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HomeMy WebLinkAbout2012-03-20 ResolutionMc�9 3c(8) Prepared by: Marian K. Karr, 410 E. Washington St., Iowa City, IA 52240 (319) 356 -5043 RESOLUTION NO. 12-107 RESOLUTION TO ISSUE DANCING PERMIT BE IT RESOLVED BY THE CITY COUNCIL OF IOWA CITY, IOWA, that a Dancing Permit as provided by law is hereby granted to the following named person and at the following described locations upon his/her filing an application, having endorsed thereon the certificates of the proper city officials as to having complied with all regulations and ordinances, having a valid beer, liquor, or wine license /permit, to wit: Caliente Night Club - 171 Highway 1 West Passed and approved this 20th day of MAYOR Pro tem, Approved by ' �L�JgF�W L!J March 2012 City Attorney's Office It was moved by Ghamnj n and seconded by_n„h�,nG _the Resolution be adopted, and upon roll call there were: AYES: NAYS: ABSENT: Champion x Dickens x Dobyns x _ x Hayek Mims x x Payne Throgmorton x 0 0-12 CITY OF IOWA CITY 3d(1) MEMORANDUM Date: March 81h, 2012 To: Tom Markus; City Manager From: Jeff Davidson, Planning and Community Development Director Re: March 20th City Council meeting agenda item; Mid -way pedestrian countdown signals and improved pedestrian refuge TSIP grant In 2011, Iowa City applied for $21,500 in Traffic Safety Improvement Program (TSIP) funds from the DOT to improve pedestrian refuge areas and install mid -way pedestrian signal buttons and countdown timers at the following intersections in Iowa City: • Melrose Avenue / West High School • Hwy 6 / Boyrum Street • Hwy 6 / Keokuk Street • Hwy 6 / Broadway Street • Hwy 6 / Fairmeadows Street This winter we received notification that Iowa City was awarded $21,500 in reimbursement for 100% of the cost of materials required for this project. Background: This project will provide refuge for pedestrians who cannot cross the wide, higher speed, and heavily travelled corridors in one signal cycle. The additional mid -way pedestrian countdown timers will also be easier for pedestrians to read from the curb. Discussion of Solution: The MUTCD now recommends the use of slower walking speed (3.5 feet/second) to calculate pedestrian clearance time. Installing mid -way pedestrian signal buttons will allow the timings to be set to the refuge area rather than the entire crossing distance. This will allow the City to set the side - street green times appropriately for the side street traffic volumes which will keep the traffic signals on the main line "in coordination ". This will help reduce congestion, delay, and driver frustration on Highway 6 and Melrose Avenue, especially during peak periods. Recommendation: Staff recommends approval of the TSIP grant resolution to improve pedestrian safety and traffic signal operation. Funding Source: There are no off - budget costs associated with this project. The costs for the purchase of all materials required for this project will be reimbursed by the DOT. The Streets Department has confirmed that the project will be completed by city staff in the upcoming year within the adopted FY12 and FY13 budgets. cc: John Yapp Rick Fosse Darian Nagle -Gamm Prepared by: Darian Nagle -Gamm, Traffic Engineering Planner, 410 E. Washington St. Iowa City, IA 52240 (319) 356 -5254 RESOLUTION NO. 12 -108 RESOLUTION APPROVING RECIEPT OF TRAFFIC SAFETY IMPROVEMENT PROGRAM (TSIP) FUNDS FOR PEDESTRIAN TRAFFIC CONTROL DEVICES ON HIGHWAY 6 AND MELROSE AVENUE 3J(I) WHEREAS, the Iowa Department of Transportation administers the Traffic Safety Improvement Program (TSIP), the purpose of which is to fund traffic engineering improvements which reduce vehicle collisions; and WHEREAS, the City of Iowa City has been awarded $21,500 in TSIP funds for reimbursement of the purchase of materials for pedestrian refuge area improvements, mid -way pedestrian buttons, and pedestrian countdown timers at five crosswalk locations on Highway 6 and Melrose Avenue; and WHEREAS, City of Iowa City Streets Department staff will complete the in -kind installation of enhanced pedestrian facilities in the upcoming year; and WHEREAS, a requirement of the grant application is a resolution officially approving the grant award and assuring that any funded improvements will be adequately maintained; and WHEREAS, The City of Iowa City's application and proposed project conforms with the MPOJC Long Range Multimodal Transportation Plan by reducing collisions and increasing the efficiency of the Highway 6 and Melrose Avenue corridors. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF IOWA CITY, IOWA, THAT: 1. The Mayor or designee is hereby authorized to execute the "Application Certification for Local Government." 2. The City Clerk is directed to certify a copy of this resolution and to file it with the Johnson County Recorder. 3. The City Manager or designee is hereby authorized to execute all necessary agreements and documents for said grant with the Iowa Department of Transportation. Passed and approved this 20th day of March, 2012, on a vote of 6 affirmative and o negative. dtW4�. Mayor Pro tem ATTEST: %���✓� 7� sI City Clerk Approved by;. nja City Attorney's ffice r _..� (•';�,ii •, I���t �i5� - V�i.'. . "ui �Ut -_�. t .:i�`�I� � �!Jii�. _ �C,' li t, _._ � t. __. Resolution No. 12 -108 Page 2 It was moved by Champion and seconded by nohynG the Resolution be adopted, and upon roll call there were: AYES: x x x x x x 10.1 %li-I ABSENT: Champion Dickens Dobyns Hayek Mims Payne Throgmorton r =t.F. ®_�� CITY OF IOWA CITY MEMORANDUM Date: March 9, 2012 To: Tom Markus, City Manager From: Marcia Bollinger, Public Art Program Coordinator Re: Donation of "All the Word's a Stage" BookMarks Sculpture to the City of Iowa City sa(2) Introduction: On March 20, 2012, the Iowa City City Council will be asked to accept a donation of the BookMark sculpture "All the Worlds a Stage" being donated by Gregory P. and Barbara Morse Black. This BookMark will be located adjacent to the Riverside Festival Stage in City Park. History /Background:. In June 2011, 25 unique BookMark statues were unveiled kicking off 6 months of celebrating reading, writing, and book art in Johnson County. Four additional statues debuted in July. All of these books were sponsored by various individuals and entities. These gigantic statues were created by artists from throughout the Midwest and were on display through the end of October in Coralville, Iowa City, North Liberty, and at the Eastern Iowa Regional Airport. On November 10, an auction was held to conclude the project with all proceeds going to benefit the Iowa City UNESCO City of Literature and the public libraries of Iowa City, Coralville and North Liberty. On December 6, 2011, the Iowa City City Council voted to accept the donation of three BookMark statues purchased by private individuals or entities. new ALL THE WORLDS A STAGE By Jo Myers - Walker Donated by Gregory P. and Barbara Morse Black Located adjacent to the Riverside Festival Stage in City Park. Recommendation: The City Council authorizes the acceptance of donated Bookmark sculpture "All the World's a Stage" as detailed in the donation agreement. Installation should occur in the next two weeks. W� 3 ,1 (4) Prepared by: Sarah E. Holecek, First Asst. City Atty., 410 E. Washington St., Iowa City, IA 319 - 356 -5030 RESOLUTION NO. 12 -109 RESOLUTION AUTHORIZING THE MAYOR TO SIGN AND THE CITY CLERK TO ATTEST DONATION AGREEMENTS FOR THE ACCEPTANCE OF "BOOKMARK" SCULPTURES UPON THE RECOMMENDATION OF THE PUBLIC ART ADVISORY COMMITTEE WHEREAS, a public art initiative included the creation and installation of "Bookmark" sculptures in public spaces throughout the City, which sculptures were auctioned to private parties at the end of the program; and WHEREAS, several purchasers of these sculptures wish to donate them to the City for further public display and /or use and the Iowa City City Council previously accepted three Bookmark sculptures on December 6, 2011, and WHEREAS, another Bookmark, "All the World's a Stage" is being offered to the City by Gregory P. and Barbara Morse Black and the Parks and Recreation Department has agreed to locate the Bookmark adjacent to the Riverside Festival Stage, and WHEREAS, the public art advisory committee reviewed this proposed donation and recommended acceptance of said sculpture as being in the public interest pursuant to the terms of the attached donation agreement at their March 8, 2012 meeting. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF IOWA CITY, IOWA, THAT: The City Council of Iowa City, Iowa finds it in the public interest to authorize the acceptance of the donated "Bookmark" sculpture under the terms of the attached donation agreement to enable said sculpture to be displayed or otherwise put to public use. 2. The Mayor is hereby authorized to sign and the City Clerk to attest the donation agreement for the acceptance of the "Bookmark" sculpture as recommended by the Public Art Advisory Committee. Passed and approved this 20th day of March , 2012. MAYOR Pro tem ATTEST: A �,7e,- X • i�t CITY CLERK Apprloved- City Attorney's e .._-� Resolution No. 12 -109 Page 2 It was moved by Champion and seconded by Dobyns the Resolution be adopted, and upon roll call there were: AYES: NAYS: ABSENT: x Champion x Dickens x Dobyns Hayek x Mims x Payne x Throgmorton CITY OF IOWA CITY PUBLIC ART PROGRAM AGREEMENT FOR CITY'S ACCEPTANCE OF DONATION OF "BOOKMARK" SCULPTURE THIS AGREEMENT is made on this 2othday of March , 2012, by and among the City of Iowa City (hereinafter "Owner "), and Gregory P. and Barbara Morse Black (hereinafter "Contributor "). WHEREAS, on the recommendation of the Iowa City Public Art Advisory Committee, Owner desires to accept as a gift the "Bookmark" sculpture entitled "AIII the World's a Stage" hereinafter referred to as "Art Work ". NOW, THEREFORE, in consideration of the mutual promises and undertakings contained herein, the parties agree as follows: 1. Contributor hereby conveys all of their right, title and interest in the Art Work to Owner as a donation and upon acceptance by Owner, the Art Work shall become Owner's sole property. Contributor acknowledges that he will not be compensated by Owner for such donation. 2. Owner intends to install the artwork for public exhibition, but reserves the right to alter the location of the Art Work, relocate the Art Work, remove the Art Work from public display and dispose of the Art Work pursuant to Paragraph 8 below. 3. Risk of Loss. The risk of loss or damage to the Art Work shall be borne by the Contributor until Owner takes possession of the Art Work. The Contributor shall not be responsible for loss or damage due to vandalism, theft, accidents, or acts of God once the Owner takes possession of the Art Work. 4. Warranties of Title: Contributor represents and warrants that, to the best of his knowledge: (a) the Art Work does not infringe upon any copyright; and (b) the Art Work is free and clear of any liens from any source whatever. 5. Warranties of Quality and Condition: Owner takes the Art Work as is and Contributor warrants that they know of no inherent defects in the Art Work and have not committed any act that would materially affect the quality, durability or longevity of the Art Work. 6. Copyright Disclosure: Contributor affirmatively states that they are not aware of whether the Art Work has been registered on the Register of Copyrights or otherwise copyrighted. 7. Contributors' Recognition. Upon installation or any future relocation of the Art Work, the Owner shall, at its expense, prepare and install at the site a plaque identifying the Artist, Contributor, the title of the Art Work, and the year of completion and shall reasonably maintain such notice to the extent as may be practicable. 8. Maintenance. Except as provided for herein, the Owner agrees that it will not intentionally 2 damage, alter, modify or change the Art Work without the prior written approval of the Contributor. Owner shall take reasonable steps to assure that the Art Work is properly maintained and protected for a reasonable period of time, however, Owner has no obligation to maintain the Art Work in perpetuity and may, in its sole discretion, dispose of said Art Work. Owner reserves the right to alter the location of the Art Work, relocate the Art Work, remove the Art Work from public display and dispose of the Art Work. 9. Permanent Record. Owner's Representative shall maintain on permanent file a record of this Agreement and the location and disposition of the Art Work. 10. Entire Agreement. This writing embodies the entire agreement and understanding between the parties hereto, and there are no other agreements and understandings, oral or written, with reference to the subject matter hereof that are not merged herein and superseded hereby. Con- fibutor Ir -.• i� •. ra Morse Black Owner / Susan Mims, Mayor. ._Prq.tem Attest: ,/ / /Z Z,2t� Marian K. K'dn, City Clerk Approved by: City Attorney's Office L 3ds> Prepared by Kimberly Sandberg, Public Works, 410 E. Washington St., Iowa City, IA (319)356 -5139 RESOLUTION NO. 12-110 RESOLUTION AUTHORIZING THE MAYOR TO SIGN AND THE CITY CLERK TO ATTEST A RENEWAL OF A LICENSE AGREEMENT FOR TEMPORARY USE OF PUBLIC RIGHT -OF -WAY BETWEEN THE CITY OF IOWA CITY, LANDOWNER MOKA JAVA LLC, AND TENANT IOWA CITY COFFEE COMPANY D /B /A JAVA HOUSE, FOR A SIDEWALK CAFE WHEREAS, the City of Iowa City is the custodian and trustee of the public right of way within the City; and WHEREAS, Moka Java LLC, as landlord, and Iowa City Coffee Company, d /b /a Java House, as tenant, applied for a renewal of a temporary use of the public right -of -way agreement at 211 'h Washington St., Iowa City, Iowa for a sidewalk cafe and anchored fencing thereon; and WHEREAS, City staff has reviewed the application, location, and specifications for the proposed sidewalk cafe and found these to be in compliance with City Code 10 -3 -3; and WHEREAS, such use of the public right -of -way is compatible with the public use thereof; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF IOWA CITY, IOWA THAT: The Mayor and City Clerk are hereby authorized and directed to respectively sign the 2012 renewal of License Agreement for Temporary Use of Public Right -of -Way, copy of which is on file with the Public Works Department. 2. The Public Works Department is hereby directed to record this Resolution and license agreement with the Johnson County Recorder at Applicant's expense. Passed and approved this 20th day of March , 2012. MAYOR Prot m ATTEST: ri - CITY-CLERK Approved by: City Attorney's Office Resolution No. 12 -110 Page 2 It was moved by Champion and seconded by Dobyns the Resolution be adopted, and upon roll call there were: AYES: NAYS: ABSENT: x Champion x Dickens x Dobyns x Hayek x Mims x Payne x Throgmorton W3 03-2- j L 2(4) Prepared by Kimberly Sandberg, Public Works, 410 E. Washington St., Iowa City, IA (319)356 -5139 RESOLUTION NO. 12-111 RESOLUTION AUTHORIZING THE MAYOR TO SIGN AND THE CITY CLERK TO ATTEST A RENEWAL OF A LICENSE AGREEMENT FOR TEMPORARY USE OF PUBLIC RIGHT -OF -WAY BETWEEN THE CITY OF IOWA CITY, LANDOWNER MARC MOEN, AND TENANT GRAZE IOWA CITY LLC D /B /A GRAZE, FOR A SIDEWALK CAFE WHEREAS, the City of Iowa City is the custodian and trustee of the public right of way within the City; and WHEREAS, Marc Moen, as landlord, and Graze Iowa City LLC, d /b /a Graze, as tenant, applied for a renewal of a temporary use of the public right -of -way agreement at 115 College St., Iowa City, Iowa for a sidewalk cafe and anchored fencing thereon; and WHEREAS, City staff has reviewed the application, location, and specifications for the proposed sidewalk cafe and found these to be in compliance with City Code 10 -3 -3; and WHEREAS, such use of the public right -of -way is compatible with the public use thereof; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF IOWA CITY, IOWA THAT: The Mayor and City Clerk are hereby authorized and directed to respectively sign the 2012 renewal of License Agreement for Temporary Use of Public Right -of -Way, copy of which is on file with the Public Works Department. 2. The Public Works Department is hereby directed to record this Resolution and license agreement with the Johnson County Recorder at Applicant's expense. Passed and approved this 20th day of March , 2012. MAYOR Pro t m ATTEST: CITYi CLERK Ap ved City Attorney's Office Resolution No. 12 -111 Page 2 It was moved by Champion and seconded by Dobyns the Resolution be adopted, and upon roll call there were: AYES: NAYS: ABSENT: x Champion x Dickens x Dobyns x Hayek x Mims x Payne x Throgmorton M �-g sd�s> Prepared by Kimberly Sandberg, Public Works, 410 E. Washington St., Iowa City, IA (319)356 -5139 RESOLUTION NO. 12 -112 RESOLUTION AUTHORIZING THE MAYOR TO SIGN AND THE CITY CLERK TO ATTEST A RENEWAL OF A LICENSE AGREEMENT FOR TEMPORARY USE OF PUBLIC RIGHT -OF -WAY BETWEEN THE CITY OF IOWA CITY, LANDOWNER AMBROSE PROPERTIES, LC, AND TENANT CAFFREY, INC. D /B /A DC'S, FOR A SIDEWALK CAFE WHEREAS, the City of Iowa City is the custodian and trustee of the public right of way within the City; and WHEREAS, Ambrose Properties, LC, as landlord, and Caffrey, Inc., d /b /a DC's, as tenant, applied for a renewal of a temporary use of the public right -of -way agreement at 124 S. Dubuque St., Iowa City, Iowa for a sidewalk cafe and anchored fencing thereon; and WHEREAS, City staff has reviewed the application, location, and specifications for the proposed sidewalk cafe and found these to be in compliance with City Code 10 -3 -3; and WHEREAS, such use of the public right -of -way is compatible with the public use thereof; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF IOWA CITY, IOWA THAT: The Mayor and City Clerk are hereby authorized and directed to respectively sign the 2012 renewal of License Agreement for Temporary Use of Public Right -of -Way, copy of which is on file with the Public Works Department. 2. The Public Works Department is hereby directed to record this Resolution and license agreement with the Johnson County Recorder at Applicant's expense. Passed and approved this 20th day of March , 2012. MAYOR Pro fem ATTEST: CITY CLERK Approved by: City Attorney's Office Resolution No. 12 -112 Page 2 It was moved by Champion and seconded by Dobyns the Resolution be adopted, and upon roll call there were: AYES: x x x x x x NAYS: ABSENT: Champion Dickens Dobyns Hayek Mims Payne Throgmorton M� 03-20- 12 3d(s) Prepared by: Liz Osborne, CD Division, 410 E. Washington St., Iowa City, IA 52240 (319)356 -5246 RESOLUTION NO. 12 -113 RESOLUTION AUTHORIZING THE MAYOR TO EXECUTE AND THE CITY CLERK TO ATTEST TO A SUBORDINATION AGREEMENT BETWEEN THE CITY OF IOWA CITY AND HILLS BANK AND TRUST, IOWA CITY, IOWA FOR PROPERTY LOCATED AT 225 HUNTINGTON DRIVE, IOWA CITY, IOWA. WHEREAS, the City of Iowa City is the owner and holder of a Forgivable Mortgage in the total amount of $31,842, executed by the owner of the property on November 19, 2009, recorded on November 24, 2009, in Book 4531, Page 595 through Page 600 in the Johnson County Recorder's Office covering the following described real estate: Unit 4 -A, Stonehenge Condominiums, Iowa City, Iowa, according to the Declaration thereof recorded in Book 3976, page 829, Records of the Johnson County Recorder. WHEREAS, Hills Bank and Trust is refinancing a Mortgage and is securing the loan with a Mortgage covering the real estate described above; and WHEREAS, it is necessary that the Forgivable Mortgage held by the City be subordinated to the loan of Hills Bank and Trust, secured by a proposed mortgage in order to induce Hills Bank and Trust to secure first position on such a loan; and WHEREAS, Hills Bank and Trust has requested that the City execute the attached subordination agreement thereby making the City's lien subordinate to the lien of said mortgage with Hills Bank and Trust; and WHEREAS, there is sufficient value in the above - described real estate to secure the City as a second lien, which is the City's original position. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF IOWA CITY, IOWA that the Mayor is authorized to execute and the City Clerk to attest the subordination agreement between the City of Iowa City and Hills Bank and Trust, Iowa City, Iowa. Passed and approved this 20th day of ' March , 2012 AYOR Pro to ATTEST: a4.ea � CITY LERK Approved City Attorney's Office Resolution No. 12 -113 Page 2 It was moved by Champion and seconded by Dobyns the Resolution be adopted, and upon roll call there were: AYES: NAYS: ABSENT: _X_ Champion -- Dickens x Dobyns x Hayek x Mims x Payne —_ Throgmorton SUBORDINATION AGREEMENT THIS AGREEMENT is made by and between the City of Iowa City, herein the City, and Hills Bank and Trust, Iowa City, Iowa, herein the Financial Institution. WHEREAS, the City is the owner and holder of certain Forgivable Mortgage which at this time is in the amount of $31,842, and was executed by Daniel J. Weaman (herein the Owner), dated November 19, 2009, recorded November 24, 2009, in Book 4531, Page 595 through Page 600, Johnson County Recorder's Office, covering the following described real property: Unit 4 -A, Stonehenge Condominiums, Iowa City, Iowa, according to the Declaration thereof recorded in Book 3976, page 829, Records of the Johnson County Recorder. WHEREAS, the Financial Institution has loaned the sum of $122,000 on a promissory note to be executed by the Financial Institution, securing a mortgage covering the real property described above; and WHEREAS, to induce the Financial Institution to make such loan, it is necessary that the Forgivable Mortgage held by the City be subordinated to the lien of the mortgage made by the Financial Institution. NOW, THEREFORE, in consideration of the mutual covenants and promises of the parties hereto, the parties agree as follows: 1. Subordination. The City hereby covenants and agrees with the Financial Institution that the above noted Forgivable Mortgage held by the City is and shall continue to be subject and subordinate to the lien of the mortgage about to be made by the Financial Institution. 2. Consideration. The City acknowledges receipt from the Financial Institution of One Hundred and Fifty Dollars ($150.00) and other good and valuable consideration for its act of subordination herein. 3. Senior Mortgage. The mortgage in favor of the Financial Institution is hereby acknowledged as a lien superior to the Forgivable Mortgage of the City. 4. Binding Effect. This agreement shall be binding upon and inure to the benefit of the respective heirs, legal representatives, successors, and assigns of the parties hereto. Dated this 20th day of March —'20 12 CITY OF IOWA CITY FINANCIAL INSTITUTION By Mayo Pro tem Attest: ww'�. M� I = CITY'S ACKNOWLEDGEMENT STATE OF IOWA ) ) SS: JOHNSON COUNTY ) By a&,aAwaa'a cs �3 , Vzt P�1 V- Tyu <4 Co' On this - ac 4-A day of MAauf- , 20 i8-- , before me, the undersigned, a Notary Public in and for the State of Iowa, personally appeared Susc►, M;,,., s and Marian K. Karr, to me personally known, and, who, being by me duly sworn, did say that they are the MayoNr d"Uty Clerk, respectively, of the City of Iowa City, Iowa; that the seal affixed to the foregoing instrument is the corporate seal of the corporation, and that the instrument was signed and sealed on behalf of the corporation, by authority of its City Council, as contained in -(tee) (Resolution) No. /A-- /13 passed (the Resolution adopted) by the City Council, under Roll Call No. -- of the City Council on the as **A day of AUjze -t.- , 20_!�.g_, and that Susan M; M s and Marian K. Karr acknowledged the execution of the instrument to be their voluntary act and deed and the voluntary act and deed of the corporation, by it voluntarily executed. 4—VAI SONDRAE FORT 0&t commisslon Number 159791 Sei i� • oW M, omm sslo n Explres Notary Public in and for the State of Iowa LENDER'S ACKNOWLEDGEMENT STATE OF IOWA ) ) ss: JOHNSON COUNTY ) On this G� day of % -lCwo' Notary Public in and for the State of Iowa, , 20 ( � , before me, the undersigned, a personally appeared Lf- w,cyZ►J� W(4vt to me personally known, who being by me duly sworn, did say that he /she is the � ict VKS�c"J- of N «S 1 G - ` l �'u SA co , that said instrument was signed on behalf of said corporation by authority of its Board of Directors; and that said V1 "z v Sir,Le; i acknowledged the execution of said instrument to be the voluntary act and deed of said corporation, by it and by him /her voluntarily executed. t STACEYBRADLEY Notary Public in nd for the State of Iowa _ Commission Number 727676 :<s My CO ssio Expires - - - - -- % - - �j s: 0 3 30-1)013 My Commission expire Prepared by: Liz Osborne, CD Division, 410 E. Washington St., Iowa City, IA 52240 (319)356 -5246 RESOLUTION NO. 12 -114 RESOLUTION AUTHORIZING THE MAYOR TO EXECUTE AND THE CITY CLERK TO ATTEST TO A SUBORDINATION AGREEMENT BETWEEN THE CITY OF IOWA CITY AND HILLS BANK AND TRUST, IOWA CITY, IOWA FOR PROPERTY LOCATED AT 35 THISTLE COURT, IOWA CITY, IOWA. WHEREAS, the City of Iowa City is the owner and holder of a Forgivable Mortgage in the total amount of $43,200, executed by the owners of the property on April 2, 2010, recorded on April 12, 2010, in Book 4575, Page 251 through Page 256 in the Johnson County Recorder's Office covering the following described real estate: Lot 150, Whispering Meadows Subdivision, Part Two to Iowa City, Iowa, according to the plat thereof recorded in Book 34, Page 99, Plat Records of Johnson County, Iowa. WHEREAS, Hills Bank and Trust is refinancing a Mortgage and is securing the loan with a Mortgage covering the real estate described above; and WHEREAS, it is necessary that the Forgivable Mortgage held by the City be subordinated to the loan of Hills Bank and Trust, secured by a proposed mortgage in order to induce Hills Bank and Trust to secure first position on such a loan; and WHEREAS, Hills Bank and Trust has requested that the City execute the attached subordination agreement thereby making the City's lien subordinate to the lien of said mortgage with Hills Bank and Trust; and WHEREAS, there is sufficient value in the above - described real estate to secure the City as a second lien, which is the City's original position. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF IOWA CITY, IOWA that the Mayor is authorized to execute and the City Clerk to attest the subordination agreement between the City of Iowa City and Hills Bank and Trust, Iowa City, Iowa. Passed and approved this 20th day of March , 20j_?_ MAYOR Prot m ATTEST: CITY CLERK 3d(7) Ad 3-c3, 13 City Attorney's Office Resolution No. 12 -114 Page 2 It was moved by Champion and seconded by Dobyns the Resolution be adopted, and upon roll call there were: AYES: NAYS: ABSENT: x Champion x Dickens x Dobyns Hayek —_ Mims x Payne —_ Throgmorton SUBORDINATION AGREEMENT THIS AGREEMENT is made by and between the City of Iowa City, herein the City, and Hills Bank and Trust, Iowa City, Iowa, herein the Financial Institution. WHEREAS, the City is the owner and holder of certain Forgivable Mortgage which at this time is in the amount of $43,200, and was executed by Megan A. Recker (herein the Owner), dated April 2, 2010, recorded April 12, 2010, n Book 4575, Page 251 through Page 256, Johnson County Recorder's Office, covering the following described real property: Lot 150, Whispering Meadows Subdivision, Part Two to Iowa City, Iowa, according to the plat thereof recorded in Book 34, Page 99, Plat Records of Johnson County, Iowa WHEREAS, the Financial Institution has loaned the sum of $ 107,500.00 on a promissory note to be executed by the Financial Institution, securing a mortgage covering the real property described above; and WHEREAS, to induce the Financial Institution to make such loan, it is necessary that the Forgivable Mortgage held by the City be subordinated to the lien of the mortgage made by the Financial Institution. NOW, THEREFORE, in consideration of the mutual covenants and promises of the parties hereto, the parties agree as follows: 1. Subordination. The City hereby covenants and agrees with the Financial Institution that the above noted Forgivable Mortgage held by the City is and shall continue to be subject and subordinate to the lien of the mortgage about to be made by the Financial Institution. 2. Consideration. The City acknowledges receipt from the Financial Institution of One Hundred and Fifty Dollars ($150.00) and other good and valuable consideration for its act of subordination herein. 3. Senior Mortgage. The mortgage in favor of the Financial Institution is hereby acknowledged as a lien superior to the Forgivable Mortgage of the City. 4. Binding Effect. This agreement shall be binding upon and inure to the benefit of the respective heirs, legal representatives, successors, and assigns of the parties hereto. Dated this 20th day of March , 20_y_. CITY OF IOWA CITY FINANCIAL INSTITUTION By Mayot Pro tem Attest: CITY'S ACKNOWLEDGEMENT . STATE OF IOWA ) ) SS: JOHNSON COUNTY ) By P\aWecca,T>e Card? I/r'zz Pr�sld�n� -' t+ (s Pah k Zrusd w On this jo-fh day of MaRCfr , 20 ice- , before me, the undersigned, a Notary Public in and for the State of Iowa, personally appeared Susar% /V); ,s and Mariam K. Karr, tome personally known, and, who, being by me duly sworn, did say that they are the Mayor ang"'City Clerk, respectively, of the City of Iowa City, Iowa; that the seal affixed to the foregoing instrument is the corporate seal of the corporation, and that the instrument was signed and sealed on behalf of the corporation, by authority of its City Council, as contained in (0mlinance) (Resolution) No. /a- iii passed (the Resolution adopted) by the City Council, under Roll Call No. — of the City Council on the ao -�*4 day of &\ARew , 20 i -L , and that &ASg rk M ; ►..s and Marian K. Karr acknowledged the execution of the instrument to be their voluntary act and deed and the voluntary act and deed of the corporation, by it voluntarily executed. *0W AISONDRAE FORT Commission Number 159791 My Commission Expires -S I-ZOIS Notary Public in and for the State of Iowa LENDER'S ACKNOWLEDGEMENT STATE OF IOWA ) ) ss: JOHNSON COUNTY ) On this day of 20 before me, the undersigned, a Notary Public in and for the State of Iowa, personally appeared k.h_cc--0cL- )C(1,cU , to me personally known, who being by me duly sworn, did say that he /she is the Vi C_L�rr -Iic .z,,A- of N S I.M(- t� - (-.- , that said instrument was signed on behalf of said corporation by authority of its Board of Directors; and that said acknowledged the execution of said instrument to be the voluntary act and deed of said corporation, by it and by him /her voluntarily executed. f v� STAMYSPADLEY Notary Public 0a: for the State of Iowa oanmMMoo Nurtibw 727676 My Commission expires: r CITY OF IOWA CITY 03 -20 -12 .� 3eI2I MEMORANDU DATE: March 9, 2012 TO: Tom Markus, City Manager FROM: Ron Knoche, Acting Public Works Director RE: Iowa City Industrial Campus Railroad Improvements Project March 20, April 3, and May 1 Introduction: This project will install the railroad infrastructure for the Iowa City Industrial Campus along 420th Street. Previous projects have upgraded the roadway infrastructure and utilities such as water and sanitary sewer to this area. This is the final phase of work. History /Background: The comprehensive plan calls for industrial development in this area. It will create almost 50 acres of shovel ready lots for a targeted wind energy market. Shovel ready is a desired market classification meaning the lots have good access and are properly served by all necessary utilities for the targeted end user. This area of Iowa City is shown to have industrial usage in the comprehensive plan since it has good highway and railroad access. The City has targeted wind energy suppliers as possible end users of these lots. The City purchased the farm in 2008 with the idea of creating an industrial development that would be able to have the large lot sizes requested by these end users. In 2009 the City hired Foth Companies to acquire the necessary environmental permits, design the project and create the plans, legal plats and specifications for construction. Discussion of Solution: Railroad improvements are a necessary part of a viable industrial development. The design and construction of all the improvements to this area have been ongoing for several years. This is the final part of the industrial campus development. After this final phase is complete, the lots will be shovel ready for the targeted end users. Financial Impact: The estimated construction cost for this project is $1,665,000 and will be funded by a $1,056,000 State Railroad Grant and General Fund CIP Funding. Recommendation: Staff recommends proceeding with the following schedule for this project: March 20 Set Public Hearing April 3 Hold Public Hearing and Approve Plans and Specs May 1 Award Project to contractor May 7, 2012 through Construction November 30, 2012 cc: Rick Fosse, Public Works Director Daniel Scott, Project Engineer Prepared by: Daniel Scott, Public Works, 410 E. Washington St., Iowa City, IA 52240, (319)356 -5144 RESOLUTION NO. 12-115 RESOLUTION SETTING A PUBLIC HEARING ON APRIL 3, 2012 ON PLANS, SPECIFICATIONS, FORM OF CONTRACT, AND ESTIMATE OF COST FOR THE CONSTRUCTION OF THE IOWA CITY INDUSTRIAL CAMPUS RAILROAD IMPROVEMENTS PROJECT, DIRECTING CITY CLERK TO PUBLISH NOTICE OF SAID HEARING, AND DIRECTING THE CITY ENGINEER TO PLACE SAID PLANS ON FILE FOR PUBLIC INSPECTION. WHEREAS, funds for this project are available in the Iowa City Industrial Campus Project account # 4512 - 434710. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF IOWA CITY, IOWA: That a public hearing on the plans, specifications, form of contract, and estimate of cost for the construction of the above - mentioned project is to be held on the 3`d day of April, 2012, at 7:00 p.m. in the Emma J. Harvat Hall, City Hall, Iowa City, Iowa, or if said meeting is cancelled, at the next meeting of the City Council thereafter as posted by the City Clerk. 2. That the City Clerk is hereby authorized and directed to publish notice of the public hearing for the above -named project in a newspaper published at least once weekly and having a general circulation in the City, not less than four (4) nor more than twenty (20) days before said hearing. 3. That the copy of the plans, specifications, form of contract, and estimate of cost for the construction of the above -named project is hereby ordered placed on file by the City Engineer in the office of the City Clerk for public inspection. Passed and approved this 20th day of March , 2012 MAYOR Pro tem Q Approved by ATTEST: CIT ERK City Attorney's Office 3`�llz pweng/res1setph- 420thSt1 CP. doc Resolution No. 12 -11 Page 2 It was moved by Champion and seconded by Dobyns the Resolution be adopted, and upon roll call there were: AYES: x x x x_ x x NAYS: ABSENT: Champion Dickens Dobyns Hayek Mims Payne Throgmorton r CITY OF IOWA CITY 3e(3) MEMORANDUM Date: March 8, 2012 To: Tom Markus, City Manager From: Rick Fosse, Public Works Director Re: Lower Muscatine Road Reconstruction Project (Kirkwood Ave. to 1St Ave.) — March 20, April 3, May 1 Introduction: The proposed project involves the reconstruction of Lower Muscatine Road from Kirkwood Avenue to 1st Avenue, incorporating complete streets design. The existing four -lane section from DeForest Avenue to 1st Avenue will be converted to a three -lane section that includes a continuous center left turn lane. The existing two -lane section from Kirkwood Avenue to DeForest Avenue will remain a two -lane section from Kirkwood Avenue to Sycamore Street, and expand to a three -lane section beyond Sycamore Street. An eight -foot sidewalk will also be installed on the northeast side of Lower Muscatine Road. Sycamore Street will be realigned to create a more perpendicular intersection with Lower Muscatine Road, and provide access to Kirkwood Community College and MidAmerican Energy. The intersections along Lower Muscatine Road at Mall Drive and 1st Avenue will continue to be signalized, while an additional traffic signal will be added at the Sycamore Street intersection. City utility improvements to be included as part of this project are a new storm sewer system, a new roadway lighting system, a section of new sanitary sewer, and upgrades to the water main. History /Background: As Kirkwood Community College has continued to expand their Iowa City campus, it has created additional demands to the surrounding transportation network, and Lower Muscatine Road in particular. In addition, Lower Muscatine Road includes minimal storm sewer facilities, deteriorating pavement, and does not meet current design standards. Based on these issues, traffic congestion and the safety of drivers, bicyclists and pedestrians have become increasing concerns throughout the corridor. Discussion of Solutions: Design for this project has progressed for several years, including several public meetings and ongoing public input. Throughout the design process, the basic design criteria have remained, such as two -lane and three -lane cross - sections throughout the residential and commercial sections of the project, respectively. However, design considerations were made for individual properties, and the project as a whole, based on feedback from the public. Based on this feedback, the project evolved to include additional details, such as bus turnouts, to help improve the project and surrounding areas. Financial Impact: The estimated construction cost for this project is $5,649,000 and will be funded with Federal Surface Transportation Program (STP) proceeds, Water revenues, Wastewater revenues, General Obligation bond proceeds and a contribution from Kirkwood Community College. Recommendation: Staff recommends proceeding with the following schedule for this project: March 20 — Set public hearing April 3 — Hold public hearing May 1 — Award project to contractor May 2012 thru September 2013 — Construction Cc: Ron Knoche, City Engineer Jason Havel, Civil Engineer M� Prepared by: Jason Havel, Civil Engineer, 410 E. Washington St., Iowa City, IA 52240, (319)356 -5410 RESOLUTION NO. 12 -116 RESOLUTION SETTING A PUBLIC HEARING ON APRIL 3, 2012 ON PLANS, SPECIFICATIONS, FORM OF CONTRACT, AND ESTIMATE OF COST FOR THE CONSTRUCTION OF THE LOWER MUSCATINE ROAD RECONSTRUCTION PROJECT (KIRKWOOD AVE. TO 1ST AVE.), DIRECTING CITY CLERK TO PUBLISH NOTICE OF SAID HEARING, AND DIRECTING THE CITY ENGINEER TO PLACE SAID PLANS ON FILE FOR PUBLIC INSPECTION. WHEREAS, funds for this project are available in the Lower Muscatine - Kirkwood to First Avenue account # 3803. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF IOWA CITY, IOWA: 1. That a public hearing on the plans, specifications, form of contract, and estimate of cost for the construction of the above - mentioned project is to be held on the 3`d day of April, 2012, at 7:00 p.m. in the Emma J. Harvat Hall, City Hall, Iowa City, Iowa, or if said meeting is cancelled, at the next meeting of the City Council thereafter as posted by the City Clerk. 2. That the City Clerk is hereby authorized and directed to publish notice of the public hearing for the above -named project in a newspaper published at least once weekly and having a general circulation in the City, not less than four (4) nor more than twenty (20) days before said hearing. 3. That the copy of the plans, specifications, form of contract, and estimate of cost for the construction of the above -named project is hereby ordered placed on file by the City Engineer in the office of the City Clerk for public inspection. Passed and approved this 20th day of March , 20__. ATTEST: CITY CLERK pweng /res/setph- Iwrmusc reconstruct.doc MAYOR Pro t6 Approved by City Attorney's Office MI (2- Resolution No. 12 -116 Page 2 It was moved by Champion and seconded by Dobyns the Resolution be adopted, and upon roll call there were: AYES: x x x x x x NAYS: F41130 Die I IF Champion Dickens Dobyns Hayek Mims Payne Throgmorton M�q -Z q--(4) Prepared by: Steven J. Rackis, ICHA Administrator 410 E. Washington St., Iowa City, IA 52240; 319 -887- 6065 RESOLUTION NO. 12 -117 CONSIDER A RESOLUTION SETTING A PUBLIC HEARING FOR MAY 15, 2012, FOR THE IOWA CITY HOUSING AUTHORITY'S ANNUAL PLAN FOR FISCAL YEAR 2012 AND DIRECTING CITY CLERK TO PUBLISH NOTICE OF SAID HEARING. WHEREAS, the City Council of the City of Iowa City functions as the Iowa City Housing Authority and the Department of Housing and Urban Development requires adoption of an updated Annual Plan; and, WHEREAS, the Iowa City Housing Authority is required to update the Annual Plan under the Quality Housing and Work Responsibility Act of 1998 ( "QHWRA "); and, WHEREAS, the Annual Plan is submitted yearly; and, WHEREAS, the Annual Plan is a comprehensive guide. to the Iowa City Housing Authority's policies, programs, operations and strategies for meeting local housing needs and goals; WHEREAS, The Annual Plan also serves as the annual application for grants to support improvements to public housing buildings (Capital Fund Program); WHEREAS, the QHWRA requires that the plans be made available to the public for review not later than 45 days before the public hearing is to take place. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF IOWA CITY, IOWA, THAT: A public hearing for the Iowa City Housing Authority's Annual Plan for Fiscal Year 2012 should be and is hereby set for 7:00 PM, May 15, 2012, in Emma Harvat Hall of City Hall, 410 E Washington Street, Iowa City, Iowa or if said meeting is cancelled, at the next meeting of the City Council thereafter as posted by the City Clerk. 2. The City Clerk is hereby authorized and directed to publish notice of the public hearing for the above named proposal in a newspaper published at least once weekly and having a general circulation in the City, in accordance with applicable laws. Copies of the Annual Plan for Fiscal Year 2012 are available in the Iowa City Housing Authority offices for review. Passed and approved this 20th day of March ATTEST: (�Ht-CLERK 2012 MAYOR Pro to Approved by 3 'd C) . t'N. City Attorney's Office Resolution No. Page 2 12 -117 It was moved by Champion and seconded by Dobyns the Resolution be adopted, and upon roll call there were: AYES: x x x x x x NAYS: ABSENT: x Champion Dickens Dobyns Hayek Mims Payne Throgmorton M_�y - - 9 Prepared by: Robert Miklo, Senior Planner, 410 E. Washington St., Iowa City, IA 52240 (319) 356 -5240 (SUB11- 00016) RESOLUTION NO. 12 -118 RESOLUTION APPROVING FINAL PLAT OF THE PATEL ADDITION, IOWA CITY, IOWA. WHEREAS, the owner, Ravi Lodging, Inc., filed with the City Clerk the final plat of the Patel Addition, Iowa City, Iowa, Johnson County, Iowa; and WHEREAS, the applicant has requested a waiver of the preliminary plat, and WHEREAS, said subdivision is located on the following- described real estate in Iowa City, Johnson County, Iowa, to wit: BEGINNING at the Southwest corner of Lot 1 of Sturgis Corner Addition, Iowa City, Iowa, in accordance with the Plat thereof recorded in Plat Book 16, at Page 12, in the Records of the Johnson County Recorder's Office; Thence N06 °04'09 "W, along the West line of said Lot 1, a distance of 69.54 feet; Thence Northwesterly, 78.35 feet, along said West line, and an arc of a 76.00 foot radius curve, concave Southwesterly, whose 74.92 foot chord bears N35 °40'41 "W, to the Northwest corner thereof, Thence S90 °00'00 "E, along the North line of said Lot 1, and the North line of the parcel of land as described in a Quit Claim Deed, as recorded in Book 3224, at Page 258, in the Records of the Johnson County Recorder's Office, and the North line of the Right -of -Way Acquisition Plat, as recorded in Book 3081, at Page 119, in the Records of the Johnson County Recorder's Office, a distance of 507.73 feet, to a point on the Westerly top of bank of the Iowa River; Thence S10 °38'00 "E, along said Westerly top of bank, 177.10 feet, to a point on the South line of said Right -of -Way Acquisition Plat; Thence S90 °00 "00 "W, along said South line, 298.31 feet, to the Southwest corner thereof, and a point on the East line of the parcel of land as described in a Warranty Deed, as recorded in Book 3081, at Page 119, in the Records of the Johnson County Recorder's Office; Thence S32 °19'23 "E, along said East line, 31.64 feet, to the Southeast corner thereof, and a point on the North line of the parcel of land as described in a Warranty Deed, as recorded in Book 3805, at Page 87, in the Records of the Johnson County Recorder's Office; Thence S81 °00'02 "E, along said North line, 58.88 feet, to the Northeast corner thereof; Thence S09 °03'19 "W, along the East line of said Warranty Deed, 80.39 feet, to the Southeast corner thereof; Thence S61 °14'11 "W, along the South line of said Warranty Deed, 127.85 feet, to the Southwest corner thereof; Thence N34 °58'03 "W, along the West line of said Warranty Deed, and the West line of said Warranty Deed recorded in Book 3081, at Page 119, a distance of 218.86 feet; Thence Northwesterly, 44.97 feet, along said West line, and an arc of a 92.29 foot radius curve, concave Northeasterly, whose 44.53 foot chord bears N20 °59'33 "W, to said POINT O F BEGINNING. Said Tract. of land contains 2.52 acres and is subject to easements and restrictions of record. WHEREAS, the Department of Planning and Community Development and the Public Works Department examined the proposed final plat and subdivision, and recommended that the preliminary plat be waived and the approval of the final plat; and WHEREAS, a dedication has been made to the public, and the subdivision has been made with the free consent and in accordance with the desires of the owners and proprietors; and WHEREAS, said final plat and subdivision are found to :conform with Chapter 354, Code of Iowa (2011) and all other state and local requirements. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF IOWA CITY, IOWA, THAT: Resolution No. 12 -118 Page 2 1. The requirement for a preliminary plat is hereby waived. 2. The said final plat and subdivision located on the above - described real estate be and the same are hereby approved. 3. The City accepts the dedication of the easements as provided by law. 4. The Mayor and City Clerk of the City of Iowa City, Iowa, are hereby authorized and directed, upon approval by the City Attorney, to execute all legal documents relating to said subdivision, and to certify a copy of this resolution, which shall be affixed to the final plat after passage and approval by law. The City Clerk shall record the legal documents and the plat at the office of the County Recorder of Johnson County, Iowa at the expense of the owner /subdivider. Passed and approved this 20th day of March 12012 ATTEST: P� CITY LERK MAYOR Prot m Approved by City Attorneys Office 3// 3l j It was moved by Dickens and seconded by Pay_ nP the Resolution be adopted, and upon roll call there were: AYES: NAYS: ABSENT: X Dobyns X Champion X_ Dickens X Hayek X Mims X Payne X Throgmorton pcd /templates /Final Plat - Resolution.doc.doc i 0 00 O ��, 0 L oQ Q Q n a to O O m a 3 N CM) CM) a N aL d o -v -v Q a 2 fo 0 P 0 -i W Lr-1 tz AS a m CO Z m � of a O �r aca d a Q c s _iaEig Or- o $ g£;q S 366$ §5$•t6 Q(L 0) 64 � � aS @BY 63� bE ng a 3qd2 figg6sn re ad5�R Ig Y5g5�n �y6� if arala< / 11 9 11 1 r 5 4 E 3AWL MISUMU Roos PS 1=444 �Zg S upia 30MUZAIM O� ? V V IN AS a m CO Z m � of a O �r aca d a Q c s _iaEig Or- o $ g£;q S 366$ §5$•t6 Q(L 0) 64 � � aS @BY 63� bE ng a 3qd2 figg6sn re ad5�R Ig Y5g5�n �y6� if arala< / 11 9 11 1 r 5 4 E 3AWL MISUMU Roos PS 1=444 �Zg S upia 30MUZAIM v � / 0100 i i;oQQ O� ? V z,Wo LLJ Fit EL (L v � / 0100 i i;oQQ RESOLUTION NO. 12 -119 PUBLIC HEARING AND RESOLUTION APPROVING PROCEEDING WITH THE ISSUANCE AND SALE OF NOT TO EXCEED $5,376,250 AGGREGATE PRINCIPAL AMOUNT OF MIDWESTERN DISASTER AREA REVENUE BONDS (IOWA CANCER CURE PROJECT) SERIES 2012 OF THE CITY OF IOWA CITY, IOWA, AND RELATED MATTERS. WHEREAS, the City of Iowa City, Iowa, (the "City "), is authorized and empowered by Chapter 419 of the Code of Iowa, as amended, (hereinafter "Act") to issue Midwestern Disaster Area revenue bonds for the purpose of defraying the cost of acquiring, constructing and improving an approximate 24,000 square foot, two story medical office building for use as a radiation oncology clinic and other medical uses located at 3010 Northgate Drive, Iowa City, Iowa (hereinafter "Project ") and to loan the proceeds from the sale of such bonds, pursuant to a Loan Agreement, to Iowa Cancer Cure, L.L.C., an Iowa limited liability company (hereinafter referred to as the "Borrower "), to be used for the aforesaid purposes; and WHEREAS, a notice of hearing on the proposal to issue not to exceed $5,376,250 aggregate principal amount of Midwestern Disaster Area Revenue Bonds (Iowa Cancer Cure Project) (the "Bonds "), of the City of Iowa City, Iowa, has been published as required by law; and WHEREAS, a public hearing has been held at the time and place as specified in said notice of hearing and any and all objections or other comments relating to such Bonds have been heard and it is deemed to be in the best interests of the City, that said Bonds be issued as proposed. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Iowa City, Iowa, as follows: Section 1. That it is hereby determined that it is necessary and advisable that the City proceed with the issuance of its Midwestern Disaster Area Revenue Bonds (Iowa Cancer Cure Project) in an amount not to exceed $5,376,250, all as authorized and permitted by the Act and Sections 103 and 141 -150 of the Internal Revenue Code of 1986, as amended, (the "Code ") and to loan the proceeds of the sale of the Bonds to the Borrower, all upon terms and conditions mutually satisfactory to the City and the Borrower. Section 2. That at the public hearing conducted by this Council as required by the Act and Section 147(f) of the Code and pursuant to published notice, all persons who appeared were given an opportunity to express their views for or against the proposal to issue said Bonds and it is hereby determined that any and all objections to the issuance of the said Bonds, are hereby overruled. Section 3. That the City Council shall proceed with the necessary proceedings relating to the issuance of said Bonds upon reasonable advance notice from the Borrower that satisfactory financing terms have been agreed upon with the proposed purchasers, that it has received an allocation of Midwestern Disaster Area bonds from the Iowa Finance Authority and the necessary determination by the governor of the State of Iowa, or his designee, and the required documentation has been prepared by Bond Counsel, and approved by all other parties, including the City's legal counsel and the City Attorney of the City of Iowa City, Iowa. {01177531.DOC} Resolution No. 12 -119 Page 2 Section 4. That said Bonds, if issued, and the interest thereon, will be payable solely out of the revenues derived from the financing of said Project and shall never constitute an indebtedness of the City of Iowa City, Iowa, within the meaning of any state constitutional provision, or statutory limitation, and shall not constitute nor give rise to a pecuniary liability of said the City of Iowa City, Iowa, or a charge against its general credit or taxing powers. Section 5. All Resolutions and Orders or parts thereof, in conflict herewith are, to the extent of such conflict, hereby repealed and this Resolution shall be in full force and effect immediately upon its adoption. Adopted and approved this 20th day of March, 2012. CITY OF IOWA CITY, IOWA, (Corporate Seal)�(L Susan Mims, Mayor: Pro tem Attest: MARIAN K. KARR, City Clerk (01177531.DOC) Resolution No. 12 -119 Page 3 It was moved by Champ ion and seconded by Dobvns the Resolution be adopted, and upon roll call there were: AYES: NAYS: ABSENT: x x x x x x Champion Dickens Dobyns Hayek Mims Payne Throgmorton r 12 *,`,`f. . 4 CITY OF IOWA CITY M E M 0 RA N D U M Date: March 8, 2012 To: Tom Markus, City Manager From: Jeff Davidson, Director, Planning and Community Development Re: March 20, 2012 City Council Meeting agenda item; Resolution changing the name of the Riverfront Crossings Urban Renewal Plan and Urban Renewal Area to the Riverside Drive Urban Renewal Plan and Urban Renewal Area Introduction The existing Riverfront Crossings Urban Renewal Plan and Urban Renewal Area was established by the City Council in 2011 for the purpose of enabling TIF funding of redevelopment projects in the Riverside "Drive area west of the Iowa River. This was done because a pending redevelopment project had indicated a possibility that they would apply for financial assistance from the City. History /Background The Urban Renewal Plan and Urban Renewal Area in the vicinity of Riverside Drive was named "Riverfront Crossings" because it had been planned to add this area to the larger Riverfront Crossings area east of the Iowa River when an Urban Renewal Plan and Urban Renewal Area were established for Riverfront Crossings east of the Iowa River. Subsequent decision - making has led us to now plan to expand the City - University (downtown) Urban Renewal Plan and Urban Renewal Area to include Riverfront Crossings east of the Iowa River. This has resulted in confusion when the area west of the Iowa River is referred to as "Riverfront Crossings ". Discussion of Solution To eliminate confusion and bring clarity it is suggested that the Riverfront Crossings Urban Renewal Plan and Urban Renewal Area in the vicinity of Riverside Drive be designated the Riverside Drive Urban Renewal Plan and Urban Renewal Area. Recommendation City staff recommends approval of the resolution. Funding Source There are no funding implications with the proposed name change. cc: Eleanor Dilkes P pdd i r /memos /riverfrcross. doc m�) Prepared by: Jeff Davidson, Director, PCD, 410 E. Washington St., Iowa City, IA 52240 (319) 356 -5232 RESOLUTION NO. 12 -120 RESOLUTION CHANGING THE NAME OF THE RIVERFRONT CROSSINGS URBAN RENEWAL PLAN AND URBAN RENEWAL AREA TO THE RIVERSIDE DRIVE URBAN RENEWAL PLAN AND URBAN RENEWAL AREA. WHEREAS, the City of Iowa City has established the Riverfront Crossings Urban Renewal Plan and Urban Renewal Area for the purposes of economic development and remediation of slum and blight in the area west of the Iowa River, south of Burlington Street and north of Highway 6; and WHEREAS, said name was designated because of the anticipation that this area would be added to the Urban Renewal Area for the larger Riverfront Crossings area east of the Iowa River; and WHEREAS, the City now intends to encompass said area within the City - University Urban Renewal Area; and WHEREAS, there has been confusion over the Urban Renewal Area in the vicinity of Riverside Drive being called Riverfront Crossings; and WHEREAS, changing the name of the Riverfront Crossings Urban Renewal Plan and Urban Renewal Area to the Riverside Drive Urban Renewal Plan and Urban Renewal Area would provide needed clarity. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF IOWA CITY, IOWA, THAT: 1. The existing Riverfront Crossings Urban Renewal Plan and Urban Renewal Area is hereby renamed the Riverside Drive Urban Renewal Plan and Urban Renewal Area. 2. Any subsequent TIF ordinance developed in this Urban Renewal Area shall refer to the Riverside Drive Urban Renewal Area. Passed and approved this 20th day of March , 2012 /MAYOR pro 4em. Approved by ATTEST: WCf vh,-� CITY'CLERK City Attorney's Office6I9 f 12 M Resolution No. 12 -120 Page 2 It was moved by Payne and seconded by Dobyns the Resolution be adopted, and upon roll call there were: AYES: NAYS: ABSENT: g Champion X Dickens x Dobyns x Hayek Mims X Payne x_ Throgmorton Ppddir lrestdverfrcross- namechange. doc All, Prepared by: Wendy Ford, 410 E. Washington St., Iowa City, IA 52240 (319) 356 -5248 RESOLUTION NO. RESOLUTION OF INTENT TO BUDGET ANNUAL FUNDING FOR IOWA CITY AREA DEVELOPMENT GROUP FOR THE FIVE FISCAL YEARS 2013 THROUGH 2017 AND FOR ADDITIONAL FUNDING OF THE CO- LAB INITIATIVE. WHEREAS, the City of Iowa City has stated Economic Development goals and strategies; and WHEREAS, stated economic development policies include supporting organizations which help to incubate, grow, foster, and create new business operations by providing non - traditional collaborative environments (the CoLab initiative); and WHEREAS, the City of Iowa City has provided financial support to the Iowa City Area Development Group( "ICADG ") to assist in achieving stated Economic Development goals; and WHEREAS, the City of Iowa City provides annual funding to ICADG in the amount of $100,000.; and, WHEREAS, it is in the best interests of the City of Iowa City to provide $50,000 of funding for the Co -Lab initiative in fiscal year 2012 in addition to the $100,000 annual funding to ICADG and such funding is included in the City's budget for fiscal year 2012; and WHEREAS, the City's approved budget for fiscal year 2013 includes an additional $25,000 to support ICADG's CoLab initiative and it is the intent of this City Council that an additional $25,000 be budgeted in fiscal year 2014 to support ICADG's CoLab initiative; and WHEREAS, ICADG agrees to report annually on an agreed upon set of performance measures for its regular activities and for the CoLab initiative; and WHEREAS, funds for these activities are budgeted in the Other Professional Services fund account of 1000 - 457100- 432080; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF IOWA CITY, IOWA, THAT: 1) It is the intent of this City Council that $100,000 be budgeted for professional services from the Iowa City Area Development Group in each budget year through fiscal year 2017. 2) In addition to the $50,000 of funding for the CoLab initiative in fiscal- year 2012 and the $25,000 of funding for the CoLab initiative in fiscal year 2013, it is the intention Resolution No. Page 2 of this Council that $25,000 be budgeted for funding of the CoLab initiative in fiscal year 2014. 3) Distribution of $50,000 to ICADG for the CoLab initiative in fiscal year 2012 will be contingent upon the parties entering into a written agreement enumerating the performance measures for ICADG; and 4) Distribution of funds to ICADG for fiscal years 2013 and 2014 shall be contingent upon ICADG's satisfactory completion of such performance measures; and 5) The City Manager is hereby granted the authority to execute such written agreement with ICADG and determine whether ICADG has satisfactorily completed the enumerated performance measures. Passed and approved this ATTEST: CITY CLERK day of , 20 MAYOR M:r�,24q-/2- City Attorney's Office �I r CITY OF IOWA CITY 14 .. ft4aN MEMORANDUM Date: March 9, 2012 To: Tom Markus. City Manager From: Wendy Ford, Economic Development Coordinator Re: Funding recommendation for Iowa City Area Development Group Introduction The Iowa City Area Development Group (ICAD) has embarked on a five year capital campaign and seeks a pledge for continued funding from Iowa City for fiscal years 2013 through 2017. The request for $100,000 per year is equal to the amount the City pledged for the previous 6 fiscal years (2007 — 2012). In this campaign, ICAD seeks a pledge of $100,000 per year plus additional financial support for the CoLab in the amount of $25,000 in FY 2013 and 2014. The CoLab funding request follows a $50,000 investment for start-up expenses in the current fiscal year, provided certain preliminary criteria are met. History ICAD strongly supports Iowa City's Economic Development efforts by serving as a full service marketing office and another point of contact for business development. Potential business expansion clients often prefer working with the quasi - public entity initially, while they investigate site locations and require anonymity. ICAD has played a major role in attracting new business and assisting others with expansion over the years. Solution ICAD continues to do good work and consistently meets the value proposition they maintain. This year, they have done much research on and are poised to add to their program of work by initiating the CoLab, a new kind of entrepreneurial business generator. The CoLab is a co- working facility of the sort recommended in a Feasibility Study by the Regional Business Center at the University of Northern Iowa, commissioned by the City and completed in May 2010. ICAD's Business Plan for Creating a Knowledge Ecosystem follows. Recommendation Because it is inadvisable to bind a future City Council to a pledge by a current City Council, staff recommends the City Council adopt a resolution of intent to budget the requested ICAD funding as requested. Business Plan for Creating a Knowledge Ecosystem: A physical space in the market to house the ICAD Group Offices and a Coworking Environment for Nontraditional Incubation Executive Summary: The ICAD Group is committed to constantly improving the way in which it assists the economic vitality of the region by supporting interstate commerce. Research has indicated that areas of the country which demonstrate a culture of innovation will be best positioned to thrive in an increasingly competitive global economy. To cultivate this culture, the ICAD Group will work to actively create the spaces and opportunities for a new level of cross disciplinary collaborative engagement. Currently, IQ events are happening throughout the Corridor to begin mixing people and ideas in this new method. The next step is to create the knowledge ecosystem, the physical embodiment of this new culture; a place where innovation lives on a daily basis to benefit companies existing and emerging, while enticing new firms to locate in the region. This inspiring space will be the home for the ICAD staff and coworking professionals and will serve as a catalyst for collaboration, and company creation, attraction and expansion. M Iowa City Area Development Group Extraordinary opporivnizies In unexpecied places. Page 1 i41 Table of Contents I. Rationale ................................................................................................... ............................... 3 II. Space Requirements .............................................................................. ............................... 8 III. Member Services & Programming ..................................................... ............................... 13 IV. Operations ........................................................................................... ............................... 14 V. Cost Projections .................................................................................. ............................... 15 VI. Goals & Measures of Success ............................................................. ............................... 17 VII. Conclusions ........................................................................................... .............................18 VIII. Appendix A: Draft CoLab License Agreement .............................. ............................... 19 Iowa City Area DMIOPM m t Extraordinary opportunities in unexoecied places. Page 2 I. Rationale Background: Research by the Institute for the Future and The Research Triangle Park (Report SR -1236) "Future Knowledge Ecosystems: The Next Twenty Years of Technology -Led Economic Development" discusses how "regional knowledge ecosystems will emerge as a new strategic frame, providing scale, efficiency and global platforms for economic development" (p.22). This paper, a collaboration between academia and economic developers, provides a framework for how successful regions will embrace the need for connections of people and knowledge to create stability, growth and wealth in the new age of global economics. Successful areas will go beyond traditional approaches to economic development and academic research parks to purposefully develop and offer: "...new kinds of spaces for entrepreneurship and collaborative research.... Rather than warehousing workers, they will meet a need for communal, collaborative meeting space in a world of increased mobility within and between workplaces. They will be neutral places where networks of investors, entrepreneurs, hackers and customers converge for collaborative knowledge creation and trust - building, cementing relationships initiated and cultivated online. Overlaid grids of social software will enhance serendipitous discovery inside these spaces and knit them together in local, regional and global networks of collaborations" (p.28). "The collaborative magic of [these spaces] depends heavily upon the ability of managers to 'produce' and 'direct' the space like a 'show' on a daily basis. This involves coordinating events, both formal and informal, ensuring a steady flow of new people and ideas through the space, and making connections between participants. This is a very different set of skills than the typical research park manager or economic developer today. The shift from managing land use and real estate to managing activity (or both) will require a fundamental shift in perspective" (p.29). In his new book Where Good Ideas Come From: The Natural History of Innovation, Steven Johnson discusses how each great advancement of thought was less a product of unitary inspiration than it was the process of putting "slow hunches" housed in a variety of minds over a period of time together to forma meaningful, whole thought. "For that hunch to blossom into something more substantial, it has to connect with other ideas. The hunch requires an environment where surprising new connections can be forged: the neurons and synapses of the brain itself, and the larger cultural environment that the brain occupies" (p.99). cc Wm ChyAm v Deal Extraordinary opportunities in unexpected places. Page 3 Regions operate on different horizons as they transition toward more open innovation strategies... L"* of "S"W# Ifftcurm Injk WnPWr4 ti Madan Swngc Process underway Strategic Action Plans mind kr=V Neu m ld* NeMaas] c practiced %-at ktkm Plan drafted StmM Neu forth Marian 1 Ciac gpce esckbIO d Networks. kttnin` N eetrM I Network no" arts IJsnathe Sinhir� TYsn I Ed Morrison: http: / /edmorrison.com/ the- re-gional- transformation - toward - open -innov Despite the high number of innovative ideas created in our area, we have not realized the full potential of the talents and opportunities they might create in a more open environment. If our area is to advance to higher horizons there is a definitive need to catalyze connections between ideas, people and companies. This creates the scenario in which individual purpose (profit) is enhanced through a common systems approach to information sharing and problem solving. ICAD can create and foster open innovation and drive these connections by creating the civic space and network platforms of value to emerging and existing local companies. The increased effectiveness of these networks will also provide further incentive for outside companies to relocate to this market. At its full potential, this space becomes the epicenter of innovation where people, creative ideas and capital converge to create long term investment, employment and related benefits to the region. These benefits would be measured by a combination of traditional (capital investment /jobs) metrics and novel benchmarks to understand the impact of the organization and the space. Our initial challenge will be to drive the narrative shifting necessary for the area to embrace the need to move to the next horizon where networks can begin to form via this civic space. 2 Extraordinary opportunities in Unexpecled places.. Page 4 Accepting this premise, it would logically follow: the better an area is at facilitating connections of minds, the more potential there is for transformative ideas. If we narrow this focus slightly to the specifics of interstate commerce, we can infer: our area will recognize a stronger economy if we can find better ways for those hunches in our region to bump into each other. By promoting new types of events and creating a physical space for this to transpire, we can build this larger cultural environment Johnson writes of, akin to the coffeehouses of the renaissance which are responsible for much of the writing and art we treasure today. Economic development groups typically assist companies after the complete thought has been formed and market need established. Yet if we are to be proactive in making this area one in which innovation flourishes, we must create the framework environment to encourage and accelerate the serendipity of these connections. Not only will this help us generate new companies, but it will also demonstrate ways to strengthen existing industry and identify and develop cross boundary exploration and partnerships between interstate commerce, the University of Iowa, Kirkwood Community College, K -12 education, out of state and foreign companies and more. While we can create such an environment, we acknowledge that we cannot control or limit the possibilities which will certainly arise. Yet by being positioned as an economic development group in the center of this micro universe, we can help forge "topophilia ", defined as the effective bond between people and place. In this case, we can work to keep talented people, their ideas and their companies linked to the area via their affinity for the support and guidance the region has provided. Furthermore, our hope is that other markets around the state with this same sense of place will want to connect into this mindset. Coworking as a concept is happening globally, with over 300 identified coworking facilities in the U.S. alone. Open spaces where the creative minds of entrepreneurs, freelancers, designers and the like work together in a shared environment designed specifically with their need to produce, interact, share, network and collaborate in mind. In many cases these are stand- alone entities created on purpose by entrepreneurs specifically for coworking. Other times it is a company with extra space looking for a way to engage other creative minds and cover overhead costs. While a few of these spaces are being discovered and embraced by the traditional economic development organizations in their communities, we have yet to identify one space that was created by a local economic development group with the specific purpose of strengthening the interstate commerce of the area. By creating this space and utilizing the power of the existing institution and reputation of the ICAD Group to foster this type of economic development method, we can be the pilot study for ED entities across the state and nation. If this model proves successful in improving our ability to create and retain jobs in the region, other areas can surely replicate its processes to improve the overall economic vitality of Iowa. l Cc Iowa City Area Development Group Extraordinary opportunities in unexpected places.. Page 5 Value proposition (by user group): ICAD Group: Creating this space and immersing the daily efforts of the ICAD staff in this collaborative environment is the best way for us to live the culture we are trying to create. As this space becomes the epicenter for knowledge sharing across a broad spectrum of minds engaged in attracting revenue to the area through interstate commerce, ICAD will be ideally positioned to connect people and ideas to accelerate serendipity to further advance interstate commerce. Locating in the CoLab allows ICAD to actively mix different and traditionally disparate entities in novel ways such that each can derive sustainable mutual benefit. Operating this space as a showpiece in the region will further define the organization and leading edge amongst its peers, as well as providing broader public recognition of its work to the community at large as to the value ICAD creates in the market. Thus, ICAD will be able to assist more companies and realize increased investment from this heightened exposure. ICAD Investors: Those entities which support the work of ICAD will see an increased return on investment in a variety of ways. Local governments will realize increased revenues as more companies emerge from this space and grow into new and existing commercial properties. Thusly, property owners, developers, construction firms and financial institutions will see direct results as this space, and the greater culture it fosters, leads to more companies needing additional space in the area to support their growth. The indirect benefits from this enhanced economic development will spur increased revenues for a wide variety of area merchants as more minds are retained and attracted to the area to take part in this culture of innovation. Coworkers: This subset of CoLab users runs the gamut: entrepreneurs who need a professional environment to plan and grow; teleworkers from companies around the globe who choose to live in our area yet who have no daily locale from which to operate except their home office or coffee shops; freelancers who also desire a dedicated, affordable space in the market in which they can interact and compete for work; and professionals from a variety of local firms who may seek a more collaborative culture than may be the norm at their place of work. As well, from our research, often times, coworking locations can be the meeting place of ad hoc groups working on side projects and plans that will become the next innovation or company. These professionals may have traditional "day jobs" but the space becomes a place for them to collaborate on an idea in line with their passions. Each of these will benefit from having a place they can be a part of which caters to their needs as professionals and offers the right amenities, climate and exposure to advance their companies and careers. The CoLab can also be the home to traveling professionals who can carry the message back into the world about how connected and vibrant or market is. Existing Local Industry: In addition to benefitting from the programming and events and the knowledge sharing they entail, local companies can become stronger through the existence of this space in several tangible ways: First, having a centralized locale in the region for innovation, companies will find it dramatically easier to create novel partnerships, identify new clients, employees and service providers while also having an ongoing forum for ad hoc problem solving. Secondly, the CoLab becomes the model for how the workplace is changing and the growing way in which company culture contributes to its ability to continue innovating, CV Iowa City Area development Group Extraordinary opponunives in unexpected places, Page 6 finding and keeping the best talent and staying in front of market changes. Companies can 'borrow' this culture by allowing employees to cowork at the facility, holding offsite planning meetings and retreats, utilizing the production studio, video conferencing capabilities and holding events in the space. Attractiveness for expansion opportunities: While traditional costs (land, buildings, taxes, labor and incentive offsets) will remain the predominant driving factor for most companies conducting site location searches, there is increasing evidence to suggest more firms are also vying for regions which offer connections to University research, transferrable skill sets in the labor force and unique quality of life attributes which enhance their ability to retain and recruit employees. Creating this knowledge ecosystem in the region is a way to convey the value proposition and uniqueness of our market to visiting prospects; a way to differentiate ourselves from the other cities in consideration. Further, this space creates a low risk point of entry in to the U.S. market for many foreign firms. Entities such as the Renewable Energy Network of England have already expressed their desire to help EU companies establish small sales and engineering presences in a space like this in our market as a first step towards the ultimate goal of full manufacturing operations. If we can host and support these firms in the CoLab, we stand a greater chance for attracting capital investment and job creation. Education: One of our regional challenges continues to be alignment between commerce and education. Having one functional hub of this magnitude in our market offers a central entry point for interstate commerce to engage with our educational institutions and vice versa. This will help align education and skills with tomorrow's jobs and work to slow the "Brain Drain" which has plagued the Midwest for nearly a generation. Region as a whole: Overall, having this space in the area, and hopefully similar sites across the region will help connect people into deeper relationships and advance serendipity, the flow of capitilizable ideas which will strengthen our economy over time. This entity can demonstrate collaboration and become a source of community pride to attract the minds, capital and companies we seek for years to come. The way in which people work in our country is changing; this is our way to be proactive to this change, such that we can be competitive in the global economy. State of Iowa: Building a successful model at the local and regional level will provide great insight into replicating this model in other areas of our state. If successful, this strategy will also go to show the importance of blending the various facets of development (existing industry, recruitment, entrepreneurial, workforce, etc.) into an economic system where one segment is tied to the success of the others. Iowa City Area Development Group Extraordinary opportunities in unexpected places.. Page 7 II. Space Requirements In October 2010, ICAD conducted an international survey with coworking entities via an active Google Group. This research helped the ICAD Group determine the ways in which other spaces were using space to develop successful coworking entities. Further, ICAD Staff travelled to New York, Chicago, Austin, Omaha, Des Moines and Ames to see coworking in action and talk with the individuals responsible for creating and managing these spaces on a daily basis. Additionally, ICAD met with executives with AIISteel, a division of HON, which has been actively studying the new ways in which people work and offices will function in the coming years. ICAD staff has also been comparing research with the Cedar Rapids Chamber as they have been planning the development of a similar facility. As a result, ICAD staff identified the following as requirements for the future ICAD /CoLab space: The space will need to house the ICAD staff offices (for 6 -7 staff) as a 'space within a space' that offers security and privacy for the confidential work of the organization while also allowing the flexibility and ability for ICAD to live this new open concept and work style as well. No costs associated with this request will be used to cover the costs of the ICAD staff offices, but we believe greater business collaboration will take place if ICAD staff is housed in the coworking facility. • Unlike many coworking sites, the explicit purpose of this space is to foster the growth, development and attraction of interstate commerce for our region's future. Therefore it must appeal to the types of entities we wish to assist through this new approach to economic development and be a centerpiece of productive activity and energy. • Based on research, our area could support in the area of 4,000 sq. /ft. of open coworking space, individual offices and conference rooms. This space will require a variety of work style accommodations (e.g., long tables for individual workspace, soft seating for conversations, areas with tables and chairs for teams). The goal is to accommodate 20 -30 coworkers on a daily basis. • Small, rentable private or semi - private offices would have appeal to a variety of users who wish to parlay the synergy and collaborative properties of the space, yet wish to have some dedicated space they can close off for privacy. ICAD has talked with a number of local and international companies interested in locating operations in an entity such as we are defining. • Conference and meeting rooms of various sizes, some with video conferencing capabilities, are a key part of building this community internally as well as for creating a hub locally for external firms to locate off -site events which can benefit from this vibrant environment. The ICAD Group worked with developers in Iowa City and Coralville to assess potential locations to house this concept, keeping the requirements listed above in mind. Much consideration was Cc Iowa City Area Extraordinary opportunities in unexlwied places_ Page 8 given to where in the region such an entity should be placed. Ultimately the determination was made to focus on downtown to build off the robust traffic and proximity to the University. Finding a suitable space with enough open space has proven to be a challenge which has delayed this project for several months. At present ICAD has arrived at agreeable lease terms to rent the former Henneman Engineering space on the 2nd floor at 111 E. College St. This open floor plan provides nearly a turnkey atmosphere for this venture. The only construction necessary would be to create 5 private offices and subdivide one larger space into 3 smaller huddle rooms. ICAD staff has been working with Neumann Monson Architecture to determine the most effective layout for the space being considered, and jointly with Allsteel to determine the ideal furniture for the space. The intention is to have an open, energized and inspiring space that utilizes Allsteel's most current office furniture products — products that enhance innovation and collaboration. From a zoning standpoint the usage of this space will remain consistent (office to office). The only challenge to the space currently is a lack of ADA compliance grandfathered in by usage. Conversations with the City of Iowa City staff have focused on testing this concept for a minimum of one year to determine viability. If the concept proves successful the building owner would work with the tenants to address the installation of an elevator. On the following page is the draft layout for the space being considered and the features of the space. Additionally, photos of some of the innovative furniture AIISteel will be providing to the space at a significant discount. M Iowa City Area Development Group Extraordinary opportunities in unexpected places. Page 9 FRONTENTRANCE ( ground level) BACK EXIT 4 -5 PRIVATE OFFICES PARTIAL HEIGHT DEMOUNTABLE WALLS STORAGE ® PoTENTIAL STORAGE FOR COLAS'! NORTH ICAD /CO -LAB SPACE 111 E. COLLEGE ST. Iowa My Area Dftviopnwmt Group Extraordinary opportunities in Unexpocled places, Page 11 % M Iowa My Area Development Group Lxtraordma+y oppw ,nifes in unexpected places.. Page 12 III. Member Services & Programming The new CoLab space will offer a variety of tangible and intangible services to its users: • Professional atmosphere with high -end, innovative, collaborative furniture • Commercial grade IT bandwidth • Easily accessible electrical power • Printing /copying /faxing • Private office spaces • Meeting spaces • Teleconferencing • Videoconferencing • Presentation A/V equipment • Free coffee • 240 access using a secured key fob system • Organized activities (e.g., TED videos, mixers, how -to sessions, coaching) • Connections and relationships There are a number of event platforms which already have national recognition that would fit within the mission of this space and of which ICAD plans to encourage or host. Examples would be: • Jelly's — Coworking events for non - members to experience the culture and space for a day or evening. ICAD has already hosted 9 of these events in the market. • Ignite — These events use a vibrant format to allow individuals the opportunity to present 20 slides for 20 seconds each on a topic of their passion. • BarCamp — Defined in their rules as: No Spectators, Only Participants, Attendees must give a demo, a session, or help with one, or otherwise volunteer/ contribute in some way to support the event. All presentations are scheduled the day they happen. ICAD Group helped to sponsor one of these events August 13, 2011 • Fishbowls — Another type of "Unconference" where the lines between audience and speaker change determined by the seating arrangement. • Startup Weekend — Defined on their webpage as: 54 -hour events where developers, coders, designers, marketers, product managers and startup enthusiasts come together to share ideas, form teams, build products, and create startups. ICAD Group hosted one of these events, in sponsorship with Iowa Economic Development Authority, on September 30 — October 2, 2011 and has plans to host its second Oct 5 -7, 2012. This is but a short list of potential activities which would be produced and encouraged in our market, some of which could take place in the CoLab. It is in the production of such events where the unique possibilities for creating such a purposeful location are realized, not to mention more traditional events such as: Roundtables (manufacturing, simulation / animation, green tech, bio tech, etc.), presentations (variety of business topic based, angel / venture CU Iowa City Area C 3 Development Group Extraordinary opportunities in unexpected ptaces. Page 13 IV. capital), ICAD Board and committee meetings, Networking lunches, cocktail hours, tweet ups, speed networking and various social events throughout the year. Operations Membership: Membership to the CoLab will work like a month -to -month gym membership. There will be different levels of membership (as listed below) that will determine the type of workspace a member is able to use (e.g., desk space at a table in an open area versus private office). All levels will have access to amenities such as internet, meeting space, kitchen, coffee /tea and collaboration tools (AV equipment, white boards, video and teleconferencing, etc.). Members will pay separately for printing and copying. Individuals will sign a licensing agreement that can be renewed on a monthly basis. See Appendix for a draft version of the licensing agreement. A separate "code of conduct" document will be attached to the licensing agreement that will outline the rules for behavior in and usage of the space. Membership Type: Price Drop Ins (Bench Seating) $15 10 -Day Punch Card (Bench Seating) $100 Monthly (Bench Seating) $200 Reserved Cubicle Style Space $300 Monthly Private Office with Locked Door (max 3 staff) $400 Potential Initial Members of IQ Co Lab Space Based on Recent Interest $a;= Office - CubiCle Bek dotal ppl' UI Med Device Group X 6 -8 Hiroku Development X 1 Bochner Confections X 1 Paul Clark X 1 Howard Butler X 1 Active Grade X X 4 Ming / Tweetpull X X 3 -4 Henneman Engineering XX X 3 -4 Dibzees X X 4 Troy Miller X 1 Nick Westergaard X 1 Harrison Wheeler X 1 Tom Altman X 1 Source Media ? ACT/ PEARSON X ? Cramer Dev X 1 -2 Cc Iowa City Area C' D wWKnent G=p Extraordinary oppotiunities in unexpected places- (part of Investment) (part of investment) Page 14 Staffing: Many coworking facilities have a full -time "coworking manager" or "community manager" who is responsible for checking people in, scheduling conference rooms, giving tours, connecting people, setting the tone for the facility, resolving issues, basic housekeeping, event coordination, etc. This person resides in the space. The ICAD Group is currently discussing the staffing of the facility with coworkers interested in serving in this capacity. ICAD Group staff expects to provide some coverage in the initial few months of start -up. Marketing: The IQ CoLab marketing will be part of a larger IQ marketing initiative and will utilize its sub brand for signage and logo purposes. Ideally there will be more than one CoLab under unified brand name within the broader region all linked to one main web presence along with the IQ events calendar and membership portal. Technology Needs: ICAD has begun discussions with Circle Computing and Keystone IT to learn how best to manage the various data and telecom needs of the space and its users, as well as obtained an objective assessment from the Director of Information Services at the Iowa City Community School District. Significant wireless internet bandwidth, networked printing, video conferencing, and VOIP options will be required. The ICAD Group's IT needs should be addressed in conjunction with the CoLab to minimize interference. Also, for the CoLab spaces in the region to integrate as part of this larger IQ initiative of next level economic development, it will be vital to construct a social networking linkage platform such that individuals in the area can identify and connect based on interest categories and collaboration possibilities. V. Cost Projections On the following page are the cost projections for the space being considered. The projections utilize a fairly conservative revenue assumption model (the only source of revenue being the coworking memberships). Because of the high start -up costs and market lease rates in downtown Iowa City, it does not seem likely that the CoLab will break even on operating revenue alone. Therefore, ICAD Group staff is currently meeting with public and private organizations to solicit sponsorship to cover the start -up costs and projected net losses in the first two years of operation. ICAD Group recognizes that in its role as the organization charged to grow, expand and attract interstate commerce companies that it must continue to support this endeavor long -term if it shows to be an economic development model that grows interstate commerce businesses. As of the submittal of this business plan, our market has received a commitment of financial support from the City of Iowa City, University of Iowa, AIISteel, Neumann Monson Architects, ACT, Pearson, Iowa City Area Development Group and University of Iowa Hospitals and Clinics. These organizations have committed products, services and cash for a total of $419,590. Iowa City Area Development Group Extraordinary opportunities in unexpected places Page 15 Sources of Funds Startup 1 Fiscal 2013 Avg /Mo Fiscal 2014 Iowa City Area Partners: Drop Ins (desk) @ $15 /day $1,710 9 City of Iowa City* $50,000 $25,000 $25,000 University of Iowa & UIHC $60,000 6 $12,000 All Steel Corporation In Kind 10 Monthly (desk) @$200 /month Neumann Monson Architects In Kind $43,200 18 ACT $25,000 Mo. (priv off no wndw) @$400 /mth LSP 5 Total $16,000 ICAD Group Cash ** $15,000 $25,000 $20,000 Pearson $25,000 $7,200 1 4 $18,000 1 5 $21,600 6 TOTAL START -UP FUNDING & NON - OPERATING SUPPORT 1 $175,000 1 $50,000 1 $50,000 1 10 $3,000 ]0 $175,000 Operating Revenue - Years 1 -3 Year 1 Avg /Mo Year 2 Avg /Mo Year 3 Avg /Mo Drop Ins (desk) @ $15 /day $1,710 9 $3,450 19 $4,000 22 10 -Day Punch Card (desk) @ $100 /mth $7,200 6 $12,000 10 $12,000 10 Monthly (desk) @$200 /month $26,400 11 $43,200 18 $48,000 20 Mo. (priv off no wndw) @$400 /mth LSP 5 Total $16,000 3 $20,000 4 $20,000 4 Semi private cubicles @ 300 / mnth 6 Total $7,200 1 4 $18,000 1 5 $21,600 6 Mobile Locked File Drawers @$25 /unit 1 $2,475 8 $3,000 1 10 $3,000 ]0 Total annual operating revenue $60,985 $99,650 $108,600 * Requires City Council Approval * *This does not include significant staff in -kind time and expenses for the development of this project Uses of Funds Start -Up Costs TOTAL VALUE Furnishings - 6 offices /conf rm /co -work $285,000 Equipment (TV, printer /fax /copy, video) $13,000 Signage $5,000 Marketing (printed, advertising, website) $15,000 Services (IT, legal, design) $19,000 Construction $15,000 Project Manager $7,000 Misc/ Unplanned $5,000 Total $364,000 Gross CASH $80,000 Estimated $13,000 $5,000 $15,000 $10,000 $15,000 Estimated $7,000 $5,000 $150,000 3000 +NNN 3000 +NNN Expenses - Years 1 -3 Year 1 Rent $57,698 Operating Fees / utilities $6,000 IT Service (wifi & support) $7,200 Website Hosting /Content Mgmt. $0 Printer /Copier /Fax Lease $9,600 Marketing $3,000 Supplies $7,200 Personnel $15,000 Cobot Software $1,260 Biz Library (subscrptns., bks., etc.) $1,200 Legal Services $3,600 Eve nts /M isc $8,000 TotalAnnual Operating Expenses $119,758 Start Up Year 1 Startup Income / Annual Revenue $175,000 $60,985 Startup Costs / Annual Expenses $150,000 $119,758 Final Cash Position $25,000 $16,227 3000 +NNN VI. Goals & Measures of Success Recognizing that this is the first such venture into developing a co- working facility by an economic development organization focused on interstate commerce business, we thought it important to develop some targeted goals with which to measure our success. Below are the key indicators of success for the CoLab: Metric Year 1 Goal Year 3 Goal (Cumulative) 1. Number of entities using the CoLab 66 157 a. ICAD Existing clients 10 25 b. ICAD Investors 10 30 c. ICAD Partners 4 8 d. CoLab Sponsors 5 5 e. Start-ups 6 20 f. Freelancers /Entrepreneurs 10 35 g. Other 20 50 2. Number of ICAD Group targeted industries represented by CoLab users 3 5 3. Number of companies started due to the CoLab 4 15 4. Number of events held either at or because of the CoLab and culture of innovation concept 6 25 5. Number of companies spun out of CoLab and locating in our region 2 10 6. Square feet of space leased in the area because of company spin outs 5,000 25,000 7. Number of new jobs created due to CoLab (both in CoLab and in company spin outs) 10 70 8. Capital raised by companies utilizing CoLab and those who have spun out $250,000 $3.5 million 9. Year end cash position from sources and operations $13,925 $155 M Iowa City Area Development Group Extraordinary opportunities in unexpected places. Page 17 VII. Conclusions Without deviating from its core functions, ICAD Group should move beyond traditional approaches to economic development and begin to drive the type of culture necessary to achieve innovation commercialization. By creating a space such as this and building the physical and virtual networks that will allow the sharing of "sticky" knowledge, the area can begin to develop clusters of technology which will lead to new capital investment and job creation. Further, it will aid in the recruitment of new firms eager to join the vibrancy of the region and state, and can assist our existing companies in remaining relevant and prosperous. This collaborative spirit, put into practice, will become the brand identity which the authors of Future Knowledge Ecosystems paper find to be "crucially important in attracting globally mobile talent and earning reputation in new group economies" (p.40). Or more aptly stated by Jacob Lerner, the Jacob H. Schiff Professor of Investment Banking at Harvard Business School states, "entrepreneurial activity does not exist in a vacuum: building an environment where new ventures can thrive is a critical first step." With this concept proposal, the ICAD Group is offering a means to taking this first step. In the past, economic development groups have spoken about the vibrancy of their communities. This would be a way for us to not only enhance the true collaborative energy of the Iowa City Area, but also to provide a showpiece for outside individuals and entities as an attractor to our market. The daily function of the ICAD Group to retain, attract and grow interstate commerce companies will not change, yet the tools and abilities by which this takes place will set us apart from all other regions of the state and Midwest to allow us to better compete on a global scale. If possible to replicate across Iowa, it will give our state a competitive advantage hard to duplicate with financial incentives alone. iU Iowa My Area Development Group Extraordinary opporluniaies in Unexpecled places_ Page 18 VIII. Appendix A: Draft CoLab License Agreement ICAD COLAB PLACE SHARED SPACE LICENSE AGREEMENT THIS SHARED SPACE LICENSE AGREEMENT ( "License Agreement ") is by and between Iowa City Area Development Group, Inc., an Iowa non - profit corporation ('`Licensor "), and the undersigned Licensee ("Licensee "), in connection with certain premises located within the Linn Street Place in Iowa City, Iowa (the "Premises "). 1. License Agreement. This License Agreement is comprised of this page and the Terms and Conditions attached hereto as Attachment 1, all of which are incorporated in and made a part of this Agreement. 2. Grant of License. Licensor is the operator of a shared office space located within the Premises. Licensee wishes to make use of Licensor's shared working space in accordance with Licensor's Terms and Conditions for such use. Licensor hereby grants to Licensee a non - exclusive license to use the Premises for permitted shared business office uses in accordance with this Agreement (the "License "). This license shall include the right of entry, passage, and exit to and from the Premises. This Licensee is solely for the personal use of Licensee. Licensee's agreements, warranties, and representations as set forth in this Agreement are a material inducement to Licensor entering into this License Agreement. 3. Initial Term of License. Subject to the Licensor's rights to terminate this License Agreement in accordance with Section 17 of the Terms and Conditions, this License Agreement shall commence on . 20 and shall terminate on , 20. (the "Initial Term "), which Initial Term may be automatically extended on a month to month basis (each a "Renewal Term" and together with the Initial Term, the "Term ") upon timely receipt of payment of the applicable monthly license fee. This License Agreement shall also be applicable to Day Pass patrons for the applicable day(s) but without automatic extension. 4. Term and License Fee. From and after the Effective Date specified below, Licensee shall pay to Licensor, for each day /month during the Term, the "License Fee" selected below. The License Fee shall be due and payable to Licensor in advance and without set off, abatement or demand, on or before the Effective Date and, for the monthly automatic renewal, on the same day of each subsequent month as the Effective Date. Subject to modification as specified in the Terms and Conditions, the License Fee for the initial Term and any renewal terms shall be as specified below: Iowa City Area Development Group f. xtraordinary opportunitie, m unexpected places. Page 19 Licensed Access Term License Fee Access Term License Fee ❑ Day Pass — provides access for one business day of use $_15 /Day ❑ Reserved Private Office Monthly $_300_/Month Membership — nrovides access to a dedicated cubicle space in the premises during business hours for an entire calendar month subiect to availability) ❑ 10 Day Pass, nrovides access for ten $_100_ /10 Day Pass ❑ Private Office Membership $_400_ /Month uses of no loner than one business provides access to a lockable day private office space in the premesis during business hours for an entire calendar month subiect to availability) ❑ Full Monthly Membership — provices $_200 /Month ❑ Event Rental Provides access to $ /Event access to the Premises during business the space at the aereed upon rate hours for an entire calendar month for a specified time period for the purposes of hostine an event. Iowa City Area Development Group f. xtraordinary opportunitie, m unexpected places. Page 19 5. Notices. Unless otherwise specified in the Terms and Conditions, all notices pursuant to this License Agreement shall be in writing mailed, faxed and /or emailed to a party at such party's respective address, fax number or email address set forth below. Dated this day of , 20_ (the "Effective Date ") LICENSOR: Iowa City Area Development Group, Inc. By: , Title Date: Address for Notices: LICENSEE: Signature Printed Name Date: Address for Notices: Telephone: ete Fax: Fax: Email: Ema ATTACHMENT 1 TERMS AND CONDITIONS Section 1. Limited Authorization: Licensor is authorized to have non - exclusive access to and use of the Premises only during the time specified for the designated Term. The Licensee agrees that the License creates no tenancy, leasehold estate or any other property interest, only a limited licensed right of non - exclusive use as set out in this License Agreement. Section 2. Shared Work Space. Licensee acknowledges that the License granted herein is non - exclusive and that the Premises are a shared work space. Licensee agrees to keep Licensee's work within the Premises reasonably orderly, and to promptly and properly dispose of waste materials or trash caused by Licensee's use. Licensee acknowledges that there may be inconveniences or distractions from time to time created by other licensees and guests. Licensor shall not be liable for any damages to or theft of Licensee's personal or intellectual property and/or confidential or proprietary information. Licensee shall not tamper with, borrow, or remove property brought by other licensees or guests onto the Premises without the express permission of the owner. Section 3. Guests. Licensee may from time to time during the Term bring guests onto the Premises for purposes connected with Licensee's work. No guest is authorized to use or visit the Premises in the absence of a licensee host. Licensee may bring guests onto the Premises to conduct meetings in the meeting room; provided at no time shall Licensee simultaneously bring more than five (5) guests onto the Premises. All guest visits shall be reasonably limited in time to the work purpose or applicable meeting. Licensee shall be responsible for all of Licensee's guests invited onto the Premises and for ensuring all such guests comply with all Terms and Conditions of this Agreement and all Rules adopted by Licensor for the operation of the Premises. Licensor reserves the right at any time to ask any guest to leave the Premises. Section 4. Payment. Initial Payment is due upon execution of the License Agreement. Renewal Fees are due on or before the automatic renewal date. Licensees may either pay by cash or check. Checks may be mailed to ICAD 325 East Washington Street Suite 101 Iowa City, IA 52240 -3959. A $25 fee may be charged for a check returned for insufficient 0 Iowa City Area Development Group Extraordinary opportunities in unexpected places. funds. Licensee may also execute License Agreement and make payment via a specified e- commerce web portal designated by Licensor. Section 5. Invoices. Licensor will endeavor via mail, email or fax to provide invoices for license fees one week prior to the due date for automatic renewals. Invoices shall include the applicable recurring License fee and other charges. Certain one time charges may be invoiced at any time. Section 6. Late Fees. At the discretion of Licensor, any balance outstanding after the due date of an invoice may incur a late fee of 5% of the outstanding balance. Section 7. Automatic Renewal. At the end of the stated Initial Term the License may be automatically renewed on a month to month basis upon receipt of the applicable License Fee and at the sole discretion of Licensor. Licensee shall provide Licensor with at least five days written notice of Licensee's election not to have an automatic renewal. Section 8. Fee Chances. All License Fees and charges for optional services are subject to change upon 30 days notice from Licensor. Section 9. Non - Refundable License Fee. Once paid all license fees shall be non - refundable unless otherwise expressly provided in these Terms and Conditions. Section 10. Janitorial Services. Ordinary janitorial services for the Premises will be provided by Licensor. In the event Licensee's use creates a need for extraordinary janitorial services, Licensee shall reimburse Licensor upon invoice for the reasonable cost of such services. Licensee shall use the premises in a manner that helps to keep it in a generally clean and orderly condition. Section 11. Meetinc rooms. This License includes the right, shared with all other licensees, to use the meeting room(s) within the Premises, generally on a first come first served basis, but subject to Licensor's ultimate discretion for meeting room scheduling. Page 20 Section 12. Licensor Services. Licensor shall supply a commercially reasonable level of printing, copying, faxing and internet access equipment and services, and reserves the right to impose reasonable fees for excessive consumption of paper, ink, toner and/or other supplies. Licensee's use of Licensor's internet service is restricted to email, web browsing and limited uploading/downloading of data that does not overload Licensor's service. Licensor may allocate available services and restrict specific uses among licensees as may be appropriate so that all licensees are provided access to similar levels of services. Licensor may also password protect any provided service, in which event Licensee shall be responsible for password setup on Licensee's devices. Licensor provided services may only be used for lawful purposes. Licensor shall have no liability to Licensee for any interruption or failure in the provided services, and Licensee hereby releases Licensor and its representatives from any and all liability for direct or indirect damages (including, but not limited to lost data and lost profits) arising from any interruption or failure in such equipment and services. Licensor shall endeavor to restore any interrupted service as soon as commercially reasonable. Section 13. Virus Protection. Licensee warrants that it has current software virus protection on any computer equipment that Licensee may use at the Premises. If Licensee's failure to have current software virus protection directly or indirectly causes a network shutdown or support problem at the Premises, Licensor may charge Licensee the reasonable costs of repairing such shutdown or support problem. Licensor shall have no responsibility for any computer viruses or other malware on Licensor's computer equipment or network. Section 14. Incomnatible Equipment. If Licensee, with or without permission from Licensor, installs equipment on the Licensor's network that interferes with the proper functioning of Licensor's network, than upon request of Licensor Licensee shall disconnect such equipment and Licensor may charge Licensee the reasonable technical support fees needed to restore the network to its previous working condition. Licensee agrees not to use any equipment in the premises that overloads any electrical panel, circuitry or wiring. Section 15. Default by Licensee. Licensee's failure to pay when due any amount owing to Licensor under this Agreement, and/or Licensee's failure to comply with any other of the Terms or Conditions or any of the Rules shall be deemed a default of this Agreement permitting termination by Licensor under Section 17 below, in which event Licensor may restrict the Licensee from further access to the Premises and discontinue all Licensor Services to Licensee including, but not limited to, all electronic access. Section 16. Modification to Terms and Conditions. These Terms and Conditions are subject to change by Licensor at any time. The then applicable Terms and Conditions shall be posted at the Premises. Licensor shall endeavor to give Licensee reasonable advance written notice of intended changes via posting, email, fax and/or mail, but notwithstanding whether such notice has been given changes to the Terms and Conditions shall become effective upon posting at the Premises. If a Licensee does not accept the revised Terms and Conditions it must give written notice to Licensor promptly after the revised Terms and Conditions become effective, in which case the current Terms and Conditions will remain in effect through Licensee's then current Term. Upon any subsequent renewal of the License Agreement the new Terms and Conditions will become effective. Section 17. Termination by Licensor. Licensor may immediately terminate this License Agreement and Licensee's right of access to the Premises in the event Licensor determines that i) Licensee is in default (as defined in Section 15 above), or ii) Licensee's or a guest's activities in the Premises are incompatible with the normal shared office use of the Premises, are disruptive or disrespectful to other licensees or Licensor's 0 C5 Iowa City Area Development Group Ext,awdinary opport.,,! in unexpected places. representatives, or are illegal or unethical. Licensor may also, without cause, terminate any License Agreement at the end of its then current Term by providing at least five days written notice to the Licensee. Section 18. Conduct of Business Activities. Licensee shall use the Premises only for business related purposes and shall conform to all present and future laws and ordinances affecting the Premises. Licensee shall not cause or permit any hazardous substance to be used, stored, generated, released or disposed of on the Premises. Licensee shall conduct no activities that are unreasonably disruptive of other licensees or guests. Section 19. Access and Security. Any key, access card, or password issued by Licensor shall remain the property of Licensor. Licensee shall not make copies without Licensor's consent. Should Licensee lose or have stolen a key, access card, or password, then upon discovery of such loss Licensee shall immediately inform Licensor and Licensee shall be responsible for the reasonable costs of replacing the security card, key and/or password. Section 20. No Parking. No parking is provided by Licensor in connection with the licensed use of the Premises. Section 21. Risk/Responsibility for Insurance. Licensee's use of the Premises is at Licensee's sole risk. It is Licensee's responsibility to provide, if desired, personal property and general liability insurance covering all risks associated with use of the Premises by Licensee and Licensee's guests. Other than on account of Licensor's intentional wrongful acts, Licensee hereby releases Licensor and its representatives from any and all liability for direct or indirect damages to person or property (including, but not limited to lost data and lost profits) arising directly or indirectly from any loss suffered by Licensor while using the Premises or otherwise under this Agreement. Section 22. Temporary Closure of Premises. Licensor may temporarily close the Premises, for performing necessary repairs and/or maintenance, or for a private event. As may be reasonably feasible under the circumstances, Licensor will provide advance notice of such temporary closures. If the Premises become inaccessible to the Licensee for a period longer than five days within a calendar month by reason other than an emergency repair, Licensee shall be entitled to a pro rata adjustment of the applicable Fee, pro -rated on a per diem basis from the sixth day of such unavailability through the date the Premises are again made available for use by Licensee, to be either paid to Licensee from Licensor or credited against future License Fees. Section 23. Force Maieure. Licensor's obligations under this License Agreement shall be suspended if and so long as the non- performance shall be caused by a strike, lockout, act of God, enemy action, war, national emergency, riot, fire or other similar exigency that is beyond the control of Licensor. In such event, Licensee shall not be entitled to a pro rata reimbursement of License Fees. Section 24. Management and Control of Premises. The Premises shall at all times be subject to the control, operation and management of Licensor (and Licensor's landlord). Licensor reserves the right at any time to relocate, vary and/or adjust the size, nature and type of any of the spaces and improvements within the Premises. Any such change shall not affect the validity of this License Agreement. Section 25. Alterations/Damaee. Licensee shall not paint, decorate, puncture walls or ceiling, change floor coverings, bring in furnishings or in any other way alter the Premises or its furnishings without the prior written approval of Licensor. No additional locks or bolts of any kind shall be placed upon any of the doors, windows or furnishings, nor shall any changes be made to existing locks. Any modifications made by Licensee with Licensor's approval shall, upon termination or expiration of this Agreement, be removed by Licensee at Licensee's expense, and Licensee shall restore any damage to the Premises caused by such removal. Page 21 Section 26. Licensee shall be responsible for the cost of restoring any (c.) damage caused to the Premises by License or Licensee's guests, excluding ordinary wear and tear. Section 27. Indemnity /Costs. Licensee hereby agrees to defend, (d.) indemnify, and hold harmless Licensor and its representatives from and (e.) against any claims, demands, fines, penalties, actions, orders, judgments, settlements, costs, expenses (including reasonable attorney's fees and court costs), and other liabilities of any kind resulting from loss of life, personal (f ) injury, property damage or other liability arising, directly or indirectly, from any act or omission of Licensee or its guests on or about the Premises, except to the extent such loss or damage is caused by the willful misconduct of Licensor. Section 28. Rules. For the mutual benefit of all licensees, Licensor has adopted rules ( "Rules ") for the operation of the Premises. Licensee (g•) agrees, as a condition of its use of the Premises under this License Agreement, to abide by all Rules as they may be implemented from time to time by posting at the Premises or other reasonable means of notice. The current Rules are attached hereto as Attachment 2 in which Licensee is referenced as "Member" Section 29. Miscellaneous. (a.) The License Agreement represents the entire agreement and understanding of the parties with respect to the subject matter hereof and supersedes all previous oral or written representations, understandings or agreements. No modification of the License Agreement shall be binding unless (a) such changes are in writing and signed by both parties, or (b) the Terms and Conditions are changed in accordance with Section 16 above. (b.) The License Agreement shall be construed under the Iowa law. CT Iowa City Area Development Group F.._.._.,, nary opportunities in unexpected places. (h.) (i.) Except as otherwise provided herein, the covenants and agreements herein shall bind and inure to the benefit of Licensor, Licensor and their respective successors, assigns and personal representatives. This License Agreement may not be assigned by Licensee without the express written consent of the Licensor. If any provision of the License Agreement shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not be affected or impaired. In the event any demand, action or proceeding is brought by Licensor against Licensee and/or Licensee's guests to enforce this License Agreement, in addition to any other relief to which Licensor may be entitled, Licensee shall be liable for all reasonable costs and expenses incurred by Licensor as a result thereof, including attorneys fees and costs, whether or not a legal action is commenced. IN NO EVENT SHALL EITHER PARTY BE LIABLE FOR SPECIAL, INDIRECT, CONSEQUENTIAL OR EXEMPLARY DAMAGES, WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY, FOR ANY CLAIM ASSERTED BY THE OTHER PARTY ARISING FROM THE LICENSE AGREEMENT, NOT EVEN FOR FORSEEABLE LOSS. IN NO EVENT WILL LICENSOR'S LIABILITY TO LICENSEE EXCEED THE LICENSE FEES PAID PURSUANT TO THE LICENSE AGREEMENT DURING THE PRECEEDING TWELVE MONTHS BY LICENSEE TO LICENSOR The License Agreement may be executed in counterparts, each of which shall constitute an original, fully enforceable counterpart for all purposes. Email, facsimile or photocopy signatures to the License Agreement shall be deemed to be originals and may be relied upon to the same extent as the origina Page 22 Iowa City Area Page 23 Developmerd Group EKnaordinary opportunities in unexpected places. r -- �.�ui =p CITY OF IOWA CITY 15 ,. MEMORANDUM Date: March 13, 2012 To: Tom Markus, City Manager From: Sarah E. Holecek, First Assistant City Attorney` -- Re: Proposed Acceptance of Outlot B, Mackinaw Village, Part 2 The Developer's agreement for Mackinaw Village, Part Two of the City of Iowa City contemplated that Outlot B, which consist of 24.79 acres along the Iowa River north of Foster Road, would be a privately owned and maintained open space /conservation area ultimately deeded to the development's Homeowner's Association. Since the time of original platting, the developer has offered to dedicate this property to the City for public open space and public use subject to a deed restriction preventing development of habitable structures while allowing the installation of trails and other public infrastructure. The Parks and Recreation Department recommends acceptance of the dedication as being in the public interest. This Resolution accepts the dedication of Outlot B and declares it open for public use upon recording of a deed acceptable to the City Attorney's Office. The location of the subject property is depicted on the attached subdivision plat. - - �• 11 1 r .. Al IL .F 1�1. ■ . n■�Ir11111111,� � ■`; . __ u111�1��1�Y81�irY�Y. �YYiiEY�YYYII�YYIIYYI�IIICIYY��IIY�Y 1 ■ • • • JAMN " LIM:, - � Yid- #�: � � ►� �� !'i x Prepared by: Sarah E. Holecek, First Asst. City Atty., 410 E. Washington St., Iowa City, IA 319 - 356 -5030 RESOLUTION NO. 12 -121 CONSIDER A RESOLUTION ACCEPTING THE DEDICATION OF OUTLOT B TO THE CITY OF IOWA CITY AS PLATTED IN MACKINAW VILLAGE, PART TWO, IOWA CITY, IOWA. WHEREAS, the Developer's agreement for Mackinaw Village Part Two of the City of Iowa City originally contemplated that Outlot B, which consists of 24.79 acres along the Iowa River north of Foster Road, would be a privately owned and maintained open space /conservation area ultimately deeded to the development's Homeowner's Association; and WHEREAS, since the time of original platting, the developer has offered to dedicate this property to the City for public open space and public use subject to a deed restriction preventing development of habitable structures while allowing the installation of trails and other public infrastructure; and WHEREAS, the Director of the Parks and Recreation Department now recommends acceptance of the dedication as being in the public interest. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF IOWA CITY, IOWA, THAT: The City Council of Iowa City, Iowa finds it is in the public interest to accept the dedication of Outlot B, Mackinaw Village Part Two of the City of Iowa City, and upon direction of the City Attorney's Office and recording of an acceptable deed allowing for the development of trails and public infrastructure, the same is hereby accepted by the City of Iowa City, Iowa and the area is hereby declared open for public use. Passed and approved this 20th day of March 2012. MAYOR Pro em ATTEST: 2&,,,2 tic i CITY ERK 0 Resolution No. 12 -121 Page 2 It was moved by T)i rkanc and seconded by Champion the Resolution be adopted, and upon roll call there were: AYES: x X x x_ x x NAYS: ABSENT: Champion Dickens Dobyns Hayek Mims Payne Throgmorton � r CITY OF IOWA CITY MEMORANDUM DATE: 3/15/2012 TO: City Council FROM: Susan Dulek, Assistant City Attorne RE: 2538 NEVADA AVENUE Z-20-12 16 On the March 20 agenda is a resolution authorizing acquisition of 2538 Nevada Avenue because it is a nuisance property. Attached are copies of nine (9) photographs of the property taken by City building inspectors on February 7, 2012. Also attached is a copy of a letter from me to the property owner dated March 8, 2012 informing the owner that City Council will be considering the resolution at the March 20 meeting and providing a copy of the proposed resolution. Attachments Copy to: Thomas M. Markus, City Manager -w /o aft. Geoff Fruin, Ass't. to the City Manager -w /o aft. Marian K. Karr, City Clerk -w /aft. Eleanor M. Dilkes, City Attorney -w /o aft. Doug Boothroy, Director of HIS -w /o aft. im FILE COF I i -# March 8, 2012 Named Trustee of Alpha One Trust Dated June 30, 2010 2538 Nevada Avenue Iowa City, IA 52245 Dear Named Trustee of Alpha One Trust Dated June 30, 2010: � r CITY OF IOWA CITY City Attorney's Office 410 East Washington Street Iowa City. Iowa 52240-1826 (3 19) 356 -5030 (319) 356 -5008 FAX www.icgov.org I am writing to notify the owner of 2538 Nevada Avenue that the City Council will be considering the enclosed resolution at its meeting on March 20, 2012. The City Council meeting begins at 7:00 p.m. The meeting location is Emma Harvat Hall, City Hall, 410 E. Washington Street, Iowa City, Iowa. If the owner, or any member of the public, wishes to address City Council on the proposed resolution, that person is invited to come to the March 20, 2012 City Council meeting. The owner, or any member of the public, may also contact City Council in writing prior to the meeting by sending communication to the City Clerk, 410 E. Washington Street, Iowa City, IA 52240. Sincerely Susan Dulek Assistant City Attorney Enc. Copy to: Doug Boothroy -w/ enc. FILE COM March 8, 2012 - Named Trustee of Alpha One Trust Dated June 30, 2010 2538 Nevada Avenue Iowa City, IA 52245 Dear Named Trustee of Alpha One Trust Dated June 30, 2010: � r 1 memo CITY OF IOWA CITY City Attorney's Office 410 East Washington Street Iowa City, Iowa 52240 -1826 (319) 356 -5030 (319) 3S6 -5008 FAX www.icgov.org I am writing to notify the owner of 2538 Nevada Avenue that the City Council will be considering the enclosed resolution at its meeting on March 20, 2012. The City Council meeting begins at 7:00 p.m. The meeting location is Emma Harvat Hall, City Hall, 410 E. Washington Street, Iowa City, Iowa. If the owner, or any member of the public, wishes to address City Council on the proposed resolution, that person is invited to come to the March 20, 2012 City Council meeting. The owner, or any member of the public, may also contact City Council in writing prior to the meeting by sending communication to the City Clerk, 410 E. Washington Street, Iowa City, IA 52240. Sincerely�� Susan Dulek Assistant City Attorney Enc. Copy to: Doug Boothroy -w/ enc. r Prepared by: Susan Dulek, Ass't. City Attorney, 410 E. Washington St., Iowa City, IA 52240 319 - 356 -5030 RESOLUTION NO. 12 -122 RESOLUTION AUTHORIZING THE ACQUISITION OF PROPERTY LOCALLY KNOWN AS 2538 NEVADA AVENUE, WHICH IS A PUBLIC NUISANCE, FOR THE PURPOSE OF ABATING THE NUISANCE. WHEREAS, under Iowa Code section 364.12A, a city may condemn a residential building found to be a public nuisance and take title to the property for the purpose of disposing of the property by conveying the property to a private individual for rehabilitation or for demolition and construction of housing; WHEREAS, the property locally known as 2538 Nevada Avenue, Iowa City, Iowa ( "the property ") contains a single family dwelling; WHEREAS, City staff first became of the property in early 2009 due to the deteriorating condition of the property; WHERAS, in early 2009, the property had been foreclosed by Citifinancial, Inc. and was vacant; WHEREAS, there were holes in the soffits and roof that allowed animals into the house; WHEREAS, the basement was flooded due to a broken sump pump, which contributed to the mold issues caused by the water leakage through the roof; WHEREAS, because staff recognized the nuisance this property was causing to surrounding property owners, staff attempted to resolve the nuisance with Citifinancial, Inc. without success; WHEREAS, the water was disconnected in June 2009; WHEREAS, on February 9, 2010, Citifinancial, Inc. sold the property to World International, LLC, and on July 1, 2010 World International, LLC quit claimed the property to Named Trustee of Alpha One Trust Dated June 30, 2010; WHEREAS, the current record title holder to the property is Named Trustee of Alpha One Trust Dated June 30, 2010; WHEREAS, staff has not been able to determine the identity of the trustee, and although a male individual has telephoned City staff and officials regarding the property, he has never identified himself; WHEREAS, in January of 2011, the City sent a notice requiring the owner to register the house as a vacant property, and there was no response; WHEREAS, in February of 2011, the City sent the owner a Notice of Violation due to the condition of the house described in the previous recitals as well as a front picture window that was now broken and repaired with duct tape; Resolution No. 12 -122 Page 2 WHEREAS, in March 2011, a male individual telephoned staff and discussed selling the property to the City, but after sporadic telephone calls, the male individual ceased contact altogether; WHEREAS, in October of 2011, someone dug fence post holes and installed a fence post between the sidewalk and curb; WHEREAS, because fences are not allowed in City right of way and must be at least two (2) feet back from the sidewalk, City staff knocked on the door of the property to explain this, but no one came to the door; WHEREAS, because the material was in City right of way, staff removed the materials; WHEREAS, someone re- installed the materials the next day, and staff again removed the materials; WHEREAS, in October of 2011, HIS issued a municipal infraction citation for failure to register a vacant building, City of Iowa City v. Named Trustee of Alpha One Trust Dated June 30, 2010, Johnson County No. CISC080962. WHEREAS, on January 5, 2012, no one appeared on behalf of the owner at the initial appearance; WHEREAS, in an Order entered January 5, 2012, the Court found the property to be a nuisance under section 6 -1 -2H1 of the City Code; WHEREAS, the Court ordered the owner to register the property as a vacant building and allow an inspection by City staff by February 1, 2012, and if the owner did not register the property and allow an inspection, the Court authorized City staff to enter the property for purposes of determining the condition of the property and any potential hazards that may exist; WHEREAS, because the owner did not comply with the court order, three City building inspectors and a police officer entered the property on February 7, 2012; WHEREAS, staff observed that most of the ceilings had been torn out to start repairs caused by the leaking roof, and some of the ceiling joists and rafters had "sistered" lumber on them to attempt repair; WHEREAS, it appeared that a third layer of shingles had been applied to the roof without replacing damaged sheathing as evidenced by the warped curves in the roof; WHEREAS, walls and electrical box covers had been removed exposing electrical wires; WHERAS, the stack vent for the furnace and water heater was rusted apart; WHEREAS, the City building inspectors noted these as hazardous situations; WHEREAS, no one has applied for a building permit for repairs and remodeling; WHEREAS, it is the opinion of City staff that the house can be saved and rehabilitated; Resolution No. 12 -122 Page 3 WHEREAS, the property has become a serious detriment and hazard to the neighborhood and is a public nuisance; WHERAS, the owner has not demonstrated any intent to bring the property into compliance with habitable standards; and WHEREAS, absent intervention, it is highly likely that the property will continue to generate nuisance complaints and violations and will continue to deteriorate and become even more hazardous until the house will no longer be salvageable. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF IOWA CITY, IOWA: 1. The property locally known as 2538 Nevada Avenue, Iowa City, Iowa is a public nuisance. 2. It is in the public interest of the City of Iowa City to acquire the property for the public purpose of disposing of the property by conveying the property to a private individual for rehabilitation or for demolition and construction of housing. 3. The City Manager, or designee, in consultation with City Attorney's office, is authorized and directed to establish, on behalf of the City, an amount the City believes to be just compensation for the property to be acquired, and to make an offer to purchase the property for the established fair market value. 4. The City Manager, or designee, is hereby authorized and directed to negotiate the purchase of the property. 5. The City Manager, or designee, is authorized to sign offers of purchase and purchase agreements for the purchase of the property. 6. In the event negotiation is successful, the Mayor and City Clerk are hereby authorized, upon direction of the City Attorney, to execute and attest all documents necessary to effectuate the purchase of the property. The City Attorney is hereby directed to take all necessary action to complete said transactions, as required by law. 7. In the event the property cannot be acquired by negotiation, the City Attorney is hereby authorized and directed to initiate condemnation proceedings for acquisition of the property. Passed and approved this 20th day of March , 2012. ATTEST: AtA� CIT LERK MAYOR Pro kem Approved by City Attorney's Office Resolution No. Page 4 12 -122 It was moved by Champion and seconded by Dobvns the Resolution be adopted, and upon roll call there were: AYES: x x x x x x NAYS: ABSENT: Champion Dickens Dobyns Hayek Mims Payne Throgmorton ;;�495� SKINNER LAW OFFICE ATTORNEYS AT LAW A Professional Corporation Ed Skinner 160 Adventureland Drive N.W. Telephone: 515-967.6264 R. Bradley Skinner Suite B Facsimile -515- 961;$486 Geri D. Huser P.O. Box 367 CD Altoona, Iowa 50009 March 20, 2012 .' Via Email: council@iowa- city.org Mayor and City Councilmembers City of Iowa City RE: Item 16 on Agenda for March 20, 2012, Council Meeting To Whom It May Concern: Please be advised that the following letter is being written at the request of and on behalf of the Alpha One Trust which is the current owner of property locally known as 2538 Nevada Avenue, Iowa City, Iowa. The purpose of this letter is to kindly request that you delay any possible determination on the subject property so that my client may be allowed to sell the property on the open market. We would be requesting between 90 and 180 days to sell the property or at least to see if an offer can be accepted. Since it appears that the City is periodically examining this property, the proof of sale can be witnessed by the listing and real estate sign. In addition in reviewing the resolution on this matter there were a number of contradictions contained therein. On the first page my client doesn't have any knowledge in regard to what the condition of the house was based upon the City's inspection or knowledge prior to the Trust ownership beginning February 2010. • Currently the utilities are shut off to the home. In the Resolution there is reference to an individual contacting the City regarding the proposed sale of the property. That is a correct statement. It has been represented to me that there were a number of conversations between the Trust and an individual with Mayor and City Councilmembers City of Iowa City March 20, 2012 Page 2 the City in regard to selling it and the Trust did make an offer of $79,900.00. However, after that point there were no further discussions, documents, or any offers from the City either accepting that offer or countering that offer. • In regard to fence post holes, the Trust got the message that it was not allowed and that is no longer an issue. • In regard to the municipal infraction citation or the Court finding a nuisance, the Trust had no knowledge of any of those proceedings other than what I have been able to find on the Iowa Courts Online system, well after the fact • The Trust had an agent meet with City inspectors on the property here recently on February 7, 2012 • Most of the ceilings have not been torn out. There are approximately four 5'x8' pieces of drywall that have been removed from the ceilings and it is the intent to repair the same. • The joists have been repaired, not attempted to be repaired. • As it regards the last six items on the second page of the resolution, as mentioned before the utilities have been shut off so there are no hazards. The home is secured. There are approximately two outlets without covers on them. The utility box is not uncovered. • The City maintains that no building permit has been pulled for the repairs or remodeling. The Trust has contacted the City and inquired as to what permits are required and in what circumstances. No repairs have been undertaken that raise this issue to the level of requiring a building permit. As the City is well aware, an owner can make a number of repairs without a building permit. • The Trust also agrees with the City's position that the home can be saved and rehabilitated as it appears there is only a few thousand dollars worth of repairs and maintenance that are required. It should also be noted that the City in their Resolution does not make mention of the fact of the building materials contained within the home including insulation and various appliances. These items alone refute the City's position that no steps have been taken to repair or remodel or there is no intent to repair or remodel. The Trust denies the City's contention that the property has become a serious detriment and hazard to the neighborhood and believe that the City is greatly exaggerating this issue so the elected officials give the City the right to purchase the property. Finally, the City's stance that absent intervention that it is highly likely that the property will continue nuisance complaints is without merit. This can be simply asked by requesting how many neighbors have filed a nuisance complaint against the property versus what City inspectors have witnessed. E a CD �i b '�, 9 Mayor and City Councilmembers City of Iowa City March 20, 2012 Page 3 market. During that time the City obviously has the right to make an offer on the property. If at any point in time the City does not feel that the home is not being marketed, they simply can bring this Resolution back in front of the City Council. Respectfully submitted, USE R. Bradley Skinner On behalf of the Alpha One Trust RBS /sjh rya M }� 17 Prepared by: Susan Dulek, Asst. City Attorney, 410 E. Washington St., Iowa City, IA 52240 (319) 356 -5030 RESOLUTION NO. 12 -123 RESOLUTION AUTHORIZING THE CITY MANAGER AND MAYOR TO ACQUIRE AND REHABILITATE HOMES FOR THE UNIVERCITY NEIGHBORHOOD PARTNERSHIP PROGRAM. WHEREAS, the UniverCity Neighborhood Partnership Program is a joint effort between the University of Iowa and the City to encourage home ownership and reinvestment in designated neighborhoods; WHEREAS, the City previously received $1.25 million dollars in I -Jobs grant funds to purchase and rehabilitate 26 homes; and. WHEREAS, the FY13 budget provides funding to rehabilitate a few additional houses. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF IOWA CITY, IOWA, THAT: 1. Upon the direction of the City Attorney, the City Manager is authorized to acquire and rehabilitate properties for the UniverCity Neighborhood Partnership Program. 2. Upon the direction of the City Attorney, the City Manager and /or the Mayor is authorized to execute promissory notes and mortgages with private lenders for financing the purchase of the properties. 3. The City Manager is authorized to execute early occupancy leases with buyers. 4. The City Clerk is authorized to attest to any document signed by the City Manager and /or Mayor as part of the acquisition and rehabilitation of the properties. Passed and approved this 20th day of March , 2012. AYOR Pro to Approved by ATTEST: �• 3 °i3- CITY LERK City Attorney's Office Resolution No. 12 -123 Page 2 It was moved by Dobyns and seconded by Payne the Resolution be adopted, and upon roll call there were: AYES: NAYS: ABSENT: x Champion _ x Dickens x Dobyns Hayek x Mims x _ Payne x Throgmorton