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EDA Agenda 08-14-2019AGENDA REGULAR MEETING - ECONOMIC DEVELOPMENT AUTHORITY (EDA) Wednesday, August 14th, 2019 — 6:00 p.m. Mississippi Room, Monticello Community Center Commissioners: President Steve Johnson, Vice President Bill Tapper, Treasurer Jon Morphew, Tracy Hinz, 011ie Koropchak-White and Councilmembers Lloyd Hilgart and Jim Davidson Staff: Executive Director Jim Thares, Jeff O'Neill, Angela Schumann, Wayne Oberg and Jacob Thunander 1. Call to Order 2. Roll Call 3. Consideration of additional agenda items 4. Consent Agenda a. Consideration of approving Regular Meeting Minutes — July 10, 2019 b. Consideration of approving Workshop Meeting Minutes — July 10, 2019 c. Consideration of approving Special Meeting Minutes — July 31, 2019 d. Consideration of adopting Resolution #2019-07 approving EDA Bylaws Amendment establishing a Second Monthly Meeting e. Consideration of approving payment of bills Regular Agenda 5. Consideration of Letter of Intent for UMC, Inc. Development Proposal 6. Consideration of acceptance of Economic Development Tax Increment Financing (TIF) District Application by UMC, Inc. and further consideration of Minnesota Investment Fund (MIF) and Job Creation Fund (JCF) grant recommendations to the City Council 7. Consideration of Adopting Resolution #2019-08 approving 2020 HRA Property Tax Levy in the amount of $355,000 and 2020 EDA Budget in the amount of $360,241 8. Director's Report 9. Closed Session — Consideration of recessing to closed session to develop or consider offers or counter-offers for the purchase or sale of real or personal property pursuant to Minnesota Statute 13D.05, Subdivision 3(c)(3). Property Address and/or PID #155-223-000010 & 155-194-000010 Property Address: 216 PINE ST — PID #155-010-034010 Property Address: 300 4TH ST E— PID #155-019-008010 10. Adj ourn MINUTES REGULAR MEETING - ECONOMIC DEVELOPMENT AUTHORITY (EDA) Wednesday, July lOth, 2019 — 6:00 p.m. Mississippi Room, Monticello Community Center Commissioners Present Staff Present: Steve Johnson, Bill Tapper, Jon Morphew, Tracy Hinz, 011ie Koropchak-White, Lloyd Hilgart, and Jim Davidson Jim Thares and Angela Schumann 1. Call to Order Steve Johnson called the regular meeting of the EDA to order at 6:00 p.m. 2. Roll Call 3. Consideration of additional a�enda items None. � 4. Consent Agenda BILL TAPPER MOVED TO APPROVE THE CONSENT AGENDA. LLOYD HTT,GART SECONDED THE MOTION. MOTION CARRIED, 7-0. a. Consideration of approvin� Re�ular Meetin� Minutes — June 12, 2019 Recommendation: Approve the Regular Meeting Minutes — June 12, 2019. b. Consideration of allowin� Public Works Department temporarv use of EDA Propertv located at 112 West River Street for stora�e of equipment Recommendation: Authorize staff to prepare a MOA outlining terms and conditions of the Parks Department's temporary usage of EDA owned property located at 112 West River Street. Bill Tapper confirmed that the EDA would not incur any legal expenses. Thares confirmed. c. Consideration of Block 52 WSRR Survev Quotes; Authorization to enter into a Professional Services Contract with Anderson Engineering in the amount of $4,920.00 Recommendation: Authorize the lowest qualified quote (Anderson Engineering of Minnesota, LLC ($4,920) for WSRR surveying services for Block 52. d. Consideration of approvin� pavment of bills Recommendation: Approve payment of bills through June, 2019. Economic Development Authority Minutes — July lOth, 2019 Page 1 � 5 Regular Agenda 5. Consideration of Presentation of Co-Work Space Concept - Crvstal Nutt Jim Thares introduced the item and explained that Monticello resident, Crystal Nutt, is interested in starting up a co-work space. Crystal Nutt explained that the idea of a co-work space had begun in the winter. Nutt has located a fellowship program through the Initiative Foundation. The main focus of the fellowship is for social enterprise which fits well with the co-work concept. She noted that the fellowship would support the research stage of the proj ect. Nutt stated that she was hoping for feedback from the EDA on whether they were interested in this concept. Lloyd Hilgart asked if the co-work space would be privately or public owned. Nutt explained that she would help facilitate the process, but did not want to own the space. She noted that other communities such as Willmar and Bemidji have launched their own co-work space successfully. Nutt added that she has seen the spaces owned privately, by the City, or by business investors. Steve Johnson asked if Nutt had calculated the need for a space in Monticello or if it was all speculation. Nutt stated it was speculative, but based on her experience and colleagues, coupled with a national trend. Johnson asked if Nutt has looked more into a space that would work for the concept. Nutt explained the fellowship would allow her to further research available sites, but she was interested in locating in downtown. Johnson asked how the project would be funded. Nutt explained that the Bemidji project received DEED funding and likely receives on-going funding. The EDA was supportive of the concept. 6. Consideration of Preview of GMEF Loan Application, Ausco Desi�n (Jason Kisner) Jim Thares introduced the item and noted that the EDA received a GMEF loan request from Ausco Design in the amount of $75,000. Jason Kisner introduced himself. He explained that he started his business out of his home in Monticello. Since then, his business has been growing. They moved to a site on Chelsea Road in 2018 but have now out-grown that too. Kisner is seeking gap financing from the EDA to support the purchase of an 11,000 square foot building located at 218 W 3rd Street. Jim Davidson asked how many full-time employees are at the business. Kisner indicated that there are 4 full time employees. He explained that his business does embroidery, screen printing, and graphic design. Kisner stated that they are need to hire two more employees. Jim Thares indicated that the EDA guidelines require that the applicant provide 5-10% owner equity to the proj ect. It was not indicated that the applicant would provide any equity. Tracy Hinz indicated that there was another EDA loan program that may be a better fit. Kisner stated the reason why they couldn't put the 5% down. He noted that he has paid for most of his start up fees with cash. Economic Development Authority Minutes — July lOth, 2019 Page 2 � 5 It was noted that the 5% is on the total cost of the project. Thares estimated it to be at $34,000. Thares provided the options the EDA could take. If the EDA decided to award Ausco Design the loan, they could proceed with the normal application process. Bill Tapper asked if the SBA loan had been approved. Kisner responded that he was working with the lender on Thursday (7-11-2019). Steve Johnson was interested in seeing additional underwriting documentation to better understand cash flow. Jon Morphew asked what other collateral would mean. Thares indicated that could include things like a second real estate mortgage on other property such as a home or un- encumbered equipment. Thares indicated that the request would have to come back to the EDA, but that he was seeking input since there would be no equity. Johnson asked that the applicant find some creative ways for equity. Hinz suggested looking into the equipment loan program. TRACY H1NZ MOVED TO AUTHORIZE PREPARATION OF A GMEF LOAN AGREEMENT AS WELL AS FURTHER EXPLORATION OF THE SCDP LOAN PROGRAM AND RELATED DOCUMENTS BETWEEN THE EDA AND AUSCO DESIGN FOR CONSIDERATION AT THE AUGUST 2019 EDA MEETING. JON MORPHEW SECONDED THE MOTION. MOTION CARRIED, 7-0. 7. Consideration of Preliminarv Development A�reement with Beard Group, Inc. for prospective Block 52 Redevelopment Proiect Steve Johnson gave the gavel to Bill Tapper. Jim Thares introduced the item and noted that this was the first step in the development agreement phase. He explained that the Beard Group supplied a$5,000 escrow to the City. Angela Schumann brought attention to the first "whereas" and Exhibit A in the predevelopment agreement. It noted the development area all of Block 52. Schumann explained that the EDA could negotiate with the remaining property owners on the block, but it was noted that if the property owner isn't willing to sell, the developer could revise their plans. An error was noted in the staff report regarding the escrow. Thares confirmed it was in the amount of $5,000. Tracy Hinz asked if there was an expiration to the agreement. Thares indicated it was March 31, 2020. Economic Development Authority Minutes — July lOth, 2019 Page 3 � 5 JINI DAVIDSON MOVED TO ADOPT RESOLUTION #2019-OS APPROVING A PDA BETWEEN BEARD GROUP, 1NC. OR ITS ASSIGNS AND THE EDA 1N CONNECTION WITH THE POTENTIAL MIXED-USE REDEVELOPMENT 1N BLOCK 52. OLLIE KOROPCHAK-WHITE SECONDED THE MOTION. MOTION CARRIED, 7-0. The gavel was returned to Steve Johnson. 8. Consideration of proposed 2020 EDA Marketin� Bud�et Jim Thares introduced the item. He noted that the proposed 2020 budget for marketing is $24,400. Steve Johnson questioned the Times Partnership Piece. Staff would check if this cost was for a digital and print version. Staff would evaluate the estimated amount of staff time for this item. Tracy Hinz asked if the marketing pieces would come back to the EDA for final approval. Thares confirmed. Bill Tapper questioned the Direct Mail or Media-Ad Buys. BILL TAPPER MOVED TO ADOPT PROPOSED 2020 MARI�ETING PLAN AND BUDGET. JIM DAVIDSON SECONDED THE MOTION. MOTION CARRIED, 7-0. 9. Consideration of 2020 Tar�et HRA Propertv Tax Levv Jim Thares indicated that the EDA met previously to discuss the 2020 target HRA levy. It was noted that the County is working on providing a taxable market value in the next 30 days. Monticello's present market value is estimated at $1.923 billion, The allowable levy by statue is $355,000. Staff recommended that the EDA set the maximum amount by state. Thares explained that the EDA was a recommending body to the City Council for the HRA levy. LLOYD HILGART MOVED TO SET THE LEVY AT THE MAXINIUM LEVY PER STATE STATUTE. TRACY H1NZ SECONDED THE MOTION. MOTION CARRIED, 7-0. 10. Director's Report Jim Thares indicated that two meetings would need to occur in the coming weeks. One would be a closed meeting to discuss negotiations for a prospect. Thares also asked the EDA for their interest in holding two monthly meetings due to the increase activity level and desire to respond to proposal request in a more-timely manner. Thares also reviewed the prospect list. Thares indicated that he highlighted prospects are making steps for final site selection subj ect final EDA approval. Economic Development Authority Minutes — July lOth, 2019 Page 4 � 5 11. Adiourn BILL TAPPER MOVED TO ADJOURN THE MEETING AT 7:18 P.M. TRACY H1NZ SECONDED THE MOTION. MOTION CARRIED, 7-0. Recorder: Jacob Thunander Approved: August 14, 2019 Attest: Jim Thares, Economic Development Director Economic Development Authority Minutes — July lOth, 2019 Page 5 � 5 MINUTES WORKSHOP MEETING - ECONOMIC DEVELOPMENT AUTHORITY (EDA) Wednesday, July lOth, 2019 — 4:30 p.m. Academy Room, Monticello Community Center Commissioners Present: Steve Johnson, Bill Tapper, Jon Morphew, 011ie Koropchak-White, Tracy Hinz, Lloyd Hilgart, and Jim Davidson Staff Present: Jeff O'Neill, Angela Schumann, Jim Thares, and Wayne Oberg 1. Call to Order Steve Johnson called the workshop meeting of the EDA to order at 4:30 p.m. 2. Roll Call 3. 2020 Bud�et and HRA Levv Review Jim Thares introduced the item by talking about the budget calendar cycle. Thares provided a proposed 2020 EDA operating budget of $360,241. This number could be adjusted based on the market value. Thares discussed the opportunity to update the housing study in 2020. He recommended setting the levy at the highest amount due to progress in downtown redevelopment efforts. 4. Fund Balance Review, Proiect Updates and Proiected Fund Impacts Jim Thares provided the fund balance review discussion. He also reviewed each of the TIF districts with prospective committed allocations and post project balances for each district. 5. Adiournment TRACY H1NZ MOVED TO ADJOURN THE MEETING AT 5:45 P.M BILL TAPPER SECONDED THE MOTION. MOTION CARRIED, 7-0. Recorder: Jacob Thunander Approved: August 14, 2019 Attest: Jim Thares, Economic Development Director Economic Development Authority Minutes (Workshop Meeting) — August 14th, 2019 Page 1 � 1 MINUTE S REGULAR MEETING - ECONOMIC DEVELOPMENT AUTHORITY (EDA) Wednesday, July 31st, 2019 — 7:00 a.m. Mississippi Room, Monticello Community Center Commissioners Present: Steve Johnson, Bill Tapper, Jon Morphew, Tracy Hinz, 011ie Koropchak-White, Lloyd Hilgart, and Jim Davidson Staff Present: Jim Thares, Angela Schumann, and Tammy Omdal (Northland Securities) 1. Call to Order Steve Johnson called the regular meeting of the EDA to order at 7 a.m. 2. Roll Call 3. Consideration of additional a�enda items None. 4. Consent Agenda BILL TAPPER MOVED TO APPROVE THE CONSENT AGENDA WITH THE REMOVAL OF A, B, AND D. JIM DAVIDSON SECONDED THE MOTION. MOTION CARRIED, 7-0. a. Consideration of approvin� Special Meetin� Minutes — Mav 29, 2019 -REMOVED FROM THE CONSENT AGENDA.- b. Consideration of Relocation Services Quotes for Block 52 and Authorization to enter into Professional Services Contract for Relocation Services- Administration related to Block 52 with WSB & Associates in the amount of $10,208.00 -REMOVED FROM THE CONSENT AGENDA.- c. Consideration of Northland Securities Services A�reement for creation of TIF Economic Development District 1-41 in the amount of $8,820.00 Recommendation: Approve Northland Securities, Inc's. Financial Planning Agreement for services related to creation of a new economic development TIF district as presented. d. Consideration of Quote for Well Monitorin� related to follow up activitv from Block 52 Soil Boin�s in the amount of $2,800.00 from Chosen Vallev Testin� -REMOVED FROM THE CONSENT AGENDA.- Regular Agenda Economic Development Authority Minutes (Special Meeting) — August 14th, 2019 Page 1 � 4 4a. Consideration of approvin� Special Meetin� Minutes — Mav 29, 2019 Steve Johnson requested that the meeting minutes reflect that he left the meeting for Item 5. BILL TAPPER MOVED TO APPROVE THE SPECIAL MEETING MINUTES — MAY 29, 2019. LLOYD HILGART SECONDED THE MOTION. MOTION CARRIED, 7-0. Consideration of Resolution recommendin� Citv Council call for a Public Hearin� to consider establishin� a new Economic Development TIF District Jim Thares explained that staff have been working with Project Novus to make their project come to fruition. Thares noted that the company is seeking build a new 40,000 square foot manufacturing facility and create 60 new full time jobs. They would like to apply for TIF assistance. Establishing a new TIF District requires a public hearing. It was noted that the prospect would like to expedite the process with the goal of breaking ground yet this fall. Tim Dolan, Decklan Group, introduced himself and reiterated the applicant's timeline. TRACY HINZ MOVED TO ADOPT RESOLUTION #2019-06 RECOMMENDING THE CITY COUNCIL CALL FOR A PUBLIC HEARING REGARDING THE CREATION OF A NEW ECONOMIC DEVELOPMENT TIF DISTRICT (#1-41). OLLIE KOROPCHAK-WHITE SECONDED THE MOTION. MOTION CARRIED, 7- 0. 6. Consideration of Ordinance Amendment Process Update establishin� a 2"d Re�ular EDA monthlv meetin� Jim Thares reminded the EDA of their previous discussion regarding adding an additional regular meeting to the calendar. He explained that the meetings would be held on the second Wednesday at 6 p.m. and the fourth Wednesday of each month at 7 a.m. Angela Schumann noted that the second monthly meeting would not be televised. A digital recording would be available. Thares explained the revised bylaws would be considered at the August 14 meeting. 7. Consideration of appointin� member to serve on Comprehensive Plan Advisorv Committee Jim Thares noted that the Comprehensive Plan update has begun. Thares noted that the EDA is being asked for one volunteer to serve on the committee. Other City boards and organizations are also being asked to appoint a representative. BILL TAPPER MOVED TO NOMINATE COMMISSIONER JON MORPHEW AS THE EDA REPRESENTATNE TO 2040 MONTICELLO COMMUNITY VISION & COMPREHENSNE PLAN ADVISORY SUB-COMMITTEE, PENDING COUNCIL APPROVAL OF A SUB-COMMITTEE. OLLIE KOROPCHAK-WHITE SECONDED Economic Development Authority Minutes (Special Meeting) — August 14th, 2019 Page 2 � 4 THE MOTION. MOTION CARRIED, 7-0. 8. Director's Report Jim Thares provided an update regarding the Ausco Design and Graphic loan request. Thares explained that in discussions with Duane Northagen, Wright County Economic Development Partnership, that it was concluded that they and the Southwest Initiative Foundation would be better suited to partner to partner together and consider a loan request from Ausco. As a result of that proposal, Ausco is not further pursuing a loan from the EDA at this time. Thares also shared a letter that was received from a former tenant of Block 52. She expressed gratitude for the process. Thares also mentioned a visit form Congressmen Emmer at Rustech Brewing. Steve Johnson left the meeting. 4b. Consideration of Relocation Services Quotes for Block 52 and Authorization to enter into Professional Services Contract for Relocation Services-Administration related to Block 52 with WSB & Associates in the amount of $10,208.00 Jim Thares indicated that the EDA received two qualified quotes for relocation services for Block 52 redevelopment efforts and required steps. The quotes were received from WSB and Henning Professional. WSB provided the lowest quote for service. Bill Tapper asked if the quote included all the remaining properties on Block 52. Thares declined and stated that it only included three properties on the block The contract can be amended in the future if there is a need for more services. LLOYD HILGART MOVED TO APPROVE THE QUOTE AND ENTER 1NT0 A CONTRACT FOR RELOCATION SERVICES WITH WSB & ASSOCATES 1N THE AMOUNT OF $10,208. JIM DAVIDSON SECONDED THE MOTION. MOTION CARRIED PASSED 6-0. 4d. Consideration of Quote for Well Monitorin� related to follow up activity from Block 52 Soil Boin�s in the amount of $2,800.00 from Chosen Vallev Testin� Thares explained that the City Public Works Department is declining to get involved in the well level monitoring required as a part of the soil boring testing recently completed in Block 52. The reasoning is that they lack the proper equipment and currently have a full list of responsibilities with out adding more items to their workload. TRACY H1NZ MOVED TO APPROVE THE QUOTE FOR WELL MONITORING SERVICES WITH CHOSEN VALLEY TESTING 1N THE AMOUNT OF $2,800. JIM DAVIDSON SECONDED THE MOTION. MOTION CARRIED 6-0. Economic Development Authority Minutes (Special Meeting) — August 14th, 2019 Page 3 � 4 9. Consideration of Authorizin� Solicitation of Quotes for Substandard Buildin� Qualifications Studv related to Prospective Block 52 Redevelopment TIF District Jim Thares explained that a required step in pursuing a redevelopment TIF District is verifying the substandard conditions of buildings in the desired District boundaries and thereby justifying the need for redevelopment efforts. There are a small handful of firms that perform this specific service and provide the report in the format required to stand potential legal challenges. The EDA has previously used LHB Architects, Inc. to perform substandard building inspections. The EDA is being asked to authorize a staff to solicit a quote from LHB and any other firm that may be willing to offer the services. It was noted that this is a step that is best performed hand in hand with prospective future property acquisitions. OLLIE KOROPCHAK-WHITE MOVED TO AUTORIZE SOLICITATION OF QUOTES FOR BLIGHT-SUBSTANDARD BUILDING 1NSPECTION RELATED TO PROSPECTNE BLOCK 52 REDEVELOPMENT TIF DISTRICT. JON MORPHEW SECONDED THE MOTION. MOTION CARRIED 6-0. 10. Adiourn TRACY HINZ MOVED TO ADJOURN THE MEETING AT 7: 57 AM MOTION SECONDED BY JIM DAVIDSON. MOTION CARRIED 6-0. Recorder: Jacob Thunander Approved: August 14, 2019 Attest: Jim Thares, Economic Development Director Economic Development Authority Minutes (Special Meeting) — August 14th, 2019 Page 4 � 4 EDA Agenda - 08/14/19 4d. Consideration of Adoptin� Resolution #2019-07 amendin� EDA Bvlaws establishin� a second monthlv meeting (JT) A. REFERENCE AND BACKGROUND: At its regular July 10, 2019 meeting, the EDA discussed the idea of holding a second regular meeting each month to accommodate the amount of activities and projects that need to be addressed in a timely manner. During the discussion, members were polled as to which date and time generally works best for a second monthly meeting. A consensus was that the 4th Wednesday of the month works well with the meeting being held at 7:00 a.m. The EDA attorney is also recommending this consideration as an opportunity to eliminate language that is no longer appropriate in the document (Article II regarding Commissioners Terms, etc.) Any change to the EDAs meeting schedule needs to occur by amending the Bylaws. Specific language governing the meeting dates is included in Article V. The amendment proposal simply adds "4th�� Wednesday to the document therein designating a second meeting time. Al. STAFF IMPACT: The primary reason to add the second monthly meeting is to allow the EDA to consider various development projects and issues of concern in a timely manner. The staff impact from considering the proposal to add a second monthly meeting will consist of managing work flow and schedules; this is an expected skill in performance of staff's job duties. Instead of one meeting packet to prepare each month, staff will be responsible for organizing and managing the information and schedule of two meetings each month. This workload can be accommodated with current staff level. Specific staff involved in processing the proposed Bylaws amendment include the Community Development Director, Economic Development Manager and the EDA attorney. A2. BUDGET IMPACT: There will be a nominal budget impact due to review of the Bylaws language and preparation of a Resolution by the EDA attorney. Beyond the amendment itself, there is minimal financial impact since the EDA members do not receive a meeting stipend. ALTERNATIVE ACTIONS: L Motion to adopt EDA Resolution #2019-07 approving the changes to the Bylaws establishing a second monthly meeting time. 2. Motion to Table or Deny adoption of EDA Resolution #2019-07 approving the changes to the Bylaws establishing a second monthly meeting time. B. STAFF RECOMMENDATION: Staff recommends approval of the proposed Bylaws amendment establishing a second monthly meeting to allow the EDA to more efficiently and effectively consider development issues and proposals. Any change to the EDA meeting schedule is required through adoption of a Resolution amending the Bylaws as to the specific language in the relevant Article (Article V) regarding meeting times. C. SUPPORTING DATA: A. Resolution EDA #2019-07 B. EDA Bylaws with proposed language changes C. Redline Bylaws Amendment D. EDA Enabling Resolution CITY OF MONTICELLO ECONOMIC DEVELOPMENT AUTHORITY RESOLUTION NO. 2019-07 RESOLUTION APPROVING AMENDMENT OF BYLAWS WHEREAS, the Board of Commissioners (the `Board") of the City of Monticello Economic Development Authority (the "Authority") has considered a proposed amendment to its Bylaws; and WHEREAS, the Board has determined that it is reasonable, expedient and in the best interest of the public to amend Article V, Section 1 of the Bylaws of the Authority to provide that regular meetings of the Authority shall be held on the 2"d and 4m Wednesday of each month; and WHEREAS, Article VIII, Section 1 of the Bylaws provides for amendments to the Bylaws by maj ority vote of the Board at any regular or special meeting of the Authority. NOW, TI�REFORE, BE TT RESOLVED, by the City of Monticello Economic Development Authority as follows: 1. The Authority's Bylaws are amended in the form attached to this Resolution. 2. The Board hereby approves the amended Bylaws. Adopted by the Board of Commissioners of the City of Monticello Economic Development Authority this 14th day of August, 2019. President ATTEST: Executive Director 605079v1MN190-101 BYLAW S OF THE ECONOMIC DEVELOPMENT AUTHORITY ARTICLE I - THE AUTHORITY Section 1. Name of Authoritv. The name of the Authority shall be the "City of Monticello Economic Development Authority." Section 2. Office of Authoritv. The office of the Authority shall be at the City Hall in the City of Monticello, State of Minnesota, but the Authority may hold its meetings at such other place or places as it may designate by resolution. Section 3. Seal of Authoritv. The seal of the Authority shall be in the form of a circle and shall bear the name of the Authority and the year of its organization. Section 4. Establishment. The City of Monticello Economic Development Authority is established pursuant to Minnesota Statutes, Section 469.090 to 469.1081, as amended. ARTICLE II - THE COMMISSIONERS Section 1. Appointment, Terms, Vacancies, Pay, and Removal. Shall be in accordance with the Amended and Restated Resolution Enabling the Creation of the City of Monticello Economic Development Authority dated October 22, 2007 and as it may be amended (the "Enabling Resolution"). ARTICLE III - THE OFFICERS Section 1. Officers. The Authority shall elect a president, a vice president, a treasurer, a secretary, and an assistant treasurer at the annual meeting. A commissioner must not serve as president and vice president at the same time. The other offices may be held by the same commissioner. The offices of secretary and assistant treasurer need not be held by a commissioner. Section 2. President. The President shall preside at all meetings of the Authority. Except as otherwise authorized by resolution of the Board of Commissioners, the President and the Executive Director (the Assistant Treasurer, in the Executive Director's absence or incapacity) shall sign all contracts, deeds, and other instruments made or executed by the Authority, except that all checks of the Authority shall be signed by the Treasurer and Assistant Treasurer. At each meeting the President shall submit such recommendations and information as he or she may consider proper concerning the business, affairs, and policies of the Authority. Section 3. Vice President. The Vice President shall perform the duties of the President in the absence or incapacity of the President, including signing all contracts, deeds, and other instruments executed by the Authority; and in the case of the resignation or death of the President, the Vice President shall perform such duties as are imposed on the President until such 1 325599v9MN190-130 time as the Board shall select a new President. Section 4. Secretarv. The Secretary shall keep minutes of all meetings of the Board and shall maintain all records of the Authority. The office of Secretary may be held by the Executive Director upon approval thereof by the Authority. Section 5. Treasurer's Duties. The treasurer: (1) shall receive and is responsible for Authority money; (2) is responsible for the acts of the assistant treasurer; (3) shall disburse Authority money by any Authority-approved method, including without limitation check, wire transfer, or credit card; (4) shall keep an account of the source of all receipts and the nature, purpose, and authority of all disbursements; (5) shall file the Authority's detailed financial statement with its secretary at least once a year at times set by the Authority; and (6) shall prepare and submit an annual report describing the Authority's activities and providing an accurate statement of its financial condition to the City of Monticello by no later than one month following the annual meeting of the Authority. Section 6. Assistant Treasurer. The assistant treasurer has the powers and duties of the treasurer if the treasurer is absent or incapacitated. Section 7. Public Monev. Authority money is public money. ARTICLE IV - EXECUTIVE DIRECTOR The City Administrator, or any other person designated in writing by the City Administrator and approved by a majority of the Board of Commissioners, shall be designated as Executive Director of the Authority. Section 1. Duties. The Executive Director shall have general supervision over the administration of the Authority's business and affairs subject to the direction of the Authority. The Executive Director in his or her own name and title shall keep the records of the Authority, shall act as recorder of the meetings of the Authority and record all votes, and shall keep record of the proceedings of the Authority in a journal of proceedings to be kept for such purpose, and shall perform all duties incident to the office. The Executive Director shall, with the President, sign all contracts, deeds, and other instruments executed by the Authority, and shall keep in sole custody the seal of the Authority and shall have power to affix such seal to all contracts and instruments authorized to be executed by the Authority. 2 325599v9MN190-130 Any person appointed to fill the office of Executive Director, or any vacancy herein, shall have such terms as the Authority fixes, but no commissioner of the Authority shall be eligible to serve as the Executive Director. ARTICLE V - MEETINGS Section 1. Re�,ular Meetings. Regular meetings shall be held on the 2"d and 4tn Wednesday of each month. Section 2. Annual Meetin�. The annual meeting of the Authority shall be held in conjunction with the regular February meeting at the regular meeting place of the Authority. The August regular meeting shall include final fund balances reviewed at the Annual Meeting. Section 3. Special Meetin�s. Special meetings of the Authority may be called by the President, two members of the Authority, or the Executive Director for the purpose of transacting any business designated in the call. All commissioners of the Authority shall be notified. Section 4. uorum. At any meeting of the Authority, the presence of four commissioners shall constitute a quorum. If a quorum is not present at any meeting, those present shall have power to adj ourn the meeting from time to time without notice other than announcement at such meeting until the requisite number of votes shall be present to constitute a quorum. At any such adjourned meeting at which a quorum is present, any business may be transacted which might have been transacted at the meeting as originally called. Any resolution, election, or other formal action of the Authority shall be adopted upon the affirmative vote of a majority of the Authority membership. Section 5. Rules of Procedure. Unless otherwise specified in the Enabling Resolution or in these bylaws, all meetings of the Authority shall be conducted in accordance with Roberts' Rules of Order revised. Section 6. Manner of Votin�. The voting on all questions coming before the Authority shall be voice unless the President calls for a roll call vote. The yeas and nays shall be entered upon the minutes of such meetings. ARTICLE VI - EMPLOYEES; SERVICES; SUPPLIES Section 1. Emplovees. Subject to limits set by the appropriations or other funds made available, the Authority may employ such staff, technicians, and experts as may be deemed proper and may incur such other expenses as may be necessary and proper for the conduct of its affairs. Section 2. Contract for Services. The Authority may contract for services of consultants, agents, public accountants, and other persons needed to perform its duties and exercise its powers. Section 3. Le�al Services. The Authority may use the services of the city attorney or 3 325599v9MN190-130 hire a general counsel for its legal needs. The city attorney or general counsel, as determined by the Authority, is its chief legal advisor. Section 4. Su�lies. The Authority may purchase the supplies and materials it needs to carry out its function pursuant to Minnesota Statutes, Sections 469.090 to 469.1081. Section 5. Citv Purchasin�. The Authority may use the facilities of its city's purchasing department in connection with construction work and to purchase equipment, supplies, or materials. Section 6. Citv Facilities, Services. The City may furnish offices, structures and space, and stenographic, clerical, engineering or other assistance to the Authority. Section 7. Dele�ation Power. The Authority may delegate to one or more of its agents or employees powers or duties as it may deem proper. ARTICLE VII - POWERS Section 1. Functions, Powers, and Duties. Shall be in accordance with the Enabling Resolution. Section 2. Limitations of Power. Shall be in accordance with the Enabling Resolution. ARTICLE VIII - AMENDMENTS Section 1. Amendment to Bvlaws. The bylaws of the Authority shall be amended by a majority vote of the Authority membership at a regular or special meeting. The amendments must be in written form. Section 2. Conflicts. In any instance where these bylaws are in conflict with the Enabling Resolution, the Enabling Resolution shall control. Section 3. Effective Date. These bylaws are effective upon their adoption by the Authority. Dated: August 14, 2019. Signed: President (Seal) Executive Director 4 325599v9MN190-130 BYLAW S OF THE ECONOMIC DEVELOPMENT AUTHORITY ARTICLE I - THE AUTHORITY Section 1. Name of Authoritv. The name of the Authority shall be the "City of Monticello Economic Development Authority." Section 2. Office of Authoritv. The office of the Authority shall be at the City Hall in the City of Monticello, State of Minnesota, but the Authority may hold its meetings at such other place or places as it may designate by resolution. Section 3. Seal of Authoritv. The seal of the Authority shall be in the form of a circle and shall bear the name of the Authority and the year of its organization. Section 4. Establishment. The City of Monticello Economic Development Authority is established pursuant to Minnesota Statutes, Section 469.090 to 469.1081, as amended. ARTICLE II - THE COMMISSIONERS Section 1. Appointment, Terms, Vacancies, Pay, and Removal. Shall be in accordance with the Amended and Restated Resolution Enabling the Creation of the City of Monticello Economic Development Authority dated October 22, 2007 and as it may be amended (the "Enabling Resolution" . , , r;�., „�,��r,,,,�;,.oii„ �x�ri,.�,� r,,,,,,�., ,��r;,,,,o�„�., > > � ARTICLE III - THE OFFICERS Section 1. Officers. The Authority shall elect a president, a vice president, a treasurer, a secretary, and an assistant treasurer at the annual meeting. A commissioner must not serve as president and vice president at the same time. The other offices may be held by the same commissioner. The offices of secretary and assistant treasurer need not be held by a commissioner. Section 2. President. The President shall preside at all meetings of the Authority. Except as otherwise authorized by resolution of the Board of Commissioners, the President and the Executive Director (the Assistant Treasurer, in the Executive Director's absence or incapacity) shall sign all contracts, deeds, and other instruments made or executed by the Authority, except that all checks of the Authority shall be signed by the Treasurer and Assistant Treasurer. At each meeting the President shall submit such recommendations and information as he or she may consider proper concerning the business, affairs, and policies of the Authority. Section 3. Vice President. The Vice President shall perform the duties of the President in the absence or incapacity of the President, including signing all contracts, deeds, and other instruments executed by the Authority; and in the case of the resignation or death of the 1 325599v��9MN190-130 President, the Vice President shall perform such duties as are imposed on the President until such time as the Board shall select a new President. Section 4. Secretarv. The Secretary shall keep minutes of all meetings of the Board and shall maintain all records of the Authority. The office of Secretary may be held by the Executive Director upon approval thereof by the Authority. Section 5. Treasurer's Duties. The treasurer: (1) shall receive and is responsible for Authority money; (2) is responsible for the acts of the assistant treasurer; (3) shall disburse Authority money by any Authority-approved method, including without limitation check, wire transfer, or credit card; (4) shall keep an account of the source of all receipts and the nature, purpose, and authority of all disbursements; (5) shall file the Authority's detailed financial statement with its secretary at least once a year at times set by the Authority; and (6) shall prepare and submit an annual report describing the Authority's activities and providing an accurate statement of its financial condition to the City of Monticello by no later than one month following the annual meeting of the Authority. Section 6. Assistant Treasurer. The assistant treasurer has the powers and duties of the treasurer if the treasurer is absent or incapacitated. Section 7. Public Monev. Authority money is public money. ARTICLE IV - EXECUTIVE DIRECTOR The City Administrator, or any other person designated in writing by the City Administrator and approved by a majority of the Board of Commissioners, shall be designated as Executive Director of the Authority. Section 1. Duties. The Executive Director shall have general supervision over the administration of the Authority's business and affairs subject to the direction of the Authority. The Executive Director in his or her own name and title shall keep the records of the Authority, shall act as recorder of the meetings of the Authority and record all votes, and shall keep record of the proceedings of the Authority in a journal of proceedings to be kept for such purpose, and shall perform all duties incident to the office. The Executive Director shall, with the President, sign all contracts, deeds, and other instruments executed by the Authority, and shall keep in sole 2 325599v��9MN190-130 custody the seal of the Authority and shall have power to affix such seal to all contracts and instruments authorized to be executed by the Authority. Any person appointed to fill the office of Executive Director, or any vacancy herein, shall have such terms as the Authority fixes, but no commissioner of the Authority shall be eligible to serve as the Executive Director. ARTICLE V - MEETINGS Section 1. Re�,ular Meetings. Regular meetings shall be held on the 2"d and 4tn Wednesday of each month. Section 2. Annual Meetin�. The annual meeting of the Authority shall be held in conjunction with the regular February meeting at the regular meeting place of the Authority. The August regular meeting shall include final fund balances reviewed at the Annual Meeting. Section 3. Special Meetin�s. Special meetings of the Authority may be called by the President, two members of the Authority, or the Executive Director for the purpose of transacting any business designated in the call. All commissioners of the Authority shall be notified. Section 4. uorum. At any meeting of the Authority, the presence of four commissioners shall constitute a quorum. If a quorum is not present at any meeting those present shall have power to adj ourn the meeting from time to time without notice other than announcement at such meeting until the requisite number of votes shall be present to constitute a quorum. At any such adjourned meeting at which a quorum is present, any business may be transacted which might have been transacted at the meeting as originally called. Any resolution, election, or other formal action of the Authority shall be adopted upon the affirmative vote of a majority of the Authority membership. Section 5. Rules of Procedure. Unless otherwise specified in the Enabling Resolution or in these bylaws, all meetings of the Authority shall be conducted in accordance with Roberts' Rules of Order revised. Section 6. Manner of Votin�. The voting on all questions coming before the Authority shall be voice unless the President calls for a roll call vote. The yeas and nays shall be entered upon the minutes of such meetings. ARTICLE VI - EMPLOYEES; SERVICES; SUPPLIES Section 1. Emplovees. Subject to limits set by the appropriations or other funds made available, the Authority may employ such staff, technicians, and experts as may be deemed proper and may incur such other expenses as may be necessary and proper for the conduct of its affairs. Section 2. Contract for Services. The Authority may contract for services of consultants, agents, public accountants, and other persons needed to perform its duties and exercise its powers. 3 325599v��9MN190-130 Section 3. Le�al Services. The Authority may use the services of the city attorney or hire a general counsel for its legal needs. The city attorney or general counsel, as determined by the Authority, is its chief legal advisor. Section 4. Su�plies. The Authority may purchase the supplies and materials it needs to carry out its function pursuant to Minnesota Statutes, Sections 469.090 to 469.1081. Section 5. Citv Purchasin�. The Authority may use the facilities of its city's purchasing department in connection with construction work and to purchase equipment, supplies, or materials. Section 6. Citv Facilities, Services. The City may furnish offices, structures and space, and stenographic, clerical, engineering or other assistance to the Authority. Section 7. Dele�ation Power. The Authority may delegate to one or more of its agents or employees powers or duties as it may deem proper. ARTICLE VII - POWERS Section 1. Functions, Powers, and Duties. Shall be in accordance with the Enabling Resolution. Section 2 Resolution. Limitations of Power. Shall be in accordance with the Enabling ARTICLE VIII - AMENDMENTS Section 1. Amendment to Bvlaws. The bylaws of the Authority shall be amended by a majority vote of the Authority membership at a regular or special meeting. The amendments must be in written form. Section 2. Conflicts. In any instance where these bylaws are in conflict with the Enabling Resolution, the Enabling Resolution shall control. Section 3. Effective Date. These bylaws are effective upon their adoption by the Authority. Dated: , ''�' ^.Au�ust 14_ 2019. Signed: President (Seal) 4 325599v��9MN190-130 Executive Director 325599v��9MN190-130 Document comparison by Workshare Compare on Wednesday, August 07, 2019 11:53:50 AM Input: Document 1 ID Powerpocs://DOCSOPEN/325599/8 Description DOCSOPEN-#325599-v8-Monticello EDA bylaws Document 2 ID Powerpocs://DOCSOPEN/325599/9 Description DOCSOPEN-#325599-v9-Monticello EDA bylaws Rendering set Standard Legend: Insertion r�oi o�; �r � Moved to Style change Format change Inserted cell Deleted cell Moved cell Split/Merged cell Padding cell Statistics: Count Insertions 3 Deletions 3 Moved from 0 Moved to 0 Style change 0 Format changed 0 Total changes 6 CITY OF MONTICELLO WRIGHT COUNTY, MINNESOTA RESOLUTION NO. 2D13-010 AMENDED AND RESTATED RESOLUTION ENABLING THE CREATION OF THE CITY OF MONTICELLO ECONOMIC DEVELOPMENT AUTHORITY BE IT RESOLVED by the City Council of the City of Monticello, Minnesota ("City"} as %Ilows: Section 1. Bac_k�round and Findin�s 1.0�. The City is autharized by Minnesota Statuies, Sections 469.090 to 469.I081 (the "EDA Act") to establish an economic de�elopment authority io coordinate and administer aconomic deWelopmeni and rede�elopment plans and programs for the City, 1.02. By Ordinance No. 172, approved Ap�il 10, 1989 and codified in the City Code as Ti�le II, Chapter 3(the "Enabling Ordinance"), the City established the City of Manticello Economic Development Authority (`BDA"}, for the putpose of coordinating and adminis�ering economic de�elopment acti�ities in and for ihe City, 1.03. By resolutions approved on October 22, 2007 and January 14, 2008, ihe City transferred to the EDA the cantrol, authoriiy and operation of all projects administared by t�e Housing and Redeveloprnent Authoxity in and �ax the City of Manticello and adapted an Amended and Restated Enabling Resolution (tha "Enabling Resolution"}, which superceded the Enabling Ordinance in all respects. 1.p4. The City Council further amended the Enabling Resoluiion after a duly naticed public hearing on February 27, 2012. 1.05. The City Council has now determined to re�ise and clarify certain pro�risions of the Enabling Resolution by the adoption of this resolution. 1.06. The City Council has, in accordance with Minnesota Statutes Section 469.093, provided public notice and canducted a public hearing on the date hereaf, at which all persons wishing to be heard were given an oppartunity to express their views, concerning ihe propased modi�ications ta the Enabling Resalution. 1.07. This resolution constitutes an amendment and restatement of the Ena]�ling Re�olution of February 27, 2012, and sup�rced�s such Enabling Resoiution in all respects. Seciion 2. Enablin� Autharitv_. 2.01. The EDA r�vas established pursuant to the EDA Act under the Enabling Ordinanca as adapted Apri110,1989 and codified as Title II, Chapter 3 0� the City Code, as amended and restated by this resolution. 2.02. The EDA sha�l be composed of 7 commissioners to be appointed by the Mayor and confirmed by the City Council. 2.03. Two of the commissianers shall be members of the City Councii, The terms of office of ihe two members of the City Council shall coincide with their terms of office as members of #he City Council. The remaining �ve (5) comrnissioners shall be initia�ly appointed for terms of one, two, three, four, and five years respectively, T�ereafter, a11 non-Council commissianers shall be appointed for six-year terms. 2.0�. A vacancy is created in the membership of the EDA when a City Cauncil member af the board of cornmissioners ends Co�ncil membership, when any commissioner ends EDA mernbership prior to expiration of his or hex tez�m of office, on the day following the expiraiion o� a commissioner's term of office, or when a commissioner is removed by ihe City Council subject to the ierms of Section 2.07 hereo� . A vacancy for this or any other reason must be fill�d for a new term or th� balance af the unexpired term, as applicable, in the manner in which the original appoint.rnent was made, 2.05. Al1 of ihe commissioners who are nat members of the City Council must be either residents of the City, business�own�rs in the City, or property-owners in the City. 2.06. A11 comrr�ission�rs shall serve at tk�e pleasure af the City Council, subject to the terms of Section 2.07 hereof. Vacancies shall be filled by appointment by the Mayor with the confirmation of the City Council, 2.07. A commissianer may be removed by the City Council for inefficiency, neglect af duty, ox miscanduci in office. A commissioner shall be removed only after a hearing. A copy of the charges must be given ta �khe commissioner at least 10 days before ihe hearing, The commissioner must be given an opportuniiy to be heard in person or by the counsel at the hearing. When written charges have been submitted against the cornmissioner, the City Council may temporarily suspend the conunissioner. '�f the City Council finds that those charges ha�e not been substantiated, the conrunissianer shall be imrnediaiely reinstated. If a commissionex is removed, a record of the proceedings togeiher wi� the charges and findings shall be fiied in the otiice of the City Administrator. 2.08. Tha City Council sha11 malce available to �he EDA such appropriations as it deems fit for saiaries, fees, and expenses necessary in the conduct of its wark. The EDA shall ha�e authority to expend all budgeted sums so appropriated and recommend the expenditures of othar sums made available for its use from grants, gifts, and other sources for �he purposes and activities au�liorized by this resolution, Section 3. Officers and Meetin�s, 3.01. The EDA shall elect a pxesident, vice president, �rea�urer, assistanfi treasurer, and secretary annua�ly. A commissioner must not serve as president and vice president at the same ti�ne. The other oifices may be held by the same commissioner. The other offices of ihe secretary and a�sistant treasurer need not be held by a co�tunissioner. 3.02. The EDA sha11 adopt rules and procedures not inconsistent with the pro�isions of this Enabling Resolu�ion or as provided in Minnesota Statutes, Secnon 469.096, and as may be necessary for the proper execu�ion and conduct of its bu�iness. The EDA shall adapt bylaws and rules to gavern its procedures and %r the transaction of its business and sha11 keep a record af attendance a� its meetings and/or resolutions, iransactions, findings, and determinations showing the vote of each cominissioner on each question requiring a vote, or if absent or abstaining from voting, indicating such fact. The records of the EDA shali be a public record, except for those items classified by law as nonpublic data. 3.03. The EDA shall meet at least quarterly. Special meetings may be called by the president as needed. 3.4�. All adzninistrative procedures, including contract for services, purchases of supplies, and financial transactions and duties shall be autlined in the bylaws of the EDA. Section 4. Staff. 4.01. The City Administrator, ox any otl�er pezson designated in writing by the City Administrator and approved by a majority of tha EDA commissioners, shall be designated as Executive Directar of the EDA. 4.02. Subject to limits set by the appropriations or other funds made available, tha EDA may ernploy such staff, technicians, and experts as may be deemed proper, and may incur such other expenses as may be necessary and proper for the conduct of its affairs, Seciian 5. Functions, Powers, and Duties. 5.01. Except as specifically iimiited by the provisions of Section 6 of this Enabling Resolu#ian, the EDA shall hava t�e autharity granted it pursuant to the EDA Act. 5.02. The EDA shall manage the C�eater Monticello Enterprise Fund (the "Fund") the pwpose of which is to encourage economic de�elopment by making loans to pri�ate businesses. The EDA shall make loans to eligible businesses, and suc� loan(s) shall serve a public purpo�e as defin.ed in the Greater Monticello Enterprise Fund Guidelines (Fund Guidelines). The Fund Guidelines are hereby adopted by reference and included in the bylar�vs of the EDA. No changes to t�ie firnd Guidelines sha11 be made without approval of the City Council. S.Q3. The EDA may be a iimited partner in a partnership whose purpose is consistent with the EDA's purpose. 5.0�4. The EDA may issue general obligation bonds and revenue bonds �vhen authorized by the City Council and pledge as security for the bonds the fuil faith, credit, and resources of the City ar such revenues as may be generated by projects undertaken by the EDA. 5.05. The EDA may cooperate wifh or act as agent for the federal or state go�ernment or a state public body, or an agency or instrumentality of a government or other public body to carry out the po�vers granted it by the EDA Act or any other related federal, state, or local law in the area of economic development district improvement. 5.06. The EDA may annua�ly deveiop and present an economic development strategy and present it ta the City Council for consideration and appro�ral. 5,07, The EDA may join an off'icial, industrial, commercial, ar trade association ox other organization concerned with such purposes, hold reception of officials who may contributa to advancing the Ciiy and its economic developmeni, and carry out other appropriate public relations activities to promote the city and its econornic development. 5.08, The EDA may perform such oiher duties which may be lawfully assigned io it by the City. All city employees shall, upon request and within a reasonable time, fiu�nish the EDA ar its employees or agents such a�ailable records or information as may be required in its work. The EDA or its employees or agents may, in the per%rmance o� afficial duties, enter upon lan.ds and make examinations or sutveys in the same manner as ather authorized City agents or employees and shall have suc� other powers as are required far the performance of officia� functions in carrying aut the purposes of this resolution. Section G. Limitatians of Power. 6.01. The following limits apply to the EDA and its operatian: {a) Tk�e sale of bonds or other obligations of the EDA must be approved by the City Council. {b) The EDA must follow the budget procass for City departments in accordance rrdith City policies, ardinances, and resolutions and the City charter. (c} Development and redevelopment actions of fil�e EDA must be in conformity to the City comprehensive plan and official contrals implamenting ihe comprehensi�ve plan. (d) The EDA must submit its plans �or developm�nt and redevelopment to the City Council for approvai in accordance with City planning procedures and laws. {e) Except when previously pledged by the EDA, the City Council may, by reso�utaon, require the EDA to transfer any portion oi tlae reserves generated by activities of the EDA t�at the Ciiy Council deterrnines are not necessary for the successful operation of the EDA to the debt service funds of the city to be used solely to reduce tax le�ies for bonded indebtedness oFthe City. (� The administrative structure and management practices and policies af the EDA musi be ap�ro�ed by the City Council. (g) The EDA shall submit all planned acti�ities for influencing ihe action of any other gavernrnental ager�cy, subdivision, or body to the City Council for approval. 6.02. The EDA may exarcise all th� powers under the EDA Act, including, but not limited to, the following: (a) a11 powers under the HRA Act. (b) all powers of a city undar Minnesoia Statutes, Section 469.124 to 469.134. (c) all powers and duties of a xedevelopmen� agency under Minnesota Statutes, Sections 469.152 to 469.165 for a purpose in the IIR.A Act or the EDA Act, and a11 powers and duties in the HRA Act and the EDA Act for a purposa in Minnesota Statutes, Sections 469,152 to 4G9.165. {d) the authority to acquire property, exercise tha right of eminent domain; ma.ke contracts for the purpose of redevelopment and economic developmant; serve as a limited partnex in a partriership whose purpose is consistent with the EDA's purpose; buy supplies and materials needed to carry out development within the EDA Act; and operate and maintain public parking facilities. (e) the authority to issue bonds in accordance with the EDA Act and the HRA Acf. (f} fhe authority io levy speciai benefit ta�ces in accordance with Section 469A33, subdivision b of the HRA Act in order to pay or firiance public rede�elapment costs (as defined in the IIRA Act), subject to a�pro�ral by the City Council in accordance with Section 469.033, subdivision 6. (g) all powers under Minnesota Statutes, Sections 469.474 to 469.179. 6.03. As provided in the EDA Act, it is the intention of the City Council that nothing in this resolutian nor any activities af the EDA are to be construed to impair the obligations of the City or HR.A under any of their contracts or to affect in any de�rimental manner the rights and privileges of a holder of a bond or oiher obligation hereto�ore issued by th� City, the EDA or the HRA. Section 7. Implementation. 7.01. The City Council will from time to time and at the appropriate time adopt such ordinances and resolutions as are required and permitted by the EDA Act to give full effect to this resolution. 7.02. The Mayor, the City Administrator, and other appropriate City officia�s are authorized and directed to take the actions and execuie and deliver the documents necessary to gi�re full effecf to this resolution. 7.03. Nathing in this resolution is intended to pre�ent the City from modiiying this Enabling Re�oluiion to impose new ar different lizanitations on the EDA as authorized by the EDA Act. AD4PTED BYthe City Council of the City of Monticello on thzs 25th day of March, 2013. CITY OF MONTICELLO ��_ Clint Herbst, Mayor ATTEST: r/ ��/�.� Je � ' 11, City Adminis�rator EDA Agenda: 8/14/19 4d. Consideration of approvin� pavment of bills (JT) A. REFERENCE AND BACKGROUND: Accounts Payable summary statements listing bills submitted during the previous month are included for review. B. ALTERNATIVE ACTIONS: Motion to approve payment of bills through July, 2019. 2. Motion to approve payment of bills through July, 2019 with changes as directed by the EDA. C. STAFF RECOMMENDATION: Staff recommends approval of Alternative #1. D. SUPPORTING DATA: A. Accounts Payable Summary Statements L �r�. C � �� o I � � I � o I c � I � a I a a ..'7 ..'7 ..'� ..'7 O ..'7 O O �� ..'7 ..'7 ..'� N N N � � � � � � � � O O O O O O O O N N N j N j N C N j N � N a` a` a` m a` m a` m a` m a� v'i a` 0 0 0 ,fl o �-, o �.- o �, o � o � � � � � � � � � � � rt � 0 0 0 � o � o � o � o � o Ca Ca a Ca C] •w �+�,� a : �w �+�. a, �� :y �i :C < :y � � � o `� � c o 0 N � � � �, � � � � � � ;� � U � � � � � � y ° � � � a o� � a � a � � a � y o °" � o � .c � � � � � � �; a a a �-�-' U Q y 7 7 r y � � � � L .o o CG � � � �� n � � � � Q w c � � O �? 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O O O O O O a a a a a a � > � � > � v v v v v � � � 0 0 � o 0 0 0 0 0 0 O � ,� O � � � � � � F H F F H 00 W o� 00 W O ..'J ..'J O ..'J N N N N N U z � x w � � a m :� 0. � J W O O �„ � � � � cn N O O �„ � a � � m N O O �, ; � 0 � � c+� N U z � x w � � a m :� 0. � J W O O �„ � � � � cn N O O �„ � a m, � � m N � CL N M � � N M O r O L". � 'J J J � r p i. 0 J � � F-� � City of Allanticello May 31, 2019 MN19Q�Ofl159 Page� 2 K�nr�edy $� �ra�ren, �hartered 20� South Sixth Str�ei, Suite 47� NEinneapolis, M�I 5�40� B�oek 52 Redevefc�pment Thrc]ugh May31, 2019 For lill Legal Servic�s As Fallows: 513i}f2a19 MNI Phc�r�e canversati�n with J Thares regarding need f�r P�DA fnr Block 52 develo�rn�nt prvject; �egir� drafit. Tcstal S�neices Haurs �lmaunt o_�o �o.oa $ 68.00 To#al 5err�ices and Qisburserr�en#s: � �� '� �� , �,, �p19 ��. J��`� 60.40 Julie Cheney From: Jim Thares Sent: Tuesday, June 25, 2019 12:44 PM To: Julie Cheney Subject: RE: Kennedy & Graven (3) Julie, these invoices are all okay. Please see coding below. From: Julie Cheney <Julie.Cheney@ci.monticello.mn.us> Sent: Tuesday, June 25, 2019 11:51 AM To: Jim Thares <Jim.Thares@ci.monticello.mn.us> Subject: Kennedy & Graven (3) Jim Attached are the following invoices from Kennedy & Graven: MN190-00101— General EDA - $160.00 213-46301-430400 MN190-00159 — Black 52 Redevelopment -$60.00 213-46301-430400 MN325-00040 — Business Fa�ade Grant Program -$500.00 213-46301-430400 Okay to pay? Please provide coding. Tha n ks, ,Tulie Cheney Finance Assistant City of Monticello 763-271-3205 Julie.CheneyC�ci.monticel lo.mn.us AP@ci.monticel lo.mn.us ('7TY tDF �� 1�� EmQil correspondence to and from the City of Monticello government offices is subject to the Minnesota Government Data PrQctices Act and may be disclosed to third parties. i Page I�Cennedy 8� Gra�ren, Chartered 2Q{3 SUuth Sixth S#eeet. 5uit� 470 Minneapalis, MN 554[}� CFty o# M�ntic�lla Nlay 31, 2019 Mt�19�-4�10� General EaA Matters Thraugh May 31 , 2f}19 For All Legal Servic�s As Follflws= �� , � � JU�! � ? 20�9 � �� 51�3f2019 MNl Manthly f�nance call witi� EDA an�# �ityr staff, fVorthl�n�d Tvtaf Services= Hours Amount 0.8� 160.Oa � � sa.a� Total Serrrices and Disbursements: $ 160.00 Julie Cheney From: Jim Thares Sent: Tuesday, June 25, 2019 12:44 PM To: Julie Cheney Subject: RE: Kennedy & Graven (3) Julie, these invoices are all okay. Please see coding below. From: Julie Cheney <Julie.Cheney@ci.monticello.mn.us> Sent: Tuesday, June 25, 2019 11:51 AM To: Jim Thares <Jim.Thares@ci.monticello.mn.us> Subject: Kennedy & Graven (3) Jim Attached are the following invoices from Kennedy & Graven: MN190-00101— General EDA - $160.00 213-46301-430400 MN190-00159 — Black 52 Redevelopment -$60.00 213-46301-430400 MN325-00040 — Business Fa�ade Grant Program -$500.00 213-46301-430400 Okay to pay? Please provide coding. Tha n ks, ,Tulie Cheney Finance Assistant City of Monticello 763-271-3205 Julie.CheneyC�ci.monticel lo.mn.us AP@ci.monticel lo.mn.us ('7TY tDF �� 1�� EmQil correspondence to and from the City of Monticello government offices is subject to the Minnesota Government Data PrQctices Act and may be disclosed to third parties. i Monti�ello �DA May 31, 2�19 Page: 1 I��nnedy & �r�►�en, Chartered 2CJ� Sau#h Sixth Street, Suite 47p Minnea�olis, MN 55402 � � � �� g j�� ' MN3��-O(�44D B�sines� Facatie C�rant Pro�r�m ��1'1 �' 1. T��ugh May 31, 2�19 For All L�gaf S�nrice� r'�s Follaws: Hours 5123f��19 MI�! Draft ��A resolutipn ��proving Cornerstone #aca�e 4.8a irn�raver�nec�t grant; rewiew business �uhsidy a�t language regarding job and wag� goals 5123f2D19 M�II Research rules far reporting af �ssistance be#ween S��K 0_�0 and $150K to a�ED 5I2812a19 MWI Phone conversation wifh A 5�hum�nn regarding gr�nt 1_0� a�r�;ement and guidefines c{uestiorrs; rev�se agreernent p�i d�sCus�iQn. �Q#al Service�: Amaunt �sa_aa 1 �O.OU 204.fJ4 � �oa.ao Tatal Services and Disbursements: $ SQ�,(10 Julie Cheney From: Jim Thares Sent: Tuesday, June 25, 2019 12:44 PM To: Julie Cheney Subject: RE: Kennedy & Graven (3) Julie, these invoices are all okay. Please see coding below. From: Julie Cheney <Julie.Cheney@ci.monticello.mn.us> Sent: Tuesday, June 25, 2019 11:51 AM To: Jim Thares <Jim.Thares@ci.monticello.mn.us> Subject: Kennedy & Graven (3) Jim Attached are the following invoices from Kennedy & Graven: MN190-00101— General EDA - $160.00 213-46301-430400 MN190-00159 — Black 52 Redevelopment -$60.00 213-46301-430400 MN325-00040 — Business Fa�ade Grant Program -$500.00 213-46301-430400 Okay to pay? Please provide coding. Tha n ks, ,Tulie Cheney Finance Assistant City of Monticello 763-271-3205 Julie.CheneyC�ci.monticel lo.mn.us AP@ci.monticel lo.mn.us ('7TY tDF �� 1�� EmQil correspondence to and from the City of Monticello government offices is subject to the Minnesota Government Data PrQctices Act and may be disclosed to third parties. i �n' :�:i r�i� !,'di r,,.. 5UIIt ;iL}U MIMNCk€°t}LFS, M�l ?5416 ��t� �f r,n�r,t��eiio Ailn= Wa�ne �ber�, Finance D�r�ct�r 5U� UValnut �treek, ��+it� 1 Mdntic�llo_ h�1�1 5�3fi2-8831 �� `, }Y ,�� 19 '' � ' , rt � in� F � ' ' ��i .4 _ — �y �t� June�6, 2079 Rrs�j�e�t�lrxvoe��; Review�tl by: Pmject Mana�er: �{?1� Ecanc�mic �e+relopm�nl Services �i#y �#aff F�e��iewer - Jirn Tf��re� Ac�k # � 13.4�i301.�31990 �'r�fessionsl ��r-vic�5 fram May 1. �019 ta fkA�y �7, 2{�19 � �ha�� 71 2�1� Econvmic L�e�+el�a�ment ��r�i�es Monthly k�etainer F�� Tcstal �ee P�r�errt ��amplete 6illings t� [}at� 9,f1�[l.C}6 �� F2-013��-t1�0 - 5 Bret VVeiss J�rraes �romberg 41,6��7 �otai Earned �,ZSD.�p Pr�vivus F�e Billing �,f}�lU �0 �urrenR Fe� Bilfin�g 7�€].Qp Tc�tal Fee 7��3.00 r�t�� sn�s T�� .c�o Tcatal khis Ph�� T5�.�0 Curr�nt Prior F�e 75�1A� 3,�JQt�.(1�} ��bdr �l.�li� 865�54 fi�ials iSQ.�dti 3,sB�-5L� T�tal #his In►raice �7�0_�00 �� . Tnt$I �,75Q.0�} �65, �0 4, 615.50 Request Date; � � � ' � � Check to: Harry T. Lanto 907 2�a Ave S B�uffalo, MN 55313 M�etings Warked: CHECK REQUEST C�eck Amount Vendor #: � �-�-�-� . c�� Meetir�g Date Time Amount Due Planning Commission � � y.� , i � �. ,'� �'j c� �,� City Cauncil �. � Q ' l G� �� EDA �v • { �r ' � � � � �� City Counci� � , � f � � q ,� � � �� 'T "I Total Due: ��"'T� Planning CommiSsion EDA: City Council: 10�.41910.41990 213.46301.431990 101.41110.431990 � �( a � �� 6� f Autharized 8y: Date: � ' � ` � � TIME SHEET ATiACHED City of MonticeElo Upda#ed October 2018 A � CITY OF �� Montice�la TIMESHEET NAME: HA#�RY tANTO �OSIT[Qf�: PUBLIC MEETING RECORDER - CONTRACT DATE TIME IN � ._. _. _ ,_ � � �l`� r � _�: P ___ � , � � .- � ' �l �� I l �i �� ,� �,� ��-_-- , �I v�ll�� HOURS TIME OUT MEETING �s�s�� .� � P G _____�� __�. ;__ - F� : �� _� � � ' �� , �; � �'��l � �� `'� ' � � 1= ..,� _.. _ �._- -- -- -- -._.� � �.�.- �-- -- ; g� ' }� �� -�-� �'f - - --��I � � � � � � r � � � MEETING PAYMENT: $60 FOR FIRST 3 HOURS $10 P�R HOUR FOR EVERY HOUR AFTER MEETING �ECOf�f�ER: HARRY LAf��D---__ SfGNATU RE: DATE: TI Z � _ , i AUTHORIZED BY: DATE: � - �} ' Ip} P��l��r�, I�� :��?,�,� 'ur�i:� F[�plds Bh�d, �o�n Rap�d�, �+iCJ 55�;.33 .��L�€S55 �:a5'f�::�G� Jr's'�Ni.��:�iu'J �'LEASE �CiEt�. @C-x iF A�-uK'tvS �:;Hx�.�{�uk:; b INdI�:FT�= NE'V�'rxC}DfiE�S p8��' # 1 Inv�ai�e [Jat� �; �?i 20+ 9 �nvaice Number Ad Numb�r � 065�67 551674 Terms Net 30 �heck Numher Annount �`�id ��TY C]F 1�1{�NTI�ELL� � f�TTRI A��C�IJNiS PAYABLE 505 �r'tilALNUT ��" �T� 1 MC�CWTICELLO. MI� 5�36� Account # ��9�oa 5��0 �s A�C�UFIT I+ML�Irl16ER STlIRT i7AT� �T�1P C1ATE EbITIAN DATE a4CC{7UhIT F�EPRE�ENTATII�E 42�2U� {}5,'27f1� �76r2'�1y ��2';�U'9 l41�+nfit��IG L��IS 7�3-691-�Q'G1 �� ale�s= -arum khe uF3er ;�e��r�n ex Ut au�,�i 3��sr�i�r� T�.� C�xy C; €. 8r I C3i 9. `"° p3�� r�a �:; :' li :;'a'�4 r,• �:S-��_:i PUBLICATI�ON � aATE Ad# �LAS� �� i]+ESIC#i9PTIQFYPA� LIh1E TYPE � �iZE LlTY1 I . Tlh��S 1�lcntic�llo Times ��v�6+�??2L]19 � ��167a �'�5 2G1$ Anrrual di�cl�sure Sta�erne L� 6 0 X 3.15 1 � � � � V � � ,� L' .. , `��19 7CJ� 5F57 1lMi�UNT 35� � d Net Atm�unt 35D ?4 �hipping 0 UL� T� Ct G4 ,4mount �u� ;�50 74 �� '�� I � � � ,1�� 30 charge a�se�sea� �r r�eturnea� c�r�ecks, � Re ori err�rs witf�fn 5��ys to ensur� carast<ieraf��n, i ;- - . - . ��.,�;:,�� 1r�p�id bala�c�s over3{? days �a�st d�re v�r�lirrcur� ?.�°� . �_� �I,...:.: •. i��_. � " _ - ` - _ , r� ve� � �n�nce cY��rg� per mr�r�th �Mrni�rrurrr .50 per rr�arr[frJ, � � �1��1A'4�'IT C�F P[�BLICATI(�1� S7`,�"iF� r�F r�irrvr�; ��c]T�► � �� 4L'I+1TY (?� WF�ICxE�T Flise Sireekex �ieing r�u]y sworn €an an taatla, �tat�s c�r �f�irr�s� �h�i h�Jsh� i� the P`ubli:�hcr's D��i��ted �4�,e�t t,f [he ricu�sp�per{�} kns�wn as� Maniic.�llo Tiffi�s +�°ith tk�e knawn �f�'ice of rssu� 1�eir� ]�e�t�� ia tb� �c�unty t��: V4'� I��i��- with zdditi�rr�;�� c.irculatinn in Ch� ��unCi�s of: SH E�1� li [� 1� N�_: �itd has full t�nnta�l�dge t�f the �a��s sta[�d t�ln�.�e (�j The neu-�peper ha� cr�m�lierd w�it� a9] pf the rcquircrncnts co�nstitutin� qua]iFic,�- tia❑ r�s a uu�lii�i�d ncvc�spdp�r ds pro�.�idcd �y �+iimn, Si�l. �331 'AA2_ {8) T}i,�s Fu�l�4, N[r[sce w'tts p�s�cl €�n�l pti4b- 1��5}�� irr s�id rs�v��s��r�[5j onLe ea�h �w'eek, for 1 SUGCt:35i�°� +��k(s); the f�rsl 1ilS�PtiCt[7 �}�fili? {1ri �)��t}l�'rlfl4� ��1� 1�5� i€�s�rtion �cing r,n OGJ27i?015�_ Th�t�1�TG.�+►GE €�1Z�ECL�SURE �'O�TICES Pursuant to ��Iirmesnta �kat. �580.033 rclaling ic� tkac: publicaCic�n c�r r�c�r[ga�� 1�oe�c�lc��urc no[i��.�, Th� new�paper �c�rnplie� w•ith Sk�� rtditic�rts c1��r�k�� i�a �;'��i),{��3, sub�i. t, cCause {Sy c�r i�j. If �h� r��x•s�a�er's ki�(�wn �F�ice af i�sue i�, lc?��ted in a c{7Urtit�� adjaining the ccrunt}� v��here th� �-inetgage�d pr�miscs c�r aoonc p�et �f �hc mortgdg�d prcrnises describcr� 9n thc n�ticc �rc lorx�cd, a suL�at�e�Sial purtion ul ih,e n�u��p;�prr5 �ir�u6:ui�r, is iia t�,e ]�tt�r c�u�st,, __ � � r---.�� g3�': � Dexig:,ate�i A�,:nt 5ubs�ribcd �nd sw�orn lo c�r �iTirrn�d bcft�re me �,n ��h�`��(�{119 bv L•lisc iir�:ck�r� J �� 'w1�.�-�,--+� � �'��-f�--r� �f�4;uy F'�ul+�ic "''��<. DA��EI�� AfAI�CE MfAC'PM�C�4Ff .+ ��'° hlotary Ptrib�fc '� ` � �innesota „"',,� :�ti�',��sJanuar�3! �� Iiat� �nfarrn�rian_ (I) �t2w��5[ elauifie<i rale pai�E bti• �umm�rt:ia] u.s`e:s for c�ttt�pztr�bl� xpa�.e- � 18.54 per colu�in �nch t'�d I�'�5I67� �- a �r v� �� M �- �� x� s� �� K � � � � � . C fi .� � Q � � � 4: � �. .0 � € } � '� ei w �� - �� it �, � L a C � 'G � p � � £ U 7i � � � � � � � — $ c G � c � m i} � � 7 Y C] � � � x C o i � rt �� =n �� ,� �"_� _ ,� �2} iID m 4. �Y .^] �F s "' C � f+ 'Q j � p � K�� ` �� `� � � � � ia � � � � �` = � �� .v _ � c � � � } (, C � .�Y C � � � � �' V � � �_ x � �!� � � � cs�.� c� �e� � � � � m �!�'�� C °1 — u — u � � � � c � � � � � � � � � .:R� � � _'� M te x��.5 �'� ��g �" c �` �v L — � m a F � � ❑ c_� G=s ��x eP. "i L +�+ P � �� c �' i � Q' F � G � � L 3- N e-� Q � �� i�� r� .� .� � Julie Cheney From: Sarah Rathlisberger Sent: Tuesday, July 2, 2019 132 PM To: Julie Cheney Subject: FW: ECM $350.74 TIF districts 1-19, 22, 24, 29, 30, 34, 39 -$39 each to -435100 EDA general - $77J4 Thank you! Sarah Rathlisberger, CPFO Finance Manager City of Monticello, MN Tel: 763-271-3201 Fax: 763-295-44Q4 NOTE: The contents of this E-mail may contain information that is legally privileged and/or confidential to the named recipient. This information is not to be used by any other persan and/or organization. The views expressed in this document do not necessarily reflect those of the City of Monticello. Email correspondence to and from City of Monticello government offices is subject to the Minnesota Government Data Practices and may be disclosed to third parties. From: Wayne Oberg <Wayne.Oberg@ci.monticello.mn.us> Sent: Monday, July 1, 2019 1:54 PM To: Julie Cheney <Julie.Cheney@ci.monticello.mn.us> Cc: Sarah Rathlisberger <Sarah.Rathlisberger@ci.monticello.mn.us> Subject: RE: ECM $350.74 Okay. Split within TIF districts—somewhat similar to last year except for decertified districts. From: Julie Cheney <Julie.Chenev@ci.monticello.mn.us> Sent: Monday, July 1, 2019 1:41 PM To: Wayne Oberg <Wavne.Ober�@ci.monticello.mn.us> Subject: ECM $350.74 Wayne Attached is Inv# 706567 from ECM for the 2018 Annual Disclosure Statements ad. Okay to pay $350.74? Please provide coding. 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L]-� w U z � w h � � � z v W z w � � C� W z U � � w F" 0 a '� w w O x x � x x a � Q W J J � Z O � � W .a O O �n �„ � � �� a a N N � � � � � � � � N N c 0 .� �i J � y A N y b1J :C � � O N r r O L". � 'J J J � h � S: ', J � L7 :G H � iV��r„hland Se�u�'�9::a�s, Ir,€ 154 5€�uth FiP�k; Street �uit� 33�0 �1�.rnea:,e�is, �1� 554�2 ��tis�`; �''�yl��: 6 12 -8 51- 5 9� �� '�\: �'-�-3�1-�35`� �ol�l T«; �ity� c�: hlonti�ell� Jim Tkl�.res. Ecc�rcrr�e I��r Dir S57S iiT�lrut. �t*'��G, $uite 1 M�nticell�� M[7 :536� �� SECk1f�a1'IES �� ii • ��'� � , .. ., Y � C`u�li,ni�:j- E'(} �-- 1'��i�1�r�t T�emti ---- _��ll�s Id�� I[� a��e:k v2 Fl_Z =Y-='Y i h��r:f �� _`}�� f - - f)��ri�rlic�� Fc�k �ervices r�l� � -, F:.arr�i�r f{�•r h�lt;;:.k 5�. New Fte3�rr�l�ment '�=r� �i��iC�,. F��a.,�e see �nil�s�d det.�il. C: he�k �t>: I��F�ic� I]�w'c.}ice 1�±Urt�1�eC: �+75 1 In��ni�e D�ie: i j IiQ �'t9�"L"; 1 []uc I�t�l�. gf'�,'1� ,� r�li�4t�1[ �i1G.�5 �i1�TlS.�i� � S 1� � 2 S �ales �I�ax �f��t.'�] Ie�o�,ic�; ;1�mc�unt --�.�5 I'a��tn�nt Ri:�.�i��e�i "I'(�7',� 1. hl�ain f7�+-��-.�7�� I l�i:l:�l ri't:��7�4-f+71-��} I I'ax:!J��-�}]�e-:?�;}�^�i 7�4� �aut� ]°ifkka Str�er, �uite 330�} � l�iinnea}}olis, 's�S'ti .��+i9? �;crrFh[a�1�-��*t Uri�i� s.l c�rn .�ira�rfx r F'lii92rS aad :ilPC, �rgrsf� rreci Tt�rUr �Ei� �e,rat ,49tiRiP �� USLFf� FIi��CE [hl�'[liC'E SCJPPLF1rr1E\T Client: C'ift� �+C ,'�'lirnti�:t ],a� Prn�e��: r'l�nnir�� Fc�r F314sck ;i, \l�tia- f�4c�e} efc�}��rr�nt Tlh� Distriri �ont��ck: Jim T]�are�� E�nt�r��ni� L�et•e1�ti}�m�vit l�7ana�,er �i�+�' iit �°]c�nticeElc� .5[�:5 ��'alnut Slr��e# �u�te 1 ��sntieelln,'vTN a53b� �iilling 1'eri�d� Jearsc ?�t7� Ser�i€es P�rform�ed � f"r�paee iaa is��-r��rnerrt ��7d r�aS�l ��tat�e tax ��i rr�:34�{ L?�.s�°cj �a�� c3ifiere�7i �i �`rrarit�s ftrr i;t �'t lt��rtl�trt 1 Staf� T�ime C.xpensc� �atal Thi� Peri�d �a��iRi��n �a^niipr E,1�41�{'4SL{7f1t;I ['rc, f� �sy t7 n;3 z �sa�pt,rt T�7f�� :�t:ttf Project ,�'iummar�� T�-�tal iiud�et" Ra11ed Thi� f�'eri��r� I�illed Prev�{�u� B��d�e[ I��:m�inin�` '��# a�� lacryirr�y ��as�s �alrr��na�� 1u ra,�r��ai;>�it �tinrth1�a��1 4�curi#ie�, It�e, ]-E�i�or;� ]��C�z f3il].�bl� �.�.; �j�i,ri �`��?_�� - 51�5 �{}.tJ(} - Sll.% �11.�i[1 i "` . �.°, �� ] P; ? � �476,�5 f'�ge 2 nf � Julie Cheney From: Jim Thares Sent: Tuesday, July 16, 2019 10:14 AM To: Julie Cheney Subject: RE: Northland $41625 Hi Julie, this invoice is okay. Please code to: 213-46301-431990. From: Julie Cheney <Julie.Cheney@ci.monticello.mn.us> Sent: Monday, July 15, 2019 1:3D PM To: Jim Thares <Jim.Thares@ci.monticello.mn.us> Subject: Northland $416.25 Jim Attached is Inv# 5737 from Northland Securities. Okay to pay $416.25? Please provide coding. (Please respond by end of day Tuesday 7/16 so it can be included in our check run Wednesday as there are three weeks until the next council meeting.} _IuCie C(�eney Finance Assistant City of Monticella 763-271-3205 Julie.CheneyC�ci.monticel lo.mn.us APC�ci.monticel lo.mn.us t'1TY C!F e :��, ��1�I��.� Emnil correspondence to nnd from the City of Monticello government offices is subject to the Minnesota Government Dntn Prnctices Act and may be disclosed to third parties. i .. � �� ` �w; J�li+� �hene}r � fr�rn: Eul�se�e Pr�pert�+ M,�nagemer�t & Realty �rrj�il,�arn�n��ebuolding,cam> Sent: �rida�, J�Gy 1�, �Q79 3:�5 A�v1 Ta� AP SubJe�#: �eas� st�atemen# fc�r �r�,ad�vay P�rki�g Ea�ement - C�tvlME�t�IAL - 2�� f 7f1 �I��19 � E�ulls�ye Prc�pert}r Manage��iit � R�alty ]'L,CA�E T�C�7'I:: L�C) n�_�T T�E}'L'�F Tt� THCS f_M��IL, :�[�i�F��-:�w �Iliis t.inail mcs�� ti� as ,inC 1'rt3in � rss�tilira�inir-��anniti ciii�ir�;w +,I�� 4a�nn��4 at�epl in�.omin_�; �m,�itl_ L��s� s��tem��t �� ` 711 �1�.� � 9 �it�r of �vl�erticells� ��n�r�i� D�velc�pm�nt �1�th��it�r �� Lake �t �u�ite 5�7(] �ic� L�f�e, Nl�[ �5��]� Dat� tti11 e m � F�r��r bal�flce P��ment �ca�nmvn Area Maintenance Payrr��nt �ar�mor� Area N1ain#�enance F'ayment �om�-n�n ,�r�a Ma�ntenanc� �c�mm�n Are� i�'lair�ter�an� c� A�count #- ��4��14 B�I�n�� ,0� ($1�1.60} 51�1,6(? R�lance due: $'127.6{? � � � . �--F��C� � , _ ; �� ; `=� �j I'a}in€�.ni is �ue i]n tS1e't�sih c�i� the mc��ilh_ �f J��m�r�t is�'t �`�s�i��ed. �[�r�e-t�tnc fe� e�t�u�l to� I.5°to �f t�u�:;«n�in� htil�rti;�s }�ill l�� %har��:sJ �an 19�� 7t11 c�l�e�ch ��nlh_ [��an��e ��our ��e�u�tt �nlirie: t�tt�:�l�aulJs�r°c:��ru��.rtic�.r��n��t�uilcli��;.c��ra� 13u11se�Fe f'roper[!�� di�n��ctnc�rt �. I�calt�� 7�63_�5��-fi5�s6 �uilcl��n1 E��hull�ey�=31 l_c�nx i �f�l�t ��}�C�I ,�t�SOC. P��+-�S�]FC1Ll-�Q� OISCI'i�t �g P�y�nent t�: hAacha�¢ �yr, PQ B�x 1338, Monti�ell� '�If� ��r�6� �e��rip#ior�: TIF 1-2� pay �s yc�u gc� 1st �r �r��i 11� {�rigir��l Rrr��,unt �2Q 0�?C1.�0 2`�-4�5��165'11� Inter�sk R�[� 7 �5�°I Paym�nks �ornm�nc� �f110�t �ndir�g on L�t�er Th2�r� 2171�C} �+,vailat�l� TIF 8d}.O�Q�I� Stake asse�sed fee No -��unty rerrjitt�f��e r�2�rr�s�nt� wht�le dis[ri�t D2rt� 7l�2�2Q�� 1l�D��QO� i; 21 �2Q05 1r'1 �l2606 7r�(}l2CiiJ� 1�1��J�' 7,�1 �d2LQ� 71�8(�4�1$ �d�i240S 1l1f2�C09 $17JZ�JQ9 �r�f�� S��l201 � 111?�Q 11 ,�� °� r�a 71 1Frt12�i�2 8I�12C��2 1�1�2�93 8+ 112f� 13 111?2(�1�4 8f1J�01� 1l112095 �f 1 ?201 � 711 �2[l16 811;'201� 911l�011 $J1d�077 fi�f1J201� 8?1+2D18 1J1�21�� InCrem�E n� F�e�e�ve� 1 �3.9A��.00 1�,39Q.3� �a,a�o.s� 7 3,{}81.79 1 �,C�81 7�1 1�,�}��3 �1 7�,��. $$ 71,13� J4 1�,�Q� 74 8,98� 9� 8,982 9� i 0,038.�� 1{),��1 16 11,�06 13 9.67C� 4'� 1�,��2 8� 8,�58 73 1�.51�.�2 11.i2�.�6 1� �76.31 13. 2��. �7 Prin�ipal ��,11{l.D(l� ( 5,734. O�lg 1,05�.t}�7 (1, 362. iii] } 3.�6 � 4. £�0 �.��.4� � 240.�fJ 7.��.€}(J 3,fi29.(}0 7 �t�$.70 �.aa��.�7 �.272.a2 �, �24.21 3.4��.�7 �.755.�2 2.�47.94 �.214.51 3,��.75 fi99 �S 72� 04 1, 59fi.04 2, J87.7� 2,8�3 42 1,�37 26 �,89� 84 9�� ,C�4�3 �° �,�a� �1 4.6��. � � JA��V.4fL I nterest 3,86�.(}0 2, 3�O.CPO 8, 33�.4Ca �,932.�C� 8,34�.�0 �,��2.00 8,11'�.OQ 7,925 C]Q 7,�B7� �70 7,74{d,SQ �,a�� s� 7,296 1 D i,141 2� T,c�2� 7i �,895 8� 6,7�5.9� 6,��2.72 6,� 12.4� f 486.�7 6 46' . 3{} 6.43�. D� 6. 377,1 � 6.3C�1.4� 6,199. `14 6;143.4°� 6;[�0�.0� �,�6$.�� ,821.92 5,69Z.92 �I�iF �.Sii! 811;2p19 17.D1B.�B �,2�1.73 �,3414� 1l1r2G�20 14 []16.�0 6,1�"f.33 5,�41 �9 Tctal Pa � �rt �r�t (��3�.�?0� (3.3��.�}Oj 9. 384. �l � �.�7D.fJ0 11,��7,�JD 1Q,�pp �G `i�,��5 (l� 9, 377 �{� 71,501 C1�i 7 5, °15� 2{} 72,�12 �8 � 1,�68 51 �0,4ES.�3 ��,��.�� 9,�51 �i �,�43 9f� 8,9�7+� Z3 1 �,082.1 � 7, � 86. 34 7 ,186. 3�4 $,�31.{}6 8,464.�3 �,124.'�a 7 73�.39 1i] 04�.�5 �, 42fi�.98 1 Cl, I� °� �.46 �,3��.�� 1�;3�11.05 1�,6�1�,�Q 13,�r�3 1'�� 11,?�3�� B�I�r�C� Remaining �24, 71 Cl. OC� �29�.844. I��} 228 �J2.Dt} 23�.1 ��.�4 ��6. ��40.f10 ��3. ��.41U �18.F +2.�1i� �'1�.16Cl.�0 �1�,5�1.�� Z��,11 �.3� �a�,��.�s 1�6,�9� 17 1�3,�� 8� 1�0,23[�.2� 1 &7,47�.77 1 �4,626.82 182,�31 �.31 ��,94�'.�7 �78,24� �9 17,'r,517 85 'I°7�,9�1 $1 �73,834 0� 171,014.63 i��,473. �� i�5 57�3.53 1��1..��3�.6� 't6C1a�04.72 157, l]46,11 1 ��.�3 1 , ��.97 139;+�78.23 132.�(7�.3[7 � �� } �� `�� ub Pay-as-yo�-�o blal�n�e District ��. � P'aymer�t t�. B�F Rroperti�� (�u�� criptipn: TfF 7-�� 1 p�y �s y�,� g� 7st c�r 2n� 1�2 Qriginal Afnc�un; �(�D.LQ�1.00� lra��rest Rat� 7_5a0�J�+ Paymerrts �arn�m�nce 1 F9![�0 Ending np ��#�r ��n 2�1f2G Awa:la'�le TIF 9�Q f��!°r`a PID 15�.�17fi.Q07�}1�] State ass�sse� fee I n��: erraen# Dake I�eceived '11 �!� QijQ ��1�200�7 1 fl r2Q01 Sf`1I2007 'I f11�f�{�� +"1 �? 00� 1l7; 2L��J3 8�f1f�0173 'I J112 Q04 �111�00� �r�r��c�s 8f 1!2(}05 11`1��0�1� $(1 f2fl�� 1f1l��17 �l1r20�17 '1,`� �l�047 8 ��l��]+J� 1 �9�2�0� Sr 1 i26�] � 1 i1 !2C]"; 4 sr� ��a� � 1i1J�0?1 $! 1120 � 1 1i1;�CJi� 8�'I ;'�(] 1 � 1!1l2�D13 8? 1 +�413 1?1l201� 8!1l201� 1i1��1� $�1 J�01 a 111i�+J1fi 8?1?�(71G 1 �1 �2�i17 �r� r2o17 1r1r�018 ar7 �z�� a �r��o�s 2�.fr97 i�p 31.728."6 31. i Z8. ". 5 �� .�s 3�.��2 6� 28.�91.'�7 2 S. 4 �'4 . '17 2 � 338. 5'I �� 38.5�1 28 24i.3f� �$�A`i.3C 2�.��7.51 2�.�27.51 23.�a8.177 �3 ��.,�17 2�.1�i.�if� �2.12�.�fi 2C�.�62.35 2C�.462.35 ��.�ao.�z � �. �o.�z $J1l2+J19 21 54�.1 i 1?1J�+��D �154517 �J.003E firincip�l (�0� 8i�8.�1�} (1 �. r' 13.4]0�} (7. ��5.(l{�} {,B 939.O�U1 ��1 G19.OU} r21 �07.0C�} (2D,Q63.{]�} (2p.S1 �.�70} (2D.40i.0�) �2�.iss.00� (20.59�.C1�}} (2'I , 37'f .041 (2C�.�22.4D} (21.2�2.(l0} �2�,2��.00i} (�0,987.OD) �3,175.�1�7} (�6,295 t�L�} (31,�08. r C}} (32,�9�.25� (33,s��.��) (35.18B.C12j (3�,5�7.��:1 (37,$76,�Q;1 (39,296.97� 440, 77 C� 61 } +142,�9� 51 j (43,8�5.74 j {-0��a,531.4fij �47,�3B.S�� (��,01 �.�� SG,$48.2�) �5�,7�5.0�4) (5�,733.3�} (56,�`85 8�) (58,'�15 3�;� c�� , 7 za.�� ,�� {�,�,79�1.95} {�8,�6� 27:� Intetest 6,89� [�0 �, 7 �z. �o 12, a7� U(7 12,�7� pC �2 �Q �. Q�0 �,�6� 0�0 �,�6� D� �,7�� f�D s,�s�_�� ,7�aao �,11� �0 6,7�8 f�i� �. r 68 C��l $,637 DO �,63�.60 27,�2� Q[i 4,��7 f�0 6,055.�4 28,�5�.34 z�,s�� 28,8�9 4� ��,642.Q� z�,�az a� 2�,4Q4 �6 �6,40� fi� 25,�77.1� 25,417.17 26,3�4.7� �6,3L1�i 7� ��,9�� 26 20,9�2 �fi 1�,90�.31 19,9�9.�1 18,�7� 1Z 1 �,415 '12 h�,�a� a� 7�,�a� s� �9,�'�U �� 19,�9� �S5 � h 3-�fi 5 81-�6 511 �} Total Paym�nt � �7 � (2�,116. J�} (7,�21.��} 4,72� £lt� 4,�35 {l{; �21,O�J7.�J�} (27 ,�07.�[�} {'1�,5Q�I.�7C�} �18,2�3 0�} {16,6�4.0{}} { 17, 409. �] b) t;��,as�.��} {1�,2�3�JQ} {,13,75� 00) {14.�2A.(]D� {11,�84.�4) ('12,345.{]f � 24,p53 4l(} 4,2�7.3� 6,�55.3� 28,�5a.3� �s,��s a� 28, �29�. � 2 ��,64�.f15 2�,642.4?5 �6,4Q4 66 2�,4t14 6� �5,417.17 ��,4�7.77 26, 341A.7 5 26,�04 7� 2C�,�32 2�x �[�,��2 2�i 19,9�J.31 19,905.31 18,�1�.12 '18,�16.1� ��,sa�.�� ,�a�.�� _ _, s,�� s 19.�9� 65 E�als�c� R�rttl�irring �[7Q,440.00 5�0,808.�� 5�4,�21 D� �52,3� 04� �F��,�(�S.bC 5�1,�2d.00 603,33'I ,QO ��3,394 ��1 6�4,2�?9.C�Ll �s�,s�o.ao �S�i,77�.�0 �o�,�� aa 727,7�� C10 748,26� OJ 7fs9.5$0.0�1 75�,7�1.0� 810,7�x2.00 813,937 C10 8�Q,232.�]� 871,7�0.70 sa�,a�a �� 9�8,��7 14 973,535.1� 1,010,042.i� 1,�147,919 33 7.Q87,21� �fJ �,1�7,98f�.�1 1,1 i0, 286.42 11,�'1 �,172 16 1,�a9,7i�3 �� 1,��,��1� 50 �,35�,9�2.8� i,�4p6,8�}1.08 1,�&�i9,55�.1 � ro,��,�as.�� o��,�� ,�29,9�� ,��,� �, , .�� ,i��0,32' �8 7.888.58� 3� �� '�.�� .� �, ��°� L�ndr��rk �qu�r� P��e P�y-�s-y�u-�o blalance [?i�#ric#: �2. 5 Payment to. L�xrni H�t�l In� {fc�rrn�rly Masters Fifth A�+enue� Descri#rtior�: TIF 1�-��.5 payr as you �c 1st �,r �rrd 112 Orrgin�IP,rnount 1��,�mO�.�DQ 21�-4��8�-4�i��14 Interest Rat� 8.4Qf3°� Payments �Commen�e d�`1�0� Ending r.0 l,�t�r Th�� I1?23 Availabl� TIF JCi.00�°r6 PIQ 1��.p1I�.�73613�1 & ��.01+� �3��40 �t�te assessed fe� Q.Ofii3� Incr�rr,�n# T�tal Balanc� �ate R�:ceiv�d Pn�rci�al Intere�t Payrrti�nt R�m�ining 8+1?2C�03 0.�31� 185,L11�(i.��i 1,r1l2C�C14 O.J� 18�5,00�.�}0 8l1i2�0� 3,0�� 0 �,0��.{?� 1$S,�DQ00 1!1l�Of75 3,C1�4.'�Q 3,OS4.{30 1�a,�00.Q�C1 $�112�05 6,�� 0 6,393.�0 185,Q(�0.f}Q 1�1J2�0� 6.393.0� 6,393.t}C1 185,OQO.Ci(] Si1i�[505 �,B3p.�[] 6,83C1 fi0 155,i]�0 UCi 111l2007 �.830 O�C7 �,'��1.{}[l 18�,OOU.LO Sr'°li2[7CJ7 9L.Q� 7.40�7 �0 7,��.00 15�,�1�.00 1�2�12Qc�� '�� 0� 7.39� (}0 7,490 i�0 184,816 �4 8i1;20�� 5.10� Q0 �,,.Q5.�0 i�4,81� Cir� 119?�Q�9 6,332.{�0 �.�95 SO �,fi�� SL] 184,81�i OQ $?11�(]�J9 �,,3L4.�Q S.�x+�4 4i �,fa74 41 1�4,$1� DO 1;i1��190 �,304.�0 5,�r74.A1 �.674 4". 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N m N m N m o a r � r � r � ic `� O � O � O � O O Q � Q � R .y? .? o V� CC ',� .ro � e W o 0 0 v � 8 �n ;� _, cn cn � Q � c � � r� � .. � °� � � --� > N � '-,3, � C G y 0. bq � � � a� a ^ � � � � r � � � 'J O � � C :C � U � � � V �✓' �, � V ��,+ 'rC^ /a G a 0. � O Q .-1 � .�y � 0. F- U � U � � `1 � � Q Fq �- P� cn F rn � � 7 O M � 0 m � � N O N � � M � N 01 7 � M � � N I '��'caYdc,r �ate �f `Tr�n��ctic�n ��.�� ITY ()F h+1iD�VTICELLO City Hall C�rd Transa�#�vn F'lease �ttacFo the invoicef r�[�wy�t �anct any �7ther a�ai��ble docurnentation t� tFris f�rrn. T� b� �€�rnpl�tet� byr pur�[h�ser; Amount .� � � � .� Cire�e purchaser nart�e: Julie Ch�n�y Traey �r�en �u'icki L��rh�ff Ra��rel L�c�r�ard Jeff C]"Neill 1�Uayn� �ber� ��r�h Ft�thJiSber�er 1e�nrfer�c�r+�ib�er An�ela �c�umann 1acc�b �hunander � � Em !,['�ll�e Si�'r4� ur� �� Super�+,�qr iqrl �' � � �ate aaar e+d Spe�iai F�roject # or G�sGr��tivn � Circle dep�rtrr�€�nt cod�: C�ty C��n�il Admini�tr�ti€�n City �I�rk Fir�ance �lum�n Resr�ur�e5 Pl�n�ir�g �nd Zonir�� D�ta Pr�acessir�� [ity H�II EGo�o�i� D�vefopment �ircl� expen�e cnde: 4��9'�0 Gener�l C�per�ating�upplies 4319�p Newslett�r Seruices 43195C} Mi�cell�neou� Prpf Servi[es 4� e__ Posta��.� 331i�fJ - � Tr�vel/Training Expen� 4433C�C� Du�es h+�embers ip & ��,bscrip� 44�700 Lit�nses and P�rmit5 A�� Mi��. �[JJ#her ExpenSe Other � �3 � 3 U� ? �i �y � � ' � � Th�r��. JamQs 505 V4ralnut 5tr��t Suite 1 n1lc�nf c�IID. h�1hl �5362 Pn�t Dat� F�,��7,�G E;13i19 6r'73P19 6+74f19 x Canal P�rk �tcsdge {Sl'211} 25�0 ��n�� W�rk �r auluk�_ f�A�l ��8+�2 �218j 27�-fi0Q0 mf4� ��r�� lpa rk lpdg� . ca m ��eri�tis�n Fr;n��nl CIt:3r:�[- �,take T�x �ity ? �punty F�s� ViS� Paym��1 R�c��, �harge �� T.�54 �rty 11Cauniy T�x '�isa ��yrtl2nt ��arr��tle�lt �:i�d �F ares J.ames ?( 3e �f 3(X }� � 7CX}{}�;� �1� � � A��aun1; 14�35159 Dat�: �,"1�119 Ro�m 34�4 �r.r� Arriva! DaRes �l93119 De��r�ure �ate: fi?74?19 �h€�ck In Tim�: �?13l�9 A 24 F'd'VI GhE�k Clut Tir1"le: 6;14,'19 8:'�8 AM ��1h+�Fc�� ro�r�rY� ID: Y,�u v�e�e checked aut �y: rrtpaqu�ett You �twe�e GI1eCked rn by: mpaquet' �vtaa Bal�n�e Dua� U.[10 14114Qun� ��9.J�i 16 �49 1�.88 f��6�.78� FoFi� Sumr»ary IBii3119 - B�iA,�'1S LLJ.�J41 � �.�� 1�.89 l.260.7 8 j BaJ�n�e aUe: Q_�,� Debbie Davidson From: Sent: To: Subject: Attachments: City of Monticello, MN 505 Walnut St, Ste 1 Monticello, MN 55362 763.271.3228 8 AM to 4:30 PM Account Information Acco u nt: Name: Service Address: Service Period: Billing Date: Due Date: Meter Reading noreply@ merchanttransact.com Thursday, June 6, 2019 8:16 AM AP Your bill from City of Monticello, MN is ready. 6119WEBINSERTS.pdf Previous Reading Serial Date Reading Current Charges Water: Water: CITY WATER - NON-TXBL Water: ACH Credit - Auto Pay Water: E-Bill Credit Sewer: SEWER - COM/MONTHLY Sewer: SW DISCHRG FEE - COM MONTHLY 2% Total Current Charges: Bill Summary Previous Balance: Payments Received: Adjustments: Current Charges: * Total Amount Due by: 7/1/2019 * This was the amount due at the time of billing. 007256-007 MONTICELLO EDA (213-46301) 103 PINE ST 5/1/2019 to 5/31/2019 (31 days) 6/S/2019 7/1/2019 Current Reading Date Reading To view your amount due at the current time and make a payment click here. � Cons $0.00 $7.10 ($1.00) ($0.50) $9.00 $0.18 $14.78 $14.78 $14.78 $0.00 $14.78 $14.78 _ � � , �� l�ate of � � +�� "Tr�s.ac�i�n � ��r� �� c�rrr�c�� Gf��st �ar�l Tran�,a�ctir�n P#eas� attac#� the ir�v�icef receipt �nc� any �#�er availaksle d,�c��mer�#atac�n #c� th�s f#rrn. T�n be eompleted by �,rei�as�r: �Im�our�t � �� Cfr�cle purt�as�rname: �ebbie T}avidst�n �� urlie C`h�t��y ,� E'x�ens� Cade :r 1 r r y, � �" � � � �� , '`� �� . �'�„� � �i,� .�- °� �� . �� r�l � �'' �� . ��'�'� � ��r �; c�c� �� hl�onticellc� �hamb�r of Comm�r�� 2�nd In�du�try �+�5 Pii�e �tree# PO B�xx 19� f�l�ntic.�ll�,. MN 55�62 {�63j 295-�70Q � f�x� �763) �9�r-27C15 infc�rrsvnk=cello�.i cprn M��sicelf� �ity af A�caunCs P��+ak�l�e 5�5 W�ln�t Stre�C Su�[e #1 P�lpnticello. h,�N �53+�2 b�scti�#ion C�2rrit�er Lunch. M�±mber I n�rc�ic� In�+�ic�Ciat�; 5?2.f1� Ir�valce h�urn4aer: 53�� cco�r�t JL+: Terrr�s �M112t 1 �^ Quantity RaOe 1 $15+JG Suht�tal; Tax; Total: P�yrw�entJCredit Applied= B�lan�� Du� D�te 5�'1 �i1� Am�un# S 15 �Q �15,04 ��,�a St5_�p S�0_4C1 $15,00 �ulie Ch��n+e�r Fr�m: �irx� Tf7ares Sent: T�;ursday, 1un�e �{�, 2�11� �:09 PM ��= Ju�ie Cheney Subje�t: RE� Chamb�r �f Ct�mmerc� - May Lurich Hi Julie, Yes, this is okay t� p�y, �r�rri: Jul�e Cher�ey �Julie_Cheney��i,monticellt�.mn,�us� 5ent: Thursday, June �0. Z{�19 3;�i8 P'M To; Jim Thares �Jim.Thare��ci_monti�ell�s.mn.us� S�bjeet: Ch�frik��r Of �Cor�merce - M�y Lu�r�Fr J i r�1 f just r��eive� ifiis ir�vc,ice frr�rT� �h7� f��ay Chamk��r I��nch you atter��ie+d, (�Icay t� p�y $I5.�L1� �h�nks, .fdfi��' L�I�e'iPi'�{ �i+�an��e A��st�r�t �ity of Mc�nt+e�llo 7�a�-271-32Q5 ,T�ul ie,Ch�.r�e�°C��i�mc�:n#ieel I�,rrtri.us FtP�Ci_rr,orrt i�elJ�. mn.�s -, �� 4 � � �I 4 � ' _ --`-� l�Qi��l��ll� �� _ �rt�c�r� corr-,�s�orrci`�nce t�r �rpd fr��rt� the Crty o� ,+�+i�rrt��el�o �c�v�r��rrner�t of��ces fs sub�ect t� th� �V4irrrresat�a �overr�rr�+er�� ut�r �'r�ctr"e�s Aet �r�d �rcry b� di�c�os�d tc, �hrr�� pc�r�tres. Fr[rm: t�c:l��ii�� strat,: r 4�.�; ,.�� .,�wval�c.�.r��r�.u5 rna:It�:aJ;77irtii�trtatr�r��[i.irr��r�l��fsllowrnn_us] .. �_�.. Sent: il��rsd�y, June 20, 201� 3��3 PM TO: Juli� Ch�eney c:t,l ��:.t�i�:�;��°��:eri.rnc�,r�tir�:'llr� i�°� �s� Subject: Scan frt�rrr �ity vf M�nti��llo -�ity H�II -- N1�ntiGellv Ch�mb�r of Comm�r�e 2r�d Induskry 2i75 Pin� 5ti�et PG F3cx 1�2 M'lan�ice l�a, Mh� 553�� {; �3j �95-27�f} � Fax (76.�; 29�=27�5 if1f4��r1J�*olicellp�i Cpm �rfiont�cellc� C�ty of Acca�r�ts Payab!� �� W�Inut Sir�et Suite €#1 Monti�eir�, MN 55362 a�scription C:�.yrc.�er L�.r�Uh �a9e�7h�r 1 �_ `—�—._. i � �r� j i r �}-f= 1�� I�,�r� 4 r`� ��'r~�Yrm � �� I �I `� rJ, ry �y +�y��ry I� ��, °.' I! � E +� V I� L l.� L L1 �7 � I �r � �i � Ir��r�p�e Inve�ace aate: �r'2?19 In�oic�e Number; 535?� i4C�Ol#�It ��: T�rrns Net 1 w �lt�ar�#ity Rate � � 9 �.OD Suirto�� Tax T4tal #'�ym�nFl�r��iit Applie�i B�lance C��e C7a�e 5;1ia19 ►�mount $' � ��] S� 5.�p $ Ct.i�4 � 13,�0{I ��7, 00 �7 �_OU D�bbi�e �avicf�ort Frt�rn: T�m Paw�Gk �ent: Mond�y, June �4. ��19 �,-�� Ah,� Ta: a�bbie b��idsan �lF�ject. �E: I�l�nti �C�amE��ea 53�7 inu, 5-�-1� �7� 1!}1.45�C1�.43� 1�{1 ��11 �"�VV�I�# Parks Su��rir�t�nd�nt �ity �f Mt�r�tieella Ph�ne, �763} �i1-3i76 En��il. tom. a�ve�k �i.r�onticelJo.rr�r�,us �j {�ITY C�F . � � � �� f�A�{}C5 Fr�rn; Cl�bbi�e p�vids�n c[3�bbie_D�vid�a�r�[�c�.nrrc�r�ti�ello,mn.�s> S�nt: Frrd��y, J�un�e �1, 2(l�9 �;�l9 PMl 7�i, T[rm ��Ik <�c�rr�_pawelk[�'ci,rnont�celfr�,rn�_us� Subj�tt; Pv�or�ti Gh�mb�r �357 inu. 5-�•19 $15 Tp r�t, � just re+�eived th� atta�hed invai�e fr��n A+lonti Chambe� For th� Chamber l.un�h ��u went t� �n Ma+�_ C7ka+� tr� p�y $1�� F�a nks, �� 4�I�� Fi�an�e Clerk �ity� of �r+,on#i�e�lv 763-�7i-32�� ]�b�i� davicison�Cr.t�rc�ntitello_rn�n us a�P'�c�.��nti c�l lo.mn_us �marf ro�re�,aarr,�er�ce �o art�`Iro,rra rh� Clf�ofh4orrticellcsg�verrrmerr�F offices �5 suhje�d to the �P'lrrrr�s�#a ��errrrrxe,�F J�a�a l�raciie��es�iC�aradm�y�ie drsclp5ed lo �'h�rdparfle�_ i Julie �Ften�e Frc�m: �ent: T�: S u b�e�ct: Aut�-R;ece pt �r�orz�I��rn�iJ.authoriz�.r»t� Thur�sda}�, Jurw2 ��, �01� ':�� ph�1 AP Tran��eti,�n Receipt fr�orn Mv�ticello Ch�mb�r af �rrnrr��rce +3� In��stry+ far $3D.�10 fU5[�� l.l�sciipaican. F'avm..ni f�r ]n�{�r�� ti? (h1c}iatictillcr C'itx c�l�) � il�,�mbtir l.uru�f�.. `s•i�fTl�1'4'.T �� S.{YI.Jf{ Iil.iti' )_ f'a� i:na�til iiir 9�a4��icc �5356 [�11a�riiti�ll�, C'it4 �,P'l : C�]rarsrW,er I;tinch� �•l�ir,htir �]S.ilf}��'1a�3�- } - l�r+iii�� ,itGrnL�r 5??'tit1�9 Bi�ling Inf�+rr�iatiais Juli��{"h4n�,:� ��•`�I.Ff'..jl4ti��171��'.lk l5l �U� 14;i�CiUl4[Tt4l �411k�` j .�`Eaillll�a;i�{}, �'[j�. iiifa� l : `� ;�� rr �� mc�nli-��I]cr.ir��r.us a{� �.?, � -3�il� l ] tt[ti: I �: rr74 �l�rzm��it>r7 I€): 1'at t7i�c�t .�.a14i.fic,+1 "fran�k�:�ic�n 1'kE3c ,��i� ��{,��: 51�ip��in� InfarmRtion ='-]t.n-rl�l`i I1:��3:�? I'f7�1 (a I `'�!i{ry5?�1(1 �'isa :�.��x8?ti�) i=s�F�r�,�� +�ou�� dv9pnt��llo C�ramber �f Gcsirim�er�� $, Industry �l�nt4ce�la. f��N ��36� �.l S mar�y t�rn[�niicello�ci.�nm i ['�ial: S��l.�lf}�K;411) Ju�ie Ch�r��y From: ��ent: 5ubject: inf��c� r�onticel�oct�.��m Thursd�+�, �un� �7� �0�9 1:�5 Ph�9 C�nline Pa�rr��n# Coa�firrr�2#i�n �'��ur crnlin�: �;��nent reqKr�;�� ha� heeiY rcc:s:ie�e� b�� io��i�.ello �'I7�mher �f �:orrtiinerce anc! ln�iu.�try, i':i��rs��ryt C'�M��tir�tl�►�i�Mn l��tm�: ,1��Ei�e �C"�icr�� C'�i�n�an�-� f�=1�ilti��llt� C�it�°' of Trunsa�ti��rs A�amber-. {a17�;3�i'�57�f� I.�s� � dxf .�cct �uttti�ee: ��f�� ,��r��u�nt: �aC1,f7�1 ��scci�t�on J - -- Payme�nt f�or Jnvo�ce #�35� {Moniieelia �ety �f} P'�yme�li f�r In,voiG� #53�7 �Mnnticelfo Gity �� Item�� C��a�ntit}r T�[aI Aanount �harnb�r Lur�ch, M�mber �15.04iC ass � �' 5 �Q "i �ham�er Lu�ncFt, Memt�er $15 ��[Cl�s€ 1 $15.D0 —I � -- �rancf TQtai: $�0.0� This Ivt��i] ��:�� ;��t��rt�ati�.ali}� �et��r�tc�i. Fr�r �4o�.sti��n:� c�r teed��ck ��1rrr�tic€llc� �'t��er�t�e;e r�f C'on�mer��r �n��, In�lust�- '�1� �'it�� r�e� �pt7 f�iax [ �}? �F1ot�ti��.11c}, 14�1:ti � 5 ;�5�� (7� �) �rc��-�7{1�} � a�#�t��`��' r�� kri l i��: l 1 c�c� i.��rri ]Z��:,s','��,•��.�u_��,�nt�c�lluc�i.�c�m �LLZS�' �.�nta�t 41S �l: EDA:8/14/19 5. Consideration of Proiect Novus Letter of Intent with UMC, Inc. (JT) A. REFERENCE AND BACKGROUND: This item is a request to have the EDA consider authorizing a Letter of Intent (LOI) between UMC, Inc. and the EDA outlining items-activities of intent for a development known as Project Novus. UMC is proposing development of a new stand-alone 40,000 square foot manufacturing facility in Monticello. The development of the facility will allow UMC to expand its precision machining capabilities and continue to grow its business in medical parts and aviation products. The proposed development site is adjacent to UMC's existing facility along Chelsea Road East. The preliminary proj ect cost is estimated at $8,6000,000 +/-. The total number of new jobs is expected to be 60 full time equivalents (FTEs). Wage rates are estimated to be in a range of $22.00 to $25.00 per hour. The proposed development concept is complicated will require the use of multiple financial assistance programs offered by the EDA, City of Monticello and the State of MN. The public assistance programs will need to be reviewed and approved by the EDA and/or City Council. Tools or programs expected to be used to bring the development to fruition include: Tax Increment Financing [EDA] EDA-SCDP Loan Fund (equipment) [EDA] Minnesota Investment Fund (MIF) Program [MN-DEED] Job Creation Fund (JCF) [MN-DEED] Tax Abatement [City of Monticello] Other assistance programs which may also be used consist of: Workforce Training programs offered by MN-DEED Energy efficiency-equipment purchase assistance programs offered by Xcel Energy, Inc Energy efficiency programs offered by CenterPoint Energy, Inc. Since the development will require the creation of a new TIF District to write down the land acquisition costs and because UMC has requested an expedited schedule to allow it begin construction in October 2019, the initial TIF process has already started through the EDA's action on 7-31-2019. The EDA approved a resolution asking the City Council to call for a TIF Public Hearing on September 23, 2019. Even though LOI's are not considered legally binding this process is a good comfortable first step in that it comprehensively lays out the tasks activities that are assigned to each party with an ultimate goal of entering into a more defined and legally binding development agreement. When that occurs, it would be then be presented to the EDA for consideration. Al. STAFF IMPACT: The EDA attorney assisted in-house staff in drafting the LOI. No other staff are needed and will be impacted by entering into the LOI. EDA:8/14/19 A2. BUDGET IMPACT: The cost to draft and move forward with the LOI between UMC and the EDA is fairly minimal. There is a provision identified that asks for UMC to recognize that the use of appropriate legal counsel (document drafting) and financial advisors(s) (review of financial structure) does bring costs and thus lays out the commitment to make an escrow deposit in the amount of $10,000 to cover the consultant fees. B. ALTERNATIVE ACTIONS: L Motion to authorize entering into a LOI with UMC, Inc. laying out intentions and responsibilities as the both parties work toward the goal of completing a development agreement related to the proposed development of a new manufacturing facility. 2. Motion to deny authorization to enter into a LOI with UMC, Inc. 3. Motion to table authorization to enter into a LOI with UMC, Inc. for more research and/or discussion. 4. Motion of other as determined by the EDA. C. STAFF RECOMMENDATION: Staff recommends that the EDA proceed per Alternative #1. UMC's proposed development of a new stand-alone 40,000 square foot facility will expand the tax base and add 60 quality jobs to the community. The proposal matches up with the Comprehensive Plan goal of supporting quality job creation through attracting and retention of manufacturing firms. The use of an LOI is an acceptable interim step in the process that allows UMC and the EDA work on the many tasks that are required for this sizeable and complicated proposal. One of the activities outlined for both UMC and the EDA is to work towards completion of a legally binding development agreement in the near future. UMC has specifically asked the review process be expedited to allow a fa112019 construction start, so the LOI is expected to be replaced by a binding development agreement in the near future. D. SUPPORTING DATA: a. Proposed Letter of Intent (LOI) CITY OF • ontice o August 8, 2019 Mr. Don Tomann UMC, Inc. 500 Chelsea Road East Monticello, MN 55362 PHONE:763-295-2711 Fax:763-295-4404 505 Walnut Street � Suite 1 � Monticello, MN 55362 RE: Project Novus — Letter of Intent regarding 40,000 Sq. Ft. Development; 60 new FTE jobs; Potential Financial Assistance Programs Dear Mr. Tomann: The City of Monticello Economic Development Authority (EDA) understands that UMC is pursuing the development of a new stand-alone 40,000 square foot precision machining facility (Facility) on a 7.39-acre lot adjacent to its existing 70,000 sq. ft. building in Monticello, MN. The proposed Facility is required to accommodate growth of UMC's precision machining capabilities. The expected growth in the demand for medical and aviation products is due to the favorable conditions in each of those general sectors and subcontracted work that is passed through to UMC by the top national firms in both of those industries. Along with the development of the Facility, approximately 60 new FTE jobs will be created in the next 3 years. UMC is optimistic that it can continue to expand its business in Monticello and projects potential future expansion of the Facility to eventually reach 80,000 to 90,000 square feet in future phases. The 7.39-acre parcel can reasonably accommodate a building of up to 97,200 sq. ft.+/-. One of the EDA's primary goals is to attract new jobs and expand the local tax base. It does so in part by attracting and retaining manufacturing firms offering relatively high-paying jobs. The EDA supports this type of development through the various tools available to it such as Tax Increment Financing (TIF), loan programs and potential assistance from Minnesota Department of Employment and Economic Development (DEED). In light of UMC's proposed development, the EDA offers this Letter of Intent (L01) as a form of preliminary commitment to work together with UMC to develop the Facility. The L01 outlines the intentions and responsibilities of each party in bullet point format. www.ci.monticel lo.m n.us CITY OF • OntlCe 0 PHONE:763-295-2711 FAx:763-295-4404 505 Walnut Street � Suite 1 i Monticello, MN 55362 UMC, will be responsible for the following activities related to the proposed development. 1. Submit in a timely manner all pertinent, helpful and requested information to the EDA that will allow it to review the proposed development for consideration of financial C! 5 support. Commit to providing company officials or duly appointed representatives who will be able to attend required meetings to review and discuss the proposal with City Staff and the State of Minnesota staff. Commit to providing company officials or duly appointed representatives to attend EDA and City Council meetings, as needed, for action items related to the proposed Facility. Provide evidence of financing to City staff and the EDA indicating that development of the Facility is viable and can proceed. Submit the required TIF application to City staff for review by the EDA and its legal counsel and financial advisor. 6. Provide requested financial statements in a format that allows the EDA's financial advisor to determine the "but-for test" related to the economic development TIF District that is 7 : E7 proposed in support of the Facility. Provide wage and job information related to the proposed new job creation commitments. Provide facility layout and design information as well as a construction schedule related to the Facility. Cooperate with City staff in finalizing and submitting the MIF application to DEED. 10. Submit the required GMEF and/or EDA-SCDP application(s) to City staff for review by the EDA and its legal counsel and financial advisor(s). 11. Enter into a Purchase and Development Agreement with the EDA for the purchase of the 7.39-acre parcel (PID #155143001020) for $340,000 [preliminary, subject to adjustment pending final determination of amount of MIF assistance], and subsequent construction of the Facility on said parcel. 12. Enter into a mortgage and execute a promissory note in the amount of $340,000 in favor of the EDA in connection with the expected MIF assistance package, which is expected to be granted to UMC for reimbursement of its land acquisition costs as provided in the Purchase and Development Agreement between UMC and the EDA. www.ci.monticello.mn.us CITY OF • ontice o PHONE:763-295-2711 Fa,x:763-295-4404 505 Walnut Street � Suite 1 � Monticello, MN 55362 13. Provide escrow deposit funding in the amount of $10,000 to allow the City and EDA to utilize the legal and financial services consultants vital to ensuring an appropriate and successful financial and performance structure related to the Facility. 14. Cooperate with City staff in clearly negotiating and delineating the terms of the proposed development concept, timeline and/or financial structure in connection with the Facility including funding applications and the Purchase and Development Agreement. The EDA will be responsible for the following activities: 1. Engage with UMC to fully understand the development proposal, desired assistance and preferred schedule for all components related to completion of the Facility. 2. Provide to UMC in a timely manner the applications for various financial assistance programs such as: Tax Increment Financing (TIF), Greater Monticello Enterprise Fund (GMEF), Economic Development Authority-Small Cities Development Program (EDA- SCDP), Economic Development Tax Abatement, Minnesota Investment Fund (MIF), Job Creation Fund (JCF), as well as those offered for workforce training purposes and by the relevant energy utility companies. 3. Engage with DEED staff to define the elements of a workable and acceptable MIF grant application and/or funding structure that allows UMC and the EDA to bring the Facility to fruition. � 5 Submit a completed MIF application to DEED. Provide the JCF application to UMC and any required or requested assistance in completing the application. Consult with and utilize its legal counsel and financial advisor(s) as appropriate to further define and create a financial structure and/or process and agreements that allow UMC and the EDA to bring the Facility to fruition. 7. Acquire a 7.39-acre parce) (PID #155143001020) from the current private owner for the sole purpose of thereafter conveying such development site to UMC. 8. Enter into Purchase and Development Agreement with UMC, providing for (a) conveyance of the development parcel to UMC for $340,000 to be financed through a mortgage and promissory note in favor of the EDA, which is expected to be paid by DEED to UMC to reimburse UMC for such land acquisition cost; and (b) construction on the development parcel of the Facility. 9. Promptly schedule and perform all required reviews of all agreements in connection with development of the Facility and all financial assistance applications submitted by UMC, www.ci.monticello.mn.us CITY OF � PHONE:763-295-2711 Fax:763-295-4404 ontice o 505 Walnut Street Suite 1 Monticello, MN 55362 �� including without limitation, applications for the following programs: TIF, GMEF, EDA- SCDP, MIF, JCF, ED-Tax Abatement and others as requested and/or appropriate. If there are any questions about the proposed site and assistance package provided in the L01, please feel free to contact us at 763-271-3254. Signing for the EDA Jim Thares EDA Executive Director Steven C. Johnson EDA President The undersigned hereby agrees to the terms set forth in this Letter of Intent. Signing for UMC, Inc. Dated: By: Don Tomann, Chief Executive Officer: L01 Drafted By: EDA Attorney, Martha Ingram, Kennedy and Graven, Chartered 4 www.ci.monticello.mn.us EDA:8/14/19 6. Consideration of Economic Development TIF District Application Review bv UMC, Inc. for development of a 40,000 sauare foot facilitv and further recommend the Citv Council authorize submittal of Minnesota Investment Fund (MIF) and Job Creation Fund (JCF) applications in support of the pro_iect (JT) A. REFERENCE AND BACKGROUND: UMC, Inc., Monticello, MN, is preparing to submit to the EDA a Tax Increment Financing (TIF) application that outlines development of a new stand-alone 40,000 square foot facility and the creation of 60 new Full Time Equivalent (FTE) j obs. The initial information provided by the company indicates that the proposal consists of land acquisition, new construction and purchase of equipment. The entire proj ect is expected to cost approximately $8,600,000 +/-. The new jobs will be created over the next three years with wage rates ranging from $22 to $25 per hour. Based on the initial information, it is understood that the project would not be able to move forward without the use of TIF assistance to help write down the land costs. The overall project cost, its prospective financial structure and the land acquisition process combine to make this a complicated proposal from the standpoint of review steps and sequencing. A preliminary breakdown of the costs is as follows. Land Acquisition New Construction Equipment Purchase and Installation Total Project Cost $1,029,000 $4,000,000 $3,500,000 $8,529,000 UMC has requested that the EDA, in partnership with the City of Monticello, acquire a vacant 7.39-acre parcel adjacent to its current facility located at 500 Chelsea Road East. They would begin construction of the 40,000 square foot facility in late October or early November 2019. This facility would allow them to create a campus setting (side by side buildings) and achieve workforce and production efficiencies. The envision the new facility eventually being expanded to 85,000 square feet in the future. Consideration of City acquiring the privately- owned parcel is scheduled to occur by the City Council in September. The company has also stated interest in other available financial assistance programs for construction activities and equipment purchases. In addition to TIF, other financing components are expected to include the following: Minnesota Investment Fund (MIF) Job Creation Fund (JCF) Economic Development Tax Abatement (TA) Greater Monticello Enterprise Fund (GMEF) EDA-Small Cities Development Program (EDA-SCDP) Amounts of potential from these programs combined is estimated to be in the range of $1,000,000 to $1,200,000. Each of these programs has a separate review and approval process that would occur in a parallel process along with the TIF consideration. EDA:8/14/19 The August 14th EDA meeting will provide an opportunity for company representatives to present an overview of the proposed development. UMC has stated that it would like to start construction of the new facility by late October 2019 and has therefore asked that the review process be expedited. The EDA honored that request by already acting at its 7-31-2019 special meeting recommending that the City Council call for a TIF Public Hearing prior to receipt and review of TIF application submittals. An attached TIF review schedule indicates the TIF process could be completed on September 23, 2019, after the City Council Public Hearing. Per the TIF schedule, at the September l lth meeting, the EDA have a chance to review in more detail the proposed financial structure, gap funding needs and implications. This is also when the EDA will be asked to make a determination on the "but for" test as well. With that in mind, in addition to the TIF application acceptance, the EDA is being asked to further recommend that the City Council authorize application submittals for the MIF and JCF grant programs at its upcoming meeting. By taking action at this point, it will speed up the process by almost two weeks. UMC's development proposal meets several community and economic development objectives. Two broad goals stated in the Comprehensive Plan include: 1) Attracting and Retaining Jobs, and 2) Expanding the Tax Base. Further, in early 2019 the EDA adopted its annual Workplan which states that the EDA will "Market industrial development opportunities with a focus on firms extending-impacting the local and regional supply chain factor". Al. STAFF IMPACT: Numerous staff will be involved in the TIF District creation process as it unfolds. Staff include consultant such as the EDA attorney and financial advisor as well as the City Finance Director, Community Development Director and Economic Development Manager. A2. BUDGET IMPACT: The cost involved in reviewing the submittal of a TIF application will consist of time and fees for consultants. Typically, the TIF application fee is used to pay for consultant involvement in the process. B. ALTERNATIVE ACTIONS: Decision Item One L Motion to accept the Economic Development TIF Application submittal from UMC. 2. Motion to deny acceptance of the TIF application submittal. 3. Motion to table acceptance of the TIF application submittal for further research and/or discussion. 4. Motion of other as determined by the EDA. EDA:8/14/19 Decision Item Two L Motion to recommend that the City Council authorize submittal of a MIF Grant application in support of the LJMC expansion. 2. Motion to deny recommending that the City Council authorize submittal of a MIF Grant application in support of the LJMC expansion. Motion to table recommendation that the City Council authorize submittal of a MIF Grant application in support of the proposed LJMC expansion. 4. Motion of other as determined by the EDA. Decision Item Three L Motion to recommend that the City Council authorize submittal of a JCF Grant application in support of the LJMC expansion. 2. Motion to deny recommending that the City Council authorize submittal of a JCF Grant application in support of the LJMC expansion. 3. Motion to table recommendation that the City Council authorize submittal of a JCF Grant application in support of the proposed LJMC expansion. 4. Motion of other as determined by the EDA. C. STAFF RECOMMENDATION: Staff recommends that the EDA proceed per Alternative #1 for each of the Decision items. Acting on the MIF and JCF grant along with acceptance of the TIF application will expedite the review process. UMC's project will allow development of a new manufacturing facility with 60 well-paying jobs. The success of the proposal is dependent on the use of a new economic development TIF District and the MIF and JCF grant programs as part of the financing structure. The proposal is also in line with the Comprehensive Plan goal of supporting quality job creation and quality manufacturing development proj ects. D. SUPPORTING DATA: a. TIF District #1-41 Review schedule b. Aerial Photo of Municipal Development District c. Aerial Photo of proposed TIF District S M T W T F S 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 S M T W T F S 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 S M T W T F S 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 S M T W T F S 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 City of Monticello Central Monticello Redevelopment Project No. 1 Establishment of Tax Increment Financing District No. 1-41 Economic Development TIF District Project Novus Public Hearing on September 23 July 31 August 12 August 23 August 24 EDA request City Council call for hearing City Council calls for public hearing Last day for notice and TIF plan and fiscal implications to County and School District First day to publish hearing notice September 3 Planning Commission review September 9 Last day for notice to newspaper September 11 EDA approval of TIF, subject to Council approval September 12 Actual publication date September 23 Public hearing and establishment of TIF District October 7 Request certification by County October 7 Submit plan to State June 30, 2020 Certification of TIF District by this Date N otes: 1. Inspection of property and findings of substandard report was completed on December 9, 2015. 2. Denotes city council meeting dates. 3. Denotes EDA meeting dates 4. City publication dates need to be confirmed and added to calendar. NORTHLAND PUBLIC FINANLE TIF for Economic Development 7/22/2019 ECONOMIC DEVELOPMENT AUTHORITY 2019 ANNUAL ECONOMIC DEVELOPMENT WORK PLAN EDA Purpose: The EDA is charged with coordinating and administering the City of Monticello's economic development and redevelopinent plans and programs. The EDA is also responsible for housing and housing redevelopment. EDA Work Plan Mission Statement: The EDA's work plan is adopted in support of achieving the goals of the Monticello Comprehensive Plan and the 2017/2018 City Strategic Plan. The EDA will be proactive by developing and undertaking actions for achievement of the Comprehensive Plan's Economic Development goals and will be reactive in responding to economic development opportunities as they arise in the most timely and effective manner possible. The EDA shall utilize the economic development strategies of the Comprehensive Plan, including the Downtown Small Area Plan as a guide for action. Comprehensive Plan Goals: Attracting & Retaining Jobs Expanding Tax Base Enhancing Downtown Facilitating Redevelopinent Housing Choice for Life-Cycle EDA Objectives: 1. Continue to support redevelopment efforts for publicly-owned properties in Block 52. a. Continue to focus on site control for a potential future targeted redevelopment in Block 52. b. Resolve the parking issues that relate to potential future redevelopment of Block 52. c. Engage with the wider development coinmunity to test concept ideas and explore the marketability of Block 52 as well as the opportunities for possible partnerships in redevelopment plans/efforts. d. Support as needed the completion of transportation improvements as envisioned in the Downtown Small Area Study Plan. 2. Implement the recommendations of the Downtown Small Area Plan a. Support and advocate for improvements to the downtown as envisioned in the Small Area Plan. b. Develop and support the appropriate policies, programs, and incentives that enable the type of development described in the Plan. c. Continue to build a funding base for use in property acquisition and redevelopment efforts in targeted areas. d. Implement a fa�ade improvement program for desired revitalization areas. e. Meet with downtown property owners either in a group setting or individually to understand their concerns with traffic, parking, land use and possible reinvestment in their property as well as willingness to sell, partner, price, etc. f. Support opportunities for park and trail development as consistent with the Downtown Small Area Plan. g. Encourage the redesign of the pathway connection under the MN TH #25 bridge to incorporate safety elements and improved lighting. 3. Engage as a partner in local and regional development opportunities as they arise and also the Comprehensive Planning process as it relates to strategic visioning, land use, transportation, housing and economic development components. a. Encourage and support coordinated planning and development of parks, trails in or near business districts. b. Support the developinent of the pathway connecting Bertram Chain of Lakes Regional Park and the City limits. c. Continue discussion on use of tax reimbursement/abatement, including development of criteria. d. Consider funding and/or completing studies that provide policy and strategy framework for desired land uses/or projects in the downtown and for other programs. e. Monitor commuter rail development in and around the Twin Cities metro region for potential benefits and opportunities to serve Monticello. 4. Support new multi-family housing development through the use of financing tools such as new TIF Districts or use of excess TIF dollars as identified in the 2016 TIF Management Plan and per the adopted Policy Statement for Available TIF Funds. a. Develop marketing packets illustrating financial tools and available sites. b. Dialogue with multi-family housing developers and inform them of available resources to support MF development. c. Sponsor a multi-family housing developer expo providing site and financial assistance information facilitating relationship building. d. Continue to explore a 30 to 36-unit workforce housing development on EDA owned land along East 4t�' Street or at other suitable sites in the City. 5. Market industrial development at the Monticello Business Center (Otter Creek Business Park) to a broad variety of prospects. a. Ramp up multi-channel marketing efforts (including a familiarization tour); establish a formal plan and appropriate evaluation metrics. b. As guided by the Comprehensive Plan, target the following prospect areas: i. Businesses which will be a supplier, customer or collaborative partner to existing businesses within the community. ii. Businesses which would benefit from Monticello's utility and communications infrastructure. iii. Work with the CentraCare Health System to ensure the retention of and to promote the expansion of health care services in Monticello. c. Focus on prospects which serve or rely on the St. Cloud and Twin Cities markets. d. Work with the Monticello Times to do a business spotlight or profile article two times per year. e. Actively participate/network with current businesses to help establish external relationships. 6. Market EDA incentive programs in a more proactive manner, both within the community and beyond, beginning with the education on such resources at the EDA level. a. Continue to foster external networking opportunities. b. Present existing and new incentive programs to smaller community groups, local banks, realtors, and local businesses. c. Develop and communicate a"complete" development package prograin which provides support and assistance to prospects and developers from inquiry to construction. d. Update multi-format (print, digital) suinmary resource piece. e. Explore the opportunity to develop an incubator building or pre-designed building (shell plans) with contractors ready for development. 7. Actively (aggressively) market for sale and development the EDA-owned properties at Cedar Street and Outlot A. a. Identify types of businesses sought for specific properties and market to these sectors accordingly. b. Develop marketing materials for the fonner Fair Garden site along East Broadway. c. Identify coinmercial properties which should be held for larger redevelopment potential. 8. Encourage more proactive lead development and response in all market segments to support a diversified tax base. a. Develop relationships with local realtors and banks. b. Explore agent/broker relationships; evaluate the opportunity to engage a development facilitator. c. Develop a list of target properties and share with realtors and bankers. d. Research and communicate state and federal incentive programs for bringing businesses into community. 9. Examine housing stock for aging or blighted properties and research development of programs for redevelopment and/or revitalization. a. Understand the state of the current housing stock/inventory and areas of need. b. Identify and prioritize potential programs, such as: i. Program for acquisition for redevelopment ii. Program for revitalization iii. Program to encourage new development in in-fill areas c. Exa�nine use of available housing TIF dollars per the 2016 TIF Management Plan and the adopted Policy Stateinents for Available TIF Funds d. Establish clear criteria for "blight" and "cluster areas" for focus of programs. e. Identify and communicate state and regional programs which could be leveraged to support identified properties; identify programs applicable to each property. 10. Support the development of an economic development brand and implement in economic development activities. a. Work with Communications Manager to develop coordinated economic development (including amenities such as technology and recreation) marketing message(s) and plan. b. Create and/or enhance economic development materials for the website. c. Build value in development resources reference materials and communications pieces. 11. Support the IEDC in its lead role in Business Retention and Expansion efforts and in workforce engagement and development efforts. a. Continue to engage and support the IEDC as the primary partner and lead in the Business Retention and Expansion Program. b. Continue to support the WCEDP sponsored workforce development efforts. Appendiac: Monticello Comprehensive Plan, 2008 — Econonzic Development `�_ _-� � E*� �� i � �� , ,� � � � --- m 3� � � � :� f'� '� Z 7 'li 'A � 1 '`x .J� � \ �� yt „ � - � �' m' `� ` , v: ' z� �� jt.y� 4ak .. � Q � �LL ,� '� � �,� � � �• 'i� 3 � - �o r �� L � e k ,, � . �� b'J" � '�,� a . .� '�. ,� '� � :��` F � c � r � I � 4 f * .� � y, �� ,. :'`.e.: � ,�.__. 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REFERENCE AND BACKGROUND: Staff is asking the EDA to consider the amount of property tax levy that it would like to set in 2020. The annual budget process is underway and the schedule allows the EDA levy to be approved at the same time as the City levy in September. In a review and discussion session at the July 14, 2019 EDA meeting, guidance was offered to staff to establish the levy at the maximum allowed by State statute, .0185 percent of the Taxable Market Value of the City. For payable 2020, the value is $1,923,814,900. Applying the formula yields a levy amount of $355,000. The table below shows a comparison of the taxable value and the maximum levy for the past several years. Year Taxable Mkt. Value Allowed Levv bv Statute Actual Levv 2020 $1,923,814,900 $355,000 ??? 2019 $1,883,565,600 $348,000 $348,000 2018 $1,748,750,200 $323,000 $323,000 2017 $1,631,446,700 $302,000 $280,000 2016 $1,513,570,400 $280,000 $280,000 The proposed levy is calculated at .0185 percent x municipal taxable market value (2020 =.0185 x$1,923,814,900). EDA General Fund items covered by the proposed levy include: staff salaries and benefits, overhead (electricity, computer maintenance, postage), legal fees, financial advisor fees, marketing and various memberships such as the Wright County Economic Development Partnership. The largest single expense item is land acquisition- redevelopment activities. Unused funds carry over from year to year and remain in the EDA General Fund. They remain available for various EDA goals as needed. During the July 14th, 2019 meeting, the EDA was also asked to review a preliminary budget. The proposed 2020 EDA budget includes total estimated at $360,241. These items include all operating expenditures and generally exclude larger potential acquisition-redevelopment activities. Budgeted EDA revenue is anticipated at $360,000. Al. STAFF IMPACT: The staff impact involved in preparing the annual HRA lev levy and budget for consideration by the EDA is a normal part of the work duties of the Economic Development Manager/EDA Executive Director. A2. BUDGET IMPACT: The cost of presenting the 2020 Property Tax Levy discussion to the EDA for review and feedback is minimal. A3. STRATEGIC PLAN IMPACT: Goals that relate to the establishment of the HRA Levy and EDA Budget include the following: Goal #1 — Create and Preserve Sustainable Livability: Work to attract and develop a healthy mix of housing options. Goal #4 - Support A Vibrant Economy: Expand City/EDA owned industrial land inventory in targeted areas; Support development and redevelopment efforts for publically owned properties. B. ALTERNATIVE ACTIONS: L Motion to adopt Resolution #2019-08 approving the 2020 HRA Special Benefit Property Tax levy in the amount of $355,000 and the proposed 2020 EDA budget as presented and forwarding to the City Council for further consideration at its September 9, 2019 meeting. 2. Motion to deny adoption of Resolution #2019-08 regarding the 2020 HRA Special Benefit Property Tax Levy in the amount of $355,000 and the 2020 EDA budget in the amount of $360,241. 3. Motion to table consideration of Resolution #2019-08 regarding the 2020 HRA Special Benefit Property Tax Levy in the amount of $355,000 and the 2020 EDA budget in the amount of $360,241 for further research and/or discussion. C. STAFF RECOMMENDATION: Staff recommends the adoption of Resolution #2019-07 approving the 2020 HRA Special Benefit levy in the amount of $355,000 and the proposed 2020 EDA budget to allow the EDA to continue to pursue and extend its 2019 Workplan activities into 2020. Establishing a property tax levy and setting the budget is a policy decision for the EDA. Its recommendation will be forwarded to the City Council for consideration with a 2020 General Property Tax Levy at its September 9, 2019 meeting. A calendar provided by Finance Director, Wayne Oberg, is attached indicating budget approval steps. The EDA's baseline goal and mission to facilitate economic development and Redevelopment activities that expand the tax base, increase employment opportunities and create a vibrant economy, is dependent on the sustainable funding that the HRA levy provides. A few of the anticipated 2020 activities-obj ectives that will require ongoing financial resources include: continue working on Block 52 redevelopment effort (land assembly, environmental reviews and demolition of structures), marketing the Block 34 and Cedar Street sites, pursuing quality industrial development opportunities, updating the housing demand-needs study and supporting housing development proj ects to fill the identified gaps. D. SUPPORTING DATA: a. Resolution #2019-08 b. 2019 EDA Goals and Objectives b. 2018 Economic Development Goals (from Council visioning session) c. 2020 Budget Approval Calendar CITY OF MONTICELLO ECONOMIC DEVELOPMENT AUTHORITY RESOLUTION NO. 2019-08 AUTHORIZING THE LEVY OF A SPECIAL BENEFIT TAX PURSUANT TO MINNESOTA STATUTES, SECTION 469.033, SUBDIVISION 6 AND APPROVING A BUDGET FOR FISCAL YEAR 2020 WHEREAS, pursuant to Minnesota Statutes, Sections 469.090 through 469.1081, as amended, the City Council of the City of Monticello, Minnesota (the "City") previously created the City of Monticello Economic Development Authority (the "Authority"); and WHEREAS, the Authority is authorized to exercise all powers and duties of a housing and redevelopment authority under the provisions of Minnesota Statutes, Sections 469.001 to 469.047 (the "HRA Act"); and WHEREAS, Section 469.033, subd. 6, of the HRA Act permits the Authority to levy and collect a special benefit tax of up to 0.0185 percent of taxable market value in the City, levied upon all taxable real property within the City, to finance the Authority's economic development and redevelopment activities; and WHEREAS, the special benefit tax levy authorized by Section 469.033, subd. 6 of the HRA Act is separate and distinct from the City's levy and is not subject to levy limits; and WHEREAS, the Authority desires to levy a special benefit tax in the amount of 0.0185 percent of taxable market value in the City; and WHEREAS, the Authority has determined to adopt a budget for fiscal year 2020 that provides for the levy of the special benefit tax in the amount of 0.0185 percent of taxable market value of property in the City, to be used for the Authority's economic development and redevelopment activities. NOW, TI�REFORE, Be It Resolved by the Board of Commissioners (`Board") of the City of Monticello Economic Development Authority as follows: The Board hereby approves a budget of $360,241 (excluding TIF district and loan activity) for fiscal year 2020, including the levy of a special benefit tax in an amount not to exceed $355,000, subject to approval of such budget by the City Council prior to September 30, 2019. 2. Staff of the Authority is hereby authorized and directed to file the budget with the City in accordance with Minnesota Statutes, Section 469.033, Subdivision 6 and request that the City Council consider approval of the special benefits tax levy. 604817v1MN190-101 There is hereby levied a special benefit tax pursuant to Minnesota Statutes, Section 469.033, Subdivision 6, in an amount not to exceed $355,000 with respect to taxes payable in calendar year 2020, contingent upon the approval of the City Council. 4. Staff of the Authority is hereby authorized and directed to take such other actions as are necessary to levy and certify such levy upon approval by the City Council. Approved by the Board of Commissioners of the City of Monticello Economic Development Authority this 14th day of August, 2019. President Attest: Executive Director 604817v1MN190-101 2 ECONOMIC DEVELOPMENT AUTHORITY 2019 ANNUAL ECONOMIC DEVELOPMENT WORK PLAN EDA Purpose: The EDA is charged with coordinating and administering the City of Monticello's economic development and redevelopinent plans and programs. The EDA is also responsible for housing and housing redevelopment. EDA Work Plan Mission Statement: The EDA's work plan is adopted in support of achieving the goals of the Monticello Comprehensive Plan and the 2017/2018 City Strategic Plan. The EDA will be proactive by developing and undertaking actions for achievement of the Comprehensive Plan's Economic Development goals and will be reactive in responding to economic development opportunities as they arise in the most timely and effective manner possible. The EDA shall utilize the economic development strategies of the Comprehensive Plan, including the Downtown Small Area Plan as a guide for action. Comprehensive Plan Goals: Attracting & Retaining Jobs Expanding Tax Base Enhancing Downtown Facilitating Redevelopinent Housing Choice for Life-Cycle EDA Objectives: 1. Continue to support redevelopment efforts for publicly-owned properties in Block 52. a. Continue to focus on site control for a potential future targeted redevelopment in Block 52. b. Resolve the parking issues that relate to potential future redevelopment of Block 52. c. Engage with the wider development coinmunity to test concept ideas and explore the marketability of Block 52 as well as the opportunities for possible partnerships in redevelopment plans/efforts. d. Support as needed the completion of transportation improvements as envisioned in the Downtown Small Area Study Plan. 2. Implement the recommendations of the Downtown Small Area Plan a. Support and advocate for improvements to the downtown as envisioned in the Small Area Plan. b. Develop and support the appropriate policies, programs, and incentives that enable the type of development described in the Plan. c. Continue to build a funding base for use in property acquisition and redevelopment efforts in targeted areas. d. Implement a fa�ade improvement program for desired revitalization areas. e. Meet with downtown property owners either in a group setting or individually to understand their concerns with traffic, parking, land use and possible reinvestment in their property as well as willingness to sell, partner, price, etc. f. Support opportunities for park and trail development as consistent with the Downtown Small Area Plan. g. Encourage the redesign of the pathway connection under the MN TH #25 bridge to incorporate safety elements and improved lighting. 3. Engage as a partner in local and regional development opportunities as they arise and also the Comprehensive Planning process as it relates to strategic visioning, land use, transportation, housing and economic development components. a. Encourage and support coordinated planning and development of parks, trails in or near business districts. b. Support the developinent of the pathway connecting Bertram Chain of Lakes Regional Park and the City limits. c. Continue discussion on use of tax reimbursement/abatement, including development of criteria. d. Consider funding and/or completing studies that provide policy and strategy framework for desired land uses/or projects in the downtown and for other programs. e. Monitor commuter rail development in and around the Twin Cities metro region for potential benefits and opportunities to serve Monticello. 4. Support new multi-family housing development through the use of financing tools such as new TIF Districts or use of excess TIF dollars as identified in the 2016 TIF Management Plan and per the adopted Policy Statement for Available TIF Funds. a. Develop marketing packets illustrating financial tools and available sites. b. Dialogue with multi-family housing developers and inform them of available resources to support MF development. c. Sponsor a multi-family housing developer expo providing site and financial assistance information facilitating relationship building. d. Continue to explore a 30 to 36-unit workforce housing development on EDA owned land along East 4t�' Street or at other suitable sites in the City. 5. Market industrial development at the Monticello Business Center (Otter Creek Business Park) to a broad variety of prospects. a. Ramp up multi-channel marketing efforts (including a familiarization tour); establish a formal plan and appropriate evaluation metrics. b. As guided by the Comprehensive Plan, target the following prospect areas: i. Businesses which will be a supplier, customer or collaborative partner to existing businesses within the community. ii. Businesses which would benefit from Monticello's utility and communications infrastructure. iii. Work with the CentraCare Health System to ensure the retention of and to promote the expansion of health care services in Monticello. c. Focus on prospects which serve or rely on the St. Cloud and Twin Cities markets. d. Work with the Monticello Times to do a business spotlight or profile article two times per year. e. Actively participate/network with current businesses to help establish external relationships. 6. Market EDA incentive programs in a more proactive manner, both within the community and beyond, beginning with the education on such resources at the EDA level. a. Continue to foster external networking opportunities. b. Present existing and new incentive programs to smaller community groups, local banks, realtors, and local businesses. c. Develop and communicate a"complete" development package prograin which provides support and assistance to prospects and developers from inquiry to construction. d. Update multi-format (print, digital) suinmary resource piece. e. Explore the opportunity to develop an incubator building or pre-designed building (shell plans) with contractors ready for development. 7. Actively (aggressively) market for sale and development the EDA-owned properties at Cedar Street and Outlot A. a. Identify types of businesses sought for specific properties and market to these sectors accordingly. b. Develop marketing materials for the fonner Fair Garden site along East Broadway. c. Identify coinmercial properties which should be held for larger redevelopment potential. 8. Encourage more proactive lead development and response in all market segments to support a diversified tax base. a. Develop relationships with local realtors and banks. b. Explore agent/broker relationships; evaluate the opportunity to engage a development facilitator. c. Develop a list of target properties and share with realtors and bankers. d. Research and communicate state and federal incentive programs for bringing businesses into community. 9. Examine housing stock for aging or blighted properties and research development of programs for redevelopment and/or revitalization. a. Understand the state of the current housing stock/inventory and areas of need. b. Identify and prioritize potential programs, such as: i. Program for acquisition for redevelopment ii. Program for revitalization iii. Program to encourage new development in in-fill areas c. Exa�nine use of available housing TIF dollars per the 2016 TIF Management Plan and the adopted Policy Stateinents for Available TIF Funds d. Establish clear criteria for "blight" and "cluster areas" for focus of programs. e. Identify and communicate state and regional programs which could be leveraged to support identified properties; identify programs applicable to each property. 10. Support the development of an economic development brand and implement in economic development activities. a. Work with Communications Manager to develop coordinated economic development (including amenities such as technology and recreation) marketing message(s) and plan. b. Create and/or enhance economic development materials for the website. c. Build value in development resources reference materials and communications pieces. 11. Support the IEDC in its lead role in Business Retention and Expansion efforts and in workforce engagement and development efforts. a. Continue to engage and support the IEDC as the primary partner and lead in the Business Retention and Expansion Program. b. Continue to support the WCEDP sponsored workforce development efforts. Appendiac: Monticello Comprehensive Plan, 2008 — Econonzic Development T Y +� � � � � � > � N a- �' e�o N �C C -O T � � t0 � � p�p � � � '^ v O O v bB cz � V 9 10 N � � v . N v�n � fL N V � > � �p C O_ O� O > 41 � O C N PO �- �pD V PO L y.e C v 16 � pp � . 16 � � v � � m m U in v�i � ci N n'1 � �Il t0 � a 2 � Z O � a W � � alfl lfl lfl l0 0 � � � � � � � � � � �Il �fl C �Il �Il � Nl � � �Il � �fl Nl Nl Nl � � N1 � � n'1 N n'1 �'1 � n'1 �Il � N N N � � � m Y m C .� Q a - � � N � O ? 9 J Q O v I � O > -6 O a a � O v J C C - 0 U 0 OL C C O O U U W W \ \ � � � � 0 0 U U ¢ � E 3 0 3 v m 0 C � v O O � O `p_ � � O O � � .� � _ � O � � �6 > N N " N � N Y a� — t � 9 � �3 0 �o � o '_� .� � 9 � � � 'on io � v v v � � '> v c � m m c � � � � � � v � Y 9 r�o v o 0 O � O �- � a � - O — K � Y 'Y v 9 m -o > v o 'c � v 3 v '' � o -o 0 v � � c v � �� .> O � � O- N � - il ro -6 N N � O •' i �A > a+ t0 Nl O a�.+ � a+ j � 1 l -6 v Q Ul 9 � t Q 0 t0 3 > v � O_ Ul i � � O O' c� � l J 'y -6 � O_ � YO 3 � �' N O Q � i � �� Y C � � 9 y Y O � � :° = v � v : � � " � o �a, � v o � Y o ' - i w uA C � N C ro w U , - C � p O C rp > v '^ � � _ � v i � � C � � O i Y � � • '� � � .� v Q m ; � � O , i y Y .� N N 9 � x p � v � f ) a -6 Y � Ul — Y t0 C 9 J 1 t0 O in jp � t0 Ul O � N � Y 1 ) _ � -6 9 C � C O_ -6 -6 O_ i � � r�io r�o � � p � � N � —Q�j 0 ' � U1 bA t0 0 p_ � 0 i t0 > W i - O� C E N N � Oa a -6 � j O +�.' ro � � � y � a 5 `p c � O � ? ro � N `� � O a � N N N O C � � i � � � � � � E N N � � N v � t0 � � w C i - � O O p ; � O O -o O � y, 1 ) . fp � - C O_ Q y f, -� v Q Y Q � in 1 i � � � '� ro � v v � c ro i _ `� � v y o — -o > o 'a v � � �6 m p- !o — C '^ m � Y ' S � � N Oa v � � C N > y 1 ) v 9 w N a O � i C �n N v , � � � ) Y O � -6 � � � � w � -6 Y � 1 � v v r�o on 'v � v r�o on � � v v f0 c v " � ' 5 � v O O 0 J Y Y � O p_ � j ' � � w w w w c� c� w w � � ' U � C C ln K l, OW 0 0 0 0 0 0 0 0 0 0 0 0 0 C C C C C C C C C C C C C C O O O O O O O O O O O O O O U U U U U U U U U U U U U U W W W W W W W W W W W W W W \ \ \ \ \ \ \ \ \ \ \ \ \ \ � � � � � � � � � � � � � � � � � � � � � � � � � � � � 0 0 0 0 0 0 0 0 0 0 0 0 0 0 U U U U U U U U U U U U U U Monticello 2020 Budget Calendar - Modifed for EDA Review Date Activity 2020-2024 capital equipment/projects (CIP) worksheets and budget worksheets June 7, 2019 to department heads. July 1, 2019 2020-2024 CIP and budget worksheets due to finance department July 8, 2019 Workshop with city council and staff to set 2020 goals and priorities. July, 2019 Department heads meet with various advisory boards and commissions for input into 2020 preliminary budget and CIP. July, 2019 Department directors and supervisors meet with city administrator and finance staff to develop 2020 preliminary budget and CIP. July 22, 2019 Workshop with city council to review draft department budgets and set 2020 goals and priorities. Finance department develops revenue estimates and 2020 preliminary property August 12, 2019 tax levy. August 14, 2019 EDA Mtg. Consideration of 2020 HRA Levy and EDA Budget Council workshop to review various department goals, budgets, and CIP August 26, 2019 continued. September 9, 2019 Budget workshop with city council and staff. Council adopts 2020 preliminary HRA and city property tax levy. (See September September 9, 2019 23) September EDA Meeting occurs after Council Adoption of HRA and City Tax Levy - September 11, 2019 Update can be provided to EDA at meeting Last regular meeting for city council to consider adopting the 2020 preliminary September 23, 2019 city property tax levy. September 30, 2019 2020 preliminary property tax levy certified to Wright County auditor. Department heads meet with city administrator and finance staff to develop 2020 October/November, 2019 proposed budget and final property tax levy. December 9, 2019 Council adopts 2020 budget and property tax levy. City certifies final 2020 property tax levy to Wright County auditor and files Form December 28, 2019 TNT with the MN Department of Revenue. January 1, 2020 2020 fiscal year begins. EDA Agenda: 06/12/19 8. Economic Development Report (JT) A. Staff Update of Greater MSP Business Investment Summit B. Prospects — See attached A spread sheet with the concept stage and active search prospects is attached as Exhibit B. Join us at the GREATER MSP 2019 Business Investment Summit at the Intercontinental Hotel in St. Paul August 5, 2019 � 9:30 a.m. - 2:3o p.m. 9:40 a.m : Registrafion 9:30 a.m - 12:00 p.m. and 1:00 p.m. - 2:30p.m. : Program 12:00 p.m. - 1:00 p.m. : Networking Lunch 2:30 p.m. - 3:00 p.m. : Networking Reception InterContinental Saint Paul Riverfront 11 Keilogg Bivd. East St. Paul, MN 55101 We have an excifing day of presenters and activities including: • Michael O'Leary, Office Managing Partner, EY • Site Selection Professional, Leslie Macek, Senior Manager of Location Investment Services, EY • DEED Commissioner Steve Grove moderating a pa�el of Commissioner peers and public partners • First time ever - Real-Life Simulation of an actual RFI 3 y U U U U U f0 U U U � � � U U U � U � � � N N v N N N N f0 f0 f0 LL N � f0 f0 f0 V7 � i V7 i Y V7 N V7 V7 V7 Q V7 V7 V7 � fl- V7 V7 V7 �- � N Q N V OJ v OJ OJ OJ OJ f0 fl- OJ OJ OJ v V7 OJ V7 GJ > > > > U OJ OJ OJ OJ U OJ OJ OJ U � � U , > . . . 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