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IDC Minutes 12-01-1989 (Special Meeting) . IDC SPECIAL MEETING Friday, December 1, 1989 - 7:00 City Hall Arve Grimsmo made a motion dire ting city staff to obtain a written commitment from Remme e Engineering, stating that Remme1e Engineering commit to a City of Monticello site location for their propose 1990 construction of a 20,000 square foot building wit an approximate 50 semi- skilled to highly skilled jobs nd includes a future planned building expansion of 40,000 ad' itiona1 square feet and an approximate 100 additional semi killed to highly skilled jobs within an estimated five y ars from the initial Monticello construction. Upon receipt of commitment from Remme1e Engineering, the IDC will reco mend to the City Council for consideration to proceed with t e purchase of Remme1e Engineering's existing 68.5 acr s of undeveloped land in the Monticello Township (zon d agricultural) based upon the fair market appraisal ess selling costs in the interest of job creation an for future engineering benefits to the City of Montice' 10. The motion further recommended to City Council for consideration the purchase of the Me1 Wolters' undeveloped land in the Monticello Township for future drainage an ponding site development, and to avoid the possible incre se of future land acquisition costs. The IDC will assist the City in marketing the Remme1e 68.5 acres to a speculative 1an developer. The motion was seconded by Dennis Taylor and p ssea 13-0. . Yeas: Arve Grimsmo Dennis Taylor Shelley Johnson Don Smith Rick Wolfste11er Dave Peterson Jay Morrell Lowell Schrupp Harvey Kendall Dale Lungwitz Ron Hoglund John McVay Ollie Koropchak . Nays: None