2015.02.18 EDC Packet - Laserfiche WebLink

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Ryan’s Redevelopment Services Agreement & Colliers Listing Agreement Gundlach reported that agreements with Ryan and Colliers were presented to the City Council on November 26, 2014 and the Council unanimously approved the extensions as recommended by the EDC. Staff Presentation on New Brighton’s Redevelopment History Gundlach provide the EDC with a presentation on New Brighton’s redevelopment history along with the number of TIF districts that have been created since the 1970’s. She believed that the redevelopment of the City had been very deliberate. Staff reviewed several maps of the City with the EDC noting redevelopment efforts centered along the main thoroughfare of Old Highway 8. Discussion ensued regarding development of City Hall and the Fire Station. Discussion - Part 1 of 2: New Brighton’s Future in Economic Development Gundlach discussed economic development currently taking place in New Brighton. She noted the City currently had 33 TIF districts in place. Chair Zisla suggested staff investigate job growth in the community given the high level of new development in New Brighton. Commissioner Benke discussed the “but for” language within TIF and believed that TIF was a valuable tool available to the City to assist with redevelopment. Commissioner Murlowski provided comment on the City’s past TIF districts and how these have evolved over time. Commissioner Knights asked what benefits the residents have realized due to the economic development in the City and the use of TIF. Councilmember Burg discussed the districts that have been decertified and have therefore increased the City’s tax base. Further discussion ensued regarding the achievements the City has realized through its redevelopment and use of TIF. Commissioner Zelm believed that New Brighton was missing out on the mixed-use residential developments due to the fact the City was fully built out. Gundlach discussed how other communities were addressing economic development and the relationships or partnerships that were being forged between cities and developers. Gundlach reviewed the mission of the EDC as stated within City Code and encouraged the group to consider where economic development efforts should be focused in the future. She stated when she first arrived at the City nine years ago there was an initiative to reach out to local business owners, however these efforts were poorly received. Commissioner Benke suggested the Chamber of Commerce be contacted to see how they were interacting with the City’s local business owners. Gundlach discussed the priorities of the Council and reported the group was interested in reviewing areas of the City that were seeing growth and areas that were on the decline, with regard to property values. Staff would be assisting the Council and EDC with this analysis. With this information, trends could be further evaluated. She questioned what efforts the EDC would like to focus on. Commissioner Zelm believed the City would have to consider if it wanted to remain a suburb or push towards urbanization.