| PARK FEATURES |
| PARK LOCATION: |
NE Corner of City |
| PARK SIZE: |
94 acres |
| AVAILABLE ACRES: |
14 acres in served lots, additional large parcel available to the north |
| OWNER: |
City of Mondovi |
| HIGHWAYS: |
State Highway 37
US Highway 10 |
| UTILITIES: |
All installed, municipal |
| AIR: |
25 miles to Chippewa Valley
Regional Airport in Eau Claire |
| RAIL: |
No |
| ZONING: |
Light Industrial |
| PRICE: |
$15,000 per acre
(see land pricing policy below) |
City of Mondovi Land Pricing Policy
The City of Mondovi is utilizing Tax Increment Financing for the acquisition and development of the Mondovi Industrial Park. As a result, the City is in the position of providing an attractive loan acquisition package. The City proposes that the acquisition of the land be structured as a fully subordinated mortgage, interest free for three years. At the end of those three years, the land cost will be written down by an amount equal to $5,000 per employee. Financing of the balance of the site acquisition costs will be at 8 percent for seven years.
This process provides the best of both worlds for industries that construct a facility in the Mondovi Industrial Park. The land and development costs justify the acquisition price. However, the City is willing to provide direct, subordinated financing, which will be treated as equity from a lender's perspective on an interest free basis. In addition, the City of Mondovi will agree to reduce the purchase price of the land at the end of the three year period as a project "employee grant".
| UTILITIES |
| ELECTRIC: |
XCel Energy
P.O. Box 8
Eau Claire, WI 54703
(800) 472-2780
|
Contact directly with questions |
| GAS: |
Midwest Natural Gas
998 E. Main St.
Mondovi, WI 54755
(715) 926-4271
|
|
| WATER: |
City of Mondovi
156 S. Franklin St.
Mondovi, WI 54755
(715) 926-3866 |
Source: Wells
Maximum Daily Capacity:
- Pumping Capacity: 1,190 gal./min.
- Peak Load: 849,000 gal.
- Storage Capacity: 750,000 gal.
Rates as of October 2007:
- 5/8" meter $16.50/qtr.
- 1" meter $22.50/qtr.
- 1.25" meter $27.00/qtr.
- 1.5" meter $33.00/qtr.
- 2" meter $48.00/qtr.
- 3" meter $72.00/qtr.
- 4" meter $120.00/qtr.
- + 0-30,000 gal. = $2.85/1,000
- 31,000-900,000 gal. = $2.68/1,000
- Over 900,000 gal. = $2.19/1,000
|
WASTE WATER
TREATMENT FACILITY: |
City of Mondovi
156 S. Franklin St.
Mondovi, WI 54755
(715) 926-3866 |
Type: Mechanical A B Aerobic Digestion
Capacity: 380,000 gal./day
Present Load: 300,000 gal./day
Coverage: Storm/Sanitary
Rates as of October 2007:
- $18.07/qtr
- + $4.34/1,000 gal.
|
| TELEPHONE: |
Frontier Communications
217 S. Eau Claire St.
Mondovi, WI 54755
(715) 926-4241
www.frontieronline.com
|
|
| DISTANCE FROM MONDOVI TO: |
| Interstate Access |
17 miles |
| Eau Claire |
20 miles |
| Mississippi River |
20 miles |
| La Crosse |
70 miles |
| Minneapolis - St. Paul |
80 miles |
| Madison |
180 miles |
| Chicago |
300 miles |
BUFFALO COUNTY LABOR FORCE
- Buffalo County has a labor force of 8,100 workers with an unemployment rate of 7.2% for June, 2009.
- More than 3,300 residents commute to jobs outside of the county.
For more in-depth labor market data please visit the Wisconsin Department of Workforce Development.
Statewide Incentive And Comparison Information
Additional Resources
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