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Amending a Tax Increment Ordinance for the Dubuque Industrial Center Economic Development District, as Amended by Version 2021.2 Copyrighted April 19, 2021 City of Dubuque Action Items # 6. City Council Meeting ITEM TITLE: Amending a Tax Increment Ordinance forthe Dubuque Industrial Center Economic Development District, as Amended by Version 2021.2 of the Amended and Restated Plan SUM MARY: City Manager recommending City Council adoption of an ordinance amending the most recent Ordinance for the Dubuque I ndustrial Center Economic Development District as the District's boundaries were amended by Version 2021.2 of the Amended and Restated Urban Renewal Plan. ORDINANCE Amending Ordinance No. 15-21, previouslyAmended, providing that General Property Taxes levied and collected each year on all property located within the Amended and Restated Dubuque I ndustrial Center Economic Development District Urban Renewal Area of the City Of Dubuque, County of Dubuque, State of lowa, by and for the benefit of the State of lowa, 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 I ndustrial Center Economic Development District Urban Renewal Redevelopment Project SUGGESTED Suggested Disposition: Receive and File; Motion B; MotionA DISPOSITION: ATTACHMENTS: Description Type Dubuque Industrial Center West Urban Renewal City Manager Memo Ordinance 2021.2-MVM Memo Staff Memo Staff Memo Ordinance Ordinance DICW Urban Renewal Plan, Version 2021.2 Supporting Documentation Suggested Motion Wording Supporting Documentation Dubuque THE CITY OF � ui-Aseria cih DuB E , . � . , � II � Maste iece on tj2e Mississi i zoo�•zoiz•zois YP pp zoi�*zoi9 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Amending a Tax increment Ordinance for the Dubuque Industrial Center Economic Development District, as Amended by Version 2021.2 of the Amended and Restated Plan DATE: April 15, 2021 Economic Development Director Jill Connors recommends City Council adoption of an ordinance amending the most recent Ordinance for the Dubuque Industrial Center Economic Development District as the District's boundaries were amended by Version 2021.2 of the Amended and Restated Urban Renewal Plan. The proposed amending ordinance would expand the District to include the property to be designated as Subarea N by Version 2021.2 of the Amended and Restated Urban Renewal Plan in the TIF ordinance area of the Amended and Restated Urban Renewal Plan. I concur with the recommendation and respectfully request Mayor and City Council approval. � Mic ael C. Van Milligen MCVM:jh Attachment cc: Crenna Brumwell, City Attorney Cori Burbach, Assistant City Manager Jill M. Connors, Economic Development Director Dubuque Economic Development Department THE CITY OF � 1300 Main Street All•America Eity Dubuque,lowa 52001-4763 �� � "h�N",`��nz�'��:�:��� Office(563)589-4393 1 I ��� TTY(563)690-6678 http://www.cityofd u bu q ue.org zoo�=zoiz*zo�3 Masterpiece on the Mississippi �oi�*Zoi9 TO: Michael C. Van Milligen, City Manager FROM: Jill M. Connors, Economic Development Director SUBJECT: Amending a Tax Increment Ordinance for the Dubuque Industrial Center Economic Development District, as amended by Version 2021.2 of the Amended and Restated Plan DATE: April 12, 2021 INTRODUCTION This memorandum presents for City Council review and adoption an ordinance amending the most recent Ordinance for the Dubuque Industrial Center Economic Development District ("District") as the District's boundaries were amended by Version 2021.2 of the Amended and Restated Urban Renewal Plan. The proposed ordinance was reviewed by the City Attorney's Office and is attached to this memo. The proposed amending ordinance would expand the District to include the property to be designated as Subarea N (see attached map) by Version 2021.2 of the Amended and Restated Urban Renewal Plan in the TIF ordinance area of the Amended and Restated Urban Renewal Plan. BACKGROUND On March 15, 2021, a Resolution of Necessity was adopted finding that proposed changes to the District's boundaries are necessary and appropriate to facilitate the proper growth and development of the community in accordance with sound planning and local community objectives. On March 23, 2021, a Consultation was conducted with the affected taxing entities as required by Chapter 403.5 of the lowa Code, providing an opportunity to discuss, question, or object to the findings in the Amended and Restated Urban Renewal Plan. Prior to the meeting, the taxing entities were mailed copies of the Amended and Restated Urban Renewal Plan and the Notice of Public Hearing. No written objections or recommended changes to the Amended and Restated Plan were received. On April 9, 2021 the notice of public hearing was published to allow for the appropriate publication requirements. Assuming that the City Council approves the Amended and Restated Plan, Version 2021.2, following the public hearing, Council action to amend the tax increment ordinance for the District would be appropriate. DISCUSSION The primary goal of Version 2021.2 of the Amended and Restated Plan is to add additional property as well as project details, including authorizing a development agreement with Giese Manufacturing Company, Inc. within the District. In order to reflect the changes to the District's boundaries and Subareas made by Version 2021.2, the TIF ordinance area boundaries must also be amended. The proposed ordinance reflects the addition of property as a new Subarea N. Due to legislation in 1995, the collection of tax increment in urban renewal areas designated for economic development purposes is limited to 20 years. This means the Subarea B of the District in which this parcel had been a part of had its "TIF sunset" in June 2019. If the parcel had remained in Subarea B, the City would have been unable to provide any future economic development incentives. The ordinance continues to authorize 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 that remains 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 in each Subarea 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 Version 2021.2 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. 2 Prepared by Jill Connors, Economic Development, 1300 Main St., Dubuque, IA 52001, (563) 589-4393 Return to Adrienne N. Breitfelder, City Clerk, 50 W. 13th St., Dubuque, IA 52001, (563) 589-4100 ORDINANCE NO. 16-21 AMENDING ORDINANCE NO. 15-21, 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 (the “District”) 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 No. 171-13 on June 3, 2013, Resolution No. 197-15 on June 1, 2015, Resolution No. 309-15 on September 8, 2015, Resolution No. 132-16 on September 19, 2016, Resolution No. 157-18 and Resolution No. 158-18 on May 21, 2018, Resolution 380-18 on December 17, 2018, and Resolution 125-21 and Resolution 126-21 on April 19, 2021 (as amended and restated, the “Urban Renewal Plan” or “Amended and Restated Urban Renewal Plan”); 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 District 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, by Ordinance No. 10-14 on February 3, 2014, by Ordinance No. 39-15 on June 1, 2015, by Ordinance No. 55-15 on September 8, 2015, by Ordinance No. 49-16 on September 19, 2016, Ordinance 18-18 on May 21, 2018, by Ordinance 45-18 on December 17, 2018, and by Ordinance _-21 on April 19, 2021; and 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 District, and the continuing needs of redevelopment within the District are such as to require the continued application of the incremental tax resources of the 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_-21 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 means that portion of the City of Dubuque, lowa described in the Urban Renewal Plan for the District 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 Dubuque Industrial Center Eighth Addition; and All of Lot 1 Dubuque Industrial Center 13th Addition; and Lot 2 Dubuque Industrial Center 13th Addition; and Lot 1-2-2 Dubuque Industrial Center Fifth Addition; and Lot 1 Dubuque Industrial Center Fifth Addition; and Lot 1 Dubuque Industrial Center 11th Addition; and Lot 1 of 2 of Dubuque Industrial Center Fifth Addition; and Lot 1 of 2 of Dubuque Industrial Center Fifth Addition; and Lot 1-3 Dubuque Industrial Center 12th Addition; and Lot 1 of lot 3 of final plat of lot 1 of Dubuque Industrial Center First Addition; and Lot 1 Dubuque Industrial Center 10th Addition; and Lot 2-3 Dubuque Industrial Center 12th Addition; and Lots 1 & 2 of final plat of lot 1 of Dubuque Industrial Center First Addition; and Lot 1 Dubuque Industrial Center 12th Addition; and Lot 2 Dubuque Industrial Center Ninth Addition; and Lot 2 Dubuque Industrial Center 12th Addition; and Lot 2-2 Dubuque Industrial Center Sixth Addition; and 2 Lot 3 Dubuque Industrial Center Ninth Addition; and Lot 1 Dubuque Industrial Center Sixth Addition; and Lot 2 of 2 Dubuque Industrial Center 7th Addition; and Lot 2-1 Walter Addition; and Lot 2-1 Walter Addition; and And all adjoining public right-of-way, all in the City of Dubuque, Dubuque County, lowa. The Original Project Area is referred to as "Subarea A" in the Urban Renewal Plan hereinafter described. (b) Subarea B means that portion of the City of Dubuque, lowa described as Subarea B in the Amended and Restated Urban Renewal Plan for the District approved by Resolution No. 478-97 on November 17, 1997, and subsequently amended by Resolution No. 15-08 on January 7, 2008, and Resolution No. -21 on April 19, 2021, 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 as originally platted; and Lots 1, 2, 3, 4, 5, 6, 7, 8, and C of Dubuque Industrial Center West 2nd Addition as originally platted; and Lots 1, 2, 3, 4, B, and C of Dubuque Industrial Center West 4th Addition as originally platted; 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 as originally platted; and Lots 1, and A of Dubuque Industrial Center West 6th Addition as originally platted; and Lots 1, 1 of 2, and 2 of 2 of Dubuque Industrial Center West 7th Addition as originally platted; 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 as originally platted; and 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, lowa, 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 continuing 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 3 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, lowa. (c) Subarea C means that portion of the City of Dubuque, lowa described as Subarea C in the Amended and Restated Urban Renewal Plan for the District approved by Resolution No. 101-08 on March 17, 2008, which Subarea C includes the lots and parcels located within the area legally described as follows: Lots 1 and 2 of Dubuque Industrial Center North Second Addition; and Lots 2, 3, C and A of Dubuque Industrial Center North First Addition, excepting that Part of said Lot A originally platted as Lot 2 of the SW '/4 of the NW '/4 of Sec. 30, T89N, R2E of the 5th PM; and and any adjoining public street right-of-way, all in the City of Dubuque, Dubuque County, lowa, EXCEPT those lots and parcels included in Subarea K. (d) Subarea D means that portion of the City of Dubuque, lowa described as Subarea D in the Amended and Restated Urban Renewal Plan for the District 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: Lots 1, 2, and B and all of the right of way of Chavenelle Court in Dubuque Industrial Center West 8th Addition in the City of Dubuque, Dubuque County, lowa. (e) Subarea E means that portion of the City of Dubuque, lowa described as Subarea E in the Amended and Restated Urban Renewal Plan for the District 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 as originally platted, including any adjoining public street right-of-way to said lots, all in the City of Dubuque, Dubuque County, lowa, 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, lowa, including crossings at the intersections of Old Highway Road and Chicago Central & Pacific Railroad rights-of-way. 4 (f) Subarea F means that portion of the City of Dubuque, lowa, and Dubuque County described as Subarea F in the Amended and Restated Urban Renewal Plan for the District 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, lowa, 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, lowa; Lot 2 in "W.A. Norman Place" in Section 25, Center Township, Dubuque County, lowa, 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, lowa. (g) Subarea G means that portion of the City of Dubuque, lowa, and Dubuque County described as Subarea G in the Amended and Restated Urban Renewal Plan for the District approved by Resolution No. 309-15 on September 8, 2015, which Subarea G includes the lots and parcels located within the area legally described as follows: The South one-half of the Northwest Quarter of Section 29, Township 89 North, Range 2 East of the 5th Principal Meridian, in the City of Dubuque, lowa. Lot 1 of Lot 1 of the Northwest Quarter of the Northwest Quarter of Section 29, Township 89 North, Range 2 East of the 5th Principal Meridian, in the City of Dubuque, lowa. Lot 2 of McFadden Farm Place #2, in the City of Dubuque, lowa. Lot 2 of McFadden Farm Place, in the City of Dubuque, lowa. Lot A of Lot 1 of 1 of the Southwest Quarter of the Southwest Quarter of Section 29, Township 89 North, Range 2 East of the 5th Principal Meridian, in the City of Dubuque, lowa. Lot A of Lot 1 of 1 of the Northwest Quarter of the Southwest Quarter of Section 29, Township 89 North, Range 2 East of the 5th Principal Meridian, in the City of Dubuque, lowa. All in the City of Dubuque, Dubuque County, lowa. (h) Subarea H means that portion of the City of Dubuque, lowa, and Dubuque County described as Subarea H in the Amended and Restated Urban Renewal Plan for the District approved by Resolution No. 332-16 on September 19, 2016, which Subarea H includes the lots and parcels located within the area legally described as follows: Lot 1 of the Northeast '/4 of the Northeast '/4, and Lot 2 of Lot 1 of Lot 1 of Lot 2 of the Northeast '/4 of the Northeast '/4, of Section 30, in Township 89 5 North, Range 2 East of the 5th Principal Meridian, in the City of Dubuque, lowa. (i) Subarea I means that portion of the City of Dubuque, lowa, and Dubuque County described as Subarea I in the Amended and Restated Urban Renewal Plan for the District approved by Resolution No. 332-16 on September 19, 2016, which Subarea I includes the lots and parcels located within the area legally described as follows: Lot 2 Seippel Road Place #2, Dubuque County, lowa. Lot 2-1-1 of the Southeast Quarter of the Southeast Quarter of Section 25, Township 89 North, Range 2 East of the 5th Principal Meridian, Dubuque County, lowa (j) Subarea J means that portion of the City of Dubuque, lowa, and Dubuque County described as Subarea J in the Amended and Restated Urban Renewal Plan for the District approved by Resolution No. 332-16 on September 19, 2016, which Subarea J includes the lots and parcels located within the area legally described as follows: Lot 2 Julien Care Place, Dubuque County, lowa. Lot 3 Julien Care Place, Dubuque County, lowa Lot 2-1 Julien Care Place, Dubuque County, lowa (k) Subarea K means that portion of the City of Dubuque, lowa, removed from Subarea C of the District by Version 2018.1 of the Amended and Restated Plan for the District approved by Resolution No. 157-18, and added to the District by Version 2018.2 of the Amended and Restated Plan for the District approved by Resolution No. 158-18 as Subarea K, all on May 21, 2018, which Subarea K includes the lots and parcels located within the area legally described as follows: Lot 1 of Dubuque Industrial Center North Third Addition, in the City of Dubuque, lowa. (I) Subarea L means that portion of the City of Dubuque, lowa described as Subarea L in the Amended and Restated Urban Renewal Plan for the District approved by Resolution 380-18 on December 17, 2018, which Subarea L includes the lots and parcels located within the area legally described as follows: Lot 1 of Loretta Bahl's Homestead, in the City of Dubuque, lowa, comprised of Lot 1 of the West 30 Acres of the Southwest '/4 of the Southeast '/4, Section 19, Township 89 North, Range 2 East of the 5th P.M. all in the City of Dubuque, Dubuque County, lowa. (m) Subarea M means that portion of the City of Dubuque, lowa described as Subarea M in the Amended and Restated Urban Renewal Plan for the District 6 approved by Resolution 380-18 on December 17, 2018, which Subarea M includes the lots and parcels located within the area legally described as follows: Lot 2 of the Subdivision of Lot 2 of the Northeast '/4 of the Northeast '/4 of Section 30, Township 89 North, Range 2 East of the 5th P.M. all in the City of Dubuque, Dubuque County, lowa. (n) Subarea N means that portion of the City of Dubuque, lowa described as Subarea N in the Amended and Restated Urban Renewal Plan for the District approved by Resolution _-21 on April 19, 2021, which Subarea N includes the lots and parcels located within the area legally described as follows: Lot 1 of Dubuque Industrial Center North First Addition, in the City of Dubuque, lowa; and All of the street right of way of Innovation Drive adjacent to Lot 1 of Dubuque Industrial Center North First Addition, in the City of Dubuque, lowa. All in the City of Dubuque, lowa (o) Amended Project Area means that portion of the City of Dubuque, lowa and Dubuque County included within the Original Project Area, Subarea B, Subarea C, Subarea D, Subarea E, Subarea F, Subarea G, Subarea H, Subarea I, Subarea J, Subarea K, Subarea L, Subarea M, and Subarea N each as described in this Section. 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 lowa, 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. 7 As to Subarea C (except the lots and parcels now forming Subarea K), 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, and base values shall be reduced due to the removal of area from Subarea C. 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 Ordinance No. 39-15. As to Subarea G, 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 Ordinance No. 55-15. As to Subarea H, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2015, 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. 49-16. As to Subarea I, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2015, 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. 49-16. As to Subarea J, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2015, 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. 49-16. As to Subarea K, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2017, 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. 18-18. 8 As to Subarea L, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2017, 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. 45-18. As to Subarea M, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2017, 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. 45-18. As to Subarea N, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2020, being the assessment roll applicable to property in such subarea as of January 1 of preceding the effective date of this Ordinance No. -21. 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 lowa, incurred by the City of Dubuque, lowa 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 lowa 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. 9 Amended Project Area under the provisions of Section 403.19 of the Code of Iowa, as authorized in Ordinance No. 18-18. 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 19t" day ofP, I, 2021. Roy D. Bu, Mayor ATTEST: 4�'�IrLe' x, &��' — Adrienne N. Breitfelder v City Clerk Read first time: April 19, 2021 PASSED AND APPROVED: April 19, 2021 PUBLISHED: April 23, 2021 10 Doc ID: 010721400011 Type: GEN Kind: ORDINANCE Recorded: 04/23/2021 at 04:06:47 PM Fee Amt: $57.00 Paqe 1 of 11 Dubuque County Iowa John Murphy Recorder File2021-00006499 Prepared by Jill Connors, Economic Development, 1300 Main St., Dubuque IA 52001, (563) 589-4393 Return to Adrienne N. Breitfelder, City Clerk, 50 W. 131h St., Dubuque, IA 52001, (563) 589-4100 ORDINANCE NO. 16-21 AMENDING ORDINANCE NO. 15-21, 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 (the "District") 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 No. 171-13 on June 3, 2013, Resolution No. 197-15 on June 1, 2015, Resolution No. 309-15 on September 8, 2015, Resolution No. 132-16 on September 19, 2016, Resolution No. 157-18 and Resolution No. 158-18 on May 21, 2018, Resolution 380-18 on December 17, 2018, and Resolution 125-21 and Resolution 126-21 on April 19, 2021 (as amended and restated, the "Urban Renewal Plan" or "Amended and Restated Urban Renewal Plan"); 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 District 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, by Ordinance No. 10-14 on February 3, 2014, by Ordinance No. 39-15 on June 1, 2015, by Ordinance No. qvc) ®DB&G+y Clerk 55-15 on September 8, 2015, by Ordinance No. 49-16 on September 19, 2016, Ordinance 18-18 on May 21, 2018, by Ordinance 45-18 on December 17, 2018, and by Ordinance _-21 on April 19, 2021; and 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 District, and the continuing needs of redevelopment within the District are such as to require the continued application of the incremental tax resources of the 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 _-21 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 means that portion of the City of Dubuque, Iowa described in the Urban Renewal Plan for the District 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 Dubuque Industrial Center Eighth Addition; and All of Lot 1 Dubuque Industrial Center 13th Addition; and Lot 2 Dubuque Industrial Center 13th Addition; and Lot 1-2-2 Dubuque Industrial Center Fifth Addition; and Lot 1 Dubuque Industrial Center Fifth Addition; and Lot 1 Dubuque Industrial Center 11th Addition; and Lot 1 of 2 of Dubuque Industrial Center Fifth Addition; and Lot 1 of 2 of Dubuque Industrial Center Fifth Addition; and Lot 1-3 Dubuque Industrial Center 12th Addition; and Lot 1 of lot 3 of final plat of lot 1 of Dubuque Industrial Center First Addition; and Lot 1 Dubuque Industrial Center 10th Addition; and Lot 2-3 Dubuque Industrial Center 12th Addition; and Lots 1 & 2 of final plat of lot 1 of Dubuque Industrial Center First Addition; and Lot 1 Dubuque Industrial Center 12th Addition; and Lot 2 Dubuque Industrial Center Ninth Addition; and Lot 2 Dubuque Industrial Center 12th Addition; and Lot 2-2 Dubuque Industrial Center Sixth Addition; and 2 Lot 3 Dubuque Industrial Center Ninth Addition; and Lot 1 Dubuque Industrial Center Sixth Addition; and Lot 2 of 2 Dubuque Industrial Center 7th Addition; and Lot 2-1 Walter Addition; and Lot 2-1 Walter Addition; and And all 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 means that portion of the City of Dubuque, Iowa described as Subarea B in the Amended and Restated Urban Renewal Plan for the District approved by Resolution No. 478-97 on November 17, 1997, and subsequently amended by Resolution No. 15-08 on January 7, 2008, and Resolution No. _-21 on April 19, 2021, 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 as originally platted; and Lots 1, 2, 3, 4, 5, 6, 7, 8, and C of Dubuque Industrial Center West 2nd Addition as originally platted; and Lots 1, 2, 3, 4, B, and C of Dubuque Industrial Center West 4th Addition as originally platted; 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 as originally platted; and Lots 1, and A of Dubuque Industrial Center West 6th Addition as originally platted; and Lots 1, 1 of 2, and 2 of 2 of Dubuque Industrial Center West 7th Addition as originally platted; 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 as originally platted; and 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 continuing 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 3 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 means that portion of the City of Dubuque, Iowa described as Subarea C in the Amended and Restated Urban Renewal Plan for the District approved by Resolution No. 101-08 on March 17, 2008, which Subarea C includes the lots and parcels located within the area legally described as follows: Lots 1 and 2 of Dubuque Industrial Center North Second Addition; and Lots 2, 3, C and A of Dubuque Industrial Center North First Addition, excepting that Part of said Lot A originally platted as Lot 2 of the SW '/4 of the NW '/4 of Sec. 30, T89N, R2E of the 5th PM; and and any adjoining public street right-of-way, all in the City of Dubuque, Dubuque County, Iowa, EXCEPT those lots and parcels included in Subarea K. (d) Subarea D means that portion of the City of Dubuque, Iowa described as Subarea D in the Amended and Restated Urban Renewal Plan for the District 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: Lots 1, 2, and B and all of the right of way of Chavenelle Court in Dubuque Industrial Center West 8th Addition in the City of Dubuque, Dubuque County, Iowa. (e) Subarea E means that portion of the City of Dubuque, Iowa described as Subarea E in the Amended and Restated Urban Renewal Plan for the District 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 as originally platted, 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. rd (f) Subarea F means 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 District 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) Subarea G means that portion of the City of Dubuque, Iowa, and Dubuque County described as Subarea G in the Amended and Restated Urban Renewal Plan for the District approved by Resolution No. 309-15 on September 8, 2015, which Subarea G includes the lots and parcels located within the area legally described as follows: The South one-half of the Northwest Quarter of Section 29, Township 89 North, Range 2 East of the 5th Principal Meridian, in the City of Dubuque, Iowa. Lot 1 of Lot 1 of the Northwest Quarter of the Northwest Quarter of Section 29, Township 89 North, Range 2 East of the 5th Principal Meridian, in the City of Dubuque, Iowa. Lot 2 of McFadden Farm Place #2, in the City of Dubuque, Iowa. Lot 2 of McFadden Farm Place, in the City of Dubuque, Iowa. Lot A of Lot 1 of 1 of the Southwest Quarter of the Southwest Quarter of Section 29, Township 89 North, Range 2 East of the 5th Principal Meridian, in the City of Dubuque, Iowa. Lot A of Lot 1 of 1 of the Northwest Quarter of the Southwest Quarter of Section 29, Township 89 North, Range 2 East of the 5th Principal Meridian, in the City of Dubuque, Iowa. All in the City of Dubuque, Dubuque County, Iowa. (h) Subarea H means that portion of the City of Dubuque, Iowa, and Dubuque County described as Subarea H in the Amended and Restated Urban Renewal Plan for the District approved by Resolution No. 332-16 on September 19, 2016, which Subarea H includes the lots and parcels located within the area legally described as follows: Lot 1 of the Northeast % of the Northeast %, and Lot 2 of Lot 1 of Lot 1 of Lot 2 of the Northeast % of the Northeast 1/4, of Section 30, in Township 89 5 North, Range 2 East of the 5th Principal Meridian, in the City of Dubuque, Iowa. (i) Subarea I means that portion of the City of Dubuque, Iowa, and Dubuque County described as Subarea I in the Amended and Restated Urban Renewal Plan for the District approved by Resolution No. 332-16 on September 19, 2016, which Subarea I includes the lots and parcels located within the area legally described as follows: Lot 2 Seippel Road Place #2, Dubuque County, Iowa. Lot 2-1-1 of the Southeast Quarter of the Southeast Quarter of Section 25, Township 89 North, Range 2 East of the 5th Principal Meridian, Dubuque County, Iowa 0) Subarea J means that portion of the City of Dubuque, Iowa, and Dubuque County described as Subarea J in the Amended and Restated Urban Renewal Plan for the District approved by Resolution No. 332-16 on September 19, 2016, which Subarea J includes the lots and parcels located within the area legally described as follows: Lot 2 Julien Care Place, Dubuque County, Iowa. Lot 3 Julien Care Place, Dubuque County, Iowa Lot 2-1 Julien Care Place, Dubuque County, Iowa (k) Subarea K means that portion of the City of Dubuque, Iowa, removed from Subarea C of the District by Version 2018.1 of the Amended and Restated Plan for the District approved by Resolution No. 157-18, and added to the District by Version 2018.2 of the Amended and Restated Plan for the District approved by Resolution No. 158-18 as Subarea K, all on May 21, 2018, which Subarea K includes the lots and parcels located within the area legally described as follows: Lot 1 of Dubuque Industrial Center North Third Addition, in the City of Dubuque, Iowa. (1) Subarea L means that portion of the City of Dubuque, Iowa described as Subarea L in the Amended and Restated Urban Renewal Plan for the District approved by Resolution 380-18 on December 17, 2018, which Subarea L includes the lots and parcels located within the area legally described as follows: Lot 1 of Loretta Bahl's Homestead, in the City of Dubuque, Iowa, comprised of Lot 1 of the West 30 Acres of the Southwest '/4 of the Southeast '/4, Section 19, Township 89 North, Range 2 East of the 5th P.M. all in the City of Dubuque, Dubuque County, Iowa. (m) Subarea M means that portion of the City of Dubuque, Iowa described as Subarea M in the Amended and Restated Urban Renewal Plan for the District A approved by Resolution 380-18 on December 17, 2018, which Subarea M includes the lots and parcels located within the area legally described as follows: Lot 2 of the Subdivision of Lot 2 of the Northeast % of the Northeast'/4 of Section 30, Township 89 North, Range 2 East of the 5th P.M. all in the City of Dubuque, Dubuque County, Iowa. (n) Subarea N means that portion of the City of Dubuque, Iowa described as Subarea N in the Amended and Restated Urban Renewal Plan for the District approved by Resolution -21 on April 19, 2021, which Subarea N includes the lots and parcels located within the area legally described as follows: Lot 1 of Dubuque Industrial Center North First Addition, in the City of Dubuque, Iowa; and All of the street right of way of Innovation Drive adjacent to Lot 1 of Dubuque Industrial Center North First Addition, in the City of Dubuque, Iowa. All in the City of Dubuque, Iowa (o) Amended Project Area means 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, Subarea F, Subarea G, Subarea H, Subarea I, Subarea J, Subarea K, Subarea L, Subarea M, and Subarea N each as described in this Section. 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. 7 As to Subarea C (except the lots and parcels now forming Subarea K), 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, and base values shall be reduced due to the removal of area from Subarea C. 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 Ordinance No. 39-15. As to Subarea G, 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 Ordinance No. 55-15. As to Subarea H, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2015, 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. 49-16. As to Subarea I, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2015, 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. 49-16. As to Subarea J, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2015, 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. 49-16. As to Subarea K, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2017, 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. 18-18. E:3 As to Subarea L, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2017, 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. 45-18. As to Subarea M, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2017, 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. 45-18. As to Subarea N, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2020, being the assessment roll applicable to property in such subarea as of January 1 of preceding the effective date of this Ordinance No. -21. 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. 41 Amended Project Area under the provisions of Section 403.19 of the Code of Iowa, as authorized in Ordinance No. 18-18. 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 19th day of P I, 2021. Roy D. Bu Mayor ATTEST: C i t��v2 //' &40 && Adrienne N. Breitfelder City Clerk Read first time: April 19, 2021 PASSED AND APPROVED: April 19, 2021 PUBLISHED: April 23, 2021 10 CERTIFICATE of the CITY CLERK STATE OF IOWA SS: COUNTY OF DUBUQUE ) I, Adrienne N. Breitfelder, City Clerk, 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. 16-21 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 21 st day of April, 2021. Adrienne N. Breitfelde , City Clerk Prepared by: Jill Connors, City of Dubuque, 1300 Main Street, Dubuque, IA 52001 (563) 589-4393 Return to: Adrienne N Breitfelder, 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 Prepared by the Economic Development Department. Version 2021.2 126-21 on April 19, 2021. 2019, Resolution 125-21 on April 19, 2021, and Resolution December 17, 2018, Resolution 387-19 on November 4, Resolution 158-18 on May 21, 2018, Resolution 380-18 on on September 19, 2016, Resolution 157-18 on May 21, 2018, Resolution 309-15 on September 8, 2015, Resolution 332-16 171-13 on June 3, 2013, Resolution 197-15 on June 1, 2015, April 7, 2008, Resolution 87-11 on March 7, 2011, Resolution Resolution 101-08 on March 17, 2008, Resolution 109-08 on November 17, 1997, Resolution 15-08 on January 7, 2008, Resolution 142-97 on April 7, 1997, Resolution 478-97 on restated by Resolution 484-90 on December 17, 1990, Dubuque, Iowa on May 2, 1988 and thereafter amended and by Resolution 130-88 of the City Council of the City of Center Economic Development District, originally established for the continued development of the Dubuque Industrial This Amended and Restated Urban Renewal Plan provides TABLE OF CONTENTS A. INTRODUCTION..................................................................................................3 B. OBJ ECTIVES.......................................................................................................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 U RBAN RE N EWAL P LAN City of Dubuque, lowa 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 lowa Code, Urban Renewal Law. This Plan shall serve as a new urban renewal plan for the District described herein. The Plan shall be viewed as a single plan for purposes of fulfilling the objectives of this Plan. The separate subareas of this Plan (the "Subarea(s)") will be maintained and observed for those purposes which are aided by or in need of the division, but the combined area comprising the District shall be treated together for planning and redevelopment purposes. No new land is added to the District by this Plan. 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 Plan, the tax increment mechanism shall continue in the existing Subareas and shall be 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, through: 3 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 lowa. Most of the District, including all of Subareas A, B, C (as amended), D, E, G, H, K, L, and M currently is within the corporate limits of the City of Dubuque. In accordance with lowa 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. In accordance with lowa Code Section 403.17(4), Dubuque County consented to the inclusion of Subareas I and J in the District in a Joint Agreement between the City and County, dated August 8, 2016. This Plan creates a new Subarea within the District, Subarea N, by adding property to the District. Subarea N includes undeveloped property that was previously a portion of Subarea B, but that was removed from Subarea B by Version 2021.1 of this plan. 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 fourteen separate areas so as to distinguish the original District (Subarea A) from the subsequent expansion areas (Subareas B, C (as amended), D, E, F, G, H, I, J, K, L, M, and N). 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 4 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 Chapter 403 of the lowa 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 the previously approved Subareas 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. 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, future and 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. 5 c.) These activities also include the construction and installation of supporting infrastructure within the District. 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; 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. 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; • These activities include, but are not limited to, property tax rebate agreements with: • Giese Manufacturing Company, Inc. for the development of a manufacturing building in an approximate amount of $495,000 to incentivize this $6 million project. • 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/Hormel; • ITC Midwest LLC; • Medline Industries, Inc. (November 2007); • Art's-Way Vessels, Inc.; • Kendall/Hunt Publishing Company, Westmark 6 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; • TriState Quality Metals, LLC; • Roasting Solutions, LLC; • Flexsteel Industries, Inc.; and • Medline, Industries, Inc. (May 2018) • Walter Development, LLC • Walter Development, LLC, BAS Development, LLC, and Unison Solutions, Inc. • 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. • These activities may also include future tax abatement agreements pursuant to the lowa Hiqh Quality Jobs Program with: • A national company that may establish a new food production facility in the District. This agreement is expected to include incentives in addition to tax abatement, such as the provision of grants funded through tax increment financing and the City's construction and installation of a new street and infrastructure. • The City expects to consider requests for additional development agreements for projects that are consistent with this Plan, as amended, in the City's sole discretion. Such additional agreements are unknown at this time, but based on past history and dependent on development opportunities and climate, the City expects to consider a broad range on incentives as authorized by this Plan, as amended, including, but not limited to, land, loans, grants, tax rebates, public infrastructure assistance, and other incentives. The costs of 7 such additional development agreements will not exceed $10,000,000 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 accessibility to U.S. Highway 20 from Subareas B, C, E, F, I, J. 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 commercial and industrial expansion in the District. b.) These activities include, but are not limited to, related legal expenses. 13. Construction by the County of one or more County-owned buildings in Subareas I and/or J. a.) These activities include the support of the County's investment of Dubuque County funds into the construction of a new office building and a new maintenance and storage shop on certain County-owned real property situated at 13047 City View Drive for use by the County's Secondary Roads, Health, Zoning and County Assessor Departments. The County funding for this project may come from borrowed funds through the issuance of general obligation indebtedness or such other sources as the County may identify in the future. It is not anticipated that the City or TIF funds from the District will finance this project in any way. Public purpose activities are limited to those areas delineated on the URBAN RENEWAL DISTRICT map (Attachment A). 8 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. 1. Land Use Subareas A, B, C, D, E, F, G, H, I, J, K, L, M, and N 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, F, G, H, I, J, K, L, M, and N. 2. Planninq and Design Criteria The planning criteria to be used to guide the physical development of Subareas A, B, C, D, E, F, G, H, K, L, M, and N 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, E, F, K, and N 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. Subareas G, H, L, and M are intended to develop as an Industrial area similar to Subareas B, C, D, E, and F. d. Subareas I and J are located in Dubuque County outside of City of Dubuque corporate limits and therefore are not subject to City Development Codes. F. LAND ACQUISITION AND DISPOSITION The City of Dubuque is prepared to acquire and dispose of property in support of the 9 development and redevelopment of the District within the parameters set forth below. 1. Land Acquisition The City has acquired substantially all of the land located within the District, except Subareas I and J, and has made the same available for private development in accordance with this Plan. The City is in the process of acquiring the land located in Subareas L and M of the District and will make the same available for public development in accordance with this Plan. 2. Land Disposition All City owned land that is available for development within the District, 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 lowa 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; however, if any relocation is necessary as part of the eligible urban renewal projects, the City will follow all applicable relocation requirements. 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 lowa Code and through the use of tax increment financing under Chapter 403 of the lowa 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 10 within the meaning of Section 384.24(3)(q) of the lowa 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 lowa Code on a case-by-case basis. 2. Tax Increment Financinq 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 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 lowa 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 11 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 lowa 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 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 $70,500,000. The City of Dubuque's current general debt subject to the statutory debt limit is $111,687,827 (a list of the outstanding obligations is found at Attachment C) and the current statutory debt limit is $239,298,248. 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. 12 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, F, G, H, I, J, K, L, M, and N 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, F, G, H, I, J, K, L, M, and N shall be limited as provided by law (currently twenty (20) years from the calendar year following the calendar year in which the City 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 as provided for in Section 403.19 (tax increment financing) of the lowa Code, or in which the City first includes the Subarea in an ordinance for the division of tax increment revenue). 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 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 lowa 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 13 B Land Use Maps B-1 Existing Land Use B-2 Proposed Land Use C List of General Obligation Debt D Legal Descriptions 14 � �� iii ! ��''� ', I � � '� _ � _ ;�� ��` � �:si> > ���r �� � - � ��,�� ���� ������� ��:�-����� y _ � �� ,� � . � � . - � �� -� - . . � � � �r- �� � .� � J ' J.JJ � � 11 ' J� �rJ..J� �tl ��Y �!'Jtl 'J1!'1J !" ���'!� 'J ' lll�tl � �J� �l'!!" � ��. � ���' .3 _,_ f�.� ts,� Y' ■ ...�, �� ''�� i i �� � � -- ,"�� _,� ,, , �` � �y�-�- � 1w_- , �� ��►. � ' .. �� � � - � �� _ , �r �� f;: ,y�,'� " � �� A s .,J Y'��� �/vs (� _ � . .� i .� , /� i '��..a _ =".�- �� ' �r = � � � - - _ �„� : i ► ' ',' _ � - � . � �� ;y� ��"` ? f i/ ,- �,��/,i.� � - �'- ,� r � � _ _f � .�/ � _ .� � � � � ���/ „ _ , -c:.V,i� % ✓ � ' � , , , � : .,• � $ -� _ �� . �.„� �,,, � I � J P v ��` � _ ` ._ � I � _ I ` ` ` , :� -A S 20 ar� NORTH � 1��a. � 1' � � \ ; District Boundary Subarea H � � �' - � _ /� � Subarea A i Subarea I � �e"�� _' ' I I �,: � � + Subarea B i Subarea J _ :��'_. �'-- + Subarea C Subarea K � ,� 52 Subarea D Subarea L � � CY : ''"E�'T''�F � Subarea E i Subarea M DU$ E , ;� Subarea F + Subarea N Masterpiece ora t6«A-1x�.�issip�i i��_ �� I"���i-�� ,�� / .- �s = 1 �, �� �r ,. . , s �` — �� Subarea G � Dubuque City Limits �,� ������ �� � � -- �`��. ,, t � � ��� ,� . ,������ — � / �"r�`� �� � � ��� I I �� � � � !.� '' � �� � f� ,� �, ..,;: �:s!> > ���r �- - �;s N� � ,�� �� !r�,� � � � � - � �: � y - � J� � , � , � � �� ,� � . � � . - , � _� . . � � � �� � .� � J ' J.JJ � � 11 ' J� �YJ..J� �tl ��Y �!'Jl1J1!'1J !" ���'!� 'J ' lll�tl � �J� �l'!!",� ,�. � � ��, 3 _,_ 1 - ��"`_'�:.: Y' ',�;•�'�f' �� � �� ,� --- ,s- i I I" _�� � Y� r� 'y�~'�" �� �" , I J�.'_� � �l .,. a �r ;� ����r� � _,�� M i � � � d •el%�'; . /'�.�, _ . �, _ . ' � � �. Y�I� `�� �� �� � � ", _ � 1 �Y - -- a ��_ �`�,�— 1'� _ � / = - ,, "4 _ � , � _ �" _ I ' ;� ~�, , /i�f' I�Q,` — _ _ _ _ ` ` y. ��!",,i.� -P � / � � �,. _ // r, � _ f .- � � `" . � - . � , - , . - — �^ ,_ � ,T\ �I ,, .J �� < � $ �:�. - i f--�s �� � � i ,. --. - , , � � � �'' '�i - ,,. . I � _ _ . � v ,,, r � . District Boundary �� Agriculture Ir __ _ � � � � Commercial/Recreation e j 2� "� Heavy Industrial � � � Institutional � ��.��r' � �,- Light Industrial � � - � _ ,/��� Office � �� _ "��- i , Open Space --� _ , ,,,.�.,-.��-- _ Park � 52 Single Family/Duplex � � � THE CITY OF � � VtlCpIIY Dus E -- ,f � ;� � ; �� County Agriculture Maeterpiece ora d�u,A-1x�.�ieaipp7 �-� � P:% � .+�� / � f ; �� � � ��f NORTH � Dubuque City Limits ,�, �f� � � _ �r s.e ;� . � � � ', . ,� �—� — � / �"r' '. . _. � ��� I �' I �� � � � !,� '' � �� � f� � � � � � � � � � N � � N � - ;� `„_.,;: _ �.s!> > �� r �- � - ��� < < �� !r> > � � � � ;: �: y .�J .�J _ � ,� . � � _ _� ,. �� ��� � '� � J ' J.JJ � � �1 ' J� �YJ..J� r�l1 ��Y �!'�11�1r1J!" ���'!� � ' 1�1�11 � �J� �l'!!" � � �� ���, � ,� � .� � _ _ � � - - �: . t=.� I� ,,�'�f' ;�� ' �� ,I -- ; �� � � _� ,,� r ° �` " ,y-�� � t� � , � ��. ����� � �� =�� �� ,�r� �,�„�! pr ;� _�� M :�: , ._J � . _ �' � d �"'�I ,� . _ . � . _ � ' ! �J� �'''1�' '� = °`',, i' .�.�,. � J — ✓ _ _ ; __.._��_ , 1 _ �` � — � ; � , .-- _ , ¢� � � = - `—� ,� �� . ��,�` 1 _� -- � � �..� �� ,� �,� �, ��'�- , ^--� � �I � �■ ,y .i� �� y � � . / y - � � � � � Il / I � :.. r' �� _ / � f/� � . � _ ._.... . I '' ., . / , � �„ �. . ., .. . =� o� . � � ... . .. � � i . � 4 . .i ' � , ' �4 :-!� � — \`` , ,, � _ :i,,,_ -=--- p d�_ I � � _ r ,: - , � .�r� � �-- . , � � � District Boundary e j 2� "� � Dubuque City Limits � � � Commercial/Recreation � --���� ���� � �� � Heavy Industrial � � - �� _ ,/�� � Institutional _ ' ,,. �i _ '��- i , Light Industrial _ � �Y'��� Mixed-Use Residential � ,� 52 Office � � � THE CITY OF � Open Space Dus E ,f � Masterpiece ora t6«A-1a�.�issipE�i I. i:; v PpYk .{'< =- l�I ,' �� NORTH , , �. . ,, s � ' — r :� � Single-Family Residential , �'r !: � -- ,�%. �� . � � � , . ,� �-� - � / �"r' • . _. Attachment C City of Dubuque Summary of Bonded Indebtedness Date Average Year of Amount Principal Principal Interest Principal Description of Interest Final of Outstanding Due Due Outstanding Issue Rate Payment Issue 6/30/20 FY 2021 FY 2021 6/30/21 GeneralObligation Bonds (Essential Corporate Purpose) Airport New Term Furnishings-STax 20% 11/17/14 3.30% 2026 55,000 30,000 5,000 900 25,000 Airport Improvements Refunding 4/17/17 3.00% 2030 282,200 228,100 19,200 6,843 208,900 Airport Improvements-PFC 6/28/12 3.20% 2032 2,145,000 1,470,000 105,000 48,728 1,365,000 Airport Improvements-Sales Tax 20°/o 6/28/12 3.20% 2032 90,000 20,000 10,000 480 10,000 Airport Terminal Utility Improv-PFC 11/17/14 3.30% 2034 690,000 540,000 30,000 17,456 510,000 Airport New Terminal Roads/Parking 4/4/16 2.79% 2036 635,927 523,705 28,775 14,053 494,930 Airport Runway Lighting-FY20 Future 4.00% 2040 156,400 156,400 2,686 6,256 153,714 Airport Snow Removal Equip-FY20 Future 4.00% 2040 230,000 230,000 3,949 9,200 226,051 America's River Refunding-General Fund 4/17/17 3.00% 2021 1,984,100 520,700 520,700 15,621 - America's River Refunding-GDTIF 4/17/17 3.00% 2021 1,255,000 330,000 330,000 9,900 - Building-Conf Center Improv-ST20% 6/20/19 3.00% 2022 25,076 16,725 8,358 2,838 8,368 Building-Conf Center Energy Improv 6/20/19 3.00% 2027 187,136 164,288 22,848 4,929 141,440 Building 18th Street Improv Sales Tax 20% 3/19/18 3.05% 2026 391,913 306,121 46,796 9,294 259,325 Building City Hall Brickwork-ST20% 6/20/19 3.00% 2027 236,448 210,230.61 27,697.18 9,405 182,533 Building Smart Meters Refunding 4/17/17 3.00% 2030 45,400 36,700 3,100 1,101 33,600 Building Federal Building Roof-Sales Tax 4/4/16 2.79% 2035 268,404 221,039 12,145 5,931 208,894 Civic Center Improvements-Sales Tax 6/20/19 3.00% 2027 323,146 287,316 37,853 12,854 249,463 Civic Center Chair Platform Section 3 6/20/19 3.00% 2027 59,340 52,095 7,245 1,563 44,850 DICW Expansion-Non Taxable-Refunding 4/4/16 2.91% 2023 3,175,000 700,000 625,000 21,000 75,000 DICW Expansion-South Siegert Farm 3/19/18 3.05% 2026 239,534 187,099 28,601 5,680 158,498 DICW North Siegert Refunding 4/17/17 3.00% 2029 1,285,000 1,010,000 100,000 30,300 910,000 DICW Expansion-Consultant 12/10/12 2.53% 2032 151,462 107,582 7,785 2,709 99,797 DICW Expansion-South Siegert Farm- 6/28/12 3.20% 2032 3,975,000 2,725,000 195,000 90,365 2,530,000 DICW Expansion-South Siegert Farm- 6/20/19 3.00% 2032 305,357 285,937 19,437 6,600 266,500 DICW Taxable-Land Acquisition 11/17/14 3.99% 2034 1,640,000 1,235,000 70,000 44,875 1,165,000 DICWChavenelle Road-FY21 Non- Future 6.00% 2041 1,295,000 - 1,295,000 E911 Tower Relocation-Sales Tax 20% 6/20/19 3.00% 2027 141,869 126,139 16,618 5,643 109,520 Finance General Ledger Software-FY21 Future 4.00% 2041 250,000 - 250,000 Fire Station#4 Improvements-Gaming 6/20/19 3.00% 2027 188,054 161,108 26,968 9,158 134,140 FireAmb/BuildingHVAC/Bunkerlrrigation/ 11/17/14 3.30% 2025 715,000 375,000 70,000 11,250 305,000 Fire Truck Refunding-Debt Service Levy 4/17/17 3.00% 2030 951,500 769,400 64,800 23,082 704,600 Fire Station#2/Park Improvements-Sales 11/17/14 3.30% 2034 320,000 245,000 15,000 7,925 230,000 Fire Ambulance Replacement 4/17/17 3.00% 2030 230,000 185,000 15,000 5,550 170,000 Fire Structural Repairs 5&6/Quick Pump- 6/20/19 3.00% 2039 448,875 448,875 13,466 448,875 Fire Pumper Replacement-FY20 Future 4.00% 2040 292,000 292,000 5,014 11,680 286,986 Fire Replace HVAC Headquarters-FY20 Future 4.00% 2040 80,000 80,000 1,374 3,200 78,626 Fire Ladder Replacement-FY21 Future 4.00% 2041 289,000 - - - 289,000 Fire Replace HVAC Headquarters-FY21 Future 4.00% 2041 169,000 169,000 Franchise Fee Settlement Judgment Bond 4/4/16 2.93% 2035 2,830,000 2,310,000 135,000 64,906 2,175,000 GDTIF Main Street Refunding 4/17/17 3.00% 2021 305,000 80,000 80,000 2,400 - GDTIF Kephart's Building-Refunding 4/4/16 2.91% 2023 200,000 90,000 30,000 2,700 60,000 GDTIF Library Renovation-Refunding 4/4/16 2.91% 2023 1,275,000 580,000 185,000 17,400 395,000 GDTIF Colts Building Renovation 6/20/19 3.00% 2039 1,575,000 1,575,000 - 47,250 1,575,000 GDTIF East/West Cooridor-FY20 Future 4.00% 2040 450,000 450,000 7,727 18,000 442,273 GDTIF-Engineering Projects-FY20 Future 4.00% 2040 108,000 108,000 1,854 1,287 106,146 GDTIF-Parks Projects-FY20 Future 4.00% 2040 283,000 283,000 4,859 11,320 278,141 GDTIF-DT Parking Ramp-FY20 Future 4.50% 2040 1,500,000 1,500,000 24,428 67,500 1,475,572 GDTIF Eng Dock Expansion-FY21 Future 4.00% 2041 406,000 - - - 406,000 GDTIF Parks Jackson ParkAmenities-21 Future 4.00% 2041 250,000 - - - 250,000 Date Average Year of Amount Principal Principal Interest Principal Description of Interest Final of Outstanding Due Due Outstanding Issue Rate Payment Issue 6/30/20 FY 2021 FY 2021 6/30/21 GDTIF Parking E 12th and Elm-FY21 Future 4.50% 2041 589,000 589,000 GDTIF Downtown Housing Refunding 4/17/17 3.00% 2030 2,120,000 1,745,000 140,000 54,955 1,605,000 GDTIF Millwork District Refunding 4/17/17 3.00% 2030 2,080,000 1,685,000 145,000 50,550 1,540,000 GDTIF 7th StreeU2-Way Conversion 3/15/12 2.70% 2031 5,560,000 3,675,000 290,000 98,194 3,385,000 GDTIF Intermodal 3/15/12 2.54% 2031 4,380,000 2,890,000 225,000 73,312 2,665,000 GDTIF 5th St Restroom/MFC 12/10/12 2.53% 2032 1,988,538 1,412,421 102,215 35,560 1,310,206 GDTIF MCIC/ADAAssist./Econ. Dev Grants 12/10/12 1.70% 2032 1,035,000 275,000 135,000 5,780 140,000 GDTIF Washington Neighborhood 6/28/12 3.20% 2032 755,000 540,000 40,000 17,885 500,000 GDTIF Intermodal/Millwork Parking/CHI 11/17/14 3.99% 2034 5,670,000 5,570,000 75,000 203,889 5,495,000 GDTIF Transit Roof/DT Loan Pool/ADA 11/17/14 3.30% 2034 190,000 170,000 10,000 5,525 160,000 Library Improvements-Sales Tax 20% 6/20/19 3.00% 2022 39,408 35,038 4,616 1,568 30,422 Library Improvements 12/10/12 2.49% 2027 173,992 97,435 12,909 3,871 84,526 Park Improvements-Gaming 12/10/12 2.49% 2022 209,050 66,600 22,200 1,360 44,400 Park Improvements Sales Tax 20% 12/10/12 2.49% 2022 171,808 43,733 21,595 954 22,138 Park Improvements-Sales Tax 20% 6/20/19 3.00% 2027 47,290 42,047 5,539 1,881 36,507 Park Water System Study Refunding 4/17/17 3.00% 2030 60,000 48,500 4,100 1,455 44,400 Park Ham House-Sales Tax 20% 4/4/16 2.79% 2035 200,668 165,256 9,080 4,434 156,176 Park Skate Park(FY 19) 6/20/19 3.00% 2027 613,524 538,617 74,907 16,159 463,710 Parking Refinanced Portions 5th/3rd St/IA 12/10/12 1.22% 2021 5,541,573 50,000 50,000 1,100 - Parking Port of Dubuque Parking Ramp 3/19/18 3.05% 2026 373,553 291,780 44,603 8,860 247,177 Parking Central Ave Ramp Refunding 4/17/17 3.00% 2030 6,380,000 5,035,000 485,000 151,050 4,550,000 Parking lowa Street Ramp Improvements 3/19/18 2.91% 2031 45,516 39,664 3,070 1,128 36,594 Parking Locust Ramp Security Cameras 6/20/19 3.00% 2033 126,054 116,344 9,718 3,300 106,626 Parking Improvements 11/17/14 3.30% 2034 185,000 140,000 10,000 4,487 130,000 Parking Ramp Improvements-Taxable 11/17/14 3.99% 2034 305,000 240,000 15,000 8,705 225,000 Police Software Replacement-Gaming 12/10/12 2.49% 2022 355,950 113,400 37,800 2,315 75,600 Police CAD Software-Gaming 11/17/14 3.30% 2030 260,000 185,000 15,000 5,700 170,000 Public Works Equipment Sales Tax 30% 11/17/14 3.30% 2022 305,000 90,000 45,000 2,700 45,000 Public Works Equip Refunding 4/17/17 3.00% 2030 392,000 316,900 26,700 9,507 290,200 Public Works Radio Replacement 3/19/18 2.91% 2028 110,000 88,536 10,732 2,441 77,804 PW Curb Ramp/Engineering Street Improv 11/17/14 3.30% 2034 1,250,000 975,000 55,000 31,525 920,000 Recreation Improvements-Sales Tax 20% 6/20/19 3.00% 2022 4,082 2,723 1,361 462 1,362 Recreation Improvements-Sales Tax 20°/o 12/10/12 2.49% 2027 14,924 8,633 1,061 208 7,572 Sanitary Improvements Refunding 4/17/17 3.00% 2030 660,000 535,000 45,000 16,050 490,000 Sanitary Sewer Improvements 3/19/18 2.91% 2031 1,030,009 897,595 69,463 25,528 828,132 Sanitary Forcemain Repair 12/10/12 2.49% 2032 655,239 445,659 32,521 11,565 413,138 Sanitary Sewer Improvements 6/20/19 3.00% 2033 1,124,412 1,051,586 72,887 24,750 978,699 Sanitary Sewer Improvements � 11/17/14 3.30% 2034 5,670,000 4,845,000 285,000 156,675 4,560,000 Sanitary Sewer Improvements 4/4/16 2.79% 2035 2,405,000 1,985,000 110,000 53,206 1,875,000 Solid Waste Collection Refunding 4/17/17 3.00% 2030 51,300 41,500 3,500 1,245 38,000 Solid Waste Collection 3/19/18 2.91% 2031 27,447 23,919 1,851 680 22,068 Solid Waste Tipper Carts-FY21 Future 4.00% 2041 280,000 280,000 Stormwater Refunding 4/4/16 2.91% 2028 6,270,000 3,655,000 615,000 109,650 3,040,000 Stormwater Sales Tax Revenue -GO 5/19/14 3.23% 2029 7,190,000 7,190,000 323,100 7,190,000 Stormwater Improvements Refunding 4/17/17 3.00% 2030 2,015,000 1,620,000 145,000 48,600 1,475,000 Stormwater Improvements 3/19/18 2.91% 2031 1,714,542 1,494,127 115,628 42,494 1,378,499 Stormwater Improvements 3/15/12 2.70% 2031 1,935,000 1,225,000 95,000 32,732 1,130,000 Stormwater 7th Street Storm Improvements 12/10/12 2.49% 2032 134,342 91,371 6,668 2,371 84,703 Stormwater Improvements 6/20/19 3.00% 2033 290,796 271,376 19,437 6,600 251,939 Streetlight Replacement Refunding-ST 4/17/17 3.00% 2030 4,900 4,000 300 120 3,700 Street FEMA Land Buyout-Gaming 6/20/19 3.00% 2027 64,901 57,861 7,046 2,393 50,815 Street Fiber/Sidewalk/Lights Refunding 4/17/17 3.00% 2030 258,600 209,200 17,600 6,276 191,600 StreetSouthwestArterial 3/19/18 2.91% 2031 771,557 672,369 52,033 19,122 620,336 Street Southwest Arterial-Sales Tax 30% 12/10/12 2.49% 2032 1,280,545 885,052 58,276 21,287 826,776 Transit Radio Replacement 3/19/18 2.91% 2028 95,000 76,464 9,268 2,109 67,196 Transit Midtown Transfer 6/20/19 3.00% 2039 216,125 216,125 6,484 216,125 Transit Vehicle Replacement-FY20 Future 4.00% 2040 372,420 372,420 6,394 14,896 366,026 Transit Vehcile Replacement-FY21 Future 4.15% 2041 427,000 - - - 427,000 WaterSystem Improvements 3/19/18 2.91% 2031 1,155,930 1,007,328 77,955 28,648 929,373 Date Average Year of Amount Principal Principal Interest Principal Description of Interest Final of Outstanding Due Due Outstanding Issue Rate Payment Issue 6/30/20 FY 2021 FY 2021 6/30/21 Water System Improvements 12/10/12 2.49% 2032 644,151 438,119 31,971 11,369 406,148 Water System Improvements 6/20/19 3.00% 2033 1,323,107 1,240,571 87,465 29,700 1,153,106 Water System Improvements 11/17/14 3.30% 2034 9,195,000 8,250,000 485,000 266,781 7,765,000 Water System Improvements 4/4/16 2.79% 2035 635,000 525,000 30,000 14,088 495,000 Total General Obligation Bonds 123,813,394 87,271,828. 7,558,286.1 2,791,937 83,668,541 Tax Increment Port of Dubuque Parking Ramp 10-16-07 7.5000% 2037 23,025,000 18,985,000 590,000 1,423,875 18,395,000 Total Tax Increment Bonds 23,025,000 18,985,000 590,000 1,423,875 18,395,000 40 Main(GDTIF) 08-06-09 2020 690,529 90,880 90,880 4,529 - Total Tax Increment Notes 690,529 90,880 90,880 4,529 - Total Tax Increment 23,715,529 19,075,880 680,880 1,428,404 18,395,000 TIF bond issue for the Port of Dubuque Parking Ramp backed by Greater powntown TIF&a minimum assessment agreement Tax Increment Economic Development TIF Rebate Agreements Faley Properties(DICW) 2/7/11 Rebate 2022 904,638 210,806 105,403 - 105,403 Green Industrial Supply(DICW) 8/15/11 Rebate 2023 2,908,812 533,776 177,925 - 355,851 Tri-State Quality Metals(DICW)Non- 3/17/14 Rebate 2026 32,510 49,387 49,387 - 49,387 Roasting Solutions(DICW)Non- Appropriation 1/14/16 Rebate 2028 33,666 40,045 40,045 - 40,045 Rite Hite(DICW)Non-Appropriation 1/14/17 Rebate 2030 24,190 24,473 24,473 - 24,473 Hormel Foods (DICW)(100%2021/40% 4/21/08 Rebate 2026 8,250,067 2,016,934 672,311 - 1,344,623 Victory Cafe 756 Main St.(GDTIF) 6/21/10 Rebate 2022 87,053 11,239 5,749 - 5,490 Bowling&Beyond Lease Buyout(GDTIF) 10/15/12 Lease 2032 1,000,000 600,000 50,000 - 550,000 Flexsteel(GDTIF) 4/18/11 Rebate 2024 2,020,572 781,743 195,436 - 586,307 The Rose(Lake Ridge) 9/26/11 Rebate 2024 136,014 68,527 17,132 - 51,395 Linseed Oil(GDTIF)Multi-Res 3/7/13 Rebate 2030 576,504 168,384 16,838 - 151,546 Rousselot(GDTIF)(Non-Appropriation) 1/22/13 Rebate 2025 4,931 10,915 10,915 - 10,915 Julien Hotel(GDTIF) 4/21/08 Rebate 2026 3,260,286 1,250,396 208,399 - 1,041,997 44 Main(GDTIF)Multi-Res 10/18/10 Rebate 2027 446,799 144,767 22,851 - 121,916 Barker Financial(GDTIF)Multi-Res 8/16/10 Rebate 2027 297,282 67,950 12,537 - 55,413 Engine House#1 (GDTIF) 6/6/11 Rebate 2027 171,166 68,927 9,847 - 59,080 253 Main St.(GDTIF)(Non-Appropriation) 4/6/15 Rebate 2027 5,798 2,997 2,997 - 2,997 Spahn and Rose (GDTIF)(Non- 4/21/14 Rebate 2027 108,221 105,313 105,313 - 105,313 Franklin Investment-Multires(GDTIF) 4/4/11 Rebate 2028 437,225 189,322 29,069 - 160,253 Plastic Center Betty Jane Block(GDTIF) 2/7/11 Rebate 2028 148,957 60,518 7,565 - 52,953 Caradco(GDTIF)Multi-Res 3/21/11 Rebate 2028 1,499,442 820,675 113,018 - 707,657 Bonson 356 Main St.(GDTIF)Multi-Res 12/19/11 Rebate 2028 152,286 48,393 7,282 - 41,111 Roshek Building(GDTIF)(Non- 2/17/09 Rebate 2030 5,149,852 266,124 266,124 - 266,124 Novelty Iron Works(GDTIF)(Non-Approp) 6/17/13 Rebate 2031 33,105 75,352 75,352 - 71,732 Smokestack(GDTIF)(Non-Approp) 6/17/18 Rebate 2022 1,623 541 541 - 541 Rockfarm Holdings(TECH)Non- 10/7/14 Rebate 2027 42,301 36,455 36,455 - 36,455 Total TIF Rebates 27,733,300 7,653,959 2,262,964 - 5,998,977 i General Fund Leases Various Various Ongoing 194,160 155,000 155,000 lowa Finance Authority Loan-Caradco 12-01-10 3.0000% 2030 4,500,000 3,639,903 169,594 131,250 3,470,309 Total Other Lns-Rev Backed 4.500.000 3.639.903 169.594 131.250 3.470.309 Total City Indebtedness Subject to Debt Limit 179.956.383 117.796.570 10,671,724. 4,351,591 111.687.827 Revenue Bonds Parking Bricktown Parking Lot 7/21/08 5.00% 2023 400,000 121,344 32,557 5,665 88,787 Sanitary Northfork Catfish Improvements SRF 1/13/10 3.25% 2031 912,000 529,000 46,000 17,192 483,000 Date Average Year of Amount Principal Principal Interest Principal Description of Interest Final of Outstanding Due Due Outstanding Issue Rate Payment Issue 6/30/20 FY 2021 FY 2021 6/30/21 Sanitary Water&Resource Recovery Upgrade SRF 8/18/10 3.25% 2039 74,285,000 57,961,000 2,538,000 1,159,220 55,423,000 Sanitary WRRC Cogeneration&Sponsor SRF 5/17/13 2.00% 2033 3,048,000 2,116,000 144,000 42,320 1,972,000 Sanitary Kerper Boulevard SRF 3/8/19 1.00% 2038 2,763,000 2,406,682 124,000 24,120 2,290,537 Sanitary Projects-FY20 Future 2.00% 2040 871,000 871,000 19,570 17,420 851,430 Sanitary Projects-FY21 Future 2.00% 2041 2,711,000 49,838 2,711,000 Stormwater Lower Bee Branch Restoration 10/27/10 3.25% 2041 7,850,000 6,224,000 211,000 202,280 6,013,000 Stormwater Lower Bee Branch SRF- 9/1/14 2.00% 2034 1,029,000 715,000 49,000 14,300 666,000 Stormwater Northfork Catfish Improv.SRF 1/13/10 3.25% 2031 800,000 463,000 40,000 15,048 423,000 Stormwater Sales Tax Increment Revenue 6/15/15 3.72% 2031 20,800,000 20,800,000 - 762,650 20,800,000 Stormwater Upper Bee Branch&Sponsor SRF 6/17/15 2.00% 2037 30,941,000 21,890,336 1,160,000 316,131 20,978,000 Stormwater Upper Bee Branch RR SRF 6/7/19 2.00% 2040 16,382,000 7,137,910 674,000 206,560 13,708,910 Stormwater West 32nd Detention Basin 1/14/09 3.25% 2028 1,847,000 876,000 98,000 28,470 778,000 Water Planned Projects-FY21 Future 2.00% 2041 980,000 - 980,000 Water Roosevelt Water Tower SRF 8/9/19 2.00% 2040 4,400,000 3,095,251 181,000 80,508 4,219,000 Water CIWA Purchase&Improvements 7/7/17 2.00% 2036 10,198,000 7,277,300 512,000 162,260 7,825,300 Water-CIWAContractPurchase 12/28/16 3.00% 2022 5,000,000 2,000,000 1,000,000 60,000 1,000,000 Water-Clear Well Reservoirs SRF 10/18/07 3.25% 2028 915,000 435,000 48,000 8,700 387,000 Water Meter Change Out Program SRF 2/12/10 3.25% 2031 6,394,000 3,984,000 307,000 129,480 3,677,000 Water System Improvements&Ext. 11/4/O8 4.71% 2023 1,195,000 315,000 100,000 15,598 215,000 Water System Improvements&Ext. 8/16/10 3.54% 2030 5,700,000 3,850,000 240,000 144,450 3,610,000 Total Revenue Bonds 199,421,000 143,067,823 7,524,127 3,462,210 149,099,964 Total City Indebtedness 379.377,383 260.864,394 18,195,851 7,813,801 260.787,791 Statutory Debt Limit 227,661,474 $239,298,248 %of Debt Limit Used 51.74% 46.67% Remaining Debt Capacity 109,864,903 127,610,421 ATTACHMENT D DUBUQUE INDUSTRIAL CENTER ECONOMIC DEVELOPMENT DISTRICT (2021.1) Updated March 10, 2021 LEGAL DESCRIPTION: Subarea A of the District consists of the real property legally described as follows: ■ All of Dubuque Industrial Center Eighth Addition; and ■ All of Lot 1 Dubuque Industrial Center 13th Addition; and ■ Lot 2 Dubuque Industrial Center 13th Addition; and ■ Lot 1-2-2 Dubuque Industrial Center Fifth Addition; and ■ Lot 1 Dubuque Industrial Center Fifth Addition; and ■ Lot 1 Dubuque Industrial Center 11th Addition; and ■ Lot 1 of 2 of Dubuque Industrial Center Fifth Addition; and ■ Lot 1 of 2 of Dubuque Industrial Center Fifth Addition; and ■ Lot 1-3 Dubuque Industrial Center 12th Addition; and ■ Lot 1 of lot 3 of final plat of lot 1 of Dubuque Industrial Center First Addition; and ■ Lot 1 Dubuque Industrial Center 10th Addition; and ■ Lot 2-3 Dubuque Industrial Center 12th Addition; and ■ Lots 1 & 2 of final plat of lot 1 of Dubuque Industrial Center First Addition; and ■ Lot 1 Dubuque Industrial Center 12th Addition; and ■ Lot 2 Dubuque Industrial Center Ninth Addition; and ■ Lot 2 Dubuque Industrial Center 12th Addition; and ■ Lot 2-2 Dubuque Industrial Center Sixth Addition; and ■ Lot 3 Dubuque Industrial Center Ninth Addition; and ■ Lot 1 Dubuque Industrial Center Sixth Addition; and ■ Lot 2 of 2 Dubuque Industrial Center 7th Addition; and ■ Lot 2-1 Walter Addition; and ■ Lot 2-1 Walter Addition; and ■ And all adjoining public right-of-way, all in the City of Dubuque, Dubuque County, lowa. 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 as originally platted; and ■ Lots 1, 2, 3, 4, 5, 6, 7, 8, and C of Dubuque Industrial Center West 2nd Addition as originally platted; and ■ Lots 1, 2, 3, 4, B, and C of Dubuque Industrial Center West 4th Addition as originally platted; and ■ Lotslofl, lof2, 2of2, 1of3, 2of3, 1of5, A, C, andDofDubuquelndustrialCenter West 5th Addition as originally platted; and ■ Lot 1 and Lot A of Dubuque Industrial Center West 6th Addition as originally platted; and ■ Lots 1, 1 of 2, and 2 of 2 of Dubuque Industrial Center West 7th Addition as originally platted; 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 as originally platted; and ■ 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, lowa, 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, lowa. Subarea C of the District consists of the real property legally described as follows: ■ Lots 1 and 2 of Dubuque Industrial Center North Second Addition; and Lots 2, 3, C and A of Dubuque Industrial Center North First Addition, excepting that Part of said Lot A originally platted as Lot 2 of the SW% of the NW% of Sec. 30, T89N, R2E of the 5th PM; and any adjoining public street right-of-way, all in the City of Dubuque, Dubuque County, lowa. EXCEPT those lots and parcels now forming Subarea K. Subarea D of the District consists of the real property legally described as follows: ■ Lots 1, 2, and B and all of the right of way of Chavenelle Court in Dubuque Industrial Center West 8th Addition in the City of Dubuque, Dubuque County, lowa. 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 as originally platted, including any adjoining public street right-of-way to said lots, all in the City of Dubuque, Dubuque County, lowa, 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, lowa, 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, lowa, 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, lowa; ■ Lot 2 in "W.A. Norman Place" in Section 25, Center Township, Dubuque County, lowa, 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, lowa. Subarea G of the District consists of the real property legally described as follows: ■ The South one-half of the Northwest Quarter of Section 29, Township 89 North, Range 2 East of the 5th Principal Meridian, in the City of Dubuque, lowa. ■ Lot 1 of Lot 1 of the Northwest Quarter of the Northwest Quarter of Section 29, Township 89 North, Range 2 East of the 5t" Principal Meridian, in the City of Dubuque, lowa. ■ Lot 2 of McFadden Farm Place #2, in the City of Dubuque, lowa. ■ Lot 2 of McFadden Farm Place, in the City of Dubuque, lowa. ■ Lot A of Lot 1 of 1 of the Southwest Quarter of the Southwest Quarter of Section 29, Township 89 North, Range 2 East of the 5t" Principal Meridian, in the City of Dubuque, lowa. ■ Lot A of Lot 1 of 1 of the Northwest Quarter of the Southwest Quarter of Section 29, Township 89 North, Range 2 East of the 5t" Principal Meridian, in the City of Dubuque, lowa. ■ All in the City of Dubuque, Dubuque County, lowa. Subarea H of the District consists of the real property legally described as follows: ■ Lot 1 of the Northeast% of the Northeast%, and Lot 2 of Lot 1 of Lot 1 of Lot 2 of the Northeast % of the Northeast %, of Section 30, in Township 89 North, Range 2 East of the 5th Principal Meridian, in the City of Dubuque, lowa. Subarea I of the District consists of the real property legally described as follows: ■ Lot 2 Seippel Road Place#2, Dubuque County, lowa. ■ Lot 2-1-1 of the Southeast Quarter of the Southeast Quarter of Section 25, Township 89 North, Range 2 East of the 5th Principal Meridian, Dubuque County, lowa Subarea J of the District consists of the real property legally described as follows: ■ Lot 2 Julien Care Place, Dubuque County, lowa. ■ Lot 3 Julien Care Place, Dubuque County, lowa ■ Lot 2-1 Julien Care Place, Dubuque County, lowa Subarea K of the District consists of the real property legally described as follows: ■ Lot 1 of Dubuque Industrial Center North Third Addition, in the City of Dubuque, lowa. Subarea L of the District shall include the following described properties: ■ Lot 1 of Loretta Bahl's Homestead, in the City of Dubuque, lowa, comprised of Lot 1 of the West 30 Acres of the Southwest% of the Southeast %, Section 19, Township 89 North, Range 2 East of the 5th P.M. Subarea M of the District shall include the following described properties: ■ Lot 2 of the Subdivision of Lot 2 of the Northeast % of the Northeast % of Section 30, Township 89 North, Range 2 East of the 5th P.M. Subarea N of the District shall include the following described properties: ■ Lot 1 of Dubuque Industrial Center North First Addition, in the City of Dubuque, lowa; and ■ All of the street right of way of Innovation Drive adjacent to Lot 1 of Dubuque Industrial Center North First Addition, in the City of Dubuque, lowa. All in the City of Dubuque, lowa 1 Adrienne Breitfelder From:Adrienne Breitfelder Sent:Wednesday, April 21, 2021 2:08 PM To:kevin.dragotto@dubuquecounty.us Cc:Jill Connors; Ian Hatch Subject:City of Dubuque 4/19/21 Urban Renewal Resolutions and Ordinances Attachments:Resolution No. 124-21_Amended and Restated Urban Renewal Plan for the North Grandview Estates Housing Urban Renewal Area, Version 2021.2.pdf; Resolution No. 125-21_Amended and Restated Urban Renewal Plan for the Dubuque Industrial Center, Version 2021.1.pdf; Resolution No. 126-21_Amended and Restated Urban Renewal Plan for the Dubuque Industrial Center, Version 2021.2.pdf; Ordinance No. 14-21_Amending the Tax Increment Ordinance 02-21 for the North Grandview Estates Housing Urban Renewal Area.pdf; Ordinance No. 15-21_Amending a Tax Increment Ordinance for the Dubuque Industrial Center Economic Development District, as Amended by Version 2018.3.pdf; Ordinance No. 16-21_Amending a Tax Increment Ordinance for the Dubuque Industrial Center Economic Development District, as Amended by Version 2021.2.pdf Kevin, Attached are certified copies of City of Dubuque 4/19/21 resolutions and ordinances related to the following Amended and Restated Urban Renewal Plans: 1. North Grandview Estates 2. Dubuque Industrial Center Economic Development District, Version 2021.1 3. Dubuque Industrial Center Economic Development District, Version 2021.2 The Economic Development department has provided you with a copy of each of the Amended and Restated Urban Renewal Plans. Please let me know if you have any questions. Thank you, Adrienne N. Breitfelder (she/her/hers) City Clerk, City of Dubuque abreitfe@cityofdubuque.org 563-589-4121 (office) 563-581-6473 (cell) STATE OF IOWA SS: DUBUQUE COUNTY CERTIFICATE OF PUBLICATION I, Kathy Goetzinger, 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: 04/23/2021 and for which the charge is 145.60 Subscribed to before me, a Notary Public in and for Dubuque County, Iowa, this 26th day of April, 2021 -Kl- po'�"t' Notary blic in and for Dubuq e County, Iowa. JANET K. PAPF- rog mission Number 199969 May Comm,. E.xp. DEC 11, 2422 Ad text : OFFICIAL PUBLICATION ORDINANCE NO. 16-21 EXECUTIVE SUMMARY THE ORDINANCE IN ITS ENTIRETY IS ON FILE IN THE OFFICE OF THE CITY CLERK, 50 W. 13TH STREET, DUBUQUE AMENDING ORDINANCE NO. 15-21, 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 (the District) 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 No. 171-13 on June 3, 2013, Resolution No. 197-15 on June 1, 2015, Resolution No. 309-15 on September 8, 2015, Resolution No. 132-16 on September 19, 2016, Resolution No. 157-18 and Resolution No. 158-18 on May 21, 2018, Resolution 380-18 on December 17, 2018, and Resolution 125-21 and Resolution 126-21 on April 19, 2021 (as amended and restated, the Urban Renewal Plan or Amended and Restated Urban Renewal Plan); 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 District 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, by Ordinance No. 10-14 on February 3, 2014, by Ordinance No. 39-15 on June 1, 2015, by Ordinance No. 55-15 on September 8, 2015, by Ordinance No. 49-16 on September 19, 2016, Ordinance 18-18 on May 21., 2018, by Ordinance 45-18 on December 17, 2018, and by Ordinance 15-21 on April 19, 2021; and 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 District, and the continuing needs of redevelopment within the District are such as to require the continued application of the incremental tax resources of the 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 15-21 is hereby amended to read as follows: Section 1: For purposes of this Ordinance, the following terms shall have the [specific] meanings. Legal descriptions are on file in the Office of the City Clerk. (a) Original Project Area (b) Subarea B (c) Subarea C (d) Subarea D (f) Subarea F (g) Subarea G (h) Subarea H (i) Subarea I 0) Subarea J (k) Subarea K (1) Subarea L (m) Subarea M (n) Subarea N (o) Amended Project Area 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 (except the lots and parcels now forming Subarea K), 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, and base values shall be reduced due to the removal of area from Subarea C. 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 Ordinance No. 39-15. As to Subarea G, 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 Ordinance No. 55-15. As to Subarea H, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2015, 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. 49-16. As to Subarea I, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2015, 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. 49-16. As to Subarea J, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2015, 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. 49-16. As to Subarea K, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2017, 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. 18-18. As to Subarea L, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2017, 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. 45-18. As to Subarea M, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2017, 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. 45-18. As to Subarea N, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2020, being the assessment roll applicable to property in such subarea as of January 1 of preceding the effective date of this Ordinance No. 16-21. 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. 18-18. 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 19th day of April, 2021. /s/Roy D. Buol, Mayor Attest: /s/Adrienne N. Breitfelder, City Clerk Published officially in the Telegraph Herald newspaper on the 23rd day of April, 2021. /s/Adrienne N. Breitfelder, City Clerk It 4/23