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2005 Comprehensive Plan (21MB PDF) Dog & Cat Licenses- EDA Agenda- EDA Minutes- Economic Development Programs- Liquor Licenses- Planning & Zoning Agenda- Planning & Zoning Minutes- Merchant Licenses
ECONOMIC
DEVELOPMENT AUTHORITY MEETING MINUTES – The meeting of the Saint Peter Economic Development
Authority was called to order by President Motion by Kvamme to approve the meeting agenda. Seconded by Eichmann, all voting in favor, motion carried. Motion by Motion by Kvamme, seconded by Eichmann to
approve the minutes of the DAYCARE LOAN PROGRAMS Wille noted that he has met with EDA President Favre and member Southworth to prepare proposed terms and conditions of an EDA loan program targeted to assisting day care operations. The working group has proposed two programs. The first loan pool would target existing day care providers. Interest free loans of up to $1,000 ($200 / child) would be available to assist in financing the purchase of fixtures, furnishings and dedicated appliances. The loans would be repaid if the day care facility were to close within the first five years of the loan. The second pool would provide loans of up to $10,000 ($1,000 / child) for the start-up of a new day care operation. The loan can be used to finance fixtures, furnishings, dedicated appliances and building renovations required by licensure. The loan would be forgiven at a rate of 10% / year and would not need to be repaid if the day care remained in operations for the full ten years. Loans of more than $2,500 would be secured by a subordinate mortgage and personal guarantee. Both loan programs would require that the borrower provide a copy of a recent credit report. The new facility loans would require that there be no unpaid real estate taxes due. Both loans would also require that the borrower agree to participate in the Kindergarten Readiness program as well as the Follow-Along Program offered by Nicollet County Public Health. Motion by MS & GS ENTERPRISES Wille announced that MS & GS has declined the proposed loan terms provided by Voyager Bank. They are currently seeking alternative funding from either US Bank or Pioneer Bank. A decision on the financing is expected before the August meeting of the EDA. It is suggested to forgo action on the other Chippewa or Exceed loans until such time as the primary financing is in place to allow for the building expansion. MGM LIQUOR WAREHOUSE The single family home is scheduled to be moved in the very near future. The loan has been closed and construction / demolition is to begin in the very near future. VET RX HOLDINGS The City is preparing for creation of a new tax increment
financing district which would assist in partially financing the building
improvements. Both the ISJ / MAYO The lease has been executed for ISJ / Mayo to build a clinic connected to the Saint Peter Community Hospital. The Sunrise Drive location has been rezoned to the C-5 Business / Professional Office district. PARKING LOT #5 I & S Group is finalizing a preliminary design that could be used to prepare a construction cost estimates. I & S is exploring both a two and three story option. It is presumed that the Food Coop would occupy the ground floor. Second floor offices and third floor residential options are being explored. AMERICINN The Americinn just recently completed an expansion of their mechanical / utility operations. PHEASANT RIDGE ASSISTED LIVING The Pheasant Ridge Assisted Living operations are planning to expand their building and services. Approximately 8 new rooms will be added to the operations. A public hearing regarding issuance of a conditional use permit is scheduled. CREATION TECHNOLOGIES A prospective buyer has been found for the existing Creation
Technologies facility on The KWIK TRIP Kwik Trip’s acquisition of the hotel site appears imminent. Kwik Trip would seek to demo the site in the near futures. Construction would likely be undertaken in the spring once the frost is out of the ground. ECUMEN Ecumen continues to work with the 1st OODLES The owner would like to provide for sidewalk improvements which would provide greater handicapped accessibility to his business. A cost estimate is being prepared for EDA consideration at the August meeting. GRAINMILLERS Grainmillers (dba Access
Marketing) has constructed two additional grain storage structures at their ADJOURN With no further business to conduct a motion was made by Saint Peter, MN 56082 Phone: (507) 934-0661 Fax: (507) 934-4917 E mail: cindym@saintpetermn.gov |
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