with a strong emphasis on high quality of life, vibrant neighborhoods, and well-maintained parks and trail systems. THE PORT AUTHORITY: A DRIVING FORCE FOR DEVELOPMENT At the center of North Mankato’s economic strategy is the Port Authority Commission, a powerful tool created in 1988 under Minnesota statutes to stimulate and facilitate industrial and economic growth. The Commission consists of seven members, five of whom are members of the City Council. At the same time, the Council appoints the remaining two based on their expertise in business, law, finance, and related sectors. The Port Authority serves as an economic development engine and strategic landholder, working closely with developers and businesses to create opportunities for new enterprises and foster job creation. Port Authority President Duane Olenius, who has served on the commission for several years, highlights the Port Authority’s active role in shaping North Mankato’s economic landscape. “We’re not just acquiring land—we’re creating opportunity. When we prepare sites with infrastructure and offer financing options, we give businesses the confidence to establish a strong foundation here. That, in turn, boosts our job base and supports everything from public safety to our park system.” The Port Authority plays a pivotal role in preparing sites for development by installing essential infrastructure, such as roads and utilities, ensuring that land is ready for business growth. This proactive approach minimizes risks for developers and accelerates the timeline for launching new projects. Fischer emphasizes,“There’s no middleman. It’s a very clean and efficient way to do economic development.” The Port Authority’s strategic investments have contributed to the ongoing success of the Northport Industrial Park, which today houses numerous businesses and continues to expand. This year, the Port Authority acquired 60 additional acres of land to support this momentum. Fischer shares,“We secured state funding to cover half the cost of infrastructure, including a new road, water, and sewer systems. 67 CIVIL AND MUNICIPAL VOLUME 06, ISSUE 04 NORTH MANKATO, MN
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