HomeMy WebLinkAbout2. EDC minutes 1.25.22 DRAFT
CITY OF LAKEVILLE
ECONOMIC DEVELOPMENT COMMISSION
MEETING MINUTES
January 25, 2022
1. Chair Seiler called the meeting to order at 4:00 p.m. via Zoom.
Members Present: Comms. Rick Bjorklund, Jessica Christiansen, Lowell Collman, Jack
Matasosky, Andrew Phillips, Don Seiler, Glenn Starfield
Ex-officio Members Present: City Administrator Justin Miller, Chamber President
Krista Jech
Members Absent: Comm. Jim Emond, Bob Gillen, Justin Stone
Staff Present: David Olson, Community & Economic Development Director; Kati
Bachmayer, Economic Development Coordinator
Ms. Brevig briefly attended the meeting to say farewell to the EDC members, as she will
be retiring in January 2022. Many EDC members have worked with Ms. Brevig over the
years and congratulations were extended.
2. Approval of December 14, 2021 Meeting Minutes
Comms. Matasosky / Collman moved to approve the minutes of the December 14
meeting. A roll call vote was taken, and the motion carried unanimously.
3. Presentation on 2021 Economic Development Annual Report
Mr. Olson presented the 2021 Economic Development Annual Report. He noted that the
City of Lakeville experienced a high level of development activity in 2021, issuing building
permits with a total valuation of $371.8 million, which is the second highest building permit
valuation in the City’s history. The previous record was set in 2020 with a building permit
valuation of $442.3 million. The City issued 747 residential permits in 2021 and 527 of
those were single-family homes. The average building permit value on the 2021 single-
family homes was $304,742. According to Minnesota Housing First, Lakeville led the
Minneapolis-St. Paul metropolitan area for residential permits, followed by Woodbury,
Cottage Grove, Otsego and Blaine. Mr. Olson told EDC members that the City anticipates
receiving industrial development project applications totaling approximately 1.1 million
square feet within in the first quarter of 2022.
EDC members inquired about historical unemployment percentages and employment
numbers related to top employers and industries. Staff will research the issues and
provide follow up information.
4. Continued Roundtable Discussion of COVID-19 Impacts on Lakeville Businesses
Ms. Jech shared that the Chamber continues to hear from member businesses about
hiring and supply chain challenges. Comm. Seiler had a positive outlook on his business,
as the restaurant has been able to successfully manage staffing and work through Covid
infections and absences during the current omicron surge.
Economic Development Commission Minutes January 25, 2021 Page | 2
5. Director’s Report
Mr. Olson informed the EDC that the City Council had recently approved Lakeville’s
Community Development Block Grant application for Fiscal Year 2022. This application
included a request to fund a housing needs assessment study, which was requested in
response to the EDC’s recent discussions around workforce housing goals.
Adjourn
Meeting adjourned at 4:47 p.m.
Respectively submitted by:
Kati Bachmayer, Economic Development Coordinator