Business park TIF, agreements on Tuesday, May 15 council agenda

DELANO, MN – Several matters related to the West Metro Business Park are on Tuesday’s Delano City Council agenda.

Early in the meeting, the council will hold a public hearing for the proposed Tax Increment Financing District No. 12 for the park.

The TIF is expected to create about $1.7 million for business park businesses. Randy’s Environmental Services, Pizzey Ingredients, and Insolution Manufacturing have all requested financial assistance that the TIF district would provide.

Insolution has submitted an application for a site and building review, and conditional use permit for outdoor storage. The application calls for the construction of a 20,000-square-foot facility with plans for a future expansion of 15,000 square feet. More details of the application will be discussed at the meeting. The council is expected to act on the site and building plan review, conditional use permit, a TIF agreement with IM Properties, and a resolution authorizing the sale of property to IM Properties.

Pizzey Ingredients has also submitted an application for a site and building plan review. Pizzey plans a 15,000-square-foot facility. In addition to considering the site and building plan review, the council is expected to consider a development and tax increment financing agreement between the city and Lynn Holdings LLC.

In other business, the council will:

• consider a feasibility report for the McKinley Parkway and utility extension and a resolution approving the competitive, negotiated sale of $2,715,000 of general obligation bonds for the McKinley Parkway project and the street portion of Railroad Avenue.

• consider the Delano Fire Department escort policy, which states, in part, “The Delano Fire Department joins the community in celebrating significant accomplishments and may participate in ways that do not involve vehicular processionals or escorts with emergency vehicles.”

 

One comment

  1. blb says:

    I remember hearing from a certain city administater years back ” development pays for it self” thank goodness the taxpayers aren’t on the hook for the “much needed” industrial park……..

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