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HomeMy WebLinkAbout06-22-10City of Lakeville Economic Development Commission Meeting Minutes June 22, 2010 Marion Conference Room, City Hall Members Present: Comms. Matasosky, Longie, Tushie, Vlasak, Schubert, Emond, Starfield, Smith, Ex- officio member City Administrator Steve Mielke, Ex- officio member Chamber of Commerce Executive Director Todd Bornhauser. Members Absent: Comm. Brantly. Others Present: David Olson, Community & Economic Development Director; Adam Kienberger, Economic Development Specialist. 1. Call Meeting to Order Chair Matasosky called the meeting to order at 4:30 p.m. in the Marion Conference Room of City Hall, 20195 Holyoke Avenue, Lakeville, Minnesota. 2. Approve April 27, 2010 Meeting Minutes Motion 10.08 Comms. Emond /Stanfield moved to approve the minutes of the April 27, 2010 meeting as presented. Motion carried unanimously. 3. Review process and schedule for completing the 2011 -2013 Strategic Plan for Economic Development Dave Olson reviewed the EDC memo outlining the process for completing the 2011- 2013 Strategic Plan for Economic Development. One thing that was suggested be added to the process was the inclusion of a SWOT analysis to help assess how economic conditions have changed in the past couple of years. Comm. Starfield asked if the recently completed Community Survey results could be included with the questionnaire. Mr. Olson stated that both the Community Survey results and the current Strategic Plan would be sent to EDC members before the upcoming work session. Chair Matasosky asked about getting the City Council's perspective on business retention and remaining competitive. Businesses are constantly being bombarded by other states to relocate. Steve Mielke suggested that maybe there becomes a legislative component to the new Strategic Plan as a lot of regulations and taxes are State driven. Staff is receiving an elevated amount of inquiries into the availability of incentives. Economic Development Commission Meeting Minutes June 22, 2010 Mr. Olson added that at the last EDC meeting Ms. Huot of Springsted reviewed several of the State incentive programs that are available or aren't available (JOBZ) to Lakeville. Mr. Olson concluded the discussion by mentioning that the City Council will be discussing the revised business assistance policy as recommended by the EDC at their July 26 work session. The EDC will be conducting their 2011 -2013 Strategic Plan Work Session on August 19 from 1:00 — 5:00 p.m. 4. Director's Report Mr. Olson reviewed the Director's Report. It was noted that housing numbers are up from the same period last year. Mr. Mielke added that the zoning ordinance revision to allow for smaller lot single - family homes has received positive reviews from the development community. The Planning Commission and City Council are discussing holding off on phasing in the next scheduled sections of land into the MUSA. There is approximately a 15 -18 year inventory of townhome properties and it doesn't seem to make much sense to bring in more land to add to the available inventory. Chair Matasosky asked about the inventory of land available for high density housing such as apartments. The market is trending towards increased demand for apartment buildings. Comm. Tushie stated that developers can't afford to build apartments in Lakeville or other Metro suburbs. Even if we think we need apartments in Lakeville we would have to figure out how to make them viable first. Comm. Smith added that that economics aren't there right now. 5. Adjourn Chair Matasosky adjourned the meeting at 5:20 p.m. Respectfully submitted by: 11� Adam Kienber ; r, Economic Development Specialist Attested to: f R. T. Brantly, Secretary 2