The City Council of Webster City meets tonight in the council chambers, City hall, 400 Second Street, Webster City.

The meeting begins at 6 p.m. in city hall chambers.

A representative of auditing and accounting firm Williams & Co. P.C., of LeMars, will make a presentation on the fiscal year 2023-2024 audit of the city’s financial accounts. The audit is expected to show the City of Webster City will report positive balances in all three categories of its net position for government as a whole, and for the city’s business-type activities. The business-type activities include the water treatment, waste water, sewer and electrical utilities, all of which charge fees as a business might.

In the audit the city acknowledges it “is currently facing pressure on maintaining its population based on the age of its residents, but economic and housing efforts are underway to ensure population stabilization and growth.”

An especially bright spot in the city’s future economic development plans is a proposed 212-unit workforce housing development on the west side.

In conjunction with the proposed apartment community, the Council will consider a resolution to establish an Urban Renewal Area which will encompass the area where the new apartments will be built. It will officially be known as “the 2025 Webster City Housing Urban Renewal Area.”

A related resolution is on the agenda to support creation of a new Urban Renewal Area, including a first reading of an ordinance providing a division of taxes levied on taxable property in the 2025 Webster City Housing Urban Renewal Area.

A second, related resolution will set a meeting date to approve a development agreement with Wilson Estates LLC including an annual appropriation of tax increment financing. Wilson Estates is the name given to the proposed new apartment development by Kading Properties of Urbandale.

Council is also expected to take up approval of the final plat for Lynx Development, a development centered near the corner of Fair Meadow Drive and Harmony Lane, proposed by Kenyon Hill Ridge LLC, of Urbandale, back in 2020.

Also before the Council will be a proposed Industrial Sewer User Wastewater Services Agreement between the City of Webster City and Webster City Custom Meats regulating discharge from the firm’s meat packing plant on the city’s east side.