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By Rick Smith, The Gazette
CEDAR RAPIDS The city of Cedar Rapidss latest economic-development incentive package will support the construction of a $12 million office building with retail and restaurant space and bring financial services firm Berthel Fisher and Co. and about 85 employees to Cedar Rapids from neighboring Marion.
City Manager Jeff Pomeranz said on Friday that the new building to be built at the southeast corner of 42nd Street NE and Edgewood Road NE, across 42nd Street NE from the Twin Pines Golf Course, will become the corporate headquarters of Berthel Fisher and at the same time will contribute to the growth of the corporate and commercial corridor that features the Transamerica campus and the new office-commercial development, The Fountains.
Its very positive for the city. Berthel Fisher is an excellent company that serves clients throughout the nation, Pomeranz said.
At the City Council meeting on Tuesday, Pomeranz will ask the council to approve a five-year, 100-percent property-tax break on the new investment, a tax increment financing or TIF incentive which he said is in accord with the citys standard incentive program approved and published by the City Council in July.
The Berthel Fisher project is considered a targeted development project and one that offers additional community benefit because the new building will feature not only high-end, Class A office space, but space for retail businesses and a restaurant, the city manager said.
The city estimates that the incentive package will save the development $1.596 million in property taxes over five years, but the project is expected to generate $4.788 million in new property taxes in the 15 years after the five-year incentive period ends, according to the citys figures.
Its a short-term incentive, but a long-term financial win, Pomeranz said.
Pomeranz said on Friday that the city has notified the city of Marion, as required by the fair-play agreement between the cities, that Berthel Fisher & Company will leave its location in Marion off Highway 100 to move to the new spot in Cedar Rapids.
Marion City Manager Lon Pluckhahn said on Friday that Pomeranz had called him.
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Berthel Fisher to move headquarters from Marion to Cedar Rapids
MONTROSE With other Lee County issues on the front burner, many people have forgotten about the Lee County Conservation Building, but according to John Hansen, everything is going on as scheduled.
Hansen, president of Midwest Construction Consultants, the construction management firm for the project, said the building is in the drawing stages but is progressing.
Right now the Conservation Board has approved initial schematic drawings and they are now working on the design document drawing, Hansen said. They should be completed with these by Oct. 15.
Hansen said construction documents should be finished by the end of October for a November bid.
Hansen said his firm secures the bids for the County Conservation Board and will issue the contracts to construction companies.
Then we will manage the project throughout the building process, Hansen said.
According to Hansen, it is important to finish the building as quickly as possible since the Conservation Board is renting the facility they are currently inhabiting.
If we can get foundations in this year, we can get the precast up, Hansen said. This puts us done by July of 2015.
Like every other project, Hansen said the completion date depends on wether the weather cooperates with the construction companies.
Lee County Conservation Director Tom Buckley said plans for the new facility are underway.
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New Lee County Conservation building on track
JOAN Dunlop is not a typical cat-lady.
Sitting regally beneath a roaring tiger print in her lounge room turned film studio, she radiated the charisma of a movie star - or letter-writing royalty.
Despite her shrinking frame you get the feeling there is something larger-than-life about this character.
These suspicions were confirmed when she poured herself a mid-morning gin and tonic and offered it around to a roomful of 20-somethings.
The prolific letter-writing career which has earned Mrs Dunlop Toowoomba celebrity status has also become the subject of a student documentary entitled 10,000 Letters to the Editor.
Queensland University of Technology filmmakers are producing the short film which will celebrate the 40-year strong career of Toowoomba's beloved wordsmith.
QUT student and film director Lonnie Gilroy read her letters growing up in Toowoomba and immediately thought of her for his university project.
"We had to do a single camera production. I've always been a fan of Joan's letters and I thought who would be better for the project than her," he said.
"I enjoy her irreverent style, you never know what you're going to get with Joan. She's a bit of a character and has lived a full life."
Mr Gilroy said he liked the idea of every town having someone who writes letters.
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Movie star Joan not your typical cat lady
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Thursday night games can be ugly, but the Packers should take care of business at Lambeau Field.
The Green Bay Packers offense finally settled in last week against the Chicago Bears, and now the Packers will face another division opponent on a short week, the Minnesota Vikings. Thursday may bring the Packers' first look at Teddy Bridgewater, a rookie quarterback who barring injury will make his second start following a strong debut versus the Atlanta Falcons. Bridgewater is officially listed as questionable with an ankle injury.
Weather could be a factor in the game as well. According to Weather.com, there's a 90 percent chance of rain. That could affect the passing games for both teams. Aaron Rodgers and the Packers are a explosive aerial attack when they get rolling. Poor conditions could limit that success. Instead, the rushing attacks could become key parts to both attacks. For Green Bay, that means a heavy dose of Eddie Lacy. Minnesota is playing without Adrian Peterson, but the Vikings have found a solid tandem to fill in with Matt Asiata and Jerick McKinnon playing well in replacement duty.
Both teams are coming off arguably their best games of the year. Minnesota's victory against Atlanta, however, didn't appear to do much to sway the prognosticators in the Vikings' direction.
All seven of SB Nation's experts sided with Green Bay this week. The Packers have dominated the rivalry in recent years, posting a 4-1-1 record against the Vikings since the start of 2011. The Packers are 3-2 in Thursday night games during the last three years and will have a built in advantage this week. Since the NFL added Thursday night games on a weekly basis in 2006, home teams have had an overall advantage. The short week, plus travel is rough for a road team. Minnesota won't have far to travel, so the impact may be mitigated compared to other matchups.
The SB Nation NFL experts are the only ones siding with the Packers by a considerable margin.CBS Sports' experts all went with Green Bay, as did the crew over at Yahoo! Sports.
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Vikings vs. Packers 2014 picks and predictions: Green Bay a unanimous selection
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By: Mary C. Jones
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