Loading...
HomeMy WebLinkAbout2005-10-04 Correspondence City of Iowa City MEMORANDUM Date: September 22, 2005 To: City Clerk and City Council From: John Yapp, Acting JCCOG Traffic Engineering Planner //~ Re: Item for October 4, 2005 City Council meeting: Install HANDICAP RESERVED PARKING sign in front of parking space L328S in the 300 block of S. Linn Street. Remove meter for parking space L330S and stripe space L330S as handicap loading area. As directed by Title 9, Chapter 1, Section 3B of the City Code, this is to advise the City Council of the following action. Unless directed otherwise by the City Council, this action will occur on or after October 10, 2005. Action: Pursuant to Section 9-1-3A(14), Install a sign to convert parking spaces L328S and L330S on the east side of the 300 block of S. Linn Street to a handicap-only permit parking space. Remove meter for parking space L330S and stripe space L330S as handicap loading area. Comment: The action to establish a handicap parking space and loading area in the 300 block of S. Linn St. is being taken at the request of a social worker who works with persons with disabilities, who is moving her office into the building at 332 S. Linn Street. There are currently no handicap parking spaces on the 300 S. Linn Street block. Date: September 22, 2005 To: City Clerk From: Anissa Williams, JCCOG Traffic Engineering Planner Re: Item for October 4, 2005 City Council meeting: Removal of two parking meters in the 200 block of N. Clinton Street. As directed by Title 9, Chapter 1, Section 3B of the City Code, this is to advise the City Council of the following action. Action: Pursuant to Section 9-1-3A (17), remove two parking meters; CL215N and CL217N in the 200 block of N. Clinton Street. Comment: This action is being taken at the request of the Parking Division. This is being done due to a new driveway being constructed on this block that eliminates these two parking spaces. Mgr/agditm/aw-clinton st-remove meters.doc Marian Karr From: John Neff [john-neff@uiowa.edu] Sent: Thursday, September 22, 2005 8:22 PM To: council Subject: New traffic lights at Cameron Way & Mormon Trek We would like to thank the City Council for the new traffic lights that were recently installed at Cameron Way & Mormon Trek. They have made it safer for everyone. Dartyne & John Neff 2305 MacBride Drive Iowa City, IA 52246 Marian Karr ~ From: Kathryn Johansen Sent: Friday, September 23, 2005 4:05 PM TO: 'bambinia77@aol.com' Cc: *City Council Subject: RE: Relocation Information Dear Megan, Thank you for your recent e-mail correspondence to the City Council. Council members do not receive their e-mails direct and your correspondence will be forwarded to them. please visit our City website at ~,icgov.org. As you will find our website is quite extensive and provides a variety of links to the many services and activities our community has to offer. Thanks again for writing, Megan. Best of luck with your move. Sincerely, Kathi Johansen Administrative Assistant to the City Manager From: bambinia77@aol.com [mailto:bambinia77@aol.com] ~ent: Thursday, September 22, 2005 8:36 AM To: council@iowa-city.org; <council"@iowa-city.org> Subject: Relocation Information Hello, My boy friend and I are considering moving to the Iowa City area and would like to receive any information you might have. Please send the info to: Megan Carpenter 1151 Post Lake Place Apt 311 Apopka, FL 32703 Thank you very much! Megan 9/23/2005 traffic light intersection of Myrtle Ave and Riverside drive I ~u~ I1 Marian Kart From: Pacha, Tina [tina-pacha@uiowa.edu] Sent: Thursday, September 15, 2005 12:43 PM To: council@iowa-city.org Subject: traffic light intersection of Myrtle Ave and Riverside drive · I am employee by the University of Iowa and park at the top of Myrtle Ave in a University designated parking lot. On a daily basis I experience what happens at this intersection and unfortunately witnessed a bike/car collision there a few weeks ago. Because there are numerous rental properties that are on or nearby Myrtle there are a number of Pedestrians that wish to cross there because of sidewalk availability on the east side of the road. The Pedestrian is competing with bikes and of course vehicles. I have also witnessed frantic people in cars attempting to cut through the Kum and Go to turn right because it is taking too long for the car in front of them to make it across the busy intersection to turn left. Myrtle a very busy inlet and outlet for traffic going to and from the University and for the Residents of this area. The only other outlet is on Benton Street which is on the other end of this street. I encourage anyone of you to sit at that intersection at 5pm Mon~Friday to experience the fright I do on a daily basis. I do not live in Johnson County, but Washington Co. so I feel I may not have a lot of pull. I feel that I must write this because I use this intersection on a daily basis and fear for a life lost. How about a Pedestrian walkway and a traffic light to help with the problem? Rarely do I feel passionate enough about something which would encourage another traffic light in this City but this one cannot be ignored! Thank you for your time and consideration. Myrtle Ave. and Riverside Drive intersection Page 1 of 1 Marian Karr From: Pacha, Tina [tina-pacha@uiowa.edu] Sent: Thursday, September 15, 2005 12:45 PM To: council@iowa-city.org Subject: Myrtle Ave. and Riverside Drive intersection I apologize but I just sent an e-mail regarding this intersection but neglected to tell you my name. Tina Pacha, concerned Nurse at the University of Iowa. Thanks! Page 1 of 1 Marian Kart From: John Yapp Sent: Tuesday, October 11,2005 2:04 PM Cc: *City Council Subject: FW: Myrtle Ave / Riverside Dr intersection From: John Yapp Sent: Monday, October 10, 2005 4:59 PM To: 'tina -pacha @ u iowa. ed u' Cc: Kathryn Johansen; Jeff Davidson Subject: Myrtle Ave / Riverside Dr intersection Hello Ms. Pacha, your e-mail to the Iowa City City Council was forwarded to me for a response. We studied this intersection in 2001, and the intersection did not meet criteria for a traffic signal due to the relatively Iow traffic volume on Myrtle Avenue. It is important we follow these criteria because installing an unwarranted traffic signal can create other traffic issues, such as an increase in rear-end collisions, and in delaying a majority of traffic to benefit a small minority. We checked the collision history at this intersection for the last two years. Collisions that are correctable by a traffic signal may also contribute to a traffic signal being warranted. We found only one collision at this location, in 2004, which the police report indicates was due to a driver being under-the-influence, and not yielding right-of-way. It may be the collision you witnessed was not reported to the police, or is not yet in our database if it is recent. We do anticipate improvements to this intersection at some point in the future. A cost estimate of $500,000 to $600,000 was developed to improve this intersection, including a traffic signal, a left turn bay for northbound traffic, widening the corner radii, and pedestrian crosswalks and signals. This project is currently on the 'unfunded projects' list of the City Council. The City Council begins budget discussions in January to determine what projects will be funded in the next few fiscal years. Thank you for your input, John Yapp, Assistant Transportation Planner 10/11/2005 Marian Karr From: West, Vicki [Vicki.West@churchdwight.com] Sent: Monday, September 19, 2005 9:16 AM To: 'cou ncil@iowa-city.org' Subject: ALCOHOL I AM THE MOTHER OF A UNIVERSITY OF IOWA STUDENT AND WISH TO EXPRESS MY DISGUST AT YOUR CITY! ALCOHOL IS SO READILY AVAILABLE TO MINORS IN IOWA CITY THAT IT IS PATHETIC!!!!!!!!!!! I HAVE WRITTEN TO YOU BEFORE AND YOU CONTINUE TO DO NOTHING! NOW, IT COMES OUT IN THE DES MOINES REGISTER AGAIN THAT YOU ARE LISTED AT # 8 FOR THE BIGGEST PARTY SCHOOL IN THE NATION! ARE YOU PROUD OF THAT? WHY ARE YOU SO AFRAID TO PASS A KEG ORDINANCE AND A 21 ONLY ORDINANCE? THEY BOTH SHOULD BE PASSED QUICKLY! I AM ASHAMED THAT MY SON'S UNIVERSITY IS CONSIDERED ONE OF THE BIGGEST PARTY SCHOOLS AND I WOULD THINK YOU WOULD BE, TOO. I HAVE READ WHERE EVEN SENIOR CITIZENS CAN'T WALK DOWNTOWN IN THE EVENING BECAUSE OF THE DRUNK STUDENTS! WHY ARE YOU SO AFRAID OF BARS HAVING TO CLOSE THEIR DOORS? I WOULD RATHER HAVE MORE UPSTANDING BUSINESSES AND IT WOULD BE MUCH BETTER FOR YOUR CITY TO HAVE ONLY A FEW 21 ONLY BARS! I RECEIVED AN E-MAIL FROM A BAR OWNER ONCE AND HE ASSURED ME OF ALL THEY DO TO DETER UNDERAGE DRINKING BUT IT DOES NOTHING! IT'S JUST SO THEY LOOK GOOD TO THOSE WHO DON'T REALLY KNOW HOW BAD IT IS. I HAVE BEEN TOLD BY STUDENTS THAT IT'S NO PROBLEM AT ALL FOR UNDERAGE KIDS TO DRINK IN THE BARS AND THE LONG LIST ON THE POLICE BLOTTER IN THE DAILY IOWAN PROVES IT A HUGE PROBLEM!!!! READ THAT LIST. IT'S ALSO NO PROBLEM TO BUY IT. FAKE ID'S ARE EVERYWHERE! THE STUDENTS AND BAR OWNERS THAT PROTEST THESE ORDINANCES ONLY WANT TO KEEP BUYING AND SELLING ALCOHOL TO MINORS. THE CITY RECEIVES A LOT OF $$$ IN FINES WHICH THEY WOULD SORELY MISS AND THE UNIVERSITY IS AFRAID THEIR ENROLLMENT WILL DROP. YOU NEED TO STEP UP AND DO THE RIGHT THING. A LOT OF PARENTS ENTRUST THEIR MINORS TO YOUR CITY AND YOU FAIL MISERABLY TO PROTECT THEM AND IT'S ALL ABOUT THE MONEY!!!!!!!!!! HOW MANY DEATHS ARE YOU GOING TO TOLERATE? ONE IS TOO MANY. I HOPE YOU WILL STEP UP AND PASS THESE 2 ORDINANCES TO BEGIN WITH. PLEASE QUIT LISTENING TO THE PEOPLE WHO MAKE A LOT OF MONEY FROM THESE KIDS AND DO THE RIGHT THING. DEEP DOWN YOU KNOW IT'S THE RIGHT THING TO DO. 9/19/2005 Page 2 of 2 Vicki West * As for house parties - a keg ordinance makes someone Oskaloosa IA accountable. The business who sold it and the person that bought it. That is a deterrent. The business would lose their license which makes you city better, too. · The information contained in this message may be confidential and/or subject to legal pr 9/19/2005 August 16, 2005 City Council of Iowa City 410 East Washington Iowa City, Iowa 52240 Dear Council Members; Attached you will find the September edition of the Lodge Living newsletter. This monthly publication is created by The Lodge management team especially for the residents of our community. I understand that you receive the newsletters from various neighborhood communities throughout town and given the fact that we consider ourselves, at The Lodge, a neighborhood, we thought we would share ours with you as well. We take pride in our efforts in establishing a sense of "community" for our residents. There are always activities and events going on at The Lodge and we thought we would take this opportunity to share them with you. Respectfully~ ~ ~'13~etta Miller Property Manager Cc: Marcia Klingaman The Finest in Student Living 100 Hawk Ridge Drive Iowa City ,Iowa 52246 319-358-3500 Welcome Party! We want to thank everyone who attended the move in party. We had a great turn out and we are sure everyone had fun playing bingo and winning prizes. If you missed out on this great event be sure to attend the upcoming blood drive on the 18th of October and the cooking class on October 20th. If you have any suggestions for upcoming events, please Congratulations to Tyler call Kyle at 358-3500. Russell who won $50 off of his next month's rent!!! Our Grand Opening On Thursday July 21 st. City community. we held our grand opening and ribbon We want to thank cutting ceremony, all of our residents who have been here The Iowa City from the beginning. Chamber of Commerce came out We are confident to help us celebrate, that your experience at The Lodge will be We are so excited to nothing but the be finished with finest. construction and be able to show The Lodge to the Iowa Upcoming Events The Cooking Club will be holding a The first football game of the season Tuesday October 18th we are will be on Saturday, September 3rd class in the great room on against Ball State. We Tuesday, September 20th from 7 hosting a blood drive in the pm to 9 pm. Learn underground. It encourage people to ~ meet in the great room how to make lasagna will be from to walk to the stadium and TAKE IT HOME 5pm-8pm. together. WITH YOU FOR FREE! VOLUME 2, ISSUE I Page 2 Do You Fix Your Own Car? What you need to know about Parking... Back at the turn of the 20th century, there were no auto mechanics and no service stations. As the first cars rolled off of the * All vehicles must be registered with management. line at Ford, GM, etc., those who bought the new technology needed to know how to fix it themselves when it broke. But in * Parking costs are $35/month for a car and time, the industry matured, everyone had a car, and few of us take $20/month for a motorcycle. care of them ourselves. It's not always cheap, but we take our cars * If you have a guest visiting for longer than 24 hours to specialists because cars are complex, require specific training and please obtain a visitor's parking pass from experience, and they need to get fixed right away when they break, management. Computing, in the grand scale, is still relatively new * Even if a space seems empty you technology. However, it no longer first-stage technology and rather may not park in the spot unless you than being a novelty item, it has become a business and household have reserved it. Management will be fixture. The Internet, even newer, is connecting everybody, monitoring the parking garages and But many people are still using computers and networks towing any unassigned vehicles. (and other related technologies) like people used cars almost a * If another car is parked in your spot century ago. Many maintain their computers by crisis, which costs a please call our office. See Community Policies for lot more than preventative care. Who can help you with knowing more details. what technology you need and how to operate it? Who will tell you * Call 358-3500 for more information or to reserve a when to change the oil, tune the engine, and service the transmission, so to speak, to keep your computer from breaking parking pass. down? If your bank branch burned to the ground, you wouldn't even worry about whether your financial records and money went up in smoke with it. You expect the bank to keep track of your Special thank you to bank balance without losing access to your money. Do you have that same confidence in your documents and files? Are you Cub Foods forprovidingfood on protected from unauthorized intrusion, loss due to equipment failure, or destruction from a natural disaster. If not, you are ~-~ ~ I~~I~I~Sa- gambling. Cramer IT Consulting is here to help. Give us a call if you suspect a problem or just want us to give your system a tune-up like installing software updates, checking for internet threats to your Check O~t Oar system, helping you with backing up your files, blocking pop-up ads, Free Student Checking!! or seeing if a few well-placed upgrades would speed your PC up and save you time. Making a buck isn't what's most important to us, No mLrzh-mlm balance ® No monthly service t-ce either. As UI students many of you do not realize that your activity Free Visa~Ch¢ckCard fees allow you to pickup Microsoft software for ultra-cheap FLrst box o~'checks £r¢¢ ® Free Onlha¢ Banl~g prices. Anyone still running on Windows98, ME, or 2000 can Free Online BLllPav upgrade to Windows XP and see great increases in your Internet ' performance. Whenever possible, we will help you find a better ~ ~~ deal on campus and still be here for you to help with installation if ~ ~J~lilk you need it. Let us know if you need help configuring your X-Box or Playstations online, too! F~ 1720~aterfront Drive· lo,vaCity' (319) 351-6110 /'~R A M E R 1910 8th Street ° Coralville · (319) 354-6960 Have a great year!., Th~ (~'r~m~r IT Cr~w VOLU.E 2, ,SSUE ~ Page 3 What do you like best about Iowa City? "The scenery." "All the beautiful "The people." -Jen "Being one of the -Renardo Wilson ladies." -Kenny Dyer top party schools in Knutson the country!" -Jon McClure We would like to thank Aaron Kay for helping to keep our landscape green this summer. Thanks Aaron! Just a reminder to all e~ residents. There are no ~k ~,~' alcoholic beverages or ~ smokingthesealloWedrules, in the common areas. Thank you for respecting Did You Know? o~e to Exclusive for ~dge residents: ~i.m O.e-~opping ~izz~ only $5  ~ll after hour lock-outs will co~t 358-8282 (Mondays and Tuesdays) Bretta Jenny Atencio Kyle Fisher Natalie Owens Miller Assistant Leasing Consultant Victoria Jepson Property Property Manager Leasing Consultant Leasing Consultant Manager Allen Warson Pat Dohling Heather Weidman Phil Cruse Ryan Vasquez Maintenance Housekeeping Housekeeping Groundskeeper Fitness Coordinator We think it is important for you to see the wonderful people who make up The Lodge Team. Each of us plays a different role but our goal is the same; to make your experience at The Lodge incredible. Make sure to say "hi" when you see us around. If you ever need anything stop by the office or call Bruce The Moose 3 19-358-3500. Lydia's Leaving! I want to let everyone REFER YOUR FRIENDI know that I will be leaving The Lodge fora AND GET FREE RENT." new position in Des Moines. My last day will be September 8. Please make sure to stop by the UL/e still need a few great residents lihe you! office to say "goodbye!" I will miss you all so much. My time at The Send your friends our way. If Lodge has been they lease you get $200 off wonderful. I have had a lot of fun with many of your next month's rent! you. I wish you all the best *Un#toltec/number of referrc~/~ ollou.~. Each Sincerely, referral can on~ be c/oirned bj~ one current resident. (/a/id on~ for ~epc~rc~e units. ~/o~ Lydia redeemable for cash. Marian Karr From: Jerri LoTempio [jerrilotempio@yahoo.com] Sent: Wednesday, September 21, 2005 9:57 PM To: council@iowa-city.org Subject: Open Burning I was surprised to learn that open burning is permitted within the city limits here in Iowa City. I am sitting in my newly purchased home with red, burning eyes while my neighbor's bonfire is smoking away, filling my house with the stench of their burning yard waste. Over the summer they have had bonfires that smolder for several days, long after they have gone to bed, even during these drought conditions. The issue here is that this kind of public nuisance is apparently okay with Iowa City. The police and the fire department are not able to assist me because the fires are in an approved container. My 15 month old grandson's eyes are red and watering even inside the house with the windows closed. I cannot understand why a city comprised of so many enlightened citizens has such lax regulations for such an environmental disgrace. Here is a link to the Department of Health and Family Services of the state of Wisconsin citing the hazards of even clean wood burning fires, http;//dhfs.wisconsin.gov/eh/HlthHaz/fs/WoodBrn,htm Even in the rural area of Georgia where we lived previously, NO open burning was permitted in residential areas by private citizens, much less this "recreational" burning in a heavily populated area. When I read the Iowa Administrative Code, it appears to me that it restricts recreational burning to areas located at least one-fourth mile from any building inhabited by other than the landowner or tenant conducting the open burning. http://www.iowadnr.com/air/citizen/burn/burn.html Can the city council address this situation with some new regulations that put an end to this kind of unnecessary pollution? Respectfully yours, Jerri LoTempio 3029 E Court Street Iowa City, IA 52245 354-1350 Yahoo! for Good Click here to donate to the Hurricane Katrina relief effort. 9/22/2005 ATTENTION: IOWA CITY CITY COUNCIL I Michael Kart own the property at 312 E. Market which is zoned CB-2. The city planning staff has recommended and the Planning & Zoning Commission has voted to eliminate CB-2 and down zone my property to CN-1. I want to protest this action. I object to the rezoning of my property from CB-2 to CN-1. Signed Michael Karr O Dated ,~ --~ F'- t l STATE OF ~"~¢~f-A , COUNTY OF '~O~vh ~OX'h ss: On this ~ -1 day of ~.~ ~ ~ , A.D. 20 O~, before me, the undersized, a Not~ Public in and for said state, personally appe~ed ~ (C~ ~ ~ c~ , to me ~own to be the person named in and who executed the foregoing hstmmem, ~d ac~owledged that he executed the same as his volunt~ act ~d deed. 0 ~ ~ [ Commissi~ Nu~ ~ _ ~q ~C&. '~0~ ~ , Not~ Public in and for s~d stme. Page 1 of: Marian Kart From: Beverly Fell [beverly@corcorancommunications.com] Sent: Monday, October 03, 2005 2:38 PM To: council@iowa-city.org Subject: Proposed Zoning Changes Gentlemen and Ladies: I am writing to strongly object to the proposed down-zoning of my property at 215 North Linn Street. We are currently zoned CB-2 and the new proposed zoning code would change our designation to CN-1. This change would adversely affect our property values and this seems particularly unfair because the new code would upgrade some neighboring properties. A business trip will prevent me from attending the October 5th public meeting, however I wanted to advise you of my opinion. Thank you for your attention to this injustice. Sincerely, Tom Corcoran President Gorcoran Communications, Inc. 215 North Linn Street Iowa City, IA 52245 319-351-3752 800-373-3752 tom@corcorancommunications.com 10/3/2005 517 Grant Street Io,va City, IA 52240 September 26, 2005 Dear Council Members: I am writing to appeal the decision of the Historic Preservation Commission to den)' me a Certificate of Appropriateness that would allo~v me to enclose the gutters on my house and to ask for a vm'iance on the basis of undue hardship. As part ora reshingling job to repair hail damage to my roof, I decided to enclose the built-in gutters on my home. After consulting a number of roofing contractors over the past fifteen ),ears about a recun'ing leak on the south side of my house, I xvas convinced that the most effective long-term solution to the problem would be to enclose the gutters. To maintain symmet~3,, I decided to enclose both the south and the north gutters. When the roofers began the work, Tim Weitzel, chair of the Historic Preservation Commission and next-door neighbor, came over and infmxned them that the)- could not proceed with the xvork to enclose the gutters. (The)' happened to have started the job on the north side of the roof.) After speaking xvith Mr. Weitzel, and meeting xvith the building inspector, I petitioned the Historic Preservation Commission for permission to enclose the gutters. At the Historic Preservation Commission meeting, Mr. Weitzel recused himself and did not vote, but he remained for the discussion and took an active role in it. During the discussion, Shelley McCaffenS,, ~vho happened to be in attendance, handed me a card suggesting I contact Emerson Adi'ishok. Several commission members indicated this would be a good idea. The Commission's stated reason for denying my request was the fact that historic preservation guidelines specifically disallow enclosing built-in gutters when such enclosures alter the pitch of the roof near the gutters. Instead, the), recommend blocking them horizontally. When I consulted Emerson Andrishot, he advised me that because of the steep pitch of my roof above the gutter, horizontal blocking would cause problems in the winter because of the xveight of the snow/ice that would collect on the horizontal surface. The other solution recommended by the historical preservation guidelines, relining the gutters, xvould provide only a short-term solution because of the age of the gutters and the number of repairs done over the ),ears. The angle of the trough ~vithin the gutters has been decreased by repeated recoatings over the years, and the only long-term solution that would allow proper ch'ainage xvith the built-in gutters xvould be to rebuild them. I did not inquire about the cost of relining the gutters because I have been repairing the gutters (eve~3~ couple of years) for the past twenty ycars and am now looking for a long-term solution, not another short-te~xn solution. I discussed the cost of rebuilding the gutters ~vith Emerson Andi'ishok, and he informed me that assuming no unexpected hidden damage, which he would not be able to see until he began to tear doxvn the gutters, rebuilding the gutters would cost about $3,000. I am no~v faced ~vith tsvo long-term solutions to the problem--rebuilding the gutters for at least $3,000, or enclosing them at an angle, causing the roof to flare slightly at the bottom for $600. I believe, and hope you will agree, that being forced to spend at least five times the amount necessm¥ to maintain my home leak fi'ee and prevent further damage, represents an undue hardship. This burden seems especially unreasonable in view of the fact that the solution I am seeking to apply is the one that has been used historically in the neighborhood. Although I had not noticed how prevalent flared roofs were in the neighborhood before this started, in the past couple of weeks I have been looking at rooflines as I drive around the Summit Street and Longfellow historic districts and have found that most of the houses that originally had built-in gutters now have the "tell-tale" flared roof lines. I have not done a complete survey, but in the course of my nol~nal ch-iving in and out of the neighborhood (on Summit between Burlington and Sheridan, Court between Summit and Grant, and Grant between Court and Center), I found the following houses with gutters enclosed in the way I propose to enclose mine: 435, 507/509'? (no visible number on house; located between 503 and 5133, 523 (Tim Weitzel's house, south side only) Grant Street; 1110, 1111, 1112, 1117, 1118, 1120, 1133, 1154 Court Street; 330, 430, 508, 705, 709, 710, 715 Summit Street. In addition to photos of my house (work interrupted af[er notification of problem), I am enclosing photos of 435, and 507/509'? Grant Street, and 705 Summit Street. I selected these three as examples because they represent three different styles of homes in the neighborhood. Even if all of these changes to original roof pitches were done before the area received the historic district designation, the fact is that this was clearly the neighborhood way of dealing with a common problem associated with built-in gutters. On these same streets, I saw only a couple of homes that still had open built-in gutters and none that appem'ed to have had built-in gutters enclosed with horizontal blocking. In view of this neighborhood history, I believe the Historic Preservation Commission's decision represents not only the imposition of an undue hardship on me, but also an arbitrary and unreasonable action that does not take into account the specific history of the neighborhood. Sincerely, o ~ /~ ~ cc. September 25, 2005 20~5 SEP 2 8 ~'I lO: t, 5 CiTYL..t'" ~,~' - City Hall Iowa City, Iowa 52240 CC: Mark Moen, Landlord Dear Mayor and City Counsel Members: My name is Sylvia Venuto, owner of Venuto's World Bistro on the Iowa City Pedestrian Mall. As a new business owner recently opening in Iowa City, I was shocked by several issues I experienced within my first few months of business: · Establishing our Outdoor Caf6 - the process was extremely difficult, with numerous barriers posed by the city (rather than assistance). · Giovanni's New Outdoor Caf6 - it's size is slowing traffic to my business and other businesses on the south side of East College Street (Soap Opera, Alberhaskay Eye Clinic and Room Service). I am not against outdoor cafes - to the contrary - I am in full support of outdoor caf6s. However, I do feel that opening a path along the previous sidewalk to allow for traffic would be fair to the businesses on either side of Giovanni's. My fear is that if the existing businesses suffer a loss of business, and go out of business, that they will be replaced by yet another bar, catering to the binge-drinking college crowd, further keeping normal people away from the ped mall. · Signage - getting permits for my signs was extremely confusing and very difficult. The guidelines and the packet of information supplied by the city is very out dated. At the outset of obtaining these permits, I expected to be assisted by the city in legally obtaining proper licensing. Instead, I was reprimanded again and again by a city employee with a title of"Code Enforcer." I quickly received 2 fines, 1 voided and the other leaving a balance of $400. This was due to the fact that I failed to appear in court because my husband had a stroke the night before my court appearance. · Vandalism - I've experienced almost daily vandalism to the flower boxes in front of our building. I, and several of my employees, have experienced vandalism to our vehicles (totaling thousands of dollars) in our rear parking spaces, in addition to public intoxication and urination in our private drive way. This is due to drank college students, plain and simple. · Public Intoxication - during weekends, especially during football weekends, we and our customers witness a constant flow of publicly intoxicated students - passed out, stumbling, often verbally insulting, sometimes even violent. We've had customers actually end their meals prematurely and leave after being scared by drunken students stumbling along the ped mall outside our restaurant. As a business owner serving alcoholic beverages, I appreciate the TIPS Program offered by the City and State and have made it a requirement for all servers at my establishment. · The police are helpful and available if we call them, however, while the police presence seems adequate during football nights, it seems like it could be more visible during other times. These issues are experienced by all businesses in the Iowa City ped mall, and should be addressed if businesses like ours are expected to succeed. First of all, the city should welcome new businesses like ours, and assist us in establishing ourselves - not play an adversarial role and pose barriers. Secondly, Iowa City needs to admit they have an obvious problem of drank and disorderly students taking over the ped mall each weekend, and deal with this problem, not ignore it. I believe the city is at a critical crossroads. A decision needs to be made whether Iowa City wants to A) draw more mature adults, professionals, young families and children back to the ped mall, or B) surrender to the hordes of drunken bar-crawling students, and revel in the dubious title as one of America's top 5 college party towns. I love Iowa City. It has many wonderful qualities that need to be built upon. But I also see the potential of serious problems if these issues aren't first admitted, and then dealt with. I hope city hall takes the correct path - not only for my future and the furore of my restaurant, but for the future of Iowa City. Sin~ Sylvia Venuto Venuto's World Bistro 115 E. College Street Iowa City, IA 28 September 2005 Iowa City City Council c/oMarion Kart 410 E. Washington St. Iowa City, IA 52240 Re: Outdoor cafe and railing Dear City Council: I am writing to you in regard to the recently erected structure located in front of Givanni's restaurant at 109 E. College St, Iowa City, lA. As you may know they recently put up an outdoor seating area and attached railing which blocks the south sidewalk in the pedestrian mall, thereby redirecting all passers through the area to the north side of the area. As a business owner who is located on the south side of the pedestrian mall (103 E. College St.) I have witnessed and been negatively impacted financially by this barrier. I have spoken to neighboring business owners who have also been adversely affected. I chose to locate my business in the place that I have and pay the high rent that I do in order to have access to, and be able to draw from, thc pedestrian traffic along that section of College Street. Your allowing the barrier to traffic to exist creates what I see as physical and financial deterrent for which I am holding you accountable. I look forward to your response and remedy. G. Rodney Alberhakkyj OD Alberhasky Eye Clinic, PC Cc: Steve Atkins, Planning and Community Development 2346 Mormon Trek Boulevard, Suite 1400 · Iowa City IA 52246 · phone (319) 337-2220 Marian Karr From: Lauren C. Oliver-Hauser [lauren-oliver-hauser@uiowa.edu] Sent: Wednesday, September 28, 2005 1:43 PM To: cou ncil@iowa-city.org Subject: media question My name is Lauren Oliver-Hauser. I am a resident of Iowa City, as well as the layout coordinator of NURU. NURU, which is Swahili for 'ray of light', is a semi-annual publication produced by the University of Iowa's chapter of the National Association of Black Journalists. At a glance, it seems that there has been a continued increase of African Americans in Iowa City. Most apparent because of our neighboring state, Illinois and their recent housing issues. Our question is: being that Iowa City isn't the most diverse, what is the city of Iowa City doing to accomodate or welcome the wave of African Americans? Thank you in advance for your cooperation in this matter. I'd also look forward to meeting with any one of you'for a possible, more indepth, interview. Lauren C. Oliver-Hauser lauren-oliver-hauser@uiowa.edu Page 1 of 1 Marian Karr From: Maggs78@aol.com Sent: Monday, October 03, 2005 3:5{3 PM To: cou ncil@iowa-city.org Subject: Old Bus Depot To whom it may concern: We are an Iowa City based artists group known as The Moving Crew, and we would like to propose a project that would utilize the Old Bus Depot until such time as the site is sold, razed, or otherwise officially dealt with. We would like to transform the depot into an interactive exhibition space and workshop, that would provide a forum for Iowa City residents and visitors to experience collaborative art making using multiple media. We wish to curate shows, facilitate openings and closings that coincide with the downtown gallery walk, and provide regular hours for the public to both create works of art and view the artworks of others. The Moving Crew explores the theme of transformation through transportation, and believes in both the celebration of the local community and the importance of fostering global connections. Our members include University of Iowa students and alumni, as well as local non-student artists, whose areas of interest and arts education include but are not limited to printmaking, painting, video, theater, writing, and music. We are civil servants, students, former elementary school teachers, and crisis line volunteers. We are lifelong Iowa City residents and immigrants trying to establish ourselves thousands of miles from home. We are excited by the possibilities presented by the Old Bus Depot: to provide a service to the city in which we live and work, and to participate in the continued cultural animation of the downtown area. We are currently working to secure matching funds through grants. We ask only for the use of the space. Ifyt~u would like more information, please contact David Bendernagel at (319) 337-2292 or DBendernag@aol.com. Thank you for your time and consideration, The Moving Crew David Bendernagel Maggie Booth Jeremy Chen Lydia Diemer Josh Doster Nadija Mustapic Neva Sills 10/3/2005 ' MidAmerican Energy Mi erican E N E R GY ~0 Box 657 :~ OBSESSIVELY, RELENTLESSLYAT~OO~S~V~E, 06S ~O~eS, )OW~ 515 281-2326 Teiepho;~e 515 242~4261 Fax September 29, 2005 Todd M Raba Presidem Robert J. Latham, Ph.D. Latham & Associates, Inc. 150 First Avenue N. E., Suite 300 Cedar Rapids, Iowa 52401-II 10 Dear Dr. katham: Your firm completed an initial electric municipalization feasibility study t~br several cities in 2003, including Iowa City. As you may know, the Citizens for Public Power group is relying on the estimates in your 2003 Iowa City study as justification fbr the city starting a municipal electric utility. To our knowledge, your firm has not been hired by Iowa City, or any other party, to update your 2003 results to reflect current wholesale energy pricing. As you are likely aware, there has been a dramatic increase in the cost of wholesale energy between the time you conducted your study and today. Because wholesale energy costs have such a significant impact on the results of your study, MidAmerican Energy felt it important to communicate to voters in Iowa City the impact those cost increases would have on the study results. We used the same analytical method you used in your 2003 Iowa City study and ihen updated the assumption for delivered energy costs through 2007. After 2007, we used your assumption of delivered energy costs increasing by two percent armually. No other changes were made to any of the assumptions you used to develop the 2003 study. In developing the costs of delivered energy through 2007, we purposely used the most cost- effective alternative fbr delivering energy to Iowa City. To ensure we have a very' conservative estimate of what the costs would be, we then discounted these estimates by 15 percent. Making only this assumption change and updating your model shows Iowa City would not achieve any savings from forming a municipal electric utility. In fact, the increase in wholesale electric costs since 2003, on its own, shows the city would lose $ 188 million in net present value during your 25-year study horizon from forming a start-up municipal electric utility. The city would need to raise customers' rates to break even. MidAmerican takes exception to many of the other assumptions you used in your 2003 Iowa City (and other) feasibility study. However, in order to show only the impact of updated en~i'gy cost assumptions, we did not incorporate any of these concerns into the update. Sincerely, MUNI STUDY - LATHAM MODEL REVISED REVENUE COMPARISON NET PRESENT VALUE Replacement Cost Depreciated Scenario: 4 IOWA CITY. RCLD (B&V) Year 1: 2004 Schedule of Pro Forma Revenue Requirement and Estimated City Savings ITEM Yr Yr. Yr. Yr. Yr. Yr. Yr. Yr, 1 1 2 3 4 5 6 7 8 2 Operating Expenses: 3 Interest on Buyout $- Sch 3 $ 798,185 $ 765,606 $ 733,027 $ 700,448 $ 667,869 $ 635,290 $ 602,711 $ 570,132 4 Interest on Investment $- Sch 3 $ 73,550 $ 129,534 $ 149,482 $ 169,031 $ 188,180 $ 206,931 $ 225,284 $ 243,239 5 Purchased Power- Sch 4 $ 32,794,341 $ 39,014,834 $ 48,350,088 $ 45,310,393 $ 47,602,853 $ 50,010,889 $ 52,540,875 $ 55,199,479 6 Distribution O&M (Gr + 1%/Yr.) - Sch 5 $ 6,506,680 $ 6,766,947 $ 7,037,625 $ 7,319,130 $ 7,611,895 $ 7,916,371 $ 8,233,026 $ 8,562,347 7 Cust Acct, Admin & Gert (Gr + 1%/Yr)- Sch 5 $ 2,772,200 $ 2,883,088 $ 2,998,412 $ 3,118,348 $ 3,243,082 $ 3,372,805 $ 3,507,717 $ 3,648,026 8 Amortization on Buyout-2%/Yr- Sch, 3 $ 325,790 $ 325,790 $ 325,790 $ 325,790 $ 325,790 $ 325,790 $ 325,790 $ 325,790 9 Invest/Depr-3%/Yr*lnvest- Sch.3 $ 15,589 $ 25,284 $ 34,978 $ 44,672 $ 54,367 $ 64,061 $ 73,756 $ 83,450 10 Replacement Delivew Property Taxes (3.02%) $ 1,988,177 $ 2,048,220 $ 2,110,076 $ 2,173,800 $ 2,239,449 $ 2,307,080 $ 2,376,754 $ 2,448,532 11 Regulatory Costs $ 100,000 12 Operations Start-Up Costs $ 40,000 13 Power Supply Start-Up Costs incl. Metering $ 2,238,671 14 Total Operating Expenses $ 47,653,183 $ 51,959,303 $ 61,739,478 $ 59,161,612 $ 61,933,485 $ 64,839,217 $ 67,885,913 $ 71,080,995 15 16 MEC Est. Rev- %Q & 2% Pr. Incr. in 2Yr- Sch 10 $ 44,657,101 $ 45,996,814 $ 47,880,609 $ 49,847,212 $ 51,900,734 $ 54,045,532 $ 56,780,236 $ 59,653,316 17 City Estimated Savings$/Yr $ (2,996,082) $ (5,962,489) $ (13,858,869) $ (9,314,400) $ (10,032,751) $ (10,793,685) $ (11,105,677) $ (11,427,679) 18 City Estimated Savings %/Yr -6.7% -13~0% -28.9% -18,7% -19.3% -20.0% -19.6% -192% 19 Net Present Value %, 25 Yr Est Savings $ (188,249,833) 20 21 Interest %/Yr-Buyout-Taxable 7.5% 22 Interest %/Yr-lnvestment-Tax Preference 4.5% 23 Years Buyout Financed 25 24 NPV Discount Rate % 450% Schedule 1/2 Page 1 of 3 10/3/2005 9:26 AM MUNI STUDY - LATHAM MODEL REVISED REVENUE COMPARISON NET PRESENT VALUE Replacement Cost Depreciated Scenario: 4 IOWA CITY - RCLD (B&V) Schedule of Pro Forma Revenue Requirement and ~ ITEM Yr. Yr. Yr Yr. Yr. Yr. Yr. Yr Yr 1 9 10 11 12 13 14 15 16 17 2 Operating Expenses: 3 Interest on Buyout $- Sch. 3 $ 537.553 $ 504,974 $ 472,395 $ 439,816 $ 407,237 $ 374,658 $ 342,079 $ 309,500 $ 276,921 4 interest on Investment $- Sch, 3 $ 260,798 $ 277,955 $ 294,724 $ 311,105 $ 327,087 $ 342,676 $ 357,874 $ 372,680 $ 387,098 5 Purchased Power- Sch 4 $ 57,991,861 $ 60,926,230 $ 64,008,322 $ 67,247,122 $ 70,650,059 $ 74,224,886 $ 77,980,822 $ 81,926,422 $ 86,071,804 6 DistributionO&M(Gr+ 1%/Yr.)-Sch5 $ 8,904,841 $ 9,261,035 $ 9,631,476 $ 10,016,735 $ 10,417,404 $ 10.834,100 $ 11,267,464 $ 11,718,163 $ 12,186,890 7 Cust Acct, Admin & Oen (Gr + 1%/Yr) - Sch 5 $ 3,793,947 $ 3.945,705 $ 4,103,533 $ 4,267,674 $ 4,438,381 $ 4,615,916 $ 4,800,553 $ 4,992,575 $ 5,192,278 8 Amortization on Buyout-2%/Yr- Sch 3 $ 325,790 $ 325.790 $ 325,790 $ 325,790 $ 3251790 $ 325.790 $ 325,790 $ 325,790 $ 325,790 9 Invest./Depr-3%/Yr*lnvest-Sch3 $ 93,144 $ 102,830 $ 112,533 $ 122,228 $ 131,922 $ 141,616 $ 151,311 $ 161,005 $ 170.699 10 Replacement Delivery Property Taxes (3 02%) $ 2,522,478 $ 2,598,657 $ 2,677,136 $ 2,757.986 $ 2,841,277 $ 2,927,084 $ 3,015,482 $ 3,106,550 $ 3,200,368 11 Regulatory Costs 12 Operations Start-Up Costs 13 Power Supply Start-Up Costs incl. Metering 14 Total Operating Expenses $ 74,430,412 $ 77,943,176 $ 81,625,909 $ 85,488,456 $ 89,539,157 $ 93,786,726 $ 98,241,375 $ 102,912,685 $ 107,811,848 15 16 MEC Est Rev- %Q & 2% Pr. Incr. in 2Yr- Sch 10 $ 62,671,774 $ 65,842,965 $ 69,174,619 $ 72,674,855 $ 76,352.203 $ 80,215,624 $ 84,274,535 $ 88,538.826 $ 93,018,891 17 City EstimatedSavings$/Yr $ (11,758,638) $ (12,100,211) $ (12,451,290) $ (12,813.601) $ (13,186.954) $ (13,571,102) $ (13,966,840) $ (14.373,859) $ (14,792,957) 18 City Estimated Savings %/Yr -18.8% -18.4% -18.0% -176% -17.3% -16.9% -16.6% -16.2% -15.9% 19 Net Present Value %, 25 Yr Est. Savings 20 21 Interest %/Yr-Buyout-Taxable 22 Interest %/Yr-lnvestment-Tax Preference 23 Years Buyout Financed 24 NPV Discount Rate % Schedule 1/2 Page 2 of 3 10/3/2005 9:26 AM MUNI STUDY - LATHAM MODEL REVISED REVENUE COMPARISON NET PRESENT VALUE Replacement Cost Depreciated Scenario: 4 IOWA CITY - RCLD (B&V) Schedule of Pro Forma Revenue Requirement and ~ ITEM Yr. Yr. Yr Yr. Yr. Yr. Yr. Yr 1 18 19 20 21 22 23 24 25 2 Operating Expenses: 3 Interest on Buyout $ - Sch 3 $ 244,342 $ 211,763 $ 179,184 $ 146,605 $ 114,026 $ 81,447 $ 48,868 $ 16,289 4 Interest on Investment $- Sch 3 $ 401,127 $ 414,768 $ 428,023 $ 440,892 $ 453,376 $ 465,477 $ 477,194 $ 488,531 5 Purchased Power- Sch 4 $ 90,426,401 $ 95,001,322 $ 99,808,260 $ 104,858,184 $ 110,163,925 $ 115,737,568 $ 121,593,188 $ 127,745,593 6 Distribution O&M (Gr + 1%/Yr.) - Sch 5 $ 12,674,366 $ 13,181,341 $ 13,708,595 $ 14,256,939 $ 14,827,217 $ 15,420,306 $ 16,037,118 $ 16,678,603 7 Cust Acct, Admin &Gen (Gr + 1%/Yr) - Sch 5 $ 5,399,969 $ 5,615,968 $ 5,840,607 $ 6,074,231 $ 6,317,200 $ 6,569,888 $ 6,832,684 $ 7,105,991 8 Amortization on Buyout-2%/Yr- Sch. 3 $ 325,790 $ 325,790 $ 325,790 $ 325,790 $ 325,790 $ 325,790 $ 325,790 $ 325,790 9 Invest./Depr.-3%/Yr*lnvest - Sch3 $ 180,394 $ 190,088 $ 199,782 $ 209,477 $ 219,171 $ 228,866 $ 238,560 $ 248,254 10 Replacement Delivery Property Taxes (302%) $ 3,297,019 $ 3,396,589 $ 3,499,166 $ 3,604,841 $ 3,713,707 $ 3,825,861 $ 3,941,402 $ 4,060,432 11 Regulatory Costs 12 Operations Start-Up Costs 13 Power Supply Start-Up Costs incl Metering 14 Total Operating Expenses $ 112,949,408 $ 118,337,629 $ 123,989,407 $ 129,916,959 $ 136,134,412 $ 142,655,203 $ 149,494,804 $ 156,669,483 15 16 MEC Est Rev- %Q & 2% Pr. Incr in 2Yr- Sch 10 $ 97,725,647 $ 102,670,565 $ 107,865,695 $ 113,323,699 $ 119,057,879 $ 125,082,207 $ 131,411,367 $ 138,060,782 17 City EstimatedSavings$/Yr $ (15,223,761) $ (15,667,064) $ (16,123,712) $ (16,593,260) $ (17,076,533) $ (17,572,996) $ (18,083,437) $ (18,608,701) 18 Cit,/Estimated Savings %/Yr -15.6% -15.3% -14.9% -14.6% -14.3% -14.0% -13.8% -13 5% 19 Net Present Value %, 25 Yr Est. Savings 20 21 Interest %/Yr-Buyout-Taxable 22 Interest %/Yrqnvestment-Tax Preference 23 Years Buyout Financed 24 NPV Discount Rate % Schedule 1/2 Page 3 of 3 10/3/2005 9:26 AM Presented by: Latham & Associates, Inc. Final Report SCENARIO II Preliminary Municipalization Feasibility Study for the City of Iowa City, Iowa Presented to the City and the Iowa Association of Municipal Utilities September 29, 2003 Latham & Associates, Inc. 150 First Avenue NE - Suite 300 Cedar Rapids, Iowa 52401 Tel: 319-365-6488 Fax: 319-365-7086 E-Mail: Ervinlr@Worldnet. Att.Net Lathamrj~Aol. Com Replacement Cost Depreciated ,. Revenue Comparison : Net Present Value City: Iowa CRy Pop. Grp, 4 Utility: MEC-East Year 1: 2004 Schedule of Pro Forma Revenue Requirement and Estimated City Savings ITEM Yr. Yr. Yr. Yr, Yr. Yr. Yr. Yr. 1 1 2 3 4 5 6 7 8 2 Operating Expenses: 3 Inte~st oa Buyout $ - Sch. 3 $ 798,185 $ 765,606 $ 733,027 $ 700,448 $ 067,869 $ 635,290 $ 602,711 $ 570,132 4 Interest on Investment $ - Sch. 3 $ 73,550 $ 129,533 $ 149,482 $ 169,031 $ 188,180 $ 206,931 $ 2_25~34 $ 243,239 5 Purchssed Power- $ch. 4 $ 29,580,129 $ 31,076,658 $ 32,648,905 $ 34,300,705 $ 36,036,080 $ 37,859,2J;'0 $ 39,774,689 $ 41,787,033 6 Distn%utiooO&.M(Gr+l%/Y[.)-Sch. 5 $ 6,506,680 $ 6,766,947 $ 7,037,625 $ 7,319,130 $ 7,611,895 $ 7,916,371 $ 8~.33,026 $ 8,562,347 7 Cust. Acct, Adm'm&Gen.(Gr+l%/Y[.)-Sch. 5 $ 2,772,200 $ 2,883,088 $ 2,998,412 $ 3,118,348 $ 3,243,082 $ 3,372,805 $ 3,507,717 $ 3,648,026 iii Amortization on Buyout-3%/Yr.- Sch. 3 $ 325,790 $ 325,790 $ 325,790 $ 325,790 $ 325,790 $ 325,790 $ 325,790 $ 325,790 9 Invest./Depr.-3%/Yr*Invest.-$ch. 3 $ 15,589 $ 25,284 $ 34,978 $ 44,672 $ 54;t67 $ 64,061 $ 73,756 $ 83,450 10 ReplscementDellve~PmpertyT~ces $ 1,988,177 $ 2,048,220 $ 2,110,076 $ 2,173,801 $ 2,239,449 $ 2,307,081 $ 2,376,755 $ 2,448,533 11 Regulstory Costs $ 100,000 12 Operations Staxt-up Costs $ 40,000 13 Power Supply Start-Up Costs incL Meter $ 9~2381671 14 Total OperatingExpenses $ 44~438~971 $ 44t021~126 $ 46t038~9S $ 48~1S1#24 $ S0r5661712 $ _g21687~g$9 $ $Stl19t727 $, S7t668~S$0 15 16 MEC Est. Rev.-%Q &: 2%1%. Incr. in 2Yr-Sch.10 $ 44,657,101 $ 45,996,814 $ 47,880,609 $ 49,$47~2L1 $ $1,900,734 $ $4,045,$32 $ $6,780~236 $ 59,693,316 17 City Estimated Savings $/Yr $ 218,130 $ 1,975,689 $ 1,842~314 $ 1,695~.88 $ 1,534~022 $ 1r357,943 $ 1,660~S09 $ 1~984,766 18 City Estimated Savings %/Yr 0,$% 4.3% 3.8% 3.4% 3.0% 2.S% 2.9% 3.3% 19 Net Present Value %, 25 Yrs Est. Savings $ 61,563,847 21 Intet~st °A/Y~--Buyout-Taxable 7.5% 22 Interest %/Yr--lavcstment--T~x Preference 4.5% 23 Yeats Buyout Financed 25 24 NPV Discount Rate % 4.5% Schedule -1 Page 1 of 3 09/29/2003 10:24 AM Replacement Cost Depreciated Revenue Comparison Cl~: Iowa City Pop, Grp. 4 Utility: MEC-East Year 1: 2004 Schedule of Pro Forma Revenue Requirement and Estimated City Savings ITEM Yr. Yr. Yr. Yr. Yr. Yr. Yr. Yr. 2 Operating Expenses: 3 Interest on Buyout $ - Sch. 3 $ 537,553 $ 504,974 $ 472,395 $ 439,816 $ 407,257 $ 374,658 $ 342,079 $ 309,500 4 Interest on Investment $ - Sch. 3 $ 2.60,798 $ 277,961 $ 294,730 $ 311,105 $ 327,086 $ 342,675 $ 357,873 $ 372,680 5 Purchased Power-Sch. 4 $ 43,901,197 $ 46,122,332 $ 48,455,852 $ 50,907,442 $ 53,483,077 $ 56,189,033 $ 59,031,905 $ 62,018,621 6 Dism%utionO&M(Gr+l%/Yr.)-Sch. 5 $ 8,904,1M1 $ 9,~1,035 $ 9,631,476 $ 10,016,735 $ 10,417,404 $ 10,834,100 $ 11,267,465 $ 11,718,163 7 Cust Acct, Admin &Gen. (Gr+I%/Yt.) - Sch. 5 $ 3,793,947 $ 3,945,705 $ 4,103,533 $ 4,267,675 $ 4,438,382 $ 4,615,917 $ 4,800,553 $ 4,992,576 8 AmortlzafionouBuyout-3%/Yt.-Sch. 3 $ 325,790 $ 325,790 $ 325,790 $ 325,790 $ 325,790 $ 325,790 $ 325,790 $ 325,790 9 Invest./Depr.-3%/Yr*Iavest.-Sch. 3 $ 93,144 $ 102,839 $ 112,533 $ 122,227 $ 131,922 $ 141,616 $ 151,311 $ 161,005 10 Replacement Delivety Property Taxes $ 2,522,478 $ 2,598,657 $ 2,677,137 $ 2,757,986 $ 2,841,277 $ 2,927,0M $ 3,015,482 $ 3,106,549 11 Regulatory Costs 12 Opemtlons Start-up Costs 13 Power Supply Start-Up Costs incl. Meter 14 Total OperatingExpenses $ 60r339t748 $ 63,139~293 $ 66t073r445 $ 69tt4S~775 $ 72.t372~17!i $ 7~750~874 $ 79t292t4.$8 $ 83i004t88~. 15 16 MIgCEst. Rev.-%Q &Z%Pr. Incr. inZYr~Sch.10 $ 62,671,774 $ 65,842,965 $ 69,174~619 $ 7Z~674,SS$ $ 76~32,203 $ 80~.t6,624 $ 84~274,$3.$ $ 88,$38,826 17 City Estimated Savings $/Yr $ 2,332,025 $ 2,703,673 $ 3,101,174 $ 3r~26,080 $ 3,980,025 $ 4,464,751 $ 4,982,077 $ 5,533,942 18 City Estimated Savings %/Yr 3.7% 4.1% 4.5% 4.9% 5.2°/0 5.6% 5.9% 6.3% 19 Net Preaent Value %, 23 Yrs Est. Savings 21 Interest %/Yr--Buyout-Taxable 7.5% 22 Interest °/o/Yt--Invesmaent--T~x Preference 4.5°/0 23 Years Buyout Fin~ced 25 24 NPV Discount lL~te % 4.5% Schedule -1 Page 2 of 3 09~29~2003 10:24 AM Replacement Cost Depreciated Revenue Comparison City: Iowa City Pop, Grp. 4 Utility: MEC-East Year 1: 2004 Schedule of Pro Forma Revenue Requirement and Estimated City Savings ITEM Yr. Yr. Yr. Yr. Yr. Yr. Yr. Yr. Yr. I 17 18 19 20 21 22 23 24 25 2 Operating Expenses: 3 Interest on Buyout $- Sch. 3 $ 276,921 $ 244,342 $ 211,763 $ 179,164 $ 146,605 $ 114,026 $ 81,447 $ 48,868 $ 16,289 4 Interest on Investment $ - Sch. 3 $ 387,098 $ 401,127 $ 414,768 $ 428,023 $ 440,892 $ 453,376 $ 465,477 $ 477,195 $ 488,531 5 Putchased Power-Sch. 4 $ 65,156,458 $ 68,453,064 $ 71,916,472 $ 75,555,123 $ 79,377,882 $ 83,394,066 $ 87,613,463 $ 92,046,354 $ 96,703,542 6 DistfibutlonOSd~(Gr+l%/Yr.)-Sch. 5 $ 12,186,890 $ 12,674,365 $ 13,181,340 $ 13,708,593 $ 14,256,937 $ 14,827,215 $ 15,420,303 $ 16,037,115 $ 16,678,600 7 Cust. Acct, Admin&Gea.(Gr+l%/Yr.)-Sch. 5 $ 5,192,279 $ 5,399,970 $ 5,615,969 $ 5,840,607 $ 6,074,232 $ 6,317,21}1 $ 6,569,889 $ 6,832,684 $ 7,105,992 8 Amoa~ttloaoaBuyout-3%/Yr.-Sch. 3 $ 325,790 $ 325,790 $ 325,790 ~- 325,790 $ 325,790 $ 325,790 $ 325,790 $ 323,790 $ 325.790 9 InvesL/Depr.-3%/Yr*Iavest.-Sch. 3 $ 170,699 $ 180,394 $ 190,088 $ 199,782 $ 209,477 $ 219,171 $ 228,866 $ 23B,560 $ 2A8,234 10 Replacement DelivetyPropertyTaxes $ 3,200,367 $ 3,297,018 $ 3,396,58~ $ 3,499,165 $ 3,604,840 $ 3,713,706 $ 3,825,860 $ 3,941,401 $ 4,060,431 11 Reguhto~y Costs 12 Operations Start-up Costs 13 Power Supp~ Start-Up Costs incl. Meter 14 Total Operating Expenses $ 86~896,502 $ 90~976t070 $ 95~252t779 , $ ,99t736t265 $ 104t436~654 $ 109t3641551 $ 114 531t094 $ 119~947t967 $ . L25,6.27~4~..0... 15 16 MEC Est. Rev.-%Q &2%Pr. Incr. in 2Yr-Seh.10 $ 93,018,891 $ 97,725,647 $ 102,670,~65 $ 107,865,695 $ 113,323,699 $ 119,057,879 $ 125,082~207 $ 131,411r367 $ 138,060,782 17 City Estimated Savings $/Yr $ 6,122,389 $ 6,749,$76 $ 7,417,786 $ 8,129,427 $ 8,887,04~ $ 9,693,327 $ 10,551,113 $ 11,463,400 $ 12,433,352 18 City Estimated Savinga %/Yr 6,6% 6.9% 7.2% 7.$% 7.8% 8.1% 8.4% 8.7% 9.0% 19 Net Preaeat Value %, 25 Yrs Est. Savings 21 Interest %/Yr---Buyout-Taxable 0.0750 22 Interest %/y£---Iawstment--T~x Preference 5% 23 Yeaxs Buyout Financed 25 24 NPV Discount Rate % 0.045 Schedule -1 Page 3 of 3 09/29/2003 10:24 AM