Laserfiche WebLink
company makes rotary valve systems that will be able to inflate semi-tires as the semi is going <br />down the road. Their valve systems are used by the federal gove~nent for other applications as <br />it relates to the space program, in addition to applications in the auto industry. The company will <br />grow rapidly and will certainly have more than 20 jobs. <br /> <br />Councilmember Elvig asked if there is any adjacent property that allows for expansion. <br /> <br />Consultant Mulrooney replied there is another lot adjacent to this lot that is currently vacant. <br />There is also a large lot available for future growth behind this property as well. <br /> <br />Councihnember Elvig stated he would like to make sure they keep their eye on this. It is hard to <br />get good businesses in Ramsey and they should do whatever they can to make sure the business <br />has the ability to expand. <br /> <br />Consultant Mulrooney indicated approximately 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 company grows. <br /> <br />Motion by Councilmember Elvig, seconded by Councilmember Pearson, to authorize a business <br />subsidy agreement with Rotary Systems, Inc., and to authorize execution of a development <br />agreement with RotaLw Systems, Inc., contingent upon review by the City Attorney.. <br /> <br />Motion cm'ried. Voting Yes: Mayor Gamec, Councilmembers Elvig, Pearson, Cook, Kurak, <br />Strommen, and Zimmerman. Voting No: None. <br /> <br />Case #3: Report from Finance Committee <br /> <br />Councilmember Elvig reported the Finance Committee met this evening and discussed the <br />following cases: <br /> <br />Case #lA) Purchase of Drug Seized Car for City Use <br /> <br />Police Chief Way reported the City is in possession of a 1995 drug seized Lexus. They are <br />interested in using it for a staff vehicle for the Police Department. The payoff of the vehicle is <br />$600. The vehicle may need a little bit of work, although it does have brand new brakes. The <br />vehicle has approximately 80,000 miles. It would be put into service as an administrative car and <br />one of the other vehicles would be passed down or possibly sold. The maintenance on the old <br />squads is very high, and the gas mileage may also be much better on this Lexus. Staff would like <br />direction fi'om the Council regarding this issue. If the vehicle is sold the money would go into <br />the drug forfeiture fund and be used to purchase equipment. If it is determined this is a road <br />worthy car they would get at least two to three years of use from the vehicle. <br /> <br />Councilmember Elvig reported the recommendation of the Committee was to recommend that <br />the City Council approve the use of the 1995 drug seized Lexus for staff use. He does not know <br />that it was made contingent that there would not be a' lot of maintenance needed on the vehicle, <br /> <br />P62 <br /> <br />City CounciI/May 25, 2004 <br /> Page 8 of 27 <br /> <br /> <br />