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company malccs rotary wtlvc syste~ns that will be able to inflate semi-tires as the semi is going <br />down thc road. 'l'hcir valw,', system,; are used by the federal government for other applications as <br />it relates to the space program, in a{Idi!ion to applications in the auto industry. The company will <br />grow rapid ly and will certain ly hay{: more than 20 jobs. <br /> <br />(',ouncilmcmbc.~' Elvig asked if ther(: is any adjacent property that allows for expansion. <br /> <br />Consultant Muh'ooney replied the~c, is another lot adjacent to this lot that is currently vacant. <br />There is also a larj4e lot available fo: future growth behind this property as well. <br /> <br />Councilmemhcr Elvig stated he world like to make sure they keep their eye on this. It is hard to <br />get good businesses in Ramsey an0 they should do whatever they can to make sure the business <br />has the ability to expand. <br /> <br />Consultant Mulrooney indicated api~roximately 60 percent of the 30,000 square foot building will <br />be used at this time. Rotary Systems intends to lease out the remaining space and utilize it as <br />their corn pany gte ws. <br /> <br />Motion by Counci!membcr l,;Ivig, s. econded by Councilmember Pearson, to authorize a business <br />subsidy agreement with Rotary S/stems, Inc., and to authorize execution of a development <br />agreement with Rotary Systems, Inc., contingent upon review by the City Attorney. <br /> <br />Motion carried. Voting Yes: Mayor Gamec, Councilmembers Elvig, Pearson, Cook, Kurak, <br />Strommcn, and Zi~-mncrmm~. Voting No: None. <br /> <br />Case #3: <br /> <br />Report fi'om Finam e Committee <br /> <br />Councilmember t:,{vig reported thC: [~mance Committee met this evening and discussed the <br />Following cases: <br /> <br />(',ese #I A) I'urchase of Dr~tg Seized Car for City Use <br /> <br />Police Chief Way reported the Cit7 is in possession of a 1995 drug seized Lexus. They are <br />interested in using it for a staffvehicie For the Police Department. The payoff of the vehicle is <br />$600. The vd-~iclc may need a littl-~z bit of work, although it does have brand new brakes. The <br />vehicle has app~'oximately $0,000 miles. It would be put into service as an administrative car and <br />one of thc other vd~icles would be passed down or possibly sold. The rnaintenance on the old <br />squads is very high. and the gas mil,zagc 1nay also be much better on this Lexus. Staffwould like <br />direction fi'om thc Council ~:cgardi~,g tlfis issue. If the vehicle is sold the money would go into <br />thc drug forfeit[[re fund and 1Do used to purchase equipment. If it is determined this is a road <br />worthy cat' they xvo~_~Id get at leas'[ tx,, o to three years of use froln the vehicle. <br /> <br />C, ouncihncmbcr l:Svig reported the recommendation of the Committee was to recommend that <br />the (:ity (?ottn¢il approve the ttse of thc 1995 drug seized Lexus for staffuse. He does not know <br />that it was inadt: c(,nlingent that thc~'e would not be a tot of maintenance needed on the vehicle, <br /> <br />C it3' Council/May 25, 2004 <br /> Page 8 of 27 <br /> <br /> <br />