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IDC Agenda 12-19-1991 . . . I AGEN A MONTICELLO INDUSTRIAL DEVE OPMENT COMMITTEE MEETING Thursday, December 9, 1991 - 7:00 AM City all MEMBERS: Chairperson Shelley Jo nson, Don Smith, Ron Hoglund, Lowell Schrupp, Dale Lun witz, Arve Grimsmo, Jay Morrell, Harvey Kendall, Dennis aylor, Ken Maus, Linda Mielke, John McVay, Dave Peters n, Tom Pogatchnik, Bob Dawson, and Candy Benoit. Rick Wolfsteller, Jeff 'Neill, and Ollie Koropchak. STAFF: 1. CALL TO ORDER. 2. CONSIDERATION TO APPROVE THE NOVEMBER 21, 1991 IDC MINUTES. 3. CONSIDERATION TO REVIEW AND CCEPT THE MONTHLY IDC FINANCIAL STATEMENTS. 4. CONSIDERATION TO REVIEW PROCE A. Previous Year Assessmen B. Consideration To Review C. Consideration To Review; D. Prepare 1991 Activity R E. Prepare 1992 Economic D F. Approval by City Counci G. Copies to the HRA, EDA, S FOR STAR CITY RECERTIFICATION. s Suggested New Goals Preliminary Proposed Budget port velopment Work Plan (February 10, 1992) and Chamber Board members 5. CONSIDERATION TO ELECT 1992 DC OFFICERS: CHAIRPERSON, VICE CHAIRPERSON, AND TREASURER. 6. CONSIDERATION OF CHAMBER MEM ER REPRESENTATION TO THE IDC. 7. CONSIDERATION OF AN UPDATE 0 COMMENT ON THE WRIGHT COUNTY ECONOMIC DEVELOPMENT ORGANIZ TIONAL STATUS. 8. CONSIDERATION OF A PROSPECT PDATE. a) AROPLAX CORPORATION b) ROGERS 20,000 SQ FT MAN FACTURE FACILITY c) METRO NATIONAL DISTRIBU OR FACILITY d) OTHERS 9. OTHER BUSINESS. 10. ADJOURNMENT. NO CHAMBER MEETING IN DECEMBER. CHAMBER RECOGNITION BANQUET, MONO Y EVENING, JANUARY 27, 1992. . . . MINU MONTICELLO INDUSTRIAL Thursday, November City ES EVELOPMENT COMMITTEE 1, 1991 - 7:00 AM all Chairperson Selley Johnson, Don Smi th, Ron Hoglund, Joh McVay, Arve Grimsmo, Dennis Taylor, Lowel: Schrupp, Bob Dawson, Linda Mielke, and Cndy Benoit. Dale Lungwi tz I Jay Morrell, Harvey Kendall, Ken Maus, Dav' Peterson, and Tom Pogatchnik. MEMBERS PRESENT: MEMBERS ABSENT: STAFF PRESENT: Jeff O'Neill Koropchak. STAFF ABSENT: Rick Wolfstel er. 1. CALL TO ORDER. Chairperson Shelley Johnson c lIed the IDC meeting to order at 7:00 AM. 2. CONSIDERATION TO APPROVE THE OCTOBER 17 1991 IDC MINUTES. John McVay made a motion to pprove the October 17, 1991 IDC minutes, seconded by Linda Mi lke, and with no corrections or additions the minutes were a proved as written. 3 . CONSIDERATION TO REVIEW STAT~::E:\i. s. ACCEPT YEAR-END FINANCIAL Koropchak briefly reviewed t e financial reports and stated that the IDC'S combined Wrig t County and Security Financial balance as of November, 1 91 is $9,267.50 compared to December, 1990 of $10,273.61. The 1991 Banquet profit was $5,010.27 compared to 1990 rofi t of $4,354.68. With the proposed budget partially co pleted, Koropchak asked the IDC members for suggested ideas i preparation for the 1992 goals and budget. It was suggest d to continue the research for journal advertisement for the proposed budget and a committee of Shelley Johnson, Don Smit , and Koropchak was recommended to set 1992 IDC goals with eview by the full committee in December or January. Members were asked to keep an open ear for a '92 Banquet speaker and looked at setting a banquet date. The 5th Monday in calendar year '92 appear' in August and November, the members will determine the d te within a short time. . IDC MINUTES 11-21-91 4. CONSIDERATION TO DISCUSS MAKE RECOMMENDATION ON THE CHEL EA LAND STUDY/CONCEPTUAL AREA PLAN. FORMAL COMMENT AND USE AND CIRCULATION At the October IDC meeting, member wi th a copy of the Conceptual Area Plan maps Amendment. The committee information for discussion a I Jeff O'Neill presented each IDC Land Use and Circulation Study and a copy of the Ordinance as asked to review the given d comment at November meeting. Mr. O'Neill informed the IDC hat the given plan is the result of the All-Government Units eeting held last June, of which, the IDC members attended. H further informed the IDC of the Housing and Redevelopment A thority's recommendation of the plan. Their recommendation as that the northerly 80 acres of the Kline property be retain d for industrial use. This was to assure that the ci ty m intains an adequate amount of acreage for future industr al development with a natural continuation to the south of the existing industrial park. . Originally, the planner ru tIed with this area; however, proposed Multi-Residential s this would be an ideal buffer between the industrial par ; the school; and the housing developments, and because a zone change request from a Residential zone to an Indstrial zone is easier than vice versa. Mr. 0' Neill said t e Kline property may be a moot point as the property is in he township not in the city. In the meantime, the plann I' is considering the HRA' s recommendation and is reassessing transportation al ternatives. The IDC questioned if the 80 acres were not earmarked for industrial development, what are the alternative areas for future industrial development? Currently, the city has approximately 200 acres f available industrial zoned property, the larger parcel being the Hoglund's 72 acres and the Farm Credi t' s 100 acr s. The Farm Credit property's recommended zoning is Light ndustrial/Business Campus (I-BC), this being the best use of the land and of a higher standard, yet, not real restrictive. The commi ttee questioned the Krautbauer property at the i tersection of East County Road 39 and 75 which is zoned PZM, and the city's Remmele property which is in the township and zoned Agricultural. It is estimated to extend sanitar sewer to this area of the Hoglund and city's Remmele prope ties would cost approximately $250,000. . The IDC asked if a would request annexation of the Kline property, what are te quidelines? The Kline property being within the OAA and abutting the city proper, a developer would need a plan which dem nstrates that 80% of the property . IDC MINUTES 11-21-91 requested for annexation w uld be developed immediately (water/sewer/roads, etc.) an that the plans were consistent with city/county plans. Fro the school's prospective, any proposed industrial land use' to the school's immediate west and of the northerly 80 acres of the Kline property would be watched for compliance with ~he proposed BC Ordinance. Mr. O'Neill reminded the IDe hat this is a conceptual study and plan which gives ideas f how land uses relate to one another and is not a zoning pI n which is an enforcement tool. Some IDC members felt that t spend $8,000 for a conceptual land use study was one thingut the important need is to tie down major transportation ro tes with the development of the school and the housing project's and to obtain roadway easement rights for those routes. (Ex mple: proposed continuation of School Road through Kline pro erty and Kjellberg property to intersect at State Highway 25). . IDC members felt the northerl 80 acres of the Kline property would be more suitable for ndustrial development with the restrictions set for property development due to the number of power and gas lines runnin through this property. Mr. O'Neill responded, that this is not necessarily true as the proposed Evergreen's deve opment plan utilized those restrictions with the devel pment of walkways, parks, or roads. The IDC agreed that ore information to the location of power and gas lines s necessary before a final determination could be made. The proposed School Road along the southerly boundary of the northerly 80 acres of the Kline property does indicate a ben to connect with the Kjellberg development and would serve a a speed control. Additionally, some IDC members expressed th best land use for the Kjellberg property was industrial fro ted by commerical along State Highway 25 thereby giving d rect access to the industrial areas from Highway 25 via he completion of Dundas Road assisted by state aid and the proposed School Road which could serve as a natural buffer to southerly 80 acres of the Kline property. . Mr. O'Neill briefly updat d the IDC on the housing developments stating Briar 0 ks Phase I is proposed for 28 homes next year and Phase II or an additional 60 lots, price range from approximately $80, 00 and up. Cardinal Hills Phase I is proposed for 24 homes w"th six now under construction, price range as first time horn buyers (approximately 70,000) . Additional phases included approximately 400 lots for development and may consti t te the need to create a mixed housing neighborhood. The Evergreen's plat hasn't been recorded at the county and orne problems exist because of ..._..____ i . . . IDC MINUTES 11-21-91 liens against the property nd unknowns of the title. It appeared to the IDC that the roposed residential land use and planned developments for the future were in good shape and therefore it may be wise to safe guard land for industrial use. Based on the above discussio 5, it was the general consensus of the IDC that the northerl 80 acres of the Kline property be considered for industria use and governed by the BC Ordinance. The IDC did not make commen on the proposed Be Ordinance Amendment. 5. CONSIDERATION TO DISCUSS ANNU L BRE SURVEY AND TEAM VISITS. One IDC member expressed hi feeling that the industrial businesses seem to be a world apart from the rest of the community and questioned if the IDe could actually do anything about it? One example give was the industrial businesses' small participation in the United Way Fund Drive. Besides the geographic division by the freeway, Koropchak noted that a great percentage of the top company owners or managers of industrial businesses do no reside wi thin our communi ty; therefore, little personal c ntact is made in Monticello as management returns to their re pective homes and they continue involvement of organizations and activi ties wi thin their communities. Koropchak stated that AME Read Mix, Dahlheimer's, Hoglund Bus Company, and Hoglund Transportation Company have been added to the survey list. The IDC mem ers suggested Koropchak assign IDC members to the BRE ind strial visits and notiEy the members of the date of visit. BRE surveys are due at the Department of Trade and Econo ic Development on January 15. 6. CONSIDERATION OF A PROSPECT U a) Aroplax Corporation - Ko opchak reported the source of the total project ($925,000) now includes a reduction in the Bank/SB dollars with the addition of the $200,000 Economic Re overy Grant application to the state, an additional request of $25,000 GMEF for a total of $55,000, and the original TIF injection of $70,000. This will reduce Aroplax's annual debt service by some $13,000 to $14,000. Thi suggestion by BDS, Inc. is to have Monticello I s financi 1 proposal competitive wi th the Brooklyn Park financial ,proposal. BDS, Inc will make arrangements for Mr. Pels ring and Koropchak to meet with the state officials for p eliminary review of the project . . . IDC MINUTES 11-21-91 and request for $200,000 within the next coming week. If the dollars are funded b. the Federal government the city retains the total princilpal and interest payback, and if funded by State the c ty retains the first $100,000 principal and interest : payback. Koropchak received a call from Paul Schoen asking for available storage space for the used presses pur! hased currently by the company. Suggestions were M&P Transports, Bridge Water Telephone, and Clow Stamping. Mr. erry Schoen is out-of-town until December 2. A letter of intent has been prepared and an attempt to tie down the roject in Monticello is proposed by BDS and Koropchak. b) Molded Packaging Produ ts Company - According to Deb Palmquist, the company has not narrowed the list of twenty-five potential 10 ations and their site selection process may have slowed down due the economic status of our country. John Mc. ay expressed he has heard no additional information n the process either. c) Wafer Manufacturing Com any - Enclosed is a copy of the letter from Mr. Towers which outlines the consultants progress for site locati n of this Phase I 450,000 square foot development, Phase II 300,000 square feet. The consul tant anticipates nother six to eight weeks to review all proposals pr'or to any site eliminations. d) Metro National Distrib tion Warehouse/Office This privately owned company lans to construct a 60,000 sq ft facili ty. The company ha three major internal decisions to be made prior to s rious consideration of a site location. Koropchak inf rmed the Chief Financial Officer of the available REA fun s and noted the city nor Bridge Water has ever applied for the funds. The telephone company being the applic nt and borrower for the $100,000 interest free loan. e) Annandale Investor - This Annandale investor works with businesses interested n leasing facilities and he becomes the lessor. H is currently working with a couple of clients and wi 1 contact Monticello before the holidays. f) Maintenance Repair/Offi e Facility This company represented by a contra tor continues to look at other alternative options for site location. The contractor and company are looking or 15 acres for outdoor storage and the construction of three buildings which total no more than 20,000 sq ft. he outdoor storage would be for milling equipment, pavem nt equipment, water tanks, etc. . . . IDC MINUTES 11-21-91 Inorder to comply with he City's Ordinance for outdoor storage, the company wo Id need to obtain a conditional use permit. g) G & G Oil Company - Encl sed is a copy of the letter from Mr. Speck noting the com any is no longer in the position to pursue their reloca! ion plans as the project was contingent on the sale of their current property which fell through. In addit.on, he thanked the all persons for their time, and cknowledged the courteous and professional treatment eceived. h) Confidential Office/Di tribution/Warehouse This a regional company is 100 ing to relocate their business under one roof and has e pressed interest in a Monticello location. The contact as been pursued through an IDC member. I) John McVay expressed h has been unable to reach the Micro Tech Company and oropchak noted the out of state betting facility has be n placed on hold. 7. OTHER BUSINESS. The Chamber meeting is Legion. Program is scenarios on Illiteracy 8. ADJOURNMENT. at 11: 50 AM at the American Coffield, two improvisation Workplace. The IDe meeting adjourned at 8:30 AM. . . . STAR CITY REC RTIFICATION A. PREVIOUS YEAR ASSESSMENT. 1) 1990/91 BRE Surveys 2) Self-Assessment Surveys (December 19th) 3) 1991 Economic Developme 4) 1991/92 BRE Local Surve t Work Plan by IDC Subcommittee (January 3th) Y IDC and Chamber Board members B. CONSIDERATION TO REVIEW SUGG STED NEW GOALS. 1) Assignment of IDC membe to an industrial business 2) Creation of ~ S number of recrui ted new industrial jobs Encourage the creation Continue research for J Analysis Labor Supply: a) Assess 90/91 BRE S rveys b) On BRE Visits (Ask Why the Problem) c) Research and Esta 1 ish a network wi th avai lable Technical Training and Programs Research the possi ility to develop a cooperative work plan between the IDC/School for Industiral Career Opportuniti s In Monticello Research the need 0 update the 1988 Labor Survey to review the City's Capital Improvements Plan. Industrial relate areas: Upgrade of Fallon Avenue, Fallon venue Bridge, Dundas Road Extension, School Road Extension (Right of Way Easements), Hoglun Property Development (7 Street Extension and need to upgrade railroad) When and costs Report on HRA, EDA, and UDAG Funds 3) 4) 5) jobs advertisement d) 6) e) Need a) b) c) 7) Develop critena and reco nize a Local Entrepreneur of the Year at the IDC Banquet and an IDC Volunteer. 8) Review the process and a alyze the Wright County Economic Development Plan for co ment and support. C. CONSIDERATION TO REVIEW PREL MINARY PROPOSED BUDGET. 1) Proposed Budget Enclose. D. PREPARE 1991 ACTIVITY REPORT. E. PREPARE 1992 ECONOMIC DEVELO MENT WORK PLAN. 1) IDC final review January 16, 1992; EDA, January 28; HRA, January 15 or February ; and Chamber Board, January 9. F. APPROVAL OF THE 1992 ECONO IC DEVELOPMENT WORK PLAN AND PRESENTATION OF 1991 ACTIVIT REPORT. 1) Approval by City Counei , February 10, 1992. 2) Submitted to the MN Dept of TED, February 15, 1992. G. FINAL COpy TO IDC, HRA, EDA, AND CHAMBER BOARD. MONTICELLO I DUSTRIES Attached letter mailed on 12/4/91 0: . FULFILLMENT SYSTEMS, INC. JACK PEACH 406 E. 7TH ST. MONTICELLO, MN 55362 295-2929 FINGERHUT CORPORATION DAN JACKSON PO BOX 10 MONTICELLO, MN 55362 295-4599 ELECTRO INDUSTRIES, INC./ MEGA PRODUCTS WILLIAM AND MERRILYN SEEFELDT 2150 WEST RIVER STREET MONTICELLO, MN 55362 295-4138 CLOW STAMPING COMPANY RICK CLOW 218 CHELSEA ROAD MONTICELLO, MN 55362 295-5050 . BONDHUS CORPORATION JOHN BONDHUS 1349 HART BLVD. PO BOX 660 MONTICELLO, MN 55362 295-2162 SMA ELEVATOR CONSTRUCTION ARLAN WILLE 113 CHELSEA ROAD MONTICELLO, MN 55362 295-4367 M & P TRANSPORTS, INC. JAY MORRELL 1401 FALLON AVENUE MONTICELLO, MN 55362 295-3122 . THE H-WINDOW COMPANY STEVE LEMME 1324 OAKWOOD DRIVE PO BOX 206 MONTICELLO, MN 55362 295-5305 RAINBOW ENTERPRISES ANDY ANDERSON 108 CHELSEA ROAD MONTICELLO, MN 55362 295-1100 AUTOMATIC GARAGE DOOR COMPANY GREG TOBIAS 1281 SOUTH CEDAR STREET MONTICELLO, MN 55362 295-4343 ABK, INC. JERRY ANDRUSKO PO BOX 657 MONTICELLO, MN 55362 295-2133 SUNNY FRESH FOODS COURTNEY ALLEN 206 WEST 4TH ST., PO BOX 428 MONTICELLO, MN 55362 295-5666 NORTHERN STATES POWER NUCLEAR PLANT DOUG ANTHONY BOX 600 MONTICELLO, MN 55362 295-1005 TIRE SERVICE EQUIPMENT MANUFACTURING COMPANY INC RAY SCHMIDT 201 CHELSEA ROAD MONTICELLO, MN 55362 295-4650 JONES MANUFACTURING ED JONES PO BOX 126 MONTICELLO, MN 55362 295-3246 BRIDGE WATER TELEPHONE COMPANY BOB RIERSON 316 PINE STREET, PO BOX 298 MONTICELLO, MN 55362 295-2974 NSP TRAINING CENTER BOB MCGILLIC 2100 WEST RIVER STREET MONTICELLO, MN 55362 295-4141 . . . MONTICELLO INDUSTRIES PAGE 2 NSP SERVICE CENTER BOB CLARK 118 DUNDAS ROAD PO BOX 386 MONTICELLO, MN 55362 TAPPER'S INC. d.b.a. GENEREUX FINE WOOD PRODUCTS/WESTLUND DISTRIBUTION WILLIAM AND BARBARA TAPPER 212 CHELSEA ROAD MONTICELLO, MN 55362 REMMELE ENGINEERING PLANT 20 JOE LAVALLE 213 CHELSEA ROAD MONTICELLO, MN 55362 AME READY MIX RICHARD MARTIE PO BOX 247 MONTICELLO, MN 55362 295-5172 HOGLUND BUS COMPANY, INC. WAYNE HOGLUND PO BOX 249 MONTICELLO, MN 55362 295-5119 DAHLHEIMER DISTRIBUTION GREG DAHLHEIMER PO BOX 336 MONTICELLO, MN 55362 295-3347 HOGLUND TRANSPORTATION, INC. GORDON AND JEANINE HOGLUND 118 EAST OAKWOOD DRIVE MONTICELLO, MN 55362 295-3604 11/27/91 . . . LOCAL QUESTIONS CONTINUED. Because you and your business ar important to the Monticello Industrial Development Committee (IDC), we are asking for suggestions on how we may improve ur communications with you and better serve your needs. In the past few years, the IDC has osted a Business Retention and Expansion (BRE) Breakfast which ha been fairly well attended by the industrial businesses; however, at this time we ask you to give us further direction by responding to the following questions. 1. WOULD YOU LIKE TO SEE THE BRE BREAKFAST CONTINUE? NO. IF YES, WHAT IS THE BEST TIME OF THE YEAR? SUMMER FALL WINTER. 2. SUGGESTIONS FOR THE BRE PROG S? SPRING YES WOULD ANY OF THE INFORMATION I EMS LISTED UNDER QUESTION 39 OF PAGE 12 BE OF INTEREST AS A P OGRAM? YES NO IF YES, PLEASE LIST IN ORDER F PRIORITY. 3. IN COOPERATION WITH THE ECONO IC DEVELOPMENT DIRECTOR, WOULD YOUR COMPANY BE WILLING TO OST OTHER INDUSTRIAL BUSINESS REPRESENTATIVES AND THE ID MEMBERS ON A TOUR OF YOUR FACILITY? YES NO. IN COOPERATION WITH THE ECONO IC DEVELOPMENT DIRECTOR, WOULD YOUR COMPANY BE WILLING TO H ST A LARGER GROUP SUCH AS THE CHAMBER OF COMMERCE ON A TO R OF YOUR FACILITY? YES NO. IF YES, WHAT IS THE BEST TIME OF THE YEAR? SUMMER FALL WINTER. SPRING IF YES, WHAT IS THE BEST TIME OF THE DAY? EARLY MORNING (7: 00 OR 7: 30 am) MORNlNG LUNCH- AFTER LUNCH ____ LATE AFTERNOON~30 OR 5:00 PM). 14 . . . LOCAL QUESTIONS CONTINUED. 4. ! I FOR FUTURE PLANNING, WOULD YOU CONSIDER HOSTING A TOUR OF YOUR FACILITY TO A SMALL GROUP OE INTERESTED AND SELECTED HIGH SCHOOL STUDENTS? _YES _ NO. THE OBJECTIVE WOULD BE TO ACQUAINT MONTICELLO JUNIOR AND SENIOR HIGH SCHOOL STUDENTi~ WITH CAREER OPPORTUNITIES AVAILABLE WITHIN OUR COMMUN TY AND TO ASSIST INDUSTRIAL BUSINESSES WHICH MAY HAVE DIFFICULTY IN RECRUITING OR RETAINING SEMI-SKILLED OR SKI LED POSITIONS. 5. HOW MIGHT THE IDC IMPROVE THEI R ANNUAL RECOGNITION/FUNDRASIER BANQUET? 6 . WHAT DO YOU THINK THE ROLE OF THE IDC SHOULD BE? 7. HOW MIGHT THE IDC BETTER MEET THE NEEDS OF YOUR COMPANY? 8. THE IDC MEETS ON THE THIRD THURSDAY OF EACH MONTH AT 7:00 AM IN THE CITY HALL. WOULD YOU I E INTERESTED IN SERVING ON THIS COMMITTEE AS AN INDUSTRIAL BU~ INESS REPRESENTATIVE? YES NO. FOR FURTHER INFORMATION CALL' 95-2711, OFFICE OF THE ECONOMIC DEVELOPMENT DIRECTOR. THANK YOU FOR PARTICIPATING tiN THE 1991/92 BRE SURVEY. 15 . . . GOAL: OBJECTIVE: TASKS: IDC MEMBER B E VISITS To bridge the gap the community. the industrial businesses and 1. 2. I To create a s nse of community belonging. To increase t e industrial business' awareness of IDC and co munity activities. To increase the IDC's awareness of the industrial bu iness operation and needs. To increase I C membership involvement within our organizat on. To obtain an industry I s insight as obtained from an IDC members in addition to the industry's i sight as obtained from city staff. 3. 4. 5. 1. Assign industries 0 IDC members. 2 . Periodical calls, assigned business at Perkins or lunc the IDC). visits, or a tour of your uring the year. (Maybe coffee at the River Inn, reimbursed by 3. Promote, invite, nd accompany assigned business representative to the BRE Breakfast, the IDC Banquet, and other IDC functions. 4. Encourage, invi t, and/or accompany assigned business represent tive to a Chamber meeting or as appropriate, a Rot ry or other commmunity meeting. 5. Every other month the IDC Agenda will include a report of findings or information as the result of your networking. 6. Some structured qu stions will be made available to IDC members as Ie d-in questions which will serve beneficial to the DC. 7. IDC members may wo k individually or in pairs if so desired. "---- . . . 1992 PROPOSED IDC ASSIGN D INDUSTRIAL BUSINESS SHELLEY JOHNSON I JACK PEA H, FULFILLMENT SYSTEMS, INC. KEN MAUS 1'- 'A '{ 'vv\ 0'<'''' .. \ t DAN JACK ON, FINGERHUT CORPORATION ED JONES JONES MANUFACTURING HARVEY KENDALL RON HOGLUND ANDY AND RSON, RAINBOW ENTERPRISES BOB MCGI LIC, NSP TRAINING CENTER RICHARD ARTIE, AME READY MIX LOWELL SCHRUPP RICK CtO , CLOW STAMPING JOHN MCVAY DAVE PETERSON JOHN BOND US, BONDHUS CORPORATION STEVE LE ME, THE H-WINDOW COMPANY \<..~ Y\, \f't\ ~c s GREG TO lAS, AUTOMATIC GARAGE DOOR COMPANY DENNIS TAYLOR DON SMITH JERRY AND ABK, INC. COURTNEY LLEN, SUNNY FRESH FOODS, INC. TOM POGATCHNIK DALE LUNGWITZ NY, NSP NUCLEAR PLANT RAY SCHMIDT, THE TIRE SERVICE EQUIPMENT MANUFACTU ING COMPANY, INC. LINDA MIELKE WILLIAM A D BARB TAPPER, TAPPER'S INC. d.b.a. GENEREUX FINE WOOD PRODUCTS/ ESTLUND DISTRIBUTION ARVE GRIMSMO CANDY BENIOT JOE LAVAL E, REMMELE ENGINEERING PLANT 20 BOB RIERSON, BRIDGE WATER TELEPHONE COMPANY MARY MICKE WILLIAM ND MERRILYN SEEFELDT, ELECTRO INDUSTRIE /MEGA PRODUCTS CYNDIE JOHNSON BOB CLARK NSP SERVICE CENTER OLLIE KOROPCHAK ARLAN WIL IE, SMA ELEVATOR CONSTRUCTION JAY MORRE L, M & P TRANSPORTS, INC. WAYNE HOG UND, HOGLUND BUS COMPANY, INC. GREG DAHL EIMER, DAHLHEIMER DISTRIBUTION GORDON A D JEANINE HOGLUND, HOGLUND TRANSPORT TION, INC. AND ALL 0 HERS. mm.. I _. , ~ . MONTICELLO INDUSTRIAL EVELOPMENT COMMITTEE YEAR END FINANC AL COMPARISON MARCH 19 7 MARCH 1988 JANUARY 1989 WRIGHT COUNTY STATE BANK CHECKING ACCOUNT $ 159. $ 284.88 $ 314.05 WRIGHT COUNTY STATE BANK MONEY MARKET $ 3,560. $ 5,702.96 $16,296.97 SECURITY FINANCIAL MONEY MARKET $ 3,366. $ 3,534.60 $ 3,693.86 YEARS TOTAL BALANCE $ 7,086. $ 9,522.44 $20,304.88 DECEMBER 1989 DECEMBER 1990 NOVEMBER 1991 WRIGHT COUNTY STATE BANK CHECKING ACCOUNT $ 24. $ 86.15 CLOSED WRIGHT COUNTY STATE BANK MONEY MARKET $ 7,957. $ 6,104.95 $ 6,237.40 SECURITY FINANICAL MONEY MARKET $ $ 4,082.51 $ 3,030.10 4ItEARS TOTAL BALANCE $10,273.61 $ 9,267.50 . ,. " . 199 MONTICELLO INDUSTRIAL EVELOPMENT COMMITTEE PROPOSED ,BUDGET 1990 ACTUAL 1991 PRO OSED 1991 ACTUAL 1992 PROPOSED BALANCE $11,903.80 $10,273. 1 $10,273.61 $ 9,267.50 REVENUE: Banquet $ 6,650.00 $ 7,000. $ 7,000.00 $ 8,000.00 300.00(89) 75. 75.00(90) City Contrib $ 5,400.00(89) $ 5,650. $ 5,650.00(90) $ 5,950.00(91) Chamber Contr $ 2,800.00(89) $ 2,800. $ 2,800.00(90) $ 2,800.00(91) Interest $ 373.28 $ 400. $ 374.67 $ 400.00 Video Contr $ 3,425.00 TOTAL REVENUE $27,427.08 1 $29,598.28 $26,417.50 EXPENDITURES: Salary $13,719.87(89) $13,215. $13,215.96(90) $14,576.69(91) Banquet $ 2,370.32 $ 2,000. $ 1,989.72 $ 2,250.00 Appraisal $ 400.00 $ 0 $ 0 0 Travel Exp $ 20.00 $ 200.' $ 0 0 Prospects S 310.34 $ 500. S 160.70 S 500.00 . Membership $ 95.00 $ 200. $ 95.00 $ 95.00 Seminars $ 0 $ 250. $ 0 0 Marketing Pro $ 0 $ 1,000. $ 4,700.00 $ 1,500.00 BRE $ 160.00 $ 500. 0 $ 169.40 $ 500.00 MISCELLANEOUS $ 72.35 $ 1,000.00 $ 0 $ 1,000.00 Service Chg $ 5.00 25. 0 $ 0 0 TOTAL EXPEND $17,152.88 $18,890. 6 $20,330.78 $20,421.69 BALANCE $10,273.61 $ 7,307.65 $ 9,267.50 $ 5,995.81 . i III , .' ~ ~ , ~ MONTICELLO 250 East Broadway P. O. Box 1147 Monticello, MN 55362-9245 Phone: (612) 295-2711 Metro: (612) 333-5739 Fax:. (612) 295-4404 Senator Betty Adkins 1655 Kadler Avenue Northeast St. Michael, MN 55376 Dear Senator Adkins and Family: December 6, 1991 On behalf of the Monticello Industria Development committee and myself, I wish to express our deepest sympath to you and your family on the loss of Susan and Ryan. It becomes diffic It at times for the human mind to understand such losses, but somehow a d somewhere in time we're able to accept and within our hearts we cheri h the good times and the memories. . May the Spirit of peace be with your family. Respectfully, CITY OF MONTICELLO ($).90 . .Q.; ~~~ ~~ Ollie Koropchak Economic Development Director .