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Home My WebLink About2022-09-12 EDA Packet AGENDA MAPLEWOOD ECONOMIC DEVELOPMENT AUTHORITY 6:00 P.M. Monday, September 12, 2022 City Hall, Council Chambers A. CALL TO ORDER B. ROLL CALL C. APPROVAL OF AGENDA D. APPROVAL OF MINUTES 1. July 25, 2022 Economic Development Authority Special Meeting Minutes E. PUBLIC HEARING None F. UNFINISHED BUSINESS None G. NEW BUSINESS 1. Resolution Providing Approval of the 2023 Preliminary EDA Budget 2. Call for a Special Meeting of the EDA on September 26, 2022 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 SPECIALMEETINGMINUTES MAPLEWOOD ECONOMIC DEVELOPMENT AUTHORITY 6:30 P.M. Monday, July25, 2022 City Hall, Council Chambers A.CALL TO ORDER A special meeting of the Maplewood Economic Development Authority (EDA)was heldin the City Hall Council Chambers and was called to order at6:30p.m. by President Knutson. B.ROLL CALL William Knutson, PresidentPresent Marylee Abrams, CommissionerPresent Rebecca Cave, CommissionerPresent Kathleen Juenemann, CommissionerPresent Nikki Villavicencio,CommissionerPresent C.APPROVAL OF AGENDA CommissionerAbramsmoved to approve the agendaas submitted. Seconded by CommissionerCaveAyes – All The motion passed. D.APPROVAL OF MINUTES 1.July11, 2022 Economic Development AuthorityMeeting Minutes CommissionerJuenemannmoved to approve the July 11, 2022Economic Development AuthorityMeeting Minutes assubmitted. Seconded by CommissionerAbrams Ayes – All The motion passed. E.PUBLIC HEARING None F.UNFINISHED BUSINESS None. G.NEW BUSINESS 1.Term Sheet with Enclave Companies for Redevelopment of 3090 Southlawn Drive Assistant Executive DirectorThomson gave the staff report. Keith Dahl, Municipal Advisor with Ehlers, addressee the EDA and provided further information. EDA Attorney July,25, 2022 Maplewood Economic Development AuthoritySpecial MeetingMinutes 1 EDA Packet Page Number 1 of 6 D1 Batty offered additional clarification. Patrick Brama, Development Manager with Enclave Companies, answered questions of the EDA. Commissioner Abramsmoved to approvethe Term Sheet with Enclave Companies. Seconded by CommissionerJuenemannAyes – All The motion passed. H.ADJOURNMENT President Knutsonadjourned the meeting at6:45p.m. July,25, 2022 Maplewood Economic Development AuthoritySpecial MeetingMinutes 2 EDA Packet Page Number 2 of 6 MAPLEWOOD ECONOMIC DEVELOPMENT AUTHORITY STAFF REPORT Meeting Date September 12, 2022 Melinda Coleman, City Manager REPORT TO: REPORT FROM: Ellen Paulseth, Finance Director PRESENTER: Ellen Paulseth, Finance Director AGENDA ITEM: Resolution Providing Approval of the 2023 Preliminary EDA Budget Action Requested: MotionDiscussion Public Hearing Form of Action: Resolution OrdinanceContract/Agreement Proclamation Policy Issue: State law requires that cities certify their proposed property tax levies to the county auditor by th September 30. Once certified, the proposed tax levy can be reduced but cannot be increased. The EDA bylaws require the EDA to submit a budget annually to the City Council for consideration and incorporation into the CityÓs annual budget and tax levy. Recommended Action: Motion to adopt the resolution providing approval of the 2023 Preliminary EDA Budget, in the amount of $150,000, with a funding request of $150,000 from the City Council. Fiscal Impact: Is There a Fiscal Impact? No Yes, the true or estimated cost is $150,000 Financing source(s): Adopted Budget Budget Modification New Revenue Source Use of Reserves Other: N/A Strategic Plan Relevance: Community InclusivenessFinancial & Asset MgmtEnvironmental Stewardship Integrated CommunicationOperational EffectivenessTargeted Redevelopment The operations of the EDA reflect all components of the strategic plan. Background: The City Council held two budget workshops in August with City staff. A separate levy for the HRA is not being considered this year. The proposed funding will provide a minimum level of operating revenue for the EDA in 2023. The EDA budget proposal is attached. Attachments: 1.Resolution Providing Approval of the 2023 Preliminary EDA Budget 2.EDA 2023 Budget Proposal EDA Packet Page Number 3 of 6 MAPLEWOOD ECONOMIC DEVELOPMENT AUTHORITY RESOLUTION RECOMMENDING APPROVAL OF THE 2023 PRELIMINARY EDA BUDGET WHEREAS, State law requires the City of Maplewood to certify its preliminary property tax levy to the th County Auditor by September 30 of each year; and WHEREAS, the bylaws of the Maplewood Economic Development Authority (EDA) require the EDA to submit an annual budget to the City Council for inclusion and incorporation in the CityÓs annual budget and tax levy. NOW THEREFORE BE IT RESOLVED that the Maplewood Economic Area Development Authority (EDA) approves the 2023 Preliminary EDA Budget, in the amount of $150,000, and recommends a request to the Maplewood City Council for funding in the amount of $150,000 for fiscal year 2023. EDA Packet Page Number 4 of 6 G Attachment 2 City of Maplewood 2023 Special Revenue Budget Summary Maplewood EDA Fund Responsible Department: Community Development Maplewood EDA (280)OriginalProposed ActualBudget EstimatedBudgetBudget % 2021202220222023Incr/(Decr) Revenues: Property Taxes$ 98,519$ 100,000 100,000$ 150,00050.00% Other Taxes----0.00% Licenses & Permits----0.00% Intergovernmental 29,965---0.00% Charges for Services----0.00% Fines & Forfeits----0.00% Interest----0.00% Miscellaneous Revenue--50,000 -0.00% Total Revenues 128,484 100,000 150,000 150,00050.00% Expenditures: Current General Government----0.00% Community Development 104,284 100,000 500,000 150,00050.00% Parks & Recreation----0.00% Public Safety----0.00% Public Works----0.00% Total Current Expenditures 104,284 100,000 500,000 150,00050.00% Capital Outlay General Government----0.00% Public Safety----0.00% Parks & Recreation----0.00% Community Development----0.00% y----0.00% Total Capital Outla Total Expenditures 104,284 100,000 500,000 150,00050.00% r -24,200(350,000) -0.00% Excess of Revenues Ove (Under) Expenditures Other Financing Sources (Uses) Transfers In 390,000-500,000 -0.00% Transfers Out- -- -0.00% Sale of General Fixed Assets- -- -0.00% Total Other Financing 390,000- 500,000-0.00% Sources (Uses) Net Change in Fund Balance 414,200- 150,000- Fund Balances: r 189,717 603,917 603,917 753,917 Beginning of Yea End of Year$603,917 $603,917 $753,917 $753,917 EDA Packet Page Number 5 of 6 G2 MAPLEWOOD ECONOMIC DEVELOPMENT AUTHORITY STAFF REPORT Meeting Date September 12, 2022 REPORT TO: Melinda Coleman, Executive Director REPORT FROM: Jeff Thomson, Assistant Executive Director PRESENTER:Jeff Thomson, Assistant Executive Director AGENDA ITEM: Call for a Special Meeting of the EDA on September 26, 2022 Action Requested: Motion Discussion Public Hearing Form of Action: Resolution Ordinance Contract/Agreement Proclamation Policy Issue: At the beginning of the year, the Economic Development Authority (EDA) established its regular meeting schedule for 2022, which generally meets quarterly. The EDA has the ability to cancel or add meetings as needed as agenda items arise. Recommended Action: Motion to call a special meeting of the EDA on September 26, 2022 at 6:00pm in the City Hall Council Chambers for the purpose of reviewing Tax Increment Financing applications. 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: Community Inclusiveness Financial & Asset Mgmt Environmental Stewardship Integrated Communication Operational Effectiveness Targeted Redevelopment N/A Background: Staff recommends that the EDA call a special meeting on September 26, 2022. The tentative agenda for the meeting includes the review of Tax Increment Financing applications for the redevelopment of the Myth at 3090 Southlawn Drive and the redevelopment of Maplewood Marine at 1136 and 1146 Frost Avenue. Attachments: None EDA Packet Page Number 6 of 6