TITLE VI: PROPERTY AND LAND
USE
CHAPTER 10
LEE COUNTY URBAN RENEWAL AREA
6-10-1 Purpose
6-10-2 Eligibility
6-10-1 PURPOSE.
An Ordinance designating the area within the limits of Lee County,
Iowa, as an Urban Revitalization Area and adopting an Urban Revitalization
Plan for said area.
1.
Chapter 404 of the Code of Iowa,
authorizes counties by ordinance to designate revitalization areas if such
areas meet the criteria established in the Code and if the County completes
the procedural requirements of the Code; and,
2.
The Lee County Board of Supervisors did
adopt a resolution finding the need for the establishment of an Urban
Revitalization Area; and,
3.
Pursuant to the Code, the County has
caused to be prepared a plan for the Urban Revitalization Area; and,
4.
All owners of record of real estate within
the designated Area were notified and the required number of public hearings
were held;
6-10-2 ELIGIBILITY.
1.
All parcels within the designated sanitary
sewer districts of Lee County, Iowa, as established in the Urban
Revitalization Plan and existing between July 1, 1998 and June 30, 2003 be
and are hereby declared pursuant to Chapter 404, Code of Iowa, to be the
Urban Revitalization District.
2.
All qualified real estate is eligible to
receive an exemption from taxation on the assessed value added by the
improvements for a period not exceeding 10 years. The amount of exemption is equal to the actual value added by
the improvements determined as follows:
Year of Schedule New Construction
Years 1 through 10
inclusive 100%
3.
The Urban Revitalization Plan for Lee
County, Iowa, dated July, 1998, on file with the office of the Lee County
Auditor is hereby declared to be the Urban Revitalization Plan for the area
of Lee County, Iowa, designated in Section 1 above.
(Ord. VI-10, Passed September 1, 1998)
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