HomeMy WebLinkAbout2002-02-05 Info Packet of 1/24 CITY COUNCIL INFORMATION PACKET
¢~ January 24, 2002
www.icgov.org
I JANUARY 20 WORK SESSION ITEMS I
IP1 Memorandum from City Clerk: January 29 Budget Presentations
I MISCELLANEOUS ITEMS
IP2 Meeting Schedule and Tentative Work Session Agendas
IP3 Memorandum from Mayor: Washington DC Trip
IP4 Memorandum from City Manager: Health Insurance
IP5 Letter from City Manager to Richard Hughes: Library Renovation Project
IP6 Memorandum from Economic Development Coordinator: Iowa City Area Quicklook
2001
IP7 A~ticle: Transits' Support and Commitment to Local Communities [Atkins]
IP8 Iowa City Police Department Monthly Bar Check Report - December 2001
IP9 City of Iowa City Quarterly Investment Report - September 30, 2001 to December
31, 2001
IP10 Article: Iowa Open Meetings and Public Records Laws IPlab]
Staff Report for Hickory Heights (Distributed at 1/22/02 Work Session)
City of Iowa City
M MORANDUM
DATE: January 24, 2002
TO: Mayor and City Council
FROM: Marian K. Karr, City Clerk
RE: January 29 Budget Presentations
BOARDS/COMMISSIONS/ORGANIZATIONS
BUDGET PRESENTATIONS
JANUARY 29, 2002
6:30 PM
NAME ORGANIZATION
6:30-6:45 Linda Kopping Senior Center Comm.
6:45-7:00 Ron O'Neil Airport Commission
7:00-7:15 Susan Craig Library Board
7:15-7:30 Karin Franklin Public Art Advisory Board
7:30-7:45 Karen Kubby & HarTiet Gooding Evert Cormors Rights &
Resource Center for
Independent Living
7:45-8:00 Margaret Wieting Johnson County Historical
Society
8:00-8:15 Break
8:15 -8:30 Ken Richardson Mormon Trek Heritage
Society
8:30-8:45 Terry Trueblood Parks & Rec. Commission
(15 minutes apart; 10 minute presentations, 5 minutes for questions)
s/January 29 organizational schedule.doc
~ City Council Meeting Schedule and
~,~ cx'~' Tentative Work Session Agendas
January 24 Thursday
1:30p-5:00p SPECIAL COUNCIL WORK SESSION Emma J. Harvat Hall
Budget Meeting
January :29 Tuesday
8:00a-'12:00p SPECIAL COUNCIL WORK SESSION Emma J. Harvat Hall
· Budget Meeting
6:30p SPECIAL COUNCIL WORK SESSION Emma J. Harvat Hall
· Budget Meeting- Boards & Commissions,
Community Organizations
February 4 Monday
6:30p COUNCIL WORK SESSION Emma J. Harvat Hall
City Conference Board
· Remaining Agenda TBA
February 5 Tuesday
7:00p FORMAL COUNCIL MEETING Emma J. Harvat Hall
Separate Agenda Posted
February 18 Monday
PRESIDENTS' DAY HOLIDAY - CITY OFFICES CLOSED
February 19 Tuesday
4:00p SPECIAL COUNCIL WORK SESSION Emma J. Harvat Hall
7:00p FORMAL COUNCIL MEETING Emma J. Harvat Hall
· Separate Agenda Posted
February 27 Wednesday
4:00p SPECIAL COUNCIL WORK SESSION Emma J. Harvat Hall
7:00p SPECIAL FORMAL COUNCIL MEETING Emma J. Harvat Hall
· Separate Agenda Posted
Meeting dates/times subject to change
FUTURE WORK SESSION ITEMS
Dog Park Downtown Historic Preservation Survey
Regulation of Downtown Dumpsters Writers' Safe Haven
Refuse Carts Board & Commission Member Child Care
City of Iowa CityiP3
MEMORANDUM
DATE: January 23, 2002
TO: City Council
FROM: Ernest Lehman, Mayor
RE: Washington DC Trip
February 24-26 have been set aside for the third annual lobbying trip to Washington D.C.
for the Iowa City and Cedar Rapids Areas Chambers of Commerce. I will be attending
this event and will be out of town on those dates.
City of Iowa City IP4
MEMORANDUM
Date: January 17, 2002
To: City Council
From: City Manager
Re: Health Insurance
Although much of the information is confidential, the following summarizes our experiences
with respect to health insurance usage by our employees/retirees.
· Total covered charges for the City amounted to $4,871,909, and increase of 41.1%.
· On a per member basis, the average covered charge increased 40%--an increase of
$905 per member.
· City employee inpatient covered charge per member rose 92.3%. Our employees/their
families incurred more hospital admissions and longer stays.
Comparison with statewide averages:
· Our enrollment shows a higher percentage of members between the ages of 35-54 as
compared to statewide average (41% v. 34%)
· We have fewer in the 55+ range (5.6% v. 12.6%)
· We have a higher proportion of males
· Our member's inpatient charge levels were 63% above expected, given the age and
sex composition of our membership
· Our outpatient charges were 33% above expected levels
Benefit administration:
· Overall charges for members were reduced by $723,000 as a result of coordinated
benefit administration
mgr/mem/bene fitstats.doc ~.
City of
Januaw 24,2002
Mr. Richard Hughes, President
CACO
3924 Partridge Circle
Bettendorr, IA 52722
Dear Mr. Hughes:
This note is in response to your correspondence to Council dated January 22 regarding
Iowa City Public Library bid documents.
Enclosed you will find the bid tab sheet. All other documents are available for
examination at the Iowa City Public Library. As has been previously explained to you,
you must first call and set an appointment. Susan Craig, the Library Director, is the
contact for this project. You can reach her at 356-5200. If, after review, you wish to
have copies of documents, staff will inform you of the associated fees.
For future reference, the Public Library renovation project is under the jurisdiction of the
Library Board of Trustees. They are the body that selected and approved the contractor,
not the City Council.
Sincerely,
City Manager
Enclosure
cc: City Council
Susan Craig, Library Director
Library Board of Trustees
Kumi Morris
IOWA CITY PUBLIC LIBRARY EXPANSION RENOVATION PROJECT
I 2 3 4 5 6 7
Contractor Name Miron Constr Knutson Engberg
Manasha, WI Anderson
Base Bid 14,202,000.00 12,097,000.00 12,926,183
Unit Costs
A Addit{onal Excavation 13.00 11.00
B Engineered fills Type B 23.00 21.00
C Engineered fills Type E 25.00 2300
D Engineered fills Type G 150.00 1500
E Auger Cast Piles 80.00 LF Add. 20.00 LF
Deduct 5.00
Alternate Bids
2 Light Monitors 170,474 220,000 175,000
3a Wood Millwork 477,124 59,000 400,000
3b Signage 188,142 70,000 75,000
4 Si§nage 46,414 47,500
5 Granite at Stair E 62.977 61,000 75000
Anamosa
Mo-Keta [
List of Sub-Contractors [ [
Bid Bond 10% 10%
$12,554,000 $13,651,183
(subcontract
Shared\engineer\icplexpancha~doc
of
Date: January 22, 2002
To: City Council .
From: David Schoo~
Re: Iowa City Area Quicklook 2001
Attached you will find a copy of the Department of Planning and Community
Development's updated Iowa City Area Quieklook, a graphical summary of the
information contained in the 2001 Community Profile. The Quieklook contains
graphical representations of nine categories: population, employment, income, wages,
construction, retail sales, home sales, education, and The University of Iowa.
Copies of the Iowa City Area Quicklook 2001 are available to the public at the City of
Iowa City Department of Planning and Community Development. Also, the Quicklook is
available in color form on the Intemet at www.icgov.org/quicklook.htm.
The Quicklook is updated on a regular basis, and if you have any suggestions regarding
additional information that should be included in the Quicklook, please contact me at
356-5236.
The Community Profile is available on the Internet at
www.icgov.org/documents/demoinfo.
410 EAST WASHINGTON STREET * IOWA CITY, IOWA 52240-1826 * (319) 356 5000 ** FAX (319) 356-5009
City
A graphical summary of assorted
demographics and statistics
compiled by the City of Iowa City Economic Development Division
Introduction
For the past several years, the City of Iowa City has assembled a compilation of
demographic, economic, and statistical data for the Greater Iowa City Area known as the
Community Profile for the Iowa City Area. The Quicklook is a summary of selected data from the
Community Profile that has been converted to a graphical format. The Quicklook can be used
as a supplement to the Community Profile, or as a quick source for facts and information. The
Quicklook has been divided into seven separate sections: population, employment, income,
construction, retail sales, home sales reports, and education. The following is a brief summary
of each section.
The Population section focuses on population in the Iowa City area and how this
population is dispersed by age group. The 2000 population information is available in the
Quicklook for the first time this year. The numbers reflect Johnson County's robust growth over
the past decade. Iowa City has continued its steady growth, while Coralville and North Liberty
have grown by leaps and bounds. As was the case in 1990, Iowa City's population has a large
number of younger people relative to the surrounding area. The University Iowa has an
important influence on the demographic makeup of the area, and will be noted in other sections
of the Quicklook.
The makeup and overall welfare of the local workforce are summarized in the
Employment section. Johnson County has consistently experienced a lower unemployment
rate than the national average. This is the result of a local economy that has been able to
withstand national and regional recessions. The City of Iowa City's Iow unemployment rate
reflects a community of employed and productive citizens. However, it also means that local
businesses have been faced with tight labor markets. Despite this, Iowa City continues to thrive,
offering many amenities not available in other communities of comparable size. Increases in the
resident civilian labor force and in total employment have existed every year for the past
decade.
The Income section provides an analysis of the trends in earnings for the local
population. Increases in total personal earnings have been particularly strong in the
Nonmanufacturing and Government sectors. Average weekly wages in each sector, and for all
industries combined, have steadily risen year after year. The Government sector has
consistently reported the highest average weekly wages. Per capita income in Johnson County
continues to be above that for both the State of Iowa and the United States. This is due in a
large part to the presence of a major university that employs well over 15,000 non-students.
Iowa City Area Quicklook 2001 i
A number of graphs depicting the total value and number of a variety of building permits
can be found in the Construction section. In most categories, the total value and number of
Iowa City permits has remained stable or shown slight increases. The North Liberty construction
market has shown similar trends to Iowa City's. Coralville has not followed this trend, however.
With the construction of Coral Ridge Mall, Coralville permits experienced dramatic increases in
value and total permits issued. While this growth in permits has begun to slow down, Coralville
will likely continue to experience residual effects from the mall.
Retail Sales for the area have increased steadily throughout the 1990s, and this growth
continued in 2000. Johnson County retail sales have risen in all twelve categories since 1994.
This is a result of growth in retail sales in Johnson County's two major retail trade areas: Iowa
City and Coralville. The opening of Coral Ridge Mall instigated a shift in retail sales from Iowa
City and its surrounding areas to Coralville. So, while retail sales have risen in each area, the
proportion of Johnson County's retail sales taking place in Coralville has grown.
The Home Sales Report summarizes trends in home sales for iowa City, Coralville, and
North Liberty. Iowa City and North Liberty sell the most homes in the $100,000-$149,999 price
range, while Coralville's largest percentage of home sales fall in the $70,000-$99,999 range.
Coralville and Iowa City have converged and share nearly the same average sale price of
homes at approximately $140,000. The North Liberty average sale price is well below either
community at approximately $120,000.
The Education section describes the high level of quality education that is present in the
Iowa City area. Johnson County and Iowa City have a higher percentage of citizens with a high
school and bachelor's degree than the rest of the State of Iowa or the United States. The Iowa
City workforce is well educated and prepared for current and future challenges they may
encounter in the job market.
The City of Iowa City Economic Development Division hopes that the Quicklock provides
useful, easily accessible information to you and your organization. To purchase an additional
copy of the Quicklock or a Community Profile, please call the City of Iowa City Planning and
Community Development Department at (319) 356-5230.
Find the Quicklook on the web at: www. icgov, org/quicklook, htm
Find the Community Profile on the web at: www. icgov, org/documents/demoinfo.pdf
Iowa City Area Quicklook 2001 ii
Table of Contents
Introduction i
Population 1
Employment 2
Income 6
Wages 7
Construction 8
Retail Sales 13
Home Sales Report 17
Education 19
The University of Iowa 20
Sources 21
Prepared by:
Karin Franklin, Director of Planning and Community Development
David Schoon, Economic Development Coordinator
Kevin Hoyt, Planning Intern
Iowa City Area Quicklook 2001
Population
Population
· Johnson County
· Iowa City
[] Coralville
F1Nod~ L beny
1970 1980 1990 2000
Trend: Population in Iowa City rose a modest 42% from 1990 to 2000, while Johnson County's
population increased by a significant15 2%. Much of Johnson County's growth can be attributed to
population rises in Coralville (46%) and North Liberty (83%) over the decade
! 2000 Population Comparison by Age Group
~ 40%
35% Ius
30% · Johnson Co.
[] Iowa City
25%
20~'~
15%
10%
5%
0%
Under 5 5 14 15 24 25 44 45 59 Over 60
Trend: A rolatively high percentage of people in Iowa City and Johnson County fall in the 15 - 24 year
old category. Iowa City and Johnson County aisc havea relatively smaller percentage of the
population in the 45 - 59 and Over 60 year old categories
Iox~a ('it> Area Ouicl<lool< 2001 I
Employment
Unemployment Rate
5
2 ~- ~ ~
r
1
0 ~ ~
1995 1996 1997 1998 1999 2000
Trend: The unemployment rate in Johnson County, the State of Iowa, and the rest of the United
States has decreased since 1995. Johnson County reported an unemployment rate of 2.1% in 2000
compared to 2.6% for the State of Iowa and 4.1% for the entire United States.
Johnson County Labor Force and Total Employment
70,000
68,000 · Resident Civilian
Labor Force
66,000 [] Resident Total
64,000 Employment
62,000
60,000
58,000
1995 1996 1997 1998 1999 2000
Trend: Residential total employment increased 2.1% between 1999 and 2000. The civilian labor force
experienced an increase of 2.0% between 1999 and 2000.
Iowa City Area Quicklook 2001 2
10 Largest Iowa City Area Employers 2000
20000
18000
16000
14000
12000
10000
8000
6000
4000
2000 -
0
University UIHC ICArea V.A. Hy-Vee NCS Mercy ACT Lear* OraIB
of Iowa Schools Hospital Hospital
Trend: The ten largest employment providers in the Iowa City/Johnson County area account for 40%
of total employment. The University of Iowa continues to be the largest provider of employment
opportunities for Iowa Citians; however, there are numerous opportunities in a variety of sectors.
*Formerly United Technology Automotive
Iowa City Area Quicklook 2001 3
Employment by Sector
Labor Force Summary-Johnson County
35
3O
20
~5
~0
Manufacturing Nonmanufacturing Government
Trend: Both Manufacturing and Non manufacturing jobs experienced 19% increases between 1997
and 2000, while Government jobs grew about 4% over the same period.
Iowa City Area (~)uick[ool< 2001 4
Labor Force Summary By Sector
Johnson County in 1992
Manufacturing
8%
Government
46%
Non-manufacturing
46%
Labor Force Summary By Sector
Johnson County in 2000
Manu~udng
8%
39%
Non-
manufacturing
53%
Trend: The Nonmanufacturing and Government sectors continue to employ the greatest number of
Johnson County residents; much of this is due to the presence of the University of Iowa.
Nonmanufacturing jobs grew to become the largest employer of Johnson County residents between
1992 and 2000. Although the Manufacturing sector has the largest percentage increase in growth,
they continue to employ the same proportion of the Johnson County Labor Force.
Iowa City Area Quicklook 200 l 5
Total Personal Earnings by Industry
Johnson County
1,200
1,
Manufacturing Nonmanufacturing Government
Trend: Total personal earnings have increased in all sectors in Johnson County since 1996. Non-
manufacturing total earnings have increased by 9%, Manufacturing total earnings by 11%, and
Government total earnings by 5% in Fiscal Year 1999.
Note: The employment sectors tn the graph were condensed from more specific sectors Manufacturing consists of Durable
and Nondurable goods Nonnlanufacturing consists Of Transportation, Utilities, Wholesale and Retail Trade, Financednsur~rlce
Real Estate, and Services Government includes earnings for federal, state, and Iocalagencles
Per Capita Income
~7
26
1995 1996 1997 1998 1999
Trend: Johnson County and the United States have achieved slightly higher per capita income growth
than Iowa since 1995. Johnson County per capita income grew 6% between 1999 and 2000, while
Wages
Average Weekly Wages-Johnson County
$9o0
$800
$700
$600
$500
$400 8 ~ e w e ,,e
$300
$2OO
1994 1995 1996 1997 1998 1999
Trend: Average weekly wages have steadily increased in Johnson County. Between 1994 and 1999,
weekly wages increased by 21% in Private Industry, 22% in Government, and 19% in All Industries.
Note: All Industries includes Private Industry and Government. Private Industry includes Agriculture/Mining, Construction,
Manufacturing, Transporation/Public Ut[tlities, Retail/Wholesale, Finance, Insurance, Real Estate, and Services.
1999 Average Weekly Wages by Industry
Retail/Wholesale
Trans/Public Utilitfes
Manufacturing
Constructicn
I [] Iowa
I Johnson County J
AgdcultumJMining
$
0 100 200 300 400 500 600 700 800 900
Trend: Wages in the State of Iowa and Johnson County are comparable in all areas except Private
Industry, Finance, Retail/Wholesale, and Government. Iowa has significantly higher weekly wages than
Johnson County in Finance (29% higher), RetailANholesale (28%), and Private Industry (15%).
Johnson County average weekly wages in Government are significantly higher (30%) than in Iowa.
· Finance includes Finance, Insurance and Real Estate.
Iowa City Area Quicklook 2001 7
Construction
Total Value of Building Permits
Millions $
120
100 e CoralvilleI J~
cit I
80
60 ~
20 -
0
1995 1996 1997 1998 1999 2000
Trend: The total value of building permits in Iowa City experienced a sharp increase in 1999. Although
there was a small decrease between 1999 and 2000, the total value of building permits in Iowa City is
still relatively high. Since the completion of the Coral Ridge Mall in 1998, the value of Coralville's
building permits has fluctuated around 50 million.
Note: Total value of building permits includes values of new construction, repairs, remodeling, and additions, Iowa City figures
do not include construction on University of Iowa property.
Total Number of Building Permits
# of permits
1200
$ Coralville ]
1000 · Iowa City
800
600 -
400
200 ~
0 :
1995 1996 1997 1998 1999 2000
Trend: The total number of building permits issued per year in Iowa City has varied since 1995,
reaching a Iow of 667 in 1996, and a high of 959 in 1999. Coralville experienced a sharp increasse in
1998, due in a large part to the construction of Coral Ridge Mall.
Iowa City Area Quicklook 2001 8
Total Value of Commercial & Industrial Building Permits
45
35 e Coralville
30 · lqorth Liberty
25
20
15
10
5
0
1995 1996 1997 1998 1999 2000
Trend: The total value of commercial and industrial building permits issued in Iowa City remained
relatively stable since 1995. After 1996, Coralville experienced a large increase ($34 million) in the
value of commercial and industrial permits issued, much of which is due to the construction of Coral
Ridge Mall. Permit values in Coralville have subsided since 1997. The values in North Liberty
rebounded strongly in 2000 after very Iow values in 1999.
Note: The total value of commercial and industrial building permits include permits for new construction, repairs, remodeling,
and additions,
Total Number of Commercial & Industrial Permits
# of permits
~lowa City
~N0rth Liberty
1995 1996 1997 1998 1999 2000
Trend: The total number of commercial and industrial permits issued in Iowa City has been relatively
stable between 1995 and 2000. Coralville's increase between 1998 and 1999 was due in large part to
individual stores in the Coral Ridge Mall.
Iowa City Area Quicklook 200 l 9
Total Value of Single-Dwelling and Duplex Building Permits
Millions $
$ Iowa City
~ North Libedy
1996 1997 1998 1999 2000
Trend: Single-Family and Duplex permit values declined in Iowa City and Coralville in 2000 after
steady increases in 1996-1999. North Liberty's permit values have increased steadily during this
period.
Total Number of Single-Family & Duplex Dwelling Building Permits
# of permits
--
i I I
1996 1997 1998 1999 2000
Trend: The total number of single family and duplex dwelling building permits followed trend similar to
the value of permits issued. Iowa City had steady and significant growth from 1996 to 1999, and then
experienced a sharp decline in permits issued in 2000. Coralville and North Liberty have had a stable
number of permits issued between 1996 and 2000.
Iowa City Area Quicklook 2001 10
Total Value of Multi-Family Dwelling Building Permits
Millions $
1996 1997 1998 1999 2000
Trend: The total value of multi-family dwelling building permits is subject to dramatic fluctuations as is
demonstrated in the graph. Iowa City, Coralville, and North Liberty have all experienced sharp
increases in value in 1999-2000.
Total Number of Multi-Family Dwelling Building Permits I
#
of permits
I
25[~ ~ I ...,-II-- iowa City
i20~ ~ I: :°::'L:; I ~ I
10
l 9~ !!!7 r 1.9..9.~8. 1..9._.9_9.. ~oo1
Trend: All three communities have experienced significant variation in the [oral number of multi-family
dwelling permits issued over time. However, all three communities experienced sharp increases in
1999-2000.
Iowa City Area Quicklook 2001 11
Total Number of Units for Multi-Family Dwelling Building Permits
# of units
250 ='"'~"- Iowa city
200100,]50500 ~~ Coralvil!e
10§6 1§§7 1998 ~ 2000
lrend: lbo total number of new units for multi-family buildinO pormits has variod significantly in all
three communities. Iowa City and ~o~h ~ibo~ experience0 0ramatic ~rowth bo~oon ~ and
2000, howowr.
Iowa City Area Quicklook 2001 12
Retail Sales
Taxable Retail Sales
1996 1997 1998 1999 2000
Trend: Taxable retail sales in Iowa City have steadily increased between 1996 and 2000, with growth
of 15% over the period. Coralville's retail sales have more than doubled during this time, mostly due
to the opening of Coral Ridge Mall. Ninety-four percent of Johnson County's taxable retail sales occur
in Iowa City and Coralville, and the County as a whole had a 35% increase in taxable retail sales over
the five-year period.
Taxable Retail Sales in Johnson County
Millions $
Trend: Taxable retail sales for Johnson County are greater in 2000 than they were in 1998 in all
categories.
Iowa City Area Ouicl<look 20()1 1_3
Taxable Retail Sales in Iowa City
Services ~[i~ ..... I 51999 ]
Food Stores (1,2)
0 50 100 150 200 250
Millions $
Trend: Taxable retail sales for iowa City follow a similar trend to that of Johnson County with
categories except Specialty Stores and General Merchandise, reporting higher taxable retail sales in
2000 than in 1998.
Taxable Retail Sales in 6oralville
Miscellaneous (3) ~
Food Stores (1,21 __
General Merchandise (4)
Buildin9 Materials (2) __
Utilities (2)
0 50 100 150 200
Millions $
Trend: Taxable retail sales for Coralville follow a similar trend with respect to iowa City and Johnson
County All categories show sales in 2000 higher than 1998 with the exception of Building Materials.
General Merchandise sales jumped 676% during this period, rargely due to the presence of Coral
Ridge Mall
ht~a (~'il>' ,,&rca Quick look 2001 14
Taxable Retail Sales in Johnson County for 2000
Food Stores Utilities
Miscellaneous
6% 9% Building Materials
13%
~ , 7%
Service
12%
General Merchandise
Specialty Stores ~ 31%
10% Eating/Drinking
11%
Trend: Taxable retail sales for Johnson County in 2000 were similar to the distribution for Iowa City
and Coralville, with General Merchandise capturing the largest percentage of sales. However, the
utilities category was significantly lower in Coralville than in Iowa City and Johnson County.
Taxable Retail Sales in Iowa City for 2000
Miscellaneous Food Stores
15% 6% Utilities
13%
Service
12% Building Materials
8%
Specialty Stores General Merchandise
8% 26%
Eating/Drinking ,' 12%
Trend: Taxable retail sales for Iowa City follow a similar trend to that of Johnson County with General
Merchandise capturing the largest percentage of taxable retail sales.
Iowa City Area Quicklook 2001 15
Taxable Retail Sales in Coralville for 2000
Utilities
Food Stores1% Building Materials
Miscellaneous 4% ? 3%
Service
11% General Merchandise
/ 45%
Specialty Stores
16%
Eating/Drinking
11%
Trend: General Merchandise captures a much larger percentage of taxable retail sales in Coralville
than in Iowa City or Johnson County. However, the remaining distributions are fairly similar except for
Utilities.
Notes for pages 13-16: All taxable retail sales figures are given in current dollars. Taxable retail sales for 2000
are based on sales that occur from April 1, 1999 to March 31, 2000. Coral Ridge Mall, Coralville, opened in July
1998 causing significant increases in several categories. (1) Food stores sales only include taxable food store
sales. (2) Coralville sales for these categories are included in the Miscellaneous category. (3) Miscellaneous
includes the Miscellaneous, Motor Vehicle and Wholesale categories. (4) General Merchandise includes the
General Merchandise, Home Furnishings, and Apparel categories.
Iowa City Area Quicklook 2001 16
Home Sales Report
1999 Single-Family Home Sales Report
# of homes
45O
400
350 ~ .
I # Iowa City
300 i ~ Coralville
~N. Libedy
25O
2OO
150
lO0
5O
0
Under $40,000 $40,000- $70,000- $100,000- $150,000- $200,000- $250,000 &
$69,999 $99,999 $149,999 $199,999 $249,999 Over
Trend: Single family home sales are greatest in the $100,000-$149,999 price range for Iowa City and
North Liberty. Coralville's largest sales segment was in the $70,000-$99,999 range.
Number of Residential Home Sales
# of homes
1000
800 _
700 '~ Iowa City
600 h Coralville
500 '""~ N Libedy
4OO
3OO
200 ~ ·
100 ·
1996 1997 1998 1999 2000
Trend: 'The number of residential home sales in Iowa City remained stable between 1996-2000. In
1998 there was an increase of 19% in the number of home sales within Iowa City. Since 1996,
Coralville and North Liberty have generally experienced slight annual gains. North Liberty is at a five-
year high.
Iowa City Area Quicklook 2001 17
Average Sale Price of Residential Homes
$16o,ooo
150,000
140,000
130,000 -'"'--'-"--'~""-
120,000 ] ~
110,000 ~
100,000 ' ~...,...,..,.,,,'~ I~i IowaCity
'~ Coralville
90,000
80,000 ~ -- · N. Libedy
70,000
60,000 ~ I ; ~
1995 1996 1997 1998 1999 2000
Trend: The average sale price of homes has significantly increased in North Liberty since 1995 (30%);
however, it still remains below the average sale price in iowa City or Coralville. Iowa City and Ooralville
have both experienced an increase in values since 1995; Coralville has increased by 30% and Iowa
City has increased by 19%.
Total Sales Volume of Residential Homes
140
120
~ Iowa City
100 __ I ~ Coralvil~e
80 ~ N. Libedy
60
40 ~ ~''
2O
0 I I I I
1995 1996 1997 1998 1999 2000
Trend: The total sales volume of residential homes has dramatically increased since 1995. All three
areas have experienced substantial 9rowth since 1995; Iowa City has 9rown 39% while the total sales
volume in Coralville as well as North Liberty have more than doubled.
Iowa City Area Quicklook 2001 18
Education
Enrollment for Iowa City Area Schools
Public ]
~Private
0
1995 1996 1997 1998 1999 2000
Trend: Since 1995, enrollment in Iowa City area schools has steadily increased Public school
enrollmen[s have increased by 5% over this period. Private school enrollment also increased slightly
during this six-year period.
Educational Attainment-Persons 25 Years and Older
1
DOS
High School Diploma Bachelor's Degree
Trend: The population of Iowa City has a higher percentage of citizens with high school diplomas thai'
the State of Iowa (94% compared to 80%) and the United States (75%). Fifty-four percent of Iowa
City's populalion holds a Bachelor's Degree or higher compared to Iowa (17%) and the United States
(20.3%)
Iowa City Area Qtdcklook 2001 19
The University of Iowa
Enrollment by Session and Student Level-
The University of Iowa in 2000
30,000
25,000
20,000 · · ·
15,000
10,000 ~ Total
A A A A
5,000
0 I I
1994 1995 1996 1997 1998 1999
Trend: Total student enrollment at the University of Iowa has increased by 7% since 1994. The
number of graduate students enrolled fell by 1,036 in the 1998-1999 school year; however, the number
of professional students enrolled grew by 977 in the same year.
Enrollment by Zip Code Address 2000
Commuting/
Enrolled North Liberty Coralville
Off-Campus 1% 6%
18%
Cedar Rapids
3% Iowa City
Off-Campus
53%
UoflCampus /
20%
Trend: Seventy-three percent of University of Iowa students live in Iowa City: 53% live off-campus,
while 20% live in University Housing.
Iowa City Area Quicklook 2001 20
Sources
Population
A & B. Population; 2000 Population Comparison by Age Group, Page 1
Sources: U.S. Department of Commerce; Bureau of the Census; Census 2000
Employment
A - C. All graphs for this Section, Pages 2-5
Sources: "Labor Force Summary Annual Averages 1988-1993," and "Labor Force Summary,
1994-2000 January through December", Labor Market Information Bureau, Iowa Workforce
Development; "Economic Indicators", Prepared for the Joint Economic Committee by the
Council of Economic Advisers (National Unemployment Rate)
Income
A & B. Total Personal Earnings by Industry; Per Capita Income, Page 6
Source: U.S. Department of Commerce, Economics and & Statistics Administration, Bureau of
Economic Analysis, Regional Economic Measurement Division, May 2001
C & D. Average Weekly Wages - Johnson County; Average Weekly Wages by Industry,
Page 7
Source: Employment and Wages Covered by Unemployment Insurance, Iowa Workforce
Development, 2001 (for 20001
Construction
A - H. All graphs for this section, Pages 8-12
Sources: City of Iowa City Housing & Inspection Services; City of Coralville Building
Department; City of North Liberty
Retail Sales
A - D. All graphs for this Section, Pages 13-16
Source: Iowa Department of Revenue and Finance; '%wa Retail Sales & Use Tax Reports"
Home Sales Report
A - D. All graphs for this Section, Pages 17-18
Source: Iowa City Area Association of Realtors
Education
A. Iowa City School Enrollment, Page 19-20
Source: Iowa City Community School District
B. Educational Attainment - Persons 25 years and Older, Page 19
Source: U.S. Department of Commerce; Bureau of the Census; Census 2000
C & D. Enrollment by Session and Student Level and Enrollment by Zip Code - The University
of Iowa, Page 20
Source: The University of Iowa, Office of the Registrar; Student Profile, Fall Semester 2000-
2001
Iowa City Area Quicklook 2001 21
Transits' support and
commitment to local communities
Dy Donna Johnson
Public transit systems in apartments, and wait away before Christmas. For years, home games, Cambus (which
Iowa are committed to from the fire. The bus' heater on the Sunday night before is operated primarily by U of I
supporting their communities kept most people warm, while Christmas, cars would jam the students) puts 10 additional
I:)y providing transportatioh the interior lights provided streets of Coralville to take in buses on the road. They
services in various ways some lighting for Red Cross the view of brightly decorated provide a free shuttle to the
throughout the state. Many workers that arrived shortly neighborhoods. In response stadium, available to every-
people depend on the ser- afterwards to board and find to a request to ease traffic, one, from downtown Iowa City
vices these agencies provide, out which people would need while improving the view, and the Hancher commuter
not just for daily transporta- their assistance. Meanwhile, Coralville Transit provides a lot. Up to 8,000 riders are
tion, but also as a way to take snacks and coffee came, Sunday night tour that lasts for squeezed into these buses for
part in organized community which by this time were a couple of hours. "The each game. The shuttles run
activities. Here are a few greatly welcomed. Peering drivers manage to get around about 1-1/2 hours before the
short stories about transit out the windows, they could the streets with amazing ease game, and continue until
systems in the Iowa City area see that a city worker had and no accidents yet, either," about one hour after. The cost
that have provided ongoing arrived with a load of salt and said Roger Fisher, manager of of the service is supported by
support and commitment to sand that would enable the Coralville Transit. After the the U of I Athletic Department.
their local communities, emergency response crews to Christmas lights tour, many "Cambus has been providing
maneuver themselves and residents partake in another this special event service for
Late last winter, at about their equipment more effi- Coralville tradition of a pre- over 20 years. Thousands of
4:30 a.m. on a Saturday ciently, and eventually the fire holiday dinner. "The dinner fans have come to depend
morning, a police office was under control. Fisher includes a celebration, with upon the service and have
telephoned Roger Fisher, drove the displaced residents Santa himself passing out the gotten proficient at squeez-
manager of Coralville Transit, to a local motel where they gifts by each person's name," lng," said Brian McClatchey,
on behalf of Coralville's new were temporarily accommo- said Fisher. This is one of the Cambus transit manager. With
fire chief requesting aid at the dated, until they could go Coralville highlights of the up to 70,000 spectators
scene of an apartment back to salvage any belong- year, something many people attending a game in the center
complex fire. Fisher said, "1 ings and find more permanent look forward to. Coralville of town, the service plays an
quickly drank some milk, housing. "After four or five Transit has been bringing important role in dispersing
grabbed my bus garage keys, hours of waiting, watching the people to this event since the the congestion and reducing
and headed for the first bus I drama unfold as a spectator, 1980s, and the bus drivers are frustration for drivers. "People
could find." Several cotd and doing what I was told needed always invited in for the feast, from around the country, even
anxious residents were to be done, I was overcome "It's not hard to find drivers for some from Ames, have
huddled together in an with the satisfaction of being this event. Some drivers even commented how they appreci-
ambulance for warmth, while able to help. Once I knew no stay to help with the ate the service and think it's
police officers and firefighters one was hurt, I felt I could sit dishwashing after the meal," great that it's free,"
worked both furiously and back and rest," said Fisher. said Fisher. McClatchey said. "It's an
efficiently to extinguish the fire important service and also a
and get people to safety. As in many neighbor- The University of Iowa nice 'welcome to the Univer-
Fisher was asked to board the hoods, Coralville residents {U of I) football team has sity of Iowa.' Go Hawks and
displaced residents, drive have been putting candles in sprung into action and so has we'll see you again for
around the circle drive of paper bags to line their Cambus, the transit agency basketball!" added
walkways, and lighting up that primarily serves the McClatchey.
their trees, yards and houses university. For each of the six
Support and commitment,
see next page
10
Support and commitment,
from previous page
"Both football and basket- rides to local police officers February
ball seasons bring extra shifts that volunteer their time to Feb. 19-21: Trans/Tech, Orlando, Fla., American Public
and pay for drivers willing to take underprivileged kids Transportation Association's Trans/Tech Information
negotiate heavy car and foot shopping for Christmas gifts at Technology Conference (www. apta.com)
traffic brought in by Big Ten Wal-Mart," said Ron Logsdon,
athletic contests," said Roger manager of Iowa City Transit. Feb. 27: Iowa Public Transit's Legislative Day, Iowa
Fisher, manager of Coralville ICT also provides an average Public Transit Association, Des Moines, iowa (Bev
Transit. For several years, of 60 tours a year for local Thomas, 515-440-6057)
CoralviIle Transit has trane- daycare centers and elemen-
ported ticket-holding, athletic tary school classes. Children March
club members to and from the are picked up at their daycare March 10-13: Legislative Conference, American Public
front door at Kinnick Stadium or school and given a bus ride Transportation Association, Washington, D.C.
and Carver-Hawkeye Arena in through the downtown transfer (202-496-4800)
Iowa City for those big home point, where passengers can
games. "We do what we can change from one bus route to April
to help relieve congestion and another or even catch a April 1-4: Managing and Planning for Rural and Small
get people to and from the University of Iowa Cambus or Urban Systems, Center for Transportation Education
games safely, so that every- Coralviile Transit bus. The and Development-University of Wisconsin-Milwaukee,
one can have a good time and children are then transported Milwaukee, Wis. (414-227-3190)
enjoy the game," said Fisher. to the ICT administration and
maintenance facility for a May
Iowa City Transit (ICT) walking tour where the ICT May 5-9: American Public Transportation Association's
transported 856 riders to the tour guide explains to the 2002 Bus and Paratransit Conference, Minneapolis,
t 0~h Annual FLY IOWA event children how it operates. Minn. (202-496-4800)
hosted at the Iowa City "Afterwards, the children
Municipal Airport last Septem- reboard the bus and are given May 20-25: Community Transportation Association of
ber. FLY IOWA is an annual a ride through the bus wash, America's EXPO 2002, Austin, Texas (Charles Dickson,
statewide fly-in and aviation which is always a big hit," said 202-661-0208)
fair. iowa City also hosted the Logsdon. "Each child is given
very first FLY IOWA event in a free coloring book related to June
1991. More than 10,000 Iowa City Transit, as well as a
June 19-22: Iowa Public Transit Association's Annual
people attend this annual couple of free passes so they Meeting and Bus Roadeo, Davenport, Iowa (Bev
event, with more than 200 fly- can ride the bus with their Thomas, 515-440-6057)
in aircraft and dozens of parents later," Logsdon added.
aviation exhibitors.
For more detailed conference listings, see the following
"Shop with a cop" is a Web sites:
unique program offered in httD://www, aDta.com/meetinos ~:
Iowa City that is held annually htto://www, ctaa.oro/calendar
in December. "Iowa City httD://www.ffa.dot.oov/librarv/into/calendar/cal.html
Transit (iCT) provides free
11
Iowa City Police Department
Monthly Bar Check Report
DECEMBER 2001
YEAR 2001 Monthly Total Year to Date Totals Arrest/Visit
Business Name A _B A B YTD
1ST AV CLUB 0 0 11 ~ 1 0.09
AIRLINER 1 0 52
27 0.52
ALLEY CAT 0 0 16 2 0.13
ATLAS GRILL 0 0 15 ~ 2 0.13
BREWERY 0 0 0 ~,'~ 0 0.00
BO JAMES 0 ~¥'-~ 0 35 41 1.17
BROTHERS 5 ~ 0 59 37 0.63
CARLOS O'KELLYS 0 0 0 ~; 0 0.00
COLLEGE ST BILLIARD 2 0 31 1 0.03
COLONIAL LANES 0 ~,'~:: 0 2 0 0.00
DAVES FOXHEAD 0 0 4 0 0.00
DEADWOOD 0 :::::::: 0 17 1 0.06
DIAMOND DAVES 0 ¢~4 0 3 0 0.00
DUBLIN UNDERGROUND 0 0 8 0 0.00
EAGLES LODGE 0 0 1 0 0.00
ETCETERA 0 ....... 0 17 13 0.76
ELK'S CLUB 0 0 0 0 0.00
FIELDHOUSE 4 1 64 71 1.11
FITZPATRICKS 0 0 6 6 1.00
GA MALONES 1 0 59 76 1.29
GABES 0 0 13 ~,~' 5 0.38
GEORGES 0 0 6 0 0.00
G I O VA N N I S 0 ~ 0 0
o o.oo
GREEN ROOM 0 0 4 0 0.00
GRINGOS 0 0 1 0 0.00
GRIZZLEYS 0 ~ 0 7 0 0.00
GROUND ROUND 0 0 0 ,,,' :i0 0.00
HAPPY JOES 0 ~22~ 0 0 0 0.00
HILLTOP TAP 0 ~ 0 6 0 0.00
JIMMY'S BRICK OVEN 0 0 1 ~'~ 0 0.00
JOES PLACE 0 ~'~ 0 12 0 0.00
KITTY HAWK 0 0 1 ~ 0 0.00
LOFT 0 0 0 0 0.00
MABELS 0
,~ 0 0 0 0.00
Column A is the number of times a bar is visited specifically checking for underage drinkers.
Column B is the number of people charged with possession under the legal age in each bar. Note this is not the
total number of charges in each bar.
Iowa City Police Department
Monthly Bar Check Report
DECEMBER 2001
YEAR 2001 Monthly Total Year to Date Totals Arrest/Visit
Business Name A B _A B YTD
MARTINIS 2 0 26 24 0.92
MEMORIES 0 0 4 >>: 0 0.00
MICKEYS 0 0 6 %~ 0 0.00
MIKES 0 :::~,~0 4 ~ 0 0.00
MILL 0 0 2 ~ 1 0.50
MONDOS 1 2 2 ~ 2 1.00
MOOSE LODGE 0 0 0 ~ 0 0.00
MORGAN'S 5 0 17 ~ 1 0.06
MUMMS 1 0 10 ~ 0 0.00
ONE EYED JAKES 0 0 51 ~ 70 1.37
OUTER LIMITS 0 0 4 :::::::::::::::::::::: 0 0.00
PLAMOR 0 0 2 '~'~
0 0.00
PRESS BOX 2 0 43 ~ 2 0.05
QUE 0 0 41 61 1.49
QUINTINS BAR & DELI 0 0 11 3 0.27
RT GRUNTS 0 0 9 ~'~:
.-~ 1 0.11
SAMS 0 0 0 ~ 0 0.00
SANCTUARY 0 0 0 0 0.00
SERENDIPITY LAUNDRY 0 0 0 ~" 0 0.00
SHAKESPEARES 1 0 2 ~ 0 0.00
SPORTS COLUMN 3 0 73 103 1.41
SUMMIT BAR 5 3 5 3 0.60
TUCKS 0 0 3 0 0.00
UNION 2 ~ 2 62 90 1.45
VFW 0 0 0 0 0.00
VINE 0 0 8 12 1.50
2 :::::::::::::::: 4 49 ~":: 95 1.94
WIG AND PEN 0 0 5 0 0.00
TOTAL 37 12 890 751 0.84
Other non-business charges 13
TOTAL PAULA CHARGES 25
Column A is the number of times a bar is visited specifically checking for underage drinkers.
Column B is the number of people charged with possession under the legal age in each bar. Note this is not the
total number of charges in each bar.
IP9
CITY OF IOWA CITY
QUARTERLY
INVESTMENT REPORT
SEPTEMBER 30, 2001
to
DECEMBER 31, 2001
Finance Department:
Prepared by:
Sara Sproule
Senior Accountant
OVERVIEW
The City of Iowa City's investment objectives are safety, liquidity and yield. The primary
objective of the City of Iowa City's investment activities is the preservation of capital and
the protection of investment principal. The City's investment portfolio remains sufficiently
liquid to enable the City to meet operating requirements that cash management
procedures anticipate. In investing public funds, the City's cash management portfolio is
designed with the objective of regularly exceeding the average return on the six-month
U.S. Treasury Bill. The U.S. Treasury Bill is considered a benchmark for riskless
investment transactions and therefore comprises a minimum standard for the portfolio's
rate of return. The average return on the six-month U.S. Treasury Bill, as obtained from
the monthly publication Public Investo(, was 2.87% at 9/28/01 and was 1.81% at
12/28/01. The investment program seeks to achieve returns above the benchmark,
consistent with risk limitations and prudent investment principles.
The quarterly investment report lists investments by fund, by institution, by maturity date,
and investments purchased and redeemed.
Rates on new investment purchases with maturity dates in the eight month to twelve
month range were approximately 300 to 415 basis points lower on investments
purchased in the fourth quarter of 2001 than on investments maturing in the fourth
quarter of 2001. This is consistent with the Federal Reserve decreases in the federal
funds rate during calendar year 2001. The Federal Reserve decreased the federal
funds rate eight times in the first three quarters of 2001 by a total of 350 basis points.
In the fourth quarter of 2001 the Federal Reserve cut the federal funds rate 125 basis
points, 50 basis points in October 2001, 50 basis points in November 2001 and 25
basis points in December 2001. The federal funds rate is the interest rate at which
banks lend to each other. The December rate cut was the eleventh rate cut this year.
This rate was 1.75 percent in the fourth quarter of 2001 and was 6.50 percent in the
fourth quarter of 2000. See Federal Funds Rate chart on next page.
The City continued to see a decrease in rates obtained on investments being placed in
the fourth quarter of 2001. Rates on new investments with maturity dates in the eight
month to twelve month range were from 2.03% to 2.86%. New official state interest rates
setting the minimum that may be paid by Iowa depositories on public funds in the 180 to
364'day range is 1.70%. This is effective January 10, 2002. The previous rate for this
range in December 2001 was 1.60%.
Federal Funds Rate
7.OO
6.00
CITY OF IOWA CITY
INVESTMENTS ON HAND
DETAIL LISTING BY MATURITY DATE
12/31/01
INSTITUTION INVESTMENT PURCHASE MATURITY INVESTMENT INTEREST
NAME TYPE DATE DATE AMOUNT RATE
VAN KAMPEN GOVT MUTUAL FUND 22-Ju1-85 N/A 200,000.00 VARIABLE
NORWEST BANK SAVINGS 1-Dec-99 N/A 200,000.00 VARIABLE
HAWKEYE STATE BANK SAVINGS 18-Jul-97 N/A 1,500,000.00 VARIABLE
IOWA PUBLIC AGENCY INVEST TRUST IPAIT 5-Sep-01 N/A 4,500~000 00 VARIABLE
IOWA PUBLIC AGENCY INVEST TRUST IPAIT 19-Jul-00 N/A 1,720,060.63 VARIABLE
COMMERCIAL FEDERAL BANK CD 8-Jan-01 2-Jan-02 1,100,000.00 5.30
COMMERCIAL FEDERAL BANK CD 22-Jan-01 2-Jan-02 1,500,000.00 5.50
BRENTON BANK CD 9-Feb-01 2-Jan-02 700,000.00 5.05
COMMERCIAL FEDERAL BANK CD l-Feb-01 11-Jan-02 1,200,000.00 5.505
HILLS BANK CD l-Mar-01 11-Jan-02 1,200,000.00 5.40
COMMERCIAL FEDERAL BANK CD l-Feb-01 15-Jan-02 1,800,000.00 5.505
HAWKEYE STATE BANK CD 21-Mar-01 25-Jan-02 1,200,000.00 5.35
HAWKEYE STATE BANK CD 21-Mar-01 l-Feb-02 1,500,000.00 5.45
WELLS FARGO BANK CD 2-Apr-01 8-Feb-02 1,200,000.00 4,58
WELLS FARGO BANK CD 2-Apr-01 15-Feb-02 1,500,000.00 4.58
IOWA STATE BANK CD 11-Apr-01 22-Feb-02 1,200,000.00 4.60
FIRSTAR BANK CD 29-Feb-00 28-Feb-02 535,575,00 6.87
IOWA STATE BANK CD 11-Apr-01 l-Mar-02 1,500,000.00 4.65
IOWA STATE BANK CD 11-Apr-01 8-Mar-02 1,200,000.00 4.75
COMMERCIAL FEDERAL BANK CD l-May-01 15-Mar-02 1,500,000.00 4.35
FIRSTAR BANK CD l-May-01 22-Mar-02 1,200,000.00 4.18
FIRSTAR BANK CD 1-May-01 l-Apr-02 1,500,000.00 4.21
IOWA STATE BANK CD 1 l-May-01 5-Apr-02 1,200,000.00 4.16
HILLS BANK CD 5-Apr-01 8-Apr-02 1,250,000.00 5.00
IOWASTATE BANK CD 11-May-01 15-Apr-02 1,500,000.00 4.26
COMMERCIAL FEDERAL BANK CD 6-Jul-01 19-Apr-02 1,200,000.00 4.16
COMMERCIAL FEDERAL BANK CD 6-Jul-01 l-May-02 1,500,000.00 4.16
UNIVERSITY OF IOWA COMM CU CD l-Aug-01 3-May-02 1,200,000.00 3.95
FREEDOM SECURITY BANK CD 27-Jul-01 15-May-02 1,500,000,00 4.01
IOWA STATE BANK CD 6-Sep-01 17-May-02 1,200,000.00 3.65
COMMERCIAL FEDERAL BANK CD 31-May-01 31-May-02 663,221.00 4.24
IOWA STATE BANK CD 6-Sep-01 31-May-02 1,500,000.00 3.65
UNION PLANTERS BANK CD 11-Oct-01 31~May~02 1,300,000.00 2.85
UNION PLANTERS BANK CD 10-Oct-01 3-Jun-02 3,700,000.00 2.85
COMMERCIAL FEDERAL BANK CD 14-Nov-01 3-Jun-02 2,000,000.00 2.03
UNION PLANTERS BANK CD 11-Oct-01 14-Jun-02 2,800,000.00 2.86
FREEDOM SECURITY BANK CD 19-Oct-01 25-Jun-02 1,500,000.00 2.85
UNIVERSITY OF IOWA COMM CU CD 28-Jun-01 28-Jun-02 3,683,287.59 4.77
UNIVERSITY OF IOWA COMM CU CD 6-Nov-01 28-Jun-02 1,300,000.00 2.33
IOWA PUBLIC AGENCY INVEST TRUST FLEX CD 12*Dec-01 28-Jun-02 5,500,000.00 2.30
IOWA STATE BANK CD 9-Feb-01 l-Jul-02 1,200,000.00 5.36
HILLS BANK CD 1 l-Apr-01 l-Jul-02 1,900,000.00 4.95
UNIVERSITY OF IOWA COMM CU CD 6-Nov-01 lo Jul-02 1,000,000.00 2.46
COMMERCIAL FEDERAL BANK CD 14-Nov-01 1-Jul-02 1,300,000.00 2.03
UNIVERSITY OF IOWA COMM CU CD 6-Nov-01 12-Ju1-02 1,300,000.00 2.59
COMMERCIAL FEDERAL BANK CD 14-Nov-01 15-Ju1~02 1,500,000.00 2,03
COMMERCIAL FEDERAL BANK CD 14-Nov-01 26-Jul-02 1,300,00000 2.03
IOWA STATE BANK CD 14-Dec-01 l-Aug-02 1,500,000.00 2.15
IOWA STATE BANK CD 14-Dec-01 9~Aug-01 1,300,000.00 2.37
HILLS BANK CD 31-Aug-01 30-Aug-02 961,187.50 4.00
NORWEST BANK CD 31-Oct-97 31-Oct-02 1,418,463.00 6.49
HILLS BANK CD 30-Nov-00 29-Nov-02 889,744.00 6.95
Page 1
INSTITUTION INVESTMENT PURCHASE MATURITY INVESTMENT INTEREST
NAME TYPE DATE DATE AMOUNT RATE
COMMERCIAL FEDERAL BANK CD 6~Jul-01 7-Jan-03 500,000.00 4.66
UNIVERSITY OF IOWA COMM CU CD 30-Mar-00 28-Mar-03 765,338.00 7.14
UNIVERSITY OF IOWA COMM CU CD 31-May-00 30-May-03 977,423.00 7.425
UNION PLANTERS BANK CD 31-Oct197 l-Jul-03 250,000.00 6.50
UNION PLANTERS BANK CD 13-Ju1-98 11-Jul-03 3,511,400.00 5.92
FREEDOM SECURITY BANK CD 12-Dec-01 12-Dec-03 518,740.00 3.80
TOTAL $86,244,439.92
Page 2
CITY OF IOWA CITY
INVESTMENTS ON HAND
SUMMARY BY FUND
12/31/01 12/31/00
INSTITUTION INVESTMENT INVESTMENT
NAME AMOUNT AMOUNT
ALL OPERATING FUNDS 61,903,348.42 85,032,959.80
GENERAL OBLIGATION BOND FUND 2,000,000.00 0.00
EMPLOYEE BENEFIT RESERVE FUND 1,950,000.00 2,600,000.00
BOND RESERVE FUND 20,391,091.50 17,087,741.00
TOTAL 86,244,439.92 104,720,700.80
CITY OF IOWA CiTY
INVESTMENTS ON HAND
LISTING BY INSTITUTION
12/31/01 12/31/00
INSTITUTION INVESTMENT INVESTMENT
NAME AMOUNT AMOUNT
BRENTON BANK (NOW WELLS FARGO) 0.00 11,700,000.00
COMMERCIAL FEDERAL BANK 17,063,221.00 26,420,221.00
FIRSTAR BANK 3,235,575.00 18,397,805.00
FREEDOM SECURITY BANK 3,518,740.00 4,300,000.00
HAWKEYE STATE BANK 4,200,000.00 6,500,000.00
HILLS BANK & TRUST 6,200,931.50 7,889,744.00
IOWA STATE BANK 13,300,000.00 8,800,000.00
IOWA PUBLIC AGENCY INVESTMENT TRUST 11,720,060.83 13,113,729.80
UNION PLANTERS BANK 11,561,400.00 3,880,400.00
WELLS FARGO BANK 5,018,463.00 1,618,463.00
U OF I COMM CREDIT UNION 10,226,048.59 1,900,338.00
US TREASURY NOTES AND AGENCIES 0.00 0.00
VAN KAMPEN 200,000.00 200,000.00
TOTAL 86,244,439.92 104,720,700.80
CITY OF IOWA CITY
INVESTMENT ACTIVITY
FOR THE QUARTER ENDED DECEMBER 30, 2001
INVESTMENTS ON HAND AT 9/30/01 78,449,21391
INVESTMENT PURCHASE MATURITY INTEREST
INSTITUTION TYPE DATE DATE RATE
PURCHASES 10/1/01 TO 12/31/01
UNION PLANTERS BANK CD 10/10/01 6/3/02 2.85 3,700,000.00
UNION PLANTERS BANK CD 10/11/01 5/31/02 285 1,300,000.00
UNION PLANTERS BANK CD 10/11/01 6/14/02 2 86 2,800,000.00
FREEDOM SECURITY BANK CD 10/19/01 6/25/02 2.85 1,500,000,00
UNIVERSITY OF IOWA COMM CU CD 11/6/01 6/28/02 2.33 1,300,000.00
UNIVERSITY OF IOWA COMM CU CD 11/6/01 7/1/02 2.46 1,000,000.00
UNIVERSITY OF IOWA COMM CU CD 11/6/01 7/12/02 2.59 1,300,000.00
COMMERCIAL FEDERAL BANK CD 11/14/01 6~3~02 2.03 2,000,000.00
COMMERCIAL FEDERAL BANK CD 11/14/01 7/1/02 203 1,300,000.00
COMMERCIAL FEDERAL BANK CD 11/14/01 7/15/02 2.03 1,500,000.00
COMMERCIAL FEDERAL BANK CD 11/14/01 7/26/02 2.03 1,300,000.00
FREEDOM SECURITY BANK CD 12/12/01 12/12/03 3.80 518,740.00
IOWA PUBLIC AGENCY INVESTMENT
TRUST IPAIT 12/12/01 6/28/02 2.30 5,500,000.00
IOWA PUBLIC AGENCY INVESTMENT
TRUST IPAIT 12/14/01 N/A VARIABLE 1,000,000.00
IOWA STATE BANK CD 12/14/01 8/1/02 2.15 1,500,000.00
IOWA STATE BANK CD 12/14/01 8/9/02 2.37 1,300,000.00
TOTAL PURCHASES 28,818,740.00
REDEMPTIONS 10/1/01 TO 12/31/01
WELLS FARGO BANK CD 11/1/00 10/1/01 700 (1,200,000.0C
WELLS FARGO BANK CD 11/1/00 10/5/01 7.00 (1,100,000.00
COMMERCIAL FEDERAL BANK CD 11/14/00 10/15/01 6.77 (1,300,000.00
COMMERCIAL FEDERAL BANK CD 11/14/00 10/19/01 6.77 (1,100,000 00
COMMERCIAL FEDERAL BANK CD 11/14/00 10/31/01 6.77 (1,300,000.00
FIRSTAR BANK FLEX CD 9/28/01 10/31/01 5.98 122,318.49
COMMERCIAL FEDERAL BANK FLEX CD 12/14/00 MONTHLY DRAW 6.505 273,453.89
UNIVERSITY OF IOWA COMM CU FLEX CD 6/28/01 MONTHLY DRAW 4.77 439,973.42
IOWA PUBLIC AGENCY INVESTMENT
TRUST (PARTIAL REDEMPTION) IPAIT 7/19/00 MONTHLY DRAW VARIABLE 438,848.86)
COMMERCIAL FEDERAL BANK CD 11/14/00 11/2/01 6.77 (1,100,00000)
COMMERCIAL FEDERAL BANK CD 11/14/00 11/15/01 677 (1,300,000.00)
WELLS FARGO BANK CD 12/1/00 11/16/01 6.80 (1,100,000.00)
WELLS FARGO BANK CD 12/1/00 11/30/01 6.85 (3,000,000.00)
UNIVERSITY OF IOWA COMM CU FLEX CD 6/28/01 MONTHLY DRAW 477 (609,40358)
IOWA PUBLIC AGENCY INVESTMENT
TRUST (PARTIAL REDEMPTION) IPAIT 7/19/00 MONTHLY DRAW VARIABLE (275,06596)
COMMERCIAL FEDERAL BANK CD 1/8/01 12/14/01 5.30 (3,000,000.00)
COMMERCIAL FEDERAL @ANK CD 2/1/01 12/28/01 5505 (1,200,000 00)
IOWA STATE BANK CD 3/1/01 12/26/01 5.01 (1,200,00000)
IOWA PUBLIC AGENCY INVESTMENT
TRUST (PARTIAL REDEMPTION) IPAIT 7/19/00 MONTHLY DRAW VARIABLE (65,976.17)
UNIVERSITY OF IOWA COMM CU FLEX CD 6/28/01 MONTHLY DRAW 4.77 (898,473 62)
TOTAL REDEMPTIONS (21,023,51399)
INVESTMENTS ON HAND AT 12/31/01 86,244,43992
Iowa Professional Licensing Division Newsletter Distributed by Council Member Pfab
Jan/Feb/Mar 2002
A bulletin on Iowa open meetings and public records laws
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STAFF REPORT
To: Planning & Zoning Commission Prepared by: Robert Miklo, Senior Planner
Item: REZ01-00028/SUB01-000031, Hickory Heights, Date: January 3, 2002
Preliminary Plat and Sensitive Area
Development Plan
GENERAL INFORMATION:
Applicant: Hickory Heights, LLC
c/o Gary Watts
2346 Mormon Trek Boulevard
Iowa City, IA 52246
Contact Person: MMS Consultants
Phone: 351-8282
Requested Action: Sensitive Areas Overlay and preliminary
plat
Purpose: To allow a 20-lot residential subdivision
Location: South and west of Scott Boulevard
Size: 8.02 acres
Existing Land Use and Zoning: RS-5
Surroundin9 Land Use and Zoning: North: Undeveloped, RS-5 and RDP
South: Hickory Hill Park, P
East: Undeveloped, Residential and
Agricultural, IDRS and RS-5
West: Hickory Hill Park, P
Comprehensive Plan: This property is within the Northeast
Plannin9 District. The Comprehensive Plan
shows Office Research Park and
Residential at 2-8 dwelling units per acre.
File Date: December 13, 2001
45 Day Limitation Period: January 26, 2002
SPECIAL INFORMATION:
Public Utilities: City water and sewer service is available.
Public Services: The City will provide police and fire
protection and refuse and recycling
services.
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Transpodation: A transit stop is located on Dodge Street.
Physical characteristics: Rolling topography including steep, crticial
and protected slopes.
BACKGROUND INFORMATION:
The applicant, Hickory Heights LLC c/o Gary Watts, is requesting preliminary plat approval of
Hickory Heights, (a resubdivision of Lot 3 of the Press-Citizen Addition), an 18.2-acre, 20-lot
residential subdivision located south of Scott Boulevard, east of its intersection with Dodge
Street. The property is zoned Low Density Single-Family Residential (RS-5). The property
contains critical slopes (25%-39%) and 3rotected slopes (40%+) therefore a Sensitive Areas
Overlay rezoning is required.
ANALYSIS:
Comprehensive Plan: The Comprehensive Plan depicts this property as being appropriate for
residential development of 2-8 dwelling units per acre. Although this property is within the
Northeast District, the district plan does not contain any additional specific recommendations for
this property. The Northeast District Plan does contain specific recommendations to require a
buffer between Hickory Hill Park and development on the Larson property to the east of this
subdivision. When the Larson property is developed a rezoning will be required and the City
will be able to require the buffer as a condition of the rezoning. In this case however the RS-5
zoning is already in place and the City's review is limited to the subdivision standards and the
guidelines for critical and protected slopes per the sensitive areas ordinance. We may suggest
that the applicant consider clustering the development farther from the park to create a buffer,
but we do not have the legal ability to require a buffer. Each of the lots could be reduced in lot
width to the minimum 60-foot lot width required by zoning and the cul-de-sac length could be
reduced by about 200 feet. This would provide a buffer between the park and the dwellings to
be built upon the lots. However, based on the subdivision regulations and the guidelines of the
sensitive areas ordinance, the plat as submitted appears to meet City requirements.
Subdivision Design: The subdivision will be accessed by a new street, Hickory Heights Lane,
which will intersect with Scott Boulevard. The street will generally be located along the top of
the ridge located in the center of the property. All of the lots will be well over the minimum 8000
square feet required in the RS-5 zone. The smallest lot is just under half and acre, 19,556
square feet. The largest is nearly 2.5 acres, 105,116 square feet. All of the lots also exceed
the 60 foot minimum lot width required by zoning. The typical lots are 90 feet wide.
Sensitive Areas Ordinance: Grading of Critical Slopes is proposed on lots 1-9 to allow the
construction of the street and creation of building sites. The proposed grading appears to
comply with the intent of the Sensitive Areas Ordinance to minimize soil instability, landslides
and erosion and to preserve the scenic character of wooded hill sides. ~'rotected slopes are
located on lots 5 and 6. No grading is proposed on or near the protected slopes, and a
conservation easement is proposed around the protected slopes and the required 50-foot
buffer.
Neighborhood Open Space: The Neighborhood Open Space Ordinance requires the
dedication of open space or fees in lieu of land. The plat depicts the dedication of open space
to Hickory Hill Park adjacent to lot 11 and 12 and a trail access between lots 11 and 12. Total
open space to be dedicated equals 25,586 square feet The Parks and Recreation Commission
will consider this application at their January meeting. Because there are no paved trails in the
area of the park adjacent to this subdivision, the Parks & Recreation Director has indicated that
the trail access will not likely be improved with paving. Rather it will serve as an informal path
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between Hickory Heights Lane and the park.
Stormwater Management: This property is in an area served by a regional stormwater
management system located within Hickory Hill Park. This system has been designed to
accommodate stormwater from urban development on this property and the surrounding area.
The City Engineering Division has reviewed this area and finds that no additional stormwater
basins are required for this subdivision.
STAFF RECOMMENDATION:
Staff recommends that the sensitive areas overlay rezoning and preliminary plat of Hickory
Heights, an 18.2-acre, 20-lot residential subdivision located west of Scott Boulevard be
approved.
ATTACHMENTS:
1. Location map
2. Preliminary plat
3. Correspondence
Approved by:
Department of Planning and
Community Development
TO CITY OF IOWA CITY PLANNING/COMMUNITY DEVELOPMENT and
PLANNING AND ZONING COMMISSION
FROM: FRIENDS OF HICKORY HILL PARK
DATE: December 10, 2001
RE: Preliminary and Final Plat Press Citizen Addition, Iowa City, Iowa and
Preliminary Plat Hickory Heights, Iowa City, Iowa
Dear Staffand Commissioners:
After careful review of the above-named plats, Friends of Hickory Hill Park, a
group of citlzens dedicated to the protection and preservation of Hickory Hill Park, ask
you to not approve these plats as submitted for the following reasons:
1. The Press Citizen owns almost 34 acres; 11.41 acres where its business sits,
3.87 acres at the corner of North Dodge and Scott that it wishes to subdivide for
commercial development, and 18.20 acres that it wishes to subdivide as "reserved for
future development" that directly abut the public's land, Hickory Hill Park - these
most concern us.
The current owner, the Press Citizen, would like to subdivide and sell its holdings,
and let the public focus on the subdivision proposed by Gary Watts and Hickory Heights,
LLC, to build a residential development. We believe this would not best serve the public.
The Press Citizen could add covenants and easements as part of the deed to the next
owner that would greatly reduce the serious issues this property brings with it to the
public good. For that reason, and the others stated below, we ask that the Press
Citizen Addition Plat be denied or that, at the least, the vote be continned.
2. These plats are not in compliance with the Northeast District Plan. The
current RS~5 zoning (of the 18.20 acres) does not acknowledge the Sensitive Areas
Overlay that is clearly marked in the Northeast District Plan map of this property, with its
steep ravines with a small stream along its borders. The zoning should be updated to
reflect the intent oftbe Northeast District Plan, which is intended to over-ride old and
inappropriate zoning and to inform future development in this area. A
conservation/planned development zoning would be appropriate for this area.
The Northeast District Plan was passed long before these Applications for
Subdivision were submitted to the City of Iowa City and the owners and developers are
well aware of its contents. While there may be an acceptable way to develop this land
that complies with the intent of the Northeast District Plan, the present Plats do not.
The Northeast District Plan focuses prominently on preserving the natural beauty
of the area, of green open space as buffers between urban development and sensitive
features, and "incorporating and maintaining a green open space between Hickory
Hill Park and urban development to preserve the natural integrity of the park."
WE ASK THAT THE CITY SIMPLY ENFORCE ITS OWN PLANNING
I)OCUMENT.
3. The largest landowner/neighbor to the Press Citizen property is the City
of Iowa City, i.e. the public. Hickory Hill Park is. both an enormous public asset and
investment, whose 190 acres are worth millions of dollars. A $450,000.00 trail system
was just approved by the Parks and Recreation Department to upgrade the park and to
make it compliant with the Americans with Disabilities Act (ADA). The proposed
subdivision would quite literally be a taking of the public's land for private gain.
The taking would be a taking the public's ability to enjoy their property because of the
visual intrusion upon the park's vistas by a housing development.
Much of the 18.20 acres is a steep and prominent ridgetop that is visible bom
much of the park. The park's borders at 7t~ Avenue were not protected through easements
and proper zoning and the public's enjoyment has been severely compromised in that
area of the park by the inappropriate development there.
IT IS VITAL TO PROTECT THE PUBLIC'S INVESTMENT REPRESENTED BY
HICKORY HILL PARK.
4. The 18.20 acres is at the top of the watershed that flows down, and
through Hickory Hill Park, toward 7th Avenue. Much public money has been spent to
control flooding downstream. A large housing development built upon sensitive area land
will create run-off and stormwater management problems. The Hickory Heights Plat, as
drawn, essentially dumps stormwater drainage at the edge of its property onto the
public's land. This issue alone requires much more study to protect the interests of the
public and homeowners downstream.
IT IS VITAL TO PROTECT THE WATERSHED.
5. The preservation and protection of Hickory Hill Park is of great concern
to many citizens. It is exactly what opponents of the First Avenue extension predicted
would happen, in terms of negative impact on Hickory Hill Park and the watershed. The
timing of the hearings - a few days before the winter holidays - couldn't be worse for
public participation. People will be gone or very busy with their families. In fairness to
the public, a delay on the Commission's hearing and voting is requested
IT IS VITAL TO PRESERVE THE PUBLIC'S FULL PARTICIPATION I1N THIS
IMPORTANT ISSUE.
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THEREFORE, we kindly ask the fol!owing:
· Deny both plats as drawn;
· Delay the pubic hearing and Commission's vote until after the winter
holidays;
· Rezone the 18.20 acres so as to best reflect the intent of the Northeast District
Plan; and
· Sponsor a charrette or direct the owner/developers to meet with citizens to
arrive at the best possible outcome for all.
Contacts: David P_urdy_: (h) 354-6276
John Loomis: (w) 337-4905
Dianne Kaufman: (h) 339-1374; (w) 337-7079
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-- '~ ~ ~ RS8 ~.~, ID -RS
SITE LOCATION: No~h ScoR Blvd. SUB01-O0031
Preliminary Plat & Sensitive Areas Development Plan
'A Resubdivision of Lot 3, Press Citizen Addition" ----- I
HICKORY HEIGHT~ -~l
Iowa Oily, Iowa