Economic Development Authority

AGENDA ECONOMIC DEVELOPMENT AUTHORITY SEPTEMBER 7, 2021 1. CALL TO ORDER 2. CONSENT ITEMS A. Minutes= June 7, 2021 Motion byseconded by to approve, table or deny the Consent Items as presented. 3. REGULAR ITEMS A. Adopt Proposed EDA/HRA Tax Levy= EDA Resolution No. 30 Motion byseconded by[O approve, postpone, table or deny adopting EDA Resolution No. 30 setting a proposed tax levy for 2022. 4. ADJOURNMENT Motion by Seconded by .[O adjourn. Meeting adjourned at _  EDA2A AGENDA ITEM Maple Grove Economic Development Authority DRAFT Meeting Minutes June 7, 2021 DRAFT (Delete this when final edits are complete) Call to Order Pursuant to call and notice thereof, an Economic Development Authority Meeting of the Maple Grove City Council was held at 7:30 p.m. on June 7, 2021 at the Maple Grove Government Center/Public Safety Facility, Hennepin County, Minnesota. Members present were President Mark Steffenson, Vice President Karen Jaeger, Secretary Heidi Nelson, Treasurer Judy Hanson and Commissioners Phil Leith and Kristy Barnett. Absent was none. Present also were Joe Hogeboom, Community and Economic Development Director; Brett Angell, Economic Development Manager; Ken Ashfeld, Director of Public Works/City Engineer; and Justin Templin, City Attorney. President Steffenson called the meeting to order at 8:31 p.m. Approval of Motion by Commissioner Barnett, seconded by Vice April 5, 2021 President Jaeger, to approve the April 5, 2021 Economic Development Authority meeting minutes. Upon call of the Minutes motion by President Steffenson, there were five ayes and no nays. Motion carried. 7:30 PM Economic Development Manager Angell requested the EDA Public consider authorizing a TIF Development Agreement for the Arbor Lakes Business Park Phase II for the Gravel Mining Area. Hearing He discussed the 220,000 square foot business park development that was being proposed at the corner of southeast Arbor Lakes comer of Elm Creek Boulevard and Zachary Lane. The Business Park developer, Endeavor, has requested TIF financing to aid in the II Gravel cost of the development and since the project was located within Mining area the GMA TIF District, this project could be added. It was noted TIF the GMA TIF District was created in 2018. Staff commented further on the proposed project and explained staff and Ehlers DRAFT Maple Grove EDA Minutes June 7, 2021 Page 2 Development were recommending a TIF amount of $1.1 million to make the Agreement project financially feasible. Vice President Jaeger discussed the job and wage goals. She EDA questioned what would happen if these goals were not met by Resolution No. the developer. Economic Development Manager Angell 29 reported if the job goals were not met the city would use a pro- rated formula to retain a portion of the TIF. Vice President Jaeger asked how many TIF districts the city had in place at this time. Economic Development Manager Angell explained the city has four active districts. Commissioner Leith inquired if this agreement was similar to the one used for Phase I of this business park. Economic Development Manager Angell reported this was the case. Treasurer Hanson questioned if there have been any soil borings or assessments on what the soil corrections expense could be for this site. Economic Development Manager Angell stated soil borings have been completed on the site. He commented anything over an above the $900,000 estimate would be the responsibility of the developer. Josh Budish, Principal of Endeavor Development, thanked staff for the thorough staff report and explained he was present to take comments or questions from the EDA. Motion by Vice President Jaeger, seconded by Commissioner Barnett, to open the public hearing for comment on the TIF request. Upon call of the motion by President Steffenson, there were five ayes and no nays. Motion carried. President Steffenson opened the public hearing at 8:52 p.m. and asked if anyone would like to address this issue. No public testimony was offered. Motion by Vice President Jaeger, seconded by Commissioner Barnett, to close the public hearing at 8:52 p.m. Upon call of the motion by President Steffenson, there were five ayes and no nays. Motion carried. Motion by Commissioner Leith, seconded by Treasurer DRAFT Maple Grove EDA Minutes June 7, 2021 Page 3 Hanson, to approve adopting EDA Resolution No. 29 concurring in the approval of, and authorization to execute, a tax increment financing development agreement for Arbor Lakes Business Park Phase II. Upon call of the motion by President Steffenson, there were five ayes and no nays. Motion carried. Adjournment Motion by Vice President Jaeger, seconded by Commissioner Barnett, to adjourn to the City Council meeting. Upon call of the motion by President Steffenson, there were five ayes and no nays. Motion carried. The meeting was adjourned at 8:54 p.m. by President Steffenson. Respectfully submitted, Heidi Nelson EDA Secretary  REQUEST FOR EDA ACTION September 7, 2021 EDA 3A DATE AGENDA ITEM CITY ADMINISTRATOR ORIGINATING DEPT AGENDA ITEM APPROVAL Finance Adopt Proposed EDA/HRA []{ ] Greg Sticha Tax Levy - EDA Resolution No. 30 '11] ~ PREVIOUS ACTIONS: The HRA has adopted a tax levy of $150,000 since 1999. City Council, at their, May 1, 2017 meeting, adopted Resolution No. 17-057 Enabling the Creation of an Economic Development Authority in the City of Maple Grove. RECOMMENDED EDA ACTION: Motion to adopt EDA Resolution No. 30 setting a proposed tax levy for 2022. COMMENTS: The enabling resolution for the EDA adopted the powers of an HRA. An HRA has the ability under M.S.A. 469.033, subd. 6 to levy a tax to be collected from all property within the City. The proposed 2022 levy of $150,000 will be used for administrative costs and various funding commitments for housing programs. The EDA will also be using income from the existing scattered site housing units to supplement the tax levy. ATTACHMENT Attachment A: Resolution No. 30  \ Attachment A I A RESOLUTION SETTING A PROPOSED TAX LEVY FOR 2022 EDA RESOLUTION NO. 30 WHEREAS, the Maple Grove Economic Development Authority enabling resolution adopt all the powers of a Housing and Redevelopment Authority and; WHEREAS, the Maple Grove Economic Development Authority has the authority under M.S.A. 469.033 subd. 6 to levy a tax to be used for housing related activities and; WHEREAS, it is the Maple Grove Economic Development Authority's intent to levy the total sum in 2022 of $150,000 as taxes against property in the City of Maple Grove. NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSIONERS OF THE ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF MAPLE GROVE, MINNESOTA, AS FOLLOWS: 1. That a proposed tax levy for 2022 in the sum of $150,000 is herein ordered levied against the properties in the City of Maple Grove for HRA expenditures. The motion for the adoption of the foregoing resolution was made by Commissioner seconded by Commissioner, and upon a vote being duly taken thereon, the following voted in favor thereof: and the following voted against the same: and the following were absent: WHEREUPON, said Resolution was declared duly passed and adopted the 7 day of September, 2021. STATE OF MINNESOTA ) COUNTY OF HENNEPIN ) SS. CITY OF MAPLE GROVE) I, the undersigned, being the appointed Secretary of the Economic Development Authority of Maple Grove, Minnesota, hereby certify that the above and foregoing EDA Resolution No. 30 is a true and correct copy of the Resolution as adopted by the Economic Development Authority of Maple Grove, Minnesota, on the 7day of September, 2021. Executive Director Economic Development Authority of Maple Grove, Minnesota