IDED CEBA Ap QuebecorIOWA
DEPARTMENT OF
ECONOMIC DEVELOPMENT
March 28, 2002
The Honorable Terrance Duggan
Mayor, City of Dubuque
50 W. 13t~ Street
Dubuque, Iowa 52001-4864
RE:
Community Economic Betterment Account (CEBA)
Application No. 02-PRO-03: Quebecor World Dubuque, Inc.
Dear Mayor Duggan:
It is my pleasure to advise you that on March 21, 2002, the Iowa Department of Economic
Development Board of Directors approved your community's application for CEBA assistance on
behalf of the above-captioned business. The Board approved the CEBA Project Review
Committee's recommendation to provide a forgivable loan in an amount not to exceed $172,500
and a 5 year 0% loan in an amount not to exceed $172,500. The project must be administered in
accordance with current CEBA administrative rules, and the award is contingent upon the
Department finding that the Business has an acceptable record with respect to state and federal
law compliance to include environmental compliance.
In addition, the company must comply with the 1999 Iowa Code, Section 15A.1(3), which requires
companies receiving state financial assistance to conduct in-house audits and management plans
to reduce the amount of hazardous waste generated and to safely dispose of those wastes. To
assist you in complying with these statutes, we have attached a listing indicating some of the
technical assistance sources for both Energy Efficiency Design and Management and Waste
Reduction Design and Management.
The following activities must be accomplished prior to release of funds.
1. A Loan Agreement, prepared by the Iowa Department of Economic
Development, must be executed by the parties.
Businesses generating solid or hazardous waste must either: 1) submit a copy of the
business' existing in-house plan to reduce the amount of waste and safely dispose of the
waste based on an in-house audit conducted within the past three years; 2) submit an
outline of a plan to be developed in-house or 3) submit documentation that the business
has authorized the Iowa Department of Natural Resources or Iowa Waste Reduction
Center to conduct the audit.
The enclosed Loan Agreement Attachment A should be reviewed and
Attachment B should be completed; then both should be returned to the
Department.
The business shall have provided documentation to the Department that it has
consulted with the area Workforce Center and Workforce Investment
Act/Promise Jobs Service Delivery Area Office to discuss employment services
available. In addition, the Business shall make available ten percent (10%) of the
THOMAS J. VILSACK, GOVEKNOR
SALLYJ. PEDER$ON, LT. GOVERNOR
C.J.Niles, Director · 200 East Grand Avenue · Des Moines, Iowa 50309-1827 ° 515.242.4700 · Fax: 515.242.4809
info@ided.state.imus ° TTY: 1.800.735.2942 · www. state.ia.us/ided
new jobs created to qualified Promise Jobs program participants. Also, the
business must provide to these agencies a list of positions to be created
including job descriptions and qualifications.
Documentation shall be submitted to the Department of Economic Development
indicating funding in the project from the following sources:
Source Type Amount
City of Dubuque TIF $ 174,000
Quebecor World (USA) Cash/Equity $23,655,000
NE Iowa Community College Job Training $ 554,000
The secudty/cellateral required in this project is: Corporate Guaranty from
Quebecor World (USA) Inc. Executed security agreements/liens in the project
shall be forwarded to the Department. It is understood that this security interest
will be superior to any Community funds in the project, excluding conventional
bank financing.
The Business acknowledges that if it fails to create/retain 106 FTE (full-time equivalent) jobs by
the Project Completion Date, it will reimburse CEBA funds for the employment shortfall 'as set out
in the Loan Agreement.
The Iowa Department of Workforce Development can provide labor market information,
recruitment and placement services, proficiency testing, and answers to questions on worker's
compensation, workplace safety and unemployment insurance. Your local Iowa Workforce
Development Office will be notified of your award and will be contacting you to provide additional
information.
Please let us know if we may be of any further assistance. We are looking forward to the
implementation of the project and the new job opportunities it will create.
Sincerely,
C. J. Niles
Director
CJN/Idr
Enclosure
CC:
Governor VilsackJLt. Governor Pederson
Rich Dunn, Vice President, Quebecor World Inc.
Senator Connolly
Representative Scherrman
Dwayne Ferguson, Legislative Fiscal Bureau
Mark Thompson, Office of the Attorney General
Brian Tormey, Department of Natural Resources
Tony Dietsch, Iowa Workforce Development
Bill Baum, City of Dubuque
Rich Dunn, Quebecor World Dubuque, Inc.
SOURCES OF TECHNICAL ASSISTANCE
Energy Efficiency Design and Management
Department of Natural Resources
Energy and Geological Resources Division
Larry Bean, Administrator
900 East Grand
Des Moines, IA 50319
515/281-4308
Iowa State University Extension
Center for Industrial Research and Service
ISU Research Park Suite 500
2501 North Loop Drive
Ames, IA 50010
515/294-3420
with regional offices in Cedar Rapids, Council Bluffs, Davenport, Des Moines, Storm Lake, and
Waterloo
Local utility company
Private energy management engineering and conservation consultants
Waste Reduction Design and Management
Department of Natural Resources
Waste Management Assistance Division
Scott Vander Hart, Pollution Prevention Manager
900 East Grand
Des Moines, IA 50319
515/281-6275
University of Northem Iowa
Iowa Waste Reduction Center
John Konefes, Director
1005 Technology Parkway
Cedar Falls, IA 50613
319/273-8905
Iowa State University Extension
Center for Industrial Research and Service
Lloyd Anderson, Interim Director
ISU Research Park Suite 500
2501 North Loop Drive
Ames, IA 50010
515/294-3420
with regional offices in Cedar Rapids, Council Bluffs, Davenport,
Des Moines, Storm Lake, and Waterloo
4. Pdvate environmental engineering consultants.
ATTACHMENT B
CEBA Name of Recipient C~ty o~' Dubuque
IOWA CEBA RECIPIENT PROGRAM SCHEDULE
2002
PROJECT ACTIVITY: Forgivable Loan/Loan to 1" Qtr. 2"" Qtr. 3~" Qtr. 4'" Qtr.
the City of Dubuque for Quebecor World Dubuque,
Inc. A M J J A S O N D J F M
Milestones: /I I / //I / // //
1. Building Remodeling
2. Machinery and Equipment i'
3. Permanent Working Capital
4.
5.
6.
7. I
2003
PROJECT ACTIVITY: Forgivable Loan/Loan to the 5s~ Qtr. 6th Qtr. 7th Qtr. 8th Qtr.
City of Dubuque for Quebecor World Dubuque,
Inc. A M J J A S O N D J F M
Milestones: I II // II I/ II/
1. Building Remodeling
2. Machinery and Equipment
3. Permanent Working Capital
4.
5.
6.
7.
ATTACHMENT B
CEBA Name of Recipient City of Dubuque
IOWA CEBA RECIPIENT PROGRAM SCHEDULE
2004
PROJECT ACTIVITY: Forgivable Loan/Loan to the 9th Qtr. 10th Qtr. 11th Qtr. 12~h Qtr.
City of Dubuque for Quebecor World Dubuque,
Inc. A M J JA S O N D J F M
Milestones: I // /1/I // I I/
1. Building Remodeling
2. Machinery and Equipment
3. Permanent Working Capital
4.
5.
6.
7.