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Tama approves TIF increase for IPB

$7.5 million cold storage building added

June 20, 2014
Toledo Chronicle, Tama News-Herald

Iowa Premium Beef has a $7.5 million cold storage building under construction at the former Tama Pack which is being readied for reopening. With this added property value, Kate Crowley, a Madison, Wisc. financial advisory firm representative, sought to have the tax increment financing arrangement (TIF) with the city of Tama amended to reflect this added value at the regular meeting of the Tama City Council on Monday night, June 16.

Council members voted 5-0 to raise the cap on the projected assessed value amount to $16,707,137 from the previous $11,175,000. What this means is IPB wil be paying more in property tax but still receiving these amounts returned in TIF rebates over the 10-year period of the original agreement. Voting in favor were members Crystal Kaufman, Jeff Ray, Steve Baier, Mike Carnanhan and Kenny McAdoo.

Approved by the council last year, the TIF agreement calls for a 100 percent return for years 1-5, then graduated downward by 10 percent in year six and in 20 percent increments for years 7-10. The total rebate amount under the new agreement is $5,760,073.

Article Photos

Kate Crowley, of Baker Tilly Virchow Krause, a Madison, Wisc. financial advisory firm, explains details of the added TIF values at the Iowa Premium Beef plant on Tama’s east side to the Tama City Council on Monday night, June 16. A drawing of the plant site is projected in the background.
News-Herald/John Speer

Tax increment financing has a variety of uses. In this case it is basically directed at revitalization of the property for improvements.

To Allow Waiver For

Fire Sprinklers

Council members also agreed to allow Tama Fire Chief Paul Ellenbecker to essentially waive requirements for a sprinkler system in a portion of the cold storage building.

Jason Brandsteter, vice president of design and engineering for Tippmann Construction, told council members it is common practice to not include fire sprinkling equipment in freezer units because condensation will freeze in the pipes even if they are not charged. Tippmann is the general contractor for the building.

In replying to questions from City Attorney Dan Rathjen, Brandsteter said the State of Iowa Code leaves such a decision to the local authority which is often the fire chief.

Instead of sprinklers in the freezer area, he outlined a four-step program for "life safety" which will be included in the building.

An alarm system will be installed which will detect and alert for both smoke and a rise in heat; the existing plant will be separated by fire wall barriers; the number of exists will be increased; and vertical stand pipes which can be filled readily with water and accessed by the fire department will be located at all exits.

In a related development, IPB was in the process of conducting a two-day Job Fair at Iowa workforce Development offices in Marshalltown.

Job openings for a maintenance position, accounting, supervisory and management were being offered.

Computers For Police Vehicles

Council members already gave the go-ahead for the Police Department ot purchase computers for two police vehicles at a May meeting. Officer Barnette Curry told council members the department has selected computer equipment to be purchased from KelteK, Inc, of Baxter. Police forfeiture funds on hand were used for the purchase.

Curry explained software totaling $14,600 in cost is needed to complete the transition to in-car computers use.

Council members approved the purchase on a 4-0 vote (Member Kenny McAdoo had left the meeting.)

The computers allow officers to request and receive a variety of information and enables them to add comments to call, Curry said. He said the computers will be a tool in officer safety, allowing them, for example, to check call history for particular situations.

He said the department would implement a policy in which officers cannot use the computers hwne traveling more than 10 miles per hour.

The Tama County Sheriff's Office, Toledo and Meskwaki Nation Tribal police are among other departments already having implement the computers Curry said.

It is the intent for all police state-wide ot use the system, he said.

Salary Hikes

Gain Final Approval

Council members on a 4-0 vote formally approved salary increases of $1,500 across-the-board for city employees monday night. The raises had been included in the 2014-15 city budget in January, City Clerk Judy Welch said.

Effective July 5, the pay will be: police chief $49,000; police sergeant $43,500; certified police officers $42,500; starting pay for new certified officers $39,750;part-time police officer $14 hour; city clerk $46,023; deputy city clerk $38,722; city clerk extra help $9 hour. street superintendent $44,319; street laborers $38,722,; cemetery $37,620; part-time street laborer $10 hour.

And, paramedic $41,239; custodian $10.25 hour; water superintendent $43,500; dewer superintendent $45,500; and public works director $57,000.

Requests Downtown Loan and Grant

Allan Richards, manager of Tama Eagle Aerie Management LLC, requested approval of the Tama Economic Development downtown revitaliztion programs for work he plans on property at 110 E. 3rd, adjacent to the eats of the Tama-Toledo Fraternal Order of the Eagles Club.

Richards said he is seeking $7,000 from the facade program to pay for work to match the appearance of the front of his building with the Eagles exterior in the amount of $7,000.

He also seeks $25,000 from the revolving loan program for improvements for the building and for $4,000 from the Commercial Interior Grant Program.

Among the plans listed are office for a small business, two rental apartments, a small retial shop and a car wash with detail shop.

Council members tabled action to the July 7 meeting to allow for more information on the building to be gathered.

In other business the council:

discussed enforcement of building codes and pointed to the police department for enforcement. Council members were told by City Attorney Rathjen if an ordinance exists it must be enforced or the city could be hoeld lib.e

The reported recent roof collapse in a downtown building prompted the discussion.

granted a two-month option to developer Stan Zeutenhorst for a one and one-half size residential lot in city-owned Indian Hills.

pproved a resolution transferring a variety of city funds for year-end accounting purposes.

 
 

 

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