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EDA Agenda - 01/26/2022AGENDA REGULAR MEETING - ECONOMIC DEVELOPMENT AUTHORITY (EDA) Wednesday, January 26th, 2022 — 7:00 a.m. Academy Room, Monticello Community Center Commissioners: President Steve Johnson, Vice President Jon Morphew, Treasurer Tracy Hinz, 011ie Koropchak-White, Hali Sittig and Councilmembers Lloyd Hilgart and Jim Davidson Staff. Executive Director Jim Thares, Rachel Leonard, Angela Schumann, Hayden Stensgard 1. Call to Order 2. Roll Call 3. Consideration of Additional Agenda Items 4. Consideration of Amending Relocation Services Contract with WSB & Associates by increasing the amount by $9,416.00 5. Consideration of authorizing a Professional Services contract with Nagell Appraisal & Consulting, Plymouth, MN, for vacant land appraisal of Country Club Manor, Outlot (16.71 acres) in the amount of $1,200 6. Consideration of update of Otter Creek Business Park (OCBP) Platting proposal and timeline of related steps -actions 7. Economic Development Director's Report 8. Adj ourn EDA Agenda — 01/26/22 4. Consideration of Authorizing an amendment to the WSB & Associates Professional Service Relocation Assistance Contract increasing the amount by $9,416.00 (JT) A. REFERENCE & BACKGROUND The EDA is asked to consider approving an amendment to the WSB professional services Relocation Assistance contract increasing the amount by $9,416. The EDA authorized entering into the current contract in the amount of $10,208 on July 31, 2019, when it began an initial round of land acquisition negotiations with the remaining Block 52 property owners fronting along Broadway. A letter from Penny Rolf, WSB, outlining the reasons for the requested increase in the contract budget is attached to this report as Exhibit A. Per the letter, the extended work task time frame, increase in site referral efforts as well as the higher number of meetings to review the relocation factors and potential benefits with the tenants in the Block 52 properties is the reason for the requested increase. Another factor was the additional work related to the discovery of a new tenant in the building located at 113 West Broadway. The project budget spreadsheet is also attached to the report as Exhibit B. B. ALTERNATIVE ACTIONS Motion to authorize an amendment to the WSB Professional Service Relocation Assistance Contract increasing the budget amount by $9,416. 2. Motion to table consideration of the amendment to the WSB Professional Service Relocation Assistance Contract increasing the budget amount by $9,416. 3. STAFF RECON MENDATION Staff recommends Alternative 1. The larger amount of various relocation assistance work tasks performed is due to the extended time frame involved in the EDA's property acquisition efforts over a roughly 2.5-year period. These factors prompted WSB to request an increase in the Contract budget. The amount of the proposed budget increase is $9,416. While the increase is a near doubling of the original budget, the letter provided by Penny Rolf, WSB, outlines the detailed cost factors that are causing a request for a price increase. It is City staff s judgement and recollection from previous relocation activities in 2018 that there are still a significant number of specific tasks that have yet to be completed for each tenant related to documentation of claims and payment requests. 4. SUPPORTING DATA A. Letter from Penny Rolf, WSB B. Amended Relocation Contract Budget Proposal Spreadsheet C. Original WSB Relocation Assistance Contract (approved July 31, 2019) 75 0 U z W CO CO 0 C. CO m LO LO z CO J 0 IL a W z z 2 0 0 CO U) T W Z W Q a z W x 0 wsb January 6, 2022 Mr. Jim Thares City of Monticello Economic Development Manager 505 Walnut Street Suite 1 Monticello, MN 55362 Re: Amendment # 1 — Relocation Services - Downtown Redevelopment Project Dear Mr. Thares: The initial estimate for the relocation and acquisition assistance was approved in July of 2019 and our assistance started at that time. Much of our initial time was spent on reviewing the purchase agreements for the buildings owned by Steven Johnson Property and KC & the Boys. Challenges encountered were: 1. Building Acquisitions were more difficult than anticipated - a. Steve Johnson building was acquired in November, 2020. i. We started the relocation services for the Alive Church but with the delay on the other property and a longer timeline to move, they were not actively looking for a replacement property extending the timing of their relocation. ii. During that time, we continued to send them referrals. iii. There are also new members of the church board at this time requiring relocation benefits be reviewed again with the new members. 2. The KC & the Boys property wasn't acquired until November of 2021. a. That extra year included multiple meetings with both the EDA and the owners of the KC & the Boys building to negotiate the acquisition and explain how their relocation worked in conjunction with the acquisition b. Assisted with multiple reviews of the purchase documents. 3. Additional Tenant — a. At the site visit with Elevated Wellness on Dec. 3, 2021, an additional tenant (Innovative Stucco) was found. b. Attended a special meeting with EDA board regarding additional tenant and reached determination of eligibility. Enclosed is an estimate breaking out the additional hours billed to date for Project Management and Acquisition Assistance. In addition, 16 hours have been added to address the additional tenant within the Elevated Wellness space as well as another 14 hours to allow us to complete claims and the relocation for the 4 tenants on site. Original Contract Amount: $ 10,208.00 Amendment # 1 $ 9,416.00 Revised Contract Amount $ 19,624.00 Please contact me at 763-231-4868 with any questions or comments. Sincerely, WSB & Associates, Inc. Penny Rolf Project Manager HI I J L K I L K—N 1 O 1 P O City of • • Z Relocation HoursJanuary 7, 2022 Downtown Redevelopment Project over Amendment # 16 hours 1 July 10, 2019 Costs associated with word vehicle mileage, cell reproductions of common correspondence and mailing estimate (includes • additional processing, phones, AMincluded in the hourly rates. •. • 7 Rect Management 6 $1,056 8.25 12.25 4 6.25 $1,100 s Meetings/Communication with City Staff/Task Coordination 6 9 10 2 Relocation Assistance Services 48 $8,448 35 30 30.00 $5,280 11 ( 3 Displacees - see assumption below) Relocation Tasks: 2 Advisory services 6 13 Notification Letters- Relocation Eligibility, 90 & 30 day notices 3 4 Individual meetings with the displacees 9 s Referrals 6 6 Move estimate coordination 6 n Determine eligible relocation benefits 6 3 Claims assistance and preparation of relocation claims 12 s 3 Acquisition Assistance Services 4 $704 21.25 17.25 17.25 $3,036 zs Assist City with acquisition of building owned by Preferred Title, Inc. 4 z1 Total Hours 58 64.5 53.50 22 Average Hourly Fees (include overhead and profit) $176 $176 23 Amendment # 1 Request $9,416 z4 Original Contract Amount $10,208 $10,208 2s Amended Contract Amount $19,624 2s wsb July 10, 2019 Mr. Jim Thares City of Monticello Economic Development Manager 505 Walnut Street Suite 1 Monticello, MN 55362 Re: Relocation Services Related to Downtown Redevelopment Project Dear Mr. Thares: WSB & Associates, Inc. is pleased to submit this proposal for the relocation CD w services required for the Monticello Downtown Redevelopment Project. These CO services will be provided in accordance with the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970, as amended and other applicable state and federal laws and rules. CD CO Based on information provided in the RFP dated 7-1-19, there are two LO commercial tenants and one business owner/occupant that will be displaced as part of the redevelopment project. LO LO Scope of services include: LO z 1. Project Management: Penny Rolf will be providing the project management and will oversee WSB staff J in the completion of all the tasks required as part of this RFP. Penny will be the w main point of contact with the City on this project and will maintain Z z communication with the City throughout the process to resolve any issues or 2 concerns that arise quickly and efficiently. 0 0 W 2. Relocation Services: Individual meetings on -site will be held with the two tenants and the one owner/occupant to provide them with general information about the relocation program and discuss relocation benefits specific to their business. This is the LU relocation agent's opportunity to establish a relationship with the displacee and z address their concerns earl in the process. Information gathered during this Y p 9 9 meeting will be used to establish their needs and eligibility for reimbursement z payments -moving costs, searching, business re-establishment or fixed payment. X 0 We will advise the business tenants of the different types of moving options, create a scope of the move and coordinate the estimate process with the professional moving companies, if needed. Estimates will be reviewed and displacees will be notified of the approved bid. WSB will notify displacees in writing of their eligibility for relocation benefits. All required relocation eligibility notices will also be sent to them. As part of the required services, we will research replacement sites and refer suitable, comparable sites to the tenants. 3. Acquisition Assistance Services WSB staff will assist the County in the preparation of the purchase agreement with the owner/occupant, Preferred Title. As part of this assistance, a summary of eligible relocation benefits would be determined and included as part of the agreement. Deliverables/Schedule: WSB takes pride in our reputation for accuracy and timeliness on our projects. WSB's team will provide the deliverables and will execute the tasks required per and as detailed in the cost estimate attached. Assumptions: 1. If the number of relocations is increased or reduced, our estimate will be adjusted accordingly. 2. Relocation services will be provided for 3 displacees (2 tenants and 1 owner/ occupant). WSB Relocation Services: Our total fees for these services will not exceed: $ 10,208.00 Additional Services: Relocation Appeals/Testimony: WSB's relocation team has experience in preparing the documentation for court to substantiate the relocation claims approved and/or denied as well as the testimony related to those claims. Upon request from the City, WSB will prepare, attend and present testimony as needed at our standard hourly rates. Thank you for the opportunity to be of service to you. If you are in agreement with the terms of this proposal, please sign below on the space provided and return one copy to us for our records. If you would like to further discuss any aspect of our proposal, please do not hesitate to contact me at 763-231-4868 with any questions or comments. Sincerely, ACCEPTED BY: WSB & Associates, Inc. City of Monticello Penny Rolf TitlJ Lt'op� f Project Manager Dat t ZOt 1 Project Management $1,056 Meetings/Communication with City Staff/Task Coordination 4 Monthly Status Reports 2 Relocation Assistance Services 2 48 $8,448 ( 3 Displacees - see assumption below) Relocation Tasks: Advisory services 6 Notification Letters- Relocation Eligibility, 90 & 30 day notices 3 Individual meetings with the displacees 9 Referrals 6 Move estimate coordination 6 Determine eligible relocation benefits 6 Claims assistance and preparation of relocation claims 12 3 Acquisition Assistance Services ( 1 Owner/Occupant - see assumption below) Assist City with acquisition of building owned by Preferred Title, Inc. 4 Total Hours 58 Average Hourly Fees (include overhead and profit) $176 TOTAL RELOCATION COSTS 1. Relocation services will be provided for 3 displacees (2 tenants and one owner/occupant 2. If the number of relocations is increased or reduced, our estimate will be adjusted accordingly. $704 $10,208 r EDA Agenda — 01/26/22 5. Consideration of Authorizing a vacant land appraisal services contract for Country Club Manor, Outlot A (16.71 acres) with Nagell Appraisal & Consulting, Plymouth, MN in the amount of $1,200 (JT) A. REFERENCE & BACKGROUND The EDA is asked to consider authorizing entering into a vacant land appraisal services contract with Nagell Appraisal & Consulting, Plymouth, MN, in the amount of $1,200. The appraisal is needed to properly value a parcel along 7th Street West known as County Club Manor, Outlot A. The EDA has owned this 16.71-acre parcel for some time. It was tax forfeited to the city about 30 years ago, prior to the title being transferred to the HRA and then the EDA. A recent proposal by Headwaters Development to develop a 108-unit apartment building and 60 twin homes using Tax Increment Financing (TIF) at this site prompted the need for an accurate appraisal of the market value of the property. The EDA approved an RFP solicitation format for the appraisal work at its January 12, 2022, meeting. Nagell Appraisal & Consulting's appraisal proposal submittal was the only one received by the deadline of 12:00 p.m., Thursday January 20, 2022. The REP form was emailed to five appraisal firms and placed on the city website. Nagell Appraisal & Consulting previously completed an appraisal for the EDA in 2018 with the purpose of establishing a market value for property located at 112 West River Street (Block 52). The appraisal report became the basis for a market value offer for the EDA purchase of that property. B. ALTERNATIVE ACTIONS 1. Motion to authorize entering into a vacant land appraisal service contract with Nagell Appraisal & Consulting in the amount of $1,200. 2. Motion to table consideration of entering into a vacant land appraisal service contract with Nagell Appraisal & Consulting in the amount of $1,200 3. STAFF RECOMMENDATION Staff recommends Alternative 1. The submitted quote for the vacant land appraisal is a fair price for the professional service work. Nagell Appraisal & Consulting also performed appraisal work for the EDA in 2018. The appraisal report they provided to the EDA at that time clearly noted the valuation of the property with ample documentation. The interaction with Nagell Appraisal & Consulting at the time of the previous work for the EDA was professional and helpful. EDA Agenda — 01/26/22 4. SUPPORTING DATA A. Nagell Appraisal & Consulting vacant land appraisal submittal B. Appraisal RFP Format NAGELL APPRAISAL & CONSULTING 12805 Highway 55 Phone: 952-544-8966 Plymouth, MN 55441 Fax 952-544-8969 Established in 1968 Client: City of Monticello January 15, 2022 Attn: Hayden Stensgard, Community & Economic Development Coordinator City of Monticello, MN RE: Appraisal of as is raw land SEQ of Golf Course Road & 1-94, Monticello, MN (155033900010) Dear Hayden: Per our conversation you would like appraisal services regarding the property noted herein, see attached. A report with the following research and analysis will be provided. Report Use: The report use is for decision making for potential sale of the raw land to a developer. MAI to sign the report. Value Type: Current Market value of the raw land per highest and best use per Uniform Standards of Professional Appraisal Practice will be provided. Property Description: raw land value of a 16.71 acre stie, with proposed 60 townhome units and 108 unit apartments. See attached property description. Contact for access: N/A vacant land Scope of Report: (1) View the property and view neighborhood. (2) Report the physical and/or economic factors that could affect the property. (3) Appropriate research, collection, verification, analysis and viewing of pertinent market data will be conducted. The applicable approach(s) to value will be applied. (4) Report findings and conclusions. Report Format: An Appraisal Report (standard narrative format) will be used. It has a detailed description of statements of the data, analysis and conclusions. Appropriate photos, maps and exhibits are included. An electronic (PDF) copy of the report will be provided. Fee: The fee is $1,200. Name client is responsible for payment upon receiving the report. Due Date: The report can be completed by 4 weeks from signed confirmation assuming all project information is received in a timely manner. Information needed by the appraiser: Site survey if available. Our Company: has 12 employees and has been in business since 1968 and has sufficient knowledge, experience, education, contacts and resources to competently complete this assignment. Neither the employment to make the appraisal, nor the compensation for it, is contingent upon the appraised value of the property. If you agree to the above terms, please sign below and return by fax or mail. If you have any additional questions, please do not hesitate to contact me. Sincerely, William R. Waytas, Certified General 4000813, MN Signature Date www.nagelimn.com Request for Proposal (RFP) Vacant Land Appraisal Services January 12, 2022 The City of Monticello Economic Development Authority (EDA) is releasing the Request for Proposal (RFP) regarding appraisal services of vacant land. This service is to assist in determining the market value of the 16.71-acre Country Club Manor, Outlot A. The recent submittal of the TIF Affordable Housing application from Headwaters Development, wherein it proposes to develop the site with 60 twin home units and a 108-unit apartment building raises questions about the fair market value of the land. An appraisal of the site will provide a full analysis of the property in terms of the highest and best use (including review of the zoning and development ordinance) as well as review of comparable sales of similar property in the region. The appraisal will give the EDA confidence that is on solid footing regarding the market value and a sale price that can be presented to Headwaters Development and incorporated into the Development Contract documents. RFP responders should include all costs associated with staff time (including travel) and materials to perform the inspections and complete appropriate reports -studies. Responders should also include evidence of credentials to perform desired work components and a sample list of past similar inspection projects completed in Minnesota. Attached Exhibits A and B provide additional information about the Country Club Manor, Outlot A location, parcel information and ownership. The deadline for submittal of the RFP is Thursday January 20, 2022, at 12:00 p.m. RFP Questions about the RFP can be directed to Jim Thares, Economic Development Manager, phone # 763-271-3254 or email at jim.thares@ci.monticello.mn.us. RFP responses should be submitted via email to Jim.thares@ci.monticello.mn.us. Country Club Manor, Outlot A Created by: City of Monticello 1/6/22, 3:29 PM Beacon - Wright County, MN - Report: 155033900010 BeaconIfJ Wright County, MN Summary Parcel ID 155033900010 Property Address Sec/Twp/Rng 10-121-025 Brief Tax Description Sect-10Twp-121 Range-025 COUNTRYCLUB MANOR OUTLOTA (Note: Not to be used on legal documents) Deeded Acres 0.00 Class 958-(NON-HSTD)MUNICIPAL PUB -OTHER District (1101) 1101 CITY OF MONTICELLO 882 H School District 0882 Creation Date 01/01/0001 Note: Class refers to Assessor's Classification Used For Property Tax Purposes Owner Primary Taxpayer City Of Monticello Eda Executive Director 505 Walnut St Ste 1 Monticello, MN 55362 GIS Acreage Parcel: 155033900010 Acres: 16.71 Acres USAB: 16.71 Acres WATE:0.00 Acres ROW: 0.00 Sq Ft: 728,012.60 Land Unit Seq Description Dim 1 Dim 2 Dim 3 Units UT Price Adj 1 Adj 2 Adj 3 Adj 4 1 RES B 0 0 0 14.710 AC 35,000.000 1.00 1.00 1.00 0.75 Total 14.710 Recent Sales In Area Sale date range: From: 01/06/2019 To: 01/06/2022 Sales by Neighborhood L50Lj Feet Sales by Distance Transfer History Grantor CITY OF MONTICELLO HRA Eff Rate Div % Value 26,249.966 1.000 386,137 386,137 Grantee Doc Date Transfer Date Doc Type Doc No Sale Price CITY OF MONTICELLO EDA 1/2/2008 2/21/2008 QCLDEED 1080161 $0 https://beacon.schneidercorp.com/Application.aspx?ApplD=187&LayerlD=2505&PageTypelD=4&PagelD=1310&KeyValue=155033900010# 1/2 1/6/22, 3:29 PM Taxation Beacon - Wright County, MN - Report: 155033900010 Estimated Market Value Excluded Value Homestead Exclusion = Taxable Market Value Net Taxes Due + Special Assessments = Total Taxes Due Change Taxation (Preliminary 2022 Taxes Payable) Estimated Market Value Excluded Value Homestead Exclusion = Taxable Market Value Net Taxes Due + Special Assessments = Total Taxes Due Change Taxes and Special Assessments Payable in 2022 are preliminary. Map 2021 Payable 2020 Payable 2019 Payable 2018 Payable $386,100 $257,400 $220,700 $198,600 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 0.00% 0.00% 0.00% 0.00% 2022 Proposed 2021 Payable $386,100 $386,100 $0 $0 $0 $0 $0 $0 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 0.00% 0.00 No data available for the following modules: Land GA/RP, Buildings, Extra Features, Sales, Valuation, Taxes Paid, Photos, Sketches The information provided on this site is intended for reference purposes only. The information is not suitable for legal, engineering, or Developed by surveying purposes. Wright County does not guarantee the accuracyof the information contained herein. Schneider User Privacy Pol icy 6 E O 5 PAT I A L GDPR Privacy Notice Last Data Upload: 1/6/2022, 7:32:19 AM Version 2.3.168 https://beacon.schneidercorp.com/Application.aspx?AppID=187&LayerlD=2505&PageTypelD=4&PagelD=1310&KeyValue=l55033900010# 2/2 Monticello Affordable Senior Community 168 Unit Senior Housing Monticello, MN Statement of Confidentiality & Disclaimer This is a confidential memorandum intended solely for your own limited use. You agree to treat confidentially the information contained in this memorandum (the "Information"). You agree that you will not knowingly use the Information in any way detrimental to Headwaters Development, LLC ("HWD") and all affiliates (collectively the "Sponsor") and that such Information will be kept confidential by you and agents or advisors retained by you; provided however, that any such Information may be disclosed to your directors, officers, employees, and representatives and to individuals acting in similar capacities on your behalf who need to know such Information (it being understood that such agents, advisors, directors, officers, employees and representatives shall be informed by you of the confidential nature of such Information and shall be directed by you to treat such Information confidentially). Although the Information has been prepared in good faith and is believed to be accurate, you understand that the Sponsor has not made any expressed or implied representations or warranties as to the accuracy or completeness of the Information. You agree that the Sponsor shall not have any liability to you or any of your representatives or agents resulting from the use of the Information. This confidential memorandum shall not be deemed an indication of the state of affairs of the Sponsor, nor constitute an indication that there has been any change in the business or affairs of the Property or the Sponsor since the date of preparation of this memorandum. For additional Information, please contact: Michael J. Hoagberg Headwaters Development President E: mhoagberg@headwatersdevelopment.com W: (612) 438-2727 C: (612) 723-3330 Brian T. McCaw Headwaters Development Chief Financial Officer E: bmccaw@headwatersdevelopment.com W: (612) 438-2831 C: (917) 587-7275 Project Summary Headwaters Development, LLC is proposing a 168 unit senior 55+ community on the approximately 16.5 acre site located at the corner of Golf Course Road and 7t" Street West. The project will consist of 100 unit multifamily building and 30 twin home villas (60 units) — single story living. The project projects at least 40% of all units will be considered affordable based on 60% AMI levels for Wright County. The project took into consideration in its design, unit mix and rental rates, the housing study completed by the City of Monticello in 2020. .r • F #- A,- i. A3 Application Addendum — Site Map with Boundaries Club C-- P—'I E:1 Site Boundary Application Addendum —Proposed Watershed PROPOSED LAND USE DATA WATERSHED IMPERVIOUS AREA{AL) PERVTOIIS AREA (AC) TOTAL AREA. (AC) P 1 2-951 2315 5.266 P-2 0.639 Dim 1.465 R3 1.874 1.852 3.726 P4 CLOM 1.713 1.71 P3 2.351 2.171 VZ / j 1 y' j\ 1 j P-4 / PROPOSED INFILTRATION BASIN SERVING P-3 AND OVERFLOW FROM P-2 BASIN PROPOSED INFILTRATIONS / BASINS SERVING P-1 \ \ - 4 PROPOSED WATERSHED EXHIBIT HEADWATERS DEVELOPMENT - MONTICELLO, MN PROPOSED INFILTRATION BASIN SERVING P-2 Application Addendum — General Description The project will be broken into two main projects (two separate lots); with the twin home site further divided into zero lot lines for each villa residential unit. All units are expected to be for rent, not for re -sale. Project 2 Project Size: $23.6 million Two Phase: 108 units total Type: Multi -family Parking: 75 on -grade; 100 covered Project 1 Project Size: $20.5 million Two Phase: 60 units total Type: single story villas Parking: 2-car garages Application Addendum — Expected Calendar The Developer plans to roll -out the build in multiple phase in order to stagger the overall construction of each unit type. Below is the rough proposed timeline for each of the Phases: Alternate Phasing: to delay start of one TIF District Application Addendum - MULTI FAM PROJECT• Project Pro Forma Total VILLAS PROJECT• SOURCES OF FUNDS First Mortgage 64.6% $ 15,250,000 TIF Capital 12.6% 2,979,740 Equity 22.8% 5,370,260 TOTAL SOURCES OF FUNDS 100.00% $ 23,600,000 USES OF FUNDS Land Costs Land Purchase (Contributed) $ 2.84 $ 370,260 Environmental - Assessment $ 0.02 2,000 Survey & Geotech $ 0.06 7,500 Site Appraisal $ 0.04 5,000 Total Land Costs $ 2.95 $ 384,760 Soft Costs Architecture $ 1.91 $ 250,000 City Fees- Planning & Zoning $ 5.68 741,980 Liability Insurance $ 0.11 15,000 Legal $ 0.15 20,000 Market Study $ 0.01 1,500 Pre -Open Working Capital (Incl Marketing) $ 1.53 200,000 Operating Deficit $ 1.53 200,000 Title & Recording $ 0.19 25,000 Title Company Draw Fees $ 0.04 5,000 Capital Interest $ 0.96 125,000 Soft Cost Contingency $ 0.19 25,000 Total Soft Costs $ 12.32 $ 1,608,480 Hard Costs Construction Amount - Multifamily $ 155.00 $ 20,237,265 Design Management $ 0.96 125,000 FF&E $ 2.26 294,495 Project Management $ 0.57 75,000 Total Hard Costs $ 158.79 $ 20,731,760 Total Financing Fees $ 6.70 $ 875,000 TOTAL USES OF FUNDS $ 180.76 1 $ 23,600,000 eadwaters Development, Total SOURCES OF FUNDS First Mortgage 68.9% $ 14,133,830 TIF Capital 8.3% 1,700,000 Equity 22.8% 4,666,170 TOTAL SOURCES OF FUNDS 100.00% $ 20,500,000 USES OF FUNDS Land Costs Land Purchase (Contributed) $ 21.36 $ 1,666,170 Environmental - Assessment $ 0.03 2,000 Survey & Geotech $ 0.10 7,500 Site Appraisal $ 0.06 5,000 Total Land Costs $ 21.55 $ 1,680,670 Soft Costs Architecture $ 0.96 $ 75,000 City Fees- Planning & Zoning $ 8.31 648,480 Liability Insurance $ 0.19 15,000 Legal $ 0.26 20,000 Market Study $ 0.02 1,500 Pre -Open Working Capital (Incl Marketing) $ 1.92 150,000 Operating Deficit $ 1.92 150,000 Title & Recording $ 0.32 25,000 Title Company Draw Fees $ 0.06 5,000 Capital Interest $ 0.83 65,000 Soft Cost Contingency $ 0.32 25,000 Total Soft Costs $ 15.13 $ 1,179,980 Hard Costs Construction Amount - Multifamily $ 211.91 $ 16,529,350 Design Fee $ 1.60 125,000 FF&E $ 0.38 30,000 Project Management $ 0.96 75,000 Total Hard Costs $ 214.86 $ 16,759,350 Total Financing Fees $ 11.28 $ 880,000 TOTAL USES OF FUNDS $ 262.82 1 $ 20,500,000 Application Addendum — Statements Comprehensive Guide Plan • The parcel is currently zoned R-3 - Medium Density Residence District. The purpose of this district is to provide a range of housing choices and affordability through varying housing densities, types and designs including accessory dwelling units. Headwaters' proposed development meets the intent and required overall standards of the R-3 Zoning District through its blended multi -family apartment and twin -home patio style development featuring a total of 168 units. Our plan is to work with City staff and pursue our development approval through the City's PUD (Planned Unit Development) ordinance to allow for nuances in density in the specific portions of the proposal. Use of Assistance • The project will utilize public assistance to support the construction and operations of the senior community. The assistance will further support the project's ability to offer a minimum of 40% of its units to seniors meeting affordability requirements. Without the assistance, the project is not viable and will not be able to secure sufficient private funding (bank construction loans). Public Benefits • First and foremost, this project will be a part of solving the cities need for affordable senior housing. By providing this option to the residents of Monticello and surrounding communities, it allows those seniors to stay in a community they have been a part of for a long time. They are able to move into a more manageable residence, their existing homes turnover to the younger generation and ultimately supports future growth for the city. This project also expects to create more than $35 million of incremental property value on a site that has been owned by the city for a long time and has had essentially no market value. This project will allow the city to capture the value of the land over time, which it has been unable to do over the past several years. Application Addendum — Development Team The developer represents one of the strongest senior housing teams in the country ■ The most important aspects of a senior housing development is ensuring the entire team has a deep understanding of the product and has substantial experience building and operating communities specifically designed for the senior population ■ The developer team has a long and successful track record of designing, developing and operating senior housing communities HEADWATERS DEVELOPMENT ' Development,` Construction and Operations experts D E LTA MODULAR JAYBIRD CONSTRUCTION SENIOR LIVING Headwaters Development Headwaters Development is a full service real estate development company dedicated exclusively to the senior housing segment Our partners have substantial senior housing experience, including senior housing real estate development and operations, and over $4 billion of portfolio debt and equity transactions Headwaters Development brings a depth of knowledge to the senior housing space unmatched by most generalist real estate developers in the market. It's our ability to seamlessly source project capital (both debt and equity), identify premiere locations for new project developments, execute construction management and provide operational oversight that sets us apart from our competition ■ Capital Markets: Ability to efficiently access both debt and equity providers to meet necessary capital requirements for each project ■ Market Feasibility: Analyzing markets to identify key supply and demand dynamics and demographics critical to locating the right market to initiate a new senior housing project ■ Construction Management: Coordination of development partners with a proven track record in senior housing. The development relationship plays a critical role in building the budget, creating the architectural design, obtaining appropriate permitting and licenses, and coordinating construction of the new community ■ Operations: Getting involved as early as possible to ensure the building design is optimal for the market being served and the expected level of acuity of the senior population. Coordinate community operations from fill -up through stabilization HEADWATE" -[JEVELOI'MENT- Award Winning Senior Living — Stonehaven • Voted best Senior Apartment in 2020 and 2021 • Developed by Headwaters Development, is a 97 unit senior living community offering the complete continuum of care, 78 independent living and assisted living units, 15 memory care units, and 4 rehabilitative care suites — Filled in 12 months ■ Amenities throughout the community, including a fitness center, beauty salon, library & game room, gourmet kitchen, club room, theater, arts & crafts room and a spiritual reflection room Award Winning Senior Living — Riley Crossing ■ Voted 2019 Business of the Year ■ Riley Crossing Senior Living is a Class A senior living community and Child Daycare center offering an Intergenerational experience that enhances the quality of life for both the seniors and the children ■ Developed by Headwaters Development, a 153 unit senior living community offering the complete continuum of care, 101 independent living and assisted living units, 28 memory care units, 8 rehabilitative care suites, and 16 twin homes — 45% pre -leased (Opened November 2019) — 100 student child daycare center ��1 El 2019 New Member f L,!­ of the Y. Award Riley Crossing Child & Senior Living southwest ►tne+rev CHAMBER OF COMMERCE Unmatched Quality — Willows Landing Senior Living • Developed by Headwaters Development, Willows Landing is a 93 unit senior living community offering the complete continuum of care, 78 independent living and assisted living units and 15 memory care units ■ Situated on the bluffs overlooking the beautiful Mississippi River valley. This community was specifically built to blend into the surrounding residential neighborhoods and the natural waterways of the Mississippi. ■ Amenities throughout the community, including a fitness center, beauty salon, library & game room, gourmet kitchen, club room, arts & crafts room and a spiritual reflection room ■ Opened December of 2020, nearly reached stabilization within the first year of operations a T Monticello Senior Community Senior Housing Development Specialist EDA Agenda — 01/26/22 6. Consideration of Update regarding Otter Creek Business Park (OCBP) Plats (JT) A. REFERENCE & BACKGROUND Staff is providing an update to the EDA regarding the status of proposed plats (land subdivision) in Otter Creek Business Park (OCBP) as well as the remaining process and action steps by the various approval bodies. As you will recall, the proposed facility expansion by Suburban Manufacturing and their need for additional land from the EDA along with the Shovel Ready documentation steps requires new plats to be completed and filed with the County. Two of the three previously contemplated plats are ready to be reviewed. They are: Plat Area #2. (Suburban Expansion) Staff will review Exhibit A during the meeting summarizing the changes in the lot configurations. Plat Area #3 (East and Southeastern area of OCBP) Staff will review Exhibit B during the meeting summarizing the changes in the lot configurations. The action steps in finalizing both of the new plat areas is expected to occur as is shown below: 1. EDA review - January 26, 2022 2. Final revisions -edits of Proposed Plats - late January -early February 2022 3. Council calls for Public Hearing to vacate the Drainage and Utility Easements — February 28, 2022 4. Pre -Plat by the Planning Commission — Pub. Hearing - March 1, 2022 5. City Council Public Hearing - Drainage and Utility Easement vacates (existing lot lines) - March 28, 2022 6. Final Plat consideration by the City Council (Area #1 and Area #2) — March 28, 2022 7. Final Plats recorded at Wright County — April 2022 8. EDA Public Hearing re Land Sale to Suburban (about 9,500 sq. ft. +/-) - April 13, 2022 9. Land Conveyance to Suburban (Plat Area #1) - early May 2022 EDA Agenda — 01/26/22 10. Finalize Shovel Ready Documentation Packet (Area #2) - mid -May 2022 B. ALTERNATIVE ACTIONS No Motion; informational only. C. STAFF RECONMIENDATION There are no staff recommendations. This information is provided to the EDA to answer questions and obtain feedback regarding the lot configurations in both Plat area #1 and #2 and preview a likely timeline of the various required action steps. Beyond the review and comment by the EDA, the action steps are predominantly by the Planning Commission and City Council. The EDA will hold a public hearing for the proposed land sale to Suburban in April 2022 which is needed for their 21,400 square foot expansion. D. SUPPORTING DATA A. Proposed Plat Area #1 (Suburban Mfg. area) B. Proposed Plat Area #2 (Southeast portion of OCBP) C. Aerial Photo — 2022 Proposed OCBP East —Southeast portion Shovel Ready Lots 2 1 O 1 N N 1 Q J n z LU ry Ill H 0 PROPERTY DESCRIPTION Outlot A, OTTER CREEK CROSSING 3RD ADDITION, Wright County, Minnesota. AND Outlot A, OTTER CREEK CROSSING 4TH ADDITION, Wright County, Minnesota. AND Outlot B, OTTER CREEK CROSSING 4TH ADDITION, Wright County, Minnesota. AND Lot 1, Block 1, OTTER CREEK CROSSING 4TH ADDITION, Wright County, Minnesota. PROPERTY SUMMARY 1. Subject property's addresses are shown on survey. 2. Subject property's property identification numbers are shown on survey. 3. The gross area of the subject property is 1,012,405 Square Feet or 23.242 acres. SURVEY NOTES 1. The bearing system is based on the recorded plat of OTTER CREEK CROSSING 3RD ADDITION, having an assumed bearing of N00°25'16"E for the West line of Outlot A. 2. The vertical datum is based on NAVD88. 3. Field work was completed on 12/10/2021. PLAT AREAS Proposed plat areas are as follows: Lot 1, Block 1 = 702,930 Square Feet or 16.137 acres Lot 2, Block 1 = 198,749 Square Feet or 4.563 acres Outlot A = 110,726 Square Feet or 2.542 acres Total = 1,012,405 Square Feet or 23.242 acres ADDRESSES Owner: City of Monticello Surveyor: WSB 701 Xenia Avenue South, Suite 300 Minneapolis, MN 55416 NOTE: ALL UNDERLYING DRAINAGE AND UTILITY EASEMENTS DEDICATED BY THE PLAT OF OTTER CREEK CROSSING WHICH ARE WITHIN LOT 1, BLOCK 1, SAID OTTER CREEK CROSSING HAVE BEEN VACATED PER DOCUMENT. NO. A974166. VICINITY MAP CSAH NO. 39 �\\111 S 9Q — 0 SECTION 10, TOWNSHIP 121, RANGE 25, WRIGHT COUNTY, MINNESOTA I I / ^ A I_I N 1 V\/. Div LEGEND I - - - - - - I Q FOUND SECTION MONUMENT I \ FOUND MONUMENT O SET MONUMENT I \ � SIGN DECIDUOUS TREE \ EVERGREEN TREE © PEDESTAL \ HAND HOLE I I \ \ \ vLT FIBER OPTIC VAULT I I z \ \ LIGHT POLE w W 2 \ W ,a POWER POLE W Q I F GUY WIRE � w U w \ ❑E ELECTRIC PANEL v w C \ ELECTRIC MANHOLE I ° O N LL w se CO Z SOIL BORING I I Z O o z \ \ D FLARED END SECTION w Z o 0 z \ \ \ O ® CATCH BASIN w � w Z fi U) Z \ \ \ ® BEEHIVE CATCH BASIN I U J tL H 2 O s� STORM MANHOLE w < LU � \ �s SANITARY MANHOLE I U a / Q SANITARY LIFT STATION IRR IRRIGATION CONTROL BOX � HYDRANT Z WATER VALVE �1 > SANITARY LINE » STORM LINE I 0.G. I WATER MAIN FD RLS 16233 S89053' 4"E 494.44 ° C UNDERGROUND COMMUNICATION T t E UNDERGROUND ELECTRIC F \ I I } _ F UNDERGROUND FIBER OPTIC 12 �I- y N N O T EXISTING DRAINAGE AND I I } w O I ` UTILITY EASEMENT PER i o (� �\'� o� � 103.79 \ \ C UNDERGROUND GAS PLAT OF OTTER CREEK v00 OH OVERHEAD POWER I < p I I I N CROSSING 1ST ADDITION S89°53'44"E �/�� 1 110.63 \ I oZ S89°53'44\"EFENCE Qw \ �\1vS00°06'16"W w 7 `N� z o10 CURB & GUTTER aw � I6 34.00 �' FD RLS 42621 S%0 o 0 HEDGE LINE ow OQ \ I LLI O J J z 2�O,s3 J FD 1/2" \ 1 P I PIPE TREE LINE % i� I ` \ \ \ I \ \ \ .Ep 1/2" PIPE (^ �� \� o \ ( \ 4 295 \ C/) I ` \ 0 EDGE OF c� BUILDING EDGE I w \ \� y DELINEATED . - - Q �7 ? ' T� I z \ \ \ '� WETLAND °� 49' 429 \ PLAT BOUNDARY �i I I Z I O \ �\)��OUTLOT A \ �5�� 99 �0 PROPOSED LOT LINE �p z N00 z OWNER: CITY OF MONTICELLO \ sQ I \�`) p J PROPOSED D and U EASEMENT LLJ � rn I U) p ADDRESS: UNASSIGNED \ 9O n \� J V to. j / P�� O�� � N z 0 PID: 155194000010 \ 2i9 Imo° �W �' -6 / `�� °`' uVTL_uT �� 1's2 �G, `,�o Z ���N12 2513 W LO z z U t-I II ITI /1T A \�`1 �Q L-- — N90°00'00"W 210.00 — — r��\S`�GQ ,14J �, C/ `o �� Q O FD 1/2" -- 11� / 43.48 N I I 0U I ofz `/l�J I L_\J I /n 9 —�- P otK Q O / �J�26- J A Y~ PIPE o O w \r v' ``• Q``' 3 �t.° �Q' // S87°18'42"E �� a LU 0 o I IUD Jw �_\` \\ �� 5� �o��PP�° OW�Q /,, ory z I I IF_d I wQ J \ �� EXISTING t�`tv�\ Q��� w LL w J \ \ Y O POND �° OWNER: CITY OF MONTICELLO w w / ^^ 60 w w oo 1�J \ ��L / ADDRESS: 10531 DALTON AVE Q 2 O I I I N �,i_ \ ��° ° (� LOT 3 PID: 155223001010 z w w U) Sg• O 2300 �. \ r 0 LOT 1 FD 1/2" PIPE%%° �OP� N55 ( J f j L_\J FD1/2"PIr / L�L_\J�f�\ I FD1/2"PIPE / oV,�\�P� lo ��\\ L=23.26 /9 �o / `�PkO��\ o � � 1-1 I I I I ( FD RLS �= \ — \ ^ \ � � of °55 / 12 - - 25341 R \�S9 S R=30.00 / /�, < vi \� X \ �`� / / -------I---� -�n4l�--IJ4-0�`� A=44 2455 / ;�' BLOCK �` 1 \ \FD 1/2" PIPEN88°5 '0 '�W 30�.41 - -; � - - Tom`- - - - - 1 'JIrb \FD1/2",\�\�x\\.' vvTL_\JT . \ 1 \ PIPE y \ y \�/\�/ \// \ \/ \\ o�\�'� / \ \ g0 OWNER: CITY OF MONTICELLO /� L&1TDR S: UNASSIGNED t- / PID: 155223000010 "e, / / ��1/2"PIPE I I \ \ v 14/ I I N°A�/\ NZcA\ oLc, R, 6. 00 I \� FD 1/2" PIPI' tios2i/s DRAINAGE AND UTILITY EASEMENTS ARE SHOWN THUS: 6 �{ N N l �-6 l N T T BEING 6 FEET IN WIDTH, UNLESS OTHERWISE INDICATED, AND ADJOINING LOT LINES, NOT TO SCALE AND 12 FEET IN WIDTH, UNLESS OTHERWISE INDICATED, AND ADJOINING RIGHT-OF-WAY LINES, AS SHOWN ON THE PLAT. \\ �QS?6,\ FD1/2" 7>0 0 \",-'PIPE 'PIPE 1 \ \ R d=950 \ I / 41 �\ \ \ \ Graphic Scale (in feet) kk ao\ \\A 0- 0 100 200 1 inch = 100 feet wsb SCALE: DRAWN BY: 1" = 100' SURVEY BY: CHECK BY: SR JRH z O U) W 0Y z O H a U W UJ 0 w a 0 O z O } O Q W'J� W Jwooz M wz Q 00 > Q =)nO �=ZQ o Oz 2 ~ _3 U �mOJ _ J W ~WWQZ= Q' >+ �QzOL)L d — W fn N O wU)W �J r UQ�dw �� o LLJpUzwLij = w W_ _U Z p — W in J =) Preliminary Plat CD _co C^ L 4_0 NW I..L 0 CY)N (1) L G LO U c� 0 C: N O � U 4_+ O WSB PROJECT NO. 019295-000 SHEET 1 OF 1 PLAT AREAS ci A OG� / �. zY- A •,� \ A ����. o Of O U) \ 2�`00 A w~w \ 6 \ OL � U) \ Sp / LL \ 0 w \ \ ~ \ \ FD RLS 44581 DRAINAGE AND UTILITY /,' \ \ 0� L< _yJ r 'I�v v / �� EASEMENT PER PLAT OF v v F�r L� IADDRESSES �� �Q OTTER CREEK CROSSING \ V OA� Owner: City of Monticello sA90 v \ �� / / / \ u v U I L_� I v \ \ \ �' A \ Surveyor: WSB 701 Xenia Avenue South, Suite 300 c���<i Minneapolis, MN 55416 'so y �/gyp° \\ J6,v NOTE: ALL UNDERLYING DRAINAGE AND UTILITY EASEMENTS DEDICATED BY THE PLAT OF OTTER Ld V /OF�Q -- / I ��,, n�\ I CREEK CROSSING WHICH ARE WITHIN LOT 1, � z \ p \ BLOCK 1, SAID OTTER CREEK CROSSING HAVE O SE'LY LINE OF OUTLOT A, OTTER o /, \ / CREEK CROSSING 1ST ADDITION I `SOS ,� I �\ �O BEEN VACATED PER DOCUMENT. NO. A974166. C— D LL Y Ov PROPERTY DESCRIPTION Outlot E, OTTER CREEK CROSSING, Wright County, Minnesota. EXCEPT THE FOLLOWING: That part of Outlot E, OTTER CREEK CROSSING, according to said plat recorded in the office of the County Recorder, Wright County, Minnesota, described as follows: Beginning at the most easterly corner of Lot 1, Block 1, OTTER CREEK CROSSING 1 ST ADDITION, according to said plat recorded in the office of the County Recorder, Wright County, Minnesota; thence South 41 degrees 02 minutes 17 seconds West, assumed bearing along the southeasterly line of said Lot 1, 434.31 feet; thence South 40 degrees 53 minutes 16 seconds East, 507.03 feet; thence North 41 degrees 02 minutes 17 seconds East, 434.31 feet to the northeasterly line of said Outlot E; thence North 40 degrees 53 minutes 16 seconds West, along said northeasterly line, 507.03 feet to the point of beginning. AND ALSO EXCEPT That part of Outlot E, OTTER CREEK CROSSING, according to said plat recorded in the office of the County Recorder, Wright County, Minnesota, described as follows: Beginning at the most southerly corner of Outlot A, OTTER CREEK CROSSING 1 ST ADDITION, according to said plat recorded in the office of the County Recorder, Wright County, Minnesota; thence South 41 degrees 02 minutes 17 seconds West, assumed bearing along the southwesterly extension of the southeasterly line of said Outlot A, 512.89 feet to the west line of said Outlot E; thence North 00 degrees 49 minutes 08 seconds West, along said west line, 686.83 feet to the southwesterly line of said Outlot A; thence South 49 degrees 07 minutes 40 seconds East, along said southwesterly line, 458.31 feet to the point of beginning. U191 WE Outlot A, 90TH STREET 3RD ADDITION, Wright County, Minnesota. AND Outlot F, OTTER CREEK CROSSING, Wright County, Minnesota. \ \ OLU LJJ LU < �� �� / \ MOST S'LY CORNER00 I \ ^ GJ�`� \ \ \ \ rn JO u' !, / OF OUTLOT A, OTTER CREEK PROPERTY SUMMARY \ vi w .`v / CROSSING 1ST ADDITION �� \ \ \ z �� \ 1. Subject property's addresses are shown on survey. LEGEND Q FOUND SECTION MONUMENT FOUND MONUMENT O SET MONUMENT SIGN DECIDUOUS TREE EVERGREEN TREE © PEDESTAL ® HAND HOLE vLT FIBER OPTIC VAULT LIGHT POLE ,a POWER POLE GUY WIRE ❑E ELECTRIC PANEL ELECTRIC MANHOLE sLi SOIL BORING D FLARED END SECTION ® CATCH BASIN ® BEEHIVE CATCH BASIN s� STORM MANHOLE \ SANITARY MANHOLE \ SANITARY LIFT STATION IRR IRRIGATION CONTROL BOX HYDRANT Z WATER VALVE — SANITARY LINE STORM LINE WATER MAIN O O C UNDERGROUND COMMUNICATION % \ I / \ \ \ \ 2. Subject property's property identification numbers are shown on survey. E UNDERGROUND ELECTRIC / SW'LY EXTENSION OF THE SE'LY C, ,' \ \ \ F UNDERGROUND FIBER OPTIC \ \ \ 3. The gross area of the subject property is 2,182,435 Square Feet or 50.102 acres. \ / LINE OF OUTLOT A, OTTER CREEK G UNDERGROUND GAS CROSSING 1ST ADDITION , \ � off OVERHEAD POWER �% FENCE .1 171\\ \ \, ` SURVEY NOTES - — \ / 1. The bearing system is based on the recorded plat of OTTER CREEK CROSSING, CURB & GUTTER IUD RLS 44581 I II /I / \ ` \ having an assumed bearing of S00°49'08"E for the West lines of Outlot E and Outlot F. HEDGE LINE LOT 1 N� M 2. The vertical datum is based on NAVD88. _ <� i \ \ \ BLOCK 1 I DRAINAGE AND UTILITY I /,p�� \ �� <\ \ FD 1/2" PIPE \ \ ` ^. 3. Field work was completed on 12/10/2021. EASEMENT PER PLAT OF - - - - - - - - -- _-___ ��� \� f co I I OTTER CREEK CROSSING OWNER: CITY OF MONTICELLO ADDRE�S: UNASSIGNED D 1/2" PIPE \ \\ \ I PID:1155171000050 Ne LIJ LIJ \ \ \ \ m \12 C"I TREE LINE BUILDING EDGE PLAT BOUNDARY PROPOSED LOT LINE PROPOSED RIGHT OF WAY PROPOSED D and U EASEMENT ,. �r� \\ \ \\ \\ OUTLOT A o LOT 1 /----------------„� LIJ \\ , \\ \\\ ,�, BLOCK 3 S'WLY LINE OF LOT 1, BLOCK 1, \ k I n L\ L LL — p w \ \ \ \ \ \ \ /:, /Uj �/ r,-r i j \ N6y \ 90TH STREET 3RD ADDITION n A hD \7 V V C� \IT oo OWNFRf-C%T2FIM91` T J�LLO Y „ 3� I n f1 U \ \ V V I I L ���� / I i / / M / L) n NA I�¢��lD UT� T OF J •`� L-51.31 \ N LINE OF VACATED O \ \\ \\ ` \,\ / I I / cNn / `/ \ 1i PID: 1��(ER PASSING / / _ �\ CHELSEA ROAD WEST 4- EATER CREEK CR / / �% \ - R=30.00 FD 1/2" PIPE \ / I \� \ \ FD RLS 15233 — — — — o— — FD RLS 23968 ' OT ^ I iTl nT �� A=97059'36/' - 12 \ \ �/i ��1o0g3 72 / 88.94 \ N / ° S88°38'27"E 666.91 / N � 10' \ \ \ \ \ \ \ / �\ 'y S88 54 20 � O EASEMENT PER PLAT IOF \,-- 90TH/ / / ���0 ��O`�� STREET 3RD ADDITION - / J O z DRAINAGE AND UTILITY Q o EASEMENT PER PLAT OF / I �� 0 I \ \ lz p 1 \ OTTER CREEK CROSSING / �c o0 `J ° (p QwLU � ' \\\ 1 ��AcT�i ` �' \\\ /!�/� FDRLS22703 Z CL OF VACATED �\ Q Lu L0 O A \ \ �\ CHELSEA ROAD WEST Iwo LIJ \ \ S19;i0� o FD 1/2" PIPE /A \ s70 \\ I </�,I \\\ \\ \\ \ —VICINITY MAP — LOT 1 �90 `\ CSAH NO. 39 OWNER: CITY OF MONTICELLO EDA ADDRESS: UNASSIGNED PID:155171000060 BLOCK 6L? \\ I \ I L -14 I /'1 T r- \ \ \ \ T \ F D 1/2" REBAR LOT 2 \ \ \ / \� \ I S00020'16"E CENTERLINE OF 60 FT TEMPORARY \,� \ \ \\�° \ 0.91 STORM WATER DRAIN EASEMENT PER DOC. NO. 731770 \ ` \\� FD 1/2" \ I I (EXPIRED YET ???) \ \ / PIPE \ DRAINAGE AND UTILITY PIPELINE EASEMENT PER DOC. NO. 724490 — — — — — — — — — — — — — — — —I i� w a_ - 1 34.50 LL 1 L�\JI NLJ1-1 U 2 r EASEMENT PER PLAT OF� �- _ �\ OTTER CREEK CROSSING 60 '1'F T ' FD 1/2" / J �� \ \ \ OC'1�01 F/CT SOT\ \ ----------------------�—— — — — — / PIPE �� J \ \'I'OSF T'A O�\ '6�cc�4 7,s \ �9�xS88°59'20"E 1121.27 Ss'oTti —\ LJ LJ I I I \-/ 1 V � \ \ ti LO SECTION 10, TOWNSHIP 121, RANGE 25, WRIGHT COUNTY, MINNESOTA L S LINE OF VACATED i CHELSEA ROAD WEST i L CHELSEA ROAD WEST VACATED PER DOC. NO. Al091043 (CITY RESERVES DRAINAGE AND UTILITY EASEMENT HOWEVER) DRAINAGE AND UTILITY EASEMENTS ARE SHOWN THUS: IN II N 6 i{ N N NOT TO SCALE I6 I�I -1--- J L---1- BEING 6 FEET IN WIDTH, UNLESS OTHERWISE INDICATED, AND ADJOINING LOT LINES, AND 12 FEET IN WIDTH, UNLESS OTHERWISE INDICATED, AND ADJOINING RIGHT-OF-WAY LINES, AS SHOWN ON THE PLAT. Graphic Scale (in feet) 0 100 200 1 inch = 100 feet wsb SCALE: DRAWN BY: 1" = 100' SURVEY BY: CHECK BY: SR JRH Z O U) LLI 0Y z O a O LU 0 LLJ a 0 O z O � Z O) JLLI C) O Z Q W � nO 0 U) U)Lu< 1-- _ ~ J [� m 0 J L1J QLU<zr- =QZOLL_ �w0U)0 LL W 5 LL LLI (nW OfJ Lu < 0- � =) � 000Lu zw =wWUz W F5 J 5 M 0 00 Ln Preliminary Plat CD _co C^ L 4-0 NW I..L 0 CO (1) v, (/) L G Q LO U c� N � N O � U 4-0 WSB PROJECT NO. 019295-000 SHEET 1 OF 1 Y OCBP Shovel Ready Sites CITY OF Monticello 1 in = 376 ft N A September 8, 202 Map Powered By oataLink ,A►t-h EDA Agenda: 01/26/22 7. Economic Development Director's Report (JT) A. Project Stallion Proposed Expansion — Discussions continue with Project Stallion regarding funding assistance programs and mechanics of how they can be used. A follow up meeting with Project Stallion scheduled for Monday, January 24, 2022. B. CET Grant Scope of Work Projects: Several projects that have been funded through the CET Grant Program are in progress or nearing completion. They include: ✓ A Comprehensive Water Supply System Plan — HR Green ✓ A Comprehensive Sanitary Sewer System Plan — Bolton and Menk ✓ Additional OCBP land site improvement designs and costs — WSB & Associates An assessment of a potential East Monticello Industrial Development area is being solicited for study through an RFP. The RFP is attached. Submittal proposals are due at 4:00 p.m. on January 28, 2022. See Exhibit A. C. Wright County Economic Development Partnership Annual Meeting —January 28th, 2022, at 7:30 a.m. at River City Extreme, Monticello, MN (refer to Exhibit B) D. Prospect List Update: Please see the updated Prospect List as Exhibit C. City of Monticello REQUEST FOR PROPOSAL (RFP) Monticello Area Industrial Land Use Feasibility Analysis The City of Monticello is requesting proposals for a land use feasibility analysis evaluating the potential for long-range industrial land use. The areas of analysis focus primarily on the eastern side of the Monticello Orderly Annexation Area (MOAA) and area to the eastern boundary of Monticello Township, as well as reconfirmation of prior analysis in the northwest area of the MOAA. This analysis will assist the City with long-range land use, infrastructure and financial preparation and planning. Acceptance of Proposal Contents The contents of this RFP will be included as part of the contractual obligations if a contract ensues. All information in the proposal is subject to disclosure under the provisions of Minnesota Statutes Chapter 13-Minnesota Government Data Practices Act. Please contact the following person or department for more information or to request specifications for the project: Name: Angela Schumann Department: Community Development Phone and/or Cell: 763-271-3224 (office) Email: angela.schumann@ci.monticello.mn.us To submit an RFP or quote, please send a digital copy to the following email: Hayden.Stensgard@ci.monticello.mn.us Proposals are due by: Friday, January 28t", 2022 at 4:00 PM (CST) Project Overview and Outcome As Monticello continues to plan for a strategic transition from an energy -based economy, the City is evaluating long-range opportunity areas for tax base and job growth. The City of Monticello is requesting proposals for a feasibility study on land area beyond its current eastern municipal boundary for industrial development. The desired analysis will include information gathered to complete the scope of work below as well as next step recommendations for the City's consideration as an outcome of the analysis. The information provided in the feasibility analysis will be a reference for policymakers and staff for future decisions on industrial land development. In recent years, a variety of preliminary analysis was completed on potential industrial land use in the Northwest area of Monticello. The information in the prior analysis for the Northwest area will be reconfirmed along with the study of the eastern Monticello area as part of the project scope. Scope of Service All proposals should include an initial staff and consultant meeting to develop a clear project path and final detailed scope. City of Monticello REQUEST FOR PROPOSAL (RFP) Monticello Area Industrial Land Use Feasibility Analysis The city is not requesting completion of a Phase I Environmental Site Assessment or certificate of survey on these study areas as part of the feasibility analysis. Feasibility analysis will rely on publicly available data sources. A. East Monticello Area Industrial Feasibility o General Site Characteristics/Constraints ■ Topography ■ Existing and planned transportation access ■ Wetlands/Shoreland/Floodplain ■ Utility corridors ■ Soil types ■ Known environmental hazards o Land Use ■ Size of parcels ■ Developable acreage based on site characteristics ■ Schematic development layouts best suited for the area based on site characteristics and transportation and utility corridor planning • Recommendation of Industrial land use types based on land area and character o Transportation ■ Potential interchange locations with 1-94 ■ Analyze adjacent jurisdiction land-use/transportation plans identifying future partnering options for major transportation improvements. ■ Potential connections with existing and planned road network in Wright County and the cities of Monticello, Otsego, and St. Michael. B. Northwest Monticello Area o Consolidation and reconfirmation of previous analysis on the planned industrial land area in the Monticello Northwest area, including: ■ General Site Characteristics/Constraints • Topography • Soil types • Existing and planned transportation access • Wetlands/Shoreland/Floodplain • Utility corridors • Known environmental hazards ■ Land Use • Size of parcels • Developable acreage • Schematic development layouts best suited for the area defined and based on site characteristics and transportation and utility corridor planning 2 1 P a g e City of Monticello REQUEST FOR PROPOSAL (RFP) Monticello Area Industrial Land Use Feasibility Analysis Project Timeline The final feasibility analysis and deliverables are required no later than May 1, 2022, with all invoicing for the project complete by May 15t", 2022. Proposal Format Proposal submittal should follow the Table of Contents listed below: 1. General Information 2. Project Understanding 3. Project Approach 4. Proposed Project Team and Experience 5. Comparable Project References 6. Schedule 7. Any Additional Information as Needed 8. Project Cost Project Deliverables 1. Original and .pdf files of all feasibility analysis content, including drafts and final 2. East Monticello Transportation network connection options 3. Executive summary 4. Recommendation for additional analysis and next steps 5. Five (5) printed copies of the final document 6. GIS layers of all maps created for the report Consultant Selection Proposals will be reviewed and evaluated by a team of City Staff on the basis of the following criteria: 1. Consulting firm references and qualifications. 2. Key project staff experience with similar projects. 3. Proven track record in successfully completing similar projects on time and within budget. 4. Proposed approach to completing the project. 5. Proposed consultant cost. Following review, staff's recommendation for consultant selection will be forwarded to the City Council for decision. The City Council may refuse all proposals and elect not to proceed with the project. References/Resources If a consultant has past experience that is relative to the work detailed above, please provide information on the projects as references. Exhibits 1. Feasibility Analysis Areas — Map 3 1 Page City of Monticello REQUEST FOR PROPOSAL (RFP) Monticello Area Industrial Land Use Feasibility Analysis Contract Term and Conditions Upon selection of a Consultant, an Agreement or Contract for Services, shall be entered into by the City and the Consultant. It is expected that the contract will provide for compensation for actual work completed on a not to exceed basis, and the following conditions: 1. Deletions of specific itemized work tasks will be at the discretion of the City. Payment or reimbursement shall be made based on tasks that have been satisfactorily completed. Billing that exceeds the not to exceed amount will not be compensated unless a contract extension has been approved in advance by the City. 2. The City shall retain ownership of all documents, plans, maps, reports and data prepared under this proposal. In addition to being provided hard copy and digital documents throughout the project, upon completion the consultant shall supply the City with a fully scanned (Laserfiche) project file including all project components. 3. If, for any reason, the Consultant is unable to fulfill the obligations under the contract in a timely and proper manner, the City shall reserve the right to terminate the contract by written notice. In this event, the firm shall be entitled to just and equitable compensation for any satisfactory completed work tasks, as determined by the City Engineer. 4. The Consultant shall not assign or transfer any interest in the contract without prior written consent of the City. S. The Consultant shall maintain comprehensive general liability insurance in accordance with Section 466.04 of the Minnesota Statutes. 6. The Consultant shall defend, indemnify and hold harmless the City of Monticello, its officials, employees and agents, from any and all claims, causes of action, lawsuits, damages, losses or expenses, including attorney fees, arising out of or resulting from the Consultant's (including its officials, agents, subconsultants or employees) performance of the duties required under the contract, provided that any such claim, damages, loss or expense is attributable to bodily injury, sickness, diseases or death or injury to or destruction of property including the loss of use resulting therefrom and is caused in whole or in part by any negligent act or omission or willful misconduct of Consultant. 7. The Consultant contract shall be governed by the laws of the State of Minnesota. 8. Project summaries shall be submitted with each invoice during the course of the project. Each summary shall detail the amount billed to date, work items that need to be completed, the estimated costs to complete these tasks and the projected timeline for the completion of 4 1 P ii c City of Monticello REQUEST FOR PROPOSAL (RFP) Monticello Area Industrial Land Use Feasibility Analysis the project. Invoices submitted to the City shall include a detailed breakdown of times, personnel, mileage, etc. chargeable for that period. NOTES The City of Monticello reserves the right to reject any or all quotes, to waive technical specifications or deficiencies, and to accept any quote it may deem is in the best interest of the City. The consultant must comply with all local and State laws, rules, and regulations. The consultant will be required to meet the insurance specifications as needed for the project and as required by law. It shall be the responsibility of the consultant to supply all necessary tools, supplies and equipment to perform the work as requested. Responding consultants shall submit to the City a signed statement under oath by an owner or officer verifying compliance with each of the minimum criteria in Minn. Stat. § 16C.285, subd. 3. at the time that it responds to this solicitation document. A false statement under oath verifying compliance with any of the minimum criteria shall make the consultant that makes the false statement ineligible to be awarded a project and may result in termination of contract. The Consultant shall invoice the City within 30 days of the completed project at the rates agreed to in the contract. The City shall make payment within 35 days of receipt of invoice unless other terms are written in the contract. The City of Monticello shall retain the right to terminate the contract with seven (7) days' notice should the Consultant fail to perform work in a professional manner or perform the work within the demands and time constraints established by the City of Monticello. Failure to maintain necessary licenses and/or insurance coverage is grounds for termination of the Contract. The contract could be terminated upon mutual agreement between the City and the Consultant, provided that at least 30 days' notice is given by either party prior to termination. The contract may be terminated by the City at any time upon discovery by the City that the consultant has submitted a false statement under oath verifying compliance with any of the minimum criteria set forth in Minn. Stat. § 16C.285, subd. 3. The Consultant will be required to indemnify the City against all suits, claims, judgments, awards, loss, cost or expense (including attorney's fees without limitation) arising in any way out of the Contractor's performance or non-performance of its obligations under the Service Contract. Contractor will defend all such actions with counsel satisfactory to Owner at its own expense, including attorney's fees, and will satisfy any judgment rendered against Owner in such action. 5 1 P a g e LLJ k4n D 0 z uj cr U- 00 m Jim Thares From: Missy Meidinger <admin@wrightpartnership.org> Sent: Thursday, January 20, 2022 1:30 PM To: Jim Thares Subject: 2021 WCEDP Annual Meeting Wdght Courty Economic Development Partnership f0f 2021 WCEDP Annual Meeting 8. Awards Presentation! Featuring Keynote Speaker Dr. Cindra Kamphoff January 28, 2022, Everyone is welcome Join us for a f 1�e breakfast as we celebrate this years successes! We will present our 4 annual awards... Outstanding High Economic Vitality Business of the Year - Pellco Outstanding Start -Up Entreprenuer of the Year - OutDo Work Outstanding Citizen of the Year - Laura Franklin Outstanding Partner Investor of the Year - Rob Stark Welcome our new Board Members & Appoint our 2022 Officers Enjoy a great Keynote Speaker as she shares with us... "Beyond Grit" Embracing Passion and Perseverance to Gain the High -Performance Edge The foundation of Cindra's keynote is based on her Top 10 Practices of the World's Best. Her Top 10 Practices outlines the differences between successful and less successful people. • Understand the psychology behind the World's Best to fully take • advantage of your mindset • Learn how to access your unlimited supply of passion and purpose • Gain practical tools and strategies to deal with adversity, mistakes and the unexpected • Discover the biggest mindset mistake and how to avoid it • Gain clarity of where you are going in your life and work and why • Learn how to build your personal purpose statement to help you live and work with motivation • Understand how to master your thinking to increase positivity to help you be at the best for your team and others • Whether you're seeking to own your dream business, triple your income, be the best you can be in your sport, or merely achieve a higher level of personal satisfaction, Beyond Grit shows you how. Inspiring and practical, Kamphoff will show you how to "own your why," develop your grit, take control of your future, discover your purpose, thrive under pressure, and be your best more often. TIME Doors open at 7:30am, meeting concludes at 10:00am (Breakfast is provided!) Location River City Extreme 3875 School Boulevard Monticello, MN 55362 RSVP TODAY www.wrightpartnership.org/events or Email Missy at admin@wrightpartnership.org 2 Thank You To Our Sponsors 11C�? XcelEnergy MA � M wsb OUTDOOR ADVERTISING CrS COMMERCIAL REALTY SOLUTIONS www.crs•mn,com 0 TY Real People. Real Solutions. (W CorTrustBank, %vii 0 Wright -Hennepin Cooperative Electric Association A Touchstone Energy" Cooperative EdwardJones MAKING SENSE OF INVESTING Webversion AA AA / AA AA Unsubscribe Wright County Economic Development Partnership,A,A 1405 3rd Ave NE Buffalo, MN 55313A,A 3 11/17/2016 6/22/2017 10/17/2017 5/22/2018 7/30/2018 8/10/2018 11/29/2018 12/14/2018 3/28/2019 5/9/2019 8/16/2019 9/19/2019 1/20/2020 PROSPECT LIST Company Name Business Category Project Description MN DEED Prospect Metal Mfg. Exist Facility + Equip Project Armstrong Precision Machining New Facility Constr. + Equip UMC Project #6580 Metal Mfg. New Facility Constr. Project Ted Equipment Mfg. New Equipment Karlsburger Foods Food Products Mfg. Facilty Expansion Project Saturn Plastic Products Mfg. New Construction 12/03/2021 Building -Facility Retained Jobs New Jobs Total Investment Project Status 65,000 sq. ft. 0 55 - $2,500,000 Active Search 100 58,000 sq. ft. 205 60 $10,831,000 Almost Done 70,000 sq. ft. 0 49 $5,480,000 On Hold N/A 45 ? $650,000 Concept Stage 20,000 sq. ft. +/- 42 10 to $4,500,000 Act -Plan -Fin 20 5,000 +/- sq. ft. 4+/- $830,000 Active Search Project Jupiter Metal Mfg. New Construction 5,000 sq. ft. +/- 3 $800,000 Active Search Project Blitzen Precision Machining Exist Bldg or New Const. 12,000 sq. ft. 10 $1,200,000 Concept Stage Project Comet Commercial Bus New Const. 1,700 sq. ft. +/- 7 $700,000 Active Search Project Nutt Co -Working Space Existing Building ? ? ? ? Concept Stage Project FSJP Light Mfg -Res. Lab New Construction 20,000 sq. ft. 0 20+/- $1,400,000 Active Search Project Jaguar Office New Construction 22,000 sq. ft. 22 4 $2,700,000 Active Search Project Kata Service New Construction 22,000 to 35,000 sq. a 0 25 $7,900,000 Concept Stage Project Panda v3 Service -Child Care New Construction 10,500 sq. ft. 0 21 $4,100,000 Active Search 3/31/2020 8/27/2020 1.2/23/2020 11/5/2020 2/16/2021 2/18/2021 2/18/2021 3/19/2021 4/23/2021 6/3/2021 Project GiaSaurus Medical Prod. Mfg. New Construction 175,000 sq. ft. 0 Project Nuss Combo Service -sale New Construction 30,000 sq. ft. 0 Project TO Industrial Existing or New Construction 10,000 to 15,000 sq. 0 ft. Project Flower Office Existing 7,000-8,000 sq. ft. 0 Project Cold Industrial -Warehouse -Di New Construction 80,000 sq. ft. 0 stri Project Shay Lounge -Restaurant Existing Bldg. 2,200 0 Project Counsel Office -Service New Construction 5,600 sq. ft.24 Project Orion Warehouse-Distributi New Construction 832,500 sq. ft. 0 on 75 $50,000,000 Active Search 20 to $3,500,000 Almost Done 30 5 to 7 $800,000 Concept Stage 12 $750,000 Concept Stage 21 $12,000,000 Concept Stage 4 $150,000 Concept Stage 3 $1,120,000 Building Completed 500 $125,000,000 Active Search Project Emma Light Ind -Assembly New Construction 20,000 sq. ff. 0 4 $1,350,000 Active Search Project FCW Service New Construction w Redev 4,000 sq. ft. 0 9 $4,619,000 Concept Sta 6/16/2021 Project LJBAA Child Care Services New Construction or Exist 5,000 sq. ft. 0 14 to 19 $2,000,000 Act Search 6/30/2021 Project Ecosphere Industrial Tech Mfg. New Construction 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 $650,000 Active Search 8/12/2021 Project Integrity Precision Mfg. New Construction 100,000 sq. ft. 0 60 $14,800,000 Cancelled 10/28/2021 Project Stallion Technology Service New Construction 42,000 sq. ft. 40 $3,600,000 Active Search