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HomeMy WebLinkAbout2006 [12] Dec 20 CITY Of ST. JOSEPH www.cityofstjoseph.com Administrdtor ludy Weyrens St. Joseph Economic Development Authority Meeting Notice VVednesday,December20,2006 3:00 p.m. City Hall MdYor Richdrd Cdrlbom 1. Call to Order. Councilors AI Rdssier Ross Rieke Renee Symdnietz Dale Wick 2. Approval of Agenda. 3. Approval of Minutes. a. November 15, 2006 4. Accounts Payable and Financial Report. a. Approval of Accounts Payable b. Approval of Financial Report 5. Business. a. CSAH 75 Renewal Project b. Business Retention and Expansion Program Presentation c. 2006 EDA Annual Report - 2007 Goal Setting d. 2007 CaJendar and Reimbursement forms 6. Director Report. a. Prospect LisUActivity Report. 7. Board Member Announcements. 8. Adjournment. 2)" College Avenue North' PO Box bb8 . Sdint. Joseph, Minnesota )"b174 Phone ,20.,b,.7201 Fax ,20.,b,.0'42 CITY OF ST. JOSEPH ECONOMIC DEVELOPMENT AURTHORITY Meeting Minutes - Wednesday, October 18, 2006 Present: EDA Board Members Richard Carlbom, CarolynYaggie - Heinen, Ken Jacobson,and Tom Skahen. Absent: Ross Rieke. Also present: Mai Yang, SCSU Intern and Cynthia Smith - Strack of Municipal Development Group. Vice Chairperson Car/born called the November 15,2006 meeting of the st. Joseph EOA to order at 3:05PM. Agenda. Vice Chairperson Carlbom introduced the agenda and requested the addition of a discussion regarding the 2007 appointment. Moved by Skahen seconded by Jacobson to approve the agenda, with the addition of item 5 (e) regarding appointing members in 2007. Motion carried 4-0. Approval of Minutes. EDA chairperson Carlbom noted the minutes from the October 18, 2006 meeting were included in the packet. Motion by JaCObson, seconded by Heinen to approve the October 18, 2006 regular EDA minutes as presented. Motion carried 4-0. EDA Accounts Payable. Carlbom introduced the topic. Strack noted accounts payable for the month an included invoice for contracted services in the amount of $2,236.08. The total hours provided by MOG, Inc. through October30lh equaled 340, on target for the contracted 420 hours of services for the year. Strack added that mileage reimbursement in the month of October is higher than usual due to downtown revitalization meetings. Motion by Jacobson, second by Heinen to approve the EDA accounts payable for the month of October 2006 in the amount of $2,236.08. Motion carried 4-0. Financial Report. Car/born introduced the agenda item. Strack noted the October financial reports were contained in the packet. Reports presented included: revenue, expense, check register and fund balance. Strack noted the balance of the Revolving Loan Fund is $23,000. Motion by Jacobson, second by Heinen to approve the October financial reports. Motion Carried 4-0. CSAH 75 Renewal Project. Vice Chairperson Car/bom introduced the topic. Strack noted the October EOA meeting, the EDA, City Council and Planning Commission held a joint l11eeting to discuss a potential urban renewal project on the comer of CSAH 75 and College Avenue. During the meeting the EDA received input from members of the City Council and Planning Commission. Car/bom noted that some Council and Commission members appeared to support moving forward with potential renewal plans. Skahen agreed with Car/born stating the EDA received some positive feedback, EDA Minutes - November 15, 2006 but at the same time advice such as a suggestion to talk to property owners prior to investing too much time in the project. The EDA members suggested getting more in-depth information from business owners, seeing if business owners are interested in relocating and getting some feed back from residents. After the initial asking stage the EDA would likely have a better understanding of what the next step should be. Carlbom requested that for December EDA meeting, staff should bring in contact numbers of business owners/residents and names of resident within the specified area. Business Retention and Expansion Update. Carlbom noted the topic on the agenda. Yang reported on the progress ofthe BRE and noted the businesses visited were included in the EDA packet. Yang indicated the two possible approaches to solving businesses issues regarding a perception of increasing property tax rates after short- term projects, architectural designs, redevelopment and concerns regarding available incentives through the EDA. A potential approach to solving issues regarding potential increases in property taxes due to building enhancements would be to provide a property tax calculator on the City of St. Joseph website or to provide a link to the property tax calculator located on the League of Minnesota Cities website. The tax calculator will allow business owners and residents to figure out how much their tax could be after construction and/or redevelopment. The second approach is to post bi-monthly or quarterly economic development activities regarding incentives, new development, and projects in the Newsleader. Members of the EDA also asked staff to contact Janelle Von Pin non from the Newsleaders about adding an EDA column. Bioscience Zone Acreage Allocation Application. Carlbom noted the topic on the agenda. Strack summarized the joint application for bioscience zone acreage allocation submitted by the cities of St. Augusta, St. Cloud, St. Joseph, Sartell, Sauk Rapids and Waite Park. The acreage allocation should be completed by March 2007, but at this time there was not a State budget allocation to fund the tax free bioscience zone. Strack noted the application submitted included a development plan, complete with goals and objectives designed to mobilize local efforts and resources to assist science-based companies that seek to locate or expand in St. Joseph. The bioscience zone acreage allocation application required local cities establish potential minimum quantitative measures to evaluate the effectiveness of outreach measures. Strack noted the initial application defined a successful program as generating 15 to 18 jobs within the City annually. The EDA discussed the bioscience job creation/retention goal and a second bioscience goal to increase the market commercial/industrial tax base by 1.3% annually. 2007 Municipal Development Group Contract. Vice Chairperson Carlbom introduced the topic. Strack stated it was a pleasure working for the City of St. Joseph since August 2001. The one-year contract with the city will be over and MDG, Inc is interested in providing economic development consulting services for the year of 2007. A total of $28,000 was included in the preliminary budget of EDA staffing services. The current MDG, Inc contract rate is $1,820 for 35 hours of service each month (420 hours per year). If the EDA wishes to continue with MDG, Inc professional consultant, MDG proposes a five and a half percent increase in the hourly compensation rate, bringing the compensation to a flat rate of $55 per hour or a monthly contract rate of $1,925 per month or 35 hours of service. Motion by Skahen, second by Jacobson to approve MDG contract for 2007. Motion carried: 4-0 EDA Minutes - November 15, 2006 2007 Appointment Carlbom noted the topic on the agenda and stated that Shaken and Rieke terms will be expired 2007. Skahen will remain on the EDA Board if the EDA and Carlbom so desire. EDA member Rieke membership will expire with his Council term meaning a new representative from the Council will be appointed to the EDA Board. Board Member Announcements. Vice Chairperson Carlbom introduced the topic. Jacobson reported he is considering adding a second shift at CMS Auto. A,djourment. Motion by Jacobson, second by Heinen to adjourn. Motion carried 4-0. Meeting adjourned at 4:37PM EDA Minutes - November 15,2006 www.cityofstjoseph.com CITY Of ST. JOSEPH DATE: December 13,2006 Adrninistrdtor Judy Weyrens MEMO TO: FROM: S1. Joseph Economic Development Authority Joanne Foust & Cynthia Smith-Strack, Municipal Development Group MdYor RE: Richdrd Cmlborn Accounts Payable - November 2006 November 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 November Econ. Dev. Service 150-46500-300 Amount $ 2,356.23 $ 2,356.23 Action: A MOTION is in order to approve the Accounts Payable. B. Financial Report: November 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 ')6'314 Phone ,20.,6,.7201 FdX ,20.,6.,.0'42 .~ .. . MUNICIPAL DEVELOPMENT GRoup, INC. 25562 WILLOW LANE NEW PRAGUE, MN 56071 952-758-7399 FAX: 952-758-3711 mdg@bevcomm,net INVOICE City of St. Joseph Attn: Judy Weyrens City Administrator PO 668 St. Joseph, MN 56374 Invoice Date 12-01-06 I Payment Tenns: 30 days I Customer ID #: ST J06ED Project November Economic. Development Services See attached detail $1,820.00 Monthly contract fee-35 hrs $ 536.23 1203 miles x .445 $2,356.23 . Amount: Code to: 150-46500-300 for general EDA Remit To: Municipal Development Group, Inc. 25562 Willow Lane New Prague, MN 56071 Dates-EDA November 1, 2006 EDA Office Hours November 2, 2006 Hours at MDG Office November 3, 2006 Hours at MDG Office November 8, 2006 EDA Office Hours November 15, 2006 EDA Office Hours November 16,2006 DT Urban Envir. & Promotional Group November 21, 2006 DT Work Group Chair meeting November 22, 2006 EDA Office Hours November 29,2006 EDA Office Hours Total November, 2006 7.50 hrs. C. Strack 6.25 hrs. C. Strack 3.75 hrs. C. Strack 9.00 hrs. C. Strack 8,00 hrs. C. Strack 2.00 hrs, C. Strack 1.00 hrs. C. Strack 3.50 hrs. C. Strack 7.50 hrs. C. Strack 48.50 hours Total MDG, Inc. 2006 Hours through November, 2006 = 388.5 Thank you! We appreciated the opportunity to work with you! I Check No. Date: Principal www.cityofstjoseph.com CITY Of ST. JOSEPH DATE: December 13, 2006 MEMO TO: Economic Development Authority Administrdtor Judy Weyrens FROM: Cynthia Smith-Strack Municipal Development Group RE: CSAH 75 Renewal Project MdYor Richdrd Cdrlbom Background: EDA Board Members discussed feedback from a joint meeting with the Planning Commission and the City Council relating to the CSAH 75 Renewal Project at the November meeting. Councilors AI Rdssier Ross Rieke Renee Symdnietz Ddle Wick Following discussion, the EDA directed MDG to prepare a list of property owners and contact information for properties within the potential renewal area. MDG has prepared the attached list for EDA consideration and discussion Action: This item is for EDA information only. 2) College Avenue North' PO Box 66s . Sdint. loseph, Minnesotd )6')74 Phone )20.)6)'7201 FdX )20.)6).0)42 ... G) .a 0) ~ 0 ~ 0 N 0 0) 0 C") 0> 0> C> 0> C") ~ e U; 0 0 0> 0 ....... i N U; ....... in ~ CO ....... 0 lD 0 0 0 0 ~ C") CO :s ....... ..... 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Cl :;: 0 CI) all -0 ~ (/) ~ G) c: ~ ~ :;: I CD m ~ '2 CD ~ i!: e:- "3 ..c: ~ .m ~ ~ fij ~ to) le ftl :E cD :E c: CD as as as le :is Cl c:( Cl :l: 0 Cl ll.. 0 '"'",) ::.::: m ::J "C c: .!! ~ .2 ~ c: as CD (/) ~ -g .!! (ij ~ ts as 0) c: '2 ~ c: CD j ~ g ~ l.) U> '6 U> jg o c: ~ C) c: '6 l'll ..c: CI) Li.i I- o Z MUNICIPAL DeVELOPMENT GROUP, INC. Date: December 13, 2006 Memo To: EDA Members City Administrator Weyrens Memo From: Cynthia Smith-Strack, MDG, Inc. RE: BRE Results Presentation Background: Ms. Mai Yang has completed her internship with the City of St. Joseph. She will, however, attend the December 20th EDA meeting to present results from the Business Retention and Expansion program she developed and implemented. Action: Review/comment on the BRE results is appropriate. THIS PAGE INTENTIONALLY ,LEFT BLANK - MUNICIPAL DEVELOPMENT GROUP, INC. Date: December 13, 2006 Memo To: EDA Members City Administrator Weyrens Memo From: Cynthia Smith-Strack, MDG, Inc. RE: Annual Report of EDA - 2006 Background: Attached is a draft report of annual activities of the St. Joseph EDA for calendar year 2006. The report satisfies a requirement to report annually to the City Council regarding EDA activities. Action: Following review and comment a MOTION to authorize submittal of the report to the City Council is in order. THIS PAGE INTENTIONALLY LEFT BLANK 2006 ANNUAL REPORT OF THE ST. JOSEPH EDA The 81. Joseph Economic Development Authority is required to submit an annual report to the st. Joseph City Council. The purpose of the report is to highlight EDA activities over the previous year. 2006 APPOINTMENTS: The following appointments to offices were made at the January 18, 2006 EDA meeting: Chair: Vice Chair: Treasurer: Secretary: Member at Large: Ross Rieke (Council Representative, term expires 2006). Richard Car1bom (Mayor, term expires 2007). Tom 8kahen (At-large representative, term expires 2007). Carolyn Yaggie-Heinen (At-large representative, term expires 2012). Ken Jacobson (At-large representative; term expires 2011) Carolyn Yaggie-Heninen was sworn in as a member of the EDA Board on March 15, 2006 replacing outgoing Board Member Bruce Gohman. Board Member Tom Skahen's term expires January 1, 2007, however Skahen may continue to hold the seat if he so desires. Otherwise, 8kahen is to hold the seat until a successor has been appointed. A plaque of appreciation for past service was presented to Mr. Gohman at a City Council meeting. MISSION: The mission of the EDA is to provide a professional management program which assists industrial and commercial development activities that minimize impacts to the environment, transportation system, municipal water and sewer and financial resources for the City of 81. Joseph. CORE INITA TIVES AND STRATEGIC DIRECTIONS: The EDA conducted its annual prioritization analysis during January and February of 2006 and selected the following priorities: 1. Promote commercial c;tevelopments that maximize the return on City investments in public facilities and services, expand the tax base, provide quality employment opportunities and complement existing services. 2. Promote industrial developments that maximize the return on City investments in public facilities and services, expand the tax base, provide quality employment opportunities and complement existing services. 3. Retain existing commercial/industrial uses and encourage new commercial/industrial development to locate in existing commercial/industrial parks and commercial/industrial zoned areas. 4. Proactively and consistently promote downtown revitalization activities. 5. Promote efforts to achieve commercial renewal/redevelopment in previously developed areas within the highway commercial district. 6. Provide appropriate, professional information to development leads in a timely fashion. 7. Administer financial incentive programs offered by the City/EDA. 8. Promote the exchange of information between the business community and the City of 81. Joseph. City of 81. Joseph EDA 2006 Annual Report 1 2006 MEETING DATES: The S1. Joseph Economic Development Authority met 12 times during the year 2006. The meeting dates were as follows: January 18, 2006 February 15, 2006 March 15, 2006 April 19, 2006 May 17, 2006 June 14, 2006 July 20, 2006 August 16,2006 September 19, 2006 October 18,2006 November 15, 2006 December 20, 2006 In addition, Mayor Cartbom and the City Council following advice from the Downtown Committee (task force) and With support from the EDA created various revitalization work groups in 2006 as a means of implementing a revitalization plan developed by the Downtown Committee (task force). The original Downtown Committee (task force) was disbanded following formal approval of their revitalization plan and formation of four work groups. The four work groups are tasked with four different scopes of operation: (grass roots) organization, project promotions, urban environs/aesthetics and resource development (fundraising). The downtown work group meetings/agendas are organized by EDA consulting staff. The downtown work groups have been meeting once a month since July of 2006. An itemized list of meetings held within 2006 by work group follows. EDA consulting staff attend most meetings. Organizational Work Group June 15, 2006 October 11, 2006 July 12, 2006 November 8,2006 August 9,2006 December 13,2006 September 13, 2006 Promotional Work Group July 20,2006 October 19, 2006 August 17, 2006 November 16,2006 September 21, 2006 Urban Environmental Work Group July 20, 2006 November 16,2006 September 21, 2006 October 19,2006 Resource Development Work Group June 15, 2006 Downtown Committee Group Chair August 28, 2006 November 21, 2006 City of St. Joseph EDA 2006 Annual Report 2 BUILDING PERMITS: 1998 - 2006 Following is a comparison of building permits let for commercial/industrial projects in the City of S1. Joseph since the EDA's formation: . YEAR APPLICANT PERMIT VALUE 1998 Sunset Mfging $250,000.00 1998 MCO Addition $300,000.00 1998 Borgert Products $725,000.00 1998 Kittridge Truck Storage $80,000.00 1998 Tamarack Addition $51,000.00 1998 Caseys $500,000.00 Subtotal $1,906,000.00 - 1999 Comm/rental $175,000.00 1999 Storage $60,000.00 1999 Bank $1,200,000.00 Subtotal $1,435,000.00 ~i'}". ....... 2000 Vicwest Remodel $21,000.00 2000 Vet Clinci $270,000.00 2000 Gas & Bait Expansion $16,500.00 2000 Lemmer Commercial $54,000.00 Subtotal $361,500.00 , '" 2001 Spring Green $143,000.00 2001 Autobody 2000 $280,000.00 2001 Ministorage $90,000.00 2001 Sunset Mfging $80,000.00 Subtotal $593,000.00 2002 Essilor $20,000.00 2002 Scherer Trucking $26,530.00 2002 Tanner Systems $350,000.00 2002 Bill Nelson $650,000.00 2002 Vicwest $2,500,000.00 2002 American Manufacturing $210,000.00 2002 St. Joseph Business Ctr. $148,000.00 2002 Knight Builders $225,000.00 2002 Borgert Products $99,000.00 2002 Deutz $350,000.00 2002 Deutz $108,900.00 Subtotal $4,687,430.00 .}..}.... ... . './...",. 'j./.S., ..... .. ...... 1/\;................ ..'f. 2003 Mn. Home Improvements 132,000.00 2003 DM Partnership 400,000.00 2003 OMSIMAC 1,409,000.00 2003 Lemmer Trucking 25,000.00 City of St. Joseph EDA 2006 Annual Report 3 YEAR 2003 2003 2003 2003 2003 Subtotal APPLICANT North Central Truck Accessories BTL Properties DM Builders Midnight Haulers Midnight Haulers 2004 2004 2004 2004 2004 2004 2004 2004 2004 2004 Subtotal Kaeter Trucking Safeshred Mn. Association of Farm Mut. Insur. Stonehouse Properties, LLC BTLJSt. Joseph Partners, LLC Holiday Beeline Central MN. Fed Credit Union Mark Loso DM Bldg. Remodel 2005 2005 2005 2005 2005 2005 2005 Subtotal 2006 2006 2006 2006 2006 2006 Subtotal TOTAL PERMIT VALUE 1,058,300.00 400,000.00 4,895.00 2,500.00 30,000.00 $3,461,695.00 113,400.00 585,000.00 305,000.00 997,043.00 350,000.00 50,000.00 12,000.00 125,000.00 158,395.00 13,000.00 2,708,838.00 DM Building Corp Verizon Wireless Midnight Haulers/David Potter Wilson HVAC Terwosscha Construction Gerald Wensmann RA Morton & Assoc (Bliss Media) Kaeter Trucking DM Building Bliss Direct Media State Bank Ehlen Properties College St. Benedict (Institutional) (not including institutional) City of St. Joseph EDA 2006 Annual Report $ 175,000.00 $ 75,000.00 $ 987,649.60 $ 6,000.00 $ 436,000.00 $ 6,500.00 $ 1,103,967.26 $ 2,790,116.86 $ 98,000.00 $100,000.00 $ 62,000.00 $ 20,000.00 $ 52,000.00 $10,000,000.00 $ 332,000.00 $18,275,579.86 4 DIVERSIFICATION OF THE TAX BASE: The following summary and chart indicate the progress toward the EDA's goal of diversifying the tax base: CITY OF ST. JOSEPH - HISTORICAL COMMERCIAL & INDUSTRIAL CONSTRUCTION 1997 $895,000.00 1998 $1,906,000.00 1999 $1,435,000.00 2000 $361,500.00 2001 $593,000.00 2002 $4,687,430.00 2003 $3,461,695.00 2004 $2,708,838.00 2005 $2,790116.8Ei 2006* $332,000.00 TOTAL $18,275,579.86 * Total building permit value through November 2006. It is noted that the level of new commercial and industrial construction fell in 2006. A number of factors have contributed to the drop, including but not limited to: . Transportation Issues - four transportation studies on-going. . Downtown revitalization - on-going discussion regarding building design standards, at this time five (5) property owners have expressed an interest in rehabilitation projects but are awaiting direction regarding design standards. There is also the potential for architectural renderings assisting in actualizing the interests of the five property owners. . Limited industrial acreage is available. At this time the City has received a conceptual plan for a new 32-acre industrial subdivision. In addition the City/EDA have applied for Bioscience Zone acreage allocation. . As of the drafting of this report, EDA staff are working with two businesses regarding significant commercial projects planned for 2007 - 2008. City of St. Joseph EDA 2006 Annual Report 5 Estimated Annual Increase in Taxes For All Jurisdictions [YEAR CITY COUNTY SCHOOL STATE MISC 1997 $ 5,591.88 $ 4,905.49 $ 5,500.44 $ 6,302.59 $ 245.43 1998 $ 16,241.82 $ 14,248.16 $ 15,976.22 $ 18,306.09 $ 196.37 1999 $ 12,995.39 $ 11,400.22 $ 12,782.88 $ 14,647.05 $ 43.96 2000 $ 2,909.47 $ 2,552.34 $ 2,861.89 $ 3,279.25 $ 69.68 2001 $ 4,611.19 $ 4,045.17 $ 4,535.78 $ 5,197.25 $ 636.83 2002 $ 42,143.93 $ 36,970.81 $ 41,454.76 $ 47,500.25 $ 476.41 2003 $ 31,528.04 $ 27,658.00 $ 31,012.47 $ 35.535.12 $1,753.17 2004 $ 21,224.27 $ 20,706.77 $ 23,218.1El $ 26,604.14 $ 356.68 2005 $ 26,785.25 $ 22,516.09 $ 25,134.24 $ 28,511.65 $ 382.25 2006 $ 2,419.28 $ 2,366.00 $ 691.22 $ 2,531.33 $ 34.86 TOTAL $166,450.52 $147,369.05 $163,168.06 $188,414.72 $4,195.64 . Based on taxes payabi3 2006 City of St. Joseph EDA 2006 Annual Report 6 2006 PROSPECTSITECHNICAL ASSISTANCElCOORDINA TION The EDA members and their staff/consultants worked with a number of commercial and industrial buSinesses during 2006. Nine (9) new business contacts were made during 2006 and follow up occurred with fifteen (15) contacts from previous years. Of the new prospects approximately 44% were commercial/service businesses while 56% were industrial or manufacturing. In 2005 the same percentage of commercial and industrial leads were received (44% commercial and 56% industrial). In 2004, 60% of new contacts were commercial/service establishments and 40% industrial; during 2003 43% of the new contacts were commercial/service businesses while 57% were industrial or manufacturing businesses. Following is a summary of the various contact activities within 2006. Businesses have been identified with a project number to protect the confidentiality of the company, which is sometimes a concern while they explore expansion opportunities. Proiect OhE: This projectinvolveslheexpansion ofaservicewithin the community. MDG.has been ke~ping in touch with the project contact overlhe..pastfourand a ...half . years.. MDG continues correspondence on a. regular basis. Mostirecentlyatthe prospect's request MDGcompiled and delivered information regarding vacant commercial sitesadjacenttoCSAH 75, future roadways, future residential developments, acreage owned by developers and....the..location oflhe. new K-S .school. . This . prospect has been..working with another entity within the community with regard to the sale of landfor the expansion oUhe service in S1. Joseph. Proiect 02-FF: This project has been . inactiveforthe..pastseveral monthsbutMDG continues to follow up on an occasional basis,.. including. most recently by rnailing a letter on October1Sth. including updates on several developments within SLJoseph. Proiect03-A: This group of developers are contemplating a large highway commercial development in an area not yet annexed into the City. Thedevelopment.representativesare awaiting the results of the Field Street extensioncorridoriprior to moving forward with a potential project.MDG continues to maintain active correspondence with this prospect inCluding most recently by email on. October1SIh. Proiect(wF: ThisprospectcontactedMDG in May of 2004 regarding commercial lease space in the downtown area. The prospect continues to . express occasional. interest in a project in downtown. MDG remains in contact with this prospect occasionally including most recentlYibymailingaletter on October1Sth including updates on several developments within St.. Joseph. Proiect04-N: ThiS business is. currently a home occupation. in.an .adjacent . area. The business owner contacted the. City in 2004 re:industrialacreage. The. business prospect . has purchased. a lot within Buettner Business Park. A siteplanhasbeen.>draftedbutnoLyetsubmittedforapproval.by the City. The construction timeline is tentatively 2007. .MDG . remains in touch with the property owner including. most recently.. by mailing .aletter on OctoberlSthincluding updates on several developments within St. Joseph. . proiect05--D: MDGspoke to the . project. representative. initially .in .June of 2005 to .respond to very preliminary requests. MDG met with .the prospect . and an industry specialist . from the Mn. Department of Employment . and Economic.Developmentlaterin.theyear.MDGcontinuestoremainin contact with this prospect including most recently. by mailing a . letter . on October 1Sth. including updates. on. several developments within St. Joseph. Proiect05-1: This prC>jeclinvolvesa potential new investment within Ihebusiness community. Property has been secured and concept planning is on-going. The EDAand City Council approved a preliminary application for TIF assistance .inMay... Final TIF application is beingdrafted.MDG. remains in touch with the prospect including most recently on October lSth. City of 81. Joseph EDA 2006 Annual Report 7 Proiect 05-J: This developer contactedMOG in Mid,"Deeemberandisseeking three to five acres of industrial land to establish a new distribution facility.., MOG has been in contact with the. prospect on several oCC8sions and has:folWardedinformationtothe owners of potential industrial lots in the ,City. 'MDGhas met with this prospect: and encouraged prospect to secure' intere~from investors 'and, financing. .In the:meantime," MOG occasionally follows up including most recently by mailing a letter on October 18th including updates on several developments within St. Joseph. Proiect 06-B: This prQject involves investment in commerciaL property within the City of St. Joseph. MOG has metwith the prospect on two occasions and forwarded information as requested. MOG last followed up with this contact by mailinga.letteron October 18th including updates on severaldevelopmenlswithin St. Joseph. TheprQject representative remains concemed about existing' transportation Studies and how they impact potential development. Proiect 06-C: ThisJead was forwarded from the SCAEDP. The contact is interested in two acres of shovel ready industrial propel1ycsomewhere in the st. Cloud area, Strack followed up with the.contact'most recently by mailing a letter on October 18th including updates on several developments within St. Joseph. No further.decisionhas been made, project on hold. Proiect 06-0: This project Involves the relocation of a produCtion facility from a nearby township to an urban service area. This, contacted phoned MDG in the Spring of 2006 with, a 'request for information.MOG mailed requested proposal to the Company and routinely follows up with the project representative' including most recently.by mailing a letter on October 18th including updates on several developments within St. Joseph. Proiect 06-E: This project involves starting a new restaurant within the City. The project representative phoned MDGin March with a request for information. MDG coordinated request with project 05-1. Project 05-1 has indicated they have followed ug with the project representative. MDG most recently followed up with this prospect via phone on October 18 . The project representative noted he prefers to purchase rather than lease space. Proiect06-F: Thisproje(icontact phoned MDG in June re: commercial. PropertyforsalewithintheCBD.Prospect$geking existing building ,to.' purchase. ,Representative' notes, business planimplementation'.morerealisticf()r~prifl9 2007 timeline. Also notes other communities have no! been as responsiveasSt..Josephand'sh~likescthe responsiveness here. At the same time she is continuing to look for space inotherlocations.>MDG>to followed up last on October 18th. Proiect 06-G: This project involves' the subdivision of a 32-acre parcel for industrial use..MDGcontinues:toremainln contact with the project representative including most recently by mailing a letleron October.1ath including updates on several developments within St. Joseph. Proiect 06-H: This project involves a closely confidential industrial lead. The project representative contacted the 9ityiin late June. MDGfollowedupwith the contact via phone.andemail'.and mailing of requestedsiteinforrnation. The project contact has noted the project is on hold. The project contact is the owner ofthepro~rty.Strack continues to follow up on this lead including most recently by mailingaletler on October 18th including updates on several developments within St. Joseph. City of 81. Joseph EDA 2006 Annual Report 8 2006 DOWNTOWN REVITALIZATION PROJECT In April of 2006 the EDA received a notification/recommendation from a Downtown Committee (task force). The notice recommended the EDAlCouncil proceed with a revitalization effort with the knowledge and understanding that while the City may convene the process, it must quicklY be led by the private entities whose time and money will Ultimately determine the effort's success. The Downtown Committee concluded that a healthy, sustained partnership is crucial to getting the revitalization process off the ground and building the critical mass needed to spur a cycle of sustainable development over a period of several years. The EDA embraced the Downtown Committee (task force) recommendation and forwarded the recommendation to the City Council for review/consideration. The Council approved the revitalization plan ,and authorized/directed formation of the four work groups and commencement of the effort. Following is a summary of the goals/tasks associated with each work group: Oraanizational Work Group Establish and continue to strengthen open/active partnerships between regional stakeholders, business owners, residents, property owners, the Chamber of Commerce, service providers, government entities, the College and the Monastery. Manage and encourage continuous and active discussion and sharing of knowledge between stakeholders in the revitalization process. Tasks associated with imDlementation of strateaic alan 1. Promote and expand involvement of citizens, businesses and organizations in Downtown revitalization by establishing effective relationships: a. Find those who are well-connected in the community - listen to what they have to say about project, build rapport, build support, build relationships. b. Find leaders of social networks within the community - listen to what they have to say about the project, build rapport, build support, build relationships. c. Find those connected to resources in the community - listen to what they have to say about the project, build rapport, build support, build relationships. 2. Provide advice to adjust project as needed. 3. Keep opinion-makers and others informed about the revitalization process through one on one meetings, discussions, forums, etc. 4. Create plans which help ensure the success of the downtown revitalization effort by promoting private/public partnerships - not the other way around. a. Identify impediments to collaboration and cooperation. b. Build bridges. c. Get social leaders, economic leaders, political leaders together and interacting in support of revitalization. d. Build lasting ties and opportunities for interaction. 5. Determine how work groups, property owners, residents, CIVIC and non-profit entities, elected/appointed city leaders and others interact to achieve continued and sustained synergy in revitalization efforts. a. Listen City of 81. Joseph EDA 2006 Annual Report 9 b. Network c. Build bridges 6. Work with the Promotions Work Group to create "road map" to strengthen the link between the College of St. Benedict, St. Benedict's Monastery, downtown property owners, adjacent residents, the public at large and City officials and provide measurable opportunities for abstract and physical interaction between the aforementioned entities. a. Provide continuous opportunity for real interaction b. Listen 7. Work with Urban Environs Work Group, private/non-profit entities that own property or operate businesses to specifically identify land/buildings that could be available for early development and/or redevelopment. a. Identify a project b. Make it happen 8. Assist Resource Development Work Group in the formation of new organizations to achieve goals (e.g. downtown merchant's association, community foundation). Promotions Work GrouD Create/enhance opportunities to bring visitors/tourists to the City of St. Joseph and to capitalize on activities and/or events already occurring within the community. Maximize private investment and public ownership of the revitalization process. Tasks associated with imolementation of strateaic Dlan 1. Put a face on the revitalization effort. a. Know what you want to say - keep it simple. b. Get the word out, keep getting the word out, keep getting the word out, repeat 2. Reposition the image of downtown revitalization from neutral or negative to a positive, constructive albeit long-term process. a. Get the word out about positive steps b. Reward investment in the project 3. Create a plan and work with downtown property/business owners to promote unity and cohesiveness as a means of having the downtown property/business owners take ownership of not only their individual property but the entire 'downtown experience'. Work with downtown property owners/downtown merchants to jointly plan special events so as to move from simply co-existing to forming a cohesive, unified force working together to achieve mutual goals. Get downtown merchants together to jointly plan/market business activities, sales and events. 4. Establish and promote community-wide events and activities which bring visitors and tourists to the City. Work to schedule and coordinate events that bring people into the community. City of st. Joseph EDA 2006 Annual Report 10 5. Work with other event planners/holders within the community (e.g. College of St. Benedict; St. Benedict's Monastery, St. Cloud Independent School District, Downtown Association, etc.) to coordinate events on an area wide basis, such as a downtown art crawl corresponding to a cultural activity on the college campus. Keep those in town for special events in town a little longer by coordinating ancillary events (tell people going to a performance at the College what their options are for entertainmenVeating afterward; tell those offering entertainmenVeating options that an event is scheduled help them jointly market coordinated response) Urban Environs Work Group Create a pedestrian-friendly place of destination. Tasks associated with imolementation of strateaic alan 1. Determine specifically what the urban environment and associated character should look like with advice from urban landscape architect or other credible entity. 2. Develop design criteria such as traditional color palettes, awning styles, uniform signage types/styles, uniform lighting styles, uniform building styles, roof lines, exterior building materials, window styles, entryway styles, etc. 3. Determine what the ultimate size for downtown might be, list boundaries by streets; define the core. 4. Determine what types of facilities will 'anchor' the downtown, such as: park, school, government, office, Post Office, banks, etc. 5. Determine what building style is desired - not that each building is the same as the next, but what are specific architectural elements that will define downtown structures such as: a. Rooflines. b. Windows: size, position, style, awnings. c. Entryways. d. Color palette. e. Exterior building materials. 1. Signs. g. Facility Lighting. 6. Determine what streets and sidewalks might look like. a. Where do people drive b. Where do people walk c. Where do people gather d. Where do people sit e. What makes people want to linger, to talk, to explore 7. Determine how to best convey that vision to developers, business owners and city planners. City of 81. Joseph EDA 2006 Annual Report 11 8. Think about how the 'downtown experience' for pedestrians that will be different depending on the time of day, the day of the week, or the season of the year - even if a pedestrian is traveling along a well trOd path; how can we provide opportunities for new experiences nearly every time a pedestrian takes to the streets. r- 9. Determine how high density housing fits into the downtown. Resource Development Work Group Identify the overall financial needs associated with downtown revitalization (from improving public facilities/amenities to assisting private sector in leveraging funds to capitalizing activities of downtown revitalization work groups) and develop a fundraising plan that supports the revitalization effort. Tasks associated with iml>/ementation of strateaic Dlan 1. Identify community initiative grants available through non..,proflt and state-wide programs for which the St. Joseph Downtown Revitalization initiative will qualify. 2. Identify local partners interested in contributing financially to downtown revitalization and develop a plan that will enable local contributors to work together to ensure optimal benefit from local contributions. 3. Determine potential sources of publiC investment (e.g. tax increment financing, tax abatement, Small Cities Development Program, low interest loan payments, revolving loan fund, revitalization zone, etc.) 4. Plan, promote and conduct a variety of fundraisers as a means of capitalizing streetscape amenities and public realm enhancements like street furniture, urban park, town square, landscaping, water feature, banners, etc. 5. Research opportunities to promote structured parking facilities within the downtown (e.g. fee in-lieu of parking proceeds used to establish public parking). City of St. Joseph EDA 2006 Annual Report 12 CSAH 75 RENEWAL PROJECT At the January EDA meeting the Board directed MDG, Inc. to compile information regarding current zoning and existing land use in the CSAH 75 corridor in the vicinity of College Avenue. The EDA requested the information so as to discuss the future of the corridor in terms of uses, potential for redevelopment and aesthetics. The EDA requested the information be compiled so as to entertain discussion related to the unique challenges/opportunities presented to development/redevelopment projects in the corridor. Among items the EDA initially discussed were: (1) level of financial assistance offered to establishments conducting redevelopment efforts of a sizable scale (2) participation by the EDA in master planning the corridor and (3) participation by EDA in securing first right of refusals for individual properties as a means of assisting with the combining of smaller lots into one larger lot more conducive to commercial development. Following initial discussion a technical inventory of parcels adjacent to CSAH 75 between Second Avenue NW and Third Avenue NE was developed. The technical inventory included: (1) a map depicting the subject area, (2) a spreadsheet containing pertinent information regarding parcels in the subject area and (3) a pictorial directory of properties within the subject area. The pictorial inventory which follows is useful in comparing developments within the corridor and analyzing corridor attributes and opportunities. The initial three pages of the pictorial inventory are first tier properties south of CSAH 75 proceeding west to east from 1st Street NW to 3ril Street NE. The final three pages of the pictorial inventory are properties north of CSAH 75 proceeding west from 1 st Street NW to 3rd Street NE. The EDA reviewed the inventory and noted their perception of attributes and challenges within the corridor as follow: Attributes . Condition of roadway. . Traffic mobility (at this point) appears to be sufficient. . Good visibility from principal arterial- desirable for highway commercial use. Challenges . The pictorial inventory reinforces the perception of development within the corridor as haphazard. . Commercial uses interspersed with residential uses. . Infill opportunities are not unified. . Parcels vary greatly in size. . Lack of continuous frontage/backage roads offering access to commercial development. . Aesthetics: inconsistent architectural styles, wide variety of building construction types/materials employed, non-uniform setbacks and limited landscaping. The EDA embraced the concept of promoting redevelopment within the identified corridor as a priority. The EDA requested staff compile additional information regarding the potential for a specific redevelopment project in the vicinity of College Avenue and CSAH 75. Following additional review and conceptual discussions, the EDA approached the Planning Commission and the City Council regarding their thoughts of a potential redevelopment in the vicinity of College Avenue and CSAH 75. The three entities met on October 18th to discuss the concept. The EDA continues to work on this project. City of st. Joseph EDA 2006 Annual Report 13 ADDITIONAL PROJECTS: The St. Joseph EDA actively pursued other projects during 2006. PreoarationlMaintenance of Infonnation for Distribution to Development Leads The EDA created and distributed information to development leads as requested throughout the year. The information includes a summary Of development activity based on City data and commercialtindustrial sales based on data from the Steams County Assessor's Office. All data reflected is part of the public record. A summary of sample information created follows and includes: 1. A summary of current residential development activity, phasing and resulting increases in population. 2. A summary of historical commercial development activity. 3. A summary of residential building permit information from 2000 to 2006. 4. A summary of sales of vacant commercial acreage. 5. A summary of sales of commercial facilities. 6. A summary of sales of vacant industrial acreage and industrial facilities. Preparation of Inventory of Available Commercial and Industrial Land and BuildinGs for Sale or Lease. The EDA has maintained a database of information regarding available'commercial and,industrial properties (for sale or lease). The database contains GIS information that is available with overlays of existing urban facilities/infrastructure, orthophotos, topography, soil types, wetlands and more. The data is tied to Stearns County's GIS database and includes information such as names of property owners, property identification numbers, estimated market values, property addresses and more. The EDA file includes electronic copies of: _.1. Vacant commercial and industrial parcels available for sale within the community. 2. Commercial and industrial facilities available for sale within the community. 3. Commercial and industrial facilities for lease within the community. 4. A parcel by parcel inventory/examination of all properties within the B-1 Downtown Commercial District zoning classification. Particioation in the Southern Corridor {Field Street) T AC EDA consulting staff was pleased to serve on the Technical Advisory Committee for the Southern Collector Street corridor study. Participation in the Northern Corridor Task Force EDA consulting staff was pleased to serve on the Technical Advisory Committee for the Northern east/west Collector Street corridor study. Particioation in the City of St. Joseph Transportation Plan EDA consulting staff is pleased to serve on the Stakeholders Group for the City's Transportation Study. This study promotes future connectivity and continuity of collector streets within the City. City of St. Joseph EDA 2006 Annual Report 14 Promotion/OfferinG of Financial Incentives Available The EDA continues to offer the fOllowing incentives to qualified applicants. Tax Increment Financina The EDA received and MDG reviewed one pre-application for the use of tax increment financing in 2006. The proposed use of redevelopment TIF is the rehabilitation of an existing underutilized parcel within the Downtown. EDA staff has reviewed TIF concepts with a variety of business prospects. Among TIF districts contemplated were economic development district(s), redevelopment district(s) and renovation/rehabilitation district(S). Economic development districts have the shortest duration (eight years of payable increment) whereas both redevelopment and renovation/rehabilitation districts can have a life of up to twenty-five (25) years. As you may be aware tax increment financing is a tool, which allows the City/EDA to reimburse the company or land owner a portion of the new property taxes, which are generated as a result of an expansion project. The amount of financial assistance available (TIF) is dependent upon a number of factors including but not limited to the assessed market value of the building and the financial need of the company. Tax Abatement EDA staff reviewed tax abatement as an incentive with many business prospects this year. Like TIF, tax abatement is a tool, which allows the City/EDA to reimburse the company a portion of property taxes, which are generated within a speCified period of time. The difference between TIF and tax abatement is that with tax abatement the County and/or school district have an option to participate (with TIF participation is mandatory). The amount of the tax abatement available depends on a number of factors, including, but not limited to the financial need of the company and participation by County and school entities. The term of tax abatement is up to twenty years depending on a number of variables. Revolvina Loan Fund The revolving loan fund, established in 2002 through principal and interest payments from a MIF grant/loan have. been building the fund, which has a current balance of approximately $25,000. EDA staff have discussed the RLF with a few business contacts however no formal applications for assistance were received. Formal loan fund guidelines were developed in 2006. The guidelines will need to be approved by the City Council prior to effectuation. Minnesota Community Caoital Foundation The City of st. Joseph/EDA has access to the Minnesota Community Capital Foundation (MCCF) through steams Electric and Great River Energy. Throughout the year EDA staff have distributed information to several development prospects regarding the fund. Through the MCCF Great River Energy is able to offer up to $1,000,000 to qualified projects for a variety of uses (including working capital) on reoccurring basis. Development leads have not been interested in the MCCF perhaps due to the absence of interest savings. Downtown Committee Staff Liaison The inaugural meeting of the Downtown Committee was held in June of 2005. Since that time, the committee has broken up into four work. groups which each meet once a month since June of 2006. MDG provides staff support and attends work group meetings on a consistent basis. ZoninG Ordinance Updates The EDA and MDG developed and/or reviewed/commented on several zoning ordinance updates including those related to: (1) Planned Unit Developments, (2) entryway corridor over1ay standards, (3) proposed revisions within the B-1 and B-2 Districts and (4) curbing requirements for parking lots in industrial zones. Bioscience Zone Acreaae Allocation APplication S1. Joseph participated in a joint application process for bioscience zone acreage allocation pursued by the cities of S1. Augusta, st. Cloud, S1. Joseph, Sartell, Sauk Rapids and Waite Park.. MDG drafted and City of S1. Joseph EDA 2006 Annual Report 15 submitted information to the St. Cloud HRA for inclusion in the joint application on behalf of the City of St. Joseph/St. Joseph EDA. The application included a combination of maps and narrative. Three subzones containing approximately 270 acres were included in the application for acreage allocation.. The acre~ge included a mix of underutilized parcels and vacant land. The narrative included a description of current outreach to commercial and industrial businesses including existing programs and marketing strategies. In addition, Specific Bioscience development plan goals,. objectives and strategies were established, including, but not limited to: 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. 5. Establishing quantitative goals for industrial development including those related to the 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. 6. Development of a business park specifically designed for and marketed to bioscience biotech industries. 7.. Analysis of the existing market conditions to determine potential bioscience/biotech market niche. 8. Analysis of facility/infrastructure needs specifically relating to bioscience/biotech sector. 9. Development of marketing materials specifically targeted to bioscience/biotech sector. 10. Coordination of local and regional marketing efforts to increase the reach of the marketing plans while avoiding duplication. 11. Participating within the Science Initiative of Central Minnesota and conduct other means of outreach intended to organize health care, business, political and educational commuhities. 12. Help ensure continual capacity exists to serve the needs of bioscience establishments including, but not limited to, municipal services,. transportation infrastructure, electrical and telecommunications infrastructure. The cities participating in the bioscience zone acreage allocation application are currently awaiting the results of the Mn. Department of Employment and Economic Development's review of applications submitted statewide. Establishment of Business Retention and Exoansion Proaram The City/EDA worked with St. Cloud State University to establish a community development internship. The intemship was sponsored by the Economic Development Association of Minnesota (EDAM). The principal task assigned to Sf. Joseph Community Development Intern Mia Yang was to develop and implement a City of st. Joseph EDA 2006 Annual Report 16 business retention and expansion program. The purpose of the BRE program is to identify and understand the current needs and aspirations of a cross section of the St. Joseph business community. The BRE program consisted of site visits with business owners to poll business owners on a variety of topics, addressing immediate 'red flag' issues identified during the business sUlvey visits, compilation and analysis of data and presentation of data/results to the EDA. Approximatel~ 40 site visits were conducted by Ms. Yang. Data and results were presented to the EDA at its December 20 . meeting. Consideration of Establishment of New Grant for Businesses The EDA in September of 2006 in response to information gained through BRE visits began discussing potential methods of reaching out to business owners potentially contemplating smaller scale expansions, updates and/or renovation. One item of generating interest was the concept of a grant to small business owners contemplating renovation projects so as to assist with securing the services of an architect. The grant could achieve two objectives: good will/outreach to business owners contemplating smaller projects and creating quality, sustainable development. The EDA envisions rolling out the grant in 2007 in a very limited fashion. The grant could be targeted to business owners who have previously approached EDA staff regarding development projects, particularly within the Downtown. Proactive communication efforts: EDAto business communitv Another result of the BRE program was a defined need to more frequently communicate to business owners thorough a variety of methods including emaits, articles within the Newsleader and a prominent presence on the City's website. The EDA has expressed a desire to pursue proactive communication efforts in the future. Such efforts are expected to be part of the EDA's 2007 work plan. City of St. Joseph EDA 2006 Annual Report 17 PROGRESS REPORT: GOALS FOR 2006: Following were proposed EDA goals for 2006 with updates on progress toward goals and plans for 2007. EDA Work Plan: Recommendations relatina to technoloov: 1. Research the establishment of a low interest loan through state and regional sources or local tax levies to support commercial/industrial technology upgrades. > Implementation: st. Joseph Economic Development Authority and City Council. Update: The City CounCl7 approved the extension of fiber optiC high speed data lines to the City's public works facility located within the industrial park. As a result high speed data lines will be available to all industries within the next few months. Recommendations for Downtown Commercial (Re) DeveloDment: 1. The EDA should continue to promote rehabilitation of substandard properties and/or preservation of structures for rehabilitation in the Downtown. Uses should be centered on activities dependent on pedestrian traffic. > Implementation: st. Joseph Economic Development Authority. Update: EDA staff met with several contacts regarding potential developments in the downtown business district throughout 2006. Information regarding individual properties and exchange of information between leads seeking lease space and developer's seeking facility ownership//ease have been provided. Redevelopment nF information has been distributed to interested parties. A detailed inventory of downtown parcels has been created and is on file. 2. The EDA should gauge business interest in participating in a commercial rehabilitation program and if strong interest exists, consider the application for funding to the Small Cities Development Program. > Implementation: The st. Joseph Economic Development Authority and City Council. Update: Businesses within the downtown have not demonstrated interest in participating in a commercial rehabilitation program which could involve storefront enhancements, coordination of design elements, installation of streetscape amenities, etc. The EDA has identified the potential for the SCDG to be used to promote commercial rehabilitation in conjunction with both the Downtown revitalization project and the CSAH 75 renewal effort. A recent announcement by the College of Sf. Benedict to require students to live on campus may leverage a SCDP grant application as there may be a potential to convert existing student rental units to alternate uses. This is a goal the EDA will likely discuss further in 2007. 3. The EDA should work with the College of st. Benedict and the Chamber of Commerce to proactively and consistently promote a downtown atmosphere that projects an image and ambiance associated with S1. Joseph's history and its association with higher education as a means of creating a distinct identity for the City's downtown. > Implementation: st. Joseph Economic Development Authority, College of st. Benedict and Chamber of Commerce. Update: Implementation of the Downtown revitalization plan is underway. The EDA is central to support and participation in the project. City of St. Joseph EDA 2006 Annual Report 18 4. Sponsor or work with community organizations and the Minnesota Green project to sponsor downtown landscape and holiday light displays which reflect the interdependence of the City and the College. ~ Implementation: St. Joseph Economic Development Authority. Update: See Goal # 3 update above. Recommendations for Hiahwav Commercial Developments: 1 . Continue to encourage and promote efforts to achieve commercial redevelopment. ~ Implementation: Economic Development Authority. Update: The EDA initiated the CSAH 75 renewal program in 2006. The program has been described in further detail earlier in this report. The renewal program will be a focus of the EDA in 2007. Recommendations for Industrial Development: 1. Existing industrial uses should be retained and new industrial development should be encouraged to locate in existing industrial parks and industrially zoned areas. ~ Implementation: Economic Development Authority and City Council. Update: EDA and staff continue to encourage industrial development via proactive outreach to development contacts. Throughout the year information requests from six contacts interested in industrial development have been facilitated. 2. The EDA should continue to work with property owners to develop future industrial areas adjacent to current industrial zoned land, to assure an adequate supply of industrial land is available for development in the future. ~ Implementation: Economic Development Authority. Update: The City and EDA staff have reviewed concept plans for a 32 acre industrial park development on a portion of the former Feld Farm. The project is cun-ently proceeding through environmental review. The EDA submitted an application to the Mn. Department of Employment and Economic Development's Business Development Public Infrastructure grant program. 3. Industrial activities complementary to existing uses should be identified and the development of such industries should be promoted and facilitated. ~ Implementation: Economic Development Authority and City Council 4. The Economic Development Authority should work with developers of new industrial parks to develop covenants which provide for aesthetically pleasing and quality developments. ~ Implementation: Economic Development Authority. Update: EDA staff continues to work with owners of industrial property zoned or guided for industrial development. The 1-1 zoning standards have been amended to reflect standards prescribed by existing covenants specific to industrial parcels. City of 81. Joseph EDA 2006 Annual Report 19 2007 EDA GOALS The EDA has initially established the following goals for 2007. 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Q) Q) E ~ City of St. Joseph EDA Report November 30, 2006 2006 YTD November 2006 Account Oeser Budget 2006 Amt YTD Amt Balance FUND 15.0 Economic Development E 15.0-465.0.0-1.03 L~gjslative Bodies $641.67 $0.0.0 $.0..0.0 $641.67 E 15.0-465.0.0-151 Workers Compo $91.67 -$3..0.0 $97..0.0 -$5.33 E 15.0-465.0.0.2.0.0 Office Supplies $458.33 $134..08 " $225.69 $232.64 E .15.0-465.0.0.3.0.0 Professional $25,666.67 $2,236.Da $21,693.71 $3,972.96 E 15.0-465.0.0-3.03 Engineering Fee $3,666.67 $.0,.0.0 $.0..0.0 $3,666.67 E 15.0-465.0.0-3.04 L~gal Fees $916.67 $.0..0.0 $72.5.0 $844.17 E 150-46500-321 Telephone $1,100.00 $41..01 $46.0.22 $639.78 E 15.0-465.0.0-322 Postage $183.33 $1.0.0..0.0 $188.1.0 -$4.77 E 15.0465.0.0-327 Tax Increment $.0..0.0 $.0..0.0 $..0..0.0 " $.0..0.0 E 15.0-465.0.0-331 Travel & $458.33 $.0..0.0 $73.77 $384.56 E 15.0-465.0.0-34.0 Advertising $916.67 $.0..0.0 $45..0.0 $871.67 E 15.0-465.0.0-433 Dues & $.0..0.0 $.0..0.0 $8,.0.0.0..0.0 -$8,.0.0.0..0.0 E 15.0-465.0.0.51.0 Land $.0..0.0 $.0..0.0 $.0..0.0 $.0..0.0 E 1.5.0-465.0.0-582 Computer Software $275..0.0 $.0..0.0 $0..0.0 $275..0.0 E 15.0.465.0.0.587 Special Projects $.0..0.0 $.0..0.0 $.0..0.0 $.0..00 E 15.0-465.0.0-7.00 Misc $.0..0.0 $.0..0.0 $.0..0.0 $.0..0.0 FUND 15.0 Economic Development $34,375.'0.0 $2,5.08.17 $3.0,855.99 $3,519..01 FUND 155 TIF 1-3 Borgert (SKN) E 155-465.0.0.3.0.0 Professional $857..08 $.0..0.0 $3.01.11 $555.97 E 155-465.0.0-327 Tax Increment $.0..0.0 $.0..0.0 $.0..0.0 $.0..0.0 E 155-465.0.0-34.0 Advertising $45.83 $.0..0.0 $24..0.0 $21.83 E 155-465.0.0-6.0.0 Debt Service _ $7,615.14 $.0..0.0 $1.0,563.57 -$2,948.44 E 155-465.0.0-611 Bond Interest $9,545.38 $.0..0.0 $.0..0.0 $9,545.38 E 155-465.0.0.62.0 Agent Fees $.0..0.0 $.0,.0.0 $.0..0.0 $.0..0.0 FUND 155 TIF 1-3 Borgert (SKN) $18,.063.43 $.0..0.0 $1.0,888.68 $7,174.75 FUND 156TIF 1-4 St. Joe Development E 156-465.0.0-3.0.0 Professional . $6,66.0.5.0 $.0..0.0 $3.01.11 $6,359.39 E 156-465.0.0-3.04 Legal Fees $.0..0.0 .$.0..0.0 $.0..0.0 $.0..0.0 E 156-465.0.0-327 Tax Increment $.0..0.0 $.0..0.0 $.0..0.0 $.0..0.0 E 156-465.0.0-34.0 Advertising $5.0..0.0 $.0..0.0 $24..0.0 $26..0.0 E 156-465.00.6.0.0 Debt Service _ $17,7.09.84 $.0..0.0 $25,.061.33 -$7,351.5.0 E 156-465.0.0-611 Bond Interest $42,646.34 $.0..0.0 $.0..0.0 $42,646.34 E 156-465.0.0-62.0 Agent Fees $.0..0.0 $.0..0.0 $.0..0.0 $.0..0.0 FUND 156 TIF 1-4 St. Joe Development $67,.066.68 $.0..0.0 $25,~86.44 $41,68.0.24 FUND 25.0 Revolving Loan Fund E 25.0-465.0.0-3.04 Legal Fees $.0..0.0 $.0..0.0 $0..0.0 $.0..0.0 E 25.0-465.0.0-49.0 Revolving Loan $.0..0.0 $.0..0.0 $.0..0.0 $.0..0.0 FUND 25.0 Revolving Loan Fund $.0..0.0 $.0..0.0 $.0..0.0 $.0..0.0 $119,5.05.11 $2,5.08.17 $67,131.11 $52,374..0.0 SOURCE SOURCE Oescr City ofSt. Joseph EDA Revenues November 30, 2006 YTO % Budget Rev Revenue Balance of Budget $0.00 $1,069.06 -$1,069.06 0.00% $0.00 $25,000.00 -$25,000.00 0.00% $37,500.00 $0.00 $37,500.00 0.00% $37,500.00 $26,069.06 $11,430.94 69.52% $0.00 $11,119.55 -$11,119.55 0.00% $0.00 . $11,119.55 -$11,119.55 0.00% $0.00 $27,84~.92 -$27,845.92 0.00% $0.00 $27,845.92 -$27,845.92 0.00% $0.00 $814.18 -$814.18 0.00% $0..00 $576.75 -$576.75 0.00% $0.00 $22,047.37 -$22,047.37 0.00% $0.00 $23,438,30 -$23,438.30 0.00% $37,500.00 $88,472.83 -$50,972.83 235.93% FUND 150 Economic Development 36210 Interest Earnings 36300 Reimbursement 39201 Transfers from Other FUND 150 Economic Development FUND 155 TIF 1-3 Borgert (8KN) 31050 Tax Increment FUND 155 TIF 1-3 Borgert (8KN) FUND 156 TIF 1-481. Joe Development 31050 Tax Increment FUND 156 TIF 1-4 81. Joe Development FUND 250 Revolving Loan Fund 36210 Interest Earnings 36212 CDAP Loan Interest 39312 CDAP Loan Proceeds FUND 250 Revolving Loah Fund City of St. Joseph EDA Expenditures November 30, 2006 YTD % OBJ OBJ Desc~ Budget Exp Expense Balance of Budget FUND 15.0 Ecanamic Develapment DEPART 465.0.0 Ecanomic Develapment Autharity 1.03 Legislative Badies $7.0.0..0.0 $.0..0.0 $641.67 8.33% 151 WarkersGarnp. Insur. Premo $1 .0.0..0.0 $97..0.0 -$5.33 1.05.33% 2.0.0 Office Supplies $5.0.0..0.0 $225.69 $232.64 53.47% 3.0.0 Prafessianal Services $28,.0.0.0..0.0 $21,693.71 $3,972.96 85.81% 3.03 Engineering Fee $4,.0.0.0..0.0 $.0..0.0 $3,666.67 8.33% 3.04 Legal Fees $1,.0.0.0..0.0 $72.5.0 $844.17 15.58% 321 Telephane $1,20.0..00 $46.0.22 $639.78 46.69% 322 Pastage $2.0.0..0.0 $188.1.0 -$4.77 1.02.38% 327 Tax Increment Certificatian $.0..0.0 $.0..0.0 $.0..0.0 .0,.0.0% 331 Travel & Canference $5.0.0..0.0 $73.77 $384.56 23..09% 34.0 Advertising $1,.0.0.0..0.0 $45..0.0 $871.67 12.83% 433 Dues & Subscriptions $.0.00 $8,0.0.0..0.0 -$8,.0.0.0..0.0 .0..0.0% 51.0 Land $.0..0.0 $.0..0.0 $.0..00 .0..0.0% 582 Computer Software $3.0.0;.0.0 $.0..0.0 $275..0.0 8.33% 587 Special Projects $.0..0.0 $.0..0.0 $.0..0.0 .0..0.0% 7.0.0 Mise $.0..0.0 $.0..0.0 $.0..0.0 .0..0.0% DEPART 465.0.0 Ecanamic Develapment $37,5.0.0..0.0 . $3.0,855.99' $3,519..01 9.0.62% FUND 15.0 Ecanamic Develapment $37,5.0.0..0.0 $3.0,855.99 $3,519..01 9.0.62% FUND 155 TIF 1-3 Borgert (SKN) DEPART 465.0.0 Econamic Develapment Autharity 3.0.0 Prafessianal Services $935..0.0 $3.01.11 $555.97 4.0.54% 327 , Tax Increment Certificatian $.0..0.0 $.0..0.0 $.0..0.0 .0..0.0% 34.0 Advertising $5.0..0.0 $24..0.0 $21.83 56.33% 6.0.0 Debt Service - Principal $8,3.07.42 $1.0,563.57 -$2,948.44 135.49% 611 Band Interest $1.0,413.14 $.0..0.0 $9,545.38 8.33% 62.0 Agent Fees $.0..0.0 $.0..0.0 $.0..0.0 .0..0.0% DEPART 465.0.0 Ecanamic Develapment $19,7.05.56 $1.0,888.68 $7,174.75 63.59% DEPART493D1 Transfer ta ather Funds 7.0.0 Mise $.0..0.0 $.0..0.0 $.0..0.0 .0..0.0% DEPART 493.01 Transfer ta ather Funds $.0..0.0 $.0..0.0 $.0..0.0 0.0.0% FUND 155 TIF 1-3 Bargert (SKN) $19,7.05;56 $1.0,888.68 $7,174.75 63.59% FUND 156 TIF 1-4 SI. Jae Develapment DEPART 465.0.0 Ecanamic Develapment Autharity 3.0.0 Prafessianal Services $7,266..0.0 $3.01.11 $6,359.39 12.48% 3.04 Legal Fees $.0..0.0 $.0..0.0 $.0..0.0 .0..0.0% 327 Tax Increment Certificatian $.0..0.0 $.0..0.0 $.0..0.0 .0..0.0% 34.0 Advertising $5.0..0.0 $24..0.0 $26..0.0 48..0.0% 6.0.0 Debt Service - Principal $19,319.82 $25,.061.33 -$7,351.5.0 138..05% 611 Band Interest $46,523.28 $.0.0.0 $42,646.34 8.33% 62.0 Agent Fees $.0..0.0 $.0..0.0 $.0..0.0 .0..0.0% DEPART 465.0.0 Ecanamic Develapment $73,159.1.0 $25,386.44 $41,68.0.24 43:.03% FUND 156 TIF 1-4 SI. Jae Develapment $73,159.1.0 $25,386.44 $41,68.0.24 43..03% FUND 25.0 Revalving Laan Fund DEPART 465.0.0 Ecanamic Develapment Autharity 3.04 Legal Fees $.0..0.0 $.0..0.0 $.0..0.0 .0..0.0% 49.0 Revolving Laan $.0..0.0 $.0..0.0 $.0..0.0 .0..0.0% DEPART 465.0.0 Ecanamic Develapment $.0..0.0 $.0..0.0 $.0..0.0 .0..0.0% FUND 25.0 Revalving Laan Fund $.0..0.0 $.0..0.0 $.0..0.0 .0..0.0% $13.0,364.66 $67,131.11 $52,374..0.0 59.83% - City of St. Joseph EDA Check Register November 30, 2006 Search Name CHECK # Comments FUND DEPART Amount LEAGUE OF MN CITIES INS TRUST 038092 2005-06 Actual 150 46500 -$3.00 STAMP FULFILLMENT SERVICES 038136 postage-envelopes 150 46500 . $100.00 MAIER TYPEWRITER SERVICE 038166 Printer Toner 150 46500 $134.08 MUNICIPAL DEVELOPMENT CORP 038175 eda contract 150 46500 $2,236.08 TOS METROCOM 038190 telephone 150 46500 $41.01 $2,508.17