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HomeMy WebLinkAboutItem 05.aApril 18, 2011 Overview Spotlight on Business Lakeville Tire & Auto Service Item No. The Spotlight on Business program is designed to recognize new and existing commercial and industrial businesses in the Lakeville community. Upcoming Spotlights this year will be featuring a variety of businesses located in Downtown Lakeville. The program is also designed to emphasize, for residents, the important tax and employment benefits that business and industry provide to the community. Lakeville Tire & Auto Service will be featured at the April 18 City Council meeting. EDC Member Jack Matasosky will present the information on Lakeville Tire & Auto Service, and owner Mark Allstot will be present to accept the award. Lakeville Tire & Auto Service is a full service auto repair and new tire sales facility located in the southern area of Downtown Lakeville next to the Dairy Delight and just across from Main Street Manor. Owned by the Allstot family in Lakeville since 1995, Lakeville Tire & Auto prides itself on being a full - service shop with long -term knowledgeable employees who over the years have really been able to get to know the customers and their vehicles. Servicing many vehicles owned by families mainly in Lakeville and Farmington, Lakeville Tire & Auto is able to offer everything from preventative vehicle maintenance, to major repair, to tire sales of all sizes and brands. A strong community partner, Lakeville Tire & Auto is involved in the local Business Expo, the Downtown Lakeville Business Association Retailers Group, local church and sports groups, and Pan `O Prog. An example of one more way Lakeville Tire & Auto strives to connect with its customers is its recent certification of being a "Female Friendly" auto repair business by online automotive advice website AskPatty.com. Lakeville Tire & Auto also partners with the business community and services many professional and fleet vehicles for Lakeville area businesses including several in the Airlake Industrial Park. Lakeville Tire & Auto also provides a job and tax benefit to the community. In addition to the four other people they employ, The Dakota County Assessor has assigned an estimated market value of just over $300,000 to the property. Based on current tax capacity rates, this market value will result in an estimated contribution of just over $10,000 in local property taxes going to support the City, Dakota County, and Independent School District 194 in 2011. On behalf of the Economic Development Commission I would like to thank Lakeville Tire & Auto Service for being a valued part of the Lakeville business community. Adam Kienber Economic De lopment Specialist Financial Impact: $ 0 Budgeted: YON Source: Related Documents (CIP, ERP, etc.): Notes: