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HomeMy WebLinkAbout2022-04-11 EDA PacketAGENDA MAPLEWOOD ECONOMIC DEVELOPMENT AUTHORITY 5:00 P.M. Monday, April 11, 2022 City Hall, Council Chambers A. CALL TO ORDER B. ROLL CALL C. APPROVAL OF AGENDA D. APPROVAL OF MINUTES 1. January 10, 2022 Economic Development Authority Meeting Minutes E. PUBLIC HEARING None F. UNFINISHED BUSINESS 1. Resolution Approving YMCA ARPA Grant Agreement 2. EDA Financial Report G. NEW BUSINESS 1. Update on 1946 English Street — Former Maplewood Moose Lodge Property 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 D1 A. MEETING MINUTES MAPLEWOOD ECONOMIC DEVELOPMENT AUTHORITY 6:15 P.M. Monday, January 10, 2022 Held Remotely Via Conference Call CALL TO ORDER A meeting of the Maplewood Economic Development Authority (EDA), was held remotely via conference call and was called to order at 6:15 p.m. by President Knutson. B. ROLL CALL C 7 E F G William Knutson, President Present Marylee Abrams, Commissioner Present Rebecca Cave, Commissioner Present Kathleen Juenemann, Commissioner Present Nikki Villavicencio, Commissioner Present APPROVAL OF AGENDA Commissioner Abrams moved to approve the agenda as submitted. Seconded by Commissioner Cave Ayes — All, via roll call The motion passed. APPROVAL OF MINUTES 1. December 13, 2021 Economic Development Authority Meeting Minutes Commissioner Abrams moved to approve the December 13, 2021 Economic Development Authority Meeting Minutes as submitted. Seconded by Commissioner Cave The motion passed. PUBLIC HEARING None UNFINISHED BUSINESS None NEW BUSINESS 1. Election of Officers Ayes — All, via roll call Assistant Executive Director Thomson gave the staff report. Commissioner Abrams moved to nominate Commissioner Knutson as President until the January 10, 2022 Maplewood Economic Development Authority Minutes 1 EDA Packet Page Number 1 of 31 D1 first meeting of 2023. Seconded by Commissioner Juenemann Ayes — All, via roll call The motion passed. Commissioner Abrams moved to nominate Commissioner Juenemann as Vice President until the first meetina of 2023. Seconded by Commissioner Cave Ayes — All, via roll call The motion passed. Commissioner Abrams moved to nominate Commissioner Cave as Treasurer until the first meeting of 2023. Seconded by Commissioner Juenemann Ayes — All, via roll call The motion passed. Commissioner Juenemann moved to nominate Andrea Sindt as Secretary until the first meeting of 2023. Seconded by Commissioner Cave Ayes — All, via roll call The motion passed. Commissioner Juenemann moved to nominate Ellen Paulseth as Assistant Treasurer until the first meeting of 2023. Seconded by Commissioner Abrams Ayes — All, via roll call The motion passed. 2. Gladstone Update Assistant Executive Director Thomson gave the presentation. No Action Required. 3. Single -Family Housing Rehabilitation Program Assistant Executive Director Thomson gave the staff report. No Action Required. H. ADJOURNMENT President Knutson adjourned the meeting at 7:00 p.m. January 10, 2022 Maplewood Economic Development Authority Minutes 2 EDA Packet Page Number 2 of 31 F1 MAPLEWOOD ECONOMIC DEVELOPMENT AUTHORITY STAFF REPORT Meeting Date April 11, 2022 REPORT TO: Melinda Coleman, City Manager REPORT FROM: Ellen Paulseth, Finance Director PRESENTER: Ellen Paulseth, Finance Director AGENDA ITEM: Resolution Approving YMCA ARPA Grant Agreement Action Requested: ✓ Motion ❑ Discussion ❑ Public Hearing Form of Action: ✓ Resolution ❑ Ordinance ❑ Contract/Agreement ❑ Proclamation Policy Issue: The City Council allocated $350,000 in ARPA funds to the EDA on September 13, 2021 for aid to nonprofit entities. The intention was to assist the EDA's consideration to award the funds to the YMCA to provide compensation for negative economic impact sustained during the pandemic. The attached resolution outlines an agreement between the EDA and the YMCA for award of the funds. Recommended Action: Adopt the Resolution Approving the YMCA ARPA Grant Agreement. Fiscal Impact: Is There a Fiscal Impact? ❑ No ✓ Yes, the true or estimated cost is $350,000 Financing source(s): ❑ Adopted Budget ❑ Budget Modification ❑ New Revenue Source ❑ Use of Reserves ✓ Other: ARPA Funds Strategic Plan Relevance: Community Inclusiveness ✓ Financial & Asset Mgmt ❑ Environmental Stewardship ❑ Integrated Communication •/ Operational Effectiveness ❑ Targeted Redevelopment The YMCA, through its lease agreement with the City, provides recreational and wellness services to City residents. The losses sustained during the pandemic would hinder YMCA's ability to provide these services without this grant. Background: The City Council awarded $800,000 in CARES Act funding to the YMCA on September 14, 2020, and provided $200,000 in City funds previously dedicated for capital costs for MCC operations. Attachments: 1. Resolution Approving the YMCA ARPA Grant Agreement 2. YMCA ARPA Grant Agreement EDA Packet Page Number 3 of 31 F1, Attachment 1 MAPLEWOOD ECONOMIC DEVELOPMENT AUTHORITY RESOLUTION APPROVING YMCA ARPA GRANT AGREEMENT WHEREAS, on September 13, 2021, the Maplewood City Council allocated $350,000 in American Rescue Plan Act (ARPA) funding to the Maplewood Economic Development Authority (EDA) for the purpose of providing reimbursement to nonprofit entities that experienced negative economic impacts as a result of the Covid-19 pandemic. NOW, THEREFORE BE IT RESOLVED that the Maplewood Economic Development Authority (EDA) approves the grant agreement with the YMCA of the Greater Twin Cities (YMCA), dated April 11, 2022, which provides a $350,000 grant to the YMCA to assist with negative economic impacts incurred during the Covid-19 pandemic from the period of April 11, 2022 through December 31, 2022. EDA Packet Page Number 4 of 31 F1, Attachment 2 YMCA ARPA GRANT AGREEMENT THIS GRANT AGREEMENT (this "Agreement") is entered into as of April 11, 2022, by and between the Maplewood Economic Development Authority, a public body corporate and politic under the laws of the State of Minnesota ("EDA"), and the Young Men's Christian Association of the Greater Twin Cities, a Minnesota nonprofit corporation ("Grantee"). RECITALS WHEREAS, the U.S. Department of the Treasury ("Treasury") has allocated to the City of Maplewood ("City"), $4,468,004.28 of federal stimulus funding from the Coronavirus State Fiscal Recovery Fund and the Coronavirus Local Fiscal Recovery Funds under CFDA No. 21.027 ("ARPA Funds") under Section 603(b) of the Social Security Act, as amended by Section 9901 of the American Rescue Plan Act ("ARPA"), half of which has been outlaid to the City, with the remainder of funds to be disbursed by Treasury to the City within one year, for the limited purposes identified in ARPA and related federal guidance from Treasury; WHEREAS, ARPA authorizes the ARPA Funds to be used for the following purposes: (1) To respond to the COVID-19 public health emergency or its negative economic impacts, including assistance to households, small businesses, and nonprofits, or aid to impacted industries such as tourism, travel, and hospitality; (2) To respond to workers performing essential work during the COVID-19 public health emergency by providing premium pay to eligible workers; (3) For the provision of government services to the extent of the reduction in revenue due to the COVID-19 public health emergency relative to revenues collected in the most recent full fiscal year prior to the emergency; and (4) To make necessary investments in water, sewer, or broadband infrastructure. WHEREAS, the City has elected to take the "standard allowance" under Treasury's Final Rule, allowing the City to use up to $10,000,000 of its ARPA Funds for the provision of government services; WHEREAS, the City authorized and distributed $350,000 to the EDA for the purpose of the EDA's proposed assistance to Grantee to address the negative economic impacts of the COVID-19 public health emergency and to address declines in receipts during the course of the COVID-19 public health emergency; and WHEREAS, the EDA and Grantee desire to enter into this Agreement so that the EDA may provide a grant of ARPA Funds to grantee under the terms and conditions specified in this Agreement. EDA Packet Page Number 5 of 31 F1, Attachment 2 NOW, THEREFORE, in consideration of the mutual covenants contained herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, EDA and Grantee hereby agree as follows: Effective Date And Term. This Agreement shall govern the performance of the parties for the period commencing at the date of execution of this agreement (the "Effective Date") through December 31, 2022 unless earlier terminated by either parry in accordance with the terms of this Agreement. 2. Grant Funds. The EDA agrees to provide the Grantee a total sum not to exceed three hundred and fifty thousand dollars and 00/100ths Dollars ($350,000) ("Grant Funds") to be used to address the negative economic impacts of the COVID-19 public health emergency, as further defined in Section 3. Grantee's Use of Grant Funds. The Grantee shall ensure that the uses of Grant Funds are necessary, Eligible Expenses, as defined in Exhibit A. which is herein incorporated by this reference, and in accordance with the eligibility criteria further defined in Exhibit A. 4. Payment of Funds. Grant Funds will be paid in accordance with the Request for Funds process established in Exhibit A. The EDA agrees to reimburse Grantee for Eligible Expenses actually incurred and paid by Grantee in accordance with Section 3, in an amount not to exceed $350,000 (the "Total Agreement Funds"). 5. Reimbursement Period. Grantee may submit for reimbursement Eligible Expenses incurred between the Effective Date and December 31, 2022. 6. Suspension and Debarment. Grantee represents that neither it nor any of its principals has been debarred, suspended or determined ineligible to participate in federal assistance awards or contracts. Grantee further agrees that it will notify EDA immediately if it or any of its principals is placed on the list of parties excluded from federal procurement or nonprocurement programs available at www.sam.gov. 7. Financial and Other Reports. Grantee shall submit to the EDA such reports and back-up data as may be required by the EDA, Treasury, or any other entity with authority over the reporting of ARPA Funds, including without limitation such reports in accordance with the following schedule: REPORT Quarterly reports detailing expenses. Final Report DEADLINE July 1, 2022, October 1, 2022 February 1, 2023 8. Improper Pam. Any item of expenditure by Grantee under the terms of this Agreement which is found by auditors, investigators, and other authorized representatives of the EDA, City of Maplewood, the U.S. Government Accountability Office or the Comptroller General of the United States to be improper, unallowable, in violation of EDA Packet Page Number 6 of 31 F1, Attachment 2 federal or state law or the terms of this Agreement, or involving any fraudulent, deceptive, or misleading representations or activities of Grantee, shall become Grantee's liability, to be paid by Grantee from funds other than those provided by the EDA under this Agreement or any other agreements between the EDA and Grantee. 9. Termination. If the Grantee fails to perform any of the provisions of this Agreement or otherwise breaches or fails to comply with any of the terms of this Agreement, it shall be in default. If the default is for improper payments, as provided in Section 8, the EDA may immediately terminate or cancel this Agreement upon written notice to the Grantee and demand repayment in full of the Grant Funds that have been improperly spent. In all other instances, unless the Grantee's default is excused in writing by the EDA, the EDA may terminate this Agreement if Grantee defaults under the terms of this Agreement and does not cure the default within thirty (30) days after written notice of the default. Additionally, failure to comply with the terms of this Agreement shall be just cause for the EDA to delay payment until the Grantee complies with all the requirements of this Agreement. In the event of a decision to withhold payment, the EDA shall furnish written notice to Grantee. If this Agreement expires or is cancelled or terminated by either party, at any time, the Grantee shall not be entitled to any payment, fees or other monies. 10. Independent Contractor. Each parry under the Agreement shall be for all purposes an Independent Contractor. Nothing contained herein will be deemed to create an association, a partnership, a joint venture, or a relationship of principal and agent, or employer and employee between the parties. The Grantee shall not be, or be deemed to be, or act or purport to act, as an employee, agent, or representative of the EDA for any purpose. 11. Indemnification. The Grantee agrees to defend, indemnify and hold the EDA, its officers, officials, employees, agents and volunteers harmless from and against any and all claims, injuries, damages, losses or expenses including without limitation personal injury, bodily injury, sickness, disease, or death, or damage to or destruction of property, which are alleged or proven to be caused in whole or in part by an act or omission of the Grantee, its officers, directors, employees, and/or agents relating to the Grantee's performance or failure to perform under this Agreement. The section shall survive the expiration or termination of this Agreement. 12. Compliance with Laws, Guidelines. The Grantee shall comply with all federal, state, and local laws, rules, EDA program requirements currently in force or later enacted regarding use of Grant Funds. Because the source or partial source of funds under this Agreement is from federal monies or from a federal source, the Grantee is bound by and shall comply with applicable law, rules, regulations, applicable documentation or other directives relating to the source and utilization of such funds including but not limited to applying for Grant Funds for expenses that have been or will be reimbursed under any federal, county, state, or other local government program. 13. Data Privacy And Security_. Grantee, its officers, agents, owners, partners, employees, volunteers and subcontractors shall, to the extent applicable, abide by the provisions of the Minnesota Government Data Practices Act, Minnesota Statutes, Chapter 13 ("MGDPA") EDA Packet Page Number 7 of 31 F1, Attachment 2 and all other applicable state and federal laws, rules, regulations and orders relating to data or the privacy, confidentiality or security of data. 14. Maintenance and Audit of Records. Subject to the requirements of Minnesota Statutes § 16C.05, subd. 5, the EDA, the State Auditor, or any of their authorized representatives which may include other independent financial analysts at any time during normal business hours, and as often as they may reasonably deem necessary, shall have access to and the right to request submission of documentation, examine, audit, excerpt, and transcribe any books, documents, papers, records, or other data, which are pertinent to the accounting practices and procedures of Grantee and involve transactions relating to this Agreement. Grantee shall maintain these materials and allow access during the period of this Agreement and for six (6) years after its expiration, cancellation or termination. 15. Notices. Any notice desired or required to be given hereunder shall be in writing, and shall be deemed received three (3) days after deposit with the U.S. Postal Service, postage fully prepaid, certified mail, return receipt requested, and addressed to the party to which it is intended at its last known address, or to such other person or address as either party shall designate to the other from time to time in writing forwarded in like manner: Grantee YMCA of the Greater Twin Cities 651 Nicollet Mall, Suite 500 Minneapolis, MN 55402 Attn: EDA Maplewood Economic Development Authority 1830 County Road B E Maplewood, MN 55109 Attn: Executive Director 16. Business Subsidy. The Grant Funds do not constitute a business subsidy within the meaning of the Minnesota Business Subsidy Act pursuant to Minnesota Statutes, section 116J.993, subd. 3 (19). 17. Improper Influence. Each party warrants that it did not and will not employ, retain, or contract with any person or entity on a contingent compensation basis for the purpose of seeking, obtaining, maintaining, or extending this Agreement. Each party agrees, warrants, and represents that no gratuity whatsoever has been or will be offered or conferred with a view towards obtaining, maintaining, or extending this Agreement. 18. Conflict of Interest. The elected and appointed officials and employees of the parties shall not have any personal interest, direct or indirect, which gives rise to a conflict of interest. 19. Time. Time is of the essence in this Agreement. EDA Packet Page Number 8 of 31 F1, Attachment 2 20. Survival. The provisions of this Agreement that by their sense and purpose should survive expiration or termination of the Agreement shall so survive. Those provisions include without limitation Indemnification, Improper Payments, and Maintenance and Audit of Records. 21. Amendment. No amendment or modification to the Agreement will be effective without the prior written consent of the authorized representatives of the parties. 22. Non -Discrimination. Grantee shall not exclude any person from full employment rights nor prohibit participation in or the benefits of any program, service or activity on the grounds of any protected status or class including but not limited to race, color, creed, religion, age, sex, disability, marital status, sexual orientation, public assistance status, or national origin. No person who is protected by applicable federal or state laws against discrimination shall be subjected to discrimination. 23. Governing Law. The Agreement will be governed in all respects by the laws of the state of Minnesota, both as to interpretation and performance, without regard to conflicts of law or choice of law provisions. Any action arising out of or in connection with the Agreement may be instituted and maintained only in a court of competent jurisdiction in Hennepin County. 24. Non -Waiver. No failure on the part of the EDA to exercise, and no delay in exercising, any right hereunder shall operate as a wavier thereof, nor shall any single or partial exercise by the EDA of any right hereunder preclude any other or further exercise thereof or the exercise of any other right. The remedies herein provided are cumulative and not exclusive of any remedy available to the EDA at law or in equity. 25. Binding Effect. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors. 26. Assignment. The Grantee shall not assign or transfer any of its interests in or obligations under this Agreement without the prior written consent of the EDA. 27. Entire Agreement. This Agreement constitutes the entire agreement between the EDA and the Grantee for the use of funds received under this Agreement and it supersedes all prior or contemporaneous communications and proposals, whether electronic, oral, or written between the parties with respect to this Agreement. 28. No Third Party Beneficiaries. Nothing herein shall or be deemed to create or confer any right, action, or benefit in, to, or on the part of any person or entity that is not a party to this Agreement. This provision shall not limit any obligation which either party has to Treasury in connection with the use of ARPA Funds, including the obligations to provide access to records and cooperate with audits as provided in this Agreement. 29. Severability. In the event that one or more provisions of this Agreement shall be determined to be invalid by any court of competent jurisdiction or agency having jurisdiction thereof, EDA Packet Page Number 9 of 31 F1, Attachment the remainder of the Agreement shall remain in full force and effect and the invalid provisions shall be deemed deleted. 30. Counterparts. This Agreement may be executed in one or more counterparts, any of which shall be deemed an original but all of which together shall constitute one and the same instrument. 31. Authorization. Each parry signing below warrants to the other parry, that they have the full power and authority to execute this Agreement on behalf of the party for whom they sign. [Remainder ofpage left intentionally blank] EDA Packet Page Number 10 of 31 F1, Attachment 2 IN WITNESS WHEREOF, each of the parties has executed this Agreement by its duly authorized officer as of the day and year first written above. MAPLEWOOD ECONOMIC DEVELOPMENT AUTHORITY (EDA) By: Name: William Knutson Title: President By: Name: Melinda Coleman Title: Executive Director YMCA OF THE GREATER TWIN CITIES (GRANTEE) By: Name: Title: SIGNATURE PAGE To GRANT AGREEMENT EDA Packet Page Number 11 of 31 F1, Attachment 2 GRANT AGREEMENT List of Exhibits Exhibit A ELIGIBLE EXPENSES AND REQUEST FOR FUNDS EDA Packet Page Number 12 of 31 F1, Attachment 2 Exhibit A ELIGIBLE EXPENSES AND REQUEST FOR FUNDS Approved Eligible Expenses The Grantee has demonstrated to the EDA that it has experienced negative economic impacts due to COVID-19 associated with the Grantee's operation of the Maplewood Community Center. The following categories of expenditures related to operation of the Maplewood Community Center are approved eligible expenses ("Eligible Expenses") under the Agreement: • Public health measures • Payroll and benefits costs • Costs to retain employees • Utilities • Other operating costs that are specifically approved by the EDA in writing Reimbursement requests must be made in accordance with the Request for Funds process outlined below. Requests for Funds The EDA will provide payments under the Agreement after Grantee performs the actions below to make a request for Grant Funds under this Agreement ("Request"): Grant Funds may be requested once per calendar month. To make a Request, Grantee must submit proof of Eligible Expenses under this Agreement that the EDA determines is sufficient to authorize disbursement of funds upon receipt and approval of a Request. A Request must be accompanied by invoices or receipts for Eligible Expenditures that have not been and will not be reimbursed through any other assistance funds, including but not limited to local, state, and federal assistance dollars. Failure to provide any of the required documentation may result in the withholding and/or nonpayment of all or a portion of the request, and termination of the Agreement. EDA Packet Page Number 13 of 31 F2 MAPLEWOOD ECONOMIC DEVELOPMENT AUTHORITY STAFF REPORT Meeting Date April 11, 2022 REPORT TO: Melinda Coleman, City Manager REPORT FROM: Ellen Paulseth, Finance Director PRESENTER: Ellen Paulseth, Finance Director AGENDA ITEM: EDA Financial Report Action Requested: ❑ Motion ✓ Discussion ❑ Public Hearing Form of Action: ❑ Resolution ❑ Ordinance ❑ Contract/Agreement ❑ Proclamation Policy Issue: The financial report for the year ended December 31, 2021 is attached, as well as the report for the month ended March 31, 2022. Recommended Action: No action is necessary, except to review the reports. Fiscal Impact: Is There a Fiscal Impact? ✓ No ❑ Yes, the true or estimated cost is N/A Financing source(s): ❑ Adopted Budget ❑ Budget Modification ❑ New Revenue Source ❑ Use of Reserves ❑ Other: N/A Strategic Plan Relevance: Community Inclusiveness ✓ Financial & Asset Mgmt ✓ Environmental Stewardship Integrated Communication ✓ Operational Effectiveness ✓ Targeted Redevelopment The EDA budget intersects with all areas of the strategic plan. Background: The cash balance in the EDA Fund at March 31, 2022 is approximately $857K. The amount of $100K was levied for the EDA Fund in 2022. The EDA owes the Sewer Fund $904K for the purchase of the Moose Lodge property. This loan will be paid with proceeds from the sale of the property. In June, the City Council will be considering the allocation of surplus General Fund dollars, which could include an allocation to the EDA. Attachments: 1. EDA Financial Report for the Year Ended December 31, 2021 2. EDA Financial Report for the Month Ended March 31, 2022 EDA Packet Page Number 14 of 31 F2, Attachment 1 Notes to the Unaudited Financial Report for the Year Ended December 31, 2021 ■ Revenues were 518,483.77 for the year, which was $378,483.77 more than the budget of $140,000. This was due to a $29,965 unbudgeted grant received from the County for a cooperative agreement related to the Ponds at Battle Creek, and a transfer in of $390,000 in ARPA Funds designated for the YMCA. ■ Expenditures were $104,284.16 for the year, which was $85,715.84 less than the budget of $190,000. Extra funding was included in the budget for the scattered -site housing program. ■ The EDA budgeted to spend $50,000 of fund balance in 2021; however, actual revenues exceeded actual expenditures by $414,199.61 due to the reasons stated above. ■ Cash balance at December 31, 2021 was $506,257.70. Of this amount, $390,000 is under consideration for a grant to the YMCA. 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Cl) 00 V 00 £E CO 00 v 00 TC 0 0 0 0 0 0 C i F2, Attachment 1 EDA Packet Page Number 19 of 31 +�+ i Oo0000000000(o00000000orn 0 0 0 0 0 0 0 0 0 0 0 0'T 0 0 0 0 0 0 0 0 0 00 a y o000000000IDC3 C3 000000LO � ca d O O O O O O O O O O O O 00 O 0 0 0 0 0 0 0 0 00 o 0 0 0 0 Cl 0 0 0 0 0 o ao 0 0 0 0 0 0 0 0 o ao o00000000000000000000Lri O O O O LO O N Il MQS W (O N I� N 00 O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O a� o0000000000000000000000 o W +.+ 0 0 0 0 0 0 0 0 0 0 0 0 (O O O O O O O O O O (O 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 �4 L o 0 0 0 0 0 0 0 0 0 0 0 o 0 0 0 0 0 0 0 o v 00 00 O w N N wa o 0 k W (q O O O O O O O O O O O O (O O O O O O O O O O (O i 0 0 0 0 0 0 0 0 0 0 0 0— 0 0 0 0 0 0 0 0 0 CD o 0 0 0 0 0 0 0 0 0 0 o v o 0 0 0 0 0 0 0 o v CO CO p N N N r O 0 U1 N Q 7 W cc a CD Q o m � � L L= a ar o O O (D O O O O CD O O CD O O O O CD O O (D O O (D O O O O O O O ID O O O O O O O O O O O O O O O CDO M o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CD C LO o LQ o CDMo V a1 i (o N o; (D K Q O W Q Q Q W O w Q w U) LL W W r } O m Z LL w w p O F- U w Z w O 2' W LL W W_ U` W Z J W CO W W Q Z W J Z U 2. W Z CO)F 2 U U F W W Z> J Z Z U) Z � W JQO_LLFm0= po W ��=>(DF d i U) TM D w w z W U' z U d~ of O r Z C TM w W Q Q 06 cn tncnCOIQ J�cnQUwOUTM w �o mow _ LL wJ� W W W 0_ 0_ 0_ U O_ - U of TM CV 'MQ> Z Q W w U D D U D of w w w C1 U Q Q >' ?� ?� Z Z Q` N Ir O J U a a U F LL LL O_ > W U J J O Z R +' C4O - LO O (D (DO O O O (D O (D (D O CD CD CD CD CDN O F M M y ('V O _Z 0 - - N M� LO N (O I- 00 O 00 O M V (p N O O (D O O O M M M M LO (O (0 (0 I� O O V 0 X Iq d O CU a N C O Q o 6 6 6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 F2, Attachment 1 EDA Packet Page Number 20 of 31 N w i o o OR ago o U') LO I IL oo Cq Cq oo Lo Lo 00 00 0 0 o 0 0 0 0 0 a� CD CD 0 0 o� W 0 o co co a� CD C)00 00 wa o 0 k W to o o co co o NO i 0 0 o o v CO v CO Q N •��. N N r O 0 U1 N Q 7 w a LU Q o' L � L � LL O a� ar o o0 0 0 � o 0 0 0 C N co C C () N a1 Q rn CD x Q O LU 4 Q Q 0 LU Q LU Q � O CO w o O W Q 2 CO) LU LL o d � U, LU CO 0 U) (If p O Z () w w U) w cLv 0 Q aa) ~ z ry a F Q. O z ry N F fC fC CDf/1 'a F F � N_ CU Ch N •� p rn v O L x a) O 00 O CO V V o d O a N Q o F2, Attachment 1 N EDA Packet Page Number 21 of 31 F2, Attachment 2 Notes to the Financial Report for the Year Ended March 31, 2022 • Revenues for the first quarter were $359,796.48, including a transfer in of $350,000 from General Fund surplus. Budgeted revenues for the year are $100,000. This is entirely tax levy funding that has not yet been received. • Expenditures for the first quarter were $10,838.24. Budgeted expenditures for the year are $100,000. • The EDA budgeted for a flat budget in 2022, with no gains or losses. • Cash balance at March 31, 2022 is $857,131.08. Of this amount, $390,000 is ARPA funding under consideration for a grant to the YMCA. That leaves a balance of $467,131.08 available for spending. EDA Packet Page Number 22 of 31 m aD R a N N i 0 O a O O M LU V J L a aD !4 Q 7 O m t LL +r R O N ~ } O J ~ N 2 M 0 W W Q 0 O O W J a Q O 00 N a� = U to Oo r- M CO O r- r- LO O rn � rn M LO N 4 O V O "*� I� O r- LO O LO 00 O 00 O O I� O (O LO 00 Y O O O LO O U G O Q 0000 0 0 0 0000 O O O O O M M v� O O r*-� O (O LO O O G O LO U o o M v 0 0 0 IT 00 O O O 00 G1 O O O O M Cl) = r- o M v CD v v v N N (O O 00 O O O LO O LO U U U U M r- v LO (D It N LO N � O O O O O LO O O O LO M O O O M M O O O M 00 00 O O r- O O 00 N O O CO O I O M N 00 N O O � M O O O M M O O O M C C r- O O 00 N O O M O O M N 00 N O O � U U U U O LO r- LO CD r- M Lri o 00 N � N C O O O O O F2, Attachment 2 U Cr_ U r- � N � O O CO I� � � O O O O O 00 00 L M M LO O O O O O O O O O O O O O O O CD 00 000 rn rn CO CO r- O LO N O O M 00 O CO 00 00 O O O O O O O O 00 (D 00 (D Oo Oo rn rn LO LO CO CO O LO N r- O O M 0M0 O IT 00 00 O O U U O O r- O O O O 00 00 CO H J } D 0 � Z I Q H Z U W 0-D O z LLI z � Ov w p 0 O LLp J � z Of� j D w Q Q J Z 0- Z w w m D O z Z O x W Y p p= y Q Q' Q' w? w z O y Z CO W J N H 0 0 w z Q LU r �_ 7 zOf o Q z 0 0 OfJ m p p W CO _ CO Q w wp x U Q Q R H O~ U>> w W R p D w W w R X H H 0 LL Of W Y O N O 'N O _ O O O O N O M y O CD S O O O O :3 O Q J N N N N N N (O W N M � m EDA Packet Page Number 22 of 31 J_ N N 0 O O N O M 3j M W J ED a � 0 LL ++ O N >- N O N U 2 M Q� 0� U U � rn CO ai ai ui v N (C N I� (O 00 N_ cc 0) � M Lr) O 00 (O M O O M O 00 00 O O O O c0 c0 M O M LO00M C'') 0O0 cl� � O 'IT N M r— 00 O O O 00 c0 O ce) 00 M M M LO O 00 (O M O O (h O 00 O O O 00 000 C ) CF M � 00 M M m It 00 00 IT N 00 r- 00 v O O O 00 00 o rS m Oo ch ce) Cr_ Q� U U v (l? cN) o 00 r- It It (m LO N N I� N 00 (O O N O 00 � U r- It O N O N O O O 00 O LO LO O O 00 00 It It M M Q W Q W Q' 0 = O_ O co r O M 3: m R N CO)+, N Gl W ,'� U) +r CO) O C o y M CO)a Z N O — Q J W Q J W Q o r Z Z Z Z F2, Attachment 2 EDA Packet Page Number 24 of 31 w i� o 0 0 0 0 0 0 0 o ao a� o00000000M ED d O N O O O O O O O N (� O In O O O O O O O In O O M O O O O O O O O M O O 00 N (Mi7 W O d1 O 0) O N O O O O O O O 00 nr O In O O O O O O O 0 a' CD0 o cc P- w 0) 0) o Iq o 0 0 0 0 0 000 o M o 0 0 0 0 0 0 01�0) 0) o � � N_ Q OCO CO � Q M W t � a 0 N w o CD 0 O 0 O 0 O 0 O 0 O 0 O 0 O 0 0 O O vI G y y O O O O CD O CD CD CD CD 00 O o C c a1 o 0 > o Qw V N Q W Q 0 W Q cn Q z z W o U) O D Z W a w � w > Z W o J d CO W Z W w= W 2 0 o- of J a 0 O v C) o z 0 LL U) 0 U) (n z W W O W W W ry z xW xWx xWx xWx O0 J = 0 W -R Q. N� F F F F Z w z i CD +.. r M p 0 0 C. 0 IMo coo coo coo w ,0 i —4 Q o V M O M O M O M O M O M O M O M O M O v a i o o N 0 o Q o 0 0 0 0 0 0 0 0 F2, Attachment 2 EDA Packet Page Number 25 of 31 N N O N_ O � M O ci N W � J � CU Q 7 (n O LL Or i N N CD V N 2 aM U O t r - N CD i O Vl + N 'a r C- O > O d i O d EDA Packet Pai w i o o aoo a N� o o LO L CO O U o o o o ao v = o o C. o co �4 m 0 M o LO rn U') M M N Q W Q W d' Q 0 O CO O W LL W CO J CL Z 00 N I 1 1 CO )e Number 26 of 31 O O CO O O O O CO O C � O O IA CO M CO 0 o CO 0 o v 0 o co 0 o rn C Ci r- 0 0 of LO LO M CO CO CO 0 0 0 0 0 0 (] C) C 0 0 Q 0 w Q w a z 0 U) ofof w O O w U) w cn z a Q ~ R R � H H rn rn Cl? O 0 0 0 Ob 1) LO CO CO v 0) rn r` rn LO N CO v 0) rn r` Ir LO CO C i F2, Attachment 2 d a1 c0 IL il—w N N O O N O m CO W M J a1 Q O u_ Y O N _ N U O N aM W M L O L t Q. N O N +- Cn Bch O CD K I d 0Oa OOOOOOOOOOOO,_OOOOOOOOO, F2,Attachment2 I i O l O O O O O O O O O O O O v O O O O D. O O O O Oo a N o 0 0 0 0 0 0 0 0 0 0 0;: CD 0 0 0 0 0 0 0 0 0 Q W Q W Q 0 O O w J a Q O O 00 O N O O V M� W Q O O O O O O O O O O O O (o O O O O O O O O O (o O O O O O O O O O O O O L- O O O O O O O O O L- 000000000000�000000000 CD CD CD(o (o O u) O (fl M O 00 CO O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O 6 6 6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 O O O O O O O O O O O O'T O O O O O O O O O v O O O O O O O O O O O O N O O O O O O O O O N 000000000000w000000000w CO CO CO CO O O O O O O O O O O O O v O O O O O O O O O v O O O O O O O O O O O O N O O O O O O O O O N 0 0 0 0 0 0 0 0 0 0 0 0 w 0 0 0 0 0 0 0 0 0 w M M CO CO O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O «Q O v v o rn o U) U) d w cn w w w U) LL } Of cD w r 0 w Z LLw 0 J d rF (n W rZ W U U J Z w Q Z W w J 06 Z U Z Q 2 m w w Z } O F M w ILL 0- Z Z W 0 O Q wCL LL CO Z Dw W zwvoMzC)a-, cnz W LZ W�WWw< Jofwz�WLL O�W-J 0-U) 0 U) Q>aw =)ofD�DOfwwT-wa0 z O J T- Z w 0- a Z w F LL LL 0-> w U J J O Z O Ln CD O O CD CDO O CD CD O O O CD CD CD CD CDN O F N M.3 Ln N (O I1- 00 0)00 0) M V (p N (n M O O O O O O M M M M Ln (O (0 (0 t` L— t` O v v v v v v v v v v v v v v v v v v v v v v 0 0 o O o 0 0 0 6 o O o 0 0 6 0 0 0 0 0 o O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O EDA Packet Page Number 27 of 31 N w y� 00OR OR Q. y o 0 0 0 F2, Attachment 2 N d a1 IL r- O N G� 0 CV OM CO) LU +� a °1 Q O' L L L _ O N i _ N V N K W 2 aM t C t QN O CS +- — O Ch CO CD K I moa EDA Packet Pa N V 00 CD CD 0 0 1- 1- 00 CO CO 00 0 0 o 0 CD CD 0 0 0 0 a� o� W w y O O N N a .Z M M00 M M I n 00 00 O wa k W O O N N N CD CDao CO M M OO 00 a i O k W ar: CD CD 0 0 CD 0 0 0 0 0 w 0 0 0 0 o 0 a1 a 0 0 Q O Q 4 Q LU J CO Q � N H z i O O V 00 C V N CO Q ge Number 28 of 31 0 w w +a � Q D p -� O U) O to W O cLC w a`i w 0 U) Q d ry F F rn v 0 0 0 G1 MAPLEWOOD ECONOMIC DEVELOPMENT AUTHORITY STAFF REPORT Meeting Date April 11, 2022 REPORT TO: Melinda Coleman, Executive Director REPORT FROM: Michael Martin, AICP, Assistant Community Development Director PRESENTER: Jeff Thomson, Assistant Executive Director AGENDA ITEM: Update on 1946 English Street — Former Maplewood Moose Lodge Property Action Requested: ❑ Motion ✓ Discussion ❑ Public Hearing Form of Action: ❑ Resolution ❑ Ordinance ❑ Contract/Agreement ❑ Proclamation Policy Issue: The City of Maplewood recently received an unsolicited offer to purchase the properties located at 1946 English Street — the former Maplewood Moose Lodge site. The Maplewood Economic Development Authority (EDA) needs to consider how it would like to approach the marketing and selling of this property and direct staff on how to respond to the unsolicited purchase offer. Recommended Action: None Fiscal Impact: Is There a Fiscal Impact? ✓ No ❑ Yes, the true or estimated cost is $0. Financing source(s): ❑ Adopted Budget ❑ Budget Modification ❑ New Revenue Source ❑ Use of Reserves ✓ Other: N/A Strategic Plan Relevance: ❑ Community Inclusiveness ❑ Financial & Asset Mgmt ❑ Environmental Stewardship ❑ Integrated Communication ✓ Operational Effectiveness ✓ Targeted Redevelopment The 1946 English Street properties are located in the Gladstone neighborhood. The city owns the properties as part of its land acquisition and assembly strategy to facilitate redevelopment that is consistent with the Gladstone Neighborhood Redevelopment Plan. Background: In 2019, the City purchased the former Maplewood Moose Lodge properties for $900,000. When the Maplewood Moose Lodge decided to put their properties up for sale, the City secured the site to ensure a redevelopment project that would be consistent with the Gladstone Neighborhood Master Plan which was adopted in 2006. City staff has discussed the site with numerous developers over the past couple of years. City staff has relayed to potential developers the benefits of incorporating the adjacent properties that the city EDA Packet Page Number 29 of 31 G1 does not own into a potential redevelopment project, but these discussions have not resulted in any formal acquisition from potential developers. The city is seeing an increase in interest from developers in acquiring and redeveloping the former Moose Lodge site and recently received an unsolicited offer from a developer for a "workforce housing project that is high quality but affordable." The developer would intend to finance the project with 4 percent low-income housing tax credits, tax-exempt bonds, and tax increment financing from the Minnesota Housing Finance Agency and the City of Maplewood. This financing structure is similar to other projects in the Gladstone Neighborhood in which the city has supporting applications to the Minnesota Housing Finance Agency. The key difference is the other projects have all sought 9 percent tax credits — which are extremely competitive — versus this project which would seek 4 percent tax credits — which are not as competitive. In the recent past, the City has issued a Solicitation of Offers for city -owned properties to make the development community aware of the property and to provide a fair and equitable comparison of purchase offers. This was done successfully with the fire station property — 2501 Londin Lane; and Gladstone House — 1375 Frost Avenue. Regardless, if the EDA would like to issue a Solicitation of Offers for 1946 English Street or consider the current purchase offer the following evaluation criteria — which were created using EDA feedback — should be used when considering any offers for these properties: 1. Consistency with the city's 2040 Comprehensive Plan, Gladstone Neighborhood Redevelopment Plan, and Rush Line/Purple Line BRT project. 2. Ability of the developer to perform as demonstrated by outcomes of similar projects, financial feasibility, capability of obtaining additional funding sources, quality of the proposal, and evidence of development team's abilities 3. Purchase price 4. Closing date 5. Providing affordable housing that meets the greatest level of affordability that is financially feasible. 6. Proposed amount and length of any Tax Increment Financing. Staff recommends that a Solicitation of Offers be issued for the 1946 English Street properties to be released to the development community. This would be consistent with our past actions and previous EDA feedback and direction. The EDA would then consider the current offer with additional information to effectively evaluate their offer and project against the review criteria above. Attachments: 1. Location Map EDA Packet Page Number 30 of 31 • - w / y r d Skillman Ave 4 ■rU 0% Ryan Ave 1 r Ole P7. I t- c, T t ' CU 401 Ag Frost Av =--C: "mot ` .,may^ r. ..- - - -.y` 0%..:, �....•11- F rn ..: ,.r 'C S{ dW d c � fl) Iy 5umire'rAve . "FrisbieAve 2 ' a Ripley Aver 1, Legend A All 0 r F _ _ 1 �. _ For the permanent record: Meeting Date: 4/11/2022 Agenda Item G1, Additional Attachment N N 0 L- CL a For the permanent record: Meeting Date: 4/11/2022 Agenda Item G1, Additional Attachment W o V � N CD N N � J o C o � � a� v O � � Q CD o Ln W CD o v� L L.L v o For the permanent record: Meeting Date: 4/11/2022 Agenda Item G1, Additional Attachment O i O c6 O o v a� +J o O N.� N jc ._ E Ln ® o o L.I.. o Q' Q X n z w � U v� LL a N U = E k i Poo/v\E) i d e w For the permanent record: Meeting Date: 4/11/2022 Agenda Item G1, Additional Attachment C N - W 'L CO C O U Q� +-' O U ( J a� � o j 4) 06 o Ou > a� C o U _O C O U W � M — W 4) c: > -o >, m wE o V +J a� m j V)_0 k;iPoo/v\E)idew For the permanent record: Meeting Date: 4/11/2022 Agenda Item G1, Additional Attachment to T O E O N Ln o o � C a) G p CO L.L For the permanent record: Meeting Date: 4/11/2022 Agenda Item G1, Additional Attachment W W O J � o �l� � O T O L 0 0 LU 0 �! E N L U E O o LL cn cn 0 M E 0 0 Q� N 0- 0 CL Q) Ln c6 U i lQ T 0 Ln E i l.� T 0 i a--+ J M E i 6 Eel 0 i n k;iPoo/v\E)idew For the permanent record: Meeting Date: 4/11/2022 Agenda Item G1, Additional Attachment �Fj r (D O � c6 ry � c6 c6 E > r � O� � T 0- O— O N (D ~ }� -0 E > O O O O — = J U > ca 4-j 4' U i w Q Q L O _U o > r LL v� w k i Poo/v\E) i d e w For the permanent record: Meeting Date: 4/11/2022 Agenda Item G1, Additional Attachment Q� .N c6 O � E 2) 0Ln T O O O O i � cn p c6 O Q E C U 0 IW O LL Z • • • k i Poo/v\E) i d e w For the permanent record: Meeting Date: 4/11/2022 Agenda Item G1, Additional Attachment +-j U (D O O 4-j L O � O Q � O N L +-j U l(�D T Q� O T O _O 4' C6 U � N N� Q� Q Cam-• 1 N U t 40-0 � 0`� � o � > � C Q L2) Q .LA uj U — c6 E a- j a-j L— O > O O O ® o a) o LL w k i Poo/v\E) i d e w