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HomeMy WebLinkAbout01-27-15 CITY OF LAKEVILLE ECONOMIC DEVELOPMENT COMMISSION MEETING MINUTES January 27, 2015 Chair Starfield called the meeting to order at 4:34 p.m. in the Marion Conference Room at City Hall. Members Present: Comms. Starfield, Matasosky, Tushie, Vlasak, Collman, Longie, ex-official member Tim Roche, City Administrator Justin Miller, and Mayor Matt Little Members Absent: Comms. Emond and Smith Others Present: David Olson, Community & Economic Development Director; Rick Howden, Economic Development Specialist. 2. Approval of November 25, 2014 meeting minutes Motion Comms. Tushie/Collman moved to approve the minutes of the .Motion carried November 25, 2014 meeting as presented unanimously . 3. Presentation of 2014 Annual Report Mr. Olson presented the 2014 Annual Economic Development Report. 4. Review of Contract for Private Development for BTD/Fulford Group Project Mr. Olson stated that the EDC reviewed this proposed project application at the thth August 26 meeting and the proposed TIF Plan for the project at the October 7 Meeting. The total estimated amount of available increment for the total duration of the proposed TIF District is $1,077,832. After retaining 5% for administration of the TIF District, the net available tax increment for the project would be $1,023,941. The attached Contract for Private Development spells out the terms and conditions of the TIF assistance for the project. Eligible costs for the project are site improvements, including utility extensions, storm water basins, grading, and improvements to the adjacent County Road. Since this TIF District will be structured as a “pay-as-you-go” project, the actual amount of increment that will be available will be based on the actual amount of new taxes paid in the future. BTD is required to create a net increase of 100 jobs within the next 24 months. The jobs must have a minimum wage rate of $14.00 excluding benefits. BTD is also required to maintain their operations at this location for a period of at least five years. Economic Development Commission Meeting Minutes, January 27, 2015 Page 2 Motion Comms. Tushie/Longie moved to recommend approval for the Motion Contract for Private Development BTD Manufacturing Expansion Project. carried. Comm. Matasosky abstained, due to his company, APPRO Development, constructing BTD’s expansion. 5. Review of 2015 Community Development Block Grant (CDBG) Application Mr. Olson stated that the CDBG Application had not been before for the EDC in the last few years due to the fact that there had not been substantial changes to the application that required review. One change that staff is suggesting this year is a change to the Commercial Rehab program. Currently this program only covers commercial buildings in the Downtown Special Services District, staff recommends changing the area to the Redevelopment Project Area used for TIF purposes found in the meeting packet. It is anticipated that the City will receive $116,542 in 2015, which is the same amount received in 2014. The CDA is continuing its requirement that 50% of a City’s activities to be funded with CDBG funds involve activities that benefit Low- Moderate Income (LMI) households. One of the more commonly identified LMI activities in other cities in Dakota County is the Home Rehabilitation Loan program (residential rehab) administered by the Dakota County CDA. Preservation of the existing residential neighborhoods adjacent to the Downtown has been identified as a goal of the City Council approved Downtown Development Guide. Another area identified by staff is the Valley Park area, one of Lakeville’s older neighborhoods. Currently, there are very few application in the queue and staff has completed a mailing to approximately 1300 homeowners promoting this program. Staff would recommend a funding level for this program of $58,542 for 2015. In 2013, the City was granted authority to use previously unused CDBG funds to study and fund accessibility improvements to City facilities under the Americans with Disabilities Act (ADA). From the study, funding was used to install power-assist doors with electronic entry access at the entrances to City Hall. In 2015, staff recommends funding to address remaining projects at City facilities along with $20,000 in funding in 2015. In 2013 completed a community visioning process utilizing CDBG funding. This process, “Envision Lakeville, provided input and data to the City’s 2014-2016 Strategic Plan for Economic Development. Utilizing 2015 CDBG funding, staff recommends funding of $10,000 for implementation of “Envision Lakeville”. Motion Comms. Matasosky/Tushie moved to recommend the proposed Motion carried. Comm. Starfield abstained recommendation to the City Council. due to a potential future conflict of interest. Economic Development Commission Meeting Minutes, January 27, 2015 Page 3 6. Director’s Report Mr. Olson reviewed the Director’s Report. Mayor Little along with Mayor Kautz from Burnsville and Mayor Larson from Farmington attended the County Board th Administration Finance and Policy Committee meeting held on December 16. County staff had taken the item of eliminating reference to livable wage jobs in the County’s TIF policy from the meeting agenda. Mayor Little addressed the Board and indicated that the City would like to work with the County on Economic Development issues and that elimination of the only reference to job creation in the County’s TIF Policy should be reconsidered. The County will be updating its Strategic Plan for Economic Development in 2015 and cities in Dakota County will have the opportunity to provide input during this process. This past Monday, our City Council approved a liquor ordinance amendment to allow for brew pubs and tap rooms in Lakeville. Last year the City Council approved a Zoning Ordinance amendment to allow for these types of establishments in Lakeville. Adoption of the ordinance amendment was the last step to allow those types of businesses to locate in Lakeville. The City and Dakota County have retained the Planning Consultant Hoisington Koegler Group who has partnered with SRF and Springsted to analyze options for the reconstruction of County Road 50 between Ipava Avenue and Dodd Blvd. The first neighborhood meeting on the County Road 50 project was held on Thursday, th November 13. Individual meetings with business owners in this area took place in December before the holidays. Based on these discussions, the consultants are developing more detailed concepts for the proposed road improvements to County Road 50 adjacent to these businesses. A second round of meetings with business owners will take place in February. nd On January 22, the Planning Commission will be reviewing a preliminary and final plat application and conditional use permit for a new SuperAmerica gas th convenience store to be located at 185 Street and Orchard Trail just east of Buffalo Wild Wings in the TimberCrest Development. st Joe Julius resigned from the EDC as of December 31. Joe was recently elected to the Elko-New Market City Council and he determined that the possibility of future conflicts of interest would not allow him to continue to serve on the EDC. 7. Adjourn Meeting adjourned at 5:58 p.m. Respectfully submitted by: ________________________________________ Rick Howden, Economic Development Specialist