EDA Meeting Minutes - 05/14/2025 (Workshop)MINUTES
WORKSHOP MEETING - ECONOMIC DEVELOPMENT AUTHORITY (EDA)
Wednesday, May 14, 2025 — 4:45 p.m.
Academy Room, Monticello Community Center
Commissioners Present: President Steve Johnson, Vice President Jon Morphew, Clint Berglof,
Mayor Lloyd Hilgart, Councilmember Tracy Hinz
Commissioners Absent: Treasurer Hali Sittig, Rick Barger
Staff Present: Executive Director Jim Thares, Community Development Director
Angela Schumann
1. Call to Order
President Steve Johnson called the workshop meeting of the Monticello Economic
Development Authority to order at 4:55 p.m.
2. Roll Call 4:55 p.m.
Mr. Johnson called the roll.
3. Block 34 Preliminary Development Agreement Update -Discussion
Executive Director Jim Thares provided an overview of the agenda item concerning the
preliminary development agreement (PDA) with Kraus -Anderson (KA) Development Co. and
the EDA for Block 34. He noted the language revisions regarding "Exclusive Developer"
versus "Master Developer" and the role of KA for all tasks relating to land entitlement, site
layout and development of the potential Christensen Group (CG) office building, though not
the actual construction of the Christensen Group facility. He further referred to the concept
meeting held earlier in the year and to the CG's desire to construct a 10,000 square foot
one -level office building, though with rising overall costs, CG is further analyzing the merits
of a new building (ownership or rental) versus renewing a lease at their current office in
Monticello that provides additional space.
Community Development Director Angela Schumann noted the preliminary nature of the
agreement and its intent to offer flexibility to the EDA and the developer now. In short, it is
an agreement to work towards a final development agreement that meets the needs of all
parties involved. Steve Johnson said it is somewhat open-ended allowing the ability to build
at the southwest corner of the block without questions to "if" or "when and pondered that
it may serve as a Statement of Intent. All commissioners similarly view the document as
needing to reflect the previous discussions with the parties involved as to the intent of
allowing CG to decide if a new building is the best path for their situation or if not then KA
can proceed with its own concept in sort of a carte blanche approach.
EDA Workshop Meeting Minutes — 05/14/2025
Clint Berglof asked about the status of the current CG office and Jim Thares noted the
location, and lease ending date of September 2026. Angela Schumann stated the
preference by KA is to move in a methodical way forward, and factoring in the location of
the wells on -site and the plans to potentially relocate the wells. She further noted that the
City Council continues to discuss coordinating the relocation of the Block 34 wells with the
opening of the new water treatment facility in 2028. Jim noted the 14-month timeline in
the PDA; 12 months for due diligence with a 2-month extension. Lloyd Hilgart confirmed
the well relocation timeline is best tied to the new water treatment plant
Steve Johnson asked if the vacant 4t" Street NE property owned by the EDA would be a
potential new site for the wells. Jim noted that initial studies indicate that the aquifer in
this area may be adequate, pending further final studies. Angela Schumann agreed that is a
strong possibility. She further reminded the Commissioners that the PDA will come back to
the EDA once additional edits are completed.
4. EDA Land Holdings Review and Discussion
Angela Schumann reminded the EDA of the property holdings workshop discussion held in
November 2023 regarding prioritizing development timelines and what Commissioners
envisioned for the best use of their land. She noted that this is an effort to reaffirm the
EDA's thoughts and priorities on the various land sites. She stated that the comprehensive
plan and the downtown small area plan were also contributing factors for the drafted
overview pertaining to the feasibility work. The EDA priorities were also factored in along
with concept development projects and potential timeframes toward completion. Jim
Thares identified the parcels and solicited EDA comments about the various sites.
River Street
Mayor Hilgart said this lot has little value unless combined with the neighboring parcel or if
used for parking spaces. Councilmember Tracy Hinz agreed to keep this item as a low
priority as noted.
349 West Broadway (former Fred's Auto)
Jim Thares stated the space is currently used for MontiArts as utility space and reported on
the lease expiring in August. He noted the neighboring former post office building as larger
potential redevelopment concept consideration.
Steve Johnson suggested a daycare center might be a good prospect if demolishing the old
post office and former Fred's occurs and noted the building to the east has "for rent" signs
displayed. Mayor Hilgart noted the aged condition of the building. Tracy Hinz agreed that it
is a low priority and that MontiArts should continue to utilize the former Fred's building.
Block 36
Jim Thares said the EDA owns a small narrow parcel on the same block which is part of the
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EDA Workshop Meeting Minutes — 05/14/2025
parking lot in the core of the Block and is covered through an easement. Beef O'Brady's
customers and other businesses use this parking lot. The EDA contributes funding to the
parking maintenance through the easement agreement.
Tracy Hinz asked why the EDA purchased the parcel. Jim Thares said it was due to the
potential for the greenspace and connecting the parking area to the street sidewalk; an
initiative dating back to 2018. The lot is quite small, yet still buildable. Angela Schumann
stated this parcel is within the CCD business district downtown and addressed scenarios in
how the City might use the space with anticipation for growth and renewed downtown
vitality while factoring development of the surrounding area.
Mayor Hilgart noted the fees incurred by the City as being the only loss and suggested
discussing with existing businesses to possibly offer the use of the space for outdoor
seating. Steve Johnson suggested picnic tables supplied by the Rotary could be relocated to
the site for community use or other landscaping means to make it accessible for walking.
Tracy Hinz asked about food trucks selling on the lot. Angela Schumann noted the 500-foot
setback distance from another restaurant, which would not allow the food trucks to be
located here.
Angela Schumann suggested that the EDA consider changing the priority of this project from
low to medium or revisit it again in 6 to 12 months. Lloyd Hilgart said that the EDA should
not be in a rush to sell the parcel though it should be used to benefit the downtown
community. If someone came forward and wanted to build on the small lot, then we should
allow them the opportunity to buy it then.
Cedar Street Site
Jim Thares stated this location is close to the Block 34 site. He described efforts with the
developer that was encouraged to consider potential housing on the site in the fall of 2024.
He also noted that with the site being in the core area of downtown it is an attractive site
and may offer a range of potential concepts. Tracy Hinz said the site would be a great
opportunity for the EDA to challenge themselves to envision how suitable affordable
housing might be a creative approach and suggested multiple dwellings and accessory
buildings.
Steve Johnson envisioned row housing with access off Cedar Street with parking to the
north and mentioned his office is in the building just east of the site and suggested
collaborating with that property owner on access points or possibly acquisition of the
adjacent properties to consolidate land area into a complete frontage redevelopment effort
here.
Mayor Hilgert noted other development options may work as well. If the EDA would
EDA Workshop Meeting Minutes — 05/14/2025
continue to envision this as an affordable housing development, the EDA may want to
consider if adequate space is available for garages and how the parking would work.
Similarly, to Block 52, Ms. Schumann stated an RFP is possible, if desired.
Steve Johnson noted that pedestrians and heavy traffic on Highway 25 are concerns related
to Block 52 which will likely become more of a desirable location for downtown visitors.
Lloyd Hilgert noted parking availability at the sliding hill and potential new parking in the
downtown area.
Angela Schumann stated the priority for this stie is likely high and suggested that the EDA
determine what it would like to see developed at the site, so staff have full understanding
when holding future discussions with potential developers. Staff will try to bring this site
back to the EDA for more direction within the future 12 to 15 months.
Tracy Hinz suggested to think creativity about affordable or senior housing outside of the
traditional scope and spoke about how some cities use the Charles Marohn "Strong Towns"
framework.
Steve Johnson asked if active promotional marketing is occurring for this site. Jim Thares
responded that it is listed on Costar. Steve further asked if the EDA should be advertising
the sale of the site more proactively. Mayor Hilgert said the board should determine its
vision before aggressive marketing. Mr. Angela Schuman said, in July as part of the EDA
budget discussion, staff are hoping to have more marketing discussions with the EDA
regarding various potential promotional campaigns.
4t" & Palm
No changes — Commissioners agreed to leave the site as -is for potential municipal wells in
the future.
71" Street West (former Riverwood Bank property)
Jim Thares spoke on the 14.16 quality acres rated as a high priority and the recent closed
meeting and the follow-on steps which will be back to the EDA later this summer for further
guidance and direction.
Otter Creek Business Park
Jim Thares noted that Otter Creek Business Park (OCBP) has 53.49 usable acres (also
includes 5 non -buildable acres). He noted recent inquiries related to a prospective
developer. Angela Schumann added that staff are asking the developer to submit a
proposal to review with the EDA. Lloyd Hilgert suggested another local entity may have an
interest in one of the OCBP sites as well. Tracy Hinz recognized the efforts by Jim Thares
and appreciates his efforts.
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EDA Workshop Meeting Minutes — 05/14/2025
Steve Johnson indicated that a build -to -suit situation might make sense for the interested
parties.
5. Adiournment
TRACY HINZ MOVED TO ADJOURN THE WORKSHOP MEETING. CLINT BERGLOF SECONDED
THE MOTION. MOTION CARRIED UNANIMOUSLY, 5-0.
MEETING ADJOURNED AT 5:52 P.M.
Recorder: Anne Mueller Ww
Approved: June 11, 2025
Attest:
Jim Thare , ED Executive Director
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