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IDC Agenda 07-17-1997• AGENDA MONTICELLO INDUSTRIAL DEVELOPMENT COMMITTEE Thursday, July 17,1997 - 7:00 a.m. City Hall MEMBERS: Chair Ken Maus, Vice Chair Tom Lindquist, Secretary Tom Ollig, Shelly Johson, Jay Morrell, Don Smith, Kevin Doty, Bill Tapper, Dick Van Allen, and Grace Pederson. COUNCIL LIAISON: Mayor Bill Fair STAFF: Rick Wolfsteller, Jeff O'Neill, and Ollie Koropchak. GUESTS: Bill Fahrney, Shingobee, Inc. 1. CALL TO ORDER. 2. CONSIDERATION TO APPROVE THE JUNE 19, 1997 IDC MINUTES. 3. ACKNOWLEDGMENT OF GUEST. 4. CONSIDERATION ON A SUBCOMMITTEE UPDATE RELATING TO THE • PROPOSED WORKSHOP BETWEEN THE CITY COUNCIL, STAFF, AND IDC. 5. CONSIDERATION OF AN UPDATE ON BUSINESS EXPANSION AND PROSPECT PROJECTS. (ALSO STORM DAMAGE) 6. CONSIDERATION TO CONFIRM THE DATE AND SPEAKER OF THE IDC FUNDRAISER BANQUET. 7. OTHER BUSINESS. 8. ADJOURNMENT. • • CE. affordable space. We have ;, interior if to handle all pet, we can help ~y to ensure a ent. oday ~w yo~• menu, Inc. 3 sues ~y ,f 64. We'll bill you. at ~ Business FAxx inne~'s, Minnesota 55402 • an o s: _,. a o s ae . 35 companies have brought 1,400 jobs.. director for Anoka. By Jennifer Ehrlich In terms of city revenues, the new busi- Staff reporcer The machinists at Wilted a the C hstal overa11h10 percentedorh $2 mllionb The been packed in like sardines rY shop for too long,. and Al Olsen, the comtplaie about one third of Anoka's tax brief ai'e taxi ny's president, said they're welcoming move to the new building. the company is exempt organizations, Kirchner said. building in Anoka. ; ~ "It was efficient development and will A key factor in Wiltec's decision to relo- pay back in the short term for us -for the cate to Anoka in particulaz is the city's pow- companies the land Pafor thep fmancing,e erful incentives package that has made the land acts as equity . city a formidable competitor in the metro- ~ I Au sand 1994, Lund Industries Inc. was area battle. to recruit or hold .onto industrial the first.to bbreak ground under Anoka's new businesses ,; What Anoka has to offer is free land. In incentives, building its 228,000-square-foot 1994, the city decided it needed to expand headOge~~e tnext two yeazs, First Team its tax base and create more jobs, and it start- ~ Inc. built a 200,000-squaze-foot plant ed buying'up land and offering it free of Spo chazge to companies that fit within its devel- Wtec Industrie mall~rh c~ a ploys 25 peon gpment parameters. , . le - filled u the industrial park in 10,000- "It's that money up front that makes it a p P 000-square-foot pazcels of land. •little more attractive than other incentives," to In terms of the impact of the commuters said Olsen. `"I'ax reduction over 15 yeazs, that's nice too, but the land kind of pushed , p ob~n P sP~ a° i ~many~ another lboorning us over the hump. Since then the strategy. has paid off for suburbs dealing with affordable housing and the city. As of three years ago, Anoka was sch~ hner said Anoka's public schools aze home base to only eight industrial compa- nies. 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U ~ y ~ ~~~ y.n i go.~ ~~ .~~ >~ v. ; y~y. ,d~~ o ;v ~~~b~~~ .~ ~ a ~ H ~~~~~A°~ a~~~ o ~~ ., a .C y '~ c a,a~iU ~~ '7 0 .~ ~ v~ a~i .d ~0~~3~~ ~ ~ww~ ° ayi ~~ N F- QV o~ H Z= a •~ o ~ O "G ..`~., 'L °~~ ~~~ j "° U Q ro ~ ~ b ~ o y cd U y u. •~ '~ w O ¢ '~ 0 V~ ~~~ '03/97 C] 18:57 To:Ollie Koropchak From: Jean Cannefax U V E L O P T S Page 1/1 ~NNLSUI' ~^ZYade & - l.:l~.On01~C Jul 3, 1997 Development y Foley Lands Lehmann Farms Plant Slated First for ~seonsin A groundbreaking was held June 17 in Foley, Minnesota, the county seat of Benton County, to announce the new location for Lehmann Farms, a specialty food processing, packaging and distribution company. Lehmann produces many items that are on the shelves of Minnesota stores and around the country. Currently housed in an old Tonka Toys Building ~hich the city is planning to raze, the company was courted by New Riohmond, Wisoonsin, whioh offered various attractive incentives. To counteract the potential loss of this viable business, Jay Novak, Commissioner of the Minnesota Department of Trade and Economic Development, acted to fmd a suitable new city site and financial incentive package to keep Lehmann as an enterprise in the state. Novak and DTED business staff quickly processed a Minnesota Investment Fund application for the City of Foley, which was extremely interested in bringing the company to its community in central Minnesota. Lehmann spokesperson and CFO Dick Dorale and DTED Business Development and Finance Director Mark Lofthus indicated that, early on, there was only a "five percent chance" that the company would remain in the state. Following DTED's aggressive strategy to retain the firm, however, this likelihood turned around markedly in Minnesota's favor. r 1 The total assistance of $1,225,000 from local, state, Industrial Revenue bonds and private sources will allow Lehmann to finance a new building, new equipment and machinery in the move to Foley. "The City of Foley and DTED staff were very aggressive and positive," explained Lofthus. "We also added the creative, human element to the equation that helped to convince Lehmann to stay and expand in Minnesota. " Steve Sussman and Carol Pressley-Olson did an outstanding job in putting together the effort on behalf of the state," he added. "We were delighted to see that Lehmann chose Foley after ail exhaustive searoh prooess that oame down to the City of Foley versus another out-of--state location," said Commissioner Novak. "In the end, it was the effectiveness of local officials ui putting together a financial package that was acceptable to all parties, as well as the firm's satisfaction that a sizeable, productive labor force exists in the Foley area." "Tell Us About Your Posrtive Developments" "Positive Developments" is an occasional newsletter faxed to people interested in Minnesota's economic development. It highlights many of the exciting, new projects that are croating jobs, investment and an improved tax base in the state. If you have such a project you would like to see receive statewide attention, send it to us for distribution through the network. Call, write or fax to: Mark Lofthus, DTED Office of Business Development and Finance, at 612/297-4567, 1-500-657- 3858 or Fax 612/296-5287. Address: 500 Metro Square, 121 7th Place East, St. Paul, MN 55101-2146. ~~~