HomeMy WebLinkAbout02.17.26 EDA Packet
Meeting Location:
Farmington City Hall, Conf Room 170
430 Third Street
Farmington, MN 55024
ECONOMIC DEVELOPMENT AUTHORITY REGULAR MEETING AGENDA
Tuesday, February 17, 2026
4:30 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 January 20, 2026 Regular Economic Development
Authority Meeting
Approve the minutes of the January 20, 2026 Regular Economic
Development Authority Meeting.
Agenda Item: Minutes of the January 20, 2026 Regular Economic
Development Authority Meeting - Pdf
3 - 6
6.2. Minutes of the January 20, 2026 Economic Development Authority
Closed Session
Approve the minutes of the January 20, 2026 Economic Development
Authority Closed Session.
Agenda Item: Minutes of the January 20, 2026 Economic Development
Authority Closed Session - Pdf
7 - 9
6.3. Quarterly Report - Open to Business (Q4 2025)
No action requested. Report is provided for informational purposes.
Agenda Item: Quarterly Report - Open to Business (Q4 2025) - Pdf
10 - 17
7. PUBLIC HEARINGS
8. DISCUSSION ITEMS
Page 1 of 64
8.1. Election of 2026 EDA Chairperson and Vice-Chairperson
The EDA is asked to choose a Chairperson and Vice-Chairperson of the
EDA for 2026.
Agenda Item: Election of 2026 EDA Chairperson and Vice-Chairperson -
Pdf
18
8.2. Annual EDA Business - Acknowledgement of Official Newspaper and
Establishment of the 2026 Meeting Schedule
Pass a motion to acknowledge the City Council's designation of the
official newspaper and establish the 2026 EDA meeting schedule.
Agenda Item: Annual EDA Business - Acknowledgement of Official
Newspaper and Establishment of the 2026 Meeting Schedule - Pdf
19 - 23
8.3. 2026 EDA Work Plan
The EDA is asked to discuss and confirm their commitment to the work
plan.
Agenda Item: 2026 EDA Work Plan - Pdf
24 - 38
8.4. Economic Development Potential Incentives Discussion
Review and discuss past EDA financial incentive programs and provide
direction for new programming.
Agenda Item: Economic Development Potential Incentives Discussion -
Pdf
39 - 62
9. DIRECTOR'S REPORT
9.1. Director's Report
No action requested. 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
63 - 64
10. ADJOURN
Page 2 of 64
ECONOMIC DEVELOPMENT AUTHORITY AGENDA MEMO
To: Economic Development Authority
From: Shirley Buecksler, City Clerk
Department: Administration
Subject: Minutes of the January 20, 2026 Regular Economic Development Authority
Meeting
Meeting: Economic Development Authority - Feb 17 2026
INTRODUCTION:
For approval are the minutes of the January 20, 2026 Regular Economic Development
Authority Meeting.
ACTION REQUESTED:
Approve the minutes of the January 20, 2026 Regular Economic Development Authority
Meeting.
ATTACHMENTS:
01.20.26 EDA Minutes
Page 3 of 64
EDA Minutes of January 20, 2026 Page 1 of 3
City of Farmington
Economic Development Authority
Regular Meeting Minutes
Tuesday, January 20, 2026
The Farmington Economic Development Authority met in regular session on Tuesday,
January 20, 2026 at Farmington City Hall, 430 Third Street, Farmington, Minnesota.
1. CALL TO ORDER
Chair Hoyt called the meeting to order at 5 pm.
2. PLEDGE OF ALLEGIANCE
Chair Hoyt lead everyone in the Pledge of Allegiance.
3. ROLL CALL
Members Present: Chair Joshua Hoyt
Commissioners Holly Bernatz, Jake Cordes, Nick Lien,
and Steve Wilson
Members Absent: None
Staff Present: Lynn Gorski, City Administrator
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: Maggie Dykes, Assistant Director of Community &
Economic Development, Dakota County CDA
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
5. CITIZEN COMMENTS
No one addressed the Commission to speak.
Page 4 of 64
EDA Minutes of January 20, 2026 Page 2 of 3
6. CONSENT AGENDA
6.1 Minutes of the November 17, 2025 Regular Economic Development Authority
Meeting
6.2 2026 Minnesota Real Estate Journal (MREJ) Contract
Motion was made by Commissioner Cordes and seconded by Commissioner
Bernatz to approve the Consent Agenda, as presented.
Motion carried: 5 ayes / 0 nays
7. PUBLIC HEARINGS
8. DISCUSSION ITEMS
8.1 Local Affordable Housing Aid (LAHA) Funds – Collaboration Discussion with
Dakota County Community Development Agency
Director Kuennen introduced Maggie Dykes, Assistant Director of Community
and Economic Development with the Dakota County Community
Development Agency.
Ms. Dykes discussed with the EDA the status of the 2024 LAHA funds and
continued collaboration for the 2025 LAHA funds.
Discussion included:
• LAHA grants were given to five Farmington households; only one
full-funded LAHA project has been completed.
• The 2024 project dollars are 100% allocated.
• The EDA would like to know what the need of the community is relative
to this one source. Ms. Dykes will find out how many Farmington
residents applied but didn’t receive funds and will respond back.
• The CDA requests a continued partnership with Farmington and is
seeking the City’s 2025 LAHA funds of $244,803.33 to continue funding
the program.
• The CDA is requesting the City’s help in pushing out more information
about the program.
Following discussion, the EDA provided direction for Staff to continue this
partnership with the CDA in deploying these dollars on the City’s behalf. The
EDA thanked Ms. Dykes for joining in this discussion.
Page 5 of 64
EDA Minutes of January 20, 2026 Page 3 of 3
8.2 Economic Development Website Proposed Updates
Coordinator Aman provided an update on the City’s Economic
Development webpages, which will provide a more effective tool of
attracting and supporting businesses. The site will improve usability, provide
robust, up-to-date content, showcase Farmington’s strengths, and support
business growth. On-going projects will be linked, and the data center page
will continue or become a resource page about data centers.
Staff and the EDA talked about adding a video to welcome users to the
website, improvements to still photography, adding additional drone
footage from around Farmington, the possibility of adding AI Chatbot for
navigation throughout the website, and a plan for tracking usage.
This update positions Farmington as a business-friendly, forward-thinking
community and ensures that our online presence reflects the opportunities
and support that Farmington has to offer.
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 6:06 pm.
Motion carried: 5 ayes / 0 nays
Respectfully submitted,
Shirley R Buecksler
City Clerk
Page 6 of 64
ECONOMIC DEVELOPMENT AUTHORITY AGENDA MEMO
To: Economic Development Authority
From: Shirley Buecksler, City Clerk
Department: Administration
Subject: Minutes of the January 20, 2026 Economic Development Authority Closed
Session
Meeting: Economic Development Authority - Feb 17 2026
INTRODUCTION:
For approval are the minutes of the January 20, 2026 Economic Development Authority
Closed Session.
ACTION REQUESTED:
Approve the minutes of the January 20, 2026 Economic Development Authority Closed
Session.
ATTACHMENTS:
01.20.26 EDA Closed Session Minutes
Page 7 of 64
EDA Minutes (Closed Session) of January 20, 2026 Page 1 of 2
City of Farmington
Economic Development Authority
Regular Meeting Minutes – Closed Session
Tuesday, January 20, 2026
The Farmington Economic Development Authority met in regular session on Tuesday,
January 20, 2026 at Farmington City Hall, 430 Third Street, Farmington, Minnesota.
1. CALL TO ORDER
Chair Hoyt called the meeting to order at 6:07 pm.
2. ROLL CALL
Members Present: Chair Joshua Hoyt
Commissioners Holly Bernatz, Jake Cordes, Nick Lien,
and Steve Wilson
Members Absent: None
Staff Present: Lynn Gorski, City Administrator
Deanna Kuennen, EDA Executive Director
Stephanie Aman, Economic Development Coordinator
Kim Sommerland, Finance Director
John Powell, Public Works Director
Shirley Buecksler, City Clerk
3. 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
4. DISCUSSION ITEMS
4.1 Closed Session to Consider Whether to Develop or Consider Offers or
Counteroffers for the Sale or Purchase of the Real Property in the City of
Farmington, Dakota County, Minnesota (PID: 14-77000-08-110), Pursuant to
Minnesota Statutes Section 13D.05, Subdivision 3(c)(3)
Motion was made by Commissioner Wilson and seconded by Commissioner
Bernatz to close the Economic Development Authority Meeting, pursuant to
Minnesota Statutes Section 13D.05, Subdivision 3(c)(3), to consider whether
to develop or consider offers or counteroffers for the sale or purchase of the
Page 8 of 64
EDA Minutes (Closed Session) of January 20, 2026 Page 2 of 2
real property in the city of Farmington, Dakota County, Minnesota (PID: 14-
77000-08-110) at 6:07 pm.
Motion carried: 5 ayes / 0 nays
5. ADJOURNMENT
Motion was made by Commissioner Wilson and seconded by Commissioner Lien
to adjourn the meeting at 6:35 pm.
Motion carried: 5 ayes / 0 nays
Respectfully submitted,
Shirley R Buecksler
City Clerk
Page 9 of 64
ECONOMIC DEVELOPMENT AUTHORITY AGENDA MEMO
To: Economic Development Authority
From: Deanna Kuennen, Community & Economic Development Director
Department: EDA
Subject: Quarterly Report - Open to Business (Q4 2025)
Meeting: Economic Development Authority - Feb 17 2026
INTRODUCTION:
The Open to Business Program provides technical assistance and access to capital to small
businesses and potential entrepreneurs, in Dakota County. As required in the Joint Powers
Agreement, client Advisor Business the outlining provided are reports quarterly by
interactions and statistics. Attached is the Q4 2025 Report.
DISCUSSION:
Open to Business provides technical assistance and access to capital to small businesses
and potential entrepreneurs in Dakota County. Through the Joint Powers Agreement with
Dakota County CDA, communities within the county agree to leverage their individual
dollars for this important service.
In addition to the technical assistance and access to capital that is provided directly to
the clients, the Business Advisor, Natalie Mouilso or designee, meets monthly with City Staff.
The purpose of these meetings is to learn about upcoming events and resources that can
be discuss and referrals, share shared interested with general businesses,
trends/challenges/needs of the small business community.
Attached is the Q4 2025 report.
BUDGET IMPACT:
$5,500 annually
ACTION REQUESTED:
No action requested. Report is provided for informational purposes.
ATTACHMENTS:
Open to Business Narrative Report - Dakota County - Q4 2025
Page 10 of 64
Luis Rodriguez/Jeena Vomhof, lrodriguez@mccdmn.org/jgurungvomhof@mccdmn.org, 612-843-3269
1/01/2025 – 12/31/2025
Clients Served YTD
Client Inquiry 3
Existing - Challenged 29
Existing - Opportunity 45
Pre-start planning 54
Start-up 43
Total 174
Business Owner Demographics YTD
# of Clients
Low-Income Owned 87
BIPOC or Immigrant Owned 103
Woman Owned 105
Financing & Access to Capital YTD
Loans & Grants Approved
includes CBLs (YRLY Total) $482,414.00
Equity (YRLY Total) $233,829.00
Facilitated (YRLY Total) $198,967.00
Total Investment $915,210.00
Program Hours
TA Program HRS
1st QTR 369 237
2nd QTR 477 185
3rd QTR 373
4TH QRT 156
210
180
Total 1,375 812
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 11 of 64
Open to Business Report
2
Industry Segment YTD
Construction / Real Estate 6
Food 35
Health/Fitness 19
Manufacturing 4
Consulting 11
Retail 41
Service 29
Wholesale / Distribution 4
Other 25
Total 174
Referral Source YTD
Bank Referral 17
Entrepreneur 7
Friends and Family 24
Municipality 29
MCCD Partner/staff 23
Other 27
Web 47
Total 174
City YTD Business Resident
Apple Valley 26 17
Burnsville 29 21
Eagan 19 17
Farmington 13 18
Hastings 5 5
Inver Grove Heights 10 12
Lakeville 17 25
Mendota Heights 4 4
Rosemount 12 18
South St. Paul 10 9
West St. Paul 6 4
Other Dakota Co. 2 3
Other/ No Data 21 19
“We are part of MCCD's Open to Business Program, and the whole process has been a great learning experience. Our
loan application would've been difficult to accomplish without their help! Would recommend this to any entrepreneur.”
– Rosemount Loan Client
Page 12 of 64
Open to Business Report
3
Direct Financing & Access to Capital
Business Type: Bubble Tea & Café
Business City: Eagan
Residence City: Savage & Farmington
Referred by: Website
MCCD Financing: $175,000* Owner
Equity: $65,443
Overview: This startup bubble tea shop was seeking funds for start up expenses, tenant improvements,
equipment, inventory, and working capital. The two business partners put their heads together on opening this
business and were approved for a $175,000 direct loan from MCCD in January 2025, contingent on an 80% loan
guaranty from MN DEED through the DEED Small Business Credit Initiative.
*As the DEED guaranty application was in progress the business owners received news of some unexpected
project costs from their contractor and decided to withdraw their application and tabled the business plan for
now.
Business Type: Natural Beauty & Wellness Products
Business City: Burnsville
Residence City: Burnsville
Referred by: TikTok Influencer
Microgrant Facilitated: $2,500 Owner
Equity: $2,500
Overview: This early-stage home-based business was established in 2023 and sells handmade beauty and
wellness products to friends and family. After a referral from a TikTok influencer who provides entrepreneurship
advice, the Burnsville resident reached out to MCCD seeking funding to expand her business and launch her
website. The business owner is a low-income single mother and qualified for a microgrant which MCCD
facilitated, and the client received in January. The funding allowed the business owner to increase operational
efficiency, buy inventory and supplies, and launch a new product line. The entrepreneur is currently working on
rebuilding her credit so that she can apply for an MCCD loan for the remaining funding to build and launch her
website.
Business Type: Food Truck and Cookie Dough Wholesaler
Business City: Eagan (Home Based & mobile throughout Twin Cities region) Residence
City: Eagan
Referred by: LEDC
MCCD Financing: $50,000
Owner Equity: $7,000
Facilitated financing/ funding: $50,000
Overview: MCCD collaborated with nonprofit partner on this $107,000 project to support a growing BIPOC and
woman owned cookie dough business. The business was established in 2021 as a response to the lack of organic
cookie dough available in the market. Their dough offers all organic, non-GMO, fair trade ingredients with no
preservatives and comes in three flavors. There are two branches to their business: the business-tobusiness,
where they sell wholesale through a distributor to co-ops and grocery stores and a direct to customer retail -
selling both the dough and fresh-baked cookies at farmers markets and festivals. They had been selling via a
Page 13 of 64
Open to Business Report
4
pop-up tent and recently came across the opportunity to purchase a food trailer to streamline their operations.
The borrowers needed funding food trailer improvements, equipment, inventory, and working capital to help
them take advantage of the upcoming selling season.
Business Type: Fashion Optical Boutique
Business City: Savage
Residence City: Burnsville
Referred by: Municipality
MCCD Financing: $82,173.70
Owner Equity: $30,636
Facilitated financing/ funding: $35,217.30 & $11,250
Overview: This entrepreneur is a licensed optician operating in the optical industry for more than 20 years. He
has always dreamed of opening his own optical store near his home in Burnsville to start to build wealth for
himself. He found an ideal storefront in Savage and reached out to MCCD for assistance with the project funding
for inventory, equipment, startup expenses, and ~ 3 months of working capital for operations. Total project costs
are $159,227 including the equity investment of $30,636 and a $11,250 tenant improvement budget from the
landlord. The loan request was approved by MCCD’s loan committee on April 24th contingent on 30%
participation from MN DEED through the Small Business Credit Initiative, application is currently pending, and
approval is expected in early May.
Business Type: RV Tank Cleaning
Business City: Rosemount
Residence City: Rosemount
Referred by: Community Partner
MCCD Financing: $30,000 Owner
Equity: $2,500
Overview: This husband-and-wife team have a combined professional background in customer service, custodial
cleaning, and mechanicals. They also love camping and the outdoors and have been avid RV'ers for years. As
they grow older and become empty nesters, they saw an opportunity to make a side business out of their
passion and have something that they could continue into retirement. Through their time spent at campgrounds
in the Midwest they became aware of the opportunity to become a licensed dealer for an RV Tank cleaning
franchise. The business owners see this as a promising opportunity to generate additional income now and into
retirement while doing something that they truly love.
Business Type: Gift Shop
Business City: Apple Valley
Residence City: Lakeville
Referred by: CDA website
Facilitated financing/ funding: $50,000 Owner
Equity: $70,000
Overview: This first-time entrepreneur came to MCCD seeking technical assistance and access to capital to help
her in the final stretch of opening a new gift shop in Apple Valley. Advising was provided on topics including lease
negotiation, insurance, build-out, networking, and business banking. Connection to a local credit union provided the
client with much-needed working capital and a line of credit for her store. The store is slated to open mid-late October
Business Type: Amazon Retailer
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Open to Business Report
5
Business City: Hastings
Residence City: Hastings
Referred by: Municipality
MCCD Financing: $20,000 Owner
Equity: $2,000
Overview: This woman-owner business reached out to MCCD seeking working capital for new inventory. The
business owner is a nurse full time and started this Amazon-based retail business in late 2024 for supplementary income.
The business experienced a few strong months and then stagnated when inventory ran out in early 2025. The client
needed additional working capital to ramp up once more and the MCCD loan provided an important cushion so that
inventory will be continually stocked and the business can focus on growth.
Business Type: Home Healthcare / PCA
Business City: Eagan
Residence City: Farmington
Referred by: Other Entrepreneur
MCCD Financing: $75,000 – includes $50,000 in forgivable capital Owner
Equity: $3,750
Overview: MCCD began working with this business owner in 2023 when he initially reached out seeking
financing to grow his home health care business based in Eagan. He decided to table his request at that time and
reached back out in spring, 2025. Working closely with his loan officer for more than 100 hours, the application for
working capital was finalized in September. At the same time, MCCD kicked off it’s participation in the Groundbreak loan
program* and the client ultimately became MCCD’s first recipient of a Groundbreak loan structure which includes a
$25,000 loan that is immediately forgiven, a $25,000 loan at 1% interest only and eligible for forgiveness after five years,
and a $25,0000 loan with typical repayment terms.
Business Type: Event planning & event decor
Business City: Apple Valley
Residence City: Farmington
Referred by: Other Municipality
MCCD Financing: $50,000 – Plus $50,000 in forgivable capital
Equity: $50,000
Overview: When this business owner first approached MCCD in 2022, she was looking to expand from a home-
based business to a brick-and-mortar location. She purchased a building in Apple Valley in 2023 and built a family's
successful business. After nearly 90 hours of work with her loan officer, the application for inventory, equipment and
décor material, marketing, staffing, and storage improvements was approved in December. At the same time, MCCD’s
Groundbreak loan program was available, and the client became an MCCD Groundbreak loan recipient. The structure of
the loan includes a $25,000 loan that is immediately forgiven, a $25,000 loan with 1% interest only and eligibility for
forgiveness after five years, and a $50,000 loan with standard repayment terms.
*MCCD is one of four local nonprofits selected to participate in the Groundbreak project. Rather than advertise the
program, we are matching eligible clients internally and then giving them the news after the loan is approved. The
Groundbreak Coalition is a group of over 40 corporate, civic, and philanthropic leaders committed to demonstrating that
with enough resources, a racially equitable future is possible first in Minnesota and then across the country. The goal of
the small business loans is to provide early stage, growth capital to low-wealth entrepreneurs, including, but not limited
to Black entrepreneurs, who historically have faced barriers to accessing such capital from traditional sources.
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Open to Business Report
6
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.
Credit Builder Loans YTD
Resident City Loan Amount
West Saint Paul $240
TOTAL $240
Highlights, Networking, & Outreach
Programming, Partnerships, & Trainings
• MCCD is excited to welcome Talia King as our new Director of Lending. Talia brings over 20 years of experience in
strategic lending and community development, with a strong focus on expanding access to capital and supporting
sustainable growth across Minnesota. Her leadership is rooted in service, collaboration, and creating
opportunities for entrepreneurs and communities to thrive.
This is not Talia’s first time with MCCD. She previously participated in our Emerging Leaders in Community
Development (ELCD) program as a mentee in 2023 and as a mentor in 2024, reflecting her ongoing commitment
to developing future community leaders.
• Welcome to MCCD, Jeena! From loan client to mentor to business advisor, Jeena Gurung Vomhof is one of
MCCD’s newest team members. She first worked with MCCD while building Namaste Brows and Boutique in
Roseville and later served as a mentor in our Emerging Leaders in Community Development program and as a
speaker at our 2023 Annual Meeting. She now joins MCCD as a temporary staff member, supporting small
business owners, especially women, immigrants, and underrepresented entrepreneurs.
• October 5 to October 7, MCCD staff members Kadra Abdi, Kelly Law, Kari Johnson, NaSee Lor, and Luis Mendoza
attended the 2025 People & Places Conference in Washington, D.C. The conference brought together community
developers from across the country to share ideas and best practices.
• October 22- MCCD consortium members Habitat for Humanity Minnesota and PRG, Inc. were featured at the
State Task Force on Homeowners and Commercial Property Insurance. Cristen Incitti and Theressa Ruiz testified
on how rising insurance costs and coverage denials are making homeownership increasingly unaffordable,
especially for lower income Minnesotans. They were later interviewed by KARE 11 following the hearing.
• November 6 - MCCD hosted its Annual Celebration at the B Suite in Minneapolis. The event brought together
partners and community members to celebrate and share the meaningful work we do together to support
community development.
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Open to Business Report
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• November 12 - Business Advisor Jeena Gurung attended the Women’s Business Development Center Strengthen
the Strong Together Celebration and Connection event.
• On 11/21/25, Tyler Hilsabeck and Jeena Gurung Vomhof did a presentation on the Open to Business program at
the Dakota-Scott Workforce Development Board meeting, which included representatives from cities in Dakota
and Scott Counties.
Advertising & Outreach
• MCCD has a new website! After months of design and development, we have officially launched a refreshed
website with updated branding and new content that brings MCCD’s story to life. The site better highlights who
we are, what we do, and why our work matters to small businesses and communities across Minnesota.
The new website includes clearer language around our lending and small business development services, as well
as an events calendar that makes it easier to stay up to date on and register for MCCD events, including Lending
Info Sessions. Check it out at mccdmn.org.
• Submit content to MCCD’s Business Resource Newsletter! MCCD community partners are invited to submit their
own events, training opportunities, and more to be included in MCCD’s Business Resource Newsletter.
Information should be relevant/tailored to local small business owners and entrepreneurs. Email your content to
Mara Brooks, MCCD's Communications & Data Coordinator, at mbrooks@mccdmn.org
• The advertisement library is up to date with the most recent ads and flyers for OTB. Access the library here.
• In the last quarter, banker and lender outreach occurred specifically with the Sunrise Bank, Huntington Bank,
First bank and US Bank.
• In addition to lending outreach, written or in-person presentations were made and/or networking efforts were
made including ongoing partnership discussions with UMN Law School, Biweekly check in - CDA, and City of
Farmington monthly check-ins.
Quarterly Highlight
“I had never been approved for a loan for my business. This is fantastic news, even better, half of the loan is forgivable.
I will be able to add staff, purchase more equipment and materials for my business, and focus more on growing it.
Thank you very much for your support. “
- The owner of Event planning & event décor business, In Apple Valley.
Page 17 of 64
ECONOMIC DEVELOPMENT AUTHORITY AGENDA MEMO
To: Economic Development Authority
From: Deanna Kuennen, Community & Economic Development Director
Department: EDA
Subject: Election of 2026 EDA Chairperson and Vice-Chairperson
Meeting: Economic Development Authority - Feb 17 2026
INTRODUCTION:
Per the EDA By-Laws, at the February meeting or the next regular meeting, each calendar
year, the EDA must choose a Chairperson and a Vice-Chairperson.
DISCUSSION:
Annually, the EDA selects a Chairperson and Vice-Chairperson in accordance with the
EDA By-Laws. The duties of these positions are as follows:
Chairperson - presides at all meetings, enforces the rule of procedure as prescribed
in the By-Laws, conducts public hearings, and allows the public to participate as
long as there is reason to believe that input is beneficial.
Vice-Chairperson - presides at all meetings in the absence of the Chairperson,
assuming all responsibilities of the presiding officer.
For calendar year 2025, the EDA Officers were as follows:
Chairperson - Joshua Hoyt
Vice-Chairperson - Jake Cordes
ACTION REQUESTED:
The EDA is asked to choose a Chairperson and Vice-Chairperson of the EDA for 2026.
Page 18 of 64
ECONOMIC DEVELOPMENT AUTHORITY AGENDA MEMO
To: Economic Development Authority
From: Deanna Kuennen, Community & Economic Development Director
Department: EDA
Subject: Annual EDA Business - Acknowledgement of Official Newspaper and
Establishment of the 2026 Meeting Schedule
Meeting: Economic Development Authority - Feb 17 2026
INTRODUCTION:
Per the EDA By-Laws, at the February meeting of the EDA or the next regular meeting,
each calendar year the EDA shall acknowledge the City Council's designation of the
official newspaper and establish the meeting schedule for the year.
DISCUSSION:
Every calendar year, the EDA is required to take certain actions as part of their annual
business meeting. In 2026, the EDA:
1. Acknowledges The Dakota County Tribune as the City Council's designation of the
official newspaper.
2. Establishes the following meeting schedule:
January 20, 2026 July 20, 2026
February 17, 2026 August 17, 2026
March 16, 2026 September 21, 2026
April 20, 2026 October 19, 2026
May 18, 2026 November 16, 2026
June 15, 2026 December 21, 2026
ACTION REQUESTED:
Pass a motion to acknowledge the City Council's designation of the official newspaper
and establish the 2026 EDA meeting schedule.
ATTACHMENTS:
By-Laws 2023 (adopted 02.21.23)
Page 19 of 64
ECONOMIC DEVELOPMENT AUTHORITY BY-LAWS
Adopted February 22, 2022
These By-Laws,when adopted,are intended to deal with matters not otherwise covered by State Law,
City Ordinance or elsewhere.
Section I—Meetings
SUBD. 1 —Regular meetings of the Economic Development Authority shall be held on the third(3rd)
Monday of each month at 6:00p.m.Any regular meeting falling upon a holiday shall be held on the
following Tuesday at the same time and place. All meetings, including special and adjourned
meetings, shall be held in the City Hall unless otherwise designated.
SUBD. 2—At the FebruaryAuthority meeting or the next regular meeting of the EDA each calendartYggg
year,the Authority shall (1) acknowledge City Council's designation of the official newspaper; (2)
establish the meeting schedule for the year; (3)choose a Chairperson and a Vice-Chairperson,who
shall perform the duties of the Chairperson during the Chairpersons disability or absence, and in case
of a vacancy in the office of Chairperson, and until a successor has been appointed and qualifies to
fulfill the duties of Chairperson,and; (4) staff will serve as the Secretary/Treasurer.
Section U Presidin2 Officer; Rules of Order
SUBD. 1 —The Chairperson shall preside at all meetings of the Authority. In the absence of the
Chairperson,the Vice-Chairperson shall preside. In the absence of both,the Executive Director shall
call the meeting to order and shall preside until the Authority members present at the meeting choose
one of their members to act temporarily as presiding officer.
SUBD.2—The presiding officer shall preserve order, enforce the rule of procedure herein prescribed,
and determine all questions of procedure and order.Except as otherwise provided by statute or by
these rules,the proceedings of the Authority shall be conducted in accordance with the following rules
of order:
A. A motion must be seconded before beingconsidered b the Authority and the presidingYYPg
officer must recognize mover, as well as the seconder.
B. Any motion may be withdrawn by its mover with the consent of his/her second. But a
motion,once debated, cannot be withdrawn except by a majority vote of the Authority.
C. A motion will not be subject to debate until it has been stated by the presiding officer
and he/she has opened it to debate.
D. Each member,while speaking, shall confine himself/herself to the question at hand and
avoid all personal, indecorous, or sarcastic language.
1
Page 20 of 64
E. Whenever any member of the Authority desires to speak on any question,which affects
him/her personally,he/she shall first vacate his/her chair and shall not resume his/her
seat until the matter under consideration has been acted upon.He/she shall be allowed
to make comments on the question as a private citizen only and while a member of the
audience.
F. Whenever public hearings are held,the presiding officer shall allow any member of the
public,the privilege of speaking. A reasonable time shall be allowed to anyone as long
as they are not repeating points already made. The presiding officer shall maintain
order and may rule anyone out of order.
G. At any meeting,the presiding officer will allow the public to participate as long as there
is reason to believe the input is beneficial.
SUBD. 3—Any member may appeal to the Authority from a ruling of the presiding officer. If the
appeal is seconded,the appealing member may speak first on the reason for his/her appeal. General
discussion can then take place on the appeal before a vote. The appeal shall be sustained if it is
approved by a majority of the members present.
Section III—Agendas
SUBD. 1 —The agenda shall be prepared by the EDA Executive Director and shall be closed at noon on
the Thursday preceding the meeting for publication purposes.
SUBD. 2—Any member may place an item on the agenda by so instructing the Executive Director.
SUBD.3—No item shall be placed on the agenda unless the item is expressed in such a way as to clearly
show the subject matter involved.
SUBD. 4—The agenda add-ons are subject to approval by a majority vote of the members present and
further such add-on items may be discussed, but no action may be taken if any member objects.
2
Page 21 of 64
Section IV—Order of Business
SUBD. 1 —Each meeting of the Authority shall convene at the time and place appointed,
therefore. Authority business shall be conducted in the following order:
1) Call to Order
2) Pledge of Allegiance
3) Roll Call
4) Approve Agenda
5) Consent Agenda
6) Public Hearings
7) Discussion Items
8) Director's Report
9) Adjourn
SUBD. 2—The order of business may be varied by the presiding officer, except that all public hearings
shall be held at the time specified in the notice of hearing.
Section V—Minutes
SUBD. 1 —Minutes of each Authority meeting shall be kept by the Executive Director or, in his/her
absence,his/her designee. Resolutions need not be recorded in full in the minutes if they appear in
other permanent recordsof the Executive Director and can be accurately identified from the
description given in the minutes.
SUBD. 2—Minutes of each meeting shall be reduced to typewritten form. At the next regular
Authority meeting, approval of the minutes shall be considered by the Authority. The minutes need
not be read aloud,but the presiding officer shall call for any additions or corrections. If there is an
objection,the Authority shall vote upon the addition or correction. If there are no additions or
corrections,the minutes shall stand approved by motion. If there is an objection,the Authority shall
vote upon the addition or correction and approve the minutes by motion as amended.
Section VI—Quorum and Voting
SUBD. 1 —At all meetings a majority of all members shall constitute a quorum for the transaction of
business.
SUBD. 2—The votes of members on any question pending before the EDA shall be by voice votes.
Roll call vote can be requested by any member, except for the following agenda items; approval of the
agenda; approval of the consent agenda; and the adjournment. The names of those voting for and
against the question shall be recorded in the minutes. If any member present does not vote,the
minutes shall state: "Abstain:Name".
SUBD. 3—Except as otherwise provided by statute, a majority vote of the quorum shall prevail.
3
Page 22 of 64
Section VII—Executive Director
The Authority may appoint and provide for annual performance review of the Executive Director.
Section VIII—Suspension or Amendment of the By-Laws
SUBD. 1 —These by-laws may be temporarily suspended by a unanimous vote of the members present.
SUBD.2—These by-laws shall not be repealed or amended except by a majority vote of the whole
Authority after notice has been given at some preceding meeting.
Section IX—Effective Date
SUBD. 1 -These by-laws have been adopted by the Economic Development Authority
on the 22"d day of February 2022 and become effective immediately.
Attest:
E A E e utive Di e for EDA Chairperson
Date: Z Z( - 2 Date:
4
Page 23 of 64
ECONOMIC DEVELOPMENT AUTHORITY AGENDA MEMO
To: Economic Development Authority
From: Deanna Kuennen, Community & Economic Development Director
Department: EDA
Subject: 2026 EDA Work Plan
Meeting: Economic Development Authority - Feb 17 2026
INTRODUCTION:
Staff has updated the EDA Work Plan to better reflect how the economic development
activities are integrated to align business attraction, retention, workforce development,
strategic partnerships, planning, marketing, and investment tools into a unified operating
system. The work plan is designed to evolve and emphasizes readiness and responsiveness.
DISCUSSION:
The EDA Work Plan serves as a strategic guide that aligns economic development goals
with budgetary resources. The 2026 EDA Work Plan has been updated to recognize that
economic development works best when it is connected, data-informed, and relationship-
driven. The work plan serves as an integrated framework and builds upon the momentum
and success that Farmington has experienced. The plan also builds in performance
measures and accountability to help inform future program and policy decisions.
The Work Plan is divided into the following, integrated components:
Continuous Operations Strategy & Resilience
Strategic Partnerships & Priority Marketing Channels
Program Advancement & Strategic Investment
Performance Measures & Accountability
Calendar of Events
Approved Budget
ACTION REQUESTED:
The EDA is asked to discuss and confirm their commitment to the work plan.
ATTACHMENTS:
2026 EDA WorkPlan
Page 24 of 64
City of Farmington
Economic Development
Authority
Economic Development
Annual Work Plan
Presented 2.17.26
Page 25 of 64
The City of Farmington Economic Development Authority (EDA) Economic
Development Work Plan is a strategic guide focused on proactively creating a strong,
growing local economy that supports businesses of all sizes today and into the future. This
work plan aligns economic development goals with budgetary resources to ensure 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 recognizes that economic development works best
when it is connected, data-informed, and relationship-driven. Collectively the work plan
serves as an integrated framework that aligns business attraction, retention, workforce
development, strategic partnerships, planning, marketing, and investment tools into a
unified operating system. The work plan emphasizes readiness and responsiveness to allow
action when opportunities arise.
The Economic Development Work Plan is intentionally designed to evolve. Performance
measures, market feedback, and ongoing engagement with businesses and partners will
inform future program and policy decisions. Refinements to the work plan should be
expected, allowing Farmington to remain agile while continuously working towards the city’s
long-term goals.
This work plan is about being unexpectedly BOLD to create an environment where business,
people, and investments can succeed.
The Economic Development Work Plan is divided into the following components:
• Continuous Operations Strategy & Resilience
• Strategic Partnerships & Priority Marketing Channels
• Program Advancement & Strategic Investment
• Performance Measures & Accountability
• Calendar of Events
• 2026 Approved Budget
Page 26 of 64
Business Attraction & Investment
Readiness
Business Retention, Expansion &
Workplace Alignment
Land, Property &
Market Intelligence
Community Visibility &
Economic Momentum
Relationship Building &
Strategic Partnerships
Business Advocacy &
Navigation
Incentives, Programs, &
Resource Leveraging
Continuous
Operations Strategy
& Resilience
Program Development &
7IǻRIQIRX
Land Readiness & Strategic
Acquisition
Workforce & Education
Partnerships
Entrepreneurship & Small
Business Ecosystem
Development
Benchmarking & Best Practices
Targeted Studies & Proactive
Planning
Program
Advancement &
Strategic Investment
Economic Development Work Plan Ecosystem
Minnesota Real Estate Exchange
Retail Real Estate Network
Website
Storytelling
Marketing Assets
Minnesota Real Estate Journal
Strategic
Partnerships &
Priority Marketing
Channels
Pa
g
e
2
7
o
f
6
4
CONTINUOUS OPERATIONS STRATEGY & RESILIENCE
Ongoing operations encompass the daily activities and functions carried out by Staff
under the economic development framework. These efforts focus on maintaining a
constant state of readiness, strong relationships, and proactive systems that support
business investment, retention, and long-term resilience today and into tomorrow.
In 2026 –strategies associated with daily activities and ongoing functions include:
Business Attraction & Investment
Readiness
Ensuring Farmington is consistently
prepared to compete for and secure new
investment.
• Responding to RFIs and site searches
(DEED, Greater MSP, utilities, county,
etc.)
• Organizing and hosting site selection
visits
• Serving as an ombudsman through
permitting and entitlement
• Identifying and advancing strategic
development sites
Business Retention, Expansion, &
Workforce Alignment
Supporting existing businesses and
strengthening the local economy from
within because existing businesses are the
most reliable source of job growth. Meeting
businesses where they are at allows
Farmington to support them in their growth.
• Conducting business visits and
outreach
• Understanding industry composition
and growth needs
• Facilitating connections with local
community colleges
• Aligning programs and resources to
business needs
Land, Property, & Market Intelligence
Maintaining accurate and comprehensive
data to support informed, timely decision-
making because quality data reduces risk.
• Maintaining a database of available
land and buildings
• Analyzing market conditions and
strategic sites
• Meeting with landowners to
understand timing, constraints, and
opportunities
Relationship Building & Strategic
Partnerships
Leveraging regional, state, and private-
sector relationships to amplify impact.
Strong networks create collaboration,
access to opportunities, exposure, and
pathways forward.
• Attending business and economic
development events
• Working with regional and statewide
partners
• Serving on committees and holding
leadership roles
Page 28 of 64
Business Advocacy & Navigation
Helping business move efficiently through
processes and toward successful
outcomes. Positive experiences and good
customer service enhance reputation and
encourage open communication for future
interactions with businesses at critical
junctures.
• Acting as a liaison between
businesses and City departments
• Assisting with entitlement and start-
up coordination
• Connecting businesses to appropriate
internal and external resources
Incentives, Programs, & Resource
Leveraging
Maximizing available tools to support
business and economic growth.
Diversifying funding sources stretches
local levy funds.
• Staying current on state, federal, and
regional funding programs
• Connecting businesses to grants,
loans, and incentive programs
• Aligning external resources with local
priorities
Community Visibility & Economic
Momentum
Celebrating success and reinforcing
Farmington’s story. Momentum matters
and all business and investments are part
of the Farmington story.
• Coordinating enhanced ribbon
cuttings and groundbreakings
• Highlighting business investments and
expansions through social media and
other story telling opportunities
Page 29 of 64
STRATEGIC PARTNERSHIPS & PRIORITY MARKETING CHANNELS
Economic development is most effective when it operates as a connected system rather than in
isolation. Advancing Farmington’s economic development goals requires the intentional
formation and cultivation of strategic partnerships that expand Farmington’s reach, credibility,
and access to decision-makers.
Strategic partnerships strengthen Farmington’s visibility and influence among site consultants,
brokers, developers, business leaders, and industry representatives – key audiences that shape
location decisions and investment outcomes. By maintaining consistent engagement with
these partners, Farmington’s unexpectedly BOLD vision is understood, recognized, and
effectively communicated at critical points in the business and site selection process.
Staff will continue to prioritize partnerships and marketing channels that deliver exposure,
meaningful relationships, and real investment outcomes, reinforcing both continuous
operations and long-term economic resilience.
In 2026 –strategic partnerships and priority marketing channels include:
Minnesota Real
Estate Journal
The Minnesota Real Estate Journal is a leading platform within the
commercial real estate industry, providing news, insights, and high-
value networking opportunities. Through this partnership, the City of
Farmington participates in MREJ-hosted events throughout the year,
including a minimum of four guaranteed speaking engagements.
These events attract brokers, developers, investors, real estate
professionals, and financial institutions. By consistently serving as
subject-matter experts on industry panels and maintaining a visible,
professional presence, staff elevate Farmington’s profile, build
credibility, and generate sustained interest in local investment
opportunities.
This partnership has already produced tangible results. Through
MREJ-facilitated connections, staff have secured meetings with
brokers, developers, business representatives, and financial
institutions. One such relationship resulted in a $40+ million private
investment in Farmington that would not have otherwise occurred,
while additional developers and site selectors continue to evaluate
future opportunities within the community.
An added benefit of this partnership is the ability to contribute
written content to MREJ publications. Farmington was featured in a
2024 article and will continue to pursue timely, informative
submissions that highlight development momentum, strategic sites,
and the City’s evolving economic narrative.
Page 30 of 64
Minnesota Real
Estate Exchange
Staff will continue to engage with the Minnesota Real Estate
Exchange to strengthen relationships within the brokerage and
development community, monitor market trends, and maintain
awareness of emerging opportunities that align with Farmington’s
economic development vision.
The Minnesota Real Estate Exchange (MREE) is a long-standing
networking organization focused on commercial real estate deal-
making and collaboration. Through this partnership, Farmington
engages with a diverse group of brokers, developers, investors,
lenders, and service providers at regular exchange meetings. These
sessions provide a platform to present available properties, learn
about market trends, and connect with decision-makers actively
seeking new opportunities.
Participation in MREE strengthens Farmington’s visibility within the
investment community and fosters relationships that lead to tangible
outcomes. By sharing development-ready sites and listening to
investor needs, staff position Farmington as a proactive partner in
regional growth. These connections often result in direct
conversations with developers and capital providers that create
opportunities that might not surface through traditional channels.
Retail Real Estate
Network Minnesota
Participation in the Retail Real Estate Network supports
Farmington’s retail recruitment and expansion efforts by connecting
staff with retail brokers, developers, and national site selectors.
These relationships provide early insight into retail trends and enable
proactive positioning of Farmington’s commercial opportunities.
The Retail Real Estate Network Minnesota (formerly MSCA) is a
premier hub for retail real estate professionals including developers,
owners, brokers, managers, and service providers. This professional
network focuses on building meaningful relationships, advancing
careers, and shaping Minnesota’s retail landscape.
Through regular networking and educational events, covering market
outlooks and leadership development, staff engage with key retail
industry stakeholders. These gatherings offer platforms to highlight
storefront opportunities, stay informed on market trends, and foster
connections with retail (and other) decision-makers.
Page 31 of 64
Marketing & Brand Strategy: Unexpectedly BOLD
Staff will continue to build on the momentum of the Unexpectedly Bold economic
development brand. When paired with authentic storytelling and layered marketing tactics, the
campaign has proven effective in generating conversation, curiosity, and results.
At a minimum, Unexpectedly Bold serves as a compelling entry point—prompting engagement
and dialogue (“Unexpectedly Bold? How so?”). More importantly, it reinforces Farmington’s
identity as a community that is proactive and willing to pursue opportunities in creative ways.
Staff will continue refining and expanding a flexible suite of marketing materials that can be
customized for specific events, audiences, and industries. This approach ensures relevance
while maintaining consistent messaging and brand integrity.
The 2026 Focus Areas:
Website Increase the visibility of Unexpectedly Bold
branding across economic development
sections of the city’s website to strengthen
internal and external alignment, ensure
brand consistency, and highlight outcome
Storytelling Expand the campaign’s reach through
enhanced multimedia storytelling, including
video content (such as drone footage) and
participation in relevant podcasts.
Marketing Collateral Pursue creative, “out-of-the-box” marketing
opportunities that elevate Farmington’s
profile and draw attention to available sites,
development momentum, and business
success stories
Page 32 of 64
PROGRAM ADVANCEMENT & STRATEGIC INVESTMENT (TOOLKIT)
The EDA plays a critical role in fostering a strong, diverse, and resilient local economy by offering
targeted programs and making strategic investments. Historically, the EDA has offered grant and
incentive programs designed to support Farmington’s valued small business community. These
programs have been intentionally structured to meet businesses where they are, reduce barriers to
growth, and support long-term success, all which continue to be priorities of the EDA.
As Farmington continues to position itself as a competitive and desirable location for business
investment, it is increasingly important to also leverage external resources alongside local initiative
when applicable, to maximize impact and drive results.
In 2026 the EDA will refine its’ toolkit to ensure the City remains responsive to market conditions,
aligned with business needs, and support both entrepreneurship and business attraction.
Program Development & Refinement
Using insights gained through business visits,
market analysis, and engagement with
economic development partners to identify
gaps and opportunities within the existing
program framework – new and refined
program concepts will be developed and
brought forward to the EDA as
implementation-ready recommendations,
allowing for efficient consideration and
timely deployment.
Potential Program Initiatives may include:
• Re-establishing the Micro Grant
Program with updated criteria to
better align with current business
needs and market conditions
• Developing a Local SAC Grant
Program to offset the City’s SAC
costs for select industries or
development areas aligned with
Farmington’s economic development
priorities
• Re-evaluating relocation incentives to
support business attraction and
reduce upfront costs associated with
locating or expanding in Farmington
Land Readiness & Strategic Acquisition
Understanding how the EDA can assist in
moving land through the shovel readiness
spectrum or adding land to the available
inventory to support long-term goals is
essential. The EDA is not a developer but is in
the unique position to understand what
developers need from a land perspective,
what reduces perceived risk, and how
strategic acquisition (with the ability to hold)
can serve a long-term vision for the city.
Potential Actions may include:
• Identifying strategic parcels for
potential acquisition based on
economic development goals
• Working with property owners for
enrollment in DEED’s shovel ready
program
• Environmental studies
• Concept plan development
Page 33 of 64
Workforce & Education Partnerships
A resilient economy depends on a strong and
adaptable workforce. Staff will collaborate
with local educational partners to strengthen
workforce pipelines that support Farmington
businesses. This effort will focus on
developing short-, mid-, and long-term
initiatives that connect employers to existing
educational and training resources and bring
innovative opportunities forward.
These collaborations may take multiple
forms but will emphasize:
• Improving awareness of available
workforce and training programs
• Enhancing connections between
businesses and educational
institutions
• Aligning workforce development
efforts with current and anticipated
industry needs
Entrepreneurship & Small Business
Ecosystem Development
Building on the 2025 work session
conducted with the University of Minnesota
Extension, targeted entrepreneurial
initiatives will be advanced designed to
strengthen Farmington’s local ecosystem.
Once established, staff will engage directly
with entrepreneurs and small business
owners to better understand where
additional support, programming, or
coordination could meaningfully enhance
the local business environment.
Initial efforts will focus on:
• Identifying, cataloging, and
coordinating existing entrepreneurial
resources and activities currently
available within the community and
region.
Benchmarking & Best Practices
To ensure Farmington remains competitive
and forward-looking, staff will research
economic development programs
implemented in peer and comparable
communities. This benchmarking effort will
evaluate program structure, eligibility
criteria, funding levels, and outcomes to
determine applicability and potential
adaptation for Farmington.
Page 34 of 64
Targeted Studies & Proactive Planning
Strategic studies and pre-development
planning are helpful tools for reducing
uncertainty and accelerating investment.
Building on the successful Grocery Market
Analysis completed in 2025, staff will pursue
additional studies that advance
Farmington’s economic development goals.
Potential initiatives may include:
• Conceptual site plans for priority
development or redevelopment
areas, developed in collaboration
with property owners
• Pre-entitlement or planning efforts
that elevate the shovel-readiness of a
site and allow sites to be proactively
marketed to developers and site
selectors
Page 35 of 64
Performance Measures & Accountability
To ensure accountability and continuous improvement, the following demonstrates high-level
performance measures that will be used to track progress and inform future program and policy
decisions. These measures emphasize readiness, responsiveness, and Farmington’s ability to
adapt over time.
Business Attraction & Investment Readiness
• Number of RFIs and site search requests responded to annually
o Follow-up engagements associated with RDI responses
• Number of new development projects initiated or advanced
• Building permit data & valuation
• Number of meetings with landowners
Business Retention, Expansion & Workforce Alignment
• Number of business visits conducted annually
• Number of workforce or training connections facilitated with educational partners
Strategic Partnerships & Marketing
• Number of strategic partner engagements and events attended
• Number of speaking engagements, panels, or leadership roles held
o Follow-up engagement associated with speaking engagements
• Tradition media engagement – articles, or features highlighting Farmington
• Social media posts specific to economic development activities and initiatives
• Website traction
EDA Programs & Investment Toolkit
• Number of EDA programs evaluated, refined, or launched
• Level of EDA funding deployed and/or leveraged with external resources to support
business
• Number of businesses assisted through grants or incentive programs
Entrepreneurship & Small Business Ecosystem
• Number of entrepreneurial resources identified and coordinated
• Number of entrepreneurs or small businesses engaged
• Participation in entrepreneurial programming or support initiatives
• New business startups or expansions supported
Proactive Planning & Market Intelligence
• Number of studies or analyses commissioned or completed
• Number of priority sites with pre-development planning completed
• Sites proactively marketed to developers or site selectors
Page 36 of 64
Calendar of Events
January July
• MREJ Apartment Summit
• EDAM Winter Conference
• Partner Presentation/Tour to EDA
• Small Business Resource Fair - Tentative
• Partner Presentation/Tour to EDA
February August
• Greater MSP Next 2025
• Partner Presentation/Tour to EDA
• MREJ Golf Tournament Sponsor
• MAEDC Conference
• Chamber – State of the County
• Partner Presentation/Tour to EDA
March September
• MREJ – Land Development Summit – speaker
• Greater MSP Next26
• Partner Presentation/Tour to EDA
• MREE – CRE Purchase and Sales Agreements
• RRENM – Economic & Retail CRE Outlook
• 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
• Partner Presentation/Tour to EDA
• MREE – Marketing Session – Moderated
Packages
• City of Farmington hosted Chamber
Coffee Break
• Manufacturing Month
• Partner Presentation/Tour to EDA
May November
• MREJ – Commercial Real Estate Awards
• MREJ Southeast Metro Development Summit –
Speaker
• Partner Presentation/Tour to EDA
• MREE – State of the Market
• Small Business Month
• MREJ – Industrial Real Estate Summit –
speaker
• SLP Site Selector Visits
• Partner Presentation/Tour to EDA
• RRENM – State of Retail
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
The full calendars for MREE and RRENM are not built out yet; staff will attend events as appropriate
for the City of Farmington. As staff learn more about and join these organizations, we anticipate
having opportunities as speakers and sponsors providing the city with more exposure.
Page 37 of 64
Company Object
Account
Actual
2021
Actual
2022
Actual
2023
Actual
2024
Actual
2024
Actual
2025
Actual
2026 2026 Budget Comments
INCOME
HRA/ECONOMIC DEVELOPMENT4011 - CURRENT PROPERTY TAX 0 0 0 0 (150,000)(250,000)(250,000)maintains 2025 levy amount
HRA/ECONOMIC DEVELOPMENT4955 - INTEREST ON INVESTMENTS (3,136)(3,425)(6,929)(4,540)(1,000)(2,600)(5,200)
HRA/ECONOMIC DEVELOPMENT5205 - OPERATING TRANSFERS (40,000)(50,000)(86,969)(50,000)(50,000)0 0 eliminated in 2025 and levy increased to
eliminate transfer
(255,200)
EXPENSES
HRA/ECONOMIC DEVELOPMENT6280 - BOOKS & SUBSCRIPTIONS 80 0 0 0 150 150 150 Misc. business publications
HRA/ECONOMIC DEVELOPMENT6401 - 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/ECONOMIC DEVELOPMENT6403 - LEGAL 2,287 0 9,245 831 3,000 3,000 3,000 legal support - complex issues, program
review, document prep, etc.
HRA/ECONOMIC DEVELOPMENT6426 - INSURANCE 542 486 580 157 600 600 600
HRA/ECONOMIC DEVELOPMENT6445 - POSTAGE/SHIPPING FEES 0 0 0 0 1,000 1,000 1,000 misc. mailings - program related, direct
mailings, etc.
HRA/ECONOMIC DEVELOPMENT6450 - OUTSIDE PRINTING 4,572 0 2,042 422 2,500 3,000 3,000 SWAG for events, new banners, marketing
materials, program postcards, etc.
HRA/ECONOMIC DEVELOPMENT6455 - LEGAL NOTICES 92 0 792 0 500 500 500
HRA/ECONOMIC DEVELOPMENT6460 - MEMBER DUES & LICENSURE 1,250 1,790 2,989 8,260 3,500 8,500 8,500 Chamber, EDAM, MAEDA, MMP, other (in
2024 these were included in "other" line
item)
HRA/ECONOMIC DEVELOPMENT6470 - TRAINING & SUBSISTANCE 1,638 2,589 2,828 1,320 5,000 5,000 5,000 Includes EDAM winter & summer (2),
CORENet, MAEDC, other specific econ dev
organizations
HRA/ECONOMIC DEVELOPMENT6480 - MEETING EXPENSE 11 183 350 109 500 500 coffe/donuts for meetings and open
houses
HRA/ECONOMIC DEVELOPMENT6485 - MILEAGE REIMBURSEMENT 410 1,324 3,270 1,392 3,000 5,100 5,100
HRA/ECONOMIC DEVELOPMENT6492 - ADVERTISING 0 0 8,715 0 0
HRA/ECONOMIC DEVELOPMENT6505 - EQUIPMENT REPAIR/MAINTENANCE1,296 1,200 0 0 1,000 1,000 1,000
HRA/ECONOMIC DEVELOPMENT6550 - DEVELOPER PAYMENTS 37,923 16,510 20,176 0 50,000 50,000 50,000 program development - new incentives
HRA/ECONOMIC DEVELOPMENT6570 - PROGRAMMING EXPENSE 5,240 5,200 5,150 5,500 10,000 85,000 85,000 payment to outside organizations for
programming - ex: Open to Business;
Enhanced marketing, matching grant
funds, project implementation, site
readiness, land activity, etc.
HRA/ECONOMIC DEVELOPMENT6910 - LAND 0
HRA/ECONOMIC DEVELOPMENT7420 - 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
2025 and that is continued188,350 TOTAL BUDGET
91,377 (47,141)(25,961)13,900 (51,000)(64,250)(66,850)REMAINING BALANCE - TBD/Build Fund
Balance for larger initiatives
2026 EDA BUDGET
Page 38 of 64
ECONOMIC DEVELOPMENT AUTHORITY AGENDA MEMO
To: Economic Development Authority
From: Deanna Kuennen, Community & Economic Development Director
Department: EDA
Subject: Economic Development Potential Incentives Discussion
Meeting: Economic Development Authority - Feb 17 2026
INTRODUCTION:
Traditionally the EDA has 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 have varied in size and targeted objective, with the last
program better to data gathering been has then, Since 2023. in approved Staff
support increase businesses, small our to funds limited leverage to how understand
development and business growth, enhance business attraction opportunities, and build
the local entrepreneurial ecosystem. Before proposing specific programs, the EDA is asked
to review past programs and discuss how these relate to current needs.
DISCUSSION:
Over the last few years, Staff has been meeting with and listening to businesses, employers,
developers, entrepreneurs, and prospects - to understand their needs. These conversations
are important to guide the type of program development that support businesses of all
sizes, maximize impact, and drive results. From these conversations specific initiatives have
been launched, such as the "AI For Business" trainings in conjunction with Dakota County
Technical College and the 15-minute courtesy parking spot trial that will be installed this
spring. Last year, Staff also proposed a revolving loan program (IMPACT), which was
intended to provide a suite of tools that would support capital investments through a
combination of low-interest loans and forgivable loans (grants). That program was not
approved. needs, the evaluate to continued has regrouped Staff then, Since and
analyzed past programs, and researched successful programs offered by other
communities.
The basic financial needs of businesses, based on input and feedback, fall into the
following categories:
Micro grants - to help with various business expenses
Building improvements - signs, code issues, SAC fees
Site-Readiness - concept plans, access
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These needs are consistent with the programming that has been offered in the past. Staff
has prepared a summary of the financial incentive programs (attached). The EDA is asked
to discuss the pros/cons, strengths/weaknesses of the past programs with the added lense
of the current business environment and economic development goals. Based on this
discussion, Staff is seeking direction that will be incorporated into proposed programming
that will be brought back at a future meeting for consideration.
BUDGET IMPACT:
$50,000 included in the 2026 EDA Budget for program development
ACTION REQUESTED:
Review and discuss past EDA financial incentive programs and provide direction for new
programming.
ATTACHMENTS:
2026 Incentive Summary
Redevelopment and Property Reinvestment Program Guidelines
Site Readiness Program Guidelines
2021 Dwntwn Facade Imp Program
Microgrant Guidelines
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FINANCIAL INCENTIVE PROGRAM HISTORY - SUMMARY
Redevelopment &
Property Reinvestment
(2022)
Site Readiness (2019) Downtown Façade
Improvement Program
(2021)
Micro Grant Program
(2023)
Objectives Focus on retaining,
reinvesting, and
reinvigorating underutilized
buildings within
commercial and industrial
areas.
Preparing land sites for
development (industrial,
highway, heavy business
use)
Leverage investments in
B-2 and B-3 zoned
commercial buildings
downtown for façade
and exterior
improvements.
Support small businesses
by providing micro
infusions of cash into
local businesses to be
used for a variety of
purposes to help that
business thrive.
Eligible
Properties
Properties used for
commercial and/or
industrial uses
Land in I-1, IP, B-1, B-3 Commercial buildings
zoned B-2 or B-3 in the
downtown area
Businesses located within
the municipal boundaries:
• Working with or
have worked with
business coach
Eligible
Improvements
Permanent property,
building, and code
improvements. Examples:
• Building demo
• Construction, reno,
expansion
• Contamination
remediation
• Correction of code
violations
Actions that prepare sites
for development. The
criteria for determining if
land is shovel-ready,
include:
• Ownership/title
cleared and ready
for sale
• Proper zoning in
place
Façade and exterior
improvements for
front/rear of buildings to
include:
• Awnings
• Paint
• Tuck pointing
• Exterior lighting
• Decorative
signage
Variety of purposes.
Designed to meet
businesses where they
are at. Example uses
include:
• Point of sale
systems
• Websites
• Social media
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• Install/connection to
city sewer and/or water
• Electrical, plumbing,
mechanical work
• Fixing deterioration or
blight
• SAC and/or WAC credits
• Sprinklering a building
• Etc.
• Survey/studies
completed
• Permitting
agencies posed for
approvals
• Infrastructure
within reasonable
access
• Compatible
adjacent land use
• Conceptual site
plan and general
covenants
• Windows
• Doors
• Gutters
• Accessibility
improvements
• Permanent patios
• Utility screening
• Dumpster
enclosures
• Signage
• Relocation
expenses within
Farmington
• Building
improvements
Funding $30,000 $25,000
Grant
Amounts
Not to exceed $10,000 Up to $5,000 $1,500-$10,000 max $2,500 max
Structure 1:1 Match
Reimbursement Program
One grant per year per
property
1:1 Match
One grant per property
within one year from initial
application
1:1 Match
Reimbursement or paid
to contractor directly
One grant per property
within one year from
initial application
1:1 Match
One grant approval per
year per business
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Redevelopment and Property
Reinvestment Program Guidelines
2022
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City of Farmington
Redevelopment and Property Reinvestment Program
Program Objectives
In coordination with the EDA Workplan and city adopted plans such as the 2040
Comprehensive Plan, Downtown Redevelopment Plan and Highway 3 Corridor Plan, it has been
acknowledged that redevelopment needs to focus on retaining, reinvesting and reinvigorating
underutilized buildings within commercial and industrial areas of the city.
For 2022, the Economic Development Authority (EDA) has made financial grants available for
projects which focus on property, building and code improvements which are otherwise seen
as barriers for reinvestment, reuse and redevelopment of a property. The intent of the program
is to foster investments and improvements into commercial and industrial properties which
fosters business growth, efficiency and increases the productive use of existing infrastructure.
Eligible Properties
Any property within the City of Farmington where the primary use of the property and
building(s) is for business (commercial and/or industrial). If you are unsure if your property is
eligible or if you qualify for this program, please contact city staff who will assist you.
Eligible Improvements
Funds may be used for property, building and code improvements which are permanent and
anchored to the site of improvements. The project utilizing grant funds must go towards a
project which helps redevelop, maintain and/or expand the variety of business uses on the
existing property and infrastructure. Applicants which can outline how the project provides the
potential to create or retain jobs as well as increase revenue and/or efficiency of a business
operation will receive higher scoring. Please refer to the scoring rubric on page 4.
Funds may be used for, but not limited to:
• Building demolition costs in a project which will redevelop the property.
• Construction, renovation or expansion of buildings.
• Contamination remediation.
• Correcting code violations (city, building and/or fire code).
• Installation and connection to city sewer and/or water.
• Permanent electrical, plumbing or mechanical work.
• Preventing and/or fixing deterioration and blight of structure(s).
• Property upgrades to comply with ADA requirements (e.g. install an elevator).
• Reconfiguration of interior space to suite a new user or provide lower cost space.
• SAC and/or WAC credits.
• Sprinkling a building.
• Other improvements similar in nature to the above – contact city staff with questions on
project eligibility.
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Ineligible Improvements
• Acquisition costs.
• Any improvement(s) temporary in nature (furniture, equipment, etc.) which can be
removed when the owner/tenant leaves.
• Business and operating costs.
• Costs to the applicant prior to EDA acceptance and grant agreement execution.
Funding
The EDA utilizes $30,000 of its annual operating budget to fund the Redevelopment and
Property Reinvestment Program and will contribute up to a maximum of 50% of eligible
project costs. Grants typically will not exceed $10,000. Only one grant approval is allowed per
year per property.
All grants require a minimum 1:1 funding match from the applicant.
This is a reimbursement program. You must complete and pay for the project in full before you
will be issued a reimbursement check. All program requirements must be met and the
applicant must provide a receipt of evidence of paid invoice(s) with a breakdown of itemized
costs before a reimbursement check is issued.
Historic Properties
The City of Farmington is a Certified Local Government under the Historic Preservation Act.
Each project submitted for review that is determined eligible for designation or is a heritage
landmark property will be reviewed as outlined in city code to receive a Certificate of
Appropriateness. This requires additional Planning Commission review for the project.
Grant Terms & Requirements
If approved, a grant agreement will be executed between the applicant and the City of
Farmington outlining all requirements which must be met by the applicant before funding is
released. Once the grant agreement is executed, the applicant has 90 days to begin the project.
The project must be completed by July 1, 2023. If construction work does not begin within 90
days of the grant agreement execution, the grant agreement is null and void. The applicant may
apply for one extension if necessary which will be reviewed on a case-by-case basis.
Data Privacy
All information provided by applicants under the Redevelopment and Property Reinvestment
Program shall be maintained in accordance with the Minnesota Data Practices Act.
Permits
All improvements must obtain any required approvals and/or permits. All construction
management is your responsibility.
Property Inspections
Upon determination that the applicant(s) applying for financial assistance is eligible based on
the program guidelines, the Building Official may conduct an inspection of the property to
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determine if the proposed improvements conform with City of Farmington building code
standards.
Grant Approval Process
Step One: Be sure you meet program requirements
• The property receiving grant dollars must be used for business purposes.
• The property is up-to-date on all property taxes and is in good standing with the city.
• This is a reimbursement program. You must complete and pay for the redevelopment
and reinvestment project in full before the EDA will issue a reimbursement check. All
program requirements must be met before reimbursement is issued.
Step Two: Contact Community Development city staff with any questions you have
before applying for the program. Possible project discussion can occur over the phone, email,
virtually or in-person. Community Development staff can be reached at 651-280-6800.
• Properties which are a designated historic property may require Planning Commission
review and approval for a Certificate of Appropriateness before a grant can be
approved.
Step Three: Submit a completed Redevelopment and Property Reinvestment
Program Application.
A completed application includes:
• Filled-out application.
• Photo(s) of current area to be redeveloped and reinvested in.
• Rendering and/or plan drawings showing proposed improvement.
• Contractor bids (minimum two) with a breakdown of itemized costs.
• Proof of insurance on the building and/or property to be improved.
Step Four: Application review and grant selection.
Completed applications will be accepted from March 1, 2022 – June 30, 2022. All applications
must be submitted no later than 4:30 p.m. on June 30. The EDA will award grants at their July
2022 Regular Meeting.
Applications competing for funding will be graded and selected based on the scores received.
Please reference scoring criteria to review how redevelopment and reinvestment projects will
be graded if applications exceed available funding. The EDA reserves the right to approve or
reject projects on a case-by-case basis taking into consideration established policies, project
criteria and Redevelopment and Property Reinvestment Program demand. Meeting program
criteria does not guarantee the award of business assistance to the project. Approval or denial
of any project does not set a precedent for approval or denial of another project.
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Scoring System 1 2 3 4 5 Rationale
Age of Building <30 Years
(Built Since 1992)
31-60 Years
(Built 1991-1962)
61-90 Years
(Built 1961 - 1932)
91-120 Years
(Built 1931-1902)
121+ Years
(Built Before 1902)
Older buildings typically need reinvestment or
redevelopment to reach full business capacity
or capabilities. This criteria aims to support
business in older buildings in the community
as well as business retention efforts.
Business Size 51+ Employees 26-50 Employees 11-25 Employees 6-10 Employees 5 or Fewer
Employees
Statisically, smaller businesses have less cash
buffer than larger businesses. This criteria
aims to stablize the ability for all businesses to
complete reinvestment or redevelopment
projects.
Total Cost of the
Project <$10,000 $10,001-$20,000 $20,001-$30,000 $30,001-$50,000 $50,001+
The higher the ratio of private investment vs.
public grant dollar investment, the higher the
scoring will be.
Current Conditions
of the Building
and/or Property
Good: Suitable for
continued use with
normal maintenance.
Satisfactory: Requires
some restoration to
represent “good”
condition.
Fair, Poor, or
Unsatisfactory:
Conditions adversely
impact building and
business operations
in some capacity.
Buildings and properties which need
redevelopment or reinvestment projects to
achieve full business potential will receive
higher scoring.
Minority, Women,
Veteran and/or
Immigrant
Ownership
No M/W/V/I
Ownership ---Ownership is
M/W/V/I
Statisically, M/W/V/I businesses have less cash
buffer than other businesses. This criteria aims
to stabilize the ability for all businesses to
complete projects.
Does the Project
Directly Relate To
An Increase In
Business
Productivity,
Revenue, Capacity
or Employee Size?
No ---Yes
Redevelopment and reinvestment grants are
intended to help a business or property owner
increase business productivity, revenue,
capacity or employee size. If the project is able
to accomplish that objecitve, the scoring will
reflect that.
Have You Received
an EDA Grant
Previously?
Yes ---No
Redevelopment and reinvestment grants
intend to be accessible to all businesses.
Preference will be given to those businesses
who have not previously received EDA grants.
Office Use Only – Please leave blank
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Site Readiness Program
Guidelines and Application
2019
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City of Farmington
Site Readiness Program
The Economic Development Authority (EDA) has made funding available to land owners to be
used for preparing their land for development.
Eligible Properties
Land owners in the I-1 (industrial), IP (industrial park), B-1 (highway business) and B-3 (heavy
business) districts as defined on the attached map.
Funding Source
EDA fund balance. Grants will be made in an amount of up to $5,000 each.
Grant Terms & Requirements
No more than one grant may be granted per property within one year from the initial
application. A 1:1 match is required by the applicant. For every dollar contributed to funding
eligible project costs, the applicant must contribute at least one dollar. The amount of grants
to be awarded shall be up to $5,000.
Program Objectives
The intent of this program is to leverage investment in the development of land for industrial,
highway or heavy business use by providing matching grants for preparing sites for
development. The criteria for determining if land is shovel ready includes:
Ownership/title cleared and ready for sale
Proper zoning in place
Surveys/studies completed
Permitting agencies posed for approvals
Infrastructure within reasonable access
Compatible adjacent land use
Conceptual site plan and general covenants
Program Definitions
Program Administrator
The Program Administrator shall be the city of Farmington Economic Development Authority,
430 Third Street, Farmington, MN 55024, phone 651-280-6820.
Applicant
Any land owner within the I-1 (industrial), IP (industrial park), B-1 (highway business) or B-3
(heavy business) districts (see attached map) seeking to obtain assistance under the terms of
this program.
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Project Coordinator
The Project Coordinator for the program shall be the Executive Director of the EDA.
Target Area
Locations that are in the I-1 (industrial), IP (industrial park), B-1 (highway business) or B-3
(heavy business) as shown on the attached map.
Eligible Improvements: Funds may be used for fulfilling the shovel ready criteria listed under
program objectives.
Special Conditions
Data Privacy
All information provided by applicants under the Site Readiness Program shall be maintained
in accordance with the Minnesota Data Practices Act.
Procedures
Application Intake
Applications are accepted on an ongoing basis and are reviewed based upon funds availability
and in the order received. Applications will be reviewed for participation in the program based
upon the following guidelines:
1. Whether the applicant has clear title to the property to be improved. Prior to project
approval, the following will be ascertained:
a. Title verification;
b. All real estate taxes and any city fees or charges are current;
c. All individuals having an ownership interest, including contract holders, have
agreed in writing to join in the application;
2. The extent to which the project meets the program objectives;
3. The degree of the project’s overall impact on the surrounding area.
If necessary, applications competing for limited funds may be selected based upon these
criteria.
Project Approval
The final application will be approved by the Farmington EDA, following review by city of
Farmington staff and recommendation of the project coordinator.
Approval by the Economic Development Authority (EDA)
The contract for work to be completed will be between the applicant and the contractor. Once
the applicant has accepted a bid, staff will prepare the information for presentation to the
EDA. Upon EDA approval, a Grant Agreement will be signed by the applicant and a designated
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city official. This agreement will outline the terms and conditions of the project, including the
city’s role and the applicant’s responsibilities, and any corrective actions to be taken in the
event of a dispute.
Hold Harmless
The owner and the contractor shall indemnify and hold harmless the city of Farmington, the
Farmington EDA, employees, and officials from any damages or liability arising from, or
occurring as a result of, the activities funded through this program.
EDA Payment
All EDA funds will be disbursed by the EDA upon authorization by the owner and the city of
Farmington. Payments will be made only after all work has been completed according to the
authorized scope of work, and has been accepted by the owner.
Payment may be made directly to the contractor or in reimbursement to the owner, upon
presentation of paid receipts for approved work to the Project Coordinator.
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Downtown Façade Improvement Program
Guidelines and Application
2021
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City of Farmington
Downtown Façade Improvement Program
In conjunction with the Downtown Redevelopment Plan, the Economic Development Authority
(EDA) has made funding available to commercial buildings zoned B-2 or B-3 in the downtown
area to be used for building façade and exterior improvements.
Eligible Properties
Commercial buildings zoned B-2 or B-3 in the downtown area as shown on the attached map.
Funding Source
EDA fund balance of $20,000 annually. Grants will be awarded according to the following
scale:
Grant Amount 1:1 Match Project Amount
$1,500 - 2,500 $3,000 – 5,000
$2,501 – 5,000 $5,001 - 10,000
$5,001 - 10,000 $10,001 - 20,000+
Grant Terms & Requirements
No more than one grant may be granted per property within one year from the initial application.
A 1:1 match is required by the applicant. For every dollar contributed to funding eligible project
costs, the applicant must contribute at least one dollar. The amount of grants to be awarded shall
be $1,500 up to $10,000 according to the scale.
Program Objectives
The intent of this program is to leverage investment in the B-2 and B-3 zoned commercial
buildings in the downtown area by providing matching grants of $1,500 up to $10,000 according
to the scale, for façade and exterior improvements. As part of the Downtown Redevelopment
Plan, business owners are encouraged to improve their buildings’ front and back curb appeal
through façade improvements such as awnings, paint, tuck pointing, exterior lighting, decorative
signage, windows, doors, gutters, accessibility improvements, permanent patios, utility
screening, dumpster enclosures, etc.
Program Definitions
Program Administrator
The Program Administrator shall be the City of Farmington Economic Development
Authority, 430 Third Street, Farmington, MN 55024, phone 651-280-6820.
Applicant
Any commercial building zoned B-2 or B-3 within the downtown area (see attached map)
seeking to obtain assistance under the terms of this program.
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Building Official
The Building Official for the program shall be a City of Farmington employee and shall provide
plan review and technical expertise relating to inspections, construction quality, code compliance
and scope of work to be accomplished if required.
Project Coordinator
The Project Coordinator for the program shall be the Executive Director of the EDA.
Target Area
Commercial buildings zoned B-2 or B-3 in the downtown area as shown on the attached map.
Eligible Improvements: Funds may be used for façade and exterior improvements for the front
and rear of buildings including, but not limited to awnings, paint, tuck pointing, exterior lighting,
decorative signage, windows, doors, gutters, accessibility improvements, permanent patios,
utility screening, dumpster enclosures, etc.
Special Conditions
Historic Properties
The City of Farmington is a Certified Local Government under the Historic Preservation Act.
Each project submitted for review that is for a property determined eligible for designation or is a
heritage landmark property will be reviewed as outlined in city code to receive a Certificate of
Appropriateness.
Data Privacy
All information provided by applicants under the Downtown Façade Improvement Program shall
be maintained in accordance with the Minnesota Data Practices Act.
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Procedures
Application Intake
Applications are accepted on an ongoing basis and are reviewed based upon funds availability
and in the order received. Applications will be reviewed for participation in the program based
upon the following guidelines:
1. Whether the applicant has clear title to the property to be improved. Prior to project
approval, the following will be ascertained:
a. Title verification;
b. All real estate taxes and any city fees or charges are current;
c. All individuals having an ownership interest, including contract holders, have
agreed in writing to join in the application;
2. The extent to which the project meets the program objectives;
3. The degree of the project’s overall impact on the surrounding area.
If necessary, applications competing for limited funds may be selected based upon these criteria.
Property Inspections
Upon determination that a property owner applying for rehabilitation assistance is eligible based
on the program guidelines, the Building Official may conduct an inspection of the property to
determine if the proposed improvements conform to City of Farmington building code
standards.
Scope of Work
Upon completion of the initial inspection, the property owner shall provide a report or elevation
drawing indicating any planned improvements. This report will be reviewed by the City of
Farmington.
Project Approval
The final application will be approved by the Farmington EDA, following review by City
of Farmington staff and recommendation of the Project Coordinator.
Approval by the Economic Development Authority (EDA)
The contract for work to be completed will be between the applicant and the contractor. Once
the applicant has accepted a bid, staff will prepare the information for presentation to the EDA.
Upon EDA approval, a Grant Agreement will be signed by the applicant and a designated city
official. This agreement will outline the terms and conditions of the project, including the city’s
role and the applicant’s responsibilities, and any corrective actions to be taken in the event of a
dispute.
Notice to Proceed
Upon approval of the work to be done, and obtaining the required permits, the contractor will
normally have six (6) months in which to complete the awarded contract. If construction work
does not begin within 90 days of the award of contract, the Grant Agreement is null and void;
however, the applicant may apply for one extension if necessary. The length of the extension
will be determined on a case-by-case basis.
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Acceptance of Work
Interim inspections may be scheduled with the Building Official to monitor work in progress.
Final inspection shall be required to ensure that the work has been completed in a satisfactory
manner. In the event of a dispute between the owner and contractor concerning the completion
of work, the Project Coordinator shall work with both parties to try to negotiate a satisfactory
solution. Disputes that cannot be resolved by negotiation, and that result in legal action by either
party to the contract, shall be resolved in accordance with applicable state law. EDA funds shall
not be released to either the owner or contractor until such dispute has been settled.
Hold Harmless
The owner and the contractor shall indemnify and hold harmless the City of Farmington,
the Farmington EDA, employees, and officials from any damages or liability arising from,
or occurring as a result of, the activities funded through this program.
EDA Payment
All EDA funds will be disbursed by the EDA upon authorization by the owner and the City of
Farmington. Payments will be made only after all work has been completed according to the
authorized scope of work, and has been accepted by the owner. Funds will be released once all
improvements are completed to the satisfaction of the city Building Official and final project
inspection by the Project Coordinator.
Payment may be made directly to the contractor or in reimbursement to the owner, upon
presentation of paid receipts for approved work to the Project Coordinator.
Appeals Process
Appeals concerning eligibility for the Downtown Façade Improvement Program or the proposed
improvements shall be made in writing and addressed to the Project Coordinator. The
coordinator will contact the applicant and attempt to rectify any concerns. A written response
will be made within fifteen (15) days.
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Document Number: 226506 Version: 226506v11
Farmington EDA
Micro Grant
Program Guidelines
2023
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226506v1
City of Farmington
Micro Grant Program
Program Objectives Business growth is a priority of the City Council and the Farmington Economic Development Authority. To support small businesses, enhance the footprint of Farmington businesses, and meet businesses where they are at – the city is building out an economic development tool kit that will encourage business growth and investment. The goal is to support innovative ideas and necessary projects that can help our small businesses contribute and enhance the Farmington economic base. New for 2023, the Economic Development Authority (EDA) has piloted a micro grant program that is intended to provide micro infusions of cash into our local businesses to be used for a variety of purposes that help businesses thrive and grow. Any type of business is eligible, provided that the business is located within the city and meets all zoning and code requirements. This grant is meant to meet business where they are at, fund
bold projects and ideas and contribute to overall business success in Farmington.
Eligible Businesses Businesses located within the municipal boundaries of the City of Farmington are eligible. If you are unsure if your business is eligible or if you qualify for this program, please contact city staff who will assist you. Businesses must be able to demonstrate that they are working with or have worked with a business coaching agency within the previous twelve (12) months and are ready to advance their business project or idea forward. The City of Farmington works very closely with MDDC/Open to Businesses and encourages all small
businesses to utilize their small business services. Examples of other business coaching agencies include SBA and
the Small Business Development Center.
Eligible Improvements Funds may be used for a variety of purposes and the micro grant program has been designed to meet businesses where they are at, allowing the businesses to determine what they need to be successful. Applicants will outline how the project provides value to their business, expected outcomes, and how they intend to utilize the matching grant funding.
Funds may be used for, but are not limited to:
• Point of sale system – new or upgrade
• Website – new build out or upgrade/enhancement of current site
• Social media consultation for business
• Signage
• Relocation of business currently located in Farmington to another location within the municipal boundaries (not to a non-Farmington location)
• Building improvements and repairs (with building owner consent) Be creative and bold! The flexibility built into the program is meant to encourage business owners to present projects for funding that would be an asset to your business.
Ineligible Businesses
• Non-profit organizations
• Gambling organizations
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226506v1
• Lending or investment businesses
• Land and property held for sale or investment.
Ineligible Expenses
• Management fees
• Financing costs
• Franchise fees
• Debt consolidation
• Costs to the applicant prior to EDA acceptance and grant agreement execution.
Funding The EDA recognizes the need for small businesses to have access to funding to make improvements and implement business ideas. $25,000 of the 2023 annual operating budget has been dedicated to fund the Micro Grant Program. The program will contribute up to a maximum of 50% of eligible project costs. Grants will not exceed $2,500 per business. Only one grant approval is allowed per year per business.
All grants require a minimum 1:1 funding match from the applicant.
Maximum grant: $2,500
Additional Program Requirements:
All projects are subject to city regulations, permitting requirements, and inspections.
Historic Properties The City of Farmington is a Certified Local Government under the Historic Preservation Act. Each project submitted for review that is determined eligible for designation or is a heritage landmark property will be reviewed as outlined in city code to receive a Certificate of Appropriateness. This requires additional Planning Commission review for the project.
Permits All projects that involve building improvements must obtain any required approvals and/or permits. All construction management is your responsibility.
Property Inspections Upon determination that the applicant(s) applying for financial assistance is eligible based on the program guidelines, and if the project requires it, the Building Official may conduct an inspection of the property to determine if the proposed improvements conform with building code standards.
Grant Terms & Requirements If approved, a grant agreement will be executed between the applicant and the City of Farmington outlining all requirements which must be met by the applicant before funding is released. Once the grant agreement is executed, the applicant has 12 months to complete the project. The applicant may apply for one extension, if necessary, which will be reviewed on a case-by-case basis. At the completion of the project – grant recipients will document the project and notify city staff for a final inspection.
Data Privacy
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226506v1
All information provided by applicants under the Micro Grant Program shall be maintained in accordance with the Minnesota Data Practices Act, Minn. Stat. ch. 13.
Grant Approval Process
Step One: Be sure you meet program requirements
• The business is registered with the Minnesota Secretary of State.
• The business is located within the municipal boundaries of the City of Farmington.
• The business receiving grant dollars must use the funding for business purposes, as described in the application.
• The property is up to date on all property taxes and is in good standing with the city.
• The business can demonstrate that they are working with or have worked with a business coaching agency within the last 12 months. Examples of business coaching agencies are MDDC/Open to Business, SBA, or any Small Business Development Centers.
Step Two: Contact Community Development city staff with any questions you have before applying for the program. Possible project discussion can occur over the phone, email, virtually or in-person. Economic Development Coordinator, Stephanie Aman, can be reached at 651-280-6823, or via email at Saman@FarmingtonMN.gov.
• Properties which are a designated historic property may require Planning Commission review and approval for a Certificate of Appropriateness before a grant can be approved.
Step Three: Submit a completed (online only) Micro Grant Program Application. A completed application includes:
• Filled-out application available online at FarmingtonMN.Gov
• If applicable, photo(s) of current area to be redeveloped and reinvested in.
• If applicable, rendering and/or plan drawings showing proposed improvement.
• Contractor bids (minimum two) with a breakdown of itemized costs or cost proposals for services.
• If applicable, proof of insurance on the building and/or property to be improved.
Step Four: Application review and grant selection. Completed applications will be accepted beginning June 1, 2023, and will be reviewed on a first-come, first-served basis until the allocated funding has been fully expended. The EDA governing body will award grants at their regular EDA meetings each month. The EDA reserves the right to approve or reject projects on a case-by-case basis. The EDA may consider an applicant’s established policies, project criteria, and the overall demand for the Micro Grant program, among other considerations. Meeting program criteria does not guarantee the award of a Micro Grant assistance to the project. Approval or denial of any project does not set a precedent for approval or denial of another project. Any applicant/project not awarded a Micro Grant will be notified in writing as to the reasons the project was not awarded. Applications will be considered until the full $25,000 program allocation is expended.
Step Five: Grant Award A signed personal guarantee will be required to ensure that funds are spent as outlined in the awarded application. Once a business has been approved for a grant, the business will execute a grant agreement with the Farmington EDA. Payment will be given directly to the business. If funds are not spent according to the approved application or if the project is not completed within the stated timeline, the business must notify the
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EDA staff and request re-approval of the project. If the grant is not spent according to the approved application, a personal guarantee and claw-back policy will be in effect.
Step Six: Completion of project.
Applicants have one year to complete the funded project. Applicants are required to notify staff when the project is complete. The business will also provide a report that will document the use of the funds and the impact to the business. The report shall include photos of the project and a written summary of how the funds were used and the impact of the funds. The completed project reports will be presented at an EDA meeting. If the applicant fails to complete the project and/or uses the funds for not-intended purposes, those funds will be subject to claw back and the business will not be eligible to reapply for five (5) years.
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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 - Feb 17 2026
INTRODUCTION:
Attached please find a summary of economic development activities. Additional details
regarding some of the activity may be highlighted separately in the EDA packet.
DISCUSSION:
Attached please find a summary of recent economic development activities. Staff will be
available to answer questions. Please also note, the Director will be exploring different
ways to highlight activity. This report will be changing.
ACTION REQUESTED:
No action requested. 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:
02-2026 meeting
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Feb. 2026 DIRECTOR’S REPORT –
providing project highlights and a summary of economic development activity.
Business
Activity
• Ribbon Cuttings
o Trinity – February 5, 2026
This was the first enhanced ribbon cutting with video.
o Mis Tortugitas – February 19, 2026
• Business Support
o Farmington Networking Group
• RFIs
o Project SOL – submitted on 2/2/2026. Chemical Consumable
Manufacturing Center of Excellence.
• Marketing Events
o MREJ – Apartment Summit – January
o MREJ – Land Development Summit (speaker) – March
• Developer Meetings / Discussions
o New light industrial development (small bay)
o Relocation of existing business
o Hospitality, multi-family, retail
o Industrial
• Economic Development Initiatives
o AI for Business – Part 2 – January 21
o Updated Work Plan
o Website enhancements
o New banner development
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