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EDA Minutes 06-13-2018 (Workshop Meeting)MINUTES WORKSHOP MEETING - ECONOMIC DEVELOPMENT AUTHORITY (EDA) Wednesday, June 13th, 2018 — 4:30 p.m. Mississippi Room, Monticello Community Center Commissioners Present: Steve Johnson, Bill Tapper, Jon Morphew, Tracy Hinz, 011ie Koropchak-White, and Lloyd Hilgart Commissioners Absent: Jim Davidson Staff Present: Jim Thares and Angela Schumann 1. Call to Order Steve Johnson called the workshop meeting of the EDA to order at 4:30 p.m. 2. Roll Call 3. Consideration to establish a Downtown Facade Improvement Loan & Signage, Awning & Frontage pilot program and to adopt Downtown Loan Guidelines A walking tour of Broadway and Walnut Street with the Cuningham Group was completed on June 4, 2018. Angela Schumann explained that the guidelines for the Downtown Facade Improvement Program were a working draft for the EDA to edit as needed. Bill Tapper had concerns that the draft proposal was too broad and should focus on the area south of Broadway from Highway 25 to Walnut Street. He suggested only allowing eligibility by the property owner, but that if a tenant wanted new signs that fit the architectural character per the Small Area Study that the EDA would pay for them one time. Hilgart concurred with Tapper's response. Tapper urged the EDA to only move forward with the program if the majority of the property owners were interested. Tapper and Tracy Hinz emphasized the importance of improving the businesses at the focal point of the downtown — Broadway and Walnut Street. 011ie Koropchak-White explained that she would prefer the improvements be flexible for the front or side facade. The EDA discussed the architectural components of the downtown and concurred that the program should be an outright grant. Following further discussion of changes to the draft guidelines, Schumann summarized the comments of the EDA. A workshop meeting to discuss the possible program with property owners in the future was discussed. A minimum five percent participation level was also recommended. Hilgart stated that the EDA should decide what the buildings should look like if is providing the majority of Economic Development Authority Minutes — June 13, 2018 Page 112 funds as grants to the property owners. Tapper suggested that an architect sit down with the property owners to discuss the overview of the Small Area Plan. It was discussed that the property owner would need to obtain two quotes for contractors to complete the fagade improvement. The amount of the program would remain flexible to understand the needs and that the architecture would guide the costs. Schumann stated that the guidelines would be cleaned up and presented again to the EDA at a future meeting. 4. Added Items Jim Thares provided an update about Buxton and their services they could provide to Monticello. The cost of services would be around $15,000. It was noted that Wadena is utilizing their services through a collaborative stakeholder funding arrangement. They have not had any results as of yet in the first year of the contract but have hopes that i=the efforts will pay off and attract a new business or two. Thares said that the City of Ramsey ended its contract with Buxton after year one due to a lack of referrals/leads from Buxton. They decided to focus on working with their local real estate brokers on ideas and identified targets. Discussion ensued and it was a consensus among the EDA members to not pursue a business recruitment contract with Buxton at this time. 5. Adiourn BILL TAPPER MOVED TO ADJOURN THE MEETING AT 5:49 P.M. OLLIE KOROPCHAK-WHITE SECONDED THE MOTION. MOTION CARRIED, 6-0. Recorder: Jacob Thunander -FF Approved: July 11, 2018 Attest: , Economic Development Director Economic Development Authority Minutes — June 13, 2018 Page 2 12