Namasco Urban Renewal Agree
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MEMORANDUM
April 24, 2006
TO:
The Honorable Mayor and City Council Members
FROM:
Michael C. Van Milligen, City Manager
SUBJECT: Approval of Urban Renewal Joint Agreement
The Namasco Company, located on US Highway 20 west of the City of Dubuque, is
proposing a $6 million expansion at its current location. The company currently
employs 115, and is proposing to consolidate Iowa operations at the Dubuque County
location and add 40 additional jobs.
Economic Development Director Dave Heiar recommends City Council approval of a
Resolution approving an Urban Renewal Joint Agreement with Dubuque County
permitting the County to exercise urban renewal powers for the Namasco Company.
Because the Namasco site is within two miles of the City limits of Dubuque, the County
may exercise urban renewal powers only if the City of Dubuque enters into an
agreement with the County.
I concur with the recommendation and respectfully request Mayor and City Council
approval.
(Vv~J ~fltL /
Michael C. Van Milligen
MCVM/jh
Attachment
cc: Barry Lindahl, Corporation Counsel
Cindy Steinhauser, Assistant City Manager
Dave Heiar, Economic Development Director
CITY OF DUBUQUE, IOWA
MEMORANDUM
April 22, 2006
TO:
FROM:
SUBJECT:
Michael Van Milligen, City Manager
Dave Heiar, Economic Development Directo~~ .
Approval of Urban Renewal Joint Agreement
INTRODUCTION
This memorandum presents for City Council consideration a Resolution approving an Urban
Renewal Joint Agreement with Dubuque County permitting the county to exercise urban
renewal powers for the Namasco Company.
BACKGROUND
The Namasco Company, located on US Highway 20 west of the City of Dubuque, is proposing a
$6 million expansion at its current location. The company currently employs 115 and is
proposing to consolidate Iowa operations at the Dubuque County location. 40 additional jobs
will be created in Dubuque because of this expansion. The State of Iowa has approved an
application for CEBA funds for the Company. The local match on the state program is proposed
to be Tax Increment Financing. (TIF)
In order to provide TIF the county must establish an urban renewal/economic development
district under Chapter 403 of the Code of Iowa. Because the Namasco site is within two miles
of the City limits of Dubuque, the county may exercise urban renewal powers only if the City of
Dubuque enters into an agreement with the County.
DISCUSSION
Attached to this memorandum is a Resolution approving a proposed Urban Renewal Joint
Agreement. The Agreement provides that the County may exercise urban renewal powers with
respect to this property.
RECOMMENDATION
I recommend that the City Council approve the attached Agreement with Dubuque County. This
action supports the Council's objectives to assist a local business expand its operations and
create new jobs.
ACTION STEP
The action step for the City Council is to adopt the attached Resolution.
RESOLUTION NO. 171-06
A RESOLUTION APPROVING AN URBAN RENEWAL JOINT
AGREEMENT BETWEEN DUBUQUE COUNTY AND THE CITY OF
DUBUQUE.
Whereas, Namasco Company has proposed the expansion of its existing
operations; and
Whereas, the Dubuque County Board of Supervisors are considering a request
by the Namasco Company to establish an urban renewal area, and use urban renewal
powers to provided tax increment financing to the Company; and
Whereas, Iowa Urban Renewal law requires that, whenever a county establishes
an urban renewal area which includes property that is within two miles of the city limits
of a city, that city must agree to allow the County to use urban renewal powers;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
DUBUQUE, IOWA:
Section 1. That the attached Urban Renewal Joint Agreement is approved.
Section 2. That the Mayor is hereby authorized to execute the Agreement attested
by the City Clerk.
Passed, approved, and adopted this first day of May 2006.
Roy D. Buol, Mayor
Attest: Jeanne Schneider, City Clerk
F:\USERSIDHeiar\NamascoIResolution approving Joint Agreement.doc
EXHIBIT B
URBAN RENEWAL JOINT AGREEMENT
Dubuque County, Iowa and the City of Dubuque, Iowa
WHEREAS, pursuant to Chapter 403 of the Code of Iowa, counties have certain urban
renewal powers; and
WHEREAS, in accordance with paragraph 4 of Section 403.17 of the Code ofIowa, a county
may exercise urban renewal powers with respect to property which is located within two miles of
the boundary of a city only if the county and city have entered into a joint agreement with respect
to such exercise of powers; and
WHEREAS, the Board of Supervisors of Dubuque County (the "County") has proposed to
adopt an urban renewal plan and to establish the Dubuque County Urban Renewal Area No.1,
containing the real property owned by NAMASCO described on Exhibit A hereto (the "Property");
and
WHEREAS, the Property is situated in the unincorporated portion of the County, but lies
within two miles of the boundary of the City of Dubuque, Iowa (the "City"); and
WHEREAS, the Board of Supervisors of the County has requested that the City enter into
this joint agreement in order to enable the County to exercise urban renewal powers with respect to
the Property;
NOW, THEREFORE, it is agreed by the County and the City as follows:
Section 1. The County may exercise urban renewal powers pursuant to Chapter 403 of
the Code of Iowa with respect to the Property.
Section 2. This Agreement shall be deemed to meet the statutory requirements of
paragraph 4 of Section 403.17 of the Code of Iowa and shall be effective following approval by the
governing bodies and execution by the appropriate officials of the County and the City.
IN WITNESS WHEREOF, the County has caused this Agreement to be executed by the
Chairperson of its Board of Supervisors and attested by its County Auditor, and the City has caused
this Agreement to be executed by its Mayor and attested by its City Clerk, as of the dates shown
opposite their respective signatures below.
DUBUQUE COUNTY, IOWA
Attest:
~AA6e.)-1.~~
County Auditor
Date: 2J.-/ /J1J n / Z{)VtP
CITY OF DUBUQUE, IOWA
By
Mayor
Attest:
Date:
City Clerk
EXHIBIT B
URBAN RENEWAL JOINT AGREEMENT
Dubuque County, Iowa and the City of Dubuque, Iowa
WHEREAS, pursuant to Chapter 403 of the Code of Iowa, counties have certain urban
renewal powers; and
WHEREAS, in accordance with paragraph 4 of Section 403.17 of the Code onowa, a county
may exercise urban renewal powers with respect to property which is located within two miles of
the boundary of a city only if the county and city have entered into a joint agreement with respect
to such exercise of powers; and
WHEREAS, the Board of Supervisors of Dubuque County (the "County") has proposed to
adopt an urban renewal plan and to establish the Dubuque County Urban Renewal Area No. I,
containing the real property owned by NAMASCO described on Exhibit A hereto (the "Property");
and
WHEREAS, the Property is situated in the unincorporated portion of the County, but lies
within two miles of the boundary of the City of Dubuque, Iowa (the "City"); and
WHEREAS, the Board of Supervisors of the County has requested that the City enter into
this joint agreement in order to enable the County to exercise urban renewal powers with respect to
the Property;
NOW, THEREFORE, it is agreed by the County and the City as follows:
Section I. The County may exercise urban renewal powers pursuant to Chapter 403 of
the Code ofIowa with respect to the Property.
Section 2. This Agreement shall be deemed to meet the statutory requirements of
paragraph 4 of Section 403.17 of the Code onowa and shall be effective following approval by the
governing bodies and execution by the appropriate officials of the County and the City.
IN WITNESS WHEREOF, the County has caused this Agreement to be executed by the
Chairperson of its Board of Supervisors and attested by its County Auditor, and the City has caused
this Agreement to be executed by its Mayor and attested by its City Clerk, as of the dates shown
opposite their respective signatures below.
DUBUQUE COUNTY, IOWA
By uJ
Chairperso
Attest:
~6t-h. J~
County Auditor
Date: Ztf 4p n I ZrJt}U?
CITY OF DUBUQUE, IOWA
By
Mayor
Attest:
Date:
City Clerk
Dubuque Co.l423703-4fUR Joint Agmt
URBAN RENEWAL JOINT AGREEMENT
Dubuque Couuty, Iowa and the City of Dubuque, Iowa
WHEREAS, pursuant to Chapter 403 of the Code of Iowa, counties have certain urban
renewal powers; and
WHEREAS, in accordance with paragraph 4 of Section 403.17 of the Code of Iowa, a
county may exercise urban renewal powers with respect to property which is located within two
miles of the boundary of a city only if the county and city have entered into a joint agreement
with respect to such exercise of powers; and
WHEREAS, the Board of Supervisors of Dubuque County (the "County") has proposed
to adopt an urban renewal plan and to establish the Dubuque County Urban Renewal Area No. I,
containing the real property owned by NAMASCO described on Exhibit A hereto (the
"Property"); and
WHEREAS, the Property is situated in the unincorporated portion of the County, but lies
within two miles of the boundary of the City of Dubuque, Iowa (the "City"); and
WHEREAS, the Board of Supervisors of the County has requested that the City enter into
this joint agreement in order to enable the County to exercise urban renewal powers with respect
to the Property;
NOW, THEREFORE, it is agreed by the County and the City as follows:
Section I. The County may exercise urban renewal powers pursuant to Chapter 403
of the Code ofIowa with respect to the Property.
Section 2. This Agreement shall be deemed to meet the statutory requirements of
paragraph 4 of Section 403.17 of the Code of Iowa and shall be effective following approval by
the governing bodies and execution by the appropriate officials of the County and the City.
-1-
DORSEY & WHITNEY, ATTORNEYS, DES MOINES, IOWA
Dubuque Co.l423703-4/UR Joint Agmt
IN WITNESS WHEREOF, the County has caused this Agreement to be executed by the
Chairperson of its Board of Supervisors and attested by its County Auditor, and the City has
caused this Agreement to be executed by its Mayor and attested by its City Clerk, as of the dates
shown opposite their respective signatures below.
DUBUQUE COUNTY, IOWA
By
Chairperson, Board of Supervisors
Attest:
County Auditor
Date:
CITY OF DUBUQUE, IOWA
By
Mayor
Attest:
Date:
City Clerk
-2-
DORSEY & WHITNEY, ATTORNEYS, DES MOINES, IOWA
Dubuque Co./423703.4/UR Joint Agmt
EXHIBIT A
Description of Property
Certain real property situated in the County of Dubuque, State of Iowa, legally described as
follows:
Parcel I:
Lots I and 2 of the Subdivision of Lot 2 of Correction Plat of Lot I of "Dane Place" in Section 7,
Township 88 North, Range 2 East of the Fifth Principal Meridian, Table Mound Township,
Dubuque County, Iowa.
Parcel 2:
Lot I of Lot 2 of Lot I of Lot I of the Subdivision of the East Half of the Northwest Fractional
Quarter and of the Northwest Fractional Quarter of the Northwest Fractional Quarter of Section
7, Township 88 North, Range 2 East of the Fifth Principal Meridian, according to the United
States Goverrunent Survey and the recorded plats thereof. Subject to highway and easements of
record.
E-I
DORSEY & WHITNEY, ATTORNEYS, DES MOINES, IOWA