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JOBZ could save Heartland millions


Fri, Jun 11th, 2004
Posted in Features

PRESTON - According to the terms of the settlement reached between the city of Preston and Bob and Elaine Maust, the city will pay the Mausts $325,000 to drop all litigation against the city. If the city is able to enroll Heartland in the state JOBZ program, the cash settlement will be reduced to $150,000. By arrangement with the cityís insurance carrier, the cityís actual out of pocket costs will range from $18,750 to $57,500, depending on Heartlandís acceptance into JOBZ.

While the cash terms of the settlement are clear, less is known about the potential benefits Heartland will receive if the company is able to participate in the JOBZ program.

Started in January of this year, the state Job Opportunity Building Zones (JOBZ) gives tax credits and exemptions in taxes to eligible companies that have an agreement with cities enrolled in the program. The purpose of the program is to stimulate private investment that help creates new jobs.

There are ten zones throughout the state. Fillmore County joined hands with 11 southeastern and south central counties, including Mower and Houston counties, to form one job zone. Fillmore County cities that have joined the program include Chatfield, Fountain, Harmony, Lanesboro, Mabel, Rushford, Spring Valley, as well as Preston.

Qualified businesses for JOBZ include those in the zone at the time of designation, business start-ups in the zone, and business relocations from other states.

Last fall, Heartland had asked to be enrolled as a participating company in JOBZ, but was rejected by the Preston City Council. This was due at the time to the potential tax revenue the city would lose to Heartland through JOBZ tax exemptions.

In a letter to the editor in this weekís Journal, Preston Mayor David Pechulis estimates that Heartland will receive some $22 million in tax benefits over the 12 year life of the JOBZ program.

Using the JOBZ tax benefit calculator on the Minnesota Department of Employment & Economic Development website, Pechulis has plugged in a number of variables and allowed the calculator to arrive at its conclusions.

Because developer Bob Maust has yet to publicly detail a business plan for Heartland, Pechulisí $22 million in benefits is speculative at this point. The Journal came up with similar figures using the JOBZ calculator (profilin .....
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Lanesboro City Council Report: Detachment petition presented to council

Fri, Jun 11th, 2004
Posted in Features

Jim Wagner petitioned the Lanesboro City Council at their June 7 meeting for detachment of property belonging to him and his son Rob Wagner from the city of Lanesboro. Wagner currently has city water to his property; he and his neighbors paid the ent ..... 
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Preston City Council Report: Council approves easement for Midwest Wireless tower

Fri, Jun 11th, 2004
Posted in Features

The Preston City Council made short shrift of business at their regular meeting on Monday, June 7, completing their affairs in a mere 35 minutes.

The big item of the meeting was a decision by the council to enter into an agreeme ..... 
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Need to de-clutter? Itís time for a garage sale!

Fri, Jun 4th, 2004
Posted in Features

RUSHFORD - The weather this past month hasnít cooperated much in its usual role as harbinger of spring. But itís a sure sign that summer and warmer days are on the way when garage sale signs start popping up around town every weekend.

< ..... 
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City of Preston and Mausts reach out-of-court settlement

Fri, Jun 4th, 2004
Posted in Features

ROCHESTER - The city of Preston and Bob and Elaine Maust of Heartland Energy & Recycling have reached a settlement that would dismiss any litigation pending against the city. In return, the city agrees to assist Heartland enroll in the state JOBZ pro ..... 
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City of Lanesboro named in arson-related suits

Fri, Jun 4th, 2004
Posted in Features

Former Chief of Police John Tuchek and the city of Lanesboro have been named in four suits filed in Fillmore County District Court that are related to the April 2002 arson fire in downtown Lanesboro.

Tuchek was found guilty of s ..... 
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County Board sets public hearing for proposed Tax Abatement policy

Fri, Jun 4th, 2004
Posted in Features

Mark Thein, who jointly serves as Fillmore County and Harmony Economic Develop-ment Authority (EDA) coordinator, Mike Bubany, of David Drown & Associates, and Jerome Illg, Harmony City Administrator, readdressed a proposed county tax abatement policy ..... 
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Hinckley Holsteins

Fri, Jun 4th, 2004
Posted in Features

Not everyone can tell you the first day they started their current occupation, but Marlys Hinckley can. She can tell you that April 25, 1981 is the day that she and her husband, Dale, began their farming career together. Theyíve never looked back. [Read the Rest]

Practice makes perfect

Fri, May 28th, 2004
Posted in Features

FORESTVILLE - Lucy strains at her leash, as she is eager to begin work. She has been waiting in her cage for a couple of hours. The waiting is routine for Lucy. Her handler, Marie Christianson, tries to calm the seven year old Golden Retriever as the ..... 
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