Background:
Production began at the facility in 1978 as Hormel, with PB Leiner assuming ownership in 1998. PB Leiner specializes in the production of high quality gelatin and collagen peptides for a growing market including food, pharmaceuticals, health nutrition and technical applications.
The City of Davenport reached out to PB Leiner to jointly work towards the development and construction of an onsite wastewater pretreatment facility at PB Leiner's manufacturing plant at 7001 Brady Street. An onsite pretreatment facility will gain capacity especially in regards to the amount of biochemical oxygen demand and total suspended solids entering the City's Water Pollution Control Plant.
The engineering and design services for onsite wastewater pretreatment is a necessary step to achieve the goal of additional capacity at the City's Water Pollution Control Plant. The cost of this is not to exceed $600,000.
As required by Iowa Code, a public hearing is required prior to the approval of an economic development agreement where the City will incur debt. In this case the debt is the City's obligation to reimburse PB Leiner up to $600,000. The costs would come through the use of tax increment financing applied to the North Urban Renewal Area.
Approval of this resolution would direct staff to schedule the Public Hearing at the Committee of the Whole Meeting on February 2, 2022 at 5:30 p.m. in the Council Chambers of City Hall, 226 West 4th Street.