Economic Develop Adams Co. Amend. #
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MEMORANDUM
May 31,2005
TO:
The Honorable Mayor and City Council Members
FROM:
Michael C. Van Milligen, City Manager
SUBJECT: Amendment #2 to Contract with the Economic Development
Administration
Economic Development Director Dave Heiar recommends City Council approval of
Amendment #2 to the Contract with the Economic Development Administration, which
provides for a six month extension to either demolish or provide a re-use proposal for
the Adams Company building located in the Port of Dubuque.
I concur with the recommendation and respectfully request Mayor and City Council
approval.
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Michael C~Van Milligen
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Attachment
cc: Barry Lindahl, Corporation Counsel
Cindy Steinhauser, Assistant City Manager
Dave Heiar, Economic Development Director
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CITY OF DUBUQUE, IOWA
MEMORANDUM
May 31, 2005
TO: Michael Van Milligen, City Manager
FROM: Dave Heiar, Economic Development Directorp~
SUBJECT: Amendment #2 to Contract with the Economic Development
Administration
INTRODUCTION
The attached resolution provides for the formal approval of an amendment #2 to the
City's existing contract with the Economic Development Administration.
DISCUSSION
In December of 2002, the City Council approved a contract with the Economic
Development Administration (EDA) for $2,000,000 to assist the City in acquiring Adams
Company's property, relocating the business, and demolishing the existing structures.
Since that time, the Adams Company property has been purchased by the City, and
company has constructed a new facility and relocated to the Dubuque Industrial Center
West.
Although the State Historic Preservation Commission and the Dubuque Historic
Preservation Commission have approved the demolition of the structures, the City
Council agreed in November of 2004 to delay demolition several months to provide the
Historical Society with an opportunity to present a re-use proposal for the buildings.
The Historical Society is in the process of making a final determination.
The City's grant agreement, as amended, expires June 17, 2005. A request for a six
month extension has been requested.
EDA has responded and has provided Project Amendment #2 to the contract, extending
the end date to November 25, 2005.
RECOMMENDATION
I recommend the City Council adopt the attached resolution approving the Project
Amendment #2 with the Economic Development Administration.
F:\USERS\WBaumIEDA APPLICATION FOR ADAMS COMPANY\Memo from Dave Heiar to Mike Van Milligen on EDA contract exlension2,doc
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U.S. DEPARTMENT OF COMMERCE
Economic Development Administration
DENVER REGIONAL OFFICE
1244 Speer Boulevard, Room 670
Denver, Colorado 80204-3584
(303) 844-5455 FAX (303) 844.3968
E-Mail: MKathrynAlspach@eda.doc.gov
May 24, 2005
In Reply Refer to:
Project No: 05-01-03816
Mr. William J. Baum, Director
Economic Development Department
City of Dubuque
50 West 13th Street
Dubuque, Iowa 52001-4864
Re: Project Amendment No.2
Dear Mr. Baum:
This will advise you that the Economic Development Administration (EDA) has processed
Amendment No.2 to EDA's Award No. 05-01-03816 which was effective November 25,2002.
The amendment provides a six-month time extension for completion of the project, until
November 25, 2005.
The scope of work is not changed by the amendment and all other terms and conditions of the
Financial Assistance Award shall remain in full force and effect.
Your acceptance of the Offer to Amend the Financial Assistance Award should be indicated by
the signature of your principal official, and certified by an official other than the accepting
official, on the signed copies of the Amendment. The acceptance copy must be returned to
Mary Kathryn Alspach, at the Denver Regional Office, Economic Development Administration,
1244 Speer Boulevard; Room 670, Denver Colorado 80204.
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Shirley R. Marshall for
Robert E. Olson
Regional Director
Amendment No.2
EDA Project No. 05-01-03816
City of Dubuque
Page 2
Acceptance:
The Grant Amendment is hereby accepted this
City of Dubuque, Iowa
Signature of Principal Official
Printed Name
Certification:
Signature
Printed Name
day of May 2005 by the
RESOLUTION NO. 242-05
A RESOLUTION AUTHORIZING THE EXECUTION OF PROJECT AMENDMENT # 2
TO A CONTRACT WITH THE ECONOMIC DEVELOPMENT ADMINISTRATION
Whereas, the City Council of Dubuque has approved a contract with the Economic
Development Administration (EDA) for a $2 Million grant to assist to assist in the
acquisition of property owned by the Adams Company in the Port of Dubuque,
relocation of the Company, and demolition of the existing facility; and
Whereas, contract will expire on June 17, 2005.
Whereas, the City needs additional time to prepare for demolition or re-use of the
existing buildings, and
Whereas, the City has requested and EDA has provided a proposed six month
extension of time for the completion of the project, and EDA has submitted Project
Amendment No.2 of the contract to the City for approval;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
DUBUQUE, IOWA:
Section 1. That the attached Project Amendment #2 with EDA extending the
completion date to November 25,2005 is hereby approved.
Section 2. That the Mayor is hereby authorized to execute, and the City Manager is
hereby directed to submit said Project Amendment #2 to the Economic Development
Administration.
Passed, approved, and adopted this 6th day of June, 2005.
Joyce E. Connors, Mayor Pro-Tem
Attest:
Karen M. Chesterman, Deputy City Clerk
F:\USERS\WBaum\EDA APPLICATION FOR ADAMS COMPANY\Resolution approving EDA Amendment #2.doc
AJnendnaent~o. 2
EDA Project ~o. 05-01-03816
City of Dubuque
Page 2
Acceptance:
The Grant AJnendnaent is hereby accepted this
City of Dubuque, Iowa
6th
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Sign1t re fPrincipalOfficial
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Joyce E. Connors, Mayor Pro-Tem
Printed ~anae
Certification:
Signature
Printed ~ame
June
day ofMa.y 2005 by the