Home Meeting notice NOTICE OF PUBLIC HEARING – BUSINESS SUBSCRIPTIONS – Duluth News Tribune

NOTICE OF PUBLIC HEARING – BUSINESS SUBSCRIPTIONS – Duluth News Tribune

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NOTICE OF PUBLIC HEARING – CITY OF DULUTH BUSINESS SUBSIDY NOTICE IS HEREBY GIVED that the City Council of the City of Duluth, Minnesota (the City) will hold a public hearing on Monday, February 14, 2022 at 7:00 p.m. or soon after in the To the extent that the matter can be considered, consider awarding a corporate grant not to exceed $900,000 to Cirrus Aircraft to facilitate the redevelopment of the redevelopment of the Duluth MRO building at 4600 Stebner Road. This business grant will take the form of a tax abatement by the City, which will consider a tax abatement of up to $600,000 over 10 years and the remainder of the business grant is a loan of $300,000 which will be forgivable whether the Cirrus aircraft meets all refitting needs. investment needs, including the creation of at least 80 new full-time equivalent positions. The proposal to reduce property taxes levied by the city applies to the following tax parcels in St. Louis County, Minnesota: 010-2747-00050; 010-2747-00080; 010-2747-00020; 010-2747-00030; 010-5222-0010 The meeting will be conducted via videoconference pursuant to Section 13D.021 of the Minnesota Statutes in Response to the COVID 19 Emergency. Members of City Council will participate via videoconference. Due to the COVID-19 emergency and the closure of City facilities, comments from the public will not be taken in person. However, members of the public can monitor the public hearing and provide public comments through WebEx Events. Visit https://duluthmn.gov/live-meeting and select “City Council” to access the public hearing. Information regarding the terms and conditions of the grant is available upon request to City Hall, Room 160, 411 West 1st Street Duluth, MN 55802. The provision of tax reduction assistance is a grant to businesses in accordance with the Business Grants Act, Minnesota Statute. §§ 116J.993 to 116J.995. Any person residing in the City, or owner of taxable property in the City, may file a written complaint with the City if the City fails to comply with the Business Grants Act, and no action shall may be brought against the City for failure to comply unless a written complaint is filed. Ian B. Johnson, City Clerk Date: 01/27/22 To be posted no later than February 2, 2022 Send Affidavit of Posting and Invoice To: City of Duluth Planning and Economic Development Department To Attention: Chris Fleege Room 160, City Hall 411 W 1st St Duluth, MN 55802 (January 29, 2020)