Ratification of Second Amendment to Economic Development Assistance Contract 22-HQJP-018 with Hormel Foods Corporation and Progressive Processing, LLC and the Iowa Economic Development AuthorityCity of Dubuque
City Council
CONSENT ITEMS # 16.
Copyrighted
July 20, 2026
ITEM TITLE: Ratification of Second Amendment to Economic
Development Assistance Contract 22-HQJP-018 by and
among Hormel Foods Corporation and Progressive
Processing, LLC, the City of Dubuque, and the Iowa
Economic Development Authority
SUMMARY: City Manager recommending City Council adopt the attached
resolution ratifying the Second Amendment to Economic
Development Assistance Contract 22-HQJP-018 by and
among Hormel Foods Corporation and Progressive
Processing, LLC, the City of Dubuque, and the Iowa
Economic Development Authority.
RESOLUTION Ratifying The Second Amendment To The
Economic Development Assistance Contract 22-Hgjp-018 By
And Among Hormel Foods Corporation And Progressive
Processing, LLC, The City Of Dubuque, Iowa, And The Iowa
Economic Development Authority
SUGGUESTED Receive and File; Adopt Resolution(s)
DISPOSITION:
ATTACHMENTS:
1. MVM Memo Ratifying the Second Amendment to Hormel Foods Corporation and
Progressive Processing, LLC, Dubuque IEDA
2. Staff Memo
3. Second Amendment
4. Resolution of Ratification
Page 765 of 1061
Dubuque
THE CITY OF
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TO: The Honorable Mayor and City Council Members
FROM: Michael C. Van Milligen, City Manager
SUBJECT: Ratifying the Second Amendment to Economic Development Assistance
Contract 22-HQJP-018 by and among Hormel Foods Corporation and
Progressive Processing, LLC, the City of Dubuque, and the Iowa
Economic Development Authority
DATE: July 15, 2026
Economic Development Director Jill Connors is recommending City Council adopt the
attached resolution ratifying the Second Amendment to Economic Development
Assistance Contract 22-HQJP-018 by and among Hormel Foods Corporation and
Progressive Processing, LLC, the City of Dubuque, and the Iowa Economic
Development Authority.
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
Page 766 of 1061
Dubuque
THE CITY OF
Economic Development Department
50 West 13th Street
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Dubuque, Iowa 52001-4864
Office (563) 589-4393
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TTY (563) 690-6678
Masterpiece on the Mississippi 2007 • 2012 • 2013
http://www.cityofdubuque.org
TO: Michael Van Milligen, City Manager
FROM: Jill Connors, Economic Development Director
SUBJECT: Ratifying the Second Amendment to Economic Development
Assistance Contract 22-HQJP-018 by and among Hormel Foods
Corporation and Progressive Processing, LLC, the City of Dubuque,
and the Iowa Economic Development Authority
DATE: July 7, 2026
I�111:Z9]B1l1otIIC0
This memorandum presents for City Council review and approval a resolution ratifying
the Second Amendment to Contract 22-HQJP-018 by and among Hormel Foods
Corporation and Progressive Processing, LLC, the City of Dubuque, and the Iowa
Economic Development Authority (IEDA).
BACKGROUND
Progressive Processing, LLC, located in Dubuque, Iowa, is a wholly owned subsidiary
of Hormel Foods Corporation. The plant officially opened on January 25, 2010 when it
produced its first run of Hormel® Compleats® microwave meals. Along with microwave
meals, the plant also runs a line of canned chunk chicken, and after an expansion in
2015, the plant now also produces SPAM® and Bacon Bits.
In 2019, Hormel Foods Corporation and Progressive Processing, LLC expanded the
Dubuque Progressive Processing facility to add capacity in SPAM® production. The
company invested approximately $13 million in remodeling and machinery/equipment.
The company created 58 new jobs with this expansion, 14 of which qualified for the
IEDA High Quality Jobs Incentive Program.
DISCUSSION
On June 6, 2022, the City Council adopted Resolution 210-22, authorizing the Mayor to
execute an application to the IEDA for financial assistance, and directing the City
Manager to submit the application to the IEDA with other required documents.
On June 14, 2022, the IEDA approved Economic Development Assistance Contract 22-
HQJP-018. A First Amendment was approved September 19, 2025 to extend the
Project Completion and Maintenance Period Completion Dates.
Page 767 of 1061
Hormel Foods Corporation and Progressive Processing, LLC have requested an
additional extension of the Project Completion Date, and the IEDA board has approved
the request. The attached Second Amendment amends the Project Completion and
Maintenance Period Completion Dates.
The Iowa Economic Development Authority requested City approval of the Second
Amendment to Economic Development Assistance Contract 22-HQJP-018 on June 30,
2026 for the extension of the Project Completion Date. The Mayor has signed the Second
Amendment and seeks ratification of the Second Amendment by the City Council.
RECOMMENDATION
I recommend the City Council adopt the attached resolution ratifying the Second
Amendment to Economic Development Assistance Contract 22-HQJP-018 by and among
Hormel Foods Corporation and Progressive Processing, LLC, the City of Dubuque, and
the IEDA.
Page 768 of 1061
CONTRACT AMENDMENT
RECIPIENT: Hormel Foods Corporation and Progressive Processing,
LLC
CONTRACT NUMBER: 22-HQJP-018
AMENDMENT NUMBER: Two
APPROVAL DATE: June 19, 2026
THIS CONTRACT AMENDMENT is made by and between the IOWA ECONOMIC
DEVELOPMENT AUTHORITY (hereafter "IEDA"), 1963 Bell Ave, Suite 200, Des Moines, Iowa 50315,
an agency of the State of Iowa, Hormel Foods Corporation and Progressive Processing, LLC
("Recipient"), 1 Hormel Place, Austin, MN 55912 and the City of Dubuque ("Community") 50 West
13th Street, Dubuque, IA 52001.
WHEREAS, the Recipient has requested an extension of the Project Completion Date.
WHEREAS, the IEDA BOARD approved the request, and
NOW, THEREFORE, the Contract referenced above is amended as follows:
1. REVISION OF JOB OBLIGATIONS (EXHIBIT D). Exhibit D is hereby amended to reflect the
amended Project Completion and Maintenance Period Completion Dates. Details of the changes
are reflected in the attached revised Exhibit D which is hereby incorporated by this reference and
made part of this Contract Amendment.
Except as otherwise revised herein, the terms, provisions, and conditions of Contract Number 22-HQJP-
018 and related exhibits shall remain unchanged and are in full force and effect.
FOR RECIPIENT:
17awes 'D. -f eewl�q
James D. Fleming (Jun 30, 2026 0 57:25 CDT)
SIGNATURE
James D. Fleming
PRINT/TYPE NAME, TITLE
06/30/2026
Date
FOR THE COMMUNITY:
-grad cavwmqA,
Brad Cavanagh (Jun 30, 202 1:57:43 CDT)
SIGNATURE
Brad Cavanagh
PRINT/TYPE NAME, TITLE
06/30/2026
Date
Page 1
FOR IEDA:
N
De ram (Jun 30, 2026 12:27:21 CDT)
Debi Durham, Director
06/30/2026
Date
Page 769 of 1061
EXHIBIT D — JOB OBLIGATIONS
Amended 6/19/2026
Recipient: Hormel Foods Corporation and Progressive Processing, LLC
Community: City of Dubuque
Contract Number: 22-HQJP-018
This Project has been awarded Project Completion Assistance and Tax Incentives from the High Quality Jobs Program (HQJP) — Tax
Credit Component. The chart below outline the contractual job obligations related to this Project.
Data in the "Employment Base" column has been verified by IEDA and reflects the employment characteristics of the facility
receiving funding before this award was made. Jobs to be retained as a part of this Project must be included in these calculations.
Data in the "Jobs To Be Created" column outlines the new full-time jobs (including their wage characteristics) that must be added to
the employment base and, if applicable, statewide employment base as a result of this award.
At the Project Completion Date and through the Maintenance Period Completion Date, the Recipient must achieve, at a minimum, the
numbers found in the "Total Job Obligations" column.
HQJP JOB OBLIGATIONS
Project Completion Date: January 31,2026 2027
Maintenance Period Completion Date: January 31, 242-6 2029
Employment
Base
Jobs
To Be Created
Total
I Job
Obligations
Total employment at project location
428
38
I 466
Average wage of total employment at project location
$25.04
Qualifying Laborshed Wage threshold requirement (per hr)
$21.13
Number of jobs at or above qualifying wage
168
38
206
Average Wage of jobs at or above qualifying wage
$33.44
Notes re: Job Obligations
1. When determining the number of jobs at or above the qualifying wage, wages will include only the regular hourly rate
that serves as the base level of compensation. The wage will not include nonregular forms of compensation such as
bonuses, unusual overtime pay, commissions, stock options, pension, retirement or death benefits, unemployment benefits
or other insurance, or other fringe benefits.
2. Employment Base includes 0 "Retained Jobs".
If the Recipient uses or proposes to use a non-standard work week (8 hours a day, 5 days a week, 52 weeks a year including
holidays, vacation and other paid leave), check the box below and describe that alternative schedule. The alternative
schedule must meet the requirements of 261 IAC 173.2. If the box is not checked or if no alternative schedule is
provided, IEDA will consider "Full-time Equivalent (FTE) Job" to mean the employment of one person for 8 hours per
day for a 5-day, 40-hour workweek for 52 weeks per year, including paid holidays, vacations and other paid leave.
❑ The Recipient shall use an alternative work week for purposes of its employees described in the Contract. The alternative
work week is as follows: [description].
Sufficient Benefits Deductible Requirements
Recipient shall provide Sufficient Benefits with a maximum deductible of $1,700 for single coverage or $3,750 for
family coverage.
Page 770 of 1061
Amendment 2 - Hormel Foods Progressive
Processing 22-HQJP-018
Final Audit Report 2026-06-30
Created: 2026-06-30
By: Benton Quade (benton.quade@iowaeda.com)
Status: Signed
Transaction ID: CBJCHBCAABAAZgKITcCWQmCsFKgid2gQgvo8P-pxa1HZ
"Amendment 2 - Hormel Foods Progressive Processing 22-HQJ
P-018" History
Document created by Benton Quade (benton.quade@iowaeda.com)
2026-06-30 - 2:42:06 PM GMT- IP address: 173.215.23.66
Document emailed to jdfleming@hormel.com for signature
2026-06-30 - 2:43:18 PM GMT
Email viewed by jdfleming@hormel.com
2026-06-30 - 2:43:26 PM GMT- IP address: 74.179.68.15
Signer jdfleming@hormel.com entered name at signing as James D. Fleming
2026-06-30 - 2:57:23 PM GMT- IP address: 170.85.8.127
Document e-signed by James D. Fleming Qdfleming@hormel.com)
Signature Date: 2026-06-30 - 2:57:25 PM GMT - Time Source: server- IP address: 170.85.8.127 - Signature Appearance Selected: TYPE
Document emailed to bcavanagh@cityofdubuque.org for signature
2026-06-30 - 2:57:27 PM GMT
Email viewed by bcavanagh@cityofdubuque.org
2026-06-30 - 2:57:36 PM GMT- IP address: 51.54.38.120
Signer bcavanagh@cityofdubuque.org entered name at signing as Brad Cavanagh
2026-06-30 - 4:57:41 PM GMT- IP address: 204.144.246.150
Document e-signed by Brad Cavanagh (bcavanagh@cityofdubuque.org)
Signature Date: 2026-06-30 - 4:57:43 PM GMT - Time Source: server- IP address: 204.144.246.150 - Signature Appearance Selected:
TYPE
0 Adobe Acrobat Sign
Dino 771 of 1(1F4
y
�v Document emailed to Debi Durham (debi.durham@iowaeda.com) for signature
2026-06-30 - 4:57:45 PM GMT
Email viewed by Debi Durham (debi.durham@iowaeda.com)
2026-06-30 - 5:26:52 PM GMT- IP address: 174.228.97.242
Document e-signed by Debi Durham (debi.durham@iowaeda.com)
Signature Date: 2026-06-30 - 5:27:21 PM GMT - Time Source: server- IP address: 174.228.97.242 - Signature Appearance Selected:
MOBILE —DRAW
Agreement completed.
2026-06-30 - 5:27:21 PM GMT
0 Adobe Acrobat Sign
Prepared by Jill M. Connors, 50 W. 13th St., Dubuque, IA 52001, (563) 589-4213
Return to Adrienne N. Breitfelder, City Clerk, 50 W. 13'h St., Dubuque, IA 52001, (563) 589-4100
RESOLUTION NO. 280-26
RATIFYING THE SECOND AMENDMENT TO THE ECONOMIC DEVELOPMENT
ASSISTANCE CONTRACT 22-HQJP-018 BY AND AMONG HORMEL FOODS
CORPORATION AND PROGRESSIVE PROCESSING, LLC, THE CITY OF DUBUQUE,
IOWA, AND THE IOWA ECONOMIC DEVELOPMENT AUTHORITY
WHEREAS, applications for certifications, funding, and grants are set by outside
entities and outside the control of the City; and
WHEREAS, the deadlines set by outside entities do not always coincide with the
meetings of the City Council; and
WHEREAS, the Iowa Economic Development Authority requested approval of
the Second Amendment to Economic Development Assistance Contract 22-HQJP-018
on June 30, 2026 for the extension of the Project Completion Date; and
WHEREAS, the Mayor signed the application and seeks ratification of the
Second Amendment to Contract 22-HQJP-018 from the City Council.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF DUBUQUE, IOWA:
Section 1. The Second Amendment to the Economic Development Assistance
Contract 22-HQJP-018 By and Among Hormel Foods Corporation and Progressive
Processing, LLC., the City of Dubuque, Iowa, and the Iowa Economic Development
Authority is hereby ratified.
Passed, approved and adopted this 20th day of July, 2026.
Attest:
Adrienne N. Breitfelder, City Clerk