Dubuque Industrial Center Economic Development District AmendmentMasterpiece on the Mississippi
TO: The Honorable Mayor and City Council Members
FROM: Michael C. Van Milligen, City Manager
Dubuque
kital
All- America City
II 111!
2012
SUBJECT: Amended and Restated Urban Renewal Plan for Dubuque Industrial
Center Economic Development District
DATE: May 23, 2013
Economic Development Director Dave Heiar recommends City Council approval of the
Amended and Restated Urban Renewal Plan for the Dubuque Industrial Center
Economic Development District. The plan has been updated to reflect expenditures
planned for FY2013- FY2014 that have not been included in previous plans, as required
by the provisions of House File 2460, adopted by the Iowa legislature in 2012.
I concur with the recommendation and respectfully request Mayor and City Council
approval.
kr,„ 7)4,
Michael C. Van Milligen
MCVM:jh
Attachment
cc: Barry Lindahl, City Attorney
Cindy Steinhauser, Assistant City Manager
Teri Goodmann, Assistant City Manager
David J. Heiar, Economic Development Director
Masterpiece on the Mississippi
DATE: May 28, 2013
TO: Michael C. Van Milligen, City Manager
FROM: David J. Heiar, Economic Development Director
SUBJECT: Amended and Restated Urban Renewal Plan for Dubuque Industrial
Center Economic Development District
Dubuque
Leal
All-America City
11111
2012
Introduction
The purpose of this memorandum is to forward for City Council review and approval of
the Amended and Restated Urban Renewal Plan for the Dubuque Industrial Center
Economic Development District. The proposed amendment will comply with the
provisions of House File 2460, adopted by the Iowa legislature in 2012, requiring urban
renewal plans be amended or modified to reflect any active urban renewal project.
Background
On April 15, 2013, the City Council approved a Resolution of Necessity finding that the
established urban renewal district meets the definition of an economic development
area under state law, and is appropriate for urban renewal activities. Staff has
prepared an Amended and Restated Urban Renewal Plan for the district as per the
directive of the City Council.
A consultation process was conducted with the affected taxing entities as required by
Chapter 403.5 of the Iowa Code. Prior to the meeting, the taxing entities were mailed
copies of the Amended and Restated Urban Renewal Plan and the Notice of Public
Hearing. The required consultation to discuss, question, or object to the findings in
these documents was held on May 17, 2013. There were no representatives from the
taxing entities in attendance.
Discussion
Legislative changes to the urban renewal law in 2012 require further detail on public
purpose activities. The plan has been updated to reflect expenditures planned for
FY2013- FY2014 that have not been included in previous plans. Those expenditures
include:
• Previously approved consultant work that will examine and identify future areas
for acquisition and industrial park development.
• Previously approved site work and grading associated with the development of
the Dubuque Industrial Center, the Dubuque Industrial Center West and
Dubuque Industrial Center South.
• Previously approved development of road, water, wastewater, and storm water
infrastructure associated with the development of the Dubuque Industrial Center,
the Dubuque Industrial Center West and the Dubuque Industrial Center South.
• Previously approved development of the Bergfeld recreational area, pond, and
walking trail.
• Previously approved site work and grading associated with the development of
the Dubuque Industrial Center, the Dubuque Industrial Center West and
Dubuque Industrial Center South.
• General landscaping and maintenance expenses in public right -of -way and
undeveloped land owned by the City of Dubuque.
• Previously approved property tax rebate agreements with:
o Leo A. Theisen and Theisen Supply, Inc.;
o A.Y. McDonald Mfg. Co.;
o Green Industrial Supply;
o Walter Development, LLC and TM, Inc.;
o Spiegel Family Realty Company;
o Progressive Packaging, LLC;
o ITC Midwest LLC;
o Medline Industries, Inc.;
o Art's -Way Vessels, Inc.;
o Kendall /Hunt Publishing Company, Westmark Enterprises, Inc. and Great
River Technologies, LLC.;
o Chavenelle Warehouse Development, LLC and Theisen Supply, Inc.;
o P &L Venture, LLC, and National Dentex;
o Dubuque Screw Products, Inc.;
o Giese Properties, LLC and Giese Manufacturing Company, Inc. (Phase I and
II);
o The McGraw -Hill Companies, Inc.;
o Faley Properties, L.L.C. and Faley Enterprises, Inc.;
o Malay Holdings, LLC, and Vanguard Countertops, Inc.;
o Tri -State Industries;
o Walter Development, LLC.
• Previously approved agreements to sell bonds, leveraging tax increment financing
on capital improvement for:
o American Tank and Fabrication, Co. (formerly Vessel Systems, Inc.) for the
development of a 31,000 square feet industrial manufacturing facility at 8025
Chavenelle Road.
o The Adams Company for the development of a 50,000 square foot industrial
facility at 8040 Chavenelle Road.
• A contract for service with the Greater Dubuque Development Corporation to
promote business retention and expansion, workforce development, new business
recruitment and retail expansion in the District.
Recommendation
I recommend that the attached resolution adopting the Amended and Restated Urban
Renewal Plan be approved to support investment efforts in the District.
Action Step
The Action Step for the City Council is to review and approve the resolution to adopt the
Amended and Restated Urban Renewal Plan for the Dubuque Industrial Center
Economic Development District.
attachments
F: \USERS \Econ Dev \Urban Renewal \Dubuque Industrial Center UR District\2013.1 DIC Urban Renewal Plan\2013.1 Memo for
Public Hearing.docx
Prepared By: David Heiar ED Director City of Dubuque 50 W. 13th St. Dubuque, IA 52001 (563) 589 -4393
Return To: David Heiar ED Director City of Dubuque 50 W. 13th St. Dubuque, IA 52001 (563) 589 -4393
RESOLUTION NO. 171 -13
A RESOLUTION APPROVING THE AMENDED AND RESTATED URBAN RENEWAL
PLAN FOR THE DUBUQUE INDUSTRIAL CENTER ECONOMIC DEVELOPMENT
DISTRICT.
Whereas, on April 15, 2013 the City Council of the City of Dubuque, Iowa authorized
the preparation of an Amended and Restated Urban Renewal Plan (the "Plan ") for the
Dubuque Industrial Center Economic Development District (the "District "); and
Whereas, the City of Dubuque's primary objective in amending this Plan is to
provide opportunities for further development and investment in the Industrial Center;
and
Whereas, a consultation process has been undertaken with affected taxing
entities in accordance with Chapter 403 of the Code of Iowa with no written objections
or recommended changes to the Plan received; and
Whereas, the City Council, in accordance with Chapter 403 of the Code of Iowa,
has held a public hearing on the proposed amended and restated Plan after public
notice thereof.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF DUBUQUE, IOWA:
Section 1. That the Amended and Restated Urban Renewal Plan for the
Dubuque Industrial Center Economic Development District, on file in the City Clerk's
Office and made reference to herein, be approved.
Section 2. That the City Clerk of the City of Dubuque, Iowa is hereby authorized
and directed to file a certified copy of the Resolution in the office of the Dubuque
County Recorder.
Passed, approved and adopted this 3rd day of June, 2013.
City Clerk
Roy D. Buol
Mayor
F: \USERS \Econ Dev \Urban Renewal \Dubuque Industrial Center UR District\2013.1 DIC Urban Renewal Plan\2013.1 Adoption
Resolution.docx
Prepared by:
Return to:
Phil Wagner, City of Dubuque, 50 W. 13th Street, Dubuque, IA 52001 (563) 589 -4393
Kevin S. Firnstahl, City of Dubuque, 50 W. 13th Street, Dubuque, IA 52001 (563) 589 -4121
AMENDED and RESTATED
URBAN RENEWAL PLAN
Dubuque Industrial Center Economic Development District
City of Dubuque, Iowa
This Amended and Restated Urban Renewal Plan provides
for the continued development of the Dubuque Industrial
Center Economic Development District, originally
established by Resolution 130 -88 of the City Council of the
City of Dubuque, Iowa on May 2, 1988 and thereafter
amended and restated by Resolution 484 -90 on December
17, 1990, Resolution 142 -97 on April 7, 1997, Resolution
478 -97 on November 17, 1997, Resolution 15 -08 on January
7, 2008, Resolution 101 -08 on March 17, 2008, Resolution
109 -08 on April 7, 2008, Resolution 87 -11 on March 7, 2011,
and Resolution No. 171 -13 on June 3, 2013.
Prepared by the Economic Development Department.
Version 2013.1
TABLE OF CONTENTS
A. INTRODUCTION 3
B. OBJECTIVES 3
C. DISTRICT BOUNDARIES 4
D. PUBLIC PURPOSE ACTIVITIES 6
E. DEVELOPMENT & REDEVELOPMENT REQUIREMENTS 8
F. LAND ACQUISITION AND DISPOSITION 9
G. FINANCING ACTIVITIES 10
H. STATE AND LOCAL REQUIREMENTS 11
I. DURATION OF APPROVED URBAN RENEWAL PLAN 11
J. SEVERABILITY 13
K. AMENDMENT OF APPROVED URBAN RENEWAL PLAN 13
L. ATTACHMENTS 13
2
AMENDED and RESTATED
DUBUQUE INDUSTRIAL CENTER ECONOMIC DEVELOPMENT DISTRICT
URBAN RENEWAL PLAN
City of Dubuque, Iowa
A. INTRODUCTION
This AMENDED and RESTATED URBAN RENEWAL PLAN (the "Plan ") has been
prepared to provide for the further development and redevelopment of the DUBUQUE
INDUSTRIAL CENTER ECONOMIC DEVELOPMENT DISTRICT (the "District ") first
established by the City of Dubuque on May 2, 1988. Its intent is to stimulate economic
development activities within the expanded District through the commitment of public
actions as specified herein.
To achieve this objective, the City of Dubuque shall undertake the urban renewal
actions specified in this Plan, pursuant to the powers granted to it under Chapter 403 of
the Iowa Code Urban Renewal Law.
This Plan is an amendment and restatement of the Dubuque Industrial Center
Economic Development District Urban Renewal Plan adopted by Resolution 130 -88 of
the City Council of the City of Dubuque, Iowa on May 2, 1988 and subsequently
amended by Resolution 484 -90 on December 17, 1990, Resolution 142 -97 on April 7,
1997, Resolution 478 -97 on November 17, 1997, Resolution 15 -08 on January 7, 2008,
Resolution 101 -08 on March 17, 2008, Resolution 109 -08 on April 7, 2008, and
Resolution 87 -11 on March 7, 2011. This Plan shall serve as a new urban renewal plan
for the District described herein.
The division of taxation authorized by Section 403.19 and the separation of incremental
taxes as defined in Section 403.19(2) have been implemented in the existing area of the
District (the different areas of the District are hereinafter referred to as Subareas).
Under the terms of this Amended and Restated Plan, the tax increment mechanism
shall be continued and implemented within the District. Incremental taxes shall continue
to be determined separately with respect to each of the Subareas comprising the
District, and when collected shall be applied, subject to such liens and priorities as may
exist or be from time to time provided, with respect to the Amended and Restated
Dubuque Industrial Center Economic Development District, as so amended.
B. OBJECTIVES
The primary objectives of the Plan are the development and redevelopment of the
District for economic development activities, primarily industrial park development,
through:
3
1. Provision of marketable industrial development sites for the purpose of
job- creating economic development activities;
2. Provision of public infrastructure improvements, including sanitary sewer,
water and stormwater detention, supportive of full development of the
District;
3. Provision of a safe, efficient and attractive circulation system;
4. Establishment of design standards which will assure cohesive and
compatible development and redevelopment of the District;
5. Provision of public amenities that provide an aesthetically appealing
environment, including open space, buffering, landscaping, water features,
signage and lighting to create a distinctive and attractive setting;
6. Creation of financial incentives necessary to encourage new and existing
businesses to invest in the District; and
7. Expansion of the property tax base of the District.
C. DISTRICT BOUNDARIES
The District is located within the City of Dubuque, County of Dubuque, State of Iowa.
The City of Dubuque believes that the objectives of the Plan can best be accomplished
by defining the real property included within the District as five separate areas so as to
distinguish the original District (Subarea A) from the subsequent expansion areas
(Subareas B, C, D, and E).
Subarea A of the District consists of the real property legally described as follows:
• All of the Dubuque Industrial Center First, Second, Third, Fourth, Fifth, Sixth,
Seventh, Eighth, Ninth, Tenth and Eleventh Additions and the adjoining public
right -of -way, all in the City of Dubuque, Dubuque County, Iowa.
Subarea B of the District consists of the real property legally described as follows:
• Lots 1, 3, 4, 1 of 5, 6 and H of Dubuque Industrial Center West; and
• Lots 1, 2, 3, 4, 5, 6, 7, 8, and C of Dubuque Industrial Center West 2nd Addition;
and
• Lots 1, 2, 3, 4, B, and C of Dubuque Industrial Center West 4th Addition; and
• Lots 1 of 1, 1 of 2, 2 of 2, 1 of 3, 2 of 3, 1 of 5, A, C, and D of Dubuque Industrial
Center West 5th Addition; and
• Lots 1, 2, and A of Dubuque Industrial Center West 6th Addition; and
• Lots 1, 1 of 2, and 2 of 2 of Dubuque Industrial Center West 7th Addition; and
4
• Lot 2 of 1 of the Southwest Quarter of the Southwest Quarter and Lot 2 of 1 of
the Southeast Quarter of the Southwest Quarter all in Section 30, Township 89
North, Range 2 East, 5th Principal Meridian;
• and all that part of a 100 - foot -wide strip of the Chicago Central Pacific Railroad
right -of -way lying in the SE 1/4 of Section 30, the SE 1/4 of the SW 1/4 of Section
30, the NW 1/4 of Section 31, and the NE 1/4 of Section 31 all in T89N, R2E, of
the 5th P.M. Dubuque County, Iowa, the centerline of which is more particularly
described as follows: beginning at a point of intersection with the easterly line of
the SE 1/4 of Section 30, T89N, R2E, of the 5th P.M., thence southwesterly
along the centerline of said railroad 2,700 feet, more or less a point of
intersection with the westerly line of the SE 1/4 of said Section 30; thence
southwesterly continuing along said centerline 845 feet, more or less, to a point
where the railroad right -of -way widens to 200 feet, said point being the terminus
of this description; and
• all that part of a 100 - foot -wide strip of the Chicago Central Pacific Railroad right -
of -way lying in the Balance of Lot 1 of 1 of the Southwest Quarter of the
Southwest Quarter in Section 29, Township 89 North, Range 2 East, 5th Principal
Meridian; and
• any adjoining public street right -of -way all in the City of Dubuque, Dubuque
County, Iowa.
Subarea C of the District consists of the real property legally described as follows:
• Lot 1 -1 NW 1 /4 -NE 1/4; Lot 2 of E 10 acres NE 1 /4 -NW 1/4; Lot 2 -1 NW 1 /4 -NE
1/4; Lot 2 NW 1/4-NE 1 /4; Lot 1 E 1/4 NE 1/4-NW 1/4; W 3/4 NE 1/4-NW 1/4; Lot
2 -1 SE 1 /4 -NW 1/4; Lot 1 -1 SE 1 /4 -NW 1/4; and the SW 1 /4 -NE 1/4 all in Section
30, Township 89 North, Range 2 East, 5th Principal Meridian; and any adjoining
public street right -of -way in the City of Dubuque, Dubuque County.
Subarea D of the District consists of the real property legally described as follows:
• Lot 4 of Dubuque Industrial Center West 5th Addition, and Lot B of Dubuque
Industrial Center West 5th Addition in the City of Dubuque, Iowa.
Subarea E of the District consists of the real property legally described as follows:
• All of Lot 1 of 1 and Lot 1 of 2 of the South Fork Subdivision No. 1, including any
adjoining public street right -of -way to said lots, all in the City of Dubuque,
Dubuque County, Iowa, and;
• All of Seippel Road right of way from the north boundary line of Lot 1 of 1 of
South Fork Subdivision No. 1 in the City of Dubuque, to the south boundary lines
of Lot H of Dubuque Industrial Center West and Lot 1 of Dubuque Industrial
Center West 2nd Addition in the City of Dubuque, Dubuque County, Iowa,
including crossings at the intersections of Old Highway Road and Chicago
Central & Pacific Railroad rights -of -way.
5
The boundaries of the District are delineated on the URBAN RENEWAL DISTRICT map
(Attachment A).
The City of Dubuque reserves the right to modify the boundaries of the District at some
future date. Any amendments to the Plan will be completed in accordance with Chapter
403 of the Iowa Code Urban Renewal Law.
D. PUBLIC PURPOSE ACTIVITIES
To meet the OBJECTIVES of this Plan, the City of Dubuque has and expects to
continue to initiate and support development and redevelopment of the District through,
among other things, the following PUBLIC PURPOSE ACTIVITIES:
1. Acquisition of property for public improvements and private development;
a.) These activities include, but are not limited to, previously
approved consultant work that will examine and identify future
areas for acquisition and industrial park development.
2. Demolition and removal of buildings and improvements not compatible
with or necessary for industrial park development and all site preparation
and grading required in connection with such development;
a.) These activities include, but are not limited to, the previously
approved site work and grading associated with the
development of the Dubuque Industrial Center, the Dubuque
Industrial Center West and Dubuque Industrial Center South.
3. Improvement, installation, construction and reconstruction of streets,
utilities and other improvements and rights -of -ways including but not
limited to the relocation of overhead utility lines, street lights, construction
of railroad spur tracks, appropriate landscaping and buffers, parks and
open space and signage;
a.) These activities include, but are not limited to, the previously
approved development of road, water, wastewater, and storm
water infrastructure associated with the development of the
Dubuque Industrial Center, the Dubuque Industrial Center West
and the Dubuque Industrial Center South.
b.) These activities include, but are not limited to, the previously
approved development of the Bergfeld recreational area, pond,
and walking trail.
4. Disposition of any property acquired in the District, including sale, initial
6
leasing or retention by the City itself, at its fair value;
5. Preparation of property for development and redevelopment purposes
including but not limited to activities such as appraisals and architectural
and engineering studies;
b.) These activities include, but are not limited to, the previously
approved site work and grading associated with the
development of the Dubuque Industrial Center, the Dubuque
Industrial Center West and Dubuque Industrial Center South.
6.) Maintenance of publicly utilized recreational and economic development
areas;
a.) These activities include, but are not limited to, general
landscaping and maintenance expenses in public right -of -way
and undeveloped land owned by the City of Dubuque.
7. Use of tax increment financing, loans, grants and other appropriate
financial tools in support of eligible public and private development and
redevelopment efforts;
a.) These activities include, but are not limited to, previously
approved property tax rebate agreements with:
• Leo A. Theisen and Theisen Supply, Inc.;
• A.Y. McDonald Mfg. Co.;
• Green Industrial Supply;
• Walter Development, LLC and TM, Inc.;
• Spiegel Family Realty Company;
• Progressive Packaging, LLC;
• ITC Midwest LLC;
• Medline Industries, Inc.;
• Art's -Way Vessels, Inc.;
• Kendall /Hunt Publishing Company, Westmark
Enterprises, Inc. and Great River Technologies, LLC.;
• Chavenelle Warehouse Development, LLC and Theisen
Supply, Inc.;
• P &L Venture, LLC, and National Dentex;
• Dubuque Screw Products, Inc.;
• Giese Properties, LLC and Giese Manufacturing
Company, Inc. (Phase I and II);
• The McGraw -Hill Companies, Inc.;
• Faley Properties, L.L.C. and Faley Enterprises, Inc.
• Malay Holdings, LLC, and Vanguard Countertops, Inc.
7
• Tri -State Industries
• Walter Development, LLC.
b.) These activities include, but are not limited to, previously
approved agreements to sell bonds, leveraging tax increment
financing on capital improvement for;
• American Tank and Fabrication, Co. (formerly Vessel
Systems, Inc.) for the development of a 31,000 square
feet industrial manufacturing facility at 8025 Chavenelle
Road.
• The Adams Company for the development of a 50,000
square foot industrial facility at 8040 Chavenelle Road.
8. Enforcement of applicable local, state and federal laws, codes and
regulations;
9. Enforcement of established design standards in furtherance of quality
development;
10. Development and implementation of a marketing program for the purpose
of promoting the purchase and development of industrial sites by private
developers;
11. Coordination and cooperation with the improvement of Seippel Road as it
affects Subarea B's accessibility to U.S. Highway 20.
12. Contracts with vendors to promote business retention, expansion,
recruitment, and workforce development;
a.) These activities include, but are not limited to, a contract for
service with the Greater Dubuque Development Corporation to
promote business retention and expansion, workforce
development, new business recruitment and retail expansion in
the District.
Public purpose activities are limited to those areas delineated on the URBAN
RENEWAL DISTRICT map (Attachment A).
All public purpose activities shall be conditioned upon and shall meet the restrictions
and limitations placed upon the District by the Plan.
E. DEVELOPMENT & REDEVELOPMENT REQUIREMENTS
The LAND USE and PLANNING AND DESIGN CRITERIA set forth herein shall apply to
any and all District properties the development and /or the redevelopment of which is
8
assisted by the City through any of the PUBLIC PURPOSE ACTIVITIES listed above.
1. Land Use
Subareas A, B, C, D, and E shall continue to be developed under the regulations
of the existing Dubuque Industrial Center Planned Industrial District. The allowed
uses provide for a mix of commercial and industrial land use activities within a
quality industrial park setting.
LAND USE maps (Attachments B -1 and B -2) identify the existing and the
proposed land uses within Subareas A, B, C, D, and E.
2. Planning and Design Criteria
The planning criteria to be used to guide the physical development of Subareas
A, B, C, D, and E are those standards and guidelines contained within the City of
Dubuque's Unified Development Code and other applicable local, state and
federal codes and ordinances.
a. Subarea A development will continue to be additionally governed by the
Conditions of Development and Operation Documents of the Dubuque
Industrial Center Planned Industrial District as amended from time to time.
b. Subareas B, C, and D will develop under a PI Planned Industrial District
ordinance as required by Section 16 -5 -24 of the City of Dubuque's Unified
Development Code. Development will follow the Planned Unit
Development regulations which require a conceptual development plan
and specific design and performance standards to be approved by
ordinance.
c. Subarea E is intended to develop as an Industrial area similar to Subareas
B, C, and D.
F. LAND ACQUISITION AND DISPOSITION
The City of Dubuque is prepared to acquire and dispose of property in support of the
development and redevelopment of the District within the parameters set forth below.
1. Land Acquisition
No land acquisitions are anticipated in the District at this time.
2. Land Disposition
Publicly held land will be sold for the development of viable uses consistent with
this Plan and not for purposes of speculation.
9
Land will be disposed of in accordance with the requirements set forth in Chapter
403 of the Iowa Code Urban Renewal Law. Developers will be selected on the
basis of the quality of their proposals and their ability to carry out such proposals
while complying with the requirements of this Plan.
Developers will be required by contractual agreement to observe the Land Use
Requirements and Planning and Design Criteria of this Plan. The contract and
other disposition documents will set forth the provisions, standards and criteria
for achieving the objectives and requirements outlined in this Plan.
3. Relocation Requirements
No relocation is anticipated at this time.
G. FINANCING ACTIVITIES
To meet the OBJECTIVES of this Plan and to encourage the development of the District
and private investment therein, the City of Dubuque is prepared to provide financial
assistance to qualified industries and businesses through the making of loans or grants
under Chapter 15A of the Iowa Code and through the use of tax increment financing
under Chapter 403 of the Iowa Code.
1. Chapter 15A Loan or Grant
The City of Dubuque has determined that the making of loans or grants of public
funds to qualified industries and businesses is necessary to aid in the planning,
undertaking and completion of urban renewal projects authorized under this Plan
within the meaning of Section 384.24(3)(q) of the Iowa Code. Accordingly, in
furtherance of the objectives of this Plan, the City of Dubuque may determine to
issue bonds or loan agreements, in reliance upon the authority of Section
384.24A, Section 384.24(3)(q), Section 403.12 (general obligation bonds) or
Section 403.9 (tax increment bonds), for the purpose of making loans or grants of
public funds to qualified businesses located within the District. Alternatively, the
City may determine to use available funds for the making of such loans or grants.
In determining qualifications of recipients and whether to make any such
individual loans or grants, the City of Dubuque shall consider one or more of the
factors set forth in Section 15A.1 of the Iowa Code on a case -by -case basis.
2. Tax Increment Financing
The City of Dubuque is prepared to utilize tax increment financing as a means of
financing eligible costs incurred to implement the Public Purpose Activities
identified in Part D of this Plan. Bonds, tax rebate agreements and \or loan
agreements may be issued by the City under the authority of Section 403.9 of the
Iowa Code (tax increment bonds) or Section 384.24A, Section 384.24(3)(q) and
10
Section 403.12 (general obligation bonds).
The City acknowledges that the use of tax increment revenues delays the ability
of other local taxing bodies to realize immediately the direct tax benefits of new
development in the District. The City believes, however, that the use of tax
increment revenues to finance the development of new industrial land and to
promote private investment in the District is necessary in the public interest to
achieve the OBJECTIVES of this Plan. Without the use of this special financing
tool, new investment may not otherwise occur or may occur within another
jurisdiction. If new development does not take place in Dubuque, property values
could stagnate and the City, County and School District may receive less taxes
during the duration of this Plan than they would have if this Plan were not
implemented.
Tax increment financing will provide a long -term payback in overall increased tax
base for the City, County and School District. The initial public investment
required to generate new private investment will ultimately increase the taxable
value of the District well beyond its existing base value.
Tax increment reimbursement may be sought for, among other things, the
following costs to the extent they are incurred by the City:
a. Planning and administration of the Plan;
b. Construction of public infrastructure improvements and facilities within the
District;
c. Acquisition, installation, maintenance and replacement of public
investments throughout the District including but not limited to street lights,
landscaping and buffers, signage and appropriate amenities;
d. Acquisition of land and /or buildings and preparation of same for sale or
lease to private developers, including any "write down" of the sale price of
the land and /or building;
e. Preservation, conservation, development or redevelopment of buildings or
facilities within the District to be sold or leased to qualified businesses;
f. Loans or grants to qualified businesses under Chapter 15A of the Iowa
Code, including tax rebate payments, debt service payments on any
bonds issued to finance such loans or grants, for purposes of expanding
the business or activity, or other qualifying loan programs established in
support of the Plan; and
g.
Providing the matching share for a variety of local, state and federal grants
and loans.
11
h. Any of the costs incurred in connection with any of the PUBLIC PURPOSE
ACTIVITIES described in Part D of this Plan.
3. Proposed Amount of Indebtedness
At this time, the extent of improvements and new development within the District
is only generally known. As such, the amount and duration for use of the tax
increment revenues for public improvements and /or private development can
only be estimated; however, the actual use and amount of tax increment
revenues to be used by the City for District activities will be determined at the
time specific development is proposed.
It is anticipated that the maximum amount of indebtedness which will qualify for
tax increment revenue reimbursement during the duration of this Plan, including
acquisition, public improvements and private development assistance within the
District, will not exceed $50,000,000.
The City of Dubuque's current general obligation debt is $90,258,482 (a list of the
outstanding obligations is found at Attachment C) and the applicable
constitutional debt limit is $183,621,403 for the Fiscal Year ending June 30,
2014, which is the fiscal year immediately following the update of this Plan.
H. STATE AND LOCAL REQUIREMENTS
All provisions necessary to conform with state and local laws have been complied with
by the City of Dubuque in the implementation of this Plan and its supporting documents.
I. DURATION OF APPROVED URBAN RENEWAL PLAN
1. Subarea A
This Plan shall continue in effect for Subarea A until terminated by action of the
City Council, but in no event before the City of Dubuque has received full
reimbursement from all incremental taxes of its advances and principal and
interest payable on all Tax Increment Financing or general obligations issued to
carry out the OBJECTIVES of the Plan.
2. Subareas B, C, D, and E
This Plan shall continue in effect until terminated by the City Council; provided,
however, that the collection of tax increment revenues from properties located in
Subareas B, C, D, and E shall be limited as provided by law (currently twenty
(20) years from the calendar year following the calendar year in which the City
first certifies to the County Auditor the amount of any loans, advances,
indebtedness or bonds which qualify for payment from the division of tax
increment revenue provided for in Section 403.19 (tax increment financing) of the
12
Iowa Code.)
The DEVELOPMENT AND REDEVELOPMENT REQUIREMENTS established, or as
amended from time to time by the City of Dubuque Zoning Ordinance, shall remain in
effect in perpetuity.
J. SEVERABILITY
In the event one or more provisions contained in this Plan shall be held for any reason
to be invalid, illegal, unauthorized or unenforceable in any respect, such invalidity,
illegality, unauthorization or unenforceability shall not affect any other provision of this
Plan and this Urban Renewal Plan shall be construed and implemented as if such
provision had never been contained herein.
K. AMENDMENT OF APPROVED URBAN RENEWAL PLAN
This Plan may be amended from time to time to respond to development opportunities.
Any such amendment shall conform to the requirements of Chapter 403 of the Iowa
Code. Any change effecting any property or contractual right can be effectuated only in
accordance with applicable state and local law.
L. ATTACHMENTS
A Urban Renewal District Map
B Land Use Maps
B -1 Existing Land Use
B -2 Proposed Land Use
C List of General Obligation Debt
F: \USERS \Econ Dev \Urban Renewal \Dubuque Industrial Center UR District\2013.1 DIC Urban Renewal Plan\2013.1 Urban
Renewal Plan.docx
13
CITY OF ®avUBUQUE,
IA
oFFICL°AL NOTICE
PUBLIC NOTICE is
hereby given that the
I f the City
Iowa, will
area. The
amended plan will Ide
City Counc� o e i y scribe the specific use
of Dubuque, I ll of tax increment funds,
hold a public hearing reflecting the utiliza
on the 3rd day of +June, tion of tax rebates, the`
2013 at 6 :30 p.m. in the creation of public infra
Historic' Federal Budd structure, or other
ing, City Council Cham- planned expenditures.
tiers (Second Floor), At the meeting,' he
350 West 6th Street, City Council will re
Dubuque, Iowa; at ceiue oral and written
which meeting the City ;comments from ?any
Council will consider a resident or property
proposed amendment owner of said City to
to the Amended and the above action. Writ
Restated Urban Renew- ten comments regard
aI Plan for the Dubuque ing the above Public
Industrial Center Eco hearing may be sub -
nomic ! Development miffed to the City
District. Clerk's Office on or'be-
The Dubuque Industri fore said time of public
al Center Economic De hearing. i
velopment District has Copies of supporting
general boundaries of documents for the pub -
the Northwest Arterial iic hearings are on file
to the east, along Cha- in the City Clerk's' Of-
venelle Road to Seippel #ice, 50 W. 1,..E 3h Street,
to the west, along In and may viewed
novation Drive to Penn- during normal working
Sylvania Avenue!to the hours.
north, 'and along 5eip Any visual or hearing
pel Road to the south impaired persons
boundary lines of Lot H needing special assis -+
of Dubuque Industrial tance or persons with'
Center West and Lot 1 special 'accessibility
of Dubuque Industrial _ needs should contact
Center West 2nd Addi- the City Clerk's Office
tion in the City'; of Du- %at (563) 589 -4120` or
buque TTY (563) 690 -6678 at
The Amended and least 48 hours prior to
Restated Urban Renew- the meeting.
al Plan for the ` Dubu- Published by order of
que Industrial ;Center 'the City Council given
Economic Development on the 15th day of
District will allow the April, 2013.
continued use of tax in Kevin Firnstahl,
crement financing to civic,
City Clerk'
promote economic de- t5/24
velopment activities in
the established urban
STATE OF IOWA
DUBUQUE COUNTY
{SS:
CERTIFICATION OF PUBLICATION
I, Suzanne Pike, a Billing Clerk for Woodward Communications, Inc., an Iowa
corporation, publisher of the Telegraph Herald,a newspaper of general circulation
published in the City of Dubuque, County of Dubuque and State of Iowa; hereby
certify that the attached notice was published in said newspaper on the following
dates: May 24, 2013, and for which the charge is $29.15.
Subscribed to before me, . `Notary Public in and for Dubuque County, Iowa,
,20 / .
Notary Public in and for Dubuque County, Iowa.
'.GARY K.`E
Comin, „gar; 0..i,m er ;i
IIIIIIIIIIIIIIIIIIIIIIIIIIIIII!IIIIIIIIIIII1jjIIIIIIIJllhII!IIIIiiiiiiiiiiiiJiii
iii iiiii iiii Jill
Doc ID: 007704090003 Type: GEN
Kind: RESOLUTION
Recorded: 06/06/2013 at 04:02:00 PM
Fee Amt: $17.00 Pape 1 of 3
Dubuque County Iowa
Kathy Flynn Thurlow Recorder
F11e2013- 00009433
Prepared By: David Heiar ED Director City of Dubuque 50 W. 13th St. Dubuque, IA 52001 (563) 589 -4393
Return To: David Heiar ED Director City of Dubuque 50 W. 13th St. Dubuque, IA 52001 (563) 589 -4393
RESOLUTION NO. 171 -13
A RESOLUTION APPROVING THE AMENDED AND RESTATED URBAN RENEWAL
PLAN FOR THE DUBUQUE INDUSTRIAL CENTER ECONOMIC DEVELOPMENT
DISTRICT.
Whereas, on April 15, 2013 the City Council of the City of Dubuque, Iowa authorized
the preparation of an Amended and Restated Urban Renewal Plan (the "Plan ") for the
Dubuque Industrial Center Economic Development District (the "District "); and
Whereas, the City of Dubuque's primary objective in amending this Plan is to
provide opportunities for further development and investment in the Industrial Center;
and
Whereas, a consultation process has been undertaken with affected taxing
entities in accordance with Chapter 403 of the Code of Iowa with no written objections
or recommended changes to the Plan received; and
Whereas, the City Council, in accordance with Chapter 403 of the Code of Iowa,
has held a public hearing on the proposed amended and restated Plan after public
notice thereof.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF DUBUQUE, IOWA:
Section 1. That the Amended and Restated Urban Renewal Plan for the
Dubuque Industrial Center Economic Development District, on file in the City Clerk's
Office and made reference to herein, be approved.
Section 2. That the City Clerk of the City of Dubuque, Iowa is hereby authorized
and directed to file a certified copy of the Resolution in the office of the Dubuque
County Recorder.
Passed, approved and adopted this 3rd day of June, 2013.
Attest:
Kevin i Firnstahl
City Clerk
Roy D. Buol
Mayor
F: \USERS \Econ Dev \Urban Renewal \Dubuque Industrial Center UR District\2013.1 DIC Urban Renewal Plan\2013.1 Adoption
Resolution.docx
CERTIFICATE of the CITY CLERK
STATE OF IOWA )
SS:
COUNTY OF DUBUQUE )
I, Kevin S. Firnstahl, do hereby certify that I am the duly appointed, qualified, City Clerk
of the City of Dubuque, Iowa, in the County aforesaid, and as such City Clerk, I have in
my possession or have access to the records of the proceedings of the City Council. I
do further state that the hereto attached Resolution No. 171 -13 is a true and correct
copy of the original.
In Testimony Whereof, I hereunto set my hand and official seal of the City of Dubuque,
Iowa.
Dated at Dubuque, Iowa, on this 4th day of June, 2013.
Kevin • . Firnstahl, CMC, City Clerk