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HomeMy WebLinkAbout07.23.07 EDA Packet 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. . AGENDA ECONOMIC DEVELOPMENT AUTHORITY July 23, 2007 - 6:00 p.m. City Council Chambers, City Hall Members 1, Call Meeting to Order - working meal/light supper Todd Arey (Chair) 2. Pledge of Allegiance Paul Hardt (Vice Chair) 3. Approve Agenda 4. Citizens Comments/Presentations Yvonne Flaherty Erik Starkman 5. Consent Agenda (6:00 - 6:30 pm) (see attached) a. Bills b. June 25, 2007 Minutes Chad Collignon Christy Jo Fogarty City Council 6. Public Hearings (None) . David McKnight City Council 7. Unfinished Business a. Follow-up from 6/25/07 EDA Meeting (see attached) b. McVicker Lot Update (see attached) Peter Herlofsky City Administrator 8. New Business (6:30 - 9:00 pm) a. Visioning Session h. Framework Document (attached as requested) City Staff Representatives Tina Hansmeier Economic Development Specialist 9. City Staff Reports Lisa Dargis Administrative Assistant 10. Adjourn 325 Oak Street Fannington, MN 55024 Phone: 651.463.7111 http://www.ci.farmin!rton.mn.us . K:\HRA-EDA\Board Agendas (2007)\072307 EDA Agenda.doc . . . MINUTES ECONOMIC DEVELOPMENT AUTHORITY REGULAR MEETING June 25, 2007 1. Call Meeting to Order The meeting was called to order by Chairperson Arey at 7 :00 p.m. Members Present: Arey, Hardt, McKnight, Flaherty, Fogarty Members Absent: Starkman, Collignon Also Present: Tina Hansmeier - Economic Development Specialist, Peter Herlofsky - City Administrator, Lisa Dargis - Administrative Assistant, Richard Fursman, Jim Norman 2, Pledge of Allegiance 3. Approve Agenda MOTION by Hardt, second by McKnight to approve the agenda. APIF, MOTION CARRIED. 4. Citizen's Comments None 5. Consent Agenda a.) Bills Member Fogarty asked for a breakdown of the bill from Eide Bailly, LLP. Staff will get clarification from Finance. b.) April 23, 2007 Minutes Member Flaherty noted that the Minutes will need to be changed to reflect that she was not present at the April 23, 2007 meeting. c.) April & May Budget Details MOTION by Hardt, second by Fogarty to approve the consent agenda with the noted change to the Minutes. . APIF, MOTION CARRIED. 6. Public Hearings None 7. Unfinisbed Business a.) Community Development Consultants Richard Fursman from Global Synergy Group and Jim Norman from Norman and Associates gave a presentation regarding their consulting contract with the City of Farmington. The presentation gave information regarding the scope of work, responsibilities and goals that the consultants would be focused on throughout their contract with the City. The consultants would like to begin a visioning process with the EDA to develop a vision and economic development plan. It was decided that the July 23rd, 2007 regular meeting will begin one hour earlier EDA Minutes June 25, 2007 Page 2 . and the regular business will be conducted from 6:00pm-6:30pm. The remainder of the meeting will be a focus session to begin the visioning process. The EDA Members also reviewed the milestones that were set from the ICMA Peer Team's report. b.) Comprehensive Plan Update City Planner Lee Smick gave the Members a presentation on the 2030 Comprehensive Plan Update process that has taken place to date. She reviewed the Land Use Staging Plan that has been created and discussed the work that will be taking place over the next year to complete the Update. c.) Development Contracts i. Exchange Bank Building Mr. Hosmer Brown, the owner of the Exchange Bank Building, met with City staff on June 14th to discuss the default of his development contract. Staff toured the building and received an update from Mr. Brown. The City Building Official inspected the building on June 18th and noted that there had been no progress since his last inspection. Staff then sent Mr. Brown a list of the renovation work that has not been completed so that he can provide revised completion dates for the project. Mr. Brown has been given a deadline of July 30, 2007 by which to submit the requested dates. . ii. McVicker Lot Staff will be meeting with Mr. Joe Heinen on June 2ih to discuss the default of his development contract. 8. New Business a.) Comprehensive Plan Visioning The EDA Members were given additional information to assist with the upcoming visioning process. An example of a downtown vision and development plan was provided, as well as information from the 2020 Comprehensive Plan as it pertained to economic development and the City's Downtown Area. b.) Market Study Update The Members were provided with a timeline that was developed for the Market Study. The timeline indicates the component tasks for the study and who will be completing them. The customer survey is currently underway and work is proceeding as scheduled. c.) Regan Site Plan Mr. Regan has submitted a site plan for the last EDA owned lot in the Industrial Park. Staff met with Mr. Regan and discussed any unresolved issues including . . . . EDA Minutes June 25, 2007 Page 3 the 210th Street right of way agreement. The Planning Commission should be reviewing the site plan at their July meeting. The development contract should be completed within the next month or so. d.) 2008 Budget Request The Members were supplied with a copy of the proposed 2008 budget that was submitted to the Finance Department. There were adjustments made to a few items to accommodate potential marketing activities for next year. e.) EDA Meeting Schedule The schedule of regular meetings for the remainder of the year was reviewed. Staffwill determine what date the December meeting was rescheduled to. f.) Temporary Easements - Elm Street MOTION by McKnight, second by Fogarty to approve the issuance oftemporary easements for the Elm Street Reconstruction Project. APIF, MOTION APPROVED. 9. City Staff ReportslDiscussion Staff distributed the tracking list of commercial and industrial contacts for the month. There was discussion regarding the development of a program to highlight local businesses in some way. The City of Lakeville does a monthly business spotlight. The Members were asked to consider the idea and provide any ideas they might have at the next meeting. 10. Adjourn MOTION by Hardt, second by Flaherty to adjourn at 8:56p.m. APIF, MOTION CARRIED. / L .._. -.-" \ ~saDari .. ~.~ Administrative Assistant . . . City of Farmington 325 Oak Street, Farmington, MN 55024 (651) 463.7111 Fax (651) 463-2591 www.ci.farmington.mn.us TO: EDA Members FROM: Tina Hansmeier, Economic Development Specialist SUBJECT: Follow-up from 6/25/07 EDA Meeting DATE: July 23, 2007 At the last EDA meeting there were a couple of items the Board wanted me to look into. . Member Fogarty asked for a breakdown ofthe$2,281.53 bill from Eide Bailly, LLP. The Finance Director, Robin Roland, has explained that this bill covers the EDA's portion of the audit bill. The EDA is responsible for 15.73% or $3,630 of the budgeted amount. The reason it may seem a bit steep is because the EDA is technically responsible for the TIF Districts which do get audited. Please see the attached allocation of audit costs. . The December EDA meeting has been rescheduled for Tuesday, December 18th. Please make a note of this on the meeting calendar that was included in the June EDA packet. CITY OF FARMINGTON . ALLOCATION OF AUDIT COSTS 2007 2007 2007 1/30/2007 4/18/2007 6/28/2007 (OVER)/UNDER FUND NAME BUDGET PERCENT BILLING BILLING BILLING BUDGET 1021 GENERAL 11,000.00 47.68% 2,622.45 6,913.74 1,463.81 2000 EDA 3,630.00 15.73% 865.41 2,281.53 483.06 2502 ARENA 1,400.00 6.07% 333.77 879.93 186.30 6110 LIQUOR 1,000.00 4.33% 238.40 628.52 133.07 6115 LIQUOR 1,000.00 4.33% 238.40 628.52 133.D7 6202 SEWER 1,700.00 7.37% 405.29 1,068.49 226.22 6302 SOLID WASTE 1,700.00 7.37% 405.29 1,068.49 226.22 6502 WATER 1,700.00 7.37% 405.29 1,068.49 226.22 23.070.00 100% 5,500.00 14,500.00 3,070.00 23,130.00 23,070.00 . . . . . City of Farmington 325 Oak Street, Farmington, MN 55024 (651) 463-7111 Fax (651) 463-2591 www.ci.farmington.mn.us TO: EDA Members FROM: Tina Hansmeier, Economic Development Specialist SUBJECf: McVicker Lot Update DATE: July 23, 2007 INTRODUcnON Please see attached email from Mr. Joe Heinen regarding his intended timeline for the development of the McVicker Lot. DISCUSSION Mr. Heinen has requested an extension to his current Contract for Private Development. Due to a variety of factors, Mr. Heinen would like to develop the McVicker lot during the 2008 construction season. In seeing the number of projects that are either under way or soon to be underway in the downtown area, staff believes that the request is valid and should be considered with the understanding that this will be the last extension considered. RECOMMENDATION Allow Mr. Heinen to submit construction plans to the City by the end of the year with an intention of starting the project as soon as road restrictions permit in 2008. Sincerely'~ t{Jc 1'1cfjHalIS) ) li!~ Tina Hansmeier, Economic Development Specialist cc: file Page 1 of 1 Tina Hansmeier From: Joe Heinen [heinen@ghjm.com] Sent: Wednesday, July 11,20072:51 PM To: Tina Hansmeier Subject: McVicker Tina, Per our conversation, I would envision finalizing the docs and submitting to the City by the end of the year with an intention of starting the project as soon as road restrictions permit in 2008. Please let me know if there is anything else you need from me. I appreciate your consideration and look forward to hearing back from you. I'm going to be in China beginning Monday so it would be very helpful to touch base before then if there is any issue. Thanks again, Joe Joe Heinen Goldner Hawn Johnson & Morrison Incorporated 3700 Wells Fargo Center 90 South Seventh Street Minneapolis, Minnesota 55402 Direct: 612/347-0171 General: 612/338-5912 Fax: 612/338-2860 heinen@ghim.com 7/13/2007 . . . . ,.- . . A FRAMEWORK FOR THE CREATION OF AN ECONOMIC DEVELOPMENT PLAN FOR THE CITY OF FARMINGTON Prepared By: Kevin Carroll, Community Development Director Tina Schwanz, Economic Development Specialist March 20, 2006 Revised April 4, 2006 Revised April 18, 2006 Revised April 24, 2006 TABLE OF CONTENTS . A. B. C. D. E. 1. 2. 3. 4. 5. 6. 7. 8. 9. F. G. H. I. In trodu ctio n ...... ...... ... ......... ............ ........ ....... .......... ...... ... ..... ......... ............. ....... [VisionlBasic Principles/Core ValueslMission Statement] Proc ed ural Issues .......... ............ ........... ............ ......... .......... ............ .................... Geogra p hie Iss u es ........................ ............ ........... ........................ ........................ No n-Geograp hie Issu es ................................................... .......................... ..... .... S ta tisti cal lor 0 rma tio n............... ....................... ........ ........... ........... ............. ... Eco nomic Development Au tb 0 rity ................................................................ P artn ers hips...... ........ ... ............. ......... ........... .......... ......................................... B usin ess Retention and Expansion......................... ...................... ................. MarketinglPro motio nlBusiness Attractio n .................................................. Economic Incentives and Related Tools ....................................................... W 0 rkf 0 ree Housing.............. ...... ..... ............................. ........... ... .......... ........... Trans po rta ti 0 n .... ............ ......... ............... ........ ........................ ........... ............. Tee hn 0 logy..... ....................... ........... ........... ............................................. ........ C h aile n g es ........... ............ ............ ........... ........ ...... ......... ...................... ............... o p po rtuniti es... ......... ........... ... ............ ....... ....................... ............ ........... .......... Go als an d Po Ii ci es ........... ........... ..................... ... .............................. ............ ...... . Action Plans............. ............ ...... ................. .............. .............. ............. ........ . . . .. IPa2e numbers will be listed on later versions of this draftl i. 2 . A. Introduction The need for a single document that effectively encapsulates the City's objectives regarding economic development has been the subject of numerous recent discussions involving (at various times) City staff, elected officials, appointed officials (including members of the former Housing and Redevelopment Authority and the current Economic Development Authority), representatives of the local business community, interested residents, and others. It is the hope of the EDA and City staff that this "Framework for the Development of an Economic Development Plan for the City of Farmington" will help identify and clarify issues to be discussed at upcoming meetings regarding this topic, and provide a useful blueprint for the construction of a comprehensive Economic Development Plan. B. [Vision/Basic Principles/Core Values/Mission Statement] . (Select appropriate caption for this Section and insert relevant information after the completion of the planned "Economic Development Summit."] C. Procedural Issues At the first official meeting of the City's new Economic Development Authority [EDA] on February 27,2006, City staff presented a proposed format and timetable for the finalization of a comprehensive Economic Development Plan [EDP] for the City. The staff proposal was based on the preliminary research and analysis that had been conducted by City staff during the preceding months. The members of the EDA offered a number of useful comments on the staff proposal at the February 27 EDA meeting, Some of the comments in question were related to the perceived need for additional direction from the City Council, and/or for the development of a better understanding of the Council's goals, objections and overall vision for economic development. . 3 At a subsequent City Council "Goal Setting Session" that spanned two days . (March 9 and 10,2006), the City Council discussed the EDA's comments and recommendations at length, and ultimately decided to organize and conduct an "Economic Development Summit" in late April or early May of 2006 to help refine the Council's desires and expectations regarding economic development in general and the EDP in particular. The City Council agenda for the meeting on March 20, 2006 included a draft of a Request for Proposals regarding the selection of a consultant to help plan the Summit and facilitate the discussion that will take place at that time. At its meeting on April 3, 2006, the City Council extended the submission deadline (for proposals from prospective facilitators). from March 29, 2006 to April 26, 2006, with the expectation that the Council will select a facilitator at its meeting on May 1, 2006. Inasmuch as the topics to be addressed at the Summit may include a timetable for the finalization of the EDP and/or the possibility of forming an Economic Development Task Force to assist with that task, copies of the original staff proposals regarding those subjects have been attached hereto for reference. D. Geographic Issues . At the January 9, 2006 HRA meeting, it was suggested that the Economic Development Plan referred to above should include both geographic and non- geographic components. Non-geographic components, which are generally not "site specific," are addressed in Section E, below. Geographic components would be site-specific. City staff members believe that one of the keys to effective long-term economic development planning is making certain that the City has an adequate (or perhaps even more than adequate) inventory of land that is available for commercial and industrial development - that is, parcels that have appropriate Comprehensive Plan designations, and that are appropriately zoned, and that can be provided with City services in a cost-effective manner that is not incompatible with contemporaneous or future residential development. Attached to this document you will find examples of the types of geographic information and documents that City staff members have proposed to include in the Economic Development Plan. They include the following: :. 4 . a. Two regional maps that identify a number of specific geographic "study areas" within Farmington where commercial or industrial operation currently exist and/or where future commercial/industrial development may be appropriate. b. A more detailed map of each individual study area, which includes details such as parcel boundaries, the names of current owners, street names, current zoning classifications, jurisdictional borders, footprints of existing buildings, and the gross acreage of rural or large lots. c. An aerial photo of each study area, on which lot lines have been superimposed and major streets have been identified. d. An Excel spreadsheet that lists relevant factual information about every parcel located within every study area, including names of owners, property identification [PID] numbers, gross and net developable acreage of undeveloped parcels, the square footage of existing commercial and industrial properties, and the current market value of all existing (developed) commercial and industrial properties. . It should be re-emphasized that the attached items are only examples. They are offered primarily to help the City Council (and others) assess the usefulness or necessity of the information in question. A conscious decision was made to not finalize the staff analysis of all 15 of the identified "study areas" unless or until it is clear that the level of detail reflected in the initial examples is actually desired by the City Council. . City staff members believe that this type of data is essential to establishing baseline data that will enable the City Council to accurately monitor its progress with regard to specific economic development goals. The maps, photos and data in question can also potentially serve as extremely useful educational or marketing tools for companies that are considering Farmington as a possible new business location. Finally, the information in question would essentially provide the City with a "jump start" on the analysis of certain land use issues that the City will need to eventually resolve in connection with the Met Council-mandated update of the City's Comprehensive Plan (which must be completed by September of 2008). 5 Any analysis of specific geographic regions of the City should devote special attention to the challenges and opportunities presented by Farmington's historic downtown area, which is a critically important component of the City's valued "hometown" or "small town" atmosphere. Special steps may need to be taken to ensure its continued viability as a commercial core in the face of increased competition from new "green field" retail development. In summary, one of the goals of the Economic Development Summit referred to above should be determining whether the final version of the Economic Development Plan should include maps, photos and spreadsheets comparable to the examples that have been prepared by City staff. E. Non-Geographic Issues 1. Statistical Information Current and accurate factual information about the City of Farmington is frequently needed and requested by a wide variety of parties. Such parties include City Council members, members of the City's appointed advisory bodies, City staff, residents, owners and employees of existing Farmington businesses, corporations and businesses that are considering Farmington as a potential location, other governmental entities, the media, and current or prospective City "partners" including (but not limited to) the Chamber of Commerce, Dakota Futures, and local civic, fraternal, charitable and non-profit organizations. The factual and statistical information in question is, for the most part, readily available from a variety of sources. Currently, such information is obtained and provided on an "as needed" or "as requested" basis. However, consolidating all of this information in the City's Economic Development Plan, and periodically updating it so that it constantly remains current and accurate, will make the Plan a much more useful economic development tool. For example, corporate decisions about when and where to locate or relocate a business are sometimes made very quickly, and a community that can rapidly provide necessary statistical data in a comprehensive yet understandable format will have a significant competitive advantage over those communities that cannot. 6 . . I. . Accordingly, the Economic Development Plan should ideally include the following type(s) of information: a. Population (1) Past: The EDP should indicate the total population as determined by the U.S. Census Bureau for 1950, 1960, 1970, 1980, 1990 and 2000. (bttp://www.census.gov/) (2) Current: The EDP should include City staffs latest quarterly population estimate, based upon building permits and certificates of occupancy. Population estimates prepared by other entities should be provided for comparison and contrast. Examples include: . State of Minnesota - Department of Administration - Office of Geographic and Demographic Analysis -State Demographic Center (http://www.demography.state.mn.us/index.html ) Metropolitan Council - "Resources, Reports and Data" (http://metrocouncil.org/resources/resources.htm) (3) Future: The EDP should include population forecasts or projections by City staff for specific years (e.g., 2010, 2020 and 2030). Population forecasts or projections made by other entities (State of Minnesota, Metropolitan Council, Dakota County, etc.) should be provided for comparison and contrast. . See attached Appendix A for additional and/or more current information. 7 b. Major Employers . The EDP should identify the City's major employers, the nature of the products or services provided by each employer, and a current employee count for each employer. The format should parallel that of the Community Profile that appears in the City's current listing on the State of Minnesota's "MNPRO" site (http://www.mnpro.com/home.aso?TargetFile=detailc.asp%3FP K City%3D258): Major Employers Employer NAICS Products/Services Employee Count Farmington Public Schools-ISD #192 6111 Elementary & Secondary Schools 540 Federal Aviation Administration 9261 Admin.ofEconomic Programs 450 Dakota Electric Assn 2211 Electric Power Generation, 220 Transmission & Dist. Kemps 3115 Dairy Product Manufacturing 139 Valmont Lexington 3329 Other Fabricated Metal Product 126 Manufacturing Farmington. City of 9211 Executive, Legislative, & Other 88 Gen. Govt. Support Controlled Air 2389 Other Specialty Trade Contractors 67 . Duo Products Inc 3252 Resin, Synth. Rubber & Art. Synth. 65 Fibers & Fil. Mfg. Marschall Line Inc 4854 School & Employee Bus 60 Transportation Peerless Plastics 3252 Resin, Synth. Rubber & Art. Synth. 45 Fibers & Fil. Mfg. PIC Jnc 2389 Other Specialty Trade Contractors 37 Northern Natural Gas Co 2212 Natural Gas Distribution 16 View All Emplovers Listed See attached Appendix B for additional and/or more current information. c. Employment Data The City does not currently have a mechanism in place for independently gathering or calculating detailed employment data, such as the number or percentage of workers within specified industries, businesses or occupational categories. The EDP should therefore provide relevant and useful employment statistics gleaned from sources including the U.S. Census Bureau, the State of Minnesota, the Metropolitan Council, and Dakota (. County. 8 . . . See attached Appendix C for additional and/or more current information. d. Household Income The City also does not have a mechanism in place for independently gathering or calculating household income information, such as the number or proportion of households that have incomes within specified strata (e.g., the percentage of Farmington households that have incomes between $50,000 and $75,000). The EDP should therefore provide relevant and useful household income data derived from sources including the U.S. Census Bureau, the State of Minnesota, the Metropolitan Council, and Dakota County. See attached Appendix D for additional and/or more current information. e. Education The EDP should list and describe relevant information about local and regional educational systems, including: (l)the type and number of public schools located within the City; (2) the high school graduation rate; (3) the percentage of high school students who pursue post- secondary education; (4) other local/regional educational resources, including: ISD 192 Community Education http://www.farmington.kI2.mn.us/communityedl) University of Minnesota Extension Service (http://www . extension. umn.edulindex.html) 9 Dakota County Technical College (Rosemount) (http://www.dctc.mnscu.eduJindex.htm) . See attached Appendix E and the "Partnerships" section of this Economic Development Plan for additional and/or more current information. f. Housing The EDP should include relevant and current information about housing options and costs in Farmington. Such information should include: (1) Current number of households (2) Number and relative proportion(s) of single-family [SF] housing units and multi-family [MF] housing units (3) Summary of recent-residential construction activity . (number of SF and MF units constructed in each of the last five years, at a minimum) (4) Estimates or projections regarding future residential construction activity (i.e., a review of pending or anticipated concept plans or plats) ( 5) Average market values of SF and MF housing units and average monthly rent for rental properties. Sources for this information will presumably include City staff, Dakota County, the Metropolitan Council, the State of Minnesota and private organizations including: Builders Association of the Twin Cities (http://www . batconline.orglbatc/index. po) Southern Twin Cities Association of Realtors (http://www.stcar.com!) '. 10 . . . See attached Appendix F for additional and/or more current information. g. Transportation and Transit Some of the businesses that are considering Farmington as a potential location will be interested in the amount of "drive-by" traffic, exposure to major thoroughfares and ease of access for customers and suppliers. The EDP should therefore include the most current information available regarding traffic counts on roadways such as Highway 3, CSAH 50 and Pilot Knob Road. Information about recently completed, current, and planned roadway improvement or expansion projects should also be provided (e.g., Ash Street project, Spruce Street extension and bridge project, Elm Street reconstruction, etc.) The current and future availability of transit will also be a topic of interest. The EDP should provide information about: (I) the potential expansion of MVT A bus service -- see http://www.mvta.com/; (2) the possible impact of the Met Council's proposed Cedar Avenue Busway -- see http://www .metrocounci1.org/about/facts/CedarA veBu swayFacts.pdf; (3) the City's desire and intention to consider potential transit station locations in connection with the early conceptual planning of future commercial areas located near major (current and future) transportation corridors. (4) possible future uses of the existing railroad line through Farmington (continuation or expansion of shipping/freight uses, potential improvements such as new sidings, rail access to future industrial areas, etc.) (5) possible extension or construction of commuter "light rail" in or near Farmington. 11 See attached Appendix G for additional and/or more current information. . h. Parks and Recreation A city's "quality of life" is important to residents and businesses alike. For many, the best measure of a city's attractiveness in this regard is the attention that it pays to recreational activities and facilities. The EDP should therefore include basic factual information of the following type: (I) number of existing City parks; (2) total acreage of existing City parks; (3) projected number and total acreage of City parks at "full build-out," per Park & Trail Master Plan (4) number of miles of existing City trails and planned . trails (5) major existing City recreational facilities (pool, ice arena, fields, etc.) (6) status report on possibility of future Community Center; (7) general information about City recreational activities (athletics, senior programs, etc.) (8) regional parks and recreational areas (Dakota County, Met Council, etc.) See attached Appendix I for additional and/or more current information. i. City Services I. 12 . The nature and extent of municipal services vary from city to city. For example, Farmington is one of only a few Minnesota cities that provide municipal garbage service. The EDP should therefore include a summary of the structure and functions of city government in Farmington. At a minimum, the City's departments and divisions should be listed and briefly described, along with the City's various elected and appointed bodies. See attached Appendix I for additional and/or more current information. j. Taxes . Residents and businesses sometimes inquire about how or where Farmington ranks (in Dakota County, in the metro area, or in the State of Minnesota) with regard to local taxes. Although such rankings arguably provide an overly simplistic assessment of a city's overall "economic health," it may nevertheless be useful to include such information (or a source for such information) in the EDP. An example of this variety of "ranking data" can be found at http://www.osa.state.mn.us/Search/CitySearch.aspx . See attached Appendix J for additional and/or more current information. k. Public Safety [Insert relevant information regarding the Farmington Police Department, the Farmington Fire Department, ALF Ambulance, and crime statistics.] See attached Appendix K for additional and/or more current information. 2. Economic Development Authority 2.1 The EDA 's Powers and Tools . 13 The Economic Development Plan should specifically identify and . describe the EDA's statutory powers and the tools that are available to the EDA to promote and facilitate desirable development, including (but not limited to) the following: a. The creation and/or administration ofTIF districts, including policy-level recommendations related thereto. b. The use of tax abatement in appropriate circumstances. c. The acquisition, leasing and sale of land or facilities (e.g., original purchase and subsequent sale of Industrial Park land, leasing of former downtown municipal liquor store, etc.). d. The negotiation and finalization of contracts and agreements related to economic development (e.g., Contract for Private Development between the [former] HRA and Aerospace Fabrication and Materials). e. The potential availability of an EDA levy to help fund the EDA's operational costs; for more information, see http://www.revisor.1eg.state.mn.us/stats/469/ 1 07 .html . . f. The use of the EDA's ability to issue bonds to help finance suitable development projects. 2.2 The EDA's Relationship to the City Council (and Others) As the appointed advisory body that has the closest connection to the City Council (due, in part, to the presence of two City Council members on the EDA), and in light of the statutory powers held by the EDA, the EDA would seem to be the logical choice for conducting research, making recommendations to the City Council regarding long-term objectives and short-term strategies and tactics, and monitoring the City's progress toward the completion of any action steps specified in the Economic Development Plan. In short, the EDA can and should serve as the City Council's operational agent with regard to economic development matters, and as the City's chief economic development . agency. The EDA will also have to coordinate its work with that of the . 14 . Planning Commission, to ensure that economic development initiatives are consistent with the City's Comprehensive Plan and zoning regulations. 2.3 The EDA 's Responsibilities Regarding the Economic Development Plan The EDA shall, under the direction of the City Council, be responsible for organizing and coordinating whatever work may be required to create an initial draft of an Economic Development Plan that can be reviewed and discussed by an appointed Task Force, residents and business owners, the Planning Commission and other appointed City committees, the City Council itself, and other interested parties. The EDA will then use the aforementioned public input to prepare a final draft of an Economic Development Plan for the City Council's consideration. After the finalization of the Plan by the City Council, the EDA shall have primary (but not exclusive) responsibility for ensuring that the Economic Development Plan is successfully implemented. . 3. Partnerships Assessment: The City cannot "go it alone" if it wants to optimize the success of its economic development efforts. Effective and mutually beneficial partnerships between the private and public sectors, and between governmental entities, will help ensure the best possible outcomes for all concerned. Obiectives: . There will be a need for ongoing public input regarding economic development matters. Such input could be provided by City-appointed task forces, the Economic Growth Committee proposed by the Farmington Business Council, individual residents and business owners, the "development community" in general, and others. The City should take steps to ensure that it receives input from the broadest possible range of interested and affected parties. The Economic Development Plan 15 should describe existing partnerships, and identify potential future partners and collaboration opportunities. e Tools and Options: Examples of existing existing partnerships, and potential future partners and collaboration opportunities, include the following: 1. Dakota County Community Development Agency [CDA] http://www.dakotacda.org/citiesandtownships.htm [Briefly explain what this organization does and how the City and EDA works, or could/should work, with the organization. ] 2. Dakota Future http://dakotafuture.avenet.net/index.asp?Type=NONE&SE C={A92 1 6704-0BE4-498D-AA4E-CDEAB IF9F7Dl} [Briefly explain what this organization does and how the City and EDA works, or could/should work, with the organization. ] e 3. Farmington Business Council of the Northern Dakota County Chambers of Commerce http://www.ndcchambers.com/farmington steering commi ttee.cfm [Briefly explain what this organization does and how the City and EDA works, or could/should work, with the organization. ] 4. IndependentSchoolD~trict192 http://www.farmington.k12.mn.us/ [Briefly explain what this organization does and how the City and EDA works, or could/should work, with the organization.] Ie 16 . 5. Dakota County Technical College http://www.dctc.mnscu.edulindex.htm [Briefly explain what this organization does and how the City and EDA works, or could/should work, with the organization. ] 6. Economic Development Association of Minnesota http://www.edam.org! [Briefly explain what this organization does and how the City and EDA works, or could/should work, with the organization. ] 7. Dakota-Scott Workforce Investment Board http://www.mnwfc.org/dakotalwib/ [Briefly explain what this organization does and how the City and EDA works, or could/should work, with the . organization. ] 8. Metropolitan Interfaith Coalition for Affordable Housing http:www.micah.org [Briefly explain what this organization does and how the City and EDA works, or could/should work, with the organization. ] 9. Minnesota Department of Employment and Economic Development (DEED) http://www.deed.state.mn.us/ [Briefly explain what this organization does and how the City and EDA works, or could/should work, with the organization. ] . The EDP should also address potential partnerships with institutions of higher education. There may be a Minnesota college or university that would consider opening a new campus in Farmington, in part because Dakota County may currently be "under-represented" with regard to 17 four-year higher education facilities. The presence of a college campus . in Farmington could raise the City's public profile, assist with the City's marketing efforts, and help provide trained employees for the City's current and future businesses. Action Plan: 4. Business Retention and Expansion Assessment: As the City continues to devote increasing attention to attracting new businesses, it is important that existing local businesses not be forgotten. Many of them will have special issues that need to be addressed, such as functionally obsolete buildings or equipment, physical limitations on expansion, increased competition, ownership/management transitions, financing challenges, etc. Some businesses will ask for assistance or advice in such circumstances, and some will not. Businesses that don't . seek help sometimes decide to close or move when that outcome might have been avoided if the City had been made aware of their difficulties. Obiectives: The Economic Development Plan should identify and list strategies that could be used to help retain existing businesses and assist them with desired or required expansions. One example of such a strategy would involve the initiation (by the City) of a "visitation schedule" whereby all local businesses are contacted by a City staff member and/or by other interested parties (e.g., Chamber of Commerce representatives) at defined intervals. The goal is, of course, would be to pro actively identify and resolve issues and concerns before a crisis arose that might cause the business to close or to move to another city. Inasmuch as this type of "outreach" program is especially labor-intensive, and becomes increasingly time-consuming as the local business economy continues to grow, the Economic Development Plan should realistically address the amount of staff time that can and should be devoted to these types of contacts and investigations. I. 18 . Tools and Options: The City staff members who serve as the primary resources or "points of contact" with regard to retention/expansion issues will typically be the Economic Development Specialist, the Community Development Director (who also serves as the Executive Director of the EDA) and the City Administrator. Other City staff members who may be called upon to provide specific types of advice include the City Engineer, the Finance Director, the City Planner and the Building Official. See also, "Grow Minnesota," at: http://www.ndcchambers.com/grow minnesota.cfm Action Plan: 5. Marketing/Promotion/Business Attraction Assessment: . The Economic Development Plan should address the extent to which the City desires or intends to actively market or promote itself as a good location for new business "start-ups," relocations, renovations and expansions. The amount of money and staff time that the City decides to devote to such promotional activity will presumably be based upon a careful cost/benefit analysis. Obiectives: To the extent possible, the City should try to avoid expending significant tax dollars or large amounts of staff time to get promotional materials prepared and delivered to businesses that are ( a) already considering Farmington as a potential location or (b) unlikely to consider Farmington as a potential business site in the reasonably foreseeable future. A more personalized or "targeted" approach would presumably be more efficient, more cost-effective and more successful than bulk mailings and cold calling. . 19 The City's marketing and promotional materials should also be provided . to the City's existing businesses. They need to be aware of the factual data contained therein (population estimates, commercial and industrial building permit activity, etc.). Timely, accurate and favorable information about the City's business climate may assist the City in retaining current businesses, and could make them more inclined to expand their operations locally and thereby reinvest in the community. Guidance from residents and from elected officials regarding priorities for business attraction would also be very helpful, and would be consistent with the "targeted" approach suggested above. The City plans to conduct a professional survey of its residents in the near future. Ideally, some questions regarding economic development could be included in the survey. In addition, it is anticipated that the analysis of "Geographic Issues" (Section D of the Economic Development Plan) will include opportunities for public input regarding the most desirable businesses for specific areas or regions (e.g., historic downtown, Highway 3 corridor, Industrial Park, etc.). Tools and Options: . If or when the City begins to consider devoting more of its financial and human resources to marketing and promotional activities, the following elements could be considered: a. The use of a marketing, advertising or public relations consultant to identify options, estimate costs and make recommendations._AtteIition should be devoted to (among other things) identifying or describing Farmington's current and/or potential future "niche" in the regional commercial/industrial business environment. b. The creation of a full-time City staff position specializing in media relations and publicity, such as the City of Rosemount's "Communications Coordinator" or ISD 192's "Communication Specialist." c. The utilization of one or more of the following marketing or promotional tools: . 20 . (1) a video or DVD (2) full-color brochures (3) press releases or media advisories (4) readily available "fact sheets" (5) Powerpoint presentations (6) portable display boards (7) ads in print media (magazines, etc.) (8) ads on cable TV stations (9) City web site (10) City newsletter (11) regular column in local newspaper( s) (12) direct mail solicitations Action Plan: 6. Economic Incentives and Related Tools . Assessment: Businesses compete with one another, and cities compete to get them (and/or keep them). Such competitions are sometimes (but not always) won by the city that can offer the most attractive "package" to a prospective new business, or to an existing local business that is considering a relocation. Obiectives: For most cities, the dilemma lies in trying to balance (a) potentially costly financial incentives and (b) the constant pressure to keep city expenditures (and taxes) as low as possible. To assist with that challenging task, the Economic Development Plan should include a summary and description of the most common types of economic development tools and incentives that are potentially available to assist businesses. To the extent possible, the Plan should indicate which tools the City of Farmington is prepared to consider using, and the circumstances under which doing so would be considered appropriate. . 21 Tools and Options: . Examples of the types of tools that the EDP could identify and describe include the following: a. Tax Increment Financing [TIF] (http://www.house.1eg.state.mn.us/hrd/issinfo/sstif.htm) b. Property Tax Abatement (http://www.house.1eg.state.mn.us/hrd/issinfo/ssptabt.htm) c. Industrial Revenue Bonds d. Zoning Bonuses, Variances and Exemptions e. Land Acquisition (by HRA or EDA, for example) f. HUD Grants and Loans . g. Community Development Block Grants [CDBG] Dakota County Community Development Agency [CDA] (http://www.dakotacda.org/cities and townships.htm#comm) h. Metropolitan Council Loans and Grants Livable Communities Demonstration Account [LCDA] http://www.metrocounci1.orglservices/livcomm.htm Tax Base Revitalization Account [TBRA] http://www.metrocounci1.orglservices/livcomm.htm 1. U.S. Small Business Administration (http://www.sba.govD J. Minnesota Department of Employment and Economic . Development [DEED] 22 . (http://www.deed.state.mn.us/Community/assistance/financial) Minnesota Investment Fund (http://www.deed.state.mn.uslbizdev/lnv F d1) Small Business Development Loan Fund (http://www.deed.state.mn.uslbizdev /SBDLnI) k. Pollution Clean-Up Programs Minnesota Pollution Control Agency [MPCA] (http://www.pca.state.mn.us/cleanup/index.html ) 1. Programs Offered by Utility Companies Xcel Energy, Dakota Electric, Aquila, etc. Action Plan: . 7 . Workforce Housing Assessment: Housing is a critical component of effective economic development. The price, type and location of a community's housing should match the existing and desired workforce to the greatest extent possible in order to provide an adequate supply of local workers for business and industry. This is becoming more and more challenging, especially with respect to low to moderate-income level service and retail sector jobs, given ever- escalating land values and construction costs. Various regional and state agencies periodically analyze workforce housing issues. See, for example, the analysis by the Dakota County CDA that can be found www.dakotacda.org/pdf/WorkHsgReport.pdf. Obiectives: . 23 The Economic Development Plan should include information about the . current status of workforce housing in Farmington and the steps that the City has taken (and will take) to help ensure that affordable housing is available for the workers who will be needed for and by the businesses and industries that the City desires and intends to attract. Tools and Options: A potential resource for the City in this regard is the Metropolitan Interfaith Coalition for Affordable Housing (see www.micah.org). Action Plan: 8. Transportation Assessment: Efficient transportation is an important component of successful . economic development. Customers, employees and suppliers need to be able to get to their business destinations as quickly and as easily as possible. Obiectives: The Economic Development Plan should address existing transportations systems and any necessary or desired improvements. Specific information should be provided regarding the plans (state, county and city) for and projected timing of projects or improvements related to the following roadways, at a minimum: a. Trunk Highway 3 corridor through Farmington, including information on access management studies that could result in the closing of existing intersections, the opening of new accesses or the signalization of certain intersections. b. Elm Street reconstruction project. \. 24 . 1. J. . k. 1. . c. Extension of Pilot Knob Road from CSAH 50 to 220th Street. d. Extension of Spruce Street from Denmark Avenue to the extension of Pilot Knob Road (see "c" above). e. Paving/improvement of 220th Street between Denmark Avenue and the extension of Pilot Knob Road. f. 208th Street between the Industrial Park and Pilot Knob Road. g. 208th Street between the Industrial Park and Akin Road. h. 208th Street between the Farmington Middle Schools and Trunk Highway 3. 208th Street between Pilot Knob Road and Flagstaff Avenue. 208th Street between Flagstaff Avenue and Cedar Avenue in Lakeville. 195th Street between Mystic Meadows and Trunk Highway 3. Diamond Path Road between Mystic Meadows (Phase I) and Akin Road. m. 195th Street between Flagstaff Avenue and Cedar Avenue. n. Potential improvements to Flagstaff Avenue. The transportation portion of the EDP should also address: the likelihood and potential timing of an extension of the Minnesota Valley Transit Authority's [MVTA's] service in to Farmington; the possible beneficial impact of the planned Met Council Cedar Avenue Busway; the need to set aside land for at least one future transit station in Farmington; the current and potential future shipping/freight uses of the existing railroad line that passes through Farmington; and the possible expansion or construction of commuter "light rail" in or near Farmington. 25 Tools and Options: . Action Plan: 9. Technology Assessment: The Economic Development Plan should address any technology issues that could potentially provide the City of Farmington with a competitive advantage in its economic development efforts. The topic that has justifiably received the greatest amount of attention lately is the concept of providing "fiber to the home" [FTTH], or in this context, fiber to businesses and industries ["FTTP," or "fiber to the premises"]. It has been said that "there may be no single thing more important in a community's efforts to achieve economic well-being than to grasp the role that telecommunications plays in creating meaningful jobs and enhanced education." The capability of providing ultra-high speed, "next .. generation" broadband connectivity is becoming a hallmark of a progressive or even visionary community. . Ob;ectives: The EDP should identify steps that can and should be followed to explore an expansion of the City's broadband capabilities. Communities that have already ventured down this path have typically utilized a process that includes the following steps: a. Assess local demand and existing services. b. Determine market and service objectives. c. Discuss service and infrastructure needs with local and potential providers. d. Reconcile existing demand and availability with what the City wants to achieve. . 26 . Tools and Options: For more information, go to http://www.fiberfirstminnesota.org/ . Action Plan: F. Challenges An open, candid and wide-ranging discussion of economic development issues will inevitably lead to some subjects that are more controversial than others. Everyone should be prepared to face such issues head-on and, whenever possible, work toward consensus positions that balance competing interests. Examples of some of the more challenging topics that are likely to be encountered include the following: . . a. Nature and level of City involvement in private development. Should the private sector and the real estate market dictate or drive the development that occurs (or does not occur), or is it appropriate for the City to take a more active role? b. Zoning changes and Comprehensive Plan amendments. If the City wants to effectively guide certain types of development toward (or away from) specific areas, that goal can be accomplished by frequently reviewing the City's Zoning Map and Comprehensive Plan and making appropriate modifications from time to time. However, such actions frequently affect (or are at least believed to affect) the rights and options of property owners. c. Termination of Agricultural Preserve status. The City has the statutory right to initiate the termination of Ag Preserve status for undeveloped farmland. Even after doing so, the property in question could not be developed or assessed for nearby infrastructure improvements for a num.ber of years. There is an inherent tension between (a) the Comprehensive Plan's commitment to preserving working farms, and (b) the limitations placed upon commercial and industrial expansion by the presence of large tracts of land that cannot be developed within the 27 foreseeable future and that cannot be assessed to help finance the . infrastructure improvements that are needed to "open up" nearby properties for commercial development. d. "Jnfill" and redevelopment projects in the historic downtown area. Existing businesses maybe concerned about adverse impacts upon their operations (increased competition, construction activity, temporary reductions in accessibility due to traffic complications, etc.). Existing residents who live adjacent to or near the downtown core area may be concerned about commercial "intrusions" into established residential neighborhoods. e. Construction of relatively high density residential developments near relatively low density neighborhoods. This is an aspect of the workforce housing issue discussed above. f. Use or non-use of the City's and/or the EDA's power of eminent domain. The City Council and City staffhave a strong and clear preference for negotiated, mutually acceptable agreements when the acquisition of property is desired or required, but the City Council members may have to make decisions about the circumstances under which they will or will not use the full range of options that are available to the City. . G. Opportunities The aforementioned challenges are balanced by an equally wide range of interesting and positive opportunities, both within the City and in the region. They include, but are not limited to, the following: a. Pace and Direction of Growth. The population base that is located to the north and northwest of Farmington (e.g., Apple Valley, Burnsville, etc.) is steadily moving to the south and southeast as available undeveloped land is consumed. In more fully developed communities, the demand for land is high but the supply is low. The resulting impact on land costs is causing businesses and developers to devote an increasing amount of attention to communities like Farmington, where the demand is not yet as high, . 28 . the supply of land is more plentiful, and land values are still relatively affordable. b. Level of Interest in "Fiber to the Premises." There seems to be a high level of local political support for this potentially beneficial type of technology initiative. See Section "D(9)" above. c. Rosemount Air Cargo Facility. Farmington's neighbor to the north, Rosemount, could potentially have a 500 to 1000-acre air cargo facility in a few years. Consideration should be given to how Farmington could capitalize on its proximity to this facility. Foreign trade options, local packaging and shipping operations, and other possibilities may exist then that do not exist now. For more information, see: . "Rosemount selected to host air cargo facility." Thisweek, February 17, 2006. bttp://www.tbisweek- online.com/2006/Februarv/17rmaircanw.html "Rosemount eyes future after landing air cargo hub designation." Minnesota Real Estate Journal, March I, 2006. bttp://www.mrei.com/storv.cfm?Market=MN&StorvID=13983 H. Goals, Policies and Desired Outcomes One of the objectives of the upcoming Economic Development Summit should be to establish or specify the goals and related City policies upon which the details of the Economic Development Plan will be based. Goals should be broad and somewhat general in nature. The research conducted by City staff to date suggests that the economic development plans (or similar documents) that have been adopted by other cities have typically included goals such as these: a. Diversify the tax base. b. Create a broad range of employment opportunities. . c. Provide necessary goods and services for local residents. 29 d. Ensure the highest "quality of life" possible. e. Promote a positive image of the city in general, and its business environment in particular. I. Action Plans Having a set of adopted goals is of little value unless the steps needed to accomplish those goals are identified, initiated and successfully pursued. City staff members are prepared to promptly craft proposed Work Plans or Action Plans as soon as the City Council and EDA members have had an opportunity to discuss and agree upon a collective vision for Farmington's future economic development. We recommend that an interim work program be adopted for the remainder of 2006, and that a new (proposed) work plan for 2007 be presented to the EDA and the City Council sometime during the period when the City Council is considering and discussing its budget for 2007. Many of the economic development initiatives that the City Council may want to pursue will be dependent upon the personnel and budgetary resources that are available in any gIven year. [Include in this section a summary of the individual action plans from the preceding sections of the Economic Development Plan.] 30 . . :. . [Attach following Appendices:] Appendix A - Population Statistics Appendix B - Major Employers Appendix C - Employment Statistics Appendix D - Household Income Data Appendix E - Education Information Appendix F - Housing Statistics . Appendix G - Transportation and Transit Information Appendix H - Parks & Recreation Information Appendix I - City Services Appendix J - Taxes Appendix K - Public Safety . 31 ~J r lUl ~ L- - o ~ ~ - ~:p~ ~~ ~2: ~,1&&. ~m ~ ~ iI ~ ~ ~~i ~ ~~ ~~ ~ ~.I ~, ~ .._n_n_n I 'irn~ 2:{;J ...._.._..._.._..._...._ .~ _.._..._..._ _..._..._.._..._..._.._ ._.._?~ ,..._.._.._ ._..._.._...l......_..._.. en i. ,.C" C--r-.. ~g,(l ~ II() tI~ ~1. /' ~ i ; ~ff/1fJB.~ H "" ~~ ( ~ ~ i ~ I'~ ~M ~ I~ ,----.~ : ~f~nl r ~~ c'~ I ., ~~ IIJII .~~~ ~"~ t1~ ~ ffriri ~- F ill L\ II~t!l, ,I. e ' rl ~ rl / I U ~u u ~ I~ L. " "'- ~I C ill E ~ 7 u 7 /\ J II / .c .c ~:; ns o 0 .c ... Z tJ) ~ 1: "C "C 0 CI) s:: s:: Z () ns ns I I ~ ~ "C "C CI) CI) ns cu Z zoo I . 0::: 0::: M M .c .c >- >- 0 0 ns ns s:: s:: ~ ~ ~ ~ .c .c ~ ~ C) .~ 0 0 J: J: a. a. <( to () c ~ .olln \p.~ Ie - w=i <\,. ~ LJ U I --, I u~ ; I . i i i t ! i . . Ul~ n c) AREA C: PILOT KNOB ROAD - NORTH ~ Upper 183rd Street W. 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