HomeMy WebLinkAboutFULL EDA Agenda Packet 12 21 2015
Phone 952.447.9800 / Fax 952.447.4245 / www.cityofpriorlake.com
4646 Dakota Street SE
Prior Lake, MN 55372
PRIOR LAKE ECONOMIC DEVELOPMENT AUTHORITY
AGENDA
December 21, 2015 – 4:00 p.m.
Reports included with this agenda can be found in the Document Center at www.cityofpriorlake.com
Please follow this file path: City of Prior Lake\Economic Development Authority\2015\December 21, 2015
1. CALL TO ORDER/INTRODUCTION
2. APPROVAL OF AGENDA
3. APPROVAL OF MEETING MINUTES
A. November 16, 2015
4. CONSENT AGENDA
A. No Consent Agenda Items
5. REMOVED CONSENT AGENDA ITEMS
6. PUBLIC HEARINGS
A. No Public Hearings Scheduled
7. OLD BUSINESS
A.
Prior Lake Community Assets – EDAC
8. NEW BUSINESS
A.
B.
C.
Proposed Bylaws Amendments
Prior Lake EDA 2016 Business Plan
2016 EDI Grants – Scott County CDA
9. OTHER BUSINESS
A.
No Other Business
10. ADJOURNMENT: 6:00 p.m.
Those items on the EDA Agenda which are considered routine and non-controversial are included as part of
the Consent Agenda. Unless the President or an EDA member specifically requests that an item be on the
Consent Agenda be removed and considered separately, Items on the Consent Agenda are considered un der
one motion, second and a roll call vote. Any item removed from the Consent Agenda shall be placed on the
EDA agenda under “Removed Consent Agenda Items”
Phone 952.447.9800 / Fax 952.447.4245 / www.cityofpriorlake.com
4646 Dakota Street SE
Prior Lake, MN 55372
Economic Development Authority Meeting Minutes
November 16, 2015
1. CALL TO ORDER
Interim Vice President Chromy called the meeting to order at 4:08 p.m. after being voted acting chair by
Keeney and Sheehan-Kerber due to Hedberg and Choudek’s absence. Present were Commissioners Hed-
berg (late), Chromy, Sheehan-Kerber and Keeney; Choudek was absent. Also present were Executive Di-
rector Boyles(late), Community & Economic Development Director Rogness, Community Development
Specialist McCabe and Assistant City Manager Olson. Others present included Lloyd Erbaugh of the
EDAC.
2. APPROVAL OF AGENDA
MOTION BY SHEEHAN-KERBER, SECONDED BY KEENEY TO APPROVE THE AGENDA.
VOTE: Ayes by Keeney, Chromy and Sheehan-Kerber. The motion carried.
Hedberg and Boyles joined the meeting.
3. APPROVAL OF MEETING MINUTES
MOTION BY KEENEY, SECONDED BY HEDBERG TO APPROVE THE SEPTEMBER 21, 2015 MEETING
MINUTES.
Ayes by Hedberg, Keeney, Chromy and Sheehan-Kerber. The motion carried.
4. CONSENT AGENDA
No items were on the Consent Agenda
5. REMOVED CONSENT AGENDA ITEMS
No items were removed from the Consent Agenda
6. PUBLIC HEARING
No Public Hearings
7. OLD BUSINESS
No Old Business
8. NEW BUSINESS
A. Summary of EDA-EDAC Business Mixer
McCabe: provided a written summary of comments received at the Business Mixer event, from the partici-
pants at the break-out session; nearly 60 people attended this event.
Rogness: stated that the EDAC has not yet met to review these comments, which they will do in early De-
cember. The EDAC will then provide a written report to the EDA, including recommendations on ways to
address various concerns and issues.
Erbaugh: said the meeting was very positive for all those who attended on October 29th at The Wilds.
Sheehan-Kerber: agreed with Erbaugh, and she further noted that the mixer portion could probably have
been longer, and that maybe a future focus would be for participants to identify some best practices.
Keeney: thought that providing some key topics to discuss could have provided more focus to the various
table discussions.
2
B. Downtown Bus Stop
McCabe: reviewed his staff report related to an EDA request to MVTA to consider alternate locations for
the downtown bus stop, which is currently at Main and CSAH 21. MVTA evaluated all options, including
the existing city parking lot at Colorado Street. MVTA de cided to not make a change at this time. Once
Arcadia and CSAH 21 becomes signalized with full pedestrian crossings, then MVTA would reconsider
moving it to that intersection.
EDA Commissioners: thanked staff and the MVTA for their evaluation.
C. EDA 2015 Accomplishments & 2016 Goals
Rogness: summarized a draft list of 2015 accomplishments and 2016 goals for the EDA to consider ap-
proving for the upcoming City Council Work Session. Goals relate to the downtown parking study, busi-
ness incentives report, TIF for Dominium, and the CDA grant award for Technology Village III study. Ac-
complishments relate to the EDA Business Plan, short-term recommendations in the parking study, the
EDAC, Technology Village, and pad-ready commercial/industrial sites.
Boyles: emphasized the short and mid-term goals that are identified in the City’s 2040 Vision and Strate-
gic Plan.
Keeney: recommended that a bullet be added under the annual business incentives report that summa-
rizes the incentives provided by the City in 2015.
Hedberg: suggested one Technology Village goal for 2016, combining three together in the report; he also
supported a reference to the EDA Business Plan implementation actions.
Rogness: thought that the term “targeted areas” was better to use than “pad ready or near pad ready”.
Keeney: further recommended that a goal simply state that the EDA guides and supports the EDAC and
Technology Village and that the EDA concentrate on long -term rather than short-term recommendations in
the downtown parking study.
MOTION BY CHROMY, SECONDED BY KEENEY TO APPROVE THE LIST OF EDA ACCOMPLISH-
MENT AND GOALS WITH CHANGES AS DISCUSSED BY THE COMMISSIONERS.
Ayes by Hedberg, Keeney, Chromy and Sheehan-Kerber. The motion carried.
D. Amendment to EDA Bylaws
Boyles: reviewed a proposed change in the EDA bylaws that would correspond to Minnesota State Stat-
utes for the term of office. Commissioners appointed from the public should have 6 -year terms by statute
rather than the 4-year terms as stated in the bylaws.
MOTION BY CHROMY, SECONDED BY SHEEHAN-KERBER TO RECOMMEND APPROVAL OF THE
PROPOSED AMENDMENT TO THE EDA BYLAWS.
Ayes by Hedberg, Keeney, Chromy and Sheehan-Kerber. The motion carried.
E. Approve a Resolution Appointing the EDAC Members
Rogness: presented the list of recommended new EDAC members to be appointed and reappointed by the
EDA, which includes as reappointments Wade Larson, Thane Tande and Lloyd Erbaugh, and as new ap-
pointments Trisha Rosenfeld, Celina Byers, Marie Voreis, Srinivasan Prasanna, Stephanie Carroll and
Luke Brazier. Dan, Casey, Frank and Lloyd were on the interview committee.
Sheehan-Kerber: asked whether those on the interview committee felt that the attributes of the new mem-
bers match the goals of the EDAC?
Boyles and Erbaugh: both said yes in a variety of ways based upon the applicants’ range of experience .
MOTION BY CHROMY, SECONDED BY KEENEY TO APPROVE A RESOLUTION APPOINTING THE
EDAC MEMBERS.
Ayes by Hedberg, Keeney, Chromy and Sheehan-Kerber. The motion carried.
F. Approve a Resolution Appointing the Technology Village Board of Director Members
3
Rogness: presented the list of two applicants to be reappointed to the Technology Village Board of Direc-
tors, including Gerry Hughes and Lori Frank.
MOTION BY KEENEY, SECONDED BY CHROMY TO APPROVE A RESOLUTION APPOINTING THE
TECHNOLOGY VILLAGE BOARD OF DIRECTOR MEMBERS.
Ayes by Hedberg, Keeney, Chromy and Sheehan-Kerber. The motion carried.
G. Technology Village Phase II.3 Business Plan
McCabe: presented changes to the previous business plan (II.2) that update businesses, budgets, strate-
gies, etc. for 2016. This updated plan is identified as II.3.
Keeney: thought that home-based businesses should be a group tapped into as part of the pipeline pro-
cess, and he thinks the virtual program needs more branding.
EDA Commissioners: felt that this revised plan speaks well to Technology Village moving forward into the
next year. Jim Greenwood’s study conclusions will also be an important topic for discussion in 2016.
MOTION BY CHROMY, SECONDED BY SHEEHAN-KERBER TO APPROVE THE TECHNOLGY VIL-
LAGE PHASE II.3 BUSINESS PLAN.
Ayes by Hedberg, Keeney, Chromy and Sheehan-Kerber. The motion carried.
H. Advisory Committee 2015 Accomplishments and 2016 Goals
McCabe: reviewed the list of accomplishments and goals for Technology Village and the EDAC as devel-
oped by those two corresponding groups.
Erbaugh: provided more information on the business liaison program.
MOTION BY KEENEY, SECONDED BY CHROMY TO APPROVE THE 2015 ACCOMPLISHMENTS AND
2016 GOALS FOR TECHNOLGY VILLAGE AND THE EDAC.
Ayes by Hedberg, Keeney, Chromy and Sheehan-Kerber. The motion carried.
9. OTHER BUSINESS
A. Commercial & Industrial Development Update
McCabe: summarized a one-page memo showing development activity in Prior Lake so far in 2015,
including building permit data and a list of new or expanding businesses. As an example, new com-
mercial and industrial development in 2015 is at $3.7 million compared to $85,000 in 2015.
10. ADJOURNMENT
MOTION BY KEENEY, SECONDED BY CHROMY TO ADJOURN THE MEETING. With all in favor, the
meeting adjourned at 6:02 p.m.
___________________________
Frank Boyles, Executive Director
4646 Dakota Street SE
Prior Lake, MN 55372
ECONOMIC DEVELOPMENT AUTHORITY AGENDA REPORT
MEETING DATE: December 21, 2015
AGENDA #: 7A
PREPARED BY: Casey McCabe, Community Development Specialist
AGENDA ITEM: PRIOR LAKE COMMUNITY ASSETS - EDAC
DISCUSSION: Introduction
The purpose of this agenda item is to review and discuss the attached Community
Assets report prepared by the EDAC.
History
Earlier in 2015, the EDA reviewed a draft City of Prior Lake Marketing Plan outline
and considered a request from the EDAC to provide direction related to the devel-
opment of a City of Prior Lake Marketing Plan for use by potential business and
residential developers and others who may wish to make Prior Lake their home.
The EDA felt the scope of the marketing plan outline was too large for the EDAC
to take on and instead directed the EDAC to focus on a few key sections of the
outline, including Community Assets and Sharpening. Community Assets relates
to ‘specific’ community assets associated with quality of life, transportation,
schools, recreation, workforce, etc. Sharpening relates to defining how Prior Lake
may be different from other communities by providing specific examples and facts
to support why Prior Lake is a great place to live, work and play.
Current Circumstances
The EDAC has discussed the Community Assets and EDA direction during multi-
ple committee meetings in 2015. The EDAC has prepared the attachment for EDA
review and direction. The intent of the attachment is to provide more detailed and
specific information to be used by the City of Prior Lake in future marketing and
communications. For example, instead of saying Prior Lake has a low unemploy-
ment rate, the attached report recommends, “Prior Lake’s unemployment rate of
3.0% is 1.8% lower than the national average. Instead of saying Prior Lake is a
growing community, the attached report recommends, “Prior Lake has grown from
a population of 15,917 in 2000 to 25,039 in 2014, an increase of 57.3%. The
population of Prior Lake is expected to reach nearly 40,000 by 2040.”
Conclusion
EDA members should review the attached Community Assets information and
provide direction to city staff and or the EDAC as needed.
ISSUES: The community assets categories were chosen by the EDAC. The EDA may have
other categories it wishes for the EDAC to incorporate.
2
FINANCIAL
IMPACT:
None.
ALTERNATIVES: 1. Motion and a second to accept the Community Assets report prepared by the
EDAC, as proposed or as may be amended by the EDA.
2. Motion and a second to table action and provide further direction to staff.
RECOMMENDED
MOTION:
Alternative #1.
ATTACHMENT: Prior Lake Community Assets
Prior Lake Community Assets
Pad Ready Land Available
Prior Lake is positioned for continued commercial and industrial development with over 80
acres of commercial, business park and industrial land ready for development.
Low Tax Rate
Prior Lake has the lowest City Tax Capacity Rate of the seven communities in Scott County,
while providing a full array of municipal services.
Source: Scott County Taxation Department. The city tax capacity rate is determined by dividing the city’s tax levy by the
city’s total tax capacity.
A 2015 county wide property tax comparison for a commercial/industrial building with an
estimated market valuation of $620,000 is shown below.
Thriving Downtown
Prior Lake’s quaint downtown businesses include restaurants, specialty retail and boutique
shops, salons, professional offices, recreational facilities and hardware. Downtown Prior Lake
proudly hosts more than 50 community events throughout the year including the very popular
Music Fest, Lakefront Days and Decembrrr Dazzle as well as a Downtown Farmer’s Market
along Main Avenue every Saturday from May through October. Downtown is also home to
Prior Lake City Hall, police station, library and senior center.
Low Unemployment Rate
Prior Lake’s unemployment rate of 3.0% is 1.8% lower than the national unemployment rate.
Source: MNDEED Local Unemployment Statistics for October 2015; Prior Lake, Scott Unemployment Statistics
Not Seasonally Adjusted
City Tax Capacity Rate
Prior Lake 31.9883%
Shakopee 37.8618%
Elko New Market 46.6519%
Savage 51.7425%
Jordan 63.9675%
New Prague 64.6435%
Belle Plaine 89.4608%
Commercial/Industrial Tax Impact
County Wide Comparison Market Value
Tax District Total Tax
City School City Tax School Tax County Tax Other Taxes Fiscal Disp Tax State Tax
Prior Lake Shakopee 2,630.91$ 3,278.09$ 2,736.15$ 331.21$ 6,749.46$ 5,922.86$ 21,649$
Shakopee Shakopee 2,871.72$ 3,288.41$ 2,747.23$ 155.46$ 6,712.29$ 5,922.86$ 21,698$
Shakopee Burnsville 2,871.72$ 3,453.74$ 2,745.90$ 155.46$ 6,712.29$ 5,922.86$ 21,862$
Prior Lake Prior Lake-Savage 2,630.91$ 3,670.06$ 2,737.79$ 247.60$ 6,749.46$ 5,922.86$ 21,959$
ElkoNewMarket New Prague 3,372.00$ 3,289.80$ 2,648.29$ 142.44$ 7,147.06$ 5,922.86$ 22,522$
New Prague New Prague 7,530.96$ 4,637.74$ 4,245.73$ 227.70$ -$ 5,922.86$ 22,565$
Savage Bloomington 4,010.84$ 3,151.53$ 2,775.47$ 157.06$ 6,587.84$ 5,922.86$ 22,606$
Savage Shakopee 4,010.84$ 3,315.81$ 2,775.18$ 157.06$ 6,587.84$ 5,922.86$ 22,770$
Savage Burnsville 4,010.84$ 3,472.65$ 2,774.34$ 157.06$ 6,587.84$ 5,922.86$ 22,926$
ElkoNewMarket Lakeville 3,372.00$ 3,815.86$ 2,649.02$ 199.65$ 7,147.06$ 5,922.86$ 23,106$
Savage Prior Lake-Savage 4,010.84$ 3,702.86$ 2,773.99$ 209.21$ 6,587.84$ 5,922.86$ 23,208$
Jordan Jordan 4,720.16$ 3,376.92$ 2,698.83$ 306.31$ 6,903.00$ 5,922.86$ 23,928$
Belle Plaine Belle Plaine 6,420.60$ 3,443.43$ 2,628.64$ 198.25$ 7,229.49$ 5,922.86$ 25,843$
Tax Breakdown
620,000$
Available Incentives
The Prior Lake City Council and Economic Development Authority (EDA) participate in and
have access to the following programs which provide assistance to business and industry
locating or expanding in the city.
EDA Revolving Loan Fund
EDA Microenterprise Loans
Tax Increment Financing
Tax Abatement
MN Department of Employment & Economic Development (DEED) Loans and Grants
Sewer & Water Fee Deferral Program
Technology Village Business Accelerator
Scott County CDA Open to Business
Economic Gardening
SMSC
The Shakopee Mdewakanton Sioux Community (SMSC) is a federally recognized, sovereign
Indian tribe located on the western edge of Prior Lake. As the largest employer in the county,
the SMSC employs more than 4,200 at its many enterprises, including Mystic Lake Casino
Hotel. SMSC and Mystic Lake provide many arts, cultural, entertainment and recreational
opportunities.
Growing Community
Prior Lake has grown from a population of 15,917 in 2000 to 25,039 in 2014, an increase of
57.3%. The population of Prior Lake is expected to reach nearly 40,000 by 2040.
Source: U. S. Census Bureau State & County QuickFacts and Metropolitan Council Thrive 2040 MSP population forecast.
Prior Lake has shown strong and consistent residential growth. Since 2010, the City of Prior
Lake has issued more than 800 permits for new residential housing units with a total declared
valuation of over $230 million; an average of 133 new homes per year.
Available Fiber Network
In 2007, Scott County began constructing a high speed fiber network which is supported with
fiber network investments by the City of Piror Lake, Integra Telecom and the Shakopee
Mdewakanton Sioux Community (SMSC). The 72 strand Scott Couny fiber-optic network
spans nearly 600 miles. Thanks to a cooperative effort between the City of Piror Lake and
Integra Telecom, fiber is available to a majority of the commercial and industrial property in
the city.
High Household Income
Prior Lake’s Median Household Income (MHI) of $95,692 is $34,864 higher than the State of
Minnesota MHI and $42,210 higher than the national MHI.
Source: U. S. Census Bureau State & County QuickFacts; (2010-2014) in 2014 dollars
Growing Economy
The City of Prior Lake’s economy is growing with businesses reporting steady gross sales
increases; averaging a 10% increase per year.
Year Gross Sales
2009 $239,891,586
2010 $267,724,849
2011 $268,981,183
2012 $307,301,435
2013 $337,790,631
Source: Minnesota Department of Revenue; Minnesota Sales and Use Statistics
Good Schools
Prior Lake-Savage Area School District 719 is a destination school district serving Prior Lake,
Savage and surrounding townships. Within the district there are six elementary schools, two
middle schools and a high school. In addition, Prior Lake is home to several private schools.
Prior Lake High School was named one of the best high schools in America
by Newsweek Magazine based on its quality teaching staff along with its Advanced-Placement
and college-level course offerings. The Washington Post named PLHS one of America's Most
Challenging High Schools in the nation, placing the school in the top 10 percent of U.S. high
schools.
Great Lakes, Parks & Recreation Amenities
More than 100 miles of trails and sidewalks and more than 50 parks encompassing
approximately 1,050 acres are easily accessible throughout the community.
Park and recreational facilities and amenities including two large athletic complexes, a
library, band shelter, pavilion, fishing piers, boat slips, swimming beaches and sledding
hills.
Prior Lake is home to 15 lakes, most notably Upper Prior Lake and Lower Prior Lake which
total 1,340 acres and is considered one of the most popular lakes in the seven-county
metropolitan area for boating, skiing and fishing.
Abundant golfing opportunities with the Wild’s Golf Club, Legends Golf Club, Heritage
Links Golf Club, Cleary Lake Golf Course, Stonebrook Golf Club and the Meadows at
Mystic Lake Golf Course.
RiverSouth: Land of Big Fun is a promotional partnership of Canterbury Park, Mystic Lake
Hotel Casino, the Renaissance Festival, Valleyfair, the Cities of Shakopee and Prior Lake
and the Shakopee Mdewakanton Sioux Community. Huge attractions, world-class
facilities, and breathtaking scenery, all within Scott County (www.riversouthmn.com). All
Prior Lake area businesses benefit, at no cost, from this group’s marketing efforts.
Well Educated Workforce
96.8% of Prior Lake residents are high school graduates, which is 4.7% higher than the State
of Minnesota average and 10.8% higher than the national average. 42.7% of Prior Lake
residents have earned a bachelor's degree or higher, which is 10.1% higher than the State of
Minnesota average and 13.9% higher than the national average.
Source: U. S. Census Bureau State & County QuickFacts
Small Town Feel
When asked what they liked most about our community, Prior Lake residents identified the
community’s ‘small town feel’ as their top choice.
Source: City of Prior Lake 2014 Residential Study; February 2014; Dr. Bill Morris, Morris Leatherman Company.
Prior Lake is a close-knit, family friendly community. Its low crime rate, robust volunteerism,
active civic organizations, annual family and community events, small-scale buildings,
established downtown core, local businesses and local business owners who reside in the
community all contribute to the small town feel. The sense of belonging and strong community
ties are an important aspect of our quality of life in Prior Lake that will be preserved for the
future.
4646 Dakota Street SE
Prior Lake, MN 55372
ECONOMIC DEVELOPMENT AUTHORITY AGENDA REPORT
MEETING DATE: December 21, 2015
AGENDA #: 8A
PREPARED BY: Dan Rogness, Community & Economic Development Director
AGENDA ITEM: PROPOSED BYLAWS AMENDMENT
DISCUSSION: Introduction
At it’s last meeting the EDA adopted bylaw amendments regarding length of terms.
The purpose of this agenda item is to review and approved proposed amendments
to the EDA and EDAC Bylaws related to two sections: (1) removal of a member,
and (2) gifts and favors.
History
Major amendments to all board/commission bylaws were done in January of 2015
in order to make them all consistent and uniform. These new proposed amend-
ments relate specifically to the two topics noted above and are recommended by
the city attorney’s office.
Current Circumstances
Two sections of the Bylaws are proposed to be amended related to the removal
of EDA Commissioners or EDAC members, and related to exceptions for gifts and
favors. The language added to the “Removal of Member” section is intentionally
general in order to provide flexibility for each unique circumstance. This proposed
amendments below would be consistent for the EDA and EDAC Bylaws, except
that the EDAC Bylaws will refer to a 4/5 vote by the EDA to remove any EDAC
member.
3.6 REMOVAL OF MEMBER: Any member of the EDA may be removed from
office by a four-fifths (4/5) vote of the entire City Council for reasons including but
not limited to: (i) failure to attend a minimum of 75% of meetings; (ii) failure to
attend site visits/inspections; (iii) failure to review and understand agenda materi-
als; (iv) failure to participate in an appropriate and productive manner; (v) failure
to continue to meet any requirement set forth in Section 203; and (vi) failure to
comply with any provision of these bylaws or any federal, state or local rule or
regulation.
16.3 GIFTS AND FAVORS: No public official shall accept any gift, including
but not limited to money, real or personal property, services, loans, me-
mentos, food, beverages, or any other favor or thing, regardless of value,
from any interested person except as follows:
16.3.1 a contribution as defined in Minn. Stat. Section 10A.01, Subd. 11.
2
16.3.2 services to assist an official in the performance of official duties,
including but not limited to providing advice, consultation, infor-
mation, and communication in connection with legislation, and
services to constituents.
16.3.3 services of insignificant monetary value.
16.3.4 a plaque or similar memento recognizing individual services in a
field of specialty or to a charitable cause.
16.3.5 a trinket or memento costing $5 or less.
16.3.6 informational material of unexceptional value.
16.3.7 food or a beverage given at a reception, meal, or meeting away
from the recipient's place of work by an organization before whom
the recipient appears to make a speech or answer questions as
part of a program.
16.3.8 received:
(1) because of the recipient's membership in a group, a majority
of whose members are not local officials, and an equivalent gift is
given or offered to the other members of the group;
(2) by an interested person who is a member of the family of the
recipient, unless the gift is given on behalf of someone who is not
a member of that family; or
(3) by a national or multistate organization of governmental organ-
izations or public officials, if a majority of the dues to the organiza-
tion are paid from public funds, to attendees at a conference
sponsored by that organization, if the gift is food or a beverage
given at a reception or meal and an equivalent gift is given or of-
fered to all other attendees.
16.3.9 received in exchange goods or services of equal value.
Conclusion
The EDA should review and approve the proposed bylaws amendments, or sug-
gest alternative language.
ISSUES: These two areas of bylaws amendment will create consistency for the City Council,
EDA and all advisory committees.
FINANCIAL
IMPACT:
No direct financial impact related to these amendments.
ALTERNATIVES: 1. Motion and a second to adopt the proposed amendments to the EDA and
EDAC bylaws. The city council is the final authority for the EDA Bylaws
and will act on this proposal at their annual meeting on January 11, 2016.
2. Motion and a second to table action and direct staff to provide additional
information.
RECOMMENDED
MOTION:
Alternative #1
ATTACHMENTS: None
4646 Dakota Street SE
Prior Lake, MN 55372
ECONOMIC DEVELOPMENT AUTHORITY AGENDA REPORT
MEETING DATE: December 21, 2015
AGENDA #: 8B
PREPARED BY: Dan Rogness, Community & Economic Development Director
AGENDA ITEM: PRIOR LAKE ECONOMIC DEVELOPMENT AUTHORITY 2016 BUSINESS
PLAN
DISCUSSION: Introduction
The purpose of this agenda item is to begin to review and update the EDA Busi-
ness Plan, based in part on the new 2016 goals.
History
The EDA adopted its first business plan in 2012. The EDA most recently updated
the business plan in 2015 with the intention of reviewing and updating the plan
annually to reflect completed, ongoing and new initiatives.
Current Circumstances
The 2015 Business Plan was updated with the following major changes:
1. Short and Mid-Term Goals were added under the Purpose section, which
is taken from the 2040 Vision and Strategic Plan for Prior Lake.
2. The table at the top of page 3 was updated for the last row showing
achievement levels for 2011 through 2014 as compared to goals for jobs,
businesses and market value.
3. A broadband (community fiber network) initative was deleted under the
2015 Implementation Plan section; otherwise, others remained with a few
updates.
4. The EDA budget information on page 7 was updated.
5. The employment table on page 8 was updated.
Conclusion
The EDA should begin to review the updated 2016 Business Plan based on the
following goals for 2016. Year-end data to update various sections of the Plan will
not be available until early 2016, so the final version of the Plan will be brought
back later for EDA approval.
Guide and support the Technology Village Board of Directors and the Eco-
nomic Development Advisory Committee to achieve their goals and objectives.
Begin to plan and implement long-term recommendations provided in the 2015
Downtown Parking Analysis.
Identify key city support mechanisms related to the development of commer-
cial and industrial property in targeted areas of the City.
Work with SCALE to plan and implement county-wide initiatives, including
such things as workforce housing and development, a customer centric culture
and transportation planning.
2
ISSUES: In addition to the EDA’s 2016 budget resources, the City (with support of the EDA)
has other resources available to help achieve economic development goals and
objectives, including:
Business revolving loan accounts (approximately $212,500)
TIF 1-1 redevelopment fund (approximately $81,000)
Staff resources, including Frank Boyles, Dan Rogness, Casey McCabe,
and Don Uram
FINANCIAL
IMPACT:
See resources available under “Issues”.
ALTERNATIVES: Discussion Only
RECOMMENDED
MOTION:
N/A
ATTACHMENTS: 1. Approved 2015 EDA Business Plan
Page 1 of 9
“A Wonderful Place to Live, Work and Play for a Lifetime”
PRIOR LAKE ECONOMIC DEVELOPMENT AUTHORITY (EDA)
BUSINESS PLAN – 2015
May 26, 2015
Purpose
The City’s mission, as stated in 2040 Vision and Strategic Plan, is to “…enhance the quality of life for
citizens by providing quality services which result in a safe and healthy community; recreation and
leisure opportunities; preservation and effective use of lakes, parks and other natural resources;
economic vitality; and the promotion of partnerships, volunteerism and civic pride.” This business plan
will guide the Prior Lake Economic Development Authority (EDA) as it develops and implements
strategic initiatives in 2015 and beyond to 2020, 2030 and 2040.
Prior Lake encourages thoughtful and orderly economic and community development to provide retail
and services, employment opportunities, high quality residential and business development, and a
strong diverse tax base.
Short and Mid Term goals identified under the Eco nomic and Community Development Strategic
Element of the 2040 Vision and Strategic Plan include:
1. SHORT: Update Orderly Annexation Agreement with Spring Lake Township.
2. SHORT: Complete studies to update all development fees.
3. SHORT: Complete and adopt a study regarding downtown parking to identify location, number
of stalls, and funding.
4. SHORT: Implement Phase II Business Incubator.
5. SHORT: Take action to encourage tourism in accordance with RiverSouth objectives and citizen
preferences.
6. MID: Facilitate commercial growth in four areas: County Rd. 21/County Rd. 42; County Rd.
21/Hwy. 13 (Downtown District); Franklin Trail/Hwy. 13 (South Lake Village District); and
Adelmann/County Rd. 21.
7. MID: Complete update of City Comprehensive Plan.
8. MID: Acquire necessary properties to facilitate downtown parking and economic development
opportunities, and construct a parking lot or structure as recommended by the Downtown
Parking Study.
9. MID: Prepare a redevelopment plan including priorities, timelines and incentives for downtown
area and other underutilized property.
Page 2 of 9
Prior Lake is very desirable for many reasons, but the city needs an active and entrepreneurial entity
such as the EDA to work directly with new and existing businesses to fulfill Prior Lake’s vision as A
Wonderful Place to Live, Work and Play for a Lifetime. This business plan develops a framework for the
EDA, which will be reviewed and approved by the EDA and City Council annually.
Achievement Goals – Jobs, Businesses, Values and Taxes
Considering the city’s strengths and challenges, the following goals are established for Prior Lake
related to jobs, businesses and taxable market value increases. The “Base” figures are estimates based
on the past 10-year history of commercial and industrial development. These base projections assume
jobs and businesses will be added due to normal market demand. “New” goals show an increase in
jobs, new businesses and market value, over and above the historical average. These new goals assume
an increased public investment by the EDA and City Council (i.e., public financing assistance, business
accelerator program, public land sales, etc.). With increased public investment in commercial and
industrial development, the new goals show an estimated increase of 50% above the Base figures.
5-Year
Time
Periods
Base Jobs
Created
(Historical)
Plus
New Jobs
Created
Base
Businesses
Added
Plus New
Businesses
Added
Base Value
C/I Increase
(Historical)
Plus
New Value
Increase
2001-10
5-Year Avg. 235 XXX 10 XXX $17 M XXX
2011-2015 250 125 10 5 $20 M $10 M
2016-2020 350 175 15 8 $25 M $12 M
2021-2025 300 150 12 6 $22 M $11 M
2026-2030 300 150 13 6 $23 M $12 M
Total 2011+ 1,200 600 50 25 $90 M $45 M
Assumptions: 1. 2000-10 ‘Base’ information is based on city building permit activity reports for new commercial and
industrial construction, not including public facilities and multi-family rental housing
2. Annual increases in base jobs, businesses and value continue trends from 2000 -2010
3. Estimated increases due to Economic Development (‘New’) uses the Base times 1.5
Page 3 of 9
The following table shows progress to achieve job, business and C/I market value goals during four
years, including 2011, 2012, 2013 and 2014.
5-Year
Time
Periods
Base Jobs
Created
(Historical)
Plus
New Jobs
Created
Base
Businesses
Added
Plus New
Businesses
Added
Base Value
C/I Increase
(Historical)
Plus
New Value
Increase
2001-10
5-Year Avg. 235 XXX 10 XXX $17 M XXX
2011-2014
4-Yr. Goal
190 100 8 4 $16 M $8 M
2011-2014
Achieved
200 100 3 1 $1.5 M $0.7 M
Notes: 1. Job creation data is provided by MN DEED, QCEW Reports, Quarter 2, for 2011, 2012 , 2013 and 2014;
data is received from Unemployment Insurance reports by all businesses.
2. Business data is provided by MN DEED, QCEW Reports, Quarter 2, for 2011, 2012, 2013 and 2014.
3. Value data is provided by Prior Lake building permit reports for 2011, 2012, 2013 and 2014.
5-Year Time
Periods
Base Taxes
Created
(Historical)
Plus
E.D. Taxes
Created
Total
Estimated
New Taxes
City Portion
30%
Estimate
2000-10 Avg. x
5 Yrs. $85 K XXX $85 K $25.5 K
2011-2015 $100 K $50 K $150 K $45.0 K
2016-2020 $130 K $65 K $195 K $58.5 K
2021-2025 $120 K $60 K $180 K $54.0 K
2026-2030 $120 K $60 K $180 K $54.0 K
Total 2011+ $470 K $235 K $705 K $211.5 K
Assumptions: 1. Total city/county/school taxes is estimated using $3.50 per square foot of building space
2015 Implementation Plan
The following actions shall be accomplished during 2015 as key initiatives of the EDA. All initiatives can
work together to support a business community that is focused on technology and Prior Lake’s
strengths in entertainment and recreation.
1. Technology Village (Business Accelerator). The EDA completed Phase I of the business plan
for Technology Village to build out 2,000 square feet of leasable space in City Hall during 2013.
This space became fully occupied in 2013 with six technology businesses. Phase II of the
business plan was supported by the EDA in 2014 to include private office space throughout Prior
Lake which allowed more businesses to participate.
Accomplishment: Business accelerator space will strengthen Prior Lake as a place to start
and grow small software/technology businesses.
Page 4 of 9
Timeline: The EDA and Technology Village Board of Directors will continue to support full
occupancy of space in City Hall, expand the Phase II program to vacant office space within
the community, assist all program participants through referral and mentoring, and identify
a consultant to assist with the completion of a Phase III analysis to build upon the program
success and identify the best strategies for program expansion in Prior Lake and potentially
to other Scott County communities by 12/31/15.
Budget: $40,000 for Technology Village operations in EDA budget for 2015.
$25,000 for Phase III analysis ($12,500 from CDA EDI Grant and $12,500 in EDA
professional service for 2015).
Metrics: Sustained businesses/jobs at City Hall (6 businesses / 9 jobs) and growth within
other commercial buildings (3 businesses / 10 jobs).
2. Targeted Areas for Development. The EDA will help facilitate commercial development in
three targeted areas around highway intersections, including: (a) CH 21 / TH 13; (b) CH 21 / CH
42; and (c) CH 42 / TH 13. It will also help facilitate full development of the 50-acre Deerfield
Business Park (2/3 being vacant) and the 40-acre Welcome Industrial Park (1/10 being vacant).
The EDA will help establish an expedited platting and permitting process to assist in the timely
development of vacant property in these key areas. Redevelopment opportunities also exist in
certain locations, such as Welcome Avenue and downtown Prior Lake.
Accomplishment: The City will evaluate opportunities to expedite development of vacant
property within targeted locations in order to assist business opportunities.
Timeline: Complete a process to identify target areas and corresponding levels of public
support by 9/30/15.
Budget: Unknown.
Metrics: New business/job growth and retention, and tax base increase on the improved
industrial property, including an estimated 8 new businesses and 275 new jobs by 2020.
3. City Codes & Fees. The EDA completed a comprehensive analysis of city codes and fees in
light of making Prior Lake more “business friendly” with assistance from the EDAC and Planning
Commission. Amendments were made to the Industrial, Business Park and General Business
Use Districts as a start to changes to city regulatory standards.
Accomplishment: Prior Lake will be more business friendly by making changes to city codes,
fees and/or processes that help achieve development in Prior Lake.
Timeline: The EDAC and Planning Commission will finalize the evaluation of all Commercial
Use Districts and make preliminary recommendations to the EDA by 12/31/15.
Budget: Unknown.
Metrics: New business/job growth based on more business friendly codes and the
corresponding permit review process, all in support of the business and job figures
identified in 1-3 shown above.
4. Marketing of Prior Lake. The EDAC will provide a recommendation to the EDA related to a
marketing plan for Prior Lake. In addition, the City of Prior Lake will continue to participate in
the regional marketing effort known as RiverSouth.
Accomplishment: The City completed a new marketing packet (Community Profile); the EDA
provided financial support to a regional “RiverSouth” marketing effort with SMSC,
Canterbury, Valley Fair, Chambers, First Stop Shop, Shakopee, Savage and Scott County.
Page 5 of 9
Timeline: Complete a local marketing plan, and continue to support and participate with
RiverSouth marketing through 12/31/15.
Budget: Unknown
Metrics: New business/job growth and retention, and tax base increase on C/I property,
including an estimated 8 new businesses and 275 new jobs by 2020.
5. Building a Customer Centric City/EDA Culture. The Carlson School of Business conducted a
study of all seven cities in Scott County to determine the degree to which the processes,
regulations, attitudes embraced by the cities were in line with economic development. The
results were mixed. The approval process in many communities were long; no one person in
each organization was responsible for development from start to finish; and some attitudes
were regulatory versus problem solving in nature. The First Stop Shop has contracted with the
Carlson School of Business to conduct three workshops with an objective to simplify and
improve consistency across all cities for high-quality customer service.
Accomplishment: The City and EDA will participate in the workshops as scheduled.
Timeline: Complete the participation process and follow-up actions by 12/31/15.
Budget: Unknown
Metrics: Improved customer service as demonstrated by customer comments and
supplemental data gathering.
6. Downtown Parking. In 2014 the City of Prior Lake received an EDI Technical Assistance Grant
from the Scott County CDA to assist with the cost of completing a Downtown Parking Analysis.
The City of Prior Lake hired SRF Consulting Group, Inc. to complete a Downtown Parking Study
to build upon previous parking studies by identifying downtown sites that will best
accommodate future public parking demand, including structured parking facilities.
Accomplishment: The City and EDA will implement the short -term recommendations
identified in the study and begin working on the mid - and long term recommendations.
Timeline: Implement short-term objectives by 12/31/15.
Budget: Unknown
Metrics: Increased on and off-street parking availability for residents and visitors in
downtown Prior Lake.
Page 6 of 9
Unique Challenges for Prior Lake
1. Historical Investments in Commercial/Industrial Development. The city has invested much of
its public resources in supporting a healthy and vibrant residential lake community, which has
been very successful. Residential property values are well above average as a result, but the
value of commercial/industrial (C/I) property is below average. For example, Prior Lake’s
percent of C/I market value showed a small increase from 4.36% in 2002 to 4.84% in 2011. This
compares to an increase in Savage from 9.85% to 15.07% during that same time period.
2. Direct Access to Major Principal Arterial Transportation Systems. Prior Lake’s location outside
of the metro’s major highway system results in limited access to Interstate, US and State
Highways. Businesses look elsewhere when highway access is important. Important
improvements have occurred recently on County Highway 21 north and east, resulting in much
better access to and from Prior Lake. In addition, rail service is absent in Prior Lake, and there
is limited high-speed fiber network throughout the city to help compensate for its lack of
highway and rail infrastructure.
3. Pad-Ready Commercial/Industrial Sites. Prior Lake has a healthy overall supply of property
guided for commercial, business park, and industrial development. However, a very small
percentage of that designated land can be made ready for development within 30-90 days,
which is considered to be pad-ready. Prior Lake has approximately 115 acres of vacant
commercial property with only 12 acres being pad-ready (10%). The city has approximately 60
acres of vacant business park/industrial property with only 15 acres being pad-ready (25%).
4. Strong Corporate Business Identity or Focus. Prior Lake is home to the county’s largest
employer, Mystic Lake Casino and Hotel. However, Prior Lake seems to share Mystic’s “home”
location with Shakopee based on public perception.
5. Direct Business Connection or Link to the Lakes. Prior Lake is known for its fourteen lakes as an
extremely important asset for city residents. However, it has very little lake connections for the
business community. With one restaurant currently under construction and few commercial
marinas located here, Prior Lake could benefit from additional commercial opportunities
related to the lakes.
Summary of Funding Needs and Resources
Budget Premise: The following key premises are accepted by the EDA for future budgeting:
Support one-half of the Community & Economic Development Director position.
Support one-half of the Community Development Specialist position.
Provide other necessary operational expense support (e.g., legal, communications, training).
Utilize professional services to move certain initiatives forward to implementation.
Maintain a reserve balance allowing the EDA to be entrepreneurial in assisting C/I growth.
Page 7 of 9
Economic Development Resources. The EDA has evaluated funding resources that are available and
necessary to assist businesses and help it achieve economic development objectives. Example
resources include tax increment financing, revolving loan funds, and the EDA budget. The EDA will use
current resources shown below to assist businesses, and it has established a more permanent funding
source for EDA operations starting in 2013.
2015 EDA Special Revenue Fund Budget $ 188,595
Business Revolving Loan Fund (Federal) $ 117,500
Business Revolving Loan Fund (State) $ 91,200
TIF District 1-1 Excess Increment $ 77,000
TOTAL $ 474,295
2015 EDA Budget (Approved):
Expenses = $188,595 ($189,170 in 2014)
Staff salary/benefits @ 1.0 FTE ($119,255);
Professional services ($22,000) for planning and/or assistance;
Legal/training/misc. ($7,915);
Business accelerator operations ($40,000).
Revenue = $188,595
$159,000 EDA tax levy
$22,095 EDA reserves
$7,500 Other ($6,000 accelerator leases + $1,000 revolving loan admin. +
+ $500 interest earnings)
Reserve Balance 12/31/14 = $144,200
2016+ Future Projected EDA Budgets:
Expenses = $195,000
Staff salary/benefits ($125,000);
Professional services ($22,500);
Legal/training/misc. ($7,500);
Business accelerator operations ($40,000).
Revenue = $195,000
$175,000 EDA tax levy
$7,500 accelerator leases
$2,000 SAC loan repayments
$500 interest
Employment
With job and employment growth being key factors for economic development success, it is important
to understand the current status within Prior Lake. Data from the Metropolitan Council and the
Page 8 of 9
Minnesota Department of Employment and Economic Development (DEED) show the following
employment and business characteristics for 2013. City staff has estimated the number of total
employees that work for the Shakopee Mdewakanton Sioux Community (SMSC).
Industry Employees Percent SMSC Est.
Construction 443 5.4% 25
Trade, Transportation and Utilities 526 6.4% 50
Information 64 0.8%
Financial Activities 306 3.7% 25
Professional and Business Services 459 5.6% 50
Education and Health Services 1,047 12.8% 25
Leisure and Hospitality 3,677 45.0% 3,500
Other Services 540 6.6% 325
Public Administration 965 11.8%
Other 146 1.8%
TOTAL EMPLOYEES 8,173 100% 4,000
Industry Establishments Percent
Construction 88 16.8%
Trade, Transportation and Utilities 88 16.8%
Information 10 1.9%
Financial Activities 67 12.8%
Professional and Business Services 106 20.2%
Education and Health Services 59 11.3%
Leisure and Hospitality 29 5.5%
Other Services 56 10.7%
Public Administration 4 0.8%
Other 17 3.2%
TOTAL BUSINESS ESTABLISHMENTS 524 100%
Notes: Data is provided by MN DEED, QCEW Reports, Quarter 2, for 2014; data is received from Unemployment Insurance
reports by all businesses.
Measuring Success (Metrics)
The EDA will develop performance measurements that allow continuous reporting on important
aspects of its services, programs and processes. The use of metrics is being utilized for all city
operations in Prior Lake beginning in 2012, and therefore, metrics will be incorporated into the E DA
Business Plan. To begin this process, the following key economic development objectives are being
identified and prioritized one through five:
1. Assist in the creation of desirable employment opportunities for the citizens of Prior Lake;
2. Identify opportunities where the EDA can assist in attracting and developing new businesses
within the community;
3. Provide the necessary support mechanisms to retain/aid the expansion of existing businesses;
4. Broaden and diversify Prior Lake’s tax base; and
Page 9 of 9
5. Develop a foundation which will establish Prior Lake as a community full of economic
opportunity now and well into the future by embracing the motto; Prior Lake: A
Wonderful Place to Live, Work and Play for a Lifetime.
In order to measure progress toward achieving these objectives, the following metrics will be used for
measurement purposes; all measures will be done annually:
Track building permits issued for commercial/industrial projects; determine business and job
growth that may tie to each permit.
Track residential permits and remaining lot inventory.
Track lease inventory of available commercial/industrial building space; determine business and
job growth that may tie to newly leased space.
Track business membership with the local Chamber of Com merce in order to assess additional
business and job growth.
Track change in commercial/industrial market value using County data.
Track the number and acreage of pad-ready commercial/industrial sites.
Track zoning permit approval process associated with commercial/industrial projects.
Looking Ahead – 2020 and 2030
2015-2020 Timeframe Goals:
1. Continue the successful implementation of a Technology Village Business Accelerator
program in partnership with existing commercial office building owners in Prior Lake,
and develop a plan to expand this to a larger Technology Village campus.
2. Encourage the full build-out of a community-wide (ultra-high-speed) fiber optic network
system to all residents and businesses in Prior Lake in cooperation with Integra.
3. Work in partnership with major property owners in the targeted areas to implement an
expedited platting/permitting process for new commercial and industrial development.
4. Work in partnership with property owners in the Deerfield and Welcome Ave. industrial
areas to fully develop these areas to their maximum potential.
5. Implement actions necessary to redevelop key opportunity sites in Prior Lake.
2021-2030 Timeframe Goals:
1. Continue to implement and expand upon all stages of economic development strategies
that were underway from 2015-2025.
2. Successfully attain a strong business presence within the Twin Cities as a community full
of smaller high technology that have built their home base around a place with
numerous amenities and a desirable lifestyle.
3. Complete all supporting infrastructure improvements that results in over 100 acres
being developed as commercial and business park uses.
4. Develop plans for the expansion of commercial and industrial development in the
Southwest annexation area of Spring Lake Township.
5. Achieve key redevelopment objectives within the city related to the downtown area and
other priority redevelopment sites.
4646 Dakota Street SE
Prior Lake, MN 55372
ECONOMIC DEVELOPMENT AUTHORITY AGENDA REPORT
MEETING DATE: December 21, 2015
AGENDA #: 8C
PREPARED BY: Casey McCabe, Community Development Specialist
AGENDA ITEM: 2016 EDI GRANTS - SCOTT COUNTY CDA
DISCUSSION: Introduction
The purpose of this agenda report is to discuss the EDA’s level of interest in sub-
mitting a Technical Assistance application to the Scott County CDA for the 2016
Economic Development Incentive (EDI) Grant Program.
History
The City of Prior Lake has previously been awarded three Technical Assistance
Grants from the Scott County CDA. The first grant was used to evaluate a broad-
band fiber to the home network, the second grant was used to complete a downtown
parking analysis and the third grant was awarded to assist with costs related to a
Technology Village program analysis and expansion study.
Current Circumstances
The Scott County CDA will have $340,000 available to help projects move forward
that will promote economic development throughout Scott County and the CDA is
expected to distribute 2016 EDI grant application materials soon. The grant pro-
gram will be very similar to the last two years with two different categories:
1. Corridor Readiness - which are projects intended to maximize development
and/or redevelopment opportunities and the investment of capital within the top
ten commercial corridors as established by the SCALE Transportation and Eco-
nomic Development Committee. The match will remain 2:1 ($2 of CDA money
to each $1 of match money).
2. Technical Assistance - which are projects that will enhance economic develop-
ment activities with the goal of achieving new job creation in Scott County. The
match will remain 1:1 ($1 of CDA money to each $1 of match money).
Conclusion
The EDA budget for 2016 is expected to be approved on December 21, 2015. The
City of Prior Lake has utilized EDA Professional Services in the past as matching
funds. The 2016 EDA Professional Services budget is proposed at $24,350. Of this
amount, $15,000 will be used for the city’s annual SCALE fee, leaving a balance of
$9,450.
Staff is requesting the EDA discuss whether or not they wish to pursue a Technical
Assistance grant in 2016 with the understanding that CDA grant funds must be
matched 1:1. If the EDA wishes to pursue a Technical Assistance Grant in 2016,
the EDA should discuss which economic development initiatives it wishes to move
forward in 2016 and provide direction to staff. The previous year’s guidelines are
attached since the current version is not yet available.
Some ideas for funding include:
1. Analysis of ROW needs and potential mid-term parking at the northwest cor-
ner of the Highway 13/21 intersection.
2. Soil testing in areas for Arcadia to extend south of Colorado Street.
3. Analysis associated with the possible acquisition of remaining single family
houses within the downtown commercial area.
4. Evaluation to consider the possible relocation of the existing stormwater
pond at the northeast corner of the Highway 21 and Arcadia intersection in
order to provide a new commercial building site in a key downtown location.
5. Plan and cost estimates for reconstructing the city’s downtown Colorado
parking lot and/or completing the downtown streetscape improvements in
the south downtown area.
ISSUES: If the City of Prior were awarded a 2016 Technical Assistance Grant, it is assumed
the majority of the EDA’s professional services funds would need to be allocated as
matching funds. A City Council resolution in support of the EDI Program grant ap-
plication is required for submittal.
FINANCIAL
IMPACT:
The EDA’s 2016 Professional Services budget is $24,350, of which, $15,000 has
already been allocated to SCALE.
ALTERNATIVES: 1. Provide direction to staff related to the 2016 Scott County CDA Economic De-
velopment Incentives Grant Program.
2. Take no action and continue discussion at a future meeting.
RECOMMENDED
MOTION:
ATTACHMENTS:
Alternative #1
1. EDI Application Guidelines (new version not yet available)
i
Economic Development Incentive Grant Program
Request for Proposals Guide and Application (2014)
I. PURPOSE
The Economic Development Incentive Grant Program (the “EDI Program”) was created
and funded by the Scott County Community Development Agency (CDA) in March
2014. The goals of the EDI Program are to facilitate the creation of jobs, increase the tax
base and improve the quality of life in Scott County through two specific strategies:
Corridor Readiness and Technical Planning Assistance.
Corridor Readiness. This program is intended to assist communities in
completing land use, transportation and environmental studies that are intended to
maximize development and/or redevelopment opportunities and the investment of
capital within the top ten commercial corridors as established by the SCALE
Transportation and Economic Development Committee.
Technical Assistance. This program is intended to provide funding for those
projects that will enhance economic development activities with the goal of
achieving new job creation in Scott County.
II. PROGRAM INFORMATION
Funding Available: $340,000 is available in 2014 for grants provided under the EDI
Program. In 2014, $250,000 in funding shall be set aside for the Corridor Readiness
Program and $90,000 shall be set aside for the Technical Assistance Program.
Eligible Applicants: Eligible applicants for this program are cities and townships within
Scott County. Applicants may apply annually for funding in each program category.
Applicants may also be eligible to receive a grant award in each program category. In the
event the grant program is continued into subsequent years, applicants will not be eligible
to receive funding within either program category for more than two consecutive years.
Application Instructions: It is the applicant’s responsibility to be aware of the
submission requirements needed to prepare a complete application in accordance with
this guide. The application consists of the EDI Program application form and all required
attachments. The application form is available on the CDA website: www.scottcda.org.
The applicant shall submit an executed original application and four (4) photocopies of
the application. The application must be received no later than 4:00 p.m. on Monday,
June 2, 2014, at the Scott County CDA, Attn: Bill Jaffa, Executive Director- 323 South
Naumkeag, Shakopee, Minnesota 55379.
ii
Applications determined by the CDA to be incomplete or not legible will not be accepted
and will be returned to the applicant. No applications, attachments or documentation will
be accepted after the application due date unless requested by the CDA. Applications
will not be accepted by facsimile. The CDA retains the right to reject in whole or in part
any application for any reason.
Contact Bill Jaffa, (952) 402-9022 or bjaffa@scottCDA.org if you require assistance with
submitting your application.
III. CORRIDOR READINESS GRANTS
Maximum Award per project: $125,000
Local Match: 50% (for every dollar of grant award applicant must provide $0.50).
* Local cash match of 0.50:1 is required and does not include in-kind staff time.
Project Completion Date: Project must be completed within one year of grant award.
Distribution of Grant Funds: Grant reimbursement requests shall be processed on a
quarterly basis. Reimbursement requests must be accompanied by appropriate
documentation including paid invoices for work completed. Twenty-five percent of the
grant award shall be retained by the CDA and disbursed upon completion of final project
report summarizing work completed and project outcomes.
Program Description: Corridor Readiness grant funding shall be use for those activities
which will result in providing clarity and resolution to unknown environmental,
development, transportation or related impact to existing systems (i.e. water, sewer, storm
water, wetland, roadways). Eligible funding activities shall also include those directly
related to a development/redevelopment project (e.g., market analysis, concept
development, site design, zoning studies, engineering studies, and environmental studies)
to be developed as part of an overall development or redevelopment plan.
Eligible Activities:
1. Land Use Studies
2. Traffic Studies
3. Environmental Studies (EAW, AUAR, EIS)
4. Wetland Studies
5. Storm Water Analysis
6. Water and Sewer Studies
iii
Ineligible Activities: Corridor Readiness Grant funds cannot be used toward the
following project activities:
1. Costs not included in the application
2. Local administration expenses or overhead, including time
and application fees paid to the city
3. Equipment
4. Capital improvements
5. Property acquisition and/or relocation expenses
6. Building Demolition
Threshold Criteria: Applicants must first meet the threshold criteria to be considered
for funding.
1. Proposed activities must be located within one of the ten transportation corridors
as established by the SCALE Transportation and Economic Development
Committee (See Exhibit A).
2. Application must be approved by the respective city council or township by
resolution that includes the Required Resolution Provisions (attached).
3. Application must demonstrate a minimum leverage rate of 0.50 to 1 ($0.50 of
other funds for every $1 of Corridor Readiness Grant).
Competitive Criteria: If the application meets all threshold criteria, the application will
then be reviewed and ranked on the following competitive criteria.
1. Economic Benefit. The project should have a defined impact on the local
economy. This impact is measurable through potential growth in property taxes
and new and/or retained Livable Wage Jobs ($14.00 per hour). [15 Maximum
Points]
2. Leverage. Applications may include a variety of other funding sources committed
to the project, or a higher percentage of match from the applicant. Evidence of
funding commitments must be submitted with application. [15 Maximum Points]
3. Readiness to Proceed. The applicant should demonstrate that a development
project has a strong likelihood to proceed with the identified project upon funding
award (e.g. letters of intent, conditional site control). [15 Maximum Points]
4. Environmental Improvement. Plans that will clean-up, prevent and protect from
environmental hazards are encouraged. Applicants should work with state
agencies and professional consultants to identify the optimum remedy and create
sustainable redevelopment. [5 Maximum Points]
iv
IV. TECHNICAL ASSISTANCE GRANTS
Maximum Award per project: $30,000
Local Match: 100% (for every dollar of grant award applicant must provide $1.00)
* Local cash match of 1:1 is required and does not include in-kind staff time.
Project Completion Date: Project must be completed within one year of grant award.
Distribution of Grant Funds: Grant reimbursement requests shall be processed upon
receipt of a final project report. Final project report shall include appropriate
documentation including paid invoices for work completed.
Program Description: The Technical Assistance program is intended to provide
funding for those projects that will enhance economic development activities with the
goal of achieving new job creation in Scott County.
Eligible Activities:
1. Local or Regional Marketing Programs
2. Creation of local business subsidy programs
3. Completion of studies necessary to promote and enhance
economic development opportunities
4. Local Business Surveys
5. Creation of development incentive programs
6. Projects that are consistent with the Unified Economic
Development, Land Use and Transportation Plan Charter
goals and objectives and the work plan
Ineligible Activities:
1. Costs not included in the application
2. Local administration expenses or overhead, including time
and application fees paid to the city
3. Equipment
4. Capital improvements
5. Property acquisition and/or relocation expenses
6. Building Demolition
Threshold Criteria: Applicants must first meet the threshold criteria to be considered
for funding.
1. Application must be approved by the respective city council by resolution that
includes the Required Resolution Provisions (attached).
2. Application must demonstrate a minimum leverage rate of 1 to 1 ($1 of other
funds for every $1 of Technical Assistance Grant).
v
Competitive Criteria: If the application meets all threshold criteria, the application will
then be reviewed and ranked on the following competitive criteria.
1. Economic Benefit. The project should have a defined impact on the local
economy. This impact is measurable through growth/projected growth in
property taxes and new and/or retained Livable Wage Jobs ($14.00 per hour).
[15 Maximum Points]
2. Project Understanding. Applications should be consistent with the overall goals
and objectives of the SCALE Unified Economic Development, Land Use, and
Transportation Plan Charter. Projects should promote and parallel the outcomes
of the greater SCALE effort. [15 Maximum Points]
3. Transferability. The ability to replicate or apply either the project itself or the
information collected from the project to other communities. [10 Maximum
Points]
4. Innovation. New or innovative projects to enhance economic development are
encouraged. [10 Maximum Points]
V. SELECTION
Applications will be reviewed by a selection committee designated by CDA staff.
Applications must be complete and received at the CDA by the due date. Applications
meeting the threshold criteria and scoring highly on the competitive criteria will be
submitted to the CDA Board of Commissioners for approval. After selection and
approval by the CDA Board of Commissioners, the CDA will issue a letter of
commitment and enter into a grant agreement with the city.
VI. GRANT AGREEMENT
CDA staff will work with the city and enter into a Grant Agreement. This agreement will
detail the terms and conditions of the grant and allow for the release of funds to the city.
The grant agreement will require funds to be spent within 12 months of the date of the
agreement. Waivers and extensions to any provision in the agreement requested by the
grantee will be considered on a case by case basis depending on the merits of the request.
Grants will be paid on a reimbursement basis. Grantees will be required to submit semi-
annual progress reports to the CDA.
REQUIRED RESOLUTION PROVISIONS
WHEREAS, the City of has identified a proposed project within the City that meets
the Scott County Community Development Agency (CDA) Economic Development Incentive Grant
program’s purposes and criteria; and
WHEREAS, the City has established a Development or Redevelopment Plan of which the proposed
project is a component; and
WHEREAS, the City has the capability and capacity to ensure the proposed project be completed and
administered within the Economic Development Incentive Grant program guidelines; and
WHEREAS, the City has the legal authority to apply for financial assistance; and
WHEREAS, the City is supportive of enhancing economic development opportunities that will serve to
create jobs, enhance the tax base and improve the lives of Scott County residents.
NOW THEREFORE BE IT RESOLVED that the City of approves the
application for funding from the Scott County CDA Economic Development Incentive Grant program.
BE IT FURTHER RESOLVED that upon approval of its application by the Scott County CDA, the
[insert authorized official’s name] , the [insert authorized official’s title] , is
hereby authorized to execute such agreements as are necessary to receive and use the funding for the
proposed project.
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