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003-99 ~~ ~~ WINCHESTER I FREDERICK COUNTY ~ ~ Economic Development Commission December 09, 2003 LETTER TO THE GRW MOU FILE On January 17, 2002, the Frederick County IDA granted a one year extension to GRW in order for them to meet the tool & machine investment of $2,500,000 and create 60 new jobs per the Memorandum of Understanding dated July 14, 1999. Per the MOU, they could make 90% of these two stipulations and satisfy the terms and conditions On December 9, 2003, Ken Jones did an audit of the extension and found that their total investment had reached $2,794,313.04, which is 12% over the investment amount required by the MOU. They have only filled a total of 38 new jobs, which is only 63% of the number of jobs required by the MOU. In view of GRW having invested 12 % more than required by the MOU and the fact they are recruiting more employees at this time, it is recommended that the MOU conditions should be considered met. !lK<,r n R. Ri y, Jr J),/ 11/ rJ3 I Date /- 27-04 Date Approved at 01/28/04 Board Meeting 45 E. Boscawen St. . Winchester, \1:'\ 22601 540,665.0973 . fax 540.722.0604 . e-mail info@Wininva.com . illtemet http://www.wininva.com BOARD OF SUPERVISORS RESOLUTION GRW TECHNOLOGIES, INC. Upon motion made by Robert M. Sager, seconded by Richard C. Shickle, and on the votes hereafter recorded, BE IT RESOLVED, that the Board of Supervisors of the County of Frederick, Virginia, does hereby approve the payment of$73 ,149 .00 to the Frederick County Industrial Development Authority from the Frederick County Economic Development Incentive Fund to assist in the site development for GRW Technologies, Inc. BE IT RESOLVED, that said funds are subject to an executed Memorandum of Understanding outlining a performance criteria of the county. BE IT FURTHER RESOLVED, that the Board of Supervisors of the County of Frederick, Virginia, does hereby authorize the county administrator to execute this document on its behalf. ADOPTED, this 14th day of July, 1999. James L. Longerbeam Aye Robert M. Sager Aye Richard C. Shickle Aye Margaret B. Douglas Aye W. Harrington Smith, Jr. Aye Charles W. Orndoff, Sr. Aye A COpy TESTE: RESOLUTION NO.: 003-99 cc: Cheryl B. Shiffler, Finance Director C. William Orndoff, Jr., Treasurer ~ COUNTY of FREDERICK John R. Riley, Jr. County Administrator 540/665-5666 Fax 540/667-0370 July 8, 1999 CONFIDENTIAL TO: Board of Supervisors FROM: John R. Riley. Jr. pr:o New Industry Request rhe Economic Development Commission has requested that I brief you regarding a new project for the community. The enclosures contain a description of the project, a letter of commitment, a return on investment scenario, and a memorandum of understanding. The company's interest is in the Westview Partnership Building located in the Westview Corporate Centre. The company is a plastic injection mold facility producing component parts for the automotive industry. This operation would enhance our established plastic cluster. 107 North Kent Street · Winchester, Virginia 22601-5000 CONFIDENTIAL SUMMARY OF GRW TECHNOLOGIES, INC PROJECT Initial inquiry to the EDC: April 1, 1999 Source of inquiry: The Virginia Economic Development Partnership Description of proiect: GRW Technologies, Inc. is a German plastic injection mold operation producing various component parts for the automobile industry. The company is relocating their U.S. facility from New York to Frederick County. From this facility, they will distribute their product throughout the United States and will export component parts to Mexico and Canada. The buildin~:r 25,000 sq.ft. initially with the potential to expand to 40,000. The Westview Partnership Building #1 is a spec building already constructed in the Westview Corporate Centre. Work has begun to finish the facility for occupation before July 16. 1999. The site:. The building is located on a 4 acre parcel in Westview Corporate Centre. Investment: Estimated $1,100,000 in land and building, $6,400,000 in equipment over seven (7) years. Number of iObs: 60-85. Date of operation anticipated: July, 1999 June 23, 1999 Rolf Zoeller, Vice President GRW Technologies, Inc. 60 Old Country Road Quogue, NY 11959 Dear Mr. Zoeller: We are very pleased in your company's relocation decision to Frederick County in the Westview Business Centre and offer the following proposal to assist in this project. On June 16, we informally polled the Frederick County Board of Supervisors regarding the project. We are moving ahead with certain activities until they have the opportunity to formally take action on these items, which must be done in public session. Until that time, the project can remain confidential. We await your direction for the Board to proceed. Upcoming Board meetings are scheduled for July 14th and August 25th. A summary of our commitments follows: 1. To provide $73,149 in local funds through the Industrial Development Authority of Frederick County to assist in the purchase of machinery and tools. 2. To pursue Workforce Services pre-employment services through the Virginia Department of Business Assistance which can provide customized workforce training. This program also incorporates the recruitment costs. You are already in contact with Jeff Martin who will be able to provide the actual value of that program for you. 3. State and local sales and use taxes are exempted for items used directly in the manufacturing process-such as machinery and tools, as well as items used in packaging, etc. The value of that savings is 4.5% of purchases. 4. Permit fast track process. While this is not a cash investment, it impacts time and that is money. Frederick County has an experienced development process team, and it appears that all the actions necessary to bring your company to building occupancy are administrative in nature. It is a pleasure to offer this proposal and we look forward to a successful conclusion of this project. Recognize that the Board will need to be briefed again and take official action to firm up the proposal. You may call me directly or June Wilmot of the Economic Development Commission should you have a question. Sincerely yours, John R. Riley, Jr. County Administrator 0 0 ltf :Cj') 0 LO :.~.. LO O'l 0 0 00 ..",,:. ...;r 0 0 LO ..~ .:9:).: .... CO to LO 0 N .I ..N" a> ..- N ..:~. >- ffl ffl ffl ffl ..~: .:'.... ....... 0 0 0 :.lid: cO LO ...~ ...;r O'l 0 0 00 N' ...;r 0 0 LO ; ............. ..... to LO LO ::~:: 0 N CO N ..<<l.'. a> ..- N 0 LO :.~: 0 ..- >- ffl ffl ffl ffl :.~. ...~. I'- ..- 00 C') .,.....,.. 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E :.'~ >- :~ E a:: 0 0 Z ::J ::J en ::l en ..(2.. ]:1 z J: Z 0 - - 0 - 0 -.;::; f- -c I- -.;::; 0 C> C> a> a> a> (/) ~... :':'0.. Z -c en Z a> a> <( f- a:: a:: 0 a:: 0 UJ H <( 0 <( 0 UJ a:: a:: - - Board of Supervisors 540/665-5666 540/667-0370 fax James L. Longerbeam - Chainnan W. Harrington Smith. Jr. Shawnee District COUNTY of FREDERICK Robert M. Sager OpequonDistrict MEMORANDUM OF UNDERSTANDING Richard C. Shickle - Vice Chairman Charles W. Orndoff, Sr. Stonewall District Margaret B. Douglas Back Creek District This MEMORANDUM OF UNDERSTANDING, dated July 14, 1999, evidences the agreement among FREDERICK COUNTY, VIRGINIA, a political subdivision of the Commonwealth of Virginia (the "County"), the WINCHESTER- FREDERICK COUNTY ECONOMIC DEVELOPMENT COMMISSION, a joint commission of the City of Winchester and Frederick County, Virginia (the "Commission"), the INDUSTRIAL DEVELOPMENT AUTHORITY OF THE COUNTY OF FREDERICK, VIRGINIA, a political subdivision of the Commonwealth of Virginia (the "IDA"), and GRW TECHNOLOGIES, INC., (the "Company") regarding a relocation of their U.S. manufacturing facilities of the Company into a 25,000 sq.ft. speculative facility, (Westview Partnership Building #1) in Westview Corporate Centre built by the Ricketts Construction Company, Frederick County, Virginia. Inducement to Locate. To induce the Company to move forward with its proposed relocation, the County agrees to make a cash grant in the amount of Seventy Three Thousand One Hundred and Forty Nine Dollars ($73,149) to the IDA and that the IDA, in turn, shall make a cash grant to GRW Technologies, Inc. in an identical amount no later than December 1, 1999. The grant shall be 1 107 North Kent Street. Winchester, Virginia 22601-5000 used for the purpose of reducing start-up costs for machinery and tools investment required for the operation. Company Commitments. The Company commits to the investment of at least $2.5 million in machinery and tools; and the creation of a minimum of 60 jobs by July 2000. Cooperation. The County agrees to fast track any permits required by the expansion so that the appropriate permits, if prepared correctly by the Company, can be issued in time for occupancy to meet the deadlines above. Nothing in this paragraph shall be interpreted to require the county to issue any permits unless and until all conditions for such permits have been met. BindinQ. This Memorandum of Understanding shall be binding upon and inure to the benefit of the parties and their respective successors upon the date of acceptance. In the event the Company fails for any reason to achieve 90 percent of the investment and employment goals within 30 months after the start- up of the project noted above for a period not to exceed the length of the lease on the facility (five years), then the Company will repay to the Authority and the Authority shall repay to the County a proportional amount of the respective contributions to the project. COUNTY OF FREDERICK, VIRGINIA BY: TITLE: f Riley, Jr., County Administrator 2 DATE: July 15, 1999 THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE COUNTY OF FREDERICK COUNTY, VIRGINIA BY: TITLE: DATE: WINCHESTER-FREDERICK COUNTY ECONOMIC DEVELOPMENT COMMISSION BY: TITLE: DATE: GRW TECHNOLOGIES, INC. BY: TITLE: DATE: 3