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IDC Minutes 07-16-1987 MINUTES MONTICELLO INDUSTRIAL ,EVELOPMENT COMMITTE Thursday, July 16, 1987 - 7:00AM City Hal; Members Present: Bud Schrupp,Joel Winkelman, Ron Hoglund, Jay Morrell, Dal Lungwitz, Don Smith, and Ollie Koropchak. . 1. Call to Order. In absence of the IDC Pres dent and Vice President, Ollie Koropchak called the IDC m.eting to order at 7:11AM. 2. A roval of the June 18, 1 87 IDC Minutes. Ron Hoglund made a motion ,0 approve the June 18th IDC minutes, seconded by Bud S:hrupp. 3. Reports. a) Beverage Processing Co pany - Koropchak reported she had received a letter rom the consultants of the beverage company askin for the City of Monticello's best and final offer. . Plans are for the consultants to present their findi gs to the beverage processing company board of direc! ors the last week in July. . b) NAWCO Minnesota, Inc. Tax Increment District of the land, construct Oakwood Industrial Par 28,000 sq ft facility. c) Data Card Corporation company's plans for ex "hold" until the pendi Computers is resolved. With the completion of the process and the acquisition on began July I, 1987 in the for the proposed approximate Koropchak reported that the ansion have been placed on g acquisition by National d) Joint Airport Commission - Koropchak reported Tom Creighton, his associate, and herself met and began preliminary drafting for a "request for proposal" which is the criteria to follow for hiring a design engineer. This reque t for proposal must meet Federal and State requirement to insure funding participation. e) Monticello Ford Inc. negotiating with Mr. of the property locat time no purchase agre plans include the dem . Koropchak reported the HRA was lake for the possible acquisition d at 249 West Broadway. At this ment has been executed. The HRA lition of said property. f) Directors of Monticel 0 Development - Koropchak reported that City Attorney Pr ngle's opinion of the DMD's organizational structre was that it was not within the powers of the City to legally create such an organization. IDe Minutes - 7/16/87 . g) Fulfillment Systems, In if they were aware of F, committee responded of further questioned the valuation for FSI. Thei if the city's assessed the mill rate should de! a comparison of assesse a five year period. JO! Wolfs teller be a member explanation of the ass~ IDC. Seconded by Dale . - Koropchak asked the committee I's expansion in St. Cloud? The rental expansion. The committee ncrease in the assessed property committee members logic states roperty valuation increased then rease. The committee requested property values and taxes over 1 Winkelman recommended Rick of the IDC and felt an II sment process would benefit the ungwitz. Jay Morrell felt the IDC sh uld become more politically active. Koropchak and IDC members ti watch for business and commerical political issues, lobby, an person to person contact with representatives before the eginning of the legislature session. Suggestion was to invite District representatives to an IDC luncheon meeting in Novembe! 4. Other Business. Ron Hoglund reported the wo en were gathering signatures on the extended area service petitions. of Rick Wolfsteller as a member for community involvement from . Don Smith expressed a welco to the IDC, and sees the the City Administrator. 5. Adjournment. By concensus of the IDC, t e meeting adjourned. ~ .~O'\O Ollie Koropchak Executive Secretary Monticello Industrial Development Committee . I __._