10-05-1981 CC MIN - Laserfiche WebLink

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October 5, 1981 Page Two manufactures and sells fluid control devices used in the aero space industry, electronics, the petroleum industry, the commercial diving industry, and other general industries. Mr. Glesmann indicated that the Tescom Corporation is com- mitted to move its Pressure Controls Division out of it metropolitan Twin Cities location by January 16, 1982, and through efforts of some of the community mem- bers, has been able to enter into negotiations with the Elk River School District for a short term lease for a poriton of the Salk. Junior High School. Mr. Glesmann explained that the Pressure Controls bivisionwould be considered a light manu- facturing industry and would not create adverse affects on the school or the com- munity. Mr. Glesmann indicated that it was the intent of Tescom Corporation to locate permanently in the City of Elk River and after the lease agreement was agreed to with the School. District, Tescom Corporation would be asking the City of Elk River to supportan industrial revenue bond for the financing of a permanent facility. Mr. Glesmann indicated tha ti',the permanent facility would consist of approximately 35,000 to 50,000 square feet, and would be a<l!:2 to 2 million dollar project. Mr. Glesmann indicated that Tescom Corporation would possibly be approach- ing the City of Elk River within the next two to three weeks, regarding industrial revenue bonds and further indicated that plans are now on the drawing board for the building, with an anticipated ground-breaking in the spring. Mr. Lloyd Brutlag, Business Manager for the Independent School District fl728, was present to inform the City Council of the School. District's intent to negotiate a l~ase with Tescom Corporation for a portion of the. Salk Junior High School. Mr. Brutlag indicated that the rental would be sufficient to cover the District's costs and comparable to other rents in the area. Mr. Brutlag further indicated that Tes- com Corporation would be using the east section of the building which consists of the shop areas and that the usage is consistent with the design of the facilities and intended use of those areas. Mr. Dick Gongoll, representing the Elk River Associated Investors, also asked the City's support of Tescom's request for industrial revenue bonds to build a perm- anent facility within the Elk River community. The Councilmembers reviewed and discussed the.findings and information in Resolu- tion 81-44. The Council felt that the resolution adequately stated the facts of the situation and agreed with the findings reflected. No additions or corrections to the resolution were suggested. Councilman Duitsman indicated his support of the Tescom Corporation's intent to locate a facility in the Elk River community. COUNCILMAN DUITSMA,NMOVED TO AUTRORIZE CONCEPT APPROVAL OF TESCOM'S REQUEST FOR INDUSTRIAL REVENUE.BOND.FINANCING.ON.A.NEW.FACILITY.WITHINTHE CITY.OF ELK RIVER. COUNCILMANENGSTROMSECONDEDTHEMOTION~ THE MOTION PASSED 4-0. 6. IndusttialL . Park. SanitarySewetLaterals The City Administrator indicated that Mr. Les Demorest of Mo-Con, Inc., located in the Industrial Park, has informed the Investor's Association and the city engineer that he would like to have the sewer lateral extended to the limits of his property, such that any future extensions would not require his property to be disturbed during construction. The City Administrator further indicated that City staff and the city engineer agree that Mr. Demorest's request is reasonable. The City Administrator also indicated that if the extension of the line is built