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.

1. Webster City, Iowa
Shovel Ready Industrial Sites
March 2012

2. Table of Contents
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)
david@buildwebstercity.com

3. 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

4. Contact Us Table of Contents Lot 2: Virtual Building
Shovel Ready Industrial Sites

5. Contact Us Table of Contents Lot 2: Virtual Building
Served by Municipal Utilities

6. Contact Us Table of Contents
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

7. Contact Us Table of Contents
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

8. Contact Us Table of Contents
Site Information, Part 3
Easements or Impediments None that we are aware of at this time
History of Hazardous Materials or We have no knowledge of any
Contaminants on Site?
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

9. Contact Us Table of Contents
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 & Permits typically issued within 5-7
Plumbing Plans & Permits business days
Existing Codes 2011 National Electric Code, 2009
Building Code, 2009 Mechanical Code,
2009 Plumbing Code

10. Contact Us Table of Contents
Transportation
Access Road(s) Commerce Drive
Closest Interstate (Name & Distance) Interstate 35
13 miles
Closest Divided Four Lane Highway Highway 20
(Name & Distance) 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

11. Contact Us Table of Contents
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

12. Contact Us Table of Contents
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

13. Contact Us Table of Contents
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

14. Contact Us Table of Contents
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 Advanced Manufacturing – 20,903
Skills & Experience 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

15. Contact Us Table of Contents
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

16. Contact Us Table of Contents
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
david@buildwebstercity.com

17. Contact Us Table of Contents
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.

18. Contact Us Table of Contents
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
david@buildwebstercity.com

19. Contact Us Table of Contents
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
david@buildwebstercity.com

20. Contact Us Table of Contents
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
Justin.jones@blackhillscorp.com

21. Contact Us Table of Contents
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