HomeMy WebLinkAbout6.a. Discussion of Financing Package Options for Ergotron Inc. CITY OF ROSEbiOtTNT
EXLCIITIVE S�RY FOR ACTION
PORT AUTHORITY MEETING DATE: APRIL 19, 1994
AGENDA ITEM: PROPOSAL TO ERGOTRON INC. ' AGENDA SECTION:
OLD BUSINESS
PREPARFsD BY: JOHN MILLER, AGENDA NO.
ECONOMIC DEVELOPMENT COORDINATOR 6 . A.
ATTACffiKENTS: NONE APPROVED BY:
Under a separate cover the port authority members received a memorandum
analyzing some aspects of the Ergotron request for assistance in moving its
operations to Rosemount. As that memo noted, Rosemount is in competition
with three other Dakota County municipalities for the Ergotron relocation.
To assure some confidentiality in our competition, the members of the board
may want to direct Mr. Burt and me to prepare a proposal based on the
background material that has been developed for the board over the last
several weeks. The proposal would be reviewed by the port authority' s
marketing subcommittee before submittal to Ergotron. As you are aware, the
subcommittee members include Chairperson Carroll and Commissioner Anderson.
RECOb�NDED ACTION: Motion to direct the port authority staff to
develop a proposal for financial assistance to permit Ergotron Tnc. to
move its ope�ation to the city. The proposal shall be reviewed by
the marketing subcommittee.
PORT AIITHORITY ACTION:
� FiEQUtS 1 t-UN HtStHVAI 1UN Ut- NAMt
Business Services Division ��
Offlcs of the Secr�tary of Stat�
180 State Offlcs Butidin�
' � Satnt Paui, MN 6fi166
i hereby request the Secrotary of State to reserve the neme Usted below.I unde�stand that the name reserveilo�is valid foi
twelve mo�ths f�om the date on which it is filed and may be renewed fo�additional twelve mo�th periods,pursuant to
MM�esots Stetutes,section 302A.117. '
i. Desirod Name: Rosemount Business Park
Z. Reserved For: City of Rosemount, Mi,nnesota Port Authority .
(Nob: if this name is reaerved for an orflanization not yet fortned,Ibt the indivldusl who wiil be
signinq the docume�ts which will be submittsd at the time of the organization of the buainess.)
Located at: 28�5 - 145th Street West Rosemount
. (sw�t nun+bw! �d�1►!
Minnesota 55068
(stst�l l�l �
The appiica�t hereby states that the proposed nameholder is: � �
s. A person doing business in this state under that name of a deceptively similar name;
b. A person inte�ding to incorporete under Chapte�302A;
c. A domestic corporotion intending to chanye its name;
d. A foreign corporation intendin�to make application fo�a Certificate of Authority to transact business in
this state;
e, A foreign corporation authorized to trsnsact business in this atate a�d i�tendinp to change its name;
f. A person intending to incorporate a foreign corporation snd intendin�to have the fa�eign corporation
make applicetion for a Certificate of Authority to transact businass in this state;or
�. A foreign corpo�ation doing busi�ess under that name or a name deceptively similar to that nsme a�a
state othe�than Mi�nesota and not described in clauses d,s or f.
h. An agency of a Minnesota municipal corporation.
t c��tify that the foregoing is true and accurate and that i have the suthority to sign thia document�behalf of the pro-
posed nemehoidet,and i funher certify that 1 tu►derstand that by signing this rsservation,l sm subject to the penalties of
pery'ury as set forth i�section 609.48 as if I had sig�ed this reservatio�under oath.
Signed:
Position• �airperson, Rosemount Port Authority
sc-ov��2-02
INSTRUCTIONS: FOR USE BY THE SECRETARY OF STATE
1. Type or print with da�k black i�k.
2. Fili�g fee: 535.00.
3. Make check payable to Secretary of State.
4. Mail or bring completed fortns to:
Secretary of State
Business Services Division
180 State Office Building
Saint Paul,MN 55155
t612)296-2803 �
M E M 0 R A N D U M
TO: Tom Burt
City Administrator, Rosemount
FROM: Mike Miles i�'f-
City Attorne
DATE: April 14 , 1994
RE: Muller Theatre Negotiations
Since I was given the responsibility of setting up the
negot�iation sessions with Bob and Mike Muller and their attorney,
I wanted to update you on events regarding that negotiation.
Shortly after our meeting on Monday, April 11 , 1994 , I was
able to reach Bob Muller, and advised him that the Port Authority
had taken virtually all steps necessary to commence a final
negotiation on a price for purchase of the ten-acre property,
construction of improvements and related terms . I also suggested
times on April 12, 13 , 14 and 15 that Tom Burt and I would make
ourselves available in order to facilitate an early negotiation
session. Bob Muller indicated that he would have to get back to me
as to how they wanted to proceed at this point.
After repeatedly calling Dan Tyson, the Mullers ' attorney, I
was finally able to reach him in mid-afternoon on April 11 , 1994 .
I also provided the same dates to Mr. Tyson and indicated the Port
Authority' s eagerness to proceed with the negotiation.
I had not received a response from Mr. Tyson by mid-afternoon
on April 13, 1994, so I put in another call for him. He returned
my call at the end of the day and indicated that he would not be
meeting with the Mullers until the morning of April 15 , 1994 . He
indicated that he would call me after that meeting, but that a
negotiation session at any time this week could not take place.
I will keep each of you apprised as to developments . Please
call me if you have any questions .
JMM:gmo
�
cc: Kevin Carroll, Chair
Rosemount Port Authority
E. B. McMenomy, Jr. , Mayor
Joan Anderson
Port Authority Member
JAMES "RED" STAATS
2685 128TH STREET
ROSEMOUNT, MINNESOTA 55068
Dear Port Authority Commissioners:
Thank you for allowing me the opportunity to be a member of the
Port Authority Commission. I have found that the time required
to be both a Port Authority Commissioner and a City Councilmember
is very extensive and therefore wish to resign from the Port
Authority at this time.
I'm sure I will continue to see each of you and expect to be
informed as a City Councilmember of Port Authority issues.
Please accept my resignation from the Port Authority Commission
effective April 20, 1994 .
Sincerely,
�+�
James Staats
City Councilmember