Loading...
2.1 EDSR 10-15-2018 The Elk River Vision A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community engagement that encourages and inspires prosperity Request for Action To Economic Development Authority Item Number 2.1 Agenda Section Work Session Meeting Date October 15, 2018 Prepared by Amanda Othoudt, EDD Item Description EDA Goals and Implementation Strategies Reviewed by Cal Portner, City Administrator Reviewed by Action Requested Discuss goals and implementation strategies. Background/Discussion At their May 25, 2018, and June 18, 2018, work sessions, the EDA reviewed the current strategic plan, conducted a SWOT Analysis and produced three goals, summarized below to be implemented by staff over the next five years. Identified Goals by Year 1 1. Improve communication, clearly articulate current city process and improve our customer service. Identified Goals by Year 3 1. Identify industrial land options for development by possibly partnering with landowners. Identified Goals by Year 5 1. Create opportunities and capitalize on the synergy of the 169 Redefine project. Staff is looking for direction from the EDA on implementation strategies to reach these goals. Financial Impact N/A Attachments  Strategic Plan 2016-2020  SWOT Analysis  EDA Goals Summarized (June 18, 2018)  EDA 2019 Budget  EDA Goals 2019 1 2016-2020 EDA/HRA Strategic Plan BUSINESS DEVELOPMENT Attract new businesses and support existing businesses to increase the city’s industrial tax base, commercial tax base and employment base. INDUSTRIAL STRATEGIES  Promote available sites, encourage business retention and expansion to grow existing light industrial base with business recruitment/attraction techniques  Diversify economic base to include professional services, corporate campuses, energy- related companies, and technology businesses  Review existing programs, resources, and services and recommend improvements to increase competitive advantage and support goals  Explore creative economic development collaborations  Utilize Energy City and its tools to recruit new and assist existing businesses COMMERCIAL STRATEGIES  Promote available sites, encourage business retention and expansion to grow existing commercial base with business recruitment/attraction techniques  Diversify economic base to include a wide variety of retail and service industries, as well as additional fine dining opportunities  Review existing programs, resources, and services and recommend improvements to increase competitive advantage and support goals  Explore creative economic development collaborations  Enhance commercial district through business recruitment and activities ACTION STEPS • Complete minimum of one BRE visit a month with participation from EDA/HRA and Council members (manufacturers and top employers) and distribute Business Finance Toolkit, Available Sites, Community Profile, Energy City Brochure, Business Recycling Toolkit and other pertinent information. • Promote available sites through exhibits at various expos (minimum 2x/yr.) • Utilize 171st FAST implementation plan to create a marketing piece for Nature’s Edge Business Center and an annual redevelopment action plan to monitor progress of implementation • Partner with ERMU to identify applicable rebates for available city-owned property 2.3. attachment 2 Comment [OA1]: Staff Exceeds this by completing 2 BRE Visits per month on average. Comment [OA2]: Staff Exceeds this by attending 6+ exhibits/expos per year Formatted: Highlight Comment [OA3]: Energy Rebates are offered by ERMU. Formatted: No underline 2 • Promote applicable incentives through direct mailings (minimum 3x/yr.) • Promote Elk River to the restaurant industry through website (www.elkrivermn.gov/restaurants), direct mailings, Constant Contact email blasts and other marketing venues • Partner with Elk River Area Chamber of Commerce to coordinate Chamber goals with economic development goals through various implementation tasks • Utilizing economic development publications make contact with businesses looking to expand, relocate, etc. • Review Micro Loan Program and recommend improvements to increase competitive advantage and support goals • Partner with ECC and ERMU to explore a joint incentive to attract energy-related technology businesses • Partner with local schools and manufacturers to hold quarterly meetings to encourage students to explore a career in manufacturing through plant tours, youth apprenticeship programs, energy city tours and programs, and job shadowing • Update a powerful website for the Elk River Economic Development Department and the Housing and Redevelopment Authority. Provide analytic reports on a quarterly basis. • Demonstrate support for existing manufacturers and raise awareness regarding their impact on the community through various promotional activities and tours during Minnesota Manufacturers Week • Identify target industries (e.g. craft brewery, manufacturing and medical device, etc.) and create specific marketing pieces to identify advantages and programs to assist in business recruitment • Host quarterly Manufacturers’ Connection events with local manufacturers to promote financial incentives, resources and relevant topics to promote business retention and appreciation • Produce an energy conservation best-practices brochure to provide to businesses • Coordinate with Energy City to plan and market energy city events e.g. Energy City Business of the Year • Partner with Energy City and the Streets Department and continue to promote proper disposal of Fats, Oils and Grease through videos, flyers, emails, social media, and other media • Host and Promote a quarterly business rountable event with local business leaders and community stakeholders. • Partner with the Elk River Area Chamber of Commerce to hold annual event to promote economic development resources and incentives (Juice Up Your Morning, Chamber luncheon, Money Breakfast, etc.) • Continued contact and relationship development with Twin City commercial real estate brokers/developers Formatted: Highlight Comment [OA4]: Done through Facebook Ads/Website Comment [OA5]: They attend BRE Visits, partner with the city on Workforce Strategies Comment [OA6]: Staff advertises in 10 publications annually Comment [OA7]: Added new brewpub/taproom microloan Comment [OA8]: ERMU will be implementing new Data Center Rate in 2018 Comment [OA9]: Completed Manufacturing Video in partnership with the ER H.S. Comment [OA10]: Google Analytic Reports submitted to the EDA quarterly Comment [OA11]: Promoted MN Manuf. Week on FB, Website, and through Council Proclamation. Comment [OA12]: Targeted Area Brochures, Signature Packet Marketing Materials Completed in 2017. Comment [OA13]: Planned workforce strategy roundtable discussion in May Formatted: Highlight Comment [OA14]: Flyer Complete, hasn’t been updated in a few years… Comment [OA15]: Workforce Strategy Roundtable Discussions planned each year Formatted: Highlight Comment [OA16]: Attend MNCAR Expo and MNREJ Events Each Year. Awesome Opportunity to network with Brokers/Developers 3 REHABILITATION AND REDEVELOPMENT Undertake strategies that facilitate rehabilitation and redevelopment of aging commercial, industrial and residential areas to ensure private reinvestment and sustainability. COMMERICAL/INDUSTRIAL STRATEGIES  Maintain a listing of available commercial /industrial sites  Promote available sites through various marketing initiatives  Identify and examine potential areas for revitalization  Review existing programs, resources, and services and recommend improvements to increase our competitive advantage and support goals  Enhance downtown commercial district through business recruitment and people- generating activities  Develop and implement a blighted properties program for both commercial and residential properties ACTION STEPS • Identify target areas for the blighted properties program • Partner with downtown business association and civic groups to promote existing and explore new downtown activities (i.e. BNI, Chamber Connections, etc.). • Partner with Elk River Area Arts Alliance to explore funding concepts for an arts center within the downtown study area • Create and distribute a survey to businesses to identify recommended improvements to existing programs, resources and services, in addition to identifying preferred methods of communication to improve Elk River business climate • Identify current property owners’ and businesses’ interest in redevelopment efforts both north and south of HWY 10 and in 171st Focused Area Study area • Create a redevelopment policy regarding capitalizing the HRA development fund and identify parameters for purchasing parcels • Create and distribute comprehensive business directory to promote downtown Elk River • Update short videos promoting available sites and applicable initiatives to distribute through social media outlets, constant contact and website Comment [OA17]: New Programs Implemented in 2016 Formatted: Highlight Comment [OA18]: No longer in operation. Comment [OA19]: In process. Formatted: Highlight Comment [OA20]: Implementing the Mississippi Connections Plan for Redevelopment Efforts Comment [OA21]: Work in partnership with Downtown Association Comment [OA22]: Several Short Videos have been made and broadcasted on FB, website and other Social Media platforms. 4 RESIDENTIAL STRATEGIES  Maintain listing of vacant/foreclosed properties  Address housing gaps with Comprehensive Housing Market Study recommendations  Proactively review neighborhoods annually to ensure all home are properly maintained through the code enforcement process  Seek and promote available programs to improve existing housing stock and incentivize homeownership through CMHP  Provide educational opportunities regarding foreclosure prevention and housing assistance programs by developing brochures/pamphlets ACTION STEPS • Distribute MN Home Ownership Center foreclosure prevention, Energy City conservation brochure, and Elk River Housing Toolkit information to local lenders, realtors, churches, non- profits, builders, etc. (minimum 4x/yr.) • Partner with applicable non-profits (MNHOC, Tri-CAP, etc.) to hold educational events to promote foreclosure prevention and housing programs (minimum 2x/yr.) • Continue to partner with the CMHP housing organization to fund and support a selective housing removal and rebuilding program • Host an annual Realtors’ Day to educate realtors about the programs, processes and amenities offered by the city Comment [OA23]: Brochure available in the lobby. Comment [OA24]: Will be partnering with CMHP this year to host Home Ownership Seminars and Foreclosure Prevention Seminars Comment [OA25]: Staff continues to implement the rehab program. Program continues to be successful. Comment [OA26]: Held Annually in the Fall. 5 COMMUNITY BRAND Utilize community brand strategies to effect necessary changes to strengthen and enhance community image STRATEGIES  Continue to implement and enhance marketing plan that reflects the Powered by Nature brand, identifies desired target market(s), and complements other local efforts to promote the community internally and externally  Maintain existing and build new community support for the Powered by Nature brand  Establish benchmarks for performance measurement ACTION STEPS • Distribute window clings and larger windows signs of the logo • Promote the brand, engage residents, and distribute materials at expos (3x per year) and at events such as Realtors’ Day, Leadership Elk River, and Manufacturers Connection • Create profiles on first-tier business owners in Salesforce – a tracking software used to record information on local businesses and visits • • Benchmark the impact of the Powered by Nature brand with data from Google Analytics and a search engine optimization analysis. • Promote Public Art Installation and research opportunities to expand public art within the city. Comment [OA27]: Brand Implementation has discontinued. Comment [OA28]: Staff is exploring a Public Art Component in DT ER. 6 TRANSPORTATION Advocate and support proactive planning for improvements to the local and area transportation system in a way that will support existing businesses and complement new economic growth. STRATEGIES  Advocate regional and local transportation improvements  Encourage transportation improvements as part of redevelopment/development opportunities  Support efforts to leverage local funds with state/federal resources ACTION STEPS (submitted by City Engineer) • Increase contact with legislators for state highway transportation improvements • Complete low cost/high benefit enhancements to improve traffic flow through the existing street intersections • Advocate for the continued use and expansion of Northstar commuter rail service. • Continue implementation of transportation improvements as detailed in the 171st Focused Area Study • Assure all proposed development improvements are consistent with our local and regional transportation plans. • Leverage State and Federal investment for mobility improvements to TH 169 and TH 10 with the already spent local dollars for the planning of improvements to these sections. • Evaluate all available grant opportunities to determine if the local matching amounts are a cost effective and feasible solution to support our objectives and strategies. • Promote the Quiet Zone, Northstar Commuter Train and Bike paths. Comment [OA29]: Staff working with Engineering Dept on this issue. Comment [OA30]: Engineering currently does this. Comment [OA31]: Northstar Committee is inactive. Comment [OA32]: Engineering currently does this. Comment [OA33]: Part of Site Plan Review Process. Engineering Comments on this item. Comment [OA34]: City Engineering Dept applied for State Grant dollars in 2018 Comment [OA35]: Identified and Complete. Comment [OA36]: Quiet Zone Complete. EDA SWOT Analysis (May 25, 2018) Strengths –  Image and Public Safety  Municipal/Utility – Reliability  Community of Elk River is a selling point, Parks and Environment, Accessibility to Natural Resources  Good Infrastructure  Schools and Reputation  Workforce  Sales Tax Study showed that just as many people are going out, as they are coming in. We are not just a bedroom community anymore.  Greater MN versus Metro Weaknesses  Articulating the process, candid, clear, and complete direction  Inventory of properties  Long Term Vision  Greater MN versus Greater MN  Transportation Corridor – Rush Hours Opportunities  Market the stigma that we are in the “boonies”, but not far from the metro  169 Expansion to the north  Marketing the quality of life, tranquility  Good Programs Available  Amount of available gravel mining property to the north  Pull workforce from St. Cloud/Metro – 45 Mile Radius  Market the 530 Acres of Land Available – Gravel Mining Threats  We seem to be closed in, good old boy town  Development of St. Michael/Albertville on I94 – Competing Neighboring Community  Potentially High Tax Rate compared to others – (would like the comparison sheet)  Identified Process – Break down the communication silos  Stigma – of not business friendly EDA Goals Identified Goals by Year 1 1. Improve communication, clearly articulate current city process and improve our customer service. Identified Goals by Year 3 1. Identify land options for development by possibly partnering with landowners. Identified Goals by Year 5 1. Create opportunities for development and capitalize on the synergy of the 169 Redefine project. 10/12/2018 Dept:Economic Development Authority Acct.2015 2016 2017 No.Actual Actual Actual Detail Total Detail Total PERSONAL SERVICES 4101 Regular Pay 69,319 84,571 89,871 94,850 101,850 4103 Part-time Pay 13,579 12,600 12,600 12,600 12,600 4104 PERA 5,406 6,535 6,830 7,450 7,750 4105 FICA 4,634 5,448 5,747 6,650 7,000 4107 Medicare 1,136 1,318 1,390 1,550 1,650 4108 Insurance 8,620 10,735 11,691 12,550 16,200 4109 Workers Comp 278 398 406 500 550 TOTAL PERSONAL SERVICES 102,972 121,605 128,535 136,150 147,600 SUPPLIES 4201 Office Supplies 3,690 4,310 1,307 3,400 2,100 Office supplies 1,500 1,100 Computer Software/Licensing (MNCAR, Sketchup, etc.)1,900 1,000 4212 Fuels & Lubes 184 120 45 400 200 Unleaded gas 400 200 TOTAL SUPPLIES 3,874 4,430 1,352 3,800 2,300 OTHER SERVICES & CHARGES 4304 Legal Fees 388 8,951 6,525 11,000 7,000 Misc.11,000 7,000 4319 Other Professional Services 17,000 2,000 ED Strategic Plan 4321 Telephone 911 922 1,211 1,000 1,000 Cell phone reimb. (Colleen - $30/mo)400 400 Cell phone w/hotspot (Amanda - $50/mo)600 600 4322 Postage 250 278 302 300 350 Marketing mailings 300 350 4331 Conferences/Schools 14,729 18,632 10,319 12,850 11,500 EDAM 500 1,300 Annual IEDC Conference 2,700 Chamber Events 250 175 MREJ 400 375 MNCAR 150 CMMA 250 100 SLUC - Springsted 400 400 Ehlers 200 Site Selector Conference 2,500 2,550 Economix Spring/Fall 1,500 3,000 Misc. training 1,000 200 MADCE - (Data Center Conference)3,000 3,400 4349 Advertising/Marketing 78,109 72,945 69,286 73,400 71,850 Community Profiles 1,500 1,500 Advertising (Production & Publication)17,500 22,450 Direct Mailings - Mfg Week 1,500 200 Business Retention & Expansion Visits - Promo items 10,000 5,000 Special events 2,500 2,150 Sponsorships (City/EDA)11,000 10,500 Catalyst 2,400 4,100 Trade Shows & Lead Generation (includes travel)16,000 16,050 EDA Website (EDA share - 1/2 EDA & 1/2 HRA)5,700 5,700 Lead Forensics (Shared by EDA/HRA)1,200 1,200 2019 BUDGET 2019 BUDGET DETAIL SHEET Explanation/Detail of Supplies or Services 2018 BUDGET 10/12/2018 Dept:Economic Development Authority Acct.2015 2016 2017 No.Actual Actual Actual Detail Total Detail Total 2019 BUDGETExplanation/Detail of Supplies or Services 2018 BUDGET Promotion & Awards 1,100 1,100 Powered by Nature sponsorships 2,000 1,600 Holiday card marketing 1,000 300 4359 Publishing 149 258 350 350 Public notices, etc 350 350 4361 Insurance 45 87 63 100 100 Insurance 100 100 4433 Dues/Subscriptions 2,575 4,062 4,083 5,200 4,550 EDAM 450 500 Chamber 480 500 Constant Contact 300 CMMA 250 250 MNCAR 300 300 IEDC 820 700 Misc.300 Finance and Commerce 300 300 Rotary 250 250 MN Marketing Partnership 700 700 MAEDC 300 300 MPLS/ST Paul Business Journal 300 300 Greater MSP/Salesforce License 450 450 4440 Miscellaneous 11,882 88,900 4,776 48,000 48,000 Initiative Foundation 3,000 3,000 Wetland credit bank 45,000 45,000 TOTAL OTHER SERVICES & CHARGES 126,038 197,035 96,565 152,200 144,700 TRANSFERS OUT 36,600 38,000 4720 Transfers - - 66,000 4721 General Fund 32,000 34,800 34,800 36,600 38,000 TOTAL ECONOMIC DEVELOPMENT AUTHORITY 264,884 357,870 327,252 328,750 332,600 Division: Completed by: Date: Performance Measure 2017 Actual 2018 Estimated 2019 Projected Conduct BR&E Visits 24 24 24 Facilitate 4 Site Visits 2 3 4 Track percentage of applications processed in the Revolving Loan Fund 0.00%3.80%0.10% Division Performance Measures & Goals for 2019 Strategic Recruiting: Attend targeted industry (data centers, manufacturing, energy, medical device technology) trade shows, leverage opportunities with local companies. Identify key decision makers, provide FAM tours, coordinate development meetings with city/county/state. Partner with Positively MN, Sherburne County and ERMU. Promote available properties on MNCAR and MN Prospector. Attend Annual Site Selector Guild Conference. Continue to fund the wetland bank in order to facilitate new development where wetlands impede growth. Develop a strategy and vision for the CRT as part of the Cooridors of Commerce Project. Maximize and leverage DEED monies, Initiative Foundation, Sherburne County Revolving Loan Fund and other financial tools and incentives. Goal Objective/TaskDivision Goal Market the City of Elk River and gain positive exposure for the city Grow and maintain an inventory of private and public properties available for future development Maintain financial incentives to enhance economic development Economic Development Amanda Othoudt, EDD June 25, 2018 Develop and expand a microloan program to encourage 50 new green collar jobs by 2024 Increase by 5 the number of companies that are actively manufacturing products or components of products that are directly or indirectly used in renewable energy or energy efficiency by 2024 Work with ERMU and Environmental Departments. Celebrate and grow our existing businesses Work with ERMU and Environmental Departments. Conduct Business Retention and Expansion visits to local businesses. Coordinate with other city departments on the creation of a Welcome business packet/process. Re-establish a siting packet for businesses. Develop a Business Friendly/Siting" Elk River, MN…On the cutting edge Discuss Goals and Implementation Strategies:At over the next five years. Analysis and produced three goals, EDA reviewed the current strategic plan, conducted a SWOT their May 25, 2018, and June 18, 2018, work sessions, the to be implemented by staff EDA Work Session –October 15, 2018 Strengths Weaknesses Image and Public SafetyHoursTransportation Corridor Greater MN versus Greater MNLong Term VisionInventory of propertiesclear, and complete directionArticulating the process, candid, Greater MN versus Metroanymore.We are not just a bedroom community people are going out, as they are coming in. Sales Tax Study showed that just as many WorkforceSchools and ReputationGood InfrastructureNatural ResourcesParks and Environment, Accessibility to Community of Elk River is a selling point, Municipal/Utility –-–Reliability–Rush Elk River, MN…On the cutting edge SWOT OpportunitiesThreatsMarket the stigma that we are in the Stigma communication silosIdentified Process comparison sheet)to others Potentially High Tax Rate compared Competing Neighboring CommunityMichael/Albertville on I94 Development of St. boy townWe seem to be closed in, good old Gravel MiningMile RadiusPull workforce from St. Cloud/Metro to the northAmount of available gravel mining property Good Programs AvailableMarketing the quality of life, tranquility169 Expansion to the north“boonies”, but not far from the metro–of not business friendly–(would like the –Break down the ––45 – Elk River, MN…On the cutting edge SWOT Elk River, MN…On the cutting edge Identified Identified Identified Improve synergy of the 169 Redefine project.Create opportunities for development and capitalize on the with landowners.Identify and improve our customer service.Goals by Year 1Goals by Year 5Goals by Year 3land options for development by possibly partnering communication, clearly articulate current city process Developed Goals (June 18, 2018)