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Amendment of the Dubuque Industrial Center Economic Development District Urban Renewal Plan, Version 2022.3_HearingCity of Dubuque City Council Meeting Public Hearings # 02. Copyrighted September 6, 2022 ITEM TITLE: Resolution of Adoption for the Amendment of the Dubuque Industrial Center Economic Development District Urban Renewal Plan, Version 2022.3 SUMMARY: Proof of publication on notice of public hearing to consider City Council approval of a Resolution of Adoption for the Amended and Restated Urban Renewal Plan Version 2022.3 for the Dubuque Industrial Center Economic Development District, and City Manager recommending approval. RESOLUTION Approving the Amended and Restated Urban Renewal Plan, Version 2022.3, for the Dubuque Industrial Center Economic Development District SUGGESTED Suggested Disposition: Receive and File; Adopt Resolution(s) DISPOSITION: ATTACHMENTS: Description Type Amended and Restated Urban Renewal Plan for Dubuque Industrial Center Urban Renewal Area, City Manager Memo Version 2022.3-MVM Memo Staff Memo Staff Memo Resolution Resolutions Amended and Restated Urban Renewal Plan, Version Supporting Documentation 2022.3 Attachment A - Map Supporting Documentation Attachment B-1 Supporting Documentation Attachment B-2 Supporting Documentation Attachment C Supporting Documentation Attachment D Supporting Documentation Consultation Minutes Supporting Documentation Proof of Publication Supporting Documentation THE CITY OF Dubuque DUB TEE1. All -America City Masterpiece on the Mississippi � pp zoo�•*o 13 zoi720zoi9 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Resolution of Adoption for the Amendment of the Dubuque Industrial Center Economic Development District Urban Renewal Plan, Version 2022.3 DATE: August 31, 2022 Economic Development Director Jill Connors is recommending City Council adopt a Resolution of Adoption for the Amended and Restated Urban Renewal Plan Version 2022.3 for the Dubuque Industrial Center Economic Development District. This proposed expansion and amendment of the Dubuque Industrial Center Economic Development District would result in the addition of property that is currently undeveloped. The expansion of the District is required to accommodate the issuance of urban renewal tax rebates under the Development Agreement by and among the City of Dubuque, Iowa, Green Industrial Properties, L.L.C., Innovation Properties, L.L.C., and Green Industrial Supply, Inc. I concur with the recommendation and respectfully request Mayor and City Council approval. v Micliael C. Van Milligen MCVM:sv Attachment CC' Crenna Brumwell, City Attorney Cori Burbach, Assistant City Manager Jill Connors, Economic Development Director Dubuque THE CITY OF All -America My nni K xvni , nz: a:u�ir, DUB E 2007-2012.2013 Masterpiece on the Mississippi 2017*2019 TO: Michael C. Van Milligen, City Manager FROM: Jill M. Connors, Economic Development Director Economic Development Department 1300 Main Street Dubuque, Iowa 52001-4763 Office (563) 589-4393 TTY (563) 690-6678 http://www.cityofdubuque.org SUBJECT: Resolution of Adoption for the Amendment of the Dubuque Industrial Center Economic Development District Urban Renewal Plan, Version 2022.3 DATE: August 30, 2022 INTRODUCTION This memorandum presents for City Council consideration a Resolution of Adoption for the Amended and Restated Urban Renewal Plan Version 2022.3 for the Dubuque Industrial Center Economic Development District ("District"). The proposed Amended and Restated Urban Renewal Plan ("Urban Renewal Plan") for the District would expand the District to include property to be designated as a new Subarea R. The proposed Urban Renewal Plan will also include a new project under the public purpose activities, Green Industrial Properties, L.L.C., Innovation Properties, L.L.C., and Green Industrial Supply, Inc. BACKGROUND The original Dubuque Industrial Center Economic Development District was created on May 2, 1988. The District is an urban renewal area which allows the City of Dubuque to capture tax increment revenue from improvements made in the District in order to promote economic development activities. The original area included the Dubuque Industrial Center (known as Subarea A) and has been expanded several times over the years to include Dubuque Industrial Center West, the County Farm, the Bergfeld Farm, the North Siegert Farm, the Rail Site, the South Siegert Farm, the Graf Farm, McFadden Farms, small adjacent parcels, and several County -owned parcels (known as Subareas B, C, D, E, F, G, H, I, J, K, L, M, N, O, P, and Q). Before a municipality can exercise the authority conferred by Iowa Code Chapter 403 Urban Renewal, a Resolution of Necessity must be adopted finding that the area being considered for urban renewal district designation is either a slum, blighted or economic development area and that the rehabilitation, conservation, redevelopment, development, or a combination thereof, of the area is necessary in the interest of the public health, safety or welfare of the residents of the city. DISCUSSION This proposed expansion and amendment of the Dubuque Industrial Center Economic Development District would result in the addition of property that is currently undeveloped. The expansion of the District is required to accommodate the issuance of urban renewal tax rebates under the Development Agreement by and among the City of Dubuque, Iowa, Green Industrial Properties, L.L.C., Innovation Properties, L.L.C., and Green Industrial Supply, Inc. A consultation process was conducted with the affected taxing entities as required by Chapter 403.5 of the Iowa Code. Prior to the meeting, the affected taxing bodies were mailed copies of the Amended and Restated Urban Renewal Plan and the Notice of Public Hearing. The required consultation to discuss, question, or object to the findings in these documents was held Tuesday July 26, 2022. No written objections or recommended changes to the Amended and Restated Plan were received. On August 19, 2022, the notice of public hearing was published to allow for the appropriate publication requirements for the proposed Amended and Restated Urban Renewal Plan, Version 2022.3. The City of Dubuque has had tremendous success with its economic development approach, receiving multiple national recognitions for job creation. This is in no small part due to the City's decision in the mid 1990's to acquire and develop over 900 acres of property to provide a 20-year supply of industrial park land. This proposed modification of the District would further the City's goals for economic development. RECOMMENDATION / ACTION STEP I recommend that following the public hearing, the City Council adopt the attached Resolution of Adoption for the Amended and Restated Urban Renewal Plan for Dubuque Industrial Center Economic Development District Version 2022.3. 2 RESOLUTION NO. 290-22 APPROVING THE AMENDED AND RESTATED URBAN RENEWAL PLAN, VERSION 2022.3, FOR THE DUBUQUE INDUSTRIAL CENTER ECONOMIC DEVELOPMENT DISTRICT Whereas, by Resolution 254-22 on July 18, 2022 the City Council of the City of Dubuque, Iowa authorized the preparation of an Amended and Restated Urban Renewal Plan (the "Amended and Restated Urban Renewal Plan" or "Plan") for the Dubuque Industrial Center Economic Development District (the "District"); and Whereas, the Amended and Restated Urban Renewal Plan forthe District, Version 2022.3, is on file in the City Clerk's Office; and Whereas, the City Council's primary objective for the Amended and Restated Urban Renewal Plan for the District is to expand the District by adding Subarea R described in the Amended and Restated Urban Renewal Plan to provide opportunities which will further economic development purposes and objectives as described in the Plan; and Whereas, a consultation process has been undertaken with affected taxing entities in accordance with Chapter 403 of the Code of Iowa and no written objections or recommended changes to the Plan have been received; and Whereas, the City Council, in accordance with Chapter 403 of the Code of Iowa, has held a public hearing on the Amended and Restated Urban Renewal Plan after public notice thereof. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. That the Amended and Restated Urban Renewal Plan for the Dubuque Industrial Center Economic Development District, Version 2022.3, is hereby approved. Section 2. That a feasible method exists for the location of any families who will be displaced from the District, as amended, into decent, safe and sanitary dwelling accommodations within their means and without undue hardship to such families; and that the Amended and Restated Plan conforms to the general plan of the City as a whole. With respect to any real property in the District acquired by the City in connection with the land and projects included in the Plan, non-residential use is expected and with reference to those portions thereof which are to be developed for non-residential uses, such non- residential uses are necessary and appropriate to facilitate the proper growth and development of the City in accordance with sound planning standards and local community objectives. Section 3. That the District, as amended, continues to be an area for economic development (commercial and industrial) within the meaning of Iowa Code Chapter 403; that such area is eligible for designation as an urban renewal area and otherwise meets all requisites under the provisions of Iowa Code Chapter 403; and that the rehabilitation, conservation, redevelopment, development, or a combination thereof, of such area is necessary in the interest of the public health, safety or welfare of the residents of this City. Section 4. That, notwithstanding any resolution, ordinance, plan, amendment or any other document, the Amended and Restated Plan shall be in full force and effect from the date of this Resolution until the Council amends or repeals the Plan. Section 5. That the City Clerk of the City of Dubuque, Iowa is hereby authorized and directed to file a certified copy of this Resolution in the office of the Dubuque County Auditor. PASSED, APPROVED and ADOPTED this 6ch day of September, 2022. ATTEST: � � o Adrienne N. Breitfelder, City Clerk Prepared by: Jill Connors, City of Dubuque, 1300 Main Street, Dubuque, IA 52001 (563) 589-4393 Return to: Adrienne N Breitfelder, City of Dubuque, 50 W. 13th Street, Dubuque, IA 52001 (563) 589-4121 AMENDED and RESTATED URBAN RENEWAL PLAN Dubuque Industrial Center Economic Development District City of Dubuque, Iowa This Amended and Restated Urban Renewal Plan provides for the continued development of the Dubuque Industrial Center Economic Development District, originally established by Resolution 130-88 of the City Council of the City of Dubuque, Iowa on May 2, 1988 and thereafter amended and restated by Resolution 484-90 on December 17, 1990, Resolution 142-97 on April 7, 1997, Resolution 478-97 on November 17, 1997, Resolution 15-08 on January 7, 2008, Resolution 101-08 on March 17, 2008, Resolution 109-08 on April 7, 2008, Resolution 87-11 on March 7, 2011, Resolution 171-13 on June 3, 2013, Resolution 197-15 on June 1, 2015, Resolution 309-15 on September 8, 2015, Resolution 332-16 on September 19, 2016, Resolution 157-18 on May 21, 2018, Resolution 158-18 on May 21, 2018, Resolution 380-18 on December 17, 2018, Resolution 387-19 on November 4, 2019, Resolution 125-21 on April 19, 2021, Resolution 125- 21 on April 19, 2021, Resolution 323-21 on September 20, 2021, Resolution 324-21 on September 20, 2021, by Resolution 387-21 on November 1, 2021, by Resolution 197- 22 on May 16, 2022, by Resolution -22 on September 6, 2022, and by Resolution -22 on September 6, 2022. Prepared by the Economic Development Department. 289 290 Version 2022.3 A. B. C. D. E. F. G. H. I. J. K. L. TABLE OF CONTENTS INTRODUCTION.................................................................................................. 4 OBJECTIVES....................................................................................................... 4 DISTRICT BOUNDARIES....................................................................................5 PUBLIC PURPOSE ACTIVITIES......................................................................... 5 DEVELOPMENT & REDEVELOPMENT REQUIREMENTS................................7 LAND ACQUISITION AND DISPOSITION.......................................................... 8 FINANCING ACTIVITIES.....................................................................................9 STATE AND LOCAL REQUIREMENTS............................................................11 DURATION OF APPROVED URBAN RENEWAL PLAN..................................11 SEVERABILITY.................................................................................................12 AMENDMENT OF APPROVED URBAN RENEWAL PLAN..............................12 ATTACHMENTS................................................................................................12 3 AMENDED and RESTATED DUBUQUE INDUSTRIAL CENTER ECONOMIC DEVELOPMENT DISTRICT URBAN RENEWAL PLAN City of Dubuque, Iowa A. INTRODUCTION This AMENDED and RESTATED URBAN RENEWAL PLAN (the "Plan") has been prepared to provide for the further development and redevelopment of the DUBUQUE INDUSTRIAL CENTER ECONOMIC DEVELOPMENT DISTRICT (the "District") first established by the City of Dubuque on May 2, 1988. Its intent is to stimulate economic development activities within the expanded District through the commitment of public actions as specified herein. To achieve this objective, the City of Dubuque shall undertake the urban renewal actions specified in this Plan, pursuant to the powers granted to it under Chapter 403 of the Iowa Code, Urban Renewal Law. This Plan shall serve as a new urban renewal plan for the District described herein. The Plan shall be viewed as a single plan for purposes of fulfilling the objectives of this Plan. The separate subareas of this Plan (the "Subarea(s)") will be maintained and observed for those purposes which are aided by or in need of the division, but the combined area comprising the District shall be treated together for planning and redevelopment purposes. No new land is added to the District by this Plan. The division of taxation authorized by Section 403.19 and the separation of incremental taxes as defined in Section 403.19(2) have been implemented in the existing area of the District (the different areas of the District are hereinafter referred to as Subareas). Under the terms of this Plan, the tax increment mechanism shall continue in the existing Subareas and shall be implemented within a new Subarea being added to the District. Incremental taxes shall continue to be determined separately with respect to each of the Subareas comprising the District, and when collected shall be applied, subject to such liens and priorities as may exist or be from time to time provided, with respect to the Amended and Restated Dubuque Industrial Center Economic Development District, as so amended. B. OBJECTIVES The primary objectives of the Plan are the development and redevelopment of the District for economic development activities, primarily industrial park development, through: El 1. Provision of marketable industrial development sites for the purpose of job - creating economic development activities; 2. Provision of public infrastructure improvements, including sanitary sewer, water and stormwater detention, supportive of full development of the District; 3. Provision of a safe, efficient and attractive circulation system; 4. Establishment of design standards which will assure cohesive and compatible development and redevelopment of the District; 5. Provision of public amenities that provide an aesthetically appealing environment, including open space, buffering, landscaping, water features, signage and lighting to create a distinctive and attractive setting; 6. Creation of financial incentives necessary to encourage new and existing businesses to invest in the District; and 7. Expansion of the property tax base of the District. C. DISTRICT BOUNDARIES The District is located entirely within the County of Dubuque, State of Iowa. Most of the District, including all of Subareas A, B, C (as amended), D, E, G, H, K, L, M, N, O, P, Q, and R currently is within the corporate limits of the City of Dubuque. In accordance with Iowa Code Section 403.17(4), Dubuque County consented to the inclusion of Subarea F in the District in a Joint Agreement between the City and County, dated April 20, 2015. The City expects that Subarea F ultimately will become part of the City of Dubuque. In accordance with Iowa Code Section 403.17(4), Dubuque County consented to the inclusion of Subareas I and J in the District in a Joint Agreement between the City and County, dated August 8, 2016. This Plan creates a new subarea within the District, Subarea R, by adding property to the District. Subarea R includes undeveloped property that was previously a portion of Subarea C, but was removed from Subarea C by Version 2022.2 of this plan. The City of Dubuque believes that the objectives of the Plan can best be accomplished by defining the real property included within the District as seventeen separate areas so as to distinguish the original District (Subarea A) from the subsequent expansion areas (Subareas B, C (as amended), D, E, F, G, H, I, J, K, L, M, N, O, P, Q, and R). The descriptions of the boundaries of each Subarea are attached to this Plan as ATTACHMENT D, District Boundary Description by Subarea. The boundaries of the District are delineated on the Subarea Map, attached to this Plan 5 as ATTACHMENT A. The City of Dubuque reserves the right to further modify the boundaries of the District at some future date. Any amendments to the Plan will be completed in accordance with Chapter 403 of the Iowa Code, Urban Renewal Law. D. PUBLIC PURPOSE ACTIVITIES To meet the OBJECTIVES of this Plan, the City of Dubuque has and expects to continue to initiate and support development and redevelopment of the District through, among other things, the following PUBLIC PURPOSE ACTIVITIES: 1. Acquisition of property for public improvements and private development; a.) These activities include, but are not limited to, previously approved consultant work that will examine and identify future areas for acquisition and industrial park development. b.) These activities also include the acquisition of property that is included in the previously approved Subareas of this Plan. 2. Demolition and removal of buildings and improvements not compatible with or necessary for industrial park development and all site preparation and grading required in connection with such development; a.) These activities include, but are not limited to, the previously approved site work and grading associated with the development of the Dubuque Industrial Center, the Dubuque Industrial Center West and Dubuque Industrial Center South. 3. Improvement, installation, construction and reconstruction of streets, utilities and other improvements and rights -of -ways including but not limited to the relocation of overhead utility lines, street lights, construction of railroad spur tracks, appropriate landscaping and buffers, parks and open space and signage; a.) These activities include, but are not limited to, future and previously approved development of road, water, wastewater, and storm water infrastructure associated with the development of the Dubuque Industrial Center, the Dubuque Industrial Center West and the Dubuque Industrial Center South. b.) These activities include, but are not limited to, the previously approved development of the Bergfeld recreational area, pond, and walking trail, as well as additional signage and trail improvements. n c.) These activities also include the construction and installation of supporting infrastructure within the District. 4. Disposition of any property acquired in the District, including sale, initial leasing or retention by the City itself, at its fair value; 5. Preparation of property for development and redevelopment purposes including but not limited to activities such as appraisals and architectural and engineering studies; a.) These activities include, but are not limited to, the previously approved site work and grading associated with the development of the Dubuque Industrial Center, the Dubuque Industrial Center West and Dubuque Industrial Center South. 6. Maintenance of publicly utilized recreational and economic development areas; a.) These activities include, but are not limited to, general landscaping and maintenance expenses in public right-of-way and undeveloped land owned by the City of Dubuque. 7. Use of tax increment financing, loans, grants and other appropriate financial tools in support of eligible public and private development and redevelopment efforts; • These activities also include, but are not limited to, previously approved property tax rebate agreements with: • Leo A. Theisen and Theisen Supply, Inc.; • A.Y. McDonald Mfg. Co.; • Green Industrial Supply; • Walter Development, LLC and TM, Inc.; • Spiegel Family Realty Company; • Progressive Processing, LLC/Hormel; • ITC Midwest LLC; • Medline Industries, Inc. (November 2007); • Art's-Way Vessels, Inc.; • Kendall/Hunt Publishing Company, Westmark Enterprises, Inc. and Great River Technologies, LLC.; • P&L Venture, LLC, and National Dentex; • Dubuque Screw Products, Inc.; • Giese Properties, LLC and Giese Manufacturing Company, Inc. (Phase I, II, and III); • Faley Properties, L.L.C. and Faley Enterprises, Inc.; • Malay Holdings, LLC, and Vanguard Countertops, Inc.; 7 • Tri-State Industries; • TriState Quality Metals, LLC; • Roasting Solutions, LLC; • Flexsteel Industries, Inc.; and • Medline, Industries, Inc. (May 2018) • Walter Development, LLC • Walter Development, LLC, BAS Development, LLC, and Unison Solutions, Inc. • Simmons Pet Food, Inc. • Scherr Real Estate, LLC, and Dubuque Screw Products, Inc. • Green Industrial Properties, L.L.C., Innovation Properties, L.L.C., and Green Industrial Supply, Inc. • These activities include, but are not limited to, previously approved agreements to sell bonds, leveraging tax increment financing on capital improvement for; • American Tank and Fabrication, Co. (formerly Vessel Systems, Inc.) for the development of a 31,000 square feet industrial manufacturing facility at 8025 Chavenelle Road. • The Adams Company for the development of a 50,000 square foot industrial facility at 8040 Chavenelle Road. • The City expects to consider requests for additional development agreements for projects that are consistent with this Plan, as amended, in the City's sole discretion. Such additional agreements are unknown at this time, but based on past history and dependent on development opportunities and climate, the City expects to consider a broad range on incentives as authorized by this Plan, as amended, including, but not limited to, land, loans, grants, tax rebates, public infrastructure assistance, and other incentives. The costs of such additional development agreements will not exceed $10,000,000 8. Enforcement of applicable local, state and federal laws, codes and regulations; 9. Enforcement of established design standards in furtherance of quality development; 10. Development and implementation of a marketing program for the purpose of promoting the purchase and development of industrial sites by private developers; 11. Coordination and cooperation with the improvement of Seippel Road as it affects accessibility to U.S. Highway 20 from Subareas B, C, E, F, I, J. 12. Contracts with vendors to promote business retention, expansion, recruitment, and workforce development; a.) These activities include, but are not limited to, a contract for service with the Greater Dubuque Development Corporation to promote business retention and expansion, workforce development, new business recruitment and commercial and industrial expansion in the District. b.) These activities include, but are not limited to, related legal expenses. 13. Construction by the County of one or more County -owned buildings in Subareas I and/or J. a.) These activities include the support of the County's investment of Dubuque County funds into the construction of a new office building and a new maintenance and storage shop on certain County -owned real property situated at 13047 City View Drive for use by the County's Secondary Roads, Health, Zoning and County Assessor Departments. The County funding for this project may come from borrowed funds through the issuance of general obligation indebtedness or such other sources as the County may identify in the future. It is not anticipated that the City or TIF funds from the District will finance this project in any way. Public purpose activities are limited to those areas delineated on the URBAN RENEWAL DISTRICT map (Attachment A). All public purpose activities shall be conditioned upon and shall meet the restrictions and limitations placed upon the District by the Plan. E. DEVELOPMENT & REDEVELOPMENT REQUIREMENTS The LAND USE and PLANNING AND DESIGN CRITERIA set forth herein shall apply to any and all District properties the development and/or the redevelopment of which is assisted by the City through any of the PUBLIC PURPOSE ACTIVITIES listed above. 1. Land Use Subareas A, B, C, D, E, F, G, H, I, J, K, L, M, N, O, P, Q, and R shall continue to be developed under the regulations of the existing Dubuque Industrial Center er Planned Industrial District. The allowed uses provide for a mix of commercial and industrial land use activities within a quality industrial park setting. LAND USE maps (Attachments B-1 and B-2) identify the existing and the proposed land uses within Subareas A, B, C, D, E, F, G, H, I, J, K, L, M, N, O, P, Q, and R. 2. Plannina and Desian Criteria The planning criteria to be used to guide the physical development of Subareas A, B, C, D, E, F, G, H, K, L, M, N, O, P, Q, and R are those standards and guidelines contained within the City of Dubuque's Unified Development Code and other applicable local, state and federal codes and ordinances. a. Subarea A development will continue to be additionally governed by the Conditions of Development and Operation Documents of the Dubuque Industrial Center Planned Industrial District as amended from time to time. b. Subareas B, C, D, E, F, K, N, O, P, Q, and R will develop under a PI Planned Industrial District ordinance as required by Section 16-5-24 of the City of Dubuque's Unified Development Code. Development will follow the Planned Unit Development regulations which require a conceptual development plan and specific design and performance standards to be approved by ordinance. C. Subareas G, H, L, and M are intended to develop as an Industrial area similar to Subareas B, C, D, E, and F. d. Subareas I, J, and a portion of Subarea P are located in Dubuque County outside of City of Dubuque corporate limits and therefore are not subject to City Development Codes. F. LAND ACQUISITION AND DISPOSITION The City of Dubuque is prepared to acquire and dispose of property in support of the development and redevelopment of the District within the parameters set forth below. 1. Land Acquisition The City has acquired substantially all of the land located within the District, except Subareas I and J, and has made the same available for private development in accordance with this Plan. 2. Land Disposition All City owned land that is available for development within the District, will be sold 10 for the development of viable uses consistent with this Plan and not for purposes of speculation. Land will be disposed of in accordance with the requirements set forth in Chapter 403 of the Iowa Code, Urban Renewal Law. Developers will be selected on the basis of the quality of their proposals and their ability to carry out such proposals while complying with the requirements of this Plan. Developers will be required by contractual agreement to observe the Land Use Requirements and Planning and Design Criteria of this Plan. The contract and other disposition documents will set forth the provisions, standards and criteria for achieving the objectives and requirements outlined in this Plan. 3. Relocation Requirements No relocation is anticipated at this time; however, if any relocation is necessary as part of the eligible urban renewal projects, the City will follow all applicable relocation requirements. G. FINANCING ACTIVITIES To meet the OBJECTIVES of this Plan and to encourage the development of the District and private investment therein, the City of Dubuque is prepared to provide financial assistance to qualified industries and businesses through the making of loans or grants under Chapter 15A of the Iowa Code and through the use of tax increment financing under Chapter 403 of the Iowa Code. Chapter 15A Loan or Grant The City of Dubuque has determined that the making of loans or grants of public funds to qualified industries and businesses is necessary to aid in the planning, undertaking and completion of urban renewal projects authorized under this Plan within the meaning of Section 384.24(3)(q) of the Iowa Code. Accordingly, in furtherance of the objectives of this Plan, the City of Dubuque may determine to issue bonds or loan agreements, in reliance upon the authority of Section 384.24A, Section 384.24(3)(q), Section 403.12 (general obligation bonds) or Section 403.9 (tax increment bonds), for the purpose of making loans or grants of public funds to qualified businesses located within the District. Alternatively, the City may determine to use available funds for the making of such loans or grants. In determining qualifications of recipients and whether to make any such individual loans or grants, the City of Dubuque shall consider one or more of the factors set forth in Section 15A.1 of the Iowa Code on a case -by -case basis. 2. Tax Increment Financing 11 The City of Dubuque is prepared to utilize tax increment financing as a means of financing eligible costs incurred to implement the Public Purpose Activities identified in Part D of this Plan. Bonds, tax rebate agreements and/or loan agreements may be issued by the City under the authority of Section 403.9 of the Iowa Code (tax increment bonds) or Section 384.24A, Section 384.24(3)(q) and Section 403.12 (general obligation bonds). The City acknowledges that the use of tax increment revenues delays the ability of other local taxing bodies to realize immediately the direct tax benefits of new development in the District. The City believes, however, that the use of tax increment revenues to finance the development of new industrial land and to promote private investment in the District is necessary in the public interest to achieve the OBJECTIVES of this Plan. Without the use of this special financing tool, new investment may not otherwise occur or may occur within another jurisdiction. If new development does not take place in Dubuque, property values could stagnate and the City, County and School District may receive less taxes during the duration of this Plan than they would have if this Plan were not implemented. Tax increment financing will provide a long-term payback in overall increased tax base for the City, County and School District. The initial public investment required to generate new private investment will ultimately increase the taxable value of the District well beyond its existing base value. Tax increment reimbursement may be sought for, among other things, the following costs to the extent they are incurred by the City: a. Planning and administration of the Plan; b. Construction of public infrastructure improvements and facilities within the District; C. Acquisition, installation, maintenance and replacement of public investments throughout the District including but not limited to street lights, landscaping and buffers, signage and appropriate amenities; d. Acquisition of land and/or buildings and preparation of same for sale or lease to private developers, including any "write down" of the sale price of the land and/or building; e. Preservation, conservation, development or redevelopment of buildings or facilities within the District to be sold or leased to qualified businesses; f. Loans or grants to qualified businesses under Chapter 15A of the Iowa Code, including tax rebate payments, debt service payments on any bonds issued to finance such loans or grants, for purposes of expanding the 12 business or activity, or other qualifying loan programs established in support of the Plan; and g. Providing the matching share for a variety of local, state and federal grants and loans. h. Any of the costs incurred in connection with any of the PUBLIC PURPOSE ACTIVITIES described in Part D of this Plan. 3. Proposed Amount of Indebtedness At this time, the extent of improvements and new development within the District is only generally known. As such, the amount and duration for use of the tax increment revenues for public improvements and/or private development can only be estimated; however, the actual use and amount of tax increment revenues to be used by the City for District activities will be determined at the time specific development is proposed. It is anticipated that the maximum amount of indebtedness which will qualify for tax increment revenue reimbursement during the duration of this Plan, including acquisition, public improvements and private development assistance within the District, will not exceed $70,500,000. The City of Dubuque's current general debt subject to the statutory debt limit is $109,522,364 (a list of the outstanding obligations is found at Attachment C) and the current statutory debt limit is $241,616,084. H. STATE AND LOCAL REQUIREMENTS All provisions necessary to conform with state and local laws have been complied with by the City of Dubuque in the implementation of this Plan and its supporting documents. I. DURATION OF APPROVED URBAN RENEWAL PLAN 1. Subarea A This Plan shall continue in effect for Subarea A until terminated by action of the City Council, but in no event before the City of Dubuque has received full reimbursement from all incremental taxes of its advances and principal and interest payable on all Tax Increment Financing or general obligations issued to carry out the OBJECTIVES of the Plan. 2. Subareas B. C. D. E. F. G. H. I. J. K. L. M. N. O. P. Q. and R This Plan shall continue in effect until terminated by the City Council; provided, however, that the collection of tax increment revenues from properties located in Subareas B, C, D, E, F, G, H, I, J, K, L, M, N, O, P, Q, and R shall be limited as 13 provided by law (currently twenty (20) years from the calendar year following the calendar year in which the City first certifies to the County Auditor the amount of any loans, advances, indebtedness or bonds which qualify for payment from the division of tax increment revenue as provided for in Section 403.19 (tax increment financing) of the Iowa Code, or in which the City first includes the Subarea in an ordinance for the division of tax increment revenue). The DEVELOPMENT AND REDEVELOPMENT REQUIREMENTS established, or as amended from time to time by the City of Dubuque Zoning Ordinance, shall remain in effect in perpetuity. J. SEVERABILITY In the event one or more provisions contained in this Plan shall be held for any reason to be invalid, illegal, unauthorized or unenforceable in any respect, such invalidity, illegality, unauthorization or unenforceability shall not affect any other provision of this Plan and this Plan shall be construed and implemented as if such provision had never been contained herein. K. AMENDMENT OF APPROVED URBAN RENEWAL PLAN This Plan may be amended from time to time to respond to development opportunities. Any such amendment shall conform to the requirements of Chapter 403 of the Iowa Code. Any change effecting any property or contractual right can be effectuated only in accordance with applicable state and local law. L. ATTACHMENTS A Urban Renewal District Map B Land Use Maps B-1 Existing Land Use B-2 Proposed Land Use C List of General Obligation Debt D Legal Descriptions 14 �o ASBURY RD 0 O` w1 i `! �HAVfjy f[LERD 0 j� P�`QO District Boundary r Subarea F Dubuque City Limits a Subarea G Subarea A r Subarea H Subarea B off- Subarea Subarea C ■i Subarea J sGq r Subarea D ■l Subarea K Subarea E Subarea L 1 EXHIBIT A 2022.3 Dubuque Industrial Center Economic Development District ENV-", Subarea M Subarea N Subarea 0 Q� r Subarea P r Subarea 0 r Subarea R sir \Ur - Uvur-�, FEuwcb �Uq ou DDUbagUe, �A, Oc evelopment\Urban Renewal Districts\Dubuque iri Center\2022\Dubuquelndust ICenterURAs\Dubuquelndustrial(enterUR GQOO�QQI�V�OO�o0o0Qgo /2o SWISSVALLEY RD g IJ EM, HEM, Gdrmh 9MASA, MSGS, EPA, J `N LOCUSTiST ASBURY RD o o HILL(RESTRD EXHIBIT B-1 - EXISTING LAND USE O a z 2022.3 Dubuque Industrial Center PENNSYLVANIA pVE MIDDLERD n•�I a Economic Development District fLIE 6 `QO LPG District Boundary Institutional Dubuque City Limits Office Existing Land Use Park Agriculture Open Space L Commercial Single Family Heavy Industrial Vacant Light Industrial / -, sas, FEM4 clTy of Dubuque,1& k H:\Eron ¢ evelopment\Urban Renewal Districts\Dubuque fri Center\2022\Dubuquelndusf ICenferURAs\DubuquelndusfrialCenferURA.oor J GoOO�oQI�V�0O�o0o0Qgo 2�2/2o SWISSVALLEY RD g 4/ W FnIMASA, M565o EPA, 1 M �o ` w LDCUSTtST o HILL(RESTRD EXHIBIT B-2 - PROPOSED LAND USE o C z 2022.3 Dubuaue Industrial Center PENNSYLVANIA pVE -1 a _ _ Economic Development District ACDistrict Boundary Dubuque City Limits Commercial Heavy Industrial Light Industrial Institutional an Office Mixed Use + Single Family Residential Mixed Residential Multi -Family Residential Park Public Open Space rban Renewal Districts\Dubuque MG,% sas, FEM4 CKY of Dubuque, �A, k Goo�oc�I�u�ologuQgo EM, HEM, Garmh fMASA, MSGS, EPA, City of Dubuque Summary of Bonded Indebtedness Description General Obligation Bonds rF«antinl r -n-ta P-n-1 Date Average Yearof Amount Principal Principal Interest Principal of Interest Final of Outstanding Due Due Outstanding Issue Rate Pavment Issue 6130/21 FY 2022 FY 2022 6130/22 Airport New Terminal Furnishings ST20 Refund 2014B 6/2/2021 2.0000% 2026 25,000 25,000 4,901 499 20,099 Airport Improvements Refunding 4/17/2017 3.0000% 2030 282,200 208,900 21,400 6,267 187,500 Airportlmprov- PFC Refunding 2012C 6/2/2021 2.0000% 2032 1,353,033 1,353,033 110,547 26,985 1,242,486 Airport Improv - Sales Tax 20% Refunding 2012C 6/2/2021 2.0000% 2032 10,000 10,000 10,000 200 - Airport Terminal Utility Improv - PFC Refund 2014B 6/2/2021 2.0000% 2034 490,000 490,000 35,000 9,773 455,000 Airport New Terminal Roads/Parking Sales Tax 20% 4/4/2016 2.7896% 2036 635,927 494,930 28,775 13,477 466,155 Building -Conf Center Improv - Sales Tax 20% 6/20/2019 3.0000% 2022 25,076 8,368 8,368 2,482 (0) Building- Conf Center Energy Improv - FY19 6/20/2019 3.0000% 2027 187,136 141,440 22,848 4,243 118,592 Building 18th Street Improv Sales Tax 20% 3/19/2018 3.0464% 2026 391,913 259,325.00 48,745.00 7,890.00 210,580.00 Building City Hall Brickwork - Sales Tax 20% 6/20/2019 3.0000% 2027 236,448 182,533 27,729.73 8,226.49 154,804 Building Smart Meters Refunding 4/17/2017 3.0000% 1 2030 45,4001 33,600 3,400 1,008 30,200 Building Federal Building Roof - Sales Tax 20% 4/4/2016 2.7896% 2035 268,404 208,894 12,145 5,688 196,749 Civic Center Improvements - Sales Tax 20% 6/20/2019 3.0000% 2027 323,146 249,463 37,897 11,243 211,565 Civic Center Chair Platform Section 3 - FY19 6/20/2019 3.0000% 2027 59,340 44,850 7,245 1,346 37,605 DICW Expansion -Non Taxable - Refunding 4/4/2016 2.9127% 2023 3,175,000 75,000 40,000 2,250 35,000 DICW Expansion - South Siegert Farm 3/19/2018 3.0464% 2026 239,534 158,498.00 29,793.00 4,822.00 128,705.00 DICW North Siegert Refunding 4/17/2017 3.0000% 2029 1,285,000 910,000 100,000 27,300 810,000 DICW Expansion Consult Refund 2012H 6/2/2021 2.0000% 2032 95,580 95,580 7,788 1,906 87,792 DICW Exp S Siegert Refundin 2012C Taxable 6/2/2021 2.0000% 2032 2,498,375 2,498,375 204,125 49,829 2,294,250 DICW Expansion - South Siegert Farm- Non-taxable 6/20/2019 3.0000% 2032 305,357 266,500 19,459 5,773 247,041 DICW Refund 2014C Taxable 6/2/2021 2.0000% 2034 1,145,000 1,145,000 75,000 22,836 1,070,000 DICWChavenelle Road - FY21 Non -Taxable 6/2/2021 2.0000% 2041 1,265,000 1,265,000 - 25,230 1,265,000 E911 Tower Relocation - Sales Tax 20% 6/20/2019 3.0000% 2027 141,869 109,520 16,638 4,936 92,882 Finance General Ledger Software - FY21 6/2/2021 2.0000% 2041 244,239 244,239 6,655 4,871 237,584 Tire Station #4Improvements -Gaming 6/20/2019 3.0000% 2027 188,054 134,140 30,454 9,035 103,686 Recreation ST20 10 Yr Refunding 2014B 6/2/2021 2.0000% 2025 51,545 51,545 12,695 1,029 38,850 AirportST2010YrRefunding 2014B 6/2/2021 2.0000% 2025 28,182 28,182 6,941 563 21,241 Building ST20 10 Yr Refunding 2014B 6/2/2021 2.0000% 2025 87,596 87,596 21,573 1,750 66,023 Transit ST20 10 Yr Refunding 2014B 6/2/2021 2.0000% 2025 11,407 11,407 2,809 228 8,598 Fire Station #2 ST20 10 yr Refund 2014E 6/2/2021 2.0000% 2025 91,227 91,227 22,467 1,822 68,760 Park Imp ST20 10 yr Refund 2014B 6/2/2021 2.0000% 2025 35,046 35,046 8,631 700 26,415 Fire Truck Refunding - Debt Service Levy 4/17/2017 3.0000%_ 2030 951,500 704,600 72,100 21,138 632,500 Fire Station #2 ST20 20 yr Refund 2014E 6/2/2021 2.0000% 2034 85,217 85,217 4,051 1,696 81,166 Park Imp ST20 20 yr Refund 2014B 6/2/2021 2.0000% 2034 124,780 124,780 5,932 2,483 118,848 Fire Ambulance Replacement 4/17/2017 3.0000% 2030 230,000 170,000 15,000 5,100 155,000 Fire Structural Repairs 5&6/Quick Pump - FY19 6/20/2019 3.0000% 2039 1 448,875 448,875 13,466 448,875 Fire Ladder/Pumper/ HVAC FY21 6/2/2021 2.0000% 2041 810,153 810,153 22,075 16,158 788,078 Fire Ladder & Pumper -FY22 Future 3.1500% 2042 1,582,154 - - 8,329 1,582,154 Franchise Fee Settlement Judgment Bond 4/4/2016 2.9326% 2035 2,830,000 2,175,000 135,000 62,206 2,040,000 GDTIF Kepharrs Building - Refunding 4/4/2016 2.9127% 2023 200,000 60,000 30,000 1,800 30,000 GDTIF Library Renovation - Refunding 4/4/2016 2.9127% 2023 1,275,000 395,000 195,000 11,850 200,000 GDTIF Colts Building Renovation 6/20/2019 3.0000% 2039 1,575,000 1,575,000 65,000 47,250 1,510,000 GDTIF - Parks Jackson/Clock Non -Taxable - FY21 6/2/2021 2.0000% 2041 535,000 535,000 - 10,670 535,000 GDTIF - DT Parking Ramp - FY21 6/2/2021 2.0000% 2036 880,167 880,167 - 17,554 880,167 GDTIF Eng Dock Expansion - FY21 6/2/2021 2.0000% 2036 409,833 409,833 - 8,174 409,833 GDTIF DT Parking Ramp - FY22 Future 3.1500% 2042 4,050,000 - - 21,321 4,050,000 GDTIF Docks/Prop Acquisition - FY22 Future 3.1500% 2042 1,300,0001 6,844 1,300,000 GDTIF Downtown Housing Refunding 4/17/2017 3.0000% 2030 2,120,000 1,605,000 150,000 50,755 1,455,000 GDTIF Millwork District Refunding 4/17/2017 3.0000% 2030 2,080,000 1,540,000 150,000 46,200 1,390,000 GDTIF - 7th St/2-Way Conversion 2012E Refunding 6/2/2021 2.0000% 2031 3,204,576 3,204,576 285,593 63,913 2,918,983 GDTIF -Intermodal2012ARefunding 6/2/2021 2.0000% 2031 2,545,000 2,545,000 225,000 50,759 2,320,000 GDTIF 5th St Restroom/MFC 2012H Refunding 6/2/2021 2.0000% 2032 1,254,420 1,254,420 102,212 25,019 1,152,208 GDTIF MCIC/ADA ED Refunding 2012F 6/2/2021 2.0000% 2031 140,000 140,000 140,000 2,792 - GDTIF Wash Neigh Refunding 2012C Taxable 6/2/2021 2.0000% 2032 493,592 493,592 40,328 9,844 453,264 GDTIF 2014C Taxable Refunding 6/2/2021 2.0000% 2034 5,385,000 5,385,000 360,000 107,401 5,025,000 GDTIF 2014B Refunding 6/2/2021 2.0000% 2034 155,000 155,000 10,000 3,091 145,000 Library Improvements - Sales Tax 20% 6/20/2019 3.0000% 2022 39,408 30,422 4,622 1,371 25,801 Library Improvements Sales Tax 20% Ref 2012E 6/2/2021 2.0000% 2027 1 84,526 84,526 13,740 1,,6881 70,786 Park Improvements - Gaming Refunding 2012E 6/2/2021 2.0000% 2022 1 44,400 44,400 22,200 8871 22,200 Date Average Yearof Amount Principal Principal Interest Principal Description of Interest Final of Outstanding Due Due Outstanding lee��e Ra}u P.vmnnf rAn/71 PY 7n77 Pv 7n77 R/an/77 Park Improvements Sales Tax 20 % Refunding 2012E 6/2/2021 2.0000% 2022 22,136 22,136 22,136 442 - Park Improvements - Sales Tax 20% 6/20/2019 3.0000% 2027 47,290 36,507 5,546 1,645 30,961 Park Water System Study Refunding 4/17/2017 3.0000% 2030 60,000 44,400 4,500 1,332 39,900 Park Ham House - Sales Tax 20 % 4/4/2016 2.7896% 2035 200,668 156,176 9,080 4,253 147,096 Park Skate Park (FY 19) 6/20/2019 3.0000% 2027 613,524 463,710.00 74,907.00 13,911.30 388,803.00 Parking Port of Dubuque Parking Ramp 3/19/2018 3.0464 % 2026 373,553 247,177.00 46,462.00 7,522.00 200,715.00 Parking Central Ave Ramp Refunding 4/17/2017 3.0000% 2030 6,380,000 4,550,000 505,000 136,500 4,045,000 Parking Iowa Street Ramp Improvements 3/19/2018 2.9050% 2031 45,516 36,594.00 3,117.00 1,066.68 33,477.00 Parking Locust Ramp Security Cameras 6/20/2019 3.0000% 2033 126,054 106,626 9,729.73 2,886.49 96,896 Parking Improvements Refunding 2014B 6/2/2021 2.0000% 2034 125,000 125,000 10,000 2,493 115,000 Parking Improvements Taxable Refunding 2014C 6/2/2021 2.0000% 2034 220,000 220,000 15,000 4,388 205,000 Police Software Replacement - Refunding 2012E 6/2/2021 2.0000% 2032 75,600 75,600 37,800 1,510 37,800 Police CAD Software - Gaming Refunding 2014B 6/2/2021 2.0000% 2030 160,000 160,000 15,000 3,191 145,000 Public Works Equipment ST30 Refund 2014E 6/2/2021 2.0000% 2022 45,000 45,000 45,000 899 - Public Works Equip Refunding 4/17/2017 3.0000% 2030 392,000 290,200 29,700 8,706 260,500 Public Works Radio Replacement - FY18 3/19/2018 2.9077 % 2028 110,000 77,802 10,732 2,227 67,070 PW Curb Ramp/Engineering Street Improv Ref 2014E 6/2/2021 2.0000% 2034 885,000 885,000 55,000 17,650 830,000 Recreation Improvements - Sales Tax 20 % 6/20/2019 3.0000% 2022 4,082 1,362 1,362 404 (0) Recreation Improvements ST20 10 yr refund 2014B 6/2/2021 2.0000% 2025 51,545 51,545 12,695 1,029 38,850 Rec Improvements Sales Tax 20 % Refunding 2012E 6/2/2021 2.0000% 2028 7,572 7,572 1,050 151 6,522 Sanitary Improvements Refunding 4/17/2017 3.0000% 2030 660,000 490,000 50,000 14,700 440,000 Sanitary Sewer improvements 3/19/2018 2.9050% 2031 1,030,009 828,132.00 70,548.00 24,138.00 757,584.00 Sanitary Forcemain Refunding 2012E 6/2/2021 2.0000% 2032 376,122 376,122 34,096 7,501 342,026 Sanitary Sewer Improvements 6/20/2019 3.0000% 2033 1,124,412 978,699 77,838 23,092 900,861 Sanitary Sewer Improvements Refunding 2014B 6/2/2021 2.0000% 2034 4,390,000 4,390,000 300,000 87,556 4,090,000 Sanitary Sewer Improvements 4/4/2016 2.7896% 2035 2,405,000 1,875,000 115,000 51,006 1,760,000 Solid Waste Collection Refunding 4/17/2017 3.0000% 2030 51,300 38,000 3,900 1,140 34,100 Solid Waste Collection 3/19/2018 2.9050% 2031 27,447 22,068.00 1,880.00 644.00 20,188.00 Solid Waste Collection - FY22 Future 3.1500 % 2042 175,000 921 175,000 Stormwater Refunding 4/4/2016 2.9127% 2028 6,270,000 3,040,000 640,000 91,200 2,400,000 Stormwater Sales Tax Revenue - GO 5/19/2014 3.2309% 2029 7,190,000 7,190,000 323,100 7,190,000 Stormwaterimprovements Refunding 4/17/2017 3.0000% 2030 2,015,000 1,475,000 155,000 44,250 1,320,000 Stormwater Improvements 3/19/2018 2.9050% 2031 1,714,542 1,378,499.00 117,434.00 40,180.00 1,261,065.00 Stormwater Improvements Refunding 2012B 6/2/2021 2.0000% 2031 1,115,424 1,115,424 99,407 22,247 1,016,017 Stormwater Improvements Refunding 2012E 6/2/2021 2.0000% 2032 77,131 77,131 6,992 1,538 70,139 Stormwater Improvements 6/20/2019 3.0000% 2033 290,796 251,939 19,459 5,773 232,480 Stormwater Upper Bee Branch & Sponsor SRF GO 4/30/2021 2.0000% 2037 20,426,262 20,426,262 1,176,000 298,469 19,781,398 Streetlight Replacement Refunding - ST 4/17/2017 3.0000% 2030 4,900 3,700 400 ill 3,300 Street FEMA Land Buyout - Gaming 6/20/2019 3.0000% 2027 64,901 50,815 8,465 2,511 42,351 Street Fiber/Sidewalk/Lights Refunding RUT 4/17/2017 3.0000% 2030 258,600 191,600 19,600 5,748 172,000 Street Southwest Arterial 3/19/2018 2.9050% 2031 771,557 620,336.00 52,846.00 18,082.00 567,490.00 Street Southwest Arterial - Refunding 2012E 6/2/2021 2.0000% 2032 1 827,747 827,747 48,467 16,5041 779,280 Transit Radio Replacement- FY18 3/19/2018 2.9077% 2028 95,000 67,196 9,268 1,923 57,928 Transit Midtown Transfer -FY19 6/20/2019 3.0000% 2039 216,125 216,125 6,484 216,125 Transit Vehicle Replacement- FY21 6/2/2021 2.0000% 2041 780,609 780,609 21,270 15,569 759,339 Water System Improvements 3/19/2018 2.9050% 2031 1,155,930 929,373.00 79,173.00 27,090.00 850,200.00 Water Improv Refunding 2012E 6/2/2021 2.0000% 2032 369,768 369,768 33,520 7,374 336,248 Water System Improvements 6/20/2019 3.0000% 2033 1,323,107 1,153,1061 92,4321 27,422 1,060,674 Water System Improvements Refunding 2014B 6/2/2021 2.0000% 2034 7,470,000 7,470,0001 510,000 148,985 6,960,000 Water System Improvements 4/4/2016 2.7896% 2035 635,000 495,000 30,000 13,488 465,000 Total General Obligation Bonds 123,310,864 100,502,810 7,718,694 2,424,919 100,422,407 Tax Increment Port of Dubuque Parking Ramp (GDTIF) 10/16/2007 7.5000 % 2037 23,025,000 18,395,000 635,000 1,379,625 17,760,000 Total Tax Increment Bonds 1 23,025,000 18,395,000 635,000 1,379,625 17,760,000 40 Main (GDTIF) 8/6/2009 2020 690,529 46,030 46,030 2,855 - Total Tax Increment Notes 690,529 46,030 46,030 2,855 - Total Tax Increment 23,715,529 r 18,441,030 681,030 1,382,480 17,760,000 Tax Increment Economic Development TIF Rebate Agreements Medline (DICW) 11/19/2007 Rebate 2019 1,600,279 - 150,680 - 150,680 Hodge (DICW) 4/6/2020 Rebate 2035 32,795 32,795 31,111 - 31,111 Faley Properties (DICW) 2/7/2011 Rebate 2022 904,638 101,121 101,121 - - Date Average Yearof Amount Principal Principal Interest Principal Description of Interest Final of Outstanding Due Due Outstanding lee��n Rain P.-M lec„n R/3n/71 FV 7n77 Fv 7n77 R/an/77 Green Industrial Supply (DICW) 8/15/2011 Rebate 2023 2,908,812 337,4621 168,731 - 168,731 Tri-State Quality Metals (DICW) Non -Appropriation 3/17/2014 Rebate 2026 32,510 59,452 59,452 - 59,452 Roasting Solutions (DICW) Non -Appropriation 1/14/2016 Rebate 2028 33,666 51,351 51,351 - 51,351 Rite Hite(DICW) Non -Appropriation 1/14/2017 Rebate 2030 24,190 72,555 76,210 - 72,555 Hormel Foods (DICW)(100% 2021/40% 2026) 4/21/2008 Rebate 2026 8,250,067 3,168,920 633,784 - 2,535,136 Victory Cafe 756 Main St. (GDTIF) 6/21/2010 Rebate 2022 87,053 6,341 6,341 - - Flexsteel(GDTIF) 4/18/2011 Rebate 2024 1 2,020,572 563,862 187,954 - 375,908 The Rose (Lake Ridge) 9/26/2011 Rebate 2024 136,014 53,445 17,815 - 35,630 Linseed Oil (GDTIF) Multi -Res 3/7/2013 Rebate 2030 576,504 146,720 18,340 - 128,380 Rousselot (GDTIF) (Non -Appropriation) 1/22/2013 Rebate 2025 4,931 13,243 13,243 - 13,243 METX- Lamar Building (GDTIF)(Non-Appropriation) 10/12/2017 Rebate 2031 75,660 71,982 71,982 - 71,982 Marquette Hall (Non -Appropriation) 5/20/2019 Rebate 2031 9,170 8,690 8,690 - 8,690 3 Amigos (Non -Appropriation) 4/15/2019 Rebate 2031 2,516 2,306 2,306 - 2,306 210 Jones (Non -Appropriation) 6/19/2017 Rebate 2031 10,348 9,739 9,739 - 9,739 Dimensional Brewing (Non -Appropriation) 8/6/2018 Rebate 2023 10,678 10,055 10,055 - 10,055 Prairie Farms Dairy (Non -Appropriation) 3/18/2019 Rebate 2031 5,626 5,347 5,347 - 5,347 Julien Hotel(GDTIF) 4/21/2008 Rebate 2026 3,260,286 1,065,385 213,077 - 852,308 44 Main (GDTIF) Multi -Res 10/18/2010 Rebate 1 2027 446,7991 147,378 24,563 - 122,815 Barker Financial (GDTIF) Multi -Res 8/16/2010 Rebate 2027 297,282 56,487 15,525 - 40,962 253 Main St. (GDTIF) (Non -Appropriation) 4/6/2015 Rebate 2027 5,798 3,226 3,226 - 2,223 Spahn and Rose (GDTIF)(Non-Appropriation) 4/21/2014 Rebate 2027 108,221 101,325 101,325 - 101,325 Franklin Investment -Multires (GDTIF) 4/4/2011 Rebate 2028 437,225 156,760 31,405 - 125,355 Plastic Center Betty Jane Block (GDTIF) 2/7/2011 Rebate 2028 148,957 33,003 8,268 - 24,735 Caradco (GDTIF) Multi -Res 3/21/2011 Rebate 2028 1,499,442 677,024 114,116 - 562,908 Bonson 356 Main St. (GDTIF) Multi -Res 12/19/2011 Rebate 2028 152,286 39,549 8,320 - 31,229 Roshek Building (GDTIF) (Non -Appropriation) 2/17/2009 Rebate 2030 5,149,852 282,250 282,250 - 282,250 Novelty Iron Works (GDTIF) (Non-Approp)Multi-Res 6/17/2013 Rebate 2031 33,105 165,397 165,397 - 156,208 Smokestack (GDTIF) (Non-Approp) 6/17/2018 Rebate 2022 1,623 746 746 - - Rockfarm Holdings (TECH) Non -Appropriation 10/7/2014 Rebate 2027 42,301 39,184 39,184 39,184 Total TIF Rebates 28,309,206 7,483,100 2,631,654 - 6,071,798 General Funded Leases Various Various On -going 194,160 155,000 100,000 Other Loans - Revenue Backed Bowling & Beyond Lease Buyout (GDTIF) 10/15/2012 Lease Buyout 2032 1,000,000 550,000 50,000 - 500,000 Iowa Finance Authority Loan - Caradco 12/1/2010 3.0000 % 2030 4,500,000 3,198,363 224,974 93,958 2,973,389 Total Other Lns-Rev Backed 5,500,000 3,748,363 274,974 93,9581 3,473,389 Total City Indebtedness Subject to Debt Limit 181,029,759 111,334,110 1 11,306,352 3,901,356 109,522,364 Revenue Bonds Parking Bricktown Parking Lot 7/21/2008 5.00% 2023 400,000 88,787 34,205 4,017 54,582 Sanitary Northfork Catfish Improvements SRF 1/13/2010 3.25% 2031 912,000 483,000 47,000 15,697 436,000 Sanitary Water& Resource Recovery Upgrade SRF 8/18/2010 3.25% 2039 74,285,000 55,423,000 2,588,000 1,108,459 52,835,000 Sanitary WRRC Cogeneration SRF 5/17/2013 2.00% 2033 3,048,000 1,972,000 147,000 39,440 1,825,000 Sanitary Kerper Boulevard & Sponsor SRF 3/8/2019 1.00 % 2038 2,763,000 2,285,537 125,000 22,905 2,275,907 Sanitary Projects Planning - FY21 SRF Future 2.0000% 2043 1,480,000 14,482 - - 1,480,000 Sanitary Projects -FY22 Future 2.0000% 2042 1,231,000 1,231,000 Sanitary Projects- FY22 Future 2.0000% 2042 5,170,303 - 17,282 5,170,303 Stormwater Lower Bee Branch Restoration SRF 10/27/2010 3.25% 2041 7,850,000 6,013,000 218,000 195,422 5,795,000 Stormwater Lower Bee Branch SRF- Estimated 9/1/2014 2.00% 2034 1,029,000 217,000 16,000 4,340 201,000 Stormwater Northfork Catfish Improv. SRF 1/13/2010 3.25% 2031 800,000 423,000 41,000 13,748 382,000 Stormwater Sales Tax Increment Revenue Bond 6/15/2015 3.72% 2031 20,800,000 20,800,000 - 762,650 20,800,000 Stormwater Upper Bee Branch RR SRF 6/7/2019 2.00% 2040 16,382,000 12,154,573 688,000 305,951 15,020,000 Stormwater West 32nd Detention Basin SRF 1/14/2009 3.25% 2028 1,847,000 778,000 101,000 25,285 677,000 Water Roosevelt Water Tower SRF 8/9/2019 2.00% 2040 4,400,000 4,214,000 185,000 84,381 4,034,000 Water CIWA Purchase & Improvements 7/7/2017 2.00% 2036 10,198,000 6,546,761 501,000 172,920 7,075,761 Water- CIWA Contract Purchase 12/28/2016 3.00% 2022 51000,000 1,000,000 1,000,000 30,000 - Water -Clear Well Reservoirs SRF 10/18/2007 1 3.25% 1 2028 1 915,0001 387,0001 50,0001 7,7391 337,000 Date Average Yearof Amount Principal Principal Interest Principal Description of Interest Final of Outstanding Due Due Outstanding lee„n Rafn P.vmnnf Rl'int?i FV 2n,, FV 7n77 FUM127 Water Meter Change Out Program SRF 2/12/2010 3.25% 2031 6,394,000 3,674,0001 317,000 119,502 3,357,000 Water System Improvements & Ext. 11/4/2008 4.71 % 2023 1,195,000 215,000 105,000 10,698 110,000 Water System Improvements & Ext. 8/16/2010 3.54 % 2030 5,700,000 3,610,000 250,000 137,250 3,360,000 Total Revenue Bonds 171,799,303 120,299,140 6,413,205 3,077,686 126,456,553 Total City Indebtedness 352,829,062 250,585,043 17,719,557 6,979,042 254,284,147 Statutory Debt Limit 239,298,248 241,616,084 of Debt Limit Used 46.53 % 45.33 Remaining Debt Capacity 127,964,138 132,093,720 ATTACHMENT D DUBUQUE INDUSTRIAL CENTER ECONOMIC DEVELOPMENT DISTRICT (2022.3) Updated July 8, 2022 LEGAL DESCRIPTION: Subarea A of the District consists of the real property legally described as follows: ■ All of Dubuque Industrial Center Eighth Addition; and ■ All of Lot 1 Dubuque Industrial Center 13th Addition; and ■ Lot 2 Dubuque Industrial Center 13th Addition; and ■ Lot 1-2-2 Dubuque Industrial Center Fifth Addition; and ■ Lot 1 Dubuque Industrial Center Fifth Addition; and ■ Lot 1 Dubuque Industrial Center 11th Addition; and ■ Lot 1 of 2 of Dubuque Industrial Center Fifth Addition; and ■ Lot 1 of 2 of Dubuque Industrial Center Fifth Addition; and ■ Lot 1-3 Dubuque Industrial Center 12th Addition; and ■ Lot 1 of lot 3 of final plat of lot 1 of Dubuque Industrial Center First Addition; and ■ Lot 1 Dubuque Industrial Center 10th Addition; and ■ Lot 2-3 Dubuque Industrial Center 12th Addition; and ■ Lots 1 & 2 of final plat of lot 1 of Dubuque Industrial Center First Addition; and ■ Lot 1 Dubuque Industrial Center 12th Addition; and ■ Lot 2 Dubuque Industrial Center Ninth Addition; and ■ Lot 2 Dubuque Industrial Center 12th Addition; and ■ Lot 2-2 Dubuque Industrial Center Sixth Addition; and ■ Lot 3 Dubuque Industrial Center Ninth Addition; and ■ Lot 1 Dubuque Industrial Center Sixth Addition; and ■ Lot 2 of 2 Dubuque Industrial Center 7th Addition; and ■ Lot 2-1 Walter Addition; and ■ Lot 2-1 Walter Addition; and ■ And all adjoining public right-of-way, all in the City of Dubuque, Dubuque County, Iowa. Subarea B of the District consists of the real property legally described as follows: ■ Lots 1, 3, 4, 1 of 5, 6 and H of Dubuque Industrial Center West as originally platted; and ■ Lots 1, 2, 3, 4, 5, 6, 7, 8, and C of Dubuque Industrial Center West 2nd Addition as originally platted; and ■ Lots 1, 2, 3, 4, B, and C of Dubuque Industrial Center West 4th Addition as originally platted; and ■ Lots 1 of 1, 1 of 2, 2 of 2, 1 of 3, 2 of 3, A, C, and D of Dubuque Industrial Center West 5th Addition as originally platted; and ■ Lot 1 and Lot A of Dubuque Industrial Center West 6th Addition as originally platted; and ■ Lots 1, 1 of 2, and 2 of 2 of Dubuque Industrial Center West 7th Addition as originally platted; and ■ Lot 2 of 1 of the Southwest Quarter of the Southwest Quarter and Lot 2 of 1 of the Southeast Quarter of the Southwest Quarter all in Section 30, Township 89 North, Range 2 East, 5th Principal Meridian as originally platted; and ■ and all that part of a 100-foot-wide strip of the Chicago Central Pacific Railroad right-of- way lying in the SE 1/4 of Section 30, the SE 1/4 of the SW 1/4 of Section 30, the NW 1/4 of Section 31, and the NE 1/4 of Section 31 all in T89N, R2E, of the 5th P.M. Dubuque County, Iowa, the centerline of which is more particularly described as follows: beginning at a point of intersection with the easterly line of the SE 1/4 of Section 30, T89N, R2E, of the 5th P.M., thence southwesterly along the centerline of said railroad 2,700 feet, more or less a point of intersection with the westerly line of the SE 1/4 of said Section 30; thence southwesterly continuing along said centerline 845 feet, more or less, to a point where the railroad right-of-way widens to 200 feet, said point being the terminus of this description; and ■ all that part of a 100-foot-wide strip of the Chicago Central Pacific Railroad right-of-way lying in the Balance of Lot 1 of 1 of the Southwest Quarter of the Southwest Quarter in Section 29, Township 89 North, Range 2 East, 5th Principal Meridian; and ■ any adjoining public street right-of-way all in the City of Dubuque, Dubuque County, Iowa. Subarea C of the District consists of the real property legally described as follows: ■ Lot 1 of Dubuque Industrial Center North Second Addition; and ■ Lots 2 of Dubuque Industrial Center North First Addition; and ■ Lot 3 of Dubuque Industrial Center North First Addition, excepting the following part of said Lot 3: ■ Part Lot 3 in the Dubuque Industrial Center North First Addition in the City of Dubuque, Dubuque County, Iowa, Except Lot 'A' of Lot 3 in Dubuque Industrial Center North First Addition in the City of Dubuque, Dubuque County, Iowa, described as follows: Commencing at the southeast corner of said Lot 3; thence N00°36'04"W, 364.16 feet along the east line of said Lot 3; thence S89°24'16"W, 502.28 feet along the outside face of the south wall of the existing building to the point of beginning; thence S00035'44"E, ■ 37.00 feet; thence S89°24'16"W, 210.00 feet; thence N00°35'44"W, 362.00 feet; thence N89°24'16"E, 255.00 feet to the northerly extension of the outside face of the west wall of the existing building; then S00°35'44"E, 357.00 feet along said face of the west wall of the southwest corner of the existing building; thence N89°24'16"E, 125.00 feet along the face of the south wall of the existing building to the point of beginning, containing 2.258 acres.; and ■ C of Dubuque Industrial Center North First Addition, excepting the following part of said Lot C: Commencing at the northwest corner of Lot 1 in Dubuque Industrial Center North Second Addition in the City of Dubuque, Iowa; Thence North 87 degrees 35 minutes 13 seconds East along the north line of said Lot 1, 65.47 feet to the Point of Beginning; Thence North 87 degrees 35 minutes 13 seconds East continuing along said north line of Lot 1, 467.29 feet; Thence South 82 degrees 04 minutes 06 seconds East continuing along said north line of Lot 1, 212.63 feet; Thence North 19 degrees 12 minutes 36 seconds East, 433.37 feet, to a point on the easterly line of Lot 2 in Dubuque Industrial Center North Third Addition in the City of Dubuque, Iowa; Thence North 90 degrees 00 minutes 00 seconds West, 231.12 feet; Thence North 60 degrees 11 minutes 47 seconds West, 280.07 feet; Thence North 51 degrees 38 minutes 25 seconds West, 318.12 feet; Thence South 57 degrees 28 minutes 14 seconds West, 86.87 feet; Thence South 18 degrees 59 minutes 51 seconds East, 140.84 feet; Thence South 51 degrees 57 minutes 52 seconds East, 101.08 feet; Thence South 01 degree 57 minutes 06 seconds East, 108.09 feet; Thence South 33 degrees 59 minutes 54 seconds East, 90.10 feet; Thence South 44 degrees 57 minutes 34 seconds East, 130.53 feet; Thence South 12 degrees 19 minutes 12 seconds West, 171.97 feet; Thence South 87 degrees 35 minutes 13 seconds West, 260.33 feet; Thence South 02 degrees 35 minutes 19 seconds East, 40.00 feet, to the Point of Beginning, said part of Lot C contains 6.59 acres, more or less. ■ Lot A of Dubuque Industrial Center North First Addition, excepting that Part of said Lot A originally platted as Lot 2 of the SW % of the NW % of Sec. 30, T89N, R2E of the 5th PM; and ■ Any adjoining public street right-of-way, all in the City of Dubuque, Dubuque County, Iowa. Subarea D of the District consists of the real property legally described as follows: ■ Lots 1, 2, and B and all of the right of way of Chavenelle Court in Dubuque Industrial Center West 8th Addition in the City of Dubuque, Dubuque County, Iowa. Subarea E of the District consists of the real property legally described as follows: ■ All of Lot 1 of 1 and Lot 1 of 2 of the South Fork Subdivision No. 1 as originally platted, including any adjoining public street right-of-way to said lots, all in the City of Dubuque, Dubuque County, Iowa, and; ■ All of Seippel Road right of way from the north boundary line of Lot 1 of 1 of South Fork Subdivision No. 1 in the City of Dubuque, to the south boundary lines of Lot H of Dubuque Industrial Center West and Lot 1 of Dubuque Industrial Center West 2nd Addition in the City of Dubuque, Dubuque County, Iowa, including crossings at the intersections of Old Highway Road and Chicago Central & Pacific Railroad rights -of -way. Subarea F of the District consists of the real property legally described as follows: ■ Lot one (1) of Graf Farm Subdivision #2, Dubuque County, Iowa, according to the recorded plat thereof; ■ Lot 1 of Lot 1 of Lot 1 of Lot 1 of West One-half of Northeast One -quarter, Section 25, Township 89 North , Range 1 East of the 5th Principal Meridian, in Center Township , Dubuque County, Iowa; ■ Lot 2 in "W.A. Norman Place" in Section 25, Center Township, Dubuque County, Iowa, according to the plat thereof; and ■ The NW 1/4 of the SE 1/4 of Section 25, Township 89 North, Range 1 East of the 5th P.M., in Center Township, Dubuque County, Iowa. Subarea G of the District consists of the real property legally described as follows: ■ The South one-half of the Northwest Quarter of Section 29, Township 89 North, Range 2 East of the 5th Principal Meridian, in the City of Dubuque, Iowa. ■ Lot 1 of Lot 1 of the Northwest Quarter of the Northwest Quarter of Section 29, Township 89 North, Range 2 East of the 51" Principal Meridian, in the City of Dubuque, Iowa. ■ Lot 2 of McFadden Farm Place #2, in the City of Dubuque, Iowa. ■ Lot 2 of McFadden Farm Place, in the City of Dubuque, Iowa. ■ Lot A of Lot 1 of 1 of the Southwest Quarter of the Southwest Quarter of Section 29, Township 89 North, Range 2 East of the 5t" Principal Meridian, in the City of Dubuque, Iowa. ■ Lot A of Lot 1 of 1 of the Northwest Quarter of the Southwest Quarter of Section 29, Township 89 North, Range 2 East of the 5th Principal Meridian, in the City of Dubuque, Iowa. ■ All in the City of Dubuque, Dubuque County, Iowa. Subarea H of the District consists of the real property legally described as follows: ■ Lot 1 of the Northeast % of the Northeast %, and Lot 2 of Lot 1 of Lot 1 of Lot 2 of the Northeast % of the Northeast %, of Section 30, in Township 89 North, Range 2 East of the 5th Principal Meridian, in the City of Dubuque, Iowa. Subarea I of the District consists of the real property legally described as follows: ■ Lot 2 Seippel Road Place #2, Dubuque County, Iowa. Lot 2-1-1 of the Southeast Quarter of the Southeast Quarter of Section 25, Township 89 North, Range 2 East of the 5th Principal Meridian, Dubuque County, Iowa Subarea J of the District consists of the real property legally described as follows: ■ Lot 2 Julien Care Place, Dubuque County, Iowa. ■ Lot 3 Julien Care Place, Dubuque County, Iowa ■ Lot 2-1 Julien Care Place, Dubuque County, Iowa Subarea K of the District consists of the real property legally described as follows: ■ Lot 1 of Dubuque Industrial Center North Third Addition, in the City of Dubuque, Iowa. Subarea L of the District shall include the following described properties: ■ Lot 1 of Loretta Bahl's Homestead, in the City of Dubuque, Iowa, comprised of Lot 1 of the West 30 Acres of the Southwest % of the Southeast %, Section 19, Township 89 North, Range 2 East of the 5th P.M. Subarea M of the District shall include the following described properties: ■ Lot 2 of the Subdivision of Lot 2 of the Northeast % of the Northeast % of Section 30, Township 89 North, Range 2 East of the 5th P.M. Subarea N of the District shall include the following described properties: ■ Lot 1 of Dubuque Industrial Center North First Addition, in the City of Dubuque, Iowa; and ■ All of the street right of way of Innovation Drive adjacent to Lot 1 of Dubuque Industrial Center North First Addition, in the City of Dubuque, Iowa. Subarea O of the District shall include the following described properties: ■ Lot 2 of Dubuque Industrial Center North Third Addition, in the City of Dubuque, Iowa; and ■ A Part of Lot C in Dubuque Industrial Center North First Addition in the City of Dubuque, Iowa, being more particularly described as follows: ■ Commencing at the northwest corner of Lot 1 in Dubuque Industrial Center North Second Addition in the City of Dubuque, Iowa; ■ Thence North 87 degrees 35 minutes 13 seconds East along the north line of said Lot 1, 65.47 feet to the Point of Beginning; ■ Thence North 87 degrees 35 minutes 13 seconds East continuing along said north line of Lot 1, 467.29 feet; ■ Thence South 82 degrees 04 minutes 06 seconds East continuing along said north line of Lot 1, 212.63 feet; ■ Thence North 19 degrees 12 minutes 36 seconds East, 433.37 feet, to a point on the easterly line of Lot 2 in Dubuque Industrial Center North Third Addition in the City of Dubuque, Iowa; ■ Thence North 90 degrees 00 minutes 00 seconds West, 231.12 feet; ■ Thence North 60 degrees 11 minutes 47 seconds West, 280.07 feet; ■ Thence North 51 degrees 38 minutes 25 seconds West, 318.12 feet; ■ Thence South 57 degrees 28 minutes 14 seconds West, 86.87 feet; ■ Thence South 18 degrees 59 minutes 51 seconds East, 140.84 feet; ■ Thence South 51 degrees 57 minutes 52 seconds East, 101.08 feet; ■ Thence South 01 degree 57 minutes 06 seconds East, 108.09 feet; ■ Thence South 33 degrees 59 minutes 54 seconds East, 90.10 feet; ■ Thence South 44 degrees 57 minutes 34 seconds East, 130.53 feet; ■ Thence South 12 degrees 19 minutes 12 seconds West, 171.97 feet; ■ Thence South 87 degrees 35 minutes 13 seconds West, 260.33 feet; ■ Thence South 02 degrees 35 minutes 19 seconds East, 40.00 feet, to the Point of Beginning, said part of Lot C contains 6.59 acres, more or less. ■ All in the City of Dubuque, Iowa Subarea P of the District shall include the following described properties: ■ Lot 2 of Wertzberger Acres No. 3, in Table Mound Township, Dubuque County, Iowa, according to the recorded Plat thereof; and ■ The Southwest 1/4 of the Northeast 1/4, Lot 1 of the Northwest 1/4 of the Northeast 1/4, Lot 1 of Lot 1 of the Northeast 1/4 of the Northeast 1/4, and Lot 2 of the Southeast 1/4 of the Northeast 1/4, in Section 14, Township 88 North, Range 2 East of the 5th P.M., in Dubuque County, Iowa, according to United States Government Survey and the recorded Plats thereof, excepting therefrom that land acquired for highway right of way by the Iowa Department of Transportation known as Lot A of Lot 1 of the Northwest 1/4 of the Northeast 1/4 and of Lot 1 of Lot 1 of the Northeast 1/4 of the Northeast 1/4 and of Lot 2 of the Southeast 1/4 of the Northeast 1/4, all in Section 14, Township 88 North, Range 2 East of the 5th P.M., County of Dubuque, State of Iowa, containing 11.95 acres and as shown and described in the Warranty Deed filed as Instrument Number 2010- 00003964 in the Dubuque County Recorder's Office, and excepting therefrom that land acquired for highway right of way by the Iowa Department of Transportation known as Lot B of Lot 1 of Lot 1 of the Northeast 1/4 of the Northeast 1/4 and of Lot 2 of the Southeast 1/4 of the Northeast 1/4, all in Section 14, Township 88 North, Range 2 East of the 5th P.M., County of Dubuque, State of Iowa, containing 0.62 acres and as shown and described in the Warranty Deed filed as Instrument Number 2011-00011776 in the Dubuque County Recorder's Office; and ■ All that land acquired for highway right of way by the Iowa Department of Transportation known as Lot A of Lot 1 of the Northwest 1/4 of the Northeast 1/4 and of Lot 1 of Lot 1 of the Northeast 1/4 of the Northeast 1/4 and of Lot 2 of the Southeast 1/4 of the Northeast 1/4, all in Section 14, Township 88 North, Range 2 East of the 5th P.M., County of Dubuque, State of Iowa, containing 11.95 acres and as shown and described in the warranty deed filed as instrument number 2010-00003964 in the Dubuque County Recorder's Office, and ■ All that land acquired for highway right of way by the Iowa Department of Transportation known as Lot B of Lot 1 of Lot 1 of the Northeast 1/4 of the Northeast 1/4 and of Lot 2 of the Southeast 1/4 of the Northeast 1/4, all in Section 14, Township 88 North, Range 2 East of the 5th P.M., County of Dubuque, State of Iowa, containing 0.62 acres and as shown and described in the warranty deed filed as instrument number 2011-00011776 in the Dubuque County Recorder's Office; and ■ All that land acquired for highway right of way by the Iowa Department of Transportation known as Lot A of Lot 2 of the Southwest 1/4 of the Northwest 1/4, all in Section 13, Township 88 North, Range 2 East of the 5th P.M., County of Dubuque, State of Iowa, containing 7.50 acres and as shown and described in the warranty deed filed as instrument number 2010-00007163 in the Dubuque County Recorder's Office; and ■ A part of that land acquired for highway right of way by the Iowa Department of Transportation known as Lot A of Lot 2 of 3 of Archdiocese Place No. 2 at Key West in Section 11, Township 88 North, Range 2 East of the 5t" P.M., County of Dubuque and of Lot 2 of the Northwest 1/4 of the Northeast 1/4 and of Lot 2 of 1 of the Northeast 1/4 of the Northeast 1/4 and of Lot 1 of the Southeast Quarter of the Northeast Quarter, all in Section 14, Township 88 North, Range 2 East of the 5th P.M., County of Dubuque, State of Iowa, containing 51.12 acres and as shown and described in the warranty deed filed as instrument number 2011-00018392 in the Dubuque County Recorder's Office, more particularly described as follows: ■ Commencing at the east 1/4 corner of said section 14; thence south 87° (degrees) 30' (minutes) 08" (seconds) west (assumed bearing for the purpose of this description) on the south line of the northeast 1/4 of said section 14, a distance of 316.67 feet to the southeast corner of said lot 1 of the southeast 1/4 of the northeast 1/4 which is on the present northwesterly right-of-way line of u.s. highway 61, being the point of beginning of the area herein described; thence continuing south 87°30'08" west on said south line, also being the south line of said lot 1 of the southeast 1/4 of the northeast 1/4, a distance of 744.37 feet to the west line of said lot 1 of the southeast 1/4 of the northeast 1/4; thence north 01°46'59" west on said west line, 365.46 feet; thence north 02°36'29" west on said west line, 258.32 feet to the northwesterly line of said lot 1 of the southeast 1/4 of the northeast 1/4; thence north 15°33'01" east on said northwesterly line, 189.90 feet; thence north 20°16'31" east on said northwesterly line, 100.25 feet; thence north 31°16'30" east on said northwesterly line, 371.74 feet; thence north 51°35'55" east on said northwesterly line, 46.89 feet; thence north 26°34'03" east on said northwesterly line, 112.65 feet to the northwest corner of said lot 1 of the southeast 1/4 of the northeast 1/4, also being the southwest corner of said lot 2 of 1 of the northeast 1/4 of the northeast 1/4; thence north 35°25'51" east on the westerly and southwesterly line of said lot 2 of 1 of the northeast 1/4 of the northeast 1/4, a distance of 200.90 feet; thence north 01°11'53" west on said westerly and southwesterly line, 284.09 feet; thence north 51036'20" west on said westerly and southwesterly line, 173.35 feet; thence south 73041'30" east a distance of 115.82 feet; thence south 48°36'34" east on the northeasterly line of said lot 2 of 1 of the northeast 1/4 of the northeast 1/4, 759.07 feet to the southeast corner of said lot 2 of 1 of the northeast 1/4 of the northeast 1/4, also being the northeast corner of said lot 1 of the southeast 1/4 of the northeast 1/4; thence south 02°41'19" east on the easterly line of said lot 1 of the southeast 1/4 of the northeast 1/4, a distance of 954.91 feet to the present northwesterly right-of-way line of u.s. highway 61; thence south 38000'39" west on said northwesterly right-of-way line, 485.62 feet to the point of beginning, containing 31.49 acres, more or less; and ■ An 80-foot-wide strip of land in the Southeast Half of Section 31, Township 89 North, Range 2 East, The Southwest Quarter of Section 32, Township 89 North, Range 2 East, the North Half of Section 5, Township 88 North, Range 2 East, the Northwest, Northeast, and Southeast Quarters of Section 4, Township 88 North, Range 2 East, the South Half of Section 3, Township 88 North, Range 2 East, the Southwest Quarter of Section 2, Township 88 North, Range 2 East, the Northwest, Northeast, and Southeast Quarters of Section 11, Township 88 North, Range 2 East, and the Northeast Quarter of Section 14, Township 88 North, Range 2 East, of the Fifth Principal Meridian, centered on the following described line: ■ Commencing at the Southeast Corner of Lot B, Dubuque Industrial Center South First Addition, in the City of Dubuque, Dubuque County, Iowa (Record Doc. #2014-1397), at the Northerly Right -of -Way of Seippel Road; thence South 35044'18" East (Record North 35°52'10" West) along the East Line of said First Addition, 11.13 feet; thence South 10°51'45" East, 40.00 feet to the centerline of Seippel Road, the Point of Beginning; thence North 79°08'15" East along said centerline, 1004.09 feet; thence Easterly along the centerline of U. S. Highway 52 and the extension thereof an arc length of 880.50 feet along a 1,200.00 foot radius curve being concave southerly, having a long chord of South 79°50'32" East, 860.88 feet; thence South 58°49'18" East along said centerline of U. S. Highway 52, 2,489.33 feet; thence Southeasterly along said centerline of U. S. Highway 52 an arc length of 3,363.36 feet along a 12,000.00 foot radius curve being concave Northeasterly, having a long chord of South 66051'04" East, 3,352.36 feet; thence South 74052'50" East along said centerline of U. S. Highway 52, 1318.07 feet; thence Southeasterly along said centerline of U. S. Highway 52 an arc length of 1,569.39 feet along a 12,000.00 foot radius curve being concave Southwesterly, having a long chord of South 71108'02" East, 1,568.27 feet; thence South 67°23'15" East along said centerline of U. S. Highway 52, 1093.39 feet; thence Southeasterly along said centerline of U. S. Highway 52 an arc length of 1,414.18 feet along a 23,000.00 foot radius curve being concave Southwesterly, having a long chord of South 65°37'33" East, 1,413.95 feet; thence South 63°51'52" East along said centerline of U. S. Highway 52, 947.44 feet; thence Southeasterly along said centerline of U. S. Highway 52 an arc length of 1,134.73 feet along a 8,000.00 foot radius curve being concave Northeasterly, having a long chord of South 67055'41" East, 1,133.78 feet; thence South 71059'29" East along said centerline of U. S. Highway 52, 3,507.89 feet; thence Southeasterly along said centerline of U. S. Highway 52 an arc length of 7,787.63 feet along a 7,500.00 foot radius curve being concave Southwesterly, having a long chord of South 42014'42" East, 7,442.46 feet; thence South 12°29'54" East along said centerline of U. S. Highway 52, 750.54 feet; thence Southeasterly along said centerline of U. S. Highway 52 an arc length of 449.54 feet along a 4,000.00foot radius curve being concave Northeasterly, having a long chord of South 15043'05" East, 449.31 feet, to the End Point, the sidelines of said 80-foot-wide strip of land are to be shortened or lengthened to the intersection of the easterly line of Dubuque Industrial Center South First Addition, in the City of Dubuque, Dubuque County, Iowa as recorded in Doc. #2014-1397 and the intersection of the northerly line of Lot 1 and Lot 1 of 1 as recorded in Doc. #2010-3964. Subarea Q of the District shall include the following described properties: ■ Lot 1-5 of Dubuque Industrial Center West 51" Addition in the City of Dubuque, Iowa ■ All in the City of Dubuque, Iowa Subarea R of the District shall include the following described properties: ■ Part Lot 3 in the Dubuque Industrial Center North First Addition in the City of Dubuque, Dubuque County, Iowa, Except Lot 'A' of Lot 3 in Dubuque Industrial Center North First Addition in the City of Dubuque, Dubuque County, Iowa, described as follows: Commencing at the southeast corner of said Lot 3; thence N00°36'04"W, 364.16 feet along the east line of said Lot 3; thence S89°24'16"W, 502.28 feet along the outside face of the south wall of the existing building to the point of beginning; thence S00°35'44"E, ■ 37.00 feet; thence S89°24'16"W, 210.00 feet; thence N00°35'44"W, 362.00 feet; thence N89°24'16"E, 255.00 feet to the northerly extension of the outside face of the west wall of the existing building; then S00°35'44"E, 357.00 feet along said face of the west wall of the southwest corner of the existing building; thence N89°24'16"E, 125.00 feet along the face of the south wall of the existing building to the point of beginning, containing 2.258 acres. All in the City of Dubuque, Iowa. MINUTES CONSULTATION WITH AFFECTED TAXING BODIES for the Amended and Restated URBAN RENEWAL PLAN 2022.3 for the Dubuque Industrial Center West Urban Renewal Area: Tuesday July 26, 2022 at 2:00 p.m. GoToMeeting Conference Line Line Number: (872) 240-3212 Access Code: 474-956-701 Meeting Commenced: 2:00 p.m. Present: No representatives from the taxing bodies were in attendance. Meeting Adjourned: 2:30 p.m. Jill M. Connors Economic Development Director, City of Dubuque STATE OF IOWA SS: DUBUQUE COUNTY CERTIFICATE OF PUBLICATION I, Kathy Goetzinger, a Billing Clerk for Woodward Communications, Inc., an Iowa corporation, publisher of the Telegraph Herald, a newspaper of general circulation published in the City of Dubuque, County of Dubuque and State of Iowa; hereby certify that the attached notice was published in said newspaper on the following dates: 08/19/2022 and for which the charge is 30.19 Subscribed to before me, a Notary Publi nd for Dubuque County, Iowa, this 22nd day of August, 2022 Q"' -�< Z-, Notary PubIjn and for Dubuque County, lbwa. a JANET K. PAPE Commisslon Number 199859 - My Comm. Exp. DEC 111 2022 Ad text : CITY OF DUBUQUE, IOWA OFFICIAL NOTICE PUBLIC NOTICE is hereby given that the City Council of the City of Dubuque, Iowa, will hold a public hearing on the 6th day of September, 2022, at 6:30 p.m. in the Historic Federal Building, 350 W. 6th Street, 2nd floor, Dubuque, Iowa. At said meeting the City Council will consider a proposed Amended and Restated Urban Renewal Plan (the "Plan") for the Dubuque Industrial Center Economic Development District ("the District"). The official agenda will be posted the Friday before the meeting and will contain public input options. The City Council agenda can be accessed at https://cityofdubuque.novusagenda.com/AgendaPublic/ or by contacting the City Clerks Office at 563-589-4100, ctyclerk@cityofdubuque.org. The proposed Plan, if approved, would amend and restate the Plan to expand the District by creating a new Subarea R. At the meeting, the City Council will receive oral and written comments from any resident or property owner of said City to the above action. Written comments regarding the proposed Plan may be submitted to the City Clerks Office on or before said time of public hearing. Copies of supporting documents for the public hearing are on file in the City Clerks Office, 50 W. 13th Street, and may be viewed during normal working hours. Agendas can be accessed at https://www.cityofdubuque.org/Agendas. Individuals with limited English proficiency, vision, hearing or speech impairments or requiring special assistance should contact the City Clerks Office at (563) 589-4100, TDD= (563) 690-6678, ctyclerk@cityofdubuque.org as soon as feasible. Deaf or hard -of -hearing individuals can use Relay Iowa by dialing 711 or (800) 735-2942. Published by order of the City Council given on the 18th day of July, 2022. Adrienne N. Breitfelder, City Clerk It 8/19 1 Adrienne Breitfelder From:Adrienne Breitfelder Sent:Thursday, September 8, 2022 8:38 AM To:Kevin Dragotto Cc:Jill Connors; Ian Hatch Subject:City of Dubuque Urban Renewal Plan Resolutions from 9/6 City Council Meeting Attachments:Resolution No. 290-22_Amendment of the Dubuque Industrial Center Economic Development District Urban Renewal Plan, Version 2022.3.pdf; Resolution No. 289-22 _Amendment of the Dubuque Industrial Center Economic Development District Urban Renewal Plan, Version 2022.2.pdf Kevin, Attached are certified copies of City of Dubuque Resolution Numbers 289-22 and 290-22 relating to the Amended and Restated Urban Renewal Plan for the Dubuque Industrial Center Economic Development District. Please let me know if you have any questions or need anything further. Thank you, Adrienne Adrienne Breitfelder (she/her) City Clerk O: 563.589.4121 | C: 563.581.6473 City Hall | 50 W. 13th Street, Dubuque, IA, 52001