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EDA Agenda 10-13-2021
AGENDA REGULAR MEETING - ECONOMIC DEVELOPMENT AUTHORITY (EDA) Wednesday, October 13th, 2021— 6:00 p.m. Mississippi Room, Monticello Community Center Commissioners: President Steve Johnson, Treasurer Jon Morphew, Tracy Hinz, 011ie Koropchak-White, Hali Sittig and Councilmembers Lloyd Hilgart and Jim Davidson Staff: Executive Director Jim Thares, Angela Schumann, Sarah Rathlisberger 1. Call to Order 2. Roll Call 3. Consideration of additional agenda items 4. Consideration of electing or appointing EDA Vice President 5. Consent Agenda a. Consideration of Approving Regular Meeting Minutes— September 8, 2021 b. Consideration of Payment of Bills Regular Agenda 6. Consideration of Authorizing platting of EDA owned parcels in Otter Creek Business Park (OCBP) by WSB & Associates 7. Consideration of Update and consent of recently approved proposal for Engineering Services for Wetland Delineation, Mass Grading and Stormwater Improvements in Otter Creek Business Park (OCBP) 8. Economic Development Manager's Report 9. Adjourn AGENDA REGULAR MEETING - ECONOMIC DEVELOPMENT AUTHORITY (EDA) Wednesday, September 8th, 2021— 6:00 p.m. Mississippi Room, Monticello Community Center Commissioners Present: President Steve Johnson, Treasurer Jon Morphew, Tracy Hinz, 011ie Koropchak-White, and Hali Sittig Council Representatives Present: Jim Davidson Council Representatives Absent: Lloyd Hilgart Staff Present: Executive Director Jim Thares 1. Call to Order Chairperson Steve Johnson called the Regular Meeting of the Monticello EDA to order at 6:00 p.m. 2. Roll Call 3. Swearing in of Hali Sittig as new EDA Commissioner Economic Development Manager Jim Thares swore in Hali Sittig as new Commissioner of the EDA 4. Consideration of additional agenda items N/A 5. Consent Agenda a. Consideration of Approving Regular Meeting Minutes —August 11, 2021 b. Consideration of Approving Special Meeting Minutes —August 11, 2021 c. Consideration of Approving Regular Meeting Minutes —August 25, 2021 d. Consideration of Payment of Bills JIM DAVIDSON MOVED TO ACCEPT THE CONSENT AGENDA; TRACY HINZ SECONDED THE MOTION. MOTION CARRIED 6-0 Regular Agenda 6. Consideration of Resolution #2021-12 Authorizing Interfund Loan for advance of certain costs in connection with establishing TIF District #1-42 related to Karlsburger Foods' expansion proposal Jim Thares explained that the Interfund Resolution is something the EDA has the opportunity to utilize and is being asked to consider. Karlsburger Foods has been discussing potential expansion plans with City staff since early July and further indicate that they are moving forward with process. Thares noted that the EDA incurred minor costs back mid -July due to their attorney looking at original submittals by Karlsburger. In order to get these costs covered by the tax increment, the interfund resolution must be completed within 60 days of those bills. The 60-day mark is around September 12, 2021. Tabling this item was not recommended by Thares. Platting the lot Karlsburger will use is also expected to cost about $15,000. These costs may also be supported through the interfund loan resolution. Thares continued to explain the resolution includes a $65,000 cost estimate which should sufficient to cover any other expenditures. Karlsbuger will also be asked to submit the required fee for the TIF application that will help cover some costs that are directly related to tasks initiated once the submittal is received. TRACY HINZ MOVED TO ADOPT RESOLUTION 2021-12 AUTHORIZING INTERFUND LOAN FOR ADVANCE OF CERTAIN COSTS IN CONNECTION WITH ESTABLISHING TIF DISTRICT #1-42 RELATED TO KARLSBURGER FOODS' EXPANSION PROPOSAL; OLLIE KOROPCHAK- WHITE SECONDED THE MOTION. MOTION CARRIED UNANIMOUSLY, 6-0. Jon Morphew asked Jim Thares if any costs have been incurred already. Jim Thares explained that the attorney has sent a bill for a small fee, which has not been paid yet. Jon Morphew asked how the EDA is impacted if Karlsburger decides not to go through with the expansion. Jim Thares explained staff are monitoring Karlsburger's intentions and aligning the tasks related to the Karlsburger proposal with receipt of an actual TIF Business Subsidy application. The TIF Business Subsidy guidelines require a $10,000 fee to be submitted along with the application. The consultants are being directed to not begin work on various tasks until an application from Karlsburger Foods has been received. Steve Johnson asked Jim Thares if all the costs up to $65,000 will be covered by the TIF increment. Jim Thares said yes but it would not be until the tax increment begins to flow, which is about 18 to 24 months after the date of project completion. MOTION CARRIED UNANIMOUSLY 6-0. 7. Economic Development Manager's Report Economic Development Manager Jim Thares gave the Economic Development Manager's Report. Thares gave an update on the Deephaven project, the first building of the apartment complex has been completed and fully leased in July. The second building began near the end of July. The third Phase is also expected to begin in the next month. TEDI and TED grant applications have been submitted for the Block 52 redevelopment. Thares explained that these grant programs are extremely competitive. The City should know by mid -November if either application is approved. If the funds are awarded, the City has up to three years to complete the work activities. Jensen Precision Machining is undergoing an expansion. Nuss Truck and Equipment is also progressing on their new facility along Chelsea Road and 1-9. Neither sought EDA assistance. Thares provided an overview of the WSB Economic Development Assistance report. He also noted that MN -DEED received the City's proposal for Project Ecosystem. WSB was recently asked to complete a concept site layout on a parcel in OCBP for the Project Integrity proposal. This site is about 10 to 11 acres and is Shovel Ready. Thares also noted that he is registered for the 2021 EDAM conference and will bring back any information worth sharing to the Commission. Steve Johnson noted that this conference is very important and worth the time and money. John Morphew asked for an update on the fagade applications. Thares said that they are working with the architect on the Hammer's initial improvement proposal. Al Loch has also submitted a pre -application for property he owns on Broadway. Both of these proposals look like the actual work will be completed in 2022. 8. Adjourn TRACY HINZ MOVED TO ADJOURN THE MEETING; SECONDED BY JIM DAVIDSON. MOTION CARRIED UNANIMOUSLY 6-0. MEETING ADJOURNED AT 6:28 Recorder: Hayden Stensgard Approved: June 9th, 2021 Attest: Jim Thares, Economic Development Director EDA: 10/13/21 5b. Consideration of Approving Payment 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: 1. Motion to approve payment of bills through September 2021. 2. Motion to approve payment of bills through September 2021 with changes as directed by the EDA. C. STAFF RECOMMENDATION: Staff recommends approval of Alternative #1. D. SUPPORTING DATA: A. Accounts Payable Summary Statements Accounts Payable CITY Of Transactions by Account �* • User: Julie.Cheney if6e Ro Printed: 09/08/2021 - 11:12AM Batch: 00203.09.2021 Account Number Vendor Description GL Date Check No Amount PO No 213-46301-430400 KENNEDY AND GRAVEN CHAR] General EDA - July 2021 09/14/2021 124458 508.50 213-46301-430400 KENNEDY AND GRAVEN CHAR] Scherer Brothers ED TIE - July 2021 09/14/2021 124458 100.00 Vendor Subtotal for Dept:46301 608.50 213-46522-430400 KENNEDY AND GRAVEN CHAR] TIF 1-22 - July 2021 09/14/2021 124458 683.00 Vendor Subtotal for Dept:46522 683.00 213-46542-430400 KENNEDY AND GRAVEN CHAR] GMEF Loan - Karlsburger - July 2021 09/14/2021 124458 157.50 Vendor Subtotal for Dept:46542 157.50 213-46601-181400 CUSTOM TITLE SERVICES LLC Purchase 1301 Cedar Street - Closing 4 09/14/2021 124445 140,000.00 Vendor Subtotal for DeptA6601 140,000.00 Subtotal for Fund: 213 141,449.00 Report Total: 141,449.00 AP -Transactions by Account (09/08/2021 - 1 l :12 AM) Page 1 Page: 3 Kennedy & Graven, Chartered 150 South Fifth Street, Suite 700 Minneapolis, MN 55402 City of Monticello July 31, 2021 MN190-00167 Scherer Brothers ED TIF D)_ _ _. �i AllG 2021 1 Through July 31, 2021 For All Legal Services As Follows: Hours Amount 7/7/2021 MNI Phone conversation with J Thares regarding business 0.40 100.00 subsidy requirements with regard to job creation. Total Services: $ 100.00 Total Services and Disbursements: $ 100.00 From: Jim Thares To: Julie Cheney Cc: Liz Lindrud Subject: RE: Kennedy & Graven (2) Date: Tuesday, August 31, 2021 11:34:37 AM Attachments: imaae001.Dna K & G Invoice - 08-31-21.Ddf Kennedy & Graven 073121 $100.00.Ddf Julie, these two invoices are okay to pay. I am attaching the larger invoice with the detail coding. Please see additional comments related to coding below: From: Julie Cheney <Julie.Cheney@ci.monticello.mn.us> Sent: Monday, August 30, 2021 4:13 PM To: Jim Thares <Jim.Thares@ci.monticello.mn.us> Subject: Kennedy & Graven (2) Jim Attached are the following invoices from Kennedy & Graven: Inv# MN190-00167 — Scherer Bros ED TIF - $100.00 - 213-46301-430400 Inv# MN190-00101— General EDA - $1,349.00 = ($683.00 - 213-46522-430400) ($508.50 = 213- 46301-430400) Okay to pay? Please provide coding. Thanks, Julie Cheney Finance Assistant City of Monticello 763-271-3205 CITY n TOF Monticello Email correspondence to and from the City of Monticello government offices is subject to the Minnesota Government Data Practices Act and may be disclosed to third parties. Page: 1 Kennedy & Graven, Chartered 150 South Fifth Street, Suite 700 Minneapolis, MN 55402 City of Monticello July 31. 2021 MN190-00101 General EDA Matters Through July 31, 2021 For All Legal Services As Follows: E`=ter - C� Hours Amount 7/1.12021 LJK Reviewed changes to TIF modification resolution and 0.20 32.00 discussed with Martha 7/1/2021 MNI Draft Monticello resolution TIF mod 1 20 252.00 7l7/2021 MNI Draft EDA resolution approving TIF modification for 7/14 0.60 12600 EDA approval 7/8/2021 MNI Finalize City and EDA resolutions approving modification 1 00 21000 to TIF 1-22, circulate 7/15t2021 MNI Email correspondence. with EDA staff and Northland 0.30 63.00 regarding modification resolutions and ne�psfor TIF 0 83 SIF 1-22 'Z 1'3 —___, MNI Review proposal for Karlsburger expansion; emal to group 0.30 wt . regarding same 7/19/2021 LJK Financing --heck in call 100 16000 MNI Office conference with L Kantner regarding Karlsburger TIF 0.405� and new GMEF loans I OMNI Open files for Karlsburger TIF, car wash GMEF loan; office 0.50 conference with L Kantner arding,sa��. 7/26/2021 LJK Draft EDA resolution re: 21M 0.30 48.00 7126/2021 MNI Review request from J Thares for EDA levy resolution, 0.20 42.00 office conference with L Kantner regarding same 7/27/2021 LJK Review GMEF loan documents, send levy authorization 0.40 64.00 resolution for EDA to J. Thares 7/27/2021 MNI Review EDA levy resolution, office conference with L 0.40 84.00 Kantner regarding GMEF loan details and model documents Page: 2 Kennedy & Graven, Chartered 150 South Fifth Street, Suite 700 Minneapolis, MN 55402 City of Monticello July 31, 2021 7/30/2021 LJK Reviewed J. Thares' email re Rustech loan; began drafting 0.10 16.00 loan agreement, emailed M. Ingram for additional info Total Services: $ 1,349.00 Total Services and Disbursements: $ 1,349.00 From: Jim Thares To: Julie Cheney Cc: Liz Lindrud Subject: RE: Kennedy & Graven (2) Date: Tuesday, August 31, 2021 11:34:37 AM Attachments: image001.ong K & G Invoice - 08-31-21.df Kennedy & Graven 073121 $100.00.pdf Julie, these two invoices are okay to pay. I am attaching the larger invoice with the detail coding. Please see additional comments related to coding below: From: Julie Cheney <Julie.Cheney@ci.monticello.mn.us> Sent: Monday, August 30, 2021 4:13 PM To: Jim Thares <Jim.Thares@ci.monticello.mn.us> Subject: Kennedy & Graven (2) Jim Attached are the following invoices from Kennedy & Graven: Inv# MN190-00167 — Scherer Bros ED TIF - $100.00 - 213-46301-430400 Inv# MN 190-00101— General EDA - $1,349.00 = ($683.00 - 213-46522-430400) ($508.50 = 213- 46301-430400) Okay to pay? Please provide coding. Thanks, Julie Cheney Finance Assistant City of Monticello 763-271-3205 CITY OF Monticello Email correspondence to and from the City of Monticello government offices is subject to the Minnesota Government Data Practices Act and may be disclosed to third parties. Cto�cm T +tt Scr vi, CA-.<O City of Monticello Economic Development Authority GMEF loan Program fund Disbursements 08-30-2021 Program: GMEF Loan Program Borrower(s): RRG Holdings, LLC and Sota Car Wash, LLC (Co -Borrowers Loan Approval Date: August 25, 2021 Approved Amount of Loan: $140,000 Amount of Requested Disbursement(s): $140,000 - Expenditure Coding: 213-46601-181400 Purpose of Funding Disbursement: for real estate purchase related to development of new high tech enhanced car wash facility to be operated by Sota Car Wash, LLC Comments: In the Memo Section of the Check notate. Provide check to staff. Check will be delivered to Loan closing on September 16 or 17, 2021. Signature of City St Q U/ 7-0 21 LOAN AGREEMENT This Loan Agreement ("Agreement") is made this _ day of August, 2021, between RRG Holdings LLC, a Minnesota limited liability company ("Owner"); Sota Car Wash LLC, a Minnesota limited liability company ("Operator") (together, the "Borrower"); and the City of Monticello Economic Development Authority (the "Lender"), a public body corporate and politic and political subdivision of the State of Minnesota. RECITALS A. In consideration for the loan contemplated by this Agreement, Borrower is executing and delivering to Lender this Loan Agreement. B. Lender administers its Greater Monticello Enterprise Fund ("GMEF") revolving loan program pursuant to its authority under Minnesota Statutes, Sections 469.090 to 469.1081, as amended (the "EDA Act"), in order to assist Monticello businesses in financing certain economic development activities that result in the creation of jobs. C. The Borrower has requested financial assistance from multiple lenders, including the Lender, in connection with the acquisition of certain real property located in the City of Monticello, Minnesota (the "City") and legally described at Exhibit A hereto (the "Property"), demolition of an existing structure, and construction of a new car wash facility to be located on the Property (the "Project"). D. The Lender agrees to make a loan to Borrower of GMEF funds in the maximum amount of $140,000 (the "Loan") to pay a portion of the costs of acquisition of the Property (the "Project Costs") in connection with the Project. ACCORDINGLY, to induce the Lender to inake the Loan to Owner, and for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 1. The Loan Amount. Subject to and upon the terms and conditions of this Agreement, Lender agrees to loan to Owner the sum of One Hundred Forty Thousand and no/100ths Dollars (S140,000.00), or so much thereof as is disbursed to Owner in accordance with this Agreement for the purpose of financing a portion of the Project Costs. The Loan shall be evidenced by a promissory note (the "Note") payable by Owner to Lender and substantially in the form of Exhibit B attached to this Agreement, which shall be dated as of the date of closing on acquisition of the Property (the "Loan Closing Date"). Proceeds of the Loan shall be disbursed in accordance with Section 3 hereof. MN325'46'.738385.N2 2. Repayment of Loan. The Loan shall be repaid with interest as follows: (a) Interest at the rate of one and one -quarter percent (1.25%) per annum shall accrue from the Loan Closing Date until the Loan is repaid in full. (b) Level payments of principal and interest shall commence on May 1, 2022 (the "Initial Payment Date") and continue on the first day of each and every month thereafter until paid in full. Such payments shall fully amortize the principal and interest over twenty (20) years, provided that the final unpaid balance of principal and interest shall be due and payable on the first day of the one hundred twentieth (120th) month following the Initial Payment Date. 3. Disbursement of Loan Proceeds. (a) The Loan proceeds shall be disbursed to Owner's chosen title company ("Title") and applied to the purchase price of the Property on the Loan Closing Date; (b) The following events shall be conditions precedent to the payment of the Loan proceeds to Owner on the Loan Closing Date: (i) Owner having executed and delivered to Lender, prior to the Loan Closing Date and without expense to Lender, executed copies of this Agreement and the Note, and Owner further having caused to be executed and delivered to Lender a mortgage in substantially the form attached hereto as Exhibit C (the "Mortgage"); (ii) Prior to the Loan Closing Date, the Owner having executed and delivered to the Lender a personal guaranty in substantially the form attached hereto as Exhibit D (the "Guaranty"); (iii) Prior to the Loan Closing Date, Owner having provided the Lender with Title's contact information, and Lender having received a copy of Owner's settlement statement evidencing the purchase price of the Property in at least the amount of the Project Costs; (iv) Lender having received an executed acknowledgement from Title in connection with Lender's instructions for disbursement of the proceeds of the Loan; (v) Borrower having provided evidence reasonably satisfactory to the Lender of formal approval of loans from the Initiative Foundation in the total aggregate principal amount of $300,000; (vi) Title having disbursed to Lender a loan origination fee of $2,100 from proceeds of the Loan; and (vii) Borrower having paid to Lender the full amount of the legal fees A7 N 325'A GA738 385. Q 2 I t ice` -in the negotiation and preparation of this Agreement and any other agreement or instrument securing the Loan. 4. Representations and Warranties. Borrower represents and warrants to Lender that: (a) Borrower is duly authorized and empowered to execute, deliver, and perform this Agreement and to borrow money from Lender. (b) The execution and delivery of this Agreement, and the performance by Borrower of its obligations hereunder, do not and will not violate or conflict with any provision of law and do not and will not violate or conflict with, or cause any default or event of default to occur under, any agreement binding upon Borrower. (c) The execution and delivery of this Agreement has been duly approved by all necessary action of Borrower, and this Agreement has in fact been duly executed and delivered by Borrower and constitutes its lawful and binding obligation, legally enforceable against it. (d) Borrower warrants that it shall keep and maintain books, records, and other documents relating directly to the receipt and disbursements of Loan proceeds and that any duly authorized representative of Lender shall, at all reasonable times, have access to and the right to inspect, copy, audit, and examine all such books, records, and other documents of Borrower pertaining to the Loan until the completion of all closeout procedures and the final settlement and conclusion of all issues arising out of this Loan. (e) Borrower warrants that it has fully complied with all applicable state and federal laws pertaining to its business and will continue to comply throughout the terns of this Agreement. if at any time Borrower receives notice of noncompliance from any governmental entity, Borrower agrees to take any necessary action to comply with the state or federal law in question. (f) Borrower warrants that it will use the proceeds of the Loan made by Lender solely for the Project Costs, as described in Recital D of this Agreement. (g) Borrower warrants that it will not create, permit to be created, or allow to exist any liens, charges, or encumbrances prior to the obligation created by this Loan Agreement, except as otherwise authorized in writing by Lender. 5. Business Subsidy. The Lender and Borrower agree and acknowledge that the Loan provided under this Loan Agreement is not a business subsidy as defined in Minnesota Statutes, Sections 116J.993 to 1 l 6J.995, as amended (the "Business Subsidy Act") because the Loan is in an amount under S 150,000, but that the Borrower must comply with the job and wage provisions of the Lender's written Business Subsidy Policy. To this effect, the Borrower covenants and agrees as follolAIs: MN325A613k385.%2 (a) Job and Wage Goals. The "Benefit Date" of the assistance provided in this Agreement is the Loan Closing Date. By the Compliance Date, which is the date two (2) years after the Benefit Date, the Operator shall create or cause to be created at least four (4) full-time equivalent jobs and four (4) part-time equivalent jobs at the Facility, and cause the wages of the created jobs to be as shown below, exclusive of benefits: Job Wages Full -Time 1 $ l 00,000/ ear Full -Time 2 - 4 $50 000/ ear Part -Time 1 - 4 $13.00/hour Notwithstanding anything to the contrary herein, if the wage and job goals described in this paragraph are met by the Compliance Date, those goals are deemed satisfied as of the date such wage and job goals are met. The Lender may, after a public hearing, extend the Compliance Date by up to one year, provided that nothing in this section will be construed to limit the Lender's legislative discretion regarding this matter. (b) Remedies. If the Operator fails to meet the goals described in Section 5(a), the Borrower shall repay to the Lender upon written demand from the Lender the outstanding principal amount of the Note, plus interest accrued to such payment date. Nothing in this Section shall be construed to limit the Lender's remedies under Section 7 hereof. In addition to the remedy described in this Section and any other remedy available to the Lender for failure to meet the goals stated in Section 5(a), the Borrower agrees and understands that it may not receive a business subsidy from the Lender or any grantor (as defined in the Business Subsidy Act) for a period of five (5) years from the date of the failure or until the Borrower satisfies its repayment obligation under this Section, whichever occurs first. 6. Event of Default by Borrower. The following shall be Events of Default under this Agreement: (a) failure to pay any principal or interest on the Loan when due; (b) any representation or warranty made by Borrower herein or in any document, instrument, or certificate given in connection with this Agreement, the Note, the Mortgage, or the Guaranty that is false when made; (c) Borrower fails to pay its debts as they become due, makes an assignment for the benefit of its creditors, admits in writing its inability to pay its debts as they become due, files a petition under any chapter of the Federal Bankruptcy Code or any similar law, state or federal, now or hereafter existing, becomes "insolvent" as that term is generally defined under the Federal Bankruptcy Code, files an answer admitting insolvency or inability to pay its debts as they become due in any involuntary bankruptcy case commenced against it, or fails to obtain a dismissal of such case within thirty (30) days after its commencement or convert the case from one chapter of the Federal Bankruptcy Code to another chapter, or be MN325,46`738385.v2 4 the subject of an order for relief in such bankruptcy case, or be adjudged a bankrupt or insolvent, or has a custodian, trustee, or receiver appointed for, or has any court take jurisdiction of its property, or any part thereof, in any proceeding for the purpose of reorganization, arrangement, dissolution, or liquidation, and such custodian, trustee, or receiver is not discharged, or such jurisdiction is not relinquished, vacated, or stayed within thirty (30) days of the appointment; (d) a garnishment summons or writ of attachment is issued against or served upon Lender for the attachment of any property of Borrower in Lender's possession or any indebtedness owing to Borrower, unless appropriate papers are filed by Borrower contesting the same within thirty (30) days after the date of such service or such shorter period of time as may be reasonable in the circumstances; (e) any breach or failure of Borrower to perform any other term or condition of this Agreement not specifically described as an Event of Default in this Agreement and such breach or failure continues for a period of fifteen (15) days after Lender has given written notice to Borrower specifying such default or breach, unless Lender agrees in writing to an extension of such time prior to its expiration; provided, however, if the failure stated in the notice cannot be corrected within the applicable period, Lender will not unreasonably withhold its consent to an extension of such time if corrective action is instituted by Borrower within the applicable period and is being diligently pursued until the Default is corrected, but no such extension shall be given for an Event of Default that can be cured by the payment of money (i.e., payment of taxes, insurance premiums, or other amounts required to be paid hereunder); (f) any breach by Borrower of any other agreement between Borrower and Lender, or Borrower and the City. 7. Lender's Remedies upon Borrower's Default. Upon an Event of Default by Borrower and after provision by Lender of written notice, Lender shall have the right to exercise any or all of the following remedies (and any other rights and remedies available to it): (a) declare the principal amount of the Loan and any accrued interest thereon to be immediately due and payable upon providing written notice to Borrower; (b) suspend its performance under this Loan Agreement; (c) take any action provided for at law to enforce compliance by Borrower with the terms of this Agreement and the Note; (d) exercise its rights under the Mortgage and/or Guaranty. In addition to any other amounts due on the Loan, and without waiving any other right of Lender under any this Agreement or any other instrument securing the Loan applicable documents, Borrower shall pay to Lender a late fee of $250 for any payment not received in full by Lender within 30 calendar days of the date on which it is due. Furthermore, interest will Mn32SA6\738395.0 5 continue to accrue on any amount due until the date on which it is paid to Lender, and all such interest will be due and payable at the same time as the amount on which it has accrued. 8. Lender's Costs of Enforcement of Agreement. If an Event of Default has occurred as provided herein, then upon demand by Lender, Borrower shall pay or reimburse Lender for all expenses, including all attorneys fees and expenses incurred by Lender in connection with the enforcement of this Agreement and the Note, or in connection with the protection or enforcement of the interests and collateral security of Lender in any litigation or bankruptcy or insolvency proceeding or in any action or proceeding relating in any way to the transactions contemplated by this Agreement. 9. Indemnification. (a) Borrower shall and does hereby agree to indemnify against and to hold Lender, and its officers, agents, and employees, harmless of and from any and all liability, loss, or damage that it may incur under or by reason of this Agreement, and of and from any and all claims and demands whatsoever that may be asserted against Lender by reason of any alleged obligations or undertakings on its part to perform or discharge any of the terms, covenants, or agreements contained herein. (b) Should Lender, or its officers, agents, or employees incur any such liability or be required to defend against any claims or demands pursuant to this Section, or should a judgment be entered against Lender, the amount thereof, including costs, expenses, and attorneys fees, shall bear interest thereon at the rate then in effect on the Note, shall be secured hereby, shall be added to the Loan, and Borrower shall reimburse Lender for the same immediately upon demand, and upon the failure of Borrower to do so, Lender may declare the Loan immediately due and payable. (c) The provisions of this Section shall survive the execution, delivery, and performance of this Agreement and the creation and payment of any indebtedness to Lender. Borrower waives notice of acceptance of this Agreement by Lender. (d) Nothing in this Agreement shall constitute a waiver of or limitation on any immunity from or limitation on liability to which Borrower is entitled under law. 10. Miscellaneous. (a) Waiver. The performance or observance of any promise or condition set forth in this Agreement may be waived, amended, or modified only by a writing signed by Borrower and Lender. No delay in the exercise of any power, right, or remedy operates as a waiver thereof, nor shall any single or partial exercise of any other power, right, or remedy. (b) Assigninent. This Agreement shall be binding upon Borrower and its successors and assigns and shall inure to the benefit of Lender and its successors and assigns. All rights and powers specifically conferred upon Lender may be transferred or delegated by Lender to any of its successors and assigns. Borrower's rights and obligations MN3254&738385.Q 6 under this Agreement may be assigned only when such assignment is approved in writing by Lender. (c) Governing Law. This Agreement is made and shall be governed in all respects by the laws of the state of Minnesota. Any disputes, controversies, or claims arising out of this Agreement shall be heard in the state or federal courts of Minnesota, and all parties to this Agreement waive any objection to the jurisdiction of these courts, whether based on convenience or otherwise. (d) Severability. if any provision or application of this Agreement is held unlawful or unenforceable in any respect, such illegality or unenforceability shall not affect other provisions or applications that can be given effect, and this Agreement shall be construed as if the unlawful or unenforceable provision or application had never been contained herein or prescribed hereby. (e) Notice. All notices required hereunder shall be given by depositing in the U.S. mail, postage prepaid, certified mail, return receipt requested, to the following addresses (or such other addresses as either party may notify the other): To Lender: City of Monticello Economic Development Authority 505 Walnut Street, Suite 1 Monticello, MN 55362 Attn: Executive Director To Owner: RRG Holdings LLC 1301 Cedar Street Monticello, MN 55362 To Operator: Sota Car Wash LLC 1301 Cedar Street Monticello, MN 55362 (f) Tennination. If the Loan is not disbursed pursuant to this Agreement by December 31, 2021, this Agreement shall terminate and neither party shall have any further obligation to the other, except that if the Loan is not disbursed because Borrower has failed to use its best efforts to comply with the conditions set forth in Section 3 of this Agreement then Borrower shall pay to Lender all reasonable attorneys fees, costs, and expenses incurred by Lender in comnection with this Agreement and the Note. (g) Entire Agreement. This Agreement, together with the Exhibits hereto, which are incorporated by reference, constitutes the complete and exclusive statement of all mutual understandings between the parties with respect to this Agreement, superseding all prior or contemporaneous proposals, communications, and understandings, whether oral or written, concerning the Loan. (h) Headinas. The headings appearing at the beginning of the several sections KIN''325N46.735385.v2 7 contained in this Agreement have been inserted for identification and reference purposes only and shall not be used in the construction and interpretation of this Agreement. IN WITNESS WHEREOF, this Agreement has been duly executed and delivered by the proper officers thereunto duly authorized on the day and year first written above. LENDER: CITY OF MONTICELLO ECONOMIC DEVELOPMENT AUTHORITY By: President By: Executive Director MN325A6'73&385,v2 (SIGNATURE PAGE TO LOAN AGREEMENT- CITY OF MONTICELLO ECONOMIC DEVELOPMENT AUTHORITY) MN325�W735 385.v2 BORROWERS: OWNER: RRG HOLDINGS LLC Its OPERATOR: SOTA CAR WASH LLC LIM Its (SIGNATURE PAGE TO LOAN AGREEMENT— RRG HOLDINGS LLCJ IVJf�32.�5 4s5� „+c385.v2 10 EXHIBIT A LEGAL DESCRIPTION That property located in the City of Monticello, Wright County, Minnesota and legally described as follows: Lot 1, Block 1, Kampschroer Addition, MN325A&1738385.v2 A-1 EXHIBIT B PROMISSORY NOTE -$140,000- -1.25%- , 2021 RRG Holdings LLC ("Maker"), for value received, hereby promises to pay to the City of Monticello Economic Development Authority, a public body corporate and politic under the laws of Minnesota or its assigns (Authority and any assigns are collectively referred to herein as "Holder"), at its designated principal office or such other place as the Holder may designate in writing, the principal sum of One Hundred Forty Thousand and no/100ths Dollars ($140,000) or so much thereof as may be advanced under this Note, with interest as hereinafter provided, in any coin or currency that at the time or times of payment is legal tender for the payment of private debts in the United States of America. The principal of and interest on this Note are payable in installments due as follows: 1. Interest at the rate of one and one -quarter percent (1.25%) per annum shall accrue from the Loan Closing Date, as defined in the Loan Agreement between Borrower and Lender dated as of 2021 ("Loan Agreement") until the Loan is repaid in full. 2. Level payments of principal and interest shall commence on May 1, 2022 (the "Initial Payment Date") and continue on the first day of each and every month thereafter until paid in full. Such payments shall fully amortize the principal and interest over twenty (20) years; provided that the final payment of unpaid principal and interest shall be due and payable on the first day of the one hundred twentieth (120th) month following the Initial Payment Date. 3. The Maker shall have the right to prepay the principal of this Note and interest accrued to the date of such prepayment, in whole or in part, on any date a principal and interest payment is due and payable. 4. This Note is given pursuant to the Loan Agreement and secured by a mortgage of even date herewith delivered by Borrower (the "Mortgage") and by personal guaranties of Cory Kampschroer, Jessica Kampschroer, Ellen Halvorson, and Jason Halvorson (altogether, the "Guaranty"). If any such security is found to be invalid for whatever reason, such invalidity shall constitute an Event of Default hereunder. All of the agreements, conditions, covenants, provisions, and stipulations contained in the Loan Agreement, the Mortgage, the Guaranty, or any other instrument securing this Note are hereby made a part of this Note to the same extent and with the same force and effect as if they were fully set forth herein. It is agreed that time is of the essence of this Note. if an Event of Default occurs under the Loan Agreement, the Mortgage, the Guaranty, or any other instrument securing this Note, MN325A6�1738385,Q B-1 then the Holder of this Note may at its right and option, without notice, declare immediately due and payable the principal balance of this Note and interest accrued thereon, together with reasonable attorneys fees and expenses incurred by the Holder of this Note in collecting or enforcing payment hereof, whether by lawsuit or otherwise, and all other sums due hereunder or any instrument securing this Note. The Maker of this Note agrees that the Holder of this Note may, without notice to and without affecting the liability of the Maker, accept additional or substitute security for this Note, or release any security or any party liable for this Note or extend or renew this Note. 5. The remedies of the Holder of this Note as provided herein, and in the Loan Agreement, the Mortgage, the Guaranty, or any other instrument securing this Note shall be cumulative and concurrent and may be pursued singly, successively, or together, and, at the sole discretion of the Holder of this Note, may be exercised as often as occasion therefor shall occur, and the failure to exercise any such right or remedy shall in no event be construed as a waiver or release thereof. The Holder of this Note shall not be deemed, by any act of omission or commission, to have waived any of its rights or remedies hereunder unless such waiver is in writing and signed by the Holder and then only to the extent specifically set forth in the writing. A waiver with reference to one event shall not be construed as continuing or as a bar to or waiver of any right or remedy as to a subsequent event. This Note may not be amended, modified, or changed except only by an instrument in writing signed by the party against whom enforcement of any such amendment, modifications, or change is sought. 6. If any term of this Note, or the application thereof to any person or circa nstances shall, to any extent, be invalid or unenforceable, the remainder of this Note, or the application of such teen to persons or circumstances other than those to which it is invalid or unenforceable shall not be affected thereby, and each term of this Note shall be valid and enforceable to the fullest extent permitted by law. 7. It is intended that this Note is made with reference to and shall be construed as a Minnesota contract and is governed by the laws thereof. Any disputes, controversies, or claims arising out of this Agreement shall be heard in the state or federal courts of Minnesota, and all parties to this Agreement waive any objection to the jurisdiction of these courts, whether based on convenience or otherwise. 8. The perfonnance or observance of any promise or condition set forth in this Note may be waived, amended, or modified only by a writing signed by the Maker and the Holder. No delay in the exercise of any power, right, or remedy operates as a waiver thereof, nor shall any single or partial exercise of any other power, right, or remedy. 9. IT 1S HEREBY CERTIFIED AND RECITED that all conditions, acts, and things required to exist, happen, and be perfonned precedent to or in the issuance of this Note do exist, have happened, and have been performed in regular and due form as required by law. [The remainder of this page is intentionally blank.] MN325'46738385.v2 B_2 IN WITNESS WHEREOF, the Maker has caused this Note to be duly execut TIT vex i — day of 72021. RRG HOLDINGS LLC By: Its [SIGNATURE PAGE FOR PROMISSORY NOTE - RRG HOLDINGS LLCJ MN32546'+738385.%2 B-3 EXHIBIT C MORTGAGE THIS MORTGAGE (the "Mortgage") made as of the _ day of , 2021 by RRG Holdings LLC, a Minnesota limited liability company, 1301 Cedar Street, Monticello, Minnesota 55362 (hereinafter designated as the "Mortgagor"), in favor of City of Monticello Economic Development Authority, a public body corporate and politic and a political subdivision of the State of Minnesota located at is 505 Walnut Street, Suite 1, Monticello, Minnesota 55362 (hereinafter designated as the "Lender"). WITNESSETH: Mortgagor owes Lender the principal sum of $ 140,000. This debt is evidenced by a promissory note of even date herewith (the "Note"). This Mortgage secures to Lender: (a) the repayment,of the deb evidenced by the Note, and all renewals, extensions, and modifications of the Note; (V) the pa} em of all Aer sums, advanced to protect the security of this Mortgage; and (c) the performance of Mortgagor's covenants and agreements under this Mortgage and the Note. For this purpose, Mortgagor does hereby mortgage, grant and convey to Lender, with power of sale, the real property located in Wright County, Minnesota and fully described in the attached Exhibit A, together with all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements .and additions shall Also be covered by this Mortgage. All of the foregoing is referred to i�l f1h Mortgage as the "-Property" MORTGAGOR COVENANTS that Mortgagor will warrant and defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. Mortgagor and Lender agree as follows: 1. PAYMENT OF PRINCIPAL AND INTEREST- LATE CHARGES. Mortgagor shall promptly pay when due the principal of and interest on the debt evidenced by the Note and any l-4te charges due under the Note. 2. SUBORDINATION. This Mortgage is subordinate to (a) the Mortgage given by Mortgagor to CorTrust Bank, Monticello, Minnesota, dated as of the date hereof and recorded herewith; and (b) the Mortgage given by Mortgagor to SBA 504 Lender CMDC, Andover, Minnesota dated as of the date hereof and recorded herewith. 3. INTERCREDITOR AGREEMENT. This Mortgage is subject to an lntercreditor Agreement between the Lender and the Initiative Foundation dated as of the date hereof and recorded herewith. 4. HAZARD OR PROPERTY INSURANCE. Mortgagor shall keep the improvements now existing or hereafter erected on the Property insured against loss by fire and MN325A6',738385.%-2 C- I any other hazards for which Lender requires insurance. This insurance shall be maintained in the amounts and for the periods that Lender reasonably requires. The insurance carrier providing the insurance shall be chosen by Mortgagor subject to Lender's approval, which shall not be unreasonably withheld or delayed. If Mortgagor fails to maintain coverage described above, Lender may, at Lender's option, obtain coverage to protect Lender's rights in the Property in accordance with paragraph 5. All insurance policies and renewals shall be reasonably acceptable to Lender and shall include a standard mortgage clause. If Lender requires, Mortgagor shall promptly give to Lender all receipts of paid premiums and renewal notices. In the event of loss, Mortgagor shall give prompt notice to the insurance carrier and Lender. Lender may make proof of loss if not made promptly by Mortgagor. If under paragraph 16 the Property is acquired by Lender, Mortgagor's right to any insurance policies and proceeds resulting from damage to the Property prior to the acquisition shall pass to Lender to the extent of the sums secured by this Mortgage immediately prior to the acquisition. 5. PROTECTION OF THE PROPERTY. Mortgagor shall not destroy or damage the Property or commit waste on the Property. Mortgagor shall be in default if any forfeiture action or proceeding, whether civil or criminal, is begun that in Lender's good faith judgment could result in forfeiture of the Property or otherwise materially impair the lien created by this Mortgage or Lender's security interest. Mortgagor may cure such a default and reinstate, as provided in paragraph 13, by causing the action or proceeding to be dismissed with a ruling that, in Lender's good faith detennination, precludes forfeiture of the Mortgagor's interest in the Property or other material impairment of the lien created by this Mortgage or Lender's security interest. Mortgagor shall also be in default if Mortgagor gave materially false or inaccurate inforination or statements to Lender in connection with the loan evidenced by the Note. 6. PROTECTION OF LENDER'S RIGHTS IN THE PROPERTY. if Mortgagor fails to perform the covenants and agreements contained in this Mortgage, or there is a legal proceeding that may significantly affect Lender's rights in the Property (such as a proceeding in bankruptcy, condemnation, or forfeiture), Lender may do and pay for whatever is necessary to protect the value of the Property and Lender's rights in the Property. Lender's actions may include paying any sums secured by a lien which has priority over this Mortgage, appearing in court, paying reasonable attorneys' fees, and entering on the Property to make repairs. Although Lender may act under this paragraph 5, Lender is not required to do so. Any amounts disbursed by Lender under this paragraph 5 shall become additional debt of Mortgagor secured by this Mortgage. Unless Mortgagor and Lender agree to other terms of payment, these amounts shall bear interest from the date of disbursement at a rate equal to the interest rate on the Note and shall be payable, with interest, upon notice from Lender to Mortgagor requesting payment. 7. INSPECTION. Lender or its agent may make reasonable entries upon and inspections of the Property. MN325+46.738385.v2 C_2 S. CONDEMNATION. The proceeds of any award or claim for damages, direct or consequential, in connection with any condemnation or other taking of any part of the Property, or for conveyance in lieu of condemnation, are hereby assigned and shall be paid to Lender. In the event of a total taking of the Property, the proceeds shall be applied to the sums secured by this Mortgage, whether or not then due, with any excess paid to Mortgagor. In the event of a partial taking of the Property in which the fair market value of the Property immediately before the taking is equal to or greater than the amount of the sums secured by this Mortgage immediately before the taking, unless Mortgagor and Lender otherwise agree in writing, if any, the sums secured by this Mortgage shall be reduced by the amount of the proceeds multiplied by the following fraction: (a) the total amount of the sums secured immediately before the taking, divided by (b) the fair market value of the Property immediately before the taking. Any balance shall be paid to Mortgagor. In the event of a partial taking of the Property in which the fair market value of the Property immediately before the taking is less than the amount of the sums secured immediately before the taking, unless Mortgagor and Lender otherwise agree in writing or unless applicable law otherwise provides, the proceeds shall be applied to the sums secured by this Mortgage whether or not the sums are then due. 9. FORBEARANCE BY LENDER NOT A WAIVER. Any forbearance by Lender in exercising any right or remedy shall not be a waiver of or preclude the exercise of any right or remedy. 10. SUCCESSORS AND ASSIGNS BOUND. The covenants and agreements of this Mortgage shall bind and benefit the successors and assigns of Lender and Mortgagor. 11. LOAN CHARGES. If the loan secured by this Mortgage is or becomes subject to a law which sets maximum loan charges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected in connection with the loan exceed the permitted limits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the charge to the permitted limit; and (b) any sums already collected from Mortgagor which exceeded permitted limits will be refunded to Mortgagor. Lender may choose to make this refund by reducing the principal owed under the Note or by making a direct payment to Mortgagor. If a refund reduces principal, the reduction will be treated as a partial prepayment under the Note. 12. NOTICES. Any notice to Mortgagor provided for in this Mortgage shall be given by delivering it personally or by mailing it by first class United States mail, postage prepaid, return receipt requested. The notice shall be directed to the Mortgagor at the Mortgagor address first written above, or any other address Mortgagor designates by notice to Lender. Any notice to Lender shall be given or mailed to the Lender address first written above, or any other address Lender designates by notice to Mortgagor. Any notice provided for in this Mortgage shall be deemed to have been given to Mortgagor or Lender when given as provided in this paragraph. 13. GOVERNING LAW; SEVERABILITY. This Mortgage shall be governed by the law of the state of Minnesota. In the event that any provision or clause of this Mortgage or the MN325+01,738385.%•2 C-3 Note conflicts with applicable law, such conflict shall not affect other provisions of this Mortgage or the Note which can be given effect without the conflicting provision. To this end, the provisions of this Mortgage and the Note are declared to be severable. 14. MORTGAGOR'S RIGHT TO REINSTATE. If Mortgagor meets certain conditions, Mortgagor shall have the right to have enforcement of this Mortgage discontinued at any time prior to the earlier of (a) 5 days before sale of the Property pursuant to any power of sale contained in this Mortgage; or (b) entry of a judgment enforcing this Mortgage. Those conditions are that Mortgagor: (a) pays Lender all sums which then would be due under this Mortgage and the Note as if no acceleration had occurred; (b) cures any default of any other covenants or agreements; (c) pays all expenses incurred in enforcing this Mortgage, including, but not limited to, reasonable attorneys' fees; and (d) takes such action as Lender may .rg�ascnably require to assure that the lien of this Mortgage, Lender's rights in the Property and Mortgagor's obligation to pay the sums secured by this Mortgage shall continue unchanged. Upon reinstatement by Mortgagor, this Mortgage and the obligations secured hereby shall remain fully effective as if no acceleration had occurred. 15. HAZARDOUS SUBSTANCES. Mortgagor shall not cause or pen -nit the presence, use, disposal, storage, or release of any hazardous substances on or in the Property, except those solvents, oils, cleaning materials, and other substances as are used in the ordinary course of Mortgagor's business. Mortgagor shall not do, and will use its best efforts not to allow anyone else to do, anything affecting the Property that is in violation of any environmental law. Mortgagor shall promptly give Lender written notice of any investigation, claim, demand, lawsuit, or other action by any governmental or regulatory agency or private party involving the Property and any hazardous substance or environmental law of which Mortgagor has actual knowledge. If Mortgagor learns, or is notified by any governmental or regulatory authority, that any removal or other remediation of any hazardous substance affecting the Property is necessary, Mortgagor shall promptly take all necessary remedial actions in accordance with that environmental law. As used in this paragraph 14, "hazardous substances" are those substances defined as toxic or hazardous substances by environmental law and the following substances: gasoline, kerosene, other flammable or toxic petroleum products, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials. As used in this paragraph 14, "environmental law" means federal or state laws that relate to environmental protection. 16. ACCELERATION; REMEDIES. Lender shall give notice to Mortgagor prior to acceleration following Mortgagor's breach of any covenant or agreement in this Mortgage. The notice shall specify: (a) the default; (b) the action required to cure the default; (c) a date, not less than 30 days from the date the notice is given to Mortgagor by which the default must be cured, provided, however, if Mortgagor is diligently pursuing a cure, Mortgagor shall have such additional time as is reasonably necessary to complete the cure; and (d) that failure to cure the default on or before the date specified in the notice may result in acceleration of the sums secured by this Mortgage and sale of the Property. The notice shall further inform Mortgagor of the right to reinstate after acceleration and sale. if the default is not cured on or before the date MN325'A0G 738385.Q C_4 specified in the notice, Lender at its option may require immediate payment in full of any sums secured by this Mortgage without further demand and may invoke the power of sale and any other remedies permitted by law. Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided in this paragraph 16, including, but not limited to, reasonable attorneys' fees. If Lender invokes the power of sale, Lender shall cause a copy of a notice of sale to be served upon any person in possession of the Property. Lender shall publish a notice of sale, and the Property shall be sold at public auction in the manner prescribed by law. Lender or its designee may purchase the Property at any sale. The proceeds of the sale shall be applied in the following order: (a) to all expenses of the sale, including, but not limited to, reasonable attorneys' fees; (b) to all sums secured by this Mortgage; and (c) any excess to the person or persons legally entitled to it. 17. RELEASE OF MORTGAGE. t;pon payment of all sums secured by this Mortgage, Lender shall discharge this Mortgage without charge to Mortgagor. Mortgagor shall pay any recordation costs. (The remainder of this page is intentionally blank.) MN32546'73SW.Q C_5 IN TESTIMONY WHEREOF, Mortgagor has hereunto set its hand the day and year first above written. RRG HOLDINGS LLC By: Its STATE OF MINNESOTA ) ) ss. COUNTY OF WRIGHT ) The foregoing instrument was acknowledged before me this — day of , 2021, by the of RRG Holdings LLC, a Minnesota limited liability company, on behalf of the company. SIGNATURE OF PERSON TAKING ACKNOWLEDGMENT NOTARIAL STAMP OR SEAL (OR OTHER TITLE OR RANK) This document drafted by: Kennedy & Graven, Chartered (MNI) I50 South Fifth Street, Suite 700 Minneapolis, MN 55402 (612)337-9300 FAILURE TO RECORD OR FILE THIS MORTGAGE MAY AFFECT THE PRIORITY OF THIS MORTGAGE MN32546'�739385.N2 C_b EXHIBIT A TO MORTGAGE Legal Description of Property That properly located in the City of Monticello, Wright County, Minnesota and legally described as follows: Lot 1, Block 1, Kampschroer Addition. Mw325%46 7383R5 v2 (` -7 EXHIBIT D GUARANTY GUARANTY AGREEMENT This Guaranty Agreement is made and entered into this _ day of , 2021, by Cory Kampschroer, Jessica Kampschroer, Ellen Halvorson, and Jason Halvorson, natural persons (together, the "Guarantor"), for the benefit of City of Monticello Economic Development Authority ("Lender"), a public body corporate and politic and a political subdivision of the State of Minnesota. WITNESSETH: WHEREAS, RRG Holdings LLC (the "Owner") proposes to borrow the sum of $140,000 from Lender to finance a portion of the costs of acquisition of property located in the City of Monticello, Minnesota (the "City") and legally described at Exhibit A hereto ("Property"); and WHEREAS, pursuant to the Loan Agreement between Owner, Sota Car Wash LLC ("Operator") and Lender dated as of , 2021 (the "Loan Agreement"), Owner and Operator have agreed to repay to Lender $140,000 together with interest thereon at the rate and within the time stated in Owner's promissory note of even date herewith ("Note"), additionally secured by that certain Mortgage of evw dato herewith given by the Owner to the Lender (the "Mortgage"); and WHEREAS, to secure payment of the Note, Lender has required, and Guarantor has agreed to provide, a personal guaranty of the indebtedness of Owner above described; and WHEREAS, Guarantor will receive a direct financial benefit from the loan to Owner by Lender pursuant to the Note. NOW, THEREFORE, to induce Lender to make the loan to Owner, Guarantor hereby covenants and agrees with Lender, for the benefit of all who at any time become holders of the Note, as follows: Section L L Guarantor hereby unconditionally guarantees to Lender for the benefit of the Holder (as defined in the Note) from time to time of the Note: (a) the full and prompt payment of the principal of the Note when and as the same shall become due, whether at the stated maturity thereof, by acceleration or otherwise; (b) the full and prompt payment of any interest on the Note when and as the same shall become due; and (c) any other amounts due Lender under the Loan Agreement or the Note. All payments shall be paid in lawful money of the United States of America. Each and every default in payment of the principal of or interest on the Note shall give rise to a separate cause of action hereunder, and separate suits may be brought hereunder as each cause of action arises. MN325',46\736385.Q D-1 Section 1.2. The obligations of Guarantor under this Guaranty shall be absolute and unconditional and shall remain in full force and effect until the entire principal of and interest on the Note shall have been paid, and such obligations shall not be affected, modified, or impaired upon the happening from time to time of any event, including, without limitation, any of the following: a. The compromise, settlement, or release of less than all of the obligations, covenants, or agreements of Owner under the Note; b. The failure to give notice to any person of the occurrence of an event of default under the terms and provisions of this Guaranty or the Note executed by Owner: C. The extension of the time for payment of principal of or interest on the Note or under this Guaranty; d. Any failure, omission, delay, or lack on the part of Lender to enforce, assert or exercise any right, power, or remedy conferred on Lender in this Guaranty or other instruments executed and delivered in connection with the loan contemplated thereby, or any other act or acts on the part of Lender or any of the holders from time to time of the Note; e. The default or failure of Guarantor to perform any of the obligations set forth in this Guaranty. Section 1.3. No set-off, counterclaim, reduction, or diminution of any obligation, or any defense of any kind or nature that Owner has or may have shall be available hereunder to Guarantor against Lender. Section 1.4. In the event of a default in the payment of principal of the Note when and as the same shall become due, whether at the stated maturity thereof, by acceleration or otherwise, or in the event of a default in the payment of any interest on the Note when and as the same shall become due, or upon the occurrence and continuance of any Event of Default under the Agreement, Lender may proceed hereunder; and Lender, in its sole discretion, shall have the right to proceed first and directly against the Guarantor for the full amount due without proceeding against or exhausting any other remedies it may have as to Owner. Section 1.5. Guarantor hereby expressly waives notice from Lender or the holders from time to time of the Note of acceptance of or any reliance upon this Guaranty. Guarantor agrees to pay all the costs, expenses, and fees, including attorneys' fees, which may—bciincurred by Lender in enforcing or attempting to enforce this Guaranty whether the wille- 14hrin ba mfrirced by suit or otherwise. Section 1.6. This Guaranty is entered into by Guarantor with Lender for the benefit of Lender and the holders from time to time of the Note, all of whom shall be entitled to enforce performance and observance of this Guaranty. Section 1.7. Guarantor is duly authorized and empowered to execute, deliver, and perform M N325a6.738385.%,2 D-Z this Agreement and to borrow money from Lender. Section 1.8. The performance or observance of any promise or condition set forth in this Guaranty may be waived, amended, or modified only by a writing signed by Guarantor and Lender. No delay in the exercise of any power, right, or remedy operates as a waiver thereof, nor shall any single or partial exercise of any other power, right, or remedy. Section 1.9. This Guaranty is made and shall be governed in all respects by the laws of the state of Minnesota. Any disputes, controversies, or claims arising out of this Guaranty shall be heard in the state or federal courts of Minnesota, and all parties to this Guaranty waive any objection to the jurisdiction of these courts, whether based on convenience or otherwise. Section 1.10. If any provision or application of this Guaranty is held unlawful or unenforceable in any respect, such illegality or unenforceability shall not affect other provisions or applications that can be given effect, and this Guaranty shall be construed as if the unlawful or unenforceable provision or application had never been contained herein or prescribed hereby. Section 1.11. All notices required hereunder shall be given by depositing in the U.S. mail, postage prepaid, certified mail, return receipt requested, to the following addresses (or such other addresses as either party may notify the other): To Lender: City of Monticello Economic Development Authority 505 Walnut Street, Suite 1 Monticello, MN 55362 Attn: Executive Director To Guarantor: Cory Kampschroer 682 55`h Street NE Buffalo, MN 55313 Jessica Kampschroer 682 55`h Street NE Buffalo, MN 55313 Ellen Halvorson 5392 Braddock Avenue NE Buffalo, MN 55313 Jason Halvorson 5392 Braddock Avenue NE Buffalo, MN 55313 Section 1.12. This Guaranty constitutes the complete and exclusive statement of all mutual understandings between the parties with respect to this Guaranty, superseding all prior or contemporaneous proposals, communications, and understandings, whether oral or written, MN325'46.739385.Q D-3 concerning the Guaranty. Nothing contained herein shall effect or impair Lender's rights under the Loan Agreement, the Note, or the Mortgage. Section 1.13. The obligation of each Guarantor under this Guaranty shall be joint and several with the obligations of each other Guarantor, shall be binding upon the heirs and estate of all the Guarantors, and shall survive the death, divorce, or any other change in situation or relationship of the Guarantors. (The remainder of this page is intentionally blank; signatures follow.) MN325 4G',738 385.N•2 D_4 IN WITNESS WHEREOF, each Guarantor has caused this Guaranty to be executed as of the date first above written. Cory Kampschroer, Jessica Kampschroer Ellen Halvorson Jason Halvorson [SIGNATURE PAGE FOR GUARANTY1 MN325,46,738385,Q D-5 EDA RESOLUTION NO.2021-11 RESOLUTION APPROVING A GMEF LOAN AGREEMENT BETWEEN THE CITY OF MONTICELLO ECONOMIC DEVELOPMENT AUTHORITY, RRG HOLDINGS LLC, AND SOTA CAR WASH LLC BE IT RESOLVED BY the Board of Commissioners ("Board") of the City of Monticello Economic Development Authority (the "Authority") as follows: Section 1. Recitals. 1.01. The Authority administers its Greater Monticello Enterprise Fund ("GMEF") revolving loan program pursuant to its authority under Minnesota Statutes, Sections 469.090 to 469.1081, as amended (the `EDA Act'), in order to assist Monticello businesses in financing certain economic development activities that result in the creation of jobs. 1.02. RRG Holdings LLC and Sota Car Wash LLC (together, the `Borrower") has requested financial assistance from multiple lenders, including the Authority, in connection with the acquisition of certain real property located in the City of Monticello, Minnesota (the "City") and legally described at Exhibit A hereto (the "Property"), demolition of an existing structure, and construction of a new car wash facility to be located on the Property (the "Project'). 1.03. The Authority and the Borrower desire to enter into a loan agreement (the "Loan Agreement") wherein the Authority agrees to make a loan to the Borrower of GMEF funds in the maximum amount of $140,000 (the "Loan") to pay a portion of the costs of acquisition of the Property (the "Project Costs") in connection with the Project. 1.04. The loan will be evidenced by a promissory note (the "Note") and secured by a personal guaranty of Cory Kampschroer, Jessica Kampschroer, Ellen Halvorson, and Jason Halvorson (the "Guaranty"), and a Mortgage (the "Mortgage" and together with the Loan Agreement, the Note, and the Guaranty, the "Loan Documents"), to be executed and delivered to the Authority by the Borrower. 1.05. The terms of the Loan Agreement and Note shall conform to the Amended GMEF Guidelines approved by the Authority on July 24, 2017, including wages at a level equal to at least 160% of the federal minimum wage, a tern of the loan of ten years, and a fixed interest rate of 1.25%. Section 2. Loan Documents A t�hor; 2.01. The Authority hereby approves the Loan Documents in the form presented to the Board, and authorizes execution of the Loan Agreement, subject to modifications that do not alter the substance of the transaction and that are approved by the President and Executive Director, provided that execution of the Loan Agreement by such officials shall be conclusive evidence of approval. MN325\46\74 K 12.v2 Approved this 25th day of August, 2021, by the Board of Commissioners of the City of Monticello Economic Development Authority. Presider ATTEST: N N325\46\741912A From: Jim Thares To: Julie Chenev Subject: FW: Project FCW (Fast Car Wash) - RRG Holdings, LLC and Sota Car Wash - GMEF Loan Approval - $140,000 Date: Wednesday, September 1, 2021 8:00:47 AM FYI - $140,000 GMEF Loan From: Randy Voeller <rvoeller@cortrustbank.com> Sent: Tuesday, August 31, 2021 5:00 PM To: Jim Thares <Jim.Thares@ci.monticello.mn.us>; Dan Bullert <dbullert@ifound.org> Subject: RE: Project FCW (Fast Car Wash) - RRG Holdings, LLC and Sota Car Wash - GMEF Loan Approval - $140,000 Jim Custom Title Services, LLC here in Monticello will be handling the closing. 9766 Fallon Ave., Suite 103, Monticello, MN 55632 From: Jim Thares<Jim.TharesPci.monticello.mn.us> Sent: Tuesday, August 31, 2021 4:56 PM To: Dan Bullert <dbullertPifound.org>; Randy Voeller <rvoellerl@cortrustbank.com> Subject: FW: Project FCW (Fast Car Wash) - RRG Holdings, LLC and Sota Car Wash - GMEF Loan Approval - $140,000 WARNING: This email originated outside of the CorTrust Bank email system. DO NOT click links or open attachments unless you recognize the sender and you are expecting the message. Hi Dan or Randy, I am checking in on this file and the status of the loan(s)? The process to get a check is well.... somewhat bureaucratic and I have to start to steps to process and clear a check for the loan closing on Thursday morning (9-2-21). The information I am looking for to complete the disbursement vouch is the name of the title company (and address) that will be handling the loan closing? I am still under the belief that the closing is scheduled for September 16 or 17, 2021. Let me know if you have any questions of me. Thank you and best regards. From: Jim Thares Sent: Monday, August 30, 2021 4:11 PM To: Dan Bullert <dbullert(@ifound.org> Cc: Randy Voeller <rvoeller(@cortrustbank.com> Subject: FW: Project FCW (Fast Car Wash) - RRG Holdings, LLC and Sota Car Wash - GMEF Loan Approval - $140,000 Hi Dan, I hope things went well at your IF Loan Committee meeting. Presuming the Sota Car Wash Loan was approved, please send the Intercreditor Agreement to me at your earliest convenience. Thank you and best to you. From: Jim Thares Sent: Wednesday, August 25, 20213:29 PM To: Randy Voeller <rvoeller(@cortrustbank.com>; Dan Bullert <dbullertna ifound.org> Subject: Project FCW (Fast Car Wash) - RRG Holdings, LLC and Sota Car Wash - GMEF Loan Approval - $140,000 Good afternoon Randy and Dan, FYI — Good news! The EDA approved a GMEF Loan (gap funding) in the amount of $140,000 for RRG Holdings, LLC and Sota Car Wash, LLC this morning. The terms and conditions are as follows: Atta es: Borrower M., p nder in the negotiation and p-re insirumeni securing the loan. re -pa .None Dan, I will need the Intercreditor Agreement after the IF Loan Review Committee meeting on Thursday (presuming approval by the IF). Let me know if you have any questions. Best. Accounts Payable Transactions by Account User: Debbie.Davidson Printed: 09/22/2021 - 11:45AM Batch: 00204.09.2021 CITY �0F Moiiif(eRo Account Number Vendor Description GI, Date Check No Amount PO No 213-46301-430400 KENNEDY AND GRAVEN CHAR] General EDA - August 2021 09/28/2021 124536 454.00 213-46301-430400 KENNEDY AND GRAVEN CHAR] GMEF Loan - Car Wash - August 202 09/28/2021 124536 1,843.00 213-46301-430400 KENNEDY AND GRAVEN CHAR] GMEF Loan - Rustech - August 2021 09/28/2021 124536 1,174.00 Vendor Subtotal for Dept:46301 3,471,00 213-46301-431993 WSB & ASSOCIATES INC 2021 Economic Development Service: 09/28/2021 0 850.00 213-46301-431993 WSB & ASSOCIATES INC Downtown Redev Project - July 2021 09/28/2021 0 92.00 Vendor Subtotal for Dept:46301 942.00 213-46301-443990 DEMVI LLC Parking Lot Maintenance - Sept 2021 09/28/2021 124523 198.02 Vendor Subtotal for Dept:46301 198.02 213-46522-443989 WRIGHT CO AUDITOR-TREAS TIF 1-22 Excess Tax Increment Returr 09/28/2021 124564 183,012.00 Vendor Subtotal for Dept:46522 183,012.00 213-46542-430400 KENNEDY AND GRAVEN CHAR] Karlsburger Expansion TIF -August 2 09/28/2021 124536 708.00 Vendor Subtotal for Dept:46542 708.00 AP -Transactions by Account (09/22/2021 - 11:45 AM) Page I Account Number Vendor Description GL Date Check No Subtotal for Fund: 213 Report Total. Amount PO No 188,331.02 188,331.02 AP -Transactions by Account (09/22/2021 - 11:45 AM) Page 2 Page: 1 Kennedy & Graven, Chartered 150 South Fifth Street, Suite 700 Minneapolis, MN 55402 City of Monticello August 31, 2021 MN190-00101 General EDA Matters Through August 31, 2021 For All Legal Services As Follows: Hours Amount 8/5/2021 MNI Monticello review most recent GMEF guidelines, office 0.70 conference with L Kantner regarding same 8/16/2021 LJK Participate in monthly finance call, discuss next steps 1.00 from call with M. Ingram 8/18/2021 MNI Circulate release documents for Walker In -Store TIF 0.70 documents; phone conversation with title regarding same Total Services: $ Total Services and Disbursements: $ 147.00 16000 147.00 454.00 454.00 From: Jim Thares To: Julie Cheney Cc: Liz Lindrud Subject: RE: Kennedy & Graven (4) Date: Tuesday, September 21, 2021 10:49:02 AM Attachments: image001.ona Hi Julie, these are all okay. See coding below. From: Julie Cheney <Julie.Cheney@ci.monticello.mn.us> Sent: Monday, September 20, 2021 12:57 PM To: Jim Thares <Jim.Thares@ci.monticello.mn.us> Subject: Kennedy & Graven (4) W, Attached are the following invoices from Kennedy & Graven for August services: Inv# MN190-00101 —General EDA - $454.00 213-46301-430400 Inv# MN190-00168 — Karlsburger TIF- $708.00 213-46301-430400 Maybe a separate expense account should be set up for this one. The EDA approved an interfund loan resolution on 9-8-21 to allow future increment to reimburse expenditures that occurred 60 days prior to the Interfund Loan action being authorized. We expect Karlsburger to move forward in the next few weeks. Inv# MN325-00046 —GMEF Loan —Car Wash - $1,843.00 213-46301-430400 Inv#MN325-00047 —GMEF Loan— Rustech - $1,174.00 213-46301-430400 Okay to pay? Please provide coding for each. Thanks, Julie Cheney Finance Assistant City of Monticello 763-271-3205 CITY OF Monticello Email correspondence to and from the City of Monticello government offices is subject to the Minnesota 6overnment Data Practices Act and may be disclosed to third parties. Page: 1 Kennedy & Graven, Chartered 150 South Fifth Street, Suite 700 Minneapolis, MN 55402 Monticello EDA August 31, 2021 MN325-00046 GMEF loan - car wash Through August 31, 2021 For All Legal Services As Follows: Hours Amount 7/30/2021 LJK Reviewed J. Thares' email re: loan terms; emailed Martha 0.20 re: drafting documents 8/2/2021 LJK Drafted loan agreement; emailed J. Thares re: loan terms; 0.40 spoke with J. Thares and M. Ingram to clarify terms 8/2/2021 MNI Office conference with L Kantner regarding loan 0.30 agreement terms 8/3/2021 MNI Phone conversation with J Thares regarding rescheduling 0.10 of GMEF approvals 8/16/2021 LJK Draft loan agreement, personal guaranty and mortgage 2.50 8/16/2021 MNI Office conference with L Kantner regarding GMEF loan 0.40 document matters 8/17/2021 LJK Review J. Thares staff report; revise the loan agreement; 1.40 draft the approval resolution 8/17/2021 MNI Review loan documents; review staff report; email and 2.00 phone correspondence with J Thares regarding same 8/17/2021 MNI Review resolution approving loan; phone conversation with 0.60 J Thares regarding job and wage goals 8/30/2021 LJK Email J. Thares re: intercreditor loan agreement, prepare 0.60 authorizing resolution, mortgage, promissory note and personal guaranty for execution 8/30/2021 MNI Review final documents for GMEF loan 0.30 Total Services: 36.00 72.00 75.00 25.00 450.00 100.00 252.00 500.00 150.00 108.00 75.00 $ 1,843.00 Total Services and Disbursements: $ 1,843.00 From: Jim Thares To: Julie Chenev Cc: Liz Lindrud Subject: RE: Kennedy & Graven (4) Date: Tuesday, September 21, 2021 10:49:02 AM Attachments: image001.p_na Hi Julie, these are all okay. See coding below. From: Julie Cheney <Julie.Cheney@ci.monticello.mn.us> Sent: Monday, September 20, 202.1 12:57 PM To: Jim Thares<Jim.Thares@ci.monticello.mn.us> Subject: Kennedy & Graven (4) Jim Attached are the following invoices from Kennedy & Graven for August services: Inv# MN190-00101 —General EDA - $454.00 213-46301-430400 Inv# MN190-00168 — Karlsburger TIF- $708.00 213-46301-430400 Maybe a separate expense account should be set up for this one. The EDA approved an interfund loan resolution on 9-8-21 to allow future increment to reimburse expenditures that occurred 60 days prior to the Interfund Loan action being authorized. We expect Karlsburger to move forward in the next few weeks. Inv# MN325-00046 — GMEF Loan —Car Wash - $1,843.00 213-46301-430400 Inv#MN325-00047 — GMEF Loan — Rustech - $1,174.00 213-46301-430400 Okay to pay? Please provide coding for each. Thanks, Julie Cheney Finance Assistant City of Monticello 763-271-3205 Wl NION . - I • did . CITY`\KOF Monticello Email correspondence to and from the City of Monticello government offices is subject to the Minnesota Government Data Practices Act and may be disclosed to third parties. Page: 2 Kennedy & Graven, Chartered 150 South Fifth Street, Suite 700 Minneapolis, MN 55402 Monticello EDA August 31, 2021 MN325-00047 GMEF loan - Rustech 2021 Through August 31, 2021 For All Legal Services As Follows: i SEP 1 7 2021 Hours Amount 8/2/2021 LJK Drafted loan agreement; emailed J. Thares re: loan terms; 2.80 spoke with J. Thares and M. Ingram re: loan structure; revised loan agreement 8/2/2021 MNI Email correspondence with J Thares regarding Rustech 0.30 loan modification 8/3/2021 LJK Revise loan document; email M. Ingram re: loan 0.40 8/3/2021 MNI Review Rustech loan documents; phone conversation with 0.60 J Thares regarding same 8/4/2021 LJK Draft resolution for Rustech loan approval; discuss 0.80 resolution and loan agreement with M. Ingram 8/4/2021 MNI Review approving resolution; office conference with L 0.70 Kantner regarding GMEF guidelines issues; email to J Thares regarding same 8/5/2021 LJK Call from J. Thares, revise resolution and loan agreement, 0.30 discuss with M. Ingram, email J. Thares Total Services: 504.00 75.00 72.00 150.00 144.00 175.00 54.00 $ 1,174.00 Total Services and Disbursements: $ 1,174.00 From: Jim Thares To: Julie Chenev Cc: Liz Lindrud Subject: RE: Kennedy & Graven (4) Date: Tuesday, September 21, 2021 10:49:02 AM Attachments: image001.png Hi Julie, these are all okay. See coding below. From: Julie Cheney <Julie.Cheney@ci.monticello.mn.us> Sent: Monday, September 20, 2021 12:57 PM To: Jim Thares <Jim.Thares@ci.monticello.mn.us> Subject: Kennedy & Graven (4) Jim Attached are the following invoices from Kennedy & Graven for August services: Inv# MN190-00101 —General EDA - $454.00 213-46301-430400 Inv# MN190-00168 — Karlsburger TIF- $708.00 213-46301-430400 Maybe a separate expense account should be set up for this one. The EDA approved an interfund loan resolution on 9-8-21 to allow future increment to reimburse expenditures that occurred 60 days prior to the Interfund Loan action being authorized. We expect Karlsburger to move forward in the next few weeks. Inv# MN325-00046 —GMEF Loan —Car Wash - $1,843.00 213-46301-430400 Inv#MN325-00047 — GMEF Loan— Rustech - $1,174.00 213-46301-430400 Okay to pay? Please provide coding for each. Thanks, Julie Cheney Finance Assistant City of Monticello 763-271-3205 WIerss"11TOTATM1• u9 _ ti C Email correspondence to and from the City of Monticello government offices is subject to the Minnesota 6overnment Data Practices Act and may be disclosed to third parties. V7t 10' XI NIA : VI NUi _ 5li,if 300 r _ -7 � �r w A'I1vNt R�C:I Ej Mf . . . . . ............. City of Monticello September 3, 2021 Attw Sarah Rathlisberger. CPFO Finance Manager Project/Invoit& I R-MU641-000-7'm 505 Walnut Street, Suite 1 Reviewed by Bret Weiss Monticello. MN 55362-8831 Project Manager: James Gromberg 2021 Economic Development Services City Staff Reviewer - Jim Thares � GL Acct # 2 [ rj � I - i-I c1 , ; Professional Services from July 1, 2021 to July 31, 2021 Phase 001 2021 Economic Development Services Monthly Retainer Monthly Retainer $850 / Lump Sum Fee $10, 200 for this task. Fee Total Fee 10,200 00 Percent Complete Billings to Date 58,3333 Total Earned Previous Fee Billing Current Fee Billing Total Fee 5.950.00 5.100.00 850.00 860.00 Total this Task $850.00 Total this Phase $850.00 Total this Invoice 5850.00 Current Prior Total Fee 850.00 6,100 ;00 k, 950.00 Labor 0.00 5,899.50 5899.50 Add -on 0.00 -93.00 -93.00 Totals 850.00 10,906.50 11,756.50 From: Jim Thares To: Julie Chenev Subject: RE: WSB (2) Date: Friday; September 10, 2021 1:26:39 PM Attachments: image001.pna Hi Julie, these are both okay to pay as coded. Thank you. From: Julie Cheney <Julie.Cheney@ci.monticello.mn.us> Sent: Friday, September 10, 2021 1:15 PM To: Jim Thares <Jim.Thares@ci.monticello.mn.us> Subject: WSB (2) Jim Attached are the following invoices from WSB: Inv# R014511-000 15 - $92.00 Inv# R017641-000 7 - $850.00 Okay to pay as coded? Thanks. Julie Cheney Finance Assistant City of Monticello 763-271-3205 W aR �i�"TNTm- 11150 41. CITY \\ YOF Monticello Email correspondence to and from the City of Monticello government offices is subject to the Minnesota Government Data Practices Act and may be disclosed to third parties. /01 Xf NIA n.VrNUi 8 S..-(r 3DC MINNt' •,O' i5 MN bSd1F ON of Monticello September 3, 202 , Attn. Sarah Rathlisberger, CPFO Finance Manager Project/Invoice. R-01451,1-000 - 15 505 Walnut Street, Suite 1 Reviewed by: Bret Weiss Monticello, MN 55362-8831 Project Manager. Penny Rolf Downtown Redev. Project - Monticello City Staff Reviewer - Jim Thares Gl Acct #NIA 4.o3o1. 43?'1193 Professional Services from July 1-2021 to July 31, 2021 Phase 001 Downtown Redev. Project Relocation Assistance Services Hours Rate Amount Rolf, Pen ny 5/14/2021 .25 184.00 46.00 file work Totals .25 46.00 Total Labor 46.00 Total this Task $46.00 Acquisition Assistance Services Hours Rate Amount Rolf, Penny 7/23i2021 .25 184.00 46.00 call w/Jim Thares re: contacting owner re: offer status Totals .25 46.00 Total Labor 46.00 Total this Task $46.00 Total this Phase $92.00 Billing Limits Current Prior To -Date Total Billings 92.00 5,861.45 5,953.45 Limit 10,208.00 Remaining 4,254.55 Total this Invoice $92.00 From: Jim Thares To: Julie Cheney Subject: RE: WSB (2) Date: Friday, September 10, 2021 1:26:39 PM Attachments: image001.�na, Hi Julie, these are both okay to pay as coded. Thank you. From: Julie Cheney <Julie.Cheney@ci.monticello.mn.us> Sent: Friday, September 10, 2021 1:15 PM To: Jim Thares<Jim.Thares@ci.monticello.mn.us> Subject: WSB (2) Wo Attached are the following invoices from WSB: Inv# R014511-000 15 - $92.00 Inv# R017641-000 7 - $850.00 Okay to pay as coded? Thanks. Julie Cheney Finance Assistant City of Monticello 763-271-3205 Wl� u�"Trtim- 11114 u Email correspondence to and from the City of Monticello government offices is subject to the Minnesota Government Data Practices Act and may be disclosed to third parties. Demvi Julie Cheney From: Bullseye Property Management & Realty <mail@managebuilding.com> Sent: Tuesday, September 21, 2021 3:05 AM To: AP Subject: Lease statement for Broadway Parking Easement - COMMERCIAL - 2 as of 9/21/2021 Bullseye Property Management & Realty Categories: Red Category Lease statement as of 2021-09-21 City of Monticello Economic Development Authority 35 Lake St Suite 500 Big Lake, MN 55309 Account #: 00405914 Date Memo Amount Balance Prior balance $0.00 6/29/2021 Payment ($198.02) ($198.02) 7/1/2021 Common Area Maintenance $198.02 $0.00 8/1/2021 Common Area Maintenance $198.02 $198.02 8/5/2021 Payment ($198.02) $0.00 8/27/2021 Payment ($198.02) ($198.02) 9/1/2021 Common Area Maintenance $198.02 $0.00 10/1/2021 Common Area Maintenance $198.02 $198.02 Balance due: $198.02 Payment is due on the 28th of the month. If payment isn't received, a one-time fee equal to 8% of recurring charges will be charged on the 4th of each month. Manage your account online: http://bullseyeproperties.managebuilding.com Bullseye Property Management & Realty 763-295-6566 Buildium@bullseye411.com 1 Stay connected with the Resident Center app POVVFRFD BY Buildium CITY OF MONTICELLO VOUCHER Pleose complete, sign, and submit to Accts Payable by due date for check run. Uisb. Ck. Batch Pay by: VENDOR: .�Lr�(`J {vd,Sc-�'" Name ���i �.�eas, Address 1 Address 2 City/ST/Zip Statement/ Invoice No: - v DISTRIBUTION OF EXPENSE TOTAL: $ i_ .Cr; (`7'. CC APPROVED BY SOAA(p- voucher.xIs DATE: 9/1,47-1 CITY OF MONTICELLO, MN TAX INCREMENT FINANCING DISTRICT NO. 1-22 REVENUES, EXPENDITURES, AND CHANGES IN TAX INCREMENT BALANCE REPORTED TO OSA. AS OF FYE2019 REPORTED TO OSA, AS OF FVF2020 REVENUE OF distributed from County Intetesl income Loan/advance repayments Markel value homestead credit Lease proceeds total Revenue EXPENDITURES Pro3erl r:0,1%other than PAYGO Tax miremeni returned 10 County Bond payments Payments for PANG note or contract Payments on all other bonds interesl interest on PAYG rntoh•N on all other bonds Interest on tnlerfund loans lulal Gprnddu,es Rpvonne,. over.uraferl expendrures OTHER SOURCE AND USE OF FUNDS Ttansto in Tansters out Bonds ,,.sued iolher than refunding) Refunding bonds sued Bondsrefunded Bond discount Bond pwrolum Sales of propeov Total mhor your:,,% and uses NET CHANGE IN TIF BALANCE lax a t,ement beginning balance Tax increment ending balance 2019 Tu6d Through Poor Years Amount 2019 5.428,868 287.485 5.716,353 629,921 6,090 616 of t %AfA 51,,468 15.252 15,252 381,771 181 771 b.S12,280 293,575 6,805,855 3,831.112 6.485 3.837.S97 1,260,437 116191 1, 38(l.728 184 184 945,000 '145.04N) 701,294 49,051 750.31-0 209,S94 209.594 6.947.626 181,827 7121145c c435.346i Ii1748 f32;.59n+ 2020 Tot,.1 Through Poor yea" Arneunt 2020 5,716.35i 298.946 6.01S,299 63b.01 i 6.213 b42124 tit, a68 56468 15.15; IS 252 361 771 381 771 5,805.855 305.159 7 ill old i 817, 4^7 1.025 1.838 62 2 1 38672E 137813 ! 5.74.541 143.1 184 445,E+0(3 445.000 75n 150 t 1,3U3 70 (153 204 594 209.594 71t9.gSx 1W.141 7,779.S94 1Z a c'361 155.019 . Ih8 5801 (376.179) 076.179, 1376 !79, �376.179) 94S.000 945,000 1)4ri Il(3n 44S.D00 568,821 1,,#,8 8: 1 133.475 111748 245,2.'1 133.475 245,223 514881, 1168 9� 1 241,?7: 1".S 01a 4W r41 ASSETS Cash Taxes receivable lo-itnients Other receivahtm Propetty held for resale• Total Assets LIABILITIES Due in other 1IF districts Due to tlpll-tdx inrrement at Counts Accounts payable Deferred inflows Uoearned,evenues Total Liabilities Tar Increment balance Total Liabilities and TIF Balance BALANCE SHEET REPORTED TO OSA, AS OF REPORTED TO OSA. AS OF FYE2019 FVE2020 12/31/2018 12/31/2019 12/31/2019 IZ/11120241 206,647 247.457 247,457 400,241 163.200 163.200 369,847 410.657 73.172 2.234 163,200 163,200 23b 172 165,434 131.475 245,223 4698a7 41QbS? Designation of Ending Fund Balance: Excess muement to be returned to County increment available under 25%, pooling and 6 year rule Increment available under 10 o pooling for affordable housmq Increment not derwed from property Total Fund Balance Interfund Loan Balance Land acquisition Land acclumoon m 2015 Advanrn of fund% for ponied expenditure% Total Interfund Loan' 'EDA Resolution 02074 025 uuthonred S800,000 1 37,R 1 i f8,324) 109.644 6,090 245,223 2.134 2.134 I Age 163.200 163,20D 410.657 165,339 1.234 1,898 163.200 163,200 16S,434 165,098 245,223 400.:'41 410.657 565.3311 Im 65,387 139 539 1 Z.;03 400,'41 245.22 3 Note City did not report a "Due to Other Fund%' balance in the 2018 or the 2019 andfled financial slalpmenu. A., 400,241 mterfund loan balance i% reported to the OSA because the TIF Act does not allow for the City to use the fund balance designated for affordable noosing for otber purpose The mterfund loan must cover the advance of pooled funds for ,edevplopment purpo%es Based on tht% rectwrernent. the City did not have sufficient lun& to pay Off the mterfund loan and a balance of S8.324 ,% tepoded as ou1%land-I as of 12/ 3112019 NORTHLAND 7/12/2021 Prepared by Northland Public Finance TIF Plan As of 2023 Proj 2024 Proj VTD or Life of TIF 1-22 (Downtown District) Estimates 2021 Proj 2022 Proj Maximum 2025 Proj FYE2020 Early Deceit District (Budget) Duration Revenues Tax increment revenue 39,000,000 6,015,299 298,946 298,946 298,946 6,912,137 Interest and investment earnings fr42 224 T 6.21 s 6,213 6,213 6,213 667,076 Market Value Homestead Credit 15,252 15,252 Loan/advance repayments 56,468 56,468 Lease proceeds 381,771 381_,771 Repayment / return of tax increment Total Revenues 39,000,000 7,111,014 305,159 305,1S9 30S,1S9 6,213 - 8,032,704 Expenditures Land/building acquisition 4,275,000 2,559,798 2,5_59,798 Site improvement/preparation costs 4,275,000 164,445 164,445 Utilities 4,275,000 _8_8,441 �383,560 88,441 Other public improvements -4,27S,000 _ 383,560 Construction of affordable housing - T Temporary economic development 378,700 378,700 Authority administrative costs 1,900,000 263,675 1,025 1,025 1,02S 1,025 267,775 Total Project Expenditures 19,000,000 %838,679 1,025 11025 1,025 1,025 3,942,719 Bond principal payments on all other bonds 945,000 - - - 945,000 Bond principal payments for paygo _ 184 - 184 Bond interest payments on all other bonds 20,000,000 209,594 209,594 Bond interest payments for paygo 761,656 11,303 11,303 5,652 789,914 Interest payment on interfund loans - - - Tax increment returned to the county 624,541 183,012 181 012 183,012 188,663 - 2,262,240 Total Expenditures 39,000,000 71279,S94 195,340 195,340 189,688 189,698 - 8,049.651 Revenues Over (Under) Expenditures (168,580) 109,819 109,819 115,471 (183,475) - (16,947) Other financing Sources and Uses Transfer in - - Transfer out (376119) (37b:1} Bond issued (other than refunding bonds) 945,000 945,000 Refunding bonds issued - - Bonds refunded - - Bond discount - Bond premium - + Sales of property _ - Total Other Financing Sources and Uses - 568,821 - - _ 568,821 Net Change in Fund Balance 400,241 109,819 109,819 115,471 (183,475) 551,874 Beginning Fund Balance 400,241 510,060 619,879 735,350 S51;874 Ending Fund Balance - 400,241 510,060 619,879 735,350 551,874 551,874 S51,874 NORTHLAND PCB '!':NANrF 711212021 Prepared by Northland Public Finance TIF Plan 2024 Proj As of 2rly Proj YTD or Life of TIF 1-22 (Downtown District) Estimates 2021 Proj 2022 Proj Maximum 2025 Proj FYE2020 Early Decert District (Budget) Duration Assets Cash 400,241 510,060 619,879 735,350 551,874 SS1,874 551,874 Property held for resale 163,200 163.200 163,200 163.200 163,200 _ 163,200 163,200 Other assets 1,898 Total Assets _ 565,339 673.260 _ 783,079 _ 898.556~ 49 715,074 715,074 715,074 Liabilities Interfund loan due to non-TIF funds - - - - - Other liabilities 163,200 163,200 163,200 _ 163,200 163,200 163,200 163200 Unavailable 1.898 Total Liabilities and Deferred 165,098 163,200 163.200 163,200 163.200 163,200 163,200 Total Fund Balance 400,241 510.060 619,879 735.350 551,874 551,874 551,874 Total Liabilities and Fund Balance 565,339 673,260 783,079 898,550 715,074 715,074 715,074 Fund Balance by Purpose To be returned to County Ism 183,012 183,012 188,663 - - - Available for redevelopment projects 77,690 157,675 237,539 317,464 322,652 322,652 322.652 Available for affordable housing projects 139.539 169,434 199,328 229.223 229,223 229,223 229,223 Total Fund Balance 400.241 510.060 619,879 735,350 551,874 551,874 551,874 NORTHLAND PUBLIC FINANCE 7/12/2021 Prepared by Northland Public Finance City of Monticello August 31, 2021 MN190-00168 Karlsburger expansion TIF 2021 Through August 31, 2021 For All Legal Services As Follows: 8/18/2021 LJK Review calendar and TIF application Page: 2 Kennedy & Graven, Chartered 150 South Fifth Street, Suite 700 Minneapolis, MN 55402 _ 7 ?021 I Hours Amount 0.10 16.00 8/18/2021 MNI Review Monticello Karlsburger TIF application materials; 1.00 questions to J Thares 8/24/2021 MNI Office conference with L Kantner regarding need for 0.50 interfund loan; research and provide model documents 8/25/2021 LJK Draft interfund loan resolution; email M. Ingram re: next 1.00 steps, email J Thares and T Omdahl 8/25/2021 MNI Review revised calendar of events; email correspondence 0.30 with EDA staff, Northland regarding same 8/31/2021 LJK Email J. Thares draft of interfund loan resolution, ask for 0.20 dollar amount; received dollar amount from J Thares, updated resolution; sent resolution to working group 8/31/2021 MNI Office conference with L Kantner regarding IF loan 0.20 resolution amount. Total Services: 250.00 125.00 160.00 75.00 32.00 50.00 $ 708.00 Total Services and Disbursements: $ 708.00 From: Jim Thares To: Liz Lindrud Cc: Julie Chenev Subject: RE: Kennedy & Graven (4) Date: Tuesday, September 21, 2021 3:09:15 PM Attachments: image001.pna Okay, that is great. I guess we are all smarter than we realize. From: Liz Lindrud <Liz.Lindrud @ci.monticello.mn.us> Sent: Tuesday, September 21, 2021 2:01 PM To: Jim Thares <Jim.Thares@ci.monticello.mn.us>; Julie Cheney <Julie.Cheney@ci.monticello.mn.us> Subject: RE: Kennedy & Graven (4) Jim, Per our conversation, I noticed we already did set up a code for the Karlsburger TIF — 213-46542- 430400. So Julie can use that instead of the 213-46301-430400. Thanks! Liz From: Jim Thares <Jim.TharesCai)ci.monticello.mn.us> Sent: Tuesday, September 21, 2021 10:49 AM To: Julie Cheney <Julie.CheneyCcDci.monticello.mn.us> Cc: Liz Lindrud <Liz.Lindrud(@ci.monticello.mn.us> Subject: RE: Kennedy & Graven (4) Hi Julie, these are all okay. See coding below. From: Julie Cheney <Julie.Cheney(@ci.monticello.mn.us> Sent: Monday, September 20, 2021 12:57 PM To: Jim Thares <Jim.Thares(@ci.monticello.mn.us> Subject: Kennedy & Graven (4) Jim Attached are the following invoices from Kennedy & Graven for August services: Inv# MN190-00101 —General EDA- $454.00 213-46301-430400 Inv# MN190-00168 —Karlsburger TIF- $708.00 213-46301-430400 Maybe a separate expense account should be set up for this one. The EDA approved an interfund loan resolution on 9-8-21 to allow future increment to reimburse expenditures that occurred 60 days prior to the Interfund Loan action being authorized. We expect Karlsburger to move forward in the next few weeks. Inv# MN325-00046 —GMEF Loan —Car Wash - $1,843.00 213-46301-430400 Inv#MN325-00047 — GMEF Loan — Rustech - $1,174.00 213-46301-430400 Okay to pay? Please provide coding for each. Thanks, Julie Cheney Finance Assistant City of Monticello 763-271-3205 I:11 ��•� .-1• of Email correspondence to and from the City of Monticello government offices is subject to the Minnesota Government Data Practices Act and may be disclosed to third parties. Accounts Payable Transactions by Account User: Debbie.Davidson Printed: 09/16/2021 - 9:53AM Batch: 00201.09.2021 moCITYiicello Now0h, -- Account Number Vendor Description GL Date Check No Amount PO No 213-46301-433100 US BANK CORPORATE PMT SYS EDAM - 2021 Fall Conference 9/29 - 09/15/2021 0 340.00 Vendor Subtotal for Dept:46301 340.00 213-46301-438200 CITY OF MONTICELLO 7256-004 - 130 Brdwy- Stormwtr 09/15/2021 0 19.25 213-46301438200 CITY OF MONTICELLO 7256-007 - 103 Pine St- EDA 09/15/2021 0 37.97 213-46301438200 CITY OF MONTICELLO 7256-008 - 112 River St. W EDA 09/15/2021 0 37.97 Vendor Subtotal for Dept:46301 95.19 213-46301-443990 US BANK CORPORATE PMT SYS Monti Chamber - August Lunch (JT) 09/15/2021 0 15.00 Vendor Subtotal for Dept:46301 15.00 Subtotal for Fund: 213 450.19 Report Total: 450.19 AP -Transactions by Account (09/16/2021 - 9:53 AM) Page 1 Vendor�j`� Date of Transaction CITY OF MONTICELLO City Hall Card Transaction Please attach the invoice/receipt and any other available documentation to this form. To be completed by purchaser: 00 Amount $ 340 Circle purchaser name: Tracy Ergen Vicki Leerhoff Rachel Leonard Sarah Rathlisberger Jennifer Schreiber Angela Schumann Jim Thares Beth Green Liz Lindrud Haley Foster Trevor Mack Special Project # or Description Circle department code: 101-41110 101-41310 101-41410 101-41520 101-41800 101-41910 101-41920 101-41940 213-46500 213-46301 702-00000 Circle expense code: City Council Administration City Clerk/Elections Finance Human Resources Planning and Zoning Data Processing Cit Hall Economic Development HRA Central IT 421990 General Operating Supplies 431950 Newsletter Services 431990 Miscellaneous Prof Services 432200 Postage 33100 rave rainin x en 443300 Dues Membership & Subscrip 443700 Licenses and Permits 443990 Misc. Other Expense Other Jim Thares From: info@edam.org Sent: Thursday, September 2, 2021 12:36 PM To: Jim Thares Subject: Order Confirmation Dear Jim, Thank you for your order! Your purchase helps support our organization and we appreciate your business. Here are the details of your order. Please retain this email for your records. Order Number: 709 Order Date: Sep 2, 2021 12:03 PM Bill To: Jim Thares, EDFP I MA Order Total: 340.00 Payment Method: VISA **"*****"'**1834 Name on Card: James Thares Item Price Qty Total 2021 Fall Conference - Jim Thares, EDFP I MA 340.00 1 340.00 When: Sep 29, 2021 8:00 AM - Oct 1, 2021 12:00 PM Where: DECC: Duluth Entertainment Convention Center 350 Harbor Drive Duluth, 55802 Registration option: Sep 29, 2021 - Full Conference Thank you again for your support! Item Total 340.00 Shipping 0.00 Handling 0.00 Item Grand Total 340.00 Transaction Grand Total 340.00 i EDAM 2021 Fall Conference Event Schedule Wed, Sep 29, 2021 4:00pm Welcome Reception Hosted by the Emerging Professionals & Member Services Committees O 4:00pm • S:OOpm, Sep 29 Start your conference experience with a casual reception that will give you a chance to reunite with old friends and colleagues or make new connections. The Emerging Professionals and Member Services Committees will be ready to welcome you! Appetizers and beverages will be served. The Emerging Professionals Committee is comprised of economic development professionals with a variety of backgrounds, levels of education, andjob history, with 70years or less experience in the economic development field. Knowing the importance of networking and the challenges and unanswered questions those new to the industry have when entering the workforce, this group acts as on agent to provide advice, job seeking resources and additional education opportunities and troinings. learn more 5:00pm Post -Pandemic Trends in Real Estate & Construction O S:OOpm - 6:00pm, Sep 29 1.0 AICP credit This session will bring together professionals from construction, development, and architecture for a conversation about how each industry has been affected by the pandemic and related factors. The discussion will include the positives and negatives, how each has had to change to stay operational and competitive, and what they see on the horizon going forward i J Moderator OV Megan Barnett-Livgard Director of Business Development, Kraus -Anderson v-1 Speakers 0 Jason Aarsvold Senior Municipal Advisors, Ehlers Katherine Gerzina Senior Project Architect, DSGw Architects 4D Peter Jesh Principal Manager. Silver Creek Equity LLC 0 Jamison Kohout Principal Manager, Silver Creek Equity LLC a Becky Landon Founder, Landon Group A'S Chad Ronchetti Director, Project Planning and Development, Kraus -Anderson .r Steve Schwanke Partner. Inland Development Partners Thu, Sep 30, 2021 7:00a m 5K Fun Run 0 7:00am - 7:45am, Sep 30 V Canal Park Join other attendees for a fun 5K run in Canal Park! All abilities are welcome Breakfast on your own 0 7:00am 8:15am, Sep 30 7:30a m Registration 0 7:30am - 4:OOpm, Sep 30 V Harborside Lobby 8:15am President's Welcome 0 8:15am 8:30am, Sep 30 Speaker (3- Morgan Hill Market Strategist, ISG, Inc. 8:30am 2020 Census: What We've Learned and Where We're Headed 0 8:30am - 9:30am, Sep 30 AICP Crew) Breakout Session 1.0 AICP credit Economic development professionals work hand in hand with their local community members to affect positive change. What happens as those hands begin to change? Join Megan Dayton, Senior Demographer for the State of Minnesota to hear about what we have learned from the 2020 census to ensure you have a good understanding of demographic trends within your community, region, and state so you are ready to continue to champion positive change. 0 Speaker 117.0 Megan Dayton Senior Demographer, Minnesota State Demographic Center Solace Apartments: A Partnership Success Story to Create Permanent Affordable and Supportive Housing 0 8:30am - 9:30am, Sep 30 1.0 AICP credit This session will provide an overview of the Solace Apartments in St. Peter, MN, which opened it October 2018. This 30-unit affordable housing development provides 100% permanent supportive housing with onsite services targeted towards households exiting the crimmaijustice or chemical dependency treatment systems while aiming to reduce recidivism and reunifying families The project was born out of a series of ct oss sector relationships (public, private, and non-profit) that stepped outside of "business as usual" approaches to drive the project completion and success story Speakers Chad Adams CEO, Southwest Minnesota Housing Partnership k% Jennifer Lamb Supportive Housing Specialist, Southwest Minnesota Housing Partnership 9:30a m Break with Exhibitors O 9:30am - 9:45am, Sep 30 p Harborside Lobbv 9:45a m Arbor Lakes Corporate Center: Redevelopment & Re -Use of a Contaminated Site 0 9:45am - 10:45am, Sep 30 1.0 AICP credit The City of Maple Grove contact Inland Development Partners (IDP) in 2016 asking for help to redevelop the former Osseo dump site owned by the City Today the budding is leased to Abelconn Electronics and Lowe's, providing a wide range of employment opportunities while making a significant contribution to the City's tax base. This session will examine the site contamination issues, grant process and development costs. r Speakers 0 Brett Angell Economic Development Manager, City of Maple Grove Tom Shaver Partner Inland Development Partners Building a Community Brand - Way Cooler Than You Think! 0 9:45am • 10:45am, Sep 30 1.0 AiCP credit "It's cold here and there's nothing to do. Who's going to move here?" Sometimes the biggest obstacles to economic development are your own residents. So when a collaborative group of EDC, city, county, CVB, and business stakeholders got together to address workforce development issues, it was important to build a strong brand and campaign that not only attracted talent but changed the hearts and minds of local residents. 1"his presentation will explore getting the right stakeholders together, building a cohesive brand that is embraced by everyone, and the unique marketing strategies to keep it alive, using analytics and examples from the successful Grand Forks. Way Cooler than You Think campaign. r'I Speakers 0 Andrea Boe Business Development Director/Communications Practice Leader, AEZS Communications Taylor Corbett Digital Marketing Strategist, AE2S Communications 10:45am Break with Exhibitors 0 10:45am - 11:00am, Sep 30 V Harborside Lobby 11:00a m KEYNOTE * Fueling the Path to Equitable and Inclusive Development and Shared Prosperity 0 11:00am 12:00pm, Sep 30 1,0 AICP credit According to the American Community Survey and Brookings Institution, 98% of growth in the nation's 100 largest cities is from communities of color, yet segregation continues across the country and inclusive economic growth remains elusive. Economic developers are uniquely positioned to change this trajectory and drive racially equitable and inclusive development and redevelopment projects in their communities. Data -driven and community -informed strategies, policies, practices, and programs are key levers to activate while balancing the economic needs of the city and region. Tawanna A. Black, Founder and CEO of the Center for Economic Inclusion, will share examples of model municipal and county economic development projects her organization is partnering on that center equity and inclusive growth, and provide a checklist of actions to inspire economic developers as they take the next steps in this journey, i�Speaker 4 Tawanna Black Founder & Chief Executive Officer. Center for Economic Inclusion 12:00pm Lunch & Break with Exhibitors 0 12:00pm - 1.00om, Sep 30 1:OOpm Mobile Tour Group 1: Essentia Vision Northland Project 0 1:00pm - 1:45pm, Sep 30 9 Downtown Duluth (attendees are responsible for their own transportation) Because this is an active construction site, space in each mobile tour group is extremely limited for each time slot. if the tour is full and you would like to be added to the waiting list, please email info@edam.org. Essentia Health is making the largest private investment in Duluth's history as it transforms its downtown medical campus with the $900 million. Vision Northland project. loin us for a walking tour of the project, which is currently under construction Learn more about Vision Northland Safety Requirements: Closed toed shoes (athlectic shoes or boots), pants (no dressesiskirts or shorts), and masks. The project site is vothin walking distance of the DEC( (approximorely 25 minutes walking time) and directions will be provided to tour attendees. Please plan accordingly to arrive on time. Speakers Phil Johnson Project Manager. McGough Construction Dan Cebelinski Director of Facilities, Essentia Health Community Transformation: Leveraging Vacant Real Estate for Housing and Revitalization Opportunities 0 1;DOpm 2:00pm, Sep 30 1.0 AICP credit The pandemic's impact on real estate will be felt for years to come as employees buy bigger houses to work from home, and businesses downsize to save money. Affordable housing and newly acquired habits from shopping, attending events, dining out, new hobbies, workouts, more time with shorter commutes, car usage and several other factors will drive change. Many communities are dealing with the challenge of vacant or declining commercial and retail real estate values along with declining sales and property tax revenues. Affordable housing continues to be a challenge and a housing supply shortage has been making it more difficult for individuals to own and rent living space. Fortunately, when challenges are addressed strategically, they can bring new opportunities for growth in the community In this session, Baker Tilly's economic development and real estate specialists will discuss the steps and strategies developers and governments can take to revitalize the community and provide housing for the growing population, including conducting market studies and mobilizing financial tools. e1 Speakers Diana Dyste Manager, Baker Tilly 0 Terri Heaton Principal, Baker Tilly Municipal Advisors 01� Dan Kennelly Director, Baker Tilly Municipal Advisors 2:00pm Mobile Tour Group 2: Essential Vision Northland Project 0 2:00pm - 2:45pm, Sep 30 9 Downtown Duluth (attendees are responsible for their own transportation) Because this is an active construction site, space in each mobile tour group is extremely limited for each time slot. If the tour is full and you would like to be added to the waiting list, please email Infae>edam.erg. Essentia Health is making the largest private investment in Duluth's history as it transforms its downtown medical campus with the $900 million Vision Northland project. join us for a walking tour of the project, which is currently under construction. Learn more about Vision Northland Safety Requirements: Closed toed shoes (athiectic shoes or boots), pants (no oresses/skirts or shorts), and masks. The project site is within walking distance of the DECC (approximately 25 minutes walking time) and directions will be provided to tour attendees. Please plan accordingly to arrive on time. Speakers Phil Johnson Project Manager, McGough Construction Dan Cebelinski Director of Facilities, Essentia Health Break with Exhibitors 0 2:00pm - 2:1 Spm, Sep 30 V Harborside Lobby 2:15pm Leveraging Patient Community Capital for Small Businesses 0 2:15pm - 3:15om, Sep 30 1.0 AICP credit The NorthEast Investment Cooperative is an 8-year old innovative approach using a community -owned cooperative to support small businesses by leveraging patient community capital to buy, rehab, and manage real estate. This approach has been used to purchase and renovate three properties in Northeast Minneapolis, supporting growth of four small businesses and creating over 25 jobs The approach supports longer tenancy, small business stability, and democratically engages the community in its own economic development. While NEIC is located in an urban environment, the model has applications for rural Main Street properties and businesses as well. In January 2D21, Cooperative Development Services and University of Nebraska t incoln released a practitioners guide to support the use of this model in urban and rural locations This approach can be an effective tool in an economic develoeper's toolbox to support the rebuilding of small business in a COVID/post-COVID environment %I Speakers 0 Michael Darger Director, Business Retention & Expansion, University of Minnesota Extension Community Vitality 0 Kevin Edberg Cooperative Development Services (CDS) 3:15pm Break I Free Time 0 3:15pm - 7:00pm, Sep 30 7:00pm President's Reception & Dinner at the Great Lakes Aquarium 0 7 00pm - 9.00pm, Sep 30 C Great Lakes Aquarium, :anal Park LOffsite Event join us for an evening at the Great Lakes Aquarium! Explore the exhibits, enjoy dinner, network, and see who is presented with the 2021 President's Award. Fri, Oct 01, 2021 7:00am Breakfast on your own 0 7:00am - 8:30am, Oct 1 8:00a m Registration 0 8:00am 12:00pm, Oct 1 V Harborside Lobby 8:1 Sam President's Announcements 0 8:1 Sam 8:30am, Oct 1 Speaker 3 Morgan Hill Market Strategist, ISG, Inc. 8:30am Entrepreneurism in the Mille Lacs Tribal Economy 0 8:30am - 9:30am, Oct 1 1.0 AICP credit Mille Lacs Corporate Ventures (MLCV), recognizing economic challenges and declining rates of entrepreneurship in the Mille Lacs Tribal Economy, launched an initiative to build a Tribal Economy Business Incubator (TEBI) program. MLCV brought together a diverse team of organizations to explore the concept and lay the groundwork for a comprehensive inclusive program to support entrepreneurs. Partners in the work include: • Mille Lacs Corporate Ventures - A political subdivision and for -profit corporation owned by the Mille Lacs Band of Ojibwe in Minnesota: owns the properties slated for incubator development and convened the partners behind this project to conduct the necessary due diligence. • Northspan Group, Inc. - Completed background research on the Mille Lacs Tribal Economy, an extensive community engagement process in conjunction with community coordinators, and compiled the final report. • Maxfield Research - Conducted market research to assess viability of proposed uses for each of the properties. • Neighborhood Development Center - Developed proformas for the four facilities, an overall TEBI program budget, and a series of policies and procedures to guide its operation. • HyTec Construction - Completed scopes of work for construction or renovation of TEBI buildings. • Initiative Foundation - The operating partner for the TEBL • Community Coordinators - Led the coordination of securing Tribal & felon -Tribal participants for the focus groups. Also participated in focus groups and sharing their experiences in the Mille Lacs Tribal Economy. The process brought together the team's unique talents, generated enthusiasm for the initiative among both Tribal and non -Tribal residents of the Mille Lacs Tribal Economy and positioned the project to pursue Federal funding. This panel brings together the partners on the project to share how they put together this complex initiative and worked to set up entrepreneurs for success. t- Speakers i Carolyn Beaulieu Member, Mille Lacs Band of Ojibwe M� Mitch Feierabend Owner/General Manager, HyTec Construction Dustin Goslin Vice President of Business & Economic Development, Mille Lacs_ Corporate Ventures (MLCV) Beth Gruber Director of Planning & Community Engagement, Mille Lacs Corporate Ventures Elissa Hansen President & CEO.'vorthspan Grovp, Inf. s Bradley Harrington Members & CEO, Mille Lacs Band of Ojibwe & Wenjr-bimaadidng Media, LLC 0 Matt Mullins vice President & Business Development, Maxfield Research i r1 Mihailo (Mike) Temali Founder & CEO, Neighbornood Development Center 6 Suzanne Wise Member, Mille Lacs Band of Ojbwe Put Your Money Where Your Mouth Is: Transforming Programs and Policy to Advance an Inclusive Economy 0 8:30am - 930am, Oct t 1.0 AICP credit In the past year, the city of Brooklyn Park's economic development program has shifted towards wealth building and investment in enhancing the lives of existing residents and growing existing small businesses. Come learn concrete changes your city car make in the realm of housing policy, business finance, and development subsidy changes towards economic inclusion, anti -displacement, and wealth creation by applying an equity lens. K Speakers D 1'I9 John Kinara Housing & Economic Development Specialist, City of Brooklyn Park Daniela Lorenz Business Development Coordinator, City of Brooklyn Park 9:30am Break with Exhibitors U 9:30am 9:45am, Oct 1 9 Harborside Lobby 9:45am New Waves on the Lake: Post -Pandemic Real Estate in Northeast Minnesota O 9:45am 10:45am, Oct 1 1.0 AICP credit There has been no shortage of press on the effects of the Covid-19 pandemic on the real estate market in major cities. But how has Greater Minnesota weathered the storm, and how are its communities positioned to take advantage of a changing economic reality? Northeast Minnesota offers the perfect test case to explore these changing realities, as it includes markets such as the Duluth metro, the towns of the Iron Range, and rural destinations such as the North Shore. This panel will explore the real estate market in northeast Minnesota with a special emphasis on the changes in the commercial market since the start of the pandemic. Insights from Northland Connection, a regional program that hosts a commercial real estate database and provides background data and information to support economic development efforts, will supplement the insights of some of the region's leading realtors and brokers. •F: Speakers 0 Steve Bragg Business Broker, Calhoun Companies it Greg Follmer Owner/Broker, Follmer Commercial Real Estate 0 Karl Schuettler Research Director & Consultant, Northspan Group, Inc. is Beth WentZlaff President, CMRA, LLC 4 Andrea Zupancich Owner, Z'Up North Realty Driving Tourism and Economic Development Through Regional Recreation Programs 0 9:45am 10:45am, Oct 1 1.0 AICP credit Sales tax legislation requiring projects of "regional significance" will have a major impact on the creation of jobs and tax bases in our communities Two communities in Minnesota, the City of Virginia and the City of Elk River, are building significant regional recreation projects from which they hope to attract tourism dollars, jobs, new households and a new tax base from ancillary development. in this interactive panel discussion, representatives from both cities will tell their project stories and share how they will implement their plans for future economic growth using the recreation projects as a catalyst. We will discuss opportunities to drive community growth through traditional economic development initiatives as well as dive into innovative ways to use recreation projects as a mechanism to attract individuals, families and workers to job and housing opportunities at existing businesses as communities continue to search for top talent and fill residences. s'Speakers Calvin Portner City Aommrstiatoi City of Elk Rives 10 Paul Steinman Baker Tilly 3 John Sullivan Community Development Planner, City of Virginia 10:45am Break with Exhibitors 0 10:45am - 11 00am, Oct 1 9Harborstde Lobby 11:00am Legislative Update 0 11:00am - 12 00pm, Oct 1 llmfl�Ml Pci--verecl Lev Whova Debbie Davidson From: noreply@merchanttransact.com Sent: Thursday, August 5, 2021 8:03 AM To: AP Subject: Your bill from City of Monticello, MN is ready. Attachments: 8-4-21 Billing Inserts.pdf City of Monticello, MN 505 Walnut St, Ste 1 Monticello, MN 55362 763.271.3228 8AMto4:30PM Account Information Account: Name: Service Address: Service Period: Billing Date: Due Date: Meter Reading Previous Reading Serial Date Reading Current Charges Water: ACH CREDIT - AUTO PAY Water: EBILL CREDIT Stormwater: STORMWATER / NON-RESIDENTIAL Total Current Charges: Bill Summary Previous Balance: Payments Received: Adjustments: Current Charges: * Total Amount Due by: 9/1/2021 * This was the amount due at the time of billing. 007256-004 MONTICELLO EDA (213-46301) 130 BROADWAY E 7/1/2021 to 7/31/2021 (31 days) 8/4/2021 9/1/2021 Current Reading Date Reading Cons ($1.25) ($0.50) $21.00 $19.25 $19.25 $19.25 $0.00 $19.25 $19.25 To view your amount due at the current time and make a payment click here. Auto payment is setup for this customer account, do not pay. 1 Debbie Davidson From: Sent: To: Subject: Attachments: City of Monticello, MN 505 Walnut St, Ste 1 Monticello, MN 55362 763.271.3228 8AMto4:30PM Account Information Account: Name: Service Address: Service Period: Billing Date: Due Date: Meter Reading noreply@merchanttransact.com Thursday, August 5, 2021 8:02 AM AP Your bill from City of Monticello, MN is ready. 8-4-21 Billing Inserts.pdf Previous Reading Serial Date Reading Current Charges Water: Water: CITY WATER - NON-TAXABLE Water: ACH CREDIT - AUTO PAY Water: EBILL CREDIT Water: WATER - STATE CONNECTION FEE Sewer: SEWER - COMMERCIAL Stormwater: STORMWATER / NON-RESIDENTIAL Total Current Charges: Bill Summary Previous Balance: Payments Received: Adjustments: Current Charges: * Total Amount Due by: 9/1/2021 * This was the amount due at the time of billing. 007256-007 MONTICELLO EDA (213-46301) 103 PINE ST 7/1/2021 to 7/31/2021 (31 days) 8/4/2021 9/1/2021 Current Reading Date Reading Cons $0.00 $7.81 ($1.25) ($0.50) $0.81 $10.10 $21.00 $37.97 $37.97 $37.97 $0.00 $37.97 $37.97 To view your amount due at the current time and make a payment click here. Auto payment is setup for this customer account, do not pay. 1 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 Account: Name: Service Address: Service Period: Billing Date: Due Date: Meter Reading noreply@merchanttransact.com Thursday, August 5, 2021 8:03 AM AP Your bill from City of Monticello, MN is ready. 8-4-21 Billing Inserts.pdf 007256-008 MONTICELLO EDA (213-46301) 112 RIVER ST W 7/1/2021 to 7/31/2021 (31 days) 8/4/2021 9/1/2021 Previous Reading Current Reading Serial Date Reading Date Reading Cons 68621907 7/1/2021 43880 8/1/2021 43881 1 Current Charges Water: $0.00 Water: CITY WATER - NON-TAXABLE $0.00 Consumption Water: CITY WATER - NON-TAXABLE $7.81 Water: ACH CREDIT - AUTO PAY ($1.25) Water: EBILL CREDIT ($0.50) Water: WATER - STATE CONNECTION FEE $0.81 Sewer: SEWER - COMMERCIAL Consumption $0.00 Sewer: SEWER - COMMERCIAL $10.10 Stormwater: STORMWATER / NON-RESIDENTIAL $21.00 Total Current Charges: $37.97 Bill Summary Previous Balance: $37.97 Payments Received: $37.97 Adjustments: $0.00 Current Charges: $37.97 * Total Amount Due by: 9/1/2021 $37.97 * This was the amount due at the time of billing. To view your amount due at the current time and make a payment click here. 1 Auto payment is setup for this customer account, do not pay. CITY OF MONTICELLO Gbosl Card Transaction Piflase attach the irtvaiee/ receipt and any other availabte dacUmentat-fon to this #nr«r. To be completed by purchaser. f Amount $ �.: Fxpense Cade : ; - l ; ; a -� Circle purchaser name: Debbic I)avidson itille fi3eneyf Monticello Chamber of Commerce and Industry 205 Pine Street PO Box 192 Monticello, MN 55362 (763) 295-2700 ( fax: (763) 295-2705 info@monticellocci.com Monticello City of Accounts Payable 505 Walnut Street Suite #1 Monticello. MN 55362 Description Chamber Lunch, Member (Jim Thares) Invoice Invoice Date: 8/18/2021 Invoice Number: 7347 Account ID: Terms Due Date Net 15 9/2/2021 Quantity Rate Amount 1 $15.00 $15.00 Subtotal: $15.00 Tax: $0.00 Total: $15.00 Payment/Credit Applied: $0.00 Balance: $15.00 Julie Cheney From: Jim Thares Sent: Thursday, August 26, 2021 2:16 PM To: Julie Cheney Subject: RE: Invoice from Monticello Chamber of Commerce and Industry Hi Julie, this is okay to pay. From: Julie Cheney <Julie.Cheney@ci.monticello.mn.us> Sent: Thursday, August 26, 2021 1:08 PM To: Jim Thares<1im.Thares@ci.monticello.mn.us> Subject: FW: Invoice from Monticello Chamber of Commerce and Industry Jim Please see the attached invoice from the Chamber for the August lunch you attended. Okay to pay $15.00? Thanks Julie From: Marcy Anderson <marcy@monticellocci.com> Sent: Wednesday, August 18, 2021 2:30 PM To: AP <AP@ci.monticello.mn.us> Subject: Invoice from Monticello Chamber of Commerce and Industry Dear Jim: Your invoice for the August 2021 Chamber lunch is attached. Thank you for supporting our Chamber event. Please remit payment at your earliest convenience. You will find a link at the bottom of this email to pay bills online. Thank you for your continued support. Sincerely, Monticello Chamber of Commerce and Industry (763) 295-2700 To view/pay bills online, please click here Tn,s e m.p,l was sent on behalf of Monticello Chamber of Commerce ane InJustry 205 fine Street Monticello, MN 55362.1 o unsubscrbe click here F you have questions or comments ccrcerntng this email or services in general, please contact us by email at info! umor;tice:1occ corn Julie Cheney From: Auto -Receipt <noreply@maii.authorize.net> Sent: Monday, August 30, 2021 1:52 PM To: AP Subject: Transaction Receipt from Monticello Chamber of Commerce & Industry for $15.00 (USD) Description: Payment for Invoice #7347 (Monticello City of) : Chamber Lunch, Member (Jim Thares) $15.00(Class: ) Invoice Number 8138026 Billing Information Julie Cheney Monticello City of 505 Walnut Street Suite 1 Monticello, MN 55362 u5 ap@ci.monticello.mn.us 763-271-3205 Date/Time: Transaction ID: Payment Method: Transaction Type: Auth Code: Shipping Information 30-Aug-2021 11:51:37 PDT 63220779270 Visa xxxx8769 Purchase 017668 - a Monticello Chamber of Commerce & Industry Monticello, MN 55362 Us marcy@monticellocci.com 1 Total: $15.00 (USD) Julie Cheney From: info@monticellocci.com Sent: Monday, August 30, 2021 1:52 PM Subject: Online Payment Confirmation Your online payment request has been received by Monticello Chamber of Commerce and Industry. Payment Confirmation Name: Julie Cheney Company: Monticello City of Transaction Number: 63220779270 Last 4 of Acct Number: 8769 Amount: $15.00 Description Item(s) Quantity Total Amount Payment for Invoice #7347 (Monticello Chamber Lunch, Member (Jim Thares) 1 $15.00 City of) $15.00(Class: ) Grand Total: $15.00 This Email was automatically generated. For questions or feedback, please contact us at: Monticello Chamber of Commerce and Industry 205 Pine Street PO Box 192 Monticello, MN 55362 (763) 295-2700 info@monticellocci.com http://www.monticellocci.com Accounts Payable Transactions by Account Oser: Debbie.Davidson Printed: 10/04/2021 - 11:41 AM Batch: 00215.09.2021 Monticello Account Number Vendor Description GL Date Check No Amount PO No 213-46301-438100 XCEL ENERGY 51-13295413-8 - 103 Pine St 09/30/2021 0 42.29 Vendor Subtotal for Dept:46301 42.29 Subtotal for Fund: 213 42.29 Report Total: 42.29 AP -Transactions by Account (10/04/2021 - 11:41 AM) Page I NORTHERN STATES POWER COMPANY Xcel Energy RESPONSIBLE BY NATURES QUESTIONS ABOUT YOUR BILL? See our website: xcelenergy.com Email us at: Customerservice@xcelenergy.com Please Call: 1-800-481-4700 Hearing Impaired: 1-800-895-4949 Fax: 1-800-311-0050 Or write us at: XCEL ENERGY PO BOX 8 EAU CLAIRE WI 54702-0008 PREMISES SUMMARY MAILING ADDRESS ACCOUNT NUMBER 11 1 CITY MONTICELLO ECONOMIC DEV AUTH 505 WALNUT ST STE 1 MONTICELLO MN 55362-8831 51-0013295413-8 09/03/2021 STATEMENT NUMBER STATEMENT DATE 743287070 08/09/2021 S103.77 ACCOUNT BALANCE (Balance de su cuenta) Previous Balance As of 07/05 $112.23 Payment Received Auto Pay 08/04-$112.23 CR Balance Forward $0.00 Current Charges $103.77 Amount Due (Can6dad a pagan) $103.77 PREMISES NUMBER PREMISES IDENTIFIER PREMISES DESCRIPTOR CURRENT BILL 302923602 103 PINE ST EDA $42.29 303409149 112 W RIVER ST PW Split $61.48 Total $103.77 INFORMATION ABOUT YOUR BILL Thank you for your payment. Xcel Energy RETURN BOTTOM PORTION WITH YOUR PAYMENT -PLEASE DO NOT USE STAPLES, TAPE OR PAPER CLIPS ACCOUNT NUMBER I DUE DATE 51-0013295413-8 1 09/03/2021 1 $103.77 1 Automated Bank Payment Your bill is paid through anautomatedbank payment plan. 1 2 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 ---- manifest line ------ 19 20 21 22 23 24 25 I"I�III"I'1'1'1I'11111111,1111111111111„1 Jill 111111111111'I11' 26 27 28 29 30 CITY MONTICELLO ECONOMIC DEV AUTH 505 WALNUT ST STE 1 MONTICELLO MN 55362-8831 II XCEL ENERGY P.O. BOX 9477 MPLS MN 55484-9477 32 51090321 00132954138 0000001037700000010377 P;g^2 M& Xcel Energy MAILING ADDRESS ACCOUNT NUMBER CITY MONTICELLO ECONOMIC DEV AUTH 505 WALNUT ST STE 1 MONTICELLO MN 55362-8831 51 0013295413 8 09/03/2021 STATEMENT NUMBER STATEMENT DATE 743287070 08/09/2021 ai"us".77 SERVICE ADDRESS: 103 PINE ST MONTICELLO, MN 55362-8564 NEXT READ DATE 09/03!21 ELECTRICITY SERVICE DETAILS PREMISES NUMBER: 302923602 INVOICE NUMBER: 0916331430 READINGMETER i METER 3632365 - Multiplier x 40 Read Dates: 07/05/21 - 08/03/21 (29 Days) DESCRIPTION _ CURRENT READING PREVIOUS READING MEASURED USAGE BILLED USAGE Total Energy 21417 Actual 21414 Actual 3 120 kWh Demand Actual 0.4 kW Billable Demand 0 kW ELECTRICITY CHARGES RATE: Sm Gen Svc (Metered) DESCRIPTION USAGE UNITS RATE CHARGE Basic Service Chg $10.00 Energy Charge Summer 120 kWh $0.092560 $11.11 Fuel Cost Charge 120 kWh $0.031167 $3.74 Sales True Up 120 kWh $0.008510 $1.02 Affordability Chrg $1.27 Resource Adjustment $1.83 Subtotal $28.97 City Fees $5.50 Total S34.47 OTHER RECURRING CHARGES DETAILS INVOICE NUMBER: 916331397 ADDRESS: 103 PINE ST MONTICELLO, MN 55362-8564 UNIT DESCRIPTION USAGE UNITS CHARGE OTY CHARGE Install Number 157123 07/05/21 to 08/02/21 100 WATT HPS AREA CO OWN Auto Protective Lgt 29 kWh $7A1 1 $7.41 WHERE THERE'S A BILL, THERE'S A BETTER WAY. From averaged monthly payments to custom due dates to automatic bill pay, we can help you tailor your energy bill so it better suits your schedule and budget. Get started at xcelenergy.com/PayBill or by calling 800-895-4999. LA� P 306 Xcel Energy OTHER RECURRING CHARGES DETAILS MAILING ADDRESS ACCOUNT NUMBER r CITY MONTICELLO ECONOMIC DEV AUTH 505 WALNUT ST STE 1 MONTICELLO MN 55362M31 51-0013295413-8 179/03/20211 STATEMENT NUMBER STATEMENT OATS I r 743287070 08/09/2021 $103.77 INVOICE NUMBER: 916331397 ADDRESS: 103 PINE ST MONTtG1 ID, MN 553824W UNIT DESCRIPTION USAGE UNITS CHARGE OTY CHARGE Fuel Cost Charge $0.70 Resource Adjustment $0,47 Total $8.58 NON -RECURRING CHARGES / CREDITS DETAILS MCi IMON CHARGE Elec Combo Refund CR Premise 1f 302923602 - $0.76 CR Total - $110 s CR Premises Total $4M DAILY AVERAGES Last Year Tempetawre 70` F Electricity kWh 4.1 Electricity Cost $1.20 INFORMATION ABOUT YOUR BILL The Minnesota Pub is Utilities Commission has approved a customer credit for funds received as part of a settlement with the U.S. Department of Energy regarding nuclear fuel storage. Your credit is shown as "Nuclear Fuel Settlement" on this billing statement. For an average non -demand customer, 68% of your oill refers to power plant costs, 15% to high voltage line costs, and 17% to the cost of local wires connected to your business. For a n average demand -billed customer, 78% of your total bill refers to power plant costs,14% to high voltage lines, and 8% to the cost of local wires connected to your business. W_..�440 r1m I'll, 41 PUT SAVINGS IN MOTION Install switch -mounted occupancy sensors around the office. When employees enter a room, the lights automatically turn on. When they leave, the lights go out. No more wasting energy or money lighting empty offices and restroorns. 0 z� Row a Di Xcel Energy DAILY AVERAGES Last Year Tcmperaturc 7V F Electricity kWh 8.2 � Electricity Cost $3.99 MAILING ADDRESS ACCOUNT NUMBER CITY MONTICELLO ECONOMIC DEV AUTH 505 WALNUT ST STE I MONTICELLO MN 55362-8831 51-0013295413.8 ;9;/03/=2021 STATEMENT NUMBER STATEMENT DATE7432R7070 0Rl09/2021,77 SERVICE ADDRESS: 112 W RIVER ST MONTICELLO, MN 55362-8766 NEXT READ DATE 09/03121 ELECTRICITY SERVICE DETAILS PREMISES NUMBER: 303409149 INVOICE NUMBER: 0916331.342 READINGMETER t METER 15062258 Read Dates: 07/05/21 - 08/03121 (29 Days) DESCRIPTION CURRENT READING PREVIOUS READING USAGE Total Energy 69287 Actual 69275 Actual 12 kWh Demand Actual 1.9 kW Billable Demand 0 kW ELECTRICITY CHARGES RATE: General Service DESCRIPTION USAGE UNITS RATE CHARGE Basic Service Chg $25.64 Energy Charge 12 kWh $0,034070 $0.41 Fuel Cost Charge 12 kWh $0.030633 $0.37 Sales True Up 12 kWh $0,008780 $0.1 1 Energy Chg Crd 12 kWh - $0.015180 - $0.18 CR Demand Charge Summer 0 kW $14.790000 $0.00 Affordability Chrg 53.60 Resource Adjustment $1.35 Subtotal $31.30 City Fees $31.00 Total $62.30 NON -RECURRING CHARGES / CREDITS DETAILS DESCRIPTION CHARGE Elec Combo Refund CR Premise # 303409149 $0.82 CR Total - $0.82 CR Premises Total $61.48 INFORMATION ABOUT YOUR BILL The Minnesota Public Utilities Commission has approved a customer credit for funds received as part of a settlement with the U.S. Department of Energy regarding nuclear fuel storage. Your credit is shown as "Nuclear Fuel Settlement" on this billing stateme,it. For an average non -demand customer, 68% of your bill refers to power plant costs, 15% to high voltage line costs, and 17% to the cost of local wires connected to your business. For an average demand -billed customer, 78% of your total bill refers to power plant costs, 14% to high voltage lines, and 8% to the cost of local wires connected to your business. COOL YOUR REFRIGERATION COSTS Upgrading to energy -efficient refrigeration equipment and systems can save energy and lower operating costs. We have rebates available on qualifying display cases, doors, defrost controls for walk-in coolers and more. To get started, go to xceienergy.com/IRefrigeration to complete the digital application for a free, onsite refrigeration assessment. The assessment will help identify energy -saving opportunities at your facility. For more information call an energy specialist at 855-839-8862 or email us at Energyfl fWencytt±xceler►ejV,corn. Xcel Energy r ENFRIE SUS COSTOS DE REFRIGERAC16N Actualizar los equipos y sistemas de refrigeracibn de alta eficiencia energdtica puede ahorrar energia y reducir los costes de funcionamiento. Contamos con rebaias disponibles en la compra de vitrinas, puertas, controles de descongelael6n para cbmaras frigorificas y mas. Para comenzar, vaya a xcetenergy.comfRefrflerstion para completar to solicitud digital y obtener una evaluaci6n de refrigeracidn gratuity en el sitio, la evaluacion ayudarb a identificar oportunidades de ahorao de energia en sus instalaciones. Para obtener mas informacion, !lame a un especialista en energia at 8554839-8862 o envie un correo electronico a EnwgyEfficiancy@xcelenergy.com. r sF 0 0 a acs�eryy;cyGarS � l4 2011 ?Scsl E�r9r U+c Xcel Fiivr�sy �c a iep+stanad voderatrk of %[ial fneryy Inc 1087:.CiNC5 MI. EDA: 10/13/21 6. Consideration of Authorizing platting services by WSB and Associates of parcels in Otter Creek Business Park (JT/AS) A. REFERENCE AND BACKGROUND: Staff is asking the EDA to authorize land subdivision platting services in Otter Creek Business Park. The platting is intended to facilitate potential expansions and new development, as well as three new functional "Shovel Ready" sites. The request for platting is occurring due to recent preliminary expansion proposals by two existing manufacturers in OCBP and a new industrial prospect considering developing a new facility of approximately 70,000 square feet. Finally, as outlined in the CET Grant, the City-EDA goal is to certify several more sites as "Shovel Ready" to position the City to be more competitive in regional and national site searches that use the "Shovel Ready" criteria. To complete the Shovel Ready Certification steps most effectively, those parcels should be platted into a more final configuration. As a result of platting, they can be further subdivided with the lot lines adjusted as needed in the future. The City and EDA respectively own various parcels in the proposed plat area. The overall platting proposal is seeking authorization from the City Council for the preparation of plat documents in three areas within the park, located along Dalton Court and along 901" Street/Dalton Way and Chelsea Road. The proposals for the three main areas are attached to this report. CET funds are the proposed funding source for the project. CET grant funds were awarded to the City, and accordingly the funding request for platting has also been sent to the Council. The EDA should also consider approving the platting since it holds title to one of the impacted lots. The City holds title to many of the parcels as a method of maintaining tax exempt status. WSB has familiarity with Otter Creek, having prepared prior plats, plans and specifications and stormwater analysis for the area. In addition, WSB's previously authorized (9-27-21) work on the grading and stormwater improvements will correspond with platting to maximize efficiency on both projects. While staff is seeking approval for all three platting projects, they will be timed in concert with expansion and/or development planning and align with CET funding requirements. As you are aware, the CET grant award supports the City's transition from an energy -based economy, funding uses which encourage additional tax base generation and employment. Al. STAFF IMPACT: Key staff involved in this update includes the Economic Development Manager and Community Development Director and City Engineer/Public Works Director. Staff time for administration of the project, including coordination with WSB, is estimated at 15-22 hours. A2. BUDGET IMPACT: No EDA funding will be needed to complete the platting process. The funding will be sourced from the CET Grant which was awarded to the City in March 2021. The total CET grant award is $500,000. Staff targeted CET spending into two project phases. The first phase focused on strategic planning and was estimated to utilize $235,000 in funding, of which EDA: 10/13/21 approximately $164,172 has been allocated. The second phase was focused on site development tools for economic development opportunity and was estimated to utilize the remaining $265,000. The $62,460 in funding for this project is proposed to come from this second phase. With the prior commitment of $87,600, that leaves a remaining balance in the second phase of CET funding of approximately $86,140 B. ALTERNATIVE ACTIONS: 1. Motion to authorize platting services by WSB & Associates of the EDA owned parcels by in Otter Creek Business Park (OCBP) as needed to accommodate development proposals. 2. Motion to table authorizing platting services by WSB & Associates of the EDA owned parcels in Otter Creek Business Park (OCBP) for further research and/or discussion. C. STAFF RECOMMENDATION: City staff recommends approval of the proposal for platting. Preparation of the remaining lots at Otter Creek will support the marketing and development of the sites for industrial use and potentially accelerate the establishment of tax base and living wage employment within the park. The proposed project supports continued efforts for a sustainable transition from an energy economy and a stable economic future for the community. D. SUPPORTING DATA: a. Aerial Photo of OCBP b. Aerial Photo of EDA Owned Parcel in OCBP c. Plat Area #1 d. Plat Area #2 e. Plat Area #3 i 71(1TH,Sir E ,. COUNTY ROAD 39'NE CHUB VIEW'DR ?. I GOLF_COUR'$ 'RD r- jm'; ,.#�" ! Cj� _ P.4'IRWAY'DR 7TH ST W 14 BHT Q 1 �•r yR 3 . h a ' i • . eC wes,ro,o. R o � .� �• 4 SA V 'NNAHAV" ESA c) ")No-9 P r«1 �BeaconTM Wright County, MN SLA_s* �es.S' Par 1�,' Overview Legend Roads — CSAHCL — CTYCL MUNICL PRIVATECL TWPCL Highways Interstate �— State Hwy US Hwy City/Township Limits ❑c [� t Parcels Parcel ID 155171000060 Alternate ID n/a Owner Address CITY OF MONTICELLO EDA Sec/Twp/Rng 10-121-025 Class 958- MUNICIPAL PUB -OTHER % EXECUTIVE DIRECTOR Property Address Acreage 13.67 505 WALNUT ST STE 1 MONTICELLO, MN 55362 District 1101 CITY OF MONTICELLO 882 H Brief Tax Description Sect-10Twp-121 Range-025 OTTER CREEK CROSSING (MONTICEL13.67A000TLOTF (Note: Not to be used on legal documents) Date created: 10/7/2021 Last Data Uploaded: 10/7/20218:15:30AM Developed by4� Schneider GEOSPATIAL A Q z 0 wsb October 7, 2021 Angela Schumann Community Development Director City of Monticello 505 Walnut Street Monticello, MN 55362 RE: Plat Area 1 Proposal for Surveying Services, Preliminary and Final Plat of approximately 8 acre site. The area to be platted, includes Lot 1, Block 1, Outlot A, and Outlot B, Otter Creek Crossing 2nd Addition, in the City of Monticello, Wright County, Minnesota. Existing PID#'s are 155191000010, 155191000020 and 155191001010. (Parcels depicted on Exhibit A of page 3) These parcels will be combined into 1 lot and 1 Outlot by this platting. Dear Angela, On behalf of WSB, I am pleased to respond to your request for proposal for surveying services. It is my understanding that you are looking for a preliminary and final plat of the above described area. In addition, you need preparation of two proposed easements to go along with this platting. Our scope is as follows: Task 1- Preliminary Plat • Review title information and compute property boundary. • Field crew to perform topography, existing conditions and boundary field work. • Review and verify property boundary with field information. • Coordination with design engineer. • Create a Preliminary Plat which will include the boundary, existing conditions, and proposed information. • Submit plat to City for review and approval. • Make final revisions per any comments. Task 2 - Final Plat • Preliminary Plat to Final Plat. • Create drawing suitable for City and County review. • Submit Plat and Title Commitment to county for review. • Make any necessary County revisions. • Make Mylars of Final Plat for recording. • Field crew to set monuments at each corner per statutes. Task 3 - Trail Easement • By Minnesota statute, "Easements created on the plat shall be limited to public utility and/ or drainage easements as defined in section Minnesota Statute 505.01, Subdivision 3, paragraph (b), (h), and (j)." Thus, we will prepare a separate Exhibit and Description for the Trail Easement. Trail Easement to be recorded by separate document in coincidence with the plat recording. Task 4 - Cross -Access Easement By Minnesota statute, "Easements created on the plat shall be limited to public utility and/ or drainage easements as defined in section Minnesota Statute 505.01, Subdivision 3, paragraph (b), (h), and (j)." Thus, we will prepare a separate Exhibit and Description for the Cross -Access Easement. Cross -Access Easement to be recorded by separate document in coincidence with the plat recording. WSB will prepare this survey for the following lump sum fee: • Task 1 fee • Task 2 fee • Task 3 and 4 Fee $6, 296.00 $3, 304.00 $1, 600.00 *The following are pass -through expenses and cost may vary, WSB does not mark up these expenses. • Title Commitment fees $1,800.00* • Plat checking fees $400.00* • Mylar fee $600.00* *Title commitments for each parcel will be necessary to complete the platting. Client to provide or WSB can order as an additional pass -through expense. These are typically ± $600.00 per commitment. If there are any significant unforeseen title complexities, we may require additional fee, we would let you know in advance if this were to happen. We can begin field work within 1 week of receiving a signed contract. Title commitments, however, will be necessary to continue with and complete the platting process. We are looking forward to working with you on this project. If you have any questions regarding this proposal, please contact me at 612-209-9051. If you agree with the terms as outlined above, please sign where indicated below and return. Sincerely, WSB Jeremy Honga, PLS 612-209-9051 NA Title Date EXHIBITA A wsb October 07, 2021 Angela Schumann Community Development Director City of Monticello 505 Walnut Street Monticello, MN 55362 RE: Plat Area 2 Proposal for Surveying Services, Preliminary and Final Plat of approximately 33 acre site. The area to be platted, includes Outlot A, Otter Creek Crossing 3rd Addition and Outlot A, Outlot B and Lot 1, Block 1, Otter Creek Crossing 4th Addition, in the City of Monticello, Wright County, Minnesota. Existing PID#'s are 155194000010, 155223000010, 155223000020 and 155223001010. (Parcels depicted on Exhibit A of page 3) These parcels will be combined into 1 Lot and 2 Outlots by this platting. Dear Angela, On behalf of WSB, I am pleased to respond to your request for proposal for surveying services. It is my understanding that you are looking for a preliminary and final plat of the above described area. Our scope is as follows: Task 1- Preliminary Plat • Review title information and compute property boundary. • Field crew to perform topography, existing conditions and boundary field work. • Review and verify property boundary with field information. • Coordination with design engineer. • Create a Preliminary Plat which will include the boundary, existing conditions, and proposed information. • Submit plat to City for review and approval. • Make final revisions per any comments. Task 2 - Final Plat • Preliminary Plat to Final Plat. • Create drawing suitable for City and County review. • Submit Plat and Title Commitment to county for review. • Make any necessary County revisions. • Make Mylars of Final Plat for recording. • Field crew to set monuments at each corner per statutes. WSB will prepare this survey for the following lump sum fee: • Task 1 fee • Task 2 fee $12,128.00 $6,012.00 *The following are pass -through expenses and cost may vary, WSB does not mark up these expenses. • Title Commitment fees $2,400.00* • Plat checking fees $420.00* • Mylar fee $1,000.00* *Title commitments for each parcel will be necessary to complete the platting. Client to provide or WSB can order as an additional pass -through expense. These are typically ± $600.00 per commitment. If there are any significant unforeseen title complexities, we may require additional fee, we would let you know in advance if this were to happen. We can begin field work within 1 week of receiving a signed contract. Title commitments, however, will be necessary to continue with and complete the platting process. We are looking forward to working with you on this project. If you have any questions regarding this proposal, please contact me at 612-209-9051. If you agree with the terms as outlined above, please sign where indicated below and return. Sincerely, WSB Jeremy Honga, PLS 612-209-9051 By Title Date EXHIBITA A wsb October 07, 2021 Angela Schumann Community Development Director City of Monticello 505 Walnut Street Monticello, MN 55362 RE: Plat Area 3 Proposal for Surveying Services, Preliminary and Final Plat of approximately 61 acre site. The area to be platted, includes Outlot A, 90th Street 3rd Addition and part of Outlot E, Otter Creek Crossing, and Outlot F, Otter Creek Crossing, in the City of Monticello, Wright County, Minnesota. Existing PID#'s are 155185000010, 155171000050, and 155171000060. (Parcels depicted on Exhibit A of page 3) These parcels will be combined into 2 Lots and 1 Outlot by this platting. Dear Angela, On behalf of WSB, I am pleased to respond to your request for proposal for surveying services. It is my understanding that you are looking for a preliminary and final plat of the above described area. Our scope is as follows: Task 1- Preliminary Plat • Review title information and compute property boundary. • Field crew to perform topography, existing conditions and boundary field work. • Review and verify property boundary with field information. • Coordination with design engineer. • Create a Preliminary Plat which will include the boundary, existing conditions, and proposed information. • Submit plat to City for review and approval. • Make final revisions per any comments. Task 2 - Final Plat • Preliminary Plat to Final Plat. • Create drawing suitable for City and County review. • Submit Plat and Title Commitment to county for review. • Make any necessary County revisions. • Make Mylars of Final Plat for recording. • Field crew to set monuments at each corner per statutes. WSB will prepare this survey for the following lump sum fee: • Task 1 fee • Task 2 fee $15,328.00 $6,812.00 *The following are pass -through expenses and cost may vary, WSB does not mark up these expenses. • Title Commitment fees $1,800.00* • Plat checking fees $420.00* • Mylar fee $1,000.00* *Title commitments for each parcel will be necessary to complete the platting. Client to provide or WSB can order as an additional pass -through expense. These are typically ± $600.00 per commitment. If there are any significant unforeseen title complexities, we may require additional fee, we would let you know in advance if this were to happen. We can begin field work within 1 week of receiving a signed contract. Title commitments, however, will be necessary to continue with and complete the platting process. We are looking forward to working with you on this project. If you have any questions regarding this proposal, please contact me at 612-209-9051. If you agree with the terms as outlined above, please sign where indicated below and return. Sincerely, WSB Jeremy Honga, PLS 612-209-9051 By Title Date EXHIBITA EDA: 10/13/21 7. Consideration of Update and Consent for preparation of a wetland delineation and plans and specifications for grading and stormwater improvements for a portion of City/EDA property at Otter Creek Business Park (OCBP) (JT/AS) A. REFERENCE AND BACKGROUND: Staff is providing an update to the EDA regarding the proposal for preparation of a wetland delineation and plans and specifications for grading and stormwater improvements in Otter Creek Business Park (OCBP). The City has previously identified stormwater and grading improvements that are needed for various Otter Creek Business Park (OCBP) parcels before they can accommodate development. With this in mind, and, the availability of CET Grant funding, the City Council recently approved a proposal by WSB & Associates for wetland delineation tasks as well as grading and stormwater plans and specifications. The City asked WSB & Associates to prepare a proposal for the necessary improvements because of its familiarity with OCBP, having prepared prior plats, plans and specifications and stormwater analysis for the area. Council was asked to authorize the request as both the primary owner of the parcels in Otter Creek at present, and as the recipient of the grant funds. However, EDA consent and authorization is also requested as the EDA owns ones of the subject parcels. A summary of the proposed plans and specifications tasks and the locations in OCBP is as follows: #1. The work area includes preparation of plan documents for grading and stormwater improvements in area of Karlsburger Foods on the northwesterly edge of OCBP. This will accommodate a request by Karlsburger to reshape the stormwater pond so semi -trucks can better maneuver into the facility's loading docks. Completion of plans for site grading to reconfigure and expand the stormwater pond located near Karlsburger Foods is a primary component of the project. The reconfiguration will facilitate the potential expansion plans for Karlsburger, as well as other future expansions and uses in the area of Dalton Court. An engineer's estimate of project costs will be completed for reference on actual construction costs. #2. Preparation of plans and specifications for grading of the land area along Dalton Way and 90tn Street which is on the southerly and easterly half of the Park. Grading work will include site balancing and grading lots to a final pad -ready condition. Plans will also detail the construction of the necessary stormwater improvements to serve this development area fulfilling rate, volume, and infiltration/water quality requirements. Water quality for a portion of the property on the north side of Chelsea in this area will also be incorporated into the design work. #3. The proposal also includes a wetland delineation and review to determine the limits of wetlands in the area of Dalton Way and Chelsea Road. Although a prior wetland delineation was completed in 2012, delineations expire after 5 years. WSB is the City's designated wetland compliance firm and completed the prior delineation and review process. It should also be noted that the actual improvements would be completed in conjunction with development projects that are expected to occur in OCBP in the next 18 to 24 months. EDA: 10/13/21 All work items are proposed to be paid through the CET grant funds. As you are aware, the CET grant award supports the City's transition from an energy -based economy, funding uses which encourage additional tax base generation and employment. A copy of the proposal submitted by WSB is attached to this report. Al. STAFF IMPACT: Key staff involved in the update to the EDA includes the Economic Development Manager and Community Development Director and City Engineer/Public Works Director. The estimate of time in coordinating with WSB, is estimated at 15-22 hours. A2. BUDGET IMPACT: No EDA funding will be needed to complete the wetland delineation and plans and specifications for the grading and stormwater improvements. Funding for the identified tasks will be sourced from the CET Grant which was awarded to the City in March 2021. The total CET grant award is $500,000. Staff targeted CET spending into two project phases. The first phase focused on strategic planning and was estimated to utilize $235,000 in funding, of which approximately $164,172 has been allocated. The second phase was focused on site development tools for economic development opportunity and was estimated to utilize the remaining $265,000. The $62,460 in funding for this project is proposed to come from this second phase. With the prior commitment of $87,600, that leaves a remaining balance in the second phase of CET funding of $86,140. B. ALTERNATIVE ACTIONS: 1. No motion is needed. This is an update to the EDA. 2. Motion as determined by the EDA. C. STAFF RECOMMENDATION: There is no recommendation needed for this item. It is an update for the benefit of the EDA. The CET grant outlined a scope of work that included several work tasks to better position the City to have sites that are Shovel Ready and be more competitive in regional and national industrial site searches. Preparation of the remaining lots at Otter Creek will support the marketing and development of the sites for industrial use and potentially accelerate the establishment of tax base and living wage employment within the park. The proposed project supports continued efforts for a sustainable transition from an energy economy and a stable economic future for the community. D. SUPPORTING DATA: a. Aerial Photo of OCBP b. OCBP Wetland Delineation, Grading and Stormwater Improvements Plans and Specs — Signed Contract i 71(1TH,Sir E ,. COUNTY ROAD 39'NE CHUB VIEW'DR ?. I GOLF_COUR'$ 'RD r- jm'; ,.#�" ! Cj� _ P.4'IRWAY'DR 7TH ST W 14 BHT Q 1 �•r yR 3 . h a ' i • . eC wes,ro,o. R o � .� �• 4 SA V 'NNAHAV" wsb, September 23, 2021 Mr. Matt Leonard City Engineer/Public Works Director City of Monticello 505 Walnut St, Suite 1 Monticello, MN 56362 Re: Proposal and Fee Estimate for Professional Engineering Services Karlsburger Pond Stormwater Improvements, Otter Creek Industrial Park Parcel/Pond Grading, and Dalton Way Extension Dear Mr. Leonard: 0 0 WSB is pleased to present this proposal to provide engineering services to complete plans and w specifications for the Karlsburger Pond stormwater improvements, Otter Creek Industrial Park U) parcel grading, pond design/grading, and extension of Dalton Way. The improvements include expansion of the existing Karlsburger pond consistent with the 00 assumptions in the Otter Creek Industrial Park Study (dated 4/12/2017), restriction of the outlet to Otter Creek, and reconfiguration of a portion of the existing pond. The expansion of Karlsburger LO Pond will also include flood storage and water quality volume to accommodate the three properties as identified in the Otter Creek Study; Infiltration volume will need to be provided as a part of future development sites. The project scope detailed herein also includes a wetland delineation of the large wetland LO complex, mass grading of several parcels within the Industrial Park to a pad ready configuration, a pond grading plan for the location shown on the attached exhibit and plans for the extension of 2i Dalton Way from Dalton Avenue to the east. co o Task 1 —Karlsburger Pond Survey w We will complete a topographic survey of the proposed pond expansion area and the existing Z outlet from Karlsburger Pond. We will also survey the existing outlet from the storm sewer system under Chelsea Road into Otter Creek. We do not propose to survey the existing storm 0 sewer under Chelsea Road. We will utilize the as -built plans for connections and modifications to o this system. w We will complete a GSOC to request mapping information on any private utilities within the footprint of the proposed improvements. W The survey fee assumes that the survey for the pond design project can be completed concurrent z with the platting survey that is being completed with WSB. If the survey needs to be completed > separately for this project, we estimate an additional $2500 for survey. Q Q Z Task 2 —Karlsburger Pond Design w x We will prepare construction plans and specifications for the pond expansion and outlet improvements. It is expected that this will consist of a title sheet, pond grading plan, removals plan, detail sheets, storm sewer plan information for the outlet modifications, SWPPP, erosion GA.Clients AII\Monticello\Proposals\2021 Otter Creek-Karlsburger Pond & Street Expansion\Karlsburger Plans_PROP_09232021.docx Mr. Matt Leonard September 23, 2021 Page 2 and turf management plan. We will prepare 60% plans and submit to City Staff for review along with the cost estimate. We will incorporate City comments and prepare 90% plans and specifications and an updated engineers estimate. We will prepare a brief summary memo of the volume available in the pond and pertinent stormwater criteria for use with future projects for determining available capacity in the Karlsburger Pond. This task also includes preparation of the final bid documents. We have not included submitting and/or advertising the project for bidding, construction administration or inspection. We can assist with these items as requested and will amend the scope as needed. We have included two (2) virtual meetings with Task 2. One kickoff meeting to confirm expectations and one meeting to discuss the 60% plan submittal. Task 3 —Karlsburger Pond Permittinq The project will require an NPDES Minnesota Pollution Control Agency (MPCA) Construction General Permit if the improvements are over 1 acre of disturbance. We will prepare the pertinent permit materials and submit to the MPCA for this permit. The project is not expected to trigger any other permits. Task 4 — Wetland Delineation We will perform a wetland delineation and MnRAM assessment for the large wetland complex shown on the attached exhibit (labeled Chelsea Open). The delineation will include coordination with the Technical Evaluation Panel for approval of the wetland limits. Authorization for the wetland delineation work needs to occur before October 1St to complete the process in the 2021 growing season. The results of the MnRAM assessment will be used to establish wetland buffers per the City's buffer ordinance. Task 5 — Survey City Lots D, E, F, G We will survey the limits as shown on the attached exhibit for City Lots D, E, F, G. The survey fee assumes that the survey will be done concurrently with the platting survey that WSB has prepared a proposal for under separate cover. We will complete a GSOC to request mapping information on any private utilities within the footprint of the proposed improvements. Task 6 — New Pond, Parcel Grading, and Dalton Way Design Task 6 will include plans and specifications for the project including the parcel mass grading, pond excavation for the location as shown on the attached exhibit (mass grading on City Lots E, F, G and pond excavation on City Lot D), and Dalton Way extension. It is understood that Dalton Way will be extended approximately 450-500 LF and terminate with a new cul-de-sac. Water and sewer main will be extended to serve the new lots as well. It is expected that the plans will consist of a title sheet, removals plans, pond grading plan (including outlet to the existing wetland), site grading plans, plan/profile sheets for the street, detail sheets, SWPPP, erosion and turf management plan, and cross sections. Proposed mass grading and pond excavation limits will be designed to not impact the existing wetland. It is GA.Clients All\Monticello\Proposals\2021 Otter Creek- Karl sburger Pond & Street Expansion\Karlsburger Plans_PROP_09232021.docx Mr. Matt Leonard September 23, 2021 Page 3 understood that the platting (under separate cover), parcel grading, and pond grading will be required to construct Dalton Way; The additional scope and fee to prepare plans/specifications for Dalton Way is not a stand-alone project/cost; the other work items detailed within this proposal will need to be completed as well. We will prepare 60% plans and submit to City Staff for review along with the cost estimate. We will incorporate City comments and prepare 90% plan, specifications, and an updated engineers estimate. As best as feasible we will seek to balance earthwork quantities over the parcels, pond, and Dalton Way extension. WSB's team will prepare a brief summary memo of the volume available in the pond and pertinent stormwater criteria for use with future projects for determining available capacity in the proposed Pond. The proposed pond D will be sized based on the updated stormwater analysis completed in July, 2021 (Otter Creek Monticello Business Center Drainage Study). This task also includes preparation of the final bid documents for the pond, parcel grading, and Dalton Way extension. We have not included submitting and/or advertising the project for bidding, construction administration or inspection. We can assist with these items as requested and will amend the scope as needed. We have included three (3) virtual meetings with Task 6. One kickoff meeting to confirm expectations, one meeting to discuss the 60% plan submittal with City staff, and one meeting for coordination with private utility owners. It has been assumed the City will provide separate public involvement, public hearings, or council meetings with project stakeholders if needed; fee within this proposal has not been included for coordination or attendance at these meetings. Task 7 — Soil Borinas We have included taking 2 borings in the location of the proposed Pond D bottom to determine soil profile and depth to groundwater. The City would like to utilize Pond D for infiltration to meet regional stormwater needs as development occurs. The borings will be utilized to determine if it is feasible to infiltrate and the groundwater elevation to determine if it is feasible to achieve 3' separation (per MPCA requirements). Additionally we have included 12 borings throughout City Lots E, F and G. These borings will inform the design for pad ready lots, necessary compaction and soil corrections as needed. We will provide the City with grading plans for pad ready lots which will minimize future improvements for developer's that acquire these properties. Task 8 — Permittina Mass Gradin The project will require an NPDES Minnesota Pollution Control Agency (MPCA) Construction General Permit. We will prepare the pertinent permit materials and submit to the MPCA for this permit. We propose to design the improvements to not impact the existing wetland and have therefore not included any wetland impact permitting for this project. GA.Clients All\Monticello\Proposals\2021 Otter Creek-Karlsburger Pond & Street ExpansionWarlsburger Plans_PROP_09232021.docx Mr. Matt Leonard September 23, 2021 Page 4 Proposed Fee WSB proposes to complete the Tasks 1-3 on an hourly basis in accordance with our 2021 billing rate schedule for a fee not to exceed $18,900. WSB proposes to complete tasks 4-8 on an hourly basis in accordance with our 2021 billing rate schedule for a fee not to exceed $68,400 (the portion of Task 6 associated with the street/utility extension of Dalton Way is $22,000). This letter represents our understanding of the project scope. If you have any questions concerning the work plan or fee as discussed herein, please feel free to contact me at 612-437- 5629. We look forward to working with you and greatly appreciate the opportunity to assist you and your staff in the completion of this project. Sincerely, WSB Earth Evans, PE Director of Water Resources alp ACCEPTED BY: City of Monticello Name Title Date G:\.Clients All\Monticell o\Proposals\2021 Otter Creek-Karlsburger Pond & Street Expansion\Karlsburger Plans_PROP_09232021.docx ,..• .._ dw 0%par ..,_� CA r I (_� Monticello J DaltonExtend j Outlet Pipe, 630', 0.48% 'Combined Basin 1.4 ac at N WL (932.0) Outlet Elevation 933.01; at EOF at 939.0 , Study Area Chelsea Pond 50% split to Walker Pond and Pond D Karlsburger Pond 7 f Proposed Pond D proposed Storm Sewer Offsite [ __-_v f Walker Pond Proposed Pond D Contours Figure 1 - Proposed Conditions Monticello Business Center Drainage Study City of Monticello, MN '°° ws b Feet 1 inch = 700 feet EDA Agenda: 10/13/21 8. Economic Development Director's Report (JT) A. Block 52 Redevelopment Update: Progress is being made in dialoguing with property owners in Block 52 regarding potential future mixed -use redevelopment. Periodic update conference discussions are also occurring between City staff and the developer, Deephaven Development. Under the Preliminary Development Agreement (PDA) entered into by Deephaven and the EDA, both parties agreed to continue working on various tasks to achieve a workable and economically feasible redevelopment plan for Block 52. The developer has indicated to City staff that it is working diligently on various duties outlined the PDA. The PDA expires on July 15, 2022, though it can be extended through mutual agreement of both parties. B. Shovel Ready Site Certification RFP Solicitation and Proposals: Several sites in Otter Creek Business Park (OCBP) could be enhanced through receiving the Shovel Ready designation. The scope of work activities outlined in the CET grant award (awarded in March 2021) included surveying, environmental studies, and related tasks to boost the readiness and competitive position of industrial sites in Monticello. One of these specific work components is certifying sites as "Shovel Ready" under the Minnesota Department of Employment and Economic Development (MN -DEED) program. In early September, staff prepared an RFP for Shovel Ready Site Certification Services and presented it to the City Council (September 13, 2021). The City Council approved the RFP issuance. RFPs were then sent to numerous engineering consulting firms in the region. Four firms responded by submitting proposals for consideration prior to the deadline. The City Council will consider approving the proposal from WSB & Associates that was deemed the most complete with the best cost at its regular meeting on October 11, 2021. If the City Council accepts the quote and authorizes entering into a services agreement with WSB, the Shovel Ready work activities would commence in the mid to later part of October and will likely be completed by early spring 2022. A full Shovel Ready Certification packet would be provided to MN -DEED as required by late spring 2022 after a site visit by a consultant certification team. The RFP packet is attached to this report as Exhibit A. The WSB Shovel Ready proposal submittal is also attached to this report as Exhibit B. C. Manufacturer's Recognition Event — October 14, 2021 Update: Preparations for the Manufacturer's Recognition Event are progressing. The breakfast event is schedule to be held in the Monticello Community Center (Mississippi Room). Invitations were mailed to approximately 195 individuals. Follow up emails are being sent to all invitees as well. Even EDA Agenda: 10/13/21 though this is a challenging time to hold larger in person events due to COVID-19, it is hoped that the event will be of the quality and as meaningful and relevant as the recent past events. The keynote speaker will be Bob Kill, President and CEO of Enterprise Minnesota. Brian Koslofsky, Executive Director of Wright Tech Center, Buffalo, will also provide a summary update of the WTC's courses and employee training programs. The event invitation is attached to this report as Exhibit C. The Mayor's Proclamation recognizing October 11-17, 2021, as Manufacturing Week in Monticello and the Manufacturing Fun Facts are attached as Exhibits D and E. A Bio for Mr. Kill and a summary of the Enterprise Minnesota mission are also attached as Exhibits F and G. EDA members are encouraged to attend the event if your schedule allows. D. Prospect List Update: Please see the updated Prospect List as Exhibit H. Ua Request for Proposal (RFP) Shovel Ready Certification Application and Supporting Documentation for Industrial Sites in Monticello, MN Three Sites located in Otter Creek Business Park (OCBP) Monticello, Minnesota September 14, 2021 This Request for Proposal (RFP) is for work to complete the required documents and/or studies/assessments necessary to certify as "Shovel Ready" several industrial sites located in the City of Monticello, MN. Completing the Shovel Ready documentation and study steps is an important economic development tool allowing the City to compete at a high level in the arena of industrial development attraction and retention. The project goal is to certify the sites that are currently owned by the City and/or the City of Monticello Economic Development Authority (EDA) as Shovel Ready. In doing so, these parcels will qualify for local, regional, and national industrial facility site searches which use the Shovel Ready documentation steps. The City is seeking a completed turnkey, shovel ready application submittal packet for three separate sites owned by the City/EDA. The project deliverable goal is to enable the City to submit the prepared Shovel Ready Application and all required completed documents/studies to the Minnesota Department of Employment and Economic Development (MN -DEED) for final review and certification action. Upon completion of the process to certify the City's publicly owned sites as Shovel Ready, the City may also seek to engage several local landowners with the appropriate industrial zoning designations and encourage them to participate in the Shovel Ready documentation steps as well. Further information about this potential may be known by early 2022. MN -DEED has comprehensive information regarding the Shovel Ready Certification program on its website. The link is shown below: httas://mn.Rov/deed/government/shovel-readv/shovel-readv/ A listing of the required Shovel Ready documents is shown below: 1. Alta Survey a. ALTA Survey Information — ASC 2005 b. ALTA Survey — ASC 2005 i. Table A options 1-6 & 11 2. Application a. Shovel Ready Application Spreadsheet 3. Building Permit — Site Review Process a. Action required and schedule of local site plan approval b. Action required for building permit application and approval 4. Community Profile — Quality of Life a. Current Community Profile (from MN -DEED) b. Quality of Life Information 5. Environmental and Historical Review a. Phase I Environmental Site Assessment - ASTM Standard E 1527-13 b. Phase II, if Recommended in Phase I — ASTM Standard E 1527-13 c. Historical Review of Site d. Identification of Wetlands via National Wetland Inventory (USFWS) e. Desktop review of Archeological/Cultural Resources (SHPO) f. Desktop review of Threatened and Endangered Species (DNR and FWS) 6. Geo-Technical Soil Tests a. Geo-Technical Soil Tests — ASTM Standard D 420 7. Maps a. Site Map b. Street Map indicating roads and site access c. Topographical Map 8. Ownership Control — Title Commitment a. Proof of Ownership or control — deed, option, or purchase agreement b. Title Commitment — 2006 ALTA Commitment Form 9. Site Information a. Site Information Matrix b. Survey Showing Existing and/or future rail extension (if applicable) c. Site Marketing Materials 10. Site Photos a. Aerial Photos — Site must have border -boundary line shown on the photo b. At Grade Site Photos 11. Utility Information a. Chemical profile of municipal water supply — Consumer Confidence Report 2 b. MPCA MS4 — (Small Municipal Separate Storm Sewer Systems) and SWPPP (Small Municipal Storm Water Pollution Prevention Plan - Requirements) c. SWPPP (Storm Water Pollution Prevention Plan d. Maps/drawing showing utilities 12. Zoning Ordinances a. Zoning Ordinances b. Zoning Maps The City of Monticello currently owns 3 parcels that it seeks to certify as shovel ready. The sites and parcel information are included as Exhibit B. of the RFP. Proposals should include the proposed cost and schedule required for completion of the certification documents/studies for each of the sites in the RFP. The Proposal should also identify staff and/or consultant services that will be involved in the work tasks as well as hourly rates. An initial Project Scope/Understanding meeting is required to be included within the proposals. The desired end -product will be separate Shovel Ready submittal packets (with all required documents -studies) for each site. The Minnesota DEED website contains a sample of all required supporting documents and or studies. The website link connecting to each sample document is shown below: Shovel Ready Document samples https://mn.gov/deed/government/shovel-ready/shovel- read City staff may also have access to some of the required documents and/or studies and can make those available to the selected RFP responder, as needed or requested, to complete the turnkey submittal packets. Examples of these documents include City land development and building permitting process and ordinances, the City ordinance regarding the Storm Water Pollution Prevention Plan (SWPPP) as well as City street and utility maps. The City is requesting end -product deliverables be in the following format: three (3) bound hard copy submittal documents and three (3) electronic USB drives (stick drives) for each separate site [a total of nine (9) bound documents and nine (9) USB (stick) drives]. If the selected RFP responder, in the process of completing the certification documents/studies and or steps, identifies a City consideration or action related to one or more of the sites, the RFP responder shall promptly notify the City of the action it believes would help rectify the issue and allow further work in completing the Shovel Ready documentation to proceed. The deadline for submittal of Shovel Ready Certification RFPs is Wednesday September 22, 2021 at 12:00 p.m. (Noon). The City reserves the right to reject any one and all RFP submittals due to price and/or adjust the scope of the RFP as needed. Questions about the RFP can be directed to: Jim Thares, Economic Development Manager, phone 763-271-3254 or by email atjim.thares(a�-ci.monticello.mn.us. 3 EXHIBITS Exhibit A. MN Shovel Ready Sites — Required Application Exhibits Exhibit B. Map of three sites in Otter Creek Business Park (yellow highlight) Exhibit C. Minnesota DEED Shovel Ready Coordinator Contact information sue.. MN Shovel Ready Sites — Required Application Exhibits A. Alta Survey a. ALTA Survey information required — ASC 2005 b. ALTA Survey — ASC 2005 i. Table A options 1-6 & 11 B. Application l� a. Application spreadsheet C. Building Permit — Site Review Process a. Action required and schedule of local site plan approval b. Action required for building permit application and approval ®. Community Profile — Quality of Life a. Current Community Profile (from DEED) b. Quality of Life information E. Environmental and Historical Review a. Phase I Environmental Site Assessment — ASTM Standard E 1527-05 i. If recommended in Phase I: Phase II Environmental Site Assessment — ASTM Standard E 1527-05 b. Historical review of site C. Identification of wetlands via National Wetland Inventory (USFWS) d. Desktop review of Archeological/Cultural resources (SHPO) e. Desktop review of Threatened and Endangered Species (DNR and FWS) F. Geotechnical Soils Tests a. Geotechnical Soil Tests — ASTM Standard D 420 G. Maps a. Site Map b. Street map indicating roads and site access. C. Topographical map H. Ownership — Control —Title Commitment a. Proof of ownership or control — deed, option or purchase agreement b. Title Commitment — 2006 ALTA Commitment Form I. Site Information a. Site Information Matrix b. Survey showing existing and/or future rail extension (If applicable) C. Site Marketing materials 1 © J. Site Photos a. Aerial Photos — Site must have a border shown on photo b. At grade site photos Pl K. Utility Information a. Chemical profile of municipal water supply — Consumer Confidence Report b. MPCA MS4 (Small Municipal Separate Storm Sewer Systems) and SWPPP (Storm Water Pollution Prevention Plan — Requirements C. SWPPP (Storm Water Pollution Prevention Plan — Requirements) d. Maps/drawings showing utilities 12 L. Zoning Ordinances a. Zoning ordinances b. Zoning maps Checklist of Required Documents Application Application spreadsheet ALTA Survey ALTA Survey — NSPS 2016 Ownership — Control —Title Commitment ❑ Proof of ownership or control — deed, option or purchase agreement ❑ Title Commitment — 2016 ALTA Commitment Form ❑ Site Information Matrix (if applicable) Site Photos ❑ Aerial Photos — Site must have a border shown on photo ❑ At grade site photos Maps ❑ Site Map ❑ Street map indicating roads and site access. ❑ Topographical map Building Permit — Site Review Process ❑ Action required and schedule of local site plan approval process ❑ Action required for building permit application and approval process Community Profile — Quality of Life L Current Community Profile / LOIS or EMSI (Request from DEED) ❑ Quality of Life information (not required) Zoning Ordinances U Zoning ordinances ❑ Zoning maps Environmental and Historical Review ❑ Phase I Environmental Site Assessment — ASTM Standard E 1527-13 ❑ If recommended in Phase I: Phase II Environmental Site Assessment ❑ Identification of wetlands via National Wetland Inventory (USFWS) ❑ Desktop review of Archeological/Cultural resources (SHPO) ❑ Desktop review of Threatened and Endangered Species (DNR and FWS) Geotechnical Soils Tests Geotechnical Soil Tests — ASTM Standard D 420 Utility Information ❑ Chemical profile of municipal water supply — Consumer Confidence Report ❑ MPCA MS4 (Small Municipal Separate Storm Sewer Systems) Requirements ❑ SWPPP (Storm Water Pollution Prevention Plan — Requirements) ❑ Maps/drawings showing utilities Site Information Site Marketing Materials (if applicable) � ciry of � Monticello Regional Context OCBP Shovel Ready Sites . ).. 0- ff - _ ♦ •., � � � � i wn �1• .►` A � GIs � we .�;iMt� �i`.,� �T� � '� � � e ! � � .i F A ii . h f � _ et -+� AV i 0.0 acre ik • CITY Of Monticello Z•- 1 in=376ft N A September 8, 202 Map Powered By DataLink 1 A /r1 k Minnesota Department of Employment and Economic Development (MN -DEED) Shovel Ready Program Program Manager Contact Information 2 0 U 0. z W m U) 0 0 00 v v Cl) m v z ui J 0 a Q W z z 0 0 CO W H 7) U) wsb September 21, 2020 Jim Thares Economic Development Director City of Monticello 505 Walnut Avenue, Suite 1 Monticello, MN 56069 RE: Shovel Ready Site Certification Dear Mr. Thares: Thank you for the opportunity to work with the City of Monticello on the development of the application packet for the shovel ready site certification of the Monticello Site. This letter includes a scope of work and fee proposal to complete the limited Site Certification information for the development site in Monticello identified in illustration below: CO The services included in this scope are ALTA Survey, Desktop Cultural/Biological Evaluation, Z Wetland and Zoning Assessment, Phase 1 Environmental Site Assessment (ESA), and LU Preliminary Geotechnical Investigation. WSB understands the site certifications services are a being completed for preliminary planning and environmental due diligence. WSB further a understand that the Cultural/Biological ical evaluations, Wetland and Zoning Assessments will be z 9 g X desktop reviews and not require on -site observations. The Phase 1 Environmental Site Assessment, Geotechnical Investigation and ALTA Survey will require a site visit. Jim Thares September 21, 2020 Page 2 WSB is proposing the following structure for the project to allow for the site to be efficiently reviewed and the information to be provided to the city in a timely manner. Jim Thares City of Economic Development Monticello Manager The following Site Certification tasks are included in this scope: Task 1: WSB will complete an ALTA Survey which will Options 1-6 and 11 from Table A Task 2: Cultural Resource Study WSB will coordinate and complete a desktop Phase 1A Cultural Resource Reviews within the Area of Potential Effect (APE), or one -mile vicinity, for the development site. The cultural resource study will be completed as a level of due diligence for Section 106 of National Historic Preservation Act. The purpose is to learn whether any significant archaeological or architectural properties exist within the APE. The Phase 1A review will meet the standards, requirements, and guidelines of the Secretary of the Interior's qualifications as outlined in 36CFR800, for conducting work in the state. Review of cultural resource studies may include coordination with the State Historic Preservation Office (SHPO), the Office of the State Archaeologist, and the Tribal Historic Preservation Office. If results of the Phase 1A Cultural Resource Research indicate that a Phase 1 field survey needs to be completed, WSB will coordinate that work with the city as necessary under a separate authorization. A Phase 1 survey will further assist in understanding these sites and help identify if previously unrecorded sites exist within the project area. Subsequent fieldwork would be conducted in accordance with SHPO requirements. Compliance reports will be issued upon completion of research and (if required) fieldwork. Results of the field survey will form the basis for a project report. The report will include a discussion of historical context, inventory results, applicable evaluations, and management recommendations for Section 106 clearance or additional work should it be required (for example - assessment of project effects). This report will meet SHPO standards for Section 106 compliance. If cultural resources are identified during the survey, WSB will provide preliminary evaluation and additional recommendations for site avoidance, impact minimization, or mitigation and assist in agency compliance. The results of the cultural resource study will be summarized in a Cultural/Biological Evaluation report prepared for the site. Jim Thares September 21, 2020 Page 3 Task 3: Endangered Species Review WSB will complete state species data requests through the Department of Natural Resources (or applicable agency) for the site. The species data requests provide information on the state's rare plants, animals, native plant communities, and other rare features. The results of the state search will be summarized in the Cultural/Biological Evaluation report. WSB will also complete reviews for Federal US Fish and Wildlife Service (USFWS) Section 7 Endangered Species, Migratory Bird Treaty Act (MBTA), and Eagles Desktop Review. Section 7 of the Endangered Species Act (Section 7), the Migratory Bird Treaty Act (MBTA), and the Bald and Golden Eagle Protection Act (BGEPA) requires Federal Agencies to consider effects of its undertakings/actions on listed species, and to minimize adverse effects. WSB will review the applicable USFWS Region list of species (which are known to occur in the County of concern) and compare species preferred habitat with known site habitat. If necessary, WSB will coordinate with the USFWS directly. If the city has existing USFWS documentation associated with the site/facilities, WSB may review other pertinent information, if available. The MBTA protects various species of migratory birds that occur in North America. Documented nesting or congregational areas will be identified and evaluated in accordance with applicable USFWS guidance. Desktop review for habitat and occurrences of Bald and Golden Eagles will be completed for the BGEPA. WSB will review any state -level database information regarding known eagle nest locations and summarize the results within the Cultural/Biological Evaluation report. The results of the endangered species review will be summarized in a Cultural/Biological Evaluation report prepared for the site. Task 4: Level 1 Wetland Delineation A level 1 desktop assessment for wetlands will be completed referencing various mapping resources to identify where wetlands likely exist within the site. The level 1 wetland delineation will be completed in conformance with the US Army Corps of Engineers Wetlands Delineation Manual (US Army Corps of Engineers, 1987) and applicable Regional Supplement guidance. WSB will review County Soil Survey information, state Public Waters information, the National Wetlands Inventory, FEMA flood zone map, LiDAR contours, antecedent precipitation records, and historic aerial photos for the site, along with other available information. A summary memorandum and wetland figure depicting probable wetland locations will be prepared. This task does not include obtaining wetland delineation boundary concurrence from regulating agencies since this work is only a desktop review. Information from this review would be the basis for further onsite Level 2 field verification later, which is not included in this scope of services. Should a Level 2 verification be required that would be completed for an additional cost of $4,000. The results of the Level 1 wetland delineation will be summarized in a Cultural/Biological Evaluation report prepared for the site. Task 5: Land Use and Zoning Review WSB will review and summarize the local zoning framework and requirements for the site. Existing land use, potential soil suitability and geological constraints, topography, utility rights of way, vegetation cover types, other special considerations such as airport runway clear zones and nearby nature preserves, etc. will reviewed. The results of the land use and zoning review will be summarized in a Land Use and Zoning Review report prepared for the site. Jim Thares September 21, 2020 Page 4 Task 6: Phase 1 Environmental Site Assessment (ESA) The Phase I ESA will be performed in general conformance with the ASTM E1527-13 Standard Practice for Environmental Site Assessments. The following items will be performed as part of the Phase I ESA: Historic Records Review WSB will obtain federal and state regulatory database information for the property from a commercial regulatory vendor to evaluate for potential environmental conditions. This work will not include a detailed review of all the sites listed in the regulatory database searches. The following historical records will be reviewed: • Sanborn Fire Insurance Rate Maps • Historic Aerial Photography • City Directories • Historic Topographic Maps • Federal EPA -listed sites including NPL, CERCLIS, RCRA, and ERNS • State -listed sites including UST, LUST, spills, landfills, and other state listed sites • Regulatory file review for applicable sites as required per ASTM E 1527-13 Interviews WSB will conduct interviews with property representatives (via phone or in person) regarding past and current property use activities. Any entity relying on the Phase I ESA will complete a User Questionnaire provided by WSB. The following representatives will be contacted and interviewed (if available): • Current or past property owners • Current property management or maintenance staff • City building and inspection department • City fire department Property Reconnaissance WSB will make a direct visual inspection of the property and adjoining properties. All adjoining properties will be viewed from the public right-of-way. The property reconnaissance will include observation and documentation of the following: • Location of visible above ground or underground storage tanks • Location of chemical or hazardous material storage • Location of water bodies (if present) • Condition of vegetation and exposed soils • General property topography • Photographic documentation Reporting WSB will summarize the results of the Phase I ESA in a final documentation report. This task does not include those items considered non -scope by ASTM Standard E1527-13 such as: asbestos, lead -based paint, radon, lead in drinking water, wetlands, regulatory compliance, cultural/historic resources, industrial hygiene, indoor air quality, biological agents, or mold sampling and analysis. Should a Phase 2 ESA be warranted, (currently not included in this scope of work) that would be completed for $12,000-$15,000. Jim Thares September 21, 2020 Page 5 The report will follow the format described in the ASTM E1527-13 and shall at a minimum include the following: • Supporting documentation upon which the findings and opinions are based • Scope of services performed • A "findings" section which will include any recognized environmental conditions (RECs) • The opinion of the environmental professional • Any conclusions drawn from the assessment Task 7: Geotechnical Investigation WSB will conduct a desktop review of the of the site to gain information regarding geotechnical aspects of the site. WSB will review pertinent public domain information that is readily available for the site in question. We will prepare a report discussing our findings and provide comments as to the site's suitability for construction of the proposed structures. Should the project move forward, this review will also help us select potential borehole locations and scope out services for a Preliminary Geotechnical Evaluation or a Geotechnical Evaluation depending on how the project progresses. Should the City want to have soil borings completed those would be completed under a separate proposal. Desktop Geotechnical Enaineerina Report The desktop geotechnical engineering report will include: • Review of available historic aerial photographs, geological atlases, UDAR maps and other selected public information that will aid in identifying subsurface conditions • Broad discussions on potential geotechnical conditions that may impact building and site development • Preliminary comments and discussion of: o Excavation and dewatering considerations o Site preparation and earthwork considerations o Potential foundation types General Scope Assumptions The following general scope assumptions are provided: • Tasks 2-5 are desktop reviews and will be summarized in a final site evaluation report. • Tasks 1, 6 and 7 will require a site visit and be summarized in standalone reports prepared for the site. • The City and WSB will arrange site access and provide associated documentation to complete Tasks 1, 6 and 7. • Task 6 does not include an Environmental Lien Search or Account Activity and Use Limitation search to satisfy the All -Appropriate Inquiry rule. If this search is required, the service can be provided for an additional $200. • If reliance letters are desired, they can be provided for an additional $400 per letter. • The city will provide one review/comment of all reports. • If additional work is required beyond the above -described scope, it will be completed upon written authorization from the City. Jim Thares September 21, 2020 Page 6 The final comprehensive report for the site will be created in a format that meets the requirements of the city for the shovel ready application. The report shall be provided in both a printed and electronic copy. Scheduling of Projects Upon receiving notice to proceed (NTP), we would anticipate the following schedule for completion of the review of the site. The NTP would include the identification of the proposed site and the required right of entry to proposed site for the completion of the field exploration. • Mobilization to a site within 2-3 weeks of NTP. • Preliminary draft reports completed within 3 weeks of completion of field explorations. • Final reports to City in 30-45 days from NTP excluding any required responses from governmental agencies. • This schedule would anticipate no additional work being required for the site for the completion of the proposed tasks. Total Proposed Fee (Tasks 1-7) The proposed fee for the above -described professional services is a not to exceed total of $29,500 for the Monticello site. Table 1: Overall Fee Summary Tasks Monticello Site Fee Task 1 — ALTA Survey $3,000 Task 2 - Cultural Resource Stud(Desktop) $3,000 Task 3 - Endangered Species Review(Desktop) $1,200 Task 4 - Level 1 Wetland Delineation(Desktop) $1,800 Task 5 - Land Use and Zoning Review $7,500 Task 6 - Phase 1 ESA $5,000 Task 7 - Geotechnical Investigation(assuming borings) $8,000 Totals $29, 500 We appreciate the opportunity to submit this scope and fee proposal. Upon authorization of this scope, WSB can proceed with the tasks within 30 days. If you have questions or require additional information, please contact Jim Gromberg at (763) 762-2846. Sincerely, WSB & Associates, Inc. Brian Bourassa Jim Gromberg Principal Economic Development Coordinator 0 R 3011UOIN do AIID r y ik" -" -," tu��' i !* \ Ile ?! I r _ Y 3, "'t—Y !gA, SPONSORED BY: HOSTED BY: Monticello EDA Hali Sittig James Davidson, City Council Liason Jon Morphew Mayor Lloyd Hilgart, Monticello 011ie White Steve Johnson, EDA President Tracy Hinz Xcel Energy WSB & Associates RiverWood Bank Sherburne State Bank RSVP: Please RSVP to Vicki Leerhoff by Oct. 11, 2021. vicki.leerhoff@ci.monticello.mn.us 1763.295.2711 Monticello IEDC Andrew Tapper, Genereux Fine Wood Products and Westlund Distributing Brian Hudgins, Monticello City Council Darek Vetsch, Wright County Board of Commissioners Dave Tombers, Xcel Energy Dick Van Allen, Monticello Resident Don Roberts, Cargill Kitchen Solutions Eric Olson, Superintendent, Monticello Public School District Jim Thares, Economic Development Manager, Monticello Jolene Foss, Executive Director, Wright County Economic Development Partnership Joni Pawelk, CentraCore Health System Kevin Steffensmeier, President, Riverwood Bank Liz Calpas, Monticello Chamber of Commerce Board of Directors Luke Dahlheimer, Dahlheimer Beverage Distributing Marcy Anderson, Executive Director, Monticello Chamber of Commerce & Industry Meghan Hanson, Avivo Rachel Leonard, City Administrator, Monticello Randy Skarphol, IECD Chair, Loan Officer, Riverwood Bank Sarah Kortmansky, Chief Lending Officer, Sherburne State Bank Steve Johnson, EDA President Thomas Conboy, Site Manager, Xcel Energy -Monticello Nuclear Generating Plant Tim Zipoy, Minnesota Workforce Center Wayne Elam, Commercial Realty Solutions Thank you for all your hard work! The City of Monticello EDA and IEDC are happy to announce the 2021 Manufacturer's Recognition Breakfast will be on Thursday, October 14 from 7-8:30 a.m. in the Mississippi Room at the Monticello Community Center. We're excited to celebrate MN Manufacturer's Week and recognize the hard work and positive community impact of Monticello's manufacturing and industrial businesses! Keynote Speaker, Bob Kill, President & CEO of Enterprise Minnesota Catering by: Cornerstone Cafe & Catering Floral by: Live, Laugh, Bloom The City of Monticello follows the MN Department of Health's COVID-19 protocols. If you have symptoms, have been exposed to or had someone in your family test positive within 14 days of the event, we ask that you please stay home. At this time, face coverings are optional. If this policy changes prior to the event, you will be notified via email. Whereas: Manufacturing is a dynamic and robust industry, crucial to the health and strength of Minnesota's diverse economy; and Whereas: Manufacturing added $50.8 billion to Minnesota's economy in 2020, representing the second-largest contribution (14 percent) to the state's gross domestic product by any industry; and Whereas: Workers took home $21.9 billion in wages from Minnesota manufacturing jobs in 2020, the second-largest total payroll among private sector industries; and Whereas: Manufactured exports brought $18.8 billion into the Minnesota economy in 2020; and Whereas: Manufacturing in Minnesota pays an average annual wage of $70,860, which is 10 percent higher than the state's overall average wage; and Whereas: Manufacturing provides over 309,000 highly skilled, well -paying jobs, which significantly contribute to Minnesota's high standard of living and economic vitality; and Whereas: A total of 34 Manufacturing firms in Monticello provide over 2,400 good paying jobs, while also increasing the economic vitality through annual property tax payments to the City which cumulatively comprises more than 56 percent of the property taxes paid to the City; and Whereas: Monticello's Comprehensive Plan outlines a sustainable and diverse local economy as a goal and recommends achieving this through supporting and enhancing local manufacturing firms; and Whereas: It is also recognized that the local Manufacturers are continuously adapting and offering technology training and skill improvement programs to their workforce in collaboration with local partners such as educational institutions in order to benefit the productivity of their firms while at the same time providing a career growth path for their workers Now, therefore, I, Mayor Lloyd Hilgart, Mayor of the City of Monticello, do hereby proclaim that the week of October 11 to October 17, 2021, shall be observed as: MINNESO TA MANUFACTURING WEEK in the City of Monticello on this 1 lth day of October, Two Thousand and Twenty -One. MAYOR MN Manufacturing Quick Facts for Breakfast October 10, 2021 1. Since 1988, Monticello has added over 1,500 jobs in Manufacturing. 2. As of 2020, Monticello Manufacturers employ over 2,400 people. 3. Monticello manufacturers employ 23.4% of city's entire workforce. 4. Xcel Energy Inc. employs the most people in Monticello at over 650 employees. 5. As of March 2021, Wright County employs over 5,900 Minnesotans in Manufacturing. 6. Manufacturing contributes over $50.8 billion a year to the state's economy. 7. The state of Minnesota has more than 8,300 manufacturers making a wide range of products. 8. The manufacturing industries employ over 309,000 Minnesota workers as of January lit 2020. 9. Manufacturing employment in MN is 30 percent more concentrated than the national average. 10. Fabricated Metal, Food, Machinery and Miscellaneous Manufacturing account for over half of all manufacturing establishments in MN. Bob Kill speaker information Enterprise Minnesota www.enterpriseminnesota.org Bob Kill bio Bob Kill is president and CEO of Enterprise Minnesota, a nationally recognized consulting organization that works with Minnesota manufacturers to help them compete and grow profitably. Bob is recognized as a spokesperson for Minnesota's manufacturing industry and is regularly quoted in national and regional media on manufacturing trends and industry outlook. He has appeared before the Minnesota State Legislature and the U.S. Congress emphasizing the high value of manufacturing to our economy. In 2011 he was recognized by Twin Cities Business Magazine as "one of 200 Minnesotans you should know." About Enterprise Minnesota ENTERPRISE MINNESO A�RL ° Enterprise Minnesota is a consulting organization that works exclusively with manufacturers in Minnesota to help them compete and grow profitably. We also serve as the "voice" for the industry, raising visibility and appreciation for the value manufacturers provide our communities and the state's economy. Our affiliation with the Manufacturing Extension Partnership (MEP) further positions us to offer clients leading -edge services to improve manufacturing operations and strengthen business. Our consultants, who live and work throughout the state, help manufacturers grow profitably through five interconnected service areas: strategic planning and revenue growth, talent and leadership development, manufacturing peer councils, ISO management systems, and continuous improvement. These service areas work together to provide a holistic approach to business management and growth. SThe One of Enterprise Minnesota's major annual initiatives is the State of tafteManufacturing° survey. Each year, our pollster interviews over 400 Minnesota ofmanuraciurm5n manufacturing executives to gauge their perceptions on the state of their businesses, their outlook on the economy in the year ahead and other issues impacting business and employees. Learn more about the State of Manufacturing survey. We produce Enterprise Minnesota® magazine, a quarterly publication that F>. shares the remarkable stories of leaders and innovators in Minnesota's - 2 manufacturing industry. It provides unmatched insights in the strategies driving profitable growth for manufacturers across the state. Read Enterprise Minnesota magazine on our website. Enterprise Minnesota is the state's official representative organization of the Manufacturing Extension Partnership (MEP), a federal public -private partnership with organizations in all 50 states and Puerto Rico dedicated to serving small and medium-sized manufacturers. Learn more ahniit KAFP To learn more about Enterprise Minnesota and how we support Minnesota's manufacturing industry, please visit our website at www.enterpriseminnesota.org. 2100 Summer St NE Minneapolis, MN 55413 MEP National 612.373.2900 enterprise minnesota.org 0 Network- Date of Contact ./12/20: ./17/20: 6/22/2017 10/17/2017 5/22/2018 7/30/2018 8/10/2018 11/29/2018 12/14/2018 3/28/2019 5/9/2019 8/16/2019 9/19/2019 1/20/2020 3/31/2020 PR05PECT L15T Company Name Business Category Project Description MN DEED Prospect Metal Mfg. Exist Facility + Equip Project Armstrong Precision Machining New Facility Constr. + Equip UMC Project #6580 Metal Mfg. New Facility Constr. Project Ted Equipment Mfg. New Equipment Karlsburger Foods Food Products Mfg. Facilty Expansion III Project Saturn Plastic Products Mfg. New Construction Project Jupiter Metal Mfg. New Construction Project Blitzen Precision Machining Exist Bldg or New Const. Project Comet Commercial Bus New Const. Project Nutt Co -Working Space Existing Building Project FSJP Light Mfg -Res. Lab New Construction Project Jaguar Office New Construction Project Kata Service New Construction Project Panda v3 Service -Child Care New Construction Project GiaSaurus Medical Prod. Mfg. New Construction 10/13/2021 Building -Facility Retained Jobs New Jobs Total Investment Project Status 65,000 sq. ft. 0 55 - $2,500,000 Active 100 Search 58,000 sq. ft. 205 60 $10,831,000 Construction 70,000 sq. ft. 0 49 $5,480,000 On Hold N/A 45 ? $650,000 Concept Stage 20,000 sq. ft. +/- 42 10 to $4,500,000 Act -Plan -Fin 20 5,000 +/- sq. ft. 4 +/- $830,000 Active Search 5,000 sq. ft. +/- 3 $800,000 Active Search 12,000 sq. ft. 10 $1,200,000 Concept Stage 1,700 sq. ft. +/- 7 $700,000 Active ? ? ? ? Concept cr.oA 20,000 sq. ft. 0 20 +/- $1,400,000 Active 22,000 sq. ft. 22 4 $2,700,000 Active 22,000 to 35,000 sq. ft 0 25 $7,900,000 Concept cl 10,500 sq. ft. 0 21 $4,100,000 Active Search 175,000 sq. ft. 0 75 $50,000,000 Active C.-k 8/27/2020 Project Nuss Combo Service -sale New Construction 30,000 sq. ft. 0 12/23/2020 Project TD Industrial Existing or New Construction 10,000 to 15,000 sq. 0 ft 11/5/2020 Project Flower Office Existing 7,000-8,000 sq. ft. 0 2/16/2021 Project Cold Industrial -Warehouse -Di New Construction 80,000 sq. ft. 0 stri 2/18/2021 Project Shay Lounge -Restaurant Existing Bldg. 2,200 0 2/18/2021 Project Counsel Office -Service New Construction 5,600 sq. ft. 24 3/19/2021 Project Orion Warehouse-Distributi New Construction 832,500 sq. ft. 0 on 4/23/2021 Project Emma Light Ind -Assembly New Construction 20,000 sq. ff. 0 6/3/2021 Project FCW Service New Construction w Redev 4,000 sq. ft. 0 20 to $3,500,000 Concept 30 Stage 5 to 7 $800,000 Concept ,zt- 12 $750,000 Concept Stage 21 $12,000,000 Concept Stage 4 $150,000 Concept Stage 3 $1,120,000 Concept Stage 500 $125,000,000 Active Search 4 $1,350,000 Active Search 9 $4,619,000 Concept Sta 6/16/2021 Project UBAA Child Care Services New Construction or Exist 5,000 sq. ft. 0 14 to 19 $2,000,000 Act Search 6/30/2021 Project Ecosphere Industrial Tech Mfg. New Construction 1,000,000 sq. ft. 0 1122 $85,000,000 Act Search 7/29/2021 Project BA710 Lt Assem-Distribute New Construction 6,500 to 7,000 sq. ft 0 10 $650,000 Active 8/12/2021 Project Integrity Precision Mtglff New Construction 100,000 sq. ft. 0 60 $14,800,000 Active Search Contacts: M = 0 YTD = 25