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Sigourney council sets Nov. 6 public hearing on sale of city parcel, approves urban renewal and TIF measures
Summary
At the Oct. 16 meeting the Sigourney City Council set a Nov. 6 public hearing to consider sale of a 0.57‑acre city parcel and unanimously approved resolutions to advance urban renewal costs and to recertify tax‑increment financing for the Sigourney Belva Deer Inn project.
SIGOURNEY, Iowa — The Sigourney City Council on Oct. 16 set a public hearing for 6 p.m. Nov. 6 to consider the sale and disposal of a city‑owned parcel described as Auditor’s Parcel “A,” roughly 0.57 acres, and unanimously approved a package of urban‑renewal and tax‑increment financing actions.
Mayor Jimmy Morlan opened the meeting at 6:00 p.m. and noted a clerical correction to the consent agenda dates before the council moved to business. Council members then approved Resolution 2024‑10‑30 to sell the described parcel and to schedule a public hearing on Nov. 6 at 6:00 p.m.
The council also passed Resolution 2024‑10‑32 authorizing the advancement of costs for an urban renewal project and certification of expenses under Iowa Code Section 403.19 so the city may temporarily pay project costs from LOST funds and later reimburse that account from TIF receipts. “This is a request by the State Auditor so that we can have a paper trail,” Deputy City Clerk Ashley Fry said during discussion.
On a related item, the council approved Resolution 2024‑10‑33 to implement tax‑increment financing for the Sigourney Belva Deer Inn Urban Renewal (NEUR). Deputy City Clerk Fry told the council the city currently has $75,000 in the TIF fund and that the auditor requested decertifying $75,000 and recertifying $87,540; Fry said the practical effect is the city expects to receive about $12,000 net because of the existing balance.
All motions associated with these resolutions passed on roll calls with Ayes: Schultz, Clark, McLaughlin, Iosbaker and Lentz; Nays: none.
Why it matters: The public hearing will give residents a chance to comment on the proposed parcel sale before the council finalizes any transfer. The TIF and advancement‑of‑costs votes preserve the city’s ability to finance and reimburse urban‑renewal work while complying with the State Auditor’s recordkeeping expectations.
Next steps: The council will hold the public hearing on the parcel sale at 6:00 p.m. on Nov. 6; no final sale was completed at the Oct. 16 meeting.
