HomeMy WebLinkAbout01-06-2025 EDA Packet
ECONOMIC DEVELOPMENT AUTHORITY
City Hall—Shared Vision Room, 3989 Central Ave NE
Monday, January 06, 2025
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 290 890 859 251 and passcode QS7XC7dH. For questions, please call the
Community Development Department at 763-706-3670.
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.
Meeting to be opened by the Executive Director.
CALL TO ORDER/ROLL CALL
PLEDGE OF ALLEGIANCE
OATH OF OFFICE
1. Oath of Office
a. Connie Buesgens, Laurel Deneen, and Amáda Márquez Simula
ELECTION OF OFFICERS
2. Election of 2025 Economic Development Authority Officers (pg. 3)
MOTION: Move to elect ____________________ as President of the Economic
Development Authority.
MOTION: Move to elect ____________________ as Vice President of the Economic
Development Authority.
MOTION: Move to elect ____________________ as Treasurer of the Economic
Development Authority.
MOTION: Move to elect ____________________ as Secretary of the Economic
Development Authority.
Meeting to resume under the leadership of the newly elected EDA President.
1
City of Columbia Heights AGENDA January 06, 2025
Economic Development Authority Page 2
CONSENT AGENDA
3. Approve December 2nd, 2024, Regular EDA Meeting Minutes (pg. 5)
4. Resolution 2025-01 to Approve the Financial Reports and Payment of the Bills for
November 2024 (pg. 14)
MOTION: Move to approve the Consent Agenda as presented.
BUSINESS ITEMS
5. Designating the 2025 Official Depositories of the Economic Development A uthority (pg.
29)
MOTION: Move to waive the reading of Resolution 2025-02, there being ample copies
available to the public.
MOTION: Move to adopt Resolution 2025-02, a resolution of the Columbia Heights
Economic Development Authority designating official depositories.
6. Transfer of Property to the City: 960 40th Ave NE (pg. 32)
MOTION: Move to waive the reading of Resolution 2025-03, there being ample copies
available to the public.
MOTION: Move to approve Resolution 2025-03, a resolution authorizing conveyance of
certain real property to the City of Columbia Heights.
7. 2025 EDA Goal Setting (pg. 35)
BUSINESS UPDATES
ADJOURNMENT
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
AGENDA SECTION BUSINESS ITEMS
MEETING DATE 1/6/2025
ITEM: Election of 2025 Economic Development Authority Officers
DEPARTMENT: Community Development BY/DATE: Emilie Voight, 12/17/2024
BACKGROUND:
Pursuant to the bylaws of the Columbia Heights Economic Development Authority (the “EDA”), officers are
required to be elected annually. In 2024, the EDA offices held by commissioners were as follows:
President – Marlaine Szurek
Vice President – Rachel James
Treasurer – Justice Spriggs
Sarah LaVoie, Community Development Administrative Assistant, served as the 2024 EDA Secretary. Staff
recommend that Sarah LaVoie continue to serve as the 2025 EDA Secretary. Per the EDA bylaws, the offices of
Secretary and Assistant Treasurer need not be held by commissioners, but the Secretary shall be elected.
In order for an EDA commissioner to be considered for an officer position, they must be nominated by another
commissioner or by themself. The bylaws require that the Executive Director or their designee conduct the
following nomination process.
1. President
a. Please provide all nominations for President of the EDA.
b. Vote individually for each nominated member.
c. The member with the most votes is declared the President of the EDA by the Executive
Director.
2. Vice President
a. Please provide all nominations for Vice President of the EDA.
b. Vote individually for each nominated member.
c. The member with the most votes is declared the Vice President of the EDA by the Executive
Director.
3. Treasurer
a. Please provide all nominations for Treasurer of the EDA.
b. Vote individually for each nominated member.
c. The member with the most votes is declared the Treasurer of the EDA by the Executive
Director.
4. Secretary
a. Please provide all nominations for Secretary of the EDA.
b. Vote individually for each nominated candidate.
c. The candidate with the most votes is declared the Secretary of the EDA by the Executive
Director.
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Item 2.
Page 2
Furthermore, it should be noted that the EDA bylaws require the City Manager (Aaron Chirpich) to serve as the
“Executive Director,” the Community Development Director (Mitchell Forney) to serve as “Deputy Executive
Director,” and the Finance Director (Joseph Kloiber) to serve as the “Assistant Treasurer.”
Staff recommends approval of the following motions:
Following ratification of the below motions, the newly elected President of the EDA will preside over the
remainder of the meeting.
RECOMMENDED MOTION(S):
MOTION: Move to elect ____________________ as President of the Economic Development Authority.
MOTION: Move to elect ____________________ as Vice President of the Economic Development
Authority.
MOTION: Move to elect ____________________ as Treasurer of the Economic Development Authority.
MOTION: Move to elect ____________________ as Secretary of the Economic Development Authority.
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Item 2.
ECONOMIC DEVELOPMENT AUTHORITY
City Hall—Council Chambers, 3989 Central Ave NE
MONDAY, DECEMBER 02, 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: Kt Jacobs; Rachel James; Amada Márquez-Simula; Marlaine Szurek
Members absent: Connie Buesgens; Justice Spriggs, Lamin Dibba
Staff Present: Andrew Boucher, City Planner; Mitchell Forney, Community Development Director;
Aaron Chirpich, City Manager; Sarah LaVoie, Administrative Assistant; Emilie Voight, Community
Development Coordinator
PLEDGE OF ALLEGIANCE
CONSENT AGENDA
1. Approve the minutes of the regular EDA Meeting of November 04, 2024.
2. Approve financial reports and payment of bills for October 2024– Resolution No. 2024-28.
Motion by Márquez-Simula, seconded by James, to approve the Consent Agenda as presented. All ayes
of present. MOTION PASSED.
RESOLUTION NO. 2024-28
A RESOLUTION OF THE ECONOMIC DEVELOPMENT AUTHORITY OF COLUMBIA HEIGHTS, MINNESOTA,
APPROVING THE FINANCIAL STATEMENTS FOR THE MONTH OF OCTOBER 2024 AND THE PAYMENT
OF THE BILLS FOR THE MONTH OF OCTOBER 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 October 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
5
Item 3.
City of Columbia Heights MINUTES December 02, 2024
EDA Meeting Page 2
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 2nd day of December, 2024
Offered by: Amada Marquez-Simula
Seconded by: Rachel James
Roll Call: All ayes of present. MOTION PASSED.
President
Attest:
Secretary
BUSINESS ITEMS
3. Façade Improvement Grant Report for Doña Mary located at 4929 Central Ave
Voight reported the storefront used to be occupied by the Insty-Prints print shop. The new tenant
will be Doña Mary, an Ecuadorian fast-food restaurant. The applicant is applying for grant funds for
new signage on the façade of the structure and new panels for the existing pylon sign. The
applicant was able to receive one bid for the signage, amounting to $9,250, setting them up for a
grant amount of $4,625. They have received authorization from the property owner to install new
signage and are hoping to open their restaurant before the end of 2024, so they are motivated to
complete the work quickly. Community Development Staff recommend funding the signage project
in full as the new signage will reflect the change in business occupancy and will help attract
customers. In 2024, the EDA has approved 9 façade improvement grant applications for a total of
$42,127 approved, with an additional $4,625 being requested at this meeting. This leaves $3,248 in
Façade Improvement Grant funds remaining from the initial annual budget of $50,000.
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Item 3.
City of Columbia Heights MINUTES December 02, 2024
EDA Meeting Page 3
Motion by James, seconded by Márquez-Simula, to waive the reading of Resolution No. 2024-29, there
being ample copies available to the public. All ayes of present. MOTION PASSED.
Motion by James, seconded by Márquez-Simula, to approve Resolution No. 2024-29, a Resolution of the
Columbia Heights Economic Development Authority, approving the form and substance of the façade
improvement grant agreement, and approving authority staff and officials to take all actions necessary
to enter the authority into a façade improvement grant agreement with the owner of Doña Mary, LLP .
All ayes of present. MOTION PASSED.
RESOLUTION NO. 2024-29
A RESOLUTION OF THE ECONOMIC DEVELOPMENT AUTHORITY OF COLUMBIA HEIGHTS, MINNESOTA,
APPROVING THE FORM AND SUBSTANCE OF THE FAÇADE IMPROVEMENT GRANT AGREEMENT, AND
APPROVING AUTHORITY STAFF AND OFFICIALS TO TAKE ALL ACTIONS NECESSARY TO ENTER THE
AUTHORITY INTO A FAÇADE IMPROVEMENT GRANT AGREEMENT WITH DOÑA MARY, LLP
WHEREAS, the City of Columbia Heights (the “City”) and the Columbia Heights Economic Development
Authority (the “Authority”) have collaborated to create a certain Façade Improvement Grant Program
(the “Program”); and
WHEREAS, pursuant to guidelines established for the Program, the Authority is to award and
administer a series of grants to eligible commercial property owners and/or tenants for the purposes
of revitalizing existing storefronts, increasing business vitality and economic performance, and
decreasing criminal activity along Central Avenue Northeast, in the City’s Business districts, pursuant to
a Façade Improvement Grant Agreement with various property owners and/or tenants; and
WHEREAS, pursuant to the Program, the City is to coordinate a surveillance camera monitoring
program by placing surveillance cameras on some of the storefronts that are part of the Program for
the purposes of improving public safety in and around the Central Busin ess District; and
WHEREAS, the Authority has thoroughly reviewed copies of the proposed form of the Grant
Agreement.
NOW, THEREFORE BE IT RESOLVED that, after appropriate examination and due consideration, the
Authority
1. approves the form and substance of the grant agreement, and approves the Authority entering
into the agreement with Doña Mary, LLP.
2. that the City Manager, as the Executive Director of the Authority, is hereby authorized,
empowered, and directed for and on behalf of the Authority to enter into the grant agreement.
3. that the City Manager, as the Executive Director of the Authority, is hereby authorized and
directed to execute and take such action as they deem necessary and appropriate to carry out
the purpose of the foregoing resolution.
ORDER OF ECONOMIC DEVELOPMENT AUTHORITY 7
Item 3.
City of Columbia Heights MINUTES December 02, 2024
EDA Meeting Page 4
Passed this 2nd of December, 2024
Offered by: Rachel James
Seconded by: Amada Marquez-Simula
Roll Call: All ayes of present. MOTION PASSED.
President
Attest:
Secretary
4. Saint Paul Area Association of Realtors (SPAAR) Key Communities Grant Application Discussion
Voight reported the Saint Paul Area Association of Realtors (SPAAR) awards annual Key
Communities grants of up to $1,500 to Twin Cities Metro area cities for programs or projects
related to homeownership, place making, walkability, and similar themes. The program’s purpose is
to build relationships between SPAAR members and communities. 2025 will be the fifth year of the
program. Once grantees are chosen, SPAAR members and staff work with local stakeholders to
determine which city-led initiative will be funded in each community and, in addition, to help
identify other relevant grants and to provide technical support as applicable. Applications are due
at 5 p.m. on Friday, December 13, 2024.
Voight mentioned that Staff would like to know if the EDA was interested in applying for the grant
and if there were any particular projects the EDA was interested in doing. She noted that James
sent in ideas including an educational program, multiple language resources for homeownership, or
making a Columbia Heights walking path including signage. She added that Spriggs sent in ideas
including banners on Central Avenue, a home improvement booklet, and a business flyer that
would have a list of local businesses in the community that could be included in the newsletter. She
asked the EDA if they were interested in applying for the grant and what projects they would be
interested in.
Questions/Comments from Members:
Márquez-Simula expressed her support. Jacobs mentioned she liked the idea regarding the
business booklet. She suggested having an envelope with a list of businesses and organizations in
the City that could be given to new residents. Forney added that there could be a packet for new
business owners that includes a packet of EDA grants and opportunities, the Chamber of
Commerce, and other resources.
Jacobs mentioned that Kiwanis has put up banners to honor those who serve in the military and
would not want to see those taken down in the future.
5. EDA 2024 End of Year Review
Voight reported Staff has prepared 2024 year-in-review summaries of EDA programs and activities,
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City of Columbia Heights MINUTES December 02, 2024
EDA Meeting Page 5
as well as a recap of the focus areas identified in the EDA’s March 2024 discussion of priorities and
goals. She presented the end-of-year review:
Façade Improvement Grant Program:
- Applications: 10 applications were received in 2024, and 9 were approved, for a total of
$42,127 approved out of a total program budget of $50,000.
- Disbursements: 6 grants were disbursed, for a total of $28,762.
- Pending: 1 grantee has completed project improvements and is preparing financial documents
for disbursement. 1 grant application was submitted for the December 2nd EDA meeting and is
still in review.
- In addition, one 2023 grantee finished their project improvements and received their approved
2023 disbursement of $4,600.
- No cameras were installed through this program in 2024.
Fire Suppression Grant Program: No applications were received for this program in 2024, and no
funds were disbursed. After community interest, however, at its August meeting , the EDA amended
the Fire Suppression Grant Program guidelines to allow childcare businesses to qualify as eligible
applicants. The childcare applicant that initiated this request is currently working with an architect
to create a plan for remodeling their building.
Home Energy Squad (in partnership with Center for Energy and Environment and Xcel Energy): In
2024, through September, the Market Rate Home Energy Squad conducted 13 visits, and the Low -
Income Home Energy Squad conducted 8 visits. The City contributed financially toward 9 visits, for
a total 2024 financial contribution of $435.
Property Transactions:
- Sale: 4243 5th Street NE to Habitat for Humanity
- Transfer: of the library property to the City
- Loan: to the City for purchase of 675 37th Ave NE
- Purchase: 4416 Central Ave NE (through Commercial Revitalization program)
- Deconstruction: 3851 Central Ave NE, 3853 Central Ave NE, 4416 Central Ave NE (for recycling
and reuse, in partnership with Better Futures)
- Demolition: 941 44th Ave NE, 3851 Central Ave NE, 3853 Central Ave NE, 4416 Central Ave NE
Miscellaneous:
- The City Council established a housing trust fund in May 2024 and delegated the administration
of this fund to the EDA.
- The EDA honored Heights Pizza Man as the 2024 Columbia Heights Business of the Year.
Recap from March 2024 EDA Priorities Discussion:
- The EDA indicated interest in utilizing Metropolitan Affordable Sales Tax funds (held in the
housing trust fund) as follows:
o Low-income home improvement loans
o NOAH (naturally occurring affordable housing) loans
▪ Particular interest for focus on small multifamily buildings (fourplexes, etc.) 9
Item 3.
City of Columbia Heights MINUTES December 02, 2024
EDA Meeting Page 6
o Affordable housing home ownership redevelopment projects
o
- The EDA indicated interest in modifying the Façade Improvement Grant Program to include:
o Art elements
o Landscaping elements such as permanent landscaping, rain gardens, and planting of
native plants and trees
- The EDA also proposed the following focus areas for future projects or programs:
o Micro loans to help businesses with things like landscaping design, graphic design for
websites or menus, or basic business support services like bookkeeping
o Gap funding for businesses o Additional funding sources for art
o Developing a list of local businesses and spotlighting/promoting it in the City’s
communications
o Directing prospective and existing small businesses to Anoka County’s Open to Business
resources
Additional July 2024 Update: In July 2024, the EDA received word that it would receive less
Metropolitan Affordable Sales Tax funding than previously calculated. Staff continued down the
route of preparing a program for low-income home improvement loans, working with CEE and
Kennedy Graven to review the program’s legal framework and contracts. At the January 2025 EDA
meeting, the EDA will further discuss how it would like to proceed.
Questions/Comments from Members:
James wondered if the EDA could rethink the fire suppression program since it has not been
utilized all year. She added that she does not want to get rid of the program, but fire suppression is
still too expensive even with the City’s grant. Forney agreed and suggested having one grant per
year but it would provide more grant funds.
Szurek asked where the funds would come from for the fire suppression grant. Forney replied that
it is currently through the EDA budget but can discuss additional funds in the future.
Jacobs mentioned surrounding communities provide funding and grants to help seniors in need of
housing. She added that she hopes future Councils could think through how to help seniors in the
community. The EDA agreed. Jacobs stated there should be discussion regarding affordable housing
for seniors and not just younger people coming into the community.
6. Tax Increment Financing Districts Update
Forney reported after receiving a request from a member of the EDA, Staff thought the December
EDA meeting a great time to review the City’s current Tax Increment Financing Districts. Since these
numbers are from 2023, there is a lag regarding the effects of 4d legislation on the districts and
changes that were established in 2023. The tax estimates in Attachment 1 in the Agenda Packet are
based off the 2023 numbers and are subject to change with the new 4d legislation. These estimates
only take into effect the City’s estimated taxes. The estimates leave out any taxes that w ould be
subtracted for fiscal disparities or special taxing districts.
Forney mentioned for much of this review, Staff focused on the effect on tax capacity, which is a 10
Item 3.
City of Columbia Heights MINUTES December 02, 2024
EDA Meeting Page 7
key factor in assessing the financial implications and revenue -generating potential of proposed
changes or developments. Staff utilized tax capacity because it is the building block for all taxes
levied on a property regardless of taxes levied by special districts or other entities. Attachment 4,
Property Taxes 101, dives deeper into how property taxes are calculated. Staff can expand on the
topic or answer any additional questions in person as property taxes are a very complex topic.
Forney presented on each current TIF district within the city. Below are a few key notes on each
district:
University Ave Redevelopment: This district has been decertified but still holds pooled funds. Since
the district was established prior to 1990 the district no longer has any revenue but can remain
open for use of the pooled funds.
City Wide Scattered Site: District is currently using its tax increment to pay back an interfund loan
from the University Ave Redevelopment TIF District. This loan was utilized to purchase, demolish ,
and sell the property 4253 5th St to Habitat for Humanity.
Crest View Real Estate Eq: District was decertified in June of 2023.
Huset Park Area: The project has been completed and has a long time until the district’s liabilities
are paid off.
Central Value Center: Project was never started, and the district was decertified in 2021.
47th and Grand: Project is doing well and may be able to pay off its liabilities early depending on
the effect of 4d on the district.
NE Business Center: The project has just been completed and has a long time until the district’s
liabilities are paid off.
Alatus TIF District: The City has issued bonds for the mortgage of the project, but the project has
not started. There are no revenues until the project pays off the mortgage and improvements to
the site are made.
42nd & Jackson: Project was completed in 2023 so there is no data on the current tax capacity or
district revenues.
Questions/Comments from Members:
Jacobs asked if the change in the legislature change how a city could determine how many years
the TIF would be. Forney replied that the City still has the ability to do that. She mentioned that the
TIF does not have to be over an extended amount of time and suggested the City continue to
discuss how long each TIF should be. She added that the TIF should be relative to the project.
Márquez-Simula asked Forney what the best way was to discuss the length of the TIFs. Forney 11
Item 3.
City of Columbia Heights MINUTES December 02, 2024
EDA Meeting Page 8
replied in a goal-setting meeting.
Forney mentioned that there is a possibility of using the Affordable Housing Trust Fund instead of
TIF’s for the Reuter Walton project.
Szurek expressed her concern regarding property taxes and wondered what the City would do to
stop property taxes from increasing. Forney noted that the County increased taxes this year.
Szurek mentioned many of her neighbors have junk in their yard and is worried that the City will
turn into a trash City. Forney replied that administrative fines are utilized to help maintain a clean
City. Szurek stated that no one is doing anything about it. Jacobs agreed and added that the
Ordinances are in place but they are not enforced. Forney explained that courts are still full since
Covid so the process is not running completely but the City is working towards having a smoother
process.
BUSINESS UPDATES
Voight mentioned that Naturally Occurring Affordable Housing (NOAH) should have more information
in January regarding funding and the application process. In the 2024 cycle, the funding was increased
from $45 million to $70 million.
Jacobs asked what the status was for the funding for the Public Works building. Forney replied that it is
going through bonding through the State and will be brought up during the next legislative session.
Forney mentioned that the Trust Fund Matching grant is on the same timeline as the NOAH grant.
Forney reported that Habitat for Humanity is looking for an opportunity. The EDA was considering a
house on Summit Avenue. The homeowner has passed away and donated the house to AS PCA. Staff
are working with the ASPCA to try to purchase the home in order to demolish it and give it to Habitat
for Humanity.
Forney updated the EDA about projects in the City. The County’s HRA toured The Crestview project site
that Anoka County purchased and concluded that the site needs to be demolished and affordable
housing built on it. There is strong interest from a developer for the Medtronic site.
Márquez-Simula asked if it was true that the Crestview location on Central Avenue and 42 nd Avenue
was for sale. Chirpich that he heard something similar. Szurek wondered if the ownership had changed.
Márquez-Simula mentioned that there is a city with deeply affordable housing buildings and has had
problems with behavior. The city requires 24-hour security in the affordable housing buildings. She
mentioned that it is something to consider for the City.
Márquez-Simula noted that there are some buildings that have bright lights on the top of their
buildings and the light is directed towards the street instead of down on the parking lot. She asked to
consider how to eliminate the issue in the future for businesses. Jacobs added that there are residents
who have similar lights and that something needs to be done with residents as well. Forney replied 12
Item 3.
City of Columbia Heights MINUTES December 02, 2024
EDA Meeting Page 9
that the City can enforce how many foot candles are over the property line through Ordinances.
Márquez-Simula asked for an update on “what’s legal” signs and temporary signs for businesses.
Chirpich replied that City Planner Boucher has been pursuing enforcement action on several violations
on Central Avenue.
ADJOURNMENT
Motion by Márquez-Simula, seconded by James, to adjourn the meeting at 5:58 pm. All ayes. MOTION
PASSED.
Respectfully submitted,
_______________________________
Sarah LaVoie, Recording Secretary
13
Item 3.
Resolution 2025-01
RESOLUTION NO. 2025-01
A RESOLUTION OF THE ECONOMIC DEVELOPMENT AUTHORITY OF COLUMBIA HEIGHTS, MINNESOTA,
APPROVING THE FINANCIAL STATEMENTS FOR THE MONTH OF NOVEMBER 2024 AND THE PAYMENT OF THE
BILLS FOR THE MONTH OF NOVEMBER 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 November 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 6th day of January 2025
Offered by:
Seconded by:
Roll Call:
President
Attest:
Secretary
14
Item 4.
AmountInvoiceInvoice DateVendorInvoice Line DescGL Number
INVOICE GL DISTRIBUTION REPORT FOR CITY OF COLUMBIA HEIGHTS 1/2Page:12/16/2024 10:36 AM
User: suems
DB: Columbia Heights
EXP CHECK RUN DATES 11/01/2024 - 11/30/2024
BOTH JOURNALIZED AND UNJOURNALIZED
PAID
Check 1777
52.81 200815117619610/01/24DELL MARKETING LPDELL MULTI-DEVICE KEYBOARD-COORDINATOR204.6314.42011
1,868.99 200815117619610/01/24DELL MARKETING LPXPS 16 LAPTOP-COORDINATOR204.6314.42011
1,921.80 Total For Check 1777
Check 200968
167.00 M2955310/14/24TIMESAVER OFF SITE SECRETR INCEDA MINTUES 100724204.6314.43050
167.00 Total For Check 200968
Check 201020
48.82 99285357910/26/24POPP.COM INC102624 - 10013121 PHONE COMMDEV ADMIN204.6314.43210
13.85 99285460910/31/24POPP.COM INC103124 -10010429 COM DEV ADMINISTRATION204.6314.43210
62.67 Total For Check 201020
Check 201078
552.94 2413082-F11/04/24J. BECHER & ASSOC INCLED LIGHT REPAIR228.6317.44000
552.94 Total For Check 201078
Check 201079
520.00 18419410/23/24KENNEDY & GRAVENLIB PARCEL TRANSFER CL162-00031204.6314.43050
162.50 18419410/23/24KENNEDY & GRAVENBOND TERMS REVIEW CL162-00066 ALATUS393.7000.43050
682.50 Total For Check 201079
Check 201098
1,396.00 9-VB11/07/24RTD POWER WASHING, INCSWEEPING - VAN BUREN RAMP228.6317.44000
1,396.00 Total For Check 201098
Check 201115
659.16 114269399711/06/24XCEL ENERGY (N S P)ELECTRIC228.6317.43810
659.16 Total For Check 201115
Check 201141
4,387.52 730711/04/24ECUA DELI LLCFACADE IMPROVEMENT GRANT LAS AMERICAS BA408.6411.44600
4,387.52 Total For Check 201141
15
Item 4.
AmountInvoiceInvoice DateVendorInvoice Line DescGL Number
INVOICE GL DISTRIBUTION REPORT FOR CITY OF COLUMBIA HEIGHTS 2/2Page:12/16/2024 10:36 AM
User: suems
DB: Columbia Heights
EXP CHECK RUN DATES 11/01/2024 - 11/30/2024
BOTH JOURNALIZED AND UNJOURNALIZED
PAID
2,671.47 Fund 204 EDA ADMINISTRATION
2,608.10 Fund 228 DOWNTOWN PARKING
162.50 Fund 393 TIF BB6 ALATUS 4300 CENTRAL
4,387.52 Fund 408 EDA REDEVELOPMENT PROJECT FD
Fund Totals:
4,387.52 FACADE IMPROVEMENT GRANT LAS AMERICAS BA408.6411.44600
162.50 BOND TERMS REVIEW CL162-00066 ALATUS393.7000.43050
1,948.94 LED LIGHT REPAIR228.6317.44000
659.16 ELECTRIC228.6317.43810
62.67 102624 - 10013121 PHONE COMMDEV ADMIN204.6314.43210
687.00 LIB PARCEL TRANSFER CL162-00031204.6314.43050
1,921.80 DELL MULTI-DEVICE KEYBOARD-COORDINATOR204.6314.42011
--- TOTALS BY GL DISTRIBUTION ---
9,829.59 Total For All Funds:
16
Item 4.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 1/12Page:12/16/2024 10:32 AM
User: suems
DB: Columbia Heights PERIOD ENDING 11/30/2024
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
11/30/2024
ACTIVITY FOR
MONTH
11/30/24
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:
17
Item 4.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 2/12Page:12/16/2024 10:32 AM
User: suems
DB: Columbia Heights PERIOD ENDING 11/30/2024
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
11/30/2024
ACTIVITY FOR
MONTH
11/30/24
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 0.00 0.00 220,000.00 EDA CURRENT AD VALOREM204.0000.31011
32.31 60,916.59 29,083.41 0.00 0.00 90,000.00 AREA WIDE TAX204.0000.31014
100.00 1,579.24 (1,579.24)0.00 0.00 0.00 DELNQ. AD VALOREM204.0000.31020
100.00 (23.16)23.16 0.00 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 0.00 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 0.00 0.00 313,700.00 Total Dept 0000 - NON-DEPARTMENTAL
49.56 158,230.96 155,469.04 0.00 0.00 313,700.00 TOTAL REVENUES
Expenditures
Dept 6314 - ECONOMIC DEVELOPMENT AUTH
OTHER SERVICES & CHARGES
100.00 (3,588.50)3,588.50 0.00 0.00 0.00 ATTORNEY FEES-OTHER204.6314.43045
303.38 (5,084.60)6,736.75 222.75 847.85 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
186.41 (604.85)826.02 62.69 478.83 700.00 TELEPHONE204.6314.43210
339.68 (1,198.41)1,698.41 0.00 0.00 500.00 POSTAGE204.6314.43220
85.74 57.04 342.96 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
91.67 266.63 2,933.37 266.67 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
91.67 758.37 8,341.63 758.33 0.00 9,100.00 INFORMATION SYS:INTERNAL SVC204.6314.44040
75.00 125.00 375.00 0.00 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 (820.00)820.00 0.00 0.00 0.00 LOANS & GRANTS204.6314.44600
119.33 (4,658.52)27,431.84 1,334.74 1,326.68 24,100.00 OTHER SERVICES & CHARGES
PERSONNEL SERVICES
80.34 40,073.29 163,726.71 22,892.01 0.00 203,800.00 REGULAR EMPLOYEES204.6314.41010
80.32 3,010.90 12,289.10 1,659.32 0.00 15,300.00 P.E.R.A. CONTRIBUTION204.6314.41210
84.04 2,522.01 13,277.99 1,731.48 0.00 15,800.00 F.I.C.A. CONTRIBUTION204.6314.41220
70.00 7,021.11 16,378.89 1,320.73 0.00 23,400.00 INSURANCE204.6314.41300
53.32 746.85 853.15 80.10 0.00 1,600.00 WORKERS COMP INSURANCE PREM204.6314.41510
79.46 53,374.16 206,525.84 27,683.64 0.00 259,900.00 PERSONNEL SERVICES 18
Item 4.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 3/12Page:12/16/2024 10:32 AM
User: suems
DB: Columbia Heights PERIOD ENDING 11/30/2024
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
11/30/2024
ACTIVITY FOR
MONTH
11/30/24
ENCUMBERED
YEAR-TO-DATE
2024
AMENDED BUDGETDESCRIPTIONGL NUMBER
Fund 204 - EDA ADMINISTRATION
Expenditures
SUPPLIES
79.19 41.62 158.38 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
100.00 (1,921.80)1,921.80 0.00 0.00 0.00 END USER DEVICES204.6314.42011
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
264.73 (1,317.87)2,117.87 0.00 0.00 800.00 SUPPLIES
CONTINGENCIES & TRANSFERS
91.67 2,408.37 26,491.63 2,408.33 0.00 28,900.00 OPER. TRANSFER OUT - LABOR204.6314.47100
91.67 2,408.37 26,491.63 2,408.33 0.00 28,900.00 CONTINGENCIES & TRANSFERS
84.12 49,806.14 262,567.18 31,426.71 1,326.68 313,700.00 Total Dept 6314 - ECONOMIC DEVELOPMENT AUTH
84.12 49,806.14 262,567.18 31,426.71 1,326.68 313,700.00 TOTAL EXPENDITURES
100.00 108,424.82 (107,098.14)(31,426.71)(1,326.68)0.00 NET OF REVENUES & EXPENDITURES
84.12 49,806.14 262,567.18 31,426.71 1,326.68 313,700.00 TOTAL EXPENDITURES
49.56 158,230.96 155,469.04 0.00 0.00 313,700.00 TOTAL REVENUES
Fund 204 - EDA ADMINISTRATION:
19
Item 4.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 4/12Page:12/16/2024 10:32 AM
User: suems
DB: Columbia Heights PERIOD ENDING 11/30/2024
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
11/30/2024
ACTIVITY FOR
MONTH
11/30/24
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
91.67 258.37 2,841.63 258.33 0.00 3,100.00 PROP & LIAB INSURANCE228.6317.43600
85.80 283.92 1,716.08 237.77 0.00 2,000.00 UTILITY SERVICES228.6317.43800
61.11 5,055.43 7,944.57 659.16 0.00 13,000.00 ELECTRIC228.6317.43810
33.13 23,405.83 10,979.87 1,948.94 614.30 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
43.73 31,003.55 23,482.15 3,104.20 614.30 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
SUPPLIES
100.00 (15.93)15.93 0.00 0.00 0.00 GENERAL SUPPLIES228.6317.42171
100.00 (15.93)15.93 0.00 0.00 0.00 SUPPLIES
42.60 32,487.62 23,498.08 3,104.20 614.30 56,600.00 Total Dept 6317 - DOWNTOWN PARKING
42.60 32,487.62 23,498.08 3,104.20 614.30 56,600.00 TOTAL EXPENDITURES
100.00 24,112.38 (23,498.08)(3,104.20)(614.30)0.00 NET OF REVENUES & EXPENDITURES
42.60 32,487.62 23,498.08 3,104.20 614.30 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:
20
Item 4.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 5/12Page:12/16/2024 10:32 AM
User: suems
DB: Columbia Heights PERIOD ENDING 11/30/2024
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
11/30/2024
ACTIVITY FOR
MONTH
11/30/24
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 0.00 0.00 850,000.00 CURRENT AD VALOREM372.0000.31010
100.00 (284,673.50)284,673.50 0.00 0.00 0.00 DELNQ. AD VALOREM372.0000.31020
90.40 81,604.53 768,395.47 0.00 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 0.00 0.00 855,000.00 Total Dept 0000 - NON-DEPARTMENTAL
89.87 86,604.53 768,395.47 0.00 0.00 855,000.00 TOTAL REVENUES
Expenditures
Dept 7000 - BONDS
OTHER SERVICES & CHARGES
100.00 (1,201.08)1,201.08 0.00 0.00 0.00 EXPERT & PROFESSIONAL SERV.372.7000.43050
100.00 (166.75)166.75 0.00 0.00 0.00 LEGAL NOTICE PUBLISHING372.7000.43500
68.85 171,310.01 378,689.99 0.00 0.00 550,000.00 LOANS & GRANTS372.7000.44600
69.10 169,942.18 380,057.82 0.00 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 0.00 0.00 50,200.00 INTEREST372.7000.46110
151.67 (775.00)1,075.00 0.00 1,200.00 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
99.88 225.00 191,275.00 0.00 1,200.00 192,700.00 CAPITAL OUTLAY
77.09 170,167.18 571,332.82 0.00 1,200.00 742,700.00 Total Dept 7000 - BONDS
77.09 170,167.18 571,332.82 0.00 1,200.00 742,700.00 TOTAL EXPENDITURES
174.41 (83,562.65)197,062.65 0.00 (1,200.00)112,300.00 NET OF REVENUES & EXPENDITURES
77.09 170,167.18 571,332.82 0.00 1,200.00 742,700.00 TOTAL EXPENDITURES
89.87 86,604.53 768,395.47 0.00 0.00 855,000.00 TOTAL REVENUES
Fund 372 - HUSET PARK AREA TIF (T6):
21
Item 4.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 6/12Page:12/16/2024 10:32 AM
User: suems
DB: Columbia Heights PERIOD ENDING 11/30/2024
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
11/30/2024
ACTIVITY FOR
MONTH
11/30/24
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 0.00 0.00 0.00 CURRENT AD VALOREM375.0000.31010
100.00 (103,891.13)103,891.13 0.00 0.00 0.00 TAXES
100.00 (103,891.13)103,891.13 0.00 0.00 0.00 Total Dept 0000 - NON-DEPARTMENTAL
100.00 (103,891.13)103,891.13 0.00 0.00 0.00 TOTAL REVENUES
Expenditures
Dept 7000 - BONDS
OTHER SERVICES & CHARGES
100.00 (600.54)600.54 0.00 0.00 0.00 EXPERT & PROFESSIONAL SERV.375.7000.43050
100.00 (93,502.02)93,502.02 0.00 0.00 0.00 LOANS & GRANTS375.7000.44600
100.00 (94,102.56)94,102.56 0.00 0.00 0.00 OTHER SERVICES & CHARGES
100.00 (94,102.56)94,102.56 0.00 0.00 0.00 Total Dept 7000 - BONDS
100.00 (94,102.56)94,102.56 0.00 0.00 0.00 TOTAL EXPENDITURES
100.00 (9,788.57)9,788.57 0.00 0.00 0.00 NET OF REVENUES & EXPENDITURES
100.00 (94,102.56)94,102.56 0.00 0.00 0.00 TOTAL EXPENDITURES
100.00 (103,891.13)103,891.13 0.00 0.00 0.00 TOTAL REVENUES
Fund 375 - TIF Z6: 47TH & GRAND:
22
Item 4.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 7/12Page:12/16/2024 10:32 AM
User: suems
DB: Columbia Heights PERIOD ENDING 11/30/2024
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
11/30/2024
ACTIVITY FOR
MONTH
11/30/24
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 0.00 0.00 0.00 CURRENT AD VALOREM391.0000.31010
100.00 (28,007.47)28,007.47 0.00 0.00 0.00 TAXES
100.00 (28,007.47)28,007.47 0.00 0.00 0.00 Total Dept 0000 - NON-DEPARTMENTAL
100.00 (28,007.47)28,007.47 0.00 0.00 0.00 TOTAL REVENUES
Expenditures
Dept 7000 - BONDS
OTHER SERVICES & CHARGES
100.00 (600.54)600.54 0.00 0.00 0.00 EXPERT & PROFESSIONAL SERV.391.7000.43050
100.00 (600.54)600.54 0.00 0.00 0.00 OTHER SERVICES & CHARGES
100.00 (600.54)600.54 0.00 0.00 0.00 Total Dept 7000 - BONDS
100.00 (600.54)600.54 0.00 0.00 0.00 TOTAL EXPENDITURES
100.00 (27,406.93)27,406.93 0.00 0.00 0.00 NET OF REVENUES & EXPENDITURES
100.00 (600.54)600.54 0.00 0.00 0.00 TOTAL EXPENDITURES
100.00 (28,007.47)28,007.47 0.00 0.00 0.00 TOTAL REVENUES
Fund 391 - SCATTERED SITE TIF W3/W4:
23
Item 4.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 8/12Page:12/16/2024 10:32 AM
User: suems
DB: Columbia Heights PERIOD ENDING 11/30/2024
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
11/30/2024
ACTIVITY FOR
MONTH
11/30/24
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 0.00 0.00 0.00 CURRENT AD VALOREM392.0000.31010
100.00 (404,497.31)404,497.31 0.00 0.00 0.00 TAXES
100.00 (404,497.31)404,497.31 0.00 0.00 0.00 Total Dept 0000 - NON-DEPARTMENTAL
100.00 (404,497.31)404,497.31 0.00 0.00 0.00 TOTAL REVENUES
Expenditures
Dept 7000 - BONDS
OTHER SERVICES & CHARGES
100.00 (1,100.54)1,100.54 0.00 0.00 0.00 EXPERT & PROFESSIONAL SERV.392.7000.43050
100.00 (384,272.44)384,272.44 0.00 0.00 0.00 LOANS & GRANTS392.7000.44600
100.00 (385,372.98)385,372.98 0.00 0.00 0.00 OTHER SERVICES & CHARGES
100.00 (385,372.98)385,372.98 0.00 0.00 0.00 Total Dept 7000 - BONDS
100.00 (385,372.98)385,372.98 0.00 0.00 0.00 TOTAL EXPENDITURES
100.00 (19,124.33)19,124.33 0.00 0.00 0.00 NET OF REVENUES & EXPENDITURES
100.00 (385,372.98)385,372.98 0.00 0.00 0.00 TOTAL EXPENDITURES
100.00 (404,497.31)404,497.31 0.00 0.00 0.00 TOTAL REVENUES
Fund 392 - TIF BB2 ALATUS 40TH AV:
24
Item 4.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 9/12Page:12/16/2024 10:32 AM
User: suems
DB: Columbia Heights PERIOD ENDING 11/30/2024
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
11/30/2024
ACTIVITY FOR
MONTH
11/30/24
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 0.00 0.00 0.00 CURRENT AD VALOREM393.0000.31010
100.00 (15,641.34)15,641.34 0.00 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 0.00 0.00 5,948,700.00 Total Dept 0000 - NON-DEPARTMENTAL
0.26 5,933,058.66 15,641.34 0.00 0.00 5,948,700.00 TOTAL REVENUES
Expenditures
Dept 7000 - BONDS
OTHER SERVICES & CHARGES
100.00 (1,228.04)1,228.04 0.00 0.00 0.00 EXPERT & PROFESSIONAL SERV.393.7000.43050
100.00 (1,228.04)1,228.04 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
0.04 5,946,171.96 2,228.04 0.00 0.00 5,948,400.00 Total Dept 7000 - BONDS
0.04 5,946,171.96 2,228.04 0.00 0.00 5,948,400.00 TOTAL EXPENDITURES
4,471.10 (13,113.30)13,413.30 0.00 0.00 300.00 NET OF REVENUES & EXPENDITURES
0.04 5,946,171.96 2,228.04 0.00 0.00 5,948,400.00 TOTAL EXPENDITURES
0.26 5,933,058.66 15,641.34 0.00 0.00 5,948,700.00 TOTAL REVENUES
Fund 393 - TIF BB6 ALATUS 4300 CENTRAL:
25
Item 4.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 10/12Page:12/16/2024 10:32 AM
User: suems
DB: Columbia Heights PERIOD ENDING 11/30/2024
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
11/30/2024
ACTIVITY FOR
MONTH
11/30/24
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 0.00 0.00 235,000.00 HRA CURRENT AD VALOREM408.0000.31012
40.08 44,941.98 30,058.02 0.00 0.00 75,000.00 AREA WIDE TAX408.0000.31014
100.00 2,339.37 (2,339.37)0.00 0.00 0.00 DELNQ. AD VALOREM408.0000.31020
51.04 151,772.03 158,227.97 0.00 0.00 310,000.00 TAXES
51.04 151,772.03 158,227.97 0.00 0.00 310,000.00 Total Dept 0000 - NON-DEPARTMENTAL
51.04 151,772.03 158,227.97 0.00 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 (28,761.86)28,761.86 4,387.52 0.00 0.00 LOANS & GRANTS408.6411.44600
100.00 (28,761.86)28,761.86 4,387.52 0.00 0.00 OTHER SERVICES & CHARGES
100.00 (28,761.86)28,761.86 4,387.52 0.00 0.00 Total Dept 6411 - FACADE IMPROVEMENT GRANT
Dept 6414 - COMMERCIAL REVITALIZATION
OTHER SERVICES & CHARGES
100.00 (195,483.22)174,186.72 391.00 21,296.50 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 (13,491.07)13,491.07 1,651.95 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
209.47 (109,469.50)188,173.00 2,042.95 21,296.50 100,000.00 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
26
Item 4.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 11/12Page:12/16/2024 10:32 AM
User: suems
DB: Columbia Heights PERIOD ENDING 11/30/2024
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
11/30/2024
ACTIVITY FOR
MONTH
11/30/24
ENCUMBERED
YEAR-TO-DATE
2024
AMENDED BUDGETDESCRIPTIONGL NUMBER
Fund 408 - EDA REDEVELOPMENT PROJECT FD
Expenditures
140.64 (125,989.05)414,692.55 2,042.95 21,296.50 310,000.00 Total Dept 6414 - COMMERCIAL REVITALIZATION
Dept 6418 - FIRE SUPPRESSION GRANT
OTHER SERVICES & CHARGES
100.00 (74,436.00)74,436.00 0.00 0.00 0.00 LOANS & GRANTS408.6418.44600
100.00 (74,436.00)74,436.00 0.00 0.00 0.00 OTHER SERVICES & CHARGES
100.00 (74,436.00)74,436.00 0.00 0.00 0.00 Total Dept 6418 - FIRE SUPPRESSION GRANT
180.44 (249,354.80)538,058.30 6,430.47 21,296.50 310,000.00 TOTAL EXPENDITURES
100.00 401,126.83 (379,830.33)(6,430.47)(21,296.50)0.00 NET OF REVENUES & EXPENDITURES
180.44 (249,354.80)538,058.30 6,430.47 21,296.50 310,000.00 TOTAL EXPENDITURES
51.04 151,772.03 158,227.97 0.00 0.00 310,000.00 TOTAL REVENUES
Fund 408 - EDA REDEVELOPMENT PROJECT FD:
27
Item 4.
REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 12/12Page:12/16/2024 10:32 AM
User: suems
DB: Columbia Heights PERIOD ENDING 11/30/2024
% BDGT
USED
UNENCUMBERED
BALANCE
YTD BALANCE
11/30/2024
ACTIVITY FOR
MONTH
11/30/24
ENCUMBERED
YEAR-TO-DATE
2024
AMENDED BUDGETDESCRIPTIONGL NUMBER
Fund 420 - CAP IMPROVEMENT-DEVELOPMENT
Expenditures
Dept 6317 - DOWNTOWN PARKING
OTHER SERVICES & CHARGES
100.00 (49,655.26)49,655.26 0.00 0.00 0.00 MISC. CHARGES420.6317.44300
100.00 (49,655.26)49,655.26 0.00 0.00 0.00 OTHER SERVICES & CHARGES
100.00 (49,655.26)49,655.26 0.00 0.00 0.00 Total Dept 6317 - DOWNTOWN PARKING
100.00 (49,655.26)49,655.26 0.00 0.00 0.00 TOTAL EXPENDITURES
100.00 49,655.26 (49,655.26)0.00 0.00 0.00 NET OF REVENUES & EXPENDITURES
100.00 (49,655.26)49,655.26 0.00 0.00 0.00 TOTAL EXPENDITURES
0.00 0.00 0.00 0.00 0.00 0.00 TOTAL REVENUES
Fund 420 - CAP IMPROVEMENT-DEVELOPMENT:
283.26 431,554.51 (294,517.03)(40,961.38)(24,437.48)112,600.00 NET OF REVENUES & EXPENDITURES
26.50 5,418,315.76 1,928,646.76 40,961.38 24,437.48 7,371,400.00 TOTAL EXPENDITURES - ALL FUNDS
21.83 5,849,870.27 1,634,129.73 0.00 0.00 7,484,000.00 TOTAL REVENUES - ALL FUNDS
28
Item 4.
ECONOMIC DEVELOPMENT AUTHORITY
AGENDA SECTION BUSINESS ITEMS
MEETING DATE 1/6/2025
ITEM: Designating the 2025 Official Depositories of the Economic Development Authority
DEPARTMENT: Community Development BY/DATE: Emilie Voight, 12/17/2024
BACKGROUND:
The EDA is required to designate by resolution the depositories used for its funds and investments. The
attached resolution follows the format of resolutions passed in previous years by the EDA and the City Council.
Most general banking transactions of the EDA and the City are conducted through Northeast Bank. Accounts
are also maintained at U.S. Bank for certain specialized services such as payroll and debt service payments.
The only material difference between this proposed resolution and the resolution adopted annually by the
City Council is that the EDA resolution allows for the EDA’s funds to be held in accounts under the name of the
City of Columbia Heights. This has always been the EDA’s practice. Since the creation of the EDA in 1996, it has
never had a separate checking account under its own name . All EDA expenditures since its inception have
been made using checks drawn in the City’s name on behalf of the ED A. Staff recommend maintaining these
two banking relationships, as they continue to meet the EDA’s current needs while also providing capacity for
addressing the EDA’s evolving needs for electronic banking services.
There are no differences between this year’s depositories and those of 2024.
RECOMMENDED MOTION(S):
MOTION: Move to waive the reading of Resolution 2025-02, there being ample copies available to the
public.
MOTION: Move to adopt Resolution 2025-02, a resolution of the Columbia Heights Economic Development
Authority designating official depositories.
ATTACHMENT(S):
1. Resolution 2025-02
29
Item 5.
Resolution 2025-02
RESOLUTION NO. 2025-02
A RESOLUTION OF THE COLUMBIA HEIGHTS ECONOMIC DEVELOPMENT AUTHORITY
DESIGNATING OFFICIAL DEPOSITORIES
Now, therefore, in accordance with the bylaws and regulations of the Columbia Heights Economic
Development Authority (the Authority), the Board of Commissioners of the Authority makes the following:
ORDER OF BOARD
IT IS HEREBY RESOLVED, that Northeast Bank, and U.S. Bank, are hereby designated as depositories for the
Authority’s funds.
IT IS FURTHER RESOLVED, that the funds of the Authority can be held in accounts at these depositories under
the name and federal identification number of the City of Columbia Heights, Minnesota (the City), together
with the funds of the City, provided that separate fund accounting records are maintained for the respective
Authority and City shares of such accounts in a manner consistent with generally accepted accounting and
auditing standards.
IT IS FURTHER RESOLVED, that the responsibility for countersigning orders and checks drawn against funds of
the Authority, assigned in the Authority’s bylaws to the Authority President, is hereby delegated to the City
Mayor.
IT IS FURTHER RESOLVED, that checks, drafts, or other withdrawal orders issued against the funds of the
Authority on deposit with these depositories under the City’s name shall be signed by the following:
City Mayor
City Manager
City Finance Director
and that said banks are hereby fully authorized to pay and charge said accounts for any such checks, drafts, or
other withdrawal orders issued by the City on behalf of the Authority.
IT IS FURTHER RESOLVED, that Northeast Bank, and U.S. Bank, are hereby requested, authorized and directed
to honor checks, drafts or other orders for the payment of money drawn in th e City’s name on behalf of the
Authority, including those drawn to the individual order of any person or persons whose name or names
appear thereon as signer or signers thereof, when bearing or purporting to bear the facsimile signatures of the
following:
City Mayor
City Manager
City Finance Director
and that Northeast Bank, and U.S. Bank, shall be entitled to honor and to charge the Authority, or the City on
behalf of the Authority, for all such checks, drafts or other orders, regardless of by whom or by what means
the facsimile signature or signatures thereon may have been affixed thereto, if such facsimile signature or
signatures resemble the facsimile specimens duly certified to or filed with the Banks by the City Finance
Director or other officer of the Authority or City.
30
Item 5.
City of Columbia Heights – EDA Resolution Page 2
Resolution 2025-02
IT IS FURTHER RESOLVED, that the City Finance Director or their designee shall be authorized to make
electronic funds transfers in lieu of issuing paper checks, subject to the controls required by Minnesota
Statutes and by the City of Columbia Heights’ financial policies.
IT IS FURTHER RESOLVED, that all transactions, if any, relating to deposits, withdrawals, re-discounts and
borrowings by or on behalf of the Authority with said depositories, made directly by the Authority or by the
City on the behalf of the Authority, prior to the adoption of this resolution be, and the same hereby are, in all
things ratified, approved and confirmed.
IT IS FURTHER RESOLVED, that any bank designated above as a depository, may be used as a custodian (a.k.a.
depository) for investment purposes, so long as the investments comply with authorized investments as set
forth in Minnesota Statutes.
IT IS FURTHER RESOLVED, that Bank of New York Mellon DBA Pershing Advisor Solutions LLC may be used as a
custodian (a.k.a. depository) for investment purposes so long as the investments comply with the authorized
investments as set forth in Minnesota Statutes.
IT IS FURTHER RESOLVED, that the funds of the Authority can be held in accounts at such investment
custodians under the name and federal identification number of the City, together with the funds of the City,
provided that separate fund accounting records are maintained for the respective Authority and City shares of
such accounts in a manner consistent with generally accepted accounting and auditing standards.
BE IT FURTHER RESOLVED, that any and all resolutions heretofore adopted by the Board of Commissioners of
the Authority with regard to depositories or brokerage firms are superseded by this resolution.
ORDER OF ECONOMIC DEVELOPMENT AUTHORITY
Passed this 6th day of January 2025
Offered by:
Seconded by:
Roll Call:
President
Attest:
Secretary
31
Item 5.
ECONOMIC DEVELOPMENT AUTHORITY
AGENDA SECTION BUSINESS ITEMS
MEETING DATE 01/06/2025
ITEM: Transfer of Property to the City: 960 40th Ave NE
DEPARTMENT: Community Development BY/DATE: Emilie Voight, 12/19/2024
BACKGROUND:
The Columbia Heights EDA currently owns the real property located at 960 40th Ave NE, property ID number
36-30-24-32-0046. The property is located immediately east of City Hall, abutting the City Hall parcel, with
street access from 40th Ave NE to the north.
In 2020, Alatus LLC purchased the site from its previous owner in preparation for the City Hall redevelopment
project. In 2021, the EDA then purchased the site from Alatus LLC in order to hold it for eventual City use. In
late 2024, the property was paved, striped, and posted as City-owned vehicle parking only. Two adjacent
property owners continue to use the site for motor vehicle access to their garages.
Because this property now serves as a City parking facility and no future redevelopment is planned for the site,
staff recommend that the EDA transfer the property to City ownership.
RECOMMENDED MOTION(S):
MOTION: Move to waive the reading of Resolution 2025-03, there being ample copies available to the
public.
MOTION: Move to approve Resolution 2025-03, a resolution authorizing conveyance of certain real
property to the City of Columbia Heights.
ATTACHMENT(S):
1. Resolution 2025-03
32
Item 6.
Resolution 2025-03
COLUMBIA HEIGHTS ECONOMIC DEVELOPMENT AUTHORITY
CITY OF COLUMBIA HEIGHTS
ANOKA COUNTY
STATE OF MINNESOTA
RESOLUTION NO. 2025-03
AUTHORIZING CONVEYANCE OF CERTAIN REAL PROPERTY TO THE CITY OF COLUMBIA HEIGHTS
WHEREAS, the Columbia Heights Economic Development Authority (the “Authority”) is the owner of certain
real property located in Anoka County, Minnesota and legally described as
Lot 23, Block 6, Reservoir Hills, according to the plat thereof on file and of record in the office of the
Registrar of Deeds within and for said Anoka County, Minnesota
(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 of the Authori ty herein authorized shall
be conclusive evidence of the approval of such document in accordance with the terms hereof. This resolution
33
Item 6.
City of Columbia Heights – EDA Resolution Page 2
Resolution 2025-03
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 cau se 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 6th day of January 2025
Offered by:
Seconded by:
Roll Call:
President
Attest:
Secretary
34
Item 6.
ECONOMIC DEVELOPMENT AUTHORITY
AGENDA SECTION BUSINESS ITEMS
MEETING DATE 1/6/2025
ITEM: 2025 EDA Goal Setting
DEPARTMENT: Community Development BY/DATE: Community Development Staff, 1/3/25
BACKGROUND:
In preparation for the Council’s 2025 goal setting process, staff are providing the EDA with the opportunity to
define its 2025 priorities. Last year, staff utilized the City Council’s goals to guide the EDA’s priorities. For 2025,
however, staff aim to establish the EDA’s goals prior to the Council’s meeting so that the EDA may directly
inform some of the City’s broader strategies. The goal setting process will take place over two sessions. The
first session, in January, will include a presentation of the EDA’s current finances, followed by an interactive
activity to identify priorities for 2025. In the second session, held in February, staff will present a summary of
the January discussions along with recommendations for the EDA’s 2025 goals. Feedback will be solicited, and
the recommendations will be refined as necessary. This process will result in a final set of EDA priorities for
2025.
As staff work with the EDA to set goals and establish priorit ies for 2025, we wanted to provide baseline
information of financial resources available to the EDA. The EDA has control over multiple funding sources and
the ability to apply for additional funds in certain areas. To allow the EDA time and space to establish its
priorities and objectives, staff will not cover the current finances of the commission in depth at this time.
Instead, at the February meeting, staff will present a proposed distribution based on the EDA’s feedback
during this goal setting session. This approach is a more efficient use of EDA time and will give staff a good
starting point for preparing recommendations.
Listed below are the sources or pools of funds the EDA has authority over; the purpose of this meeting is not
to define the specific uses of each individual fund, but rather to highlight the priorities for their overall use.
Fund 204 and Fund 408
For 2025, the EDA has budgeted $375,000 for Fund 204 and $425,000 for Fund 408. Fund 204 is an operating
fund that was increased to provide greater flexibility for the EDA’s initiat ives. This fund will retain a budgeted
fund balance of $309,000, with an additional $66,000 transferred to Fund 408 for expenditure.
Fund 408’s 2025 budget includes the following expenditures:
$5,000 for the Home Energy Squad Program
$50,000 for the Façade Improvement Grant Program
$60,000 for the Fire Suppression Grant Program
$200,000 for the Commercial Revitalization Program
With the additional $66,000 from Fund 204, Fund 408 has $181,000 not yet allocated for expenditure in 2025.
In addition to these budgeted funds, Fund 408 contains a small reserve accumulated from past projects. In
2024, the EDA loaned $950,000 from this reserve to the City for the purchase of 675 37th Ave NE. This loan is
expected to be repaid upon the initiation of the new Public Works site. Approximately $500,000 remains in
the reserve after this loan.
35
Item 7.
Page 2
Affordable Housing Trust Fund
In 2024, the City Council designated the EDA as the sole administrator of the City’s Affordable Housing Trust
Fund. This fund stores the affordable housing sales tax revenue received from the state, along with any
additional contributions from the City or EDA. Currently, the Affordable Housing Trust Fund contains
$142,878.18 from the 2024 sales tax issuance. Staff anticipate additional grant opportunities in 2025, which
will be included in the next round of goal setting at the February EDA meeting.
Anoka County HRA Tax Levy
The EDA also has access to funds from the Anoka County HRA Tax Levy. These are levied funds allocated to
housing and economic development in Columbia Heights. A portion of the levy covers County HRA staff and
administration costs, while the remaining balance is reserved for City projects. Currently, this fund contains
$374,454.
Pooled Funds in the C8 TIF District
The EDA can also access pooled funds from the C8 TIF district, which have been used to support affordable
housing development within the City. As of now, the C8 district has $215,000 in pooled funds available.
GOAL SETTING ACTIVITY:
Staff will walk the EDA through the goal setting activity described below. As part of this activity, EDA
commissioners will be asked to provide three or four answers to Question 1 (see below). Please think through
your ideas ahead of time and be prepared to share them during the meeting. Post-It notes will be provided at
the meeting.
“The responsibility of the EDA is to provide financial and technical assistance and reso urces to
residential, commercial, and industrial interests to promote health, safety, welfare, economic
development, and redevelopment.”
Process: Ideas -> Focus areas -> Prioritization -> Staff recommendations
Question 1: What are three or four initiatives, strategies, or topics that you would like the EDA to focus
on in 2025? Write each one on a separate big Post-It note.
o These can be general or very specific.
o They can be new or based on things the EDA already does or has done in the past.
o Examples: revise Façade Improvement Grant program and Fire Suppression Grant program
guidelines; create business directory booklet; develop and implement a Business Retention and
Expansion program…
After we have completed Question 1, we will come back together as a group to discuss the results and
define focus areas.
Question 2: Using your three small Post-It notes, vote for the three suggestions that you would like the
EDA to prioritize this year.
After we have completed Question 2, staff will outline next steps.
36
Item 7.