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IDC Minutes 12-16-1993MINUTES MONTICELLO INDUSTRIAL DEVELOPMENT COMMITTEE • Thursday, December 16, 1993 - 7:00 a.m. City Hall MEMBERS PRESENT: Chairperson John McVay, Vice Chairperson Kevin Doty, Treasurer Ron Haglund, Shelley Johnson, Don Smith, Lowell Schrupp, Arve Grimsmo, Jay Morrell, Ken Maus, Dennis Taylor, and Mary Micke. MEMBERS ABSENT: Harvey Kendall, Dave Peterson, Linda Mielke, Tom Lindquist, Steven Lemme, Merrlyn Seefeldt, Cyndie Johnson, and Dr. Glenn Nemec. STAFF PRESENT: Rick Wolfsteller, Jeff O'Neill, and Ollie Koropchak. CALL TO ORDER. Chairperson McVay called the IDC meeting to order at 7:08 a.m. 2. CONSIDERATION TO APPROVE THE NOVEMBER 18, 1993 IDC MINUTES. Mary Micke made a motion to approve the November 18, 1993 IDC minutes. Seconded by Ron Hoglund and with no corrections or . additions, the minutes were approved as written. 3. CONSIDERATION TO HEAR AND ACCEPT THE MONTHLY FINANCIAL REPORT. Treasurer Hoglund reported balances at Marquette Bank of $10,306.19 and at Metropolitan Federal of $1,899.11 for a total balance of $12,205.30. Arve Grimsmo made a motion to accept the monthly financial report as given. Seconded by Kevin Doty and with no corrections or additions, the report was accepted and filed. Koropchak reported the total revenue received from the banquet was $8,600 for a net profit of $6,244.13. 4. CONSIDERATION OF PROSPECTS: a) Steinwall, Inc. - The Monticello financial proposal was prepared and received by Maureen Steinwall. The company has not made a site selection. The Monticello Prospect Team is scheduled to tour the Steinwall Fridley facility on Monday, January 17, 1994 at 10:00 a.m. Koropchak will mail a letter of confirmation to those attending. Additionally, Koropchak encouraged IDC members to contact Ms. Steinwall. b) Berns, Inc. - Mike Berns cancelled his visit to Monticello which was scheduled for December 2. Koropchak • Page 1 IDC MINUTES DECEMBER 16, 1993 ~J has been unable to make contact with him to reschedule the visit. c) Polycast, Inc. - Koropchak met with Roy Schulz and his son on November 23. Company plans are not to expand in Annandale because of no available land. Lot 3, Block 3, OIP, Monticello, will become available after January 1, 1994 at an asking price of $14,000 per acre. The Letter of Intent, $5,000 check, and copy of a purchase agreement were explained as necessary prior to HRA authorization to establish a TIF District. Additonally, the contexts of the Redevelopment Contract and the need for a letter of credit in the amount of the estimated annual property tax was explained. Thereafter, Koropchak spoke with the Annandale City Administrator who acknowledged if the company was going to lead Annandale he' d prefer they stay in Wright County. d) Clow Stamping, Inc. - In an effort to find 28,000 sq ft of leasing space for a metro industrial company, Koropchak contacted Rick Clow. In order to increase the company's efficiency, the company plans to move the distribution warehouse to Merrfield in 1995. The company is unable to sell the Monticello facility until 1995 because of an Industrial Revenue Bond clause. e) Dungannon/Monticello Connection - Enclosed with the • agenda was a copy of the letter faxed to the Dungannon District Council which is similiar to the Monticello City Council. The letter outlined a suggested itinerary and dates. At this time Koropchak has heard no response. Don Smith reported that the City of Dungannon had a population of approximately 25,000 to 30,000 and covered a much larger area than Monticello. It is assumed that the visiting guests will not necessarily be Rotarians nor do we know how many plan to visit Monticello. Their objective is economic development which includes the opportunity to visit local industrial businesses. f) Advanced Food Sciences, Inc. - Koropchak received a telephone call from Mr. Peter Lytle on Tuesday stating that Monticello was cut from the site selection list because Monticello's proposal letter requested corporate guarantees and he thought maybe Monticello misunderstood Advanced Food's financial request. Because he and Mr. Devine liked the community of Monticello, they were willing to give Monticello a second chance. Rick Wolfsteller agreed with BDS, Inc., unless corporate guarantees were provided indicating company committment, the City of Monticello should not ask tax payers to risk $15 million for research and development project or build/lease a specialized 21,000 sq ft building with an • Page 2 IDC MINUTES DECEMBER 16, 1993 • estimated assessed value of $40 per square foot compared to estimated construction costs of $140 per square foot. Koropchak asked for input from the IDC members. With no comment , i t i s assumed the IDC affirmed BDS , Inc . and Mr . Wolfsteller's position. g) Pampered Pets, Inc. - All construction permits have been issued by the building official. Koropchak has had no communication with Nancy Volin since the banquet. BRE UPDATES: a) Genereux Fine Wood Products, Inc. - Mr. Tapper anticipates a 19,000 sq ft manufacturing expansion in 1994. Increased property taxes have been estimated and presented to Mr. Tapper for potential additional TIF assistance. b) ABK, Inc. - Minnesota Technology, Inc. has assisted ABK with preparation of a business plan and Mr. Andrusko has inquired about the availablity of loan funds from the City. The company needs financing assistance for replacement equipment totaling $40,000. This to increase efficiency, be competitive, and fill drapery orders. The company hopes to construct a facility upon expiration of their lease agreement in 1995. c) Sunny Fresh Foods, Inc. - Jeff O'Neill reported that • Burlington Northern granted Sunny Fresh the right to use the Fifth Street right-of-way and Sunny Fresh anticipates a 1994 building expansion. Although building configurations have not been formalized, preliminary plans include construction of loading docks which could potentially re-route traffic away from Fourth Street. Don Smith added with the company's increased growth and employment, Cargill officials have authorized the dollars; however, debate still exists on "how best to utilize the authorized dollars". d) Standard Iron and Wire Works, Inc. - Enclosed with the agenda was a copy of the letter from the Minnesota Department of Trade and Economic Development awarding the $250,000 grant to Wright County for the Monticello project. The county will loan the grant dollars to Standard Iron at a 6A; interest rate over ten years with a balloon payment in year seven. Koropchak reported that a verbal award committment has been received from the Central Minnesota Initiative Fund for the $100,000 loan request. e) H-Window Company - Koropchak reported according to Mr. Lemme, the H-Window Company will satisfy the State's additional requested requirements for final application submittal this week. The City of Monticello's $400,000 grant request to the State is for H-Window equipment. • Page 3 IDC MINUTES DECEMBER 16, 1993 • Building construction continues with the second-floor office expansion being erected this week. f) Lake Tool, Inc. - Koropchak reported that Eric Bondhus and his brothers now occupy the Oakwood Drive facility which they purchased last year and anticipate marketing their Minneapolis facility in early 1994. g) Tire Service Equipment Company - Koropchak reported on a conversation with Ray Schmidt. Mr. Schmidt indicated the company was in the process of acquiring another out-of- state business and that Tire Service has diversified their product-line to include the production of automobile service equipment such as tire jacks, etc. Additionally, he expressed the need for rental space and the potential to expand their facility in the near future. Koropchak asked for BRE reports from IDC members. There being none, the meeting continued. 5. CONSIDERATION TO REVIEW IDC YEAR-END MEMBERSHIP TERMS. Enclosed with the agenda was a copy of the IDC Length of Membership Terms Guideline intended to serve as a reminder for • members. Koropchak reminded members this was established as a polite-way for IDC members to resign if so desired and was not intended to encourage resignation. General IDC membership size is not-to-exceed 16 to 18 individuals. Lowell Schrupp expressed the likelihood of resigning and Ron Haglund indicated he would be filling the IDC membership as Chamber Vice-President; therefore, two seats may be available. Two potential replacements suggested were Jim Fleming, an attorney, and Charlie Pheffer, an industrial land developer. Membership will be considered at the January meeting. Additionally, IDC members were reminded "In order to make a positive contribution to the committee, an annual meeting attendance of 75~ is expected." Koropchak congratulated Ken Maus and Ron Hoglund for 100%K attendance at the eleven 1993 IDC meetings. 6. CONSIDERATION OF PROJECT UPDATES: a) Dunwoody Institute Tour - IDC members indicating an interest to attend the January 13 tour included Don Smith and John McVay. Those unable to attend were Ken Maus, Ron Hoglund, and Lowell Schrupp. b) Star City Recertification - As per the enclosed letter from the Department of Trade and Economic Development, no formal Star City Re-certification is required. However, • Page 4 IDC MINUTES DECEMBER 16, 1993 • • the 1993 Work Plan will be assessed, 1994 Goals and Objectives will be written, and a 1994 Budget will be proposed for IDC adoption in January. c) Economic Development Partnership of Wright County, Inc. - Ken Maus informed the IDC of the City Council's discussion on the merit of the county program as it relates to the City of Monticello. The council approved membership on a 3-2 vote based on the assumption of an annual $500 membership contribution from the IDC. Councilmember Fyle's concern was the unequal municipal membership fee. Koropchak will serve on the Board of Directors and the Code of Ethics Committee. Mayor Maus suggested Koropchak consider a one-year board term to prevent any potential conflict-of-interest. d) Quad County Development Network - The Quad County group will meet in Monticello on January 26, 10:00 a.m. at City Hall. At the November meeting in Howard Lake, the group finalized the "blue-print" report for submittal to the State. e) Metro Phones - Koropchak reported that proposed metro phone rate additives were submitted to the Public Utilities Commission (PUC) last week. The proposed rate additives for R-1 is $23.15 and for B-1 is $35.78. One twist according to David Sharp, PUC, whether to endorse the proposed rate additives because of the estimated 6.3 simulation level used to determine the proposed rate additive. For the approved Waconia rate, the simulation level used was 7 and in a recent survey the average metro useage was only 2 to 4. The lower the simulation level used the lower the proposed rate additive. The PUC will consider a reduction in rate additives after a metro phone balloting has been approved, upon request. f) Alexandria-Anoka/Hennepin Technical Schools - In a discussion with Frank Starke, President of Alex Tech, the process continues in the development of flex-lab training center in Monticello. In order to market the program and course of study, one of Mr. Starke's marketing plans include a February complementary breakfast with industrial businesses, IDC members, and Chamber Board members. IDC members were asked if they would be interested in co-sponsoring the breakfast at no cost to the IDC. IDC members were willing to co-sponsor the breakfast, only, at no cost. 7. OTHER BUSINESS. a) Chamber President Micke reminded the IDC that no Chamber meeting is scheduled for today and the Annual Banquet is scheduled for Tuesday, January 25, at the Riverwood Page 5 IDC MINUTES DECEMBER 16, 1993 • Conference Center. "Business of the Year" will be announced. b) Chairperson McVay reported a few IDC members have indicated the 7:00 a.m. starting time was too early and suggested the IDC try convening at 7:30 a.m. Additionally, it was suggested to condense the prospect update by adding to the agenda a one-line supplement update where appropriate; therebye, allowing more time for other discussion. In order to improve attendance and to establish a quorm, the IDC agreed to convene at 7:30 a.m. beginning with the January meeting. c) Koropchak informed members that the Council authorized OSM and RCM to begin a facility plan study for the Wastewater Treatment Plant. The study will include optional site locations. Chairperson McVay noted the potential need for two in-takes and two out-takes as a result of increased muscle-shell in the Mississippi River. Jay Morrell inquired about the existence of the once industrial storm sewer managment plan to drain lands to the wetland pond west of South Highway 25 and south of the Glass Hut. Because the property is privately-owned, the water-level cannot be raised according to State or Federal regulations. d) Koropchak reported Christmas greetings were mailed to • industries and banquet supporters on behalf of the IDC. Also, a card was mailed to Senator Betty Adkins. 8. ADJOURNMENT. The IDC meeting adjourned at 8:15 a.m. A reception followed honoring Lowell Schrupp for his 12 years of volunteer service as a Housing and Redevelopment Authority Commissioner. ~9.~ \~~ Ollie Koropchak, IDC ~~ cutive Director Page 6