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Home My WebLink About01-25-2021 EDA PacketLINO LAKES ECONOMIC DEVELOPMENT AUTHORITY MEETING Monday, January 25, 2021 Immediately Following Regular City Council Meeting City Council Chambers 1. Ca11 to Order and Roll Ca11 2. Consideration of Minutes of February 10, 2020 3. Action Items A) Consideration of 2021 Annual Appointments B) 2020 Annual Report 4. Adjourn EDA MINUTES DATE TIME STARTED TIME ENDED MEMBERS PRESENT MEMBERS ABSENT OTHERS PRESENT DRAFT : February 10, 2020 . 7:05 p.m. . 7:14 p.m. : EDA Members Rafferty, Ruhland, Lyden, Stoesz : None : Community Development Director Michael Grochala The meeting was called to order at 7:05 p.m. by EDA President Stoesz. CONSIDERATION OF THE MINUTES OF JULY 22, 2019 Economic Development Authority (EDA) Member Rafferty moved to approve the July 22, 2019 minutes as presented. EDA Member Ruhland seconded the motion. Motion carried on a voice vote. ACTION ITEMS A. Consideration of 2020 Annual Appointments — Community Development Director Grochala reviewed the written report. The council had reviewed appointment at their work session on February 3. The following appointments were approved: President — Dale Stoesz Vice President- Chris Lyden Treasurer — Michael Ruhland Appointments for the remaining positions were approved as indicated on the submitted staff report. EDA Member Rafferty moved to approve the annual appointments as presented. EDA Member Lyden seconded the motion. Motion carried on a voice vote. B. 2019 Annual Report — Community Development Director Grochala explained that the EDA is required to do an annual recap of its activities. He reviewed the written annual report. EDA Member Rafferty moved to approve the annual report as presented. EDA Member Ruhland seconded the motion. Motion carried on a voice vote. ADJOURNMENT There being no further business for consideration, the meeting was adjourned at 7:14 p.m. 1 LINO LAKES ECONOMIC DEVELOPMENT AUTHORITY AGENDA ITEM 3A STAFF ORIGINATOR: Michael Grochala MEETING DATE: January 25, 2021 TOPIC: Consideration of 2021 Annual Appointments VOTE REQUIRED: Simple Majority BACKGROUND The Economic Development Authority (EDA) was established in 1990 pursuant to Minnesota Statutes, Chapter 469. The EDA is governed by a board of commissioners consisting of the City Council. Each year the Economic Development Authority is required by its by-laws to hold an annual meeting and to make a number of appointments. The following is a list of appointments for your consideration: Position 2020 2021 Recommended 1. President Dale Stoesz Chris Lyden 2. Vice President Chris Lyden Michael Ruhland 3. Treasurer Michael Ruhland Tony Cavegn 4. Secretary Community Development Director Community Development Director 5. Assistant Treasurer Finance Director Finance Director 6. Executive Director City Administrator City Administrator 7. Official Newspaper Quad Community Press Quad Community Press 8. Legal Depositories First Resource Bank LMC 4M Fund Wells Fargo Securities Wells Fargo Advisors US Bank RBC Capital Markets Moreton Capital Markets F&M Bank Others as needed First Resource Bank LMC 4M Fund Wells Fargo Securities Wells Fargo Advisors US Bank RBC Capital Markets Moreton Capital Markets F&M Bank Others as needed Position 2020 2021 Recommended 9. Legal Services Kennedy & Graven, Rupp, Anderson, Squires & Waldspurger Kennedy & Graven, Rupp, Anderson, Squires & Waldspurger Staff suggests that the appointments of President, Vice President and Treasurer be made in separate motions. The remaining appointments can be made in one motion. RECOMMENDATION Staff is recommending Board prerogative or as recommended. ATTACHMENTS 1. Past appointments 2013 - 2020 EDA Advisory Board (2013-2020) 2013 00 President — Dave Roeser 00 Vice President — Jeff O'Donnell 00 Treasurer — Dale Stoesz 00 Secretary — Economic Development Coordinator 00 Assistant Treasurer — Finance Director 00 Executive Director — City Administrator 00 Official Newspaper — Quad Community Press 00 Legal Depositories — LMC 4M Fund, Wells Fargo Securities, Wells Bank, Merrill Lynch, RBC Capital Markets, Morgan Stanley, Sterne Bank, First Resource Bank, Others as needed 0o Legal Services — Kennedy & Graven, Barna, Guzy & Steffan, Ltd., Maloney, Deck, Duea & Olson 2014 00 President — Dave Roeser 00 Vice President — Dale Stoesz 00 Treasurer — William Kusterman 00 Secretary — Community Development Director 00 Assistant Treasurer — Finance Director 00 Executive Director — City Administrator 00 Official Newspaper — Quad Community Press 00 Legal Depositories — LMC 4M Fund, Wells Fargo Securities, Wells Bank, Merrill Lynch, RBC Capital Markets, Morgan Stanley, Sterne Bank, First Resource Bank, Others as needed 00 Legal Services — Kennedy & Graven, Barna, Guzy & Steffan, Ltd., Maloney, Deck, Duea & Olson Fargo Advisors, US , Agee & Leach, F&M Ratwik, Roszak & Fargo Advisors, US , Agee & Leach, F&M Ratwik, Roszak & 2015 00 President — Dave Roeser 00 Vice President — Dale Stoesz 00 Treasurer — William Kusterman 00 Secretary — Community Development Director 00 Assistant Treasurer — Finance Director 00 Executive Director — City Administrator 0o Official Newspaper — Quad Community Press 00 Legal Depositories — LMC 4M Fund, Wells Fargo Securities, Wells Fargo Advisors, US Bank, Merrill Lynch, RBC Capital Markets, Morgan Stanley, Sterne, Agee & Leach, F&M Bank, First Resource Bank, Others as needed 00 Legal Services — Kennedy & Graven, Ratwik, Roszak & Maloney 2016 co President — William Kusterman 00 Vice President — Rob Rafferty 00 Treasurer — Michael Manthey 00 Secretary — Community Development Director 00 Assistant Treasurer — Finance Director 00 Executive Director — City Administrator 00 Official Newspaper — Quad Community Press 00 Legal Depositories — LMC 4M Fund, Wells Fargo Securities, Wells Fargo Advisors, US Bank, Merrill Lynch, RBC Capital Markets, Morgan Stanley, Sterne, Agee & Leach, F&M Bank, First Resource Bank, Others as needed x Legal Services — Kennedy & Graven, Ratwik, Roszak & Maloney 2017 00 President — Rob Rafferty 0o Vice President — Michael Manthey 00 Treasurer — Melissa Maher 0o Secretary — Community Development Director 00 Assistant Treasurer — Finance Director Executive Director — City Administrator 00 Official Newspaper — Quad Community Press co Legal Depositories — LMC 4M Fund, Wells Fargo Securities, Wells Fargo Advisors, US Bank, RBC Capital Markets, Morgan Stanley, F&M Bank, First Resource Bank, Others as needed 00 Legal Services — Kennedy & Graven, Ratwik, Roszak & Maloney 2018 co President — Michael Manthey co Vice President — Melissa Maher co Treasurer — Dale Stoesz co Secretary — Community Development Director co Assistant Treasurer — Finance Director co Executive Director — City Administrator co Official Newspaper — Quad Community Press co Legal Depositories — LMC 4M Fund, Wells Fargo Securities, Wells Fargo Advisors, US Bank, RBC Capital Markets, Morgan Stanley, F&M Bank, First Resource Bank, Others as needed co Legal Services — Kennedy & Graven, Ratwik, Roszak & Maloney 2019 co President — Melissa Maher 00 Vice President — Dale Stoesz 00 Treasurer — Rob Rafferty 00 Secretary — Community Development Director 00 Assistant Treasurer — Finance Director 00 Executive Director — City Administrator 00 Official Newspaper — Quad Community Press 00 Legal Depositories — LMC 4M Fund, Wells Fargo Securities, Wells Fargo Advisors, US Bank, RBC Capital Markets, Morgan Stanley, F&M Bank, First Resource Bank, Others as needed 0 Legal Services — Kennedy & Graven, Rupp, Anderson, Squires & Waldspurger 2020 00 President — Dale Stoesz 00 Vice President — Chris Lyden CO Treasurer — Michael Ruhland 00 Secretary — Community Development Director 00 Assistant Treasurer — Finance Director 00 Executive Director — City Administrator 00 Official Newspaper — Quad Community Press 0o Legal Depositories — First Resource Bank, LMC 4M Fund, Wells Fargo Securities, Wells Fargo Advisors, US Bank, RBC Capital Markets, Moreton Capital Markets, F&M Bank, Others as needed Do Legal Services — Kennedy & Graven, Rupp, Anderson, Squires & Waldspurger LINO LAKES ECONOMIC DEVELOPMENT AUTHORITY AGENDA ITEM 3B STAFF ORIGINATOR: Michael Grochala MEETING DATE: January 25, 2021 TOPIC: 2020 Annual Report VOTE REQUIRED: 3/5 BACKGROUND Each year staff is required to provide a recap of the prior year activities undertaken by the board. In 2020, the EDA did not undertake any specific development activities. Overall, the City continued to see substantial development activity in 2020. 166 new residential permits were issued in 2020. Total building permit valuation was approximately $51.5 million. Staff is also reporting that no modifications to the EDA enabling resolution are needed or proposed. RECOMMENDATION Staff is recommending that the EDA accept the report. ATTACHMENTS 1. Enabling Resolution 2. 2020 EDA Report Member Bohjanen introduced the following resolution and moved its adoption: CITY OF LINO LAKES RESOLUTION NO. 33 - 90 ENABLING RESOLUTION ESTABLISHING AN ECONOMIC DEVELOPMENT AUTHORITY UNDER MINNESOTA STATUTES SECTIONS 469.090 TO 469.108 WHEREAS, Minnesota Statutes Sections 469.090 through 469.108 (the "EDA Act"), authorizes cities to establish an Economic Development Authority ("EDA") with specified powers and obligations to promote and to provide incentives for economic development; and WHEREAS, the City Council of the City of Lino Lakes, Minnesota (the "Council") has determined that it is in the best interest of the City of Lino Lakes, Minnesota (the "City") to establish an EDA in order to preserve and create jobs, enhance its tax base, encourage development and redevelopment, promote the general welfare of the people of the City and assume primary responsibility for development activities within the City; and WHEREAS, the Council has provided public notice and conducted a public hearing on June 11, 1990, concerning the establishment of an EDA and has fulfilled all other legal requirements for the establishment of an EDA. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LINO LAKES AS FOLLOWS: 1. The Lino Lakes Economic Development Authority is hereby established pursuant to Section 469.091, Subd. 1 of the EDA Act. 2. The EDA shall have all of the powers, rights, duties and obligations conferred on economic development authorities by Sections 469.090 to 469.108, including the powers of a city granted by the City Development District Act, Minnesota Statutes Sections 469.124 through 469.134 and of 1 housing and redevelopment authorities granted by the Housing and Redevelopment Authorities Act, Minnesota Statutes Sections 469.001 through 469.047, or other law. 3. It is the intention of the Council, by adoption of this enabling resolution, to grant to the EDA the powers set forth in paragraph 2, while at the same time leaving unaffected by this action all powers of the City of Lino Lakes. Specifically, the City shall retain all powers necessary to carry out all development activities not hereby transferred to the EDA. 4. The EDA shall have the power of eminent domain as set forth in Section 469.101, Subdivision 4 of the EDA Act and in Chapter 9, Eminent Domain, of the City Charter. 5. The EDA shall be governed by a board of commissioners ("Commissioners") consisting of the City Council members. The terms of the Commissioners shall coincide with their terms of office as members of the Council in that such term shall expire with the expiration of the Council term being served at the time of their appointment. 6. In accordance with Section 469.100, Subdivision 2 of the EDA Act, the EDA shall submit its budget annually to the Council for approval by the Council. Within thirty (30) days of appointment of the first Board of Commissioners of the EDA pursuant to paragraph 2 hereof, the Commissioners shall submit for Council approval a temporary budget covering the period from the date of such submittal until January 1, 1991. The EDA shall submit for approval of the Council a proposed budget for the following full calendar year and shall do so in accordance with Council directions. In addition, upon submittal of its proposed annual budget to the Council, the EDA shall provide the Council an account of its receipts and expenditures as required by Section 469.100, Subdivision 4 of the EDA Act. 7. The city administrator for the City shall act as the Executive Director of the EDA and, in such capacity, shall act at the direction of the Commissioners. 8. The City Council or its designees (the "Administration") may provide such City staff to the EDA as the EDA may require; provided that the Administration may require reasonable reimbursement by the EDA for costs associated with the provision of such staff; and provided further that nothing in this paragraph shall preclude the EDA from hiring such personnel as the EDA may from time -to -time determine. 9. Each year, within sixty (60) days of the anniversary date of the first adoption of this enabling resolution, the EDA shall submit to the Council its report regarding recommended modifications, if any, of this enabling resolution as provided in Section 469.093, Subdivision 3 of the EDA Act. 10. All financial books, records, accounts and reports of the EDA shall be prepared, presented and retained by the finance department of the City, 2 which department shall have the responsibility for administering the finances of the EDA as it does the finances of the City; provided that the Administration may require reasonable reimbursement by the EDA for costs associated with the provision of such services by the finance department. 11. There is attached hereto as Exhibit "A" a list of municipal development districts created by the Council pursuant to Minnesota Statutes Sections 460.124 through 469.134 and tax increment districts created by the Council pursuant to Minnesota Statutes Sections 469.174 through 469.179, or its predecessors, the control, authority and operation of which are hereby transferred to the EDA. The EDA shall accept the transfer of these projects and districts and shall pledge to perform the terms, conditions and covenants of all agreements outstanding with respect thereto. 12. With respect to the projects and districts transferred to the EDA from the City, there is no litigation involving the City, no agreements to which the City is a party nor real or personal property owned by the City. 13. The City shall appropriate and transfer to the EDA such funds as it deems necessary from time to time to ensure that the EDA has adequate funds to carry out its activities. 14. City officials and staff are hereby authorized and directed to execute such deeds, assignments, requisitions, directives and agreements as may be necessary and appropriate to carry out the terms, conditions and intensions of this enabling resolution. 15. The EDA may request the City to levy a tax up to the maximum tax for the benefit of the EDA as specifically set forth in Section 469.107 of the EDA Act. 16. Nothing shall prevent the City from modifying this enabling resolution to impose limits on the powers of the EDA or provide for other matters as authorized in the EDA Act or other law. 17. This resolution shall become effective when the EDA holds its first meeting and accepts the transfers herein described. 18. Notwithstanding any provision herein to the contrary, the authority granted to the EDA pursuant to paragraph 2 above shall not be exercised until the EDA has established an advisory board which shall be comprised of all of the members of the City's Economic Development Commission. 3 Adopted by the City Council this llth day of June , 1990. Harold L. Bisel, Mayor ATTEST: r' yn G An erson, Clerk -Treasurer The motion for the adoption of the foregoing resolution was duly seconded by member Neal and upon vote being taken thereon, the following voted in favor thereof: Neal, Bisel, Bohjanen and the following voted against same: None Whereupon said resolution was declared duly passed and adopted. LN140-12 4 EXHIBIT A List of City Development District Projects and Tax Increment Financing Districts transferred from the City to the Economic Development Authority of Lino Lakes City Development Districts: Development District No. 1 Tax Increment Financing Districts: Tax Increment Financing District No. 1-1 Tax Increment Financing District No. 1-2 Tax Increment Financing District No. 1-3 Tax Increment Financing District No. 1-4 LN140-12 5 CIT �`fi OF INOL� KES Incredible Spaces. Outstanding Opportunities. I THE CITY OF LINO LAKES 11! 2020 EDA Report This Annual Report is designed to showcase the commercial and residential development that took place in Lino Lakes in 2020. The goal of the Lino Lakes Economic Development Au- thority is to create a thriving community and to expand the city's tax base and lessen the tax burden on residential properties. Page 2 2020 EDA Report Development Lyngblomsten Senior Living Community The applicant, Lyngblomsten at Lino Lakes, LLC, received PUD Final Plan/Final Plat approval for Phase 1 of the senior living community. Lyngblomsten is proposing a multi -phased approach to redevelopment of 7 parcels total- ing 20 acres located in the northwest quadrant of Hodg- son Road (CSAH 49) and Ash Street (CR J). Watermark 3rd and 4th Addition Watermark 3rd Addition, located in the northwest quadrant of I-35E and Main Street (CSAH 14), PUD Final plan was approved. The plat proposes 96 single family lots, 79 townhome lots and 1 outlot. Watermark 4th Addition, which proposes 91 single family lots, 1 HOA clubhouse lot and 5 outlots, will be going through the approval process in 2021. Nadeau Acres The City entered into a development agreement with BL Holdings, LLC for approximately 33 acres located north of Birch Street (CSAH 34) and west of 20th Ave- nue (CSAH 54). BL Holdings, LLC, is proposing to con- struct approximately 68 single family lots on the site. The development is proposed to occur in two phases; the first phase would include 35 lots and the second phase, 33. — .e171rir It! Otter Crossing The preliminary plat has been approved for Otter Crossing located at Main Street (CSAH 14) and Otter Lake Road. The applicant, Tyme Properties, LLC, is creating a 1.43 acre parcel for the purpose of con- structing a 7,800 sf commercial retail building. The name of the preliminary plat is Otter Crossing. Page 3 2020 EDA Report Laborers Training Center Expansion A Conditional Use Permit and Site Improvement Perfor- mance Agreement have been approved for Laborers Training Center located at 2350 Main Street. They are proposing to construct a 37,284 sf training facility to the east of the existing facility. The proposed project will include a new building with working/training bays, classrooms, offices, and an auditorium. The expansion will also include additional parking, an access road, utilities, and stormwater ponds. New Businesses Restaurants Despite COVID-19 impacting the service industry espe- cially hard, we had several new restaurants open up in 2020. Campanelle Restaurant and Bar offers beer on tap and signature handmade pasta dishes, appetizers, salads, and sandwiches located at 7114 Otter Lake Rd. Right next door, Jersey Mike's offers jumbo subs filled with cold cuts and toppings. El Zocalo Grill and Cantina serves authentic Mexican food cis well as unique drinks located at 566 Lilac St. COVID-1 9 Impact on Businesses The COVID-19 pandemic has had tremendous im- pacts at a local, regional, and national level. City staff has continued to try and provide updated infor- mation and resources to local business when availa- ble. Web links are available on the City's website to a host of state and federal agency assistance pro- grams. Unfortunately, the Chain of Lakes YMCA and the Fairview Lino Lakes Clinic notified the City and residents that they would not be reopening as a result of the COVID-19 impacts. Page 4 2020 EDA Report Other Updates 2040 Comp Plan Adopted The 2040 Comprehensive Plan was adopted on November 9th, 2020. The City's Comprehensive Plan Update will provide a frame- work to help guide City decision making for the next 20 years. The comprehensive plan is an opportunity for the community to create a vision for what you desire to see where and how residents live, learn, work and relax, and how they get around in 2040. The comprehen- sive plan will serve as a guide on how to best achieve the goals that are deemed the most important by residents. 2020 Residential & Commercial Construction 2020 Building Permits Issued Single Family Townho me Commercial Institutional Industial Agricultural The City issued a total of 878 building permits in 2020. Of that total, 166 permits were for new residential construction. There were no per- mits issued for new commercial construction/ additions. Lino Lakes 2040 Comprehensive Plan 2020 Building Valuation 4 • Residential • Commercial The total valuation for all permits issued in 2020 totaled $51.5 million. Of that total, the residential valuations totaled $48.4 million. Commercial valuations totaled $3.1 million. City of Lino Lakes 600 Town Center Pkwy, Lino Lakes MN, 55014 Michael Grochala, Community Development Director 651-982-2400 mgrochala@linolakes.us 2020 EDA Members 2020 EDAC Members Rob Rafferty, Tony Cavegn, Chris Lyden, Michael Ruhland, Dale Stoesz 1 Jim Schueller, Thomas Colgan, Andrew Cravero, Julie Jeffrey -Schwartz, Don Johnson, Patrick Kohler, Nathan Vojtech, Chad Wagner