HRA Minutes 09-27-1993
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BRA MINUTES
SEPTEMBER 27, 1993
MINUTES
MONTICELLO HOUSING AND REDEVELOPMENT AUTHORITY
Monday, September 27, 1993 ~ 5:00 p.m.
City Hall Council Chambers
MEMBERS PRESENT:
Chairperson Al Larson, Vice Chairperson Ben
Smith, and Lowell Schrupp.
MEMBERS ABSENT:
Everette Ellison and Tom St. Hilaire.
STAFF PRESENT:
Ollie Koropchak.
STAFF ABSENT:
Rick Wolfsteller and Jeff O'Neill.
1. CALL TO ORDER.
Chairperson Larson called the HRA meeting to order at 5:00
p.m.
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CONSIDERATION TO APPROVE THE SEPTEMBER 8, 1993 HRA MINUTES.
Lowell Schrupp made a motion to approve the September 8, 1993
liRA minutes. Seconded by Ben Smith and with no corrections or
additions, the minutes were approved as written.
3.
PUBLIC HEARING FOR AND CONSIDERATION TO ADOPT A RESOLUTION FOR
THE ACQUISITION AND DISPOSITION OF RAW LANDS DESCRIBED AS LOTS
7 AND 8, BLOCK 2, OAKWOOD INDUSTRIAL PARK.
Chairperson Larson opened the public hearing for the
acquisition and disposition of raw lands described as Lots 7
and 8, Block 2, Oakwood Industrial Park. Koropchak noted that
the hearing notice appeared in the local newspaper satifying
Statutory requirements. The Private Redevelopment Contract
between the Demeules Family Limited Partnershp and the HRA has
been verbally agreed upon by both parties and will be executed
following the said public hearing and prior to City Council.
The real estate finance closing is scheduled for tomorrow and
the Ground-breaking Reception scheduled for Friday, October 1.
The resolution for adoption states that the acquisition and
disposition of the raw lands is in the best interest of the
public because the Standard Iron project will discourage
commerce, or manufacturing from moving their operations to
another state; will result in increased employment within the
state; and will result in preservation and enhancement of the
tax base of the state.
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HRA MINUTES
SEPTEMBER 27, 1993
With no comments or questions from the general public,
Chairperson Larson closed the public hearing. Ben Smith made
a motion to adopt the resolution authorizing the acquisition
and disposition of raw lands described as Lots 7 and 8, Block
2, Oakwood Industrial Park, to the Demeules Family Limited
Partnership. Lowell Schrupp seconded the motion and with no
further discussion, the motion passed unanimously.
4. CONSIDERATION OF PROJECT UPDATES:
a) Standard Iron - The Ci ty Council will hold a public
hearing and consider adoption of a resolution for the
establishment of TIF District No. 1--13 at the Council
meeting this evening. Mr. Lenny Kirscht and Koropchak
appeared before the Wright County Commission on Tuesday
requesting the County be the applicant for State Funding
to assist Standard Iron. The County accepted the request
and will submit a $250,000 equipment application.
b)
H-Window - The Private Redevelopment Contract between the
H~Window and the HRA has been executed and the site is
under preparation. The City Council will hold a public
hearing and consider adoption of a resolution for State
Funding to assist the H-Window Company. The requested
amount is $400,000 equipment grant/loan. Part II of the
application will be submitted to the State on October 15,
1993.
5. OTHER BUSINESS.
None.
6. ADJOURNMENT.
The HRA meeting adjourned at 5:15 p.m.
O~ '(:cA'-b8~
Ollie Koropchak, HRA Executive Director
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