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IEDC Agenda - 09/03/2024AGENDA INDUSTRIAL & ECONOMIC DEVELOPMENT COMMITTEE (IEDC) Tuesday, September 3, 2024 7:00 a.m. at Monticello Community Center Members: Chairperson Luke Dahlheimer, Vice Chairperson Jarred Merchant, Sarah Kortmansky, Sam Murdoff, Eric Olson, Joni Pawelk, Darek Vetsch, Wayne Elam, Andrew Tapper, Randy Skarphol, Rob Stark, Tony Velishek, Cory Ritter, Liz Kokesh Liaisons: Rachel Leonard, Angela Schumann, Jim Thares, Missy Meidinger, Deb Meyer, Dave Tombers, Tim Zipoy 1. General Business A. Call to Order B. Consideration of Adding Items to the Agenda C. Manufacturer's Week Appreciation Breakfast Update— Friday, October 11, 2024 2. Regular Agenda A. Table Topic — Department of Building Safety & Code Enforcement — Ron Hackenmueller, Chief Building Official 3. Liaison Updates A. Wright County Economic Development Partnership (WCEDP) B. Chamber of Commerce C. Economic Development • Project Update • Prospect List • September 3, 2024, Planning Commission Agenda D. City Council Update 4. Next Meeting Reminder— Date: Monday, November 4, 2024 -as per new meeting schedule 5. Adjournment (8:00 a.m.) Industrial Economic Development Agenda: 09/03/2024 2A. Table Topic — Department of Building Safety and Zoning Code Enforcement — Ron Hackenmueller, Chief Building Official Prepared by: Meeting Date: ® Regular Agenda Item Administrative Assistant 9/3/2024 Reviewed by: Approved by: Community Development Director Community Development Director REFERENCE AND BACKGROUND Ron Hackenmueller, Chief Building Official, will provide an overview of the Department of Building Safety activities over the past year, including building permit and development trends. IEDC Agenda 09/03/24 3C. Economic Development Updates Prepared by: Meeting Date: ® Liaison Updates Economic Development Director 09/03/2024 Reviewed by: Approved by: N/A N/A REFERENCE AND BACKGROUND Information overview by Jim Thares, Economic Development Manager. IEDC members are encouraged to ask questions as so inclined. Attachments include the Project Updates report, the Prospect List and the Planning Commission Agenda (09-03-24 Mtg.). • Exhibit A. Project Update • Exhibit B. Prospect List • Exhibit C. Planning Commission Meeting Agenda — September 3, 2024 IEDC Agenda: 09/03/24 Project Update Headwaters Villa Twin Homes: The 60-unit Phase 1 twin home housing development project for ages 55 + on 7th Street West is progressing with modular units being placed on the foundations. This work is expected to occur for the remainder of 2024. The 22 twinhome unit Phase 2 project received all approvals by the EDA and City Council (TIF (1-42 modification -amendment). A total of 82 twinhome units will be constructed in phases 1 and 2. Of those a total of 33 must be rented to household with incomes below 60 percent of the area median income which is currently $95,259. Block 34 Redevelopment Efforts -Steps Update: In late June (06-27-24), the EDA closed on the purchase of a key parcel in Block 34. With that purchase, the EDA and City now control over 86 percent of the land area in the 2.36-acre Block. As a next step following the purchase transaction, a Request for Information (RFI) packet related to Block 34 was completed and recently provided to the EDA for review and approval. The EDA reviewed the RFI packet in a workshop on July 10, 2024, and approved the final packet on July 24, 2024. RFI packets were mailed to 25 developers in the region in mid -August. The response date is September 30, 2024. The packet has a lot of information about the existing conditions and challenges (municipal wells) in the Block as well as outlining the vision and opportunity for a quality mixed use redevelopment in quarter or half block sizes in the next couple of years. Fairfield By Marriott Hotel Development: The Fairfield By Marriott Hotel Development proposal received land use entitlement approvals from the City Council at the July 22, 2024, meeting. A 10-year Tax Abatement Agreement was also approved (this is really a tax rebate meaning the hotel will pay is property taxes and then it will be rebated or reimbursed back to the developer as assistance to pay for a small portion of the development costs. The total amount of the tax abatement (not to exceed) is $378,515. This is approximately 2 percent of the total project investment of $19,500,000. The City evaluation scoring indicated this project had a score of 35. This is similar to scores for UMC's expansion and the Wiha Tools new facility development project. Wright County also approved a Tax Abatement Agreement (on its portion of the property taxes) at its August 20, 2024 IEDC Agenda: 09/03/24 meeting. That amount is projected to be approximately $366,410 or about 1.9 percent of the total investment over a 10-year period. PROSPECT LIST 08/26/2024 Date of Contact Company Name Business Category Project Description Building -Facility Retained Jobs New Jobs Total Investment Project Status 5/22/2018 2/28/2022 10/28/2021 4/28/2022 Karlsburger Foods Project Emma II Project Stallion Project Cougar Food Products Mfg. Light Ind -Assembly Technology Service Precision Machining -Mfg. Facilty Expansion New Construction New Construction New Construction 20,000 sq. ft. +/- 20,000� 42,000 sq. ft. 35,000 to 45,000 sq. ft. 42 0 10 to 20 4 40 38 $4,500,000 $1,350,000 $3,600,000 $4,700,000 On Hold Active Search Active Search 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 4/20/2023 Project Lodge DH1 Lodging -Service New Construction ? ? $9,500,000 to $12,500,000 Active Search 4/20/2023 Project Lodge RS2 Lodging Service New Construction ? ? ? $9,500,000 to $12,500,000 Active Search 5/30/2023 Project Flower-M &M Commercial Concept Expansion ? ? ? ? Concept 6/9/2023 Project Pez Mfg New Construction 6,000 to 8,500 sq. ft. 12 2 $1.300,000 Active Search 7/1/2023 Project V-MOB MOB New Construction 175,000 +sq. ft. ? $21,000,000 Identified Site PROSPECT LIST 08/26/2024 Date of Contact Company Name Business Category Project Description Building -Facility Retained Jobs New Jobs Total Investment Project Status 8/16/2023 Project Lodge RT4 Lodging-Hopsitality New Construction 98 Room Hotel N/A 30 $12,500,000 to $13,600,000 Identified Site 8/31/2023 Project Enclave- W300 Industrial - Warehouse- Distr New Construction 300,000 sq. ft. N/A ? $30,000,000 to $34,000,000 Active Search 9/19/2023 Project Panda #4 SZ Childcare Facility New Construction ? N/A ? $2,000,000+/- Active Search 1/17/2024 Project Tex Industrial New Construction 500,000 sq. ft. 0 100 $500,000,000 Active Search 1/17/2024 Project G Industrial New Construction 1,000,000 sq. ft. 0 ? $120,000,000 Focused Search 1/2/2024 Project Simpl Office New Construction -Build Out 13,303 sq. ft. 23 50 $2,000,000 Identified Site 2/12/2024 Project Lodge- MSMWDC Lodging -Hospitality New Construction ? 0 10 $12,000,000 Identified Site 3/5/2024 Project Panda 20- MS Child Care Facility New Construction 20,000 sq. ft. 0 20 $2,000,000 Active Search 3/29/2024 Project ET-BB-12-9 Industrial Relocate - Existing Bldg 12,000 sq. ft. 12 $1,150,000 Identified Site 4/12/2024 Project Rest B52 Restaurant New build out -Finish 5,000 sq. ft. +/- 0 15 1500000+/- Identified Site 5/30/2024 Project EP-BDDC LACW Data Center New Construction ?? ?? ?? Identified Site 5/31/2024 Project DC2-NWG-GB Data Center New Construction ?? 0 40 ?? Active Search PROSPECT LIST 08/26/2024 Date of Contact Company Name Business Category Project Description Building -Facility Retained Jobs New Jobs Total Investment Project Status 6/28/2024 Project Maxwell Industrial New Construction 150,000 to 200,000 sq. ft. 0 175 $187,000,000 Active Search 7/3/2024 Project Hair Obsess Service Property Acquisition and Renovation 2,100 sq. ft. 14 6 $600,000 Identified Site 7/30/2024 Project EPG 40x2-50 Industrial New Construction 40,000 sq. ft. 0 40 $4,000,000 Active Search Contacts: M = 01 YTD = 26 AGENDA REGULAR MEETING — PLANNING COMMISSION Tuesday, September 3, 2024 — 6:00 p.m. Mississippi Room, Monticello Community Center JOINT CITY COUNCIL/PLANNING COMMISSION WORKSHOP Monticello Community Center 5:00 p.m. Concept Stage Planned Unit Development Submittal for an approximately 150 mixed -unit single-family residential development located within an R-1 (Single-family) Residential District. Commissioners: Chair Paul Konsor, Vice Chair Andrew Tapper, Teri Lehner, Melissa Robeck, Rob Stark Council Liaison: Councilmember Charlotte Gabler Staff: Angela Schumann, Steve Grittman, Ron Hackenmueller 1. General Business A. Call to Order B. Roll Call C. Consideration of Additional Agenda Items D. Approval of Agenda E. Approval of Minutes • Regular Meeting Minutes - June 4, 2024 • Regular Meeting Minutes - August 6, 2024 F. Citizen Comment 2. Public Hearings A. Continued Public Hearing - Consideration of a Request for Amendment to the Camping World Planned Unit Development District as related to required building materials Applicant: Camping World B. Consideration of a Request for Amendment to the Conditional Use Permit for Planned Unit Development District for a Restaurant as a Principal Use and Drive - Through Services as an Accessory Use in the B-4, Regional Business District. Applicant: HAZA Foods C. Consideration of an Amendment to the Monticello City Code, Title XV: Land Usage, Chapter 153: Zoning Ordinance, Section 153.124— Enforcement Applicant: City of Monticello 3. Regular Agenda A. Consideration of a presentation by the Parks & Recreation Director regarding Monticello Tree Canopy B. Consideration to accept the 2024 Housing Workshop Summary 4. Other Business A. Community Development Director's Report 5. Adjournment