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8.0. EDSR 03-10-2003 Item if 8 • City of Elk -�-� River MEMORANDUM TO: Economic Development Authority FROM: Catherine Mehelich, Director of Economic Developmen t) DATE: March 10, 2003 SUBJECT: Preliminary Report on Analysis of Industrial Park Options Attachments • Minutes from the February 11, 2003 Joint Meeting. • Comparison of Key Industrial Client Requirements by City of Elk River Product Offering. • • Map of Business Park/Industrial Sites. • 2002 Prospect/Inquiry Summary Report. • Correspondence from Brookstone, Inc. dated December 19, 2002 and February 24, 2003. Background At its November 2002 regular meeting, the EDA authorized staff to explore the following options related to industrial land development, as recommended in the updated Strategic Industrial Marketing Plan: • Alternative strategies for working with private landowners of business park property • Strategy for development of the EDA's property located off of Twin Lakes Road The reason behind the recommendations made by Duckor&Associates is that the City of Elk River is at a distinct competitive disadvantage with its business park property because it does not own the land directly. This causes the siting process to take longer because of the private land pricing and negotiations between landowner/broker and industrial client. Joint Work Session with Planning Commission In preparation for the EDA's discussion, a joint work session was held in February in which Duckor &Associates facilitated a discussion between the Planning Commission, EDA and City Council regarding the client requirements for industrial siting and development. As a result of the joint meeting,it was suggested that EDA/Council persons meet one-on-one with the private landowners to confirm staffs understanding of the pricing, availability and market for each site as described on 4110 the attached matrix. The Councilpersons who met with each of the following property owners should provide a verbal report at the meeting of their findings: Preliminary Report on Analysis of Industrial Park Options March 10,2003 EDA Meeting Page 2 of 3 • Elk Path Business Center, Stewart Wilson Mayor Klinzing • Elk River Business Park, Richard Martens Councilman Tviete • Cascade Industrial Park,Bill Christian Councilman Tviete Analysis of Strategies for Working with Landowners or City-Owned Industrial Park Staff has been working with the city's finance advisor, Sid Inman of Ehlers &Associates on the market and financial analysis of the two different strategies. Mr. Inman will be present at the EDA meeting to discuss the preliminary findings as listed in this memo. Staff is awaiting written response from the developers, Opus Northwest and Ryan Companies,who were asked to provide an analysis on what the market can afford to pay for industrial land. Staff will follow up with a final report in the next few months. Preliminary Findings Industrial siting decisions are based on the following factors: o Location • Proximity to employees • Access to transportation • o Cost of Land • Determined by the "All-In" cost for development-ready site,including price for raw land,water, sewer and access road) o Cost of Construction • Metro-area brokers and developers have extensive knowledge of industrial sites, and have indicated that expensive marketing/advertising campaigns have little to no impact on a manufacturer's decision where to locate. • Elk River's competition continues to be adjacent cities with inexpensive land and lower building standards. These communities have large tracts of land that will take significant time to absorb in the marketplace, and therefore these communities will continue to be in competition for Elk River's industrial clients. These communities are being successful in attracting industrial development over Elk River for two primary reasons: providing"free" land and the availability of appropriately sized parcels. These reasons are evidenced in the attached 2002 Prospect/Inquiry Summary Report. • If the City/EDA want to develop their own industrial park, then the city needs to be prepared to accept the financial risk and to competitive to proceed. Doing nothing will mean that the City waits for the industrial development to be able to afford the asking price and also it is likely that Elk River will risk losing a share of it's existing industrial base to communities that can accommodate the client's expansion requirements. • • There continues to be a tension between the city's building standards and the industrial client's profit. Preliminary Report on Analysis of Industrial Park Options March 10,2003 EDA Meeting • Page 3 of 3 • With the loss of Local Government Aid (LGA) the intensity of competition between cities fox industrial tax base will only increase. • These findings appear to apply not only to city-owned industrial property,but also the privately owned property. Next Steps in Analysis • Staff will obtain a numeric and narrative analysis of how developers arrive at the dollar amount that they can afford to pay for industrial property. • Staff will provide options for the City/EDA to consider in order to proceed with either option. . SPECIAL JOINT MEETING OF THE ELK RIVER CITY COUNCIL, ECONOMIC DEVELOPMENT AUTHORITY AND PLANNING COMMISSION HELD AT THE ELK RIVER CITY HALL TUESDAY, FEBRUARY I I, 2003 Council Members Mayor Klinzing,Councilmembers Dietz,Kuester,Motin,and Present: Tveite. Councilmember Dietz left the meeting at 7:25 p.m. Absent: None Economic Development Authority Commission Members Present: Commissioners Gongoll,Dwyer and Koenig Absent: None Planning Commission Chair Pederson,Commissioners Anderson, Members Present: Jenson,Lemke,Offerman and Ropp Absent: Franz Staff Present: Director of Planning Michele McPherson,Senior Planner Scott Harlicker, Planner Chris Leeseberg,Director of Economic Development Catherine Mehelich,Economic Development Assistant Heidi Hall,Recording Secretary Debbie Huebner Also Present: Anita Duckor,Duckor and Associates 1. Call Meeting To Order Pursuant to due call and notice thereof,the meeting of the Elk River City Council was called to order at 6:30 p.m.by Planning Commission Chair Mark Pederson. 2. Introductions Director of Planning Michele McPherson introduced Anita Duckor of Duckor and Associates,facilitator for the joint meeting. The Councilmembers and Commissioners introduced themselves at this time. 3. Presentation-Anita Duckor Ms.Duckor reviewed photographs of the following types of Industrial/Business Park building designs with the group: 1. Class A Office/Business Park/Corporate Headquarters 2. Office Warehouse/Office Showroom 3. Mixed Use Industrial/Office/Institutional/Retail 411 4. Distribution Center 5. Industrial Park Special Joint Meeting Minutes Page 2 February 11,2003 . Ms.Duckor then discussed the Key Client Requirements by Development Type as shown on Matrix I. EDA Commissioner Dwyer stated that he felt visibility is more important to other types of users than is shown on the matrix. Discussion followed regarding development costs. Ms.McPherson noted that the pricing shown takes into account all aspects of building costs and is based on the fee schedule provided by the Uniform Building Code. Mayor Klinzing stated that one issued that has not been addressed is the unique transportation issues in Elk River and MN/DOT's future plans. Ms.McPherson reviewed the locations of Industrial and Business Park-zoned property listed on Matrix 2 as follows: Elk Path Business Center,the Gagne property,Country Crossing,Mulvaney Point,Elk River Business Park,the Brown property,and Cascade Industrial Park. Ms.Duckor discussed each of these sites,which make up the City's land offerings to potential industrial clients. Ms.McPherson then reviewed the City's current building standards for the Industrial and Business Park zoning districts. Planning Commission Chair Mark Pederson noted that the Business Park standards were designed for the higher end user and have been modified to allow pre-cast concrete panel construction,which was previously excluded.Ms.Duckor stated that she did not feel there was anything wrong with the Business Park standards,but that the issue is providing a place for Industrial clients to locate. She stated that utilities need to be in place to attract industrial clients,and also the park dedication requirements need to be reviewed and revised. • Ms.McPherson stated that the group needs to look at whether or not the City,with its own industrial park,is competing with the market. She stated that industrial clients have needs that are not being met by Elk River; and can the City meet those needs without competing with private developers. Ms.McPherson stated that there are four tasks which need to be accomplished: 1)review the existing Business Parks for appropriate zoning,2) review the current Business Park Standards,including areas guided for Highway Commercial,3)determine if the existing regulations are in line with the City's goals,and 4) review the park dedication requirements for the Industrial zoning districts. Planning Commissioner Leo Offerman asked if the Business Park districts which allow retail should be treated separately,since it seems their needs would be different. Ms.McPherson stated that the retail allowed in these districts must complement and support the Business Park,such as copy centers,small restaurants,etc. She noted that in the case of the Elk River Industrial Park,a retail component would likely not be appropriate,since it is in close proximity to Elk River Crossing. Discussion followed regarding outside storage. Ms.Mehelich stated that outside storage is a primary issue. EDA Commissioner Jeff Gongoll asked what the next step would be to allow outdoor storage. Ms.McPherson stated that an ordinance would need to be drafted which would include criteria for the number of square feet of outdoor storage allowed and any screening requirements. Commissioner Gongoll stated that he felt the number one issue is the lack of industrial-zoned property,and the second issue is the fact that the uses are very heavily restricted. He stated that the City needs to find other areas where industrial uses can be allowed.Commissioner Gongoll stated they also need to look at allowing outdoor storage. Chair Pederson stated that he feels the City needs look at more mixed-use areas,and to zone Light Industrial and Business Park uses separately. He suggested that the Gagne property would be a good • area for mixed industrial uses. Councilmember Motin stated that a buffer from residential area needs to be maintained. Ms.Mehelich noted that the warehouse issue also should be looked at. Special Joint Meeting Minutes Page 3 February 11,2003 1110 Planning Commissioner Dana Anderson asked if the park dedication fee is the only fee under discussion. Ms.McPherson stated that other fees such as water,sewer and land use application fees are also required,but that the park dedication fee is the fee which is often waived by cities. Ms. Duckor stated that developers are against park dedication fees,but that SAC and WAC fees are generally accepted as a part of doing business. Mayor Klinzing asked what the attraction was for industrial development in Big Lake. Ms.Duckor stated that land is being offered for free. She also noted that elected officials often are present in negotiations with potential clients. Discussion followed regarding the possibility of industrial development in the gravel mining district when mining is completed. Councilmember Tveite noted that there is an area near County Road 33 which may be available in as little as five years. Councilmember Motin stated that the slowed economy would impact development. Ms.Duckor stated that the City needs to maximize what it currently has to offer. She feels that the park dedication fee needs to be reviewed,and full infrastructure needs to be provided(sewer and water). Mayor Klinzing stated that she is aware that other cities build the infrastructure and also give away land to attract industrial development. She stated that the City needs to look at what the barriers are for both the city-owned land and private land. She stated that the Highway 169 corridor should be to be looked at,as well. Ms.Duckor stated that the City needs to keep supporting industrial development,but they also need to offer another client base,in order to provide a healthy mix of industrial development. Mayor Klinzing asked if partnerships with private landowners could be developed. Ms.Duckor stated that the problem is that private developers usually have their own contractors. Ms.Mehelich stated that the City is currently exploring ways to develop better partnerships with private developers. Mayor Klinzing stated that she feels the Planning Commission,City Council and the EDA need to get involved in talking to property owners to find out what the issues are.Ms.Duckor concurred. Ms.McPherson stated that the Planning Commission could discuss some general parameters at their March workshop meeting. EDA Commissioner Dwyer noted that if design standards are too high,tenants are not willing to pay the rent that would be required to recover the construction costs. Councilmember Motin noted that having good design standards should lock down the price of land. It was the consensus of the group that representatives of the City Council,EDA and Planning Commission should meet with Industrial/Business Park land owners to discuss issues of concern. There being no further business,Chair Pederson adjourned the meeting of the Elk River City Council at 8 p.m. Respectfully submitted, 111 ZJA(,4tt; Debbie Huebner b 5" NN y ; XIX CD• • • o B. 5.4 g. Via.. 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I I 9M 1115 " I " ' 1 i 111 - -'1 ?\ Th 175th AVF \ ...,._. .z._ 17Ist Al ELK PATH BUSINESS CENTER — . \ t‘ — 80 ACRES --SO GAGNE PROPERTY 18 ACRES 1 --- '''\,i,N kc\r ..=.. . "--- 1 ELK RIVER BUSINESS PARI. 165th AVE ----1 25 ACRES `, '''‘ \ E4‘LKusREAIVEELER AECDRAE,PORLIOTPOEFR J( O ' io--- ,.\ 1 1 . . ; - CASCADE INDUSTRIAL PARK 1 Ill---- \ . 1 46 ACRES ' 0 NEW INDUSTRIAL DEVELOPMENT .1, 11 _......--...\ s --------- -.-..,\ci, ‘,..:. -,....,.. --.. I I 1 _.... ,.,,,,,\ \I * EXPANSIONS / RETENTION i ; ' 1 For site specrfics call Catherine Mehelich 441-7420 --- Phone:763.441.7420 Fax:763.441.7425 - www.ci.elk-river.mn.us City of Elk River MEMORANDUM TO: Economic Development Authority FROM: Catherine Mehelich, Director of Economic Development DATE: February 10, 2003 SUBJECT: 2002 Inquiry/Prospect Report Attachments • 2002 Inquiry/Prospect Report • 2001 Inquiry/Prospect Summary 41) Overview Staff has been tracking inquiries and prospects within a database. Attached is a brief summary of inquiries received for the year 2002. Following is a breakdown summary of the types of inquiries received: Total Inquiries: 48 • Commercial 17 • Industrial 31 o Heavy Industrial (by use& outside storage) 10 o Light Industrial/Other 21 Nature of Light Industrial Inquiry: • Lease Space 6 • Land/Building 13 • Other (info/$) 2 Light Industrial Size: • Small (Less than 10,000-square feet) 5 • Medium (10,000-sf to 25,000-sf) 7 • • Large (30,000-sf+) 6 • Other (spec/info) 3 2002 Inquiry/Prospect Report February 10,2003 Page 2 of 2 2001 - 2002 Industrial Clients Status: • Active Prospects/Delayed Decisions 5 (2002 prospects) and 2 (2001 prospects) o Cymbet Corporation 50,000-sf build Financing Delay o Options Inc. 10,000-sf build Site Delay (2001) o Machine shop, Ramsey 15,000-sf build Decision Delay o Gradient Technology,Blaine 25,000-sf build Decision Delay o PumpWorks,Plymouth 40,000-sf build Financing Delay o Electronics calibration lab, St. Francis 3,500-sf lease Decision Delay o Precision machining, Dayton 15,000-sf build Decision Delay (2001) • Located Site in Elk River 1 (2002) o Dimensional Concepts,machining,lease space • NA/Unknown 10 (2002) • Located Site Elsewhere 5 (2002 prospects) and 6 (2001 prospects) • o Computer Motion Imaging o KitMasters of Ramsey Chaska/Chanhassen area proposed (2001) Detroit Lakes area -vacation home,incentives (2001) o Dynamic Packaging Anoka proposed—warehouse,incentives o High Tech Data Center Delay—wants a turn-key building near Mpls o Custom Turning of Blaine Big Lake—outside storage,incentives o Bixby Energy Systems of Elk River Rogers—available 15,000SF lease space o DiaServ, thermoform plastics Stayed in Blooming Prairie o JBC Industries,water jet cutting Big Lake - lease space,incentives (2001) o Antioch/Creative Memories Expansion Stayed in St. Cloud—land price (2001) o Horizon Thermoform Closed business (2001) o Mach Glass Stayed in Big Lake lease space (2001) • BROOKSTONE,INC. FEB 5 200 7400 Metro Blvd.,Suite 212 Edina,Minnesota 55439 February 24, 2003 612.837.9167 phone 612.837.8010 fax Ms. Cathy Mehelich Director of Economic Development City of Elk River 13065 Orono Parkway Elk River, MN 55330 Dear Cathy, We appreciate the opportunity to have attended the Joint Planning Commission/City Council/Economic Development Authority meeting of the City of Elk River on February 11, 2003.From that discussion we felt that it was important to write a letter to clarify our position with regard to the Elk River Business Park and to seek ways in which we can work together collaboratively to meet our mutual goals. • There is some background that I think would be helpful. First, I believe that we essentially inherited the business park zoning and were supportive of that. All of the negotiations and related correspondence prior to entering into the development agreement referred to "industrial"type buildings. Our preliminary master plan incorporated a number of industrial type buildings. We were encouraged by the business park zoning, in that it allowed broad based industrial and some of the quasi- commercial uses that we feel are very customary and appropriate for this kind of business setting. Secondly, over the past two years we have marketed extensively, utilizing the listing agents for the property, the efforts of Kevin Maas, Director of Marketing for Amcon Corporation, and by working with you and prospects that are generated through your activity. The results have been disappointingly limited. At this point we have completed four lease transactions and are currently 70% leased and occupied in the multi-tenant building and have not inked any land sales or build to suit transactions. However, clearly the economy is a big factor in this. With this background I would like to respond on a number of items discussed on February 11: 1) While our plan shows large lots, we have indicated a willingness to subdivide down to 1.5 to 2.0 acre lots and have established a price for some time now at S $1.25 per square foot. We do not feel that this is overpricing, as was suggested by some members of the discussion on February 11. However, we REAL ESTATE ADVISORY SERVICES,INVESTMENT AND DEVELOPMENT • cannot compete with zero priced land and loose design standards if that is what we are going to be faced with. While it is not clear that we have lost serious prospects because of this kind of competition from adjacent communities, in many cases the prospects, in the first instance, know where to go to get this kind of treatment. 2) There was also discussion about a more focused kind of zoning for different properties. What is absolutely essential for us to avoid is to be slotted into a narrow market focus with a zoning restriction based upon a mistaken perception of whom we are marketing to. While it is our desire to find some higher end users, i.e. office showroom, or office users, this market segment is limited and has never been the narrow market exclusively to whom we have marketed. We have always marketed to the broad industrial market which primarily includes light manufacturing, repair and maintenance operations, distribution, service based companies and quasi commercial. Being slotted into a narrow zoning definition would be a severe handicap to us. 3) We also want to be clear that while it was our original desire to have Amcon and Brookstone involved in promoting design build activity with potential S land purchasers, we have been clear in stating that we are prepared to move forward with land purchasers solely, if they are unwilling to work with Amcon as a builder for any reason whatsoever. We are currently working with several potential land purchasers for small parcels in exactly this manner. 4) Another issue we have been faced with is outside storage. While we understand the concerns with outside storage it is a realistic need of some industrial users and we would request that you give consideration to allowing it in the Elk River Business Park, possibly on a conditional use basis such that you have the ability to control the amount of it, its location, and require appropriate screening. 5) Finally, from our point of view we would appeal to you to loosen design and use standards to allow us to more broadly market to the overall industrial group of companies in the marketplace and allow us to compete as effectively as we can in this tough environment. If we are faced with zero or near zero priced land immediately next to us with loose standards and we have both design and use standards not in the competing land areas that would be devastating to us. • • We would like to work collaboratively with the city to jointly market this property in a way that works with both of our goals and objectives. Given the cities significant involvement in the development of the Elk River Business Park does it not make sense to work with us to get some of our land parcels utilized and developed before moving forward with the competing property? We would welcome a discussion in this regard. _ Very Truly, t Richard V. Martens President Cc: Liza Robson, Pete Thielke,Jim Winkels, Dennis Cornelius, Tony Gleekel, Kevin Maas RVM/th • • • op December 19, 2002 Mr. Sid Inman Vice President Ehlers and Associates, Inc. 3060 Centre Pointe Drive Roseville, MN 55113-1105 Dear Sid, Kevin Maas and I appreciate the opportunity to have met with you and Cathy Mehelich to discuss questions relating to the ongoing marketing of the Elk River Business Park. When we first envisioned, together with the city, the idea of a business park at this location we anticipated a mix of multi tenant and owner occupied industrial buildings. We have proceeded with the construction of one 50,000 square foot multi tenant office building which is currently 70% leased and it is our hope to do one or two additional similar buildings when market conditions improve. • To date, while we have undertaken extensive marketing to smaller and medium size industrial users of various types, we have yet to consummate a build to suit transaction or land sale. The market has been quieter than we anticipated and I think the reasons are twofold. The recent slowdown in the economy has created a reluctance on the part of business owners to undertake capital investments and long term commitments even though interest rates are at historically low levels. Secondly, while we planned this business park with great enthusiasm for the very positive attributes that Elk River has this is an evolving market and not a mature one. Elk River is located at the periphery of the Twin Cities, without some of the strong location attributes of cities located in close proximity to downtowns, the international airport and other major landmarks. It has other positive attributes that work well for it. It has better access to labor markets than some of the competing suburban cities and locating here avoids the growing traffic congestion experienced in closer in communities. Based upon the result of our marketing and the responses to date we have attracted some interest from smaller to medium size firms that are mostly private versus publicly owned companies engaged in industrial uses including distribution, light manufacturing, repair and maintenance, etc. We have not seen a lot of interest from large distribution uses, large publicly owned manufacturing companies or office showroom uses, although we expect showroom interest to increase. The kind of companies we have talked to seem particularity sensitive to cost issues and many of them have become well aware of the competing programs provided by • neighboring cities of Elk River offering, in many cases, free or very low cost land opportunities. For this reason we thought it would make sense to propose to the city a collaborative effort that responded to that competition. We have a willingness, for the right user, to reduce our land price from$1.25 per square foot to $0.50 per square foot on the basis of the city providing property tax abatement that would effectively bring the net land cost to the user to $0. As discussed we feel we can do this for selective users that provide job goals that the city might have and we can also attach other parameters that make sense. We would view this request only for owner occupied building and we could then collaboratively market the remaining land parcels with these kinds of incentives. We look forward to your response on this and please call should you require additional information in this regard. Yours very truly, Richard V. Martens President Brookstone, Inc. Cc: Cathy Mehelich Kevin Maas Liza Robson Jim Winkels Dennis Cornelius RVM/th • T W a ` Hr ns 7.) E.1 co M r N N L r, OT L. p CO.._�+ d E CC V d c Q i-" c3 W 75 V 5 c 0 c <h a z ^ cG u ca a') O—O LO-csuu, °U c v, E Z `� Lir, --1 cu 3 O c L O W u CD cV �N W-0 ce o o R . 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O nx p. a m 0 (n CT m n - "t r' ° o m Pcf,Ax o 7' 0 pOq CDCr cno ° 0 H o C o o P �. 9 ° r* o n e m ' ,9• o N II „ t n . 0✓ C n C 0 ° co g o p tY c0 O a, O 0 rC0 (n `C CD (n CO r» i i "1 i v, (n N sv v, n x' ,=, 0 04 " TechTrends e-Newsletter 1 February 2003 Page 1 of 6 hiFORMATION minnesot . r a. .. Print Close • a publication of T H Minnesota chnoIog Inc.0 I re n d s Volume 4, Issue 2 February 2003 u China Pressure Builds New Minnesota Technology, Inc. survey finds that state manufacturers face growing competition from China. More than half of all manufacturing firms in Greater Minnesota are facing intense competition from Chinese companies, according to a survey conducted by Minnesota Technology, Inc. in January. According to the survey, 52 percent of manufacturers are facing competition from China, and 50 percent feel that China's growing manufacturing capabilities have hurt their businesses. The survey targeted manufacturing sectors from which researchers for the U.S. 411 Trade Deficit Review Commission had identified significant production shifts from the United States to China. Of the respondents who said competition from China had hurt their business, 60 percent noted that they had lost business. When asked to estimate the loss in sales, respondents on average estimated they would lose about 20 percent of their business in 2003-with larger losses expected over the next several years. Finally, while China was the most frequently named competitor, manufacturers also indicated increasing competition from a number of other countries, including Mexico, Taiwan, and Canada. Here is a sample of the results. For more complete results, go to http://www.minnesotatechnology.org/publications/reports Is your company facing competition from manufacturing firms 151 operating in China? respondents Yes 52% No 47% Don't Know 1% What impact has China's stronger manufacturing presence had 151 on your business? respondents Benefited you 12% Had no impact upon you 42% 0 Hurt you 50% Why has China's manufacturing presence hurt your business? 75 http://www.minnesotatechnology.org/publications/techtrends/2003/February/printVersion.asp 3/5/2003 TechTrends e-Newsletter I February 2003 Page 2 of 6 respondents Customers buy overseas/Offshore/Lose business to them 60% 1111Pricing/Cheaper/More competitive/Cheaper labor, manufacturing 44% costs Drives our prices down/Lowers profit/We can't raise our prices 12% Takes away U.S. jobs/Sends work over there 5% Hurts our economy/Makes our future uncertain 4% Our customers move their plants there so we lose business 1% Other negative comments 3% If you don't make any changes in response to Chinese Avg. competition, what will be the impact of that competition on your percentage sales over the next several years? loss Percent loss in sales this year, 2002 (56 total respondents) -20.4% Percent loss in sales next year, 2003 (50 total respondents) -19.5% Loss in sales over the next three years, through 2004 (36 total -34.2% respondents) Loss in sales over the next five years, through 2006 (20 total -35.0% respondents) Note: Includes only those respondents who gave a percentage; does not include respondents not answering or ones who gave "don't know" answers. • Please indicate your level of agreement with each of Strongly Somewhat/ the following statements, using a five-point scale. agree Strongly Overall, firms operating in China 150 Disagree respondents 150 respondents Can produce with cheaper labor. 88% 2% Can produce at less cost. 86% 1% Do not pay supplemental costs, such as health 66% 12% insurance and retirement contributions. Do not deal with social restraints. 59% 10% Do not have to worry about legislative restraints. 57% 11% Receive more favorable financial terms. 34% 14% Receive more favorable financial terms. 24% 50% Can produce with quicker turnaround. 9% 62% Can produce a better quality product. 1% 72% Are more highly tooled, i.e., they have better 1% 70% technology, better use of machine tools and better • equipment. III Notes http://www.minnesotatechnology.org/publications/techtrends/2003/February/printVersion.asp 3/5/2003 TechTrends e-Newsletter I February 2003 Page 3 of 6 Technology business news from around Minnesota. • Fibrominn, the Minnesota subsidiary of British company Fibrowatt LLC, is expected to begin construction this spring on a poultry litter-fired power plant that will be located in an industrial park on the northwest edge of Benson. The plant will consume up to 500,000 tons of turkey litter, alfalfa stems, and other material to create 50 megawatts of renewable energy annually. Construction of the $100 million facility is expected to take about two years. Robert Edwards, CEO of Duluth-based Minnesota Power and executive vice president of its parent company, Allete Inc., announced that he will retire at the end of May. Donald Shippar, Minnesota Power's president and chief operating officer, will take over Allete's energy services businesses. McNeilus Windfarm, a new wind-based energy farm, is under development near Dodge Center. The project is headed by Garwin McNeilus, former owner of McNeilus Mfg., also of Dodge Center. The farm features 10 900-kilowatt wind turbines, with more planned for the future. Mankato-based communications provider HickoryTech Corp. recently announced that its board of directors elected Myrita P. Craig to serve as board chairman. She succeeds Robert D. Alton Jr., who retired as company CEO in 2002. Granite Falls Community Ethanol Plant LLC recently announced that it has begun an initial public offering of membership units for a proposed ethanol plant that will be built near Granite Falls, Minn. • The Stora Enso Paper Mill in Duluth recently achieved ISO 9001 certification for its Quality Management System and ISO 14001 certification for its Environmental Management System. TEC Interface Systems, a Waite Park-based prosthetics manufacturer, recently was purchased by Otto Bock Health Care, a German prosthetics distributor and manufacturer that has its U.S. headquarters in Plymouth. IBM recently announced that IBM Rochester will be the first division to produce the company's iSeries line, which offers extra computing power on a pay-as-you-go method. The new computers will be available for shipment Feb. 21. A preliminary study sponsored by North Dakota State University's Research and Technology Park concluded that the Fargo-Moorhead area could support a technology-based business incubator, according to two consultants studying the possibility. The second phase of the study will continue in March. JMW Enterprises Inc., a Rushford-based firm that acquires and refurbishes used electronic assembly equipment, recently expanded its facility in the city's downtown area. The company now occupies 12,000 square feet of space. The Chippewa Valley Ethanol Co. (CVEC) in Benson is on track to complete an expansion in April 2003 that the firm says will help it produce up to 49.5 million • gallons of ethanol annually-more than double its current production. The company also announced that one of its subsidiaries, Glacial Grain Spirits, has formed of partnership with New York City-based Infinite Spirits Inc. to produce a line of ultrapremium vodka. http://www.minnesotatechnology.org/publications/techtrends/2003/February/printVersion.asp 3/5/2003 TechTrends e-Newsletter I February 2003 Page 4 of 6 The Southern Minnesota Municipal Power Agency (SMMPA) is nearing completion on the construction and installation of a pair of 950-kilowatt wind turbines on a spot S approximately seven miles south of Fairmont. The $2.1 million project will be up and running later this year. Pemstar Inc. of Rochester, and one of its subsidiaries, Pemstar Pacific Consultants of Mountain View, Calif., recently were chosen to help develop a new version of the U.S. Army's Land Warrior System, which connects high-tech firearms with computer, communications, and navigation gear. According to the company, the total contract is worth at least $59.9 million. Duluth-based imaging products manufacturer Ikonics Corp. recently signed an exclusive worldwide licensing agreement to manufacture and sell DuPont's RapidMask film technology. Marshall-based Schwan Food Co. recently purchased the Mrs. Smith's frozen dessert business line from Flowers Foods Inc., Thomasville, Ga. The move is part of Schwan's ongoing growth initiative; the company plans to double in size within the next five years. March 14, 2003 Minnesota Technology, Inc. Technology Awareness Forum ISO Root Cause Analysis, Edina • March 19, 2003 Minnesota Technology, Inc. Technology Awareness Forum ISO Standards Update (ISO.9001:2000-IISO14000), St Cloud March 26-27, 2003 Association of MinnesotaCount es Leg slative..Conference, St. Paul April 2, 2003 Minnesota Technology, Inc. Technology Awareness Forum ISO Standards Update (ISO 9001:2000-ISO...._14000), Alexandria April 3, 2003 Minnesota Technology, Inc. Technology Awareness Forum ISO Root Cause Analysis, Duluth April 3-4, 2003 BIO Mid-America VentureForum, Chicago Conference will showcase promising seed, early- and late-stage biotech products and platform companies, and will feature workshops on trends in financial markets and biotech companies. April 8, 2003 West Central Initiative Fund Seminar Preparing Your Workforce for the Demands of a Recovering Economy, Alexandria • Contact: 800-735-2239 April 16, 2003 Minnesota Technology, Inc. Technology Awareness Forum, http://www.minnesotatechnology.org/publications/techtrends/2003/February/printVersion.asp 3/5/2003 TechTrends e-Newsletter I February 2003 Page 5 of 6 Winning at New Products-Increasing Revenues through Successful Product Development., Bloomington • Presenter: Dr. Robert Cooper, creator of the "Stage-Gate" product development process. Contact: Terresa Svoboda, 800-325-3073 April 17, 2003 Minnesota Technology, Inc. Technology Awareness Forum ISO Root Cause Analysis, St Cloud U:JersDectiv" Creating Customer Commitment Five Keys to Lasting Relationships By Kim Rock One key to success in business is to establish the operating philosophy the customer is king and that people are your greatest asset. As powe as that commitment is, weaving it into the fabric of your organization be a challenging task. ;t_ Here are five principles that will help guide you in the process: 1. Commit to certain beliefs. Organizations that stand the test of time have a top-down commitment to stat beliefs. These include respect for the individual, exceptional customer service, daily excellence. Beliefs and innovation come from getting people together and • brainstorming. Beliefs should epitomize the way you want to do business. 2. Communicate operating philosophy. Superior customer service tied to people-skill development is critical to organizational success. Managers-at all levels-need to communicate the operat philosophy throughout the organization. Several vehicles can help plug employ into the organization's commitment to the customer. These include: • Operating plans to provide a basis for how the organization does business • Education programs that convey the philosophy to employees • Regular meetings that help carry and reinforce the message through the r< • Company publications, bulletin boards, and other written forms of communication from management that reflect the operating philosophy • Management leading by example on a day-to-day basis (easily the most effective method of communicating an operating philosophy) • Performance plans that are written so each employee knows how this philosophy relates to his or her particular area of responsibility. 3. Train and develop every person. Quality and service depend upon an organization's training and development programs for all employees-both at the entry level and on a continuing basis. F to any training, make sure you have the right set of talent in your organization 4. Measure performance, supply feedback. One of the most critical jobs is setting priorities-narrowing tasks so the organi2 knows what's required. This means having a clear set of goals, objectives and IP measurements. Once in place, make periodic checks to see if these goals are b achieved. Many people set objectives, but few sit down to a day of reckoning. organization must continually check in with customers to ask, "How are we doi Every function within the organization exists to satisfy the customer, and this t http://www.minnesotatechnology.org/publications/techtrends/2003/February/printVersion.asp 3/5/2003 TechTrends e-Newsletter 1 February 2003 Page 6 of 6 with employee responsibility. 5. Give rewards and recognition. Employees should be recognized for the contributions they make toward creating customer commitment. Organizations should not think of monetary rewards alone as forms of recognition. A special luncheon or night out for the employee and spouse, a "hero-of-the-month" award, or even a simple thank you for a job well done from management are strong motivators as well. —Kim Rock is a manufacturing specialist at Minnesota Technology's Fairmont office. You can reach him at krock@mntech.org. NIST Network MEI' Affiliate Home I Contact Us I Site Map I Privacy Policy I Terms of Use © 1994-2003, Minnesota Technology, Inc., All rights reserved � ...w.....e.bmaster@_mntech.org PHONE: 612-373-2900 or 800-325-3073 FAX: 612-373-2901 http://www.minnesotatechnology.org/publications/techtrends/2003/February/printVersion.asp 3/5/2003 • City of Elk -�-� River MEMORANDUM TO: Economic Development Authority FROM: Catherine Mehelich, Director of Economic Developmen?' DATE: March 10, 2003 SUBJECT: MN Investment Fund Grant Application — Sportech Expansion Issue The City Council has authorized staff to submit a MN Investment Fund grant application to the MN Department of Trade &Economic Development (DTED). The grant funds will be used to provide a loan for the Sportech, Inc. expansion project. • The DTED funds are part of the Small Cities federal funds. The use of the federal funds requires the City to meet federal program requirements, such as completing an environmental assessment, and providing benefit to low-moderate income. If the City retains the repayment of the funds, after loaning to a business, the funds retain the federal designation and guidelines forever. Completing the federal program requirements for each re-use of the funds can be often times unnecessary and time-consuming to a project. The City can avoid the federal program requirements on the reuse of the funds by requesting authorization to transfer federal Small Cities funds to a Local Development Organization (LDO), such as the EDA or HRA. The request must be made by resolution of the City Council and submitted to DTED for approval. The federal requirements would have been met on the first loan to business, Sportech, so the LDO would not have to comply with federal requirements on the reuse. DTED asks that the LDO utilize policies and procedures for the reuse of funds for similar activities,but without the federal requirements attached. No further reporting is required to DTED. Recommendation Staff recommends that the EDA request that the City Council consider making a request from DTED to designate the Elk River Economic Development Authority in the City of Elk River as a Local Development Organization (LDO), and authorize the EDA to receive the repayments from the MN Investment Fund SCDP Set-Aside loan to Sportech, Inc. • FrI Ill•1116 b. I pot glailivik; 16))• ...... gitM.flI_=1.1S. a 0 �� .. luil nal 21 141 CI) ill41 •r .Itt piP III b pnuw1 -10 1 I (0...4,1 Alb sik.za,r. �� (n ID .... 1,1 III a) i5 111111110111M a) ral ipt will 516•111111±m6•11 # ues _ 0 , a .0� Iu11 4' - ♦ ® �■ ° . m ' IM*0�� ip �4�11111LII41i= ad- .t . 2 _®Imi11 , 111,,ifilli,� _ii, '_ems Minrn , _14 .,teerl :; WZGIC al MIR '.. i '.:m.. I ' f"ifillif -211-1\I(-4.111.111r,s,Telli. I, 11,.. ItimisW C13 --iii X11■...__•: 112011Eri :'''f':'''. :': FS \ qii t7 a pionin ,r•i::l' 41 (' ! � �IIIII�� :ilio i-® � ■a-._ 1 'I ale Im X1111 Ii!!P' —:1 En.EI I IM =-► >+391 /yam - Env r-4-=1� ;; z ,wom ;) co alPI, III e i::i�° ,Ir 1 :::::-'M se ®/ / L .,...® �"1/1 - -eFir Nom. (14 1 MONNE 11.11 1.1 –- in___L_ 13.. rf V mut MI NI - ..il a iElba ii.■ ==_i;;': ,c In x.11 1®1'1111 =..�-tat :esCid 1110 z° 0 (t$ bill)] 1 I I I ..,, r. va was wirrAhl CD 03 Cliai MIMI NM 1=1111111 -'111M•El W , al Z M�\ mo_ -IP i is- n■ Q a♦ sour. RIED 1 1 1 111111 ■.■. �I®r im..1111 gm - , II Illiftm LAP III mum NEM EN NM in a mil II MUM Man. a., AR aminsira .1111 .•S r 'I ■d71�1+ot .,; ■gym ■•,;. I I I I��■ � 11 ias111•1111111 1.1"�.I I IiI JJ■ ■■OW .011.11 �-lm i ���Qlll .�UNI � it ®,�owo "lift- Z ,or.F „....._....._ ./..Cot:LI,P i Summary of Industrial Parks Ramsey has six industrial parks with several parcels available for im- mediate high quality industrial development. Quick Reference of Available Industrial Parcels AEC Energy Park: (County Road #56, County Road #116, Sunwood Drive) 27-32-25-42-0006 6 acres 27-32-25-32-0008 17 acres 27-32-25-31-0015 6.2 acres Business Park 95: (County Road#57, County Road#116, U.S. Highway #10) 35-32-25-21-0012 5 acres 35-32-25-24-0020,0021 3 acres 35-32-25-22-0014 .88 acres 35-32-25-22-0017 .88 acres Gateway North Industrial Park No. 5: (County Road#116, 143rd Avenue) 34-32-25-21-0012 4.2 acres (located adjacent to Gateway North) 27-32-25-43-0016 7.8 acres 27-32-25-43-0017 3.65 acres Sunfish Lake Business Park: (County Road#57, Sunwood Drive) (PIN numbers are not available at this time) Lot 1, Block 1 14 acres Lot 2, Block 1 4 acres Lot 4, Block 2 4.5 acres Lot 1, Block 3 2.5 acres Sunfish Gateway: (County Road#57) 34-32-25-11-0036 2 acres West Ramsey Industrial Park: (U.S. Highway#10, 156th Avenue) 19-32-25-22-0004 Lot 2, Block 1 2.3 acres 110 INCENTIVES/SUPPORT • For BIG LAKE INDUSTRIAL PARK ROSPECTS > Land: The Big Lake EDA will make land available at a negotiated price. > Infrastructure: Infrastructure is already available. Assessments are to be paid by the property owner and reimbursed by the EDA. > TIF: The EDA may consider assistance for site prep and other eligible expenses.* • > Low Interest Loans: The Big Lake EDA offers economic development loans (below market rate financing) for fixed assets. > Training: The EDA will cooperate in exploring employee training needs and programs with appropriate agencies and institutions. * Such assistance is subject to availability of increment as well as building value, size of building and size of lot for the project and the number of jobs created. • DIG LAKE INDUSTRIAL PARK EAST Industrial Park East is unique in that it is jointly owned and developed by Big Lake City and Big Lake Township. It is believed that this is the first such cooperative venture and may be the only joint Township and City Industrial Development Project in the State of Minnesota at this time. FACTS > Size: 72 acres less roadway for U.S. Hwy 10 • Developable Land: 50.20 acres > Cost to Develop: Approximately $800,000 > Number of lots: 13 > Number of Jobs in the Park at full development: 300 F 1'h (Full-Time-Equivalents) ➢ Expected Private Sector Investment at full development: $11 to $13 million • GOALS ESTABLISHED AT THE ONSET OF THE PARK > Jobs per acre: 5 > Land to Building Ratio: 4:1 sq. ft. > Developed Land Assessed Value: $250,000/acre > Open Storage: No > Years to Pay Back Incentives: 5 to 6 > Percent of Building Coverage on Lots: 50% > Transportation Projects: No > Return on Investment: Approximately 17% • JIM THARES r✓ y COMMUNITY ' ECONOMIC ^ F ! ► ,ti, �. ,4r'.' l .. •CITY 0 DEVELOPMENT _ 3 L' 11 s~ay= ' DIRECTOR tidr-• y i y.. 11 4,1 'I - ' 160 LAKE STREET N.,BIG LAKE,MN 55309 '� ' �A PHONE:(763)263-2107•FAx:(763)263-0133 :. �1,, N 1 r {{ ' d E-MAIL:jimt�lci.big-lake.mn.us Web site:biglakemn,org ci N t 2 16 a I. 4 '- F// ? L p =; _. I = of ., i --;4! I ICC -: w$ g)1 s, y ` J 1 `t WM �' ,`��Yj ZS.1 r �V\?� I R€ "1�/ R tZ '735 '♦/t 'M'S '1'/l 'M•N rT a...,—........i.........1.) y 1)1c1T-' .g �\. ./ az 535 •v/1 7S y/' 3 H 3N11 t + HI.y (( t L`- -4°�iLL L , _ �N..�rs. la 1 +I CE r moi'+r,`. '.° - .1�M•"� "s a. IP g irici a. •� w V}' t ' . =r U � I. „.. •Ye I -NT } • � C] F•, iii; 411 R, I —Et I g/1 el �� e )/ L_ 147.2,• •� ��. ,1 •, .. C� b( �Z'i � i: :' . 1 bw,ai $ 1'. 1 kJ I t i r -r/�'.ir/tr f` 1"''' ....''/ rri„y� y4 trt G') '" I ♦0 Q j I ,," 40". rr �; 11 R f :j Fr �r so . a 0 1 M 47'.1mt,•s 7 y y �I b $F y �, L ' L_ .t i-----••"-.---- �-�� r''S r r B S 1 1 1 1 ri r.-.-2-....... r g d II 6t•ItRQ ... � t YLI Rl't s. � ,••t� I'�6 ��` v s.. • o 3 1 i T ! = - B 0 n r--1117ArLlfuii-- R -r• .i F r g ' ¢ J a N .,. 0.r •� o s t t—3`� 3 J _j'• •$ . W ` �''• . n t'2 t x ;• N - e Si 1 : 1 '► co ,g • W 0 8 --I r t O �• t ig ,,iI 2 • C) I' 1 i 3 is I Di I O : r Sr, t �1 ? r.0 % 'x rs1Rai � � 4 ,z , - __�_ I+\cafl, 1531, 1 rj G7 I N I ;s ial II +a tr- I tr ._ -� } �.�_� was_.- 1691[4___"1___44_ 96'�8i \ ! ij»,» 1t. 1 1 1 i i 3.FCd000N 1 1.0ICLIL ir.a�aa{ M .£"i 11..00 S .I l is SC G[ I _ R� f-, , , I 1 , 8 1 '': is ill4 imm IIIDIIII I• .i";a i , i...: - mi 'Iv /111/1 1a._-is- Big Lake Industrial Park East Projects Business Name Lot Size Building Size • A.J. Machinery 3.10 Acres 16,000 square feet 1 ATABOY Manufacturing I 2.20 Acres 20,000 square feet . '' ' Cargill Kitchens II 7.00 Acres 41,200 square feet r i Elk River Triple J Investments 2.30 Acres 30,000 square feet 1 LandCor Construction Phase II 4.10 Acres ! 48,000 square feet 1 LandCor Construction Phase II 4.00 Acres 48,000 square feet Thompson Woodworking 2.00 Acres 11,300 square feet - Whirl-Air-Flow • 5.50 Acres 48,500 square feet - Injection Mold Technologies 2.03 Acres 13,500 square feet 1 Totals ( 32.23 Acres I 276,500 square feet 4 ' Performance Measure S Goals Established at the Onset of the Park Current Status of Goals 1 Jobs per acre: (5 acres) 4.2 jobs/acre Land to building ratio: (4:1 sq. ft.) 4.6 sq. ft. n Developed Land Assessed Value: ($250,000/acre) $320,435/acre Open Storage: (Not allowed) None n Years to pay back incentives: (5 to 6) Not determined e ercent of building coverage on lots: (50%) 21.40% • transportation Projects?: (None) None Return on investment: (approximately 17%) Not determined Industrial Tax Base Trends i • $16,243,471 I5 l $18,000,000- 614,071,070 j I r 1$16,000,000- j 1 04. $14,000,000 I 1 .$12,000,000- 66,074,100 66,074,100 85,966,500 I I ' $10,000,000- ! .; .� I $8,000,000 ( ! 1 t $6,000,000- i i' f $4,000,000- ` j ,q;' $2,000,000- —41 I .r' 4` --• 1 -_i ' $0 1998 1,9,99. 299E 2001 2002 "" 4 5 III