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HomeMy WebLinkAbout05 15 2017 EDA Minutes Phone 952.447.9800 / Fax 952.447.4245 / www.cityofpriorlake.com 4646 Dakota Street SE Prior Lake, MN 55372 Economic Development Authority Meeting Minutes May 15, 2017 1. CALL TO ORDER President Chromy called the meeting to order at 4:00 p.m. Present were Chromy, Briggs, Braid and Boucher- Hoese. Also present were Executive Director Boyles and Community Development Director McCabe Chromy: welcomed Marie Boucher-Hoese to the EDA. 2. APPROVAL OF AGENDA MOTION BY BRIGGS, SECONDED BY BRAID TO APPROVE THE AGENDA. Ayes by Chromy, Briggs, Braid and Boucher-Hoese. The motion carried 4-0. 3. APPROVAL OF MEETING MINUTES MOTION BY BRAID, SECONDED BY BRIGGS TO APPROVE THE APRIL 17, 2017 MEETING MINUTES. Ayes by Chromy, Briggs and Braid. The motion carried 3-0 with Boucher-Hoese abstaining as she was not in attend- ance. 4. CONSENT AGENDA A. EDA 2017 Revenue & Expenditure Report (4/30/17) B. Development Update (4/30/2017) Following a discussion of pending low and high-density residential projects, MOTION BY BRIGGS, SECONDED BY BRAID TO APPROVE THE CONSENT AGENDA AS SUBMITTED. Ayes by Chromy, Briggs, Braid and Bou- cher-Hoese. The motion carried 4-0. , 5. REMOVED CONSENT AGENDA ITEMS No items were removed from the Consent Agenda 6. PUBLIC HEARING No Public Hearings 7. OLD BUSINESS A. EDA Goals During the April 17, 2017 meeting, EDA commissioners proposed revisions to the 2017 EDA Goals. The Commissioners reviewed the updated goals during the May 15th meeting and further revised them as follows: 1. Continue to guide the Economic Development Advisory Committee and support the Technology Village Board of Directors as they implement the recommendations of the Technology Village program analysis and expansion plans, including expansion opportunities within Scott County. 2. Make recommendations and provide strong input to the Prior Lake City Council and Scott County Board related to proposed improvements to the CH21 road corridor, specifically CH82 to Franklin Trail, as it relates to potential impacts or benefits on economic development and redevelopment activities. 3. Establish a process and plan to target resources for economic opportunities that provide significant ben- efits to Prior Lake, including property acquisition and direct support to commercial and industrial devel- opment. Provide a graphic showing the city owned downtown properties and their usefulness for eco- 2 nomic development and redevelopment activities and identify additional properties for strategic acquisi- tion within the five commercial areas identified by the EDAC ; including: Deerfield/Welcome; Downtown; Commerce Avenue; Gateway; and South Lake Village. 4. Conduct a meeting with the Scott County CDA First Stop Shop for the purpose of identifying reciprocal goals. 5. Conduct an annual meeting with the Scott County CDA First Stop Shop, the Prior Lake City Council and the Prior Lake Planning Commission. The revised goals will be reviewed with the City Council during the joint City Council/EDA Meeting on May 22, 2017. The EDA will ask the Council to approve the revised goals during a future City Council meeting. MOTION BY BRIGGS, SECONDED BY BRAID TO DIRECT STAFF TO INCLUDE THE 2017 GOALS AS AMENDED BY THE EDA ON THE MAY 22, 2017 JOINT MEETING AGENDA WITH THE CITY COUNCIL. Ayes by Chromy, Briggs, Braid and Boucher-Hoese. The motion carried 4-0. B. Joint EDA / City Council Meeting Agenda Approval During the April 17, 2017 meeting, EDA commissioners identified potential discussion topics for the joint EDA/City Council work session on May 22, 2017. Commissioners reviewed the proposed agenda topics and recommended the removal of the Technology Village related agenda item. Braid: recommended the agenda include a review of the EDAC Commercial Liaison areas of the community. EDA Members: felt the primary purpose of the meeting should be to review the incentives policy to understand what incentives are available, to provide a better understanding of the benefits of the incentive programs, and reach a philosophic agreement on which incentive programs should be used and on what types of projects should incentives be considered. Briggs: recommended EDA President Chromy lead the joint City Council / EDA meeting. EDA Members: finalized the following meeting agenda: 1. Revised EDA Goals a. Review and Discuss the Revised 2017 EDA Goals 2. Five Commercial Areas of Prior Lake 3. Business Incentives Discussion a. Business Subsidies Policy i. Wage and Employment Goals b. Business Incentives Report i. Available Incentives in ‘Tool Box’ ii. Prior Lake’s Historical Use and Status of Business Incentives MOTION BY BRAID, SECONDED BY BRIGGS TO APPROVE THE AGENDA TOPICS AS IDENTIFIED BY THE EDA FOR THE MAY 22, 2017 JOINT EDA/CITY COUNCIL MEETING. Ayes by Chromy, Briggs, Braid and Boucher-Hoese. The motion carried 4-0. C. Joint EDA / Planning Commission Meeting Agenda Approval EDA Members: discussed potential discussion topics for a joint EDA/Planning Commission meeting. Potential topics included, what is the EDA’s role in rezoning of commercial property and what is the EDA’s role in retaining commercial and industrial property. EDA members supported a discussion related to the commer- cial and industrial land designated in the Comprehensive Plan, commented on previous variances or other accommodations for commercial projects, discussed what types of commercial/industrial development should 3 be encouraged or discouraged, requested an overview of city-owned land and its purpose and information related to the availability of vacant commercial and industrial land versus demand. EDA Members: felt the joint meeting agenda should include topics related to defining the role of the EDA and Planning Commission related to commercial development, a discussion on the Comprehensive Plan update to ensure a sufficient supply of commercial and industrial property in the Land Use Plan, and share the five commercial areas of the community with the Planning Commission. MOTION BY BRIGGS, SECONDED BY BOUCHER-HOESE TO APPROVE THE AGENDA TOPICS AS IDENTIFIED BY THE EDA FOR THE MAY 22, 2017 JOINT EDA/PLANNING COMMISSION MEETING. Ayes by Chromy, Briggs, Braid and Boucher-Hoese. The motion carried 4-0. 8. NEW BUSINESS A. None. 9. OTHER BUSINESS A. Commissioner Comments Chromy: reminded the commissioners that beginning in August, the EDA meeting date will change from the third Monday of each month to the second Monday of each month. Chromy: informed the commissioners that he met with Lloyd Erbaugh, Chair of the EDAC, a nd the EDAC is seeking direction from the EDA. Mr. Chromy informed Mr. Erbaugh that the EDA will be in a better position to provide direction to the EDAC after the EDA receives direction from the City Council during the May 22 nd meeting. Mr. Chromy expressed appreciation for the work of the EDAC, particularly in their business retention efforts through the commercial area liaison program. Briggs: commented on the desire of some downtown property owners to hold events which attract a wider variety of customers to the downtown area, such as street events and music. Mr. Briggs suggested the EDAC may be able to play a role in the coordinating of those events. Briggs: informed the commissioners that a CH21 corridor meeting will be held on June 7th with approximately 20 attendants and there will be an open house event on this topic on June 29 th. Braid: recommended the EDA invite a representative(s) of the Jeffers Foundation to a future EDA meeting, potentially in July, to provide an opportunity for the EDA to initiate a process to develop a plan acceptable to the property owners and surrounding residents to move forward with development of the property at the intersection of CH21 and CH42. 10. ADJOURNMENT MOTION BY BOUCHER-HOESE, SECONDED BY BRIGGS TO ADJOURN THE MEETING. With all in favor, the meeting adjourned at 5:57 p.m. ___________________________ Frank Boyles, Executive Director