HomeMy WebLinkAbout11.20.23 EDA PacketMeeting Location:
Farmington City Hall
430 Third Street
Farmington, MN 55024
ECONOMIC DEVELOPMENT AUTHORITY REGULAR MEETING AGENDA
Monday, November 20, 2023
5:00 PM
Page
1.CALL TO ORDER
2.PLEDGE OF ALLEGIANCE
3.ROLL CALL
4.APPROVE AGENDA
5.CITIZEN COMMENTS
6.CONSENT AGENDA
6.1.Minutes of Economic Development Authority Meeting Dated September
18, 2023
Approve the minutes of the September 18, 2023 Economic
Development Authority meeting.
Agenda Item: Minutes of Economic Development Authority Meeting
Dated September 18, 2023 - Pdf
3 - 6
6.2.Monthly Financial Statement
Accept the monthly Financial Statement.
Agenda Item: Monthly Financial Statement - Pdf
7 - 8
6.3.Open to Business - Q3 Report, 2023
No action required. This report is provided for informational purposes
only.
Agenda Item: Open to Business - Q3 Report, 2023 - Pdf
9 - 17
7.PUBLIC HEARINGS
8.DISCUSSION ITEMS
Page 1 of 24
8.1.My Town Docuseries Discussion
Staff request that the EDA brainstorm impactful stories of economic
development and the people of Farmington and how, together, we
produce a video that showcases Farmington's 'why'.
Agenda Item: My Town Docuseries Discussion - Pdf
18 - 19
9.DIRECTOR'S REPORT
9.1.Director's Report
No action requested. This report is for informational purposes only. Staff
is available to provide additional details and answer any questions.
Agenda Item: Director's Report - Pdf
20 - 24
10.ADJOURN
Page 2 of 24
ECONOMIC DEVELOPMENT AUTHORITY AGENDA MEMO
To: Economic Development Authority
From:Shirley Buecksler, City Clerk
Department:Administration
Subject:Minutes of Economic Development Authority Meeting Dated September 18, 2023
Meeting:Economic Development Authority - Nov 20 2023
INTRODUCTION:
For the Commission's review and approval are the minutes of the September 18, 2023 Economic
Development Authority meeting.
ACTION REQUESTED:
Approve the minutes of the September 18, 2023 Economic Development Authority meeting.
ATTACHMENTS:
09.18.23 EDA Minutes
Page 3 of 24
Economic Development Authority Meeting Minutes of September 18, 2023 Page 1 of 3
City of Farmington
Economic Development Authority
Regular Meeting Minutes
Monday, September 18, 2023
The Farmington Economic Development Authority met in regular session on Monday,
September 18, 2023, at Farmington City Hall, 430 3rd Street, Farmington, Minnesota.
1. CALL TO ORDER
Chair Wilson called the meeting to order at 5:30 p.m.
2. PLEDGE OF ALLEGIANCE
Chair Wilson lead everyone in the Pledge of Allegiance.
3. ROLL CALL
Members Present: Chair Steve Wilson
Commissioners Holly Bernatz, Joshua Hoyt, Nick Lien
and Katie Porter
Members Absent: None
Also Present: Lynn Gorski, City Administrator
Julie Flaten, Asst City Administrator/HR Director
Deanna Kuennen, EDA Executive Director
Stephanie Aman, Economic Development Coordinator
Gary Rutherford, Police Chief
John Powell, Public Works Director
Shirley Buecksler, City Clerk
4. APPROVE AGENDA
Motion was made by Commissioner Bernatz and seconded by Commissioner Lien to
approve the agenda, as presented.
Motion carried: 5 ayes / 0 nays.
5. CITIZEN COMMENTS
No one addressed the Commission to speak.
6. CONSENT AGENDA
6.1 Minutes of the Economic Development Authority Meeting dated August 21, 2023
6.2 Monthly Financial Statement
Motion was made by Commissioner Hoyt and seconded by Commissioner Bernatz
to approve the Consent Agenda, as amended.
Motion carried: 5 ayes / 0 nays.
Page 4 of 24
Economic Development Authority Meeting Minutes of September 18, 2023 Page 2 of 3
7. PUBLIC HEARINGS
There were no public hearings.
8. DISCUSSION ITEMS
8.1 Approval of Micro Grant for Grant Heating and Air, LLC – Resolution R09-23
Grant Heating and Air, LLC, located at 509 First Street, applied for $2,500.00 in
matching grant funding from the EDA Micro Grant Program to assist in creating
awareness of their business. Grant funds would be used to update curb appeal
items, including painting of the building and construction and installation of
signage, including door wraps. Grant Heating and Air, LLC recently purchased
their building and are working to beautify the site and ensure that residents and
others know where they are located and what they do. This cleanup with signage
will help attract customers by creating a welcoming environment for clients. The
business provided estimates for signage and painting that total $5,044.94, and
this request meets the eligibility parameters for receiving the EDA Micro Grant
funding.
Commissioners asked questions and received answers.
Motion was made by Commissioner Hoyt and seconded by Commissio ner
Bernatz to adopt Resolution R09-23 Approving Micro Grant Funding to Grant
Heating and Air LLC for Certain Business Improvements.
Motion carried: 5 ayes / 0 nays.
8.2 Bold Marketing Opportunity – ‘My Town’
As a continuation of the marketing plan and efforts to boldly promote Farmington
and highlight our unique story and value proposition, Staff shared a new
opportunity to be involved in a docuseries that will be filmed and produced in
2024.
Staff met with Cory Hepola, who some may remember as a news anchor for Kare
11. In Cory's new role with The Brookshire Company, he brings attention to rural
America through a docuseries called "My Town". Cory's work on "Rural by
Choice" is a well known and loved docuseries that is currently nominated for 2
Emmy awards and was selected into the Twin Cities Film Fest, as well as
spotlighted in Times Square in New York City.
The new series, "My Town", will feature eight (8) rural communities each year,
and with this professional production comes full rights after produced as the City
would be co-owners of the content. This means Staff would be able to 'snip'
shorter sections of the 13–23-minute video to use in different scenarios
depending on the targeted audiences. We will also have full rights to share on
social media and in public settings. The videos would be an asset to the
Economic Development team as staff work to bring business to Farmington. The
docuseries feature would allow a true representation of the city of Farmington
Page 5 of 24
Economic Development Authority Meeting Minutes of September 18, 2023 Page 3 of 3
from residents to businesses large and small, allowing future businesses to truly
see themselves here.
Staff are finalizing budgets for fiscal year 2024 and have prioritized the activities
needed to bring awareness to Farmington for businesses. Staff recognize
Farmington's location to the metro as an asset and by considering participation
in "My Town", there is opportunity to also highlight and celebrate the value of the
rural commitment in this community. With Cory's expertise, connections, and
influence, staff see that the goals of creating a marketing video with Cory and
The Brookshire Company as a next step in elevating Farmington to be top of
mind for business and industry projects.
9. DIRECTOR’S REPORT
9.1 Director’s Report
The August 2023 summary, focusing on projects, prospects, business visits,
meetings, and other initiatives was provided in the Director’s Report. Staff
answered questions from Commissioners.
10. ADJOURNMENT
Motion was made by Commissioner Porter and seconded by Commissioner Bernatz
to adjourn the meeting at 6:17 p.m.
Motion carried: 5 ayes / 0 nays.
Respectfully submitted,
Shirley R Buecksler
City Clerk
Page 6 of 24
ECONOMIC DEVELOPMENT AUTHORITY AGENDA MEMO
To: Economic Development Authority
From:Deanna Kuennen, Community Dev Director
Department:EDA
Subject:Monthly Financial Statement
Meeting:Economic Development Authority - Nov 20 2023
INTRODUCTION:
Attached is the monthly Financial Statement for October 2023, and a year-to-date summary of
expenditures.
DISCUSSION:
Attached is the monthly Financial Statement for October 2023, including year-to-date expenditures.
The expenditures reflect the budget decisions made at the beginning of the year to reallocate
funding to marketing efforts. Additional expenses anticipated in 2023 include Business Retention
and Expansion (BRE) initiative kickoff meeting/luncheon, additional branded materials
(Unexpectedly BOLD), Ehlers (financial consultant) tax incentives analysis for prospect(s).
BUDGET IMPACT:
Not applicable
ACTION REQUESTED:
Accept the monthly Financial Statement.
ATTACHMENTS:
EDA Financial Report - October 2023 and YTD.pdf
Page 7 of 24
Business
Unit
Object
Account
Account
Description
YTD
Actual
2023
BUDGET
Budget
2023
MONTH 10
Actual
2023
2000 - HRA/ECONOMIC DEVELOP1010 CASH 227,459.21 -2,949.58
2000 - HRA/ECONOMIC DEVELOP1010 CASH-LGA ASSMNT RELIEF 35,000.00 0.00
2000 - HRA/ECONOMIC DEVELOP3510 UNRESERVED FUND BALANCE -248,988.23 0.00
2000 - HRA/ECONOMIC DEVELOP4955 INTEREST ON INVESTMENTS -4,844.70 -1,600.00 0.00
2000 - HRA/ECONOMIC DEVELOP5010 SALES OF ASSETS 0.00 0.00 0.00
2000 - HRA/ECONOMIC DEVELOP5205 OPERATING TRANSFERS -78,635.70 -50,000.00 -4,166.67
2000 - HRA/ECONOMIC DEVELOP5350 MISCELLANEOUS REVENUE -1.00 0.00 0.00
EXPENSE DETAIL
2000 - HRA/ECONOMIC DEVELOP6401 PROFESSIONAL SERVICES 21,639.00 1,000.00 0.00 (20,639.00)MREJ Marketing Plan, Substandard Building Analysis, WSB Mapping, Marketing Pack (branding),
2000 - HRA/ECONOMIC DEVELOP6403 LEGAL 3,321.00 1,000.00 0.00 (2,321.00)EDA Levy, Business Subsidy Policy update, Grant review, NDA
2000 - HRA/ECONOMIC DEVELOP6404 IT SERVICES 0.00 0.00 0.00
2000 - HRA/ECONOMIC DEVELOP6422 ELECTRIC 0.00 0.00 0.00
2000 - HRA/ECONOMIC DEVELOP6426 INSURANCE 483.10 560.00 48.31 76.9
2000 - HRA/ECONOMIC DEVELOP6450 OUTSIDE PRINTING 1,597.46 250.00 290.06 (1,347.46)Name plates, Program post cards, branded cups, stickers, banners, and pens
2000 - HRA/ECONOMIC DEVELOP6455 LEGAL NOTICES 792.00 100.00 0.00 (692.00)
2000 - HRA/ECONOMIC DEVELOP6460 MEMBER DUES & LICENSURE 2,988.75 2,500.00 0.00 (488.75)Dakota Chamber, 2 EDAM Memberships
2000 - HRA/ECONOMIC DEVELOP6470 TRAINING & SUBSISTANCE 2,103.12 3,500.00 207.00 1,396.88 EDAM Winter Conf, MMP Mtgs, EDAM Summer Conf (2), hotel, MMP Dallas Market Visit
2000 - HRA/ECONOMIC DEVELOP6480 MEETING EXPENSE 249.66 0.00 (249.66)Parking, Food for Chamber Coffee, Chamber event registration
2000 - HRA/ECONOMIC DEVELOP6485 MILEAGE REIMBURSEMENT 2,795.59 1,000.00 231.88 (1,795.59)
2000 - HRA/ECONOMIC DEVELOP6492 ADVERTISING 8,715.05 0.00 0.00 (8,715.05)MMP Membership Fee, Viking Yearbook
2000 - HRA/ECONOMIC DEVELOP6505 EQUIPMENT REPAIR/MAINTENANCE 0.00 1,600.00 0.00 1,600.00
2000 - HRA/ECONOMIC DEVELOP6550 DEVELOPER PAYMENTS 20,175.69 60,000.00 0.00 39,824.31 2022 Grant Payments (2), 4 Micro Grants ($10,000)
2000 - HRA/ECONOMIC DEVELOP6570 PROGRAMMING EXPENSE 5,150.00 10,000.00 0.00 4,850.00 Dakota County CDA 2023 Participation Fee
2000 - HRA/ECONOMIC DEVELOP7310 OPERATING TRANSFERS 0.00 0.00 0.00
70,010.42 81,510.00 11,499.58
YTD SPENT TOTAL BUDGET AVAILABLE FUNDS
Total 2000 - HRA/ECONOMIC DEVELOPMENT 0.00 29,910.00 0.00
0.00 29,910.00 0.00
0.00 29,910.00 0.00
YTD Financial Report - thru 10/2023
Pa
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e
8
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2
4
ECONOMIC DEVELOPMENT AUTHORITY AGENDA MEMO
To: Economic Development Authority
From:Deanna Kuennen, Community Dev Director
Department:EDA
Subject:Open to Business - Q3 Report, 2023
Meeting:Economic Development Authority - Nov 20 2023
INTRODUCTION:
Open to Business is a partnership between Dakota County CDA, Dakota County cities, and the
Metropolitan Consortium of Community Developers (MCCD), that provides one-on-one business
counseling to current and prospective entrepreneurs. Natalie Mouilso is the assigned business
advisor to Dakota County, and she works with businesses free of charge, providing business
counseling, financial advice, and access to capital.
DISCUSSION:
Attached is the Q3 report for 2023, summarizing the business activities. Included is information on
the number of businesses served, referral sources, outreach, and case studies.
BUDGET IMPACT:
Not applicable - included in annual budget.
ACTION REQUESTED:
No action required. This report is provided for informational purposes only.
ATTACHMENTS:
Dakota County OTB Narrative Report - Q3 2023
Page 9 of 24
Business Advisor for Dakota County: Natalie Mouilso, nmouilso@mccdmn.org, 952-451-6390
Q2 2023 ending 6.30.2023
Clients Served YTD
Client Inquiry 3
Existing - Challenged 9
Existing -Opportunity 36
Pre-start planning 35
Start-up 19
Total 102
Business Owner Demographics YTD
Low-Income Owned 41
BIPOC or Immigrant Owned 48
Woman Owned 56
Financing & Access to Capital YTD
Approved (YRLY Total) $ 526,920.00
Equity (YRLY Total) $ 385,235.00
Facilitated (YRLY Total) $2,630,550.00
Program Hours
TA Program HRS
1st QTR 377.00 159
2nd QTR 271.00 213
Total 648.00 372
TA: Client Meetings, Providing Resources, Client Calls, Client Deliverables, Loan Packaging
Program HRS: City Initiatives, Program Outreach, Public Events, City Meetings, Research, Data/Admin, General Inquiries
Page 10 of 24
Dakota County Q2 Report 6.30.2023
2
Industry Segment YTD
Construction / Real Estate 2
Food 16
Health/Fitness 9
Manufacturing 2
Consulting 9
Retail 25
Service 27
Other/TBD 12
Total 102
Referral Source YTD
Bank Referral
8
Entrepreneur 5
Friends and Family 14
Municipality 33
MCCD Partner 9
Other 11
Web 22
Total 102
City YTD Business Resident
Apple Valley 9 6
Burnsville 9 7
Eagan 15 17
Farmington 11 12
Hastings 13 8
Inver Grove Heights 7 7
Lakeville 10 11
Mendota Heights 1 1
Rosemount 7 6
South St. Paul 2 5
West St. Paul 5 5
Other Dakota Co. 2 1
Other/ No Data 11 16
Page 11 of 24
Dakota County Q2 Report 6.30.2023
3
Direct Financing & Access to Capital
Business Type: Thai Grocery Store
Business Locations: Burnsville & South Saint Paul
Owner Residence: Woodbury
Referred by: Bank Partner & City of South Saint Paul
MCCD Financing: $125,000
Owner Equity: $125,000
Other Financing: $1,920,000
Overview: MCCD approved gap financing for a BIPOC-owned business expansion. The owners currently operate
a Thai grocery store in Burnsville and are expanding the business to include a new wholesale and distribution
business line with a second location in South Saint Paul to include extra storage for the grocery inventory as well
as a deli walk up window. The project is a ground up construction of a multitenant building which will include
space for two additional tenants. MCCD financing will be utilized for construction costs.
Business Type: Financial Advisory
Business Location: Hastings & Lakeville
Owner Residence: Lakeville
Referred by: Bank Partner
MCCD Financing: $204,000
Owner Equity: $46,000
Other Financing: $255,000
Overview: MCCD approved permanent term financing for a commercial real estate purchase by a growing
financial advisory business based in Lakeville with a second location in Hastings. The project was brought to
MCCD via a bank partner and the real estate transaction is part of a larger business expansion plan and
ownership transition for the Hastings location. The real estate purchase and eventual business purchase will
retain 6 full-time jobs and create 1 new full-time position.
Business Type: Hair Braiding Salon
Business Location: Eagan
Owner Residence: Eagan
Referred by: MCCD Community Partner
MCCD Financing: $25,000
Owner Equity: $21,000
Overview: MCCD approved financing for this immigrant owned start-up hair braiding salon business. The owner
has been working in the industry for nearly 10 years, always renting chairs at other salons, and splitting her
profits with the salon owner. With startup capital provided by MCCD she will be able to open her own space in
Eagan, expand her clientele, and build wealth for herself and her family. In addition to braiding services, the
salon will have two rental chairs available and will sell high-quality products that cater to the Black and African
community in the area.
Page 12 of 24
Dakota County Q2 Report 6.30.2023
4
Business Type: Adult Daycare Homes and Services
Business Locations: Business Office in Burnsville with homes owned in Inver Grove Heights (2), Apple Valley (1),
Farmington (1), Crystal (1), and newest location in New Hope (1)
Owners Residences: Eagan & Prior Lake
Referred by: Bank Partner
MCCD Financing: $37,200
Owner Equity: $37,200
Bank Financing: $297,600
Overview: MCCD partnered with Amplio and a local bank on this real estate transaction for a growing adult
daycare and homecare business. Our participation (which is considered equity by the SBA) at 10% of the total
project costs allowed the business owners to meet Amplio’s 20% equity requirement and retain much needed
working capital in the business. Through the real estate purchase, the owners are adding a new residential
home in New Hope, MN to the existing roster of home care facilities where the business operates throughout
the Twin Cities region. One of the business’s owners is Native American and the new location will create new
opportunities for the community of New Hope.
Business Type: Trucking
Business Location: Hastings
Owner Residence: Hastings
Referred by: Bank Partner
MCCD Financing: $25,000
Bank Financing: $44,450
Owner Equity: $16,545
Overview: MCCD approved financing for this startup transportation business. This industry veteran has worked
for decades driving trucks for other businesses. He finally took the leap to establish himself as an owner
operator in January 2023 when he approached his bank about his business idea. The bank referred him to OTB
to help with a business plan and financial projections. After a few months of planning the project was ready to
move forward in July. This new business will create one job for the business owner, who is a low-income
individual, and allow him the opportunity to build wealth for himself and his family.
“I’ve been in the trucking industry for 40+ years. I intend to keep working until I’m unable to and I look forward to
continuing to grow my new business. You’ve got to start some place and I started at the bottom. When I asked Royal
Credit Union about a loan to start a business as an owner-operator, they referred me to Open to Business. My advisor
Natalie Mouilso has been very upfront with me, helping with all the paperwork. Carrie Borgstrom from RCU did
excellent work as well. These two women are great, and I appreciate what they do. If anyone needs help with their
business they should give them a call, they will help you 100%!”
– MCCD Loan Client, Hastings MN
Page 13 of 24
Dakota County Q2 Report 6.30.2023
5
Business Type: Restaurant
Business Location & Owner Residence: Inver Grove Heights
Referred by: Community Outreach
MCCD Financing: $110,000
Partner Financing: $110,000
Owner Equity: $129,490
Overview: MCCD approved financing for this immigrant owned business expansion in Inver Grove Heights in July
2023. This full-service, family-owned Mexican restaurant has been a community staple in IGH since 2015 with a
solid local following. The business embarked on an expansion to a larger location in 2021 but due to unforeseen
costs and logistics, the project had been stalled for quite a while. Having exhausted their available funds, the
owners were stuck paying rent at both locations with a partially completed renovation. The business connected
with MCCD advisor Vicky Gonzalez in summer of 2022 at a community event and she worked tirelessly to find a
path forward for this family business, providing in-depth technical assistance and sound professional resources
to guide the clients through this period. MCCD brought in a non-profit lending partner and together the
organizations collaborated on the final funding package. The business has three existing employees and when
the expansion is complete, three new jobs will be created.
Credit Builder Loans
In collaboration with nonprofit partners who provide credit building & financial awareness counseling, MCCD provides
$240 Credit Builder Loans (CBLs) to qualified applicants seeking to improve their personal credit. Credit Builder
applicants complete financial training through MCCD’s partners and are then referred to MCCD for a CBL. MCCD
generates and services the CBLs in-house.
2023 Credit Builder Loans YTD
Resident City Loan Amount
Rosemount $240
West Saint Paul $240
West Saint Paul $240
TOTAL $720
Business Grants
Business Type: Driving School Business
Location: Apple Valley
Referred by: Google Search
MicroGrant: $3,500
Owner Equity: ~$10,000
Grant Application Facilitated by MCCD
Overview: This low-income, women business owner learned of the Open to Business program by searching
online for resources. After working as a driving instructor for a few years and falling in love with the work, this
entrepreneur recognized the opportunity to establish her own school. After pouring every spare dollar into the
startup costs, the business owner had a gap of ~$3,000 which MCCD was able to fill through a MicroGrant. The
grant covered the remaining costs for equipment, supplies, and technology. With the additional funding the
business owner opened her doors in June with a fully equipped classroom space. As the head of a household
with 6 children, this business owner is on the path to building a strong business and a successful future.
Page 14 of 24
Dakota County Q2 Report 6.30.2023
6
“Thank you to Natalie Mouilso and Open to Business for all the hard work and guidance as I embarked on the journey
of starting my own business. Natalie's expertise and advice are invaluable as she provided me with practical solutions
and suggestions that helped me navigate through the challenges of starting a business.”
– Grant Recipient, Apple Valley
Highlights, Networking, & Outreach
Funding & Policy Updates
• May 2023 – MN DEED’s Small Business Assistance Partnership Grant program sees significant funding increase
and is codified for years to come. After years of leadership on the Small Business Assistance Partnership Grant
program, MCCD was thrilled to see the program receive a one-time funding increase to $12.85 million (FY 24-25)
& $5.45 million minimum funding ongoing. The previous base funding of the program was $2.85 million. This
program is a competitive grant program at DEED that supports small business technical assistance. It has helped
supplement technical assistance work for small businesses around Minnesota for years. Along with codifying
the program this year, we added LGBTQ + as a targeted group and clarified that cooperatives and commercial
land trusts are eligible businesses that can be helped with this program.
• June 2023 – MCCD was formally approved as a partner lender for the State of Minnesota DEED Small Business
Loan Participation Program (“SBLPP”). The American Rescue Plan Act (ARPA) reauthorized and expanded the
State Small Business Credit Initiative (SSBCI) to provide $10 billion to support small businesses and improve
access to capital in the wake of the pandemic. As part of the SSBCI Application, DEED proposed the creation of
the SBLPP, which would provide small businesses with financial support through participation loans.
Staffing
• May 2023 -- MCCD’s CEO, Elena Gaarder, was honored at the Business Journal’s 2023 Women in Business
Awards & Expo. Elena and the other honorees were selected based on their outstanding professional
achievements, leadership qualities and community engagement.
Programming, Partnerships, & Trainings
• April 18 – In partnership with the UMN Law School, MCCD hosted the first Small Business Law Q&A webinar of
2023. As in past legal Q&As, legal experts provide transaction-based legal assistance to small businesses on a
variety of subject matters including entity formation, owner distributions, and commercial lease review. These
Q&As are a great opportunity for business owners and entrepreneurs to get free guidance on legal matters.
Watch the recording here.
• April 27 – MCCD staff completed a 4-part Racial Equity training. Through more than 16 hours of instruction and
discussion, the MCCD team learned about core racial equity concepts, communicating to advance racial equity,
and how to apply a racial equity lens to our community and economic development work.
• June 14 – The Open to Business team is prioritizing teambuilding this year and our first team event was a Twins
vs Brewers game together in June. A team retreat is slated for September where we will focus on strengthening
our relationships as a team along with mission and values development.
• June 29 – MCCD hosted experts from the Met Council who trained our staff on SAC Basics for Business and
Property Owners. The training provided a baseline of knowledge for our staff to advise clients on the process of
SAC determinations including submittals, contacts at the Met Council, and what programs may be available on
the local level to help.
Page 15 of 24
Dakota County Q2 Report 6.30.2023
7
Advertising & Outreach
• June 9 – Last year OTB rolled out Field Trip Friday where team members and community contacts support local
small businesses with a walking tour to highlight MCCD clients and projects. On June 9 we visited five businesses
in Hastings, MN, including Spiral Food Co-op and Geek Haven Coffee.
• Banker and lender outreach occurred specifically with Drake Bank, Merchants Bank, Minnwest Bank, Old
National Bank, Royal Credit Union, Think Bank, US Bank, and Vermillion Bank.
• Written or in-person presentations were made and/or networking efforts were made including City of Lakeville
& NEOO meeting on April 12, the Southeast Metro Development Summit on May 24, CDFI Women’s Network
event on June 1, Dakota County CDA mid-year presentation on June 8, West Saint Paul Open House on June 8,
Business Tour of Hastings on June 9, Rosemount Port Authority presentation on June 20. Regular/update
meetings occurred with the Workforce Development Board’s Business Services/Economic Development
Committee, the University of MN Law School, Dakota County CDA, the City of Farmington, and the City of Eagan,
the City of Hastings, the City of West Saint Paul, the City of South Saint Paul, the City of Mendota Heights, and
the City of Apply Valley Economic Development team as well as the Apple Valley Fire Inspector.
• MCCD’s new website is live. Check out our refreshed look at https://mccdmn.org/. The
www.opentobusinessmn.org site has been decommissioned and will redirect to our new site going forward.
• MCCD now has an easy way to subscribe to our newsletter. Complete the online form to get community
development updates on policy and advocacy, grant opportunities, small business resources, funding
opportunities, field building, small business resources, business highlights, and more!
• The Open to Business advertisement library is up to date with the most recent ads and flyers for OTB. New ads
will be created and updated periodically so keep checking back. The library was created to help streamline how
we share ads with partners and to give partners direct access to choose ads that meet their needs. Access the
Ad Library here.
Client Highlight
Deru Braiding & Hair Supply, Eagan, MN Established July 2023
“Natalie Mouilso at the Open to Business program has helped us through the difficult process of starting up my new
business: Deru Braiding & Hair Supply LLC. Prior to contacting the Open to Business Program, I have been working at my
sister’s salon for over 9 years. I envisioned opening my own hair braiding salon but not knowing how to make my wish a
reality. When my husband Daniel and I decided to finally start my own hair braiding salon, we were confused about the
steps we needed to make. We needed help, and we luckily found the Metropolitan Consortium of Community Developers.
We were connected to Natalie, and she led us through the entire business start-up. My Husband and I were not aware of
all the requirements that were essential, but Natalie provided us with many resources such as a step-by-step timeline,
business proposal template, and many contacts to make the store up-to-code. She supported us in obtaining the business
loan, answered all our questions and concerns (even when she was out of the office), and talked us through each step
until everything was finalized. My ambitious dream was made possible because of Natalie’s guidance, patience, and
sincerity about making Deru Braiding & Hair Supply LLC happen. We are extremely grateful for the Open to Business
Program and know this program will support more new businesses in the future. If someone can IMAGINE their business,
the Open to Business Program will EDUCATE, COUNSEL, and INSTRUCT you through the process. Thank you so much!”
-- Debrework ‘Deru’ Bezabehe and Daniel Estifanos
Page 16 of 24
Dakota County Q2 Report 6.30.2023
8
Daniel and Deru at the Grand Opening celebration.
Deru, family, and friends.
Page 17 of 24
ECONOMIC DEVELOPMENT AUTHORITY AGENDA MEMO
To: Economic Development Authority
From:Stephanie Aman, Economic Development Coordinator
Department:EDA
Subject:My Town Docuseries Discussion
Meeting:Economic Development Authority - Nov 20 2023
INTRODUCTION:
At the September 18, 2023, EDA meeting, staff presented a marketing opportunity - a dynamic
docuseries entitled, "My Town". Continuing to be bold in our marketing and outreach efforts, staff
received overwhelming support from the EDA to pursue opportunities like this and are now ready to
further the discussion around what this docuseries production will look like for the City of
Farmington.
DISCUSSION:
The EDA has challenged staff to go out, be bold, and pursue opportunities to attract people and
businesses to our community. Farmington, along with seven (7) other rural communities will be
participating in the docuseries, "My Town".
Emmy award winning Cory Hepola of Brookshire Company will be attending this EDA meeting to
help guide a discussion around how we can break down any misconceptions of what it like to 'be
rural'. Additionally, we will focus on how we can best frame this docuseries tool to promote
Economic Development in Farmington. Cory looks to understand, from the EDA what people and
stories exist in Farmington, and he will masterfully weave these stories together in a purposeful
way. His success with his first docuseries "Rural by Choice" and passion for rural communities is
evident in the work he chooses to do every day.
Staff are excited to have Cory attend this EDA meeting! He looks forward to presenting his vision
with "My Town" and meeting the EDA Board to get your input that will guide him and help him better
understand the City of Farmington. As the storyteller, Cory brings a welcoming voice, professional
expertise, connections and influence to all that he does. Staff see that the goals of creating this
marketing video with Cory and the other communities as a next step in elevating Farmington to be
top of mind for business and industry projects.
BUDGET IMPACT:
$25,000 in FY24
ACTION REQUESTED:
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Staff request that the EDA brainstorm impactful stories of economic development and the people of
Farmington and how, together, we produce a video that showcases Farmington's 'why'.
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ECONOMIC DEVELOPMENT AUTHORITY AGENDA MEMO
To: Economic Development Authority
From:Deanna Kuennen, Community Dev Director
Department:EDA
Subject:Director's Report
Meeting:Economic Development Authority - Nov 20 2023
INTRODUCTION:
The following highlights recent and ongoing economic development activities.
DISCUSSION:
The attached report aims to capture the various economic development activities and initiatives. It
is not all-inclusive, and limited details are provided to protect confidentiality.
BUDGET IMPACT:
Not applicable
ACTION REQUESTED:
No action requested. This report is for informational purposes only. Staff is available to provide
additional details and answer any questions.
ATTACHMENTS:
11-2023 meeting - Director's Report
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Reporting Period:
October 2023
DIRECTOR’S REPORT – providing project highlights and a
summary of economic development activity.
Projects • Ebert Apartments
o Demolition is complete and construction is underway. Building
Division has scheduled weekly meetings with the construction
manager to keep the project moving forward as planned.
o The RIG Grant in the amount of $250,000 was awarded for the project. This funding will help offset the environmental investigation and remediation associated with the site. Staff is working with legal to prepare additional agreements between
the city/developer related to the grant.
o Clean up costs well exceeded the original estimates. Per Ebert Construction, they have encountered more than $500,000 of unexpected extra site work costs – above and beyond building demolition and removal. They are seeking consideration to
amend the TIF to offset. This request will be discussed at a later date.
• Community Vision/Comprehensive Plan Update - HKGi
o Vision Statement presented to City Council:
In the City of Farmington people and neighborhoods are valued, natural resources matter, and businesses and traditions are celebrated. We are bold in pursing opportunities and investments that support quality and sustainable growth, a vibrant and
resilient economy, and a complete and connected community.
o Draft Guiding Principles and Policies are being reviewed.
o City Council will be updated on the next steps associated with land use and infrastructure planning.
• Transit/Transportation Options
o Having individual conversations with industries during site visits.
o This topic will be introduced at the upcoming Lunch-N-Lean as
a way to start a joint discussion amongst industrial park tenants.
• Micro Grant
o Program launched on June 1, 2023
o Additional marketing of program underway
o 4 applications awarded ($10,000) with 1 additional application “in the works.”
Prospects • Staff have worked on more than 40 different proposed/potential projects in 2023. These have varied in size, scale, industry, use, and
location. The prospects are all at different stages, and while some have included only providing written responses to information requests, others have included site visits and numerous meetings. Staff
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continues to engage with many different business prospects, developers, and project teams – with the goal of converting the
prospecting into actual projects.
• Examples of prospects/potential projects includes:
o Distribution
o Various food/beverage manufacturing businesses
o Daycare providers
o Hospitality/Retail
o Data Center
o MF housing
Business Visits
• Staff worked with Brookshire Company to develop a targeted business
consulting opportunity for second-stage businesses in Farmington. The
event will take place on December 12, 2023 – and will serve as an introduction of the economic development team to the business park community, the start of a business retention and expansion (BRE) program, and the first in a series of “offerings” that will target different size/category/types of businesses in the community.
Additional topics, speakers, and content are in development, which will be rolled out in 2024.
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Meetings MF HOUSING DEVELOPERS
• Hamilton Real Estate
• Vishal Dutt
BROKERS
• Obsidian
DEVELOPMENT PARTNERS
• The Brookshire Company / ARC Angle
• ISG
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BUSINESSES
• Installed Building Solutions
OTHER
• Open Door Pantry - HQ Tour in Eagan
• Minnwest Bank
• Huntington Bank
• KLC Financial
Staff has been connecting developers/businesses/partners to assist with
potentially moving projects forward.
Other
• MN Real Estate Journal – Industrial Development Summit – speaker
and booth
• Dakota Chamber Business Excellence Awards – multiple Farmington
Businesses were finalists in various categories
• MMP Planning Team – Minnesota FAM Tour – April 11 & 13, 2024 – Join
MN in the state of hockey
• MMP Visit Team – Dallas Market – met with site selectors, brokers, data
center consultants, and toured a manufacturing facility. The team
consisted of DEED rep, DMC, City of Owatonna, City of Farmington, and Dairyland Electric rep.
• Twin Cities Live week
• Foreign Trade Zones training
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