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HomeMy WebLinkAbout2008 [10] Oct 22~ CITY OF ST. OS~PH 1 wW W. cityof stjoseph.com St. Joseph Economic Development Authority Meeting Notice Administrator Wednesday October 22, 2008 Judy WevrenS 3:00 p.m. City Hall Mayor 1. Call to Order. AI Rassier 2. Approval of Agenda. Councilors Steve Frank 3. Approval of Minutes. Rick Schultz a. September 24, 2008 Renee Symanietz Dale Wick 4. Accounts Payable and Financial Report. a. Approval of Accounts Payable b. Approval of Financial Reports i. September 2008 5. Business. a. BFA Grant Application -Randy Schmitz. b. Student Rental Conversions. c. St. Joseph 2008 Comprehensive Plan Update. 6. Board Member Announcements. 7. Adjournment. zs College Avenue North PO Box 668 Saint ~oseph, Minnesota 56374 Phone 3zo.~63.7zoi Fax 3zo.363.o34z. THIS PAGE INTENTIONALLY LEFT BLANK CITY OF ST. JOSEPH ECONOMIC DEVELOPMENT AURTHORITY Meeting Minutes -Wednesday, September 24, 2008 Present: EDA Board Members Carolyn Yaggie-Heinen, Ken Jacobson, AI Rassier, Tom Skahen and Dale Wick. Absent: None. Also present: St. Joseph resident Michael McDonald and EDA Consultant Cynthia Smith -Strack of Municipal Development Group. Chairperson Wick called the September 24, 2008 regular meeting of the St. Joseph EDA to order at 3:03 p.m. Agenda. Chairperson Wick introduced the agenda. No changes were requested. Moved by Skahen, seconded by Heinen to approve the agenda as presented. Motion carried 5-0. Approval of Minutes. Chairperson Wick introduced the minutes from the August 27, 2008 regular meeting. Motion by Rassier, second by Wick to approve the minutes from the August 27, 2008 regular meeting. Motion carried 5-0. EDA Accounts Payable. Wick introduced the topic. Wick noted accounts payable for the month which totaled $3,631.29 for contracted services and two separate drafting projects completed by Matthew Hall Lumber. Jacobson asked Board Members whether or not they thought the drawings from Matthew Hall Lumber for the Dehler and Bo Diddley's structures were effective. Board Members agreed the line drawings of potential facade enhancements were beneficial for several reasons. Benefits included available images for potential purchasers of the Dehler Building, drawings to take to other downtown property owners illustrating what EDA is willing to do for them, and ability to use concepts when marketing EDA projects. Wick noted additional discussion would be appropriate later in the meeting under agenda item 5(c). Motion by Heinen, second by Rassier to approve the EDA accounts payable for the month of September 2008 in the amount of $3, 631.29. Motion carried 5-0. Financial Report. Wick introduced the agenda item. Wick noted the packet included financial reports. Strack referenced the Treasurer's Report which illustrated year to date expenses of $24,401.01 and a current fund balance of $32,981..15. Motion Wick, Second Skahen to approve the August 2008 financial reports as presented. Motion carried 5-0. Progress Report on 2008 EDA Goals Wick introduced the agenda item noting he felt since year more than half over this would be a good time to check on progress on goals. Discussion on the following goals occurred: Proactive participation with the Planning Commission, Park Board and City Council in preparing for the County's construction of the CSAH 2 to CSAH 3 roadway segment in 2009. Proactive participation lead by the EDA may include, but is not limited to, discussions of the timing of extension of collector roadways and municipal utilities for servicing future commercial~ndustrial areas within the general area of the new roadway. Wick noted the following progress: The concept was discussed at a City Council/Department Head/Consultant meeting on behalf of the EDA in February; the concept of proactive extension has been included in the updated economic development section of the Comprehensive Plan; the concept of proactively extending utilities and collector roadway is included in the EDA CIP request approved at the July meeting; and, the topic has been discussed at numerous department head meetings. 2. Examine how to proactively market St. Joseph opportunities within greater Minnesota. Wick noted a great deal of information has been added to the City's website. He suggested encouraging referrals/outreach by existing St. Joseph business owners to those potentially considering locating in the City. Wick also suggested marketing of the Parkway Business Center to specialized market niches similar to the medial district Bartell has developed. 3. Proactively participate in activities espoused by the St Cloud Area Economic Development Partnership. Wick noted sales information is listed on the SCAEDP website. In addition Wick noted he is the St. Joseph representative to the SCAEDP and attends monthly and governing body meetings. 4. Host Iistening/working sessions with business owners regarding opportunities provided by or available through the EDA. Wick noted copies of downtown design guidelines were mailed to all downtown business owners and information on the BFA grant program was included in the March 22"d edition of the city newsletter and mailed to all business owners in late March. The downtown revitalization project was redirected into a series of meetings with local property owners in a `design team' type arrangement. 5. Examine and advise the Planning Commission and City Council regarding future neighborhood commercial nodes adjacent to higher traffic intersections (i. e. intersections of collector and/or arterial streets) primarily servicing residential areas (e.g. near new school and adjacent to 20th Avenue). Wick noted this goal is being addressed through the Comprehensive Plan Update process and the EDA had discussed land use goals/policies and reviewed proposed future land use concepts at the March, April, May, and June EDA meetings. 6. Examine the feasibility of removing impediments to renewal efforts within aging portions of the CSAH 75 corridor. Wick noted this goal has been a lower priority since interest in such a project is not well- formed. The EDA suggested tying this goal in with goals number four and seven. EDA Minutes -September 24, 2008 2 7. Examine the potential economic impact of a four-year residency requirement at CSB/SJU and function as information resource regarding economic impact of four-year residency. Work with City leaders and administration to form a study group whose purpose is twofold. First, the study group could establish to the best of their ability factual information regarding afour--year residency requirement and distribute such information to decision makers and the public. In addition the study group would encourage vibrant dialogue and provide a mechanism for sharing information between decision-makers and stakeholders. Wick noted this goal was discussed at a City Council/Department Head/Consultant meeting on behalf of the EDA in February of this year. The City Council indicated this would/could be a priority, if/when confirmation of residency requirement was obtained. Additional discussion of the item will be forthcoming later in this meeting. 8. Participate in updating of the Comprehensive Plan. Wick noted the EDA has reviewed draft Comprehensive Plan elements in March, April, May, and June. Conversion of Student Rentals Wick introduced the agenda item. Strack updated the EDA on the progress toward afour-year on- campus residency requirement beginning with freshman in 2010 (class of 2014). The draft housing chapter of the St. Joseph Comprehensive Plan Update establishes a policy supporting the redevelopmentlre-use of detached single-family student rental units likely to become vacant upon implementation of residency requirements. Strack stated the following entities were contacted regarding project partnership and/or project advice: MHFA -Central Region Homeownership Contact, University of MN. Humphrey Institute Center For Urban and Regional Affairs (CURA) regarding Community Assistantship Program (CAP) and economic impact study, Stearns County HRA, DEED: Redevelopment grant and SCDP, and Central Minnesota Community Land Trust (Central Minnesota Housing Partnership). Specific discussion was held regarding an economic impact study for change in residency requirement, overall leadership of the project, potential us changes (i.e. convert to owner occupied homes, convert to MF or senior housing options, convert to public uses, convert to business/commercial uses), potential project partners, and potential financial resources. The EDA supports an economic impact study and requested Strack contact St. Cloud State University, Dept. of Economics and CURA regarding the conducting of such a study. In addition the EDA identified the following potential partners: City, EDA, College/University, MHFA, Stearns County HRA, Central Minnesota Community Land Trust, the local renter's association, and SCAEDP. EDA Board Members agreed the EDA should spearhead the project. McDonald suggested researching funding participation from College/University, and Rassier suggested researching the issue to see how other communities have approached it in the past. Downtown Design Visits Wick introduced the agenda item noting the EDA had some discussion on the issue earlier in the meeting. He noted the issue at hand was whether or not to continue 'design team' visits with other property owners within the Downtown. General consensus was the resulting drawings were beneficial. Wick requested cost estimates be obtained from Matthew Hall Lumber. Heinen suggested such estimates be made for low, medium, and high end materials. The Board directed Strack to contact two additional property owners regarding interest in such a visit. EDA Minutes -September 24, 2008 3 Parkway Business Center Update Wick introduced the topic. Strack noted the City agreed to issue an assessment bond for installation of improvements providing the Developer submit a letter of credit as per City policy. In addition, the Developer's are still interested in a marketing agreement with the EDA for the property. The Developer's attorney is awaiting performs analysis from the property owners relating to cost per acre. Once that information is available and the assessments per lot or acre are determined we will further discuss a marketing agreement Article in Press Wick introduced the agenda item. Strack noted she had received comments from local commercial property owners disheartened by a recent newspaper article. The comments alluded to an environment that is not conducive to commercial or industrial development. The Board discussed the item and noted if those commenting to Strack would like to further contact the EDA they were more than welcomed to do so. Director's Report Strack distributed the regular monthly report. Board Member Reports Board Member Jacobson advised the EDA that the Lumberjacks Hockey Team, owned by John Hall from Matthew Hall Lumber had sponsorship opportunities available. Strack noted a conservation design seminar was scheduled for Monday, October 20'h from 8 a.m. to 4 p.m. The EDA members were invited to the seminar at the Gorecki Theater at the College of St. Benedict. Adjournment. Meeting adjourned by consensus at 4:15 PM. EDA Minutes -September 24, 2008 4 .F~n---~'~ CITY OF ST. JOSEPH Administrator ~udy ~eyrens iViayor AI Rassier Councilors Steve Frank Rick Schultz Renee Symanietz Dale Wick WWW.CItyOf StJOSeph.COm DATE: October 15, 2008 MEMO TO: St. Joseph Economic Development Authority FROM: Cynthia Smith-Strack, Municipal Development Group RE: Accounts Payable -September 2008 September Financial Reports A. Accounts Payable: PAYABLE TO FOR MDG Contract Service -September Total Fund 150 Action: A MOTION is in order to approve the Accounts Payable. B. Financial Reports: August financial reports for the EDA are following. The reports consist of: 1. Summary treasurer's report 2. EDA balance sheet 3. EDA revenue to date. 4. EDA expenditures to date. Action: A MOTION is in order to approve the financial reports. AMOUNT 2,362.58 $2,362.58 zs College Avenue North PO Box 668 Saint ~oseph, Minnesota 56374 Phone 320.363.7zo1 Fax 3zo.363.o34z ~~~ MUNICIPAL DEVELOPMENT GROUP, INC. 25562 WILLOW LANE NEW PRAGUE, MN 56071 952-758-7399 FAX: 952-758-3711 staff@municipaldevelopmentgroup.com INVOICE City of St. Joseph Attn: Judy Weyrens City Administrator PO 668 St. Joseph, MN 56374 Invoice Date 10-10-08 Payment Terms: 30 days Customer ID #: STJ08ED Project August Economic Development Services See attached detail Amount: $1,925.00 Monthly contract fee 437.58 748 miles x .585 $2, 362.58 Code to: 150-46500-300 for general EDA Remit To: Municipal Development Group, Inc. 25562 Willow Lane New Prague, MN 56071 Dates-EDA September 3, 2008 EDA Office Hours 8.00 hrs. C. Strack September 10, 2008 EDA Office Hours 8.50 hrs. C. Strack September 17, 2008 EDA Office Hours 9.00 hrs. C. Strack Septemt~er 24, 2008 EDA Office Hours 9.00 hrs. C. Strack Total September, 2008 34.50 hours Total MDG, Inc. 2008 Hours through September, 2008 = 301.25 hours Thank you! We appreciated the opportunity to work with you! Check No. Date: Principal St. Joseph Economic Development Authority Summary Treasurer's Report -Fund 150 September 2008 Balance as of December 31, 2007 (audited) 29,174.75 Year to Date Revenue: Interest Earnings 403.77 Transfers from the General Fund 28,000.00 Total Revenue 28,403.77 Year to Date Expenditures: Office Supplies (24.16) Municipal Development Group (17,642.27) Telephone (854.12) Postage (94.52) Travel and Training (7.26) Rentals (Postage Machine) (25.63) St. Cloud EDA Membership Dues (8,000.00) Total Expenses (26,647.96) Fund Summaries as of September 30, 2008: EDA Fund Balance -Fund 150 30,930.56 TIF 1-3 Borgert Products Fund Balance -Fund 155 5,273.76 TIF 1-4 St. Joseph Development Fund Balance -Fund 156 23,161.29 TIF 2-1 Millstream Shops and Lofts Fund Balance -Fund 157 5,667.16 Revolving Loan Fund Balance -Fund 250 51,803.88 CITY OF ST JOSEPH EDA Expenditure Report Current Period: September 2008 2008 September 2008 Account Descr YTD Budget 2008 Amt YTD Amt FUND 150 Economic Development E 150-46500-103 Legislative Bodies $1,360.00 $0.00 $0.00 E 150-46500-151 Workers Comp. Insur. Prem. $150.00 $0.00 $0.00 E 150-46500-200 Office Supplies $500.00 $0.00 $24.16 E 1506500-300 Professional Services $28,000.00 $2,143.79 $17,642.27 E 1506500-303 Engineering Fee $4,000.00 $0.00 $0.00 E 150-46500-304 Legal Fees $1,000.00 $0.00 $0.00 E 150-46500-321 Telephone $1,200.00 $103.16 $854.12 E 150-46500-322 Postage $250.00 $0.00 $94.52 E 150-46500-331 Travel & Conference Expense $500.00 $0.00 $7.26 E 1506500-340 Advertising $1,000.00 $0.00 $0.00 E 150-46500-410 Rentals $0.00 $0.00 $25.63 E 150-46500-433 Dues 8 Subscriptions $8,000.00 $0.00 $8,000.00 E 150-46500-582 Computer Software $300.00 $0.00 $0.00 E 150-46500-588 EDA Programs $0.00 $0.00 $0.00 FUND 150 Economic Development $46,260.00 $2,246.95 $26,647.96 FUND 155 TIF 1-3 Borgert (SKN) E 155-46500-101 Salaries $0.00 $0.00 $121.44 E 155-46500-121 PERA Contributions $0.00 $0.00 $7.90 E 155-46500-122 FICA Contributions $0.00 $0.00 $7.53 E 155-46500-123 Deferred Comp-Employer $0.00 $0.00 $2.29 E 155-46500-125 Medicare Contributions $0.00 $0.00 $1.76 E 155-46500-300 Professional Services $0.00 $0.00 $200.00 E 1556500-340 Advertising $0.00 $0.00 $30.00 E 155-46500-622 Tax Increment Payments $0.00 $0.00 $10,849.72 FUND 155 TIF 1-3 Borgert (SKN) $0.00 $0.00 $11,220.64 FUND 156 TIF 1-4 St. Joe Development E 156-46500-101 Salaries $0.00 $0.00 $121.44 E 156-46500-121 PERA Contributions $0.00 $0.00 $7.90 E 156-46500-122 FICA Contributions $0.00 $0.00 $7.53 E 156-46500-123 Deferred Comp-Employer $0.00 $0.00 $2.29 E 156-46500-125 Medicare Contributions $0.00 $0.00 $1.76 E 156-46500-300 Professional Services $0.00 $0.00 $200.00 E 156~f6500-340 Advertising $0.00 $0.00 $30.00 E 156-46500-622 Tax Increment Payments $0.00 $0.00 $48,510.20 FUND 156 TIF 1-4 St. Joe Development $0.00 $0.00 $48,881.12 FUND 157 TIF 2-1 Millstream E 157-46500-101 Salaries $0.00 $0.00 $0.00 E 157-46500-121 PERA Contributions $0.00 $0.00 $0.00 E 157-46500-122 FICA Contributions $0.00 $0.00 $0.00 E 157-46500-123 Deferred Comp-Employer $0.00 $0.00 $0.00 E 157-46500-125 Medicare Contributions $0.00 $0.00 $0.00 E 157-46500-300 Professional Services $0.00 $0.00 $80.00 E 157-46500-317 Other fees $0.00 $0.00 $440.00 E 157-46500-340 Advertising $0.00 $0.00 $30.00 E 157-46500-622 Tax Increment Payments $0.00 $0.00 $0.00 FUND 157 TIF 2-1 Millstream $0.00 $0.00 $550.00 FUND 250 Revolving Loan Fund E 250-46500-455 Revolving Loan Proceeds $0.00 $0.00 $0.00 FUND 250 Revolving Loan Fund $0.00 $0.00 $0.00 10/03/08 2:20 PM Page 1 CITY OF ST JOSEPH EDA Revenue Report Current Period: September 2008 2008 September 2008 FUND Descr SOURCE SOURCE Descr YTD Budget 2008 Amt YTD Amt FUND 150 Economic Development Economic Development 36210 Interest Earnings $3,000.00 $196.36 $403.77 Economic Development 36300 Reimbursement $0.00 $0.00 $0.00 Economic Development 39201 Transfers from Other Funds $0.00 $0.00 $28,000.00 Economic Development 39201 Transfers from Other Funds $0.00 $0.00 $0.00 FUND 150 Economic Development $3,000.00 $196.36 $28,403.77 FUND 155 TIF 1-3 Borgert (SKN) TIF 1-3 Borgert (SKN) 31050 Tax Increment $0.00 $0.00 $11,420.76 TIF 1-3 Borgert (SKN) 36210 Interest Eamings $0.00 $43.80 $135.19 FUND 155 TIF 1-3 Borgert (SKN) $0.00 $43.80 $11,555.95 FUND 156 TIF 1-4 St. Joe Development TIF 1-4 St. Joe Development 31050 Tax Increment $0.00 $0.00 $31,066.39 TIF 1-4 St. Joe Development 36210 Interest Eamings $0.00 $200.78 $978.29 FUND 156 TIF 1-4 St. Joe Development $0.00 $200.78 $32,044.68 FUND 157 TIF 2-1 Millstream TIF 2-1 Millstream 31050 Tax Increment $0.00 $0.00 $0.00 TIF 2-1 Millstream 34150 TIF/MIF Deposit $0.00 $0.00 $0.00 TIF 2-1 Millstream 36210 Interest Earnings $0.00 $33.22 $212.13 FUND 157 TIF 2-1 Millstream $0.00 $33.22 $212.13 FUND 250 Revolving Loan Fund Revolving Loan Fund 36210 Interest Eamings $0.00 $285.82 $1,276.03 Revolving Loan Fund 36212 CDAP Loan Interest $0.00 $0.00 $0.00 Revolving Loan Fund 39312 CDAP Loan Proceeds $0.00 $0.00 $0.00 FUND 250 Revolving Loan Fund $0.00 $285.82 $1,276.03 $3,000.00 $759.98 $73,492.56 10/03/08 2:19 PM Page 1 ,~,,~,~nn--~ ~~ CITY OF ST. JOSEPH wWw.cityof stjoseph.com DATE: October 15, 2008 MEMO TO: Economic Development Authority FROM: Cynthia Smith-Strack Municipal Development Group Administrator ~udy Weyrens RE: Mailing BFA Grant Application: Randy Schmitz Background: The EDA has received an application for the Business Facade Architectural (BFA) Grant Mayor Program from Randy Schmitz, Owner of Scenic Specialties. As you know, the 2008 pilot AI Rassier program can fund up to five projects totaling $1,000 each. The matching grant is for architectural services relating to facade redevelopment or landscape visible from public rights of Councilors way. The EDA has previously committed to three projects, none of which have requested reimbursement at this time. Steve Frank Rick Schultz As you know, BFA program oversight and authority for grant approval was delegated to the Renee Symanietz EDA. The EDA is to review and approve grants based on the following guidelines on a first Dale DUick come, first served basis: 1. A project for which an application has been received will only be reviewed if it is filled out completely and accompanied by photographs illustrating subject building(s) and property. 2. Multiple property owners must submit separate applications for each property/project. 3. Any business owner under a lease who submits and application must obtain and provide written consent of the property owner. 4. Preference will be given to projects which: ^ Will positively contribute to the City revitalization/renewal efforts ^ Will eliminate a blighting influence ^ Will result in a visible improvement that would not be made otherwise ^ Demonstrate a ratio of private investment to public investment greater than 2:1 5. Project is consistent with the Comprehensive Plan, transportation plans and other applicable plans. 6. Projects must be completed within a timely manner from date of official project approval (i.e. one year with a maximum extension of an additional six months). As indicated, dollars are limited and reimbursement will be made after project improvements are completed, and reimbursement requested. Review of Request: Review of the application is requested. An schedule of compliance with program requirements is included in the following pages. Action: EDA consideration of the grant application is kindly requested. zS College Avenue North PO Box 668 Saint ~oseph, Minnesota 56374 Phone 320.363.7zoi Fax 3zo.363.o34z APPLICATION FOR ST. JOSEPH BUSINESS DISTRICT FACADE ARCHITECTURAL DESIGN GRANT PROGRAM ** Please read attached program cr/beria carefully before completing the application ** •* Please remember to include photos of your building(s) andl/or property as they relat® to the types of improvements indicated on this application. '" Business Name: /~ o ~~ ~ r~, (IC ~ d ~ ~IrD,~ Y7 i t5 f ~[ ~ J~ C~t r! ~ C 5~ CiA `77,5 Property Address: 31~ 0( ~~ 3, Business Owner(s): ~a ~. d~.. C. 5 c ~. ~-~. ~ ~ ~ Property Owner(s): p II ( H Mailing Address: J`t w~ ~ _ Phone Number: 3 ~ 3 ' ~ Y'1 ~ ~kf /p ~ Q - 31 ~ y C^n ~ Fax Number: 3 b ~3 ' l 76~ E-Mail Address: Yak ~~ S @ SC a h~C SGtC /~a I T->rS ~ ~d ~ 1. On the attached page, please identity the specific improvements you are proposing for the building(s) and/or properly. 2. Based on the proposed improvements identfied, please provide your best estimate of entire project cost: $ ~'-1 D, LL+a - ~r•c, x . (~' ~~ 000 ~- a/ Ste' of i s•5 ~ wet t 3. If the project cost comes in at, or exceeds your estimate, do you have private funds readily available to complete the proposed the project? x Yes ~_No If No, by what means wi8 you secure funding and still oompiete the project within a timely manner GtJ~.~" -~b 4n[ i-[' ^~uwts 6CeOw« avail.Ll. b.a G~~~`_ /Jra~wcc ,~4 t,.ro r~ . 4. If your project is approved, does completing the project timely pose any conoems for you? _~_ Yes No If yes, Please list those conoems: ~~.O~l ~~Ci~yr. WOCIC ('DU~ t /~ [a ~,-t- -- ~~j s~ r~~j ha Q~(h / /1'1 ~~~1 ~l~ ~~~ ~~ . CITY OF ST. OS~PH 1 wW~.cityof stjoseph.com DATE: October 15, 2008 MEMO TO: Economic Development Authority FROM: Cynthia Smith-Strack Municipal Development Group Administrator ~udy Weyrens RE: Conversion of Student Rental Homes Background Mayor At the September meeting, the EDA discussed its role in proactively responding to a pending AI Rassier change in on-campus residency requirements espoused by the College of St. Benedict and St. John's University. The following direction was provided: Councilors Steve Frank • The economic impact of residency requirement change should be studied. Strack was directed to contact Dr. Mary Edwards at SCSU and the Center for Urban and Rural Rick Schultz Affairs, Humphrey Institute, University of Minnesota. Renee Symanietz Dale Wick The EDA reasoned it will be the organization or entity initially responsible for spearheading an effort to capitalize on conversion of rental houses. • The EDA notes that land use reclassifications may be necessary to convert rental dwellings to other uses such as: occupied homes, MF or senior housing options, public uses, business/commercial uses, or some combination of the previous. The EDA discussed potential changes and indicated more information was needed and that the Planning Commission would need to be at the heart of any use changes. • The EDA identified the following potential project partners: City, EDA, College/University, MHFA, Stearns County HRA, and Central Minnesota Community Land Trust. • The EDA identified the following resources - financial assistance - DEED Redevelopment Grant Program, DEED Small Cities Development Program Grant, MHFA programs, and low-interest energy loans through Department of Commerce, others. Update Since the September EDA meeting the following tasks have been completed: Strack met with Representatives from the Stearns County HRA. The HRA is very interested in partnering with the City regarding conversion of units. The HRA will be a technical resource and partner in the project. The following are direct ways the HRA could assist: SCDP writer & admin; down payment assistance; MHFA program access; property ownership potential. Strack contacted CURA at the U of M and Dr. Mary Edwards at SCSU regarding an economic impact study. CURA is unable to match a graduate student with the project. Dr. Edwards has graduate students available and estimates the study would cost $1,500. Information has been assembled to assist with the economic impact study. A copy is attached for your information. Additional information from SCSU is expected to be available for the meeting. zs College Avenue North PO Box 668 Saint ~oseph, Minnesota 56374 Phone 3zo.363.7zoi Fax 3zo.363.o34z Research conducted reveals other institutions converting to a four-year residency requirement have offered programs where the college assists with down payment and/or provides staff bonuses for moving into student rentals vacated as a result of a residency change. In addition other institutions have met with owners of student rental units on a regular basis to facilitate exchange of information in a direct manner. In another effort, I've begun compiling an inventory of student rental units. The inventory will assist in defining what future use may be most appropriate for each property. Finally, it would seem appropriate to meet with student rental property owners to obtain information on what they would like to do with individual properties. Action The information contained is for your review. Comment and direct is kindly welcomed. SPENDING BYOFF-CAMPUS STUDENTS FROM 2000 CSBISJU ECONOMIC IMPACT STUDY Based on 748 off-campus students (309 at SJU, 439 at CSB) SJU ITEM PER MONTH TOTAL FOR 9 MONTHS STUDENTIMONTH STUDENTl9 MONTHS SJU Groceries $ 27,934 $ 251,402 $ 90 $ 814 SJU Clothin ,Accessories $ 14,277 $ 128,493 $ 46 $ 416 SJU Furniture, Household $ 4,164 $ 37,476 $ 13 $ 121 SJU Beaut and Barber $ 2,880 $ 25,920 $ 9 $ 84 SJU Automobile RentlLease $ 3,470 $ 31,230 $ 11 $ 101 SJU Auto Insurance $ 7,981 $ 71,829 $ 26 $ 232 SJU Charitable Donations $ 694 $ 6,246 $ 2 $ 20 SJU Dinin out $ 9,716 $ 87,444 $ 31 $ 283 SJU Auto Dealers, Service Stations, and Gas $ 17,380 $ 156,416 $ 56 $ 506 SJU Auto Parkin and Car Washin $ 2,429 $ 21,861 $ 8 $ 71 SJU Doctors and Dentists $ 3,643 $ 32,787 $ 12 $ 106 SJU Laund , D Cleainin ,Shoe Re air $ 1,804 $ 16,236 $ 6 $ 53 SJU Household Re airs $ 927 $ 8,343 $ 3 $ 27 SJU Movies, Theater $ 2,151 $ 19,359 $ 7 $ 63 SJU Ni ht Life $ 45,804 $ 412,236 $ 148 $ 1,334 SJU Other $ 6,940 $ 62,460 $ 22 $ 202 SJU SubE. Retail/Service $ 152,193 $ 1,369,737 $ 493 $ 4,433 SJU Monthl Rent $ 73,645 $ 662,805 $ 238 $ 2,145 SJU Tele hone $ 6,674 $ 60,070 $ 22 $ 194 SJU Electrici $ 10,970 $ 98,726 $ 36 $ 320 SJU Gas $ 3,708 $ 33,372 $ 12 $ 108 SJU Oil $ 773 $ 6,953 $ 3 $ 23 SJU WaterlGarba e $ 3,801 $ 34,206 $ 12 $ 111 SJU Other $ 1,854 $ 16,686 $ 6 $ 54 SJU Subf. Housing $ 101,424 $ 912,817 $ 328 $ 2,954 sJU TOTAL $ 253,617 $ 2,282,554 $ 821 $ 7,387 CSB ITEM PER MONTH TOTAL FOR 9 MONTHS STUDENTIMONTH STUDENTl9 MONTHS CSB Groceries $ 49,032 $ 441,288 $ 112 $ 1,005 CSB Clothin ,Accessories $ 27,467 $ 247,203 $ 63 $ 563 CSB Furniture, Household $ 7,945 $ 71,505 $ 18 $ 163 CSB Beaut and Barber $ 9,761 $ 87,849 $ 22 $ 200 CSB Automobile Rent/Lease $ - $ - $ - $ - CSB Taxi and Bus Fares $ 227 $ 2,043 $ 1 $ 5 CSB Charitable Donations $ 1,362 $ 12,258 $ 3 $ 28 CSB Dinin out $ 19,749 $ 177,741 $ 45 $ 405 CSB Auto Dealers, Service Stations, and Gas $ 18,614 $ 167,526 $ 42 $ 382 CSB Hos itals $ 22,700 $ 204,300 $ 52 $ 465 CSB Doctors and Dentists $ 5,675 $ 51,075 $ 13 $ 116 CSB Laund , D Cleainin ,Shoe Re air $ 5,675 $ 51,075 $ 13 $ 116 CSB Household Re airs $ 1,362 $ 12,258 $ 3 $ 28 CSB Movies, Theater $ 4,949 $ 44,537 $ 11 $ 101 CSB Ni ht Life $ 34,731 $ 312,579 $ 79 $ 712 CSB Other $ 2,724 $ 24,516 $ 6 $ 56 CSB Subt. Retail/Service $ 211,973 $ 1,907,753 $ 483 $ 4,346 CSB Monthl Rent $ 115,089 $ 1,035,801 $ 262 $ 2,359 CSB Tele hone $ 11,577 $ 104,193 $ 26 $ 237 CSB Electricit $ 12,204 $ 109,832 $ 28 $ 250 CSB Gas $ 3,782 $ 34,036 $ 9 $ 78 CSB WaterlGarba e $ 7,314 $ 65,825 $ 17 $ 150 CSB Other $ 4,540 $ 40,860 $ 10 $ 93 CSB Subt. Housing $ 154,505 $ 1,390,548 $ 352 $ 3,168 CSB TOTAL $ 366,478 $ 3,298,301 $ 835 $ 7,513 COMBINED TOTAL $ 620,095 $ 5,580,855 $ 829 $ 7,461 Student Rental HousesJUnits Inventory House Number Street Name EMV TAXES PD 35 Ash Street W $ 66,900 $ 739 105 Ash Street W $ 109,100 $ 1,207 16 Birch Street E $ 112,900 $ 1,248 24 Birch Street E $ 82,400 $ 882 38 Birch Street E $ 116,000 $ 2 702 108 Birch Street E $ 134,000 $ 1,490 115 Cedar Steet E $ 113,100 $ 1,258 119 Cedar Steet E $ 105,900 $ 1,022 123 Cedar Steet E $ 109,500 $ 1,168 20 Colle a Ave N $ 84,800 $ 939 103 Colle a Ave N $ 108,700 $ 1,665 109 Colle eAve N $ 120,900 $ 1,338 115 Colle a Ave N $ 133,600 $ 1,478 701 Colle eAve S 709 Colle a Ave S $ 936,900 $ 12,936 717 Colle eAve S 105 16th Ave SE $ 199,600 $ 2,016 19 1st Ave N E $ 105,400 $ 1,173 27 1st Ave NE $ 90,700 $ 1,009 116 1st Ave NE $ 124,700 $ 1,387 301 1st Ave NE $ 111,200 $ 1,230 400 1st Ave NE $ 63,500 $ 706 123 1st Ave NW $ 198,100 $ 2,183 205 1st Ave NW $ 141,100 $ 1,560 402 1st Ave NW $ 109,200 $ 934 21 1st Ave SE $ 113,200 $ 1,258 34 1st Ave SE $ 104, 300 $ 1,160 37 1st Ave SE 102 1st Ave SE 19 2nd Ave NW $ 94,700 $ 1,048 24 2nd Ave NW $ 77,400 $ 856 28 2nd Ave NW 29 2nd Ave NW 33 2nd Ave NW $ 119,500 $ 1,322 12 3rd Ave NW $ 154,400 $ 1,708 114 3rd Ave SE $ 111,400 $ 968 11 6th Ave NW $ 203,300 $ 2,248 134 6th Ave NW $ 141,200 $ 1, 316 109 6th Ave SE 111 6th Ave SE 115 6th Ave SE $ 179,600 $ 2,480 117 6th Ave SE 13 Ash Street E $ 104,300 $ 1,154 22 Ash Street E $ 97,100 $ 790 25 Ash Street E $ 101,100 $ 1,119 28 Ash Street E $ 82,600 $ 913 110 Ash Street E $ 144, 000 $ 1, 602 Student Rental Houses/Units Inventory House Number Street Name EMV TAXES PD 117 Ash Street E $ 124,400 $ 1,383 118 Ash Street E $ 126,600 $ 1,409 212 Ash Street E $ 158,600 $ 1,534 121 Ash Street E $ 138,100 $ 1,536 25 Ash Street W $ 83,800 $ 926 725 Colle a Ave S 403 Colle a Ave N $ 96,900 $ 1,072 412 Colle a Ave N $ 74,800 $ 828 413 Colle a Ave N $ 103,000 $ 1,140 317 C ress Drive $ 121,800 $ 1,348 22 Elm Street E $ 108,800 $ 1,204 24 Minnesota Street E 29 Minnesota Street E $ 156,900 $ 1,744 30 Minnesota Street E 103 Minnesota Street E $ 153,800 $ 1,476 116 Minnesota Street E $ 119,000 $ 1,058 117 Minnesota Street E $ 91,900 $ 1,014 213 Minnesota Street E $ 134,800 $ 1,499 402 Minnesota Street E $ 134,200 $ 1,492 818 Minnesota Street E $ 139,400 $ 1,304 1007 Minnesota Street E $ 270,950 $ 7,006 506 Minnesota Street E $ 102,400 $ 1,138 508 Minnesota Street E 604 Minnesota Street E $ 102,500 $ 1,140 606 Minnesota Street E $ 102,400 $ 858 1403 Minnesota Street E $ 189,400 $ 1,904 13 1/2 Minnesota Street W $ 57,600 $ 1,342 15 1/2 Minnesota Street W $ 64,100 $ 970 33 Minnesota Street W $ 196,250 $ 4,026 117 Minnesota Street W $ 90,000 $ 996 121 Minnesota Street W $ 137,200 $ 1,518 207 Minnesota Street W $ 54,400 $ 602 210 Minnesota Street W $ 131,100 $ 1,800 211 Minnesota Street W $ 122,000 $ 1,350 214 Minnesota Street W $ 94,700 $ 1,048 215 Minnesota Street W $ 115,600 $ 1,279 218 Minnesota Street W $ 133,000 $ 1,470 219 Minnesota Street W $ 124,500 $ 1,378 306 Minnesota Street W 322 Minnesota Street W 310 Old Hi hwa 52 $ 144,900 $ 1,990 314 Old Hi hwa 52 $ 155,800 $ 2,140 316 Old Hi hwa 52 318 Old Hi hwa 52 320 Old Hi hwa 52 $ 358,700 $ 4,927 322 Old Hi hwa 52 Student Rental Houses/Units Inventory House Number Street Name EMV TAXES PD TOTAL $ 10,120,600 $ 123,062 /Resid Mixed Use EMV 8~ Taxes Pd divided in half St. Joseph Student Housing NAME # of DU's # BR/UNIT EMV CITY TAXES 2007 The Loft Apartments 10 1 $ 392,000 $ 5,960 The Loft Apartments 4 2 Campus Villas 39 4 $ 1,540,000 $ 23,562 Boulder Ridge* 22 3 $ 1,185,000 $ 18,375 St. Joe Townhomes 8 4 $ 634,400 $ 7,900 St. Joseph Student H~ 14 5 St. Joseph Student Hs 1 3 Total 98 345 $ 3,751,400 $ 55,797 22 of the 44 DU's of Boulder Ridge are student rentals; EMV and taxes have been halved to maintain relevance N C 7 S 8 m ~ ~°o N :: m ? LL M Y 'yp~ N Q C Q m~~ O p Q^ pp Q N~ O~ M Q O N~ N O m \ N~ Q ` O •- ~ Ol I~ N Q t7 Q W Q t0~1 N V NN m 0 N io[1 ~ t~ r Ol M N~ Nl M M t~ a O Q~M O e e a 1Q f ~ O f V ` C 0 n ~O M N N N N l0 ~ ~ M N ' O O O N O m e e O ' i 0 fWO ~ ~ M W~ 1~ Q ((pp ~OOMD~Q~ ~ e ~ ~ cOQ~~O1 ~ ONmMO~ o e ~N O1 ~ O mO~MO~ ~ QQNN't~ fODn Q ~ ~Mr Oi cON~ ~Q m NN m O Q O>NO~ m V ~f) mQ ~- ~ W n ~ W Q O ~O m W" N O Q N p N N M N Q~ O O N f~~ f+l O) O 1~ 0 ~ 0^ ,°~Q ~ e 10 0 LL ) Q N ~ ~ W Q n ~ ~ ~~pp N N Q M i0 N O N N N Q c0 e OD m Q tD M OI OI f D N O P W cN, ~ GD N Gp O N O N ~ W e 2° tD N a ^ N f' (` ~ W ~ ~. ~ QQ ~ N ~ Q N N~ O~ ~ N Q O ~ O~ ~ l00 N O N Q of N i~ N ~ m M 0 NM N S~ : _ QNv~~ OMiOM001 eee ~ C j ' u 7 t Q V -I• i W t7 ~ ( ~ ~ In O~ N OQj NQ 1~ Q 1~ t p th ~ M _ r NI O W ~ N ~ N M Q QO~~ O! W M °~ ~ 2' t7 h Q N N ~ ~ m Q ~ n N 0 ~voo~~ ~o~oo%~ ~~oo~~ N O 'C '~ ~ p > m~r N w N O "C ~C W O }o' ~r N O ~~ ~C ~ O >E ~r o'r Lc a ~ ~ ~r ° '~ Cc° °' m N LL S° xa N iLa ~ 3~0 ` in a '~ in in ° ° n a ~u~ ~ a "10 UU~ „~ n u O a n m a O~N E ~ c c 6 ¢ c c `c ~ e y ' m '~ ~ ~, ? v m d a~i wadi O o xa O a1 aaa s 5 Y ~ s~ ~~~ a ~ S A m° ~ m $ r.- -- -- a ^ i O 0 a ~ C r°i O C on ~i O f J N 1I t y ~ f d O '^ O N r I ~ ~ O I C u°~ I a o 1 { N 1 I ~ N b o ~ o ~ ~ o m ~ v I THIS PAGE INTENTIONALLY LEFT BLANK ~ CITY OF ST. OS~PH 1 www. cityof stjoseph.com DATE: October 15, 2008 MEMO TO: Economic Development Authority Administrator ~Udy ~eyrens FROM: Cynthia Smith-Strack Municipal Development Group RE: Comprehensive Plan Update: Future Land Use Maps TVlayor AI Rassier Background: Enclosed in your EDA packet is a draft of the 2008 Comprehensive Plan Update. Please note that text highlighted in green will be updated, Map 4-6 Future Land Use has not yet been Councilors updated (hopefully by the EDA meeting), and the chapter relating to economic development has Steve Frank not been changed since updating in 2007. Rick Schultz Renee Symanietz ACtIOn Dille Wick This item is for information and comment. zs College Avenue North PO Box 668 Saint ~oseph, Minnesota 56374 Phone 320.363.7zoi Fax 3zo.363.o34z