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HomeMy WebLinkAbout8A - Enabling Resolution for the EDA MEETING DATE: AGENDA #: PREPARED BY: PRESENTED BY: AGENDA ITEM: DISCUSSION: R .\Collncil\.201 0 4646 Dakota Street SE Prior Lake. MN 55372 CITY COUNCIL AGENDA REPORT September 20, 2010 ()<,~ ~:ank Boyles, City Managr:!x..Y Frank Boyles Public Hearing to Consider Amendment of Resolution 00-119, the Enabling Resolution for the Economic Development Authority (EDA) Introduction The purpose of this agenda item is to assist the Council in conducting a public hearing to receive input with respect to changing the format and composition of the City's Economic Development Authority (EDA). Historv The City Council previously took action to review the 2030 Vision and Strategic Plan to update goals and objectives. The Council clearly concurred that economic development is a high priority and adopted twelve additional objectives for completion. In a separate work session, the City Council discussed the most effective format and composition for the EDA. In order to revise the EDA format and composition, the City Council must revise the enabling resolution of the EDA following a public hearing. The public hearing must be announced in the newspaper for two consecutive weeks and no more than 30 days in advance of the public hearing. A copy of the public notice placed twice in the Prior Lake American is attached for your information. Current Circumstances Minnesota Statutes 469.094 provides that: "All modifications to the enabling resolution must be by written resolution and must be adopted after notice is given and a public hearing conducted as required for the original adoption of the enabling resolution." The EDA is a public corporation responsible to the Prior Lake City Council. It is created and altered by the City Council and the City Council approves or denies its budget and other financial actions of the body. Presently the City Council serves as the EDA. That means that, in addition to the myriad of issues the City Council addresses, as EDA members the Council must also become familiar with economic development issues. From work session discussions it appears that the City Council believes that: 1. Acting both as City Council and EDA dilutes the Council's ability to focus on high priority economic development issues; Reports\09 Resoiutlon,doc 2. There are persons in the community who have extensive economic development and business knowledge; 3. Appointing highly knowledgeable individuals to the EDA can improve the effectiveness of the body since its members will have the time, expertise and interest to foster effective economic development. Under State Statute, the EDA can be three, five or seven members. Three Members At least one member must be from the City Council, but two or all three could be council members. Five Members At least two members must be members of the City Council, but the entire body could be council members as we do now. Three, four or five members can be council members as well. Seven Members At least two must be members of the City Council, but up to five could be. ISSUES: This City Council has discussed the size and composition of the EDA. There are various criteria to consider in determining the most effective size and composition. Focus It seems logical to assume that some members of the EDA should be non-Council members who can spend all of their energies focused on economic development rather than all of the issues a council member must focus on. EXDertise Council members mayor may not have expertise in economic development. Since it is not typically an important criterion to becoming elected, it is not surprising if council members do not have the expertise. Non-council members may be selected based upon economic development expertise. Balance There is a delicate balance which should be achieved between the autonomy and accountability of the EDA to the City Council. If only council members constitute the EDA, there is no dynamic tension from which new, aggressive economic development plans can emerge. If three members of a five-member Council serve, the EDA could become a "rubber stamp" to the Council. On the other hand, if a minority of council members serve, the EDA can author ideas different than those which thE! Council may espouse and a measure of accountability is still retained through the two council members. R\Council\2010 I\gonda Reports\09 10\EDi\ Rescilltiondoc 2 Cost Since EDA members do receive per diems, the size of the EDA should be kept to the minimum size necessary to get the job done. Overall A five-member body composed of two council members and three persons possessing skill, knowledge, expertise and passion for economic development would comprise the new EDA. The attached Enabling Resolution outlines the new EDA composition. There are some questions the City Council should address. For example, community member EDA members are subject to a three-term, six-year term limit. This is three years less than the term limits for other advisory bodies. Is this appropriate? Council members remain EDA members as long as they remain council members and are appointed to the EDA. Is this appropriate, or should some term limit apply? Once a council member has completed his/her term of office, the council member can serve on the EDA as a council member and then be appointed as a community member representative. Does the term limit for community member apply at that point? There may be other questions the Council has as well regarding the Enabling Resolution. Once the City Council adopts the Enabling Resolution, staff will work with the Bylaws and Compensation Committee to modify the EDA bylaws for future Council consideration. Conclusion The City Council should conduct the public hearing and based upon input received; determine the form and composition of the EDA for inclusion in the revised enabling resolution. FINANCIAL IMPACT: The City's EDA has been inactive for the most part for a number of years. By re-constituting the EDA and giving it specific objectives to achieve, the City Council can expect that per diem, staff, legal and professional service costs will increase. Resources have been included in the 2011 budget based upon this assumption. The objective, though, will be to offset these costs by the addition of businesses to the community providing new tax base and employment. AL TERNATIVES: 1. Adopt the attached Enabling Resolution as proposed or with amendments which will reconstitute thE~ Prior Lake EDA. 2. Take no action and direct that the staff provide additional information on this topic. RECOMMENDED Alternative #1. MOTION: R\Council\2010 Agenda Reports\09 20 Enabling Resolut!ofl.doc 3 4646 Dakota Street SE Prior Lake. MN 55372 NOTICE OF PUBLIC HEARING Notice is hereby given that the Prior Lake City Council will be conducting a public hearing on Monday, September 20, 2010, commencing at 8 p.m. or as soon as possible thereafter in the City Council Chambers of the Prior Lake City Hall at 4646 Dakota Street. The purpose of the public hearing is to solicit resident input regarding a proposal to amend the enabling resolution of the Prior Lake Economic Development Authority #00-119. As presently constituted, the Prior Lake Economic Development Authority is composed of five members all of whom are current Prior Lake City Council members. The proposal is to revise the composition of the Prior Lake Economic Development Authority to include five persons, two of whom are City Council members and three of whom are residents or business persons in Prior Lake who are at least eighteen (18) years old. Minnesota Statutes Section 469.094 provides: All modifications to the enabling resolution must be by written resolution and must be adopted after notice is given and a public hearing conducted as required for the original adoption of the enabling resolution. Questions regarding the public hearing should be directed to Charlotte Green at 952.447.9803. Published in the Prior Lake American on September 11 and 18,2010. Phone 952.447.9800 ! Fax 952.447.4245! \\\\\\.cityofpriorlake.com 4646 Dakota Street SE Prior Lake. MN 55372 R€S0!...IJTI0N 8947- RESOLUTION 1 Q-XXX A RESOLUTION AMENDING RESOLUTION 00-119. RESOLUTION 96-99 AND RESOLUTION 89-17 WHICH ESTABLISHED ESTAB!...IS!1lNG THE PRIOR LAKE ECONOMIC DEVELOPMENT AUTHORITY PURSUANT TO THE PROVISIONS OF MINNESOTA STATUTES, CHAPTER 469 WHEREAS, WHEREAS, WHEREAS. WHEREAS. WHEREAS, WHEREAS, WHEREAS, WHEREAS. Motion By: Second By: The Minnesota State Legislature has enacted Minnesota Statues, Sections 469.090 to 469.108 authorizing any statutory or home rule charter city to establish an economic development authority having the powers contained in the ,Eenabling 6act and a housing and redevelopment authority established under Minnesota Statutes, Sections 469.001 to 469.047 or other law, and a city under Minnesota Statutes, Sections 469.124 to 469.134 or other law, and the CityGity Council of Prior Lake wishes to establish~:Q such an economic development authority ("Authoritv") by adootion of Enablina Resolution 89-17: and thereafter amended the Enablina Resolution bv adootion of Resolution 96-99 and Resolution 00-119. and the Citv Council desires to further amend the EnablinG Resolution to orovide for a chanae in the comoosition of the aovernina bodv of the Authority: and this enablina resolution is also intended to :md to define the relationship between it and the Council and Mayor by adoption of this resolution, and it is intended that this resolution be amended from time to time as may be required to further define or redefine the respective roles of the economic development authority and the Council and Mayor regarding development and redevelopment within the city, and it is intended that by this resolution and actions taken hereunder, the Council and Mayor of the city shall establish broad policies for public assisted development within the city and that the implementation of such policies will be the responsibility of the economic development authority, and it is the desire of the Council and Mayor that adoption of this resolution and the creation of an economic development authority will result in a conscientious and coordinated effort to encourage and precipitate future development within the city so as to increase tax base, promote employment and enhance the health, safety and welfare of city residents: and7 The Citv comolied with the statutorv reauirements set out in the Enablina Act reaardinq the reauirements to conduct a oublic hearina on the orooosed amendments to the Enablina Resolution and: (1) leaal notice of the time and date of the oublic hearina was duly oublished and mailed in accordance with State Statute and City: and (2) the City R\Collncil\2010 Agonda Reports\09 20 Resolllt!on 1989.doc Council conducted a oublic hearina on Seotember 20. 2011 for those interested in this amendment to the Enablina Resolution to exoress thHir views. NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA as follows: I 1. The recitals set forth above are incoroorated herein. 2. Establishment. There is hereby created in the city an economic development authority which, subject to the provisions of this Enabling Resolution, shall have all of the powers, duties and responsibilities of any economic development authority created pursuant to the Act, or other law, a housing and redevelopment authority created pursuant to the Housing Act, or other law and which shall constitute an "Agency" pursuant to the Development Act. It shall be the role and responsibility of such economic development authority to carry out economic, housing and industrial development and redevelopment within the city in accordance with such general policies as may from time to time be established by the Council and Mayor. 3. Definitions. A. "Authority" means the Prior Lake Economic Development Authority. B. "City" means the City of Prior Lake, Minnesota. C. "Council" means the duly elected governing body of the city. D. "Enablina Act" means Minnesota Statutes. Sections 469.090 to 469.108. authorizina the Citv of Prior Lake to create an economic develooment authoritv. E. "Enabling Resolution" means this resolution of the Council establishing the Prior Lake Economic Development Authority pursuant to the Enabling Act. F. "The Development Act" means the City Development Districts, Minnesota Statutes, Sections 469.124 to 469.134. G. "Federal Limitation Act" means certain acts of Congress which limit the aggregate amount of obligations of a specified type which may be issued within the city, as further defined in Section 474.16, Subdivision 5 of the Industrial Bond Act and as may from time to time be defined in other state laws. H. "The Housing Act" means Municipal Housing and Redevelopment Authorities, Minnesota Statutes, Sections 469.001 to 469.047. I. "The Housing Bond Act" means the Municipal Housing Program Act, Minnesota Statutes, Chapter 462C. J. "Industrial Bond Act" means the Municipal Industrial Development Act, Minnesota Statutes, Sections 469.152 to 469.165. K. "Project Area Plan" means an outline for the development or redevelopment of a geographic area of Authority concentration which contains a statement of objectives for improvement of the area as well as a description of public facilities to be constructed, and estimated schedule of the open space to be created, the environmental controls to be applied, the property to be publicly acquired and the condition under which the Authority shall exercise the right of eminent domain, if any, the proposed reuse of private property and the general standards of development. Said plan shall be sufficiently complete to constitute a "development program" pursuant to Section 469.125, Subdivision 3 of the Development Act and a "redevelopment plan" pursuant to Section 469.002, Subdivision 16 of the Housing Act. L. "Project Budget" means a financial budget containing the sources and uses of public funds to be expended in carrying out the public costs associated with a Project Plan or Project Area Plan. In the event any or all such public costs are to be paid with tax increment, the Project Budget shall constitute a "tax increment financing plan" as described in Section 469.175 of the Tax Increment Act. M. "Project Plan" means a description of the development or redevelopment of property, including an estimated schedule, the property to be publicly acquired and the condition under which the R\Council\2010 Agenda Reports\09 20 Resollltion 19B9.doc 2 Authority will exercise its right of eminent domain, if any, description of the public facilities to be constructed, and the proposed reuse of private property. N. "Tax Increment Act" means Tax Increment Financing, Minnesota Statutes, Sections 469.174 to 469.179. 4. Legal Status. The Authority shall be a public body politic and corporate and a political subdivision of the State of Minnesota. It shall not be considered a department of the city nor shall the city be liable for its obligations, unless assumed by the city in writing. Its relationship to the Council and Mayor shall be governed by the Enabling Act, this Enabling Resolution and the various statutes under which it operates, including the Enabling Act, the Housing Act, the Development Act, the Industrial Bond Act, the Housing Bond Act and the Tax Increment Act; provided, that in the event there is a conflict between the terms of this Enabling Resolution and any such statute, the Enabling Resolution shall control and in the event there is a conflict between the Enabling Act and any such statutes, the Enabling Act shall control; provided further, that a statute granting authority shall not be deemed to be in conflict with a statute that grants less or no such authority. 5. Name. The economic development authority created by the Enabling Act and this Enabling Resolution shall be known legally as the Prior Lake Economic Development Authority. 6. Governing Body. The qoverninq bodv ("board")powers of the Authority shall be vested in a five (5) member board.veste::! in th&-WmmiGsi9fK){"::; thereof in -effi63 3t 3ny-t+me, a majority of whom shall constitute a quorum for all purposes. A. The qovernina board of the Ms~!;nrchip 9f...tAe Authority shall be made UP of Goncd of five (5) members. TWOseveR (2) of the members shall be appointed from the Citv Council and the remaininq three (3) members shall be appointed from amonq residents who either live in the Citv or who own businesses within the Citv- ("communitv members").E,€xnmiGsk:lners wi~h 311 fiv-e-GHy Getffi::;il m9fOOfXG cerving in 3ddition to one M3yor Gpp::Jinted PIGnnin~::Jmmiccion m9fOOer ::ma. one M3Y3r :pt)ointed Economic De'.'obpm9Ht--G3mmittee mernBefo B. The Mayor shall appoint the Authority commissioners with the approval of the City Council. C. Commissioners shall serve two (2) year terms.The terms of the commissione~D ::;h311 ba Commissioners mav be re-appointed to serve a maximum of three (3) consecutive terms. consistent with their City Coun::;il, MaYef;-or u~pointed position&.- D. Members of the City Council who leave the Councille3ving offiG€--3r G p::Jsition on the EDG-ef Pk::nning--GemmiG~9R--shall forfeit their seat on the EDA. Newly elected or appointedCity Council members shall replace outgoing City Council members. Nothina shall prohibit an outaoina City Council member from beinq appointed as a community members of the Authority. ,aflti-Qeutgoing Citv Council EGG-Dr PIGm~ir.~or.1r.1i:::;:::;i9R members shall be replaced by an appointment by the Mayor with approval and consent of the City Council. E. The Authoritv shall establish bylaws. with the approval of the Cityt=P? Council. to aovern the operation of the Authoritv.--:- The bvlaws shall contain recommended criteria for the selection and appointment of community members to the Authoritv. F. The conduct and actions of an Authority commissioners shall be aoverned bv a Code of Conduct and Ethics set out in the Authoritv's bylaws. Tl-. Officers of the Authority./\uthority Officers. The commissioners of the Authority sAaJ.l.-shall elect officers as provided in Section- 469.096 of the Enabling Act. 8. Authority Staff. A. The commissioners of the Authoritv shall be empowered to hire such employees, agents and consultants as deemed proper and as further provided in the Enabling Act. Such employees, agents and consultants shall assist the commission in performing the following powers and duties: 1. To see that all resolutions, rules, regulations, or orders of the Authority are enforced. 2. To appoint and remove upon the basis of merit and fitness, all subordinate officers and regular employees of the Authority. 3. To present to the Authority plans, studies and reports prepared for Authority purposes and recommend to the commissioners for adoption such measures as deemed R\Council'2010 Agenda Reports\09 20 10\ED/\ Enabling Resolution 1989 doc 3 necessary to enforce or carry out the powers and duties of the Authority or the efficient administration of the affairs of the Authority. 4. To recommend to the commissioners for adoption such rules and regulations as deemed necessary for the efficient operation of the Authority's functions. 5. To perform such other duties as may be prescribed by the commissioners. 6. The Citv Attornev shall serve as leaal counsel to the Authoritv. 9. Reports. A. At least once annually durina the month of Marchby M3rch-4-, the Authority shall appear at a regularly scheduled Council meeting and report to the members of the City Council and public regarding the operational statutes of the Authority. Such report shall comply with Section 469.100, Subdivision 4 of the Enabling Act and shall include a description of current and proposed projects as well as general development goals for the city. B. The Authority shall be responsible for all filings and reports required by the various statutes under which it operates. Copies of all such reports shall be provided to the Council and Mayor and shall be available to members of the public unless classified as orivate or non-oublic under the Minnesota Data Practices Act or classified as orivate or non-oublic bv a state of federal statute classifvina the data as orivate or non-oublic.etA€fwise-ft8rmitted or required by 13w. 10. Account, Budget and Fiscal Year. A. The accounting, maintenance of books and records, establishment and maintenance of funds and accounts, investment of cash surpluses, disbursement of monies and other necessary financial matters of the Authority shall be the responsibility of the Authol'itvG3r.1r.1i0Gi9R Treasurer. The Authority accounting, investment, fund maintenance and disbursement shall be consistent with city procedures. B. On or before Julv 30th~Dmb9f--t-of each year the Authority shall submit its annual budget to the City Glefk in a form prescribed by the GityCitv.-Qe/:k. Such budget shall include a detailed written estimate of the amount of money that the Authority expects to need from the City for Authority business during the next fiscal year and shall otherwise comply with Section 469.100, Subdivision 1 of the Enabling Act. The Citv Council may impose such conditions as it deems aoorooriate and Drudent upon the issuance of obligations by the City for the purpose of funding the said Authority], budget 3::> it me}' determine. The City Manaaer. in consultation with the Citv Finance DirectorGlefk shall review and consider includina~ the proposed 6authority budget as a part of the City budgetary process. The AuthoritVt;Dmm:ssioo shall appear before the Citv Council as requested to explain and discuss the content of the proposed Authority budget. Upon approval of such budget, the Authority shall not exceed total budgeted expenditures without approval of corresponding budget amendments by the Citv Council; provided, however, that this provision shall not preclude the Authority from unilaterally making line-item changes as it deems appropriate. C. The fiscal year of the Authority shall be the same as that of the City of Prior Lake. 11. Powers" A. The Authority may exercise all of the powers contained in the Enabling Act and the Enablinq Resolution. B. The Authority may exercise all of the powers contained in the Housing Act. C. The Authority may exercise all of the powers of an Agency contained in the Development Act. D. The Authority may exercise all of the powers of a redevelopment agency contained in the Industrial Bond Act. E. The Authority may exercise all of the powers of a city contained in the Housing Finance Act, provided it has been authorized to do so by ordinance of the CikCouncil pursuant to Section 462C.02, Subdivision 6 of the Housing Financing Act. F. The Authority may exercise all of the powers of an authority contained in the Tax I ncrement Act. R\Counci!\2010 Agenda Reports\09 20 Enab!mg Resolution 1989.doc 4 G. The Authority may exercise such powers as may be contained in other laws applicable to economic development authorities or housing and redevelopment authorities not specifically described herein. 12. Limit of Powers. A. The sale of all bonds issued by the Authority must be approved by the City Council before issuance. B. The ability of the Authority to participate as a limited partner in a development project must have prior approval of the City Council. C. All official actions of the Authority must be consistent with the adopted comprehensive plan of the City, and any official controls implementing the comprehensive plan. D. The Authority must submit its bvlaws. administrative structure and management practices to the City Council for approval. PASSED AND ADOPTED THIS 20th JOOR DAY OF SEPTEMBERmeE, 2010. YES NO I Myser I Erickson I Hedberg I Keeney I Millar Myser Erickson Hedberg Keeney Millar Frank Boyles, City Manager R\Collncil\2010 Agenda Reports\09 20 Enabling Resolut:on1989.doc 5