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HomeMy WebLinkAbout08.25.14 EDA PacketAGENDA REGULAR ECONOMIC DEVELOPMENT AUTHORITY MEETING August 25, 2014 6:30 P.M. CONFERENCE ROOM 170 Todd Larson, Chair; Geraldine Jolley, Vice -Chair Douglas Bonar, Steve Wilson, Kirk Zeaman 1. Call Meeting to Order 2. Pledge of Allegiance 3. Roll Call 4. Approve Agenda 5. Citizen Comments 6. Consent Agenda a) Meeting Minutes (7/28/14 Regular Meeting) b) Monthly Statements (June & July 7. Discussion Items a) MN Marketing Partners FAM Tour Summary b) Marketing Plan Update 8. Director's Report 9. Adjourn Action Taken Page 1 Page 3 Page 6 Page 7 Page 14 MINUTES ECONOMIC DEVELOPMENT AUTHORITY Regular Meeting July 28, 2014 1. CALL TO ORDER The meeting was called to order by-Chair Larson at 6:30 p.m. Members Present: Larson, Bonar, Jolley, Wilson, 'Zeman Members Absent: None Also Present: Adam Kienberger, Community Development Director, Mark Lofthus, Dakota Electric Association. 2. PLEDGE OF ALLEGIANCE 3. ROLL CALL 4. APPROVE AGENDA MOTION by Wilson second by Bonar to approve the Agenda. APIF, MOTION CARRIED. 5. CITIZEN COMMENTS/FRESENTATIONS 6. CONSENT AGENDA • MOTION by Wilson, second by Bonar to approve the Consent Agenda as follows: a) Approved Meeting Minutes — June 23, 2014. APIF, MOTION CARRIED. 7. DISCUSSION ITEMS plan Marketing Plan — Director Kienberger reviewed the marketing p the board. Some key points that were identified were; 1. Deepen relationships with Farmington business owners; 2. Get closer to land owner /developers; 3. Get connected to site selectors and business owners who conduct site searches; 4. Get smarter about the industry through active participation in industry associations. There are approx. 40 hours left with the consultant. Director Kienberger will work with Planning Manager Wippler on code revisions that impact economic development. Biggest message from the Marketing Plan - need people to like us. Director Kienberger will be looking at getting thank you cards and other marketing materials to promote Farmington. Need to have more communication with brokers and get to know them. Director Kienberger noted that MNCAR. Expo is a great venue to meet brokers and market Farmington. Their next expo is in November of this year. Member Wilson suggested having a broker come as a guest speaker to talk about his/her opinions of Farmington and what would be the strengths and weaknesses of our community. Director Kienberger will bring back some ideas at the August and/or September meeting. Providing regular updates to the committee is "key" to moving forward with mutual goals. Mark Lofthus asked who is our sales rep? The EDA and City Council needs to be sales people for Farmington. Member Bonar asked P1 EDA Minutes (Regular) July 28, 2014 Page 2 about a CIP plan for the EDA. Director Kienberger noted that discussions can take place in the future with regards to developing this plan. b) CDBG Update — Director Kienberger reviewed the program with the committee. Staff is working to promote the Commercial Rehab CDBG program. Member Zeaman indicated that he would like to put more stringent requirements on these requests for funding, due to a recent business closure that utilized these funds. What can be done with the Riste property? Currently, the assessed value is $29,600. If the property is sold for that amount, a percentage goes back into the CDBG fund and the remainder goes to the EDA account. Mayor Larson asked if the property could be sold for $1.00 as an incentive? Director Kienberger is still waiting for an answer from the CDA. There was some discussion on the Exchange Bank building and its vacant status. A Downtown Development Guide and long term strategy could be done by professionals that could stimulate development in Farmington. 8. DIRECTOR'S REPORT This report provides updates on various projects and news items. Director Kienberger noted that Valmont will be expanding. He reviewed the building permit report and indicated we are on pace. Member Zeaman asked if "Thank You's" can be sent to the businesses that returned the surveys. 9. ADJOURN MOTION by Jolley, second by Bonar to adjourn at 8:15 p.m. APIF, MOTION CARRIED. Respectfully submitted, 4tt .1 Sue Miller Administrative Assistant P2 HEM Will 3 gs iii §gii a O N r � N � 1 N v ' w N N fJ Ut 46£'82 S SLO'8 S "t 8 t. leg EARS At o q N V+ F o 8 5x0 P3 i iv ZYL'841S ZSC'LBtS LZZ'91113 1LC£LZ S LLC£LZ S ttl'£LZ ! 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This group is comprised of economic developers from around the State interested in participating in the furthering of economic development in Minnesota. Eight site selectors participated in tours around the State highlighting what Minnesota has to offer. Most of the site selectors had never been to or done business in Minnesota. Below are some of my key takeaways from the discussions held at a wrap -up meeting in Chaska: • We need to do a better job of telling "our story" o Minnesota modest works against us on the national stage • Capitalize on strong workforce numbers and demographics by securing better data o This is the proof of the message • Note the financial health of organization and region o MN is comparatively better off from a financial health perspective than most of the country • Everybody has quality of life...differentiate • Anything that can be presented that indicates a minimized risk o Businesses/site selectors don't like unknowns • Importance of BR &E programs/communication with businesses o Don't want to take a company to a community where it will be "forgotten" • Link with training opportunities/educators is important • Be the convener of groups and resources • Promote Made in MN video • Get private sector testimonials /interactions • Address skilled labor shortages • Strong regional focus /positive collaboration • Pride in architecture/visual appearance — sets MN apart o Very clean look • Infrastructure is key ACTION REQUESTED This information is being provided to the EDA as an update on regional economic development activities. P6 City of Farmington 430 Third Street Farmington, Minnesota 651.280.6800 • Fax 651.280.6899 www.ci.farmington.mn.us TO: Economic Development Authority FROM: Adam Kienberger, Community Development Director SUBJECT: Marketing Plan Update DATE: August 25, 2014 INTRODUCTION/DISCUSSION As we discussed at the July EDA meeting, I will be providing monthly updates on the 2013 Marketing Plan. There were four primary goals included in that Plan: 1. Deepen relationships with Farmington business owners through an aggressive Business Retention and Expansion (BR&E) program. 2. Get closer to land owner /developers in order to be better prepared for industrial development in the City. 3. Get connected to site selectors and business owners who conduct site searches in the area. 4. Get smarter about the industry through active participation in industry associations like Economic Development Association of Minnesota (EDAM) and Minnesota Commercial Association of Realtors (MNCAR). Below is an update on a few key initiatives underway: • BR&E Myself along with Mark Lofthus (Dakota Electric Economic Development Director), and Patrick McQuillan (Dean of Workforce Development for DCTC and Inver Hills) met with Valmont last week to discuss training and workforce needs. Valmont has a particular need for aluminum welders and increasing the skillsets of their existing employees.' DCTC will work with Valmont to apply for a MN DEED MJSP (Department of Employment & Economic Development Minnesota Job Skills Partnership) grant at the end of the calendar year. If successful this will allow DCTC to implement the desired training program for new and existing employees of Valmont. Valmont recently broke ground on their new 12,000 square foot expansion. • BR &E Subcommittee Recommendation — based on our conversations at the last two EDA meetings, I am recommending we form a BR &E subcommittee to help with the planning and strategy of conducting business visits. These meetings can be held monthly outside of the regular EDA meeting to spend focused time on logistics and technical work related to our BR &E initiatives. I will be looking for two volunteers to serve on this subcommittee with me. • Grant opportunities — Staff is exploring the CDA's Redevelopment Incentive Grant'(RIG) program criteria and will be recommending an application for a downtown development study later this year. P7 This effort will likely involve the EDA, Planning Commission, and Heritage Preservation Commission. See the attached Star Tribune article about a recent initiative by the City of Jordan. • Brandtender supplemental information — attached is an article featuring a local marketing consultant that has some interesting points to think about regarding branding and how we communicate with our "customers ". This follows our conversation last month on how the EDA can serve as "Brandtenders" or ambassadors for economic development in Farmington. • Farmington is now a MNCAR (MN Commercial Association of Realtors/Real Estate) member, and I will be participating in various MNCAR events including the annual MNCAR Expo held at the end of October in Minneapolis. This membership furthers our goal of networking and building relationships within the commercial broker sector. ACTION REQUESTED Staff is requesting that the EDA review the attached materials and discuss the items outlined in the above memo. P8 StarTribune - Print Page * StarTribune Reviving downtown Jordan Article by: Erin Adler Star Tribune August 19, 2014 - 2:26 PM On a balmy July night, Jeff Will pointed up at a building on the corner of First and Broadway in Jordan. A dance studio was the most recent tenant but the building has been vacant for six months. "Do you see that ?" the lifelong Jordan resident and City Council member asked, tilting his arm to show how the building leans a little. The off- kilter structure is a reminder of a roadblock to downtown revitalization, he said: Who's going to pay $150,000 for an old brick building that needs structural repairs when a new one can be built for less? Beautiful old buildings, arguably Jordan's biggest asset —15 properties are listed on the National Register of Historic Places — also may be its greatest challenge, he said. "Some of these buildings become a financial challenge, and that's my point," he said. is that a city hall problem, or is it just a matter of finding the right person to fall in love with it ?" Revival efforts On this particular evening a small troop of residents, business owners and city staff, members of Jordan's downtown advisory committee, strolled the nearly deserted streets. They noted what needs improvement and asked questions: Should there be a sign here? Would it look nice to extend fencing by the bridge? Whose job is it to weed beneath the trees on the boulevard? Since April, the committee has been weighing the impact of small updates — benches, informational kiosks, decorative paving — to accompany $1.6 million worth of fixes being made next summer, including three blocks of new roads and sidewalks. The city also is trying to make major changes. Officials used grant money to develop the 2013 Downtown Jordan Master Vision. The 90 -page document, filled with recommendations, maps and cityscapes, is intended to guide planning decisions. Each year, the city puts $50,000 toward implementing the plan, said interim city administrator Tom Nikunen. But in trying to make updates, the city faces the same uphill battle as many other small, older downtowns in their quest to become a Stillwater or a Northfield. P9 http://www.startribune.condprintarticlenid=271879271 talked about the potent al in downtown Jordan outside Nathan's Barber Shop. Photos by Erin ADLER • Star Tribune, Jordan, population 6,300, boasts the state's largest candy store and a famous town - league baseball park called the Mini Met. Star Tribune file photo, Joanne Foust, a planner hired by the city of Jordan, makes notes of potential upgrades to a street in Jordan. Erin Adler • Star Tribune, 8/20/2014 12:46 PM StarTribune - Print Page One problem is the is the "lack of vitality," said Thom Boncher, City Council member. Salon owner Jeanna Orris is already in love with the possibilities in quaint Jordan, population 6,300 and growing. But it needs a lot," she said of the city center. Have you seen all the empty buildings ?" Nikunen countered that there are between four and six vacant buildings once recently sold or leased properties are eliminated. "We'd like zero, but its improving," he said. Gaps remain Orris, owner of Studio J salon, said that while there are plenty of antique shops around, other businesses are notably missing: a family restaurant, a dry cleaner, an ice cream shop, maybe a place to buy a birthday present. 'You know, like those cute little things that families do together in small towns ?" she said. There's work to do, agreed committee member Vicki Anderson, owner of The Vinery Floral, Home and Garden: "I win the lottery, I'd come down here and redo the whole place" Locals aren't the only ones to see potential in the city's quiet streets. "They have a fabulous number of preserved buildings in downtown Jordan," said Kathleen Klehr, director of the Scott County Historical Society. More remarkable: the buildings are actively being used she said. http : / /www.startribune. com/printarticle/?id= 271879271 Some sidewalks will be replaced in downtown Jordan, which is trying to reinvent itself while staying true to its historic roots. Feed Loader, The old brick buildings are both Jordan's greatest asset and biggest concern. Landmarks such as the Nicolin Mansion Bed and Breakfast are a source of town pride. Star Tribune file, Many of Jordan's brick buildings are more than 120 years old. Bars, antique stores and coffee shops now inhabit what used to be a harness shop, an opera house, even a cigar factory. Some properties, like Pekarna Meat Market or the Jordan Baseball Park, known to generations as the Mini -Met, are landmarks that remain nearly unchanged since the 1890s. The right mindset As one of two city planners in Jordan, Andrew Barbes likes to talk about his hopes for the future of downtown. Even problems — like vacancies — can be seen as opportunities, he said. 'That's the kind of mindset you have to have.' Anderson said tourists often ask her for directions to sites like the waterfall or the "candy barn." It happens 20 times a week, she said. Visitors come to Jordan randomly today, Barbes said, but one day it could be a destination. This town, I just see it as a growing city that's also trying to hold onto its classic values, you know ?" he said. A positive sign: housing permits this year are outpacing last year's numbers, Barbes said. And high hopes are pinned on plans to bring a brewery downtown. A brewer wanted to use the historic Jordan Brewery for the operation, but the site was recently damaged by flooding. Instead, the microbrewery will be located in the now - vacant library. "The city is looking to help out a new vendor any way we can," he said. And its beer, so it never hurts." P10 11/7.0/2014 12:46 PM StarTribune - Print Page http: / /www.startribune .can /printarticle /?id= 271879271 Jordan also is encouraging downtown revitalization through a matching grant program, instituted in 2010, which has helped businesses make $100,000 worth of updates, said Joanne Foust, a planning consultant hired by the city. Will said business owners do want to see dramatic changes, but a recent survey shows that keeping costs low is their first priority. Orris is hopeful, but said she doesn't know how much the City Council can really do to encourage new businesses to come to town. 1 do feel like it has so much potential. It's going to get better," she said. "It's just going a little bit slower than I'd like it to go." Erin Adler • 952 - 746 -3283 © 2014 Star Tribune P11 nMntnnin 1n.ec T1.1 LEADING EOM as featured in MINNESOTAIONESS 10 QUESTIONS WITH.. Dan Day This author and marketing whiz wants to bring your brand to life— through your employees. 1 MinnesotaUusiness Magazine: Your now hook is called Brandtender Marketing. What do you mean hythe term? 13<1n 13.4: A " brandtender" is an employee who is aligned to your brand and can effectively tender its value proposition to the marketplace. Brandtender Marketing is a trademarked approach that takes your brand to market via employees. 2 MNB :You contend there is no such thing as customer loyalty. Can you explain that? ID :It's difficult to gain loy- alty in our culture —the divorce rate's over SO percent, right? Yet we expect custom- ers to be loyal? We have to be loyal to them! "Loyalty marketing" builds affin- ity to points and promos, not the brand. Would you rather have a pleasant flying experience or tarn miles that you tear your hair out trying to redeem? q MNB: Lots of business owners are going around today picking up the proverbial coins off the shop floor or look- ing for new revenue streams. Why do you suggest looping no further than a company's workforce for unrealized value? PI); What separates one brand from its competi- tors, regardless of industry, is that no two businesses have the exact same blend of individual styles, generations and cultures spread amongst their employee popula- MinnesotaBusiness ! Aprit 2009 BIZ BRIEFING Gar 9; Title; President, Brandtender Marketing Age: 49 Education: B.A., Winona State, M A,University of Minnesota. Famlly: Wde, JoAnn Website: www.b:andtender.com • • ems• P12 Reprinted With pernasslon of MInnesoheushess Magazine. 02009, ail fights roserved. My reproduction of this doswroat is aridly prohihlled. For ,.pants oaf 612.787. 118. tion. This unique mix is the DNA of a brand, an "unduplicatable differentia- tion" that can be leveraged to strengthen connections with customers. 4 MNB: An "engaged workforce" sounds good and all that, but does it add to the bottom line? 1113: Yes, when that engagement is mobilized to drive marketing efforts. As an example, ask a McDonald's executive how much the phrase, 'Would you Tike fries with that ?' has added to its bottom line through the years. 5 MNB: We have forever heard lines Stith as the customer is always right and that companies strive to excel in the area of customer service. Do you have a slightly different concept of that? till: Customer service is vital, but reactive. We have a proactive, marketing-minded approach to customer engagement. After making purchases from a company recent- ly, I received a phone call from "R.J." pleasantly asking what else he could do for me. Now that's direct marketing. Your people are your brand, so you position them in your marketing efforts. Then, you can start to quantify ROI. 6 MNB: Name three things the best brands do well. lift: The brands that will survive this wobbly economy: 1) Help employees understand and become aligned to their brand. 2) Teach employees how to communicate the brand message effec- tively. 3) Empower employees to represent their brand in the marketplaces they serve, making every "moment of impression" with a customer a strong one. Reprinted nth permission of MinnesotaBusiness Magazine. e2000, atl rlgh s reserved Any reproductlon of this document is ddo0y proh1Wled. For reprints can 612.707.3110. WHAT SEPARATES ONE BRAND FROM ITS COMPETITORS, REGARDLESS OF INDUSTRY, IS THAT NO TWO BUSINESSES HAVE THE EXACT SAME BLEND OF INDIVIDUAL STYLES, GENERATIONS AND CULTURES SPREAD AMONGST THEIR EMPLOYEE POPULATION. 7) l MNB: What doesn't a brand do? 11D: A brand doesn't get built by marketing' and then hurled toward customers over the heads of employees. A brand doesn't get faked through a cool logo with a punchy tagline. A brand doesn't come to life on its own —it's not a thing—but rather through connections between employees and cus- tomers. You can't design your way around offering poor customer experiences. 8 MNB: Briefly outline your Brandtender Marketing process, NJ; You know that huge gap between strategy and tactics? We close ir, through an implementable process that begins with helping companies see through the eyes of customers. Then we align employees to the brand message, introduce marketing to HR-1'm amazed at how little interaction there typically is between the two, when both are critical to the brand! —and segment employees just like you'd do customers. We connect employees to customers, the centerpiece of Brandtender Marketing, then measure and sustain what we've started. P13 9) MNB: Name a few local companies that you think really get this concept. 11B: Have you seen the latest Best Buy TV spots? They feature real, live employees talking about their experiences help- ing customers. "It's our people, not the stuff," says Best Buy's Barry Judge. Also, Fastenal, of Winona, was one of the last companies we heard about being impacted by the downturn and it remains strong. Founder and chairman Bob Kierlin will tell you flat- out: "Your people arc your company." These are just two Minnesota companies bringing their brands to life — through employees. 1 O MNB: How is your book selling? 1315; Thanks for asking! Ic is selling beyond expectation, but my real joy comes from putting concepts into action. Rolling up our agency's collective sleeves to help companies mobilize their marketing army —their employees —is the challenge that jolts me from bed every morning! —DG April 2009 Minnesotanusiness City of Farmington 430 Third Street Farmington, Minnesota 651.280.6800 • Fax 651.280.6899 www.cilarmington.mn.us TO: Economic Development Authority FROM: Adam Kienberger, Community Development Director SUBJECT: July Director's Report DATE: August 25, 2014 INTRODUCTION/DISCUSSION Dakota County TIF Policy Dakota County is currently revising their tax increment financing policy — the most current draft is attached. This has been a topic of concern for many of the cities in Dakota County over the past several years as the policy is not supportive of cities creating economic development TIF districts. CDBG/Riiste Property Update Last month we discussed options for selling or developing this parcel in Downtown Farmington. The Dakota County CDA has clarified that prior to a sale, an appraisal would be required and that 76.9% of the appraised value would need to be recaptured by the Farmington CDBG program as "program income ". Essentially this means that any sort of incentivized sale of the property would still need to be made whole for the CDBG program. Hotel Update There is a new project manager at BriMark Builders who is managing the Farmington hotel project. The transition has caused a slight delay, but they assure us that everything is still moving forward. Dakota County Broadband Study Update Please find attached an update from broadband consultant Design Nine on the status of the county -wide broadband study. Building Permit Reports Please find attached the monthly building permit report provided by the Planning Manager. Permit activity is continuing at a steady pace. Foreclosure Update Please find attached the July foreclosure update provided monthly by the Dakota County CDA. Like the other cities across Dakota County, Farmington continues to notice a dramatic decrease in both Sheriff Sales and Notice of Pendency Filings. P14 Property Owner Meetings Staff recently met with two families that own large industrial zoned parcels in town. The lines of communication are open and both parties have expressed general interest in listening to potential development proposals. ACTION REQUESTED None, this report is intended to be a monthly update on various development and industry related topics. P15 Policy 8002 TAX INCREMENT FINANCING Published 09116/02 Revised: June 2014 POLICY STATEMENT Dakota County will -may support housing, redevelopment, renewal and renovation and soils condition TIF districts that increase or have a neutral effect on the number of affordable housing units in the community, clearly demonstrate that they meet the "but for" test, and meet at least one of the following: 1. Provide affordable housing 2. Include livable community housing and provide mixed us 3. Remove blight conditions and /or contamination 4-- Rrevid DEFINITIONS Affordable Housing: Lew,and-rr ed 'ets jat -pfAv de: 40%A�e -eft le- #efamilloc at 60 9f median neome, th uld 0 Rental housing that must meet all of the requirements for a low income housing credit under section 142(d) of the Internal Revenue Codes, regardless of whethelthe project actually receives housing credit Including maximum income and rent limits established annually by the U.S. Department of Housing and Urban Development (HUD). Owner occupied housing that must meet both of the following: (1) the definition of "housing project" under Minnesota Statutes 469.1761 Subd. 2: 95 percent of the housing units must be initially purchased and occupied bv individuals and families whose household income is less than or equal to the Income requirements for qualified mortgage bond projects under Section 143(d) of the Internal Revenue Code., . and (2) the Dakota County policy requirement that 50 percent of the housing units must be initially purchased and occupied by individuals and families whose household Income is less than or equal to 80 percent of the area median income (AMI) as determined annually bv HUD. Maximum initial sale price limits will be enforced to ensure homes are affordable to homebuyers at these incomes. Blight conditions: Areas that contain (or conditions that cause) high percentages of dilapidated buildings or otherwise deteriorating and substandard structures. (Minn. Stat. § 469.174. subd. 10). "But -For"" Test. Shows that_in the opinion of the municipality: f i) the proposed development or redevelopment would not reasonably be expected to occur solely through private investment within the reasonably foreseeable future: and f ii) the Increased market value of the site that could reasonably be expected to occur without the use of tax increment financing would be less than the increase in the market value estimated to result from theproposed development after subtracting the present value of the projected tax increments P16 for the maximum duration of the district permitted by the plan. The requirements of this item do not apply if the district is a housing district. (Minn Stat. § 469.175, Subd. 3, b. (21), ContaminatedL: The presence of hazardous substances, pollution, or contaminants that require removal or remedial action Livable Community: A community that is designed with 1) mobility options such as transit, walk, bike or drive, 2) protects and enhances natural resources, 3) Provides housing choices including single - family homes, condominiums and apartments in a variety of architectural styles and prices to meet the needs of people of all ages and incomes, and 4) a plan for mixed uses such as locating housing, workplaces, shopping, daily services, schools, parks, civic places and public facilities together in an area. neyrequired-te- meet -a-het eid's basis- Rocds, includi feedr housing;- health- sarertra l Rai -awes The-nu Hers Low lncome Housing: Housing occupied by persons whose income is at or below 50% of the area median income with rents not exceeding 30% of the 50% area median income. Mixed Use: Developments that include housing, varied by type and prices, integrated with commercial development and places of employment. It includes those developments being accessibility by multiple transportation modes Moderate Income Housing: Housing occupied by persons whose income is at or below 80% of the area median Income with housing costs not exceeding 30% of 80% of the area median income. designed- by-deve gut ies-uq Project area: The geographic area' in which tax increment revenues may be spent. Project area are designated by the development authority under the applicable development law. such as the HRA. Dort authority, economic development authority, or municipal development act. Qualifying Inspection: The inspections performed to document the status of the property to determine that the district meets the criteria as a redevelopment district, a renewal and renovation district, or other TIF district. Redevelopment: Actions taken to improve areas affected by substandard buildings, blight, railroad or tank facilities, as described by Minn. Stat. § 469.174, subd. 10. Tax Increment Financing: A statutory financing tool used to promote economic development, housing, redevelopment, renewal and renovation in areas where it otherwise would not have occurred. TIF enables an authority to "capture" property taxes generated by new development or redevelopment to pay for development expenses. A TIF authority captures the increase in net tax capacity resulting from new development within a designated geographic area called a TIF district. Tax Increment Financing Authority: An authority created pursuant to Minnesota Statutes to administer a tax increment financing district. (See Minn. Stat. § 469.174, subd. 2) Tax Increment Financing District: The geographic area from which tax increments are collected. The development authority defines the area in the tax increment financing plan. A district may be a- contiguous or noncontiguous areawithin -a project area. (See Minn. Stat. § 469.174, subd. 9) Tax increment Financing Plan: A plan that must describe the project supported by tax increment financing, project objectives, development programs and activities to be undertaken, type and duration of district being created, parcels included in the district, estimated costs and revenues, impact on other • P17 taxing jurisdictions, and other details of the proposal. The TIF plan may be approved by the municipality after the required public hearing is held. (See -Minn. Stat. § 469.175, subds. 1, 4) SOURCE Tax Increment Financing is governed by Minn. Stat. § 469.174- 469.17941793 as amended. Dakota County Board Resolution No. 82- 48414 -_ GENERAL INFORMATION Dakota County must receive sufficient information to be able to determine that the qualifying criteria has have been met. Depending on the type of TIF district, Dakota County requires documentation related to: • TIF plan • qualifying inspections • analysis of net affordable housing impact within the TIF district or project area • average market value of comparable housing In the city or area • estimated financial impact on the county • map(s) of the proposed TIF district and protect area • traffic study, if appropriate As provided in state -taw Minn. Stat. fi 469.174.14 and the Dakota County Transportation Policy Plan, the Dakota County Board of Commissioners shall require the authority to pay all or a portion of the cost of related or required improvements to the county transportation system from increment revenues, if the following conditions occur: 1. The proposed plan would, in the judgment of the county, substantially increase the use of the county transportation system and require construction of road improvements or incur other transportation system costs; and 2. The transportation system improvements are not scheduled for construction within five years under the county capital improvements plan, and, in the opinion of the county, would not be expected to be needed within the reasonably foreseeable future were it not for the tax increment financing district. For projects that are included in the capital Improvements plan, the costs of road improvements or other road costs (e.g., traffic controls) which are in the determination of the County the result of a tax increment financing plan or an amendment to a TIF plan, will be subtracted from the County eligible project costs, with the balance of costs divided according to the cost sharing policy of the County Transportation Policy Plan. A County Board resolution is required for any significant deviation from this policy. Dakota County encourages municipalities to furnish TIF plans, or documentation related to the above, at least 45 days prior to the public hearing for the following purposes: 1. To coordinate the timeline of the road improvement cost estimates and the comments from the Dakota County Board. Dakota County reserves the right to identify costs after the public hearing if necessary. 2. To allow for a thorough analysis by all essential county departments and ensuring an appropriate recommendation to the county board prior to the public hearing. a. To assu e docui e tation is received timel D- ota Coun encoura•es munici.alities t• furnish TIF plans and documentation to the following county offices: i. County Commissioner representing the municipality ii. County Administration iii. Property Taxation & Records Department Director iv. Physical Development Division Director v. Executive Director of Dakota County Community Development Agency P18 Dakota County will indicate its support/non- support for municipal TIF districts via comments in a County Board resolution provided to the city, except when a County Board meeting is not held within the 30 -day response period. If the County Board cannot provide comments by resolution within the 30 -day response period, comments will be provided following Board action. The Dakota County Board must approve or disapprove all CDA TIF Districts. Dakota County encourages municipalities to 1) limit the duration of the district and supports the early decertification of all TIF districts and 2) require that TIF assistance provided in housing districts be repaid at the time the property is sold or transferred if the home appreciates in value. Dakota County will consider a municipality's history regarding compliance with Dakota County's TIF policy and state law in its deliberation. PROCEDURES The Dakota County Property Taxation & Records Department will develop and maintain procedures. P19 • 'DESIGN NINE �® we build networks that perform Broadband Study Status Report July 21, 2014 1. Best Management Practices • Draft completed 2. Compilations of the broadband visions, goals and achievements • Interviews conducted with most cities, analysis and continued follow up in July /August. 3. Documentation of bandwidth and capacity needs for government • Early draft in development. 4. Documentation of bandwidth and capacity for businesses, educational facilities and non -profit entities • Draft completed. 5. Proposed "closing of gaps" and additional facilities required to serve all city and county facilities in the county (I-Net 2) and estimated costs for the system. • Still analyzing and mapping GIS data and fiber routes. 6. Advantages and disadvantages of the various potential technologies should be explained including but not limited to Wi pi, WiMAX and fiber optics. A recommendation on the most appropriate technology / technologies should be in- cluded. • Draft analysis of technologies completed. 7. Analysis of capabilities 1. capacities of I-Net 2 available beyond its required governmental uses. • Further interviews with city /county IT still needed. 8. Identification of the measurable benefits of the improved governmental efficiencies of I :Net 2 and the metrics used to quantify the gains. • Not yet started. 9. Identification of the measurable benefits of the economic development impact of private usage of I -Net 2 • Not yet started. 10. (re- ferred to as the "C-Net 2") potentially including wholesalers and/or ISP /content providers andpestimated sstts(for those expansions. • Early cost estimates completed. 11. Analysis of economic development impact of the C -Net 2 concept in Dakota County. This should include the aspects of new business creation, strengthening and expanding of existing businesses, education, government, healthcare, and entertainment and other residential uses including telecommuting in Dakota County. • Not yet started. 12. Analysis of options for implementation and operational business models (nine models) • Legal analysis completed. First draft of business models completed. 13. Glossary of Terms • Underway 14. Tutorial on existing'Icehnologies • Underway design nine, inc. • 2000 kraitdrive,suite2180 • black sburg,va24060 • 540.951.4400 • infoadesignnine.com • www.designnine.com P20 Residential Building Permits - City of Farmington w+ h 4 N h N(0 O O(0 CO N O Fp N h h N N N ti; N N M NN N N >, 0 h N N h O1 10 0 0 at O N 000 O00- CO 0)00 V- CO h 10 CO 0 N 0- MN 4 h 0000 h 40 CO CD (0 0 N M d'a ,t hnMN M V.--h ID N O O N O 0 N co O o N d' 0007 N h t- a O) 04 r- MO M NM d' (0N CV r'- 0) CO 00 M N N 00 CO O O 4- O N N •f • 04 A- O 0 N N N C07 O` 4-NO (000 O co O N CO c. N.- 0- W 4 O CO CO N N O N N h N r M 4 (7 N N 't W O N N '4 O N oo O 'c} N(0 at 00 CD 4 00 M M CO O ION M CO I' N ONN 1[) M O N d0' V) C9 N CO N (OD MU- 41 N') N O O N 0)10 CV N CO N (M7 -'d C(0 V 10d a- 0) (0 h ON 0oMNa,t co to N 04 r N N 04 N VI O v M N N Z n nn C => C T EL 40'4.11 > U m fl tC 7 7 D d 0 G) O 10a tai : C -, -O Q Building Permit Comparison 0 0 0 CD N N CO 0) O •- N M d' 0 0 0 0 0 0 0 N N N N N N N II Jd 94 Ja 94 Ja O a0 O 90 ti O G' 0 CO 0 (001 0 Cr) 0 N 00 panssI Rutted jo aagwnN P21 Cumulative Permit Count MnYr M. tO N N UI CO N M CD 0.- ON N CMO 4MQ'�raD�COM M - CO,n CCVD N M00 CD CV CO CON ON (NO 4 CD CD O CD CV a 41 n CC 47 O r- at C O CO u) u) st M M N u) N Y N CD 4 N M N• r N 07 0) ( O 47y M •Y n0Yr n 0) CO n O CA co CD u) C5 0) ON O OOD 0D0 M CD O M n CD N P M r CV On) CO N CO n 04 CO N W CO Ch M 447 )NO W - N M C tts 3 .0 IL c a CO O r d' Li 0 a t: )O • N N � MCA N u) CD O N Yr NN n CO OD OCO 04 c0 111 y- # -MN N)- mnY. 00000CI03sr CV • OD n CO ✓ nN M 4411- 0)C0 n CO N rr M M (r '4 NM O O N M d' 41 CD n 00 0) O y- ('4(04 0 0 0 0 0 0 0 0 0 0 CD N N N CD N N N N N N N N N N N N P22 Dakota County Community Development Agency To: Dakota County Cities From: Lisa Henning Alfson Date: August 13, 2014 Re: Foreclosure Update Dakota County Stats — July 20I 4 • # of Sheriff Sales in July — 62 (compared to 107 in July 2013) . • Total Sheriff Sales for 2014 — 420 (compared to 640 Jan. July 2013) • # of Notices of Pendency Filed in July — 84 • # of Notices of Pendency Filed in 2014 — 659 A Notice of Pendency is filed by a mortgage company's attorney as official notification that the foreclosure process has begun. Not all of these result in Sheriff Sales. Mapping Using Dakota County GIS http://gis.co.dakota.mn.us/website/dakotanetgis/ The Dakota County Office of GIS is updating the 2014 Foreclosures and Notice of Pendency layers on a monthly basis. If you need assistance using this Web page, please call Randy Knippel or Mary Hagerman with the Office of GIS at (952) 891 -7081. If you have any concerns, please call me at (651) 675 -4467 or send me an email at hen n i n g(Zdakotacda.state. m n. u s. P23 NEP. " Dakota County A Community Development Agency CDA Foreclosure Summary for Dakota County Sheriff Sales City Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec 2014 2013 Apple Valley 7 8 6 4 13 3 8 49 147 Burnsville 8 14 9 8 8 6 10 63 143 Eagan 9 2 9 11 10 9 9 59 128 Farmington 7 3 5 4 5 5 7 36 70 Hastings 5 2 5 2 7 3 4 28 48 Inver Grove Heights 5 7 3 3 9 6 5 38 • 84 Lakeville 6 8 3 7 10 6 4 44 108 Mendota Heights 0 0 0 0 0 1 0 I 7 Rosemount 5 3 5 3 3 1 3 23 50 South St. Paul 8 3 2 3 4 8 5 33 78 West St. Paul 6 5 3 1 4 6 3 28 44 Small Cities 6 2 0 3 1 2 4 18 18 72 57 50 49 74 56 62 420 925 TOTAL 2013 142 73 84 86 90 58 107 69 60 51 45 60 925 TOTAL 2012 168 123 126 171 122 120 103 132 123 117 117 103 1,525 TOTAL 2011 150 166 197 191 170 193 146 132 173 112 191 164 1,985 SOURCE: Dakota County Sheriff Sales. City numbers are based on municipa ity address. For more Information about the CDA's homeowner or homebuyer services, visit www.dakotacda.org or call (651) 675 -4472. P24 t_ r ..� Dakota County Community Development Agency CDA Notice of Pendency Filings July 2014 City Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec 2014 2013 Apple Valley 14 6 16 15 13 9 5 78 Burnsville 18 16 13 14 16 17 17 111 4 22133 Eagan 21 I1 18 15 7 11 10 1 Farmington II 8 8 7 7 5 7 53 11 0 Hastings 11 5 8 9 7 5 8 53 3 96 8 Inver Grove Heights 5 10 14 8 5 5 5 5 11 Lakeville 9 15 II 9 9 7 13 73 20 Mendota Heights 1 0 2 0 0 3 1 7 7 0 Rosemount 4. 4 5 6 7 7 2 • 2 97 South St. Paul 6 5 . 7 13 5 6 7 49 65 West St. Paul 5 2 4 8 2 .5 5 31 2 6 2 Small Cities 2 5 4 2 3 4 4 24 24 TOTAL 107 87 110 106 81 84 84 659 1,496 NOTE: Notices of Pendency are filed by a mortgage company's attorney as official notification that the foreclosure process has begun. Not all of these result in sheriff sales. Numbers are based on Notice of Pendency filings with Dakota County Property Records. City numbers are based on municipality address. For more Information about the CDA's homeowner or homebuyer services, visit www.dakotacda,org or call (651) 675-4472. P25