4.1.
Economic Development Authority (EDA)
- Meeting Date:
- 03/07/2013
- Submitted For:
- Patrick Brama
- By:
- Patrick Brama, Administrative Services
Title:
UPDATES
Background:
Updates, Multiple:
- Annual EDA Business Expo
- 15153 Nowthen Boulevard
- 8020 147th Ave NW
- Annual Business Appreciation Golf Tournament
- Business Retention and Expansion Program
- Prospect Update
- 167th and 47
- Boards and Commissions Interviews
- Economic Development Manager Recruitment
Observations:
(1) Annual EDA Business Expo
Below is a status update on a number of items related to this event:
(2) 15153 Nowthen Boulevard, Old Municipal Center
The EDA and City Council have expressed interest in developing the old municipal center site, 15153 Nowthen Boulevard for a data center user(s). The City is partnering with Connexus Energy to pursue this development opportunity.
As part of this effort, Staff was directed to pursue a "Shovel Ready" development certification through the State of Minnesota. Additionally, both the EDA and the City Council have requested Staff develop a cost/benefit analysis on potential development scenarios.
In February, the EDA reviewed said cost/benefit analysis and directed Staff to move forward with positioning the old municipal center site for a data center development. The City Council reviewed said analysis on February 26; however, it was requested to bring the analysis back for further review due to a lack of time. The Council will review this case again on March 12.
Staff ordered an appraisal on the subject property, sent out a request for proposal (RFP) for a phase two environmental assessment and will begin the process of finding a zoning solution in late March.
NOTE: attached is the cost/benefit analysis and an updated fire station funding analysis.
(3) 8020 147th Ave NW, Nordvick Property
The City of Ramsey is in the process of improving the existing Highway 10/Armstrong Boulevard intersection to a highway overpass/interchange. Part of this process required the City to purchase privately owned land to dedicate for future right of way (ROW).
The EDA became involved in this process when they assisted the purchase of a property located at 8020 147th Ave NW ("Subject Property"). A small portion of the Subject Property will be dedicated for future ROW. The larger remaining portion was intended to be used for economic development purposes.
The property located at 8020 147th Ave NW contained two commercial buildings; along with various other site improvements. In order to prepare the site for future development, the EDA contracted with Sauter & Son's for the demolition of buildings and site cleanup of the Subject Property.
The EDA and City Council authored a partial payment to Sauter & Son’s in February (90%). Upon establishment of turf on the Subject Property, Staff will release final payment (10%, $2,350).
(4) Annual Business Appreciation Golf Tournament
Based on tradition, Tuesday, July 16 has been selected as the date for the 2013 Annual Business Expo. Staff will be working on the details of this event over the coming months.
(5) Business Retention & Expansion Program
The EDA and City Council Reviewed the 2012 Business Retention and Expansion (BR&E) Program report in February. Staff was directed to continue the BR&E program in 2013, to expand the scope of target businesses and to develop a branded letter to be sent to all businesses visited in 2012. Staff will begin the 2013 program in April.
(6) Prospect Update
Staff is working with five prospects considering expansion in the City of Ramsey. Said businesses shall remain anonymous until directed.
(7) 167th Avenue NW and State Trunk Highway 47 Node
A prospect gun range user is in negotiation with Community Pride Bank to purchase the old Super Value building. In order for a gun range user to occupy the former Super Value building, a zoning application would need to be approved. The City will standby until a zoning application is submitted by the property owner. Staff is unsure if or when said application may occur.
(8) Boards & Commissions Appointments
The City conducts annual boards and commission interviews every March for specific seats that are vacant; and for terms that are set to expire in March. 2013 interviews will take place on March 5. Two (2) EDA positions remain open. Upon appointment by the City Council, new EDA board members will begin in April.
(9) Economic Development Manager
The City posted a job opening for an Economic Development Manager in February. The application window is set to close on Wednesday, March 13. Interviews will be conducted in late March/early April. The new Staff person is set to begin by May 1. Attached is the Economic Development Manager job posting.
Below is a status update on a number of items related to this event:
• Venue: Fountains of Ramsey, Secured ($350)
• Event Flyer: Created, see attached
• Marketing:
• Event Flyer: Created, see attached
• Marketing:
o Mailers, 9,000qty, color half page ($2,300), 2-3 weeks before event
o Mobile Sign Boards, Five ($750)
o Ramsey Elementary, Color Full Page, 1,800qty, ($350)
o PACT Charter, Color Full Page, 1,800qty, ($350)
o Ramsey Resident, Facebook, Dynamic Display (free)
o Mobile Sign Boards, Five ($750)
o Ramsey Elementary, Color Full Page, 1,800qty, ($350)
o PACT Charter, Color Full Page, 1,800qty, ($350)
o Ramsey Resident, Facebook, Dynamic Display (free)
• Exhibitor Registration Form: Created, see attached
o Past participating exhibitors have been contacted
o Staff personally contacted 50 businesses
o About 25 exhibitors have registered
o About 25 exhibitors have registered
Budget for this event is $3,500. Considering items above, expenditures will be $4,100. Staff estimates revenues will be $1,350. The difference between estimated costs and revenues would be $2,750 ($3,500 budgeted). Therefore, the EDA would have an estimated $750 balance.
(2) 15153 Nowthen Boulevard, Old Municipal Center
The EDA and City Council have expressed interest in developing the old municipal center site, 15153 Nowthen Boulevard for a data center user(s). The City is partnering with Connexus Energy to pursue this development opportunity.
As part of this effort, Staff was directed to pursue a "Shovel Ready" development certification through the State of Minnesota. Additionally, both the EDA and the City Council have requested Staff develop a cost/benefit analysis on potential development scenarios.
In February, the EDA reviewed said cost/benefit analysis and directed Staff to move forward with positioning the old municipal center site for a data center development. The City Council reviewed said analysis on February 26; however, it was requested to bring the analysis back for further review due to a lack of time. The Council will review this case again on March 12.
Staff ordered an appraisal on the subject property, sent out a request for proposal (RFP) for a phase two environmental assessment and will begin the process of finding a zoning solution in late March.
NOTE: attached is the cost/benefit analysis and an updated fire station funding analysis.
(3) 8020 147th Ave NW, Nordvick Property
The City of Ramsey is in the process of improving the existing Highway 10/Armstrong Boulevard intersection to a highway overpass/interchange. Part of this process required the City to purchase privately owned land to dedicate for future right of way (ROW).
The EDA became involved in this process when they assisted the purchase of a property located at 8020 147th Ave NW ("Subject Property"). A small portion of the Subject Property will be dedicated for future ROW. The larger remaining portion was intended to be used for economic development purposes.
The property located at 8020 147th Ave NW contained two commercial buildings; along with various other site improvements. In order to prepare the site for future development, the EDA contracted with Sauter & Son's for the demolition of buildings and site cleanup of the Subject Property.
The EDA and City Council authored a partial payment to Sauter & Son’s in February (90%). Upon establishment of turf on the Subject Property, Staff will release final payment (10%, $2,350).
(4) Annual Business Appreciation Golf Tournament
Based on tradition, Tuesday, July 16 has been selected as the date for the 2013 Annual Business Expo. Staff will be working on the details of this event over the coming months.
(5) Business Retention & Expansion Program
The EDA and City Council Reviewed the 2012 Business Retention and Expansion (BR&E) Program report in February. Staff was directed to continue the BR&E program in 2013, to expand the scope of target businesses and to develop a branded letter to be sent to all businesses visited in 2012. Staff will begin the 2013 program in April.
(6) Prospect Update
Staff is working with five prospects considering expansion in the City of Ramsey. Said businesses shall remain anonymous until directed.
A. Staff is working with a prospect interested in purchasing a City owned property located at 14280 Azurite Street NW for an expansion in Ramsey. The City has received an offer and will be discussing on March 12, at the regular City Council meeting in closed session.
B. A large/significant Ramsey manufacturing has expressed interest in making a significant expansion in Ramsey. Since December, this prospect has shown no activity.
C. This prospect is interested in expanding a function of their businesses from 5,000 to 10,000 square feet. Their primary business is located in a facility they own, totaling 60,000 square feet. The proposed expansion would be located off site.
D. A medium sized Ramsey manufacturing company has expressed interest in expanding their existing 20,000 square foot facility by 10,000. This prospect had remained cold until recently. Updates to come.
E. A small sized, quickly growing, Ramsey manufacturer has expressed interest in an expansion to their existing 10,000 square foot facility. They intend to expand this summer; and will be looking for a long term home for their business in 2014.
B. A large/significant Ramsey manufacturing has expressed interest in making a significant expansion in Ramsey. Since December, this prospect has shown no activity.
C. This prospect is interested in expanding a function of their businesses from 5,000 to 10,000 square feet. Their primary business is located in a facility they own, totaling 60,000 square feet. The proposed expansion would be located off site.
D. A medium sized Ramsey manufacturing company has expressed interest in expanding their existing 20,000 square foot facility by 10,000. This prospect had remained cold until recently. Updates to come.
E. A small sized, quickly growing, Ramsey manufacturer has expressed interest in an expansion to their existing 10,000 square foot facility. They intend to expand this summer; and will be looking for a long term home for their business in 2014.
(7) 167th Avenue NW and State Trunk Highway 47 Node
A prospect gun range user is in negotiation with Community Pride Bank to purchase the old Super Value building. In order for a gun range user to occupy the former Super Value building, a zoning application would need to be approved. The City will standby until a zoning application is submitted by the property owner. Staff is unsure if or when said application may occur.
(8) Boards & Commissions Appointments
The City conducts annual boards and commission interviews every March for specific seats that are vacant; and for terms that are set to expire in March. 2013 interviews will take place on March 5. Two (2) EDA positions remain open. Upon appointment by the City Council, new EDA board members will begin in April.
(9) Economic Development Manager
The City posted a job opening for an Economic Development Manager in February. The application window is set to close on Wednesday, March 13. Interviews will be conducted in late March/early April. The new Staff person is set to begin by May 1. Attached is the Economic Development Manager job posting.
Funding Source:
NA
Staff Recommendation:
NA
Action:
NA
Attachments
- Business Expo Flyer
- Business Expo Reservation Form
- 15153 Nowthen Fire Station Funding (updated)
- 15153 Nowthen Cost Benefit
- 8020 147th Partial Payment
- Economic Development Manager Job Posting
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Kurt Ulrich | Kurt Ulrich | 03/04/2013 02:02 PM |
- Form Started By:
- Patrick Brama
- Started On:
- 03/04/2013 09:20 AM
- Final Approval Date:
- 03/04/2013