Sheldon, Iowa – The Sheldon City Council approved a TIF request from Fieldcrest Assisted Living in Sheldon at their regular meeting Wednesday. The request was for the amount of $142,500 which would be used to extend the street, water and sewer to the north side of the Fieldcrest property. SCDC Executive Director Mark Gaul told the Council that Fieldcrest is planning a $3.7 million expansion project that would increase the property’s taxable valuation by approximately $2.5 million. He said that Fieldcrest currently employs a staff of 19 people, and the expansion would create 13 additional jobs in the first year, with 2 or 3 more jobs added in the second year.
The Council also approved a replat of an area of 24th Avenue in east Sheldon. City Manager Scott Wynja told the Council that the original plat included covenants to lots in that area that the City didn’t own, and that the replat would remove those covenants allowing the lots to be sold. The Council was told that Bob Poppema will be purchasing lots 7 through 11 in that area. Poppema intends to construct a spec house on one of the lots, and a condominium complex on the other 4.
The Council also heard a report from RDG Planning and McClure Engineering on the proposed Downtown Street Scape Project. They were given cost estimates for various options, from milling and overlaying of the streets, to mill and overlay with new curb and gutter, to full reconstruction of the streets, sidewalks, curb and gutter. The recommendation they made to the Council was for full reconstruction for a major portion of the downtown area. The Council said they would like to see some other options added in, and it was agreed that those options would be included and the information presented to the Council at their first meeting in November.
The Council also adjourned into Closed Session to discuss the possible purchase of property, but took no action on the matter.