INFORMATION #1 01-12-200413065 0r0n0 Parkway
Elk River, MN 55330
December 29, 2003
SoftPac Industries, Inc.
Bill McMullen, President & CEO
13512 Business Center Drive
ElkRiver, MN 55330
Dear Mr. McMullen:
This letter is to inform you that SoftPac Industries, Inc. has successfully completed the job creation
and wage goals as required within the Development Assistance Agreement by and among the City of
Elk River, Opus Northwest, L.L.C, and SoftPac Industries, Nc. dated August 28, 2000.
The Development Assistance Agreement specified the following Job Goals in Section 3.5. (Business
Subsidy Agreement) subdivision (h):
"... SoftPac covenants that it will provide at the Project 60 full-time equivalent permanent
employee positions within two years of the Benefit Date (November 20, 2003), with these
jobs having wage levels of at least $10.00 per hour, exclusive of benefits."
Sean Lawler has recently reported to me that SoftPac Industries, Inc. has created a total of 61 full-
time jobs and 7 part-time jobs as of November 20, 2003. Attached is a copy of the most recent MN
Business Assistance Form, which will be submitted to the MN Department of Employment &
Economic Development (formerly DTED).
The City of Elk River is pleaied that SoftPac Industries, Inc. has held true to the job creation and
tax base goals that were established with its location to Elk River. Please feel free to contact me to
discuss any issues related to SoftPac's continued growth and success in Elk River.
Sincerely,
Catherine Mehelich
Director of Economic Development
CC:
Sean Lawler, SoftPac Industries, Inc.
~ River Mayor & City Council
Elk River Economic Development Authority
Phone: 763.635.1000
Fax: 763.635.1090
www. ci.elk-river, mn.us
2001 Minnesota Business Assistance Form
Econon'nc
Devdopment
# The 2001 Minnesota Business Assistance Form (MBAF) is used to report each business subsidy and financial
assistance agreement signed from January 1, 2000 through December 31, 2000 per Minn. Stat. § 116J.993 to
§ 116J.995. Please use a separate form to report each agreement; for agreements signed from August 1, 1999
though December 31, 1999, use the 2000 MBAF; and for agreements signed from July 1, 1995 through July 31,
1999 use the 1999 MBAF.
# The following govemment agencies must submit a 2001 MBAF even if an agreement was not signed during the
period January 1, 2000 through December 31, 2000: I) any local government/agency that signed a business
subsidy agreement since January 1, 1996, or represents a population of more than 2,500; 2) all state government
agencies. If the local/state government agency does not have any subsidies or assistance to report, please answer
questions 1 through 13 and questions 33 and 34.
# If a local or state government agency that is required to report has not done so by April 1, DTED will mail a
warning. If it fails to report by June 1, it may not award any business subsidies until a report has been filed.
# Questions? Call (651) 296-0580. Information on where to mail or fax your completed MBAF(s) is on page 4.
Abo t Grantor
~ecllon · llllU[llliltl~/ll ti. ut/ut ut
I. Name o~ ~rantor ~nclin~ entity) 2. ~Name o£ person completing,this
3. S=ect ad.ess 4. Ci~ ~ 5. ZIP code
6. Coun~ 7. Phone number 8. Fax number 9. E-mail address
I0. Please indicate who in your organization should receive the 2002 MB~ if different ~om the person in ~estion 2.
Name/Title Phone number S=eet ad,ess Ci~ ZIP code
11. Classification of~antor (Mark one. If grantor is enti~ 12. Has yo~ org~ization held a public heating on ~d
created by gov 't agency, please indicate affiliation. For adopted criteria for awarding business subsidies in
example, a ci~ EDA would check "CiW government. '~ compliance with Minn. Stat. }116J.9947 (Mark one.)
~i* government ~Xes (Indicate hearing date an~criteri~
~ Co~W government ~ No
~ Regional government ~ We held a public hearing but have not yet adopted
~ State government criteria Gndicate date of initial hearing - )
~ Other (Please speci~.) ~ Other (Plebe attach explanation.)
13. Has your organization si~ed ~y a~eements to award a business subsidy or financial assistance ~om Januau 1, 2000
through December 31, 2000 that is required to be repoffed under Minn. Stat. ~ 116J.993 and ~ 116J.9947 (Mark one.)
~s (Complete the remainder of the form.) ~ No (Stop here, go to section 5 on page 4.)
Section 2 Information About Recipient
14. Name of business or organization
receiving subsidy or financial assistance
15. Address where business subsidy or financial assistance
will be used
1/357 z
IStreet address City State ZIP code
16. Does the recipient have a parent corporation? (Mark one.)
~ Yes (Indicate name and address of parent corporation below. If more than one, indicate ultimate owner.)
Name of parent corporation Street address City State
ZIP code
2001 Minnesota Business Assistance Form Page I of 4 Department of Trade and Economic Development
17. Industry ofrecipient's facility (Mark one.):
Manufacturing [3 Services
El Retail Trade El Wholesale Trade
[3 Finance, Insurance, Real Estate
El Construction [21 Other (please specify)__
18. Did the recipient relocate as a result of signing this agreement? (Mark one.)
Yes (Indicate city and state of previous address and reason recipient did not complete this project at that address.)
No (Go to Question 19.)
City/State of previous address Reason project not completed at previous address
19. Would the recipient have remained in previous location or relocated elsewhere if not awarded this business subsidy or
financial assistance? (Mark one.)
[21 Remained at previous location [3 Relocated to different Minnesota location ~/Relocated outside Minnesota
Section 3 General Information About the Agreement
20. Total dollar value of business subsidy or financial 21. Date agreement signed (In addition to the agreement
assistance (Please separate value by type in Questions 24 date, indicate any dates the agreement was amended.)
and25.)~> X~/~ M~/~~ Ze:~>~
22. Benefit date (Indicate the date the recipient will benefit from the business subsidy or financial assistance. For example,
indicate the date improvements were finished, equipment was placed into service, or the recipient occupied the property,
whichever is earlier.) ~0 1/t~/*2~ ~5~ 2~t:~//
23. Does the agreement provide a business subsidy or one of the four types of financial assistance (see Question 25) required to
be reported? (Mark one.)
/~business subsidy
24. If the agreement provided a business subsidy, please
indicate the type(s) and total dollar value for each type.
not applicable, agreement provided financial assistance
[3 loan (only principal) $__
0 grant (i.e., forgivable loan) $__
El ta~ abatement $
I~'TIF or other tax reduction or deferral $7t~.,cI::Z5
[3 guarantee of payment $__
El contribution of property or infrastructure $__
[3 preferential use of governmental facilities $__
El land contribution $
[21 other (Specify subsidy type.) $
26. If the assistance included tax increment financing, please
indicate the type of TIF district? (Mark one.)
not applicable, assistance was not in the form of TIF
I21 redevelopment
[3 renewal and renovation
~ soils condition
j~economic development
[3 mined underground space
El hazardous substance subdistrict
financial assistance
25. If the assistance was one of the four types of financial
assistance, please indicate the type(s).
~/not applicable, agreement provided
a
business
subsidy
[3 assistance for property polluted $~
by contaminants
El assistance for renovating building $ __
stock or bringing it up to code, and
assistance provided for designated
historic preservation districts, when
50% or less of total cost
0 assistance for pollution control or $__
abatement
[21 assistance for a TIF soils condition district $__
27. Are any other grantors providing a business subsidy or
financial assistance to the same project? (Mark one.)
Yes (Specify each grantor and the value of their
assistance below; attach an additional sheet if'necessary.)
Grantor(s) and value of the agreement(s):
Grantor Value ($)
Grantor Value ($)
2001 Minnesota Business Assistance Form Page 2 of 4 Department of Trade and Economic Development
Dec, 1, 2003 3'35PM SOFTPAC No,6972 P, 2/2
;ection 4 Goals and Public Purpose Identified in the Agreement
25 Mmn, Stat. §116.i' 994 requires that business subsidy and financtal assistance agreements ~mt~ a pubhc pu~os=, Whmh
of thc following public pu~oses w~e stated in the a~e~ent'? (Mark alt rAar apply,)
Q Enhancing econo~c dive. try 0 Increastng t~ b~e (c~ot be only ponGee)
Q Creating h~gh-q~li~job ~o~h Q O~er (plebe
~ Job ret~ti~
O Stabilizing the co~umW
A) Specific wage and job goals to be attained wnhm 2 year~
B) Other j ob-creati on md/or retention goal s
C) Other wage goals
D) Olher goals other than wage and job goals
29 In,cate whether the agreement included the following types of goals, and whether the recapient had attained those goals
at the time of this report. (Fill in the box~ and attainment dat~(~9.for each goal.),
Goals Target attainment All goals
s lished? dates (month , ,g~ined?
O No /'Voq. ~ot ~ ~'Yes O No
~1 Yes (/ldgo ~ Yes ~Iqo
30. For each of~e following mg~ ca~,gon~, indica~ ~h*iob c~a~ ~or mrenaoa go~ ita~ tn ~e
agreement and ~h* ay,rog* h~ly v~ue of ~y employs-provided health in~ranca goals for ~osejobs. (Onlv indicam
job ~eaaon goal~ in ~lbtime equtvalen~ ~you are unable m separat, gosh' ~.~lb and pa~-rime positio~.)
Full-time Pari-tim~ FTE (gp.~ if goals not
Hourly Wage Job Seasonal/Temp. stated es FT/PT) Job Hourly Value of
(excludin~ benefits) Creation Job Creation Job Creation Retention Health Insurance
no hourly wage-level goal
lc~is than $7 00
$7 00 to $8.99 ~'~
9,ooto i0,99 ¢___O_O
$11.00 re $12 99
S13.00 to $14.99
$I 5 00 and higher
31
For each of the following wage categories, tn&cate the number of actual jobs created and/or reta)nefl since the benefit
date and the actual hourly valuc of any employer-provided health insurance for those jobs. (Only indicated'ob creation m
.full-t~me equivalents if you are unakle to x~parare.job creation into.full- and part-time posrnons.)
Full-time Pert-time/ FIE (only if unable to
Hourly Wage Job Seasonal/Temp. separate FT/PT) Job Hourly Value of
(excluding benefits) Creation Job Creation Job Creation Retention Health Insurance
less than $7 00
$7.00 to Sg 99
$9.00 to $1099 s.~
511.00 to $1299
S [ 3 O0 to $14,99 ......
$1500 and hsghcr
32¸
Has the recipient achieved _all ~oals (see Questmns 29, 30 and 31) and fulfilled all obhgauons supulated tn the agreement?
2001 Minnesota Business Assistance Form
Page
Dcpanmant of Trade and Economic Development
Section 5 Recipients Failing to Fulfill Obligations
~Do not coml~lete this section if you comt~leted it on another 2001 MBAF submitted to DTED.)
33. During the period January 1, 2000 through December 31, 2000, did your organization have any recipients who failed to
report as required by Minn. Stat. § 116J.993 and § 116J.9947 (Mark one.)
~ Yes (Indicate the name of each recipient failing to report and the value of subsidy orfinancial assistance awarded to that
recipient. Attach additional pages if necessary.)
Name of recipient
Type of subsidy or assistance (See Questions 24 and 25.) Value of subsidy or assistance
34. Did your organization have any recipients who failed to achieve any goals or fulfill any other obligations under an
agreement signed on or after January l, 2000, that were required to be fulfilled by the time of this report'? (Mark one.)
El Yes (Complete the remainder of this section.) ~No (Stop here and submit form to DTED .)
35. - 39. Provide the following information for each recipient failing to fulfill goals or any other terms of an agreement that
were to be attained by the time of reporting. (Attach additionalpages if necessary.)
35. Information on recipient and agreement:
Name of recipient in default
Type of subsidy or assistance
Initial value of
subsidy or assistance
Street address of recipient
City/ZIP code of recipient
Outstanding value of
subsidy or assistance
36. Reason(s) for default (Markall that apply.):
[] recipient ceased operation
El recipient was unable to fill vacant positions
[] recipient relocated to a different community
[3 other (Specify reason.)
37. To date, has the recipient fulfilled its repayment obligation? (Mark one.)
[3 Yes El No, recipient has begun to repay the assistance. El No, recipient has not begun to repay the assistance.
38. Has the agreement been amended to extend the recipient's deadline for fulfilling its obligations? (Mark one.)
[] Yes []No
39. Describe the steps being taken to bring recipient into compliance or recoup the subsidy:
Return your completed MBAF(s) by April I, 2001, to:
2001 Minnesota Business Assistance Form
Minnesota Department of Trade and Economic Development - AEO
500 Metro Square, 121 East 7th Place
St. Paul, MN 55101-2146
Or fax to: (651) 215-3841
2001 Minnesota Business Assistance Form Page 4 of 4 Department of Trade and Economic Development