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I <br />I <br />I <br />I <br />I <br /> <br />Cobus Trucking to move to the Gateway North Industrial Park and allow the City to <br />property along Sunfish Lake Boulevard with new industrial buildings. The land <br />G Land, Inc. will be broken into two portions; 11.23 acres that will see the(i ediat~? <br />construction of an approximately 40,000 square foot building that will be os ~ by both <br />Sauter and Cobus Trucking. The project also calls for an option that could h~i~rcl Mr. <br />Sauter for an additional 6.78 acres, which could possibly see the con: an ~i~nal <br /> <br /> o reem~ <br />~ ,,ement for tli'i~Sg~ <br />fi :mat except for <br />~, M~en prope~ <br />a business subsidy <br />in the l~age ~e <br /> <br />I <br />I <br /> <br />42,000 square foot of building space. The TIF agreement also <br />$100,000 in site improvements for the Maken property. The <br />project is in excess of 40 pages. The City has utilized a consistent <br />the dollar amount specific to this project and for the acqUisiti <br />west of Sunfish Lake Boulevard. The City Council will aL, <br />public hearing on January 9, 2000, as part of the TIF <br />passed through the City Attorney for his review. <br /> <br />Councilmember Anderson inquired as to why the <br />full-time job will be created. <br /> <br />requires that one <br /> <br />City' Administrator Norman replied <br />this particular operation will not cre <br />the land without condemnation. <br />and relocation costs would be <br /> <br />the City usually tries <br /> : new jobs, but it does <br /> the prop{ <br /> <br />Councilmember Zimmerman inquired <br />that business comply with their new job ret <br /> <br /> one job, but <br /> to purchase <br />cost would go up <br /> <br />system to make sure <br /> <br />City that <br />business rec, assis and in the p~ <br />with the TIF Spe, they have be <br /> <br />of new jobs is a State requirement when a <br /> has not had a good tracking system, but <br /> all of that information. <br /> <br /> Council be updated with that information in the <br /> future. <br /> <br />~~.~O~,.,..~xt.~y Council >..er Hendriksen, seconded by Mayor Gamec, to authorize execution of <br /> the dev~l~ppent ag ,;it. ~,~,, ~& G Land, Inc., contingent upon rewew by the C~ Attorne <br /> <br /> MoUon. cam~,.Vot~ng.,~;~. . o:~,~'eS' ~ayor Gamec, Counmlmembers Hendnk~en, Connolly, Anderson, <br /> =d Vo= Sone. <br /> <br /> Morion by Co.~..cdmember Co=oily, seconded by Counmlmember Hendnks, a, to set a date for <br />~5~a bus~ness subsi~ty pubhc heanng for T & G Land, Inc. for January 9, 2001. <br /> <br /> ~'9~ed. Voting Yes: Mayor Gamec, Counmlmembers Connolly, Hendnksen, Anderson, <br /> and~mmerman. Votmg No: None. ' <br /> <br />City Council/December 19, 2000 <br /> Page 17 of 19 <br /> <br />I <br />I <br /> <br />-105- <br /> <br /> <br />