Encyclopedia Dubuque
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Affiliated with the Local History Network of the State Historical Society of Iowa, and the Iowa Museum Association.
DUBUQUE INITIATIVES: Difference between revisions
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DUBUQUE INITIATIVES. Dubuque Initiatives in 2003 was negotiating for the Lower Main Development LLC which wished to purchase the building and a 120 Main St. Parking lot for $500,000. In January, Dubuque Initiatives believed it had found the right developer and planned on presenting a memorandum of understanding to the Dubuque City Council. The president of the consortium was [[KRIEG, Kathryn "Katie"|Kathryn "Katie" Krieg]]. One of the board members was Mayor [[DUGGAN, Terry|Terry DUGGAN]]. (1) | DUBUQUE INITIATIVES. Dubuque Initiatives in 2003 was negotiating for the Lower Main Development LLC which wished to purchase the building and a 120 Main St. Parking lot for $500,000. In January, Dubuque Initiatives believed it had found the right developer and planned on presenting a memorandum of understanding to the Dubuque City Council. The president of the consortium was [[KRIEG, Kathryn "Katie"|Kathryn "Katie" Krieg]]. One of the board members was Mayor [[DUGGAN, Terry|Terry DUGGAN]]. (1) | ||
In 1999 Dubuque Initiatives primary concern was to ensure that redevelopment was according to city standards. The Initiative purchased the Locust Street property of [[SCHOEN'S ANTIQUES]]. The building that was razed played a role in making the Weber Paper building more attractive to buyers who wanted off-street parking. (2) In November 2002, the city agreed to sell the corporation 4.9 acres of [[PORT OF DUBUQUE | In 1999 Dubuque Initiatives primary concern was to ensure that redevelopment was according to city standards. The Initiative purchased the Locust Street property of [[SCHOEN'S ANTIQUES]]. The building that was razed played a role in making the Weber Paper building more attractive to buyers who wanted off-street parking. (2) In November 2002, the city agreed to sell the corporation 4.9 acres of [[PORT OF DUBUQUE]] land that the city had acquired from Dubuque Hardwoods. To raise the $3.2 million needed for the sale, the city needed additional funding. This was achieved by selling the property to the Initiative for $1.6 million. Although the Initiative had the right to sell or develop the land, it was hoped that when the city had the needed funding it would buy the land back. (3) At the time, the city also agreed that Dubuque Initiatives would receive land the city was acquiring from [[KLAUER MANUFACTURING COMPANY]]. | ||
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Revision as of 02:44, 21 June 2019
DUBUQUE INITIATIVES. Dubuque Initiatives in 2003 was negotiating for the Lower Main Development LLC which wished to purchase the building and a 120 Main St. Parking lot for $500,000. In January, Dubuque Initiatives believed it had found the right developer and planned on presenting a memorandum of understanding to the Dubuque City Council. The president of the consortium was Kathryn "Katie" Krieg. One of the board members was Mayor Terry DUGGAN. (1)
In 1999 Dubuque Initiatives primary concern was to ensure that redevelopment was according to city standards. The Initiative purchased the Locust Street property of SCHOEN'S ANTIQUES. The building that was razed played a role in making the Weber Paper building more attractive to buyers who wanted off-street parking. (2) In November 2002, the city agreed to sell the corporation 4.9 acres of PORT OF DUBUQUE land that the city had acquired from Dubuque Hardwoods. To raise the $3.2 million needed for the sale, the city needed additional funding. This was achieved by selling the property to the Initiative for $1.6 million. Although the Initiative had the right to sell or develop the land, it was hoped that when the city had the needed funding it would buy the land back. (3) At the time, the city also agreed that Dubuque Initiatives would receive land the city was acquiring from KLAUER MANUFACTURING COMPANY.
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Source:
1. Coyle, Erin, "Developers Might Buy Ex-Weber Paper Building," Telegraph Herald, January 20, 2003, p. 3
2. Berg, Renee, "How Much for the Indian Statue?" Telegraph Herald, March 31, 1999, p. 1
3. Coyle, Erin, "Initiative Taken in Port," Telegraph Herald, November 26, 2002, p. 1