EDA Agenda 07-29-2003BLOCK 35 PRESENTATION
ESIGNS AND C~[TNDING PACKAGE
CONCEP 1 I7
July ?9, ?003
7:00 p.m.
Welcome and Introductions -Bill Demueles. EDA Chair
Purpose of the meeting -Bill Demet_iles, EDA Chair
(Encourage questions and discussion during presentations)
Design Concept (Before and After) -Steve Grittman, Northwest Associated Consultants
* Allev
* 'Trash Enclosures
* Plaza
* Cosmetic: Facade Improvements
Public ParkinY.~ Lot Improvements and 'l'iming - .fohn Simola. Public Works Director
Financial Package -Ollie Koropchak, Exocutive Director
Broadway Assessments -hick W'olfsteller_ City Administrawr
• Sumnrarizc and ne~ct step -Bill Demcules. EDA Chair.
['
(This a proposal created and offered by the Monticello Economic Development Authority
(E:DA) to foster a partnership with a portion of the owners of Block ~~.)
BUCK 35 AND EDA PARTNERSHIP
FINANC[AL PACKAGE
USES OF FUNDS -Based on estimates.
Common Area -
Parking to rear of buildings, plaza, trash improvements
(with sidewalk and curb) $ 7,000.00
Replace alley and add a second catch basis
(W'ithout engineer fees or cost to slope private surface to
match alley) $ X0,000.00
(En~~ineer fees/slopin~~) $ ?0.000.00
Block 3i Public Parkin~~ L.ot Impl-ovemcl,ts $ 30,000.00
COSI„CIiC I'acadc Improvements to rear of buildings
Swiccichowski (Dino's) $ 1 ~.l OU.00
~[unticello Lod~~e # 1 Ei (Vacu~u,~ Center) $ ? 1.1 OO.OU
l.ucl, Je~~elcrs and (1'' National Bank of h.lk River) $ 17.100.00
Schnrid~r (previous Utfice Supple) $ 18.000.00
:~`~OStI) (l.ilw Ott1C.L') ~ 1O'lOO.~~
SchnelCler (V aCan[ Lot)
Larsen I'ropertics (Carlson "travel/Carlson f\~7encv) $ ?0,00.00
Schn~idcr (Drapery Centel" and Pizza) $ 10.100.00
McCarty (Computer/Nle~ican (grocery) $ 16.700.00
Subtotal of Real- COSl,letlc Facade Improvenlel,ts $1?9.700.00
TOTAL. l!SL•;S U}.' FUNDS $30,700.00
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SO~~RCES OF FUNDS
L [7A -Common Area $ 75.000.00
Alley $ 50.000.00
Engineer Fees/Sloping $ 20,000.00
Subtotal EDA Investment $115.000.00
City of~Monticello -Public Parking Lot Improvements
Budget 2000 $ 10,000.00
Budget 2002 $ 20,000.00
Subtotal City Cnvestment $ 30,000.00
Business Owners -Rear Cosmetic Facade Improvements
Swiecichowski $ 1 x.100.00
N[onticello Lodge # 16 $ ? 1,100.00
Loch Jewelers $ 17.00.00
SclvYeider $ 15,000.00
Larson Properties $ ?0.500.00
Schneider $ 10,500.00
McCarty $ 1 6.500.00
Subtotal Business ()~vners Investment $1?`).700.00
"TO"I':~L S(~IJRCES OF FUNDS $30-1,700.00 •
SOME I3ENEFlTS OF FDA OFFER
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1. Custom friendly parking and plaza-like rear entrance.
?. Cosmetic Facade Design Benefits as outlined by Plamler Steve Grittman.
;. hoof and alley drainage issue resolved.
4. Multiple visual and exposed trash containers eliminated from rear entrance.
5. Ratio of Public Investment ($175,000) to Private (nvestment ($1?9,700.) 1.35:1.0
G. Availability of EDA Low Interest Loan.
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Block 35 Presentation
July 29, 2003
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131oc1c 3S list of invites
13riara & Pam Thiclcpenny
>470 - 142"`' St. N W
Monticello
Dr-. & Nancy McCarty
319 W. 3"' St.
Monticello
Dou ~ l~aren Schneider
3ox13S4
Monticello
Larson Properties II
PO Box 44G
Monticello
/Al Loch
I'O Box 547
Monticello
Domino's ~ Dennis Archer
10$ W. Broadway
Monticello
Grace Pedersora/Carlson Wagonlit Travel
PO Box 177
Monticello
Duane Carlson/Car-lson Agency
PO Box. $ ] 1
Monticello
Monticello Floral/Todd & Melissa Larson
lOS W. 3`~ St.
Monticello
First National Bank/Kevin Weerers
14G W. Broadway
Monticello
/Moraticello Vacuum/Larry ~b-~(,~~
1 SO W. Broadway
Monticello
Select Cyecare/.lame & Dave 'l~helcn
21.3 State; 14wy 2S S
Monticello
~lo~aticello C'haraaber/Basic
T'O 13ox ] 92
Moaaticel to
eve Grittman/NAC
S77S Wayzata Blvd., Suite S_5.5
St. Louis Parlc, MN S_541G
Dr. Greg Dunn
I'O Box 427
Monticello, MN SS362
/1Clonticello Lodge #1 G/Dayf Flatten
602 Vine Lane
Monticello
Jay & Sue Sifferle/Flickers
211 State Hwy. 2S S
Monticello
Craig usar wiecichowski/Dinos
PO Box S3S
Monticello
Jin & Jill Agosto
PO Box $9G
Monticello
EDA Meraabers -/~'~t ~~« F~iw~3
.left O"Neill, Rick Wollstell John Sinaola
.-O~~ l~i i''C~CY1
~iaa Caraapbell/1)AT
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