Friends of the Mines of Spain
~, 5~~~~~'~`i~f FRIENDS of the MINES of SPAIN
Friends of the C~ iil [l ~ ~~ P~ 4 ~ ~ ~ 8991 Bellevue Hts.
Mines °fSpuin Dubuque, IA 52003-9214
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Ctt~~' U a ~`;IC"' (563) 556-0620
~'~~~' `~~~~~~' ~~~ www minesofspain.org
Apri113, 2009
The Honorable Mayor and City Council
City of Dubuque
50 W. 13~ Street
Dubuque, IA 52001
Dear Mayor and City Council Members,
We are so close! We almost have the funds necessary to begin building the Addition to the E. B.
Lyons Interpretive Center at the Mines of Spain Recreation Area. As you know, the Friends of the
Mines of Spain has been planning and actively raising funds toward the project. Your previous
commitment of $30,000 has been of great value and greatly appreciated. It has brought us closer to
our goal. To date, we have raised 91% of the funds needed and with a little help we will reach our
goal.
Summary of fundraising to date:
Total Cost Estimate for the Building $1,566,000
Remaining Cost Estimate (after design fees already paid) $1,477,000
Amount Currently Available toward above * $1,352,000
Yet to be raised $125,000
'~ Please note that included in the above total is a challenge grant from the Community Attraction
and Tourism (CAT) Program of Vision Iowa. They awarded $440,000 toward the project on March
11, 2009 contin ent upon the Friends Group raising the final $125,000 by September 1, 2009.
To raise the $125,000 CAT grant match, the Friends of the Mines of Spain has mailed letters to
individuals and corporations asking for donations. The Friends group also is continuing to submit
grant requests to local, state, and private sector sources. All of this takes time, and the outcome is
uncertain. If we have to wait until September 1, 2009, we will lose another construction season, and
add $100,000 to the project cost. And we might not raise the funds needed, and lose the CAT grant.
The City of Dubuque benefits from the $1.5 million Center expansion of a City-owned facility with
this highly leveraged project. Also, the CAT grant is state funding being directed back to this
Community through the building of this project.
We respectfully ask the City of Dubuque to consider making a $125,000 commitment toward the
project now. In so doing, you can help ensure that the Project gets started this spring.
The Friends of the Mines of Spain is willing to reimburse the City for some or all of this $125,000
pledge as we are able to raise funds from individuals and grant sources over the next several
months.
Please feel free to contact me if you have questions about the project: 563-557-8188 (home), 563-
584-3440 (work), or dougolk@hotmail.com: Thank you.
Sincerely,
1~ ~~/J
Douglas G. Olk, M.D.
President, Board of Directors
Friends of the Mines of Spain
SUBGRANTEE AGREEMENT
BY AND BETWEEN
THE CITY OF DUBUQUE, IOWA
AND
FRIENDS OF THE MINES OF SPAIN
This Subgrantee Agreement is made and entered into effective the 20t" day of April,
2009 by and between the City of Dubuque, Iowa (City) and the Friends of the Mines of
Spain (FOMOS).
WHEREAS, FOMOS is engaged in fundraising for design and construction
services for the E.B. Lyons Interpretive Center Expansion Project funded in part by a
Community Attraction and Tourism (CAT) grant of $440,000 from the Vision Iowa
Board.
WHEREAS, FOMOS is committed to providing the required local match of
$1,036,994 for the CAT grant for said Project; and
WHEREAS, City has signed Agreement 09-GATE-025 (CAT Agreement) with the
Vision Iowa Board as the owner of said Project on behalf of FOMOS; and
WHEREAS, City proposes to have FOMOS comply with the terms and conditions
set forth in the CAT Agreement as the subgrantee; and
WHEREAS, City and FOMOS desire to enter into this Subgrantee Agreement to
set forth their respective responsibilities under the CAT Agreement.
NOW, THEREFORE, the parties hereto do mutually agree as follows:
FOMOS hereby agrees to comply with all of the terms and conditions of the CAT
Agreement between City and Vision Iowa Board for the E.B. Lyons Interpretive
Center Expansion Project, incorporated herein by reference.
2. City and FOMOS shall be responsible under the CAT Agreement to pay the
project costs according to the procedure set forth therein as follows:
a) FOMOS hereby agrees to pay seventy percent (70%) of the total project
costs, estimated to be $1,036,994 for said Project in accordance with the
CAT Agreement.
(b) City hereby agrees to pay thirty percent (30%) of the total project costs,
not to exceed $ 440,000 for said Project in accordance with the CAT
Agreement, and then to request reimbursement of City payments from the
Vision Iowa Board.
Subgrantee Agreement
City of Dubuque/Friends of the Mines of Spain
April 20, 2009
Page 2 of 2
(c) FOMOS hereby agrees to pay one hundred percent (100%) of the project
costs that exceed the estimated total project costs of $1,476,994.
IN WITNESS WHEREOF, the parties have hereunto set their hands by property
person duly authorized, the day and year first above written.
CITY OF DUBUQUE, IOWA FRIENDS OF THE MINES OF SPAIN
By:
By:
Douglas D. Olk, President,
Board of Directors
Date: ~~~~ Date:
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