Building plans get tax break approval
November 13, 2002
Tuesday’s Ames City Council meeting was adjourned after a short 55 minutes of discussion.
The main topic of the night was a motion passed to qualify the future Arlington Place assisted-living apartments, 1305 Coconino Road, under Urban Revitalization.
According to a Council Action Form, to be qualified for Urban Revitalization a builder must meet a set of criteria. Arlington Place, Inc., based in Sauk Rapids, Minn., meets the Family Residential criteria because of its underutilized future location and its brick and masonry construction.
Plans for the property include a three-story, 56-unit building with parking.
Steve Schainker, city manager, said the builders have gone “above and beyond because they are using both brick and masonry.”
He said urban revitalization benefits the builder, the renter, and the city: the builder receives tax abatements from the city and the federal government, the renter receives a lower rate, and the city benefits by having a low-income assisted-living facility.
“Lower-income individuals will be living there,” said Russ Cross, city council member. Lower-income means 60 percent below the mean income, he said.
The council declared Friday to be National Philanthropy Day and accepted a donation of art that will be hung in City Hall.
Council members congratulated Councilman Herman Quirmbach on his election to the Iowa Senate. Mayor Ted Tedesco said that at the next meeting, the council will discuss how to proceed without Quirmbach.