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HomeMy WebLinkAbout2015-02-18 PACKET 04.K. REQUEST OF CITY COUNCIL ACTION COUNCIL AGENDA MEETING ITEM # DATE 2/13/15 � , PREPARED BY: Economic Development Danette Parr ORIGINATING DEPARTMENT STAFF AUTHOR *�*���***************************�************** COUNCIL ACTION REQUEST Consider a resolution of support in relation to a Job Creation Fund application in connection with potential expansion plans at Renewal By Andersen. STAFF RECOMMENDATION Staff recommends approval of the resolution. ADVISORY COMMISSION ACTION DATE REVIEWED APPROVED DENIED ❑ PLANNING ❑ ❑ ❑ ❑ PUB�IC SAFETY ❑ ❑ ❑ ❑ PUBLIC WORKS ❑ ❑ ❑ ❑ PARKS AND RECREATION ❑ ❑ ❑ ❑ HUMAN SERVICES/RIGHTS ❑ ❑ ❑ ❑ ECONOMIC DEV. AUTHORITY ❑ ❑ ❑ ❑ ❑ ❑ ❑ SUPPORTING DOCUMENTS � MEMO/LETTER: Memo from Danette M Parr dated 2/12/15 � RESOLUTION: Draft Attached ❑ ORDINANCE: ❑ ENGINEERING RECOMMENDATION: ❑ LEGAL RECOMMENDATION: ❑ OTHER: ADMINISTRATORS COMMENTS �� � � `� , � � : l ��° ity Administrator Date ************************�**�**************��**** COUNCIL ACTION TAKEN: ❑ APPROVED ❑ DENIED ❑ OTHER CITY OF COTTAGE GROVE � MINNESOTA TO: Mayor and Members of the City Council Ryan Schroeder, City Administrator FROM: Danette M Parr, Economic Development Director DATE: February 12, 2015 RE: Resolution of Support for Job Creation Fund Program Background The Department of Employment and Economic Development (DEED) has created an economic development program called The Job Creation Fund (JCF). The JCF program provides job creation awards and capital investment rebates to designated businesses that retain or create high-paying, full-time permanent jobs and invest in real property improvements. The program is available statewide for manufacturing, distribution, warehousing, and other eligible business activities. To become a designated JCF business and receive benefits, a business mustwork in conjunction with the local government where the JCF business will be located. In anticipation of a potential expansion at the Renewal By Andersen facility in the Cottage Grove business park, the City has been working with Renewal By Andersen staff to seek JCF funds. As a part of the JCF application submittal to DEED, a resolution is necessary to solidify that the City supports the expansion and the JCF application. Recommendation Staff recommends approval of the resolution of support for the Renewal By Andersen JCF application to DEED. Necessary Action If the Council supports the resolution (attached), a motion and second should be made and the resolution approved. RESOLUI'ION NO. 2015-XKX RESOLUTION REGARDING THE SUPPORT OF A JOB CREATION FUND APPLICATION IN CONNECTION WITH RENEWAL BY ANDERSEN LLC WHEREAS, the City of COTTAGE GROVE, Minnesota (the "City"), desires to assist RENEWAL BY ANDERSEN LLC, a manufacturing company, which is proposing to construct an expansion of their facility in the City; and, WHEREAS, the City of COTTAGE GROVE understands that RENEWAL BY ANDERSEN LLC, through and with the support of the City, intends to submit to the Minnesota Department of Employment and Economic Development an application for an award and/or rebate from the Job Creation Fund Program; and, WHEREAS, the City of COTTAGE GROVE held a City Council meeting on February 18, 2015, where this item was considered. NOW, THEREFORE BE IT RESOLVED, the City of Council of the City of Cottage Grove, Washington County, Minnesota, hereby express their support for the proposed project by RENEWAL BY ANDERSEN LLC and its application for an award and/or rebate from the Job Creation Fund Program. Myron Bailey, Mayor Attest: Caron M. Stransky, City Clerk