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7.0. EDSR 06-09-1997 ITEM 7. :< a Paul Steinman Director of Economic Development Phone: (612)441-7420 Fax: (612)441-7425 Welcome to our website. I'm Paul Steinman, Elk Rivers Director of Economic Development. I also serve in the capacity of Executive Director of the Economic Development Authority(EDA)and Housing&Redevelopment Authority(HRA),the two economic development commissions working, under the umbrella of the City Council,to address numerous issues involving the economic growth of the City of Elk River. Hank Duitsman Phone: (612)441-3717 Pat D er, The Bank of Elk River Phone: (612) 441-1000 Fax: (612) 441-0847 Gene Schuldt, Sherburne County Phone: (612) 241-2600 • MENU iX H noEOph1xf4 ti ` • (Ito ahl ;ram z Avaird Jnd '',..;. 41r103. ' . tai . lnnl Space Traffic Counts k Micro Loan Pre y Bu sures 1nct bat zP igjh ' 1,Com ar so s e^39Near Ll�s.:totb soill, �,. • ECONOMIC DEVELOPMENT AUTHORITY The Elk River EDA is comprised of 7 members, 3 of which are appointed by the Mayor and the remaining 4 whom also serve as Mayor/City Council members: Pat Dwyer, Mayoral appointment EDA President Tom Bender, Mayoral appointment EDA Vice-President Larry Farber, Councilmember EDA Secretary Roger Holmgren, Councilmember EDA Treasurer Hank Duitsman, Mayor EDA Assistant Treasurer Jeff Gongoll, Mayoral appointment • Daryl Thompson, Councilmember �' The Economic Development Authority is generally responsible for all areas of industrial development, business retention and recruitment, and the following specific projects/programs: • Micro-loan fund • Tax Increment Financing program • Business Incubator project • Business Retention Survey program • • HOUSING & REDEVELOPMENT AUTHORITY The Elk River HRA is comprised of 5 members, 4 of which are appointed by the Mayor and the remaining 1 who also serves as a City Council member: = 'Y Gene Schuldt, Mayoral appointment HRA Chair Duane Kropuenske, Mayoral appointment HRA Vice-President Larry Farber, Councilmember HRA Secretary Stewart Wilson, Mayoral appointment Richard Hinkle, Mayoral appointment The Housing&Redevelopment Authority is generally responsible for all areas of 1111 downtown development and redevelopment and the following specific projects: • King &Main site redevelopment project p • Riverfront Pathway project • Minnesota City Participation Program - 1st Time Home Buyers • Demographic Statistics City of Elk River, Minnesota 1997 vs r� a • ry �# naww�wx ssh, SII ter, „ " 2# Prepared By: Economic Development Department • Population Distribution 1990 Total Population 11,143 SEX Male 5,538 Female 5,605 11,143 AGE (in years) Under 5 1,032 5-17 2,582 18-20 493 21-24 616 25-44 3,965 45-54 1,086 55-59 307 60-64 252 65-74 404 • 75-84 275 85 and over 131 11,143 Median Age Elk River 28.9 years Sherburne County 28.6 years State of Minnesota 32.5 years Race Number Percent White 10,989 98.62% Black 19 0.17 American Indian, Eskimo or Aleut 53 0.48 Asian or Pacific Islander 49 0.44 Other Race 33 0.29 TOTAL 11,143 100.00% Source: 1990 U.S.Census • • Population Estimates City of Elk River Year Estimate 1960 1,763 1970 2,252 (+27.7%) 1980 6,785 (+201.2%) 1981 6,897 1982 7,077 1983 7,214 1984 7,426 1985 7,685 1986 7,951 1987 8,945 1988 9,701 1989 1990 11,143 (+64%) 1991 11,705 1992 12,223 • 1993 12,405 1994 12,811 1995 13,286 1996 14,859 2000 18,000 Source: U.S.Census,State Demographer's Office,City of Elk River Retail Sales 1989-1994 Sherburne City of P• ercent of County Elk River County Sales 1989 $165,364,778 $112,182,838 67.8% 1990 177,604,594 115,815,747 65.2 1991 152,444,328 96,058,726 63.0 1992 174,765,296 92,495,224 53.0 1993 197,403,556 105,515,609 53.5 1994 225,752,023 135,851,496 60.0 Retail Sales 250 200 4 � ®Sherburne c 150 County — 100 50 I. a, o �., c., ■atyof ek co rn rn rn rn rn River 0) ,-- year 0Percent of County Sales 60.0% 67.8% ®1989 •1990 53.5% ❑ p1199129 65.2% •1993 vonir 53.0% L!1994 63.0% 410 Source: Tax Research Division,Minnesota Department of Revenue Elk River Retailers 1993/1994 Retail Sales Number of Type of Retailer Retailers Gross Sales 1993 1994 1993 1994 Lumber,Hardware,etc. 12 13 $ 8,529,220 $ 9,750,650 Food Stores 7 9 34,14,243 36,838,626 Auto Dealers,Service Stations 19 21 38,736,146 57,498,381 Apparel and Accessory Stores 5 5 1,260,182 1,002,972 Furniture/Home Furnishings 12 17 1,065,656 2,178,736 Eating/Drinking Establishments 19 20 8,074,256 8,743,902 Miscellaneous Retail 135 133 13,707,906 19,838,229 TOTAL 209 218 $105,515,609 $135,851,496 S Source: Tax Research Division, Minnesota Department of Revenue 0 • New Housing Units 1980-1996 Single Twin Year Family Homes Townhouses Apartments Total 1980 26 0 0 0 26 1981 29 0 22 0 51 1982 30 0 34 0 64 1983 64 2 0 0 66 1984 76 4 16 0 96 1985 118 10 14 82 224 1986 149 14 8 126 297 1987 213 14 0 122 349 1988 236 0 20 61 317 1989 198 0 4 56 258 1990 125 8 0 131 264 1991 107 0 4 0 111 1992 107 8 0 23 138 1993 122 2 2 53 179 1994 157 18 0 0 175 1995 173 26 0 68 267 • 1996 210 26 0 0 236 TOTAL 2,140 132 124 722 3,118 Source: City of Elk River 0 • Existing Home Sales Elk River, Minnesota 1996 1995 1994 1993 Number of homes sold 267 238 216 211 Average listing price $122,409 $110,663 $109,115 $104,899 Average selling price $120,787 $109,269 $107,014 $103,197 Median sale price $113,500 $105,000 $101,750 $100,000 • Source: Regional Multiple Listing Service of Minnesota • Construction Value • Residential 1992-1996 .: {' EES' '- 30 0 ' `', E( ," 5�E3 ^E 0 ,,,,, ,,,,,' ''//' ' .'',7 ,-,,,,?';',', ' ' °''.*"/; 25 20 a I c 15 id>,r .2 10 w:/ a moo' '''''''11;' L'44 , 5 0 1A1 0 1992 1993 1994 1995 1996 Year III Commercial/Industrial 1992-1996 16 0,_ - ,' '- , ,:;`!$--,- ,„7,,„„ slit f 14 icy; ,i 12 10 0 • c �7 � � 0 NEI Y •-ma "Y x f F S 4 4 ,,,,,,r 1 Orr I ; 011$' no m w 0 0 1992 1993 1994 1995 1996 Year Source: City of Elk River 110 • Occupations and Industrial Classifications Elk River Residents Occupation of Employed Persons (Employed Persons 16 Years of Older) Number Percent of Persons of Total Managerial and Professional Specialty Occupations 1,212 22.04% Technical,Sales, and Administrative Support Occupations 1,771 32.22 Service Occupations 645 11.74 Farming, Forestry, and Fishing Occupations 120 2.2 Precision Production, Craft, and Repair Occupations 875 15.92 Operators, Fabricators, and Laborers 873 15.88 TOTAL 5,496 100.00% Industrial Classification of Employed Persons 11111 (Employed Persons 16 Years and Older) Number Percent of Persons of Total Agriculture, Forestry, Fisheries and Mining 120 2.20% Construction 479 8.71 Manufacturing 1,186 21.58 Transportation, Communications, and Other Public Utilities 434 7.90 Wholesale Trade 200 3.63 Retail Trade 864 15.72 Finance, Insurance, and Real Estate 384 6.98 Services 1,699 30.91 Public Administration 130 2.37 TOTAL 5,496 100.00% Source: 1990 U.S. Census • Annual Property Tax Survey The Citizens League and the Minnesota Taxpayers Association analyzes property taxes for non-agricultural homes in the Twin Cities metro area and non-metro Minnesota in communities with a population of at least 2,500. The survey is based upon 1996 property taxes on a hypothetical $105,000 home. Elk River is considered a non-metro city in this survey. In 1996, Elk River had the eleventh lowest property taxes of the 129 cities and townships surveyed. The following ranking shows the five non-metro cities (excludes townships) with the lowest property taxes: Delano 1,468 Elk River 1,483 Red Wing 1,501 Owatonna 1,506 ID Park Rapids 1,519 The five metro cities (excludes townships) with the lowest property taxes in 1996 are: Forest Lake 1,559 Afton 1,559 Mendota Heights 1,578 Ham Lake 1,591 Lakeville 1,593 Source: Minnesota Homestead Property Tax Review 1996 (Minnesota Taxpayers Association) • Housing Units 1990 Total Housing Units 3,887 Percent Owner Occupied 74.5% Percent Renter Occupied 25.4% HOUSING VALUES Less than $50,000 70 $50,000-99,999 1,559 $100,000-149,999 507 $150,000-199,999 102 $200,000-299,999 29 $300,000 or more 2 Median value $86,000 • • Source: 1990 U.S. Census 06/04/97 12:03 FAX 13202599404 DMR 1j01 I )[iu ' ITEM 8. x PIONEER TELEPRODUCTIONS June 4, 1997 City of Elk River Paul Steinman FAX: (612)441-7425 Dear Paul, Thank you so much for your phone call yesterday regarding updating your City video. I know you have had much expansion over the last four years. Congnnulations!I Alter reviewing the fax you sent up and taking a look at the programa,we have outlined the below budget for updating this program. Since there looks like a lot of additions,we feel it would be beneficial to re-cut the whole audio track so that we can match the new video with the old in a flowing manner. That would also means re-writing portions to coincide with the additions. We can handle all of that for you. With that in mind,here are the members we can up with for completing this re-edit: ID PROJECT COST PER UNIT ESTIMATED TIME TOTAL ScriP — --- $ 100.00 Location Production $1265 per day V.day $ 650.00 On-line editing $110 per hour 10 hours $1,100.00 Graphic Production $65 per hour 2 hours $ 130.00 Plrofeadonal Narrator — — $ 200.00 1,1_5_0.00 TOTALALFOR PROJECT — — $2,330.00 The original cost of the video was $5,890.00 plus expenses,so it looks like we can get a whole new video for about 1/3 of the price. This budget gives us the flexibility to create a fresh looking piece. Paul,thanks again and please give me a call with any questions or concerns. Since everything is and looking good right now,so we should probably move on this pretty soon. ;! • Sine- 1y, • s ; Barth President DMR/Pioneer Teleproductions 110 10th Ave. N • St, Cloud, MN 56303-4634 • Phone (320) 251-3940 • 1-800-851-3935 • Fax (320) 259-9404