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HomeMy WebLinkAbout2021-06-16 EDA Packet CITY OF CENTERVILLE ECONOMIC DEVELOPMENT AUTHORITY x MEETING AGENDA Wednesday, June 16, 2021 6:30 p.m. or shortly thereafter MEETING IS IN PERSON CITY HALL COUNCIL CHAMBERS LIVE-STREAMED AT: https://northmetrotv.com/centerville-stream/ MEETING I. CALL TO ORDER II. ROLL CALL III. APPROVAL OF AGENDA 1. Call for Changes to the Agenda IV. APPROVAL OF MINUTES 1. None V. BILLS AND COMMUNICATIONS 1. Bills a. Check List 2. Communications a. None VI. REPORTS 1. 2. Partner Agency Reports a. Anoka County Regional Economic Development (ACRED) b. Quad Area Chamber of Commerce c. Hugo Area Business Association 3. Year to Date Financials 4. Ongoing Programs: a. Blue Logo Sign b. CenterStage c. Business Revolving Loan and Grant Program d. COVID Relief Business Assistance Grant Programs VII. OLD BUSINESS 1. 2022 Draft Budget VIII. NEW BUSINESS 1. Business Appreciation Event IX. ADJOURNMENT INFORMATIONAL MATERIALS None MEETING REMINDERS All Meetings via Zoom Videoconferencing at 6:30 PM unless otherwise noted Parks and Recreation Committ Anoka County Regional Economic Development Authority Meetings MN Real Estate Journal o North Metro Real Estate o MN Tech Corridor Stake Anoka County Business Su Quad Area Chamber of Commerce Meetings 06/09/21 2:02 PM CITY OF CENTERVILLE Page 1 Check Detail - June 16, 2021 Check DateCheck #Vender NameCommentsAmount 16/16/2021001004 MAIN STREET DESIGNSBANNERS FOR LIGHT POLES ON MAIN STREET$4,574.00 Check Nbr 001004 MAIN STREET DESIGNS$4,574.00 $4,574.00 06/09/21 2:08 PM CITY OF CENTERVILLE Page 1 Exp/Rev Accounts - EDA 202120212021 %MTD Account DescrBalanceYTD Budgetof Budget5 CurYr Account Descr R R 201-46500-36200 Miscellaneous Revenues$0.00$0.000.00%$0.00 R 201-46500-36210 Interest Earnings$0.00$0.000.00%$0.00 R 201-46500-39201 Transfer from General Fund-$29,200.00$0.000.00%$0.00 R 201-49200-36210 Interest Earnings-$8.24$0.000.00%$0.00 R 201-46500-33600 County Grants$0.00$0.000.00%$0.00 Account Descr R-$29,208.24$0.00$0.00 Account Descr E E 201-46500-303 Engineering Fees$0.00$0.000.00%$0.00 E 201-42000-300 Professional Srvs$0.00$0.000.00%$0.00 E 201-46500-100 Wages and Salaries (GENERAL)-$550.00$0.000.00%$0.00 E 201-46500-122 FICA-$42.08$0.000.00%$0.00 E 201-46500-210 Operating Supplies-$26.55$0.000.00%$0.00 E 201-46500-300 Professional Srvs-$227.00$0.000.00%$0.00 E 201-46500-810 Refunds & Reimb.$0.00$0.000.00%$0.00 E 201-46500-304 Legal Fees$0.00$0.000.00%$0.00 E 201-46500-322 Postage$0.00$0.000.00%$0.00 E 201-46500-331 Travel Expenses$0.00$0.000.00%$0.00 E 201-46500-425 Bank Service Charges$0.00$0.000.00%$0.00 E 201-46500-430 Miscellaneous-$4,574.00$0.000.00%$0.00 E 201-46500-433 Dues and Subscriptions$0.00$0.000.00%$0.00 E 201-46500-438 Meeting Per Diem$0.00$0.000.00%$0.00 E 201-46500-439 Clothing Allowance$0.00$0.000.00%$0.00 E 201-46500-441 Conf. & Schooling$0.00$0.000.00%$0.00 E 201-46500-234 EMERGENCY SERVICES - COVID$0.00$0.000.00%$0.00 Account Descr E-$5,419.63$0.00$0.00 -$34,627.87$0.00$0.00 06/09/21 2:16 PM CITY OF CENTERVILLE Page 1 *Check Reconciliation© EDA-MIDWESTONE BANK 10350 EDA MAY 2021 Account Summary Beginning Balance on5/1/2021$40,252.56 Cleared$40,168.41 + Receipts/Deposits $0.00 Statement $40,168.41 - Payments (Checks and Withdrawals)$84.15 Difference$0.00 $40,168.41 Ending Balance as of 5/28/2021 Cash Balance Beginng Balance Active201-10350 ECONOMIC DEVELOPMENT FUND$40,168.41$40,252.56 + Total Deposits $0.00 Cash Balance$40,168.41 - Checks Written$84.15 Check Book Balance$40,168.41 Difference $0.00 06/09/21 2:16 PM CITY OF CENTERVILLE Page 2 *Check Reconciliation© EDA-MIDWESTONE BANK 10350 EDA Check Nbr OutstandingCleared Vendor Name Check Date 001003 CITY OF CENTERVILLE5/19/2021$84.15 Receipts/Deposits $0.00 Total Deposits$0.00 $84.15 Payments/Withdrawals Outstanding + Cleared Checks = Total Checks Written $84.15 *NM Next Month items not included in Total Checks Written and Total Deposits 2022 g until discussiondiscussionr entrance cost? yeayear in mtg.mtg. ofof future renewal a EDAEDA endend no Streetscapin t for FebFeb Even onon Road participation away throughthrough this issue basedbased on participants; this money Business continuecontinue on etc. more put $3,000$3,000 we2we toto we Discussion Street/Centervillepens, Report CommentspaidBeginMovedMovedInstalledMainHats,Shouldmonument?AssumesAssumesAssumesNew 12.3073.00 750.00426.00150.00 $12,814 4,050.00 1,461.30 (2,000.00)(2,000.00) 14,275.33 (Deficit) Surplus $$$$$$$$ $$$$ Anticipated 800.00700.00750.00500.00 1,950.001,000.001,000.005,000.00 17,500.00 29,200.00 Amount $$$$$$$$$$$ 137.70500.00227.00700.00300.00500.00150.00200.00 1,800.003,000.003,000.004,574.003,000.003,750.006,200.00 28,038.70 ExpendituresBudget Budget 5/13/2021 $$$$$$$$$$$$$$$$$$$ Anticipated Proposed Tracking 9/16/2020 EDA @ ea.) truck 2021 Updated weeks @$50ea) Study 52 bucket weeks $2500=$1875 Center 2020 offer 30 of 1 IN x DataBorrowed for wk (75% PAID x w/2 (2x install. ad Corridor to Consulting Tech B&W cost yearparticipants MNparticipation4x6$155/wk. Savings MembershipEvents Program Attendance Items MarketersCenterStageMarketersMisc. Ad ItemsItemsItemsItemsItemsItems Program2 Monument Coaching Cash Cutting/Ground EventMembership HouseChamberChamber ExpenseExpense StreetStreet Sign ItemDescription diems1 PerFICAACREDACREDAdditionalOpenRibbonBreakingMisc.AdditionalMisc.AdditionalXcipioAdditionalNoneBannersNoPromotionalEntranceAccount?AdditionalMainMainBlueNewspaperCougarBusinessAdditinoalQuadQuad etc.) surveys, elements, Partnership sketches sites) studies, streetscaping Development (Advertisements) owned (site signs,Funds city Land 2020 Programs Economic Studies study; from advisory) owned (banners, Support Unallocated House Regional Over City (retail for (general Open Carry Study ItemLine Purchases County Business Expenses Fees Available Diems BudgetPerAnokaBusinessMarketingEngineering/Planningetc.)MarketLegalCapitalDirectMisc.TotalsBalanceTotal CITY OF CENTERVILLE REQUEST FOR ACTION Agenda Item # Department: RequestedMeetingDate: June 16, 2021 EDA VI.2 TITLE OF ISSUE: Partner Agency Report BACKGROUND AND SUPPLEMENTAL INFORMATION: ACRED - The larger group of stakeholders recently met (virtually) and reviewed development and growth in the region. There is substantial investment going on in almost all sectors right now. The group also discussed the group's plans for the remainder of the year and began to strategize for 2022. Quad Area Chamber - The chamber has seen an uptick in new memberships and recently held a strategic planning meeting to renew the group's mission statement. Business expos are being planned as part of the various city festivals. Hugo Area Business Association - Centerville's own Chef Hot Hands catered the HBA's monthly meeting and had a chance to introduce himself to the group. Hugo Good Neighbor Days is going on now. COST AND SOURCE(S) OF FUNDING: N/A REQUESTED ACTION: Update only. No formal action required. SUPPORTED DOCUMENTS ATTACHED Motion By: ____________________________________ Resolution Ordinance Contract Minutes Plan Map Second By: ____________________________________ Vote Record: AyeNay ____ Other (specify) ____________ _____ _______________________________________________________________ _____ _____ _______________________________________________________________ _____ Refer to: _________________________________ Tabled Until: ______________________________ Consent Other: ___________________________________ Regular CITY OF CENTERVILLE REQUEST FOR ACTION Agenda Item # Department: RequestedMeetingDate: June 16, 2021 EDA VI.4 TITLE OF ISSUE: Ongoing Programs BACKGROUND AND SUPPLEMENTAL INFORMATION: Blue Logo Sign - No new updates CenterStage - Report to be given at meeting Revolving Loan and Grant Program - JETS Machine Shop grant application is in process at the county. No additional applications have been received. Administrator Statz did speak with one business owner about the program. American Rescue Plan - City staff have been attending informational seminars on eligible expenses and other logistical requirements. Staff has also taken several steps to ensure we are poised to receive the funding. We are now estimated to receive $420,000 COST AND SOURCE(S) OF FUNDING: N/A REQUESTED ACTION: Update only. No formal action required. SUPPORTED DOCUMENTS ATTACHED Motion By: ____________________________________ Resolution Ordinance Contract Minutes Plan Map Second By: ____________________________________ Vote Record: AyeNay ____ Other (specify) ____________ _____ _______________________________________________________________ _____ _____ _______________________________________________________________ _____ Refer to: _________________________________ Tabled Until: ______________________________ Consent Other: ___________________________________ Regular CITY OF CENTERVILLE REQUEST FOR ACTION Agenda Item # Department: RequestedMeetingDate: June 16, 2021 EDA VII.1 TITLE OF ISSUE: Draft 2022 Budget BACKGROUND AND SUPPLEMENTAL INFORMATION: A draft 2022 budget is attached for discussion. COST AND SOURCE(S) OF FUNDING: TBD REQUESTED ACTION: Direction to staff for proposed budget. SUPPORTED DOCUMENTS ATTACHED Motion By: ____________________________________ Resolution Ordinance Contract Minutes Plan Map Second By: ____________________________________ Vote Record: AyeNay ____ Draft Budget Other (specify) ____________ _____ _______________________________________________________________ _____ _____ _______________________________________________________________ _____ Refer to: _________________________________ Tabled Until: ______________________________ Consent Other: ___________________________________ Regular up. Hall go City to entrance cost? likely is in 2022 future in a Price Streetscaping, for Road 2022?2022? participation away renewals forfor 3 program and money Banners Business this etc. ProgramProgram new put 1 ofof into decorations we Street/Centervillepens, Estimated CommentsEstimatedReplacementMainHolidayHats,Shouldmonument?ViabilityAssumesViabilityLooking 12.3050.00 500.00100.00 662.30 $30,000 30,662.30 (Deficit) Surplus $$$$$$$$ $$$$ Anticipated 800.00350.00 1,950.001,000.001,000.003,000.003,000.003,000.00 18,000.00 32,100.00 Amount $$$$$$$$$$$ 137.70500.00250.00700.00300.00500.00500.00500.00150.00200.00 1,800.001,000.003,000.003,000.001,500.005,200.005,000.006,200.001,000.00 31,437.70 ExpendituresBudget Budget $$$$$$$$$$$$$$$$$$$$$$$ Anticipated 5/17/2022 Proposed EDA @ Updated 2022 weeks @$50ea) 52 participation weeks offer 52 1 x @75% for wk w/2 (2x ad Program Consulting Sign B&W year 4x6$155/wk. Savings MembershipEvents Program Attendance Items MarketersCenterStageMarketersMisc. Ad ItemsItemsItemsItemsItemsItems ProgramBlue Monument Coaching Cash Cutting/Ground EventMembership HouseChamberChamber ExpenseExpenseExpense StreetStreet Sign ItemDescription diems1 PerFICAACREDACREDAdditionalOpenRibbonBreakingMisc.AdditionalMisc.AdditionalMisc.AdditionalNoneBannersLightsPromotionalEntranceAccount?AdditionalMainMainBlueNewspaperCougarBusinessAdditinoalQuadQuad etc.) surveys, elements, Partnership sketches sites) studies, streetscaping Development (Advertisements) owned (site signs,Funds city Land 2021 Programs Economic Studies study; from advisory) owned (banners, Support Unallocated House Regional Over City (retail for (general Open Carry Study ItemLine Purchases County Business Expenses Fees Available Diems BudgetPerAnokaBusinessMarketingEngineering/Planningetc.)MarketLegalCapitalDirectMisc.TotalsBalanceTotal CITY OF CENTERVILLE REQUEST FOR ACTION Agenda Item # Department: RequestedMeetingDate: June 16, 2021 EDA VIII.1 TITLE OF ISSUE: Business Appreciation Event BACKGROUND AND SUPPLEMENTAL INFORMATION: For many years, while the city had an Economic Development Commission, a Business Appreciation event was held. In some years it was a luncheon, other times it was a dinner or cook-out. In 2019, the EDA held a catered event in an effort to roll out our new Revolving Loan and Grant Program. We intended to hold the event again in 2020, but it was canceled due to the pandemic. Staff is looking for direction on what a 2021 event might look like (what, where & when) and how we could maximize attendance. COST AND SOURCE(S) OF FUNDING: $700 is budgeted for this event. REQUESTED ACTION: Provide Direction to city staff on event logistics. SUPPORTED DOCUMENTS ATTACHED Motion By: ____________________________________ Resolution Ordinance Contract Minutes Plan Map Second By: ____________________________________ Vote Record: AyeNay ____ Other (specify) ____________ _____ _______________________________________________________________ _____ _____ _______________________________________________________________ _____ Refer to: _________________________________ Tabled Until: ______________________________ Consent Other: ___________________________________ Regular