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HomeMy WebLinkAbout11/07/20126. LAND USE/ACTION ITEMS This agenda is subject to change by deletion or addition to items until approved by the Planning Commission on the date of the meeting. CALL TO ORDER 2. APPROVAL OF AGENDA 3. APPROVAL OF MINUTES OF OCTOBER 17, 2012 4. CONSENT ITEMS —NONE-- PUBLIC HEARINGS PLANNING COMMISSION AGENDA November 7, 2012 7:00 P.M. Apple Valley Municipal Center 7100 — 147th Street West A. Menards-Hanson Property I.U.P. — Public hearing to consider an interim use permit to allow for crushing and temporary storage of concrete material generated from three demolished buildings on the site. LOCATION: 6055 — 150th Street West PETITIONER: Menard, Inc. A. Consistency of Parkside Village Project TIF Plan with the Comprehensive Plan Consider resolution finding that the amendment to the "Master Development District" and "Master Development Program" for the Parkside Village Project "TIF Plan" is consistent with the Apple Valley 2030 Comprehensive Plan. 7. OTHER BUSINESS A. Review of upcoming schedule and other updates. 8. ADJOURNMENT NEXT PLANNING COMMISSION MEETINGS Wednesday, December 5, 2012 Regular Scheduled Meeting -Public hearing applications due by 9:00 a.m. on Wednesday, November 7, 2012 -Site plan, variance applications due by 9:00 a.m. on Monday, November 26, 2012 7:00 P.M. Wednesday, December 19, 2012 Regular Scheduled Meeting -Public hearing applications due by 9:00 a.m. on Wednesday, November 21, 2012 -Site plan, variance applications due by 9:00 a.m. on Monday, December 10, 2012 NEXT CITY COUNCIL MEETINGS Thursday, November 8, 2012 Informal 5:30 P.M. Regular Scheduled Meeting 7:00 P.M. Tuesday, November 20, 2012 Regular Scheduled Meeting 7:00 P.M. 7:00 P.M. Regular meetings are broadcast live on Charter Communications Cable, Channel 16. Agendas are also available on the City's Internet Web Site http://www.cityofapplevalley.org. CALL TO ORDER CITY OF APPLE VALLEY PLANNING COMMISSION MINUTES OCTOBER 17, 2012 The City of Apple Valley Planning Commission meeting was called to order by Vice-Chair Burke at 7:00 p.m. Members Present: Ken Alwin, Tim Burke, Keith Diekmann, Paul Scanlan and Brian Wasserman. Members Absent: Tom Melander and David Schindler Staff Present: Community Development Director Bruce Nordquist, City Planner Tom Lovelace, Associate Planner Kathy Bodmer, City Attorney Sharon Hills, Assistant City Engineer David Bennett and Department Assistant Joan Murphy. 2. APPROVAL OF AGENDA Vice-Chair Burke asked if there were any changes to the agenda. MOTION: Commissioner Alwin moved, seconded by Commissioner Diekmann, approving the agenda. Ayes - 5 - Nays - 0. . APPROVAL OF MINUTES OF OCTOBER 3, 2012. Vice-Chair Burke asked if there were any changes to the minutes. Hearing none he called for a motion. MOTION: Commissioner Alwin moved, seconded by Commissioner Diekmann, approving the minutes of the meeting of October 3, 2012, as written. Ayes - 5 - Nays — 0. 4. CONSENT ITEMS A. Majestic Cove Apartments Sign Variance — Consideration of a setback variance to allow for the replacement of an existing monument sign to be constructed at the existing sign's current location. (PC12-36-V) LOCATION: Southeast corner of 157th Street West and Cedar Avenue, 7472 — 157th Street W. PETITIONER: Stephen Haight MOTION: Commissioner Diekmann moved, seconded by Commissioner Alwin recommending approval for a 10.7 sign setback variance from the 13' setback requirement for the Majestic Cove sign at 7472 - 157th Street West, allowing the sign to be located 2.3' from the newly established right-of-way line of Cedar Avenue, based upon the following findings: 1. The property owner wishes to replace an existing sign with a new sign in the same location. CITY OF APPLE VALLEY Dakota County, Minnesota Planning Commission Minutes October 17, 2012 Page 2 of 11 2. The petitioner will not expand the size nor increase the height of the sign. 3. There will be no negative impacts on neighboring properties resulting from this variance. 4. The variance is needed based upon actions taken by Dakota County in connection with the Cedar Avenue reconstruction project and is not a result of actions taken by the property owner. And additional conditions: 1. The variance is approved for the sign in the location as of the date of the variance approval and as depicted on the Dakota County Highway Department drawing received in City Offices on August 29, 2012. 2. The applicant/owner shall file and record the City Council Resolution granting the variance against the property at the Dakota County Recorder's Office. Ayes - 5 - Nays — 0. 5. PUBLIC HEARINGS --NONE-- 6. LAND USE/ACTION ITEMS A. Parkside Village (formally known as Legacy North) — Consideration of proposed development zoning amendments, preliminary plat, and site plan/building permit authorization to allow for two multiple-family buildings totaling 322 units in the former Legacy North development. (PC12-31-ZSBG) LOCATION: Northeast corner of Galaxie Avenue and 153rd Street W. PETITIONER: IMH Special Asset NT-AVN, LLC, and Titan Development. Associate Planner Kathy Bodmer stated the property owner, IMH Special Asset NT 176-AVN, LLC and the developer, Titan Development, wish to develop two multiple family buildings with a total of 322 units in the Parkside Village, located on the northeast corner of Galaxie Avenue and 153rd' Street. They are requesting consideration of amendments to PD-739 Zoning District (Central Village), preliminary plat and site plan/building permit authorization. Ms. Bodmer said the Planning Commission held the public hearing for this item at its September 19, 2012, meeting. The revised plans indicate that the number of units has been reduced from 332 units down to 322 units, a reduction of 10 units. The Galante building had been reduced from 134 to 126 units while the Gabella building has been reduced from 198 to 196 units. The units were reconfigured and some of the smaller units were made larger, but no changes were made to the footprint of the buildings. She reviewed characteristics, setbacks, and amenities for the two buildings. She stated the petitioner requested several amendments to Planned Development No. 739. During the review of the request to vacate the drainage and utility easements in order to create the buildable lot, Center CITY OF APPLE VALLEY Dakota County, Minnesota Planning Commission Minutes October 17, 2012 Page 3 of 11 Point Energy informed the City that it has a gas main located along Galaxie Avenue and 153rd Street which requires a minimum ten foot (10') drainage and utility easement. As a result, the building had to be shifted east to ensure it is out of the easement area. She stated the City Engineer raised a concern about the elevation of the underground garage in relation to the elevation of the stormwater pond. The petitioner proposes to disconnect the trench drain and to use a pump to address the potential flooding issue. The City Engineer has indicated that he is amenable to this solution and would work with the petitioner to finalize the design. Ms. Bodmer reviewed surface and garage space design, elevation drawings, landscape plans, vacation of Fontana Trail from Gabella Street to 152nd Street and addressed questions and concerns that were brought forward from the public hearing. Staff found that the project complies with the requirements of the zoning and subdivision code requirements and the planned development zoning district. Commissioner Alwin inquired if the narrower garage parking spaces for the Galante building would be allocated to particular units or to residents upon request. Tony Patinella, Titan Development, LLC, answered they would encourage the use of narrower parking spaces for those with compact vehicles. Commissioner Scanlan asked for clarification on the rezoning changes. Ms. Bodmer summarized that new zones would be created and stated none of the property on the west side of Galaxie Avenue would be impacted. Commissioner Scanlan asked of the wing shortening of the Galante building was shortened initially from what was first shown on the sketch view. Ms. Bodmer stated the wings were shortened from the sketch plan to the first plan but since the public hearing the wings were the same length. Commissioner Diekmann commented on the Galante building and the encroachment into the drainage and utility easement. He stated that one of the architectural features of that building was the ability to get to the street level and asked what other design would not create an encroachment. Ms. Bodmer stated staff is working with the developer. It could take shifting the building, perhaps working with the utility company to come up with a shorter easement, or coming up with a different design. Commissioner Diekmann stated he would rather not lose that feature. Ms. Bodmer stated the Attorney's office is looking at a solution to keep it a walkable active street front that is an important design consideration. CITY OF APPLE VALLEY Dakota County, Minnesota Planning Commission Minutes October 17, 2012 Page 4 of 11 MOTION: Commissioner Diekmann moved, seconded by Commissioner Alwin, recommending approval to the PD-739 (Central Village) with the following conditions: a. Rezone Blocks 3, 7, and 8, The Legacy of Apple Valley North, to Zone 3, to allow those uses as set forth for Zone 1. b. Rezone all of Lot 1, Block 1, The Legacy of Apple Valley North, to Zone 4 which would allow those retail and commercial uses as set forth for Zone 2 (no mixed-use required) in a single-story building with a 2-story design. c. The height of the commercial buildings in Zone 4 as measured from grade shall be a minimum of 25 feet and shall be designed to appear as a two-story building. d. Delete Zone lA regulations from Article A31 of the City Code. e. Allow 10% of parking stalls in an underground parking garage to be 8.5' wide in Zone 3 adjacent to Galaxie Avenue. f. Allow the depth of 90 parking stalls to be reduced to 19 in Zone 3 adjacent to Galaxie Avenue. Ayes - 5 - Nays O. MOTION: Commissioner Diekmann moved, seconded by Commissioner Alwin, recommending approval of retaining Zone 2 zoning designation (mixed use) for Block 9, The Legacy of Apple Valley North. Ayes - 5 - Nays - 0. MOTION: Commissioner Diekmann moved, seconded by Commissioner Scanlan, recommending approval of rezoning of Block 10, The Legacy of Apple Valley North, to Zone 3 (residential), and allow for assisted care facility on said Block 10. Ayes - 5 Nays 0. MOTION: Commissioner Diekmann moved, seconded by Commissioner Alwin, recommending approval of the preliminary plat of Parkside Village, subject to compliance with all code requirements and the following conditions: a. Approval of the preliminary plat is subject to the approval of the vacation of the right- of-way of Fortino Street, the right-of-way of Fontana Trail, and all existing drainage and utility easements. b. Drainage and utility easements shall be dedicated in accordance with the City's subdivision ordinance. c. A 30' drainage and utility easement shall be dedicated for the relocated 24" storm sewer line east of the right-of-way line of Fontana Trail in the location directed by the City Engineer. d. A minimum 10' drainage and utility easement shall be dedicated adjacent to Galaxie Avenue and 153rd Street West rights-of-way. e. A cash-in-lieu of land parkland dedication shall be required in accordance with the City's dedication formula in the subdivision ordinance. Stormwater pond dedication has been previously satisfied. CITY OF APPLE VALLEY Dakota County, Minnesota Planning Commission Minutes October 17, 2012 Page 5 of 11 Ayes - 5 - Nays - O. MOTION: Commissioner Diekmann moved, seconded by Commissioner Scanlan, recommending approval of the site plan and give building permit authorization to construct the 126-unit Galante building without encroachment into the Galaxie Avenue utility and drainage easement and the 196-unit Gabella building in the Parkside Village subject to compliance with all City code requirements and construction standards and the following conditions: a. Approval of the building permit is subject to approval and publication of zoning amendments to Planned Development No. 739, Article 31 of the City Code, and execution of a Planned Development Agreement. b. Approval of the building permit is subject to the approval of the vacation of the right- of-way of Fortino Street, the right-of-way of Fontana Trail, and all existing drainage and utility easements. c. Approval of the building permit is subject to approval of the final plat and development agreement of Parkside Village. d. A landscape bid list that confirms that the landscape plantings meet or exceed 2-1/2% of the value of the construction of the building based on Means Construction Data shall be submitted at the time of building permit application. e. The landscape plan shall be revised to replace the honeylocust trees along Galaxie Avenue with a tree that is better suited to the limited size of the planting area to be reviewed and approved by the Natural Resources Management Coordinator. f. A lighting plan shall be submitted at time of building permit application. g. A hauling and staging plan shall be submitted at time of Natural Resources Management Permit (NRMP) application. Ayes - 5 - Nays — O. B. Kwik Trip Store Reconstruction — Consideration of a proposed replat, amendments to conditional use permits, variance, and site plan/building permit authorization to allow for the reconstruction of an existing gas/convenience store and car wash operation. (PC12-30-SCB) LOCATION: 7510 — 145th Street West PETITIONER: Kwik Trip, Inc. and Convenience Store Investments. City Planner Tom Lovelace stated the applicant requested approval of a replat of two existing lots into one (1) lot, amendments to existing motor fuel sales, car wash operations and outdoor display conditional use permits; and site plan/building permit authorization to allow for construction of a 5,764 sq. ft. convenience store, 1,879 car wash bay, 4,800 sq. ft. fuel canopy, and 23 surface parking spaces. The site is located at the northwest corner of 145th Street West and Cedar Avenue. CITY OF APPLE VALLEY Dakota County, Minnesota Planning Commission Minutes October 17, 2012 Page 6 of 11 The site includes the current multi-tenant retail building of the existing Kwik Trip convenience store and Big Apple Bagel restaurant, a 970 sq. ft. car wash bay, a 3,700 sq. ft. fuel canopy, and 61 surface parking spaces. The proposed plat identifies all the required perimeter drainage and utility easements as well restricted access easement along Cedar Avenue. No outstanding issues have been identified. The existing motor fuel sales, car wash, and outdoor display sales conditional use permits would need to be amended that would address their proposed operations. Building signage had been identified on the elevations but no formal sign application had been submitted. All building signage would need to be in conformance with the City's sign regulations. A sidewalk would be installed along the north side of 145th Street West. He stated the applicant is requesting a variance for two 35-foot wide driveways off of 145th Street West to access the site. Maximum driveway width allowed by City code is 30 feet. An existing driveway off of Glenda Drive would be removed with the new construction, and no access would be allowed from Cedar Avenue. He identified the outdoor display locations and reviewed building and fuel canopy elevation plans. He said revisions would need to be made to the grading, utility, and landscape plans per staff comments as outlined in the report. Commissioner Diekmann asked for clarification in the report as to the infiltration basins versus the filtration basins. Mr. Lovelace stated the report currently reflects infiltration basins and modification to the plans had not been made yet to show the filtration basins but would be submitted with the building permit. Commissioner Scanlan commented on the LED lighting and thought the brightness of the lighting could be controlled since the new store would be so close to the residential area and possibly a 24- hour operation. He asked if this had been discussed with the developer. Mr. Lovelace answered that lighting had not been discussed yet but that it would be open ended and if the City receives complaints. The City would have the ability to contact the store and request for them to racket the lighting down a little. In the past the City has developed good relationships with the property owners in the business district and has worked with them to tone down the lighting if needed. Commissioner Scanlan asked if there was a reason the LP would be in the front of the store versus the side where the ice chest storage would be. He expressed the concern for the outside appearance of the LP tanks and how they start to look after a period of time. Wade Dumont, Kwik Trip Inc., LaCrosse, Wisconsin, stated the ice chest would be for staff availability. He commented that they use non-corrosive propane tanks with a stainless steel type of finish which do not rust. Regarding the LED lighting, he stated they have not had complaints at their other stores and they would work with City staff if it becomes an issue. He addressed the CITY OF APPLE VALLEY Dakota County, Minnesota Planning Commission Minutes October 17, 2012 Page 7 of 11 outdoor display of merchandise at the fuel station end caps and stated they prefer to keep their stores as similar as possible so their customers would be more familiar with their product. Commissioner Alwin was in support of the wider driveways for the trucks to enter and exit but not in favor of products to be stored on the end caps of the pump displays. Commissioner Scanlan concurred with the increase of driveway widths and also preferred not to see outdoor merchandising. Commissioner Diekmann questioned if the outdoor vending machines was something not allowed in this area alone or was it not allowed in any areas of Apple Valley. Mr. Lovelace answered it is not allowed in the retail business zoning area unless with a conditional use permit and could be allowed in a planned development but generally outdoor vending machines are not allowed. MOTION: Commissioner Alwin moved, seconded by Commissioner Diekrnann, recommending approval of the replat of Lots 1 and 2, BOR-NEL into Lot 1, Block 1, KWIK TRIP 406. Ayes - 5 - Nays - O. MOTION: Commissioner Alwin moved, seconded by Commissioner Diekmann, recommending approval of the following amendments to the approved conditional use permit for motor fuel sales, dated May 24, 1983: a. The Conditional Use Permit shall apply to property legally described as Lot 1. Block 1, KWIK TRIP 406. b. Such operations shall be in conformance with the site plan dated July 18, 2012. c. No more than thirteen (13) pump islands shall be allowed. d. Canopy lighting above the gas pumps shall be either completely recessed or provided with a lens bezel to restrict illumination to the area directly beneath the canopy. e. The red LED lighting on the face of the canopy shall be illuminated in a manner that will not have an adverse impact on neighboring properties or vehicles traveling along the roadways adjacent to the site. f. Any fuel dispensing public address system shall not be used for advertising or background music purposes. MOTION: Commissioner Alwin moved, seconded by Commissioner Diekrnann, recommending approval of the following amendments to Conditional Use Permit No. 1993-168, dated July 22, 1993 for car wash operation in conjunction with a convenience store/motor fuel operation: a. The Conditional Use Permit shall apply to property legally described as Lot 1. Block 1, KWIK TRIP 406. Ayes - 5 - Nays - 0. CITY OF APPLE VALLEY Dakota County, Minnesota Planning Commission Minutes October 17, 2012 Page 8 of 11 b. Such operations shall be in conformance with the site plan dated July 18, 2012. c. Such operations shall be in conformance with the elevation plans dated July 10, 2012. Ayes - 5 - Nays - 0. MOTION: Commissioner Alwin moved, seconded by Commissioner Diekmann, recommending approval of the following amendments to Conditional Use Permit No. 1993-238, dated October 14, 1993 for outdoor display and sales in conjunction with a convenience store/motor fuel operation: a. The Conditional Use Permit shall apply to property legally described as Lot 1. Block 1, KWIK TRIP 406. b. Such operations shall be in conformance with the site plan dated July 18, 2012. c. Display of goods at the end of the pump islands shall not be allowed. d. Outdoor display of vending machines shall not be allowed. Ayes -5 - Nays - 0. MOTION: Commissioner Alwin moved, seconded by Commissioner Diekmann, recommending approval of the site plan/building permit authorization to allow for construction of a 7,643commercial building that will include a 5,764 convenience store and 1,879 sq. ft. attached single stall car wash facility and 4,800 sq. ft. fuel canopy on Lot 1, Block 1, KWIK TRIP 406, subject to the following conditions: a. A variance shall be granted to allow for a 5-foot increase in the width of the driveways along 145th Street West from the maximum 30 feet allowed by City Code. b. Issuance of a building permit shall be contingent upon the approval and recording of the KWIK TRIP 406 final plat. c. Construction shall occur in conformance with the site plan dated July 18, 2012. d. A sidewalk shall be constructed along the north side of 145 Street West, from Cedar Avenue to Glenda Drive. e. Construction shall occur in conformance with the elevation plan dated July 10, 2012. f. Construction shall occur in conformance with the landscape plan dated July 18, 2012, subject to the replacement of the Colorado blue spruce trees with Black Hills spruce. g. The site grades shall meet a minimum elevation of 957 feet and the building elevation shall have a minimum elevation of 957.5 feet. h. Overland flow from the east side of the building shall be directed to Filtration Basin #1. 1. Catch Basin #3 should be converted to a manhole. CITY OF APPLE VALLEY Dakota County, Minnesota Planning Commission Minutes October 17, 2012 Page 9 of 1 - 1 7. OTHER BUSINESS j. Site grading shall ensure flow from the east side of the building to Filtration Basin #1 is maximized. k. The filtration basins shall be designed and constructed in accordance with City standards and shall have sufficient capacity for 0.5" of volume over the entire site in a 48 hour period. 1. Any work within the public right-of-way shall require a right-of-way permit and shall be coordinated with engineering staff. m. Construction shall occur in conformance with the utility plan dated July 18, 2012; subject to necessary revisions as identified by the City Engineer in his memo dated September 24, 2012. n. All applicable City ordinances shall be adhered to. Ayes - 5 Nays — 0. A. Chick-fil-A Restaurant Sketch Plan - Review of a proposed 4,585 sq. ft. Class II restaurant with a drive-thru. LOCATION: Southeast corner of 153rd Street West and Cedar Avenue PETITIONER: Chick-fil-A, Inc. and H.R. Green City Planner Tom Lovelace stated the proposed site is part of the replat of the existing Cub Foods property that consists of the replatting of the 11.63-acre lot into a one 9.63-acre lot and two one-acre lots. The proposed restaurant would be located on the one-acre lot located in the northwest corner of the plat. Construction of the proposed restaurant would be contingent on the approval of CUB FOODS ADDITION final plat. Review of a concept plan for a proposed development project would consist of the construction of a 4,585 sq. ft. Chick-fil-A restaurant, 38-space parking lot, and drive-thru lane on .988 acres. The site is located in the southeast corner of 153rd Street West and Cedar Avenue. A Class II restaurant is a conditional use within the "RB" (Retail Business) zoning district and cannot be located any closer than 1,000 feet from a residential or institutional use. A variance would need to be approved along with a conditional use permit for this restaurant to move forward. Jason Hill, Chick-fil-A, provided background information of their company and design and said they would be looking at a 2013 spring construction. He stated they typically use two menu boards but they are of a smaller design. Discussion followed regarding the dual drive-up lanes and double menu board and what was allowed in other locations in the City. CITY OF APPLE VALLEY Dakota County, Minnesota Planning Commission Minutes October 17, 2012 Page 10 of 11 Commissioner Diekmann said he had no problem with the dual boards and stated it should be revisited again for further discussion. He would like to see the canopy wrap around the building more so it does not look so front-sided and back-sided. Commissioner Scanlan stated he would be open for discussion on the dual menu boards as well. He said he preferred to not see a variance needed for setback and questioned where deliveries to the site would be made and if the trucks would block the aisle for the drive-up. Mr. Hill answered they take delivery of their products at off peak hours. Commissioner Wasserman inquired if there was a landscape plan yet and if it was the responsibility of the City with Cedar Avenue or is it part of the restaurant responsibility. Mr. Lovelace stated it would be part of the restaurant responsibility. Vice-Chair Burke commented that he would like to see the building line up with the Walgreens along the corridor and not see one building far back from the street and felt that the sound barrier wall across Cedar would make it so the applicant could get by without the 1000 foot requirement. He stated he was in favor of the project. Commissioner Wasserman inquired if there would be a public hearing associated with the project. Mr. Lovelace answered that there would be a public hearing for a Class II restaurant. Commissioner Scanlan commented he would be agreeable to looking at the variance design based on the clarification Mr. Lovelace provided. He inquired if there was any other design consideration to move the restaurant further into the parking lot to bring the trash container closer to the store so the employees would not be walking across the lane of traffic from the drive-thru. Mr. Hill stated they have changed the design footprint in the past where they had extended the trash enclosure to the back of the store which extended the length of the building. They do not have that option with this site due to the location of the property line. B. Review of upcoming schedule and other updates. Community Development Director Bruce Nordquist stated that October was "Community Planning Month" and he provided a proclamation from Governor Mark Dayton. He informed the Commission that on October 23, 2012, from 5:30 to 7:30 p.m. there would be a Bus Rapid Transit Oriented Development Open House to be held at the Apple Valley Municipal Center in the Council Chambers. He also informed the Commission that the event previously planned for October 23, 2012, at 3:00 p.m., a Kick-Off event of the Apple Valley Business Campus, has been postponed to a later date and staff would notify the Commission when it is rescheduled. CITY OF APPLE VALLEY Dakota County, Minnesota Planning Commission Minutes October 17, 2012 Page 11 of 11 He stated that the next Planning Commission meeting would take place Wednesday, November 7, 2012, at 7:00 p.m. 8. ADJOURNMENT Hearing no further comments from the Planning Staff or Planning Commission, Vice-Chair Burke asked for a motion to adjourn. MOTION: Commissioner Diekmann moved, seconded by Commissioner Alwin to adjourn the meeting at 8:49 p.m. Ayes - 5 - Nays - 0. Respec ully Submitted, Joai urphy, Planning Depa ment sistant Approved by the Apple Valley Planning Commission on Agenda Item: Number: PC12-39-I Staif Reviewer: Thomas Lovelace : ITY OF APPLE VALLEY PROJECT SUIVIMAR MENARDS - HANSON PROPERTY INTERIM USE PERMIT Case Menard's Inc. Applicant: Application Date: October 8, 2012 Meeting Date: November 7, 2012 Petition for: Interim Use Permit to allow for the crushing and temporary stockpiling of concrete resulting from the demolition of three buildings located at 6055 150th Street West. The applicant is requesting approval to crush the concrete from the Hanson Pipe and Products manufacturing plant, office, and shop buildings and store the crushed concrete onsite for the purpose of using the material as fill and base for a proposed new store construction project located at the southeast corner of Flagstaff Avenue and 150 Street West. Summary of Issues: Approximately 25,000 tons of concrete from the demolished buildings will be crushed on the site and they expect to crush about 2,000 tons per day. The applicant should provide a crushing timeline. Also, any import of material for crushing or stockpiling should be strictly prohibited. Other debris piles from the building demolition are currently on the site, which should be removed as quickly as possible and the office basement should be filled in. The applicant is requesting that the stockpile be allowed to have a maximum height of 25 feet. Staff would like the applicant to consider lowering the stockpile to a height that would soften the visual impact from adjacent properties and roadways. This would likely require a larger stockpile area. Staff is recommending that any truck hauling in and out of the site be limited to the Johnny Cake Ridge Road driveway. Several storm water drains are located in close proximity to the stockpile area including two that will be located directly under it. Some of these drains are connected to a 42-inch storm line that receives storm water runoff from Johnny Cake Ridge Road and transports it to the ponding area located in the northwest corner of the project site. To ensure that the drains do not plug up from crushed material or other debris, inlet protection devices should be installed in all drains within a minimum of 100 feet of the stockpile. Staff is recommending that they be allowed to operate for one year and shall be limited to the hours of 8:00 a.m. to 4:00 p.m., Monday through Friday only. No weekend work should be allowed. The permitted hours and days of operation should be applicable to all activities related to the crushing and stockpiling operations including but not limited truck hauling to and from the site. In order to control dust generated by the proposed operation, staff is recommending that crushing and hauling should not occur when wind velocity exceeds thirty (30) miles per hour and watering to control dust onsite shall occur as needed and whenever directed by the Apple Valley Building Official or Zoning Administrator. Noise created by the machinery used to crush the concrete shall be operated in conformance with the minimum standards as adopted and enforced by the Minnesota Pollution Control Agency. Issuance of interim use permit by the City shall be contingent upon the applicant providing verification from any and all applicable agencies as to whether additional approval or permitting of this interim use is necessary. And if any additional approvals or permits are required, they shall be obtained prior to commencement of any crushing activity at the site. Recommended Action: Open the public hearing, receive comments and close the public hearing. It is the policy of the Planning Commission not to act on a public hearing item the night of the public hearing. Property Location: Legal Description: Comprehensive Plan Designation Zoning Classification Existing Platting Current Land Use Size: Topography: Existing Vegetation Other Significant Natural Features Adjacent Properties/Land Uses MENARDS - HANSON PROPERTY INTERIM USE PERMIT PROJECT REVIEW 6055 150 Street West The South 50.68 acres of the East IA of the Southwest '4 of Section 26 "IND" (Industrial) "I-2" (General Industrial) Unplatted Vacant concrete pipe manufacturing facility and storage yard 50.68 acres Flat East lot line has a berm topped with coniferous trees Pond located in the northwest corner of the site NORTH SOUTH EAST WEST Vacant Existing Conditions Comprehensive Plan "IND" (Industrial) Zoning/Land Use Fischer Sand and Aggregate Mining Operation Comprehensive Plan Zoning/Land Use Venstar Industrial Park and Uponor, Inc. Comprehensive Plan Zoning/Land Use Magellan Petroleum Tank Farm Comprehensive Plan Zoning/Land Use "IND" (Industrial) Development Project Review "I-2" (General Industrial) "MBC" (Mixed Business Campus R-1 Single Family 40,000 "I-1" (Limited Industrial) "IND" (Industrial) "I-2" (General Industrial) Comprehensive Plan: The project site is guided "IND" (Industrial), which is a designation that allows offices, assembly, warehouse, manufacturing and other similar activities within an enclosed building to limit the amount of dust, noise, odor, and other adverse impacts. This proposed use will be done outside and will likely generate some noise and dust. Zoning: The site is zoned "I-2" (General Industrial), which is designed to serve smaller "quasi-industrial" uses, such as machine shops, mill working establishments, and the like. Permitted uses within this district include the manufacturing, compounding, assembly, packaging, treatment, or storage of products and materials that include cement, concrete, stonecutting, and brick. Conditional uses include open storage of materials and goods, concrete ready mix plants and asphalt plants. The proposed crushing and stockpiling of demolition concrete has some similar characteristics to some of the permitted and conditional uses within the "I-2" zoning district, there are enough operational issues that would make undesirable long term. The applicant is therefore, requesting an interim use permit to allow for the onsite recycling of the demolition material that will be hauled off the site and used for base and fill material for their proposed home improvement store located at the southeast corner of 150 Street West and Flagstaff Avenue. An interim use is defined as a temporary use of the property until a particular date, until the occurrence of a particular event or until zoning regulations no longer permit it. By using this process the City will have the ability to put conditions on the proposed project that will include a time certain for the cessation of operations. Interim Use Permit Request: The applicant is requesting approval of an interim use permit to allow for the crushing and open storage of concrete from three demolished buildings that will be recycled and used as base and ill material for a Menard's store. The operation is proposed to occur on a portion of a 50.68-acre site located in the northwest corner of CSAH 42 and Johnny Cake Ridge Road. The site is part of a former 80-acre concrete pipe manufacturing plant and pipe storage yard, which has ceased operations. The applicant has indicated that there will be approximately 25,000 tons of concrete from the demolished buildings that will be crushed on the site and they will be able to crush about 2,000 tons per day. The applicant has not indicated how long it will take to complete the crushing of the material. Also, any import of material for crushing or stockpiling should be strictly prohibited. Other debris piles from the building demolition are currently on the site. They include among other things structural steel and metal window and door frames. Those piles should be removed as quickly as possible. The office had a basement, which should be filled in. They will stockpile the crushed material in a 200 ft. x 400 ft. area that will be located approximately 365 feet from the east property line, 100-114 feet from the north property line, 540 feet from the west property line and 1,190 feet from the south property line. The stockpile area will also be located approximately 1,500 feet from the nearest residential property, 450 feet from the closet commercial/industrial property, and 440-450 feet from 147 Street West, which is expected to open to traffic sometime this November. The size of the stockpile area is not consistent with the area called out in the applicant's submittal letter, which indicates a 300 ft. x 400 ft. area. The applicant should delineate the correct size of the stockpile area on the site plan. The applicant is requesting that the stockpile be allowed to have a maximum height of 25 feet. There is currently an 8- 10-foot high berm with a row of conifers that nearly runs the length of the east property line, which could provide some screening of the operation from vehicles and businesses along Johnny Cake Ridge Road. No screening is proposed along the north, south, or east sides of the property. Staff would like the applicant to consider lowering the stockpile to a height that would soften the visual impact from adjacent properties and roadways. This would likely require a larger stockpile area. Several storm water drains are located in close proximity to the stockpile area including two that will be located directly under it. Some of these drains are connected to a 42-inch storm line that receives storm water runoff from Johnny Cake Ridge Road and transports it to the ponding area located in the northwest comer of the project site. To ensure that the drains do not plug up from crushed material or other debris, inlet protection devices should be installed in all drains within a minimum of 100 feet of the stockpile. Two driveway accesses exist from CSAH 42 and one from Johnny Cake Ridge Road. CSAH 42 is a principal arterial road that has a traffic volume of 27,500 vehicle trips per day on the section of this roadway between Galaxie Avenue and Pilot Knob Road. Johnny Cake Ridge Road is classified as a major collector and has a volume of 7,900 trips per day on the section between 140 Street West and CSAH 42. The Johnny Cake Ride Road driveway also aligns itself with a driveway on the east side of the street that provides access to the Holiday convenience store. Because of the lower volume and driveway alignment, staff is recommending that any truck hauling in and out of the site be limited to the Johnny Cake Ridge Road driveway. The applicant is requesting they be allowed to run their crushing operation from 8:00 a.m. to 4:00 p.m. Staff has no issue with the hours of operations, but would recommend that they be allowed to operate Monday through Friday only. No weekend work should be allowed. The permitted hours and days of operation should be applicable to all activities related to the crushing and stockpiling operations including but not limited truck hauling to and from the site. Finally, staff would propose that this interim use permit be valid for one year. 2 This proposed operation will likely generate dust, which was the case will the building demolition that occurred over the past several weeks. Therefore, crushing and hauling should not occur when wind velocity exceeds thirty (30) miles per hour and watering to control dust onsite shall occur as needed and whenever directed by the Apple Valley Building Official or Zoning Administrator. The machinery used to crush the concrete will likely create noise. Any noise shall be in compliance with the City' s zoning code, which states "That any use producing noise shall be in conformance with the minimum standards as adopted and enforced by the Minnesota Pollution Control Agency". This operation may require additional approvals/permits from other governmental agencies such as Dakota County or the Minnesota Pollution Control Agency. Therefore, issuance of interim use permit by the City shall be contingent upon the applicant providing documentation from any and all applicable agencies verifying if additional approval or permitting of this interim use is necessary. And if any additional permits are required, they shall be obtained prior to commencement of any crushing activity at the site. Public Hearing Comments: Open the public hearing, receive comments and close the public hearing. It is the policy of the Planning Commission not to act on a public hearing item the night of the public hearing. Staff has received one e-mail comment from an adjacent property owner that has been included with this report. Attachments: Letter from Applicant Public Hearing Response E-mail Aerial Map 3 Location Map Comprehensive Plan Zoning Map Site Plan October 8, 2012 Tom Lovelace City Planner City of Apple Valley, MN 7100 W. 147th Street Apple Valley, MN 55124 Dear Tom, Menard, Inc. is working through the process of replacing the existing Apple Valley Menards store on the corner of Florence Trail and Flagstaff Ave with a new prototypical store. The new store will be located southeast from the existing store on the corner of Cty. Rd. 42 and Flagstaff Ave. Menard, Inc. also purchased the Hanson concrete plant on the north side of Cty. Rd. 42 as part of the store redevelopment project. The concrete plant currently has three vacant block buildings on the property. These buildings are of no value to Menards and are being demolished as part of the redevelopment. Through a Interim Use Pe it Menard, Inc. would like to request the right to demolish these three buildings and crush the concrete onsite. The crushed material will be used as fill and base for the new store construction project. The attached exhibit depicts the stockpile location on the northern portion of the property 365 feet from the Jonny Cake Road Right-of-Way. This stockpile will be limited to the 300x400 foot area and no more than 25' high. Crushing onsite will allow Menards to recycle material that would otherwise need to be hauled offsite, dumped and stored for unknown amounts of time at an aggregate waste pit. Menards has crushed buildings onsite through this exact process on other development sites and fbund that it works very well in recycling existing materials and keeping construction costs lower. Please review the attached materials and do not hesitate to contact me if there are any questions. The Application Fee and Escrow will be fo arded on Friday, October 12 2012. RE: Menards Interim Use Pe it Application Apple Valley, Minnesota Sincerely, Menard, Inc. Tom O'Neil Real Estate Acquisitions Menard, Inc 5101 Menard Dr. Eau Claire, WI 54703 715-876-2810 5101 MENARD DRIVE tone EAU CLAIRE, 54703-9625 Via Overnight Mail PHONE (715) 876-5911 FAX (715) 87 868 Lovelace, Tom From: Sent: To: Subject: From: Hughes, Dan [mailto:Dan.Hu hes u•onor.com] Sent: Friday, October 26, 2012 3:02 PM To: Murphy, Joan Subject: Public hearing regarding 6055 150th Street West Murphy, Joan Friday, October 26, 2012 3:48 PM Lovelace, Tom FW: Public hearing regarding 6055 150th Street West 0 I am submitting the following comments for consideration at the upcoming Planning Commission meeting regarding the subject property: While the demolition of the former Hanson facility is a necessary element of redeveloping that property, I do want to comment on the need to improve the monitoring and control of dust from the concrete disposal process. For the last several months of the project there has been an unacceptable amount of airborne concrete and soil materials that have impacted the neighboring properties. Only after placing a call to the ordinance enforcement authorities were any steps taken by the demolition contractor to water down the debris to control dust. On several extremely windy days the amount of dust in the air was quite shocking and a source of many complaints from our employees. Those complaints addressed both air quality and the deposits on their vehicles. In addition, our maintenance personnel have seen a big impact to our HVAC intake filters and the front windows and facade of our building are now extremely dirty. Although our windows are routinely cleaned twice per year we are currently engaging a contractor at a cost in excess of $5,000 to completely wash the face of the building and clean the windows and window sills, which all have an excessive accumulation of dirt. For these reasons I would like to suggest the following: 1. The City of Apple Valley should closely monitor any ongoing crushing and stockpiling of concrete materials, imposing requirements on the contractor/owner as appropriate to control dust from the handling and crushing processes, particularly during dry and windy conditions. 2. Prohibit the contractor/owner from bringing any new materials on the site to be crushed or otherwise processed. The temporary work should be limited to completing the clean-up of materials now on site. I have talked with another neighboring property owner who experienced the same problems with the demolition activity to date and hope that my recommendations can be considered to the benefit of Uponor, its employees and other neighboring properties. Thank you for your consideration of this input. Dan Hughes, LEED GA Real Estate and Development Manager Uponor 5925 148th Street West, Apple Valley, MN 55124 Tel: 952-997-5344 Mobile: 612-306-5377 Fax: 952-891-2008 email: dan.hughes@uponor.com Web: www.uponor-usa.com 1 � \���� =��� \ A� FM J I "It# am * pik e t-lasordrig 4 IJ' k II vsvossmaist plir► litit VMS mesi ....—.2,z, n 1 x.111, � 1 1 dror.......■ ;. ay 5411111ategil ;W ► 1 1st rr i 5 r /�r dm *TrifFritaire406 Pwor 4 A i . laitamM , mt" Adv. map MI MEI win! lth ST W .1m �• Trarrirmr*Alaanad61.0 ma 1.51iikti ir*"*7im lafillia,Midiri "OP!.la rii3O4 —... mill el g q kla,&.11) targikAVIIIIIITIE 1 III str, IP 4... 4 ...,. Egiiiimuri ..... rif Frio a i we-C*4ft mords„4; lit. alai; m to.„; ALTA/ACSM LAND TITLE SURVEY PROPERTY ADDRESS: #6055 - 150TH ST. WEST, APPLE VALLEY, MN SCHEDULE B-2 ITEMS: -for- "Menard, Inc" & "CHICAGO TITLE INSURANCE COMPANY", riRs,Vi'l,TcVGET,','DLPI5535 BENCHMARK: MNDOT STATION 'DAKOTA', GSID STATION #50804. ELEV. = 952.305 (NAVD 1988 DATUM). 1 S 8 F10 3 V,Z=J V R A VW. EW A L.K, TRAIL, DRAINAGE AND UTILITY AND TEMPORARY CONSTRUCTION EASEMENT AS PER DOC. NO. 2820794 15077 T. W. LEG, DESCRIPTION: ADVANCED ENGINEERING CONCEPTS Eric R. Vickaryous, P.L.S.#44125 635 FAIRFAX STREET ALTOONA, WI 54720 (715) 514-4116 www.rls-aec.com S73 DEGREES 30 MINUTES 00 SECONDS WEST A DISTAN I hereby certify to Menard, Inc., a Wisconsin corporation, and Chicago Title Insurance Company, to their heirs, successors and assigns, that I have anrveyed the property legally described hereon; that this survey is a true, correct and accurate drawing and representation of said property and the boundaries thereof; that this map or plat and the surv, on which it is based were made in accordance with "Minimum Standard Detail Requirements ALTA/ACSM Land Title Surveys," as jointly established and adopted by ALTA and ACSM in 2005, and includes Items 1, 2, 3 (Se,e #6 under general notes), 4, 5, 8„10 and 11(a) of Table A thereof, and meets the Accurany Standards (as adopted by ALTA and ACSM and in effect on the date of this certification), and that in locating or identifying recorded easements or other recorded documents I have relied upon the Commitmant for Title Insurance issued by Chicago Title Msurance Company, dated of June 19, 2012 and bearing file number 230772. LEGEND - AREA DRAIN - STORMSEWER MANHOLE , SANITARY SEWER MANHOLE - CATCHBASIN - CABLE PEDESTAL - TELEPHONE PEDESTAL - GAS METER - ELECTRICAL MANHOLE - L T I C ° IR E A N S F 0 R M E y - VENT PIPE - WATER GATEVALVE 1:1- HYDRANT - MONITORING WELL C.A, STORM/SANITARY STRUCTURE NUMBER it- CONIFEROUS TREE It - DECIDUOUS TREE - CONCRETE AREA - LIGHT POLE - GAS .LVE - FOUND 1 3/4 0.D. IRON PIPE • FOUND IRON PIPE WITH CAP (LS44125) 0 - SET IRON PIPE WTH CAP (LS44125) City of Apple I Valley Chair and Planning Commission Members TO: FROM: Kathy Bodmer, Associate City Planner MEETING DATE: November 8, 2012 EMO Community Development SUBJECT: Resolution Finding that the Amendment to the "Master Development District" and "Master Development Program" for the Parkside Village Project "TIF Plan" is consistent with the Apple Valley 2030 Comprehensive Plan The Parkside Village development is an approximately 8-acre area located on the northeast corner of Galaxie Avenue and 153 Street West. The Planning Commission reviewed and recommended approval of the development, which included two multiple family buildings with a total of 322 units, at its October 17, 2012, meeting. In connection with the development of the property, the property owner, IMH LLC, has requested tax increment financing (TIF) to apply toward eligible project costs. Without this assistance, the project could not proceed. The Planning Commission is asked to review the attached resolution finding that the Amendment to the "Master Development District" and "Master Development Program" for the Parkside Village Project "TIF Plan" is consistent with the Apple Valley 2030 Comprehensive Plan. One of the requirements for the use of TIF assistance is that a specific "TIF Plan" must be prepared which outlines the eligible site development/redevelopment costs which will be paid for with the pooled TIF funds. State statute requires that the activities for which TIF is used be consistent with a City's Comprehensive Plan and that the local Planning Commission must make such an administrative finding of consistency. In this case, implementation of the project will provide for development within the Central Village new housing choices and including affordable housing. Within Chapter 4 of the 2030 Comprehensive Plan, the land use chapter, downtown development of this type is supported. Further, the City's Comprehensive Plan has goals of providing a variety of housing styles in a range of price points to provide "life-cycle" housing opportunities within the community. Eligible TIF activities that can be funded include the following: (a) Acquisition of land; (b) Site improvements or preparation costs; (c) Installation of public utilities, parking facilities, streets, roads, sidewalks, or other similar public improvements; (d) Administrative costs, including the allocated cost of the City; and (e) For housing districts, construction of affordable housing. Attached is a copy of the proposed amendment to the Master Development Program and District which includes establishing housing TIF District 15 along with its Tax Increment Financing Plan. Recommended Actions: Staff is recommending that the Planning Commission adopt the attached resolution finding that the amendment to the "Master Development District" and "Master Development Program" for the Parkside Village Project "TIF Plan" is consistent with the Apple Valley Comprehensive Plan. WHEREAS, the City of Apple Valley, Minnesota. (the "City"), has prepared an amendment to the Master Development Program for the Apple Valley Master Development District, for the establishment of Tax Increment Financing District No. 15 (the "Program Amendment") and a Tax Increment Financing Plan (the "TIF Plan ") for Tax Increment Financing District No. 15 therein and has submitted the Program Amendment and the TIF Plan to the City Planning Commission pursuant to Minnesota Statutes, Section 469.126 and Section 469.175, Subdivision j, and ATTEST: CITY OF APPLE VALLEY PLANNING COMMISSION RESOLUTION NO. 2012 - RESOLUTION CONCERNING AMENDMENT TO THE MASTER DEVELOPMENT PROGRAM FOR APPLE VALLEY'S MASTER DEVELOPMENT DISTRICT AND TIF PLAN'S CONFORMANCE WITH THE APPLE VALLEY COMPREHENSIVE PLAN Pamela J. Gackstetter, City Clerk WHEREAS, the Planning Commission has reviewed said Program Amendment and TIF Plan to determine their conformity to the City's Comprehensive Plan for the development or redevelopment of the City as a whole; and WHEREAS, the Planning Commission is in agreement with the Program Amendment and TIF Plan. ADOPTED this 7th day of November, 2012. NOW, THEREFORE, BE IT RESOLVED by the Planning Commission that the proposed Program Amendment and TIF Plan conform to the City's Comprehensive Plan for the development or redevelopment of the City as a whole and the Planning Commission recommends the Program Amendment and TIF Plan to the City Council of the City of Apple Valley for its approval. Thomas Melander, Chair * 1 i ,.. „ 0 ro 3......."--- '.0 •., 0 0.,„ is \ ,..' i , , - # 3: , „ , 3 - „.„ ' •••- ! I 8 I I ill si 1 v t i III I 11114111 I II 0 14 I 1 111114-4101T1IIIIII I ma Mil 1 i g ii g 1 1,11 1 * ,,' ------ --- ' ', i i" '••3 - 3 ; . ...„, • ------- ----- . ' .-'. , • " : -----4---------------- ' ------------,< '',. ,... . •..-. ..11 „.........„.... 11 )1 i ii 1 L' I I fill'IL ..' ■ -f---• , \------- .0 F.....................1 10'. ,,,:, , ,:. 1 .9. i I.* ..... ; U) 0 Cl) DAV ddVISOVld z This document was drafted by: 4996914v2 Amendments Relating to the Apple Valley Master Master Development District of the Apple Valley Economic Development Authority, Minnesota Including Amendment of its Master Development Program and Establishment of Tax Increment Financing District No. 15 and Approval of its Tax Increment Financing Plan With Financial Information provided by: November 20, 2012 Briggs and Morgan (MLI) 2200 First National Bank Building 332 Minnesota Street Saint Paul, Minnesota 55101 Tel: (651) 808-6600 Fax: (651) 808-6450 Northland Securities, Inc. 45 South 7 Street Suite 2000 Minneapolis, Minnesota 55402 SECTION I AMENDMENT OF MASTER DEVELOPMENT PROGRAM FOR APPLE VALLEY MASTER DEVELOPMENT DISTRICT Section 1.01 Definitions. The terms defined below, for purposes hereof, shall have the following respective meanings, unless the context specifically requires otherwise. As used herein, the term "development" includes redevelopment, and the term "developing" includes redeveloping. "City" means the City of Apple Valley, Minnesota. "Council" means the City Council of the City, its governing body. "County" means Dakota County, Minnesota. "EDA" means the Apple Valley Economic Development Authority. "Enabling Act" means Minnesota Statutes, Sections 469.090 to 469.1082, and all powers and statutes referenced therein, including Minnesota Statutes, Sections 469.001 through 469.047, and 469.124 through 469.133, as amended. "Master Development District" means the Apple Valley Master Development District, as established on May 18, 1990, including without limitation the areas of the City encompassed therein, and constituting initially a consolidation of Master Development District Nos. 1 and 2, as said Master Development District has been or may be amended; as shown on Exhibit A attached hereto. "Master Development District No. 1 means that certain Master Development District of the City established on October 14, 1982, pursuant to Council Resolution No. 1982-133, as amended. "Master Development District No. 2" means that certain Master Development District of the City originally established as Master Development District No. 1 on July 14, 1983, pursuant to Council Resolution No. 1983-99 (which Master Development District was redesignated from "No. 1" to "No. 2" on September 13, 1984), as amended. "Master Development Program" means the Master Development Program adopted on May 18, 1990, for the development of the Master Development District, constituting initially an integration of Master Development Program Nos. 1 and 2, as said Master Development Program has been, is hereby or may be amended. "Master Development Program No. 1 means the Master Development Program for Master Development District No. 1, as originally adopted on October 14, 1982, pursuant to Council Resolution No. 1982-133, as amended. 4996914v2 1 "Master Development Program No. 2" means the Master Development Program for Master Development District No. 2, as originally adopted on July 14, 1983, pursuant to Council Resolution No. 1983-99, as amended. "Project Area" means the real property within the City constituting the Master Development District, which includes all areas within the corporate limits of the City. "Public Costs" means the repayment of debt service on any Tax Increment Bonds, the costs set forth in Sections 1.03, 2.05, 2.06 and 2.14 of the Tax Increment Financing Plan for Tax Increment Financing District No. 15, and any other costs eligible to be financed by Tax Increments under Minnesota Statutes, Section 469.176, Subdivision 4. "State" means the State of Minnesota. "Tax Increment District" means any tax increment financing district established pursuant to the Tax Increment Act within the Master Development District, as amended. "Tax Increment Act" means Minnesota Statutes, Sections 469.174 through 469.1794, as amended. "Tax Increment Bonds" means any tax increment bonds issued by the City to finance the Public Costs of the Master Development District as stated in the Master Development Program and in the Tax Increment Financing Plan for Tax Increment Financing District No. 15, and any obligations issued to refund such bonds. "Tax Increment Plans" means the respective tax increment financing plans adopted pursuant to the Tax Increment Act for the Tax Increment Districts, respectively, as amended. Section 1.02 Background and Purposes. The City established Master Development District Nos. 1 and 2 and adopted their respective Master Development Program Nos. 1 and 2 pursuant to the Minnesota Municipal Master Development District Act, formerly codified as Minnesota Statutes, Chapter 472A, and now codified in Minnesota Statutes, Sections 469.124 through 469.133, as amended, and the City established a certain Tax Increment District within Master Development District No. 1 and adopted its Tax Increment Plan pursuant to the Tax Increment Act. The City has also established Tax Increment Financing District Nos. 1 through 14 within Master Development District No. 2 and adopted their respective Tax Increment Plans pursuant to the Tax Increment Act. Additional Tax Increment Districts have been established within the Master Development District. 49969 14v2 On May 18, 1990, the following actions were taken by the City: ( The Master Development District was established as initially the consolidation of Master Development District Nos. 1 and 2, each project area being expanded to become coterminous with the other. (2) The Master Development Program was adopted, constituting initially the integration of Master Development Program Nos. 1 and 2. 2 ( The Master Development District was enlarged and it was further provided that such enlargement, together with every future enlargement thereof, would constitute and be deemed to be an enlargement of both Master Development District Nos. 1 and 2. (4) The Master Development Program was amended to include additional public development goals, activities, and costs and it was further provided that said amendment, together with every future amendment thereof, would constitute and be deemed to be an amendment of both Master Development Program Nos. 1 and 2. Pursuant to the Enabling Act, and pursuant to the Council's Resolution No. 1990-15, adopted on January 11, 1990, the City established the EDA and, pursuant to the Council's Resolution No. 1990-40, adopted on February 8, 1990, the City authorized the EDA to assume the management, operation, control, and authority of the City's Master Development District (including all Tax Increment Districts therein and their related Tax Increment Plans), as such transfer and assumption are allowed and permitted pursuant to Minnesota Statutes, Section 469.094. On February 8, 1990, the EDA adopted its Resolution No. EDA-90-4, which accepted such responsibility and control of the Master Development District, the Master Development Program, and the Tax Increment Districts and Plans. Subsequent to the establishment of the Master Development District and the adoption of its Master Development Program, the EDA and the Council have approved a number of amendments and supplements to the Master Development District, the Master Development Program, and the Tax Increment Districts and Plans, respectively, including without limitation certain amendments approved on December 10, 1992, pursuant to which the Master Development Program was designated as and found to constitute a "redevelopment plan" within the meaning of Minnesota Statutes, Section 469.002, Subdivision 16, and the Master Development District was designated as and found to constitute a "redevelopment project" within the meaning of Minnesota Statutes, Section 469.002, Subdivision 14. On March 11, 2010 the Master Development District was enlarged and the Master Development Program was amended to reflect additional goals, objectives and activities. Section 1.03 Amendment of Master Development Program. The Master Development Program is hereby amended to include the estimated and additional public improvement and development goals, activities and costs described in Section II. These costs are anticipated to be made or incurred within the Project Area and financed in whole or in part by tax increment or other revenues available to the EDA and/or the City. In addition, the EDA intends to pay from available tax increment such qualifying administrative costs as may be permitted by but subject to the applicable limitations provided in the Tax Increment Act. 4996914v2 SECTION II THE TAX INCREMENT FINANCING PLAN FOR TAX INCREMENT FINANCING DISTRICT NO. 15 Section 2.01 Parcel(s) to be Included in Tax Increment Financing District No. 15. Tax Increment Financing District No. 15 is described on the attached Exhibit B and includes the parcel identification number(s) or legal description and adjacent rights-of-way set forth on the attached Exhibit B. Section 2.02 Property to be Acquired. The City reserves the right to acquire any property within Tax Increment Financing District No. 15. Section 2.03 Statement of Objectives; Development Activity in the Master Development District for Which Contracts Have Been Signed, Tax Increment Financing District No. 15 is being established to achieve the objectives of the Master Development Program. The City intends to enter into a development agreement with respect to the construction of a 322 unit multifamily housing facility to be developed within Tax Increment Financing District No. 15 (the "Project") designed for persons or families of low and moderate income. No contract has been signed prior to the establishment of Tax Increment Financing District No. 15. Section 2.04 Other Specific Development Expected to Occur within the Master Development District. It is anticipated that development will occur within the Master Development District. Additional development may occur in the Master Development District in the future; however, no contracts have been entered into at this time with respect to such development. The nature and timing of further development cannot accurately be predicted at this time. Section 2.05 Estimated Public Costs. The estimated total Public Costs to be paid from Tax Increments is described in Exhibit C. Section 2.06 Estimated Amount of Bonded Indebtedness. It is anticipated that Tax Increment Bonds will not be issued to finance the estimated Public Costs of the Master Development Program. The City intends to use tax increment financing to reimburse the developer for a portion of the cost of the development property to be acquired for the Project and on a pay-as-you-go basis to reimburse the developer for costs of site improvements related to the Project. The City, however, reserves the right to issue bonds estimated not to exceed $6,500,000 to finance said project costs. Section 2.07 Sources of Revenue. The revenues to pay the Public Costs of the Master Development District are the proceeds of the Tax Increments, Tax Increment Bonds and any other available sources of revenue, including interfund loans, which the City may apply to pay Public Costs, Section 2.08 Estimated Recent Net Tax Capacity. The estimated net tax capacity of all taxable property in Tax Increment Financing District No. 15 as most recently certified by the Commissioner of Revenue of the State of Minnesota, being the certification made in 2012 with 4996914v2 respect to the net tax capacity of such property as of January 2, 2011, for taxes payable in 2012 is estimated to be $25,393. Section 2.09 Estimated Captured Net Tax Capacity and Computation of Tax Increment. Each year the County Auditor will measure the amount of increase or decrease in the total net tax capacity value of Tax Increment Financing District No. 15 to calculate the Tax Increments payable to the City. In any year in which there is an increase in total net tax capacity in Tax Increment Financing District No. 15 above the original net tax capacity, Tax Increments will be payable to the City. In any year in which the total net tax capacity in Tax Increment Financing District No. 15 declines below the net tax capacity, no net tax capacity will be captured and no tax increment will be payable. The County Auditor shall certify in each year after the date the original net tax capacity was certified, the amount the net tax capacity has increased or decreased as a result of: 49969 1 4v2 ( (2) ( abatements; change in tax exempt status of property; reduction or enlargement of the geographic boundaries of the district; change due to stipulations, adjustments, negotiated or court-ordered (4) change in the use of the property and classification; ( change in state law governing class rates; and (6) change in connection with previously issued building permits. Upon completion of the development expected to occur in Tax Increment Financing District No. 15 the City estimates the net tax capacity of taxable property in Tax Increment Financing District No. 15 will be approximately $1,489,607. The captured net tax capacity upon completion of development is expected to be approximately $1,464,214. The Tax Increments may be captured for up to twenty-five (25) years from receipt of the first Tax Increments or until the Public Costs described in the Tax Increment Financing Plan have been paid. The City determines that 100% of the available increase in net tax capacity from Tax Increment Financing District No. 15 shall be used for the payment of Public Costs of the Master Development District in accordance with the Master Development Program and Tax Increment Financing Plan. Section 2.10 Type of Tax Increment Financing District. Pursuant to Section 469.174, Subdivision 11 of the Act, the City has determined that Tax Increment Financing District No. 15 qualifies as a "housing district" because: "Housing district" means a type of tax increment financing district which consists of a project, or a portion of a project, intended for occupancy, in part, by persons or families of low and moderate income, as defined in Chapter 462A, Title II of the National Housing Act of 1934, the National Housing Act of 1959, the United States Housing Act of 1937, as amended, Title V of the Housing Act of 1949, as amended, any other similar present or future federal, state, or municipal legislation, or the regulations promulgated under any of these acts. A district does not qualify as a housing district under this subdivision if more than 20 percent of the square footage of buildings that receive assistance from tax increments (including interest reduction, land transfers at less than the City's cost of acquisition, utility service or connections, roads, parking facilities, or other subsidies) consists of commercial, retail, or other nonresidential uses. Housing project means a project, or portion of a project, that meets all the qualifications of a housing district under this subdivision, whether or not actually established as a housing district. The City will cause the Developer to comply with the income restrictions pursuant to Minnesota Statutes, Section 469.1761. For residential rental property, the property must satisfy the income requirements for a qualified residential rental project as defined in section 142(d) of the Internal Revenue Code. The requirements of this subdivision apply for the duration of the tax increment financing district. Section 2.11 Duration of Tax Increment Financing District No. 15. The Act allows "housing districts" to remain in existence for a period of 25 years from the receipt of the first Tax Increments. Section 2.12 Estimated Impact of Tax Increment Financing. The estimated impact of Tax Increment Financing District No. 15 on the other taxing jurisdictions is set forth on Exhibit D. In accordance with Minnesota Statutes, Section 469A75, Subdivision 1, clause (6), alternative estimates of the impact have been made, assuming in one case that the captured net tax capacity would be available without creation of the district and in the other case that none of the captured net tax capacity would be available without creating the district. The details are set forth on Exhibit F. In accordance with Minnesota Statutes, Section 469.175, Subdivision 2, clause (b), the fiscal and economic implications of the district are set forth on Exhibit E. The district will contain approximately 322 multifamily rental housing units. The overall impact on the general finances of the City, related to the District, is expected to be minimal. It is the opinion of the City that police and fire protection services can be provided to the district with no identifiable budget impacts or the direct need for any additional capital equipment. The existing sanitary sewer and water systems of the City have adequate capacity to serve the development in the District. There is no impact on the City's ability to issue future debt or on the City's debt limit. Section 2.13 Cash Flow and Other Financial Analysis. See Exhibit G attached hereto. Section 2.14 Use of Tax Increment. The City hereby determines that it will use 100% of the captured net tax capacity of taxable property located in Tax Increment Financing District No. 15 for the following activities: 499691 4v2 (1) To pay principal and interest on the Tax Increment Bonds. (2) To pay principal and interest on any loans, advances or other payments made to the City or for the benefit of the Master Development District by the developer. 6 49969 14v2 ( To finance or otherwise pay Public Costs of the Master Development District. (4) To finance or otherwise pay premiums and other costs for insurance, credit enhancement, or other security guaranteeing the payment when due of principal and interest on the Tax Increment Bonds or bonds issued pursuant to the Tax Increment Financing Plan or pursuant to Minnesota Statutes, Chapter 462C and Minnesota Statutes, Sections 469.152 to 469.1655, as amended, or both. ( To accumulate or maintain a reserve securing the payment when due of the principal and interest on the Tax Increment Bonds or bonds issued pursuant to Minnesota Statutes, Chapter 462C and Minnesota Statutes, Sections 469.152 to 469A655, as amended, or both. (6) To pay or finance Public Costs described in the Master Development Program and Tax Increment Financing Plan. ( To finance other Public Costs as may be allowed by the Tax Increment Financing Act. These revenues shall not be used to circumvent levy limitations applicable to the City nor for other purposes prohibited by Section 469.176, Subdivision 4 of the Tax Increment Financing Act. Section 2.15 Prior Planned Improvements. The City shall, after due and diligent search, accompany its request for certification to the County Auditor with a listing of all properties within Tax Increment Financing District No. 15 for which building permits have been issued during the eighteen (18) months immediately preceding approval of the Tax Increment Financing Plan by the City. The County Auditor shall increase the original net tax capacity of Tax Increment Financing District No. 15 by the net tax capacity of the improvements for which the building permit was issued. Section 2.16 Modifications of Tax Increment Financing Districts. In accordance with Minnesota Statutes, Section 469.175, Subdivision 4, any reduction or enlargement of the geographic area of the Master Development District or Tax Increment Financing District No. 15, increase in amount of bonded indebtedness to be incurred, including a determination to increase the amount of capitalized interest on debt to be paid on the Tax Increment Bonds over the amount shown in this Tax Increment Financing Plan, or to increase or decrease the amount of interest on the debt to be capitalized, increase the portion of the captured net tax capacity to be retained by the City, increase in total estimated Public Costs or designation of additional property to be acquired by the City shall be approved upon the notice and after the discussion, public bearing and findings required for approval of the Tax Increment Financing Plan. The geographic area of a Tax Increment Financing District may be reduced, but shall not be enlarged after five years following the date of certification of the original net tax capacity by the county auditor. If a housing district is enlarged, the reasons and supporting facts for the determination that the addition to the district meets the criteria of Section 469.174, subdivision 11, must be documented. The requirements of this paragraph do not apply if (1) the only modification is 7 elimination of parcels from the project or district and (2)(A) the current tax capacity of the parcels eliminated from the district equals or exceeds the tax capacity of those parcels in the district's original tax capacity or (B) the authority agrees that, notwithstanding Section 469A77, subdivision 1, the original tax capacity will be reduced by no more than the current tax capacity of the parcels eliminated from the district. The authority must notify the county auditor of any modification that reduces or enlarges the geographic area of a district or a project area. Section 2.17 Limitation on Administrative Expenses. In accordance with Minnesota Statutes, Section 469.174, Subdivision 14 and Minnesota Statutes, Section 469.176, Subdivision 3 administrative expenses means all expenditures of an authority other than (1) amounts paid for the purchase of land; (2) amounts paid to contractors or others providing materials and services, including architectural and engineering services, directly connected with the physical development of the real property in the project; (3) relocation benefits paid to or services provided for persons residing or businesses located in the project; (4) amounts used to pay principal or interest on, fund a reserve for, or sell at a discount bonds issued pursuant to Section 469.178; or (5) amounts used to pay other financial obligations to the extent those obligations were used to finance costs described in clauses (1) to (3). For districts for which the requests for certifications were made before August 1, 1979, or after June 30, 1982, administrative expenses includes amounts paid for services provided by bond counsel, fiscal consultants, and planning or economic development consultants. No Tax Increments shall be used to pay any administrative expenses for a project which exceed ten percent of the total expenditures authorized by the Tax Increment Financing Plan or the total project costs, whichever is less. Section 2.18 Limitation on Qualification of Property in Tax Increment Financing Districts Not Subject to Improvement. Pursuant to Minnesota Statutes, Section 469.176, Subdivision 6, "if, after four years from the date of certification of the original net tax capacity of the Tax Increment Financing District pursuant to Minnesota Statutes, Section 469.177, no demolition, rehabilitation or renovation of property or other site preparation, including qualified improvement of a street adjacent to a parcel but not installation of utility service including sewer or water systems, has been commenced on a parcel located within a Tax Increment Financing District by the authority or by the owner of the parcel in accordance with the tax increment financing plan, no additional tax increment may be taken from that parcel and the original net tax capacity of that parcel shall be excluded from the original net tax capacity of the Tax Increment Financing District. If the authority or the owner of the parcel subsequently commences demolition, rehabilitation or renovation or other site preparation on that parcel including qualified improvement of a street adjacent to that parcel, in accordance with the tax increment financing plan, the authority shall certify to the county auditor that the activity has commenced, and the county auditor shall certify the net tax capacity thereof as most recently certified by the commissioner of revenue and add it to the original net tax capacity of the Tax Increment Financing District." The City must submit to the county auditor evidence that the required activity has taken place for each parcel in the Tax Increment Financing District. The evidence for a parcel must be submitted by February 1 of the fifth year following the year in which the parcel was certified as included in the district. Section 2.19 Excess Tax Increments. Pursuant to Minnesota Statutes, Section 469.176, Subdivision 2, in any year in which the Tax Increments exceed the amount necessary to pay the Public Costs authorized by the Master Development Program and Tax Increment Financing Plan, 49969 14v2 including the amount necessary to cancel any tax levy as provided in Minnesota Statutes, Section 475.61, Subdivision 3, the City shall use the excess amount to ( (2) ( Bonds; or prepay the outstanding Tax Increment Bonds; discharge the pledge of Tax Increments thereto; pay into an escrow account dedicated to the payment of the Tax Increment (4) return the excess to the County Auditor for redistribution to the respective taxing jurisdictions in proportion to their respective tax capacity rates. In addition, the City may, subject to the limitations set forth herein (in particular in Section 2.25), choose to modify the Tax Increment Financing Plan as described in Section II, in order to finance additional Public Costs of the Master Development District. Section 2.20 Administration of Tax Increment Financing District No. 15. Administration of Tax Increment Financing District will be handled by the Executive Director of the EDA. The Tax Increments received as a result of increases in the net tax capacity of Tax Increment Financing District No. 15 will be maintained in a special account separate from all other municipal accounts and expended only upon municipal activities identified in the Master Development Program and Tax Increment Financing Plan. Section 2.21 Annual Disclosure and Financial Reporting Requirements. The City (by August 15) shall publish an annual statement as required under Minnesota Statutes, Section 469.175, Subdivision 5 showing for Tax Increment Financing District No. 15 the information required to be reported under Subdivision 6, paragraph (c), clauses (1), (2), (3), (11), (12), (18), and (19); the amounts of Tax Increment received and expended in the reporting period; and any additional information the City deems necessary. In addition, pursuant to Minnesota Statutes, Section 469.175, Subdivision 5, the City must provide the County Board, the County Auditor and the State Auditor on or before August 1 of the year in which the statement must be published a copy of the annual statement. Pursuant to Minnesota Statutes, Section 469.175, Subdivision 6, the City must file with the State Auditor on or before August 1, an annual financial report for Tax Increment Financing District No. 15. The report shall also be filed by the City with the County Auditor. The report shall: 4996914v2 ( Provide for full disclosure of the sources and uses of Tax Increments of Tax Increment Financing District No. 15; (2) Permit comparison and reconciliation with the affected City's accounts and financial reports; 4996914v2 ( Permit auditing of the funds expended on behalf of Tax Increment Financing District No. 15, including a single district that is part of a multidistrict project or that is funded in part or whole through the use of a development account funded with tax increments from other Tax Increment Financing Districts or with other public money: and (4) Be consistent with generally accepted accounting principles. In addition, the report shall contain the following information: ( The original net tax capacity of Tax Increment Financing District No. 15 and any district under Section 469.177, Subdivision 1; (6) The net tax capacity for the reporting period of Tax Increment Financing District No. 15 and any subdistrict; ( The captured net tax capacity of Tax Increment Financing District No. 15; ( Any fiscal disparity deduction from the captured net tax capacity under Section 469.177, Subdivision 3; ( The captured net tax capacity retained for tax increment financing under Section 469.177, Subdivision 2, paragraph (a), clause (1); (10) Any captured net tax capacity distributed among affected taxing districts under Section 469.177, Subdivision 2, paragraph (a), clause (2); (1 1) The type of district; (12) The date the City approved the Tax Increment Financing Plan and the date of approval of any modification of the Tax Increment Financing Plan, the approval of which requires notice, discussion, a public hearing, and findings under Section 469.175, Subdivision 4, paragraph (a); (13) The date the City first requested certification of the original net tax capacity of Tax Increment Financing District No. 15 and the date of the request for certification regarding any parcel added to the Tax Increment Financing District No 15; (14) The date the County Auditor first certified the original net tax capacity of Tax Increment Financing District No. 15 and the date of certification of the original net tax capacity of any parcel added to Tax Increment Financing District No 15; (15) The month and year in which the City has received or anticipates it will receive the first increment from Tax Increment Financing District No. 15; (1 6) The date Tax Increment Financing District No. 15 must be decertified; 10 4996914v2 (17) For the reporting period and prior years of Tax Increment Financing District No 15, the actual amount received from at least, the following categories: (a) Tax Increments paid by the captured net tax capacity retained for tax increment financing under section 469.177, Subdivision 2, paragraph (a), clause (1), but excluding any excess taxes; (b) Tax Increments that are interest or other investment earnings on or from Tax Increments; (c) Tax Increments that are proceeds from the sale or lease of property, tangible or intangible, purchased by the City with Tax Increments; (d) Tax Increments that are repayments of loans or other advances made by the City with Tax Increments; (e) bond proceeds; and (0 the market value homestead credit paid to the City under Section 273.1384. (18) For the reporting period and for the prior years of Tax Increment Financing District No. 15, the actual amount expended for, at least, the following categories: (a) acquisition of land and buildings through condemnation or purchase; (b) site improvements or preparation costs; (c) installation of public utilities, parking facilities, streets, roads, sidewalks, or other similar public improvements; (d) administrative costs, including the allocated cost of the City; and (e) for housing districts, construction of affordable housing; (19) The amount of any payments for activities and improvements located outside of the district that are paid for or financed with Tax Increments; (20) The amount of payments of principal and interest that are made during the reporting period on any nondefeased: (a) general obligation tax increment financing bonds; and (b) other tax increment financing bonds including pay-as-you-go contracts and notes. 11 4996914v2 (21) The principal amount, at the end of the reporting period, of any nondefeased: (a) general obligation tax increment financing bonds; and (b) other tax increment financing bonds, including pay-as-you-go contracts and notes. (22) The amount of principal and interest payments that are due for the current calendar year on any nondefeased: (a) general obligation tax increment financing bonds; and (b) other tax increment financing bonds, including pay-as-you-go contracts and notes. (23) If the fiscal disparities contribution under Chapter 276A or 473F for Tax Increment Financing District No. 15 is computed under Section 469.177, Subdivision 3, paragraph (a), the amount of total increased property taxes to be paid from outside Tax Increment Financing District No. 15; and (24) Any additional information the State Auditor may require. IF THE CITY FAILS TO MAKE A DISCLOSURE OR SUBMIT A REPORT CONTAINING THE INFORMATION REQUIRED BY AND WITHIN THE TIME PROVIDED IN SECTION 469.175, SUBDIVISIONS 5 AND 6 THE STATE AUDITOR SHALL NOTIFY THE COUNTY AUDITOR TO HOLD THE DISTRIBUTION OF TAX INCREMENT FROM TAX INCREMENT FINANCING DISTRICT NO. 15. Section 2.22 Reasonable Expectations. As required by the Tax Increment Financing Act, in establishing Tax Increment Financing District No. 15, the determination has been made that the anticipated development would not reasonably be expected to occur solely through private investment within the reasonably foreseeable future and that the increased market value of the site that could reasonably be expected to occur without the use of tax increment financing would be less than the increase in the market value estimated to result from the proposed development after subtracting the present value of the projected Tax Increments for the maximum duration of Tax Increment Financing District No. 15 permitted by the Tax Increment Financing Plan. In making said determination, reliance has been placed upon written representations made by the developer to such effects and upon City staff awareness of the feasibility of developing the project site. A comparative analysis of estimated market values both with and without establishment of Tax Increment Financing District No. 15 and the use of Tax Increments has been performed as described above. Such analysis is on file with the City, and indicates that the increase in estimated market value of the proposed development (less the indicated subtractions) exceeds the estimated market value of the site absent the establishment of Tax Increment Financing District No. 15 and the use of Tax Increments. 12 Section 2.23 Other Limitations on the Use of Tax Increment. (1) General Limitations. All revenue derived from tax increment shall be used in accordance with the tax increment financing plan. The revenues shall be used to finance or otherwise pay public capital and administration costs pursuant to Minnesota Statutes, Section 469.124 through 469.133, as amended. These revenues shall not be used to circumvent existing levy limit law. No revenues derived from tax increment shall be used for the construction, renovation, operation or maintenance of a building to be used primarily and regularly for conducting the business of a municipality, county, school district, or any other local unit of government or the state or federal government or for a commons area used as a public park, or a facility used for social, recreational, or conference purposes; this provision shall not prohibit the use of revenues derived from tax increments for the construction or renovation of a parking structure or of a privately owned facility for conference purposes. (2) Restriction on Pooling. At least 80 percent of tax increments from the Tax Increment Financing District No. 15 must be expended on activities in Tax Increment Financing District No. 15 or to pay bonds, to the extent that the proceeds of the bonds were used to finance activities within said district or to pay, or secure payment of, debt service on credit enhanced bonds, provided that in the case of a housing district, a housing project as defined in Minnesota Statutes, Section 469.174, Sub. 11, is deemed to be an activity in the District, even if the expenditure occurred after five years. Not more than 20 percent of said tax increments may be expended, through a development fund or otherwise, on activities outside of Tax Increment Financing District No. 15 except to pay, or secure payment of, debt service on credit enhanced bonds, provided that in the case of a housing district, a housing project as defined in Minnesota Statutes, Section 469.174, Sub. 11, is deemed to be an activity in the District, even if the expenditure occurred after five years. For purpose of applying this restriction, all administrative expenses must be treated as if they were solely for activities outside of Tax Increment Financing District No. 15. ( Five Year Limitation on Commitment of Tax Increments. Tax increments derived from Tax Increment Financing District No. 15 shall be deemed to have satisfied the 80 percent test set forth in paragraph (2) above only if the five year rule set forth in Minnesota Statutes, Section 469.1763, Sub. 3, has been satisfied; and beginning with the sixth year following certification of Tax Increment Financing District No. 15, 80 percent of said tax increments that remain after expenditures permitted under said five year rule must be used only to pay previously committed expenditures or credit enhanced bonds as more fully set forth in Minnesota Statutes, Section 469.1763, Sub. 5, provided that in the case of a housing district, a housing project as defined in Minnesota Statutes, Section 469.174, Subd. 11, is deemed to be an activity in the District, even if the expenditure occurred after five years. Section 2.24 Economic Development or Job Growth: Business Subsidies; Reporting. To the extent applicable, the City agrees to comply with Minnesota Statutes, Sections 116J.993 to 116J.997, which states that a local unit of government granting financial assistance to a business for economic development or job growth purposes, including tax increment financing, 4996914v2 13 must establish business subsidy criteria and approve a business subsidy agreement with the business receiving tax assistance. Minnesota Statutes, Section 116J.993 requires a city providing a business with a subsidy worth $25,000 to complete a subsidy approval process as described below. Housing projects and many redevelopment projects are exempt from the requirements. 4996914v2 Before granting a business subsidy, the City must complete the following: ( Adopt criteria for awarding business subsidies following a public hearing. (2) Enter into a subsidy agreement which must include the following information and requirements: (a) A description of the subsidy, including the amount and type of subsidy, and type of district if the subsidy is a tax increment financing; (b) A statement of the public purpose of the subsidy; (c) Measurable, specific, and tangible goals for the subsidy; (d) A description of the recipient's financial obligation if the goals are not met. (0 A commitment from the recipient to continue operations in the jurisdiction where the subsidy is used for at least five (5) years after the benefit date; any; (e) A statement of why the subsidy is needed. (g) The name and address of the parent corporation of the recipient, if (h) A list of all financial assistance by all grantors for the project; and (i) A requirement for the recipient to provide the Authority and the Department of Employment and Economic Development with annual information regarding goals for two years after receiving the subsidy or until the goals are achieved. The reports must be filed by March 1 for the prior year. ( If the business subsidy exceeds $150,000, the City must conduct a public hearing on the subsidy, after providing at least ten (10) days published notice in the local newspaper. Section 2.25 Requirements for Agreements with Developers. Pursuant to Minnesota Statutes, Section 469.176 Subd. 5, if more than 10% of the acreage of a project is to be acquired by the City with proceeds from tax increment bonds then, prior to such acquisition, the City must enter into an agreement for the development of the property. Such agreement must provide recourse for the City should the development not be completed. 14 Section 2.26 County Road Costs. Pursuant to Minnesota Statutes, Section 469.175, Subdivision la, the County board may require the City to pay for all or part of the cost of County road improvements if the proposed development to be assisted by Tax Increments will, in the judgment of the County, substantially increase the use of County roads requiring construction of road improvements or other road costs and if the road improvements are not scheduled within the next five years under a capital improvement plan or within five years under another County plan. If the County elects to use Tax Increments to improve County roads, it must notify the City within forty-five days of receipt of this Tax Increment Financing Plan. Section 2.27 Green Acres. Tax Increment Financing District No. 15 does not contain any parcel or part of a parcel that qualified under the provisions of Section 273.111 or 273.112 and Chapter 473H for taxes payable in any of the five calendar years before the filing of the request for certification of the Tax Increment Financing District. 4996914v2 15 . • Ct • VD 6 0 0 VD 0 0 H cep "7$ ) Parcel identification number(s) of property, located in the above referenced Tax Increment Financing District in the City of Apple Valley, Dakota County, Minnesota are as follows: 4996914v2 EXHIBIT B Description of Tax Increment Financing District No. 15 CITY OF APPLE VALLEY, MINNESOTA JLJ 01-75900-07-010 01-75900-02-010 01-75900-02-020 01-75900-02-030 01-75900-03-010 01-75900-08-010 CITY OF APPLE VALLEY TIF DISTRICT 15 150TH ST LE=i I TIF District 1 B-1 I I Legend Bari RO3dS Parks %ads Estimated Tax Increment Revenues (from tax increment generated by the district) Tax increment revenues distributed from the county Interest and investment earnings Sales/lease proceeds Market value homestead credit Total Estimated Tax Increment Revenues EXHIBIT C Projected Tax Increment City of Apple Valley, Minnesota Tax Increment Financing District No. 15 Estimated Project/Financing Costs (to be paid or financed with tax increment) Project costs Land/building acquisition Site improvements/preparation costs Utilities Other qualifying improvements Construction of affordable housing Small city authorized costs, if not already included above Administrative costs Estimated Tax Increment Project Costs Estimated financing costs Interest expense Total Estimated Project/Financing Costs to be Paid from Tax Increment Estimated Financing Total amount of bonds to be issued Note: Figures have been rounded 499691 4v2 C-1 Total $23,609,000 $50,000 $0 so $23,659,000 $5,000,000 $11,103,000 so $886,000 $0 $0 $0 $2,360,000 $19,349,000 $4,310,000 $23,659,000 $19,349,000 49969 i 4v2 10/18/2012 EXHIBIT D Apple Valley EDA Tax Increment Financing District No. 15 Estimated tax Increments Over Maximum Life of District City of Apple Valley Apple Valley EDA Tax Increment Financing District No. 15 Estimated Tax Increments Over Maximum Life of District Parkside Village Based on Pay 2012 Tax Rate = 109.532% 44.110% 31.426% 28.440% 5.556% Estimated TIF Taxes New Base Captured Total District Payable Tax Tax Tax Tax Year Year Capacity Capacity Capacity Increment 2014 0 0 1 2015 170,464 (25,393) 145,071 158,900 2 2016 461,879 (25,393) 436,487 478,094 3 2017 484,973 (25,393) 459,581 503,389 4 2018 509,222 (25,393) 483,829 529,949 5 2019 534,683 (25,393) 509,290 557,837 6 2020 561,417 (25,393) 536,025 587,120 7 2021 589,488 (25,393) 564,096 617,866 8 2022 618,962 (25,393) 593,570 650,150 9 2023 649,911 (25,393) 624,518 684,048 10 2024 682,406 (25,393) 657,014 719,641 11 2025 716,526 (25,393) 691,134 757,014 12 2026 752,353 (25,393) 726,960 796,255 13 2027 789,970 (25,393) 764,578 837,459 14 2028 829,469 (25,393) 804,076 880,722 15 2029 870,942 (25,393) 845,550 926,149 16 2030 914,489 (25,393) 889,097 973,847 17 2031 960,214 (25,393) 934,821 1,023,930 18 2032 1,008,225 (25,393) 982,832 1,076,518 19 2033 1,058,636 (25,393) 1,033,243 1,131,734 20 2034 1,111,568 (25,393) 1,086,175 1,189,711 21 2035 1,167,146 (25,393) 1,141,753 1,250,588 22 2036 1,225,503 (25,393) 1,200,111 1,314,508 23 2037 1,286,778 (25,393) 1,261,386 1,381,624 24 2038 1,351,117 (25,393) 1,325,725 1,452,096 25 2039 1,418,673 (25,393) 1,393,281 1,526,091 26 2040 1,489,607 (25,393) 1,464,214 1,603,786 Total 23,609,026 0 NORTHLAND STRATEGIES Special Prol•cls Gioup D-1 0 63,991 192,534 202,721 213,417 224,648 236,440 248,823 261,824 275,475 289,809 304,859 320,662 337,255 354,678 372,972 392,181 412,350 433,527 455,764 479,112 503,627 529,369 556,397 584,777 614,576 645,865 9,507,653 City County School Other TIF *TIF TIF TIF Related Related Related Related Share Share Share Share 0 0 0 45,590 41,258 8,061 137,170 124,137 24,253 144,428 130,705 25,535 152,048 137,601 26,883 160,050 144,842 28,297 168,451 152,445 29,784 177,273 160,429 31,341 186,535 168,811 32,980 196,261 177,613 34,699 206,473 186,855 36,504 217,196 196,558 38,401 228,455 206,747 40,391 240,276 217,446 42,482 252,689 228,679 44,676 265,722 240,474 46,981 279,408 252,859 49,399 293,777 265,863 51,940 308,865 279,517 54,609 324,707 293,854 57,409 341,341 308,908 60,350 358,807 324,715 63,439 377,147 341,311 66,681 396,403 358,738 70,086 416,622 377,036 73,661 437,852 396,249 77,414 460,144 416,423 81,354 6,773,690 6,130,073 1,197,610 49969 1 4v2 V18/2012 City of Apple Valley Dakota County Rosemount-Apple Valley-Eagan ISD 196 Apple Valley EDA Tax Increment Financing District No. 15 Impact On Other Taxing Jurisdictions (Taxes Payable 2011) City of Apple Valley Apple Valley EDA Tax Increment Financing District No. 15 Impact on Other Taxing Jurisdictions (Taxes Payable 2012) Parkside Village ANNUAL TAX INCREMENT Estimated Annual Captured Tax Capacity (Full Development) Payable 2012 Local Tax Rate Estimated Annual Tax Increment Percent of Tax Base Dollar Impact of Affected Taxing Jurisdictions Net Tax Tax Added Capacity % of Total Increment Local Tax (NTC) Share Rate City of Apple Valley 44.110% 40.271% 645,865 1.389% Dakota County 31.426% 28.691% 460,144 0.110% Rosemount-Apple Valley-Eagan ISD 196 28.440% 25.965% 416,423 0,281% Other 5.556% 5.073% 81,355 Totals 109.532% 100.000% 1,603,787 NOTE NO. 1: Assuming that ALL of the captured tax capacity would be available to all taxing jurisdictions even if the City does not create the Tax increment District, the creation of the District will reduce tax capacities and increase the local tax rate as illustrated in the above tables. NOTE NO. 2: Assuming that NONE of the captured tax capacity would be available to the taxing jurisdiction if the City did not create the Tax Increment District, then the plan has virtually no initial effect on the tax capacities of the taxing jurisdictions. However, once the District is established, allowable costs paid from the increments, and the District is terminated, all taxing jurisdictions will experience an increase in their tax base. EXHIBIT E $1,464,214 109.532% $1,603,786 Net Tax Captured Capacity Tax (NTC) Capacity Percent of Total NTC 46,491,474 1,464,214 3.15% 419,583,852 1,464,214 0.35% 148,173,078 1,464,214 0.99% NORTHLAND STRATEGIES 3p•cial Ploi•sts 0,0u0 4996914v2 (18/2012 EXHIBIT F Apple Valley EDA Tax Increment Financing District No. 15 Present Value Analysis As Required By Minnesota Statutes 469.175(3)(2) City of Apple Valley Apple Valley EDA Tax Increment Financing District No. 15 Present Value Analysis As Required By Minnesota Statutes 469.175(3)(2) Parkside Village 1 Estimated Future Market Value w/ Tax Increment Financing 35,190,802 2 Payable 2012 Market Value 2,031,400 3 Market Value Increase (1-2) 33,159,402 4 Present Value of Future Tax Increments 12,396,164 5 Market Value Increase Less PV of Tax Increments 20,763,238 6 Estimated Future Market Value w/o Tax Increment Financing 6,879,041 7 Payable 2012 Market Value 2,031,400 8 Market Value Increase (6-7) 4,847,641 9 Increase in MV From TIF 15,915,597 2 Assume 5.0% annual appreciation over 25 year life of district. 2 Statutory compliance achieved if increase in market value from TIF (Line 9) is greater than or equal to zero. NORTHLAND STRATEGIES Sp•cioi Ptoi•cts GrouD F-1 Page : 4996914v2 EXHIBIT G Tax Increment Financing District No. 15 Projected Tax Increment City of Apple. Valley Apple Valley EDA `fax Increment Financing District No.1,5 Projected Tax Increment rksi d VilIage Asat riled 1110„.0.0,f, 1.t.I.00%, 0 Available otal Tif l'axes Nevo. Rase Captured Otigittal E.,itificiated State Anrrival PV of iwaltak,,te- DisArict Vri, Rayal:tte Tax 3Lx.. 7G:ix Twt Cilty lAtulitor Tax I' litrerrient: Yr ' t....;:i .apar,ity Rato .trtererclortt Arittlitt. l.)ecilmt. Iftcrefileat 4„ -,. 11 ,, 1 0:1.,:....,,..:<',..i.:,•, f'...,;..11::;,,2.:.',..;.-i:::::;:.' 1.09,532', 158,90() iil.,5..,.::.,,.,::: - ,47,778 2,015 2016 461,879 12.5,..,1,':::::: 436,481 1.:(.) 4'78,094 .('-.4 ' , : ::'0 '''' '.•:''.':)',.'''.:: ' - -II ) ,`,:' ' :' : .1 ..... 1 .''' s'''C'''''C'''' 9 i.: !>:(1) : i 39): 01 .':i;: 1 .. ,:n: 4.: 1,001,0 483,829 10.9,532% 1....29,9,,i9 ,,,,.:;::: ,-,•.,„:-',.,,,,,...-, , (1..„'„3 , 1.1:r,1::::), 475„046 1.,44t::: 201 fl ?01 5.,34!,68:E 1:::::':::,.::::.:.. 509,29(.) '..),09.,532'4. , C:1'...,9 , 08), 5().(1.045 1„.813 2019 2020 561„41.1 ,,,, 536,0.2 1„09.5„1 581?0 ,::::.„ 114) 5215,294 2., 1 202(1 .2023. 5,89„418 c 564,09(.: 1.W.).5.32X, ( . {. S '... , 2 '8 2021 2022 ;) 591570 109,5329t:, 650,15.0 2.,3..4:1„1 9 (31:l4,048 .,4.6.3) 613,1,81. 3,710357 2 3 2t)24 68.2,4(ifi. , r..2$ .„1:1c.43) 6..()1.4 109,.., 71%641 f7:::::,.,96,..li: (2:591',..', :645,08(3 4,179,355 1.1.. 2024 2025 716,526 -(25..:3933 691134 109,532','4, 757,01.4 (7 i:.2,7 251: 678581 4 12 2025 2026 752,353 ) .3'...13) 726,960 109.532% 796,255 ,..',8,: 713,763 5.,132,N7 13 2026 202 18:9,970 ,ii:....„) - . 764,,.5y8 (}J )/'/( .837,459 -...:. (3,1935 750,698 5 1.4 202 2028 829,469 :(25,39.1) 804,07 109,532 880722 i88..c:17.2) :13,1711 '/( 1.5 2028 2029 870942 :(2...::: 845,550 109532'7,i, 926,149 (92 6.1.!...1.) (3, 3341: 8 30,200 6,600,5611 16 - 2029 203-0 914489 1 8E9097 109.53.2'7,, '973847 07.385) 872,9 7100,564 17 2030 .2Q31. 960214: ( 934,821 09.532% 1;023;930 C.1.02 1393) .,(Ii8.6) 917,851. 7,,,505,868 . 1 - :8. 20.31, 20:32 1,008,225. (.25,393') .:(82,83,2 109..532% 1;076,518 n.137,652) 1.3„ar '954,9E.)].. 8,]..116,493 19 '2032 2033 1,058,636 ( 1„0.33;243 1,09.,532',',/,,, 1,1.31..„734 - 1,1.. (4,074 ) J., OK486 :8,63.2„465 20 2033, 2034 1,11.1„:568 (1:::::::";93) 1,086,175 1,09..532% 1,11..89,711 (11...8,971) (4,283) L066,457 9.,153,806 21. 2034 •035 1,167,146 (25,393' '1,141,753 3,09,532?4, 1 .(45 1,121 9,680,544 22 2035 2036 1,225„583 - (2 5 , ..?....9 3":. 1,200,111 109.532'k 1,31:4,508 (.1.31 .(4,732) 1,178,325 10,212;706 23 2036 2037 1,28637'8 , .3) 1,261,386 109.53.2% 1,381,624 (13'8,1. 62) 0,97 1„238,488 1,0,750,31.8 24 203.7 203.8 1,351, (.2 1,325,725 ))/ ( (5,223) 1,301,659 1,1 25 2038 203,) 1,418 .; 25393) 1,393,281 109..532% 1,526;091, ::: , „. , ..4.) , . - .:)) L367,988 1.1.,842.(117 2 :4)39 2040 1,489, 6tY7 ,- 5 1 ,9 1 1()S ,(1;03, 7 TOTAL 23,609,026 (2,360:903) Kgy..,Ass$44.9 1 Assumes e.slirtiacci assessed market v0,,le of th 35% t:;:amptOtf...,:j 2013, 1.00`x, cornp 2014, 2 New howtjrtg units, t roortim irK:otr,e. 3 'fax rat is based on certified payable 2012 rate., 4 d 3% anntial ty,,,,or 25 yOar trICPX11(,111.: •oHc for 25 year:.:; arte• first year of coliec.fiorl, tot// of 26 yeas, 6 P"V calcoiat(W1::,q1sed et) ,5err(i-annuai G-1 774 1,84:9 21 163 131 1,437,634 1,2,396,1.64