HomeMy WebLinkAbout2006 [10] Oct 18
CITY OF ST. JOSEPH
www.cityofstjoseph.com
Administrator
Judy Weyrens
st. Joseph Economic Development Authority
Meeting Notice
VVednesday,October18,2006
3:00 p.m. City Hall
Mayor
Richard Carlbom
1. Call to Order.
Councilors
AI Rassier
Ross Rieke
Renee Symanietz
Dale Wick
2. Approval of Agenda.
3. Approval of Minutes.
a. September 20,2006
4. Accounts Payable and Financial Report.
a. Approval of Accounts Payable
b. Approval of Financial Report
5. Business.
a. Development Incentives Program
b. CSAH 75 Renewal Project Update
c. Business Retention and Expansion Program Update
d. Bioscience Zone Acreage Allocation Application
6. Director Report.
a. Prospect List/Activity Report.
7. Board Member Announcements.
8. Adjournment.
2." College Avenue North, PO Box 668 . Saint. Joseph, Minnesota .,6'374
Phone ,2.0.,6,.]2.01 Fax ,2.0.,6,.0'42.
THIS PAGE INTENTIONALLY LEFT BLANK
CITY OF ST. JOSEPH
ECONOMIC DEVELOPMENT AURHTORIY
Meeting Minutes - Wednesday, September 20,2006
Present: EDA Board Members Ross Rieke, Caryolyn Yaggie-Heinen, and Ken Jacobson.
Absent: Tom Skahen and Carlbom.
Also Present: Cynthia Smith-Strack of Municipal Development Group and Mai Yang
Agenda
Chairperson Rieke introduced the agenda. Strack requested the addition of a discussion
regarding a joint bioscience zone acreage allocation to Section Five on the agenda. Moved by
Jacobson seconded by Heinen to approve the agenda as amended.
Motion carried: 3-0.
Approval of Minutes.
EDA Chairperson Rieke noted the minutes from the July 19, 2006 meeting were included in the
packet. Strack explained that approval of the July 19th meeting minutes was tabled in August
since several members of the EDA were not present at the July meeting and wished to abstain
from any motion. Rieke noted the minutes from August 16, 2006 meeting included in the packet.
Motion by Jacobson, seconded by Heinen to approve the minutes from the July 19th and August
16th, 2006 regular EDA meetings as presented. Motion carried: 3-0.
EDA Accounts Payable.
Rieke introduced the topic. Strack noted accounts payable for the month included an invoice for
contract services in the amount of $2,152.82. The total hours provided through August 31st equal
271.25, on target for the projected 420 hours of service for the year.
Motion by Jacobson, seconded by Heinen to approve EDA accounts payable for the month of
August 2006 in the amount of 2,152.86. Motion carried 3-0.
Financial Report.
Rieke introduced the agenda item. Strack noted the August financial reports were contained in
the packet. Reports presented included: revenue, expense, check register and fund balance.
Motion by Jacobson, seconded by Heinen to approve the August financial reports. Motion carried
3-0.
CSAH 75 Renewal Project
Rieke introduced the topic and requested Strack explain the draft corridor renewal plans for the
first tier of lots adjacent to CSAH 75 between 2nd Avenue and NW and 3rd Avenue NE. Strack
reviewed items included in the information packet including a parcel map of the area of potential
interest, spreadsheets containing information regarding each property and redevelopment
projections and analysis of potential impediments to redevelopment of the sub area.
In the first tier of lots (sub area A) the development cost analysis resulted in an estimated
development cost of $3,106,067. The second tier of lot (sub area B) resulted in an estimated
development cost of $3,546,943.
The existing properties within Subarea A are zoned Highway Business and Single Family
Residential. Subarea B is zoned Single Family Residential and General (Downtown) Business.
The future land use for Subarea A is a combination of Highway Business and Single Family
Residential. In Subarea B future land use is guided toward Single Family Residential and
General Business. If vehicular oriented redevelopment is to occur in the subareas, rezoning and
comprehensive plan amendment requests would be required. A potential significant impediment
to redevelopment as a super-majority vote is required to amend the Comprehensive Plan.
Strack not next reviewed potential transportation issues associated with any type of
redevelopment within Subarea A or Subarea B. Strack noted preliminary feedback from the
County Engineer included a likely need for a left turn lane at the intersection of College Avenue
North and Ash Street E and a right turn lane at College Avenue N. Strack suggest planning for
an alternative access to the subareas either from Ash Street or the interior easVwest alley, since
turning movements from Birch Street to CSAH 75 are curtailed. The EDA noted this is a potential
impediment to redevelopment of the subareas.
Rieke suggested finding out whether or not the two businesses in the first tier would be interested
in relocating. Rieke suggested City staff be informed of the CSAH 75 renewal project and
comments from staff be requested. The EDA noted a desire to reach out to the Planning
Commission and City Council regarding any potential renewal activity. A next step would consist
of considering comprehensive plan amendment and rezoning requests as a means of reducing
impediments to redevelopment.
Business Retention and Expansion Program Update
Rieke introduced the agenda topic and requested an overview of the program from Yang. Yang
updated the EDA members with a PowerPoint presentation on Business Retention and
Expansion Program (BRE) and updated the Board Members on a presentation to the Chamber of
Commerce. In addition to the Chamber presentation, Yang noted she sent out a press release to
the Newsleader for publication consideration. Yang shared with the members that BRE is
available online for easy access and download. The next step to the BRE program will be
contacting businesses to schedule site visits and follow up with urgent issues that need to be
addressed in the short-term.
Strack stated that Yang should visit Daniel Funeral Home and Complete Electronic by next
meeting.
Project Inventive Analysis
Rieke note the topic on the agenda. Strack stated that the previous meeting EDA Board
members requested information regarding available incentives be compiled for potential
distribution to business owners within the renewal area north of CSAH 75. In further discussion
note specific incentives available for specific projects would vary widely with commercial
incentives. Strack introduced three type of incentives that are available: tax abatement, local
revolving loan fund (RLF) and the Minnesota Community Capital Foundation (MCCF).
The analysis of tax abatement assumes 100% of the City's portion of property taxes will be
abated for a term of ten years. The incentives policy precludes the issuance of bonds with debt
retired from abated taxes, instead of "pay as you go" is employed.
Other available incentives is St. Joseph Revolving Loan Fund and Minnesota Community Capital
Foundation (MCCF). St. Joseph Revolving Loan Fund has a current balance of $20,000. It has a
maximum term of seven years for material expense and 15 years for real estate purchase.
MCCF is a program available statewide to loan funds to qualifying businesses, which cannot
secure conventional financing or SBA loans to cover project costs.
The EDA requested $10,000 be included in the annual CIP budget to capitalize the fund. The
funding can be use for number of purpose including purchase of real estate options by the EDA.
This could include a matching grant to businesses pursuing building enhancements or for short-
term loans for construction activities. Heinen stated this was a great idea and would like business
along CSAH 75 to be aware of this.
Jacobson suggest having 'coupons' for building permits issued for commercial improvements.
Reike suggested the EDA talk more about potential incentives. Staff and EDA members were
asked to bring more incentive ideas to the October meeting.
Bioscience Zoning
Strack explained that a joint application process for bioscience zone acreage allocation was being
pursued by the cities of St. Augusta, St. Cloud, St. Joseph, Sartell, Sauk Rapids and Waite Park.
The joint application must be submitted to DEED by October 16th for consideration. If acreage is
allocated and the tax incentive program funded, the City could further its position in the
bioscience market sector.
The EDA reviewed areas proposed to be included in the application for acreage allocation. The
EDA supported the proposed areas as presented.
Board Member Announcements
Rieke note the topic on this agenda. Strack updated the EDA on the market research proposals
submitted by Maxfield Research and McComb Group. Strack noted representatives from the
College of St. Benedict, the City and the EDA will be meeting to discuss the proposals.
Adjournment
Motion by Jacobson, seconded by Heinen to adjourn. Motion carried 3:0. Meeting adjourned at
5:00 PM.
www.cityofstjoseph.com
CITY Of ST. JOSEPH
DATE:
October 11, 2006
Administrdtor
Judy Weyrens
MEMO TO:
St. Joseph Economic Development Authority
FROM:
Joanne Foust & Cynthia Smith-Strack, Municipal Development Group
MdYor
Richdrd Cdrlbom RE:
Accounts Payable - September 2006
September Financial Reports
Councilors
AI Rdssier
Ross Rieke
Renee Symdnietz
Ddle Wick
A. Accounts Payable:
Following are Accounts Payable for the EDA's Consideration.
Payable To
MDG, Inc.
Total
For Fund
September Econ. Dev. Service 150-46500-300
Amount
$ 2,274.35
$ 2,274.35
Action:
A MOTION is in order to approve the Accounts Payable.
B. Financial Report:
September financial reports for the EDA are following. The reports consist of:
1. EDA revenue to date.
2. EDA expenditures to date.
3. Check Register.
4. Fund Balances (Econ Dev. 150, TIF 1-3155, TIF 1-4156 and RLF 250).
Action:
A MOTION is in order to approve the financial reports.
2.., College Avenue North' PO Box 668 . Sdint. Joseph, Minnesotd .,6174
Phone ,2.0.,6,.]2.01 FdX ,2.0.,6,.0'42.
..
INVOICE
MUNICIPAL DEVELOPMENT GROUP, INC.
25562 WILLOW LANE
NEW PRAGUE, MN 56071
952-758-7399
FAX: 952-758-3711
mdg@bevcomm.net
City of St. Joseph
Attn: Judy Weyrens
City Administrator
PO 668
St. Joseph, MN 56374
Invoice Date 09-01-06
I Payment Terms: 30 days I Customer 10 #: ST J06ED
Project
September Economic Development Services
See attached detail
Amount:
$1,820.00 Monthly contract fee-35 hrs
$ 454.34 1021 miles x .445
$2,274.35
Code to: 150-46500-300 for general EDA
Remit To:
Municipal Development Group, Inc.
25562 Willow Lane
New Prague, MN 56071
Dates-EDA
September 9, 2006 EDA Office Hours
September 13, 2006 EDA Office Hours
September 15, 2006 Bioscience application meeting
September 20, 2006 EDA Office Hours
September 21, 2006 Meeting of DT Urban Environs Group
September 30, 2006 EDA Office Hours
Total September, 2006
8.50 hrs. C. Strack
9.50 hrs. C. Strack
1.00 hrs. C. Strack
8.00 hrs. C. Strack
1.00 hrs. C. Strack
7.50 hrs. C. Strack
35.5 hours
Total MDG, Inc. 2006 Hours through September, 2006 = 306.75
Thank you! We appreciated the opportunity to work with you!
I Check No.
. Date:
~/ // :' 1 '. /) ~
(c/1V'?Cj;Z~ .S<f~C/~
v Principal
City of St. Joseph
EDA Report
September 30, 2006
2006 YTD September 2006
Account Oescr Budget 2006 Amt YTO Amt Balance
FUND 150 Economic Development
E 150-46500-103 Leg islative Bod ies $525.00 $0.00 $0.00 $525.00
E 150-46500-151 Workers Compo $75.00 $100.00 $100.00 -$25.00
E 150-46500-200 Office Supplies $375.00 $0.00 $91.61 $283.39
E 150-46500-300 Professional $21,000.00 $2,152.86 $17,183.28 $3,816.72
E 150-46500-303 Engineering Fee $3,000.00 $0.00 $0.00 $3,000.00
E 150-46500-304 Legal Fees $750.00 $0.00 $72.50 $677.50
E 150-46500-321 Telephone $900.00 $39.49 $363.83 $536.17
E 150-46500-322 Postage $150.00 $0.00 $88.10 $61.90
E 150-46500-327 Tax Increment $0.00 $0.00 $0.00 $0.00
E 150-46500-331 Travel & $375.00 $0.00 $73.77 $301.23
E 150-46500-340 Advertising $750.00 $0.00 $45.00 $705.00
E 150-46500-433 Dues & $0.00 $0.00 '. $8,000.00 -$8,000.00
E 150-46500-510 Land $0.00 $0.00 $0.00 $0.00
E 150c46500-582 Computer Software $225.00 $0.00 $0.00 $225.00
E 150-46500-587 Special Projects $0.00 $0.00 $0.00 $0.00
E 150-46500-700 Misc $0.00 $0.00 $0.00 $0.00
FUND 150 Economic Development $28,125.00 $2,292.35 $26,018.09 $2,106.91
FUND 155 TIF 1-3 Borgert (SKN)
E 155-46500-300 Professional $701.25 $0.00 $301.11 $400.14
E 155-46500-327 Tax Increment $0.00 $0.00 $0.00 $0.00
E 155-46500-340 Advertising $37.50 $0.00 $24.00 $13.50
E 155-46500-600 Debt Service - $6,230.57 $0.00 $10,563.57 -$4,333.01
E 155-46500-611 Bond Interest $7,809.86 $0.00 $0.00 $7,809.86
E 155-46500-620 Agent Fees $0.00 $0.00 $0.00 $0.00
FUND 155 TIF 1-3 Borgert (SKN) $14,779.17 $0.00 $10,888.68 $3,890.49
FUND 156 TIF 1-4 St. Joe Development
E 156-46500-300 Professional $5,449.50 $0.00 $301.11 $5,148.39
E 156-46500-304 Legal Fees $0.00 $0.00 $0.00 $0.00
E 156-46500-327 Tax Increment $0.00 $0.00 $0.00 $0.00
E 156-46500-340 Advertising $50.00 . $0.00 $24.00 $26.00
E 156-46500-600 Debt Service - $14,489.87 $0.00 $25,061.33 -$10,571.47
E 156-46500-611 Bond Interest $34,892.46 $0.00 $0.00 $34,892.46
E 156-46500-620 Agent Fees $0.00 $0.00 $0.00 $0.00
FUND 156 TIF 1-4 St. Joe Development $54,881.83 $0.00 $25,386.44 $29,495.39
FUND 250 Revolving Loan Fund
E 250-46500-304 Legal Fees $0.00 $0.00 $0.00 $0.00
E 250-46500-490 Revolving Loan $0.00 $0.00 $0.00 $0.00
FUND 250 Revolving Loan Fund $0.00 $0.00 $0.00 $0.00
$97,786.00 $2,292.35 $62,293.21 $35,492.79
City of St. Joseph
EDA Expenditures
September 30, 2006
YTD %
OBJ OBJ Oeser Budget Exp Expense Balance of Budget
FUND 150 Economic Development
DEPART 46500 Economic Development Authority
103 Legislative Bodies $700.00 $0.00 $525.00 25.00%
151 Workers Compo Insur. Premo $100.00 $100.00 -$25.00 125.00%
200 Office Supplies $500.00 $91.61 .$283.39 43.32%
300 Professional Services $28,000.00 $17,183.28 $3,816.72 86.37%
303 Engineering Fee "$4,000.00 $0.00 $3,000.00 25.00%
304 Legal Fees $1,000.00 $72.50 $677.50 32.25%
321 Telephone $1,200.00 $363.83 $536.17 55.32%
322 Postage $200.00 $88.10 $61.90 69.05%
327 Tax Increment Certification $0.00 $0.00 $0.00 0.00%
331 Travel & Conference Expense $500.00 $73.77 $301.23 39.75%
340 Advertisin9 $1,000.00 $45.00 $705.00 29.50%
433 Dues & Subscriptions $0.00 $8,000.00 -$8,000.00 0.00%
510 Land $0.00 $0.00 $0.00 0.00%
582 Computer Software $300.00 $0.00 $225.00 25.00%
587 Special Projects $0.00 $0.00 $0.00 0.00%
700 Misc $0.00 $0.00 $0.00 0.00%
DEPART 46500 Economic Development $37,500.00 $26,018.09 $2,106.91 94.38%
FUND 150 Economic Development $37,500.00 $26,018.09 $2,106.91 94.38%
FUND 155 TIF 1-3 Borgert (SKN)
DEPART 46500 Economic Development Authority
300 Professional Services $935.00 $301.11 $400.14 57.20%
327 Tax Increment Certification $0.00 $0.00 $0.00 0.00%
340 Advertising $50.00 $24.00 $13.50 73.00%
600 Debt Service - Principal $8,307.42 $10,563.57 -$4,333.01 152.16%
611 Bond Interest $10,413.14 $0.00 $7,809.86 25.00%
620 Agent Fees $0.00 $0.00 $0.00 0.00%
DEPART 46500 Economic Development $19,705.56 $10,888.68 $3,890.49 80.26%
DEPART 49301 Transfer to other Funds
700 Misc $0.00 $0.00 $0.00 0.00%
DEPART 49301 Transfer to other Funds $0.00 $0.00 $0.00 . 0.00%
FUND 155 TIF 1-3 Borgert (SKN) $19,705.56 $10,888.68 $3,890.49 80.26%
FUND 156 TIF 1-4 St. Joe Development
DEPART 46500 Economic Development Authority
300 Professional Services $7,266.00 $301.11 $5,148.39 29.14%
304 Legal Fees $0.00 $0.00 $0.00 0.00%
327 Tax Increment Certification $0.00 $0.00 $0.00 0.00%
340 Advertising $50.00 $24.00 $26.00 48.00%
600 Debt Service - Principal $19,319.82 $25,061.33 -$10,571.47 154.72%
611 Bond Interest $46,523.28 $0.00 $34,892.46 25.00%
620 Agent Fees $0.00 $0.00 $0.0.0 0.00%
DEPART 46500 Economic Development $73,159.10 $25,386.44 $29,495.39 59.68%
FUND 156 TIF 1-4 St. Joe Development $73,159.10 $25,386.44 $29,495.39 59.68%
FUND 250 Revolving Loan Fund
DEPART 46500 Economic Development Authority
304 Legal Fees $0.00 $0.00 $0.00 0.00%
490 Revolving Loan $0.00 $0.00 . $0.00 0.00%
DEPART 46500 Economic Development $0.00 $0.00 $0.00 0.00%
FUND 250 Revolving Loan Fund $0.00 $0.00 $0.00 0.00%
$130,364.66 $62,293.21 $35,492.79 72.77%
City of St. Joseph
EDA Revenues
September 30,2006
YTD %
SOURCE SOURCE Descr Budget Rev Revenue Balance of Budget
FUND 150 Economic Development
36210 Interest Earnings $0.00 $893.55 -$893.55 0.00%
36300 Reimbursement $0.00 $25,000.00 -$25,000.00 0.00%
39201 Transfers from Other Funds $37,500.00 $0.00 $37,500.00 0.00%
FUND 150 Economic Development $37,500.00 $25,893.55 $11,606.45 69.05%
FUND 155 TIF 1-3 Borgert (SKN)
31050 Tax Increment $0.00 $11,119.55 -$11,119.55 0.00%
FUND 155 TIF 1-3 Borgert (SKN) $0.00 $11,119.55 -$11,119.55 0.00%
FUND 156 TIF 1-4 St. Joe Development
31050 Tax Increment $0.00 $27,845.92 -$27,845.92 0.00%
FUND 156 TIF 1-4 St. Joe Development $0.00 $27,845.92 -$27,845.92 0.00%
FUND 250 Revolving Loan Fund
36210 Interest Earnings $0.00 $652.27 -$652.27 0.00%
36212 CDAP Loan Interest $0.00 $576.75 -$576.75 0.00%
39312 CDAP Loan Proceeds $0.00 $22,047.37 -$22,047.37 0.00%
FUND 250 Revolving Loan Fund $0.00 $23,276.39 -$23,276.39 0.00%
$37,500.00 $88,135.41 -$50,635.41 235.03%
City of St. Joseph
EDA Check Register
September 30,2006
Search Name CHECK # Comments FUND DEPART Amount '
MUNICIPAL DEVELOPMENT CORP 037826 eda contract 150 46500 $2,152.86
TDS METROCOM 037838 telephone 150 46500 $39.49
LEAGUE OF MN CITIES 037866 2006-07 WC 150 46500 -$100.00
LEAGUE OF MN CITIES 037866 2006-07 WC 150 46500 . $100.00
LEAGUE OF MN CITIES INS TRUST 037899 WC 2006-07 150 46500 $100.00
$2,292.35
Administrdtor
ludy Weyrens
MdYor
Richdrd Cdrl60m
Councilors
AI Rdssier
Ross Rieke
Renee Symdnietz
Ddle Wick
CITY Of ST. JOSEPH
www.cityofstjoseph.com
DATE:
October 11, 2006
MEMO TO:
FROM:
RE:
Economic Development Authority
Cynthia Smith-Strack Municipal Development Group
Project Incentive Analysis
Background:
At the September EDA meeting Board Members discussed various potential incentive
programs, including but not limited to, tax increment financing, tax abatement, revolving loan
fund, Minnesota Community Capital Foundation, Minnesota Investment Fund and Industrial
Development Bonds.
Board members also discussed alternative incentives relating to architectural services and
building permit issuance. Staff was directed to bring additional information to the October
meeting as to a grant program for architectural design services and building permit funding
participation for certain commercial projects.
In addition, EDA members were asked to continue to think about potential alternative incentives.
Action:
Review of grant program guidelines and RLF guidelines. If EDA would like to proceed with
these types of programs, City Council approval is required. Also requested is additional
discussion regarding alternative incentive programs.
2.') College Avenue North. PO Box 66s . Sdint. joseph. Minnesotd ')6,74
Phone ,2.0.,6,.72.01 FdX ,2.0.,6,.0,42.
ST. JOSEPH COMMERCIAUINDUSTRIAL
RENOV A TION/REHABILlT A TION GRANT GUIDELINES
I. PURPOSE AND GOALS OF THE RENOVATION/REHABILITATION GRANT
Renovation/rehabilitation grants are to be used for redevelopment/revitalization and enhancement
activities within commercial and/or industrial parcels.
Goals to be met include:
1.) Creation or retention of permanent private-sector jobs in order to create above average
economic growth;
2.) Promotion of commercial/industrial redevelopment;
3.) Stimulation or leverage of private investment to ensure economic renewal and
competitiveness;
4.) Increase to the local tax base.
II. ELIGIBLE APPLICANTS
Eligible applicants include industrial and/or commercial property owners/businesses in S1.
Joseph.
III. GENERAL GUIDELINES
1.) No structure or applicant shall be eligible for more than a $1,000 grant every five (5) years.
2.) Maximum. grant amount of $1,000 or 90% of project cost, whichever is less.
3.) Location - The business must renovate or rehabilitate an existing commercial or industrial
structure within the corporate limits of the City of S1. Joseph.
4.) Project costs must be eligible expenses under these guidelines.
5.) Project plans and specifications must meet City and building code and any applicable
state/federal laws.
6.) The structure in which rehabilitation is proposed must be a minimum 1,000 square feet in
size.
IV. ELIGIBLE ACTIVITIES/EXPENDITURES
Grant dollars may be used for the following activities as demonstrated by a written invoice from
the person/firm performing said work:
1) Architectural services related to the reconstruction/rehabilitation of existing commercial or
industrial buildings.
2) Reconstruction and rehabilitation of commercial or industrial buildings.
3) Building/fa~de enhancements.
V. INELIGIBLE ACTIVITIES
Grant proceeds may not be used for the following:
1) Parking lot improvements, municipal infrastructure extension/placement, water/sewer
connection fees or storm water improvements.
2) New construction or expansion.
3) Housing projects.
4) Operating expenses.
City of 81. Joseph Renovation/Rehabilitation Grant Guidelines
Page 1
VI. APPROVAL CRITERIA
The grant must be based on the following criteria;
1.) Creation of new jobs or retention of existing jobs.
2.) Increase in the tax base;
3.) The project can demonstrate that the investment of public dollars induces private funds;
4.) The project promotes redevelopment/renovation/rehabilitation on an industrial or commercial
property and is not used the construction of a new building.
VII. APPROVAL PROCESS
The EDA reviews grant applications at scheduled monthly meetings (third Wednesday at 3 p.m.)
providing a completed application is received at least two weeks prior to the meeting. Grant
applications shall be in the form provided by the City/EDA. The EDA will formulate a
recommendation and forward that recommendation to the City Council for final approval.
City of St. Joseph Renovation/Rehabilitation Grant Guidelines
Page 2
ST. JOSEPH REVOLVING LOAN FUND
I. PURPOSE OF THE REVOLVING LOAN FUND
Revolving loan funds are to be used for business start-ups, expansions, and retentions. This may
be accomplished by the following means:
1.) Creation or retention of permanent private-sector jobs in order to create above average
economic growth;
2.) Stimulation or leverage of private investment to ensure economic renewal and
competitiveness;
3.) Increase to the local tax base;
4.) Improvement of employment and economic opportunity for citizen in the region to create a
reasonable standard of living.
5.) Stimulation of productivity growth through improved manufacturing or new technologies.
II. ELIGIBLE APPLICANTS
Eligible applicants include most industrial, commercial and technological service businesses.
III. GENERAL GUIDELINES
1.) Loan amount: minimum $2,500. Maximum $20,000 or 90% of RLF balance, whichever is
less.
2.) Location - The business must locate, expand or remodel within the corporate limits of the
City of St. Joseph
3.) Conventional lender or Equity - Conventional lending sources and/or owner equity must
provide at least 50% of the total project financing.
4.) Job creation/wages paid - Applicant must identify jobs which will be created and wages paid
to those employees within two years. Job and wage goals shall be consistent with the
Business Assistance (Subsidy) Policy adopted by the EDAlCity.
5.) Interest Rate: Varies by applicant
6.) Terms: Equipment: 5-7 years, Land/Buildings: 10-15 years
IV. ELIGIBLE ACTIVITIES/EXPENDITURES
Loan dollars may be used for the following activities:
1) Acquisition of land
2) Construction, reconstruction, and rehabilitation of commercial or industrial buildings
3) Site improvements
4) Utilities or infrastructure
5) Machinery and equipment
Loan dollars may be used to provide assistance for loan guarantees, interest buy-downs, and
other forms of participation with private sources of financing. The RLF assistance can be for no
more than one-half of the cost of the project.
V. INELIGIBLE ACTIVITIES
RLF assistance may not be used for the following:
1) Operation or expansion of a casino
2) Housing projects
3) Operating expenses
City of St. Joseph -Revolving Loan Fund Guidelines
Page 1
VI. APPROVAL CRITERIA
The grant or loan must be based on the following criteria;
1.) Creation of new jobs or retention of existing jobs.
2.) Increase in the tax base;
3.) The project can demonstrate that the investment of public dollars induces private funds;
4.) The project can demonstrate an excessive public infrastructure or improvement cost beyond
the means of the affected community and private participants in the project;
5.) The project provides higher wage levels to the community or will add value to current
workforce skills;
6.) Whether assistance is necessary to retain existing business; and
VII. APPROVAL PROCESS
The EDA reviews grant applications at scheduled monthly meetings (third Wednesday at 3 p.m.)
providing a completed application is received at least two weeks prior to the meeting. Grant
applications shall be in the form provided by the City/EDA. The EDA will formulate a
recommendation and forward that recommendation to the City Council for final approval.
VIII. LOAN APPLICATION/ORIGINATION FEE
A 1 % loan application/origination fee is charged at the time of EDA approval of the loan. This is a
non-refundable fee.
City of 81. Joseph -Revolving Loan Fund Guidelines
Page 2
",
,;,
'1\,,'
'; \,
i"
'"(;'\'
\v~--.\< '
iI'.',
;~':',,~~
" ,
"
,~
CITY OF ST. JOSEPH
www.cityofstjoseph.com
DATE:
MEMO TO:
October 11., 2006
Administrdtor
Judy Weyrens
FROM:
Economic Development Authority
Cynthia Smith-Strack Municipal Development Group
RE:
CSAH 75 Renewal Project Update
Councilors
AI Rdssier
Ross Rieke
Renee Symdnietz
Ddle Wick
MdYor
Richdrd Cdrlbom Background:
At the September EDA meeting Board Members continued their discussion of an urban renewal
corridor adjacent to CSAH 75. The EDA has expressed an interest in attempting to remove
impediments to redevelopment within the corridor and to examine the potential for securing real
estate options on high priority properties with the intent of redeveloping the area.
A! the September meeting the following work items were set forth:
1. Schedule BRE visits with the funeral home and Complete Electronics. Conduct BRE
meetings prior to the October EDA meeting if possible. This task was assigned to Ms.
Mai Yang.
2. EDA staff to bring potential redevelopment scenarios to staff meeting in October to gain
preliminary feedback from staff on any potential redevelopment effort. This will occur on
October 11th. An update will be provided at the EDA meeting.
3. Reach out to the Planning Commission and City Council regarding any potential
renewal activity.
4. Actively work to reduce impediments to redevelopment, potentially including
considerafl'on of comprehensive plan amendment and rezoning requests.
A9,ti0n: .' ..'
This item is fOr EDA information only.
2." College Avenue North. PO Box 66s . Sdint. loseph. Minnesotd .,6?74
Phone ,2.0.,6"72.01 Fdx )2.0.,6,.0,42.
Administrator
Judy Weyrens
Mayor
Richard Carlbom
Councilors
AI Rdssier
Ross Rieke
Renee Symanietz
Dale Wick
www.cityofstjoseph.com
CITY OF ST. JOSEPH
Memo
To:
From:
Date:
Re:
City of St. Joseph, Economic Development Authority
Mai Yang
October 11, 2006
Business Retention and Expansion Program (BRE)
In the previous, Ms. Mai Yang reviewed and presented Business Retention and
Expansion Program at the EDA meeting.
The Business Retention and Expansion introduction and survey are available
online. Ms. Yang has been calling business owners to set up appointments and
visiting firms. Last month meeting, Yang was asked to visit Complete Electronic
and Daniel Funeral Home for the BRE program. She had visited Completed
Electronic and wasn't able to visit with Daniel Funeral Home.
Upcoming, Ms. Yang will finish her visitation and continue to address immediate
issues and concerns of business.
2.., College Avenue North. PO Box 668 . Saint. Joseph, Minnesota .,6)74
Phone ,2.0.,6,.72.01 Fax ,2.0.,6,.0,42.
www.cityofstjoseph.com
CITY OF ST. JOSEPH
DATE:
October 11, 2006
Administrdtor
ludy 'Weyrens
MEMO TO:
FROM:
Economic Development Authority
RE:
Cynthia Smith-Strack Municipal Development Group
Bioscience Zone Acreage Allocation Application
Councilors
AI Rdssier
Ross Rieke
Renee Symdnietz
Ddle 'Wick
MdYor
Richdrd Cdrlbom AB~C~9t roun,.d: t' ., b' . II . . b " d b th 't"
JOin app lea Ion process lor losclence zone acreage a ocatlon IS elng pursue y e CI les
of St. Augusta, St. Cloud, St. Joseph, Sartell, Sauk Rapids and Waite Park. The EDA at the
September meeting reviewed a preliminary map of potential areas within the City of St. Joseph
which may be conducive to bioscience/biotech development.
Since the September meeting, staff has drafted and submitted information to the St. Cloud HRA
for inclusion in the joint application. Since the joint application must be submitted to DEED by
October 16th for consideration the preliminary draft has been forwarded.
However, the preliminary draft information includes a marketing plan for biotech/bioscience
development. The application information submitted follows. Staff kindly requests the EDA
review the information and approved the proposed marketing plan.
Action:
Staff kindly requests the EDA review the information and approved the proposed marketing
plan.
2.) College Avenue North' PO Box 66s . Sdint. Joseph, Minnesotd )6374
Phone ,2.0.,6,.72.01 FdX ,2.0.,6,.0'42.
.....
II) -c -c -0 -0 "0 -c ii: "0 ii: "0 -0 -0 -0 -0 .g -0 -0 -0 -0 .g .g oX: oX:
;0:: ;0:: ;0:: ;0:: ;0:: ;0:: ;0:: ;0:: ..... .....
c c .= .= .= c c c .= c .= .= .= c .= .= c c c .= m c c c .= 1i .= .= .= 1i to to
0 ..... I I I ..... ..... ..... ..... ..... I I I ~ I ..- ..... ..... ..... ..... ..... ..... ..... ..... I I I a. a.
;:l ..c ..c ..c ..c ..c ..c .c ..c ..c .c ..c I ..c ..c ..c ..c I I 1;) .....
:s :2l ..... ..... ..... :g :2l :2l :2l :2l ..... C ..... ..... :2l :g :g :g :2l ..... :2l :g .:g :g ..... ..... ..... ..... ..... 11)
c c c c c c c c c c c C :J :J
C ...J to to to ...J ...J ...J ...J ...J to to r3 ::; r3 ...J ...J ...J ...J ...J to ...J ...J ...J ...J to to r3 r3 to -c "0
0 0 0 0 0 0 0 0 0 0 c c
~ ~ ~ ~ to ~ ~ ~ to ~
~ > ~ ~ > ~ ~ ::::::::
11)
11) 11)
II) (\) (\)
::) c c
~ 'iii 'iii
::;J :J
;:l CD m
In ~ ~
';C
W Z Z
I I
3= ~
(\)
.~ "S:
(\)
0:: 0::
..... .....
to to
Ii: Ii:
~ ~
Q. Q.
~ "0 -c "0 "0 -0 -c -c -c -c "0 -c -c -0 -0 -0 -0 -0 -c "0 "0 -c -0 -0 -0 -c -c -0 -0 -c -c -0
'S c .= .= c c .= .= .= c c c c .= .= .= c .= c c .= c ..= c c ..= c c c -= c c
..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... .....
0 ..c ..c ..c ..c ..c ..c ..c ..c ..c ..c ..c ..c ..c ..c ..c .c ..c ..c ..c ..c ..c .c ..c .c ..c ..c ..c ..c ..c ..c .c
N :2l :2l :2l ~ :Q :Q :2J ~ ~ :Q :Q :2J ~ :2l :2l :2l :g :g :2l :2l :2l :2l :g :g :2l :Q) :2l .:Q :g :g :Q)
...J ...J ...J ...J ...J ...J ...J ...J ...J ...J ...J ...J ...J ...J ...J ...J ...J ...J ...J ...J ...J ...J ...J ...J ...J ...J ...J ...J ...J ...J ...J
Z I() <0 ('t) I() 0 0 N t') 0 N ~ <0 ex> N ~ <0 00 0 I() N ~ <0 ex> 0 ~ ~ <0 00 <0 I() 0
a: 0 0 ~ N 0 0 0 0 0 0 0 0 ..... ..... ..... ..... N I() N ~ N N ('t) ('t) 8 ('t) 0 0 0
0 0 N N 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ..... 0 0
0 0 0 0 0 0 0 0 ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ I() ~ ~ ~ ~ ~ ~ ~ ~ ~ 0 N <0
<0 <0 I'- I'- I() 0 0 0 0> 0> 0> 0> 0> 0> 0> ~ 0> 0> 0> ~ 0> ...... N I()
('t) ('t) ~ ~ ('t) 00 ex> 00 I'- I'- I'- I'- I'- I'- I'- I'- I'- ...... 0> I'- I'- I'- I'- I'- I'- I'- I'- ~ <0 I'-
('t) ('t) ('t) ('t) ('t) ('t) ('t) ('t) ('t) ('t) ('t) ('t) ('t) ('t) ('t) ('t) ('t) ('t) ('t) ('t) ('t) ('t) ('t) ('t) ('t) ('t) ('t) ('t) 0 0
I() I() I() I() I() I() I() I() I() I() I() I() I() I() LO I() I() I() LO I() I() I() I() LO LO I() I() I() LO N N
~ ~ ~ v ~ ~ v v ~ ~ ~ v v v v v v v ~ v ~ v v v v ~ ~ v v ..... .....
00 ex> 00 ex> 00 00 ex> 00 00 00 00 00 00 ex> ex> 00 ex> ex> 00 ex> ex> 00 ex> ex> 00 00 00 ('t) ('t)
;::
U)
ns ~ I() 0 ('t) 0 0 00 ex> 0 0 0 0 0 0 0 0 0 0 ..... ..... N N N N N N ~ N 0 ('t) I'- I() ~ II) ~ ..... N It)
~ LO ('t) 0 0 ~ ..... <0 ~ ~ ~ ~ ~ 00 ~ ~ ~ ~ ~ ('t) 0> 0> 0> 0> 0> 0> 0> 0 ('t) I() 0> II) ..... It) (0
(lS ..... eO M ('tj I() ..... ei ..... ..... ..... ..... ..... ('oj ..... ..... ..... ..... ..... ('oj ci 0 ei ci ci ei ci ei ..... ..... a; cO ... ~ 0 .-) 00
e ('t) ('t) C'loI C'loI l"- ce)
<C u C'I
CD <C ~
C
0
N
.a
:::s
tn
CD
C.)
C
CD
.- ;:
C.) CD
U) .a u
0 c:::
u .!! ~
.- 2
m u -
... .2 & .!! CD
U) a;: c::
"& "ti I:Q J:! "tJ
c: tJ) l:Q CD ~
CD .f! ~ - a
c:::
U) i .!!! ;::: ~ ~ ::s
0 ~ r;:: ~ CI)
.., -; oS a;: -
e ~ ~ ~ ~ ~ .Q
-.J -g a ~ .Q -g ::s
tn (lS 0 ..... N ('t) ~ I() <0 ...... 00 0> 0 ..... N ('t) ~ I() <0 I'- 00 0> 0 ..... a CI)
Q. ..... N ('t) V I() <0 I'- ex> 0> ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... N N N N N N N N N N ('t) ('t) U) U)
C'\I
I .... .... .... .... .... .... .... .... .... .... .... .... .... (\'J (\'J (\'J (\'J (\'J "0 -0 "0 "0 -0 -0 "~ "0 -0 -0 -0 g g "0 .... ....
0 0 0 0 0 0 0 0 0 0 0 0 0 0 "w "w "w "w "w "w "w "w "w "w "w 0 0
C "0 "0 "0 "0 "0 "0 "0 "0 "0 "0 "0 "0 -0 ~ ~ :;::; ~ ~ "0 -0
0 "C "C "C "C "C "C "C "C "C "C "C "C "C C C C C C ~ ~ ~ ~ Q) ~ E ~ ~ ~ ~ "e "e ~ "C "C
.... .... .... .... .... .... .... .... .... .... .... .... .... Q) Q) Q) Q) Q) .... .... ....
:e g g "~ g .... g .~ .~ g .... .... g
0 0 0 0 0 0 0 0 0 0 0 0 0 -0 "0 "0 "0 "0 g g .2 .E .E 0 0
"0 U U U U U U U U U U U U U "w "w "w "w "w u u
c - - - - - Q) Q) Q) Q) Q) "e "e "e "e E "e c "e E E "e c c "e -
0 l (ij m ~ m i 1 1 (\'J l (\'J (\'J i 0::: 0::: 0::: 0::: 0::: 0 8 0 (ij (\'J
~ ~ ~ ~ ~ ~ .... .... .... .... .... .... 0 .... .... .... .... 0 .... == ==
0 .2 .E .2 .2 .2 .E c .E .E .2 .2 c c .E
Ci Q) Q) Q)
c c c c c c c c c c c c c c c c c c c 0 c c c c 0 0 c c c
0 Q) Q) Q) Q) Q) Q) Q) Q) Q) Q) ~ Q) Q) 0 0 0 0 0 8 z 0 0 0 0 z z 0 Q) Q)
~ 0::: 0::: 0::: 0::: 0::: 0::: 0::: 0::: 0::: 0::: 0::: 0::: 0 0 0 0 0 0 0 0 0 0 0::: 0:::
~ c c c c c c cD c c c c cD cD c
m (\'J m m m (ij m (ij (ij m m (ij m 0 0 0 0 0 0 en 0 0 0 0 en en 0 m (\'J
:;::; .~ "~ "~ "~ "~ "0 "~ "~ "~ "~ "0 "~ "~ z z z z z z ::> z z z z ::> ::> z "~ "0
.... .... .c .c .c ....
0 Q) Q) Q) Q) Q) Q) Q) Q) Q) Q) Q) Q) Q) Q) Q)
";C E E E E E E E E E E E E E 0 0 0 E E
Q) .m .m
w E E E E E E E E E E E E E - E E
0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 m m m 0 0
U U U U U U U U U U U U U g g g U U
c c c c c c c c c c c c c c c
(\'J (\'J (\'J (\'J (\'J (\'J (\'J (\'J (\'J (\'J (\'J (\'J (\'J :;::; :;::; ~ (\'J (\'J
..0 ..0 ..0 ..0 ..0 ..0 ..0 ..0 ..0 ..0 ..0 ..0 ..0 en en en ..0 ..0
.... .... .... .... .... .... .... .... .... .... .... .... .... "X "X "X .... ....
::> ::> ::> ::> ::> ::> ::> ::> ::> ::> ::> ::> ::> w w w ::> ::>
CD (\'J (\'J (\'J (\'J (\'J (\'J (\'J (\'J (\'J (\'J (\'J (\'J (\'J (\'J (\'J (\'J (\'J (\'J (\'J (\'J (\'J (\'J (\'J (\'J (\'J (\'J (\'J (\'J (\'J (\'J (\'J (\'J (\'J (\'J
0 "~ "~ "~ "~ "~ "~ "~ .~ "~ "~ "~ "~ "~ :;::; ~ ~ ~ ~ "~ "~ "~ "~ "~ "~ "~ "~ "~ "~ .~ "0 "~ "~ .~ "~
~ C C C C C ....
e Q) Q) Q) Q) Q) Q) Q) Q) Q) Q) Q) Q) Q) Q) Q) Q) Q) Q) Q) Q) Q) Q) Q) Q) Q) Q) Q) Q) Q) Q) Q) Q) Q) Q)
E E E E E E E E E E E E E "0 "0 -0 "0 "0 E E E E E E E E E E E E E E E E
::s E E E E E E E E E E E E E "w "w "w "w "w E E E E E E E E E E E E E E E E
.. Q) Q) Q) Q) Q)
::s 0 0 0 0 0 0 0 0 0 0 0 0 0 0::: 0::: 0::: 0::: 0::: 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
LL U U U U U U U U U U U U U U U U U U U U U U U U U U U U U
Z 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0: 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ...... 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
C'\I 10 00 00 00 00 0> 0 C'\I ...... ...... C'\I ("I) <0 00 <0 <0 <0 <0 I"- 00 0> <0 I"- 0 0 0) ...... ...... 0> C'\I ...... ("I) ..".
..". ..". 00 0) 00 0> 0> 0 0 0 ...... ...... ...... 0> 0> 0> 0> 0> ("I) ('t) ("I) ("I) l"- I"- 00 0) I"- 00 00 I"- 00 0) l"- I"-
..". ..". 00 00 00 00 00 0> 0> 0> 0> 0> 0> I"- ('t) l"- I"- I"- <0 <0 <0 <0 10 10 10 10 10 10 10 10 10 10 10 10
("I) ('t) ("I) ("I) ('t) ("I) ("I) ('t) ("I) ("I) ("I) ("I) ("I) ("I) ...... ('t) ("I) ("I) ("I) ("I) ("I) ("I) ("I) ('t) ("I) ("I) ("I) ("I) ('t) ("I) ("I) ('t) ("I) ("I)
::= 10 10 10 10 10 10 10 10 10 10 10 10 10 10 C'\I 10 10 10 10 10 10 10 10 10 10 10 10 10 10 10 10 10 10 10
..". ..". ..". ..". ..". ..". ..". ..". ..". ~ ..". ..". ..". ..". ...... ..". ..". ..". ..". ..". ..". ..". ..". ..". ..". ..". ..". ..". ..". ..". ..". ..". ..". ..".
l! 00 00 00 00 00 00 0) 00 00 00 00 00 00 ("I) 0) 00 0) 00 0) 00 00 00 00 0) 0) 0) 00 00 00 00 0) 00 0)
..
C
CD ~ I"- ("I) 0 C'\I 0 ...... 0> 0 0 0 0 I"- ("I) ("I) ...... 0 ...... 0 ..". 0) ..". I"- 0> 0> 10 ("I) 0> 0 0 C'\I ("I) 0> 0> 0>
I~ ~ 10 ("I) C'\I "! 10 ("I) ("I) ("I) ('t) ("I) C'\I ("I) 0 ~ ..". 00 ~ C'\I N ("I) ...... ...... ('t) ("I) N ...... ...... ...... <0 ("I) N ...... ('t)
as ...... 0 ci ci 0 ci ci ci ci 0 ci 0 ci ('I"j 0 ci ...... ...... 0 ci ci ci ci ci ci ci 0 ci ci ci 0 ci 0 ci
CD
ID ...
~
CD
C
0
N
.Q
::J
UJ
CD
(,)
c
.!
(,)
fI)
0
m
~
CD
fI)
0
., Q;
,.J e
UJ as 0 ...... N ("I) ..". 10 <0 I"- 0) 0> 0 ...... N ("I) ..". 10 <0 I"- 00 0> 0 ...... N ("I) ..".
D.. ...... N ("I) ..". 10 <0 I"- 0) 0> ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... N N N N N N N N N N ("I) ('t) ("I) ('t) ("I)
('t)
.... -0 -0 .... .... .... .... .... .... .... .... ....
c:: "00 .00 0 0 0 0 0 0 0 0 0
CO -0 -0 -0 -0 -0 -0 -0 -0 -0
0 ~ ~ .E "C "C "E .C "C .C .C "C
CO .... .... .... .... .... .... ....
> .~ g 0 0 0 0 0 0 0 0 0
() () () () () () () () ()
E E l - - - - (ij I (ij -
~ co co ~ ~
.... .... ~ 3: ~ ~
.E .E Q)
c:: c:: c:: c:: c:: c:: c:: c:: c:: c:: c::
0 0 Q) Q) Q) Q) Q) Q) Q) Q) Q)
0 0 0::: 0::: 0::: 0::: 0::: 0::: 0::: 0::: 0:::
c:: c::
0 0 (ij (ij (ij (ij (ij (ij (ij (ij (ij
z z "0 l~ .e "e "e "e .e .e "e
....
Q) Q) Q) Q) Q) Q) Q) Q) Q)
E E E E E E E E E
E E E E E E E E E
0 0 0 0 0 0 0 0 0
() () () () () () () () ()
c:: c:: c:: c:: c:: c:: c:: c:: c::
CO CO CO CO CO CO CO CO CO
.0 .0 .0 .0 .0 .0 .0 .0 .0
.... .... .... .... .... .... .... .... ....
::::> :::> :::> :::> :::> :::> ::::> :::> :::>
CO CO ttl ttl ttl ttl ttl -0 ttl ttl ttl ttl
"e .e "e "e "e .e .e "00 "e .e "e "e
Q)
Q) Q) Q) Q) Q) Q) CD 0::: Q) Q) Q) Q)
E E E E E E E LL E E E E
E E E E E E E :iE E E E E
0 0 0 0 0 0 0 0 0 0 0
() () () () () () () () () () ()
0 0 0 0 0 0 0 0 0 I'-- ~ 0
0 0 0 0 0 0 0 ..... 0 I'-- 0
0 0 0 0 0 0 0 0 0 ..... 0 0
C\I 'V <0 1.0 ..... I'-- 0 1.0 00 ("f) 1.0 1.0
<0 <0 <0 I'-- 1.0 <0 I'-- ('t) C\I ("f) C\I C\I
'V 'V 'V 1.0 'V 'V 'V I'-- 'V I'-- 'V 'V
('t) ('t) ('t) ('t) ('t) ('t) ('t) ('t) ('t) ('t) ('t) ('t)
1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0
'V 'V 'V ~ 'V 'V 'V 'V 'V 'V 'V 'V
00 00 00 00 00 00 00 00 00 00 00
'V I'-- 0> ..... 0 00 0 0 CO (J) I'-- C\I 00 IIQ ~ IN 0 ClO
0> C'! ('t) C\I I'-- C\I ('t) ('t) C\I <0 I'-- 'V ...- IN 0) ~ ."
ci 0 ci ci ci ci ci ci ci ci ci ci cw) ....: 0 0) ...... ~
C'I
"5
~
q, .S!
e en
:3 oq: ~
...
~ .g .e CQ
~ ~ 1: a CD
CD 0 (,) c::
.e .!::! (,) .
s:: ~ - ~ 0
0 2 I tII
(,) ..w .Q
~ CD :::s
r::: ;:::: ~ .!!!
~ :5 z;:: ~ CI)
.s ....
..w ..w ..w ..w ..w -g
1.0 <0 I'-- 00 0> 0 ..... C\I ('t) 'V 1.0 <D -g ~ -g -g ~
("f) ('t) ('t) ("f) ('t) 'V 'V 'V 'V 'V 'V 'V CI) CI) CI) CI)
fI) to to to
C (]) ~ ~
0 ....
:w <( <( <(
:s e e e
0 0 0
c :;::; :;::; :;::;
0 to to to
0 X X ~
- (]) (])
CD e e e
fI) e e e
::) <( <( <(
~ I I I
c: - -
:w e e
~ to to
fI) 0 0
";c to to to
W > > >
CD to (\) to
fI) ";:: ";:: ";::
::) - - -
III III III
e ::l ::l ::l
"0 "0 "0
::J e e e
- ::::: ::::: :::::
::J
LL "iii "iii "iii
.~ .~ .~
(]) (]) (])
E E E
E E E
0 0 0
c.:> u u
z 0 0 0
~ 0 0 0
0 0 0
('I) "<t ('I)
"<t to to
CO CO CO
0 0 0
N N N
..- ..- ..-
('I) ('I) C')
.~
tn
CD ~ N ..... "<t N
I~ ..- co ..... It) ~
CIS ci ..0 ci cD
e "<t ..... .... cO
0 (,) .... ~
CD c( ~
C
0
N
.c
j
tn
CD
(.)
c
.! "t:I
(.) CD
.!::!
tn ~
0 2 0
.-
m ~ CD
t :5 c:
0
tft ~
CD ~
tn "!!! ::J
0 .n CI)
.., "i -
...,J ~ ...: -g
CIS ~
tn a.. ..- N C') CI)
"<t
O<X>NNLOI'-u)
I'-~LOo)CO~1'
~(\,)<X>o)..q-(\')I'
N I'- N U)
N
o LO I'-
(\') LO I'-
o~~(\')
oes N
~
OJ
<i
t/)
w
z
o
N
OJ..s:::.
::) 0
t/)jg
o
.. m (\)
t/) ~ ~ III
..J E Q) :~ ~ <( ~
~~~2 ~_.g~
o 0 -~ Q) E ro -E ~
t- c.;> 0 -g L- a.. 0 en
em:=> .e"Ou"O
WO CQ)"iiic
C)::;g>g> 8~=="*
<C -(f)x- ~ ~ c c.. ~ ..c
K:!w;B;B'E~~~~
OlS:5E:5:5:5:5E
<C~~~~~~~~
o
oes
OJ
<i
(I)
CD
C
(f) 0
O)N
"0.0
- ::J
co ,^
"E v,
ro
~..J
::~
..cO
~t-
c g,~~ cDo~ 0 ~:;
(\)(\) . 0."0 C.... Q) Q)
o 00 co-o.o,,-
~ ~I'"- C:-::S:;J o~e ro
(\) - (\) 0 "- .- <(
Q)Q)~cm::SQ)Q)"-
ro >'"0 'E "- l:; ~ .c 2 Q)
....gc=ro~~-;;,~5
ro....(\)~Q)o C N
.c "- '-o..c 0 Q):;J 0.0
.... Q) m .... - .c .- .... ::s
m ~e-c"O Q)~.5"OOO
"- Q)roco '-C.c
0-gEo.ro~m2(\)0.
ro"OQ)- o.-C>.Q)
("I) .- .: .~ >. i+:: :!: ro 0) m
m >::s "- ro.-.- COO
.:0 C-u) ~ 5>g Q)o"")
~ .0 ~ ::s Q) .- - > C .....
::s "0 "0 m >. 0 .c 00
_m(ijCc-(\)oO
~ m .;:: ~ ::s ~ 3= Q) Q) .~
..02 m 0=:20:5
:E 0, (\) ~ .$!l '0, ~ ~ ;e '3:
3= C E .- 3= ~ Q) L.. Q) m
:;J 0) ~ Q) _ .2: 0. 0 .~
Q)m .$!l C .0 .- 0 .... 0 C ....
X .- > 0 .... Q) "-
n Q) ;g (\) ~ m (\) m '0 Q)
ro_::s_ fOO)mmo.
lO 0 .0 0 (ij 3= .~ Q) .Q e
<owo.....-,,_c'OO'
ex) ~ .... ~ ~ ro .$!l ~ 0 =
N 0 Q) .~ E 0 x = .... <(
...::s.o ,,-Q)= .
....."'"O::sc"-o3="OE
O)lOO)moo.... 2,,-
cN C Q).:o.... (\) (\) Q)
= <ri .- .c > Q) C - (i) ....
j9("1) E....wc= Q) 0 ,,-"0
o "-m OOQ) Q)
.... :0 .E ,- ..Q.!!!. 0 Q) !E
m-c.c.c(ij"Oc~o
(i) ,- 0 0 0..- ro Q) .c Q)
~~~~~~-g~~fE
ro::so ororoQ)....ro
o......c"") "-
OCo. . Q)_"O-c 0
..... 2 >-Q).... "-iij Q) ro-
("1)....1:: m(J).a-:2 o.m
..mroo ::so.> Q)
<c C E "") '0 - c:- e ~ .2
CD ro.;::..... .",...~O (\) 0..... a.
COo. 00 +-" C -
o ro ,-.- m 0 Q)
N > ~ '0 () .9 .5 ~ C (ij
.Q:5 (\) .",...Q)....(i)_0 m
::l .- .... +-".c C "- 3= :e ....
C/)3=(\)u....Q)O'Q)o.Q
m .c 0,- 0.....
.c _ .... Q) >- (\) 0) > .-
Q. Q) m .c .0 "O..,......~ !I> ... E
CD 0 Q).... "0-"'=
U)"-"-o"O(\)C....Co
o (\) .a .... Q) m Q) .!!! .- ....
.., 0. 0 "0 m .- 0. 0.:E ~
. 0) 2 Q) Q) 3= _ "- 3= .-
= .~ ....m X 0 Q) 0 .9 ()
." .... Q) 0 .- - "0
C .$!l 0) C "- ii> t:: e Q) Q)
._ x C C 0.,,- (\) CtI3=:5
= ~ ~ CtI 0).... 0..2.Q.c
.- 0'- >'c ro Q)--....
== x :;::; .- a..... 0. (\) '3E
mQ)cQ) ::so.m
aI(i) O)Q).o c:-e~Q) C
~ ~ .~ ~ ~ ~ 0"- >.- m Q)E
'v (\) C "- .... .- 1:: Q)
- o.'a; m cEO Q) C Q)
aI_.... ~ ~= Q) 0.'- Q)
'Oii:50:;~"6e~a,
~ .~ 0 ro 0 0. 0 0..0 (\)
1!
CD
C
CD
C)
<c
CD
C
2
.Q
::l
C/)
"l"" C
o
c;;
o aI
;; E
= ...
::l.2
a.E
c"O"O.cC
oQ)CO(\)
cC(\)2€
0) 2 "O.Q ::s
C Q).oO)
.- m > C
.~ ~ e ro :;J
ro 0 0. >. m
e ro 0..0 'x
O_(\)"OQ)
~ii:~l!3Q)
ro .~ (ij = lft
.r:: .- '"
....~E"5al
l3 '.E~Q)
~..-.. .......c
o 0 -"-0 CQ) 0
ro- ,,-N
00.-:2:;.0
.....:et::o::s
. 0 00
~:c 0 mQ) .r::
ro <( - "- 0.
-(J)~0Q)
..c()ij)ro~
~ cg"")
3=g>~. .
m .- - ..... 00....
Q):t:::ro_
"- ::S.- Q) C
0.0 ~ -.-
(\) (\) 0) - 5
00 E "0 .-
L()mE~3=
~ g 8 ~.~
0) .- t::
c"OCoQ)
.- Q) ro .r:: 0.
~l;:!€"5e
.9~::s<(0.
m"-lO....=
_Q)I'"-c<(
Q)"O Q)
~5~[m
0. _ 00 0 ::s
(009(i)0)
v m (\) > .~
"~c~E
m 0 .- "-
CD ro :5 .2 .2
C .- E C
0~3=00
,gr--:~c9
::l_ro85
C/):3-iijW C
-a,.-:5.r:: ~
CD m m 5r~
U) m ~ m ._
O::Soox
'-ro"")Q)
.J ,~ N ..... C
C/)em(J)(\)
C ~ 0; 0) .$!l
:E 'w S":S .r::
::Q)_>.O
== "- ._.o:C
aI 0) (ij "0 3=
CD .~ '0 2 >.
a..E"-roc
aI,,-Q)c(\)
-oEO)o.
S 1= E 'w E en
....0000)0....0
00"00_
1!
CD
C
CD
C)
m
CD
C
o
,g
::l
C/)
"l"" C
o
c;;
o aI
~ E
!.e
a.E
~ ~ .$!l ~ .- .9
(\)ro.r::.r::3=m
0) m .2 m .!!l m
2~}t~8
.oro>.(\)roro
::so.~...-o.o
m Q) 0.1'"-= Q)
.$!l Q) E 0) <( .:
.c"-oc ."0
.... :5 0 '2 -c >-
.~ = e 'a; [ 1ij
E<(Q)E_Q)
3=.....E~,~c
mCU)Q)l:;:S
Q) Q) Q) .r:: m.-
"-E>f-::s3=
oQ)c "0_
(\) .-' Coo
~ C -c .- 0
<(O)roroSo
ro >-o.wN
enc.omm"-
~ 0 "0 mQ) ro.2
o:;JQ)c....
ro ro C .- C a.
Nx3=~Q)5
lO:go.oE~
(O~~(\)g.c
..... (\) "- CD ::l
.....>.m.2>o
O)~~m~()
.~ "0 0 0 m
19oroQ)g>E
o 00 0.._ ro
....eo;~"E2
m ,- v "- ro (J)
(i) .Q, _ 0. Cl
~ro~e~'~
roO(\)Q)<("o
O'....oEoQ)
Q) ....0. "0
Q)o<(OW.2
"- Q) Q) Q) 0
.r:: "B oj > .r:: .~
~::smQ)""c
"m::S"O>.o
(J (ijQ).o:;J
CD " .- L.. C 0
CCl:;::So::S
o (\) m "5 .- l:;
Nm::s-mm
.Q~-g~::s5
::lE:.::::;Joo
C/) = (ij C ,$!l -
.c Q)'o ~ "0 >-
c..... "- .- "0 ~ .
:~~.9.!"O~
Oe-E<(Om~~
"'00 o."-.r::
.Joo!:!:!~(ij~
C/) Q) ~ ~ _ 'C 2
c:5.au o~.~
:E.r::,2Q)O(\)N
::~......r::,~Q):C
~3="'''''.o''-
~ ro.c::s::s<(
alm3=~m"5(J)
CD::SO3= Q)-u
:a g; O).c ro~
_ 0) Q) .~ .... C <>>
aI :;J "0 ~ C '0 ....!.
'0 5'S 0 m '0' Q)
.... 0 0)3=.0 ro:5
1!
CD
C
CD
C)
(.)
CD
C
o
~
::l
C/)
"l"" C
o
c;::
o aI
;; E
U) ...
!.2
a.E
lO
Q) .QC - .ft,,;,::
N .~ ,- .- C ("I) (J).... E "-
._ "- 0) Q) - .... (\)
mU)~2E"O' 0.
(\) 1;;: C ._ C m C
.c ::s '" Q) - .... ,- -
o.-gl:; E o.(\) ~.....~
E .- 00 E..r:: E m l:;
.... 0 0. .- m
Q)3=<(moQ)o.m::s
cO)O> moro"O
...cWc"OOO) C
~ .- C "") > - :.:::
a.'O-g~ro.....Q)~m
o .... (\) '0 m (J) "0 0 Q)
._c Q)o~roC
g> Q)E ~ ~:e .... = o.'w
.... - .: C m (\) ::s
ro 0. a. .... ::s Q) ::s - .0
"-0 m.....__(\)
.... Q)'X "- "- "";:: >
(J) (i) > Q) 00. U) "0 ....m Q)>
> .- ::s C
~Q)~co."Oro.gc
.;:: "0 Q) 0 0 .~ C Q)
o .r:: .... 0)._ >
_ Q) Q) C C "0 C .-
:::'.r:: "- "- Q) Q)'weo
::s.... o..a E.: ro ro Q)
<("OE~>.l3Q)o~
....~om.Q"Oa.~<p
C () Q) 0. >- U)
Q) m Q) N E 3== 0)0
Eo."'ij) .r:: 'E- Q) ~ r3 .= 0
0.... .....-1;) en
.2 ro c 'x ):;- 0 Q) ,- ro 0)
Q) 0. 0 (\) = ro .r:: >< "- ';::
> :;JE(\)"-....Q)o....
Q)(ij'O ::s:t:::mc-~
O'c"Oiij o-ro (\) 0 Q)"O
o U) (\) :5 Q) .9 "-0 .... :0>_ .~
,- ::s C"O C
E"O-.....- m_ Q) 0 >.
c c>Q)Q)E"-O)
g .- oj Q) e .2: "0 0. .Q
o 0) ~ Eo. o.e'S; 8-"0 g
OC _Q)O-C
W:;Jn;OO)o,,-Q)(\).c
m .~ -Q) m co.> 0
.- "- (\) .- Q) m Q)
"0 xQ) U) >Q) .0 - .9 "0 Q) 0
2::s ro L..._
ro-"O"Ox~m=.ae
,- 0 c - ro'- -c - 0 Q)
g .... .- .~ .... - ro .~ ::s 0
mCQ)l:;Q)~o.....l:;c
m 0):; ~.r::'-- m m Q)
(\) E .... "0 .... iij .~ 'w "0 '0
"00.,2 C"O cl:; ~ "- ~
c 0 .- c m m ro .-
ro(i)"EQ)ro~::S="O.o
> (\) .... 0. ro "0 'S; C -
cQ)3=ox .~>j9o
.!!!-g.9gQ)23=U~~
a."- "- _0Q) ::SQ)
~-g o.m E c"O m Q)
Q)c oe_c c
.2: Q) ~ .9 '2: 0. 0 ro g> 0
~EO)~Q).9~al~!E
Q) 8- m - m _ Q) -'x ~
.r::_ (\) m"ON 0.<( Q) 0.
~~~(ijc-.Qm_m
o.EQ)(\)O(\)ui~Q)OQ)
"OcClmQ)Q)c....:S
o _ .- Q) 0 "0 0 C
() ii: .... € :;J 'S N Q) .9
CC .-t....c'OE
N,-Q).213Q)~::S 0)
o (ij E .... ro m 3= (J) 8-.~
o .- 0. Q) - 0) ~ .c - "0
Nl:;OmoC"-o.O)c
~(i)c=:;J~Q)ii>&
Q)"O > (\) .0 ,$!l > m"O m
~,~~a:: a~.9~ ~ ~
'g
CD
-
aI
C.
'u
;::
c
<c.a-
... .-
.e:e;
.!l~
aI
o CD
C) g
NN
c
o
;
U)
CD
::l
a
5 g ~ .E 6 ~ $ ~ g- 5 :s ~ 1U .9 ~ ro ;i- ~ 5 0
S~~.J::ol-m=l-~ ~=Euu~~~~S~
c~CID~ ~Em~ $Q);:)cQ)Q)~Q)
o$~Q)E'mc-~ Q)c~EUQ)~UsU
€-cuu oQ)~5 .J::Q)Q)mmuc_um
~Q)T ;:)m~-Q)o --~0~~2-0;:)~
;>= ~~U ~~~~ c >.~o ~ cCf)...... Q)o"::;
.~ c .9 ffi <0 C $ Q).Q .0 $ m c m . _I/) ~ .E m
b'- ~ ~ ~ ~;:) m U - m >. Q) E I/) C m _ ~
.- u 0 I/) c _ E -e ~ ~ E = Q) E .J:: ~ I/) 0
~Q).o-=~m-mc~_~m.oQ)mo~Q)Q)
Q)~mE~cc~Q)Q)~~ogQ)~o""'-~~
.~ ~ -; ~ .H! o~ .& a. ; ~ ~ ~ 8: ~ ~ ~ [Ci5 8 [u .
=>Q)-e~m-~~o=~omc.J::__ ~E.9m
~~&a.~lm~~~~:~:~!~~~8~~
~~~~~u8m~~~~:~~~i~Q)~~~
....,~I/)~~ cU~ccl/)Q)c~E~~=Q) m
~Q)I/)E~~Q)u mOoC~~o-m-~.J::~
002~Q)~~~cmo~~0;:)--e Ol/)~B
u c ~ .J:: 'S; - - m .b I/) C = ~ m ~ I/) ~ . I/) 0 ;> u
c=>TIOQ) 5mc~~0;:)-~~~00~~uQ)
ml/)mQ)~cu Q)Q)X I/)OQ)Q)~ .0 ~I/)
- -.J::.!..O -U-Q)U Q)cc~-EoQ)1/)
~Ebl- Q) c<( I/) g.J::$-a~1ij Ou 0 Q)(Y) c 8
E 0'- . 2t::$!. 0 II) =- c: :!::.~ Q) 0> a.. ~ c: Q) E c: t 0
=....,~~ <O~~~Q)3=g~'E EmO) ~[s
Q)~~~s~~o~~.J::w....,u~8w~~-I/)Q
~00~~~~w~~0~~~~~_5~~~ms
o u => ~ Q) ;:);:) :c E I/) 00 ~ 00 ~ .E U c 0 .J:: Q)
~offi~.J::~o:::iECf)~u~~~~~~Q)-EQ)~~~~
Q) 0 ~ .J:: o....!::: . m I- .0 ...., - .J:: 0 '-' -
o__~ -~ -- ~ EI/)I-Q) -c
.J:: .Q <5 m I'-- 1! a. Q) U Q) 00 - . Q) m 0 5 ~ ~ 00 Q)
~ u U :g LO m Q) I/) .J:: ~ j!! I/) :c - '-'m" Q) cO t:
Q) Q) Q) U ~ 0 ~ - 00.. c . 0 .0 w .J:: b E _ ;:)
I/)cQ)~~Q) =.....,oou~I/)~~~-oEe~Q)oo
o c >..J:: II) . Q) .- 0 - . m ~ I/) I/)
...., m ~ ~ I/) I/) I/) 00 ~ ~ U:c ~ C) ~ ~ LO Q) Q) ~ Q) .-
~~~o~mU I-~Q) ~I/)-~~II)~~~.J::
Cf) 00 x ~ ;:) ~ O.z:. . Q) .J:: U m :, :::iE a.. ~ c m .- .Q
__Q)~~ .J::_-~-;:)O)Cf)Q)~u =>E:::iE.J::
00Q) Q)&>.a~usOo~uQ);:)5cQ) c3=
Q) u m - m -.J::U ~ I/) w 0 - ~ .- E
~&~~~~m_~~~ Q)Cf).J::ml/) j!!~1/)
uQ)I-~.J::~~u~~;>~~~1- E~Cf)~~~
Q)'E~~bmcffiQ)~~Cf)0::>0~~~~l/)ffig
.J::UQ)~- m ~ _1/)=u~m~1/) .J::~~
- > 0 ;:) m I/) " Q) m - - Cf) > = 0 Q) ~ .- E i5
sQ)~m~ ~~~~g~mzQ):::iEa.~uJoQ)
.J::.J:: o-Q)Q)Q)~"5-m:C:::iE-c ~ ._0Q)
~ I- m 0 ~ > E u ~ 0 I/)U - Q) .- Q) ~Ci5 Q) >. Q
;>~5~U~-e2Q):g~~~b.~~.J::uE~Q)
I/) ~ 0- (Y) ._ m I/) U c 'c ~ c .- ;:) .!::: ~ ~ C I/) 0 U
-Q).uE ~~-0=Q) ~U>Q)3=mm~1/)
Ul/)ccQ)~~SmooU~Q)~~Q E.J::c~
~o m.J::C ~xQ) m>~I-I/)Q) .em
Q) ...., m I/) 0 Q) .J:: Q) ~.;;; ~ . ~ 'c _ -~ u Q) :::iE oQ):t::<(
c u _ 0 I/) VI ro u u _ u ~ Q) .- - U
Q)~.8$2mco~UQ)Q)"""c~-~~-~~
m_l/)cmI/)E~:cB~~5$m ~~Cf)00~5
o Q) Q)U Q)u--~ Om Q) Q)~ I.J:: '.--
~ 0)'0 0 ~b'E;:) m c;:)<(__ c..::; Q)_~U m
oobQ)l/)-c-oo~Q)~ Cf)moo~m..::;Q)S
~6~Q)u~~ouiu>.5U~~LOI/)!QE~
Q)Q)0=ffi~2~~~~J5~~~~~Q)~i~
~= ~ .9 c :5 ~ 00 -e 6i:$ 'w U ~o ~ ~ ~ j!! e>.E
<5~m.J::~0~E~m~m~~uSo U~~Q)
Ul/)m~~5~~-:cg~ECf)5=>::>=>~Q)Q)g
Q)Q)~O .J::--E .J::cEE Cf)Cf)Cf)cC.J::Q)
-Q)~Q)-omooo-ooQ)UUUQ)c-~
~~g~=~UE~~$!U~5Cf)Cf)ooU~oCf)
.s::.
~
ftJ
Q)
U)
Q)
a:
~c
..0
c:g
Q)-
Jji
.. c
.,,-
c
o
..
U)
Q)
::s
G
..!a"E:.9
8mu
~ 0 Q)
m m x
~>Q)
c ~c
Q) c C
+-'~cu
U).~ >.
Q)X+:l
~ Q) C
;:) Q)
-.J::O
g ~ ~
.b3=Q)
1/)-0)
ul/)m
~ ~ Q)
m 0 ~
u...o
c 'v m
j!!I'--U
I/),":~a;j
-g e~ E
I/) "5~
.J::I/)~I/)
~Q)~:C
3=ec:::;
-m;:)m
II) 0.._ ~
~ 0;>
00> Q)
Q) Ii)'-
m~Q)>
IO.J::~Q)
<O-o~
. .- m m
~~Na..
_Q)LO ~
I/)Ecrim
~ ~~c
o 0 .-
~Q).H!E
m>Q)=
~Q)0Q)
cU~a.
Q) - ~u
$moc
X. .- .! ...
._!L.... ,,,
I/)U -
I/);:)uj!!
cUcC
.- c m Q)
j!! .- E
C""';":::"c
O.J::Uo
0.2> ~.!:::
<( ~u >
c c
Q)=mQ)
C'f-............
o.E ~ 0
~~;:)U
;:) 0 I/) Q)
Cf)-0:C'
Q)Q).!;:)
0.0-1/)
cml/)Q)
Q)~Q).e
'g ~ :; -;;;
o U'-
m~2i3
Q) -.-
.J::~I/).J::
~~-3=
m .~ b
o <0 - .-
....,I'--I/)U
.;:)
.0 u Q)
Ci5 ~.E =
"
Q)
-
l!
o
"C
Q)
1)
eU)
cC'i)
Q) ~
C ftJ
2 a..
.a"
::s Q)
(I)~
cD..
C 2
"2 -!
'ti) C
Q):J
::s ...
Go
g>~~~.E
.-'- m c.J::
E I/) .- ~
~cum3=
o Q) Q) .- Q)
'E~>el/)
o~eQ);:)
9~~Em
c E ~ E 0-
oomo.b
cu>.o~
g>~m5~
~ - E - .-
.~ c 5 ~ g>
x .- _ .0 ._
Q)Q) mE
w...~ ~
.E ;:) 0 ;;! 0
m "0 VI -
-m'!::_c oft
C ._ I;;; I/) 0 VI
8e8~9m
Q) oc;:)
.eE-mo
.QE~~.s~
-5:00Q)~~~
;> C:-_Q)
~Q)~Q)~~
Q) '- 0 -0 II)
"';:)-~cQ)
o "5 .~ m .- ~
m-eo...c:c
oo-oQ)Q)ojg
~~E:5$~
cwj 3= E: . _.~ ;:)
-oob.....u
I/) - (,) .;;:: ~ Q)
- U 0 C .~
Q) Q) c: _ .- =
o <tl~--
... U .Q "5 .~ ;:)
[.~5~ ~~
Cl/)IOccC
Q)m......Q)m;:)
~~:z:[~o
.J:: m..... 0-0-
-c'-Q)I/)
I/) .- CI) Q) c ~
Q)E9~3=~
~3=mQOLO
Ol/)c.Q~N
cQ).-EQ)....'
.- E 5 0 5 c
mo'-c::ml/)
Q).J::3=ooQ)
5m~~~e
N~~.J::S[
.oQ)(,)o.l/)~
;:)~mQ)Q);:)
Cf)~N~OS
Q)Q)O>....,~u
oUc>>~o.c
~2-Cf)Q)m
.- I/) I/) Q)' -
o_-Q)~tU
~.~85=Q)
.- +-" s............. s....
m~mE.....m
.c:Q~u~m
a. I/) ~ $ E '0
m~Nm~~
0-..:-::. 6>~ E
...., ~ c 'w ~ E
~1/)-a.mQ)Q)o
Cf);:) uuo
'0
Q)
-
l!
o
"C
Q)
-
Q)
eU)
mCi)
Q) ~
C ftJ
2 a..
.a"
::s Q)
(I)~
cD:w
C 2
o Q)
"- '0
'ti) C
Q):J
::s ...
Go
<0
E
m
~
-
u
Q)
u
'5
~
~
m
I/)
~
m
a.
Q)
~
.J::
-
<(
o
~
o
m
N
LO
<0
~
~
~
.E
m
-
o .
-u
I/) Q)
- N
Q)=
o~
~ ;:)
m ~
~Q)
Q)-g
~ ;:)
.J:: >.
--
-
I/) c::
Q) ~
u~
;:) ;:)
00
.Eu
uffi
Q) Q)
c I/)
o ;:)
N-
.om
;:) .;::
Cf)U
Q) ;:)
OU
c:: .E
Q):::::'
.- m
o ._
I/) 0
o ~
.- Q)
mE
.eE
0.0
m 0
o Q)
....,...
;:)
.-
-;:)
Cf)_
'0
Q)
-
l!
o
"C
.!
Q)
e
0:
Q) ~
C ftJ
2 a..
.a"
::s Q)
(I)!
u)..
C 2
o Q)
.- '0
'ti) C
Q):J
::s ...
Go
g~
o
Q) N
ffi.g
Q)OO
Ciial
.c I/)
-0
'OQ.
~K
c c
-:c
oj~
-3=
..01/)
(IJ Q)
"0....
=0
.E(IJ
o
.~N
>-
lfij
C (IJ
2 .1;;
..ox
:::7 0
1/)0.
.c9-
a. ......
Q) .
I/)ID
OQ)"-:"
"'c"O
. 0 C
-N(IJ
00..0"
Q)
Q) :::7 :>
.cOO:>
......"""'(0
....o+-'
.e<(~
"0 ~.2
Q)o:o
I/) N :::7
o ..0 Q.
Q.:::7-
e 00 I/)
a.....c
Q) .-
Q).c~
f6> 'ijj 1;)
Q) C C
6 .- 8
(lJE_
Q)3=~
~J!3E
.....5 g.
o~_
b1;)~
.- C Q)
00-0
'ffi' ~ .9
Ec+-,
Q) 0
1;) E .~
(IJ a...o
>.Q ~
Q) Q) I/)
.c >.-
I-~()
... ca
o Co)
"0 -
CD~
Q..c
,go.
CD 0
>-
CD CD
"2::1
CDQ
'tS CD (I)
:5 .5 .2
....E~
... ...
C.S!CD
0...-
.- CD Co)
1;) Q. l!
CD C ca
::IO.c
ozo
'.2 al (IJ
:0 Q..Q.
Q.:::7 0.2
(j)c
"0>:::7
C Q) E
(IJ"O
.... >- Q)
~u;1O
<1>55-
I/) 'S; ~
E~<(
oQ..
+-'Q)Q)
I/) .c E
L....7" .+-of __
G>c+-'
3='- I/)
Q) .c .-
I/)~~
~Q)1O
(IJ-
~ ~ Cl
~ =.5
1/)~1ii
..:(lJa
fdg~
~(ij(IJ
(ij Q).5 .
.Q. ffi ~ ~
.2 I/) ~ E
c Q) a. (IJ
:::70 -
E.-.... Q.
>-~O~
..o(l)'O~
"0 c .~ 'e
8~.g=
.- (IJ I/) Q)
e: 0 ....
CD .- Q) Q.
(l)5~.9
~E(I)'O
c E .- Q)
Q) R ...,...
~Q)~~
0(j)0(IJ
I/) +-' (IJ Q)
.- -0 ro ....
I/)c,....(IJ
~ (IJ Q)
o >- ~~
(IJ e>'2 J!3
~ ~'(ij.~
ciQ)E~
L02~b
<C ~ Q) '0
Q) O".c [
cQ)l-~
.s~mb
:::7 ui 6=
00 >- (IJ 0
(IJ ~
.5 3= (\') ~
.c "0 ..... +0"
~eg~
<I:
CD
C
2
.Q
::I
t/)
e
::I
..
Co)
::I
...
..
(I)
l!
-
.5
0;
C
o
;;
(I)
CD
::I
o
Ii>
~
I/)
E
....
.9<<i
I/) Q)
- ....
.... (IJ
~ Q)
Q):$
(I) C
~:c
(IJ~
~3=
~~
(1)..0
_ (IJ
'- :=
2~
~ (IJ
o
(ij.!!!
Q.(IJ
'0 Q)
.c ~
::::l (I)
E 8
>-.-
..oe:
"OQ)
Q) (I)
.2 c
e: .Q
Q)+-'
I/) ~
>- '2
;:::7
c E
~ E
:::7 0
o 0
I/)~
.- Q)
........ +-'
1/)-0
~ C
o (IJ
(IJ>-
roe>
LOQ)
'C
~Q)
-Q)
ID10
Q) :::7
cO"
o Q)
~~
:::7 .
oo~
~~
~ "0
3= (IJ
e
Q) 0
f6>=
~.g
OQ.
(IJ-o
<(~
CD
C
o
N
.a
::I
t/)
e
::I
..
Co)
::I
...
..
(I)
~
C
-
0;
C
o
;;
(I)
CD
::I
Om
,....
-a~
:g e
o :::7
..,g
.....~
00>-
.5 e>
5Q)
'3: ~
(I) Q)
0<10
e :::7
(lJO"
Q.~
Q)<(
~ .
.c.!!!
-Q)
Q) e
5[
.9'0
c.~
8.g
(IJ (I)
'5'Q)
(IJ~
.~ 0
-
~ .5
:::7"0
'OQ)
2"g
1;)2
~~
.5 c
.... Q)
Q) Q)
3=..0
:go
C
E Q)
.... >
.9(IJ
I/).c
"gJ!3oj
(IJ ~ .1;;
CiiE;;
3= Q) .-
Q)~~
(I)....+-'
.",.a.(IJ
\:.." E I/)
(IJ .- Q)
~ s..:~
c Q) I/)
(IJ > Q)
(l)Q).c
..:3=-
2.,gm
~<5~
- (IJ
[~1ij
:2 2 fa
5 ..0 Q)
:!:~ffi
CD
C
S
::I
t/)
!
::I
'S
2
-
(I)
l!
...
.5
0;
C
o
;;
II)
CD
::I
00
St. Joseph Bioscience Acreage Allocation Application
Questions 1 & 2:
Included with mapping
Question 3: Methods to Increase Economic ODDortunitv:
The City of St. Joseph and the St. Joseph EDA have provided outreach to commercial and
industrial businesses since the EDA was established nearly a decade ago. Marketing strategies
have included, but are not limited to,
a. Community brochure available. Brochure distributed at meetings with business
prospects.
b. Formal proposal template developed. A four-color template has been developed by
the EDA to respond immediately to requests for information from development leads.
The proposal has been reviewed by a national site selection firm and given an A+
rating. The proposal template incorporates GIS maps to highlight available sites,
transportation corridors, future land use and potential development constraints. The
proposal template also provides contact information, utility/infrastructure information
and information regarding development assistance available from the City. The
template is personalized for distribution to development prospects as leads are
received.
c. The City has created a fact sheet regarding incentives available for qualifying
development and/or redevelopment projects. The fact sheet is distributed to
development leads and available on the City of St. Joseph website.
d. The City of St. Joseph website includes information relative to the EDA and EDA
activities.
e. The City of St. Joseph is a member of the St. Cloud Area Economic Development
Partnership. As a member, the City lists timely information regarding available sites
on the Partnership's website.
f. The City of St. Joseph has a complete community profile listed at the DEED's
MnPRO website. In addition, information regarding available sites is listed at the
MnPRO site.
g. A local business retention and expansion program has been developed.
h. The City's Comprehensive Plan includes and economic development plan.
i. The EDA annually updates five-year goals and an immediate twelve-month work
plan.
The City of St. Joseph has issued an RFP for market research pertaining to business and office
development potential/absorption capacity and industrial market positioning. The City is currently
reviewing proposals received. The market research report is expected to be complete by January
31st of 2007. The market study will assist the EDA in positioning the City within the regional
marketplace as well as identifying specific industries to pursue. The market study will also be
used as a tool providing business leads with applicable material.
Question 4: Pro Dosed Tax ExemDtions:
The City of St. Joseph and the St. Joseph EDA have approved business assistance (subsidy)
criteria and a tax increment financing/tax abatement policy. The business assistance policy
requires qualifying jobs created must be at or above 90% of the median wage for the applicable
job classification within the St. Cloud MSA as illustrated by the most current QWEC data available
from DEED.
Question 5 - 7:
Including with mapping.
City of St. Joseph Bioscience Zone Designation Application
Page 1
Question 8: Hiaher education/research institution.
Being completed by Tom Moore - SCAEDP.
Question 9:
Including with mapping.
Question 10: Development Plan Goals and Obiectives:
The St. Cloud MSA is projected to grow to a population of nearly 110,000 by the year 2030, an
18% increase. The available labor force is expected to increase by a similar percentage. St.
Joseph is included in the St. Cloud MSA and has been experiencing significant residential growth.
The industrial sector has been expanding but at a slower rate. The number one goal of the EDA
is to promote additional investment in the industrial sector. Several factors have lead to a limited
number of available industrial sites. To those ends the St. Joseph EDA has been actively
partnering with development firms to promote the production urban industrial lots at affordable
prices.
Specific Bioscience Development Plan goals/objectives include:
1. Mobilize and activate outreach to bioscience/biotechnology manufacturing and
production facilities.
2. Coordinate local development plan with regional development plans.
3. Organize political, business, health care and educational communities around
campaign to expand bioscience/biotechnology sector.
4. Provide solutions to bioscience/biotechnology industry needs relating to facilities and
infrastructure.
The St. Joseph EDA plans to specifically address quantitative goals for industrial development
including those related to bioscience/biotechnology sector following the completion of a market
research study. The EDA has informally discussed a goal to increase the commercial/industrial
tax base by 1.3% annually (approximately $.5 million investment annually). Currently 16.5% of
the City of St. Joseph's estimated $235 million market value is contained within the
commercial/industrial sectors. Mn. DEED estimates 1,811 employment opportunities are available
within the City of St. Joseph. Pending the results of the market research study, the EDA has
informally discussed a goal of adding 15 to 25 employment positions annually.
Question 11: Development Plan Strateaies:
Specific bioscience development plan strategies for the City of St. Joseph include:
1. Establish five-year work plan for Bioscience subzones.
2. Develop a business park specifically designed for and marketed to bioscience
biotech industries.
3. Analyze existing market conditions to determine potential bioscience/biotech market
niche.
4. Conduct active outreach to target industries.
5. Analyze facility/infrastructure needs specifically relating to bioscience/biotech sector.
6. Develop marketing materials specifically targeted to bioscience/biotech sector.
City of St. Joseph Bioscience Zone Designation Application
Page 2
7. Coordinate local and regional marketing efforts to increase the reach of the marketing
plans while avoiding duplication.
8. Join Science Initiative of Central Minnesota and conduct other means of outreach
intended to organize health care, business, political and educational communities.
9. Conduct proactive analysis to determine specific needs of bioscience establishments
that could be filled by facilities within the City of St. Joseph.
10. Ensure continual capacity exists to serve the needs of bioscience establishments
including, but not limited to, municipal services, transportation infrastructure,
electrical and telecommunications infrastructure.
Question #12:
Being completed by Tom Moore - SCAEDP.
Question #13: Existing Resources:
The City of St. Joseph currently offers the following resources and/or resource referral for
business and industrial activities within the City.
1. Tax Increment Financing
2. Tax Abatement
3. Industrial Revenue Bonds
4. Small Business Development Loan Program (DEED)
5. Minnesota Investment Fund
6. Revolving Loan Fund
7. Minnesota Community Capital Foundation
8. Incentives from Energy Providers
9. Technical Assistance
10. Job Training/Retraining Resource Referral
Question #14: Existina Economic and Community Development
Bioscience zone designation would compliment and further local efforts by the St. Joseph EDA to
broaden and diversify the local tax base and expand employment opportunities.
The Economic Development Plan supports outreach to business/industry that is compatible with
urban development, that accompanies existing establishments and that provides quality jobs.
Existing 'incubator' space is available within the City of St. Joseph.
The St. Joseph EDA has identified an 'urban commercial renewal corridor' adjacent to CSAH 75
within the community. The purpose of the renewal corridor is to recognize and remove potential
impediments to redevelopment and infill within an aging commercial corridor. Commercial parcels
included in the urban commercial renewal corridor are proposed for Bioscience zone designation.
City of St. Joseph Bioscience Zone Designation Application
Page 3
In addition, the City of St. Joseph/St. Joseph EDA have been actively involved in the creation of
additional industrial lots within the community. At this time the EDA is working with two
developers to establish a new business/industrial parks. The first development is undergoing
preliminary platting at this time. The second developer is searching for potential lead tenants prior
to submitting a conceptual sketch. Both developers have expressed an interest in establishing a
specific area (or business park) devoted to bioscience industries.
The City of St. Joseph has also made a conscious decision to pursue an downtown revitalization
effort. Ownership of the downtown project has been transferred to the public at-large and private
sectors under the supervision of the EDA. At this time approximately 50 people are serving on
one of four committees (organization, urban environs, marketing and resource development). The
purpose of the downtown revitalization effort is to create a pedestrian friendly, identifiable 'heart
of the city' building on the presence of the College of St. Benedict within the Central Business
District.
The City of St. Joseph is a member of the St. Cloud Area Economic Development Partnership,
the St. Cloud Chamber of Commerce, the St. Joseph Chamber of Commerce and the St. Cloud
Area Planning Organization.
Question #15: Reducina Reaulatorv Burden:
The City of St. Joseph has information available for business establishments interested in
expanding or locating within the City of St. Joseph. The information is available at the City's
website or written copies can be picked up at City Hall. The information details land use and
subdivision processes and applicable applications/steps. In addition, an EDA consultant is
available to assist business applicants in navigating the development review process. Information
pertaining to state and federal regulations and/or referral to appropriate agencies is provided to
business prospects by the EDA consultant.
Question #16:
Being completed by Tom Moore - SCAEDP.
Question #17: Job Growth:
The zone designation and associated work plan will assist in the creation of an environment
conducive to growth and expansion of manufacturing/production facilities within the bioscience
industry timed to coincide with regional efforts by the Science Initiative of Central Minnesota and
the St. Cloud Area Economic Development Partnership.
City of St. Joseph Bioscience Zone Designation Application
Page 4