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5.0. 6.0. 7.0. 8.0. HRSR 03-26-2001 ELK RIVER HOUSING AND REDEVELOPMENT AUTHORITY • MEMORANDUM TO: Housing & Redevelopment Authority FROM: Catherine Mehelich, Director of Economic Developmen (% DATE: March 26, 2001 SUBJECT: Agenda Memo for the March 26, 2001, HRA Meeting 5. Downtown Sidewalk Project Update The City Council at its March 19`h meeting approved all three resolutions authorizing the downtown sidewalk project and assessment. Attached is the project information from Engineer,Terry Maurer that was presented to the Council,including meeting minutes from the Informational Hearing. The project has been authorized for early construction to begin late April and completed prior to Art Soup in June. Bids will be reviewed by the City Council at their April 16th meeting. If the bids are positive,the HRA may consider aesthetic • additions to the project. Phil Hals,Public Works has noted that several trees in need of replacement due to overgrowth or disease. The River's Edge Downtown group and the Operation ER Downtown Beautification committee would like to see flowerpots added in the downtown. The Master Gardeners Club has indicated strong interest in participating in such a project. Staff has suggested that flowerpots could be considered to replace the removed trees. If any trees are going to be removed,replaced with another tree, or substituted with flower pots, the activity should occur at the same time as the sidewalk project rather than risking damage or replacement of the sidewalk at a later time. In addition, Phil has noted that since the 1988 project, a number of the trash receptacles are in need of replacement due to damage or theft. Staff is drafting a coordinated pattern layout for the location of trees, lights and flowerpots that the HRA may consider at the regular April meeting. Both Phil and Terry will be present at the April HRA meeting for further discussion on this issue. 6. Downtown Redevelopment Plan Update An inventory of properties in the redevelopment plan area is nearly complete. The inventory includes: ■ Property ownership/tenant information • ■ Existing Land Uses • General Building Conditions (Structural/Maintenance/Historical) P.O. Box 490 • 13065 Orono Parkway • Elk River, MN 55330-1743 • (612) 441-7420 • Fax: (612) 441-7425 Equal Opportunity Housing and Equal Opportunity Employment HRA Agenda Memo March 26,2001 Meeting Page 2 In the next month staff will be analyzing the inventory data to identify specific areas that the HRA may consider prime for redevelopment activity. Also in April, Maxfield Research,Inc.will be prepared to present the results of the market analysis. In May the recommended activity areas will be presented for discussion at a joint work session of the Planning Commission, HRA and River's Edge Downtown group. The work session should result in a consensus for specific redevelopment opportunities and priorities. Following the work session staff will draft an implementation plan based on the identified priorities. Staff has received preliminary interest for specific redevelopment projects within the downtown area. At this time,the property owner/developers are awaiting further direction to be provided by the Downtown Redevelopment Plan. 7. Economic Development Strategic Plan - Update The City adopted its Economic Development Strategic Plan in May 1997. The Plan was then revised in November 1999 for another three-year cycle commencing 2000. It is appropriate to briefly revisit the Economic Development Strategic Plan on an annual basis for the following purposes: • • Affirm the major issues and goals • Review accomplished activities • Review remaining activities The attached revised Economic Development Strategic Plan includes four major issues and goals: • Industrial Base Attract new businesses to increase the City's industrial base • Business Retention and Growth Retain and grow the City's existing business/industry • Marketing Strategy Create an industrial marketing strategy to develop the City's business parks • Develop/Redevelop East Hwy 10 &the Central Business District Undertake activities to facilitate development/redevelopment on East Highway 10 and in the Central Business District The City,EDA and HRA have accomplished many of the Plan activities within the last year. Namely the following items: • Development of Tony Emmerich property (SoftPac Industries, Inc.) • HRA Agenda Memo March 26,2001 Meeting Page 3 . • • Development of Strategic Industrial Marketing Plan Construction of Business Center Drive • Development of King&Main site • Modification of TIF Policy and adoption of Tax Rebate Financing Policy While it is important that the City,HRA,and EDA work together to accomplish the established common goals, the HRA's primary role has been to facilitate redevelopment activities on East Highway 10 and in the Central Business District. Completion of the Downtown Redevelopment Plan in 2001 will provide direction for accomplishing many of the identified CBD activities. In addition,the Plan includes goals for similar redevelopment planning efforts on East Highway 10, including: • Develop criteria for designating redevelopment areas • Develop database of East Hwy 10 properties • Consider locating additional sites for Elk River monument/entry signage. • Examine use of Redevelopment Financing Program along East Hwy 10 Revisions and additions to the Plan will be completed during a similar process in Fall 2002 for years 2003-2005. S 8. Other Business/Information Only Sherburne County has recently approved up to$1,317,928 in MN Housing Finance Agency (MHFA) mortgage revenue bonds be designated for Sherburne County recipients through the MN City Participation Program. The proceeds will provide below-market interest rate home mortgages for low-and moderate-income families. The loans are originated and administered through local lenders approved by MHFA. • Item # 4_6 Howarc R. Green Company March 13, 2001 File: 812420J-0030, 0564 Honorable Mayor and City Council City of Elk River 13065 Orono Parkway P.O. Box 490 Elk River, MN 55330-0490 RE: DOWNTOWN SIDEWALK REPLACEMENT PROJECT Dear Council Members: As you are aware, the public hearing and assessment hearing for the Downtown Sidewalk Replacement project are both scheduled for Monday evening, March 19. Attached for your review is another copy of the brief feasibility study that was prepared for this project. I will be prepared at the public/assessment hearing to make a brief presentation on the project and then answer any questions the City Council or public may have. In order to preserve their right to appeal the assessment, the property owner must submit a written objection to the Mayor or City Administrator at or before the assessment hearing. Simply voicing any objection at the assessment hearing 4 does not constitute an objection. As you are aware, staff held an informational meeting to discuss this project on Thursday, March 1, 2001. At that meeting, both business owners and property owners were invited. There was a very small turnout for the hearing, and very little discussion was sparked by staff's presentation. Attached for your review are a sign-up sheet and minutes of that informational meeting. Those in attendance did voice a preference for an early construction schedule prior to the Art Soup celebration. At the close of the public hearing and assessment hearing, the Council has three resolutions for their consideration. Copies of all three are attached. The first resolution orders the improvement and the preparation of plans and specifications. The second resolution approves the plans and specifications and orders the advertisement for bids. According to our schedule, bids will be opened on Thursday, April 12, and be available for the City Council's consideration on Monday, April 16. The final resolution for the Council to consider is a resolution adopting the final assessment roll. If there is anything specific you would like me to present Monday evening, or any questions you have prior to the meeting, please call. Sincerely, Howard R. Green Company 91efa(M,e,t) Terry J.• rer, P.E. TJM:tw Encs. O:\PROJ\812420j\0030\Ltr 03-13-01 Council.doc 1326 Energy Park Drive • St. Paul, MN 55108 • 651/644-4389 fax 651/644-9446 toll free 888/368-4389 • Project No. 812420J-0325 • i FEASIBILITY STUDY FOR THE DOWNTOWN SIDEWALK REPLACEMENT PROJECT CITY OF ELK RIVER, MINNESOTA 812420J FEASIBILITY y Howard R. Green Compar Feasibility Study Project No. 812420J City of Elk River 4 FEASIBILITY STUDY DOWNTOWN SIDEWALK REPLACEMENT PROJECT ELK RIVER, MINNESOTA FEBRUARY 2001 I hereby certify that this Plan, Specification, or Report was prepared by me or under my direct supervision and that I am a duly licensed Professional Engineer under the laws of the State of Minnesota. a� 2/2e/0/ Terry J. Maurer, P. . Date Reg. No. 15316 • Prepared by: ' 1 zlzz`0/ Kristina Thompson, E.I.T. Date • 812420J FEASIBILITY Howard R. Green Compan. Feasibility Study Project No. 812420J City of Elk River 1. INTRODUCTION This feasibility study is authorized by the City Council with the adoption of Resolution 01- 06, passed on February 12, 2001. The scope of the feasibility is to consider the replacement of the downtown "red" sidewalks with concrete pavers. This report will briefly discuss the proposed improvements, estimated cost, provide a method of assessing a portion of the project, and provide a schedule for completion of the project. Resolution 01-06 authorizing this feasibility study was adopted by the City Council based on a recommendation from the City's Housing and Redevelopment Authority (HRA). 2. PROPOSED IMPROVEMENTS The replacement of the downtown existing "red" sidewalk has been-discussed for several years. Two things have occurred which make it appropriate to consider the initiation of this project in the summer of 2001. First is the redevelopment of the northwest corner of Main Street and King Avenue. The second item is the desire by the Elk River Municipal Utilities to bury conduits and electric wires in the downtown area. At several meetings, the City Council and/or HRA have discussed various options for the replacement of the downtown sidewalks. It was concluded that all of the "red" sidewalks should be replaced with a similar concrete paver style as chosen by the development at Main Street and King Avenue. That development will be replacing the sidewalks on both sides of the new building with a concrete paver that is of a cobblestone style in a random pattern with three different size blocks, those sizes being 3" x 6", 6" x 6", and 6" x 9". The color chosen by the development is Autumn Blend. Exhibit 1 shows what the random pattern style will look like using the intersection of Main Street and Jackson Avenue as an example. In addition to replacing the "red" sidewalks in the downtown areas, it is also proposed to replace sections of concrete curb and gutter which have been damaged over the years, replace sections of flat gray sidewalk on King Avenue which have deteriorated over time and, finally, to connect the two concrete islands at the intersection of Main Street and Jackson Avenue with the curb line to eliminate any cut-through vehicle traffic. The project would also remove and replace all of the pedestrian ramps in the downtown area. 3. PROJECT COSTS This section provides the estimated project costs for the proposed improvements. Overhead, which includes City administration, engineering, legal, fiscal, and assessment roll preparation, is typically estimated at 28% of the construction cost. For the purposes of this project, that overhead rate has been estimated to be 10%, given the relatively simple process this project will go through. The estimated project costs are as follows: Estimated Construction Cost $263,700 Estimated Overhead (10%) 26,400 Estimated Total Project Cost $290,100 812420J FEASIBILITY Howard R. Green Compan; Feasibility Study Project No. 812420J City of Elk River 4. FINANCING The project is proposed to have a small percentage assessed to the abutting property owners with the remainder funded by the HRA. Various options have been reviewed by the HRA and City Council for the assessment of this project. The chosen alternative is to assess $1,500 per unit, with a unit being determined to be any parcel of property which has a separate tax identification number. A review of the County records indicates that there are 39 parcels in the project area with individual tax identification numbers. Using $1,500 per unit, this means that the total assessment would be $58,500. The method of spreading this assessment was chosen as 50% per unit and 50% by front footage. It was determined that there is a total assessable front footage of approximately 2,500 front feet. Therefore, the assessment rates are $750 per unit and $11.64 per front foot. Applying these rates to each parcel results in the preliminary assessment role shown on Exhibit 2. The remaining project costs will be funded by the HRA with a small portion of the cost being paid for by the Elk River Municipal Utilities, equivalent to the cost of removing the existing sidewalk on the north side of Main Street: 5. PROJECT SCHEDULE The schedule for the Downtown Sidewalk Replacement project, as provided in Table 1 below, is based upon guidelines established in Minnesota State Statues Chapter 429, Local Improvements, Special Assessments. Dates for construction may be revised after • the informational hearing. Table 1. PROJECT SCHEDULE • City Council orders Feasibility Study February 12, 2001 • City Council receives feasibility study and orders public February 26, 2001 hearing. • City Council orders preparation of assessment roll and February 26, 2001 assessment hearing • Informational Hearing March 1,2001 • Public Hearing and Assessment Hearing March 19, 2001 • Order Improvement March 19, 2001 Approval of Plans/Authorization to Bid • Open Bids April 12, 2001 • City Council awards contract April 16, 2001 • Begin construction on sidewalk replacement and ERMU April 23, 2001 underground electric work • Complete construction Mid June, 2001 • First payment due with real estate taxes May 2002 812420J FEASIBILITY Howard R. Green Compan; Feasibility Study Project No. 812420J City of Elk River 6. NEED AND COST-EFFECTIVENESS The sidewalk in the downtown area is showing signs of deterioration and is in need of replacement. The Elk River Municipal Utilities has plans to place its electric facilities underground in the downtown area in 2001, which will require replacement of approximately half of the sidewalk. The project is necessary to provide a quality means for pedestrian movement throughout the downtown business district. This project consists of approximately 30,000 square feet of sidewalk to be replaced. The size of the project will insure competitive bidding and from this standpoint, is cost-effective. 7. CONCLUSION Based on the information contained within this report, the Downtown Sidewalk Replacement Project is necessary, cost-effective, and feasible from an engineering standpoint. As previously stated, the cost will be financed through a combination of assessments to benefiting properties, HRA funds, and Elk River Municipal Utilities funds. 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O • Downtown Sidewalk Replacement Project Informational Hearing Meeting Minutes An informational meeting for the Downtown Sidewalk Replacement Project was held on March 1, 2001 at 6:00 p.m. in Council Chambers at the Elk River City Hall. A list of those in attendance is attached. Terry Maurer, City Engineer, opened the meeting promptly and went over the following topics: the product chosen and placement, assessments, Elk River Municipal Utilities work that will be done in conjunction with the project, what to expect during construction, and timing of the project. An overview of each topic is found below. • Product and Placement The product chosen is manufactured by,Borgert. The concrete paver sidewalk will be a cobblestone series placed in a random pattern with the Autumn Blend color. There are three sizes of pavers that will be placed, 3" x 6", 6" x 6", and 6" x 9". The pedestrian ramps will be replaced and will be constructed in the same style currently in place. In addition curb and gutter throughout the downtown area and portions of gray sidewalk on King Street will be replaced as needed. Phil Hals, Elk River Street Superintendent, is currently investigating replacing the existing tree grates with either new grates or possibly planters. No decisions have been reached at this time and are dependent on budget constraints. • Assessments -The total project cost is approximately $290,000, of which $58,500 will be assessed. The assessments will be approximately $1,500 per unit but will be assessed based on unit and front footage. Those with one unit and 60 feet of front footage will be assessed $1,500. Property owners with less footage will receive a smaller assessment and visa versa. A unit is a piece of property that has a unique property identification number. The public hearing and assessment hearing will be held on March 19, 2001. • Elk River Municipal Utilities (ERMU) Construction — In conjunction with this project ERMU will be burying overhead power lines and conduit. Lines that currently feed the buildings will remain in place. If the property owner would,like to bury their individual power line it would be done at the expense of the property owner. • What to Expect during Construction —The Sidewalk Contractor will remove the existing sidewalk between the curb and the buildings for one block. ERMU's Contractor will then bury the power lines and conduit within the sidewalk area. The Sidewalk Contractor will then place the pavers on a recommended base. The Sidewalk Contractor will remove the existing sidewalk on another block while ERMU's Contractor is working on a different block so construction can move smoothly with minimal downtime to either contractor. The Sidewalk Contractor will place a wooden structure or platform from the curb to the door while the sidewalk work is being completed in front of each business. Disruption to area businesses will be kept to a minimum. It will be necessary to • post no-parking signs on blocks where construction is taking place. Due to limited number of parking stalls this will be kept to a minimum. It is still being discussed where the Contractor's will store equipment and • materials. A location will be determined that does not add to the disruption to businesses, but is in close proximity to the construction. • Timing of the Project—The Sidewalk Contractor can lay approximately 2000 square feet of pavers a day depending on weather. It will take about two months to complete the project with the addition of the burying of the overhead lines and replacement of curb and gutter and gray sidewalk. An early start date will be conducive to low bids and will allow ERMU to place their upgraded lines before the extra capacity is needed. After the introduction Terry Maurer opened the meeting up for questions. They were as follows: Question: Will there be down time for businesses? Response: Wooden ramps will be installed to allow access to businesses at all times. Question: The transformer or lines to the buildings will be left unless the owner chooses to bury them? Response: That is correct. Question: Can the owner of the building choose to bury their service at any time? Response: That is correct. It was recommended that if several businesses choose to bury their lines they attempt to coordinate the work in order to receive a lower bid. • Question: Will one block be ripped up at a time? Response: In order for both contractors to continue to work at all times it might be necessary to disturb two blocks so that either contractor may be working on a different block at the same time. Question: Will the driveways be paver blocks? Response: Yes, this product has been used for crosswalks in several cities and as street pavement in Duluth and is capable of carrying heavy traffic. Question: Will Northstar be adding lines in conjunction with this project? Response: We have been in contact with Northstar and they have expressed interest in adding lines in conjunction with the project. Every effort will be made to facilitate this in order to prevent future disruption to the downtown area. Question: Will U.S. West or other private utilities be doing any work? Response: We have informed all of the small utilities of the project and notified them of the opportunity to place additional or new lines. Question: Where have these pavers been placed? Response: These pavers have been placed in downtown Stillwater, St. Cloud, and Hopkins. Question: Was the chief complaint of the old sidewalks that they were hard to shovel and walk on? Response: There have been no claims made due to the existing sidewalk although there have been some complaints. The new paver sidewalk will have sand placed between the groves which should eliminate some of the problem. • • . Question: What happens if the pavers settle? Response: The sidewalk is within the public right-of-way. If the sidewalk settles the City will repair that portion of the sidewalk. The subgrade will be tested prior to placement of the pavers to try to eliminate that from happening. Question: Has the existing sidewalk held up as long as it should have? Response: The existing sidewalk did deteriorate before its expected life cycle. At this point in time the City would throw a lot of money at trying to assess blame between the supplier and the contractor. The City has decided that rather than trying to do that they would accept responsibility and repair the sidewalk. With ERMU burying the overhead power lines and with the construction of the new building at Main Street and King Street this is the opportune time to replace the sidewalk. Question: Will we be buying the pavers from the manufacturer and will this be an open bid situation? Response: No we will not. The manufacturer has informed us that they have an ample supply and the Contractor should have no problem placing an order of this size. Question: Will the sidewalk project be completed before Art Soup? Response: Every effort will be made to compete the project before Art Soup. If there are weather delays then the downtown area will be restored to the best of the Contractor's ability and construction will resume after Art Soup. Question: Will parking restrictions be kept to a minimum? Response: Every effort will • be made to keep the disruption to the downtown area to a minimum. Weekly construction meetings will be held to ensure proper coordination. With no further questions the meeting was closed. • Pr:ose, ,L,07‘ - .rd R Grn Company CONSULTING ENGINEERS INFORMATIONAL HEARING PROJECT NAME: Downtown Sidewalk Replacement Project CITY OF: Elk River DATE OF MEETING: 6:00 p.m., Thursday, March 1, 2001 Name (Print) Mailing Address/Zip Phone No. PE,F, [`j 022 A E.1k_a orr 0..,m 'CII - 1300 • 4r— A Li- AeasIe s .rte 51740A II/ • RESOLUTION 01 -_ A RESOLUTION FOR THE CITY OF ELK RIVER A RESOLUTION ORDERING THE IMPROVEMENT AND PREPARATION OF PLANS AND SPECIFICATIONS IN THE MATTER OF THE DOWNTOWN SIDEWALK REPLACEMENT IMPROVEMENT OF 2001 WHEREAS a public hearing relating to the Downtown Sidewalk Replacement improvement was held before the Elk River City Council after ten days mailed notice and two weeks published notice of the hearing was given; and WHEREAS the City Council has duly considered the Feasibility Report and those matters presented at the public hearing by those persons desiring to be heard on the matter; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River, Minnesota: 1. The Downtown Sidewalk Replacement improvement is hereby ordered as recommended in the Feasibility Report dated February 22, 2001. 2. Howard R. Green Company is hereby designated as Project Engineer for this improvement. The Project Engineer is directed to prepare plans and specifications for the making of the improvement and the solicitation of competitive bids. Passed and adopted this 19th day of March, 2001. ATTEST: Stephanie A. Klinzing, Mayor Sandra A. Peine, City Clerk O:\PROJ\812420]\0030\RESOLUTIONS 3-13-01.doc • RESOLUTION 01 -— A RESOLUTION FOR THE CITY OF ELK RIVER A RESOLUTION APPROVING THE PLANS AND SPECIFICATIONS AND ORDERING THE ADVERTISEMENT FOR BIDS IN THE MATTER OF THE DOWNTOWN SIDEWALK REPLACEMENT IMPROVEMENT OF 2001 WHEREAS pursuant to Resolution 01 - _, the Project Engineer has prepared plans and specifications for the Downtown Sidewalk Replacement improvement, which plans and specifications have been reviewed by the City; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River, Minnesota: 1. Such plans and specifications, a copy of which is attached hereto and incorporated herein by this reference, are hereby approved. 2. The City Administrator shall prepare and obtain the publication of an advertisement for bids for the making of the improvement pursuant to the attached plans and specifications. The advertisement shall be published once each week for three consecutive weeks, shall specify the work to be done, and shall state that the bids will be received by the City Administrator until 10:00 a.m. on Thursday, April 12, 2001, at which • time the bids will be publicly opened in the Council chambers of the City Hall by the City Administrator and the Project Engineer and will then be tabulated for consideration by the City Council at a meeting thereof at 6:00 o'clock p.m. on Monday, April 16, 2001, in the City Council chambers at City Hall. No bids will be considered unless sealed and filed with the City Administrator and accompanied by a cash deposit, cashier's check, bid bond, or certified check payable to the City Administrator in the amount of 5% of the amount of such bid. Passed and adopted this 19th day of March, 2001. ATTEST: Stephanie A. Klinzing, Mayor Sandra A. Peine, City Clerk • O:\PROJ\812420j\0030\RESOLUTIONS 3-13-01.doc M • RESOLUTION 01 - A RESOLUTION FOR THE CITY OF ELK RIVER A RESOLUTION ADOPTING FINAL ASSESSMENT ROLL WHEREAS, upon due notice properly made as required by law, the Elk River City Council has met and heard and passed upon all objections to the proposed assessment for the Downtown Sidewalk Replacement improvement and has determined the amount to be assessed against each individual property as the Council deems just; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River, Minnesota: 1. Final assessment roll, a copy of which is attached hereto and incorporated herein by this reference, is hereby accepted and adopted and shall constitute the special assessment against the lands therein named. Each such tract of land in the assessment roll is hereby found to be benefited by the improvement in an amount not less than the amount of the assessment levied against it. 2. Such assessment shall be payable in equal annual installments, including both principal and interest, amortized in such amount annually as is required to pay the principal with interest as 6.5% over a period of three or five years. 3.• The owner of any property so assessed, may, at any time prior to certification to the County Auditor of the assessment or the first installment thereof, pay to the City Treasurer the whole of the assessment on such property, with interest accrued to the date of payment; except that no interest shall be charged if the entire assessment is paid within 30 days after the adoption of this Resolution. Prepayment may also be made after the certification of the assessment or first installment thereof by paying to the City Treasurer/Auditor the entire amount of the assessment remaining unpaid with interest. In the case of a payment made before November 15, interest will be calculated through December 31 of the next succeeding year. 4. The City Administrator shall transmit to the County Auditor a certified duplicate of the attached assessment roll to be extended on the property tax lists of the County. Such assessment shall be collected and paid over in the same manner as other municipal taxes. Passed and adopted this 19th day of March, 2001. ATTEST: Stephanie A. Klinzing, Mayor • Sandra A. Peine, City Clerk O:\PROJ\812420]\0030\RESOLUTIONS 3-13-01.doc '14 31%, ctftt • t4PCP ;,10: ok.q, 1940, TN* 40% y C t " 1 of Elk River peid — 44414 WISIett2(.1 tiAtttio SiSCSV A:tc 2000-2003 Economic Development Strategic Plan Adopted May, 1997 Revised November 1999 p k ; 4*, it r IK ver. "A historic river community serving as a regional center with a favorable location near the Twin Cities metropolitan area " Our mission is to actively participate in economic • development by utilizing available resources to leverage viable and healthy investments in our community. Such investments will create diverse job opportunities as a result of a stable and growing business and industrial base. We will strive to provide quality services, maintain a favorable tax rate, supply full-cycle housing options for our residents, and foster an environment that will result in substantial growth of our local economy. • apt Modification tax City Council Economic Development Authority Housing and Redevelopment Authority r Facilitator: Jim Brimeyer, The Brimeyer Group • 161.40 flt fel* 550 • SciggitiS nelt Ar.":41. Major Issues n Goals * Industrial Base • Attract new businesses to increase the city's industrial base • Business Retention and Growth i Retain and grow the city's existing business/industry • Marketing Strategy • Create an industrial marketing strategy to develop the city's business parks. Develop/Redevelop E. Hwy 10 & the CBD • Undertake activities that facilitate development/redevelopment on East Highway 10 and in the Central Business District. • Mg ititsg. I. Grow Industrial Base 155f4* Goal: Develop West Business Park c`s Maintain current joint development agreement with Tony Emmerich. • Consider a joint development agreement with Gagne and Wilson. ✓ Develop well focused target marketing tactics: • Market to brokers and others with connections to industry, such as MN Technology. • Target an industry cluster, such as the energy industry (Energy City). • n Work with local industries to market Elk River to their suppliers and customers. • EDA to research construction of a spec building and locate a tenant. • Establish bank partnerships • Establish developer partnership • Identify funding sources (i.e. franchise fee revenue) ✓ Consider completing construction of Business Center Drive. ✓ Explore marketing methods employed by developers and builders. 34 Examine appeal of West Business Park to specific types of industries. (Target marketing, Industry cluster) • Develop specific marketing materials for West Business Park. • Maintain and build networks with banks, brokers, chamber, existing businesses, media, and others. • • ' Wei dc Zetti7:1;IA . Business RetentionGrowth "101 Goal: Retain and grow existing industries m'frils,1, , • • 1,4 • Complete BRE Survey and distribute final results to council, EDA, Industries and Chamber of Commerce. • Consider publishing periodic (quarterly or bi-annual) newsletter highlighting economic development activities, practices and issues. • Create local industrial business publicity program - have quarterly feature stories written on industrial firms. • Utilize business round table approach to gauge business's attitude toward developing policies and projects. • Distribute marketing materials to local industry and promote incentive programs. • Ads — Continue to feature local firms in City Business, Ventures, etc... and explore local advertising opportunities. ✓ Utilize DTED's Manufacturer's Week to showcase existing firms. • Create opportunities for interaction between business owners and elected/appointed officials. • Involve local industries in a major marketing event. ✓ Maintain database of industrial businesses. ✓ Consider continuing EDA Commitment to the Business Incubator Project. • . r • III. Marketing Strategy gSS Goal: Develop an industrial marketing strategy to StfreASS develop business parks. 0.1440IV,"�E,514LO ✓ Establish a marketing plan committee comprised 5-7 of business & civic leaders. ✓ Consider hiring a consultant to help facilitate the formation and implementation of a marketing plan. • Update and maintain marketing materials. • Complete construction of economic development website. • Utilize Energy City designation as a marketing tool. • � g • qC.N1q (Re)Development :. IV. E. Hwy . 0 & in the CBD Goal: Undertake activities that facilitate ltdAlice (re)development on E. Hwy 10 & in the CBD. m"-,11:44 Highway 10 • Develop criteria for designating redevelopment areas. X Identify redevelopment/development areas. X Develop database of east Highway 10 properties. • Consider locating additional sites for Elk River monument/entry signage. • Examine use of Redevelopment Financing Program along east • Highway 10. Central Business District (Downtown) • Develop criteria for designating redevelopment areas. • Identify redevelopment areas. • Consider hiring a consultant to design a redevelopment plan for downtown. X Develop design guidelines for redevelopment in the CBD. # Issue Request For Proposals for redevelopment sites in CBD. • Further explore the concept of facade grants in cooperation with local banks. • Continue work on CBD action plan. • Construct database of downtown businesses ✓ Continue marketing King and Main site for redevelopment • ill • , u`ft' .N s; u� 4:°::>1;i4;it:5* :3 Additional A ft;44117'f tzgirm ✓ Modify TIF policy to comply with changes in State law. • Continue professional development of staff through conferences, formal training programs, etc. . .. • Utilize GIS to manage data of industrial and commercial real estate. • Explore the development of a rail spur ip ✓ Inventory all available commercial/industrial land and buildings. ✓ Utilize existing tools to encourage development : TIF, Micro Loan, Tax Abatement, SCBDF, State, Initiative Foundation. ✓ Ensure Brown property remains available for industrial development.