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HomeMy WebLinkAbout06.16.25 EDA Packet Meeting Location: Farmington City Hall, Conf Room 170 430 Third Street Farmington, MN 55024 ECONOMIC DEVELOPMENT AUTHORITY REGULAR MEETING AGENDA Monday, June 16, 2025 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 the May 19, 2025 Regular Economic Development Authority Meeting Approve the minutes of the May 19, 2025 Regular Economic Development Authority Meeting. Agenda Item: Minutes of the May 19, 2025 Regular Economic Development Authority Meeting - Pdf 3 - 6 6.2. Monthly Financial Report Accept the Monthly Financial Report. Agenda Item: Monthly Financial Report - Pdf 7 - 8 7. PUBLIC HEARINGS 8. DISCUSSION ITEMS 8.1. Partnership Presentation - The Brookshire Company No action required. The EDA is asked to participate in a conversation around collaboration and enhancing existing partnership opportunities. Agenda Item: Partnership Presentation - The Brookshire Company - Pdf 9 - 21 Page 1 of 52 8.2. 2026 Preliminary Budget, Work Plan, and EDA Levy Discussion No formal action is requested. The EDA is asked to discuss the proposed budget and provide direction on the preliminary 2026 EDA levy request. Agenda Item: 2026 Preliminary Budget, Work Plan, and EDA Levy Discussion - Pdf 22 - 33 8.3. Farmington's EDGE Authorize the EDA Executive Director to execute the CivicSend contract. Agenda Item: Farmington's EDGE - Pdf 34 - 45 8.4. Continued Discussion - Farmington Local IMPACT Program (IMPACT) No action requested. This is a discussion item, and Staff is seeking input and direction from the EDA. Agenda Item: Continued Discussion - Farmington Local IMPACT Program (IMPACT) - Pdf 46 - 47 9. DIRECTOR'S REPORT 9.1. Director's Report No action questions. This item is informational and is provided to communicate how the EDA time and money resources are allocated and to track and measure the impact of initiatives. Agenda Item: Director's Report - Pdf 48 - 52 10. ADJOURN Page 2 of 52 ECONOMIC DEVELOPMENT AUTHORITY AGENDA MEMO To: Economic Development Authority From: Shirley Buecksler, City Clerk Department: Administration Subject: Minutes of the May 19, 2025 Regular Economic Development Authority Meeting Meeting: Economic Development Authority - Jun 16 2025 INTRODUCTION: For approval are the minutes of the May 19, 2025 Regular Economic Development Authority Meeting. ACTION REQUESTED: Approve the minutes of the May 19, 2025 Regular Economic Development Authority Meeting. ATTACHMENTS: 05.19.25 EDA Minutes Page 3 of 52 EDA Minutes of May 19, 2025 Page 1 of 3 City of Farmington Economic Development Authority Regular Meeting Minutes Monday, May 19, 2025 The Farmington Economic Development Authority met in regular session on Monday, May 19, 2025, at Farmington City Hall, 430 Third Street, Farmington, Minnesota. 1. CALL TO ORDER Chair Hoyt called the meeting to order at 5:16 p.m. 2. PLEDGE OF ALLEGIANCE Chair Hoyt lead everyone in the Pledge of Allegiance. 3. ROLL CALL Members Present: Chair Joshua Hoyt Commissioners Jake Cordes, Joshua Hoyt, Nick Lien, and Steve Wilson Members Absent: None Staff Present: Lynn Gorski, City Administrator David Chanski, Asst. City Administrator/HR Director Amy Schmidt, City Attorney Deanna Kuennen, EDA Executive Director Stephanie Aman, Economic Development Coordinator Kim Sommerland, Finance Director John Powell, Public Works Director Shirley Buecksler, City Clerk Also Present: Patrick Bowen, President, Bowen National Research Mike Slavik, Dakota County Commissioner Tony Schertler, Executive Director, Dakota County Community Development Agency 4. APPROVE AGENDA Motion was made by Commissioner Wilson and seconded by Commissioner Bernatz to approve the agenda, as presented. Motion carried: 5 ayes / 0 nays Page 4 of 52 EDA Minutes of May 19, 2025 Page 2 of 3 5. CITIZEN COMMENTS No one addressed the Commission to speak. 6. CONSENT AGENDA 6.1 Minutes of the April 21, 2025 Regular Economic Development Authority Meeting 6.2 Open to Business – Q1 Report, 2025 – Dakota County Motion was made by Commissioner Cordes and seconded by Commissioner Lien to approve the Consent Agenda, as presented. Motion carried: 5 ayes / 0 nays 7. PUBLIC HEARINGS There were no public hearings. 8. DISCUSSION ITEMS 8.1 Presentation of the 2024 Dakota County Housing Needs Assessment Patrick Bowen, President of Bowen National Research, presented (virtually) the findings of the Housing Needs Assessment for the EDA. Commissioners asked questions and engaged in conversation with Mr. Bowen, CDA Executive Director Tony Schertler, and County Commissioner Mike Slavik. 8.2 Partnership Presentation – Dakota County Community Development Agency (CDA) Mr. Schertler presented an overview of the CDA’s work and how the CDA collaborates with communities. 8.3 Initial Discussion – Farmington Local IMPACT Program (IMPACT) Executive Director Kuennen proposed to the EDA a multi-component program that would include the implementation of a revolving low-interest loan program, micro grants, and a separate fund to support building improvements/enhancements. A discussion on the program’s purpose and objectives ensued. The EDA directed Staff to bring this topic forward to a dedicated work session to discuss the program in-depth. Page 5 of 52 EDA Minutes of May 19, 2025 Page 3 of 3 8.4 Grocery Market Study Coordinator Aman presented the Grocery Market Study and stated that the market is favorable for Farmington and indicates a store by 2028. Projections are good for this area; it’s a matter of finding the right grocer. 9. DIRECTOR’S REPORT 9.1 Director’s Report 10. ADJOURNMENT Motion was made by Commissioner Wilson and seconded by Commissioner Cordes to adjourn the meeting at 6:52 p.m. Motion carried: 5 ayes / 0 nays Respectfully submitted, Shirley R Buecksler City Clerk Page 6 of 52 ECONOMIC DEVELOPMENT AUTHORITY AGENDA MEMO To: Economic Development Authority From: Deanna Kuennen, Community & Economic Development Director Department: EDA Subject: Monthly Financial Report Meeting: Economic Development Authority - Jun 16 2025 INTRODUCTION: Attached is a monthly Financial Report as of June 1, 2025. DISCUSSION: Attached is the monthly Finance Report as of June 1, 2025, including a summary of the approved 2025 budget. ACTION REQUESTED: Accept the Monthly Financial Report. ATTACHMENTS: 06-2025 Financial Report YTD Page 7 of 52 Business Unit Object Account Account Description Actual 2025 Budget 2025 Comments 2000 - HRA/ECONOMIC DEVELOP3510 UNRESERVED FUND BALANCE -411,501.80 2000 - HRA/ECONOMIC DEVELOP4011 CURRENT PROPERTY TAX 0.00 -250,000.00 2000 - HRA/ECONOMIC DEVELOP4955 INTEREST ON INVESTMENTS -8,364.90 -2,600.00 2000 - HRA/ECONOMIC DEVELOP6280 BOOKS & SUBSCRIPTIONS 70.00 150.00 Business Journal 2000 - HRA/ECONOMIC DEVELOP6401 PROFESSIONAL SERVICES 18,015.60 25,000.00 Grocery Analysis, other professional services 2000 - HRA/ECONOMIC DEVELOP6403 LEGAL 311.00 3,000.00 Legal - LAHA JPA review 2000 - HRA/ECONOMIC DEVELOP6426 INSURANCE 134.88 600.00 2000 - HRA/ECONOMIC DEVELOP6445 POSTAGE/SHIPPING FEES 0.00 1,000.00 2000 - HRA/ECONOMIC DEVELOP6450 OUTSIDE PRINTING 0.00 3,000.00 2000 - HRA/ECONOMIC DEVELOP6455 LEGAL NOTICES 0.00 500.00 2000 - HRA/ECONOMIC DEVELOP6460 MEMBER DUES & LICENSURE 7,865.00 8,500.00 Mid America EDC, Dakota Regional Chamber, EDAM, CVN 2000 - HRA/ECONOMIC DEVELOP6470 TRAINING & SUBSISTANCE 2,306.95 5,000.00 EDAM Winter (2), ULI Training, Next25, MAEDC Conference 2000 - HRA/ECONOMIC DEVELOP6480 MEETING EXPENSE 242.04 500.00 Room Rental - 2000 - HRA/ECONOMIC DEVELOP6485 MILEAGE REIMBURSEMENT 185.36 5,100.00 2000 - HRA/ECONOMIC DEVELOP6505 EQUIPMENT REPAIR/MAINTENANCE 0.00 1,000.00 2000 - HRA/ECONOMIC DEVELOP6550 DEVELOPER PAYMENTS 0.00 50,000.00 2000 - HRA/ECONOMIC DEVELOP6570 PROGRAMMING EXPENSE 17,709.00 85,000.00 MREJ, Open to Business, MREJ Awards sponsorship Total 2000 - HRA/ECONOMIC DEVELOPMENT 0.00 -64,250.00 0.00 -64,250.00 0.00 -64,250.00 June Financial Report Page 8 of 52 ECONOMIC DEVELOPMENT AUTHORITY AGENDA MEMO To: Economic Development Authority From: Deanna Kuennen, Community & Economic Development Director Department: EDA Subject: Partnership Presentation - The Brookshire Company Meeting: Economic Development Authority - Jun 16 2025 INTRODUCTION: Economic development requires trusted partners and partnerships. One long-standing partnership that Staff has is with Justin Erickson, VP of Site Selection and Economic Development with The Brookshire Company. Justin Erickson will attend the EDA meeting to present an overview of the Brookshire Company's mission and services, share information on current collaborations, and participate in a conversation on how the existing partnership can grow. DISCUSSION: The Brookshire Company's mission is to help Companies Succeed & Communities Thrive. They do this through their services that include the Community Venture Network (CVN), Site Selection, Brokerage Services, Financial Incentives, Labor Analytics, and the My Town Series. Justin Erickson will provide an overview of these services and share specific examples of their impact in rural communities. The goal is to better understand how collectively the mission and vision of The Brookshire Companies aligns with and can further support the Farmington community, existing economic development efforts, as well as start exploring additional ways to work together to strengthen the community as a whole. ACTION REQUESTED: No action required. The EDA is asked to participate in a conversation around collaboration and enhancing existing partnership opportunities. ATTACHMENTS: Brookshire Overview _ Q2 2025 Page 9 of 52 THE BROOKSHIRE COMPANYPa g e 1 0 o f 5 2 At The Brookshire Company, we help companies succeed and communities thrive® by utilizing our expertise in site selection, labor analytics, tax and financial incentives, real estate brokerage, and video storytelling. We align our strategies with your mission, growth goals, and future needs to ensure your company’s success and the prosperity of the communities you serve. OUR MISSION Pa g e 1 1 o f 5 2 Pa g e 1 2 o f 5 2 Pa g e 1 3 o f 5 2 BROKERAGE SERVICES Tenant/Owner Representation • Buyer Representation • Consultation Services • Investment Sales We work in conjunction with clients to successful outcomes and increase stakeholder value. ANALYSIS Our responsibility is to implement quality services and be a business marked by integrity. EXCELLENCE We aim to increase efficiency and drive results by investigating a variety of solutions for each project. OPTIMIZATION Pa g e 1 4 o f 5 2 1 2 3 4 5 6 S C O P E O F P R O J E C T S T A T E E N G A G E M E N T M U N I C I P A L E N G A G E M E N T L A B O R A N A L Y S I S A P P L I C A T I O N M E D I A SITE SELECTION Buy, build or lease, finding the right building is only part of the equation. Knowing where to target an expansion search starts far before real estate and logistics and should include deep labor analysis, economic considerations, long term market conditions and operational considerations. In 2018, Brookshire married together years of real estate experience with years of site selection experience to offer clients a turnkey solution when they are starting to talk about expanding. Pa g e 1 5 o f 5 2 CVN exists to connect rural communities with businesses searching for opportunities to expand and grow their operations. These communities often have the space, people, and incentives to accelerate a business’ growth. MATCHMAKING We research, find and engage with businesses nationwide to understand their growth goals and needs. This often includes having the company present their opportunity to our members at a CVN event we sponsor tri-annually. NETWORKING We have a proven track record for bringing economic development professionals' viable opportunities to attract business to their community. CVN has helped companies to discover communities that embrace them and support their goals. SUCCESS COMMUNITY VENTURE NETWORK Pa g e 1 6 o f 5 2 FINANCIAL INCENTIVES Incentive programs are constantly evolving, making it crucial to stay informed about what businesses may or may not qualify for in prospective communities. The Brookshire Company has successfully secured incentives for many clients. Bringing economic development to many rural and metro communities. Pa g e 1 7 o f 5 2 LABOR ANALYTICS Brookshire integrates real estate and workforce planning, ensuring your expansion strategy is one step ahead, providing a solid foundation for recruitment and retention. COMPETITIVE EDGE No need for guessing – Brookshire uses weighted scoring models to objectively evaluate markets, removing biases and ensuring your success UNBIASED COMPARISON We help find the talent needed and tackle workforce challenges early, setting businesses up for success in their community DRIVEN GROWTH Pa g e 1 8 o f 5 2 BROOKSHIRE SELECT SITES Economic development shapes a community's future. Brookshire helps build a strategic plan to attract companies that will drive growth and prosperity. Rather than just putting up a “For Sale” sign, Brookshire works with the community to provide the tools, expertise, and connections to help achieve their dream. Pa g e 1 9 o f 5 2 Breaking down the popular misconceptions and negative stereotypes of the rural lifestyle. ABOUT Seven communities across a four-state region. ▪Iowa Lakes Corridor ▪Rugby, North Dakota ▪Chisholm, Minnesota ▪Willmar, Minnesota ▪Beaver Dam, Wisconsin ▪Perham, Minnesota ▪Farmington, Minnesota SEASON ONE MY TOWN SERIES SEASON TWO Eight communities across a five-state region. Pa g e 2 0 o f 5 2 THANK YOU Pa g e 2 1 o f 5 2 ECONOMIC DEVELOPMENT AUTHORITY AGENDA MEMO To: Economic Development Authority From: Deanna Kuennen, Community & Economic Development Director Department: EDA Subject: 2026 Preliminary Budget, Work Plan, and EDA Levy Discussion Meeting: Economic Development Authority - Jun 16 2025 INTRODUCTION: The 2026 Budget process is underway. The following report provides a brief summary of year-to- date activity, planned initiatives, and the current budget information. Based on input from the EDA, a more detailed budget proposal will be prepared to support the preliminary EDA Levy request and a proposed 2026 work plan. DISCUSSION: The EDA's work plan focuses on the following initiatives: 1. Continuous Operations Strategy and Resilience - the everyday operations of the Economic Development Team. 2. Enhanced Marketing Channels and Strategic Partnerships - "how" we tell our story, "who" we are telling our story to, and the others who are helping to amplify our story. 3. Program Advancement - accessing and developing tools to support and grow the local business ecosystem and implementing activities to move the needle. 4. Calendar of Events - what we are doing throughout the year. There are specific strategies associated with each initiative - and collectively these strategies, coupled with resources (people and money), serve as the guide to ensure that we are maximizing impact and driving measurable results. Some of the accomplishments to date include the following: Continuous Operations  Reviewed RFI's to determine response. Eight (8) RFIs have been received from lead generation partners.  Met with multiple existing businesses to assist with building permit and planning/zoning processes.  prospective with visits site numerous Conducted businesses interested in specific Farmington sites.  Attended businesses events including the monthly Farmington Business Network, Dakota County Regional Chamber coffees, and GreaterMSP "Next" event.  Maintained a database of available land/buildings - continuously reviewing and updating. Page 22 of 52  Organized ribbon cuttings to celebrate business openings and expansions.  Remained active in economic development focused organizations. Enhanced Marketing  Continued the marketing partnerships with the Minnesota Real Estate Journal (MREJ) and Community Venture Network (CVN).  Continued promoting the "Unexpectedly Bold" economic development campaign.  Facilitated the creation of the "Why Farmington" video, highlighting new/old businesses, recent investment, and highlighting the business-friendly atmosphere.  Preparing to launch an e-Newsletter to keep current and economic of prospective businesses aware development initiatives and opportunities. Program Advancement  Worked with DCTC to launch a business survey to gather input from local businesses. This is one input source to use for program development.  Explored offerings in connection with DCTC to grow the First pipeline. co-sponsored workforce training/event is preliminarily planned for August.  Drafted initial program guidelines for a proposed incentive program.  Commissioned a Grocery Analysis to understand the grocery grocery to use solicit and market to development. Calendar  Hosted the first Farmington Small Business Summit  Invited to be a speaker at multiple summits and events hosted by partner organizations.  Attended training conferences, growing networking opportunities and staying abreast on emerging economic development trends, programs, initiatives.  Invited multiple partner organizations to present at month EDA meetings. This provides an opportunity to educate and inform the EDA about their work and offers insights into how the organizations can and do collaborate with the city to advance our goals. Moving forward, it is anticipated that this work will continue at a similar cadence. In addition, Staff is continuously seeking additional opportunities that support business growth and development, leverage public funds, and advance the City's pillars and vision. To support these efforts, Staff is also recommending that the current budget and preliminary levy request remain the same. The EDA levy has significantly enhanced Staff's ability to pursue opportunities and market Farmington to a larger audience. While the specifics on what those opportunities are and/or how we market Farmington may change - the funding is sufficient to grow the existing economic development initiatives and contribute to a growing fund balance. The idea behind growing the fund balance incrementally is to provide flexibility if/when opportunities arise and to allow the pursuit of larger programs and initiatives (yet to be determined but could include the establishment of a revolving loan program, funding for land acquisition, etc.). The attached reflects the proposed 2026 budget: Page 23 of 52 To note:  The EDA Levy amount remains unchanged at $250,000. o State Statutes limit the levy amount of 0.01813% of the city taxable market value, which is in excess of $500,000  Approximately $68,000 is unprogrammed. These dollars will help build the EDA fund balance but can also be available if needed based on a specific opportunity or initiative requested by the EDA. The EDA is asked to review and discuss the proposed levy request and preliminary budget. Based on input, Staff will start building out the specifics to the proposed 2026 Work Plan and prepare a Preliminary Levy Request resolution for consideration at the August EDA meeting. Now that the EDA levy is established, annually the EDA is required to request a preliminary and final levy as part of the City's budget. ACTION REQUESTED: No formal action is requested. The EDA is asked to discuss the proposed budget and provide direction on the preliminary 2026 EDA levy request. ATTACHMENTS: 2026 EDA DRAFT budget for EDA 2025 Work Plan and Grid Page 24 of 52 Company Business Unit Object Account Actual 2021 Actual 2022 Actual 2023 Actual 2024 Actual 2024 Actual 2025 Proposed 2026 2026 Proposed Budget Comments INCOME HRA/ECONOMI 2000 - HRA/ECONOMIC DEVELOP 4011 - CURRENT PROPERTY TAX 0 0 0 0 (150,000)(250,000)(250,000)maintains 2025 levy amount HRA/ECONOMI 2000 - HRA/ECONOMIC DEVELOP 4955 - INTEREST ON INVESTMENTS (3,136)(3,425)(6,929)(4,540)(1,000)(2,600)(2,600) HRA/ECONOMI 2000 - HRA/ECONOMIC DEVELOP 5205 - OPERATING TRANSFERS (40,000)(50,000)(86,969)(50,000)(50,000)0 0 eliminated in 2025 and levy increased to eliminate transfer (252,600) EXPENSES HRA/ECONOMI 2000 - HRA/ECONOMIC DEVELOP 6280 - BOOKS & SUBSCRIPTIONS 80 0 0 0 150 150 150 same HRA/ECONOMI 2000 - HRA/ECONOMIC DEVELOP 6401 - PROFESSIONAL SERVICES 26,575 0 24,993 37,500 5,000 25,000 25,000 financial consultant, specific project related (ex: property acquisition, property analysis, site planning) HRA/ECONOMI 2000 - HRA/ECONOMIC DEVELOP 6403 - LEGAL 2,287 0 9,245 831 3,000 3,000 same - complex issues, potential changes to bylaws, etc. HRA/ECONOMI 2000 - HRA/ECONOMIC DEVELOP 6426 - INSURANCE 542 486 580 157 600 600 600 same HRA/ECONOMI 2000 - HRA/ECONOMIC DEVELOP 6445 - POSTAGE/SHIPPING FEES 0 0 0 0 1,000 1,000 1,000 misc. mailings - program related, direct mailings, etc. HRA/ECONOMI 2000 - HRA/ECONOMIC DEVELOP 6450 - OUTSIDE PRINTING 4,572 0 2,042 422 2,500 3,000 3,000 SWAG for events, marketing materials, program postcards, etc. HRA/ECONOMI 2000 - HRA/ECONOMIC DEVELOP 6455 - LEGAL NOTICES 92 0 792 0 500 500 500 HRA/ECONOMI 2000 - HRA/ECONOMIC DEVELOP 6460 - MEMBER DUES & LICENSURE 1,250 1,790 2,989 8,260 3,500 8,500 8,500 Chamber, CVN, EDAM, MMP, other (in 2024 these were included in "other" line item) HRA/ECONOMI 2000 - HRA/ECONOMIC DEVELOP 6470 - TRAINING & SUBSISTANCE 1,638 2,589 2,828 1,320 5,000 5,000 5,000 Includes EDAM winter & summer (2), CORENet, MMP, other specific econ dev organizationsHRA/ECONOMI 2000 - HRA/ECONOMIC DEVELOP 6480 - MEETING EXPENSE 11 183 350 109 500 500 coffe/donuts for meetings and open houses HRA/ECONOMI 2000 - HRA/ECONOMIC DEVELOP 6485 - MILEAGE REIMBURSEMENT 410 1,324 3,270 1,392 3,000 5,100 5,100 HRA/ECONOMI 2000 - HRA/ECONOMIC DEVELOP 6492 - ADVERTISING 0 0 8,715 0 0 HRA/ECONOMI 2000 - HRA/ECONOMIC DEVELOP 6505 - EQUIPMENT REPAIR/MAINTEN 1,296 1,200 0 0 1,000 1,000 0 HRA/ECONOMI 2000 - HRA/ECONOMIC DEVELOP 6550 - DEVELOPER PAYMENTS 37,923 16,510 20,176 0 50,000 50,000 50,000 program development - new incentives HRA/ECONOMI 2000 - HRA/ECONOMIC DEVELOP 6570 - PROGRAMMING EXPENSE 5,240 5,200 5,150 5,500 10,000 85,000 85,000 DK payment to outside organizations for programming - ex: Open to Business; KS 6/17 move $75K from 7420-Other: Enhanced marketing, matching grant funds, project implementation, site readiness, land activity, etc. HRA/ECONOMI 2000 - HRA/ECONOMIC DEVELOP 6910 - LAND 0 HRA/ECONOMI 2000 - HRA/ECONOMIC DEVELOP 7420 - OTHER 0 0 0 12,950 64,750 0 Enhanced marketing, matching grant funds, project implementation, site readiness, land activity, etc.; KS moved $75K to 6570-Programming Expense in d h d184,350 TOTAL BUDGET Total 2000 - HRA/ECONOMIC DEVELOPMENT 91,377 (47,141)(25,961)13,900 (51,000)(64,250)(68,250)REMAINING BALANCE - TBD/Build Fund Balance for larger initiatives EDA BUDGET WORKSHEET Pa g e 2 5 o f 5 2 City of Farmington Economic Development Authority Economic Development Annual Work Plan Updated 3.10.25 Boldly Defining Our Future Page 26 of 52 The City of Farmington Economic Development Authority (EDA) - Economic Development Work Plan is a strategic guide to advancing Farmington’s growth, attracting quality investment, and enhancing our community’s economic vitality. This plan ensures that key initiatives are not just visionary but actionable, providing a clear path forward in boldly defining our future. A strong work plan is essential to aligning economic development goals with budgetary resources. By grouping and connecting initiatives to the annual budget - this plan ensures that funding is allocated effectively, maximizing impact and driving measurable results. It fosters accountability, efficiency, and a proactive approach to growth. The Economic Development Work Plan positions Farmington for long- term success, supporting both near-term projects and future opportunities – for businesses of all sizes and shapes, existing and new. This roadmap moves us from just “planning for the future” — to boldly defining it. The Economic Development Work Plan groups initiatives and activities into the following sections: 1. Continuous Operations Strategy and Resilience – the everyday operations of the Economic Development Team 2. Enhanced Marketing Channels and Strategic Partnerships – “how” we tell our story, “who” we are telling our story to, and the others who are helping to amplify our story 3. Program Advancement – accessing and developing tools to support and grow the local business ecosystem, and implementing activities to move the needle 4. Calendar of Events – where to find us throughout the year! Page 27 of 52 1. CONTINUOUS OPERATIONS STRATEGY AND RESILIENCE: Ongoing operations encompass the daily activities and functions carried out by the Staff under the "economic development" framework. These efforts ensure that Staff remain actively engaged with the local business community, foster and sustain relationships with economic development advocates and partners, represent Farmington to a broader external audience, and develop the tools and resources needed to support the community's economic development vision and objectives. In 2025 – specific strategies associated with daily activities and ongoing functions include: • Preparing responses to Request for Information (RFIs) related to proposed projects and site searches. These RFIs come from many sources – DEED, GreaterMSP, Dakota County CDA, utility partners, etc. Our responsibility is to respond in a timely manner with relevant site opportunities. • Organizing visits as part of the site selection process. When Farmington is shortlisted, we will organize site visits to meet the demands and exceed the expectations of the potential client. • Serving as the ombudsman between business prospects and permitting departments to assist with the entitlement process and ultimately the successful launch of new business investments and initiatives. • Organizing and facilitating opportunities for businesses through the local community colleges. • Conducting business visits with current businesses to better understand the local industry composition, existing or anticipated business needs, and growth plans. The more we know – the better we can align programming to meet the needs of business. • Attending business events – to include the Farmington Business Networking, Dakota County Regional Chamber of Commerce, MN Chamber of Commerce events, GreaterMSP, and others. • Conduct meetings with landowners to better understand future growth opportunities, timing, and constraints. • Maintaining a database of available property (land and buildings). This also includes analyzing and identifying strategic sites to further the City’s economic development vision. • Coordinating and participating in ribbon cuttings/ground breakings to celebrate new business openings and/or business expansions. • Serving on statewide committees and holding leadership positions in organizations dedicated to economic development. • Staying informed on regional, state, and federal programs (grants, loans, etc.) to support businesses and economic development initiatives and efforts. Page 28 of 52 2. ENHANCED MARKETING CHANNELS AND STRATEGIC PARTNERSHIPS: Economic development works best when it doesn’t operate in a silo. This requires the formation and cultivation of strategic partnerships. Strategic partnerships are essential – as they enhance access and connections with site consultants, businesses, industries, and the brokerage community. These key audiences are crucial in understanding, recognizing, and promoting the value Farmington offers, enabling them to effectively communicate our opportunities to their clients or leadership during location and business decision-making processes. In 2025 –strategic partnerships and priority marketing channels include: MREJ: Minnesota Real Estate Journal MREJ is an industry leader in the commercial real estate market for news, information, and networking. For this partnership, the City of Farmington has access to real estate journal events held throughout the year, including a minimum of 4 guaranteed speaking roles. These events are attended by brokers, developers, real estate agents, and more. Serving as experts in the field on the panels, any by showing up on a consistent basis, gives positive exposure to the City of Farmington – creating interest and awareness, and driving investment. Through this partnership, Staff has secured meetings with brokers, developers, business representatives, financial institutions. From these interactions, one developer has made a $40+ million investment in Farmington, which would not have otherwise happened, and other developers and site selectors are evaluating future potential projects. Another benefit is the ability to submit articles for the MREJ publications. Farmington was featured in an article in 2024 – and will strive to submit timing and informative articles for future publications. CVN: Community Venture Network CVN is part of The Brookshire Company – and exists “to connect communities with businesses searching for opportunities to expand and grow their operations.” They have a track record for connecting economic development professionals with viable projects and a reputation for helping growing companies of all types, discover communities. For many years, staff have worked with CVN and found value in the services it provides. Included in the annual membership: • Invitation to attend CVN sessions hosted three times per year. At these sessions, business opportunities are shared and communities network and learn from each other’s successes. At a minimum, 24 business prospects seeking to grow or expand are introduced to members throughout the year. In addition to the business connection, CVN has placed a renewed emphasis on spotlighting resources and partners organizations that offer services to support economic development Page 29 of 52 initiatives. Examples include K-State Rural Grocery Initiative and the Prairie Family Business Association. Unexpectedly Bold Staff continue to build on the momentum of the “Unexpectedly Bold” campaign. Coupling the campaign with authentic storytelling and building additional layers to the marketing campaign has garnered quite a bit of attention at events. Minimally, it’s a talking point to launch from – “Unexpectedly Bold? How so?” – but it is also driving results. Staff continue to build out the suite of materials that are utilized at events and personalize the materials for each event we attend. Staff will continue to seek out creative, “out of the box” marketing opportunities that continue to advance our message and bring attention to the opportunities Farmington has to office. Moving forward: • The “Unexpectedly Bold” economic development branding will become more prominent on the economic development portions of the website as we market internally and externally, ensure brand consistency, and celebrating the results of these marketing efforts. • Staff will expand the reach of the Unexpected Bold campaign through the incorporation of videos (drones, etc.) and participation in podcasts. Page 30 of 52 3. PROGRAM ADVANCEMENT The EDA has traditionally offered programs (grants) to support small businesses, with the goal of fostering growth and strengthening the city’s diverse and valued small business ecosystem. These programs are designed to meet businesses where they are and encourage their growth and development. In addition to local initiatives, it is crucial to leverage regional, state, and federal programs to maximize support. As Farmington continues to be a prime location for business growth and attraction, expanding its exposure to new business development opportunities is essential. It is important to assess how the EDA can use its funding effectively. The following initiatives will be implemented to ensure that Farmington has a robust and impactful toolkit to support and attract businesses – including an emphasis on entrepreneurship and small business development. In 2025 – program advancement will entail: • Using information and data obtained through business visits and by working with economic development partners to develop new program offerings for EDA consideration. The goal is to bring forward program recommendations ready for EDA consideration and implementation. • Collaborate with local colleges to facilitate the development of a workforce pipeline and network that supports the Farmington business community. Work to implement short-, mid-, and long- term collaborations aimed at supporting local business and workforce development. These collaborations could take on many forms but would be targeted at enhancing the connections to existing resources available through the colleges. • Research programs offered by other communities to understand applicability in Farmington. • Commission studies that advance economic development goals and interests. Examples include: a Grocery Market Analysis to understand opportunities and constraints associated with attracting a grocery store to Farmington, site plans for targeting “priority” development/redevelopment areas working with the property owners so sites can be proactively marketed, etc. Page 31 of 52 4. WORKING CALENDAR OF EVENTS, ENHANCED MARKETING OPPORTUNITIES, & ECONOMIC DEVELOPMENT ACTIVITIES - 2025 January July • MREJ Apartment Summit • CVN Networking/Discovery event • EDAM Winter Conference • Partner Presentation/Tour to EDA • Business Connections 2.0 (tentative) • Partner Presentation/Tour to EDA February August • Business Summit 2025 • Farmington Business Survey • ULI Site Selection • Greater MSP Next 2025 • Partner Presentation/Tour to EDA • MREJ Summer Bags Tournament • Chamber – State of the County • Partner Presentation/Tour to EDA March September • MREJ – Land Development Summit – speaker • Grocery Market Study • Partner Presentation/Tour to EDA • CVN Discovery/Networking Event • SLP – IMTS Trade Show Chicago • 2nd Annual DCR Regional Cities Economic Overview – Speaker • Partner Presentation/Tour to EDA April October • MREJ – Women in Real Estate Summit – speaker • Partner Presentation/Tour to EDA • City of Farmington hosted Chamber Coffee Break • Partner Presentation/Tour to EDA May November • MREJ – Commercial Real Estate Awards • CVN Networking/Discovery Event – May 9 • MAEDC Conference • MREJ Southeast Metro Development Summit – Speaker • Partner Presentation/Tour to EDA • Focus Group with Inver/DCTC (tentative) • MREJ – Industrial Real Estate Summit – speaker • SLP Site Selector Visits • Partner Presentation/Tour to EDA June December • MREJ – Mid Year Commercial Real Estate Forecast • EDAM Summer Conference • Chamber – Legislative Wrap-up Session • Partner Presentation/Tour to EDA • Chamber Meeting – Year end • Partner Presentation/Tour to EDA Additionally: • Staff arrange BRE visits regularly • Staff attend morning networking meetings monthly • Staff attend CDA Meetings bi-monthly Page 32 of 52 Pa g e 3 3 o f 5 2 ECONOMIC DEVELOPMENT AUTHORITY AGENDA MEMO To: Economic Development Authority From: Stephanie Aman, Economic Development Coordinator Department: EDA Subject: Farmington's EDGE Meeting: Economic Development Authority - Jun 16 2025 INTRODUCTION: As Staff work to expand communication efforts with businesses and the broader community, input was gathered through direct outreach to local businesses and a review of best practices from peer communities. and targeted more a of effective the informed insights These development communication strategy. DISCUSSION: With Staff expertise supporting the development of a content schedule (attached), the team is preparing to launch Farmington's EDGE (Economic Development and Growth Exchange) — a new initiative designed to strengthen communication with the local business community. This monthly e-newsletter will serve as a dedicated resource for Farmington businesses, featuring updates on City initiatives, relevant highlights from recent EDA meetings, and key upcoming events that may be of interest to the business sector. Farmington's EDGE is intended to complement, not compete with, the City’s newsletter — offering business-focused content tailored specifically to support economic development and engagement. The following will be placed in the Fall Currents to encourage businesses and community members to sign up. Introducing Farmington’s EDGE - Farmington’s monthly economic development business initiatives, development economic latest the on keep you to designed newsletter informed resources, and opportunities. This digest will deliver timely updates on programs, incentives, and actions that impact our local business community. While created with businesses in mind, anyone interested in Farmington’s economic growth is welcome to subscribe. Sign up on the City’s website by scanning this QR Code! BUDGET IMPACT: Approximately $3000 for the website module and the one-time implementation fee of CivicSend. ACTION REQUESTED: Authorize the EDA Executive Director to execute the CivicSend contract. Page 34 of 52 ATTACHMENTS: EDA EDGE Schedule 2025-2026 CivicSend Contract - Farmington MN CivicEngage_Send_Fact_Sheet CivicEngage Send Info Sheet V3 Page 35 of 52 Farmington’s EDGE (Highlight) Content Calendar July 2025: Workforce & Talent • Highlight: "Building a Stronger Workforce" August 2025: Education & Economic Mobility • Highlight: "From Classroom to Career" September 2025: Tourism & Culture • Highlight: "Economic Impact of Local Culture" October 2025: Community & Inclusion • Highlight: "Inclusive Economic Growth" November 2025: Innovation & Tech • Highlight: "Smart Growth Through Innovation" December: Celebration & Reflection • Highlight: "Year -End Highlights & Success Stories" January: Infrastructure & Investment • Highlight: Setting a tone for the new year - "Foundations for Growth" February : Local Government & Policy • Highlight: "Public Policy & Economic Development" March: Real Estate & Development • Highlight: "Building the Future" April: Sustainability & Green Economy • Highlight: April is sustainability month - "Greening Our Growth" May: Small Business Spotlight • Highlight: May is Small Business month "Fueling Entrepreneurship" Page 36 of 52 Add-Ons (each month as needed/relevant): • Quick stats or data dashboards • Upcoming events or public meetings o Scheduled public meetings o City Hall closings o Links to permitting, forms, processes • Open grant/funding opportunities – DEED, Local, MCCD, etc • Call-to-action (e.g., "Take our community survey!") • Possible ‘expert’ column every other month – using econ dev partners Page 37 of 52 CivicPlus 302 South 4th St. Suite 500 Manhattan, KS 66502 US Statement of Work Quote #:Q-102056-1 Date:6/10/2025 11:47 AM Expires On:8/9/2025 Client: City of Farmington, MN Bill To: Farmington MN - Websites SALESPERSON Phone EMAIL DELIVERY METHOD PAYMENT METHOD Alex Webb alex.webb@civicplus.com Net 30 One-time(s) QTY PRODUCT NAME DESCRIPTION 12 Month Value 1.00 CivicSend Implementation - Municipal Websites Central CivicSend Implementation USD 750.00 Recurring Service(s) QTY PRODUCT NAME DESCRIPTION 12 Month Value 1.00 CivicSend Annual - Municipal Websites Central CivicSend Annual USD 2,374.00 Total Investment - Prorated Year 1 USD 1,395.53 Annual Recurring Services (Subject to Uplift)USD 2,374.00 Total Days of Quote:100 Initial Term Beginning at signing and ending 9/17/2025, Renewal Term 9/18 each calendar year Initial Term Invoice Schedule 100% invoiced at signing, to be prorated based on signature date. The Annual Recurring Services subscription fee for the Products (as described above) included in this SOW are prorated and co-termed to align with the Client’s current Municipal Websites billing schedule and the Annual Recurring Services V. PD 06.01.2015-0048 Page 1 of 3 Page 38 of 52 amount will subsequently be added to Client's Term and regularly scheduled annual invoices under the terms of the Agreement. This Statement of Work ("SOW") shall be subject to the terms and conditions of Master Services Agreement signed by and between the Parties and the applicable Solutions and Services Terms and Conditions located at: https:// www.civicplus.help/hc/en-us/sections/11726451593367-Solutions-and-Services-Terms-and-Conditions (collective, the "Agreement"). By signing this SOW, Client expressly agrees to the terms and conditions of the Agreement, as though set forth herein. Please note that this document is a SOW and not an invoice. Upon signing and submitting this SOW, Client will receive the applicable invoice according to the terms of the invoicing schedule outlined herein. V. PD 06.01.2015-0048 Page 2 of 3 Page 39 of 52 Acceptance of Quote # Q-102056-1 The undersigned has read and agrees to the Binding Terms, which are incorporated into this SOW, and have caused this SOW to be executed as of the date signed by the Customer which will be the Effective Date: For CivicPlus Billing Information, please visit https://www.civicplus.com/verify/ CivicPlus By (please sign): ___________________________________ Printed Name: ___________________________________ Title: ___________________________________ Date: ___________________________________ Authorized Client Signature By (please sign): ___________________________________ Printed Name: Joshua Hoyt_________________________ Title: EDA Executive Director_______________ Date: June 16, 2025________________________ Organization Legal Name: City of Farmington____________________ Billing Contact: Peter Gilbertson______________________ Title: IT Director__________________________ Billing Phone Number: 651-280-6815_______________________ Billing Email: PGilbertson@FarmingtonMN.gov________ Billing Address: 430 Third St, Farmington, MN 55024_____ ___________________________________ Mailing Address: (If different from above) ___________________________________ ___________________________________ PO Number: (Info needed on Invoice (PO or Job#) if required) ___________________________________ V. PD 06.01.2015-0048 Page 3 of 3 Page 40 of 52 CivicEngage Send Your Powerful Multi-Channel Communication Creation and Distribution Solution FACT SHEET CivicEngage® Send is our powerful communication creation and distribution module. Working in tandem with our Notify Me® subscription tool, CivicEngage Send allows you to send multi-channel citizen communications from one easy-to-use solution, saving you time, and keeping your citizens informed on the news that matters most. CivicPlus.com | 302 South 4th Street, Suite 500 | Manhattan, KS 66502 | 888-228-2233 Page 41 of 52 CivicPlus.com | 302 South 4th Street, Suite 500 | Manhattan, KS 66502 | 888-228-2233 FACT SHEET Choose from a variety of mobile responsive customizable templates. Create a variety of communications, including dynamic newsletters. Track and measure response rates with built-in analytics. Automatically post all sent newsletters to your CivicEngage website in a single step. Create a single message and send to citizens via multiple channels, including email, text message, social media, and web, maximizing reach, response, and reaction. • Your civic website • Text message • Social media • Email Easy-to-Use Creation and Distribution Send Communications Via: With CivicEngage Send, anyone on your team can create and send engaging content—no technical or design experience needed: Page 42 of 52 CivicPlus.com | 302 South 4th Street, Suite 500 | Manhattan, KS 66502 | 888-228-2233 FACT SHEET Customizable Templates Educational Newsletters Unlimited Possibilities With CivicEngage Send, you can quickly create dynamic and engaging mobile responsive newsletters, emails, social media posts, and even text messages using our convenient templates. Our templates save you time by allowing you to create engaging, and dynamic communications quickly and easily. You can also choose to save your own templates, allowing you to send regular, formatted newsletters and emails. Every community needs the ability to create and send regular newsletters, but without the right tools, the creation and distribution process can become time-consuming and costly. With CivicEngage Send, our e-newsletter functionality allows busy communication managers to easily create informative, dynamic communications. With pre-designed templates, the ability to add high-quality photos, and easily link to content on your CivicEngage website where citizens can read more in-depth content, the creation and design process is fast and easy. Also, as an integrated component of your CivicEngage content management system (CMS), every newsletter is automatically posted to your civic website, giving citizens even more access to the latest community news. There is no limit to the number of citizen emails, or distribution lists you can save within the CivicEngage Send module. By allowing citizens to subscribe to only the content that matters most to them, and choose how they want to hear from you, you can trust that when citizens receive your communications they will read and react. Page 43 of 52 FACT SHEET CivicPlus.com | 302 South 4th Street, Suite 500 | Manhattan, KS 66502 | 888-228-2233 EN-1010-122320 | CE-113 How Can CivicEngage Send Help You Connect with Citizens? Monthly Newsletters YOUR CHALLENGE OUR SOLUTION Multi-Channel Communications Citizens want regular, in-depth updates to the topics that matter most to them. You don’t have the time or the staff for duplicative steps. When you create a piece of content, you need to maximize its reach. Use CivicEngage Send to send monthly, department or topic- specific content. Allowing citizens to subscribe to only the newsletters that matter most to them, like community events, development projects, or small business news, ensures that when they receive your messages they will read and react. CivicEngage Send allows you to create one message and send it via multiple channels in one step. The next time your annual budget is approved, you can write a blog on your CivicEngage website, and send a message via email, text message, and social media linking to that post—maximizing your reach without extra steps. You want to know the effectiveness of your communications so that you can optimize your engagement strategy. Our robust analytics, built-in to the CivicEngage Send module, allow you to track and measure response rates so that you can make informed decisions about future outreach. • Newsletters • Event invitations • Dynamic emails • Social media posts Robust AnalyticsUse CivicEngage Send to Create: Page 44 of 52 Create and Send Creative Emails and Newsletters Engage and Enthuse Citizens with CivicEngage® Send CivicEngage Central Content Managers use CivicEngage Send to Create and Send: • Newsletters • Event invitations • Dynamic emails • Social media posts CivicEngage Send is our powerful communication creation and distribution tool. Working in tandem with our Notify Me® subscription tool, CivicEngage Send allows you to send multi-channel citizen communications from one easy-to-use interface, saving you time and keeping your citizens informed on what matters most. To implement CivicEngage Send on your CivicEngage website, contact your client success manager or call 888.228.2233. Easy to Use, Customizable Templates With CivicEngage Send, you can quickly create dynamic and engaging mobile-responsive newsletters, emails, social media posts, and even text messages using our convenient templates. Our templates save you time by allowing you to create engaging and dynamic communications quickly and easily. You can also choose to save custom-designed templates, allowing you to send regular, formatted newsletters and emails. Integrated with your CivicEngage Website With pre-designed templates, the ability to add high-quality photos, and easily link to content on your CivicEngage Central website where citizens can read more in-depth content, the creation and design process is fast and easy. Also, as an integrated component of CivicEngage Central, every newsletter is automatically posted to your website, giving citizens even more access to the latest community news. civicplus.com | 302 South 4th Street, Suite 500 | Manhattan, KS 66502 | 888.228.2233 Send Communications Via • CivicEngage Central • Text message • Social media • Email Easy Creation and Distribution Anyone on your team can create and send engaging content—no technical or design experience needed. Mobile Responsive All templates are mobile responsive to ensure easy readability on any device type. Unlimited Possibilities There is no limit to the number of citizen emails, or distribution lists you can save within CivicEngage Send. By allowing citizens to subscribe to only the content that matters most to them, and choose how they want to hear from you, you can trust that when citizens receive your communications they will read and react. For more information, download our fact sheet. INFORMATION SHEET Page 45 of 52 ECONOMIC DEVELOPMENT AUTHORITY AGENDA MEMO To: Economic Development Authority From: Deanna Kuennen, Community & Economic Development Director Department: EDA Subject: Continued Discussion - Farmington Local IMPACT Program (IMPACT) Meeting: Economic Development Authority - Jun 16 2025 INTRODUCTION: Last month Staff introduced preliminary information on a new, proposed business incentive program suite. Due to time constraints, there was not adequate time to explain the proposed program guidelines and objectives and have a full conversation. The goal of any new economic development incentive program is to foster growth and strengthen the city's diverse and valued small business ecosystem. Staff is seeking to have more conversation about the overarching goals of the EDA before bringing back any specific programs for consideration. DISCUSSION: The EDA has expressed their support for having a robust and impactful toolkit to support and attract businesses. Different programs have been provided in the past, which, at those points in time, served an important need. Today, Staff is seeking to gather additional input from the EDA as to the overall goals of a new program. Based on conversations with businesses (existing and proposed), property owners, economic development partners, and peers - Staff sees value in developing a multi-component program that offers a suite of incentives that could include a revolving low-interest loan program, micro grants, and a separate fund to support building improvements/enhancements. Last month the EDA had numerous questions. Staff sees value in having an open conversation to identify all the questions the EDA may have prior to launching a new program. This could include:  Loan vs. grants  Maximum amounts for individual awards  Limits on what funds can be used for  Limits on how often individual businesses/persons can apply  Targets - location, types of businesses, etc.  Ways to promote  Other Based on input from the EDA, Staff will build out the program guidelines, objectives, eligible applicants, eligible uses of funds, loan/forgivable loan structure and criteria, and application process. Page 46 of 52 BUDGET IMPACT: TBD - funding included in both the 2024 and 2025 budgets for program development. ACTION REQUESTED: No action requested. This is a discussion item, and Staff is seeking input and direction from the EDA. Page 47 of 52 ECONOMIC DEVELOPMENT AUTHORITY AGENDA MEMO To: Economic Development Authority From: Deanna Kuennen, Community & Economic Development Director Department: EDA Subject: Director's Report Meeting: Economic Development Authority - Jun 16 2025 INTRODUCTION: Attached please find a summary of recent economic development activities. Additional details regarding some of the activity is highlighted separately in the EDA packet. DISCUSSION: Attached please find a summary of recent economic development activities. Staff will be available to answer questions. ACTION REQUESTED: No action questions. This item is informational and is provided to communicate how the EDA time and money resources are allocated and to track and measure the impact of initiatives. ATTACHMENTS: 06-2025 meeting Page 48 of 52 Reporting Period: June 2025 DIRECTOR’S REPORT – providing project highlights and a summary of economic development activity. Projects & Initiatives • Rye Apartments Development The groundbreaking ceremony took place on Nov. 19th, 2024. Construction is progressing nicely, and the project is on track to open in Fall 2025. Follow along: https://youtu.be/b5M_hJyF-7o **Please visit the Community Development “Development Project Updates” page to watch the progress of various projects underway in the community. More information, imagery, and projects are being added as they advance.** Development Project Updates | Farmington, MN • BRE Staff have actively been reaching out to schedule and conduct business visits based on the BRE Plan discussed at the May2024 meeting. Responses have been slow, but visits are getting scheduled and Staff hopes that the Business Survey and Farmington Business Summit kick start these efforts. 2025 visits have included: Aerospace Fabrication and Valmont Prospects • Request For Information (RFIs) Project Kraken – DID NOT SUBMIT – medical equipment assembly and manufacturing, seeking existing buildings only. Canadian Company – DID NOT SUBMIT – manufacturing plant seeking existing buildings only. Page 49 of 52 Project Sarek – DID NOT SUBMIT – rare earth magnet manufacturing facility seeking existing buildings only. Project Corona – DID NOT SUBMIT – food manufacturing/retail operation, seeking acreage. Project Heart – DID NOT SUBMIT – seeking 60+ acres requiring rail access for a heavy power user. Project lead from DEED and will require an NDA. Project Blue – DID NOT SUBMIT – only considering existing buildings. Project lead from GreaterMSP Project Locksmith 2 – DID NOT SUBMIT – manufacturer of high-end dairy products, only considering existing buildings previously used for dairy production/food grade. Project Black Sabill – DID NOT SUBMIT – seeking minimum 250-acre site for heavy industrial user/manufacturing plant. • Developer Meetings Since the start of the year, Staff has met with the following developers who have expressed interest in working in Farmington. Conversations continue and various opportunities continue to be explored: o Sever Commercial Construction o MWF o DBS o Acumen o DR Horton o Synergy Land Co. o Cushing Terrell o CORE Real Estate Group o Caughan Companies o Obsidian o Ozhi Development o Bauer Design & Build o Remain RE o NEOO Partners • Other Prospects Initial conversations have occurred with existing and prospective businesses looking to locate/relocate in Farmington. The types of projects that are represented include entertainment, services, manufacturing, commercial/retail, daycare, and MF housing. Page 50 of 52 Other • Economic Development Association of MN (EDAM) – Summer Conference The EDAM Summer Conference was held in early June. Staff serve on the EDAM Executive Committee and on the Member Service Subcommittee and are actively involved in the planning and execution of the conference. The conference covers timely topics and helps staff stay connected to other practitioners, consultants, and developers/site selectors. • Grocery Initiative At its February meeting, the EDA authorized staff to move forward with completing a grocery market study for Farmington. The report, which was shared with the EDA at their May meeting, is actively being used to market Farmington to groceries, developers, wholesalers, etc. . Staff will be building out a “public facing” component to the grocery recruitment efforts. This will likely involve community surveys, a page on the website with market information, etc. utilizing insights from the KState Rural Grocery Initiative. • Partner Meetings Staff is prioritizing connecting and leveraging our economic development partners – including the Minnesota Trade Office, DEED, Greater MSP, utility providers, and other organizations. An example of this is Staff attended the Greater MSP Partnership Next25 event in late February to learn about their successes and goals and to better understand Farmington’s place in the region. Partners are being invited to attend upcoming EDA meetings, to share their vision, role, and plans. This will provide an opportunity for the EDA to connect with these partners, ask questions, gain a broader understanding of how our work aligns, and learn how we can leverage these relationships. Invitations have been made to the following: DCTC/Inver Hills College - March MCCD / Open to Business – April Dakota County CDA – May CVN/Brookshire - June Dakota County Regional Chamber - July GreaterMSP DEED Utility Partners – Xcel, Dakota Electric, Northern Natural Gas • MREJ – Summits/Conferences/Awards Staff will be attending and tabling at some upcoming MREJ Summits and participating in the summer networking event in August. Page 51 of 52 • Economic Development Website Over the next few months, Staff will be focusing on updating the economic development content on the city’s website. The purpose will be to make information easily accessible and build out content which is known to be important to site selectors and business representatives. Page 52 of 52