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Res 2014- 07 Wuxi Apptec App to MN Job Creation FundCITY OF MENDOTA HEIGHTS DAKOTA COUNTY, MINNESOTA RESOLUTION 2014 - 07 A RESOLUTION SUPPORTING WUXI APPTEC AND THEIR APPLICATION TO THE MINNSOTA JOB CREATION FUND WHEREAS, WuXi AppTec is a proud member of the Mendota Heights business community located at 2540 Executive Drive in Mendota Heights, Minnesota; and WHEREAS, the City of Mendota Heights, Minnesota, desires to assist WuXi AppTec which is proposing to expand a facility in the City; and WHEREAS, the City of Mendota Heights understands that WuXi AppTec, through and with the support of the City, intends to submit to the Minnesota Department of Employment and Economic Development an application for an award and /or rebate from the Job Creation Fund Program; and WHEREAS, WuXi AppTec's current building footprint is 82,868 square feet and they are seeking to expand their operations in Mendota Heights by building out an additional 21,000 square feet in a second facility at 2520 Pilot Knob Road, also in Mendota Heights; and WHEREAS, this expansion will be used for their chemistry operations and will result in $1.1 million in capital investment and provide for the creation of eight jobs with salary and benefit packages of approximately $73,000 each; and WHEREAS, WuXi AppTec plans to further expand the headcount at their current location by an additional six employees with salary and benefits of approximately $62,000 each; and WHEREAS, these 2014 investments total $956,000 in employees alone, in addition to the capital and equipment investments that is planned. NOW THEREFORE BE IT RESOLVED, that the City Council of the City of Mendota Heights fully supports WuXi AppTec and their application for funding through the Minnesota Department of Employment and Economic Development Job Creation Fund. Adopted by the City Council of the City of Mendota Heights this 3rd of February, 2014. CITY COUNCIL CI OF MENDOTA HEIGHTS Lorri Smith, City Clerk an efa Krebsbach, ayor