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Request for City Council Approval to Provide Letters of Support to DeveloperCity of Dubuque City Council CONSENT ITEMS # 3. Copyrighted March 16, 2026 ITEM TITLE: Request for City Council Approval to Provide Letters of Support to Developer SUMMARY: City Manager recommending City Council approval to provide two Letters of Support to the developer for inclusion in Spring 2026 Iowa Historic Tax Credit Part 2B applications. These letters pertain to the rehabilitation of the Rouse & Dean Company Foundry Building (990 Washington Street) and First Congregational United Church of Christ (255 W. 10th Street), two historic properties within priority redevelopment areas. SUGGUESTED Receive and File; Approve DISPOSITION: ATTACHMENTS: 1. MVM Memo Request for City Council Approval to Provide Letters of Support to Developer 2. Staff Memo 3. Letter of Support - Rouse & Dean 4. Letter of Support - First Congregational Church Page 133 of 811 THE CITY OF Dubuque DuBE uFA�a9a av Masterpiece on the Mississippi rP PP zoo�•*o 13 2017202019 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Request for City Council Approval to Provide Letters of Support to Developer DATE: March 10, 2026 Economic Development Director Jill Connors is recommending City Council approval to provide two Letters of Support to the developer for inclusion in Spring 2026 Iowa Historic Tax Credit Part 2B applications. These letters pertain to the rehabilitation of the Rouse & Dean Company Foundry Building (990 Washington Street) and First Congregational United Church of Christ (255 W. loth Street), two historic properties within priority redevelopment areas. I concur with the recommendation and respectfully request Mayor and City Council approval. Mic ael C. Van Milligen MCVM:sv Attachment cc: Crenna Brumwell, City Attorney Cori Burbach, Assistant City Manager Jill Connors, Economic Development Director Page 134 of 811 THE CITY OF DUB E Masterpiece on the Mississippi Dubuque Economic Development Department 1300 Main Street AII-Anerig90 Dubuque, Iowa 52001-4763 1 I Office (563) 589-4393 I III® TTY (563) 690-6678 http://www.cityofdubuque.org 2007-2012.2013 2017*2019 TO: Michael C. Van Milligen, City Manager FROM: Jill M. Connors, Economic Development Director SUBJECT: Request for City Council Approval to Provide Letters of Support to Developer DATE: March 10, 2026 INTRODUCTION The purpose of this memorandum is to request City Council approval to provide two Letters of Support to the developer for inclusion in Spring 2026 Iowa Historic Tax Credit Part 2B applications. These letters pertain to the rehabilitation of the Rouse & Dean Company Foundry Building (990 Washington Street) and First Congregational United Church of Christ (255 W. 10th Street), two historic properties within priority redevelopment areas. -f_Tel"'0]:0011 ki I llf� The City of Dubuque has long recognized historic preservation as a critical component of economic development, neighborhood stabilization, and downtown revitalization. Both projects seeking Letters of Support align with these goals. The Rouse & Dean Company Foundry Building, constructed between 1872-1884, is the oldest surviving structure in the Historic Millwork District and represents a key opportunity site for continued redevelopment momentum. The First Congregational United Church of Christ, constructed in 1858 and located in the Jackson Park Historic District, is one of Dubuque's most historic structures and provides essential community services. Significant structural deficiencies discovered in 2021 created urgent preservation needs addressed through the proposed rehabilitation. DISCUSSION Both letters articulate strong justification for state credit support: Page 135 of 811 The Rouse & Dean project addresses more than fifty years of vacancy and underutilization. Rehabilitation will stabilize the historic structure, restore significant architectural features, and create a market -ready commercial space capable of generating jobs, attracting investment, and increasing the tax base. The project is catalytic to the long-term success of the Millwork District. The First Congregational Church project will repair critical structural issues, restore historic materials —including stained glass and masonry —and improve overall safety, accessibility, and functionality. The building supports essential outreach services such as food assistance, education initiatives, medical support, and shelter programming. Preservation advances both historic character and community well-being. In both cases, the Iowa Historic Tax Credit program is a necessary component of the project financing structure and plays a vital role in making the rehabilitations feasible. The City's Letters of Support strengthen the applications and communicate the alignment of these projects with adopted economic development and preservation goals. RECOMMENDATION I respectfully recommend that the City Council approve the issuance of the Letters of Support for the Spring 2026 Iowa Historic Tax Credit Part 2B applications. Approval will allow these letters to be transmitted to the developer for inclusion in the applications. 011 Page 136 of 811 THE CITY OF DUB E Masterpiece on the Mississippi March 10, 2026 State Historic Preservation Office Iowa Economic Development Authority 1963 Bell Avenue, Suite 200 Des Moines, Iowa 50315 Dubuque Economic Development Department kvlftyl 1300 Main Street All-ANIICO Dubuque, Iowa 52001-4763 ,11R�A, rnV:11-A au 1 I Office (563) 589-4393 I I� TTY (563) 690-6678 http://www.cityofdubuque.org 2007.2012-2013 2017*2019 RE: Letter of Support — Spring 2026 Iowa Historic Tax Credit Part 2B Application Rouse & Dean Company Foundry Building — Dubuque, Iowa Dear Review Committee Members: On behalf of the City of Dubuque's Economic Development Department, I am pleased to provide this letter of strong support for Rouse & Dean Foundry Building, LLC's Spring 2026 Iowa Historic Tax Credit Part 2B application for the rehabilitation of the Rouse & Dean Company Foundry Building. Constructed between 1872 and 1884, the Rouse & Dean Company Foundry Building is the oldest surviving structure in Dubuque's Historic Millwork District. Historically home to Iowa Iron Works during the late nineteenth and early twentieth centuries, the building represents a foundational piece of Dubuque's industrial economy and manufacturing legacy. Its central location places it squarely within one of the City's highest -priority redevelopment areas. The Historic Millwork District is a keystone to the region's aggressive and coordinated economic development strategy. Over the past decade, the City and its partners have supported multiple successful building rehabilitations within the District, catalyzing private investment, new housing, creative office space, and destination retail and restaurant uses. However, several key structures remain underutilized, and completion of the broader redevelopment vision depends on reinvestment in these remaining historic assets. The Rouse & Dean Company Foundry Building is among the most prominent of these opportunity sites. Page 137 of 811 For more than fifty years, the building has been vacant and/or significantly underutilized. Prior to recent stabilization work, it was in a state of considerable disrepair, limiting its ability to contribute to the surrounding neighborhood. The completion of core and shell improvements represents a critical inflection point. By stabilizing and modernizing the structure —while restoring key historic elements such as the monitor roof form —the project establishes a safe, functional, and market -ready space capable of attracting a high -quality end user. From an economic development perspective, this project delivers both immediate and long-term benefits: • Job Creation and Business Attraction: Rehabilitation positions the building to support new commercial uses, including a potential restaurant or hospitality concept that would generate permanent jobs and draw consistent foot traffic to the District. • Catalytic Investment: Visible progress in rehabilitating one of the District's most historically significant buildings sends a strong signal to private investors and lenders, reducing perceived risk and encouraging additional redevelopment. • Increased Tax Base: Productive reuse of a long -vacant structure increases assessed value and strengthens the local property tax base over time. • Enhanced Walkability and District Identity: Activation of this highly visible site will strengthen the pedestrian environment and reinforce the Millworking Historic District as a vibrant, year-round destination. The building's history —including the devastating May 9, 1902 fire that destroyed the foundry and resulted in the only direct fire -related fatalities in the history of the Dubuque Fire Department —adds cultural depth and historical significance that further enhances its redevelopment value. Preserving and reactivating this structure honors that legacy while aligning with contemporary economic objectives. The Iowa Historic Tax Credit program is an essential tool in making complex historic rehabilitation projects financially feasible. In this case, the credit plays a pivotal role in bridging financing gaps, reducing redevelopment risk, and allowing private capital to be deployed in a manner consistent with community redevelopment goals. The City of Dubuque strongly supports Rouse & Dean Foundry Building, LLC's Spring 2026 Part 2B application. This project represents the type of strategic, catalytic investment that advances both historic preservation and sustainable economic growth. We respectfully urge favorable consideration of this important application. K Page 138 of 811 Sincerely, Jill Connors Economic Development Director City of Dubuque Page 139 of 811 THE CITY OF DUB E Masterpiece on the Mississippi March 10, 2026 State Historic Preservation Office Iowa Economic Development Authority 1963 Bell Avenue, Suite 200 Des Moines, Iowa 50315 Dubuque AII•Amerin City 2007►2012.2013 2017*2019 Economic Development Department 1300 Main Street Dubuque, Iowa 52001-4763 Office (563) 589-4393 TTY (563) 690-6678 http://www.cityofdubuque.org RE: Letter of Support — Spring 2026 Iowa Historic Tax Credit Part 2B Application First Congregational United Church of Christ — Dubuque, Iowa Dear Review Committee Members: On behalf of the City of Dubuque, I am pleased to offer this letter of strong support for the Spring 2026 Iowa Historic Tax Credit Part 2B application submitted by First Congregational United Church of Christ for the rehabilitation of its historic church building located in Dubuque. Constructed in 1858, First Congregational Church is one of the oldest and most historically significant buildings in our community. Situated within the Jackson Park Historic District, the church has long served as both an architectural landmark and a center of civic and spiritual life in downtown Dubuque. The 1973 construction of an educational and administrative wing expanded the congregation's capacity to serve the community while maintaining the integrity of the historic sanctuary. In 2021, major structural deficiencies were discovered in the north wall and roof trusses, creating urgent preservation needs. The proposed rehabilitation project will address these critical structural issues to restore the building's stability and ensure its long-term viability. In addition, the project includes comprehensive masonry repairs and repointing, stained glass window restoration, interior and exterior repainting, installation of new flooring, and replacement of the primary entrance doors along 10th Street. These improvements are essential to preserving the historic character of the building while enhancing safety, functionality, and accessibility. Beyond its architectural importance, First Congregational Church plays a vital role in serving the residents of downtown Dubuque. In addition to providing religious ministry to its members, the congregation maintains robust outreach and partnership programs addressing critical social needs, including food assistance, education initiatives, medical Page 140 of 811 support, and shelter assistance. The rehabilitation of this historic structure will directly benefit these community -centered programs by ensuring that the facility remains safe, welcoming, and operational for years to come. The City of Dubuque recognizes historic preservation as a key component of economic development and neighborhood stabilization. Investment in the preservation of this landmark property reinforces the vitality of the Jackson Park Historic District and supports continued reinvestment in the surrounding downtown area. The Iowa Historic Tax Credit program is an essential tool in making projects of this scope financially feasible, and its support will help ensure the successful completion of this important rehabilitation effort. The City fully supports First Congregational United Church of Christ in its application and respectfully encourages favorable consideration of its Spring 2026 Part 2B request. Thank you for your thoughtful review of this application and for your continued commitment to preserving Iowa's historic resources. Sincerely, Jill Connors Economic Development Director City of Dubuque 2 Page 141 of 811