HomeMy WebLinkAbout2016-06-20-Resolutions 16-249_Des Moines Metro Economic Fair Play AgrTHE CITY OF WAUKEE,IOWA
RESOLUTION 16-249
A RESOLUTION ADOPTING THE DES MOINES METRO ECONOMIC
DEVELOPMENT FAIR PLAY AGREEMENT
IN THENAMEANIJ BYTHEAUTHORITYOF THE CITYOF WAUKEE,IOV'A
WHEREAS,the communities in the Des Moines metro area are facing greater
competition in economic development;AND,
WHEREAS,it is in the best interest of the City of Waukee to preserve taxpayers'
economic development dollars by adopting a policy to prevent the private consulting community
from pitting communities against one another in an attempt to inflate the incentives necessary for
the attract/retention of businesses;AND,
WHEREAS,the Council Roundtable has reviewed the Economic Development Fair Play
Agreement and has recommended its approval;AND,
WHEREAS,the Metro Mayors have reviewed the Economic Development Fair Play
Agreement and have recommended its approval;
NOW,THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF WAUKKE,IOWA that the Economic Development Fair Play Agreement,attached
hereto as Exhibit A,is hereby adopted.
Passed and approved on this 20'"day of June,2016.
'lliam F.P ard,Mayor
Attest:
Rebecca D.Schuett,City Clerk
ROLL CALL VOTE
Brian Harrison
Shelly Hughes
Larry R.Lyon
Rick Peterson
VACANT SEAT
AYE
X
X
NAY ABSENT ABSTAIN
X
Exhibit A
ECONOMIC DEVELOPMENT FAIR PLAY AGREEMENT
We believe that the competition between communities is increasing.As it increases,it costs the
taxpayers of the region more and more.However,there is little if any corresponding increase in
the value of the projects to the collective taxpayers of the region.
The principles we can begin to operationalize are:
1."Don't Steal"
2."Provide for greater equality in use of economic development tools"
3."Structure the Competition*'
We agree not to offer or provide any discretionary incentives to a company located in another
city until that company has provided written affirmation that they have made an irrevocable
decision to relocate outside the city in which they are currently located.We agree not to solicit
businesses from communities that sign this agreement until such an affirmation has been signed.
We agree that,in competitive situations (companies from outside the region and companies that
have given affirmative written notice of their relocation outside the city in which they are
located),the tools we rely upon are:
1.Tax Abatement (as defined by State Statute)
2.Tax Increment Financing (used in a variety of ways)
We agree that use of Tax Increment Financing for Infrastructure is a legitimate use of TIF.
Further,we have agreed that "infrastructure"means public utilities of all sorts,including parking,
as well as land acquired for a project.
We agree that tax abatement,up to the limits of state statute,is an acceptable incentive.We also
agree that it should be put in place prior to contemplation of an individual development project
(it should not be driven by competition for a particular company).
We have agreed not to limit the use of TIF dollars as incentives (additional tax abatement beyond
the state statute loans or ouuight grants)in competitive situations.A competitive situation is one
dealing with companies from outside the region and with companies that gave given affirmative
written notice as described above.Region is defined as those communities participating in this
agreement.
We agree that we shall keep Choose Des Moines Communities well informed about the
economic development projects,present and anticipated,in our communities.This includes all
inquiries from companies or their representatives,inside the metro or outside the metro.
We ask that Choose Des Moines Communities shall offer no assistance in relocation of a
business outside the community in which it is located until the written affirmation described
above is signed and received.