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Parkers Prairie Economic Development
Revolving Loan
Fund:
The City of Parkers Prairie has
economic development money available
to qualified business. The fund has
been established to provide matching
loans to businesses.
Revering Group, LLC
Leading the way in Parkers Prairie
business development.
The
Revering Group
of Parkers Prairie is working closely with City of
Parkers Prairie
leaders in promoting economic development and is
actively recruiting businesses to Parkers Prairie.
On the city's east side, the
George C. Revering
Industrial Park
is slated for a variety of manufacturers and businesses.
Five parcels of land--totaling approximately 50
acres--are available and approved for tax increment
financing and include:
s
Broadband
High-Speed Data
s Water
s Sewer
s Telephone
s All-Weather
Road
Parkers Prairie Area Development
Association will assist businesses
who qualify with low interest, short
term (three year) transition
financing. The Corporation will
consider requests for a waiver of
payments for up to 12 months. The
City will consider TIF for specific
projects. Contact Shorty Revering
with Revering Group for information
about the Parkers Prairie Area
Development Association.
The infrastructure is in place. All
we need is you! Come and realize
your dream. Contact the
Revering Group
for more information.
Revering Group LLC
PO Box 27
Parkers Prairie, MN 56361
800-630-9300
www.reveringgroup.com
info@mail.reveringgroup.com
Work Force -
Parkers Prairie boasts a work ethic that is
second to none, and a skilled labor force drawn
from neighboring communities. While agriculture
is still a big part of who we are, there are
many skilled workers in technology and
manufacturing, and businesses already in place
providing goods and services to the world.
Cost of Living -
With a smaller community comes a lower median
average cost of homes and property, not to
mention a lower tax base. Find out for yourself
how affordable life and business can be here.
Community Support -
Not only will you experience financial support
from local lenders, but you'll also feel the
support and enthusiasm of the people here. We
want you to succeed, grow, and expand because it
benefits all of us.
Police and Fire -
This community of about one thousand people has
its own police department in addition to a
well-trained volunteer fire and rescue
department that has been recognized as one of
the top departments nation wide among
communities this size.
Recreation -
Outdoor fun is abundant here. Escape to any of
the hundreds of lakes within a half-hour radius
of town. Wrestle with a walleye, swim, or
water-ski. Enjoy great hunting while in season.
Better yet, take a friend and hike up nearby
Inspiration Peak--Minnesota's highest point--a
glacial mountain formed thousands of years ago.
Do you like winter fun? Thousands of miles of
snowmobile trails are traveled by sportsmen and
women each year.
What is TIF
Tax Increment Financing (TIF)?
TIF is a tool to use future gains in
taxes to finance current improvements
(which theoretically will create the
conditions for those future gains). When
public projects such as a road, school,
or infrastructure improvement are
carried out, there is often an increase
in the value of surrounding real estate,
and perhaps new investment (new or
rehabilitated buildings, for example).
This increased site value and investment
sometimes generates increased tax
revenues. The increased tax revenues are
the “tax increment.” Tax Increment
Financing dedicates tax increments
within a certain defined district to
finance debt issued to pay for the
project. TIF is designed to channel
funding toward improvements in
distressed or underdeveloped areas where
development might not otherwise occur.
TIF creates funding for “public”
projects that may otherwise be
unaffordable to localities, by borrowing
against future property tax revenues.
Source: Wikipedia |
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Business Assistance
Regional
Workforce
Center Services to Employers
Provided At No Fee
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Access to
Labor Market Information
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Post available
jobs at ALL skills levels
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Accept
applications for recruiting
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Pre-employment
Testing
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Space for
interviewing
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Reception
assistance while using our office
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Link to other
resources
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Employer of
the Month Advertising
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Link to your
website & information about you
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Newsletter
with up to date information to help your business.
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Special
training grants opportunities for Existing Workers.
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Access to
State Economic Programs.
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Exporting/Importing Information
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Develop
opportunities for Industry Collaboration (i.e.
Healthcare, Machining, Inventor-Entrepreneur Club)
State
Minnesota Department of Employment
and Economic Development
The Minnesota
Department of Employment and Economic Development (DEED)
have programs available to assist businesses including:
What is MNPRO
MNPRO is a web based application that assists site selectors scouting
new business locations want lots of information about
potential facilities, communities, and critical
infrastructure. And they want it quickly. MNPRO
gives communities throughout the state the opportunity
to provide information about available commercial and
industrial sites as well as offer detailed community
profiles.
Why Use MNPRO – Company executives and site
selectors frequently turn to web-based tools and
databases to do initial research. MNPRO provides the
timely and relevant data that companies need most when
making business expansion decisions. Because MPRO
allows communities throughout Minnesota to easily create
and update community profiles and property listings
anytime, the information is always fresh. And
communities can even more value by offering links to
their own websites from MNPRO. Best of all, there is no
charge. Communities many list profiles and properties
for free. Company executives, site selectors and others
may search for free.
MNPRO Property Search
http://www.mnpro.com/home.asp?TargetFile=community_search.asp
MNPRO Community Profile Search
http://www.mnpro.com/home.asp?TargetFile=community_search.asp
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