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IEDC Agenda 03-03-2009AGENDA MONTICELLO INDUSTRIAL & ECONOMIC DEVELOPMENT COMMITTEE Tuesday, March 3, 2009 7:00 a.m., Boom Island Room IEDC Mission Statement: To increase the tax base and the number of liveable wage -level jobs in Monticello by promoting industrial and economic growth and working to maintain a desirable business environment. MEMBERS: Chair Lynne Dahl - Fleming, Vice Chair Don Roberts, Bill Tapper, Dick Van Allen, Don Roberts, Dan Olson, Zona Gutzwiller, Patrick Thompson, Rich Harris, Wayne Elam, Marshall Smith, Charlotte Gabler, Elaine DeWenter, Sandy Suchy, Glen Posusta, and Clint Herbst 1. Call to Order 2. a. Approve the Joint IEDC/EDA January 20, 2009 minutes b. Approve IEDC February 3, 2009 minutes 3. Economic Development Director Update 4. Reports: a. City Update b. Fiber Optic c. Chamber 5. IEDC Planning Groups a. Transportation (Bruce Westby will be present to review I -94 improvements) b. Business Retention/Communication (Fall IEDC /EDA Event) c. Land Use Planning 6. Adjournment. (8:30am) JOINT IEDC /EDA MEETING MINUTES Tuesday, January 20, 2009 7:00am, Mississippi Room MEMBERS PRESENT: Lynne Dahl - Fleming, Bill Tapper, Zona Gutzwiller, Dan Olson, Patrick Thompson, Rich Harris, Charlotte, Gabler, Clint Herbst, Glen Posusta, Brian Stumpf, Tom Perrault, Susie Wojchouski, Bill Demeules, Bob Viering, Dan Frie, Wayne Elam, Sandy Suchy CITY STAFF PRESENT: Jeff O'Neill City Administrator, Megan Barnett Economic Development Director, Angela Schumann Community Development Director DISCUSSION: Economic Development Director Barnett reviewed the established 2009 objectives for both the IEDC and EDA: IEDC: Land Use: 1. Review current Economic Development section within the Comprehensive Plan. 2. Review current inventory of City owned industrial land and determine if efforts should begin to obtain additional industrial land for future use. 3. Review current zoning practices (participate in Zoning Code rewrite). Transportation: 1. Review benefit /location of third I -94 interchange. 2. Participate in discussion and research related to mass transit within Wright County. 3. Assist in efforts to begin implementing strategies to alleviate traffic on Highway 25. 4. Begin grass roots efforts to begin planning for an additional River crossing. 5. Support and participate in efforts to expand I -94 corridor. Business Retention /Communication: 1. Complete a Business Survey. 2. Further define purpose and structure forjoint IEDC /EDA events. 3. Continue to assist City staff in the IEDC section of the Monticello Business Insider. EDA: Attracting Jobs: 1. Assist in implementing a Higher Education Center • based on results and direction received from the St. Cloud State study. 2. Start working with Anoka Ramsey or Hennepin Technical college to offer appropriate classes to the businesses community 3. Promote attractions in Monticello: • existing housing options • low utility rates • variety ofretail /commercial /industrial business base • strong health care & cancer center 4. Coordinate with businesses and schools to facilitate "internships" or "on -site job training" Attracting New Businesses: 1. Join in marketing efforts to promote fiber optics • Attract companies that utilize /need higher speed bandwidth 2. Identify what type of businesses are desired (i.e. medical, high tech manufacturing, food/agproducers, specialty services) 3. Use the "Book of Lists" to direct market to potential businesses 4. Provide consistent, up to date, fresh looking marketingpieces 5. Complete TIF analysis /retention project • How can TIF be used for further development /redevelopment 6. Research stateffederal grants available to offer to businesses • Put together a resource guide Put together a `potential new business" professional information packet Job Retention: 1. Include jab retention incentives in the GMEF or Small Cities Economic Set Aside guidelines 2. Support Higher Education Center Expanding Tax Base: 1. Diverse in the areas to target marketing efforts (more than just industrial) 2. Promote gap financing to help facilitate more development 3. Research business incubator business • Building a fewfacility • Purchasing or rehabilitate existingfacility 4. Build on existing business networks — to attract new businesses 5. Look at more land forfuture industrial park — what type of park is it? • Start budgetingfor industrial park monument signs Business Retention: 1. Promote GMEF/ other financing options to the business community 2. Communicate on a regular and consistent basis 3. Provide City (EDA/IEDC) driven events 4. Create a "welcome to Monticello" packetfor businesses — with info on the City, business newsletter, funding /loan options, area "groups" etc. 5. Make further connectionlpartnerships with MN Workforce Center Enhancing Downtown: 1. Work with existing downtown businesses to develop a "redevelopment" or "revitalization " plan 2. Research available grants 3. Look atpreviously established "Monticello downtown revitalization fund" Facilitating Redevelopment: 1. Determine "target" areas for redevelopment 2 • Downtown • Housing • Industrial areas Housing & Redevelopment Authority: 1. Work with Central Minnesota Housing Partnership to distribute State Neighborhood Stabilization Program funds (in the event the City receives approval) 2. Work with local realtors /lenders to help residents address foreclosures 3. Demolish and determine appropriate development potential for 413 4`" Street 4. Continue to be aware ofproperties for sale and determine if such properties would be a good candidate for city purchase 5. Revise Transformation Loan Guidelines to address current conditions Members in attendance discussed aspects of each organizations goals and objectives for 2009: Council Member Stumpf stated he did not want to see the IEDC get too hung up on I -94 without working in conjunction with MnDot. Mayor Herbst stated he would like to see redevelopment occur in downtown. A few aspects he sees needing further planning and discussion is attracting more stable users in downtown, core housing opportunities, possibly allow rental housing to be eligible for fix up funds. Mayor Herbst was not interested in the City purchasing a majority of land or buildings within downtown. He stated the private market should drive some of downtown redevelopment. Council Member Posusta stated that the existing downtown businesses need to take the lead in facilitating redevelopment and revitalization in downtown. All members present were interested in working in better coordination with Jim Johnson from the school district and Marshall Smith from the Hospital. Further discussion occurred regarding looking at all City owned land within downtown and researching marking and listing options. IEDC member Zona Gutzwiller stated she would like the City to look at whether or not it is appropriate to look at purchasing additional industrial land. Administrator O'Neill stated there will be a need to look at how the City should handle the topic of regionalizing the City's sanitary sewer system. Meeting adjourned at 8:30am MEETING MINUTES MONTICELLO INDUSTRIAL & ECONOMIC DEVELOPMENT COMMITTE Tuesday, February 3, 2009 7:00am, Boom Island Room MEMBERS PRESENT: Chair Lynne Dahl - Fleming, Vice Chair Don Roberts, Bill Tapper, Zona Gutzwiller, Dan Olson, Patrick Thompson, Rich Harris, Dick Van Allen, Elaine DeWenter, Charlotte Gabler, Wayne Elam MEMBERS ABSENT: Elaine DeWenter, Don Tomann, Glen Posusta, Clint Herbst LIAISONS PRESENT: Sandy Suchy, Monticello Chamber CITY STAFF PRESENT: Economic Development Director Megan Barnett, Jeff O'Neill City Administrator, City Engineer Bruce Westby Call to Order IEDC Vice Chair Don Roberts called the meeting to order at 7:03 a.m. declaring a quorum. Vote to approve the January 6, 2009 IEDC minutes: MOTION BY BILL TAPPER TO APPROVE THE JANUARY 6, 2009 IEDC MINUTES SECONDED BY MARSHALL SMITH. MOTION CARRIED. 11 — 0. Transportation Plan Presentation by City Engineer Bruce Westby: Engineer Bruce Westby provided a power point presentation regarding the most recent Draft Transportation Plan. Members from the IEDC inquired about long range plans for Highway 25 and how such plans correspond to transportation plans in Big Lake. Much discussion ensued regarding roundabouts. Marshall Smith stated further discussion between the City and the hospital should occur prior to continuing to show Washington Avenue as a potential future bridge crossing. Members on the IEDC questioned why Washington showed more traffic than County Road 39. Staff was directed to craft a memo from the IEDC to the Planning Commission to be included as part of the public input process during the Public Hearing: The IEDC meet on Tuesday, February 3, 2009 to discuss the draft Transportation Plan. The IEDC is generally supportive of the proposed plan with the following comments and insight: 1. A provision should be included requiring additional research and analysis on how an additional interchange would affect fixture industrial development. 2. The proposed Fallon Avenue overpass should show a more aggressive timeline for both implementation and construction. 3. Improvements along Highway 25 should be clearly established as a top priority. Roundabouts appear to be the favored option at this point, however additional research and education needs to be completed prior to moving forward with this improvement method. 4. A second river crossing may be important, however the implications of a second river crossing should be analyzed in detailed to determine the implications of this improvement. The City should take a close look at other similar communities that have two river crossings and ask the question "what do we want Monticello' to look like and "who are we." 5. The Monticello/Big Lake Hospital and the City of Monticello need to discuss the bridge option locating along Washington Street. The hospital has future expansion plans that could be majorly impacted by the location of a bridge. Coordination between these two entities is critical to further discussion regarding this improvement. 6. While the Transportation Plan is a guiding document, the plan should provide for a more pro- active and aggressive "implementation" section. The IEDC appreciates the opportunity to comment on the proposed draft Transportation Plan. The committee desires to be pro -active in implementation strategies in order to make improvements outlined in the plan a reality. Economic Development Report: Chair Lynne Dahl- Fleming announced that Don Tomann resigned from the IEDC. MOTION BY TAPPER SECONDED BY DICK VAN ALLEN TO ADJORN THE MEETING. MOTIONED CARRIED. 11 -0. Adjourned at 8:45am 2 Economic Development Director Updates: a. General: 1. Sign Ordinance: The Planning Commission will be holding the required public hearing at their March 10, 2009 meeting 2. City Council: The City Council revisited the River Street closing pilot project at their February 9, 2009 meeting. The City Council directed staff to obtain additional traffic counts within the downtown. The item will be placed on the April 13, 2009 regular agenda for further action. 3. EDA: The EDA met with the City Council to review in detail the proposed Business Subsidy documents. The City Council will be asked to adopt a City wide Business Subsidy Criteria document. This document will set the parameters for how the City determines subsidy (i.e. reduction in fees, or loans) should be distributed. The EDA and City Council also made revisions to the Greater Monticello Enterprise Fund (GMEF) and created a new revolving loan fund, Monticello Small Cities Economic Development Set -aside Fund. It is anticipated that the City Council will hold the required public hearing at their March 23, 2009 meeting. 4. Planning Commission: See attached draft agenda. The Planning Commission reviewed the Transportation Plan and held the required public hearing at their February meeting. A favorable recommendation was forwarded to the City Council along with important comments and concerns. The City Council will be reviewing the Transportation Plan at their March 9, 2009 meeting. 5. TIF Analysis Project: Rusty Fifield will attend the April EDA to present the final results of the TIF Analysis & Management Plan project. b. Committees: 1. Marketing Committee: The Marketing Committee directed staff to attend the March Health Care & Medical Properties Conference hosted by the MN Real Estate Journal. Based on attendance and perceived effectiveness, the City may elect to participate in a future conference. Staff sent out marketing postcards to top 25 small - growing companies, medical related industries, and commercial brokers. The City Council will be reviewing the proposed listing agreement at their March 23, 2009 regular meeting. Staff will begin working on establishing a breakfast meeting with commercial brokers in order to provide valuable information regarding available land in Monticello, which will hopefully generate future end users. 2. Higher Education Committee: The benchmark meeting with SCSU students is scheduled for March 24, 2009. The purpose of the meeting is to check in with the student group and review preliminary findings. c. Business Communications: 1. Business Newsletter: Staff is hopeful the business newsletter will be published mid March. 2. Related newsletters /articles: d. Future Meeting Dates: 1. Next Meeting: Tuesday, April 7, 2009 2. EDA: April 8, 2009. Rusty will present the findings of the TIF Analysis & Management Project. The City Council will be invited to participate in this presentation. IEDC 3.3.09 AGENDA MONTICELLO PLANNING COMMISSION Tuesday, March 10th, 2009 6:00 PM Commissioners: Rod Dragsten, Charlotte Gabler, Lloyd Hilgart, William Spartz, and Barry Voight Council Liaison: Susie Wojchouski Staff: Angela Schumann, Gary Anderson, Steve Grittman —NAC Call to order. 2. Consideration to approve the Planning Commission minutes of January 6`h, 2009 and the joint Planning Commission and City Council Sign Workshop minutes of January 6`h, 2009. Citizen Comments. 4. Consideration of adding items to the agenda. Public Hearing - Consideration of a request for a Conditional Use Permit for Outdoor Sales & Display as related to an outdoor volleyball facility in a B -4 (Regional Business) District. Applicant: River City Extreme /Parnell, Mark 6. Public Hearing — Consideration of an amendment to the Monticello Zoning Ordinance, Chapter 3, regulating Signs. Applicant: City of Monticello Planning Commission Continued Public Hearing - Consideration of a request for amendment to Chapter 3 of the Monticello Subdivision Ordinance, Title 10 of Monticello City Code as related to Final Platting. Applicant: City of Monticello 8. Continued Public Hearing - Consideration of amendment to Chapter 6 of the Monticello Subdivision Code as related to Parks, Open Space and Public Use. Applicant: City of Monticello 9. Community Development Director's Update. 10. 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C w N O O ro10 'p W a O o CO 0 (O 0 (O 0 W 0 W 0 W 0 V 0 W o O a y A V O AOAON O) t0 A A W t0 N A N a N O O 0 0 0 0 0 0 0 0 0 0 0 m 6 � O N rt S Q O m C D ti O I Z A 3 O• 3 � C =• m n uJ G m C Q � Z less Journal I msphj.conn - - _ November 21, zoos c Hew to double your work =force Monticello Area Labor Market Profile Prepared with: Cameron Macht Regional Analyst, Central & Southwest Minnesota Dept. of Employment & Economic Development 320 - 231 -5174 ext. 7535 cameron.macht(&state.mn.us For the purposes of this profile, we have gathered data from a variety of sources, most notably DEED's Salary Survey and Quarterly Census of Employment & Wages (QCEM program, the US Census Bureau, and a Regional Labor Force Assessment, among other sources. To that end, different data is available for different geographies. Monticello Labor Market Profile Page 1 of 7 DEED Regional Analysis & Outreach Unit Executive Located between the I win odes Metro Area and the St. cloud area, the Monticello -Big Lake area in Wright and Sherburne Counties is among the largest and fastest growing areas in the state of Minnesota. According to the 2005 population estimates from the U.S. Census Bureau, the city of Monticello has more than doubled in the last 15 years, and is expected to grow another 20 percent in the next 15 years. Wright County was the in the top 5 fastest and largest growing counties in Minnesota between 2000 and 2005, with the population increasing 23.1 %, or 20,744 people. Wright and Sherburne, when combined with Stearns and Benton counties, comprise Economic Development Region 7W, where the population neared 375,000 people in 2005 and is growing rapidly both through a healthy, aging population and increased in- migration. This growth trend is expected to continue, as the state demographer projects the regional population will be closing in on 485,000 people by the year 2030 — a growth rate of just over 50 %. Wright County is projected to grow 38.7% to 139,020 people by 2030, while Sherburne County is projected to expand 60.7% to 121,920 people over the next 25 years. DEED research has shown that Central Minnesota cities and townships — like Monticello and Big Lake — located on four -lane highways that are connected to metropolitan areas added people three times as fast as those on two -lane highways; and created jobs four times as fast. This past, present, and future growth provides area employers with a hard - working, available work force and a steady consumer base. However, close proximity to the job markets of the Twin Cities and St. Cloud means that despite local job growth, many of the area communities are sending their residents to work in other counties. Well over half (57.2 %) of Wright County residents worked outside their county of residence, and more than out of every 3 workers (67.7 %) in Sherburne County worked outside their home county. Compare that to the State of Minnesota, where only 33.6% of residents worked outside their county; or Stearns County, where just 19.4% worked outside their county of residence. This is a significant export of jobs, as the Monticello area has extremely high labor force participation rates, especially for females. For those working in Wright and Sherburne Counties, the area has a healthy economic base with employment spread across several diverse industry sectors, including Retail Trade, Construction, Manufacturing, Health Care and Social Assistance, Educational Services, Accommodation & Food Services, Wholesale Trade, Administrative & Waste Services, Transportation & Warehousing, Ffiance & Insurance, Other Services, and Public Administration. Employment in Region 7W has been growing steadily, becoming the fastest growing region in the state. Many industry sectors actually added jobs in the region despite statewide trends to the contrary. As the Twin Cities continues to expand outward, the Monticello area in Wright and Sherburne Counties has a lot to offer businesses. Demographic statistics show that Region 7W provides available workers in a wide variety of industries at less cost than the Twin Cities Metro Area. Since labor is a major cost of doing business, these savings translate directly to the bottom line. Monticello Labor Market Profile Page 2 of 7 DEED Regional Analysis & Outreach Unit GM,Wktk & The population in the city of Monticello increased 59.2 %, or 2,927 people, from 1990 to 2000; and was estimated to have reached 10,882 people in 2005, more than double its size just 15 years earlier. The Minnesota State Demographer expects the city of Monticello to surpass 13,150 people by 2025, nearly triple its size in 1990. Monticello was not alone, either, with nearly every city and township in the area expanding quickly. The city of Big Lake gained 5,691 new people from 1995 to 2000, a 183% increase; and Big Lake Township added 3,314 people. In contrast, Monticello Township saw a slight decline in population, likely due to changing boundaries and annexations. (See Table 1.) Table 1: 1990.2025 Actual, Estimated, & Projected Population ■ Wright County, 1990 2000 2005 2025* City of Monticello 4,941 7,868 10,882 '. 13,153 Monticello Township 3,981 4,139 3,437 4,278 City of: Big lake 3,113 '. 6;063 8,804 . 12,589: Big Lake Township 4,452 6,785 7,766 11,496 Wright County 68,710 89,986 110,730 - 133,240 Minnesota 1 4,375,099 4,919,479 1 5,132,799 6,099,700 Source: U.S. Census Bureau, 'Minnesota State Demographic Center Wright County was among the fastest growing counties in the state, jumping 61.2% from 1990 to 2005, as compared to a 17.3% statewide growth rate. The county population is expected to soar another 20% and hit 135,000 people by 2025, which might even be conservative based on actual growth the last five years. The total population in Minnesota is also expected to grow about 19% from 2005 to 2025, led by counties like Wright and Sherburne. Wright County is expected to outgrow the state of Minnesota in every age group between now and 2025, most notably in the youngest and oldest age groups. Unlike some areas of the state, Wright County and Monticello are still seeing growth in the school -age population as young, married couples continue to move into the area to start their families. At the same time, people are living longer than ever, and the sheer size of the Baby Boom generation will have a large impact on the region as they begin to reach retirement age in 2011 and beyond. In fact, the number of people aged 55 years and over will more than double between 2005 and 2025 in Wright County. (See Figure 1.) Fgure 1: Population Projections ■ Wright County, by Age Group, 2005 -2025 M State of Minnesota 160% 140% 120% 100% 80^x0 60% 40% 20% 0% -20% m m m m m m `m m > m d m m m m m m T T T T T T T T o M V V C V V Q V 0 N M V VJ f0 D t0 r N M V Lo A F Source: Minnesota State Demographic Center Although minorities still make up less than 1.5% of the total population, the Monticello area saw positive changes in all race and origin categories, including rapid growth in persons of Hispanic origin, Black or African American residents, and Asian or Pacific Islanders. This growth helps the Monticello area continue to provide a diverse group of available consumers to local businesses, as well as an available labor force to local employers. Growing diversity is valuable to employers in filling open positions, meeting changing customer demands, and creating innovative ideas. Monticello Labor Market Profile Page 3 of 7 DEED Regional Analysis &Outreach Unit Labor F0MQ Avai[abl ty Because workers are less mobile than other factors of production, availability of workers is important to firm location. The Monticello area's past, present, and future demographic growth provides employers with a hard - working, available work force and a steady consumer base. However, close proximity to the job markets of the Twin Cities and St. Cloud means that despite local job growth, many of the area communities are sending their residents to work in other counties. Three out of every five (57.2 %) Wright County workers drove outside their home county for employment, compared to the State of Minnesota, where only one in three (33.6 %) residents worked outside their county; or Stearns County, where just 19.4% worked outside their county of residence. This is a significant export of jobs, as the Monticello area and Wright County both have extremely high labor force participation rates, especially for females. In fact, Big Lake and Monticello Township are both nearly 20% higher than the U.S. labor force participation rate, and each city and township in the area has a higher overall and female labor force participation rate than the state, which is ranked number one in the nation. The data also demonstrates that the area is home to a high number of dual- income families. (See Table 2.) Table 2: Labor Force Participation Rates Overall Female City of Monticello 78.5 % 72.6% Monticello Township 83.0% 78.6% City of Big Lake 81:8% 75.7% Big Lake Township 77.8% 69.6% Wright Counl 76.3% 71.3% Minnesota 71.2% 66.0% United States 63.9% 57,5% Source: U.S. Census Bureau However, many of these workers travel to the Twin Cities metro area for their jobs. By comparing the number of jobs with the number of employed residents in a given area, import and export of workers can be estimated. Wright County had a net export of 15,445 employed residents to jobs in other counties, followed closely by Sherburne County, which exported a net of 13,065 residents. These were the two biggest deficits in Central Minnesota. Just over 20,000 residents both lived and worked in Wright County, while just under 20,000 commuted to Hennepin County. Another 1,550 residents traveled to Sherburne County; 1,263 drove to Anoka County; 1,125 commuted to Ramsey County; and 994 worked in Stearns County. This has led to increased commute times for workers, with average one -way commute times closing in on a half hour. The mean travel time for Wright County workers reached 29.1 minutes in 2000, mirrored closely by Sherburne County at 29.9 minutes. Compare that to Stearns County, where the average travel time was still under 20 minutes, and the state of Minnesota, where the travel time held at 21.9 minutes. (See Chart.) Travel time increased 10.2% for workers in Wright County since 1990, when the mean travel time was 26.4 minutes. This data shows that workers are displaying an increased willingness to spend more time in the car on the way to work. However, a labor force assessment completed in late 2001 showed that about half of Monticello area workers would be willing to accept less pay to have a shorter commute. Monticello Labor Market Profile Page 4 of 7 DEED Regional Analysis & Outreach Unit With the rapid population growth, there are now nearly 63,000 workers living in Wright County, and the unemployment rate had dropped to 3.3% in the summer of 2006. Combined with Sherburne, Stearns, and Benton Counties, Region 7W has more than 210,000 available workers, including the many highly - skilled people who currently commute out of the area for work. (See Table 3.) Despite a statewide and national recession in 2001, the Monticello area and Wright County economy never stopped growing. Employment in Wright County has expanded by at least 1,000 jobs annually since 2000; up to 35,897 jobs from 28,851 jobs just five years earlier. The largest year- over -year increase was from 2004 to 2005, when 2,153 net new jobs were added. Table 3: Local Area Unemployment Statistics Number of Firms, 2005 Labor Force Employment Unemp. Rate Wright County 62,927 60,827 3.3% Sherburne County 46,483 44,972 3.3% Benton County 22,208 21,456 3.4% Stearns County 81,111 78,311 3.5% Region 7W 212,729 205,566 3.4% Minnesota 2,983,722 2,876,311 3.6% United States 153,208.000 145,606,000 5.0% Source: DEED LA US program data For those working in Wright County, the area has a healthy economic base with employment spread across several diverse industry sectors, including retail trade, manufacturing, healthcare and social assistance, construction, educational services, accommodation & food services, public administration, wholesale trade, other services, and transportation & warehousing. (See Table 4.) i Table 4: Wright County Industry Employment Statistics, 2005 NAICS Industry Title Number of Firms, 2005 Number of Jobs, 2005 Total 2005 Payroll Change in Jobs, 2000- 2005 Change in Jobs, 2000 - 2005 Total,. All'. Industries - 3,011 35,897 $9,090,336,284- 7;046 24.4% Retail Trade 401 5,588 $116,724,244 1,301 30.3% Manufacturing 233 >. 5,270 $204,354,107'- 160- 3.1 %d Health Care and Social Assistance 179 3,898 $109,948,444 1,017 35.3% Construction - - 632 3,894 $164,000,852. 1.575. 67.9 %' Educational services 44 3,635 $117,546,436 847 30.4% Accommodation and Food Services - 173: 3,565 $36,176,119 1,183. 49.7% - Administrative and Waste Services 176 1,263 $37,708,797 125 11.0% Public Administration - 78: 1,236 - $40,869,347 234- 23.4% Wholesale Trade 127 1,189 $51,306,771 159 15.4% Other services, Ex. 'Public Admin 222 1,177 $20,281,379 116. _ 10.9% - Transportation and Warehousing 117 902 $29,736,749 6 0.7% Finance and Insurance 144 868 i$32 672,789 192 28.4% Utilities 8 857 $65,915,563 247 40.5% Professional and Technical Services 207 _ 669 $23,161,565 - - NA NA Arts, Entertainment, and Recreation 43 522 $5,396,399 118 29.2% Infonnation 34 382- $14,085,599 68. 21.7 %' Real Estate and Rental and Leasing 123 330 $6,292,308 45 15.8% Source: DEED QCEW rogram data Construction was the fastest growing industry from 2000 to 2005, not surprising because of the area's demographic growth. Retail trade and accommodation & food services followed suit as well, adding nearly 2,500 jobs combined. After a slowdown, manufacturing employment and payroll were up again in 2005, as were utilities and wholesale trade. Monticello Labor Market Profile Page 5 of 7 DEED Regional Analysis & Outreach Unit There were 368 firms and 6,338 jobs reported for the city of Monticello in 2005, with retail trade (1, 112 jobs), healthcare & social assistance (851 jobs), and manufacturing (823 jobs) being the largest employing industries. Thanks to the area's population growth, educational services and accommodation & food services were also large employing industries. (See Table 5.) Monticello added 776 net new jobs from 2000 to 2005, a 14% growth rate. Monticello Township had 61 firms and 382 jobs, adding 51 jobs since 2000. The city of Big Lake had 191 firms and 2,136 jobs in 2005, an increase of 420 jobs; and Big Lake Township had 128 firms and 726 jobs, more than double the number of jobs (342) in 2000. Tadle 5: City of Monticello Indust fm to ent8tatistics, 2005 NAICS Industry Title Code Number of Firms Number of Jobs Total Payroll Total, All Industries D 1 368 1 6,338. $229,116,310 Specialty Trade Contractors 238 31 119 $3,971,456 Manufacturing 31 28 '823 $34,930,108 ' Retail Trade 44 62 1,112 $28,215,108 Transportation and Warehousing 48 11 160 $5,247,678 '.. Information 51 7 59 $2,410,858 Finance and insurance 52 26 132 '$4,632;383 Real Estate and Rental and Leasing 53 18 50 $799,996 Administrative and Waste Services 56 18 - 307 $10,723,835 Educational services 61 6 577 $18,922,586 Health Care and Social Assistance 62 35 ` 851 $29;915,389 Arts, Entertainment, and Recreation 71 5 93 $946,980 Accommodation and Food Services 72 - 28. '566 $5,391,753 Other Services, Ex. Public Admin 81 27 $2,730,133 Public Administration 92 - 3 _162 138 - $3,098,902 Source: DEED QCEW program data Terms and Employee Loyalty rcesearcn snows tnat Americans are changing loos ana careers more trequently, regarcless of the economy. The median number of years that wage and salary workers across the United States had been with their current employer was 3.7 years in January 2002, according to the Bureau of Labor Statistics. Despite these trends to the contrary, workers in the Monticello area continue to display a remarkable amount of loyalty to their employers. According to recent Labor Force Assessments conducted in Wright County, the median employee tenure was 6 years, nearly twice the national average. Plain and simple, the data shows that workers in Central Minnesota are more likely to stay with their employers for the long term. Labor Force Afforda billty atrrd Q.mupattiorts of Wat tters The availability measure that is most consistently and strongly related to firm location is the presence of workers in occupations needed for particular industries. For example, the number of engineers available is strongly related to manufacturing growth in an area. Although businesses will pay more for higher quality workers, they would rather have equivalently skilled workers at less cost. The Monticello area in Region 7W offers highly - skilled, available workers at competitive costs, notably lower than the Twin Cities metro area. Since labor is a major cost of business, these savings translate directly to the bottom line. The largest employment group in the area is office & administrative support occupations, followed by production occupations, sales & related occupations, food preparation & serving related occupations, transportation & material moving occupations, and education, training & library occupations. The highest paying groups are in management occupations; healthcare practitioners; life, physical, & social science occupations; legal occupations; computer & mathematical occupations; architecture & engineering occupations; business & financial operations occupations; construction & extraction occupations; and education, training, & library occupations. (See Table 6.) Monticello Labor Market Profile Page 6 of 7 DEED Regional Analysis & Outreach Unit Table 6: Salary Survey Information: for Region 7W, 2nd Quarter 2006 SOC Code SOC Occupational Group Median Hourly Wage Avg. Hourly Wage Estimated Regional Employment 0 Total, All Occupations .$14.11 $16.92 146,640 110000 Management Occupations $34.00 $37.91 5,890 130000 '..`Business and iFinancial Operations Occupations. $21.92 :$23:87 5,480 150000 Computer and Mathematical Occupations $25.09 $26.58 1,880 170000 Architecture and Engineering Occupations $22.90 $24.91 1:520 190000 Life, Physical, and Social Science Occupations $25.51 $26.02 740 210000 Community and Social Services Occupations $16.87. $17.55 2,320 230000 Legal Occupations $25.30 $30.05 - - 650 250000 :Education, Training, and Library Occupations . $20.00 $20,42 10,190 270000 Arts, Design, Entertainment, Sports, and Media Occ $15.29 $16.35 1,310 290000 Healthcare Practitioners and Technical Occupations $25.95 $32.64 7,020 310000 Healthcare Support Occupations $11.87 $12.51 4,150 330000 _ Protective Service. Occupations $18.28 $18:75 2,020 350000 Food Preparation and Serving Related Occupations $8.05 $8.64 14,680 370000 - .Building & Grounds Cleaning & Maintenance Occup. $10.36 $11.13 4,290 390000 Personal Care and Service Occupations $9.77 $10.38 3,680 410000 Sales and Related` Occupations: $10.59 $14.02 16,240 430000 Office and Administrative Support Occupations $13.05 $13.75 21,570 450000 .Farming, Fishing,: and Forestry Occupations $1087 $10.87. 190'. 470000 Construction and Extraction Occupations $20.24 $20.92 7,570 .490000 installation, Maintenance., and Repair Occupations $17.29 $17.29 5,570.: 510000 Production Occupations $14.40 $15.40 17,350 530000 Transportation and Material Moving Occupations $13.35 .$14.17 12,320 Source: DEED Minnesota Salary Survey program data Labor Force Although the importance of labor quality is a recurring theme in survey results and site selectic consultants' judgments, the research faces difficulties quantifying "quality." The most common labor quality indicator is the education of the workforce. Minnesota is well known for its high - quality education and high graduation rates. Nearly 88 percent of Minnesota residents aged 25 years and over are high school graduates, and more than one out of every four people (27.4 %) have a bachelor's degree or higher. In comparison, only 80.4% of United States residents are high school graduates and 24.4% have a bachelor's degree or higher. Even higher than the state, workers in the Monticello area have good educational attainment, most notably in the percent of residents with an associate degree. The area also has a high number of people who have attended some college, but do not have a degree, which can include post- secondary vocational awards and certificates. This technical training provides tangible skills to businesses. (See Table 7.) Table 7: Educational. Attainment Rates, 25: Years & Over High School Diploma Some College, No Degree Associate Degree Bachelor's Degree or hi her :City of Monticello 84.2% .23.6% 10:4% 21.2% Monticello Township 89.1% 25.7% 9.3% 12.9% :City of Big Lake 882% 27.8% 10.4% 13.5% Big Lake Townshi 91.6% 34.1% 8.0% 18.8% Wright County - 88.1% 25.2% 8.2 %° 17.9 %° Minnesota 87.9% 24.0% 7.7% 27.4% United States 80.4% 21..0% 6.3.1 - 24.4 %° Source: U.S. Census Bureau Monticello Labor Market Profile Page 7 of 7 DEED Regional Analysis & Outreach Unit