HomeMy WebLinkAbout2013-04-10 HEDC Packet
AGENDA
CITY OF MAPLEWOOD
HOUSINGAND ECONOMIC DEVELOPMENT COMMISSION
Wednesday,April 10, 2013
7:00P.M.
Council Chambers -Maplewood City Hall
1830 County Road B East
1.Call to Order
2.Roll Call
3.Approval of Agenda
4.Approval ofMinutes:
a.February 28, 2013
5.NewBusiness:
a.Tom Snell, White Bear Area Chamber of Commerce
6.UnfinishedBusiness:
a.Green Building Program Ordinance
b.Review of HEDC Work Plan
c.Consideration of Revolving Loan Program
7.Visitor Presentations:
8.CommissionPresentations:
9.Staff Presentations:
a.Development Summary (No Report)
10.Adjourn
MINUTES OF THE HOUSING AND ECONOMIC DEVELOPMENT COMMISSION
1830 COUNTY ROAD B EAST, MAPLEWOOD, MINNESOTA
6:00 P.M., THURSDAY, FEBRUARY 28, 2013
1.CALL TO ORDER
A meeting of the Commissionwas held in the City Hall Council Chambers and was called to order
at 6:00p.m.byChairperson Jenkins.
2.ROLL CALL
Commissioners
Gary Kloncz, CommissionerPresent
Mark Jenkins, ChairpersonPresent
Jennifer Lewis, CommissionerPresent
Joy Tkachuck, CommissionerPresentat 6:28 p.m.
Beth Ulrich, CommissionerPresent
Warren Wessel, CommissionerPresent
Staff
Michael Martin, Planner
City Council Liaison
Marv Koppen
3.APPROVAL OF AGENDA
Commissioner Wesselmoved to approve the agenda as submitted.
Seconded by CommissionerLewis.Ayes –All
The motion passed.
4.APPROVAL OF MINUTES
Commissioner Ungermoved to approve the Housing and Redevelopment Authority minutesfor
August 8, 2012.
Seconded by CommissionerUlrich.Ayes –Commissioner’sUlrich
& Unger
Abstentions –Commissioner’s Kloncz,
Jenkins, Lewis &
Wessel
The motion passed.
Commissioner Wessel moved to approve the Business and Economic Development Commission
minutes for November 29, 2012.
Seconded by Commissioner Lewis.Ayes –Commissioner’s Jenkins,
Lewis & Wessel
February 28, 2013 1
Housing and Economic Development CommissionMeetingMinutes
Abstentions–Commissioner’sKloncz
& Ulrich
The motion passed.
5.NEW BUSINESS
a.Green Building Program Ordinance
i.Planner, Michael Martin introduced Assistant Building Official, Nick Carver to give his
presentation.
ii.Assistant Building Official, Nick Carver gave the Green Building Program Ordinance
presentation and answered questions of the commission.
Commissioner Unger moved to approve the green building program ordinancewith
recommended changes to the ordinance.
Seconded by Commissioner Ulrich.Ayes –All
The motion passed.
b.Tom Snell, White Bear Lake Area Chamber of Commerce –(stricken from agenda)
c.Commissioner Introductions
The HEDC commission members introduced themselves andgave theirbackground.
d.Discussion of HEDC Meeting Time
i.Michael Martin, introduced the discussion for the HEDC meeting time.
The commission discussed days and times that worked for the whole commission before deciding
that the second Wednesday of the month at 7:00 p.m. worked the best for the majority of the
commission members.
second Wednesday of
Commissioner Ulrich moved to approve the HEDC meeting time forthe
the month at 7 p.m.
Seconded by Commissioner Wessel.Ayes –All
The motion passed.
e.HEDC Rules of Procedure
i.Planner, Michael Martin reviewed the HEDC Rules of Procedure.
Commissioner Tkachuck moved to approve the HEDC Rules of Procedure.
Seconded by Commissioner Ulrich.Ayes –All
The motion passed.
f.Election of Chair and Vice Chair
i.Planner, Michael Martin gave the brief background for electing the chair and vice chair for
the commission.
Commissioner Wessel moved to nominate Beth Ulrich as Chairperson.
February 28, 2013 2
Housing and Economic Development CommissionMeetingMinutes
Seconded by Commissioner Kloncz.Ayes –All
The motion passed.
Commissioner Wessel moved to nominate Gary Kloncz as Vice Chairperson.
Seconded by Commissioner Ulrich.Ayes –All
The motion passed.
g.BEDC 2012 Annual Report
i.Planner, Michael Martin gave the report on the BEDC 2012 Annual Report
Commissioner Lewis moved to approve the BEDC 2012 Annual Report.
Seconded by Commissioner Tkachuck.Ayes –All
The motion passed.
h.Update on Tax-Forfeit Properties
i.Planner, Michael Martin gave the update on Tax-Forfeit Properties
No action was required.
6.UNFINISHED BUSINESS
None.
7.VISITOR PRESENTATIONS
None.
8.COMMISSIONPRESENTATIONS
a.Recognition of KCS Consulting Firm
ChairpersonJenkins recognized KCS Consulting Firm,a Maplewood business which employs
175 consultants and helps companies manage their supply chains and provides staffing in the IT,
engineering and administration areas. In 2012 KCS was named regional supplier of the year by
the National Minority Supplier Development Council. In 2011, the Minnesota Black Chamber of
Commerce named KCS its outstanding business of the year.
b.SPACC Networking Breakfast
ChairpersonJenkins attended the SPACC Networking Breakfast held February 28, 2013, at 7:30
a.m. at the Maplewood Community Center, for a networking meeting and breakfast. Further
information can be found at www.saintpaulchamber.com.
9.STAFF PRESENTATIONS
a.Resolution of Appreciation for Tammy Wilde
i.Planner, Michael Martin introduced the resolutionof appreciation for former HRA member,
Tammy Wilde.
February 28, 2013 3
Housing and Economic Development CommissionMeetingMinutes
Commissioner Klonczmoved to approve the resolution of appreciation for Tammy Wilde.
Seconded by Commissioner Tkachuck.Ayes –All
The motion passed.
b.Development Summary
i.Planner, Michael Martin gave the report on the development summaryin Maplewood.
No action was required.
10.ADJOURNMENT
Chairperson Ulrichadjourned the meeting at 7:57p.m.
February 28, 2013 4
Housing and Economic Development CommissionMeetingMinutes
MEMORANDUM
TO:James Antonen, City Manager
FROM:Michael Martin,AICP,Planner
Tom Snell –White Bear Area Chamber of Commerce
SUBJECT:
DATE:April 2, 2013
INTRODUCTION
Tom Snell, executive director of the White Bear Area Chamber of Commerce has
requested time to address the housing and economic development commission during
its meeting on April 10, 2013.
DISCUSSION
The White Bear Area Chamber serves the cities of: Birchwood, Dellwood, Gem Lake,
Hugo, Mahtomedi, North Maplewood, North Oaks, North Saint Paul, Vadnais Heights,
White Bear Lake, White Bear Township and Willernie.Maplewood does not have a
single chamber that covers the entire city so it is important to maintain good
relationships with the various chambers that cover the different areas of Maplewood.
RECOMMENDATION
No action required.
MEMORANDUM
TO:
James Antonen, CityManager/Chuck Ahl, Assistant City Manager
FROM:
Nick Carver, Assistant Building Official/Green Building Manager
SUBJECT:Green Building ProgramOrdinance
th
DATE:
April 10, 2013
INTRODUCTION
The Cityadopted an energy efficiency and conservation strategy in December 2009. The
strategy was required as part of the City’s energy efficiency conservation block grant. One
purposefor the strategy is to help establish policies and priorities to move Maplewood in the
direction of improved long-term operational energy efficiency.
Implementation of the strategy includes the adoption of energy policies that will ensure
achievement of the City’s energy goals. Thisgreen building program ordinancewill assist in the
promotion of green building practicesthroughout the City.The city of Maplewood will lead by
example and provide incentives for others to accomplish similar goals.
BACKGROUND
Just over threeyears ago the Maplewood city council approved an exploratory green building
program search that would promote a city wide green building program that would be effective
and with efficient results.
After detailed analysis thebuilding inspection division of the community development
department partnered with the International Code Council to assist in the development of the
National Green Building Standards for residential buildings and the International Green
Construction Code for commercial buildings.
A seminar was constructed where all the Maplewood Community Boards and the City Council
were presented with a complete description of the National Green Building Standards and the
International Green Construction Codesincluding an incentive program and implementation
plan.
On May 01, 2012, the 2012 International Green Construction Code (IgCC) publication was
released. The city of Maplewood is now recognized as aleader in “green building” and bridging
the gap for progress. The following is a condensed outlined detail of the proposed ordinance
and some commonly asked questions.
1.The ordinance should promote green building construction in all property zones.
This ordinance will accomplish these goals by including all occupancy
groups, construction types and property zones.
2.The green building ordnance is mandatory for all city owned and city financed
buildings.
City owned buildings and projects are covered as “mandatory”by this
ordinance. City owned existing buildings will be prioritized for compliance with
the 2012 IgCC Chapter 10. All city financed buildings and projects will be
consideredby the City Manager, or designee, and approved by the city
council to determine inclusion in this green building program.
3.How does the ordinance address the city’s existing buildings?
City owned existing buildings and projects will be prioritized for compliance
with the 2012 IgCC Chapter 10.Completion of all city buildings up to10 years
of adoption date.
4.Review the International Green Construction Codecontent.
5.Review the National Green Building Standardscontent.
6.How does the incentive program function?
The Community Development Director and Building Official shall annually
consider an incentive program.
The Community Development Director and Building Official shall establish a
budget item for the “Maplewood Green Building Program”.
The Community Development Director and Building Official shall establish the
residential performance level and monetary incentive rewards.
The Community Development Director and Building Officialshallestablish
“certificates of compliance” to be awarded.
The Community Development Director and Building Official shall establish a
community recognition agenda profile.
Explanation of International Green Construction Code Table 302.1
TABLE 302.1
REQUIREMENTS DETERMINED BY THE JURISDICTION
SectionSection Title or Description and Directives Jurisdictional
Requirements
CHAPTER 1. SCOPE
Detached one-and two-family dwellings and multiple single-
101.3 family dwellings (town-houses) not more than three stories in
X
Exception height abovegrade plane with a separate means of egress, YesNo
1.1their accessory structures, and the site or lot upon which
these buildings are located, shall comply with ICC 700.
101.3 Group R-3 residential buildings, their accessory structures,
X
Exception and the site or lot upon which these buildings are located, YesNo
1.2shall comply with ICC 700.
2
Group R-2 and R-4 residential buildings four stories or less in
X
101.3 height above grade plane, their accessory structures, and the YesNo
Exception site or lot upon which these buildings are located, shall
1.3comply with ICC 700.
CHAPTER 4.SITE DEVELOPMENT AND LAND USE
402.2.1Flood hazard area preservation, generalYesXNo
X
402.2.2Flood hazard area preservation, specificYesNo
X
402.3Surface water protectionYesNo
402.5Conservation areaYesXNo
X
402.7Agricultural landYesNo
X
402.8Greenfield sitesYesNo
407.4.1High-occupancy vehicle parkingYesXNo
X
407.4.2Low-emission, hybrid and electric vehicle parkingYesNo
X
409.1Light pollution controlYesNo
CHAPTER 5. MATERIAL RESOURCE CONSERVATION AND EFFICIENCY
50%
503.1Minimum percentage of waste material diverted from landfills65%
X
75%
CHAPTER 6. ENERGY CONSERVATION, EFFICIENCY AND CO²EMISSION REDUCTION
na
302.1, zEPI of Jurisdictional Choice –The jurisdiction shall indicate Occupancy:
na
302.1.1, a zEPI of 46 or less in each occupancy for which it intends to zEPI:
602.1require enhanced energy performance.
X
604.1Automated demand response infrastructureYesNo
CHAPTER 7. WATER RESOURCE CONSERVATION, QUALITY AND EFFICIENCY
XNo
702.7Municipal reclaimed waterYes
CHAPTER 8. INDOOR ENVIRONMENTAL QUALITY AND COMFORT
XNo
804.2Post-Construction Pre-Occupancy Baseline IAQ TestingYes
XNo
807.1Sound Transmission and sound levelsYes
CHAPTER 10. EXISTING BUILDINGS
1007.2Evaluationof existing buildingsXYesNo
1007.3Post Certificate of Occupancy zEPI, energy demand, and
X
No
Yes
CO²emissions reporting
REQUIREMENTS DETERMINED BY THE JURISDICTION SYNOPSIS (Maplewood)
Table 302.1 outlines the jurisdictional requirements which must be completed by the City of
Maplewood. This table provides an opportunity for the city to customize the 2012 IgCC beyond
the minimum requirements and meet local environmental priorities. A response to all categories
is required to be addressed. The following is an explanation to that table response.
3
CHAPTER 1. Scope
This chapter indicates that the National Green Building Standards will be the base document for
detached one-and two-family dwellings, multiple single-family dwellings (townhouses) not more
than three stories in height.
Group R-3 residential buildings, their accessory structures, and the site or lot upon whichthese
buildings are located.
Group R-2 and R-4 shall comply with the 2012 International Green Construction Code as a base
document.
CHAPTER 4. Site Development and land Use
The requirements listed are considered covered and protected by current city ordinances as
established by Public Works and Community Development departments. Indicating a “no”
answer allows those departments to operate as established.
CHAPTER 5. Material Resource Conservation and Efficiency
The IgCC minimum requirement is that not less than 50% of nonhazardous construction waste
be diverted from landfill disposal. Research indicates that the city of Maplewood and the state of
Minnesota have ample waste management resource programs to increase this requirement to a
minimum of 75%.
CHAPTER 6. Energy Conservation, Efficiency and CO2 Emission Reduction
The city of Maplewood has not deleted IgCC Chapter 6 but rather has deemed this Chapter 6 as
optional. The 2012 International Energy Conservation Code will typically be used as the base
document for all energy related issues. No increase is necessary.
CHAPTER 7. Water Conservation
Municipal reclaimed water is not available to the city of Maplewood at this time. No increase is
necessary.
CHAPTER 8. Indoor Environmental Quality and Comfort
The city of Maplewood agrees that the base document minimums meet all the requirements
necessary for indoor air and sound transmission quality.
CHAPTER 10. Existing Buildings
All city of Maplewood owned buildings and city of Maplewood financed buildings shall meet the
requirements specified in 2012 IgCC Section 1007.2. As part of Maplewood’s sustainability
goals all “covered” buildings shall be brought into compliance with this code. “Covered” existing
buildings will be prioritized for compliance.
4
EXCEPTIONS AND DELETIONS TO THE BASE DOCUMENTS
1.
2012 International Green Construction Code Section 101.3, exception 4 shall be
NOTE: This deletion prevents ASHRAE 189.1 as an optional design
deleted.
choice compliance path.
2.
2012 International Green Construction Code Section 301.1.1 shall be deleted.
NOTE: This deletion prevents ASHRAE 189.1 as an optional design choice
compliance path.
3.
2012 International Green Construction Code Chapter 6 shall be an optional chapter.
Chapter 6 or the 2012 InternationalEnergy Conservation Code shall be used, but not
both or portions of both.
DISCUSSION
Discuss the current code adoption with deletionsand additions. Finalize the incentive
concepts with HEDC prior to moving the ordinance forward to the City Council.
RECOMMENDATION
Recommend approval of the proposed green building program base documents and
incentive program.
5
MEMORANDUM
TO: James Antonen, City Manager
FROM: Michael Martin,AICP,Planner
Review of HEDC Workplan
SUBJECT:
DATE: April 2, 2013
INTRODUCTION
At its meeting on November 29, 2012, the business and economic development
commission (BEDC) adopted its work plans to be executed during 2013 and 2014. Now
that the BEDC has been folded into the housing and economic development commission
(HEDC) the work plan should be reviewing one more time by all members.
DISCUSSION
Throughout 2012, the city hired an economic development consultant who worked with
the BEDC to develop its work plan. Now that the BEDC was merged into the HEDC, the
work plan needs to be looked at one more time to incorporate any housing issues that
need to be addressed. Staff is not looking to rework the work plan entirely but rather see
where housing issues play a part in the major areas identified by the work plan. The
work plan does not limit the HEDC in the areas in which it will work on but rather
identifies major redevelopment areas in the city and then prioritized by this plan.
In addition to reviewing the work plan for housing opportunities, staff will provide an
update in how the work plan is being executed and implemented.
RECOMMENDATION
No action required.
Attachments:
1. HEDC Work Plan
Adopted September 29, 2012
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.
Implementation Activities and Timeline
The following implementation strategies and timeline are suggested.
Third Quarter 2012
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
2013with 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 strategyfor
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
•
l. 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.
2
Adopted September 29, 2012
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.
3
MEMORANDUM
TO:
James Antonen, City Manager
FROM:
Michael Martin, AICP, Planner
SUBJECT:Considerationof Revolving Loan Programs
DATE:
April 10, 2013
INTRODUCTION
Many Twin Cities metropolitancities utilize revolving loan programs to help stimulate business
growth or to attract new businesses to locate within its city. Maplewood, by establishing the
economic development authority (EDA) and the housing and economicdevelopment
commission (HEDC), has made a commitment to being more active in the economic
development of the city.This year’s city budget allotted approximately $90,000 into the
economic development authority’sfund.
The city has received multiple inquiries about the potential of applying for a loan from the city for
site improvements. As a result, staff has been directed to develop an application process and
program for evaluation and potential use of these funds.
BACKGROUND
Staff has reviewed several programs throughout the Twin Cities metropolitan area and will be
highlightingtwo neighboring cities as a way to show examples of how the programs are set up.
Woodbury offers a Growth Fund which provides loans of up to $250,000 for landacquisition,
buildings,machinery, equipment and leasehold improvements. Woodbury requires at least 50
percent of the project costs be financedprivately. See the attachment for an outline ofthis
program. Oakdale funds two revolving loan programs. One is for exterior improvements and
the other program is over building renovations. The exteriorimprovements fund requires a
matching contribution of up to $10,000 and the building renovation fund requires at least 80
percent of the project be financed privatelywith a maximum loan from the city of $25,000. See
the attachments for outlines of theseprograms.
DISCUSSION
Staff realizes programs can vary much more than the ones presentedbut wanted to give
examples of what cities neighboring Maplewood are doing. In the fall of 2011, the business and
economic development commission reviewed the potential of revolving loan programs and
stated it would prefer the city pooled its money for larger projects. However, creating a program
and process does not obligate the city to disperse fundsor issue loans. The city will continue to
receive assistancerequestsand would like to have a formal review process that would include
receiving a recommendation from the housing and economic development commission.
Staff anticipates that a Maplewood program would focus on building and site improvements and
would recommend the community design review board be part of the process of developing a
program since the board deals with design issues within the community. Also, this program
would deal exclusively with commercial and industrial properties. A separate fundin the city’s
budget is dedicated to housing and a proposed program will be brought to the HEDC later this
year.
The broad outline of the program would start with an application being available on the city’s
website and at city hall. Any applications made would be reviewed by the city’s financial
consultant who would handle all the loan preparations and evaluations. Once the internal staff
review is complete, the application would be brought before the HEDC and other applicable
commissions for review and a recommendation. This recommendation would be consideredby
the city’s economic development authority (city council) who would make a final decision.
RECOMMENDATION
Provide staff with recommendations on the development of a revolving loan program.
Attachments:
1.Woodbury Growth Fund
2.Oakdale Matching Improvement Loan Program
3.Oakdale Gap Rehabilitation Loan Program
Attachment 1
Woodbury Growth Fund
Program purpose: To create and retain the highest quality jobs possible with a focus on
industrial and technology related companies; to increase the local tax base and improve
the economic vitality for all Woodbury residents.
How it works: Loans are provided to new and expanding businesses.
Eligible applicants: Business and industries excluding retail, retail services, passive
investment and real estate development projects.
Minimum requirements: All projects must have a private financing match. Owner equity
must be 10% or greater. Wage and job goals must be established for projects receiving
financing in the amount of $25,000 or more.
Eligible projects: Loans for land, buildings, machinery, equipment and leasehold
improvements
Maximum available: $250,000 lending limit to any borrower.
Other funds required: At least 50% of total project costs must be privately financed
through owner equity and other lending sources. Most applications approved for funding
have at least 70% private financing.
Interest rate: Negotiated.
Terms: Real estate a maximum of 15 years; machinery and equipment a maximum of 10
years.
Collateral requirements: Negotiated. Personal guarantees may be required.
Applications accepted: On a year-round basis using the Woodbury Growth Fund
application.
Approval Time: 30 to 60 days from receipt of all information required for a complete
application.
Approving authority: Woodbury Economic Development Authority.
Disbursement of funds: As costs are incurred but pro rated with other sources of funding.
Attachment 2
CITY OF OAKDALE’S
MATCHING IMPROVEMENT LOAN PROGRAM
Program Overview
The City of Oakdale, through it’s Economic Development Committee (EDC), is making funds available
for business owners to finance exterior improvements to their properties.
Loan Amount:
Minimum loan amount is $500 and the maximum loan amount is $10,000. Initially,
owners of more than one business are eligible to apply for only one loan at one location. Additional
loans for other locations may be available depending on demand for funds and the borrower’s ability to
qualify.
Interest Rate
: 2.9%.
Term
: Maximum of five years
Matching Ratio
: The business owner must invest at least the same amount that is being provided by
the program.
Eligible Properties
All businesses located within the City of Oakdale. Properties may not be located in an area designated
for redevelopment.
Eligible Borrowers
: Both owners and lessees of the property are eligible to apply (in the latter case,
either the property owner or the business owner may apply for the loan).
Eligible Improvements:
EXTERIOR IMPROVEMENTS
Financing will only be available for visible which include, but are
not limited to:
Awnings Tuckpointing
Exterior signage Masonry Work
Signage lighting and other types of lighting Landscaping
Painting/sandblasting Roofing
Window and door repair and replacement Brick restoration
Parking lots Sidewalks
Exterior refurbishing (siding)
Ineligible Projects:
Funds may not be used for the following purposes:
Interior projects
Refinancing existing indebtedness
Personal property items
Working capital
Previously completed projects
Loan Security
: Personal and Corporate Guaranty.
Attachment 2
Total Project Cost:
It is the borrower’s responsibility to obtain the amount of funds necessary to
finance the entire cost of the work. In the event the final bill exceeds the original grant amount, the
recipient must obtain the additional funds.
Application Processing:
Applications will be considered on a first come, first served basis.
Applications will then be reviewed and ranked by City staff and the EDC according to the following
criteria:
Selection Criteria:
All eligible applications received prior to the application deadline will be analyzed
and ranked by the EDC sub-committee in each of the following categories:
Location within the City may affect the priority given to your application.
Exterior improvement projects which are located in a heavily commercialized area with high
visibility.
Exterior improvement projects which are likely to have a positive “snowball” effect on
neighboring businesses.
Projects which greatly improve the appearance or attractiveness of an area.
Projects which are part of an overall expansion project.
Projects which address the safety of residents/employee/customers in extreme cases.
The EDC will then make a recommendation to the City Council on businesses to be funded. Loans will
be expected to close no more than 2 months after final loan approval.
Work Completion:
All work must be completed within 120 days of the loan closing.
Custody of Funds:
City funds will remain in the custody of CEE until payment for completed work.
Disbursement Process:
Payment to the contractor (or owner in sweat equity situations) will be made
upon completion of work. An inspection will be performed by the City and/or CEE to verify the
completion of the work. The following items must be received prior to final disbursement of funds:
Final proposal or invoice from contractor (or materials list from supplier)
Final inspection verification by CEE (whenever a permit is not required)
Completion certificate(s) signed by borrower and contractor
Lien waiver for entire cost of work
Verification that contractor has been paid for matching portion of improvement
First Come, First Served
FOR MORE INFORMATION CONTACT
Jim Hasnik (jhasnik@mncee.org)
CEE Financial Resources
1961 Geneva Avenue
Oakdale, MN 55128
Phone Number: (612) 335-5885 Fax Number (612) 335-2650
www.mncee.org
Attachment 2
City of Oakdale
Commercial Matching Improvement Loan Program
APPLICATION FORM
Requested Loan Amount
:_$____________
Business Information:
Name of Business (Legal Name):
_________________________________________________________
Property Address: __________________________________________________________________
Business Phone____________________________ Fax_________________________
Federal Tax ID#____________________________
Type of Business: Sole Proprietorship______ Corporation_______ Partnership_______
Date Established:_______________
PRINCIPAL 1:
First Name:_______________ Last Name:_____________________ Soc. Sec. #:_______________________
Mailing Address:____________________________________________________________________________
City:_____________________________________ State:_______________ Zip Code:__________________
Home Phone:___________________ Work Phone:____________________ Work Phone:________________
PRINCIPAL 2:
First Name:_______________ Last Name:_____________________ Soc. Sec. #:_______________________
Mailing Address:____________________________________________________________________________
City:_____________________________________ State:_______________ Zip Code:__________________
Home Phone:___________________ Work Phone:____________________ Work Phone:________________
Proposed Financing Scenario
:
Please outline the sources of funds being utilized for the proposed project(s):
1. Bank financing ____________
2. Your funds ____________
3. City financing ____________
4. Total ____________
Attachment 2
Please describe your project. Include contractors bid and diagram or photo if applicable
:
Is this project part of an overall commercial expansion? Please explain
.
If the project is for health and safety improvements, please explain the extent of the problems and
the plans to eliminate or reduce the problem
.
Please complete this application and submit the following information to CEE Financial
Resources
:
Articles of Organization and Operating Agreement (if applicable)
Partnership Agreement (if applicable)
Resolution
Bids or estimates for proposed projects
SIGNATURES
I/we certify that the statements contained in this application are true and complete to the best of my/our
knowledge and behalf.
I/we hereby authorize the release of any information necessary for the lending institution to process this
application.
Applicant’s signature Co-Applicant’s signature
Return application to CEE Financial Resources: 1961 Geneva Avenue, Oakdale, MN 55128.
For information call (612) 335-5885
.
Attachment 3
CITY OF OAKDALE’S
GAP REHABILITATION LOAN PROGRAM
Program Overview
The City of Oakdale, through it’s Economic Development Committee (EDC), is making funds available
to provide subordinated, low-interest rate loans to Oakdale Business owners for the purpose of
commercial building renovations. Loans will serve to stimulate private sector investment for the
improvement of Oakdale’s aging Commercial Building Stock. This loan is intended for structural
purposes only.
Loan Amount:
Minimum loan is $5,000. Maximum is $20,000. Minimum project size: $25,000.
Initially, owners of more than one business are eligible to apply for only one loan at one location.
Additional loans for other locations may be available depending on demand for funds and the
borrower’s ability to qualify
Interest Rate
: 3.9%.
Term
: Maximum of 15 years
Matching Ratio
: The program will provide funding for up to 20% of the total project costs, not to
Example
exceed the program maximum. : if the project costs total $40,000, the business owner is
responsible for contributing $32,000 to the project(s), while the program will provide the remaining
$8,000.
Eligible Properties
All businesses located within the City of Oakdale. Properties may not be located in an area designated
for redevelopment.
Eligible Borrowers
: Only the owner of the property being improved is eligible to apply for funding.
Eligible Improvements:
Building improvements and/or additions, (i.e. Roof repair, electrical and
plumbing upgrades, HVAC systems, etc) which are necessary to improve the usability and structural
integrity of an aging commercial building in Oakdale. Improvements that enhance the marketability and
character of a commercial property will be given precedence.
Ineligible Projects:
Funds may not be used for the following purposes:
Refinancing existing indebtedness
Personal property items
Working capital
Previously completed projects
Loan Security
: Personal and Corporate Guaranty. Mortgages will be taken if the loan amount exceeds
$10,000 and/or the loan term exceeds 5 years.
Total Project Cost:
It is the borrower’s responsibility to obtain the amount of funds necessary to
finance the entire cost of the work. In the event the final bill exceeds the original grant amount, the
recipient must obtain the additional funds.
Attachment 3
Application Processing:
Applications will be considered on a first come, first served basis.
Applications will then be reviewed and ranked by City staff and the EDC according to the following
criteria:
Selection Criteria:
All eligible applications received prior to the application deadline will be analyzed
and ranked by the EDC sub-committee in each of the following categories:
Location within the City may affect the priority given to your application.
Improvement projects which are located in a heavily commercialized area with high visibility.
Improvement projects which are likely to have a positive “snowball” effect on neighboring
businesses.
Projects which greatly improve the appearance or attractiveness of an area.
Projects which are part of an overall expansion project.
Projects which address the safety of residents/employee/customers in extreme cases.
The EDC will then make a recommendation to the City Council on businesses to be funded. Loans will
be expected to close no more than 60 days after final loan approval.
Work Completion:
All work must be completed within 120 days of the loan closing.
Custody of Funds:
City funds will remain in the custody of CEE until payment for completed work.
Disbursement Process:
Payment to the contractor (or owner in sweat equity situations) will be made
upon completion of work. An inspection will be performed by the City and/or CEE to verify the
completion of the work. The following items must be received prior to final disbursement of funds:
Final proposal or invoice from contractor (or materials list from supplier)
Final inspection verification by CEE (whenever a permit is not required)
Completion certificate(s) signed by borrower and contractor
Lien waiver for entire cost of work
Verification that contractor has been paid for matching portion of improvement
First Come, First Served
FOR MORE INFORMATION CONTACT
Jim Hasnik (jhasnik@mncee.org)
CEE Financial Resources
1961 Geneva Avenue
Oakdale, MN 55128
Phone Number: (612) 335-5885 Fax Number (612) 335-2650
www.mncee.org
Attachment 3
City of Oakdale
Commercial Rehabilitation Gap Loan Program
APPLICATION FORM
Requested Loan Amount
:_$____________
Business Information:
Name of Business (Legal Name):
_________________________________________________________
Property Address: __________________________________________________________________
Business Phone____________________________ Fax_________________________
Federal Tax ID#____________________________
Type of Business: Sole Proprietorship______ Corporation_______ Partnership_______
Date Established:_______________
PRINCIPAL 1:
First Name:_______________ Last Name:_____________________ Soc. Sec. #:_______________________
Mailing Address:____________________________________________________________________________
City:_____________________________________ State:_______________ Zip Code:__________________
Home Phone:___________________ Work Phone:____________________ Work Phone:________________
PRINCIPAL 2:
First Name:_______________ Last Name:_____________________ Soc. Sec. #:_______________________
Mailing Address:____________________________________________________________________________
City:_____________________________________ State:_______________ Zip Code:__________________
Home Phone:___________________ Work Phone:____________________ Work Phone:________________
Proposed Financing Scenario
:
Please outline the sources of funds being utilized for the proposed project(s):
1. Bank financing ____________
2. Your funds ____________
3. City financing ____________
4. Total ____________
Attachment 3
Please describe your project. Include contractors bid and diagram or photo if applicable
:
Is this project part of an overall commercial expansion? Please explain
.
If the project is for health and safety improvements, please explain the extent of the problems and
the plans to eliminate or reduce the problem
.
Please complete the application and submit the following information to CEE Financial
Resources
:
Articles of Organization and Operating Agreement (if applicable)
Partnership Agreement (if applicable)
Resolution
Bids or estimates for proposed projects
Verification of Mortgage
SIGNATURES
I/we certify that the statements contained in this application are true and complete to the best of my/our
knowledge and behalf.
I/we hereby authorize the release of any information necessary for the lending institution to process this
application.
Applicant’s signature Co-Applicant’s signature
Return application to CEE Financial Resources: 1961 Geneva Avenue, Oakdale, MN 55128.
For information call (612) 335-5885
.