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Encyclopedia Dubuque

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Affiliated with the Local History Network of the State Historical Society of Iowa, and the Iowa Museum Association.




ENTERPRISE ZONE

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ENTERPRISE ZONE. See: EAGLE WINDOW AND DOOR

To qualify for Enterprise Zone Incentives, a company could not close or reduce operations in another part of the state, could not be a retail business, must pay at least 80% of employee medical and dental insurance plans, must create at least ten full-time jobs and maintain them for ten years, must make capital investment of at least $500,000, and pay an average of at least $9 per hour. (1)

In March 1998 the Dubuque City Council voted unanimously to ask the Iowa Department of Economic to certify SWISS VALLEY FARMS/HILLDALE DAIRY DIVISION site at 3510 Central and several adjoining properties as a second enterprise zone in the city. Swiss Valley was considering a $5.5 million expansion. (2)

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Source:

1. Wilkinson, Jennifer. "New Panel to Assess Expansion Projects," Telegraph Herald, March 26, 1998, p. 3A. Online: https://news.google.com/newspapers?nid=aEyKTaVlRPYC&dat=19980326&printsec=frontpage&hl=en

2. Wilkinson, Jennifer. "City Boosts Swiss Valley's Growth Plans," Telegraph Herald, March 18, 1998, p. 1. Online: https://news.google.com/newspapers?nid=aEyKTaVlRPYC&dat=19980318&printsec=frontpage&hl=en