Porter Memory Book

2016


January 2016

 

Porter Elevator Bankruptcy - Grain Owners Will be Contacted by January 13

The United States Department of Agriculture (USDA) is currently in the process of validating grain inventories at the Porter Elevator.

 

The USDA Farm Service Agency (FSA) moved in and assumed control of the grain on December 14. This week, a notice from Carie Pintado of the USDA indicated, "Depositors will be contacted by USDA FSA representatives by the close of business on January 13, 2016 to set up an appointment to verify the depositors warehouse receipts, open storage, and grain bank account or accounts."

 

The notice from Pintado indicated, "if you are not contacted by the close of business on January 13, 2016, and have ownership of grain that was deposited and currently hin storage at Porter Elevator, Inc., the depositors are to contact the USDA FSA as soon as possible."

 

Contact the USDA FSA's Warehouse License and Examination Division, Licensing Branch in Kansas City, Missouri. The telephone number is: (816) 926-6474 or fax at (844) 930-0174. Make contact no later than the close of business on January 15, 2016. USDA FSA representatives are validating produce accounts by appointment only.



March 2016

Porter Elevator Facility to be Auctioned on March 31

A auction sale of the Porter Elevator, Inc. property located at 104 S. Prairie Ave in Porter will be held at 11:00 AM on Thursday, March 31, 2016 at:

 

AmericInn Lodge and Suites of Marshall

1406 East Lyon St.

Marshall, MN 56258

 

For more information or to request a copy of the bid package, contact Mary Jo Jensen-Carter, Chapter 7 Trustee. 651-486-7475 or maryjo@buckleyjensen.com

 

Legal Notice - Board of Appeal and Equalization

Notice is hereby given that the Board of Appeal and Equalization for the City of Porter shall meet on Thursday, April 7, 2016 from 6:30 p.m. to 7:00 p.m. at the Porter Fire Hall. The purpose of this meeting is to determine whether taxable property in the jurisdiction has been properly valued and classified by the assessor, and to determine whether corrections need to be made.

 

If you believe the value or classification of your property is incorrect, please contact your assessor's office to discuss your concerns. If you are still not satisfied with the valuation or classification after discussing it with your assessor, you may appear before the local board of appeal and equalization. The board shall review the valuation, classification, or both if necessary, and shall correct it as needed. Generally, an appearance before your local board of appeal and equalization is required by law before an appeal can be taken to the county board of appeal and equalization.

 

 

April Porter City Council Meeting Date and Time Changed to 6:00 PM on April 7

The April meeting of the City Council will be held on April 7 at 6:00 PM. The Board of Appeals and Equalization Meeting will be held from 6:30 - 7:00 PM on April 7.


What Now? - Porter Elevator Auction on March 31 Ends With No Sale of Facility

The Porter Elevator Auction at Marshall's AmericInn on March 31 ended in an unexpected way. After Bidding Seperately for the Elevator Facility and Equipment packages, a combined auction of both packages together was conducted. The result after several bids between Hendricks Farmers Grain Company and Farmers Cooperative Elevator, based in Hanley Falls, was a bid of $710,000 by FCE for both packages. After a 5 minute recess from the auction, it was announced that the Trustee and Secured Parties had rejected the bid and the elevator would not be sold. The results left the standing-room only crowd shocked, wondering what will be next for the Porter Elevator facility, a question that remained unanswered by the Bankruptcy Trustee. Unconfirmed reports are that the total bids from the sale came in $2.5 million less than was being required by the secured parties.

 

The sale of the elevator property itself was contingent upon approval from The United States Bankruptcy Court. Had the bid been accepted, it would have been a two to threem month process before the sale was officially approved, but allowing time for the facility to be prepared and open for the busy harvest season. With the final bid price from the auction being unacceptable to the secured parties, it is unknown if an when the facility will reopen to serve our local community once again. Now the question stands, what's next for the Porter Elevator and the huge void it leaves in the Porter community and economy?

 

Here are the results from the auction:

-Package A (Elevator Property and buildings) - $500,000 - Farmers Coop Elevator. Subject to approval by US Bankruptcy Court.

 -Package B (Bunkers) - No Bid

 -Package C (Equipment) - $130,000 - Hendricks Farmers

 -Package D (Semis, Trailers) - $155,000 - Hutt Oil Company

 

Package A and C were later bid together with a starting bid of $680,000 with Hendricks and FCE bidding. FCE's final bid was $710,000, which after a 5 minute recess the bid was rejected by the trustee and secured parties. The original $500,000 bid for Package A was also rejected.

 

 

Bills Introduced in Minnesota Legislature to Prevent Future "Porter Elevator" Type Incidents

District 16A Representative Chris Swedzinski has introduced House File 3186. The bill is co-authored by 6 other members of the House of Representatives and was introduced on March 16 and referred to the House Committee on Agriculture Policy, which is chaired by Rep. Paul Anderson, a co-author of the bill from Starbuck.

 

District 16 Senator Gary Dahms has authored a companion bill in the Senate, Senate File 3161, that was heard on March 23 and referred to the Senate Committee on Jobs, Agriculture and Rural Development.

 

The Bill would establish a grain credit contract indemnity program established, bond amounts for licensed grain buyers increased, portion of sales tax revenue derived from the sale of grain bins dedicated, sales tax on grain bins eliminated, gross receipts tax for grain bins established to fund the indemnity payments if program funding falls below a threshold amount, and money appropriated.

 

This bill is retroactively set to take effect on January 1, 2015 so that it would specifically assist farmers impacted by the Porter Elevator Closure and Bankruptcy through which dozens of farmers lost millions of dollars combined in deferred payments that were due in January 2016.

 

The full text of the bills can be accessed here:

 

House File 3186

 

Senate File 3161

 

Contact members of the legislature to share your opinion on these proposed bills!

 

 

Porter Elevator Stored Grain Sold

The United States Department of Agriculture has completed the sale of all stored grain located at the now bankrupt Porter Elevator, and has contracted the hauling of the grain to other facilities. Begining on Monday, February 22, Farmers Cooperative Elevator of Hanley Falls, which has branches in Taunton and Minneota, began hauling all grain stored at the Porter Elevator. Corn commodities have been sold to ADM Corn Procesing in Marshall and Soybean commodities have been sold to AGP Cooperative in Dawson. Farmers owning grain in storage at the Porter Elevator will receive payment from the USDA once the sales are complete.



Porter 2016 Election Results

Donald Trump wins Porter precinct in landslide with 67% of votes. Yellow Medicine County goes to Trump with 64%, but Clinton wins Minnesota at-large with 46.41% to Trump's 44.96%. Donald Trump has been declared President-Elect of the United States of America.

 

102 ballots cast in Porter in 2016, putting the precinct very close to 100% voter turnout once again. All incumbent elected officials for Porter City council to remain with Donald Verschelde, Mayor at 95%; Pat Vlaminck, Council at 97%; and Kim Jelen, Clerk at 93%.

 

Statewide, voters in Minnesota also approved a constitutional ammendment, removing lawmakers power to set their own pay in an overwhelming 76.85% "Yes" vote.

 

Full Election Results

 

 

Porter Elevator Site to be Operated by Canby Farmers Grain Under 10 Year Lease

Canby Farmers Grain has entered into a 10 year lease agreement with the State Bank of Taunton to operate the Porter Elevator site. Canby Farmers Grain is currently waiting on their application with the United States Department of Agriculture to allow their license to cover the operation of the Porter site, it is anticipated that this will be completed by mid-September and the elevator will once again be open for business at that time. The elevator site in Porter will be managed by long-time Porter Elevator employee, Butch DeVos, who will be assisted by Travis Wahl.  The Porter site will be able to offer the full line of services offered to patrons of Canby Farmers Grain at their other sites in Astoria, Canby and Dawson. At the conclusion of the 10 year lease, Canby Farmers Grain will be provided with the option to purchase the Porter facility from the State Bank of Taunton.

 

 

Porter Harvest Festival 2016

Results and pictures from our celebration of the Porter Fire Department's 125th Anniversary, Porter Harvest Festival 2016, can be found on our website and Facebook. Access the site now!

 

 

Changes in Porter Recycling Program Begin July 15, 2016

Begining on July 15, 2016, Olson Sanitation will begin picking up curbside recycling every other Friday morning. Please note that this does not change garbage pickup which will continue to take place every Tuesday morning.

 

The Schedule for Recycling pickup is as follows:

July 15, 29

August 12, 26

September 9, 23

October 7, 21

November 4, 18

December 2, 16, 30

January 13, 27, 2017

Scheduled pickups will continue every other Friday.

 

 

Consumer Confidence Report Released

The 2015 Porter City Water System Consumer Confidence Report has been published. To view the report click on "City Government" under the Explore Porter heading and then click on the "City Reports" link.




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