HomeMy WebLinkAbout07-23-13CITY OF LAKEVILLE
ECONOMIC DEVELOPMENT COMMISSION
MEETING MINUTES
July 23, 2013
Chair Starfield called the meeting to order at 4:30 p.m. in the Marion Conference Room
at City Hall.
Members Present: Comms. Matasosky, Akason, Vlasak, Starfield, Tushie, Schubert,
Smith, Longie, Ex- officio member Lakeville Area Chamber of Commerce Executive
Director Todd Bornhauser (5:00 p.m.), Ex- officio member City Administrator Steve
Mielke.
Members Absent: Comm. Emond.
Others Present: David Olson, Community & Economic Development Director; Adam
Kienberger, Economic Development Specialist; Allyn Kuennen, Associate Planner;
Kathy Schmidlkofer, Greater MSP; Sara Barrow, Greater MSP.
2. Approval of June 18, 2013 meeting minutes
Motion Comms. Matasosky /Schubert moved to approve the minutes of the
June 18, 2013 meeting as presented. Motion carried
unanimously.
3. Presentation by representatives of Greater MSP
Kathy Schmidlkofer and Sara Barrow gave a presentation on the Greater MSP
organization and highlighted its successes over the first two years. Ms.
Schmidlkofer noted that that $1 million of Greater MSP's $5 million budget comes
from the public sector.
Comm. Longie asked what Lakeville's cost would be to join Greater MSP.
Mr. Olson responded that Lakeville's cost would be $25,000 per year, and that
Dakota County CDA currently contributes $100,000 per year to Greater MSP.
It was noted that in Scott County, the county covers the cost for the cities within its
borders. The EDC recommended talking to Shakopee about the value of being a
Greater MSP member.
Chair Starfield asked where the money would be budgeted from to fund the cost of
membership in Greater MSP.
Mr. Olson responded that liquor funds were a possibility, but other options could be
explored as well.
Mr. Mielke noted that during the initial discussions about becoming a member of
Greater MSP, it was decided that Lakeville would pursue a marketing strategy to
Economic Development Commission Meeting Minutes, July 23 2013 Page 2
help unify our internal messaging. That strategy was formulated and is currently
being implemented. He also noted that in Scott County, the county continues to be
art active partner (financially) in local economic development projects; something
that Dakota County has not historically participated in.
Comm. Tushie asked how we can leverage Dakota County to participate in a similar
capacity to how Scott County works with their communities on economic
development prospects.
Mayor Little noted that is important to work together to market the region, but it can
be difficult to determine a direct return on investment for a membership in this type
of organization. Membership would give Lakeville a "seat at the table" in Greater
MSP, which is something that it currently does not have.
Comms. Matasosky and Tushie added that Lakeville is still refining its brand and
tools for development. We need to have additional discussions on incentives how
we can compete. Shakopee has built a reputation of being development and
incentive friendly.
Mayor Little commented that we have established these tools via our business
assistance policy and would benefit by brining additional prospects to the region,
which in turn would funnel to Lakeville.
Chair Starfield summarized the discussion by stating that we should pursue
discussions with Dakota County to explore how to model the successes in Scott
County while continuing to refine and strengthen our own brand and competitive
offerings.
6. Update by City Administrator Steve Mielke on Envision Lakeville Project
Mr. Kuennen and Mr. Mielke provided an update on the Envision Lakeville process.
"Value Statements" have been formulated and "Strategic Themes" we added at last
week's meeting. The Task Force is currently working on finalized the "Key
Initiatives" and will be sharing the results of the process with the City Council in
August.
4. Follow -up on discussion with representative of First Park Lakeville
Mr. Olson reviewed the conversation the EDC had with Grady Hamilton of Trammel
Crow last month discussing the availability of TIF /tax abatement for the First Park
Lakeville development.
The EDC discussed the front -end costs incurred during the development of the
industrial park. It was also noted that while wanting to remain competitive, each
business prospect would be evaluated on its individual merits.
5. Update on Business Marketing Strategy Implementation Activities
Mr. Kienberger provided an update on the Business Marketing Strategy and
summarized some of the recent events staff participated in to promote economic
development in Lakeville.
Economic Development Commission Meeting Minutes, July 23 2013 Page 3
Mayor Little noted that the MNCAR golf tournament sponsorship offered a very
strong value for the marketing dollars invested. Staff will work to follow -up on
extending the value of that sponsorship and pursue it again next year.
7. Director's Report
Mr. Olson reviewed the Director's Report. He noted that there will be no EDC
meeting in August, and the next meeting will be to discuss the 2014 -2016 Strategic
Plan for Economic Development on September 24
Motion Comms. Longie /Tushie moved recommend a meeting be held with
Dakota County leadership prior to the September EDC meeting to
discuss County economic development participation. Motion
carried unanimously.
B. Adjourn
Meeting adjourned at 6:05 p.m.
Respectfully submitted by:
Z �
Adam Kienb ger, Recording Secretary