2023-05-10 CC Packet - Laserfiche WebLink

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ANOKA COUNTY Regional Economic Development Requirements: • Property must be located in Anoka County • No minimum site size. Sites that look to increase density through creation of new pad sites for development are also eligible (with or without a land division). • For high density residential sites, local zoning codes and Comprehensive Plan need to allow for a project minimum of 40 units. • Mixed use sites may have less than 40 units if there is a commercial space component available for lease or purchase. Horizontal and vertical mixed use are both eligible. • The subject property is current on all property tax and special assessment obligations. • Acknowledgement from local community development staff that: o The site is already zoned for development, or that a rezoning request to industrial, commercial or high -density residential would be compatible with local plans and generally viewed favorably. o Site is a high priority site to advance local economic development plans and community interests. • Predevelopment activities that are being funded by the grant must be completed in calendar year 2023. Process: - A completed application (attached) must be submitted by the property owner, or municipality with property owner's signed consent, to Anoka County Regional Economic Development. Applications should be emailed to Gregory.Frahm-Gilles@co.anoka.mn.us or mailed to: Anoka County Economic Development Attn: Gregory Frahm -Gilles 2100 3rd Avenue, Suite 700 Anoka, MN 55303 - Site applications will be reviewed and approved by a review committee. Review committee members include one representative from MetroNorth Chamber, one from Connexus Energy, and the Anoka County Director of Economic Development. - Projects will be funded until program funding is exhausted. o If there are more site applications than funds available, the review committee will independently prioritize applications for funding based on application scores. - The last project funded may receive an award amount of less than total eligible to be able to exhaust all remaining funds. - Eligible expenses must be incurred after the award date. Work completed prior to being approved for an award are not eligible for reimbursement. - Payments will be made either: o Directly to third -party contractors performing work for eligible sites o Reimbursement to property owner ONLY for work contracted and completed AFTER the award date. Contracts signed before the award date are not eligible for reimbursements. Page 2 of 7