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HomeMy WebLinkAboutItem 06.kDecember 30, 2014 0 Item No. JOINT POWERS AGREEMENT WITH THE DAKOTA COUNTY CDA FOR THE OPEN TO BUSINESS PROGAM January 5, 2015 City Council Meeting Proposed Action Staff recommends adoption of the following motion: Move to approve a Joint Powers Agreement with the Dakota County CDA to operate the Open to Business Program in 2015. Passage of this motion will result in the continued operation of the Open to Business Program in partnership with the Dakota County CDA, the Metropolitan Consortium of Community Developers (MCCD) and ten other Dakota County cities in 2015. Overview This program was first implemented in 2013 in most of the larger cities in Dakota County through a Joint Powers Agreement with Dakota County CDA. The program provides technical assistance and access to capital for small businesses and potential entrepreneurs. The cost to operate the program in 2015 in the cities of Apple Valley, Burnsville, Eagan, Farmington, Hastings, Inver Grove Heights, Lakeville, Mendota Heights, Rosemount, South St. Paul, and West St. Paul as well as the small cities and townships is $135,000. MCCD hired a new full-time person to work exclusively in Dakota County in January of 2013. This person has office hours in Lakeville City Hall one day a month and meets regularly with clients in Lakeville outside of these office hours. The CDA proposes to fund 50% of the cost with the participating cities funding the remaining 50%. The City of Lakeville's share would be $7,500. This amount is the same as last year and is proposed to be funded from the City's Economic Development Fund and is included in the proposed 2015 Budget. Staff recommends approval of the Joint Powers Agreement for the Open to Business program. Primary Issues to Consider Has the program been successful in 2014? Attached is a summary Program Report for the first nine months of 2014 which documents the number of clients served and the hours of direct service provided by Open to Business staff. Also attached is a summary of the program from January 2013 through September 2014. Supporting Information • Joi ;Trs Agr ment with the Dakota County CDA for the Open to Business Program Rick Howden, Economic Development Specialist Financial Impact: $ $7,500 Budgeted: Y/N Y Source: Economic Development Fund Related Documents: µ� Ilk TO BUSINESS Dakota County 1/1/2014 — 9/30/2014 Clients Served: Client City: New Entrepreneurs 95 Apple Valley 25 Burnsville 32 Existing Business 81 Eagan 22 Farmington 18 Total Entrepreneurs 176 Hastings 10 Inver Grove Hts 17 Lakeville 11 Inquiries 200 Mendota Heights 5 (Requests for information/referral, not a formal client) Rosemount 14 Financing: S. St. Paul 3 W. St. Paul 8 Provided (Dakota County Businesses) Townships 2 Number 1 Undecided Location 9 Amount $30,000 Industry Segment: Provided (Dakota County Residents) Retail 16 Number 1 Service 87 Amount $12,000 Food 36 Health/Fitness 12 Microgrants Manufacturing 5 Number 4 Construction 5 Amount $4,000 Referral Source: Credit Builder Loans Number 10 CDA Staff/Website 5 Amount $2,400 Chamber 3 City Staff/Website 51 Total $48,400 Bank Referral 10 Media 9 Requests/In Process Other 24 Number 1 Total Request $25,000 Hours of Direct Service: Facilitated/Leveraged Loans 1s' Quarter 546.5 Number 3 2nd Quarter 510.0 Amount $1,350,000 3rd Quarter 505.0 4th Quarter 0 SUM LIN r as TO BUSINESS Dakota County 1/1/2013 — 9/30/2014 Client City: Clients Served: Apple Valley 33 New Entrepreneurs 231 Burnsville 47 Existing Business 81 Eagan 38 Total Entrepreneurs 312 Farmington 28 Hastings 20 Inver Grove Hts 22 Inquiries 522 Lakeville 22 (Requests for information/referral, not a formal client) Mendota Heights 5 Rosemount 24 Financing: S. St. Paul 8 W. St. Paul 10 Provided (Dakota County Businesses) Townships 4 Number 5 Undecided Location 51 Amount $225,000.00 Industry Segment: Provided (Dakota County Residents) Retail 44 Number 9 Amount $91,373.50 Service 174 Food 69 Microgrants Health/Fitness 12 Number 7 Manufacturing 6 Amount $7,000.00 Construction 5 Credit Builder Loans Referral Source: Number 14 Amount $3,455.00 CDA Staff/Website 14 Chamber g City Staff/Website 158 Total $326,828.50 Bank Referral 10 Media 13 Requests/In Process Other 89 Number 2 Total Request $55,000 Hours of Direct Service: Facilitated/Leveraged Loans 1St Quarter 1113.5 Number 5 2nd Quarter 729.0 Amount $1,425,000 3rd Quarter 763.0 4th Quarter 235.5 JOINT POWERS AGREEMENT Open to Business Program THIS JOINT POWERS AGREEMENT (this "Agreement"), is made as of January 1, 2015, by and between the DAKOTA COUNTY COMMUNITY DEVELOPMENT AGENCY (the "CDA"), a public body corporate and politic organized and existing under the laws of the State of Minnesota (the "State"), and each of the CITY OF BURNSVILLE, CITY OF LAKEVILLE, CITY OF MENDOTA HEIGHTS, INVER GROVE HEIGHTS ECONOMIC DEVELOPMENT AUTHORITY, APPLE VALLEY ECONOMIC DEVELOPMENT AUTHORITY, EAGAN ECONOMIC DEVELOPMENT AUTHORITY, HASTINGS ECONOMIC DEVELOPMENT AND REDEVELOPMENT AUTHORITY, ROSEMOUNT PORT AUTHORITY, FARMINGTON ECONOMIC DEVELOPMENT AUTHORITY, SOUTH ST. PAUL HOUSING AND REDEVELOPMENT AUTHORITY AND WEST ST. PAUL ECONOMIC DEVELOPMENT AUTHORITY, MINNESOTA (each individually a "Local Government Entity" and together the "Local Government Entities"), each a political subdivision of the State. RECITALS: A. In order to pursue common goals of fostering economic development, the CDA and the Local Government Entity Cities desire to engage the Metropolitan Consortium of Community Developers, a Minnesota non-profit corporation ("MCCD") to undertake the "Open To Business Program" (the "Program") within Dakota County (the "County"). B. Pursuant to the Program, MCCD will provide technical assistance and access to capital to small business and potential entrepreneurs in the County. C. The CDA and the Local Government Entities propose to jointly exercise their common economic development powers to undertake the Program. NOW, THEREFORE, in consideration of the mutual covenants and obligations of the CDA and each of the Local Government Entities, each party does hereby represent, covenant and agree with the others as follows: Section 1. Representations. Each of the Local Government Entities and the CDA makes the following representations as to itself as the basis for the undertaking on its part herein contained: (a) It is a political subdivision of the State of Minnesota with the power to enter into this Agreement and carry out its obligations hereunder. Joint Powers Agreement (b) Neither the execution and delivery of this Agreement, the consummation of the transactions contemplated hereby, nor the fulfillment of or compliance with the terms and conditions of this Agreement is prevented, limited by or conflicts with or results in a breach of, the terms, conditions or provisions of any restriction or any evidences of indebtedness, agreement or instrument of whatever nature to which it is now a party or by which it is bound, or constitutes an event of default under any of the foregoing. Section 2. Powers to be Exercised. The powers to be jointly exercised pursuant to this Agreement are the powers of the CDA and the Local Government Entities under Minnesota Statutes, Chapter 469, to undertake activities to promote economic development within their respective jurisdictions. Section 3. Method for Exercising Common Powers; Funds. The CDA, on its own behalf and on behalf of the Local Government Entities, will initially enter into an agreement with MCCD in substantially the form attached hereto as Exhibit A (the "Agreement") to engage MCCD to operate the Program within Dakota County. The CDA and each of the Local Government Entities will make payments to MCCD as described in Exhibit A of the Agreement. The CDA may from time to time execute and deliver documents amending, modifying or extending the Agreement as it deems necessary or convenient, provided, that no such document will adversely affect services provided to, or amounts payable by, any Local Government Entity without the prior written consent of such Local Government Entity. Section 4. Limited Liability. Neither the CDA nor the any of the Local Government Entities shall be liable for the acts or omissions of the other in connection with the activities to be undertaken pursuant to this Agreement. To the extent permitted by law, (a) the CDA hereby indemnifies the Local Government Entities for costs associated with claims made against the Local Government Entities directly relating to actions taken by the CDA, and (b) each Local Government Entity hereby indemnifies the CDA for costs associated with claims made against the CDA directly relating to actions taken by such Local Government Entity. Nothing herein shall be deemed a waiver by the indemnifying party of the limits on liability set forth in Minnesota Statutes, Chapter 466; and the indemnifying party shall not be required to pay, on behalf of the indemnified party, any amounts in excess of the limits on liability set forth in Minnesota Statutes, Section 466.04, less any amounts the indemnifying party is required to pay on behalf of itself, its officers, agents and employees for claims arising out of the same occurrence. Section 5. Conflict of Interests; Representatives Not Individually Liable. The CDA and each of the Local Government Entities, to the best of its knowledge, represents and agrees that no member, official or employee of their respective bodies shall have any personal interest, direct or indirect, in this Agreement, nor shall any such member, official or employee participate in any decision relating to this Agreement which affects his or her personal interests or the interests of any corporation, partnership, or association in which he or she is directly or indirectly interested. No member, official or employee of the CDA or any Local Government Entity shall be personally liable with respect to any default or breach by any of them or for any amount which may become due to the other party or successor or on any obligations under the terms of this Agreement. 2 Joint Powers Agreement 9298589v1 Section 6. Term; Distribution of Property. The term of this Agreement shall expire on December 31, 2015. There is no property which will be acquired by the CDA or any Local Government Entity pursuant to the Program which would need to be distributed at the end of the term hereof. Section 7. Notices and Demands. A notice, demand or other communication under this Agreement by any party to another shall be sufficiently given or delivered if it is dispatched by registered or certified mail, postage prepaid, return receipt requested or delivered personally to the person and at the addresses identified on each signature page hereto, or at such other address with respect to either such party as that party may, from time to time, designate in writing and forward to the other as provided in this Section. Section 8. Counterparts. This Agreement may be executed in any number of counterparts, each of which shall constitute one and the same instrument. [Remainder of page intentionally left blank] Joint Powers Agreement 92985890 IN WITNESS WHEREOF, the CDA and the Local Government Entities have caused this Agreement to be duly executed in their respective names and behalf as of the date first above written, with actual execution on the dates set forth below. DAKOTA COUNTY COMMUNITY DEVELOPMENT AGENCY By Its Executive Director Notice Address: Dakota County Community Development Agency 1228 Town Centre Drive Eagan, MN 55123 Attn: Andrea Brennan, Director of Community and Economic Development S-1 Joint Powers Agreement CITY OF LAKEVILLE, MINNESOTA Dated: By Its Mayor By Its City Clerk Notice Address: 20195 Holyoke Avenue Lakeville, MN 55044 Attn: Community and Economic Development Director S-4 Joint Powers Agreement