11 17 14 City Council Proceedings Official_RegularCITY OF DUBUQUE, IOWA
CITY COUNCIL PROCEEDINGS
REGULAR SESSION
OFFICIAL
The Dubuque City Council met in regular session at 6:30 p.m. on November 17, 2014
in the Historic Federal Building, 350 W. 6th Street.
Present: Mayor Buol; Council Members Braig, Connors, Jones, Lynch, Resnick, Sut-
ton; City Manager Van Milligen, City Attorney Lindahl
Mayor Buol read the call and stated this is a regular session of the City Council called
for the purpose of conducting such business that may properly come before the City
Council.
PLEDGE OF ALLEGIANCE
CONSENT ITEMS
Motion by Lynch to receive and file the documents, adopt the resolutions, and dis-
pose of as indicated. Seconded by Jones. Council Member Resnick requested No. 13
ArtPlace America - Letter of Intent be held for separate discussion. Motion carried 7-0.
1. Minutes and Reports Submitted: City Council proceedings of 11/3; Five Flags Cen-
ter Commission of 10/27; Historic Preservation Commission of 10/16; Library Board of
Trustees Update of 10/20; Zoning Advisory Commission of 11/05; Zoning Board of Ad-
justment of 10/23; Proof of Publication for City Council proceedings of 10/20. Upon mo-
tion the documents were received and filed.
2. Notice of Claims and Suits: Lonnie Smothers for personal injury and John Young
for vehicle damage. Upon motion the documents were received, filed and referred to the
City Attorney.
3. Disposition of Claims: City Attorney advising that the following claims have been
referred to Public Entity Risk Services of Iowa, the agent for the Iowa Communities As-
surance Pool: Michelle Green for vehicle damage, Kortni Oliver for vehicle damage,
Lonnie Smothers for personal injury, John Young for vehicle damage. Upon motion the
documents were received, filed and concurred.
4. Dubuque Main Street Award: City Manager transmitting the Certificate of Recogni-
tion for the Dubuque Main Street Best Public Improvement Project award for the two-
way street conversion project on Elm Street. Upon motion the document was received
and filed.
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5. Iowa 32 Bike/Hike Trail Phase 5 - Resource Enhancement and Protection (REAP)
Grant Agreement: City Manager recommending approval of the Fiscal Year 2015 Re-
source Enhancement and Protection (REAP) Grant Agreement for Phase 5 of the Iowa
32 Bike/Hike Trail. Upon motion the documents were received and filed and Resolution
No. 353-14 Authorizing REAP Grant Agreement with the Iowa Department of Natural
Resources for Phase 5 of the Iowa 32 Bike/Hike Trail was adopted.
RESOLUTION NO. 353-14
AUTHORIZING REAP GRANT AGREEMENT WITH THE IOWA DEPARTMENT OF
NATURAL RESOURCES FOR PHASE 5 OF THE IOWA 32 BIKE/HIKE TRAIL
Whereas, the Iowa Department of Natural Resources has allocated grant funds in the
REAP (Resource Enhancement and Protection) Program for the development of Phase
5 of the Iowa 32 Bike/Hike Trail; and
Whereas, the City of Dubuque has adopted the 2012 Comprehensive Plan that in-
cludes goals for development of bike/hike trails; and
Whereas, the City of Dubuque has adopted the 2008 Tri-State Trail Plan that in-
cludes Phase 5 of the Iowa 32 Bike/Hike Trail as a High Priority project.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
DUBUQUE, IOWA:
Section 1. The Mayor hereby is authorized to sign and the Planning Services Manag-
er is hereby authorized to submit the grant agreement with the Iowa Department of Nat-
ural Resources for REAP funds for Phase 5 of the Iowa 32 Bike/Hike Trail.
Section 2. The City Council hereby provides its written assurance that the completed
project will be adequately maintained for its intended use in accordance with state re-
quirements.
Passed, approved and adopted this 17th day of November, 2014.
Roy D. Buol, Mayor
Attest: Kevin S. Firnstahl, City Clerk
6. Alternative Services Concepts - Claims Service Contract: City Manager recom-
mending approval of the Claims Service Contract with Alternative Service Concepts and
authorization for the City Manager to execute the contract. Upon motion the document
was received, filed and approved.
7. Plat of Survey - Hancock Subdivision: Zoning Advisory Commission recommend-
ing approval of the Plat of Survey for Hancock Subdivision (10126 Key West Drive) sub-
ject to waiving the lot area for Lot 2. Upon motion the documents were received and
filed and Resolution No. 354-14 Approving the Plat of Survey of Hancock Subdivision in
Dubuque County, Iowa was adopted.
RESOLUTION NO. 354-14
APPROVING THE PLAT OF SURVEY OF HANCOCK SUBDIVISION IN DUBUQUE
COUNTY, IOWA
Whereas, there has been filed with the City Clerk a Plat of Survey of Hancock Subdi-
vision in Dubuque County, Iowa; and
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Whereas, said Plat of Survey provides 1,021 square feet of lot area for Lot 2, where
5,000 square feet of lot area is required by Section 11-14 of Title 16 of the City of
Dubuque Code of Ordinances, Unified Development Code; and
Whereas, said Plat of Survey has been examined by the Zoning Advisory Commis-
sion and had its approval endorsed thereon; and
Whereas, said Plat of Survey has been examined by the City Council and they find
that it conforms to the statutes and ordinances relating thereto.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
DUBUQUE, IOWA:
Section 1. That Section 11-14 of Title 16 of the Code of Ordinances, Unified Devel-
opment Code, is waived to allow 1,021 feet of lot area for Lot 2.
Section 2. That the Plat of Survey of Hancock Subdivision is hereby approved and
the Mayor and City Council are hereby authorized and directed to endorse the approval
of the City of Dubuque, Iowa upon said Plat of Survey.
Passed, approved and adopted this 17th day of November, 2014.
Roy D. Buol, Mayor
Attest: Kevin S. Firnstahl, City Clerk
8. Pre -Annexation Agreement - John A. and Celeste R. Fischer: City Manager recom-
mending approval of a Pre -Annexation Agreement with John A. and Celeste R. Fisher in
conjunction with their request for approval of the Plat of Survey of Hancock Subdivision
in Dubuque County, which is within two miles of the City of Dubuque corporate limits.
Upon motion the documents were received and filed and Resolution No. 355-14 Ap-
proving a Pre -Annexation Agreement between the City of Dubuque, Iowa, and John A.
and Celeste R. Fischer was adopted.
RESOLUTION NO. 355-14
APPROVING A PRE -ANNEXATION AGREEMENT BETWEEN THE CITY OF DUBU-
QUE, IOWA AND JOHN A. AND CELESTE R. FISCHER
Whereas, John A. and Celeste R. Fischer, the owners of the following described
property in Dubuque County, Iowa (the Property) have submitted to the City Council of
the City of Dubuque an application for voluntary annexation of the Property to the City of
Dubuque:
Lot 2 of Lot 2 of Lot 3 of the Southeast 1/4 of the Southeast 1/4, lying within Section
11, Township 88 North, Range 2 East of the 5th Principal Meridian, Dubuque
County, Iowa.; and
Whereas, John A. and Celeste R. Fischer have entered into a Pre -annexation
Agreement with the City of Dubuque a copy of which is attached hereto governing the
future annexation of the Property; and
Whereas, the Property is not subject to an existing annexation moratorium; and
Whereas, the Property does not include any state or railroad property; and
Whereas, Iowa Code Section 368.7 authorizes the voluntary annexation of property
in Dubuque County, Iowa and the extension of city limits by voluntary annexation; and
Whereas, the annexation of the Property is consistent with the Comprehensive Plan
of the City of Dubuque, necessary for the future orderly growth and development of the
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City of Dubuque, and will promote efficient and cost effective extension of municipal
services; and
Whereas, the City Council finds that the annexation of the Property is in the public in-
terest.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
DUBUQUE, IOWA:
Section 1. The Pre -annexation Agreement by and between John A. and Celeste R.
Fischer and the City of Dubuque is hereby approved.
Passed, approved and adopted this 17th day of November, 2014.
Roy D. Buol, Mayor
Attest: Kevin S. Firnstahl, City Clerk
9. Dubuque Industrial Center South - Paving/Utilities - Phase II Acceptance: City Man-
ager recommending acceptance of the Dubuque Industrial Center South PCC Paving
and Utilities, Phase II, as completed by Horsfield Construction, Inc. Upon motion the
documents were received and filed and Resolution No. 356-14 Approving a Housing
Enterprise Zone Program agreement by and among the Iowa Economic Development
Authority, the City of Dubuque and Weaver Castle, LLC was adopted.
RESOLUTION NO. 356-14
ACCEPTING THE PUBLIC IMPROVEMENTS IN THE DUBUQUE INDUSTRIAL CEN-
TER SOUTH — SOUTH SIEGERT FARM, PHASE II — PCC PAVING AND UTILITIES
PROJECT, ESTABLISHING THE FINAL CONTRACT AMOUNT, AND AUTHORIZING
THE PAYMENT OF THE CONTRACT AMOUNT TO THE CONTRACTOR
Whereas, Public Improvement Contract for the Dubuque Industrial Center South -
South Siegert Farm, Phase II — PCC Paving and Utilities (the Project) has been com-
pleted and the City Engineer has examined the work and filed a certificate stating that
the Project has been completed according to the terms of the Public Improvement Con-
tract and recommending that the Project be accepted.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
DUBUQUE, IOWA:
Section 1. The recommendation of the City Engineer is approved and the Project is
hereby accepted.
Section 2. The mayor and City Engineer are hereby directed to sign the DOT Certifi-
cate of Completion form.
Section 3. The final contract amount is established as $622,075.48. The Finance Di-
rector is hereby directed to pay to the Contractor from the Revitalize Iowa's Sound
Economy Rise (RISE) Program and General Obligation Bonds Proceeds (TIF -Abated)
appropriations for the contract amount of $622,075.48 less any retained percentage
provided for therein as provided in Iowa Code chapter 573, and to pay such retainage
only in accordance with the provisions of Iowa Code chapter 573.
Passed, approved and adopted this 17th day of November, 2014.
Roy D. Buol, Mayor
Attest: Kevin S. Firnstahl, City Clerk
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10. Iowa Department of Transportation Agreement for use of Local Agency Roads as a
detour for US 52 Bridge Rehabilitation: City Manager recommending approval for the
Mayor to execute an agreement with the Iowa Department of Transportation for the use
of local roads as an authorized detour route for the South Grandview Avenue at US 52
Overpass — Bridge Rehabilitation Project. Upon motion the documents were received
and filed and Resolution No. 357-14 Approving the Iowa Department of Transportation
Agreement for Use of Local Agency Roads as Detours for the South Grandview at US
52 Overpass Bridge Rehabilitation Project was adopted.
RESOLUTION NO. 357-14
APPROVING THE IOWA DEPARTMENT OF TRANSPORTATION AGREEMENT FOR
USE OF LOCAL AGENCY ROADS AS DETOURS FOR THE SOUTH GRANDVIEW
AT US 52 OVERPASS BRIDGE REHABILITATION PROJECT
Whereas, the Iowa Department of Transportation is proceeding with the South
Grandview at US 52 Overpass Bridge Rehabilitation Project; and
Whereas, mainline US Highway 52 may be closed from 9:00 pm until 6:00 am with
the Grandview Avenue exit and on ramps serving as a detour for both directions; and
Whereas, closures of US 52 will not be allowed on Friday or Saturday nights; and
Whereas, due to the street work required on Grandview Avenue, and in the interest
of public safety, vehicular traffic will be detoured.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF DUBUQUE, IOWA:
Section 1. That said Agreement for Use of Local Agency Roads with the Iowa De-
partment of Transportation is hereby approved for the South Grandview at US 52 Over-
pass Bridge Rehabilitation Project.
Section 2. That the Mayor be authorized and directed to execute two copies of said
Agreement for Use of Local Agency Roads with the Iowa Department of Transportation
for the South Grandview at US 52 Overpass Bridge Rehabilitation Project.
Passed, approved and adopted this 17th day of November, 2014.
Roy D. Buol, Mayor
Attest: Kevin S. Firnstahl, City Clerk
11. State of Iowa Annual Financial Report for Fiscal Year 2014: City Manager rec-
ommending approval of the City of Dubuque's Fiscal Year 2014 Annual Financial Re-
port. Upon motion the document was received, filed and approved.
12. WBBW Holliday Stormwater Facilities Fee Agreement Assignment to Warrior En-
terprises, LLC: City Manager recommending approval of the Assignment of interest in
the Stormwater Facilities Fee Agreement assigning WBBW Holliday Development,
LLC's interest in Lot 1 of Holliday 6th Addition to the purchaser of that property, Warrior
Enterprises, LLC. Upon motion the document was received, filed and approved.
13. ArtPlace America - Letter of Intent: City Manager recommending approval of the
submittal of a Letter of Intent/Pre-Application prepared by Geri Schafer, Art Manage-
ment Consultant and Economic Development Coordinator Megan Starr requesting
ArtPlace America funding for the development and construction of Creative Commons,
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a 100' x 400' linear park to be located at 4th and Bell Streets in the Port of Dubuque.
Motion by Resnick to table. Motion failed for lack of second. Motion by Jones to receive,
file and approve. Seconded by Braig. Steve Ulstad, Ulstad Architects and Economic
Development Coordinator Megan Starr responded to questions from Council member
Resnick regarding budgetary concerns and application responses. Council member
Braig clarified for the public that at this time the council is only being asked to approve
the Letter of Intent supporting the seeking of grant funding and that there is no financial
obligation being requested or approved by the city at this time. Motion carried 6-1 with
Resnick voting nay.
14. Iowa Mississippi River Parkway Commission (IMRPC): Iowa Mississippi River
Parkway Commission submitting their Annual Report for 2013/2014. Upon motion the
document was received and filed.
15. Weaver Castle - Housing Enterprise Zone Agreement: City Manager recommend-
ing approval of a Housing Enterprise Zone Program Agreement by and among the Iowa
Economic Development Authority, the City of Dubuque and Weaver Castle, LLC. Upon
motion the documents were received and filed and Resolution No. 258-14 Approving a
Housing Enterprise Zone Program agreement by and among the Iowa Economic Devel-
opment Authority, the City of Dubuque and Weaver Castle, LLC was adopted.
RESOLUTION NO. 358-14
APPROVING A HOUSING ENTERPRISE ZONE PROGRAM AGREEMENT BY AND
AMONG THE IOWA ECONOMIC DEVELOPMENT AUTHORITY, THE CITY OF
DUBUQUE AND WEAVER CASTLE, LLC
Whereas, the City of Dubuque has established two Enterprise Zones and an Enter-
prise Zone Commission; and
Whereas, the Enterprise Zone Commission on May 13, 2014 approved the applica-
tion of Weaver Castle, LLC for Housing Enterprise Zone benefits; and
Whereas, Weaver Castle, LLC application was approved by the Iowa Economic De-
velopment Authority on June 30, 2014; and
Whereas, the Iowa Economic Development Authority has prepared and submitted for
City Council approval an agreement relating to Housing Enterprise Zone benefits for
Weaver Castle, LLC, a copy of which is attached hereto and by this reference made a
part hereof; and
Whereas, the City Council finds that the proposed agreement is acceptable and nec-
essary to the growth and development of the city.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
DUBUQUE, IOWA:
Section 1. That the Iowa Economic Development Authority Housing Enterprise Zone
Program Agreement, Number 14-HEZ-134, is hereby approved.
Section 2. That the Mayor is hereby authorized and directed to execute the Agree-
ment on behalf of the City of Dubuque and forward the executed copy to the Iowa Eco-
nomic Development Authority for their approval.
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Passed, approved and adopted this 17th day of November, 2014.
Roy D. Buol, Mayor
Attest: Kevin S. Firnstahl, City Clerk
16. Unison Solutions - Capstone Microturbine Factory Protection Plan Agreement:
City Manager recommending approval of the Capstone Turbine Factory Protection Plan
End User Agreement with Unison Solutions for the three 200kw microturbines located at
the Water & Resource Recovery Center. Upon motion the document was received, filed
and approved.
17. Improvement Contract(s)/Maintenance Bonds: R&W Restoration, LLC for the 429
Rhomberg Demolition and Building Stabilization Project. Upon motion the document
was received, filed and approved.
18. Tobacco Compliance — Civil Penalty for Tobacco License Holder — 5 Star Tat-
toos: City Manager recommending approval of the Acknowledgement/Settlement
Agreement for a tobacco compliance violation for 5 Star Tattoos, 901 Rhomberg Ave-
nue. Upon motion the document was received, filed and approved.
19. Alcohol License Applications: City Manager recommending approval of annual
liquor, beer, and wine licenses as submitted. Upon motion the documents were received
and filed and Resolution No. 359-14 Approving applications for beer, liquor, and/or wine
permits, as required by City of Dubuque Code of Ordinances Title 4 Business and Li-
cense Regulations, Chapter 2 Liquor Control, Article B Liquor, Beer and Wine Licenses
and Permits was adopted.
RESOLUTION NO. 359-14
APPROVING APPLICATIONS FOR BEER, LIQUOR, AND/OR WINE PERMITS, AS
REQUIRED BY CITY OF DUBUQUE CODE OF ORDINANCES TITLE 4 BUSINESS
AND LICENSE REGULATIONS, CHAPTER 2 LIQUOR CONTROL, ARTICLE B LIQ-
UOR, BEER AND WINE LICENSES AND PERMITS
Whereas, applications for Beer, Liquor, and or Wine Permits have been submitted
and filed with the City Council for approval and the same have been examined and ap-
proved; and
Whereas, the premises to be occupied by such applicants were inspected and found
to comply with the Ordinances of the City and the applicants have filed the proper fees
and bonds and otherwise complied with the requirements of the Code of Ordinances.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
DUBUQUE, IOWA:
Section 1. The City Clerk is hereby authorized and directed to cause to be issued the
noted permit types to the following applicants pending submission of the locally required
documentation:
Renewals
Happy's Place
2323 Rockdale Rd.
Class C Liquor (Sunday)
Holiday Inn Dubuque
Five Flags
450 Main St.
Class B Liquor (Sunday)
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Kwik Stop
1200 Cedar Cross Rd.
Class E Liquor, Class B Native
Wine, Class C Beer (Sunday)
Plaza 20 BP/Amoco
2600 Dodge St.
Class C Beer, Class B Native Wine
(Sunday)
Double Shot
2093 Washington St.
Class C Liquor (Sunday)
Dubuque Area Cham-
ber of Commerce
300 Main St. Suite 200
Class B Native Wine (Sunday)
New
Inspire Cafe
955 Washington St.
Suite 105
Class C Liquor
Magoo's Pizza
1875 University Ave.
Special Class C Liquor (Sunday)
Passed, approved and adopted this 17"' day of November, 2014.
Roy D. Buol, Mayor
Attest: Kevin S. Firnstahl, City Clerk
PUBLIC HEARINGS
Upon motion the rules were suspended allowing anyone present to address the City
Council on the following items:
1. Unified Development Code Text Amendment - Keeping of Hens: Proof of publication
on notice of public hearing to consider a request by the City of Dubuque to amend the
Unified Development Code regarding the keeping of hens as a Conditional Use in the
R-1 and R-2 Residential Districts and the Zoning Advisory Commission recommending
approval. Motion by Jones to receive and file the documents and that the requirement
that a proposed ordinance be considered and voted on for passage at two Council
meetings prior to the meeting at which it is to be passed be suspended. Seconded by
Braig. Planning Services Manager Laura Carstens provided a staff report. Motion car-
ried 7-0.
Motion by Jones for final consideration and passage of Ordinance No. 66-14 Amending
Title 16 of the City of Dubuque Code of Ordinances, Unified Development Code, By
Amending Article 16-8-5.10 Conditional Uses by eliminating the Keeping of Hens and
Amending Articles 16-5-2-2 (R-1) And 16-5- 3-2 (R-2) to delete the Keeping of Hens for
Egg Production as a Conditional Use in R-1 and R-2 Residential Districts. Seconded by
Braig. Motion carried 7-0.
OFFICIAL PUBLICATION
ORDINANCE NO. 66-14
AMENDING TITLE 16 OF THE CITY OF DUBUQUE CODE OF ORDINANCES, UNI-
FIED DEVELOPMENT CODE, BY AMENDING ARTICLE 16-8-5.10 CONDITIONAL
USES BY ELIMINATING THE KEEPING OF HENS AND AMENDING ARTICLES 16-
5-2-2 (R-1) AND 16-5-3-2 (R-2) TO DELETE THE KEEPING OF HENS FOR EGG
PRODUCTION AS AN CONDITIONAL USE IN R-1 AND R-2 RESIDENTIAL DIS-
TRICTS.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
DUBUQUE, IOWA:
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Section 1. That Title 16 of the City of Dubuque Code of Ordinances, Unified Devel-
opment Code Articles 5-2-2 and 5-3-2 are hereby amended as follows:
5-2-2 Conditional Uses: Keeping of Hens
5-3-2 Conditional Uses: Keeping of Hens
Section 2. The foregoing amendment has heretofore been reviewed by the Zoning
Advisory Commission of the City of Dubuque, Iowa.
Section 3. This ordinance shall take effect immediately upon publication, as provided
by law.
Passed, approved and adopted this 17th day of November, 2014.
Roy D. Buol, Mayor
Attest: Kevin S. Firnstahl, City Clerk
2. Iowa Greyhound Association Lease: Proof of publication on notice of public hearing
to consider the intent to dispose of a portion of the greyhound racing facility by lease to
the Iowa Greyhound Association and the City Attorney recommending approval. Motion
by Lynch to receive and file the documents and adopt Resolution No. 360-14 Disposing
of an interest in real property by lease with Iowa Greyhound Association. Seconded by
Resnick. Motion carried 7-0.
RESOLUTION NO. 360-14
DISPOSING OF AN INTEREST IN REAL PROPERTY BY LEASE WITH IOWA
GREYHOUND ASSOCIATION
Whereas, the City of Dubuque, Iowa (City) owns certain property shown on Exhibit A
attached hereto known as Dubuque Greyhound Park; and
Whereas, City desires to enter into a Lease Agreement with Iowa Greyhound Associ-
ation for the property shown on Exhibit A; and
Whereas, the City Council, pursuant to notice published as required by law, held a
public hearing on the proposed disposition of the Property on November 17, 2014, and
overruled all objections thereto; and
Whereas, the City Council finds that it is in the best interest of the City to approve the
disposition of the Property.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
DUBUQUE, IOWA:
Section 1. The City Council of the City of Dubuque, Iowa approves the Lease Agree-
ment between City and Iowa Greyhound Association, disposing of the City's interest in
the Property.
Section 2. The Mayor is hereby authorized and directed to execute the Lease
Agreement on behalf of the City.
Passed, approved and adopted this 17th day of November, 2014.
/s/Roy D. Buol, Mayor
Attest: /s/Kevin S. Firnstahl, City Clerk
Published officially in the Telegraph Herald on the 21St day of November, 2014.
/s/Kevin S. Firnstahl, City Clerk
Upon motion the rules were reinstated limiting discussion to the City Council.
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ACTION ITEMS
1. Sidewalk Installation - 480 Wartburg Place: City Manager transmitting information on
the sidewalk waiver request by Tim and Christine Conlon, owners of 480. Wartburg
Place, and requesting City Council direction. Correspondence from Attorney Steve
Juergens on behalf of the property owners. Council discussion was had regarding the
waiver request and how it differs from other requests. Restate motion by Lynch to re-
ceive and file and grant the waiver. Seconded by Jones. Motion carried 7-0.
2. General Obligation Capital Loan Notes, Series 2014B and Taxable General Obliga-
tion Capital Loan Notes, Series 2014C: City Manager recommending approval of the
suggested proceedings for directing sale of $18,815,000 General Obligation Capital
Loan Notes, Series 2014B and $7,615,000 Taxable General Obligation Capital Loan
Notes, Series 2014C and awarding the Bonds to the best bidder. Motion by Connors to
receive and file the documents and adopt Resolution No. 361-14 Directing sale of
$18,815,000 General Obligation Capital Loan Notes, Series 2014B and Resolution No.
362-14 Directing sale of $7,615,000 Taxable General Obligation Capital Loan Notes,
Series 2014C. Seconded by Braig. Financial Advisor, Tionna Pooler, from Independent
Public Advisors, LLC. spoke regarding the bidding process and results. Motion carried
7-0.
RESOLUTON NO. 361-14
DIRECTING SALE OF $18,835,000 GENERAL OBLIGATION CAPITAL LOAN
NOTES SERIES 2014B
Whereas, pursuant to notice as required by law, bids have been received at public
sale for the notes described as follows and the best bid received is determined to be the
following:
$18,835,000 GENERAL OBLIGATION CAPITAL LOAN NOTES, SERIES 2014B:
Bidder: Robert W. Baird & Co. of Milwaukee, WI.
the terms of said bid being:
Purchase Price: $18,664,444.39
True Interest Rate: 3.356569%
Net Interest Cost: $7,490,139.29
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
DUBUQUE, STATE OF IOWA:
Section 1. That the bid for the notes as above set out is hereby determined to be the
best and most favorable bid received and, the notes are hereby awarded based on the
bid.
Section 2. That the statement of information for bidders and the form of contract for
the sale of the notes are hereby approved and the Mayor and Clerk are authorized to
execute the same on behalf of the City.
Passed and approved this 17th day of November, 2014.
Attest: Kevin S. Firnstahl, City Clerk
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Roy D. Buol, Mayor
RESOLUTION NO. 362-14
DIRECTING SALE OF $7,615,000 TAXABLE GENERAL OBLIGATION CAPITAL
LOAN NOTES, SERIES 2014C
Whereas, pursuant to notice as required by law, bids have been received at public
sale for the notes described as follows and the best bid received is determined to be the
following:
$7,615,000 TAXABLE GENERAL OBLIGATION CAPITAL LOAN NOTES, SERIES
2014C:
Bidder: Robert W. Baird & Co. of Milwaukee, WI.
the terms of said bid being:
Purchase Price: $7,538,850
True Interest Rate: 3.829327%
Net Interest Cost: $3,814,128.04
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
DUBUQUE, STATE OF IOWA:
Section 1. That the bid for the notes as above set out is hereby determined to be the
best and most favorable bid received and, the notes are hereby awarded based on the
bid.
Section 2. That the statement of information for bidders and the form of contract for
the sale of the notes are hereby approved and the Mayor and Clerk are authorized to
execute the same on behalf of the City.
Passed and approved this 17th day of November, 2014.
Roy D. Buol, Mayor
Attest: Kevin S. Firnstahl, City Clerk
3. Request to Schedule Inclusive Dubuque Work Session: City Manager requesting that
the City Council schedule the quarterly work session on Inclusive Dubuque for Monday,
February 2, 2015, at 5:00 p.m. Motion by Braig to set the work session as recommend-
ed. Seconded by Connors. Motion carried 7-0.
There being no further business, upon motion the City Council adjourned at 6:59 p.m.
/s/Trish L. Gleason, CMC
Assistant City Clerk
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