HomeMy WebLinkAbout08-28-12CITY OF LAKEVILLE
ECONOMIC DEVELOPMENT COMMISSION
MEETING MINUTES
August 28, 2012
Chair Matasosky called the meeting to order at 4:30 p.m. in the Marion Conference
Room at City Hall.
Members Present: Comms. Matasosky, Tushie, Longie, Brantly, Emond, Starfield,
Smith, Vlasak, Ex- officio member Mayor Mark Bellows, Ex- officio member City
Administrator Steve Mielke.
Members Absent: Comm. Schubert
Others Present: David Olson, Community & Economic Development Director; Adam
Kienberger, Economic Development Specialist; John Hennen, Interim Parks &
Recreation Director; Dan Licht, TPC.
2. Approval of July 18, 2012 meeting minutes
Motion Comms. Tushie /Emond moved to approve the minutes of the June
26, 2012 meeting as presented. Motion carried unanimously.
3. Continued Discussion on C/I Park Dedication Ordinance Changes
Mr. Mielke reviewed the memos prepared by Dave Olson and Dan Licht outlining
the park dedication ordinance and options for calculating commercial and industrial
park dedication fees.
Mr. Licht explained the process used to calculate the amount of future land and
funds needed to build out the Lakeville parks system. He clarified that commercial
and industrial business owners and their employees are also users of the parks
system including the community parks.
Comm. Emond asked if the City still needs 400 more acres for parks based on the
changing demographics. Comm. Smith also asked if the study recognizes our
aging population.
Mr. Licht responded that it is an evolution of the parks plan. Mr. Mielke noted that
the park system comprehensive plan will be revisited after the upcoming Visioning
Process.
Comm. Tushie asked if any vacant commercial or industrial land is in the search
area for any future parks as part of the long -range park plan.
Economic Development Commission Meeting Minutes, August 28, 2012 Page 2
Mr. Licht responded that there isn't but money will be needed for ultimate park
development. Mr. Licht added that park dedication funds can only be used to
acquire park land and develop parks.
Comm. Tushie noted this as good thing adding that future park development won't
complicate any commercial or industrial development deals if only a cash
dedication is required.
Mr. Mielke summarized the issue by stating that there are two components to
consider; the demand side of park dedication fees and the undeveloped
commercial /industrial land valuation component.
Mr. Licht reviewed the different valuation options outlined in the memo and noted
that staff recommends method number three, an appraiser consultation approach to
determine an average value of undeveloped commercial /industrial property in
Lakeville. He added that the City Council could determine if a new consultation is
needed annually as market conditions change.
Chair Matasosky asked if an appraisal method is defensible against potential future
challenges to the park dedication fee calculation.
Mr. Mielke and Mr. Licht responded that the City needs to follow the state statute of
establishing an average land value and that an appraisal methodology is a valid
approach in establishing that average and complies with the statute.
Chair Matasosky noted that from a formula side the City needs to look at all fees
and consider reductions to make Lakeville more competitive both locally and
nationally.
Mr. Mielke and Mr. Licht noted that the park dedication technical analysis needs to
be completed first, and policy discussions on competitiveness will follow once we
have the market data obtained through an appraisal process.
Comm. Tushie agreed that it is important to establish the baseline values and
gather data first and then proceed from there.
Motion Comms. Starfield/Tushie moved to recommend to City Council that
they utilize an appraisal consultation solution to establish
undeveloped land values for the purpose of calculating park
dedication fees for commercial and industrial properties. Motion
carried unanimously.
4. Update on Business Marketing Strategy Implementation Project
Mr. Kienberger reviewed the EDC memo outlining the progress being made on the
Business Marketing Strategy implementation.
Economic Development Commission Meeting Minutes, August 28, 2012 Page 3
5. Money Magazine Recognition
Mr. Kienberger reviewed the EDC memo outlining the recent recognition by Money
Magazine naming Lakeville one of the "Best Places to Live ". He noted that this
designation will be used in the City's marketing pieces and will also be discussed
with the marketing partners committee to capitalize on this designation
6. Director's Report
Mr. Olson reviewed the Director's Report. He highlighted both the Downtown
house demolition project and MOM Brands expansion and announced relocation of
its corporate headquarters to Lakeville.
7. Adjourn
Meeting adjourned at 6:00 p.m.
Respectfully submitted by:
Adam Kienb er, Recording Secretary