Code of Ordinances Amendment - Dubuque Industrial Center Economic District OrdinanceCopyright 2014
City of Dubuque Action Items # 5.
ITEM TITLE: Code of Ordinances Amendment - Dubuque Industrial Center Economic
Development District
SUMMARY: City Manager recommending approval to amend the tax increment
ordinance for the Dubuque Industrial Center Economic Development
District allowing tax increment financing to be used in the new Subarea F
of the District, the newly acquired Graf Farm.
ORDINANCE Amending Ordinance No. 10-14, Previously Amended,
Providing That General Property Taxes Levied and Collected Each Year
On All Property Located Within the Amended and Restated Dubuque
Industrial Center Economic Development District Urban Renewal Area of
the City of Dubuque, County of Dubuque, State of Iowa, by and for the
Benefit of the State of Iowa, City of Dubuque, County of Dubuque,
Dubuque Community School District, and Other Taxing Districts, be Paid
to a Special Fund for Payment of Principal and Interest on Loans, Monies
Advanced to and Indebtedness, Including Bonds Issued or to be Issued,
Incurred by Said City in Connection With the Amended and Restated
Dubuque Industrial Center Economic Development District Urban Renewal
Redevelopment Project
SUGGESTED DISPOSITION: Suggested Disposition: Receive and File; Motion B; Motion A
ATTACHMENTS:
Description Type
E DICW Amending Tax Increment Ordinance -MVM Memo City Manager Memo
❑ Staff Memo Staff Memo
❑ UR Plan - DIC Supporting Documentation
E Attachment A - UR Plan map Supporting Documentation
❑ Attachment B-1 - Existing Land Use Supporting Documentation
❑ Attachment B-2 - Proposed Land Use Supporting Documentation
❑ Attachment C - bonded indebtedness Supporting Documentation
E Attachment D - District Boundary Descriptions Supporting Documentation
❑ Ag Land Owner Consent Supporting Documentation
❑ Joint Agreement Supporting Documentation
E Consultation Minutes Supporting Documentation
E LRPC Memo to Council Supporting Documentation
❑ Ordinance to Amend UR District Ordinance
❑ Suggested Motion Supporting Documentation
THE CITY OF
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Masterpiece on the Mississippi
Dubuque
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AI -America City
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2007 • 2012 • 2013
TO: The Honorable Mayor and City Council Members
FROM: Michael C. Van Milligen, City Manager
SUBJECT: Amending Tax Increment Ordinance for the Dubuque Industrial Center
Economic Development District
DATE: May 28, 2015
Economic Development Director Maurice Jones recommends City Council approval to
amend the tax increment ordinance for the Dubuque Industrial Center Economic
Development District. The amendment would allow tax increment financing to be used
in the new Subarea F of the District, the newly acquired Graf Farm.
I concur with the recommendation and respectfully request Mayor and City Council
approval.
",'I144 ,,,,,,
Mic ael C. Van Milligen
MCVM:jh
Attachment
cc: Barry Lindahl, City Attorney
Cindy Steinhauser, Assistant City Manager
Teri Goodmann, Assistant City Manager
Maurice Jones, Economic Development Director
Masterpiece on the Mississippi
Dubuque
teal
All -America City
1111
111'
2007 • 2012 • 2013
Economic Development Department
50 West 13th Street
Dubuque, Iowa 52001-4864
Office (563) 589-4393
TTY (563) 690-6678
http://www.cityofdubuque.org
TO: Michael Van Miliigen, City Manager
FROM: Maurice Jones, Economic Development Director
SUBJECT: Amending Tax Increment Ordinance for the Dubuque Industrial
Center Economic Development District
DATE: May 21, 2015
INTRODUCTION
This memorandum transmits for City Council review and adoption an ordinance
amending the tax increment ordinance for the Dubuque Industrial Center Economic
Development District ("District"). The proposed ordinance was reviewed by the City
Attorney's Office and City's bond counsel and is attached to this memo.
The proposed amendment would allow tax increment financing to be used in the new
Subarea F of the District.
BACKGROUND
On April 13, 2015 the County Board of Supervisors approved entering into a Joint
Agreement with the City concerning the new Subarea F of the District. This agreement
includes the consent from the County for the City to exercise Urban Renewal authority
in the portion of the District that is outside, but within two miles of, the current City limits.
This meets the requirements of Iowa Code Chapter 403.17(4). The agreement is
attached for your review.
On April 20, 2015, a Resolution of Necessity was adopted finding that the area being
considered for urban renewal district designation is an economic development area and
that the development of the area is necessary in the interest of the public welfare of the
residents of the City.
On May 4, 2015, a Consultation was conducted with the affected taxing entities as
required by Chapter 403.5 of the Iowa Code, providing an opportunity to discuss,
question, or object to the findings in these documents. Prior to the meeting, the taxing
entities were mailed copies of the Amended and Restated Urban Renewal Pian and the
Notice of Public Hearing. No representatives were in attendance.
On May 20, 2015, the Amended and Restated Plan was reviewed by the Long Range
Planning Commission. The Commission has forwarded its recommendation to the City
Council affirming that the Amended and Restated Plan is consistent with the City's
Comprehensive Plan for development.
On May 22, 2015 the notice of public hearing was published to allow for the appropriate
publication requirements. Assuming that the City Council approves of the Amended
and Restated Plan following the public hearing, Council action to amend the tax
increment ordinance for the District would be appropriate.
DISCUSSION
The primary goal of the Amended and Restated Plan is to expand opportunity for public
improvements and private industrial development by adding a new Subarea F to the
District. Following Council approval of the Amended and Restated Plan, adoption of the
amending tax increment ordinance is needed to allow the use of tax increment financing
in the new Subarea F of the District.
As before, the ordinance authorizes the City to maintain a special fund for the collection
of a portion of the property tax revenues generated by new development occurring the
District. All taxable property located in the District will continue to pay property taxes
based upon the current tax levies and assessment valuations. Tax revenues collected
in excess of the base amounts will be used to assist in financing future development
projects within the District, including both public and private development.
RECOMMENDATION/ ACTION STEP
Following City Council approval of the Amended and Restated Plan, I recommend that
the City Council approve the ordinance attached hereto for the Dubuque Industrial
Center Economic Development District. Tax increment financing is an important tool for
economic development and will be used to assist future public and private development
efforts.
JIII III II 0 01111111111 1111 II II II M11 lll 111
Doc ID• 008250890008 Type GEN
Kind: ORDINANCE
Recorded: 06/02/2015 at 03:31:47 PM
Fee Amt: $42.00 Pape 1 of 8
Dubuque County Iowa
John Murphy Recorder
File2015-00006808
Prepared by Jill Connors, Economic Development Dept. City Hall, 50 W. 13th St., Dubuque, IA, (563) 589-4213
Return to Kevin Firnstahl, City Clerk, City Hall, 50 W. 13 St., Dubuque, IA (563) 589-4121
ORDINANCE NO. 39-15
AMENDING ORDINANCE NO. 10-14, PREVIOUSLY AMENDED, PROVIDING
THAT GENERAL PROPERTY TAXES LEVIED AND COLLECTED EACH
YEAR ON ALL PROPERTY LOCATED WITHIN THE AMENDED AND
RESTATED DUBUQUE INDUSTRIAL CENTER ECONOMIC DEVELOPMENT
DISTRICT URBAN RENEWAL AREA OF THE CITY OF DUBUQUE, COUNTY
OF DUBUQUE, STATE OF IOWA, BY AND FOR THE BENEFIT OF THE
STATE OF IOWA, CITY OF DUBUQUE, COUNTY OF DUBUQUE, DUBUQUE
COMMUNITY SCHOOL DISTRICT, AND OTHER TAXING DISTRICTS, BE
PAID TO A SPECIAL FUND FOR PAYMENT OF PRINCIPAL AND INTEREST
ON LOANS, MONIES ADVANCED TO AND INDEBTEDNESS, INCLUDING
BONDS ISSUED OR TO BE ISSUED, INCURRED BY SAID CITY IN
CONNECTION WITH THE AMENDED AND RESTATED DUBUQUE
INDUSTRIAL CENTER ECONOMIC DEVELOPMENT DISTRICT URBAN
RENEWAL REDEVELOPMENT PROJECT
WHEREAS, the Amended and Restated Urban Renewal Plan for the Dubuque
Industrial Center Economic Development District Urban Renewal Project Area
described in Resolution No. 130-88 was adopted on May 2, 1988 and was thereafter
amended and restated by Resolution No. 484-90 on December 17, 1990, Resolution
No. 142-97 on April 7, 1997, Resolution No. 478-97 on November 17, 1997, Resolution
No. 15-08 on January 7, 2008, Resolution No. 101-08 on March 17, 2008, Resolution
No. 109-08 on April 7, 2008, Resolution No. 87-11 on March 7, 2011, Resolution 171-13
on June 3, 2013 and Resolution No. 197-15 on June 1, 2015; and
WHEREAS, the City Council of the City of Dubuque, Iowa originally provided for
the division of taxes pursuant to Section 403.19 of the Code of Iowa within the Dubuque
Industrial Center Economic Development District Urban Renewal Project Area in
Ordinance No. 26-88 passed and approved on May 2, 1988 and thereafter amended
and restated by Ordinance No. 63-88 on December 5, 1988, by Ordinance No. 66-97 on
November 17, 1997, by Ordinance No. 70-08 on October 20, 2008, and by Ordinance
No. 10-14 on February 3, 2014; and
LI200
City Clerk
WHEREAS, indebtedness has been incurred by the City, and additional
indebtedness is anticipated to be incurred in the future, to finance urban renewal project
activities within the Amended and Restated Dubuque Industrial Center Economic
Development District, and the continuing needs of redevelopment within the Amended
and Restated Dubuque Industrial Center Economic Development District are such as to
require the continued application of the incremental tax resources of the Amended and
Restated Dubuque Industrial Center Economic Development District; and
WHEREAS, the following enactment is necessary to accomplish the objectives
described in the premises.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF DUBUQUE, IOWA, THAT:
Ordinance Number 10-14 is hereby amended to read as follows:
Section 1: For purposes of this Ordinance, the following terms shall have the
following meanings:
(a) Original Project Area shall mean that portion of the City of Dubuque,
Iowa described in the Urban Renewal Plan for the Dubuque Industrial Center
Economic Development District Urban Renewal Area approved by Resolution
No. 130-88 on May 2, 1988, and subsequently amended by Resolution No. 484-
90 on December 17, 1990, which Original Project Area includes the lots and
parcels located within the area now legally described as follows:
All of the Dubuque Industrial Center First, Second, Third, Fourth, Fifth,
Sixth, Seventh, Eighth, Ninth, Tenth and Eleventh Additions and the
adjoining public right-of-way, all in the City of Dubuque, Dubuque County,
Iowa.
The Original Project Area is referred to as "Subarea A" in the Urban Renewal
Plan hereinafter described.
(b) Subarea B shall mean that portion of the City of Dubuque, Iowa
described as Subarea B in the Amended and Restated Urban Renewal Plan for
the Dubuque Industrial Center Economic Development District Urban Renewal
Area approved by Resolution No. 478-97 on November 17, 1997, and
subsequently amended by Resolution No. 15-08 on January 7, 2008, which
Subarea B includes the lots and parcels located within the area legally described
as follows:
Lots 1, 3, 4, 1 of 5, 6 and H of Dubuque Industrial Center West; and
Lots 1, 2, 3, 4, 5, 6, 7, 8, and C of Dubuque Industrial Center West 2nd
Addition; and
Lots 1, 2, 3, 4, B, and C of Dubuque Industrial Center West 4th Addition;
and
Lots 1 of 1, 1 of 2, 2 of 2, 1 of 3, 2 of 3, 1 of 5, A, C, and D of Dubuque
Industrial Center West 5th Addition; and
Lots 1, 2, and A of Dubuque Industrial Center West 6th Addition; and
Lots 1, 1 of 2, and 2 of 2 of Dubuque Industrial Center West 7th Addition;
and
Lot 2 of 1 of the Southwest Quarter of the Southwest Quarter and Lot 2 of
1 of the Southeast Quarter of the Southwest Quarter all in Section 30,
Township 89 North, Range 2 East, 5th Principal Meridian;
and all that part of a 100 -foot -wide strip of the Chicago Central Pacific
Railroad right-of-way lying in the SE 1/4 of Section 30, the SE 1/4 of the
SW 1/4 of Section 30, the NW 1/4 of Section 31, and the NE 1/4 of
Section 31 all in T89N, R2E, of the 5th P.M. Dubuque County, Iowa, the
centerline of which is more particularly described as follows: beginning at
a point of intersection with the easterly line of the SE 1/4 of Section 30,
T89N, R2E, of the 5th P.M., thence southwesterly along the centerline of
said railroad 2,700 feet, more or less a point of intersection with the
westerly line of the SE 1/4 of said Section 30; thence southwesterly
continuing along said centerline 845 feet, more or Tess, to a point where
the railroad right-of-way widens to 200 feet, said point being the terminus
of this description; and
all that part of a 100 -foot -wide strip of the Chicago Central Pacific Railroad
right-of-way lying in the Balance of Lot 1 of 1 of the Southwest Quarter of
the Southwest Quarter in Section 29, Township 89 North, Range 2 East,
5th Principal Meridian; and
any adjoining public street right-of-way all in the City of Dubuque,
Dubuque County, Iowa.
(c) Subarea C shall mean that portion of the City of Dubuque, Iowa
described as Subarea C in the Amended and Restated Urban Renewal Plan for
the Dubuque Industrial Center Economic Development District Urban Renewal
Area approved by Resolution No. 101-08 on March 17, 2008, which Subarea C
includes the Tots and parcels located within the area legally described as follows:
Lot 1-1 NW 1/4 -NE 1 /4; Lot 2 of E 10 acres NE 1/4 -NW 1/4; Lot 2-1 NW
1/4 -NE 1 /4; Lot 2 NW 1/4 -NE 1 /4; Lot 1 E 1/4 NE 1/4 -NW 1 /4; W 3/4 NE
1/4 -NW 1/4; Lot 2-1 SE 1/4 -NW 1/4; Lot 1-1 SE 1/4 -NW 1/4; and the SW
1/4 -NE 1/4 all in Section 30, Township 89 North, Range 2 East, 5th
Principal Meridian; and any adjoining public street right-of-way in the City
of Dubuque, Dubuque County.
(d) Subarea D shall mean that portion of the City of Dubuque, Iowa
described as Subarea D in the Amended and Restated Urban Renewal Plan for
the Dubuque Industrial Center Economic Development District Urban Renewal
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Area approved by Resolution No. 109-08 on April 7, 2008, which Subarea D
includes the lots and parcels located within the area legally described as follows:
Lot 4 of Dubuque Industrial Center West 5th Addition, and Lot B of
Dubuque Industrial Center West 5th Addition in the City of Dubuque, Iowa.
(e) Subarea E shall mean that portion of the City of Dubuque, Iowa
described as Subarea E in the Amended and Restated Urban Renewal Plan for
the Dubuque Industrial Center Economic Development District Urban Renewal
Area approved by Resolution No. 87-11 on March 7, 2011, which Subarea E
includes the lots and parcels located within the area legally described as follows:
All of Lot 1 of 1 and Lot 1 of 2 of the South Fork Subdivision No. 1,
including any adjoining public street right-of-way to said lots, all in the City
of Dubuque, Dubuque County, Iowa, and;
All of Seippel Road right of way from the north boundary line of Lot 1 of 1
of South Fork Subdivision No. '1 in the City of Dubuque, to the south
boundary lines of Lot H of Dubuque Industrial Center West and Lot 1 of
Dubuque Industrial Center West 2nd Addition in the City of Dubuque,
Dubuque County, Iowa, including crossings at the intersections of Old
Highway Road and Chicago Central & Pacific Railroad rights-of-way.
(f) Subarea F shall mean that portion of the City of Dubuque, Iowa, and
Dubuque County described as Subarea F in the Amended and Restated Urban
Renewal Plan for the Dubuque Industrial Center Economic Development District
Urban Renewal Area approved by Resolution No. 197-15 on June 1, 2015,.which
Subarea F includes the lots and parcels located within the area legally described
as follows:
Lot one (1) of Graf Farm Subdivision #2, Dubuque County, Iowa,
according to the recorded plat thereof;
Lot 1 of Lot 1 of Lot 1 of Lot 1 of West One-half of Northeast One-quarter,
Section 25, Township 89 North , Range 1 East of the 5th Principal
Meridian, in Center Township , Dubuque County , Iowa;
Lot 2 in "W.A. Norman Place" in Section 25, Center Township, Dubuque
County, Iowa, according to the plat thereof; and
The NW 1/4 of the SE 1/4 of Section 25, Township 89 North, Range 1
East of the 5th P.M., in Center Township, Dubuque County, Iowa
(g) Amended Project Area shall mean that portion of the City of Dubuque,
Iowa and Dubuque County included within the Original Project Area, Subarea B,
Subarea C, Subarea D, Subarea E, and Subarea F, each as described in this
Section.
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(h) Urban Renewal Plan shall mean the Amended and Restated Urban
Renewal Plan adopted for the Amended Project Area by Resolution No. 197-15
on June 1, 2015, and any subsequent amendments that may occur.
Section 2: The taxes levied on the taxable property in the Amended Project
Area, and each subarea thereof, legally described in Section 1 hereof, by and for the
benefit of the State of Iowa, City of Dubuque, County of Dubuque, Dubuque Community
School District, and all other taxing districts from and after the effective date of this
Ordinance shall be divided as hereinafter in this Ordinance provided.
Section 3: As to the Original Project Area, that portion of the taxes which would
be produced by the rate at which the tax is levied each year by or for each of the taxing
districts taxing property in the Original Project Area upon the total sum of the assessed
value of the taxable property in the Original Project Area as shown on the assessment
roll as of January 1, 1987, being the first day of the calendar year preceding the
effective date of Ordinance No. 26-88, shall be allocated to and when collected be paid
into the fund for the respective taxing district as taxes by or for said taxing district into
which all other property taxes are paid. The taxes so determined shall be referred
herein as the "base period taxes" for such Subarea.
As to Subarea B, base period taxes shall be computed in the same manner using
the total assessed value shown on the assessment roll as of January 1, 1996, being the
assessment roll applicable to property in such Subarea as of January 1 of the calendar
year preceding the effective date of Ordinance No. 66-97.
As to Subarea C, base period taxes shall be computed in the same manner using
the total assessed value shown on the assessment roll as of January 1, 2007, being the
assessment roll applicable to property in such subarea as of January 1 of the calendar
year preceding the effective date of Ordinance No. 70-08.
As to Subarea D, base period taxes shall be computed in the same manner using
the total assessed value shown on the assessment roll as of January 1, 2007, being the
assessment roll applicable to property in such subarea as of January 1 of the calendar
year preceding the effective date of Ordinance No. 70-08.
As to Subarea E, base period taxes shall be computed in the same manner using
the total assessed value shown on the assessment roll as of January 1, 2013, being the
assessment roll applicable to property in such subarea as of January 1 of the calendar
year preceding the effective date of Ordinance No. 10-14.
As to Subarea F, base period taxes shall be computed in the same manner using
the total assessed value shown on the assessment roll as of January 1, 2014, being the
assessment roll applicable to property in such subarea as of January 1 of the calendar
year preceding the effective date of this Ordinance.
5
Section 4: That portion of the taxes each year in excess of the base period taxes
for the Amended Project Area, determined for each sub -area thereof as provided in
Section 3 of this Ordinance, shall be allocated to and when collected be paid into the
special tax increment fund previously established by the City of Dubuque to pay the
principal of and interest on loans, monies advanced to, or indebtedness, whether
funded, _ refunded, assumed or otherwise, including bonds issued under authority of
Section 403.9 or Section 403.12 of the Code of Iowa, incurred by the City of Dubuque,
Iowa to finance or refinance, in whole or in part, urban renewal projects undertaken
within the Amended Project Area pursuant to the Urban Renewal Plan, except that
taxes for the regular and voter -approved physical plant and equipment levy of a school
district imposed pursuant to Section 298.2 of the Code of Iowa and taxes for the
instructional support program of a school district imposed pursuant to Section 257.19
(but in each case only to the extent required under Section 403.19(2)), taxes for the
payment of bonds and interest of each taxing district, and taxes imposed under Section
346.77 (22) related to joint county -city buildings, shall be collected against all taxable
property within the Amended Project Area without any limitation as hereinabove
provided.
Section 5: Unless or until the total assessed valuation of the taxable property in
the subareas of the Amended Project Area exceeds the total assessed value of the
taxable property in said subareas shown by the assessment rolls referred to in Section
3 of this Ordinance, all of the taxes levied and collected upon the taxable property in the
Amended Project Area shall be paid into the funds for the respective taxing districts as
taxes by or for the taxing districts in the same manner as all other property taxes.
Section 6: At such time as the loans, monies advanced, bonds and interest
thereon and indebtedness of the City of Dubuque referred to in Section 4 hereof have
been paid, all monies thereafter received from taxes upon the taxable property in the
Amended Project Area shall be paid into the funds for the respective taxing districts in
the same manner as taxes on all other property.
Section 7: All ordinances or parts of ordinances in conflict with the provisions of
this Ordinance are hereby repealed. The provisions of this Ordinance are intended and
shall be construed so as to continue the division of taxes from taxable property in the
Amended Project Area under the provisions of Section 403.19 of the Code of Iowa, as
authorized in Ordinance No. 10-14, and to fully implement the division of taxes in
Subarea F of the Amended Project Area. In the event that any provision of this
Ordinance shall be determined to be contrary to law it shall not affect other provisions or
application of this Ordinance which shall at all times be construed to fully invoke the
provisions of Section 403.19 of the Code of Iowa with reference to the Amended Project
Area and the subareas contained therein.
Section 8: This Ordinance shall be in effect after its final passage, approval and
publication as provided by law.
PASSED AND APPROVED this 1st day of Jt e, 2015.
AL/
ATTEST:
421).,„
Kevin irnstahl, City Clerk
Roy Eluol, Mayor
7
STATE OF IOWA
CERTIFICATE of the CITY CLERK
) SS:
COUNTY OF DUBUQUE )
I, Kevin S. Firnstahl, do hereby certify that I am the duly appointed, qualified, City Clerk
of the City of Dubuque, Iowa, in the County aforesaid, and as such City Clerk, I have in
my possession or have access to the records of the proceedings of the City Council. I
do further state that the hereto attached Ordinance No. 39-15 is a true and correct
copy of the original.
In Testimony Whereof, I hereunto set my hand and official seal of the City of Dubuque,
Iowa.
Dated at Dubuque, Iowa, on this 2nd day of June, 2015.
Kevi . S. Firnstahl, C t -,-City Clerk
Prepared by:
Retum to:
Jill Connors, City of Dubuque, 50 W. 13th Street, Dubuque, IA 52001 (563) 589-4393
Kevin S. Firnstahl, City of Dubuque, 50 W. 13th Street, Dubuque, IA 52001 (563) 589-4121
AMENDED and RESTATED
URBAN RENEWAL PLAN
Dubuque Industrial Center Economic Development District
City of Dubuque, Iowa
This Amended and Restated Urban Renewal Plan provides
for the continued development of the Dubuque Industrial
Center Economic Development District, originally
established by Resolution 130-88 of the City Council of the
City of Dubuque, Iowa on May 2, 1988 and thereafter
amended and restated by Resolution 484-90 on December
17, 1990, Resolution 142-97 on April 7, 1997, Resolution
478-97 on November 17, 1997, Resolution 15-08 on January
7, 2008, Resolution 101-08 on March 17, 2008, Resolution
109-08 on April 7, 2008, Resolution 87-11 on March 7, 2011,
Resolution 171 -13 on June 3, 2013 and Resolution/9715
on June 1, 2015.
Prepared by the Economic Development Department.
Version 2015.1
TABLE OF CONTENTS
A. INTRODUCTION..................................................................................................3
B. OBJECTIVES.......................................................................................................3
C. DISTRICT BOUNDARIES....................................................................................4
D. PUBLIC PURPOSE ACTIVITIES.........................................................................5
E. DEVELOPMENT & REDEVELOPMENT REQUIREMENTS................................7
F. LAND ACQUISITION AND DISPOSITION ..........................................................8
G. FINANCING ACTIVITIES.....................................................................................9
H. STATE AND LOCAL REQUIREMENTS............................................................ 11
I. DURATION OF APPROVED URBAN RENEWAL PLAN.................................. 11
J. SEVERABILITY ................................................................................................. 12
K. AMENDMENT OF APPROVED URBAN RENEWAL PLAN.............................. 12
L. ATTACHMENTS ................................................................................................ 12
2
AMENDED and RESTATED
DUBUQUE INDUSTRIAL CENTER ECONOMIC DEVELOPMENT DISTRICT
URBAN RENEWAL PLAN
City of Dubuque, Iowa
A. INTRODUCTION
This AMENDED and RESTATED URBAN RENEWAL PLAN (the "Plan") has been
prepared to provide for the further development and redevelopment of the DUBUQUE
INDUSTRIAL CENTER ECONOMIC DEVELOPMENT DISTRICT (the "District') first
established by the City of Dubuque on May 2, 1988. Its intent is to stimulate economic
development activities within the expanded District through the commitment of public
actions as specified herein.
To achieve this objective, the City of Dubuque shall undertake the urban renewal
actions specified in this Plan, pursuant to the powers granted to it under Chapter 403 of
the Iowa Code, Urban Renewal Law.
This Plan is an amendment and restatement of the Dubuque Industrial Center
Economic Development District Urban Renewal Plan adopted by Resolution 130-88 of
the City Council of the City of Dubuque, Iowa on May 2, 1988 and subsequently
amended by Resolution 484-90 on December 17, 1990, Resolution 142-97 on April 7,
1997, Resolution 478-97 on November 17, 1997, Resolution 15-08 on January 7, 2008,
Resolution 101-08 on March 17, 2008, Resolution 109-08 on April 7, 2008, Resolution
87-11 on March 7, 2011 , and Resolution 171-13 on June 3, 2013. This Plan shall serve
as a new urban renewal plan for the District described herein.
The division of taxation authorized by Section 403.19 and the separation of incremental
taxes as defined in Section 403.19(2) have been implemented in the existing area of the
District (the different areas of the District are hereinafter referred to as Subareas).
Under the terms of this Amended and Restated Plan, the tax increment mechanism
shall be continued and implemented within a new Subarea being added to the District.
Incremental taxes shall continue to be determined separately with respect to each of the
Subareas comprising the District, and when collected shall be applied, subject to such
liens and priorities as may exist or be from time to time provided, with respect to the
Amended and Restated Dubuque Industrial Center Economic Development District, as
so amended.
B. OBJECTIVES
The primary objectives of the Plan are the development and redevelopment of the
District for economic development activities, primarily industrial park development,
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through:
1 . Provision of marketable industrial development sites for the purpose of
job-creating economic development activities;
2. Provision of public infrastructure improvements, including sanitary sewer,
water and stormwater detention, supportive of full development of the
District;
3. Provision of a safe, efficient and attractive circulation system;
4. Establishment of design standards which will assure cohesive and
compatible development and redevelopment of the District;
5. Provision of public amenities that provide an aesthetically appealing
environment, including open space, buffering, landscaping, water features,
signage and lighting to create a distinctive and attractive setting;
6. Creation of financial incentives necessary to encourage new and existing
businesses to invest in the District; and
7. Expansion of the property tax base of the District.
C. DISTRICT BOUNDARIES
The District is located entirely within the County of Dubuque, State of Iowa. Most of the
District, including all of Subareas A, B, C, D, and E currently is within the corporate
limits of the City of Dubuque. In accordance with Iowa Code Section 403.17(4),
Dubuque County consented to the inclusion of Subarea F in the District in a Joint
Agreement between the City and County, dated April 20, 2015. The City expects that
Subarea F ultimately will become part of the City of Dubuque.
The City of Dubuque believes that the objectives of the Plan can best be accomplished
by defining the real property included within the District as six separate areas so as to
distinguish the original District (Subarea A) from the subsequent expansion areas
(Subareas B, C, D, E, and F).
The descriptions of the boundaries of each Subarea are attached to this Plan as
ATTACHMENT D, District Boundary Description by Subarea.
The boundaries of the District are delineated on the Subarea Map, attached to this Plan
as ATTACHMENT A.
The City of Dubuque reserves the right to further modify the boundaries of the District at
some future date. Any amendments to the Plan will be completed in accordance with
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Chapter 403 of the Iowa Code, Urban Renewal Law.
D. PUBLIC PURPOSE ACTIVITIES
To meet the OBJECTIVES of this Plan, the City of Dubuque has and expects to
continue to initiate and support development and redevelopment of the District through,
among other things, the following PUBLIC PURPOSE ACTIVITIES:
1 . Acquisition of property for public improvements and private development;
a.) These activities include, but are not limited to, previously
approved consultant work that will examine and identify future
areas for acquisition and industrial park development.
b.) These activities also include the acquisition of property that is
included in Subarea F of this Plan.
2. Demolition and removal of buildings and improvements not compatible
with or necessary for industrial park development and all site preparation
and grading required in connection with such development;
a.) These activities include, but are not limited to, the previously
approved site work and grading associated with the
development of the Dubuque Industrial Center, the Dubuque
Industrial Center West and Dubuque Industrial Center South,
including the new Subarea F.
3. Improvement, installation, construction and reconstruction of streets,
utilities and other improvements and rights-of-ways including but not
limited to the relocation of overhead utility lines, street lights, construction
of railroad spur tracks, appropriate landscaping and buffers, parks and
open space and signage;
a.) These activities include, but are not limited to, the previously
approved development of road, water, wastewater, and storm
water infrastructure associated with the development of the
Dubuque Industrial Center, the Dubuque Industrial Center West
and the Dubuque Industrial Center South.
b.) These activities include, but are not limited to, the previously
approved development of the Bergfeld recreational area, pond,
and walking trail, as well as additional signage and trail
improvements.
c.) These activities also include the construction and installation of
supporting infrastructure within the new Subarea F.
5
4. Disposition of any property acquired in the District, including sale, initial
leasing or retention by the City itself, at its fair value;
5. Preparation of property for development and redevelopment purposes
including but not limited to activities such as appraisals and architectural
and engineering studies;
b.) These activities include, but are not limited to, the previously
approved site work and grading associated with the
development of the Dubuque Industrial Center, the Dubuque
Industrial Center West and Dubuque Industrial Center South.
6.) Maintenance of publicly utilized recreational and economic development
areas;
a.) These activities include, but are not limited to, general
landscaping and maintenance expenses in public right-of-way
and undeveloped land owned by the City of Dubuque.
7. Use of tax increment financing, loans, grants and other appropriate
financial tools in support of eligible public and private development and
redevelopment efforts;
a) These activities also include, but are not limited to,
previously approved property tax rebate agreements with:
• Leo A. Theisen and Theisen Supply, Inc.;
• A.Y. McDonald Mfg. Co.;
• Green Industrial Supply;
• Walter Development, LLC and TM, Inc.;
• Spiegel Family Realty Company;
• Progressive Processing, LLC;
• ITC Midwest LLC;
• Medline Industries, Inc.;
• Art's-Way Vessels, Inc.;
• Kendall/Hunt Publishing Company, Westmark
Enterprises, Inc. and Great River Technologies, LLC.;
• P&L Venture, LLC, and National Dentex;
• Dubuque Screw Products, Inc.;
• Giese Properties, LLC and Giese Manufacturing
Company, Inc. (Phase I and II);
• Faley Properties, L.L.C. and Faley Enterprises, Inc.
• Malay Holdings, LLC, and Vanguard Countertops, Inc.
• Tri-State Industries
• Tri State Quality Metals, LLC
6
a.) These activities include, but are not limited to, previously
approved agreements to sell bonds, leveraging tax increment
financing on capital improvement for;
• American Tank and Fabrication, Co. (formerly Vessel
Systems, Inc.) for the development of a 31 ,000 square
feet industrial manufacturing facility at 8025 Chavenelle
Road.
• The Adams Company for the development of a 50,000
square foot industrial facility at 8040 Chavenelle Road.
8. Enforcement of applicable local, state and federal laws, codes and
regulations;
9. Enforcement of established design standards in furtherance of quality
development;
10. Development and implementation of a marketing program for the purpose
of promoting the purchase and development of industrial sites by private
developers;
11 . Coordination and cooperation with the improvement of Seippel Road as it
affects Subarea B's accessibility to U.S. Highway 20.
12. Contracts with vendors to promote business retention, expansion,
recruitment, and workforce development;
a.) These activities include, but are not limited to, a contract for
service with the Greater Dubuque Development Corporation to
promote business retention and expansion, workforce
development, new business recruitment and retail expansion in
the District.
Public purpose activities are limited to those areas delineated on the URBAN
RENEWAL DISTRICT map (Attachment A).
All public purpose activities shall be conditioned upon and shall meet the restrictions
and limitations placed upon the District by the Plan.
E. DEVELOPMENT & REDEVELOPMENT REQUIREMENTS
The LAND USE and PLANNING AND DESIGN CRITERIA set forth herein shall apply to
any and all District properties the development and/or the redevelopment of which is
assisted by the City through any of the PUBLIC PURPOSE ACTIVITIES listed above.
7
1 . Land Use
Subareas A, B, C, D, E, and F shall continue to be developed under the
regulations of the existing Dubuque Industrial Center Planned Industrial District.
The allowed uses provide for a mix of commercial and industrial land use
activities within a quality industrial park setting.
LAND USE maps (Attachments B-1 and B-2) identify the existing and the
proposed land uses within Subareas A, B, C, D, E, and F.
2. Planning and Design Criteria
The planning criteria to be used to guide the physical development of Subareas
A, B, C, D, E, and F are those standards and guidelines contained within the City
of Dubuque's Unified Development Code and other applicable local, state and
federal codes and ordinances.
a. Subarea A development will continue to be additionally governed by the
Conditions of Development and Operation Documents of the Dubuque
Industrial Center Planned Industrial District as amended from time to time.
b. Subareas B, C, D, and E will develop under a PI Planned Industrial District
ordinance as required by Section 16-5-24 of the City of Dubuque's Unified
Development Code. Development will follow the Planned Unit
Development regulations which require a conceptual development plan
and specific design and performance standards to be approved by
ordinance.
C. Subarea F is intended to develop as an Industrial area similar to Subareas
B, C, D, and E.
F. LAND ACQUISITION AND DISPOSITION
The City of Dubuque is prepared to acquire and dispose of property in support of the
development and redevelopment of the District within the parameters set forth below.
1. Land Acquisition
The City expects to acquire all of the land located within Subarea F and to make
the same available for private development in accordance with this Plan.
2. Land Disposition
8
Publicly held land will be sold for the development of viable uses consistent with
this Plan and not for purposes of speculation.
Land will be disposed of in accordance with the requirements set forth in Chapter
403 of the Iowa Code, Urban Renewal Law. Developers will be selected on the
basis of the quality of their proposals and their ability to carry out such proposals
while complying with the requirements of this Plan.
Developers will be required by contractual agreement to observe the Land Use
Requirements and Planning and Design Criteria of this Plan. The contract and
other disposition documents will set forth the provisions, standards and criteria
for achieving the objectives and requirements outlined in this Plan.
3. Relocation Requirements
No relocation is anticipated at this time.
G. FINANCING ACTIVITIES
To meet the OBJECTIVES of this Plan and to encourage the development of the District
and private investment therein, the City of Dubuque is prepared to provide financial
assistance to qualified industries and businesses through the making of loans or grants
under Chapter 15A of the Iowa Code and through the use of tax increment financing
under Chapter 403 of the Iowa Code.
1 . Chapter 15A Loan or Grant
The City of Dubuque has determined that the making of loans or grants of public
funds to qualified industries and businesses is necessary to aid in the planning,
undertaking and completion of urban renewal projects authorized under this Plan
within the meaning of Section 384.24(3)(q) of the Iowa Code. Accordingly, in
furtherance of the objectives of this Plan, the City of Dubuque may determine to
issue bonds or loan agreements, in reliance upon the authority of Section
384.24A, Section 384.24(3)(q), Section 403.12 (general obligation bonds) or
Section 403.9 (tax increment bonds), for the purpose of making loans or grants of
public funds to qualified businesses located within the District. Alternatively, the
City may determine to use available funds for the making of such loans or grants.
In determining qualifications of recipients and whether to make any such
individual loans or grants, the City of Dubuque shall consider one or more of the
factors set forth in Section 15A.1 of the Iowa Code on a case-by-case basis.
2. Tax Increment Financing
The City of Dubuque is prepared to utilize tax increment financing as a means of
financing eligible costs incurred to implement the Public Purpose Activities
9
identified in Part D of this Plan. Bonds, tax rebate agreements and\or loan
agreements may be issued by the City under the authority of Section 403.9 of the
Iowa Code (tax increment bonds) or Section 384.24A, Section 384.24(3)(q) and
Section 403.12 (general obligation bonds).
The City acknowledges that the use of tax increment revenues delays the ability
of other local taxing bodies to realize immediately the direct tax benefits of new
development in the District. The City believes, however, that the use of tax
increment revenues to finance the development of new industrial land and to
promote private investment in the District is necessary in the public interest to
achieve the OBJECTIVES of this Plan. Without the use of this special financing
tool, new investment may not otherwise occur or may occur within another
jurisdiction. If new development does not take place in Dubuque, property values
could stagnate and the City, County and School District may receive less taxes
during the duration of this Plan than they would have if this Plan were not
implemented.
Tax increment financing will provide a long-term payback in overall increased tax
base for the City, County and School District. The initial public investment
required to generate new private investment will ultimately increase the taxable
value of the District well beyond its existing base value.
Tax increment reimbursement may be sought for, among other things, the
following costs to the extent they are incurred by the City:
a. Planning and administration of the Plan;
b. Construction of public infrastructure improvements and facilities within the
District;
C. Acquisition, installation, maintenance and replacement of public
investments throughout the District including but not limited to street lights,
landscaping and buffers, signage and appropriate amenities;
d. Acquisition of land and/or buildings and preparation of same for sale or
lease to private developers, including any "write down" of the sale price of
the land and/or building;
e. Preservation, conservation, development or redevelopment of buildings or
facilities within the District to be sold or leased to qualified businesses;
f. Loans or grants to qualified businesses under Chapter 15A of the Iowa
Code, including tax rebate payments, debt service payments on any
bonds issued to finance such loans or grants, for purposes of expanding
the business or activity, or other qualifying loan programs established in
support of the Plan; and
10
g. Providing the matching share for a variety of local, state and federal grants
and loans.
h. Any of the costs incurred in connection with any of the PUBLIC PURPOSE
ACTIVITIES described in Part D of this Plan.
3. Proposed Amount of Indebtedness
At this time, the extent of improvements and new development within the District
is only generally known. As such, the amount and duration for use of the tax
increment revenues for public improvements and/or private development can
only be estimated; however, the actual use and amount of tax increment
revenues to be used by the City for District activities will be determined at the
time specific development is proposed.
It is anticipated that the maximum amount of indebtedness which will qualify for
tax increment revenue reimbursement during the duration of this Plan, including
acquisition, public improvements and private development assistance within the
District, will not exceed $50,000,000.
The City of Dubuque's current general obligation debt is $126,647,973 (a list of
the outstanding obligations is found at Attachment C) and the applicable
constitutional debt limit is $196,031 ,074 for the Fiscal Year ending June 30,
2016, which is the fiscal year immediately following the update of this Plan.
H. STATE AND LOCAL REQUIREMENTS
All provisions necessary to conform with state and local laws have been complied with
by the City of Dubuque in the implementation of this Plan and its supporting documents.
I. DURATION OF APPROVED URBAN RENEWAL PLAN
1 . Subarea A
This Plan shall continue in effect for Subarea A until terminated by action of the
City Council, but in no event before the City of Dubuque has received full
reimbursement from all incremental taxes of its advances and principal and
interest payable on all Tax Increment Financing or general obligations issued to
carry out the OBJECTIVES of the Plan.
2. Subareas B, C, D, E, and F
This Plan shall continue in effect until terminated by the City Council; provided,
however, that the collection of tax increment revenues from properties located in
Subareas B, C, D, E, and F shall be limited as provided by law (currently twenty
(20) years from the calendar year following the calendar year in which the City
11
first certifies to the County Auditor the amount of any loans, advances,
indebtedness or bonds which qualify for payment from the division of tax
increment revenue provided for in Section 403.19 (tax increment financing) of the
Iowa Code.)
The DEVELOPMENT AND REDEVELOPMENT REQUIREMENTS established, or as
amended from time to time by the City of Dubuque Zoning Ordinance, shall remain in
effect in perpetuity.
J. SEVERABILITY
In the event one or more provisions contained in this Plan shall be held for any reason
to be invalid, illegal, unauthorized or unenforceable in any respect, such invalidity,
illegality, unauthorization or unenforceability shall not affect any other provision of this
Plan and this Urban Renewal Plan shall be construed and implemented as if such
provision had never been contained herein.
K. AMENDMENT OF APPROVED URBAN RENEWAL PLAN
This Plan may be amended from time to time to respond to development opportunities.
Any such amendment shall conform to the requirements of Chapter 403 of the Iowa
Code. Any change effecting any property or contractual right can be effectuated only in
accordance with applicable state and local law.
L. ATTACHMENTS
A Urban Renewal District Map
B Land Use Maps
B-1 Existing Land Use
B-2 Proposed Land Use
C List of General Obligation Debt
D Legal Description
12
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City of Dubuque
Summary of Bonded Indebtedness
Date Net Year of Amount Principal Principal Interest Principal
Description of Interest Final of Outstanding Due Due Outstanding
Issue Rate Payment Issue 6/30/15 FY 2016 FY 2016 6/30/16
General Obligation Bonds
(Essential Corporate Purpose)
Water Main and Water Tower-Refunded 12-01-02 3.8187% 2017 3,105,000 385,000 190,000 4,812 195,000
Stou,water Improvements 09-15-03 42750% 2023 2,110,000 1,025,000 110,000 45,765 915,000
Stou,water Improvements 0418-05 42421% 2024 1,750,000 990,000 90,000 42,582 900,000
DICWExpansion Taxable 11-0412 12193% 2016 2995,000 325,000 325,000 3,250 -
DICWExpansion-Non Taxable 0418-05 4.1240% 2021 4,270,000 3,050,000 150,000 126,135 2900,000
Refinanced Portions 5th/3rd Skis,Ramps 11-0412 12193% 2021 3360,000 3503,000 715,000 44,688 2,788,000
Refinanced Portions of T-Hangars 11-0412 12193% 2020 165,000 267,000 50,000 3,506 217,000
Stou,water Improvements 05-02-06 4.0665% 2025 2900,000 1,830,000 150,000 74,885 1,680,000
Sewer System Improvements&Ext 12-01-07 3.6596% 2017 1,055,000 265,000 130,000 9,608 135,000
Stou,water Improvements 11-04-08 45702% 2028 3,885,000 2,875,000 170,000 128902 2,705,000
Kephaft s Building 11-04-08 42334% 2024 377,055 230,090 24,605 9,516 205,485
Library Renovation 11-04-08 42334% 2024 2,457945 1,499910 160395 62,034 1 339 515
DICWExpansion-NonTaxable11-04-08 42334% 2023 455,000 275,000 30,000 11375 245,000
DICWExpansion Taxable 11-04-08 55369% 2018 2,465,000 1205,000 375,000 66,275 830,000
Airport Improvements 11-05-09 32913% 2029 230,000 180,000 10,000 8,910 170,000
Fire Truck Replacement 11-05-09 32913% 2029 1,410,000 1,115,000 65,000 55,060 1,050,000
Fiber Optic Paving 11-05-09 32913% 2029 100,000 75,000 5,000 3,685 70,000
Streetlight Replacement 11-05-09 32913% 2018 40,000 15,000 5,000 605 10,000
Stou,water Improvements 11-05-09 32913% 2029 1,155,000 915,000 50,000 45190 865,000
Central Ave Parking Ramp 11-05-09 32325% 2029 9310,000 7365,000 415,000 361532 6950,000
DICW-NorthSiegert Improvements 11-05-09 32325% 2029 1,865,000 1,480,000 85,000 72,582 1 395,000
America's River Refunding 11-05-09 2.7913% 2021 8,885,000 4,795,000 720,000 191,800 4,075,000
MainStreet-Refunding 08-02-10 24203% 2021 705,000 410,000 60,000 10,932 350,000
Airport 08-02-10 32838% 2030 176361 147318 7,729 4,860 139589
Smart Meters for City Buildings 08-02-10 32838% 2030 62,835 52,488 2,754 1,732 49,734
Park Water System Study 08-02-10 32838% 2030 83518 69,766 3,660 2302 66106
Refuse 08-02-10 32838% 2030 69946 58,427 3,065 1,928 55362
Stou,water Improvements 08-02-10 32838% 2030 1,667,481 1392,890 73,077 45,952 1319,813
Public Works Equipment Replacement 08-02-10 32838% 2030 542,488 453,154 23,774 14,950 429380
Street Improvements 08-02-10 32838% 2030 270,822 226223 11,868 7,462 214355
Sanitary Improvements 08-02-10 32838% 2030 891550 744,734 39,072 24,569 705,662
Downtown Housing RFP/40 Main 08-02-10 4.6650% 2030 2,675,000 2305,000 100,000 104,028 2205,000
Millwork District Parking 08-02-10 33265% 2030 2,825,000 2360,000 120,000 76,000 2240,000
Southwest Arterial 08-01-11 33045% 2031 1,029285 900,827 43903 30,486 856924
Refuse 08-01-11 33045% 2031 36,615 32,045 1562 1,084 30,483
Sanitary Sewer Improvements 08-01-11 33045% 2031 1374,068 1 202 581 58,609 40,697 1,143972
Stou,water Improvements 08-01-11 33045% 2031 2 287 260 2,001,805 97561 67,744 1 904 244
Iowa Street Ramp Improvements 08-01-11 33045% 2031 60,720 53142 2590 1,798 50,552
Water System Improvements 08-01-11 33045% 2031 1542,052 1 349 599 65,775 45,672 1283,824
18th Street Building Improvements 08-01-11 35863% 2026 620,041 503,053 38996 17378 464,057
DICWExpansion-South Siegert Farr, 08-01-11 35863% 2026 378965 307,463 23,834 10,622 283,629
Date Net Year of Amount Principal Principal Interest Principal
Description of Interest Final of Outstanding Due Due Outstanding
Issue Rate Payment Issue 6/30/15 FY 2016 FY 2016 6/30/16
General Obligation Bonds -
(Essential Corporate Purpose) -
PortofDubuqueParkingRamp 08-01-11 35863% 2026 590994 4]9,48] 3],169 16,564 442318
Intermodal 02-06-12 25444% 2031 4380,000 39]0,000 210,000 94,912 3,]60,000
Stou,water Improvements 02-06-12 2.]031% 2031 1935,000 1,685,000 90,000 4],544 1595,000
7thStreeU2-Way Conversion 02-06-12 2.]031% 2031 5560,000 5,040,000 265,000 125,494 4,]]5,000
Washington Neighborhood Business Incentives 06-04-12 319]2% 2032 ]55,000 ]20,000 35,000 21,505 685,000
Airport Improvements 06-04-12 3.19]2% 2032 90,000 ]0,000 10,000 1,485 60,000
Airport Improvements 06-04-12 3.19]2% 2032 2,145,000 1960,000 95,000 58,5]8 1,865,000
DICWExpansion-South Siegert Farr-Taxable 06-04-12 3.19]2% 2032 39]5,000 3,635,000 1]5,000 108,660 3,460,000
DICWExpansion-South Siegert Fa,n-Non taxablk 06-04-12 2.]903% 2032 425,000 395,000 20,000 12162 3]5,000
Airport Utility Extension-TechSouth-Const 06-04-12 2.]903% 2018 945,000 580,000 185,000 17,400 395,000
FirePumper 06-04-12 2.]903% 2027 269,800 234300 1],]50 ],029 216550
Fire Station#4 Improvements 06-04-12 2.]903% 2022 65,000 55,000 5,000 1,650 50,000
E911 Tower Relocation 06-04-12 2.]903% 2027 235,800 20],000 14,400 6,210 192,600
Park Improvements-15 Year Bonds 06-04-12 2.]903% 2027 65500 5],500 4,000 1,]25 53,500
Civic Center Improvements 06-04-12 2.]903% 2027 550200 483,000 33,600 14,490 449,400
Conference Center Improvements 06-04-12 2.]903% 2022 60200 51,600 4300 1,548 4]300
Recreation Improvements-10 year bonds 06-04-12 2.]903% 2022 9,800 8,400 700 252 ],]00
Library Improvements 06-04-12 2.]903% 2022 65500 5],500 4,000 1,]25 53,500
City Hall Bnckwork 06-04-12 2.]903% 2027 393,000 345,000 24,000 10350 321,000
FEMA Land Buyout 06-04-12 2.]903% 2027 110200 95,]00 ]250 2,8]1 88,450
Locust Ramp Secunty Cameras 06-04-12 2.]903% 2033 1]5,000 165,000 5,000 5,063 160,000
Sanitary Sewer Improvements 06-04-12 2.]903% 2033 1560,000 1,430,000 65,000 44,044 1365,000
Stou,water Improvements 06-04-12 2.]903% 2033 405,000 3]5,000 15,000 11,550 360,000
Water System Improvements 06-04-12 2.]903% 2033 1,840,000 1,690,000 80,000 52,050 1,610,000
DICWExpansion-Consultant 11-04-12 2533]% 2032 151,44] 144,]23 ],0]8 3,452 13],645
Airport Utility Extension-Tech South-Design 11-04-12 2533]% 2018 50562 36,912 12,600 756 24312
Granger Creek Trail-TechSouth 11-04-12 2533]% 2018 194,854 143504 47,400 2,844 96104
GDTIF ADA Restroom 11-04-12 2533]% 2032 222,043 212333 10221 4,985 202,111
GDTIF Sidewalks to MCAleece 11-04-12 2533]% 2032 105,1]8 100,]64 4,646 2,266 96118
GDTIF MCFC Second Floor Renovation 11-04-12 2533]% 2032 1,413351 1350,6]5 65 975 32 175 1284,]00
GDTIF Rail Platter, 11-04-12 2533]% 2032 24]563 236,08] 12,080 5,891 224,00]
GDTIF MCIC Improvements 11-04-12 1.]008% 2032 256,88] 226,88] 31 250 3,640 195,63]
GDTIF Wash Neighborhood Business Grants 11-04-12 1.]008% 2032 302220 267,420 36250 4222 231,1]0
GDTIF Business ADAAssistance 11-04-12 1.]008% 2032 25,150 22,]50 2500 291 20250
GDTIF DT Housing Incentives 11-04-12 1.]008% 2032 1]3,]]6 153 376 21250 2,475 132,126
GDTIF Financial Consultant Grant 11-04-12 1.]008% 2032 100,]05 88,]05 12500 1,456 76 205
GDTIF DT Facade Grant 11-04-12 1.]008% 2032 151,110 133,110 18,]50 2184 114360
GDTIF Hist Distinct Improvements Grant 11-04-12 1.]008% 2032 25,150 22,]50 2500 291 20250
Police Software Replacement 11-04-12 24872% 2022 356,]20 290 570 34,650 5,843 255920
Park Improvements-10 Yearbonds 11-04-12 24872% 2022 211,120 172 270 20350 3,432 151920
Park Improvements-10 Yearbonds 11-04-12 24872% 2022 1]1,808 144208 13,800 2,8]5 130,408
Recreation Improvements-10 yearbonds 11-04-12 24872% 2027 14924 12,524 1200 250 11324
Library Improvements 11-04-12 24872% 2027 173 992 153992 10,000 3394 143992
Southwest Arterial 11-04-12 24872% 2032 1282372 1,168,8]8 56,]4] 28,660 1,112,131
Sanitary Forecmain Repair 11-04-12 24872% 2032 652,652 594,836 28908 14,600 565928
7th Street Stormwater lmprevments 11-04-12 24872% 2032 133952 122,098 5 92 2,993 116,1]1
Water System Improvements 11-04-12 24872% 2032 642,460 585,624 28,418 14353 55]206
Sales Tax Revoke FMP-GO O5-19-14 32309% 2029 ],190,000 ],190,000 - ],190,000
GDTIFTax-ExemptProjects 11-17-14 33000% 2034 190,000 190,000 5,904 190,000
Sales Tax 20%10 Year 11-17-14 33000% 2025 ]15,000 ]15,000 65,000 14,820 650,000
Sales Tax 20%15 Year 11-17-14 33000% 2026 55,000 55,000 5,000 1 17 50,000
Sales Tax 20%20 Year 11-17-14 33000% 2034 320,000 320,000 15,000 8,9]6 305,000
Sales Tax 30%]Year 11-17-14 33000% 2022 305,000 305,000 40,000 5200 265,000
Sales Tax 30%20 Year-Engineering 11-17-14 33000% 2034 1250,000 1250,000 55,000 35,427 1,195,000
Gaming 15 Year 11-17-14 33000% 2030 260,000 260,000 15,000 6,639 245,000
PFC20Year 11-17-14 33000% 2034 690,000 690,000 30,000 19,560 660,000
Water 20 Year 11-17-14 33000% 2034 9,180,000 9,180,000 395,000 260245 8,]85,000
Sewer 20 Year 11-17-14 33000% 2034 5,6]0,000 5,6]0,000 245,000 160,]25 5,425,000
Parking 20 Year 11-17-14 33000% 2034 180,000 180,000 5,000 5,05] 1]5,000
GDTIF Taxable 11-17-14 39900% 2034 5,6]0,000 5,6]0,000 - 216356 5,6]0,000
DICWTaxable 11-17-14 39900% 2034 1,640,000 1,640,000 90,000 54,0]2 1550,000
Parking Taxable 11-17-14 39900% 2034 305,000 305,000 10,000 10328 295,000
Dubuque Initiatives Loan Guaranty(Ends 2025) Future 35000% 2017 10,000,000 10,000,000 10,000,000
Sales Tax Revoke FMP-Non-Apprepnation Future TBD 2029 19,500,000 806 579 - 806,5]9
FYI Planned Projects Future 35000% 2035 500,000 481,]4] 1]342 19,098 464,405
FYI Housing TIF Future 35000% 2024 2500,000 2500,000 - 100,000 2500,000
Franchise Fee Settlement Judgment Bond Future 35000% 2034 2,600,000 - 96 573 88,516 2503,42]
Water Planned Projects Future 35000% 2034 6934,438 - - 70,455 1,451,168
Stou,water Planned Projects Future 35000% 2034 15,000,000 - - - -
Sewer Planned Projects Future 35000% 2034 93]8,812 - 56,091 99,]31 2 933 909
Sales Tax 20%-10 Year Planned Projects Future 35000% 2024 2,881,622 - 9,]10 6,9]0 206935
Sales Tax 20%-20 Year Planned Projects Future 35000% 2035 1259,801 - 30,490 25,5]5 773 311
Sales Tax 30%-20 Year Planned Projects Future 35000% 2035 1201,800 - 11,]61 20,911 638239
TIF Planned Projects Future 35000% 2040 52]5,060 - -
FY21Planned Projects&Beyond Future 35000% 2041 5,000,000
Total General Obligation Bonds 220 961 530 125,818324 ],881,965 3,926,819 126,64],9]3
Date Net Year of Amount Principal Principal Interest Principal
Description of Interest Final of Outstanding Due Due Outstanding
Issue Rate Payment Issue 6/30/15 FY 2016 FY 2016 6/30/16
Tax Increment
Vessel Systems(DICW) 12-30-03 8 0% 2015 140,000 - - - -
PortofDubuqueParkingRamp 10.16-07 ]5000% 2037 23,025,000 213]0,000 410,000 1,602,]50 20960,000
Adams Company G.0 TIF(DICW) 02-1304 4.0]% 2015 500,000 - - - -
TotalTaxlncrementBonds 23,665,000 213]0,000 410,000 1,602,]50 20960,000
Lower Main Development,LLC TO Note 06-30.04 8.00% 2016 182,000 25,009 25,009 606 -
Theisen Supply,Inc TO Note(DICW) 11-22-06 825% 2018 812,000 312500 96,162 23,83] 216338
40 Main(GOLD) 08-06-09 2020 690529 466,487 65 719 29,690 400 768
Total Tax Increment Notes 2,021529 803996 186,890 54133 61],106
Total Tax Increment 25,686529 22,1]3996 596,890 1,656,883 215]],106
Economic Development TIF Rebate Agreements
P&L Ventures (DICW) 01-01-06 Rebate 2018 143,050 86,059 28,686 - 5]3]3
Dubuque Screw (DICW) 01-01-07 Rebate 2019 231,180 163,838 40959 - 122,8]9
Tri-States (DICW) 01-01-04 Rebate 2017 3]4,690 104342 52,1]1 - 52 171
ArtsWay (DICW) 01-01-07 Rebate 2019 543,650 143268 4],]56 - 95,512
Spiegel Spec (DICW) 01-01-07 Rebate 2019 305,880 643950 214,650 - 429300
Kendall Hunt (DICW) 01-01-07 Rebate 2019 1,650920 380,411 126,804 - 253,60]
Hormel Foods (DICW) 01-01-07 Rebate 2021 625,000 4,0]1,]51 6]8,625 - 3393,126
Vanguard (DICW) 01-01-06 Rebate 2022 531212 105,8]1 35290 - ]0,581
Medline (DICW) 01-01-07 Rebate 2019 625,000 5]1,1]] 190392 - 380,]85
Giese Properties II (DICW) 01-01-07 Rebate 2019 56950 16 171 4,043 - 12128
Faley Properties(DICW) 01-01-12 Rebate 2023 1,04],]30 60],]16 86,81] - 520,899
TM Logistics(Walter)(DICW) 01-01-11 Rebate 2019 141,]55 126 237 42,0]9 - 84158
Green Industrial Supply(DICW) 01-01-11 Rebate 2019 639,850 2,419,459 302,432 - 2,11],02]
Franklin Investment(GOLD) 01-01-12 Rebate 2027 165,495 504,682 38,822 - 465,860
Candace(GDTIF) 01-01-13 Rebate 2028 1 266999 1,169538 97,461 - 1,0]2,0]]
Spann and Rose(GOLD) 01-01-12 Rebate 2015 6,046 - - -
-
NottinghamProperties(GDTIF) 01-01-12 Rebate 2027 2,010 1,210 93 - 1 11
Plastic Center(GDTIF) 01-01-12 Rebate 2027 3,255 21,901 7,492 - 14,409
Engine House#1(GDTIF) 01-01-12 Rebate 2022 22,428 13],0]6 11,423 - 125,653
Flexsteel(GDTIF) 01-01-12 Rebate 2022 92,440 1,6209]2 180,108 - 1,440,864
44 Main(GDTIF) 01-01-12 Rebate 2022 34],830 302 970 2]543 - 2]5,42]
The Crust(GOT IF) 01-01-10 Rebate 2025 225500 201,1]0 16,]64 - 184,406
Heartland Financial(GDTIF) 01-01-03 Rebate 2015 ]11,830 - - -
-
McGrawHillll(GDTIF) 01-01-03 Rebate 2018 4,826300 1,1]6,]05 392235 - ]84,4]0
Hartig(GDTIF) 01-01-07 Rebate 2019 101,]30 39,52] 9,881 - 29,646
POD Adam's Cc(GDTIF) 01-01-07 Rebate 2020 656,060 - - -
-
GermanBank(GDTIF) 01-01-01 Rebate 2020 66280 4],6]6 9535 - 38141
Star Brewery(GOLD) 01-01-06 Rebate 2020 152],050 335,832 6],148 - 268,684
Roshek Building(GOLD) 01-01-06 Rebate 2030 152],050 3 566 941 23],]96 - 3329,145
Interstate Building(GOLD) 01-01-06 Rebate 2020 171 380 89192 1],838 - 71 354
Date Net Year of Amount Principal Principal Interest Principal
Description of Interest Final of Outstanding Due Due Outstanding
Issue Rate Payment Issue 6/30/15 FY 2016 FY 2016 6/30/16
Tax Increment
Victory Cafe(GDTIF) 01-01-10 Rebate 2023 74,370 65,757 8,422 - 57,335
Julien Hotel(GDTIF) 01-01-07 Rebate 2026 492940 2,050,764 186,433 - 1,864331
C&B Secunty(GDTIF) 01-01-07 Rebate 2021 492940 75,002 12500 - 62,502
Monison Brothers(GOLD) 01-01-10 Rebate 2023 153200 144587 20,655 - 123,932
Benson(GDTIF) 01-01-13 Rebate 2028 150,859 140,802 10,057 - 130,745
Rouselot(GDTIF) 01-01-15 Rebate 2025 19,776 17,798 1978 - 15,820
Quebecor(GOLD) 01-01-08 Rebate 2021 101,770 - - -
Dubuque Stamp(Dubuque Malting&Brewing) 01-01-06 Rebate 2021 251 240 - - -
-
TheRose(HolyGhost) 01-01-12 Rebate 2021 139,422 125,480 13942 - 111,538
Kunkel Bounds(Technology Park South) 01-01-06 Rebate 2018 531212 141328 47,110 - 94218
L&J Properties (Technology Park South) 01-01-07 Rebate 2019 365,870 136,077 34,019 - 102,058
Conlon Johnson (Technology Park South) 01-01-07 Rebate 2019 594990 451235 112,808 - 338,427
Straka Johnson (Technology Park South) 01-01-07 Rebate 2019 154320 76,632 19,158 57,474
Total TIF Rebates 22159,460 22,081,105 3,431925 - 18,649,180
General Funded Leases Various Vanous On-going 135,000 135,000 135,000
Other Loans-Revenue Backed
Iowa Finance Authority Loan-Paradox 12-01-10 3.0000% 2030 4,500,000 4500,000 - 76,000 4500,000
Tri-State Building Purchase 02-09-10 0.0000% 2016 330,000 47142 47,142
Total Other Lns-RevBacked5,427945 4547,142 47,142 76,000 4500,000
Total City Indebtedness Subject to Debt Limit 274370,463 174,755567 11,957922 5,659702 171,509259
Revenue Bonds
Water-Clear Well Reservoirs 10-01-07 325% 2028 915,000 655,000 41,000 25,057 614,000
Water System Improvements&Ext. 11-04-08 471% 2023 1,195,000 755,000 80,000 44,882 675,000
Briclutown Parking Lot 12-01-08 5.0000% 2023 400,000 262,056 25,434 12,788 236,622
Water System Improvements&Ext. 08-16-10 354% 2030 5,700,000 4940,000 205,000 186575 4,735,000
Water&Resource Recovery Upgrade(Includes Co, 08-18-10 325% 2039 74285,000 67,832,000 2309,000 1291,003 65523,000
WRRC Cogeneration 05-17-13 2.00% 2033 3,048,000 2795,000 131,000 55,901 2,664,000
Northfork Catfish Sanitary Improvements 12-28-06 325% 2031 688371 555,759 26975 20331 528,784
Northfork Catfish StoUnwater Improv. 12-28-06 325% 2031 769,024 627545 30,460 22,957 597,085
Lower Bee Branch Restoration 12-01-10 325% 2041 5,836,613 4949,487 240240 599,882 4,709247
West 32nd Detention Basin 01-14-09 325% 2028 1,847,000 1 321,000 83,000 46,650 1238,000
Water Meter Change Out Program 11-01-09 325% 2031 6394,000 5380,000 262,000 174,850 5,118,000
Lower Bee Branch SRF 09-01-14 2.00% 2034 1,187,757 1,137,099 49,737 22,494 1,087362
Sales Tax Increment Revenue Bond-Planned Future TBD 2029 19,500,000 18,693,421 - 877,500 18,693,421
Upper Bee Branch SPF-Planned 2.00% 24,421,704 24,421,704 325,623 24,421,704
Total Revenue Bonds 146187,469 134325,071 3,483,846 3706,493 130,841225
Total City Indebtedness 420,557932 309,080,638 15,441,768 9366,195 302350,484
Statutory Debt Limit 193,113,721 196,031,074
%of Debt Limit Used 90.49% 87.49%
Remaining Debt Capacity 18,358,154 24,521,815
ATTACHMENT D
DUBUQUE INDUSTRIAL CENTER ECONOMIC DEVELOPMENT
DISTRICT
LEGAL DESCRIPTION:
Subarea A of the District consists of the real property legally described as follows:
• All of the Dubuque Industrial Center First, Second, Third, Fourth, Fifth, Sixth, Seventh,
Eighth, Ninth, Tenth and Eleventh Additions and the adjoining public right-of-way, all in
the City of Dubuque, Dubuque County, Iowa.
Subarea B of the District consists of the real property legally described as follows:
• Lots 1, 3, 4, 1 of 5, 6 and H of Dubuque Industrial Center West; and
• Lots 1, 2, 3, 4, 5, 6, 7, 8, and C of Dubuque Industrial Center West 2nd Addition; and
• Lots 1, 2, 3, 4, B, and C of Dubuque Industrial Center West 4th Addition; and
• Lots 1 of 1, 1 of 2, 2 of 2, 1 of 3, 2 of 3, 1 of 5, A, C, and D of Dubuque Industrial Center
West 5th Addition; and
• Lots 1, 2, and A of Dubuque Industrial Center West 6th Addition; and
• Lots 1, 1 of 2, and 2 of 2 of Dubuque Industrial Center West 7th Addition; and
• Lot 2 of 1 of the Southwest Quarter of the Southwest Quarter and Lot 2 of 1 of the
Southeast Quarter of the Southwest Quarter all in Section 30, Township 89 North, Range
2 East, 5th Principal Meridian;
• and all that part of a 100-foot-wide strip of the Chicago Central Pacific Railroad right-of-
way lying in the SE 1/4 of Section 30,the SE 1/4 of the SW 1/4 of Section 30, the NW 1/4
of Section 31, and the NE 1/4 of Section 31 all in T89N, R2E, of the 5th P.M. Dubuque
County, Iowa, the centerline of which is more particularly described as follows:
beginning at a point of intersection with the easterly line of the SE 1/4 of Section 30,
T89N, R2E, of the 5th P.M., thence southwesterly along the centerline of said railroad
2,700 feet, more or less a point of intersection with the westerly line of the SE 1/4 of
said Section 30; thence southwesterly continuing along said centerline 845 feet, more or
less, to a point where the railroad right-of-way widens to 200 feet, said point being the
terminus of this description; and
• all that part of a 100-foot-wide strip of the Chicago Central Pacific Railroad right-of-way
lying in the Balance of Lot 1 of 1 of the Southwest Quarter of the Southwest Quarter in
Section 29, Township 89 North, Range 2 East, 5th Principal Meridian; and
• any adjoining public street right-of-way all in the City of Dubuque, Dubuque County,
Iowa.
Subarea C of the District consists of the real property legally described as follows:
• Lot 1-1 NW 1/4-NE 1/4; Lot 2 of E 10 acres NE 1/4-NW 1/4; Lot 2-1 NW 1/4-NE 1/4; Lot 2
NW 1/4-NE 1/4; Lot 1 E 1/4 NE 1/4-NW 1/4; W 3/4 NE 1/4-NW 1/4; Lot 2-1 SE 1/4-NW
1/4; Lot 1-1 SE 1/4-NW 1/4; and the SW 1/4-NE 1/4 all in Section 30, Township 89 North,
Range 2 East, 5th Principal Meridian; and any adjoining public street right-of-way in the
City of Dubuque, Dubuque County.
Subarea D of the District consists of the real property legally described as follows:
• Lot 4 of Dubuque Industrial Center West 5th Addition, and Lot B of Dubuque Industrial
Center West 5th Addition in the City of Dubuque, Iowa.
Subarea E of the District consists of the real property legally described as follows:
• All of Lot 1 of 1 and Lot 1 of 2 of the South Fork Subdivision No. 1, including any
adjoining public street right-of-way to said lots, all in the City of Dubuque, Dubuque
County, Iowa, and;
• All of Seippel Road right of way from the north boundary line of Lot 1 of 1 of South Fork
Subdivision No. 1 in the City of Dubuque,to the south boundary lines of Lot H of
Dubuque Industrial Center West and Lot 1 of Dubuque Industrial Center West 2nd
Addition in the City of Dubuque, Dubuque County, Iowa, including crossings at the
intersections of Old Highway Road and Chicago Central & Pacific Railroad rights-of-way.
Subarea F of the District consists of the real property legally described as follows:
• Lot one (1) of Graf Farm Subdivision #2, Dubuque County, Iowa, according to the
recorded plat thereof,
• Lot 1 of Lot 1 of Lot 1 of Lot 1 of West One-half of Northeast One-quarter, Section 25,
Township 89 North , Range 1 East of the 5th Principal Meridian, in Center Township ,
Dubuque County, Iowa;
• Lot 2 in "W.A. Norman Place" in Section 25, Center Township, Dubuque County, Iowa,
according to the plat thereof, and
• The NW 1/4 of the SE 1/4 of Section 25, Township 89 North, Range 1 East of the 5th
P.M., in Center Township, Dubuque County, Iowa
AGREEMENT TO INCLUDE AGRICULTURAL LAND
IN AN URBAN RENEWAL AREA
f-"
This Agreement dated for reference purposes the day of &' /d 2015,
is made and entered into by and between the City of Dubuque, low i (City), and the
undersign'ed property owner (Property Owner) for the proposed expansion of the urban
renewal area for the Dubuque Industrial Center Economic Development District
WITNESSETH:
WHEREAS, the City has adopted an Urban Renewal Plan under Iowa Code
Chapter 403 and proceeded with activities authorized under that Chapter in the area
described as the Dubuque Industrial Center Economic Development District, including
but not limited to the division of revenue under Iowa Code Section 403.19; and
WHEREAS, the undersigned Property Owner owns agricultural land as that term
is defined in Iowa Code Section 403.17(3); and
WHEREAS, the Property Owner desires that the Property be included in the
Dubuque Industrial Center Economic Development District; and
WHEREAS, a description of the Property to be included within the Dubuque
Industrial Center Economic Development District is attached hereto as Attachment A
and made a part hereof; and
NOW, THEREFORE,be it agreed between the parties hereto as follows:
1. The undersigned Property Owner agrees that the City may include the Property
owned by the undersigned Property Owner identified in the attached Exhibit A in the
Dubuque Industrial Center Economic Development District, including any portions which
may be defined as agricultural land under the provisions of Iowa Code 403.17(3).
2. The undersigned Property Owner further authorizes the City Council of the City
to pass any resolution or ordinance necessary to designate said property as an urban
renewal area under Iowa Code Chapter 403.
Dated thisrr -,day of 2015.
CITY OF DUBUQUE, IOWA
Karla A. Braig , Mayo) Pro Tem
i
Attest:
i
i
Kevi S. Firnstah[, City Offt
Address: Ocx Q C SSee, a
Owner's Name: tlll C4 e
By: Dant 4L P
®ate: �� 7 �-
Witness:
STATE OF FLORID
Ltr
COUNTY OF-
The
F-
Th fooregoing instrument was acknowledged before me this
day of i 4, ,20_1.-by
who is ersonally known to me or who
A
has produced_ .Tas
identification n ho idl t take an o .
SIGNATURE. OF NOTARY
a,�,,�'►"v� 8ematd Srr�d�►
State of Florida
MYCOMM1SSlON#FF 52412
Eores:September 8,2011
2
EXHIBIT A
Legal Description of the Property
Lot one (1) of Graf Farm Subdivision #2, Dubuque County, Iowa, according
to the recorded plat thereof;
Lot 1 of Lot 1 of Lot 1 of Lot 1 of West One-half of Northeast One-quarter,
Section 25, Township 89 North , Range 1 East of, the 5th Principal Meridian,
in Center Township, Dubuque County, Iowa;
Lot 2 in WA. Norman Place" in Section 25, Center Township, Dubuque
County, Iowa, according to the plat thereof; and
The NW 1/4 of the SE 1/4 of Section 25, Township 89 North, Range 1 East
of the 5th P.M., in Center Township, Dubuque County, Iowa
3
JOINT AGREEMENT
BETWEEN
THE CITY OF DUBUQUE, IOWA
AND
DUBUQUE COUNTY, IOWA
WHEREAS, the City Council of the City of Dubuque, Iowa (the City) desires to
amend an urban renewal area known as the Dubuque Industrial Center Economic
Development District to include property located within two (2) miles of, but outside the
corporate limits of, the City of Dubuque, for the purpose of undertaking an urban
renewal project; and
WHEREAS, the Board of Supervisors of Dubuque County, Iowa (the County) has
reviewed the proposed amendment to the Urban Renewal Area Plan for said area,
described therein as the Dubuque Industrial Center Economic Development District (the
District), and has determined that the creation of the area and completion of the projects
proposed in the District are in the best interests of Dubuque County; and
WHEREAS, because a portion of the land proposed to be added is outside the
corporate limits of the City of Dubuque, Iowa Code Section 403.17(4) requires a joint
agreement between the City and the County before the City can proceed with said
projects.
NOW THEREFORE, DUBUQUE COUNTY, IOWA AND THE CITY OF
DUBUQUE, IOWA AGREE AS FOLLOWS:
1. The Board of Supervisors of Dubuque County hereby consents to, agrees, and
authorizes the City to proceed with the amendment of the Dubuque Industrial Center
Economic Development District, as described in the amended Urban Renewal Plan for
the District and as the same may be further amended from time to time, and the
undertaking of urban renewal projects within said area.
2. This Joint Agreement is intended to meet the requirements of Iowa Code Section
403.17(4) with respect to the establishment of an urban renewal area in Dubuque
County, Iowa, to include land within two (2) miles of, but outside the corporate limits of,
the City of Dubuque, Iowa.
3. This Joint Agreement has been duly authorized by the governing bodies of
Dubuque County and the City of Dubuque.
DUBUQU COUNTY, IOWA
By:
Chairper , B-oard of Supervisors
033115ba1
i
ATTEST:
B :
Y A6111 MIIZ,,
Mona Manternach, Deputy County Auditor
STATE OF IOWA )
ss
COUNTY OF DUBUQUE )
On this J,3 day of , 2015, before me a Notary Public in and
for the State of Iowa, personally appeared A7/aA,,o4-- and
/".* -7,,,v /'?7,1 -+ '1`'A, me personally known, who being duly sworn did say that
they are the Chairperson of the Board of Supervisors and Auditor, respectively, of
Dubuque County, State of Iowa, a political subdivision, and that the seal affixed to the
foregoing instrument is the seal of said political subdivision, and that said instrument
was signed and sealed on behalf of said political subdivision by authority and resolution
of its Board of Supervisors and said Chairperson and Auditor acknowledged said
instrument to be the free act and deed of said political subdivision by it voluntarily
executed.
Notary Public in and for
County, Iowa
p L. MARY ANN SREUM
CITY OF DUB I '-sfonNumber 159589
<wp" My Comm" Exp. I- 13- t
By;
Karla A. Braig Mayor Pro Tem
ATTEST:
By:
K vin S. Firnstah , City Clerk
STATE OF IOWA )
ss
COUNTY OF DUBUQUE )
On this 20trday of April , 2015, before me a Notary Public in and
for said County, personally appeared Karla A. Braig and
Kevin S. Firnstah1 to me personally known, who being duly sworn, did say that
2
i
they are the Meye--and City Clerk, respectively, of the City of Dubuque, State of Iowa, a
Municipal Corporation, created and existing under the laws of the State of Iowa, and
that the seal affixed to the foregoing instrument is the seal of said Municipal
Corporation, and that said instrument was signed and sealed on behalf of said
Municipal Corporation by authority and resolution of its City Council, and said Mayor
and City Clerk acknowledged said instrument to be the free act and deed of said
Municipal Corporation by it voluntarily execu d.
* Mayor Pro Tem
- k M
Notary Public in lanfor
County, Iowa
R IN-A! Ym Tf407E�H a➢. OY9CM�i RVaBN
Commission tVu,fiber 772419
.-,tiwp ' PAy Comm.Exp.4
3
MINUTES
CONSULTATION WITH AFFECTED TAXING BODIES for the following URBAN
RENEWAL PLAN:
• Dubuque Industrial Center Economic Development District
Monday, May 4, 2015 at 12:00 p.m.
City Hall, Conference Room B, Second Floor
50 W. 13th Street
Dubuque, Iowa 52001
Tax Entity Consultation for the Dubuque Industrial Center Economic Development District Urban
Renewal Area
Meeting commenced 12:00 p.m.
Present: No representatives from the taxing bodies were in attendance.
Meeting adjourned: 12:20 p.m.
L' 0J
a�
Maurice Jones
Economic Devel p int Director, City of Dubuque
Dubuque Planning Services Department
`
THE CITY OF fyi_�iJ.i City Hall-50 West 13kh Sheet
Dubuque,IA 52001-4805
(563)589-4210 phone
Dus E I I I I' (563)5894221 fax
(563)690-6678 TDD
Masterpiece on the Mississippi am•xorz•aau planning®cityofdubuque.org
May 21, 2015
The Honorable Mayor and City Council
City of Dubuque
50 W.1 P Street
Dubuque, IA 52001
RE: Dubuque Industrial Center Economic Development District Expansion — Graf Farm
Dear Mayor and City Council Members:
Introduction
On May 20, 2015, the Long Range Planning Advisory Commission reviewed the proposed
expansion of the Dubuque Industrial Center Economic Development District to add the Graf
Farm as Subarea F.
Discussion
At the Commission meeting, Maurice Jones, Economic Development Director, reviewed that the
amendment will add the 166-acre Graf Farm as Subarea F with access to the financial tools and
incentives available in the Dubuque Industrial Center Economic Development District. Mr. Jones
reviewed the subarea's location, purchase price, expected developable area, estimated
development costs, and intended land use. He noted the proposal is consistent with the
Comprehensive Plan and asked for the Commission's support of the expansion.
The Commission reviewed the primary objectives of the Dubuque Industrial Center Economic
Development District. They discussed with Mr. Jones the benefits of the proposed expansion,
inventory of available industrial land, use of tax increment financing, and economic conditions
for industrial development. They noted the proposal is consistent with the Comprehensive Plan.
Recommendation
By a vote of 5-0, the Long Range Planning Advisory Commission recommends approval of the
Dubuque Industrial Center Economic Development District expansion to add the Graf Farm as
Subarea F because it is consistent with the 2012 Dubuque Comprehensive Plan.
Respectfully submitted,
Chad Darter, Chairperson
Long Range Planning Advisory Commission
cc: Michael Van Milligen, City Manager
Maurice Jones, Economic Development Director
PAUSERStDjohnson\Council Items\Urban Renewal&Revitilizadon DlstdcODIC ED-Graf Farm Subarea F.doc
Service People Integrity Responsibility Innovation Teamwork
Page 1 of 1
Kevin Firnstahl - City of Dubuque Ordinance No. 39-15 Dubuque
Industrial Center Urban Renewal
From:
To:
Date:
Subject:
CC:
Attachments:
Kevin Firnstahl
Auditor, Dubuque County; cityassessl@dbqco.org
6/2/2015 2:19 PM
City of Dubuque Ordinance No. 39-15 Dubuque Industrial Center Urban
Renewal
Connors, Jill; Jones, Maurice; Larson, Jenny
Ordinance 39-15 DIC Urban Renewal Amendment.pdf
The attached City of Dubuque Ordinance No. 39-15 related to the Amended and Restated Dubuque Industrial
Center Economic Development District Urban Renewal Plan will be delivered to the Dubuque County Recorder's
Office today.
Please contact me if you have any questions or difficulty with the attachment.
Thank you.
Kevin S. Firnstahl, CMC
City Clerk
City of Dubuque, Iowa
50 W. 13th Street
Dubuque, IA 52001
563.589.4121
kfirnsta@cityofdubuque.orq
file :///C :/Users/kfirnsta/AppData/Local/Temp/XPgrpwise/5 5 6DBB 73 DB Q_... 6/2/2015
STATE OF IOWA {SS:
DUBUQUE COUNTY
CERTIFICATION OF PUBLICATION
I, Suzanne Pike, 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: June 05, 2015, and for which the charge is $168.95.
Subscribed to before me, a Notary Public in and for Dubuque County, Iowa,
this /00- day , 20,E .
-ANNZ
1otary Public in and fo
4G ubuque County, Iowa.
!MIRY K. WESTERMEYER
Commission Number 154885
fey Comm. Exp. FEB. 1, 2017
'OFFICIAL
PUBLICATION
ORDINANCE NO. 35-15
AMENDINGORD1=
-NANCE NC/.10,=14,
"PREVIOUSLY AMEND,
ED,.PROVIDING'-THAT
GENERAL PROPERTY
TAXES LEVIED .AND
COLLECTED EACH,
YEAR ON ALL 'PRO-
PERTY r LOCATED
WITH -IN THE AMEND-
ED -7 -AND -7 -RESTATED
DUBUQUE INbUS
-TRIAL CENTER
NOM10,DEVELOP-
MENT DISTRICT UR
BAN RENEWAL AREA
OF r THE= CITY ' OF
'DUBUQUE; COUNTY
OF DUBUQUE,Y STATEAND
OF IOWA, B
FOR THE BENEFIT QF
THE STATE OF,IOWA,
CITY OF DUBUQUE,
COUNTY OF DUBU-
QUE, DUB000E,COM-
MUNITY SCHOOL'DIS-
TRICT, . AND OTHER
TAXING DISTRICTS,
BE PAID TO-•'; A
SPECIAL FUND FOR
PAYMENT OF PR N-
CIPAL AND INTEREST
ON LOANS, MON ES
ADVANCED TO AND
INDEBTEDNESSBONDS, N-
QLUDING -;
ISSUED' OR TO_,>BE
ISSUED, INCURRED
BY SAID. •'CITY 'GIN
CONNECTION --WITH:•
THE 'AMENDED :AND
RESTATED DUBUQUE
INDUSTRIAL. CENTER
ECONOMIC DEVEL-
portion of the City of Subarea E includes fhe : mani)ercusipg the:total
Dubuque, Iowa des lots> and parcels 'assessed value shown
cribed in the Urban located within the area ' on the assessment roll
Renewal Plan for tt a legally described as = as of Jahuary 1;.2014.1
Dubuque ' i' Industrial follows } ' °' being sthe rassesstnent
CenterEconomieDevel Ali of Lot 1 "of 1 and'. roll applicable ; to
opment 'Distr(et Urban Lot 1 of •2 of the`South prop•erty' " Ih "such
Renewal Area ap Fork`Subdi'vision No 1 subarea'as of January 1,
proved by;: Resolutionincluding'arly'adjoining of the `calendar ";year
No 130 88 'on May 2 public street ,right of- preceding the effective
bsequently,.-
-1,988;'411.-1-3-•••way;to said lots alt in date of this Ordinance,
ey Resolution the`. City of:Dubuque,' • `. a se tion,'(4i''That
No 4:a4s,,),:,:‘,:ii:k'i,:.:::.z.
i Decehi Dubuqueounty, Iowa, portion `,of the teser whicand, ` ,n 'eah yeas lexcess of,Originect Area All of el goad he base; period fith'InelUdlots ,annglib?of afom the' r th" Amended'parcelslocaed within north bou ndary It a of Project :A ea "deter:
the area now" legally Lot Fof}3#of South�Fork mined fol each sulk.
described'as follows ` subc iVi6((on No it
in tije area t n.tl�ereofr os.
All of the Dubuque City of`DUbtjque}toJjer pro ided In Sectiop 3 of
Industfial Center First south!boldhdat f lines of ,.'this Ordina to shalthg,
Second Third Fourth, Lot d H of Dubuque allocated` tp anci.Wheli'
Fifthr Sixth;' Seventh " Industrial Center West' collected' be paid into
;Eighths Ninth, -' 1-
.-134.',F7'--4-1
- h .and Lot 1 of Dubuque. -tlie special 3 'taxl
arid Eleventh Add((ons Industrial Center West increment fund$
and the adjoining • 2nd Addition in the City : previously established,'
public right of way ;all of Dubuque-' bubucjue by 1. intety of DUbu`que'
inthe City of Dubuque County IoWa0li1f1 cling :to pay..tl a principal of
Dubuque"County Iowa crossings ' of•'> the and interest on"lochs,
The origli)al Project intersections of Old monies advanced to or
•
Area is referred to as Highway. Road and %indebtedness Whether,
"Subarea A in the Chicago Cenral & fit' nded ':'refunded, .as-.
Urban 'Renewal Plan Pacific Railroad rights sumed or otherwise,,,
hereinafter described•' of Way incjuding_bonds issued j
(b) Subarea B shall (f)' Subarea F shall under authority ' of
mean that portioh of , mean that portion of. 'Section 4039 or Sec -
the City 'of, Dubuque the C(ty of Dubugi]e" tioYi 403.2 of the Code
Iowa described as Iowa ri and Dubuque :'of Iowa,! incurred by
LSubarea B In 'the County descfibed as the City- of Dubuque,,
Amended and Restated 'Subarea F 4n the 'Iowa to; finance: or
Urban Renewal Plan for Amended `!lid Restated :refinance, •(n whole or-_
the
Dubuque IndustrialrbanReneWalPlanfor• ;in part, urban renewal
CenterEconomicDevel- ?the. D.ubuque,aridustrial-. projects uhdertaken
opment Distract Urban li.velLi
enter, Economic''De-':withintheAmended'Renewal Area "apelopment` Distract ' Project Amita t'
b 1 15 on for the regular and
which SubB I t d " th' th Y
parcels, thl,n follows of the •Code of Iowa
the area• legally Lot•: one (1) of Graf and 'takes for' the <
described as follows '• `Farm,! Subdivision? #2; instructional support
o Dubuque County; Iowa, program " of a 'sehoof'
and H of~ Dubuque . 'according �� toy �• the " districts (mpo'setl+��pur=•
and C of Dubuque half of N nth t 0 d
rea;pun
proved by Resolutioji Urban Renewal Area "to the' Urban Renewal
No> 478 97 oh Noveml ;approved by Reso, ,'Piaci, except that taxes.,
ber 17 1'997 `and lut'on o, 197-
su sequeptly amended June ti'1 2015; ` Which : votef approved physi
by Resolution No 15=08 Subarea F includes the 'cal plant and equip
on'. January` 't, 2008, lots and' •,parcels •merit iev` of a. school"
rea i:, oca e' wi m a area' '`district 'imposed` pun
includes the lots and„ legally described °as- suant.to`Sect(ont298.2'
arcels. locatd +w( n- ,$
Lots 1 3 4 1 f 5 6
ndestrial.Center West; recorded plattl ereof; -+scant to>Seation257.19"<
and '•Lot1'of Lot i of Lot 1 ,(but in each case only"i
Lots 1, 2, 3, 4 50-'i
7,8; of Lot 1 of West One- _to. the extent requiredq
o has ne •. un
der: , Section' 40339 .'
Industrial Center West quarter Section 25, •(2)) taxes for the
2nd Addition; and -Township 89 ++• F7orth; payment'of�bonds and `
Lots 1, 2, 3, 4,B, and C Rangel East of -the 5th interest of each taxing.?
of; Dubuqowe: Ihdu'str(al Principal• Meridian,, in district,. :and ._taxes
Center st . 4th Center Township,, imposed•under Section
Addition; anDubuque Gounty fovea; 346.77 "(22) related` to !
Lots 1 of 1of 2, 2 of Lot 2 in W A Norrrian joint: county -city -build- '
2 1 of 3, 2 of 3, 1 of 5, Place", in •Section 25, ings, shall.be`eollected
',A,' C,' and D of Dubuque •Center Township; ''against ,,'all taxable ;'
Industrial Cehter West Dubuque County; Iowa, property" • within the
5th Addition; and ,, •according to :the plat Amended Prdject. Area
Lots 1,-2, and A of thereof and. -- without any limitation';
DubuqueIndustrial Cen- 'The NW 1/4 of the SE ;as hereinabove" pro-, i
ter West'-6th>Addition 1/4 of Sectioh 25, videit
andr Township 89 North, Section„5 Unless` o"r•1
Lots 1 1 of 2 and 2 ofl Range 1 East,of`the,5th untll the total assessed 1
2 of Dubuque Industrial P M., ' in "Center valuation; of ” the
Cehter West 7th Township Dubuque taxable property In the +
Addition; and • County; lowat subareas of the i
Lot 2 of ` 1 of the' (g) Q'mer(cjefi'ProJeet Amended project. Area j
Southwest Quarter of Area shall mean that eWeeds ".the total J
'the' Southwest Quarter pertfbn" of the City=of ",'assessed'•Value of ',the; and" Lot 2 of 1 of • the - Dubuque Iowa", and taxable•• property';, in';
Southeast Quarter of- :Dubuque County ' in said' subareas shown '
the'Southwest QUartp'Y ciuded,' within::. the ;by the assessrpent rolls
all •' In . Section: 30; Origirjal Prolect`Area, . referred•to (rt Section 3 .1
Township '89 North, Subarea B Subarea C , of this Ordinance all.of 1
Range 2 East, 5th Subarea D, Subarea E the:taxes levied: and i
Principal Meridian andsubarea F, each as collected upon �• `the. i
and ail that part of,,a described in.' this taxablezproperty'in the j
100 -foot -wide" strip of Sectioh., ;; Arhended"P.roject• Area
the Chicago: • Central ' (h)'sUrban Renewal shall: be paid into --the .;i
Pacific Railroad right plan ,shall mean the funds for;,the.respec
of way lying n the SE Amended and Restated •; '•five taxing districts; as,:i
1%4 of Section 30 the, Urban Renewali" Plan;ltaxes by:.;or for --the
SE 1/4 of the SW,141-8,f.-.; adopted for, the';'' _•taxing districts in :the
Section 30, the NW 1/4 , Amendaed Project Area . -same ,manner as all 1
of -Section 31; and the: by Resolution N9,...,1:: 7 , otherproperty,taxes; .,.
NE 1/4,of Section.31 all 15 on June 1;:2015nd _Other
6..At: such
int T89N, R2E,`ofrthe'Sth aaysuibsequent'amend 'time as the loans,
P.M. Dubuque County, ments;that may!occUr monies -advanced, i
Iowa the cehterl(ne of Section 2 Thetaxes ti bonds and; v interest
which is more levied on the; taxable thereon; end '.indebted -
of
property (n - the ' ness of the Clty of
as follows: beginning Amended Project Area, Dubuque referred to in at a point of and .'each:, : subarea Section f4 hereof have:
intersection with .the .thereof, legally';; des- been paid, all monies.
easterly line of the SE cribed in • Section 1 'thereafter received'
OPMENT DISTRICT 1/4 of Section 30, T89N) hereof, by and for the
URBAN RENEWAL`RE- R2E, of • the, 5th P.M, benefit' of the State o
DEVELOPMENT PRO- thence Southwesterly love, City' of Dubuque
JECT`_ along the centerline of iCtitintY of Dubuque
WHEREAS : the said railroad.2 700 feet, Dubuque Community
Amended and Restated moreor less a pointof School Distriot;;and al
Urban ReneWa ,Bian for intersection!WIth the' other" taxing districts
the Dubuque Industrial " Westerly I1pe of the SE )rfrom ands after , the
Center EconomicDevel- 1/47of Said;Section:30 effectjVe,idate of this
opment'Dlstrictl Urban thence southwesterly Ordinances, shall be
ReFJeWal Project ;'Area continuingiialong said divided as, hereinafter
descElbed an)pnroitehis
t'• Ordinance was
edoMay 2 1985andWhere
fhe: railroad, Section 3: As. tothe
was thereafter amend right of way widens to Original ProJeet :Area,
ed 'aro, restated`• tby r 00 feet, said goipt that "portion of , the
Resolution No: 484.90 `being ".the terminus ;of takes''which would be
on December 17, 1990 this description; and produced by the rate at
Resolution No, 142 97 all that partof a 100-s ,which the tax is levied
oh Aptit 7f aJ;1997' footwjdee,,strip of. the 'eachyear by orifo
Resolution No 478197 Chicago Central Pacific each of the taxing
on November 17 3997 Railroad right of way districts taxing pro-
Resolutlon No 15.08 on +lying in the Balance :of party;<in ;the, Original
January 7 2008, Reso Lot 1 of 1 of .;the Project Area upon!the
lution "No 1oi 08. on Southwest' Quarter; of 'total ; suns of: ',the
March 17 2018 Reso the Southwest Quarter assessed value of .the
lution No 109,08' on �in',Seotion 29,ToWnshjp taxable propertyin;the
April 7,r;' 2008 Reso 89 :North) Range 2 East; original Project Area
ution No 87 il; on ,5th' PrinCipaIMeridian; as shown on the
Vjarc i 7, (2011 eReso 'sand assessment roll as of
lutior)p171-13 on Julie 3 any adjoining public January 1 1987x. being
20i3 , andr R,esoliitien street right -of way all the first day'cof the
Vo 1�7=15 on June 1
73ln'the CIty.of Dubuque, calendar, ,year pre -
)015 and Dubuque Cdi nty, "Iowa: ceding the. 'effective
WHEREAS the City (c) Sgbarea C shall date of Ordinance No,
ouncii of the City of =Ymean ,that .portion ' of 26-88"Shall • be allo-
)ubuque;; Iowa ori 'i the Cltyiof.rDubuque; cated `to and=when
finally provided for the ; Iowa described as collected.be, paid into
livision of taxes :Subarea C in -'the the . fund • for the
)ursuaht to Section •Amended and Restated respective taxing
103 19, of:the Code of Urban Renewal Plan for trict s taxesiby or for
owe witnm the, Dubu ,the Dubuque=industrial said taxing district jnto
lue Industrial Center J .Center Economic be which all'` other
con'omic'Development :velopment District` lir='.:property . taxes 'are
)istrict Urban Renewal :ban' •Renewal Area paid, • The j taxes :so
'roject Area m 'approved by Reso- determined =shall'"be
)rdinance No 26 88 'lution No '.101 08 oil referred herein as the
sassed and approved r'"March '17i,"...-2009, which'. "base period taxes for •
in May 12 �1988'rand Subarea C ncludes.the; such Subarea.,
hereafter; amended lot's; and parcels. As to Subarea B; base
nd restated by located within the'area'' period "taxes shall be
)rdjnance No 63 88.on .legally described as computed m the'•same
iecember,„5,'+11988, by 4r follows manner using the total
)rdmance: No 66 97on L_ot i i NW 1/4 NE assessed' Value shown
Iovedter;,l p 1997,tby ; 1/4,` Lot 2 o`f E •10 acres' on theassess'ment''roll
irdinarjce.No`70i08 on NE 1/4-NW;1/4; Lot'2-1 ••'as of January -1, 1996
ictober 20 2008 'and I;NW:•1/4-NE 1/4; Lot 2 being the asses-snient
y Ordinance No •10-14 i NW -1/4 -NE 1/4, Lot 1 E roll applicable' to"
n February 3 2014 ,d/4NE 1/4 -NW 1/4` W property in' such
3/4•NE 1/4-NW:1/4;.•Lot' Subarea as of January
HERE AS,' indebted 3> 2-L SE 1/4 -NN/ 1/4 Lot` 1 of the calendar ,year
ess has been incurred •5 1-1 SE 1/4=NW 1/4 and ` preceding the effective
y the City' Mand )'the SW • 1/4 -NE 1/4 all. date of Ordinance No.
ddltional _ indebted Nin Section 30;:Township
ess siskanticipated `tot 89' North, Range 2 East, As to Subarea C, base
e incurred In .jthe 6th Principal Meridian; period ;taxes shall be
lture) ,to finace 'ands any ,`. 'adjoining. coriiputed in the=isame
rban renewal project } public }street `right of-' ` manner` using•the` total
tiv ties Witllint the f way:. in E.the :City rot'-, 'assessed Value =shown'
mended and Restated Dubuque ,Dubuque on. the-assessment•roll
ubuque 10,0.Lstrial +"County es of January 1, `2007,
nterEconorpioDe\,el t ` (d) Subarea D shall,- being ithe assessm`ept
)ment : Distriet,``and gmean that portion of rollrap'plicable topro-
ie continuing needs of the ;City of. Dubuque, perty in, such •subarea .
development with n ,Iowa describdd - - a`s as sof January 1`;of the`'
ie mejided sand $..Subarea • D In the ` calendar year pieced
stated Dubuque la :Amended and;Restated,: ing,•the,: effective. -.date.
1st l41W nterf'Eco ' Urban Reneb✓al Plan for of Ordinance'_
)hieDevelopment 'ftthe- Dubuque `Industrial As to Subarea D,` base
strietrare such`'asto ':Caister Econo[Yiic Devel '�_ period- tales °`shall `lie`
quire the continued oprnent District Urban computed in the;same
rpllcation , of { ` the ReheWal AYea.".$ rap- !-. mahner using the, total
crentental , tax . re proved by Resol1£ion assessed value shown
urces of the No 1'109 08 on'April `7, ; on the: assessment`roli'
vended and Restated ;2008,_Which •Subarea,D as of January 1,:200,7,
ibuque -i.'t 9ndusfrial k ir%I� iiPc•.+f;a a�+c tan l ,rev ` Fh ....,...
from taxes upon the
f taxable property•inthe
;AmendedQroject Area
shailtibe'paid into.: the
funds foY :' , the
I Z respective taxing 'dis-
tricts in the same
manner as taxes on all
other property: •
Section 7:• All
ordinances or parts of
ordinances In conflict
with the 'provisions of
this Ordinance are'
hereby : repealed.` The
•provisions of ' this
Ordinance are intend-
ed and , shall be
construed se ,as` to.
r ' continue the division of
taxes ` from taxable
property • in the
AmendedProject{Area
under the'provisions of
Section 403.19 of the
Code of Iowa, ; as
authorized in- Orth-
"Pence No.-10714;3and'to
fully implement the
division of'taxes, an
• :Subare'a F of the
Amended Project Area.
In the event that any
provision of thisOrdi-
nance shall be deter-
mined to be contrary to
•law it Shall not .affect
other :provisions br
application of this
Ordinance, which shall
at all`, times :be
construed . to ',fully
invokes the provisions
of Section 403.19 of the '
Code ° of Iowa with
reference to the
Amended. Project Area
and •the subareas
Contained therein.
Section , 8:, This
Ordinance:: shall be .in
effect afterits, final
passage, approval,and
ppubllcatiohas provided
by Jaw.
PASSED AND
APPROVED' this 1st day
of June, 2015. -
/s/Roy Buol, Mayor
ATTEST: /s/Kevin
Firnstahf City Clerk
Published offrclallyin
.;the Telegraph Herald
newspaper:;on the 5th
day of June, 2015:
/s/Kevin S. Firnstahl,
City Clerk
1t 6/5