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90-912 0 R I G I N A L � � � � Council File ,� ���A� . Green Sheet # RESOLUTION ITY OF SAINT PAUL, MINNESOTA Presented y Referred T Committee: Date WHEREAS, the Schmidt Brewery has been a landmark in Saint Paul on West Seventh Street since 1901; and WHEREAS, the Schmidt plant directly employs 215 workers and impacts on other employees in the distribution business; and WHEREAS, in February, the G. Heileman Brewing Company offered for sale the Saint Paul brewery facility, together with the Schmidt brand and other brands; and WHEREAS, on May 14th, Heileman re�ected all bids for its Schmidt plant, refusing to consider new bids and had set plans to close the Schmidt plant on June 23rd; and WHEREAS, an investment group led by Schmidt's largest distributor, , Sohan Sahota, reached an agreement with Heileman on May 21st to acquire the plant and the Schmidt brand, contingent on finding financing for the purchase within ten days; and WHEREAS, the closing of the Schmidt plant and potential selling or removing of the equipment would negatively impact the City and would create a blighted vacant bui.lding, a building that would be extremely difficult to find a reuse for, as witnessed by the vacated Grain Belt plant in Minneapolis; and WHEREAS, Schmidt's 135 years of brewing history in.the City of Saint Paul have permanently linked that label to the Cit.y and to the West Seventh/Fort Road Neighborhood; and _ _ .. ORIGINAL � ` � 9°-�'°� WHEREAS, retention of existing jobs and businesses in Saint Paul is a high priority in the City's economic development plan; THEREFORE, BE IT RESOLVED, that the administration is requested to instruct appropriate staff to work with the Housing and Redevelopment Authority and the Port Authority of the City of Saint Paul, Minnesota, to assist the Sohan group in securing acceptable financing for the acquisition of the Schmidt Brewery Company plant and facilities. - Two - Ye s Nays Absent Requested by Department of: imon � oswitz on � t acca ee �_ ettman T vne � By: i son �_ -r - Adopted by Council: Date MAY 2 4 1990 Form Approved by City Attorney Adoption Certified by Council Secretary gy: BY' 1'��� " ` �"�' � �-"'"�-��'�'�'�"O��" APProved by Mayor for Submission to Approved b Mayor: Da�e MA'� 2 g i990 Co"n�l'- ..,� ��,� BY: By: �� �, PUBIISiiE�l J UN - 2 199Q