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HomeMy WebLinkAbout2008.04.21 EDA Packet AGENDA CITY OF HUGO ECONOMIC DEVELOPMENT AUTHORITY MONDAY, APRIL 21, 2008 - 8:30 AM 8:30 am 1. Call to Order 8:31 am 2. Roll Call 8:32 am 3. Approval of Minutes EDA Meeting of March 17, 2007 8:35 am 4. Update and Appointment of the BR&E Subcommittee 9:00 am 5. Update on Downtown Redevelopment Projects 9:30 am 6. Discussion on TIF Certification 10:30 am 7. Adjournment BACKGROUND MEMO FOR THE EDA MEETING OF MONDAY, APRIL 21, 2008 3. Approval of Minutes for EDA meeting of March 17, 2008 City staff recommends that the EDA approve the minutes for the March 17, 2008 EDA meeting as presented. 4. Update BR&E Subcommittee Over the past month the Business Retention and Expansion(BR&E) subcommittee has developed a basic work plan that outlines the goals of the committee. Brian Denaway, Communications Intern, has been working closely with this group to create the work plan. There are three business people who have volunteered to be on the BR&E subcommittee including Joe Houle, Steve Larson, and Bonnie Chessebrow. Brian Denaway will present to the EDA the progress of the committee and the work plan to accomplish the goals of the committee. Staff recommends that the EDA discuss the work plan and formally appoint the BR&E subcommittee to include the new members. Attached are the work plan and the resumes of the residents that have volunteered to join the committee. 5. Update on Downtown Redevelopment Proiects Staff will update the EDA on the progress of the downtown redevelopment projects. 6. Discussion on TIF Certification At the March 2008 meeting the EDA discussed a TIF application from Dk Dockendorf Inc. for a 23,123 square foot retail building. There were questions about separating the properties in that area into its own TIF District, timing of certification, and Frank Langer's, City Assessor, valuation on the property. Frank Langer and the applicant met recently to discuss the valuation of the property. Staff has completed a study on what would happen to the rest of the district if the properties were broken off into their own district. Staff will present these finding at the meeting. Staff has also been in contact with Springsted on the timing of certification of the district and will discuss it with the EDA at the meeting. MINUTES FOR THE EDA MEETING OF MARCH 17, 2008 EDA President Fran Miron called the meeting to order at 8:35 am. PRESENT: Jan Arcand, Jim Bever, Tom Denaway, Phil Klein, Brian Thistle, and Fran Miron ABSENT: Mike Granger CITY STAFF PRESENT: City Administrator Mike Ericson, Associate Planner Rachel Simone, Administrative Intern Nate Ehalt APPROVAL OF MINUTES FOR THE EDA MEETING OF FEBRUARY 19, 2008 Klein made motion, Denaway seconded, to approve the minutes for the EDA meeting of February 19, 2008. All aye. Motion carried. DISCUSSION ON FRENCHMAN CENTRE REDEVELOPMENT PROJECT SITE PLAN AND TIF APPLICATION Associate Planner Rachel Simone described the project site plan and progress to date of the TIF application for redevelopment of the property which is currently occupied by the vacant End Zone Bar and Restaurant. Rachel described the proposed 23,000 sq. ft building, its architecture, and use of building materials, including the changes since October 2007, which was the last time the EDA had seen the proposed plans. Tax Increment Financing was discussed and is planned to be used for building demolition, public infrastructure and site improvements. After the presentation the EDA invited Dale Dockendorf and Bill Lentsch to give an overview of their retail project and to take questions from the EDA. The EDA had questions relating to the cost per sq. ft. of rental space, possible tenants, market viability, and land acquisition and construction timelines. Dale and Bill informed the EDA that as of March 17, 2008 they had not secured any tenants but are working with a commercial brokerage firm to market their space and solicit financing from possible private investors. The tenants they are looking for would include those such a bakery, dentist, chiropractic clinic, or like tenants. Market viability was a concern of the EDA's and Dale and Bill believe the commercial/retail market for their type of building would not have a problem finding tenants and have been diligent in promoting their project to potential businesses. Bill and Dale have also taken time to study possible rental costs and have estimated that their rental space would be around $17.00/sq. ft. They acknowledged that their timeline is somewhat determined by the action of the EDA and TIF application but are currently set to close on the property in June, and would like to get their project started as soon as possible thereafter. A motion was made by Arcand, seconded by Bever, requesting staff to have Springsted complete a scaled down review of the TIF application and have City Assessor Frank Langer review the proposed plan for correct assessment valuation. All aye. Motion carried. UPDATE ON DOWNTOWN REDEVELOPMENT Rachel gave an update regarding the Downtown Redevelopment plan and that little activity has occurred since the last EDA meeting. Carpenter's is still progressing with plans to redevelop their site, but have been working on securing financing for their project. City Administrator Mike Ericson stated that the city expects to have continued interest due to the article in a past issue of Finance and Commerce, which showcased Hugo's downtown redevelopment. UPDATE ON 2008 COMPREHENSIVE PLAN Mike Ericson and Rachel Simone gave the EDA updates regarding the last meeting and the continued citizen support and input regarding the process. UPDATE ON 2008 HUGO KIDZ `N BIZ FEST Mike Ericson discussed the on-going planning process and is looking forward to the upcoming event on April 6th. Mike Ericson and EDA Vice President and Hugo Business Association President Phil Klein are pleased that the City of Hugo and the HBA continue to work together to put on this family friendly event for our citizens and local business owners. ADJOURNMENT Thistle made motion, Denaway seconded to adjourn the meeting at 10:20 am All aye. Motion carried. Respectfully Submitted Administrative Intern Nate Ehalt y City of Ug 0 Business Retention & Expansion Sub- Committee What is the BR&E • The Business Retention and Expansion committee is a sub- committee to the Economic Development Authority. • BR&E is a volunteer based committee with members from the EDA, local businesses and the local community. • BR&E is basically a liaison between the EDA and local businesses. • Hugo Businesses are at the heart of the committee. BR&E was formed to help solve the problems/needs of Hugo's local businesses. Our Mission : Retention & Expansion; Communication + Education = Retention Retention • Retaining current Hugo businesses is the foremost function of BR&E. • Communication: o The committee's most important task is to communicate with Hugo businesses to let them know that their city cares about their interests/business and we are here to help. o The committee is the communicative medium between the local businesses and the public. ■ Ex. The creation of job bank posted on the city website. o The committee will communicate to Hugo's businesses primarily through mass emails and workshops/meetings. We will have to begin with mailers then switch to email. • Education: o The business world and technology changes every day. Often businesses who are the most educated in these areas are the most successful. o In order to retain our local businesses we must help to educate them. ■ Education examples: computer systems class and website design. Expansion • It is a fact that expansion cannot happen without first securing successful retention. For this reason expansion is a secondary long-term goal. • We generally believe that strong relationships, great communication, and high business retention leads to expansion. • When existing businesses flourish others will take notice and begin moving into the area. Ideas to Help Accomplish BR&E Goals 1. Get the support and advice of the HBA. 2. Complete a list of Hugo businesses along with phone and email contacts. 3. Segment the local businesses into 2 groups or more; ex. large and small businesses. Being that Hugo has 200+ businesses ranging from in home businesses to large corporations we thought it best to split them up into groups so to specifically tailor meetings/events to the size of the business. 4. Either send out a mailer or set up a large meeting with all the business owners to unveil our committee, ask what peoples general needs are, and to just start creating a relationship. 5. Create educational workshops to help educate local business managers and owners to help foster success and growth. These workshops would be hosted on a quarterly or semi annual rate and take place in the "Oneka Room" at city hall. While the BR&E sub-committee may be hosting the event we would need much support from city hall, the EDA, and HBA. a. At these workshops we would invite guests to come in and either teach or be a speaker. A great idea is to invite the two women who own Festival to come in and speak to the larger businesses group. b. Get local colleges, like MBA programs, involved to help teach our businesses. c. Educate businesses on what federal and local support they can get. 6. Develop a job bank. This bank would be a monthly or weekly updated page on the cities existing website. Citizens and businesses that need work help can post a simple job description and qualifications on the page. People can post jobs ranging from a grocery bagger at Festival to a VP at one of Hugo's larger businesses. This is something that would be simple to accomplish! 7. Get local colleges involved. a. Virtually every private college all over the country requires their students to do a certain amount of community service every semester/year. Assisting in BR&E functions in some form or another can be considered as community service hours! 8. The two areas where college students can be a great help are: a. Run case studies on needy Hugo businesses. Case studies run by colleges help thousands of businesses all over the country every year. A case study is a research project on an existing business that looks at business operations like; finance, accounting, inventory, cash flow, etc. Case studies are great teaching tools that business colleges use for teaching undergraduate and graduate students. Virtually every business college runs case studies that are either fictional or real. Unfortunately there are a certain number of case studies run by colleges a semester/year so this would be a service that we would have to reserved for the most needy Hugo business. In the future we will obviously have to classify what being a "needy" business is. i. To teach as stated before. 1. Computer systems: this could include all Microsoft (Excel, Outlook, etc) applications that are cheap to install on your computer (if not standard) and can really help to make a business more successful. 2. Internet Day: this can incorporate general internet teaching, email, and website design. 3. Introductory level accounting, finance, marketing, etc. ii. This is a great way for colleges to advertise because if business owners/managers like what they are learning they might want to pay for the full real thing. Page 1 of 1 1 Brian Denaway Subject: FW: Business Retention and Expansion Subcommittee: Steven Larson's resume -----Original Message----- From: Steven Larson [mailto:slarson52@comcast.net] Sent: Tuesday, April 08, 2008 4:41 PM To: Brian Denaway Subject: Business Retention and Expansion Subcommittee: Steven Larson's resume Brian, Thanks for the phone call last week about the Business Retention and Expansion Subcommittee. Although I don't have direct experience in this particular area, I am very interested in working on the subcommittee. As a new resident of Hugo, I believe I can contribute to the renewal of a vital business environment. I have a great deal of experience in business. In addition, I've lived in re-developing communities such as White Bear Lake and Bloomington and I've traveled extensively to different cities and tourist destinations. Plus, I completed the program in leadership sponsored by the St. Paul Chamber of Commerce (Leadership St. Paul). These experiences have given me a vision of what draws a community to the local businesses. The attached resume will give you an idea of my background. Please let know if you need any more information about me. Regards, Steven Larson Home: 651-429-1108 Cell: 952-412-7471 4/18/08 Steven A. Larson, CCP, GRP 15592 Enfield Avenue North Phone: (651)429-1108 Hugo, MN 55038 Slarson52@comcast.net Cell: (952)412-7471 Total Rewards Leader Strategic total rewards leader with extensive experience in the design, implementation and management of compensation,benefits,performance management and work-life programs that support business strategy and goals and build an engaging culture. Career History BOSTON SCIENTIFIC 2007- Present A global leader in the design, manufacture and distribution of internal medical devices, with 24,000 employees world-wide. Manager II, Compensation Manage base, incentive and equity-based compensation for approximately 7,000 employees in the Twin Cities, Indiana and Puerto Rico. Lead a team of three professionals to provide consulting and ongoing compensation support to major business units. Member of the Compensation Center of Expertise leadership team. Global Compensation training and communications lead. Report to the Director of Corporate Compensation(top Compensation leader). RESOURCES GLOBAL PROFESSIONALS,Minneapolis, MN 2006—2007 A world-wide provider of professional contractors and consultants in the fields of finance and accounting, human capital, IT, supply chain and law. Total Rewards Consultant Provided total rewards consulting and contract services to a wide array of business clients. GMAC RESIDENTIAL FUNDING CORP. (now GMAC ResCap),Minneapolis, MN 2002—2005 A 5,000 employee,multi-national mortgage and investment-banking subsidiary of GMAC and General Motors. Director—Corporate Compensation As the top compensation leader at this autonomous subsidiary, led team of five professionals in the development and execution of executive and employee compensation and performance management strategy and programs. Managed the Enterprise Performance Management Framework. Member of senior HR leadership team. Reported to the Chief Human Resources Officer. SEAGATE TECHNOLOGY,LLC,Minneapolis, MN 1999—2002 A global 48,000 employee, $5 billion information storage technology firm. Senior Manager, Compensation,Benefits and HRIS, 1999—2000 Director, Global Compensation Design and Implementation, 2000—2002 As Senior Manager of Compensation, Benefits and HRIS, managed nine employees in support of 4,000 Minnesota-based employees. As Director reporting to the Vice President of Global Compensation and Benefits, designed and implemented global cash compensation programs covering 48,000 employees. Steven A. Larson, CCP, GRP Page 2 COWLES MEDIA COMPANY AND STAR TRIBUNE,Minneapolis, MN 1990- 1999 A 4,000-employee newspaper, magazine and book publishing company. Manager,Compensation, Benefits and HRIS As top corporate compensation, benefits and HRIS leader, managed executive and employee compensation, equity and benefits programs and HRIS. Led staff of eight employees. Reported to the Vice President of Human Resources. Member of HR leadership team. FIRST BANK SYSTEM (now US Bank),Minneapolis, MN 1985- 1990 A$22 billion bank and financial services holding company of 33,000 employees. HR Manager, Marketing Manager and Compensation Manager Managed multiple HR functions of a geographic division of 9,000 employees, including HR planning and policies, EEO/AAP, coordinated staffing, HRIS and employee relations. Also managed compensation for the FBS Retail Banking Division. Worked for two years in Marketing roles. Managed as many as 14 direct and indirect reports. Education M. A., Human Resource Management/Industrial Relations,University of Minnesota—Twin Cities B.A., Psychology, University of Minnesota—Twin Cities Other • WorldatWork,member; Certified Compensation Professional(CCP) and Global Remuneration Professional (GRP) • Twin Cities Compensation Network, Communications Chairperson 2004 -present • St. Paul Chamber of Commerce, Leadership St. Paul • Bethel University, Saint Paul, MN, adjunct faculty,2006 • Numerous leadership and personal effectiveness courses Page 1 of 1 Brian Denaway From: Rachel Sent: Friday, April 04, 2008 7:01 AM To: Brian Denaway; Bryan Bear; Mike Ericson Subject: FW: Community volunteer This is Kitty's cousin. She wants to be pat of the BR&E subcommittee From: Bonnie Cheesebrow [mailto:BonnieC@teamworksintl.net] Sent: Thursday, April 03, 2008 4:36 PM To: Rachel Subject: Community volunteer Hi Rachel, We spoke on the phone yesterday and you asked if I could provide a little more information about myself. My husband Dennis and I have recently moved to Hugo. We are currently in temporary housing as our home in Victor Gardens will not be finished until June. We have lived in White Bear Lake for the past 18 years. Our three sons attended Hugo Elementary School and were members in the Hugo Boy Scout Troop. So while we are new residents of Hugo, we have been very involved in the community in the past. I am currently the Clinic Administrator of an independent Family Practice Clinic in St. Paul where I have worked for 23 years. I also work as Business Manager for my husband's consulting business in White Bear Lake. As a small business owner myself, I am very interested in the development of the business area of Hugo. I think it is important to attract the smaller, unique business' that will help Hugo be different. I feel that my experience not only with my career but with my family can provide helpful input to your committee and allow me to become involved in the community. Thank you for your consideration. Bonnie Cheesebrow 4663 Flora Way N. 651-216-2833 Warm Regards, Bonnie Cheesebrow Business Manager TeamWorks International, Inc Phone: 651-429-7340 Email: bonniec@teamworksintl.net 4/18/08