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
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.
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
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
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
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
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
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
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