Title
RESOLUTION REGARDING THE SUPPORT OF A JOB CREATION FUND APPLICATION IN CONNECTION WITH CIRRUS DESIGN CORP.
Body
CITY PROPOSAL:
WHEREAS, the City of Duluth, Minnesota (the "City"), desires to assist Cirrus Design Corp., a corporation, which is proposing to redevelop a facility in the City; and,
WHEREAS, the City of Duluth understands that Cirrus Design Corp. ("Cirrus"), through and with the support of the City, intends to submit to the Minnesota Department of Employment and Economic Development an application for an award and/or rebate from the Job Creation Fund Program; and,
WHEREAS, the City of Duluth held a city council meeting on February, 14th 2022, to consider this matter.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DULUTH, Minnesota, that, after due consideration, the Mayor and authorized officials of the City of Duluth, Minnesota, hereby adopts the following findings of fact related to the project proposed by Cirrus and its application for an award and/or rebate from the Job Creation Fund Program and express their approval.
The City Council hereby finds and adopts the reasons and facts supporting the following findings of fact for the approval of the Job Creation Fund Program application:
1. Finding that the project is in the public interest because it will encourage the growth of commerce and industry, prevent the movement of current or future operations to locations outside Minnesota, result in increased employment in Minnesota, and preserve or enhance the state and local tax base.
a. This project will create 80 FTE jobs and retain at least 1,206 FTE positions by redeveloping the MRO and freeing up new facilities for their current operations.
b. Cirrus has over 600 employees that currently operate in four other states (ND, TX, TN, FL), and the use of JCF will assist in encouraging the Job retention and creation of new manufacturing Jobs in Minnesota on the...
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