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HomeMy WebLinkAbout03.23.15 EDA PacketAGENDA REGULAR ECONOMIC DEVELOPMENT AUTHORITY MEETING March 23, 2015 6:30 PM Room t70 Todd Larson, Chair; Geraldine Jolley, Vice -Chair Douglas Bonar, Steve Wilson, Kirk Zeaman 1. CALL TO ORDER 2. PLEDGE OF ALLEGIANCE 3. ROLL CALL 4. APPROVE AGENDA 5. CITIZENS COMMENTS 6. CONSENT AGENDA (a) Meeting Minutes (2/23/15 Regular Meeting) (b) Monthly Statements 7. PUBLIC HEARINGS 8. DISCUSSION ITEMS (a) Commercial Rehabilitation Grant Application - 400 3rd Street (b) Business Subsidy Policy Update 9. DIRECTOR'S REPORT (a) March Director's Report 10. ADJOURN City of Farmington 430 Third Street Farmington, Minnesota 651.280.6800 - Fax 651.280.6899 www.ci.fartnington.mn.us TO: Economic Development Authority FROM: Adam Kienberger, Community Development Director SUBJECT: MeetinR Minutes (2/23/15 Regular Meeting) DATE: March 23, 2015 INTRODUCTION/DISCUSSION Please find attached the EDA meeting minutes from the February 23, 2015 Regular Meeting. ATTACHMENTS: Type Description D Backup Material Meeting Minutes (2/23/15 Regular Meeting) ! p . � MOW L I � i Iii 1 111 Fili 1 (� � 111 111 , "I f . �� � ��� �■ � �$ $�$ $� �. . ` � . . . �� .'. $ � '��.■ � $ `f $f �.$ � .$.. ■ �$ MOTION by # ■$ by & $ ■ to a . ] Annual Oigank\ f. Elcc. $ ■ 01 Officers Motion by < '# wMerson.Motion Respectfully submitted, Administrative Assistant City of Farmington 430 Third Street Farmington, Minnesota 651.280.6800 - Fax 651.280.6899 www.ci.fartnington.mn.us TO: Economic Development Authority FROM: Adam Kienberger, Community Development Director SUBJECT: Monthly Statements DATE: March 23, 2015 INTRODUCTION/DISCUSSION Please find attached the monthly EDA statements. Please note that this month includes our annual Open to Business program fee. ACTION REQUESTED ATTACHMENTS: Type Description i) Backup Material Monthly Statements 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: Commercial Rehabilitation Grant Application - 400 3rd Street DATE: March 23, 2015 INTRODUCTION/DISCUSSION Staff has received a completed application from W. Paul Otten for a Commercial Rehabilitation Grant for the building he owns at 400 3rd Street in Downtown Farmington. Staff has reviewed the application and worked in coordination with the Building Official and the Dakota County CDA to recommend approval of a $22,087 grant for necessary improvements to eliminate conditions detrimental to public health and safety. DISCUSSION Earlier this year, the EDA recommended, and the City Council authorized application for the City of Farmington to allocate its 2015 CDBG allocation (estimated to be $42,717) to the Commercial Rehabilitation Grant program. This program has been very successful in Farmington over the past several years, and encourages local building/business owners to reinvest in public health and safety improvements in Farmington. A program summary is below: Grant funds may be available to assist local businesses and/or property owners who are making qualified improvements to eligible commercial properties that eliminate conditions that are detrimental to public health and safely. The following are examples of qualified improvements: correcting code violations, code improvements, and the correction of handicap accessibility issues. The intent of the grant program is to prevent the deterioration of commercial structures and discourage blight, encourage projects that correct code violations and to eliminate accessibility restrictions. Requirements of the program include, but are not limited to the following: Applicant providing a 1: 1 dollar match Competitive bidding Davis -Bacon Wage Act (payment of prevailing wages to contractors) The full 2015 program materials are attached for your information. A cover letter from Mr. Otten outlining the project and request is attached. The grant will cover replacement of rooftop mechanical equipment to eliminate environmental health concerns and meet building code requirements per the Building Official. While the grant amount requested is $22,087, the applicant is providing matching funds of $42,000 along with additional improvements to the building. The Commercial Rehabilitation Grant Program currently has a balance of approximately $38,000. The estimated 2015 allocation in the amount of $42,717 is anticipated to be available around July 1st, 2015. ACTION REQUESTED Recommend the City Council consider approval of the Commercial Rehabilitation Grant application for the W. Paul Often — 400 3'd Street building in the amount of $22,087. Final approval will result in the City entering into a grant agreement with W. Paul Often funding the improvements outlined above. ATTACHMENTS: Type Description D Exhibit Cover Letter & Application Materials Exhibit Location Map The City of Fa a El*lgl*ble Reci*, 1 The pr has a i agree Progra Adi The Program MN 55123t Ph administratta, W-M Ke g-g- t Ste r oTA H i Preservation and certiflicati A as& Prpject Appr, The final appi C f F t armir l'Ond'ing will 4 to co plete t, determine fi*n, final approval duo 1 , B*ill'ing 24 s bworr 3* Co P� A ff* eekli In accordancri Farmington I.,, Information c you or the pu htt :// is.co. lcota.mn.us/DCGI b c iiiis/'rint. px?itn =hi ://... 1 of 1 3/1 /2015 11:25 AM City of Farmington 430 Third Street Farmington, Minnesota 651.280.6800 - Fax 651.280.6899 www.ci.fartnington.mn.us TO: Economic Development Authority FROM: Adam Kienberger, Community Development Director SUBJECT: Business Subsidy Policy Update DATE: March 23, 2015 INTRODUCTION/DISCUSSION Below is a review of the EDA work session in November where we discussed Farmington's Business Subsidy Policy: A strategic priority of the City Council is to become more active in and strengthen the City's economic development efforts. Economic development typically revolves around three main ideas: creation of jobs, expanding the tax base, and increasing the quality of life within the community. When exploring ways to encourage growth and bring in new businesses to a community, it is often a good idea to review the policies in place that impact how businesses work with and perceive the community. A common question that arises during early discussions with potential business prospects is the availability of financial assistance. While not always crucial to securing a deal, having a current business assistance policy in place demonstrates that the community knows what its priorities are and how it will handle requests for assistance. Farmington's current Business Subsidy Policy dates back to 2002. Farmington does not have a specific TIF or Tax Abatement policy. After a bit of research it would appear that the EDA discussed updating its Business Subsidy Policy in the form of a Business Incentive Grant Program back in May of 2013. That idea was ultimately shelved in order to focus on a Marketing Plan which is currently in the implementation stage. Several resources were used during our discussion of the business subsidy policy: • Farmington's current business subsidy policy (2002) — attached • A memo from our city attorney from 2009 providing general background on business subsidies • Minnesota State Statutes I I 6J.993-116J.994 governing business subsidies in Minnesota • A summary of the differences between TIF and Tax Abatement (City of Northfield's website) . Lakeville's current business subsidy policy (2011) — revised and attached • Lakeville's TIF policy (2013) • Northfield's Tax Abatement policy (2013) At the conclusion of the November EDA work session it was noted that the dialogue should continue with using a version of the Lakeville business subsidy policy as a basis for a revised Farmington policy. A revised version is attached for our discussion. ACTION REQUESTED Staff suggests that the EDA discuss the attached revised business subsidy policy draft document and recommend one of two actions: 1. Forward the attached document to the City Attorney for review and comment and then advance it to City Council. 2. Recommend additional changes or continued discussion on this topic. ATTACHMENTS: B-ISFIESS SIBSIDTPOLICT DRAFT - 2015 1.0 PURPOSE 1.01 This Policy is adopted for purposes of the Business Subsidies Act (the "Act"), Minnesota Statues, Sections 1161993 through 116J.995. Terms used in this Policy are intended to have the same meanings as if used in the Act, and this Policy shall apply only with respect to "subsidies" as defined by the Act if and to the extend required thereby. 2.01 The City of Farmington and the Farmington Economic Development Authority maintain several policy documents which speak to the general goals and objectives for the provision of public assistance for private development or redevelopment activities. These documents include, but are not limited to the current Strategic Plan for Economic Development and the Comprehensive Land Use Plan. 2.02 The City of Farmington has determined that in order for any project to be considered for financial assistance, a finding is needed that determines that, "but for" the City's assistance, this project will not occur or will not occur within a reasonable amount of time. The City will also need to demonstrate a return on its investment based on one or more of the public benefit categories listed in this Policy. 2.03 Because projects vary greatly in structure and public benefit derived, each project will be considered on its own merits. Consideration will be given to projects providing public benefits in one or more of the following categories.• a. The creation of new jobs/increase in total payroll. In the case of new job creation, new jobs must pay an average wage equal to the minimum wage level for business assistance programs administered by the Minnesota Department of Employment and Economic Development for cities located in the seven county metropolitan area in place at the time of an application by any business seeking a subsidy. Preference will be given to higher paying jobs that also provide benefits such as health care coverage. b. Projects that provide value in the forms of needed transportation and other utility infrastructure improvements including regional infrastructure in the community that would be completed in conjunction with the project. C. Redevelopment projects that result in the stabilization of business districts or neighborhoods by elimination of blighting conditions. d. Projects that enhance or increase the economic diversity of the community by attracting businesses or industries not currently located in the City. New job wage requirements will apply to any new jobs created. Projects that result in the development of affordable senior or workforce housing. f. Quality of Life based on business/projects. Those business/entities that provide a desirable good or service and address an unmet demand in the community will be considered. New job wage requirements will apply to any new jobs created. 9- Retention of existing jobs. To be considered under this category, it must be demonstrated — to the satisfaction of the City - that the loss of jobs is specific and can be demonstrated. 2.04 If a particular project does not involve the creation of jobs, but is nonetheless found to meet another public purpose of the City it may be considered without any specific job wage goals, as permitted by Minnesota Statutes. This public purpose has to be something other than an increase to the City's tax base. Other measurable, specific and tangible goals must be established. Examples of tangible goals may include redevelopment or clean-up of a contaminated site or increased tourism. 2.05 Each project shall not only be evaluated against the Business Subsidy Policy but also against other applicable City of Farmington or Economic Development Authority policies, including the Comprehensive Land Use Plan, current Strategic Plan for Economic Development. The level of assistance to be provided for any project is at the discretion of City of Farmington. 2.06 Because it is not possible to anticipate every type of project which may in its context and time present desirable community building or preservation goals and objectives, the governing body must retain the right in its discretion to approve projects and subsidies which may vary from the principles and criteria of this Policy. The burden will be on the applicant to demonstrate, to the satisfaction of the City of Farmington, that the public benefit justifies the requested subsidy. 2.07 In all cases of business subsidy, where the subsidy is equal to or greater than the threshold prescribed in Minnesota Statutes, a subsidy agreement will be entered into between the City and the recipient. This agreement will delineate the subsidy structure and amount, as well as the expected public benefit. The agreement will include provisions for repayment and other resolution options if the expected public benefit is not achieved. Upon completion of the project, the actual costs of the elements of the project eligible for the business subsidy will be verified. All business subsidies will be subject to the criteria outlined in Minnesota Statutes, Section 116J.933 through Section 1161955 except those subsidies as exempted by same. CITY OF FARMINGTON, MINNESOTA Business Subsidy Policy SECTION 1. PURPOSE OF POLICY. The purpose of this Business Subsidy Policy (the "Policy") is to establish criteria by which the City of Farmington, Minnesota (the "City") may grant a business subsidy to a business (a "Business Subsidy"), as defined in Minnesota Statutes, Section 116J.993, subdivision 3. This policy sets forth the criteria to be considered by the City in awarding a Business Subsidy in compliance with Minnesota Statutes, Sections 116J.993 to 116J.995 (the "Act"). The City may deviate from this Policy only by documenting in writing the reason for deviation and attaching a copy of such documentation to its annual report to the Department of Trade and Economic Development, as provided in the Act. SECTION 2. PUBLIC PURPOSES. A Business Subsidy granted hereunder must meet one or more of the following public purposes:: A. To redevelop blighted or under-utilized areas of the City. B. To provide for or promote housing for persons and families of low and moderate incomes within the City. C. To provide for mixed -income housing developments within the City. D. To promote neighborhood stabilization and revitalization by the removal of blight and the upgrading in existing housing stock in residential areas of the City. E. To create additional job opportunities within the City. F. To retain local jobs in the City, where job loss is specific and demonstrable. G. To enhance the economic diversity of the City and to provide essential products and services within the City. A Business Subsidy shall not be granted hereunder merely because it is found that the granting of the Business Subsidy will result in an increase in the tax base of the City. SECTION 3. MANDATORY MINIMUM CRITERIA. Any project for which a Business Subsidy is granted by the City shall meet the following mandatory minimum criteria: A. Where the public puipose of a project is the creation of additional jobs in the City, the project receiving business assistance must create a minimum of 1 new full- time equivalent [FTE] job in the community, with a minimum wage of at least 125% of the prevailing federal minimum wage. B. Where the public purpose of a project is the retention of existing jobs in the City, the party requesting the Business Subsidy shall provide evidence that the loss of jobs in the City is imminent in the absence of the granting of the Business Subsidy. C. Any party requesting a Business Subsidy must be able to demonstrate successful general development capability, as well as specific capability in the type and size of development proposed. D. All project proposals shall, in the opinion of the City Council, optimize the private development potential of a site. E. The project must meet the "but foe' test, meaning that but for the Business Subsidy requested, it would not be financially feasible for the project to proceed in the manner as proposed. F. The project must not generate significant environmental concerns in the opinion of local, state or federal governmental units. G. The project must be in accordance with the comprehensive plan, zoning, redevelopment plans, and policies of the City. SECTION 4. AWARD OF BUSINESS SUBSIDY. A project meeting the above criteria will not automatically be approved for a Business Subsidy. Meeting such criteria creates no contractual rights on the part of any party seeking a Business Subsidy. A Business Subsidy shall be provided within applicable state and local legal requirements. In granting a:Business Subsidy, the City shall enter into an agreement with the recipient that provides the information, wage and job goals, commitment to provide necessary reporting data, recourse for failure to meet such goals, and other covenants, as required by the Act. City of Farmington 430 Third Street Farmington, Minnesota 651.280.6800 - Fax 651.280.6899 www.ci.fannington.mn.us Economic Development Authority Adam Kienberger, Community Development Director March Director's Report March 23, 2015 INTRODUCTION/DISCUSSION State of the City State of the City was on March 18th at City Hall. Approximately 30 people were in attendance to hear the Mayor highlight many topics including the City's financial stability, Strategic Plan, and an abundance of partnerships. A copy of the slides from the Mayor's presentation is attached. Council Strategic Plan Update The City Council and staff met on Friday, March 6th to discuss and update the City Council's Strategic Plan. Ongoing priorities include: - Organizational Efficiencies - Vermillion River Crossings Progress - Citizen Survey Results - Financial Planning for the Future Specific actions will be discussed at an upcoming Council work session and a formal plan will be adopted at a future regular meeting. Broadband Update The Mayor/Managers group met recently to discuss next steps in the county -wide broadband initiative. Direction was given to proceed with defining parameters of a joint powers agreement between Dakota County and each of the cities within Dakota County on fiber deployment and management. Articles from the Star Tribune and Sun This Week highlighting this topic are attached. Building Permit Report As of the beginning of this week, a total of 8 permits have been issued for new residential construction (all single- family). During 2014, the City issued a total of 87 single-family building permits. Miscellaneous Articles The Star Tribune recently featured a very positive article on the Open to Business program. This program continues to be a valuable resource in Farmington to those looking to start or expand a business. Also included are the latest unemployment statistics from the State of Minnesota, and an article from a City of Shakopee publication discussing business attraction and economic development. ACTION REQUESTED None, this report is intended to be a monthly update on various development and industry related topics. F-A Ik f-IT41 I I Ti I =1 Z k Type Description D Backup Material Supplemental Articles D Backup Material SCC 2015 i"'W'St rW*Ibune iM Dakota County pushes to expand broadband access Article by,Jessie Van Berkel Star Tribune • Dakota of area trying to partner with c*Ities to keep up with the growing dem; "`fbifingquite far County Board meeting where officials discussed plans to exo A lack of broadband access via fiber, cable or.DSL service, sa StaMibune PrintPage $ $ $ $I I If - ■ -expansion of fiberdriven by growing demand ■ ■_ by < to $ percent per yeaEbelingsaid, especially . e On _ given night,f and similar services takes■$e percentageisgrowing. sunthilsweek.com http-.Hsunthisweek.( Fiber oapo%Ltic backers making thel: Neighboring Dakota County doesn't. One result? Up to 1 communities 'Instead chose Scott County for 'Its access to Ebeling is a consultant for the Dakota County Broadbanij network for local governments and, ultlmately� for commi., Ebeling made the pitch for a fiber network to Burnsville 4 D2k*t2 Cotatv Qn*24*2*4 Ititi2five iR tim �iriiwlTw its na Membero *I unclBill saying access.are and many LM= off Everyone The Dakota County Broadband. Initiative recommends a estimated $3.4 e before can, countywide joint -powers, Details about network management, operating costs, prio powers members remain to be worked out under a joint-; It:_ 1 a■ ,r s rd a .r a ,r a [ 1 ar •� a ,� t ! f � .+ statW'I'bune Open.to Business, program helps Dak County companies grow Article ,w► Nelson Special Randy least and more with excavators and bulldozers at Extreme Sandbi But when a financing gap threatened to slow the company's, i business adviser Laurie Crow for assistance. All City officials can refbr calls they get from peopleasking BusinessOpen to economic edirector. "They provide access to capital, they provide access to techr which the city is set i to do," Olson said. J ! pil - 'MIR =1"", !mfill P3=- Citi e*s are limited when it cornel. RISIV®RS1 M i the business tie, have brokers tb which can iE i • d not provide Commerd !.S■`• FITM From. Sent, TO# W 7 :,7 g. 7111!1111 1 FOr Xmmedlate Releas March 19,, 2015 1 DEED Media <MNDEED Thursday� March 19, 20-A Adam Kienberger February 2015 Employrr " Sectors that lost jobs e manufacturing (d services (down 300) and *Information (down Two sectors lost jobs in the past 12 months: 49) 6 Its M A pmmm���� Construction Trade, Information Financial Activities Prof,, Bus, Services and -Health Leisure a • Hospita Other Services Minneapolis-St, ,Duluth -Superior MN -WI VISA Rochester MSA ell, IL /11,4 1 .. -1 h 14 ell n City of Farmington Mission Statement \« ## f\# uon \\ f y/\\ #\ d\7\\#\# d 2# i f\ a /\2\f\2\/f\\/ that reserve # d2 \4 d #post and \bster promising \ te i Population: 22,051 Median Age 33.1 Housing Units 7,448 Roane Ownership Rate 8 �'l Bach. [degree/nigher 32.1% Median Household income $86,300 2014 City Council Election Thank you to Christy Jo Fogarty for her years o service 19 2015 City Council Strategic Plan Continued focus on: * Organizational Efficiencies * Vermillion River Crossings Progress * Citizen Survey Results * Financial Planning for the Future 0 i 0 Financial Imp2$ eme ' Cityadopted i sollo budget :a,<a1k tctual revenues exceeded budgeted revenues and actual expenditutes were less than budgeted Genera Fu «: s« the City »«. able :# further «ret a2ts f<nd balance tacome within strikingdistance of the SUte udito . minimum funding ,y<® 9 3/19/2015< Community Development Fired a Community Development director * Proactive ordinance amendments for new and emerging types of businesses Downtown Redevelopment Guide initiative a. r 0 Building Permits * Farmington's estimated population at the end of 2014 was ; up from 22,154 at the end of 2013. In 2014 we had 87 new single family residential building r its with a value of $220,644 per unit. In 2013 we had 123 single family building; permits with a value of $198,645 per unit.. City staff performed 3,858 inspections on properties in Farmington in 2014 compared to 4,338 in2013. CommercialExpansion Valmoht building expansion 20,60• s Dakotat6untyLumb&expansion Newwatohouse Conserving Resources. Improving Life; U MEM Commercial Expansion Farmington Library remodel Housed d in City Hall during construction RI Welcome New Businesses In 2014 and 2015 we welcomed a number of new business to our community including: Cross it Calypso Farmington Tobacc Farmington Gymnastics Center Contracting Amhara Salo Papa Murphy's Pizza Cedar South Auto Sales 9* MEM Welcome New Businesses In 2014 and 2015 we welcomed a number of new business to our community including: Taco Andal Craw Interrupted remodel Edward Jones remodel IM d d 5 NEM m HEM Fire Department First fall -time Fire Chief' [ember of fire calls in 2014 = 241 . % increase from 2013 50� 300 250 0 22523 227 235 241 200 1? 14 150 10.�: _ ..._.v ....._ ............:..:.. w .. .e:... ., .....;w.n so _.__ 2002 2004 2006 2008 2010 2012 2014 2016 Partnerships Dakota Carty dakdta county ,Fw ok, ISd 19 Dakota County Regional Chamber Farmington Business Association � ¢� F �.��, s AI M' ;, Neighboring Township Cate Rack; :. Empire AREA PUBUC SCHOOLS Eureka: .► i The City communicates nicates with residents in many ways Newsletter` Community Calendar Website acebo k Twitter Nixie Local Newspapers Cable TV 180 IR €rty Calendar Farmer's Market Dew mays FBA events Car show/Block Party Dazzle Day Faster Carnival Dakota County Fair Community Survey implemented developownt plans being implemented a 4 , i e •