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New Hampton Transfer seeks county TIF help for $400K water-main to spur industrial expansion; supervisors ask for feasibility review
Summary
New Hampton Transfer & Storage requested county partnership — including potential TIF inclusion or urban-renewal mapping — to help fund a roughly $400,000 water-main extension that would enable expansion and additional warehouse capacity. Board members asked staff to meet with city and legal staff to clarify ownership, maintenance, annexation and funding options before committing county funds.
Jonas Sugarath, CEO of New Hampton Transfer & Storage, asked Chickasaw County supervisors April 13 to consider partnering on a water-main extension to support industrial expansion in the north corridor of New Hampton and to explore inclusion of affected parcels in an urban renewal (TIF) plan.
Jonas said the engineering estimate for phase two of the water-main loop — which would tie into a larger 14-inch main and provide an 8-inch feed to the north corridor — is "just over $400,000." He…
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