IDC Agenda 10-17-1991
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AGEN A
MONTICELLO INDUSTRIAL DEVEL PMENT COMMITTEE MEETING
Thursday, October 1:, 1991 - 7:00 AM
City H 11
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MEMBERS: Chairperson Shelley Joh son, Don Smith, Ron Hoglund,
Lowell Schrupp, Dale Lung itz, Arve Grimsmo, Jay Morrell,
Harvey Kendall, Dennis 'aylor, Ken Maus, Linda Mielke,
John McVay, Dave Peterson, Tom Pogatchnik, Bob Dawson,
and Candy Benoit.
STAFF:
Rick Wolfsteller, Jeff 0 Neill, and Ollie Koropchak.
CALL TO ORDER.
CONSIDERATION TO APPROVE THE SI PTEMBER 19, 1991 IDC MINUTES.
CONSIDERATION TO HEAR THE IDC MONTHLY FINANCIAL REPORT.
CONSIDERATION TO DISCUSS THE DC BANQUET FOLLOW-UP COMMENTS.
CONSIDERATION TO REVIEW AND D SCUSS ADVERTISEMENT COSTS.
CONSIDERATION TO HEAR AN ECON MIC DEVELOPMENT REPORT.
a) Star City Conference
b) Wright County Economic D velopment
c) Computer Training
CONSIDERATION OF BUSINESS RET EXPANSION.
a) Remmele Engineering
b) Tapper's Inc.
8. CONSIDERATION OF A PROSPECT ATE:
a) Aroplax corporation
b) Continental Life
c) Food Ingredient Plant
d) Molded Packaging ProductSI Company
e) Wafer Manufacturing Comp~ y
f) Tele-Racing Facility .
g) Metro National Distributil n Warehouse/Office
h) Annandale Developer
i) Maintenance Repair/Office Facility
j) Micro-Tech
k) G & G Oil Equipment Com any, Maid of Scandia, Elaine
Nordness, Diaper Service, and Blackman Company.
9. CONSIDERATION OF AN UPDATE N THE CHELSEA LAND USE AND
CIRCULATION STUDY/CONCEPTUAL A EA PLAN.
10. OTHER BUSINESS.
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11. ADJOURNMENT.
CHAMBER MEETING TODAY AT THE AMERIC N LEGION CLUB.
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MlNUT S
MONTICELLO INDUSTRIAL D VELOPMENT COMMITTEE
Thursday, September 119, 1991 - 7: 00 AM
City H 11
MEMBERS PRESENT:
Harvey Kendall John McVay, Dennis Taylor, Bob
Dawson, Ron Ho lund, Linda Mielke, Ken Maus,
Dale Lungwitz, Jay Morrell, and Don Smith.
MEMBERS ABSENT:
Shelley Johnso , Arve Grimsmo, Lowell schrupp,
Dave Peterson Tom pogatchnik, and Candy
Benoit.
STAFF PRESENT:
Ollie Koropcha .
STAFF ABSENT:
Rick Wolfstell r and Jeff O'Neill.
1. CALL TO ORDER.
Acting Chairperson Harvey Ke dall called the IDC meeting to
order at 7:08 AM.
2.
CONSIDERATION TO APPROVE THE UGUST 15 1991 IDC MINUTES.
Dale Lungwitz made a motion to approve the August 15, 1991 IDC
minutes, seconded by John McV y, the minutes were approved as
written.
3. CONSIDERATION TO HEAR AND AC EPT THE MONTHLY IDC FINANCIAL
REPORT.
Treasurer Ron Hoglund repor~ed a Wright County state Bank
balance of $2,637.87 and a Security Financial Banking &
Savings balance of $3,000.31 for a total balance of $5,638.18.
Remaining balance owed to Chris Lommel Productions, Inc. for
the audio-visual production i $1,700 with $3,000 having been
paid to date. The report was accepted by a consensus of the
IDC.
4. CONSIDERATION TO ACCOUNT FO IDC BAN UET TICKETS SOLD AND
UPDATE OF PLANS.
Koropchak reported that Schmidt, The Tire Service
Equipment company, and Jerr Schoen, Aroplax Corporation,
withdrew as local testimony peakers. She contacted Bondhus
Corporation to inquire of John Envy or John Bondhus
availability. Mr. Envy thoug t it was unappropriate to speak
of Minnesota Technologies, In . at a local industrial banquet
and the company responded tha, Mr. Bondhus or other officials
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would be out-of-town. Suggest ons were to contact Remmele and
the H-Window Company.
Mayor Ken Mayor asked the 10 for topic suggestions for his
banquet presentation.
IDC members gave brief repo ts on their ticket sales and
Koropchak asked them for accountability by Thursday,
September 26.
Tabled.
5. CONSIDERATION TO REVIEW ADVER ISEMENT COSTS.
6. CONSIDERATION TO HEAR UPDATE F PROSPECT LIST:
a) Aroplax Corporation - Kor pchak reported that Randy Free
of Construction Services in Rogers indicated that he had
dropped off construction lans on September 16, upon his
conversation with Mr. Sc oen the company had financial
commitments from Marque te Bank, Wright County State
Bank, and Banner Funding. He further indicated that the
City of Brooklyn Park off red Aroplax a financial package
of a less annaul debt se' vice. Koropchak continues to
contact Mr. Schoen regard ng the commitment to Monticello
and the company's attend nce at the banquet.
b)
Maid of Scandia - Gratis banquet tickets were mailed to
Mr. Dahlquist with no esponse at this time. The
business remains interes ed in Monticello, however, the
company has been conta by the City of Delano
according to Mayor Maus. I
G & G Oil Company - Grati I banquet tickets were mailed to
Mr. Speck with no respo se at this time. Mr. Speck
reports the company is ve y interested in Monticello, the
company has a potentialuyer of their Blaine facility,
and upon written notific tion the company would like a
financial proposal con ingent upon sale of their
property.
c)
d) Wafer Manufacturer - Theregon consultant firm received
the request of site prop sals about two weeks ago and
anticipates another mont to review the proposals. No
proposal has been elimi ated and the only additional
information requested was on a vacant facility in Eagan,
the Unisys Corporation building.
IDC MINUTES
9-19-91
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Packaging Products Manuf cturer - This request for site
proposal was submitted b NSP as the manufacturer is a
high user of electrical ower and a high user of water.
The company is a molded' package products manufacturer
with projected employmen of 30-35 and is interested in
a 35,000 to 40,000 squ e foot to lease, purchase or
construct. The site req est are general and the company
will use incentives to g ide their location direction.
Our TIF/Pre-plan project, was marketed with building and
site plans submitted, t e willingness of the city to
prepare a similiar concpt project for their specific
size, and the availability of vacant land and local
incentives for an owner occupied facility. John McVay
informed the committee this project was for a start-
up business.
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f) Micro-Tech - This small electronic labor-intense company
is looking for 5,000 squ re feet to lease or own. The
company would employ 40- 0 people and are interested in
job training programs. r. Gordon Bye will be in next
week to further discuss he project and options.
g) Elaine Nordness a plastic injection
molding company looking or a site location to construct
a 50,000 square foot fac lity, Ms. Nordness reports the
company has made no deci ions.
h)
Blackman Machinery - Thi
company continues to w
Their needs are for a
facility.
St. Cloud wood and metal works
igh its options to relocate.
4,500 square foot leaseable
i) Continental Life Insurance - According to Terrell Towers,
the Idaho insurance comp ny has made no further contact
with the Department of T ade and Economic Development.
j) Suburban Machine & Manufa turing - This company currently
located in Rogers is looking for a future site
relocation. The companyi is a general machinist and has
their own product line. Projected jobs would be 16 with
construction of a 7,500 0 8,000 sq ft. Time frame '92
or '93. The company r ceived general information of
Monticello, its financia incentives, and a comparison of
property taxes.
7. OTHER BUSINESS.
Mayor Maus informed the IDC t at the Howard Lake Mayor was on
a state committee for off tr ck betting (Canterbury Downs).
Wi th the Monticello Mall be oming an eye sore, the Mayor
IDC MINUTES
9-19-91
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suggested Koropchak follow thr
Howard Lake to further discus
facility noting our change in!
establishments.
The IDC members were reminded
at the Legion Club.
8.
ADJOURNMENT.
The IDC meeting adjourned at :25 PM.
ugh by contacting the Mayor of
Monticello'S interest for the
population, motels and eating
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f the Chamber meeting this noon
() ~ ~ en u .s>-.....-
Ollie Koropchak, IDC Executive Sec etary
IDC MINUTES
. 9-19-91
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. 1991 IDC BANQUET F1INANCIAL REPORT
OCTOBER 3:, 1991
SEPTEMBER 30, 1991 OCTOBER 30, 1990
REVENUE:
104 PAID MEAL TICKETS 96 $5,450
3 GRATIS TICKETS 5
DONATIONS 5 $1,275
TOTAL REVENUES 0 $6,725
TO BILL: M & P TRANSPORTS 0
THE H-WINDOW 0
0
EXPENSES:
MONTE CLUB 41 $ 612.95
63 STEAKS @ $13.95 $ 8 8.85 38 $ 416.10
35 WALLEYE PIKE @ $12.95 $ 4 3.25 17 $ 186.15
9 CHICKEN BREAST @ $7.95 $ 1.55 5 $ 39.75
TAX $ 1.24 $ 75.29
107 HORS D'QUERVRES @ $2.00 $ 2 4.00 101 $ 277.75
BAR $ 327.65
GRATUITY 2 5.00 $ 250.00
. TOTAL MONTE CLUB $1,9 3.89 $2,185.64
MONTICELLO PRINTING $ 6.43 $ 40.12
MONTICELLO OFFICE PRODUCTS $ 9.40 $ 42.48
LITTLE MOUNTAIN FLOWERS $ 50.08
WOODTYPE MINNESOTA $ 52.00
TOTAL EXPENSES $1,9 9.72 $2,370.32
BANQUET PROFIT $4,8 0.28 $4,354.68
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1991 IDC BANQUET F!INANCIAL REPORT
OCTOBER J, 1991
SEPTEMBER 30, 1991
REVENUE:
104 PAID MEAL TICKETS
3 GRATIS TICKETS
DONATIONS
TOTAL REVENUES
TO BILL: M & P TRANSPORTS
THE H-WINDOW
EXPENSES:
MONTE CLUB
63 STEAKS @ $13.95
35 WALLEYE PIKE @ $12.95
9 CHICKEN BREAST @ $7.95
TAX
107 HORS D'QUERVRES @ $2.00
BAR
GRATUITY
TOTAL MONTE CLUB
MONTICELLO PRINTING
MONTICELLO OFFICE PRODUCTS
LITTLE MOUNTAIN FLOWERS
WOODTYPE MINNESOTA
TOTAL EXPENSES
BANQUET PROFIT
$5,8 5
9 5
$6,8 0
$ 1 0
$ 1,0
$ 2 0
$
$
$
$
$
8 8.85
4 3.25
1.55
1.24
214.00
41
38
17
5
101
\.2
210. 00 ~1:>~ t.C1
$1,918.89
$ 46.43
$ '9 .40
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OCTOBER 30, 1990
96
5
$5,450
$1,275
$6,725
$ 612.95
$ 416.10
$ 186.15
$ 39.75
$ 75.29
$ 277.75
$ 327.65
$ 250.00
$2,185.64
$ 40.12
$ 42.48
$ 50.08
$ 52.00
$2,370.32
$4,354.68
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CORPORATE REPO T MINNESOTA
SUMMARY ADVERTI EMENT COSTS
More than half (53%) of the Corpor' te Report subscribers work for
companies that are contemplatig moving or expanding their
facilities in the next three years
AUDIENCE: Highly targeted executiv audience.
59.3% are in top ma agement positions: Chairman,
President, Chief Execu ive Officer, Vice President,
General Manager, Officer Owner, Partner.
22.4% identify themselve as middle managment.
Company Size
39.1% small size compani s (1-49 employees)
30.0% medium size compan es (50-999 employees)
30.8% large size compani s (1,000 or more employees)
Where read
72.2% of the subscribers read their copy at home.
Time spent reading
45.9 minutes each issue
Other reading interests
Wall Street Journal, 41.5%
Reader profile
44.5 years median age
Income
$145,400 average househol income
Networth
$891,800 average net
Education attained
4-year degree, 42.6%
Post-graduate study, 14.5
Master's degree, 15.5%
Circulation
18,039 paid subscribers,
additional 2.55 people, f
84.4% copies are mailed t
6.5% copies are mailed out
SUBSCRIPTION RATES:
Monthly publica
$29.00 for one
$47.00 for two
$63.00 for thre
he average issue is read by an
r a total of 64,039 readers.
the II-county metro area.
ide of Minnesota and Wisconsin
ion
ear
ears
years
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AVERTISING RATES:
BLACK & WHITE:
1/2 PAGE per issue
1/3 PAGE per issue
1/6 PAGE per issue
TWO COLOR:
1/2 PAGE per issue
1/3 PAGE per issue
1/6 PAGE per issue
Rate increase of 6% effective November 15,
1991
IX
$1,980
$1,445
$ 820
4X
$1,6 0
$1,3 0
$ 7 0
7X
$1,510
$1,170
$ 570
$2,455
$1,745
$1,020
$2,1 5
$1,6 0
$ 9 0
$1,470
$1,470
$ 830
PRODUCTION CHARGES:
1/2 PAGE per adv $ 60
1/3 PAGE per adv $ 55
1/6 PAGE per adv $ 50
EXAMPLE: TWO COLOR, 1/3 PAGE
$1,470 X 7 = $10,290 + $ 65 = $10,455
$1,600 X 4 = $ 6,400 + $ 10 = $6,510
BLACK & WHITE, 1/3 PAGE
$1,170 X 7 = $8,190 + $1 5 = $8,355
$1,300 x 4 = $5,200 + $1 0 = $5,310
COMMUNITIES:
Duluth, Buffalo, Hastings, Grand Forks, New
Brighton, and Brook yn Park.
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MINNESOTA REAL E TATE JOURNAL
SUMMARY ADVERTI EMENT COSTS
CIRCULATION:
7,200 COPIES
4,500 PAID SUBCRIPT
75% Metro
10% Outside State
AUDIENCE:
14.04% Corporate Re 1 Estate Executive/Business
9.93% Banker/Finane
9.55% Broker/Salepe son
9.51% Developer/Bui der
8.00% Property Mana er
4.56% Industry/Manu acturing
PUBLISHER:
Mike Kramer
885-0815
SUBSCRIPTION RATES: Bi-weekly publ cation
$54.00 per yea
ADVERTISING RATES: Annual contrac frequency discount rates,
15% for 6X, 20 for 13X
BLACK & WHITE: IX 6X 13X
. 1/2 PAGE per issue $800 $660 $630
1/4 PAGE per issue $550 $460 $435
1/8 PAGE per issue $335 $280 $265
STANDARD PMS COLORS RED, YELLOW, B UE: $130 ADDITION THEREAFTER
$105 PER ADV
FOUR COLOR: $450 PER ADV
PRODUCTION CHARGES: $10 PER ADV
EXAMPLE:
BLACK & WHITE, 1/4 PAGE
6 X $460 = $2,760 + $30
13 X $435 = $5,655 + $40 =
$2,790
$5,695
STANDARD PMS, 1/4 PAGE
6 X $460 = $2,760 + ($130 + 5 X $105 = $655) + $30 =
$3,445
13 X $435 = $5,655 + ($1 0 + 12 X $105 = $1,390) + $40 =
$7,085.
COMMUNITIES:
Elk River, Rogers Maple Grove, Champlin, st.
Peter, and Willmar.
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OCTOBER 10, 1991
MONTICELLO
250 East Broadway
P. O. Box 1147
Monticello, MN
55362-9245
Phone: (612) 295-2711
Metro: (612) 333-5739
Fax: (612) 295-4404
MR. RICHARD W. NORMAN
WRIGHT COUNTY COORDINATOR
10 NORTHWEST 2 STREET
BUFFALO, MN 55313
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DEAR MR. NORMAN:
RE: WHAT SHOULD BE THE ROLE OF TH COUNTY IN ECONOMIC DEVELOPMENT?
THE WRIGHT COUNTY COMMISSIONER I S ROLE SHOULD BE TO SERVE AS A
CATALYST FOR THE ESTABLISHMENT Qi A COUNTY ECONOMIC DEVELOPMENT
PROGRAM BY APPOINTING AN ECONO IC DEVELOPMENT TASK FORCE, BY
AUTHORIZING AN ANNUAL COMMITMENT OF DOLLARS, AND BY DETERMINING A
SCHEDULED TIME FRAME. THE EST BLISHMENT OF A COUNTY ECONOMIC
DEVELOPMENT PROGRAM/PLAN MUST REC IVE FULL ENDORSEMENT AND SUPPORT
OF THE COUNTY COMMISSIONERS STAT NG THAT THE PROGRAM/PLAN MUST BE
ESTABLISHED IN THE BEST INTERES OF THE ENTIRE COUNTY AND AS A
BENEFIT TO THE ENTIRE COUNTY. THE WRIGHT COUNTY COMMISSIONERS
SHOULD CONSIDER AND ADOPT A RES LUTION APPROVING THE ESTABLISHED
ECONOMIC DEVELOPMENT PROGRAM/PLA AND POLICIES, INCLUSIVE OF IT'S
MISSION STATEMENT AND IDENTIFIED GOALS, AS DETERMINED AND
RECOMMENDED BY THE TASK FORCE.
SINCERELY,
CITY OF MONTICELLO
O~~d'I\A,i)~
OLLIE KOROPCHAK
ECONOMIC DEVELOPMENT DIRECTOR
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