HomeMy WebLinkAbout03-27-18
CITY OF LAKEVILLE
ECONOMIC DEVELOPMENT COMMISSION
MEETING MINUTES
March 27, 2018
1. Chair Scherer called the meeting to order at 4:30 p.m. in the Marion Conference
Room at City Hall.
Members Present: Comms. Collman, Emond, Longie, Matasosky, Scherer,
Starfield, Vlasak
Ex-officio members: City Administrator Miller
Members Absent: Comms. Gillen, Rajavuori, Seiler, Smith,
Ex-officio members: Mayor Anderson, T. Roche
Others Present: David Olson, Community & Economic Development Director; Kati
Bachmayer, Economic Development Specialist; Derik Dautel, incoming 2018 EDC
Member
2. Approval of January 23, 2018 Joint Work Session Minutes and February 27,
2018 Meeting Minutes
Before voting on the minutes, incoming EDC member Derik Dautel was introduced
to the group by Mr. Olson. Mr. Dautel then provided information about his
background, which includes working at Target Corp for 30 years (now retired). Mr.
Dautel is looking forward to serving on the commission.
Comms. Matasosky/Starfield moved to approve the minutes of the January 23
work session and February 27 meeting as presented. Motion carried
unanimously.
It was noted that Comm. Longie will be leaving the EDC after this month’s meeting.
Her efforts and volunteerism were recognized by the members and she was thanked
for her many years of service.
3. Review of the 2017-2019 Strategic Plan for Economic Development Progress
Mr. Olson reviewed the outcomes, initiatives and goals from the 2017-2019
Economic Development Strategic Plan. A report was presented on the 2017
economic development activities that fell under the four strategic priority categories:
Business Retention and Expansion, Maintain a Competitive Advantage, Housing to
Support Economic Goals, and Workforce. Several items in the report were
highlighted, including business expansion projects, new development projects,
growth in the multi-family housing sector and workforce initiatives. Mr. Olson stated
Economic Development Commission Minutes March 27, 2018 Page | 2
that 2017 was a very busy development year and he anticipates the pace to
continue in 2018.
An interim progress report on 2018 activities will be made later this year and a
comprehensive report for 2018 activities will be presented at an EDC meeting in
early 2019. Information will also be tabulated to quantify the strategic plan’s targets
under each priority category.
Mr. Miller provided an update to members on the Envision Lakeville Community
Vision Plan. The plan was adopted five years ago after receiving community input
through a survey, task force and several focus groups. 2018 is the five-year
anniversary of the plan, so the task force is being reconvened to review and refresh
the Envision Lakeville goals and priorities. Since the plan’s adoption, Mr. Miller has
provided regular updates to the City Council highlighting the city’s progress on key
initiatives.
4. Director’s Report / Development Update
Mr. Olson reviewed the Director’s Report and provided an update on an upcoming
development project for Compeer Financial, an agriculture lender. Compeer is
constructing a new, two-story office building south of County Road 70 and west of I-
35. This project will bring 100 new jobs to the community.
An article about workforce programs in Shakopee and Burnsville high schools was
highlighted, as well as development news from Eagan, MN and Norwalk, IA. The
development project in Norwalk, IA received $14 million in city/state incentives to
build a new, 150,000 square-foot building in a community of 10,600 people. This is
an example of the competition Lakeville may face when looking to recruit future
development projects.
The ‘State of the Business Community’ presentation is taking place on Friday, April 6
at the Lakeville Area Arts Center and the ‘State of the City’ will be held on
Wednesday, April 11.
The next EDC meeting is scheduled for April 24, 2018.
Adjourn
Meeting adjourned at 5:43 p.m.
Respectively submitted by:
Kati Bachmayer, Economic Development Specialist