Forward New Richmond Committee

Forward New Richmond Committee Meeting Agenda Wednesday, August 16, 2023 at 2:00 p.m. Isometric Micro Molding 240 Wisconsin Drive, NR 54017 Enter Though West Door Parking - North & West Side of Building Page 1. CALL TO ORDER 2. ROLL CALL 3. ADOPTION OF AGENDA 4. CONSENT AGENDA a. Minutes from May 3, 2023 2-3 Forward New Richmond Committee - 03 May 2023 b. Community Development Updates - FNR August 2023 4-5 Community Development Updates 5. NEW BUSINESS a. Updates on Business & Technical Park 6 - 10 Business & Technical Park Updates - August 2023 b. Overview and Tour of Isometric Micro Molding 11 - 15 Isometric Micro Molding 6. COMMUNICATION AND MISCELLANEOUS 7. ADJOURNMENT  Forward New Richmond Committee Meeting Minutes Wednesday, May 3, 2023 at 12:00 PM Council Chambers The Forward New Richmond Committee was called to order on Wednesday, May 3, 2023, at 12:00 PM, in the Council Chambers, with the following members present: PRESENT: Mike Montello, Ryan Shervey, Carrie Borgstrom, Kent Elkin, and Liz Pizzi ABSENT: Karl Skoglund, Heather McAbee, Bryan Knutdson, and Pete Kling OTHERS Noah Wiedenfeld, Beth Thompson, Nick Vivian, Jim Zajkowski, and Ron PRESENT: Volkert CALL TO ORDER ROLL CALL ADOPTION OF AGENDA Ryan Shervey made a motion to approve the Agenda as presented. Carrie Borgstrom seconded the motion. Carried unanimously. CONSENT AGENDA Ryan Shervey made a motion to approve the Consent Agenda. Kent Elkin seconded the motion. Carried unanimously. NEW BUSINESS WELCOME AND INTRODUCTIONS New members Liz Pizzi and Kent Elkin were welcomed. Each member introduced themselves and gave a bit of background as to why they volunteered to be on Forward New Richmond. OVERVIEW OF BOARD/COMMITTEE ROLES AND RESPONSIBILITIES Noah Wiedenfeld gave an overview of various Boards and Committees and there respecitive roles and responsibilities. The City currently has 19 boards and commissions consisting of 80 plus citizens. All of the members are appointed and confirmed by the Mayor and City Council. The terms can vary in length from 1 - 5 years. Noah discussed the role of staff and the Mayor / Citiy Council. Noah talked a bit about how FNR relates to the Plan Commisison, Community Development Authority, Tourism Committee and City Councill. A flyer was distributed to give more details to FNR members. Forward New Richmond Committee Meeting May 3, 2023 Carrie Borgstrom made a motion to go into Closed Session. Liz Pizzi seconded the motion. Carried unanimously. CLOSED SESSION Closed Session per Wis. Stat. 19.85(1)(e) Deliberating or negotiating the purchasing of public properties, the investing of public funds, or conducting other specified public business, whenever competitive or bargaining reasons require a closed session. DISCUSSION OF SALE OF LAND IN THE BUSINESS & TECHNICAL PARK • PARCEL ID 261-1070-44-200 (NORTH OF ELLICOTT DREDGE TECHNOLOGIES) AND PARCEL ID 261-1070-44-080 (WEST OF ELLICOTT DREDGE TECHNOLOGIES) DISCUSSION OF SALE OF LAND IN THE BUSINESS & TECHNICAL PARK • PARCEL ID 261-1070-44-090 (NORTHWEST CORNER OF INTERSECTION OF W RICHMOND WAY AND MADISON AVENUE) Ryan Shervey made a motion to go into Open Session. Carrie Borgstrom seconded the motion. Carried unanimously. OPEN SESSION - ACTION ON CLOSED SESSION AGENDA SKIP Mike Montello made a motion to recommend approval to the City Council for project 1- PID #261- 1070-44-200, as discussed in Closed Session. Carrie Borgstrom seconded the motion. Carried 4-1 (opposed: Ryan Shervey). skip Mike Montello made a motion to recommend approval to the City Council for project 2 - PID #261- 1070-44-080, as discussed in Closed Session. Kent Elkin seconded the motion. Carried 3-2 (opposed: Ryan Shervey and Liz Pizzi). skip Mike Montello made a motion to advise the City Council FNR is not in favor of project 3 - PID #261- 1070-44-090, as discussed in Closed Session. Carrie Borgstrom seconded the motion. Carried 3-2 (opposed: Ryan Shervey and Liz Pizzi). COMMUNICATIONS AND MISCELLANEOUS Beth Thompson informed the FNR members that the next meeting will be held on June 21, 2023 at noon. At that meeting members will decide what days/times meetings will be held for the upcoming year. ADJOURNMENT Ryan Shervey made a motion to adjourn the Forward New Richmond meeting. Kent Elkin seconded the motion. Carried unanimously. Forward New Richmond Committee Meeting May 3, 2023  MEMO Prepared for: Forward New Richmond Staff Contact: Beth Thompson Meeting: Forward New Richmond Committee - 16 Aug 2023 Subject: Community Development Updates - FNR August 2023 BACKGROUND INFORMATION: Building / Zoning Updates – July 31, 2023: Number of Building Permits - 195 Number of New Dwelling Units - 35 Number of Inspections - 566 Residential Construction Value - $9,835,439 Commercial Construction Value - $10,685,929 Building Permit Fees - $139,027 In June of 2023 the City of New Richmond approved new impact fees, which went into effect on July 1, 2023. The City is now collecting for the following impact fees: • SAC Charges • Water Facility Fees • Transportation Fees • Library Impact Fees • Law Enforcement Fees • Stormwater Fees • Park Fees Occupancy Update: The building inspector has given occupancy for one single-family home, and one twin home for the month of July. Also in July, the inspector has given occupancy of the new Deerfield building, which is a 24-unit apartment complex. Economic Development: Community Development staff has continued to meet with our local businesses in regards to our Business Retention and Expansion Program. Through July we have met with 105 of our local businesses. These meetings have given us a great opportunity to learn more about our local businesses along with learning about future expansion and employee needs. This program will take some time and staff will be working on completing this program throughout the 2023 year. In the realm of Economic Development, City staff is completing calls to brokers, developers, land owners, etc. in regards to making connections and attracting possible new businesses to our community. Chamber Events for August, Community Development staff attending: On August 3rd there was a Ribbon Cutting event for Simply Bowls, located at 228 Paperjack Drive. Welcome Simply Bowls! On August 25th at 1:00 p.m. there will be Ribbon Cutting for Willow Countryside Villas located at 1728 County Rd A. Please join us! Another great Chamber Event is the Welcome Back Educators - this event will be held on August 23rd at the High School. Page 2 of 2  MEMO Prepared for: Forward New Richmond Staff Contact: Beth Thompson Meeting: Forward New Richmond Committee - 16 Aug 2023 Subject: Updates on Business & Technical Park BACKGROUND INFORMATION: Since FNR has several new members I wanted to do a quick review of City owned land in our Business & Technical Park, Tax Increment Districts (TID), Rights-of-First Refusals and land that is either sold, on-hold or in the process of purchase agreements. This will give FNR an idea of what remaining land we have for future discussions. Below is a quick snippet of our Business & Technical Park that we will be discussing. TID / TIF General Information: What is a TID? A Tax Incremental District (TID) is the land area associated with development and redevelopment projects. What is a TIF? Tax Incremental Financing (TIF) TIF basic function TIF is a financing option that allows a municipality (town, village or city) to fund infrastructure and other improvements, through property tax revenue on newly developed property. A municipality identifies an area, the Tax Incremental District (TID), as appropriate for a certain type of development. The municipality identifies projects to encourage and facilitate the desired development. Then as property values rise, the municipality uses the property tax paid on that development to pay for the projects. After the project costs are paid, the municipality closes the TID. The municipality, schools, county, and technical college are able to levy taxes on the value of the new development. TIF use varies depending on the project and the municipality. In some cases, the municipality chooses an area it would like to develop or that is unlikely to develop without assistance. Then the municipality designs improvements (ex: roads, sidewalks, sewer systems) to attract growth. In other cases, a developer or company identifies a site where they might locate. A developer may also negotiate with the municipality to use TIF to fund some improvements (ex: demolition, soil clean up, roads, water) the developer needs. Either way, an area facing development challenges receives help to grow. This creates a larger tax base for the municipality and the overlying taxing jurisdictions (ex: schools, county, technical colleges). Generally, when the tax base grows and spending is stable, tax rates go down, decreasing property taxes for everyone. How TIF Works? When a municipality creates a TID, the municipality and other taxing jurisdictions agree to support their operation from the existing tax base within the TID. They agree the municipality will use the taxes on the value increase in the TID to pay for the investment. Information on current TID's in New Richmond: Tax Increment District #7 • Creation - July 14, 2003 • End of Expenditure Period - 2025 • Termination- July 14, 2030 • Increment value - $6,192,700 Page 2 of 5 Tax Increment District #9 • Creation - June 25, 2008 • End of Expenditure Period - 2030 • Termination- June 25, 2035 • Increment value - $3,683,000 Tax Increment District #10 • Creation - June 30, 2014 • End of Expenditure Period - 2029 • Termination- June 30, 2034 • Increment value - $7,354,000 Tax Increment District #11 • Creation - January 10, 2022 • End of Expenditure Period - 2044 • Termination- January 10, 2050 • Increment value - $0 Page 3 of 5 The City of New Richmond currently has two agreements (on three lots) with local businesses regarding right of first refusals. 45th Parallel's agreement for right of first refusal includes two - 4 acre parcels, for land directly to the west of their current facility. 45th Parallel has the right of first refusal for these two lots until August 24, 2023. Isometric Micro Molding has a right of first refusal on the most northern 15 acres of our open 23 acre parcel. Isometric Micro Molding has the right of first refusal until February 13, 2024. Page 4 of 5  RECOMMENDATION: No action needed from Forward New Richmond. Page 5 of 5  MEMO Prepared for: Forward New Richmond Staff Contact: Beth Thompson Meeting: Forward New Richmond Committee - 16 Aug 2023 Subject: Isometric Micro Molding BACKGROUND INFORMATION: The FNR Committee is fortunate to hold its August 2023 meeting at Isometric Micro Molding. As a bit of background, I have put together a quick memo on Isometric Micro Molding all information has been taken from their website or bios on their management team. Isometric Companies History Over 30 Years of Micro Solutions The rich history begins with Founder Michael T. Hudalla, who formed Isometric Companies, Inc.’s, first division, Isometric Tool & Design, Inc., in 1990. At that time, the Isometric vision was to manufacture tooling and provide manufacturing solutions to exacting specifications for ultra-small, ultra-precise, and ultra-complex applications. In 2009, a specific customer-driven need prompted the addition of a complimentary core competency in micro automated assembly systems. During this time, the Isometric team’s ambition toward manufacturing innovation helped develop what is now known as the “Process of Discovery”. Isometric’s Process of Discovery has three main initiatives, which we still apply to every project: 1. Discover Innovative Ideas by thinking beyond the norm with fresh, novel approaches that work. 2. Integrate Statistical Processes to guarantee perfection using automated solutions. 3. Eliminate Customer Concerns by anticipating potential problems before they happen. In 2013, the Isometric team chose to expand the business to support the customers of their precision tooling business with the addition of precision micro molding. With these powerful micro solutions in- house, top micro-industry experts, Donna Bibber and Wayne Shakal, were also hired to manage and launch the latest division, Isometric Micro Molding, Inc. In addition to bringing their talents to Isometric, Hudalla also intended for the duo to become future business owners. In 2021, Donna Bibber and Wayne Shakal purchased Isometric Micro Molding, becoming CEO and President, respectively. They added Brent Hahn (Vice President, Business Development and Strategy) and John Gleason (Vice President, Engineering) to their leadership team. Today, Isometric is considered the largest and fastest growing medical-focused micro molder in North America. As an ISO 13485 certified micro-molding service provider, Isometric Micro Molding, Inc. serves high precision market segments in medical and drug delivery. Isometric’s ultra-precise capabilities with microscopic polymer components and sub-assemblies allow devices such as sensors, transdermal patches, life science disposables, sheaths, anchors, capillaries, robotic surgery, and neurovascular implants to hit the market. The diligence and dedication toward adding value is a commitment that Isometric Companies, Inc., continuously makes to ensure its customers receive best-in-class micro solutions. From Isometric’s “Process of Discovery” and newly created Microns Matter® PFMEA plan, our long-standing success begins and ends with our people. As such, Isometric is passionate about skilled talent acquisition and development, equipment investment, and technology R&D. Our constant fine-tuning to reach the pinnacle of precision manufacturing has allowed Isometric Companies, Inc. a distinct, and global, reputation for innovative micro solutions that successfully Enable our customers’ designs and help them launch their next-generation platforms. Defining Micro Molding: When it comes to micro molding or micro injection molding, many think the process is simply injection molding for small, intricate parts. However, standard injection molding processes usually do not work when parts are smaller than a pellet of resin, have thin walls or micro features. Other factors come into play including mold design and expert mold fabrication, and the materials being used. To put size into perspective, micro molding encompasses: • Parts that are a fraction of a pellet of resin in size • Parts that weigh fractions of a gram • Parts with a wall thickness ranging from 0.001 to 0.015 in. (25 to 375 microns) • Mold core diameters less than 0.0008” (20 micron) • Parts or sub-assemblies requiring 0.002” (50 micron) tolerances or less • High length-to-thickness (L:T) ratios or length-to-diameter (L:D) aspect ratios (currently up to 400:1) • Larger parts up to 6” long that have micro features, thin walls, micro holes, complex geometry and/or tight tolerances Why is micro molding needed? Today, the need for micro molding applications is rapidly increasing, in part due to advancements in technology and scientific research. With medical devices becoming less invasive, and portable and wearable health devices gaining popularity the need for small, highly precise components and parts has increased. Micro molding can be used to manufacture parts for these devices meeting the need for fine features, thin walls, micro holes, tight tolerances and scalability to high volume production. What are the fundamental processes for micro molding? The enabling factors for successful micro molding and micron tolerances is tooling, mold design, and mold fabrication. When high precision is needed, it’s vital to have industry-leading machining capabilities and experts who can manipulate fabrication to achieve sub-micron tooling capabilities. These precision tools are then processed side-by-side with the master tool builder and process engineers who have over 1,000 successful projects to pull from in creating the next solution. Lastly, the molded components and/or automated sub-assemblies are combined with state-of-the-art metrology to create a capable, validated process. Page 2 of 5 In addition, it’s fundamental to have these processes in-house to ensure the integrity of the component, as well provide the highest-level accuracy and surface finish possible. It’s virtually impossible to outsource this skill set along with those needed for mold making. In fact, critical discussions regarding datum structure, from designing the mold to programming the CT scanner and automation, start with a solid mold design and a plan to achieve single-micron-tolerance components and assemblies. What materials are used in micro molding? Micro molding has no limit to the materials and fillers that can be utilized with normal sized pellets. Additives and fillers can be added to a material to change its properties and make it more desirable by making the material stronger, or more flexible and easier to shape, or prevent the plastic from breaking down. Fillers and additives include: • Active Pharmaceutical Ingredients (APIs) – low potency • Barium sulfate • Carbon fibers • Colorants • Glass fibers • Mineral • Nano particles • Radiopaque materials Leadership Team of Experts: At Isometric Micro Molding, our success begins and ends with our people. Isometric now has over 100 employees with 46 mold designers, tooling, and machining staff, as well as 18+ mechanical and plastics engineers. From our outstanding employees to our highly respected leadership team, Isometric Micro Molding has grown to become a global leader in the micro solutions industry. We pride ourselves on the transparent team collaboration our experts provide our customers, from project development to final production. When you work with Isometric, you have a trusted partner and team of experts to support you in resins, miniaturization, micro tooling, micro molding, 3D micro printing, automated assembly, and metrology. You’ll also experience unique and proven micro manufacturing problem-solving skills from our Leadership Team, which is based on over 100 years of combined industry experience. Page 3 of 5 DONNA BIBBER CEO SUBJECT EXPERTISE: +Micro Molding +Materials including Bioresorbable Resins +Miniaturization As a recent “100 Notable People in Medical Devices”, Donna brings over 33 years of micro injection molding and high-volume disposable experience to her work at Isometric. She’s also the author of numerous technical white papers presented to NSF, NIH, and worldwide medical device/pharma OEM’s. A degreed Plastics Engineer from the University of Massachusetts Lowell, Donna has been a technical consultant and lead on 100’s of projects. These projects include bioresorbable implants, glucose monitors, neuro implants, biosensors, oncology programs–and more. WAYNE SHAKAL President SUBJECT EXPERTISE: +Micro Tooling +Miniaturization With over 27 years of engineering and business development leadership in the plastics industry, Wayne is the primary inventor of four commercialized and patented molding technologies. In addition, Wayne is listed as an inventor on numerous product patents for both the consumer and medical device industries. He also has over 25 years of plastics industry estimating experience and 22 years of technical/solutions-based selling expertise. A degreed Industrial Engineer from the University of Wisconsin Platteville, Wayne also has significant program management experience. BRENT HAHN Vice President, Business Development & Strategy SUBJECT EXPERTISE: +Micro Molding +Materials +Miniaturization Widely acknowledged as a micro molding and materials industry expert and key opinion leader, Brent is regularly featured in industry articles, on conference leadership panels, and as a keynote speaker. A degreed Plastics Engineer with an MBA from Pittsburg State University, Brent has over 23 years of sales and marketing leadership, primarily within the plastics micro molding industry. He has a broad materials background working in the resin industry and UHMWPE textiles. Brent’s creative, collaborative, and strategic approach has led to long-term, mutually beneficial product advancements and launches. Page 4 of 5 JOHN GLEASON Vice President, Engineering SUBJECT EXPERTISE: +Micro Automated Assembly +Miniaturization An expert in the design, build, programming, and testing of micron accuracy micro automated assembly, John leads process development, R&D, and system validation efforts at Isometric. He has over 15 years of engineering and automation experience, with 11 years of micro automation engineering experience. A degreed Manufacturing Engineer from the University of Wisconsin Stout, John is also a Certified RJG Master Molder. Page 5 of 5