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IEDC Agenda - 03/07/2023AGENDA INDUSTRIAL & ECONOMIC DEVELOPMENT COMMITTEE (IEDC) Tuesday, March 07, 2023 7:00 a.m. at Monticello Community Center Members: Chairperson Sarah Kortmansky, Vice Chairperson Luke Dahlheimer, Tracy Hinz, Liz Calpas, Joni Pawelk, Darek Vetsch, Kevin Steffensmeier, Wayne Elam, Andrew Tapper, Randy Skarphol, Eric Olson, Ryan Schmitz, Rob Stark, Tony Velishek Liaisons: Tracy Hinz, Rachel Leonard, Angela Schumann, Jim Thares, Marcy Anderson, Jolene Foss, Dave Tombers, Tim Zipoy 1. Call to Order 2. Approve Minutes: a. February 7, 2023, meeting minutes 3. Consideration of Adding Items to the Agenda 4. Table Topic — Electric Vehicle Charging Station and Infrastructure Overview - Don Hickman, Initiative Foundation 5. Reports: • Economic Development o Roundtable Event Proposal (Subcommittee needs to be formed) o Project and Prospects Updates o Planning Commission • City Council • Wright County Economic Development Partnership (WCEDP) • Chamber of Commerce 6. Next Meeting Reminder — Date: April 4, 2023 7. Adjournment (8:00 a.m.) MINUTES INDUSTRIAL & ECONOMIC DEVELOPMENT COMMITTEE (IEDC) Tuesday, February 07, 2023 7:00 a.m. at Monticello Community Center Participants who choose to attend remotely may join via Microsoft Teams: Click here to join meeting; Teams Members Present: Chairperson Sarah Kortmansky, Vice Chairperson Luke Dahlheimer, Tracy Hinz, Joni Pawelk, Kevin Steffensmeier, Andrew Tapper, Eric Olson, Ryan Schmitz Members Absent: Liz Calpas, Dareck Vetsch, Steve Johnson, Wayne Elam, Randy Skarphol, Kathleen Massmann Liaisons Present: Jim Thares, Rachel Leonard, Jennifer Schreiber 1. Call to Order Sarah Kortmansky called the regular meeting of the Monticello IEDC to order at 7:05 a.m. In attendance for the meeting were two guests of the IEDC, Rob Stark and Tony Velishek. 2. Approve Minutes: a. January 03, 2023, meeting minutes ANDREW TAPPER MOVED TO APPROVED THE JANUARY 3, 2023, REGULAR MEETING MINUTES. JONI PAWELK SECONDED THE MOTION. MOTION CARRIED UNANIMOUSLY, 8-0. Consideration of Adding Items to the Agenda The group present did introductions as a courtesy to the two guest attendees. 3. Open Meeting Laws Review City Clerk Jennifer Schreiber presented information about the open meetings law statute and the remote format that has been used during the pandemic. The State Secretary of State, the oversight authority is recommending that local units of government revert to the standard open meeting statute standards of in person meetings. If there is a need for any committee member to attend remotely, their specific location will need to be published along with the agenda materials. 4. Table Topic — LOST (Local Option Sales Tax) Initiative Overview — Rachel Leonard, City Administrator City Administrator Rachel Leonard provided an in-depth overview of the Local Option Sales Tax (LOST) initiative by the City. The City Council authorized submission of a request for legislative approval of a one-half cent (.05) sales tax on the regular sales tax items at its January 23, 2023 meeting. If the proposed legislation is approved and signed into law, it would go before the voters as a choice question in the year 2024 as part of the general election cycle. The City is proposing to capture approximately $30 million in sales taxes over the next 20 years for two large regionally significant capital improvement projects, Pointes At Cedar and the Bertram Chain of Lakes. Each project, if approved by the voters, would be slated to receive $15 million. General information from the Department of Revenue indicates that the typical Monticello resident household of four would pay about $100 +/- in sales tax per year. The expectation is that about 50 percent of the sales tax would be derived from non-residents who travel to the City from other communities and other states. Tony Velishek asked if the added sales tax would only affect the retail portion of Monticello businesses. Andrew Tapper noted that the proposed added sales tax would put Monticello's sales tax at 7.8%, which is where Elk River is currently is at. Mr. Tapper asked if any other surrounding cities are pursuing a local option sales tax. Rachel noted that several other cities already have the local sales tax. These include the St. Cloud area cities of Sartell, Sauk Rapids, Waite Park, and St. Cloud. Clearwater has a sales tax as does Rogers. Joni Pawelk asked about the success rates of cities when it comes to passing referendums. It was explained that the success is usually tied to providing good information about the proposed uses of the proceeds and the positive involvement of various community groups who are natural supporters of these specific improvements such as the soccer clubs. The City itself can not campaign for passage of the tax referendum. Eric asked about the City's plan for growth and how that plan will complement the local option sales tax. The proceeds will be used for further progress in completing the Bertram Chain of Lakes athletic fields and other components of the regional park. As for the Pointes At Cedar, the funds would be used to also pursue the capital improvements such as the pavilion and the trail and park feature components of the total 105 acre development area. S. Reports: • Economic Development o Prospects List Mr. Thares highlighted the prospect list. Project Love was the last inquiry which was in 2022; however, there have been several new inquiries that were not added to the list as they are very tentative in form. o Building Permit Update — 4th Qtr. 2022 4t" quarter construction of new single homes dropped 60% from 2021. The average build was $315,000 plus the land. Multi -family 4t" quarter of 2022 was 91 units for Block 52 which falls under commercial category; the permit was pulled late in the year. County Club Manor Twin home portion has started and the multi -family is scheduled to begin in early summer. All units are modular and built in Albertville. Twin Pines multi -family 96 unit multi -family homes begin construction in March. This brings the total of 285 units under construction this year. o Planning Commission Hayden Stensgard, Community and Economic Development Coordinator, reviewed the Planning Commission Agenda highlighting the Zoning Ordinance amendment for vehicle fuel sales, allowing for Electric Vehicle Charging stations, and a Special City Council/Planning Commission meeting to go over land use basics. City Council Rachel Leonard, City Administrator, highlighted the 1-94 coalition support of the Albertville to Monticello build, approval of dues and support for the CMRP, and the School Pedestrian Project. • Wright County Economic Development Partnership (WCEDP) o No update. • Chamber of Commerce o No update. 6. Member Resignation a. Mr. Thares presented the resignation of Steve Johnson and extended our appreciation for his dedication and supporting the community through the IEDC membership. 7. Next Meeting Reminder — Date: March 7, 2023 8. Adiournment (8:06 a.m.) SARAH KORTMANKSY MOVED TO PROACTIVELY SUPPORT ROB STARK AND TONY VELISHEK'S APPOINTMENTS TO THE IEDC, PROVIDED THEY COMPLETE AND SUBMIT THE NECESSARY APPLICATION. JONI PAWELK SECOND THE MOTION. MOTION CARRIED UNANIMOUSLY, 8-0. KEVIN STEFFENSMEIER MOVED TO ADJOURN THE REGULAR MEETING OF THE MONTICELLO IEDC. RYAN SCHMITZ SECONDED THE MOTION. MOTION CARRIED UNANIMOUSLY, 8-0. Industrial Economic Development Committee (IEDC) Potential Calendar Year 2023 Table Topics Please circle the items that you want to have as Table Topics in 2023. If there is consensus among the members that these are worthy topics, some of them may be pushed into 2024. Discussion encouraged. 1. Co -Work Facility Concept Presentation and Discussion — Follow-up 2. Industrial Land Inventory and Absorption Review and Trends 3. Housing Assistance Programs by MHFA 4. Lodging — Recruitment Discussion 5. Restaurant — Recruitment Discussion 6. Wright County EDA Activities Update— Darek Vetsch 7. Central Mississippi River Regional Planning Partnership Progress Report - Update 8. Google Data Center Update - Anticipated Spinoff Development Impacts 9. Chelsea Commons Update or Block 52 Update 10. 5-G Rollout Timeline Update 11. Local School District Facilities and Programs Update 12. Xcel Energy Monticello Nuclear Generating Plant (MNGP) Update 13. Wright Tech Center Programs Update 14. Electric Vehicle Impacts and development opportunities and funding 15. Other: 16. Other: HOME (/INITIATIVE -QUARTERLY/) CURRENT ISSUE (/INITIATIVE-QUARTERLY/CURRENT-ISSUE/- ARCHIVES (/INITIATIVE-QUARTERLY/ARCHIVES/) SUBSCRIBE (/INITIATIVE-QUARTERLY/SUBS, ADVERTISE (/INITIATIVE-QUARTERLY/ADVERTISE/) CONTACT (/INITIATIVE-QUARTERLY/CONTACT/) IQ MAGAZINE Q SHRRE © v ®.,. _(http://www.addthis.com/bookmark.php?v=300&pubid=xa-528655dd3ff1 e2a2) 10* HITTING THE ROAD: Attendees at a July 9 St. Cloud Electric Vehicle Expo had the chance to experience and drive several makes of electric vehicles. Going Green & Clean St. Cloud area showcases electric vehicles, clean energy possibilities By Alicia Chapman I Photography by Paul Middlestaedt It's no longer uncommon to see a Tesla or other electric vehicle tooling down the road or pulled up to a charging station. Electric vehicles, also known as EVs, are gaining traction. In fact, car sales in the United States have passed a critical tipping point: 5 percent of all new vehicles sold are powered exclusively by electricity. As the adoption rate accelerates, it marks a period in which technological preferences rapidly flip, according to an analysis by Bloomberg. The need to prepare the region's infrastructure to support EVs and other clean -energy options—from the capacity of the electrical grid to the installation of charging stations—is becoming more imminent. The transition to EVs was on full display in July during a Recharge St. Cloud EV Expo at River's Edge Convention Center. Supported by an Initiative Foundation grant, in partnership with the Greater St. Cloud Development Corporation, Recharge Minnesota and Xcel Energy, the event was designed to open up conversations around EVs and how they can transform mobility, create efficiencies and spur new economic development possibilities. "Sector leaders like Xcel and Minnesota Power are rapidly striving to go carbon neutral," said Don Hickman, Initiative Foundation vice president for community and workforce development. "The goal for both of them is by the end of next decade. They're deeply committed to encouraging the electrification of as many transportation options as possible." As more EVs hit the road, energy companies are working to modernize the power grid to meet the demand, said Tina Malott, program strategist with Recharge America, a national nonprofit that advocates for clean transportation. "If everybody today went out and bought an EV and started charging, our grids would not be able to handle it," Malott said. "But that's not a realistic scenario. This is going to be a steady adoption over the next few years. And along with that adoption will be more renewables on the grid being able to handle that extra load." In addition to elevating electric vehicles, the July Recharge event showcased an array of clean energy initiatives r i the Greater St. Cloud area. Several years ago the city of St. Cloud took a hard look at its energy consumption and plotted a path toward greater effici, ;ity is now saving about 4.5 million kilowatt-hours a year. Most of the gains have come through innovations at the city's wastewater treatment plant, whit,., .uns on 100 percent renewable energy. An estimated 98 percent of the plant's energy is generated onsite through solar panels and methane digestion. The city of Sartell is on a similar path to achieve energy efficiencies and carbon -neutral outcomes. (Carbon neutral means that any carbon dioxide being released into the atmosphere is balanced by an equivalent amount being removed.) The city of St. Cloud also plans to add more electric vehicles to its fleet. Malott said the gradual transition will help to ensure that Minnesota is prepared for the inevitable shift to clean energy technologies. "To be successful, everybody has to work together," Malott said. "The manufacturers can't just say, 'We're putting out a line of EVs, get ready.' The dealer has to install fast charging because you have to give your car to the customer fully charged. So to get that fast charging, the dealer has to work with the local utility. And then, the utilities have to think about their rate structure and incentives. They have to work with the electrical contractors in the area to make sure they're trained and equipped, and knowledgeable about how to install this infrastructure. There are so many pieces to the puzzle, and right now, everybody's working their hardest with the same goal in mind — getting more EVs on the road, getting more renewables on the grid." Barriers to EV adoption remain, even with awareness -building events like this summer's Recharge Expo. The cost of EVs remains high for some, but prices are declining as more car companies put EVs into production, Malott said. The next and most significant barrier is public infrastructure. Charger anxiety is a big concern for people considering EVs. More public charging stations are popping up around Central Minnesota, including a two -port charging station in the parking lot of the Initiative Foundation's Little Falls headquarters. The city of Sartell recently approved 16 charging stations, and the city of St. Cloud has added public charging stations at Riverside Park with plans to add more. In addition, the city of Becker recently installed high-speed electric vehicle charging stations at its high school with funds from an Initiative Foundation grant. The installation will help to meet consumer demand and reposition the Sherburne County city as a diverse and innovative economy as coal-fired power plants are decommissioned in Becker. "Last year, both the McKnight Foundation and the Morgan Family Foundation were very generous in supporting us for a wider look at how we can advance economic opportunity associated with all clean energy across Central Minnesota," Hickman said, and regional partners are joining the effort. "Our job as a regional economic organization is helping with retention and expansion of our existing businesses," said Leslie Dingmann, business development director for the Greater St. Cloud Development Corporation. "So when there are public-private partnerships investing in this infrastructure, it only bodes well for the region as a whole to attract business." Elizabeth Kramer, a public service analyst with the city of St. Cloud, said the city takes pride in knowing that it can depend on its own sources of energy for a significant portion of its needs. But it's more than just being clean. The city is also saving taxpayer dollars. "In many cases, we're saving money with these projects," said Kramer. "And it comes full circle. We're benefiting local industries by being able to take their high- strength waste. And that, in turn, helps the community and the economy of the area. And it all kind of circles around into itself and provides a lot of benefits for everyone in the city." w - eel I la H �i I N _!t " MITI V d, f r All.kms, $10,000 TO VEX MN ROBOTICS: For every EV test drive taken during the July Recharge Electric Vehicle Expo, a donation was made to VEX MN robotics to support school-based robotics clubs and automation education in the region. Nearly 90 drivers and 60 passenger )in, resulting in a $10,000 donation to VEX MN robotics. The funds were made possible by a $5,000 Initiative Foundation grant and a $5,000 matching, i from Recharge America. CHARGE 'EM UP!: Through a partnership with Minnesota Power, the Initiative Foundation has an electric vehicle charging station at its Little Falls office. The station is available on a first-come, first-served basis and includes two charging ports. The cost is $1.50 per hour. Users will need the ZEFNET app on their mobile device to enter the charger ID number. Share this Story Share View all Articles (/index.php/initiative-quarterly/granting-gratitude/) HOME AGENDA SPEAKERS TICKETS SF MINNESOTA 0 • 0 • • • • • • • • • • • • • • • 0 • • • • • • • 0 • • • 0 • • • 0 Forging an Equitable Path to Electrification Mar 22,2023 08:00 AM (CDT) 16 44 53 DAYS HOUR! MINUTES SECONDS Overview Join Recharge Minnesota for a statewide conversation exploring innovation, access, and opportunity related to EV transportation. HOME AGENDA SPEAKERS TICKETS SF remains firmly committed to providing resources to leaders in business, non- profit, academia and government across Greater Minnesota that help them secure the benefits from the emerging electric economy. At this pivotal moment of planning, innovation, and collaboration, equal access must stand at the center of our considerations for ensuring that everyone across Minnesota can benefit from the transition. Join Recharge Minnesota for a first -of -its -kind symposium that will: • Construct a compelling story for how transportation electrification and renewable energy reinforce each other to secure equitable economic prospects for everyone in Minnesota • Provide a platform for leaders in business, non-profit, academia and government to strategize ways for equity to remain central to transportation electrification and energy planning • Recognize and celebrate progress made by Recharge Minnesota participants Throughout the day, attendees will take part in a series of facilitated, interactive workshops in small -group cohorts led by presenters. Attendees should expect to engage and actively participate in conversations to explore answers to the following questions: Access • How can we provide charging to all Minnesotans regardless of where they live? • How can we provide electric mobility to all Minnesotans regardless of income, geographic location, race/ethnicity, and abilities? Innovation • How can emerging technology support our goals for access and capturing the benefits of electric transportation? • Clean energy and transportation (solar+charging) HOME AGENDA SPEAKERS TICKETF • What local workforce development opportunities are being created by the EV rollout and how can we ensure that good local jobs are being created throughout Greater Minnesota as a result? Presented in partnership with Fresh Energy! Our Speakers More exciting experts to be announced soon! Stay tuned! Bet h An An Kai na no les Cr Phi -; to ou ��. bb i d ch , ♦' ♦ s c VV _ Principal Multifamily 4 Founder Sustainability Housing and Planner EV President MnDOT Carshare Project Strategic Office Manager Diversity of Initiatives Sustainability HourCar and Public Health Bo Eliz b Ch ab Bla ris eth Vol ke Bo Executive ast V1/11 Director -nA CO ng Native Sun S Executive Community Director c r Featured sessions Interesting sessions at a glance HOME AGENDA SPEAKERS TICKETS SF Phi Ilip Jo hn 0 n Executive Director Albert Lea Economic Development Authority Tro Y Sc h M11 dtk e Managing Director Schmidtke Family Foundation Lunch Banquet and Annual Recharge MN Partici Program Ac gencla O Mar 22,202312:15 PM to 01:45 PM (-05:00) DESCRIPTION Jus tin Par " tee Sales Manager Connexus Energy Featured sessions Interesting sessions at a glance HOME AGENDA SPEAKERS TICKETS SF Phi Ilip Jo hn 0 n Executive Director Albert Lea Economic Development Authority Tro Y Sc h M11 dtk e Managing Director Schmidtke Family Foundation Lunch Banquet and Annual Recharge MN Partici Program Ac gencla O Mar 22,202312:15 PM to 01:45 PM (-05:00) DESCRIPTION HOME AGENDA SPEAKERS TICKETS SF Our Sponsors A special thanks to the individuals who made this event possible PROGRAM FUNDERS MCKNIGHT FOUNDATION CAROLYN FOUNDATION SCHMIDTKE RECHARGE 0 L S E T H FAMILY FOUNDATION A M E R I C A FAMILY FOUNDATION Carolyn Olseth McKnight Schmidtke Recharge Foundation Family Foundation Family America Foundation Foundation EVENT PRESENTED IN PARTNERSHIP WITH 1`1esh HOME AGENDA SPEAKERS TICKETS SF PLATINUM XcelEnergy- COF BENEFACTOR Children's Museum Venue Our location and how you can get here Jim Thares From: Don Hickman <DHickman@ifound.org> Sent: Wednesday, March 1, 2023 1:19 PM To: Jim Thares Subject: EV workforce development is needed; it's happening in Minnesota! From: Stephanie Dorman at Recharge America <stephaniedorman@recharge-america.org> Sent: Wednesday, March 1, 2023 1:01 PM To: Don Hickman <DHickman@ifound.org> Subject: [EXTERNAL]EV workforce development is needed; it's happening in Minnesota! Can't read or see images? View this email in a browser Dear Don, We know that for transportation electrification to really take off, we're going to need more workforce with skills and knowledge to help everything EV. Many of you are part of that workforce development, and we're so proud to have you in our network! Read on to hear more about how one of our speakers has started focusing on bringing economic development into his local community! Don't forget to join us on March 22 for our Mobilizing Minnesota Symposium to hear about how are paving the way in electrification! I At the beginning of the day following welcome remarks, event attendees will be grouped into three cohorts that will serve as break-out groups. Each cohort will spend 45 minutes in facilitated workshops with each of the three topics: Access, Innovation, and Opportunity. After lunch, cohorts will report out to the larger group the results of their discussions. We are continuing to highlight our upcoming speakers in the Access, Innovation, and Opportunity facilitated workshops. This week's Mobilizing Minnesota Symposium Speaker Spotlight is on our discussion topic of EV Opportunity, hosted by Troy Schmidtke with Design Ready Controls and Phillip Johnson with Albert Lea Economic Development Agency. Troy Schmidtke is the owner of Design Ready Controls and founder of the Schmidtke Family Foundation, a nonprofit focused on promoting environmental N conservation and community health. We're excited to have Troy on board as one of our speakers, and excited to also be hosting a Recharge Albert Lea event on May 6. Phillip Johnson is the Executive Director of the Albert Lea Economic Development Agency (ALEDA). He started his position with ALEDA in February 2019. Prior to joining ALEDA, he worked for the Salton Sea Authority in Riverside, CA. He has experience in legislative policy and strategy, outreach coordination and awareness campaigns, long-range planning, and working within federal, state, and county levels of government. There is still time to register! 1. Visit the Registration Page 2. Click "Buy Ticket" 3. Select Ticket Type 4. Press "Continue" s. Enter Attendee Information 6. Complete Payment Help us spread the word about the Symposium by sharing our symposium with your EV aligned network! Feel free to simply forward this newsletter, or send your own email, newsletter, or social media posts using sample communications from the promotional kit below. For more information, visit our event website with the link below, or reply back to this email. Thank you, Recharge America Team This email was sent by stephaniedorman(a�recharge-america.orq to dhickmanc@ifound.org Not interested? Unsubscribe I Manage Preference I Update profile Recharge Minnesota ( Copyright© 2022. All rights reserved 4 4) 0 t1 `T• RECHARGE A M[ N 1 C A CAROLYN FOUNDATION OLSETH FAMILY FOUNDATION 4 4) SCHMIDTKE FAMILY FOUNDATION RECHARGE A M[ N 1 C A CAUTION: This email originated from OUTSIDE the Initiative Foundation. Do NOT click on any links or open attachments unless you recognize the sender and know the content is safe. INDUSTRIAL & ECONOMIC DEVELOPMENT COMMITTEE 2023 ACTION STATEMENTS Mission Statement: The Monticello IEDC will advocate industrial and economic growth within the City of Monticello by promoting awareness and communication efforts on behalf of the business community. Goal: The IEDC is dedicated to being pro -active in following the objectives and policies established in the Monticello Comprehensive Plan. It is the intention of the IEDC to work within the areas identified below as supporting objectives and actions. Objective: Workforce Development, Job Creation and Retention 1. Encourage and Support Business Retention within Monticello. a. In collaboration with Wright County Economic Development Partnership (WCEDP), conduct Business Retention (BR&E) visits with key business in the community to help grow stronger relationships between businesses and Governmental units. b. Using shared information and relevant data points obtained in BR&E visits, assemble a Business Retention Action Plan and present to policy makers as needed. c. Market and present various assistance programs available via the City and EDA. 2. Enhance Workforce Development through Partnerships with Local Educators, Businesses, Organizations and Agencies. a. Based on the need of the businesses, partner with Wright County and key leaders of our local businesses, educators, and others to develop and execute a Workforce Development Plan. b. Collaborate with and support the Monticello School District in growing their initiatives to bring businesses into the classrooms. c. Explore and support ways business can bring relevance to educational classes & programs. d. Collaborate with the Wright Technical Center (WTC), Buffalo, in developing and promoting career training programs and courses. e. Continue to engage stakeholders to raise awareness of labor force demographics and potential solutions such as youth career building initiatives. f. Support residential land development and workforce housing as it correlates to workforce development. 3. Recognize the contributions of Monticello manufacturers through organization of and participation in industry -related events. a. Promote and organize Manufacturer's Week 2023 events. b. Organize and hold a Manufacturer's Week Appreciation Breakfast. Objective: Industrial Growth and Tax Base Expansion Through Recruitment and Retention 1. Support the recruitment of business which further the goals and objectives for the community as guided by the Comprehensive Plan. a. Participate in implementing the Integrated Marketing and Communications Plan (IMCP). b. Support exploration of development of an incubator -accelerator as way of supporting start-up businesses and entrepreneurs into the community. 2. Continue to lead the City in moving forward key transportation projects which support economic development. a. Participate in the "Business Day at the Capitol" event(s) and lobby on behalf of the Monticello community to help City staff bring attention to our local transportation needs. b. Support and collaborate in the creation of a needs -based transportation priority statement for lobbying/support purposes. c. Encourage and support key transportation projects which improve product delivery for businesses, such as interchange, freeway, and bridge crossing projects. d. Identify specific benefits of a 3rd interchange to businesses and/or community and support policy encouraging future development of the interchange. e. Monitor the CMRRPP (Central Mississippi River Regional Planning Partnership) initiative and offer comments on various land and transportation system development plans. 3. Identify, evaluate, and provide recommendations in an advisory capacity to the City regarding general land use, industrial land supply and availability, tax base matters and economic development. a. Periodically evaluate current property inventory and uses for Industrial properties with the objective of better marketing efforts. b. Monitor industrial land availability with the following metrics: 1. Total acreage with developed infrastructure, zoned, and available to purchase and the maximum acreage of a contiguous, buildable lot. 2. Total acreage with undeveloped infrastructure, zoned, and available to purchase. Owner contact information. 3. Total acreage preserved in Land Use Plan for future development. c. Monitor and support periodic review of accessibility to Interstate 94 and State Highway 25 and utility capabilities. d. Monitor and provide comments of the site selection process related to locating future industrial -business park development. e. Monitor the status of the Monticello Nuclear Generating Plant in relation to its license renewal in 2030 and as it relates to potential NW Interchange (Orchard Road) Land Use and Environmental Studies. 4. Support community quality of life initiatives which enhance Monticello's objectives for high quality development across the land use spectrum, including residential, commercial, industrial, and civic uses. a. Support and encourage the development of the Bertram Chain of Lakes Regional Park and recommend the development of a pathway connection to Monticello Businesses. b. Promote CentraCare Health Monticello to industrial businesses. c. Develop a visioning worksheet to get IEDC members views on residential, commercial, and industrial needs and challenges related to needed future planning and ordinance changes. d. Review and coordinate public and private actions with parks and trails. e. Support review of childcare services barriers, opportunities, programs, and collaborate, as needed, with partner entities in lobbying to enhance and support efforts to bring economical childcare services into the community. f. Support and enhance efforts to recruit a new restaurant and lodging facility into the City. 5. Support and facilitate regional development plans and initiatives. a. Support the implementation of the Regional 2022 CEDS (Comprehensive Economic Development Strategy) Update Plan through strategy review, feedback, and identification of local projects for federal funding support. b. Monitor the CMRRPP (Central Mississippi River Regional Planning Partnership) initiative and provide comments, as appropriate, on various stages of plan development. 6. Promote communications & engagement with Monticello businesses and prospects. a. Create and host a Monticello business round table event which will offer businesses a platform for discussion and information sharing about financial assistance programs, development entitlement processes and labor training funding resources. b. Facilitate "Industrial Round Tables" allowing sharing of information about available industrial sites, development financial assistance programs, labor training funding programs and entitlement review and approval processes. c. Sponsor networking individually and in small groups for input. Completed Residential Projects Project Name 1 Rivertown Apartments 2 Deephaven Apartments 1st, 2nd Buildings 3 Haven Ridge 1st Addition 4 Carlisle Village 6th Addition 5 Willow's Landing Senior Living (65+) Residential Projects in Progress Project Name 6 Deephaven 3rd Building 7 StonyBrook Village 8 Featherstone 5th Addition 9 Edmonson Ridge 10 Featherstone 6th Addition Approved Projects Yet to Break Ground Project Name 11 Monticello Lakes 12 Twin Pines 13 Block 52 First Addition 14 Headwaters Twinhome Senior Living (55+) 15 Headwaters West Senior Apartments (55+) 16 Haven Ridge 2nd Addition Concepted-Proposed Projects Project Name 17 Tamarack Development 18 Duffy Development LIHTC Total Multi -Family Unit Count From Above 883 (10 Affordable Non -Senior) Senior Multi -Family Unit Count From Above 227 (41 Affordable) Monticello Residential Developments Since 2020 Housing Type Unit Count Multi -Family Apts 47 Units (10 Aff) Multi -Family Apts 114 Units Single -Family Homes 27 Units Single -Family Townhomes 73 Units Multi -Family Apts 125 Units Housing Type Unit Count Multi -Family 51 Units Single -Family Twinhomes 28 Units Single -Family Homes 26 Units Single -Family Homes 54 Units Single -Family Homes 21 Units Housing Type Unit Count Multi -Family Apts 200 Units Multi -Family Apts 93 Units Multi -Family Apts 87 Units Single -Family Twinhomes (40% Affordable) 60 Units (24 Aff) Multi -Family Apts (40% Affordable) 102 Units (41 Aff) Single Family Homes 59 Units Housing Type Unit Count Single -Family Homes 162 Units Multi -Family Apts and Two Unit Townhomes 64 Units Total Single -Family Unit Count From Above 510 Senior Multi -Family Unit Count From Above 60 (24 Affordable) Completion Date 6/1/2020 May -22 Oct -21 May -22 Sep -21 Construction Start Oct -21 Apr -22 22 -Jul Jun -22 Aug -22 Est. Construction Start Summer or Fall 23 Spring 2023 Fall 2022 Fall 2022 Spring 2023 TBD Est. Completion Date Sep -22 Summer 2024? TBD TBD TBD Est. Completion Date End of 2024 Summer 2024 Spring 2024 Summer 2024 Summer 2024 TBD Est. Entitlment Approval Timeline Nov -22 TBD Aug -23 Mar -25 Date of Company Name Business Category Project Description Contact IL Retained lobs New lobs Total Investment 5/22/2018 Karlsburger Foods Food Products Mfg. Facilty Expansion 11/29/2018 Project Blitzen Precision Machining Exist Bldg or New Const. 3/28/2019 Project Nutt Co -Working Space Existing Building 5/9/2019 Project FSJP Light Mfg -Res. Lab New Construction 8/16/2019 Project Jaguar Office New Construction 1/20/2020 Project Panda v3 Service -Child Care New Construction 12/23/20- 6- Project TDBBST Industrial New Construction 30-22 $1,400,000 Active Search 22,000 sq. ft. 2/16/2021 Project Cold Industrial -Warehouse -Di New Construction 10,500 sq. ft. 0 stri $4,100,000 3/19/2021 Project Orion Warehouse-Distributi on New Construction 2/28/2022 Project Emma II Light Ind -Assembly New Construction 6/16/2021 Project UBAA Child Care Services New Construction or Exist 6/30/2021 Project Ecosphere Industrial Tech Mfg. New Construction 03/03/2023 Project BA710 Lt Assem-Distribute New Construction 6,500 to 7,000 sq. ft 0 10 10/28/2021 Building -Facility Retained lobs New lobs Total Investment Project Status Project Shepherd III Lt Assembly Distribution New Construction 75,000 sq. ft. 75 4/28/2022 Project Cougar 20,000 sq. ft. +/- 42 10 to $4,500,000 On Hold 20 12,000 sq. ft. 10 $1,200,000 Concept Stage ? ? ? ? Concept Stage 20,000 sq. ft. 0 20+/- $1,400,000 Active Search 22,000 sq. ft. 22 4 $2,700,000 Active Search 10,500 sq. ft. 0 21 $4,100,000 Active Search 10,000 to 15,000 sq. 0 9 $1,850,000 Concept Stage ft. 80,000 sq. ft. 0 21 $12,000,000 Concept Stage 832,500 sq. ft. 0 500 $125,000,000 Active Search 40,000 sq. ff. 0 4 $4,185,000 Active Search 5,000 sq. ft. 0 14 to 19 $2,000,000 Act Search 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 10/28/2021 Project Stallion Technology Servicer New Construction 42,000 sq. ft. 40 2/7/2022 Project Shepherd III Lt Assembly Distribution New Construction 75,000 sq. ft. 75 4/28/2022 Project Cougar Precision Machining -Mfg. New Construction 35,000 to 45,000 sq. ft. 38 $650,000 Active Search $3,600,000 Paused $10,500,000 Dev Agrmt Approved $4,700,000 Active Search 8/11/2022 Project Sing Precision Machining New Construction 400,000 sq. ft. 0 500 $90,000,000 Active Search 10/28/2022 Project IAG Mfg. New Construction 300,000 sq. ft.? 0 50? $70 to $80,000,000 Active Search 11/9/2022 Project Tea Mfg New Construction 25,000 sq. ft. 55 20 $5,800,000 Active Search 12/13/2022 Project Love Mfg New Construction 250,000 130 $24,000,000 Active Search Contacts: M =03 YTD = 5 AGENDA REGULAR MEETING - MONTICELLO PLANNING COMMISSION Tuesday, March 7, 2023 - 6:00 p.m. Mississippi Room, Monticello Community Center Commissioners: Paul Konsor, Andrew Tapper, Eric Hagen, Teri Lehner, Melissa Robeck Council Liaison: Charlotte Gabler Staff: Angela Schumann, Steve Grittman (NAC), Hayden Stensgard, and Ron Hackenmueller 1. General Business A. Call to Order B. Consideration of approving minutes a. Joint Workshop Meeting Minutes—February 7, 2023 b. Regular Meeting Minutes—February 7, 2023 C. Citizen Comments D. Consideration of adding items to the agenda E. Consideration to approve agenda 2. Public Hearings A. Consideration of an Amendment to the Monticello Zoning Ordinance Related to Retail Rental Uses Including, but not Limited to Definition, Zoning Districts and Standards Applicant: Michelle Rice B. Consideration of an Amendment to the Monticello Lakes Planned Unit Development District affecting parking, accessory buildings, lot coverage, and related site impacts. Applicant: Monticello Lakes, LLC. C. Consideration of an Amendment to the Monticello 2040 Vision + Plan (Comprehensive Plan), Chapter 3, "Land Use, Growth and Orderly Annexation", re -guiding certain parcels from their existing Industrial designations to alternative Industrial, Employment, and Commercial categories, and amending the text of the Plan to add flexibility for implementation of the Plan's goals and land use objectives. Applicant: City of Monticello D. Consideration of an Amendment to the Monticello 2040 Vision + Plan (Comprehensive Plan), Chapter 3, "Land Use, Growth and Orderly Annexation" as related to Future Land Use Designations and Map; Consideration of Rezoning 108 Thomas Circle from 1-1, Light Industrial District to Industrial Business Campus (IBC) District. Applicant: Darrin Juve 3. Regular Agenda A. Consideration of Community Development Director's Report 4. Added Items 5. Adjournment From: Haley Foster To: Angela Schumann; Jim Thares Subject: IMCP Council Connection info Date: Monday, February 6, 2023 1:26:01 PM Attachments: MMA Slides. Updated2.rng Here's the recap I provided to council in the Council Connection —Angela, I know you had some questions about what it entails, hopefully this breaks it down a bit further. Feel free to share with the IEDC/EDA/Planning Commission as well, and I'm available if you need help with any questions from our committees. Preparing for Launch: The 2023 Integrated Marketing and Communications Plan As part of the 2022 Community Economic Transition (CET) Grant, we budgeted for an integrated marketing and communications plan. The purpose is to create a plan that will assist in achieving Monticello's economic development goals. With the help of the EDA, local businesses, and area youth we were able to identify these priorities for the campaign. 1. Employee Recruitment & Retention 2. Executive Leadership Positions Recruitment 3. Manufacturer Retention, Recruitment, and Attraction 4. Redevelopment & Revitalization 5. Relationship Building We will be launching a 6 -month campaign at the end of March/beginning of April. We used CET funds to pre -purchase the following advertising, and the campaign goals they align with: $5,850 for for pre -pay advertising in the states of MN, SD, and ND — they offer digital ads (banner ads, like the one shown here, that will display on various websites) and geotargeting ads (targeting people in specific area based on their location and interests, primarily displayed on cell phones). We will be targeting several Manufacturer and Entrepreneur specific events and meetings with the geofence. (Goals 1, 2, 3) $2,150 for )iamond Sponsor Packaae with Midwest Manufacturers (MMA), (Goals 3, 4, 5). This promotes to ALL affiliates - MMA, CMMA, & TSMA - and includes: • Home Page Slider Ad • Enhanced Membership Listing Newsletter Ads 1 Dedicated E -blast to Memberships • 1 Dedicated Post on Facebook, Instagram, and Linkedln $2,000 for the Manufacturers Alliance Custom Bundle (Goals 3, 4, 5) • 3 webinar ads - example below (Slide in the webinars and the host reads a provided script from sponsor, tag in Social Media post. Typical webinar hosts 50-100 virtual attendees). 0 2 podcast ads (Host to read provided script from the sponsor at beginning of each podcast, tag in Social Media post. Average 4,700+ listeners each month). 1 bonus podcast guest episode (Be a guest on one podcast episode. Includes a Podcast topic planning meeting). Jim, Angela, & Haley will be on the podcase in June 2023. A podcast planning session will be in May. 1 service company membership (One year of company membership for the calendar year of 2023). Memberships also give us access to the MFRALL Directory for potential contacts. Haley Foster Communications & Marketing Specialist City of Monticello 763-271-3202 www.ci.monticello.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, • IAt�s S The CHIPS Act, the Inflation Reduction Act and the Infrastructure Act will all pour billions of dollars into domestic manufacturing. But there's a huge question lurking, and the stakes are high. GLOWIMAGES ^ o� MANXa c+"vr11 O IN THIS ARTICLE Commercial Real Estate Industry Government & Regulations Industry Playbook Topic National Topic By Andy Medici Senior Reporter, The Playbook, Feb 28, 2023 O Listen to this article 12 min Ford Motor Co. is planning a $700 million investment in a manufacturing plant in Louisville, Kentucky — and another $11.4 billion investment in two separate nearby battery plants. In October, Micron announced it would invest up to $loo billion in upstate New York to build the largest semiconductor fabrication facility in the United States. President Joe Biden touted $30o billion in announced investments in American manufacturing facilities over the next few years in his annual State of the Union Address to Congress — and promised a bright future for American manufacturing in general. But even as politicians argue about whether American manufacturing is poised for a comeback — or if it ever really left at all — hundreds of billions of dollars in federal incentives, state governments and local investments are poised to potentially transform the manufacturing landscape, the thousands of business owners that a part of that supply chain and the tens of millions of workers it represents. The stakes are high. An analysis by the McKinsey Global Institute says that restoring manufacturing growth could boost America's GDP by 15% over the current decade, potentially creating 1.5 million new jobs. Many are optimistic, but some significant obstacles remain. "Anyone who says manufacturing is dead in this country doesn't know what they're talk about;" said Farzad Dibachi, a former Oracle executive -turned serial founder and current CEO of industrial maketplace and services company Inxeption. "There is not a single country that would not love to buy American if they could:' He said while lower -end and consumer manufacturing is now dominated by countries such as China, the increasing technological content of manufacturers' goods gives American manufacturing an edge. He stressed that American manufacturers are best able to take advantage of a trend in which products increasingly are rich in features — such as GPS, electronics and more. "There are not many countries on this planet that can innovate around these features;' Dibachi said, adding that the United States cannot compete on cost but on overall technological quality. "When the technology content goes up, there is no question that we win that fight all the time, every time:' But he stressed that politicians and government officials should not focus on the number of jobs created as automation and technology makes sheer numbers less important — and instead focus on creating favorable conditions for the next wave of manufacturing innovation. "The conversation should be around embracing the next movement as opposed to lamenting the number of jobs. If we did that, this would be a much more positive conversation, and it results in better results for the country as a whole," Diabchi said. Some experts are not so sure. "I don't think we are;" said Steven Blue, CEO of manufacturer Miller Ingenuity, and author of "American Manufacturing 2.0: What went wrong and how to make it right" He said American manufacturing cannot compete on price with items produced overseas, including China, even with significant tariffs or subsidies. Any manufacturing comeback would have to be predicated on helping manufacturers by reducing trade barriers. "The biggest obstacle to manufacturing in a global business world is trade barriers;" Blue said. "Now is not a trendy time politically to remove that barrier:' Instead, manufacturing companies should work on reducing their debt and strengthening their balance sheet by cutting costs and making sure their workforce is as productive as possible, Blue said. "What are you going to do when the net pandemic arrives? I don't know if it's gonna be an economic pandemic. I do know a big shock is coming next because they always come. Don't be surprised when it happens;" Blue said. Are American manufacturing jobs coming back? Biden focused a lot on the number and quality of jobs in his State of the Union Address. He stressed the country added 800,000 "good -paying manufacturing jobs:' He pointed to Intel's intention to build a semiconductor factory outside of Columbus, Ohio, that would create 3,000 permanent factory jobs. "Jobs paying an average of $130,000 a year, and many do not require a college degree. And jobs — because we (43 worked together, these jobs where people don't have to leave home to search for opportunity," Biden said. Biden is not the only politician that has stressed the number of manufacturing jobs. One of the biggest political drivers around American manufacturing is the promise to bring back jobs lost over the decades. In January 2023, the manufacturing industry reported roughly 12.99 million jobs, the highest it has been since November 2008. It's also slightly above the pre -pandemic manufacturing workforce, which took a big hit from Covid-19 and plunged to about 11.4 million workers in April 2020. Of course, while absolute jobs are growing, the share of manufacturing jobs as a percentage of the overall economy has shrunk from a peak of roughly 39% in the 1940s — the height of World War II — to roughly roughly 8.4% in January 2023. Overall, manufacturing's share of nominal gross domestic product has fallen from around 27% in the early 1950s to about 11%. But, as a study by the St. Louis Branch of the Federal Reserve shows, manufacturing as a share of real GDP, which removes pricing effects from the data, shows changes in GDP over the decades come from changes in pricing — and U.S. manufacturing output has remained largely the same over the decades, hovering at about 12% or "Since 1947, the price level for the overall economy has grown 3.2% per year on average, while prices for manufacturing have grown just 2.2% per year;"the St. Louis Fed said in a 2017 report. And even if American manufacturing were to bounce back, experts say a combination of automation and cost will likely mean that the number of jobs will be limited. Shanton Wilcox, U.S. manufacturing lead at PA Consulting, said the new manufacturing push into semiconductors, electric vehicles and batteries isn't so much about adding workers as it is transforming the workforce to compete in these highly automated industries. "It's not a net new increase but a new shift in the skills and in the wages relative to those skills," Wilcox said. "It's a transformation of the manufacturing sector but not a comeback form a volume point of view:' The assembly line for an electric vehicle is far different from a traditional vehicle, he added, and the addition of robots and automation means less need for the same workers as older vehicles. But the manufacturing industry — like most American industries right now — still suffers from a shortage of workers, he added. The National Association of Manufacturers says job openings in the United States average about 81000 per month over the last year — which pushed the group to launch "Creators Connect;' a digital career services platform to showcase opportunities to students, parents and career influencers. The labor shortage has been ongoing since the Covid-19 pandemic. In fact, despite the economic headwinds, job openings actually increased from 10.44 million at the end of November to about 11 million at the end of December, according to the new Job Openings and Labor Turnover Report from the Bureau of Labor Statistics. That matches levels seen in July 2022, but is still down from the 11 It's also significantly higher than the average 7 million to 8 million range typically seen before the pandemic, and some experts say employers should get used to it and the challenges the dynamic is causing — especially with a smaller Gen Z entering the workforce and the large baby boomer generation aging out. The metros it where Gen Z could be a particularly tough challenge 30 METROS WHERE GEN Z COULD BE A BIG CHALLENGE VIEW SL.IDESHOW Q 31 phn{n Here are the 30 metros with the largest gaps between those ages 10-24 and those ages 25-39, according to data from the 2020 Census. The CHIPS Act, Infrastructure Act and the Inflation Reduction Act — and the future of American manufacturing Experts agree the future of American manufacturing is closely tied to national security and hundreds of billions of dollars of government investment. The CHIPS Act, or "Creating Helpful Incentives to Produce Semiconductors and Science Act of 2022;' authorized $280 billion in tax credits, research and development, loans and other related programs to bolster the creation of chips stateside. The $1.2 trillion Infrastructure Act contained tax credits for electric vehicles, charging infrastructure, research and development, and money to bolster high- speed internet, roads and more. The Inflation Reduction Act created direct loan programs for re-equipping, expanding or building a manufacturing facility in the U.S. to help build "low -emission" vehicles, among other items. Dibachi said the subsidies and tax breaks can often help push new entrants to try their hand in a nascent industry, 07 or boost purchases of a new product a certain — but ultimately the new industries have to sink or swim on their own. "I think subsidies are great;' Dibachi said. "They make politicians feel good about themselves. But ultimately, if the Tesla car was not interesting to people, they wouldn't have bought it. On the fringes, they help:' But Wilcox said the subsidies are great for temporarily lowering the cost of producing goods made in America and boosting manufacturers' decisions to produce those products — such as the next generation of computer chips. The national security implications of homemade production of computer chips also made ramping of domestic production a more bipartisan issue. "The political competition of us versus China and the disruption in supply of those chips — you add that political national security tag — and you have more bipartisan support for [this] legislation," Wilcox said, adding there are even calls to limit other products produced by China. "Hey, we have to build that capability here." The Covid-19 pandemic also played a role in showcasing how important domestic manufacturing and the global supply chain was — nobody seemed to enjoy hunting for toilet paper or waiting months for a car. "As we moved through 2020 and 2021 and the pandemic period, we experienced a lot of pandemic -induced global supply chain stress," said Moody's Analytics' Senior Economist Ermengarde Jabir. "This was both for intermediate goods in the manufacturing process and also final goods, both of which were out of stock for prolonged periods of time. That played a large role in having the highest inflation we had seen in the U.S. in 40 years:' She said manufacturing has been a "superstar" of the commercial real estate industry over the last two years as office space has slumped and as demand for warehouses and specialized infrastructure continues into 2023. "The industrial sector is continuing to thrive. It's been the absolute superstar of CRE over the past few years now. And developers and landlords are definitely willing to build out specialized infrastructure and warehouses to meet tenant manufacturing needs as they develop and improve domestic manufacturing;' Jabir said. But efforts to transform manufacturing processes or pivot to new technologies won't be a quick process. New factories take years to fire up and workers need to be trained, Wilcox said. Thousands of smaller manufacturing suppliers need to find a way to make the jump from old products and services, such as the ones needed for traditional gas vehicles, to the ones needed for electric vehicles or other products, he said. And, as demand for new products increase, there will be secondary impacts, Wilcox said. For example, increased demand for electric vehicles will require stronger electric grids. "It will be a retooling and re -skilling of existing manufacturing resources. All of that is going to take time. Five, 10, 15 years those are the types of intervals we need to be looking at;" Wilcox said. And manufacturing is moving in the right direction, Jabir said. "Strong manufacturing definitely matters for a heathy SAVE MY SPOT ECONOMIC DEVELOPMENT UPDATE FEBRUARY 27, 2023 al<<:; l .pf �� �kr 710% A YEI GOF PROJECTS • Block 52 • Headwaters 07th street • Wiha Tools • Washburn • Suburban ig 2022 EDA WORK PLAN FOCUS (FROM MONTICELLO 2040 VISION + PLAN) Downtown Redevelopment Industrial/Commercial Development Housing Development Labor Force Development MON ELLO Monticello rJ �MONTICELLO EDA ,, 2022 GUIDING FRAMEWORK • Match projects with tools &programs • Keep goal line in mind • Policy, workplan, and scorecard data guidance • "T's" & "Eyes" • Collaboration: internal and external partners n BLOCK 52 REDEVELOPMENT Jh M_ • Mixed use commercial -residential • 87 market rate apartment units • 301000 sq. ft. commercial space • Project cost: $26.5 million •TIF and MN -DEED Redevelopment Grant • $225,000 annual new taxes + 45 FTE jobs • Senior (55+) housing development 102 -unit apartment building • 41 affordable units (income LPr threshold 60 o or < ami) Project cost: $22.5 million • Affordable Housing TIF 1-42 • 60 Twin homes (30 pad sites) _..... - • 24 affordable units (income threshold 60 % or < ami) • Project cost: 20.5 million HEADWATERS • Affordable Housing TIF 1-43 DEVELOPMENT WEST I ig WIHA TOOLS WAREHOUSE FACILITY • Two phase project— Phase 1: 75,000 sq. ft. -12 -acre site • Project development cost $13,000,000 +/- • 41 new fte jobs; current fte employee 68 •Job Creation Fund (JCF) Grant (MN -DEED) $660,000 • MN Investment Fund (MIF) Grant (MN -DEED) $220,000 • Economic Development TIF District 1-46 • Phase 1 Annual Tax Increase: $112,000 • Phase 2: 80,000 sq. ft. in 2028 + 25 more new fte jobs OTHER PROJECTS Industrial/Commercial Development 11-11151f,11 • Project Suburban —Site Sale (OCBP) 21,400 sq. ft. • Project Stallion Expansion (43,000 sq. ft. —Prelim funding steps including initial TIF Steps • Project Singularity Site Search Packet • Project Wafer Site Search Packet • Project CET (Community Energy Transition) — Grant -Deliverables Studies-Rpts. ig 2022 ECONOMIC IMPACT SUMMARY • Total Project Costs = $88,602,000 • Private Capital Leveraged = $78,003,538 • Total Awarded State Funding Assistance = $1,611,500 • Projected TIF Assistance (5 TIF Districts) _ $8,1753,962 • Project Based EDA Grant Awards = $447,400 • New FTE job creation = 137 • Annual Property Tax Increase = $690,000 ECONOMIC DEVELOPMENT TOOL KIT • TIF (TAX INCREMENT FINANCING) • LOAN PROGRAMS (2); GMEF and SCDP • FACADE IMPROVEMENT LOAN PROGRAM • COLLABORATIVE PARTNERS (WC, IF) • STATE ASSIST PROGRAMS; MIF, JCF, BDPI,, • TAX ABATEMENT • FEDERAL ASSIST PROGRAMS; EDA, RD TED v a�I ECONOMIC DEVELOPMENT OVERVIEW TIF Districts Established Site -Development Assistance Land Acquisitions Land Sales GMEF Loans (Amended) SCDP Loans State Grants Received * Time frame 12-01-21 to 12-31-22 (13 months) FOLLOW UP PROJECT ADMINISTRATION (Ongoing through Project Closeout) • 3 GMEF Loans (loans are current) • 1 SCDP Equipment Loan (loan is current) • 8 TIF District Compliance Reports • 6 Business Subsidy Compliance Reports • CET Grant Admin Activities Admin - MN -DEED Redevelopment Grant 1knticl� • 2 MIF Grants IEDC ACTION PLAN • Business retention and expansion • Workforce training -' • Marketing plan review and implementation LL Manufacturing recognition event King eanaian, Ph.d. _ vrafn,or of E --in a oras of the Schaal of Public Affairs at SCSU IEDC 2 -.mm • Business retention and/or expansion visits (2) • Review and comment on the Integrated Marketing & Communications Plan (IMCP) • Review and comment on the Comprehensive Economic Development Strategy (CEDS) • 2022 Manufacturer's Recognition Breakfast Event *ACCOMPLISHMENTS I ig fP1APZM1#YAA1P&1 EDA Meetings :j: IEDC Meetings 20 Regular Meetings 13 Special Meetings 1 Joint Meeting 11 Regular Meeting JAI CITY OF Monticello Monticello EDA Meeting Decer.I*r 1�d� 2C22 QUESTIONS? Jim Thares,, Economic Development Manager 763-271-3254 1 jim.thares@ci.Monticello.mn.us