HomeMy WebLinkAbout08 29 2019 BEC Agenda Packet FULL
Business Engagement Committee
Meeting Agenda
Thursday, August 29, 2019
7:30 a.m.
City Hall, Wagon Bridge Conference Room
Phone 952.447.9800 / Fax 952.447.4245 / www.cityofpriorlake.com
1. Call to Order
2. Approval of Meeting Minutes
a. June 27, 2019
3. Old Business
a. None
4. New Business
a. Fast-Track Business Challenge
5. Other Business
a. EDA Meeting Update
b. Residential and Commercial Activity Update
c. Staff Update
i. 13-21 Construction Update
ii. #PLWorthIt Update
iii. BEC Openings / Term Expiration
d. Commercial Area Liaison Update
i. Meet and Greet: Berkshire Hathaway Home Services
e. Member Ideas/Recommendations
6. Next Regular Meeting Date
a. Thursday, September 26, 2019
7. Adjourn
1
4646 Dakota Street SE
Prior Lake, MN 55372
CITY OF PRIOR LAKE, MINNESOTA
BUSINESS ENGAGEMENT COMMITTEE
MEETING MINUTES – June 27, 2019
1. Call to Order
The meeting was called to order at 7:34 a.m. in the Wagon Bridge Conference Room at Prior Lake City Hall. Members
present: Kim Prchal, Tim Marco, Sandi Fleck, and Tommy Hesch. EDA Liaison Marie Boucher-Hoese. Staff present:
Casey McCabe and Amanda Schwabe.
2. Approval of Meeting Minutes
a. May 23, 2019
MOTION BY PRCHAL and SECOND BY HESCH to approve the May 23, 2019 meeting minutes. Motion
adopted unanimously.
.
3. Old Business
a. Construction Customer Attraction Update
SCHWABE provided an update on upcoming #PLWorthIt events and activities including Cork, Suds & Grub on
June 29 and Conquer Ninja Clash of the Heroes event on July 20. She encouraged members to promote the
event on social media and to participate if available. Discussion followed regarding the upcoming events.
b. Commercial Area Liaison Update
MCCABE questioned how the members would like to see the commercial area liaison visits evolve into the
future. He stated that some areas are getting more visits than others given the construction projects.
CARROLL stated that it is important to have higher quality and quantity of business visits. She suggested
members indicate which businesses they plan to visit in the next 30 days and report back to the group.
PRCHAL shared that the commercial area liaison visits are a good way to connect with local businesses
although liaison turnover and understanding that the members are busy also can make it difficult to connect
with businesses. She shared that staff and other members are available to assist if a liaison is unable to connect
with their businesses.
CARROLL suggested recommending members visit businesses in stages rather than trying to touch base with
every business over the course of a day or two. Members could state at every meeting which business(es) they
plan to visit in next 30 days.
MCCABE shared that future agendas can include an item for liaison reporting and continued discussion
regarding goals of the program.
CARROLL questioned if staff could provide a list of businesses in the different liaison areas for tracking and
accountability purposes.
Staff will work to provide a list of business contact information to Tom Driscoll for the South Lake Village area.
CARROLL suggested a follow-up email to the group requesting each member bring information from two
business visits to our next meeting.
c. Community Partner Program
MCCABE shared that we discussed recognizing businesses who make contributions at the last meeting. At
that time BEC had questions regarding how the program could be handled.
The EDA felt it was an appropriate program for the BEC due to their connectivity with the businesses.
CARROLL suggested the CC recognize businesses at their meeting following a contribution in real-time and
then the BEC recognize the nominated individuals at our mixer.
PRCHAL shared that the Chamber already has a really strong program to recognize community partners and
this may create hard feelings amongst businesses.
CARROLL has concerns about bias with this type of program.
MARCO suggested having a space on the city website or social media for people to acknowledge a great
experience with a business, staff member, anniversary, etc.
MCCABE shared that with the recent hiring of a City Clerk, there may be opportunity for other staff positions to
assist with social media posts on the City Facebook, Twitter, Instagram, etc.
4. New Business
a. None
Other Business
a. Residential and Commercial Activity Update
MCCABE provided an overview of the residential and commercial building permit activity as of May 31, 2019.
b. Staff Update
MCCABE informed the BEC that bids have been received for the 13/21 construction project. The Prior Lake
City Council recommended the Scott County Board approve the bids, subject to removal of median monuments.
The Scott County Board will be considering approval of the bids at their first meeting in July.
c. Member Ideas/Recommendations
Discussion occurred regarding doing the Business Pages e-newsletter again. Staff will bring forth topics to the
next meeting.
5. Next Meeting Date.
The next regular meeting of the BEC will be on Thursday, July 25, 2019 at 7:30 a.m.
6. Adjourn.
MOTION BY HESCH and SECOND BY MARCO to adjourn the meeting. Motion adopted unanimously. The meeting
adjourned at 8:28 a.m.
Submitted by: Amanda Schwabe
For Immediate Release June 5, 2019
2019 SCOTT COUNTY FAST-TRACK BUSINESS CHALLENGE
APPLICATIONS NOW OPEN!
Last year at this time, Melanie Cole and Vicky DeRouchey, of Prior Lake, were busy preparing their
application for the Scott County FAST-TRACK Business Challenge. This year, the Co-Founders of ugo
wear LLC. (https://ugowear.com/) have been busy preparing a video (see:
https://youtu.be/8K5xs_lXw3Y) hoping to advance to the third round of auditions for the Emmy Award
winning entrepreneur television show Shark Tank. Their goal is to earn a spot on a fall episode where
they can pitch their ugo and seek funding from a Shark. The entrepreneurs impressed Scott County
FAST-TRACK Challenge judges during their October, 2018 pitch resulting in the award of various cash
and professional business service prizes. Melanie and Vicky strongly encourage other entrepreneurs to
take advantage of this local business challenge.
Applications are now being accepted for the local “Shark Tank” like business challenge. The award
winning Scott County FAST-TRACK Challenge provides entrepreneurs with the resources to develop or
fine tune their business plan, develop a pitch for their business and potentially be selected as a finalist to
compete for mentorship, cash and professional services to help the business succeed. The competition
is free to enter and there is no minimum age requirement. In order to be eligible individuals must reside
within Scott County and be willing to locate their business in Scott County or have an established
business in Scott County, have a new product or service; have a viable product or service idea and be
willing to participate in the FAST-TRACK Challenge live event.
Categories for the FAST-TRACK Challenge include: Energy / Clean Tech / Water / Utilities /
Environment; Food / Ag / Beverage; General / Other; High Tech; Life Science / Health Tech / Aging;
Personal Care Solutions; Professional Services and Industrial Workplace.
Evaluation of applications will occur the beginning of September, with finalists being announced mid-
September. Practice pitches with the Technology Village Board and Open to Business will take place the
end of September and early October, with the FAST-TRACK Challenge Competition to be held on
Thursday, October 24, 2019 at Prior Lake City Hall. Business ideas will be evaluated on the product
concept and potential viability, potential to create jobs with livable wages, creation of a product that
addresses the identified focus areas, among other criteria.
2018 FAST-TRACK Challenge winner Alan Tholkes of Medthera, encourages businesses with new
product ideas to apply. He noted, “The FAST-TRACK Challenge really helped improve my skill at pitching
our product and Business.”
Scott Winters, CEO of Ion Concert Media, the 2017 winner of the FAST-TRACK Challenge reports,
“Almost immediately it became clear that the competition was much more valuable than we had
anticipated. The coaching we received prior to the final competition round was invaluable, as were the
connections we made. The benefits received since winning the event have been numerous as well: the
accounting services that came as part of the prize package have been invaluable, the shared office space
and advising from Tech Village have been a great help, and we have connected with a number of
potential investors. Most importantly, the entire process allowed us an opportunity to rethink our market
approach and that has very quickly resulted in a jump in our sales volume this spring. The Technology
Village Fast Track Challenge has been a huge benefit to our company, far exceeding expectations. I
highly recommend it as a worthwhile exercise for any young Scott County companies.”
Applications are being accepted through August 31, 2019 and may be completed on the FAST-TRACK
Challenge website www.ScottCountyFastTrack.com, which also contains links to last year’s video clips.
For more information contact Jo Foust, Business Development Specialist with Scott County CDA First
Stop Shop at: 952-496-8830 or jfoust@scottfss.org.
4646 Dakota Street SE
Prior Lake, MN 55372
BUSINESS ENGAGEMENT COMMITTEE REPORT
MEETING DATE: August 29, 2019
AGENDA #: 5.a.
PREPARED BY: Casey McCabe, Community Development Director
AGENDA ITEM:
EDA MEETING UPDATE
DISCUSSION: Introduction
The EDA held a regular meeting on August 12, 2019; discussion topics included:
➢ Development Update (7/31/2019)
➢ Public Arts
➢ Resolution to Approve the Proposed 2019 EDA Tax Levy and Budget
➢ #PLWorthIt Wish Book
Conclusion
Updates of EDA activity related to the above listed topics will be presented to the BEC during their
August 29th meeting.
ISSUES: Update Only.
FINANCIAL
IMPACT:
None.
ALTERNATIVES: Update Only.
4646 Dakota Street SE
Prior Lake, MN 55372
BUSINESS ENGAGEMENT COMMITTEE REPORT
MEETING DATE: August 29, 2019
AGENDA #: 5.b.
PREPARED BY: Casey McCabe, Community Development Director
AGENDA ITEM:
RESIDENTIAL AND COMMERCIAL ACTIVITY UPDATE
DISCUSSION: Introduction
Staff has prepared a development update for BEC review. The attached memorandum provides a
summary of residential and commercial / industrial construction in the City of Prior Lake as of July
31, 2019.
ALTERNATIVES:
RECOMMENDED
ALTERNATIVE:
ATTACHMENT:
Information Only.
Information Only.
1. Development Update
Phone 952.447.9800 / Fax 952.447.4245 / www.cityofpriorlake.com
Memo
Date: August 27, 2019
To: City of Prior Lake Business Engagement Committee
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 July 31, 2019.
Number of
Permits
Declared
Value
Number of
Permits
Declared
Value
Number of Permits
% Increase / (% Decrease)
Declared Value
% Increase / (% Decrease)
Single Family Dwellings 80 $24,087,742.00 69 $24,297,676.00 15.94 (0.86)
Townhouses (# units)45 $7,804,007.00 39 $6,463,400.00 15.38 20.74
Multiple Units 0 $0.00 0 $0.00 n/a n/a
New Commercial Industrial & Commercial 2 $1,620,000.00 1 $1,600,000.00 100.00 1.25
Residential 553 $3,886,365.00 517 $4,354,917.00 6.96 (10.76)
Industrial & Commercial 17 $12,184,050.00 18 $2,849,400.00 (5.56)327.60
⧫Mechanical 302 $0.00 395 $0.00 (23.54)n/a
⧫⧫Mechanical (SF & TH)500 $0.00 432 $0.00 15.74 n/a
TOTALS 1499 $49,582,164.00 1471 $39,565,393.00 1.90 25.32
t Mechanical permits include but are not limited to f urnaces, water heaters, softeners, and fireplaces. They are flat-rate permit fees.
Increase / (Decrease)2019 Year to Date 2018 Year to Date
New Residential
Additions and
Alterations
tt Mechanical (SF & TH) permits include required plumbing, heating, sewer and water and fireplace permit s for new single family residences They are flat-rate permit fees