Dubuque Industrial Center West - Urban Renewal Plan Amendment Copyright 2014
City of Dubuque Public Hearings # 3.
ITEM TITLE: Dubuque Industrial Center West- Urban Renewal Plan
Amendment
SUMMARY: Proof of publication on notice of public hearing to
approve the Amended and Restated Urban Renewal Plan
for the Dubuque Industrial Center Economic Development
District and the City Manager recommending approval.
RESOLUTION Approving the Amended and Restated
Urban Renewal Plan for the Dubuque Industrial Center
Economic Development District
SUGGESTED DISPOSITION: Suggested Disposition: Receive and File; Adopt
Resolution(s)
ATTACHMENTS:
Description Type
DIC Economic De\elopment District Amended and City Manager Memo
Restated Urban Renewal Plan-MVM Memo
Staff Memo Staff Memo
UR Plan - DICW Supporting Documentation
Attachment A- UR Plan map Supporting Documentation
Attachment B-1 - Ebsting Land Use Supporting Documentation
Attachment B-2 - Proposed Land Use Supporting Documentation
Attachment C - Bonded Indebtedness Supporting Documentation
Attachment D - District Boundary Descriptions Supporting Documentation
LRPC Memo to Council Supporting Documentation
Consultation Minutes Supporting Documentation
Resolution of Adoption Resolutions
Proof of Publication Supporting Documentation
THE CITY OF Dubuque
DUB E i"
Masterpiece on the Mississippi 2007.2012.2013
TO: The Honorable Mayor and City Council Members
FROM: Michael C. Van Milligen, City Manager
SUBJECT: Amended and Restated Urban Renewal Plan for Dubuque Industrial
Center Economic Development District
DATE: September 14, 2016
Economic Development Director Maurice Jones recommends City Council approval of
the Amended and Restated Urban Renewal Plan for the Dubuque Industrial Center
Economic Development District.
The Amended and Restated Urban Renewal Plan for the District would authorize the
undertaking of additional urban renewal projects in the District, including one with
Roasting Solutions, LLC consisting of developing, constructing and operating a coffee
roasting facility. It would also include additional land for future development purposes
for both the City and the County.
I concur with the recommendation and respectfully request Mayor and City Council
approval.
Mic ael C. Van Milligen
MCVM:jh
Attachment
cc: Barry Lindahl, City Attorney
Cindy Steinhauser, Assistant City Manager
Teri Goodmann, Assistant City Manager
Maurice Jones, Economic Development Director
Dubuque Economic Development Department
THE CITY OF 50 West 13th Street
AII-AwftlitY Dubuque,Iowa 52001-4864
DUB3 &kE1 I Office(563)589-4393
TTY(563)690-6678
® http://www.cityofdubuque.org
Masterpiece on the Mississippi 200.2012.2013
TO: Michael Van Milligen, City Manager
FROM: Maurice Jones, Economic Development Director
SUBJECT: Amended and Restated Urban Renewal Plan for Dubuque Industrial
Center Economic Development District
DATE: September 12, 2016
INTRODUCTION
The purpose of this memorandum is to forward for City Council review and approval 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.
The proposed amendment of the Amended and Restated Urban Renewal Plan ("Urban
Renewal Plan") for the District would authorize the undertaking of additional urban
renewal projects in the District, including one with Roasting Solutions, LLC consisting of
developing, constructing and operating a coffee roasting facility (the "Project"). It would
also include additional land for future development purposes for both the City and the
County.
BACKGROUND
The Dubuque Industrial Center Economic Development District was created on May 2,
1988. The District is an urban renewal area which allows the City of Dubuque to capture
tax increment revenue from improvements made in the District in order to promote
economic development activities. The original area included the Dubuque Industrial
Center (known as Subarea A) and has been expanded several times over the past
several decades to include the Dubuque Industrial Center West, the County Farm, the
Bergfeld Farm, the North Siegert Farm, the Rail Site, the South Siegert Farm, the Graf
Farm, and the McFadden Farm (known as Subareas B, C, D, E, F, and G, respectively).
On August 15, 2016, a Resolution of Necessity was adopted finding that the areas
being considered for urban renewal district designation are economic development
areas and that the development of the areas is necessary in the interest of the public
welfare of the residents of the city.
On August 17, 2016, the Plan was reviewed by the Long Range Planning Commission.
The Commission has forwarded its recommendation to the City Council affirming that
the Plan is consistent with the City's Comprehensive Plan for development.
On August 23, 2016, a Consultation was conducted with the affected taxing entities as
required by Chapter 403.5 of the Iowa Code, providing an opportunity to discuss,
question, or object to the findings in these documents. Prior to the meeting, the taxing
entities were mailed copies of the Amended and Restated Urban Renewal Plan and the
Notice of Public Hearing. No representatives were in attendance.
On September 2, 2016 the public notice of public hearing was published to allow for the
appropriate publication requirements.
DISCUSSION
City Staff have negotiated an agreement with the Roasting Solutions, LLC, a local
company that has outgrown its current facility. The company desires to expand,
bringing additional jobs to Dubuque, and identified a parcel in Dubuque Industrial
Center that would accommodate its larger facility. In order to provide appropriate
business incentives for this local growth, Staff wishes to amend the current Urban
Renewal Plan to include the Project.
In addition, staff recommends that a parcel of land adjacent to the current District be
added to the District in order to facilitate future economic development (contemplated as
Subarea H).
Staff have also had conversations with Dubuque County staff regarding the addition of
County-owned land (contemplated as Subareas I and J) to the Dubuque Industrial
Center Economic Development District in order to facilitate projects that would benefit
residents of both the City and County of Dubuque. At its August 8, 2016 Board of
Supervisor's meeting, the County approved a Joint Agreement in order to include
County-owned land in the District.
The Dubuque Comprehensive Plan calls for sufficient opportunities for industrial
development sites within the community; promotes the retention and expansion of
existing, and attraction of new, industrial development opportunities in suitable
locations; and encourages annexation of land suitable for industrial usage if necessary.
The Comprehensive Plan also calls for reducing unemployment, achieving economic
stability, and increasing the standard of living for all citizens. In order to reach this goal,
the Comprehensive Plan lists objectives of evaluating potential commercial sites, based
on the city's future land use map.
The City of Dubuque has had tremendous success with economic development
receiving multiple national recognitions for job creation. This is in no small part to the
City's decision in the mid 1990's to acquire and develop over 900 acres of property to
provide a 20-year supply of industrial park land. This proposed expansion of the
Dubuque Industrial Center Economic Development District would further the City's goals
for economic development.
RECOMMENDATION/ ACTION STEP
I recommend that following the public hearing, the attached resolution adopting the
Amended and Restated Urban Renewal Plan be approved to support reinvestment
efforts in the District.
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Doc ID 008517390003 Type GEN
Kind: RESOLUTION
Recorded: 09/23/2016 at 01:41:20 PM
Fee Amt: $17.00 Page 1 of 3
Dubuque County Iowa
John Murphy Recorder
F11e2016-00012676
Prepared By: Jill Connors, ED City of Dubuque 50 W. 13th St. Dubuque, IA 52001 (563) 589-4393
Return To: Kevin Firnstahl, City Clerk City of Dubuque 50 W. 13th St. Dubuque, IA 52001 (563) 589-4121
RESOLUTION NO. 332-16
APPROVING THE AMENDED AND RESTATED URBAN RENEWAL PLAN FOR THE
DUBUQUE INDUSTRIAL CENTER ECONOMIC DEVELOPMENT DISTRICT
Whereas, by Resolution 303-16 on August 15, 2016 the City Council of the City of
Dubuque, Iowa authorized the preparation of an Amended and Restated Urban Renewal
Plan for the Dubuque Industrial Center Economic Development District (the "District"); and
Whereas, the Amended and Restated Urban Renewal Plan for the District dated
September 19, 2016 is on file in the City Clerk's Office; and
Whereas, the City of Dubuque's primary objective for the Amended and Restated
Urban Renewal Plan for the District is to provide opportunities which will further economic
development purposes and objectives as described in the Urban Renewal Plan; and
Whereas, the City Council finds that certain areas adjacent to the District as shown
on the Amended and Restated Urban Renewal Plan for the District meet the definition of
an economic development area in Chapter 403 of the Iowa Code and should be included
in the District; and
Whereas, the City Council, in accordance with Chapter403 of the Code of Iowa, has
held a public hearing on the Amended and Restated Urban Renewal 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 is hereby approved.
C co no v -v t c -
D -eve lop Ment
Section 2. That the City Clerk of the City of Dubuque, Iowa is hereby authorized
and directed to file a certified copy of this Resolution in the office of the Dubuque County
Recorder.
Passed, approved and adopted this 19th day of September, 2016.
Attest:
Kevi ': S. Firnstahl, Cit Jerk
Kevin J. Lynch, Mayor Pro -Tem
CERTIFICATE of t`ie 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. 332-16 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 20th day of September, 2016.
Adia
lr_i;P:doer,,,41111F
Kevin S. Firnstahl, , City Clerk
Prepared by: Jill Connors, City of Dubuque, 50 W. 13th Street, Dubuque, IA 52001 (563) 589-4393
Return to: 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,
Resolution 171-13 on June 3, 2013, Resolution 197-15 on
June 1, 2015, Resolution 309-15 on September 8, 2015, and
Resolution 332-16 on September 19, 2016.
Prepared by the Economic Development Department.
Version 2016.1
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TABLE OF CONTENTS
A. INTRODUCTION .................................................................................................. 3
B. OBJECTIVES ....................................................................................................... 4
C. DISTRICT BOUNDARIES .................................................................................... 4
D. PUBLIC PURPOSE ACTIVITIES ......................................................................... 5
E. DEVELOPMENT & REDEVELOPMENT REQUIREMENTS ................................ 7
F. LAND ACQUISITION AND DISPOSITION .......................................................... 8
G. FINANCING ACTIVITIES ..................................................................................... 9
H. STATE AND LOCAL REQUIREMENTS ............................................................ 11
I. DURATION OF APPROVED URBAN RENEWAL PLAN .................................. 11
J. SEVERABILITY ................................................................................................. 12
K. AMENDMENT OF APPROVED URBAN RENEWAL PLAN.............................. 12
L. ATTACHMENTS ................................................................................................ 12
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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, Resolution
87-11 on March 7, 2011, Resolution 171-13 on June 3, 2013, Resolution 197-15 on
June 1, 2015 Resolution 309-15 on September 8, 2015, and Resolution 332-16 on
September 19, 2016. 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.l9(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 a new Subarea being added to 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.
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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:
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 entirely within the County of Dubuque, State of Iowa. Most of the
District, including all of Subareas A, B, C, D, E, G, and H currently is within the
corporate limits of the City of Dubuque. In accordance with Iowa Code Section
403.17(4), Dubuque County consented to the inclusion of Subarea F in the District in a
Joint Agreement between the City and County, dated April 20, 2015. The City expects
that Subarea F ultimately will become part of the City of Dubuque. In accordance with
Iowa Code Section 403.17(4), Dubuque County consented to the inclusion of Subareas
I and J in the District in a Joint Agreement between the City and County, dated August
8, 2016.
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 ten separate areas so as to
distinguish the original District (Subarea A) from the subsequent expansion areas
(Subareas B, C, D, E, F, G, H, I, and J).
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The descriptions of the boundaries of each Subarea are attached to this Plan as
ATTACHMENT D, District Boundary Description by Subarea.
The boundaries of the District are delineated on the Subarea Map, attached to this Plan
as ATTACHMENT A.
The City of Dubuque reserves the right to further 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.
b.) These activities also include the acquisition of property that is
included in Subarea H and other previously approved Subareas
of this Plan.
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,
including the new Subarea G.
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.
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b.) These activities include, but are not limited to, the previously
approved development of the Bergfeld recreational area, pond,
and walking trail, as well as additional signage and trail
improvements.
c.) These activities also include the construction and installation of
supporting infrastructure within Subarea G.
4. Disposition of any property acquired in the District, including sale, initial
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 also 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 Processing, LLC/Hormel;
• ITC Midwest LLC;
• Medline Industries, Inc.;
• Art’s-Way Vessels, Inc.;
• Kendall/Hunt Publishing Company, Westmark
Enterprises, Inc. and Great River Technologies, LLC.;
• P&L Venture, LLC, and National Dentex;
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• Dubuque Screw Products, Inc.;
• Giese Properties, LLC and Giese Manufacturing
Company, Inc. (Phase I and II);
• Faley Properties, L.L.C. and Faley Enterprises, Inc.
• Malay Holdings, LLC, and Vanguard Countertops, Inc.
• Tri-State Industries
• TriState Quality Metals, LLC
• Roasting Solutions, LLC
a.) 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 commercial and
industrial expansion in the District.
b.) These activities include, but are not limited to, related legal
expenses.
13. Construction by the Count of one or more County-owned buildings in
Subareas I and/or J.
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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
assisted by the City through any of the PUBLIC PURPOSE ACTIVITIES listed above.
1. Land Use
Subareas A, B, C, D, E, F, G, H, I, and J 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, E, F, G, H, I, and J.
2. Planning and Design Criteria
The planning criteria to be used to guide the physical development of Subareas
A, B, C, D, E, F, G, and H 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, D, E, and F 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. Subareas G and H are intended to develop as an Industrial area similar to
Subareas B, C, D, E, and F.
d. Subareas I and J are located in Dubuque County outside of City of
Dubuque corporate limits and therefore are not subject to City
Development Codes.
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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
The City has acquired substantially all of the land located within the District
except Subareas I and J and has made the same available for private
development in accordance with this Plan.
2. Land Disposition
All City owned land that is available for development within the District, will be
sold for the development of viable uses consistent with this Plan and not for
purposes of speculation.
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
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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
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
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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.
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 debt subject to the constitutional debt limit is
$158,143,742 (a list of the outstanding obligations is found at Attachment C) and the
applicable constitutional debt limit is $207,174,109 for the Fiscal Year ending June 30,
2017, which is the fiscal year immediately following the update of this Plan.
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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, E, F, G, H, I, and J
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, E, F, G, H, I, and J 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 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.
13
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
D Legal Descriptions
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Attachment C: Bonded Indebtedness
City of Dubuque
Summary of Bonded Indebtedness
Date Average year of Amount Principal Principal Interest Principal
Description of Interest Final of Outstanding Due Due Outstanding
Issue Rate Payment Issue 6/30/16 FY 2017 FY 2017 6/30/17
General Obligation Bonds
(Essential Corporate Purpose)
Stormwater Refunding 04-04-16 2.9127% 2028 6,270,000 5,965,000 555,000 167,700 5,410,000
DICW Expansion-Non Taxable-Refuntling 04-04-16 2.9127% 2023 3,175,000 3,030,000 560,000 79,550 2,470,000
Sewer System Improvements&Ext. 12-01-07 3.6596% 2017 1,055,000 135,000 135,000 4,928 -
GDTIF Kephart's Building-Refunding 04-04-16 2.9127% 2023 200,000 200,000 25,000 5,500 175,000
GDTIF Library Renovation-Refuntling 04-04-16 2.9127% 2023 1,275,000 1,275,000 170,000 34,850 1,105,000
DICW Expansion-Taxable 11-04-08 5.5369% 2018 2,465,000 830,000 400,000 45,650 430,000
Airport Improvements 11-05-09 3.2913% 2029 230,000 170,000 10,000 8,530 160,000
Fire Truck Replacement 11-05-09 3.2913% 2029 1,410,000 1,050,000 65,000 52,590 985,000
Street Fiber Optic Paving 11-05-09 3.2913% 2029 100,000 70,000 5,000 3,495 65,000
Streetlight Replacement 11-05-09 3.2913% 2018 40,000 10,000 5,000 415 5,000
Stormwater Improvements 11-05-09 3.2913% 2029 1,155,000 865,000 55,000 43,290 810,000
Parking Central Ave Parking Ramp 11-05-09 3.2325% 2029 9,310,000 6,950,000 430,000 345,968 6,520,000
DICW North Siegert Improvements 11-05-09 3.2325% 2029 1,865,000 1,395,000 85,000 69,394 1,310,000
America's River Refunding 11-05-09 2.7913% 2021 8,885,000 4,075,000 750,000 163,000 3,325,000
GDTIF Main Street-Refunding 08-02-10 2.4203% 2021 705,000 350,000 65,000 9,656 285,000
Airport 08-02-10 3.2838% 2030 176,360 139,589 7,729 4,696 131,860
Building Smart Meters for City Buildings 08-02-10 3.2838% 2030 62,835 49,734 2,754 1,673 46,980
Park Water System Study 08-02-10 3.2838% 2030 83,518 66,106 3,660 2,224 62,446
Refuse 08-02-10 3.2838% 2030 69,946 55,362 3,065 1,862 52,297
Stormwater Improvements 08-02-10 3.2838% 2030 1,667,481 1,319,813 73,077 44,400 1,246,736
Public Works Equipment Replacement 08-02-10 3.2838% 2030 542,488 429,380 23,774 14,445 405,606
Street Improvements 08-02-10 3.2838% 2030 270,822 214,355 11,868 7,211 202,487
Sanitary Improvements 08-02-10 3.2838% 2030 891,550 705,662 39,072 23,739 666,590
GDTIF Downtown Housing RFP/40 Main 08-02-10 4.6650% 2030 2,675,000 2,205,000 105,000 101,428 2,100,000
GDTIF Millwork District Parking 08-02-10 3.3265% 2030 2,825,000 2,240,000 125,000 73,450 2,115,000
Street Southwest Arterial 08-01-11 3.3045% 2031 1,029,285 856,925 44,716 29,168 812,209
Refuse 08-01-11 3.3045% 2031 36,615 30,483 1,591 1,038 28,892
Sanitary Sewer Improvements 08-01-11 3.3045% 2031 1,374,068 1,143,972 59,695 38,938 1,084,277
Stormwater Improvements 08-01-11 3.3045% 2031 2,287,260 1,904,244 99,367 64,817 1,804,877
Parking Iowa Street Ramp Improvements 08-01-11 3.3045% 2031 60,720 50,552 2,638 1,720 47,914
Water System Improvements 08-01-11 3.3045% 2031 1,542,052 1,283,824 66,993 43,700 1,216,831
Building 18th Street Improvements 08-01-11 3.5863% 2026 620,041 464,054 38,996 16,502 425,058
DICW Expansion-South Siegert Farm 08-01-11 3.5863% 2026 378,965 283,629 23,834 10,086 259,795
Parking Port of Dubuque Parking Ramp 08-01-11 3.5863% 2026 590,994 442,318 37,169 15,728 405,149
GDTIF Intermodal 03-15-12 2.5444% 2031 4,380,000 3,760,000 210,000 90,712 3,550,000
Stormwater Improvements 03-15-12 2.7031% 2031 1,935,000 1,595,000 90,000 46,338 1,505,000
GDTIF 7th Street/2-Way Conversion 03-15-12 2.7031% 2031 5,560,000 4,775,000 270,000 120,194 4,505,000
GDTIF Washington Neighborhood Business Incentie 06-28-12 3.1972% 2032 755,000 685,000 35,000 19,405 650,000
Airport Improvements 06-28-12 3.1972% 2032 90,000 60,000 10,000 1,285 50,000
Airport Improvements 06-28-12 3.1972% 2032 2,145,000 1,865,000 95,000 56,678 1,770,000
DICW Expansion-South Siegert Farm-Taxable 06-28-12 3.1972% 2032 3,975,000 3,460,000 180,000 105,160 3,280,000
DICW Expansion-South Siegert Farm-Non-taxable 06-28-12 2.7903% 2032 425,000 375,000 20,000 11,562 355,000
Tech South Airport Utility Extension 06-28-12 2.7903% 2018 945,000 395,000 195,000 11,850 200,000
Fire Pumper 06-28-12 2.7903% 2027 269,800 216,550 17,750 6,497 198,800
Fire Station#4 Improvements 06-28-12 2.7903% 2022 65,000 50,000 5,000 1,500 45,000
E911 Tower Relocation 06-28-12 2.7903% 2027 235,800 192,600 15,300 5,778 177,300
Park Improvements-15 year Bonds 06-28-12 2.7903% 2027 65,500 53,500 4,250 1,605 49,250
Civic Center Improvements 06-28-12 2.7903% 2027 550,200 449,400 35,700 13,482 413,700
Building-Conference Center Improvements 06-28-12 2.7903% 2022 60,200 47,300 4,300 1,419 43,000
City of Dubuque
Summary of Bonded Indebtedness
Average year of Amount Principal Principal Interest Principal
Description Interest Final of Outstanding Due Due Outstanding
L
g
Rate Payment Issue 6/30/16 FY 2017 FY 2017 6/30/17
General Obligation Bonds
(Essential Corporate Purpose)
Recreation Improvements-10 year bonds 06-28-12 2.7903% 2022 9,800 7,700 700 231 7,000
Library Improvements 06-28-12 2.7903% 2022 65,500 53,500 4,250 1,605 49,250
Building City Hall Brickwork 06-28-12 2.7903% 2027 393,000 321,000 25,500 9,630 295,500
FEMA Land Buyout 06-28-12 2.7903% 2027 110,200 88,450 7,250 2,654 81,200
Parking Locust Ramp Security Cameras 06-28-12 2.7903% 2033 175,000 160,000 10,000 4,913 150,000
Sanitary Sewer Improvements 06-28-12 2.7903% 2033 1,560,000 1,365,000 65,000 42,094 1,300,000
Stormwater Improvements 06-28-12 2.7903% 2033 405,000 360,000 20,000 11,100 340,000
Water System Improvements 06-28-12 2.7903% 2033 1,840,000 1,610,000 80,000 49,650 1,530,000
Water Main and Water Tower-Refunded 12-04-12 3.8187% 2017 3,105,000 205,000 205,000 2,255 -
Parking Refinanced Portions 5th/3rd StAA Ramps 12-10-12 1.2193% 2021 5,541,573 2,788,000 720,000 37,538 2,068,000
Airport Refinanced Portions of T-Hangars 12-10-12 1.2193% 2020 405,365 217,000 45,000 3,006 172,000
DICW Expansion-Consultant 12-10-12 2.5337% 2032 151,462 137,660 7,431 3,310 130,229
Tech SoutlF Granger/Airport Utilities 12-10-12 2.5337% 2018 245,000 120,000 60,000 2,400 60,000
GDTIF 5th St Restr00m/MFCA2all Platform 12-10-12 2.5337% 2032 1,988,538 1,807,340 97,568 43,459 1,709,772
GDTIF MCIC/ADA Assist./Econ.Dev Grants 12-10-12 1.7008% 2032 1,035,000 790,000 125,000 13,309 665,000
Police Software Replacement 12-10-12 2.4872% 2022 355,950 255,150 34,650 5,150 220,500
Park Improvements-10 year bonds 12-10-12 2.4872% 2022 209,050 149,850 20,350 3,025 129,500
Park Improvements-10 year bonds 12-10-12 2.4872% 2022 171,808 124,968 19,562 2,987 105,406
Recreation Improvements-10 year bonds 12-10-12 2.4872% 2027 14,924 12,624 961 308 11,663
Library Improvements 12-10-12 2.4872% 2027 173,992 145,993 11,693 3,560 134,300
Street Southwest Arterial 12-10-12 2.4872% 2032 1,280,545 1,112,444 56,895 26,689 1,055,549
Sanitary Forcemain Repair 12-10-12 2.4872% 2032 655,239 568,515 30,112 14,022 538,403
Stormwater 7th Street Stormwater Improvements 12-10-12 2.4872% 2032 134,342 116,561 6,174 2,875 110,387
Water System Improvements 12-10-12 2.4872% 2032 644,151 558,897 29,602 13,784 529,295
Stormwater Sales Tax Revenue -GO 05-19-14 3.2309% 2029 7,190,000 7,190,000 323,100 7,190,000
GDTIF Tax-Exempt Projects 11-17-14 3.3000% 2034 190,000 190,000 5,904 190,000
Fire Amb/Building HVAC/Bunker Irrigation/Park 11-17-14 3.3000% 2025 715,000 650,000 65,000 14,267 585,000
Airport New Terminal Furnishings-Sales Tax 11-17-14 3.3000% 2026 55,000 50,000 5,000 1,500 45,000
Fire Station#21Park Improvements 11-17-14 3.3000% 2034 320,000 305,000 15,000 8,849 290,000
Public Works Equipment Replacement 11-17-14 3.3000% 2022 305,000 265,000 40,000 4,860 225,000
PW Curb Ramp/Engineering Street Improv 11-17-14 3.3000% 2034 1,250,000 1,195,000 55,000 34,959 1,140,000
Police CAD Software-Gaming 15 year 11-17-14 3.3000% 2030 260,000 245,000 15,000 6,511 230,000
Airport Terminal Utility Improv-PFC 11-17-14 3.3000% 2034 690,000 660,000 30,000 21,056 630,000
Water 20 year 11-17-14 3.3000% 2034 9,195,000 9,195,000 - 295,131 9,195,000
Sewer 20 year 11-17-14 3.3000% 2034 5,670,000 5,670,000 - 181,425 5,670,000
Parking 20 year 11-17-14 3.3000% 2034 185,000 180,000 5,000 5,015 175,000
GDTIF Taxable 11-17-14 3.9900% 2034 5,670,000 5,670,000 - 216,356 5,670,000
DICW Taxable 11-17-14 3.9900% 2034 1,640,000 1,550,000 90,000 53,100 1,460,000
Parking Taxable 11-17-14 3.9900% 2034 305,000 295,000 10,000 10,220 285,000
Sewer Planned Projects 2016 04-04-16 2.7896% 2035 2,405,000 2,405,000 95,000 71,361 2,310,000
Ham House-Sales Tax 20% 04-04-16 2.7896% 2035 200,668 200,668 8,172 5,956 192,496
Federal Building Roof-Sales Tax 20% 04-04-16 2.7896% 2035 268,404 268,404 10,930 7,968 257,474
Airport New Terminal-Roads/Parking 04-04-16 2.7896% 2036 635,927 635,927 25,897 18,878 610,030
Water Planned Projects 2016 04-04-16 2.7896% 2035 635,000 635,000 20,000 18,867 615,000
Franchise Fee Settlement Judgment Bond 04-04-16 2.9326% 2035 2,830,000 2,830,000 120,000 87,230 2,710,000
Dubuque Initiattves Loan Guaranty(Ends 2025) Future 4.0000% 25,000,000 7,500,000 - - 7,500,000
Ambulance Replacement-10 yr Sales Tax Future 4.0000% 2036 217,000 - 18,030 8,513 198,970
Housing TIF Creekwood Park Future 4.0000% 2024 155,000 7,239 6,200 147,761
GDTIF Five Flags Arena Roof A/C 10 year Future 4.0000% 2035 155,000 12,878 6,081 142,122
GDTIF Bus Barn Designrrransit Soil Future 4.0000% 2035 155,682 5,198 6,184 150,484
Skate Park/Flora Park Restroom Future 4.0000% 2037 635,000 - 21,203 25,225 613,797
Airport New Terminal-TaxiwayF Future 4.0000% 2037 300,000 - 10,017 11,917 289,983
TIF Planned Projects 2017-Bus Barn Future 4.0000% 2037 600,000 - 11,804 10,060 588,196
Parking Planned Projects 2017 Future 4.0000% 2037 295,000 - 5,803 4,946 289,197
Total General Obligation Bonds 185,122,682 119,095,003 7,657,167 3,795,998 113,950,518
City of Dubuque
Summary of Bonded Indebtedness
Date Average year of Amount Principal Principal Interest Principal
Description of Interest Final of Outstanding Due Due Outstanding
Issue Rate Payment Issue 6/30/16 FY 2017 FY 2017 6/30/17
Tax Increment
Pod of Dubuque Parking Ramp(GDTIF) 10-16-07 7.5000% 2037 23,025,000 20,960,000 440,000 1,572,000 20,520,000
Total Tax Increment Bonds 23,025,000 20,960,000 440,000 1,572,000 20,520,000
Theisen Supply,Inc.TIF Note(DICW) 11-22-06 8.25% 2018 812,278 222,622 104,259 15,741 118,363
40 Main(GDTIF) 08-06-09 2020 690,529 400,768 70,121 25,287 330,647
Total Tax Increment Notes 1,684,807 623,390 174,380 41,028 449,010
Total Tax Increment 24,709,807 21,583,390 614,380 1,613,028 20,969,010
TIF bond issue for the Port of Dubuque Parking Ramp backed by Greater Downtown TIF&a minimum assessment agreement
Tax Increment
Economic Development TIF Rebate Agreements
P&LVerdures (DICW) 01-01-06 Rebate 2019 155,923 51,313 17,104 - 34,209
Dubuque Screw (DICW) 01-01-07 Rebate 2019 339,077 118,340 39,447 - 78,893
Tri-Stales (DICW) 01-01-04 Rebate 2017 393,184 47,171 47,171 - -
Ads Way (DICW) 01-01-07 Rebate 2019 250,636 73,110 24,370 - 48,740
Spiegel Spec (DICW) 01-01-07 Rebate 2020 1,515,040 929,336 232,334 - 697,002
Kendall Hurd (DICW) 01-01-07 Rebate 2019 1,531,176 446,342 148,781 - 297,561
Hormel Foods (DICW) 01-01-07 Rebate 2026 6,567,123 4,541,541 648,792 - 3,892,749
Vanguard (DICW) 01-01-06 Rebate 2020 360,653 149,050 37,263 - 111,787
Medline (DICW) 01-01-07 Rebate 2019 1,944,272 665,290 221,763 - 443,527
Giese Properties II (DICW) 01-01-07 Rebate 2019 42,766 14,034 4,678 - 9,356
Faley Properties(DICW) 01-01-12 Rebate 2017 411,498 102,862 102,862 - 0
TM Logistics(Walter)(DICW) 01-01-11 Rebate 2017 112,779 27,191 27,191 - 0
Green Industrial Supply(DICW) 01-01-11 Rebate 2023 1,770,183 1,334,690 190,670 - 1,144,020
Theisen Supply 11(DICW) 02-01-12 Rebate 2019 148,839 95,368 31,789 - 63,579
Ay McDonald(DICW) 12-01-11 Rebate 2020 79,088 74,318 18,580 - 55,738
Franklin Investment(GDTIF) 01-01-12 Rebate 2028 524,421 440,219 36,685 - 403,534
Caradco(GDTIF) 01-01-13 Rebate 2029 1,764,016 1,528,814 117,601 - 1,411,213
Nottingham Properties(GDTIF) 01-01-12 Rebate 2028 19,438 17,544 1,462 - 16,082
Plastic Center(GDTIF) 01-01-12 Rebate 2028 190,349 162,974 13,581 - 149,393
Engine House#1(GDTIF) 01-01-12 Rebate 2027 174,979 135,012 12,274 - 122,738
Flexsteel(GDTIF) 01-01-12 Rebate 2024 1,976,786 1,581,428 197,679 - 1,383,749
44 Main(GDTIF) 01-01-12 Rebate 2022 330,985 197,639 32,940 - 164,699
The Crust(GDTIF) 01-01-10 Rebate 2022 295,452 182,978 30,496 - 152,482
McGraw Hill ll(GDTIF) 01-01-03 Rebate 2018 4,158,047 909,251 454,626 - 454,625
Hadig(GDTIF) 01-01-07 Rebate 2019 99,389 29,323 9,775 - 19,548
Star Brewery(GDTIF) 01-01-06 Rebate 2019 1,430,044 433,868 144,622 - 289,246
Roshek Building(GDTIF) 01-01-06 Rebate 2030 5,125,326 3,771,718 269,408 - 3,502,310
Interstate Building(GDTIF) 01-01-06 Rebate 2020 174,643 71,170 17,792 - 53,378
Victory Cafe(GDTIF) 01-01-10 Rebate 2022 91,387 54,633 9,106 - 45,527
Julien Hotel(GDTIF) 01-01-07 Rebate 2026 3,320,751 2,209,478 220,948 - 1,988,530
C&B Security(GDTIF) 01-01-07 Rebate 2020 496,567 199,000 49,750 - 149,250
Morrison Brothers(GDTIF) 01-01-10 Rebate 2021 170,749 57,097 11,419 - 45,678
Bonson(GDTIF) 01-01-13 Rebate 2029 219,094 189,881 14,606 - 175,275
Linseed Oil(GDTIF) 03-07-13 Rebate 2025 691,920 691,920 - - 691,920
Dubuque Stamp(Dubuque Malting&Brewing) 01-01-06 Rebate 2020 168,756 54,018 13,505 - 40,513
The Rose(Holy Ghost) 01-01-12 Rebate 2024 162,452 129,962 16,245 - 113,717
Kunkel Bounds(Technology Park South) 01-01-06 Rebate 2018 444,291 80,406 40,203 - 40,203
LU Properties (Technology Park South) 01-01-07 Rebate 2019 349,743 101,211 33,737 - 67,474
Conlon Johnson (Technology Park South) 01-01-07 Rebate 2019 810,041 265,451 88,484 - 176,967
Straka Johnson (Technology Park South) 01-01-07 Rebate 2019 174,782 51,004 17,002 34,002
Total 77F Rebates 38,986,644 22,215,956 3,646,741 - 18,569,214
General Funded Leases Various Various On-going 194,160 155,000 155,000
City of Dubuque
Summary of Bonded Indebtedness
Date Average year of Amount Principal Principal Interest Principal
Description of Interest Final of Outstanding Due Due Outstanding
Issue Rate Payment Issue 6/30/16 FY 2017 FY 2017 6/30/17
Other Loans-Revenue Backed
Tri-Stale Building Purchase(GDTIF) 02-09-10 0.0000% 2016 330,000 47,142 47,142 - -
IowaFinanceAuthorityLoan-Caratico 12-01-10 3.0000% 2030 4,500,000 4,500,000 135,000 4,500,000
Total Other Lns-Rev Backed 5,427,945 4,547,142 47,142 135,000 4,500,000
Total City Indebtedness Subject to Debt Limit 254,441,237 167,596,491 11,965,430 5,544,026 158,143,742
Revenue Bonds
Parking Bricktown Parking Lot 07-21-08 5.00% 2023 400,000 236,622 26,720 11,501 209,902
Sanitary Northfork Catfish lmprovemerds SRF 01-13-10 3.25% 2031 912,000 697,000 40,000 22,652 657,000
Sanitary Water&Resource Recovery Upgrade SRF 08-18-10 3.25% 2039 74,285,000 67,623,000 2,344,000 1,352,460 65,279,000
Sanitary WRRC Cogeneration SRF 05-17-13 2.00% 2033 3,048,000 2,664,000 133,000 53,280 2,531,000
Sanitary Kerper Boulevard SRF Planned 2.00% 2036 2,400,000 2,400,000 48,066 2,400,000
Sanitary FY 17 Projects SRF Planned 2.00% 2037 1,700,000 34,047 1,700,000
Stormwater Lower Bee Branch Restoration SRF 10-27-10 3.25% 2041 7,850,000 7,005,000 186,000 227,662 6,819,000
Stormwater Lower Bee Branch SRF 09-01-14 2.00% 2034 1,029,000 901,000 45,000 18,021 856,000
Stormwater Northfork Catfish Improv.SRF 01-13-10 3.25% 2031 800,000 611,000 35,000 19,858 576,000
Stormwater Sales Tax Increment Revenue Bond 06-15-15 3.72% 2031 20,800,000 20,800,000 - 762,650 20,800,000
Stormwater Upper Bee Branch SRF 06-17-15 2.00% 2037 29,541,000 13,717,821 430,892 13,717,821
Stormwater Flood Mitigation Project SRF Planned 2.00% 2038 11,500,000 - 70,513 3,835,658
Stormwater West 32nd Detention Basin SRF 01-14-09 3.25% 2028 1,847,000 1,238,000 86,000 40,235 1,152,000
Water FY 17 Projects SRF Planned 2.00% 2037 478,850 9,590 478,850
Water-Clear Well Reservoirs SRF 10-18-07 3.25% 2028 915,000 614,000 43,000 19,955 571,000
Water Meter Change Out Program SRF 02-12-10 3.25% 2031 6,394,000 5,118,000 270,000 166,335 4,848,000
Water System Improvements&Ext. 11-04-08 4.71% 2023 1,195,000 675,000 85,000 44,882 590,000
Water System Improvements&Ext. 08-16-10 3.54% 2030 5,700,000 4,735,000 210,000 186,575 4,525,000
Total Revenue Bonds 170,794,850 129,035,443 3,503,720 3,519,174 131,546,231
Total City Indebtedness 425,236,087 296,631,934 15,469,150 9,063,200 289,689,973
Statutory Debt Limit 196,031,074 207,174,109
%of Debt Limit Used 85.49% 76.33%
Remaining Debt Capacity 28,434,583 49,030,367
ATTACHMENT D
DUBUQUE INDUSTRIAL CENTER ECONOMIC DEVELOPMENT
DISTRICT
LEGAL DESCRIPTION:
Subarea A of the District consists of the real property legally described as follows:
• All of Dubuque Industrial Center Eighth Addition; and
• All of Lot 1 Dubuque Industrial Center 13th Addition; and
• Lot 2 Dubuque Industrial Center 13th Addition; and
• Lot 1-2-2 Dubuque Industrial Center Fifth Addition; and
• Lot 1 Dubuque Industrial Center Fifth Addition; and
• Lot 1 Dubuque Industrial Center 11th Addition; and
• Lot 1 of 2 of Dubuque Industrial Center Fifth Addition; and
• Lot 1 of 2 of Dubuque Industrial Center Fifth Addition; and
• Lot 1-3 Dubuque Industrial Center 12th Addition; and
• Lot 1 of lot 3 of final plat of lot 1 of Dubuque Industrial Center First Addition; and
• Lot 1 Dubuque Industrial Center 10th Addition; and
• Lot 2-3 Dubuque Industrial Center 12th Addition; and
• Lots 1 & 2 of final plat of lot 1 of Dubuque Industrial Center First Addition; and
• Lot 1 Dubuque Industrial Center 12th Addition; and
• Lot 2 Dubuque Industrial Center Ninth Addition; and
• Lot 2 Dubuque Industrial Center 12th Addition; and
• Lot 2-2 Dubuque Industrial Center Sixth Addition; and
• Lot 3 Dubuque Industrial Center Ninth Addition; and
• Lot 1 Dubuque Industrial Center Sixth Addition; and
• Lot 2 of 2 Dubuque Industrial Center 7th Addition; and
• Lot 2-1 Walter Addition; and
• Lot 2-1 Walter Addition; and
• And all 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 as originally platted; and
• Lots 1, 2, 3, 4, 5, 6, 7, 8, and C of Dubuque Industrial Center West 2nd Addition as
originally platted; and
• Lots 1, 2, 3, 4, B, and C of Dubuque Industrial Center West 4th Addition as originally
platted; 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 as originally platted; and
• Lots 1, 2, and A of Dubuque Industrial Center West 6th Addition as originally platted;
and
• Lots 1, 1 of 2, and 2 of 2 of Dubuque Industrial Center West 7th Addition as originally
platted; and
• 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 as originally platted; and
• 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:
• Lots 1 and 2 of Dubuque Industrial Center North Second Addition; and
• Lots 2, 3, C and A of Dubuque Industrial Center North First Addition, excepting that Part
of said Lot A originally platted as Lot 2 of the SW %of the NW % of Sec. 30, T89N, R2E of
the 5th PM; and
• and any adjoining public street right-of-way, all in the City of Dubuque, Dubuque
County, Iowa.
Subarea D of the District consists of the real property legally described as follows:
• Lots 1, 2, and B and all of the right of way of Chavenelle Court in Dubuque Industrial
Center West 8th Addition in the City of Dubuque, Dubuque County, 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 as originally platted,
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.
Subarea F of the District consists of the real property legally described as follows:
• Lot one (1) of Graf Farm Subdivision #2, Dubuque County, Iowa, according to the
recorded plat thereof,
• Lot 1 of Lot 1 of Lot 1 of Lot 1 of West One-half of Northeast One-quarter, Section 25,
Township 89 North , Range 1 East of the 5th Principal Meridian, in Center Township ,
Dubuque County, Iowa;
• Lot 2 in "W.A. Norman Place" in Section 25, Center Township, Dubuque County, Iowa,
according to the plat thereof, and
• The NW 1/4 of the SE 1/4 of Section 25, Township 89 North, Range 1 East of the 5th
P.M., in Center Township, Dubuque County, Iowa.
Subarea G of the District consists of the real property legally described as follows:
• The South one-half of the Northwest Quarter of Section 29, Township 89 North, Range 2
East of the 5th Principal Meridian, in the City of Dubuque, Iowa.
• Lot 1 of Lot 1 of the Northwest Quarter of the Northwest Quarter of Section 29,
Township 89 North, Range 2 East of the 5th Principal Meridian, in the City of Dubuque,
Iowa.
• Lot 2 of McFadden Farm Place #2, in the City of Dubuque, Iowa.
• Lot 2 of McFadden Farm Place, in the City of Dubuque, Iowa.
• Lot A of Lot 1 of 1 of the Southwest Quarter of the Southwest Quarter of Section 29,
Township 89 North, Range 2 East of the 5th Principal Meridian, in the City of Dubuque,
Iowa.
• Lot A of Lot 1 of 1 of the Northwest Quarter of the Southwest Quarter of Section 29,
Township 89 North, Range 2 East of the 5th Principal Meridian, in the City of Dubuque,
Iowa.
• All in the City of Dubuque, Dubuque County, Iowa.
Subarea H of the District consists of the real property legally described as follows:
• Lot 1 of the Northeast% of the Northeast %, and Lot 2 of Lot 1 of Lot 1 of Lot 2 of the
Northeast %ofthe Northeast%, of Section 30, in Township 89 North, Range 2 East of
the 5th Principal Meridian, in the City of Dubuque, Iowa.
Subarea I of the District consists of the real property legally described as follows:
• Lot 2 Seippel Road Place #2, Dubuque County, Iowa.
• Lot 2-1-1 of the Southeast Quarter of the Southeast Quarter of Section 25, Township 89
North, Range 2 East of the 5th Principal Meridian, Dubuque County, Iowa
Subarea J of the District consists of the real property legally described as follows:
• Lot 2 Julien Care Place, Dubuque County, Iowa.
• Lot 3 Julien Care Place, Dubuque County, Iowa
• Lot 2-1 Julien Care Place, Dubuque County, Iowa
Dubuque Planning Services Department
THE COF � City Hall-50 West 131h Street
A®-Ofta0y Dubuque,IA 52001-4805
1 I (563)589-4210 phone
ITYU S E 111.r (563)589-4221 fax
(563)690-6678 TDD
Masterpiece on the MtSS1SSipp 2007.2012.2013 planning@cityofdubuque.orf
September 12, 2016
The Honorable Mayor and City Council
City of Dubuque
50 W.13th Street
Dubuque, IA 52001
RE: Amendment of the Dubuque Industrial Center Economic Development District—
Subareas H, I and J
Dear Mayor and City Council Members:
Introduction
On August 17, 2016, the Long Range Planning Advisory Commission reviewed the proposed
expansion of the Dubuque Industrial Center Economic Development District to add three new
areas known as Subareas H, I and J.
Discussion
The amendment will expand the district to include the property at 6450 Pennsylvania Avenue
(Subarea H) and two areas of land owned by Dubuque County (Subareas I and J) that are
located outside of but within two miles of the city limits.
The Commission reviewed the objectives of the Dubuque Industrial Center Economic
Development District, and found the amendment is consistent with the 2012 Dubuque
Comprehensive Plan which supports sufficient opportunities for industrial development sites
within the community; retention and expansion of existing, and attraction of new, industrial
development opportunities in suitable locations; and encourages annexation of land suitable for
industrial use if necessary. The Commission found the amendment is a logical expansion of the
current Industrial Park and will be attractive to industries as well as Dubuque County.
Recommendation
By a vote of 5-0, the Long Range Planning Advisory Commission recommends approval of the
amendment to the Dubuque Industrial Center Economic Development District as it is consistent
with the 2012 Dubuque Comprehensive Plan.
Respectfully submitted,
Chad Darter, Chairperson
Long Range Planning Advisory Commission
cc: Michael Van Milligen, City Manager
Maurice Jones, Economic Development Director
FAUsers\Djohnson\Council Items\Urban Renewal&Revitilization Districts\DIC ED-Subareas H,I and J.doc
Service People Integrity Responsibility Innovation Teamwork
MINUTES
CONSULTATION WITH AFFECTED TAXING BODIES for the following URBAN
i
RENEWAL PLAN:
Dubuque Industrial Center Economic Development pwent District
Tuesday, August 23, 2016 at 9:00 a.m.
City Hall, Conference Room B, Second Floor
50 W. 13th Street
Dubuque, Iowa 52001
Meeting commenced 9:00 A.M.
Present: No representative from the taxing bodies were in attendance.
Meeting adjourned: 9:20 A.M.
IL
Maurice Jones
Economic Develop t Director, City of Dubuque
i
STATE OF IOWA {SS:
DUBUQUE COUNTY
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: August 19 & September 2, 2016, and for which the charge is $41.32.
I
i
'I
ii
it
Subscribed to before me, a N ry Public in and for Dubuque County, Iowa,
this_ day o , 20 14 l
ii
i'
Notary Public in and for Dubuque County, Iowa. u
I
h
MARY 1C,WESTERMEYERl ommission Number 154885
�1v Comm. En, FEB, 1,2017
r
ing to the develop- Township" 89 :North,,], said
CITY OF DUBUQUE, ment,construction and, 'Rangowner'of City to
e 2 East of the 5th the above said :Writ-,,,,i
IOWA operation of a'coffee Principal Meridian, in
OFFICIAL NOTICE roasting facility bythe City of Dubuque, tem"comments regard-
PUBLIC NOTICE is Roasting Solutions, Iowa, ing the proposed.
hereby given that the LLC. The amendment The proposetl.;Sub- amendment may be
City;Council of the City also would add areas area I is legally descri- submitted'#o the City
of Dubuque;Iowa, will adjacent to the existing i bed as follows: Clerk's Office on"or be-
hold'a public hearing District, known as Lot 2 Seippel +Road fore sald time of public
on.the 19th day of Sep- Subareas H,I,and J,to Place x#2, Dubuque hearing.
temper, 2016,'at 6:00 -the District for the pur- - County,Iowa. Copies of supporting
p.m; "in, the Historic pose of redevelopment Lot 2-1 1 of the South I document`s for the pub
Federal Building, City and the undertaking of east Quarter of the , lic hearing are.on file in
Council Chambers-1 urban renewal project Southeast Quarter of the City Clerk's Office,
(Second Floor), 1350 activities thereon by section-25, Township 56 W. 13th;Street, Du
West 6th,Street,Dubu the City and Dubuque 89 North,Range 2'East buque, anal may ,,be
que Iowa, at which I County,as described in of the 5th Principal viewed d,uring"normal''
meeting the City Coun- the amended Plan.The Meridian, Dubuque working hours.
cil will consider a pro City Council has found County,Iowa Any visual or hearing
posed amendment to that the proposed The" proposed'Suki- impaired persons
the Amended and areas meet the'defini- area'.is legallydescri needing'special assis-
Restated Urban Renew- tion of an economic de- bed as follows: tance or,persons with
al Plan("Plan")for the velopment area as Lot 2 Jul, `Care special accessibility.
Dubuque industrial found in Chapter 403 of i Place, Dubuque Coun needs shoultl contact
Center 'Economic De the Iowa Code and ty,Iowa: the.City,Clerks i0ffip6 �
velopment District should: " be included Lot 3'Julien Care at (563) 589 4100 .or
("District'). therein. Place, Dubuque Coun- ` TTy (563)"690-6678 at
The proposed amend- The proposed Sub- ty Iowa least 48 hours.prior to
meet, if approved; area H is legally descri- Lot 2-1 Julien Care the meeting. S
would amend the Plan bed as follows: Place, .Dubuque Coun- Published by order of
to include additional Lot l of the Northeast ty Iowa the Cjfy'Councll given-,
project activities that, 1/4 of the Northeast 1/4, \ Atfhe abeue,meetmg on the' 5tl day of Au-
may be undertaken in and Lot 2 of Lot 1 of Lot =-t�e"City Gouneikwih re- gust,2016. ,
order to achieve the 1 of Lot 2 of the North- ceive oral and written Kevip FirnstahI,
objectives of the Plan, east 1/4 of the Northeast •comments from any CMC,City Clerk'.