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JUNE 29, 2018             The business journal serving Central Iowa’s Cultivation Corridor                  Price: $1.75

               ATTRA C TIONS
                                                                 BEN PAGE
                                                                 park and recreation director, Des Moines

  PHOTO BY DUANE TINKEY
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CONTACT US
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                                                          TABLE OF CONTENTS
                                                          VOLUME 36 | NUMBER 26 | JUNE 29, 2018
@BusinessRecord

LEADERSHIP
PUBLISHER
Chris Conetzkey
(515) 661-6081 | chrisconetzkey@bpcdm.com

EDITORIAL
EDITOR
Suzanne Behnke
(515) 661-6085 | suzannebehnke@bpcdm.com
MANAGING EDITOR
Perry Beeman
(515) 661-6086 | perrybeeman@bpcdm.com
Beats: Economic Development | Transportation |
Energy & Environment
SENIOR STAFF WRITERS
Joe Gardyasz
(515) 661-6084 | joegardyasz@bpcdm.com
Beats: Insurance & Investments | Health & Wellness
| Manufacturing & Logistics | HR & Education
Kent Darr
(515) 661-6083 | kentdarr@bpcdm.com

                                                                                               4                                                    6                               18
Beats: Real Estate & Development |
Banking & Finance | Law & Government
STAFF WRITER
Kate Hayden
(515) 288-3478 | katehayden@bpcdm.com
Beats: Tech & Innovation
NEWSROOM OPERATIONS MANAGER
John Retzlaff
(515) 661-6082 | johnretzlaff@bpcdm.com
Calendar | On the Moves
                                                           4 COMPANIES SHARE LESSONS                                8 COVER STORY: PARKS AS                      22 A NAGGING PROBLEM
COPY EDITOR
Kurt Helland                                                  LEARNED IN MAKING THE                                     WORKFORCE DEVELOPMENT                      A report affirms Des Moines’
ART & PRODUCTION
                                                              WORLD A BETTER PLACE                                      Area cities make big plans for outside     neighborhoods are suffering
CREATIVE DIRECTOR                                                                                                       fun to keep, lure workers
Joe Crimmings
                                                           4 FROM TEEN MAYOR TO                                                                                  24 CALENDAR PICKS
SENIOR GRAPHIC DESIGNER
Ariane Criger                                                 LEADER OF ABI                                         18 24/7 FILING                                 Your first look at upcoming events
GRAPHIC DESIGNER                                                                                                        State upgrades system to make
Sami Schrader
PHOTOGRAPHER
                                                           6 TILEY NUNNINK                                              business filings easier, faster          24 UNDERSTANDING HOOVER
Duane Tinkey                                                  Take a closer look at the new general                                                                The Elbert Files: By Dave Elbert
SALES                                                         manager of the Des Moines Menace                      20 TARIFFS AREN’T SO SIMPLE
DIRECTOR OF ADVERTISING
Sara Brown
                                                                                                                        Guest Opinion: By Randy Evans            25 FOOL ME ONCE
DIRECTOR OF STRATEGIC PARTNERSHIPS                                                                                                                                 Marketing: By Drew McLellan
Katherine Harrington
SENIOR ACCOUNT EXECUTIVES
Lori Bratrud
Kristi Edwards
ACCOUNT EXECUTIVE
Laura Stapes
PROJECT COORDINATOR
Kolbie Creger

ADMINISTRATION
BPC VICE PRESIDENT
Jason Swanson
BUSINESS MANAGER
Eileen Jackson
ACCOUNTING SPECIALIST
                                                            WHO’S IN THIS ISSUE?
Becky Hotchkiss                                            A list of local people and the page number of the article in which they are mentioned.
OFFICE MANAGER
Laura Stegemann
                                                               Matt Anderson, 22                             Catherine Nagel, 8
INSIDE SALES REPRESENTATIVE
Alison Damon                                                   Lauren Burt, 4                                Chris Nelson, 4
BPC CHAIRMAN                                                   Jay Byers, 8                                  Tiley Nunnink, 6

                                                                                                                                                                                                        Business Record | June 29, 2018
Connie Wimer
BPC PRESIDENT                                                  Frank Cownie, 8                               Ben Page, 8
Janette Larkin
                                                               Dimy Doresca, 20                              Paul Pate, 18
Business Record® (USPS 154-740, ISSN 1068-6681) is             Clyde Evans, 8                                Kyle Phillips, 18
published by Business Publications Corporation Inc.,
The Depot at Fourth, 100-4th Street, Des Moines, Iowa
                                                               Randy Evans, 20                               Mike Ralston, 4
50309, (515) 288-3336. Contents © 2018 Business
Record. Published weekly. Annual subscriptions $69.95.
                                                               Dan Houston, 4                                Scott Sanders, 22
Single copy price is $1.75. Copies of past issues, as          Kyle Krause, 6                                Paul Schickler, 4
available, may be purchased for $4.50 each. Periodicals
Postage Paid at Des Moines, Iowa. POSTMASTER: Send             Amber Lynch, 22                               Rick Tollackson, 8
address changes to Business Publications, The Depot at
Fourth, 100-4th Street, Des Moines, Iowa 50309.

                                                                                                                                                                                                                     3
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                                                    notebook
                                                                                 THE INSIDER

                                                                                                                                                   CHRIS               SUZANNE             PERRY             KENT                  JOE                   KATE HAYDEN
                                                    Bits and bites of the finer side of Iowa business                                              CONETZKEY           BEHNKE              BEEMAN            DARR                  GARDYASZ              staff writer
                                                                                                                                                   publisher           editor              managing editor   senior staff writer   senior staff writer

                                                Companies share lessons learned in making the world a better place
                                                BY JOE GARDYASZ
                                                                                                                                                                                                                         In case you
                                                      Eight Principal Financial Group employees recently returned
                                                from Pune, India, where rather than building wells or distributing
                                                                                                                              from across the organization to determine how much and where it
                                                                                                                              would spend on international, sustainable development.                                     missed it...
                                                food, they put their respective professional skills to work helping                Now the company is providing international service at a much                          A brief look back at news from the past
                                                small and medium-sized businesses to expand their companies.                  higher level, with alignment with other for-profit corporations as                         week on BusinessRecord.com
                                                      Word must have gotten around the water coolers at Principal             well as nonprofits on the ground, in coordination with the countries
                                                on how rewarding the experience was. More than 140 employees                  that are being served, Schickler said.
                                                                   have already applied for next year’s international              In the Philippines, for instance, Corteva helped develop a program
                                                                                                                                                                                                                         Social action through art
                                                                                                                                                                                                                         Jordan Weber of Des Moines has
                                                                       visit, says Dan Houston, the company’s                 to reforest mountainsides to eliminate erosion that was fouling water
                                                                                                                                                                                                                         landed a $20,000 international
                                                                         chairman and CEO. Houston recently provided          supplies from runoff in the drainage canals. “All the parties were
                                                                                                                                                                                                                         fellowship.
                                                                          some insights on Principal’s approach to            benefiting, because we created a clean water supply for the residents,
                                                                          corporate giving on a global scale during an        gained the environmental benefits and also got a reliable water supply                     https://bit.ly/2lsEy87
                                                                          international summit for businesses hosted by       for our seed production business,” he said.
                                                                         the Des Moines Rotary Club.                               Another bioscience leader, Kemin, is working with the World Food                      Online sales tax
                                                                         “The idea was to help these businesses               Program to provide food at Syrian refugee camps in the Middle East. A                      Raygun T-shirt empire chief Mike
                                                                   to be more independent,” Houston told about                delegation from the company led by CEO Chris Nelson recently toured                        Draper, supported the decision by the
                                                75 participants during the seminar held at UnityPoint Health’s                the kitchens at the camp, which uses an iris scanner system provided                       justices. https://bit.ly/2lqxuZo
                                                Education & Research Center.                                                  by the United Nations to keep track of all the refugees’ payments and
                                                      He recalled that seeing the extreme poverty in India during his         records. “It was easy for Kemin to get involved with the World Food
                                                first visit years ago profoundly affected him. Having grown up in urban       Program because this is an area we’re already knowledgeable in,” said                      30 years ago
                                                Texas near downtown Houston, “I knew what [being] poor looked like,           Lauren Burt, Kemin’s worldwide communications manager.                                     Scientists believe Iowan James
                                                and then I went to India. I said, ‘No, I wasn’t even close to understanding        That’s a key lesson for companies seeking to launch global                            Hansen’s observations and climate
                                                what ‘poor’ really, really looks like.’ ”                                     partnerships with nonprofits: “Lead from your area of strength,                            predictions have proved remarkably
                                                      Principal is keenly aware of the importance of making life              and allow others to lead from their areas of strength,” said Laura                         accurate.
                                                better for people in less developed areas of the world, Houston               Asiala, a senior fellow with Pyxera Global, an organization that was                       https://bit.ly/2twGL6F
                                                said. Its global footprint now spans more than 80 countries,                  established in 1990 by President George H.W. Bush as the Citizens
                                                including India, where Principal has about 1,400 employees in Pune            Democracy Corps to assist residents of the former Soviet Union
                                                — a city of 3.4 million residents.                                            following the fall of the Berlin Wall.
                                                                                                                                                                                                                         D.M. loses Sadler
                                                                                                                                                                                                                         Michael Sadler, a Greater Des Moines
                                                      Although Principal’s foundation provides about $8 million                    Principal will use one of its strengths, improving financial literacy,
                                                                                                                                                                                                                         community leader, died last week.
                                                annually to benefit some 230 communities around the world,                    to benefit about 50,000 young people in 10 selected locations around
                                                providing hands-on assistance in a way that helps people become               the world over the next five years, Houston said. And it’s not going to be                 https://bit.ly/2tuia1x
                                                more self-sufficient can provide far greater reach than writing a             a “drive-by” approach.
                                                check, he said.                                                                    “This program will be very hands-on, using people who are
                                                      Developing clear goals and starting small helped DuPont Pioneer,        subject matter experts, as well as technology, to see if we can
                                                now Corteva Agriscience, to build a successful program, said Paul             get truly measurable movement around the world on some
                                                Schickler, its former president.                                              really important matters related to saving for long-term needs,
                                                      When Pioneer was just starting its international giving programs        oftentimes retirement,” he said. “This is going to be a major project                    Read more notebook items anytime at
                                                20 years ago, partnerships between corporations and nonprofits on the         on our part, and we’re excited about getting it kicked off.”                             businessrecord.com/notebook
                                                ground were “very uncommon,” he recalled. The company started out
                                                small with six to 12 projects a year, after bringing employees together

                                                 From teen mayor to leader of ABI
                                                 BY SUZANNE BEHNKE
Business Record | June 29, 2018

                                                      As a journalist, it’s nice when a surprise arrives, such as             Northern Iowa, he sought the mayor’s job in his hometown. He won,
                                                 learning someone served in public office as a teenager. Several              at age 18. He was re-elected several times. Since then, Ralston has
                                                                months ago, Association of Business and Industry              worked for different companies and organizations, including Qwest
                                                                     President Mike Ralston kindly met for coffee             and being appointed the director of the state Department of Revenue
                                                                        to give me a crash course in what the                 by then-Gov. Tom Vilsack. “I was 18 when I was first elected and I
                                                                          organization does and what businesses are           am 59 now, so if my math is correct, that is like a hundred years
                                                                          in its membership. We discovered we are             ago,” Ralston emailed when I explained I’d like to share his mayoral
                                                                          both from northeast Iowa. Ralston hails from        history. Grundy Center now has a population of about 2,700. ABI has
                                                                          Grundy Center. Here’s where the surprise            1,500 member businesses that represent 330,000 Iowans, according
                                                                        came in. While studying at the University of          to its website.
       4
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A CLOSER LOOK: A local leader you should know
businessrecord.com | Twitter: @businessrecord

                                                     TILEY NUNNINK
                                                     Take a closer look at the new general manager of the Des Moines Menace

                                                      BY PERRY BEEMAN

                                                     Tiley Nunnink got a taste of Des Moines Menace soccer as an         front office piece sings to me because, kind of like the Ma-
                                                assistant coach last year, but now he’s back as general manager          rines, you are trying to synchronize many different aspects.
                                                after a brief stint with a pro team in San Antonio.
                                                     Nunnink is a retired Marine who was selected as a colonel at        What appealed to you about this job?
                                                                                                                             Number one, straight up, the challenge. I come from an
                                                the end of his 23-year career but retired before he took the posi-
                                                                                                                         environment where you are constantly challenged at a high
                                                tion. Before his military career, he attended college in California on                                                                     PHOTO BY DUANE TINKEY
                                                                                                                         tempo. For me, that’s what I crave. This is a different fight,
                                                a soccer scholarship. “I knew I’d always have one foot in the game,”
                                                                                                                         if you will, but it still provides opportunity to exercise your
                                                he quipped about his return to the sport.                                initiative to compete and be challenged.                             AGE: 48 (“I was a Marine, so those are dog
                                                     As a Marine, he was a diplomat in London and also had high-                                                                              years.”)
                                                ranking positions in Japan and in San Antonio. He loved the heat         Is it scary to be general manager?
                                                                                                                                                                                              HOMETOWN: Kansas City, Mo.
                                                and sun in Texas — and found the outdoor running a bit chilly                 No. I’ve been in charge of all kinds of organizations in
                                                when he returned to Des Moines in January. His time in London            the past. We have a staff here that is so dedicated. There           LIVES IN: West Des Moines
                                                most likely started his habit of calling a soccer field the “pitch.”     was a challenge here, and I knew I was coming in to some-
                                                                                                                         thing that is very strong with an owner [Kyle Krause] who            FAMILY: Wife, Kristi; two children
                                                     Now he’s in charge of the Des Moines Menace, a widely re-
                                                garded amateur machine that cranks out professional soccer               is passionate.                                                       EDUCATION: Bachelor’s degree, criminology
                                                players with regularity. There are men’s and women’s teams and a                                                                              and geology, California State-Bakersfield;
                                                                                                                         What are your goals for this position?                               Master’s degree, military studies and strategic
                                                youth soccer league, along with camps and clinics.
                                                                                                                            I want to try to grow our attendance and the busi-                planning, United States Marine Corps Command
                                                     Nunnink succeeds Matt Homonoff, who was the Menace’s
                                                                                                                         ness end of it. We want to do bigger and better things. We           & Staff College.
                                                general manager from November 2012 until last October.                   want a good environment at [Valley Stadium in West Des
                                                                                                                         Moines]. We want teams that win and serve the players                CONTACT:
                                                How did you land in Des Moines coaching the Menace?                      well in their development toward the pros. This is our                 Email: Tiley.Nunnink@MenaceSoccer.com
                                                    I was here last year as an assistant coach working with              25th year. We are one of the dominant teams in the [Pre-               Phone: 515-457-6366
                                                my good friend John Pascarella, who is back in [Major                    mier Development League]. It’s fun to build a team. We are             Website: MenaceSoccer.com
                                                League Soccer] the pros. I had scouted for John back in the              the highest level of amateur.                                          LinkedIn: https://bit.ly/2Lqvnjm
                                                day, when he was with Kansas City. I told him I would come                                                                                      Facebook: facebook.com/DMmenace/
                                                up and help build a team, cohesion and that sort of thing.               What is the attendance?                                                Twitter: @MenaceSoccer
                                                    It was a great team, great people. I ended up going to San              Our attendance for the first game was 1,988. In May, in
                                                Antonio at the end of the season to work for the San Antonio             that league, that’s good.
                                                FC [professional] soccer team [as an assistant general man-
                                                ager, basically]. It was great.                                          Do people understand the scope of your operation?
                                                    Then the Menace called and asked if I was interested in                  A lot of people don’t know we have a women’s team.
                                                the [general manager] job. There are a lot of good things hap-           We’ve had a men’s team for 25 years, but the women’s team is
                                                pening here. I thought it could be an interesting challenge.             newer. They don’t have as many home games, so they don’t
                                                We talked, and here I sit.                                               surface as much. They play at Valley Stadium and Grimes
                                                    It’s an interesting challenge. The weather wasn’t great in           and Ankeny to help the brand. Most of our games are at Val-
                                                the winter [he came in January], but I’m doing OK now.                   ley on a Friday or Saturday. We also have the youth teams.

                                                What did you do in San Antonio?
                                                  I was in charge of operations, basically.
Business Record | June 29, 2018

                                                Soccer has been very, very good to you.
                                                    I went to college playing soccer. When I finished, there
                                                wasn’t much going on in professional soccer. I wasn’t proba-
                                                bly good enough or handsome enough anyway. I had always
                                                had passion for my country so I joined the Marine officer
                                                ranks and had a career in the Marine Corps. I was coaching                  COACHING MARINES IS A LITTLE CONSUMING.
                                                my home team, the Marines. It was a little consuming, if you
                                                will. I could scout talent. As I retired from the Marine Corps,
                                                I always knew that I would be back in the game. I always had
                                                one foot in soccer — I always joke around with that pun. I’m
                                                back and I looked at coaching and the front office piece. The
       6
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                         I’VE ALWAYS HAD ONE FOOT IN SOCCER.

Have the Menace players routinely turned pro?
    We have tons of former players in the pros. From last year’s team
                                                                                   Closer Look suggestion?
alone, we have six players in the pros right now. We have players who won          Do you know a leader who’s new or of growing interest in Des Moines’
                                                                                   business community? Send an email to the editor with the name, position and
what is essentially the Super Bowl of soccer. The Des Moines Menace is
                                                                                   reason you think your nominee should be interviewed by our reporters. Send
probably better known outside Des Moines in the soccer communities                 suggestions to suzannebehnke@bpcdm.com
and in the pro ranks than we are here. There isn’t a [Major League Soccer]
team that wouldn’t know the Menace. We hire pro coaches. We produce
players that augment their training and they bolt into the pros. When col-
lege players come here for the summer, they are basically borrowed tal-
ent. Their coaches are relying on them coming back a better player. [Play-
ers are unpaid but get some living expenses.] We are the highest level of
amateur but we run like a professional program.

How do you sell the program?
    We dress up Valley Stadium with our sponsorships. We are in the en-
tertainment business. We have to have an exciting team. You have to have
other activities. You have to make it entertaining, create entertainment
at halftime. No holds barred at this point; you have a crazy Marine at the
helm. I’m going to wrestle a bear if we have to. We had some robotics on
opening night. We’ve had a streaker. You dress up like a streaker with a               BUSINESS OPPORTUNITY
towel. Because we are on a 25-year streak.

What is your philosophy on this job?                                                   CONSTRUCTION SUPPLY
     A lot of it is just intuitive. You’re just balancing a lot. Everything from       Manufacture Pavement Sealer &
dealing with players to dealing with sponsors to trying to be creative and
                                                                                       Distribute a Full Line of Pavement
find ways to market your game to who’s going to be the streaker. It’s fun.
                                                                                       Maintenance Products and Equipment
It’s a balance.

What do you do in your free time?                                                     PROTECTED TERRITORY WILL SERVE
  I run. If I don’t run, I hurt. If I do run, I hurt. n                               ENTIRE STATE OF IOWA

                                                                                                                “The SealMaster franchise
                                                                                                                is not only a nice income
                                                                                                                generator, it’s a great
                                                                                                                capital asset and wealth
                                                                                                                builder. It has allowed
                                                                                                                me a lifestyle beyond my
                                                                                                                hopes and dreams.”

                                                                                                                Bob Krebs
                                                                                                                SealMaster Franchise Owner

                                                                                                                                                                                     Business Record | June 29, 2018
                                                                                      AVERAGE GROSS SALES

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                                                                                                                                                                                                 7
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                                                          ATTRA C
                                                                    Greater Des Moines’

                                                                                                                                 PHOTO BY JOHN RETZLAFF
                                                                    big parks plans seen
                                                                    as a draw for new
                                                                    development, workers

                                                                                      BY PERRY BEEMAN

                                                                        Greater Des Moines leaders plan hundreds of mil-
                                                                    lions of dollars’ worth of parks improvements that
                                                                    aren’t just about zip lining, kayaking, swimming, fishing
                                                                    or hearing an outdoor concert.
                                                                        The improvements are about attracting and keeping
                                                                    residents in a market with an exceptionally low unem-
                                                                    ployment rate of 2.3 percent — which means a shortage
                                                                    of skilled workers.
                                                                        “What we are seeing is that cities around the coun-
                                                                    try are using parks and open space as a way to increase
                                                                    the quality of life to attract new businesses and resi-
                                                                    dents as well as to retain the people who already are liv-
                                                                    ing in the city,” said Catherine Nagel, executive director
Business Record | June 29, 2018

                                                                    of the City Parks Alliance in Washington, D.C.
                                                                        Millennials, and perhaps others, now are looking at
                                                                    destinations rather than jobs, Nagel said. And places
                                                                    like Des Moines and its suburbs, which offer more af-
                                                                    fordable housing and easy commutes, can also sell
                                                                    themselves based on strong parks, trails, and river and
                                                                    lake recreation. In other words, the outdoor amenities
                                                                    are tools for economic development.

                                                GREENWOOD PARK

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                                                                THE
     “Cities compete with each other for knowledge work-

                                                                                                                  NATIONAL SCENE
ers,” Nagel said. “People are moving to cities for quality
of life even before they have a job. They are looking for
recreation and exercise and ways to be social.
     “It’s not just the large cities. It’s the small and mid-
sized cities like Des Moines, because they find out they
can be competitive because housing is more affordable
than what they are seeing in larger cities,” Nagel said.
“Younger people are moving to cities that aren’t as well-
known that have really strong local character. It’s really
a choice. Younger people are giving up their cars. They
can rely on Uber and their bikes.”
     In Nashville, Tenn. — a city the Greater Des Moines
Partnership often compares with Greater Des Moines
                                                                According to City Parks Alliance,
— city leaders invested in downtown improvements,               parks have these effects:
including a riverfront park. The result: a 50 percent in-
crease over a decade in the number of residents ages 25
to 34 who have college degrees.
     Nationally, Nagel said, there has been a 37 percent
                                                                Add             private investment and jobs. Den-
                                                                ver turned $1.2 million in federal grants into
increase in the number of young, educated adults mov-           $2.5 billion in public and private investments.
ing to “livable, walkable urban neighborhoods.”
     “It’s becoming something that people are expecting,
and it’s helping to ensure the success of developments,”
Nagel said.
                                                                Increase                    property values.
                                                                Houses near parks or trails are worth 5 percent
     In Greenville, S.C., for example, leaders arranged for     to 20 percent more than others in the community.
$13 million in spending on Falls Park on the Reedy, which
within two years drew $150 million in investment.
     Over the years, a highway bridge had been built over
the falls, where the city had been born.
                                                                Attract                 residents and boost
                                                                property tax revenue. Since 2000, the number
     “It was a very tough sell because we basically told        of young, educated adults moving to livable,
people, ‘We are going to spend about $13 million to cre-        walkable urban neighborhoods has increased
ate a park around a waterfall you’ve never seen. Trust          37 percent nationally.
us,” Mayor Knox White said in a video produced by Na-

                                                                Lower
gel’s group. “Most people didn’t. What we’ve created is an
incredibly successful economic development story.”                                    costs. Philadelphia saved
                                                                $14 billion by using parks and other “green
                                                                infrastructure” to manage stormwater, instead
                                                                of building pipes and tunnels.

     IF WE ARE GOING                                            Save           residents money. Parks help
                                                                people keep the weight off, which can save
           TO REMAIN                                            them $1,500 a year per person on health care.

                                                                More case studies: https://bit.ly/2li62wS
          A VIBRANT
       CITY, WE NEED
          TO REMAIN
                                                                                                                                   Business Record | June 29, 2018
           NIMBLE. .
                                    Ben Page, park and
                                    recreation director,
                                            Des Moines

                                                                                                                                             9
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                                                                                                                                                            JOHN AND MARY PAPPAJOHN SCULPTURE PARK
                                                                                                                                                                            PHOTO BY JOHN RETZLAFF

                                                                                                              IN THE
                                                     Condominiums, shops, hotels and restaurants popped

                                                                                                                                                      WORKS
                                                up around the park.
                                                     That message isn’t lost here. The development around
                                                the 4.4-acre John and Mary Pappajohn Sculpture Park,
                                                opened in 2009 in downtown Des Moines, has been quick
                                                and includes the new headquarters for Kum & Go, still         Projects planned or under
                                                under construction, and a Wellmark Blue Cross and Blue
                                                Shield complex. Coffee shops and restaurants encircle the
                                                                                                              development in Greater
                                                popular green space.                                          Des Moines:
                                                     Hubbell Realty Co. has housing developments in the
                                                works near the planned whitewater courses in downtown         Whitewater courses, zip lines and a
                                                Des Moines along both rivers. President and CEO Rick          skate park in downtown Des Moines.
                                                Tollakson has said he sees the $100 million-plus water
                                                trails plan as crucial to luring workers.
                                                                                                              A two-sided concert stage at Des Moines
                                                     Creating these attractions can take years of planning,
                                                                                                              Water Works Park.
                                                and all local governments do to some extent.
                                                     Des Moines is completing its 191-page update to the
                                                                                                              A “five lakes” development in West Des
Business Record | June 29, 2018

                                                city’s last major parks plan, completed in 1995. Polk Coun-
                                                ty is working through $50 million worth of recreation and     Moines, building on Raccoon River Park.
                                                water quality projects after residents voted to tax them-
                                                selves to pay for the work, and other fundraising ensued.     A nearly finished lodge at Jester Park.
                                                West Des Moines has a $32 million plan for a recreation
                                                area built around waterways in the suburb, and has eyed       New facilities and water quality im-
                                                construction of an amphitheater near City Hall.               provements at Easter Lake.
                                                     Jay Byers, CEO of the Greater Des Moines Partnership,
                                                said: “A thriving and extensive parks and trails system
                                                                                                              See our panel discussion about outdoor
                                                helps attract and retain top talent. We have to compete
                                                                                                              recreation on video: https://bit.ly/2t9fVS4
                                                with other cities around the country and the globe. Some
       10
businessrecord.com | Twitter: @businessrecord
                                                                      The percentage of residents
                                                                      who live within a 10-minute
                                                                                   walk of a park:

                                                                   CONVENIENCE
      COLORADO MIGHT                                                                                Grinnell,  91
     HAVE RED ROCKS,                                                                                    Pella, 80

         BUT DSM HAS                                                                                 Altoona, 78

    ‘GREEN GRASS.’ .                                                                             Urbandale, 78

                                           Jay Byers,                                         Marshalltown, 77

                                                                                                     Ankeny, 74
                 CEO, Greater Des Moines Partnership

have oceans and mountains. We have an outdoor parks
                                                                                                      Ames, 73

                                                                                                        Clive, 73
and recreation system that can compete with anywhere
in the world.”
     Take the plans for the concert venue at Water Works

                                                                                                     Carlisle, 65
Park, intended for medium-sized to small gatherings on a
large lawn surrounding a new stage. “Colorado might have
Red Rocks, but DSM has ‘green grass,’ ” Byers said.

                                                                                                   Winterset, 60
     Clyde Evans, West Des Moines’ community and eco-
nomic development director, said parks and trails always
are ranked high on citizens’ lists of things they want. It

                                                                                                   Indianola, 59
may be just one of the factors in a move — but it’s an im-
portant one, Evans said.
     “A lot of people are moving here because of schools

                                                                                                 Des Moines, 58
and things like that,” he said. “They say, ‘Oh, there is a
neighborhood park.’ Those are all things that are going to

                                                                                            West Des Moines, 55
be considered.”
     Evans talked to a friend who decided to move to Port-
land, Ore., without a job, because of the quality of life there.

                                                                                                        Adel, 54
     He also recalls a small community in Illinois that lost
a cookie manufacturer to Terre Haute, Ind., because the
company owner had a boat too big to float on anything the

                                                                                                  Bondurant, 48
Illinois location had to offer. Recreation proved important.
     Youth sports tournaments also are a huge perk for
this market. Evans recalled courting a restaurant opera-

                                                                                            Windsor Heights, 43
tion — unsuccessfully — that showed the power of ama-
teur sports. When Evans went to describe Jordan Creek
Town Center, the man cut him off. “He knew all about Jor-

                                                                                               Pleasant Hill, 41
dan Creek because he had been coming to soccer tourna-

                                                                                                                    Business Record | June 29, 2018
ments and they had eaten at Fleming’s,” Evans said.
     Now, Evans said, West Des Moines is building cricket

                                                                                                    Waukee, 40
facilities and planning more water recreation because
people want more.
     Ben Page, Des Moines park and recreation director,
said his city’s parks plan will call for a renewed connec-
tion with nature and also call for innovation and for eq-                                   National average, 54
uity in offerings across neighborhoods.
                                                                     *City Parks Alliance
                                      CONTINUED ON PAGE 17 >>
                                                                                                                     11
A meeting venue with

           ROOM
          to THINK
AN UNCOMMON VENUE FOR
EXTRAORDINARY EVENTS                                                                                     Built in 1921, the building
                                                                                                         served as the city’s junior
                                                                                                         high school until the late
Do something different. Our one-of-a-kind ballroom, spectacular but intimate auditorium, The             ’70s and now, nearly 40 years
Periodic Table eatery/bar and patio make Hotel Grinnell the perfect place for your next event. Just an   later, it has been innovatively
hour from Iowa’s three major metro areas, Grinnell is an ideal location to meet in the middle!           repurposed into a remarkable
Have your keynote speaker in the auditorium, walk downstairs to the ballroom for lunch, enjoy            hotel and event center. The
breakout spaces across the street at Drake Library and the Art Center, and then reconvene for social     hotel is upscale in style but laid
hour on our outdoor patio, complete with gas fire pits and craft cocktails. Numerous wonderful           back in spirit while the meeting
restaurants and pubs are within a block or two, making it easy to do a fun dine-around experience for    spaces celebrate the building’s
dinner. Hotel Grinnell’s rooms number just 45 but the city’s rooms total 350, so even large two- or      history and scholastic
three-day conferences can be accommodated.                                                               beginnings. Get your group
                                                                                                         out of the ordinary meeting/
Conferences, corporate events, trade shows, fundraisers, holiday parties and other groups as large as    conference box and give them
350 or as small as 10 find Hotel Grinnell makes for an extraordinary meeting place or retreat venue.     room to think in Grinnell.

BOOK YOUR NEXT MEETING OR CONFERENCE by calling P641-236-9250 or email HELLO@HOTELGRINNELL.COM

                                                                                                         hotelgrinnell.com
ONEVOICE
 MONTHLY INVESTOR AND REGIONAL MEMBER NEWSLETTER
                                                                              D E S M O I N E S , I O WA                         Sponsored by
 JULY 2018 | VOLUME XII | ISSUE VlI

            INTERNATIONAL CHAMBER                                              ECONOMIC DEVELOPMENT                                               DSM USA
#ACCE18

            ANNUAL CONVENTION IS HERE                                          MOMENTUM
            The Association of Chamber of Commerce Executives (ACCE)
                                                                                                                                                  EVENTS
            Annual Convention comes to Greater Des Moines (DSM) from July
            17 – 20. The event will convene more than 1,000 Chamber of
            Commerce professionals and other influencers from across the
            world to experience the region’s momentum.
            Learn more at acceconvention.com.
                                                                                                                                                   To view a complete list of
                                                                                                                                                   upcoming events, visit
                                                                               MidAmerican Energy Company to Hit 100 Percent                       DSMpartnership.com/
                                                                               Renewable Energy                                                    events. See more small
                                                                               MidAmerican Energy Company will be the first investor-              business events on page 3.
                                                                               owned electric utility in the country to generate renewable         WEDNESDAY, JULY 11
                                                                               energy equal to 100 percent of its customers’ usage on an           Seize the City Intern Series:
                                                                               annual basis, upon completing its proposed Wind XII project.        Personal Brand (See full
                                                                                                                                                   series schedule online at
                                                                                                                                                   DSMpartnership.com/
                                                                                                                                                   seizethecity)
                                                                                                                                                   TUESDAY, JULY 17 –
GAME-CHANGING WATER TRAILS                                                                                                                         FRIDAY, JULY 20
PLAN IS FEASIBLE, ENGINEERING                                                                                                                      ACCE Annual Convention
STUDY SHOWS                                                                                                                                        WEDNESDAY, JULY 18
 An engineering study detailing the transformational long-term water                                                                               Best of China Trip
 trails plan has been released showing that the plan is feasible. The                                                                              Registration Deadline
 plan would create a network of more than 80 water trails projects             Source Allies Inc. Plans Expansion
 and includes bringing to life the Downtown riverfront. Continuing
                                                                               Source Allies, Inc., an information technology consultancy, is
 steps to activate the Downtown riverfront and river is a Partnership
                                                                               planning a $3.8 million expansion of its current workspace
 2018 Strategic Priority. A funding feasibility study is taking place this
                                                                               in Urbandale to allow for additional growth.
 summer with results set to be released in the fall.
                                                                               Read more economic development news at
 Learn more at dmampo.org/water-trails-engineering-study.                      DSMpartnership.com/news.

                                                   SIGN UP FOR NEWSLETTERS, SHARE REGIONAL MESSAGES
                                                   Learn about the latest news from The Partnership. Sign up for OneVoice Weekly and other Partnership e-newsletters
                                                   at DSMpartnership.com/newsletters. Sign up to share the latest regional news with the world by becoming a DSM
                                                   USA Ambassador at DSMpartnership.com/DSMUSAambassadors. Learn how to help share the DSM USA message at
                                                   DSMpartnership.com/about. Read The Partnership’s blog at DSMpartnership.com/blog. Want to contribute a
                                                   guest-written blog? Email ambassadors@DSMpartnership.com to learn more.

                                                                                                                                                DSMpartnership.com
JULY 2018                                                                           ONEVOICE                                                                                     PAGE 2

CHAIR’S COLUMN                                                                                                         DSM BUZZ
DAN HOUSTON, 2018 CHAIR                                                                                                •     DSM was named the #8 Top Place for Creatives in 2018 by
                                                                                                                             SmartAsset.
                                    Another Sign of Our Momentum on the World Stage
                                                                                                                       •     Food & Wine magazine published an article titled “We Can’t
                                    There’s something special happening here in Greater Des Moines                           Believe How Cool Des Moines is Being Right Now” detailing
                                    (DSM). We’re growing. We’re global. We’re different. That’s why the                      the region’s restaurant, bar and coffee shop scene.
                                    Association of Chamber of Commerce Executives (ACCE) decided                       •     The Seize the City summer intern series continues with two
                                    to bring its Annual Convention here on July 17 – 20. More than                           events in July and one in August. Seize the City is open to
                                    1,000 Chamber of Commerce, economic development and business                             all interns and college students working in DSM to connect
                                    leaders from around the world will gather here in DSM. They’ll see                       to community engagement and professional development
                                    the momentum and learn about our plans for future game-changing                          opportunities. Learn more at DSMpartnership.com/
                                    projects such as Lauridsen Skatepark and further riverfront activation                   seizethecity.
                                    on the Des Moines and Raccoon Rivers. The last time the Annual
                                                                                                                       •     The Partnership won two Awards of Excellence through the
                                    Convention came to DSM was 1964, so this is potentially a once-in-
                                                                                                                             ACCE’s Awards for Communications Excellence program for
a-generation opportunity to host this group of influencers. Landing this major event is a testament to
                                                                                                                             its national digital marketing campaign and its Maximizing
our region and our ability to work together. The Partnership worked closely with Catch Des Moines for the
                                                                                                                             Momentum 2022 Investor Campaign.
winning bid, which would not have been possible without the Hilton Des Moines Downtown Convention
Hotel. ACCE could have gone anywhere. They chose DSM. We will make this count. Register to attend at
acceconvention.com. Please help welcome our guests to DSM.

          DSM USA
          CHAMBER SPOTLIGHTS:
                                                                                                     POLK CITY CHAMBER OF COMMERCE
          ADEL PARTNERS                                                                              AND ECONOMIC DEVELOPMENT
          CHAMBER OF COMMERCE                                                                        CORPORATION

                                                                                                     Board President: Joshua MacLean, Structure Financial
          Board Chair: Marc Riley, Peoples Bank
                                                                                                     Executive Director: Sheila Mahan
          President: Deb Bengston
                                                                                                     Members: 70
          Members: 174
          What is one initiative or project that you are looking forward                             What is your Chamber’s biggest accomplishment in the past
          to in 2018?                                                                                12 months?
          The Raccoon River Valley Trail (RRVT) Improvement project. The Chamber                     Our biggest accomplishment is the merger of the Economic Development
          is just starting to pull this project together to enhance the RRVT from                    Corporation and the Chamber of Commerce under one executive board.
          the bridge over the Raccoon River to Nile Kinnick Drive. This will be a
          $100,000 project to improve landscaping, art presentation and bridge                       What is one initiative or project that you are looking forward
          enhancements.                                                                              to in 2018?
                                                                                                     Getting more visitors from Saylorville and Big Creek to stop in Polk City
                                                                                                     and utilize the local businesses.
JULY 2018                                                                      ONEVOICE                                                                                       PAGE 3

                                                                                                                                                SMALL BUSINESS
                                                                                                                                                EVENTS

                                                                                                                                                FIRST FRIDAY SERIES
                                                                                                                                                Friday, July 13 | 11:30 a.m.
                                                                                                                                                The Iowa Center
                                                                                                                                                8345 University Blvd., Ste. 1F, Clive
                                                                                               NEW VIDEOS
                                                                                               SHOWCASE DSM                                     Susan Watts, Owner of Olson-
                                                                                               USA TO ECONOMIC                                  Larsen Galleries, will be the
                                                                                                                                                presenter.
                                                                                               DEVELOPMENT,
                                                                                               TALENT AUDIENCES                                 TOP FIVE FOR SMALL
                                                                                                                                                BUSINESS SERIES
                                                                                               In conjunction with the Principal Charity        Wednesday, July 25 | 11:30 a.m.
                                                                                               Classic, The Partnership sponsored               Greater Des Moines Partnership
                                                                                               two 30-second commercials that aired             700 Locust St., Ste. 100,
                                                                                               during the live international television         Des Moines
NEW AD CAMPAIGN ENCOURAGES                                                                     segment on the Golf Channel during
                                                                                               the event. One commercial was aimed              Matthew Warner-Blankenship,
RESIDENTS TO VISIT DOWNTOWN DSM USA                                                            at talent attraction and one included            Shareholder at Davis Brown Law
The Partnership has worked closely with the City of Des Moines to launch an                    economic development messaging.                  Firm, will speak on the Top Five
advertising campaign encouraging residents from throughout the region to visit                 To view the talent-focused commercial,           Things to Know About Protecting
Downtown DSM. The campaign will promote the vibrancy of Downtown as well as the                go to DSMpartnership.com/living-here/            Intellectual Property from
ease of access of getting to and traveling within Downtown. The campaign will run              communities.                                     Employees When They Leave Your
throughout the summer and include digital billboards, online and radio advertising,                                                             Company.
skywalk advertising, advertising on DART buses and much more. This is the first                To view the economic development-
campaign to incorporate messaging identified through a quantitative and qualitive              focused commercial, go                           CAPITAL FOR YOUR BUSINESS
research project which was used to launch the Downtown DSM USA identifier in late              to DSMpartnership.com/                           SEMINAR
2017. A strong Downtown core is important to workforce attraction and continued                growingbusinesshere.                             Thursday, Aug. 2 | 8 a.m.
economic development growth throughout the entire region.                                                                                       Greater Des Moines Partnership
                                                                                             BEST OF CHINA                                      700 Locust St., Ste. 100,
Learn more about visiting Downtown at downtownDSMUSA.com.
                                                                                                                                                Des Moines
                                                                                             TRIP REGISTRATION
KEY STAT                                                                                     DEADLINE                                           This seminar will inform and
                                                                                             APPROACHING                                        educate potential and current
                                                                                                                                                business owners on capital options
                                                                                             The Partnership will lead a cultural
                                                                                                                                                for their businesses, walking
                                                                                             exploration trip to China with visits to
                                                                                                                                                attendees through the spectrum
                                                                                             Beijing, Xian and Shanghai from Wednesday,
                                                                                                                                                of capital options, bank financing
                                                                                             Oct. 10 – Saturday, Oct. 20. Registration for
                                                                                                                                                types and expectations, alternate
                                                                                             this trip is open until Wednesday, July 18.
                                                                                                                                                loans and grants and buying on
                                                                                             Learn more at DSMpartnership.com/events.           contract.

BRAGGING RIGHTS
•   The City of Ankeny is the fourth-fastest-growing city in the country with a population      •    Hubbell Realty Co. held a ribbon cutting for its Bridge District in the Historic
    of 50,000 or more, according to the latest U.S. Census Bureau report. Ankeny grew by             East Village. The 16-acre development will hold more than 700 housing units
    6.4 percent from July 1, 2016 – July 1, 2017, adding an average of more than 10                  in the next five years.
    people per day.
                                                                                                •    Blackbird Investments and EMC Insurance Companies closed on a deal for
•   The Weitz Co. jumped up 23 spots on Engineering News-Record’s list of top contractors.           Blackbird to purchase 555 Walnut St. and EMC to purchase 701 Walnut St.,
    The company is up to 47th from 70th.                                                             helping both companies move forward on development plans.
•   Facebook and Des Moines Area Community College (DMACC) announced a partnership •                 Drake University and Catch Des Moines hosted the USA Track & Field Outdoor
    for DMACC to offer the Facebook Digital Marketing Certificate to its students. DMACC is          Championships from June 21 – 24, bringing in 1,000 of the best track and
    the second community college nationwide to partner on this certificate.                          field athletes, including former and future Olympians, as well as spectators
                                                                                                     from across the country to DSM.

                                                                                                                    DSMpartnership.com
ONEVOICE                               JULY 2018 | PAGE 4

SBA SMALL
BUSINESS SUCCESSES
THE BENEFITS OF MENTORING
Earlier this spring, SCORE — a resource partner of the U.S. Small
Business Administration (SBA) that provides free one-on-one
                                                                              May all your business challenges
business counseling and advice to small businesses — conducted
a survey of more than 20,000 business owners. The survey,                     be more business than challenge.
for a report titled “The Megaphone of Main Street: Women’s
Entrepreneurship,” reached out to business owners (male and
female) at all points of the business lifecycle: Pre-startup, startup,
in business and transitioning out of the business. Among the
findings of the survey was the impact that mentoring has on small
business success.
There was no statistically significant difference in responses
between male and female entrepreneurs regarding mentoring, but
mentoring’s impact is significant. Entrepreneurs with a mentor
are five times more likely to start a business than those without
one. And mentoring leads to a greater chance of weathering the
challenges that come with that first year in business. Of the small
businesses started by SCORE clients within the last year, 87
percent are still in operation. This compares to 75 percent who are
still in operation who didn’t have a mentor.
In the survey, businesses in the pre-startup phase, the startup
phase and those in operation for more than a year had similar
concerns. Top concerns included human resource issues,
business growth and expansion, obtaining startup assistance and
marketing strategies.
These concerns are all areas that SBA resource partners such as
                                                                                                     SPONSORSHIP AD
SCORE, America’s Small Business Development Centers (SBDCs),
the Women’s Business Centers and the Veterans Business
Outreach Centers can provide free, one-on-one mentoring in.
Take advantage of mentoring and give your small business a
better chance for success.
Looking for more? Read more SBA blog posts at DSMpartnership.
com/blog and learn more about SBA resources at sba.gov.                       At U.S. Bank, we know not everything comes easy. But we have
                                                                              the unique products and services that may take your business
ABOUT THE PARTNERSHIP                                                         in the direction you want it to go. Get started on making your
The Greater Des Moines Partnership is the economic and community              possible happen today.
development organization that serves Greater Des Moines (DSM),
Iowa. Together with 23 Affiliate Chambers of Commerce, more than
6,100 Regional Business Members and more than 330 Investors,
The Partnership drives economic growth with one voice, one
mission and as one region. Through innovation, strategic planning
and global collaboration, The Partnership grows opportunity,                  To learn more, please contact:
helps create jobs and promotes DSM as the best place to build a
business, a career and a future.                                              Rob Bakker, Vice President
Send us your news! To be featured in “Bragging Rights,” send
us news items such as business expansions, awards, industry
                                                                              515.245.6252 | robert.bakker@usbank.com
recognition, etc. You must be a Greater Des Moines Partnership
Investor or an Affiliate Member to be featured. Contact
Kyle Oppenhuizen at (515) 286-4972 or at
koppenhuizen@DSMpartnership.com.

PUBLICATION INFORMATION
One Voice is the monthly Affiliate Member and Investor newsletter        usbank.com
of the Greater Des Moines Partnership. For editorial comments or
questions,contact Tiffany Tauscheck, Chief Strategy Officer, at
(515) 286-4954. For circulation changes, contact (515) 286-4950
or email info@DSMpartnership.com.

                                                                         Member FDIC ©2018 U.S. Bank. 18-0280-B CR-13447092 (4/18)

                    DSMpartnership.com
businessrecord.com | Twitter: @businessrecord
GOVERNMENT
businessrecord.com | Twitter: @businessrecord

                                                  State launches Fast Track Filing,
                                                  accepting business filings 24/7
                                                  BY KATE HAYDEN

                                                      Businesses can now file 24/7          in an online database.                    the 7 million electronic documents
                                                  with a new system in place with the           “We’ve not set a timetable on         already stored by the secretary of
                                                  Iowa secretary of state’s office.         how fast all of those will be in, but     state’s office. At the end of the proj-
                                                      New software launched June 18         I’m pretty optimistic we can do           ect, Pate said businesses in and out
                                                  aims to reduce the new business fil-      something at a pretty reasonable          of state should be able to pull up fil-
                                                  ings wait significantly — from two        rate once we start getting past the       ing documents on the secretary of
                                                  weeks to less than a day.                 first couple,” Pate said. “Every one      state’s website without paying for a
                                                      Fast Track Filing has started to      of these has its own processes —          subscription service.
                                                  accept many of the 20,000 new busi-       uniform commercial filings is its             “The biggest challenge ... is we
                                                  ness filings submitted each year to       own beast, and we’re updating             want to get it cataloged in a format
                                                  the office. The system will eventu-       that already.”                            that users can access it and pull
                                                  ally expand to accept other filings,          Fast Track Filing has been in         up what they need,” Pate said. “If
                                                  including business renewals, after a      development since October, led by         you need to access something, you
                                                  few months of use. The new system         information technology special-           should be able to use our library.”
                                                  is available 24 hours a day at filings.   ist Kyle Phillips and using funds             With a limited amount of time
                                                  sos.iowa.gov.                             raised by the Technology Modern-          on the Technology Modernization
                                                      New businesses in Iowa are re-        ization Fund.                             Fund, the priority in the office is
                                                  quired to file a certificate of orga-         “The idea for this has been           getting as much of the documents

                                                                                                                                                                                                        SUBMITTED PHOTO
                                                  nization, articles of incorporation       around for a while. We just didn’t        digitized as possible, Pate said.
                                                  and a certificate of authority, which     have the resources to do it,” Phil-           “We’re trying to compile what all
                                                  will all be available to submit in        lips said. “I think the thing that        we need to do. That sounds kind of
                                                  Fast Track Filing.                        did surprise us is just the sheer         basic, but when we were in a mode
                                                      An estimated 30 percent of the        volume and numbers, because               before this that I’d call ‘get through
                                                  20,000 new filings are rejected each      nobody ever looked at how much            the day’ mode — make sure the
                                                  year because of errors in applica-
                                                  tion, Secretary of State Paul Pate
                                                                                            time this is going to save us. ... We
                                                                                            didn’t look at that in great detail
                                                                                                                                      equipment operates, make sure
                                                                                                                                      we’re able to give the basic services
                                                                                                                                                                                THE SECRETARY
                                                  said, errors that the online applica-     until more recently.”                     — the amazing thing is the public         OF STATE’S OFFICE
                                                  tion is programmed to catch imme-             The Technology Modernization          was pretty satisfied with what we         PROCESSES
                                                  diately. Correcting errors in paper-      Fund, approved by the Iowa Legis-         were doing,” he said.

                                                                                                                                                                                 20,000
                                                  filed applications can take four to       lature in 2017, is provided through           “We had a lot of dedicated staff
                                                  six weeks to remedy and send back         an increase in filing rates for the       who just held it together, but the
                                                  through the mail.                         secretary of state’s office from $30      staff was getting a little frayed and
                                                      “The volume that we see here          to $45. That fund is temporarily au-      a little worn out, and we couldn’t         new business entity
                                                  is overwhelming,” Pate said. “We’re       thorized to raise up to $2 million a      keep the pace,” he added. “These new       filings per year
                                                  looking at about 60,000 phone calls       year through July 2022.                   technology upgrades are significant,

                                                                                                                                                                                 101
                                                  a year from small businesses call-            Until that fund was autho-            and allow us to not have to count on
                                                  ing in, asking questions or wanting       rized, the office had been work-          staff working 60-hour weeks.”
                                                  help. ... And we have about 12,000        ing on a “duct tape and baling                Once all filings are open on
                                                  walk-ins who come in to get the           wire budget,” Pate said. Most of          Fast Track Filing and the majority         different types of
                                                  paperwork processed or get assis-         the existing machinery, including         of machine processes are updated           business filings
                                                  tance in some fashion.                    microfiche scanning, has been at          in the secretary’s office, Pate said
                                                      “We figured this was going to         the end of its usable life, and staff     the staff will have more time and
                                                  save us about 70 hours” of staff la-      members were struggling to find           training to focus on customer ser-
                                                  bor each week, he said. “That’s the
                                                  staff time we hope to redirect to
                                                                                            replacement parts.
                                                                                                “In all fairness, our technology
                                                                                                                                      vice experience.
                                                                                                                                          “It will allow them to be able         60,000
                                                  customer service.”                        was a little embarrassing, looking        to focus on something that’s prob-         phone calls per year
                                                      New business filings account          more like something before Bill           ably a higher priority for our staff
Business Record | June 29, 2018

                                                  for most of the documents submit-         Gates even came on the scene, so          and for the customer,” he said. “We
                                                  ted to Pate’s staff every year, out of    that dates it a little bit,” Pate said.   are encouraging people to use on-

                                                                                                                                                                                 12,500
                                                  101 filing categories. Next Pate’s of-    “Now the staff has some tools, now        line systems and to pay online just
                                                  fice will prioritize introducing the      we just need to give the staff some       as banks do, because the time our
                                                  next 100 categories to Fast Track         time to build the things that cus-        staff spends on this isn’t a good use
                                                  Filing based on the volume the of-        tomers here deserve.”                     of resources.” n                           walk-in customers
                                                  fice receives from each category.             Staff members are continuing                                                     per year
                                                  Eventually, Pate said, all those fil-     to digitize 3 million to 5 million
                                                  ings will be accessible to the public     business documents, in addition to

       18
REGISTER NOW                                                                businessrecord.com/events

         Thursday, August 9, 4-7 pm
             Downtown Marriott Hotel, 7th and Grand
             4 pm Complimentary hors d’oeuvres and cash bar reception
             5:15 pm Presentation of honors
             Individual tickets $45; Table of 10 $500

    2018 WOMEN OF INFLUENCE                          Mary Coffin                   UNI BUSINESS
    Kim Bakey
                                                     Wells Fargo                   WOMAN BUSINESS OWNER OF THE YEAR
    HomeServices of Iowa                             Lana Jones Gould              Deniz Franke
                                                     Community Volunteer           Franke Miller Group
    Linda Carter-Lewis
    Civil Rights Activist/Community Volunteer        Teri Wahlig                   MEREDITH
                                                     ChildServe
    Carole Chambers                                                                EMERGING WOMAN OF INFLUENCE
    West Des Moines Chamber                          Wendy Wintersteen             Mandi McReynolds
                                                     Iowa State University         Principal Financial Group

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                                                                                                                                                      RANDY EVANS
                                                Tariffs aren’t so simple                                                                                  Randy Evans is the executive director
                                                                                                                                                          of the Iowa Freedom of Information
                                                                                                                                                          Council.

                                                    The school year is finished, but whether      to the president’s tariffs. But the tit-for-tat         That means the biggest consequence of
                                                we like it or not, Iowans have been sent to       dispute over international commerce could           the widget tariff would fall directly on U.S.
                                                summer school this year.                          cause huge headaches for Iowa farmers and           consumers who would pay more.
                                                    The subject for our summer education:         businesses that rely on them.                           There are a couple of fundamental eco-
                                                the economics of foreign trade and tariffs.           Pork producers in Iowa are worried about        nomic lessons involved here that often get
                                                    Professor Donald Trump assured us             losing up to $560 million in sales to Mexico.       overlooked: Companies have moved their
                                                this would be really simple to master and         Last week, China responded to U.S. tariffs by       factories out of the U.S. primarily because
                                                wouldn’t take very long. But Iowa farmers         slapping a 25 percent duty on U.S. goods — a        they can pay workers in Mexico or China sig-
                                                and the owners and managers of many busi-         move experts believe will cost Iowa soybean         nificantly less than they would pay workers
                                                nesses are now realizing the professor might      farmers up to $620 million.                         in the U.S. And whether the factory is in the
                                                need to brush up on the subject material be-          The effects of this potential $1 billion        U.S. or elsewhere, automation is reducing the
                                                fore he teaches more lessons.                     blow to Iowa farmers would go much farther.         need for factory workers.
                                                    The president’s tariffs have been imposed     Farmers are less likely to buy John Deere               Dimy Doresca, director of the University
                                                on goods produced by many of our overseas         tractors and combines or Kinze planters and         of Iowa Institute for International Business,
                                                trading partners for sale to customers in the     grain carts, and a protracted trade fight and       said Iowa is going to suffer as this trade dis-
                                                United States. Those nations have responded       downturn in sales could lead to layoffs at          pute drags on. “I don’t see any way to look at
                                                by imposing tariffs on many products their        those factories.                                    this where Iowa will come out as a winner,”
                                                residents want to buy from the United States.         Iowa consumers who don’t owe their live-        he told The Des Moines Register.
                                                 Suddenly this easy-peasy course in econom-       lihood to agriculture may face other effects            Tim Bardole, a farmer from Rippey and
                                                ics has turned into a complex exercise that is    from the tariff dispute. Foreign goods that         a director of the Iowa Soybean Association,
                                                creating ulcers from border to border in Iowa     are subject to U.S. tariffs will be more ex-        said, “There’s no shortage of things to think
                                                and across the globe, too.                        pensive. Competing products that are made           about when you lay awake at night.”
                                                    Even if you are not a farmer or don’t own     in the U.S. may rise in price, too, as collateral       Professor Trump, your students have
                                                a manufacturing company, you are feeling          damage from the tariffs.                            learned enough already to know they wish
                                                the effects of the tariffs — or soon will be.         Here’s a simplified example to help you         you had not signed them up for this expen-
                                                    If you are a consumer, those foreign goods    understand why:                                     sive set of lessons. n
                                                on which the U.S. has imposed tariffs will cost       Consider a widget made in Mexico or Chi-
                                                you more, or U.S. goods made with certain for-    na that had been selling in the U.S. for $100
                                                eign raw materials will cost more. And if you     before the tariff dispute. A 20 percent Trump
                                                are a farmer or a manufacturer, your products     tariff means the widget now will cost you $120.
                                                will cost your foreign customers more.                Similar widgets made in the United States
                                                    A tariff is just a fancy word for a tax the   may have been selling for $110. The Trump
                                                United States government collects — and           tariff means those U.S. widgets are now less        Have an opinion?
                                                                                                                                                      We’re always on the lookout for community leaders who
                                                pockets — from U.S. buyers of certain goods       expensive than the $120 foreign widgets.
                                                                                                                                                      want to voice their opinion on the issues affecting Central
                                                brought into our country. Tariffs that other          U.S. widget companies could increase            Iowa business. If there’s an issue or challenge in your
                                                countries impose on U.S. goods mean those         their sales by taking advantage of the price        industry that you think our readers should hear about,
                                                products cost overseas customers more.            difference. But they might decide, instead, to      consider submitting a column for publication. For more
                                                    Republicans in Congress who typically         capitalize on the tariffs and raise the price of    information, contact the editor at suzannebehnke@
                                                would be apoplectic over any tax increase         their U.S. widgets to $120.                         bpcdm.com.
                                                have been pretty restrained in their reaction

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Business Record | June 29, 2018

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A stronger
                                                                         economy
                                                                         begins at
RECEN
      T
TO H O G R A D UAT E                                                     Thanks to the organizations
      MEOW           S
             NERSH OF THE BLU
                     IP P RO         EP
                             G R A M R IN T
                                    .
                                                                         and individuals who supported
                                                                         our STABLE STEADY STRONG
                                                                         2018 campaign, area residents
                                                                         are benefitting from a variety of supportive services. These services help them
                                                                         achieve a sense of independence and self-pride by securing and maintaining
                                                                         safe, stable and affordable living situations. On behalf of the Polk County
                                                                         Housing Trust Fund, thanks for making a difference — in the lives of area
                                                                         residents, in the growth of neighborhoods, in the productivity of employees
                                                                         and in the continued strength of our local economy.

                                                                         FUNDERS

                                                                         American Enterprise Group       Fidelity & Guaranty Life       PCHTF Board & Staff
                                                                         Charitable Fund
                                                                                                         First National Bank            Principal Foundation
                                                                         American Equity Investment
                                                                                                         Fleet Feet Des Moines          Professional Property
                                                                         Life Insurance Co.
                                                                                                                                        Management
                                                                                                         The Graham Group, Inc.
                                                                         American Trust & Savings Bank
                                                                                                                                        Rafferty Group
                                                                                                         Great Southern Bank
                                                                         Baker Electric
                                                                                                                                        Ryan Companies US
                                                                                                         Ralph & Sylvia G. Green
                                                                         Baker Group
                                                                                                         Charitable Foundation          Ernest & Florence Sargent
                                                                         Bank Iowa                                                      Family Foundation
                                                                                                         HPM Investments Inc.
                                                            F            Bank of America Charitable                                     Simonson Charitable Fund
                                                     OA L O                                              Hubbell Realty Company
                                           H E IR G E S E R V IC E S .   Foundation
                              C H IE V E T        T IV                                                                                  Snyder & Associates, Inc.
                        ILY A            PPO    R                                                        Hurd Properties
              E R FA M A N K S TO S U                                    Bank of the West
       AND H           TH                                                                                                               Straub Marketing
RO C IO W N E R S H IP                                                                                   Iowa Realty Foundation
       O                                                                 Bankers Trust
HOME                                                                                                                                    Tarbell & Co. P.L.C.
                                                                                                         Iowa State Bank
                                                                         Blackbird Investments
                                                                                                                                        Two Rivers Bank & Trust
                                                                                                         Jester Insurance Services
                                                                         Christensen Development
                                                                                                                                        U.S. Bank Foundation
                                                                                                         Kemin Industries
                                                                         Community State Bank
                                                                                                                                        UnityPoint Health –
                                                                                                         William C. Knapp
                                                                         Conlin Properties                                              Des Moines
                                                                                                         Charitable Foundation
                                                                         Patty & Jim Cownie                                             The Weitz Company, LLC
                                                                                                         Koester Construction Company
                                                                         Charitable Fund
                                                                                                                                        Wells Fargo Housing
                                                                                                         LSB Foundation
             505 – 5th Avenue, Suite 1000                                CT Development                                                 Foundation
                                                                                                         McAninch Corporation
             Des Moines, IA 50309                                        W.T. & Edna M. Dahl Trust                                      West Bancorporation
                                                                                                         MetaBank                       Foundation
             WWW.PCHTF.ORG                                               Deibler & Company
                                                                                                         Midwest Housing Equity Group   Connie Wimer Charitable Fund
                                                                         Easter Family Fund
                                                                                                         MVAH Partners                  Zimmerman Properties, LLC
                                                                         EMC Insurance Foundation
             Visit PCHTF.ORG to learn more about                                                         National Equity Fund
                                                                         EPC, LLC
             what Polk County Housing Trust Fund is                                                      Nationwide Foundation          PUBLIC FUNDERS
                                                                         Equitable Life of Iowa Fund
             doing to make certain the workforce we                                                      Newbury Living                 Iowa Finance Authority
             need has access to the homes they need.
                                                                         Estes Construction
                                                                                                         Northwest Bank                 Polk County
                                                                         FHLB Des Moines
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