HomeMy WebLinkAboutAd Hoc Business Park Planning Committee - Minutes - 6/21/2016Minutes of the
Bayfield County Ad Hoc Business Park Planning Committee Meeting
1:30pm, June 21, 2016
Business Park, Ashland, WI
Members Participating: Scottie Sandstrom, Mike Bebeau, Mark Abeles-Allison Bayfield
County, Leo Carlso, Cody Bohl.
Members Excused: Brett Rondeau,
Others Attending: Brian Deanor-USDA Rural Development, Seth Hudson, Cedar Corporation
Sandstrom called the meeting to order, 1:30pm
PUBLIC COMMENT: None
MINUTES: Motion Bebeau, Bohl to approve minutes of the June 4 and June 15 planning
committee meetings. Motion Carried.
Sandstrom introduced Deanor and Hudson.
The existing draft plan for the business park was reviewed.
• Wetland Delineation has been completed and will save potential tenants that task.
• Estimated cost for 3 phase power is $90K to the park, $130k to each parcel.
• Estimated cost for Natural Gas is $66k to extend to the end of State Farm Road
and through the Business Park.
Highlights:
• NORVADO, is an eligible utility for rural development funding.
• Loan or Grant, $300k, revolving loan fund through Coop, Government Revenue
Bond,
• EXAMPLE: USDA TO NORVADO, TO BAYCO, 0% LOAN. 10 YEAR
TERM.
• TRIGGER POINT IS BUSINESS DEVELOPMENT.
• Funds can be used for infrastructure. Grant cannot be used for grant, but maybe
for loan.
• Maybe for cell tower. If government may be able to use grant funds.
• Other examples: Nooskies. Rural Economic Development Loan and
Grant. REDLEG
• Business program ($1 million loan / $300k grant) 10 yr. vs. Public Infrastructure.
20 yrs. 2.75%.
• Separate funding available from each source, grant, loan, infrastructure, utilities.
• October 1 is the beginning of the new funding year for USDA.
• Can utilize loan funds for utilities. Grants may be available in cases of high
cost. Need business commitments.
• Federal procurement standards must be followed using local zoning and building
code.
Next meeting July 6.
Meeting adjourned at 2:07pm.