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IDC Agenda 12-00-1996• T. J. Martin, Inc. (Lake Tool, Inc.) 9,000 sq ft, 5 jobs at a minimum of $40,000 per acre. January construction. Potential expansion projects: Fay-Mar Fabricators -March construction, 18,000 sq ft manufacturing space, 15-25 additional new jobs within 2 years. Midwest Graphics -plans Aroplax - 11,000 sq ft metal or 16,000 sq ft tip-up panel, 6-10 additional jobs, spring. Potential new projects: 6,000 sq ft office, warehouse incubator building, 4 bays, spring construction. Inquiries: 93,500 sq ft manufacturing company, 65 jobs, occupy in 2000. 50,000-80,000 sq ft adult/youth indoor sports facility. Large format printer, lease or purchase existing 30,000-40,000 sq ft. 29 jobs current, 50 jobs in two years. • • MONTICELLO INDUSTRIAL DEVELOPMENT COMMITTEE 1996 YEAR END FINANCIAL REPORT Marquette Bank, N.A. December 31, 1996 BALANCE, January 31, 1996 REVENUE: Banquet '95 $ 75.00 3-12-96 Banquet '95 $ 1,000.00 4-10-96 (Marquette Bank) SUBTOTAL REVENUE $ 1,075.00 INTEREST: February, 1996 $ 26.92 March, 1996 $ 20.75 April, 1996 $ 20.69 May, 1996 $ 23.19 June, 1996 $ 22.49 July through December,l996 $ 57.77 SUBTOTAL INTEREST $ 171.81 • TOTAL REVENUE & INTEREST EXPENDITURE: City of Monticello 2-14-96, #602 EDAM Dues 3-8-96, #603 City of Monticello 3-11-96, #604 Loch Jewelers 4-18-96, #605 Riverwood (Breakfast) 4-23-96, #606 City of Monticello 7-17-96, #607 Chamber of Commerce 12-10-96, Acct CLOSED SUBTOTAL EXPENDITURE SERVICE CHARGE: $ 1,500.00 (95) $ 150.00 $ 2,000.00 (96) $ 43.55 $ 272.44 $ 4,500.00 $ 5,667.19 $14,133.18 TOTAL EXPENDITURE & SER CHG BALANCE, December 31, 1996 $ 1,246.81 $14,133.18 $12,886.37 $14,133.18 0 • MONTICELLO INDUSTRIAL DEVELOPMENT COMMITTEE 1996 YEAR END FINANCIAL REPORT First Bank December 31, 1996 BALANCE, January 31, 1996 REVENUE: SUBTOTAL REVENUE $ 0 INTEREST: February, 1996 $ March, 1996 $ April, 1996 $ May, 1996 $ June, 1996 $ July through $ December, 1996 SUBTOTAL INTEREST $ TOTAL REVENUE & INTEREST . EXPENDITURE: Chamber of Commerce 12-10-96, Acct CLOSED SUBTOTAL EXPENDITURE TOTAL EXPENDITURE $ 3,993.11 7.34 7.79 7.56 7.82 7.59 41.47 79.57 79.57 $ 4,072.68 $ 4,072.68 BALANCE, December 31, 1996 $ 4,072.68 TOTAL TRANSFER TO CHAMBER OF COMMENCE - IDC 12-10-96 $ 4,072.68 0 $ 9,739.87 • • Saturday, November 23, 1996 250 East Broadway Monticello, MN 55362-9245 Ollie Koropchak Monticello Economic Development Dear Ollie: ~~ ooo~ ~~~o ~~NCE LIpF~ ~O~ ~~~0 ENNY o ~ MITH o s y Just a note to thank you for inviting me to speak at your IDC/Chamber banquet. I really enjoyed the evening and hope everyone got something both useful and uplifting from the talk. I also enjoyed getting to know you during our planning sessions. You are a very professional and well organized person. I appreciate your help in making my job easy as a speaker. Happy holidays. Keep in touch and thanks again. ' cerely, Dennis S ' h Dennis Smith Training & Development P.O. Box 1611 St. Cloud, MN 56302.1611 St. Cloud (320) 259.4020 Minneapolis (612) 333.4020 ,7 ADVANTAGE MINNESOTA, INC. 1610 MINNESOTA WORT.D TRADE CENTER 30 EAST SEVENTH STRF.F.T SAINT PADL, MiNNF.SOTA 55101 USA January 2, 1997 Ollie Koropchak City of Monticello 250 East Broadway P.O. Box 1147 Monticello, MN 55362 Dear Ollie: TELEPHONE: (612)224-9901 FAx:(612)224-9855 INTERNET: advmn~dted.state.mn.us Thank you for your assistance in gathering necessary information for Prospect #2741. The timing of this project wasn't as I would have wished, which made your help all the more meaningful. I'll keep you posted on any significant developments related to this project. Candidate states will be narrowed from eleven to four this month. • Again, Ollie, thank you. Warm Regards, Jim Roche Vice President ~= 7~ l~/ eo/Z I • Providing business expansion services to growing companies