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HomeMy WebLinkAboutMoss Ridge Road RISE Grant 1 Form 260002 02-10 APPLICATION FORM for RISE: IMMEDIATE OPPORTUNITY PROJECT FUNDING GENERAL INFORMATION Applicant Name: City or County of City of Iowa City Contact Person: Ron Knoche Title: City Engineer Mailing Address 410 East Washington St, Iowa City, Iowa 52240 Street Address City State ZIP Code Email Address ron -knoche@iowa -city.org Daytime Phone: 319-356-5138 Area Code If more than one local government is involved in this roadway project, please state the highway authority, contact person, mailing address, and telephone number of the second agency. (Attach an additional page if more than two agencies are involved.) City or County of Contact Person: Mailing Address Street Address City State ZIP Code Email Address Daytime Phone: Area Code Was this application discussed with or reviewed by DOT District Office staff? Yes No Have you applied for funding from the Department of Economic Development? Yes No If so, please state amount, purpose, and status. Please complete the following: The proposed project is on the following type(s) of road: City Street Secondary Road Primary Road This project involves Development of a New Road (Length in feet: 2,100 - Moss Ridge Road ) Improvement of an Existing Road (Length in feet: 2,300 - IA Highway 1 ) Both This project involves Expanding an Existing Development Attracting a New Development Retaining an Existing Development Has any part of this development or roadway project been started? Yes No If yes, please explain. Preliminary plans are being created now. Does the project involve relocation of economic activity from elsewhere in Iowa? Yes No If yes, please explain. This application is for RISE funding as a Loan Grant Combination If this application is for a loan or a combination loan/grant, please state the proposed terms of repayment. (Include amount of principal to be repaid, proposed interest rate, length of repayment, etc.) If this application is for funding for two or three program years, please specify the amount of funding requested for each year: First year $ Second year $ Third year $ 2 ROADWAY PROJECT COST INFORMATION (Please attach an itemized breakdown as Item J.) RISE funds requested for roadway project $ 3,023,200 Non-RISE funds available for roadway project $ 755,800 List below the source and amount of these non-RISE roadway funds. Source Amount Assured? 1. General Obligation Bonds $755,800 Yes 2. 3. 4. Total cost of roadway project $ 3,779,000 (The RISE funds requested and the non-RISE funds available should equal the total cost of roadway project.) TOTAL CAPITAL INVESTMENT INFORMATION (For purposes of this application, total capital investment should not include any investment in the roadway project. Please attach an itemized breakdown as Item I.) Capital investment from private sources (non-roadway) $ 13,096,750 Capital investment from public sources (non-roadway) $ 460,200 Total Capital Investment $ 13,556,950 ECONOMIC IMPACT INFORMATION The type of development involved is Industrial/manufacturing Commercial/office/wholesale Park/tourist/recreational Retail Other (specify) Please state the number of permanent, direct jobs created and/or retained as a result of this project. (Direct jobs created refer to new jobs in firms, developments, or sites specifically assisted by a RISE project but do not include construction or indirect “multiplier” jobs. Direct jobs retained do not include existing jobs unless there is an immediate threat the development will be located out-of-state, and documentation is provided.) Permanent, full-time jobs at present 69 (Use full-time equivalents if necessary.) Initial direct jobs created 9 (within first two years) Future direct jobs created 41 (beyond first two years) Total direct jobs created 50 Total direct jobs retained 69 Exhibit A Resolution The City Council of Iowa City will approve the following resolution at their next scheduled meeting on January 22, 2013. We will submit the signed resolution via email on January 23 and mail the original the same day. Prepared by: Kristopher Ackerson, Assistant Transportation Planner, 410 E. Washington St. Iowa City, IA 52240 (319) 356-5247 RESOLUTION NO.___________ RESOLUTION DECLARING THE CITY OF IOWA CITY’S APPLICATION FOR RISE FUNDS FOR THE PROPOSED MOSS RIDGE ROAD FROM IOWA STATE HIGHWAY 1 TO MOSS RIDGE CAMPUS AT RAPID CREEK PRESERVE WHEREAS, the City of Iowa City, Iowa (“City”) endorses the construction of the proposed Moss Ridge Road for dedicated public use heading west from a new signalized intersection with State Highway 1 approximately one-quarter mile north of Interstate 80 to serve the future Moss Ridge Campus at Rapid Creek Preserve; and WHEREAS, the City’s adopted Comprehensive Plan recommends that the City attract additional commercial development adjacent to Interstate 80 and the new Moss Ridge Road will enable development on land that will be accessible to the interstate and Iowa highway networks; and WHEREAS, the City has identified an immediate, non-speculative opportunity for job retention and creation that is dependent upon the construction of Moss Ridge Road in 2013; and WHEREAS, the proposed road construction improvements will enhance the economic development of the community and surrounding area and add to the quality of life of citizens; and WHEREAS, increased commercial business creates additional jobs for residents and allows growth of the tax base and is consistent with the intent of the RISE program to fund projects which grow the Iowa tax base and facilitate job creation; and WHEREAS, the City needs the Revitalize Iowa’s Sound Economy (RISE) funds to assist in the improvements needed for this project; and WHEREAS, the City will be responsible for adequately maintaining said roadway improvements that are not within Iowa Department of Transportation right-of-way; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF IOWA CITY, IOWA, THAT: 1. The estimated total cost of construction for Moss Ridge Road and intersection with State Highway 1 is $4,466,000 and the City of Iowa City is applying for a minimum of fifty percent of the costs ($2,233,000) from the RISE program. 2. The City hereby officially endorses and directs City staff to submit a RISE grant application to Iowa DOT for eligible construction expenses of Moss Ridge Road. 3. The City Engineer or designee is hereby authorized to execute the “Application Certification for Immediate Opportunity.” 4. 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 _________ day of _____________________, 20_____. ________________________________________ MAYOR Approved by ATTEST: ___________________________ CITY CLERK ________________________ City Attorney's Office It was moved by __________________ and seconded by ________________ the Resolution be adopted, and upon roll call there were: AYES: NAYS: ABSENT: ______ ______ _______ Champion ______ ______ _______ Dickens ______ ______ _______ Dobyns ______ ______ _______ Hayek ______ ______ _______ Mims ______ ______ _______ Payne ______ ______ _______ Throgmorton Exhibit B Potential Economic Development Shive-Hattery is an architecture and engineering firm with over 115 years of continuous operation. They provide full engineering services to give clients a single source of solutions. The process of getting there is unique to each project and each client. Providing the right team of talented specialists, identifying and managing the critical steps to success and delivering quality service—it’s what they have done for more than 115 years. Shive-Hattery is a leader in innovative engineering solutions for private and public clients across the Midwest. Shive-Hatter y delivers the expertise of nearly 2,000 professionals in seven offices across Iowa, Illinois, and Missouri. The company’s revenue for 2011 exceeded $100 million dollars. Shive- Hattery currently has three established facilities in Iowa, including Des Moines, Cedar Rapids, and Iowa City which employ approximately 220 colleagues as of July 2012. Some of Shive-Hattery’s larger clients include Universities of Iowa and Iowa State, U.S. Department of Defense, and U.S. Army Corps of Engineers. Shive-Hattery is currently considering relocating its Iowa City office to a larger office space that will accommodate a growing staff. To meet this immediate opportunity, the City of Iowa City has facilitated negotiations between Shive-Hattery and the property owner, Mr. Steve Moss, who has partnered with the firm of R&R Realty Group to develop the Moss Ridge Campus office park. Founded as a commercial real estate company in 1985, R&R Realty Group has become one of the largest real estate development and property management firms in Iowa. R&R currently owns and manages more than 6 million square feet of office, retail, multifamily and warehouse facilities. Shive-Hattery has agreed to relocate its operations and sixty-nine colleagues to Moss Ridge Campus Office Park, a proposed professional office park in Iowa City being developed by the property owner, Mr. Steve Moss in partnership with R&R Realty Group, if the property is accessible by Fall 2013 – currently the property is landlocked. The company anticipates entering a 10-year lease with the developer/owner of the building for a build-to-suit facility with opportunities for future expansion. In addition to capital investment of approximately $6 million to $7 million dollars (site acquisition and construction), the Company also plans to hire nine additional employees with an average wage of $50,000 (not including benefits) after the relocation is complete. The Company will only be located in Iowa City if the road project is completed. The project will open up the Moss Ridge Campus to development, as outlined in the following section. Local Development Opportunity The proposed Moss Ridge Road will not only serve the property for Shive-Hattery’s new office building but the entire Moss Ridge Campus office park, as well. R&R Realty Group is working with the Moss family to master plan and develop a Class A office park on approximately 170 acres located on the NW corner of Highway 1 and I-80 in Iowa City (see map below). The project has been approved by the City of Iowa City. This project will be similar to the 4 office parks owned by R&R Realty Group in the western suburbs of Des Moines and will require similar access and infrastructure to be successful. R&R’s strategy over the past 27 years has produced nearly 3,500,000 square feet of Class A office in the greater Des Moines market. Based the total build-out of the Moss Ridge Campus, R&R anticipates the entire development will create over 5,000 professional office positions with salaries averaging $55,000 per year. The number of jobs is confirmed by the trip generation study (see Exhibit C) that estimates over 9,000 vehicles will enter and exit each day (total of 18,000 ADT). Limited Options: The Moss Ridge Campus property is one of only a few viable locations in the City of Iowa City that has all the key components to make an office park successful. Those components are as follows: 1. Parcel Size : To attract quality long term companies you have to have a large enough parcel that can accommodate multiple buildings that offer companies expansion capabilities under a single ownership structure. Moss Ridge Campus would be able to accommodate over 1,000,000 square feet of office property which would attract and house over 5,000 employees. 2. Access : Larger office parks with support retail will require multiple and well located access points in order to accommodate the traffic and movement. R&R has developed all of its projects off of the interstate systems and all have multiple access points in and out of the parks. Companies continue to push their square feet per person down trying to lower their overall real estate costs which will continue to push the need for good access and multiple ingress/egress points. 3. Timing : According to R&R Realty, when a business tenant is ready to make a commitment they must to be in a position to respond with decisions and a building to meet their timeline. Being “shovel ready” is the key to economic development and having the necessary infrastructure can be costly and prohibitive for most developments. The Moss family has made a substantial financial commitment to date and continues to be willing to fund the development of future office / retail developments. Ph a s e 2 Ph a s e 1 Exhibit C Transportation Narrative This proposed construction of Moss Ridge Road will be the only access to the site and is critical for the development of the project. The proposed professional office is located in Moss Ridge Campus Office Park, which is west of Iowa Highway 1 (North Dodge Street) and north of Interstate 80. The property is currently inaccessible by road – this project will provide access to the site, as well as potentially provide secondary access in the long term to Pearson, an international educational testing, learning, and curricula development company with over 1,100 employees. The proposed RISE funded project will construct a new signalized intersection with Highway 1 and extend Moss Ridge Road westerly to the boundary of Moss Ridge Campus Office Park. From that point, the developer/owner of the office park will construct the necessary roads and infrastructure to serve individual properties in the office park (see Exhibit I for Immediate Opportunity and Local Development capital investment). The primary routes of access to Moss Ridge Road will be Interstate 80 and Iowa Highway 1, both of which are maintained by state and federal agencies, and are in good to excellent condition. The proposed cross section of Moss Ridge Road is 31 feet (back of curb to back of curb) and will include two 12-foot wide travel lanes and two 4-foot striped gutters for snow storage. The cross section also includes one 8-foot sidewalk – our itemized cost estimate quotes a 5-foot sidewalk – that will tie into the existing 8-foot sidewalk along Highway 1 that connects crosses Interstate 80 and connects to the entire sidewalk network. The City contracted a trip generation study (see exhibits on following page) to determine what facilities would be necessary to serve automobiles when the Moss Ridge Campus is fully developed. The study indicates approximately 18,011 trips daily (9,005 entering and 9,005 exiting) after full build out. NOTE: the study included trip generation for apartments but the plans no longer include residential uses – it will be primarily professional office with a small amount of support commercial to serve the larger employment base anticipated for the office park. Due to the increases in traffic, Iowa Highway 1 (North Dodge Street) will have capacity added as part of this RISE funded project. The intersection will be signalized and additional turn lanes will be constructed to serve traffic entering and exiting the new roadway. Exhibit D Area Map See maps on following pages Ph a s e 2 Ph a s e 1 Exhibit E Plan and Cross Section See following pages Exhibit F Time Schedule 2013 Mar 29 Submit plans to DOT for RISE grant review (3 to 4 week review period) Mar 29 Submit DOT Hwy access & Traffic control permit application May 7 100% Complete May 7 Set Public Hearing May 21 Public Hearing June 13 Letting June 13 Receive & Open Bids June 18 Award Contract July 8+/- Preconstruction Meeting November Substantial Completion 2014 Spring Final Completion Exhibit G Assurance The City of Iowa City assures that the 20% (and up to 50%) non-RISE financial participation will be provided (see City resolution and cover letter). Exhibit H Documentation of Non-Roadway Factors Zoning: The site is currently zoned Interim Development Research Park (ID-RP). This zoning meets the requirements of the Shive-Hattery facility and any future professional office uses. Water: 12” water main Sewer: 24” line, connected to City of Iowa City sanitary sewer system Financing: Has been obtained Building Permit: Pending Exhibit I Capital Investment Breakdown Private Capital Investment (non-roadway) for Shive-Hattery Site Land Purchase: $ 1,300,000 Site Preparation: $ 560,000 Building Construction: $ 4,800,000 Furniture & Fixtures: $ 750,000 15% Contingency $ 1,112,000 Grading, Utilities, Environmental $ 4,574,750 (for Phase 1 development) TOTAL: $ 13,096,750 Public Capital Investment (non-roadway) for Shive-Hattery Site & Phase 1 of Moss Ridge Campus Tree removal and wetland mitigation $ 25,000 Sanitary Sewer (PVC 8”) $ 9,600 Sanitary Sewer Gravity Main $ 183,600 Water Main (12”) $ 195,000 Fire Hydrants $ 32,000 Trees and Shrubs $ 15,000 TOTAL: $ 460,200 Local Development Opportunity – Phase 2: Moss Ridge Campus Office Park Grading $ 1,457,400 Utilities $ 1,312,275 Paving $ 657,350 Environmental $ 500,000 Restoration $ 543,000 TOTAL: $ 7,239,700 Exhibit J Itemized Cost Estimate See following page 4 Form 260002 8-94wd RISE IMMEDIATE OPPORTUNITY APPLICATION Roadway Project Description and Cost Estimate (RISE-Eligible Items) LEAD APPLICANT NAME: City of Iowa City Date: January 17, 2013 ROAD PROJECT DESCRIPTION: Location: Highway 1 to proposed Moss Ridge Campus at Rapid Creek Length (ft.): 2,100 - Moss 2,300 - Hwy 1 Pavement Width: 31' BOC to BOC ROW Width: 66' Pavement Type: PCC - Moss, PCC Base & ACC Surface - Hwy 1 Depth: 8" - Moss, 10" PCC Base & 3" ACC Surface TRAFFIC INFORMATION: Present AADT (2010 ): Moss - 0, Hwy 1 - 8,300 % Trucks: 2.2 Design Year AADT (2025 ): Moss - 9,524 Hwy 1 - 7,200 % Trucks: 2.2 COST ESTIMATE: Item Description Units & Unit Cost Total Cost See Attached Opinion of Anticipated Construction Costs SUBTOTAL $3,131,350 Engineering, Legal, Administration $ 469,703 Contingency $ 313,135 GRAND TOTAL $3,915,000 Note: If road project is in more than one jurisdiction, please prepare separate cost estimate forms for each portion and submit with applications. City of Iowa City - Moss Ridge Road OPINION OF ANTICIPATED CONSTRUCTION COSTS Preliminary Engineering Phase - 1/17/2013 UNIT EXTENDED ITEM DESCRIPTION UNIT QUANTITY COST COST 1 CLEARING AND GRUBBING ACRE 10 10,000.00 $ 100,000.00 $ 2 EXCAVATION, CLASS 10, ROADWAY AND BORROW CY 64,600 11.00 $ 710,600.00 $ 3 TOPSOIL, STRIP, SALVAGE AND SPREAD CY 5,400 8.00 $ 43,200.00 $ 4 MODIFIED SUBBASE CY 3,100 40.00 $ 124,000.00 $ 5 GRANULAR SHOULDERS, TYPE B TON 140 25.00 $ 3,500.00 $ 6 PAVED SHOULDER, HOT MIX ASPHALT MIXTURE, 8 IN. SY 2,200 45.00 $ 99,000.00 $ 7 STANDARD OR SLIP FORM PORTLAND CEMENT CONCRETE PAVEMENT, CLASS C, CLASS 3 DURABILITY, 9 IN. SY 8,810 50.00 $ 440,500.00 $ 8 STANDARD OR SLIP FORM PORTLAND CEMENT CONCRETE PAVEMENT, CLASS C, CLASS 3 DURABILITY, 10 IN. SY 2,480 65.00 $ 161,200.00 $ 9 MEDIAN, P.C. CONCRETE, 4 IN. SY 1,010 70.00 $ 70,700.00 $ 10 HOT MIX ASPHALT MIXTURE (1,000,000 ESAL), INTERMEDIATE COURSE, 1/2 IN. MIX TON 210 95.00 $ 19,950.00 $ 11 HOT MIX ASPHALT MIXTURE (1,000,000 ESAL), SURFACE COURSE, 1/2 IN. MIX, NO SPECIAL FRICTION REQUIREMENT TON 210 100.00 $ 21,000.00 $ 13 PRECAST CONCRETE BOX CULVERT, 10 FT. X 5 FT. LF 25 600.00 $ 15,000.00 $ 14 PRECAST CONCRETE BOX CULVERT, 12 FT. X 6 FT. LF 122 1,000.00 $ 122,000.00 $ 15 PRECAST CONCRETE BOX FLARED APRON, 10 FT. X 5 FT.EACH 1 15,000.00 $ 15,000.00 $ 16 PRECAST CONCRETE BOX FLARED APRON, 12 FT. X 6 FT.EACH 2 25,000.00 $ 50,000.00 $ 17 APRONS, CONCRETE, 18 IN. DIA. EACH 2 800.00 $ 1,600.00 $ 18 APRONS, CONCRETE, 24 IN. DIA. EACH 1 1,000.00 $ 1,000.00 $ 19 APRONS, CONCRETE, 48 IN. DIA. EACH 2 2,000.00 $ 4,000.00 $ 21 INTAKE, SW-507 EACH 8 3,000.00 $ 24,000.00 $ 22 INTAKE, SW-512, 24 IN. EACH 3 2,000.00 $ 6,000.00 $ 23 SUBDRAIN, LONGITUDINAL, (SHOULDER) 4 IN. DIA. LF 7,100 8.00 $ 56,800.00 $ 24 STORM SEWER, TRENCHED, RCP, 2000D (CIII), 18 IN. LF 690 65.00 $ 44,850.00 $ 25 STORM SEWER, TRENCHED, RCP, 2000D (CIII), 24 IN. LF 120 70.00 $ 8,400.00 $ 26 STORM SEWER, TRENCHED, RCP, 2000D (CIII), 36 IN. LF 26 125.00 $ 3,250.00 $ 27 STORM SEWER, TRENCHED, RCP, 2000D (CIII), 48 IN. LF 250 170.00 $ 42,500.00 $ 30 REVETMENT, CLASS E TON 290 50.00 $ 14,500.00 $ 31 REMOVAL OF PAVEMENT SY 1,400 10.00 $ 14,000.00 $ 32 SPECIAL SUBGRADE PREPARATION SY 1,460 5.00 $ 7,300.00 $ 33 SIDEWALK, P.C. CONCRETE, 6 IN. (INCLUDES ONLY 5' WIDTH) SY 1,460 35.00 $ 51,100.00 $ 34 SIGNAGE LS 1 15,000.00 $ 15,000.00 $ 35 TRAFFIC SIGNAL AND INTERCONNECT TO NORTHGATE LS 1 200,000.00 $ 200,000.00 $ 36 PAINTED PAVEMENT MARKINGS, DURABLE STA 40 80.00 $ 3,200.00 $ 37 TRAFFIC CONTROL LS 1 50,000.00 $ 50,000.00 $ 38 MOBILIZATION LS 1 150,000.00 $ 150,000.00 $ 41 EROSION CONTROL AND SEEDING LS 1 80,000.00 $ 80,000.00 $ 44 RIGHT-OF-WAY ACQUISITION LS 1 250,000.00 $ 250,000.00 $ Sub-Total 3,023,150 $ Engineering, Legal, Administration 453,473 $ Contingency 302,315 $ *Grand Total 3,779,000 $ *Does not include costs for environmental mitigation DESCRIPTION: 31-foot wide new PCC Roadway approximately 2,100-feet from Highway 1 to proposed Moss Ridge Campus at Rapid Creek Subdivision. Project also includes Highway 1 improvements, 8-ft walk, traffic signals and interconnect, sanitary sewer, water main, stormwater system, and detention basins. 112327-1 Item K Description of Associated Economic Development and Jobs 1. A. Description and History of Business Shive-Hattery, Inc. is an architecture/engineering firm, which has been in continuous operation in Eastern Iowa for more than 115 years. The company goes beyond full service to give our clients a single source for solutions. Our mission is to provide outstanding client service through planning, design, construction and post occupancy. The process is unique to each project and each client. Providing the right team of talented specialists, identifying and managing the critical steps to success and delivering quality services has led to continuous growth of our firm in both revenues and employees. The Company is ranked 31st in the Building Design and Construction annual listing of top architecture, engineering and construction firms and serves six market sectors: Education, Government, Commercial, Healthcare, Industry and Telecommunications. The Corporate office for Shive-Hattery is located in Cedar Rapids, Iowa. The company is a regional Mid- West firm that has over 325 employees and has design offices (with the number of employees in each office in parenthesis) in the following locations: Iowa Illinois Indiana Missouri Cedar Rapids (44) Bloomington (16) Valparaiso (16) Chesterfield (1) Iowa City (69) Chicago (12) West Des Moines (84) Downers Grove (18) Corporate Office (25) Moline (49) The Company’s Iowa City office is the second largest office (by staff) in the company and has experienced continuous and steady growth over the past 15 years. In 1997, there were 40 employees in the Iowa City office (in an office that was designed for 50 staff) and have currently grown to 69 employees in 2012. It is anticipated that growth will continue, and have plans to grow to 78 staff in the next two years, and grow to 90 staff in 5 years. Shive-Hattery is currently considering construction of a 27,000 square foot (expandable) operations center to accommodate the Company's business expansion needs. The Company anticipates entering into a 10-year lease with the developer/owner of the building for a build-to-suit facility. A capital investment of approximately $6 to $7 million (site acquisition and construction) is anticipated. The first phase of the construction will accommodate about 90 staff members. 1.B. Growth Data Since 2007, revenues for the Iowa City office have grown from approximately $7 million to $14 million. Staff size has grown from 52 employees to 69 in the same period. Much of this growth was in a recessionary period for the country. With slow and steady recovery of the economy, we anticipate growth in the sectors we serve. Historically, there has been large growth in architecture and engineering services at the end of recessionary periods. 1.C. Hourly Wages for Job Classifications The hourly wages for professionals in the Iowa City office vary widely depending on their area of expertise and experience. Most staff are salaried, not hourly employees. The following listing gives the ranges of salaries for our full time staff: Administrative Staff $32,000 – $64,000 Architects $40,000 - $100,000 Engineers $50,000 - $100,000 Project Managers $60,000 - $90,000 Licensed Surveyors $50,000 - $80,000 Field Technicians $20.00 - $30.00/hour Summer Interns $13.00 - $16.00/hour 1.D. Turnover Rates for Staff The following table of turnover rates for the Iowa City office includes both voluntary (retirements, leave for another job opportunity) and involuntary (terminations and lay-offs) turnover. As previously mentioned, despite losing staff to turnover, the office has replaced the departing staff and has added additional staff requiring the need for relocating to a new office building. It should be noted that the average turnover rate in the Architecture/Engineering industry is 15%. Turnover Rates: 2008 – 3.6% 2009 – 8.5% 2010 – 5.2% 2011 – 5.1% 2012 – 8.8% 1. E Benefits All full time and some part-time employees are eligible for benefits through the company benefit program. The details of the benefit program are shown in the table below: Employee Benefits Employee Benefits Provided by Business Total Annual Cost (shown per employee) Portion of Total Annual Cost Paid by Business Plan Provisions Employee Family Employee Family Deductibles (include co- insurance %, office visit co-pay, annual out-of-pocket max, etc.) Medical Insurance Health Plan A $6,987.12 $17,385.12 $5,559.12 $12,153.12 Employee - $2500 Family - $5000 Co-Pay: $20/$40 Out of Pocket: $5000/$7500 Co-insurance = 20% Health Plan B $5,933.28 $15,969.72 $4,709.28 $11,253.72 Employee - $2500 Family - $5000 Co-Pay: $30/$60 Out of Pocket: $5000/$7500 Co-insurance = 20% Dental Insurance $370.44 $1,385.64 $370.44 $370.44 Employee - $50 Family - $150 Annual Max - $1500 Preventative Service - Deductible Waived Orthodontics - $2000 Lifetime Max Life Insurance $0.00 $0.00 100% N/A Life Coverage - 1x Annual Salary Max $100,000 Short Term Disability $0.00 N/A 100% N/A 66.67% of Base Salary Max $8000/month Waiting Period - 7 Calendar Days Maximum 13 weeks Long Term Disability $0.00 $0.00 100% N/A 66.67% of Base Salary Max $8000/month 401K Year Ending 2009 2010 2011 Employee must be 21, employed for 2 years before eligible for matching, work 1000 hours each year and be an employee on December 31 to receive a matching deposit. This plan has immediate vesting. Match % 3.00% 3.00% 3.00% Profit Sharing Year Ending 2009 2010 2011 Employee must be 21, work 500 hours during the year and be an employee on December 31 to receive a profit sharing deposit. This plan has a 6 year vesting schedule. Match % 4.72% 5.28% 1.F. Civil or Criminal Violations The company does not have any civil or criminal violations within the past 5 years (if ever). 1.G. Percentage of in-state suppliers As this is a professional services company, in-state suppliers will be local service providers for business related needs. 1.H. Iowa Companies you expect to sell to which currently buy from non-Iowa companies The Iowa City office sells it services primarily to clients within a 60 mile radius of Iowa City. To which extent new clients that currently buy from non-Iowa firms is not determinable. 1.I. Import Substitution This does not apply to our Professional Services firm. 1.J. Other Iowa Companies that could be considered as your competitors. Any and all Architecture and Engineering firms could be considered competitors. The Iowa City office is the only full service Architecture/Engineering firm in the Iowa City area. 1.K. Required Environmental Permits No special permitting necessary for this business operation. 2. A. Preference to Hire Iowa Residents. Whenever possible, the Iowa City office tries to hire local personnel from within a 30-50 mile radius. We have found that hiring local people are usually “rooted” to the area (usually by family) and want to stay in the area. This helps with keeping our turnover rates low. Since our business is client relations based, turnover can severely impact our business, which is why hiring local people is to our advantage. Priorities will be given to those local workers with demonstrated skills, educational attainment levels and experience appropriate for the duties required. The company is an equal opportunity employer with a strong focus on diversity. 2.B. Has the Company merged or acquired an Iowa company? No. 2.C. What percentage of the total Iowa City Office Operating Expenditures (including wages and salaries) will be spent within the State of Iowa? Approximately 90%-95% 2.D. Of the total dollar amount of annual sales, what is the expected percentage of out of state sales? To Be Determined. We traditionally serve clients in the 60 mile radius of Iowa City. However, on occasion, we will have a client that is from out of state. 2.E. Are there any other state funds being requested for road or economic development project? Not that we are aware of. Exhibit L MPOJC Letter See following page Exhibit M Minority Impact Statement See following pages 8 Form 105101 (03-2009) MINORITY IMPACT STATEMENT Pursuant to 2008 Iowa Acts, HF 2393, Iowa Code Section 8.11, all grant applications submitted to the state of Iowa that are due beginning January 1, 2009 shall include a Minority Impact Statement. This is the state’s mechanism for requiring grant applicants to consider the potential impact of the grant project’s proposed programs or policies on minority groups. Please choose the statement(s) that pertains to this grant application. Complete all the information requested for the chosen statement(s). Submit additional pages as necessary. The proposed grant project programs or policies could have a disproportionate or unique positive impact on minority persons. Describe the positive impact expected from this project. Indicate which group is impacted: Women Persons with a disability Blacks Latinos Asians Pacific Islanders American Indians Alaskan Native Americans Other The proposed grant project programs or policies could have a disproportionate or unique negative impact on minority persons. Describe the negative impact expected from this project. Present the rationale for the existence of the proposed program or policy. Provide evidence of consultation with representatives of the minority groups impacted. 9 Indicate which group is impacted: Women Persons with a disability Blacks Latinos Asians Pacific Islanders American Indians Alaskan Native Americans Other The proposed grant project programs or policies are not expected to have a disproportionate or unique impact on minority persons. Present the rationale for determining no impact. I hereby certify that the information on this form is complete and accurate, to the best of my knowledge: Name: Title: Ron Knoche, City Engineer Definitions “Minority Persons,” as defined in Iowa Code Section 8.11, means individuals who are women, persons with a disability, Blacks, Latinos, Asians or Pacific Islanders, American Indians, and Alaskan Native Americans. “Disability,” as defined in Iowa Code Section 15.102, subsection 7, paragraph “b,” subparagraph (1): b. As used in this subsection: (1) "Disability" means, with respect to an individual, a physical or mental impairment that substantially limits one or more of the major life activities of the individual, a record of physical or mental impairment that substantially limits one or more of the major life activities of the individual, or being regarded as an individual with a physical or mental impairment that substantially limits one or more of the major life activities of the individual. "Disability" does not include any of the following: (a) Homosexuality or bisexuality. (b) Transvestism, transsexualism, pedophilia, exhibitionism, voyeurism, gender identity disorders not resulting from physical impairments or other sexual behavior disorders. (c) Compulsive gambling, kleptomania, or pyromania. (d) Psychoactive substance abuse disorders resulting from current illegal use of drugs. “State Agency,” as defined in Iowa Code Section 8.11, means a department, board, bureau, commission, or other agency or authority of the state of Iowa. 325 E Washington St Suite 101 Iowa City, Iowa 52240 (319) 354-3939 Extraordinary Opportunities in Unexpected Places 1.11.13 Tom Markus 410 E. Washington St. Iowa City, IA 52240 Tom, On behalf of The Iowa City Area Development Group, I would like to convey our full support for the City of Iowa City’s request for competitive RISE funding to construct Moss Ridge Road which will allow access into the Moss Ridge Campus Development. This high visibility development along Interstate 80 has already garnered significant interest from site selection consultants and existing local employers interested in expansion. We think the site design has evolved significantly since its original inception and feel that it offers the ideal mix of office, retail and housing to make it an attractive live / work environment. Our area continues to receive regular inquiries for large office space that our market does not currently have available. Consultants from around the country have defined the type of office park environment our area needs to compete for projects; this development would be the best means for achieving this goal. Additionally, Moss Ridge Road helps to align the longer term goals of cre ating a secondary access point for commuter traffic to access new and existing major employers such as Pearson and Mercer from other areas of the region. We feel the short and long term impacts of this access road are tremendous and we hope you will support the City of Iowa City’s request to access funding for this project. As the economic development entity for the Iowa City Area, the ICAD Group will work to the best of our abilities to ensure this investment is realized in real economic growth and long term benefit for the State of Iowa. Please do not hesitate to contact our organization if we can provide any additional information or assistance to this project. Best Regards, Mark Nolte, Interm President Iowa City Area Development Group To: Karen Howard, City of Iowa City RISE Application Letter From: Brett Bosworth, President of R&R Equity Partners _____________________________________________________________________________________ Moss Ridge Campus Office Park: R&R Realty Group is working with the Moss family to master plan and develop a Class A office park on approximately 170 acres located on the NW corner of Highway #1 and I- 80 in Iowa City. R&R Realty Group will target and market the locations to professional office, non- personal service uses, or industrial/manufacturing. The project has been approved by the City of Iowa City and is in the final stages negotiations to begin construction on the access road. This project will be similar to the 4 office parks R&R owns in the western suburbs of Des Moines and will require similar access and infrastructure to be successful. Our strategy over the past 27 years has produced around 3,500,000 square feet of Class A office here in the greater Des Moines market. Limited Options: The Moss Ridge Campus property is really the only viable location in the City of Iowa City that has all the key components to make an office park successful. Those components are as follows; Keys to Success : 1. Parcel Size : To attract quality long term companies you have to have a large enough parcel that can accommodate multiple buildings that offer companies expansion capabilities under a single ownership structure. Moss Ridge Campus would be able to accommodate over 1,000,000 square feet of office property which would attract and house over 5,000 employees. 2. Access : Larger office parks with support retail will require multiple and well located access points in order to accommodate the traffic and movement. R&R has developed all of its projects off of the interstate systems and all have multiple access points in and out of the parks. Companies continue to push their square feet per person down trying to lower their overall real estate costs which will continue to push the need for good access and multiple ingress/egress points. 3. Timing : When a business tenant is ready to make a commitment we must to be in a position to respond with decisions and a building to meet their timeline. Being “shovel ready” is the key to economic development and having the necessary infrastructure can be costly and prohibitive for most developments. The Moss family has made a substantial financial commitment to date and continues to be willing to fund the development of future office / retail developments. Moss Ridge Campus is the only site in Iowa City that R&R has been able to identify that meets these parameters and we ask that assistance be considered for access by the State of Iowa. Brett Bosworth President of R&R Equity Partners