US Dept of Comm EDA 2M approveUNITED STATES DEPARTMENT OF COMMERCE
The Assistant Secretary for Economic Development
Washington, D.C. 20230
Investment No. 05 -01-03816
The Honorable Terrance M. Duggan, Mayor
City of Dubuque
50 West 13th Street
Dubuque, Iowa 52001-4864
Dear Mayor Duggan:
I am pleased to announce that the Department of Commerce's Economic Development
Administration (EDA) has approved your application for an EDA investment. This $2,000,000
investment will be used for the acquisition of property, building demolition and business
relocation to enable new development and job creation in the Port of Dubuque, as a part of
President Bush's commitment to keep America working.
President Bush is committed to ensuring that no community or demogaphic group is
excluded from the opportunity to achieve the American dream. To that end, this EDA
investment will serve as a foundation for future economic successes that will benefit both
families and businesses in Dubuque. EDA is committed to providing financial assistance to meet
the economic development needs of distressed communities throughout the United States. Our
mission is to help our partners across the nation create wealth and minimize poverty by
promoting a favorable business environment to attract private capital investmeaat and create
higher-skill, higher-wage jobs.
Please be assured that EDA's Denver regional office will be in contact with you to assist
in the implementation of EDA's investment in our partnership. I have requested that
Mary Kathryn Alspach, Senior Project Officer, contacts you and makes all necessary
arrangements. Ms. Alspach can be contacted at 1244 Speer Boulevard, Suite 670, Denver, CO
80204, or (303) 844-5455.
I share your expectations regarding the impact of this investment and look forward to
working with you to see to its successful completion. I am confident that this project will be an
important asset in your economic development strategy and will provide lasting improvements in
your community.
Sincerely,
David A. Sampson
Assistant Secretary
for Economic Development