City Council Minutes 12-27-1983MINUTES
SPECIAL MEETING - MONTICELLO CITY COUNCIL
December 27, 1983 - 5:00 P.M.
Members Present: Arve A. Grimsmo, Fran Fair, Jack Maxwell,
Dan Blonigen, Ken Maus.
Members Absent: None.
A special meeting of the Monticello City Council was duly held at
5:00 P.M. on Tuesday, December 27, 1983, in the City Council Chambers.
Members present were Grimsmo, Fair, Blonigen, Maxwell, Maus. Members
absent: None.
The meeting was called to order by the Mayor, and this being a special
meeting, the reading of the minutes of the previous meeting were
dispensed with.
1. The Mayor convened a public hearing for the purpose of accepting public
comment and testimony with respect to a proposal by Key Properties to
issue Industrial Development Revenue Bonds under Minnesota Statute 474.
Mr. Jack Gries and Mary Eull were present representing Key Properties.
They explained that Key Properties is interested in construction of
a 20,000 sq. ft. building on the property lying between Lauring Lane
and Interstate 94. The building would then be leased to Key Tool and
Plastics, currently operating in Big Lake, for their expansion. The
new facility would create approximately 40 new jobs in the community.
They noted that the total amount of the bond issue will be approximately
$650,000 to be applied to the cost of acquisition of land, building
construction, equipment acquisition and installation, and all of the
associating fees. Mr. Gries went on to explain that they appreciated
the City Council meeting in special session in order to take action
before the end of the year. He explained that there was some concern
over pending federal legislation that may place certain limitations on
the issuance of Industrial Revenue Bonds, and it was their hope that
any legislation that is passed will grandfather in projects that have
had official action prior to the first of the year.
The Mayor asked if there were other people present who wished to comment
on the project. There were none. The Mayor closed the public hearing.
Motion by Councilmember Blonigen to adopt the following resolution
giving preliminary approval to the proposal submitted by Key Properties.
See Resolution 1983-#93, which is on file in the office of the City
Administrator. The motion was duly seconded by Councilmember Fair.
Voting in favor: Grimsmo, Fair, Blonigen, Maus, and Maxwell. Voting
in the opposition: None.
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Special Council Minutes - 12/27/83
2. Mr. Howard Gillham, Mr. Jean Brouillard, and Mr. Jim Metcalf, rep-
resenting the Monticello Country Club, and Mr. Jim Ridgeway, Chair-
person of the Monticello Planning Commission, were present to sub-
mit the final plat for Country View Terrace. Gary Anderson, Zoning
Administrator, reported that the Planning Commission had met prior
to the Special Council Meeting and moved the recommendation of
approval of the final plat for Country View Terrace. The Mayor,
noting that this plat had been discussed at length through its
preparation stages, asked if there was a motion. Motion by Maxwell,
seconded by Maus, to grant final approval to the final plat of
Country View Terrace. The motion passed unanimously.
3. Motion by Fair, seconded by Blonigen, and carried unanimously to
pay the following December bills.
4. There being no further business, the special meeting was adjourned.
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Thomas Eidem
City Administrator
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