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04-25-16-R
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04-25-16-R
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ARDEN HILLS CITY COUNCIL – APRIL 11, 2016 6 <br /> <br />Councilmember Wicklund questioned how many members were in the Land O’Lakes co-op. <br /> <br />Mr. Glass stated that the co-op currently has 3,000 individual farmers and 850 cooperatives. <br /> <br />Councilmember Holmes requested further information from Land O’Lakes on where they were <br />looking to relocate if the City did not consider providing assistance. <br /> <br />Ms. Droege explained that Land O’Lakes evaluated several potential sites in the Twin Cities <br />metro area, along with a site in Wisconsin. Based on the information gathered, Land O’Lakes <br />wanted to remain in Arden Hills for the benefit of its current employees. This led Land O’Lakes <br />to contact the City, County, and State to seek assistance in getting over the financial hurdle of <br />building a new facility. <br /> <br />Councilmember Holden asked what the process would be for Land O’Lakes to receive the MIF <br />money from the State. <br /> <br />Mr. Glass reported that this was a very complicated process but noted that the State has been very <br />supportive of Land O’Lakes. He indicated that the State wants to keep these jobs not only in <br />Arden Hills, but also in Minnesota. <br /> <br />Councilmember Holden inquired how much money Land O’Lakes will be putting into the new <br />facility. <br /> <br />Ms. Droege stated that Land O’Lakes will be investing $80 million. <br /> <br />Mayor Grant reported that Land O’Lakes is a Fortune 200 company and discussed the <br />importance of having this company in Minnesota and in Arden Hills. He reiterated that the <br />proposed tax abatement will be applied only to the new building and not on the existing facility. <br /> <br />MOTION: Councilmember Holden moved and Councilmember Holmes seconded a <br />motion to Adopt Resolution No. 2016-013 Approving Property Tax <br />Abatement for Certain Real Property in the City pursuant to Minnesota <br />Statutes, Section 469.1812 to 469.1815, approving a Minnesota Investment <br />Fund Grant and Loan and Specifying the Terms Thereof. <br /> <br />Councilmember Holmes understood the importance of having more mass transit in the City of <br />Arden Hills. She discussed how the City is working to get additional public transportation routes <br />in the City given the fact that TCAAP will be developing as well. <br /> <br />Mayor Grant hoped that the new jobs from Land O’Lakes will assist the City in gaining <br />additional transit routes to the area. <br /> <br />Councilmember Holden understood that tax abatement could be construed to be corporate <br />welfare. She explained that she did not like TIF or tax abatements. However, she believed it was <br />important for the City to work to keep its growing companies with high paying jobs in Arden <br />Hills. For this reason, she would be supporting the request. <br />
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