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Rock Valley council advances Kooima Company TIF amendment and adopts zoning change; seeks planning help for CDBG

Rock Valley City Council · June 1, 2024
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Summary

Over June meetings the council set a public hearing and then adopted amendments to tax-increment financing for Kooima Company, LLC; it also adopted a zoning change and requested Northwest Iowa Planning & Development Commission assistance with a CDBG application.

The Rock Valley City Council took a series of actions in June related to local economic development and land use, including tax-increment financing (TIF) for Kooima Company, LLC and a zoning change on a Rock Valley parcel.

At the June 6 meeting the council approved Resolution No. 937-24 to set a public hearing for an amended agreement regarding tax-increment financing for the Kooima Company project. On June 20, Council member Koldenhoven introduced Resolution No. 937-24(b) to amend the TIF incentives for Kooima Company, LLC; the council voted to adopt the resolution. At the same June 20 meeting the council also adopted Ordinance No. 831-24 to change zoning on a parcel in Rock Valley, waiving the three readings.

Council member Granstra introduced Resolution No. 937-24(c) requesting assistance from the Northwest Iowa Planning & Development Commission staff with a Community Development Block Grant (CDBG) application; the council adopted that resolution unanimously. The transcript indicates an estimate for a project expansion that qualifies for TIF was reviewed earlier in June.

No oral or written public comments were recorded on the zoning change or the TIF amendment during the public hearings reported in the transcript. The council’s actions move the Kooima-related TIF and zoning matters forward; any implementation will proceed according to subsequent statutory steps, notices and agreements.