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Home My WebLink About2019-12-09 EDA Meeting PacketAGENDA MAPLEWOOD ECONOMIC DEVELOPMENT AUTHORITY 6:00 P.M. Monday, December 9, 2019 City Hall, Council Chambers A. CALL TO ORDER B. ROLL CALL C. APPROVAL OF AGENDA D. APPROVAL OF MINUTES 1. October 14, 2019 Economic Development Authority Meeting Minutes E. PUBLIC HEARING None F. UNFINISHED BUSINESS None G. NEW BUSINESS 1. Summary of November 16, 2019 Redevelopment Tour 2. Summary of November 25, 2019 Work Session with HEDC 3. 2020 Economic Development Authority Meeting Schedule H. ADJOURNMENT RULES OF CIVILITY FOR THE CITY COUNCIL, BOARDS, COMMISSIONS AND OUR COMMUNITY Following are rules of civility the City of Maplewood expects of everyone appearing at the Meetings - elected officials, staff and citizens. It is hoped that by following these simple rules, everyone's opinions can be heard and understood in a reasonable manner. We appreciate the fact that when appearing at Council meetings, it is understood that everyone will follow these principles: Speak only for yourself, not for other council members or citizens - unless specifically tasked by your colleagues to speak for the group or for citizens in the form of a petition. Show respect during comments and/or discussions, listen actively and do not interrupt or talk amongst each other. Be respectful of the process, keeping order and decorum. Do not be critical of council members, staff or others in public. Be respectful of each other's time keeping remarks brief, to the point and non -repetitive. THIS PAGE IS INTENTIONALLY LEFT BLANK A. D1 MINUTES MAPLEWOOD ECONOMIC DEVELOPMENT AUTHORITY SPECIAL MEETING October 14, 2019 Council Chambers, City Hall CALL TO ORDER A meeting of the Maplewood Economic Development Authority (EDA), was held in the City Hall Council Chambers and was called to order at 6:01 p.m. by EDA Chair Smith. B. ROLL CALL C. 111 E F Bryan Smith, Chair Present Marylee Abrams, Member Present Kathleen Juenemann, Member Present Sylvia Neblett, Member Present William Knutson, Member Present 1. Administer Oath of Office to Commissioners City Clerk Sindt administered the oath of office to Commissioners Abrams, Juenemann, Neblett, Knutson and Smith. APPROVAL OF AGENDA Commissioner Neblett moved to approve the agenda as submitted. Seconded by Commissioner Abrams Ayes — All The motion passed. APPROVAL OF MINUTES 1. Approval of September 10, 2018 Economic Development Authority Meeting Minutes Commissioner Abrams moved to approve the September 10, 2018 Economic Development Authority Meeting Minutes as submitted. Seconded by Commissioner Abrams The motion passed. PUBLIC HEARING None UNFINISHED BUSINESS None Ayes — Commissioners Smith, Abrams and Juenemann Abstain — Commissioners Neblett and Knutson October 14, 2019 Maplewood Economic Development Authority Special Meeting Minutes EDA Packet Page Number 1 of 19 D1 G. NEW BUSINESS 1. Organizational Meeting a. Election of Officers L President ii. Vice President iii. Treasurer iv. Secretary v. Assistant Treasurer City Attorney Batty reported on the item. Commissioner Juenemann moved to nominate Commissioner Knutson as President of the EDA. Seconded by Commissioner Neblett Ayes — All The motion passed. The gavel was handed to President Knutson to preside over the remainder of the meeting. Commissioner Juenemann moved to nominate Commissioner Smith as Vice President of the EDA. Seconded by Commissioner Abrams Ayes — All The motion passed. Commissioner Smith moved to nominate Commissioner Neblett as Treasurer of the EDA. Seconded by Commissioner Abrams Ayes — All The motion passed. Commissioner Juenemann moved to nominate Commissioner Abrams as Secretary of the EDA. Seconded by Commissioner Smith Ayes — All The motion passed. Commissioner Smith moved to nominate Commissioner Juenemann as Assistant Treasurer of the EDA. Seconded by Commissioner Neblett Ayes — All The motion passed. b. Documents to be Made Permanent Records L Notice of city council public hearing on adoption of modified enabling resolution ii. Minutes of July 22, 2019 city council meeting adopting modified October 14, 2019 Maplewood Economic Development Authority Special Meeting Minutes EDA Packet Page Number 2 of 19 2 D1 enabling resolution iii. Certified copy of modified enabling resolution City Attorney Batty reported on the item. No action required. c. Appointments L Executive Director ii. Assistant Executive Director iii. Attorney City Attorney Batty reported on the item. Commissioner Juenemann moved to appoint Melinda Coleman as its Executive Director Seconded by Commissioner Neblett Ayes — All The motion passed. Commissioner Juenemann moved to appoint Jeff Thomson as its Assistant Executive Seconded by Commissioner Neblett The motion passed. Commissioner Juenemann moved to a Chief Legal Advisor Seconded by Commissioner Abrams The motion passed. Ayes — All int the law firm of Kennedv and Graven as its d. Discussion/Adoption of Bylaws EDA Attorney Batty gave an explanation of the item Ayes — All Commissioner Neblett moved to adopt the bylaws as prepared. Seconded by Commissioner Abrams Ayes — All The motion passed. 2. Additional Business a. Approval of 2020 Budget Recommendation to City Council EDA Attorney Batty gave an explanation of the report. Commissioner Abrams moved to approve the request for $120,000 in tax levy funding from the city council. October 14, 2019 3 Maplewood Economic Development Authority Special Meeting Minutes EDA Packet Page Number 3 of 19 D1 Seconded by Commissioner Juenemann Ayes — All The motion passed. b. Staff Reports Executive Director Coleman reported on a meeting she attended with Councilmember Smith, Mayor Abrams and HEDC Chair Jenkins to discuss strategic planning with the council and HEDC to look at staff time and resources. She further reported on a development bus tour scheduled for MEDA and HEDC on Saturday, November 16, 2019. Assistant Executive Director Thomson reported on potential development projects for the City of Maplewood. No action required. c. Set Regular/Next Meeting Date Commissioner Abrams moved to set the next EDA meeting for Saturday. November 16, 2019 at 8:30 am or as soon after as people may gather. Seconded by Commissioner Juenemann Ayes — All The motion passed. Commissioner Smith moved to schedule a EDA meeting for Monday. December 9, 2019 at 6:00 pm. Seconded by Commissioner Neblett Ayes — All The motion passed. d. Agenda Items for Next Meeting The commissioners discussed adding an additional meeting with HEDC. Commissioner Smith moved to schedule a concurrent meetina with HEDC for Monda November 25, 2019 at 4:00 pm. Seconded by Commissioner Juenemann Ayes — All The motion passed. e. Other Matters H. ADJOURMENT President Knutson adjourned the meeting at 6:41 p.m. October 14, 2019 Maplewood Economic Development Authority Special Meeting Minutes EDA Packet Page Number 4 of 19 irl G1 MAPLEWOOD ECONOMIC DEVELOPMENT AUTHORITY STAFF REPORT Meeting Date December 9, 2019 REPORT TO: Melinda Coleman, Executive Director REPORT FROM: Michael Sable, Assistant City Manager PRESENTER: Jeff Thomson, Assistant Executive Director AGENDA ITEM: Summary of November 16, 2019 Redevelopment Tour Action Requested: ❑ Motion ✓ Discussion ❑ Public Hearing Form of Action: ❑ Resolution ❑ Ordinance ❑ Contract/Agreement ❑ Proclamation Policy Issue: Commissioners from the Economic Development Authority (EDA) and Housing and Economic Development Commission (HEDC) and staff participated in a development tour of metro area cities who have had successful development/redevelopments in those cities. Recommended Action: For discussion purposes only Fiscal Impact: Is There a Fiscal Impact? ✓ No ❑ Yes, the true or estimated cost is 0.00 Financing source(s): ❑ Adopted Budget ❑ Budget Modification ❑ New Revenue Source ❑ Use of Reserves ❑ Other: NA Strategic Plan Relevance: ❑ Financial Sustainability ❑ Integrated Communication ✓ Targeted Redevelopment ❑ Operational Effectiveness ❑ Community Inclusiveness ❑ Infrastructure & Asset Mgmt. Visited recent redevelopment projects in other communities in the Metro area. Background: The Commissioners and Staff toured redevelopments in four (4) cities in the Twin Cities Metro region. The tour left Maplewood City Hall at 8:30 AM on Saturday, November 16, 2019. The first stop was the City of Richfield where members looked at the Cedar Crossings Redevelopment. Next, the group drove past recent redevelopment in/around the Southdale Mall in Edina. The tour stopped at the Excelsior and Grand redevelopment in St. Louis Park. Finally, the group visited a redevelopment project in Robbinsdale. The tour concluded back at Maplewood City Hall at approximately 1:00 PM. A44achmanfc- 1. HEDC Work Plan 092912 2. Tour Handouts EDA Packet Page Number 5 of 19 G1, Attachment 1 Maplewood Economic Development Commission Economic Development Priorities, Implementation Activities and Timeline Economic Development Priorities Redevelopment The Maplewood Business and Economic Development Commission recommends actively exploring opportunities for redevelopment in three potential areas in 2013. Redevelopment is a multi-year process; the BEDC would lay the foundation by exploring market opportunities, building familiarity with business and property owners in the target areas, and determining the level of city support needed to stimulate new investment. St. John's Hospital Area: Growth is anticipated in the health care sector. The reuse of Gander Mountain by HealthEast reflects market interest in a location close to St. John's. Ancillary medical office buildings have the potential to generate significant property tax revenue as well as quality employment opportunities. The long term plans of St. John's and market potential for additional health care related development/businesses should be explored. • Gladstone (Frost Avenue and English Street): Historically, this area of the community served as a key commercial node in the community and is considered the original settlement site of Maplewood. However shopping, traffic patterns, retail formats and typical retail parcel sizes have changed, and market forces alone may not be sufficient to stimulate reinvestment. Highway 36 and English Street: Change is underway in this area with the major reconstruction of Highways 36 and 61 in 2013. This can serve as a stimulus for redevelopment within these key transportation corridors. Underutilized buildings, vacant parcels and redevelopment opportunities exist within this area. Business Retention The BEDC recommends that it undertake a business retention effort, with an emphasis on relationship building. Starting in 2013, the focus of retention efforts will be primarily on businesses in potential redevelopment areas. There are approximately 1,000 businesses in the three potential redevelopment areas, distributed as follows. • St. John's Hospital Area • Gladstone • Highway 36 and English Street Corridor Ideally, visits to redevelopment area businesses will involve one staff member and one volunteer. City staff would be responsible for scheduling and maintaining pertinent information; volunteers can bring a business perspective to the visit and send a strong message that the city cares. A simple interview guide should be developed to make sure that key information is gathered while creating an opportunity to listen to the business and build a relationship. It is estimated that staff capacity allows for approximately 3 visits each month. In addition, the BEDC recommends that the Mayor or City Manager notify GREATER MSP and Ramsey County that the city would like to be informed of visits in the community, so that it might send a representative of the city as part of delegation on visits to major employers. EDA Packet Page Number 6 of 19 G1, Attachment 1 Implementation Activities and Timeline The following implementation strategies and timeline are suggested. Third Quarter 2012 EDA Packet Page Number 7 of 19 a. Redevelopment areas broadly defined and agreed to by BEDC and EDA. b. Funds budgeted for market analysis in early 2013 c. Business lists developed for redevelopment areas; interview guides developed Fourth Quarter 2012 d. Develop and issue RFQ or RFP for market analysis for the three key market areas with preliminary redevelopment feasibility analysis to help determine the level of city support that may be needed to stimulate investment. e. Complete 3 business retention visits; review & refine the process f. Send letter to GREATER MSP and Ramsey County requesting that the city be invited to participate in business retention visits to major employers in the community First Quarter 2013 g. Retain consultant and begin market analysis & preliminary feasibility to determine level of city support needed to stimulate investment h. Conduct 9 business retention visits to businesses in the potential redevelopment areas Second Quarter i. Consultant completes market analysis and preliminary feasibility; shares results 2013 with EDC j. Conduct 9 business retention visits to businesses in the potential redevelopment areas Third Quarter 2013 k. Consider market analysis and preliminary feasibility. Develop a strategy for the potential redevelopment areas. Set priorities and determine the level of city engagement that may be needed to stimulate private investment in revitalization of these areas including the following: • Do nothing • ID area only & indicate city is receptive to redevelopment of the area • Create vision or physical concept plan • Conduct environmental review • Purchase property, assemble sites, clean-up sites, provide incentives for redevelopment • Align comp plan, transportation, zoning, design standards, development review process • Create implementation strategy based on market opportunities, catalyst sites, financing tools and funding opportunities • Share with neighbors & partners — e.g. area residents, business owners, Met Council, MnDOT, county, watershed district, others • Market to developers I. Review business retention process. Is it meaningful? Does the number of visits per month work well for staff & volunteers? How might it be improved or adjusted? Continue conducting visits based on insights gained from the review process. EDA Packet Page Number 7 of 19 G1, Attachment 1 Possible Future Activities The BEDC also considered strengthening electronic communication with businesses. Because the city has a business base of more than 1,000 businesses, personalized outreach to all businesses would require a substantial commitment of resources. Electronic communications would allow the city to reach a broader base of businesses and a visitation approach. One option is to work with the city communications department to build a database over time of e-mail addresses for businesses and develop a newsletter targeted specifically to businesses. As taxpayers, businesses have different concerns and service needs than residents. It could include positive messages about growing businesses in Maplewood and identify specific ways that businesses might access a variety of city services (e.g. expansion assistance, fire safety, employee participation in park and recreation opportunities, etc.). A business oriented newsletter would ideally be distributed 2-4 times per year. Another option is to conduct annual or semi-annual business events, sponsored by the city, to which businesses are invited. Approaches such as a Mayor's Breakfast, luncheon speakers or events that feature city facilities such as parks or the community center provide an opportunity for relationship building with businesses. EDA Packet Page Number 8 of 19 May 2, 2018 Aerial G1, Attachment 2 Richfield August 29, 2019 Aerial The Chamberlain - 396 units (283 units of new construction; 33 units renovateci Removal of homes impacted by runway expansion New construction built to reduce transmission of sound Allowed for continuation of Richfield Parkway - city received $1.36 million Livable Communities Grant Master Plan Update: Due to the length of time elapsed since the creation of the original Cedar Corridor Master Plan and due to the changes in the market, Richfield hired JLG Architects to refresh the Plan to reflect current market conditions and create a vision for future redevelopment That update was adopted by the City Council on 9.2712016. Maplewood EDA and HEDC 2019 Tour EDA Packet Page Number 9 of 19 2000 Aerial z L - � I - 2- �21a- 0 2418 Aerial N Ryan Companies started Construction �. in 2006 r -F1 L ! homes to construct Richfield Parkway , I Vii. 1,r' r � p dr z L - � I - 2- �21a- 0 2418 Aerial N G1, Attachment 2 Richfield J Cedar Aveue Corn or qo� office neigh boyhood commercial rel I y� �t r., Qpy;lopment eater developrnent+� cedar ,�'�... ,r"r rr rr },r �* �"a:� •��, �� arenueshift =,w, ° graenwa multl-famll geenlin4 4 housng lr tommerciaf w care t ho�s6ng commeindfin. future —Ighharhood Ip commerdal LM USE L68910 entry ....,...„�.........,m,......,,. Cedar Point Commons TIF District Created in 2005 l n Ryan Companies started Construction �. in 2006 r -F1 L ! homes to construct Richfield Parkway , I Vii. 1,r' p dr G1, Attachment 2 Richfield J Cedar Aveue Corn or qo� office neigh boyhood commercial rel I y� �t r., Qpy;lopment eater developrnent+� cedar ,�'�... ,r"r rr rr },r �* �"a:� •��, �� arenueshift =,w, ° graenwa multl-famll geenlin4 4 housng lr tommerciaf w care t ho�s6ng commeindfin. future —Ighharhood Ip commerdal LM USE L68910 entry ....,...„�.........,m,......,,. Cedar Point Commons TIF District Created in 2005 l n Ryan Companies started Construction �. in 2006 City purchased 14 L ! homes to construct Richfield Parkway , north of 66th Street In 2004, the City completed a redevelopment master plan for the Cedar Avenue Corridor.. That plan called for a mixture of housing, office and retail development, and was incorporated into the City's 2007 Comprehensive Plan. Much of the area encompassed in the plan was impacted by noise generated by the airport's northlsouth runway. In 2407, Cedar Point Commons, which includes Target and Home Depot, opened north of 66th Street as the first phase of extensive redevelopment planned in the area. The second phase includes new apartments directly across from Home Depot and Target. Richfield Parkway will be constructed south of 66th Street as redevelopment occurs in that area. Maplewood EDA and HEDC 2019 Tour EDA Packet Page Number 10 of 19 Excelsior and Grand 2000 Aerial G1, Attachment 2 St. Louis Park Seeking to create a town center, the city of St. Louis Park, entered into a public/private partner- ship with TOLD development Company to develop Excelsior and Grand, a $150 million mixed-use project on 16 acres that contains apartments, condominiums, retail space, and a town green that , r links to a city park. FEATURES Mixed -Use Town Center Public/Private Development - Main Street Design R� Pedestrian -Friendly Design Infill Development Transit -Oriented Development (Bus) `� ,► Underground Parking -, DEVELOPMENT SCHEDULE Initial public planning process started: 1995 - Land assembly by city completed: 2000 TOLD selected as developer by city: July 2000 wfl Retail leasing started: fall 2000 2018 Aerial Construction started: tall 2001 ri 't Phase I completed: summer 2003 „. Phase II projected completion date: spring 2005 ^+ °- Phase III projected completion date: summer 2006 Phase IU projected completion date: spring 2007 Master Plan Goo- T, 14 337 Y` ' d k .�►r rh- 1 rap n -s /� .b I. Ac- 9 Maplewood EDA and HEDC 2019 Tour EDA Packet Page Number 11 of 19 The site was originally part of an aging commercial strip along Excelsior Boulevard - 36 separate parcels were combined. In the middle of Grand Avenue, nestled between the four-story mixed-use buildings, sits the town green. G1, Attachment 2 St. Louis Park Named after the intersection on which it is situated, Excelsior and Grand is a mixed-use project with apartments, condominiums, and retail space. Maplewood EDA Packet Page Number 12 of 19 EDTA and HEDG 2019 Tour Excelsior and Grand is part of the larger 125 -acre park Commons area, which include retailers, movie theater and medical uses. Designed to create a pedestrian - friendly downtown, Excelsior and Grand is the result of a public/private partnership. G1, Attachment 2 Robbinsdale components of the plan. The conclusion was that the most economical redevelopment would be to try to reuse the existing piles and avoid the area with "lousy" soils. In 2013, Rainbow foods closed along with many Rainbow stores across the metro area. In 2014, the City invited developers to meet with staff in a Developer Roundtable to discuss various sites in Robbinsdale which were anticipated to be redeveloped due to underutilization (long empty storefronts) or obsolescence (such as banks no longer needing large buildings.) The Robbinsdale Economic Development Authority (REDA) adopted a Developer Fee Policy which included the opportunity for a developer to explore potential sites including financial analysis and determination of eligibility for Redevelopment Tax Increment Financing. The City of Robbinsdale did not own this subject property and did not have a source of funds to independently acquire the site - which included both the mall and former theater. Developer Kent Carlson completed purchase of Terrace Mall and Terrace Theater on October 13, 2015. On April 19, 2016, the City Council authorized submission of grant applications to the Metropolitan Council and DEED to help cover the cost of clean-up of polluted soils and asbestos abatement on discovered on the site. The City Council held a public hearing and adopted the Redevelopment Plan and TIF Plan at a special meeting on August 23, 2016. On December 13, 2016, REDA approved the Development Agreement with Hy -Vee. Maplewood EDA and HEDC 2019 Tour EDA Packet Page Number 13 of 19 Terrace Mall Area Redevelopment October 2, 2016 Aerial G1, Attachment 2 Robbinsdale August 29, 2019 Aerial Terrace Theater opened in 1951. Terrace Mali opened in 1919-1980. In the 1990s, the theater struggled with attendance ultimately becoming a $1 theater and a site with frequent police calls. In 1999, the Terrace Theater was purchased by the owner of Terrace Mall - the theater then shut down. In 2002, North Memorial purchased the Wards building to the south and it was converted into medical use. In 2003 - 2004, a task force looked at the redevelopment potential of the site anticipating the update of County Road 81 to Bottineau Boulevard. The plan showed the renovated outpatient center, reuse of the Terrace Theater for professional offic- es, multifamily housing, extended -stay hotel, as well as other retail and office elements. In 2005, the REDA contracted with Jim McComb, a market research professional, to look at the marketability of the Maplewood EDA Packet Page Number 14 of 19 EDA► and HEDC 2019 Tour G2 MAPLEWOOD ECONOMIC DEVELOPMENT AUTHORITY STAFF REPORT Meeting Date December 9, 2019 REPORT TO: Melinda Coleman, Executive Director REPORT FROM: Michael Sable, Assistant City Manager PRESENTER: Jeff Thomson, Assistant Executive Director AGENDA ITEM: Summary of November 25, 2019 Work Session with HEDC Action Requested: ❑ Motion ✓ Discussion ❑ Public Hearing Form of Action: ❑ Resolution ❑ Ordinance ❑ Contract/Agreement ❑ Proclamation Policy Issue: Commissioners from the Economic Development Authority (EDA) and Housing and Economic Development Commission (HEDC) and staff participated in a retreat -style format designed to engage all members in discussion about areas of focus and develop a potential work plan for the 2020 calendar year. Recommended Action: For discussion purposes only Fiscal Impact: Is There a Fiscal Impact? ✓ No ❑ Yes, the true or estimated cost is 0.00 Financing source(s): ❑ Adopted Budget ❑ Budget Modification ❑ New Revenue Source ❑ Use of Reserves ❑ Other: NA Strategic Plan Relevance: ❑ Financial Sustainability ❑ Integrated Communication ✓ Targeted Redevelopment ❑ Operational Effectiveness ❑ Community Inclusiveness ❑ Infrastructure & Asset Mgmt. Identify areas to focus future efforts. Background: The Commissioners identified and discussed several areas of focus to discuss: • North End Plan — Bus Rapid Transit — Transit Oriented Development • Maplewood Business Council • Gladstone Redevelopment • Partnerships and Tools — 2040 Comp Plan • Business Incubator—Small Business Enterprises EDA Packet Page Number 15 of 19 G2 • Rice & Larpenteur Redevelopment • Workforce Development • Housing (Homebuyer Programs, Rehab Programs, Housing types/Product Mix, Scattered Site/Vacancy Rehab, Affordable Housing, etc.... ) • Business Retention and Expansion Staff provided a brief summary of each item and the background/history for each of them Small groups of EDA Commissioners, HEDC Commissioners, and staff discussed the items and tried to rate those for their potential impact on the community (high to low scale) and the amount of effort needed to drive those initiatives forward. After some discussion, there was some general agreement that focusing on the North End Plan, Housing, Rice & Larpenteur, and Gladstone were preferred areas of focus. However, there was agreement that more emphasis on understanding "why" those areas were key focus areas would be beneficial. The Commissioners agreed that next steps would include reviewing the existing plans (North End Vision Plan, Gladstone Vision Plan, Rice & Larpenteur Vision Plan, and the 2040 Comprehensive Plan) to serve as a baseline for understanding the goals and objectives of each. In addition, the EDA and HEDC Commissioners agreed to hold a future joint meeting in early 2020. Attachments: 1. Impact/ Effort Matrix Results EDA Packet Page Number 16 of 19 City of Maplewood — EDA/HEDC Work Session Impact / Effort Matrix Results November 2Q '^'^ G2, Attachment 1 EDA Packet Page Number 17 of 19 G3 MAPLEWOOD ECONOMIC DEVELOPMENT AUTHORITY STAFF REPORT Meeting Date December 9, 2019 REPORT TO: Melinda Coleman, Executive Director REPORT FROM: Jeff Thomson, Assistant Executive Director PRESENTER: Jeff Thomson, Assistant Executive Director AGENDA ITEM: 2020 Economic Development Authority Meeting Schedule Action Requested: ✓ Motion ❑ Discussion ❑ Public Hearing Form of Action: ❑ Resolution ❑ Ordinance ❑ Contract/Agreement ❑ Proclamation Policy Issue: Approval of a meeting schedule for the Economic Development Authority for the upcoming calendar year helps the EDA, Housing & Economic Development Commission, city staff, applicants, and residents plan ahead for the year. The EDA still has the ability to cancel or add meetings as needed throughout the year provided all notice requirements are met. Recommended Action: Motion to approve the 2020 Economic Development Authority meeting schedule with meetings on January 13, 2020, January 27, 2020, September 14, 2020, and December 14, 2020. Fiscal Impact: Is There a Fiscal Impact? ✓ No ❑ Yes, the true or estimated cost is $0.00 Financing source(s): ❑ Adopted Budget ❑ Budget Modification ❑ New Revenue Source ❑ Use of Reserves ✓ Other: n/a Strategic Plan Relevance: ❑ Financial Sustainability ❑ Integrated Communication ❑ Targeted Redevelopment ❑ Operational Effectiveness Background ❑ Community Inclusiveness ❑ Infrastructure & Asset Mgmt. As part of the reestablishment of the Economic Development Authority (EDA), the EDA board of commissioners discussed establishing a regular meeting schedule for 2020. The strategic planning and work plan development will continue into 2020, when additional discussion and information will be available to identify a regular meeting schedule. However, there are dates that can be identified for conducting EDA business. The recommended meeting dates for 2020 and preliminary topics are: • January 13 — Appointment of officers for 2020 EDA Packet Page Number 18 of 19 G3 • January 27 — Joint meeting with Housing and Economic Development Commission • September 14 —Approve preliminary EDA/HRA levy • December 14 —Approve final HRA levy These dates correspond to regular City Council meeting dates, which allows the EDA meeting to take place before or immediately after the City Council meeting. The EDA has the ability to cancel or add meetings as needed as long as all notice requirements are met. Additional meetings throughout the year can be scheduled to review pertinent EDA business. Potential action items for the EDA in 2020 include: • Transitioning property ownership for redevelopment from the City to the EDA • Transitioning existing TIF and redevelopment agreements from the City to the EDA • Approval of any new TIF or redevelopment agreements, such as Frost -English Phase 3 • Implementation of items in the economic development strategic plan and work plan Attachments 1. None EDA Packet Page Number 19 of 19