IEDC Minutes 03-03-2020MINUTES
INDUSTRIAL & ECONOMIC DEVELOPMENT COMMITTEE (IEDC)
Tuesday, March 3rd, 2020 — 7:00 a.m.
North Mississippi Room, Monticello Community Center
Members Present: Joni Pawelk, Randy Skarphol, Brian Stumpf, Darek Vetsch, Kevin Steffensmeier,
Wayne Elam, Luke Dahlheimer, Dick Van Allen, Andrew Tapper, Mike Carr,
Christopher Church, Meghan Hanson, Jadyn Nelson, and Paige Danforth
Members Absent: Elizabeth Calpas, Kari Moorhouse, Steve Johnson, and Don Roberts
Liaisons Present: Jeff O'Neill, Jim Thares, Marcy Anderson, and Duane Northagen
1. Call to Order
2. Approve Minutes:
a. February 4th, 2020 meeting minutes
ANDREW TAPPER MOVED TO APPROVE THE FEBRUARY 4TH, 2020
MEETING MINUTES. WAYNE ELAM SECONDED THE MOTION.
MOTION CARRIED, 14-0.
3. Consideration of Adding Items to the Agenda
None.
4. Consideration of 2020 Action Statements -Goals and Table Touics - Continued from
February 4th, 2020 Meeting
Joni Pawelk discussed the balanced set of goals and asked Jim Thares to update members
on the changes from 2019. Thares provided a brief overview of the items that were
deleted and those that were added.
5. Consideration of Proposed Business Roundtable Format Discussion
Jim Thares summarized the three main options regarding program -topic and the
alternatives for time of day. It was suggested that the late afternoon would be the most
casual and allow attendees to do the most comfortable networking. The topic selected
was State and local business financial assistance programs. The goal is to hold the event
in mid-June. Members suggested that a second event should be looked at for the fall of
2020 with another topic featured that is relevant to the local businesses.
DAREK VETSCH MOVED TO HOLD A ROUNDTABLE EVENT IN MID -JUNE AS
A CASUAL EVENT AT A RESTAURANT. MEGHAN HANSON SECONDED THE
MOTION. MOTION CARRIED, 14-0.
Industrial and Economic Development Committee Minutes — March 3, 2020 Page 1 1 3
6. Table Topic — Co -Work Development Concept Overview and Potential for
Monticello, Crystal Nutt, Crystal Nutt Consulting
Crystal Nutt provided a summary of the co -work committee's goals. Progress has been
achieved in learning about the potential of co -work space being established in
Monticello. An overview of the trends and various facilities established in communities
that are similar to Monticello was provided by Ms. Nutt.
7. Reports (Verbal Reports):
a. Economic Development
Jim Thares, provided an update on the UMC expansion project, a nearly
$10,900,000 investment into a new 52,000 square foot facility adjacent to the
existing UMC building. The project was originally reviewed on July 1, 2019. It
involves the EDA creating a new economic development TIF District (#1-41),
funding awards from MN -DEED in the amount of $300,000 from the MIF
program and $175,000 from the JCF program. The EDA is acquiring the 7.39 -
acre site from a private landowner and then conveying it to UMC for a reduced
price of $300,000 via a deferred second mortgage. The total land write-down
through the TIF District is $731,000. The EDA should be fully reimbursed the
$731,000 over the 9 -year life of the TIF District. The land sale closing is
scheduled to take place on April 1, 2020. UMC has committed to create 60 new
FTE jobs over the next three years. UMC is hoping to start construction in early
May, 2020.
Thares reviewed the prospect list.
He also reminded members that during the April IEDC meeting, potential BR&E
visits would be discussed and participation on those visits would be requested of
interested members.
b. Planning Commission Agenda (attached)
The Planning Commission agenda was reviewed by Jim Thares and Jeff O'Neill.
c. City Council
Jeff O'Neill reviewed the housing projects that are underway and provided an
update about the fire station project. He also briefly spoke about the Monticello
2040 Comprehensive Plan progress and schedule for the rest of 2020.
d. Chamber of Commerce
Marcy Anderson provided information regarding the Golf Tournament fundraiser.
It is the Chamber's largest fundraiser of the year and is quickly filling up.
8. Adjournment
WAYNE ELAM MOVED TO ADJOURN THE MEETING AT 7:55 P.M. KEVIN
STEFFENSMEIER SECONDED THE MOTION. MOTION CARRIED, 14-0.
Industrial and Economic Development Committee Minutes — March 3, 2020 Page 2 13
Recorder: Jim Thares T
Approved: __.May 5th, 2020
Attest:
Ji fn Th�res, Economic Development Director
Industrial and Economic Development Committee Minutes — March 3, 2020 Page 3 13