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HomeMy WebLinkAbout03_15_22_EDA packet CITY OF ST. JOSEPH www.cityofstjoseph.com 75 Callaway Street East | Saint Joseph, Minnesota 56374 Email: cityoffices@cityofstjoseph.com | Phone: 320.363.7201 | Fax 320.363.0342 St. Joseph Economic Development Authority March 15th, 2022 12:00 PM 75 Callaway St E (St. Joseph City Hall) ** The meeting will also be offered remotely via Zoom** 1. Call to order 2. Public Comments 3. Approve Agenda 4. Consent Agenda a. Minutes – Requested Action: Approve the minutes of Feb. 15th 2021 b. Financial Report –FEB REPORT 5. BFA Grant – Fire Hall – Wiger 6. BFA Grant – 109 Ash St – Wiger 7. JR Mobile update 8. CVB Request – Midwest Travel Network Conference Sponsorship 9. Business/Development, EDA priorities 10. Board Member Announcements 11. Adjourn Zoom Meeting Information Join Zoom Meeting https://us06web.zoom.us/j/89347556498?pwd=TTc4SGh4V3Y1bFBPSmI3SHlXOGhJZz09 Meeting ID: 893 4755 6498 Passcode: 707356 One tap mobile +13126266799,,89347556498#,,,,*707356# US (Chicago) +19292056099,,89347556498#,,,,*707356# US (New York) EDA Board member Larry Hosch will attend remotely and be zooming in from: 630 Gumtree CT St. Joseph, MN 56374 1 February 15th, 2022 Page 1 of 2 Pursuant to due call and notice thereof, the St. Joseph Economic Development Authority met on Tuesday, February 15th, 2022 at 12:00 PM. Members Present: Board Members Kevin Kluesner, Larry Hosch, Rick Schultz, Doug Danielson – via ZOOM Members Absent: Dale Wick City Representatives Present: Community Development Director Nate Keller, City Administrator Therese Haffner Schultz called the St. Joseph Economic Development Authority meeting to order at 12:00 PM Public Comments Joe Walz asked about getting utilities out to the Gateway area. Mayor Schultz responded that the city put a bonding request in to get sewer to the site. The legislature still needs to take formal action on the request and the recommendation may be different then the Governor’s recommendation. Agenda Approval: Kluesner made a motion to approve the agenda as presented; seconded by Hosch and passed unanimously by those present. Consent Agenda: Kluesner made a motion to approve the consent agenda as follows; seconded by Schultz and passed unanimously by those present. a. Minutes - Approve the minutes of January 18th, 2022 b.Financial Report – JAN. report CVB Ordinance and Explore MN grant update Haffner provided an overview of the drafted CVB ordinance. Keller highlighted the Explore MN grant received. Connecting Entrepreneurial Communities Conference - 2022 Background and answers were provided by Keller on EDA Board questions from the previous meeting. Board members concurred that if the conference was to go virtual it would not be worth pursuing. Consensus from EDA Board was to not pursue application to the conference for 2022. Staff will look towards potential 2023 submittal. JR Mobile Keller outlined the current status of the project and potential next steps. 2022 Business Retention Strategy Keller shared the 2022 schedule. Mayor Schultz recommended to add the assisted and senior living facilities for 2022. Building Façade request – Fire/Village Hall Keller asked the Board about a potential grant submittal for the Fire Hall building. The board concurred that a grant can be submitted but the project must demonstrate how the grant will help the applicant go above and beyond the minimum requirements. Resolution Supporting Local Decision Making Keller highlighted why the resolution was being brought forward and concerns tied to drafted legislation at the MN legislature specifically regarding local land use control. Kluesner made a motion to approve and support the resolution supporting local decision making; seconded by Schultz and passed unanimously by those present. Business/Development, EDA priorities, and TIF update 22 February 15th, 2022 Page 2 of 2 Keller provided updates on: Boutique hotel discussions, Trobec’s, Distillery, GSDC upcoming meetings, “Feel the love” February, staff attendance at Ehlers Conference and the TIF legislation changes. Within the downtown TIF district there is about $30,000 in excess TIF available that can be tapped into. Money could be used to help facilitate or support a development like a hotel in the downtown area. Adjourn: Schultz made a motion to adjourn the meeting at 12:36 PM, seconded by Kluesner and passed unanimously by those present. Nate Keller Community Development Director 33 EDA Agenda Item 4b ________________________ MEETING DATE: March 15, 2022 AGENDA ITEM: February Finance Reports SUBMITTED BY: Finance BOARD/COMMISSION/COMMITTEE/COUNCIL RECOMMENDATION: N/A PREVIOUS EDA ACTION: None BACKGROUND INFORMATION: Enclosed you will find the reconciled financial reports through February 28, 2022. The ending undesignated balance shows a surplus of $55,580. The designated project balance is $28,774 for economic development programs. The designation for capital programs includes the 2022 budget. The budget is paid for with tax proceeds. Taxes are received in June, July and December. The other funds reported include the TIF funds, Lodging Tax, DEED CDAP Grant reimbursement and the Revolving Loan fund. There are three revolving loans to Krewe and Flour to Flower Bakery; St. Joseph Food Co-Op; and Jupiter Moon Ice Cream. The current revolving loan fund balance is $403,672 on February 28st, including $377,054 reserved balance from the EDA fund to be used for future economic development projects; $26,619 is available from the State’s RLF fund for future loan requests. The Lodging Tax fund has a balance of $17,983 on February 28st. A summary of their activity is enclosed in this report. The orange highlights are dependent upon the CVB collecting sponsorship fees. If sponsorship fees begin, the EDA agreed to contribute up to a $4,000 match to support the CVB programs. Lodging tax proceeds are near pre-pandemic levels. Hats and t-shirts are being sold at the MN Street Market. The Co-op remits sales proceeds monthly. City staff is monitoring the sales and inventory monthly. Note: The reports do not reflect year-end audit entries that will be recorded over the next couple months. The City’s audit fieldwork is scheduled the week of March 14th. BUDGET/FISCAL IMPACT: For Information Only ATTACHMENTS: EDA Financial Summary EDA Balance Sheet EDA Revenue Report EDA Expenditure Report EDA Summary CIP CVB Financial Summary REQUESTED BOARD ACTION: Consider acceptance of the February financial reports. 344 CVB 2022 Financial Summary As of February 28, 2022 Beginning Fund Balance 1‐1‐22 20,513.02$            Budget YTD Rev Customer 2022 2022 Interest Earnings 300.00$ (185.96)$                T‐shirt/Hats/Merchandise Sales 1,500.00 131.25  Sponsorship dues 4,000.00  EDA Transfer ‐ Sponsorship Match 4,000.00  Rodeway Inn Lodging Tax 10,000.00 1,282.83  CSB Lodging Tax 3,300.00 ‐  Estates B&B Lodging Tax 700.00 235.77  23,800.00$                1,463.89$              Budget YTD Exp Vendor 2022 2022 Professional Services ‐ Manage Social Media (Bruno Press)9,000.00$ 2,250.00$              Visitor's Bureau ‐ Rubinski Works ‐ Videos 2,100.00  Visitor's Bureau ‐ Rubinski Works ‐ Videos 300.00  Visitor's Bureau ‐ Website/Joetownmn.com Hosting 1,745.00 76.50  Visitor's Bureau ‐ Shop Small/Winterwalk Postcards 500.00  Visitor's Bureau ‐ Photos 200.00  Visitor's Bureau ‐ Bike Racks 1,000.00  Visitor's Bureau ‐ Wobegon Trailhead Maps/Signage**2,900.00  Marketing ‐ Additional with Sponsorship Fees 2,000.00  Marketing ‐ SHRPA ‐  Marketing ‐ Feel The Love Campaign 1,000.00 1,000.00  Marketing ‐ Merchandise Sales (Krillan)1,500.00  Advertise ‐ Think Tourism USA 775.00 775.00  Advertise ‐ MN Trails Magazine 580.00 680.00  Advertise ‐ Newcomer Service Magazine 200.00  23,800.00$                4,781.50$              Ending Cash Balance 2‐28‐22 17,195.41$            ** Propose trailhead sign to be paid for with fund 390 ‐ balance from City welcome signs project if funds "left over" ‐ not planned for a few years. 455 03/11/22 1:34 PM EDA Balance Sheet City of St. Joseph Page 1 Current Period: February 2022 FUND Descr Account Descr Begin Yr YTDDebit YTDCredit CurrentBalance FUND 150 Economic Development Economic Development G 150-10100 Cash $82,614.41 $6,671.42 $14,440.64 $74,845.19 Economic Development G 150-10450 Interest Receivable $347.24 $0.00 $0.00 $347.24 Economic Development G 150-10500 Accounts Receivable $0.00 $0.00 $0.00 $0.00 Economic Development G 150-10700 Taxes Receivable - Delinquen $597.94 $0.00 $0.00 $597.94 Economic Development G 150-13113 Due From other Gov t Units $6,406.42 $0.00 $0.00 $6,406.42 Economic Development G 150-15500 Due From Other Fund $8,800.00 $0.00 $0.00 $8,800.00 Economic Development G 150-20200 Accounts Payable -$5,326.11 $0.00 $0.00 -$5,326.11 Economic Development G 150-20201 Salaries Payable -$718.83 $0.00 $0.00 -$718.83 Economic Development G 150-22204 Deferred Inflow of Resources -$597.94 $0.00 $0.00 -$597.94 Economic Development G 150-24415 Design. Fd Bal - Operations $0.00 $0.00 $0.00 $0.00 Economic Development G 150-25310 Unassigned Fund Balance -$92,123.13 $14,440.64 $6,671.42 -$84,353.91 $0.00 $21,112.06 $21,112.06 $0.00FUND 150 Economic Development FUND 153 TIF 4-1 Fortitude Senior Apts TIF 4-1 Fortitude Senior G 153-10100 Cash $16,793.60 $0.00 $142.88 $16,650.72 TIF 4-1 Fortitude Senior G 153-10450 Interest Receivable $41.54 $0.00 $0.00 $41.54 TIF 4-1 Fortitude Senior G 153-10500 Accounts Receivable $0.00 $0.00 $0.00 $0.00 TIF 4-1 Fortitude Senior G 153-20200 Accounts Payable $0.00 $0.00 $0.00 $0.00 TIF 4-1 Fortitude Senior G 153-20500 Due To Other Fund $0.00 $0.00 $0.00 $0.00 TIF 4-1 Fortitude Senior G 153-25310 Unassigned Fund Balance -$16,835.14 $142.88 $0.00 -$16,692.26 $0.00 $142.88 $142.88 $0.00FUND 153 TIF 4-1 Fortitude Senior Apts FUND 157 TIF 2-1 Millstream TIF 2-1 Millstream G 157-10100 Cash $36,109.62 $0.00 $324.45 $35,785.17 TIF 2-1 Millstream G 157-10450 Interest Receivable $101.75 $0.00 $0.00 $101.75 TIF 2-1 Millstream G 157-10500 Accounts Receivable $0.00 $0.00 $0.00 $0.00 TIF 2-1 Millstream G 157-13113 Due From other Gov t Units $0.00 $0.00 $0.00 $0.00 TIF 2-1 Millstream G 157-20200 Accounts Payable $0.00 $0.00 $0.00 $0.00 TIF 2-1 Millstream G 157-25310 Unassigned Fund Balance -$36,211.37 $324.45 $0.00 -$35,886.92 $0.00 $324.45 $324.45 $0.00FUND 157 TIF 2-1 Millstream FUND 159 TIF 2-3 Bayou Blues/Alley Flat TIF 2-3 Bayou Blues/All G 159-10100 Cash $341.99 $0.00 $27.65 $314.34 TIF 2-3 Bayou Blues/All G 159-10450 Interest Receivable $12.21 $0.00 $0.00 $12.21 TIF 2-3 Bayou Blues/All G 159-13113 Due From other Gov t Units $0.00 $0.00 $0.00 $0.00 TIF 2-3 Bayou Blues/All G 159-20200 Accounts Payable $0.00 $0.00 $0.00 $0.00 TIF 2-3 Bayou Blues/All G 159-20500 Due To Other Fund -$8,800.00 $0.00 $0.00 -$8,800.00 TIF 2-3 Bayou Blues/All G 159-25310 Unassigned Fund Balance $8,445.80 $27.65 $0.00 $8,473.45 $0.00 $27.65 $27.65 $0.00FUND 159 TIF 2-3 Bayou Blues/Alley Flat FUND 220 Lodging Tax Lodging Tax G 220-10100 Cash $20,513.02 $1,649.85 $4,967.46 $17,195.41 Lodging Tax G 220-10450 Interest Receivable $55.61 $0.00 $0.00 $55.61 Lodging Tax G 220-10500 Accounts Receivable $808.92 $0.00 $0.00 $808.92 Lodging Tax G 220-20200 Accounts Payable -$76.50 $0.00 $0.00 -$76.50 Lodging Tax G 220-25310 Unassigned Fund Balance -$21,301.05 $4,967.46 $1,649.85 -$17,983.44 $0.00 $6,617.31 $6,617.31 $0.00FUND 220 Lodging Tax FUND 225 DEED CDAP Grant DEED CDAP Grant G 225-10100 Cash $43,061.59 $0.00 $398.75 $42,662.84 DEED CDAP Grant G 225-10450 Interest Receivable $131.60 $0.00 $0.00 $131.60 DEED CDAP Grant G 225-25310 Unassigned Fund Balance -$43,193.19 $398.75 $0.00 -$42,794.44 566 FUND Descr Account Descr Begin Yr YTDDebit YTDCredit CurrentBalance Page 2 03/11/22 1:34 PM EDA Balance Sheet City of St. Joseph Current Period: February 2022 $0.00 $398.75 $398.75 $0.00FUND 225 DEED CDAP Grant FUND 250 Revolving Loan Fund Revolving Loan Fund G 250-10100 Cash $402,926.68 $2,441.14 $2,576.96 $402,790.86 Revolving Loan Fund G 250-10450 Interest Receivable $661.89 $0.00 $0.00 $661.89 Revolving Loan Fund G 250-11900 Notes Receivable $67,430.15 $0.00 $0.00 $67,430.15 Revolving Loan Fund G 250-20200 Accounts Payable $0.00 $0.00 $0.00 $0.00 Revolving Loan Fund G 250-22204 Deferred Inflow of Resources -$67,210.43 $0.00 $0.00 -$67,210.43 Revolving Loan Fund G 250-24415 Design. Fd Bal - Operations $0.00 $0.00 $0.00 $0.00 Revolving Loan Fund G 250-25310 Unassigned Fund Balance -$403,808.29 $2,576.96 $2,441.14 -$403,672.47 $0.00 $5,018.10 $5,018.10 $0.00FUND 250 Revolving Loan Fund $0.00 $33,641.20 $33,641.20 $0.00 677 2022 Capital Expenditures General Fund Capital Improvement Plan ‐ EDA EDA Recommended: August 17, 2021 Adopted December 6, 2021 12/31/2021 Available through 2/28 through 2/28 Project Project Reserve Budget Grants/Aids Spent 2022 Department Account Code Number Equipment Balance 2022 2022 2022 Balance EDA 150-46500-582 EDA-1401 Computer Software 2,806.74 500.00 3,306.74  EDA 150-46500-588 EDA-1402 Business Development 524.00 25,000.00 57.00 25,467.00        RLF 250-46500-588 EDA-1402 Business Development 377,053.91 ‐ 377,053.91      377,577.91 25,000.00 ‐ 57.00 402,520.91      TOTAL EDA CIP 380,384.65           25,500.00                ‐ 57.00 405,827.65         788 03/11/22 1:34 PM EDA Expenditure Report City of St. Joseph Page 1 Current Period: February 2022 Account Descr 2022YTD Budget February2022 Amt 2022YTD Amt FUND 150 Economic Development E 150-46500-101 Salaries $32,985.00 $2,526.06 $5,039.71 E 150-46500-103 Legislative Bodies $1,050.00 $0.00 $525.00 E 150-46500-121 PERA Contributions $2,475.00 $189.46 $377.99 E 150-46500-122 FICA Contributions $2,000.00 $155.10 $309.43 E 150-46500-123 Deferred Comp-Employer $455.00 $17.50 $35.00 E 150-46500-125 Medicare Contributions $465.00 $36.28 $72.37 E 150-46500-130 H S A- Employer Contribution $790.00 $0.00 $393.75 E 150-46500-131 Health Insurance $5,670.00 $416.06 $832.12 E 150-46500-132 Dental Insurance $445.00 $27.78 $55.56 E 150-46500-133 Life Insurance $30.00 $2.33 $4.66 E 150-46500-134 Disabilty Insurance $280.00 $22.30 $44.60 E 150-46500-151 Workers Comp. Insur. Prem.$190.00 $0.00 $0.00 E 150-46500-171 Clothing Allowance $0.00 $53.11 $53.11 E 150-46500-200 Office Supplies $300.00 $0.00 $0.00 E 150-46500-215 Software Support $1,455.00 $0.00 $0.00 E 150-46500-300 Professional Services $1,000.00 $0.00 $0.00 E 150-46500-303 Engineering Fee $1,000.00 $0.00 $0.00 E 150-46500-304 Legal Fees $1,000.00 $0.00 $57.00 E 150-46500-308 Community Programs $0.00 -$265.00 -$265.00 E 150-46500-321 Telephone $1,720.00 $114.37 $228.92 E 150-46500-322 Postage $100.00 $0.00 $0.00 E 150-46500-328 Marketing $1,000.00 $0.00 $0.00 E 150-46500-331 Travel & Conference Expense $1,400.00 $0.00 $215.00 E 150-46500-340 Advertising $0.00 $0.00 $0.00 E 150-46500-420 Depreciation $0.00 $0.00 $0.00 E 150-46500-433 Dues & Memberships $5,295.00 $0.00 $0.00 E 150-46500-582 Computer Software $500.00 $0.00 $0.00 E 150-46500-588 EDA Programs $25,000.00 $0.00 $0.00 E 150-46500-622 TIF/Abatement Payments $35,000.00 $0.00 $4,691.00 E 150-49300-720 Transfers to Other Funds $4,000.00 $0.00 $0.00 $125,605.00 $3,295.35 $12,670.22FUND 150 Economic Development FUND 153 TIF 4-1 Fortitude Senior Apts E 153-46500-300 Professional Services $1,000.00 $0.00 $0.00 E 153-46500-306 County TIF Admin Fee $0.00 $0.00 $0.00 E 153-46500-340 Advertising $55.00 $0.00 $0.00 E 153-46500-588 EDA Programs $0.00 $0.00 $0.00 E 153-46500-622 TIF/Abatement Payments $0.00 $0.00 $0.00 E 153-49300-720 Transfers to Other Funds $0.00 $0.00 $0.00 $1,055.00 $0.00 $0.00FUND 153 TIF 4-1 Fortitude Senior Apts FUND 157 TIF 2-1 Millstream E 157-46500-300 Professional Services $1,000.00 $0.00 $0.00 E 157-46500-301 Audit & Accounting Services $0.00 $0.00 $0.00 E 157-46500-306 County TIF Admin Fee $0.00 $0.00 $0.00 E 157-46500-340 Advertising $55.00 $0.00 $0.00 E 157-46500-622 TIF/Abatement Payments $0.00 $0.00 $0.00 E 157-49300-720 Transfers to Other Funds $0.00 $0.00 $0.00 $1,055.00 $0.00 $0.00FUND 157 TIF 2-1 Millstream FUND 159 TIF 2-3 Bayou Blues/Alley Flat E 159-46500-300 Professional Services $1,000.00 $0.00 $0.00 899 Account Descr 2022YTD Budget February2022 Amt 2022YTD Amt Page 2 03/11/22 1:34 PM EDA Expenditure Report City of St. Joseph Current Period: February 2022 E 159-46500-301 Audit & Accounting Services $0.00 $0.00 $0.00 E 159-46500-306 County TIF Admin Fee $0.00 $0.00 $0.00 E 159-46500-340 Advertising $55.00 $0.00 $0.00 E 159-46500-622 TIF/Abatement Payments $0.00 $0.00 $0.00 E 159-49300-720 Transfers to Other Funds $0.00 $0.00 $0.00 $1,055.00 $0.00 $0.00FUND 159 TIF 2-3 Bayou Blues/Alley Flat FUND 220 Lodging Tax E 220-46500-300 Professional Services $9,000.00 $1,500.00 $2,250.00 E 220-46500-309 Visitors Bureau $9,745.00 $775.00 $851.50 E 220-46500-328 Marketing $3,500.00 $680.00 $1,680.00 E 220-46500-331 Travel & Conference Expense $0.00 $0.00 $0.00 E 220-46500-340 Advertising $1,555.00 $0.00 $0.00 $23,800.00 $2,955.00 $4,781.50FUND 220 Lodging Tax FUND 225 DEED CDAP Grant E 225-46500-300 Professional Services $0.00 $0.00 $0.00 E 225-46500-340 Advertising $0.00 $0.00 $0.00 E 225-46500-431 Annexation/Recording Fee $0.00 $0.00 $0.00 $0.00 $0.00 $0.00FUND 225 DEED CDAP Grant FUND 250 Revolving Loan Fund E 250-46500-300 Professional Services $0.00 $0.00 $0.00 E 250-46500-304 Legal Fees $0.00 $0.00 $0.00 E 250-46500-317 Other fees $0.00 $0.00 $0.00 E 250-46500-434 Certification Fee $0.00 $0.00 $0.00 E 250-46500-455 Revolving Loan Proceeds $0.00 $0.00 $0.00 $0.00 $0.00 $0.00FUND 250 Revolving Loan Fund $152,570.00 $6,250.35 $17,451.72 91010 03/11/22 1:35 PM EDA Revenue Report City of St. Joseph Page 1 Current Period: February 2022 Account Descr SOURC 2022YTD Budget February2022 Amt 2022YTD Amt FUND 150 Economic Development R 150-46500-31010 Current Ad Valorem Taxes 31010 $115,220.00 $0.00 $1,715.42 R 150-46500-33160 Federal Grants - Other 33160 $0.00 $0.00 $0.00 R 150-46500-33430 Other Grants/Aids 33430 $0.00 $0.00 $0.00 R 150-46500-34150 TIF/MIF Deposit 34150 $0.00 $0.00 $0.00 R 150-46500-34160 Tax Abatement Reimbursement 34160 $9,385.00 $0.00 $4,691.00 R 150-46500-36210 Interest Earnings 36210 $1,000.00 -$602.44 -$1,505.42 R 150-49302-36260 Surplus Property 36260 $0.00 $0.00 $0.00 R 150-49302-39201 Transfers from Other Funds 39201 $0.00 $0.00 $0.00 $125,605.00 -$602.44 $4,901.00FUND 150 Economic Development FUND 153 TIF 4-1 Fortitude Senior Apts R 153-46500-31050 Tax Increment 31050 $0.00 $0.00 $0.00 R 153-46500-34150 TIF/MIF Deposit 34150 $0.00 $0.00 $0.00 R 153-46500-36210 Interest Earnings 36210 $100.00 -$73.30 -$142.88 R 153-49302-39201 Transfers from Other Funds 39201 $0.00 $0.00 $0.00 $100.00 -$73.30 -$142.88FUND 153 TIF 4-1 Fortitude Senior Apts FUND 157 TIF 2-1 Millstream R 157-46500-31050 Tax Increment 31050 $0.00 $0.00 $0.00 R 157-46500-36210 Interest Earnings 36210 $250.00 -$157.56 -$324.45 $250.00 -$157.56 -$324.45FUND 157 TIF 2-1 Millstream FUND 159 TIF 2-3 Bayou Blues/Alley Flat R 159-46500-31050 Tax Increment 31050 $0.00 $0.00 $0.00 R 159-46500-36210 Interest Earnings 36210 $100.00 -$10.22 -$27.65 R 159-49302-39201 Transfers from Other Funds 39201 $0.00 $0.00 $0.00 $100.00 -$10.22 -$27.65FUND 159 TIF 2-3 Bayou Blues/Alley Flat FUND 220 Lodging Tax R 220-46500-31600 Lodging Tax 31600 $14,000.00 $822.18 $1,518.60 R 220-46500-33400 State Grants and Aids 33400 $0.00 $0.00 $0.00 R 220-46500-34406 Sponsorship Fee 34406 $4,000.00 $0.00 $0.00 R 220-46500-34409 Marketing 34409 $1,500.00 $18.75 $131.25 R 220-46500-36210 Interest Earnings 36210 $300.00 -$87.98 -$185.96 R 220-46500-36230 Contributions - General 36230 $0.00 $0.00 $0.00 R 220-49302-39201 Transfers from Other Funds 39201 $4,000.00 $0.00 $0.00 $23,800.00 $752.95 $1,463.89FUND 220 Lodging Tax FUND 225 DEED CDAP Grant R 225-46500-34200 DEED Housing Reimbursement 34200 $0.00 $0.00 $0.00 R 225-46500-36210 Interest Earnings 36210 $300.00 -$187.86 -$398.75 R 225-49302-39201 Transfers from Other Funds 39201 $0.00 $0.00 $0.00 $300.00 -$187.86 -$398.75FUND 225 DEED CDAP Grant FUND 250 Revolving Loan Fund R 250-46500-36210 Interest Earnings 36210 $1,500.00 -$1,503.05 -$2,576.96 R 250-49302-39201 Transfers from Other Funds 39201 $0.00 $0.00 $0.00 R 250-46500-39320 Loan Principal 39320 $12,665.00 $1,074.42 $2,112.54 R 250-46500-39321 Loan Interest 39321 $1,720.00 $163.00 $328.60 R 250-46500-39322 Loan Origination Fee 39322 $0.00 $0.00 $0.00 $15,885.00 -$265.63 -$135.82FUND 250 Revolving Loan Fund 101111 Account Descr SOURC 2022YTD Budget February2022 Amt 2022YTD Amt Page 2 03/11/22 1:35 PM EDA Revenue Report City of St. Joseph Current Period: February 2022 $166,040.00 -$544.06 $5,335.34 111212 EDA Agenda Items 5-9 MEETING DATE: March 14th, 2022 AGENDA ITEM: 5. BFA Grant – Fire Hall Wiger 6. BFA Grant – 109 Ash St Wiger7. JR Mobile update8.CVB Request – Midwest Travel Conference Sponsorship 9.Business/Development, EDA priorities SUBMITTED BY: Nate Keller, Community Development Director PREVIOUS BOARD ACTION: 5 – previous direction was given at Feb. EDA meeting to allow applicant submission of grant 6 – grant was given last year for Façade work. This request involves different components of project. 7 – updates provided at previous EDA meetings 8- none BACKGROUND INFORMATION: 5 – BFA Grant – Fire Hall Wiger Shannon Wiger is requesting a BFA to assist with the work for the Fire Hall project. The scope of the work will include replacing the two overhead garage doors. The grant will help enhance the project because it would allow her to completely replace the doors with clear tempered glass and black framing (versus just painting the existing doors). This enhancement will completely transform the look, and feel of the space. The grant allows up to a maximum of $2,000 match. 6 – BFA Grant – 109 Ash St Wiger Wiger is proposing to do further work on the 109 Ash St property. A grant was provided in 2021 for some of the façade work. Grant guidelines allow 1 project per property per year. The 2022 proposal would include a 2nd entrance to the property. This will allow Wiger to accommodate a 2nd and potential 3rd tenant. With the grant she will also be able to incorporate additional windows to further enhance the front façade. Grant allows up to a maximum of $2,000 match (per year per property). 7 – JR Mobile update Staff will provide verbal update 8 – CVB Request – Midwest Travel Network Conference Sponsorship Mary Bruno brought to staff’s attention last Friday that the “Midwest Travel Network Conference” is coming to St. Cloud on June Jun 23rd – Jun 25th. The conference is catered to professionals in the travel industry including content creators, bloggers, general travel promoters, and more. Close to 200 people are expected to attend. Visit St. Cloud is the host sponsor reason why the conference got selected to be in St. Cloud. CVB discussed the conference at their March 14th meeting and concurred that it would be a good idea to support a sponsorship for the CVB at the conference. The sponsorship would allow the CVB to show our promotional video at the conference, provide brochures and maps of St. Joseph to visitors and provide a platform for Mary Bruno to speak at the conference to highlight all that St. Joseph has to offer. 1313 The cost of the sponsorship is $500. Staff also checked with Explore MN to help determine if the sponsorship could be covered by the grant the CVB recently. Explore MN did confirm that the sponsorship would not be an eligible expense. Therefore, the CVB is asking the EDA to cover the full $500. The CVB is asking for EDA assistance because of the limitations within current CVB budget. In the 2022 budget the only items not spent yet include: $300 for general videos, $500 for shop small/winter walk postcards, $200 for photos, $200 for newcomer magazine, and general website/hosting costs. The website/hosting costs will be needed due to multiple issues with current website and CVB does not want to remove or substitute any of the other items. Given there is no miscellaneous (or remaining) funds CVB is asking EDA for financial support. It should be noted that Mary is working diligently to try and get business to sponsor short “excursions” attendees can take at the conference. The excursions do not need EDA support. They would be supported by the businesses participating in the excursion. A rough outline of a possible excursion is shown below: Shopping the Hidden Gems of Joetown 1.Grab a snack at Krewe 2.Head to Hudson & Co a.Weathered Revivals b.Minnesota Street Market 3.Ice Cream at Jupiter Moon 4.Beers and a snack at Bad Habit Brewery More information on the conference can be found at: https://midwesttravelnetwork.com/conference- 2022/ 9 - Business Development, EDA priorities update – Staff will provide verbal update. BUDGET/FISCAL IMPACT: Items 5 and 6 have impact of $4,000 total (if grants are supported) Item 8 would have a $500 impact to EDA marketing budget ($1000 in current marketing budget) ATTACHMENTS: BFA Fire Hall Wiger Resolution EDA 2022-001 – Fire Hall BFA 109 Ash St Wiger Resolution EDA 2022-002 – 109 Ash St REQUESTED BOARD ACTION: 5 – motion needed on resolution EDA 2022-001 6 – motion needed on resolution EDA 2022-002 8 – motion needed on CVB request 1414 APPLICATION FOR ST. JOSEPH BUSINESS DISTRICT FAÇADE ARCHITECTURAL DESIGN GRANT PROGRAM ** Please remember to include photos of your building(s) and/or property as they relate to the types of improvements indicated on this application. ** APPLICANT AND PROPERTY OWNER INFORMATION: Applicant: College & Minnesota, LLC (Shannon Wiger) Phone: 320-333-6563 Email: Shannon.wiger@lawmoss.com Mailing Address: 1598 Blackberry Circle, Sartell, MN 56377 Property Owner: College & Minnesota, LLC Phone: 320-333-6563 Email: Shannon.wiger@lawmoss.com Mailing Address: 1598 Blackberry Circle, Sartell, MN 56377 PROJECT INFORMATION: Business Name: College & Minnesota, LLC Project Address: 25 1st Ave. NW, St. Joseph, MN 56374 1.On the attached page, please identify the specific improvements you are proposing for the building(s) and/or property. 2.Based on the proposed improvements identified, please provide your best estimate of the entire project cost: $30,000 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? Yes. 4.If your project is approved, does completing the project timely pose any concerns for you? No. 131515 PROJECT DESCRIPTION Please provide an accurate and thorough summary of your project. The photographs taken of your building(s) and property will assist in a visual manner to further support your written project description. Currently, two overhead doors exist on the north half of the former Fire Hall building. The doors are dented, and in dire need of a refresh. Rather than simply painting the doors, the plan is to replace with two glass garage doors. Additionally, the existing service door will be replaced with a complementary door and extended to eight feet in height. The new garage doors will be clear, tempered glass with black framing. This upgrade will completely transform the façade, and allow excellent views into the interior which will undergo a substantial renovation. 141616 Based on the description of your project and your motivation for wanting to make these improvements, please place a check mark next to those project preference item you feel your project meets. X Will positively contribute to the City’s revitalization/renewal efforts. X Will eliminate a blighting influence. X Will result in a visible improvement that would not be made otherwise. X Result in a ratio of private investment to public investment greater than 2:1. Building Permits & Inspections Applicant is responsible for obtaining appropriate building permits, per the Building Code and/or City of St. Joseph Zoning Ordinance. In the case of improvements that do not require a city-issued building permit, the applicant must submit the name and state license number of the contractor completing the work and agree to an inspection of the work by a city building official. Grant Disbursement Awarded loan funds will be dispersed to the applicant upon submittal of receipts or invoices for supplies purchased and inspection which certifies the work completed is in accordance with the EDA approval and other city ordinances. Certification City staff or an authorized representative shall have the right to inspect the property to be improved at any time from the date of application upon giving due notice to the owner and to occupants. I/We understand that any intentional misstatements will be grounds for disqualification. I/We authorize program representatives the right to access the property to be improved for the purpose of the grant program and to take photographs of the structure before and after rehabilitation. I/We further understand that I/we will make the final selection of the improvements to be made with the loan funds and that the contract for improvements will be solely between myself and the contractor(s). The administering agency will not be liable for the inadequate performance of the contractor(s). The information on this application is accurate. I have read, understand, and agree to comply with the program criteria for the St. Joseph Business Façade Architectural Design Grant Program. Signature of Applicant Date Signature of Owner(s) (if different than Applicant) Date 151717 Response from applicant Shannon Wiger on how this project and grant will go above and beyond the grant guidelines and minimal standards: “Given the massive material cost increases over the past 18 months, it is next to impossible to continue to invest in the “wow-factor” finishes that achieve the level of design that is desired by both myself and the community. For this project, the options are to simply remove and paint the garage doors and existing entry door, or to completely transform the space by adding in glass garage doors and a new, larger and historically appropriate entrance to match the new entrance door being installed in the future Weathered Revivals space. These are the finish levels that attract more sophisticated and established tenants, contribute to the historic character of the community and increase property values and tax revenue. “ 161818 RESOLUTION EDA 2022-001 RESOLUTION APPROVING FAÇADE ARCHITECTURAL GRANT FOR PARCEL 84.53925.0501 TO COLLEGE & MINNESOTA, LLC (APPLICANT) WHEREAS, College and Minnesota, LLC referred to as “applicant” has properly applied for a Façade Architectural Grant for property identified as Parcel Id 84.53925.0501 “subject property”, and; WHEREAS, the submitted application meets all the eligibility and program requirements, and; WHEREAS, the St. Joseph Economic Development Authority reviewed and recommended approval of the grant for the subject property on March 15th, 2022, and; WHEREAS, the project must be completed by March 21st, 2022 (one year by date of approval) unless an extension is applied for and granted by the City Council, and; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF ST. JOSEPH, MINNESOTA: that the City will disperse funds in the amount of two thousand dollars ($2,000) upon receipt of project completion, final invoice and final inspection to the applicant; and Whereupon said resolution was declared duly passed and adopted by the St. Joseph City Council this 21st day of March 2022. CITY OF ST. JOSEPH By Rick Schultz, Mayor ATTEST Therese Haffner, City Administrator 171919 ST. JOSEPH BUSINESS DISTRICT FAÇADE ARCHITECTURAL DESIGN GRANT PROGRAM (As Amended January 1st, 2022) PURPOSE The St. Joseph Business District Façade Architectural Design Grant Program provides incentives to stimulate visible investment in St. Joseph businesses. Property owners are encouraged to consider improvements that incorporate the surrounding community including but not limited to aesthetics, environment, cultural and historic elements, and architecture. These improvements should create a cohesive, inviting environment. The program provides a matching grant for actual design and construction costs, up to $2,000 per property address, per calendar year. Qualifying projects must be of an approved design, be applied for by commercial property owners and/or merchants, and be applicable to exterior building, landscape improvements, and other similar improvements visible from a public right-of-way. Approved projects will be funded on a first-come/first-served basis until all funds are expended. In addition, the opportunity exists that the St. Joseph Economic Development Authority’s revolving loan program could be available to assist with construction costs associated with the implementation of façade designs. ELIGIBILITY 1.All work must be done on the exterior of the building/property and/or result in a publicly visible improvement. 2.All work done must be in accordance with the City of St. Joseph Code of Ordinances, the Downtown Revitalization Plan and subsequent design guidelines, and the building code. All required permits must be obtained. Work shall include the correction of any known exterior building code violations. 3.Work in progress or performed prior to project approval will typically not be eligible for funding unless the EDA finds significant underlying purposes for work beginning prior to project approval. 4.Funds may be used for the design of exterior building improvements, awnings, windows, doors and/or site landscaping, other than sod or seed, resulting in a publicly visible improvement and for actual construction costs related to an approved improvement. Other uses may also be eligible if prior approval is granted by the St. Joseph Economic Development Authority. 5.Signs are eligible for this program but must be in connection with a façade improvement project. Sign are not eligible as a “stand-alone” project. 6.The following types of property are not eligible: •Tax delinquent •Special Assessment delinquent •Property in litigation •Property in condemnation or receivership •Tax exempt properties •Exclusively residential buildings •Properties zoned industrial •New construction projects on lots previously undeveloped (redevelopment and/or rehabilitation projects remain eligible) unless it results in a project beyond typical construction and is consistent 182020 with Design Standards and is found to have a significant impact on the character of the downtown. • Property considered non-conforming to the City’s Code of Ordinances, unless the proposed improvements are intended to correct all the non-conforming issues. PROJECT APPROVAL GUIDELINES Program oversight and authority for grant approval is delegated to the City of St. Joseph Economic Development Authority. The Economic Development Authority will review and approve all grants based on the following guidelines: 1. A project for which an application has been received will only be reviewed if it is filled out completely. Photographs illustrating subject building(s) and property and proposed site changes/improvements may be required by the EDA. 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. 7. Grant Disbursement Awarded loan funds will be dispersed to the applicant upon submittal of receipts or invoices for supplies purchased and inspection which certifies the work completed is in accordance with the EDA approval and other city ordinances. PROPERTY OWNER REQUIREMENTS Upon the application submittal for a project, the Applicant will play an important role in a partnership that includes the City of St. Joseph and the Economic Development Authority. The following may be required to review plans depending on the scope of the project: City staff, the Planning Commission, the EDA and the City Council. Those required to review the plans and/or grant application will review design drawings, proposed work specifications, and the architectural materials. Below are items that will be required of as part of completing your project. 1. Attendance at an informational meeting which will outline the entire project procedure. 2. Property owners’ attendance at various meetings, reviews etc. with representatives of either the City or EDA to expedite various stages of the project. 3. All work to be done on the project shall be the sole responsibility of the property owner. The City of St. Joseph/EDA administers the grant program herein and the City/EDA is not responsible for any work undertaken as a result of the grant. The owner hereby holds the City and EDA harmless for any and all liability commencing out of any work constructed and paid for the design grant herein. 192121 APPLICATION FOR ST. JOSEPH BUSINESS DISTRICT FAÇADE ARCHITECTURAL DESIGN GRANT PROGRAM ** Please remember to include photos of your building(s) and/or property as they relate to the types of improvements indicated on this application. ** APPLICANT AND PROPERTY OWNER INFORMATION: Applicant Phone: Email: Mailing Address: Property Owner: Phone: Email: Mailing Address: PROJECT INFORMATION: Business Name: Business Address: 1.On the attached page, please identify the specific improvements you are proposing for the building(s) and/or property. 2. Based on the proposed improvements identified, please provide your best estimate of the entireproject cost: $ 3.If the project cost comes in at, or exceeds your estimate, do you have private funds readily availableto complete the proposed the project? Yes No If No, by what means will you secure funding and still complete the project within a timely manner 4. If your project is approved, does completing the project timely pose any concerns for you? 202222 Yes No If yes, Please list those concerns: PROJECT DESCRIPTION Please provide an accurate and thorough summary of your project. The photographs taken of your building(s) and property will assist in a visual manner to further support your written project description. Based on the description of your project and your motivation for wanting to make these improvements, please place a check mark next to those project preference item you feel your project meets. Will positively contribute to the City’s revitalization/renewal efforts. Will eliminate a blighting influence. Will result in a visible improvement that would not be made otherwise. Result in a ratio of private investment to public investment greater than 2:1. Building Permits & Inspections Applicant is responsible for obtaining appropriate building permits, per the Building Code and/or City of St. Joseph Zoning Ordinance. In the case of improvements that do not require a city-issued building permit, the applicant must submit the name and state license number of the contractor completing the work and agree to an inspection of the work by a city building official. 212323 Grant Disbursement Awarded loan funds will be dispersed to the applicant upon submittal of receipts or invoices for supplies purchased and inspection which certifies the work completed is in accordance with the EDA approval and other city ordinances. Certification City staff or an authorized representative shall have the right to inspect the property to be improved at any time from the date of application upon giving due notice to the owner and to occupants. I/We understand that any intentional misstatements will be grounds for disqualification. I/We authorize program representatives the right to access the property to be improved for the purpose of the grant program and to take photographs of the structure before and after rehabilitation. I/We further understand that I/we will make the final selection of the improvements to be made with the loan funds and that the contract for improvements will be solely between myself and the contractor(s). The administering agency will not be liable for the inadequate performance of the contractor(s). The information on this application is accurate. I have read, understand, and agree to comply with the program criteria for the St. Joseph Business Façade Architectural Design Grant Program. Signature of Applicant Date Date Signature of Owner(s) (if different than Applicant) Contact: Nate Keller, Community Development Director (320) 557-3524nkeller@cityofstjoseph.com Submit completed application by email to nkeller@cityofstjoseph.com or to: St. Joseph Government Center 75 Callaway St. E St. Joseph, MN 56374 222424 Project Description: This Spring, we will be installing a new concrete front porch that will wrap around the front of the existing structure. This ramp will not only provide a substantial visual improvement, but will also make this property ADA accessible. Additionally, the porch will create an opportunity for future commercial tenants to have an indoor/outdoor retail space. Photo #1 is the existing structure, and photo #2 is an example of visual design elements of the new porch (posts, covered awning, etc.). The drawings depict the ramping that will cover the front of the addition, leading to the porch and meeting ADA compliance. We are contemplating expanding the current project to now include a second, additional entrance to the property from the future front porch to accommodate a 2nd tenant (and potentially a 3rd tenant down the road). Additionally, with the approval of this grant, we will be upgrading the window package to incorporate additional windows to enhance the front façade to achieve a balanced finish. These improvements will take this project to a higher finish level, accommodate TWO new businesses to the St. Joe community and be finished in a way that will continue to provide a significant visual improvement and economic impact to the community. These are the finish levels and additions that will continue to attract exceptional businesses to the St. Joe community. Photo #1: Existing Structure 232525 Photo # 2: Example of awning and post design, along with window package and entrance. Note, the expanded proposal will include a 2nd entrance to accommodate additional tenants. Photo # 3: Drawings depicting the addition of a second entrance. 242626 RESOLUTION EDA 2022-002 RESOLUTION APPROVING FAÇADE ARCHITECTURAL GRANT FOR 109 ASH ST W TO COLLEGE & MINNESOTA, LLC (APPLICANT) WHEREAS, College and Minnesota, LLC referred to as “applicant” has properly applied for a Façade Architectural Grant for property identified as 109 Ash St W (Parcel Id 84.53894.0000) “subject property”, and; WHEREAS, the submitted application meets all the eligibility and program requirements, and; WHEREAS, the St. Joseph Economic Development Authority reviewed and recommended approval of the grant for the subject property on March 15th, 2022, and; WHEREAS, the project must be completed by March 21st, 2022 (one year by date of approval) unless an extension is applied for and granted by the City Council, and; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF ST. JOSEPH, MINNESOTA: that the City will disperse funds in the amount of two thousand dollars ($2,000) upon receipt of project completion, final invoice and final inspection to the applicant; and Whereupon said resolution was declared duly passed and adopted by the St. Joseph City Council this 21st day of March 2022. CITY OF ST. JOSEPH By Rick Schultz, Mayor ATTEST Therese Haffner, City Administrator 252727