Proposed Market Rate Apartment Project – EDA Spec Building

Proposed Market Rate Apartment Project – EDA Spec Building

 

EDA Public Hearing to Sell Property: 1925 North Redding Avenue

  • Regularly scheduled EDA Board Meeting

o   Date: July 13th

o   Time: Noon

o   Location: City Hall Council Chambers: 444 9th Street

 

Proposed Rezoning: 1925 North Redding Avenue

  • Regularly scheduled Planning Commission Meeting

o   Date: July 14th

o   Time: 7pm

o   Location: City Hall Council Chambers: 444 9th Street

 

The EDA has an offer to purchase the Spec Building on North Redding Avenue.  The proposed project is a 21 unit apartment.  The EDA Board will hold a public hearing on July 13th to discuss the project.  A purchase agreement would be contingent on rezoning and an agreement with Fast Global Solutions who is currently leasing the EDA Spec Building.  Fast Global Solutions has been leasing the EDA Spec Building since 2016.  We are currently researching new warehousing options with Fast Global Solutions.

Why Housing on the Spec Building Property?

Rendering EDA Spec Building

Proposed Site Plan – EDA Spec Building

Proposed Rezoning – EDA Spec Building

Traffic Impact

 

Please contact Drew Hage if you have additional questions and feedback regarding the project. 

Thank you,

Drew Hage | Development Director | Economic Development Authority of Windom

444 9th St., P.O. Box 38 | Windom, MN | 56101

507-832-8661 (Office)

507-822-5918 (Cell)

507-831-6142 (Fax)

drew.hage@windommn.com  | www.windom-mn.com/eda  

www.facebook.com/Development.In.Windom

 

July 2020 Healthier Living Newsletter

July Healthier Living Newsletter

Email Comments/Questions to:  Windom.wellness@windommn.com or ask a Wellness Committee member.

Committee: Cheryl Lillegaard, Dawn Aamot, Nancy Sajban, Dana Wallace, Drew Hage, Chelsie Carlson

 

MSRS Deferred Comp Update

MSRS Customer Service Changes During COVID-19 Social Distancing

As the spread of the Coronavirus (COVID-19) continues, MSRS remains open for business. Our priority is maintaining the health and safety of our participants and employees while still providing retirement benefits and services. 

Visit the MSRS website for the most up-to-date information on how we are currently conducting business. 

Required Minimum Distribution (RMD) Changes

The SECURE Act of 2019 changed the age retirement plan participants must begin taking RMDs from age 70½ to age 72. 

The CARES Act, signed into law this past March waives RMDs for calendar year 2020. Learn more about how the CARES Act impacts RMDs. 

Updated MNDCP In-Service Withdrawal Provision

The Further Consolidated Appropriations Act (FCAA) was signed into law in December 2019. The FCAA allows in-service withdrawals under governmental 457(b) plans at age 59½ (rather than age 70½ previously permitted for 457(b) plans).  

MNDCP adopted this optional provision effective June 12. MNDCP participants currently employed by a Minnesota public employer may now request a withdrawal for any reason after obtaining age 59½. An employee who takes an in-service withdrawal may continue to contribute to their MNDCP account. 

Schedule a Phone Meeting with MSRS

Over the past month, MSRS representatives have been busy communicating with participants over the phone who are concerned about stock market volatility, impacts on their retirement accounts and answering questions regarding MNDCP or HCSP accounts.

Now may be a good time to have your MSRS representative meet with your employees via phone appointments. Simply schedule some dates and your MSRS representative can send you a website link and/or flyer for your employees to sign-up online. 

Appointment scheduling made easy!

Sample Link
Sample Flyer