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HomeMy WebLinkAbout03-24-15CITY OF LAKEVILLE ECONOMIC DEVELOPMENT COMMISSION MEETING MINUTES March 24, 2015 Chair Starfield called the meeting to order at 4:30 p.m. in the Marion Conference Room at City Hall. Members Present: Comms. Starfield, Emond, Matasosky, Vlasak, Coltman, Longie, ex -officio members Tim Roche, City Administrator Justin Miller, and Mayor Matt Little Members Absent: Comms. Tushie and Smith Others Present: David Olson, Community & Economic Development Director; Rick Howden, Economic Development Specialist. 2. Approval of January 27, 2015 meeting minutes Motion Comms. Emond/Longie moved to approve the minutes of the January 27, 2015 meeting as presented. Motion carried unanimously. 3. Discussion of 2014-2016 Strategic Plan for Economic Development 2014 Work Program Mr. Olson presented an update of the Strategic Plan for Economic Development 2014 Work Plan. An informal discussion started with Strategic Initiative A: Conduct a market analysis to determine target markets with a special emphasis on higher education which supports Strategic Priority 1: High Skill, High Wage Jobs. Mr. Olson stated that as previously discussed with the EDC, that it would not be cost- effective to hire an outside consultant to conduct a market analysis and that there was a great deal of information available for the Twin Cities Region through Greater MSP and the University of Minnesota's Humphrey School of Public Affairs. This information will be utilized to identify industry clusters that are present and active in Lakeville as well as to identify the industry clusters, markets and businesses that the City should market toward. A question was raised in regard to staff's capacity to actively market business in certain industries due to the likelihood of a heavy workload in 2015. Commissioner Longie suggested that an action item be added to the 2015 Work Plan which would revive the Marketing Committee to enhance the City's marketing efforts without a burden on staffs time that she would lead. At this time, Mayor Little provided an update to the EDC on the recent City Council retreat that took place on Saturday, March 21 st. Mayor Little stated that the Council discussed utilizing the EDC as an outreach team with protocols in place to respond to certain developments with potential and existing business news. Reactivating business retention visits and the "Spotlight on Business" program, attainable workforce housing and transportation from Park and Ride sites and the industrial park were also discussed by the Council. Financial incentives in regard to fees were also discussed by the Council. This includes a study to evaluate all of the City's fees and compare to other suburban cities in the Twin Cities Metro Area. Also discussed were fee waivers, fee financing and the City's overall fee policy could assist in the City's economic development. The Mayor also touched on discussion surrounding downtown Lakeville and his desire to have this area be different and better than any other city. In order to accomplish this, Mayor Little suggested that one potential area to address would be increasing density in order to have more people closer to downtown. In order to achieve this, condo policies and height restrictions on buildings downtown should be looked at and potential changes made. Mr. Olson reviewed 2014 Progress on Strategic Priority 2: Infrastructure to Leverage Opportunities including Co. Rd. 50/Kenwood Trail Economic Development Study, the Alternative Urban Areawide Review (AUAR) for Interstate South Logistics Park and the City's recent use of Tax Increment Financing. Due to the time, the rest of the work plan was reviewed individually by the EDC. Mr. Olson stated that staff would take the EDC's comments and those from Mayor Little on behalf of the City Council and draft a 2015 Work Plan for discussion at the April 28th EDC Meeting. 4. Update on the Status of the County Road 50 Study Mr. Olson stated that the City and County have retained Hoisington Koegler Group Inc. and SRF for an Economic Development / Planning Study for the proposed expansion of Co. Rd. 50/Kenwood Trail between Dodd Blvd. and Ipava Ave. The purpose of the study is to review options to mitigate the impact on existing businesses adjacent to the County Road. Staff has had numerous meetings with the existing businesses along this corridor and are close to coming up with a concept that is agreeable to all of the business owners. Once a concept is approved, then the challenge will be coordinating the implementation. 5. Director's Report Mr. Olson reviewed the Director's Report. City staff recently confirmed United Products/Allied closed their business location at 21470 Grenada Avenue in Airlake Industrial Park. The company plans to lease the property which consists of a 45,000 square foot building on nearly 10 acres. Mr. Olson also mentioned the letters that were recently sent to MOM Brands by both the City of Lakeville and the State of Minnesota indicating our willingness to work with them and Post Holdings to attempt to ensure that they maintain a base of operations in Lakeville. Mr. Olson mentioned that the City Council re -appointed Jim Emond Sr. and Sheila Longie to fill the remaining one and two year terms created by the resignation of Joel Akason and Joe Julius. The new members that were appointed to three year terms are Quenton Scherer with Metro Equity, Bob Gillen, owner of Porter House Restaurant in Lakeville along with other restaurants in other communities, and Steve Rajavuori with REI Property Management. 7. Adjourn Meeting adjourned at 5:56 p.m. Respectfully submitted by: Rick Howden, Economic Development Specialist