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HomeMy WebLinkAbout10/11/2023 EDAC Combined PacketCITY OF LINO LAKES ECONOMIC DEVELOPMENT ADVISORY COMMITTEE MEETING Wednesday, October 11, 2023 8:00 A.M. Community Room AGENDA 1. CALL TO ORDER AND ROLL CALL 2. APPROVAL OF MINUTES: August 3, 2023 3. DISCUSSION ITEMS A. Local Affordable Housing Program Overview 4. ADJOURN DRAFT MINUTES CITY OF LINO LAKES ECONOMIC DEVELOPMENT ADVISORY COMMITTEE MINUTES DATE: August 3, 2023 TIME STARTED: 8:02 a.m. TIME ENDED: 9:18 a.m. MEMBERS PRESENT: Andrew Cravero, Chad Wagner, Don Johnson, Patrick Kohler, Steve Marchek, Nathan Vojtech, Jim Schueller, MEMBERS ABSENT: Julie Jeffrey-Schwartz, Blakely LaCroix, Keith Hembre STAFF PRESENT: Michael Grochala, Julie Whitney, Claire Knopf 1. CALL TO ORDER Mr. Schueller called the Economic Development Advisory Committee meeting to order at 8:02 a.m. on August 3, 2023. 2. APPROVAL OF MINUTES Mr. Cravero made a motion to approve the June 1, 2023 meeting minutes. Motion was supported by Mr. Marchek. Motion carried 7-0. 3. DISCUSSION ITEMS A. Lake Drive and Main Street Redevelopment Mr. Grochala, Community Development Director, stated that he was going to add an item after the Apollo Business Expansions item. Mr. Grochala presented the staff report on the Lake Drive and Main Street Development. Leases for the property are coming to an end and the owners are looking to either extend the leases or sell the property to a developer. There is potential to sell to the current leaser who runs an auto sales business, or to a potential developer for multifamily housing and townhomes. Interested housing developers want to make sure they are get density needed and fill the financial gap. In response to Mr. Koehler’s inquiries about a car dealership, Mr. Grochala stated that is would be a permitted use, but likely would not result in any major redevelopment of the property. The committee discussed the contamination of the site and were informed that clean-up would be dependent on future use and fall to the property owner at the time of sale. In response to Mr. Vojtech’s questions about other inquired into the Economic Development Advisory Committee August 3, 2023 Page 2 DRAFT MINUTES apartment aside from housing, Mr. Grochala stated that the site is not seen as a significant commercial development opportunity. B. Apollo Business Expansions Mr. Grochala presented staff report on the expansion of Rice Industries and Mountain Manufacturing. Mr. Cravero asked about the cost of reconfiguring pond, to which Mr. Grochala stated that Mountain Manufacturing would cover the costs. Mr. Grochala added that there is the possibility to have them handle the construction of a new storm water pond across the street as well. Mr. Vojtech asked whether reconfiguring this pond would open up issues with other people wanting to do the same. Mr. Grochala stated that this was a unique case. The EDAC expressed support for current expansion plans. Mr. Grochala discussed his additional item regarding the Carroll Estates property and the 77th and Market Place road realignment. The City is seeking to sell the broker property and acquire ROW to relocate the street and utilities and then consolidate parcels to get about a 2.75 acre parcel. Proceeds from sale of property would help cover costs of the road construction and open up further opportunities for redevelopment in the area. There have been issues securing a developer with the City’s desire to restrict use of land, prohibiting uses such as automotive. The committee discussed options to continue to try and sell the land and hold firm to restrictions on use, or to buy the broker’s piece of land and clean-up site, plan the road, and possibly use an interfund loan and reimburse the City through later development. Broker is asking for $360,000 and with costs of cleaning up property it would come to around $385,000. EDAC supported holding firm on restrictions C. Redevelopment/Strategic Acquisitions Property Identification Mr. Grochala presented staff report on the Redevelopment/Strategic Acquisition Property Identification. The committee discussed which properties to keep, remove, and add to the inventory. Upon review, EDAC agreed to remove 6000 Hodgson, add 6680 Hodgson, and keep all other properties. Staff directed to inform owners of the 80th and 35E interchange properties of the City’s interest in acquiring the land. D. Project Updates Mr. Grochala updated the committee on current City projects. Mr. Grochala wanted to move the date for the September meeting. The EDAC agreed to move the meeting to September 21, 2023. Staff was directed to send email informing EDAC members and relevant staff of change to September meeting date. 4. ADJOURNMENT Economic Development Advisory Committee August 3, 2023 Page 3 DRAFT MINUTES Mr. Schueller made a motion to adjourn the meeting at 9:18 a.m. Motion was supported by Mr. Kohler. Motion was carried 7-0. Respectfully submitted, Claire Knopf, Community Development Intern ECONOMIC DEVELOPMENT ADVISORY COMMITTEE AGENDA ITEM 3A STAFF ORIGINATOR: Mike Grochala, Community Development Director EDAC MEETING DATE: October 11, 2023 TOPIC: Local Affordable Housing Aid (LAHA) BACKGROUND The Local Affordable Housing Aid was created by the 2023 Legislature. The first year it will be paid is 2024. The purpose of the aid is to help metropolitan local governments develop and preserve affordable housing within their jurisdictions. The annual appropriation comes from a sales and use tax imposed within Anoka, Carver, Dakota, Hennepin, Ramsey, Scott and Washington Counties. Cities with a population of over 10,000 within these counties are eligible to receive aid. Representatives from Ehlers and Associates will present and overview of the program and some possible considerations for implementation. A memo, dated October 6, 2023, is attached for your review. Based on feedback from the EDAC staff will begin developing options for consideration. The EDAC has previously discussed establishing a revolving loan program for affordable housing maintenance activities. Staff has temporarily suspended moving forward with that program until a determination is made on the Local Affordable Housing Aid. EDAC CONSIDERATION Discussion only. The Committee will have an opportunity to discuss potential opportunities and comment on potential program options. ATTACHMENTS 1. Ehlers Memo • • • • • • • • •