Dubuque Initiatives Report Copyrighted
March 4, 2019
City of Dubuque Action Items # 2.
ITEM TITLE: Dubuque Initiatives Report
SUMMARY: Dubuque Initiatives Board President Doug Horstmannwill
present a report to the City Council on the Board's activities
in calendar year 2018.
SUGGESTED DISPOSITION: Suggested Disposition: Receive and File; Presentation
ATTACHMENTS:
Description Type
Dubuque Initiati�s Reportto City Council-MVM Memo City Manager Memo
Staff Memo Staff Memo
Dubuque Initiati�s Report Supporting Documentation
THE CITY OF Dubuque
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TO: The Honorable Mayor and City Council Members
FROM: Michael C. Van Milligen, City Manager
SUBJECT: Dubuque Initiatives Report to City Council
DATE: February 28, 2019
Dubuque Initiatives Board President Doug Horstmann will present a report to the City
Council on the Board's activities in calendar year 2018.
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Mic ael C. Van Milligen �� �
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Attachment
cc: Crenna Brumwell, City Attorney
Teri Goodmann, Assistant City Manager
Cori Burbach, Assistant City Manager
Jill M. Connors, Economic Development Director
Dubuque Economic Development Department
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TTY(563)690-6678
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TO: Michael C. Van Milligen, City Manager
FROM: Jill M. Connors, Economic Development Director
SUBJECT: Dubuque Initiatives Report to City Council
DATE: February 28, 2019
At your request, the Dubuque Initiatives Board President, Doug Horstmann, has agreed
to present a report to City Council on the board's activities in the calendar year 2018.
Attachment: Dubuque Initiatives 2018 Report
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ANNUAL REPORT
January— December 2018
To the Board of Directors of Dubuque/nitiatives: A summary of the past year's activities
and major accomplishments.
Board of Directors
• Board nominated Doug Horstmann as President, Kevin Lynch as Vice President, and
Tori Richter as Treasurer at its annual meeting March 12, 2018.
• Jesus Aviles finished his third 3-year term.
• Tim Conlon resigned from the board effective July 30, 2018, due to his firm's proposal to
the board (and its pending acceptance) for a Construction Manager Advisor contract at
the Flexsteel site.
• New appointments to the board, effective January 1, 2018: Kate Larson, Brett Shaw.
• New appointments to the board, effective October 22, 2018: Susan Farber, JB Priest,
and Tim Hodge.
General Highlights
• $1,000,000 was applied to the loan principal on the Roshek Building in order to
accelerate the loan amortization.
• Amended and Restated by-laws were approved, with key changes: modification of
board from 11 members to 12; modification of quorum from 1/2 membership + 1 member
to 1/3 membership + 1 member; business may be held electronically or via conference
call if quorum is present.
• Signed agreement for City to provide general professional staffing services for
compensation.
Community Investments
• $5,000 contribution toward a historic tax credit economic impact study.
• Loan provided to Platinum for downtown redevelopment project in 2003 was paid off.
Roshek Building
• Expanded monument sign on south side of building to reflect major building tenants.
• Diamond Healthcare extended its lease through March 31, 2019.
• Heartland Financial has expanded to portions of 4t" Floor.
• IBM lease negotiations to extend beyond the current June 30, 2019 term.
• Cottingham & Butler lease negotiations to extend beyond the current June 30, 2019
term, including an expansion to add square footage leased.
• Body & Soul closed its salon on Lobby level.
• Former Manna Java space remained vacant during 2018. Interest by restaurant which is
expected to sign a lease in early 2019.
• Agreed to begin hosting Winter Farmer's Market beginning February 2019.
Annual Audit
• Single-year audit for 2017. Honkamp Krueger delivered a clean, unmodified opinion.
• Honkamp Krueger consulted with City Staff to facilitate next year's audit through the
implementation of monthly accrual adjustments.
Flexsteel
• Signed agreement for City to provide expanded staffing services, to include engineering
staff to advise on this project for compensation.
• Signed agreement with Terracon to provide environmental services at the site.
• Escrow account in place, from which DI can draw down expenses for the redevelopment
project.
• Ad hoc committees met several times to coordinate details with Flexsteel
representatives, and to review proposals on the two contracts let (hazardous substance
assessment and contract manager).
Outlook for 2019-2021
As the Board looks forward, we can anticipate a number of new challenges and opportunities:
• Flexsteel — multiple contracts will be signed in 2019 for the environmental and
construction work to take place on the Jackson Street site. Under contract with DI, City
staff will continue to advise and assist in the development, coordination, and monitoring
of contract obligations.
• Schmitt Island — possible facilitation of public and private groups working together to
develop the island for the greater good. Help identify projects that will benefit the
community.
• Central Avenue Corridor— possible facilitation of partnerships (i.e. City, True North,
etc.) to create visible examples of success for others to emulate.
• Parking Survey—work with consultant RDG to identify current and future parking needs
in the downtown area to support economic development efforts.
Current board members: Doug Horstmann (President), Kevin Lynch (Vice President), Victoria
Richter(Treasurer), Roy Buol, Rick Dickinson, Susan Farber, Tim Hodge, Kate Larson, Emily
McCready, JB Priest, Brett Shaw, Michael Van Milligen
For more information, visit https://dubuqueinitiatives.com/