Key City Invest.75 JFK tax aplBatty A. Lindahl, Esq.
Corporation Cotmsel
Suite 330, Harbor View Place
300 Main Street
Dubuque, Iowa 52001-6944
(563) 5834113 office
(563) 583-1040 fax
balesq@mwci.net
February 22, 2002
Mayor of the City of Dubuque
City Hall
13th & Central Avenue
Dubuque, IA 52001
President of the Board of Directors
Northeast Iowa Community College
P.O. Box 400
Calmar, IA 52132
Chairperson of the
Dubuque County Board of Supervisors
Dubuque County Courthouse
720 Central Avenue
Dubuque, IA 52001
Chairperson of the Board of Trustees
Dubuque County Hospital
Sunnycrest Manor
2375 Roosevelt Street
Dubuque, IA 52001
Chairperson of the School Board
Dubuque Community School District
Central Administration Offices
2300 Chaney Road
Dubuque, IA 52001
Chairperson of the Conference Board
of the City of Dubuque
City Hall
13th & Central
Dubuque, IA 52001
RE:
Key City Investment Company
Chairperson of the Council of the
Dubuque County Agricultural Extension
Service
2600 Dodge Street
Dubuque, IA 52003
Dear Chairpersons, Mayor and President:
Enclosed is a copy of a Stipulation of Settlement of a tax assessment appeal, which is
required to be served upon each of you, pursuant to Iowa Code Section 441.44.
The property that is the subject of this appeal is located at 75 J. F. Kennedy Road,
Dubuque, Iowa, legally described as Lot 1 & lA of Yiannias Place; Lot 2 & 3 of
Hawkeye Highway #20 Place; all in Dubuque, Iowa, with an assessed valuation of
$2,599,910.00 as of January 1, 2001.
Based upon appraisals by appraisal firms retained by both parties, the parties have
agreed on an assessed valuation of $2,200,000.00.
Service People Integlfty Responsibility Irmovadon Teamwork
The proposed settlement will be presented to the Court after fourteen days from the
date indicated on the attached Notice of Voluntary Settlement. If there are any
objections to the proposed settlement, they should be made known to the Court prior to
that time.
If you have any questions about the proposed settlement, please contact City Assessor
Rick Engelken at (563) 589-4416.
Very sincerely
Corporation Counsel
BAL/tls
Enclosure
CC:
Rick Engelken, City Assessor
Dubuque County Courthouse
720 Central Avenue
Dubuque, IA 52001
Gary Norby, Esq.
Kane, Norby & Reddick, P.C.
2100 Asbury Road, Suite 2
Dubuque, IA 52001
2
IN THE DISTRICT COURT OF IOWA FOR DUBUQUE COUNTY
KEY CITY INVESTMENT CO.,
EIN: 42-6086847
Plaintiff-
Appellant,
BOARD OF REVIEW OF THE
CITY OF DUBUQUE,
Defendant-
Appellee.
No. 01311 EQCV092488
STIPULATION OF
SETTLEMENT
Appellant and Appellee, Board of Review of the City of Dubuque, Iowa, state to the
Court that the pending litigation with regard to the tax assessment for the following-
described property:
Lot 1 & lA of Yiannias Place
Lot 2 & 3 of Hawkeye Highway #20 Place
Has been settled and agreed upon as follows:
Land $503,150.00
Building $1,696,850.00
Total $2,200,000.00
It is further agreed that upon entry of a Court Order confirming the above settlement, the
above pending litigation shall be dismissed with prejudice, and the Court costs shall be
paid by the Appellant.
Dated this 18th day of February
/
KEY CITY INVESTMENT COMPANY
Gary Norby
Kane, Norby & Reddick, P.C.
2100 Asbury Road, Suite 2
Dubuque, IA 52001
(563) 582-7980
,2002.
BOARD OF REVIEW OF THE
CITY OF DUBUQUE
Suite 330, Harbor View Place
300 Main Street
Dubuque, IA 52001-6944
(563) 583-4113
Attorney for Appellant Counsel for the Board of Review
IN THE DISTRICT COURT OF IOWA FOR DUBUQUE COUNTY
KEY CITY INVESTMENT CO.,
EIN: 42-6086847
Plaintiff-
Appellant,
v.
BOARD OF REVIEW OF THE
CITY OF DUBUQUE,
Defendant-
AppelLee.
No. 01311 EQCV092488
NOTICE OF VOLUNTARY
SETTLEMENT
TO: City of Dubuque, Iowa
County of Dubuque, Iowa
Dubuque Community School Distdct
Northeast Iowa Community college I
Dubuque County Hospital I
Dubuque County Agricultural Extension Service
Conference Board of the City of Dubuque
YOU ARE HEREBY NOTIFIED, pursuant to Iowa Code Section 441.44, that the above-
named Appellant and the Board of Review, Appellee, have entered into a voluntary
settlement of this assessment appeal.
A copy of the proposed Stipula'~ion of Settlement is attached hereto.
This Stipulation of Settlement will be presented to the above-named Court for approval
after fourteen days from the date of this Notice.
Dated this 22 day of February, 2002.
Board of R~'~w for the City of Dubuque, Defendant-
Appellee/~
By
B(ar~y~A. Lindahl, Esq.
Corporation Counsel
Suite 330, Harbor View PLace
300 Main Street
Dubuque, IA 52001-6944
(563) 583-4113