The Atlantic City Council will hold a regularly scheduled meeting 5:30-p.m. Wednesday, at City Hall. During the session, the Council will act on an approving a change order amounting to $3,450, for the Bull Creek Improvement Project. The first aspect of the change order pertains to the removal of five trees along the route, prior to the installation of a storm sewer pipe. The second is with regard to a pipe and connection to an existing driveway draining gate. During removal of the old pipe, the connection was discovered and had to be replaced.

The Council will also act on an order approving the Fiscal Year 2016 Urban Renewal Report to the State of Iowa.

City of Atlantic Urban Renewal District geographic boundaries

The Urban Renewal Areas (URA’s) are zones established by the City that allows for the creation of TIF (Tax Increment Financing) districts. Atlantic has three area: North, Southwest and Southeast. A fourth area, the Eastridge URA, is no longer active.

And, the Atlantic City Council is expected to act on approving the second reading of an Ordinance that calls for “Deleting property from [a] Tax Increment Financing District for Urban Renewal Area,” and the establishment of a new URA for the Whitney Inn. City Administrator John Lund says Iowa Statute requires the URA to be established before a TIF or other economic development benefits are granted to the property. The Ordinance would separate the Whitney Inn properties from the Northern URA so that it can eventually become its own Urban Renewal Area. The City’s finance attorney has recommended the Northern URA be reviewed at a later date, as it may technically be expired.