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CHISAGO County HRA-EDA

CHISAGO County HRA-EDA. Economic Development Summit February 23, 2008. Historical Population Chisago County. Source: MN State Demographer. Commercial/Industrial Market Values – Chisago County. Source: 2006 MN Department of Revenue. Commercial/Industrial Market Values – State Average.

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CHISAGO County HRA-EDA

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  1. CHISAGO CountyHRA-EDA Economic Development Summit February 23, 2008

  2. Historical PopulationChisago County Source: MN State Demographer

  3. Commercial/Industrial Market Values – Chisago County Source: 2006 MN Department of Revenue

  4. Commercial/Industrial Market Values – State Average Source: 2006 MN Department of Revenue

  5. Chisago County Commercial/Industrial & Protected Land

  6. Property Taxes Paid vs. Community Services Received • For every $1 in property taxes paid by a residential property, $1.17 in services is received. • For every $1 paid in property taxes paid by a commercial/industrial business, only $0.27 in services is received. Source: American Farmland Trust

  7. Commercial/Industrial Market Values as a Percent of the Total Source: League of MN Cities 2007

  8. Commuters • 2 out of 3 work of the working residents in Chisago County commute outside of the county to work each day • Impacts local businesses, impacts community, schools, organizations • Impacts disposable income, .50 cents a mile to drive according to IRS ($200/week or $10,400 per year to St. Paul)

  9. Wisconsin • WI Governor Letter to MN Businesses • Save 50% on Property Taxes • Save 40% on Workers Comp Rates • Save 20% on Corporate Income Tax • Lower Sales Tax • Free Land • Business Incentives • Osceola Industrial Park

  10. Chisago County HRA-EDA Business Park Development Program • Chisago City – 20 Acres (& Infrastructure) • Wyoming – 14 Acres • Stacy – 20 Acres (Infrastructure) • North Branch – 93 Acres • Rush City – 72 Acres • Lindstrom, Center City, Taylors Falls, Chisago City, Rush City Additional Land

  11. Chisago City -Kendall Howard

  12. Chisago City -Precision Woodwork

  13. Chisago City – Eagle Eye Products

  14. Stacy - Caltronics

  15. Stacy – St. Paul Engraving

  16. North Branch – Northern Lights

  17. North Branch – Topline Automotive

  18. Rush City Industrial Park Expansion

  19. North Branch Market Place

  20. Taylors Falls Downtown Redevelopment

  21. Lindstrom Downtown Redevelopment

  22. Lent Township • Township took over zoning & is updating its comp plan • Rural Transit Center is underway with a new gas station/convenience center at the County Road 17 Interchange

  23. Wyoming/Wyoming Township

  24. Wyoming/Wyoming Township • 100,000 Square Foot Building • 70 Existing Employees • 70 New Employees • $4.5 million Investment

  25. Thank You! Chris Eng Executive Director Chisago County HRA-EDA 38883 7th Avenue North Branch (651)674-5664 chris@chisagocounty.org

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