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Business subsidy for EZ Fabricating expansion


Fri, Oct 18th, 2013
Posted in Chatfield Government

The Chatfield City Council at its October 14 meeting approved a resolution to provide financial assistance to EZ Fabricating, Inc. to help with an expansion of the business.

Chris Giesen, EDA Coordinator, said he had been working with the owners for 12 months. The metal parts fabricating company started in 2004 and now plans to consolidate their operations to one of their existing sites. They will purchase more land and buildings from Tuohy Furnitureā€™s St. Albans Place location and build a 19,000 square foot expansion for additional manufacturing and office space. Also needed will be additional public infrastructure.

The request is for tax increment financing (TIF) from the city along with low interest loans from the EDA ($125,000 for 15 years at 1 percent interest) and the Minnesota Investment Fund (MIF) ($408,000 for 15 years at 1 percent interest). The company will reimburse the city for the cost of extending water and sewer lines to the property.

The company is required to create an additional 17 full time jobs within two years after the expansion is complete. Prorated repayment with interest is required if that goal is not met.

TIF District 3-4 will be established with a total benefit over nine years of $84,000. The city will also waive all development fees totaling $38,500. The total benefits including the loans are $655,500. The total cost of the 7.7 acre property purchase, additional 19,000 square foot expansion and necessary infrastructure (water and sewer) is $1.4 million.

During the public hearing on the business subsidy there was no comment from the public. There was a separate public hearing on the expansion of the boundaries to TIF District 3 on the Fillmore County side. The district is for manufacturing and industrial. Mike Bubany, David Drown Associates, discussed the details of that modification which will also include a possible expansion of Tuohy Furniture Corporation in the future. There was no public comment on the modification of TIF District 3.

The resolution regarding the business subsidy was unanimously approved for EZ Fabricating. The financial assistance includes the waiving of development fees, the $125,000 EDA revolving loan, the authorization for the city sponsorship of an application for a state loan in the amount of $408,000, and the TIF ($84,000). A resolution approving the modification of Municipal Development District 3 was unanimously .....
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Fillmore County Pork Producers
Hoffman Stables

Chatfield and Preston put on a show House: Capital Investment Committee Tour

Fri, Oct 11th, 2013
Posted in Chatfield Government

On Tuesday, October 8, 2013, members of the House Capital Investment Committee went for a road trip around Southeastern Minnesota to visit candidates requesting bonding support. Led by State Representative Alice Hausman, chair of the House Capital ..... 
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Neil Louis Snider

Wed, Oct 9th, 2013
Posted in Chatfield Obituaries

Neil Louis Snider, 87, of Chatfield, died Friday, Oct. 4, 2013, at the Chosen Valley Care Center in Chatfield. Neil was born Aug. 9, 1926, in Clayton, Wis., to Henry and Lydia (Meyer) Snider. He attended school in Clayton. He was drafted into the ..... 
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Chatfield Kwik Trip up and running

Fri, Oct 4th, 2013
Posted in Chatfield Features

After months of anticipation the city of Chatfield, Minn. has a brand new Kwik Trip with several innovative conveniences for their guests. Not only is the Kwik Trip building brand new, but the manager is new as well. Edward Copeman, 28, is no stran ..... 
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Doretta M. Shorter

Wed, Oct 2nd, 2013
Posted in Chatfield Obituaries

Doretta M. Shorter, 76, of the Dover area, died Sunday, Sept. 29, 2013, at Golden Living Center East in Rochester. Doretta was born Oct. 15, 1936, in Chatfield, to William and Emma (Oldenburg) McBride. She attended school in Chatfield and graduate ..... 
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Chatfield responds to complaints of vehicle noise

Fri, Sep 27th, 2013
Posted in Chatfield Government

By Karen Reisner Several Chatfield residents have complained about the loud noises created by large trucks as they enter the city from the south. At the city councilā€™s September 23 meeting the council approved the placement of signs which declare ..... 
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In the service - Kyle J. Hermanson

Fri, Sep 20th, 2013
Posted in Chatfield Social Scenes

Army First Lt. Kyle J. Hermanson won the U.S. Air Force ball coin design competition. Hermanson is an executive officer assigned to the Bravo Battery 6th Battalion, 52nd Air Defense Artillery at Suown Air Base, South Korea. The first lieutenant ..... 
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Chatfield details school district emergency plans

By Mitchell Walbridge

Fri, Sep 20th, 2013
Posted in Chatfield Education

By Mitchell Walbridge Chatfield School Board members met on Monday, September 16, which has been the first meeting since the beginning of the new school year. All board members were present for the meeting along with Superintendent Harris, Principa ..... 
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Ceremony honors soldiers killed in 1862 Dakota War

Fri, Sep 20th, 2013
Posted in Chatfield Features

By Joe Chase On Sunday, August 25, Chatfield Mayor Russell Smith and four others from Chatfield (Joel and Andrew Young, Michael Martin and myself) attended a memorial service at the cemetery at Fort Ridgely State Park, near Fairfax, Minn. It was an ..... 
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