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IDC Minutes 08-23-1989 . MINUTES MONTICELLO INDUSTRIAL DEV LOPMENT COMMITTEE Wednesday, August 23, 1:989 - 7: 00 AM City Hall MEMBERS PRESENT: Chairperson Shelly Johnson, Dennis Taylor, Dave Peterso , Dale Pogatchnik, Ken Maus, Lowell Schru p, Dale Lungwitz, Arve Grimsmo. Ron Hoglund, and Ollie Koropchak. MEMBERS ABSENT: Donald Smith, Harvey Kendall, Jay Morrell, Rick Wolfsteller, Jim Kruger, and Linda Mielke. STAFF PRESENT: Jeff O'Neill 1. CALL TO ORDER. Chairperson Shelly Johnson called the IDC meeting to order at 7:03 AM. 2. APPROVAL OF THE JULY 27, 1989 IDC MINUTES. Ron Hoglund made a motion to approve the July 27, 1989 IDC minutes, seconded by Dale ungwitz, the minutes were approved as written. SPEAKER, PROGRAM, AND . 3. CONSIDERATION TICKET PRICE. Koropchak reported that the Timberwolves owners, Marvin Wolfenson and Harvey Rettner, were unavailable to speak at the IDC Banquet, however, a letter of request for a speaker may be addressed to the a~tention of Christine Hicks and they guarantee a 10 day r~sponse. A one hundred dollar donation for youth charit~ is requested. The IDC recommended that Koropchak not contin;'e with a Timherwolves public relations speaker but to ve Harvey Kendall continue the recruitment of NSP Ch irman of the Board Jim Howard and to have Wayne Hornveg t continue the recruitment of Cargill's Worldwide Poult~ Division President. James Bassett. A motion was made by Arve rimsmo for banquet ticket price at $75.00 with additional ticket at $50.00 per ticket buyer (intended for spouse,), the motion was seconded by Dale Pogatchnik and passed unanimously. . Don Smith will contact the industrial businesses by mail after Labor Day for a interest to display a booth at the banquet. PIa s are for 10-12 businesses to respond favorably. Den is Taylor and Ron Hoglund volunteered to coordinate the set up at the Monte Club starting at approximately 5:00-5:30PM. Don Smith is unable to attend the banquet this year. . IDC MINUTES 8/23/89 PAGE 2 3. CONTINUED. Chairperson Johnson and K ropchak will arrange the three business testimonies, and Koropchak will contact Bruce Gagnelius for a suggested menu. The banquet will include an open bar until dinner s served. Tickets will be ordered after recruitment of a speaker and menu selection. 4. CONSIDERATION OF AN UPDAT OF THE EXTENDED AREA SERVICE PETITION. Lynn Short was hired by t needed signatures for the Service, Mrs. Short has b 75 signatures of the need to City Hall as time does needed additional 75. Ko the signatures herself. one-half hours. e IDC to complete the required Monticello Extended Area en able to collect approximately d 150. She will return the petitions 't allow her to complete the opchak will attempt to collect er time involved is one and 5. PROSPECTS: MANTEQ INTERN TIONAL, INC. On August 14, 1989, Mr. Norman Strand and Mr. Stewart Wilso visited Minnesota and Monticello, a tight sched Ie was planned for their day. A morning meeing with Pat Pelstring and city staff formula ed a time table for funding and building cons ruction. Lunch includes a few IDC represent tives, the Mayor, and the HRA Chairperson w ich was followed by a tour the industria sites. The afternoon began with a meetin with banking officals, followed by a meeting ith Jim Boyle. The key to the project is se uring the needed financing. At this time. the needed fi 'ancial statements and business plan informat 'on hasn't been completed by Manteq. Altenate builders and sites are being sought if the !Boyle Property becomes unavailable. . NSP - plans a e for an August 28th construction date. however, the development agreement needs executing prir to conveyance of property and no final site~ building, drainage, parking or landscaping pans have been received by Gary Anderson and 0 building permits have been issued. CARDINAL IG - Shelly Johnson, Arve Grimsmo, Ken Maus, Ron Hoglnd, and Koropchak toured Cardinal's Minneapolis plant on August 1. Mr. Renato Lizardo hosted and inf'ormed the IDC that Cardinal was landlocked at their present location and is looking for optional site locations to relocate at the end of their two year lease. Potential . . IDC MINUTES 8/23/89 PAGE 3 5. CONTINUED. of an approximate 135,000 sq ft building with 150 employees. The visiting IDC group w s most impressed by the company's excellent employees relationship. Mr. Lizardo and his associate will visit Mont'cello on September 8 to tour our city and the industr1 1 sites. Koropchak asked for volunteers to greet Mr. L" zardo and his assoicate, Shelly Johnson, Dale Lung, itz, and Ron Hoglund volunteered. Don Smith will try to att nd for a short time. Koropchak will also invite Jeff O'N ill, Rick Wolfsteller, and the HRA Chairperson Al Larson TITAN RECREATIONAL PRODUC not completed as requeste however, an agreed purcha Webb building has been su reports that the needed f the lending institution w for the purchase of the B S - Financial information is by the lending institution, e price for the old Best-In- cessfully negotiated. Titan nancial information is at ere a SBA loan is being secured g Lake commerical building. BONDHUS CORPORATION - Th company has not contacted the lending institution for a loan request for the expansion of a small equipment room. Dale Lungwitz suggested Koropchak contact John Bondhus on t eir potential larger building expansion. . K-MART - O'Neill reported that Lincoln Companies has a signed letter of intent w'th K-Mart. At present the City's planner and engine 'r and Lincoln Companies are preparing studies for the 7th street road alignment, options of straight or cu~ ed alignment. The traffic impact of K-Mart does not warranu any change at the intersection of Highway 25 and 7 Street', however, as other cormnerical development occurs additio al left turn lanes or redesign may be necessary. The fac'lity will be approximately 86,000 sq ft, 165 to 180 p rt-time and full-time employees. A fall construction is ant'cipated. i TIM MORIARTY - interested'n small city lot, staff informed Mr. Moriarty that the citYi would sell property on a contract for deed. He wil contact the City upon his decision. BRIDGEWATER TELEPHONE COMP NY - Gary Anderson nor Koropchak has had time to contact Mr Rierson. At present the company is considering remaining a the present location. . FOOD PROCESSING - Koropcha who had no additional info the planned Minnesota expa of the city water pressure industrial park roads stat that the roads were of 10- contacted Mr. George Stecker mation from the company of sion. Mr. Stecker inquired pumping capacity and the s. It was great to respond on all weather and the water . IDC MINUTES 8/23/89 PAGE 4 5. CONTINUED. tower would be completed in spring '90. POOL HAWK - Mr. Ron Ander Pat Pelstring. The compa would be a start up compa leased area and $100,000 two. The city is interes however, the GMEF does no but other funds are avail SATELLITE INDUSTRIES - in to accommodate heavy equi large plastic sheets. Co and Jay Morrell. They ac Chamber of Commerce in wh Buffalo Chambers are refe Commerce by the telephone 6. OTHER BUSINESS. his fall and filled to capacity on was referred to the City by y product is a poolside alarm, y with needs of a 1500 sq ft orking capital. Employment of ed in working with Mr. Anderson, provide working capital funds ble. uiry of need for leased space ment. The company manufactures tacts were given to Rick Clow ually were inquiry of Elk River ch Elk River, Big Lake, and red to Monticello Chamber of directory service. IDC members inquired of t e Clifford Olson property. Mr. O'Neill reported that wit, continued City pressure and a court order to bring the building up to ity rental specifications/codes and combined with Mr. Olson r, alization that the property value was greater without the building he contracted with Veit & Company for d molition. Asking purchase price of $85,000. Super' merica has made some inquiries of the property and adjourning properties. . IDC members inquired of ny word from Mr. Tom Dolly regarding the City commuter lot. 0 action has been taken by the City Council nor has the city staff heard from Mr. Dolly. Koropchak reported that & Assoicates to draft se a marketing program and meeting August 21, 1989.' Koropchak informed the I Business and Retention S November 15 with favorab who complete the survey goals is to accompany Ko has prepared a separate which Koropchak has requ: . 7. ADJOURNMENT. he City Council authorized Henning eral concept design options for general brochure. Council ,C that notification of the Industrial rvey completion deadline date is e consideration to the communities y October 15. One of the IDC opchak on the visits. The State etail Business and Retention Survey sted a copy of from the DTED. The IDC meeting adjourne at 8:20 AM. ~ \<d\-C Ollie Koropchak. IDC Exe utive Secretary