Iowa Department of Economic Development Notice of Board ActionApril 8, 2010
Mr. Bob Johnson
Sustainable Neighborhood Builders, Inc.
1079 Elm Street
Dubuque, IA 52001
NOTICE OF BOARD ACTION
RE: Iowa Brownfield/Grayfield Tax Credit Program Application
Award Date: December 17, 2009
Dear Mr. Johnson:
I am pleased to inform you that the Iowa Economic Development Board (Board) has reviewed your
application and intends to award Sustainable Neighborhood Builders, Inc. the Brownfield Redevelopment
Tax Credit, maximum credit of $100,000 for your project in Dubuque, Iowa. In a few weeks, our office
will send you the necessary contract documents to finalize the terms and conditions of your company's
participation in this financial assistance award program. The contract documents must be signed by
authorized representatives of Sustainable Neighborhood Builders, Inc., and IDED. This Notice of Board
Action is subject to execution of a written contract. This Notice does not constitute the formation of a
contract between the Iowa Department of Economic Development (IDED) and Sustainable Neighborhood
Builders, Inc. You do not acquire any legal or equitable rights until a contract containing the terms and
conditions acceptable to IDED has been executed. Incurring costs related to this Project before a contract is
signed is a risk analysis decision for Sustainable Neighborhood Builders, Inc. Until a contract is executed,
IDED has no obligation to authorize tax benefits for allowable Project costs. If a contract is not signed, those
costs will not be reimbursed by IDED. If a contract is executed, IDED's standard contract language permits
expenditures as of the Award Date stated in this letter to be eligible Project costs.
The Iowa Department of Economic Development looks forward to working with Sustainable Neighborhood
Builders, Inc. and the City of Dubuque on this important economic development project. We are very
pleased that you have chosen to make such a significant investment in Iowa. Should you have any questions
regarding this award, please contact your project manager, Matt Rasmussen at 515- 725 -3126.
Sincerely,
*Bret L. Mills
Director
BLM/mr
Chester J. Culver, Governor
cc: Senator Pam Jochum
Representative Pat Murphy
L „...-Mayor Roy D. Buol
IOWA DEPARTMENT OF ECONOMIC DEVELOPMENT Patty Judge, Lieutenant Governor
200 East Grand Avenue, Des Moines, Iowa USA 50309 0 Phone: 515.7253000 a Fax: 515.7253010 ® www.iowalifechanging.com [�
April 8, 2010
Ms. Mary Gronen
Caradco Building, LLLP
c/o Gronen Restoration, GP
1056 Main Street
Dubuque, IA 52001
RE: Iowa Brownfield/Grayfield Tax Credit Program Application
Award Date: December 17, 2009
Dear Ms. Gronen:
I am pleased to inform you that the Iowa Economic Development Board (Board) has reviewed your
application and intends to award Caradco Building, LLLP the 12% Grayfield Redevelopment Tax Credit,
maximum credit of $100,000 for your project in Dubuque, Iowa. In a few weeks, our office will send you
the necessary contract documents to finalize the terms and conditions of your company's participation in this
financial assistance award program. The contract documents must be signed by authorized representatives of
Caradco Building, LLLP, and IDED. This Notice of Board Action is subject to execution of a written
contract. This Notice does not constitute the formation of a contract between the Iowa Department of
Economic Development (IDED) and Caradco Building, LLLP. You do not acquire any legal or equitable
rights until a contract containing the terms and conditions acceptable to IDED has been executed. Incurring
costs related to this Project before a contract is signed is a risk analysis decision for Caradco Building, LLLP.
Until a contract is executed, IDED has no obligation to authorize tax benefits for allowable Project costs. If a
contract is not signed, those costs will not be reimbursed by IDED. If a contract is executed, IDED's
standard contract language permits expenditures as of the Award Date stated in this letter to be eligible
Project costs.
The Iowa Department of Economic Development looks forward to working with Caradco Building, LLLP
and the City of Dubuque on this important economic development project. We are very pleased that you
have chosen to make such a significant investment in Iowa. Should you have any questions regarding this
award, please contact your project manager, Matt Rasmussen at 515- 725 -3126.
Sincerely,
!Bret L. Mills
Director
BLM/mr
cc: Senator Pam Jochum
Representative Pat Murphy
Mayor Roy D. Buol
NOTICE OF BOARD ACTION
Chester J. Culver, Govemor IOWA DEPARTMENT OF ECONOMIC DEVELOPMENT
PattyJudge, Lieutenant Governor
200 East Grand Avenue, Des Moines, Iowa USA 50309 a Phone: 5153253000 ® Fax: 515.725.3010 8 wwwiowalifechanging.com ®;
April 8, 2010
Mr. Chad Walsh
B &C Cathedral Development, LLC
600 Star Brewery Drive
Dubuque, IA 52001
NOTICE OF BOARD ACTION
RE: Iowa Brownfield/Grayfield Tax Credit Program Application
Award Date: December 17, 2009
Dear Mr. Walsh:
I am pleased to inform you that the Iowa Economic Development Board (Board) has reviewed your
application and intends to award B &C Cathedral Development, LLC the 12% Grayfield Redevelopment
Tax Credit, maximum credit of $100,000 for your project in Dubuque, Iowa. In a few weeks, our office
will send you the necessary contract documents to finalize the terms and conditions of your company's
participation in this financial assistance award program. The contract documents must be signed by
authorized representatives of B &C Cathedral Development, LLC, and IDED. This Notice of Board Action
is subject to execution of a written contract. This Notice does not constitute the formation of a contract
between the Iowa Department of Economic Development (IDED) and B &C Cathedral Development, LLC.
You do not acquire any legal or equitable rights until a contract containing the terms and conditions
acceptable to IDED has been executed. Incurring costs related to this Project before a contract is signed is a
risk analysis decision for B &C Cathedral Development, LLC. Until a contract is executed, IDED has no
obligation to authorize tax benefits for allowable Project costs. If a contract is not signed, those costs will not
be reimbursed by IDED. If a contract is executed, IDED's standard contract language permits expenditures
as of the Award Date stated in this letter to be eligible Project costs.
The Iowa Department of Economic Development looks forward to working with B &C Cathedral
Development, LLC and the City of Dubuque on this important economic development project. We are very
pleased that you have chosen to make such a significant investment in Iowa. Should you have any questions
regarding this award, please contact your project manager, Matt Rasmussen at 515 -725 -3126.
Sincerely,
ret L. Mills
Director
BLM/mr
/2
cc: Senator Pam Jochum
Representative Pat Murphy
Mayor Roy D. Buol
Chester J. Culver, Govemor
IOWA DEPARTMENT OF ECONOMIC DEVELOPMENT Patty Judge, Lieutenant Governor
200 East Grand Avenue, Des Moines, Iowa USA 50309 0 Phone: 515.7253000 a Fax: 515.7253010 0 www.iowalifechanging.com �® f
April 8, 2010
Sherry Freebery
40 Main, LLC c/o Chatham Bay Group
1415 Foulk Rd, Suite 104
Wilmington, DE 19803
NOTICE OF BOARD ACTION
RE: Iowa Brownfield/Grayfield Tax Credit Program Application
Award Date: November 19, 2009
Dear Ms. Freebery:
I am pleased to inform you that the Iowa Economic Development Board (Board) has reviewed your
application and intends to award 40 Main, LLC the Brownfield Redevelopment Tax Credit, maximum
credit of $100,000 for your project in Dubuque, Iowa. In a few weeks, our office will send you the
necessary contract documents to finalize the terms and conditions of your company's participation in this
financial assistance award program. The contract documents must be signed by authorized representatives of
40 Main, LLC, and IDED. This Notice of Board Action is subject to execution of a written contract. This
Notice does not constitute the formation of a contract between the Iowa Department of Economic
Development (IDED) and 40 Main, LLC. You do not acquire any legal or equitable rights until a contract
containing the terms and conditions acceptable to IDED has been executed. Incurring costs related to this
Project before a contract is signed is a risk analysis decision for 40 Main, LLC. Until a contract is executed,
IDED has no obligation to authorize tax benefits for allowable Project costs. If a contract is not signed, those
costs will not be reimbursed by IDED. If a contract is executed, IDED's standard contract language permits
expenditures as of the Award Date stated in this letter to be eligible Project costs.
The Iowa Department of Economic Development looks forward to working with 40 Main, LLC and the City
of Dubuque on this important economic development project. We are very pleased that you have chosen to
make such a significant investment in Iowa. Should you have any questions regarding this award, please
contact your project manager, Matt Rasmussen at 515- 725 -3126.
Sincerely,
- 7 4%440-4 / 7/
- {Bret L. Mills
0 Director
BLM/mr
cc: Senator Pam Jochum
Representative Pat Murphy
Mayor Roy D. Buol
Chester J. Culver, Govemor
IOWA DEPARTMENT OF ECONOMIC DEVELOPMENT Patty Judge, Lieutenant Govemor
200 East Grand Avenue, Des Moines, Iowa USA 50309 o Phone: 515.7253000 0 Fax: 515.7253010 o www.iowalifechanging.com