| | | | | | | |  | ITEM: | 4.I.
| COUNCIL MEETING DATE:
| July 28, 2016 | | SECTION: | Consent Agenda |
Description:
Adopt Resolution Setting Public Hearing on Business Subsidy for Uponor, Inc., at 7:00 p.m. on August 11, 2016 | Staff Contact:
Bruce Nordquist, Community Development Director, AICP | Department / Division:
Community Development Department |
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| | | | | | | | ACTION REQUESTED:
Adopt resolution setting public hearing on Business Subsidy for Uponor, Inc., at 7:00 p.m. on August 11, 2016.
SUMMARY:
The City Council is asked to set a public hearing for the upcoming August 11, 2016, meeting, to be scheduled to consider a business subsidy of Minnesota Investment Fund Resources from the State Department of Employment and Economic Development. Uponor, Inc. has applied for these resources in cooperation with the City in connection with the expansion of their manufacturing facilities in Apple Valley at 5925 – 148th Street West.
The public hearing is intended to allow for discussion of financial assistance in the form of a business subsidy from resources available from the State of Minnesota for an increase in net jobs in the City that pay a livable wage.
BACKGROUND:
N/A
BUDGET IMPACT:
N/A
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