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EDA Agenda - 01/12/2022AGENDA REGULAR MEETING - ECONOMIC DEVELOPMENT AUTHORITY (EDA) Wednesday, January 12th, 2022 — 6:00 p.m. Mississippi Room, Monticello Community Center Commissioners: President Steve Johnson, Vice President Jon Morphew, Treasurer Tracy Hinz, 011ie Koropchak-White, Hali Sittig and Councilmembers Lloyd Hilgart and Jim Davidson Staff. Executive Director Jim Thares, Rachel Leonard, Angela Schumann, Hayden Stensgard 1. Call to Order 2. Roll Call 3. Consideration of Additional Agenda Items 4. Consent Agenda a. Consideration of Approving Regular Meeting Minutes — December 8, 2021 b. Consideration of Approving Payment of Bills c. Consideration of Approving 2022 Wright County Economic Development Partnership (WCEDP) Membership and authorizing payment of Annual Fee in the amount of $2,606 Regular Agenda 5. Consideration of Authorizing Solicitation of Quotes for a Full Vacant Land Appraisal of 16.71-acre parcel, Country Club Manor, Outlot A 6. Consideration of Adopting Resolution #2022-01 authorizing submittal of Redevelopment Grant application to MN -DEED in the amount of $517,500 7. Consideration of 2022 WSB Economic Development Assistance Contract Renewal in the amount of $10,800 8. Consideration of authorizing a Professional Services contract with LHB, Inc. to complete TIF Blight Study Findings for Block 52 in the amount of $16,400 9. Consideration of authorizing a Professional Services Contract with AE2S for Marketing Service in the amount of $24,971 10. Consideration of discussion of Proposed 2022-2024 EDA Workplan 11. Economic Development Director's Report 12. Adjourn MINUTES REGULAR MEETING - ECONOMIC DEVELOPMENT AUTHORITY (EDA) Wednesday, December 8th, 2021— 6:00 p.m. Mississippi Room, Monticello Community Center Commissioners Present: President Steve Johnson, Vice President Jon Morphew, Treasurer Tracy Hinz, 011ie Koropchak-White, Hali Sittig and Councilmembers Lloyd Hilgart and Jim Davidson Staff Present: Executive Director Jim Thares, Angela Schumann, Hayden Stensgard 1. Call to Order President Steve Johnson called the regular meeting of the Monticello EDA to order at 6:05 p.m. 2. Roll Call President Steve Johnson took roll. 3. Consideration of additional agenda items None 4. Consent Agenda a. Consideration of Aaarovine Regular Meeting Minutes — November 10. 2021 b. Consideration of Aaarovine Workshop Meeting Minutes — November 10. 2021 c. Consideration of Payment of Bills JIM DAVIDSON MOVED TO APPROVE THE DECEMBER 8, 2021, REGULAR MEETING CONSENT AGENDA. HALI SITTIG SECONDED THE MOTION. MOTION CARRIED UNANIMOUSLY, 7-0. Regular Agenda 5. Consideration of Business Subsidy Affordable Housing Tax Increment Financing (TIF) ADDlication from Headwaters Development for Multi-familv and Twin -home patio homes on EDA owned land located at Country Club Addition, Outlot A and Authorizi EDA staff and Consultants to draft TIF Plan and a DRAFT Purchase and Development Contract for the sale and development of the land EDA Executive Director Jim Thares provided an overview of the agenda item to the EDA and the public. Mr. Thares noted for the meeting tonight, that items five (5), six (6), and seven (7) are all related. Item 5 includes the TIF application for development of 60 twin home units as well as a 108 unit apartment complex. Mr. Thares explained the details of the TIF scenario for these two projects located on the same parcel of land. Mr. Thares said that the proposed apartments and homes are specifically for seniors (55 +). He also noted the proposed development phasing which impacts the overall planning steps. Michael Hoagberg, Headwaters Development LLC., assured the EDA that they are flexible in some aspects of the process, and they will accommodate staff's and the EDA's recommendations and requests as this project continues to proceed. Mr. Hoagberg noted that the preference on phasing is beginning to construct the villas first. Tracy Hinz asked about potential amenities and if those are firmly decided at this time. Mr. Hoagberg said the proposal is site and community based. He referenced they will proceed based on information and knowledge of the community like how they did for Willow's Landing on Hart Boulevard in Monticello. They want to fill an identified gap in housing needs in the community. 011ie Koropchak-White noted that these villas are all for rent and asked if this project would provide the opportunity for residents to own their respected villa. Mr. Hoagberg said that as of now it is all for rent, he noted that in the future, there may be a chance that there could be opportunities for ownership versus rental if it does not negatively impact the TIF district requirements. Steve Johnson addressed the affordability rating on this project for establishing a TIF District and asked if that was based on the just the villas or if it is tied to the villas and the apartments. Mr. Hoagberg said that it was based off the whole project. Hali Sittig asked if Willow's Landing was at full capacity or had room for more occupancy. Mr. Hoagberg said that it is not quite full, but it is close to being at max occupancy. Ms. Sittig also asked about the study that the developers used to decide the number of units for this project and asked if that was based off Monticello and the surrounding community's needs. Mr. Hoagberg clarified that the number of units was reached based off Monticello's needs alone. Jon Morphew asked if previous projects Headwaters has done include villas like the proposed project in Monticello. Mr. Hoagberg confirmed that they have utilized the villa style home for similar projects in the past. TRACY HINZ MOVED TO ACCEPT THE TIF APPLICATION AND AUTHORIZE STAF AND EDA CONSULTANTS TO DRAFT TIF PLAN AND RELATED DOCUMENTS AND A DRAFT PURCHASE AND DEVELOPMENT CONTRACT FOR THE SALE AND DEVELOPMENT OF THE 16.71 ACRE COUNTRY CLUB ADDITION, OUTLOT A PARCEL. OLLIE KOROPCHAK-WHITE SECONDED THE MOTION. MOTION CARRIED UNANIMOUSLY, 7-0. 6. Consideration of Resolution #2021-14 Calling for City Council to hold a Public Hearing related to establishing an Affordable Housing TIF District, #1-42 Mr. Thares provided an overview of the agenda item to the EDA and the public and noted this is connected to item five (5) on the agenda. Mr. Thares noted that if this was approved, it would subsequently move on to the City Council the following week. MAYOR LLOYD HILGART MOVE TO ADOPT RESOLUTION #2021-14, REQUESTING THE CITY COUNCIL CALL FOR A PUBLIC HEARING RELATED TO ESTABLISHING AFFORDABLE HOUSING TIF DISTRICT #1-42. OLLIE KOROPCHAK-WHITE SECONDED THE MOTION. MOTION CARRIED UNANIMOUSLY, 7-0. 7. Consideration of Northland Securities, Inc. Financial Services Agreement related to Tax Increment Financing (TIF) "But -For" Analysis and Plan preparation for proposed Affordable Housine TIF District. #1-42 Jim Thares provided an overview of the agenda item to the EDA and the public. OLLIE KOROPCHAK-WHITE MOVED TO APPROVE NORTHLAND SECURITIES, INC.'S FINANCIAL PLANNING AGREEMENT FOR SERVICES RELATED TO CREATION OF AN AFFORDABLE HOUSING TIF DISTRICT. LLOYD HILGART SECONDED THE MOTION. MOTION CARRIED UNANIMOUSLY, 7-0. 8. Consideration of Feedback and Direction of Pr000sed Marketine Plan-Strateev for 2022-2023 Jim Thares provided an overview of the agenda item to the EDA and the public. Mr. Thares noted that the City submitted a $500,000 Community Energy Transition (CET) Grant application which was awarded in March of 2021. The budget included $25,000 for marketing activities. The development of a comprehensive marketing strategy for the EDA is part of that scope of work. Staff is suggesting the EDA consider working with AE2S regarding full development of a marketing strategy and plan. Thares noted the five areas of focus that staff identified for the marketing strategy. EDA feedback was sought and provided. Hali Sittig asked about other vendors who might have applied or requested to develop this marketing strategy. Jim Thares said recently, for other, smaller marketing projects, the EDA has utilized local businesses. For instance, post cards designed for Block 52. This project is much larger than that and AE2S has provided examples of there work in marketing strategies. Community Development Director Angela Schumann also mentioned the narrow timeframe related to accomplishing the grant work scope and also that AE2S presented the City with a creative ideas and they are were willing to provide a marketing strategy which has been an EDA goal of for some time. Ms. Sittig asked staff if those goals were provided by staff, or AE2S. Mr. Thares clarified that the goals were provided by staff to AE2S. Ms. Hinz entertained the idea of having a workshop in January between the EDA and AE2S to discuss how to develop the marketing strategy. Ms. Schumann mentioned that the CET grant award will also enable the EDA owned sites to become shovel ready certified. That document set can also be incorporated into the materials of the marketing strategy. The expectation is to be able to provide both digital and print forms of the strategy to businesses and developers. Ms. Koropchak-White asked if the shovel ready part of the award was specific to the Otter Creek Business Park. Ms. Schumann confirmed. Mr. Morphew asked if staff has reached out to references of AE2S. Mr. Thares said that will be done if the EDA feels this is the correct path forward. Ms. Hinz brought up the idea of including the Monticello Chamber of Commerce into the marketing strategy to provide opportunity information to business outside of industrial. Ms. Koropchak-White asked if part of the plan included asking new generations of Monticello business why they chose Monticello. Mr. Thares said that Ms. Koropchak- White's idea is a good one and can be incorporated into the work efforts. Mr. Thares said that there will likely be a workshop with AE2S to further discuss the marketing strategy. Mayor Hilgart said that the time is right and is confident AE2S will provide adequate deliverables and believes this type of plan could be discussed at the council level as well. Ms. Hinz entertained the idea of having more commissioners being involved in projects like the marketing strategy. Ms. Schumann noted that the members of all boards will be meeting on January 10, 2022, to discuss the redevelopment of the majority of Block 52. She also noted that recently the first meeting of The Pointes at Cedar Compass Committee occurred, where members of the community have an opportunity to provide feedback for the public spaces at The Pointes at Cedar. An EDA liaison, as well as community members, are encouraged to go to these meetings and provide feedback. 9. Economic Development Manager's Report Mr. Thares provided an overview of the Economic Development Manager's report to the EDA and the public. Mr. Thares noted long-time Monticello EDA attorney, Martha Ingram, announced her retirement effective 1-31-2022. She is a partner with Kennedy & Graven Chartered. She has recommended that the Monticello EDA work files be assigned to Gina Fiorini at the firm. Mr. Thares continued with an update of the EDA's pending acquisition of 113 W Broadway St, which was approved in November. The closing transaction is scheduled to occur on December 17, 2021. Redevelopment plans and steps for Block 52 are tentatively planned for January 10, 2022, prior to the regularly scheduled City Council meetings. The meeting will include the City Council, EDA, PARC, and Planning Commission. Mr. Thares also provided an update on the lot layout of future developable land in Otter Creek Business Park. Mr. Thares concluded the report with an overview of the list of business prospects for Monticello. Ms. Koropchak-White asked if the current businesses in Otter Creek Business Park were still looking to expand. Mr. Thares noted that this is still the situation as we move forward into early 2022. Mr. Morphew asked if there were any updates on the Due North Car Wash being built in town. Mr. Thares updated the EDA indicating that the construction of the facility is making progress and looks like it could be ready to open by the desired date of late March 2022. 10. Adjourn TRACY HINZ MOVED TO ADJOURN THIS REGULAR MEETING OF THE MONTICELLO EDA. HALLI SITTIG SECONDED THE MOTION. MOTION CARRIED UNANIMOUSLY, 7-0. MEETING ADJOURNED AT 7:22. Accounts Payable Transactions by Account CITY F �User: Debbie.Davidson effo Printed: 12/10/2021 - 12:23PM Batch: 00203.12.2021 Account Number Vendor Description GL Date Check No Amount PO No 213-00000-155010 DAVID BARTHOLOMAY 2022 Leadership Growth Group Seric, 12/14/2021 124859 600.00 Vendor Subtotal for Dept:00000 600.00 213-00000-157010 OLD REPUBLIC TITLE Closing on Property @ 113 W Broadw 12/14/2021 124911 527,313.90 Vendor Subtotal for Dept:00000 527,313.90 213-46301-415100 TRAVELERS Addt'l Work Comp Ins Prem 10/10/21 12/14/2021 124928 185.00 Vendor Subtotal for Dept:46301 185.00 213-46301-421990 MARRS ADVERTISING & DESIG: (500) bus. cards QT) 12/14/2021 0 53.50 Vendor Subtotal for Dept:46301 53.50 213-46301-430300 WSB & ASSOCIATES INC 2021 Economic Development Service: 12/14/2021 0 228.00 Vendor Subtotal for Dept:46301 228.00 213-46301-430400 KENNEDY AND GRAVEN CHAR] General EDA- Oct 2021 12/14/2021 124890 202.00 213-46301-430400 KENNEDY AND GRAVEN CHAR] 113 West Broadway -Oct 2021 12/14/2021 124890 1,426.70 AP -Transactions by Account (12/10/2021 - 12:23 PM) Page 1 Account Number Vendor Description GL Date Check No Amount PO No Vendor Subtotal for Dept:46301 1,628.70 213-46301-431990 WSB & ASSOCIATES INC 2021 Economic Development Service: 12/14/2021 0 650.00 Vendor Subtotal for Dept:46301 650.00 213-46301-431993 WSB & ASSOCIATES INC 2021 Economic Development Service; 12/14/2021 0 850.00 213-46301-431993 WSB & ASSOCIATES INC Downtown Redevelopment Project - C 12/14/2021 0 1,060.00 Vendor Subtotal for Dept:46301 1,910.00 213-46301-443990 DEMVI LLC Parking Lot Maintenance - Dec 2021 12/14/2021 124872 198.02 Vendor Subtotal for Dept:46301 198.02 213-46540-465110 GRANITE CITY REAL ESTATE Pay As You Go - 2nd Pmt 2021 IntereE 12/14/2021 124880 5,863.37 Vendor Subtotal for Dept:46540 5,863.37 213-46585-465110 LAXMI HOTEL INC Pay As You Go - 2nd Pmt 2021 - Inter, 12/14/2021 124894 5,993.34 Vendor Subtotal for Dept:46585 5,993.34 Subtotal for Fund: 213 544,623.83 Report Total: 544,623.83 AP -Transactions by Account (12/10/2021 - 12:23 PM) Page 2 Accounts Payable Transactions by Account CITY F � User: Julie. onti effo Printed: 12/29/2021 /2021 - 11:36AM Batch: 00204.12.2021 Account Number Vendor Description GL Date Check No Amount PO No 213-00000-220110 KENNEDY AND GRAVEN CHAR] 21TOO 1 -Headwater Housing TIF - N( 12/30/2021 124983 375.00 Vendor Subtotal for Dept:00000 375.00 213-46301-430400 KENNEDY AND GRAVEN CHAR] 113 West Broadway -Nov 2021 12/30/2021 124983 1,909.60 213-46301-430400 KENNEDY AND GRAVEN CHAR] UMC Economic TIF Development - P 12/30/2021 124983 50.00 213-46301-430400 KENNEDY AND GRAVEN CHAR] EDA Resolution Re:113 West Broadw 12/30/2021 124983 144.00 213-46301-430400 KENNEDY AND GRAVEN CHAR] General EDA- Nov 2021 12/30/2021 124983 373.00 Vendor Subtotal for Dept:46301 2,476.60 213-46301-443990 LIVE LAUGH AND BLOOM CenterPieces for Industry of Year Brea 12/30/2021 124986 365.00 Vendor Subtotal for Dept:46301 365.00 Subtotal for Fund: 213 3,216.60 Report Total: 3,216.60 AP -Transactions by Account (12/29/2021 - 11:36 AM) Page 1 Accounts Payable Transactions by Account CITY F User: Julie.Cheney e Printed: 12/20/2021 - 1:37PM onti ffo Batch: 00201.12.2021 Account Number Vendor Description GL Date Check No Amount PO No 213-46301-438200 CITY OF MONTICELLO 7256-004 - 130 Brdwy- Stormwtr 12/15/2021 0 19.25 213-46301-438200 CITY OF MONTICELLO 7256-007 - 103 Pine St- EDA 12/15/2021 0 37.97 213-46301-438200 CITY OF MONTICELLO 7256-008 - 112 River St. W EDA 12/15/2021 0 37.97 Vendor Subtotal for Dept:46301 95.19 213-46301-443990 US BANK CORPORATE PMT SYS Monti Chamber - Nov Chamber Luncl 12/15/2021 0 15.00 Vendor Subtotal for Dept:46301 15.00 Subtotal for Fund: 213 110.19 Report Total: 110.19 AP -Transactions by Account (12/20/2021 - 1:37 PM) Page 1 Accounts Payable Transactions by Account CITY F � User: Debbie.DavidsonontiPrinted: 01/03/2022 - 2:34PM effo Batch: 00215.12.2021 Account Number Vendor Description GL Date Check No Amount PO No 213-46301-438100 XCEL ENERGY 51-13295413-8 - 103 Pine St 12/31/2021 0 41.86 Vendor Subtotal for Dept:46301 41.86 Subtotal for Fund: 213 41.86 Report Total: 41.86 The preceding list of bills payable totaling $547,992.48 was reviewed and approved for payment. Date: 1 /12/22 Approved by Tracy Hinz- Treasurer AP -Transactions by Account (O1/03/2022 - 2:34 PM) Page I Accounts Payable Transactions by Account CITY F �User: Debbie.Davidson effo Printed: 12/10/2021 - 12:23PM Batch: 00203.12.2021 Account Number Vendor Description GL Date Check No Amount PO No 213-00000-155010 DAVID BARTHOLOMAY 2022 Leadership Growth Group Seric, 12/14/2021 124859 600.00 Vendor Subtotal for Dept:00000 600.00 213-00000-157010 OLD REPUBLIC TITLE Closing on Property @ 113 W Broadw 12/14/2021 124911 527,313.90 Vendor Subtotal for Dept:00000 527,313.90 213-46301-415100 TRAVELERS Addt'l Work Comp Ins Prem 10/10/21 12/14/2021 124928 185.00 Vendor Subtotal for Dept:46301 185.00 213-46301-421990 MARRS ADVERTISING & DESIG: (500) bus. cards QT) 12/14/2021 0 53.50 Vendor Subtotal for Dept:46301 53.50 213-46301-430300 WSB & ASSOCIATES INC 2021 Economic Development Service: 12/14/2021 0 228.00 Vendor Subtotal for Dept:46301 228.00 213-46301-430400 KENNEDY AND GRAVEN CHAR] General EDA- Oct 2021 12/14/2021 124890 202.00 213-46301-430400 KENNEDY AND GRAVEN CHAR] 113 West Broadway -Oct 2021 12/14/2021 124890 1,426.70 AP -Transactions by Account (12/10/2021 - 12:23 PM) Page 1 Account Number Vendor Description GL Date Check No Amount PO No Vendor Subtotal for Dept:46301 1,628.70 213-46301-431990 WSB & ASSOCIATES INC 2021 Economic Development Service: 12/14/2021 0 650.00 Vendor Subtotal for Dept:46301 650.00 213-46301-431993 WSB & ASSOCIATES INC 2021 Economic Development Service; 12/14/2021 0 850.00 213-46301-431993 WSB & ASSOCIATES INC Downtown Redevelopment Project - C 12/14/2021 0 1,060.00 Vendor Subtotal for Dept:46301 1,910.00 213-46301-443990 DEMVI LLC Parking Lot Maintenance - Dec 2021 12/14/2021 124872 198.02 Vendor Subtotal for Dept:46301 198.02 213-46540-465110 GRANITE CITY REAL ESTATE Pay As You Go - 2nd Pmt 2021 IntereE 12/14/2021 124880 5,863.37 Vendor Subtotal for Dept:46540 5,863.37 213-46585-465110 LAXMI HOTEL INC Pay As You Go - 2nd Pmt 2021 - Inter, 12/14/2021 124894 5,993.34 Vendor Subtotal for Dept:46585 5,993.34 Subtotal for Fund: 213 544,623.83 Report Total: 544,623.83 AP -Transactions by Account (12/10/2021 - 12:23 PM) Page 2 THE LEADERSHIP GROWTH GROUP Leaders Helping Leaders INVOICE Date: December 1, 2021 For: 2022 Leadership Growth Group Series Invoice No.: 22509 Jim Thares Economic Development Manager City of Monticello 505 Walnut Street, Suite 1 Monticello, MN 55362 DESCRIPTION AMOUNT 2022 Leadership Growth Group Series Make all checks payable to: The Leadership Growth Group 71 West Golden Lake Road Circle Pines, MN 55014 $600.00 TOTAL E $600.00 10(. Olt" . P5SOcd If you have any questions concerning this invoice, contact Dave Bartholomay at 612.868.7203 or TheLeadershi GrowthGrou mail.com THANK YOU FOR YOUR BUSINESS! Leadership Growth Group 71 West Golden Lake Road Circle Pines, MN 55014 612.868.7203 The Leadershi GrowthG roup 2grnail.com From: Jim Thares To: Julie Chenev Subject: Leadership Growth Group - 2022 Membership Date: Monday, December 6, 2021 5:40:03 PM Attachments: Thares Invoice.odf Hi Julie, this an invoice for membership in the LGG for me in 2022. Please code to: 213-46301- 443300 (Should be allocated to the 2022 Budget if possible; not sure if you can do that). Can't hold the invoice for more than 30 days. Thank you. MEMORANDUM DATE: December 07, 2021 TO: uli heney inac Assistant FRO : Jim Thares, Economic Development Manager SUBJE : EDA expenditure for Purchase of Real Estate KC & the Boys, LLC along with Closing Costs as per the attached Settlement Statement (provided by Old Republic Title, Minneapolis, MN) The EDA approved the purchase agreement for the acquisition of a real property (land and building) located at 113 West Broadway at its regular meeting on 11-10-21. The $527,313.90 payment should be made out to "Old Republic Title Insurance Company". The fully signed EDA Resolution and the fully executed Purchase Agreement are attached as back up documentation. Address: Old Republic Title 400 2"d Avenue South Minneapolis, MN 55401 The Coding for the entire amount is to be determined by Sarah. If you have any questions, let me know. Thank you. c913• C)(—Y)Db• IS7010 OLD REPUBLIC TITLE Commercial Department 400 2nd Avenue South Minneapolis, MN 55401 Phone: 612-371-1111 Fax: 866-889-1479 ESTIMATED PURCHASER'S CLOSING STATEMENT DATE: December 07, 2021 2:09 pm File No.: CLOSING DATE: December 17, 2021 lender: Purchaser(s): Property Address: 113 West Broadway Seller(s): Monticello, MN 55362 ORTE748059 City of Monticello Economic Development Authority KC 8 The Boys_ LLC Credits Purchaser(s) Debits Sales Price $528,000.00 $528,000.00 Earnest Money Deposit $5,000.00 TITLE COMPANY FEES Closing Fee 1/2 Buyer 1/2 Seller $400.00 Commitment Service Fee (includes search/exam/assessment search/name search) $725.00 TITLE INSURANCE To Old Republic Minneapolis, Escrow Owner's Premium $1.36150 COUNTY TRANSFER TAX/RECORDING FEES/TITLE RECORDING SERVICE FEES Warranty Deets $85.00 State Deed Tax based on $528,000.00 $1.742.40 2021 takes paid in full by Seller. Tenant responsible for taxes - no proration at closing Transfer of Security Deposit - Elevated Wellness (Tenant) $1000.00 POC Prorated Rent - Elevated Wellness $1200.00 December /31 = $38.71 x 15 days (12/17 thru 12/31) Total POC $580.65 CSSPUTChaser PACE 1 Sub Totals: Order No. ORTE748059 Purchaser(s) Credits I Debits $5,000.001 5532,313.90 Funds Due From BuyerlBorrower $527,313.90 Tatats: $532,313.94 $532,313.90 CSS Purchaser PACE 2 Order No. ORTE748059 Purchaser(s) Credits I Debits The undersigned approve this statement and do hereby direct, authorize and instruct the Company to deposit the funds received, or to be received, from or on behalf of the undersigned. in an account for the benefit Of the undersigned in a depository insured by the FDIC. Cost. expense and any benefits derived from the funds deposited therein shall be paid by or utilized by, as the case tnay be. the Company, PURCHASERS: City of Monticello Economic Development Authority, a public body politic and corporation under the laws of the State of Minnesota By: Name: Title: ESCROW AGENT: By Robin Annstrong Escrow Officer CSS Purchaser PAGE * * * OLD REPUBLIC TITLE Commercial Department 400 2nd Avenue South Minneapolis, MN 55401 Phone: 612-371-1111 Fax: 866-889-1479 ESTIMATED SELLER CLOSING STATEMENT DATE: December 7, 2021 CLOSING DATE: December 17, 2021 Property 113 West Broadway Address: Monticello, MN 55362 File No.; ORTE748059 Purchaser(s) City of Monticello Economic Development Authority Seller(s): KC R The Boys, LLC Credits Seller(s) Debits Sales Price $328.000.00 TITLE COMPANY FEES To Old Republic Minneapolis, Escrow Closing Fee 1/2 Suyer 1/2 Seller $400.00 Escrow for Tenant per PA $5,000.00 Escrow Fee $200.00 COUNTY TRANSFER TAX/RECORDING FEES/TITLE RECORDING SERVICE FEES 2021 taxes paid in full by Seller. Tenant responsible for taxes - no proration at closing Transfer of Security Deposit - Elevated Wellness (Tenant) S1000.00 51,000.00 Prorated Rent - Elevated Wellness $1200.00 December /31 = $38.71 x 15 days (12/17 thru 12/31) $580.65 C5S Seller PAGE t File No. ORTE7.180i9 Sub Totals: $528,000.00 $7,180.65 Net Proceeds Due To Seller $520,819.35 Totals: $528,000.00 $528,000.00 CSS Seller PAGE 2 File No. ORTE748059 The undersigned approve this statement and do hereby direct, authorize and instruct the Company to deposit the funds received. or to be received, from or on behalf of the undersigned, in an account for the benefit of the undersigned in a depositor? insured by the FDIC. Cost, expense and any benefits derived from the funds deposited therein shall be paid by or utilized by, as the case may be, the Company. M �LL1 IL31:iI KC & The Boys. LLC, a Minnesota limited liability company BY: — Name: Title: To the best of my knowledge, the foregoing statement is a true and accurate account of the fiends which were received and will be disbursed as part of the settlement of this u'ansaction, Old Republic National Title Insurance Company By: Robin Armstrong Escrow Officer CSS seller PAGE 3 EDA RESOLUTION NO. 2021-13 RESOLUTION APPROVING PURCHASE AGREEMENT FOR THE ACQUISITION OF 113 WEST BROADWAY STREET BY THE CITY OF MONTICELLO ECONOMIC DEVELOPMENT AUTHORITY BE IT RESOLVED BY the Board of Commissioners of the City of Monticello Economic Development Authority (the "Authority") as follows: Section 1. Recitals. 1.01. The Authority and KC & the Boys, LLC (the "Seller"), desire to enter into a purchase agreement (the "Purchase Agreement") pursuant to which the Authority will acquire certain property located at H 3 West Broadway Street (the "Property") in the City of Monticello (the "City") from the Seller for economic development purposes related to the revitalization of the downtown area. The Property is described in Exhibit A attached hereto. 1,02. Pursuant to the Purchase Agreement, the Authority will purchase the Property from the Seller for a total purchase price of $528,000 plus related closing costs. 1.03. Pursuant to Minnesota Statutes, Section 462.356, subd. 2, the Planning Commission of the City will meet on December 7, 2021, to review the proposed acquisition and its conformity to the City's Comprehensive Plan (the "Comprehensive Plan"). 1.04. Subject to the Planning Commission's formal finding, the Authority finds that acquisition of the Property conforms to the Comprehensive Plan and further finds that such acquisition conforms to the City's downtown small area plan, as approved by the City and Authority, and will facilitate the economic development and revitalization of this portion of the downtown area of the City by allowing the Authority to convey the Property to a private developer for the construction of a mixed -use rental housing and retail facility. Section 2. Purchase Agreement Approved. 2.01. The Authority hereby approves the Purchase Agreement in substantially the form presented to the Authority, subject to the required finding by the Planning Commission that the acquisition conforms to the Comprehensive Plan, and further 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 Purchase Agreement by those officials shall be conclusive evidence of their approval. 2.02. Authority staff and officials are authorized to take all actions necessary to perform the Authority's obligations under the Purchase Agreement as a whole, including without limitation execution of any documents to which the Authority is a party referenced in or attached MN325AS\756523_0 to the Purchase Agreement, and any other documents necessary to acquire the Property from the Seller, all as described in the Purchase Agreement. Approved this 10`h day of November, 2021 by the Board of Commissioners of the City of Monticello Economic Development Authority. 1 V President ATTEST: NIN3251450756523.0 EXHIBIT A Legal Description of Property Lot 6 and the East 18 feet and 10 inches of Lot 5 in Block 52 in the Town or Townsite of Monticello, according to the plat by John 0. Haven of record. (That part of Lot 5 being more particularly described as follows: Begin at the Southerly point of said Lot S; thence Northwesterly along the Southwesterly side of said Lot 5, 18 feet, 10 inches; thence Northeasterly and parallel to the Southeasterly side of said Lot 5 to the Northeasterly line of said Lot 5; thence Southeasterly 18 feet, 10 inches to the most Easterly point of said Lot 5; thence Southwesterly to the point of beginning. Excepting therefrom: Those parts of Lots 5 and 6, Block 52, Monticello, according to the recorded plat thereof, Wright County, Minnesota described as follows: Commencing at the most easterly corner of said Lot 6; thence on an assumed bearing of North 64 degrees 58 minutes 26 seconds West along the northeasterly line of said Lot 6 a distance of 3.06 feet to an outside building line being the point of beginning of the land to be described; thence South 24 degrees 18 minutes 51 seconds West along said outside building line. a distance of 0.27 feet to a building corner; thence North 65 degrees 40 minutes 10 seconds West along said outside building line, a distance of 44.00 feet to a building corner; thence North 24 degrees 18 minutes 51 seconds East along said outside building line, a distance of 0.81 feet to the northeasterly line of said Lot 5; thence South 64 degrees 58 minutes 26 seconds East along said northeasterly line of said Lots 5 and 6, a distance of 44.00 feet to the point of beginning. H 3 West Broadway, Monticello, MN 55362 1 MN3251451756523 A PURCHASE AGREEMENT 113 West Broadway, Monticello, Minnesota This Purchase Agreement ("Agreement") is made as of this 1 Oth day of November, 2021, by and between KC & the Boys, LLC, a Minnesota limited liability company ("Seller") and the City of Monticello Economic Development Authority, a public body politic and corporate under the laws of the State of Minnesota ("Buyer"). 1. PROPERTY. Seller is the owner of property located at 113 West Broadway Street in the City of Monticello, Minnesota, which is legally described on the attached Exhibit A ("Property"). 2. OFFERIACCEPTANCE. In consideration of and subject to the terms and provisions of this Agreement, Buyer offers and agrees to purchase, and Seller agrees to sell and hereby grants to Buyer the exclusive right to purchase the Property and all improvements thereon, together with all appurtenances. All fixtures located on the Property on the date of this Agreement are included in the purchase of the Property. Personal property is not included in the sale of the Property. 3. PURCHASE PRICE FOR PROPERTY AND TERMS. a. PURCHASE PRICE: The total purchase price for the Property, representing the lair market value of the Property plus any compensation attributable to Seller's relocation benefits pursuant to paragraph 18 hereof, is: Five Hundred Twenty - Eight Thousand and 00/100ths Dollars ($528,000.00) ("Purchase Price"). b. TERMS: EARNEST MONEY: Earnest money in the amount of Five Thousand and no/100 Dollars ($5,000) (the "Earnest Money") shall be deposited by Buyer into escrow with Old Republic Title Insurance Company ("Title") within five business days after this Agreement has been executed by both parties. The Earnest Money is refundable to the extent provided herein. 2. BALANCE DUE SELLER: Buyer agrees to pay the Purchase Price to the Seller by check or wire transfer on the Closing Date (defined hereafter) according to the terms of this Agreement, 3, DEED/MARKETABLE TITLE: Subject to performance by Buyer, Seller agrees to execute and deliver to Buyer a Warranty Deed conveying marketable fee simple title to the Property, free and clear of any mortgages; liens or encumbrances other than matters created by or acceptable to Buyer, subject only to the following exceptions: i. Building and zoning laws, ordinances, state and federal regulations; MN3251451704028A ii. Reservation of minerals or mineral rights to the State of Minnesota, if any; and iii. Public utility and drainage easements of record which will not interfere with Buyer's intended use of the Property. 4. DOCUMENTS TO BE DELIVERED AT CLOSING BY SELLER. In addition to the Warranty Deed required at paragraph 3.b.3. above, Seller shall deliver to Buyer at closing: a. An affidavit from Seller sufficient to remove any exception in Buyer's policy of title insurance for mechanics' and materialmens' liens and rights of parties in possession; b. A "bring -down" certificate, certifying that all of the warranties made by Seller in this Agreement remain true as of the Closing Date; c. Affidavit of Seller confirming that Seller is not a foreign person within the meaning of Section 1445 of the Internal Revenue Code; d. Well disclosure certification, if required, or, if there is no well on the Property, the Warranty Deed given pursuant to paragraph 3.b.3. above must include the following statement: "The Seller certifies that the Seller does not know of any wells on the described real property;" e. Any notices, certificates, and affidavits regarding any private sewage systems, underground storage tanks, and environmental conditions as may be required by state or federal statutes, rules or regulations; and f. Any other documents reasonably required by Title (as defined in paragraph 6) or attorney to evidence that title to the Property is marketable and that Seller has complied with the terms of this Purchase Agreement. 5. CONTINGENCIES, Buyer's obligation to purchase the Property is contingent upon the following: a. Approval of this Purchase Agreement by Buyer's governing body; b. Written findings by the Planning Commission of the City of Monticello that the acquisition of the Property conforms to the City Comprehensive Plan; C. Buyer conducting environmental investigations on the Property and receiving reports that are satisfactory to Buyer; and d. Buyer's determination of marketable title pursuant to paragraph 6 of this Agreement. 2 MN325145M4028A Buyer shall have thirty (30) days from the date of approval of this Agreement by the Buyer to remove or waive the foregoing contingencies (the "Due Diligence Period"). These contingencies are solely for the benefit of Buyer and may be waived by Buyer, If Buyer or its attorney gives written notice to Seller that all contingencies are duly satisfied or waived, Buyer and Seller shall proceed to close the transaction as contemplated herein. If one or more of the contingencies is not satisfied, or is not satisfied within the Due Diligence Period, and is not waived by Buyer, this Agreement shall thereupon be void at the written option of Buyer, Buyer and Seller shall execute and deliver to each other documentation effecting the termination of this Agreement, and the Earnest Money shall be refunded to Buyer in full. Buyer shall also deliver to Seller copies of all documentation gathered during the Due Diligence Period, including without limitation all survey, environmental or soil tests. b. TITLE EXAMINATION/CURING TITLE DEFECTS. Buyer will, at its expense, obtain a commitment for title insurance ("Commitment") for the Property from Title. Buyer shall have ten business days after the later of execution in full of this Purchase Agreement or receipt of the Commitment to examine the Commitment and to deliver written objections to title, if any, to Seller, or Buyer's right to do so shall be deemed waived. Seller shall have until the end of the Due Diligence Period (or such later date as the parties may agree upon) to make title marketable, at Seller's cost. In the event that title to the Property cannot be made marketable or is not made marketable by Seller within the Due Diligence Period, then this Agreement may be terminated at the option of Buyer, 7. ENVIRONMENTAL INVESTIGATIONS. Buyer acknowledges that it has been authorized by Seller to enter the Property and conduct environmental investigations of the Property. Seller shall provide to Buyer any environmental reports or information concerning the Property in Seller's possession at the time of execution of this Agreement. Buyer hereby agrees to indemnify and bold Seller harmless from and against any and all losses, claims, causes of action, liabilities and costs of defense incurred by Seller arising out of the actions of Buyer, its agents, employees, contractors or invitees in carrying out Buyer's environmental investigations, unless due to the negligence or willful misconduct of Seller or its agents, employees or contractors. S. CLOSING DATE. The date of closing shall be December 31, 2021, or such earlier date as is mutually agreed by the parties ("Closing Date"). Delivery of all papers and the closing shall be made through escrow with Title, or at such other location as is mutually agreed upon by the parties. All deliveries and notices to Buyer shall be made as provided in Section 16 of this Agreement. 9. POSSESSIONMOLDOVER TENANCY/HOLDOVER TENANCY OF TENANT, a. Possession. Seller agrees to deliver possession of the Property to Buyer on the Closing Date, provided that (i) a portion of the Property (the "Title Property") is currently occupied by Preferred Title, which shall be permitted to occupy the Title Property until May 15, 2022 (the "Vacation Date"), pursuant to a lease and property management agreement between Buyer and Preferred Title (the "Office 3 MN325w5\704028A Lease"); and (ii) a portion of the Property (the "Tenant Property") is currently subject to a month -to -month lease (the "Tenant Lease") between the Seller and Elevated Wellness (the "Tenant"), which lease is terminable upon thirty (30) days' notice by either party. The terms and conditions of any holdover tenancy by either Preferred Title or the Tenant are as described in Section 9b. hereof. b. Holdover Tenancy. The lease rate for the Office Lease shall be $0.00 per month, provided that (i) Preferred Title shall pay all costs of natural gas, electricity, garbage collection, sewer and water, and property taxes attributable to the Title Property; and (ii) Preferred Title shall undertake property management and routine maintenance obligations as set forth in the Office Lease, Preferred Title shall be authorized to occupy the Title Property and to conduct Preferred Title's regular business activities within the Title Property until the Vacation Date. The Vacation Date may be extended by written agreement of the Buyer and Preferred Title. Buyer shall take possession of the Title Property on the Vacation Date. 2. The Seller shall assign the Tenant Lease to the Buyer on the Date of Closing, and all amounts payable under the Tenant Lease on or after the Date of Closing shall be payable to Buyer, including without limitation all costs of natural gas, electricity, garbage collection, sewer and water, and property taxes attributable to the Tenant Property. Any security deposit described within the Tenant Lease (and interest thereon if required by law) and not previously applied to Tenant obligations under the Tenant Lease shall be transferred or credited to Buyer on the Date of Closing. The Tenant shall be authorized to occupy the Tenant Property and to conduct Tenant's regular business activities within the Tenant Property until the Vacation Date. The Vacation Date may be extended by written agreement of the Buyer and Tenant. Buyer shall take possession of the Tenant Property on the Vacation Date. The parties expressly agree and understand that the Seller shall not enter into any third -party leases for any portion of the Property on or after the date of this Agreement. The parties agree that any personal property of the Seller, Preferred Title, or Tenant remaining on the Property after the Vacation Date shall become property of the Buyer. 4. Buyer at its sole discretion, upon reasonable notice to Preferred Title and Tenant, may choose to terminate the Office Lease and/or the Tenant Lease if it is determined that the Property requires structural or equipment repairs or upgrades necessary for the safe occupancy and operation of the Property. 5. On the Date of Closing, Seller shall deposit $5,000 into an escrow account 4 MN3251451704028.0 with Title for the benefit of Buyer (the "Escrow Deposit") and shall enter into an escrow agreement with Buyer providing that the Escrow Deposit shall be held by Title and disbursed to Buyer in the event that Preferred Title fails to make any required payment of property taxes due and payable during the period between the Date of Closing and the Vacation Date. If Preferred Title timely pays all such property taxes, the Escrow Deposit shall be released to Seller within ten business days after the Vacation Date. 10. SELLER'S WARRANTIES AND REPRESENTATIONS. Seiler hereby represents and warrants to Buyer and Seller will represent and warrant to Buyer as of the Closing Date that: Sewer and water. Seller represents that to the best of Seller's knowledge, the Property is connected to City sewer and water. b. Mechanics' Liens. Seller warrants that, prior to the closing, Seller shall pay in full all amounts due for labor, materials, machinery, fixtures or tools fumished within the 120 days immediately preceding the closing in connection with construction, alteration or repair of any structure upon or improvement to the Property caused by or resulting from any action of Seller. C. Notices. Seller represents that Seller has not received any notice from any governmental authority as to violation of any law, ordinance or regulation in connection with the Property. d. Tenants. Seller warrants that, other than the tenants described in Section 9 of this Agreement, there are no tenants on the Property. e. Broker Commission. Seller warrants that as of the date of this Agreement, there is no agreement in effect with any broker, agent, or representative who shall be entitled to any commission in connection with this transaction. Seller agrees to indemnify, defend and hold Buyer harmless from the claims of any broker, real estate agent or similar party claiming through Seller. Seller further agrees to indemnify, defend and hold Buyer harmless for any costs incurred by Buyer as a result of any legal process to adjudicate any fees claimed by any broker, agent, or representative in connection with this transaction. f. Condemnation. Seller has received no notice that there is any pending or, to the actual knowledge of Seller, threatened condemnation or similar proceeding affecting the Property or any portion thereof, and Seller has no actual knowledge that any such action is contemplated. g. Legal Proceedings. There are no legal actions, suits or other legal or administrative proceedings, pending or threatened, that affect the Property or any portion thereof, and Seller has no knowledge that any such action is presently contemplated. MN325145004028.v5 h. Legal Capacity. Seller has the legal capacity to enter into this Agreement. Seller has not filed, voluntarily or involuntarily, for bankruptcy relief within the last year under the United States Bankruptcy Code, nor has any petition for bankruptcy or receivership been filed against Seller within the last year. i. Methamphetamine Production. To the best of Seller's knowledge, methamphetamine production has not occurred on the Property. Underground Tanks. To the best of Seller's knowledge, the Property does not contain any underground storage tanks of any size or description. k. Wells. The Seller certifies that the Seller does not know of any wells on the Property. 1. Sewage Systems. Seller does not know of any individual sewage treatment systems on or serving the Property, or if any individual sewage treatment systems exist, Seller shall comply with all applicable statutory disclosure requirements regarding such individual sewage treatment systems. Seller's representations and warranties set forth in this paragraph shall he continuing and are deemed to be material to Buyer's execution of this Agreement and Buyer's performance of its obligations hereunder, All such representations and warranties shall be true and correct on or as of the Closing Date with the same force and effect as if made at that time; and all of such representations and warranties shall survive closing and any cancellation or termination of this Agreement, and shall not be affected by any investigation, verification or approval by any part hereto or by anyone on behalf of any party hereto. Seller agrees to defend, indemnify, and hold Buyer harmless for, from and against any loss, costs, damages, expenses, obligations and attorneys' fees incurred should an assertion, claim, demand or cause of action be instituted, made or taken, which is contrary to or inconsistent with the representations or warranties contained herein. 11. BUYER's ACKNOWLEGEMENT. Buyer acknowledges and agrees that, except as otherwise provided herein. having been given the opportunity to inspect the property and review available information and documentation affecting the property, Buyer is relying solely on its own investigation of the property and review of such information and documentation. Buyer acknowledges and agrees that no representations or statements have been made by Seller in order to induce Buyer to enter into this transaction other than as expressly stated herein, and that Buyer has not relied upon any representations or statements other than as expressly stated herein. Buyer further acknowledges and agrees that, except as expressly provided herein, the sale of the property as provided for herein is made on an "as -is, where is" condition and basis with all faults and conditions (environmental and all other), and that Seller has no obligation to make any remediation, repairs, replacements or improvements whatsoever. 12. CLOSING COSTS/RECORDING FEESMEED TAX, At Closing, Seller shall pay: (a) prorated property taxes due and payable in the year of Closing through the Closing Date; (b) any special assessments levied against the Property and due and payable in the year of Closing; 6 MN3251451704028A (c) the cost of any documents required to clear title or to evidence marketable title, including fees and charges to record such documents; (d) any operating costs of the Property up to the Closing Date; (e) one-half of all closing fees customarily charged by Title; (f) the Escrow Deposit as provided in paragraph 9.b.5. hereof, and (g) Seller's legal fees. Buyer shall pay: (a) the costs of any environmental investigation and/or survey costs ordered by Buyer; (b) costs of an initial title commitment, title insurance and endorsements; (c) recording fees and charges related to the filing of the Warranty Deed from the Seller; (d) any transfer or deed taxes due as a result of this transaction; (e) prorated property taxes due and payable in the year of Closing on and after the Closing Date; (f) one-half of all closing fees customarily charged by Title; and (g) Buyer's legal and accounting fees. 13. INSPECTIONS. From the date of this Agreement to the Closing Date, Buyer, its employees and agents, shall be entitled to enter upon the Property to conduct such surveying, inspections, investigations, soil borings and testing, and drilling, monitoring, sampling and testing of groundwater monitoring wells, as Buyer shall elect. Buyer shall also be entitled to a general walkthrough inspection within five days of the Closing Date. Buyer shall immediately repair any damage caused by its inspection activities. 14. INSURANCE; RISK OF LOSS. a. If there is any loss or damage to the Property between the date hereof and the Closing Date, for any reason including fire, vandalism, flood, earthquake or act of God, the risk of loss shall be on Seller. If the Property is destroyed or substantially damaged before the Closing Date, this Agreement shall become null and void, at Buyer's option. At the request of Buyer, Seller agrees to sign a cancellation of Purchase Agreement. b. FolIowing the Closing Date, the Buyer shall procure and maintain property insurance, with a minimum coverage of $500,000, against the Property, Buyer shall assume all risk of damage or destruction to the Property following the Closing Date. Seller shall maintain commercial general liability insurance and renter's insurance in an amount adequate to protect Seller's interest in the Property until the Vacation Date. I5. DEFAULT/REMEDIES. If Buyer defaults under this Agreement, Seller has the right to terminate this Agreement by giving written notice of such election to Buyer, pursuant to Minnesota Statutes, Section 559.21. Time is of the essence of this Agreement. The termination of this Agreement and retention by Seller of the Earnest Money will be the sole remedy available to Seller for such default by Buyer, and Buyer will not be further liable for damages. If Seller defaults under this Agreement, Buyer shall have the right (i) to terminate this Agreement and receive reimbursement of the Earnest Money, or (ii) to enforce and recover from Seller specific performance of this Agreement. The termination of this Agreement and reimbursement of the Earnest Money or the enforcement and recovery from Seller of specific performance of this Agreement shall be the sole remedies available to Buyer for such default by Seller, and Seller shall not be further liable for damages. 7 MN325W51704028,v5 16. RELOCATION BENEFITS; INDEMNIFICATION. Seller acknowledges that in the event that Seller is eligible for relocation assistance and benefits, the Purchase Price includes compensation for any and all relocation assistance and benefits for which Seller may be eligible, including benefits for loss of going concern. Buyer acknowledges that both Preferred Title and the Tenant are eligible for relocation assistance and shall receive relocation assistance and benefits as determined by Buyer's relocation consultant. The provisions of this paragraph shall survive closing of the transaction contemplated by this Agreement, For purposes of this Agreement, "relocation assistance and benefits" shall have the meanings ascribed to them by the Uniform Relocation Assistance and Real Property Acquisition Policies Act, 42 U.S.C. Sections 4601-4655 (the federal URA) and the regulations implementing the federal URA, 49 C.F.R. Sections 24.1-24.603. 17. NOTICE. Any notice, demand, request or other communication which may or shall be given or served by the parties, shall be deemed to have been given or served on the date the same is personally served upon one of the following indicated recipients for notices or is deposited in the United States Mail, registered or certified, return receipt requested, postage prepaid and addressed as follows: SELLER: KC & the Boys, LLC 21082 Franklin Road Clearwater, MN 55320 Attn: Cindy Keaton BUYER: City of Monticello Economic Development Authority 505 Walnut Street, Suite 1 Monticello, MN 55362 Attn; Executive Director 18. ENTIRE AGREEMENT. This Agreement, including exhibits attached hereto, and any amendments hereto signed by the parties, shall constitute the entire agreement between Seller and Buyer and supersedes any other written or oral agreements between the parties relating to the Property. This Agreement can be modified only in a writing properly signed on behalf of Seller and Buyer. 19. SURVIVAL. Notwithstanding any other provisions of law or court decision to the contrary, the provisions of this Agreement shall survive closing. 20. BINDING EFFECT. This Agreement binds and benefits the parties and their successors and assigns. 21. ELECTRONIC SIGNATURES; EXECUTION IN COUNTERPARTS. The electronic signature of the parties to this Agreement shall be as valid as an original signature of such party and shall be effective to bind the parties hereto. For purposes hereof, (i) "electronic signature" means a manually signed original signature that is then transmitted by electronic means; and (ii) "transmitted by electronic means" means sent in the form of a facsimile or sent 8 MN325ti45\704028.v5 via the internet as a portable document format ("pdf') or other replicating image attached to an electronic mail or internet message. This Agreement may be simultaneously executed in several counterparts, each of which shall be an original and all of which shall constitute but one and the same instrument. (The remainder of this page is intentionally left blank) 9 MN325AS\7M28,v5 IN WITNESS WHEREOF, the undersigned have executed this Agreement on the date and year above. Boyer: Seller: City of Monticello Economic Development KC & the Boys, LLC Authority n n BY' By: Its- Pre ent ; [Name] [Title] Its: xecutive Director 10 MN325145W04029.v5 IN WITNESS WHEREOF, the undersigned have executed this Agreement on the date and year above. Buyer: Seller: City of Monticello Economic Development KC & the Boys, LLC Authority By: By: _ !�-� %.tftc7 Its- Vice President [Name] [Title] By: 04 Its: Executive Director 14 MN325145%704928.0 EXHIBIT A Legal Description of Property Lot 6 and the East 18 feet and 10 inches of Lot 5 in Block 52 in the Town or Townsite of Monticello, according to the plat by John 0. Haven of record. (That part of Lot 5 being more particularly described as follows: Begin at the Southerly point of said Lot S; thence Northwesterly along the Southwesterly side of said Lot 5, 18 feet, 10 inches; thence Northeasterly and parallel to the Southeasterly side of said Lot 5 to the Northeasterly line of said Lot 5; thence Southeasterly 18 feet, 10 inches to the most Easterly point of said Lot 5; thence Southwesterly to the point of beginning. Excepting therefrom; Those parts of Lots 5 and 6, Block 52, Monticello, according to the recorded plat thereof, Wright County, Minnesota described as follows: Commencing at the most easterly corner of said Lot 6; thence on an assumed bearing of North 64 degrees 58 minutes 26 seconds West along the northeasterly line of said Lot 6 a distance of 3.06 feet to an outside building line being the point of beginning of the land to be described; thence South 24 degrees 18 minutes 51 seconds West along said outside building line, a distance of 0.27 feet to a building corner; thence North 65 degrees 40 minutes 10 seconds West along said outside building line, a distance of 44.00 feet to a building corner; thence North 24 degrees 18 minutes 51 seconds East along said outside building line, a distance of 0.81 feet to the northeasterly line of said Lot 5; thence South 64 degrees 58 minutes 26 seconds East along said northeasterly line of said Lots 5 and 6, a distance of 44.00 feet to the point of beginning. 1 13 West Broadway, Monticello, MN 55362 A-1 MN325145%704028A From: Sarah Rathlisberger To: Jim Thares; Julie Chenev Cc: Liz Lindrud Subject: RE: 113 West Broadway Funding Request - Voucher Documentation Packet Date: Wednesday, December 8, 2021 10:23:36 AM Attachments: Funding Request Packet - Amt per ORT Settlement Statement - Voucher Documentation - $527,313.90 - 12-07- 21TDdf Jim, I think the total you provided is incorrect. Page 2 of your pdf (page 1 of the closing statement) shows a $1,580.65 credit to the EDA for security deposit an 2 weeks rent from Elevated Wellness so the check should be for $525,733.25 per the following page. Do you agree? Julie, Please code $527,313.90 to 213-00000-157010, with a negative $1,000 to 213-00000-220110 for the security deposit we will owe Elevated Wellness, and a negative $580.65 to 213-00000-347110 for the prorated rent. Liz, Please add the security deposit to the escrow spreadsheet. While not technically an escrow, I'd rather not create a new account for that amount that is immaterial to the auditors anyway. Thank you all! Sarah Rathlisberger, CPFO Finance Director City of Monticello, MN Tel: 763-271-3201 Fax: 763-295-4404 NOTE: The contents of this E-mail may contain information that is legally privileged and/or confidential to the named recipient. This information is not to be used by any other person and/or organization. The views expressed in this document do not necessarily reflect those of the City of Monticello. Email correspondence to and from City of Monticello government offices is subject to the Minnesota Government Data Practices and may be disclosed to third parties. From: Jim Thares <Jim.Thares@ci.monticello.mn.us> Sent: Tuesday, December 7, 2021 4:18 PM To: Julie Cheney <Julie.Cheney@ci.monticello.mn.us>; Sarah Rathlisberger <Sarah.Rathlisberger@ci.monticello.mn.us> Subject: 113 West Broadway Funding Request - Voucher Documentation Packet Hi Julie. Attached is the funding request packet for the EDA acquisition of 113 West Broadway. The cover memo details the transaction payment request amount as per the ORT Settlement Statement. Let me know if you have any questions. From: Sarah Rathlisberoer To: Jim Thares; Julie Chenev; Liz Lindrud Subject: RE: File ORTE748059 113 West Broadway, Monticello, MN 55362 Date: Wednesday, December 8, 2021 10:57:06 AM Attachments: imaae001.onna Okay so we will cut the check for $527,313.90 to 213-00000-157010, and when we receive the check for the deposit and rent, we will apply to the accounts I noted in my original email. Thankyou! Sarah Rathlisberger, CPFO Finance Director City of Monticello, MN Tel: 763-271-3201 Fax: 763-295-4404 NOTE: The contents of this E-mail may contain information that is legally privileged and/or confidential to the named recipient. This information is not to be used by any other person and/or organization. The views expressed in this document do not necessarily reflect those of the City of Monticello. Email correspondence to and from City of Monticello government offices is subject to the Minnesota Government Data Practices and may be disclosed to third parties. From: Jim Thares <Jim.Thares@ci.monticello.mn.us> Sent: Wednesday, December 8, 2021 10:49 AM To: Sarah Rathlisberger <Sarah. Rath lisberger@ci.monticello.mn.us>; Julie Cheney <Julie.Cheney@ci.monticello.mn.us>; Liz Lindrud <Liz.Lindrud@ci.monticello.mn.us> Subject: FW: File ORTE748059 113 West Broadway, Monticello, MN 55362 This is the correct settlement statement. I think I provided you and a earlier version of it .... my mistake. See yellow highlight below. From: Armstrong, Robin<rarmstrong(@OldRepublicTitle.com> Sent: Tuesday, December 7, 2021 2:12 PM To: Jim Thares <Jim.Thares(@ci.monticello.mn.us>; Reichert, Teresa M <TReichert(@ Ken nedy- Graven.com> Subject: RE: File ORTE748059 113 West Broadway, Monticello, MN 55362 I've moved the Rent and Security Deposit amount to POC for the Buyer. Please review and let me know if you approve. Terri- please confirm no Endorsements are requested. Also, without a survey we cannot remove the standard exception for coverage. I've also included the Seller estimate for your review — I will collect these amount from Seller and cut a check to Buyer instead of listing as a credit on the statement. If you approve I will send the Seller side to Seller —Terri I will need a contact email to do so. Robin Armstrong Senior Commercial Closer T: 612.371.3820 1 C: 612.801.7962 rarmstrong(@OldRepublicTitle.com l JJ! public P1FP aj71ces die dosecl 'R{7 FiIday, € t?tLmb€-r 3V From: Jim Thares <Jim.Thares(@ci.monticello.mn.us> Sent: Tuesday, December 7, 2021 2:01 PM To: Armstrong, Robin <rarmstrong(@ Old RepublicTitle.com>; Reichert, Teresa M <TReichertPKen nedy-Graven. com> Subject: [EXTERNAL] RE: File ORTE748059 113 West Broadway, Monticello, MN 55362 Robin, see my comment. I agree with Terri that this is not an attorney involved. If you need the seller's contact info, Terri has it or I can send it to you. From: Armstrong, Robin <rarmstrong(@OldRepublicTitle.com> Sent: Tuesday, December 7, 2021 1:09 PM To: Jim Thares <Jim.Thares(@ci.monticello.mn.us>; Reichert, Teresa M <TReichert(@Kennedy- Graven.com> Subject: RE: File ORTE748059 113 West Broadway, Monticello, MN 55362 I've updated per Jim's comments. If you confirm I would like to send out a Seller side statement so that we confirm their approval as well. If they don't agree with some of the prorations, etc. you will have an issue with your check request amount. I wonder if we should put the security deposit and prorated rent as paid outside of closing — I would then collect from Seller and cut a check to the Buyer off the closing statement? That is a good idea in case this is disagreement by either party. Terri- is there an attorney on the Seller side? Or should I work directly with Cindy Heaton? Thank you! Robin Armstrong Senior Commercial Closer T: 612.371.3820 1 C: 612.801.7962 rarmstrongi@OldRepublicTitle.com Old Republic Title I Old Republic Insurance Group From: Jim Thares <Jim.Thares(@ci.monticello.mn.us> Sent: Tuesday, December 7, 2021 12:52 PM To: Armstrong, Robin <rarmstrong(@ Old RepublicTitle.com>; Reichert, Teresa M <TReichert(@ Ken nedy-Graven.com> Subject: [EXTERNAL] RE: File ORTE748059 113 West Broadway, Monticello, MN 55362 Robin, please see responses below in red font. From: Armstrong, Robin <rarmstrong(@Old RepublicTitle.com> Sent: Tuesday, December 7, 2021 12:44 PM To: Jim Thares <Jim.Thares(@ci.monticello.mn.us>; Reichert, Teresa M <TReichert(@Ken ned�4- Graven.com> Subject: RE: File ORTE748059 113 West Broadway, Monticello, MN 55362 Importance: High Jim and Terri, I've attached a DRAFT closing statement based on review of the purchase agreement and title commitment. Questions to finalize: See the placeholders with $1 in the attached draft. 1. Owner's policy endorsement, if any. Do you have any requirements for endorsements? Do you have a survey for the property? None and Not that I am aware of 2. legal fees to Kennedy & Graven — do you want this paid on the statement or outside of the closing? Pay out side of the closing. K&G will invoice the City-EDA 3. Transfer of Security deposits (see PA page 4, section 9, b, 2) See attached Lease Agreement between KC & the Boys, LLC and Elevated Wellness, LLC - I think it would be $1,000 4. Prorated Rent if any for the Elevated Wellness tenant? See attached Lease Agreement between KC & the Boys, LLC and Elevated Wellness, LLC —the monthly rent is stated as $1,200 so prorate that for the remaining days of December. 5. Tenant proration crediting back the prorated taxes? OR just remove all together from the statement? I'm not certain if they would be paying ALL the taxes or just a portion, let me know your thoughts. Remove is what I believe is correct. 6. 1 didn't add any operating expenses? I would imagine you will review and collect outside of closing based on the lease? Please advise if you want anything added. Yes, correct. I'm standing by to update once you have a chance to review. Robin Armstrong Senior Commercial Closer T: 612.371.3820 1 C: 612.801.7962 rarmstrong(@OldRepublicTitle.com Old Republic Title I Old Republic Insurance Group From: Jim Thares<Jim.Thares(@ci.monticello.mn.us> Sent: Monday, December 6, 2021 3:49 PM To: Reichert, Teresa M <TReichert(@ Ken nedy-Graven.com> Cc: Armstrong, Robin <rarmstrongPOld RepublicTitle.com>; Whitcomb, Karen <KWhitcomb(@OldRepublicTitle.com> Subject: [EXTERNAL] RE: File ORTE748059 113 West Broadway, Monticello, MN 55362 Hi Terri, I will need a settlement statement for the 113 West Broadway property acquisition closing on 12-17-21 to process a check in the correct amount. Is it possible to get this by the 1:00 p.m. on Tuesday (12-07-21)? Let me know. Best to you. From: Reichert, Teresa M <TReichertC@Ken nedy-Graven.com> Sent: Thursday, December 2, 2021 12:08 PM To: Jim Thares <Jim.Thares(@ci.monticello.mn.us> Subject: RE: File ORTE748059 113 West Broadway, Monticello, MN 55362 Hi Jim, Sorry for the delay in getting back to. I have sent the commitment over to Martha for review. It looks like there may be an access issue. Once I hear back from Martha, I will let you know the plan going forward. I think Martha would want us to hang tight before sending the commitment over to Cindy. After Martha's review, we will send Cindy the commitment, most likely accompanied by an Objection Letter. Martha and I will get back to you to let you know how we should proceed. I'll let you if she has any questions or concerns. Thank you. Terri 651-428-7352 From: Jim Thares <Jim.Thares(@ci.monticello.mn.us> Sent: Wednesday, December 1, 2021 3:55 PM To: Reichert, Teresa M <TReichert(@Ken nedy-Grave n.com> Subject: RE: File ORTE748059 113 West Broadway, Monticello, MN 55362 Hi Terri, will you be reviewing this as to what may or may not need to be done by Cindy? Will you forward to Cindy if required or useful? Let me know. Thank you! From: Keysser, Lauren<Ikeysser(@OldRepublicTitle.com> Sent: Wednesday, December 1, 2021 3:03 PM To: Jim Thares <Jim.Thares(@ci.monticello.mn.us>; treichert(@kennedy_graven.com Cc: Chirinos, Barbara<BChirinos(@OldRepublicTitle.com>; Armstrong, Robin <rarmstrong(@ Old RepublicTitle.com>; Whitcomb, Karen<KWhitcomb(@Old RepublicTitle.com> Subject: File ORTE748059 113 West Broadway, Monticello, MN 55362 Good afternoon, Please find the attached commitment for the property referenced above. Documents referenced in the commitment can be accessed via the blue hyperlinks for your convenience Your closing team is as follows: • Robin Armstrong, Senior Commercial Closer I rarmstrong[cDoldrepublictitle.com 612.371.3820 • Karen Whitcomb, Commercial Closing Assistant I kwhitcomb@oldrepublictitle.com 612.336.7141 Thank you for choosing Old Republic Title. We appreciate your business! Lauren Keysser (formerly Schaefer) Underwriting Counsel I Minneapolis Commercial Division T: 612.336.7239 1 C: 651.235.1185 I Mitel: 17239 Ikeysser(@oldrepublictitle.com Old Republic National Title Insurance Company I Old Republic Insurance Group 400 Second Avenue South I Minneapolis, MN SS401 oldrepublictitle.com Important Notice: The information contained in this email is private and confidential. It is intended only for the recipient(s) named above. If you are not named above or are not an agency of the recipient(s), then you have received this email in error, and to review, distribute or copy this transmission or its attachment(s) is strictly prohibited by federal law. If you have received this email in error, please notify the sender by email immediately. If you are the proper recipient and this email contains "protected health information," you must abide by the rules of the HIPAA and other privacy laws that apply. Thank you for your attention to this notice. 2021 Budget Adopted - EXPENDITURES Workers Compensation Distribution ACCOUNT NUMBER COUNCIL- Payable__ 101-41110-415100 Workers Compensation Insurance 85.00 101-41310-415100 Workers Compensation Insurance 21.00 101-41410-415100 Workers Compensation Insurance 7.00 101-41520-415100 Workers Compensation Insurance 23,00 10141800-415100 Workers Compensation Insurance 7.00 101-41910-415100 Workers Compensation Insurance 10.00 101-41920-415100 Workers Compensation Insurance - 101-41940-415100 Workers Compensation Insurance - 101-42200-415100 Workers Compensation Insurance 624.00 101-42400-415100 Workers Compensation Insurance 688.00 101-43110-415100 Workers Compensation Insurance 361.00 101-43111-415100 Workers Compensation Insurance - 101-43115-415100 Workers Compensation Insurance 235.00 101-43120-415100 Workers Compensation Insurance 1,374.00 101-43125-415100 Workers Compensation Insurance 619.00 101-43127-415100 Workers Compensation Insurance 321.0q 101-43130-415100 Workers Compensation Insurance - 101-43140-415100 Workers Compensation Insurance - 101-45201-415100 _Workers Compensation Insurance 1,110.00 101-45501-415100 Workers Compensation Insurance - 101-46102-415100 Workers Compensation Insurance 136.00 101-46500-415100 Workers Compensation Insurance - 101-49240-415100 Workers Compensation Insurance - Fund 101 Total 5,619.00 213-46301-415100 Workers Compensation Insurance 185.00 21741990415100 Workers Compensation Insurance 29.00 226-45122-415100 Workers Compensation Insurance 297.00 226-45124-415100 Workers Compensation Insurance 195.00 226-45126-415100 Workers Compensation Insurance 382.00 Fund 226 Total 874.00 601-49440-415100 Workers Compensation Insurance 531.00 601-49441-415100 Workers Compensation Insurance 4.00 Fund 601 Total 535.00 602-49490-415100 Compensation Insurance 552.00 602-49491-415100 _Workers Workers Compensation Insurance 4.00 Fund 602 Total 556.00 609-49754-415100 Workers Compensation Insurance 568.00 652-49880-415100 Workers Compensation Insurance 40,00 652-49881415100 Workers Compensation Insurance 93.00 652-49883-415100 Workers Compensation Insurance 156.00 Fund 652 Total _ 289,00 8,655.00 NORTH RISK PARTNERS November 5, 2021 City of Monticello 505 Walnut St, Suite 1 Monticello, MN 55362 RE: Final Audit Workers Compensation #UB4J499168 10/10/2020 to 10/10/2021 Dear Tracy: Enclosed is your audit for the period shown above. Due to payroll and receipts being higher than originally estimated, this audit has developed an additional premium of $8,655. This premium change will be reflected on your next billing statement. Please review the audit and contact me immediately if you find any discrepancies so that I may work with your carrier to resolve any disputes within their specific time frame. Sincerely, C:)Wj �)) Joann L Therrien Account Manager North Risk Partners (888)331-8684 Joann.therrien@nor-thriskpartners.com JT/j u Enclosure north riskpartners-co m A4ft TRAVELERSJ NORTH RISK PARTNERS LLC 622 ROOSEVELT RD STE 240 ST CLOUD MN 56301-6363 02328 -L2 CITY OF MONTICELLO 505 WALNUT STREET, SUITE 1 MONTICELLO MN 55362 Page 01 of 03 Account Bill Account No. 4481E1159 Date of This Bill 11/22/21 L - -E TOTAL BALANCE: $160,961.00 I �� ^• .! '' I MINIMUM DUE $160,961.00 PAYMENT MUST BE RECEIVED BY- DECEMBER 10. 2021 ACCOUNT BILLING SUMMARY POLICY TYPE POLICY PERIOD MIN. DUE BALANCE CO 4J499168 UB Workers Comp 4J499168 UB Workers Comp TOTAL BALANCE 10/10/21-10/10/22 $152,306.00 $152,306.00 04 10/10/20-10110/21 $8,655.00 _ 58,655.00 04 $160,961.00 $160,961.00 TRANSACTIONS SINCE LAST STATEMENT Previous Account Balance ;${-- Total Transactions (See Transaction Detail Section) +8,655.00 TOTAL BALANCE CONTINUED ON NEXT PAGE Please detach the payment coupon and mail with your payment in the enclosed envelope to. - TRAVELERS CL REMITTANCE CENTER, PO BOX 660317, DALLAS, TX 75266-0317. ............................................................................................................................... 648842H 2O21326 0129 06R UGF549 Payment Coupon Make checks payable to: TRAVELERS NORTH RISK PARTNERS LLC CITY OF MONTICELLO 4481E1159 ❑ Include Account Number on the check. Change of Address? Place an "X" here. Print changes on reverse side. PAYMENT MUST BE RECEIVED BY TRAVELERS CL REMITTANCE CENTER DECEMBER 10, 2021 PO BOX 669317 DALLAS, TX 75266-0317 'I1II.IIL„II..IIIIIIIIIL11,.11..1,1"11'III.111'IIIIIIF 9934343831053131353940393939399401609610001609610097 TOTAL BALANCE $160,961.00 MINIMUM DUE $160,961.00 AMOUNT ENCLOSED 55L.: sS co PL-9837 Page 02 of 03 Customer Service Contacts Billing Questions MONDAY to FRIDAY 8:00 AM EST - 8: 00 PM EST Your Account Number: 448IE1159 Automated Inquiry:• 24 brs a day, Mays a week Policy Questions NORTH RISK PARTNERS LLC Claim Ouestions BUSINESS INSURANCE CONSTRUCTION NATIONAL ACCOUNTS BOND 8 FINANCIAL PRODUCTS Code Insuring Company 04 FARMINGTON CASUALTY COMPANY 800-252-2268 800-252-2268 320-253-1122 800-238-6225 800-828-4132 800-832-7839 800-842-8496 CLDBBIL1 Policyholder CITY OF MONTICELLO Account No. 4481E1159 Page 03 of 03 Date of This Sill: 11/22/21 TRANSACTION DETAIL POLICY NUMBER 4J499168 UB Workers Camp 10/10/20 Final Audit 10/10/20 MN Comp Fund TOTAL TRANSACTIONS 8,347.00 308.00 $8,655.00 SPECIAL MESSAGES Hassle Free Payments - Call 877-307-4202 to make a quick and simple payment. For all other customer service inquiries (other than making a payment) please call 800-252-2268. This bill includes new additional premium/charge that is due as a result of recent AUDIT ACTIVITY that was processed on your account. Attached is an explanation of the audit process for your review. Contact your agent immediately if you have any questions. Make payments on-line! With our on-line payment options you can make single payments or you can schedule Automatic Recurring Payments. It's fast and easy, enroll today! To learn more visit our website - https://selfservice.travelers.com/business/registration. If you are paying with a check from a Personal Checking Account, you authorize us to either use information from your check to make a one-time electronic funds transfer from your account or to process the payment as a check. If you are paying with a check from Business Checking account, we will process the payment as a check. 648842H 2O21326 0129 06R OGF549 CLDBILL2 AW TRAVELEM PREMIUM ADJUSTMENT NOTICE PREMIUM AUDIT P.O. BOX 2927 HARTFORD CT 06104-2927 CITY OF MONTICELLO 505 WALNUT ST STE 1 MONTICELLO, MN 55362 GF549 NORTH RISK PARTNERS LLC 622 ROOSEVELT RD STE 240 SAINT CLOUD, MN 56301 Customer Service: POLICY NO: UB-4J499168-20-PB-G ISSUE OFFICE-: 992 DATE OF THIS NOTICE: 11/02/2021 SA] ##: 4481EI159 POLICY PERIOD: 10/10/2020 TO 10/10/2021 ANNUAL AUDIT PHYSICAL Total Premium/Charge : $ 151,721 Total Prior to Audit : $ 143,066 Additional Premium/Charge: $ 8,655 "Total Premium/Charge" represents all premium (800)842-4271 and non premium charges owed Travelers for this policy based on the Premium Audit. "Total Prior to Audit" represents premiums and non premium charges received by Travelers and applied to this policy term. Travelers will bill you for any "Additional Premium/Charge". '(THIS 1S NOT A BILL) CALCULATION OF EARNED PREMIUM/CHARGE Tr -Exposure arse Classifications Cd = Basis Rate Premium ar MINNESOTA 22640 FARMINGTON CASUALTY COMPANY LOCATION 001 STREET OR ROAD CONSTRUCTION: 5506 614,817 6.1400 50,046 PAVING OR REPAVING & D DRIVERS AND THEIR HELPERS 7380 19,412 7.6300 1,481 NOC-COMMERCIAL--VOLUNTARY COMP WATERWORKS OPERATION & DRIVERS 7520 285,404 3.9700 11,331 FIRE FIGHTERS -VOLUNTEER-& D 7708 14,012 39.4100 5,522 STORE: RETAIL NOC 8017 529,725 2.1100 11,177 Insuring Company: FARMINGTON CASUALTY COMPANY A\A-1\ c/ Thank You For Insuring With Our Company CLAUPAIE Page 000l of 0002 AW TRAVELERS) INSURED: CITY OF MONTICELLO PREMIUM ADJUSTMENT NOTICE POLICY NO. US-4J499168-20-PB-G CALCULATION OF EARNED PREMIUM/CHARGE -- Tr - Exposure Earned PremiClassifications Cd = Basis Rate /Char e (Char e CONSTRUCTION OR ERECTION 8227 PERMANENT YARD CLERICAL OFFICE EMPLOYEES NOC 8810 BUILDINGS OPERATION -ALL OTHER 9015 EMPLOYEES SWIMMING POOL -PUBLIC- 9015 OPERATION ICE-SKATING RINK OPERATION & D 9016 YMCA, YWCA, YMHA, OR YWHA, 9063 INSTITUTION -ALL EMPLOYEES & CLERICAL PARK NOC-ALL EMPLOYEES & 9102 DRIVERS MUNICIPAL EMPLOYEES NOC 9410 INCREASED LIMITS 9812 EXPERIENCE MODIFICATION 9999 SCHEDULE CREDIT 9887 PREMIUM DISCOUNT 0064 EXPENSE CONSTANT 0900 TERRORISM-PAYROLL/100 9740 TOTAL PREMIUM NON PREMIUM ITEMS SPECIAL FUND SURCHARGE 0174 TOTAL NON PREMIUM ITEMS PREMIUM LOCATION 001 TOTAL PREMIUM/CHARGE TOTAL MINNESOTA TOTAL PREMIUM/CHARGE 68,461 5.7000 3,902 1,696,157 .1500 2,544 76,973 4.5700 3,518 96,871 4.5700 4,427 2,458 4.4200 109 467,234 1.4300 6,681 571,116 4.4900 25,643 475,824 3.5700 16,987 143,368 .0110 1,577 144,945 .2000 28,969 173,934 -.1200 -20,872 153,062 -.0480 -7,347 160 4,918,464 .0110 541 $146,416 173,934 .03050 5,305 $5,305 $151,721 $151,721 $151,721 CLAUPA2A Page 0002 Of 0002 TRAVELERS) EXPOSURE COMPARISON INSURED: POLICY NO: U13-4J499168-20-PB-G CITY OF MONTICELLO 505 WALNUT ST STE 1 DATE OF THIS NOTICE: 11/02/2021 MONTICELLO, MN 55362 POLICY PERIOD.10/10/2020 TO 10/10/2021 The following is a comparison of the estimated exposures on your policy and the actual exposures found at audit. Your Audited Payroll Payroll Classifications Estimates Result Difference MINNESOTA LOCATION 001 STREET OR ROAD CONSTRUCTION: 5506 531865.00 614817.00 82952 PAVING OR REPAVING & D CONSTRUCTION OR ERECTION 8227 68010.00 68461.00 451 PERMANENT YARD BUILDINGS OPERATION -ALL OTHER 9015 106957.00 76973.00 -29984 EMPLOYEES PARK NOC-ALL EMPLOYEES & 9102 480838.00 571116.00 90278 DRIVERS CLERICAL OFFICE EMPLOYEES NOC 8810 1501786.00 1696157.00 194371 YMCA, YWCA, YMHA, OR YWHA, 9063 593683.00 467234.00 -126449 INSTITUTION -ALL EMPLOYEES & CLERICAL SWIMMING POOL -PUBLIC- 9015 101475.00 96871.00 -4604 OPERATION FIRE FIGHTERS -VOLUNTEER-& D 7708 18275.00 14012.00 -4263 WATERWORKS OPERATION & DRIVERS 7520 314015.00 285404.00 -28611 ICE-SKATING RINK OPERATION & D 9016 1179.00 2458.00 1279 STORE: RETAIL NOC 8017 475697.00 529725.00 54028 MUNICIPAL EMPLOYEES NOC 9410 422578.00 475824.00 53246 DRIVERS AND THEIR HELPERS 7380 15376.00 19412.00 4036 NOC-COMMERCIAL--VOLUNTARY COMP TOTAL PAYROLL MINNESOTA $ 4,631,734 41918,464 286,730 CLAUEXPI Page 000l Of 0002 A01h, TRAVELERS.I INSURED: CITY OF MONTICELLO EXPOSURE COMPARISON POLICY NO: UH-4J499168-20-PB-G Your Audited Payroll Payroll Classifications Estimates Result Difference — MINNESOTA TOTAL PAYROLL (CONT.) $ 4,631,734 4,918,464 286,730 CLAUEXP2 Page0002 Of 0002 1 Advertising MfijIRSnandDesign P.O.Box 681 Monticello, MN 55362 www,majirs.com 763.295.4393 . design@majirs.com Bill To City of Monticello Accounts Payable 505 Walnut Street Monticello, MN 55362 Ifi L'-\1'7 DEC 721 Invoice Date Invoice # 12/1/2021 1949 Terms Due on receipt Item Quantity Description Rate Amount Print Print 500 500 Jim T cards Josh B cards 0.107 0.107 53.50 53.50 Thank you for your business. A monthly late fee of 1.5% will be charged for invoices 30 days past due with a minimum charge of$10 Total $107.00 Payments/Credits $0.00 Balance Due $107.00 From: Julie Hoglund To: AP Subject: Re: Invoice 1937 & 1949 Date: Monday, December 6, 2021 6:38:54 PM I believe his phone number was incorrect on the first set so they reordered. I will double check to make sure. Get Outlook for Android From: AP <AP@ci.monticello.mn.us> Sent: Monday, December 6, 2021 3:35:05 PM To: design@majirs.com <design@majirs.com> Cc: Josh Berthiaume <Josh.Berthiaume@ci.monticello.mn.us>; Julie Hoglund <Julie.Hoglund@ci.monticello.mn.us> Subject: Invoice 1937 & 1949 Hello, Please see the attached invoices for the City of Monticello. Josh B. is being charged for (500) business cards on each of these invoices only a little over a month apart. Is this accurate? Thank you, Debbie DGVSOV' Finance Clerk City of Monticello 763-271-3225 bebbie.davidsonC 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. From: Jim Thares To: Debbie Davidson; Josh Berthiaume Subject: RE: Majirs 12/1/21 $107 - split Date: Monday, December 6, 2021 3:17:48 PM Debbie, yes, this is okay to pay $53.50. Let me know if you need the coding? From: Debbie Davidson <Debbie.Davidson @ci.monticello.mn.us> Sent: Monday, December 6, 2021 2:50 PM To: Josh Berthiaume <Josh.Berthiaume@ci.monticello.mn.us>; Jim Thares <Jim.Thares@ci.monticello.mn.us> Subject: Majirs 12/1/21 $107 - split Hi Jim & Josh, Attached is invoice # 1949 from Majirs for (500) business cards each. Okay to pay you half of $53.50? Thank you, pebbCe T�)av�Jsoo, Finance Clerk City of Monticello 763-271-3225 Debbie.davidson@ci.monticello.mn.us ao@ci.monticel lo.mn.us 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. From: Jim Thares To: Debbie Davidson Subject: RE: Majirs 12/1/21 $107 - split Date: Tuesday, December 7, 2021 9:13:32 AM Yes, that is good. Thank you! From: Debbie Davidson <Debbie.Davidson @ci.monticello.mn.us> Sent: Tuesday, December 7, 2021 9:08 AM To: Jim Thares <Jim.Thares@ci.monticello.mn.us> Subject: RE: Majirs 12/1/21 $107 - split Thank you, Jim. It looks like your cards have been coded to 213-46301-421990 in the past. Is that where you would like them? T�'ebb�e T�'av�dSov' Finance Clerk City of Monticello 763-271-3225 bebbie.davidson@ci.monticello.mn.us ao@ci.monticel lo.mn.us 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. From: Jim Thares <Jim.Thares(@ci.monticello.mn.us> Sent: Monday, December 6, 2021 3:18 PM To: Debbie Davidson <Debbie. Davidson(@ci.monticello.mn.us>; Josh Berthiaume <Josh.Berthiaume(@ci.monticello.mn.us> Subject: RE: Majirs 12/1/21 $107 - split Debbie, yes, this is okay to pay $53.50. Let me know if you need the coding? From: Debbie Davidson <Debbie. Davidson( �ci.monticello.mn.us> Sent: Monday, December 6, 2021 2:50 PM To: Josh Berthiaume <Josh.Berthiaume(@ci.monticello.mn.us>; Jim Thares <Jim.Thares(@ci.monticello.mn.us> Subject: Majirs 12/1/21 $107 - split Hi Jim & Josh, Attached is invoice # 1949 from Majirs for (500) business cards each. Okay to pay you half of $53.50? Thank you, T�,ebbCe DRV�dsow Finance Clerk City of Monticello 763-271-3225 L)ebbie.davidson@ci.monticello.mn.us ao@ci.monticel lo.mn.us 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. From: Josh Berthiaume To: Debbie Davidson Subject: RE: Majirs 12/1/21 $107 - split Date: Tuesday, December 7, 2021 12:34:09 PM Ok to pay Josh Berthiaume Parks Superintendent Monticello Parks,Arts & Recreation City of Monticello (763)271-3276 Josh.Berthiaume@ci.monticello.mn.us From: Debbie Davidson <Debbie.Davidson @ci.monticello.mn.us> Sent: Monday, December 6, 2021 2:50 PM To: Josh Berthiaume <Josh.Berthiaume@ci.monticello.mn.us>; Jim Thares <Jim.Thares@ci.monticello.mn.us> Subject: Majirs 12/1/21 $107 - split Hi Jim & Josh, Attached is invoice # 1949 from Majirs for (500) business cards each. Okay to pay you half of $53.50? Thank you, pebble p2v�dSow Finance Clerk City of Monticello 763-271-3225 Debbie.davidson@ci.monticel lo.mn.us on@ci.monticel lo.mn.us 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. 701 XENIA AVENUE S SUITE 300 MINNEAPOLIS. MN 55416 11R7.Sk City of Monticello November 23, 2021 Attn: Sarah Rathlisberger, CPFO Finance Manager Project/Invoice: R-017641-000 - 10 505 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 # 213,46301.431993 Professional Services from October 1. 2021 to October 31,_2021 Phase 001 2021 Economic Development Services Monthly Retainer A4onthly Retainer 850 / Lump Sum Fee $10,200 for this task. Fee Total Fee 10,200.00 Percent Complete 83,3333 Total Earned 8,500.00 Previous Fee Billing 7,650,00 Current Fee Billing 850.00 Total Fee Meetings - $135/mtg Gromberg, James 10/18/2021 Project Updates with Jim Thares Gromberg, James 10/22/2021 Prooject Update Call Jim Thares Totals Total Labor Adjustments *Meetings $135 on 10/18 & 10/22 Total Adjustments Special Projects Gromberg, James 10/5/2021 Meeting Project Integrity Gromberg, James 10/14/2021 Hours 1.00 1.00 2.00 Hours 1.00 Total this Task Rate Amount 152.00 152.00 152.00 152.00 304.00 -34.00 -34.00 Total this Task Rate 152.00 1.50 152.00 Amount 152.00 228.00 850.00 $850.00 304.00 -34.00 $270.00 Project R-017641-000 MONT - 2021 Economic Development Service invoice 10 Project Integrity Update Totals 2.50 380.00 Total Labor 380.00 Total this Task $380.00 CET Grant Planning Hours Rate Gromberg, James 10/11/2021 1.50 152.00 Meeting with Staff and Jim Stremmel on project cordination Totals 1.50 Total Labor 228.00 Total this Task $228.00 Total this Phase $1,728.00 Total this Invoice _ $1,728.00 Billings to Date Current Prior Total Fee 850.00 7,650.00 8,500.00 Labor 912.00 6,247.50 7,159.50 Add -on -34.00 -93.00 -127.00 Totals 1,728.00 13,804.50 15,532.50 Amount 228.00 228.00 Page 2 101 k[N-A AV[ NUE R sul l [ 300 MINNFAPM iS MTV 554115 wsb City of Monticello November 23, 2021 Attn: Sarah Rathlisberger, CPFO Finance Manager Project/Invoice- R-017641-000 - 10 505 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 J) c) �- C- O coe— GL Acct # 21146301.431993 r Professional Servicesfr4m October 1. 2021 to October 31_._2021 Phase 001 2021 Economic Development Services �ri�_� Monthly Retainer MomMy Polainer S850 / Lump Sum Fee $10,200 for this [ k. Fee Total Fee 10,200.00 Percent Complete 83.3333 Total Earned 8.500.04 Previous Fee Billing 7.650.00 Current Fee Billing 850,00 Total Fee Total this Task Meetings - $1351m19 Hours Rate Amount Gromberg, Jarnes 1008/2021 1,00 152.00 152.00 Project updates with Jim Thares Gromberg, James 10/22/2021 1.00 152.00 152.00 Prooject Update Call Jim Thares Totals 2.00 30400 Total Labor Adjustments 'Meetings $135 on 1Oil 8 & 10122 -34.00 Total Adjustments -34.00 Total this Task Special Projects Hours Rate Amount Gromberg, James 10/512021 1.00 152.00 152.00 Meeting Project Integrity Gromberg, James 10/14/2021 1,50 152.00 228.00 850.00 $860.OD 3©4.00 -34.00 $270.00 Project R-017641-000 MONT - 2021 Economic Development Service Invoice 10 Project Integrity Update Totals 2.50 380.00 Total Labor 380.00 Total this Task $380.00 CET Grant Planning Hours Rate Amount Gromberg, James 1 DJ1112021 1.50 152.00 228.00 Meeting with Staff and Jim Slremmel on project cordination Totals 1,50 228.00 Total Labor 228.00 Total this Task $228.00 Total this Phase $1,728.00 Total this InVDice $1.728.00 Billings to Date Current Prior Total Fee 850.00 7.650-00 8,500.d0 Labor 912.00 6,247.50 7,159-50 Add -on -34A0 -93.00 -127 00 Totals 1,728.00 13,804.50 15,532.50 -i-as4 s�,.o u,�oQ «ou�--; 0 C-0 —430300. Ju,-r Page 2 From: Jim Thares To: Julie Cheney Subject: RE: WSB (3) Date: Monday, December 6, 2021 5:36:11 PM Attachments: WSB Invoice - ED Assistance $1500.00 and $228.00 to CET Grant - JMT okay-12-06-21.odf image001.g_ng Hi Julie, these are okay to pay as noted below: From: Julie Cheney <Julie.Cheney@ci.monticello.mn.us> Sent: Friday, December 3, 2021 11:35 AM To: Jim Thares <Jim.Thares@ci.monticello.mn.us> Subject: WSB (3) Jim Attached are the following invoices from WSB: Inv# R014511-000 18 - $1,060.00 - Penny Rolf — Relocation Services Contract - okay as Coded JMT Inv# R019194-000 1 - $1,564.50 - CET Grant Engineering Work for Shovel Ready Site Cert - okay as Coded JMT Inv# R017641-000 10 - $1,728.00 — Economic Dev Assistance and CET Grant Combo — Please see attached file -modified invoice for coding Okay to pay as coded? Thanks, Julie Cheney Finance Assistant City of Monticello 763-271-3205 Julie.Cheney@ci.monticello.mn.us AP@ci.monticel lo.mn.us 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. Page: 1 Kennedy & Graven, Chartered 150 South Fifth Street, Suite 700 Minneapolis, MN 55402 City of Monticello October 31, 2021 MN190-00101 General EDA Matters Through October 31, 2021 For All Legal Services As Follows: Hours 10/15/2021 MNI Review agenda for EDA finance call U0 10/18/2021 LJK Review finance call agenda and materials; participate in 1.00 monthly finance call Total Services: Amount 42.00 160.00 $ 202.00 Total Services and Disbursements: $ 202.00 ❑ocuSign Envelope ID: 97256C7F-1 E63-431 B-9A00-2969A1 DO7EEB Kennedy & Graven, Chartered 150 South Fifth Street, Suite 700 Minneapolis, MN 55402 (612) 337-9300 41-1225694 November 17, 2021 Statement No. 164347 City of Monticello Accounts Payable 505 Walnut Avenue, Suite 1 Monticello, MN 55362 Through October 31, 2021 MN190-00101 General EDA Matters 202.00 Total Current Billing: 202.00 I declare, under penalty of law, that this account, claim or demand is just and correct and that no part of it has been paid. E DocuSrrigned by i- rnv. -.Y. F7F2C Z0 7A4F8 Signature of Claimant From: Jim Thares To: Julie Cheney Subject: RE: Kennedy & Graven (2) Date: Monday, December 6, 2021 5:05:20 PM Attachments: imaae001.a_na Hi Julie, these invoices are both okay. Please code to: 213-46301-430400 From: Julie Cheney <Julie.Cheney@ci.monticello.mn.us> Sent: Friday, December 3, 2021 11:03 AM To: Jim Thares <Jim.Thares@ci.monticello.mn.us> Subject: FW: Kennedy & Graven (2) Following up on these for the check run next week. Thank you! From: Julie Cheney Sent: Tuesday, November 23, 2021 4:12 PM To: Jim Thares <Jim.Thares(@ci.monticello.mn.us> Subject: Kennedy & Graven (2) Attached are the following invoices from Kennedy & Graven for October services: Inv# MN190-00101— General EDA - $202.00 Inv# MN325-00045 — 113 W Broadway - $1,426.70 Okay to pay? Please provide coding. Thanks, Julie Cheney Finance Assistant City of Monticello 763-271-3205 Julie.Cheney@ci.monticello.mn.us AP@ci.monticel lo.mn.us 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. Page: 1 Kennedy & Graven, Chartered 150 South Fifth Street, Suite 700 Minneapolis, MN 55402 Monticello EDA October 31, 2021 MN325-00045 113 West Broadway Through October 31, 2021 Hours Arnuunt For ALegal Services As Follows: 3/312021 MNI Check -in call with J Thares regarding purchase 0.20 42.00 agreement; question on records retention 6/9/2021 TMR Check with Martha regarding status of closing 0.10 12.70 10/12/2021 MNI Review seller comments to PA', questions to J Thares 0.50 105.00 regarding same 101-19/2021 LJK Revise purchase agreement; review current lease; phone 0.50 87.50 call and email with J. Thares; email M. Ingram re: purchase agreement and next steps 10/2012021 LJK Draft Property Management and Lease Agreement, 2.00 350.00 Planning Commission Resolution, and EDA Resolution 10/20/2021 MNI Monticello review changes from Seller; review lease with 2.40 504.00 Elevated Wellness; finalize PA 113 W Broadway; circulate; draft EDA approving resolution 10/21/2021 LJK Review lease document and resolutions with M Ingram 0.30 52.50 10/21/2021 MNI Monticello review and revise Lease Agreement and 1.30 273,00 resolutions; office conference with L Kantner regarding same. Total Services: $ 1,426.70 Total Services and Disbursements: $ 1,426.70 DocuSign Envelope ID: 97256C7F-IE63-4318-9AOC-2969A1D07FEB Kennedy & Graven, Chartered 150 South Fifth Street, Suite 700 Minneapolis, MN 55402 (612) 337-9300 41-1225694 November 17, 2021 Statement No. 164348 Monticello ECA 505 Walnut Ave, Suite 1 Monticello, MN 55362 Through October 31, 2021 MN325-00045 113 West Broadway I declare, under penalty of law, that this account, claim or demand is just and correct and that no part of it has been paid. G 4L Docu''Srrigned by: I't. Signature of Claimant 1,426.70 Total Current Billing: 1,426.70 From: Jim Thares To: Julie Cheney Subject: RE: Kennedy & Graven (2) Date: Monday, December 6, 2021 5:05:20 PM Attachments: imaae001.a_na Hi Julie, these invoices are both okay. Please code to: 213-46301-430400 From: Julie Cheney <Julie.Cheney@ci.monticello.mn.us> Sent: Friday, December 3, 2021 11:03 AM To: Jim Thares <Jim.Thares@ci.monticello.mn.us> Subject: FW: Kennedy & Graven (2) Following up on these for the check run next week. Thank you! From: Julie Cheney Sent: Tuesday, November 23, 2021 4:12 PM To: Jim Thares <Jim.Thares(@ci.monticello.mn.us> Subject: Kennedy & Graven (2) Attached are the following invoices from Kennedy & Graven for October services: Inv# MN190-00101— General EDA - $202.00 Inv# MN325-00045 — 113 W Broadway - $1,426.70 Okay to pay? Please provide coding. Thanks, Julie Cheney Finance Assistant City of Monticello 763-271-3205 Julie.Cheney@ci.monticello.mn.us AP@ci.monticel lo.mn.us 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. 701 XENIA AVENUE S SUITE 300 MINNEAPOLIS, MN 55416 City of Monticello November 23, 2021 Attn: Sarah Rathlisberger, CPFO Finance Manager Projectllnvoice: R-014511-000 - 18 505 Wafnut 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 # 213,46301.431993 Professional Services from October 1. 2021 to October 31, 2021 Phase 001 Downtown Redev. Project Relocation Assistance Services Hours Rate Amount Cottrell, Douglas 10/27/2021 2.00 104.00 208.00 Reach out to landlords for questions regarding spaces for rent Filework Cottrell, Douglas 10/28/2021 1.50 104,00 156.00 Reach out to owners of properties in regards to their units Filework Cottrell, Douglas 10/29/2021 .50 104.00 52.00 Discuss property with owner in regards to church location Totals 4.00 416.00 Total Labor 416.00 Total this Task $416.00 Acquisition Assistance Services Hours Rate Amount Ralf, Penny 10/27/2021 3.50 184.00 644,00 Drive to Monticello and back, mtg w/Cindy Heaton, email to Jim at EDA, search for referrals for the church, sent into to staff to research Totals 3.50 644.00 Total Labor 644,00 Total this Task $644.00 Total this Phase $1,060.00 Billing Limits Current Prior To -Date Total Billings 1,060.00 6,295.45 7.355,45 Limit 10,208,00 Remaining 2,852.55 Project R-014511-000 MONT - Downtown Redev. Project - Montice Invoice 18 Total this Invoice $1,060.00 Page 2 From: Jim Thares To: Julie Cheney Subject: RE: WSB (3) Date: Monday, December 6, 2021 5:36:11 PM Attachments: WSB Invoice - ED Assistance $1500.00 and $228.00 to CET Grant - JMT okay-12-06-21.odf image001.g_ng Hi Julie, these are okay to pay as noted below: From: Julie Cheney <Julie.Cheney@ci.monticello.mn.us> Sent: Friday, December 3, 2021 11:35 AM To: Jim Thares <Jim.Thares@ci.monticello.mn.us> Subject: WSB (3) Jim Attached are the following invoices from WSB: Inv# R014511-000 18 - $1,060.00 - Penny Rolf — Relocation Services Contract - okay as Coded JMT Inv# R019194-000 1 - $1,564.50 - CET Grant Engineering Work for Shovel Ready Site Cert - okay as Coded JMT Inv# R017641-000 10 - $1,728.00 — Economic Dev Assistance and CET Grant Combo — Please see attached file -modified invoice for coding Okay to pay as coded? Thanks, Julie Cheney Finance Assistant City of Monticello 763-271-3205 Julie.Cheney@ci.monticello.mn.us AP@ci.monticel lo.mn.us 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. Julie Cheney From: Bullseye Property Management & Realty <mail@managebuilding.com> Sent: Wednesday, December 22, 2021 3:05 AM To: AP Subject: Lease statement for Broadway Parking Easement - COMMERCIAL - 2 as of 12/22/2021 1 Bullseye Property Management & Realty Lease statement as of 2021-12-22 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 9/30/2021 Payment ($198.02) ($198.02) 10/1/2021 Common Area Maintenance $198.02 $0.00 10/28/2021 Payment ($198.02) ($198.02) 11/1/2021 Common Area Maintenance $198.02 $0.00 11/30/2021 Payment ($198.02) ($198.02) 12/1/2021 Common Area Maintenance $198.02 $0.00 12/16/2021 Payment ($198.02) ($198.02) 1/1/2022 Common Area Maintenance $198.02 $0.00 Balance due: $0.00 Payment is due on the 28th of the month. If payment isn't received, a one-time fee equal to 8% of outstanding balances will be charged on the 29th of each month. Manage your account online: http://builseyeproperties.managebuilding.com Bullseye Property Management & Realty 763-295-6566 Buildium@bullseye411.com 1 Rivertown Residential Suites Pay-as-you-go balance Payment information Payment to: Granite City Real Estate Description. TIF 1-40 pay as you go 1st or 2nd 1/2 GL account: 213-46540-465110 District: 40.0 Original Amount: 785,000.00 Interest Rate: 5.490% Payments Commence: 8/1/21 Ending no Later Than: 2/1/46 Available TIF: 90.00% PID: 155-010-036030 State assessed fee 0.0036 Increment Total Balance Date Received Principal Interest Payment Remaining 8/1/2021 6,514.85 5,863.37 5,863.37 785,000,00 1/1/2022 6,514.86 5,863.37 5,86337 785,000,00 Landmark Square Phase I Pay-as-you-go balance Payment information Payment to: Laxmi Hotel Inc (formerly Master's Fifth Avenue) Description: TIF 1-22.5 pay as you go 1st or 2nd 112 GL Account: 213-46585-465110 District: 22.5 Original Amount: 185,000.00 Interest Rate: 8.000% Payments Commence: 8/1103 Ending no Later Than: 211/23 Available TIF: 90.00% PID: 155.010.036130 & 155 010.036140 State assessed fee 0.0036 Increment Total Balance Date Received Principal Interest Payment Remaining 8/1/2003 0.00 185,000.00 1/1/2004 0.00 185,000.00 8/1/2004 3,085.00 3,085.00 185,000.00 1/1/2005 3,084.00 3,084.00 185,000.00 8/1/2005 6,393.00 6,393.00 185,000.00 1/1/2006 6,393.00 6,393.00 185,000.00 8/1/2006 6,830.00 6,830.00 185,000.00 1/1/2007 6,830.00 6,83000 185,000.00 8/1/2007 90.00 7,400.00 7,490.00 184,910.00 1/28/2008 94.00 7,39600 7,490.00 184,816.00 8/1/2008 5,106.00 5,106.00 184,816.00 1/9/2009 6,332.00 5,698.80 5,698.80 184,816.00 8/1/2009 6,304.90 5,67441 5,674.41 184,816.00 1/1/2010 6,304.90 5,674,41 5,674.41 184,816.00 8/1/2010 6,266.02 5,639,42 5,639.42 184,816.00 111/2011 6,266.02 5,639A2 5,639.42 184,816.00 8/1/2011 5,668.11 5,101.30 5,101 30 184.816.00 1/1/2012 5,668.11 5,101.30 5,10130 184,816.00 8/1/2012 5,835.67 5,252A0 5,252.10 184,816.00 1/1/2013 5,835.67 5,252.10 5,252.10 184,816.00 8/1/2013 5,617,76 5,055 98 5,055.98 184,816.00 1/1/2014 5,617.76 5,055.98 5,055.98 184,816.00 8/1/2014 5,978.58 5,380 72 5,380.72 184,816.00 1/1/2015 5,978.58 5,38072 5,380.72 184,816.00 8/1/2015 4,899.75 4,409,78 4,409.78 184,816.00 1/1/2016 4,899.75 4,409,78 4,409.78 184,816.00 8/1/2016 4,962,46 4,466,21 4,46621 184,816.00 1/1/2017 4,962.46 4,466.21 4,466.21 184,816.00 8/1/2017 4,817.10 4,335.39 4,335.39 184,816.00 1/1/2018 4,817.10 4,335.39 4,335.39 184,816.00 8/1/2018 5,014.49 4,513,04 4,513.04 184,816.00 1/1/2019 5,014.49 4,513.04 4,513,04 184,816.00 8/1/2019 5,705.72 5,135.15 5,135.15 184,816.00 1/1/2020 5,705.72 5.135.15 5,135.15 184,816.00 8/1/2020 6,279.25 5.651.32 5,651.32 184,816.00 1/1/2021 6,279.25 5,651.32 5,651,32 184,816.00 8/1/2021 6,659.27 5,993.34 5,993,34 184,816.00 1/1/2022 6,659.27 5,993,34 5,993,34 184,816.00 Accounts Payable Transactions by Account CITY F � User: Julie. onti effo Printed: 12/29/2021 /2021 - 11:36AM Batch: 00204.12.2021 Account Number Vendor Description GL Date Check No Amount PO No 213-00000-220110 KENNEDY AND GRAVEN CHAR] 21TOO 1 -Headwater Housing TIF - N( 12/30/2021 124983 375.00 Vendor Subtotal for Dept:00000 375.00 213-46301-430400 KENNEDY AND GRAVEN CHAR] 113 West Broadway -Nov 2021 12/30/2021 124983 1,909.60 213-46301-430400 KENNEDY AND GRAVEN CHAR] UMC Economic TIF Development - P 12/30/2021 124983 50.00 213-46301-430400 KENNEDY AND GRAVEN CHAR] EDA Resolution Re:113 West Broadw 12/30/2021 124983 144.00 213-46301-430400 KENNEDY AND GRAVEN CHAR] General EDA- Nov 2021 12/30/2021 124983 373.00 Vendor Subtotal for Dept:46301 2,476.60 213-46301-443990 LIVE LAUGH AND BLOOM CenterPieces for Industry of Year Brea 12/30/2021 124986 365.00 Vendor Subtotal for Dept:46301 365.00 Subtotal for Fund: 213 3,216.60 Report Total: 3,216.60 AP -Transactions by Account (12/29/2021 - 11:36 AM) Page 1 Page: 3 Kennedy & Graven, Chartered 150 South Fifth Street, Suite 700 Minneapolis, MN 55402 City of Monticello November 30, 2021 MN190-00163 Headwaters Housing TIF Through November 30, 2021 For All Legal Services As Follows: Hours 11i22/2021 MNI Phone conversation with T Omdal regarding Headwaters 0,30 TIF schedule of events; review same 11/23/2021 MNI Draft EDA and City resolutions regarding public hearing on 0.90 new housing TIF district 11/23/2021 MNI Review proposed business terms for Headwaters TIF 0.30 district. Total Services: $ Amount 75.00 225.00 75.00 375.00 Total Services and Disbursements: $ 375.00 From: Jim Thares To: Julie Cheney Cc: Liz Lindrud Subject: RE: Kennedy & Graven (4) Date: Friday, December 17, 2021 2:38:38 PM Attachments: imaae001.Dna Kennedy Graven 113021 $517.00 rev JMT v2 - 12-17-21.pdf Hi Julie, these are all okay to pay. Please code as follows and see attached invoice for notation. From: Julie Cheney <Julie.Cheney@ci.monticello.mn.us> Sent: Friday, December 17, 2021 1:33 PM To: Jim Thares <Jim.Thares@ci.monticello.mn.us> Subject: Kennedy & Graven (4) me Attached are the current invoices from Kennedy & Graven for November services: MN190-00101 General EDA - $517.00 - 213-46301-430400 with notation (not really for "General EDA Matters"). It should be allocated to proper use in case we need to quickly identify accurate General EDA legal expenditures. MN190-00160 2019 UMC Economic Development TIF - $50.00 - 213-46301-430400 MN190-00163 —Headwaters Housing TIF - $375.00 (see new Escrow Account for Headwaters Development Affordable Housing TIF - escrow funding payment came in from Headwaters in the amount of $10,000. Those dollars should be used to cover legal fees and Northland Securities fees for the TIF analysis and Plan. When the escrow amount runs low, please notify me and I can ask for additional payment of funds into the account.) MN325-00045 —113 W Broadway - $1,909.60 - 213-46301-430400 Okay to pay? Please provide coding. Thank you, Julie Cheney Finance Assistant City of Monticello 763-271-3205 Jul ie.Chenev@ci.monticello AP@ci.monticel lo.mn.us 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. From: Liz Lindrud To: Jim Thares; Julie Chenev Subject: RE: Kennedy & Graven (4) Date: Monday, December 20, 2021 10:08:05 AM Attachments: imaoe001.png Julie, I created a project code for the headwaters TIF when we received the deposit, its 21T001. From: Jim Thares <Jim.Thares@ci.monticello.mn.us> Sent: Friday, December 17, 2021 2:39 PM To: Julie Cheney <Julie.Cheney@ci.monticello.mn.us> Cc: Liz Lindrud <Liz.Lind rud@ci.monticello.mn.us> Subject: RE: Kennedy & Graven (4) Hi Julie, these are all okay to pay. Please code as follows and see attached invoice for notation. From: Julie Cheney <Julie.CheneyCcDci.monticello.mn.us> Sent: Friday, December 17, 2021 1:33 PM To: Jim Thares <Jim.TharesCcDci.monticello.mn.us> Subject: Kennedy & Graven (4) MAIN Attached are the current invoices from Kennedy & Graven for November services: MN190-00101 General EDA - $517.00 - 213-46301-430400 with notation (not really for "General EDA Matters"). It should be allocated to proper use in case we need to quickly identify accurate General EDA legal expenditures. MN190-00160 2019 UMC Economic Development TIF - $50.00 - 213-46301-430400 MN190-00163 —Headwaters Housing TIF - $375.00 (see new Escrow Account for Headwaters Development Affordable Housing TIF - escrow funding payment came in from Headwaters in the amount of $10,000. Those dollars should be used to cover legal fees and Northland Securities fees for the TIF analysis and Plan. When the escrow amount runs low, please notify me and I can ask for additional payment of funds into the account.) MN325-00045 — 113 W Broadway- $1,909.60 - 213-46301-430400 Okay to pay? Please provide coding. Thank you, Julie Cheney Finance Assistant City of Monticello 763-271-3205 Julie.Cheney@ci.monticello.mn.us AP@ci.monticello.mn.us 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. Page: 1 Kennedy & Graven, Chartered 150 South Fifth Street, Suite 700 Minneapolis, MN 55402 Monticello EDA November 30, 2021 MN325-00045 113 West Broadway Through November 30, 2021 For All Legal Services As Follows. Hours Amount 11/3/2021 MNI Monticello review of EDA resolution approving PA; office 0.70 147.00 conference with L Kantner regarding same, phone conversation with J Thares regarding same; revise and resend 11/3/2021 TMR Review file, email exchange with Martha Ingram regarding 0.60 76.20 upcoming closing; review Lease Agreement 11/4/2021 MNI Review changes to PA and Management Agreement for 0.60 126.00 113 W. Broadway; email and phone discussion with J Thares regarding same 11/4/2021 MNI Office conference with L Kantner regarding proposed 0.80 168.00 changes to PA and management agreement; incorporate changes in PA and circulate; email to J Thares regarding proposed changes to management agreement 11/4/2021 TMR Order commitment from Old Republic Title Company; 0.60 76.20 email exchange with Robin Armstrong regarding details of file; email to Jim Thares to request executed Purchase Agreement, Resolution, earnest money and copy of owner's policy or abstract 11/5/2021 MNI Phone conference with J Thares regarding approval of PA, 1,00 210.00 proposed revisions to Property Management Agreement; create execution copy of PA and circulate 11/9/2021 MNI Revise Management and Lease Agreement per 1.60 336.00 conversation with J Thares 11/16/2021 TMR Save Resolution to file; foward to Barb Chirinos and 0.20 25.40 provide file update 11/22/2021 MNI Review lease for 113 W Broadway; email to J Thares 0.50 105.00 regarding same 11/22/2021 TMR Receive fully executed Purchase Agreement; save to file 0.90 114.30 and forward to title company; review Purchase Agreement; email Cindy Heaton to request original Abstract of Title; email Jim Thares to request earnest money; email Barb Chirinos to update Page: 2 Kennedy & Graven, Chartered 150 South Fifth Street, Suite 700 Minneapolis, MN 55402 Monticello EDA November 30, 2021 11/23/2021 MNI Review property management and lease agreement, 0.60 126.00 phone conversation regarding same with J Thares 11/24/2021 TMR Email exchange with Cindy Heaton regarding Abstract; 0.30 38.10 save copy of abstract to file; forward to Barb Chirinos 1112£42021 MNI Phone conversation with seller's counsel regarding 0.40 84.00 proposed Lease Agreement language 11/29/2021 MNI Revise Lease Agreement; phone conversation with J 1.10 231.00 Thares regarding outstanding issues; revise per conversation and circulate 11/29/2021 TMR Email to Cindy Heaton regarding copy of Abstract for title 0.10 12.70 company; email Robin Armstrong to provide update 11/30/2021 MNI Office conference with T Reichert regarding status of 0 10 21.00 documents for closing 11/30/2021 TMR Email Martha Ingram regarding Lease. 0 10 1270 Total Services: $ 1,909.60 Total Services and Disbursements: $ 1,909.60 From: Jim Thares To: Julie Cheney Cc: Liz Lindrud Subject: RE: Kennedy & Graven (4) Date: Friday, December 17, 2021 2:38:38 PM Attachments: imaae001.Dna Kennedy Graven 113021 $517.00 rev JMT v2 - 12-17-21.pdf Hi Julie, these are all okay to pay. Please code as follows and see attached invoice for notation. From: Julie Cheney <Julie.Cheney@ci.monticello.mn.us> Sent: Friday, December 17, 2021 1:33 PM To: Jim Thares <Jim.Thares@ci.monticello.mn.us> Subject: Kennedy & Graven (4) me Attached are the current invoices from Kennedy & Graven for November services: MN190-00101 General EDA - $517.00 - 213-46301-430400 with notation (not really for "General EDA Matters"). It should be allocated to proper use in case we need to quickly identify accurate General EDA legal expenditures. MN190-00160 2019 UMC Economic Development TIF - $50.00 - 213-46301-430400 MN190-00163 —Headwaters Housing TIF - $375.00 (see new Escrow Account for Headwaters Development Affordable Housing TIF - escrow funding payment came in from Headwaters in the amount of $10,000. Those dollars should be used to cover legal fees and Northland Securities fees for the TIF analysis and Plan. When the escrow amount runs low, please notify me and I can ask for additional payment of funds into the account.) MN325-00045 —113 W Broadway - $1,909.60 - 213-46301-430400 Okay to pay? Please provide coding. Thank you, Julie Cheney Finance Assistant City of Monticello 763-271-3205 Jul ie.Chenev@ci.monticello AP@ci.monticel lo.mn.us 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: 2 Kennedy & Graven, Chartered 150 South Fifth Street, Suite 700 Minneapolis, MN 55402 City of Monticello November 30, 2021 MN190-00160 2019 UMC Economic Development TIF Through November 30, 2021 For All Legal Services As Follows: Hours Amount 11/22/2021 MNI Review question of DEED MIF note, resend amended MiF 0.20 50.00 note to J Thares. Total Services: $ 50.00 Total Services and Disbursements: $ 50.00 From: Jim Thares To: Julie Cheney Cc: Liz Lindrud Subject: RE: Kennedy & Graven (4) Date: Friday, December 17, 2021 2:38:38 PM Attachments: imaae001.Dna Kennedy Graven 113021 $517.00 rev JMT v2 - 12-17-21.pdf Hi Julie, these are all okay to pay. Please code as follows and see attached invoice for notation. From: Julie Cheney <Julie.Cheney@ci.monticello.mn.us> Sent: Friday, December 17, 2021 1:33 PM To: Jim Thares <Jim.Thares@ci.monticello.mn.us> Subject: Kennedy & Graven (4) me Attached are the current invoices from Kennedy & Graven for November services: MN190-00101 General EDA - $517.00 - 213-46301-430400 with notation (not really for "General EDA Matters"). It should be allocated to proper use in case we need to quickly identify accurate General EDA legal expenditures. MN190-00160 2019 UMC Economic Development TIF - $50.00 - 213-46301-430400 MN190-00163 —Headwaters Housing TIF - $375.00 (see new Escrow Account for Headwaters Development Affordable Housing TIF - escrow funding payment came in from Headwaters in the amount of $10,000. Those dollars should be used to cover legal fees and Northland Securities fees for the TIF analysis and Plan. When the escrow amount runs low, please notify me and I can ask for additional payment of funds into the account.) MN325-00045 —113 W Broadway - $1,909.60 - 213-46301-430400 Okay to pay? Please provide coding. Thank you, Julie Cheney Finance Assistant City of Monticello 763-271-3205 Jul ie.Chenev@ci.monticello AP@ci.monticel lo.mn.us 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 City of Monticello November 30, 2021 MN190-00101 General EDA Matters Through November 30, 2021 For All Legal Services As Follows: Hours Amount 111i12021 LJK Respond to J. Thares' email 0.10 16.00 11/212021 LJK Prepare for and have call with J. Thares re. November 0.90 EDA meeting agenda; discuss Planning Commission resolution and timing with G. Fiorini; revise EDA resolution for 113 W. Broadway 11/11f2021 MNI Review UMC MIF loan agreement terms in preparation for 0.30 monthly finance meeting and question on security for MIF loan 11/15/2021 MNI Agenda review and monthly finance call with city and EDA 1.40 staff, Northland. Total Services 144.00 This is for 113 W Broadway purchase 63.00 294.00 $ 517.00 Total Services and Disbursements: $ ,�9 (3, L.v341. L3O 4D 517.00 Julie Cheney From: Jim Thares Sent: Friday, December 17, 2021 2:39 PM To: Julie Cheney Cc: Liz Lindrud Subject: RE: Kennedy & Graven (4) Attachments: Kennedy Graven 113021 $517.00 rev JMT v2 - 12-17-21.pdf Hi Julie, these are all okay to pay. Please code as follows and see attached invoice for notation. From: Julie Cheney <Julie.Cheney@ci.monticello.mn.us> Sent: Friday, December 17, 2021 1:33 PM To: Jim Thares Jim.Thares@ci.monticello.mn.us> Subject: Kennedy & Graven (4) Jim Attached are the current invoices from Kennedy & Graven for November services: MN190-00101 General EDA - $517.00 - 213-46301-430400 with notation (not really for "General EDA Matters"). It should be allocated to proper use in case we need to quickly identify accurate General EDA legal expenditures. MN190-00160 2019 UMC Economic Development TIF - $50.00 - 213-46301-430400 MN190-00163 —Headwaters Housing TIF - $375.00 (see new Escrow Account for Headwaters Development Affordable Housing TIF - escrow funding payment came in from Headwaters in the amount of $10,000. Those dollars should be used to cover legal fees and Northland Securities fees for the TIF analysis and Plan. When the escrow amount runs low, please notify me and i can ask for additional payment of funds into the account.) MN325-00045 —113 W Broadway - $1,909.60 - 213-46301-430400 Okay to pay? Please provide coding. Thank you, Julie Cheney Finance Assistant City of Monticello 763-271-3205 Julie. Chenev@c i.monticel lo.mn.us APQci.monti cel ko.mn.us CITY 0r Monticdo Live Laugh Bloom Floral 108 Cedar Street Monticello MN 55362 763-314-0552 flowers@Iivelaughandbloom.com City of Monticello . City of Monticello 505 WALNUT ST MONTICELLO MN 55362 Orders Closing Date - Dec 14, 2021 Amount Due: $365.00 Amount Enclosed: InvOice #100000289 Delivery pate Order # Sender Name Recipient Item Product Tax Delivery Charge Total Due Name Total Oct 13, 2021 100015282 City of City of fall centerpeice $360,00 $0,00 $5.00 $365.00 $365.00 Monticello, Monticello in a low glass I Vicki L container Thank you for your business From: Jim Thares To: Julie Cheney Cc: Liz Lindrud Subject: RE: Live Laugh Bloom $365.00 Date: Friday, December 17, 2021 2:41:45 PM Attachments: imaae001.Dna Julie, yes, this is okay to pay. Please code to: 213-46301-443990 (1 presume that we received all funding as invoiced out to the sponsors for the Mfg Recognition Event?) From: Julie Cheney <Julie.Cheney@ci.monticello.mn.us> Sent: Friday, December 17, 2021 2:03 PM To: Jim Thares <Jim.Thares@ci.monticello.mn.us> Subject: Live Laugh Bloom $365.00 Jim Please see the attached from Live Laugh Bloom for flower centerpieces for the manufacturer's breakfast back in October. Okay to pay $365.00? Thanks, Julie Cheney Finance Assistant City of Monticello 763-271-3205 Julie.Chenev@ci.n AP@ci.monticel lo.mn.us CITY C 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. Live Laugh Bloom Floral 108 Cedar Street Monticello MN 55362 763-314-0552 flowers@livelaughandbloom.com City of Monticello . City of Monticello 505 WALNUT ST MONTICELLO ,MN 55362 Items Ordered Product Item Category: Uncategorized Sender Information Description fall centerpeice in a low glass container Invoice # 100015282 Price Qty Subtotal Discounts Price with Tax $30.00 Ordered 12 $360.00 $0.00 $360.00 Delivery Info Email vicki.leerhoff@ci.monticello.mn.us Delivery Date Wednesday, October 13, 2021 Phone NA Delivery Time City of Monticello . Delivery Type Delivery City of Monticello Sender Information 505 WALNUT ST Delivery Instruction before 5 pm MONTICELLO, Minnesota 55362 Delivery Status Taken/Delivered Order Placed Thursday, August 26, 2021 Card Message Recipient Information City of Monticello Monticello Community Center Order Totals 505 Walnut St Monticello, Minnesota 55362 Subtotal $360.00 United States Delivery Charge $5.00 Tax $0.00 Grand Total $365.00 Payment Information House Account Ordered by: Vicki L All sales are final after they are deliver or taken from the store. Accounts Payable Transactions by Account CITY F User: Julie.Cheney e Printed: 12/20/2021 - 1:37PM onti ffo Batch: 00201.12.2021 Account Number Vendor Description GL Date Check No Amount PO No 213-46301-438200 CITY OF MONTICELLO 7256-004 - 130 Brdwy- Stormwtr 12/15/2021 0 19.25 213-46301-438200 CITY OF MONTICELLO 7256-007 - 103 Pine St- EDA 12/15/2021 0 37.97 213-46301-438200 CITY OF MONTICELLO 7256-008 - 112 River St. W EDA 12/15/2021 0 37.97 Vendor Subtotal for Dept:46301 95.19 213-46301-443990 US BANK CORPORATE PMT SYS Monti Chamber - Nov Chamber Luncl 12/15/2021 0 15.00 Vendor Subtotal for Dept:46301 15.00 Subtotal for Fund: 213 110.19 Report Total: 110.19 AP -Transactions by Account (12/20/2021 - 1:37 PM) Page 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 Friday, November 5, 2021 8:10 AM AP Your bill from City of Monticello, MN is ready. 11-1-21 WEB INSERTS.pdf; BACK OF BILL.pdf 007256-004 MONTICELLO EDA (213-46301) 130 BROADWAY E 10/1/2021 to 10/31/2021 (31 days) 11/4/2021 12/1/2021 Previous Reading Current Reading Serial Date Reading Date Reading Cons Current Charges Water: ACH CREDIT - AUTO PAY ($1.25) Water: EBILL CREDIT ($0.50) Stormwater: STORMWATER / NON-RESIDENTIAL $21.00 Total Current Charges: $19.25 Bill Summary Previous Balance: $19.25 Payments Received: $19.25 Adjustments: $0.00 Current Charges: $19.25 * Total Amount Due by: 12/1/2021 $19.25 * 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. 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 Serial Current Charges noreply@merchanttransact.com Friday, November 5, 2021 8:10 AM AP Your bill from City of Monticello, MN is ready. 11-1-21 WEB INSERTS.pdf; BACK OF BILL.pdf Previous Reading Date Reading 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: 12/1/2021 * This was the amount due at the time of billing. 007256-007 MONTICELLO EDA (213-46301) 103 PINE ST 10/1/2021 to 10/31/2021 (31 days) 11/4/2021 12/1/2021 Current Reading Date Reading 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. 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 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 Friday, November 5, 2021 8:10 AM AP Your bill from City of Monticello, MN is ready. 11-1-21 WEB INSERTS.pdf; BACK OF BILL.pdf Previous Reading Serial Date Reading 68621907 10/1/2021 43888 Current Charges Water: Water: CITY WATER - NON-TAXABLE Consumption Water: CITY WATER - NON-TAXABLE Water: ACH CREDIT - AUTO PAY Water: EBILL CREDIT Water: WATER - STATE CONNECTION FEE Sewer: SEWER - COMMERCIAL Consumption Sewer: SEWER - COMMERCIAL Stormwater: STORMWATER / NON-RESIDENTIAL Total Current Charges: Bill Summary Previous Balance: Payments Received: Adjustments: Current Charges: * Total Amount Due by: 12/1/2021 * This was the amount due at the time of billing. 007256-008 MONTICELLO EDA (213-46301) 112 RIVER ST W 10/1/2021 to 10/31/2021 (31 days) 11/4/2021 12/1/2021 Current Reading Date Reading Cons 11/1/2021 43891 3 $0.00 $0.00 $7.81 ($1.25) ($0.50) $0.81 $0.00 $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. i Auto payment is setup for this customer account, do not pay. (Y)Vendor Date of � 1 a-/ Transaction CITY OF MONTICELLO Ghost Card Transaction Please attach the Invoice/ receipt and any other available documentation to this form, To be completed by purchaser: Amount $ o Lis Y D) Circle purchaser name: Debbie Davidson ,Julie Cheney Ce Si ature Expense Code �(/I,"Y n 12-a. 443rf,U '$ 1S 02) a 13 . qk-OW I. L4+3 ,rici, o *& Ck, Monticello Chamber of Commerce and Industry 205 Pine Street PO Box 192 Monticello, MN 55362 (763) 295-2700 1 fax. (763) 295-2705 info@monticellocci.com Monticello Community Center Accounts Payable 505 Walnut Street Suite 4 Monticello, MN 55362 Description Chamber Lunch, Member jrtba Handorff) Invoice Invoice Date: 11/22/2021 Invoice Number: 7616 Account ID: Terms Due Date Net 15 12/7/2021 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: Tricia Handorff Sent: Tuesday, November 23, 2021 2:04 PM To: Julie Cheney Subject: RE: Invoice from Monticello Chamber of Commerce and Industry Yes thank you. Tricia Handorff Member Services Manager Monticello Community Center 763-271-7123 CITY • OF MonticeRo PARKS, ARTS & RECREATION Email correspondence to and from the City of Monticello government offices is subject to the Minnesota Data Practices Act and may be disclosed to third parties. From: Julie Cheney <Julie.Cheney@ci.monticello.mn.us> Sent: Tuesday, November 23, 2021 1:46 PM To: Tricia Handorff <Tricia.Handorff@ci.monticello.mn.us> Subject: FW: Invoice from Monticello Chamber of Commerce and Industry Hi Tricia Please see the attached invoice from the Chamber for the lunch you attended in November. Okay to pay $15? Thanks Julie From: Marcy Anderson <marcy@monticellocci.com> Sent: Monday, November 22, 2021 12:14 PM To: AP <AP ci.monticello.mn.us> Subject: invoice from Monticello Chamber of Commerce and Industry Dear Tricia: Your invoice for the November 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, 1 Julie Cheney From: Auto -Receipt <noreply@mail.authorize.net> Sent: Monday, November 29, 2021 3:32 PM To: AP Subject: Transaction Receipt from Monticello Chamber of Commerce & Industry for $15.00 (USD) Description: Payment for Invoice #7618 (Monticello Community Center) : Chamber Lunch, Member (Trivia Handorff) $15.00(Class: I Invoice Number 8506465 Billing Information Shipping Information Julie Cheney City of Montice}lo 505 Walnut Street Monticello, MN 55362 us ap@ci.monticelio.mn.us Total: $15.00 (USD) Date/Time: Transaction lD: Payment Method: Transaction Type: Auth Code: 29-Nov-2021 13:32:02 PST 63390398962 Visa xxxx8769 Purchase 062454 Monticello Chamber of Commerce & Industry Monticello, MN 55362 us marcy@monticellocci.com 0 Julie Cheney From: info@monticelIocci.com Sent: Monday, November 29, 2021 3:32 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: City of Monticello Transaction Number: 63390398962 Last 4 of Acct Number: 8769 Amount: $15.00 Description Item(s) Quantity Total Amount Payment for Invoice #7618 (Monticello Chamber Lunch, Member (Tricia Hardorff) 1 $15.00 Community Center) $15.00(Ciass: } 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.monticellDCCi.COM Monticello Chamber of Commerce and Industry 205 Pine Street PO Box 192 Monticello, MN 55362 (763) 295-2700 1 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: 11/22/2021 Invoice Number: 7617 Account ID: Terms Due Date Net 15 1217l2021 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: Tuesday, November 23, 2021 2:27 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: Tuesday, November 23, 2021 1:46 PM To: Jim Thares<Jim.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 lunch you attended in November. Okay to pay $15.00? Thanks Julie From: Marcy Anderson <marcy@monticellocci.com> Sent: Monday, November 22, 2021 12:14 PM To: AP <AP@ci.monticello.mn.us> Subject: Invoice from Monticello Chamber of Commerce and Industry Dear Jim Your invoice for the November 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 This email was sent on behalf of Monticello Chamber of Commerce and Industry 205 Pine Street Monticello.. MN 55362.To unsubscribe click here If you have questions or comments concerning this email or services in general, please contact us by email at info manticellocci.com 1 Julie Cheney From: Auto -Receipt <noreply@maii.authorize.net> Sent: Monday, November 29, 2021 3:34 PM To: AP Subject: Transaction Receipt from Monticello Chamber of Commerce & Industry for $15.00 (USD) Description: Payment for Invoice 47617 (Monticello City of)Chamber Lunch Member (Jim Thares) $15.00(Class: } Invoice Number 85064,92 Billing Information Shipping Information Julie Cheney Monticello City of 505 Walnut Street Suite 1 Monticello, MN 5S362 us ap@ci.monticello.mn us 763-271-3205 r, Date/Time: 29-Nov-2021 13:33:56 PST Transaction ID: 63390405270 Payment Method: Visa XXXX8769 Transaction Type: Purchase Auth Code: 088213 Monticello Chamber of Commerce & Industry Monticello, MN 55362 us marcy@monticellocci.com Total: $15.00 (USED) 1 Julie Cheney From: info@monticeIIocci.ccm Sent: Monday, November 29, 2021 3:34 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: 63390405270 Last 4 of Acct Number: 8769 Amount: $15.00 Total Description Item(s) Quantity Amount Payment for Invoice #7617 (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@monticel locci.com http://www.monticellocci.com i Accounts Payable CITY F Y Transactions b Account 1b User: Debbie.Davidson onti effo Printed: 01/03/2022 - 2:34PM Batch: 00215.12.2021 Account Number Vendor Description GL Date Check No Amount PO No 213-46301-438100 XCEL ENERGY 51-13295413-8 - 103 Pine St 12/31/2021 0 41.86 Vendor Subtotal for Dept:46301 41.86 Subtotal for Fund: 213 41.86 Report Total: 41.86 AP -Transactions by Account (O1/03/2022 - 2:34 PM) Page I NORTHERN STATES POWER COMPANY Page 1 of 6 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 CITY MONTICELLO ECONOMIC DEV AUTH WALNUT ST STE 1MONTICELLO MN 55362-8831 51-0013295413-8 STATEMENT NUMBER STATEMENT DATE0755431513 ;12/107/2021505 11/08/202104.18 ACCOUNT BALANCE (Balance de su cuenta) Previous Balance As of 10/03 $111.06 Payment Received Auto Pay 11/04 -$111.06 CR Balance Forward $0.00 Current Charges $104.18 Amount Due (CanSdad a pagar) $104.18 PREMISES NUMBER PREMISES IDENTIFIER PREMISES DESCRIPTOR CURRENT BILL 302923602 103 PINE ST EDA $41.86 303409149 112 W RIVER ST PW Split $62.32 Total $104.18 INFORMATION ABOUT YOUR BILL Thank you for your payment. 0 Xcel Fnsrgyo RETURN BOTTOM PORTION WITH YOUR PAYMENT • PLEASE DO NOT USE STAPLES, TAPE OR PAPER CLIPS ACCOUNT NUMBER I DUE DATE 51-0013295413-8 12/07/2021 $104.18 Your bill is paid through a n automated bank payment plan. ------ manifest line-------- I"I�III"�'I'�'�I'Illllll�ll�l'Il��lll�l��ll�lll'I�I'I�IIII'I��' CITY MONTICELLO ECONOMIC DEV AUTH 505 WALNUT ST STE 1 MONTICELLO MN 55362-8831 Automated Bank Payment 1 2 3 4 5 6 n 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 I..I�III"�'I'�'�I'IIIIIII�II�I'III'lll�l��ll�lll�l�l'I�IIII'I��' XCEL ENERGY P.O. BOX 9477 MPLS MN 55484-9477 r• rr 32 51120721 00132954138 0000001041800000010418 7 Xcel Energy MAILING ADDRESS ACCOUNT NUMBER I I CITY MONTICELLO ECONOMIC DEV AUTH 505 WALNUT ST STE 1 MONTICELLO INN 55362-0831 51-0013295413-8 12/07/2021 STATEMENT NUMBER STATEMENT DATE I + 755431513 11/08/2021 $104.18 SERVICE ADDRESS: 103 PINE ST MONTICELLO, MN 55M-8564 NEXT READ DATE: 121OB121 ELECTRICITY SERVICE DETAILS PREMISES NUMBER: 302923602 INVOICE NUMBER: 0933073203 READINGMETER I I METER 3632365 - Multiplier x 40 flead Dates: 10/03/21-11/01/21 129 Days) DESCRIPTION CURRENT READING PREVIOUS READING MEASURED USAGE BILLED USAGE Total Energy 21428 Actual 21425 Actual 3 120 kWh Demand Actual DA kW Billable Demand 0 kW ELECTRICITY CHARGES RATE: Srn Gen Svc (Metered) DESCRIPTION USAGE UNITS RATE CHARGE Basic Service Chg $10.00 Energy Charge Winter 120 kWh $0.077570 $9.31 Fuel Cost Charge 120 kWh $0.031583 $3.79 Sales True Up 120 kWh $0.008510 $1.02 Affordability Chrg $1.27 Resource Adjustment $1.93 Subtotal $27.32 City Fees $5.50 Total =42 OTHER RECURRING CHARGES DETAILS INVOICE NUMBER: 933073181 ADDRESS: 103 PINE ST MONTICELLO, MN 55362.8564 UNIT DESCRIPTION USAGE UNITS CHARGE OTY CHARGE Install Number 157123 10/03/21 to 10/31 /21 100 WATT HPS AREA CO OWN Auto Protective Lgt 43 kWh $7.41 1 $7.41 ■ 4A GET DOUBLE REBATE AMOUNTS ON LINEAR TUBES! GET 25% BONUS REBATES ON SCREW -IN LAMPS! • If you've been thinking about upgrading the lighting in your business to energy -saving LEDs, we've got great news for you. For a limited time, on purchases made from September 1, 2021, through December 31, 2G21, Xcel Energy's Minnesota commercial electric customers can earn bonus rebate dollars on LED linear tubes and screw -in lamps. Don't miss your chance to earn more cash back. • Visit xcelenergy,comlLightingEfficiency for details and finks to rebate forms. • Contact your account manager or an energy advisor at 855-839-8862 or EnergyEfficiency-'—&xcelenergy.coni with any questions. F-uc3 nl$ 7 Xcel Energym MAILING ADDRESS ACCOUNT NUMBER Y CITY MONTICELLU ECONOMIC 0EV AUTH WALNUT ST STE I MONTICELLO MN 55362-8831 51-0013295413-8 /07/20505 STATEMENTNUMBER STATEMENTDATE755431513 ;$104.18; 11/08/2021 OTHER RECURRING CHARGES DETAILS INVOICE NUMBER. 923073181 ADDRESS: 163 PINE ST MONTICELLO, MN 55367-8564 DESCRIPTION USAGE UNITS CHARGE OTY CHARGE Fuel Cast Charge $1.05 Resource Adjustment W58 Total $9.04 Premises Total $41.86 DAILY AVERAGES Last Year Temperature 40` F Electricity kWh 4.0 Electricity Cost $1.10 INFORMATION ABOUT YOUR BILL For an average non -demand customer, 58% of your hill refers to power plant costs, 15% to high voltage line costs, and 17%to the cost of local wires connected to your business. Far an average demand -billed customer, 78% of your total hill refers to power plant costs,14% to high voltage lines, and 8% to the cost of local wires connected to your business, ENERGY AT AN AFFORDABLE COST. We're investing in clean energy. While providing the same safe, reliable energy that you've always known at an affordable cost. pyPI ni$ Xcel Energy DAILY AVERAGES Last Year Temperature 40° F Electricity kWh 4.2 Electricity Cult $2.79 MAILING ADDRESS ACCOUNT NUMBER 1 CITY MONTICELLO ECONOMIC OEV AUTH 51-0013295413-8 22/07/202 . 505 WALNUT ST STE I MONTICELLO MN 55362-8831 STATEMENT NUMBER STATEMENT DATE � � 755431513 11/08/2021 $104.18 SERVICE ADDRESS: 112 W RIVER ST MONTICELLO, MN 55362-8766 NEXT READ DATE: 12/06/21 ELECTRICITY SERVICE DETAILS PREMISES NUMBER: 303409149 INVOICE NUMBER: 0933087653 READINGMETER r METER 15062250 Read Dates- 10/03/21 -11 /01 �21 l29 Daysl DESCRIPTION CURRENT READING PREVIOUS READING USAGE Total Energy 69341 Actual 69329 Actual 12 kWh Demand Actual 0.93 kW Billable Demand 0 kW ELECTRICITY CHARGES RATE: General Service DESCRIPTION USAGE UNITS RATE CHARGE Basic Service Chg $25.84 Energy Charge 12 kWh $0,034070 $0.41 Fuel Cost Charge 12 kWh $0,030633 $0.37 Sales True Up 12 kWh $0.008780 $0.11 Energy Chg Crd 12 kWh - $0.015180 - $0.18 CR Demand Charge Winter 0 kW $10.490000 $0.00 Affordability Chrg $3.60 8esource Adjustment $1.37 Subtotal $31.32 City Fees $31,00 Total 1 $62.32 Premises Total $62.32 11►l;OINA-11till .I1i1irm [r11R1:T1E For an average non -demand customer, 68% of your hill 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 -Milled customer, 78% of you rtotal bill refers to power plant costs, 14%to high voltage lines, and 8%to the cost of local wires connected to your business. ENERGY AT AN AFFORDABLE COST. We're investing in clean energy. While providing the same safe, reliable energy that you've always known at an affordable cost. a C &) Xcel Energy° r� r� 0 DO NOT MISS THESE REBATE OPPORTUNITIES FOR YOUR BUSINESS Every business rnust focus on lowering energy costs while keeping your equipmentworking property. XceI l=nergyrs HVAC- R program offers rebates for a variety of heating equipment, motors and drives, cooling, and refrigeration equipment. But like the milk in your fridge, your invokes have an expiration data, depending on when you purchased your energy efficiency equipment. jo most cases you have 24 rr oaths front date of purchase to take advantage of our rebates. But make sure to contact your account manager M or one of our energy advisors at 855-839-6862 to determine the expiration o date of your invoice(s1. KGolnrwHgy �:o:n 1 0 2W t KCVI Frargy Inc I XUI F. rgrgy .y ri rogiommd lrpdgmArk 0 )(tul Frla^gy Inc. 1 11,214N I It M EDA Agenda: 1/04/22 4c. Consideration of 2022 Wright County Economic Development Partnership (WCEDP) Membership and approving Annual Dues in the amount of $2,606 (JT) A. REFERENCE AND BACKGROUND: The EDA is asked to consider approving 2022 membership in the Wright County Economic Development Partnership (WCEDP) and further authorizing the annual dues payment in the amount of $2,606. The dues are the same amount as in 2019, 2020 and 2021 respectively. The EDA has been a member of the WCEDP for many years. In collaborating with and supporting the WCEDP, it offers the potential to leverage additional funding for projects through the WCEDP Loan Program. The WCEDP also pays membership fees to organizations that allow the EDA-City to gain access to regional events held by MNCAR and CMMA (Central MN Mfgs. Association). Collaboration on economic development efforts is a key strategy noted in the Draft Monticello 2040 + Comprehensive Plan in achieving local progress. It should be pointed out that the WCEDP has now taken the lead role in a County -wide workforce development program, leading and collaborating with the local school district, businesses, the MN Workforce Center, technical schools and others on job training awareness building efforts. In 2021 the WCEDP also launched a County -wide Business Retention and Expansion (BRE) program effort. In this role, WCEDP staff collaborated with City staff in conducting BRE visits in the City of Monticello through the early summer and fall of 2022. Al. Staff Impact: There is minimal staff time involved in preparing the staff report for consideration of the 2022 annual WCEDP membership dues. A2. Budget Impact: Funds for the 2022 membership dues to the WCEDP amount to $2,606. These projected expenses were budgeted in the 2022 "Dues, Membership and Subscriptions" budget line, approved by the EDA in August 2021. B. ALTERNATIVE ACTIONS: 1. Motion to approve 2022 membership in WCEDP and the annual dues in the amount of $2,606. 2. Motion to table approval of 2022 membership in WCEDP and the annual dues in the amount of $2,606 for further research and/or discussion. C. STAFF RECOMMENDATION: Staff recommends approval of Alternative # 1 wherein the 2022 membership in the WCEDP and the annual dues in the amount of $2,606 are approved. The 2022 membership dues remain unchanged since 2019. By participating in the WCEDP, the EDA benefits through marketing and networking opportunities, BRE visitations, information sharing and collaborating in project funding, as well as workforce training efforts that are more effective on a larger geographic scale. D. SUPPORTING DATA: A. 2022 WCEDP Membership Dues Invoice B. Summary 2021 WCEDP Accomplishments Thank you for taking the time to discuss the initiatives, successes, and importance of the Wright County Economic Development Partnership. Thank you for your continued and increased support of economic development efforts for the benefit of Wright County, its communities and businesses. Our missions interconnect and we are proud to work together to enhance the vitality of our County. During the last year, the WCEDP has been involved in many initiatives to support the economic development needs of Wright County, and the communities and businesses of Wright County. • WCEDP processed 179 applications for $2.5 M to small businesses and non -profits and assisted 9 Townships with CARES Funds. • A new Executive Director has continued to the lead the Partnership with integrity and positivity as stewards of Wright County resources. • WCEDP has responded to many requests from businesses for information, demographic data, and sources of financial assistance. • The Partnership has been a guiding force in the creation of the CEO (Creating Entrepreneurial Opportunities) class which will begin its seventh year in September and run throughout the school year forjunior and senior high school students from 9-member school districts. • The Partnership is continually nurturing its relationship with the 11 Chambers of Commerce located throughout the County and hosted Chamber Summits with all of the Chambers and the MN Chamber of Commerce. • In 2021 the Partnership continued efforts by leading Workforce Pathway Initiative and creation and ongoing implementation of the Workforce Pathways Wheel to better understand the needs of the Wright County employers and their ongoing struggle to find, train and retain employees to allow them to grow their businesses. • We are the Fiscal Agent for the Central Minnesota Job Fair in Monticello each spring. • Our Marketing Program efforts have included website updates, social media campaigns, magazine articles, and radio spots along with our monthly newsletter which is sent to over 1100 contacts. • Began an outreach effort to re-establish relations with Community Colleges in the region including the St. Cloud Tech & Community College and RidgeWater Community College. • Participated in the Wright County EDA Advisory Committee and participate on the Wright County Economic Development Authority, as well as Waverly EDA, Clearwater EDA, Hanover EDA, Monticello IEDC, Maple Lake IEDC, St. Michael EDA. • Advocate for Wright County Dental Access and Wright County Childcare Retention. • Applied for and received grants from Initiative Foundation for Workforce Pathways and Childcare Retention. • Participated in 8 Business Retention and Expansion visits with largest employers in Wright County. • Participated in MAPCED, Central Mississippi River Regional Partnership, 7W Regional Broadband Committee, etc. • Created and hosted 3 Capacity Building Seminars that were free to Wright County businesses and focused on Energy Efficiency, Pedestrian Experience, and Small Business Financing. • Created and proposed programming for ARPA Funds in the areas of Regional Economic Development, Higher Education Opportunities, Workforce Training, Childcare Retention and Mental Health Initiatives. On behalf of the entire Partnership, a dedicated Board of Directors, and staff.• Thank you! We look forward to working together for the benefit of our County. INVOICE Wright County Economic Development Partnership 1405 3rd Ave NE Buffalo, MN 55313 763.496.5632 admin@wrightpartnership.org 2022 Partner Dues Please Note 2023 Dues Will Increase Which Will Reflect 2020 Census Numbers. Your Current Est. For 2023 Will Be $3401 ce_p Wrghr County Economic Development Partnership pol",xv fw OXOO-Oes Sold To Total Discount If you have any questions please contact Missy at 763.496.5632 Date: 12/3/2021 Jim Thares City of Monticello 505 Walnut Street Suite 1 Monticello, MN $2,606 Subtotal $2,606 Sales Tax Total $2,606 Thank you for your participation! EDA Agenda — 01/12/2022 5. Consideration of Authorizing Solicitation of Ouotes for Appraisal of Vacant Land through a Request for Proposal (RFP) (JT) A. REFERENCE AND BACKGROUND: The EDA is asked to authorize solicitation of quotes for vacant land appraisal services related to determining the market value of the 16.71-acre Country Club Manor, Outlot A. The recent submittal of the TIF Affordable Housing application from Headwaters Development wherein it proposes to develop the site with 60 twin home units and a 108- unit apartment building raises questions about the fair market value of the land. The EDA will need to determine the asking price for the sale and transfer of the property. A Wright County Beacon report is attached which shows the taxable value of the land at $386,100 or approximately $23,106 per acre. There are also outstanding unpaid assessments against the property in the amount of approximately $232,209. An appraisal of the site will provide a full analysis of the property in terms of the highest and best use (including review of the zoning and development ordinance) as well as review of comparable sales of similar property in the region. The appraisal will give the EDA confidence that is on solid footing regarding the market value and a sale price that can be presented to Headwaters Development and incorporated into the Development Contract documents. The pricing can also be considered relative to the TIF considerations. Headwaters Development is hoping to break ground on it first phase of housing in May or June of 2022. Their development schedule suggests that the EDA's receipt of a full appraisal report should be on or about February 18, 2022, to allow for timely EDA review and discussion prior to Development Contract consideration by the EDA expected in March by the EDA. Al. STAFF IMPACT: There is minimal staff impact in considering authorizing solicitation of quotes for a vacant land appraisal of the 16.71-acre Country Club Manor, Outlot A parcel. Staff and consultants have discussed the potential of needing to benchmark the land valuation in a supportable and defendable manner over the past few months though the time involved in those internal discussions is estimated to be less than two hours. The staff involved include the Community Development Department Staff and the EDA attorney. A2. BUDGET IMPACT: Expenses incurred through the entering into a Professional Services Contract for Vacant Land Appraisal Services fall under "Miscellaneous Professional Services" in the 2022 EDA Budget. A total amount of $31,700 was budgeted in this line item. B. ALTERNATIVE ACTIONS: 1. Motion to authorize solicitation of quotes for a vacant land appraisal of Country Club Manor, Outlot A (16.71 acres). 2. Motion to table consideration of authorizing solicitation of quotes for a vacant land appraisal of Country Club Manor, Outlot A (16.71 acres) for more research and/or discussion. C. STAFF RECOMMENDATION: Staff recommends the EDA authorize the solicitation of quotes for a vacant land appraisal of Country Club Manor, Outlot A (16.71). An appraisal will give the EDA confidence as it negotiates with Headwaters Development regarding the land sale price for the 16.71-acre parcel as justifiable and defendable. If the EDA approves the solicitation of quotes for the land appraisal services, the expectation is that the submittals will be presented for consideration at an upcoming EDA meeting. D. SUPPORTING DATA: A. Proposed RFP for Vacant Land Price B. Aerial Photo — Country Club Manor, Outlot A C. Wright County Property Beacon Report D. Headwaters Development Plans Request for Proposal (RFP) Vacant Land Appraisal Services January 12, 2022 The City of Monticello Economic Development Authority (EDA) is releasing the Request for Proposal (RFP) regarding appraisal services of vacant land. This service is to assist in determining the market value of the 16.71-acre Country Club Manor, Outlot A. The recent submittal of the TIF Affordable Housing application from Headwaters Development, wherein it proposes to develop the site with 60 twin home units and a 108-unit apartment building raises questions about the fair market value of the land. An appraisal of the site will provide a full analysis of the property in terms of the highest and best use (including review of the zoning and development ordinance) as well as review of comparable sales of similar property in the region. The appraisal will give the EDA confidence that is on solid footing regarding the market value and a sale price that can be presented to Headwaters Development and incorporated into the Development Contract documents. RFP responders should include all costs associated with staff time (including travel) and materials to perform the inspections and complete appropriate reports -studies. Responders should also include evidence of credentials to perform desired work components and a sample list of past similar inspection projects completed in Minnesota. Attached Exhibits A and B provide additional information about the Country Club Manor, Outlot A location, parcel information and ownership as well as City staff's best estimate as to gaining access to buildings to conduct inspections. The deadline for submittal of the RFP is Thursday January 20, 2022, at 12:00 p.m. RFP Questions about the RFP can be directed to Jim Thares, Economic Development Manager, phone # 763-271-3254 or email at jim.tharesCa�-ci.monticello.mn.us. RFP responses should be submitted via email to Jim.thares(o)_ci.monticello.mn.us. Country Club Manor, Outlot A Created by: City of Monticello 1/6/22, 3:29 PM Beacon - Wright County, MN - Report: 155033900010 BeaconIfJ Wright County, MN Summary Parcel ID 155033900010 Property Address Sec/Twp/Rng 10-121-025 Brief Tax Description Sect-10Twp-121 Range-025 COUNTRYCLUB MANOR OUTLOTA (Note: Not to be used on legal documents) Deeded Acres 0.00 Class 958-(NON-HSTD)MUNICIPAL PUB -OTHER District (1101) 1101 CITY OF MONTICELLO 882 H School District 0882 Creation Date 01/01/0001 Note: Class refers to Assessor's Classification Used For Property Tax Purposes Owner Primary Taxpayer City Of Monticello Eda Executive Director 505 Walnut St Ste 1 Monticello, MN 55362 GIS Acreage Parcel: 155033900010 Acres: 16.71 Acres USAB: 16.71 Acres WATE:0.00 Acres ROW: 0.00 Sq Ft: 728,012.60 Land Unit Seq Description Dim 1 Dim 2 Dim 3 Units UT Price Adj 1 Adj 2 Adj 3 Adj 4 1 RES B 0 0 0 14.710 AC 35,000.000 1.00 1.00 1.00 0.75 Total 14.710 Recent Sales In Area Sale date range: From: 01/06/2019 To: 01/06/2022 Sales by Neighborhood L50Lj Feet Sales by Distance Transfer History Grantor CITY OF MONTICELLO HRA Eff Rate Div % Value 26,249.966 1.000 386,137 386,137 Grantee Doc Date Transfer Date Doc Type Doc No Sale Price CITY OF MONTICELLO EDA 1/2/2008 2/21/2008 QCLDEED 1080161 $0 https://beacon.schneidercorp.com/Application.aspx?ApplD=187&LayerlD=2505&PageTypelD=4&PagelD=1310&KeyValue=155033900010# 1/2 1/6/22, 3:29 PM Taxation Beacon - Wright County, MN - Report: 155033900010 Estimated Market Value Excluded Value Homestead Exclusion = Taxable Market Value Net Taxes Due + Special Assessments = Total Taxes Due Change Taxation (Preliminary 2022 Taxes Payable) Estimated Market Value Excluded Value Homestead Exclusion = Taxable Market Value Net Taxes Due + Special Assessments = Total Taxes Due Change Taxes and Special Assessments Payable in 2022 are preliminary. Map 2021 Payable 2020 Payable 2019 Payable 2018 Payable $386,100 $257,400 $220,700 $198,600 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 0.00% 0.00% 0.00% 0.00% 2022 Proposed 2021 Payable $386,100 $386,100 $0 $0 $0 $0 $0 $0 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 0.00% 0.00 No data available for the following modules: Land GA/RP, Buildings, Extra Features, Sales, Valuation, Taxes Paid, Photos, Sketches The information provided on this site is intended for reference purposes only. The information is not suitable for legal, engineering, or Developed by surveying purposes. Wright County does not guarantee the accuracyof the information contained herein. Schneider User Privacy Pol icy 6 E O 5 PAT I A L GDPR Privacy Notice Last Data Upload: 1/6/2022, 7:32:19 AM Version 2.3.168 https://beacon.schneidercorp.com/Application.aspx?AppID=187&LayerlD=2505&PageTypelD=4&PagelD=1310&KeyValue=l55033900010# 2/2 Monticello Affordable Senior Community 168 Unit Senior Housing Monticello, MN Statement of Confidentiality & Disclaimer This is a confidential memorandum intended solely for your own limited use. You agree to treat confidentially the information contained in this memorandum (the "Information"). You agree that you will not knowingly use the Information in any way detrimental to Headwaters Development, LLC ("HWD") and all affiliates (collectively the "Sponsor") and that such Information will be kept confidential by you and agents or advisors retained by you; provided however, that any such Information may be disclosed to your directors, officers, employees, and representatives and to individuals acting in similar capacities on your behalf who need to know such Information (it being understood that such agents, advisors, directors, officers, employees and representatives shall be informed by you of the confidential nature of such Information and shall be directed by you to treat such Information confidentially). Although the Information has been prepared in good faith and is believed to be accurate, you understand that the Sponsor has not made any expressed or implied representations or warranties as to the accuracy or completeness of the Information. You agree that the Sponsor shall not have any liability to you or any of your representatives or agents resulting from the use of the Information. This confidential memorandum shall not be deemed an indication of the state of affairs of the Sponsor, nor constitute an indication that there has been any change in the business or affairs of the Property or the Sponsor since the date of preparation of this memorandum. For additional Information, please contact: Michael J. Hoagberg Headwaters Development President E: mhoagberg@headwatersdevelopment.com W: (612) 438-2727 C: (612) 723-3330 Brian T. McCaw Headwaters Development Chief Financial Officer E: bmccaw@headwatersdevelopment.com W: (612) 438-2831 C: (917) 587-7275 Project Summary Headwaters Development, LLC is proposing a 168 unit senior 55+ community on the approximately 16.5 acre site located at the corner of Golf Course Road and 7t" Street West. The project will consist of 100 unit multifamily building and 30 twin home villas (60 units) — single story living. The project projects at least 40% of all units will be considered affordable based on 60% AMI levels for Wright County. The project took into consideration in its design, unit mix and rental rates, the housing study completed by the City of Monticello in 2020. .r • F #- A,- i. A3 Application Addendum — Site Map with Boundaries Club C-- P—'I E:1 Site Boundary Application Addendum —Proposed Watershed PROPOSED LAND USE DATA WATERSHED IMPERVIOUS AREA{AL) PERVTOIIS AREA (AC) TOTAL AREA. (AC) P 1 2-951 2315 5.266 P-2 0.639 Dim 1.465 R3 1.874 1.852 3.726 P4 CLOM 1.713 1.71 P3 2.351 2.171 VZ / j 1 y' j\ 1 j P-4 / PROPOSED INFILTRATION BASIN SERVING P-3 AND OVERFLOW FROM P-2 BASIN PROPOSED INFILTRATIONS / BASINS SERVING P-1 \ \ - 4 PROPOSED WATERSHED EXHIBIT HEADWATERS DEVELOPMENT - MONTICELLO, MN PROPOSED INFILTRATION BASIN SERVING P-2 Application Addendum — General Description The project will be broken into two main projects (two separate lots); with the twin home site further divided into zero lot lines for each villa residential unit. All units are expected to be for rent, not for re -sale. Project 2 Project Size: $23.6 million Two Phase: 108 units total Type: Multi -family Parking: 75 on -grade; 100 covered Project 1 Project Size: $20.5 million Two Phase: 60 units total Type: single story villas Parking: 2-car garages Application Addendum — Expected Calendar The Developer plans to roll -out the build in multiple phase in order to stagger the overall construction of each unit type. Below is the rough proposed timeline for each of the Phases: Alternate Phasing: to delay start of one TIF District Application Addendum - MULTI FAM PROJECT• Project Pro Forma Total VILLAS PROJECT• SOURCES OF FUNDS First Mortgage 64.6% $ 15,250,000 TIF Capital 12.6% 2,979,740 Equity 22.8% 5,370,260 TOTAL SOURCES OF FUNDS 100.00% $ 23,600,000 USES OF FUNDS Land Costs Land Purchase (Contributed) $ 2.84 $ 370,260 Environmental - Assessment $ 0.02 2,000 Survey & Geotech $ 0.06 7,500 Site Appraisal $ 0.04 5,000 Total Land Costs $ 2.95 $ 384,760 Soft Costs Architecture $ 1.91 $ 250,000 City Fees- Planning & Zoning $ 5.68 741,980 Liability Insurance $ 0.11 15,000 Legal $ 0.15 20,000 Market Study $ 0.01 1,500 Pre -Open Working Capital (Incl Marketing) $ 1.53 200,000 Operating Deficit $ 1.53 200,000 Title & Recording $ 0.19 25,000 Title Company Draw Fees $ 0.04 5,000 Capital Interest $ 0.96 125,000 Soft Cost Contingency $ 0.19 25,000 Total Soft Costs $ 12.32 $ 1,608,480 Hard Costs Construction Amount - Multifamily $ 155.00 $ 20,237,265 Design Management $ 0.96 125,000 FF&E $ 2.26 294,495 Project Management $ 0.57 75,000 Total Hard Costs $ 158.79 $ 20,731,760 Total Financing Fees $ 6.70 $ 875,000 TOTAL USES OF FUNDS $ 180.76 1 $ 23,600,000 eadwaters Development, Total SOURCES OF FUNDS First Mortgage 68.9% $ 14,133,830 TIF Capital 8.3% 1,700,000 Equity 22.8% 4,666,170 TOTAL SOURCES OF FUNDS 100.00% $ 20,500,000 USES OF FUNDS Land Costs Land Purchase (Contributed) $ 21.36 $ 1,666,170 Environmental - Assessment $ 0.03 2,000 Survey & Geotech $ 0.10 7,500 Site Appraisal $ 0.06 5,000 Total Land Costs $ 21.55 $ 1,680,670 Soft Costs Architecture $ 0.96 $ 75,000 City Fees- Planning & Zoning $ 8.31 648,480 Liability Insurance $ 0.19 15,000 Legal $ 0.26 20,000 Market Study $ 0.02 1,500 Pre -Open Working Capital (Incl Marketing) $ 1.92 150,000 Operating Deficit $ 1.92 150,000 Title & Recording $ 0.32 25,000 Title Company Draw Fees $ 0.06 5,000 Capital Interest $ 0.83 65,000 Soft Cost Contingency $ 0.32 25,000 Total Soft Costs $ 15.13 $ 1,179,980 Hard Costs Construction Amount - Multifamily $ 211.91 $ 16,529,350 Design Fee $ 1.60 125,000 FF&E $ 0.38 30,000 Project Management $ 0.96 75,000 Total Hard Costs $ 214.86 $ 16,759,350 Total Financing Fees $ 11.28 $ 880,000 TOTAL USES OF FUNDS $ 262.82 1 $ 20,500,000 Application Addendum — Statements Comprehensive Guide Plan • The parcel is currently zoned R-3 - Medium Density Residence District. The purpose of this district is to provide a range of housing choices and affordability through varying housing densities, types and designs including accessory dwelling units. Headwaters' proposed development meets the intent and required overall standards of the R-3 Zoning District through its blended multi -family apartment and twin -home patio style development featuring a total of 168 units. Our plan is to work with City staff and pursue our development approval through the City's PUD (Planned Unit Development) ordinance to allow for nuances in density in the specific portions of the proposal. Use of Assistance • The project will utilize public assistance to support the construction and operations of the senior community. The assistance will further support the project's ability to offer a minimum of 40% of its units to seniors meeting affordability requirements. Without the assistance, the project is not viable and will not be able to secure sufficient private funding (bank construction loans). Public Benefits • First and foremost, this project will be a part of solving the cities need for affordable senior housing. By providing this option to the residents of Monticello and surrounding communities, it allows those seniors to stay in a community they have been a part of for a long time. They are able to move into a more manageable residence, their existing homes turnover to the younger generation and ultimately supports future growth for the city. This project also expects to create more than $35 million of incremental property value on a site that has been owned by the city for a long time and has had essentially no market value. This project will allow the city to capture the value of the land over time, which it has been unable to do over the past several years. Application Addendum — Development Team The developer represents one of the strongest senior housing teams in the country ■ The most important aspects of a senior housing development is ensuring the entire team has a deep understanding of the product and has substantial experience building and operating communities specifically designed for the senior population ■ The developer team has a long and successful track record of designing, developing and operating senior housing communities HEADWATERS DEVELOPMENT ' Development,` Construction and Operations experts D E LTA MODULAR JAYBIRD CONSTRUCTION SENIOR LIVING Headwaters Development Headwaters Development is a full service real estate development company dedicated exclusively to the senior housing segment Our partners have substantial senior housing experience, including senior housing real estate development and operations, and over $4 billion of portfolio debt and equity transactions Headwaters Development brings a depth of knowledge to the senior housing space unmatched by most generalist real estate developers in the market. It's our ability to seamlessly source project capital (both debt and equity), identify premiere locations for new project developments, execute construction management and provide operational oversight that sets us apart from our competition ■ Capital Markets: Ability to efficiently access both debt and equity providers to meet necessary capital requirements for each project ■ Market Feasibility: Analyzing markets to identify key supply and demand dynamics and demographics critical to locating the right market to initiate a new senior housing project ■ Construction Management: Coordination of development partners with a proven track record in senior housing. The development relationship plays a critical role in building the budget, creating the architectural design, obtaining appropriate permitting and licenses, and coordinating construction of the new community ■ Operations: Getting involved as early as possible to ensure the building design is optimal for the market being served and the expected level of acuity of the senior population. Coordinate community operations from fill -up through stabilization HEADWATE" -[JEVELOI'MENT- Award Winning Senior Living — Stonehaven • Voted best Senior Apartment in 2020 and 2021 • Developed by Headwaters Development, is a 97 unit senior living community offering the complete continuum of care, 78 independent living and assisted living units, 15 memory care units, and 4 rehabilitative care suites — Filled in 12 months ■ Amenities throughout the community, including a fitness center, beauty salon, library & game room, gourmet kitchen, club room, theater, arts & crafts room and a spiritual reflection room Award Winning Senior Living — Riley Crossing ■ Voted 2019 Business of the Year ■ Riley Crossing Senior Living is a Class A senior living community and Child Daycare center offering an Intergenerational experience that enhances the quality of life for both the seniors and the children ■ Developed by Headwaters Development, a 153 unit senior living community offering the complete continuum of care, 101 independent living and assisted living units, 28 memory care units, 8 rehabilitative care suites, and 16 twin homes — 45% pre -leased (Opened November 2019) — 100 student child daycare center ��1 El 2019 New Member f L,!­ of the Y. Award Riley Crossing Child & Senior Living southwest ►tne+rev CHAMBER OF COMMERCE Unmatched Quality — Willows Landing Senior Living • Developed by Headwaters Development, Willows Landing is a 93 unit senior living community offering the complete continuum of care, 78 independent living and assisted living units and 15 memory care units ■ Situated on the bluffs overlooking the beautiful Mississippi River valley. This community was specifically built to blend into the surrounding residential neighborhoods and the natural waterways of the Mississippi. ■ Amenities throughout the community, including a fitness center, beauty salon, library & game room, gourmet kitchen, club room, arts & crafts room and a spiritual reflection room ■ Opened December of 2020, nearly reached stabilization within the first year of operations a T Monticello Senior Community Senior Housing Development Specialist EDA Agenda — 01/12/2022 6. Consideration of Adopting Resolution #202201 Authorizing Submittal of a Redevelopment Grant Application to MN -DEED in the amount of $517,500 (JT) A. REFERENCE AND BACKGROUND: The EDA is asked to adopt Resolution #2022-01 authorizing submittal of a Redevelopment Grant Application to MN -DEED in the amount of $517,500 to be used to defray Block 52 redevelopment costs. The EDA attorney recommended that the applying entity in Monticello be the EDA versus the City (Counties, HRAs and Indian Tribes are also eligible to apply for the funding). The highly competitive Redevelopment Grant program is intended to help communities pay for costs in redevelopment projects that have clear economic benefits of revitalization of blighted areas while also creating new jobs, tax base. The program has two application cycles per year if there is sufficient funding available. Typically, the submittal dates are on February 1, and August 1 (or occasionally on September 1). A summary outline of the program, including eligible costs is attached. Eligible costs consist of: ✓ Public Acquisition ✓ Demolition ✓ Interior Environmental Abatement ✓ Public Infrastructure ✓ Environmental Infrastructure ✓ Geo-technical Soil Correction. Per the grant guidelines, the EDA can apply for a matching amount (dollar for dollar) of public costs that have been incurred by the Authority in the previous 12 months from the application date of (2-1-22). The EDA's costs over that period fall into the category of Public Land Acquisition through the purchase of 113 West Broadway in the amount of $528,000. The typical grant amount awarded to communities is between $400,000 to $500,000. If the EDA approves the Resolution, staff will continue to work with Deephaven Development, LLC to gather all pertinent application materials to incorporate into the Grant Application. Awards notices for the grants are generally provided to successful applicants within 45 to 60 days with contract paperwork following that. Al. STAFF IMPACT: In house staff from the Community Development Department have worked on the Redevelopment Grant reviewing the application guidelines. The estimate of time committed to the Redevelopment Grant Application submittal as of this date is 12 hours. If the EDA approves the submittal resolution, there will be an additional 55 to 60 hours of time spent on preparing and finalizing the grant application packet. A2. BUDGET IMPACT: There are minimal expenses incurred in considering the Redevelopment Grant Resolution to date. Since in-house staff are prepared to complete the entire application packet, costs should be minimal. The EDA attorney reviewed the MN -DEED resolution template and suggested that in-house staff modify it to fit the City's format without changing the wording. B. ALTERNATIVE ACTIONS: 1. Motion to adopt Resolution #2022-01 authorizing submittal of a Redevelopment Grant Application to MN -DEED in the amount of $517,500. 2. Motion to table consideration of adopting Resolution #2022-01 authorizing submittal of a Redevelopment Grant Application to MN -DEED in the amount of $517,500. C. STAFF RECOMMENDATION: Staff recommends the EDA adopt Resolution #2022-01 authorizing submittal of a Redevelopment Grant Application to MN -DEED in the amount of $517,500. The funding that is available through the Redevelopment Grant Program is specifically targeted to help cities complete redevelopment projects that include components like that in Block 52. If the EDA receives any award amount, it will help defray demolition and utility infrastructure on the Block 52 site. D. SUPPORTING DATA: A. Resolution #2022-01 B. Redevelopment Grant Program Outline (prepared by HS) C. MN -DEED Website Cover Page for Redevelopment Grant Program CITY OF MONTICELLO ECONOMIC DEVELOPMENT AUTHORITY RESOLUTION NO. 2022-01 RESOLUTION AUTHORIZING SUBMITTAL OF REDEVELOPMENT GRANT APPLICATION TO MN -DEED IN THE AMOUNT OF $517,500 WHEREAS, Deephaven Development LLC. act as the legal sponsor for project(s) contained in the Redevelopment Grant Program to be submitted on February 1, 2022, and that City of Monticello Economic Development Authority is hereby authorized to apply to the Department of Employment and Economic Development for funding of this project on behalf of Deephaven Development LLC. WHEREAS, Deephaven Development LLC. has the legal authority to apply for financial assistance, and the institutional, managerial, and financial capability to ensure adequate project administration. WHEREAS, the sources and amounts of the local match identified in the application ARE COMMITTED to the project identified. WHEREAS, if the project identified in the application fails to substantially provide the public benefits listed in the application within five years from the date of the grant award, Deephaven Development LLC. may be required to repay 100 percent of the awarded grant per Minn. Stat. § 1161575 Subd. 4; WHEREAS, Deephaven Development LLC. has not violated any Federal, State or local laws pertaining to fraud, bribery, graft, kickbacks, collusion, conflict of interest or other unlawful or corrupt practice. WHEREAS, upon approval of its application by the state, Deephaven Development LLC. may enter into an agreement with the State of Minnesota for the above referenced project(s), and that Deephaven Development LLC. certifies that it will comply with all applicable laws and regulation as stated in all contract agreements. NOW, THEREFORE BE IT RESOLVED that the City of Monticello Economic Development Authority is hereby authorized to execute such agreements as are necessary to implement the project(s) on behalf of the applicant. I CERTIFY THAT the above resolution was adopted by the City of Monticello Economic Development Authority of Deephaven Development LLC. on January 12, 2022. Steve Johnson, EDA President Attest: Jim Thares, Executive Director Information on MN DEED Redevelopment Grant Application prepared by Hayden Stensgard Deadlines for submitting application FEBRUARY 1 and AUGUST 1, both at 4:00 P.M. 3 complete sets of application documents required, 2 paper copies and 1 on flash drive. Emailed applications will not be accepted. This includes the fully signed required resolutions. Application should be in a binder with attachments clearly marked and tabbed. Eligible Costs • Public Acquisition • Demolition costs (as defined by MN Statute) • Interior Environmental Abatement • Public Infrastructure Improvements • Environmental Infrastructure • Geotechnical Soil Correction Ineligible Costs • Construction • Building Rehabilitation • Environmental Remediation • Administration • Streetscaping/Landscaping • Soft Costs (performance bonds, insurance, etc.) • Contingencies It is required that the applicant pay for at least 50% of the eligible redevelopment costs as a local match to obtain redevelopment grant. Costs incurred before the grant agreement is fully executed are not eligible for reimbursement. However, Eligible redevelopment costs incurred up to 12 months prior to the application due date may be included as a local match but cannot be reimbursed. Prior costs should be identified in the Cost Analysis Budget section of the application. Completed and Approved resolution authorizing the application and committing the local match from the applicant. PRIOR TO SUBMITTAL OF APP Current (as -is) and Projected (pre -construction) assessed values as determined by local assessor. In lieu of the assessed value, appraisals done by an independent appraiser using accepted appraisal methodology, may be submitted. A current market value must be provided even for tax exempt properties without an assessed value. Values cannot be determined in any other manner. The value of the property after the proposed development is completed is also required. This estimate is generally based on similar development projects in the city. • Acreage, PID's, Legal Description of whole site, legislative district • Current property owners • When the property was purchased and for what amount • From whom was the property purchased • Who will develop the site • Will the developer/affiliate own the property at any time • When will the property be purchased and for how much • Who will own the site development • When will the property be purchased and for what amount • Define the relationship between the developer and the current or future owner(s) • Site Valuation, current appraised or assessed value of the site • Projected appraised or assessed value of the site after redevelopment but before development • Projected value after proposed development is completed • Accurate and legible site and location map indicating the site showing location of prominent and relevant site features such as buildings, retaining walls, etc. (Maps shall include property boundaries, a north arrow and bar scale) Map should also show the current condition of the site including labeled structures and specifically where and what for the DEED money will apply. • Current and historic photographs • Timeline and History of the site. This included, but not limited to, a description of the former and current uses of the site, as well as an explanation of what has occurred on the site, leading to its current dilapidated condition • Current and Future zoning/land use designations • Number of current buildings on site, how may are occupied and if vacant, how long • Year buildings were constructed • Description of current buildings on site • Description of plans for existing buildings as redevelopment occurs • Detailed narrative of the proposed new development plan for the site. Include information such as the number and size of buildings, any known future tenants, etc. • Total redevelopment costs • DEED request amount, and specific activities for which DEED funds are being requested • Filled out budget table (page 5 of application) • TIF information (section 3 on page 6 and 7 of app) • Description of how redevelopment of site would spur future adjacent development as well as reduce crime in area. Attached to app will be the most recent data on crime in the area • Description of relative adequacy of the infrastructure at the site • If the site has been found or suspected to be contaminated, documentation will be necessary of, Phase I ESA, Phase II ESA, Response Action Plan, MPCA RAP Approval, and a Hazardous Material Survey — What are the anticipated remediation costs. • Current property taxes (as determined by the county or City Assessor) • Projected property taxes after final development • Project the number of full time equivalent (FTE) jobs created and retained after redevelopment and final • If site will be redeveloped for residential use, provide the following data o Rentals: Total number of units, monthly rental cost per unit, number of affordable units, level of affordability, construction cost per unit. o Owner occupied: total number of units, purchase price per unit, number of affordable units/homes, level of affordability, construction cost per unit. • Is there a positive environmental impact associated with the project? • Does this project advance or promote the growth of the green economy as defined in MN Satute • Local transit schedule and highlight the lines that serve the project site or nearby area • If there is a developer, complete the following and attach a letter of commitment o Developer name o Contact person o Title o Phone Number/Email • If there is an end -user or third party, such as a business tenant, complete the following and attach a letter of commitment o Third party/company name o Contact person o Title o Phone number/email • Project schedule (on Application), and factors that would change or delay this schedule • Most Grant payments take place through electronic funds transfer. To ensure proper payment, a Vendor Number assigned by Minnesota management and Budget is required. o Financial Contact Person o Phone o Email o State of Minnesota Vendor Number 1/6/22, 2:31 PM Redevelopment Grant Program / Minnesota Department of Employment and Economic Development EMPLOYMENT AND ECONOMIC DEVELOPMENT Redevelopment Grant Program The Redevelopment Grant Program helps communities with the costs of redeveloping blighted industrial, residential, or commercial sites and putting land back into productive use. Overview Grants pay up to half of the redevelopment costs for a qualifying site, with a 50-percent local match. Eligible applicants are cities, counties, port authorities, housing and redevelopment authorities, and economic development authorities. Grants can assist with the cost of public land acquisition (if public ownership is necessary to facilitate redevelopment), building and site demolition, infrastructure improvements, soil stabilization, ponding or other environmental infrastructure, and costs necessary for the adaptive reuse of buildings, such as asbestos abatement and lead paint mitigation. Grants do no provide assistance for building construction, renovation, or rehabilitation. At least half of the grant funds available will be awarded to sites located outside of the seven -county Twin Cities metropolitan area, given that a sufficient number of eligible applications are received from outstate applicants. View more information about the Redevelopment Grant Program (/deed/assets/redevelopment-grant- progra m tcm 1045-321435. pdf ). Priority Priority is given to projects with one or more of the following characteristics: • Contamination remediation needs in conjunction with a redevelopment project • Project meets current tax increment financing requirements for a redevelopment district and tax increments will contribute to the project • Redevelopment potential within the municipality • Proximity to public transit if located in the metropolitan area • Multi -jurisdictional projects that take into account the need for affordable housing, transportation, and environmental impact • Advances or promotes the Green Economy https://mn.gov/deed/government/financial-assistance/cleanup/redevelopmentgrantprogram.jsp 1/2 1/6/22, 2:31 PM Redevelopment Grant Program / Minnesota Department of Employment and Economic Development Application Information Redevelopment Grant Application form (/deed/assets/redevelopment-app tcm1045-244023.docx), - due August 1 and February 1. Grantee Annual Report Forms 0 Redevelopment Grant Annual Progress Report form (/deed/assets/redev-annual-rpt-form tcm1045- 132536.docx) Funded Projects Select the link below to view, download or print a list of projects funded through the Redevelopment Grant Program. o Currently Funded Redevelopment Grant Projects (/deed/assets/funded-projects-redevelopment tcm1045- 458042.xlsx) For More Information Contact Kristin Lukes at 651-259-7451 or 800-657-3858 or email kristin.lukes@state.mn.us (ma iIto: kristin.lukes@state.mn.us). https://mn.gov/deed/government/financial-assistance/cleanup/redevelopmentgrantprogram.jsp 2/2 EDA Agenda: 01/12/22 7. Consideration of 2022 WSB Economic Development Assistance Services Contract Proposal in the Amount of $10,800 (JT) A. REFERENCE AND BACKGROUND: This item is presented to the EDA for consideration of a 2022 Economic Development Assistance Services proposal with WSB. The 2022 contract includes proposed work activities that very similar to the 2022 assistance contract. The proposed monthly fee is $900.00 per month or a total of $10,800 for the year. This is an increase of six percent. The 2022 contract proposal includes several core measurable services that are shown below: 1. Market Engagement Activities 2. Site Design and Illustrations (4 preliminary design sketch illustrations are provided as part of the monthly fee; no extra cost) 3. Financial Packaging and Site Selection Work Components 4. EDA Interaction and Engagement Components; 2 strategy engagement sessions in the context of EDA meetings (workshop or regular meetings offered as part of the monthly fee; no extra cost) Staff believe the bullet pointed assistance components are worthwhile in continuing to work with WSB in a retainer contract format. It is worth noting that the Site Design - Illustration component, includes four free Site Design Illustration packets and may be worth an estimated $6,500 +/-. Also, the EDA Interaction and Engagement components may have a value of $3,800. If the EDA decides to enter into the contract with WSB, staff recommends the contract start date be January 1, 2022, and end on December 31, 2022. If approved, WSB will provide quarterly updates to the EDA in 2022. Al. Staff Impact: The Economic Development Manager devoted 2 hours discussing and reviewing the proposed 2022 WSB Contract proposal with both the Community Development Director and Jim Gromberg, WSB's Economic Development Coordinator. A2. Budget Impact: The total amount budgeted for Economic Development Assistance Services in 2022 is $10,800. The funds for the 2022 WSB Economic Development Assistance Services Proposal are now budgeted in the Miscellaneous Professional Services category versus the Marketing line item. The 2021 EDA budget which was approved at the August 2021 meeting contained in a dedicated Miscellaneous Professional Services line item in the amount of $10,600. B. ALTERNATIVE ACTIONS: 1. Motion to approve the proposed 2022 WSB Economic Development Assistance Services Contract in the amount of $10,800. 2. Motion to table consideration of 2022 WSB Economic Development Assistance Services Contract for further research and/or discussion. C. STAFF RECOMMENDATION: Staff recommends approval of Alternative #1 wherein the EDA approves the proposed 2022 WSB Economic Development Assistance Services Contract. It should be noted that the Site Design Illustration work component as well as the EDA Interaction and Engagement activities have value that may exceed the contract cost. These could be invoiced at much higher amounts if they were to be serviced through an individual project arrangement. Mr. Gromberg's expertise in State level assistance programs and connections to MN - DEED leadership as well as metro area economic development groups such as Greater MSP and federal agency staff (US-EDA) provides significant value to the EDA. WSB has been able to provide insights into realistic financial packaging efforts as we worked with several prospects over the past 12 months. The ability to call on WSB to carry out various work components allows for more effective use of in-house time and allocation of resources in on current projects and in communications with prospects. Mr. Gromberg will attend the meeting to answer questions about the proposed 2022 Contract and/or services provided in the past year. A copy of the proposed 2022 Contract is attached to this report as Exhibit A. D. SUPPORTING DATA: A. 2022 Proposed WSB & Associates Economic Development Services Contract w/ Scope of Work B. Adopted 2022 EDA General Fund Budget (8-11-21 EDA Mtg.) wsb" January 3, 2022 Jim Thares Economic Development Manager City of Monticello 505 Walnut Avenue, Suite 1 Monticello, MN 56069 Re: Economic Development Services for the City of Monticello Dear Mr. Thares: Thank you for providing WSB the opportunity to submit this proposal to provide Economic o Development Services for the City of Monticello. The community has made significant progress in cD working towards their goals and project identification over the last year. Z m Based upon our discussions for the focus of the economic development services for 2022 we � have developed the following summary of the proposed Scope of Services for ongoing support. 0 0 a PROPOSED SCOPE OF SERVICES a M Task 1: Market Engagement: 1.1 Active networking with potential market entrants (on -going). The exact meetings attended would be determined by the Economic Development Manager and the WSB staff some of the possible groups would be: Z • EDAM 2 • GSDC cli • GREATERMSP ° Minnesota Marketing Partnership a • a W Wright County Economic Development Partnership Z Z Other Organizations on an as needed basis. Task 2: Marketing Plan Implementation: 0 0 co W 2.1 Assist City Staff, EDA and City in implementing the adopted marketing plan. o Aid City staff as needed in developing and/or implementing web or illustrative marketing materials. Cn W Task 3: Financial Packaging and Site Selection Technical Assistance Z > 3.1 Economic Development Opportunities - WSB will identify and assist in identifying a potential economic development opportunities: including the following: a Z o Land acquisition. X o Financial incentive opportunities. o Preliminary proposal development. o Assist in closing. o Act as a conduit for information and resource for prospect and City staff. Jim Thares January 3, 2022 Page 2 o WSB will assist in providing development related information to all qualified leads. o Assistance with financial package preparation in consultation with City staff, policy makers, and financial consultant. o Attendance at pre -design meetings associated with leads. Task 4: Preliminary Site Designs: 4.1 WSB will also assist the City staff in the development of up to 4 preliminary site plan designs for projects that are requested by the City. o The preliminary site plan designs will be completed by the Landscape Architecture staff. o Complete or signed drawings would be billed separately on a project basis and not included in the retainer fees. Task 5: EDA Interaction: 5.1 WSB will lead a strategy session at 2 EDA meetings focusing on economic development strategy for the City. The sessions will be completed within the structure of the EDA meeting. The resulting strategies will be incorporated into the future work plan for the EDA and economic development staff. FEE FOR SERVICES As outlined in the above Scope of Services, the City has the option to retain WSB for 12 months at the fee of $900 per month, starting January 1, 2022. Travel expenses incurred by WSB within Minnesota as part of the Scope Services offering are included in the monthly fee. Travel expenses incurred by WSB for travel outside of Minnesota shall be paid for according to a negotiated price. Additionally, fees for services outside of the above described scope may be required from time to time shall be completed at an additional hourly rate. If you agree with the proposed project Scope of Services and Fee, please sign below and return one copy to our office. If you have any questions or comments regarding the above information, please contact me at (763) 762-2846. Sincerely, WSB & Associates Approval Signature By: Jim Gromberg Title: Economic Development Coordinator Date: Cl) w H Q Z W IL x W .r 4) L7f m N N O N "D 40 G. 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Consideration of Block 52 TIF Blight -Substandard Inspection Services Ouote and Authorization to Enter into Professional Services Contract with LHB, Inc. in the amount of $16,400 (JT) A. REFERENCE & BACKGROUND The EDA is asked to consider approving a professional services contract with LHB, Inc. to complete Blight -Substandard Inspections on Block 52. Per Minnesota Tax Increment Financing (TIF) Statutes, blight -substandard conditions must be documented as being prevalent in the desired geographic target redevelopment area. The blighted conditions then serve as justification to use TIF as a public financial assistance tool. Now that the EDA owns a contiguous portion of Block 52 comprising 83 percent of the land area, staff believe the next pre-TIF step is to conduct blight findings inspections. This will determine if a Redevelopment TIF District can be established as a financing tool to facilitate the redevelopment process. LHB, Inc. is known to specialize in the blight documentation studies and was asked to submit a quote for the blight inspection services. The quote they submitted contains a scope of work including six distinct steps (page 3) which includes site survey work, building inspections, and final report preparation regarding the blight - substandard findings of 13 parcels and 6 buildings owned by the EDA and City. The LHB proposal submittal also provides a sufficient list of similar work completed in other cities throughout the region. B. ALTERNATIVE ACTIONS 1. Motion to accept the quote for Block 52 TIF Blight Inspection Services from LHB Engineering and authorize entering into a Professional Services Contract with LHB Engineering in the amount of $16,300 for Blight Inspection Services. 2. Motion to table consideration of the TIF Blight Inspection Services Quote from LHB Engineering for additional research and/or discussion. C. STAFF RECONEMENDATION Staff recommends Alternative 1. The completion of blight -substandard inspections documenting the conditions in Block 52 is a required step that is used as the basis for establishing a redevelopment TIF District. The work that is documented through the blight inspection report will be referenced in the TIF Plan documents at the time TIF Redevelopment District is established. D. SUPPORTING DATA A. LHB Engineering Quote for Blight -Substandard Inspection Services B. RFP — Blight Substandard Inspection C. Aerial Photo — Block 52 (Redevelopment Target Area) PERFORMANCE DRIVEN DESIGN. LHBcorp.com January 4, 2022 Jim Thares Economic Development Manager City of Monticello 505 Walnut Street, Suite 1 Monticello, MN 55362 MONTICELLO BLOCK 52 TIF ANALYSIS Dear Jim, Thank you for the opportunity to submit a proposal for the Block 52 TIF analysis in Monticello, Minnesota. LHB is a full -service architecture, planning and engineering firm with 260 employees in our Minneapolis, Duluth, Cambridge, and Superior, Wisconsin offices. Our Government studio has extensive experience working with local governments on their planning, design, architectural and engineering needs. Having been personally involved on various city councils and planning commissions, I understand how cities function and the importance of maintaining the support of your appointed and elected officials and community throughout the process. PREVIOUS EXPERIENCE LHB has significant experience with a variety of inspection and facility assessment projects, including the analysis of over 330 TIF Districts. Examples include: • City of Columbia Heights TIF inspection services • City of St. Paul TIF inspection services • City of St. Anthony Village, NW Quadrant TIF inspection services • City of St. Louis Park TIF District inspection services • City of Mound TIF District "1-2" inspection services • City of Osseo TIF inspection services • City of New Richmond, WI TIF inspection services • Minnesota State Colleges and Universities system facility assessments • State of Minnesota Facility Assessments • Property Condition Assessments for the St. Paul Department of Planning and Economic Development (Franklin/Emerald Neighborhood) • Condition surveys for every DNR facility in the State of Minnesota, 2014 21 West Superior Street, Suite 500 1 Duluth, MN 55802 1 218.727.8446 701 Washington Avenue North, Suite 200 1 Minneapolis, MN 55401 1 612,33&2029 200 Third Avenue Northeast, Suite 100 1 Cambridge, MN 55008 1 763.689.4042 63 East Second Street, Suite 150 1 Superior, WI 54880 1 715,392.2902 Page: 2 Monticello Block 52 TIF Analysis — January 4, 2022 TEAM CREDENTIALS Michael A. Fischer, AIA, LEEDAP- Project PrincipalITIFAnalyst With over 34-years of experience serving as a Project Principal, Project Manager, Project Designer and Project Architect on planning urban design, educational, commercial, and governmental projects, he has become an expert on Tax Increment Finance District (TIF) analysis assisting over 100 cities with strategic planning for TIF Districts. Michael is an LHB Principal and Leader of the Integrative Design Team and leads the Minneapolis office. Michael completed a two-year Bush Fellowship, studying at MIT and Harvard in 1999, earning master's degrees in City Planning and Real Estate Development from MIT. He has served on more than 50 committees, boards, and community task forces, including City Council President in Superior, Wisconsin, Chair of the Duluth/Superior Metropolitan Planning Organization, and Chair of the Edina, Minnesota Planning Commission. Most recently, he served as a member of the Edina city council and Secretary of the Edina HRA. Michael has also managed and designed several award - winning architectural projects and was one of four architects in the Country to receive the AIA Young Architects Citation in 1997. Phil Waugh —Project Manager1T1FAnalyst Philip is a project manager with 13 years of experience in historic preservation, building investigations, material research, and construction methods. He previously worked as a historic preservationist and also served as the preservation specialist at the St. Paul Heritage Preservation Commission. Currently, Phil sits on the Board of Directors for the Preservation Alliance of Minnesota. His current responsibilities include project management of historic preservation projects, performing building condition surveys and analysis, TIF analysis, writing preservation specifications, historic design reviews, writing Historic Preservation Tax Credit applications, preservation planning, and grant writing. Jonathan Pettigrew, AIA — Inspector Jonathan Pettigrew has worked in architecture and construction for the last twenty years in Minnesota, California and Washington. His experience includes a variety of commercial and residential project types and scales, from single-family homes to a 300,000 square foot multi -building office complex. He has significant experience in code reviews and building systems inspections and analysis. Jonathan received his Minnesota architect's license in 2004. He brings a strong interest in sustainability and an eye for detail to his work. He enjoys working with clients, consultants and contractors to bring projects together successfully. Phil Fisher — Inspector For 35 years, Phil Fisher worked in the field of Building Operations in Minnesota including White Bear Lake Area Schools. At the University of Minnesota, he earned his Bachelor of Science in Industrial Technology. He is a Certified Playground Safety Inspector, Certified Plant Engineer, and is trained in Minnesota Enterprise Real Properties (MERP) Facility Condition Assessment (FCA). His FCA training was recently applied to the Minnesota Department of Natural Resources Facilities Condition Assessment project involving over 2,000 buildings. Page: 3 Monticello Block 52 TIF Analysis — January 4, 2022 SCOPE OF SERVICES LHB will provide the following services based upon the terms and conditions described below. 1. Survey the TIF District to determine if it meets applicable coverage test. A. To meet the coverage test, parcels consisting of 70 percent of the area of the district must be "occupied" by buildings, streets, utilities, or paved or gravel parking lots. B. A parcel is not considered "occupied" unless at least 15% of its total area contains improvements. 2. Conduct a visual review of building(s) interior and exterior: A. Obtain property owner's consent for inspection. B. Document property conditions relative to Minnesota Statutes Section 469.174 Subdivision 10. 3. Estimate building(s) replacement cost: A. Replacement cost is the cost of constructing a new structure of the same square footage and type on the site. B. A base cost will be calculated by establishing the building class, type and construction quality. C. Identify amenities, which increase the value of the building over the standard construction quality level. D. Review building permits for each parcel. E. The base cost and cost of amenities will be totaled to determine the replacement cost for the property. 4. Evaluate building(s) existing condition: A. "Structurally substandard shall mean containing defects in structural elements or a combination of deficiencies in essential utilities and facilities, light and ventilation, fire protection including adequate egress, layout and condition of interior partitions, or similar factors, which defects or deficiencies are of sufficient total significance to justify substantial renovation or clearance." 5. Determine Building(s) Code Deficiencies: A. Determine technical conditions, which are not in compliance with current building code applicable to new buildings. B. Provide opinion of probable cost to correct identified deficiencies. C. Compare cost of deficiency corrections to replacement value of building. 6. Prepare and deliver report: A. Prepare a written narrative analysis of the District describing why the property within the District does or does not meet the criteria as "structurally substandard" as established in Minnesota Statutes Section 469.174, subdivision 10. B. Deliver final reports via email PDF. Page: 4 Monticello Block 52 TIF Analysis — January 4, 2022 ASSUMPTIONS 1. LHB will inspect up to seven buildings on approximately thirteen parcels. We will inspect both the interior and exterior of the buildings and evaluate the coverage of the parcel(s). The Client will provide the following: • A scalable parcel map and/or aerial photo of the area to be inspected, including GIS information with specific parcel data, including parcel area measured in square feet. • A list of all parcels affected including name of owner, current known business or resident name and address. • Available information regarding the condition of the structures, including past building permit information, and known code violations. STANDARD OF CARE LHB shall perform services consistent with the professional skill and care ordinarily provided by other professionals practicing in the same or similar locality under the same or similar circumstances. Any report prepared by LHB represents a professional opinion based upon information available and arrived at in accordance with generally accepted professional standards. Other than as contained in the report, LHB makes no express or implied warranty. Short of complete deconstruction to examine every element at every location, no assessment can reveal all conditions which may exist. Additional testing, assessment, or demolition, may uncover conditions which would make it necessary to modify LHB's conclusions or recommendations. Any report prepared for the purpose described in this Agreement is for the exclusive use by those to whom the report is addressed. LHB will not and cannot be held liable for the unauthorized reliance upon this report by any third party. COMPENSATION We propose to work on an hourly basis with the following key staff: Project Principal, Michael Fischer (TIF analysis) $290/hour Project Manager $165/hour Project Architect/Inspector $145/hour Project Administrator $95/hour We will work on an hourly basis not to exceed Sixteen Thousand Four Hundred dollars ($16,400) including reimbursable expenses for the inspection of the properties, including a full report outlining the findings for the proposed TIF District. Payments are due and payable upon receipt of our invoice. Unpaid balances 60-days after invoice date shall bear interest at the rate of 8% annually. Failure to make timely payment to LHB is a material breach of this Agreement and may, at LHB's sole discretion, result in a suspension or termination of services, and may, at LHB's sole discretion, result in the termination of the Client's limited license authorization to use LHB's copyrighted Instruments of Service. Page: 5 Monticello Block 52 TIF Analysis — January 4, 2022 ADDITIONAL SERVICES If there is a material change in the circumstances or conditions that affect the scope of work, schedule, allocation of risks or other material terms, LHB shall notify the Client. The Client and LHB shall promptly and in good faith enter into negotiation to address the changed conditions including equitable adjustment to compensation. The fees and costs for any additional services will be based upon LHB's Standard Hourly Rates and Standard Reimbursable Schedule. SCHEDULE The final report typically requires 30-45 days to complete from the time we are authorized to start. We can make preliminary conclusions prior to our full report being completed if necessary to allow other consultants and the client to begin their work. CONSEQUENTIAL DAMAGES LHB and Client waive consequential damages for claims, disputes or other matters in question arising out of or relating to this Agreement. LIMIT OF LIABILITY To the maximum extent permitted by law, the Client agrees to limit LHB's liability for the Client's damages to the sum of Ten Thousand Dollars ($10,000) or the amount of fee paid to LHB, whichever is greater. This limitation shall apply regardless of the cause of action or legal theory pled or asserted. USE OF LHB'S DOCUMENTS The documents prepared by LHB are solely for use with respect to this project. All documents prepared by LHB pursuant to this Agreement are the instruments of services to the Project and LHB shall retain all common law, statutory and other reserved rights, including copyright. LHB grants to Client a nonexclusive limited license solely for the purposes of evaluating and executing the Project. The Client shall not assign, delegate, sublicense, or otherwise transfer any license granted herein to another party. To the extent the documents are transferred or are modified, supplemented or otherwise altered by the Client, subsequent design professional, or any other party, the Client agrees to indemnify, defend and hold LHB harmless for any claims, demands, damages or causes of action arising out of such transfer or modification, supplementation or alteration. OTHER CONDITIONS The laws of the State of Minnesota shall govern this Agreement. Any provision of this agreement later held to violate a law or regulation shall be deemed void. All remaining provisions shall continue in force. The Client recognizes that materials prepared by others may be subject to copyright protection and warrants to LHB that any documents provided by the Client do not infringe upon the copyright held by another. Page: 6 Monticello Block 52 TIF Analysis — January 4, 2022 Unless the parties mutually agree otherwise, the parties shall endeavor to settle disputes by mediation. A demand for mediation shall be filed, in writing, within a reasonable period of time after a claim, dispute or other matter in question has arisen. LHB and the Client, acting through the Client's legal representative, will, to the fullest reasonable extent, cooperate and coordinate efforts in preparing necessary responses to any third party challenges to the inspections. The Client agrees to pay LHB its regular hourly rates for time spent as a result of a third party legal challenge If the terms and conditions of this Agreement are acceptable, please sign and return a copy to LHB. CITY OF MONTICELLO LHB INC. By: By: (Signature) Its: Name: (Signature) (Title) (Printed Name) Its: Principal (Title) Name: Michael A. Fischer, ALA (Printed Name) C:\Users\mafisch\Documents\MIKE DOCUMENTS\LHB\TIF\TIF Agreements\2022 Agreements\Monticello Block 52 TIF Analysis 01-04- 22.docx Request for Proposal (RFP) Blighted -Substandard TIF Qualifying Building Inspections Block 52, Monticello, Minnesota January 4, 2022 The City of Monticello Economic Development Authority (EDA) is releasing the Request for Proposal (RFP) regarding performing blighted and substandard Tax Increment Financing (TIF) qualifying building inspections and completing the associated report documents - as related to Block 52 in downtown Monticello. Block 52 is currently being considered for redevelopment which would potentially consist of a maximum 4 story mixed -use residential -commercial development with underground parking, courtyard parking areas and public plaza and green space amenities. The substandard building inspection will help City staff and the EDA determine if the conceptual use of Redevelopment TIF is a valid path and to help inform the next steps in working on a plan to provide financial assistance in the goal of redeveloping Block 52 in the core downtown area. Per Minnesota State Statutes, in order to be create a Redevelopment TIF District, the subject area must have a minimum threshold of blighted and substandard building structures. For more information about the rules and regulations for TIF Redevelopment Districts, please see https://www.revisor.mn.gov/statutes/cite/469.174. RFP responders should include all costs associated with staff time (including travel) and materials to perform the inspections and complete appropriate reports -studies. Responders should also include evidence of credentials to perform desired work components and a sample list of past similar inspection projects completed in Minnesota. Attached Exhibits A., B. and C. provide additional information about the Block 52 location, parcel information and ownership as well as City staff's best estimate as to gaining access to buildings to conduct inspections. The deadline for submittal of the RFP is Friday January 7, 2022, at 3:00 p.m. RFP Questions about the RFP can be directed to Jim Thares, Economic Development Manager, phone # 763-271-3254 or email at jim.thares(o)-ci.monticello.mn.us. RFP responses should be submitted via email to Jim.thares(a-)_ci.monticello.mn.us. EXHIBIT A . r� p mill N Y , CA c`. 1• CA • � a, s N 1 3 Aj o i F N f a ♦''y'4., fl p y. � r•, _ � � � � ice, J �� CITY OF Block 52 N Monticello City of Monticello MN WSB 1 inch = 80 feet EXHIBIT B Note: Item # Corresponds with Aerial Photo Parcel numbers 1. Parcel ID - 155010052150 Owner - CITY OF MONTICELLO EDA Building Access - Yes 2. Parcel ID - 155010052140 Owner - CITY OF MONTICELLO EDA Building Access - Yes 3. Parcel ID - 155010052131 Address - 112 W RIVER ST Owner - CITY OF MONTICELLO EDA Building Access - Yes 4. Parcel ID - 155010052110 Address - 103 PINE ST Owner - CITY OF MONTICELLO EDA Building Access - Yes 5. Parcel ID - 155010052120 Address: 103 PINE ST Owner - CITY OF MONTICELLO EDA Building Access - Yes 7. Parcel ID - 155010052132 Owner - CITY OF MONTICELLO Building Access - Yes 10. Parcel ID - 155010052031 Address - 121 BROADWAY W Owner - CITY OF MONTICELLO EDA Building Access - Yes 11. Parcel ID - 155010052060 Address - 113 BROADWAY W Owner - CITY OF MONTICELLO EDA Building Access - Yes 12. Parcel ID - 155010052071 Address - 111 BROADWAY W Owner - CITY OF MONTICELLO EDA Building Access - Yes 13. Parcel ID - 155010052070 Address - 107 W BROADWAY ST Owner - CITY OF MONTICELLO EDA Building Access - Yes 14. Parcel ID - 155010052090 Address - 101 BROADWAY W Owner - CITY OF MONTICELLO EDA Building Access - Yes 15. Parcel ID - 155010052101 Owner - CITY OF MONTICELLO EDA Building Access - Yes 16. Parcel ID - 155010052102 Owner - CITY OF MONTICELLO EDA Building Access - Yes EDA Agenda: 01/12/22 9. Consideration of Authorizing a Professional Services Contract with AE2S for Integrated Marketing and Communications Plan (IMCP) in the amount of $24,971 (JT) A. REFERENCE AND BACKGROUND: The EDA is asked to authorize entering into a Professional Services Contract with AE2S to develop an Integrated Marketing and Communications Plan (IMCP) meeting the needs of the EDA over the next several years. The Community Energy Transition (CET) Grant funding awarded to the City in March 2021 included allocation of $25,000 specifically earmarked for marketing activities (these dollars are intended to be transferred to the EDA in 2022). Staff first introduced the EDA to the potential of working with AE2S at the December 8, 2021 meeting. The EDA endorsed the plan to continue to work with AE2S and invite them to present a proposal for a marketing plan at a Workshop in January 2022. The workshop meeting is scheduled to occur immediately ahead of the regular EDA meeting. The experience of having positive early discussions with AE2S, the expectation for a productive workshop session, and the knowledge that the CET Grant expenditure deadlines are approaching, staff felt that that it would make sense to ask the EDA to consider a marketing contract proposal with AE2S during the regular meeting. AE2S provided materials for the workshop that are attached to this report. They include an IMCP outline noting seven distinct plan components and a multi -page overview of the marketing proposal. As noted in the proposal, AE2S is expecting the IMCP work tasks to occur over several months. Staff checked the references for AE2S, and they are positive from the view of previous work completed in other communities. Al. Staff Impact: The Community Development Department and the City Communications Coordinator have been involved in early discussion with AE2S staff. If the EDA approves entering into a contract with AE2S, additional staff time will accrue to this effort over the next few months. The EDA may want to appoint one of its commissioners to be involved in a hands-on committee to provide input into the process and plan as it is formulated. The IEDC will also be asked to appoint a member to be involved in the hands-on committee. All final plan materials will be presented to the EDA for approval at the appropriate time. A2. Budget Impact: The total cost of the AE2S IMCP proposal is $24,971. The funding for the IMCP will be derived from the CET Grant. The EDA General Fund budget includes $31,700 for Miscellaneous Professional Services under which any 2022 calendar year marketing expenditures would fall. B. ALTERNATIVE ACTIONS: 1. Motion to approve the Professional Services Contract with AE2S for development and completion of a IMCP in the amount of $24,971. 2. Motion to table consideration of the Professional Services Contract with AE2S for development and completion of a IMCP in the amount of $24,971. C. STAFF RECOMMENDATION: Staff recommends approval of Alternative #1 wherein the EDA approves the proposed AE2S IMCP contract in the amount $24,971. It is important to organize a IMCP to share the message regarding the development opportunities in Monticello. The cost of the effort will not be sourced from the EDA General Fund. AE2S staff provided sample work materials that are impressive, and the reference checks bear out the recommendation to move forward with the marketing contract with AE2S. D. SUPPORTING DATA: A. Proposed AE2S IMCP Marketing Contract Proposal B. IMCP Outline C. AE2S Workshop Presentation materials 40,• AE2S • COMMUNICATIONS January 5, 2022 Monticello Economic Development Authority 505 Walnut Street Monticello, MN 55362 RE: Integrated Marketing and Communications Plan & Templates Dear Angela and Jim: The Monticello Economic Development Authority (EDA) sets goals and objectives to attract higher wage level jobs and expand the city tax base. The City has many exciting developments taking place and the opportunity for more developments in the future. In addition, like many communities throughout the nation, the City has challenges when it comes to workforce. An Integrated Marketing and Communications Plan (IMCP) would allow for a deep dive into community and target market insights, proactive marketing planning to take advantage of opportunities, and support of economic development goals. In addition, our team will develop marketing templates that can be used strategically based on the IMCP. These templates will provide a consistent look and message across all audiences and will help save time of City staff when developing future materials. AE2S Communications is excited to offer our strategic marketing and communications services as the Monticello EDA takes the next step in sharing why Monticello is a great place to call home, for both your family and business. Scone of Services AE2S Communications (AE2S) proposes to work with the Monticello EDA (CLIENT) to provide marketing and communications services. This Agreement sets forth the terms and conditions under which the CLIENT and AE2S shall be governed regarding the Assignment. Scope: • Integrated Marketing and Communications Plan • MySidewalk Report • ESRI Tapestry Demographics • Interviews and Focus Groups • Persona Development • Economic Development Marketing and Communications Strategies and Tactics • Graphic Design • Marketing Content and Templates Fees AE2S proposes to render professional services under this Agreement on an hourly basis in accordance with the Scope and Fee attached as Exhibit A not to exceed $24,971 without written authorization from CLIENT, plus reimbursement for all project related expenses. 4050 Garden View Dr, Grand Forks, ND 58201 RE: Integrated Marketing and Communications Plan January 5, 2022 Page 2 of 3 As a reminder, our contract is hourly to a max which means you will be charged only for the hours worked. See the table below for the detailed scope and fee. Andrea Nicole Taylor Cody Boe Gaustad Corbett Schuler Enagement Marketing Project Digital Budget Budget Total AE2S Director Coordinator Manager Strategist Hours Labor Costs Fee Budgeted Task 1: Project 1.1 Management Client communications and team meetings 1 2 1 5 1 5 1 2 1 14 11$ 1,828 1$ 1,828 1.2 1 Presentations to Stakeholders 1 1 4 1 4 1 1 8 1 $ 976 $ 976 TOTAL FOR TASK 1 1 2 1 9 1 9 1 2 1 22 1 $ 2,804 $ 2,804 DiscoveryTask 2: 2. IData mining from current reports, study, etc. 4 4 8 $ 844 $ 844 2.2 MySidewalk economic report 1 2 5 1 9 $ 1,131 $ 1,131 2.3 ESRI Tapestry demographics 6 6 12 $ 1,266 $ 1,266 2.4 Interviews and Focus Groups 1 6 12 19 $ 2.348 $ 2,348 2.5 1 Development of Personas 2 6 6 14 $ 1,678 $ 1,678 TOTAL FOR TASK 2 4 8 33 17 62 $ 7,267 $ 7,267 3: Plan 3.1 DevelopmentTask Goal andInitiative development 1 4 1 6 1 6 1 6 1 22 1 $ 2,876 $ 2,876 3.2 Recommendations/action plan development 4 1 8 1 10 1 10 32 $ 3,982 $ 3,982 3.3 Final plan and presentation 1 6 1 6 1 4 16 $ 1,856 $ 1,856 TOTAL FOR TASK 3 8 1 20 1 22 1 20 70 $ 8,714 $ 8,714 Task 4: Marketing Templates 4.1 Messaging and Content 1 3 1 6 1 6 1 15 1$ 1,884 1 $ 1,884 4.2 1 Templates and designed materials 1 18 12 1 6 1 36 1 $ 4,302 1 $ 4,302 TOTAL FOR TASK 4 3 1 18 18 1 12 1 51 1 $ 6,186 1 $ 6,186 Additional Services Services resulting from significant changes in the general scope, extent, or character of the Assignment are not included as a part of the general Scope of Services. If authorized in writing by the CLIENT, AE2S will provide services beyond the scope of this Agreement on an hourly basis in accordance with the Hourly Fee Schedule attached as Exhibit C. CLIENT'S Responsibilities CLIENT shall do the following in a timely manner, so as not to delay the services of AE2S: 1. Designate a person to act as CLIENT's representative with respect to the services to be rendered under this Agreement. Such person shall have complete authority to transmit instructions, receive information, and interpret and define CLIENT's policies and decisions with respect to services for the Assignment 2. Provide relevant information and content regarding requirements for the Assignment. AE2S shall be entitled to use and rely upon all information provided by CLIENT or others in performing AE2S's services under this Agreement. 3. CLIENT shall, so long as AE2S is not in default, promptly pay AE2S for such professional services as have been performed satisfactorily hereunder in accordance with the fee schedule set forth herein. CLIENT shall bear all costs incident to compliance with its responsibilities pursuant to this section. RE: Integrated Marketing and Communications Plan January 5, 2022 Page 3 of 3 Standard Terms and Conditions Standard terms and conditions of this Agreement between CLIENT and AE2S are specified in Exhibit B. Performance Schedule Timetables and deliverables will be in conjunction with CLIENT goals for the ASSIGNMENT. Contract Documents The Contract Documents consist of the following: 1. This Agreement; 2. The attached Terms and Conditions; 3. All other attached Exhibits; and 4. Any duly executed amendments. There are no Contract Documents other than those listed above. If this Agreement sets forth your understanding of our agreement, including the scope of work desired, fees, terms, and conditions, please sign both this original and the enclosed copy in the space provided. Please retain the original for your files and return the copy to AE2S. Thank you for the opportunity to assist in this project and we look forward to working with you. Sincerely, tNify 6*W Taylor Corbett Project Manager Accepted this day of Jordan Grasser Operations Manager 2022 �• AE2S • COMMUNICATIONS This is EXHIBIT B, consisting of 2 pages, referred to in and part of the Agreement between CLIENT and AE2S for Services dated January 5, 2022. Standard Terms and Conditions The Agreement is supplemented to include the following terms and conditions: TERM. This Agreement shall commence on the Effective Date. 2. SCOPE OF SERVICES 2.1.1 CONSULTANT will devote the required amount of time necessary to perform the Services for CLIENT as stated herein. CONSULTANT will have discretion in selecting the dates and times it performs the Services giving due regard to the requirements of the project and schedule of CLIENT. 2.1.2 CLIENT will provide CONSULTANT with materials and information necessary to perform the scope of services proposed. 2.1.3 The relationship between CLIENT and CONSULTANT created by this Agreement is that of independent contractor, and CONSULTANT is not and shall not be deemed to ban employee of CLIENT for any purpose. INVOICES AND PAYMENTS. CONSULTANT will invoice CLIENT for time and reimbursable expenses monthly. Payments to CONSULTANT will be made within 30 days of CLIENT's receipt of an invoice documenting the services performed by CONSULTANT. If CLIENT fails to make any payment due AE2S for services and expenses within 30 days, the amounts due AE2S will be increased at the rate of 1.0% per month (or the maximum rate of interest permitted by law, if less) from said thirtieth day. In addition, AE2S may, after giving seven days written notice to CLIENT, suspend services under this Agreement until AE2S has been paid in full all amounts due for services, expenses, and other related charges. 4. TERMINATION 4.1 If, for any reason, either party fails to fulfill in a timely and proper manner its obligations under this Agreement, or if either party shall violate any of the covenants, agreements, or stipulations of this Agreement, the first party shall thereupon have the right to terminate the Agreement by giving written notice to the other party of such termination and specifying the effective date thereof. This Agreement may be terminated by either party ("the Terminating Party") upon a breach by the other party ("the Breaching Party") of any representation or obligation imposed hereby, provided that Terminating Party has given written notice of the breach to the Breaching Party and such breach has not been cured within ten (10) days of the date of such notice. 4.2 Either party may terminate this Agreement at any time without cause by giving at least 30 days' notice in writing to the other party. 4.3 If the Agreement is terminated as provided herein, CONSULTANT will be paid for the time provided and expenses incurred up to the termination date. 5. STANDARD OF CARE. CONSULTANT shall exercise the same degree of care, skill, and diligence in the performance of the Services as is provided by a professional of like experience, knowledge and resources, under similar circumstances. 6. EXCLUSION OR SPECIAL INCIDENTAL, INDIRECT, AND CONSEQUENTIAL DAMAGES. To the fullest extent permitted by law, and notwithstanding any other provision in the Agreement, AE2S and AE2S's officers, directors, partners, employees, agents, and Consultants, or any of them, shall not be liable to CLIENT or anyone claiming by, through, or under CLIENT for any special, incidental, indirect, or consequential damages whatsoever arising out of, resulting from, or in any way related to a Specific Project, Task Order, or this Agreement, from any cause or causes, including but not limited to any such damages caused by the negligence, professional errors or omissions, strict liability, breach of contract or warranties, express or implied, of AE2S or AE2S's officers, directors, partners, employees, agents, or AE2S's Consultants, or any of them. LIMIT OF LIABILITY. To the fullest extent permitted by law, notwithstanding any other provision of this Agreement, the total liability, in the aggregate, of AE2S and AE2S's officers, directors, partners, employees, agents, and AE2S's Consultants, and any of them, to CLIENT and anyone claiming by, through, or under CLIENT for any and all claims, losses, costs, or damages whatsoever arising out of, resulting from or in any way related to the Project or the Agreement from any cause or causes, including but not limited to the negligence, professional errors or omissions, strict liability or breach of contract, or warranty express or implied of AE2S or AE2S's officers, directors, partners, employees, agents, or AE2S's Consultants, or any of them, shall not exceed total compensation received by AE2S as part of this agreement. 8. CONFIDENTIALITY. All of reports, information, and data, prepared or assembled by CONSULTANT under this Agreement are confidential and CONSULTANT agrees that they shall not be made available to any individual or organization without the prior written approval of CLIENT. Page 1 of 2 Pages (Exhibit A - Standard Terms and Conditions) COPYRIGHT. No printed or digitally designed documents produced in whole or in part under this Agreement shall be the subject of an application for copyright by or on behalf of CONSULTANT. 10. COMPLETE AGREEMENT. This Agreement with its exhibit, attached, constitutes the complete agreement and sets forth the entire understanding and agreement of the parties as to the subject matter of this Agreement and supersedes all prior discussions and understandings in respect to the subject of this Agreement, whether written or oral. 11. MODIFICATION. No modification, termination, or attempted waiver of this Agreement, or any provision thereof, shall be valid unless in writing and signed by the party against whom the same is sought to be enforced. 12. BINDING EFFECT. This Agreement shall be binding on, and shall inure to the benefit of the parties and their respective successors in interest. 13. NOTICES. All notices given under this Agreement shall be in writing, addressed to the parties as set forth on page 1. 14. GOVERNING LAW. This Agreement shall be governed by the laws of the State of North Dakota. 15. EXECUTED IN COUNTERPARTS. This Agreement may be executed in counterparts, each of which together will constitute one and the same instrument. Delivery of an executed counterpart of this Agreement shall constitute effective delivery of this Agreement. Each Party agrees that the delivery of the Agreement by facsimile or electronic mail shall have the same force and effect as delivery of original signature and that each Party may use such facsimile or electronic mail signatures as evidence of the execution and delivery of the Agreement by the Parties to the same extent that an original signature could be used. Page 2 of 2 Pages (Exhibit B - Standard Terms and Conditions) This is EXHIBIT C, consisting of 2 pages, referred to in and part of the Agreement between CLIENT and AE2S for Services dated January 5, 2022. ADVANCED ENGINEERING AND ENVIRONMENTAL SERVICES, LLC 2022 HOURLY FEE AND EXPENSE SCHEDULE Labor Rates* Administrative 1 $61.00 I&C Assistant $98.00 Administrative 2 $74.00 I&C 1 $138.00 Administrative 3 $89.00 I&C 2 $160.00 Communications Specialist 1 $98.00 I&C 3 $183.00 Communications Specialist $113.00 I&C4 $194.00 Communications Specialist 3 $131.00 I&C 5 $203.00 Communications Specialist $158.00 IT 1 $117.00 Communications Specialist 5 $173.00 IT 2 $159.00 Construction Services 1 $118.00 IT 3 $190.00 Construction Services 2 $145.00 Land Surveyor Assistant $90.00 Construction Services 3 $160.00 Land Surveyor 1 $108.00 Construction Services 4 $180.00 Land Surveyor 2 $129.00 Construction Services 5 $198.00 Land Surveyor 3 $145.00 Engineering Assistant 1 $77.00 Land Surveyor 4 $160.00 Engineering Assistant 2 $92.00 Land Surveyor 5 $177.00 Engineering Assistant 3 $116.00 Operations Specialist 1 $93.00 Engineer 1 Engineer 2 $125.00 $148.00 Operations Specialist 2 $113.00 Engineer 3 $177.00 Operations Specialist 3 $140.00 Engineer 4 $203.00 Operations Specialist 4 $158.00 Engineer 5 $215.00 Operations Specialist 5 $184.00 Engineering Technician 1 $75.00 Project Coordinator 1 $109.00 Engineering Technician 2 $96.00 Project Coordinator 2 $121.00 Engineering Technician 3 $117.00 Project Coordinator 3 $132.00 Engineering Technician 4 $131.00 Project Coordinator 4 $148.00 Engineering Technician 5 $149.00 Project Coordinator 5 $167.00 Financial Analyst 1 $104.00 Project Manager 1 $188.00 Financial Analyst 2 $118.00 Project Manager 2 $206.00 Financial Analyst 3 $142.00 Project Manager 3 $223.00 Financial Analyst 4 $155.00 Sr. Designer 1 $165.00 Financial Analyst 5 $172.00 Sr. Designer 2 $183.00 GIS Specialist 1 $98.00 Sr. Designer 3 $194.00 GIS Specialist 2 GIS Specialist 3 $118.00 $139.00 Sr. Financial Analyst 1 $194.00 GIS Specialist 4 $155.00 Sr. Financial Analyst 2 $212.00 GIS Specialist 5 $173.00 Sr. Financial Analyst 3 $231.00 Sr. Project Manager 1 $235.00 Sr. Project Manager 2 $254.00 Sr. Project Manager 3 $265.00 Technical Expert 1 $320.00 Technical Expert 2 Negotiable Pagel of 1 Pages (Exhibit B - Fee Schedule) Drivers of IMCP and Strategic Plans Overview of current marketing and materials Past economic development pursuits and new priorities Economic Development Goals Supporting Marketing Goals MySidewalk report Esri Tapestry data Overview of Stakeholders Interview and focus group summary Target market personas Timeline Lw lMRNi7 Responsibilities and roles Organized by schedule and priority Overall campaign messaging Targeted content Toolbox of designed materials based on strategies in previous section. This may include PowerPoint, postcards, handouts, etc. JL TA -• • Identify Key Performance Indicators as they relate to the project SMART Goal development and tracking metrics for specific audiences and reach • • JAN FEB MAR APR MAY Review current Focus groups Develop tactics Draft Plan and Edits to draft materials and and interviews and strategies presentation Plan and finalize begin Discovery materials Economic Development Marketing and Communications Taylor Corbett, Andrea Boe, Nicole Gaustad • AE2S •COMMUNICATIONS 0 j cur Team"s Experience. East Grand Forks Branding and IMCP, Social Media, Designed Materials Burnsville Branding and IMCP, Implementation, Variety of campaigns Way Cooler Workforce Initiative, Digital Focus, Authentic Branding Where do we start? Discovery Community data on residents, businesses, and target audiences. G1 Strategy & Tactics Actions and tactics that are organized by priority, responsibility, & feasibility. Measuring Success Goals and metrics following implementation to track success. � �� �f �fll • • • ~� ��yY%_:. very r Tal Discovery Low at past information and use tools such as MySidewaIk and Esri Tapestry. 6MM - W, Interviews and focus groups with community leaders. 6b=- Develop a understanding of target audiences. Monticello Statistics. 11643 Manufacturing Industry Employees M40 Administrative and office support employees Monticello Population ■ Under 5 ■ Age 5to9 ■ Age 10to14 ■ Age 15to19 ■ Age 20to24 ■ Age 25 to 34 ■ Age 35to44 ■ Age 45 to 54 ■ Age 55 to 59 Age 60 to 64 ■ Age 65 to 74 ■ Age 75 to 84 ■ Age over 85 02 Strategies & Tactics. r Task 2 Strategies & Tactics ies and tactics will be organized by each of the EDA goals. )ata Focused � The discovery phase information will be critical to the strategy. M� PrInr�w Based on input, the goals will be prioritized for implementation. -d9IW MF ! 4 Is Economic Development Goals 03 Employee Recruitment and Executive Leadership Manufacturer Retention, Retention Positions Recruitment Recruitment and Attraction 1 Redevelopment Relationship Building Example Marketing Tactics. Tactic How to accomplish the goal. Develop online tool kit with workforce resources for businesses. Priority How important is this goal to the community? High Feasibility Responsibility 1= Straight Forward What partners are 5 = Challenging critical for success? Communications 3 team and local businesses Marketing Templates r TasL Marketing Templates overall campaign theme, tone, content, and marketing for a cohesive campaign. Content for a variety of mediums, including digital and print. „rib - Design templates for materials. This may include PowerPoints, handouts, etc. ME OPPORTUNITY OPPORTUNITY Bumsrille BELONGS HERE BELONGS HERE cmr,urur,En sicxsrnvnoolirroxur ccun Measuring Success,, r Task Measuring Success to 5 years. Goals allow you to keep track along the way. . . If a strategy is not going as planned, metrics will help you evaluate. These goals will help the team achieve economic development goals. SMART Goals. nm A nR nT Specific V Measurable Attainable Relevant Time -based Integrated Marketing and Communications Phan Outline. 1. Executive Summary 2. Background 3. Goals and Objectives 4. Discovery s. Strategies and Tactics 6. Marketing Templates 7. Measuring Success JANUARY Review current materials and begin Discovery. FEBRUARY Focus Groups and Interviews Timeline MARCH Develop tactics and strategies. . - - Draft Plan and presentation. Edits to draft plan and finalize materials. • C. i �-5 • AE2S **COMMUNICATIONS EDA Agenda: 01/12/22 10. Consideration of Discussion Re2ardin2 Proposed 2022-2024 EDA Workplan (JT) A. REFERENCE AND BACKGROUND: At the regular meeting, staff will provide a brief update to the EDA Workplan and would encourage EDA discussion regarding the format of the document. Specifically, staff requests EDA guidance on the format of the document and timeline of a future workshop to further discuss a DRAFT Workplan. There are several significant development proposals in the pipeline at this time. Among these, several are quite complex and require several steps of EDA review and decision points regarding land sales and TIF District formation and/or other possible forms of financial assistance as may be needed. The action steps for these proposals may play out over the next two to three years. With that in mind, staff believes the EDA may benefit from restructuring its Annual Workplan as a multi -year goal -objectives document going forward. A reasonable model would suggest a rolling three-year plan document so the next adopted plan would be entitled, "2022-2024 EDA Workplan." Significant Development Proposals and Work Proiects 1. Block 52 Redevelopment efforts: sale of land; TIF District establishment, Development Agreement and Development Contract, Redevelopment Funding Program submittals, etc. 2. Project Stallion Facility Expansion: a business retention project involving new jobs and tax base, potential funding assistance with format yet to be determined. 3. Project Suburban Facility Expansion: new jobs, tax base, sale of EDA-owned land in Otter Creek Business Park (OCBP); potential financial assistance. 4. Headwaters Development's Twin home -Apartment Proposal: sale of EDA-owned land, establishing new TIF Districts 5. CET Grant Scope Work Tasks: formulation of Strategic Plan components, Shovel Ready documentation steps for parcels in OCBP, marketing plan and materials developed serving the needs of the EDA Of the five specific multifaceted priority work items listed above, all relate directly to the core goals and objectives in the current EDA Workplan. Naturally, some of the general Workplan goals will always remain focused around job creation and tax base development. These two key objectives are included in the 2040 + Comprehensive Plan as well. In addition to the Workplan format, staff asks the EDA to discuss the timeframe for further review before it considers adopting a new multi -year Workplan. Potential meeting dates are: • January 26, 2022 — 7:00 a.m. Regular EDA Meeting (adoption could occur at the regular meeting on February 9, 2022) • February 9, 2022 - 5:00 p.m. EDA Workshop (note: if this date is selected, adoption of the Workplan would occur at the following meeting in February or the first meeting in March) • Other potential dates as determined by the EDA Al. Staff Impact: Preparation of the new EDA Workplan is an annual task. It requires a fair amount of contribution from the Community Development Director and the Economic Development Manager. A2. Budget Impact: Review and editing tasks of the annual Workplans are included in the job descriptions of both of the EDA support staff, and as such, those associated costs are part of the EDA's routine operating expenditures. ALTERNATIVE ACTIONS: No Motion — Discussion only. 2. Motion as directed by the EDA B. STAFF RECOMMENDATION: Staff recommends that the EDA discuss a potential new format of the Annual Workplan and provide guidance regarding a future meeting date to review the contents of the document. C. SUPPORTING DATA: A. Adopted 2021 EDA Workplan B. 2040 + Comprehensive Plan Economic Development Implementation Summary "K ciTv of � Monticello MONTICELLO ECONOMIC DEVELOPMENT AUTHORITY 2021 ANNUAL ECONOMIC DEVELOPMENT WORK PLAN EDA Purpose: The EDA is charged with coordinating and administering the City of Monticello's economic development and redevelopment plans and programs. The EDA is also responsible for housing and housing redevelopment. EDA Work Plan Mission Statement: The EDA's work plan is adopted in support of achieving the goals of the Monticello 2040 + Comprehensive Plan. The EDA will be proactive by developing and undertaking actions for achievement of the Comprehensive Plan's Economic Development goals and will be reactive in responding to economic development opportunities as they arise in the most timely and effective manner possible. The EDA shall utilize the Economic Development Implementation Chart as a guiding document creating its 2021 Work Plan. Comprehensive Plan Goals: 1. Business Attraction and Retention 2. Tax Base Expansion 3. Downtown Vitality 4. Redevelopment and Reinvestment 5. Life Cycle Housing 6. Workforce Development 7. Promotion and Partnerships 8. Opportunity Focus Areas 11Page GOAL #1: BUSINESS ATTRACTION AND RETENTION Policy 1.1. Business and Employment Retention Strategies: 1. Maintain a strong Business Retention and Expansion (BR&E) program to monitor opportunities for continued growth and expansion of businesses as well as the continued relationship development between the City and existing businesses. 2. Identify and support companies that are expanding and adding employees. 3. Identify and promote programs that assist existing companies in expansion and creation of new positions. 4. Assist and support companies in accessing business assistance programs including financing and educational programs. 5. Bring Businesses and Educations Organizations together to create training programs to foster new live wage opportunities. Policy 1.2: Local Business Support Strategies: 1. Facilitate relationships with existing businesses on the expansion, redevelopment and improvement of their buildings and facilities. 2. Consider facade rehabilitation programs, small business loans, grants and other tools to encourage property reinvestment and support local businesses. 3. Foster partnerships and maintain networking relationships with the goal of maintain communication in support of existing businesses. GOAL #2: TAX BASE EXPANSION Policy 2.1: Diversify economic sectors to broaden the base of available living wage employment in the community. Strategies 1. Capitalize on the proximity to the I-94 regional transportation facilities, available land and educated and skilled workforce to create opportunities for job growth. 2. Inventory existing industry clusters by attracting similar and complementary businesses. 3. Work with existing business clusters to expand the attraction of supply chain companies. 4. Recognize changing land use patterns for industrial parks, and other or alternative uses such as co -working spaces. Policy 2.2: Maintain a business development and job creation toolbox to assist existing and future businesses. Strategies: 1. Continue discussion on use of tax reimbursement/abatement, including development of criteria/application. 2 1 P a g e 2. Identify and communicate new or innovative state and federal programs or grants which could be leveraged to support business development. 3. Proactively support small business start-up efforts through programs, collaborative efforts and various tools available for small businesses. Policy 2.3. Work collaboratively with partners to foster the attraction of new businesses. Strategies: 1. Continue to support the IEDC interactions with in the Wright County Workforce Pathways efforts in addressing workforce needs and training. 2. Consider IEDC recommendations and be prepared to be a partner in potential solutions based on WCWFP findings. GOAL # 3: DOWNTOWN VITALITY Policy 3.1: Implement the recommendations of the Downtown Small Area Plan. Strategies: 1. Support and advocate for improvements to the downtown as envisioned in the Small Area Plan and Walnut Street Corridor Plan. 2. Develop and support the appropriate policies, programs, and incentives that enable the type of development described in the Plan. 3. Continue to build a funding base for use in property acquisition and redevelopment efforts in targeted areas. 4. Implement a facade improvement program for desired revitalization areas. 5. Continue to meet with downtown property owners either in an informal group setting (Downtown Rounds) or individually to understand their concerns with traffic, parking, land use and possible reinvestment in their property as well as willingness to sell, partner, desired price, etc. 6. Encourage continued incorporation of arts as an economic development tool for Downtown Monticello and the community at -large. 7. Support opportunities for park and pathway development as consistent with the Downtown Small Area Plan. 8. Encourage the redesign of the pathway connection under the MN-TH #25 bridge to incorporate safety elements and improved lighting. 9. Ensure that greenway and pedestrian/cycle connections are considered within the downtown and from the downtown to other areas within the community. 10. Support park improvements in the downtown area. 3 1 P a g e GOAL #4: REDEVELOPMENT & REINVESTMENT Policy 4.1: Redevelopment: Continue to support redevelopment efforts for publicly - owned properties in Block 52, Block 34 and other EDA owned sites. Strategies: 1. Continue to focus on site control for a potential future targeted redevelopment in Block 52 as envisioned in the Downtown Small Area Study Plan. 2. Proactively market Block 52 as a unique regional site and development opportunity; reach out to developers to gauge interest, potential suitability and capacity to collaborate on a redevelopment plan. 3. Advocate for reconnecting Walnut Street to River Street in support of redevelopment. 4. Remain open to and analyze strategic opportunities for redevelopment throughout the community. 5. Proactively market Block 34, the Cedar/Broadway site, 4th Street site, West River Street parcel and the West 7th Street land tract to the commercial and residential development community. GOAL #5: LIFE -CYCLE HOUSING Policy 5.1: Actively promote and seek opportunities for the development of a wide variety of housing types, styles and price points as a mechanism to support and attract employment. Strategies: 1. Develop revised policy statements for housing which address the identified 2020 Housing Study needs. 2. Continue to market workforce housing development on EDA owned land along East 4t' Street and Outlot A of Country Club Manor, or at other suitable sites in the City, including the Downtown. 3. Support efforts by private and non-profit entities to develop affordable housing projects utilizing state and federal programs. 4. Examine the use and application of available housing TIF dollars per the 2016 TIF Management Plan and the adopted Policy Statements for Available TIF Funds. 5. Continue to periodically examine housing stock for aging or blighted properties and research development of programs for redevelopment and/or revitalization of existing housing. 6. Market the availability of incentives/subsidies available for development of housing. GOAL #6: WORKFORCE DEVELOPMENT Policy 6.1. Diversified and Skilled Workforce Strategies: 1. Continue to support interactions with local organizations to address workforce needs and training. 4 1 P a g e 2. Partner with Wright County Workforce Pathways (WCWFP) on solutions for workforce needs and training. 3. Promote Central Minnesota Jobs and Training Services as an option to Community College or university for students seeking alternative careers in the trades, manufacturing, and similar sectors and create a plan to market financial tools which support living wage employment as a primary focus. GOAL #7: PROMOTION & PARTNERSHIPS Policy 7.1: Create and maintain a comprehensive Marketing & Communication Strategy for priority sectors and locations. Strategies: 1. Identify community partners that can be regularly engaged and advised on economic development activities and events. 2. Support the development of strategic marketing plan, including creation of an overall economic development brand, for various focus audiences and sectors of development; residential, commercial and industrial and redevelopment. 3. Incorporate the marketing of EDA incentive programs in a more proactive manner, both within the community and beyond, a. Present existing and new incentive programs to smaller community groups, local banks, realtors, and local businesses either on in an informal group session or a formal roundtable format. b. Develop and communicate a "complete" development package program which provides support and assistance to prospects and developers from inquiry to construction. 4. Market industrial development at the Monticello Business Center (Otter Creek Business Park) to a broad variety of prospects as guided by the Comprehensive Plan. a. Focus on prospects which serve or rely on the St. Cloud and Twin Cities markets. b. Focus on supply chain prospects. 5. In collaboration with the IEDC, communicate with current business and industry in support of Business Retention & Expansion. a. Engage in informal business and industry small group meetings and explore potential format of helpful formal round tables meetings. b. Work with the Monticello Times to do a business spotlight or profile article two times per year. c. Leverage the networks of existing commercial and industrial entities currently doing business in and around Monticello. Policy 7.2: Engage as a partner in local and regional planning and development opportunities. Strategies: 1. Monitor the regional planning efforts of the Central Mississippi River Regional Planning Partnership (CMRRPP) and engage with feedback as requested. 5 1 P a g e 2. Consider funding and/or completing studies that provide policy and strategy framework for desired land uses/or projects in the downtown and for other programs. 3. Monitor commuter rail development in and around the Twin Cities metro region for potential benefits and opportunities to serve Monticello. GOAL #8. OPPORTUNITY FOCUS AREAS Policy 8.1: Opportunity Focus Areas 1. Maintain open lines of communication with property and business owners to understand their long-term development objectives. 2. Consider strategies, loans, grants and other financing methods to boost reinvestment and improvements. 3. Encourage public infrastructure investment in these areas in an effort to support private investment. Policy 8.2: Support community quality -of -life initiatives which act as economic development tools. Strategies: 1. Encourage and support coordinated planning and development of parks, trails in or near business districts. 2. Support the development Bertram Chain of Lakes Regional Park, including community Connections. 3.lncrease the visibility of the interconnection of all amenities including parks and trails with economic hubs of the City. Appendix: Monticello 2040 Vision + Plan, Economic Development and Implementation 6 1 P a g e w 2 w 2 C� Z O (D Z O 6 `L Z = O w J I-- 0 d O w 2 H N Z SW /^L�� {.�L 0 W W 0 2 0 Z 0 U W a z Q a Z W W J 0. 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Wright County Economic Development Partnership Annual Meeting — January 28th, 2022 at 7:00 a.m. at River City Extreme, Monticello, MN (refer to Exhibit B) C. 2022 Winter EDAM Conference Attendance by Economic Development Manager: The Winter EDAM Conference is occurring on January 27-28 in Bloomington, MN (Bloomington Sharaton Hotel). A copy of the Winter Conference Agenda is attached as Exhibit C. D. Prospect List Update: Please see the updated Prospect List as Exhibit D. Project Updates December 29, 2021 Zoning Work Group The Zoning Work Group is charged with supporting development of a zoning ordinance specific to The Pointes at Cedar. Zoning provides the standards for the types of uses and site design that will occur in the project area. The Group held its first meeting on December 1 and provided NAC, the City's planning consultant for the project, with images reflecting places and spaces they liked to visit and spend time in as a baseline for planning. For the Zoning Work Group's next meeting on December 28, they will use those images to identify specific characteristics for building materials, landscaping, signage and design for The Pointes. The guidance will help NAC begin drafting ordinance language for discussion. Compass Committee The Compass Committee is helping create and guide the public spaces at the center of The Pointes. The Compass Committee met for the first time on December 15. After introductions and a presentation by the project team, committee members were led through an imagining exercise to think about what should be included to make the Pointes at Cedar a welcoming place for the entire community. Recurring themes: Diversity of place - Include physical spaces that promote a mix of uses ranging from quiet and contemplative spaces for yoga, meditation and sitting quietly on a bench, to a public stage that allows for local performances of music, theatre, and art. All ages venue - Focus on promoting multi -generational use of this public gathering place in a way that encourages people of different ages to meet and enjoy this place together. Ideas to accomplish this focused on programing and events that bring in a mix of cultures and generations, including a food truck event, an annual pond hockey tournament that includes different ages playing at the same time, outdoor films, and pairing activities together such as coffee and a book club or a "paint and sip" event. Access and opportunity - Important to provide resources and amenities to assure all are welcome and can fully utilize the Pointes at Cedar. The committee will meet next on February 16, 2022. 11Page Board & Commission Updates The City Council approved a request for a 200-unit multi -family residential project known as Monticello Lakes, proposed in the southeast corner of The Pointes at Cedar. Construction of the project is anticipated to begin in early 2022. There was no other formal city board or commission activity on The Pointes for the month of December. General Project Updates (City Staff and consultants) City staff and project consultants WSB (consultant for the Grading, Park & Open Space and Landscaping) and NAC (consultant for The Pointes Small Area Plan and The Pointes Zoning Ordinance) meet each month to work through a variety of planning and design topics related to the next phase of work on The Pointes. The joint meetings allow for communication on the work of the Compass Committee and Zoning Work Group. This month, the staff and consultant team discussed the December 15 Compass Committee meeting, utility relocation coordination, and opportunities for additional public engagement. 2 1 P a g e 12/15/21, 4:45 PM WCEDP Annual Meeting & Awards Presentation with Keynote Speaker Dr. Cindra Kamphoff! `763.496.5632 Madmin@wrightpartnership.org Wright county WC-O' e 1:� 9 Economic Development Partnership POIfiFfNKf for QpiDOtt(Mlh'BS r4 o., L , Event List .� ,r- .s WCEDP Annual Meeting & Awards Presentation with Keynote Speaker Dr. Cindra Kamphoff! Share this event: Share https://wrightpartnership.org/events/#!eventl2022/1/28/wcedp-annual-meeting-awards-presentation 1/11 12/15/21, 4:45 PM WCEDP Annual Meeting & Awards Presentation with Keynote Speaker Dr. Cindra Kamphoff! "Beyond Grit" Embracing Passion and Perseverance to Gain the High -Performance Edge The foundation of Cindra's keynote is based on her Top 10 Practices of the World's Best. Her Top 10 Practices outlines the differences between successful and less successful people. • Understand the psychology behind the World's Best to fully take advantage of your mindset • Learn how to access your unlimited supply of passion and purpose • Gain practical tools and strategies to deal with adversity, mistakes and the unexpected • Discover the biggest mindset mistake and how to avoid it • Gain clarity of where you are going in your life and work and why • Learn how to build your personal purpose statement to help you live and work with motivation • Understand how to master your thinking to increase positivity to help you be at the best for your team and others Whether you're seeking to own your dream business, triple your income, be the best you can be in your sport, or merely achieve a higher level of personal satisfaction, Beyond Grit shows you how. Inspiring and practical, Kamphoff will show you how to "own your why," develop your grit, take control of your future, discover your purpose, thrive under pressure, and be your best more often. 3875 School Blvd View larger map r�e 5►5 Big Lake �zs I 3875 School Blvd; Molnticelld, MN 55362 Go gle Alb Map data ©2021 Google Venue River City Extreme Address 3875 School Boulevard Monticello MN 55362, US Starts Fri Jan 28 2022, 07:30am CST Ends Fri Jan 28 2022,10:00am CST https://wrightpartnership.org/events/#!eventl2022/1 /28/wcedp-annual-meeting-awards-presentation 2/11 EDAM 2022 Winter Conference Event Schedule Thu, Jan 27, 2022 7:30am Registration 0 7:30am - 4:30pm, Jan 27 Continental Breakfast 0 7:30am - 8:15am, Jan 27 8:15am President's Welcome & Annual Meeting 0 8:15am - 8:30am, Jan 27 8:30am Ensuring a Vibrant Community Through Business Succession and Transition (BST) Planning 0 8:30am - 9:30am, Jan 27 1.0 AICP Credit This session will make the case that Business Succession and Transition (BST) Planning contributes to ensure a vibrant community. Speakers will highlight that now is the time for Minnesota business owners of all ages to become more educated and develop a BST plan. This is especially critical in Minnesota where close to 52,000 businesses have owners who are 55 years of age or older. Panelists include experts from the Minnesota Chamber of Commerce, University of Minnesota Extension, Minnesota Center for Employee Ownership (MNCEO), and the University of Saint Thomas Family Business Center who will share valuable BST facts, case studies, key questions to ask businesses, and provide information on available BST resources and tools. Speakers Kathi Schaff Director, Grow Minnesota!O, Minnesota Chamber of Commerce C) Sue Crockett Executive Director, MNCEO Jon Keimig Director, University of St. Thomas Family Business Center Competing in the New Commercial Economy 0 8:30am - 9:30am, Jan 27 1.0 AICP Credit Join us for a discussion with several real estate professionals who are involved in commercial development and maintaining their economic viability after COVID and changes in retail habits. -0 Speakers Lisa Diehl Principal, Diehl and Partners, LLC 0 Tara Onken Managing Broker, Edina Realty va Moderator a r Kim Lindquist WSB, Director of Community Planning 9:30a m Break with Exhibitors O 9:30am - 9ASam, Jan 27 9:45a m Embracing Change: Strengthening Communities in Rural America O 9:45am - 10:45am, Jan 27 1.0 AICP Credit A group of committed, caring, and passionate residents of St. James chose to embrace the changing population demographic in their small town in rural Minnesota and saw it as an opportunity. In the process of getting to know one another's stories and working on projects designed to recognize and celebrate the diverse cultural heritage of the town's residents, trusting relationships formed that have built bridges between diverse community members, creating a more welcoming community for all. Speakers 0 Susan Harris Community Education Director, St. James Public Schools ISD 840 t,o Pat Branstad Instructor, Uniting Cultures/Uniendo Culturas Alejandra Bejarano Economic Recovery Planner, Region Nine Development Commission Building Economic Resilience Through Clean Energy and Equity in Minnesota 0 9:45am - 10:45am, Jan 27 '. 1.0 AICP Credit The Building Economic Resilience Though Clean Energy and Equity (BERCEE) initiative is an effort co - convened by the Great Plains Institute (GPI) and BlueGreen Alliance (BGA) to find opportunity at the confluence of three complex and interrelated challenges facing Minnesota today: • A global pandemic that has incurred economic devastation; • Long-standing racial disparities that can no longer be ignored; and • The growing urgency to significantly reduce greenhouse gas emissions. In the face of these challenges, BERCEE is an attempt to seize this moment to promote massive re- employment, investment in 21 st century infrastructure, and innovation towards a decarbonized economy, all while ensuring equitable outcomes for all Minnesotans. Y1 Speaker ,tom k ,r Jay Trusty Executive Director, Southwest Regional Development Commission 10:45am Break with Exhibitors 0 10:45am - 11:00am, Jan 27 11:OOa m Keynote Session: Site Selector Forum 0 11:00am - 12:15pm, Jan 27 1.25 AICP Credits Join us for a conversation with site selectors about what's important to them in the current climate. -0 Speaker Kylle Jordan Director, Business Investment, GREATER MSP 12:15pm Lunch 0 12:15pm - 1:00pm, Jan 27 1:OOpm Evolutions in Business 0 1:00pm - 2:00pm, Jan 27 v�J Speaker Vasiliki Papanikolopoulos Founder, Coimatan 2:00pm Break with Exhibitors O 2:00pm - 2:15pm, Jan 27 2:15pm The Future of Small Business & Entrepreneurship O 2:15pm - 3:15pm, Jan 27 1.0 AICP Credit Small businesses are an important and growing driver of U.S. economic growth and dynamism. They employ over half of America's private sector workers, produce over half of America's non -farm private GDP, and create roughly 75% of new private sectorjobs. The next decade will see the growth of small business continue, and the social and economic impacts of small business increase. To better understand this important segment of the U.S. and global economy, Intuit and the Institute for the Future undertook a research project in 2007-2008 to identify, analyze, and forecast the significant trends and forces impacting small business over the next decade. Our findings are presented in a series of three forecast reports: • Demographic Trends and Small Business • Technology Trends and Small Business • The New Artisan Economy This session will provide an overview of what is the future of small business and what should businesses support organizations and small business advisors should be doing to prepare small businesses for success. -0 Speaker 9 -1 th - Y. Elaine Rasmussen Founder/CEO, Social Impact Strategies Group The Strategic Development of Workforce Housing O 2:15pm - 3:15pm, Jan 27 1.0 AICP Credit This session will discuss strategies communities are using to facilitate workforce housing to meet the demands of both employers and residents. There are many factors contributing to the ongoing pressures on local governments to provide a range of attainable housing options for residents. Cost of construction, supply chain issues and community growth are clashing with demand. Municipalities have taken varied positions on financing for housing. Some have established programs that facilitate the construction and ownership of housing to meet community needs not met by the market. Those that do not physically own or construct housing properties offer funding sources that can provide gap financing. This interactive discussion will cover communities' access to a variety of financing tools, strategies, programs and funding sources to help address the affordable housing shortage and include panelists with experience on managing and developing public sector housing programs and financing tools, including American Rescue Plan funds, as an additional resource to facilitate the construction and preservation of housing needs. Speaker (i,-I- Mikaela Huot Director, Baker Tilly Municipal Advisors 3:15pm Break with Exhibitors 0 3:15pm - 3:30pm, Jan 27 tli-ii j9 � 914f (RP :9i 91i�fzi1/� 3:30pm Innovative Efforts for Filling Vacant Storefronts 0 3:30pm - 4:00pm, Jan 27 .5 AICP Credits The City of Hutchinson has had good results with their "JumpStart Downtown" business contests. Several years ago they had two winners which included a very popular downtown bakery. Last year there were three contest winners: a downtown steak house, a Thai restaurant that will open early next year and a boba tea / homemade ice cream shop. Join us to learn more about Hutchinson's experience with helping their downtown to thrive. v1 Speaker Miles Seppelt Economic Development Director, City of Hutchinson 4:00pm Break with Exhibitors 0 4:00pm - 4:10pm, Jan 27 4:10pm Excellence in Economic Development Awards Ceremony 0 4:10pm - 4:30pm, Jan 27 Join us to honor this year's recipients, who exhibited excellence, innovation, and strategic thinking in 2021. 4:30pm Networking Reception 0 4:30pm - 6:00pm, Jan 27 Fri, Jan 28, 2022 8:00am Registration 0 8:00am - 12:00pm, Jan 28 Continental Breakfast 0 8:00am - 9:00am, Jan 28 9:00am Closing Keynote 0 9:00am - 9:30am, Jan 28 9:30a m Break with Exhibitors 0 9:30am - 9:45am, Jan 28 9:45am Building Back Better: An Update on Federal Economic Development Legislation 0 9:45am - 10:45am, Jan 28 10:45a m Break with Exhibitors 0 10:45am - 11:00am, Jan 28 11:00a m State of Minnesota DEED Programming Staff Update 0 11:00am - 11:30am, Jan 28 11:30a m Minnesota on the Move: State Legislation Affecting Economic Development 0 11:30am - 12:00pm, Jan 28 12:00pm Prize Drawing & Adjournment 0 12:00pm - 12:15pm, Jan 28 Powered By Whova PROSPECT LIST 12/03/2021 Date of Company Name Business Category Project Description Building -Facility Retained Jobs New lobs Total Investment Project Status Contact 11/12/2016 MN DEED Prospect Metal Mfg. Exist Facility+ Equip 65,000 sq. ft. 0 55 - 100 $2,500,000 Active Search 11/17/2016 Project Armstrong - Precision Machining New Facility Constr. + Equip 58,000 sq. ft. 205 60 $10,831,000 Almost Done UMC 6/22/2017 Project #6580 Metal Mfg. New Facility Constr. 70,000 sq. ft. 0 49 $5,480,000 On Hold 10/17/2017 Project Ted Equipment Mfg. New Equipment N/A 45 ? $650,000 Concept Stage 5/22/2018 Karlsburger Foods Food Products Mfg. Facilty Expansion 10 to 20 $4, 7/30/2018 Project Saturn Plastic Products Mfg. New Construction 5,000+/- sq. ft. 4 +/- $830,000 Active Search 8/10/2018 Project Jupiter Metal Mfg. New Construction 5,000 sq. ft. +/- 3 $800,000 Active Search 11/29/2018 Project Blitzen Precision Machining Exist Bldg or New Const. 12,000 sq. ft. 10 $1,200,000 Concept Stage 12/14/2018 3/28/2019 5/9/2019 8/16/2019 9/19/2019 1/20/2020 3/31/2020 8/27/2020 Project Comet Commercial Bus New Const. 1,700 sq. ft. +/- 7 $700,000 Active Search Project Nutt Co -Working Space Existing Building ? ? ? ? Concept Stage Project FSJP Light Mfg -Res. Lab New Construction 20,000 sq. ft. 0 20 +/- $1,400,000 Active Search Project Jaguar Office New Construction 22,000 sq. ft. 22 4 $2,700,000 Active Search Project Kata Service New Construction 22,000 to 35,000 sq. ft. 0 25 $7,900,000 Concept Stage Project Panda v3 Service -Child Care New Construction 10,500 sq. ft. 0 21 $4,100,000 Active Search Project GiaSaurus Medical Prod. Mfg. New Construction 175,000 sq. ft. 0 75 $50,000,000 Active Search Project Nuss Combo Service -sale New Construction 30,000 sq. ft. 0 20 to 30 $3,500,000 Almost Done 12/23/2020 11/5/2020 2/16/2021 2/18/2021 2/18/2021 3/19/2021 4/23/2021 6/3/2021 Project TD Industrial Existing or New Construction 10,000 to 15,000 sq. ft. 0 Project Flower Office Existing 7,000-8,000 sq. ft. 0 Project Cold Industrial-Warehouse-Dis New Construction 80,000 sq. ft. 0 tri Project Shay Lounge -Restaurant Existing Bldg. 2,200 0 Project Counsel Office -Service New Construction 5,600 sq. ft. 24 Project Orion Warehouse-Distributio New Construction 832,500 sq. ft. 0 n Project Emma Light Ind -Assembly New Construction 20,000 sq. ff. 0 Project FCW Service New Construction w Redev 4,000 sq. ft. 0 5 to 7 $800,000 Concept Stage 12 $750,000 Concept Stage 21 $12,000,000 Concept Stage 4 $150,000 Concept Stage 3 $1,120,000 Building Completed 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 Search 8/12/2021 Project Integrity Precision Mfg. New Construction 100,000 sq. ft. 0 60 $14,800,000 Cancelled 110/28/2021 Project Stallion Technology Service New Construction 42,000 sq. ft. 40 $3,600,000 Active Search I Contacts: M = 01 YTD = 29