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HomeMy WebLinkAbout03/22/2018 EDA MeetingECONOMIC DEVELOPMENT AUTHORITY City of Apple Valley Dakota County, Minnesota March 22, 2018 Minutes of the regular meeting of the Economic Development Authority of Apple Valley, Dakota County, Minnesota, held March 22, 2018, at 6:00 p.m., at Apple Valley Municipal Center. PRESENT: Commissioners Bergman, Goodwin, Grendahl, Hamann -Roland, Hooppaw, Johnson and Melander ABSENT: City staff members present were: Executive Director Tom Lawell, Community Development Director Bruce Nordquist, Finance Director Ron Hedberg, Planner/Economic Development Specialist Alex Sharpe and Department and Assistant Joan Murphy. Meeting was called to order at 6:00 p.m. by President Hooppaw. APPROVAL OF AGENDA MOTION: of Hamann -Roland, seconded by Bergman, approving the agenda. Ayes - 7 - Nays - 0. CONSENT AGENDA MOTION: of Hamann -Roland, seconded by Grendahl, approving the minutes of the meeting of January 25, 2018, as written. Ayes - 7 - Nays — 0. OPEN TO BUSINESS PROGRAM Community Development Director Bruce Nordquist introduced Laurie Crow, Business Coordinator with Open To Business (OTB). Ms. Crow provided an update on how the program is progressing in Dakota County and made comparisons to surrounding counties. The program is offered through the Metropolitan Consortium of Community Developers (MCCD), and helps small businesses and entrepreneurs that need individual advice and counseling, and access to capital that is not available from the commercial banking system. Small businesses and entrepreneurs generate a significant number of jobs and income, but are often unable to obtain traditional funding because they are considered too risky by many lending institutions. The technical assistance and financing network offered by MCCD can make a difference in creating a successful business. Ms. Crow reported on the successes of the OTB program in Apple Valley and introduced Mikey Fornicoia from Brown Box Tees. Mr. Fornicoia spoke of his experiences of opening a business and how the program helped him. Discussion followed. Economic Development Authority City of Apple Valley Dakota County, Minnesota March 22, 2018 Page 2 2040 COMPREHENSIVE PLAN UPDATE Community Development Director Bruce Nordquist introduced the Economic Development chapter. He said in 2008, for the 2030 Comprehensive Plan Update, an "Economic Development" Chapter was added, one of the first in the Region, to include a strategic plan on this topic. Much of that framework will continue, highlighting: • The $110 million in business attraction, retention and expansion observed from 2011 to 2015 that paralleled the launch of the Red Line and completion of 147th Street. • Significant expansion, investment and employee growth at Uponor and Wings Financial. • Apple Valley's strength in its primary retail trade area of approximately 7 miles where an estimated population of 230,000 with an annual income of $98,590 presently resides and is growing. • The redevelopment of the 414 acre active mining area centered at CSAH 42 and Johnny Cake Ridge Road as a mixed business campus; and the efforts by the owner, Rockport LLC, to attract medical services as a dominant user. • The redevelopment of the 60 acre Hanson Concrete/Menard parcel, to be redeveloped as a proposed mix of home improvement supply retail and industrial uses adjacent to a fuel storage facility. The Chapter will also expand in the following areas: • Addressing business climate change; long term sustainability and resilience, the trend toward the retailization of medical services which Apple Valley is well positioned for, facilitating a trained workforce matching demand, and a continuation of pro-business relationships. • Encouraging retail place making that offers experiential amenities and tenant mix. • Selective redevelopment and vertical mixed use in our transit station area while also protecting established adjacent uses. • Recognition that significant technological advances are anticipated in use of vehicles, the delivery of people, goods and services and communication. • Continue as a Green Step City leader in sustainability, resilience and energy conservation. Since 2010, every business client meeting with staff has received a copy of the Economic Development Chapter. Staff will continue to pursue the positive aspects of competition with cities to attract and retain business, and people, as the best city to live, work, shop, learn and recreate. Many cities may add an economic development chapter but few will have our successful experiences to date in the use of the Chapter. Apple Valley continues to display a strong brand where you can Plant — Grow — Prosper! Discussion followed. ADJOURNMENT MOTION: of Melander, seconded by Bergman, to adjourn. Ayes - 7 - Nays - 0. Economic Development Authority City of Apple Valley Dakota County, Minnesota March 22, 2018 Page 3 The meeting was adjourned at 6:46 p.m. Respectfully Submitted, Joant ray urphy, Department Assist Approved by the Apple Valley cono is Development Authority on 5,1 Cli7t Hooppa J , President