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IDC Agenda 12-02-2003AGENDA . MONTICELLO INDUSTRIAL DEVELOPMENT COMMITTEE Tuesday, December 2, 2003 - 7:00 a.m. Academy Room - 505 Walnut Street MEMBERS: Chair M~arger, Vice Chair Ton~ndquist, Bill pper, Dick~Allen, Tom Ollig, Don Roberts, Mike >~detto, Barb Schwientek, a~lson, Kelli Huxford, Tom~ski, and Lynne Dahl. COUNCIL LIAISON: Mayor Bruce Thielen. STAFF: Rick Wolfsteller, Jeff O'Neill, John Simola, Fred Patch, and Ollie ropchak. IDC MISSION STATEMENT: To maintain and increase the industrial tax. base and to create jobs in the City of Monticello, Minnesota. 7:00 a.m. 1. Call to Order. (Please read the minutes and information prior to the meeting.) ~ ~` v 3 ~ ~ ~ 7:02 2. Vote to approve the November 4, 2003 IDC minutes. 7:05 3. Follow-up and discussion of the City Council action to authorize a purchase agreement for acquisition of industrial land. A. Results of meeting between Indus~ial Gro~ andnd C~ ~ '~ a°w ' ' B. Where to go from here. ~. '~n `r '~.~ cov ,,,;~, ~ -~ b ~- . ' '~""_ • 8:00 4. Updates by Mayor Thielen: A. Progress of annexation agreement and future township/city council meetings. B. Meeting of city officials to set 2003 Council's Community Vision & Governing Policies. C. Update and progress on the proposed I-94 and County Rd 18 interchange and I-94 realignment. 8:10 5. Reports: A. Economic Development Report - Koropchak. B. Marketing Subcommittee -Tom Lindquist/Lynne Dahl. 8:15 6. Discussion on and to continue development of a list of potential tasks to accomplish the goal of the IDC: To provide a continuous stream of available industrial land with infrastructure potential. A. Review the draft copy of the December 2, 2003 Planning Commission Agenda for industrial related items. Discuss and vote on an IDC position or action if necessary. 8:20 7. Other Business. Chamber Updates - Feaski. 8:30 8. Adjournment. ~''`A* ~j ~.sr.~9 S ~- g~..,,,a ~ ~~ u-ti.. g~ ~ MINUTES MONTICELLO INDUSTRIAL DEVELOPMENT COMMITTEE Tuesday, November 4, 2003 - 7:00 a.m. Academy Room - 505 Walnut Street MEMBERS PRESENT: Chair Mary Barger, Bill Tapper, Dick Van Allen, Don Roberts, Mike Benedetto, Barb Schwientek, Dan Olson, Kelli Huxford, Tom Feaski, and Lynne Dahl. MEMBERS ABSENT: Vice Chair Tom Lindquist and Tom Ollig. COUNCIL LIAISON ABSENT: Mayor Bruce Thielen. STAFF PRESENT: Rick Wolfsteller and Ollie Koropchak. IDC MISSION STATEMENT: To maintain and increase the industrial tax base and to create jobs in the City of Monticello, Minnesota. Call to Order. (Please read the minutes and information prior to the meeting.) Chair Barger called the meeting to order at 7:00 a.m. 2. Vote to approve the October 7, 2003 IDC minutes. TOM FEASKI MADE A MOTION TO APPROVE THE OCTOBER 7, 2003 IDC MINUTES. SECONDED BY DAN OLSON AND WITH NO CORRECTIONS OR ADDITIONS, THE MINUTES WERE APPROVED AS WRITTEN Vote to approve a recommendation for City Council consideration to authorize preparation of a purchase agreement for acquisition of said property for industrial development. Koropchak made a presentation using over-heads of the process and information gathered by the Subcommittee of HRA Dan Frie, IDC members Mary Barger and Dick Van Allen, Administrator Wolfsteller and herself. Through the researched information, the group was able to narrow a site for recommendation to acquire for industrial development consistent with the IDC/HRA goal to provide a continuous stream of available industrial land with infrastructure potential. With the recommended site being the Otter Creek Crossing 114+- acres at a cost of approximately $70,000 per acre for land acquisition, street and utility infrastructure improvements, and trunk fees; Ehlers & Associates ran a cost analysis using TIF revenues over 20 years with an annual 50,000 sq ft building and five acre build-out. Expenditures included 5% interest rate for internal loan (land), 4.5% interest rate for bonds (infrastructure), and 3% inflation rate for trunk fees. Given this analysis, the City would need to sell or market the land for at least $33,000 per acre or .7575 per square foot. Next, the IDC reviewed a comparison of the current TIF finance method and the proposed TIF finance method wherein the developer's investment of up-front monies is less, the city retains all of its tr~mk fees, and is wiser use of marketing funds. Lastly, the IDC reviewed the recommendation and rational of the subcommittee. Wolfsteller suggested the use of city reserves for cash buy-out as this a better investment (interest rate) than what he could currently get on any other investment. The HRA/City have a combined $931,000 in reserve funds. MIKE BENEDETTO MADE A MOTION RECOMMENDING THE CITY COUNCIL • CONSIDER AND APPROVE AUTHORIZING THE PREPARATION OF A PURCHASE AGREEMENT FOR ACQUISITION OF APPROXIMATELY 1 14-120 ACRES OF OTTER CREEK CROSSING FOR INDUSTRIAL DEVELOPMENT SUBJECT TO TERMS AND CONDITIONS OF THE CITY COUNCIL. MOTION SECONDED BY TOM FEASKI. Bill Tapper asked if the motion included the suggested terms and conditions. BENEDETTO AND FEASKI AMENDED THEIR MOTION TO INCLUDE THE SUGGESTED TERMS AND CONDITIONS: COUNTER-OFFER OF 10% DISCOUNT FOR CASH (.55 CENTS PER SQUARE FOOT), COUNTER-OFFER EXPIRES NOVEMBER 30, 2003, CLOSING DATE OF NOVEMBER 2004, MINING TERMINATES NO LATER THAN MAY 1, 2005, SUBJECT TO SOIL TESTS, TOPOGRAPHIES, DEFINE BOUNDARIES, AND SUCH ITEMS DESCRIBED BY CITY COUNCIL AND THE CITY ATTORNEY. COUNTER-OFFER BASED ON HIGH COST TO DEVELOP INFRASTRUCTURE. WITH NO FURTHER DISCUSSION, THE MOTION AS AMENDED CARRIED ON A 9-0 VOTE. LINDQUIST, OLLIG, AND DAHL ABSENT. The IDC members were encouraged to attend the City Council Workshop on Monday, November 10, 2003, at 6:00 p.m. Tapper noted a great job done by the subcommittee. 4. Updates by Mayor Thielen: A. Progress of annexation a{~reement and future township/city council meetings Wolfsteller informed the IDC that the Council approved a resolution for annexation of 11,000 acres of the Monticello Township for the purpose of planning. This would leave the township will approximately 20,000 acres. Currently, the city is about 5,000 acres. A meeting has been set for Monday, November 10, 2003, at 5:00 p.m. in the Council chambers. The Mayor of St. Michael offered to meet with the council and township board to share their expertise and experience of the Frankfort Township/St. Michael merger of 1997. B. Meeting of city officials to set 2003 Council's Community Vision & Governing Policies Nothing to report. C. Update and progress on the proposed I-94 and County Rd 18 interchange and I-94 realignment. Wolfsteller reported a meeting is set for Friday, November 7, with the developers who are looking for numbers. Numbers are not final nor are the funding sources. Wolfsteller expressed, yes, it will happen. Eight million for the off/on ramps, County Road 18 bridge may be widened to 4 lanes with signals. Land costs are unknown. MNDOT wants to realign and needs new ramps. Earliest start 2005. 5. Reports: A. Economic Development Report -With no questions of the economic development report, the IDC members accepted the report as written. 6. Discussion on and to continue development of a list of potential tasks to accomplish the o~ al of the IDC: To provide a continuous stream of available industrial land with infrastructure potential. A. Review the draft copy of the November 3 2003 Planning Commission Agenda for industrial related items. Discuss and vote on an IDC position or action if necessa~. Koropchak informed [DC members that since the draft copy of the Planning Commission agenda an item from Applicant Otter Creek LLC was added: Consideration of a request for a Concept Planned Unit Development approval for residential and industrial uses. Planning staff is recommending the concept plan be approved only with the industrial fronting the frill length of the power transmission lines, a depth for industrial lots of no less than 400 feet, and adequate 2 rear yard areas to satisfy the City's bufferyard requirements. IDC members agreed this would add additional industrial land to market along proposed Center Road. Koropchak indicated she would attend the Planning Commission meeting. 7. Other Business. Chamber Updates -Chamber Chair Feaski reported the November 20th Chamber meeting will host or honor past Chamber Chairs, Home for the Holidays is December 5, the Travel Host Magazine features Monticello as draw for swans, Chamber looking for a joint partnership with the City/EDA to fund a billboard along I-94, and Saturday, January 23, has been set for the Annual Chamber Banquet featuring Casino Night as entertainment. Adjournment. BARB SCHWIENTEK MADE A MOTION TO ADJOURN THE IDC MEETING. SECONDED BY DON ROBERTS AND WITH NO FURTHER BUSINESS, THE IDC MEETING ADJOURNED AT 8:30 A.M. ~~ ~~ ~ c~..9~ Ollie Koropchak, Recorder • 3. ECONOMIC DEVELOPMENT UPDATE November 24, 2003 Council members -This is an update to the Council motion of November 10, relative to potential purchase of Otter Creek Crossing. Request extension of Chadwick Letter of Intent and table authorization to prepare a purchase agreement to February 9, 2004, and continue negotiations. The Council tabled the agenda item to first review costs for proposed I-94/County Rd 18 interchange. The Small Industrial Group (HRA Commissioner Dan Frie, IDC Members Mary Barger and Dick Van Allen, Rick Wolfsteller and Ollie Koropchak) met on Friday, November 14, 2003, with John Chadwick and Paul Bilotta. John Chadwick agreed to extend his Letter of Intent to Febntary 10, 2004, with the right to continue marketing the property. We also discussed various shared cost options and alignments for infrastructure improvements particular Chelsea Road. Based on discussion and to continue negotiations, the City Administrator will prepare a non- binding Letter of Intent responding to Chadwick's original offer or Letter of Intent. The non- binding Letter of Intent to be available to Chadwick prior to Thanksgiving or Wednesday, November 27, 2003. Wolfsteller and Koropchak met with Bret Weiss on Wednesday to further discuss infrastructure costs and street alignments. The Small Group will meet on Monday, November 24, at 9:00 a.m. to review the Letter of Intent prepared by Wolfsteller. As a means of keeping the City Council informed, the Small Group request the Mayor or a Council Member attend the Small Group meetings. The meetings are called as need be. The intent of the Small Group and potential seller is to complete negotiations of terms and conditions via anon-binding Letter of Intent for Council action on February 9, 2004. Ollie Koropchak, Economic Development Director • CITY OF MONTICELLO LETTER OF INTENT INDUSTRIAL LAND ACQUISITION OTTER CREEK CROSSING November 25, 2003 Size: 120+- acres including approximately 106 acres of industrial land and 14 acres of designated water features. The area shall be measured from the center line of Chelsea Road as contained in the engineer's feasibility report, and exclude proposed residential parcels in south corner. Letter of intent is subject to soil tests, topographies, defined boundaries and such items as described by the City Council and City Attorney. Price: $23,90 per acre or $.~~/sf for the 106 acres. Total estimated price $2,874,000. Terms: $10,000 earnest money at time of purchase agreement. $900,000 cash at closing with the balance payable at ~% interest plus $100,000 principal per year for 10 years, then a balloon at the end often years. ;~ acres of industrial land to be released at closing, (exact location to be determined). Additional acreage released Vii! $23,90 per acre. Buyer retains right to prepay contract at any time without any prepayment penalty. • Date of Closing: November 30, 2004 Mining Operations: Mining operations to terminate no later than May 1, 2005. Chelsea Road Extension (Realignment): A- Street and Utility Costs to be allocated to property benefitting along Chelsea Road based on front footage of developable property (estimate 3,930 feet to property north of Chelsea and 2,191 feet south of Chelsea Road extension). B- Realignment cost for acquisition ofright-of--way; cost for extension of 90`n Street and other miscellaneous cost assigned as part of the original Chelsea Road development to be allocated to the Otter Creek and Citv properties on a square foot and valuation basis as determined below to correspond with market valuations of commercial and industrial property served by re-aligned road. Estimate of total square feet of developable land area lying north of Chelsea Road. Alignment x a factor of 2.5 = 4,660,920 S.F. (Planned commercial zoning) (42.8 Ac). • 2. Estimate of total square feet of developable land area lying south of Chelsea Road, a distance equal to depth of property north of Chelsea Road to freeway ~ 1.0 = 1,045,440 S.F. (Industrial zoning) (24 Ac). • 3. Divide total costs by total square feet to arrive at per sq. ft. costs to be allocated to Otter Creek ,c 81.6% and City parcels ~ 18.4%.. Sale of Excess Land from ROW Acquisition: Excess land remaining from the "Rask'' parcel lying north of Chelsea Road alignment to be purchased by Otter Creek owners at $5/sf (26,049 sf or $130,240. Excess land south of Chelsea Road extension to be purchased by City at $2.~0/sf (71,099 sf or $177,747). The above purchase prices to be deducted from cost of right-of-way acquisition to determine amounts to be allocated under Item #B-Chelsea Road Extension. 33 foot strip of land (former 90`h Street) to be purchased by Otter Creek owners at $5/sf. Survey: Boundary survey and Alta survey of entire parcel available: Boundary survey of this parcel provided by Seller. If AI_TA standard desired by Buyer, that shall be at buyer's expense. • Cooperation on annexation: Seller will cooperate on with Buyer/or end-users on development approvals including annexation. Mining Area Clause: Mutually agreed upon grades and elevations to govern. If grades not met then Seller to restore to that elevation. (Note, with the addition of School Blvd. the stormwater management options and therefore grades have changed.). Seller will continue to occupy portions of mining area until May 1, 200. Infrastructure: Area is currently not served, except haul road. Use of haul road ceases when platted. dedicated and constructed public road becomes available. Vb'hen constructed, 10 year payment on assessments, if any. Wetlands/Phase I Environmental Studies: Seller shall provide all studies in hand at no cost to purchaser. Ollie Koropchak From: Ollie Koropchak Sent: Wednesday, November 26, 2003 11:10 AM ~o~ 'bthielen@ci.coon-rapids.mn.us' Subject: Industrial small group meeting Happy Thanksgiving Bruce. I'm assuming since on November 24 the Council did not address the request of the Small Industrial Group for the Mayor or Council member to attend the small group meetings that you were the party interested. Please let me know what time of the day works best for you. Morning or late afternoon. Rick prepared a Letter of Intent which was faxed to Chadwick today. The small group can negotiate but without input from Council particular on options for financing we are spinning our wheels. At this point, we do not have a meeting scheduled, meetings are scheduled as need be. Thanks. Ollie • • IDC Agenda - 12/02/03 SA. Economic Development Report: a) Marketing Committee -Voted to partner with Chamber of Commerce for I-94 billboard. Committee costs between $2,000-$3,000 for athree-month trial rental. Chamber costs $1,350. The billboard will market the trumpeter swans as tourist attraction. Secondly, authorized one-year membership with US projects as a source for industrial leads. Annual cost $625. b) Otter Creek Crossing -Visited with CB Richard Ellis the other day. They are marketing Otter Creek on behalf of Chadwick. Large grocer distribrition user now looking at Big Lake and Becker. Don't want freeway exposure, would purchase excess land for berm. Time frame for decision: Jan, Feb, or March. No response to jobs, wages, and tru~c traffic. c) Attached letter requesting close-out of TIF Districts. d) Wright County Economic Development Partnership -Mayor Thielen and Administrator Wolfsteller attended the board meeting on November 21, 2003, at UMC. The Mayor gave an update of activities in Monticello. e) 20,000 sq ft building -manufacturer of granite counter-tops looking to construct between Albertville and Clearwater. This St. Cloud company decided to build outside Waite Park per agent. f) Community Development Assistant - An individual has accepted this position and will start the first part of December. g) Star Tribune Article - TCDC. h) Big Lake Information as provided by Dick Van Allen. • q ~. • Pawlenty, commerce secretary witness manufacturing decline By Conrad deFiebre Star Tribune Staff Writer Touring a noisy Minneapo- lis die-cast factory hard-hit by job losses blamed on unfair foreign competition, Gov. Tim Pawlenty and U.S. Commerce Secretary Don Evans saw first- hand Thursday alittle-men- tionedfacet ofthe problem: Casting machines from Switzerland and Italy, robotics from Sweden and Germany, brand-new computerized milling devices from Japan. Twin City Die Castings Co., the 84-year-old, family-owned firm that played host to the dignitaries, says buying state- of-the-art manufacturing equipment from other coun- ties is the only way it can stem. the drain of its own parts- making business to foreign lands. "We're not proud of the fact that all of our machine tools come from overseas," said Steve Hannon, Twin City pres- ident and CEO, after his high- levelvisitors had left fora Min- nesota Chamber of Commerce luncheon where Evans spoke about the Bush administra- tion's efforts to revitalize U.S. manufacturing. "We have to go someplace," Harmon added, noting that al- most no U.S. makers of such equipment remain-in busi- ness. "We're' wired to the world, whether we want to be or not." Twin City employs 240 workers at plants in Minne- apolis, Monticello and Water- town, S.D., but that is 100 few- er than just two years ago. Across Minnesota, 46,000 manufacturing jobs have dis- appeared inthe same period. Many former Twin Crty cus- tomers have turned to compa- rable aluminum, magnesium and zinc castings produced by cheap labor in China, Malaysia and Singapore, Harmon said. Meanwhile, about half of the remaining customers are for- eign. Twin City rings up $40 million to $50 million sales an- nually, Harmon said. In trying to compete, the company hasn't raised wages in several years while investing more than $16 million in equipment, some of it assisted by President Bush's business tax breaks. But Harmon isn't sold on tax cuts as a way to save U.S. factories. "That just gives my cus- tomers more money to go to China," he said. Harmon said his firm would get more of a boost if China were forced to let its cur- rency float on the world mar- ket, clean up environmentally and set stronger labor stan- dards. Evans, in his half-hour ad- dress to the chamber at the St. Paul Hotel, emphasized do- mestic changes as a way to prop up the U.S. manufactur- ing. sector: less onerous busi- ness regulations; an end to "junk lawsuits"; a rein on health care costs, especially via medical malpractice reform; passage of Bush's energy bill and permanent tax relief. He also denounced China's "closed markets, trade bam- ers, state subsidies and ram- pant intellectual property theft" as well as "a loss of mo- mentum" in China's move- ment toward compliance with World Trade Organization standards. "Right now, China is not competing on a level playing field," he said. But threats in Congress to impose tariffs on Chinese imports and repeal its favored-nation trade status are not supported -by the ad- ministration "because free trade is the best policy for American workers in the long run," he said. Conrad deFiebre is at cdefeebre@ytartribune.com. Page 1 of 1 Ollie Koropchak From: bondhus28 [vanallen@bondhus.com] Sent: Monday, November 17, 2003 8:08 PM To: 'Mary & Brad Barger' Cc: Ollie Koropchak Subject: Cargill Kitchens 2003-11-17 Mary Barger c: Ollie Koropchak Re: Tour of Cargill Kitchen plant ~h. Sally (my wife) and I took while this tour and missed the IDC meeting. Also among the tour attendees Tim Zipoy of the Minnesota Job Center,Monticello, MN. Tour Purpose: To acquaint those interested with what goes on in the plant Tour guide -Plant manager Kevin Lofton) Product Development Manager Steve Grinnell The plant was originally scheduled to be built with a company in Marshall, Mo., as the culmination of a 3 year process. The original partner developed cold feet at the last minute because they did not have experience in the food preparation freld. Cargill Kitchens looked at Cockato and Monticello. One of the bidding contractors, Mark Stangus asked if they had looked at Big Lake. Early meetings with the city included Big Lake City Staff and other officials giving the impression they pushed progress'~nd had a high degree of interest in the company locating in Big Lake. From the decision to go onward the city'~ield special meetings to push the project, solve problems and differences between design, planning commission and the builders. The project ran from 2002 Sept to 2003 May 10 when the first product was shipped to customers and included requirements for refrigeration using ammonia and FDA approval Current FTE 47, 17-18 from Big Lake, 10 from Monticello. Introduction of additional food entres is planned and added room for expansion has been provided. Dick Van Allen 2003 Nov 17 n U 11 / 18/2003 s Big Lake Industrial Park East Projects Business Name Lot Size Building Size A.J. Machinery 3.10 Acres 16,000 square feet ATABOY Manufacturing 2.20 Acres 20,000 square feet Car ill Kitchens 7.00 Acres 41,200 square feet Elk River Triple J Investments 2.30 Acres 30,000 square feet LandCor Construction Phase I 4.10 Acres 48,000 square feet John Weicht & Associates 4.00 Acres 40,000-80,000 square feet Paragon Store Fixtures, Inc. 3.44 Acres 32,000 square feet Thompson Woodworking 2.00 Acres 11,300 square feet Whirl-Air-Flow 5.50 Acres_ __ 48,500 square feet Available Vacant Buildin 2.03 Acres _ _ 13,500 square feet Totals 35.67 320,500 square feet '`Custom Sheet Metal -Proposed 14,000 square foot building. Performance Measure • Goals Established at the Onset of the Park Jobs per acre: (5 acres) Land to building ratio: (4:1 sq. ft.) Developed Land Assessed Value: ($250,000/acre) Open Storage: (Not allowed) Years to pay back incentives: (5 to 6) Percent of building coverage on lots: (50%) Transportation Projects?: (None) Return on investment: (approximately 17%) • Current Status of Goals 4.2 jobs/acre 4.6 sq. ft. $320,435/acre None Not determined 21.40% None Not determined Excel/Edallndustrial Park/BLIPE Projects i PUBLIC INVESTMENTS Business Land Site Prep EDA Name Value Assessments Assistance Loans Total A.J. Machinery TIF $0 $27,000 $74,500 $101,500 ATABOY Manufacturing TIF $0 $35,000 $74,900 $109,900 Car ill Kitchens TIF $98,899 $106,800 $0 $205,699 Elk River Triple J Investments TIF $39,706 $27,500 $0 $67,206 LandCor Phase I TIF $0 $28,000 $0 $28,000 John Weicht & Assoc. TIF $0 $0 $0 $0 Para on Store Fixtures TIF $56,000 $45,000 $66,000 $167,000 Thompson Woodworking TIF $25,082 $25,000 $74,500 $124,582 Whirl-Air-Flow TIF $62,591 $65,000 $0 $127,591 Available Vacant Bld 1.-l__t-.._l.. r_. TIF $31,500 $0 $0 $31,500 11 I IQJU UlilUl G LJI~,JGI WGJ I VI ~ I f- G- ~ I-I UL1Cf UC5 - ~3'~FV,000.UU l otai investment ~ $y62,978~ Increased Public Service Costs Police $6,000.00 Fire $0.00 Roads/Streets $5,000.00 Sewer/Water/Wast Treatement $10,000.00 Education $0.00 Recreation $0.00 Average Annual Payroll ~• $2,000,000 ------- ----- --- -_ _.._ ~. $1,500,000 - - - - - --- $1,000,000 - - - -- -- - _ $500,000 ~- ~ ~ - $0 ~ ~ -- - ~- d~i • c O m = ~ 'om m o~ a~~i rn iu a c c o -~ E u 2 'c Q Q U ~ ~~ V .V+ Y t0 (n ~ t+ Q I? O. 3 ~ _ N N w L LL ~ a a - >, c~ o o ~ ~ ~ ~~ Number of Employees Whirl-Air-Flow Westrum Electric Thompson Woodworking Rays Abbey Carpet Paragon Store Fixtures Cargill Kitchens ATABOY Manufacturing A.J. Machinery r 0 ~ 5.5 I ~ ! i ~ I ~ I ~ 11 ~ ~ ~~ ~ ~ 3 I20 I'/ ~~~ C~ ~/`Y I I 11 ~ 2. ~C,t"tirn~5 ~.d7M~[ ~~( i i ! C T~ 5 10 15 20 25 30 35 40 45 U aoo E o 00 T N a_o lU ~ H c in a~ ~ E vi o ,c a ~ E ~ W 6 L0 r T Excel/EdallndusGial Park/BIIPE Projects ~oca~ 8~ Economic Ins p *Annual Purchases of Goods/Services: $86,500 *Annual Natural Gas/Electricity: $24,200 *Annual Public Utilities: $22,000 TAX IMPACT FIGURES Year Property Tax Amount Estimated Property Tax 2003 $157,000.00 Estimated Property Tax 2004 $259,000.00 Estimated Propert Tax 2005 $337,000.00 Private Sector Investment A.J. Machinery $sso,ooo.oo ATABOY Manufacturing $~ao,ooo.oo Cargill Kitchens $z,zso,ooo.oo ER Triple J Investments $1,100,000.00 Injection Mold Technologies $735,000.00 LandCor Construction Phase I $1,00,000.00 John Weicht & Associates $0 Paragon Store Fixtures $1,aoo,ooo.oo Thompson Woodworking $510,000.00 W hi rl-Air-Flow $ 2,130,000.00 Total s ,1,285,000.00 OTHER BENEFITS 1) More Local Jobs =Stable Community 2) Improved Community Identity 3) Larger Business Base =More support for community groups/organizations such as the Chamber, Lions, Jaycee's, • Knights of Columbus, etc. IIANUFACTUR'ING ExceUEda/Industrial Park/BLIPE Projects c~ R . AGENDA REGULAR MEETING - MONTICELLO PLANNING COMMISSION Tuesday, December 2, 2003 6:00 p.m. Members: Dick Frie, Richard Carlson, Rod Dragsten, Lloyd Hilgart and David Rietveld. Council Liaison: Brian Stumpf Staff: Jeff O'Neill, Fred Patch and Steve Grittman Call to Order. 2. Approval of min~rtes of the regular Planning Commission meeting held November 3, 2003. 3. Consideration of adding items to the agenda. 4. Citizen comments. 5. Public Hearing -Consideration of a request for conditional use permits to allow 24 townhouse units in an R-2 District and a request for preliminary plat approval. Applicant: Homestead Multi-Family Development Corp. 6. Public Hearing -Consideration of a request for a simple subdivision for 824 East River Street. Applicant: Kaz/Pingel 7. Public Hearing Consideration of a request for a conditional use permit to allow for first floor residential units in the CCD and concept stage approval for a PUD. 8. Public Hearing -Consideration of amendment to Downtown Revitalization Plan to allow building setback to accommodate front yard parking on Block 52. Applicant: Steve Johnson. 9. Public Hearing -Consideration of amendment to Comprehensive Plan to allow front yard parking on Block 17. Applicant: Wells Fargo 10. Adjourn DAWN/WORD/FORMS/PLANNING COMMISSION AGENllA