IDC Minutes 11-15-1990
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MINUTES
MONTICELLO INDUSTRIAL DE
Thursday. November 15
City Hal
ELOPMENT COMMITTEE
1990 - 7:00 AM
MEMBERS PRESENT: Chairperson Shelley Johnson. Don Smith. Tom
Pogatchnik. Lowell Schrupp. Bob Dawson. Arve
Grimsmo. Ha vey Kendall. John McVay. Linda
Mielke. Ron Hoglund. Ken Maus. and Dale Lungwitz.
MEMBERS ABSENT: Jay Morrell Dennis Taylor. Dave Peterson. and
Tom McDermo t.
STAFF PRESENT: Ollie Koropch k.
1. CALL TO ORDER.
Chairperson Shelley Johns n called the IDC meeting to order
at 7:00 AM.
2. APPROVAL OF THE OCTOBER 1 . 1990 IDC MINUTES.
Tabled.
CONSIDERATION TO HEAR IDC FINANCIAL REPORT.
3.
.
Treasurer Ron Hoglund rep rted an IDC total balance of
$10.136.09. W.C.S.B. che king. $4,152.37; W.C.S.B.
money market, $$1,901.21; and Security Financial, $4,082.51.
4. PROSPECTS: 1.2 million s ft distribution center -
Koropchak rea a letter received from Mr. Terrell
Towers, Minn epart of TED, on the update of
this project. The company representatives did
not return as planned on October 25, their
returned visi to Minnesota to view additional
communities a ong the eastern state border was
rescheduled f r today, November 15. The
communities bing Cottege Grove, Hastings, and
Stillwater. r. Towers is encouraging the
company to el minate the site location to three
communities a d encourages the company to disclose
of their name Mr. Towers will get back to me
on an update fter Mr. Drake's visits.
.
Koropchak pre
requirements
the 1984 and
Highway 25 So
advised the I
was submitted
west of 1-94
Also noted wa
when the comp
& Common Carr
driver privat
employee priv
ented the IDC with the basic
or the project and a copy of
988 traffic counts along State
th as prepared by MDOT. Koropchak
C that a fourth site from Monticello
to the company, this site to the
nd south of West County Road 39.
the estimated traffic numbers
ny is in full operation: Prospect
er Truck, 400 round trip/day; truck
ly owned vehicle, 215 round trip/day;
te1y owned vehicle, 750 round trip/day,
IDC Minutes
11/15/90
Page 2
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4. CONTINUED.
Jeff Easte - The company's quarterly
financials results in a decl ne of sales, therefore, at present
the company will not proceed with bank financing until a
couple major issues are reso ved. Once the company can
substantiate the resolution -of these issues fui.ding will be sought.
Circuit Technologies, Inc. _
a prototype "job shop" for th
layer circuit boards. They e
tech jobs within the first to
With the need for financial a
plan is currently being revie
Mr. Corson, Mr. Pelstring, an
29, 1990 to discuss the busin
strategy to proceed or not pr
is needed to verify projectio
are to lease from M & P Trans
his start-up company is
production of multi-
pect to create 15 high
second year of business.
sistance their business
ed by BDS, Inc. Mr. Adams,
Koropchak will meet on November
ss plan and determine the
ceed. Additional information
s and business plan. Plans
orts.
Aroplax - Koropchak reminded IDC members of this company
as their initial contact with onticello was through an
real estate agent looking for easeable/option to purchase
industrial space. The company looked at the previous Best-
In-Webb building, however, the father preferred the location
of Lester Prairie. Time has p ssed and the family ideas have
changed, they are now looking 0 build a 20,OOO-25,OOO.sq ft facility
and are very interested in Mon icello. The company is a
40 year old plastic injection olding company which will
employ 20-22 people at $7.00-$ .00 per hour. All site location
maps and landowners have been rovided to the company.
The company plans to be in Mon icello within the weeks to
view properties.
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John McVay reported that Federal Cartridge may have scaled
their project back and are looking to locate a satellite
facility. Arve Grimsmo inquire on the statis of
Cardinal GI. Koropchak will ma e inquiries of each.
5. CONSIDERATION OF THE TIRE SERVI E E UIPMENT MANUFACTURING, INC.
RECEPTION AND TOUR.
Koropchak reminded IDC members
3:30 PM at the Tire Service Equ
is anxious to inform the commit
Cake and coffee will be provide
6. CONSIDERATION OF BAN UET FOLLOW-UP.
.
It was the general feeling of th
best banquet ever and created a
participants and community. A d
will be given members in the nea
reception today at
Company. Mr. Schmidt
ee of their products.
by the IDC.
IDC that this was the
ood feeling among the
tailed financial report
future.
.
IDC Minutes
11/15/90
Page 3
7. CONSIDERATION TO HEAR OF
ON LEASEABLE INDUSTRIAL S
FOR IDC CONCEPT PLAN
Koropchak reported that t e HRA has approved the concept
of the TIF/SPEC Building Pre-plans and the use of TIF
Pay-As-You-Go Assistance. The request for proposals will
be drafted and viewed by staff, city attorney, Pat Pelstring,
and a few IDC members for additions or corrections.
The joint marketing effort between the selected developer
and the City will reduce a time of 60-90 days for
TIF Plan and building pIa s development and preliminary
approval. Joint marketing is the availability of a
15,000, 20,000, or 25,000 sq ft 1easeab1e building
within construction time at a TIF reduction rental rate.
Plans are to have the request for proposals submitted
to developers prior to the end of 1990.
8.
CONSIDERATION OF IDC MEMBERS CHOICE ON BUSINESS RETENTION
AND EXPANSION VISITS.
Koropchak having provided IDC members with a list of Monticello
industries to visit asked embers of their preferred choice.
Ken Maus, NSP Nuclear Plant; Tom Pogatchnik and Don Smith,
Sunny Fresh; Dale Lungwitz and Ron Hoglund, FSI; Linda
Mielke, Bondhus Corporatio ; Shelley Johnson, ABK, Inc.;
Tom Pogatchnik, NSP Traini g Center; Bob Dawson, Electro
Industries; Arve Grimsmo, he H-Window Company; Ron Hoglund,
Jones Manufacturing; Lowell Schrupp, Automatic Garage Door;
Harvey Kendall, Rainbow Enterprises; and Shelley Johnson,
WEB Precision Machining. ohn McVay volunteered to visit
any three companies howeve preferably in one day.
Koropchak plans to set visits up for the last week in
November and first weeks i December. Each IDC member
will be contacted to confi m appointment date and time.
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9.
OTHER BUSINESS.
IDC members were invited t the K-Mart Grand Opening scheduled
at 8:00 AM today. Also Ch mber meeting today at 12:00 noon,
Legion Club.
10. ADJOURNMENT.
The IDC meeting adjourned t 7:40 AM.
~ \<nl"..Q~
Ollie Koropchak
Executive Secretary
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