A part of the OACCT's
Public Policy efforts for 2013 is for volunteers from the Public Policy
committee attend both City and County meetings and report back on items that
are of interest/concern to business.
Steele County Assessor had the Board of Appeals and Equalization report, some highlights from the report,
128 foreclosures in Owatonna in 2012 versus 175 in 2010.
Commercial and Industrial property had slight increase in value of .7%
Plan to evaluate all commercial and industrial properties in 2013 for 2014 assessment.
Value on new construction for 2012 was $8,144,900.00
Conditional Use permit for new drive thru restaurant at 1232 Oak Ave South, by Tailwind Investment.
Conditional use permit for OPU for repurpose of the old power plant.
Bids awarded on various street projects for 2013 including NW Industrial Park Pond for $1,000,472.00 awarded to Borneke Construction using State and TIF monies.
Development agreement with Tailwind LLC for old Budget Mart and Hardee’s site. Creates TIF district for total amount of TIF is 220,000 with 100,000 going to developer for demolition and site prep, and 120,000 going to City for realignment of Barney Street and administrative costs.
Coffee with Council May 18 from 9-10 am at The Kitchen.
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