Fourth Amendment to Iowa Values Funds Financial Assistance Contract with Design Mill, Inc. Copyrig hted
March 1, 2021
City of Dubuque Consent Items # 8.
City Council Meeting
ITEM TITLE: FourthAmendmentto IowaValues Funds FinancialAssistance Contract
by and among the I owa Economic Development Authority, Design Mill,
I nc., and the City of Dubuque
SUM MARY: City Manager recommending approval of the Fourth Amendment to the
lowa Values Funds Financial Assistance Contract by and among the
lowa Economic DevelopmentAuthority, Design Mill, Inc. and the Cityof
Dubuque.
RESOLUT ION Approving the Fourth Amendment to the Economic
Development Financial Assistance Contract by and among Design Mill,
I nc., the City of Dubuque, and the lowa Department of Economic
Development
SUGGESTED Suggested Disposition: Receive and File;Adopt Resolution(s)
DISPOSITION:
ATTACHMENTS:
Description Type
Design Mill Inc 4th Amendment to IEDA Contract- City Manager Memo
MVM Memo
Staff Memo Staff Memo
Resolution of Approval Resolutions
4th Amendment Supporting Documentation
Dubuque
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TO: The Honorable Mayor and City Council Members
FROM: Michael C. Van Milligen, City Manager
SUBJECT: Fourth Amendment to lowa Values Funds Financial Assistance Contract
by and among the lowa Economic Development Authority, Design Mill,
Inc., and the City of Dubuque
DATE: February 24, 2021
Economic Development Director Jill Connors recommends City Council approval of the
Fourth Amendment to the lowa Values Funds Financial Assistance Contract by and
among the lowa Economic Development Authority, Design Mill, Inc. and the City of
Dubuque.
At the request of Design Mill, Inc., IEDA has agreed to add DMI, LLC as a party to the
contract. DMI, LLC agrees to comply with all items and conditions stated in the
Contract and as reflected by this Contract Amendment.
I concur with the recommendation and respectfully request Mayor and City Council
approval.
Y
Mic ael C. Van Milligen
MCVM:jh
Attachment
cc: Crenna Brumwell, City Attorney
Cori Burbach, Assistant City Manager
Jill M. Connors, Economic Development Director
Dubuque Economic Development
Department
THE CITY OF � 1300 Main Street
All•America Eity Dubuque,lowa 52001-4763
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1 I ��� TTY(563)690-6678
http://www.cityofd u bu q ue.org
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TO: Michael C. Van Milligen, City Manager
FROM: Jill M. Connors, Economic Development Director
SUBJECT: Fourth Amendment to lowa Values Funds Financial Assistance
Contract by and among the lowa Economic Development Authority,
Design Mill, Inc., and the City of Dubuque
DATE: February 24, 2021
INTRODUCTION
This memorandum presents for City Council review and approval a resolution authorizing
the Fourth Amendment to the lowa Values Funds (IVF) Financial Assistance Contract by
and among the lowa Economic Development Authority (IEDA), Design Mill, Inc., and the
City of Dubuque. The original Contract and all amendments to date are attached.
BACKGROUND
Design Mill, Inc. specializes in the development of software for use in the education
industry and the manufacturing industry, as well as the Department of Defense. Design
Mill, Inc. is primarily a service organization developing custom applications for other
organizations as well as software products for the retail market. Design Mill, Inc. also
delivers engineering services and quality inspection services to the Department of
Defense and manufacturing companies. Design Mill, Inc.'s customers range from
technical colleges (training development), education companies (application
development), and manufacturers (CAD/Inspection). Regional customers include
McGraw Hill, John Deere, Highland Community College, Dura Automotive and the Rock
Island Arsenal. Design Mill, Inc. focuses on developing content for mobile devices.
Design Mill, Inc. is located the Historic Millwork District and has committed to creating
sixteen (16) new positions in the City of Dubuque as part of its Contract with IEDA. These
jobs will meet the State of lowa wage threshold of $19.31 per hour.
DISCUSSION
At the request of Design Mill, Inc., IEDA has agreed to add DMI, LLC as a party to the
contract. DMI, LLC agrees to comply with all items and conditions stated in the Contract
and as reflected by this Contract Amendment.
RECOMMENDATION/ ACTION STEP
I recommend the City Council adopt the attached resolution, approving the Fourth
Amendment to the Contract.
2
Prepared by Jill Connors, Economic Development, 1300 Main St., Dubuque, IA 52001, (563) 589-4393
Return to Adrienne N. Breitfelder, City Clerk, 50 W. 13th St., Dubuque, IA 52001, (563) 589-4100
RESOLUTION NO. 55-21
APPROVING THE FOURTH AMENDMENT TO THE ECONOMIC DEVELOPMENT
FINANCIAL ASSISTANCE CONTRACT BY AND AMONG DESIGN MILL, INC., THE
CITY OF DUBUQUE, AND THE IOWA DEPARTMENT OF ECONOMIC
DEVELOPMENT
Whereas, Design Mill, Inc. (DMI) and the City of Dubuque (City) entered into an
Economic Development Financial Assistance Contract (the Contract) with the Iowa
Economic Development Authority (IEDA) for the expansion of DMI's operations in
Dubuque, Iowa; and
Whereas, DMI requested an extension of the Project Completion Date in the
Contract from June 30, 2016 to June 30, 2017 in the First Amendment; and
Whereas, DMI requested an extension of the Project Completion Date in the
Contract from June 30, 2017 to June 30, 2018 in the Second Amendment; and
Whereas, DMI requested an extension of the Project Completion Date in the
Contract from June 30, 2018 to June 30, 2019 in the Third Amendment; and
Whereas, DMI is now requesting the addition of DMI, LLC as a party to the
contract, as set forth in the attached Contract Amendment; and
Whereas, the IEDA Board has approved the addition of DMI, LLC as a party to the
contract; and
Whereas, the parties now desire to amend the Contract as set forth in the attached
Contract Amendment.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF DUBUQUE, IOWA:
Section 1. The Contract Amendment is hereby approved.
Section 2. The Mayor is hereby authorized and directed to execute and the City
Manager is hereby directed to submit the Contract Amendment to the Iowa Economic
Development Authority together with such other documents as may be required.
Passed, approved, and adopted this 1st day of March, 2021.
P
Roy D. Buol, Mayor
Attest:
Adrienne N. Breitfelder, City Clerk
RECIPIENT:
MASTER CONTRACT #
AMENDMENT #:
EFFECTIVE DATE:
CONTRACT AMENDMENT
Design MITI Inc.
13-DP/TC-056
4
January 22, 2021
THIS CONTRACT AMENDMENT is made by and among the IOWA ECONOMIC
DEVELOPMENT AUTHORITY, (hereafter "IEDA"), 200 East Grand Avenue, Des Moines, Iowa
50309, an agency of the State of Iowa, Design Mill Inc. ("Recipient"), 115 N. Main Street, Elizabeth,
IL 61028, and City of Dubuque ("Community") 50 West 13i" Street, Dubuque, IA 52001,
WHEREAS, Recipient, has requested to add DMI, LLC as a party to the contract.
WHEREAS, the IEDA BOARD approved this request, effective as of the Effective Date stated
above, and
NOW, THEREFORE, the Contract referenced above is amended as follows:
1. ADDITION OF DMI, LILAC AS "RECIPIENT." All references to "Recipient" shall now include
DMI, LLC, who agrees to comply with all terms and conditions stated in the Contract and as
reflected by this Contract Amendment.
FOR DESIGN MILL, INC.:
SIGNATURE
Nathan L Greiner
PRINT/TYPE NAME, TITLE
01 /26/2021
DATE
FOR COMM ITY:
S IG'NATU R
Roy D. Buol
PRINT/TYPE NAME, TITLE
03/02/2021
DATE
FOR/D,.LLC:
SIGNATURE
Nathan L Greiner
PRINT/TYPE NAME, TITLE
01 /26/2021
DATE
FOR IEDA;
Deborah V. Durham, Director
DATE
, coo
March 2, 2021