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3-M Develop - Dbq Brewing & Malting - D. Clemens David L. Clemens Jeffrey L. Walters , .,~/ ' j ~)1///!!, H,//,/'b;v- ~U'''''d./ ~ I ,/ ,._.,../ J' Jennifer A. Clemens-Conlon Sarah E. Stork Meyer 2080 Southpark Ct. Dubuque, IA 52003 Phone: (563) 582-2926 Fax: (5631 582-2998 omce@CWcmlaw.com January 30, 2006 Members of the Dubuque City Council cia City Hall 13'h and Central Avenue Dubuque, IA 52001 Dear Ladies & Gentlemen: I apologize for not meeting with you at the Council Meeting with 3-M Development, Ltd., however; I did indicate to them that I thought nothing would be accomplished and there would be another delay. I now think since this has been going on for months without one concrete fact presented by the objectors. It is time for the Council to request figures. For instances, it is our understanding that the objectors have raised money. At the time of writing this letter, no one from the objectors contacted my clients for possible purchase. I think they are very well aware that in essence this is an eminent domain by delay. I would think the council would want to know who the potential buyer would be. The historical society said they are not. What is the estimate by an engineer or architect for just stabilizing the building, what is in store for the development of the building and what are the facts and figures as to the actual cost of the development of the building, what grants and from what agencies are they going to look to receive grants, how much money or tax credits or tax deferral are they going to ask from the City of Dubuque? I have not seen one question asked at the last meeting concerning this. Also, how much time are you going to allow? This building has been sitting empty and has been deteriorating for years. My father-in-law owned a house across the street which we just sold a few years ago. At that time, there had been no attempt to have any improvement done to the building. It is my understanding from the realtor that when the building was listed and even when it got to this price, it was offered to different organizations and the City and it was not in any historical district at that time. I would think that even if the building is stabilized by another owner it will remain empty and further deteriorate. All this has now changed since someone from the free enterprise system purchased the building with the intent to make a profit. It would appear that there is no consideration being made to the loss of money on a daily basis to my clients. I have not talked to one citizen of the City of Dubuque that is in favor of this delay. In fact, they say the City of Dubuque should be encouraging development in the City under the free enterprise system. LAW OFFICES OF CLEMENS, WALTERS, CONLON & MEYER, P.C. Page 2 3-M Development, Ltd. asks the City Council's action to delay the development of this property be rescinded immediately. Sincerely, ~ David L. Clemens OLe/cas S:\wpICyndi\letlel'8\d1c\ 12506-llrl.wpd