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Fiscal Year 2018 Annual County TIF Report Copyright 2014 City of Dubuque Consent Items # 20. ITEM TITLE: Fiscal Year 2018 Annual County TIF Report SUMMARY: City Manager providing the Annual Tax Increment Financing Report that has been filed with Dubuque County Auditor Denise Dolan. SUGGESTED DISPOSITION: Suggested Disposition: Receive and File ATTACHMENTS: Description Type MVM Memo City Manager Memo Staff Memo Staff Memo FY18 GDTIF County TIF Report Supporting Documentation FY18 DICW County TIF Report Supporting Documentation FY18 TECH County TIF Report Supporting Documentation FY18 English Ridge TIF Report Supporting Documentation FY18 Lake Ridge County TIF Supporting Documentation FY18 North Cascade TIF Report Supporting Documentation THE CITY OF Dubuque UBE I erica .i Masterpiece on the Mississippi 2007-2012-2013 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: FY 2018 Annual Tax Increment Financing Report DATE: December 27, 2016 Budget Director Jennifer Larson has provided the Annual Tax Increment Financing Report that has been filed with Dubuque County Auditor Denise Dolan. I concur with the recommendation and respectfully request Mayor and City Council approval. �+t Michael C. Van Milligen MCVM/jml Attachment cc: Crenna Brumwell, City Attorney Cindy Steinhauser, Assistant City Manager Teri Goodmann, Assistant Finance Director Jennifer Larson, Budget Director Jean Nachtman, Finance Director Maurice Jones, Economic Development Director THE CITY OF Dubuque UB3 9 E 111-America Ciii Masterpiece on the Mississippi 2007-2012-2013 TO: Michael C. Van Milligen, City Manager Kevin Firnstahl, City Clerk Jean Nachtman, Finance Director Maurice Jones, Economic Development Director FROM: Jennifer Larson, Budget Director SUBJECT: FY 2018 Annual Tax Increment Financing Report DATE: December 27, 2016 The Annual Tax Increment Financing Report for FY 2018 has been filed with Dubuque County Auditor Denise Dolan pursuant to the Code of Iowa, Section 403.19(2). This report includes all cumulative expenditures eligible for tax increment reimbursement for each TIF district, and reflects the total tax increment cumulative revenue received through FY 2016 and the amount estimated to be received in FY 2017. Should you have questions on the attached report, please feel free to contact me. Thank you. JML Attachment cc: Crenna Brumwell, City Attorney (w/o attachment) Cindy Steinhauser, Assistant City Manager (w/o attachment) Teri Goodmann, Assistant City Manager (w/o attachment) CITY TIF FORM 1 -INDEBTEDNESS CERTIFICATION Cover Sheet CODE OF IOWA SECTION 403.19 TAX INCREMENT FINANCING (TIF) INDEBTEDNESS CERTIFICATION TO COUNTY AUDITOR Due To County Auditor By December 1 Prior To The Fiscal Year TIF Increment Revenue Is Requested Use One Certification Per Urban Renewal Area City: Dubuque County: Dubuque Urban Renewal Area Name: Greater Downtown Urban Renewal Project Urban Renewal Area Number: 31033 (Use five-digit Area Number Assigned by the County Auditor) I hereby certify to the County Auditor that for the Urban Renewal Area within the City and County named above the City has outstanding loans, advances, indebtedness, or bonds, none of which have been previously certified, in the collective amount shown below, all of which will qualify for payment from the special fund referred to in paragraph 2 of Section 403.19 of the Code of Iowa. Urban Renewal Area Indebtedness Not Previously Certified*: $ 10,972,164 *There must be attached a supporting itemized listing of the dates that individual loans, advances, indebtedness, or bonds were initially approved by the governing body. (Complete and attach 'CITY TIF FORM 1.1'.) The County Auditor shall provide the available TIF increment tax revenue in subsequent fiscal years without further certification until the above-stated amount of indebtedness is paid to the special TIF fund of City. However, for any fiscal year a City may elect to receive less than the available TIF increment tax revenue by certifying the requested amount to the County Auditor on or before the preceding December 1. (File 'CITY TIF FORM 2'with the County Auditor by the preceding December 1 for each of those fiscal years where all of the TIF increment tax revenue is not requested.) A City reducing certified TIF indebtedness by any reason other than application of TIF increment tax revenue received from the County Treasurer shall certify such reduced amounts to the County Auditor no later than December 1 of the year of occurrence. (File 'CITY TIF 'FORM 3'with the County Auditor when TIF indebtedness has been reduced by any reason other than application of TIF increment tax revenue received from the County Treasurer.) Notes/Additional Information: Dated this 1 st day of December 2016 �— 563-589-4110 Signature 6f Authorized Official Telephone CITY TIF FORM 1.1 -To be attached to CITY TIF FORM 1 -INDEBTEDNESS CERTIFICATION Page 1 TIF INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR City: Dubuque County: Dubuque Urban Renewal Area Name: Greater Downtown Urban Renewal Project Urban Renewal Area Number: 31033 (Use five-digit Area Number Assigned by the County Auditor) Individual TIF Indebtedness Type/Description/Details: Date Approved*: Total Amount: 1. 2006C Refunding Bonds 3rd St Ramp/20121 GO Bond 12/10/2012 7,285,356 Decertified too much for parking contribution R'X'this box if a rebate agreement. List administrative details on lines above. 2. Internal Loan-Greater Downtown On Site Improvements 07/01/2016 182,296 Legal fees/Consultant/Stormwater n'Xthis box if a rebate agreement. List administrative details on lines above. 3. 2007 TIF Revenue Bond POD Ramp- Previous Year expenses 10/16/07 247,903 Adjust to Actual FTX'this box if a rebate agreement. List administrative details on lines above. 4. Economic Development Agreement-McGraw Hill 11 06/19/06 256,794 Increased assessed value which increased rebate payment FIXthis box if a rebate agreement. List administrative details on lines above. 5. Economic Development Agreement- Hartig 09/21/06 408 Increased Assessed Value which increased rebate payment Q'X'this box if a rebate agreement. List administrative details on lines above. If more indebtedness entry lines are needed continue to Form 1.1 Page 2. Total For City TIF Form 1.1 Page 1: 7,972,757 *"Date Approved" is the date that the local governing body initially approved the TIF indebtedness. CITY TIF FORM 1.1 -To be attached to CITY TIF FORM 1 -INDEBTEDNESS CERTIFICATION Page 2 TIF INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR City: Dubuque County: Dubuque Urban Renewal Area Name: Greater Downtown Urban Renewal Project Urban Renewal Area Number: 31033 (Use five-digit Area Number Assigned by the County Auditor) Individual TIF Indebtedness Type/Description/Details: Date Approved*: Total Amount: 6. Economic Development Agreement-Star Brewery 07/17/2006 111,444 Increased Assessed Value FIXthis box if a rebate agreement. List administrative details on lines above. 7. Economic Development Agreement-Interstate Building 11/03/2008 19,026 Increased Assessed Value I Xthis box if a rebate agreement. List administrative details on lines above. 8. Economic Development Agreement-C&B Security Bldg 7/20/07 56,279 Increased Assessed Value x 'X'this box if a rebate agreement. List administrative details on lines above. 9. Economic Development Agreement-44 Main 10/18/2010 184,202 Increased Assessed Valuation xl'X'this box if a rebate agreement. List administrative details on lines above. 10.2010 Tax Exempt Borrowing for 10th &Central Parking Ramp 06/01/2017 62,762 Adjust to Actual FI'X'this box if a rebate agreement. List administrative details on lines above. If more indebtedness entry lines are needed continue to Form 1.1 Page 3. Total For City TIF Form 1.1 Page 2: 433,713 *"Date Approved" is the date that the local governing body initially approved the TIF indebtedness. CITY TIF FORM 1.1 -To be attached to CITY TIF FORM 1 -INDEBTEDNESS CERTIFICATION Page 3 TIF INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR City: Dubuque County: Dubuque Urban Renewal Area Name: Greater Downtown Urban Renewal Project Urban Renewal Area Number: 31033 (Use five-digit Area Number Assigned by the County Auditor) Individual TIF Indebtedness Type/Description/Details: Date Approved*: Total Amount: 11. Internal Loan-Greater Downtown TIF Development(financial consult grant) 07/01/2012 15,000 Additional grants F 'X'this box if a rebate agreement. List administrative details on lines above. 12.Economic Development Agreement-Roshek 02/17/2009 1,631,720 Corrected length of agreement xj Xthis box if a rebate agreement. List administrative details on lines above. 13. Economic Development Agreement-73 CHS Crust 08/16/2010 111,504 Increase in assessed Value x�'X'this box if a rebate agreement. List administrative details on lines above. 14. Economic Development Agreement-Victory Cafe 06/21/2010 15,100 Increased Assessed Value xx Xthis box if a rebate agreement. List administrative details on lines above. 15. Economic Development Agreement-Hotel Julien 04/21/2008 345,508 Increased Assessed Value x]W this box if a rebate agreement. List administrative details on lines above. If more indebtedness entry lines are needed continue to Form 1.1 Page 4. Total For City TIF Form 1.1 Page 3: 2,118,832 *"Date Approved" is the date that the local governing body initially approved the TIF indebtedness. CITY TIF FORM 1.1 -To be attached to CITY TIF FORM 1 -INDEBTEDNESS CERTIFICATION Page 4 TIF INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR City: Dubuque County: Dubuque Urban Renewal Area Name: Greater Downtown Urban Renewal Project Urban Renewal Area Number: 31033 (Use five-digit Area Number Assigned by the County Auditor) Individual TIF Indebtedness Type/Description/Details: Date Approved*: Total Amount: 16. Economic Development Agreement- Morrison Brothers 10/06/2008 64,984 Increase in assessed value nx W this box if a rebate agreement. List administrative details on lines above. 17. Economic Development Agreement-Quebecor 07/01/2015 157 Adjust to Actual I Xthis box if a rebate agreement. List administrative details on lines above. 18. Economic Development Agreement-Caradco 03/21/2011 47,519 Increased Assessed Value xl'X'this box if a rebate agreement. List administrative details on lines above. 19. Economic Development Agreement-Bonson Block 12/19/2011 23,725 Increased Assessed Valuation x�'X'this box if a rebate agreement. List administrative details on lines above. 20.Economic Development Agreement- Flexsteel 04/18/2011 223,295 Increase in Assessed Value xl'X'this box if a rebate agreement. List administrative details on lines above. Total For City TIF Form 1.1 Page 4: 359,680 *"Date Approved"is the date that the local governing body initially approved the TIF indebtedness. CITY TIF FORM 1.1 -To be attached to CITY TIF FORM 1 -INDEBTEDNESS CERTIFICATION Page 5 TIF INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR City: Dubuque County: Dubuque Urban Renewal Area Name: Greater Downtown Urban Renewal Project Urban Renewal Area Number: 31033 (Use five-digit Area Number Assigned by the County Auditor) Individual TIF Indebtedness Type/Description/Details: Date Approved*: Total Amount: 21 Economic Development Agreement-Plastic Center 02/07/2011 87,182 Increased Assessed Valuation xj Xthis box if a rebate agreement. List administrative details on lines above. 22 R'X'this box if a rebate agreement. List administrative details on lines above. 23 �'X'this box if a rebate agreement. List administrative details on lines above. 24 FTX'this box if a rebate agreement. List administrative details on lines above. 25 n'X'this box if a rebate agreement. List administrative details on lines above. Total For City TIF Form 1.1 Page 5: 87,182 *"Date Approved"is the date that the local governing body initially approved the TIF indebtedness. CITY TIF FORM 3 TIF INDEBTEDNESS HAS BEEN REDUCED BY REASON OTHER THAN APPLICATION OF TIF INCREMENT TAX REVENUE RECEIVED FROM THE COUNTY TREASURER CERTIFICATION TO COUNTY AUDITOR Use One Certification Per Urban Renewal Area City: Dubuque County: Dubuque Urban Renewal Area Name: Greater Downtown Urban Renewal Project Urban Renewal Area Number: 31033 (Use five-digit Area Number Assigned by the County Auditor) I hereby certify to the County Auditor that for the Urban Renewal Area within the City and County named above, the City has reduced previously certified indebtedness, by reason other than application of TIF increment tax revenue received from the County Treasurer, by the total amount as shown below. Provide sufficient detail so that the County Auditor will know how to specially administer your request. For example, you could have multiple indebtedness certifications in the Urban Renewal Area, and the County Auditor would need to know which particular indebtedness certifcation(s)to reduce. If rebate agreements are involved with a reduction, and the County has segregated the rebate property into separate TIF Increment taxing districts, provide the five-digit county increment taxing district numbers for reference. Individual TIF Indebtedness Type/Description/Details: Amount Reduced: Economic Development Agreement-Paragon- Project Delayed-Eliminate Remainder 14,040 2002GO Bonds Main Street Refunded to 2010A-Refunding Savings 74,730 Internal Loan-Greater Downtown On Site Improvements-Selco Land Sale 22,181 Economic Development Agreement- Heartland-Adjust to Actual 33,841 2007 TIF Revenue Bond POD Ramp- Diamond Jo payment 350,970 2007 TIF Revenue Bond POD Ramp- Interest 179,193 Economic Development Agreement- Port of Dubuque Adams -Close out 22,024 Economic Development Agreement-German Bank-Close Out 5,000 Internal Loan -Kephart's Building Renovation-Reimbursement 645 2008 TIF Bond for Library Renovation- Refunding Savings Series 2016B 141,424 Internal Loan-Millwork Streetscape-Adjust to Actual 8,772 Internal Loan -Kerper Industrial Park Development-Duplicated 1,095,101 2002 TIF Revenue Bond- Eagle Window(ALLC)-Adjust to Actual 99,621 Economic Development Agreement-Engine House# 1 DB&T- Reduced Valuation 6,585 Economic Development Agreement- Franklin Investments -multiresidential rollback 67,147 Economic Development Agreement- Linseed Oil -wrong parcel/multiresidential rollback 545,584 2008 TIF Bond for Kephart Renovation-Refunding Savings 2016B 16,637 Total Reduction In Indebtedness For This Urban Renewal Area: 2,683,495 Dated this 1 st day of December 2016 zq��= 563-589-4110 Signature of Authorized Official Telephone Greater Downtown TIF District Life-to-date TIF Revenue No. FY Amount Cumulative 1 FY 1984 $39,458.09 $39,458.09 2 FY 1985 $87,008.45 $126,466.54 3 FY 1986 $80,940.29 $207,406.83 4 FY 1987 $84,949.07 $292,355.90 5 FY 1988 $75,413.12 $367,769.02 6 FY 1989 $106,025.23 $473,794.25 7 FY 1990 $42,587.45 $516,381.70 8 FY 1991 $86,756.67 $603,138.37 9 FY 1992 $359,904.69 $963,043.06 10 FY 1993 $361,625.38 $1,324,668.44 11 FY 1994 $660,614.07 $1,985,282.51 12 FY 1995 $634,279.91 $2,619,562.42 13 FY 1996 $409,680.44 $3,029,242.86 14 FY 1997 $279,723.01 $3,308,965.87 15 FY 1998 $8,040.60 $3,317,006.47 16 FY 1999 $626,581.00 $3,943,587.47 17 FY 2000 $609,697.55 $4,553,285.02 18 FY 2001 $444,838.49 $4,998,123.51 19 FY 2002 $384,808.36 $5,382,931.87 20 FY 2003 $796,249.56 $6,179,181.43 21 FY 2004 $886,287.47 $7,065,468.90 22 FY 2005 $1,045,521.62 $8,110,990.52 29 E 7th St $295,925.46 $8,406,915.98 29 Quebecor $115,968.46 $8,522,884.44 29 Kerper $5,926,271.79 $14,449,156.23 1 FY 1994 $59,123.74 $14,508,279.97 2 FY 1995 $67,803.53 $14,576,083.50 3 FY 1996 $66,831.13 $14,642,914.63 4 FY 1997 $44,924.70 $14,687,839.33 5 FY 1998 $45,936.94 $14,733,776.27 6 FY 1999 $53,907.00 $14,787,683.27 7 FY 2000 $53,396.78 $14,841,080.05 8 FY 2001 $55,328.50 $14,896,408.55 9 FY 2002 $56,300.38 $14,952,708.93 10 FY 2003 $68,424.89 $15,021,133.82 11 FY 2004 $69,549.21 $15,090,683.03 12 FY 2005 $375,055.00 $15,465,738.03 23 FY 2006 $1,450,644.49 $16,916,382.52 24 FY 2007 $2,050,318.21 $18,966,700.73 25 FY 2008 $2,113,732.18 $21,080,432.91 26 FY 2009 $2,280,167.53 $23,360,600.44 27 FY 2010 $2,464,670.63 $25,825,271.07 28 FY 2011 $4,713,727.25 $30,538,998.32 29 FY 2012 $5,278,652.79 $35,817,651.11 30 FY 2013 $6,145,683.68 $41,963,334.79 31 FY 2014 $5,446,317.46 $47,409,652.25 32 FY 2015 $6,383,225.20 $53,792,877.45 33 FY 2016 $ 5,850,669.64 $59,643,547.09 33 FY 2017 $ 6,827,918.00 $66,471,465.09 CITY TIF FORM 1 -INDEBTEDNESS CERTIFICATION Cover Sheet CODE OF IOWA SECTION 403.19 TAX INCREMENT FINANCING (TIF) INDEBTEDNESS CERTIFICATION TO COUNTY AUDITOR Due To County Auditor By December 1 Prior To The Fiscal Year TIF Increment Revenue Is Requested Use One Certification Per Urban Renewal Area City: Dubuque County: Dubuque Urban Renewal Area Name: Dubuque Industrial Center Economic Development District Urban Renewal Area Number: 31002 (Use five-digit Area Number Assigned by the County Auditor) I hereby certify to the County Auditor that for the Urban Renewal Area within the City and County named above the City has outstanding loans, advances, indebtedness, or bonds, none of which have been previously certified, in the collective amount shown below, all of which will qualify for payment from the special fund referred to in paragraph 2 of Section 403.19 of the Code of Iowa. Urban Renewal Area Indebtedness Not Previously Certified*: $ 6,182,791 *There must be attached a supporting itemized listing of the dates that individual loans, advances, indebtedness, or bonds were initially approved by the governing body. (Complete and attach 'CITY TIF FORM 1.1'.) The County Auditor shall provide the available TIF increment tax revenue in subsequent fiscal years without further certification until the above-stated amount of indebtedness is paid to the special TIF fund of City. However, for any fiscal year a City may elect to receive less than the available TIF increment tax revenue by certifying the requested amount to the County Auditor on or before the preceding December 1. (File'CITY TIF FORM 2'with the County Auditor by the preceding December 1 for each of those fiscal years where all of the TIF increment tax revenue is not requested.) A City reducing certified TIF indebtedness by any reason other than application of TIF increment tax revenue received from the County Treasurer shall certify such reduced amounts to the County Auditor no later than December 1 of the year of occurrence. (File 'CITY TIF 'FORM 3'with the County Auditor when TIF indebtedness has been reduced by any reason other than application of TIF increment tax revenue received from the County Treasurer.) Notes/Additional Information: Dated this 1 st day of December 2016 563-589-4110 Signature of Authorized Official Telephone CITY TIF FORM 1.1 -To be attached to CITY TIF FORM 1 -INDEBTEDNESS CERTIFICATION Page 1 TIF INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR City: Dubuque County: Dubuque Urban Renewal Area Name: Dubuque Industrial Center Economic Development District Urban Renewal Area Number: 31002 (Use five-digit Area Number Assigned by the County Auditor) Individual TIF Indebtedness Type/Description/Details: Date Approved*: Total Amount: 1. Internal Loan-County Farm Industrial Site Development 06/30/2016 139,846 Additional expenses for Consultant Services, Legal Fees, and Abstracting. rj'X'this box if a rebate agreement. List administrative details on lines above. 2. Economic Development Agreement-Tri-States Heller Family Realty 07/05/2005 3,047 Increased assessed value which increased rebate payment Q'X'this box if a rebate agreement. List administrative details on lines above. 3. Economic Development Agreement-Scher Real Estate 06/19/2006 8,391 Increased assessed value which increased rebate payment xx'X'this box if a rebate agreement. List administrative details on lines above. 4. Economic Development Agreement-Giese Properties II 07/17/2006 4,178 Increased assessed value which increased rebate payment Q'X'this box if a rebate agreement. List administrative details on lines above. 5. Economic Development Agreement-Arts Way 08/06/2007 30,874 Increased assessed value which increased rebate payment xF'X'this box if a rebate agreement. List administrative details on lines above. If more indebtedness entry lines are needed continue to Form 1.1 Page 2. Total For City TIF Form 1.1 Page 1: 186,336 *"Date Approved"is the date that the local governing body initially approved the TIF indebtedness. CITY TIF FORM 1.1 -To be attached to CITY TIF FORM 1 -INDEBTEDNESS CERTIFICATION Page 2 TIF INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR City: Dubuque County: Dubuque Urban Renewal Area Name: Dubuque Industrial Center Economic Development District Urban Renewal Area Number: 31002 (Use five-digit Area Number Assigned by the County Auditor) Individual TIF Indebtedness Type/Description/Details: Date Approved*: Total Amount: 6. 04/21/2008 570,172 Internal Loan-Chavenelle Ct Extension to Hormel Foods Chavenelle Ct-Construction Contract missed FTX'this box if a rebate agreement. List administrative details on lines above. 7. 11/05/2009 2 2009 Tax Exempt Borrowing for North Siegert Farm Adjust for rounding on BAB Subsidy received FTX'this box if a rebate agreement. List administrative details on lines above. 8. Internal Loan-South Siegert Farm Exp: Verena Court Improvements 05/10/2016 311,491 Construction of cul-de-sac and sanitary sewer n'X'this box if a rebate agreement. List administrative details on lines above. 9. Economic Development Agreement-TM Logistics 05/16/2011 60,743 Increased assessed value which increased rebate payment xl'X'this box if a rebate agreement. List administrative details on lines above. 10. Economic Development Agreement-Faley Properties(IWI) 02/07/2011 529,479 Increased assessed value which increased rebate payment xx'X'this box if a rebate agreement. List administrative details on lines above. If more indebtedness entry lines are needed continue to Form 1.1 Page 3. Total For City TIF Form 1.1 Page 2: 1,471,887 *"Date Approved"is the date that the local governing body initially approved the TIF indebtedness. CITY TIF FORM 1.1 -To be attached to CITY TIF FORM 1 -INDEBTEDNESS CERTIFICATION Page 3 TIF INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR City: Dubuque County: Dubuque Urban Renewal Area Name: Dubuque Industrial Center Economic Development District Urban Renewal Area Number: 31002 (Use five-digit Area Number Assigned by the County Auditor) Individual TIF Indebtedness Type/Description/Details: Date Approved*: Total Amount: 11.Economic Development Agreement-Theisen Supply II 02/20/2012 2,939 Increased assessed value which increased rebate payment x]'X'this box if a rebate agreement. List administrative details on lines above. 12. Economic Development Agreement-Green Industrial Supply 08/15/2011 740,270 Increased assessed value which increased rebate payment nx Xthis box if a rebate agreement. List administrative details on lines above. 13. Economic Development Agreement-Tri-State Quality Metals 03/17/2014 325,104 New property tax rebate agreement x X this box if a rebate agreement. List administrative details on lines above. 14.Synergy CourUN Siegert Expansion-Series 2016B Refunding Bonds 03/07/2016 3,456,255 Refunds Series 2005B&Series 2008B(remaining bal. removed on form 3) [1'X'this box if a rebate agreement. List administrative details on lines above. 15. FI Xthis box if a rebate agreement. List administrative details on lines above. If more indebtedness entry lines are needed continue to Form 1.1 Page 4. Total For City TIF Form 1.1 Page 3: 4,524,568 *"Date Approved"is the date that the local governing body initially approved the TIF indebtedness. CITY TIF FORM 3 TIF INDEBTEDNESS HAS BEEN REDUCED BY REASON OTHER THAN APPLICATION OF TIF INCREMENT TAX REVENUE RECEIVED FROM THE COUNTY TREASURER CERTIFICATION TO COUNTY AUDITOR Use One Certification Per Urban Renewal Area City: Dubuque County: Dubuque Urban Renewal Area Name: Dubuque Industrial Center Economic Development District Urban Renewal Area Number: 31002 (Use five-digit Area Number Assigned by the County Auditor) I hereby certify to the County Auditor that for the Urban Renewal Area within the City and County named above, the City has reduced previously certified indebtedness, by reason other than application of TIF increment tax revenue received from the County Treasurer, by the total amount as shown below. Provide sufficient detail so that the County Auditor will know how to specially administer your request. For example, you could have multiple indebtedness certifications in the Urban Renewal Area, and the County Auditor would need to know which particular indebtedness certifcation(s)to reduce. If rebate agreements are involved with a reduction, and the County has segregated the rebate property into separate TIF Increment taxing districts, provide the five-digit county increment taxing district numbers for reference. Individual TIF Indebtedness Type/Description/Details: Amount Reduced: Internal Loan -County Farm Industrial Site Development: Interest Earnings Received 31,278 Internal Loan -County Farm Industrial Site Development: Spiegel Family Land Sale 197,287 Internal Loan-County Farm Industrial Site Development: Rockfarm Holdings Land Sale 90,500 Internal Loan-County Farm Industrial Site Development: Roasting Solutions Land Sale 432,000 Internal Loan-County Farm Industrial Site Development: McFadden Farm Special Assessment 24,886 Economic Development Agreement-Spec Building-Welter Development Adjust to Actual 347,335 Economic Development Agreement-McGraw Hill Corp Adjust to Actual 1 Economic Development Agreement-Giese Adjust to Actual 4,365 DICW Expansion-refunded bonds-Actual Interest Expense Savings Adjustment 15,220 Economic Development Loan- P&L Ventures(National Dentex) re-estimated 5,213 Economic Development Loan-Kendall Hunt re-estimated 29,256 Economic Development Agreement- Medline re-estimated 31,365 Economic Development Agreement-Spiegel Spec Building re-estimated 71,429 Economic Development Agreement-Vanguard re-estimated 148,887 Economic Development Agreement-AY McDonald-State Exemption/Rollback eliminated rebate 55,739 2009 Tax Exempt Borrowing for North Siegert Farm-BAB Subsidy 48,024 2004 TIF Bonds Tax Exempt- DICW Expansion Project-Bonds Refunded 3,487,503 2008 Tax Exempt Borrowing for North Siegert Farm -Bonds Refunded 323,975 Total Reduction In Indebtedness For This Urban Renewal Area: 5,344,263 Dated this 1 st day of December 2016 563-589-4110 Signature of Authorized Official Telephone Fund 210 History of TIF Revenue No. FY Payments Cumulative 1 FY 1991 $29,220.26 $29,220.26 2 FY 1992 $45,703.10 $74,923.36 3 FY 1993 $44,058.82 $118,982.18 4 FY 1994 $313,592.25 $432,574.43 5 FY 1995 $306,113.60 $738,688.03 6 FY 1996 $302,153.20 $1,040,841.23 7 FY 1997 $305,207.26 $1,346,048.49 8 FY 1998 $176,189.82 $1,522,238.31 9 FY 1999 $396,200.00 $1,918,438.31 10 FY 2000 $473,272.24 $2,391,710.55 11 FY 2001 $561,217.88 $2,952,928.43 12 FY 2002 $593,799.22 $3,546,727.65 13 FY 2003 $586,527.21 $4,133,254.86 14 FY 2004 $747,566.00 $4,880,820.86 15 FY 2005 $1,084,028.74 $5,964,849.60 16 FY 2006 $1,215,709.72 $7,180,559.32 17 FY 2007 $1,421,445.08 $8,602,004.40 18 FY 2008 $1,451,317.88 $10,053,322.28 19 FY 2009 $1,698,155.91 $11,751,478.19 20 FY 2010 $2,048,569.38 $13,800,047.57 21 FY 2011 $2,585,694.85 $16,385,742.42 22 FY 2012 $3,251,408.06 $19,637,150.48 23 FY 2013 $3,223,019.83 $22,860,170.31 24 FY 2014 $3,233,396.37 $26,093,566.68 25 FY 2015 $3,819,075.88 $29,912,642.56 26 FY 2016 $ 3,896,534.57 $33,809,177.13 27 FY 2017 $ 4,184,726.00 $37,993,903.13 est CITY TIF FORM 1 -INDEBTEDNESS CERTIFICATION Cover Sheet CODE OF IOWA SECTION 403.19 TAX INCREMENT FINANCING (TIF) INDEBTEDNESS CERTIFICATION TO COUNTY AUDITOR Due To County Auditor By December 1 Prior To The Fiscal Year TIF Increment Revenue Is Requested Use One Certification Per Urban Renewal Area City: Dubuque County: Dubuque Urban Renewal Area Name: Dubuque Industrial Center/South Economic Development District Urban Renewal Area Number: 31018 (Use five-digit Area Number Assigned by the County Auditor) I hereby certify to the County Auditor that for the Urban Renewal Area within the City and County named above the City has outstanding loans, advances, indebtedness, or bonds, none of which have been previously certified, in the collective amount shown below, all of which will qualify for payment from the special fund referred to in paragraph 2 of Section 403.19 of the Code of Iowa. Urban Renewal Area Indebtedness Not Previously Certified*: $ 31,841 *There must be attached a supporting itemized listing of the dates that individual loans, advances, indebtedness, or bonds were initially approved by the governing body. (Complete and attach 'CITY TIF FORM 1.1'.) The County Auditor shall provide the available TIF increment tax revenue in subsequent fiscal years without further certification until the above-stated amount of indebtedness is paid to the special TIF fund of City. However, for any fiscal year a City may elect to receive less than the available TIF increment tax revenue by certifying the requested amount to the County Auditor on or before the preceding December 1. (File 'CITY TIF FORM 2'with the County Auditor by the preceding December 1 for each of those fiscal years where all of the TIF increment tax revenue is not requested.) A City reducing certified TIF indebtedness by any reason other than application of TIF increment tax revenue received from the County Treasurer shall certify such reduced amounts to the County Auditor no later than December 1 of the year of occurrence. (File 'CITY TIF 'FORM T with the County Auditor when TIF indebtedness has been reduced by any reason other than application of TIF increment tax revenue received from the County Treasurer.) Notes/Additional Information: Dated this 1st day of December 2016 563-589-4110 Signature of Authorized Official Telephone CITY TIF FORM 1.1 -To be attached to CITY TIF FORM 1 -INDEBTEDNESS CERTIFICATION Page 1 TIF INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR City: Dubuque County: Dubuque Urban Renewal Area Name: Dubuque Industrial Center/South Economic Development District Urban Renewal Area Number: 31018 (Use five-digit Area Number Assigned by the County Auditor) Individual TIF Indebtedness Type/Description/Details: Date Approved*: Total Amount: 1. Economic Develpoment Grant-Straka/Conlon Johnson 06/30/2015 31,841 Reconciled to County FTX'this box if a rebate agreement. List administrative details on lines above. 2. x�Xthis box if a rebate agreement. List administrative details on lines above. 3. x�'X'this box if a rebate agreement. List administrative details on lines above. 4. F�'X'this box if a rebate agreement. List administrative details on lines above. 5. R'X'this box if a rebate agreement. List administrative details on lines above. If more indebtedness entry lines are needed continue to Form 1.1 Page 2. Total For City TIF Form 1.1 Page 1: 31,841 *"Date Approved"is the date that the local governing body initially approved the TIF indebtedness. CITY TIF FORM 3 TIF INDEBTEDNESS HAS BEEN REDUCED BY REASON OTHER THAN APPLICATION OF TIF INCREMENT TAX REVENUE RECEIVED FROM THE COUNTY TREASURER CERTIFICATION TO COUNTY AUDITOR Use One Certification Per Urban Renewal Area City: Dubuque County: Dubuque Urban Renewal Area Name: Dubuque Industrial Center/South Economic Development District Urban Renewal Area Number: 31018 (Use five-digit Area Number Assigned by the County Auditor) I hereby certify to the County Auditor that for the Urban Renewal Area within the City and County named above, the City has reduced previously certified indebtedness, by reason other than application of TIF increment tax revenue received from the County Treasurer, by the total amount as shown below. Provide sufficient detail so that the County Auditor will know how to specially administer your request. For example, you could have multiple indebtedness certifications in the Urban Renewal Area, and the County Auditor would need to know which particular indebtedness certifcation(s)to reduce. If rebate agreements are involved with a reduction, and the County has segregated the rebate property into separate TIF Increment taxing districts, provide the five-digit county increment taxing district numbers for reference. Individual TIF Indebtedness Type/Description/Details: Amount Reduced: Internal Loan- Dubuque Tech Park Ind Ctr on site improvements-Reconciled to County 3,347 1999 TIF Revenue Bonds-Advanced Data Comm-Reconciled to County 10,662 1999 TIF Revenue Bonds-Horizon Ducarte- Reconciled to County 3,518 Economic Development Agreement-Kunkel Bounds-Reconciled to County 11,412 Economic Development Agreement-L&J Properties(Entegee) - Reconciled to County 30,198 Total Reduction In Indebtedness For This Urban Renewal Area: 59,137 Dated this 1st day of December 2016 / 563-589-4110 Signature of Authorized Official Telephone CITY TIF FORM 1 -INDEBTEDNESS CERTIFICATION Cover Sheet CODE OF IOWA SECTION 403.19 TAX INCREMENT FINANCING (TIF) INDEBTEDNESS CERTIFICATION TO COUNTY AUDITOR Due To County Auditor By December 1 Prior To The Fiscal Year TIF Increment Revenue Is Requested Use One Certification Per Urban Renewal Area City: Dubuque County: Dubuque Urban Renewal Area Name: English Ridge Urban Renewal Area Urban Renewal Area Number: (Use five-digit Area Number Assigned by the County Auditor) I hereby certify to the County Auditor that for the Urban Renewal Area within the City and County named above the City has outstanding loans, advances, indebtedness, or bonds, none of which have been previously certified, in the collective amount shown below, all of which will qualify for payment from the special fund referred to in paragraph 2 of Section 403.19 of the Code of Iowa. Urban Renewal Area Indebtedness Not Previously Certified*: $ 421,267 *There must be attached a supporting itemized listing of the dates that individual loans, advances, indebtedness, or bonds were initially approved by the governing body. (Complete and attach 'CITY TIF FORM 1.1'.) The County Auditor shall provide the available TIF increment tax revenue in subsequent fiscal years without further certification until the above-stated amount of indebtedness is paid to the special TIF fund of City. However, for any fiscal year a City may elect to receive less than the available TIF increment tax revenue by certifying the requested amount to the County Auditor on or before the preceding December 1. (File 'CITY TIF FORM 2'with the County Auditor by the preceding December 1 for each of those fiscal years where all of the TIF increment tax revenue is not requested.) A City reducing certified TIF indebtedness by any reason other than application of TIF increment tax revenue received from the County Treasurer shall certify such reduced amounts to the County Auditor no later than December 1 of the year of occurrence. (File 'CITY TIF 'FORM 3'with the County Auditor when TIF indebtedness has been reduced by any reason other than application of TIF increment tax revenue received from the County Treasurer.) Notes/Additional Information: Dated this 1st day of December 2016 563-589-4110 Signature of Authorized Official Telephone CITY TIF FORM 1.1 -To be attached to CITY TIF FORM 1 -INDEBTEDNESS CERTIFICATION Page 1 TIF INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR City: Dubuque County: Dubuque Urban Renewal Area Name: English Ridge Urban Renewal Area Urban Renewal Area Number: 00000 (Use five-digit Area Number Assigned by the County Auditor) Individual TIF Indebtedness Type/Description/Details: Date Approved*: Total Amount: 1. Low and Moderate Income TIF Requirement 11/2/2014 82,267 F]Xthis box if a rebate agreement. List administrative details on lines above. 2. Developer Fiber Conduit and Vaults 11/2/2014 189,000 Loan to Developer FIX this box if a rebate agreement. List administrative details on lines above. 3. Neighborhood Park 11/2/2014 150,000 Commitment to Developer nW this box if a rebate agreement. List administrative details on lines above. 4. FI Xthis box if a rebate agreement. List administrative details on lines above. 5. F]Xthis box if a rebate agreement. List administrative details on lines above. If more indebtedness entry lines are needed continue to Form 1.1 Page 2. Total For City TIF Form 1.1 Page 1: 421,267 *"Date Approved" is the date that the local governing body initially approved the TIF indebtedness. CITY TIF FORM 1 -INDEBTEDNESS CERTIFICATION Cover Sheet CODE OF IOWA SECTION 403.19 TAX INCREMENT FINANCING (TIF) INDEBTEDNESS CERTIFICATION TO COUNTY AUDITOR Due To County Auditor By December 1 Prior To The Fiscal Year TIF Increment Revenue Is Requested Use One Certification Per Urban Renewal Area City: Dubuque County: Dubuque Urban Renewal Area Name: Lake Ridge Urban Renewal Area Number: 31046 (Use five-digit Area Number Assigned by the County Auditor) I hereby certify to the County Auditor that for the Urban Renewal Area within the City and County named above the City has outstanding loans, advances, indebtedness, or bonds, none of which have been previously certified, in the collective amount shown below, all of which will qualify for payment from the special fund referred to in paragraph 2 of Section 403.19 of the Code of Iowa. Urban Renewal Area Indebtedness Not Previously Certified*: $ 0 *There must be attached a supporting itemized listing of the dates that individual loans, advances, indebtedness, or bonds were initially approved by the governing body. (Complete and attach 'CITY TIF FORM 1.1'.) The County Auditor shall provide the available TIF increment tax revenue in subsequent fiscal years without further certification until the above-stated amount of indebtedness is paid to the special TIF fund of City. However, for any fiscal year a City may elect to receive less than the available TIF increment tax revenue by certifying the requested amount to the County Auditor on or before the preceding December 1. (File 'CITY TIF FORM 2'with the County Auditor by the preceding December 1 for each of those fiscal years where all of the TIF increment tax revenue is not requested.) A City reducing certified TIF indebtedness by any reason other than application of TIF increment tax revenue received from the County Treasurer shall certify such reduced amounts to the County Auditor no later than December 1 of the year of occurrence. (File 'CITY TIF 'FORM 3'with the County Auditor when TIF indebtedness has been reduced by any reason other than application of TIF increment tax revenue received from the County Treasurer.) Notes/Additional Information: Dated this 1 st day of December 2016 563-589-4110 Signatur6 of Authorized Official Telephone CITY TIF FORM 3 TIF INDEBTEDNESS HAS BEEN REDUCED BY REASON OTHER THAN APPLICATION OF TIF INCREMENT TAX REVENUE RECEIVED FROM THE COUNTY TREASURER CERTIFICATION TO COUNTY AUDITOR Use One Certification Per Urban Renewal Area City: Dubuque County: Dubuque Urban Renewal Area Name: Lake Ridge Urban Renewal Area Number: 31046 (Use five-digit Area Number Assigned by the County Auditor) I hereby certify to the County Auditor that for the Urban Renewal Area within the City and County named above, the City has reduced previously certified indebtedness, by reason other than application of TIF increment tax revenue received from the County Treasurer, by the total amount as shown below. Provide sufficient detail so that the County Auditor will know how to specially administer your request. For example, you could have multiple indebtedness certifications in the Urban Renewal Area, and the County Auditor would need to know which particular indebtedness certifcation(s)to reduce. If rebate agreements are involved with a reduction, and the County has segregated the rebate property into separate TIF Increment taxing districts, provide the five-digit county increment taxing district numbers for reference. Individual TIF Indebtedness Type/Description/Details: Amount Reduced: Economic Development Rebate:The Rose-Reconciled to County 5,373 Total Reduction In Indebtedness For This Urban Renewal Area: 5,373 Dated this 1st day of December 2016 563-589-4110 Signature of Authorized Official Telephone CITY TIF FORM 1 -INDEBTEDNESS CERTIFICATION Cover Sheet CODE OF IOWA SECTION 403.19 TAX INCREMENT FINANCING (TIF) INDEBTEDNESS CERTIFICATION TO COUNTY AUDITOR Due To County Auditor By December 1 Prior To The Fiscal Year TIF Increment Revenue Is Requested Use One Certification Per Urban Renewal Area City: Dubuque County: Dubuque Urban Renewal Area Name: North Cascade Road Housing Urban Renewal Area Urban Renewal Area Number: 31502 (Use five-digit Area Number Assigned by the County Auditor) I hereby certify to the County Auditor that for the Urban Renewal Area within the City and County named above the City has outstanding loans, advances, indebtedness, or bonds, none of which have been previously certified, in the collective amount shown below, all of which will qualify for payment from the special fund referred to in paragraph 2 of Section 403.19 of the Code of Iowa. Urban Renewal Area Indebtedness Not Previously Certified*: $ 150,000 *There must be attached a supporting itemized listing of the dates that individual loans, advances, indebtedness, or bonds were initially approved by the governing body. (Complete and attach 'CITY TIF FORM 1.1'.) The County Auditor shall provide the available TIF increment tax revenue in subsequent fiscal years without further certification until the above-stated amount of indebtedness is paid to the special TIF fund of City. However, for any fiscal year a City may elect to receive less than the available TIF increment tax revenue by certifying the requested amount to the County Auditor on or before the preceding December 1. (File 'CITY TIF FORM 2'with the County Auditor by the preceding December 1 for each of those fiscal years where all of the TIF increment tax revenue is not requested.) A City reducing certified TIF indebtedness by any reason other than application of TIF increment tax revenue received from the County Treasurer shall certify such reduced amounts to the County Auditor no later than December 1 of the year of occurrence. (File 'CITY TIF 'FORM 3'with the County Auditor when TIF indebtedness has been reduced by any reason other than application of TIF increment tax revenue received from the County Treasurer.) Notes/Additional Information: Dated this 1st day of December 2016 563-589-4110 Signature of Authorized Official Telephone CITY TIF FORM 1.1 -To be attached to CITY TIF FORM 1 -INDEBTEDNESS CERTIFICATION Page 1 TIF INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR City: Dubuque County: Dubuque Urban Renewal Area Name: North Cascade Road Housing Urban Renewal Area Urban Renewal Area Number: 31502 (Use five-digit Area Number Assigned by the County Auditor) Individual TIF Indebtedness Type/Description/Details: Date Approved*: Total Amount: 1. Economic Development Grant-Subdivision Improvements 12/1/2014 150,000 Park Improvements Q'X'this box if a rebate agreement. List administrative details on lines above. 2. F]'X'this box if a rebate agreement. List administrative details on lines above. 3. R'X'this box if a rebate agreement. List administrative details on lines above. 4. �'X'this box if a rebate agreement. List administrative details on lines above. 5. FIXthis box if a rebate agreement. List administrative details on lines above. If more indebtedness entry lines are needed continue to Form 1.1 Page 2. Total For City TIF Form 1.1 Page 1: 150,000 *"Date Approved" is the date that the local governing body initially approved the TIF indebtedness.