Enterprise Zone - Support Cty LCITY OF DUBUQUE, IOWA
MEMORANDUM
May 30, 2001
TO:
FROM:
SUBJECT:
The Honorable Mayor and City Council Members
Michael C. Van Milligen, City Manager
Letter of Support for County of Dubuque's Application for Enterprise Zone
Designation
Acting Economic Development Director Pam Myhre is recommending support for
Dubuque County's application for Enterprise Zone certification in Dubuque County. The
proposed zone would include the Dubuque Technology Park and the Dubuque Regional
Airport.
I concur with the recommendation and respectfully request Mayor and City Council
approval.
Michael C. Van Milligen
MCVM/jh
Attachment
cc: Barry Lindahl, Corporation Counsel
Cindy Steinhauser, Assistant City Manager
Pamela Myhre, Acting Economic Development Director
CITY OF DUBUQUE
MEMORANDUM
May 29, 2001
To:
FROM:
Michael Van Milligen, City Manager
Pamela Myhre, Acting Economic Development Director
RE:
Letter of Support for County of Dubuque's Application for Enterprise
Zone Designation
Introduction
This memorandum presents for City Council review and approval a resolution
supporting Dubuque County's application to the Iowa Department of Economic
Development requesting certification of an Enterprise Zone in Dubuque County.
The proposed zone would include the Dubuque Technology Park and the
Dubuque Regional Airport.
Background
The State of Iowa recently authorized the selection of 5 new county enterprise
zones. Dubuque County, working with the East Central Intergovernmental
Association, has identified an area that meets the state's requirements for
Enterprise Zone designation. Applications are due June 5, 2001. A letter of
support approving the inclusion of property located within the corporate limits of
the City, while not required, will encourage the Iowa Department of Economic
Development to look favorably on the request.
The benefits of Enterprise Zone status, which currently apply to existing City
Enterprise Zones, will also apply to the County Enterprise Zone. These include
property tax exemption, rebate of sales taxes on construction materials.
investment and research tax benefits, and job training funds. The proposed
property tax exemption ($1.00 per year for ten years) is the same as that adopted
by the City for its Enterprise Zones. That minimum amount preserves the City's
ability to use tax increment financing - for either bonding purposes or for tax
abatement - to assist businesses in our urban renewal economic development
districts that are located in the Enterprise Zones.
Recommendation
I recommend that the City support the County's application for Enterprise Zone
certification in the area identified on the attached map.
Action Step
The action step is to adopt the attached resolution.
attachments
F:\USE RS~Pmyhre\WPDOCS\UR\DTP~suppodmemo.doc
Resolution No. 231-01
RESOLUTION OF SUPPORT FOR DUBUQUE COUNTY'S APPLICATION TO
THE IOWA DEPARTMENT OF ECONOMIC DEVELOPMENT REQUESTING
CERTIFICATION OF AN ENTERPRISE ZONE IN DUBUQUE COUNTY,
Whereas, Dubuque County (the "County") seeks to have a portion of the county
certified as an Enterprise Zone; and
Whereas, portions of the zone would include property located within the
corporate limits Of the City of Dubuque (the "City") and the Dubuque Regional
Airport; and
Whereas, the benefits of Enterprise Zone designation will encourage new
industrial development opportunities in the City; and
Whereas, the City wishes to support the County's application to the Iowa
Department of Economic Development for Enterprise Zone designation in
Dubuque County.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY OF DUBUQUE, IOWA:
Section 1. That the Dubuque City Council supports the County's application
for Enterprise Zone designation of a portion of Dubuque County, including the
Dubuque Technology Park and the Dubuque Regional Airport.
Section 2. That the City Clerk is authorized to forward a copy of this resolution
to the Dubuque County Board of Supervisors for submission with their application
for Enterprise Zone designation.
PASSED. APPROVED and ADOPTED this 4th day of June, 2001.
Terrance M. Duggan, Mayor
Attest:
Jeanne F. Schneider, City Clerk
F:\USERS~Pmyhre\WPDOCS\U R~OTP~supportres.doc