shovel ready industrial sites
DESCRIPTION
A short presentation on three shovel ready industrial sites in Webster City, Iowa. Includes site information, workforce data, permit information, utility capacities and cost estimates, incentives, and even a link to a virtual building tour.TRANSCRIPT
Webster City, Iowa
Shovel Ready Industrial Sites
March 2012
Contact Us
David Toyer Economic Developer
Webster City Economic Development
PO Box 217
Webster City, Iowa 50595
515-832-9151 (o)
425-344-1523 (c)
Table of Contents
Table of Contents
• Contact Us
• Shovel Ready Sites Map
• Utilities Map
• Site Information
• Zoning & Permitting
• Transportation
• Taxes
• Workforce & Employment
• Utilities
• Electric
• Water
• Sewer
• Natural Gas
• Incentives
Special Features • Virtual Industrial Building
Shovel Ready Industrial Sites
Contact Us Table of Contents Lot 2: Virtual Building
Served by Municipal Utilities
Contact Us Table of Contents Lot 2: Virtual Building
Site Information, Part 1
Site Name(s) SE Development Park Lot 1 SE Development Park Lot 2 SE Development Park Lot 5
Site Address Commerce Drive/E. Commerce Drive
General Site Description Shovel ready lots located in an industrial park that fronts a four lane divided highway (Highway 20)
Site Owner City of Webster City, Iowa
Price Per Acre $10,000
Acres Lot 1 2.11 acres Lot 2 4.72 acres Lot 3 3.86 acres
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Site Information, Part 2
Total Land Price Lot 1 $21,100 Lot 2 $47,200 Lot 5 $38,600
Approximate Lot Dimensions Lot 1 231’ x 398’ Lot 2 419’ x 512’ Lot 5 240’ x 700’
Topography Lot 1 flat Lot 2 3% slope Lot 5 1-3% slopes
Phase I Environmental Completed No
Within 100 Year Flood Plain No
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Site Information, Part 3
Easements or Impediments None that we are aware of at this time
History of Hazardous Materials or Contaminants on Site?
We have no knowledge of any
Liquefaction Zone No
Existing Structures on Site(s) No
Covenants, Codes or Restrictions Yes. We can make available upon request
Current Use Vacant Lot
Previous Use Farmland
Surrounding Uses Plastics manufacturing, rare breed bird hatchery, machine shop, RV sales, concrete plant, self storage, hotel
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Zoning & Permitting Current Zoning M1 – Light Industrial
Allowable Uses (abbreviated list) Assembly plant, warehousing, manufacturing (wood, tools, metal, food)
Estimated Time for Zoning Changes Not applicable if use is consistent with the M1 zone
Site Plan Review Plans typically reviewed in 7 to 10 business days
Building, Mechanical, Electrical & Plumbing Plans & Permits
Permits typically issued within 5-7 business days
Existing Codes 2011 National Electric Code, 2009 Building Code, 2009 Mechanical Code, 2009 Plumbing Code
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Transportation
Access Road(s) Commerce Drive
Closest Interstate (Name & Distance) Interstate 35 13 miles
Closest Divided Four Lane Highway (Name & Distance)
Highway 20 0.75 miles
Commercial Air Service Fort Dodge Regional Airport 26 miles West of Webster City Daily Flights to Minneapolis
Rail Access None
Anticipated Developer Road Costs None
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Taxes
Income Tax Rates First $25,000 of income – 6% $25,001 - $100,000 – 8% $100,001 – 250,000 – 10% Over $250,000 of income – 12%
Income Tax Apportionment Single factor, non-unitary formula based solely on profits from Iowa sales. No throwbacks.
Sales and Service Taxes State – 6% Local Option – 1% *Sales tax on utilities used for the purpose of manufacturing may be exemptable
Inventory Tax None. Raw goods, saleable goods and good in process are not taxed
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Taxes, Part 2
Equipment Property Tax No personal property tax in Iowa. Industrial machinery, equipment and computers are considered personal property and are specifically exempt
Corporate Excise Tax None
Local Payroll Tax None. Any state personal income taxes are withheld from a company’s payroll, as is the case with federal personal income tax withholding
Unemployment Insurance Tax For 2012, the new employer unemployment insurance tax is 1.5% on the first $25,300 in wages
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Taxes, Part 3
Sales and Use Tax Rate – Construction If your project qualifies for either the Enterprise Zone or State High Quality Jobs Program, you’d be eligible for a rebate of the 6% state sales tax on construction of improvements to your site
Real Property Tax Rate 39.50148 per $1000 in assessed value
Personal Property Tax Rate None
Franchise Tax This applies solely to financial institutions
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Workforce & Employment Potential Laborforce 84,654
Population Within 60 Minute Drive +200,000
Unemployment Rate (County) 9.5% (December 2011)
Number of Workers with Transferable Skills & Experience
Advanced Manufacturing – 20,903 Plastics Manufacturing – 14,128 Distribution/Logistics – 11,479
Average Wages Please click on labor characteristics reports (below) for details on workforce, wages and proximity
Labor Characteristic Reports (Links) Advanced Manufacturing Plastic Manufacturing Logistics and Distribution
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Electric Utility
Provider Webster City Municipal
Current Available Load at Location 11 megawatts (MW)
System Expandable Yes
Existing Service Available 13.2 kV underground with 3 phase
Basic Detail City has three 20 MW substations and a 20MW backup generator for emergencies
Generation Make Up 68.8% - coal 8.3% - natural gas 1.7% - nuclear 2.6% - oil, diesel or jet fuel 1.1% - recovered energy 16.5% - wind
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Electric Utility, Part 2
Electric Rates Depending on monthly usage, your project is likely to fall under either the General Service Rate or Industrial Rate.
Estimated Cents Per kWh $0.079
Business Development Programs Energy Efficiency Rebate Program Energy Efficiency Loan Program
Business Services Annual Thermography Efficiency Reviews Audits & Demand Analysis
Contact David Toyer, Economic Developer 515-832-9151 [email protected]
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Water Utility
Provider Webster City Municipal
Water Line & Distance from Site 8” main in north frontage
Approximate Water Pressure Hydrant 439 has static pressure of 70 psi and can supply water at 1300 gpm
Water Cost (per 1000 gallons) $6.96
Water Rate Structure Base monthly charge and volume charges based on three tiers of usage.
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Water Utility, Part 2
Water Connection Fee Yes. Based on 8” service line (required if building is sprinkled) would cost $37,968.75.
Estimated System Capacity Available 2 million gallons per day
Local Contact David Toyer, Economic Developer 515-832-9151 [email protected]
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Sewer Utility Provider Webster City Municipal
Sewer Main Size & Distance from Site 12” main located in south frontage of Commerce Drive
Cost Per (1000 gallons) $4.59
Rate Structure Base monthly charge and usage charges by volume of water used
Connection Charge Yes, it’s included as part of water connection fee
Estimated System Capacity Available 1.5 million gallons per day
Local Contact David Toyer, Economic Developer 515-832-9151 [email protected]
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Natural Gas Provider Black Hills Energy
Line Size & Distance to Site Located nearby and could be extended
Pressure 75 PSI
Cost Estimate We will work with Black Hills Energy to develop a cost estimate based on the usage information you provide
Local Contact Justin Jones 515-832-1975 Extension 4 [email protected]
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Incentives Incentives We will work with you to evaluate
available incentives, including but not limited to: • Loans • Forgivable loans • Job training funds • Tax credits
More Information Visit Our Financial Incentives Page
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