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HomeMy WebLinkAbout2002.07.16 PACKET •1 . CITY OF COTTAGE GROVE ECONOMIC Secretary DEVELOPMENT AUTHORITY AGENDA Tuesday, July 16 7:30 A.M. 1. Call to Order 2. Roll Call 3. Approval of June 11, 2002 Minutes 4. Business Items • A. Project Updates B. Gateway Redevelopment/Kohl's Development 1. Purchase Agreement for 7750 Harkness Avenue 2. Purchase Agreement for Units #2 and #6, 7121 East Point Douglas Road C. 2002 EDA Golf Tournament D. Livable Communities Grant E. 2003 Proposed ED Trust Fund Budget F. Metro East Development Partnership Update G. EDA Member Terms H. Economic Development Association of Minnesota Award I. Manufacturer's Week/Month J. Calendar 5. Miscellaneous Business Items • 6. Adjourn Next Meeting Date: August 13, 2002 J:\Economic Development\EDA Packets\2002\Agendas\July 16 Regular.doc City of Cottage Grove • Memo To: Economic Development Authority Members / From: Michelle Wolfe, Assistant City Administrator f4��w Date: 07/10/02 Re: Project Updates Attached is the list of active projects. The City did not receive any new leads since the last EDA meeting. However, many of the existing leads have been very active. Staff has been responding to brokers working on a restaurant, a multi-tenant facility for the Industrial Park, a packaging/distribution facility, and a large rail-use project. Work continues on the Kohl's project as well as Grove Plaza Redevelopment, Walgreen's, • and Country Inn and Suites. We continued to respond to follow-up requests for information on other active files. Staff will provide a verbal update regarding all current active leads at the meeting. 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E 0 0) Otmm20ZX OOm - v CO co r- co 0 o M v'LO co N- CO •- N- N N N N N N N 0IA O O O O O O O O o O O O O 44c'4 ('4• 12' 0000000000000 mm " 0000000000000 ILLUWWWWWWWWWWWW City of Cottage Grove • Memo To: Economic Development Authority Members From: Michelle Wolfe, Assistant City Administrator(Kett) Date: 07/12/02 Re: Gateway Redevelopment: Kohl's Development Agreement The Kohl's Corporation was expected to consider approval on the development agreement on Friday, July 12. As a result of discussions relating to their consideration, some changes were being discussed for the development agreement. Therefore, staff may need to bring an amendment to the development agreement before you at the July • 16 meeting. • F:\Groups\PER_ECON\Economic Development\EDA Memos\2002\July 02 Kohls.doc Memo To: Economic Development Authority • From: Ryan R. Schroeder Date: July 11, 2002 Subject: Property Purchase Proposal As a result of the Kohl's redevelopment project and the construction of Hardwood Avenue the EDA has entered into purchase agreements for purchase of the Stoltz, Snow, and Hoekstra properties along East Point Douglas Road and Harkness Avenue. One of those properties, the Stoltz parcel, is occupied by a tenant, and as such the EDA is relegated to a position of finding replacement housing for that tenant. Further, we need to find comparable housing at comparable rents. The tenancy of the Stoltz property has a very tenant favorable lease rate in place at $925/month. Comparable replacement housing, we believe, is available at $1250/month. According to the Uniform Relocation Act the EDA is responsible for providing a Replacement Housing Differential (RHP) in the amount of the gap between current rent and replacement housing rent. That obligation is for a 42- month period. Hence, the RHP is expected to be $13,650 plus moving expenses estimated at $1500 to $2000. We were recently approached by the owners of the property at 7750 Harkness • Avenue requesting that we consider purchase of their property. In reaction to that we have for your consideration a purchase agreement in the amount of $255,000, which is the amount of the appraisal for the Hoekstra property that was conducted last July. The Hoekstra parcel is 1.62 acres with a 1728 SF rambler. The Bruhn property is 2.207 acres with a 2600 SF rambler. The Hoekstra parcel is necessary for the Hardwood project, while the Bruhn property is not similarly situated (although control of the property would make the grading operation somewhat easier). The intent of the acquisition is to provide for a replacement housing opportunity for the Stoltz tenant at a cost below our current exposure. Secondarily, we would remarket the property either to that tenant or to a third party such at the expectation would be upon completion of the one-year lease term our obligation to the tenant and for the property would be terminated. Our expected holding costs during the one-year term of the lease (at $925/month) is $9350 plus costs of the transaction plus any maintenance and repair that may occur during the period. In order to cover that holding costs we would need to realize 4% appreciation in the value of the property. Over the past three years the housing market in Cottage Grove has been appreciating well above that amount. Additionally, with control of this property a 12,863 SF remnant parcel with no utility other than slope easement can be attached, increasing the value of the acquisition parcel. If the property were converted to a commercial use we would • need to turn it at a value of approximately $2.43/SF in order to break even. • Again, in our current market place it would be expected that that likewise could be achieved (Hoekstra, Snow and Stoltz are expecting to achieve at least $4/SF on the 60,000 SF remnant located just west of this parcel). A third potential use would be as a senior/multifamily product with theoretical potential of between 18 and 35 housing units (although a likely density approval would be expected below these levels). Attaching the property to Oakwood Park also has some potential although at this point the likelihood of positively improving the park by attaching this parcel does not appear high (further, there would not be an economic return on the parcel, hence park fund resources would be necessary to reimburse the EDA). In any case it would be expected that upon closing we would immediately start the process of remarketing the property with the caveat that it would need to continue as a rental for a one year period in order to satisfy our RHP requirements. We would finance the acquisition with the Trust Fund. Rental receipts and resale of the parcel would flow back into the Trust Fund as a result. Board Action: By motion authorize the purchase agreement for the parcel at 7750 Harkness pursuant to the above. • • Memo to: Economic Development Authority • From: Ryan R. Schroeder Date: July 12, 2002 Subj.: Purchase Authorization/Ted Risk property As part of the Gateway North / Kohl's redevelopment we are packaging a number of residential and commercial parcels. One of those parcels is an office / retail condominium located at 7121 East Point Douglas Road. There are six units within the condominium. Mr. Ted Risk (unit#'stwo and six) owns two of the units. We have a signed purchase agreement from Mr. Risk for these two units. We appraised this property effective September 18, 2001 in the amount of $285,000 (for both units). Our closing date is August 1, 2002 (or other mutually agreed upon date). It would be expected that the property value would realize some level of appreciation during the time period in between the appraisal date and the date of the purchase agreement (June 19). In recognition of that year time period we were able to negotiate a purchase amount of$322,000 (12.98% above appraised value) which is within our budget parameters for acquisition of these units. This number, if agreed upon, would set a standard for future negotiations with at least other condo unit owners, if not other commercial properties within the district. We see this as a favorable position. The tenants in these units are American Family Insurance and Great Clips. The • annual contract rents that exist for these two tenants are $27,900 (combined). We would assume the rights and obligations of the landlord upon closing on the property. At this point it is expected that the tenants would vacate the property late first quarter or early second quarter of 2003. Board Action: By motion authorize the purchase agreement with Mr. Ted Risk • City of Cottage Grove • Memo To: EDA Members From: Scott Johnson Date: 7/10/02 Re: 2002 EDA Golf Outing We have had a good response to the 2002 EDA Golf Outing. As of July 10th, we have 121 people signed up to golf in this year's event. Also, we have 22 hole sponsors for the Golf Outing. Staff has set the limit at 136 golfers. Hopefully, we will be able to reach this goal. Reminder notices to all of the people who have • signed up for the event will be sent out the week of July 15th. I have also attached the anticipated revenues and expenditures for this year's event. Staff would also like the EDA's input on restructuring the event next year to target certain audiences. This year's event has attracted a number of participants who are not in the development field. • F:\Groups\PER_ECON\Economic Development\EDA Memos\2002\July 02 Golf Outing.doc , . , . • 11 , MEMO __Ali TO: EDA Members FROM: Scott Johnson DATE: July 10, 2002 RE: PROJECTED EDA GOLF TOURNAMENT EXPENSES Here is a breakdown of revenues and expenses for the 2002 EDA Golf • Tournament: REVENUES EXPENSES Entrance fees $10,270 River Oaks Golf Course $5,700 Hole Sponsorship Signs $1,200 Divot Repair Tool/Golf Balls $1,375.50 Postage $270.20 Dining Room $3,620.62 TOTAL REVENUES $10,270 TOTAL EXPENSES $12,166.32 PROJECTED ENDING BALANCE 2002: ($1,896.32) ENDING BALANCE 2001: ($5,290.78) • ENDING BALANCE 2000: ($3,469.61) . , . , • _ m 2zzzz z zzzzzzzzzzz z zZZZZzzZZZZZzzzZZZZZZz m2222 2 22222222222 2 2222222222222222222222 mo L L 010) > > >> > > > > II 7 l' ,2 mm 2 222.° 2 m N N m m y!N CC !Z N m m .c/) .m N N UO ac O 000750 me a� Y a 2 ° as a aav c c c alas 05r49 m m m m m m r- S m•s m m m m > >U 5 0 m > >•- 5 0 0 3 m m m m O m ,_, m O O)O O O m pO o > m m N-1 m Q Q mm m m. m = m 2 m m m m m m m m w a m C F L C A >a,N CCE O C - - cc a s 7 a 3 C U a 1 a CC CC a C CC C C 0 ..J - o 000 - 000• •- •- 7•C > > _ ._ • 0 .• m •- .J ..: m .• - - 00 0 UcUUmce ma = 5 � � ininrncnz � u) cnmcnin _ o 0 M (tea Z « .m. 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CN)!_ cuN a 181- 89 y8O md Ypp pmmOOyaaO — Omm70 . mOVOm7• 322 m .c '62QnSOmm = mYimcm .6- Y 2tc0mm1zf$ E m t m c _ mE ° E'm mcTZa �v Y• a > L-) � -�m0g2m ° ernFE — CwE m c >tam' . c 1OI2 .O2v000cnmma nX0WO m -, 0M0 MEMORANDUM TO: EDA Members FROM: Kim Lindquist, Community Development Director DATE: July 12, 2002 RE: Livable Communities Grant The City is in the process of applying for a Livable Communities Demonstration Grant to facilitate aspects of a senior housing project within the City. The grant application indicates monies would be used to defray acquisition costs, construct trail linkages, and provide for a town center amenity. The application would be asking for approximately$700,000. The grant application is still in draft form, but will be provided to the EDA upon completion. For now, it is requested that the EDA formally support application for the Grant. • City of Cottage Grove • Memo To: EDA Members n_ + I I / From: Michelle Wolfe, Assistant City Administrator (1/ Date: 07/11/02 0 Re: 2003 ED Trust Fund Budget In reviewing my notes from the last EDA meeting, I realized that I had neglected to forward to you a copy of the proposed 2003 budget for the Economic Development Trust fund. A copy of the proposed budget is attached. • Attachment \\CG_FS2\CG_FS2_MAIN\Groups\PER_ECON\Economic Development\EDA Memos\2002\July 02 Trust fund.doc • FUNCTION DEPARTMENT DIV NO ACTIVITY ID General Economic 12 Economic Government Development Development Trust MISSION Funds donated or accumulated into this fund are to be used for the furtherance of economic development within the City. The purpose is to enhance economic development opportunities for commercial entities desiring to locate, expand or improve commercial property within the City. DESCRIPTION OF ACTIVITY To further economic development within the City. MAJOR OBJECTIVES FOR 2003 None Personnel Schedule Actual Actual Recommend Adopted Position Title 2001 2002 2003 2003 None • Summary Budget Program No 9286 Six Month 2000 2001 2002 2002 2003 2003 Actual Actual Budget Actual Recommend Adopted Revenue Donation 394,000 395,000 Interest 32.255 315.199 25.000 Total Revenue 426,255 Z10,199 25 'i I - Expenditure Capital Outlay 99,105 800,000 Contractual - 2.250 Total 101,359 j3Q0,000 Fund Balance Beginning balance 375,000 801,255 1,410,099 Revenue 426,255 710,199 25,000 Expenditure 101,355 800,000 Transfer Out - - - - Ending balance 801.255 1.410.099 635.099 • - 1:12003BUDINar9286 City of Cottage Grove Department Budget Request Fund 286 G:120031Budget Detail Pages\(DET9286.xIsiS. • Department Future Econ Development Program 9286 Percent 2003 Over(Under) Detail Totals Totals With Prior year Budget 2001 2002 Before Before Budget Budget Before Budget After Budget Object Code Description Actual Budget Budget Adds Budget Adds Additions Additions Additons Additons Contractual • . 4302 Legal service Total 4302 2,250 0 0 0 4350 Insurance 0 0 200 200 200 Total Contractual Svcs 2,250 0 200 200 #DIV/0! #DIV/0! Capital Outlay Land acquisition Redevelopment 150,000 Industrial Park Total 99,105 400,000 150,000 150,000 Infrastructure Redevelopment 420,400 Industrial Park Total 0 400,000 420,400 420,400 IDTotal Capital Outlay 99,105 800,000 570,400 570,400 -28.70% -28.70 Other Financing Uses 4700 Transfers out 30,000 Total 0 30,000 30,000 30,000 Total Financing Uses 0 30,000 30,000 30,000 0.00% 0.00% Total Department 101,355 830,000 600,600 600,600 -27.64% -27.64% • Page 1 City of Cottage Grove • Memo To: Economic Development Authority Members From: Michelle Wolfe, Assistant City Administrator t(" � Date: 07/10/02 Re: Metro East Development Partnership (MEDP) Update GOLF TOURNAMENT SPONSOR MEDP will hold its Annual golf tournament on August 12. Attached is information about sponsorships. Staff is considering a hole sponsorship. This would provide some excellent marketing opportunities. MEDP has been a consistent supporter and sponsor of the Cottage Grove EDA tournament. REQUESTED ACTION: Approve Cottage Grove as a hole sponsor for the MEDP Golf Outing at a cost of$750. METRO EAST BROADCAST A copy of the most recent edition is attached for your information. MINNESOTA REAL ESTATE JOURNAL ARTICLE Also attached for your information is an article written by David Piggott, Executive Director of MEDP. In the same issue was one of the Cottage Grove ads. Attachment • \\CG_FS2\CG_FS2_MAIN\Groups\PER_ECON\Economic Development\EDA Memos\2002\July 02 MEDP.doc . . . . ....._._ .......... Metro East -- .r .. um- .._._ ..... Partnership • , \.__, • , / J TO: MEDP Partners \ FROM: David Piggott,executive director DATE: June 19,2001 RE: 5th Annual Golf Outing The Metro East Development Partnership's 5th Annual Golf Outing will be held Monday, August 12th at the Hastings Country Club. Registration forms for this event will be mailed next month. Event sponsorships and hole sponsorships are available. The cost to sponsor a hole at the golf tournament is $750. Your sponsorship includes the following: • Signage at the hole • Signage in the clubhouse • Publicity in all marketing materials • Publicity in the Metro East Broadcast and Annual Report • Recognition at the event III • Four golfers; including green fees, carts, luncheon and awards reception • Sponsorship of a contest or door prize. We are also seeking some major sponsors for the event. These sponsors receive all the benefits of hole sponsors along with additional signage and recognition at the event. Finally, we can always use some quality door prizes. Your participation is critical to the continued growth and success of this event. With your help, we anticipate this year's event to be the most successful ever. I have enclosed some response forms for your convenience. You can fax them to 651-223-5484. I am coordinating this year's event. If you have any questions, I can be reached at 651-265-2760 or you can email me at piggottna,medp.org. Once again, thank you for your continuing support. • 332 Minnesota Street Suite N-205 Saint Paul,MN 55101 651/224-EAST Fax:651/223-5484 Web Site:www.medp.org • Metro East Development Partnership 2002 Golf Tournament Hole Sponsorship I wish to sponsor a hole at Hastings Country Club for the Metro East Development Partnership's 5th Annual Mid-Year Meeting and Golf Tournament scheduled for Monday, August 12, 2002. The sponsorship cost is $750 and includes the following: • Signage at the hole • Signage in the clubhouse • Publicity in all marketing materials • Publicity in Metro East Broadcast and MEDP Annual Report • Recognition at the event • Four golfers; including green fees, carts, luncheon and awards reception • Sponsorship of a contest or door prize (included in the $750) • Name: Qs5WQSE, CC) GA- Company/Community: Address: Phone/Fax: / Enclosed is a check in the amount of$750 Please send invoice to above address i atur S gn e/Date • Please mail to: MEDP at 401 North Robert St., Ste. 150, Saint Paul,MN 55101 or fax to David Piggott at(651)265-2760, or e-mail response to piggott@medp.org Metro East Development Partnership • 2002 Golf Tournament Event Sponsorship I wish to sponsor an event at Hastings Country Club for the Metro East Development Partnership's 5th Annual Mid-Year Meeting and Golf Tournament scheduled for Monday, August 12, 2001. Awards Reception& 1s`Place Golf Prizes($1,500) Barbeque Luncheon&2nd Place Golf Prizes($1,250) Board of Directors Meeting&3rd Place Golf Prizes ($1,000) My sponsorship entitles me to the following: • Signage in the clubhouse • Publicity in all marketing materials • Publicity in Metro East Broadcast and MEDP Annual Report 411 • Recognition at the event • Four golfers; including green fees, carts, luncheon and awards reception • Sponsorship of golf prizes Name: Company/Community: Address: Phone/Fax: / Enclosed is a check in the amount of Please send invoice to above address Signature/Date Please mail to: MEDP,401 North Robert St. Ste. Ste. 150, Saint Paul, MN 55101 • or fax to David Piggott at(651) 223-5484,or e-mail response to piggott@medp.org The MerBroadcasto a Please mark August 12th on your calendars. This is the The city has the capacity to add more housing due to a recent date for the 5th Annual Metro East Development expansion of the MUSA line. Although some developers Partnership Golf Outing. The event will take place at the have complained about the limitations, city officials believe it Hastings Country Club and will include a luncheon,golf is the best plan for well-planned, sustainable long-term tournament and hors d'oeuvre buffet and awards ceremony, growth. all at a shockingly low price. Invitations will be sent shortly. We are also seeking event and hole sponsors. MEDP is planning on hiring an intern for the fall Anyone needing more information on the event or semester. The intern will be responsible for updating our interested in a sponsorship opportunity can contact David membership data,Broadcast mailing list and other Piggott at 651-265-2760. membership matters. If you know of someone who may be interested in this position,which will run from September Silicon Graphics has made a commitment for 90,000 through December,please contact David Piggott at 651-265- square feet in the Grand Oak Business Park in Eagan. 2760. They have also optioned an additional 16,882 square feet in the facility. The new facility will be located on the west Oppidan Development is considering Oakdale for the site side of the park which is at Dodd Road and Highway 55. of a 67,000 square foot grocery store and a 16,500 square foot retail center. Cub Foods would occupy the site which David Piggott recently had an article published in the is located near the intersection of Hadley Avenue and Minnesota Real Estate Journal. The two-page piece Highway 36. emphasized the importance of public-private partnerships and reinforced the fact that there is great value in the two The City of Saint Paul and the Saint Paul Area Chamber sectors working together to accomplish their goals. of Commerce are making a concerted effort to attract a new Minnesota Twins stadium to Saint Paul. If you are `The Dakota County Community Development Agency interested in contributing to this effort,please call the Saint and US Bank were awarded the"Working Together Paul Area Chamber of Commerce at 651-265-2760. Team of the Year Award"at the 7th Annual Working Together Conference. The award is presented to the team The Red Wing Port Authority will be holding a golf that shows outstanding performance in working across outing in association with their Metro East Connections sectors to develop, finance,manage,maintain modernize event scheduled for Monday,July 29. Invitations will be and/or preserve affordable multi-family housing in sent out soon. Red Wing has a brand new development that Minnesota. includes 75 acres designated for industrial development. The site, located on the Mississippi River Bluffs, also has land MEDP would like to thank the cities of Oak Park designated for commercial and residential development. The Heights and Stillwater for hosting the May Metro East day will also feature golf at Mississippi National Golf Club. Connections event. The event was held on May 30t and Space for the golf portion of the event is limited so register attracted 25 participants. The June Connections event is early! More information will be coming shortly. being hosted by Washington County. This is a new twist for Connections and will focus on county land use issues as opposed to the plans of a particular city. Washington County is the 16t wealthiest county in the United States,is one of Minnesota's fastest growing, and has developed a plan for land use that you will find very interesting. Anybody considering doing business in Washington MEDP County should attend this event. It is slated for Thursday, 401 North Robert Street,Suite 150 June 20t from 11:30 am to 1:00 pm at the Washington Saint Paul,MN 55101 County Government Center in Stillwater. Lunch will be — (651)224-3278 fax(651)223-5484 provided. People may register by contacting Arnie www.medp.org 110 Wetterlin at wetterlin@medp.org. The City of Woodbury has begun implementing its new growth management plan. The city will now be limiting Volume III, Issue VI, June 2002 residential growth to approximately 600 units per year. rilla 1 1 ! . ww1 y. a � ). 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GGr O O ' c 'wis wR': N ' 0UntZ = UO 1.0EC,C OEUG� Oou 'c 0vUY• 0s sU 'r ,d W >,U, 3 a.v= o -••o-e ,sU z?e .� 3 a .. aV G corporate campus attached to manufac- -.- 7 _-- f_ turing," says Gerry Norton, senior vice ,k - -r president of Binswanger/CBB, "We're " . — 3` r _ t4r-4:, '�' marketing it locally, regionally, nation- ";� 'f _-=Y,,�. '. ally as well as internationally." = s The massive building, which sits on ti; --max _., Highway 10, features concrete block _ `""" _ `, . -�=a` walls, reinforced concrete floors, ceil- - s_,A -, : `£ ^" - ing heights up to 22-foot clear, heavy _ r power and five bridge cranes.It includes - - - >: .---...,- —-- 58,000 square feet of office space with private offices, a full-service cafeteria, IMI Cornelius Inc.'s 432,286 square foot office/manufacturing facility,located on 26 acre a computer room and conference/train- the property,which was built in phases from 1965 to 1986,is 511.1 million. ing area. The building also is served by Burlington Northern Santa Fe. ing supplier of beverage dispensing and accessories. The facility is at 1055 W. Main St., equipment. The company manufactures Company officials did not return north of downtown Minneapolis. "Anoka is a good area with a solid, and markets a full line of post-mix bev- phone calls regarding the decision to highly educated workforce with little erage dispensing systems, beer dis- sell the Anoka property. turnover,"Norton says. pensers, ice makers,juice and tea dis- Philadelphia-based Binswanger/CBB, Britain-based IMI Cornelius is a lead- pensers, carbonated beverage machines which opened a Twin Cities office in Contact the Car 4 # " f Meeting the needs of con , - . h. the carpenters of our coma 4h: , laf . , yr.A--7:t . - -# '�`'' *` _. $ ; For all your construction needs .' contact the Carpenters Union or these Contractor Associations : f= -t Lakes and Plains Regional Council 6rs of Carpenters and Joiners il ...`,..--.1,46:-,•, ti a ' , ,,4-..,31.,**4-: d vet "en - 1-877-426-3729 Q i '' '''' '' -11 476,--*''' Ay--A" ilisr-,c_ Addition? --._ _,,,,,,,,,,, ,,n t , .. .3 vt,..,,,,... .4. . morr--. . ,_-__ , ,............, ,_ ,,„..., „.. Graded Sites are now available in Cottage Grove, MN - A • An educated, skilled, growing and available work force ..v-5---,-_-- §_ • Modem infrastructure and highway 61 interchange access .„ � ` • Seven minutes south of 494/694 • Two regional airports within 20 minutes 1 • Fast track administrative approvals ., • Financial incentives for qualifying companies • Ambulance, fire, and medical clinic located within the Industrial Park New • River Oaks and Mississippi Dunes golf courses nearby • •• ' To learn more about opportunities for growth in Cottage Grove, B u'I d'n _ call Michelle Wolfe at(651)458-2882,email at econdev@cottage-grove.org g • Economic Development Authority Lakes and Plains Regional Co Carpentry Contractors Association Growt Partners Wall and Ceiling Contractors Associc 44 Independent Millwrights Contra i 7516 80th Street South Minnesota Lath and Plastering ! i Cottage Grove,MN 55016 Floor Coverers www•coitage-grov••org Pile Drivers Local • City of Cottage Grove Memo To: EDA Members From: Michelle Wolfe, Assistant City Administrator Date: 07/10/02 Re: EDA Member Terms At the end of 2002, terms for three current members of the EDA will expire (see attached list.) It has been many years since the EDA has experienced this many term expirations, and we are aware that at least one member will not be • continuing to serve on the board. Therefore, it seems prudent to begin discussions at this time, to ensure a smooth transition into 2003. • F:\Groups\PER_ECON\Economic Development\EDA Memos\2002\July 02 EDA Terms.doc Economic Development Authority Meeting Date: 2nd Tuesday Cui= Council Liaison Staff Liaison Michelle Wolfe Meeting Time:7:30 a.m. Telephone Telephone (651)458-2882 • President H: (651)480-7997 P: (612)901-9929 Wolcott 11247 Kingsborough Tr W: (651)459-2207 F: W:(651)459-02 Term History Jim Cottage Grove MN 55016 C: (612)860-3267 Term Start Date Term End Date jimmolcott.b4z1@statefarm.com 11/1/01 12/31/04 11/3/98 12/31/00 19/9/97 12/31/97 Vice President H: (651)459-1355 P: 8251 -115th Street S Term History Shiely W: (651)768-3677 F: ;Sandy Cottage Grove MN 55016 C: Term Start Date Term End Date', sshiely@yahoo.com 11/1/01 12/31/04 Authority Member H: (651)458-0814 P: !Kieven 8619 Jenner Lane S W: (651)297-2146 F: Term History (Glen Cottage Grove MN 55016 C: Term Start Date Term End Date imkx2@hotmail.com 11/1/00 12/31/05 '1/5/94 12/31/99 2/21/89 12/31/93 Authority Member H: P: Luden 3M Cottage Grove Center W: (651)458-2001 F: (651)458-2596 Term History Fred Cottage Grove MN 55016 C: Term Start Date Term End Date fjluden@mmm.com '10/28/97 12/31/02 X • Authority Member H: (651)459-6397 P: Pederson 8027 Hynes Ave S W: F: Term History Lick Cottage Grove MN 55016 C: Term Start Date Term End Date -- 10/21/98 12/31/02 X Authority Member H: P: 1Weingartner 7501 -80th Street S w: (651)459-2300 F: Term History ;Gerard Cottage Grove MN 55016 C: Term.Start Date Term End Date drweino@aol.com '1/8/97 12/31/02 1( 3/1/93 12/31/96 Authority Member H: (651)769-2605 P: 'Wennen ' 9189 Jergen Ave S W: (651)459-8339 a F: Term History Michael Cottage Grove MN 55016 C: Term Start Date Term End Date ;11/21/01 12/31/03 • City of Cottage Grove S Memo To: Economic Development Authority Members From: Michelle Wolfe, Assistant City Administrator Date: 07/12/02 Re: EDAM Award On June 26, the City of Cottage Grove was given an award for Best Business Attraction by the Economic Development Association of Minnesota. This award was presented in honor of the 2001 Industrial Park Projects: Tradehome Shoes, Advance Corporation, and American AGCO. In fact, Advance Corporation made the award. During the EDAM Conference, which was held June 26-28, Cottage Grove had an exhibit table. There I provided materials such as maps and brochures. In addition, Scott Johnson put together an excellent exhibit showcasing our marketing materials, including all of our direct-mail post cards. Steve Barrett created our latest marketing item, a "free land" give-away, a sample of which is included in your packet. On the last day of the conference, I was a member of a panel leading a discussion on Project Management. I had about twenty minutes to comment on the topic, using recent Cottage Grove projects as examples. I had some follow-up calls as a result of that session, so I think it was another good way to market Cottage Grove. • F:\Groups\PER_ECON\Economic Development\EDA Memos\2002\July 02 EDAM.doc City of Cottage Grove • Memo To: EDA Members From: Michelle Wolfe, Assistant City Administrator 11V11 Date: 07/10/02 Re: Manufacturer's Week/Month Manufacturing businesses are recognized both nationally and in the State of Minnesota during designated times. Our research indicates that National Manufacturing Week will be held March 3-6 in 2003. The State of Minnesota has indicated that the week of October 22 will be Minnesota Manufacturers Week, and October 21-November 22 will be Minnesota Manufacturers and Technology Month. Historically, it is my understanding that the EDA worked with other partners to recognize National Manufacturing Week by having the business breakfast around that time (March.) However, in recent years the breakfast has become a general business recognition event, and has moved to January with a "State of the Cities" focus. In trying to plan ahead, staff is interested in knowing whether the EDA is interested in pursuing some type of event to recognize manufacturing. Your input at the July meeting is requested. S F:\Groups\PER_ECON\Economic Development\EDA Memos\2002\July 02 Manufacturing.doc City of Cottage Grove • Memo To: Economic Development Authority Members From: Michelle Wolfe, Assistant City AdministratorOW Date: 07/10/02 Re: Calendar of Upcoming Events EDA Meeting July 16 Metro East Golf Tournament August 12 EDA Meeting August 13 5 2002 Golf Tournament August 20 EDA Meeting September 10 Women's Golf Tournament September 17 (proposed) EDA Meeting October 8 • \\CG_FS2\CG_FS2_MAIN\Groups\PER_ECON\Economic Development\EDA Memos\2002\July 02 Calendar.doc