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City of <br />Elk <br />River <br />City of Elk River <br />City Council <br />Resolution 19- 35 <br />A Resolution of the City Council of the City of Elk River Support of a job <br />Creation Fund Application in Connection with Hemmer Companies, LLC <br />WHEREAS, the City of Elk River Minnesota (the "City"), desires to assist Hemmer <br />Companies, LLC a limited liability company (the "Developer"), which is proposing to <br />expand its current fabrication and metal design business in the City through the acquisition, <br />renovation, expansion and equipping of an existing building located at 15970 Jarvis Street <br />NW in the City (the "Project") ; and, <br />WHEREAS, the City of Elk River understands that Hemmer Companies, LLC through <br />and with the support of the City, intends to submit to the Minnesota Department of <br />Employment and Economic Development an application for an award and/or rebate from <br />the Job Creation Fund Program ("JCF"); and, <br />WH EREAS, the City of Elk River held a city council meeting on August 19, 2019 to <br />consider this matter. <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk <br />River, Minnesota, as follows: after due consideration, , hereby adopts the following findings <br />of fact related to the project proposed by Hemmer Companies, LLC and its application for <br />an award and/or rebate from the Job Creation Fund Program and express their approval. <br />1. The Developer has represented that with assistance it will locate the Project in the <br />City and cause the creation of approximately 5 new jobs in the City. The City finds that the <br />Project is in the public interest because it will encourage the growth of commerce and <br />industry, prevent the. movement of current or future operations to locations outside <br />Minnesota, result in increased employment in Minnesota, and preserve or enhance the state <br />and local tax base <br />2. Based on the Developer's request for JCF funding and other assistance from the City <br />and Sherburne County and the City's understanding that the Project would not be located <br />within in the City if such funding assistance is not granted, the City finds that the Project <br />would not reasonably expected to occur solely through private investment within the <br />reasonably foreseeable future. <br />3. Because the Project is located in an area of the City guided for industrial uses, the <br />City finds the proposed project conforms to the general plan for the development or <br />redevelopment of the City as a whole. <br />P 0 M F R E R R 1 <br />NATURE <br />