IDC Agenda 02-19-1987
.
AGENDA
MONTICELLO INDUSTRIAL DEVELOMENT COMMITTEE MEETING
Thursday, February 9, 1987 - 7:00AM
City Hal
Members:
President Harvey Kend
Shelly Johnson, Arve
Gagnelius, Jay Morrel
Don Smith, and Ollie
1. Call to Order.
11, Ron Hoglund, Bud Schrupp,
rimsmo, Joel Winkelman, Bruce
, Dale Lungwitz, Tom Eidem,
oropchak.
2. Approval of the January 22, 1987 IDC Minutes.
3. Consideration of the IDC Ba quet Speaker and Menu.
4. Consideration to Accept the Resignation of Dave Peterson as
an IDC Member and Considera ion of Choice for a Replacement.
5.
NAWCO Minnesota,
Metcalf/Larson Pr
Low-Level Radioac
HRA Financial Too
Star City Quarter
Monticello-Big La
Data Card Corpora
Next IDC Meeting
Reports:
.
6. Other Business.
7. Adj ournment.
.
nc.
ject
ive Waste Disposal Facility
s
y Meeting
e Joint Airport Commission
ion
.
.
.
3.
CONSIDERATION OF THE IDC BAN)UET SPEAKER AND MENU.
A. REFERENCE AND BACKGROUND.
At the previous IDC meeting, the committee tabled the
decision of a guest speaker For the May 18th banquet.
I took the liberty and wrote David Speer for optional
available dates and I wrote Win Bordin as a potential
guest speaker. I haven't heard from Commissioner Speer's
office, but I received a letter from Win Bordin stating
his positive interest as a potential guest speaker.
Also, I've attempted to contact Al Joyner for other
guest speaker suggestions, however, at this point, we
have been unable to reach each other.
Bruce Gagne1ius will discuss menu choices. (See Supporting
Data).
B. ALTERNATIVE ACTIONS.
To be a decision of the IDC.
C. STAFF RECOMMENDATION.
Staff recommends that the IIC make a final decision for
their banquet speaker.
D. SUPPORTING DATA.
Menu choices.
4. CONSIDERATION TO ACCEPT THE RESIGNATION OF DAVE PETERSON
AS AN IDC MEMBER AND CONSIDlRATION OF CHOICE FOR A REPLACEMENT.
A. REFERENCE AND BACKGROUND.
At the previous IDC meeting the committee voted to accept
Dave Peterson as an IDC memter. After Mr. Peterson's
acceptance, a schedule chan~e made by Ford Dealers Advertising
Board presented Dave with a conflict of meeting dates.
(See Supporting Data).
B. ALTERNATIVE ACTIONS.
1. To accept or deny Dave eterson's resignation as a IDC
member.
2. To proceed or not to prcceed to discuss potential names
for a replacement.
C. STAFF RECOMMENDATION.
Staff's recommendation is t accept Dave Peterson's resignation
and to proceed to discuss p tential names for a replacement.
D. SUPPORTING DATA.
Dave Peterson's letter.
*'
Banlfuet
SpeciaL
.
A selective menu of our most popular ite s providing a special price for your next
banquet. Bowling banquets; Christmas pa ies; special parties; company functions;
club get-togethers; meetings!
.
r
MENU
10 oz. TENDERLOIN ST AK...................................... $10.95
in our own mushroo sauce
JUMBO SHRIMP.. . .... ............................. (Deep Fried) $10.95
with tartar and cock ail sauce (Broiled) $12.95
.
CANADIAN WALLEYE PI E........................... (Deep Fried) $ 9.95
8-10 oz. filets (Broiled) $11.95
BAR-B.QUED RIBS............................................... $ 8.95
in our own sauce
DEEP FRIED CHiCKEN........................................... $ 5.95
coated with our honey batter
Above includes our salad ar, bread and beverage. Tax and gratuities not included.
Entertainment can be aranged, ask for details. CALL NOW AND RESERVE
YOUR DATE EARLY (612) 295.22".
.
tbt monte (!tlub
A
y
.
'-ontiullo. JIlinn.
;4d ~ '8<<td ~ '8'UIU I
:bau.e p~d,
~ (Q)~1rTICCIEILIL
1-94 & Hwy. 25 · Box 68 ·
February 10, 1987
Monticello Industrial Development Commi tee
Ollie Koropchak
Dear Ollie:
\-
FORD
MERCURY
INCORPORATED
. Local: 295-2056 · Mpls.: 421-6595
Because of a recent schedule change mad by the Ford Dealers Advertising
Board of which I am a Director, I am un ble to serve on the Industrial
Development Committee. I would like to be considered for the Committee
when my term expires in 1990 should an opening be available.
.
It is with regret that I write this let er because I was looking
forward to serving on the Committee.
Thank you.
Sincerely,
o ~..LJ ~L-.
Dave Peterson
.
.
5. Reports.
NAWCO Minnesota, Inc.
NAWCO Minnesota, Inc. is the incorp rated Minnesota company name
with a proposed manufacture facilit to be built in Monticello.
In January, Mr. Fjerdingstad and Mr Starheim were in Minnesota to
seek final financial arrangements f r their proposed Monticello project.
The total estimated project cost is $3.2 million, one-half ($1.6 million)
will be financed from Norway plus a additional $800,000 as backup
for marketing capital. The total e timated project cost is based
on a five year projection which inc udes building, M & E, furniture
and fixtures, vehicles, and working capital. Mayor Grimsmo and myself
joined Mr. Fjerdingstad and Mr. Sta heim at a meeting with representatives
from the Minnesota Trade Office and the Department of Energy and
Economic Development. The purpose f the meeting was to establish
available state funds for the proje t. The Department of Economic
Development takes the second mortga e position, therefore will consider
participation after bank financing as been established. Mr. Dale
Lungwitz and myself joined the Norw gian representatives and their
attorney at a meeting with bank officials from Norwest and First
National Minneapolis. The bank officers obtained the company's financial
statements and projections, the co any's business plans, the marketing
research study and the Twin City t sting results. The banks willing
participation in the project will e made approximately by the end
of February. Thereafter, will the state acknowledge its participation.
The project can be financed fully hrough Norway; however, they would
like state/local participation. T e City of Monticello has indicated
willingness to reduce the land cos through Tax Increment Finance.
However, no commitment regarding t e amount of write down has been
made, this contingent with the siz of the project. Please have
this remain confidential informati
.
Metcalf/Larson project
.
Having talked with Jim Metcalf, Ji
in a second elderly project. The
that Farmers Home Administration (
combination first floor retail/upp
In other words, FmHA funding is Ii
not intended for multi-purpose pro
a go-ahead with procedures if we h
no benefit to the City to purchase
Mr. Metcalf indicated they couldn'
benefits of TIF or without the app
recommends Metcalf/Larson to secur
from property owners with the ackn
the tool of Tax Increment Financin
usable tool by law. The HRA agree
to have Metcalf/Larson proceed wit
Thereafter, staff also recommended
inquiry of the Brenny Gustafson pa
a second elderly project.
indicated a continued interest
omment in regards to funding meant
mHA) wouldn't loan monies on a
r level elderly housing project.
ited to housing projections only,
ections. The City Mayor indicates
ve a committed project. He sees
and demolish the property.
make a commitment without the
oval of FmHA funding. City staff
purchase prices and agreements
wledgement from the HRA to use
providing TIF would remain a
with City staff's recommendation
negotiations of acquisition.
to request that Metcalf/Larson
cels as an alternative site for
Low Level Radioactive Waste (LLRW)
isposal Facility.
.
With recommendations from the Indus
Grimsmo, Administrator Eidem, and m
to the Minnesota Commissioner of th
This letter simply signals a commun
a regional low-level radioactive wa
additional information aimed at ass
to pursue development of such a fac
Commission benefits package is expe
.
*An estimated $2 million each y
New Jobs: Employment of about
payroll of approxima
construction, additi
created. Volume Tax
supporting a special
waste accepted at th
would raise about $8
local community.
Other Income Source:
probably be operated
which will pay sales
Payroll and tax reve
the area and, as a s
add another estimate
local economy.
rial Development Committee, Mayor
self, I wrote a "letter of inquiry"
Midwest Compact Commission.
ty's potential interest in hosting
te disposal facility and request
sting a city in deciding whether
lity in their area. The Midwest
ted to include:
ar in direct and indirect
o people with an annual
ely $400,000. During
nal jobs will also be
The Commission is
tax on the volume of
facility; this tax
0,000 per year for the
revenue.
The facility will
by a private company
and business taxes.
ue will spread through
condary impact, will
$800,000 to the
*An opportunity to have some 10 al control over the facility.
*The potential to attract a nat onal technical center on low-level
waste to a host state.
Approximately 200 acres of land wil be needed for the Midwest Commission's
facility, which will be owned by th host state. Most of it will
be used for a buffer zone. An acce table site must meet all of the
NRC performance standards which are designed to protect both public
health and the environment. Scient sts will study the geology of
the site and many other factors. T st wells will be drilled and
installed, weather conditions studi d, and a detailed environment
assessment prepared. It will be a ong and thorough process. Rather
than immediately picking a site, th Commission has decided first
to try to find a volunteer communit with land that meets the stringent
environmental siting requirements. The HRA agreed to proceed. Since
that time, an article in the Montie 110 Times indicated the wright
County Commissioners had voted to d ny the low-level radioactive
waste disposal facility. Checking ith City staff, I was informed
that the county doesn't have jurisd"ction over the City of Monticello.
Not with the intent to create a con lict with the County, is it favorable
with the IDC to continue with inter st as a possible site for the
LLRW disposal facility? I have rec ived additional information,
and Monticello remains an intereste party with the Midwest Compact
Commission.
.
HRA Financial Tools
.
The Monticello HRA has basically us d the financial tool of Tax Increment
Finance for the write down of land osts, for public improvements,
and for the removal of blighted are s. Today, TIF is still being
used; on our Construction Five proj ct the bond term is 20 years
at 6~ percent, the interest rate be ng low because bonds for public
improvements, under law, are still ax exempt. However, on industrial
development, as in the industrial p rk, the bonds issued for this
purpose are no longer tax exempt. he tax increment generated by
a project remains the same as in th past. However, to make the
bond sale more attractive, an estim ted 2 percent is added to the
interest rate. The result of this .s the principal amount of the
bond issue is reduced and the amoun of interest paid is increased.
In other words, you are getting les for your money. Also, not helpful
is the maximum ten year life of an conomic district.
I'm not suggesting we disband TIF, ut to inform the HRA of other
financial tools being used by other communities. A number of small
manufacturing businesses have conta ted me with an interest to locate
in Monticello. Because of the larg lots in the industrial park
and a company's need for a small fa ility (7,000 sq ft), the use
of TIF is not an incentive because he project doesn't generate sufficient
tax increment to make the package attractive. A start-up company's
greatest need for working capital is normally within the first five
years of business. First, I look at the possibility for smaller
lots in the industrial park; the City recently acquired three lots.
However, is the cost to subdivide the lots plus provide streets and
additional stubs for water and sew r a viable option.
.
.
I'm aware of a neighboring communi
deed (contract for deed or mortgag
Example: ~ acre at $10,000, the 1
years. Also, the HRA issues const
of the principal for a limited num
company remains in business. Exam
principal amount of year one and t
balance on the loan is $6,000 plus
defer payment of the city taxes, 0
others have non-profit development
individuals interested in communit
these types of incentives, I know
community, and soon maybe a third.
own the industrial land. Our HRA
$30,000 and is scheduled to receiv
in 1988. The HRA may begin thinki
as incentives, if that's your choi
a one-day seminar on revolving loa
HRA may choose to do, guidelines a
written before any incentive is in
are available to help with guideli
city attorney. This report is for
y who's HRA will grant a warranty
deed) to a business.
nd payment is deferred for five
uction loans with a forgiveness
er of years for each year the
le: $18,000 construction loan-
o or $12,000 is forgiven. Paid
total years interest. Some communities
hers set up revolving loans, and
corporations started by community
economic development. Through
lost two businesses to another
The HRA in some communities also
resently has a balance of $20,000-
the UDAG repayment from FSI beginning
g of ways to use these monies
In April, I'll be attending
Whatever, if anything, the
d limits must be established and
tiated. State financial consultants
es along with the use of one's
information purposes and discussion.
Star City Quarterly Meeting
.
On Wednesday.February 11. 19 7. I attended the Star City
Quarterly Meeting in St. Pau. The agenda included Eric
Selberg. CEO. NW Bell Mlnnes ta; David Speer. Commissioner.
Minnesota Trade and Economic Development; and James Harvey.
Executive Director. National Commission on Jobs and Small
Business. Commissioner Spee presented Star City certificates
to a1153 star cities. Bob tern. retired State Star City
Coordinator was recognized.
Montice11o-Bi Lake Joint Ai
The first meeting was held W
the Monticello City Hall. T
meeting. Bill King was e1ec
as Assistant. Directors are
Earney. and Ms. Ollie Koropc
Joint Airport By-laws.
ort Commission
dnesday. February 11. 1987 at
e purpose was an organizational
ed Chairperson with Tom Eidem
Mr. King. Mr. Eidem. Mr. Gene
ak. The directors adopted the
Data Card Corporation
On Thursday. February 12. 19 7. Mr. Dean Whaley. Vice President
of Manufacturing; Mr. Jue1 P terson. Production Manager; and
Ms. Terry Beattie. Manufacturing Planning Manager for Data
Card Corporation along with r. Jim Lushine. Minnesota
Department of Economic Development visited Monticello. Their
purpose was to view the IXI Complex with the intent of a
triple net lease agreement.
.
Data Card is a world leader
serving customers with a br
services. The company is t
controlled embossing and en
and manufacturer of plastic
cards. and operates the wor
customers who do not proces
produces a fu111ine of cred
of electronic point-of-sa1e
card registration services
in the payment systems marketplace
ad range of high-quality products and
e leading manufacturer of computer-
oding systems. the largest printer
credit. bank. cash and promotional
d's largest service bureau for
cards in-house. The company also
t card imprinters and a family
terminals. and offers credit
or1dwide.
Data Card employs more than 1.900 people in its operations
throughout the world. Reve ues increased 40% to $153.554.000
and net income increased 310 to $10.581.000 in fiscal 1986.
After viewing the IXI Comp1 x. we made an extensive tour
of Monticello. To consider an option to lease the IXI
Complex. first. is to find private investor. however.
my perception was the bui1d"ng didn't meet their needs
or image. Second option. i build to lease. At this time.
I've contacted Veit Constru tion. Winkelman Construction.
Construction Five. and Adop son & Peterson. Land options
include parcels in Oakwood. Thomas Park. Lauring Hills.
Boyle. and Construction Five Addition.
.
Data Card's expansion wou1
30.000 sq. ft. concrete fa
would accommodate office/1
a very clean image. They
create 35 jobs. with a proposed
i1ity of which 4.000 sq. ft.
nch area. The company maintains
re considering other locations.
.
Their timeable is a location
1987 with operations in Marc
23. I will be visiting their
the estimated lease options
the IDC members who particip
visit,they were impressed an
they expressed a fine profes
of Monticello.
Next IDC Meeting
The next IDC meeting
1987 at 12:00 Noon.
scheduled guest, Mr.
decision by August/September of
of 1988. The week of February
Minnetonka facility and delivering
rom contractors. I "thank"
ted with Data Card's Monticello
enjoyed Monticello. Also,
ional presentation by the City
is sche uled for Wednesday, March 18,
Place t be announced. Tentative
Bob Har is of Wrightco Products. Inc.
.
.
RECOMMENDATIONS FOR 1987 IDC GOALS
.
President Harvey Kendall. Ron H glund. Bruce Gagnelius, and
Ollie Koropchak met on Wednesda , January 7, 1987.
Five Year Plan
Prepare report on comparison f industrial and business
growth to other communities w th equal population.
Update film on Monticello.
Update Labor Survey.
(Use of Technical Assistance).
Reviewal of City Services for future industrial growth.
One Year Plan
Business Retention
1. Lunch with speaker or tour.
2. Industrial visits.
.
Consideration of an Eastboun exist off Interstate 94.
Promotions
Continuation of Informati nal Pack.
Direct mailings
Post cards
Reward for successful tip on an Industrial Business.
Telephone Lines
How many lines now?
What can we do?
.
"*~~... .
,..,,IA...
.....;~7 ....
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Montice 10
Industrial Developm nt Committee
250 East Bro dway
Monticello, Minnes ta 55362
Phone (612) 29 -2711
January 29, 1987
Win Borden, President
Minnesota Association of Commer e & Industry
300 Hanover Building
480 Cedar Street
St. Paul, MN 55101
Dear Mr. Borden:
The Monticello Industrial Devel pment Committee has set
Monday, May 18, 1987, as the te tative date for their
Annual Fundraiser Banquet. The purpose of this letter
is to invite you as the feature speaker. The banquet
will be held at the Monte Club eginning with a 6:30PM
social hour and a 7:30PM dinner followed by a program.
Past speakers have included Mark Dayton; Donald McCarthy,
Chairperson of NSP; and Tom Tr'p1ett, Revenue Commissioner.
The $75/p1ate fundraiser is at
business persons from within t
is concerned about the serious
climate, particular with regar
compensation. We are looking
on MACI's 1987 legislative inv
community can most effectively
The committee would appreciate
possible, on your availability
Upon your written confirmation
Committee extends two honorary
and your guest. If you have a
contact me at (612) 295-2711 0
Thank you.
Sincerely,
(\' r.. \ r-.... . /" (' C'
~~ ~', _ \<.....".C"\. c <s;. L~ 0-/ ---
Olive M. Koropchak
Economic Development Director
cc: File
ended by approximately 125
e community. The community
ess of the State's business
s to taxes and worker's
or a motivating speech
1vement and how the
get involved in the process.
a response, as soon as
to speak on this date.
the Industrial Development
gratis tickets to you
ditiona1 questions, please
(Metro) 333-5739.
.......
.75~:r -~?~ji{j+J'
~-"
.
Mantic 110
Industrial Developm nt Committee
250 East Bro dway
Monticello, Minnes ta 55362
Phone (612) 2 5-2711
January 29, 1987
David Speer, Commissioner
Minnesota Department of Energy & Economic Development
150 East Kellogg Blvd.
St. Paul, MN 55101
Dear Mr. Speer:
.
On December 18, 1986, Mr. Donald Smith, Publisher of the
Monticello Times, Inc., extende an invitation for you
to be the guest speaker at the Industrial Development
Committee's Annual Fundraiser B nquet, May 18, 1987.
According to Mr. Smith, the inv" ta tion was declined
because of the possible rigoros last weeks of State
legislation. The committee understands your reason
for declining, yet, they are ve y interested in obtaining
you as their speaker. Therefor, I'm inquiring about an
alternate date, convenient to y ur schedule but within a
month of the original banquet d te.
Sincerely,
11"".l"l
~u;;;,
Please respond to me, as soon as possible, so I can
report to the Industrial Deve10 ment Committee. Thank
you for reconsidering.
\'""'" , \.< c-'" G (7 '--
''0,.
Olive M. Koropchak
Economic Development Director
cc: File
.
smCilU~r.r
fOR .
(co.a.le
DlYElOP.UT
e.
Monticello
tlCtmt~. Inc.
DOl/old O. Smith,
Editor and Publisher
116 E st River Street - Box 548
Montic 110. Minnesota 55362 Phone (612) 295-3131
Publis er of the Monticello-Big Lake Shopper
Co-pu lisher of the Road Runner
Dec. 18, 1986
David Speer, Commissioner
Minnesota Department of Energy and Economic Development
1 50 E. Kellogg Blvd.
St. Paul, Minn. 55101
David:
From public relations for corporate clients to romoting the State of Minnesota - it seems
a likely, and certainly formidable, transition. Co gratulations on being chosen the state's new
commissioner!
.
That's the purpose of my letter-economic dev lopment. I'm writing as a member of the Mon-
ticello Industrial Development Committee. My p rpose: To invite you to to be the main speaker,
Monday evening, May 18, at the annual fund aising banquet of our committee.
But there's a personal attachment, too! We'd ike Nancy to come, too, if she could. We've
worked together on Minnesota Newspaper Fo ndation events (most recently a week ago at
a Newspaper in Education meeting). I'd like t have both of you visit our community and
newspaper office. . . and then attend the ba quet. (For that reason, she's getting a copy
of this letter!)
We have a proud story to tell on economic evelopment, with firms like Bondhus, Inc.,
Wrightco, Inc., Northern States Power Comp ny's nuclear plant, and Fulfillment Systems,
Inc., located within Monticello. We're awaitin the announcement any day of the plans of
our Norwegian friends, who are seriously looki g at establishing Monticello as their base for
American H-window production (see enclosed tory). Come and learn more about us, David!
Past speakers have included your predecesso , Mark Dayton; Donald McCarthy, chairman
of NSP; and Tom Triplett, revenue commissio er. The event is held annually in mid-May at
Monticello's Monte Club.
I join Mayor Arve Grimsmo and Economic Dev lopment Director Olive Koropchak in making
this invitation. Please communicate to me ah r the holidays.
You'll remember about five years ago when on Padilla hosted the newspaper foundation
at your West Franklin office. At the time, bot you and the Smiths had "daughters" from
Northern Ireland. We've continued to be activ in that program and have now hosted youth
four of the past six summers. The ten-year-old boy from Omagh, Co. Tyrone, who was with
us in '86 is returning for six weeks in 1987.
Again, congratulations in your new position. nd I read with interest the merger of the two
public relations firms announced yesterday!
e Since:-el~',
Donald O. Smith, Publisher
cc' Nancy Speer, Humphrey Institute
70live Koropchak, Monticello Economic Dev, lopment Director
__ __I
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SERVICE-RELATED BUSINESSES
A & D photography
A to Z Upholstery
Agosto, James - Attorney
A-V Room, Inc.
American Family Insurance
American Legion Post 260
Brenny, Dr. A.T.
Bridgewater Telephone Co.
City of Monticello
David's Photography
Eye Specialists
Farmers Insurance Group
First National Bank of Monticello
Fish, Dr. Charles
Foster, Franzen & Carlson Insurance
Going in Style
Great River Regional Library
Gruys, Johnson & Assoc.
H & R Block
Hall, Christopher, D.C.
Holker, Kenneth - Attorney
IDS/Financial Services, Inc.
James & Gruber, CPAs
KMOM Radio
Lakeland Dental Assoc.
Lindquist Funeral Chapel
Little Mountain Dental
MSI (Mutual Service Insurance)
Marlo's Barber & Styling
Metcalf & Larson
Monticello Americ-Inn
Monticello-Big Lake Community Hospital
Monticello-Big Lake Community Nursing Home
Hart Memorial Medical Center
Monticello-Big Lake Pet Hospital
Monticello Chiropractic Office
Monticello Dental Group
Monticello Eye Care
Monticello Family Practice
Monticello Funeral Home (Peterson/Grimsmo)
MonticellO Optical Center
Monticello Public School District #882
Monticello Roller Rink
Mosford & Barthel
Northwest Community Clinic
Comfort Inn
Professional Approach
pumpkin Patch Nursery School
River Terrace Trailer Park
Security Federal S & L
Silver Fox Inn-Best Western
Smith, pringle & Hayes
State Farm Insurance
Taylor Land surveyors
The Barbers
The country Travel Store
The Hair Dresser
The Village Salon
The U.S. Post Office
ITT Financial Services
V.F.W. Post #8731
Wright County state Bank
YellOW Brick Road
Allied Multispecialty Medical Clinic
century 21-White Dove II
D & D Bus Service
Maxwell Realty
Edina Realty
Riverwood Conference Center
Foto Hut
frovel, Ciarucoo & AasQc-
e
SURVEY RESULTS
Attendees at the "onticelJo Industrial Committee Banquet
("ay J , 19B6)
RANKING Of "AJOR TAXES
8elow is a summary of the ranks assigned to he four major taxes by the six individuals
whO returned Questionnaires. Taxes were ran ed according to the severity of their
current problems.
Tax
n
Ran in s
Av rage FreZuencies
~!L 134
.6 3 1 1
.4 1 2 1 1
.5 I 2 2 I
.2 1 1 3
Individual Income 5
Property 5
Sales 6
Corporate Income 5
CO""ENTS
.
1I!QL'!'_tQI!a.LJo_~Q.I!!~_~~_~
"I 8elieve both federal and state legisl tors have gone too far In special treament
for us senior citizens. I can agree with dou Ie exemptions for age and blindness, since
we must hire people to do many tasks that yo nger people do for themselves. However, (
oelieve we Should count 91J. pensions, social security etc. as regular income."
"Suggest a 'po~t card' return, i.e.~ rem t 'XI' of fed. (ncome tax due, THEN use your
Revenue personnel tor collecting and enforce ent.
"Effectively too high! Still too many a ditions and subtractions compared to
federal."
"Onerous--Is prohibitive and is making cooks out of a lot of people. Your
delinquency and enforceability problems woul pay for themselves with a reduction here."
properJy_._T~~_;_
"Valuation prOblems of inequitable and s oradic reevaluations of 'older' premises."
"Too many tax exempt properties and not nough similarity of home taxes between
cities. R.E. taxes are too high!
"Not in bad shape at all. Concentrate 0 income taxes, both corporate and personal."
Sales Tax:
"lower rate to 3 or 41, but apply it to verything--food, clothing, etc."
"Oon't even think about taxing professio,al services, i.e., medical, CPAs, attys,
et c . " - ~ .-.
.t.
"Should have one rate and thus less acco nting and calculating confusion."
""ake more uniform. Eliminate food/clot ing/shelter--all items. Then across the
board, ~AI_S~ the rest of the sa I es taxes."
~orp_qgte J~.c.l?_m!J~~_:_
"Make US compet i t i ve! ! !..
"Hust lower or we won't have any employe 5 or jobS left in this state."