Loading...
IDC Minutes 11-20-1985 . MINUTE;S INDUSTRIAL DEVELOPMENT COMMITTEE LUNCHEON AND MEETING Wednesday, November 20, 1985 - 12:00 Noon River Inn and ity Hall Members Present: Co-chair Jay Morr 11, Co-chair Gary Wieber, Bud Schrupp, Dale Lun witz, Ron Hogland, Harvey Kendall, and Olive Koropch k. Members Absent: Tom Eidem, Shelly ;ohnson, John Bondhus, Bruce Gagnelius, Arve Gr msmo, and Don Smith. 1. Call to Order. Guest: Tim Carlson and Keith Turnqist of Pyro Industries, Inc. Following lunch at the River Inn the Committee agreed to return to the CIty Hall for Carlson's presentation and the Industrial Development meeting. The meetin: was called to order by Co-chair Morrell at 12:55PM. 2. Guest - Tim Carlson. Mr. Carlson gave the background nformation about Pyro Industries, Inc. Pyro Industries manufactur s a Whitfield pellet-burning stove, and is currently located n the state of Washington. Mr. Carlson is interested in relocat ng his company to Monticello. He stated that the Whitfield pel et-burning stove is 100% combust- able, is at .9 grams or below th 1988 national emission standard, and is EPA approved in Oregon. is resons to locate in Minnesota are: Minnesota is his home, eco omical purchase cost of cast iron in Wisconmn, and positive istribution assets. Negative factors of Minnesota are: workmen's com ensation, tax structure, and relocation cost. Mr. Carlson feels the Minnesota State Programs discourage small businesses to locate in Minnesota. . Co-chair Morrell asked Mr. Carlso Committee could do to help? He s grant. Mr. Carlson is interested Clow Stamping Building. Followin Morrell suggested for Olive Korop the Department of Energy, Mark Da verbal Support. Also, Olive is t purchase the building on contact what are the legalities with the Industrial Revenue Bonds? 3. Approval of Minutes. what the Industrial Development ated a need for a $100,000.00 in purchasing or leasing the his presentation, Co-chair hak to contact Kathy Hahne at ton, and Arve Grimsmo for check if the HRA could or deed or sell bonds. Also, resent Clowing Stamping Dale Lungwitz moved to approve the October 17, 1985, Industrial Development Minutes, seconded by arvey Kendall, and carried unanimously. aA ,., ID Minutes - 11/20/85 . 4. Airport Committee Report. Accepted as reported. 5. Metro Phone Service Report. Committee request Mr. Bob Riers n at their December 19, 1985 morning meeting to inform the C mmittee of the availability of metro lines to Monticello and w at are the new technologies in te1e-communications. 6. VCR Report. Committee requested to view the !edited VCR tape at a later time. 7. Industrial Develo ment Freewa i n Estimates. Tabled. 8. MIDA Membership. Tabled. 9. Industrial Deve10 ment Banquet S eaker. . Accepted report and asked for a rogressive report on the Banquet speaker recruitment at the Decem er meeting. 10. Other Business. Co-chair Morrell reminded the Co ittee that the election officers for the IDC will be hel at the January meeting. Morrell stated he would decline the Co-chair nomination. were asked to consider possible nominees. Suggestions: Johnson, Hoglund, Grimsmo, and Wi ber. of new Co-chair Members Smith, The Committee suggested that Oliv, contact John Gries for possible Industrial Development leads. 11. Adjournment. Dale Lungwitz moved to adjourn, s conded by Harvey Kendall, and carried unanimously. Meeting adj urned. G-Q.~ ""fY\, \( ~~SJ~~ Olive M. Koropchak Executive Secretary, Industrial Devel pment Committee -2- -- . 3. UPDATE OF PYRO INDUSTRIES, INC. (o.k.) A. REFERENCE AND BACKGROUND. Tim Carlson of Pyro Industries, Inc., spoke to the Industrial Development Committee on November 20, 1985. Mr. Carlson is interested in expanding the Washington State manufacturing plant of Whitfield pellet-burning stoves to Monticello, possible location, Clow Stampig Building. Since that date, Mr. Carlson, Senator Betty Adk' s, Representative McEachern, and myself met to discuss Pyro :Industries' concerns of available financial State prog~ams to benefit Pyro's expansion to Monticello. Senator Adkins isuggested to meet with Mark Dayton. A scheduled meeting w~th Mark Dayton is set for Friday, December 13, 1985, 10:qOAM at Mark Dayton's office with Tim Carlson, Senator Adkins, R~presentative McEachern, MinnDeed Financial Consultant Dave Pete~son, Tom Eidem, and myself in attendance. Previously, Dave Peterson has et with Mr. Carlson and suggested the best financial program available in Minnesota which Mr. Peterson felt would meet the St te's qualifications and yet be most benefical to Mr. Carlson's company, The State Program most applicable to Pyro Industries is the Small Cities Economic Development Program which is a $250,000.00 grant, based on a rating system. Mr. Carlson, Da e Peterson, Tom Eidem, and myself have also met on previous occasions. On December 4th, I wrote a letter to Mr. Carlson stating our support of Pyro Industries, Inc. and our willingness to proceed with grant application. At this time, I h ve not heard from Mr. Carlson. . The IDC asked if the HRA could Building. At present the HRA d The Tax Increment Districts est to generate monies within the project feasible the purchase 0 require expansion, inorder to g legalities of the present Clow Bonds in the event the building require a bond opinion (review We, as the City Staff, feel the project is up to Mr. Carlson. answers, willingness, encourage Industries, Inc. No alternative action or staff D. SUPPORTING DATA. Letter to Tim Carlson. . urchase the Clow Stamping es not have sufficient funds. blished in the past will start ear future. Also to make a an existing building would nerate a tax increase. The tamping Industrial Revenue was sold or leased would y an attorney). next step in this proposed he City Staff has provided ent, and support to Pyro ecommendation.