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HomeMy WebLinkAbout09-03-2024 EDA Packet ECONOMIC DEVELOPMENT AUTHORITY City Hall—Shared Vision Room, 3989 Central Ave NE Tuesday, September 03, 2024 5:00 PM AGENDA ATTENDANCE INFORMATION FOR THE PUBLIC Members of the public who wish to attend may do so in -person, or by using Microsoft Teams and entering meeting ID 273 856 589 149 and passcode vAFFFo . For questions please call the Community Development Department at 763-706-3670. CALL TO ORDER/ROLL CALL PLEDGE OF ALLEGIANCE CONSENT AGENDA 1. Approve August 5th, 2024, Regular EDA Meeting Minutes (pg. 3) 2. Approve the Financial Reports and Payment of the Bills for July 2024 (pg. 14) MOTION: Move to approve the Consent Agenda as presented. BUSINESS ITEMS 3. Adoption of the 2025 Budget and Authorization of the EDA and HRA Levies (pg. 29) MOTION: Move to waive the reading of Resolution 2024-22, there being ample copies available to the public. MOTION: Move to adopt Resolution 2024-22, a resolution of the Columbia Heights Economic Development Authority, adopting a budget for the fiscal year of 2025 and setting the 2024 tax levy, payable in 2025. MOTION: Move to waive the reading of Resolution 2024-23, there being ample copies available to the public. MOTION: Move to adopt Resolution 2024-23, a resolution of the Columbia Heights Economic Development Authority, adopting a budget for the fiscal year of 2025 and authorizing a special benefit tax levy, payable in 2025. BUSINESS UPDATES ADJOURNMENT 1 City of Columbia Heights AGENDA September 03, 2024 Economic Development Authority Page 2 Auxiliary aids or other accommodations for individuals with disabilities are available upon request when the request is made at least 72 hours in advance. Please contact Administration at 763-706-3610 to make arrangements. 2 ECONOMIC DEVELOPMENT AUTHORITY City Hall—Council Chambers, 3989 Central Ave NE Monday, August 05, 2024 5:00 PM MINUTES The meeting was called to order at 5:00 pm by President Szurek. CALL TO ORDER/ROLL CALL Members present: Connie Buesgens; Kt Jacobs; Rachel James; Amada Márquez-Simula; Justice Spriggs; Marlaine Szurek; Lamin Dibba Staff Present: Andrew Boucher, City Planner; Aaron Chirpich, City Manager; Mitchell Forney, Community Development Director; Sarah LaVoie, Administrative Assistant PLEDGE OF ALLEGIANCE CONSENT AGENDA 1. Approve the minutes of the regular EDA Meeting of July 01, 2024. 2. Approve financial reports and payment of bills for June 2024 – Resolution No. 2024-19. Motion by Jacobs, seconded by James, to approve the Consent Agenda as presented. All ayes of present. MOTION PASSED. RESOLUTION NO. 2024-19 A RESOLUTION OF THE ECONOMIC DEVELOPMENT AUTHORITY OF COLUMBIA HEIGHTS, MINNESOTA, APPROVING THE FINANCIAL STATEMENTS FOR THE MONTH OF JUNE 2024 AND THE PAYMENT OF THE BILLS FOR THE MONTH OF JUNE 2024. WHEREAS, the Columbia Heights Economic Development Authority (the “EDA”) is required by Minnesota Statutes Section 469.096, Subd. 9, to prepare a detailed financial statement which shows all receipts and disbursements, their nature, the money on hand, the purposes to which the money on hand is to be applied, the EDA's credits and assets and its outstanding liabilities; and WHEREAS, said Statute also requires the EDA to examine the statement and treasurer's vouchers or bills and if correct, to approve them by resolution and enter the resolution in its records; and WHEREAS, the financial statements for the month of June 2024 have been reviewed by the EDA Commission; and WHEREAS, the EDA has examined the financial statements and finds them to be acceptable as to both form and accuracy; and WHEREAS, the EDA Commission has other means to verify the intent of Section 469.096, Subd. 9, including but not limited to Comprehensive Annual Financial Reports, Annual City approved Budgets, Audits and similar documentation; and 3 Item 1. City of Columbia Heights MINUTES August 05, 2024 EDA Meeting Page 2 WHEREAS, financial statements are held by the City’s Finance Department in a method outlined by the State of Minnesota’s Records Retention Schedule, NOW, THEREFORE BE IT RESOLVED by the Board of Commissioners of the Columbia Heights Economic Development Authority that it has examined the referenced financial statements including the check history, and they are found to be correct, as to form and content; and BE IT FURTHER RESOLVED the financial statements are acknowledged and received and the check history as presented in writing is approved for payment out of proper funds; and BE IT FURTHER RESOLVED this resolution is made as part of the permanent records of the Columbia Heights Economic Development Authority. ORDER OF ECONOMIC DEVELOPMENT AUTHORITY Passed this 5th day of August 2024 Offered by: KT Jacobs Seconded by: Rachel James Roll Call: All ayes of present. MOTION PASSED. President Attest: Secretary BUSINESS ITEMS 3. Transfer of the Library Property to the City Forney reported during the review of the City and EDA-owned properties, Staff found that the library was still technically owned by the EDA. The redevelopment of the library property was carried out by the EDA and was never transferred to the City. Having the property under City ownership changes very little but allows the Council to make decisions regarding the property which technically should have been done by the EDA in the past. Questions/Comments from Members: Buesgens asked how Staff figured out that the City did not own the library property. Forney replied that while Staff was developing the map of EDA-owned properties in the City, Staff recognized that the library was not transferred to the City. Chirpich added that the library was a redevelopment site. Motion by Márquez-Simula, seconded by Spriggs, to waive the reading of Resolution No. 2024-20, there being ample copies available to the public. All ayes of present. MOTION PASSED. 4 Item 1. City of Columbia Heights MINUTES August 05, 2024 EDA Meeting Page 3 Motion by Márquez-Simula, seconded by Spriggs, to approve Resolution No. 2024-20, a Resolution of the Columbia Heights Economic Development Authority, authorizing conveyance of certain real Property to the City of Columbia Heights. All ayes of present. MOTION PASSED. RESOLUTION NO. 2024-20 A RESOLUTION OF THE COLUMBIA HEIGHTS ECONOMIC DEVELOPMENT AUTHORITY, A RESOLUTION AUTHORIZING CONVEYANCE OF CERTAIN REAL PROPERTY TO THE CITY OF COLUMBIA HEIGHTS BE IT RESOLVED, by the Columbia Heights Economic Development Authority (the “EDA”) as follows: WHEREAS, the Columbia Heights Economic Development Authority (the “Authority”) is the owner of certain real property located at 3939 Central Ave NE, Columbia Heights, in Anoka County, Minnesota and legally described as that part of block 4 Waltons rear of lots 33 & 34 block 6 Reservoir Hills lying S of N 150 ft, lying W of E 165 ft of S 180 ft of N 330 ft, & lying N of S 100 ft of W 183 ft thereof (the “Property”); and WHEREAS, the City of Columbia Heights, Minnesota (the “City”) is interested in owning the Property; and WHEREAS, the Authority has determined that it is in the best interest of the public to convey the Property to the City; and WHEREAS, the Authority and the City have followed applicable statutory provisions, including but not limited to, Minnesota Statutes, Sections 465.035 and 471.64. NOW THEREFORE, BE IT RESOLVED by the Board of Commissioners of the Columbia Heights Economic Development Authority as follows: 1. The recitals set forth in the preamble to this resolution and the exhibits attached to this resolution are incorporated into this resolution as if fully set forth herein. 2. The conveyance of the Property by the Authority to the City is hereby authorized pursuant to a quit claim deed. 3. The Board hereby authorizes the President and Executive Director, in their discretion and at such time, if any, as they may deem appropriate, to execute on behalf of the Authority all appropriate documents to convey title of the Property to the City, including but not limited to a quit claim deed (the “Conveyance Documents”), and to carry out, on behalf of the Authority, the Authority’s obligations thereunder when all conditions precedent thereto have been satisfied. The Conveyance Documents shall be in substantially the form on file with the Authority and the approval hereby given to the Conveyance Documents includes approval of such additional details therein as may be necessary and appropriate and such modifications thereof, deletions therefrom and additions thereto as may be necessary and appropriate and approved by legal counsel to the Authority and by the officers authorized herein to execute said documents prior to their execution; and said officers are hereby authorized to approve said changes on behalf of the Authority. The execution of any instrument by the appropriate officers 5 Item 1. City of Columbia Heights MINUTES August 05, 2024 EDA Meeting Page 4 of the Authority herein authorized shall be conclusive evidence of the approval of such document in accordance with the terms hereof. This resolution shall not constitute an offer and the Conveyance Documents shall not be effective until the date of execution thereof as provided herein. 4. In the event of absence or disability of the officers, any of the documents authorized by this resolution to be executed may be executed without further act or authorization of the Board by any duly designated acting official, or by such other officer or officers of the Board as, in the opinion of the City Attorney, may act in their behalf. Upon execution and delivery of the Conveyance Documents, the officers and employees of the Board are hereby authorized and directed to take or cause to be taken such actions as may be necessary on behalf of the Board to implement the Conveyance Documents. ORDER OF ECONOMIC DEVELOPMENT AUTHORITY Passed this 5th day of August 2024 Offered by: Justice Spriggs Seconded by: Amada Márquez-Simula Roll Call: All ayes of present. MOTION PASSED. President Attest: Secretary 4. Review of EDA owned Properties Forney stated at the last EDA meeting, Staff put together an internal GIS tool for the EDA that highlights City and EDA-owned properties. While this tool is not ready to be shared on the website , the list of relevant properties can be found in the Agenda Packet. Most of the homes purchased by the EDA have been purchased via the Commercial Revitalization Program. This program, established in 2017 utilized leftover funds from the HRA’s management of Parkview Villa to begin the process of revitalizing the City’s business corridors. This is completed through the purchase and demolition of nonconforming buildings on commercially zoned properties. Which are then held by the EDA until they can be resold for commercial use or can be combined with other commercial properties. Staff have brought forth this topic as at the last EDA meeting the commission did not have time to discuss. Forney highlighted the following properties: 4833 University Avenue 4827 University Avenue 841 49th Avenue 4441 Central Avenue 4416 Central Avenue 6 Item 1. City of Columbia Heights MINUTES August 05, 2024 EDA Meeting Page 5 941 44th Avenue 1002 40th Avenue 230 40th Avenue 3930 University Avenue 3853 3rd Street PIN 343024440013 PIN 343024440014 828 40th Avenue 3982 VanBuren Street 3841 Central Avenue 3851 Central Avenue 3853 Central Avenue Questions/Comments from Members: Márquez-Simula noted that she requested the map. She added that some properties on Stinson Boulevard could be housing lots. Forney displayed the map for the Commissioners and noted that one section off of Stinson Boulevard is a storm water basin. Buesgens mentioned that the wooded area off Stinson Boulevard is zoned for housing but it would be difficult to get a road there. She added that it would be great if the City could keep it wooded to preserve the trees. Chirpich suggested a conservation easement. He noted that it would need to be in conjunction with all the owners. Márquez-Simula noted the wooded area was not accessible to the public. Forney mentioned that if the City owned the road, there was an option to put in a trail. Buesgens asked if there was something the City could do in order to control any development coming in in order to protect the wooded area. Jacobs asked if homeowners had been approached about selling the wooded areas that they own. It would be an asset to the homeowner’s property if the land was preserved. Chirpich replied that the easement rights would need to be uncovered for the platted roadway to see who would have control over the road. Buesgens asked if the homeowners could be approached to see if there is interest in conserving the area. Márquez-Simula stated she would be interested in seeing how much the property values were worth, the general lot worth, and how much money the City lots were worth. She asked if there was guidance in place to preserve trees or replace any trees that were removed. Boucher replied that the City’s tree preservation Ordinance is in effect. He added that he d id not believe there would be a clear-cutting of trees in the area because the replacement costs would be significant. James asked what the plan was for marketing for the large parcel off of University Avenue. Forney replied that it was currently in a h old phase. The Comprehensive Plan has a triangle of properties on 3rd Street up to University Avenue that is planned for redevelopment. The EdA has been acquiring more of the properties until the goal is reached. Chirpich added that there is a viable redevelopment site in the current landholding. Buesgens noted that she would like the EDA to reconsider the policy of not paying relocation fees. 7 Item 1. City of Columbia Heights MINUTES August 05, 2024 EDA Meeting Page 6 She added that by not paying for relocation fees, it cost the EDA not acquiring certain properties that could have been helpful in the future. James agreed. Dibba asked if there was a goal or plan that some of the properties would provide. Forney replied that properties on University Avenue were identified in the Comprehensive Plan as being mixed - use. The rest of the EDA properties are not typically guided for anything specific. James asked if there was a benefit in holding off on development until the entire triangle of properties was acquired by the EDA. Chirpich replied that eventually, Staff would approach the property owners to see if additional property could be acquired. He mentioned that it was more likely that it would be squared off and have a three-acre project while the rest of the triangle would be redeveloped at a later date. Dibba asked if the EDA owned any rental properties. Forney replied that it is a past practice to not purchase any properties where tenants are involved since the City is not a good landlord. All the lots that the EDA owns are grass fields. Chirpich added that one of the initiatives is to acquire single-family homes on Central Avenue. Since it is a high-traffic roadway, the properties could be rezoned to commercial. However, several properties need to be acquired to make a viable project which could take some time. He noted that the EDA would need to discuss the possibility of shifting the priority from a budget perspective to strategically acquire properties. Buesgens asked if it was the right timing to discuss the policy regarding the houses along Centr al Avenue and 44th Avenue. She noted that the properties are half blocks which are harder to redevelop. She wondered if the policy could be extended to purchasing houses along and behind Central Avenue. She added that the entire block would need to be purchased to redevelop and suggested having native plants on the lot until the entire block is purchased. Chirpich added that the City has done a community garden in the past. Chirpich noted that the City has been approached by Pepe’s to purchase the single-family lot on Central Avenue. Pepe’s is currently operating from a single -family home and is legally nonconforming. Forney added that Pepe’s is a shipping company and would not be allowed in the business district. Buesgens asked if Pepe’s was not supposed to be there. Forney replied that they are legally nonconforming. Márquez-Simula noted the Pepe’s takes good care of their business and is not an eye sore. Szurek mentioned that the business on the corner of 42nd Avenue and Central Avenue is loaded with cars that are not licensed, and have wheels missing. She added that they park the cars on 42 nd Avenue during the day. She wondered why the City had not done something about it since it is a used car lot which is not allowed. Chirpich replied that it is on Staff’s radar and that the Council would be discussing consideration of a new code enforcement vehicle during the work session. Jacobs asked what type of business was allowed in a residential area. She noted that there was a taxi business that was operating. Chirpich mentioned that there is a Home Occupation Code in the City Code. He added that Staff know there are some violations and have worked through some through the criminal citation process. Boucher added that headquarters dispatch hearings are 8 Item 1. City of Columbia Heights MINUTES August 05, 2024 EDA Meeting Page 7 explicitly not allowed as home occupations and would be able to follow up if an address was provided. Spriggs asked if the home on 49th Avenue that held a chiropractic business was for sale. Forney replied that it was for sale and was purchased by the owner of the strip mall. The new owner is currently leasing the property out. Spriggs mentioned that he is interested in looking into acquiring more properties along Central Avenue by 53rd Avenue near the hold Medtronic site. He added that he would be interested in potentially seeing a redevelopment of the old City Hall location. Chirpich noted that there are no plans for the old City Hall location yet but the idea would be to house a portion of Public Works Staff during the redevelopment. James noted that it would be helpful to review the map annually and suggested putting the review on the agenda for next August. Márquez-Simula added that it would be helpful to have an update on the value of the properties and the easements as a follow-up. Márquez-Simula mentioned that there should be signs on properties that have areas that are left preserved, such as a property with a stormwater basin. Having a sign would help the public understand why the area is not mowed. 5. 2025 EDA Budget Discussion Forney reported each year the EDA sets its own budget for programs, operations, and staff. As Budget season heats up, staff wanted to circle back with the EDA on its upcoming budget to ensure it reflects the goals and priorities of the EDA. This discussion goes hand in hand with the EDA/City- owned properties discussion along with updates on the new affordable housing trust fund. Staff would like to present the current budget structure, update the EDA on recent changes, and propose shifting one of the year-to-year budget priorities. Forney noted that the EDA currently receives funding from the following sources: EDA Levy: the EDA levy is a separate tax levy that is statutorily regulated and limited by the state. The EDA specifically utilizes this levy to pay for EDA operating expenses, a portion of the Community Development Director position, and the entirety of the Community Development Coordinator position. Currently, before COLA increases are factored in, the EDA levy is budgeted for $306,600. With a maximum allowed by the state of $419,402. HRA Levy: the HRA levy is also a separate tax levy that is statutorily regulated and limited by the state. The HRA levy is maintained by the EDA since the HRA remitted all its powers and duties to the EDA. The EDA utilizes the HRA levy to fund its grant programs and commercial revitalization program. The Façade and Fire suppression Grant programs are levied for $50,000 and $60,000 respectably. With $200,000 going to the Commercial Revitalization program. Over the last few years, the Home Energy Squad Buy Down was pulled from extra fund balances. This year staff are adding it to the HRA levy so that it has a permanent funding source. This brings the HRA levy expenditures to $315,000 total with a maximum allowed by the state of $427,959. 9 Item 1. City of Columbia Heights MINUTES August 05, 2024 EDA Meeting Page 8 Anoka County HRA Levy: The ACHRA levy is an economic development-focused levy administered by Anoka County on behalf of the City. Part of this levy is held by the County in order to administer county wide programs and grant funding opportunities. The remainder is then placed in an account to be accessed by the City whenever qualifying projects emerge. The most recent use of this fund was for the purchase and demolition costs associated with 3851 -3853 Central Ave. The ACHRA Levy brought in $148,099.63 to the City’s account in 2024. Excluding the 39th and Central proj ect costs, the City currently holds $374,454.62 in its account with the ACHRA levy. Affordable Housing Trust Fund: Currently the EDA operates the affordable housing trust fund for the City. Currently the trust funds only source of income is through the re ceipt of state Local Affordable Housing AID funds (LAHA). Initially, the state had estimated that Columbia Heights would receive around $280,000 in 2024. In July staff were notified that the actual amount to be distributed to Columbia Heights was $142,878.20. The first half payment was received on July 20th. The revised number is lower due to the tax only being in effect for 7 months in 2023 and the state’s modeling being wrong. The state will continue to monitor and revise its estimates going forward. Forney explained the EDA can easily maintain the status quo but due to recent conversations with the EDA and the City receiving less LAHA funding, Staff are recommending a slight shift in the priorities of the EDA. At the last EDA meeting, the EDA spoke extensively about expanding the number of housing programs beyond a single-family rehabilitation loan program. Community Development staff still hold true to the goals of the Commercial Redevelopment Program but understand that housing is currently one of the largest barriers to regional economic development. Staff’s recommendation is to shift the current budget of $200,000 from the Commercial Revitalization Program to the Affordable Housing Trust Fund or other housing initiatives in general. With the County and City both looking at general levy increases, Staff believe that not increasing the EDA’s levies is a way to limit the increased tax burden on residents and businesses. The EDA can also maintain the Commercial revitalization program using the ACHRA levy fo r purchase and demolition projects. Staff are open to all options when considering funding the EDA’s priorities and are prepared to assist in the discussion. During the September EDA meeting, the EDA will officially pass its 2025 budget resolutions. Staff are looking for guidance in order to prepare for final approval. Questions/Comments from Members: James stated she was in favor of Staff’s recommendation. She agreed with the overall principle of keeping the EDA levy flat. Buesgens asked what the EDA would lose by transferring the $200,000 from the Commercialization Revitalization Program to the Affordable Housing Trust Fund. Forney replied that the EDA would lose the freedom on how they would like to use the money since there are more regulations. Money can still be transferred to different initiatives. Buesgens asked if $200,000 would be set aside annually or one time. Forney replied that it depends on what the EDA would like to do next year but it would be just for the 2025 budget. 10 Item 1. City of Columbia Heights MINUTES August 05, 2024 EDA Meeting Page 9 Buesgens explained that she does not believe in 0 plat taxes and believes that the taxes should be incremental even if it is smaller than before. It is healthier and better to increase it by 1-2%. Márquez-Simula agreed. James asked if the property tax statement is underneath the City numbers or listed separately. Chirpich replied that it is included in the general. James noted that the tax statement does not show the EDA tax percentage amount and added that she is willing to have a small percentage increase. Spriggs asked if there was a current balance in the commercial redevelopment fund. Forney replied he believed it was $500,000 but would circle back with the correct amount. Forney stated he would speak with the Finance Director about increasing the small percentage. Buesgens noted that if the City’s percentage does not increase much, there is a possibility of increasing the percentage for the EDA. She asked if that would be possible. Chirpich replied that the EDA needs to clarify the levies and budget in September before the City Council does. Buesgens asked if there would be a reason Staff would not suggest increasing the tax percentage. Chirpich replied that the City wants to have a balanced budget and be fiscally responsible. He added that the City could build a small surplus into the EDA levy. Buesgens asked Chirpich if there was a need to increase the tax percentage. Chirpich replied that any of the EDA programs would benefit from a surplus. Buesgens asked what the percentage maximum would be. She added that she would like to go for the maximum since it benefits the entire City. Chirpich replied the maximum would be a 32% levy increase. Buesgens noted that it would be half a percentage for the overall City tax increase. Forney noted that he would bring exact numbers back to the EDA during the next meeting. 6. Fire Suppression Grant Amendment Discussion Forney reported recently, David’s Christian Learning Center (DCLC) located in St. Matthew Lutheran Church, reached out to the Community Development Department interested in the EDA’s Fire Suppression Grant Program. As it stands, DCLC would not be able to utilize the grant because the building is located at 4101 Washington St which is located outside of the program’s geographic boundaries. Staff have brought forth the item for discussion by the commission. There are multiple routes that can be considered. Option one, maintain the program as is, limiting the program to only the City’s main commercial corridors. Option two, amend the program to allow for childcare businesses in any district. Option three expands the program to reach all areas of the City. Staff’s recommendation is option two, amending the program to add childcare businesses in any section of the City as eligible. With current market conditions, the number one barrier to residential growth and economic development is the high cost of childcare. Investing in childcare facilities no t only assists in lowering the cost of childcare but also directly contributes to the City’s workforce. Questions/Comments from Members: 11 Item 1. City of Columbia Heights MINUTES August 05, 2024 EDA Meeting Page 10 Buesgens asked if it was just for commercial buildings. Forney agreed. Dibba asked what type of businesses were primarily in the area. Chirpich replied that there are some commercial properties embedded within residential properties. The predominant commercial activity is churches and schools. Dibba wondered if there was a way to open the program to other businesses to make it broader. Szurek explained that the EDA was hoping to avoid opening the program up to everyone and had specifications on who could use the program. Forney mentioned that within residential districts, there is not any other commercial businesses in the City that would take advantage of the program. The grant program currently does not allow anything on 39 th Avenue or in the industrial district. The EDA could consider opening the program to those areas. Szurek asked if residential home daycares would be included in the program. Forney replied that only commercial buildings would be considered. Chirpich explained that the barrier is geography. The church that holds a daycare is outside of the geographic scope of the program. A commercial daycare would qualify which is why Staff are asking the EDA to consider valuing daycare as an economic development resource to fund in areas that the program typically does not reach. James stated that she was in favor of Staff’s recommendation. Spriggs agreed. He asked if there was a measure that could ensure affordability. Chirpich noted that affordable housing has a metric defined by the State but did not know if there was a metric for affordable childcare. Dibba asked if the goal of the program was to have it be affordable. Forney replied that the goal is to update the commercial spaces with fire suppression. The program starts with updating older commercial stock with fire suppression. Spriggs asked if the Staff recommendation was to open the program to all childcare businesses. Forney replied that it was Staff’s recommendation to open it to all childcare businesses but the guidelines are established by the EDA. The EDA could decide to make an exemption for one childcare business in a residential area. Staff’s recommendation would allow any religious organization that has childcare to access the program which would eliminate the issue of accepting one religious organization and not another. Márquez-Simula mentioned that this would create a safer place for kids who are in childcare. She explained that the guidelines are specific for childcare and if a business received the grant and wanted to change the building into a coffee shop, they would need to go thr ough zoning changes. She explained that the program is not created for elite childcare businesses that are charging the most for child care because they should have the funds to pay for it themselves. Jacobs added that all fire suppression grant applicants should be held to the same standard. Márquez-Simula explained that a daycare is a different kind of business and would like daycares to use funds to make sure the building is a safe environment for children. Jacobs noted that it could create a 12 Item 1. City of Columbia Heights MINUTES August 05, 2024 EDA Meeting Page 11 situation where the EDA is on thin ice by determining whether a business’s revenue is going to be a disqualifier to the program. Buesgens noted that the costs for daycare are different than other businesses such as the cost of staffing. She added due to the high costs of a daycare business, the EDA would not want them to go out of business due to fire suppression costs. Spriggs agreed and explained that by having the City provide funds, it could help drive costs down for daycares. James stated she would like to add childcare businesses because it helps economic development. Motion by James, seconded by Márquez-Simula, to amend the Fire Suppression Grant Program Guidelines adding childcare businesses to the eligible applicant’s section. All ayes. MOTION PASSED. BUSINESS UPDATES Forney stated John Connelly reached out to City Staff and the Mayor about doing a ribbon-cutting ceremony at Columbia Heights Dentistry. They are not a new business but it is a way to welcome them into the chamber. He mentioned that it was an opportunity for EDA commissioners to attend the event. Forney mentioned that the chamber does the quarterly business meetings and was typically paid for by the City. Staff realized that the City cannot pay for those costs to buy into it. The EDA will be taking over the costs of about $300. Forney noted that Instant Prints in the strip mall is closing down. He added that the demolitions on 39th Avenue and 41st Avenue have been completed. Chirpich stated that Wings Financial is under construction. There is a car wash that is proposed behind Aldi. ADJOURNMENT Motion by Buesgens, seconded by Jacobs, to adjourn the meeting at 6:26 pm. All ayes. MOTION PASSED. Respectfully submitted, _______________________________ Sarah LaVoie, Recording Secretary 13 Item 1. Resolution 2024-21 RESOLUTION NO. 2024-21 A RESOLUTION OF THE ECONOMIC DEVELOPMENT AUTHORITY OF COLUMBIA HEIGHTS, MINNESOTA, APPROVING THE FINANCIAL STATEMENTS FOR THE MONTH OF JULY 2024 AND THE PAYMENT OF THE BILLS FOR THE MONTH OF JULY 2024. WHEREAS, the Columbia Heights Economic Development Authority (the “EDA”) is required by Minnesota Statutes Section 469.096, Subd. 9, to prepare a detailed financial statement which shows all receipts and disbursements, their nature, the money on hand, the purposes to which the money on hand is to be applied, the EDA's credits and assets and its outstanding liabilities; and WHEREAS, said Statute also requires the EDA to examine the statement and treasurer's vouchers or bills and if correct, to approve them by resolution and enter the resolution in its records; and WHEREAS, the financial statements for the month of July 2024 have been reviewed by the EDA Commission; and WHEREAS, the EDA has examined the financial statements and finds them to be acceptable as to both form and accuracy; and WHEREAS, the EDA Commission has other means to verify the intent of Section 469.096, Subd. 9, including but not limited to Comprehensive Annual Financial Reports, Annual City approved Budgets, Audits and similar documentation; and WHEREAS, financial statements are held by the City’s Finance Department in a method outlined by the State of Minnesota’s Records Retention Schedule, NOW, THEREFORE BE IT RESOLVED by the Board of Commissioners of the Columbia Heights Economic Development Authority that it has examined the referenced financial statements including the check history, and they are found to be correct, as to form and content; and BE IT FURTHER RESOLVED the financial statements are acknowledged and received and the check history as presented in writing is approved for payment out of proper funds; and BE IT FURTHER RESOLVED this resolution is made as part of the permanent records of the Columbia Heights Economic Development Authority. ORDER OF ECONOMIC DEVELOPMENT AUTHORITY Passed this 3rd day of September 2024 Offered by: Seconded by: Roll Call: President Attest: Secretary 14 Item 2. AmountInvoiceInvoice DateVendorInvoice Line DescGL Number INVOICE GL DISTRIBUTION REPORT FOR CITY OF COLUMBIA HEIGHTS 1/3Page:08/15/2024 01:25 PM User: suems DB: Columbia Heights EXP CHECK RUN DATES 07/01/2024 - 07/31/2024 BOTH JOURNALIZED AND UNJOURNALIZED PAID Check 1347 3,497.50 INV156606/18/24BETTER FUTURES MNDECONSTRUCTION WORK 3851 CENTRAL AVE 408.6414.43050 3,497.50 Total For Check 1347 Check 1388 22.80 113-2498432-959060305/15/24AMAZON.COMDESKTOP ORGANIZER, PEN HOLDER204.6314.42000 9.99 113-1054230-227781805/29/24AMAZON.COMPEN HOLDER204.6314.42000 32.79 Total For Check 1388 Check 199448 850.00 671406/24/24ANGSTROM ANALYTICAL INCHAZARDOUS MATERIAL TESTING 4416 CENTRAL 408.6414.43050 850.00 Total For Check 199448 Check 199486 69.00 18194906/14/24KENNEDY & GRAVENCL205-00003 HOUSING TRUST FUND ADVISING204.6314.43050 974.00 18194906/14/24KENNEDY & GRAVENCL205-00089 4416 CENTRAL AVE PURCHASE408.6414.43050 1,043.00 Total For Check 199486 Check 199512 1,450.00 15048784305/31/24REDPATH AND COMPANY LLC2023 AUDIT ENGAGEMENT204.6314.43050 1,450.00 Total For Check 199512 Check 199516 1,396.00 7-VB06/23/24RTD POWER WASHING, INCSWEEPING - VAN BUREN RAMP228.6317.44000 1,396.00 Total For Check 199516 Check 199634 7.70 IN454937905/28/24INNOVATIVE OFFICE SOLUTIONS LLCSTAMP PADS204.6314.42000 15.83 IN455279705/31/24INNOVATIVE OFFICE SOLUTIONS LLCBOOKENDS, DATE STAMP204.6314.42000 23.53 Total For Check 199634 Check 199638 50.00 18203906/18/24KENNEDY & GRAVENMUNICIPAL LIQUOR 4300 CENTRAL DISCUSSION408.6314.43050 50.00 Total For Check 199638 Check 199651 18.25 99283819206/26/24POPP.COM INC062624 10013121 PHONE COMMDEV ADMIN204.6314.43210 13.69 99283926206/30/24POPP.COM INC063024 -10010429 COM DEV ADMINISTRATION204.6314.43210 31.94 Total For Check 199651 Check 199665 167.00 M2924706/14/24TIMESAVER OFF SITE SECRETR INCEDA MINUTES 060324204.6314.43050 167.00 Total For Check 199665 Check 199702 100.00 2490407/17/24CENTER FOR ENERGY & ENVIRONMENTHOME ENERGY VISITS 040124-063024204.6314.44600 100.00 Total For Check 199702 Check 199706 24.30 20488139906/15/24COMCAST061524 934571297 COMM DEV ADMIN (2.3%)204.6314.43250 24.30 21013884407/15/24COMCAST071524 934571297 COMM DEV ADMIN (2.3%)204.6314.43250 48.60 Total For Check 199706 Check 199777 560.50 111712895007/10/24XCEL ENERGY (N S P)ELECTRIC228.6317.43810 15 Item 2. AmountInvoiceInvoice DateVendorInvoice Line DescGL Number INVOICE GL DISTRIBUTION REPORT FOR CITY OF COLUMBIA HEIGHTS 2/3Page:08/15/2024 01:25 PM User: suems DB: Columbia Heights EXP CHECK RUN DATES 07/01/2024 - 07/31/2024 BOTH JOURNALIZED AND UNJOURNALIZED PAID Check 199777 560.50 Total For Check 199777 16 Item 2. AmountInvoiceInvoice DateVendorInvoice Line DescGL Number INVOICE GL DISTRIBUTION REPORT FOR CITY OF COLUMBIA HEIGHTS 3/3Page:08/15/2024 01:25 PM User: suems DB: Columbia Heights EXP CHECK RUN DATES 07/01/2024 - 07/31/2024 BOTH JOURNALIZED AND UNJOURNALIZED PAID 1,922.86 Fund 204 EDA ADMINISTRATION 1,956.50 Fund 228 DOWNTOWN PARKING 5,371.50 Fund 408 EDA REDEVELOPMENT PROJECT FD Fund Totals: 5,321.50 HAZARDOUS MATERIAL TESTING 4416 CENTRAL 408.6414.43050 50.00 MUNICIPAL LIQUOR 4300 CENTRAL DISCUSSION408.6314.43050 1,396.00 SWEEPING - VAN BUREN RAMP228.6317.44000 560.50 ELECTRIC228.6317.43810 100.00 HOME ENERGY VISITS 040124-063024204.6314.44600 48.60 061524 934571297 COMM DEV ADMIN (2.3%)204.6314.43250 31.94 062624 10013121 PHONE COMMDEV ADMIN204.6314.43210 1,686.00 CL205-00003 HOUSING TRUST FUND ADVISING204.6314.43050 56.32 DESKTOP ORGANIZER, PEN HOLDER204.6314.42000 --- TOTALS BY GL DISTRIBUTION --- 9,250.86 Total For All Funds: 17 Item 2. REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 1/11Page:08/15/2024 01:23 PM User: suems DB: Columbia Heights PERIOD ENDING 07/31/2024 % BDGT USED UNENCUMBERED BALANCE YTD BALANCE 07/31/2024 ACTIVITY FOR MONTH 07/31/24 ENCUMBERED YEAR-TO-DATE 2024 AMENDED BUDGETDESCRIPTIONGL NUMBER Fund 202 - ANOKA CO COMM DEV PROGRAMS Expenditures Dept 6355 - ANOKA CO HRA LEVY PROJECTS OTHER SERVICES & CHARGES 100.00 (1,231.00)1,231.00 0.00 0.00 0.00 EXPERT & PROFESSIONAL SERV.202.6355.43050 100.00 (1,231.00)1,231.00 0.00 0.00 0.00 OTHER SERVICES & CHARGES 100.00 (1,231.00)1,231.00 0.00 0.00 0.00 Total Dept 6355 - ANOKA CO HRA LEVY PROJECTS 100.00 (1,231.00)1,231.00 0.00 0.00 0.00 TOTAL EXPENDITURES 100.00 1,231.00 (1,231.00)0.00 0.00 0.00 NET OF REVENUES & EXPENDITURES 100.00 (1,231.00)1,231.00 0.00 0.00 0.00 TOTAL EXPENDITURES 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL REVENUES Fund 202 - ANOKA CO COMM DEV PROGRAMS: 18 Item 2. REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 2/11Page:08/15/2024 01:23 PM User: suems DB: Columbia Heights PERIOD ENDING 07/31/2024 % BDGT USED UNENCUMBERED BALANCE YTD BALANCE 07/31/2024 ACTIVITY FOR MONTH 07/31/24 ENCUMBERED YEAR-TO-DATE 2024 AMENDED BUDGETDESCRIPTIONGL NUMBER Fund 204 - EDA ADMINISTRATION Revenues Dept 0000 - NON-DEPARTMENTAL TAXES 58.19 91,975.43 128,024.57 126,581.47 0.00 220,000.00 EDA CURRENT AD VALOREM204.0000.31011 32.31 60,916.59 29,083.41 29,194.16 0.00 90,000.00 AREA WIDE TAX204.0000.31014 100.00 1,579.24 (1,579.24)2,291.61 0.00 0.00 DELNQ. AD VALOREM204.0000.31020 100.00 (23.16)23.16 23.16 0.00 0.00 PAYMENT IN LIEU OF TAXES204.0000.31800 100.00 112.86 (112.86)0.00 0.00 0.00 PENALTIES & INTEREST204.0000.31910 50.14 154,560.96 155,439.04 158,090.40 0.00 310,000.00 TAXES CHARGES FOR SERVICES 100.00 (30.00)30.00 0.00 0.00 0.00 ADMINISTRATIVE FEES204.0000.34112 100.00 (30.00)30.00 0.00 0.00 0.00 CHARGES FOR SERVICES MISCELLANEOUS 0.00 3,700.00 0.00 0.00 0.00 3,700.00 INTEREST ON INVESTMENTS204.0000.36210 0.00 3,700.00 0.00 0.00 0.00 3,700.00 MISCELLANEOUS 49.56 158,230.96 155,469.04 158,090.40 0.00 313,700.00 Total Dept 0000 - NON-DEPARTMENTAL 49.56 158,230.96 155,469.04 158,090.40 0.00 313,700.00 TOTAL REVENUES Expenditures Dept 6314 - ECONOMIC DEVELOPMENT AUTH OTHER SERVICES & CHARGES 100.00 (1,938.00)1,938.00 0.00 0.00 0.00 ATTORNEY FEES-OTHER204.6314.43045 199.98 (2,499.50)4,624.50 264.00 375.00 2,500.00 EXPERT & PROFESSIONAL SERV.204.6314.43050 23.33 2,300.00 700.00 0.00 0.00 3,000.00 TRAINING & EDUCATION ACTIVITIES204.6314.43105 82.26 124.18 575.82 32.08 0.00 700.00 TELEPHONE204.6314.43210 226.45 (632.27)1,132.27 0.00 0.00 500.00 POSTAGE204.6314.43220 61.38 154.48 245.52 24.30 0.00 400.00 OTHER TELECOMMUNICATIONS204.6314.43250 0.00 200.00 0.00 0.00 0.00 200.00 LOCAL TRAVEL EXPENSE204.6314.43310 0.00 1,500.00 0.00 0.00 0.00 1,500.00 OUT OF TOWN TRAVEL EXPENSE204.6314.43320 0.00 200.00 0.00 0.00 0.00 200.00 LEGAL NOTICE PUBLISHING204.6314.43500 58.33 1,333.31 1,866.69 266.67 0.00 3,200.00 PROP & LIAB INSURANCE204.6314.43600 0.00 500.00 0.00 0.00 0.00 500.00 REPAIR & MAINT. SERVICES204.6314.44000 97.20 30.80 1,069.20 0.00 0.00 1,100.00 SOFTWARE & SOFTWARE SUBSCRIPTIONS204.6314.44030 58.33 3,791.69 5,308.31 758.33 0.00 9,100.00 INFORMATION SYS:INTERNAL SVC204.6314.44040 75.00 125.00 375.00 375.00 0.00 500.00 SUBSCRIPTION, MEMBERSHIP204.6314.44330 0.00 700.00 0.00 0.00 0.00 700.00 COMMISSION & BOARDS204.6314.44380 100.00 (485.00)485.00 100.00 0.00 0.00 LOANS & GRANTS204.6314.44600 77.57 5,404.69 18,320.31 1,820.38 375.00 24,100.00 OTHER SERVICES & CHARGES PERSONNEL SERVICES 55.07 91,574.15 112,225.85 9,090.14 0.00 203,800.00 REGULAR EMPLOYEES204.6314.41010 56.51 6,653.31 8,646.69 643.62 0.00 15,300.00 P.E.R.A. CONTRIBUTION204.6314.41210 59.47 6,404.32 9,395.68 728.05 0.00 15,800.00 F.I.C.A. CONTRIBUTION204.6314.41220 56.90 10,085.09 13,314.91 709.63 0.00 23,400.00 INSURANCE204.6314.41300 42.06 927.08 672.92 33.53 0.00 1,600.00 WORKERS COMP INSURANCE PREM204.6314.41510 55.50 115,643.95 144,256.05 11,204.97 0.00 259,900.00 PERSONNEL SERVICES 19 Item 2. REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 3/11Page:08/15/2024 01:23 PM User: suems DB: Columbia Heights PERIOD ENDING 07/31/2024 % BDGT USED UNENCUMBERED BALANCE YTD BALANCE 07/31/2024 ACTIVITY FOR MONTH 07/31/24 ENCUMBERED YEAR-TO-DATE 2024 AMENDED BUDGETDESCRIPTIONGL NUMBER Fund 204 - EDA ADMINISTRATION Expenditures SUPPLIES 61.25 77.50 122.50 0.00 0.00 200.00 OFFICE SUPPLIES204.6314.42000 0.00 200.00 0.00 0.00 0.00 200.00 MINOR EQUIPMENT204.6314.42010 18.85 162.31 37.69 0.00 0.00 200.00 GENERAL SUPPLIES204.6314.42171 0.00 200.00 0.00 0.00 0.00 200.00 FOOD SUPPLIES204.6314.42175 20.02 639.81 160.19 0.00 0.00 800.00 SUPPLIES CONTINGENCIES & TRANSFERS 58.33 12,041.69 16,858.31 2,408.33 0.00 28,900.00 OPER. TRANSFER OUT - LABOR204.6314.47100 58.33 12,041.69 16,858.31 2,408.33 0.00 28,900.00 CONTINGENCIES & TRANSFERS 57.37 133,730.14 179,594.86 15,433.68 375.00 313,700.00 Total Dept 6314 - ECONOMIC DEVELOPMENT AUTH 57.37 133,730.14 179,594.86 15,433.68 375.00 313,700.00 TOTAL EXPENDITURES 100.00 24,500.82 (24,125.82)142,656.72 (375.00)0.00 NET OF REVENUES & EXPENDITURES 57.37 133,730.14 179,594.86 15,433.68 375.00 313,700.00 TOTAL EXPENDITURES 49.56 158,230.96 155,469.04 158,090.40 0.00 313,700.00 TOTAL REVENUES Fund 204 - EDA ADMINISTRATION: 20 Item 2. REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 4/11Page:08/15/2024 01:23 PM User: suems DB: Columbia Heights PERIOD ENDING 07/31/2024 % BDGT USED UNENCUMBERED BALANCE YTD BALANCE 07/31/2024 ACTIVITY FOR MONTH 07/31/24 ENCUMBERED YEAR-TO-DATE 2024 AMENDED BUDGETDESCRIPTIONGL NUMBER Fund 228 - DOWNTOWN PARKING Revenues Dept 0000 - NON-DEPARTMENTAL TRANSFERS & NON-REV RECEIPTS 0.00 56,600.00 0.00 0.00 0.00 56,600.00 TRANSFER IN-SPECIAL PROJ REV228.0000.39247 0.00 56,600.00 0.00 0.00 0.00 56,600.00 TRANSFERS & NON-REV RECEIPTS 0.00 56,600.00 0.00 0.00 0.00 56,600.00 Total Dept 0000 - NON-DEPARTMENTAL 0.00 56,600.00 0.00 0.00 0.00 56,600.00 TOTAL REVENUES Expenditures Dept 6317 - DOWNTOWN PARKING OTHER SERVICES & CHARGES 58.33 1,291.69 1,808.31 258.33 0.00 3,100.00 PROP & LIAB INSURANCE228.6317.43600 60.91 781.76 1,218.24 497.84 0.00 2,000.00 UTILITY SERVICES228.6317.43800 41.37 7,621.80 5,378.20 560.50 0.00 13,000.00 ELECTRIC228.6317.43810 22.81 27,015.77 7,369.93 0.00 614.30 35,000.00 REPAIR & MAINT. SERVICES228.6317.44000 0.00 2,000.00 0.00 0.00 0.00 2,000.00 BLDG MAINT CONTRACTUAL SERVICES228.6317.44020 29.74 38,711.02 15,774.68 1,316.67 614.30 55,100.00 OTHER SERVICES & CHARGES PERSONNEL SERVICES 0.00 1,500.00 0.00 0.00 0.00 1,500.00 INTERDEPARTMENTAL LABOR SERV228.6317.41070 0.00 1,500.00 0.00 0.00 0.00 1,500.00 PERSONNEL SERVICES 28.96 40,211.02 15,774.68 1,316.67 614.30 56,600.00 Total Dept 6317 - DOWNTOWN PARKING 28.96 40,211.02 15,774.68 1,316.67 614.30 56,600.00 TOTAL EXPENDITURES 100.00 16,388.98 (15,774.68)(1,316.67)(614.30)0.00 NET OF REVENUES & EXPENDITURES 28.96 40,211.02 15,774.68 1,316.67 614.30 56,600.00 TOTAL EXPENDITURES 0.00 56,600.00 0.00 0.00 0.00 56,600.00 TOTAL REVENUES Fund 228 - DOWNTOWN PARKING: 21 Item 2. REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 5/11Page:08/15/2024 01:23 PM User: suems DB: Columbia Heights PERIOD ENDING 07/31/2024 % BDGT USED UNENCUMBERED BALANCE YTD BALANCE 07/31/2024 ACTIVITY FOR MONTH 07/31/24 ENCUMBERED YEAR-TO-DATE 2024 AMENDED BUDGETDESCRIPTIONGL NUMBER Fund 372 - HUSET PARK AREA TIF (T6) Revenues Dept 0000 - NON-DEPARTMENTAL TAXES 56.91 366,278.03 483,721.97 469,293.19 0.00 850,000.00 CURRENT AD VALOREM372.0000.31010 100.00 (284,673.50)284,673.50 3,160.40 0.00 0.00 DELNQ. AD VALOREM372.0000.31020 90.40 81,604.53 768,395.47 472,453.59 0.00 850,000.00 TAXES MISCELLANEOUS 0.00 5,000.00 0.00 0.00 0.00 5,000.00 INTEREST ON INVESTMENTS372.0000.36210 0.00 5,000.00 0.00 0.00 0.00 5,000.00 MISCELLANEOUS 89.87 86,604.53 768,395.47 472,453.59 0.00 855,000.00 Total Dept 0000 - NON-DEPARTMENTAL 89.87 86,604.53 768,395.47 472,453.59 0.00 855,000.00 TOTAL REVENUES Expenditures Dept 7000 - BONDS OTHER SERVICES & CHARGES 68.85 171,310.01 378,689.99 378,689.99 0.00 550,000.00 LOANS & GRANTS372.7000.44600 68.85 171,310.01 378,689.99 378,689.99 0.00 550,000.00 OTHER SERVICES & CHARGES CAPITAL OUTLAY 100.00 0.00 140,000.00 0.00 0.00 140,000.00 PRINCIPAL372.7000.46010 100.00 0.00 50,200.00 24,050.00 0.00 50,200.00 INTEREST372.7000.46110 67.93 481.00 575.00 0.00 444.00 1,500.00 FISCAL AGENT CHARGES372.7000.46200 0.00 1,000.00 0.00 0.00 0.00 1,000.00 MISCELLANEOUS FISCAL CHARGES372.7000.46210 99.23 1,481.00 190,775.00 24,050.00 444.00 192,700.00 CAPITAL OUTLAY 76.73 172,791.01 569,464.99 402,739.99 444.00 742,700.00 Total Dept 7000 - BONDS 76.73 172,791.01 569,464.99 402,739.99 444.00 742,700.00 TOTAL EXPENDITURES 176.75 (86,186.48)198,930.48 69,713.60 (444.00)112,300.00 NET OF REVENUES & EXPENDITURES 76.73 172,791.01 569,464.99 402,739.99 444.00 742,700.00 TOTAL EXPENDITURES 89.87 86,604.53 768,395.47 472,453.59 0.00 855,000.00 TOTAL REVENUES Fund 372 - HUSET PARK AREA TIF (T6): 22 Item 2. REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 6/11Page:08/15/2024 01:23 PM User: suems DB: Columbia Heights PERIOD ENDING 07/31/2024 % BDGT USED UNENCUMBERED BALANCE YTD BALANCE 07/31/2024 ACTIVITY FOR MONTH 07/31/24 ENCUMBERED YEAR-TO-DATE 2024 AMENDED BUDGETDESCRIPTIONGL NUMBER Fund 375 - TIF Z6: 47TH & GRAND Revenues Dept 0000 - NON-DEPARTMENTAL TAXES 100.00 (103,891.13)103,891.13 103,891.13 0.00 0.00 CURRENT AD VALOREM375.0000.31010 100.00 (103,891.13)103,891.13 103,891.13 0.00 0.00 TAXES 100.00 (103,891.13)103,891.13 103,891.13 0.00 0.00 Total Dept 0000 - NON-DEPARTMENTAL 100.00 (103,891.13)103,891.13 103,891.13 0.00 0.00 TOTAL REVENUES Expenditures Dept 7000 - BONDS OTHER SERVICES & CHARGES 100.00 (93,502.02)93,502.02 93,502.02 0.00 0.00 LOANS & GRANTS375.7000.44600 100.00 (93,502.02)93,502.02 93,502.02 0.00 0.00 OTHER SERVICES & CHARGES 100.00 (93,502.02)93,502.02 93,502.02 0.00 0.00 Total Dept 7000 - BONDS 100.00 (93,502.02)93,502.02 93,502.02 0.00 0.00 TOTAL EXPENDITURES 100.00 (10,389.11)10,389.11 10,389.11 0.00 0.00 NET OF REVENUES & EXPENDITURES 100.00 (93,502.02)93,502.02 93,502.02 0.00 0.00 TOTAL EXPENDITURES 100.00 (103,891.13)103,891.13 103,891.13 0.00 0.00 TOTAL REVENUES Fund 375 - TIF Z6: 47TH & GRAND: 23 Item 2. REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 7/11Page:08/15/2024 01:23 PM User: suems DB: Columbia Heights PERIOD ENDING 07/31/2024 % BDGT USED UNENCUMBERED BALANCE YTD BALANCE 07/31/2024 ACTIVITY FOR MONTH 07/31/24 ENCUMBERED YEAR-TO-DATE 2024 AMENDED BUDGETDESCRIPTIONGL NUMBER Fund 391 - SCATTERED SITE TIF W3/W4 Revenues Dept 0000 - NON-DEPARTMENTAL TAXES 100.00 (28,007.47)28,007.47 28,007.47 0.00 0.00 CURRENT AD VALOREM391.0000.31010 100.00 (28,007.47)28,007.47 28,007.47 0.00 0.00 TAXES 100.00 (28,007.47)28,007.47 28,007.47 0.00 0.00 Total Dept 0000 - NON-DEPARTMENTAL 100.00 (28,007.47)28,007.47 28,007.47 0.00 0.00 TOTAL REVENUES 100.00 (28,007.47)28,007.47 28,007.47 0.00 0.00 NET OF REVENUES & EXPENDITURES 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL EXPENDITURES 100.00 (28,007.47)28,007.47 28,007.47 0.00 0.00 TOTAL REVENUES Fund 391 - SCATTERED SITE TIF W3/W4: 24 Item 2. REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 8/11Page:08/15/2024 01:23 PM User: suems DB: Columbia Heights PERIOD ENDING 07/31/2024 % BDGT USED UNENCUMBERED BALANCE YTD BALANCE 07/31/2024 ACTIVITY FOR MONTH 07/31/24 ENCUMBERED YEAR-TO-DATE 2024 AMENDED BUDGETDESCRIPTIONGL NUMBER Fund 392 - TIF BB2 ALATUS 40TH AV Revenues Dept 0000 - NON-DEPARTMENTAL TAXES 100.00 (404,497.31)404,497.31 404,497.31 0.00 0.00 CURRENT AD VALOREM392.0000.31010 100.00 (404,497.31)404,497.31 404,497.31 0.00 0.00 TAXES 100.00 (404,497.31)404,497.31 404,497.31 0.00 0.00 Total Dept 0000 - NON-DEPARTMENTAL 100.00 (404,497.31)404,497.31 404,497.31 0.00 0.00 TOTAL REVENUES Expenditures Dept 7000 - BONDS OTHER SERVICES & CHARGES 100.00 (500.00)500.00 0.00 0.00 0.00 EXPERT & PROFESSIONAL SERV.392.7000.43050 100.00 (384,272.44)384,272.44 384,272.44 0.00 0.00 LOANS & GRANTS392.7000.44600 100.00 (384,772.44)384,772.44 384,272.44 0.00 0.00 OTHER SERVICES & CHARGES CAPITAL OUTLAY 0.00 (176.00)0.00 0.00 176.00 0.00 FISCAL AGENT CHARGES392.7000.46200 0.00 (176.00)0.00 0.00 176.00 0.00 CAPITAL OUTLAY 100.00 (384,948.44)384,772.44 384,272.44 176.00 0.00 Total Dept 7000 - BONDS 100.00 (384,948.44)384,772.44 384,272.44 176.00 0.00 TOTAL EXPENDITURES 100.00 (19,548.87)19,724.87 20,224.87 (176.00)0.00 NET OF REVENUES & EXPENDITURES 100.00 (384,948.44)384,772.44 384,272.44 176.00 0.00 TOTAL EXPENDITURES 100.00 (404,497.31)404,497.31 404,497.31 0.00 0.00 TOTAL REVENUES Fund 392 - TIF BB2 ALATUS 40TH AV: 25 Item 2. REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 9/11Page:08/15/2024 01:23 PM User: suems DB: Columbia Heights PERIOD ENDING 07/31/2024 % BDGT USED UNENCUMBERED BALANCE YTD BALANCE 07/31/2024 ACTIVITY FOR MONTH 07/31/24 ENCUMBERED YEAR-TO-DATE 2024 AMENDED BUDGETDESCRIPTIONGL NUMBER Fund 393 - TIF BB6 ALATUS 4300 CENTRAL Revenues Dept 0000 - NON-DEPARTMENTAL TAXES 100.00 (15,641.34)15,641.34 15,641.34 0.00 0.00 CURRENT AD VALOREM393.0000.31010 100.00 (15,641.34)15,641.34 15,641.34 0.00 0.00 TAXES MISCELLANEOUS 0.00 63,700.00 0.00 0.00 0.00 63,700.00 LOAN INTEREST393.0000.36216 0.00 63,700.00 0.00 0.00 0.00 63,700.00 MISCELLANEOUS TRANSFERS & NON-REV RECEIPTS 0.00 5,885,000.00 0.00 0.00 0.00 5,885,000.00 BOND PROCEEDS393.0000.39310 0.00 5,885,000.00 0.00 0.00 0.00 5,885,000.00 TRANSFERS & NON-REV RECEIPTS 0.26 5,933,058.66 15,641.34 15,641.34 0.00 5,948,700.00 Total Dept 0000 - NON-DEPARTMENTAL 0.26 5,933,058.66 15,641.34 15,641.34 0.00 5,948,700.00 TOTAL REVENUES Expenditures Dept 7000 - BONDS OTHER SERVICES & CHARGES 100.00 (465.00)465.00 0.00 0.00 0.00 EXPERT & PROFESSIONAL SERV.393.7000.43050 100.00 (465.00)465.00 0.00 0.00 0.00 OTHER SERVICES & CHARGES CAPITAL OUTLAY 0.00 5,935,000.00 0.00 0.00 0.00 5,935,000.00 PRINCIPAL393.7000.46010 0.00 13,400.00 0.00 0.00 0.00 13,400.00 INTEREST393.7000.46110 100.00 (1,000.00)1,000.00 0.00 0.00 0.00 MISCELLANEOUS FISCAL CHARGES393.7000.46210 0.02 5,947,400.00 1,000.00 0.00 0.00 5,948,400.00 CAPITAL OUTLAY 0.02 5,946,935.00 1,465.00 0.00 0.00 5,948,400.00 Total Dept 7000 - BONDS 0.02 5,946,935.00 1,465.00 0.00 0.00 5,948,400.00 TOTAL EXPENDITURES 4,725.45 (13,876.34)14,176.34 15,641.34 0.00 300.00 NET OF REVENUES & EXPENDITURES 0.02 5,946,935.00 1,465.00 0.00 0.00 5,948,400.00 TOTAL EXPENDITURES 0.26 5,933,058.66 15,641.34 15,641.34 0.00 5,948,700.00 TOTAL REVENUES Fund 393 - TIF BB6 ALATUS 4300 CENTRAL: 26 Item 2. REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 10/11Page:08/15/2024 01:23 PM User: suems DB: Columbia Heights PERIOD ENDING 07/31/2024 % BDGT USED UNENCUMBERED BALANCE YTD BALANCE 07/31/2024 ACTIVITY FOR MONTH 07/31/24 ENCUMBERED YEAR-TO-DATE 2024 AMENDED BUDGETDESCRIPTIONGL NUMBER Fund 408 - EDA REDEVELOPMENT PROJECT FD Revenues Dept 0000 - NON-DEPARTMENTAL TAXES 55.54 104,490.68 130,509.32 125,430.14 0.00 235,000.00 HRA CURRENT AD VALOREM408.0000.31012 40.08 44,941.98 30,058.02 30,411.27 0.00 75,000.00 AREA WIDE TAX408.0000.31014 100.00 2,339.37 (2,339.37)2,273.70 0.00 0.00 DELNQ. AD VALOREM408.0000.31020 51.04 151,772.03 158,227.97 158,115.11 0.00 310,000.00 TAXES 51.04 151,772.03 158,227.97 158,115.11 0.00 310,000.00 Total Dept 0000 - NON-DEPARTMENTAL 51.04 151,772.03 158,227.97 158,115.11 0.00 310,000.00 TOTAL REVENUES Expenditures Dept 6314 - ECONOMIC DEVELOPMENT AUTH OTHER SERVICES & CHARGES 100.00 (269.00)269.00 0.00 0.00 0.00 EXPERT & PROFESSIONAL SERV.408.6314.43050 100.00 (298.89)298.89 0.00 0.00 0.00 MISC. CHARGES408.6314.44300 100.00 (4,600.00)4,600.00 0.00 0.00 0.00 LOANS & GRANTS408.6314.44600 100.00 (5,167.89)5,167.89 0.00 0.00 0.00 OTHER SERVICES & CHARGES CAPITAL OUTLAY 100.00 (15,000.00)15,000.00 0.00 0.00 0.00 LAND408.6314.45110 100.00 (15,000.00)15,000.00 0.00 0.00 0.00 CAPITAL OUTLAY 100.00 (20,167.89)20,167.89 0.00 0.00 0.00 Total Dept 6314 - ECONOMIC DEVELOPMENT AUTH Dept 6411 - FACADE IMPROVEMENT GRANT OTHER SERVICES & CHARGES 100.00 (19,374.34)19,374.34 15,000.00 0.00 0.00 LOANS & GRANTS408.6411.44600 100.00 (19,374.34)19,374.34 15,000.00 0.00 0.00 OTHER SERVICES & CHARGES 100.00 (19,374.34)19,374.34 15,000.00 0.00 0.00 Total Dept 6411 - FACADE IMPROVEMENT GRANT Dept 6414 - COMMERCIAL REVITALIZATION OTHER SERVICES & CHARGES 100.00 (101,371.50)92,369.00 5,532.00 9,002.50 0.00 EXPERT & PROFESSIONAL SERV.408.6414.43050 100.00 (495.21)495.21 0.00 0.00 0.00 REPAIR & MAINT. SERVICES408.6414.44000 100.00 (11,839.12)11,839.12 0.00 0.00 0.00 TAXES & LICENSES408.6414.44390 0.00 100,000.00 0.00 0.00 0.00 100,000.00 LOANS & GRANTS408.6414.44600 113.71 (13,705.83)104,703.33 5,532.00 9,002.50 100,000.00 OTHER SERVICES & CHARGES CAPITAL OUTLAY 107.87 (16,519.55)226,519.55 0.00 0.00 210,000.00 LAND408.6414.45110 107.87 (16,519.55)226,519.55 0.00 0.00 210,000.00 CAPITAL OUTLAY 27 Item 2. REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 11/11Page:08/15/2024 01:23 PM User: suems DB: Columbia Heights PERIOD ENDING 07/31/2024 % BDGT USED UNENCUMBERED BALANCE YTD BALANCE 07/31/2024 ACTIVITY FOR MONTH 07/31/24 ENCUMBERED YEAR-TO-DATE 2024 AMENDED BUDGETDESCRIPTIONGL NUMBER Fund 408 - EDA REDEVELOPMENT PROJECT FD Expenditures 109.75 (30,225.38)331,222.88 5,532.00 9,002.50 310,000.00 Total Dept 6414 - COMMERCIAL REVITALIZATION Dept 6418 - FIRE SUPPRESSION GRANT OTHER SERVICES & CHARGES 100.00 (74,436.00)74,436.00 2,872.50 0.00 0.00 LOANS & GRANTS408.6418.44600 100.00 (74,436.00)74,436.00 2,872.50 0.00 0.00 OTHER SERVICES & CHARGES 100.00 (74,436.00)74,436.00 2,872.50 0.00 0.00 Total Dept 6418 - FIRE SUPPRESSION GRANT 146.52 (144,203.61)445,201.11 23,404.50 9,002.50 310,000.00 TOTAL EXPENDITURES 100.00 295,975.64 (286,973.14)134,710.61 (9,002.50)0.00 NET OF REVENUES & EXPENDITURES 146.52 (144,203.61)445,201.11 23,404.50 9,002.50 310,000.00 TOTAL EXPENDITURES 51.04 151,772.03 158,227.97 158,115.11 0.00 310,000.00 TOTAL REVENUES Fund 408 - EDA REDEVELOPMENT PROJECT FD: 59.94 180,088.17 (56,876.37)420,027.05 (10,611.80)112,600.00 NET OF REVENUES & EXPENDITURES 23.08 5,669,782.10 1,691,006.10 920,669.30 10,611.80 7,371,400.00 TOTAL EXPENDITURES - ALL FUNDS 21.83 5,849,870.27 1,634,129.73 1,340,696.35 0.00 7,484,000.00 TOTAL REVENUES - ALL FUNDS 28 Item 2. ECONOMIC DEVELOPMENT AUTHORITY AGENDA SECTION BUSINESS ITEMS MEETING DATE 09/03/2024 ITEM: Adoption of the 2025 Budget and Authorization of the EDA and HRA Levies DEPARTMENT: Community Development BY/DATE: Mitchell Forney – 8/30/2024 BACKGROUND: In late August, the proposed budget for the 2024 fiscal year was distributed to the City Council. Before the City Council completes its final review of the proposed budget, the Columbia Heights Economic Development Authority (“EDA”) and the Housing and Red evelopment Authority in and for the City of Columbia Heights (“HRA”) are required to adopt fund budgets for Fund 204: EDA Administration and Fund 408: EDA Redevelopment Projects; and to authorize their respective 2024 tax levies, payable in 2025. The EDA effectively has two separate tax levies after the City Council granted the EDA certain HRA powers in 1996. One tax levy is administered by the City under Minnesota Statutes, Section 469.107 on behalf of the EDA (the “EDA Levy”), and the other is a special benefit tax levy administered by the EDA under Minnesota Statutes, Section 469.033 on behalf of the HRA (the “HRA Levy”). The proposed fund budgets reflect total levy amounts within the statutory limits. For 2024, the EDA Levy would capture $3 19,000 from the City’s estimated market land value, whereas the HRA Levy would net $400,000. Combined, both levies result in a total net revenue of $719,000. At the August 5th EDA meeting a few members of the EDA spoke about increasing the EDA or HRA levy to provide more funds for EDA initiatives and conduct increases in increments so that any later increases don’t need to be as large. Attached is a Levy Calculations Chart which is a historical breakdown of EDA and HRA changes since 2008. As demonstrated by the chart there has not been an increase in the HRA levy since 2020. Since 2020 the City’s Market Value has increased by 27.48%. For 2025 staff are recommending a $90,000 increase to the HRA levy. $5,000 of this increase would cover the Home Energy Squad Program. Wh ile the remaining $85,000 would be available for the affordable housing trust fund and any projects or initiatives it takes on. At the same time, the increase would constitute a 24% increase in the HRA levy. It follows just below the pattern if the HRA Levy had been incrementally increased every year. Staff are also recommending the additional funds be placed in the Affordable Housing Trust Fund for 2025 to make up for the reduced amount of LAHA funding received from the State. This can be altered next year to shift the additional income to other programs or initiatives. The $400,000 amount highlighted above and established in Resolution 2024 -23 is the budget after the addition of the $90,000. In 2024 the EDA budgeted $310,000 for the HRA Levy. Staff’s recommendation is reflected in the attached resolutions. If, after further discussion, the EDA would like to alter the amount on the budget resolutions, amendment motions can be made at the meeting. The other remaining documents cover the breakdown of which priorities the levied funds are attributed to. For more detail, please refer to the attached summary budgets. 29 Item 3. Page 2 RECOMMENDED MOTION(S): MOTION: Move to waive the reading of Resolution 2024-22, there being ample copies available to the public. MOTION: Move to adopt Resolution 2024-22, a resolution of the Columbia Heights Economic Development Authority, adopting a budget for the fiscal year of 2025 and setting the 2024 tax levy, payable in 2025. MOTION: Move to waive the reading of Resolution 2024-23, there being ample copies available to the public. MOTION: Move to adopt Resolution 2024-23, a resolution of the Columbia Heights Economic Development Authority, adopting a budget for the fiscal year of 2025 and authorizing a special benefit tax levy, payable in 2025. ATTACHMENT(S): 1. Levy Calculations Chart 2. Resolution 2024-22 3. Resolution 2024-23 4. Fund 204: EDA Administration Budget Summary 5. Fund 408: EDA Redevelopment Budget Summary 6. Budget Summary 30 Item 3. CCH EDA/HRA Levy Valuation Applicable (b)EDA HRA Budget Year (a)Market Value Levy Limit Levy Limit Year (a)EDA Levy HRA Levy 2008 1,446,275,700 0.01813%0.01850%2009 80,000 267,561 Adopted 2009 1,420,604,300 0.01813%0.01850%2010 83,971 262,556 Adopted 2010 1,299,323,500 0.01813%0.01850%2011 84,811 240,374 Adopted 2011 1,181,497,100 0.01813%0.01850%2012 84,811 218,343 Adopted 2012 998,667,376 0.01813%0.01850%2013 84,811 184,753 Adopted 2013 993,984,300 0.01813%0.01850%2014 84,000 183,887 Adopted 2014 954,475,000 0.01813%0.01850%2015 84,000 176,578 Adopted 2015 1,093,861,500 0.01813%0.01850%2016 78,023 202,364 Adopted 2016 1,132,257,300 0.01813%0.01850%2017 84,000 209,468 Adopted 2017 1,214,009,300 0.01813%0.01850%2018 220,100 224,592 Adopted 2018 1,335,438,300 0.01813%0.01850%2019 242,100 247,000 Adopted 2019 1,466,682,000 0.01813%0.01850%2020 245,100 250,100 Adopted 2020 1,666,215,700 0.01813%0.01850%2021 255,500 250,000 Adopted 2021 1,677,580,500 0.01813%0.01850%2022 255,500 310,000 Adopted 2022 1,808,577,800 0.01813%0.01850%2023 297,100 310,000 Adopted 2023 2,232,137,100 0.01813%0.01850%2024 310,000 310,000 Adopted 2024 2,313,390,800 0.01813%0.01850%2025 419,402 427,959 Max Allowed 2025 306,600 315,000 Dept Proposed EDA does not yet include 2025 COLA Note (a): There is a one year lag in the market values used for the EDA & HRA levy limits. For example, the market values used for regular property taxes payable in 2019, are the values used to calculate the limit for EDA & HRA levies for taxes payable in 2020. Note (b): For payable years prior to 2014, the applicable value was the Taxable Market Value For payable years after 2013, the applicable value is the Assessor's Estimated Market Value 31 Item 3. Resolution 2024-22 RESOLUTION NO. 2024-22 A RESOLUTION OF THE COLUMBIA HEIGHTS ECONOMIC DEVELOPMENT AUTHORITY, ADOPTING A BUDGET FOR THE FISCAL YEAR OF 2025 AND SETTING THE 2024 TAX LEVY, PAYABLE IN 2025. BE IT RESOLVED, by the Columbia Heights Economic Development Authority (the “EDA”) as follows: WHEREAS, the City of Columbia Heights (the “City”) established the EDA by an enabling resolution adopted on January 8, 1996, pursuant to Minnesota Statutes 469.090 to 469.1081 (the “EDA Act”); and WHEREAS, the City Council of the City has given to the EDA the responsibility for all development and redevelopment projects and programs; and WHEREAS, under Section 469.107 of the EDA Act, the City is authorized to levy a tax for the benefit of the EDA on its area of operation for the purposes authorized under the EDA Act, subject to the approval of the City Council; NOW, THEREFORE BE IT RESOLVED, by the Board of Commissioners of the Columbia Heights Economic Development Authority, that the EDA adopts and requests the City Council’s approval of its budget in the amount of $319,000 for 2025; and BE IT FURTHER RESOLVED, that the EDA adopts and requests the City Council’s approval of an EDA tax levy under Section 469.107 of the EDA Act, in the amount of $319,000 for taxes payable in 2025; and BE IT FURTHER RESOLVED, that the Executive Director is instructed to transmit a copy of this resolution to the City Manager, Finance Director, and City Clerk of the City of Columbia Heights, Minnesota. ORDER OF ECONOMIC DEVELOPMENT AUTHORITY Passed this 3rd day of September, 2024 Offered by: Seconded by: Roll Call: President Attest: Secretary 32 Item 3. Resolution 2024-23 RESOLUTION NO. 2024-23 A RESOLUTION OF THE COLUMBIA HEIGHTS ECONOMIC DEVELOPMENT AUTHORITY, ADOPTING A BUDGET FOR THE FISCAL YEAR OF 2025 AND AUTHORIZING A SPECIAL BENEFIT TAX LEVY, PAYABLE IN 2025. BE IT RESOLVED, by the Columbia Heights Economic Development Authority (the “EDA”) as follows: WHEREAS, the City of Columbia Heights (the “City”) established the EDA by an enabling resolution adopted on January 8, 1996, pursuant to Minnesota Statutes 469.090 to 469.1081 (the “EDA Act”); and WHEREAS, the City Council granted the EDA all powers and duties of a housing and redevelopment authority by an enabling resolution and ordinance adopted on October 22, 2001, pursuant to Minnesota Statutes 469.001 to 469.047 (the "HRA Act"), except certain powers that are allocated to the Housing and Redevelopment Authority in and for the City of Columbia Heights (the “HRA”); and WHEREAS, under Section 469.033 of the HRA Act, the EDA is authorized to levy a special benefit tax, in an amount not to exceed .0185 percent of the City’s estimated market value (the “HRA Levy”); and WHEREAS, by separate resolution, the EDA has before it for consideration a copy of the EDA budget for the fiscal year of 2025, and the proposed amount of the HRA Levy, payable in 2025, is based on said budget; NOW, THEREFORE BE IT RESOLVED, by the Board of Commissioners of the Columbia Heights Economic Development Authority, that the EDA hereby adopts an HRA Levy payable in 2025 of $4000,000 under Section 469.033 of the HRA Act; and BE IT FURTHER RESOLVED, that the Board of Commissioners of the Columbia Heights Economic Development Authority hereby directs staff to take such actions necessary to file with the City and certify with the County of Anoka County, the HRA Levy in the amount of $400,000 for taxes payable in 2025 under Section 469.033 of the HRA Act. ORDER OF ECONOMIC DEVELOPMENT AUTHORITY Passed this 3rd day of September, 2024 Offered by: Seconded by: Roll Call: President Attest: Secretary 33 Item 3. DEPARTMENT: ECONOMIC DEVELOPMENT AUTHORITY 204 COMMUNITY DEVELOPMENT Actual Actual Adopted Department City Manager Council 6314 ECONOMIC DEVELOPMENT AUTH.Expense Expense Budget Proposed Proposed Adopted Description 2022 2023 2024 2025 2025 2025 Personnel Services 231,700 251,800 259,900 250,100 250,100 - Supplies 500 100 800 800 800 - Other Services & Charges 17,100 27,600 24,100 33,000 33,000 - Capital Outlay - - - - - - Contingencies & Transfers 172,100 22,100 28,900 25,100 25,100 - TOTALS: ECONOMIC DEVELOPMENT AUTH421,400 301,600 313,700 309,000 309,000 - Activity Description Comments on Proposed Budget CITY OF COLUMBIA HEIGHTS, MINNESOTA BUDGET 2025 The Economic Development Authority coordinates several activities that both directly and indirectly act as a catalyst for improving the community's overall quality of life, business vitality, and economic performance. The main activities of Econom ic Development Authority staff include providing support to the Columbia Heights Economic Development Authority and the Housing & Redevelopment Authority in and for the City of Columbia Heights; leveraging public and private partnerships to increase the amount of reinvestment within the City; serving as project managers for development and redevelopment projects; writing and maintaining grants from governmental agencies and corporate institutions; preparing and maintaining Tax Increment Financing, Tax Abatement, and Private Activity Bond records; developing and implementing a Business Retention & Expansion programs; managing housing programs; and facilitating the acquisition and conveyance of City owned properties. The proposed 2025 budget is a decrease $4,700 or 1.5% lower than 2024, due to staffing changes in the department. PERSONNEL SERVICES: Personnel services will decrease by $9,800, or 3.9% due to the promotion of the Community Development Director/Assistant City Manager to the position of City Manager. In conjunction with this promotion, the new Community Development Director has been hired at a lower salary and the position has reverted back to CD Director, and no longer includes the duties of Assistant City Manager. SUPPLIES: The Supplies budget will remain unchanged for 2025. OTHER SERVICES AND CHARGES: Other Services and Charges will increase by $8,100 to adequately reflect the anticipated workload of the department, and account for increases in Expert and Professional Services, Training and Education, Property and Liability Insurance, Memberships, and Information Systems. The largest increase ($6,100) will be in Expert and Professional Services. This is to better reflect trends and accommodate unforeseen consultant and legal fees. 34 Item 3. DEPARTMENT: COMMERCIAL REVITALIZATION 408 EDA REDEVELOPMENT PROJECT Actual Actual Adopted Department City Manager Council 6414 COMMERCIAL REVITALIZATION Expense Expense Budget Proposed Proposed Adopted Description 2022 2023 2024 2025 2025 2025 Personnel Services 400 - - - - - Supplies - - - - - - Other Services & Charges 6,000 73,800 100,000 200,000 200,000 - Capital Outlay 177,200 392,000 210,000 200,000 200,000 - Contingencies & Transfers 816,100 - - - - - TOTALS: COMMERCIAL REVITALIZATION999,700 465,800 310,000 400,000 400,000 - Activity Description Comments on Proposed Budget CITY OF COLUMBIA HEIGHTS, MINNESOTA BUDGET 2025 The Redevelopment Project Fund is a working capital fund designed to provide the resources necessary for the Columbia Heights Economic Development Authority to implement approved activities for the benefit of the community. The three approved activities covered previously within this fund are the Commercial Revitalization Project,the Facade Improvement Grant Program,and the Fire Suppression grants program. The proposed 2025 budget is an increase of $90,000 or 29% over 2024. This fund is supported by the Housing and Redevelopment Authority (HRA) Levy and is recognized in Fund 408. Fund 408 will continue to support redevelopment projects and program expenditures of the Columbia Heights Economic Development Authority (EDA), including the Facade Improvement Grant Program ($50,000), Fire Suppression Grant Program ($60,000), and strategic property acquisitions ($200,000). The fund 408 budget is increasing by $90,000 in 2025 to accommodate two primary changes. $5,000 of the increase will be dedicated to cover energy audit services with a new third party service provider. For several years, the City had contracted with the Center for Energy and Environment (CEE) to provide reduced cost energy audits to the residents of Columbia Heights. In mid-2024, the City was informed that CEE would no longer be providing these services in Columbia Heights. Staff will work to secure a new partner for these services in 2025. The remaining $85,000 increase in revenue will be placed in the EDA's newly created Affordable Housing Trust Fund. This increase is being requested to help offset lower than expected sales tax revenue from the State's newly enacted affordable housing sales tax. 35 Item 3. EDA Planning &Downtown Redevelopment Cap Equip Inspections EDA Parking Project Protective Insp. 201.2400 204.6314 228.6317 408.6414 431.2400 Revenue Taxes - 317,000 - 400,000 - Licenses & Permits 419,000 - - - - Intergovernmental - - - - - Charges for Services - - - - - Fines & Forfeits - - - - - Miscellaneous 4,800 2,000 - - - Sales and Related Charges - - - - - Transfers & Non Rev Receipts 218,000 - 58,000 - - Total Revenue 641,800 319,000 58,000 400,000 - Expenses Personnel Services 549,900 250,100 - - - Supplies 8,900 800 1,500 - - Other Services and Charges 78,100 33,000 56,500 200,000 - Capital Outlay - - - 200,000 - Contingencies & Transfers 25,100 25,100 - - - Total Expenses 662,000 309,000 58,000 400,000 - Change in Fund Balance (20,200) 10,000 - - - City of Columbia Heights, Minnesota BUDGET 2025 Community Development 36 Item 3.