10.2 SR 02-07-2022 - Laserfiche WebLink

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From: Annie Deckert <annie@decklangroup.com> Sent: Tuesday, February 1, 2022 1:45 PM To: Carlton, Zachary <zcarlton@ElkRiverMN.gov> Subject: Re: Property - GATR We appreciate you revisiting our LOI to purchase additional land adjacent to our property to support the continued growth of our company. Unlike businesses surrounding us (i.e.: Sportech, Preferred Powder Coating), when we chose Elk River for our 3rd location, we were unable to purchase a site from the city that would support our future growth, we made ourselves comfortable with our current site, due to the vacant land to the east. We felt that should Cargill decide to market the adjacent property, or we approached the capacity of our existing site, we would negotiate for the additional space we needed at that point to secure our future in Elk River. That option was eliminated by the city's off -market negotiations with Cargill to acquire the property for speculative development. This is why we have approached the city with our offer and desire to negotiate a purchase of adjacent acreage. We invested over $12M in our facility, we have seen continued revenue growth, added employees (currently over 70), partnered with many local businesses, local schools, and community organizations, also generating millions of dollars in taxable sales that contribute a substantial sum to Elk River's local option sales tax. Our annual property taxes are comparable to our neighbors, and our average employee wages are higher than most manufacturers in the area. We've seen consistent success and revenue growth over the past two years (despite the pandemic) and we are asking you to continue supporting our business and growth by allowing us to purchase a portion of the property adjacent to us for future business expansion. This property will ensure we are able to expand our building in Elk River in the future, and in the interim, we will be able to increase our sales revenue through using the property in the near -term for additional vehicle sales and repairs. This land acquisition has the ultimate goal of building expansion, which will also result in job creation, property tax growth and local option sales tax growth. If we aren't able to acquire the property, as we reach capacity, we will need to explore sites outside Elk River for our expansion needs, which would be a loss to the city's economy and is an avoidable burden for our business through your partnership today. We appreciate you reconsidering our offer and look forward to continuing a positive partnership with the city. Annie B. Deckert, EDFP MPA Decklan Group, President, Co -Founder 763-568-9498 1 mobile annie@decklangroup.com decklangroup.com