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88-1825 WMITE - C�TV CLERK PINK - FINANCE GITY OF SAINT PAUL Council �/,�G CANARY - DEPARTMENT j�D �/�� BI.UE - MAVOR Flle NO• ll Council Resolution Presented By ` Referred To Committee: Date Out of Committee By Date � WHEREAS. during the 19$9 Budget process, the City Council adopted an objective for the Public Works Department that there be more thorough staging plans developed for sewer separation and street paving construction projects; now, therefore, be it RESOLVED, That the Mayor and the Public Works Department be directed to impiement the following items in conjunction with Councii File 88-1754, the final Order for the Syndicate/Fairmount Area Street Paving and Lighting Project: That the Saint Paul Department of Pubiic Works develop a staging plan for construction of the project and that plan be included in the contract; That contract,r should include a , liquidated damages clause for noncompliance with the contract; That St. Clair Avenue from Snelling to Lexington be com- pleted by September 15, 1989; That l�ern-style lighting be used throughout the project, - except for combination of bent-straw and la�ern-style at intersections on St. Clair Avenue, to be consistent with the existing iighting standards. COUNCIL MEMBERS Requested by Department of: Yeas Nays Dimond I.o� [n Favor Goswitz q Rel4�n �be1�� A gai n s t BY Sonnen Wilson Adopted by Council: Date N�V � �' 1988 Form Approved by City Attorney Certified Pa. -e Co ncil Se ar By By ` � Approved by Mayor Eor Submission to Council Approve y \Aavor. Date ' ' g BY �.sS�� ;: 4�8�` WNITE - C�TV CLERK COUflC1I (�/ /y^ P�NK - FINANCE G I TY OF SA I NT PAU L C4NARV - DEPARTMENT ][ ��o� BLUE - N,AVOR File �O. �� J Council Resolution . r �.- Presented By �� Referred To Committee: Date Out of Committee By Date RESOLUTION APPROVING APPLICATION OF ST. PAUL STAMP WORKS, INC. FOR CLASSIFICATION OF PROPERTY LOCATED IN THE SAINT PAUL RIVERFRONT ENTERPRISE ZONE AS CLASS 4d EMPLOYMENT PROPERTY WHEREAS, St. Paul Stamp Works, Inc. (the "Company") filed with the City Clerk an Ap- plication for classification of its property located north of Empire Drive in Empire Builder Industrial Park as Employment Property pursuant to Minnesota Statutes Section 273. 1313 and the Saint Paul Rlverfront Enterprise Zone Program (the "Program"); and WHEREAS, the new investment, tax classification, and State tax credits as set forth in detail in the October 19, 1988 Staff Report will result in the creation of 8 new posi- tions in Salnt Paul with the construction of a new 20,950 square foot manufacturing facility for St. Paul Stamp Works, Inc. ; and WHEREAS, there has been presented to and considered at this meeting a Participatlon Agreement between the City and the Company whereby the Company covenants respecting the completlon of property improvements; and WHEREAS, the Port Authority of the City of Saint Paul has received authorization from the Department of Trade and Economic Development to utilize an alternative local contribu- tion of infrastructure improvements in lieu of local property tax reduction; and WHEREAS, the City Clerk duly published on October 15, 1988, in the Saint Paul Legal Ledger, the official newspaper for the City a notice of public hearing before the City Councii upon the Company's Application; and WHEREAS, District 6 and 7 Planning Councils have reviewed and recommended approval of the Applicatlon; and COUNCIL MEMBERS Requested by Department of: Yeas Nays Dimond � Long �-� [n Favor Goswitz Rethuan Scheibel A gai n s t BY Sonnen Wilson Form Approved by City Attorney Adopted by Council: Date �� Certified Yassed by Council Secretary B `�� gy, A►pproved by Mavor. Date _ Approv b Mayor for Subm' t�o Council By By` WHI7E - CITV CLERK PINK - FINANCE G I TY OF SA I NT PA U L Council G �jl BLUERV - �AVORTMENT File NO. �"' /`�v � � Council Resolution Presented By Referred To Committee: Date Out of Committee By Date WHEREAS, the City Council conducted a public hearing on November 17, 1988, upon the Applicatlon at which hearing opportunity was provided for the Applicant, the County Asses- sor, representatives of affected taxing authoritles and any taxpayer of the City or member of the public to present their views orally or in writing at or before the hearing, and having duly considered the testimony and written views presented at the hearing and the Application, staff report and draft Participation Agreement; now therefore, be it RESOLVED by the Council of the City of Saint Paul that it hereby determines that the Application of St. Paul Stamp Works, Inc., the property improvements, retained and new Jobs and tax benefits proposed meet the obJectives of the Saint Paul Riverfront Enterprise Zone Progrem. RESOLVED FURTHER that the City Council addltionally finds and determines that the construction of the new facflity ( I ) is reasonably likely to create new employment in the City; (2) will not have the effect of transferring existing empioyment from one or more other citles within Minnesota; (3) will result in an increase in market value of the employment property of $800,000 which is .0115$ of the market value of all taxable property in Saint Paul ; and (4) will not result in the reduction of the assessed value of existing property within the City owned by Applicant. RESOLVED FURTHER that the Application and employment property reclassification thereby proposed is hereby approved and the City Clerk is directed to transmit the Ap- piication together with a certified copy ot this resolution to the Commissioner of Trade and Economic Development for consideration and final approval . RESOLVED FURTHER that the Participation Agreement between the City and the Applicant is hereby approved, and the proper City officers are authorized to sign the same on behalf of the City, and upon its signature by the Applicant to transmit Attachment C of said Agreement to the Commissioner of Trade and Economlc Development for signature by the Com- missioner or designee upon final approval of the Appilcation. - 2 - COUNCIL MEMBERS Requested by D Yeas Nays � Dimond Lo�g [n Favor Goswitz �e�n �Q �he1�� _ Against BY Sonnen Wilson �[�� ? ;' ,�8 Form Approved by City Attorney Adopted by Council: Date Certified Yas oun il Se tar BY B�' � - �iS . x�. 6lpprov y Nlavor: Date — `ic�'�' � � � Appr e by Mayor for m' sion to Council By Ptl�.ISNf� ;',!;_+';� . � 19�� -��.� ,�';-�, � M_�� , � � FAX (612) 223-5198 PORT AUTHORIiY OF THE CIN OF SAINT PAUL TOLL FREE (800) 328-8417 1900 AMHOIST TOWER • 345 ST. PETER STREET • ST. PAUL, MN. 55102 • PHONE (612) 224-5686 October 25, 1988 Mr. Ken ,lohnson, D i rector RECEIVED Pianning b Ec�nomic Development Department � � �ity of st. Paul NOV 041988 13th Floor City Hall Annex st. Paul, Mi nnesota 55 i o2 �ITY CL�RK SUBJECT: ENTERPRISE ZONE CREDITS ST. PAUL STAMP WORKS, INC. Dear Ken: We submit herewith for your review and referral to the office of the Mayor, City Council and City Attorney�s Office details pertaining to the issuance of Enterprise Zone Credits to St. Paul Stamp Works, Inc. The credits wili be in the form of $160,000 in State income tax credits made up ot $24,000 in employee credits and $136,000 in debt service credits. Local contribution in the amount of $101,547 has been approved by the State in the form of infrastructure improvements in Empire Bullder In- dustrial Park. Enterprise Zone credits will be used as an incentive for St. Paul Stamp Works, Inc. to construct a new 20,950 square foot manufacturing facility in Empire Builder Industrial Park. The company presently has 37 tull- time employees and will create 8 new positlons within three years of the completion of the proJect. In addltion to the staff report, we are attaching the Participation Agreement and a draft copy of the proposed City Council resolution which authorizes the execution of the Participation Agreement and the submit- tal of the proposai to the Department of Trade and Economic Development. Your expeditious handling of this mafiter wili be appreciated. Yours truly, � � �,�E gene A. raut EAK:ca E.xecutive Vice President ttach. cc. Mayor Latimer EUGENE A.K24UT,C.I.D. PERRY K.FEDERS,C.PA. CHARLES M.TOWLE LAWRENCE H.LANGER,P.E. PATRICK E.DEAN,C.PA. EYECUTNE VICE PRESIOENT.C.E.O. ASST.IXEC.VICE PRESIDENT,C.F.O. DIRECTOR INDUSfRIAL DEVELOPMEM CHIEF ENGINEER FINANCE DIRECTOR JAMES F.FAUE,C.I.D. RICHARD A.GIERDAL WILLIAM E.McGNERN DIRECTOR REAL ESTATE OPERATIONS PROPERN MANAGER DIRECTOR PUBIIC RELAiIONS COMMISSIONERS: GEORGE W.WINTER WILLIAM R.PETERSON ARTHUR N.GOODMAN JEAN M.WEST VICTOR P.REIM JAMES SCHEIBEL ROBERT C.LONG PRESIDENT VICE PRESIDENT SECRETARV ASST.SECREfARV ?REASURER ASST.iREPSURER COMMISSIONER C.I,D.CERTIFIED INDUSTRIAL DEVELOPER St. Paul Port Authoritv DEPARTMENT ��J��°�`f N° 0608 J.A. Campobasso, E.A. Kraut CONTACT 224-5686 PHONE October 25, 1988 DATE � ��r� �Q � ASSIGN NUNB�R FOR ROUTING ORDER (Clip All Locations for .Siqnature� : - � Department Dfrector 4' Director of Management/Mayor Finance and Management Services Director � 5 City Clerk � BUdg@t D�1"@Ct01" �; FN��R�„CF :7(1�F f.RFflTTS � City Attorney ST. PAUL STAMP WORKS. INC. I�HAT WILL BE ACHIEVED BY TAKING AGTION ON THE ATTACNED MATERIALS? (Purpose/ � Rationale) : Enterprise Zone credits will be used as an incentive for St. Paul Stamp Works, Inc. to construct a new 20,950 square foot manufacturing facility in Empire Builder Industrial Park. St. Paul Stamp has 37 full time employees and will create 8 new positions within three years of the completion of this project. Attached are two copies of the Participation Agreement for review and execution. COST/BENEFIT, BUDGETARY AND PERSONNEL IMPACTS ANTICIPATED: �"n� 0� �� _ T°��9R.Q N/A FINANCING, SOURCE AND BUDGET ACTIVITY NUNBER CHARGED OR CREDITED: (Mayor's signa- ture not re- Total �mount of'Transaction: quired if under . . - � $10,000) , Funding Source: . N/A Activity Number: . IITTACHMENTS (Li st and Number Al l Attactunents) : 1 . Draft City Council Reso�lution 2. Staff Report � _ - 3. Participation Agreement cc. J. Shoholm DEPARTMENT REVIEW CITY. ATTQRNEY REVIEW X Yes No Council Resolution Required? - ' Resolution. Required? Yes No - Yes P!o Insurance Required? Insurance Sufficient? Yes No Yes No Insarance Attached: "— �. , " (SEE •REVERSE SIDE FOR INSTRUCTIONS) � � � Revised 12/84 � • 8�-� �� 10/19/88 STAFF REPORT RE: ST. PAUL STAMP WORKS ENTERPRISE ZONE APPLICATION A. PROPOSED EMPLOYMENT PROPERTY St. Paul Stamp �9orks, Inc. proposes that approximately 93,549 square feet or approximately 2. 15 acres of land leased from the Port Authority of the City of Saint Paul in the Empire Buiider Industrial Park be determined eligible for reclasslfication as employment property through the City's Riverfront En- terprise Zone Program. The property will not be formaily reclassified for tax purposes as an aiternative contribution of infrastructure improvements is being provided in lieu of local property tax reduction. This alternative con- tribution has been approved by the Minnesota Department of Energy and Economic Development. The property description is attached. This property is iden- tified by the Ramsey County Tax Department through the property identification number 31-29-22-22-0087. This property was formerly owned by the Burlington Northern as part ot its Jackson Street Shops complex. B. IMPROVEMENTS AND PROPOSED USE St. Paul Stamp Works is one of the largest manufacturers of marking and identification products in the country. These products include custom hand stamps for improving paper flow, decorative tr1m, nameplates and labels for identifying products and making equipment for stamping variable information on customer parts. � St. Paul Stamp Works will construct a 21,000 square foot production facility in Empire Buiider Industrial Park. The new facility will be financed with Port Authority tax exempt industrial revenue bonds of $935,000 with total new investment estimated at $1,253,000. C. PROJECTED INCREASED MARKET VALUE The market value will increase by the amount of the improvements plus the land value as the property has not generated any taxes being owned by the Port Authority. The development will result in an estimated market value of $800,000 which is .0115 of the market value of all taxable property in Saint Paui . _ �S-/g�� . D. RETAINED AND NEW JOBS The companies have 37 full-time employees who will be retained in Saint Paul with construction of the new facility. In addition, the companies es- timate they will hire at least 8 new employees within the next three years. The company has entered into a City of Saint Paul Employment and Training Par- ticipation Agreement and anticipates recruiting trom the immediate neigh- borhood. E. DRAFT PARTICIPATION AGREEMENT A draft Participation Agreement has been negotiated with the following tax benefits: Annual 3-Year Total State New Employee Credits 24,000 State Debt Financing Credits 136,000 136,000 Alternative local contribution is $101,546.65 based on $47,231 per acre of Port Authority site improvements. The contribution has had prior approval from the Department of Trade and Economic Development. This represents a private-to-public ratio of approximately $7.83 private per $I public tax reduction or credit. It aiso represents one new job per $20,000 tax credits. F. COUNCIL FINDINGS St. Paul Stamp Works, Inc. 's applicatlon proposes to create up to 8 new jobs, none of which would be a transfer from another Minnesota municipality. The proposal will not result in the abandonment or demolition of other property owned by the applicant in Saint Paul causing reduction of the as- sessed value of existing property within the City. G. RECOMMENDATION The staff of the Port Authority of the City of Saint Paul recommends the City Council approve the attached Participation Agreement for St. Paul Stamp Works, Inc. as drafted. Staff further recommends the City Council determine that the proJect is eligible for empioyment property reclassification and that • Attachment C of the Participation Agreement be forwarded to the Commissioner of Trade and Economic Development. . �--��a� - Members: CITY OF SAINT PAUL Bill Wilson, chair ' Yo��o�n ' Tom Dimond �� in OFFICE OF THE CITY COIINCIL KI{(1 SOflfl@tl Date: November 9, 1988 WILLIAM L,. WILSON MARK VOERDING Co��man Committee Report �g�e�at�oe A1ae To: Saint Paui City Councii � From : Housing and Economic Development Committee Bill Wilson, Chair ' 1. Approval of Minutes - APPROVED � 2. Presentation - "Year of the Cities" NO CONIlrIITTEE ACTION REQUIRED 3. Economic Development Strategy Update NO COMNIITTEE ACTION REQUIRED � 4. Appeal of Michael D. Williams on the denial of a request for House Number and/or waiver for Lot 45, Block 12, Burlington Heights, Division 1 COMMITTEE RECONIl`�lII�1DED DIIVIAL OF TI� APPEAL AND WANIIt REQUEST (3-0) . . E�terpris� Zone Application for St. Paul Stamp Works, Inc. CONfl�IITTEE RECAMMIIVDED APPROVAL (3-0) - 6. Revenue Bonds for St. Paul Stamp Works, Inc. COt�Il�IITTEE RECO�VDID APPROVAL (3-0) 7. Resolution - Emergency Fund Service, Inc. , $1,400,000 Revenue Bond Issue COMMITTEE RECOI�Il�III�TDED DISAPPROVAL (2-1) . � RECEIVE[?j No� �o �� cr�� c��R�. CITY HALL SEVENTH FLOOR SAINT PAUL, MINNESOTA 55102 612/298-4646 8��6 St. .Pa '�1 Port Authority DEPAR7MENT . __ "" _. .. �� N� _ OsOB� J.A. Campobasso, E.A. Kraut CONTACT _ �S" �24-5686 ^ PHONE . - . . _ --�.�--.; _ . . . October 25, 1988 - � : _ - DATE ' 1 e4�__ T ` Q ` SSIGN NUMBER FOR ROUTING ORDER (Clip All Locations for Signature) : ;.t,_ .. -. . . 1 Department Director � � � - - � 4 � Director of Management/Mayor ` ? Finance and Management Services Director - , .. . 5 City Clerk .. ._ .. _ Budget Director . . ; - �� ; �F(VIERPRT�F �7(1NF �RFf1TTS � ,� City Attorney _ . , . _ _ ST. PAUL STAMP WORKS. INC. HAT WILL BE ACHIEVED BY TAKING ACTION ON THE ATTACHED MATERIALS?� (Purpose/ � •-� Rationale) : =nterprise Zone credits will be used as an incentive for St. Paul Stamp Works, Inc. to construct � new 20,950 square foot manufacturing facility in �mpire Builder Industrial Park. �t. Paul Stamp has 37 full time employees and will create 8 new positions within three years �f the completion of this project. Attached are two copies of the Participation Agreement For review and execution. . OST/BENEFIT, BUDGETARY AND PERSONNEL IMPACTS ANTICIPATED: . � . N/A INANCING SOURCE AND BUDGET ACTIVITY NUMBER CHARGED OR CREDITED: (Mayor's signa- ture not re- Total Amount of "Transaction: quired if under � �10,000) Funding Source: N/A Activity Number: • TTACHMENTS (List and Number All Attachments) : . Draft City Council Resolution � '_. Staff Report . . 3. Participation Agreement :c. J. Shoholm =PARTMENT REVIEW CITY ATTORNEY REVIEW ; Yes No Council Resolution Required? ' Resolution Required? Yes No Yes No Insurance Required? Insurance Sufficient? Yes No Yes No Insurance Attached: (SEE •REVERSE •SIDE FOR INSTRUCTIONS) � ' =vised 12/84 . , .vr+i7E - C�Tr CLEFIK �� P�NI( � iIN�NCE COURCII �i.N�RY'.� OE.p�ATMENT G I TY OF SA I NT F�A U L Lt BLUE - M�rOq �. Clle �O. ' Council Resolution � ��a Presented By y�,'r�� 0 Referred To Committee: Date Out of Committee By Date RESOLUTION APPROVING APPLICATION OF ST. PAUL STAMP WORKS, INC. FOR CLASSIFICATION OF PROPERTY LOCATED IN THE SAINT PAUL RIVERFRONT ENTERPRISE ZONE AS CLASS 4d EMPLOYMENT PROPERTY WHEREAS, St. Paul Stamp Works, Inc. (the "Company") filed with the City Clerk an Ap- plication for classification of its property located north of Empire Drfve in Empire Builder Industria( Park as Employmenfi Property pursuant to Minnesota Statutes Section 273. 1313 and the Saint Paul Riverfront Enterprise Zone Program (the "Program"); and WHEREAS, the new investment, tax classification, and State tax credits as set forth in detail in the October 19, 1988 Staff Report will result in the creation of 8 new posi- tions in Saint Paul with the construction of a new 20,950 square foot manufacturing facility for St. Paul Stamp Works, Inc. ; and WHEREAS, there has been presented to and considered at this meeting a Participation Agreement between the City and the Company whereby the Company covenants respecting the compietion of property improvements; and WHEREAS, the Port Authority of the City of Saint Paul has received authorization from the Department of Trade and Economic Development to utilize an alternative local contribu- tion of infrastructure improvements in lieu of locai property tax reduction; and WHEREAS, the City Clerk du�y published on October 15, 1988, in the Saint Paul Legal Ledger, the official newspaper for the City a notice of public hearing before the City Council upon the Company's Application; and WHEREAS, District 6 and 7 Planning Councils have reviewed and recommended approval of the Application; and COUNCIL MEMBERS Requested by Department of: Yeas Nays Dimond ��s In Favor Goswitz Rettman B s�ne;ne� Against Y Sonnen Wilson Form Approved by City Attorney Adopted by Council: Date • Certified Passed by Council Secretary BY gy Approved by 1�favor: Date Approved by Mayor for Submission to Council BY By . . - . wHITE - C�TV CLEAK P�NK FIV�NCE COLLIICII r G � C�N�p♦ - OEP�ATMENT GITY OF SAIYT PAUL B��E _ M..op . File N0. � "�4°7 � Council Resolution � Presented By Referred To Committee: Date Out of Committee By Date WHEREAS, the City Council conducted a public hearing on November 17, 1988, upon the Appiication at which hearing opportunity was provided for the Applicant, the County Asses- sor, representatives of affected taxing authorities and any taxpayer of the City or member of the public to present their views orally or in writing at or before the hearing, and having duly considered the testimony and written views presented at the hearing and the Application, staff repo►-t and draft Participation Agreement; now therefore, be it RESOLVEO by the Council ot the City of Satnt Paul that it hereby determines that the Application of St. Paul Stamp Works, Inc., the property improvements, retained and new jobs and tax benefits proposed meet the objectives of the Saint Paul Riverfront Enterprise Zone Program. RESOLVED FURTHER that the City Council additionally finds and determines that the construction of the new facility ( I ) is reasonably likely to create new empioyment in the City; (2) will not have the effect of transferring existing employment from one or more other cities within Minnesota; (3) will result in an increase in market value of the employment property of $800,000 which is .0115� of the market value of all taxabie property in Saint Paul ; and (4) wlll not result in the reduction of the assessed value of existing property within the Clty owned by Applicant. RESOLVED FURTHER that the Application and employment property reclassification thereby proposed is hereby approved and the City Clerk is directed to transmit the Ap- plication together with a certified copy of this resolution to the Commissioner of Trade and Economic Development for consideration and`final approval . RESOLVED FURTHER that the Participation Agreement between the City and the Applicant is hereby approved, and the proper C1ty officers are authorized to sign the same on behalf of the City, and upon its signature by the Applicant to transmit Attachment C of said Agreement to the Commissioner of Trade and Economlc Development for signature by the Com- missioner or designee upon fina! approval of the Application. - 2 - COUNCIL MEMBERS Requested by Department of: Yeas Nays Dimond �� In Favor Goswitz Rettman Scheibel A gai R s t BY Sonnen ' Wilsoo Form Approved by City Attorney Adopted by Council: Date ' CertiEied Passed by Council Secretary By sy Approved by Ylavor: Date Approved by Mayor for Submission to Council By BY g�'- I �� FAX(612)223-5198 PORT AUTHORITY OF THE CIN OF SAINT PAUL TOLL FREE (800) 328-8417 1900 LANDMARK TOWERS • 345 ST. PETER STREET • ST. PAUL, MN 55102 • PHONE(612) 224-5686 January 18, 1989 �CEIVED JAN 2 01989 Mr. A I bert o I son CITY CLERK City Clerk Office of the City Clerk 386 City Hall & Court House St. Paul , Minnesota 55102 SUBJECT: ENTERPRISE ZONE CREDITS ST. PAUL STAMP WORKS Dear Mr. Olson: Enclosed is the fully executed Participation Agreement for the St. Paul Stamp Works project for your files. Sincerely, �. � �i�°-� ! John A. Campobasso Director • Industrial Development J AC:ca Encl . EUGENE A.KRAUT,C,I.D.� PERRY K.fEDERS,C.P.A. JOHN A.CAMPOBASSO,C.I.D.� JAMES E FAUE,C.I.D.� JAMES E TERRELL C,LD.� EXECUTNE VICE PRESIDENT.GEO. ASST.EXEC.VICE PRESIDENT,C,F,O, DIRECiOR INDUSTRIAL DEVELOPMENT DIRECTOR REAL ESTATE OPERATIONS DIRECTOR ECONOMIC DEVELOPMENT LAWRENCE H.LANGER,P.E. RICHARD A.GIERDAL PATRICK E.DEAN,C.P.A. ROBERT A.MITfET,C.P.A. KAMERON L CARLSON.C.P.A. WILLIAM E.McGIVERN CHIEF ENGWEER PROPERiV MANAGER FINANCE DIRECTOR ASSi,FINANCE DIRECTOR ACCOUNTING MANAGER DIRECTOR PUBLIC RELATIONS COMMISSIONERS: GEORGE W.WWTER WILLIAM R.PETERSON HOWARD M.GUTHMANN JEAN M.WEST VICTOR P.REIM JAMES SCHEIBEL ROBERT C.LONG PRESIDENT VICE PRESiDENT SECRFfARV ASST.SECRETARV TREASURER ASST.TREASURER COMMISSIONER �C.I.D.CERTIFlED INDUSTRIAL DEVELOPER ,� , � . PARTICIPATZON AGREEMENT RIVERFRONT ENTERPRISE ZONE CITY OF SAINT PAUL Preamble 1. Participating Business: 2. Application Approval �t pa�il Stam* Works, Inc. Name Date November 17, 1988 946 Universitv Ave. West Address C.F. No. RR-1R94. St. Paul , MN 55104 City Council Employment Property Classification Effective For Assessment Years 19 �_ thru 19 �_ Employment Property Classification Certification by Commissioner Department of Revenue dated January 10, 1989 (Attachment C) 3. (Persons)(Officers) Authorized to Sign for Participating Business: Edmund M. Mellqren III Name Name Treasurer Title Title Signature Sip,nature 4. Person Authorized to Receive Communications for Participating Business: Edmund M. Mellqren III Name Is Authorized to Receive Communications From the City or State on Behalf of Treasurer the Participating Business. Title 946 Universitv Ave. West Address 646-9661 Telephone 5. Description of Property to Receive "Employment Property" Classification (Use Description From Ramsey County Department Space for Use of of Taxation, 126 City Hall and County Courthouse): Ramsey County Dept. of Taxation PIN Classification Entered: Date: Lot 1 , Block 1 , Empire Builder Industrial Park (Use Reverse Side of This Page If Necessary) 6. Alternative Local Contribution: Yes X No Description An alternate local contribution plan comprised of buildin4 demolition, site preparation and infrastructure improvements within the Empire Builder Industrial Park was approved bv the Minnesota Dept. of Trade and Economic Development. 7. Types of State Tax Reduction: (a) Sales Tax Exemption Amount (b) Income Tax Credit (1) Employee Credit X Amount $ 24,000 (2) Debt Service Credit X Amount $136.000 (c) State Paid Property Tax Credit Amount The type and amount of exemption and credits shall be those as certified by the Commissioner of Energy and Economic Development. If there is variance between this section and the Commissioner's Certification, the latter will control (Attachment C). Subject to compliance with this Agreement, to the provisions of Minnesota Statutes 1984, Section 273.1312 to 273.1314 inclusive, and such regulations as may be adopted by the Department of Revenue or of Energy and Economic Development (the "Act"), and upon filing proper tax returns and schedules, the participating business is eligible for credits as appropriate against Minnesota income tax and property tax liabilities for the tax years 19 $$ through 19 91 . 8. COVENANTS BY PARTICIPATING BUSINESS: In making application for enterprise zone credits, the participating bu'siness has represented and hereby covenants, for itself and its successors or assigns, (the "Participating Business"): (a) that (it) (XXX�i�4�t will submit construction plans and evidence of financing and will commence, diligently pursue and timely complete improvements to the property described in Section S above in the dollar amount and as specified in the "Property Improvement Schedule" annexed hereto as Attachment "A". Commencement Date December l , 1988 Completion Date June 1 , 1989 Amount $ 876,562 (b) that (it) (XXxl�l�) will recruit, employ and train new employees resident in the economic hardship area designated in the Riverfront F.nterprise Zone Program, or persons who are unemployed and economically disadvantaged or of a protected class in accordance with the provisions of the "EMPLOYMENT AND TRAINING SCHEDULE" annexed hereto as Attachment "B", and that the minimum number of new employees shall be as follows: Number of New Employees $ - (c) that (it) (Xxxl�7�) will maintain complete records respecting its performance of the covenants set forth in Section 8(a) and (b) herein, and permit access to said records by accredited representatives of the Minnesota Commissioner of Revenue, Ramsey County Tax Department and Saint Paul Port Authority; that (it) (XxX��2) will report quarterly to the Division of Job Creation and Training the number of hires covered by this Agreement; and that upon request and at least annually (it) (XxX�ue� will report to the Saint Paul Port Authority on forms provided by the Saint Paul Porf Authority on construction completion, new hires and other direct or indirect economic activity resulting from its facility operations in the Riverfront Enterprise Zone. (d) that (it) (XxX� will promptly and satisfactorily perform each covenant herein undertaken and each other requirement of the Act, the Program or of this Agreement imposed as a condition of the approval of the application for and grants of tax credits and designation of property classification. 9. REVOCATION The Council may revoke an alternative local contribution and may request the Commissioner of Revenue to approve the revocation of a classification pursuant to the Act if_ it finds and determines by resolution, after hearing upon notice mailed to the applicant by certified mail at least 60 days before the hearing, that (a) The construction or improvement of the Participating Business' property and operating facility has not been completed within two years after the approval of the classification, or any longer period as may be provided in Section 8(a) hereof; ,, �G�''�('�°� T (b) The Participating Business has not proceeded in good faith with the construction or improvement of the facility, or with its operation, in a manner which is consistent with the purpose of the Act, the representations of the application, or the covenants of this Agreement; or (c) The Participating Business has misrepresented a material statement contained in its application for tax credit has failed to perform any express covenant of this Agreement or is not in continuing compliance with requirements or conditions for approval or grant of an alternative local contribution, state tax reductions or credits under the Act, the Program or this Agreement. REVOCATION OF AN ALTERNATIVE LOCAL CONTRIBUTION OR OF AN EMPLOYMENT PROPERTY CLASSIFICATION 3HALL TERMINATE STATE TAX EXEMPTIONS, CREDITS AND REDUCTIONS. The City Council may impose or request imposition of a remedy other than revocation, including withholding, of eligibility certifications for credits, exemptions or reductions, or institution of suit for specific performance or other remedy in law or equity. No failure of the City to exercise or make selection of a particular remedy for breach of this Agreement by the Participating Business shall be deemed a waiver of its rights to enforce performance by the Participating Business of its obligations under the Act or this Agreement by any remedy available to the City in law. 10. RECAPTURE - In the event the Participating Business ceases to operate its facility in the Riverfront Enterprise Zone within two years after the expiration of tax reductions under the Act and this Agreement, the Participating Business covenants and agrees that it shall repay the amount of tax reductions and of the local contr"ibution pursuant to the following schedule: Termination of Operations Repayment Portion Less than 6 months after expiration of tax reductions 100 percent 6 months 75 percent 12 months or more, but less than 18 months 50 percent 18 months or more, but less than 24 months 25 percent The repayment shall be immediately due upon such cessation of operation of its zone facility, payable to the State of Minnesota to the extent it represents an income tax credit or reduction and payable to the City to the extent it represents a property tax reduction or other local contribution. 11. OTHER TERMS , . , �'�' - /�� y� 12. EFFECTIVE DATE This Agreement has been accepted and executed on behalf of the Participating Business by the officers whose titles and signatures appear in Section 3, above The Application and Agreement have been approved by action of the Saint Paul City Council as recited in Section 2 above, and is executed on behalf of the City of Saint Paul by the officers whose titles and signatures appear below. This Agreement shall be effective upon its execution in Section 2 above and its delivery to the City of Saint Paul by the Minnesota Commissioner of Revenue or his authorized designee. CITY OF SAINT PAUL � B Date MAYOIjr-� � ��, ) ( �� p gy V �/�� Date �/'_��-0 � C CLERK � 1 � �� gy � Date DIRECT R DEPARTME OF FINANCE & MANAGEMENT SERVICES �_��! � Appr d as to Form �� '—� r A sistant City Attorney � ,' ' PROPERTY IMPROVEMENTS SCHEDULE , � ATTACHMENT "A" PARTICIPATION AGREEMENT RIVERFRONT ENTERPRISE ZONE ST PAUL STAMP WORK�, iNr._ _ PARTICIPATING BUSINESS A. Faciliry description The companv will construct a 20 950 sq�are foot building r.nncisting nf ti,�nn�rp feet of office and 14,750 s9uare feet of nrod � . -i�n spar_P_ ThP f�cilit� w;ll hP constructed on 2 15 acr�es of land in Em�jre Build r Tndi�ttrial Park_ B. Construction Specifications(identify every specification or drawing, title;date and approving architect or engineer)* All construction specifications will be submitted to the Port Authority for review. (copies of each drawing or specification must be supplied to the P01"t AUthOt"1 ty� C. Construction Cast Detail Estimated construction costs - $876,563. All disbursements will g� thrn�i�h the Port Authority. D. Financing commitments(equity and mortgage financing) Port Authoritv has approved the sale of tax exempt revenue bonds under Resolution No. 876. * Preliminary plans may be submitted with the Application.Within days of approval of this Application by the Commissioner of Revenue,final construction plans and specifications acceptable to the Ciry will be submitted. ST. PAUL STAMP WORKS, INC. PARTICIPATING BU I ESS aint Paul By gy gy �r� . � , EXHIBIT B �� °�� CITY OF SAINT PAUL � � FIRST SOURCE EMPLOYMENT PARTICIPATION AGREEMENT Participating Employer: Saint Paul Stamp Works, Inc. Address: 946 University Ave. W. , Saint Paul, MN Z�p: 55104 Phone: 646-9661 Authorized Contact Person: Edmund Mell�ren III Estimated Number of New Jobs: 9 I. GENERAL A. The Ciry desires to increase employment opportunities for unemployed, economically disadvantaged City residents participating in the comprehensive employment and training services provided through the Saint Paul Employment and Training Cerner. B. DevelopedEmployer agrees to use the City as its primary source for recruitment, training, referral, and placement of new or replacement employees in accordance with the terms of this Agreement. � C. The City's delegate agency will be the Job Creation and Training (JC'� Section in the Department of Planning and Economic Development, Saint Paul, Minnesota, or any other appropriate Ciry agency as may be designated by the Mayor. D. This Agreement becomes effective upon the date hereof and shalt continue for five years from the time Employer/Developer occupies any developed facilities unless otherwise specified as provided herein or until the job creation goals as described in the Estimated Hiring Schedule (Attachment 8) are fullfilled. - E. This Agreement shall be applicable to all Developer/Employer new or replacement entry level positions for which unemployed, economically disadvantaged persons might reasonably be available. This Agreement shall not apply to those jobs covered by existing collective bargaining agreements or other Devetoper/Employer Agreements, where the terms of this Agreement would cause Developer/Employer to breach the provisions of such agreements. F. The Developer/Employer shall incorporate this agreement in each lease and sale agreement for space, if any, developed with public assistance, provided by or through the City of Saint Paul in a manner in which the space so leased or sold and the - lessee or purchaser thereof shall bear a proportional share of the job placement io be accomplished_�der this agreemeM. ____ tl. RECRUITMENT - A. The employment positions covered by this Agreement include all DevelopedEmployer job openings in the classifications; titles and qualifications contained in Attachment B. B. The Developer/Employer will notity Job Creation of its need for new employees in covered positions as soon as the Developer/Employer decides to hire such employees or, if possible, fifteen (15) v�orking days prior to the expected hiring dates. Notification will include the information in Attachment A. C. The Developer/Employer will provide Job Creation with its best estimate of the number and timing of potential job openings through use of the form provided in Attachment B. D. The Developer/Employer may notiy Job Creation of any vacancies not covered by this Agreement. Although the DevelopedEmployer is not obligated to hire employees from Job Creation referrals, they must consider such individuals for hire in good faith. ' E. Job openings which_are filled by internal promotions from the Developer/Employer's existing work force are not covered by this - Agreement. --- III. REFERRAL A. Job Creation will refer applicants according to the qualifications requested by DeveloperlEmployer. B. If training for specific jobs has been agreed upon between the City and Developer/Employer in a separate agreement under Section V, hereof, trainee applicants will be considered qualified only when the training is successfully completed by applicant. C. Developer/Employer reserves the right to make all decisions on hiring new or additional employees, including the qualifications of applicants, but agrees to hire for covered positions from among those persons referred by Job Creation who meet the job descriptions and qualifications or other persons certified as eligible. D. The Job Creation and Training Section will coordinate its referral and placement efforts with the Minnesota Job Service. Referrals and placements from either organization will apply toward the total hiring goal stated herein. �City of Saint Paul �... �: Job Creation and Training Section IV. PLACEMENT A. When Developer/Employer notifies Job Creation of job openings in covered positions prior to fifteen (15) working days in advance of the proposed date to hire, Job Creation will notity the Employer five (5) working days prior to the application submission date of the number of applicants Job Creation will refer. B. If Job Creation cannot refer the total number of qual�ed persons, the Job Creation and Training Section will notify the DevelopeNEmployer who may fill the remaining positions by any means. C. Job Creation will: a) provide assistance and monitor job retention of employees placed under this agreement for six months, and b) monitor Developer/Employer's performance under this Agreement. DevelopedEmployer will submit Quarterly Hiring Summaries in the form attached as Attachment C. D. After the Developer/Employer has hired an applicant referred by Job Creation, Job Creation will not be responsible for the employee's conduct and the DevelopedEmployer releases the City from any liabiliry for the actions of such employees. V. TRAINING A. Job Creation and the Developer/Employer may agree in a separate agreement to develop training programs including: 'OnThe,Job Training programs (OJT) 'Wage subsidy programs (Minnesota Employment and Economic Development Program (MEED) _= -�°- 'Customized Training Programs developed jointly between the City, EmployedDeveloper, and area educational institutions. B. Job Creation and Training will coordinate the provision of Enterprise Zone credits with the Saint Paul Port Authority andlor the Minnesota Department of Energy and Economic Assistance, if appropriate, through the Quarteriy Hiring Summaries. C. The Developer/Employsr agrees that it will not discontinue on-the-job training preseritly provided to its empbyees by reason � the provision by JCT �on-the-job training under this or a separate agreement. - - _ __ , __-� �- -- _ --- _- VI. CONTROLLING LAWS AND AGREEMENTS - - � A. If this Agreement conflicts with or requires DevelopedEmployer to breach an existing c�lectrve bargaining agreement or any - other existing agreemer�ts, said agreements shall prevaiL B. DevelopedEmployer will provide Job Creation with written evidence that DevelopeNEmployer has provided the representative of any collective bargaining unit with a copy of this Agreement and has requested comments from said unit. DevelopedEmployer will provide such comments to Job Creation. C. The Developer/Employer will comply with any local, state, or federal law or regulation as they pertain to the EMerprize Zone designation. PARTICIPATING EMPLOYER: � .��y' �'.`�� io By: t.��rssr ��-� � Date: /4/88 ' . Title:� �%�� ' ,_gY� Date: ___ ___ __ -- Title: =— CITY OF SAI T PAUL BY� Date: Direc,i6r�of Planning & con �ic Dev81 ;ment �� '_ _,'`: - S�5' BY: l -� �':: Date: Director of Fi�ance & Management Services �:'�- , _-..-r. . APPROV AS TO FO � Date: /� -��"�� Assistant orney � , : � ��'- /�a� ATTACHMENT A JOB ORDER FORM t. Employer 2. Date Client Response Date (SPETC) By: 3. Job Title 4. Number of Openings 5. Job Location 6. Contact Person Phone 7. Superoisor � 8. Starting Date 9. Starting Salary $ per 10. Benefits 11. Days to be worked 12. Hours of Work _ _ -- 13. Will union membership be required? Yes No UnioNLocal 14. Duties of position (may attach description) � - _, - -- - - — —. —._ -_ 15. Necessary Oualifications = - = _ = _ : _ Skill Level (inGude licenses and/or certificates necessary) Education: Specialized Training: Experience: _ 16. Are your employees in this position expected to provide any necessary t�'s�in the job(s)? Yes --NB==Y (If yes, please attach an itemized list (with prices) of tools required for each position.) - -- �7. Could a person with limited English speaking skills perform this job? Yes No 18. Is public transportation easily accessible? Yes No 19. Does the job required shift work or other than traditional hours? Yes No (If yes, please clarify) � Return To: St. Paul Employment & Training Center 615 So. Chatsworth � Saint Paul, Minnesota 55102 ,._,..�.,_.. , ATTACHMENT B ' � ESTIMATED HIRING SCHEDULE City of Saint Paul Department of Planning and Economic Development - Job Creation and Training Section Employer Saint Paul Stamp Works, Inc. Date October 4, 1988 Transfer from Future Job Other Immediate New Hires Titles Locations New Hires (No. & Date) Production (production of tags (1) within 3 months and nameplates; $6.00 per hour) Full Charge (1) 6 months Bookkeeper (general ledger and computer - responsibilities) -- --- Salesperson (1) 6 months (direct sales, local• base plus commission) Commission Sales (3) 6 to 12 months Telemarketing (cold calls to (3) 6 to 12 businesses nation- months wide; $5.00 per hour . r � ATTACHMENT C QUARTERLY HIRING SUMMARY For Quarter Ending Please list below the positions in your firm which are covered under the first Source Employment Participation Agreement with the Ciry of Saint Paul. Also list the number of hires for each position and return this form to the Job Creation and Training Section within ten (10) days. Additional information on hires may be attached as needed. Title of Position Total Number of New Hires L 2. 3. 4. 5. 6. —_ 7. 8. - - - --- - I certify that the above information is�rue and accurate. Authorized Signature Tdle Participating Employer Date Please return this brm to: City of Sair�#yaul _ - - _ Departmer�Tofl�lanning and Economic=9ev�opment - _- Job Creation and Training Section ---- - 25 West Fourth Street Saint Paul, Minnesota 55102 Attn: Kathy Korf " � l'�i7'G h�l G�O I� � C O� II C G/�r,�o Q► r� �iC r� �G�" . y . i✓�� V' �i�II tJ'LIh�lMOr� �! �/�-+G��j�y� ,.�r/ ATTi4�HMENT A � 'OB ORDER FORM �` -- - 1. Employer 2. Date,,/D -/3 -� Client Response Oate (SPETC) By: �— . L • . � 3. Job Title_/`�'i �d'/ � !J//G'C! 097 . Number of Openings l �ss0✓•i�s 7�G EMI�irP� d�/ILO.�2 5. Job Location ' 7'� � �' ++ � r�i�► .�3a.- � // � y� -- 9G `� `l & Contact Person �A �/p� Pnone 7. Supervisor 8. Starting Date /��G�/0 9. Starting Salary $ � . DO Per 10. Benefits c3 11. Days to be worked _ ��— /�--` 12. Hours of Work �:�Q — �•.3 � C�'O r+��C O v1� �7 i�+�C, 13 1AIiN�nion memberst�ip be required? Yes No UnioNLocal /� / . 1 14. - Duties of position (may attach description) /�i�d� �b c�r��G 77� O r� r»G / ' � r J . � r f _ �i�asary ouanr�cacions /�c�:r��7 Y, , L�o �c�h: or, c�» v ey o� � _ � � -.- - / -- _ � - rJ 0 G�/yi h C�r�G��4 riCi/ = - _-: �lcill Level (include licenses andlor certificates necessary) � _ _ . . � Education: ♦ ' �� Specialized Training: � r � ' ; Experience: U� � C.3� /��J'_ �i�G�i�c�c1 ,�l�bi'1/ R��!✓�CI�i�'-�r'� Gt e /�/Lf'« . T— 16. ��rour employees in this position expected to previ�e any necessary tools in the job(s)? Yes tVo (If yes, please �C� an itemized list (with prices) of tools required� each position.) �� 17. Could a person with limited English speaking skills perform this job? Yes No �%/'� v `N�'G 18. Is public transportation easily accessible? Yes No ��Gh Pa 1�/ �� 19. Does the job required shift work or other than t�aditional hours? Yes No /Yl�r 4I� ,�'�- (If yes, please cfariiy) � Retum To: St. Paul Employment & Training Center 215 East Ninth Street � Sai nt Paul , Mi nnesota 55101 ��''�� , � Attachment 3 - Exhibi t D �'�'./�'a� �'�`��i,�'��`�l' ,'�� : '`�� ' 'l�/1'''��'� '�'� �C��-- r'� �"� ��'I �U L :�� • �'�_ .H �� ,.� I,i . I r�.�—y�yr��.'�L � ��f"II �!�j� ' ,, � . � t � /\� (c�� i--�r�� .I I� � �I_J l.��. ��r �"i�i'r��'.'�I ��I . I \� / l,��`�^_.��_�r i�y.v.y�^� �'° �� .'��' ��r�� \ 'M �� I ��.��r -- �� f . � �' I yr� i! ' '\ �r's��k �, i i j I I I��u....�i ��_�� I ��7 r"��I ' I��"` wn�n� �J��J� I � �,� _ .�� .— i�~� I�'4�'a�l a I�,��I� -��' ' �� a -�___1'.'.��:T'.:. _�r ��'----' _�'� ��I�� I�r�°j� � i; ;J •d � F�� rI J14----'-'- --' � �� - �--- � L \•v,`.`,f `��.... i (�' .(��—�.J��..i�1 S 1 ;�' -r�� .I �'�'�-- .j� — I�r� e1` r___ '�Y��J� ��J��` _, .�` �, j � 'i �I 1 �� (—�� ^�� _-L i �- __ ' � \ I �i _��L � - � � �� _- - - � 1-`J ��.iU l.il.� ��r � ,. � �r,��I"' •_ '1�- .e..,�.. .... 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Q -��--= SCA�E ,r N o wo aoo -�� +� � FEET � R H E1lterpriSe ZOriE Riverfra,c Initia�iv�e � fi��\ <q,� l,y,,,� , � ATTACHMENT C ,4c l �'h��'��i Form MINNESOTA DEPARTMENT OF TRADE AN� ECONOMIC DEYELOP � O,�• EPA CerFiticaticn a�d Appl(catlan for Entsrprise Zone r6S11t ✓ Sj, �F'` 9N,j '��vi PART 1 '� �, ame us ness nnes a um r ra um � 4� L`�,,� St. Paul Stam Work Inc. 832 744 41 63 '°FO� ress num r an s ree � ame an e ep one num r person o con a a � iness if we have questions about this fortn. �q�C' 946 Universit Ave. We Edm n M M 11 ren III 64 - i y a e p e St. Paul MN 55104 esc r e expans on ac v y square ee expans on, num r �o s crea e , ncrease n pay ro , increase fn market value, cost of expanslon, descripttrn af business and nature of its product). The company W1�� onstruct a 20 950 sguare foot produ t�on facility with an estimated market value of 800 000 with �otal investment over 1 .2 milli n d 11 rs S . Pa 1 S a�r� W rks i n f P�r �i (Over) E:t� Zans Cred(ts T-3�-tax paT�urchases of constrvctton mate rtals or equipment......................... 1. 2. Interest paid rn debt to finance crnstrvction of ner+ facillty.............................. 2. $136,�� 3. a. Numbe r of worke rs employed....................................... 3a. $ b. Crsdit pe r worke r (fran I (ne 6 belaw)............................ b. , c. Multiply the numbe r rn Iine a by the amount on line b.................................. 3c. 2 4.Q�� Border City Zones Only � �u be�o� wo•fce rs emp�ayed....................................... 4a. b. Credit perworlcer (fram line 7 bela+>............................ b. c. Multiply the numbe r on Ifne a by the amount rn line b.................................. 4c. Tcta I C red i ts � �T a en erprfse zone credits (add Iines 1� 2, 3c and 4c).................................. 5. $16�,0�� n e rp r se one y ame an e e one num r pe rsrn o con a we ave ques i ons a ou tnis to�. �ohn A. Campobasso, Port Authority of the City St. Paul , Minnesota of Saint Paul -- 612/224-5686 ega esc r p on p rope y or w c c re s c a me . Lot 1 , Block 1 , Empire Builder Industrial Park 6. Ffll in the crsdit amount to be alla+ed for each employee.................................. 6. $3,000 7. Borde r city zones rn�Y - Fill In the credit amount to be allaved for each emplayee......... 7. 8. Check the app rop riate boc: f 1 new factlity ! 1 expanstan af existing facility Also fi I I (n the amount af credit to ba al Iwed for property tax payabie fn 19 ......... 8. 9. Borde r�cit zones rnl tfor existing factltties) FT1T1n�ie amount�credit to be ai lwed for property tax payable in 19 .............. 9. xa con r u rn exp a n w e e rm n one e uc rns An.al 21" d 1V �OCd CO t ibution lan COm- Beginning Balance........ prise�d ot� �bui�d�ng �demoQi�ion, sit� prepara- Otferfng to Canpany...... tion and infrastructure improvements within Remafntng Balance........ . Em ire Builder Industrial Park was a roved b Commissioner of Tra e conomic Develo ment ctober 4, 1985. I hereby declare and ce rti y that the appitcatirn is trve and correct to the best of my kna+ledge and belfef. � g� �� PP �� -. a e �J —?' / � y e o m n s ra or a e omm ss oner ra canam c eve opme a e � Ce rtificatian that app icant is tocated fn the Enterprise Zone and credtts are available. ' ece y ca ae F VII/10-1, 10-2, 10-3 Fortn EC-00060-01 INSTRUCTIONS If you wish to claim the enterprise zone credit, you must complete Part 1 of this form and have a representative of the enterprise zone city fill in Part 2 to show the amount of credit the city will allow. The representative and an elected official must also certify that the information is correct by signing at the bottom of the form. After the information has been certified by the city, it must be sent to the Department of Trade and Economic Development for approval. Mail the form to: Minnesota Department of Trade and Economic Development Community Development Division 900 American Center Building 150 East Kellogg Boulevard St. Paul, MN 55101 After the form has been approved by the Department of Trade and Economic Development, the Department will notify the Enterprise Zone City of approval. Note: If you stop operations in the enterprise zone within two years after you claim these credits, you will have to repay all or part of these credits. This form should be filed with your county auditor if local property tax reductions (4D property reclassification) or state paid property tax credits aYe requested. If the city has allowed you a credit for property tax payable on line 6 (or line 7 for border city zones) , you must file this approved form with your county auditor to receive credit on your property tax statement. Contact 612/296-5005 for additional information. F VII/10-4 ** the largest manufacturers of marking and identification products in the country. These products include custom hand stamps for improving paper flow, decorative trim, nameplates and labels for identifying products and making equipment for stamping variable information on customer parts.