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Minutes Enterprise Zone 1 4 08ENTERPRISE ZONE COMMISSION City of Dubuque, Iowa MINUTES DATE: January 4, 2008 TIME: 4:00 P.M. PLACE: Conference Room B, City Hall 50 West 13th Street, Dubuque, Iowa 52001 COMMISSION: Present: Doug Buswell, Doug Stillings, Dave Baker, Dan LoBianco, Kelley Deutmeyer, Dan White, Eileen LeMay and Rick Stein. Absent: Mike Van Milligen. STAFF: David Heiar and Aaron DeJong OTHERS: Tony Wernke, Greg Yoko, Dan McDonald, Brian Dalziel CALL TO ORDER Chairperson Stein called the meeting to order at 4:01 p.m. Staff certified that the meeting was being held in compliance with the Iowa Open Meetings Law. MINUTES Stillings moved and LoBianco seconded a motion to approve the minutes of May 8, 2007. Motion passed unanimously. APPLICATIONS EZ Benefits for Sustainable Land Development International Staff person Dave Heiar gave a description of Sustainable Land Development International's (SLDI) plans in the Dubuque Warehouse District. The project involves Futurus Communications becoming SLDI to create a product for developers, engineers, and architects to have entire developments certified as sustainable. The project is estimated employ 61 people, 55 of which will be employed in Dubuque. Futurus Communications currently employs 12 people. Tony Wernke thanked the committee for their consideration of their project. Tony described the project which is a sustainable development organization that will provide a clearinghouse of information for developers, architects, and engineers. The group will formulate a set of best practices that meet the goals of people, planet, and profit. The project will include the following Enterprise Zone benefits: • Sales Tax Rebate on materials • 10% Investment Tax Credit • Job Training Benefits • Special note was made that the application does not include tax rebates. Several questions were asked by the Commissioners about the structure of the project. Tony Wernke answered all the questions to the Commissioners' satifaction. Greater Dubuque Development Corporation Vice President, Dan McDonald, spoke in favor of the project in that the project is exciting for Dubuque and endorses the project. Brian Dalziel with the Northeast Iowa Business Accelerator spoke in favor of the project and noted the wages for employees will be competitive in the market. The Chair asked for public comments and none were given. Motion was made by Baker, second by White, to authorize the resolution approving the application. Stillings indicated that he supported the project but had a potential conflict of interest and would therefore abstain from voting. The following vote was taken: Aye: Buswell, LeMay, LoBianco, Baker, Deutmeyer, White, and Stein Nay: None Abstain: Stillings Motion Approved 7-0 with one abstention. ITEMS FROM COMMISSION Stein noted that the Warehouse District has been included into the Urban Renewal Area and sees new synergy resulting form this action. ITEMS FROM THE PUBLIC ADJOURNMENT Meeting was adjourned by Chairperson Stein at 4:50 p.m. Submitted by Aaron M. DeJong, Staff F:\USERSWdejonglEnterprise Zone\Minutes120080104 Enterprise Zone Meeting SLDl.doc