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2015-06-25 Council Special Mtg minutesCITY OF MENDOTA HEIGHTS DAKOTA COUNTY STATE OF MINNESOTA Minutes of the Special Meeting Held Tuesday, June 25, 2015 Pursuant to due call and notice thereof, the regular meeting of the City Council, City of Mendota Heights, Minnesota was held at 9:00 a.m. at City Hall, 1101 Victoria Curve, Mendota Heights, Minnesota. CALL TO ORDER Mayor Krebsbach called the meeting to order at 9:02 a.m. Councilmembers present included Duggan, Povolny, and Petschel. Councilmember Norton was absent. Also present were City Administrator Mark McNeill, Planner Nolan Wall, and City Clerk Lorri Smith. Representing Prime Therapeutics were Brian Holmes, Terry Baunigard, Ann Marie Woessner-Collins, and Gregg Fuerstenberg. Representing MN DEED was Jim Gromberg. AGENDA ADOPTION Mayor Krebsbach presented the agenda for adoption. Councilmember Povolny moved adoption of the agenda. Councilmember Duggan seconded the motion. Ayes: 4 Nays: 0 Absent: I (Norton) CONSIDERATION OF ASSISTANCE FOR PRIME THERAPEUTICS City Administrator Mark McNeill introduced the company Prime Therapeutics and their proposal for expanding their company into Mendota Heights. The location for this new business is at 1440 - 1444 Northland Drive. Brian Holmes, Senior Director of Enterprise Real Estate and Facilities Operations for Prime Therapeutics, provided background information on the company. This is a national company with more than 3,800 employees nationwide, with approximately 2,000 employees located in Minnesota. The company provides for the on-line filling of pharmaceuticals, benefits, claims resolution, and clinical outcomes and management. The expansion of this business would move some current jobs to this new location in Mendota Heights and also create a minimum of 375 new jobs over the next three years. Prime will be leasing the space which includes a total of 97,500 square feet. The landlord would invest $3.45 million in site and building improvements. Prime would invest a further $4.53 million into the location improvements. Improvements will include exterior and interior modifications for the business. Signage has not yet been discussed. June 25, 2015 Mendota Heights City Council Page 1 Jim Gromberg, representing the Minnesota Department of Employment and Economic Development, was present to explain the resolutions proposed. Resolution 2015-45, Regarding the Support of a Job Creation Fund Application In Connection with Prime Therapeutics, LLC, grants the Mayor and Council's approval of the project proposed and its application for a rebate from the Job Creation Fund Program. Motion by Councilmember Duggan to approve RESOLUTION 2015-45, REGARDING THE SUPPORT OF A JOB CREATION FUND APPLICATION IN CONNECTION WITH PRIME THERAPEUTICS, LLC. Councilmember Petschel seconded the motion. Ayes: 4 Nays: 0 Absent: I (Norton) Resolution 2015-46, Regarding Prime Therapeutics, LLC, approves the City of Mendota Heights as the legal sponsor for the funding of this project. The City will act as a pass through for the funding. The City is not obligated to provide any matching funds or direct fmancial participation. The city is not obligated for any performance or reporting requirements beyond the term of the loan. The loan is intended to be forgivable, assuming Prime makes the capital investments proposed and creates the jobs listed over the next three years. Motion by Councilmember Duggan to approve RESOLUTION 2015-46, REGARDING PRIME THERAPEUTICS, LLC. Councilmember Petschel seconded the motion. Ayes: 4 Nays: 0 Absent: 1 (Norton) Councilmember PovoIny moved to adjourn. Councilmember Petschel seconded the motion. Ayes: 4 Nays: 0 Absent: 1 (Norton) Mayor Krebsbach adjourned the meeting at 9:30 a.m. dra E rebsbac-b Mayor AT Lorri Smith City Clerk AM 25, 2015 Mendota Heights City Council Page 2