Kinseth Hospitality Company, Inc. Development Agreement Second AmendmentCity of Dubuque
City Council
PUBLIC HEARINGS # 3.
Copyrighted
July 6, 2026
ITEM TITLE: Kinseth Hospitality Company, Inc. Development Agreement
Second Amendment
SUMMARY: Proof of publication on notice of public hearing to consider
City Council approval of a Second Amendment to
Development Agreement by and between the City of
Dubuque, Iowa and Kinseth Hospitality Company, Inc. for
development of a SpringHill Suites by Marriott hotel in the
Port of Dubuque, and City Manager recommending approval.
RESOLUTION Approving the Second Amendment to
Development Agreement by and between the City of
Dubuque, Iowa and Kinseth Hospitality Company, Inc.
SUGGUESTED Receive and File; Adopt Resolution(s)
DISPOSITION:
ATTACHMENTS:
1. MVM Memo Resolution Approving a Second Amendment DA with Kinseth
Hospitality Company, Inc
2. Staff Memo
3. Resolution of Approval
4. Second Amendment
5. Public Input Letter - Jason White
6. Public Input Letter - Daniel Walsh
7. Kinseth Input - Uploaded 7.6.26
8. Walsh Additional Input - Uploaded 7.6.26
Page 765 of 853
Dubuque
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TO: The Honorable Mayor and City Council Members
FROM: Michael C. Van Milligen, City Manager
SUBJECT: Resolution Approving a Second Amendment to Development Agreement
By and Between the City of Dubuque, Iowa and Kinseth Hospitality
Company, Inc.
DATE: July 1, 2026
Economic Development Director Jill Connors is recommending City Council adopt the
attached resolution approving a Second Amendment to Development Agreement by
and between the City of Dubuque, Iowa and Kinseth Hospitality Company, Inc. for
development of a SpringHill Suites by Marriott hotel in the Port of Dubuque.
On September 16, 2024, the City of Dubuque entered into a Development Agreement
with Kinseth Hospitality Company, Inc. for the development of two hotels in the Port of
Dubuque — a Courtyard by Marriott or AC Marriott Hotel and a Residence Inn by
Marriott.
Due to unforeseen difficulties in the lending environment, the Developer requested that
the closing, as well as all other milestones in the Development Agreement, be delayed
by six months. This was authorized by the City Council in a First Amendment.
Due to ongoing challenges in the lending environment, the Developer has recently
proposed developing only one hotel — a SpringHill Suites by Marriott. City staff continue
to recognize the need for additional hotel accommodations in the Port of Dubuque to
support the operations of the Grand River Center, particularly for larger events and
conferences that require a hotel within walking distance. The proposed Second
Amendment facilitates construction of the hotel to help meet this need.
The proposed Second Amendment includes the following:
• Developer will purchase approximately 1.25 acres of the City -owned 12.65-acre
site at a price of $160,000 per acre (approximately $200,000 total), adjusted based
on final platted acreage.
• Developer will construct an approximately 90-room SpringHill Suites by Marriott
hotel with a total capital investment of about $18 million.
Page 766 of 853
• Construction must begin by September 1, 2026, and the project must be
substantially completed by February 28, 2028. If a certificate of occupancy is not
issued by May 1, 2028, Developer must pay the City $50,000 per month until
issuance, unless delay is caused by City's unreasonable refusal to issue the
certificate.
• City and Developer will enter into a mutually agreeable parking agreement for use
of the surface lot immediately east of the hotel.
• City will provide 12 years of tax increment financing in the form of 24 semi-annual
payments funded solely by the incremental property taxes generated by the
project.
• City will record a restrictive covenant prohibiting issuance of building permits for
any additional hotel/hospitality facilities (excluding B&Bs) on the 12.65-acre site by
anyone other than the Developer or its affiliates until the hotel obtains a certificate
of occupancy or until December 31, 2027, whichever occurs first.
• City will grant Developer an option to purchase an additional approximately 1.25
acres north of the hotel site at $400,000 per acre. Developer will pay $10,000 at
Closing for the first 12 months of the option period, and $1,000 per month
thereafter until December 31, 2028, or until exercised. If exercised, the Developer
must construct a Residence Inn by Marriott within 21 months, or pay $50,000 per
month thereafter until a certificate of occupancy is issued.
• City will construct stub streets, built to City standards, adjacent to the hotel site to
serve the project and future development on the remaining acreage.
Approval of the Second Amendment is important in light of the level of investment
activity currently underway in Dubuque County. The University of Dubuque is
constructing a $65 million medical school; the Dubuque Museum of Art is undertaking
an $80 million project; Wanderwood Gardens recently opened as a new recreational
amenity; and the National Mississippi River Museum & Aquarium continues to invest in
its facilities. The Field of Dreams expansion, a $130 million project, is projected to
generate demand for approximately 71,000 additional hotel room nights annually. These
projects are part of nearly $1.2 billion in construction activity in Dubuque County over
the past four years and reflect an increasing need for additional hotel capacity in the
community. Declining to approve the Second Amendment at this stage would forgo the
Developer's $18 million capital investment, the associated tax increment revenue, and
the additional hotel capacity needed to support this level of activity. City staff
recommend approval as the most effective way to retain this investment and allow the
project to move forward.
2
Page 767 of 853
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
3
Page 768 of 853
Dubuque Economic Development
Department
THE CITY OF 1300 (wain street
All-AM111094 Dubuque, Iowa 52001-4763
UB E vxxwi Office (563) 589-4393
1 I I TTY (563) 690-6678
I® http://www.cityofdubuque.org
2007-2012*2013
Masterpiece on the Mississippi 2017*2019
TO: Michael C. Van Milligen, City Manager
FROM: Jill Connors, Economic Development Director
SUBJECT: Resolution Approving a Second Amendment to Development Agreement
By and Between the City of Dubuque, Iowa and Kinseth Hospitality
Company, Inc.
DATE: June 25, 2026
INTRODUCTION
This memorandum requests that the City Council adopt the attached resolution approving
a Second Amendment to Development Agreement by and between the City of Dubuque,
Iowa and Kinseth Hospitality Company, Inc.
BACKGROUND
On September 16, 2024, the City of Dubuque entered into a Development Agreement with
Kinseth Hospitality Company, Inc. for the development of two hotels in the Port of Dubuque
— a Courtyard by Marriott or AC Marriott Hotel and a Residence Inn by Marriott.
Due to unforeseen difficulties in the lending environment, the Developer requested that the
closing, as well as all other milestones in the Development Agreement, be delayed by six
months. This was authorized by the City Council in a First Amendment.
DISCUSSION
Due to ongoing challenges in the lending environment, the Developer has recently
proposed developing only one hotel — a SpringHill Suites by Marriott. City staff continue to
recognize the need for additional hotel accommodations in the Port of Dubuque to support
the operations of the Grand River Center, particularly for larger events and conferences
that require a hotel within walking distance. The proposed Second Amendment facilitates
construction of the hotel to help meet this need.
Page 769 of 853
The proposed Second Amendment includes the following:
• Developer will purchase approximately 1.25 acres of the City -owned 12.65-acre site
at a price of $160,000 per acre (approximately $200,000 total), adjusted based on
final platted acreage.
• Developer will construct an approximately 90-room SpringHill Suites by Marriott
hotel with a total capital investment of about $18 million.
• Construction must begin by September 1, 2026, and the project must be
substantially completed by February 28, 2028. If a certificate of occupancy is not
issued by May 1, 2028, Developer must pay the City $50,000 per month until
issuance, unless delay is caused by City's unreasonable refusal to issue the
certificate.
• City and Developer will enter into a mutually agreeable parking agreement for use
of the surface lot immediately east of the hotel.
• City will provide 12 years of tax increment financing in the form of 24 semi-annual
payments funded solely by the incremental property taxes generated by the project.
• City will record a restrictive covenant prohibiting issuance of building permits for any
additional hotel/hospitality facilities (excluding B&Bs) on the 12.65-acre site by
anyone other than the Developer or its affiliates until the hotel obtains a certificate
of occupancy or until December 31, 2027, whichever occurs first.
• City will grant Developer an option to purchase an additional approximately 1.25
acres north of the hotel site at $400,000 per acre. Developer will pay $10,000 at
Closing for the first 12 months of the option period, and $1,000 per month thereafter
until December 31, 2028 or until exercised. If exercised, the Developer must
construct a Residence Inn by Marriott within 21 months, or pay $50,000 per month
thereafter until a certificate of occupancy is issued.
• City will construct stub streets, built to City standards, adjacent to the hotel site to
serve the project and future development on the remaining acreage.
Approval of the Second Amendment is important in light of the level of investment activity
currently underway in Dubuque County. The University of Dubuque is constructing a $65
million medical school; the Dubuque Museum of Art is undertaking an $80 million project;
Wanderwood Gardens recently opened as a new recreational amenity; and the National
Mississippi River Museum & Aquarium continues to invest in its facilities. The Field of
Dreams expansion, a $130 million project, is projected to generate demand for
approximately 71,000 additional hotel room nights annually. These projects are part of
nearly $1.2 billion in construction activity in Dubuque County over the past four years and
reflect an increasing need for additional hotel capacity in the community. Declining to
approve the Second Amendment at this stage would forgo the Developer's $18 million
capital investment, the associated tax increment revenue, and the additional hotel capacity
K
Page 770 of 853
needed to support this level of activity. City staff recommend approval as the most effective
way to retain this investment and allow the project to move forward.
RECOMMENDATION
I recommend the City Council adopt the attached resolution approving the Second
Amendment to the Development Agreement for development of a SpringHill Suites by
Marriott hotel in the Port of Dubuque.
3
Page 771 of 853
Prepared by: Jill Connors, Economic Development, 1300 Main Street, Dubuque IA 52001, 563 589-4213
Return to: Jill Connors, Economic Development, 1300 Main Street, Dubuque IA 52001, 563 589-4213
RESOLUTION NO. 269-26
APPROVING THE SECOND AMENDMENT TO DEVELOPMENT AGREEMENT BY
AND BETWEEN THE CITY OF DUBUQUE, IOWA AND KINSETH HOSPITALITY
COMPANY, INC.
WHEREAS, the City of Dubuque and Kinseth Hospitality Company, Inc., an Iowa
corporation with its principal place of business in Iowa (Developer) entered into that
certain Development Agreement dated September 16, 2024, as amended by the First
Amendment, with respect to the matters specified therein; and
WHEREAS, the parties desire to further modify the Development Agreement as
set out in the Second Amendment to Development Agreement attached hereto; and
WHEREAS, the City Council finds that it is in the interests of the City of Dubuque
to approve the Second Amendment to Development Agreement.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF DUBUQUE,
IOWA AS FOLLOWS:
Section 1. The Second Amendment to Development Agreement is hereby
approved.
Passed, approved and adopted this 6th day of July, 2026.
Brad M. C anagh, Mayor
Attest:
Adrienne N. Breitfelder, City Clerk
SECOND AMENDMENT TO
DEVELOPMENT AGREEMENT
BY AND BETWEEN
THE CITY OF DUBUQUE, IOWA
AND
KINSETH HOSPITALITY COMPANY, INC.
This Second Amendment to Development Agreement (the Second Amendment),
dated for reference purposes the 6 +r day of I j 1 , 2026, is made and entered by
and between the CITY OF DUBUQUE, IOWA, a 'municipality (City), and Kinseth
Hospitality Company, Inc., an Iowa corporation with its principal place of business in Iowa
(Developer). (City and Developer are hereinafter sometimes collectively referred to as the
'parties').
WHEREAS, City and Developer entered into that certain Development Agreement
dated September 16, 2024 (the Agreement), as amended by the First Amendment dated
March 28, 2025; and
WHEREAS, the parties desire to further modify the Agreement as hereinafter
provided.
NOW, THEREFORE, in consideration of the mutual covenants contained herein,
the receipt and sufficiency of which are acknowledged by the parties, the parties agree
as follows:
1. Section 1.5 of the Development Agreement, as amended, is hereby amended to
read as follows:
1.5 Closinq. The closing shall take place on the Closing Date which shall be on
or before August 1, 2026, or such other date as the parties shall agree in writing,
but in no event shall the Closing Date be later than August 15, 2026 without written
consent of City in its sole discretion. Consummation of the Closing shall be
deemed an agreement of the parties to this Agreement that the conditions of
closing shall have been satisfied or waived.
2. Section 2 of the Development Agreement, as amended, is hereby amended to read
as follows:
SECTION 2. CONVEYANCE OF PROPERTY TO DEVELOPER;
06052026bal
PURCHASE PRICE OPTION.
2.1 Purchase Price.
Subject to the terms and conditions herein, the purchase price for the Property
(the
"Property Purchase Price") shall be the following:
$160,000/acre for approximately 1.25 acres shown on Exhibit N (the "Property")
for a total Property Purchase Price of approximately $200,000. The actual Property
Purchase Price shall be adjusted based on the acreage of the Property as shown
on the Plat as defined in Section 1.3(6) of this Agreement.
2.2 Option
At closing, City shall grant Developer an option, in form and substance approved
by City and Developer, in consideration for a non-refundable $10,000 paid to City
at Closing for the first 12 months of Option Period, and an additional non-
refundable $1,000 every month until the Option is exercised or terminated by
Developer, granting Developer the option to purchase (the "Option") up to an
additional approximately 1.25 acre adjacent to and immediately north of the
Property (the "Option Property"), at a purchase price of $400,000/acre, which
option shall remain in effect until December 31, 2028 (the "Option Period"), and
which option or memorandum thereof shall be recorded at closing (the "Option").
Developer may exercise the Option at any time during the Option Period upon
written notice to City, provided at the time of exercise and closing there exists no
uncured material breach of this Agreement by Developer. If Developer timely
exercises the Option, Developer and City shall negotiate and enter into an
Amendment to this Development Agreement containing similar terms and
conditions as this Agreement providing for Developer to construct an
approximately 90-room Residence Inn by Marriott, provided that such Residence
Inn by Marriott shall be substantially completed in not more than twenty-one (21)
months after the exercise of the Option. For each month or part of a month after
the 21 months, if the certificate of occupancy has not been issued, which issuance
was not unreasonably withheld, the failure to obtain a certificate of occupancy shall
not be considered an Event of Default, if Developer shall pay to City $50,000 on
the first day of each month until the certificate of occupancy is issued. The hotel
shall be maintained as a Residence Inn by Marriott hotel during the Term.
3. Section 4.1 of the Development Agreement, as amended, is hereby amended to
read as follows:
Page 774 of 853
4.1 Required Minimum Improvements. Developer shall make a total capital
investment of approximately $18,000,000 in land acquisition, design, building
construction, equipment, furniture and fixtures, and carrying costs to construct an
approximately 90-room SpringHill Suites by Marriott hotel on the Property (the
Minimum Improvements). The hotel shall be maintained as a SpringHill Suites
hotel during the Term, with no more than 10 extended stay rooms as shown on
Exhibit M (Floor Plans).
4. Section 4.5 of the Development Agreement, as amended, is hereby amended to
read as follows:
4.5 Timing of f Improvements. Developer hereby agrees that construction of the
Minimum Improvements on the Property shall have commenced by September 1,
2026, and shall be substantially completed by February 28, 2028. For each month
or part of a month after April 30, 2028, if the certificate of occupancy has not been
issued, unless the City has unreasonably refused to issue the certificate of
occupancy, the failure to obtain a certificate of occupancy shall not be considered
an Event of Default if Developer pays to City $50,000 on the first day of each month,
beginning May 1, 2028, until the certificate of occupancy is issued. The time frames
for the performance of these obligations shall be subject to suspension and/or
extension due to a Force Majeure Event in accordance with the terms of Section
9.3 of this Agreement.
5. Section 5.1(1) of the Development Agreement, as amended, is hereby amended
to read as follows:
5.1 Economic Development Grants.
(1) Developer Economic Development Grants
(a) For and in consideration of Developer's obligations hereunder, and
in furtherance of the goals and objectives of the Urban Renewal Plan for the
Project Area and the Urban Renewal Law, City agrees, subject to
Developer being and remaining in compliance with the terms of this
Agreement, to make twenty (24) semi-annual payments (such payments
being referred to collectively as the Developer Economic Development
Grants) to Developer as follows:
November 1, 2030 May 1, 2031
November 1, 2031 May 1, 2032
Page 775 of 853
November 1, 2032
May 1, 2033
November 1, 2033
May 1, 2034
November 1, 2034
May 1, 2035
November 1, 2035
May 1, 2036
November 1, 2036
May 1, 2037
November 1, 2037
May 1, 2038
November 1, 2038
May 1, 2039
November 1, 2039
May 1, 2040
November 1, 2040
May 1, 2041
November 1, 2041
May 1, 2042
Pursuant to Iowa Code Section 403.9 of the Urban Renewal Law, in
amounts equal to the actual amount of tax increment revenues collected by
City under Iowa Code Section 403.19 (without regard to any averaging that
may otherwise be utilized under Iowa Code Section 403.19 and excluding
any interest that may accrue thereon prior to payment to Developer) during
the preceding six (6) month period in respect of the Property and Minimum
Improvements constructed by Developer (the Developer Tax Increments).
City and Developer agree that for purposes of this Section 5.1(1), the
assessed value of the Property as of January 1, 2026 is approximately
$312,000. The actual assessed value of the Property shall be adjusted
based on the acreage of the Property, at $312,000/acre, as shown on the
Plat as defined in Section 1.3(6) of this Agreement. Developer recognizes
and agrees that the Economic Development Grants shall be paid solely and
only from the incremental taxes collected by City in respect to the Property
and any improvements thereon, which does not include property taxes
collected for the payment of bonds and interest of each taxing district, and
taxes for the regular and voter -approved physical plant and equipment levy,
instructional support levy, and any other portion required to be excluded by
Iowa law, and thus such incremental taxes will not include all amounts paid
by Developer as regular property taxes.
(b) To fund the Developer Economic Development Grants, City shall
certify to the County prior to December 1 of each year, commencing
December 1, 2028, its request for the available Developer Tax Increments
resulting from the assessments imposed by the County as of January 1 of
that year, to be collected by City as taxes are paid during the following fiscal
year and which shall thereafter be disbursed to Developer on November 1
and May 1 of that fiscal year. (Example: If City so certifies by December 1,
2028, the Developer Economic Development Grants in respect thereof
would be determined on November 1, 2029, and May 1, 2030.) If
construction of the Minimum Improvements is delayed, the first certification
Page 776 of 853
to the County shall be on December 1 immediately following the completion.
(c) The Developer Economic Development Grants shall be payable from and
secured solely and only by the Developer Tax Increments paid to City that,
upon receipt, shall be deposited and held in a special account created for
such purpose and designated as the Kinseth TIF Account of City. City
hereby covenants and agrees to maintain its TIF ordinance in force during
the term and to apply the incremental taxes collected in respect of the
Property and Minimum Improvements and allocated to the Kinseth TIF
Account to pay the Developer Economic Development Grants, as and to the
extent set forth in Section 5.1(1) hereof. The Developer Economic
Development Grants shall not be payable in any manner by other tax
increments revenues or by general taxation or from any other City funds.
City makes no representation with respect to the amounts that may be paid
to Developer as the Developer Economic Development Grants in any one
year and under no circumstances shall City in any manner be liable to
Developer so long as City timely applies the Developer Tax Increments
actually collected and held in the Kinseth TIF Account (regardless of the
amounts thereof) to the payment of the Developer Economic Development
Grants to Developer as and to the extent described in this Section.
6. Section 5.3 of the Development Agreement, as amended, is hereby amended to
read as follows:
5.3 Restrictive Covenant. At Closing, City shall record a restrictive covenant, in
form and substance approved by Developer, prohibiting the City from granting a
building permit for the development of any additional hotel/hospitality facilities
(excluding bed and breakfast establishments) in the 12.65 acre site shown on
Exhibit I by any person other than Developer or a Developer affiliate, which
covenant shall be binding until the issuance of the certificate of occupancy for the
Minimum Improvements on the Property or December 31, 2027, whichever first
occurs.
7. Section 5 of the Development Agreement, as amended, is amended by adding the
following new Section 5.4.
5.4 Stub Streets. City shall construct the new Stub Streets as conceptually
shown on Exhibit L, according to plans and specifications determined by City.
8. Section 9 of the Development Agreement, as amended, is hereby amended to add
the following subsection:
Page 777 of 853
9.7 Legal Compliance. Developer is responsible for compliance with all
applicable laws, statutes, rules, regulations, and ordinances which may apply to
the performance of Developer's obligations under this Agreement, including but
not limited to the laws outlined in Exhibit K, and hereby represents and warrants
that Developer is in compliance with the same as of the Closing Date and further
represents that during the Term Developer will remain in compliance. Developer
shall require all contractors and subcontractors providing services under this
Agreement shall also certify compliance with this Section.
9. Exhibit G to the Development Agreement, as amended, is hereby replaced in its
entirety with Exhibit G attached here to, showing a conceptual site plan, which shall be
subject to review and final approval of the City. .
10. The List of Exhibits shall now reflect the following:
EXHIBIT A
Urban Renewal Plan
EXHIBIT B
City Attorney Certificate
EXHIBIT C
Opinion of Developer Counsel
EXHIBIT D
City Certificate
EXHIBIT E
Memorandum of Development Agreement
EXHIBIT F
Parking Property
EXHIBIT G
Site Plan
EXHIBIT H
Access Agreement
EXHIBIT 1
12.65 Acre Site
EXHIBIT J
Special Warranty Deed
EXHIBIT K
Legal Compliance
EXHIBIT L
Stub Streets
EXHIBIT M
Floor Plans
EXHIBIT N
Land Sale
11. All other terms of the Development Agreement, as amended, shall remain in full
force and effect.
IN WITNESS WHEREOF, City has caused this Agreement to be duly
executed in its name and behalf by its Mayor and attested to by its City Clerk and
Developer has caused this Agreement to be duly executed.
KINSETH HOSPITALITY
COMPANY, INC.
Page 778 of 853
By:
Brad M. Cavanagh, Mayor
Attest:
By:
Adrienne N. Breitfelder, City Clerk
By: �j / j� 6,,X,4
Its
Page 780 of 853
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Page 781 of 853
EXHIBIT K
LEGAL COMPLIANCE
Page 782 of 853
a) Title VI of the Civil Rights Act of 1964 (42 U.S.C. § 2000d et seq., 78 stat. 252),
(prohibits discrimination on the basis of race, color, national origin); and 49 CFR Part 21;
b) The Uniform Relocation Assistance and Real Property Acquisition Policies Act of
1970, (42 U.S.C. § 4601), (prohibits unfair treatment of persons displaced or whose
property has been acquired because of Federal or Federal -aid programs and projects);
c) Federal -Aid Highway Act of 1973, (23 U.S.C. § 324 et seq.), (prohibits discrimination
on the basis of sex);
d) Section 504 of the Rehabilitation Act of 1973, (29 U.S.C. § 794 et seq.), as amended,
(prohibits discrimination on the basis of disability); and 49 CFR Part 27;
e) The Age Discrimination Act of 1975, as amended, (42 U.S.C. § 6101 et seq),
(prohibits discrimination on the basis of age);
f) Airport and Airway Improvement Act of 1982, (49 U.S.C. § 471, Section 47123), as
amended, (prohibits discrimination based on race, creed, color, national origin, or sex);
g) The Civil Rights Restoration Act of 1987, (PL 100-209); (broadened the scope,
coverage and applicability of Title VI of the Civil Rights Act of 1964 to include that entities
that receive federal funding must comply with civil rights legislation, including the Civil
Rights Act of 1964, the Age Discrimination Act of 1975, and Section 504 of the
Rehabilitation Act of 1973, in all operations, not just in the program or activity receiving
federal funding);
h) Titles II and III of the Americans with Disabilities Act, which prohibit discrimination
on the basis of disability in the operation of public entities, public and private
transportation systems, places of public accommodation, and certain testing entities (42
U.S.C. §§ 12131 - 12189) as implemented by Department of Transportation regulations at
49 C.F.R. Parts 37 and 38;
The Federal Aviation Administration's Non-discrimination statute (49 U.S.C. § 47123)
(prohibits discrimination on the basis of race, color, national origin, and sex);
j) Section 1557of the Affordable Care Act (prohibits discrimination on the basis of
national origin);
Page 783 of 853
k) Title IX of the Education Amendments of 1972, as amended (20 U.S.C. § 1681 et
seq.) (prohibits discrimination because of sex in education programs or activities);
L) Drug Abuse Office and Treatment Act of 1972, as amended (21 U.S.C. § 1101 et
seq.); and
m) Alcohol Abuse and Alcoholism Prevention, Treatment and Rehabilitation Act of
1970, as amended (42 U.S.C. § 4541, et seq.).
Page 784 of 853
STUB STREETS
Page 785 of 853
Page 786 of 853
FLOOR PLAINS
Page 787 of 853
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Page 788 of 853
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Page 789 of 853
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Page 790 of 853
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Page 791 of 853
EXHIBIT N
LAND SALE
Page 792 of 853
Page 793 of 853
Trish Gleason
From: Jason White
Sent: Sunday, June 14, 2026 12:37 PM
To: Brad Cavanagh; Laura Roussell; Danny Sprank; Tyson Leyendecker; David T. Resnick;
Chris Staver; Katy Wethal
Cc: Karen Kluesner; Mike Van Milligen; Jill Connors
Subject: Support for Spring Hill Suites Development Agreement
Mayor Cavanagh and Council Members,
I'm writing to encourage your support for the Development Agreement and TIF proposal related to
the SpringHill Suites project in The Port. From an economic development standpoint, this project
aligns with the needs and priorities identified by City staff and supports the long-term
competitiveness of our community.
As a member of The Port Design Review Committee, I have already voted in favor of this project. The
design and amenities are consistent with the expectations for this district and will contribute
positively to the visitor experience in an area where quality and consistency matter.
City staff have clearly outlined the growing need for additional hotel rooms to support the Grand
River Center and other major events that depend on walkable lodging. They also highlight two
significant demand drivers ahead of us: the new School of Osteopathic Medicine and the projected
71,000 additional hotel room nights associated with Field of Dreams development. These are
measurable, long-term forces shaping our regional economy, and this project helps ensure Dubuque
is prepared to meet that demand.
The revised agreement reflects the realities of today's lending environment while still delivering an
$18 million investment and a needed upper -moderate hotel product. It includes firm timelines,
performance requirements, and financial safeguards that protect the City. The option for a second
hotel, paired with clear accountability measures, also keeps future growth on the table without
overcommitting today.
Dubuque serves as the activity hub for the Tri-State region. Visitors routinely use Dubuque as their
home base while exploring the area, and our hospitality sector plays a direct role in supporting local
businesses, events, and employers. Especially without commercial air service, strengthening the
visitor experience remains essential to maintaining our competitiveness.
Thank you for your leadership and for your continued service to our community.
Sincerely,
Jason White, President & CEO
Greater Dubuque Development
Corporation
Jason E. White
President & CEO
Greater Dubuque Development Corporation
Page 794 of 853
Schmid Innovation Center I goo Jackson St., Suite log I Dubuque, IA 52001
Office: (563) 557-9049 1 Mobile: (563) 599-7529
jasonw(&greaterdubuque.org
Greater
1 Dubuque
DEVELOPMENT CC
YOU can be great here.
Page 795 of 853
Trish Gleason
From: Brad Cavanagh
Sent: Monday, June 15, 2026 3:30 PM
To: Trish Gleason; Cori Burbach; Mike Van Milligen; Crenna Brumwell
Subject: Fw: Item to be set for public hearing - Kinseth Hospitality Company, Inc.
Trish,
Can you please add the email below as public correspondence to the set for public hearing item related
to the Kinseth Hotel agreement? Thank you.
THE CITY OF
DUB E
Masterpiece on the Mississippi
Brad Cavanagh
Mayor
City Hall 150 West 131h St., Dubuque, IA, 52001
563-690-6502 1 www.citvofdubuque.org/citycouncil
From: Daniel Walsh <walshdbq@gmail.com>
Sent: Monday, June 15, 2026 12:10 PM
To: Brad Cavanagh <Bcavanagh@cityofdubuque.org>; David T. Resnick <dresnick@cityofdubuque.org>; Chris Staver
<cstaver@cityofdubuque.org>; Tyson Leyendecker <tleyendecker@cityofdubuque.org>; Laura Roussell
<Lroussell@cityofdubuque.org>; Danny Sprank <Dsprank@cityofdubuque.org>; Katy Wethal
<Kwethal@cityofdubuque.org>
Cc: dwalsh@caprabank.com <dwalsh@caprabank.com>
Subject: Item to be set for public hearing - Kinseth Hospitality Company, Inc.
You don't often get email from walshdbq@gmail.com. Learn why this is important
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Mayor Cavanagh and City Council Members,
I recognize that tonight the city council may vote to proceed with a public hearing to allow for formal
comment on the agenda item related to the development agreement between the City of Dubuque and
Kinseth Hospitality Company, Inc. Prior to setting this item for public hearing, I hope the council will
discuss the larger picture as to whether the proposed amendment to the development agreement should
even be considered by council.
The original development agreement was approved by the City Council in a public hearing on September
16, 2024, That public hearing allowed for other potential developers the opportunity to bring forward
competing proposal(s) for development of the property in the Port of Dubuque. That would have allowed
the City Council to select the proposal it deemed was in the best interest of the community. No
Page 796 of 853
competing proposals were received and the City selected Kinseth for the Port of Dubuque hotel project.
In that time, Kinseth has not performed on any portion of the development agreement including most
notably on the purchase of the land.The City of Dubuque has only received empty promises from the
developer and has received no consideration for the amendments to the development agreement.
The memos to the City Council indicate that Kinseth was not able to perform on the original development
agreement or the 1 st amendment to the development agreement due to "unforeseen difficulties" in the
lending environment. Since the time that the original development agreement was approved, the
developer has opened or rebranded the following properties:
• TownePlace Suites in Duluth
• Tru by Hilton in Oshkosh
• Holiday Inn Coralville-Iowa City.
In addition, Kinseth started construction on an AC Hotel by Marriott in Cedar Rapids in April 2025 with
anticipated opening in Summer 2026. The idea that difficulties in the lending environment hampered the
Port of Dubuque development seem disingenuous at best.
The proposed second amendment to the development agreement provides more favorable terms to the
developer than the original development agreement and the first amendment to the development
agreement. Specifically, Kinseth is receiving:
• Lower land acquisition cost - $160,000 per acre as proposed compared to $400,000 per acre in
the original development agreement. This represents a 60% decrease in the price per acre.
• Smaller required up front investment - From $30 million to $18 million
• Reduced room count -from 160 rooms to 90 rooms
• Extended TIF - Going from 10 years to 12 years
• Change in hotel brand - Going from Courtyard/AC to Spring Hill Suites
• City is now obligated to construct stub streets compared to having the option to construct streets.
I fear that the developer has only locked up 12+ acres of land in the Port of Dubuque from other
competing developments with no consideration given to the City other than a development agreement
on which they have never performed.
My recommendation is for the City to go back to the drawing board related to this parcel of land and/or
put more teeth in the development to protect the City of Dubuque's interests.
Thanks foryour consideration.
Sincerely,
Dan Walsh
1219 Arrowhead Dr.
Dubuque, IA 52003
walshdbq@gmail.com
563-564-9041
Page 797 of 853
7/6/26, 8:52 AM Mail -Adrienne Breitfelder - Outlook
W Outlook
Project History and Path Forward
From Ben Kinseth - 990 VP <bjkinseth@kinseth.com>
Date Fri 7/3/2026 9:58 AM
To Mike Van Milligen <ctymgr@cityofdubuque.org>; Jill Connors <Jilconno@cityofdubuque.org>; Ian Hatch
<Ihatch@cityofdubuque.org>
Cc Bruce Kinseth - 990 Senior VP <bkinseth@kinseth.com>; Aaron Mailey - 980 Project MGR
<amailey@kinseth.com>
Caution! This message was sent from outside your organization. Never give your Allow sender I Block sender
login information and password over email! Report
Subject: Port of Dubuque Hotel Development — Project History and Path Forward
Dear Mike Van Milligen and Members of the Council,
Kinseth Hospitality has been part of the Dubuque business community since 1996 and currently
operates three hotels in the city. This project has our full and continued commitment, and we want to
give the Council a clear, straightforward account of how we arrived at the current amendment before
Monday's vote.
Why the project changed size and scope
The project originally proposed in 2024 was an ambitious 150-room dual -branded Courtyard/Residence
Inn — the first of its kind in Iowa. Since that proposal, the financing environment for ground -up hotel
construction has shifted substantially: construction lenders nationally have tightened loan -to -cost ratios,
raised equity requirements, and grown more conservative on new -build hospitality, while hard
construction costs have continued to climb. A project of that scale, in that range of total cost, has
become very difficult to finance in this cycle — not just for Kinseth, but for hotel developers generally.
Rather than let the site sit indefinitely waiting for capital markets to improve, we worked with staff over
many months to right -size the project into something that can actually clear underwriting and get built.
That is the origin of the current amendment: a smaller, financeable SpringHill Suites in place of a larger
project that risked staying on paper.
Our shift away from Courtyard also reflects an evolving read on the brand landscape. Marriott's select -
service segment has moved toward more flexible, all -suite formats that serve both business and leisure
travelers, rather than the traditional business -transient model Courtyard was built around — including
amenities guests increasingly expect, like included breakfast. SpringHill Suites is a stronger fit for where
guest preferences and this asset class are heading, and we believe it positions the project for the
strongest possible long-term performance for the City and its future investors.
The geotechnical issue is a separate, legitimate cost driver
https://outlook.office.com/mail/inbox/id/AAkALgAAAAAAHYQDEapmEc2byACgAC%2FEWgOAF4FParlkCUixPD17i889rwAGUOgXXwAA/sxWAL?§8'of 663
7/6/26, 8:52 AM
Mail -Adrienne Breitfelder - Outlook
Independent of financing conditions, detailed geotechnical review of the site identified reclaimed fill
over compressible river -bottom soils requiring rigid inclusion foundation work — a real and substantial
cost (in the $860,000—$900,000 range) that was not knowable until we were deep into engineering. Any
developer building on this parcel would face this same site condition. This is the basis for the land price
and TIF adjustments in the amendment, not a negotiating tactic.
On our activity in other markets
We'd point out that the AC Hotel by Marriott in Cedar Rapids — cited as evidence that financing wasn't a
real constraint — went through the same iteration this project has: it was originally conceived larger, and
only became financeable after we and our lender worked it down to a scale the market would
underwrite. That lender, Cedar Rapids Bank & Trust, is the same institution financing this Dubuque
project. The pattern is identical in both cities: a larger initial concept, a tightening lending environment,
and a right -sized project that a bank will actually fund. Cedar Rapids is proof this approach works, not
evidence that Dubuque was treated differently.
The amended terms reflect a right -sized, buildable project — not an easy one
A smaller project that can close financing and break ground is a better outcome for Dubuque than a
larger project that remains theoretical. To be clear, even at this reduced scale, this remains a substantial
undertaking by any normal development standard — a $21.9 million project, financed and underwritten
on the same disciplined terms as any well -structured hotel development, with significant equity
commitment from Kinseth and our investors alongside conventional bank financing. This is a serious,
fully -financed project, not a minor commitment, and we are proceeding with the same rigor we bring to
every development in our portfolio. We have also continued to invest real dollars in this site throughout
the delay — design, engineering, and geotechnical work — which is not what a developer does with land
it intends to simply hold.
We are asking the Council to evaluate the amendment on those terms: a project sized to what the
market will actually finance today, on a foundation cost basis that reflects real site conditions.
Request
We respectfully ask the Council to move the second amendment forward so this project can proceed on
terms that are achievable in today's construction and lending environment. We remain fully committed
to delivering a high -quality hotel on this site and to our long-term partnership with the City of Dubuque.
Sincerely,
Ben Kinseth
Executive Vice President, Kinseth Hospitality Companies
_View my contact details here: https: blinq.me/8KAehVtSTklm
From: Mike Van Milligen <ctymgr@cityofdubuque.org>
Sent: Thursday, June 18, 2026 9:54 AM
To: Ben Kinseth - 990 VP <bjkinseth@kinseth.com>; Jill Connors <JiIcon no@cityofdubuque.org>; Ian Hatch
https://outlook.office.com/mail/inbox/id/AAkALgAAAAAAHYQDEapmEc2byACgAC%2FEWgOAF4FParlkCUixPD17i889rwAGUOgXXwAA/sxs AL?§9.of 863
7/6/26, 8:52 AM
Mail -Adrienne Breitfelder - Outlook
<Ihatch@cityofdubuque.org>
Subject: RE: FYI: Item to be set for public hearing - Kinseth Hospitality Company, Inc.
CAUTION: This email originated from outside the organization. Do not click links or open
attachments unless you recognize the sender and know the content is safe.
Ben,
I think the greater the detail the better.
Mike
From: Ben Kinseth - 990 VP <bjkinseth@kinseth.com>
Sent: Wednesday, June 17, 2026 3:59 PM
To: Jill Connors <Jilconno@cityofdubuque.org>; Mike Van Milligen <ctymgr@cityofdubuque.org>; Ian Hatch
<Ihatch @cityofdubuque.org>
Subject: Fw: FYI: Item to be set for public hearing - Kinseth Hospitality Company, Inc.
Hello Mike and Jill,
Would we be well served to produce a memo outlining a response to the below or more of a
general statement/memo teeing up the big picture?
Thanks,
Ben
From: Mike Van Milligen <ctymgr cityofdubuque.org>
Sent: Monday, June 15, 2026 4:34 PM
To: Ben Kinseth - 990 VP <bjkinseth@kinseth.com>; Bruce Kinseth - 990 Senior VP <bkinseth@kinseth.com>
Cc: Jill Connors <Jilconno@cityofdubuque.org>; Ian Hatch <Ihatch @cityofdubuque.org>; Crenna Brumwell
<Cbrumwel@cityofdubuque.org>; Jason White <Jasonw greaterdubuque.org>; Karen Kluesner
https://outlook.office.com/mail/inbox/id/AAkALgAAAAAAHYQDEapmEc2byACgAC%2FEWgOAF4FParlkCUixPD17i889rwAGUOgXXwAA/sxWAL860-of 963
7/6/26, 8:52 AM
Mail -Adrienne Breitfelder - Outlook
<karenk@greaterdubuque.org>
Subject: FYI: Item to be set for public hearing - Kinseth Hospitality Company, Inc.
CAUTION: This email originated from outside the organization. Do not click
links or open attachments unless you recognize the sender and know the
content is safe.
*Please note, I do not expect a reply outside of business hours or on weekends.
Sent from my iPhone
Begin forwarded message:
From: Brad Cavanagh <Bcavanagh@cityofdubuque.org>
Date: June 15, 2026 at 3:30:14 PM CDT
To: Trish Gleason <Tgleason@cityofdubuque.org>, Cori Burbach
<Cburbach@cityofdubuque.org>, Mike Van Milligen <ctymgr@cityofdubuque.org>,
Crenna Brumwell <Cbrumwel@cityofdubuque.org>
Subject: Fw: Item to be set for public hearing - Kinseth Hospitality Company,
Inc.
Trish,
Can you please add the email below as public correspondence to the set for public
hearing item related to the Kinseth Hotel agreement? Thank you.
Brad Cavanagh
Mayor
City Hall 150 West 13th St., Dubuque, IA, 52001
563-690-6502 1 www.cityofdubuque.org/citycouncil
From: Daniel Walsh <walshdbq@gmail.com>
Sent: Monday, June 15, 2026 12:10 PM
To: Brad Cavanagh <Bcavanagh cityofdubuque.org>; David T. Resnick
<dresnick@cityofdubuque.org>; Chris Staver <cstaver@cityofdubuque.org>; Tyson Leyendecker
<tleyendecker@cityofdubuque.org>; Laura Roussell <Lroussell@cityofdubuque.org>; Danny Sprank
<Dsprank@cityofdubuque.org>; Katy Wethal <Kwethal@cityofdubuque.org>
Cc: dwalsh@caprabank.com <dwalsh@caprabank.com>
Subject: Item to be set for public hearing - Kinseth Hospitality Company, Inc.
You don't often get email from walshdbq,@gmail.com. Learn why this is
important
Mayor Cavanagh and City Council Members,
https://outlook.office.com/mail/inbox/id/AAkALgAAAAAAHYQDEapmEc2byACgAC%2FEWgOAF4FParlkCUixPD17i889rwAGUOgXXwAA/sxWAL861-of 663
7/6/26, 8:52 AM
Mail - Adrienne Breitfelder - Outlook
I recognize that tonight the city council may vote to proceed with a public hearing to
allow for formal comment on the agenda item related to the development agreement
between the City of Dubuque and Kinseth Hospitality Company, Inc. Prior to setting
this item for public hearing, I hope the council will discuss the larger picture as to
whether the proposed amendment to the development agreement should even be
considered by council.
The original development agreement was approved by the City Council in a public
hearing on September 16, 2024, That public hearing allowed for other potential
developers the opportunity to bring forward competing proposal(s) for development
of the property in the Port of Dubuque. That would have allowed the City Council to
select the proposal it deemed was in the best interest of the community. No
competing proposals were received and the City selected Kinseth for the Port of
Dubuque hotel project. In that time, Kinseth has not performed on any portion of the
development agreement including most notably on the purchase of the Iand.The City
of Dubuque has only received empty promises from the developer and has received
no consideration for the amendments to the development agreement.
The memos to the City Council indicate that Kinseth was not able to perform on the
original development agreement or the 1 st amendment to the development
agreement due to "unforeseen difficulties" in the lending environment. Since the time
that the original development agreement was approved, the developer has opened
or rebranded the following properties:
• TownePlace Suites in Duluth
• Tru by Hilton in Oshkosh
• Holiday Inn Coralville-Iowa City.
In addition, Kinseth started construction on an AC Hotel by Marriott in Cedar Rapids
in April 2025 with anticipated opening in Summer 2026. The idea that difficulties in
the lending environment hampered the Port of Dubuque development seem
disingenuous at best.
The proposed second amendment to the development agreement provides more
favorable terms to the developer than the original development agreement and the
first amendment to the development agreement. Specifically, Kinseth is receiving:
• Lower land acquisition cost - $160,000 per acre as proposed compared to
$400,000 per acre in the original development agreement. This represents a
60% decrease in the price per acre.
• Smaller required up front investment - From $30 million to $18 million
• Reduced room count - from 160 rooms to 90 rooms
• Extended TIF - Going from 10 years to 12 years
• Change in hotel brand - Going from Courtyard/AC to Spring Hill Suites
• City is now obligated to construct stub streets compared to having the option to
construct streets.
I fear that the developer has only locked up 12+ acres of land in the Port of Dubuque
from other competing developments with no consideration given to the City other
than a development agreement on which they have never performed.
My recommendation is for the City to go back to the drawing board related to this
parcel of land and/or put more teeth in the development to protect the City of
Dubuque's interests.
Thanks for your consideration.
Sincerely,
Dan Walsh
https://outlook.office.com/mail/inbox/id/AAkALgAAAAAAHYQDEapmEc2byACgAC%2FEWgOAF4FParlkCUixPD17i889rwA000gXXwAA/sxs g'862'of 6653
7/6/26, 8:52 AM
Mail -Adrienne Breitfelder - Outlook
1219 Arrowhead Dr.
Dubuque, IA 52003
walshdbq@gmail.com
563-564-9041
https://outlook.office.com/mail/inbox/id/AAkALgAAAAAAHYQDEapmEc2byACgAC%2FEWgOAF4FParlkCUixPD17i889rwAGUOgXXwAA/sxWAL863-of 663
0 Outlook
[Draft] Public Hearing #3 - Kinseth Hospitality Company, Inc.
From Abreitfe@cityofdubuque.org
From: Daniel Walsh <walshdbq@gmail.com>
Date: July 6, 2026 at 12:05:11 PM CDT
To: Brad Cavanagh <Bcavanagh@gLtyofdubuque.org>, "David T. Resnick"
<dresnick@a[ttyofdubuque.org>, Chris Staver <cstaver@aLtyofdubuque.org>, Tyson
Leyendecker <t eyendecker@gLtyofdubuque.org>, Laura Roussell
<Lroussell@gLtyofdubuque.org>, Danny Sprank <Dsprank@c�ofdubuque.org>, Katy
Wethal <Kwethal@�fttyofdubuque.org>
Subject: Public Hearing #3 - Kinseth Hospitality Company, Inc.
You don't often get email from walshdbq,,@gmail.com. Learn why this is important
Caution! This message was sent from outside your organization. Never give FAllow sender I Block sender
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am following up on my prior correspondence related to the public hearing that is
scheduled for tonight with a recommendation to approve a second amendment to the
development agreement between the City of Dubuque and Kinseth Hospitality Company,
Inc.
viewed the Council agenda when it was posted on Thursday, July 2, 2026. At that point of
original publication, developer correspondence in response to my original email below was
not included in the council packet as it was not received from the developer until July 3,
2026. This is disappointing as the developer was made aware of my correspondence to
Council by the City Manager on June 15, 2026. On June 18, 2026, City Manager Van
Milligen recommended that Kinseth's response to my correspondence should be "greater
the detail the better."
Beyond the timing of the developer correspondence, this correspondence raises previously
undisclosed issues related to the proposed development agreement. One of the most
striking observations from the developer email is that none of the previous documents
included in City Council packets related to this development agreement mention
geotechnical problems. The March 2025 first amendment explains delay limited to
"unforeseen difficulties in the lending environment." The June 2026 staff memo that
recommends substantial concessions continues to attribute the changes to "continued
challenges in the lending environment" and a "revised development approach." There has
never been mention of geotechnical issues.
pose these questions:
1. When was the geotechnical report completed?
2. When was City staff informed of the issue?
3. Did City staff independently review the geotechnical report?
4. Was City staff aware of this issue prior to recommending either the first or second
amendment?
Page 804 of 853
5. Why is there no mention of the geotechnical issue in any of the staff memos?
I also question whether the reported cost of --$900,000 has been independently verified. Is
that cost specific to the smaller piece of land that the developer plans to acquire as part of
this amended development agreement or is that the cost for the entire parcel for which the
developer has an option to acquire. If these geotechnical issues are prevalent in all Port of
Dubuque, it seems from a policy standpoint that these issues can and/or should be
addressed by the City through public infrastructure improvements rather than through
reduced land price as there is additional land that the City still owns in the Port of Dubuque
that may be impacted by these reported geotechnical issues.
Given the lack of complete information that has been made available to Council and to the
public, I recommend this issue be tabled or rejected so that further information can be
disclosed to Council and to the taxpayers.
Respectfully,
Dan Walsh
1219 Arrowhead Dr.
Dubuque, IA 52003
walshdbq@gmail.com
563-564-9041
On Mon, Jun 15, 2026 at 12:10 PM Daniel Walsh <walshdbq@gmail.com> wrote:
Mayor Cavanagh and City Council Members,
I recognize that tonight the city council may vote to proceed with a public hearing to
allow for formal comment on the agenda item related to the development agreement
between the City of Dubuque and Kinseth Hospitality Company, Inc. Prior to setting this
item for public hearing, I hope the council will discuss the larger picture as to whether the
proposed amendment to the development agreement should even be considered by
council.
The original development agreement was approved by the City Council in a public
hearing on September 16, 2024, That public hearing allowed for other potential
developers the opportunity to bring forward competing proposal(s) for development of
the property in the Port of Dubuque. That would have allowed the City Council to
select the proposal it deemed was in the best interest of the community. No competing
proposals were received and the City selected Kinseth for the Port of Dubuque hotel
project. In that time, Kinseth has not performed on any portion of the development
agreement including most notably on the purchase of the Iand.The City of Dubuque has
only received empty promises from the developer and has received no consideration for
the amendments to the development agreement.
The memos to the City Council indicate that Kinseth was not able to perform on the
original development agreement or the 1 st amendment to the development agreement
due to "unforeseen difficulties" in the lending environment. Since the time that the
original development agreement was approved, the developer has opened or rebranded
the following properties:
• TownePlace Suites in Duluth
• Tru by Hilton in Oshkosh
• Holiday Inn Coralville-Iowa City.
Page 805 of 853
In addition, Kinseth started construction on an AC Hotel by Marriott in Cedar Rapids in
April 2025 with anticipated opening in Summer 2026. The idea that difficulties in the
lending environment hampered the Port of Dubuque development seem disingenuous at
best.
The proposed second amendment to the development agreement provides more
favorable terms to the developer than the original development agreement and the first
amendment to the development agreement. Specifically, Kinseth is receiving:
• Lower land acquisition cost - $160,000 per acre as proposed compared to
$400,000 per acre in the original development agreement. This represents a 60%
decrease in the price per acre.
• Smaller required up front investment - From $30 million to $18 million
• Reduced room count - from 160 rooms to 90 rooms
• Extended TIF - Going from 10 years to 12 years
• Change in hotel brand - Going from Courtyard/AC to Spring Hill Suites
• City is now obligated to construct stub streets compared to having the option to
construct streets.
I fear that the developer has only locked up 12+ acres of land in the Port of Dubuque
from other competing developments with no consideration given to the City other than a
development agreement on which they have never performed.
My recommendation is for the City to go back to the drawing board related to this parcel
of land and/or put more teeth in the development to protect the City of Dubuque's
interests.
Thanks for your consideration.
Sincerely,
Dan Walsh
1219 Arrowhead Dr.
Dubuque, IA 52003
walshdbq.@gmail.com
563-564-9041
Page 806 of 853
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:
06/21/2026
and for which the charge is 44.97
-6 C C l yz-
Subscribed to before me, a Notary Public in and for
Dubuque County, Iowa,
this 22nd day of June, 2026
Notary Pgblicj in and for Dubuque County, Iowa.
P1 AL JANET K. PAPE
Z ' Commission Number 199659
My Commission Expires
12/11/2028
Q w
Ad text :
CITY OF DUBUQUE, IOWA
OFFICIAL NOTICE
PUBLIC NOTICE is hereby given that the City Council of the
City of Dubuque Iowa will conduct a public hearing on the 6th
day of July, 2026, at 6:30 p.m., in the Historic Federal
Building, 350 W. 6th Street, 2nd floor, Dubuque, Iowa, at
which meeting the City Council proposes to take action to
approve the Second Amendment to Development Agreement between
the City of Dubuque, Iowa and Kinseth Hospitality Company,
Inc., a copy of which is now on file at the Office of the City
Clerk, City Hall, 50 W 13th Street, Dubuque, Iowa, providing
for the issuance of economic development grants (Urban Renewal
Tax Increment Revenue Grant Obligations) described therein in
order to carry out the purposes and objectives of the Urban
Renewal Plan for the Greater Downtown Urban Renewal Area
Economic Development District, including the funding of
economic development grants for Kinseth Hospitality Company,
Inc., under the terms and conditions of the Urban Renewal Plan
for the Greater Downtown Urban Renewal Area Economic
Development District. The aggregate amount of the Urban
Renewal Tax Increment Revenue Grant Obligations cannot be
determined at the present time but is not expected to exceed
$2, 820, 878.61.
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. The official City Council agenda
will be posted the Friday before the meeting and will contain
public input options. The agenda can be accessed at
https://dubuqueia.portal.civicclerk.com/ or by contacting the
City Clerk's Office at 563-589-4100,
ctyclerk@cityofdubuque.org.
Written comments on the public hearing may be submitted to
the City Clerk's Office by email at ctyclerk@cityofdubuque.org
or by mail to City Hall, 50 W. 13th St., Dubuque, IA 52001,
before the scheduled hearing. The City Council will review all
written comments at the time of the hearing.
Documents related to the public hearing are on file in the
City Clerk's Office and may be viewed Monday through Friday
between 8:00 a.m. and 5:00 p.m.
Individuals requiring special assistance should contact the
City Clerk's Office 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 15th day
of June 2026.
Trish Gleason, Assistant City Clerk
It 6/21