04-06-1998 - Laserfiche WebLink

Commission Minutes-April 6, 1998 1793 15. RESOLUTION #1998-9, MIDA Bonds for American Lutheran Homes A public hearing was advertised for this date and time on the request for MIDA Bond financing submitted by American Lutheran Homes, Inc. (Bethany Homes) Towers II project. Attorney James Stewart was present, as well as Ray Weisgarber, Bethany Homes Administrator. Mrs. Schneider opened the public hearing and invited comments from the audience. No one asked to address the Commission at this time. MOTION, passed Hearing no comments, Mr. Wieland moved and Mrs. Quick seconded to close the public hearing. Motion carried unanimously. MOTION, passed Mrs. Quick moved and Mr. Wieland seconded to adopt Resolution #1998- 9 authorizing the issuance of Health Care Facilities Revenue Bonds (American Lutheran Homes, Inc. Towers II project) under Chapter 40-57 NDCC and authorizing the preparation of necessary documents therefor. On roll call vote, motion carried unanimously. 16. TAX EXEMPTION APPLICATION DEFERRED, Breezy Manor Equestrian Centre. Inc. A public hearing was advertised for this date and time on the application for property tax incentives for new or expanding businesses submitted by Buel Sonderland of Fargo. Mr. Sonderland was present and said the proposal is to build a horse riding stable, which will be located in the SW% of Section 6, Stanley Township. There will be a large, heated indoor arena for riding and training horses. Mrs. Schneider asked for any comments from the audience but there were none. Mr. Sonderland said this is not a business that will create a lot of new revenue or new jobs, however, it will provide a facility for people to further pursue their interest in horses and for training the animals with the idea of increasing their re-sale value. Mr. Montplaisir asked if Mr. Sonderland will be living in the residence listed in the lease, and he replied that it will be occupied for security purposes by an employee working at the site. The County's tax incentive policy requires that the minimum salary for employees in companies qualifying for an exemption shall be at least $7.50 per hour and shall include a fully-paid single health insurance premium. Mr. Sonderland said this requirement will be met. A revised real estate lease was provided today, and Mr. Sonderland said the change included adding his wife's name to the lease and a change in the subordination clause, as requested by SBA (Small Business Administration). Mrs. Quick asked if the county has granted an exemption to a similar business in the past, and it was noted the last business to receive an exemption was Swanson Seed Service of Wheatland. The County also has approved a two-year tax exemption for single family homes built in 1997 and 1998. A question was raised about competitors, and County Coordinator Bonnie Johnson said Mr. Sonderland was required to publish a notice to competitors in the county's official newspaper of the hearing on his application for property tax incentives.