Loading...
Second Amendment to Grant Agreementwith Dub Jones Real Estate, LLC for Redevelopment of 2900 Central Avenue Copyrighted February 6, 2023 City of Dubuque Consent Items # 010. City Council Meeting ITEM TITLE: SecondAmendmentto GrantAgreementbetweenthe Cityof Dubuque, lowa and Dub Jones Real Estate, LLC for the Redevelopment of 2900 Central Avenue SUM MARY: City Manager recommending City Council adopt the attached resolution approving the Second Amendment to Grant Agreement between the City of Dubuque, lowa, and Dub Jones Real Estate, LLC forthe rehabilitation of 2900 Central Avenue. RESOLUTION Approving the Second Amendment to Grant Agreement between the City of Dubuque, lowa and Dub Jones Real Estate, LLC SUGGESTED Suggested Disposition: Receive and File;Adopt Resolution(s) DISPOSITION: ATTACHMENTS: Description Type MVM Memo City Manager Memo Staff Memo Staff Memo Resolution Resolutions Second Amendment Supporting Documentation Dubuque THE CITY QF � All-Meriea Ciry DLT B E ; . � . � �� � � MaSt� Z�C� aYd t�Q Mt55ZSSZ Z zoa�•zoiz•�ai3 YP pp za��*zai� TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Second Amendment to Grant Agreement between the City of Dubuque, lowa and Dub Jones Real Estate, LLC for the Redevelopment of 2900 Central Avenue DATE: February 1, 2023 Economic Development Director Jill Connors is recommending City Council adopt the attached resolution approving the Second Amendment to Grant Agreement between the City of Dubuque, lowa, and Dub Jones Real Estate, LLC for the rehabilitation of 2900 Central Avenue. I concur with the recommendation and respectfully request Mayor and City Council approval. v Mic ael C. Van Milligen MCVM:sv Attachment cc: Crenna Brumwell, City Attorney Cori Burbach, Assistant City Manager Jill Connors, Economic Development Director Dubuque Economic Development Department THE CITY OF ' ' 1300 Main Street All-America City Dubuque,lowa 52001-4763 U� � n'�N",`�""""�� Office(563)589-4393 � � TTY(563)690-6678 � http://www.cityofdubuque.org 2007*2012�2013 Masterpiece on the Mississippi zoi�*zoi9 TO: Michael C. Van Milligen, City Manager FROM: Jill M. Connors, Economic Development Director SUBJECT: Second Amendment to Grant Agreement between the City of Dubuque, lowa and Dub Jones Real Estate, LLC for the Redevelopment of 2900 Central Avenue DATE: January 19, 2023 INTRODUCTION This memorandum presents for City Council review and approval a resolution approving a Second Amendment to Grant Agreement between the City of Dubuque, lowa and Dub Jones Real Estate, LLC for the redevelopment of 2900 Central Avenue. BACKGROUND On September 20, 2021, the City entered into a Grant Agreement with Dub Jones Real Estate, LLC by Resolution No. 318-21 for the redevelopment of 2900 Central Avenue. Dub Jones real Estate, LLC is owned by the same community leaders as Convivium Urban Farmstead. Convivium is a community-oriented organization dedicated to growing and preparing locally sourced produce with a successful history of addressing food insecurity. The Grant Agreement awards $10,000 for facade improvements, and $10,000 for planning and design costs. On April 4, 2022, the Dubuque City Council approved a First Amendment to Grant Agreement by Resolution 105-22. The amendment modified the previously agreed upon design plan and materials for the storefront windows. DISCUSSION Due to increased difficulty in obtaining fa�ade materials, and general labor shortages, the project has not met the original completion date stated in the Grant Agreement. Dub Jones Real Estate, LLC is requesting to modify the project completion date. Our office has determined that a new project completion date of June 1, 2023 would provide adequate time for completion. This project will be an excellent addition to the Central Avenue Corridor. The Developer's intent, in addition to returning the fa�ade to its original condition is to transform the first- floor vacant restaurant space into a community kitchen. This kitchen will be rented to the public, provide a free weekly meal to those in need, and offer a pop-up restaurant space for emerging food industry entrepreneurs and chefs when needed. This stretch of Central Avenue has very few food options for residents. This project could serve as a pilot program for similar redevelopment efforts. The restoration and unique use will hopefully spur additional investment in the area. The project may also provide a successful model to address other food deserts within Dubuque. RECOMMENDATION / ACTION STEP I recommend that the City Council adopt the attached resolution approving the Second Amendment to Grant Agreement between the City of Dubuque, lowa, and Dub Jones Real Estate, LLC for the rehabilitation of 2900 Central Avenue. 2 Prepared by: Jill Connors, Economic Development, 50 W. 1311 Street, Dubuque IA 52001, 563 589-4393 Return to: Jill Connors, Economic Development, 50 W. 1311 Street, Dubuque IA 52001, 563 589-4393 RESOLUTION NO. 22-23 APPROVING THE SECOND AMENDMENT TO GRANT AGREEMENT BETWEEN THE CITY OF DUBUQUE, IOWA AND DUB JONES REAL ESTATE, LLC WHEREAS, the City of Dubuque (City) and Dub Jones Real Estate, LLC (Grant Recipient) previously entered into a Grant Agreement dated September 21, 2021, as amended, for the redevelopment of 2900 Central Avenue in the City of Dubuque, Iowa (the Project); and WHEREAS, City and Grant Recipient desire to further amend the Grant Agreement as set forth in the attached Second Amendment to Grant Agreement. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. That the Second Amendment to Grant Agreement between the City of Dubuque, Iowa and Dub Jones Real Estate, LLC, a copy of which is attached hereto, is hereby approved. Section 2. That the Mayor is hereby authorized and directed to execute the Second Amendment to Grant Agreement on behalf of the City of Dubuque and the City Clerk is authorized and directed to attest to his signature. Section 3. That the City Manager is authorized to take such actions as are necessary to comply with the terms of the Second Amendment to Grant Agreement as herein approved. Passed, approved and adopted this 6th day of February, 2023. ad M. Cavanagh, Mayor Attest: �j 4� / Adrienne N. Breitfelder, City Clerk SECOND AMENDMENT TO GRANT AGREEMENT BETWEEN THE CITY OF DUBUQUE, IOWA AND DUB JONES REAL ESTATE, LLC This Second Amendment to nA"Alopment Agreement, dated for reference purposes the Tin day of Februoay 202_2 is made and entered into by the City of Dubuque, Iowa, a municipality (City); established pursuant to the Iowa Code and acting under authorization of Iowa Code Chapter 403, as amended (the Urban Renewal Act), and Dub Jones Real Estate, LLC (Grant Recipient). Whereas, City and Grant Recipient previously entered into a Grant Agreement dated September 21, 2021 (the Grant Agreement), as amended; and Whereas, City and Grant Recipient desire to further amend the Grant Agreement as set forth herein. NOW THEREFORE, in consideration of the mutual terms and covenants contained herein, City and Grant Recipient agree as follows: 1. Section 1.2 of the Grant Agreement is hereby amended to read as follows: 1.2 Timing of Minimum Improvements. Grant Recipient shall begin construction of the Minimum Improvements by October 1, 2021 and complete construction of the Minimum Improvements by June 1, 2023. City shall determine in its sole discretion, following an inspection by City's Building Services Department and/or Planning Department, when the Minimum Improvements have been completed. In order to be considered completed, the Minimum Improvements must be constructed in accordance with the terms for this Agreement, in compliance with the regulations of the Program, and in substantial conformity with Grant Recipient's Amended Application Design Letter and Grant Recipient's Application to the Program. 2. Except as modified herein, the Grant Agreement shall remain in full force and effect. CITY OF DUBUQUE, IOWA DUB JONES REAL ESTATE, LLC .. a By. Leslie Shalabi, Director