HomeMy WebLinkAbout09.27.10 EDA Packet
AGENDA
ECONOMIC DEVELOPMENT AUTHORITY
September 27, 2010 - 7:00 pm
City Council Chambers, City Hall
Authority Members
1. Call Meeting to Order
2. Pledge of Allegiance
3. Approve Agenda
Chair, Christy Jo Fogarty
Vice-Chair, Steve Wilson
Terry Donnelly
4. Citizens Comments/Presentations
Mayor Todd Larson
Julie May
5. Consent Agenda (see attached)
a. Meeting Minutes: August 23, 2010
b. Bills: 8/23/10- 9/26/10
c. Budget Details: August 2010
Executive Director,
Peter Herlofsky
City Administrator
6. Public Hearings (None)
7. Continued Business
a. Realtor Agreements
City Staff Representatives
Tina Hansmeier
Economic Development
Specialist
8. New Business
a. Financial Information
Cindy Muller
Executive Assistant
9. City Staff Reports/Open Forum/Discussion
a. Newsletters
,: Economic Updafe/ Volume 38
,i: The Bridge
b. Major Economic Development Activities - September
c. City Administrator Comments
430 Third Street
Farmington, MN 55024
Phone: 651.280.6800
http://www.ciJarminoton.mn.us
10. Adjourn
The Farmington EDA's mission is to improve the economic vitality of the city of Farmington and to enhance the overall quality of life
by creating partnerships, fostering employment opportunities, promoting workforce housing and by expanding the tax base through
development and redevelopment.
JIJRA-FDA\80ARD AGFt,D)S.]U J (I Roard .';gcndasIJ927 J UJJ9271 I) Agcncbdoc
5cc:...
MINUTES
ECONOMIC DEVELOPMENT AUTHORITY
Regular Meeting
August 23,2010
1. CALL TO ORDER
The meeting was called to order by Chair Fogarty at 6:00 p.m.
Members Present: Fogarty, Donnelly, Larson, May, Wilson
Members Absent: None
Also Present: Peter Herlofsky, City Administrator; Lee Smick, City Planner;
Cynthia Muller, Executive Assistant
2. PLEDGE OF ALLEGIANCE
3. APPROVE AGENDA
MOTION by Larson, second by Wilson to approve the Agenda. APIF, MOTION
CARRIED.
4. CITIZEN COMMENTS/PRESENTATIONS
5. CONSENT AGENDA
MOTION by Larson, second by Wilson to approve the Consent Agenda as follows:
a) Approved Meeting Minutes July 26,2010 and August 2, 2010
b) Approved Bills 7/26/10 - 8/22/10
c) Received Budget Details July 2010
APIF, MOTION CARRIED.
6. PUBLIC HEARINGS
7. CONTINUED BUSINESS
a) Industrial Park Text Amendment - Vinge Tile
The Planning Commission will review a text amendment to the Industrial Park
zone at their August 24,2010, meeting. The EDA asked staff to prepare a text
amendment to allow a retaiVwarehouse conditional use in the IP zone. The retail
space would be limited to 30% of the space and the remainder of the building
would be warehouse. Outdoor display or storage would not be associated with
this use. This will go to the City Council on September 7,2010. The definition
of warehouse retail is:
A facility used for the conduct of a business that involves the storage and
distribution of goods or merchandise from the premises that also contains
a retail component that comprises less than 30% ofthe total floor area
occupied. No outdoor display or storage is allowed with this use.
EDA Minutes (Regular)
August 23,2010
Page 2
Member Wilson asked if the restriction on outdoor display will restrict the new
tenant from any business activities. Staff spoke with the developer, and there
should be no issues. The display portion could make the retail go over the 30%
requirement. Member Wilson felt we need to be flexible to a certain degree and
asked if we need this portion included. We have available parcels and the more
flexible we can make it the better. City Planner Smick has found communities
around us allow only 10% retail space. As far as outdoor display, other
communities do not allow it.
Member May asked depending on the size of the building, will there be parking
correlations for the size of the 30%. No, the parking would continue to act as a
warehouse facility. We don't want to infringe on the new owner and having to
add more parking spaces. Member May asked in relation to a building downtown
that is retail and similar in size, what are their requirements for parking. Staff
stated in downtown there are no requirements for off-street parking as there is on-
street parking. Member May stated the only thing allowed outside will be a sign.
City Planner Smick stated for example, with the e-discount bike business, we do
not want a display of bikes on the front sidewalk.
Member Larson suggested if the 30% is over 5,000 sq. ft. to look at parking.
Chair Fogarty agreed parking can be a concern, but the retailers are more
concerned about the parking than the City. Member Larson noted we have a
parking ordinance and for a single building, the ordinance would be in affect.
Chair Fogarty stated her concern is we have other businesses in the Industrial
Park that do not have retail, but it is hard to define what they do, such as having a
showroom. She wanted to make sure this would not affect them if they decided to
expand and then not be allowed to have outdoor storage. She wanted to make
sure the existing businesses can operate as usual if they should expand. Staff will
take this to the Planning Commission.
Member Donnelly stated there would be one or two customers at a time that get
their item and leave again so parking should not be a concern.
b)
McVicker Lot Proposal
Dr. Dungy, Immanuel Dental, is proposing a 3,000 sq. ft. building on the
McVicker lot. He would increase his practice from three chairs to six chairs. He
would like to have more parking for his clients and allow for handicap access.
There is a staircase along the building to the north that would need to be kept
open. Some type of door or gate would be proposed for the space between the
buildings. Along the south side would be a pedestrian walkway which would
allow for retention of the mural. This would mirror the walkway from 2nd Street
to 3rd Street. They propose four parking spaces on the east side of the building in
the rear for handicap access. For building materials they propose a fiber cement
lap siding, brick veneer, and stone comers. The building would fit in well with
downtown. It would be one story with a parapet to screen any roof equipment.
EDA Minutes (Regular)
August 23,2010
Page 3
This project would meet the new 30-working day permitting process. There
needs to be a meeting with all staff involved to start the 30-day process.
Member Wilson stated this is great news. The business owner has been in town
for awhile and the lot has been vacant for a number of years. He asked how often
staff attends business meetings to let businesses know of available property. City
Planner Smick noted cerron Development has been very good about promoting
available spaces in Farmington. Chair Fogarty noted you would not move a
dental practice from one community to another community. This is a perfect
move for him and a fantastic business to have downtown for foot traffic.
Member Larson asked since this is the first 30-day process to ask for feedback
from the developer.
Member May stated when Vermillion River Crossing was on the map, she
envisioned downtown to be service such as attorneys and insurance agents, but
others said no, we need retail. She was not sure this is what the downtown area
needs and asked if they were looking for more retail type business. There would
be foot traffic, but no where for them to shop. City Planner Smick stated services
typically breed the retail and the retail works with the services. The retail is
important and this falls into the branding situation and what we want the
downtown to be. We need to decide if we want services or retail or a mix.
Member May thought the idea was to get more retail and recalled initially the site
had a two-story office/retail space. She was happy to have it sold, but was not
sure about the plan for downtown. Member Wilson would not like to think a
government is trying to pick and choose what type of businesses we want to have
in town. Member May clarified she was talking about a specific location.
Member Wilson stated a business knows where they will be able to maximize
their profit and visibility.
c) Strategic Planning Update
i. Commercial and Industrial Permitting Process
Staff had provided the EDA with a packet for the 30-working day
permitting process. The EDA was very pleased with the packet.
11. City Council Business Visits - Scheduling
City Planner Smick was interested in starting business visits the week of
October 4,2010, and every other week following that so there is
consistency and businesses know when the visit will occur. Staff
proposed two Councilmembers, one staff member, and possibly one
business owner. The business would be notified prior to the visit. One
visit could cover a retail center, with five businesses at the most, covering
two hours. A questionnaire would be brought to the business to determine
any trends, similar issues, a lot of expansion proposals, etc.
EDA Minutes (Regular)
August 23,2010
Page 4
Chair Fogarty felt it was a great idea and that Councilmembers should be
going on these visits. City Planner Smick spoke with the Downtown
Business Association and members really enjoyed past visits with the
Council.
111. Minnesota Main Street Program
City Planner Smick had attended a conference on the above topic and
provided the EDA with information on organization, promotion, design,
and economic restructuring. Further information will be provided at
upcoming meetings. Chair Fogarty liked the outline and the direction staff
is taking. Member Wilson liked the connection with other communities.
8. NEW BUSINESS
9. CITY STAFF REPORTS
a) Economic Update, Volume 35
Chair Fogarty stated it looks great and likes this piece of communication.
Member May noted the last couple months the same information has been on the
back side. She suggested if there is not a lot of new business news to skip a
month. She felt the purpose of spending the money is not to promote the calendar
and Community Garden. Those are City initiatives. She really liked the first
page. She realized at times there is not enough information and suggested giving
information on the business visits once they start.
Member Larson liked the promotion on the back side; we are sending out a piece
of paper anyway. Member May felt we need to go back to the purpose of this
piece. Chair Fogarty agreed to a point, but the downtown Farmer's Market was
high on the recent survey and promoting it all summer long is a good use of the
space.
b) Major Economic Development Activities - August
Chair Fogarty liked the full page of information and hoped there would be a full
page every month. She noted Blondie's Tavern is now open.
10. ADJOURN
MOTION by Wilson, second by Larson to adjourn at 6:32 p.m. APIF, MOTION
CARRIED.
Respectfully submitted,
~/P?~
c:e;:;nthia Muller
Executive Assistant
51 5.6
It)
r-! !I .., .., .., .., .., .., .., .., .., .., .., .., .., .., .., .., ..,
.....
..... 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
~ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
81 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
..... N N N N N N N N N N N N N N N N N
0 . 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
~ ., l- I- l- I- l- I- l- I- l- I- l- I- l- I- l- I- I-
.., Ol Z Z Z Z Z Z Z Z Z Z Z Z Z Z Z Z Z
~ OJ W W W W W W W W W W W W W W W W W
c.. ::iE ::iE ::iE ::iE ::iE ::iE ::iE ::iE ::iE ::iE ::iE ::iE ::iE ::iE ::iE ::iE ::iE
c.. c.. c.. c.. c.. c.. c.. c.. c.. c.. c.. c.. c.. c.. c.. c.. c..
0 0 0 0 0 0 0 0 0 0 0 0 9 0 0 0 0
~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~
W W W W W W W W W W W W W W W W w
it it it it it it it it it it it it it it it it it
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
U U U U U U U U U U U U U U U U U
C :i :i :i :i :i :i :i :i :i :i :i :i :i :i :i :i :i
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
""
0- Z Z Z Z Z Z Z Z Z Z Z Z Z Z Z Z Z
'C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 U U U U U U U U U U U U U U U U U
Ul
., ~ ~ ~ W ~ ~ ~ W ~ W W W W ~ ~ ~ ~
0 < ~ ~ ~ ~ ~
:> ll: ll: ll:
al J: J: J: J: J: J: J: J: J: J: J: J: J: J: J: J: J:
CIl
Z
0
W ~ W W W W W W CIl W W W W
W
CIl U CIl CIl CIl CIl CIl CIl U CIl CIl CIl CIl
Z Z Z Z Z Z Z Z Z Z Z
w ::::i w w w w w w :> w w w w
c.. al c.. c.. c.. c.. c.. c.. ll: c.. c.. c.. c..
(5 :> (5 (5 (5 (5 (5 (!) (5 W (5 (5 (!) (5 (5
C c.. Z CIl Z
0
"" (!) CIl (!) (!) (!) (!) (!) j::: (!) ~ (!) (!) j::: (!) (!)
0- Z ~ W Z Z Z Z Z Z Z ~ Z Z Z Z Z
'C U
0 :i :i :i :i :i :i ii: :i :i :i ii: :i :i
Ul j::: 0
., ::iE 0 ::iE ::iE ::iE ::iE ::iE c.. U ::iE Cii ::iE ::iE c.. ::iE ::iE
0 ~ w
~ ~ z ~ ~ ~ ~ <( w ii: ~ CIl ~ ~ ~ ~
'E ~ ll: 0 I- W 0
~ (!) :> ~ (!) (!) (!) (!) (!) ~ U (!) u. (!) (!) ~ (!) (!)
~ 0 !;;( 0 0 0 0 0 W 0 0 0 0 0 0
ll: W ll: ll: ll: ll: ll: :> ~ ll: ll: ll: ll: :> ll: ll:
c.. Z ~ c.. c.. c.. c.. c.. 0 w c.. c.. c.. c.. 0 c.. c..
II
z ~ 0 ~I
.....
0 OJ 0 0 ~ It) 0 0 0 0 0 0 N 0 ;; 0 0 0 0 0
l- E ~ "- It) "- "- "- "- "- It) N "- "- "- It) "- "-
(!) E 8'1 It) "It" ;?; It) It) It) It) It) "It" "It" It) "It" It) It) ;?; It) It)
z ~ ~ CD CD CD CD CD CD CD CD CD CD CD CD CD CD CD
:i CIl
ll: -'" 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 iill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
it .,
.c <> 0 <> <> <> <> <> 0 0 <> 0 0 0 <> 0 0 0
u <> '" '" '" '" '" '" '" '" '" N N '" N N N N N
U. .....
0 '0 0
~ C Sj ~
~ (!) ..,
u 0 ~ :> "-
u <Xl :> N '" N N N N N ..., 0 N '" N
u; <( 0 0 0 0 0 0 0 ~ <Xl 0 0 0 0 ..,
:b ~ ~ i ~ i ~ ~ CD N ~ ~ ~ "-
CD .., ..... - It) <Xl
0 .., .., .., .., .., Cl) ..... ClO .., .., .., u; ..,
~I CD ~ - - - - - - - Cl) CD .., - - - N
.., ll: <Xl <Xl <Xl <Xl <Xl <Xl <Xl :;;: .., Cl) '" '" '" .., "It"
0 "- 0 0 0 0 0 0 0 0 CD CD ~ CD 0 ~
0 0 Cl) N N N N N N N ~ 0 ..... ;; ;; 0
j::: U <Xl CD CD CD <0 <0 <0 <0 j::: 0 0 j:::
"It" "- "- "- "- "- "- "- '" 0 ClO ClO ClO
U)
II ..... w .., c.. '" It) '" '" '" '" '" '" "- CD IL ClO ClO ClO <0 ..,
Cl) U "It" N N '" N N N N ;:!: "It" "It" .., .., .., N ClO
~ ll: "- :> Cl) Cl) Cl) Cl) Cl) Cl) Cl) "- "- :> 0 0 0 0 '"
N 0 N N N N N '" '" N N N 0 .., .., .., .., ..,
~ Cl) :> Cl) ll: Cl) Cl) Cl) Cl) Cl) Cl) Cl) Cl) Cl) Cl) ll: Cl) Cl) Cl) Cl) Cl)
0
U) (!) (!)
"C W ll: U ll:
'0 'UoIU ll: w ~ w u
Ol 2~ >- IL U IL
C Cl <( ~ Cl l- i ~ ~
'0 U) 0 ll: ~ U) z U) 0
C <( I- 0 ii: CIl <(
., ll: W CIl ll: l- ll: <( 0 II:: ll:
~ W al Z W CIl W W W al ::iE
5f :r:: ~ w 0 z 0 0 0 0 ~ >- :r:: al w ll: Z 0 0 :r:: ~ ::iE
Cl 0 ~ ..,
Ul U) i!: ll: Z 0 <( <( <( <( II:: ll: U) Z Z <( <( U) ll:
::::i .., 3: <( ::::i c; '" ~ ::::i u
.s C al ~ 0 It) ~ ~ ~ ~ ~ w .., 1XI 0 ~ ~ 1XI ~ ~ it
0 0 ~ ~ ~ z It) ~ z ..,
., :> ll: [3 (!) ll: ll: ll: ll: :> ll: ll: CIl :> ll:
::l ti .., w 0 w ui yi @)
"C IL ::iE @) II:: Z ll: ::iE ::iE ::iE ::iE ..J .., IL ll: II:: > II:: ::;;: ::iE l- lL ::;;:
C ::! z ~ ii: :;: U ::! ::;;: ~ ll: ::! ...
S OJ CIl Z CIl CIl CIl CIl Z W W ll: CIl CIl W CIl CIl
C. U ll: CIl Lli ll: ll: ll: ll: ll: U U ll: W CIl ll: ll: U ll: ... ii:
!E 0 w CIl iii
.s Jj w w ~ II:: W W W W W ::;;: >< ~ w W IL U. ll: W W ~ W W
-'" :;: :r:: :;: :;: :;: :;: ::;;: w ::;;: 0 ::;;: :;: ::;;: CIl
0 - ll: 0 <( ll: ll: ll: ll: ll: <( .., ll: ll: ll: ll: <( ll: (!)
., ....
.c .!!! ~ it 0 ..... "'" 0 it it it it it 0 .., 0 ~ it CD c.. "'" it it 0 ~ it ... :>
. w w ~ w
0 C. ... .., CD Cl) CD ~ CD co ~
1i ..... 0 '" (!) ... N ..... ClO Cl) N '" N ... .... <0 0 ... "- "It" .., .... .., II)
0- 0 co 0 0 0 0 0 0 en
tl ~ 0 ~ 0 :> co ~ ~ ~ ~ ~ ..... ~ 0 ~ 0 ~ ~ :> 0 ..... ~ ~ 0 ..... ~ :>
j::: - -
CIl .... "'" .... <( .... "- "- "- "- "'" "- ..... .... ClO ..., .... CD <0 CD .... <Xl ...,
OJ
1l II 0 <> '" '" '" <Xl <Xl <Xl <Xl ClO "It" Cl) CD CD 0 0 <> 0 ClO <Xl ~ 0 0 0 Cl)
~ 0 0 N N N 0 0 0 0 0 "It" 0 ClO ClO 0 0 0 0 0 <> CD 0 0 N
<<i <<i <<i <<i ..; ~ ~ ~ ~ ~ oj .0 u:i u:i <<i <<i ci ci ~ ~ oj ..; <<i <<i ui
CD <0 N Cl) Cl) Cl) Cl) Cl) Cl) 0 N N <0 CD 0 0 Cl) Cl) Cl) Cl) <0 <0 Cl)
'15 CD N. "'. "'. ..... ..... CD <>.
C ..... .....
,..
~ OJ
E
0 'E
0 ~
CIl 0 0 ~ co 0 co ~
C5 E .... .... ..... 0 0 0 ....
0 <( 0 co co co .... .... .... co co
N ~ ~ ~ co co co s:! ~
~ -'" ., [ j::: s:! s:! s:! 0
0
:;: ., as t! s:! S s:! t'! t'! t'! .... !:
:> .c o co ... ... Cl) Cl) '" Ciii Cl)
CIl U
:It: Iii *I~ co II) II) co N co II) ...
u co ... Cl) ~ II) co Cl) II)
I- -'" co 0 co 0 .... .... .... N
'" 0 o ... ... ... ~ ... ... ~ ... ~
It) ., .... .... .... .... .... ....
ll: Z .c .... .... .... ..... .... .... .... .... ....
u
51
to N
'."! II '" '" '" '" '" '" '"
.....
..... 0 0 0 0 0 0 0
N 0 0 0 0 0 0 0
..... 81 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
N N N N N N N
0 I 0 0 0 0 0 0 0
~ ., l- I- l- I- l- I- I-
(') Cl Z Z Z Z Z Z Z
~ 01 W W W W W W w
a. :E :E :E :E :E :E :E
a. a. a. a. a. a. a.
0 0 0 0 0 9 0
...J ...J ...J ...J ...J ...J
W W W W W W w
ru ru ru ru ru ru ru
0 0 0 0 0 0 0
u u u u u u u
C Sj Sj Sj Sj Sj Sj Sj
0 0 0 0 0 0 0 0
""
0- Z Z Z Z Z Z Z
'C 0 0 0 0 0 0 0
u U U U U U U U
..
., ~ w ~ ~ ~ ~ ~
0 ~
:J
!Xl :r: :r: :r: :r: :r: :r: :r:
CIl w
w w u w
CIl u :> CIl
z z
w :> It: w
a. It: w a.
~ w Cl CIl ~
c CIl Z It:
0
"" Cl ...J i= < Cl
0- Z ~ Z a. z
'E:
U Sj ii: w Sj
.. 0 a. It:
., :E iii u :E
0 ~ w ii: Cl ~
- CIl 0 Z
E: W ...J I- a
:::I Cl U. C3 ~ u Cl
~ 0 0 W ...J 0
It: It: W :J ...J 5 It:
a. a. ...J 0 W !Xl a.
I
t=- o ~I
z .....
0 ~ 0 0 0 '" 0 l:j to 0
I- ~ t-. 0 to ..... t-.
Cl E gl to .... .... .... ;b to to
Z :::I ~ CD CD CD CD CD CD
Sj CIl Ol
It: "" 0 0 0 0 0 0 0
u iill 0 0 0 0 0 0 0
Lt ., 0 0 0 0 0 0 0
L:- 0 N N N N N N N
U. U .....
0 'u 0
~ E: ~ Ol CIl
:::I :J
0 ~ ..... 0 ..., :J :J
U U ClO 0 ..... <C <C
0 9 Cl t-. J;
Ol 0 :J Ol .... ~
N 0 t-. 0 0
..; <C N 0 CD CD
~I CD (') Cl CD .... ~ ~
'" N (') t-.
0 0 N 0 ClO cD cD
0 ..... to 0 ~ Ol Ol
i= 0 CD i= t-. t-.
N ..... to .... ....
~I ~ to i 0 .... Ol Ol
0 N ClO to to
to CD 0 ClO CD CD
'" ui (') (') N '" '"
.s Ol Ol Ol Ol Ol Ol Ol
01 ~ W CIl ...J
'C a: w
'0 ~I It: <C
U ~ z :Z u u ii: 0
Cl 2!: 0 0 2!: ~ w u
c U ~ Ol
'u CIl 0 ~ z CIl z w 0 Ol
c a: 2!: en a: Cl CIl ~ ~
., a: :J
:::I W 0 '" z a: w >- iii a: :><: '"
go :r: <C 0 to lo:: W :r: Cl w U I- a;
.. CIl al U 0 ~ !2 a: I- ID It: I-
:J (') ...J ...J CI) :;;; z
.B ~ Z ...J W ~
E: ID 0 ~ w ID Z :E w w
0 ii:
., "" :J II) ID :J ~ W ...J :;;; ~
:::I a. lL w
'C 01 !;;: Z It: lL ...J ...J C 0
c :;;; :r: CI) :;;; C3 :;;; It: w c5 a: <( ~
B 01 It: W
a. u :E 0 u. <C U CI) U W ~ CI)
.B al w ..., 0 u w w >< ...J
"" It: It: ...J ~ W :> :>
u - :E a. ~ <C CD Cl Cl
., .~ It: en 0 .... ~ 0 :J :J
L:- ! 0 !a w ~
u a. u. (') ..... W en ~ :! :! ..
'iii 0 t-. Z Cl .... t-. ... !
0- C> .... co C> ~ co ..... N
:::I :::I C> ~ .... :J C> :J C> co j;:: co :J :J
ti CIl .... ClO .... ..., .... <C .... CXl .... .... ..., ...,
01 1::
ti Ol 0 0 0 0 0 0 (') '" Ol Ol CD 0 ClO 0
., 'E 0-
N 0 0 0 0 CD CD "! "! 0 0 ..... ClO Ol .,
e :::I Lei ~ ~ ci ci Lei Lei ..... ..... ~ ~ cD ai ~ a:
0
E Ol CD CD ~- ~ Ol ~ ClO ClO '" (') Ol to to
'0 ..... '" '" N '"
c <C N N
:>.
~ 01
E
0 'E
0 :::I
CI) 0 C> C> C> C> co 0
(5 E .... .... .... .... .... ....
0 <C C> C> co co co 0
~ !:! ~ ~ ~ S
...J "" ~I ~
::;; lil ~ !:! ....
:J L:- en en en en en Cii
U
~ Iii N ... en ~ .... ...
if t-. en ... .... ....
U l- N N ... (') en en
to (') ... ... :2 co co
to 0 .... .... .... co ~
It: Z .... .... ..... .... .....
co C>
N N
iSl
N
'" !I '" '" '" '" '"
CD '" '" '" '" '" '" '" '" '" '" '" '"
V 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
~ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
81 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
~ N N N N N N N N N N N N N N N N N
0 . 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
~ G> l- I- l- I- l- I- l- I- l- I- l- I- l- I- l- I- I-
'" '" Z Z Z Z Z Z Z Z Z Z Z Z Z Z Z Z Z
~ .. W W W W W W W W W W W W W W W W W
0) ll.. ::;: ::;: ::;: ::;: ::;: ::;: ::;: ::;: ::;: ::;: ::;: ::;: ::;: ::;: ::;: ::;: ::;:
ll.. ll.. ll.. ll.. ll.. ll.. ll.. ll.. ll.. ll.. ll.. ll.. ll.. ll.. ll.. ll.. ll..
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
..J ..J ..J ..J ..J ..J ..J ..J ..J ..J ..J ..J ..J ..J ..J ..J ..J
W W W W W W W W W W W W W W W W w
Gi Gi Gi Gi Gi Gi Gi Gi Gi Gi Gi Gi Gi Gi Gi Gi Gi
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
U U U U U U U U U U U U U U U U U
C S; S; S; S; S; S; S; S; S; S; S; S; S; S; S; S; S;
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
""
a. Z Z Z Z Z Z Z Z Z Z Z Z Z Z Z Z Z
'C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
t> U U U U U U U U U U U U U U U U u
III ~ w w ~ ~ ~ ~ w ~ ~ ~ w ~ ~ ~ ~ ~
0 ~ ~ ~ ~
::l
a:l J: J: J: J: J: J: J: J: J: J: J: J: J: J: J: J: J:
en
z
0
w ~ w w w w w w en w w w w
w
en u en en en en en en u en en en en
z z z z z z z z z z z
w ::; w w w w w w :> w w w W
ll.. a:l ll.. ll.. ll.. ll.. ll.. ll.. ll: ll.. ll.. ll.. ll..
~ ::l ~ ~ ~ ~ ~ Cl ~ w ~ ~ Cl ~ ~
C ll.. Z en Z
0
"" Cl en Cl Cl Cl Cl Cl i= Cl ..J Cl Cl i= Cl Cl
a. Z en w z z z z z z z -< z z z z Z
'I: U
~ S; ~ S; S; S; S; S; ii: S; z S; S; ii: S; S;
i= 0
G> ::;: 0 ::;: ::;: ::;: ::;: ::;: ll.. U ::;: en ::;: ::;: ll.. ::;: ::;:
0 ..J W
~ ~ Z ~ ~ ~ ~ ~ w ii: ~ en ~ ~ ~ ~
1: ..J 0 I- W 0
::J Cl ::l ~ Cl Cl Cl Cl Cl ~ U Cl lL Cl Cl ~ Cl Cl
~ 0 !;( 0 0 0 0 0 w 0 0 0 0 0 0
ll: W ll: ll: ll: ll: ll: ::l ..J ll: ll: ll: ll: ::l ll: ll:
ll.. Z ..J ll.. ll.. ll.. ll.. ll.. 0 W ll.. ll.. ll.. ll.. 0 ll.. ll..
II
~ 0 ~l
z ~
0 .. 0 0 '" '" 0 0 0 0 0 0 ~ 0 ;:; 0 0 0 0 0
l- E ~ '" N '" '" '" '" '" '" '" '" '" '" '" '" '"
Cl E gl '" v ~ '" '" '" '" '" v v '" ~ '" '" v '" '"
Z ::J ~ co co co co co co co co co co co co co co co
S; en 0)
ll: ""' 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
t> ~[ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
11: G> 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
.c 0 N N N N N N N N N N N N N N N N N
lL U ;:;
0 '0 ~
~ C ..J
::J '" Cl '"
0 ~ ::l
U U GO ::l ..., '" N N N
N N N N N N N 0
~ -< 0 0 0 0 0 0 0 ~ GO 0 0 0 0 '"
'" '" ~ i i ~ i ~ ~ co N i ~ ~ '"
co '" ~ - '" GO
0 cb '" '" '" '" 0) ~ co '" '" U; '"
~I co ~ - - - - - - - 0) co '" - - N
'" II: GO GO GO GO GO GO GO ~ '" 0) '" '" '" '" v
0 '" 0 0 0 0 0 0 0 0 ~ co ~ ~ 0 i
0 0 0) N N N N N N N 0 ~ 0
i= u GO co co co co co co co ~ i= 0 0 0 0 i=
v '" '" '" '" '" '" '" '" 0 co GO GO
en
~I ~ w '" 0. '" '" '" '" '" '" '" '" '" co 0. GO GO GO co '"
0) U ~ N N N N N N N ~ v ~ '" '" '" N co
~ II: ~ 0) 0) 0) 0) 0) 0) 0) '" ~ 0 0 0 0 '"
0 N N N N N N N N 0 '" '" '" '" '"
.l!i 0) ~ 0) a: 0) 0) 0) 0) 0) 0) 0) 0) 0) 0) II: 0) 0) 0) 0) 0)
0 Cl t!l
.. en
'0 W II: U II:
'0 81U II: w U ~ W U
'" >- 0. 0.
C ll.. ~ t!l i ~ t!l I- -< ~ ~
'0 en 0 II: en Z ~ en 0
C -< I- 0 ii: en -<
G> II: w en ll: l- II: -< 0 II: ll:
::J W a:l Z W en w w W a:l ::;:
tr J: ~ W 0 Z 0 0 0 0 I::: r; :a:: a:l w ll: Z 0 0 J: ~ ::;:
G> en ~ ll: Z 0 -< -< -< -< 0 en ~ z '" z -< -< en
en ::::i '" 3: -< w II: ll: ::::i C; '" ~ ::::i U II:
.9 ~ ~ ~ ~ ~ ..J W '" 0 ~ ~ ~ 11:
C III 0 '" ~ ~ ~ Z '" III ~ Z '" III ~
G> 0 ~ ll: en 0 Cl ll: ll: ll: ll: ~ ll: ll: ~ ~ ll:
"" '" w 0 w ui vi @
::J .. ll. ::;: w II: Z ll: ::;: ::;: ::;: ::;: '" 0. ll: II: ::;: ::;: 0. ::;:
'0 C :e Z @ ~ ii: ::;: W ...I t.i ::;: ::;: II: > ~ ll: :e lL
~ .. en z en en en en z w W ll: en en w en ~
0. U ll: en ~ ll: ll: II: ll: ll: U W U ll: W en ll: ll: fd II: lL
i 0 en iii
ill w w ~ II: W W W W W >< ..J W W 0. lL II: W W ~ w
'tl ::;: J: ::;: ::;: ::;: ::;: ::;: ::;: w ::;: 0 ::;: ::;: ::;: en
- ll: 0 -< ll: ll: ll: ll: ll: -< '" ll: II: ll: ll: -< ll: Cl
G> .m 11: ~ 0 11: 11: 11: 11: 11: 0 e 11: 11: 11: 0 11: ~
.c ! co . ... v ~ ca ll.. ... ~ ...
t> 0. ... '" ca W W 0) "I' ca ~ ... w co ~
0 en Cl ... GO 0) ... .... co co ... ... v v .... ...
1ii a. co co co ~ ~ ~ '" N 0 0 co co co co g en
::J ::J 0 ~ 0 ::l ~ ~ ~ ~ ~ ~ co l:! ~ ~ ~ ::l co ~ ~ ~ co co ::l
-< ;::: -
U en .... ... .... ... ..., .... co co co .... GO .... ...,
..
u II 0 0 '" '" '" GO GO GO GO GO :J: 0) co co 0 0 0 0 GO GO V 0 0 0 0)
G>
! 0 0 N N N 0 0 0 0 0 0 GO GO 0 0 0 0 0 0 v Ul 0 0 N
.t .t .t .t <'i r-: r-: r-: r-: r-: .,; cO cO cO .t .t ci ci r-: r-: .,; <'i .t .t iii
co co N 0) 0) 0) 0) 0) 0) 0 N N co co 0 0 ~ 0) 0) 0) co co 0)
'0 co N. "'. "'. ~ co o.
C
,..
~ ..
E
0 1:
0 ::J
en ~ co co co ~ co co
(!j .... .... .... ~ ~ ~ .... ....
0 0 co co co co co
G>1l:! E::! E::! ~ co co co ~ !:!
...I ""' ... ... ~ E::! ~ ~
::;: ~ 1ii t:! ~ ~ !:!
::l .c o III III en en en iil iil
u
~ Iii ~I~ ca ... ... co N co ... ...
u ca co en N ... ~ en ...
I- ""' co co co co .... .... .... N
'" 0 t> ... :2 :2 ... ... ... ... ... ...
'" G> ... .... .... .... .... .... ....
ll: Z .c .... .... .... ... .... .... ... .... ....
u
iSl
N N
'" II
a; '" '" '" '" '" '" '"
v ." ." ." ." ." ." ."
N ." ." ." ." ." ." ."
~ 81 ." ." ." ." ." ." ."
." ." ." ." ." ." ." ."
N N N N N N N
0 I ." ." ." ." ." ." ."
~ Gl I-- I-- I-- I-- I-- I-- I--
'" '" z z z z z z z
~ III W W W W W W w
a. ::;; ::;; ::;; ::;; ::;; ::;; ::;;
a. a. a. a. a. a. a.
0 0 0 0 0 0 9
-' -' -' -' -' -'
w w w w w w w
~ ~ ~ ~ ~ ~ ~
0 0 0 0 0 0 0
u u u u u u u
c: :ii :ii :ii :ii :ii :ii :ii
0 0 0 0 0 0 0 0
""
0. Z Z Z Z Z Z Z
'C: 0 0 0 0 0 0 0
" u u u u u u u
Ul
Gl ~ ~ ~ ~ ~ ~ ~
0
::J
lD :r: :r: :r: :r: :r: :r: :r:
C/) w
w w u w
C/) u :> C/)
z z
w ~ a:: w
a. w a.
~ w Cl C/) ~
c: C/) z a::
0
"" Cl -' i= ~ Cl
0. Z <( Z Z
'C:
" :ii z ii2 w :ii
Ul 0 a. a::
Gl ::;; Cii u ::;;
0 ~ w ii2 Cl ~
'E C/) 0 z
w -' Cii I-- e
::r Cl LL C3 U Cl
~ 0 0 I-- W -' 0
a:: a:: w ::J -' 5 a::
a. a. -' 0 W lD a.
II
z ~ ." ~I
0 III 0 ." 0 '" ." N It) ."
I-- E ~ ,... ." It) N ~ ,...
Cl E UJ gl It) ~ v v ~ It) It)
Z ::r ~ UJ UJ UJ UJ UJ
:ii C/) en
a:: -'" ." ." ." ." ." ." ."
it ~ ill! ." ." ." ." ." ." ."
." ." ." ." ." ." ."
..c:: ." N N N N N N N
LL U 0
0 '(3 ~
~ c:
::r '" en C/) ::J
0 ~ ~ ." ...., ::J ::J
U U CD ." ~ <( <(
." 'i' b ,... '1
en ." ::J en v v
~ ." ,... ." ." ."
N .,.; <( N ." UJ CD
~I CD '" Cl UJ ;! '1 '1
'" N '"
." ." N ." CD a;; a;;
." ~ It) ." V en en
i= ." CD i= u; ,... ,...
N ~ V v
~I !:: It) i ." V en en
." N CD It) It)
It) UJ ." CD CD CD
'" u.i '" '" N '" '"
.l!i en en en en en en en
III ~ W C/) -'
'tl
'0 ~I a:: a:: w $
~ u
'" u z :Z u ~ a:: 0
:!: 0 0 :!: w u
c: ci ~ en
'(3 U) 0 ~ z U) z w 0 en
c: It: :!: en a:: Cl U) ~ ~
Gl a:: ::J
::r W 0 '" z a:: w f; Cii It:
tT :c d :c ~ I-- '"
Gl U) <( It) ill:: W !!! I-- W U I-- a;;
Ul lD U ." ..J 1= a:: m a::
:J '" ..J en :i!i z
.9 ~ Z ..J W ~
c: m 0 ~ w ~ m z ::;; w W
Gl 0 ::J m ::J ~ W -' :!! ii2
::r "" II. !;2 U) a. w ~
'tl III Z a:: II. -' ..J 0 0
c: a::
]j III :!! a:: :c C/) :i!i C3 ::i! w w c.5 a:: ..: ..:
Q. u 0 LL < U U W ~
.9 Jl w ::;; ... 0 u w w en )( -' en en
-'" a:: a:: -' ~ w :> :>
" - ::;; a. ~ <( CD Cl Cl
Gl ...
..c:: ,9! ~ a:: en ." ... W ~ 0 v ~ 0 ::J ::J
" LL ... ~ ... w ... ... :!; :!; Ul
1ii Q. ~ ." .... Z N Cl ... ,... ... ... ]j
0. 0 ... 0 0 0 N
tl ::r 0 ~ ... ::J ." ::J 0 ~ 0 0 ::J ::J
Ul ... CD ... ..., ... <( ... ... i:: ... ..., ..., ~
III t
U en ." ." ." ." ." ." '" '" en en CD ." CD 0
Gl 'E 0.
N ." ." ." ." CD CD "! "! ." ." ~ CD en Gl
~ ::r on ..f ..f ci ci on on ..f ..f ai m ~ a::
0 co co
E en UJ UJ ,... ,... en en '" '" en It) It)
'l5 ~ ~ ~ ~ '" '" N '"
c: <( ~ N N
,."
> III
E
0 -
." c:
::r
Ul 0 0 0 0 0 0 0
a ~ ... ... ... ... ... ...
0 0 0 0 0 0
0 ~ !:! ~ ~ ~ !:!
..J -'" GlI
" 'Iii ~ ...
::;; Gl :c !:! ~ :c
::J ..c:: 0 ... ... ... ... ...
u
~ Iii N ... ... :s "" ...
il .... ... ... ... ...
U I-- N N ... ... ... ...
It) 0 :2 ... ... :2 0 0
It) ... ... 0 ~
a:: z ... ... ... ... ...
0 0
N N
o
'"
~
o
~
o
~
o
!:!
'"
!:!
Ol
I
.,
g>
c..
tlOl Ol 0 0 CO 0 CO '" 0 '" 0 0 '" '" 0 0 CO '" CO Ol '" '" Ol
:J "! N CO CO ~ CO Ol "! 0 N 0 0 N N 0 0 CO N '" "l Ol Ol Ol
o '" .,; .,; .,; cD cD r-: ~ cD r-: c:i c:i ~ ~ c:i c:i cD ,.; en ~ c:i c:i ~
E Ol Ol Ol Ol 0> '" '" co '" '" .... .... 0 0 Ol N .... 0 CO CO
~ ~ N '" '" N CO ~ ~ "'- "'- "'- CO '" '"
<( N N N aj
Ul ..
z J
a
w Ul Ul ~
W U W W W
0 Ul :> Ul Ul W W Ul t:
Z ~ U U 0
0 z z z Z 0..
a '" w oc w w ~ ~ :J w .,
I-- E ~ c.. w c.. c.. In c.. oc
C) E ~ ~ Ul ~ C) ~ w w C) ~ ~
Z :J oc Z Ul Ul Z c..
5E Ul C) ;;: C) i= C) .....I .....I i= Ul C)
oc .... z c.. z z z ~ Ul <( Z W Z
0 u
it ., ::E w ::E ii: ::E ~ z ii: ::E
.c oc 0 0 i=
u 0 ::;; ::;; c.. ::;; iii iii c.. a ::;; u
u. ~ ~ C) ~ w ~ .....I W ~
a 0 z Ul ~ Ul z ii:
'G ~ C c
?: c UIC) .....I 0 C) iii C) w w ~ .....I C) I--
:J ~ U. ~ U. <( U
0 ~ ,!!!, a .....I a I-- a a ~ a C) a w
U U .c oc w :5 oc ~ oc oc oc ~ w oc .....I
a c.. .....I In c.. a c.. c.. z c.. a .....I c.. W
I-- I-- I-- I-- I-- I-- I-- I-- I-- I-- I-- I-- I--
Z Z Z Z Z Z Z Z Z Z Z Z Z
W W W W W W W W W W W W W
::;; ::;; ::;; ::;; ::;; ::;; ::;; ::;; ::;; ::;; ::;; ::;; ::;;
c.. c.. c.. c.. c.. c.. c.. c.. c.. c.. c.. c.. c..
a a a a a a a a a a a a a
.....I .....I .....I .....I .....I .....I .....I .....I .....I .....I .....I .....I .....I
W W W W W W W W W W W W w
Iii Iii Iii Iii Iii Iii Iii Iii Iii Iii Iii Iii Iii
c c c c c c c c c c c c c
u u () () () () () () () () () () ()
- ::E ::E 5E ~ ::E ::E ::E ~ ::E ::E ::E ::E ::E
'2 a a a a a a a a a a a a a
~ z z z z z z z z z z z z z
:ll a a a a a a a a a a a a a
u () u u () () u u () u u u u
., w w w w w w w w w w w w w
c ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~
'in
:J
In :c :c :c :c :c :c :c :c :c :c :c :c :c
oc
a
()
Ul
W c..
() ~
en oc a
~ oc
>- a C)
a Ul oc Ul
w oc w u oc
~ u ~ oc ~ w
u c..
0 z :> ~ >- Cl <(
0 a oc c5 Cl
'" z ~
N Ul W Ul oc
C) I-- Ul oc ~ w ii:
a ~ oc w z w
z :c d w w z >-
.....I :><: w C)
In Ul U ~ Z ~
::;; U .....I ::;; :J a oc
~ ~ .....I In Z a w
w w a z a z
~ In ::;; ~ Ul W I-- w
51 en c.. Ul w
() c.. c z z oc oc .....I
'" i ~ ::;; oc ::;; :c z w w w
'" <( C3 () a 5E w ~ ~
oc > In () W ., c.. oc
~~ t I~
~d! ~ ll!
~
ffi
::I!
II.
c: 0
i ~
I J ;
o ~
~
u
i
~.l:
~
a:
~
1:i S
...
l
I t
8,
~
j
'"
N
~ ~
I
!
15
z
g
g
<(
.l:
:J
....
~
~
a
....
~ ~
~-~--~ i
"'~"':~~~ ~i
lllii::ii~ III
5l 5l '" ~~ i
,;""tnScs"'.... ~
~ N~~~ j
...
I i I I I I ~
~ (t)"
...
~
~
~
~
~
m
'"
~
~
~
~
~~~~
aJ..oN a:i
'"
...
...
~ ~ ~~lil8
N Nili' ~ g
<(
~
~
~ ~ ~!
~
R
~
~
......
~ ! ~~
oc-: 0)
~
~
~
...
~ ~
II>
~
~
...
~
~ B lill!l
~ ~
II>
~
cO
~
~ '" lil....
~ ::~
...
~
~
~ B ~~
~ T""N
II>
lil'"
~
,,~ 8,,~
~ of ~ S!I
~d!
8'1 i CD
~~a]~ ~
iB > CD
ili i!! !l ~ E
i~ jJli~!
JI Uu!1 i
i S:U~81~~
15 lil~~lB:e~lil
~ ~~......~lilf:l
II>
!
!
S
15
z
g
!
~
....
~
....
~
~
<(
Ii!
::;;
.<l
If
c:
.J!l
Il
j
U
all
Jill J
JJ ~
~~~~~~~~ ~~ ~ ~~
~~~~~~~~~~~~~~~~~
o~~~~olll~cR:ecclllc~~
lItt ........
~~~~~
iiiii
5l~~~~~~~~~~~ ~~....~
I qC'\(,N"lt osc;;~-us.....~ I ;q:..~~..~
~~ ~ e~~~
. ,~.~.IllS...~~.lll~~~ ,~~.~~
S!~ LO T'" car--vv
~! lO"'lllS~ ~
~ lll~ lllgj ~ ~
",'
5l!!l !!! lll~"" ~~
~~. !'"
~ ~~
~~ ~ llli!i ~~....
"fiN -c-=
lil~
~lll
...
~ N t3~~ ~CD
~ ~
~ ~
'"
~ ~ lllgj lil~
N
~~ ~ III ~~ ~ ~
~ 10 III ~~lll ~lll
~ ......
~~~~~~~~,~~. ,~.~~
LO~~ ..........~..... LO ~~
z
o
iil
i! :i!
~ jw8i ~ ~ ~~ 8
~ ~ ~Ij~ ~~!~ I~ j
i~ll ~ fi~~Jm!{lml iilf~
~jJj!lj!jjillflll.~ ijJ!i~
~~~~~~~~~I~~~~~~~ H~~~~~
~
;:::
lli
~
~
...
~
g
...
... c-,'
I
~i
ci:
"',
"'I
i
w ;...~
I i
, I~!
III I
'"
... I
I~
I~I
I
W I. j
I i
! I!I
I~
II> II
~. I~I
... llll
II> INi
12 I",
'{ I~.
.... I~
k
'" 101
~ i~1
~ i,~j
~':1
~ I~I
~ (;1
i ("') ~
I I
81 I~ I
N I~j
... I j
I :
~ 101
N I;:f
1(; !
... 1,,1
~ I~I
II> I
~ 8
...... c:
~ IS
Ill!
... I~
!
:;;)l
ISl.
I~
8
~
F
s
i
il
~
~ E
c: '0
o ~
Jimi
1:1I.>lj~
~1~~a
t~ii~
~IIJ~i
':i~~~
F.l! i'!
B~!Jj
S
!
J ~
I ~
~.l'I ~
~i ~
! IliE~.l'I~
lil ~~ ~J:J
~ llUi~i
J =~~81~:i$
~~~~~
5c.,
j
1:
~
'0
~ I
II w
!! 'l!
~ c
!~t
qi
~I~~
~-all~
.nl~~
g~i~ i
!i~1 I
M....e w .il
mh) f
1I.8~,,- ~
@
o
~
1.
I
!
f
II I i
~If m ~!
11~ll II
iiii II
7CL
City of Farmington
430 Third Street
Farmington, Minnesota
651.280.6800 . Fax 651.280.6899
www.ci.farmington.mn.us
TO: EDA Members
FROM: Tina Hansmeier, Economic Development Specialist
SUBJECT: Extension to Realtor Agreements
DATE: September 27, 2010
INTRODUCTION/DISCUSSION
The EDA entered into an agreement with I<:VV Commercial on March 22, 2010 to represent the EDA
in selling three EDA-owned commercial properties. Per the agreement, the contract is set to expire
on September 30, 2010 and may be extended by written agreement of both parties. The attached
document extends the listing agreement between the EDA and I<:VV Commercial until March 31,
2011.
ACTION REQUESTED
Approve and execute the First Amendment to Listing Contract for the following properties:
305 3rd Street (Former Liquor Store Building)
317 -323 3rd Street (McVicker)
209 Oak Street (Riste)
Respectfully submitted,
Tina Hansmeier
Economic Development Specialist
4-1
FIRST AMENDMENT TO LISTING CONTRACT
1. PARTIES. This First Amendment to Purchase Agreement is made on September
~ 2010, by and between the ECONOMIC DEVELOPMENT AUTHORITY IN AND
FOR THE CITY OF FARMINGTON, a public body corporate and politic ("EDA"),
and KW COMMERCIAL . a Minnesota ("Broker").
2. LISTING AGREEMENT. The Listing Agreement dated March 22. 2010.
("Listing Agreement") for the 209 Oak Street property shall remain in full force and
effect except as specifically amended herein.
3. AMENDMENT. The Listing Agreement is amended to extend the Listing
Agreement and provide a new expiration date of March 3 L 2011.
Economic Development Authority in
and for the City of Farmington
By:
Its President
By:
Its Executive Director
KW COMMERCIAL:
By=---:-7 --
FIRST AMENDMENT TO LISTING CONTRACT
1. PARTIES. This First Amendment to Purchase Agreement is made on September
-' 2010, by and between the ECONOMIC DEVELOPMENT AUTHORITY IN AND
FOR THE CITY OF FARMINGTON, a public body corporate and politic ("EDA''),
and KW COMMERCIAL . a Minnesota ("Broker'').
2. LISTING AGREEMENT. The Listing Agreement dated March 22. 2010.
("Listing Agreement") for the 317-323 Third Street property shall remain in full force
and effect except as specifically amended herein.
3. AMENDMENT. The Listing Agreement is amended to extend the Listing
Agreement and provide a new expiration date of March 31. 2011.
Economic Development Authority in
and for the City of Farmington
By:
Its President
By:
Its Executive Director
KW COMMERCIAL:
7---
By:
,vr
FIRST AMENDMENT TO LISTING CONTRACT
1. PARTIES. This First Amendment to Purchase Agreement is made on September
-,2010, by and between the ECONOMIC DEVELOPMENT AUTHORITY IN AND
FOR THE CITY OF FARMINGTON, a public body corporate and politic ("EDA"),
and KW COMMERCIAL . a Minnesota ("Broker").
2. LISTING AGREEMENT. The Listing Agreement dated March 22. 2010.
("Listing Agreement") for the 305 Third Street property shall remain in full force and
effect except as specifically amended herein.
3. AMENDMENT. The Listing Agreement is amended to extend the Listing
Agreement and provide a new expiration date of March 31. 20 II.
Economic Development Authority in
and for the City of Farmington
By:
Its President
By:
Its Executive Director
KW COMMERCIAL:
Byr
1?CL
City of Farmington
430 Third Street
Farmington, Minnesota
651.280.6800. Fax 651.280.6899
www.ci.farmington.mn.us
TO: EDA Members
FROM: Teresa Walters, Finance Director
Peter Herlofsky, City Administrator
SUBJECT: TIF Reports
DATE: September 27,2010
TAX INCREMENT FINANCING (TIF) ISSUE:
On July 6, 2010, the TIF reports were completed by the finance director. All of the TIF districts
were co-mingled into one fund (Fund 4700). Although the revenues and expenditures for each
TIF district could be determined, the cash amount submitted to the State in prior years could not
be balanced to the cash on hand. The HRA fund had a negative cash balance at the end of 2009;
however, each TIF district was reported to the State (in past years) with positive cash balances.
The reports did not match our fmancial system; therefore, we did not feel comfortable submitting
them with the prior year's information or plugging numbers to make them match the system. We
decided to hire Shelly Eldridge from Ehlers to complete the reports and balance them to our
system.
On August 2, 20 I 0 (The day the TlF reports were due to the State), Shelly completed the TIF
reports and came back with some good news: all of the TIF reports had positive balances,
although not the balances previously submitted to the State. Since the TIF reports were
comingled with the HRA fund, the cash that was supposed to be in the TIF funds was used by the
HRA.
According to the Office of the State Auditor, commingling ofTIF funds is a violation of Minn.
Stat. ~ 469.177, subd. 5. We need to segregate the TIF funds from the HRA fund. This means
that when the positive balances are off-set by the negative balance in this fund, the HRA fund
will show its true balance which is approximately a negative $533,732. Shelly found a large
portion of this negative, is a result of the library ($253,892.46).
After many hours of research and several adjustments to prior year TIF reports, Shelly
determined the distribution between the HRA and the other TIF funds to be the following:
FUND BALANCE
2009 2010
Ending Beginning balance
Balance adiusted
HRA $(334,265) $ (533,732)
Downtown Redev Proj 84,989
Econ Dev Dist 13 BL 4,658
Redev Dist 2 106,899
TIF 13 Eagles 2,921
Total $(334,265) $ (334,265)
DECERTIFIED TIF DISTRICTS
We have two TIF districts that were decertified recently. The fIrst TIF district is the Downtown
Redevelopment Project. Although the TIF district was decertified, it still has one more debt
service payment to make in 2010. The amount of the payment is $45,653 (2004A). The City did
not levy to pay for this payment in 20 I 0 and no TIF revenue was projected to come into this
fund. This district had a fund balance of$84,989 at the end of2009. The fund balance will be
used to cover the payment. We will need to transfer funds from the (newly created) TIF fund to
the Debt Service fund to cover the defIcit caused by making the payment; however, technically
there was no cash balance in any of the TIF districts in 2009. At the end of2010, we will show a
fund balance of approximately $39,336 in this fund. Since this is a pre-79 district, the funds
need to be returned or we will need to do a public hearing and use the funds for economic
development that will create jobs. If the increment is returned to the County, the City will
receive a share back. This revenue would not be subject to the tax increment laws and could be
used to offset the negative balance in the HRA fund. Any development needs to meet the "but
for test". The project must begin by July 1,2011 (funds must be spent). The attached sheets
(pages 4-5 provided by Ehler's) show what the funds can be used for:
The second district is the Economic Development District 13 BL Adventure (Dalsin). This
district will have a positive fund balance at year-end in the amount of $4,658. Since this is not a
pre-79 district, we can show that we had a negative balance in the Elm Park clinic project from
prior years, and we can off-set this balance with the negative from prior years. This will be
transferred to the HRA or EDA fund. (It will be reported as other project expenditures outside
the TIF district for reporting purposes) in 20 II.
There is nothing else we can do about showing utilization of the fund balance from these two
districts. However, as we work on the other two districts, we can charge our time, audit costs,
and some of Shelly's fee to the districts going forward. This is something that has not happened
in past years. Going forward, with the exception of next year, the TIF reports should be very
straight forward. The HRA fund, however, will have a deficit that needs to be addressed.
BUDGET IMP ACT:
We need to combine the EDA with the HRA so we have cash to do the following:
.:. Transfer $45,653 from the Downtown Redevelopment Project TIF Fund to fund Debt Service
fund 3075 to cover the deficit caused by not levying for the bond payment.
.:. Utilize the remaining $39,336 ($84,989 - $45,653) for a community development project or
return it to the County as excess increment.
.:. Reduce the deficit remaining in the HRA/EDA balance.
ADDRESSING THE DEFICIT:
The HRA balance is estimated to be negative $533,732. It can be reduced by the following:
HRA Balance:
EDA (projected 2010 balance)
Sale of land
Balance
$(533,732)
293,810
100,000
(139,922)
Weare looking at a long range plan to reduce the deficit.
Respectfully submitted,
Teresa Walters
Finance Director
r nstru
The State of Minnesota Jobs Bill authorized cash balances in existing tax increment districts to
be used to spur new construction or substantial rehabilitation in your community. Significantly,
local governments can spend existing tax increment regardless of when the district was certified
without worrying about the many restrictions that have heretofore applied, such as the five-year
rule and pooling limitations. Any cash balances must be expended by December 31, 2011.
can we our!
The project must consist of the construction or substantial rehabilitation of buildings and
ancillary facilities, if doing so will create or retain jobs in the state, including construction jobs.
Construction must begin before July 1, 2011.
a project?
The first step is to adopt a written spending plan that specifically authorized the assistance. You
will then need to enter into a development agreement that specifies how much increment will be
provided, what it will pay for, and what form it will take. Under the law, the assistance may be
provided as a:
.. Direct loan
.. Grant
.. Interest rate subsidy on developer's private financing
.. Equity or similar investment in corporation, partnership, or limited liability company
.. Reimbursement to the City for public improvements such as utilities, streets, and
storm water improvements.
can
Yes. Assistance can be provided in any form to a private development consisting of construction
or substantial rehabilitation of buildings.
projects?
No. Tax increment cannot be used to pay for public land, public buildings, or recreational
facilities. Increment may be used to pay for public costs associated with a private construction
project, such as utility connection fees, sidewalks, parking, or storm water ponds.
type of district the increment is coming from?
No. Increment from a housing district can be used to help build an office building or increment
from a redevelopment district can be used for a raw land site.
i housing construction in an existing
There are several ways increment could spur development on improved lots. For example, you
could:
.. Pay for special assessments or improvement costs, thereby making the lots more affordable
.. Provide down payment assistance or gap financing to the homeowner
.. Provide construction financing to a builder
· Write down the interest cost on the builders construction loan
Remember, the lots you assist must have homes under construction by July 1,2011.
i homes and businesses?
Increment could be used to make low-interest or forgivable loans to home-owners, rental
property owners, or a businesses that will substantially renovate their property. If the loans are
repaid, the repaid amount is still considered tax increment and will need to be accounted for in
the district.
Can I I
No. Existing cash balances and increment collected through December 31,2011 must be used.
No new authority for bonds or inter-fund loans is allowed. There are techniques for freeing up
tax increment cash flow to use as much tax increment funds as possible before the end of 20 II.
What is the approval process?
The authority must adopt a written spending plan that specifically authorizes the assistance. This
plan must be adopted following a public hearing. A notice of the public hearing must be
published in a newspaper of general circulation at least once and not less than 10 days and not
more than 30 days prior to the date of hearing.
Where can I get more information?
Contact your Ehlers Financial Advisor at 651-697-8500. (A list of Minnesota Financial Advisors
and their direct dial numbers can be found under the Contact Us tab at the top of our web site at
www.ehlers-inc.com)
9Q. /'
Rising Stars Preschool
Are you looking for a new preschool? Is your
daycare full? Rising Stars Preschool held a
ribbon cutting on September 1. They are
located at 115 Elm Street in the City Center strip
mall. Rising Stars Preschool is a bright and fun
atmosphere offering many opportunities for
children to learn and play. They are available for
children 31 months up to Kindergarten and will
be open 7 am-5:30 pm Monday-Friday and one
Saturday a month. Contact Laura Mitchell,
owner, at 651-463-4001 or check out their
website at risingstarspreschool.net.
Owner Laura Mitchell (center) cuts the
ribbon celebrating the opening of Rising
Stars Preschool.
weng's Kitchen
Owner Tony Weng (center) cuts the
ribbon to celebrate the Grand Opening,
A ribbon cutting was held September 7, to
celebrate the opening ofWeng's Kitchen,
located at 115 Elm Street in the City Center
strip mall. Weng's Kitchen will serve many
dishes which are original family recipes from
China. A full menu is available for dine in,
""' take out, party trays, and special occasions.
There is free delivery on orders of $40 or
more. Hours are 11 am-9 pm daily. Buffet
hours are 11 am-2:30 pm daily. Contact
them at 651-463-8880. Their website is
www.wengskitchenmn.com .
The City Center strip mall is located on Elm Street
across from Econo Foods and Burger King.
Page 2 Farmington Economic Update
Blondie's Tavern
Blondie's Tavern, owned by Jeff and Stacy Schlichter, held their
ribbon cutting on August 23. They are located on Hwy 3 in the
Tamarack Ridge Retail Center. This is a beautiful sit down
restaurant offering casual, American cuisine. An event room
with seating for 50 is available by reservation for special
occasions. Hours are Sunday-Thursday 6 am-1 0 pm and Friday
and Saturday 6 am-midnight. Contact them at 651-463-8506.
. '.~) .
, OQl'Gt .
.
. ,
Recycling Opportunity for
Small Businesses
Because fluorescent lamps and electronics contain
hazardous components, it is illegal to throw them in
the trash. Fluorescent lamps contain mercury, and
electronics contain toxic materials such as lead, PCBs,
mercury and cadmium. In an effort to make it more
convenient for businesses to recycle these items,
Dakota County offers a collection program at The
Recycling Zone. Electronics and spent fluorescent
lamps are collected for a fee at The Recycling Zone on
the second Tuesday of every month from 9 am-2 pm.
They are located off Hwy 149 between Yankee
Doodle Road and Hwy 55 in Eagan. Please call
651-905-4520 or visit www.dakotacounty.us and
search "Recycling Zone" for more information.
Volunteer Opportunities
Trinity Terrace
The Trinity Terrace (3330 213th Street) now
offers assisted and independent living services.
They are looking for volunteers to call bingo,
offer manicures, help with exercise, special
events or music and a variety of activities.
Please contact Joy at 651-460-1166.
Warrior to Citizen
Farmington Warrior to Citizen is looking for
volunteers to help with community activities. If
interested, please contact Annette Kuyper at
651-460-2248.
Farmington - First
Impressions:
A Program for
Community Assessment
& Improvement
On June 18, 2010, five City Planners
from various communities in the
metro area were in town to perform
a First Impressions Survey* about
Farmington, The purpose of the
survey is to help communities
learn about existing strengths and
weaknesses as seen through the eyes
of the first time or infrequent visitor,
The survey was designed to provide
an awareness of the City's strengths
and concerns,
From the positive comments provided
in the survey, it is apparent that
Farmington has a lot to offer, such as:
. High quality housing
. Numerous trails
. An established downtown
Survey results encourage future
promotional efforts including: the
Vermillion River, parks, trails, and
small town feel; the construction
of new apartments; continuing
to maintain the downtown as a
destination; and capitalizing on the
"surprise" factor of the high quality
of life found in Farmington,
Farmington's Economic Development
Authority will be working on these
initiatives, If you would like to review
the survey, please visit the City's
website at www.ci.farmington.mn.us.
"First Impressions Survey guide booklet
format was developed by the Ministry
of Public Affairs and Housing Rural
Development Division, Ontario,
Canada, 2004, and revised in 2007, by
Andrew B. Lewis, Community Development
Specialist, University of Wisconsin Extension.
/~e. l3rld3e
Sef'+/ae+
5'Q ;/
Development News
New Businesses
The City provides an opportunity to highlight businesses through it's Business
Outreach program, contact 651-280-6821 or 651-280-6803 for details.
Studio 305 . 305 Third Street
Studio 305, features an inventory of home and garden decor items that will change
every month, Owner Sherri Warner, also offers original concrete sculptures, special
order items, design kits, and materials for classes to help clients give their homes
the unique look they desire. Another aspect of the business is event planning,
interior and graphic design services.
Rising Stars Preschool. 115 Elm Street
They are available for children from 31 months up to Kindergarten and will be open
7 am - 5:30 pm Monday - Friday and one Saturday a month. Rising Stars Preschool
is conveniently located in the City Center strip mall. Contact Laura Mitchell, owner,
at 651-463-4001 or visit risingstarspreschool.net.
Blondie's Tavern · Hwy 3 in the Tamarack Retail Center
Blondie's Tavern offers casual, American cuisine.
Hours are Sunday-Thursday 6 am - 10 pm; Friday and Saturday 6 am - midnight,
A special event room is available by reservation. Contaq them at 651-463-8506.
Farmers' Market
109 Spruce Street · Thursday, September 2, 9 & 16 · 3 - 7 pm
Several new vendors joined the Market
this year. Ready to eat food options
are now available including egg rolls,
spring rolls and kettle corn along with
new products like spices, yummy
banana pudding, salsa and rain barrels!
The Market will soon be over, so stop
by for fresh locally grown produce and
much more. Contact Lisa Dargis with
Market questions at
IdargiS(cilcLfarmington.mn.us or 651-280-6823.
Snappy Dog Salsa is very popular at the Market with mild,
medium, and hot flavors available for taste tests,
A large variety of fresh locally grown produce is available,
9
Trout Fishing on the Vermillion River
The Vermillion River is the largest
stream in Dakota County. The City of
Farmington provides public access to
the river within Rambling River Park.
A public access map to trout fishing in
Farmington and a guide to "Where to
Fish in the East Metro," is available on
the City website .
The river begins near Elko, and travels
eastward across much of the central
portion of the county until it discharges into the Mississippi River downstream of
Hastings, The trout stream portion of the river begins just above Cedar Avenue
and ends just downstream of Highway 52 bridge. Additional access is available at
the Miles A.M.A. located on the north side of County Road 66 east of MN
Highway 3.
..,
www.ci.farmington.mn.us
September/October 2010
Tile Bridge
&1b
Mialjl!J)[(' lEtemlll!J)mn<<:: [))re'We~l!J)~mewn~ Alctti'Wi~ore~
Sre~~rembre[(' ~(O)j.l\]
[P)rrre~@)[('recl B~~ Town@) ~1Bm~mreore[('
Celts
Celts recently remodeled their banquet room which now serves a dual purpose as a meeting space
and game room. Fresh paint, decor, carpet and games (pool tables, darts and foosball) were included
in the remodeling ofthis room which was completed last Friday (9/17/10) evening.
IEci01rrn@mic Garderrnirrng
Staff attended a free seminar on Economic Gardening presented by the Edward Lowe Foundation, a
nationally recognized entrepreneurship development organization. Traditional economic
development programs focus on small business development, workforce, and business attraction and
recruitment. Economic gardening takes an entrepreneurial approach to job creation and focuses on
helping existing growth-oriented companies (10-99 employees) become larger. Economic-gardening
specialists function much like an outsourced team of experts by helping entrepreneurs identify issues
that might be hindering their growth. Chris Gibbons, Director of Business and Industry Affairs for
Littleton, Colorado pioneered the concept of economic gardening in the late 1980's. His technical
assistance model includes resource that assists with market research, GIS, strategy and management,
and new media.
irarmirrngt@rrn Iausnrrness Ass@<<::Dati(Q)rrn
The Farmington Downtown Business Association voted to change their name to the Farmington
Business Association at their general membership meeting on September ih.
o City of Melrose Tour
Staff accompanied members of the Farmington Business Association on a recent trip to the
City of Melrose, Minnesota to meet their Chamber representative and Community
Development Director. The business association scheduled this visit to learn more about their
strategy as it relates to their mix of downtown businesses and few store front vacancies. The
City of Melrose's is located off of 1-94 with a population around 3,600. Sauk Centre is located
9 miles away and offers additional service and shopping opportunities. The main factor in
keeping their downtown buildings occupied includes zoning regulations which limits business
development to certain areas.
!F@rmer $errnu(Q)r Crerrnter IBll!Ai~ding <<Ci1!.1l-(Q)Wfti1ed1OJI!Ai~ding]
Mr. Otten has received a report from his environmental consultant which indicated that the presence
of significant mold throughout the carpeted areas of the building was observed during the inspection
of the property. His observations identified a number of building issues that may be contributing to
the mold issue including evidence of roof deterioration due to improper venting, potential ice
damming and water infiltration through some ofthe windows. Mr. Otten remains interested in
pursuing the purchase of this property despite its current condition. On a related note, Mr. Otten has
been busy working with the Minnesota Pollution Control Agency (MPCA) regarding the classification
of the Farmington Groundwater Plume as a Superfund site, a CERClIS site and a Permanent List of
Priorities site which has been a major factoring in delaying the sale of his 311 Oak Street property.
I.[j)"gbrali'u:h
Their interior remodel is well underway and should be completed this week. The remodeling of the
bathrooms and changes to the fa!;ade will follow.
MrcViekiE!fI' l[j)t
Dr. Dungy with Immanuel Dental submitted a proposal in August to purchase the properi.l' for $1 to
construct a $3,000 square foot building to expand his operations. Staff recently met with the
interested buyer and his brokers to go over staffols recommendations specific to the items in the
purchase offer that could be agreed to and which ones needed to be further negotiated. The draft
Contract for Private Development will be revised and provided to his broker next week. There are a
few remaining items that need resolution before the contract could be finalized and brought before
the EDA for approval.
O~d Uqu@11' St@fre Building I Studi@ 305
The results of the Phase I Environmental Site Assessment (ESA) triggered the need to perform a Phase
II ESA before financing earn be obtained. The purpose of the Phase II is to assess potential subsurface
contamination due to the past use ofthe site and because this property is located within the
estimated boundaries of the groundwater contamination plume. The results of the Phase II are
expected by the end of September. Additionally, a private appraisal has been completed and a copy
of the results should be provided to staff and KW Commercial very soon. The owners held "soft"
opening of Studio 305 on Saturday, September 25 and have indicated that they will likely have their
grand opening on October 9th.
Pampered Pet Spa/Gr'@@mingdales
Pampered Pet is now owned and operated by Groomingdale's.
Piua Man
The property and business owner has submitted an application requesting site plan review for a
proposed bUilding addition and outdoor seating. The site plan will be reviewed at the October 12
Planning Commission meeting.
~estaurraiilt, d@wiilt@wiill8::llccati@iil
Contact was made by an individual exploring the possibility of purchasing a downtown property. The
contact identified a restaurant use that they would like to open in this particular building.
~estaurraB'1ltp highway 3 lorcati@iil
Contact was made by an individual who inquired about what would be required to convert a vacant
gas station into a restaurant.
Ugly Mug
The Ugly Mug has new owners. Their liquor license required to serve beer was approved at the
September 20th City Council meeting. The license to serve wine will go before the City Council on
October 4th.