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.
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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:
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. 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
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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