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Iowa Inn Project support Cily M~11"gd'~ Office 50 West -13th Street Dubuque, Iowa 52001-<1864 (319) 589-41 to (319) 589-4149 FAX D~B~gJE - ~Yk-~ July 13, 2000 Jean Richard Eide, Vice President MetroPlains Development Spruce Tree Centre 1400 University Avenue St. Paul, MN 55104-3825 Dear Ms. Eide: On behalf of the Mayor and City Council Members, I would like to add our support to your application for tax credits for the Iowa Inn project in Dubuque, Iowa. The City Council has identified downtown redevelopment as one of their top priorities and the Iowa Inn is a significant part of this effort. This structure, which is located in the heart of downtown and adjacent to our pedestrian plaza, has been the focus of housing redevelopment efforts for the past several years. Included in this project is the original YMCA building, which is the only remaining structure of its type in the State of Iowa. Combined with the adjacent building, these structures present an excollent opportunity to provide much needed affordable housing in the City of Dubuque. On May " 2000, the City Council gave preliminary approval to a proposal by MetroPlains Development for redevelopment of the Iowa Inn site into 31 housing units. MetroPlains' vast experience and national recognition for affordable housing projects across the Midwest was key to the selection of MetroPlains by City Council as the developer of the Iowa Inn site. Included in this approval was language indicating the City's commitment to help resolve parking needs for this project. In their proposal to City Council, MetroPlains identified the development of 31 one-and two-bedroom units. As a result, the City Council has agreed to provide accesS to a total of 31 parking spaces for the development. Best of luck in your pursuance of tax credits for this very exciting and much needed project. Sincerely, 1& /J ) jY/juh I C/>1 !It/A Michael C. Van MilIigen City Manager MCVM/dd _._------'--~-------" .~---- __... .< 'no.... ~.__ _..,,~_..h~_""'__' -.-. -~-_. ,...~-- .----...-..-.--.---..-.. ..'-'''--. -- ..-,..-- -_...---~ rnh'HYri.\V Responsibility Innovation Teamwork