HomeMy WebLinkAbout02-16-2007 MOUNDS VIEW
ECONOMIC DEVELOPMENT COMMISSION AGENDA
February 16, 2007
7:30 A.M.
MOUNDS VIEW CITY HALL - CITY COUNCIL CHAMBERS
1. CALL TO ORDER A.M.
2. ROLL CALL (Present = P, Absent = A)
Belting Entsminger
Field Helgemoe
Jaker Johnson
Meehlhause Backman (Staff)
Ericson (Staff)
3. APPROVE EDC MINUTES
November 15, 2006
Motion: Second: Vote:
4. SPECIAL BUSINESS
A. None
5. EDC BUSINESS
A. Economic Development Priorities for 2007
B. Review Draft of Mounds View Business Toolbox
6. REPORT OF COMMISSIONERS, STAFF AND EDA LIAISON
A. Report of Commissioners -No Materials Attached
B. Reports of Staff
1. Medtronic CRDM Campus Update
2. Legislative Activity—Appropriation for Noise Wall Extension along State
Hwy 10 in Mounds View and for I-35W Design Concept Study
3. Premium Stop Redevelopment
4. Other
a
. 7. ADJOURN at A.M.
Next Regularly Scheduled Meeting: March 16, 2007
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2/16/07
ECONOMIC DEVELOPMENT COMMISSION
2007 PRIORITIES
In January the members of the Mounds View EDC discussed the results of economic
development activities during 2006 and considered economic development priorities for
Mounds View in 2007. Potential projects were discussed and ranked by consensus in the
following manner:
1. Premium Stop Redevelopment Area (Inc. adjacent parcels on H2, County Hwy 10
and Woodale areas)
2. Silver View Plaza Promotion/Renewal (High vacancy; Invite KA Management to
EDA Mtg.)
3. Development/Redevelopment along County Hwy 10 Corridor
4. Skyline Motel Property Redevelopment for Manufacturing or Commercial Use
• 5. PAK Building Redevelopment (Possibly inc. adjacent parcels)
6. Knollwood Place (Moving ahead with townhouse project by Integra Homes).
7. Bauer Welding & Metal Fabricators Expansion
8. Laport Meadows Housing Development (Possibly inc. adjacent parcels)
9. Exploration of potential Sherwood / Greenwood Housing Development
10. Promote greater customer attendance at Carmike / Wynngsong Theater
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•
Mounds View Business Toolbox
x
"Providing the Right Tools for Your Business"
•
City of Mounds View
Department of Community Development
763-717-4020
www.ci.mounds-view.mn.us
February 2007
•
3) Business Improvement Partnership Program
The City's Economic Development Authority has a vested interest in helping
• Mounds View businesses thrive and prosper while improving the aesthetics of the
commercial, industrial, and retail sectors of the community. Accordingly, the
Mounds View Business Improvement Partnership Program has been established
to partner with local businesses by providing 2% interest loans for exterior and
interior building improvements.
Who can apply:
Any business owner with a facility or property located in Mounds View.
How does the program work:
The City's Economic Development Authority, in partnership with local banks, will
provide improvement loans to existing Mounds View businesses at a minimum of
$10,000 and a maximum of $50,000. The City participates by providing half of the
loan amount at a 2% interest rate. Contact Jim Ericson at 763-717-4021 for
additional information regarding eligible improvements program criteria.
4) Bonds used for Development
By state law cities can issue bonds. These debt instruments can be taxable or
tax-exempt. Not all bonds are general obligation. Pure revenue bonds are also
common, especially for development. Bonds can be used to pay project costs and
for the first two or three years of interest payments. This reduces the need for
short-term revenue. There are several types of bonds the City could consider in
its toolbox:
• a) Revenue Bonds. Various bonds used to finance industrial, commercial
and medical facilities, multifamily rental housing, nursing homes and
some nonprofit activities.
b) Industrial Revenue Bonds. Allows cities to issue tax-exempt bonds to
finance fixed assets. In the typical transaction, the city issues the bonds
and becomes the legal owner of the asset (e.g. building). The City then
leases back or sells the asset to the company. The firm's repayment
coincides with bond payback.
c) Essential Function Bonds. Certain types of economic development are
considered by the state to be "essential functions" of a city. Sometimes
called "housing revenue bonds", these bonds are not backed by the
general fund, revenues generated by the project pay the bond, can be
used for a variety of housing options (market and nonmarket rate).
d) Common Bond Revenue Bonds. State and local governments may
issue tax-exempt or taxable revenue bonds on behalf of private
borrowers to provide lower interest rates on long-term financing. In
general, manufacturing, medical facility, nonprofit or nursing home
projects are eligible for tax-exempt revenue bonds and those issued for
commercial projects are taxable. Bonds issued through the Common
Bond Fund are investment-grade instruments with a rating based on the
security provided by the fund.
e) Bank Qualified Bank Direct Tax-Exempt Loans. These are cost-
• effective tax-exempt financing for capital projects for small
manufacturing companies and nonprofit organizations.
t
•
Mounds View Business Toolbox
es`:
"Providing the Right Tools for Your Business"
•
City of Mounds View
Department of Community Development
763-717-4020
www.ci.mounds-view.mn.us
February 2007
S
•
Mounds View Business Toolbox
The City of Mounds View wants to work in partnership with Mounds View businesses.
There are various resources and services to help businesses get started and grow.
Mounds View's Business Toolbox can help your business access resources for new
development and expansion, find skilled employees, train your employees and more.
For more information about these programs and services, you may contact Aaron
Backman at 763-717-4029.
The City of Mounds View welcomes the opportunity to attract high-quality businesses to
the community. Since the 1980's the City has provided financial and technical assistance
to large and small companies to locate or expand in Mounds View.
Some of the projects since 2000 have included warehouse and parking expansions
valued at over $4.2 million of SYSCO Minnesota; a $10 million expansion of The
Mermaid (adding a hotel and conference area, etc.), and a $1.5 million facility expansion
for manufacturer C.G. Hill & Sons; the relocation to the City of Mounds View of Colonial
Craft (adding over 200 jobs), Blooming Prairie Natural Foods (now Albert's Organics),
Minnesota Institute of Public Health (MIPH), and Let's Get Graphic; the construction of
the Highway 10 Business Center, Edgewood and Long Lake Commerce Centers,
. Caribou Coffee, Snyders Drug Store, CVS Pharmacy, and Walgreen's; and the current
renovation of Mounds View Square. A recent sizeable project is the ongoing construction
of the new $96+ million corporate campus for Medtronic that in the first phase will employ
approximately 4,000 persons and encompass 1.2 million square feet of office and
laboratory space. The campus is projected to open in the fall of 2007.
If you do business in Mounds View or if you would like to in the future, the City's Business
Toolbox has a range of resources and services that you can tap into. We offer or can
connect you with the following business assistance:
A. Site Location Assistance
B. Development Review Services
C. Business Finance Loans & Grants
D. Workforce Development Programs
E. Business Development Programs
Economic Development staff will work to access both internal and external resources to
meet your company's expansion and relocation needs. For the appropriate staff person,
you may contact the Mounds View's Community Development Department at 763-717-
4020.
•
• A. Site Location Assistance
The City of Mounds View maintains information on development opportunities within the
community. These include vacant parcels, available building spaces, and redevelopment
properties. For more information, feel free to contact Jim Ericson at 763-717-4021 /
jim.ericson@ci.mounds-view.mn.us, or Aaron Backman at 763-717-4029 /
aaron.backman@ci.mounds-view.mn.us.
B. Development Review Services
Businesses considering Mounds View as an expansion or relocation are encouraged to
contact staff at the Mounds View City Hall for various services, including construction and
building services, licenses, and zoning reviews. The Community Development staff
evaluates developer proposals and reviews project plans that are presented by
businesses and/or architectural/engineering firms. As such, staff does consider
setbacks, permits, and rezoning that may facilitate projects.
C. Business Finance Loans & Grants
• The City of Mounds View has several financial assistance programs for businesses, both
for existing businesses desiring to expand and for businesses new to the City.
1) Tax Increment Financing (TIF)
TIF is considered the premier tool for economic development in Minnesota.
Since 1986 the biggest single development tool in the City of Mounds View's
Toolbox has been the use of Tax Increment Financing (TIF). TIF, in brief, is the
ability to capture and use all increased local property tax revenues from new
development within a defined geographic area. TIF payments to developers can
be used for eligible uses, such as land acquisition, demolition, utilities, parking,
relocation, administration, etc. There are different types of TIF districts, including
redevelopment, economic development, housing, and soils condition districts.
Mounds View currently has four tax increment financing districts—three
redevelopment districts and one economic development district.
2) Tax Rebate Financing (TRF)
In 2000 the City of Mounds View adopted policies pertaining to Tax Rebate
Financing (also known as Tax Abatement). An abatement is a property tax
repayment rather than an exemption from paying property taxes. It is a method to
finance up-front costs and provide additional equity to a development or to finance
a public improvement. For eligible redevelopment and development projects, all or
a portion of City real estate taxes can be rebated for up to 15 or 20 years.
Ramsey County and the Mounds View School District can also rebate all or a
• portion of their share of real estate taxes.
5) Ramsey County Business Loan Program
The Ramsey County Business Loan Program provides gap financing that can be
used in conjunction with other private and public funds.
Who can apply:
In general, loans are restricted to commercial, industrial, or service oriented
businesses located in or moving to Ramsey County. In addition, businesses must
be registered to do business in the State of Minnesota and demonstrate a need for
public financing.
How does the program work:
Loans are typically made for the purchase of capital equipment, land and building
acquisition, and building rehabilitation or new construction. Application fees are
low, and rates and terms are more flexible than the market. Loans of up to
$250,000 are provided. To request an application, or to obtain more information,
you can contact Denise Beigbeder at the Ramsey County Community and
Economic Development office at 651-266-8005.
6) State of Minnesota Business Financing Programs
The Department of Employment and Economic Development encourages the
creation of high quality jobs through business growth, expansion and retention.
Business Development Services help companies expand or relocate in Minnesota,
find and train employees, promote international trade, and finance business
expansions. The most likely funding program applicable to Mounds View
• businesses would be the Minnesota Investment Fund (MIF). It's designed for
businesses acquiring "fixed assets" (such as equipment, buildings, and land) and
adding new employees as a result. This program provides companies below-
market financing. Virtually all types of businesses are eligible, except retail. The
maximum award is $500,000. The applicant is the city. Terms are negotiated.
7) Small Business Administration Loan Programs — SBA 504 Loan /7a Loan
The U.S. Small Business Administration provides a wide array of programs to help
small businesses, including financial and federal contract procurement assistance,
management assistance, and specialized outreach to women, minorities, and
veterans.
The SBA 504 Loan program provides fixed-rate, long-term financing for land,
buildings and manufacturing equipment or machinery. SBA 504 Loans feature a
10 to 20 amortization, fixed-loan payments, below market interest rates, and a low
downpayment. The deal structure is 50% bank loan (1St position), 40% SBA 504
(2nd position), and 10% equity injection. (A new business and a special-purposed
building require 20% equity injection.) The program's minimum and maximum loan
amounts are $50,000 and $750,000 respectively.
How does the program work:
Businesses should contact the certified development company authorized by SBA
• to originate and service SBA 504 loans in their geographic area. SPEDCO is a
non-profit certified development company located in New Brighton whose mission
is to help small businesses obtain financing for job creation, to fund business
expansion and to promote economic development in Minnesota. SPEDCO can
handle SBA Loan financing for businesses wishing to expand or locate in Mounds
View. They provide long-term, fixed rate loans through the SBA 504 Loan
program and also provide 7(a) loan packaging consulting services to banks and
their customers. For more information call 651-631-4900.
D. Workforce Development Programs
Minnesota WorkForce Centers (WFCs) provide the tools, resources and services needed
for job search, career planning and training needs. WorkForce Centers are a
collaboration of partners. People seeking work, businesses seeking employees,
students, and those looking for a first job or returning to the workforce, will find services
to meet their needs, most offered at no cost. Each WFC house houses a Resource Area
that operates similar to a library.
The Ramsey County WorkForce Center that services businesses in the City of Mounds
View is located in North St. Paul. The Center provides a variety of services to employers
to meet their employee recruitment and retention needs. Some services provided include
training seminars, training grants, job fairs, and wage subsidies to name a few.
Businesses may contact Cheryl Beaumier, Business Services at the Minnesota
Department of Employment & Economic Development at 651-779-5645. Businesses can
also visit the Department's website at www.deed.state.mn.us. Some of the workforce
• programs available to employers include:
1) Minnesota's Job Bank
The Minnesota Department of Employment and Economic Development (DEED) is
responsible for administering various state and federal programs that provide
workforce development services. Minnesota's Job Bank is an Internet-based self-
service system where member employers and job seekers can find each other.
Employer members can post job openings to be searched by job seekers.
Employer members can also search for job candidates and contact them by email.
Job seeker members can post a resume to be searched by employers. Members
can also search for job openings, contact employers by e-mail, and apply online.
2) Work Opportunity Tax Credit (WOTC) & Welfare-to-Work Tax Credit (WtW)
WOTC allows employers to take a federal income tax credit when they hire
persons from certain targeted groups. For most groups, the maximum credit is
40% of the first $6,000 in qualified wages for a savings of $2,400. The WtW Tax
Credit is a two-year program involving the hiring of long-term family assistance
recipients that provides tax savings up to $8,500 for each eligible new hire.
3) Customized Training Programs.
The Metro Consortium for Customized Training is an association of the
Customized Training divisions of the 10 metropolitan area community and
technical colleges and Metropolitan State University. It facilitates customized
• training for Minnesota employers using the expertise and resources of the 10
institutions. For example, Anoka-Ramsey Community College has collaborated
with the Consortium and customized training programs for various occupations
pertaining to the medical device industry.
4) Minnesota Vocational Rehabilitation (VR) Program
The VR Program helps Minnesotans with significant disabilities get ready for, find
and keep their chosen jobs and careers.
E. Business Development Programs
The City of Mounds View collaborates with several other entities that provide services to
our local businesses. These include the Twin Cities North Chamber of Commerce
(located in Mounds View), the DEED Small Business Development Center (in
Minneapolis), and the Ramsey County Workforce Investment Board (also referred to as
Workforce Solutions, located in North St. Paul).
In addition to several annual events, the Twin Cities North Chamber of Commerce hosts
these monthly business education and networking events:
1) Twin Cities North Chamber of Commerce —www.twincitiesnorth.org
A. Breakfast Club
This activity occurs twice monthly and is held at the Mounds View
Community Center. The Chamber hosts a formal morning breakfast
• networking event attended by area member businesses. The event attracts
traditionally 30 participants interested in marketing their organization and
exchanging best practice ideas. The group meets the second and forth
Thursday at 7:30 a.m. The cost is $5 per person.
B. Business Smartz
The Chamber provides a practical business education forum in its
guaranteed Business Smartz Seminar series. The Business Smartz
program takes place the first Tuesday of the month, traditionally in the
morning. This hour and a half long seminar is focused on educational
topics that are practical and beneficial to business owners and key
management in small to mid-sized organizations. Topics vary. The cost
per event is $15.
C. Evening Exchange
Evening Exchange is a monthly afternoon networking event-taking place at
an area business. Evening Exchange is designed to create a relaxed
networking environment where business professionals from all company
sizes can discuss partnership opportunities and exchange ideas. The event
generally occurs the second Wednesday of the month. Location varies. No
cost except for beverages.
S
D. Monthly Educational Luncheon
• The TCN Chamber hosts a monthly networking and educational luncheon.
The event includes an average of 50 participants and is intended to connect
with both new area businesses as well as those with deep roots in the
community. A featured presenter discusses issues pertinent to members in
the northern Twin Cities suburbs. Location varies. Cost is $16 per person.
E. north yp network
As an offering geared toward early stage business professionals, the north
yp network serves as the Chamber's young professionals networking and
education group (ages from 21 to 35+/-). The north yp network holds
events twice a month: one social/networking; one educational. The group
self directs its agenda and is run by an active committee. Location and cost
varies.
2) DEED Small Business Development Center (SBDC) — www.mnsbdc.com
The state's SBDC offers individual advice and guidance concerning the formation,
management, financing and operation of businesses. Counseling is provided at
no charge to qualified businesses, although there may be a fee for certain out-of-
pocket costs incurred by the SBDC. To qualify for counseling, the business must
be "small" as defined by the U.S. Small Business Administration. Individuals who
are considering starting a business are also eligible for counseling.
How does the program work:
• The client must sign a "Request for Counseling" form and must agree to
participate in surveys designed to measure the effectiveness of the SBDC
program. To maximize the value of the counseling, clients should prepare a draft
business plan before meeting with the counselor. SBDC counselors have
significant experience in the private sector, and many have extensive
management and financial consulting backgrounds. To learn more about the
services, Mounds View businesses can contact the local SBDC office located in at
the University of St. Thomas (Minneapolis campus). You can contact Michael
Ryan at 651-962-4500.
3) Ramsey County Workforce Investment Board (Workforce Solutions)
Workforce Solutions serves the business community and the jobseekers in
Ramsey County with workforce-related services. It provides and coordinates
specialized workplace products and services to employers and individuals that
meet the needs of the area labor market. Workforce Solutions staff can consult
with Mounds View businesses regarding business-specific employee recruiting
and placement, employee retention support, workforce restructuring, labor market
information, etc. Local businesses can contact Karyn Berg, Workforce Solutions
at 651-779-5652.
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MOUNDS VIEW
ECONOMIC DEVELOPMENT COMMISSION AGENDA
January 19, 2007
7:30 A.M.
MOUNDS VIEW CITY HALL - CITY COUNCIL CHAMBERS
1. CALL TO ORDER '% .3 t' A.M.
2. INTRODUCTION & SWEARING IN OF RENEWING COMMISSION MEMBERS:
TORRI JOHNSON, JASON HELGEMOE, GARY MEEHLHAUSE
3. ROLL CALL (Present = P, Absent = A)
Belting Entsminger
✓ Field �: Helgemoe
Jaker Johnson
Meehlhause -° Backman (Staff)
Ericson (Staff)
4. ELECTION OF 2007 CHAIRPERSON AND VICE CHAIR
C° -.—
5. APPROVE EDC MINUTES � � �3, 1/ �
v-vv fly,1,4 6 1-v
November 15, 2006 01 om= ,
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Motion: Second: Vote:
6. SPECIAL BUSINESS 6 - 0-1,11&14'h /?14
A. None
7. EDC BUSINESS
A. Economic Development Priorities for 2007 (inc. discussion of 2006 priorities)
:/ • Bridges Golf Course Redevelopment—Property sold and Medtronic
CRDM Campus under construction; Phase I completion in fall 2007.
('.) • Skyline Motel Redevelopment—Environmental Processing Center was
proposed; Project not approved by M.V. City Council.
• PAK Building—New parking lot to be done by Velmeir; No action until
2007.
v • Mounds View Square Redevelopment—Paster Enterprises is renovating
the shopping center; Aldi's Grocery Store moving in early 2007.
• Bauer Welding Expansion—No building expansion; Company submitted
permits for renovation of existing facility.
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Economic Development Priorities (Cont.)
1111 ,/ • Hardee's Restaurant Redevelopment—Property renovated; Caribou
Coffee and H&R Block moved in; Little Caesar's considering.
• LaPort Meadows Housing Development—Wetland Delineation Study
completed; Developers are considering the site.
• Woodale & County Rd. 10 Commercial/Retail Development—Developer is
considering the site; Area part of Premium Stop Study.
• Promotion of Silver View Plaza—Over half of shopping center is vacant
Kraus-Anderson reps spoke before the EDC. �
/ • Hidden Hollow Development Phase 2—Hidden Hollow South approved by i.
City; Utilities installed; Model Home completed.
• Sherwood/Greenwood Housing Development—Information provided to
developer; No other action at this time. VLARA.,
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8. REPORT OF COMMISSIONERS, STAFF AND EDA LIAISON
qr cY#u i2rr O+w
A. Report of Commissioners –No Materials Attached / ' ,'
B. Reports of Staff
1. Medtronic CRDM Campus Update (PowerPoint Presentation)
2. Medtronic Workforce Collaboration Activities
• 3. Legislative Activity—Appropriation for Noise Wall Extension along State
Hwy 10 in Mounds View and for I-35W Design Concept Study
4. Recognition by Visit Minneapolis North
5. Other
9. ADJOURN at 9: 0 2 A.M.
Next Regularly Scheduled Meeting: February 16, 2007
\\Trout\CommDev\Economic Development\EDC\Agendas\EDC Agenda07\1-19-07.doc
•
MOUNDS VIEW
ECONOMIC DEVELOPMENT COMMISSION AGENDA
February 16, 2007
7:30 A.M.
MOUNDS VIEW CITY HALL - CITY COUNCIL CHAMBERS
1. CALL TO ORDER A.M.
2. ROLL CALL (Present = P, Absent = A)
Belting Entsminger
Field Helgemoe
Jaker Johnson
Meehihause Backmancson (St(Staff
aff) )
Eri
3. APPROVE EDC MINUTES
November 15, 2006
Motion: Second: Vote:
4. SPECIAL BUSINESS
A. None
5. EDC BUSINESS
A. Economic Development Priorities for 2007
B. Review Draft of Mounds View Business Toolbox
6. REPORT OF COMMISSIONERS, STAFF AND EDA LIAISON
A. Report of Commissioners -No Materials Attached
B. Reports of Staff
1. Medtronic CRDM Campus Update
2. Legislative Activity—Appropriation for Noise Wall Extension along State
Hwy 10 in Mounds View and for I-35W Design Concept Study
3. Premium Stop Redevelopment
4. Other
• 7. ADJOURN at A.M.
Next Regularly Scheduled Meeting: March 16, 2007
•
\\Trout\CommDev\Economic Development\EDC\Agendas\EDC Agenda07\2-16-07.doc
11
•
2/16/07
ECONOMIC DEVELOPMENT COMMISSION
2007 PRIORITIES
In January the members of the Mounds View EDC discussed the results of economic
development activities during 2006 and considered economic development priorities for
Mounds View in 2007. Potential projects were discussed and ranked by consensus in the
following manner:
1 . Premium Stop Redevelopment Area (Inc. adjacent parcels on H2, County Hwy 10
and Woodale areas)
2. Silver View Plaza Promotion/Renewal (High vacancy; invite KA Management to
EDA Mtg.)
3. Development/Redevelopment along County Hwy 10 Corridor
4. Skyline Motel Property Redevelopment for Manufacturing or Commercial Use
• 5. PAK Building Redevelopment (Possibly inc. adjacent parcels)
6. Knollwood Place (Moving ahead with townhouse project by Integra Homes).
7. Bauer Welding & Metal Fabricators Expansion
8. Laport Meadows Housing Development (Possibly inc. adjacent parcels)
9. Exploration of potential Sherwood / Greenwood Housing Development
10. Promote greater customer attendance at Carmike / Wynngsong Theater
•
•
Mounds View Business Toolbox
"Providing the Right Tools for Your Business"
•
City of Mounds View
Department of Community Development
763-717-4020
www.ci.mounds-view.mn.us
•
•
Mounds View Business Toolbox
The City of Mounds View wants to work in partnership with Mounds View businesses.
There are various resources and services to help businesses get started and grow.
Mounds View's Business Toolbox can help your business access resources for new
development and expansion, find skilled employees, train your employees and more.
For more information about these programs and services, you may contact Aaron
Backman at 763-717-4029.
The City of Mounds View welcomes the opportunity to attract high-quality businesses to
the community. Since the 1980's the City has provided financial and technical assistance
to large and small companies to locate or expand in Mounds View. Some of the projects
since 2000 have included warehouse and parking expansions valued at over $4.2 million
of SYSCO Minnesota; a $10 million expansion of The Mermaid (adding a hotel and
conference area, etc.), and a $1 .5 million facility expansion for manufacturer C.G. Hill &
Sons; the relocation to the City of Mounds View of Colonial Craft (adding over 200 jobs),
Blooming Prairie Natural Foods (now Albert's Organics), Minnesota Institute of Public
Health (MIPH), and Let's Get Graphic; the construction of the Highway 10 Business
. Center, Edgewood and Long Lake Commerce Centers, Caribou Coffee, CVS Pharmacy,
Snyders Drug Store, CVS Pharmacy, and Walgreen's; and the current renovation of
Mounds View Square. A recent sizeable project is the ongoing construction of the new
$96+ million corporate campus for Medtronic that in the first phase will employ
approximately 4,000 persons and encompass 1 .2 million square feet of office and
laboratory space. The campus is projected to open in the fall of 2007.
If you do business in Mounds View or if you would like to in the future, the City's Business
Toolbox has a range of resources and services that you can tap into. We offer the
following business assistance:
• Business Development Programs
• Site Location Assistance
• Development Project Review Services
• Business Finance Loans & Grants
• Workforce Development Programs
Economic Development staff will work to access both internal and external resources to
meet your company's expansion and relocation needs. For the appropriate staff person,
you may contact the Mounds View's Community Development Department at 763-717-
4020.
•
• A. Business Development Programs
The City of Mounds View collaborates with several other entities that provide services to
our local businesses. These include the Twin Cities North Chamber of Commerce
(located in Mounds View), the DEED Small Business Development Center (in
Minneapolis), and the Ramsey County Workforce Investment Board (also referred to as
Workforce Solutions, located in North St. Paul).
In addition to several annual events, the Twin Cities North Chamber of Commerce hosts
these monthly business education and networking events:
1) Twin Cities North Chamber of Commerce —www.twincitiesnorth.org
A. Breakfast Club
This activity occurs twice monthly and is held at the Mounds View
Community Center. The Chamber hosts a formal morning breakfast
networking event attended by area member businesses. The event attracts
traditionally 30 participants interested in marketing their organization and
exchanging best practice ideas. The group meets the second and forth
Thursday at 7:30 a.m. The cost is $5 per person.
B. Business Smartz
The Chamber provides a practical business education forum in its
• guaranteed Business Smartz Seminar series. The Business Smartz
program takes place the first Tuesday of the month, traditionally in the
morning. This hour and a half long seminar is focused on educational
topics that are practical and beneficial to business owners and key
management in small to mid-sized organizations. Topics vary. The cost
per event is $15.
C. Evening Exchange
Evening e g Exchange is a monthly afternoon networking event-taking place at
an area business. Evening Exchange is designed to create a relaxed
networking environment where business professionals from all company
sizes can discuss partnership opportunities and exchange ideas. The event
generally occurs the second Wednesday of the month. Location varies. No
cost except for beverages.
D. Monthly Educational Luncheon
The TCN Chamber hosts a monthly networking and educational luncheon.
The event includes an average of 50 participants and is intended to connect
with both new area businesses as well as those with deep roots in the
community. A featured presenter discusses issues pertinent to members in
the northern Twin Cities suburbs. Location varies. Cost is $16 per person.
•
E. north yp network
As an offering geared toward early stage business professionals, the north
. yp network serves as the Chamber's young professionals networking and
education group (ages from 21 to 35+/-). The north yp network holds
events twice a month: one social/networking; one educational. The group
self directs its agenda and is run by an active committee. Location and cost
varies.
2) DEED Small Business Development Center (SBDC) —www.mnsbdc.com
The state's SBDC offers individual advice and guidance concerning the formation,
management, financing and operation of businesses. Counseling is provided at
no charge to qualified businesses, although there may be a fee for certain out-of-
pocket costs incurred by the SBDC. To qualify for counseling, the business must
be "small" as defined by the U.S. Small Business Administration. Individuals who
are considering starting a business are also eligible for counseling.
How does the program work:
The client must sign a "Request for Counseling" form and must agree to
participate in surveys designed to measure the effectiveness of the SBDC
program. To maximize the value of the counseling, clients should prepare a draft
business plan before meeting with the counselor. SBDC counselors have
significant experience in the private sector, and many have extensive
management and financial consulting backgrounds. To learn more about the
services, Mounds View businesses can contact the local SBDC office located in at
• the University of St. Thomas (Minneapolis campus). You can contact Michael
Ryan at 651-962-4500.
3) Ramsey County Workforce Investment Board (Workforce Solutions)
Workforce Solutions serves the business community and the jobseekers in
Ramsey County with workforce-related services. It provides and coordinates
specialized workplace products and services to employers and individuals that
meet the needs of the area labor market. Workforce Solutions staff can consult
with Mounds View businesses regarding business-specific employee recruiting
and placement, employee retention support, workforce restructuring, labor market
information, etc. Local businesses can contact Karyn Berg, Workforce Solutions
at 651-779-5652.
B. Site Location Assistance
The City of Mounds View maintains information on development opportunities within the
community. These include vacant parcels, available building spaces, and redevelopment
properties. For more information, feel free to contact Jim Ericson at 763-717-4021 /
jim.ericson@ci.mounds-view.mn.us, or Aaron Backman at 763-717-4029 /
aaron.backman@ci.mounds-view.mn.us.
•
C. Development Project Review Services
• Businesses considering Mounds View as an expansion or relocation are encouraged to
contact staff at the Mounds View City Hall for various services, including construction and
building services, licenses, and zoning reviews. The Community Development staff
evaluates developer proposals and reviews project plans that are presented by
businesses and/or architectural/engineering firms. As such, staff does consider
setbacks, permits, and rezoning that may facilitate projects.
D. Business Finance Loans & Grants
The City of Mounds View has several financial assistance programs for businesses, both
for existing businesses desiring to expand and for businesses new to the City.
1) Tax Increment Financing (TIF)
TIF is considered the premier tool for economic development in Minnesota. Since
1986 the biggest single development tool in the City of Mounds View's Toolbox
has been the use of Tax Increment Financing (TIF). TIF, in brief, is the ability to
capture and use all increased local property tax revenues from new development
within a defined geographic area. TIF payments to developers can be used for
eligible uses, such as land acquisition, demolition, utilities, parking, relocation,
administration, etc. There are different types of TIF districts, including
• redevelopment, economic development, housing, and soils condition districts.
Mounds View currently has four tax increment financing districts—three
redevelopment districts and one economic development district.
2) Tax Rebate Financing (TRF)
In 2000 the City of Mounds View adopted policies pertaining to Tax Rebate
Financing (also known as Tax Abatement). An abatement is a property tax
repayment rather than an exemption from paying property taxes. It is a method to
finance up-front costs and provide additional equity to a development or to finance
a public improvement. For eligible redevelopment and development projects, all or
a portion of City real estate taxes can be rebated for up to 15 or 20 years.
Ramsey County and the Mounds View School District can also rebate all or a
portion of their share of real estate taxes.
3) Business Improvement Partnership Program
The City's Economic Development Authority has a vested interest in helping
Mounds View businesses thrive and prosper while improving the aesthetics of the
commercial, industrial, and retail sectors of the community. Accordingly, the
Mounds View Business Improvement Partnership Program has been established
to partner with local businesses by providing 2% interest loans for exterior and
interior building improvements.
• Who can apply:
Any business owner with a facility or property located in Mounds View.
How does the program work:
The City's Economic Development Authority, in partnership with local banks, will
provide improvement loans to existing Mounds View businesses at a minimum of
$10,000 and a maximum of $50,000. The City participates by providing half of the
loan amount at a 2% interest rate. Contact Jim Ericson at 763-717-4021 for
additional information regarding eligible improvements program criteria.
4) Bonds used for Development
By state law cities can issue bonds. These debt instruments can be taxable or
tax-exempt. Not all bonds are general obligation. Pure revenue bonds are also
common, especially for development. Bonds can be used to pay project costs and
for the first two or three years of interest payments. This reduces the need for
short-term revenue. There are several types of bonds the City could consider in
its toolbox:
a) Revenue Bonds. Various bonds used to finance industrial, commercial
and medical facilities, multifamily rental housing, nursing homes and
some nonprofit activities.
b) Industrial Revenue Bonds. Allows cities to issue tax-exempt bonds to
finance fixed assets. In the typical transaction, the city issues the bonds
and becomes the legal owner of the asset (e.g. building). The City then
leases back or sells the asset to the company. The firm's repayment
coincides with bond payback.
c) Essential Function Bonds. Certain types of economic development are
considered by the state to be "essential functions" of a city. Sometimes
• called "housing revenue bonds", these bonds are not backed by the
general fund, revenues generated by the project pay the bond, can be
used for a variety of housing options (market and nonmarket rate).
d) Common Bond Revenue Bonds. State and local governments may
issue tax-exempt or taxable revenue bonds on behalf of private
borrowers to provide lower interest rates on long-term financing. In
general, manufacturing, medical facility, nonprofit or nursing home
projects are eligible for tax-exempt revenue bonds and those issued for
commercial projects are taxable. Bonds issued through the Common
Bond Fund are investment-grade instruments with a rating based on the
security provided by the fund.
e) Bank Qualified Bank Direct Tax-Exempt Loans. These are cost-
effective tax-exempt financing for capital projects for small
manufacturing companies and nonprofit organizations.
5) Ramsey County Business Loan Program
The Ramsey County Business Loan Program provides gap financing that can be
used in conjunction with other private and public funds.
Who can apply:
In general, loans are restricted to commercial, industrial, or service oriented
businesses located in or moving to Ramsey County. In addition, businesses must
4110 be registered to do business in the State of Minnesota and demonstrate a need for
public financing.
How does the program work:
Loans are typically made for the purchase of capital equipment, land and building
• acquisition, and building rehabilitation or new construction. Application fees are
low, and rates and terms are more flexible than the market. Loans of up to
$250,000 are provided. To request an application, or to obtain more information,
you can contact Denise Beigbeder at the Ramsey County Community and
Economic Development office at 651-266-8005.
6) State of Minnesota Business Financing Programs
The Department of Employment and Economic Development encourages the
creation of high quality jobs through business growth, expansion and retention.
Business Development Services help companies expand or relocate in Minnesota,
find and train employees, promote international trade, and finance business
expansions. The most likely funding program applicable to Mounds View
businesses would be the Minnesota Investment Fund (MIF). It's designed for
businesses acquiring "fixed assets" (such as equipment, buildings, and land) and
adding new employees as a result. This program provides companies below-
market financing. Virtually all types of businesses are eligible, except retail. The
maximum award is $500,000. The applicant is the city. Terms are negotiated.
7) Small Business Administration Loan Programs — SBA 504 Loan /7a Loan
The U.S. Small Business Administration provides a wide array of programs to help
small businesses, including financial and federal contract procurement assistance,
management assistance, and specialized outreach to women, minorities, and
• veterans.
The SBA 504 Loan program provides fixed-rate, long-term financing for land,
buildings and manufacturing equipment or machinery. SBA 504 Loans feature a
10 to 20 amortization, fixed-loan payments, below market interest rates, and a low
downpayment. The deal structure is 50% bank loan (1St position), 40% SBA 504
(2"d position), and 10% equity injection. (A new business and a special-purposed
building require 20% equity injection.) The program's minimum and maximum loan
amounts are $50,000 and $750,000 respectively.
How does the program work:
Businesses should contact the certified development company authorized by SBA
to originate and service SBA 504 loans in their geographic area. SPEDCO is a
non-profit certified development company located in New Brighton whose mission
is to help small businesses obtain financing for job creation, to fund business
expansion and to promote economic development in Minnesota. SPEDCO can
handle SBA Loan financing for businesses wishing to expand or locate in Mounds
View. They provide long-term, fixed rate loans through the SBA 504 Loan
program and also provide 7(a) loan packaging consulting services to banks and
their customers. For more information call 651-631-4900.
I
E. Workforce Development Programs
Minnesota WorkForce Centers (WFCs) provide the tools, resources and services needed
dikfor job search, career planning and training needs. WorkForce Centers are a
collaboration of partners. People seeking work, businesses seeking employees,
students, and those looking for a first job or returning to the workforce, will find services
to meet their needs, most offered at no cost. Each WFC house houses a Resource Area
that operates similar to a library.
The Ramsey County WorkForce Center that services businesses in the City of Mounds
View is located in North St. Paul. The Center provides a variety of services to employers
to meet their employee recruitment and retention needs. Some services provided include
training seminars, training grants, job fairs, and wage subsidies to name a few.
Businesses may contact Cheryl Beaumier, Business Services at the Minnesota
Department of Employment & Economic Development at 651-779-5645. Businesses can
also visit the Department's website at www.deed.state.mn.us. Some of the workforce
programs available to employers include:
1) Minnesota's Job Bank
The Minnesota Department of Employment and Economic Development (DEED) is
responsible for administering various state and federal programs that provide
workforce development services. Minnesota's Job Bank is an Internet-based self-
service system where member employers and job seekers can find each other.
Employer members can post job openings to be searched by job seekers.
Employer members can also search for job candidates and contact them by email.
• Job seeker members can post a resume to be searched by employers. Members
can also search for job openings, contact employers by e-mail, and apply online.
2) Work Opportunity Tax Credit (WOTC) & Welfare-to-Work Tax Credit (WtW)
WOTC allows employers to take a federal income tax credit when they hire
persons from certain targeted groups. For most groups, the maximum credit is
40% of the first $6,000 in qualified wages for a savings of $2,400. The WtW Tax
Credit is a two-year program involving the hiring of long-term family assistance
recipients that provides tax savings up to $8,500 for each eligible new hire.
3) Customized Training Programs.
The Metro Consortium for Customized Training is an association of the
Customized Training divisions of the 10 metropolitan area community and
technical colleges and Metropolitan State University. It facilitates customized
training for Minnesota employers using the expertise and resources of the 10
institutions. For example, Anoka-Ramsey Community College has collaborated
with the Consortium and customized training programs for various occupations
pertaining to the medical device industry.
4) Minnesota Vocational Rehabilitation (VR) Program
The VR Program helps Minnesotans with significant disabilities get ready for, find
and keep their chosen jobs and careers.
•
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MOUNDS VIEW
ECONOMIC DEVELOPMENT COMMISSION AGENDA
S February 16, 2007
7:30 A.M.
MOUNDS VIEW CITY HALL - CITY COUNCIL CHAMBERS
1. CALL TO ORDER i'1-1 A.M.
2. ROLL CALL (Present = P, Absent = A)
Belting ✓ Entsminger
Field ✓ Helgemoe
Jaker ✓ Johnson
✓ Meehihause Backmancson (Staff)(Staff)
Eri
3. APPROVE EDC MINUTES
November 15, 2006
Motion: Second: Vote:
4. SPECIAL BUSINESS
• A. None
5. EDC BUSINESS
A. Economic Development Priorities for 2007
B. Review Draft of Mounds View Business Toolbox
6. REPORT OF COMMISSIONERS, STAFF AND EDA LIAISON
A. Report of Commissioners -No Materials Attached 0.f ° C 1
B. Reports of Staff
1. Medtronic CRDM Campus Update 9 /1-at.---
2. Legislative Activity—Appropriation for Noise Wall Extension along State
Hwy 10 in Mounds View and for I-35W Design Concept Study
3. Premium Stop Redevelopment
4. Other /
7. ADJOURN at F.yi! A.M.
Next Regularly Scheduled Meeting: March 16, 2007
\\Trout\CommDev\Economic Development\EDC\Agendas\EDC Agenda07\2-16-07.doc
((
Nod Apprrov d
Minutes of the Economic Development Commission
• City of Mounds View
Ramsey County, Minnesota
Regular Meeting
November 17, 2006
City of New Brighton, Council Chambers
2401 Highway 10, Mounds View, MN 55112
1. CALL TO ORDER:
Chairperson Torri Johnson called the meeting to order at 7:40 a.m.
2. ROLL CALL:
Members Present: Jackie Entsminger, Tom Field, Jason Helgemoe, Jerry Jaker, Torri Johnson
Members Absent: Greg Belting, Gary Meehlhause
Staff Present: Economic Development Coordinator Aaron Backman
Others Present: None.
3. APPROVAL OF EDC MINUTES:
•
Motion/Second: September 15, 2006 minutes not completed at this time.
4. SPECIAL BUSINESS
A. Commissioner Term Expiration. Backman reviewed the current terms of the EDC Commissioners.
Three have terms that conclude in December—Torri Johnson, Jason Helgemoe, and Gary
Meehlhause. If Commissioners are interested in renewing their service on the EDC they need to fill
out an application. Johnson has already done so.
5. EDC BUSINESS
A. Discussion of Mounds View's TIF Policy. The EDA did encourage the Economic Development
Coordinator to revisit the City's current TIF Policy that was adopted in 2000. As the EDC members
are aware we did previously update the City's Business Subsidy Policy in 2003. Also, the City's Tax
Rebate Financing Policy was also updated in 2003. The current TIF Policy has not been updated.
The EDC did briefly consider the TIF Policy in July of this year. However, other activities precluded
further action until now. Backman has included several documents in the Commission's meeting
packet for a side-by-side comparison--the current Mounds View TIF Policy adopted in 2000,the Tax
Rebate Financing Policy as revised in 2003, and the City of St. Anthony's TIF Policy. Backman
began by reviewing the general policy or policy purpose of TIF, and comparing this section among
the documents. EDC focused on the overall policy components of the TIF Policy. The EDC by
consensus incorporated some language from the St. Anthony model regarding the use of TIF.
• Backman will incorporate these changes and bring them back to the EDC in December.
NDC Minutes Not Approved
November 17, 2006
• Page 2
6. REPORT OF COMMISSIONERS, STAFF AND EDA LIAISON
A. Report of Commissioners. Helgemoe attended an awards event of the Roseville Convention &
Visitors Bureau, an organization that is a member of the TCN Chamber. He also mentioned the
Chamber's upcoming Gala. Johnson noted that there will be a street improvement public
meeting to discuss the proposed 2007 project at the M.V. Community Center on November 21st.
There is a related report on the City's website.
B. Report of Staff:
1. Update on Medtronic CRM Corporate Campus: Backman distributed the latest photographs
of the campus construction. They show the three buildings that are being enclosed for the
winter. The Topping Out ceremony for the South Building occurred on September 25,2006.
To date, about $1.62 million in permit fees have been paid to the City for the Medtronic
project. Of that amount, approximately $700,000 was paid to the Met Council for the SAC
fee. The valuation of the building permits issued or applied for to date for the Medtronic
CRDM campus totals nearly $164,000,000. Backman also discussed the County Road J
road reconstruction project. The old bridge was taken down at the end of September. The
photos show the new bridge abutments being built. The north off ramp from 35W recently
was opened. Field inquired about the use "of the permit fees. Excluding SAC/WAC fees,
the City has been using those funds for plan review fees (professional services contract), a
new pickup truck for the building inspectors, other equipment, and a temporary building
inspector for two to three years.
• 2. Legislative Activity—Appropriation for Noise Wall Extension along State Hwy 10 in Mounds
View and for I-35W Design Concept Study: This project is a priority for the city council.
During March 2006 the City of Mounds View sought approval from the Minnesota legislature
for an appropriation to extend the noise wall along the south side of State Hwy 10 from about
Long Lake Road eastward beyond the Laport Meadows residential neighborhood. While
MnDOT has $300,000 programmed for this, the project is estimated to cost more than
$800,000. There is an opportunity to direct funds associated with the Medtronic project to
items benefiting this area—the noise wall extension and the I-35W design concept study.
Last session our legislative efforts started late (due to the focus on accelerating Phase 2 of
the Medtronic campus). This time we are starting earlier. Backman talked with our local
representatives yesterday. He will meet with Sen. Betzold and Rep. Tillberry next week to
discuss the legislative process.
3. Update on SYSCO Minnesota Parking Expansion: Backman was pleased to report that after
one and a half years of effort, the SYSCO parking lot expansion project is largely completed.
He showed the EDA m tubers recent photos of the construction. The project entails the
construction of 50 stall „truck trailers, 100 parking spots for cars, a new gate-controlled
entrance, and a relocated stormwater pond. The stormwater pond was moved to the south
and east to allow for the additional trailer parking south of Sysco's distribution facility in
Mounds View. The total project cost is approx. $1.2 million. As the EDC is aware, the City
approved $250,000 in TIF assistance for the project with a two-year payback.
4. Status of former Premium Stop Site/DSU Study: The EDA approved on June 26, 2006 the
purchase of the deteriorated Premium Stop gas station and convenience store at 2390
• County Road 10. The gas station facilities were demolished during the second week of
September, the ground leveled and seeded. The site is basically ready for developers. On
September 11th the City Council approved hiring DSU to undertake planning services at a
cost of up to $14,000. The purpose was to provide a market overview of the property (and
EDC Minutes
November 17, 2006 Not Ap p rOo Ved
Page 3
• adjacent parcels)and concept plans of how the property could be redeveloped. Backman e-
mailed three of the concept plans to EDC members. He described them: Concept Plan A
involves the construction of a 5,000 sq. ft. one-story building for retail purposes. Taiko Sushi
would remain on an adjacent property. Concept Plan B also leaves Taiko Sushi in place,
includes the same 5,000 sq. ft. building, but it adds a two-story retail/office building (10,000
sq. ft.) on the corner and a neighborhood trail connects to the proposed County Road 10
trail. Under Concept Plan C there remains the 10,000 sq. ft. retail/office building, but Taiko
Sushi becomes a tenant within an 8,0000 sq. ft. retail building; and Robert's is redeveloped
to include 40 market-rate senior condos (3-story building on the northeast corner) and
townhomes on the west and south portion of that property. Field asked about what would
happen to the carwash and parcels to the east. Backman indicated that given the land
configuration there would be other clusters of development to the east. Jaker asked about
next steps. Backman replied there will a few changes in the written report and then DSU will
make a presentation before the Council in December.
5. Medtronic Workforce Collaboration: The workforce partners have been meeting periodically
over the past several months. Information provided to the commissioners included the letter
sent to Carol McCormick, a top HR person at Medtronic, offering different types of
assistance; minutes from a meeting held on October 13th with Medtronic and Workforce
Collaboration representatives; and types of positions that Medtronic is hiring for, etc.
6. Status of"Project Centaur": There was a meeting with the site evaluation team from South
Carolina. Backman had suggested the vacant Multi-Tech site east of the Saturn dealership.
Mounds View made the first cut of 11 cities that were considered for the state-of-the-art
• medical treatment facility. We did not make the second cut. Four cities are still being
considered—Maple Grove, Woodbury, Brooklyn Park, and Oakdale.
7. Active Living Ramsey County!: The latest agenda from the participants meeting was
included. Active Living Ramsey County! (ALRC) has hired a project coordinator—Amber
Dallman. She was hired by Ramsey County and funded through a $75,000 grant from Blue
Cross Blue Shield. Dallman will continue to promote the Active Living lifestyle and various
changes and activities in our cities, including adding trails. She will assist cities in updating
their comprehensive plans to include Active Living principles. Backman also mentioned a
new program being established with the goal of adding 1,000 benches in the county.
Ramsey County earmarked $588,000 for the bench program. Grant funds will require a 50%
local match to be considered.
7. ADJOURNMENT
There being no further business before the Commission, Johnson adjourned the November 17th meeting
of the Economic Development Commission at 9:02 a.m.
Respectfully submitted,
• Aaron A. Backman
Economic Development Coordinator
\\Trout\CommDev\Economic Development\EDC\Minutes\Min06\11-17-06.doc
Minutes of the Economic Development Commission
• City of Mounds View
Ramsey County, Minnesota
Regular Meeting
November 17, 2006
City of Mounds View, Council Chambers
2401 Highway 10, Mounds View, MN 55112
1. CALL TO ORDER:
Chairperson Torri Johnson called the meeting to order at 7:40 a.m.
2. ROLL CALL:
Members Present: Jackie Entsminger, Tom Field, Jason Helgemoe, Jerry Jaker, Torri Johnson
Members Absent: Greg Belting, Gary Meehlhause
Staff Present: Economic Development Coordinator Aaron Backman
Others Present: None.
3. APPROVAL OF EDC MINUTES:
•
Motion/Second: September 15, 2006 minutes not completed at this time.
4. SPECIAL BUSINESS
A. Commissioner Term Expiration. Backman reviewed the current terms of the EDC Commissioners.
Three have terms that conclude in December—Torri Johnson, Jason Helgemoe, and Gary
Meehlhause. If Commissioners are interested in renewing their service on the EDC they need to fill
out an application. Johnson has already done so.
5. EDC BUSINESS
A. Discussion of Mounds View's TIF Policy. The EDA did encourage the Economic Development
Coordinator to revisit the City's current TIF Policy that was adopted in 2000. As the EDC members
are aware we did previously update the City's Business Subsidy Policy in 2003. Also, the City's Tax
Rebate Financing Policy was also updated in 2003. The current TIF Policy has not been updated.
The EDC did briefly consider the TIF Policy in July of this year. However, other activities precluded
further action until now. Backman has included several documents in the Commission's meeting
packet for a side-by-side comparison--the current Mounds View TIF Policy adopted in 2000,the Tax
Rebate Financing Policy as revised in 2003, and the City of St. Anthony's TIF Policy. Backman
began by reviewing the general policy or policy purpose of TIF, and comparing this section among
the documents. EDC focused on the overall policy components of the TIF Policy. The EDC by
consensus incorporated some language from the St. Anthony model regarding the use of TIF.
• Backman will incorporate these changes and bring them back to the EDC in December.
NDC minutes roved
November 17, 2006 0� n> r-�p
Page 2
• 6. REPORT OF COMMISSIONERS, STAFF AND EDA LIAISON
A. Report of Commissioners. Helgemoe attended an awards event of the Roseville Convention &
Visitors Bureau, an organization that is a member of the TCN Chamber. He also mentioned the
Chamber's upcoming Gala. Johnson noted that there will be a street improvement public
meeting to discuss the proposed 2007 project at the M.V. Community Center on November 21st.
There is a related report on the City's website.
B. Report of Staff:
1. Update on Medtronic CRM Corporate Campus: Backman distributed the latest photographs
of the campus construction. They show the three buildings that are being enclosed for the
winter. The Topping Out ceremony for the South Building occurred on September 25,2006.
To date, about $1.62 million in permit fees have been paid to the City for the Medtronic
project. Of that amount, approximately $700,000 was paid to the Met Council for the SAC
fee. The valuation of the building permits issued or applied for to date for the Medtronic
CRDM campus totals nearly $164,000,000. Backman also discussed the County Road J
road reconstruction project. The old bridge was taken down at the end of September. The
photos show the new bridge abutments being built. The north off ramp from 35W recently
was opened. Field inquired about the use of the permit fees. Excluding SAC/WAC fees,the
City has been using those funds for plan review fees(professional services contract), a new
pickup truck for the building inspectors, other equipment, and a temporary building inspector
for two to three years.
• 2. Legislative Activity—Appropriation for Noise Wall Extension along State Hwy 10 in Mounds
View and for I-35W Design Concept Study: This project is a priority for the city council.
During March 2006 the City of Mounds View sought approval from the Minnesota legislature
for an appropriation to extend the noise wall along the south side of State Hwy 10 from about
Long Lake Road eastward beyond the Laport Meadows residential neighborhood. While
MnDOT has $300,000 programmed for this, the project is estimated to cost more than
$800,000. There is an opportunity to direct funds associated with the Medtronic project to
items benefiting this area—the noise wall extension and the I-35W design concept study.
Last session our legislative efforts started late (due to the focus on accelerating Phase 2 of
the Medtronic campus). This time we are starting earlier. Backman talked with our local
representatives yesterday. He will meet with Sen. Betzold and Rep. Tillberry next week to
discuss the legislative process.
3. Update on SYSCO Minnesota Parking Expansion: Backman was pleased to report that after
one and a half years of effort,the SYSCO parking lot expansion project is largely completed.
He showed the EDA members recent photos of the construction. The project entails the
construction of 50 stalls for truck trailers, 100 parking spots for cars, a new gate-controlled
entrance, and a relocated stormwater pond. The stormwater pond was moved to the south
and east to allow for the additional trailer parking south of Sysco's distribution facility in
Mounds View. The total project cost is approx. $1.2 million. As the EDC is aware, the City
approved $250,000 in TIF assistance for the project with a two-year payback.
4. Status of former Premium Stop Site/DSU Study: The EDA approved on June 26, 2006 the
purchase of the deteriorated Premium Stop gas station and convenience store at 2390
. County Road 10. The gas station facilities were demolished during the second week of
September, the ground leveled and seeded. The site is basically ready for developers. On
September 11' the City Council approved hiring DSU to undertake planning services at a
cost of up to $14,000. The purpose was to provide a market overview of the property (and
EDC Minutes
November 17, 2006 G �p n>roves
Page 3
• adjacent parcels)and concept plans of how the property could be redeveloped. Backman e-
mailed three of the concept plans to EDC members. He described them: Concept Plan A
involves the construction of a 5,000 sq.ft. one-story building for retail purposes. Taiko Sushi
would remain on an adjacent property. Concept Plan B also leaves Taiko Sushi in place,
includes the same 5,000 sq. ft. building, but it adds a two-story retail/office building(10,000
sq. ft.) on the corner and a neighborhood trail connects to the proposed County Road 10
trail. Under Concept Plan C there remains the 10,000 sq. ft. retail/office building, but Taiko
Sushi becomes a tenant within an 8,0000 sq. ft. retail building; and Robert's is redeveloped
to include 40 market-rate senior condos (3-story building on the northeast corner) and
townhomes on the west and south portion of that property. Field asked about what would
happen to the carwash and parcels to the east. Backman indicated that given the land
configuration there would be other clusters of development to the east. Jaker asked about
next steps. Backman replied there will a few changes in the written report and then DSU will
make a presentation before the Council in December.
5. Medtronic Workforce Collaboration: The workforce partners have been meeting periodically
over the past several months. Information provided to the commissioners included the letter
sent to Carol McCormick, a top HR person at Medtronic, offering different types of
assistance; minutes from a meeting held on October 13th with Medtronic and Workforce
Collaboration representatives; and types of positions that Medtronic is hiring for, etc.
6. Status of"Project Centaur": There was a meeting with the site evaluation team from South
Carolina. Backman had suggested the vacant Multi-Tech site east of the Saturn dealership.
Mounds View made the first cut of 11 cities that were considered for the state-of-the-art
medical treatment facility. We did not make the second cut. Four cities are still being
considered—Maple Grove, Woodbury, Brooklyn Park, and Oakdale.
7. Active Living Ramsey County!: The latest agenda from the participants meeting was
included. Active Living Ramsey County! (ALRC) has hired a project coordinator—Amber
Dallman. She was hired by Ramsey County and funded through a $75,000 grant from Blue
Cross Blue Shield. Dallman will continue to promote the Active Living lifestyle and various
changes and activities in our cities, including adding trails. She will assist cities in updating
their comprehensive plans to include Active Living principles. Backman also mentioned a
new program being established with the goal of adding 1,000 benches in the county.
Ramsey County earmarked $588,000 for the bench program. Grant funds will require a 50%
local match to be considered.
7. ADJOURNMENT
There being no further business before the Commission,Johnson adjourned the November 17th meeting
of the Economic Development Commission at 9:02 a.m.
Respectfully submitted,
• Aaron A. Backman
Economic Development Coordinator
\\Trout\CommDev\Economic Development\EDC\Minutes\Min06\11-17-06.doc
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MOUNDS VIEW
ECONOMIC DEVELOPMENT COMMISSION AGENDA
• March 16, 2007
7:30 A.M.
MOUNDS VIEW CITY HALL - CITY COUNCIL CHAMBERS
1. CALL TO ORDER A.M.
2. ROLL CALL (Present = P, Absent = A)
Belting Entsminger
Field Helgemoe
Jaker Johnson
Meehlhause Backman (Staff)
Ericson (Staff)
3. APPROVE EDC MINUTES
November 15, 2006
Motion: Second: Vote:
4. SPECIAL BUSINESS
1111 A. None
5. EDC BUSINESS
A. Review Revised Draft of M.V. Resource Guide (Toolbox)
B. Review Business Improvement Partnership Loan Request for The Station
6. REPORT OF COMMISSIONERS, STAFF AND EDA LIAISON
A. Report of Commissioners -No Materials Attached
B. Reports of Staff
1. Business Day at the Capitol
2. Legislative Activity—Appropriation for Noise Wall Extension along State
Hwy 10 in Mounds View and for I-35W Design Concept Study
3. Premium Stop Redevelopment
4. Other