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HomeMy WebLinkAbout2015.06.16 EDA Agenda PacketAGENDA CITY OF HUGO ECONOMIC DEVELOPMENT AUTHORITY Tuesday, June 16, 2015 5:00 PM 5:00 pm 1. Call to Order 5:01 pm 2. Roll Call 5:02 pm 3. Approval of Minutes • EDA Meeting of May 19, 2015 5:03 pm 4. Update on Washington County's Economic Development Efforts • Tax Increment Financing (TIF) Policy • Tax Abatement Policy 5:30 pm 5. Discussion on Marketing the City Owned Property 5:45 pm 6. Update on Downtown Redevelopment 6:00 pm 7. Adjournment BACKGROUND MEMO FOR THE EDA MEETING OF TUESDAY, June 16, 2015 3. APPROVAL OF MINUTES Staff recommends approval of the minutes from the May 19, 2015, EDA meeting as presented. 4. UPDATE ON WASHINGTON COUNTY'S ECONOMIC DEVELOPMENT EFFORTS In 2014, Washington County approved its Economic Development Strategic Plan. This includes several strategies and goals with an implementation section outlining action items. One of the goals is to review and update their existing financial incentives and how they provide them to commercial/industrial and housing projects. Staff from Washington County have provided its cities with revisions to the existing TIF and Tax Abatement polices. The "red -lined" versions of the policies are enclosed in the packet. At the meeting staff will provide an overview of the revisions. Washington County will be accepting comments on the revision prior to them being approved by the County Board. Staff recommends the EDA review the policies and provide comment to staff to forward to Washington County. 5. DISCUSSION ON MARKETING THE CITY OWNED PROPERTY Staff will provide an update on the marketing efforts for the City owned property in downtown. 6. UPDATE ON DOWNTOWN REDEVELOPMENT Staff will provide an update on downtown redevelopment. MINUTES FOR THE EDA MEETING OF MAY 19 2015 Weidt called the meeting to order at 5:04 pm. PRESENT: Denaway, Gallivan, Houle, Petty, Puleo, and Weidt ABSENT: Klein STAFF: Rachel Juba, Planner Rachel Leitz, Community Development Intern APPROVAL OF MINUTES FOR THE EDA MEETING OF APRIL 14, 2015 Puleo made motion, Petty seconded, to approve minutes for the EDA meeting of April 14, 2015. All Ayes. Motion carried. DISCUSSION ON MARKETING OF CITY OWNED PROPERTY Planner Juba updated the EDA from the meeting of April 14, 2015. She reminded the EDA of their recommendation to the City Council to market the city -owned property with the criteria that was presented. Juba stated that on the May 4, 2015 meeting, the City Council approved Staff marketing the city - owned property and requested a marketing plan and an update in September. Juba began describing what has been accomplished in marketing the property. First, she wanted to acknowledge what the City had previously done with the property, which included acquiring the property, proper zoning, community input with the downtown design guidelines, and an update to the downtown market study. She stated that staff has created a summary of financing options, created a marketing brochure and marketing flyers, and has put the property for sale on MNCAR's website and LoopNet. Juba stated that staff will be attending MN Shopping Center Association and MNCAR events as well as sending out e-mail blasts to the top brokers in Minnesota with the property highlights and description. Gallivan asked if we have received any calls on the property. Juba stated that these listings were just put up last Thursday, so we have not received any phone calls from those yet, but still receive some inquiries regarding the property. Juba said she would expect to receive more phone calls when specific brokers have been reached out to. Juba concluded by saying that the City Council has requested an update in September and if the expected progress has not been made, there may be a re-evaluation of the marketing strategy and firing of a commercial broker. DISCUSSION ON EDA MEETING DATE AND SCHEDULE Weidt discussed with the EDA that his work schedule has affected his ability to attend some of the past meetings and wanted to discuss changing the meeting date so his work schedule would no longer conflict with attending meetings. The EDA agreed that the meeting date will be changed to the Yd Tuesday of every month at 5 p.m. UPDATE ON DOWNTOWN REDEVELOPMENT Planner Tuba updated the EDA on downtown redevelopment. She stated that O'Reilly Auto Parts has not pulled a building permit yet, but that she did have a conversation with them about a month ago regarding some of the conditions of approval. She expects them to pull their permit sometime this construction season. F11a [Q 11:�►`A� f �i►(I Il Houle made a motion, seconded by Gallivan, to adjourn at 5:33 P.M. All ayes. Motion carried. Wasbil.LLI'Ston ;0�4 tY Policy Property & Taxation Policy #4004 TAX INCREMENT FINANCING COUNTY COMMENT ON PROPOSED DISTRICTS f 4c,The County -Board has established a goal to strengthen the county's role and increase its support of economic development efforts within Washington County. The county is committed to investing staff time and financial resources in a planned, coordinated and strategic manner to promote development that creates new iobs, retains mobs, increases the county tax base, and enhances the quality of life of countx residents. To meet these goals, the county board is committed to partnering with its local communities through the utilization of economic development tools that are available. By law, a plan for the creation or modification of tax increment financing districts must be submitted to the county by the municipality prior to holding a public hearing on the plan. The County will review and provide comments on proposed tax increment financing districts as outlined in this _policy_efhe. Guidelines The Washington County Board of Commissioners will provide written comment eppeFtunifyafter receiving notice of a proposed tax increment financing district as set forth in Minnesota Statute 464469.175, Subd. 2, to provide input to local jurisd i ction Prior to submitting these public comments, Washington County will review all proposals submitted by local jurisdictions aseeFding--teusinp the following criteria: 1. The fiscal and economic implications of the proposed tax increment finance district on the county property tax revenues. 2_2-. — --Consistency of the plan with the principles of the county's comprehensive plan for land use and transportation. 333 -.—The extent to which the proposal adds to the county's net commercial and industrial tax basei i.e., she ld not be usedto-fasi�ta#- reloGatien of e Greatkm-of bliight c and itis ns in trrea { ofn--kv.4e e4h 4K �n�U�1~mws-is WR� Implemented: November 26, 1996 Page 1 of 4 Revised: November 9, 2010 L( Policy #4004 4. Iia -ea�sefi,� 4 --he meets the "�'but "'legislation. Washington County door, f+,Lyn r,ra rF uddiAsthrir--tts for deve.4 6- 04at-VI/$k;}i within the GOunty without TIF assistaRGAM. 4. &.--The extent to which the proposal redevelops areas that have experienced blight or contamination as described in M.S. 469.174, Subd. 10, 10a, 16. 5. 6. extent to which the project requires improvements in county infrastructure and the extent to which the TIF district will pay for the cost of these improvements as described in M.S. 469.175, Subd. la. 6_7—The extent to which the proposal results in an increase in new employment opportunities that provide geediiving wages and benefits for employees. 8.The extent to which a TIF district for housing contributes to the availability of housing for persons or families of low and moderate income. 7. Washington County supports housing strategies that create scattered site low income housing options, rather than concentrated development of low income housing in complexes or "projects". _ - - _ 8_10.—The impact of the proposed TIF district on other county service costs; e.g., Sheriff, human services, prosecution services, etc. 9. 44—.TIF proposals must comply with the following administrative requirements fnr oAgc_nf_administFatkW: A. Ae6erat£Comply with Minnesota Statutes. B. Contain an accurate legal description of the district boundaries. B---le-sp4f)arsels-. C. Must be complete existing tax parcels of record. Nosplit or fractional property tax parcels may be included. Resi)onsibifl Count By oard Implemented: November 26, 1996 Page 2 of 4 Revised: November 9, 2010 Revised: Month dd. 2015 Policy #4004 1. Review and approve tax increment financing comment letters. Administration PFOcedure All inARI iWiridiGtiOnS iii-Waasrhri -tOn rnr r ty Will the ROtified in ,wrv'O iig mit Washington County's intr,nt to re view pFepe sals fr�r th f WX innre�rn ,,,y •..�a....rr ��aa,. r ...4M1 ray v rr �avr ra a �., eTFt fin d i ctrir.tc anei n_o+npyo� o�c�.��. will be l �J to ,.,,.,� it rrisd i Gtion a�Y,7 " "'IL �7tt1--FJ 1t* t�itT-L�% Distribute copies of the proposal to each of the reviewing departments and set forth the time within which the appropriate department should review the proposal according to the criteria. 2. 4. r'e-eSummarize- ",t...i.,i..*r��°�� �,y„�rr,~,.,Pk� the departments' input and YA"evelop draft comments to be submitted to the County Board for review and approval. 33..5. OnGeSubmit approved by the County B aFd, comments will be subs to the local jurisdiction proposing the creation of the TIF district. Transportation and Physical Development 1. Review road and infrastructure implications of tax increment financing districts Property Records and Taxpayer Services 1. Review tax increment financing district proposal for administrative and statutory requirements. Source County Board approval on November 26, 1996 Policy #1027 renumbered to #4004, March 2005 Implemented: November 26, 1996 Page 3 of 4 Revised: November 9, 2010 Revised: Month dd. 2015 Policy #4004 County Board approval on November 9, 2010 County Board motion Month dd. 2015 Implemented: November 26, 9996 Page 4 of 4 Revised: November 9, 2010 Revised: Month dd. Z01_5 Washington .County Po_ licy Property and Taxation Economic Development Abatements (Minnesota Statutes 469.1812 - 469.1815) Policy #4006 The County Board has established a goal to strengthen the county's role and increase its support of fester' nta#y sound -economic nr9m4h and development efforts within ^w .I T"a Washington County BoaYd bac- stated its intere s The count l+ is committed to investing staff time and financial resources in pga gealit�} transpart-atinn-infrectri iRt, ire to faG litate on^n^rnir+nlanned, �ordlnated and strategic manner to promote economic developments -one strategy to that creates new lobs, retains lobs, increases the county tax base, and enhances the quality of life of the residents of the county. To meet *K�aethese goals, the Gounty Board will revi Fequests county board is committed to partnering with its local communities through the utilization of economic development abate ^ntn tools that are available. Economic abatement applications that are submitted under Minnesota Statutes Chapter 469 upon the GOMpletien and submittal ef an appliGatiGnwill be reviewed and considered as provided in this policy. Guidelines Applicants for an economic abatement shall complete anAbatement 4096-ecxappl_ication for economic development abatement that includes: 1. The RaFneName and contact information of the applicant 2. Description of request 3. T-gel-ist of parcels included in the abatement request 4. TT,"^ h^^i^^iMTO^^ dateBeginning andfor—ending dates of the abatement A de6GFintiOn of the benefit to Washington Ge my 5 A desGrinti^nThe dollar amount or applicable formula of the abatement re uest 6. Description of the abatement benefits in compliance with M.S. 469.1813 Subd.1 67. Description of the public interest prepesedserved by the abatement as /� defined in M.S. 469.1813 Subd.1(2) �..^ ,., j,,. .,,,� ,.., y�..,.c policy `tnexplanation-'e'ri "^770w th�e-. request 4h" ent nnroFfter4a—feu1�3�YF'�iyis policy 8.A Gone ^,t r'rafla2; efle number Administrative Requirements Implemented: July 24, 1990 Page 1 of 5 Revised: November 9, 2010 4 Policy #4006 1. The proposal must compwith Minnesota Statutes. 4-- The proposal must include property identification numbers or legal descriptions and the abatement area must be made up of existing parcels of record._ Tax parcels subject to the abatement request must not be in a tax increment financing district. 3. The Property Records and Taxpayer Services Department wo'�,�gat� may impose a fee commensurate with the applieai;t complexity of the abatement to covert administrative costs of the program that are anticipated to be incurred over the life of the abatement. ° signed agFeement mus Such fee as a licable will be filed wathincluded in the department prior to final county heard aPPF.. Va terms of the abatement agreement. A A.,,. .,,...,�.,i....Lt,. ..,.,-.. ..,,.,..h— . �.. a.. 1:.. , ire .....___a _r ice_ _,.._s .,_ _• - - _ ...... ..........�........, ..._...��,.. ...... ..... p...... ...r.�......u. .... �� �.�Tliu d-83UP-lepMeRt Of n hn Restrictions on Economic Development Abatements Thein compliance with M.S. 469.1813 Subd.1 (1), the county board must find that the expected benefits of theagreement to the county are at least equal the Geste-te the county of the proposed . gFeemeRtcost. 2. Tieln compliance with M.S. 469.1813 Subd.1 (2), the board must find that the abatement action is in the public interest, because the abatement will meet at least one of the following criteria: aA. Increase or preserve tax base: 4II. Provide employment opportunities in the county= G. -iii. Provide or help acquire or construct public facilities= d -iv. Help redevelop or renew blighted areas: e.v. Help provide access to services for county residents, favi. Finance or provide public infrastructure; or vii. Phase in a property tax increase of more than 50% not attributable to improvement of the parcel. 3 ---By statute, abatements may not exceed five (&ten 10) percent of Washington County's +„re„tn ezf+1".1lntl•7'- he}Gmei#s approved at no more than 0 9 the ce-unty levy. Implemented: July 24, 1990 Page 2 of 5 Revised: November 9, 2010 Revised: Month dd_ 2015 Policy #4006 4-3. the pFepert„ is lerated 'n n in,�rernent r..r.. N1 a,r.... ar .a, ,.,��a.....�,-rp-net_tax ,,-�,�,� lnnnnlr.r•I distrir.t. gpacit (L. Economic Development Abatement Cf'steAa ° -Considerations The county board will consider the following srite�oras part of its review and approval of abatements granted under this section: 2L. The applioant must demonstrate the pFojeGt is not finanGially feasible " tax abatemRRt n1 Ihsidy regUe6t9d 31. The consistency of the plan with the principles of the county's The plan for land use and transportation. + 4. I he le Ga men of t with sewers-. &-2. The extent to which the project has regional impact. 6-3. The extent to which other taxing jurisdictions participate in the proposed abatement. ^� 7 --The extent to which the affected i'ity has utilized tax innrr..-�...nt ARanGing iTICI .. •�vrw rues •..v v111V1 Ia other e6enemmr. development abatements fGF PF9YOour, development aPA redevelopment nrojeGtn or extended existing TIC distrirrts TIIIdV YVIVLJIIIVIIa I✓I L,VVaV, VI VAa 4. T-hP-- R—W- ,r.t to NhiGh the project OF deGrea ..e..im acts county costs for road construction, traffic control, law enforcement, human services and other budgetary items. 9. WhetheF the abatement PFGpeses to redevelop an aFea that haG eXPeFienGed blight GF Gentamination as described an M.S. 469.1743 subd. 10, 10a, and 16; and/Gf "brown-';- lds" is defined as abandoned, idled, oF undeFUsed industrial 9F Gommeromal en,irenrvmental contamination 4-4)-5. Whether the abatement includes transit oriented development along transit corridors. 46. The extent to which the abatement contributes to the availability of housing, particularly for persons or families of low and moderate income. Washington County supports housing strategies that create scattered site low income housing options, rather than concentrating development of low income housing in complexes or "projects", or 57. The extent to which the abatement contributes to economic development. For this purpose, provision of employment opportunities as required by statute will be defined as providing benefits and livable wage . .,4euk net Implemented: July 24, 1990 Page 3 of 5 Revised: November 9, 2010 Revised: Month dd. 2015 Policy #4006 Definitions A. Economic Development Abatement A reduction of part or all of the county tax on a property as an incentive for economic development as authorized by Minnesota Statutes 469.1812 to 469.1815. B. Increase or Preserve Tax Base The extent to which the proposal adds to the county's net commercial and industrial tax base. Responsibility County Board 1. Hold public hearing of abatement request prior to approval. 2. Review and approve by resolution or deny any economic development abatement application and abatement agreement. County Administration 1. Accept applications for economic development abatements under this policy. 2. Ensure the abatements meet the statutory requirements in Chapter 469_ 3. Ensure the abatements meet the 4nft auirements outlined in this policy_ Property Records and Taxpayer Services Department 2L.1. Provide the necessary tax and value information in order to estimate the impact of any approved abatement on the county's tax base and finances fiscal disparities contribution must be deducted from the tax capacity used to compute the amount available for purposes of the abatement so that there is no adverse effect on the existing tax base. 2. Provide draft abatement agreement language. 3. Provide for the on-going administration of the abatement as identified in the authorizing resolution_ Implemented: July 24, 1990 Page 4 of 5 Revised: November 9, 2010 Revised: Month dd, 2015 Policy #4006 Source 1997 and 2001 Minnesota Legislatures, Chapter 469 County Board motion November 9, 2010 County Board motion Month dd. 2015 Implemented: July 24, 1990 Page 5 of 5 Revised: November 9, 2010 Revised: Month dd. 2015 Train will keep rollin', at ]east for one year - Your local online newsp... http:l www.presspubs.com,citizeri/news/article-7d554a9a-1079-Ile5... Train will keep rollin', at least for one year By Debra NeutkenslEditor j Posted: Thursday, June 11, 2015 9:00 am HUGO — The $145,000 in funding to keep the rail spur afloat squeaked through the Legislature a day before the session ended last month. At one point there was no transportation bill, City Administrator Bryan Bear told the City Council June 1, which would have doomed the tracks operated by Minnesota Commercial Railroad. But some "miraculous things" happened the weekend before adjournment. "Last-minute work kept it in a bare -bones transportation bill," Bear said, thanks to some "good work by our legislators." That means Hugo's stretch of track into the Bald Eagle Industrial Park will remain in service for the short term and funds will be used as soon as possible to make emergency repairs to 6.5 miles of track. But again, it's only a one-year patch. A permanent solution is still needed. When asked the reaction of Minnesota Commercial Railroad to the funding, Bear said President John Gohmann is pleased with efforts the city has made to keep the track going for the few local businesses that use it. Schwieters' companies, which hired a consultant to help in the lobbying effort, are relieved and grateful, Bear added, iterating there is still some level of discomfort not knowing how permanent it is. Regarding other legislation, the city administrator feels it unlikely Hugo will get a $1 million piece of a small bonding bill for its stormwater reuse projects during special session. There is no language in the draft bills, Bear said. "Water provisions didn't make it anywhere this session," Bear noted. Mayor Tom Weidt asked staff to draft a letter thanking area legislators Rep. Linda Runbeck, Rep. Matt Dean and Sen. Roger Chamberlain for their efforts in getting the transportation bill passed. "They are good allies who are still fighting for us in a tough session," the mayor said. Meanwhile, the Beaver Ponds Park stormwater reuse plan will continue as scheduled. The city is at the point where it can accept bids on the irrigation project, with construction to begin this summer. The Waters Edge townhome irrigation reuse project will likely start in the fall, with all systems in service in 2016. City Engineer Jay Kennedy said they are still hoping to get funding from a Minnesota Resources grant. 1 of 2 6112.7015 2.54 PM Train will keep rollin', at least for one year - Your local online newsp... http:/."www.presspubs.com/citizen.'news.'article 7d554a9a-1074-11e5... Councilman Phil Klein said it was disappointing the Legislature didn't approve the funding, but the city must continue to be proactive on water issues. 2 of 2 6/12/2015 2:54 PM