IDC Minutes 09-24-1987
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MINUTE
MONTICELLO INDUSTRIAL DE
Thursday, September
City Ha
Members Present:
President Ha
Arve Grimsmo
Rick Wolfste
and Ollie Ko
ELOPMENT COMMITTEE
4, 1987 - 7:00AM
1
vey Kendall, Shelly Johnson,
Bud Schrupp, Ron Hoglund,
ler, Joel Winkelman, Donald Smith,
opchak.
Members Absent: Dale Lungwitz Bruce Gagnelius, and Jay Morrell.
1. Call To Order.
President Harvey Kendall c lIed the IDC meeting to order at 7:08AM.
2. A roval of the Au ust 20, 1987 IDC Minutes.
Arve Grimsmo made a motion to approve the August 20, 1987 IDC
minutes, seconded by Joel inkelman. Minutes stand approved.
3.
Consideration of Com arab 1
Commerical/Industrial Deve
The IDC members received a
costs for the beverage pro
hook-up charges and buildi
Elk River, and Big Lake.
made a recommendation and
to establish a couple hypo
companies to determine the
and project the water and
This to be a comparison am
continued studies warrant,
of the City Council. It w
hookup charges for the bev
line. Mayor Grimsmo repor
water needs was allowed to
Wolfsteller responded to a
generally upheld the hard
for development. Mayor Gr
and Administrator Wolfstel
City gave preliminary appr
to notify the beverage pro
Monticello remains in a ne
of their own wells.
,j
.
4.
Consideration of Com
Rick Wolfsteller, City Adm
information from County A
study showed that County w
of commerical/industrial p
values were approximately
.
U Front Cit Char es for
o ment Pro'ects.
copy of estimated potential start-up
essing company and a copy of comparative
g permit fees from Buffalo, Litchfield,
fter some discussion, Joel Winkelman
ith the consensus of the committee
hetical examples for start-up industrial
initial hook-up and building charges
ewer cost over a five year period.
ng approximate five communities. If
thereafter, bring to the attention
s agreed upon that initial sewer
rage processing company were out-of-
ed a St. Cloud company with special
have their own wells. City Administrator
question that the city has in the past
nd fast rules of the zoning ordinance
msmo representing the City Council
er seeing no ramifications from the
val to Shelly Johnson's recommendation
essing company that the City of
otiable position to permit the use
Estimated Market Values.
nistrator, obtained the following
sessor Doug Gruber. The latest
de from 10/85 to 9/86, 31 sales
operty took place and the market
9% of actual selling price.
IDC Minutes - 9/24/87
4. continued.
Individual
1/ of Sales
M.V. to selling price
% of
CitY..',
1
2
1
Actually
Buffalo,
Cokato
Delano)
sold for les than ~~ket va1u~
110%
101%
111%
3
4
4
5
Actually
Howard.. Lake
St. Mi' hae1
Mont,iC 110
Annand 1e
sold for mor than market value
102%
82%
71.5%
59%
Silver Fox Motel
Centra Sota
Figenshau Bldg.
poierer Drug
1 sal;es were:
arut value
$1,087,000
$-' 52,900
$ 111,400
$ 40,000
Selling price
$1,450,000
$ 114,000
$ 120,000
$ 60,000
Monticello's four individu
Commerical comparison ex ples in Buffalo and Monticello,
based on per dollar of sq are footage (building only).
.
HolmqUist's
main floor office
27,356 sq ft 1,628 sq ft
x $30.00 x $20.00
$820,680 $3,256
Total $823,936
McDonald's
4,198sq ft
$55.00
$230,900
Johnson's
5,265 sq ft
$22.00
$115,830
Maus Foods
34-:-400 sq ft
x $30.00
$1,031,800
McDonald's
4,288 sq ft
$50.00
$214,400
Johnson's
8,520 sq ft
$14.87
$124,200
Donald Smith recommended Ad, inistrator Wolfste11er obtain
additional information based on comparable per dollar square
footage (building only) es imated values for professional
industrial buildings.
5. Consideration of 1988 IDC
It was by consensuS of the IDC that the committee could not
justify the cost of appro~ mate1y $1.000 for a goest speaker
considering the banquets p rpose. Mayor Grimsmo suggested
Erik Fjerdingstad or Curt Carlson. The committee asked Mayor
Grimsmo to pursue the inv.:tation to Curt Carlson. Koropchak
is to respond 'to Charlie errmann.
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6.
Consideration of Plans for
The committee was advised 0
for Wednesday, November 18,
Lounge with area Senators a
7.
Reports.
The written reports on the
Extended Area Metro Service
and the Monticello Ford Pro
added to the Joint Airport
received information from B
benefits for them to reloca
is municipally owned versus
reported from the public's
important. The IDC recomme
project.
8. Other Business.
None
IDC Minutes - 9/24/87
he IDC November Meetin .
the November meeting, scheduled
12:00 noon, Comfort Inn, Tree
d Representatives.
everage processing company, the
the Joint Airport Commission,
erty were accepted. Mayor Grimsmo
ommission report that he had
ackhurst Aviation stating cost
e to Cambridge where the airport
privately owned. Donald Smith
reception the airport was not
dation was to drop the airport
9. Adj ournment.
The IDe meeting adjourned h consensus.
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(\\(\c: '_,
~-
~~ cf\ {)
Ollie Koropchak, Executive Se r
Monticello Industrial Developmel
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