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HomeMy WebLinkAbout01 22 2018 EDA Agenda Packet FULL 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 Monday, January 22, 2018 – 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\2018\January 22, 2018 1. CALL TO ORDER 2. APPROVAL OF AGENDA 3. APPROVAL OF MEETING MINUTES A. December 11, 2017 4. CONSENT AGENDA A. B. Development Update (12/31/2017) EDA Revenue & Expenditure Report (12/31/17) 5. REMOVED CONSENT AGENDA ITEMS 6. PUBLIC HEARINGS A. No Public Hearings Scheduled 7. OLD BUSINESS A. None 8. NEW BUSINESS A. B. C. D. First Stop Shop Discussion Staff Updates (verbal report) i. Downtown Lease Agreements ii. Deerfield Business Park Association Monument Sign City of Prior Lake Property Ownership Construction Projects Business Impact Game Plan 9. OTHER BUSINESS A. Commissioner Comments 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 under 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 December 11, 2017 1. CALL TO ORDER PRESIDENT CHROMY called the meeting to order at 4:00 p.m. Present were Chromy, Briggs, Braid, Sheehan- Kerber and Boucher-Hoese. Wade Larson, member of the Business Engagement Committee (BEC) was present and Kim Prchal, BEC Chair joined the meeting at 4:57p.m. Also present were Executive Director Boyles, Com- munity Development Director McCabe and Planner Schwabe. 2. APPROVAL OF AGENDA MOTION BY SHEEHAN-KERBER, SECONDED BY BOUCHER- HOESE, TO APPROVE THE AGENDA. Ayes by Chromy, Briggs, Braid, Sheehan-Kerber and Boucher-Hoese. The motion carried 5-0. 3. APPROVAL OF MEETING MINUTES MOTION BY BRIGGS, SECONDED BY BRAID, TO APPROVE THE NOVEMBER 13, 2017 MEETING MINUTES. Ayes by Chromy, Braid, Briggs, Sheehan-Kerber and Boucher-Hoese. The motion carried 5-0. 4. CONSENT AGENDA A. Development Update (11/30/2017) BRAID questioned the percentage increase for commercial permits in 2017 over 2016. MCCABE stated that the number of commercial building permits issued in 2017 is approximately 140% higher than in 2016. MOTION BY SHEEHAN-KERBER, SECONDED BY BOUCHER-HOESE, TO APPROVE THE CONSENT AGENDA. Ayes by Chromy, Briggs, Braid, Sheehan-Kerber and Boucher-Hoese. The motion carried 5-0. 5. REMOVED CONSENT AGENDA ITEMS None 6. PUBLIC HEARING No Public Hearings 7. OLD BUSINESS None 8. NEW BUSINESS A. Advisory Committee Appointments MCCABE provided an overview of the Technology Village Board of Directors and the Business Engagement Committee. BRAID currently serves as the EDA liaison on the Technology Village Board of Directors and BRIGGS currently serves as the EDA liaison to the Business Engagement Committee (BEC). BRIGGS stated he has enjoyed serving as the liaison to the BEC and would be happy to continue to remain on the committee in 2018; however, he would be open to others who may be interested in stepping in. 2 BRAID shared that Technology Village has a good board and he is willing to serve again in 2018 unless another member is interested in that role. SHEEHAN-KERBER and CHROMY offered to serve as respective substitutes to the Technology Village Board of Directors and the Business Engagement Committee. MOTION BY SHEEHAN-KERBER SECONDED BY BRAID, TO APPOINT BRIGGS AS THE LIAISION TO THE BUSINESS ENGAGEMENT COMMITTEE IN 2018. Ayes by Chromy, Briggs, Braid, Sheehan-Kerber and Bou- cher-Hoese. The motion carried 5-0. MOTION BY CHROMY SECONDED BY BRIGGS, TO APPOINT BRAID TO SERVE ON THE TECHNOLOGY VILLAGE BOARD OF DIRECTORS IN 2018. Ayes by Chromy, Briggs, Braid, Sheehan-Kerber and Boucher- Hoese. The motion carried 5-0. B. First Stop Shop Prior Lake Pitch MCCABE explained the Vierling Family Property marketing material produced by Stacy Crakes and Jo Foust with the Scott County First Stop Shop. Following a meeting with the property brokers, Crakes and Foust offered to produce the marketing packet which was included in the EDA meeting packet for commissioner review. BRIGGS suggested the EDA review the marketing materials and discuss if there are elements of the packet that the EDA would like highlighted further. SHEEHAN-KERBER asked if the packet previously produced by the EDAC, now known as the BEC, is similar to the First Stop Shop information packet. MCCABE stated some of the materials are similar and shared information about the printed marketing materials which were created in 2014 based on direction from the BEC. The intent at that time was to create one document that summarized Prior Lake information including: population, school district, housing, etc. He explained that the City now has that information available online. Discussion occurred regarding information necessary to appropriately market the City including but not limited to the City History, events, assistance opportunities and state of current condition. BOYLES stated that First Stop Shop produces marketing information on a regular basis and it may be beneficial to have Ms. Crakes and Ms. Foust attend an upcoming EDA meeting to present information to the EDA. BRIGGS, in addition, suggested a joint BEC/EDA meeting to review the existing Community Profile marketing materials and make necessary updates, including information collected from the community survey, after meeting with the First Stop Shop staff. EDA MEMBERS directed staff to invite Ms. Crakes and Ms. Foust from the First Stop Shop to the January 2018 EDA meeting. C. Staff Updates (verbal report) MCCABE shared that the Technology Village Fast Track Business Challenge has been selected as Program of the Year by the Economic Development Association of Minnesota. The award announcement will not be made official until the awards ceremony, which will be held on January 18, 2018. 3 MCCABE discussed the Celebrate Prior Lake website produced by Mike Stout of Tamarack Consulting, which is a for-profit website that highlights the businesses in Prior Lake and surrounding area. He encouraged EDA mem- bers to view the website if they have not had an opportunity to do so. BRIGSS stated that he has met with Mr. Stout regarding the Celebrate Prior Lake website. CHROMY shared that he is familiar with the Celebrate Prior Lake website. Discussion followed regarding existing avenues and possible future endeavors to market Prior Lake effectively. CHROMY shared that the drone flyover video of the Vierling property was very interesting. MCCABE will forward the video to the EDA members. BRAID suggested the video from the City of Alexandria related to a planned road project that began in 2013 which documented the process and experience the businesses had during that project be sent to the BEC and EDA. BOYLES stated Staff will share the City of Alexandria video with the BEC and EDA. D. Business Climate and Economic Vitality Discussion (verbal report) BOUCHER-HOESE shared concerns about potential impacts to downtown businesses because of the HWY13/CR21 intersection improvement project. She stated that conversations should be happening now regard- ing how to prepare and assist. She also expressed a concern that there appears to be a saturation of similar businesses in the downtown currently and recommended the city identify opportunities to diversify the types of businesses in the downtown. BRIGGS stated the BEC liaisons have helped to keep a better pulse on the business climate. He continued by sharing that the City would benefit greatly from being more aware and attentive to the current business climate to best assist businesses during the intersection improvement project. CHROMY commented on the increasing level of commercial development recently and added there is approxi- mately 180,000 sq. ft. of additional grocery/retail space in Scott County than there was this time last year and what businesses need are more customers. BRIGSS questioned if the BEC could assist with more regular visits to the commercial business areas. PRCHAL indicated that making quarterly liaison visits may be difficult for the BEC since the commercial liaison program is only in its second year; however, the liaisons may be able to obtain a sampling from each of the commercial area. She stated that communication with potential customers outside of the City of Prior Lake would be important so that they are aware the businesses are open during construction and how customers can access them. BOUCHER-HOESE questioned if there were financial opportunities available to downtown businesses. Discussion ensued about events, lending programs, and other opportunities to encourage more foot-traffic/cus- tomers in downtown Prior Lake. EDA will continue discussion related to lending opportunities for Prior Lake Busi- nesses who may be negatively impacted by the TH13/CR21 corridor improvement projects. E. Construction Projects Business Impact Game Plan (discussion with BEC) 4 PRCHAL suggested Staff contact the City of Chaska and Prior Lake businesses, through the Prior Lake Chamber, downtown businesses in Chaska who have been impacted by recent road improvement projects to garner infor- mation about their successes and suggestions. CHROMY indicated that up-to-date access information was difficult to find during the Franklin Trail project and suggested the city or contractor could provide weekly communication prior to and during construction which would inform business owners, customers and citizens of what is open, closed, available parking or impeded and for how long. BRIGGS stated that a meeting will be held next week to form subcommittees that will make recommendations related to signage, communication, phasing, etc. for the 21/13 intersection improvement project. He suggested directing staff to discuss best practices including wayfinding signage, project phasing, communication, etc. from communities who have been through it. BRAID suggested working with the Chamber to develop additional events to promote Prior Lake businesses and to be strategic in the areas in which the City can assist. CHROMY suggested that obtaining information and/or developing strategies in four areas would be instrumental in understanding the information that would be prudent to the success of businesses during road construction: • History/Best Practices o Wayfinding Signage • Events o Collaborating with others, including but not limited to: Chamber, SMSC • Financial Assistance o Opportunities • State of Current Condition o Existing Business Climate 9. OTHER BUSINESS A. Commissioner Comments BRIGGS congratulated PRCHAL on her recent appointment as the Chair of the BEC. MCCABE shared that the City Council will be meeting on January 8, 2017 with a work session which interferes with the regular meeting schedule of the EDA. Staff suggests holding an EDA meeting on January 22, 2018 with the First Stop Shop and a joint EDA/BEC meeting on February 12, 2018 to discuss marketing materials and opportunities for business retention during the intersection improvement projects. BRIGGS shared that there is a lot of good going on surrounding “The Big Game” in February and that he is confident the City will be in a great position in part by the improved communication and partnership with the Chamber. 10. ADJOURNMENT MOTION BY BRIGGS, SECONDED BY SHEEHAN-KERBER, TO ADJOURN THE MEETING. With all in favor, the meeting adjourned at 6:06 p.m. 4646 Dakota Street SE Prior Lake, MN 55372 ECONOMIC DEVELOPMENT AUTHORITY AGENDA REPORT MEETING DATE: January 22, 2018 AGENDA #: 4A PREPARED BY: Casey McCabe, Community Development Director AGENDA ITEM: DEVELOPMENT UPDATE (12/31/2017) DISCUSSION: Introduction The purpose of this consent agenda item is to review the residential and com- mercial development update as of December 31, 2017. History EDA Commissioners requested an update of residential and commercial activity at each meeting. Conclusion The attached memorandum provides a summary of residential and commercial development in the City of Prior Lake. ALTERNATIVES: RECOMMENDED MOTION: ATTACHMENT: 1. Motion and a second, under the Consent Agenda, to accept the Develop- ment Update. 2. Remove this item from the consent agenda for additional discussion. Alternative No. 1. 1. Development Update Phone 952.447.9800 / Fax 952.447.4245 / www.cityofpriorlake.com Memo Date: January 11, 2018 To: City of Prior Lake Economic Development Authority From: Casey McCabe, Community Development Director Subject: Residential & Commercial Activity Update Below is an update of residential and commercial development in the City of Prior Lake as of Dec. 31, 2017. Name Address Type (New/Relocation/Expansion) Previous Tenant/Owner gg Boutique 16180 Hastings Ave. SE Relocated Business Giggle Gals The Magnolia Shop 4773 Dakota St. SE New Business gg Boutique Trademark Title Services 16268 Eagle Creek Ave. SE New Business ReMax Olive Moon 4775 Dakota St. SE Relocated Business Finder's Fee Whitmer Crafts 4646 Colorado St. SE New Business Vacant Lease Space Canvas Tattoo 6880 Boudin St. NE Relocated Business Verizon Edward Jones - Scott Pierce 16154 Main Ave. SE, Suite 110B Relocated Business Wensmann Office - Lakefront Plaza Edward Jones - Christy McCoy 4719 Park Nicollet Ave. Suite 260 New Business/Tenant Build-Out Vacant Lease Space Luxury Laser Edu 14070 Commerce Ave. NE Ste. 200 New Business Kids Talk Childrens Therapy Boathouse Brothers Brewing 16211 Main Ave. SE New Business/Major Remodel Memories on Main Sweet Nautical 16228 Main Ave. SE, Ste 101 New Business Lakes Area Realty Blahnik Law Office 4617 Colorado St. SE Relocated Business/Major Addition Former SF Residential Fountain Hills Self-Storage 4400 Fountain Hills Dr. NE New Construction Vacant Land Prior Lake Revival SW corner of Duluth Ave/CH21 New Construction Vacant Land SDDI Sign Systems 5702 Graystone Ct. SE New Construction Vacant Land Advantage Chiropractic 16197 Main Ave. SE New Business Prior Lake Spine Port City Bakery 5832 Industrial Lane SE New Business/Major Addition Triple Play (Building Add'n) Universal Motors 16720 Welcome Ave. SE New Construction Universal Motors (2nd Bldg.) Home Time Real Estate 16154 Main Ave. SE, Suite 110C Relocated Business/Tenant Build-Out Wensmann Office (Lakefront Plaza) Bongo's Closet 15981 Jordan Ave. Suite 2 New Business Vacant Pure Joy Pilates 16186 Main Ave. SE New Business Vacant Kumon Math & Reading Center 14180 Commerce Ave NE, Suite 104 New Business Indigital 2017 Prior Lake Commercial Activity Number of Permits Declared Value Number of Permits Declared Value Number of Permits % Increase / (% Decrease) Declared Value % Increase / (% Decrease) Single Family Dwellings 80 $26,138,000.00 108 $37,163,000.00 (25.93)(29.67) Townhouses (# units)20 $3,640,000.00 4 $676,000.00 400.00 Multiple Units 5 (218 units)$34,716,000.00 3 (222 units)$28,672,000.00 (1.80)21.08 New Commercial Industrial & Commercial 11 $13,433,500.00 4 $5,622,000.00 175.00 138.95 Residential 226 $2,820,500.00 692 $4,914,700.00 n/a (42.61) Industrial & Commercial 25 $1,569,400.00 17 $457,000.00 n/a 243.41 Mechanical 392 $0.00 751 $0.00 n/a n/a Mechanical (SF & TH)400 $0.00 448 $0.00 n/a n/a TOTALS 1074 $82,317,400.00 2022 $77,504,700.00 n/a 4.07 Increase / (Decrease)  Mechanical permits include but are not limited to furnaces, water heaters, softeners, and fireplaces. They are flat-rate tt Mechanical (SF & TH) permits include required plumbing, heating, sewer and water and fireplace permits for new single family residences. They are flat-rate permit fees. 2017 Year to Date 2016 Year to Date New Residential Additions and Alterations 4646 Dakota Street SE Prior Lake, MN 55372 ECONOMIC DEVELOPMENT AUTHORITY AGENDA REPORT MEETING DATE: January 22, 2018 AGENDA #: 4B PREPARED BY: Casey McCabe, Community Development Director AGENDA ITEM: EDA REVENUE & EXPENDITURE REPORT (12/31/17) DISCUSSION: Introduction The purpose of this consent agenda item is to review the 2017 Revenue & Expendi- ture Report for the EDA through December 31, 2017. History EDA Commissioners requested monthly financial reports on a quarterly basis. Current Circumstances The EDA had revenues of $148,996 and expenditures of $98,228 in 2017; net of $50,768. The primary reasons the expenditures were less than budgeted were due to lower staffing levels than anticipated and the EDA only spent 5% of their Profes- sional Services fund in 2017. Technology Village generated $8,292 in revenues and $1,335 in expenditures. It appears that the reserve for the EDA will increase when all financial figures have been accounted for in March. Conclusion EDA members receive quarterly financial reports of revenues and expenditures. ISSUES: This document provides a summary of activities associated with costs as budgeted by the EDA. FINANCIAL IMPACT: None. ALTERNATIVES: 1. Motion and a second, under the Consent Agenda, to accept the EDA 2017 Rev- enue & Expenditure Report through December 31, 2017. 2. Remove this item from the consent agenda for additional discussion. RECOMMENDED MOTION: Alternative #1 ATTACHMENTS: 1. EDA 2017 Revenue & Expenditure Report REVENUE AND EXPENDITURE REPORT FOR CITY OF PRIOR LAKE 1/2Page : 01/11/2018 02:41 PM User: cmccabe DB: Prior Lake PERIOD ENDING 12/31/2017 % BDGT USED AVAILABLE BALANCE ACTIVITY FOR MONTH 12/31/2017 YTD BALANCE 12/31/2017 2017 AMENDED BUDGETDESCRIPTIONGL NUMBER Fund 240 - EDA SPECIAL REVENUE FUND Revenues Dept 00000.00 - GENERAL 99.09 1,271.85 66,759.58 138,728.15 140,000.00 Current Property Taxes - General Purpos240-00000.00-31010.00 100.00 (412.64)412.64 412.64 0.00 Market Value Credit Aid240-00000.00-33423.00 0.00 0.00 0.00 0.00 0.00 Administrative Charges240-00000.00-34111.00 107.42 (185.48)2.66 2,685.48 2,500.00 Interest Earnings240-00000.00-36210.00 100.00 1,123.04 0.00 (1,123.04)0.00 Unrealized Inv.Gain(Loss)240-00000.00-36225.00 0.00 0.00 0.00 0.00 0.00 Transfer from Other Funds240-00000.00-39203.00 98.74 1,796.77 67,174.88 140,703.23 142,500.00 Total Dept 00000.00 - GENERAL Dept 46500.00 - ECONOMIC DEVELOPMENT 0.00 0.00 0.00 0.00 0.00 County-City Aids/Grants - Operating EDA240-46500.00-33610.14 0.00 0.00 0.00 0.00 0.00 Prof Service Fee Deposit - EDA240-46500.00-36220.14 0.00 0.00 0.00 0.00 0.00 Total Dept 46500.00 - ECONOMIC DEVELOPMENT Dept 46503.00 - TECH VILLAGE INCUBATOR 97.56 207.47 766.67 8,292.53 8,500.00 Facility Rental - EDA240-46503.00-34760.02 97.56 207.47 766.67 8,292.53 8,500.00 Total Dept 46503.00 - TECH VILLAGE INCUBATOR 98.67 2,004.24 67,941.55 148,995.76 151,000.00 TOTAL REVENUES Expenditures Dept 46500.00 - ECONOMIC DEVELOPMENT 74.38 24,690.86 6,837.18 71,682.14 96,373.00 Wages - Full Time240-46500.00-51100.01 85.00 450.00 250.00 2,550.00 3,000.00 Wages - Commissioners240-46500.00-51100.05 100.00 (1,085.14)0.00 1,085.14 0.00 Overtime - Full Time240-46500.00-51110.01 0.00 0.00 0.00 0.00 0.00 Sick Leave - Buy Down240-46500.00-51208.01 0.00 0.00 0.00 0.00 0.00 Accrued Comp Time240-46500.00-51301.00 75.63 115.50 34.20 358.50 474.00 Compensated Absences240-46500.00-51400.00 75.55 1,483.94 439.78 4,585.06 6,069.00 Social Security Contributions240-46500.00-51450.00 75.57 346.67 102.86 1,072.33 1,419.00 Medicare Contributions240-46500.00-51451.00 76.05 1,718.45 512.79 5,457.55 7,176.00 PERA Contributions240-46500.00-51460.00 67.65 3,014.65 611.48 6,304.35 9,319.00 Health Insurance240-46500.00-51470.00 68.75 75.00 12.50 165.00 240.00 Retiree HCSP Contributions240-46500.00-51472.00 62.50 180.00 20.00 300.00 480.00 Dental Insurance240-46500.00-51473.00 79.68 12.80 5.26 50.20 63.00 Life Insurance240-46500.00-51474.00 82.24 76.00 0.00 352.00 428.00 Workers Compensation Insurance240-46500.00-51477.00 0.00 250.00 0.00 0.00 250.00 Office Supplies240-46500.00-52010.00 72.00 700.00 0.00 1,800.00 2,500.00 Legal Services240-46500.00-53020.00 4.95 19,009.94 0.00 990.06 20,000.00 Professional Services - General240-46500.00-53100.80 0.00 250.00 0.00 0.00 250.00 Telecommunications240-46500.00-53210.00 14.00 860.00 0.00 140.00 1,000.00 Training and Employee Development240-46500.00-53310.10 0.00 500.00 0.00 0.00 500.00 Required Notice Publication240-46500.00-53510.00 0.00 750.00 0.00 0.00 750.00 Memberships and Subscriptions240-46500.00-54310.00 0.00 1,034.00 0.00 0.00 1,034.00 Miscellaneous Expense240-46500.00-54320.00 0.00 0.00 0.00 0.00 0.00 Projects - Professional Services240-46500.00-55050.00 64.03 54,432.67 8,826.05 96,892.33 151,325.00 Total Dept 46500.00 - ECONOMIC DEVELOPMENT REVENUE AND EXPENDITURE REPORT FOR CITY OF PRIOR LAKE 2/2Page : 01/11/2018 02:41 PM User: cmccabe DB: Prior Lake PERIOD ENDING 12/31/2017 % BDGT USED AVAILABLE BALANCE ACTIVITY FOR MONTH 12/31/2017 YTD BALANCE 12/31/2017 2017 AMENDED BUDGETDESCRIPTIONGL NUMBER Fund 240 - EDA SPECIAL REVENUE FUND Expenditures Dept 46503.00 - TECH VILLAGE INCUBATOR 4.12 239.71 0.00 10.29 250.00 Office Supplies240-46503.00-52010.00 0.00 500.00 0.00 0.00 500.00 Small Equipment - General240-46503.00-52400.10 8.00 460.00 0.00 40.00 500.00 Legal Services240-46503.00-53020.00 0.00 0.00 0.00 0.00 0.00 Professional Services - Software Design240-46503.00-53100.60 23.90 1,521.96 0.00 478.04 2,000.00 Telecommunications240-46503.00-53210.00 0.00 2,250.00 0.00 0.00 2,250.00 Rent Subsidies240-46503.00-54095.00 0.00 2,500.00 0.00 0.00 2,500.00 Business Assistance240-46503.00-54100.00 67.50 325.00 0.00 675.00 1,000.00 Memberships and Subscriptions240-46503.00-54310.00 26.46 367.72 0.00 132.28 500.00 Miscellaneous Expense240-46503.00-54320.00 0.00 0.00 0.00 0.00 0.00 Building & Building Improvements240-46503.00-55520.00 0.00 0.00 0.00 0.00 0.00 Furniture and Office Equipment240-46503.00-55560.00 0.00 0.00 0.00 0.00 0.00 Machinery and Equipment240-46503.00-55570.00 14.06 8,164.39 0.00 1,335.61 9,500.00 Total Dept 46503.00 - TECH VILLAGE INCUBATOR 61.08 62,597.06 8,826.05 98,227.94 160,825.00 TOTAL EXPENDITURES 516.72 (60,592.82)59,115.50 50,767.82 (9,825.00)NET OF REVENUES & EXPENDITURES 61.08 62,597.06 8,826.05 98,227.94 160,825.00 TOTAL EXPENDITURES 98.67 2,004.24 67,941.55 148,995.76 151,000.00 TOTAL REVENUES Fund 240 - EDA SPECIAL REVENUE FUND: 4646 Dakota Street SE Prior Lake, MN 55372 ECONOMIC DEVELOPMENT AUTHORITY AGENDA REPORT MEETING DATE: January 22, 2018 AGENDA #: 8A PREPARED BY: Casey McCabe, Community Development Director AGENDA ITEM: FIRST STOP SHOP DISCUSSION DISCUSSION: Introduction Stacy Crakes and Jo Foust with the Scott County CDA First Stop Shop (FSS) will be attending the first half of the EDA meeting to discuss marketing materials and other topics with the EDA. History As one of their goals for 2018, the EDA elected to promote partnerships and collaboration through annual meetings with many committees and groups, in- cluding the Scott County CDA First Stop Shop. Current Circumstances The Scott County First Stop Shop assists the cities and townships of Scott County with rapid response to business requests. Attached to this report is a copy of a pitch the FSS assembled to assist with the marketing of the Vierling Family property. The proposal includes, a Scott County overview; Prior Lake overview; and information related to workforce; public transportation; education; income; specific site information; fiber; utilities; financial assistance programs; and appropriate contact information. The EDA reviewed the marketing materials at their December meeting and wanted to invite FSS to the January meeting to discuss the marketing materials and other efforts to assist with the attraction of commercial development to Prior Lake and Scott County. Conclusion ALTERNATIVES: RECOMMENDED MOTION: ATTACHMENTS: The EDA may wish to discuss whether there is additional city-specific infor- mation that may help market the City of Prior Lake; 2017 FSS site and property inquiries; what are site selectors looking for in marketing materials; or other top- ics. 1. Provide the FSS and staff with direction regarding the type and format of information to be provided. 2. Take no action. As determined by the EDA. 1. Vierling Family Property Marketing Material 2. 2017 FSS – Prior Lake Lead Responses City of Prior Lake, Minnesota Vierling Family Property - CR 42 Corridor City of Prior Lake, Minnesota Vierling Family Property CR 42 Corridor in Prior Lake December, 2017 City of Prior Lake, Minnesota 2 Vierling Family Property - CR 42 Corridor City of Prior Lake, Minnesota Location-Location-Location! Located only 20 miles from downtown Minneapolis and 22 miles from the Minneapolis -St. Paul International Airport (MSP), the City of Prior Lake is a growing community, within Scott County, the sixteenth largest metropolitan area in the United States. Quality of Life in Prior Lake. With a population just under 25,000 and approximately 9,300 housing units, there are a variety of housing options from single-family residential lake properties to senior housing rental units. The city, which is 18.33 square miles in size includes 2.89 square miles of water, with Upper and Lower Prior Lake in the heart of the City; the largest lake in the southern metropolitan area. This natural resource offers invaluable recreational opportunities and a high quality of life for its residents and employees. Quality Education The Prior Lake-Savage School District provides quality education for its 8,500 students in the district’s 14 schools. “Prior Lake-Savage Area Schools prides itself in the many environmental learning opportunities that have become part of the district's unique culture. PLSAS is the only district in the state to have an environmental education program that grows with students from Early Childhood Family Education (ECFE) to high school. Our K-12 schools are the first district-wide Environmental Education, Science, Technology, Engineering and Math (E-STEM) schools in the state of Minnesota. (Source: www.priorlake-savage.k12.mn.us) Workforce Prior Lake and Scott County are home to some of the most educated workers in the Greater MSP Region. Beyond the borders, the Southwest metro provides a large labor pool for businesses in Prior Lake and many of its workers come from large nearby cities like Bloomington, Burnsville, and Eden Prairie. Prior Lake isn’t limited only to workers from immediate surrounding areas; the city is able to attract workers from the entire Minneapolis-St. Paul metropolitan area. Transportation One of the greatest benefits to having a location in the City of Prior Lake is a “reverse commute” for employees and visitors. With two state highways, TH 13 and TH 21, travel to Prior Lake is generally in the opposite direction of rush hour traffic and will result in an easy commute for employees and visitors, regardless of what direction they are coming from. Guest Accommodations There are a number of hotels in the area, including Mystic Lake Casino Hotel which offers luxury accommodations with a golf course and world class entertainment venues. The construction of their new Mystic Lake Center, opening January 2018, includes a 70,000 square foot convention center and 180 additional hotel rooms making it the second largest hotel in the seven county metropolitan area. Upon review of the information provided, we hope that you find Prior Lake is a wonderful place to live, work and play for a lifetime! City of Prior Lake, Minnesota 3 Vierling Family Property - CR 42 Corridor City of Prior Lake, Minnesota Table of Contents Topic Page(s) Scott County Overview 4 Prior Lake Overview 5-8 Workforce 9-11 Public Transportation 12 Education 13 Income 14 Site Information 15 Fiber 16 Utilities 17 Financial Assistance Programs 18 Contact Information 19 City of Prior Lake, Minnesota Vierling Family Property - CR 42 Corridor City of Prior Lake, Minnesota SCOTT COUNTY OVERVIEW The City of Prior Lake, is centrally located in Scott County, MN. Scott County’s population increased 60.5% between 2000 and 2016, while Minnesota’s population grew by 12.2% during that timeframe. Prior Lake was among the top 20 fastest growing cities in Minnesota during that timeframe. Between 2000 and 2016 Scott County experienced a 19% increase in employment with 7,700 new jobs added. This compared to a 10% employment growth rate in the metropolitan area. Scott County has two major transportation corridors running through the county, U.S. Hwy 169 and Interstate-35, making it easily accessible for businesses and logistics. Our residents exceed the state and national averages for high school graduation rates and college degrees, according to the U.S. Census Bureau, giving us a qualified resident workforce. Scott County is the home to several historical, scenic, and entertainment destinations including Canterbury Park, The Landing, Elko Speedway, Mystic Lake Casino, the Renaissance Festival, and ValleyFair Amusement Park, which bring tens of thousands of traveler's to the County each year! Scott County Key Statistics  Population (2016 estimate): 143,680  Median household income (2011-2015): $87,794  Percent of population with high school education or higher (2011-2015): 94.7%  Percent of population with a Bachelor's degree or higher (2011-2015): 38.2% Source: U.S. Census Bureau Quick Facts 4 City of Prior Lake, Minnesota 5 Vierling Family Property - CR 42 Corridor City of Prior Lake, Minnesota PRIOR LAKE OVERVIEW The City of Prior Lake, located at the southwest edge of the Twin Cities, is known for its prominent lakes, outdoor amenities, recreational opportunities, entertainment venues, and high quality schools and neighborhoods. While experiencing significant growth from 16,000 population in 2000 to over 25,000 in 2014, Prior Lake maintains its small town character with a distinct downtown. The City is home to Scott County's largest employer, Mystic Lake Casino and Hotel as well as many other businesses. Prior Lake is poised for continued growth with over 300 acres of vacant commercial, business park and industrial land to develop. Additional land will also become available in the future that is located within a 3,000-acre orderly annexation area. Opportunities in commercial and industrial development are increasing due to growth and improved highway accessibility and upgrades. Prior Lake's transportation system includes major roadways including Hwy 13, County Road 42, County Road 21 and numerous others that access the entire metropolitan area. Prior Lake provides transit from within the community to other municipalities and to downtown Minneapolis by way of the Minnesota Valley Transit Authority (MVTA). For the outdoor lovers, Prior Lake features many recreational amenities including more than 55 parks on 1,000 acres, over 100 miles of trails and sidewalks and 14 lakes. Taken together, the parks and lakes offer a wide variety of outdoor opportunities for visitors and residents with a wide variety of interests. City of Prior Lake, Minnesota 6 Vierling Family Property - CR 42 Corridor City of Prior Lake, Minnesota Elected Officials and City Staff The Mayor and City Council are the elected policy makers for the City of Prior Lake. They are responsible for adopting and enforcing ordinances, establishing public and administrative policies, appointing the City Administrator and administrative staff, creating boards and commissions, managing the City's financial operations (including levying taxes, approving a budget, auditing expenditures, and borrowing money) and transacting all other city business as required by law. One member of the City Council serve as the Economic Development Authority (EDA), along with three members appointed from the public. The City of Prior Lake also has an Economic Development Advisory Committee (EDAC), which consists of 9 citizen members with staggered three year terms. The role of the EDAC is to identify issues and develop strategies to strengthen commercial -industrial activity within the city, review requests for tax increment financing, tax abatement and other financial assistance programs, and advise the EDA and City Council on proactive approaches to development and redevelopment. Mayor Kirt Briggs kbriggs@cityofpriorlake.com Councilor Kevin Burkart kburkart@cityofpriorlake.com Councilor Annette Thompson athompson@cityofpriorlake.com Councilor Zach Braid zbraid@cityofpriorlake.com Key City Staff: City Administrator - Frank Boyles, email: fboyles@cityofpriorlake.com Community Development Director - Casey McCabe, email: cmccabe@cityofpriorlake.com Finance Director - Cathy Erickson, email: cerickson@cityofpriorlake.com Councilor Mike McGuire mmcguire@cityofpriorlake.com PRIOR LAKE OVERVIEW City of Prior Lake, Minnesota 7 Vierling Family Property - CR 42 Corridor City of Prior Lake, Minnesota City of Prior Lake 2040 Vision & Strategic Plan - Vision Statement The mission of the City of Prior Lake 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. Prior Lake is known for its lakes, vibrant parks system, outdoor amenities, recreation opportunities and numerous entertainment venues. Together with “RiverSouth” entertainment venues, this area enjoys a reputation as a great place to visit and stay. The residents of Prior Lake reinforce a warm, small-town feel by supporting neighborhoods, participating in community and welcoming visitors with courtesy and hospitality. Prior Lake’s downtown serves as the hub of the city, offering walkable destinations, specialty shopping, dining, entertainment and services that meet the needs of residents and visitors alike. In parallel, Prior Lake has emerged as a center of technology and innovation, offering attractive jobs to residents. The city has earned a reputation as a great place to start a high quality business and grow it to success, with resources as support for home-based business, business incubators and telecommuters. All this has been achieved while maintaining a sound base of quality housing, strong neighborhoods, and safe, secure living for all. A well - run City Council and City administration innovates and collaborates, continuously raising productivity and stretching every taxpayer’s dollar for a maximum value. Sound fiscal management includes both immediate attention to local tax burden and also a long-term view toward building and sustaining the infrastructure essential to a high quality of life for generations to come. PRIOR LAKE OVERVIEW City of Prior Lake, Minnesota 8 Vierling Family Property - CR 42 Corridor City of Prior Lake, Minnesota Major Employers in Prior Lake Employer Products/Services SMSC Gaming Enterprises Gaming Establishment Prior Lake Ind. School District Elementary & Secondary Schools YMCA Youth Center Little Six Casino Gaming Establishment Wild Golf Club Golf Courses and Clubs Indian Health Services Public Health Services Administration Phillips and Temro Industries Motor Vehicle Metal Stamping Husson’s Concessions Restaurants Insurance Paramedical Services Insurance Agencies and Brokers Miratech Prior Lake Air and Gas Compressor Manufacture Tentroy Inc. Site Preparation Contractors Jen Wocelka Real Estate Agents MN Credit Card Processing Inc. Greeting Cards Norex Inc. Computer Processing Services Taylor Made Construction of MN Finish and trim carpentry PRIOR LAKE OVERVIEW City of Prior Lake, Minnesota 9 Vierling Family Property - CR 42 Corridor City of Prior Lake, Minnesota WORKFORCE Source: U.S. Census Bureau OnTheMap, 2015. Prior Lake Work Flow Of the 8,358 people who work in Prior Lake, 6,825 live in another city and commute into the community to work, while 11,466 of Prior Lake’s residents leave the city to go to work elsewhere. This provides new businesses with an opportunity to capture this talent pool of local, dedicated workers, while providing an opportunity for residents to reduce their commute time. 2015 – All Jobs Data Count Share Total Employed (Jobs) in Prior Lake 8,358 100.0% Employed in Prior Lake but Living Outside 6,825 81.7% Employed and Living in Prior Lake 1,533 18.3% Workers Living in Prior Lake 12,999 100.0% Living in Prior Lake but Employed Outside 11,466 88.2% Living and Employed in Prior Lake 1,533 11.8% City of Prior Lake, Minnesota 10 Vierling Family Property - CR 42 Corridor City of Prior Lake, Minnesota WORKFORCE Prior Lake offers a diverse labor force. According to the 2015 American Community Survey, US. Census, 24% of Prior Lake’s residents were employed in the Sales and Office Occupations, 20% in Management, Business and Financial occupations, 12% in Service occupations, 11% in Education, Legal, Community Service, Arts and Media and 10% in Production, Transportation and Material Moving occupations. The chart below illustrates the number of Prior Lake residents, 16+ years of age in each of the occupational categories. Occupations of Prior Lake Residents, 16+ Years of Age, 2011-2015 ACS, US Census 3,098 2,568 1,468 1,350 1,239 1,148 1,056 793 Sales and office occupations Management, business and financial occupations Service occupations Education, legal, community service, arts and media occupations Production, transporation and material moving occupations Natural resources, construction and maintenance Computer, engineering and science occupations The Dakota-Scott Counties WorkForce Centers with locations in West St. Paul, Burnsville and Shakopee are ready, willing and able to help with recruitment and hiring efforts and already has a strong track record working with businesses in the county with pre-hire paperwork, drug screens and background checks. Beyond, the strong local connections with job seekers we’d coordinate services with WorkForce Centers throughout the region. Examples of how the Dakota-Scott WorkForce Centers help area employers with hiring and recruitment include:  Job Fairs. Part of the key to the success of these events is that the Department of Employment and Economic Development has an extensive email distribution list which reaches thousands of job seekers.  WorkForce Centers also have weekly hiring events where employers can meet with job seekers.  The Dakota Scott Workforce Development Board is comprised of up to 27 members from across the 2 counties; with more than ½ representing the private sector. It has a strong focus working with employers and job seekers and is noted for developing innovative employment and training approaches. One example is that the Burnsville WorkForce Center is co-located with Inver Hills Community College and Dakota County Technical College on a non-campus site which provides outstanding connectivity amongst the organizations and benefits employers and adult learners..  The State of Minnesota has a website, which is free for employers and job seekers – www.minnesotaworks.net. City of Prior Lake, Minnesota 11 Vierling Family Property - CR 42 Corridor City of Prior Lake, Minnesota WORKFORCE Source: U.S. Census Bureau OnTheMap. All data for most recent year, 2015 Educated Workforce Prior Lake offers a highly educated labor force with an estimated 96.2% of residents achieving a high school degree or higher and 43.6% receiving a bachelor’s degree or higher. (Source: 2011 -2015 American Community Survey, US Census). Labor Pool of Workers with Jobs in Prior Lake, 2015 Prior Lake isn’t limited only to workers who reside in the community. We are able to attract workers from the entire metropolitan area. According to 2015, OnTheMap Census data, Prior Lake draws employees from numerous metropolitan areas including Shakopee, Savage, Burnsville, Lakeville, Minneapolis, Bloomington, St. Paul, Apple Valley, New Prague and numerous other communities. City of Prior Lake, Minnesota 12 Vierling Family Property - CR 42 Corridor City of Prior Lake, Minnesota PUBLIC TRANSPORTATION SmartLink Transit For residents in Scott and Carver Counties, SmartLink is your premier mobility management service, including Dial-A-Ride. Smart Link can get you anywhere in the seven county metro area (in some cases, you may need to transfer to another transportation provider). Minnesota Valley Transit Authority The Minnesota Valley Transit Authority (MVTA) is the public transportation agency for seven suburbs located approximately 15 miles south of Minneapolis and St. Paul: Apple Valley, Burnsville, Eagan, and Rosemount in Dakota County; and Savage, Shakopee, and Prior Lake in Scott County. MVTA also provides the Scott County-to-downtown Minneapolis express bus service, originally known as BlueXpress. Land to Air Express Land to Air provides shuttle service -- the "169 Connection" -- throughout many stops along the 169 Corridor. No parking issues, no fighting traffic, and no trouble with the weather! Source: https://www.scottcountymn.gov/1077/Public-Transportation City of Prior Lake, Minnesota 13 Vierling Family Property - CR 42 Corridor City of Prior Lake, Minnesota EDUCATION Prior Lake-Savage Area Schools Prior Lake/Savage Area School District 719 serves Prior Lake, Savage and surrounding townships. It is home to six elementary schools, one early childhood center; including Spanish Immersion kindergarten; a school for gifted learners in grades 3-5; two middle schools for grades 6-8; an Alternative Learning Program for students in grades 7-8; an Area Learning Center for students in grades 9-12; and one high school serving students in grades 9-12. There is also a Charter School, Aspen Academy (K-8), and several private schools including: Prior Lake Christian Academy (K-12), St. Michael's Catholic School (K-8) and St. Paul's Lutheran School (K-8). Prior Lake-Savage Area ISD No. 719 Computer Science Offerings Elementary  Beginning in 2017-18, all students K-5 will learn fundamental computer science skills. Media Specialists will lead this learning with students, following a specialized, “designed for PLSAS” curriculum that integrates ISTE and CSTA standards. The curriculum utilizes resources from Code.org and integrates both hands-on and digital activities to develop students’ skills.  Extensions: Students will have opportunities to apply and extend their skills through a variety of extracurricular offerings through before and after school programs such as KidsCo and Community Ed. Middle School  Beginning in 2018-19, students will have the opportunity to elective courses which focus on specific aspects of computer science (i.e. coding, networking, etc.). These classes will be developed using resources from Project Lead the Way and will integrate hands-on STEM project-based learning with Computer Science.  Current Extracurricular Activities:  SWAT team where students have the opportunity to apply and extend their skills through participation in the middle school SWAT team. This team tackles a variety of technology and computer science related challenges  Girl Code which is an after school club, specifically focused on closing the gender gap in Computer Science.  Junior Lego League High School  Beginning in 2018-19, students will have the opportunity to take elective courses which focus on specific aspects of computer science (i.e. coding, networking, etc.). These classes will be developed using resources from Project Lead the Way and will integrate hands-on STEM project-based learning with Computer Science.  Current Extracurricular Activities:  Robotics and SWAT Team (coming soon) City of Prior Lake, Minnesota 14 Vierling Family Property - CR 42 Corridor City of Prior Lake, Minnesota INCOME Prior Lake has a high disposable income, with a median income over $100,000 in the submarket, which allows opportunities to support local businesses with the purchase of goods and services. City of Prior Lake, Minnesota 15 Vierling Family Property - CR 42 Corridor City of Prior Lake, Minnesota Approximately 495 acres is currently available at 4836 140th Street NE and Eagle Creek Avenue NE in Prior Lake. Below is an aerial view of the site, located along CR 42 which is one of the fastest growing corridors in the metro. This includes 1,360 +/- feet on Prior Lake, land with rolling hills and beautiful vistas. The property is served with municipal water and sewer. The property is listed with Gaughan Companies: 651-464-5700 or email: TomOpsahl@GaughanCompanies.com or DanHebert@GaughanCompanies.com. SITE City of Prior Lake, Minnesota 16 Vierling Family Property - CR 42 Corridor City of Prior Lake, Minnesota FIBER Scott County is composed of seven cities, eleven townships, ten school districts, and the Shakopee Mdewakanton Sioux Community. Scott County has been engaging in real meaningful cooperation since 2002 when the Scott County Association for Leadership and Efficiency (SCALE) was created. In 2007 Scott County, in collaboration with SCALE, began constructing the largest government-owned high-speed network, at that time in the state and one of the nation’s biggest. It is an extensive fiber network consisting of over 1,000 miles of County owned dark fiber. It is maintained exclusively by the Zayo Group, a national leader (provider) in fiber network communications. Scott County’s fiber network has direct connections capable of providing diverse and redundant 10 gigabit (or even greater gigabit) capacities out of the region as well as to multiple Tier III and Tier IV data centers in the region including the Capitol campus in St. Paul and to the 511 building in downtown Minneapolis, which in turn provides a portal to the world. The 511 Building Telecommunications “Carrier Hotel” offers highly safeguarded, round -the-clock access to the internet as well as critical space to back-up data and offsite disaster recovery. The facility is equipped for data centers, collocation and web hosting, as well as multi-tenant telecommunication switching, fiber network service providers, and optical cable backbones. The County additionally has dark fiber connections to the NCC Building in Omaha, Nebraska, also a “carrier hotel” for increased diversity and regional security. This connection is expected to be live by summer of 2018. There are currently five major and diverse fiber exits out of the County. Regional Fiber Map City of Prior Lake, Minnesota 17 Vierling Family Property - CR 42 Corridor City of Prior Lake, Minnesota UTILITIES Water City of Prior Lake: (952) 447-9894 The City of Prior Lake operates seven wells. Six wells go to the treatment plant and the seventh well is used during peak summer production periods. Three aquifers exist in Prior Lake: the Jordan, the Franconia Ironton Galesville (FIG) and the Mt. Simon. Five of the City's the wells pump from the Jordan and are between 345 and 372 feet deep; two pump from the FIG which is 630 feet below ground. The City's daily maximum is 7.5 Million Gallons per Day (MGD). LOCAL HAULERS Buckingham Disposal 5980 Credit River Rd., Prior Lake, MN 55372 (952) 226-6441 Certified Recycling 14305 Ewing Ave, Burnsville, MN 55306 (952) 894-1448 Dick's Sanitation P.O. Box 769, Lakeville, MN 55044 (952) 469-2239 Republic Services 9813 Flying Cloud Dr., Eden Prairie MN,55347 (952) 941-5174 Suburban Waste Services 12400 Princeton Ave S., Savage, MN 55378 (952) 937-8900 Waste Management 1901 Ames Dr., Burnsville, MN 55337 (952) 890-1100 Sewer City of Prior Lake: (952) 447-9800 The City of Prior Lake's Public Works Department is responsible for inspecting and maintaining 107 miles of sanitary collection system infrastructure, 41 sanitary lift stations and 2,809 sanitary manholes to ensure uninterrupted collection of wastewater. The Metropolitan Council and Environmental Services (MCES) Division of the Met Council is responsible for Sanitary sewer treatment and disposal at the Blue Lake Wastewater Treatment Facility in Shakopee, Minnesota. Garbage City of Prior Lake, Minnesota 18 Vierling Family Property - CR 42 Corridor City of Prior Lake, Minnesota FINANCIAL ASSISTANCE The City of Prior Lake has a variety of potential financial incentives the city may be able to offer to help offset certain development costs. We are happy to meet with businesses to identify programs that may be applicable. Job Training Assistance The Minnesota Jobs Skills Partnership (MJSP) program provides grants of up to $400,000 to educational institutions that partner with businesses to develop new-job training or retraining for existing employees. Funds may be used for training related costs or education infrastructure improvements necessary to support businesses located or intending to locate in the region. A cash or in -kind contribution from the business must match program funds one-to-one. Metropolitan Council Sewer Access Charge (SAC) Credits The City of Prior Lake has SAC units available and will consider using these credits to offset the Metropolitan Council SAC fees. The actual SAC unit determination for the building will be made by the Metropolitan Council after blueprints for the building are submitted. Tax Abatement or Tax Increment Financing The City of Prior Lake may consider tax abatement or tax increment financing for qualified projects. Approval of abatement requests are evaluated on a case by case basis. Upon receiving a formal application for economic assistance, governing bodies of the city and/or county will evaluate the request and make decisions based on a variety of factors. Prior Lake staff cannot represent the outcome without going through the formal application process. We would be happy to work with businesses in this process. Minnesota Investment Fund The City of Prior Lake is willing to work with qualified industrial, manufacturing and technology -related industries to determine eligibility for the MN Department of Employment’s Minnesota Investment Fund Program. This program provides low interest financing for projects that add new workers and retain high quality jobs in the state. Applications for the program must be submitted through the City. MN Job Creation Fund Manufacturers, warehouse, distribution and some information technology operations, who plan to hire a minimum of ten new employees, and invest at least $500,000 in real property within one year, may be eligible for the MN Department of Employment and Economic Development’s Job Creation Fund. City staff is happy to work with businesses to review eligibility requirements for this program which provides rebates on eligible capital investment expenditures. Again, applications for the program must be submitted through the City. City of Prior Lake, Minnesota 19 Vierling Family Property - CR 42 Corridor City of Prior Lake, Minnesota CONTACT INFORMATION The success of any project is dependent on a relationship that establishes trust between all stakeholders. Your Prior Lake/ Scott County Team is ready to talk with you to discuss more about what we have to offer. Please feel free to contact us at the phone numbers or emails below. City of Prior Lake Casey McCabe Community Development Director Prior Lake City Hall 4646 Dakota St. SE Prior Lake, MN 55372 cmccabe@cityofpriorlake.com Direct: 952.447.9815 Main: 952.447.9800 Scott County First Stop Shop Stacy Crakes Business Development Director Prior Lake City Hall 4646 Dakota St. SE Prior Lake, MN 55372 scrakes@scottfss.org 952-496-8613 Mission Statement: The mission of the City of Prior Lake 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. First Stop Shop - Prior Lake Lead Responses 2017 Response Sent Property Project Name 1/1/2017 15875 Franklin Tr SE (Prior Lake)Restaurant Start Up 1/1/2017 6880 Boudin St. NE. (Prior Lake) Shoppes of Boudin Crossings Restaurant Start Up 1/1/2017 16731 Hwy 13 S (Prior Lake)Restaurant Start Up 1/5/2017 15875 Franklin Tr SE (Prior Lake)Bakery 1/5/2017 6880 Boudin St. NE. (Prior Lake) Shoppes of Boudin Crossings Bakery 1/5/2017 16731 Hwy 13 S (Prior Lake)Bakery 1/12/2017 16731 Hwy 13 S (Prior Lake)Industrial, Lease - Cross Fit Use, 3,000 to 5,000 SF 1/12/2017 16731 Hwy 13 S (Prior Lake)Need, Industrial, Lease - Creative Fitness Studio Requirement 2,500-3,000 SF 1/12/2017 16860 Welcome Ave. SE (Prior Lake)Need, Office, Lease - Small Office User-500-1,000 SF Class B SW Market 3/13/2017 16783 Toronoto, Prior Lake Need, Industrial, Lease - Automotive 4/13/2017 16731 Hwy 13 S (Prior Lake)Need, Retail, Lease - Credit Tenant Requirement 8,000-13,000 sf 4/27/2017 16731 Hwy 13 S (Prior Lake)Need, Industrial, Lease - 4k-6k SF Metro-Wide (Fitness) 5/18/2017 16677 Duluth Ave SE (Prior Lake) Klein Bank Need, Office, Lease - 2,500 SF Immediate Suburban Requirement 6/15/2017 16731 Hwy 13 S (Prior Lake) Need, Retail, Lease - Fast-Casual Restaurant +/- 1,500 SF (Metro-Wide) Multiple Locations 6/22/2017 16731 Hwy 13 S (Prior Lake)Need, Special Use, Lease - Food Grade Facility - Approximately 3,000 SF total 6/30/2017 16731 Hwy 13 S (Prior Lake)Need Commercial Kitchen 7/20/2017 4385 Fountain Hill Drive (Prior Lake)Need 5,000 to 7,000 sq. ft Assembly/Office 8/16/2017 14070 Commerce Ave. Prior Lake Need, Office, Lease - , Southeast, Southwest, 2,000-2,500 sf 8/17/2017 14070 Commerce Ave. Prior Lake Need, Office, Lease - Client seeking 2k - 2500 sf office in S Metro 8/17/2017 16783 Toronoto, Prior Lake Need Lease -Auto Repair-Sales Site 8/18/2017 16783 Toronoto, Prior Lake Need, Industrial, Sale - or Lease - Auto Use, 4,000-5,000 sf 9/25/2017 5818 Granite Ct SE (Prior Lake) land Need, Industrial, Sale - Lease/Purchase/Land, 20,000-30,000 sf 9/25/2017 16677 Duluth Ave SE (Prior Lake) Klein Bank Need, Office, Lease - Need quasi medical, 750 sf 9/28/2017 14070 Commerce Ave. Prior Lake Subject: CDXMail: Need, 5,000-10,000 sf 9/29/2017 6880 Boudin St. NE. (Prior Lake) Shoppes of Boudin Crossings Need, - Looking for production kitchen, 1,000-2,000 sf 9/29/2017 16731 Hwy 13 S (Prior Lake)Need, - Looking for production kitchen, 1,000-2,000 sf 11/28/2017 16783 Toronoto, Prior Lake Need, Industrial, Sale - 2,000-3,000 sf 12/15/2017 16873 Fish Point Rd SE (Prior Lake)Need, - 30-50K mission critical characteristics bldg Prior Lake Jan-Dec. 2017 Copyright (c) 2000-2018 salesforce.com, inc. All rights reserved.23 Leads - 2017. Shaded by quarter of the year. Confidential Information - Do Not Distribute Generated By: Joanne Foust 1/3/2018 8:55 AM Scott County CDA 4646 Dakota Street SE Prior Lake, MN 55372 ECONOMIC DEVELOPMENT AUTHORITY AGENDA REPORT MEETING DATE: January 22, 2018 AGENDA #: 8C PREPARED BY: Amanda Schwabe, Planner AGENDA ITEM: City of Prior Lake Property Ownership DISCUSSION: Introduction The City typically acquires properties when dedicated as part of a plat or through tax forfeiture from the State of Minnesota when the properties are needed for a public purpose. Most of these properties are utilized for right of way, sewer/wa- ter/sanitary sewer lines/drainage and/or parks and trails. When a city acquires tax-forfeited property at no cost, the use of the land will be restricted to specific public purposes specified on the deed document itself. When the city ceases to use the land for the specified purposes, the land is generally required to revert to the state of Minnesota. Property which reverts to the state or is not claimed by a public entity for a public purpose is sold by auction or other means to private property owners. History At their December 11, 2017 meeting, the EDA directed staff to research city- owned properties and bring back additional information regarding their potential for sale. Current Circumstances Utilizing GIS, Planning and Engineering Staff reviewed aerial photos, plats and associated historical documents for 281 properties owned by the City of Prior Lake. Pending additional research, thirteen of the 281 properties have been identified for possible sale or alternative use. After initial review, the properties in question do not appear to be currently utilized for the purpose intended in- cluding park, trail, drainage/utility or right of way purposes. The next step for staff would be to work with the City Attorney to research the thirteen identified parcels in greater detail to determine whether and how they may be disposed of or if they can be retained for a purpose not originally con- templated when the city received title. Conclusion Staff has researched city-owned properties as directed. A list of thirteen prop- erties as well as aerial photos, are attached. ISSUES: Properties acquired through tax forfeiture at little or no cost to the City of Prior Lake would be relinquished back to the State of Minnesota. Subsequent pur- chase by a non-governmental agency may allow the total market value to be added back into the tax base. Formal action is required by the City Council to relinquish such properties. 2 With a couple exceptions, the parcels are on land zoned as residential. Those that are town center could be marketed by the EDA as such. A few of the resi- dential properties appear to be buildable. As such they could be sold for resi- dential development. Some parcels appear to have been purchased as part of an existing park but are not reflected as such in the records. Over time the city’s objectives change. For example, over the years there has been the suggestion that the city buy a property in northwest or southwest Prior Lake to build a small garage for maintenance equipment to eliminate time wait and wear and tear on equipment to get to and from work sites. More recently the suggestion has been made that an arts or cultural center is desirable. Should a property be retained for that purpose? Prior to disposing of any parcel, it may be a good idea to conduct a formal inventory of which parcels should be retained for potential city needs. FINANCIAL IMPACT: Relinquished properties could have a positive impact on the tax base. Retaining properties for uses not originally contemplated could cost the city money. Addi- tional costs associated with review by the City Attorney will be necessary. ALTERNATIVES: 1. Motion and second to direct staff develop a city staff/advisory body/city at- torney process for EDA consideration which would identify the potential uses of these parcels including sale, relinquishment to the state or retention for a future use. 2. Motion and second to accept staff’s report and defer action at this time. RECOMMENDED MOTION: 1. Alternative #1 ATTACHMENT: 1. List of city owned properties with potential for relinquishing. 2. Aerial photos of properties with potential for relinquishing. City Owned Properties with Potential for Relinquishing PID Type/Purpose GISAcres Last Sale Date (Per Scott County) EMV Land EMV Total Street #Street Name Potential for Relinquishing Comments Zoning PlatId PlatName 1.250330010 Vacant 0.15191 281,200.00$ 281,200.00$ 0 Yes Storm Sewer on east side of property R1SD 25033 GRAINWOOD PARK 2.259350020 Vacant Lakeshore 0.34695 384,000.00$ 384,000.00$ 0 Yes Sunfish Bay R1SD 3.250011040 ROW 0.28019 03/30/2012 71,500.00$ 71,500.00$ 4590 COLORADO ST SE Yes East of Arcadia Ave/West of Premier Dance TC 25001 CITY OF PRIOR LAKE 4.250011220 ROW 0.33643 03/09/2012 60,500.00$ 60,500.00$ 4570 COLORADO ST SE Yes West of Arcadia Ave TCT 25001 CITY OF PRIOR LAKE 5.250810030 Vacant 2.62369 144,100.00$ 144,100.00$ 0 RIDGEMONT AVE SE Yes North of Kop Farm; Wooded R1 25081 OAKS,THE 6.252860550 ROW 0.35848 500.00$ 500.00$ 0 Yes Sell to develop with property to the north?C-3 25286 CARRIAGE HILLS 2ND ADDN 7.259020960 ROW 0.59335 03/04/2003 75,000.00$ 75,000.00$ 16950 PANAMA AVE SE Yes South of McDonalds C-2 8.253390550 Vacant 0.04673 2,900.00$ 2,900.00$ 0 BLUEBIRD TRL NE Yes Sell to Adjacent Owner?R1 25339 KNOB HILL 2ND ADDN 9.253430290 State Ded - Trail 0.04823 3,100.00$ 3,100.00$ 14149 BLUEBIRD TRL NE Yes Relinquish to State R1 25339 MAPLE HILL 2ND ADDN 10.259260250 State Ded - Park 1.97503 110,000.00$ 110,000.00$ 0 MANITOU RD NE Yes Relinquish to State; 2 S/W lines stubbed in R1SD 11.250520030 State Ded - Utility/Walkway Access 0.2517 10,000.00$ 10,000.00$ 0 Yes Relinquish to State R1 25052 EAGLE RIDGE ACRES 12.250460140 State Ded - Park/Storm Water Retention 0.30578 30,000.00$ 30,000.00$ 0 SHADY BEACH TRL NE Yes Relinquish to State R1SD 25046 SHADY BEACH # 2 13.250460150 State Ded - Park/Storm Water Retention 0.39061 30,000.00$ 30,000.00$ 0 SHADY BEACH TRL NE Yes Relinquish to State R1SD 25046 SHADY BEACH # 2 Updated: January 16, 2018 Row #1 PID: 250330010 Row #2 PID: 259350020 Row #3 PID: 250011040 Row #4 PID: 250011220 Row #5 PID: 250810030 Row #6 PID: 252860550 Row #7 PID: 259020960 Row #8 PID: 253390550 Row #9 PID: 253430290 Row #10 PID: 259260250 Row #11 PID: 250520030 Row #12 PID: 250460140 Row #13 PID: 250460150 4646 Dakota Street SE Prior Lake, MN 55372 ECONOMIC DEVELOPMENT AUTHORITY AGENDA REPORT MEETING DATE: January 22, 2018 AGENDA #: 8D PREPARED BY: Casey McCabe, Community Development Director AGENDA ITEM: CONSTRUCTION PROJECTS BUSINESS IMPACT GAME PLAN DISCUSSION: Introduction The purpose of this agenda item is to discuss opportunities where the City of Prior Lake may be able to assist with downtown customer attraction efforts or lessen the 2019 construction impacts on downtown businesses. History During the December meeting, EDA members discussed the potential impacts construction activities will have on downtown businesses and what communica- tion or other assistance may be useful to downtown businesses and their cus- tomers in 2019. Current Circumstances A downtown retailer has reached out to the EDA requesting collaboration on a marketing campaign to increase customer traffic and revenue to downtown busi- nesses through social media, radio and newspaper ads. The request is for the City of Prior Lake/EDA to assist with marketing now so that downtown busi- nesses can be as healthy as possible prior to the beginning of the construction. Another topic for discussion is a suggestion from an EDA member who proposed a potential waiver of event fees in 2019 for events that attract visitors to the downtown area. This action would either require City Council action to approve the waiver of event fees or action from the EDA to cover those event fees. The EDA also briefly discussed a loan program, either sponsored by the City of Prior Lake, private businesses, or a combination of both, which would help sup- port downtown businesses during construction. Conclusion ISSUES: Each of the proposed options has a financial impact. Prior to pursuing any of the alternatives above, or other opportunities to assist the downtown businesses during construction, the EDA may wish to discuss what level of funding the EDA or City Council is comfortable with and which opportunities will provide the larg- est impact for downtown business owners. As can be seen from the quote at- tached, the cost is significant—but certainly less than the impact of faltering busi- nesses in our downtown area. To date the focus has been on the downtown primarily. Over the years 2018, 2019 and 2020 there will be construction project impacts upon businesses in the 2 ALTERNATIVES: RECOMMENDED MOTION: ATTACHMENTS: South Lake Village Area and TH13 and CR42 business areas as well. The im- pacts will be over months and in some cases multiple years in each of these areas. The EDA may wish to have the approach taken recognize that fact. The city certainly has responsibilities to invoke more intensive communication while recognizing that businesses are also well advised to intensify their typical advertising efforts. Perhaps an approach that accomplishes that could be con- sidered. One benefit of the length of time the projects take is the fact that we can learn what is effective and what is not and as a result get more prof icient in our efforts. With respect to city loans to faltering businesses, caution is in order. This ap- pears to be an area which can be addressed most effectively by the private sec- tor. If the EDA desires to issue loans of some other form for financial assistance, the program should be very focused in terms of objective and business eligibility as well as short term with respect to pay back. 1. Motion and second to direct staff to develop a city staff/advisory body/city attorney business impact game plan for EDA consideration which would identify forms of possible city assistance including, but not limited to, mar- keting, fee waivers, and/or loans. 2. Motion and second to continue discussion to a future meeting. As determined by the EDA. 1. SW News Media Quote To: Becky Leffler From: Nancy Etzel The following is a price quote as requested. These quotes are based on a minimum 13X run. To Include the following publications: Prior Lake American, Savage Pacer, Shakopee Valley News, Jordan Independent, Eden Prairie News, Chanhassen Villager, Chaska Herald, Lakeshore Weekly News. Distribution 54,500 homes. Full Page: $7822.78 X 13 $101,696.14 Half Page: $3766.52 X 13 $48,964.76 To include the following publications: Prior Lake American, Savage Pacer, Shakopee Valley News, Jordan Independent. Distribution 17,900 homes. Full Page: 4075.11 X 13 $52,976.43 Half page: 1962.09 X 13 $25,507.17