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Iowa Economic Development Authority_CVB Sports Authority CertificationOctober 24, 2011 Keith Rahe Dubuque Area Convention & Visitors Bureau 300 Main Street, Ste 200 Dubuque IA, 52001 Dear Keith: I am pleased to inform you that staff at the Iowa Economic Development Authority (IEDA) has reviewed your application and approved the eligibility of Dubuque Convention & Visitors Bureau for FY12 Regional Sports Authority District Certification. This is a preliminary determination only. The amount approved by IEDA is based on the estimates provided for your project and is provided at this time solely for your information and convenience. Neither this letter nor the IEDA's action shall be construed to create a contract, contract term, promise, guarantee, assurance, or representation of the actual award you may expect to receive. The actual award you may expect to receive is contingent upon all of the following: (1) the applicable statutory provisions and administrative rules; (2) the terms of a formal, written contract entered into with the Iowa Economic Development Authority; (3) the successful completion of all applicable project requirements. The award is for a maximum amount of $50,000. Soon our office will send you the necessary contract documents to finalize the terms and conditions of your company's participation in this program. The contract documents must be signed by authorized representatives of Dubuque Convention & Visitors Bureau and IEDA. You do not acquire any legal or equitable rights until these documents have been executed. Until a contract is executed, IEDA has no obligation to authorize funds for allowable project costs. If a contract is not signed, those costs will not be reimbursed by IEDA. The Iowa Economic Development Authority looks forward to working with you. Should you have any questions regarding this award, please contact your project manager, Shawna Lode at 515- 725 -3090 or shawna.lode @iowa.gov. Sincerely, . Deborah V. Durham - Director DVDIsr1 cc: Senator Pam Jochum Representative Pat Murphy Mayor Ray Buol Terry E. Branstad, Governor 0 C)` o jj C C. C rn (1 rTl ro Cn -0 7- DC, ca I TI CD N N IOWA DEPARTMENT OF ECONOMIC DEVELOPMENT Kim Reynolds, Lieutenant Governor Debi V. Durham, Director • 200 East Grand Avenue, Des Moines, Iowa 50309 USA • Phone: 515.725.3000 • Fax: 515.725.3010 • www.iowalifechanging.com '¶