HomeMy WebLinkAboutResolution No. 169-23 - Resolution - Supporting Job Creation Fund Application - Rion
RESOLUTION
Supporting a Job Creation Fund Application In Connection With Rion.
WHEREAS, the City of Rochester, Minnesota (the “City”), desires to assist Rion which is
proposing to expand its facility in the City; and,
WHEREAS, the City of Rochester understands that Rion, 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, the matter was considered at a regularly scheduled meeting of the Common
Council on August 7, 2023.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Rochester,
Minnesota, that the Common Council expresses their approval of, and hereby adopts the
following findings of fact related to, the project proposed by Rion and its application for
an award and/or rebate from the Job Creation Fund Program:
1. Finding that the project is in the public interest because it will encourage the growth
of commerce and industry, prevent the movement of current or future operations to
locations outside Minnesota, result in increased employment in Minnesota, and
preserve or enhance the state and local tax base. Findings include the Company has
considered the proposed expansion in other communities. The Company plans to
create 22 new full-time over a 2 year period.
2. Finding that the proposed project, in the opinion of the City Council, would not
reasonably expected to occur solely through private investment within the reasonably
foreseeable future. Findings include that the Company has also considered expanding
outside of Minnesota and that in order to facilitate timely project in Rochester, the
Company is looking for additional investment beyond its private investment.
3. Finding that the proposed project conforms to the general plan for the development or
redevelopment of the City as a whole. Finding indicates the proposed project is
consistent with the goals of the City Comprehensive Plan for diversification of
economy and compact development utilizing existing infrastructure.
4. Finding that the proposed project will afford maximum opportunity, consistent with the
sound needs of the City as a whole, for the redevelopment or development of the
project by private enterprise. Finding includes diversification of economy and
opportunity to take advantage of local diverse workforce.
PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF
ROCHESTER, MINNESOTA, THIS __________ DAY OF _______________, 2023.
___________________________________
PRESIDENT OF SAID COMMON COUNCIL
ATTEST: __________________________
CITY CLERK
APPROVED THIS _____ DAY OF ______________________, 2023.
___________________________________
MAYOR OF SAID CITY
(Seal of the City of
Rochester, Minnesota)