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IDC Minutes 05-18-2000MINUTES MONTICELLO INDUSTRIAL DEVELOPMENT COMMITTEE Thursday, May 18, 2000 - 7:00 a.m. City Hall - 505 Walnut Street -Academy Room MEMBERS PRESENT: Chair Tom Ollig, Vice Chair Kevin Doty, Shelly Johnson, Don Smith, Tom Lindquist, Bill Tapper, Bob Mosford, Don Roberts, Mike Benedetto, and Dan Carlson. MEMBERS ABSENT: Dick Van Allen and Jim Amundson. COUNCIL LIAISON ABSENT: Mayor Roger Belsaas. STAFF PRESENT: Rick Wolfsteller, Jeff O'Neill and Ollie Koropchak. Call to Order. Chair Ollig called the IDC meeting to order at 7:00 a.m. 2. Consideration to approve the Apri120, 2000 IDC minutes. Shelly Johnson made a motion to approve the Apri120, 2000 IDC minutes. Seconded by Dan Carlson and with no correction or additions, the minutes were approved as written. 3. Consideration of updates: a) Mayor Belsaas - Ma ore's report. No report. b) Koropchak -Prospect and BRE. See Attachment A. c) Smith, Ollig, or Van Allen - Marketing. Ollig reported Van Allen, Koropchak, and he met relative to plans for the Mayor's Bus Tour and Golf Outing, June 14. Koropchak submitted a copy of the invitation mailed to some 92 developers, contractors, real estate agents, and consultants. 4. Continued -Consideration of an uvdate on the progress to actively pursue acauisition of land for future industrial use. a) Grading, Studv for Chadwick parcel. Couple of questions: Does the deal hinge on the timing of the gravel removal? What is the timing and amount of land available for development? Amount of contiguous acres? These are some unanswered questions. Twenty acres of the 185 acres abutting the Bondhus Addition is zoned residential. Neighborhood meeting hasn't been scheduled. b) Draft copy of Swap Agreement between City and Chadwick parcel. With the above questions yet under discussion, it appeared premature to submit the preliminary draft copy of the swap agreement to the City Attorney for review. • IDC Minutes - 5/18/00 c) Planning Commission Update of May 2 relative to Gold Nug~parcel. O'Neill reported the Planning Commission elected not to further explore land use options, in hold or in part, relative to the Gold Nugget site as recommended by the IDC. O'Neill felt the Commission decision was based on the pending law suit. Looking from a point of view of global, the future, and large users, the IDC requested the Planning Commission revisit the topic: If not the Gold Nugget parcel for industrial use, then where? Another IDC member summarized other topics as it relates to the Gold Nugget discussion: Interchange improvements at Hwy 25 and I-94 and potential construction of future Orchard Road and I-94 interchange, Gold Nugget law suit not going away fast, and two parcels (Bohanon and Gold Nugget) suggested for industrial use by the IDC difference from that of the two jurisdictions. d) Uydate on Chelsea Road West Development. Bid opening for signalization and Chelsea Road West scheduled for this Friday. All adjoining property owners onboard and road completion expected in August. 5. Consideration to hear a presentation by IDC Member Don Roberts: As a member of the site selection team, Don will share his exQeriences and insight. Don Roberts shared with IDC members his experience as a member of the Cargill Team who conducted a site analysis search for a proposed Sunny Fresh expansion. Currently • Sunny Fresh has facilities in Minnesota, Michigan, and Iowa. The search was conducted about six months ago. The company identified the importance of being near their ingredient "the egg" which ultimately meant close to the corn belt. Additional items of importance: Distribution, water/sewer capacity (being a wet industry the company requires 50,000 gallons of water per day), land available fora 50,000 sq ft facility plus circulation (15 acres) with competitive utility providers, and not next to heavy industrial user. Sunny Fresh as a food industry wanted a clean look and image. The State of Iowa is extremely aggressive with agricultural businesses with offerings of state and local incentives. Sunny Fresh narrowed their selection to three communities and then turned to the communities. Sunny Fresh expects to create 40 new jobs for an investment of 8 million dollars in a community. The field was narrowed to Fort Dodge, Nebraska and Mason City, Iowa. Sunny Fresh selected Mason City, Iowa. Land price between $25,000- $35,000, electric/gas non-negotiable, water/sewer rates locked for five years. In Fort Dodge, the Nebraska Electric provider offered a reduction in rates. Both communities were extremely receptive and operate as a private non-profit corporation which holds and owns land. Fifteen/twenty community leaders and contractors represent the corporation. The union town stigma still remains in Fort Dodge who offered a three million dollar incentive package. Mason City offered a two million dollar incentive package and a higher quality of life. The labor (unemployment rate is less than 3%): however, the incentive package included a $200,000 education grant for training of skilled • - IDC Minutes - 5/18/00 workers at a community college. Additionally, the City offered TIF $700,000; a $350,000 loan from the corporation, and a $500,000 interest free loan from the state. With his experience behind him, Roberts sees City of Monticello as a great community located along I-94. However, he felt the unanswered question remains: What does Monticello want to be? Members thanked Roberts for sharing his experience. 6. Other Business. Members inquired as to the purpose of the grading along Chelsea Road in the Monticello Commerce Center. Other than for site prep and drainage purpose, staffwas unaware. 7. Adjournment. Next IDC meeting, June 15, 2000 and tour of Tire Service Mfg_ Equipment. The IDC meeting adjourned at 8:10 a.m. and the committee toured Rainbow Enterprises. C ~.-2~ `~ c~1 o C' ~ ~~~ Ollie Koropchak, Recorder U •