HomeMy WebLinkAbout4.F.2. Approval of Minutes: February 12, 2013 Consent Business 4. F. 2.
SHAKOPEE
TO: Mayor and City Council
Mark McNeill, City Administrator
FROM: Julie Linnihan, Finance Director /City Clerk
DATE: 03/05/2013
SUBJECT: Approval of the February 12, 2013 City Council Minutes (F)
Action Sought
Move to approve the minutes from the February 12, 2013 City Council meeting.
Attachments: 02 -12 -13 City Council Meeting Minutes
OFFICIAL PROCEEDINGS OF THE SHAKOPEE CITY COUNCIL
ADJ. REGULAR SESSION SHAKOPEE, MINNESOTA FEBRUARY 12, 2013
1. Roll Call
Mayor Tabke called the meeting to order at 7:00 p.m. and roll call was taken.
Present: Mayor Brad Tabke, Councilors Pamela Schurman, Steve Clay and Jay Whiting.
Absent: Councilor Matt Lehman
Staff Present: Mark McNeill, City Administrator; Kris Wilson, Assistant City Administrator;
R. Michael Leek, Community Development Director; Bruce Loney, Public Works
Director /Engineer; Julie A. Linnihan, Finance Director /City Clerk;
2. Approval of the Agenda
Schurman/Clay moved to approve the agenda. Motion carried 4 -0.
3. Public Hearing to Consider Tax Abatement — Emerson Process Management
Whiting /Schurman moved to open the public hearing. Motion carried 4 -0.
Mark McNeill, City Administrator, explained that City has received a business subsidy
application from Emerson Process Management (Rosemount, Inc.) to acquire and complete the
existing former ADC 2 building in Shakopee.
Rosemount needs an initial 300,000 square feet of manufacturing and office space to meet their
five -year projected needs. Over the next five years, Emerson would create an estimated 500
jobs, 300 of which would be engineering related, and 200 would be manufacturing.
Emerson has requested $6 million in public assistance in order to make the Shakopee project
happen. Scott County is also negotiating a fiber optic cable service arrangement, which could
present a significant operational savings to Emerson at their multiple Twin Cities locations in
future years. The State of Minnesota has offered a jobs training grant, matching infrastructure
grant, and a Minnesota Investment Fund grant. The School Board of ISD 191 (Burnsville -
Eagan- Savage) has agreed to call for a public hearing on March 7th to consider property tax
abatement on their portion of the incremental new value.
In addition to the possible abatement of property taxes, the City of Shakopee could offer up to
125 Sewer Availability (SAC) credits; a waiver of City SAC access fees; a waiver of the storm
trunk water charge, and a forgivable loan of $350,000 (comprised of a $247,000 existing grant
balance and $103,000 in EDA fund balance).
Brian Harstad, Vice President of Finance for Emerson Process Management, presented Council
with an overview of the Emerson/Rosemount business and the products they produce.
Mikaela Huot, Vice President/Consultant with Springsted, Inc., presented to Council the how tax
abatement works as well as methods for financing, project costs, source of funding and a return
analysis.
Official Proceedings of the February 12, 2013
Shakopee City Council Page 2
Mayor Tabke asked if there was anyone in the audience that wished to speak at the public
hearing.
Bill Mars, 1279 Cider Circle, said the tax abatement request from Emerson/Rosemount would be
a good investment for the City of Shakopee and supports the project.
Clay /Schurman moved to close the public hearing. Motion carried 4 -0.
Schurman/Clay offered Resolution No. 7278, A Resolution Granting a Property Tax Abatement
for Certain Property in the City of Shakopee. Motion carried 4 -0.
4. Other Business
4.A Authorization to Enter into Contract with Great West Financial.
Kris Wilson, Assistant City Administrator, asked Council to consider entering into a contract
with Great West Financial for operation of a 457 plan for benefits- eligible employees of the City.
Clay /Schurman moved to authorize the appropriate officials to enter into the necessary contracts
with Great West Financial for provision of the U.S. Conference of Mayor's Deferred
Compensation Program. Motion carried 4 -0.
5. Adjourn
Schurman/Clay moved to adjourn to Tuesday, February 19, 2013 at 7:00 p.m. Motion carried 4-
0.
Meeting ended at 7:51 p.m.
Julie A. Linnihan
Finance Director /City Clerk
Kim Weckman
Recording Secretary