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05/08/14 EDA Meeting
Meeting Location: Municipal Center 7100 147th Street West City of Apple Valley, Minnesota 55124 NOTICE: The Apple Valley Economic Development Authority will hold a Special meeting at the Municipal Center, on Thursday, May 8, 2014, at 7:00 p.m. to consider the items listed in the following agenda: MAY 8, 2014 ECONOMIC DEVELOPMENT AUTHORITY SPECIAL MEETING TENTATIVE AGENDA 7:00 p.m. (immediately following the City Council meeting) 1. Call to Order. 2. Approval of Agenda. 3. Approval of Minutes of January 23, 2014. Consent: 4. Submission of Livable Communities Demonstration Account (LCDA) Application. 5. Approve Participation Agreement with Greater MSP for use of Salesforce.com Communities Portal Database. Regular: 6. Approval of Scope of Service for Downtown Development Ordinance. 7. Authorize Staff to Proceed with Updating Agreements for a Two Phased Approach to Parkside Village. 8. Staff Updates. 9. Adjourn. Summary N/A Background N/A 000 0000 00000 0000 000 City of Apple Valley Approval of Minutes of January 23, 2014 Budget Impact N/A Attachment(s) January 23, 2014 Minutes ITEM: EDA MEETING DATE: SECTION: ITEM DESCRIPTION: STAFF CONTACT: Joan Murphy, Department Assistant Action Requested Recommend approving the minutes of the meeting of January 23, 2014. 3 May 8, 2014 Approval of Minutes DEPARTMENT/DIVISION: Community Development Department ECONOMIC DEVELOPMENT AUTHORITY City of Apple Valley Dakota County, Minnesota January 23, 2014 Minutes of the special meeting of the Economic Development Authority of Apple Valley, Dakota County, Minnesota, held January 23, 2014, at 6:00 p.m., at Apple Valley Municipal Center. PRESENT: Commissioners Goodwin, Bergman, Grendahl, Hamann-Roland, Hooppaw, Maguire and Melander. ABSENT: City staff members present were: Executive Director Lawell, City Attorney Dougherty, Community Development Director Nordquist, Finance Director Hedberg, City Planner Lovelace, Planner Bodmer, and Department Assistant Murphy. Meeting was called to order at 6:00 p.m. by President Goodwin. APPROVAL OF AGENDA MOTION: of Hamann-Roland, seconded by Bergman, approving the agenda. Ayes - 7 - Nays 0. APPROVAL OF MINUTES MOTION: of Hooppaw, seconded by Hamann-Roland, approving the minutes of the special meeting of November 7, 2013, as written. Ayes - 6 - Nays — 0. Abstain — 1 (Bergman) APPROVAL OF 2014 CALENDAR Community Development Director Nordquist reviewed the proposed calendar schedule. Discussion followed. MOTION: of Hamann-Roland, seconded by Grendahl, approving the dates on the 2014 calendar with the revision that the July 24 meeting be moved to July 10 and held after the scheduled City Council meeting. Ayes - 7 - Nays — 0. Further discussion followed. MOTION: of Bergman, seconded by Grendahl, approving the meeting start time as 6:00 p.m. Ayes - 7 - Nays — 0. Commissioner Grendahl requested that Item 7 — Business Ready Implementation Project on the agenda be discussed before Item 6 — Approval of 2014 Budget. President Goodwin permitted the change in the order of agenda items. Economic Development Authority City of Apple Valley Dakota County, Minnesota January 23, 2014 Page 2 APPOINT BOARD OFFICERS FOR 2014 MOTION: of Hamann-Roland, seconded by Grendahl, adopting Resolution No. EDA 2014- 01 appointing 2014 officers of the Economic Development Authority as: President — Goodwin, Vice-President — Melander, Secretary — Gackstetter, Treasurer — Hooppaw, and Assistant Treasurer — Gackstetter. Ayes - 7 - Nays - 0. BUSINESS READY IMPLEMENTATION PROJECT Community Development Director Bruce Nordquist reviewed the Dakota County Community Development Agency Redevelopment Incentive Grant Program Planning Grant Agreement to extend for one year for $15,000 with a $15,000 match from the EDA. Discussion followed. MOTION: of Hamann-Roland, seconded by Hooppaw, adopting Resolution No. EDA 2014- 02 approving the Dakota County Community Development Agency Redevelopment Incentive Grant Program Planning Grant Agreement extending the grant agreement for one year, for $15,000 with a $15,000 match from the EDA. Ayes - 6 - Nays — 1. (Grendahl) APPROVAL OF 2014 BUDGET Finance Director Ron Hedberg provided an overview of the 2014 budget, approved by the City Council, which included the Economic Development Operations Fund. Discussion followed. MOTION: of Hamann-Roland, seconded by Bergman, approving the 2014 Economic Development Authority Budget. Ayes - 7 - Nays - 0. ADJOURNMENT MOTION: of Hamann-Roland, seconded by Grendahl, to adjourn. Ayes - 7 - Nays - O. The meeting was adjourned at 6:54 p.m. Respectfully Submitted, an Murphy, Depa ment istant Approved by the Apple Valley Economic Development Authority on Cityof Val ey ITEM: EDA MEETING DATE: SECTION: 4 May 8, 2014 Consent Agenda ITEM DESCRIPTION: Approve submission of a pre-application for the 2014 Metropolitan Council Livable Communities Demonstration Account (LCDA) STAFF CONTACT: Bruce Nordquist, Community Development Director DEPARTMENT/DIVISION: Community Development Department Action Requested Approve submission of a pre-application for 2014 Metropolitan Council Livable Communities Demonstration Account (LCDA) Summary By a May 1 deadline, based on a review and authorization by the City Council on April 24, staff submitted a pre-application to the Metropolitan Council. On further review of program requirements before the application was completed, it was determined that the EDA should be the applicant to facilitate a proposed project. On April 21, staff received a request from "Cooperative Lifestyle Group", a partnership of Ecumen Services, Inc., and Lifestyle Communities, LLC, to have the City consider requesting Livable Communities funding from the Metropolitan Council. The Metropolitan Council recently announced that $7.5 million is available. It is proposed by the development group that the triangle site in the Central Village, Galaxie Avenue and 153rd Street, become a mixed-use multi-story development with a housing and retailing focus. The Metropolitan Council requires "Project Concept Plans" be submitted by May 1, 2014, to be considered for proceeding with a complete funding application. Complete applications will require EDA review to be considered with a submission deadline to the Metropolitan Council of June 30, 2014. Background The attached letters provide an explanation: The partnership being formed - The triangle site location in the Central Village - A concept plan for 78 senior cooperative units - Commercial space totaling 41,600 sq. ft. The need for the grant request, primarily attributed to: - $1,149,000 cost of land (now City purchased and owned) - $1,322,000 special assessment balance - $2,471,000 - A total development cost of $30.8 million is proposed Staff has included the attached concept plan and forwarded an initial development proforma to Northland Securities for feedback and discussion. Without this submission, this proposal could not be further considered until spring 2015, delaying the project one year. The development team would like to address plan and financial concerns during 2014 and hopefully receive an award of grant funds by the end of 2014 to allow a spring, 2015, construction start. This location has consistently required a need for grant funding on previous development concepts. To be eligible to request acquisition funds, the applicant must not yet be the property owner. Staff would work with the Metropolitan Council to determine eligibility of the project for Livable Communities funds and a complete application based on the application. An EDA resolution must accompany the submission of a complete application so the EDA can be assured they will be able to further review the concept in greater detail before the end of June. The request for $1.14 million would address the cost of site acquisition. Budget Impact Needs to be determined and will include discussion with both the City Council and the Economic Development Authority. Attachment(s) Application, as submitted to the Metropolitan Council. I lu c 0 IN O ' m Li :rfm N 3- C M■lk 0 3- 1) C 3- 0, C U) U) 0) CO C 0 U) To 0 MM 0) 0 0 o_ J 1.0 L L C imaziat.2,Z19V419±Ftl ' 1 2 II C U 1■■ .1.1PPPRIVIP 00 0 0 0 0 0 0 April 18, 2014 Bruce Nordquist, AICP Community Development Director City of Apple Valley 7100 147 Street West Apple Valley, MN 55124 RE: Letter of Support Village Pointe Plaza, Apple Valley MN Dear Mr. Nordquist: innovate onorTM It is with much enthusiasm and excitement that Ecumen partners with Lifestyle Communities, LLC forming Cooperative Lifestyle Group, LLC. This is a new unique venture that will not only enhance the Ecumen portfolio by giving those individuals who are aging the choice to maintain home ownership while downsizing their homes, but it will also allow those 55+ residents who reside in the City of Apple Valley, the ability to stay within their community attending the same church, doctor, grocer, etc. Ecurnen is no stranger to the City of Apple Valley. Ecumen currently owns and operates two senior housing communities in Apple Valley, Ecumen Centennial House and Ecumen Seasons at Apple Valley. These communities serve seniors within the Apple Valley Community and surrounding areas who are in need of some supportive services, such as meals, housekeeping, and healthcare related activities of daily living, as well as memory care. It is our marketing experience with these two communities that has driven us to pursue this active adult/independent living home ownership cooperative within the Village Pointe Plaza mixed use development. According to our extensive hands on market research in the field, we believe that there is a pent up demand for more of an independent 55+ ownership option for those residents within the Apple Valley community that will ultimately compliment Ecumen Seasons and Centennial House communities. With our 150 years of operation experience coupled with the Cooperative development and finance experience brought by Lifestyle Communities, LLC we believe that we can create this livable walkable community within the heart of Apple Valley giving those residents and the 55+ cohort in the City of Apple Valley exactly what they are looking for an innovative housing choice that is surrounded by a mixed use development allowing for vibrancy and activity within the Village Pointe Plaza. Sincerely, Ecumen Ecumen fully supports this proposal and resulting lifestyle choice for residents of the City of Apple Valley. We strongly believe that our newly formed partnership with Lifestyle Communities, along with the required economic assistance, will result in another successful Ecumen/Lifestyle development in the fine City of Apple Valley • innovate m Dena R. Meyer Director of Business Development r honorTM April 18, 2014 Cooperative Lifestyle Group, LLC A Unique Partnership Of Ecumen Services, Inc., and Lifestyle Communities, LLC Bruce Nordquist, AICP Community Development Director City of Apple Valley 7100 147th Street West. Apple Valley, MN 55124 RE: Development Proposal Village Pointe Plaza Apple Valley, MN Dear Mr. Nordquist: On behalf of Cooperative Lifestyle Group, a partnership of Ecumen and Lifestyle Communities, I would like to thank you for the opportunity to submit our development proposal for the approximate 5.5 acre triangular site bordered by Galaxies Avenue, 153rd Street, and Founders way in the Central Village of Apple Valley. Our working title for this Mixed Use Development Proposal is Village Pointe Plaza. We believe our vision is in alignment with the Citify's purposeful desire in fostering a development plan that meets the changing market needs while embracing the vibrancy of the pedestrian-friendly, transit oriented development attributes of Apple Valley's, Central Village. Introduction of our Development Team: Ecurnen is a non-profit 501(c) (3) corporation with over 150 years of service, and no stranger to the City of Apple Valley. lieadcittartered in Shoreview, MN, they are led by a 15-member board of trustees, and one of the largest non-profit providers of older-adult services in Minnesota, as well as one of the top 20 in the nation. These services include independent living communities, assisted living, memory care, skilled nursing care, and at-home care. Lifestyle Communities is a developer with a focus on senior housing„ and has unique expertise in developing senior cooperative housing communities throughout the Twin Cities and beyond. We deeply understand and have been successful in developing and financing in over 30 cooperatives that make a meaningful impact on the seniors that and reside in our cooperatives. We are proud to have strong ties with leading marketing, advertising, construction and design firms; and we make it a priority to work closely with communities, civic leaders and planners in every step of the development process. Lifestyle Communities is honored to have developed and financed the Seasons and Summerhill Communities ofApple Valley, and aim to continue investing in this fine and vibrant City. The expertise and resources of our team brought together through our partnership make us uniquely qualified to undertake this development proposal. The partnership in Cooperative Lifestyle Group merges Lifestyle Communities deep knowledge of cooperative financing and development with Ecumen's expansive operations and marketing of senior housing communities. This combined knowledge, coupled with an explosion of the aging baby boomer population (55 and older) creates a unique opportunity to expand our cooperative mission, advocating for the aging demographic, and creating dynamic additions to communities which is the basis of our efforts in Apple Valley with our Village Pointe Plaza proposal. Introduction of the proposed Development: The Proposed Development includes a Cooperative Senior Frouing development, a specialty grocer, and related neighborhood-supporting retail and commercial/office space incorporating structured parking to accommodate the multiple uses on the site. The parking is provided in both structured and surface forms, and is kept internal to the site to create a more urban look and feel to the completed development. The unique application of relating the majority of housing over underground parking as well as open air covered surface pedestal parking allows for horizontal visual setlines through a significant amount of the development site. This will foster an open and inviting feeling for the development as well as for the other related existing and future elements of the central village* The 55+ ownership cooperative component is a 4-story structure with I level of underground parking for residents. The first floor of this structure incorporates an open inviting main lobby and amenities of the senior living component into a two- sided space. This space will have a formal entry point facing west toward the round- about, as well as an entry with covered drop-off area facing southeast toward the middle of the site. The remainder of the first level of this structure is comprised of, open-air pedestal parking that is intended for general use by the entire development, as well as short-term guest parking for the residential use. Architectural elements will be used to create a consistent, cohesive, look for ail parts of the north and southwest facades in a manner appropriate for the neighborhood. The grocery, retail and commercial/office building components of the site are clustered along Galaxie Avenue for maximum visibility and street presence. This will also complement the existing commercial space across the street to create a walk-able, neighborhood friendly, commercial district. Site access points are logically located in the middle of the block along Founders Lane, and opposite the commercial curb cut to the north on 153rd Avenue. These entry points to the site allow for patrons or visitors to arrive at the site conveniently from all possible directions of traffic, and create complete access to the shared surface and structured parking on the site, as well as both the residential and commercial uses. Economic Assistance Request: In order to achieve the high density mixed use development objectives outlined in this proposal, we must realistically address a significant economic shortfall which exists. As you will see from the enclosed development cost outline, without securing approximately $3 in economic assistance, this project is not economically feasible and will not be built Therefore, we request your assistame in obtaining appropriate grants to offset:the financial impact of the additional burden of the cost of developing our vision for this site. We appreciate your willingness to consider our partnerships combined strengths in achieving the city of Apple Valleys vision for a dynamic, mixed use development on this site. We stand ready to assist in whatever way possible in achieving our unified objectives and to build on to the successes we have all realized together. Sincerely, Coopera lye Lifestyle Group, LLC Timothy F. Nlc is Co-Chief Manager Enclosures Village Pointe Plaza 4/17/2014 Mixed Use Development Proposal Apple Valley, Mn The following development budget serves to outline the anticipated development costs associated with the contemplated mixed use development proposal and outlines the shortfall and the resulting assistance required to make the development feasible. Cooperative Specialty Related Commercial/ S, , Count Housing Grocer Retail Office Total Site Work $ 125,000 S 125,000 125,000 $ 125,000 $ 500,000 Contractor Profit, OH, and GR Architectural costs Capitalized Interest Financing Costs/fees Title/Recording, Organizational Legal, Development Overhead Marketing Development fee/Technical Services Total Land Acquisition Cost Tota Estimated Development Cost Structured Parking cost assistance Special Assessment cost assistance Additional assistance required (to meet target sales market price of coop) Total shortfall - assistance requested Est, Dev. Costs net of required assistance Housing Structure 100620 78 $ 11,500,000 $ 11,500,000 Retail A 16000 $ 2,400,000 $ 2,400,000 Retail 8 14000 $ 1,6 0,000 $ 1,600,000 Commercial/Office 11590 $ 1,400,000 $ 1,400,000 Underground Structured Parking 30756 78 $ 1,170,000 . $ - $ 1,170,000 Surface Structured Parking 22626 52 (...::'; :• . 3 .:3 .: .:::•., .0C:C $ 1,560,000 Surface Lot Parking 110 :S „::i3. : :•.,.::::',,::•::::,.‘,(;) S 33S K.: ...: ..)0 $ 1,332,000 Walks, and Pedestrian focal points $ 95,000 $ 95,000 $ 95,000 $ 95,000 $ 380,000 Misc, City Costs $ 200,000 $ 100,000 $ 100,000 $ 100,000 $ 500,000 $ 1,380,000 $ 288,000 $ 192,000 $ 168,000 $ 2.028,000 $ 350,000 $ 144,000 $ 100,000 $ 90,000 $ 684,000 $ 775,000 $ 288,000 $ 192,000 $ 168,000 $ 1,423,000 $ 600,000 $ 100,000 5 75,000 $ 70,000 $ 845,000 $ 40,000 8 14,000 $ 9,000 $ 8,000 $ 71,000 $ 300,000 $ 120,000 $ 80,000 $ 70,000 $ 570,000 $ 350,000 $ 50,000 S 50,000 $ 50,000 $ 500,000 $ 1,440,000 $ 384,000 $ 256,000 $ 224,000 $ 2,304,000 $ 330,454 ,„ $ 1,110,454 $ 453,334 $ 453,334 $ 453,334 $ 2,470,456 $ 19,048,000 $ 4,831,000 $ 3,597,000 $ 3,291,000 $ 30,767,000 000) $ (330,454) $ (330,454) $ (529,487) $ (1,582,942) $ (723,000 ) $ (723,090) $ (723,000) $ (3,222,454) $ 17,465,058 $ 4,108,000 $ 2,874,000 $ 2,568,000 $ 27,544,546 METROPOLITAN 0 0 U N Identify the Project A. Project name B. Applicant C. Project location D. Total amount requested Name of lead developer or E. development team 2014 Development Grant Project Concept Plan Livable Communities Demonstration Account and Transit Oriented Development Grants Refer to the Project Concept Plan User Guide for direction. City's contact Title Phone Email City Address / intersection When is the project expected to F . start hard construction: Apple Valley Central Village - Village Pointe Plaza NOTE: Only ONE entity may be the applicant. The Council will not accept joint applications. Applicants are expected to be prepared to administer the grant, if awarded. Apple Valley Economic Development Authority - a City, County or Development Authority Bruce Nordquist Community Development Director 952-953-2576 bnordquist©ci.apple-valley.mn.us Apple Valley - a Developing city $1,148,639 2015 Describe the current phase of the Project. The Project is the development or redevelopment work that through its design and execution will deliver benefits such as housing, connections, and/or jobs to the region. Southwest of Galaxie Avenue and 153 Street W. Village Pointe Plaza is the latest phase of the Central Village development, a compact mixed-use development in downtown Apple Valley. The project will deliver a pedestrian-friendly, integrated mix of uses with 78 units of senior-owned housing, retail, office, and a boutique grocery store on a vacant 3.65- acre lot within a 1/2-mile walk to the Apple Valley Transit Station and the METRO Red Line. The site is prominent in Apple Valley, and development has been sought for over 10 years. Funding QatettdrytietiHairitt, Applicants may not mix TOD and regular program requests. Complete either secton A or B. A. LCDA Development 1:1 Energy efficiency El Infrastructure Site assembly Lil Placemaking B. LCDA Development Total Amount Requested for LCDA-TOD II Energy efficiency El Infrastructure ▪ Site assembly • Placemaking LI TBRA Cleanup Total Amount Requested for TBRA-TOD • Environmental assessment LI Asbestos abatement LI Lead-based paint abatement [1] Soil remediation E] Soil vapor mitigation [1] Selective demolition _to access soil contamination LI Other Succinctly list the requested Grant-Funded Activities in the appropriate category. Check all that apply. The funds will be used to offset site acquisition costs. The site is a tax forfeiture parcel that has been acquired by the City of Apple Valley to prevent auction or further languising in the marketplace. With the grant funds, the Apple Valley EDA will purchase from the City and convey the site to the developer, Cooperative Lifestyle Group, LLC, a partnership of Ecumen and Lifestyle Communities, LLC. By reducing site acquisition costs, the developer will be able to move forward with an intensive, vertical mixed-use to provide lifecycle housing, and neighborhood commercial uses with an innovative structured parking solution on the most prominent central parcel in the Central Village. Or Applicants may request funds from one or more TOD categories Succinctly list the requested Grant-Funded Activities in each appropriate category. Note: LCDA-TOD Pre-Development and TBRA-TOD Site Investigation applications do not require a Project Concept Plan. List and briefly explain the requested Grant-Funded Activities in the appropriate category A. B. C. D. F. G. Related development Describe expected future phases of this development. Do not include future phases in any other response. Future Centra Village development includes: Parkside ViIIage Apartments- 322 units start 2014; Remington Cove Apartments 1O1'units- start 2O14; Central Village West office building - approx. 100.000 sq. ft. start 2015; Dakota County CDA housing site - 168-units - start 2017. Describe adjacent or prior development only if it is directly related to the Project. Existing Central Village Development includes: Grandstay Hotel, Shops on Galaxie, Vivo Kitchen restaurant, RE/Max Real Estate, Legacy Square townhomes, and Haraison Apartments. For LCDA proposals and LCA-TOD proposals A. Describe the innovative quahties ofthis Project. The project provides a cost-effective compact development that integrates a mix of uses on a small site within a 1/2-mile waik of a regional transit facility, Apple VaIIey Transit Station. The high-density 78-unit senior cooperative housing (52 units/acre) provides owner-occupied limited equity housing to the area. An 11,600 s.f. office building, a 16.000 s.f. grocery store, and 14.000 s.f. of additional neighborhood-supportive retail will provide walkable gathering locations with both jobs and amenities to the Central Viltage. The developer has committed to incorporating environmentally sensitive design elements into the project. The project will have an innovated structure parking that allows for horizontal sightlines into, across, and through the development, enhancing visibility and accessiblity of the development and the Central Village. B. Explain the demonstration value of this Project. The 78-unit senior housing cooperative and commercial development is the Iatest proposal for the subject triangle parcel. Previous proposals have not proceeded because the development 000ts, including underground peddng, were too great. Previous developers tried to intensify land uses beyond market tolerance causing the owner to forfeit the property. The City acquired the site for future deve|opment, and a developer would like to start construction in 2015. The project shows that there is marke demand for limited equity owner-occupied housing and vertically integrated mixed-use development in a suburban community. The limited equity cooperative housing will be available to residents 55 years and older. Twenty percent (20%) of the units will be priced to be affordable to people making 50% AMI. Further the legal structure ofthe cooperative requires a fixed annual 2% maximum appreciation to the share price for every new buyer in porpe1uity, making the housing affordable into the future. The project supports findings made in the draft Thrive MSP 2040 plan that states App|eVaUeyiadeve|oping^p|oceewherepeop|euongedher'bypuneuingVlUagePointeP|ozo. LCDA funds are not intended to serve as gap financing. To be eligible for LCDA funding, the grant award must be a catalyst to move the Project forward. Explain specifically how LCA funds are essential for the Project to commence by 12/31/2017. The $1,148,639 will be used by the Apple Valley EDA to purchase the site which will then be conveyed to the developer. The funds will write down the land costs making it feasible for the developer to move forward with construction oxpectedto begin in 2015. The proposal intensifies land uses creating a development valued over $30 million. The limited equity senior housing cooperative model will allow the housing piece to remain affordable to future residents. Explain how the Project would change if LCA funds are not awarded. The Village Pointe project would not proceed if funds are not awarded. Without the funds, the developer would be unable to create an integrated mix of uses on the site due to the costs related to building a high-quality development. E. Describe the grant-funded activities, explaining how they serve as placemaking or connecting elements for the Project. The funds will be used for site acquisition. The project creates connection in balanced ways, such as walking paths from the Red Lines terminus station through the development and on to other public parks and community space. It would be a true destination point, having housing, a boutique grocery to related retail and commercial components. Describe how the proposed Project will address LCA statutory objectives and regional goals. The project will create an additional 78-units of lifecycle housing near regional transit facilities in a suburban intensive compact development. According to recent data from Maxfield Research, Inc., there is strong demand in the area for senior for-sale housing, and Apple Valley is considered by Maxfield to be a growth submarket. a. If housing is pmpoaed. list the total number of units included in the Froject: b. List the total number of housing units that will be affordable at 30%, 50%, and 60% AMI c. Of the total number of housing units proposed, provide a breakout of the number of bedrooms per unit 78 18eg5O` Efficiency 0 One bedroom 27 Two bedrooms 36 Three bedrooms 15 Four or more bedrooms 0 6. For LCA-TOD proposals only A. B. C. Named LCA-TOD-Eligible Area Is the above-named Area governed 111 Yes LI No by an adopted station area plan Expected outcomes and density metrics for proposed project 1. Size of Site (in acres) 2. Project Type 3. Floor Area Ratio 4. Number of total dwelling units included in proposed project (if applicable) TOD design elements Describe how this Project will demonstrate innovative transit-oriented development strategies that can be replicated throughout the Region. D. Describe how the Development Project will meet LCA-TOD design objectives for high density, mixed use development that is oriented to the station. NOTE: See PCP Guide for more detail on TOD design guidelines. E. Describe how the named TOD Area promotes walking, bicycling, and increases ridership through short blocks, good circulation, access to commercial areas and institutions for meeting daily needs, and high quality urban design. NOTE: See PCP Guide for more information on walkable station areas F. Describe how the Development Project will incorporate best management practices for green building design and stormwater management. NOTE: See PCP Guide for more information on stormwater best management practices. G. For PCPs that include a request for TBRA-TOD Cleanup funds: 1. Has a responsible party been identified for the contamination? 2. If yes, the responsible party(parties) is (are): 3. Are the total projected cleanup costs 1% or less of the total development cost? 4. Will the proposed development property be tax-exempt? 11 Mixed use 11] Single use If mixed use, briefly describe land use types and size of uses (in square feet) El No 111 Yes 111 No 111] Yes El No [1] Yes NOTE: for non-abatement projects, a Response Action Plan (RAP) approval letter will be due July 28 or 30 calendar days after submitting a full TBRA-TOD application. It can take up to 30 business days (45 calendar days) for the MPCA to review a RAP and issue a RAP approval letter. Please plan accordingly. H. Optional — Do you wish to submit your project for review by I YrZ Nr) the design workshop panel? NOTES: 1. Applicants participating in the design workshop must send an employee representative to attend design workshop session, which will be held in May. More information about design workshops and a list of additional required deliverables included in PCP Guide. Review by the panel is recommended but is not required. 2. Full applications are evaluated and scored independently of the design workshop panel results. Review by the panel and incorporation of its recommendations into the project does not guarantee LCA-TOD funding. Appendix 1: List of Attachments to the Grant Application The following required attachments must be submitted with the PCP in hard copy and electronic format (the PCP must be submitted in Word and the Sources and Uses file in Excer). 1. LCDA: Maps and plans, printed on one side only on paper up to 11x17", folded to 8.5x11". Present all other electronic files in PDF, named as shown below: a. LCDA: Aerial Map and Site Map, with Project site boundaries clearly marked in each, generated by the Council's Make-A-Map application. Name these files "Aerial — [Project Name]" and "Site Map — [Project Name]." The Make application can be accessed here: http://giswebsite.metc.state.mn.us/publicmaps/Ica b. A land use map, with existing and planned Project parcels clearly marked, generated by the Council's Make-a-Map application. Name the PDF file "Land Use — [Project Name]." 2. The Uses Excel file. Name the Excel file "Uses — [Project Name]." 3. The PCP Word file, named "PCP — [Project Name]." 4. LCA-TOD — all of the above and: a. A Walking Route Map that is generated by the Council's Make-a-Map application, named "Walking Route — [Project Name]." b. For projects that will be submitted to the design workshop panel, include A 40-scale (engineering scale, 1"=40'-0") aerial map with superimposed Development Project site plan. This plan should include a scale bar, north arrow, the project boundary, and a title bar that specifies the project name, applicant/city, and development team. The plan should be no larger than ARCH-E size (36" x 48"). If your plan will not fit within ARCH-E size paper at 40-scale, please contact Adam Maleitzke to discuss alternatives. DELIVER A HARD COPY TO THE COUNCIL BY 5 p.m. on Thursday, May 1 Other allowed attachments that may be submitted with the PCP (no late submittals): 1. Up to five one-page images of your choice — site plans, elevations, sections, perspectives, or other drawings that will explain the intent of the Project, compressed to reasonable sizes. Please use the naming convention established above. 2. The applicant's financial analysis for the Project, if one has been completed. Please use the naming convention established above. Appendix 2: Submittal Instructions • Submit one complete electronic copy of the application and all attachments via email to LCAGrantAdmin • metc.state.mn.us. For LCA-TOD projects that will be submitted to the design workshop panel, a hard copy of the required site plan described in part 4b above must be delivered to the Council by the application deadline. Applications and all attachments must be submitted by 4pm on Thursday, May 1st. • Submit the Word and Excel components of the application in their native Word and Excel formats; convert all other attachments to PDF. Note: The Council can accept incoming attachments of up to 20Mb. If the file size becomes too large to email, please split the files among one or more emails. • For assistance with questions regarding application interpretation or assistance, contact: Linda Milashius, LCDA Questions (651) 602-1541 linda.milashius@metc.state.mn.us Adam Maleitzke, LCA-TOD Questions (651) 602-1633 adam.maleitzke@metc.state.mn.us (13 CD cL a) a) a) cs) co -I rE j a) a) a) 0 co co LU LL (0 a) (ft 1 a) a) O • 0 • 0 (A- 69- ■■• (A- OA- (A- 69- ft a) 69- (A- (O. 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CO C\1 Ef3 00 Eft Eft Eft Eft Eft Ef)- Eft Eft ft ft CO CO 00 0 ft 0) (.0 00 '41 r • -,- 0 2 0 z w cu c 0. ca c • it O 3 r • 2 F- O c --t E 'L c ] [ 111 10 t' t cn El Ce 1 E E o o t o z 0 E co 11L_, +110 401 , I. -W V?t t "7 J.- Art PirJ C • . 10§M , st. 0 N ET. 0 co cli 0) co Trici 0 0 0 0 0 � 0 1 0 0 0 0 A V 0 0 'CO C: } 0 0 0 0 0 0 0 N-- 0 O[o OOO RO -L o 0 .: CI A., 0 0 M, 0 C Lf, in • OZDOO 6 5L 1.0 A • 4 OOOO6 L IrO-LCO :] 0 0I000 1.9 W L ;O 13 37-01 752,9201020 37 017 52,9 1020 O O1.0 6 9LLD - L O 1XlP • r OO {)fO LO - 4C0 0 1,0 x. 00 VE l 10 CO 0 • C G � Qa 0 C • .1 j • CD CD f Cn 1 10 10 LG co 2 c co LI t} C ED E c ' '3 LL G} 1 1 fi El El E d cp d to d 2 O L5 O . o 2 03 di 10 II w z 0 LU 0 DkV 3 OVIlai____ u 1.1 FLIGHT WPS4iii - - 0 , - moo 00** City of App e Val ey ITEM: EDA MEETING DATE: SECTION: May 8, 2014 Regular ITEM DESCRIPTION: Greater MSP — Salesforce.com Participation Agreement STAFF CONTACT: Margaret Dykes, Planner DEPARTMENT/DIVISION: Community Development Department Action Requested • Approve Participation Agreement with Greater MSP for use of Salesforce.com Communities Portal database. Summary Greater MSP has contracted with Salesforce.com to create a cloud-based database that tracks business retention and expansion (BR&E) visits done by various entities, including Greater MSP, GROW Minnesota, local chambers of commerce, and local governments. The database tracks visits to the business, allows participants to report company-specific data, identify the needs of businesses, and analyze trends. Background The Salesforce.com community portal database will allow participating communities access to the following information for companies that are located within that community: • Company name, address, phone, website (ability to enter in new company information). • Management contact information. • Dates of visits that have been completed by each organization. • Business retention and expansion surveys. • Other pertinent information which may be confidential, such as relocation plans, business growth, employee numbers, concerns about the business climate, etc. By having access to this information, communities will be able to track where local businesses are in their growth cycle. For example, if a local business would like to expand, but needs to find a larger building or needs land on which to build, the community would be able to contact the business to provide information and assistance. The database will also let communities know what entities are visiting the companies. The business information is confidential, and will not be available to other participating communities. For example, Burnsville could not access information about Apple Valley businesses and vice versa. This confidentiality provides assurances that no other community will have access to sensitive information that the business may not wish to have made public. Some of the other participating entities include Dakota Electric, Dakota County CDA, and the cities of Burnsville, Eagan, Lakeville, and Rosemount. Budget Impact There is no cost for the City to participate. The license cost is normally $400, but the City will be able to access the database without charge because it is an active member of Greater MSP. Attachment(s) • Participation Agreement A. Sub-License: D. Confidentiality GREATER MSP SALESFORCE.COM COMMUNITIES PORTAL PARTICIPATION AGREEMENT between GREATER MSP and Participant: APPLE VALLEY ECONOMIC DEVELOPMENT AUTHORITY This Participation Agreement between GREATER MSP and APPLE VALLEY ECONOMIC DEVELPOMENT AUTHORITY (hereafter referred to as the "Participant") sets forth the terms and conditions of being a user in the GREATER MSP Salesforce.com Communities Portal. The parties of this Agreement have determined that the Salesforce.com Communities Portal is an effective way to develop and provide a coordinated Regional database. This system will act as a client relationship management (CRM) platform for each participating agency as well as provide for the gathering of company-specific data, reporting and analyzing trends, and identifying needs in the Region in aggregate form. This Agreement governs the sub-license for the following geographic area: Counties: Anoka, Carver, Chisago, Dakota, Hennepin, Isanti, Le Sueur, Mille Lacs, Pierce, Ramsey, Scott, Sherburne, Sibley, St. Croix, Washington, Wright. B. Financial Conditions of Agreement: In partnership with GREATER MSP and acting as its Region liaison, GREATER MSP has purchased a master Salesforce.com Communities Portal license for the purpose of helping local partners participate in a Regional Client Relationship Management (CRM) system. The cost of the Salesforce.com Communities Portal Participant License is $400.00 annually. GREATER MSP will waive the annual license fees for Participants that are investors in GREATER MSP in 2014. C. License Ownership: GREATER MSP's approval of the Participant's opportunity to hold a sub-license is subject to Participant's acceptance of and compliance with the terms and conditions of this Participation Agreement. The Participant and GREATER MSP agree and acknowledge that all of the information obtained from individual companies during the interview process is highly confidential and that such company-specific data will not be published or disclosed by either Participant or by GREATER MSP, or by their members, agents, employees, or volunteers without consent from business. Both Participant and GREATER MSP Page 1 of 4 will strive to protect the confidentiality of this data from deliberate or inadvertent disclosure. The consequences of violating this provision include suspension of Participant's sub-license. E. Data Access and Usage: 1. The Participant shall provide GREATER MSP with the name of the person who will utilize the sub-license. 2. Participant agrees to immediately notify GREATER MSP about any changes in its Participants so that user access status and passwords can be changed. 3. Participant must appoint a specific person to enter and retrieve data from Salesforce.com, or other data collection tools deployed by Salesforce.com Communities Portal. Due to the high level of confidential information contained within this data, company-specific information learned through data entry and/or reporting shall not be disclosed to the public without consent from the business. 4. Participant may not contact a company directly concerning information learned through Salesforce.com Communities Portal data, unless the company is located in Participant's City or County and the Participant has obtained permission from the user who entered said data. 5. All work done for the Salesforce.com Communities Portal shall be completed in a professional manner. F. Data Collection To ensure consistency across the various sub-license Participants, the Participant agrees to comply with the MN Salesforce.com Instance Naming Convention attached as EXHIBIT A. G. Responsibilities of GREATER MSP 1. GREATER MSP will serve as the database administrator for the Salesforce.com Communities Portal and will manage Participation Agreements. 2. GREATER MSP, as database administrator, shall establish all sub-license profiles, passwords and access levels. H. Suspension of Participant Sub-License: GREATER MSP shall monitor violations of confidentiality, data collection, and/or data integrity issues. Participant and GREATER MSP agree to work together in this process and to take appropriate steps and actions to correct any issues. Page 2 of 4 L. Agreement Changes: GREATER MSP and Participant have attempted to educate themselves on the Salesforce.com Communities Portal before writing and signing this Agreement. However, all parties agree to and understand that — as this is a new Salesforce.com Communities Portal, periodic changes to this Agreement may be necessary to clarify any points not already addressed, or to modify existing elements of this Agreement. Participant will be given at least 30 days notice of any amendments to this Agreement. M. Signatures: The following parties, by signing this document agree to all provisions of this Agreement. PARTICIPANT Date CITY COUNTY GREATER MSP Date Page 3 of 4 EXHIBIT "A" The following are the naming guidelines that the CRM partnership has agreed to follow when creating accounts: General Rules No punctuation (periods or commas) No Numbers (Write them out in words) unless part of a trademarked name No "A" "An" or "The" in the first word of the name No word "And" — use "&" with no spaces for letters No Spaces are allowed between letters No spaces for all contacts starting with "Mc" or "Mac" Major contact designations are first, with locations second using a "hyphen" (-) in between Apostrophes (`) are used when part of the business name Exairtple I.B.M. = IBM 3M = 3M; 3 Bros., Inc. = Three Brothers Inc The Bayer Group = Bayer Group J & J = J&J; Black & Decker = Black & Decker A B & F Chemical Co = AB&F Chemical Co A W Smith Co = AW Smith Co Mac Donald = MacDonald Baltimore BB Chemical Co = BB Chemical Co — Baltimore Joe's Bakery, McDonald's Government Rules All US organizations are under the two initials plus department All colleges and universities are under their legal name Example NJ Motor Vehicles, MN Department of Finance Internal Revenue Service = US Internal Revenue Service General Dist Court City of Minneapolis = Minneapolis City of General Dist Court All US federal organizations are under "US" All city and county agencies are under the City, County name first North Carolina State University, College of William & Mary Attn breviations (no periods) Attention to Incorporated Co Corp DBA Doing Business As LLC LLP Limited Liability Corp Limited Liability Partnership Company Corporation Ltd Limited Div Dept Dist Gov Intl Division(al) Department District Government International st US FKA USA Saint United States Formerly Known As United States of America Page 4 of 4 City of App Valley Summary ITEM: ECONOMIC DEVELOPMENT MEETING DATE: SECTION: 6 MAY 8, 2014 Regular ITEM DESCRIPTION: Request for authorization to proceed with contract with Hoisington Koegler Group, Inc. (HKGi) to complete a Downtown "Business Ready" Development Ordinance and Design Guidelines STAFF CONTACT: Kathy Bodmer, Planner DEPARTMENT/DIVISION: Community Development Department Action Requested • Approve Scope of Service and Authorize the Executive Director to execute agreement with Hoisington Koegler Group, Inc. (HKGi) to complete Downtown "Business Ready" Development Ordinance and Design Guidelines Attached for the Apple Valley Economic Development Authority's consideration is a draft Scope of Service that would be used to direct the preparation of an ordinance and design guidelines to facilitate business development in downtown Apple Valley. Previous planning studies had focused on development of the 1/2-mile area surrounding the Red Line Transit Station areas. The draft Scope of Service has been revised to include the entire downtown and shifts the focus of the ordinance from transit oriented development (TOD) to a Downtown Development Ordinance (DDO). If the EDA finds the the draft Scope of Service acceptable, staff would finalize a contract with Hoisington Koegler Group, Inc. to be executed by the Executive Director, Tom Lawell. Background The recent completion of highway improvements to Cedar Avenue, along with the construction of the transit station at 147 Street, has resulted in interest in intensified development along the Cedar Avenue corridor. While market forces are expected to continue to drive infill projects similar to the Chick-fil-A and Panino Brothers, staff is concerned that the existing zoning code is dated and does not adequately reflect the City's current vision for development of the downtown. At its January 23, 2014, meeting, the Economic Development Authority approved receipt of a $15,000 Dakota County CDA Redevelopment Incentive Planning Grant along with a match of $15,000 to complete the preparation of the ordinance and design guidelines. At the January 23, 2014, meeting, the EDA expressed concern that the project was too narrowly focused on transit- oriented development. Based on this feedback, staff revised the Scope of Service to more broadly address development in the downtown. The $30,000 funding (CDA RIG grant plus EDA match) would be used to hire a consultant to help refine and then implement the draft regulatory measures and design guidelines that are needed for the downtown. The project would include the following tasks: • The regulatory work will be presented to stakeholders including property owners/business owners, Planning Commission, and City Council. An amendment is needed to both the Land Use Map and the text of the Comprehensive Plan to provide updated policies concerning development and redevelopment within the downtown. An overlay will allow for rezoning of properties as property owners are ready to reposition their properties. The overlay approach ensures that existing property uses do not become nonconforming by City action. • Design guidelines will include development standards for site development, buildings, transit stations, streets, parking, trails/sidewalks, open space/greenways/plazas, landscaping, signage and lighting with an emphasis on connections within the downtown in all districts where "super blocks" and expansive parking lots exist today. • Completion of the ordinance will regulate development and redevelopment in the downtown as interest grows for property owners to reposition their properties. Building height, building massing and dimensional standards need to be addressed. Budget Impact At its January 23, 2014, meeting, the Economic Development Authority approved receipt of a $15,000 Dakota County CDA Redevelopment Incentive Planning Grant which requires a match of $15,000 to complete the preparation of the ordinance and design guidelines. The $30,000 funding would be used to refine and then implement the draft regulatory measures and design guidelines that are needed for the downtown Attachment(s) • Draft Scope of Work for Downtown "Business Ready" Development Ordinance and Design Guidelines. Exhibit A Scope of Work - Downtown "Business Development O and Design Guidelines Task 1 Strengthen Understanding of Downtown Development Ordinance and Agree to Move Forward. In this task our core emphasis is on building consensus around the vision and embracing the noton of "Business Ready" Development within the Downtown. This task will focus on presenting information obtained from previous studies, refocusing the plan from transit oriented development to facilitating business development, understanding implications of integrating Business Ready Development concepts into the comprehensive plan, adopting and applying design guidelines and implementing zoning changes. 1.1 Prepare presentation materials and exhibits to facilitate workshops 1.2 Staff workshop 1.3 Agency workshop/coordination (Dakota County, Metro Council) 1.4 Planning Commission/Council/other advisory board workshop 1.5 Property owner/business owner/citizen workshop Desired Outcome: Agreement among majority ofstakeholders to proceed with comprehensive plan amendment, design guidelines and zoning amendment implementation. Schedule — 2 months to complete workshops (includes prep, notice and facilitation) Task 2 Prepare a Comprehensive Plan Amendment. This task will include supporting the City with the Business Ready Development comprehensive plan amendment and assisting the review and approval process. 2.1. Amend Comprehensive PIan document (map and text amendments) 2.2 Prepare Comprehensive Plan Submittal worksheet form (Metropolitan Council form) 2.3 Facilitate Planning Commission Public Hearing 2.4 Present to City Council for authorization to submit to Metropolitan Council 2.5 Submit amendment to Metropolitan Council City Council Meeting for final approval. Desired Outcome: Updated comprehensive plan, approvals from Metropolitan Council, and adoption by City Council. • Schedule — 4 months to complete (includes preparing document, notices and required review timeline) — task commences after task 1 is complete. Scope of Work — Downtown 'Business Ready" Development Ordinance — Exhibit A 5-2-14 Draft Task 3 Complete Design Guidelines. The Apple Valley Business Ready Development Plan provides a s of design guidelines that include general development standards for site development, buildings, transit stations, streets, parking, trails/sidewalks, open space/greenways/plazas, landscaping, signage and lighting. How these guidelines are implemented or used can vary. As part of this task, the idea of applying design guidelines to key nodes (quadrants or intersections) and key pedestrian/greenway corridors or spines leading to transit stations will be explored. Specific attention will be given to the following: • Connections — how will the overall area be connected? Pedestrian, bike, bus and vehicular connections will be further explored. • Building Height — what building height is appropriate for the area to help realize the goal of promoting business supportive future development? • Densitv/|ntensity — vvhatdensityisappnophateto help realize the goal of promoting business supportive future development? • Parking — how can total parking and specifically, surface parking be optimized or reduced, to allow for the creation of more land for business supportive uses? This task will further articulate and illustrate key design directions and will format them into a document that can be used by staff, elected and appointed officials, and the development community to shape future public and private investments in the station areas. The Design Guidelines will be integrated into City development processes so their application is clear. 3.1 Explore with staff various implementation strategies of the design guidelines 3.2 Prepare 3 or 4 site plan illustrations that demonstrate key design guidelines 3.3 Prepare 3 or 4 street level perspective illustrations that demonstrate key design guidelines 3.4 Integrate design guidelines into development approval process (entitlements/incentives) Desired Outcome: completed desion guidelines implementation guidelines implementation tool andflow chart/diagram illustrating how guidelines are to be used. • Schedule — 3 months to complete — task begins concurrent with task 1 Task 4 Establish a Downtown Development Zoning District. Alternative approaches to regulatory strategies in the downtown were explored in connection with the BRTOD Guide Plan. The Guide Plan includes in the appendix a model zoning district that could be applied as a downtown development overlay district. The districts can be applied to various geographic locations such as key nodes or corridors leading to transit stations. This task will include a careful review of the district provisions (land uses, density and FARs), further illustration and articulation of required performance standards and bulk regulations (i.e. height, lot cover, setbacks, building orientation, parking, etc.), and understanding of the impact that adopting the ordinance would have on existing uses. 4.1 Review district provisions (purpose, sub-districts, mix of uses, density/FARs) scopeqfWork — oowntown"Businessneour Development Ordinance — Exhibit A 5-2-14 Draft 4.2 Review and Ilustrate bulk standards 4.3 Evaluate application of zoning sub-districts to station areas including lot, structure and use conformities 4.4 Prepare refinements to zoning text and illustration and prepare map amendments 4.5 Conduct stakeholder open house to review amendments with property owners/business owners 4.6 Facilitate PC Public Hearing 4.7 Facilitate City Council approval Desired Outcome: completed and approved zoning district map and text amendments. • Schedule 5 months to complete (includes doc prep, meeting notice time and approval process) — task commences after task 1 is complete. smpenfWork — onwntown"Business Ready" Development Ordinance — Exhibit A 5-2-14 Draft 3| *�� Approve Scope of Services for Downtown Development Ordinance Apple Valley Economic Development Authority May 8, 2014 Requested Actions Approve Scope of Service and • Authorize staff to execute agreement with Hoisington Koegler Group, Inc. to complete Downtown “Business Ready” Development Ordinance and Design Guidelines. AIA –Sustainable Design Assessment Team (SDAT) 2011 AV one of six cities selected nationally. • 3-day visioning and charrette process • with national experts and City leaders Guiding principles for transformation • from suburb to compact village Land use concepts emphasizing • “villages,” integrated mix of uses in smaller block pattern Branding Apple Valley as a special place • through way finding, public art and public realm Recommendation: update the Code to • create a market responsive, walkable, mixed-use downtown served by transit BRTOD Guide Plan (2012) General guidance for development and redevelopment within the ½- mile station areas Land use concept plans and development pattern concepts created Draft Design Guidelines & Ordinance Next Step: complete the design guidelines and BRTOD ordinance. 4 METRO Red Line Market & Development Study (Nov 2013) Multi-City project to understand • Red Line (and BRT’s) role in driving development changes in suburban Dakota County Identify strategies to promote • transit-oriented development (TOD) at Red Line station areas Reviewed 6 Station Areas: • Bloomington -Mall of America • Eagan -Cedar Grove • Apple Valley -140St, 147St and thth • 155St (Apple Valley Transit th Station) Lakeville -181St (future) st • BRTOD Guide Plan & Red Line Study Discussed Revised Plans –Metro Red Line Study Revised to delete future land uses Revised Scope of Work Presentations to stakeholders including property owners/business owners, Planning Commission, and City Council. Amendments to both the Land Use Map and the text of the Comprehensive Plan : Update policies concerning development and redevelopment within the downtown. Provide for rezoning of properties as property owners are ready to reposition their properties. Ensure that existing property uses do not become nonconforming by City action. Design guidelines will provide development standards for site development, buildings, transit stations, streets, parking, trails/sidewalks, open space/greenways/plazas, landscaping, signage and lighting with an emphasis on connections within the downtown in all districts where “super blocks” and expansive parking lots exist today. Requested Action: Approve Scope of Service and • Authorize Executive Director to execute agreement with Hoisington Koegler Group, Inc. to complete Downtown “Business Ready” Development Ordinance and Design Guidelines. Questions? city of Apple II 'Valley ITEM DESCRIPTION: Request for staff authorization to negotiate amended tax increment finance (TIF) and development contracts with IMH for Parkside Village Development to allow two-phase development. STAFF CONTACT: Kathy Bodmer, Planner Action Requested • Authorize staff to negotiate amended terms with IMH Special Asset NT 175-AVN, LLC and Titan Development I, LLC, for Parkside Village Development to allow two-phase development. Summary IMH Special Asset NT 175-AVN, LLC and Titan Development I, LLC received approval on January 24, 2013 to construct the Parkside Village development on the northeast corner of Galaxie Avenue and 153 Street West. The project involves the construction of two apartment buildings with a total of 322 units. In connection with the development of the property, the property owner, IMH, LLC, requested tax increment financing (TIF) to offset acquisition costs including the installation of utilities and land improvements. The associated tax increment finance and development documents were executed with the expectation that the project would be constructed in a single phase. Development assistance will not be provided unless the property owners develop the project in accordance with the approved development agreements. The property owner and developer are requesting that the City amend the project approvals to allow the project to be constructed in two phases, with the 196-unit Gabella building north of Kelley Park to be constructed first and the 126-unit Galante building adjacent to Galaxie Avenue to be constructed in the future. EDA authorization is requested to ensure the EDA supports this change. Splitting the development into two construction phases would require amending several documents: 1. Development Assistance Agreement 2. Business Subsidy Agreement 3. Subdivision Development Agreement 4. Planned Development Agreement 5. Private Installation and Improvements Agreement 6. Drainage and Utility Easements Budget Impact If approved, the revised documents would redistribute the previously approved development assistance into two phases. Amended development assistance documents would be presented to the Economic Development Authority (EDA) for review and approval at a subsequent EDA meeting. A deposit agreement remains in force, requiring contributions from the developer to cover EDA administrative costs related to revisions to agreements and financial projections. Attachment(s) 000 0000 00000 0000 000 • Location Map • Building Elevations ITEM: ECONOMIC DEVELOPMENT MEETING DATE: SECTION: 7 MAY 8, 2014 Regular DEPARTMENT/DIVISION: Community Development Department KELLEY PARK PARKSIDE VILLAGE AREA MAP L I.I oh U'!L t, ova _ MOM �. k ;01,t _• MOOMMO bldg Parkside Village – Approve 2-Phase Project Apple Valley Economic Development Authority May 8, 2014 Requested Actions Authorize staff to negotiate terms • with IMH Special Asset NT 175- AVN, LLC and Titan Development I, LLC, for Parkside Village Development to allow two-phase development. Parkside Village Approved January 24, 2013 Parkside Village Revised Phasing Gabella Building Galante Building Gabella Site Plan Gabella Rendering Requested Action: Authorize staff to negotiate terms • with IMH Special Asset NT 175- AVN, LLC and Titan Development I, LLC, for Parkside Village Development to allow two-phase development. Questions?