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HomeMy WebLinkAbout04 15 2013 EDA 8A Economic Development Requires Investment O PR/0� v 4646 Dakota Street SE Prior Take_ MN 55372 NNESO� NE5 ECONOMIC DEVELOPMENT AUTHORITY AGENDA REPORT MEETING DATE: April 15, 2013 AGENDA #: 8A PREPARED BY: Frank Boyles, Executive Director Dan Rogness, Community & Economic Development Director AGENDA ITEM: ECONOMIC DEVELOPMENT REQUIRES CITY INVESTMENT Introduction The purpose of this agenda item is to have the EDA consider the question of how much investment the city can and should make to facilitate economic development. To provide some background in- formation in this regard, we offer two items. First, we would like the EDA to view a brief PowerPoint that staff has assembled about economic development successes in Prior Lake and the city invest- ments which made them possible. Second, we would like to review with the EDA a recent staff dis- cussion about data centers with Jeffrey Dahl, Assistant City Administrator for the City of Chaska. History In the early 1990's the city's Economic Development Committee worked to convert 35 acres of farm land to business park. The city secured the property, installed sewer, water and streets, marketed the property, and offered Pay -as- You -Go Tax Increment Financing as an incentive. As a result, six office - warehouse buildings were constructed where there had been none before, bringing valuation and jobs to the city and jump starting a 60 -acre privately owned business /industrial park. After being one of the first of its kind in Minnesota, the Priordale Mall reached its zenith and then de- clined for years losing most of its tenants, including the grocery store, Hallmark Store and video rent- al. The success of the mall and the sourrounding area was believed to be partly dependent upon the construction of a new ring road which would provide access to this area . Thanks to private develop- ers, people like Dave Chromy and the new owners of the mall spearheaded Village Market and Vil- lage Liquors. Park Nicollet Medical also became reality in that area. In preparation for for these new developments, the city purchased the Kortsch property on Franklin Trail and Park Nicollet Drive as well as right -of -way from Neil Boderman, the former owner of the mall, and some right -of -way from Mrs. Lorraine Borka (now Prior Lake Transmission). The city's major investment in this right -of -way paved the way for the new ring road to be built. As a result of or in conjunction with these area im- provements, Keystone Communities, Village Commerce (New Market Bank), Ace Hardware, the post office, Prior Lake Transmission, and the Montessori also developed. At about the same time, the Prior Lake downtown was dying or at least comatose. Almost all of the buildings were in the later stages of their lives, and many suffered from deferred maintenance. Some of the buildings were vacant or occupied by businesses who themselves were marginal. The city de- veloped a downtown development plan which identified the types of businesses desired. Herb Wensmann, who was very active in the community, with the help of the city assembled and razed residential properties at the corner of Main and Dakota and built the mixed use Lakefront Plaza. At about the same time, the city initiated a streetscaping program to expand parking, improve the look of the downtown, and make it more pedestrian friendly. The city purchased the small garage next to Monnens and renovated it for business lease. It also purchased Minnesota Nails and Joe's Pizza, and after some years, demolished the buildings. It prepared a RFP to sell a city -owned parcel next to Main and CR 21 by the city parking lot and ultimately sold the parcel with the requirement that the Rock Creek Building be constructed as it exists today. The city then offered an incentive to business- es to improve the look of their buildings. Twelve building fronts, including some new buildings, took advantage of the $25,000 matching grant program. Finally we want to share with the EDA the investments which we see other communities making to secure the construction of Data Centers since the Prior Lake EDA has this as one of its objectives.. Current Circumstances Staff has prepared a Power Point to illustrate how city investments resulted in the three improve- ments enumerated above which we enjoy today. To gather Data Center information, city staff met with the Assistant City Administrator for the City of Chaska, Jeffrey Dahl, on April 5th to discuss Chaska's recent success attracting data centers and the city's other economic development activities. Mr. Dahl commented that much of the Chaska's suc- cess in attracting data centers is due to the city's commitment to provide financial incentives, and he emphasized their existing fiber network. Most important, Chaska is also able to offer a reduced elec- trical rate to large users due to the city owning its own electric utility. Mr. Dahl added that the majori- ty of data centers being constructed in the metro area are occurring in communities that operate their own electric utility. Mr. Dahl provided Prior Lake staff with Chaska's data center marketing /incentive information and recent reports for review, including the attached: i) Chaska City Council agenda item No. 9, April 1, 2013; ii) City of Chaska data center marketing information; iii) DEED - Innovative Business Develop- ment program overview; and iv) Minnesota Department of Revenue — data center sales tax exemp- tion information. Data centers have specific criteria for the physical location of their facility. Attachment number six to this report provides an example of the type of site specific questions communities provide in re- sponse to site information requests. This attachment was sent to GREATER MSP in response to a data center site information requiest in February of 2012. This response, along with exhibits and maps detailing: aerial photos, transportation network, fiber network, storm water, water and sanitary sewer locations, topography, soil information, flood zone maps, and electric service provider letters were provided as part of an initial site information response. Prior Lake may not be able to provide the public financing incentives necessary to attract a data cen- ter here, especially electric rate concessions. It may be worthwhile, however, to explore that further with electric providers for Prior Lake. Conclusion Economic development does not happen except with public investment at some level. Infrastructure is essental to any project so it is often a common denominator for economic development. In each of the above examples above, infrastructure was a key to making the economic development a reality. In some cases the city may purchase the property and clear it or request proposals for its develop- ment. In other cases financial incentives like tax increment and tax abatement will be necessary. ISSUES: Economic development, like anything else we pursue, requires resources. Indeed the city of Prior Lake upgraded its economic development resource package when the city council modified the EDA to include business persons. The same is true when the EDA enabling resolution and bylaws were revised to include greater powers. When the council approved the new tax levy, it upgraded the city's economic development arsenal. Finally, the city added a staff position to the Economic and Commu- nity Development Department to give us additional resources to serve the needs of the EDA and EDAC. What appears obvious from the information submitted, is that the city will have to continue to wisely make investments in order promote and sustain economic development. Our competitors do so. So it is unreasonable for us to think that economice development can expect to occur in Prior Lake without investment. At a minimum, the city's role will be the construction of infrastructure like streets, sewer and water. In some cases we may have to control properties. In many cases, economic tools like SAC Deferrals ,Tax Abatement or Tax Increment Financing will be essential. Our taxpayers expect us to be prudent with the use of these resources. However, developers expect us to bear some of the costs associated with making the development possible. If we are not willing to use the few economic development resources we have available to us, or if we exude an attitude of reluctance, we will be sending a message to the development community which undermines our economic development objectives. From a staff perspective, if the EDA or City Council do not intend to use the few economic develop- ment tools we have available, then we are all wasting time and resources; simply stated, the city is not committed to economic development. The EDA may with to discuss these points prior to proceed- ing to Aganda Item 8B. FINANCIAL There are financial impacts associated with both the use and non use of available economic devel- IMPACT: opment tools. ALTERNATIVES: 1. Conclude that economic development reguires ongoing investment and proceed to agenda item 8B. 2. Conclude that we do not intend to use available economic development tools and discuss other strategies that benefit Prior Lake's economic future. RECOMMENDED As determined by the EDA. MOTION: ATTACHMENTS: 1. Star Tribune Article, April 2, 2013: Shakopee in the running for a large data center 2. Chaska City Council Agenda Item No. 9, April 1, 2013 3. City of Chaska Data Center Marketing Information 4. DEED - Innovative Business Development Program Overview 5. Minnesota Department of Revenue — Data Center Sales Tax Exemption Information 6. Prior Lake — Response to Data Center Site Information Request StarTribune - Print Page Page 1 of 2 StarTribune Shakopee in the running for a large data center Article by: Susan Feyder Star Tribune April 2, 2013 - 3:49 PM Shakopee's push to boost development is once again prompting the city to consider using financial incentives to lure a new business to the city. Last year the City Council unanimously approved economic Incentives to attract two large companies: Seattle -based Samar Corp. received $2 million In tax- Increment financing to build a 580,000-square-foot distribution center, and Faribault -based Trystar Inc. got a $1 million tax abatement for an office and manufacturing facility. Earlier this year the city approved a tax subsidy of almost $600,000 as part of a larger financial package Involving Scott County, the Burnsville School District and the state for Emerson Process Management Rosemount, which is considering putting a large factory on the abandoned ADC Telecommunications site. Now the target is Compass Datacenters, a Dallas-based company looking for a site for a $67 million data center. The company has focused its search on the southwestern metro area, and now has a shortlist of three possible locations, according to Ray Watson, a company consultant. He said Compass also Is considering a site in Iowa and is expected to make a decision in May. Shakopee city planners recently recommended a $400,000 financial package for Compass that would include a nine -year tax abatement and sewer - charge credits. Residents get to voice their opinions of the deal at a public hearing Tuesday. In an interview, Mayor Brad Tabke said he's had no feedback from people for or against the proposed financng package since it was announced a few weeks ago. `We need to be competitive and put the best possible package together,' Tabke said. To do that, the city considers how a development would meet job and wage targets as well as the impact on Shakopee's overall tax base, he said. 1 have no problem sacrificing a reasonable amount of current dollars for future gain. It's what you believe is reasonable that's the kicker — that's open to interpretation," Tabke said. Data centers typically don't have large numbers of employees. The Compass facility is expected to have a workforce or 40 to 65, according to City Administrator Mark McNeill. But the average salary would be $68,500. Data centers also can help draw other employers who use the facilities for data storage. Some very large companies have their own data centers, but other businesses use facilities like those developed by Compass that serve multiple end- users. Compass CEO Chris Crosby said he's not aware of research that specifies the number of spinoff jobs generated by data centers. But he said a large majority of companies consider the proximity of a data center when deciding where they want to put their information technology operations. Crosby said the company has the Twin Cities at the top of its list. °it is a very underserved market, considering the number of Fortune 500 companies and large private companies that are here, he said. A recent research report by the Twin Cities office of Colliers International points out several reasons the area could be attractive to data center developers. The cold climate Is a major advantage since it lowers the cost of keeping the facilities cool. The area has a stable electronic grid and lower risk of natural disasters, factors that came into sharp focus last year when data centers on the East Coast found themselves in the path of Hurricane Sandy. The Colliers report also points to the Twin Cities' large, tech - oriented workforce, a ready labor supply for a data center. Compass has built data centers in suburban Nashville, Raleigh, N.G., and Columbus, Ohio, for which It did not receive public financing. Crosby attributes the difference to the lower cost of doing business in those communities, including taxes. Shakopee isn't the only area community willing to use public financing to land a data center. Earlier this year Chaska approved a tax abatement for a data center to be operated by Dallas -based Stream Data Centers. In addition to financial help from Shakopee, the Compass center also would qualify for Minnesota's data center sales tax break, which covers projects that are at least 30,000 square feet and involve an investment of at least $50 million in the first two years. The Compass center would be a five- building complex with almost 110,000 square feet. The company looked at a few other sites in Shakopee before choosing an 11 -acre parcel in the Dean Lakes area. http:// www. startribune .com/printarticle / ?id= 201089181 4/3/2013 Agenda Item No. 9 $ ;^"� / Y•`h.a5s t ;;3�yv }.•.Y %^ 7 ,,t,Vs r - ° ? 3'4o n'� r -t y . a s r "yr �, rlt rr� 'v {3� ao°?;g y ti ••,r 'd '�7J r r } ^ r +� n � ! ,� S sr i -; qtr � i� ° �i" ��i et �! • REQUEST FOR A C TI C f A y 44' 4':4 zttY ' d,• js dr � � l,+,i r f U N I ��'7 . " a'1 r i i fY. r �r = ✓ 44 4 4 { * f r �r F' .r r .' r ri .; .•"orb r r t��l'�' f�rrJ .•r c� a ��r ,� i °rw ' ' l9 r t,•� v, " � a ! r g ... 1V;M:1 y . Jaj ' ;r r S r s 7 t ,+> 3y �'7:p 1 ) � 13 ' >l v.+d �'ri }r �'! ��/'rr � .rr�.'7�isf,'`t� » rj� •' i r J ,,, 5t3� � s "' �� 3ry >. �•',� P � � 3� . >v � :.'' ,r_ ,';,11'sV r '�r'� � r, } 5 :3 � . {.it �.,:5� r ,"�i3�a�_ .5:✓. . r ' ' . >,i3 r n � ✓' '.� .,. :. ��r $ rr. �_ . , Subject: Public Hearing to Consider Entering into Tax Abatement Agreement with Stream Data Centers Prepared By: Jeffrey Dahl, Assistant City Administrator The Public Hearing for this item was continued at the last meeting. The developer, Stream Data Centers, and the City are now ready to move forward with the Tax Abatement • agreement for the development of a data center facility. Background In order to encourage jobs, investment, essential services to Chaska, over the past few years the City has implemented a Business Incentive Policy that provides City Tax Abatement for up to three times the new development's total property taxes. To date this policy has been utilized twice -- -for United Health Group's data center in 2011 and at the last Council meeting for Ridgeview Medical Center's expansion. Tax Abatement 1s an economic development tool that the State allows municipalities to rebate property taxes to help support costs associated with economic development. Different from Tax Increment Financing, the assistance is limited for up to 20 years, and can be utilized from one or a combination of the three local taxing jurisdictions (city, county, school district) portion of the taxes. In order for a developer to request Tax Abatement from the City, they must complete the following process: O Issue a $10,000 deposit to the City for consultant work on analysis of the abatement request; O Illustrate the need of the assistance; o Prove that the assistance will be utilized to cover eligible costs such as land acquisition, site prep; and O Highlight the community benefits the City will receive as a result of the development (jobs, infrastructure investment, community service, quality of development, etc.). Update The first phase of Stream Data's data center facility received Final Site and Building Plan approval this January to construct a 115,000 square foot, one -story building at Engler Boulevard and West Creek Lane on 11.77 acres. There is room on the site for a potential future phase that would allow an 82,500 square foot building. Since then, in order to move forward with the project, they have requested assistance through the City's Business Incentive Policy to assist with the extraordinary site development costs of acquisition, grading, utility and street connections, and retaining wall construction. 1 of 2 Given the # of jobs that the expansion will create, the increased tax base and infrastructure, and the overall high - quality investment the development will add to the community, staff believes that the request meets the general parameters of the Business Incentive Policy. Based on the future estimated market value of the property and per the terms of the Business Incentive Policy (total assistance may equal up to three times annual property taxes), the applicant would be able to receive up to $1,228,500. Analysis Staff has worked with Springsted to analyze the request and ensure it is consistent with State Statutes regarding Tax Abatement (See attached memo). They have drafted the following analysis per the terms of the request and the City's policy: • The property owner would receive pay -as- you -go tax abatement for 20 years (reimbursement of City taxes) assuming the County and School District do not provide any abatement; and • The total amount of abatement would be $1,396,903, which has an approximate present value of $932,785. Staff has worked with City's economic development attorney, Bob Deike, in drafting an agreement between the City and the applicant that allows the abatement /reimbursement of City taxes but also ensures that the property owner will meet all the requirements per City policy and State Statues (See attached). Similar to Tax Increment Financing, the City must hold a public hearing prior to establishing a Tax Abatement Agreement and authorize approval of the agreement by resolution. Recommendation Staff recommends adoption of the attached resolution that authorizes approval of the Property Tax Abatement Agreement between the City of Chaska and Stream Data Centers. CITY COUNCIL ACTION REQUESTED Motion to open and close public hearing and then a motion to adopt Resolution No. 13 -27 authorizing approval of the Property Tax Abatement Agreement between the City of Chaska and Stream Data Centers. 2of2 Springsied Incorporated 380 Jackson Streel, Suite 300 Saint Paul, MN 55101 -2887 Springsted liF/4 Tat 651. 223 -3000 Fax: 651.223 -3002 tiww.springsted.com DRAFT MEMORANDUM TO: Matt Podhradsky, City Administrator Jeff Dahl, Assistant City Administrator FROM: Mikaela Huot, Vice President/Consultant Julian Bradshaw, Analyst CC: Robert Deike, Bradley & Deike DATE: February 28, 2013 SUBJECT: Preliminary Financing Projections for proposed Stream Data Center Project The City of Chaska has requested Springsted's assistance with the processing of a tax abatement request for financial assistance, including tax abatement revenue projections, for the proposed construction of a data center by Data Streams within the City of Chaska. Development assumptions include the construction of an approximate 114,000 square foot building, for which a tax abatement project would be created to capture the City's share of taxes generated from the new building through an annual abatement levy. It is our understanding that any tax abatement assistance would be provided through a pay -as- you -go note in which the City would reimburse (within the constraints of the EDA's policy) the business for certain costs associated with construction of the project. For purposes of our preliminary analysis we are Including two alternate financing scenarios based on both 15 year and 20 year terms. Extending the term of abatement to 20 years will require action by one of the other taxing entities (County and/or School District). Additional assumptions and terms of the proposed abatement are outlined further below. Tax Abatement Assumptions Springsted made certain assumptions to calculate the estimated amount of tax abatement revenues generated by the proposed project. Those assumptions include the following: Tax Abatement A city may grant a tax abatement, by contract or otherwise, of the taxes imposed by the city on a parcel of property, which may include personal property and machinery, or defer the payments of the taxes and abate the interest and penalty that otherwise would apply, if: City of Chaska, Minnesota Proposed Stream Data Center Project February 28, 2013 Page 2 It expects the benefits to the city of the proposed abatement agreement to at feast equal the costs to the city of the proposed agreement or intends the abatement to phase In a property tax Increase, as provided in clause (2)(vii); and 0 it finds that doing so Is in the public interest because it will: o increase or preserve tax base; o provide employment opportunities In the political subdivision; o provide or help acquire or construct public facilities; o help redevelop or renew blighted areas; o help provide access to services for residents of the political subdivision; o finance or provide public infrastructure; o phase in a property tax increase on the parcel resulting from an increase of 50 percent or more in one year on the estimated market value of the parcel, other than increase attributable to improvement of the parcel; or o stabilize the tax base through equalization of property tax revenues for a specified period of time with respect to a taxpayer whose real and personal property is subject to valuation under Minnesota Rules, chapter 8100. For our preliminary tax abatement scenarios we used the following assumptions: 0 Abate new building value only o Estimated value of $17,100,000 o $150 per sf o Provided by Carver County o Current land value would not be abated o Base value (existing land) o PID: 30.6970050 o $1,185,500 ® Abatement term o Maximum 15 years O Without written denial o Maximum 20 years ▪ With written denial from County or School or 90 days passing ® City only participation o Subject to policy O Construction commences In 2013 o 100% assessed in January of 2014 for taxes payable In 2015 City of Chaska, Minnesota Proposed Scream Data Center Project February 28, 2013 Page 3 • Proposed 2013 tax rates remain constant through abatement term: o City (urban): 28.019% o County: 46.031% o School: 45.217% o Other: 6.249% o Total: 125,515% • Class rates remain constant through abatement term • Fiscal Disparities contribution rate o 2013 proposed rate 36.3717% • 2% annual market value inflator assumed • Present value date of December 31, 2013 • Present value (discount) rate of 4% Tax Abatement Revenue Estimates — New Construction Total Tax Abatement Scenario 1 Scenario 2 Fiscal Disparities Contribution Election From Abatement From Abatement from new C -1 Property Property Property Term 16 years 20 years Estimated Total Revenues $990,998 $1,396,903 Estimated Present Value of $702,370 $932,785 Revenues (4% Discount Rate) Thank you for the opportunity to be of assistance to the City of Chaska. 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N m N d 0 c moms V M Q 0))0) Oc Nh MM007 I � • Np � p I m p a iI1 14111 h �h� O Q1 C 1 O � M A A M op t M N M M VrQqlV �Y V' V -4. -4- V to m AI c E . v n a oo[imm Nt 2223 oci 12 o ib� ..��{} � OV < c$1,5.0.0 _ O m m O OOOI (D MII)M OO�c}{ x/1 M 'cf 'C Mr ui 40 to m • (B < C� 16N N N + > +N 0 � 0 0 )V O� `+• N qM V wOOrlD N' � K Q o E O r4i�rll)cONIDO c`� U)DV �In M 1� � Q a'7 N'� h hI:00 0 0 0001 Q1000 (y MMN a No 1.-- m �� i31 rrr rrrrNNNNC4NNNN Q I O F- M M O r N 011 WW1 M? 1 O r u c noaD .1M- Y '. doh N M -- '���Q L Q Q Y Q QQ r r r r r r r r r r 1 a 0 a m r r r rr City of Chaska Strategic Location The City of Chaska, located approximately 20 miles southwest of downtown Minneapolis, is located along the new 4 -lane State Highway 212, which stretches southwest of 494, the belt -way around the core of the Twin Cities Metropolitan Area. Highway 212 provides 10- minute access to Interstate 494, a 20- minute expressway to the Minneapolis -St. Paul International Airport and a 25- minute connection to downtown Minneapolis. Business Incentives Chaska continues to be very aggressive in economic development activities, providing the necessary incentives to attract thriving and successfully businesses from all over the metro, region, nation, and world. Chaska has consistently utilized local tools such as tax increment financing and tax abatement to help write -down the cost of establishing a business in our community, while also working with County and State agencies to seek additional funding to make business relocation to Chaska feasible. Our goal is simply to ensure the development of thriving businesses that invest in the community and provide jobs for the region. More specifically, for a data center use at the West Creek Corporate center, the City is able to offer up -front TIF or Tax Abatement equal to three times the amount of local annual property taxes. What does this amount to? For a 65,000 square foot data center use, the approximate incentive amount would be $568,000. For a 100,000 square foot data center use, the approximate incentive amount would be $875,700. Operationally, the City of Chaska runs its own utility, and is a collaborative partner in economic development projects. Large energy users receive, at a minimum, a 5% reduction in electrical charges. Simply put, Chaska's energy is cheaper and more reliable. In addition, the City is able to offer its residents and businesses the lowest Water and Sewer rates and connection charges in Southwest Metro Area Government and Regulatory Environment The City Council aggressively directed resources in order to pursue recruitment of data centers to the City. Attracting data centers to the community is truly a win -win -- -the City is able to provide needed public infrastructure, strategic location, streamline approval process, and attractive financial incentives for the user, while the user is able to provide the type of investment and land use that is consistent with the City's strategic and comprehensive plan. City staff work hand in hand with county, state, and federal officials with all components of the approval process and already has a successful track record with a Fortune 500 company in development of a 200,000+ square foot data center. Ease of Implementation, Building and Permitting Requirements, Costs The West Creek Corporate Center is legally described as Outlot C, West Creek Corporate Center Addition and is zoned Planned Industrial District (PID -7). The use of this site for a data center has been anticipated and is a permitted use under the PID -7 zoning district (ordinance #807). City approvals still needed are Final Site and Building Plan by the Council and Building Permits by Staff. The process is as follows: 1. Final Plat and Final Site & Building Plan submittal of a complete application to City Planner. 2. Planning Commission review (Final Plat and Final Site & Building Plan) — Approximately 5 weeks after submittal. 3. City Council review (Final Plat and Final Site & Building Plan) — Approximately one week after Planning Commission recommendation. 4. Grading Permit issuance (by City Engineer) — Immediately after Council approval; and 5. Building Permit submittal of a complete application (to Building Official) — Immediately after Council approval. The bottom line is that the City is able to go from Final Site and Building Plan application submittal to breaking ground in lust over 6 weeks. Other Kev Points Besides these benefits, Chaska also has a Police and Fire Department, an award - winning Community Center, municipal Internet service, two municipal Golf Courses, and Hazeltine National, which hosted the 2009 PGA Championship and will host the 2016 Ryder Cup. Conclusion Chaska's elected leaders have understood the importance of investment in commerce for the future and have consistently ranked economic development as one of their top priority goals for the community white still being the 3rd lowest of all municipalities in the Twin Cities for our City tax levy per capita. On behalf of the Mayor and Council, City staff sincerely looks forward to working with you. Innovative Business Development Program Page 1 of 1 Ai , POSITIVELY tigite5ok. Department of Employment and Economic Development Innovative Business Development Program TABLE OF CONTENTS Program Overview Forms and Documents Contact a Regional Representative Program Overview The Innovative Business Development Public Infrastructure (BDPI) program focuses on job creation and retention through the growth of new innovative businesses and organizations. The program provides grants to local governmental units on a competitive basis statewide for up to 50 percent of the capital cost of the public infrastructure necessary to expand or retain jobs. Eligibility Local governmental units (city, county, townships, special district, or other political subdivision or public corporation) are eligible to apply for a grant. Program Requirements The minimum requirement applies to cities, which must provide a 50- percent match of the project capital costs. The projects must be of publicly owned infrastructure related to a development project, including projects that target manufacturing, technology, warehousing and distribution; research and development; innovative business incubator; agricultural processing; or industrial, office, or research park development that would be used by an innovative business Funds from this program can also be used for land acquisition and preparation, telecommunications, bridges, parking ramps, demolition, hazard remediation, pre - design, construction, equipment and furnishings. Definition of an Innovative Business For the purposes of this program, an "Innovative Business" is defined as a business that is engaged in, or is committed to engage in innovation in Minnesota in one of the following: using proprietary technology to add value to a product, process, or service in a high technology field; researching or developing a proprietary product, process or service in a high technology field; researching, developing, or producing a new proprietary technology for use in the fields of tourism, forestry, mining, transportation, or green manufacturing. Definition of Proprietary Technology Proprietary technology is defined as the technical innovations that are unique and legally owned or licensed by a business and includes, without limitation, those innovations that are patented, patent pending, a subject of trade secrets, or copyrighted. To Apply Select this link to download and print the application. For More Information Contact us at 800 -657 -3858 or 651 -259 -7460; or contact a Regional Representative listed in the table of contents on this page. 123 http : / /www.positivelyminnesota.com/ Government /Financial_As sistance/Business_Develop. , . 4/5/2013 • Department of Revenue Revenue Notice ti 12 -11: Sales Tax — Exemptions — Qualified Data Centers Introduction Sales tax exemptions for certain purchases for use in a "qualified data center" were enacted during the 2011 Special Session, amending Minnesota Statutes, sections 297A.68 (new subdivision 42), and 297A.75, subdivisions 1 (new clause (16)), 2 and 3. Purchases of "enterprise information technology equipment and computer software for use in a qualified data center," including "enterprise information technology equipment and computer software that is purchased to replace or upgrade enterprise information technology equipment and computer software in a qualified data center," are exempt. However, the purchaser must first pay the sales tax on the equipment and software and then, after June 30, 2013, the "owner of the business" may apply for a refund of the sales tax paid on the purchases. To be exempt, the sales and purchases of the equipment and software must be made after June 30, 2012. The exemption ends either 20 years from the date of the first purchase of "enterprise information technology equipment and computer software for use in a qualified data center" or by July 1, 2042, whichever is earlier. • Electricity used or consumed in the operation of the qualified data center also is exempt, but as an upfront exemption. To be exempt, the sales and purchases of the electricity must be made after June 30, 2012, and by July 1, 2042. This Revenue Notice sets out the department's positions on what is required by taxpayers to qualify for these exemptions. Department Positions I. Total cost and 24 -month period. Background: The definition of "qualified data center" in Minnesota Statutes, section 297A.68, subdivision 42, paragraph (c)(1), provides that the "total cost of construction or refurbishment, investment in enterprise information _technology equipment, and computer software is at least $50,000,000 within a 24 -month period." Positions: A. The 24 -month period must begin on a date that is after June 30, 2012. In determining if the $50,000,000 threshold has been met, only construction and refurbishment costs incurred after June 30, 2012, and purchases of enterprise information technology equipment and computer software made after June 30, 2012, will be included. B. The months of the 24 -month period must be consecutive months. C. The cost of land acquisition, if any, is not included in the $50,000,000. D. A qualified data center may include one or more businesses using enterprise information technology equipment. If more than one such business is located at the facility, either as co- owners or tenants of the building or buildings that constitute the facility, the following applies: • 1. Their combined total cost of construction or refurbishment, investment in enterprise information technology equipment, and computer software must be at least $50,000,000 within a 24 -month period. 2. The 24 -month period for all co- owners or tenants begins when the initial purchase and investment is made by any of the co- owners or tenants. I.I. Qualities and square footage. Background: A requirement of a "qualified data center" is that the facility have the following qualities: » • The facility must be used to house "enterprise information technology equipment, as that term is defined in Minnesota Statutes, section 297A.68, subdivision 42, paragraph (d); and must have the characteristics required by Minnesota Statutes, section 297A.68, subdivision 42, paragraph (c)(3), which are "(i) uninterruptible power supplies, generator backup power, or both; (ii) sophisticated fire suppression and prevention systems; and (iii) enhanced security..." • The facility must be at least 30,000 square feet in the aggregate, as described in Minnesota Statutes, section 297A,68, subdivision 42, paragraph (c)(l); and, for purposes of meeting the square footage requirement, may include the following spaces or facilities in support of the operation of the enterprise information technology equipment: the supporting office or meeting space, and mechanical and other support facilities, pursuant to Minnesota Statutes, section 297A,68, subdivision 42, paragraph (c). Positions: A. The square footage must be documented and the computation of the square footage must follow industry standards. • 13. The mechanical and other support facilities are "in support of the operation of the enterprise information technology equipment" if their function is to control, direct, maintain, manage, monitor, regulate or service the enterprise information technology equipment. If so, their square footage may be included to determine if the facility has at least 30,000 square feet. C. The office or meeting spaces are "in support of the operation of the enterprise information technology equipment" if their function is to control, direct, maintain, manage, monitor, regulate, or service the enterprise information technology equipment, or to provide training, discussions, performance evaluation and enhancement, and other similar functions fo better provide for the operation of the enterprise information technology equipment. If so, square footage may be included to determine if the facility has at least 30,000 square feet. III. Substantially refurbished. Background: An additional requirement of a "qualified data center" is that the facility • must be "constructed or substantially refurbished after June 30, 2012." The term "substantially refurbished" is defined to mean "that at least 30,000 square feet has been rebuilt or modified," as described in Minnesota Statutes, section 297A.68, subdivision 42, paragraph (c)(2). Positions: A. The terminology "refurbished" and "rebuilt or modified" both mean that the facility has been repaired, remodeled or altered. This refurbishment may include, but is not limited to, upgrading, expanding or retrofitting enterprise information technology equipment and its supporting infrastructure and systems, as well as significant interior or exterior structural modification. B. Making cosmetic changes to the interior or exterior appearance of a building does not constitute a "substantially refurbished" facility. Space which has been changed cosmetically and ,I has not otherwise been repaired, remodeled or altered will not be included in the minimum 30,000 square feet for determining if the facility has been substantially refurbished. C. The substantial refurbishment must encompass one or more of the descriptions provided in Minnesota Statutes, section 297A.68, subdivision 42, paragraphs (c) and (d), as noted above under "II. Qualities and square footage." D. The resulting facility must meet all of the statutory requirements of a qualified data center, as provided in Minnesota Statutes, section 297A.68, subdivision 42. E. Example of what may be considered "substantial refurbishment ": A business installs 15,000 square feet of a raised floor to meet the specifications of a data center in one building of a facility on one parcel of land in Minnesota. Additionally, on the facility's current data center building located on a contiguous parcel, the business installs a new roof covering 20,000 square feet and an updated uninterruptible power supply covering 10,000 square feet. A total of 45,000 square footage of the facility has been rebuilt or modified, and is considered substantially refurbished. P. Examples of what would not be considered "substantial refurbishment": Example 1: An existing facility paints or carpets 10,000 square feet of the floor to update its appearance, and this area is not otherwise rebuilt or modified. It also installs 20,000 square feet of a raised floor in another area to meet the specifications of the data center. No other modifications are made. The square footage of the area whose cosmetic appearance has been updated, whether the interior or exterior of a facility building, for example, by painting or carpeting, is not included in the definition of "substantial refurbishment." In this example, only 20,000 square feet (the raised floor) has been rebuilt or modified, not enough square footage to meet the definition of "substantially refurbished," ' Example 2: The facility comprises two buildings that consist of 60,000 square feet in the aggregate, and that are located on a single parcel. The facility has office spaces and meeting spaces that have a combined 30,000 square feet, for which either the ceilings or the floors need to be rebuilt or modified to meet the specifications of the data center. The remaining 30,000 square feet will remain unaltered. Of the 30,000 square feet of office and meeting space, 2,000 square feet is not used by staff in support of the operation of the enterprise information technology equipment, but is made available for the training and meeting needs of entities other than the data center. In this example, only 28,000 square feet of what is being refurbished meets the requirement found above under "II. Qualities and square footage," Position C, not enough square footage to meet the definition of "substantially refurbished." 1V. Electricity exemption. Background: Minnesota Statutes, section 297A.68, subdivision 42, paragraph (b), provides that "electricity used or consumed in the operation of a qualified data center is exempt." Electricity is "used or consumed in the operation of a qualified data center" if the electricity is used in the operation of one or more of the required characteristics set forth in Minnesota Statutes, section 297A.68, subdivision 42, paragraph (c)(3), (i) through (iii); used to operate enterprise information technology equipment as defined in paragraph (d); or used in office and meeting spaces, and mechanical and other support facilities in the facility, in support of the operation of the enterprise information technology equipment. Positions: A. The business that pays for the electricity used or consumed in the operation of the data center may purchase it exempt. B. While the use of separate meters that solely measure the electricity for qualifying uses and spaces is preferable, the Department will accept a valid energy audit conducted by a qualified energy audit engineer or consultant, or other reason and methods, t to facility. etermine the portion of the total electricity that is used for qualifying C. When the business provides a fully compCe�tag� £fie total a ectr'city that qualifier utility provider, it must indicate on the form th p for the exemption, V. Software. Background: Purchases of "computer software for use in a qualified data center" are exempt under Minnesota Statutes, section h7�A dto replace or upgradeacomputer software in a exemption includes computer software p qualified data center, Positions: A. Prewritten computer software. The term "computer software" in Minnesota Statutes, section 297A.68, subdivision 42, refers to "prewritten computer software, since ) customized computer software is already exempt. Only p computer software is otherwise subject to sales tax, pursuant to Minnesota Statutes, section 297A.61, subdivision 3, paragraph (f), which provides "A sale and a purchase includes the transfer for a consideration of prewritten otherwis e," and subdivision whether Owhi h includes electronically, by load and leave, See prewritten computer software in the subdivisions "tangible personal through 17b for e evan ' definitions. Minnesota Statutes, section 297A.61, sub The exemption for computer software for use in a data center includes licenses to use the computer software. B. Software maintenance contracts. The exemption for purchases of computer data software, including software that replaces maintenance upgrades ontrac sold insoftware nnection with the ale of center, does not include purchases of prwritten computer software, even if the contract provides defined in M Rules, Part entitled to receive "upgrades or enhancements a 8130.9910, subpart I, item G. Instead, the tax treatment of software maintenance contracts remains the same as described in Minnesota Rules, Part 8130.9910, subpart 2, VI: Refunds. Background: As provided in Minnesota Statutes, section 297A.68, subdivision 42, paragraph (a), sales tax on purchases of enterprise enter must be paid as if the sales tax rate applied, computer software for use in a qualified and then be refunded after June 30, 2013. • Processing claims. Pursuant to Minnesota Statutes, section 297A.75, subdivision 3, the statute of limitation and refund provisions of sections 289A.40 and 289A.50 apply to refund requests for qualifying purchases. The statute of limitations for filing a refund claim is generally three - and - one -half years from the due date of the return. • Owner of qualified business. Under Minnesota Statutes, section 297A.75, subdivision 2, clause (7), and subdivision 3, paragraph (a), only "the owner of the qualifying business" may apply 1 for a refund equal to the sates tax paid on the gross receipts of the enterprise information technology equipment and computer software for use in the qualified data center, and "if the tax was paid by a contractor, subcontractor, or builder," then that person "must furnish to the refund applicant a statement including the cost of the exempt items and the taxes paid on the items" Positions: A. For purposes of processing the refund claim, the department will presume the sales tax was reported on a sales tax return for the month of the invoice date. B. The "owner of the qualifying business" is one of the following: 1. Where the qualified data center is used to house "enterprise information technology equipment" which is owned by one person, that person is the "owner of the qualifying business" and may apply for a refund of the tax paid on the enterprise information technology equipment and related software. 2. Where the qualified data center is used to house "enterprise information technology equipment," where different enterprise information technology equipment is owned by different persons, each person is the "owner of the qualifying business" for purposes of applying for a refund of the tax paid on the enterprise information technology equipment and related software that are owned by that person. Publication Date: Nov 132012 f 81it Susan Von Mosch, Assistant Commissioner for Tax Policy and External Relations • „”, pitio,,, .....„:3„, A...? , ,.:, U , : f NI ,,,,,, , , 6, 4646 Dakota Street SE `� Prior Lake, MN 55372 ! .._.,,.. fit NNSSo l • February 3, 2012 Gene Goddard Director, Business Investment GREATER MSP Minneapolis - Saint Paul Regional Economic Development Partnership 400 Robert Street North, Suite 1520 St. Paul, MN 55101 Re: Greater MSP Site Broadcast Request — Data Center Prior Lake, Minnesota Dear Gene, The City of Prior Lake is pleased to provide you with additional information on the Summit Preserve site for consideration as you explore locations for a potential data center in the Greater Minneapolis - St. Paul Region. As previously stated, Prior Lake is a growing community of 24,000 people uniquely situated in the southern Twin Cities Metro Area. With a highly educated labor force, available land, and many comtnunity assets, Prior Lake is an ideal location for new and expanding business, Prior Lake features many recreational amenities including 14 lakes within its city limits, five golf courses, more than 54 parks encompassing 1,000 acres and 100 miles of trails and sidewalks. Taken together, the parks and lakes offer a wide variety of outdoor opportunities for residents with a wide variety of interests. Recent highway transportation upgrades and an increased household growth of 54% over the past decade have created incredible opportunities for commercial and industrial development within the community. Please note, this city staff proposal is being sent in response to a specific site information request. The City of Prior Lake does not own the proposed real estate; however, the City of Prior Lake would be pleased to facilitate a potential purchase agreement and sale with the current property owners, if desired. We appreciate the opportunity to respond to this request and look forward to exploring this site option with you in greater detail as you continue your research. Please contact me at 952- 447 -9813 or drogness @citvofpriorlake.Fom, or Casey McCabe, Community Development Specialist at 952 -447 -9815 or cmccabe @cityofpriorlake.com with any questions, or if additional information is required. Sincerely, • Dan Rogness I Community & Economis.D velopment Director City of Prior Lake, Minnesota Phone 952.447.9800 / Fax 952.447.4245 / www.cltyofpriorlake.com GREATER MSP Project Big Ben Site Option 1- Summit Preserve General Search Criteria (Confidential Data Center Candidate Site Information Collection RESOURCES IN HAND State and Local Governmental Programs Tax credits, abatements, exemptions (terms of abatements) Yes - Real estate property tax abatement Yes - Tax Increment Financing No - Personal property tax abatement No - Sales tax abatement; e.g. construction and ongoing technology No Free or reduced real estate cost Possible infrastructure and utility grants Possible Utility rate concession No Site Development, Grading No Right -of -Way Relocation Yes Road, Improved Site Access No Free /Low Cost Land /Building Yes Workforce development grants & svcs Possible Park Dedication fees No investment Tax Credits Yes One stop permitting Possible Waiver of fees (impact, permit, application) No Enterprise Zone Credits No New Market Tax Credits No JOBZ Site location plan Aerial photographs: See attached Exhibit A Roadway /Future Thoroughfare plans: See attached Exhibit B Telecommunications infrastructure map (fiber): See attached Exhibit C Utilities infrastructure maps Power: Provider does not make infrastructure maps available to public Water: See attached Exhibit D Storm: See attached Exhibit E Sanitary: See attached Exhibit F Natural gas: Not Available Topographic survey: See attached Exhibit G Boundary survey: Not Available Easement locations: Not Available Final boundary /easement survey: Not Available Environmental Phase 1 audit: Not Completed Subsurface soils investigation: See attached Exhibit H FEMA flood map: See attached Exhibit I CCRs (Land Covenants): None PROPERTY ISSUES AREA /COST Current ownership: Private - Cardinal Development Group, LLC Total acreage (75 to 100 acres): 30.9 acres proposed Current ownership has a total of 49,25 acres available Land cost Per Square Foot: $7.58 /square foot Ability to support future expansion Physical area land supports: adequate developable area around site Ability of infrastructure to support area: Additional infrastructure will be installed to support area JURISDICTIONS City: City of Prior Lake County: Scott County School District: Prior Lake - Savage Area Schools, ISD 719 Landowners Association: None Other taxing /ruling entities: Metropolitan Council, Scott County CDA TAXES Total annual: Current annual tax = $20,076 - annual tax after dev. unknown Land Association fees: None Special Assessments: None Park dedication fee: $6,400 /acre Tax Abatements /Economic Incentives: Possible SURVEY Easement infringements into site: None Abandoned easements /roads: None PLAT Site plat status: Preliminary plat approval - no final plat approval Time to secure plat: 46 -60 days Construction limitations without plat: No construction prior to platting REQUIRED INFRASTRUCTURE Roadway construction required Description: Private access Cost to Buyer: 100% Time to complete after closing: Estimated 2 -3 Months Offsite utilities required to serve site Description: All private utilities are required Cost to Buyer: Unknown Time to complete after closing: Estimated 6 Months MISCELLANEOUS Estoppels Certificate: May be provided at later date upon purchase negotiations Title Commitment: May be provided at later date upon purchase negotiations CODES /ZON1NG /USE ISSUES ZONED USES Current Use: PUD, Planned Unit Development Proposed Site: C -3, Business Park Option Properties: Same PARKING Parking requirements by code for this use: Estimated 67 parking stalls required LAND COVENANTS (beyond code) Use restrictions: None Landscaping requirements: None Restrictive aesthetic mandates: None Orientation mandates: None Service /delivery: n/a BUILDING CODE Applicable codes: Minnesota State Building Code, Minnesota Plumbing Code, Minnesota Energy Code Restrictive local amendments: None ACOUSTIC Acceptability of multiple generator plants: Yes Acoustic restrictions by code: Noise shall not exceed MPCA standards Acoustic restrictions by CCRs: None PLANNING SETBACKS Horizontal: Structure setback - 30' front yard, 20' side yard, 30' rear yard Parking / Drive Aisle setback - 10' front yard, 5' side yard, 10' rear yard Height Restrictions: 4 stories or 45' in height; whichever is Tess ENVIRONMENTAL ISSUES HISTORY Prior underground tanks: Seller is not aware of prior underground tanks Prior known spills /hazards: Seller is not aware of prior known spills /hazards Phase 1 audit status: Not Completed Mining and other Underground Activities (include maps): None Conducted OTHER Distance to nearest wetlands: None on -site; nearest wetland 100' from property Restrictions on use of standby generators: None Presence of protected wildlife: None UTILITIES ISSUES POWER (See attached Exhibit J) Primary feed by: Minnesota Valley Electric Cooperative Maximum demand currently available at site. Substation Name: This information is confidential, MVEC would be pleased to discuss in person at the appropriate time. Voltage: 12.47kV / 7.2kV wye Transmission service: 69kV Current spare capacity: 16MW Distance: This information is confidential, MVEC would be pleased to discuss in person at the appropriate time. Feeder to site Feeder route: Confidential - MVEC would discuss in person Feeder distance: Confidential - same % feeder underground: Confidential - same Cost to Buyer for MW feed (with ultimate mW) Schedule for installation after contract: Confidential - same Redundant feed by: Minnesota Valley Electric Cooperative Substation Name: Confidential - same Transmission service: 115 kV Current spare capacity: 22MW Feeder to site Feeder route: Confidential - same Feeder distance: Confidential - same % feeder underground: Confidential - same Cost to Buyer for ^ MW feed (with ultimate MW) Schedule for installation after contract: To be determined Reserve cost: To be determined Future Toad growth 17MW by: as determined by growth needs Able to support? How ?: Yes, increased substation capacities Able to stay on separate substations ?: Yes Approximate cost to Buyer: To be determined MW by Able to support? How? Able to stay on separate substations? Approximate cost to Buyer Cost of power at MW Other: WATER Domestic water main Size: 12" Location: 500 feet west of site Pressure: booster station will be required Looped system: Ability to loop system, not currently looped Redundant domestic water feed Size: 12" (following installation) Location: Immediately east of site Pressure: booster station will be required Private drilled water well potential onsite: No Fire protection water main (if separate from domestic) Size: Same as above Location: Same as above Pressure: Same as above Flow rate: Unknown Domestic water supply grid Single point of failure in piping grid back to pump station Pumping stations Number able to pump into the grid (and pressurize site) To be determined during Valves tying redundant pumping stations open /closed to grid? construction planning Redundant pumps at primary and secondary pumping station? Backup generator at primary and secondary pumping station? On -site well potential: No STORM WATER DRAINAGE Storm drainage structure available at property line Type: Manhole, Storm Inlet Size: Unknown Retention /detention required Which one ?: must meet rate /volume control, water quality standards Size: Determined following project review Adjacent properties drain onto the proposed site ?: No Existing drainage structure on the site ?: None Drainage structure required onsite to execute the project ?: Yes Mechanical lift stations required to drain site ?: No History of local area storm drainage backing up to buildings ?: None SANITARY Size: 8" Location: 650' South Depth: Mechanical lift stations required to drain site ?: No Nearby sanitary manholes above proposed floor elevation? History of local area sanitary drainage backing up to buildings ?: None COMMUNICATIONS ISSUES CONNECTIVITY Fiber miles to critical locations: Zayo Group colocation facility in Plymouth - 26.5 miles Zayo Group long -haul fiber 4.5 miles Scott County Fiber Network head end in Savage - 5.5 miles 511 Building regional hub and colocation facility - 25.5 miles PROVIDERS Numbers of providers: At minimum, the areas is served by two separate providers. Zayo Group offers network fiber services and the Scott County Open Access Fiber Network would allow for fiber service provision by any number of interested providers meeting the County's standards. The County is currently in discussions with two separate providers that would begin offering services over the open access network in Spring 2012. PATHING TO SITE Current locations of Providers at /near site: Zayo Group fiber runs along County Road 42 and directly adjacent to the site. Hand holes are located in very close proximity and would allow for an easy and relatively inexpensive fiber drop. The Scott County Open Access network Fiber currently runs south on Boone Avenue and then east along County Road 42 - within 3,500 feet of the site. However, the County has a near -term interest in extending its fiber along CR 42 and would consider expediting these efforts to promote economic development. Redundant separate pathing available? Explain.: A planned 2012 fiber build by Zayo Group would provide redundant separate pathing for this site. All Scott County open access fiber has redundant separate pathing to mitigate against single point failure. SITE CHARACTER ISSUES TOPOGRAPHY Total elevation variance across site: 56 Feet Total elevation variance across building plate: 10 Feet Retaining walls anticipated ?: No DRAINAGE FLOODING Location of nearest 100 year flood line: 1,700 Feet South Location of nearest river or creek: Creek 1.4 Miles NW Height above 100 year flood: 178 Feet Height above 500 year flood: 92 Feet Onsite retention /detention Required ?: Yes Surface area needed: To be determined GEOTECH /SUBSOILS GROUNDWATER Presence /Depth: Unknown Drilled well potential: None SOILS MATERIALS Plasticity range: 4 - Slight Plasticity SHALE /ROCK Depth for foundations: Unknown VEGETATION Presence: Wooded Protected trees /vegetation: City Tree Preservation Ordinance VEHICULAR ACCESS ISSUES ACCESS ONTO SITE Sufficient distance from intersections: 1,200 Feet Center medians restricting crossover: Yes Ability for traffic control (lights): No Queuing required at site entry ?: Yes, 60 Feet SECURITY ISSUES PUBLIC SAFETY Police Distance to station: 4 Miles Anticipated response time: 4 Minutes Sherriff Distance to station: 8.8 Miles Anticipated response time: 10 Minutes Fire Distance to station: 1,8 Miles Anticipated response time: 8 Minutes SITE Fencing permitted: Yes Type: Chain Link, Wood, Wrought iron, Stone, Cement, Plastic, Aluminum Ability to berm perimeter: Yes LIGHTING Parking lot lighting allowed: Yes Height restriction: 45 Feet Building lighting allowed: Yes NEIGHBORHOOD ISSUES ADJACENT PROPERTY USES Zoning: North - A, Agricultural South - R -1, Low Density Residential West - PUD, Planned Unit Development East - PUD, Planned Unit Development Ownership: North - Private - C. Chadwick and F. Muelken South - Multiple single family residential south of Co Rd 42 West - Cardinal Dev Group, LLC and Private - C. Chadwick East - Cardinal Development Group, LLC FIRST RIGHT OF REFUSAL Available to Buyer ?: Possibility Cost ?: To be negotiated TRAFFIC THOROUGHFARE PLAN Future improvements in access? Private access improvements required No plans to improve public transportation adjacent to site at this time Future disruptions to site /operations ?: Following construction of the facility and access, no future disruptions are anticipated. Construction: None anticipated Increased traffic: Increased traffic with future development ADJACENT STREETS /ROADS Current traffic load: CR 42 = 19,300 A.A.D.T. Volume (South of Site) CR 18 = 11,100 A.A.D.T Volume (West of Site) Anticipated construction in the future Roadway: None anticipated Utilities in easements: None anticipated on -site AREA DEVELOPMENT Development status of adjacent sites: North: Primarily vacant / one single family residence South: Multiple single family residential south of Co Rd 42 West: Vacant East: Primarily vacant / one single family residence Estimated % undeveloped frontage on road within 1 mile of site: 25% Estimated % undeveloped land within 1 mile radius: 35% NEARBY USES Adjacent developed uses at perimeter North: Primarily vacant / one single family residence South: Multiple single family residential south of Co Rd 42 West: Vacant Commercial Property East: Primarily vacant / one single family residence Adjacent developed uses within 1 mile: Primarily residential 5, E, N, & Vacant W Hazardous uses within 5 miles: Unknown - None believed to exist Chemical, Explosive, Other MANUFACTURING BUSINESSES Distance to manufacturing businesses: 2.6 Miles Product description: General Manufacturing /Warehouse BIO or CHEMICAL BUSINESSES Distance to bio or chemical businesses: No bio or chemical businesses near site Product description: No bio or chemical businesses near site CRISIS POTENTIAL RAILWAYS Distance to nearest rail line: 2.8 Miles Currently active ?: Yes NATURAL GAS MAINS Distance to nearest gas distribution line: On Site - Street Size and pressure of nearest gas distribution line: 2 Inch - 50 psi Distance to nearest gas transmission main: 300 Feet Size and pressure of nearest gas transmission main: 6 Inch - 450 psi Distance to nearest transmission main above grade piping: 4,400 Feet Capacity: CenterPoint Energy does not release information on Capacity AIRPLANES Distance to nearest airfield: 5 Miles Flight path proximity: Unknown HIGHWAYS Distance to nearest materials transport highway: 2.6 Miles WILDFIRES Distance to nearest wildfire prone area: 100+ Miles NUCLEAR POWER PLANTS Distance to nearest nuclear power plant: 47 Miles Distance to nearest nuclear storage facility: 47 Miles ELECTRONIC INTERFERENCE Distance to known EM1 /RFI external sources: Unknown SEISMIC Seismic zone rating: Zone 0 = 0.0g WIND (Low Velocity to High Velocity) : Mean Wind Speed 11 mph Prevailing wind direction: Northwest LIGHTNING Frequency (Few to Very Often): Few, Flash Density (flash /sq. km. /year)= 0.5 -1 SNOWFALL Annual Accumulation (Low to Heavy): 49.9" average HURRICANE (Some Risk to Extreme Risk): No Risk TORNADO (Some Risk to Extreme Risk): Some Risk LANDSLIDES: No Risk