FOR WE'VE GOT A LONG AGENDA AND WE'VE GOT A QUORUM SO WHY DON'T WE CALL THE MEETING TO ORDER AND THE FIRST
ITEM ON THE AGENDA IS THE APPROVAL OF MINUTES FROM OUR PORT AUTHORITY MEETING. IT'S ON PAGE TWO AND WE GOT ANOTHER SET OF MINUTES TO SO I WOULD ENTERTAIN A MOTION FOR
THE APPROVAL FOR 30 MINUTES STARTING ON PAGE THREE. SO MOVED MOTION MADE RIGHT MAYOR WE HAVE A SECOND TONIGHT
A SECOND BY COMMISSIONER HUNT . ANY ADDITIONS OR CORRECTIONS IF NOT ALL IN FAVOR PLEASE SIGNIFY BY SAYING I. I OPPOSED MOTION CARRIED FIVE
ZERO AND THEN WE HAVE ANOTHER SET OF MINUTES FOR THE JOINT MEETING THAT WE HAD WITH THE HRA AND THE RESOLUTION FOR THAT IS ON PAGE FIVE OF YOUR PACKET SO I WOULD ENTERTAIN A
MOTION FOR APPROVAL OF THOSE SO MOVED ONCE AGAIN SO WE HAVE A MOTION MADE AND SECONDED. COMMISSIONER NELSON SECOND THE MAYOR MADE THE MOTION HE ANY
ADDITIONS OR CORRECTIONS? NOT ALL IN FAVOR PLEASE SIGNIFY BY SAYING I. I OPPOSED MINISTER APPROVE FIVE ZERO WE GO ON AND TO
HOLLY UH LET BLOOMINGTON CENTRAL STATION GROCERY THANK YOU PRESIDENT ERICKSON WILL ACTUALLY BE LUKES THAT IS PRESENTING THIS TO US OH
WELCOME GOOD EVENING COMMISSIONERS I'M BEFORE YOU TONIGHT IS A REALLY JUST A CONTINUATION OF THE PREVIOUS DISCUSSION AT THE FEBRUARY
PORT MEETING REGARDING THE BLOOMINGTON CENTRAL STATION GROCERY RECAPTURE AGREEMENT AND THERE WAS SOME PROPOSALS OR A PROPOSAL MADE AT THAT FEBRUARY MEETING TO CHANGE HOW
THE RECAPTURE IS CALCULATED THAT WAS BASED ON SOME WORK IN PARTNERSHIP REALLY WITH MCGUFF, THE DEVELOPER OF BCS AND THE GROCERY TENANTS. THEY WERE IN CONVERSATION WITH
AT THAT TIME. WE CAN REPORT AT THIS POINT THAT THEY HAVE SIGNED A LEASE WITH COLONIAL MARKET. THAT'S SOME GREAT NEWS AND THIS REALLY IS THE SAME AS WHAT YOU SAW IN FEBRUARY THAT
THOSE CHANGES TO THE RECAPTURE ARE REALLY A CHANGE FROM THE EBITDA CALCULATION TO A BASE RENT PLUS PERCENTAGE RENT CALCULATION. THE GROCERY TOWN IS PAYING A
BASE ROUND OF $5 A SQUARE FOOT STARTING IN FEBRUARY AND FISCAL YEAR 27. SO IT'S A TWO YEAR FREE RENT PERIOD. HELP THEM GET STARTED AND GET UP AND RUNNING THAT THEN $5 A SQUARE FOOT INCREASES AT 2% YEARLY.
THE PERFORMANCE RENT IS CALCULATED AT 4% OF GROSS SALES IN AMOUNTS ABOVE THE BASE RENT ANNUALLY STARTING ALSO FISCAL YEAR 27. THE PREVIOUS WHAT WAS REFERRED TO AS THE GROCERY BUSINESS
RESERVE IS NOW ELIMINATED AND THE LANDLORD RETAINS ANY BASE RENT PERFORMANCE RENT PAID UP TO 625,000 THAT COVERS SOME OF THE PRIOR TENANT OPERATING EXPENSES PAID BY THE LANDLORD LEASING COMMISSION
REFURBISHMENT AND AT THE END OF THIS COMING TERM AND VARIOUS OTHER EXPENSES AND ANY REMAINING RENT PAID BY GROCERY TENANT GOES TO CITY GROCER
RECAPTURE UP TO 50% OF THAT INVESTMENT. SO THOSE ARE KIND OF THE OVERVIEW OF THE CHANGES ONCE AGAIN REALLY EXCITED NOW THAT WE HAVE A SIGNED LEASE THIS COLONIAL MARKET IS GOING TO BE
A TRADITIONAL GROCERY STORE BUT ALSO HAVE A LIQUOR STORE COMPONENT AND A KIND OF TO GO FOOD COUNTER QUICK SERVICE RESTAURANT COMPONENT AS WELL. SO REALLY PROMISING FOR THAT
AREA. WE THINK THIS WILL FIT VERY WELL AND WORK A LITTLE BIT BETTER THAN SOME OF THE PREVIOUS IDEAS THAT HAVE BEEN EXPLORED RECOGNIZING OF COURSE
THAT THIS REALLY DOES LIMIT MAYBE WHAT THE RECAPTURE WAS PROPOSED FROM SOME PREVIOUS EXAMPLES. BUT WITH THE PARTNERSHIP WE HAVE WITH THIS THIS GROCER AND THE DEVELOPER AND THE ANALYSIS WE'VE DONE, WE SEEM LIKE THIS
IS PROBABLY KIND OF REALISTICALLY AS GOOD AS THIS IS GOING TO GET AND REALLY EXCITED TO SEE COLONIAL MARKET INTERESTED AND WORKING FOR US AND FILLING THE SPACE WITH THAT WE ARE LOOKING FOR YOU TO AMEND THE OR TO APPROVE
THE AMENDED AND RESTATED GROCERY CAPTURE AGREEMENT AND I'M HERE TO TAKE ANY QUESTIONS. I'LL ALSO NOTE KEVIN HAS ONE AMENDMENT TO MAKE ON THE FLOOR QUICKLY SO DO YOU WANT TO MAKE
THE AMENDMENT? KEVIN YES HI GOOD AFTERNOON PRESIDENT ERICKSON MAYOR AND COMMISSIONERS WE WERE INFORMED THAT THE RECAPTURE HAS A REFERENCE TO A PRESIDENT
OF APPRAISAL INSTITUTE WHICH NO LONGER IS APPLICABLE AND SO THERE IS A NEED TO CHANGE THE REFERENCE TO THAT IN A PORTION OF THE AGREEMENT. IT'S A CARRYOVER FROM THE AGREEMENT WHEN IT WAS FIRST
ESTABLISHED AND SO WE WOULD WORK WITH JULIE. EDIT EDINGTON COUNCIL TO UPDATE THAT. AND SO AS PART OF THIS AGREEMENT WE'RE ASKING FOR YOU TO AUTHORIZE THAT CHANGE AS WELL. SO THAT IS ON PAGE FIVE AND
SIX OF THE RECAPTURE AGREEMENT THAT IS BEFORE YOU TODAY. TEN WELL WE ARE DELIGHTED TO HAVE YOU BACK HERE. WE'RE DELIGHTED TO HAVE A
SITUATION WHERE WE ACTUALLY HAVE SOMEBODY THAT'S GOING TO BE GOING IN THERE NEXT MONTH AND AND HAVING BEEN INVOLVED IN THE FOOD BUSINESS A LITTLE BIT, IT WAS OBVIOUSLY
DISAPPOINTING WHEN IT DIDN'T GO AND I JUST GIVE KUDOS TO MCGUFF TO FOR BEING PERSEVERING AND LOOKING AT IT. I MEAN IT WAS A SITUATION THAT
WITH A GROCERY STORE YOU HAVE A HUGE INITIAL CAPITAL COST AND IT'S NOT WORTH VERY MUCH IF YOU REMOVE IT. SO THERE'S A BIG INCENTIVE FOR THAT BUT NEVERTHELESS THEY WORKED AND GOT IT DONE AND IT
WAS EXCITING TO SEE THE NEWSPAPER ARTICLE ON ON THIS OPERATION AND SO LET'S LET'S HOPE I MEAN THE WHOLE PURPOSE OF THE RECAPTURE AGREEMENT IS
IS SOMETHING THAT WE INSTITUTED A NUMBER OF YEARS AGO THAT IF THINGS REALLY GO WELL WELL, THIS WAS A SITUATION WHERE OBVIOUSLY THEY DIDN'T GO WELL THE FIRST ROUND AND I THINK WE GET THE BIG
PAYOFF OF OF WORKS AND THOSE THINGS FOR THE PEOPLE IN THE AREA. SO I DID WANT TO JUST MAKE A COMMENT FROM MY DAYS ON THE FOOD BUSINESS. WE USED TO BE AT 1% OF GROSS
SALES FOR OVERRIDES AND NOW IT'S FOUR SO THAT'S A PRETTY HEALTHY INCREASE. THAT'S A LITTLE DIFFERENT TYPE OF OPERATION BUT SO PORT AUTHORITY QUESTIONS. MR. HUNT I AM THRILLED TO HEAR
THAT THERE'S BEEN A TENANT LOCATED. I FEEL COMPELLED TO ASK WHAT KIND OF DUE DILIGENCE AND SO FORTH AND I'M MAKING THE ASSUMPTION IS VERY THOROUGH BUT I DO NEED TO ASK YOU KNOW WHAT WHAT DUE DILIGENCE DID
DID MCGUFF DO AND IN THE CITY DO ESPECIALLY IN LIGHT OF THAT AS I READ THE ARTICLE IN THE PAPER THEY'RE EXPANDING TO ANOTHER LOCATION AND SO ALL OF A SUDDEN AND THIS IS THAT OLD CONSERVATIVE BANKER HAD IN ME BUT YOU'RE GOING FROM
ONE LOCATION THAT HAD SOME ISSUES TO ANOTHER LARGE LOCATION AND ONE A THIRD ONE. SO JUST WAS CONCERNED ABOUT THAT AND THE METRICS AT WHAT
THEY ALL LOOKED AT AND SO FORTH. >> SO YES, I CAN SAY THAT WAS LARGELY ON MCGUFF WORKING WITH WITH THE TENANT OBVIOUSLY YOU KNOW REALISTICALLY THEY WERE IN DISCUSSION WITH A HANDFUL
OF VERY SIMILAR TYPES OF BUSINESSES AND THIS IS THE ONLY ONE THAT WENT FORWARD. SO WE'RE THINKING IT'S VERY PROMISING THEY HAVE SIGNED A LEASE SO THEY'RE PRETTY COMMITTED BUT I CAN'T SPEAK
TOO MUCH TO HOW MUCH DUE DILIGENCE OR EXACTLY WHAT THEY WERE LOOKING AT. YOU KNOW, WE THINK THIS IS PROBABLY JUST THE MOST PROMISING PATH FORWARD TO GET A GROCERY TENANT IN THAT SPACE. THANK YOU.
OTHER THREE QUESTIONS. IF NOT I WOULD ENTERTAIN A MOTION THAT'S ON PAGE TEN OF YOUR PACKAGE AND THEN WITH THE AMENDMENTS KEVIN MENTIONED THAT WE WOULD HAVE I READ
THROUGH THE AGREEMENTS AND IT'S AN AWFUL LONG AGREEMENT IN THE PACKAGE TO TO LOOK THROUGH. BUT AT ANY RATE THAT'S THE WAY THESE THINGS GET TO BE.
SO DO WE HAVE A MOTION TO. MR. PRESIDENT, I MOVE THAT WE APPROVE THE AMENDED AND RESTATED RECAPTURE AGREEMENT WITH BOOKS FOR MULTIFAMILY LLC WITH THE CHANGES DISCUSSED BY THE STAFF MOTION MADE BY
COMMISSIONER PETERSON. DO WE HAVE A SECOND SECOND SECOND BY COMMISSIONER NELSON ANY FURTHER DISCUSSION IF NOT ALL IN FAVOR PLEASE SIGNIFY BY
SAYING I OPPOSED MOTION CARRIES SIX ZERO. WE THEN COME TO A PUBLIC HEARING SO HOLLY, DO YOU WANT
TO START US OFF ON THAT? THANK YOU, PRESIDENT ERICKSON, MAYOR AND COMMISSIONERS. IT WILL BE LUKE SPONSIBLE ECONOMIC DEVELOPMENT ANALYST THAT WILL BE PRESENTING THIS INFORMATION AS WELL TODAY.
>> ALL RIGHT, GOOD EVENING AGAIN COMMISSIONERS FOR THIS ITEM BEFORE YOU TONIGHT. THIS IS REGARDING THE REMODEL PROPERTY. I IMAGINE YOU ARE QUITE FAMILIAR WITH IT BUT IT'S THREE PARCELS JUST NORTH
OF AMERICAN BOULEVARD NEAR NEAR THE MALL OF AMERICA AND MSP. SO THIS PROPERTY WAS PURCHASED BACK IN MAY OF 2016 FOR PURPOSES OF ECONOMIC DEVELOPMENT.
PART OF THAT DOES INVOLVE THE EXTRA 2027 PROJECT AND THAT FOR THE PURCHASE BACK IN 2016 WE HAD A PERIOD OF NINE YEARS WHERE AS TAX EXEMPT WHILE WE EXPLORED THAT ECONOMIC
DEVELOPMENT OPPORTUNITIES FOR THAT PARCEL NOW AT 2025 THAT NINE YEARS HAS RUN OUT WITH THE PARCEL TIED UP PARCELS TIED UP FOR A PRETTY SIGNIFICANT AMOUNT OF TIME FOR EXPO.
WE'RE AT THE POINT WHERE WE NEED TO EXPLORE A POTENTIALLY A DIFFERENT USE AND REALLY REEVALUATE WHERE WHERE AND WHAT WE WANT TO DO WITH THAT PROPERTY. AND SO WHAT WE'RE ASKING FOR
TONIGHT IS A WE'RE REQUESTING APPROVAL TO SELL THIS PROPERTY TO THE CITY OF BLOOMINGTON AS WE'RE EXPLORING THE POTENTIAL TO USE IT AS A FOR A SHORT TERM USE AS A PARK AND THAT
WILL MEAN IT'S A PUBLIC USE AGAIN AND ALLOW US TO GIVE US MORE TIME TO REEVALUATE WAIT WHAT WE MIGHT BE USING THE PROPERTY FOR IN THE FUTURE BUT THE SHORT TERM USE IN THAT
WOULD BE PER THE PURCHASE AGREEMENT WOULD BE FOR A PARK POTENTIALLY FOR SOMETHING LIKE BIKE SKILLS PARK OR SOMETHING TO THAT EFFECT. I WILL NOTE FOR THOSE OF YOU
WHO ARE RECALL THAT THERE IS A RIGHT OF FIRST REFUSAL ON THE PROPERTY HELD BY DELTA METRO INVESTMENTS SUBSIDIARY OF MALL OF AMERICA THAT INCLUDED
IN YOUR PACKET TONIGHT IS A IF THE CONSENT TO THE OPTION OF FIRST REFUSAL AGREEMENT WE DID WORK WITH WITH MALL OF AMERICA AND THEY'RE CERTAINLY AMENABLE TO THIS
SALE AND THE AGREEMENT INCLUDED WILL BE SIGNED TO MAKE SURE THAT THEY CANNOT EXERCISE THEIR RIGHT OF FIRST REFUSAL AT THE SALE PRICE OF A DOLLAR AND THEY CONSENT TO THE CHANGE OF OWNERSHIP.
SO JUST SO YOU'RE YOU'RE AWARE OF THAT I WILL JUST MAKE QUICK MENTION THAT IN ADDITION TO WHAT WE'RE DOING TONIGHT, THERE'S ALSO A LEGISLATIVE REQUEST EVALUATING THE EXTENSION OF THE ECONOMIC
PUBLIC PURPOSE FOR SIX ADDITIONAL YEARS AND SO THAT THAT IS ALSO ONGOING. BUT WITH THAT I'M HAPPY TO ANSWER ANY QUESTIONS TONIGHT
WE ARE REQUESTING THE COMMISSION APPROVE THE SALE OF THE REMAINDER PROPERTY TO THE CITY FOR THE PURPOSE OF DEVELOPING THE PROPERTY AS A PUBLIC USE SUCH AS A PARK.
I'M ONCE AGAIN HAPPY TO TAKE ANY THANK YOU. I'VE GOT A LIST OF THINGS THAT I'VE BEEN GIVEN HERE BY OUR CITY ATTORNEY TO MAKE SURE THAT WE COMPLY WITH ALL THE THINGS SO FIRST THING I HAVE
TO ASK IS ANYBODY ON THE COURT HAVE ANY QUESTIONS OF THE STAFF ON THE PRESENTATION THEY'VE MADE TO THIS POINT? MR. NELSON YEAH.
JUST A QUICK QUESTION ON THE FIRST RIGHT OF REFUSAL IF I UNDERSTAND CORRECTLY THAT EXPIRES THE SAME TIME I WOULD HAVE EXPIRED PREVIOUSLY AND THAT WOULD BE NEXT YEAR SOMETIME, CORRECT?
NO MEANINGFUL CHANGES TO THAT AGREEMENT ITSELF REALLY IT'LL JUST MEAN IT'S A DIFFERENT NAME AS I'LL BE CITY INSTEAD OF PORT. OKAY. AND THEN MY SECOND QUESTION IS
IN TERMS OF THE TRANSFORMATION OF THIS TO A LIMITED TEMPORARY PARK THING THAT WOULD BE ON THE CITY OF BLOOMINGTON NOW THE PORT TO DO THOSE MODIFICATIONS, IS THAT
ACCURATE? I BELIEVE THAT'S ACCURATE. WE'RE WORKING WITH PARKS AND RECREATION RIGHT NOW TO TO WORK OUT EXACTLY WHAT THOSE IMPROVEMENTS MIGHT LOOK LIKE. YES. OKAY. THANK YOU.
YOU KNOW FOR COMMISSIONER LANCE. YEAH, I WAS JUST WONDERING IF STAFF GOT ANY HINT INTEREST AT ALL. IT IS THE MALL OF AMERICA ACTUALLY INTERESTED IN BUYING THIS FOR A CERTAIN DEVELOPMENT
THEY'VE GOT IN MIND. IS THERE ANYTHING ON THE HORIZON OR AN INKLING OR ANYTHING AT ALL? NOT THAT I'M AWARE OF PERSONALLY AM I WELCOME ANYBODY ELSE WHO HAS HEARD
ANYTHING BUT AT THIS POINT NO, THAT IS NOT A CONVERSATION WE'VE HAD AND THAT I'VE BEEN A PART OF AND WHICH IS IF THERE'S NOT AN EXTENSION THAT RIGHT OF RESTRICTION YOU KNOW
THIS IS THE TERMINATION AND APRIL 30TH OF 2026 AND JUST IN RESPONSE PRESIDENT ERICKSON AND COMMISSIONER LYONS AND COMMISSIONERS WE DO GET INQUIRIES FOR THE SITE FOR THE
DEVELOPMENT BUT LANDSCAPE HAS BEEN VERY CHALLENGING OVER THE LAST FEW YEARS IN PARTICULAR AND OUR UNDERSTANDING HAS ALWAYS BEEN THAT THE PORT AND
THE CITY WANTED THIS PROPERTY TO BE A HIGH INTENSITY USE AND A VERY VISIBLE DEVELOPMENT FOR THE CITY. SO GIVEN THAT WE HAVE NOT RECEIVED AN INQUIRY THAT IS
VIABLE THAT MEETS THOSE NEEDS YET WE ARE LOOKING TO EXTEND THE TIMELINE WE HAVE TO WORK WITH THIS PROPERTY NOT NOT THE RETROFIT THAT WAS LOOKING AT
IT AT ONE THING. ANY OTHER PORT AUTHORITY CLARIFICATIONS QUESTIONS? IF NOT I'M GOING TO OPEN A
PUBLIC HEARING AND I WILL ASK MARK DO WE HAVE ANYBODY PRE-REGISTER? NO. PRESIDENT ERICKSON WE DO NOT. OUR AFFIDAVIT OF PUBLICATION STATED THAT ALL INTERESTED PERSONS MAY APPEAR AT THE
HEARING AND PRESENT THEIR VIEWS ORALLY OR PRIOR TO THE MEETING IN WRITING AND NO ONE HAS DONE THAT. THANK YOU MARK. AND THEN I WOULD ASK ANYBODY IN THE AUDIENCE IS THERE
ANYONE HERE WHO WOULD LIKE TO PROVIDE TESTIMONY AT THIS PUBLIC HEARING SEEING NO ONE I
AM GOING TO LOOK FOR A MOTION TO CLOSE THE PUBLIC HEARING. SO SECOND, A MOTION MADE BY MARE SECONDED BY COMMISSIONER HUNT.
ANY FURTHER DISCUSSION IF NOT ALL IN FAVOR SIGNIFY BY SAYING I OPPOSED MOTION CARRIES SIX ZERO. WE THEN GET INTO THE
DISCUSSION ON MOTION TO APPROVE SO IF MOST PEOPLE HAVE QUESTIONS I WOULD ENTERTAIN A MOTION TO DO THIS ON PAGE 34
OF YOUR PACKAGE . MR. PETERSON I THANK YOU MR. PRESIDENT. I MOVE THAT WE ADOPT RESOLUTION THE RESOLUTION IN THE PACKET AUTHORIZING THE SALE OF THE AMOUNT OF PARCEL
TO THE CITY OF BLOOMINGTON TO EXECUTE ALL NECESSARY DOCUMENTATION. AND DO WE HAVE A SECOND SECONDED BY COMMISSIONER NELSON ANY FURTHER DISCUSSION IF NOT ALL FAVOR PLEASE
SIGNIFY BY SAYING I. I OPPOSED MOTION CARRIES SIX ZERO MR. PRESIDENT YES THAT WE AUTHORIZE THE PORT AUTHORITY ADMINISTRATOR TO EXECUTE THE
MOU ACTION AND FIRST REFUSAL AGREEMENT CONSENT DO WE HAVE A SECOND MOTION MADE AND SECOND AND ANY FURTHER DISCUSSION IF NOT ALL IN FAVOR PLEASE
SIGNIFY BY SAYING I. I OPPOSED MY MOTION CARRIES SIX ZERO. OKAY OKAY. I THINK WE READ OUR SCRIPT.
OKAY. SO HOLLY ARE YOU GOING TO GIVE US A COMMERCIAL NOTES TOOL OF KIT STATE PRESIDENT ERICKSON AND COMMISSIONERS THIS IS ACTUALLY THE LUKE SPONSIBLE SHOW TODAY SO HE'LL
BE BACK AGAIN. WE GET WE GET THESE NEW PEOPLE AND WE JUST TEN NO AND WHILE THIS FOR HERE I AM FOR A WHILE
TONIGHT WELL PLEASE PROCEED WELL I'M GOING TO GIVE MARK JUST A FEW SECONDS TO GET A SLIDE SHOW AND POWERPOINT UP THAT WE'VE PREPARED BUT JUST A QUICK OVERVIEW THE COMMERCIAL
NODES TOOLKIT PROJECT IS INTENDED TO KIND OF EVALUATE AND BRING SOME RESOURCES AND TOOLS AVAILABLE THAT WE CAN MAKE AVAILABLE TO SMALL BUSINESSES, PROPERTY OWNERS
AND ANY OTHER INTERESTED PARTIES TO HELP, YOU KNOW, KIND OF REVITALIZE AND UPDATE OUR COMMERCIAL NODES WHICH AS YOU'RE WELL AWARE KIND OF FACE SOME SOME CHALLENGES OVER THE
PAST DECADES AND WITH THE REVISED KIND OF JURISDICTION OF THE PORT AUTHORITY THAT CAME RECENTLY, WE'RE ABLE TO TAKE A A NEW REVISED APPROACH
HERE AND SO THIS IS REPRESENTED SORT OF AS A MID MID PROJECT UPDATE AND I'VE COLLECTED A HANDFUL OF CASE STUDIES AND SOME EXAMPLES OF WHAT WE HAVE BEEN DOING OR
POURED OUT SOME PROGRAMS THAT HAVE BEEN CREATED THROUGH THE BUSINESS ASSISTANCE TEAM PLANNING DEPARTMENT AND A HANDFUL OF OTHERS THAT HAVE ALL KIND OF HAPPENED IN THE BACKGROUND AND ON THEIR OWN. BUT HERE IT'S KIND OF REPORTED
ALL AS ONE FOR FOR REVIEW PURPOSES AND THEN AT THE END WE'LL ASK YOU FOR SOME QUESTIONS AND COMMENTS TO GUIDE STAFF WORK GOING FORWARD AND HELP US ACHIEVE KIND OF A
COMBINATION INTO AN ACTUAL TOOLKIT THAT WE CAN THEN PRESENT TO THE PUBLIC AND BE USED. AND LUKE JUST MAKING A COMMENT I MEAN I WAS IMPRESSED WITH YOUR THE PRESENTATION AND THE GRAPHICS AS YOU PUT IT IN HERE.
SO THAT'S WE'VE COME A LONG WAY FROM YEARS AGO. THANK YOU. YES WE HAVE A GREAT GRAPHICS TEAM THAT I'M ABLE TO RELY ON SO IT WAS NOT ME I CAN TELL
YOU THAT. ALL RIGHT. SO THE VISION FOR THE COMMERCIAL NOTES TOOLKIT IS PROVIDE A FRAMEWORK FOR STAFF, PROPERTY OWNERS AND BUSINESSES
TO MODERNIZE AND REDEVELOP COMMERCIAL NODES WHILE MINIMIZING DISPLACEMENT. OBVIOUSLY THAT'S A REALLY IMPORTANT KEY ASPECT TO THIS WORK. THE PURPOSE OF THE PRESENTATION TODAY IS TO SHARE THE REDEVELOPMENT STRATEGIES DOCUMENT THAT'S CREATIVE AND
THAT'S WHAT'S IN YOUR PACKET BEFORE YOU STAFF HAS CREATED THAT TO HIGHLIGHT WORK THAT HAS BEEN DONE TO DATE INCLUDING INCLUDING THE CREATION OF BUSINESS ASSISTANCE PROGRAMS, USE OF PUBLIC FUNDS AND SUCCESSFUL
GRANT AWARDS FROM OUR PARTNER AGENCIES TO BUSINESSES. THE PRESENTATION AND REPORT CONTAINS SOME CASE STUDIES INTENDED TO HIGHLIGHT BOTH THE SCALE AND BREADTH OF THIS PROJECT AND THE INVOLVEMENT
OF THE PORT AUTHORITY AND HOW WE ARE IMPACTING THAT WORK AND I'LL CONCLUDE BY ASKING FOR FEEDBACK AND DIRECTION. AS I MENTIONED I'M AS YOU'RE
AWARE MANY OF BLOOMINGTON'S COMMERCIAL NODES ARE TEND TO BE OLDER LOWER DENSITY STRUGGLING FROM SOME VACANCY ISSUES AT TIMES OFTEN LACKING AMENITIES, ESTHETICS AND VIBRANCY.
WHAT YOU SEE IN A MODERN COMMERCIAL CENTER. OPPORTUNITIES EXIST TO ADD HOUSING, GREEN SPACE AND ALTERNATIVE TRANSPORTATION OPTIONS TO BETTER MEET THE NEEDS OF THE COMMUNITY OVERALL
WE REALLY WANT TO ENSURE THE LONG TERM SUSTAINABILITY OF THESE NODES AS VIBRANT COMMERCIAL CENTERS.
ALL RIGHT. THE AND THE INTEREST IN IMPROVING THE CONDITION OF NEIGHBORHOOD COMMERCIAL NODES AS HIGHLIGHTED IN THE 2016 COMMERCIAL NEIGHBORHOOD STUDY WHICH DETERMINED LOCATIONS MOST IN NEED OF OF
EFFORTS. BUT ELEMENTS OF THIS PROJECT ARE ALSO INFORMED BY THE COMP PLAN THE LINDA LIFE RETROFIT PLAN BLOOMINGTON TO WORK TOGETHER AND THE ECONOMIC DEVELOPMENT STRATEGIC PLAN OR
DSP WHICH WAS COMPLETED EARLIER THIS YEAR THAT ESP GAVE US FIVE GOALS TO REFERENCE IN REGARDS TO THE COMMERCIAL NODES TOOL KIT
DEVELOP STRONG WORKING RELATIONSHIPS WITH PROPERTY OWNERS, LEVERAGE EXISTING PROGRAMS AND INITIATIVES TO SPUR DEVELOPMENTS IN THE COMMERCIAL NODES, ADVOCATE FOR ADDITIONAL POLICY CHANGES THAT
COULD INCREASE THE VIBRANCY OF THE BUILT ENVIRONMENT, ADD AND INCORPORATE PUBLIC SPACES AND GREEN SPACES ADJACENT TO COMMERCIAL NODES, MITIGATE BUSINESS DISPLACEMENT THROUGH SMALL BUSINESS OUTREACH. SO THESE ARE THE REALLY THE KEY ELEMENTS FROM FROM THAT
STRATEGIC PLAN THAT WE ARE LOOKING TO TO WORK ON . SO THE NODE LOCATIONS HIGHLIGHTED ON THE MAP HERE ON THIS SLIDE ARE ONCE AGAIN AS I
SAID, THIS WAS COMES DIRECTLY FROM THAT 2016 NEIGHBORHOOD COMMERCIAL STUDY. IT REALLY GUIDED OUR FOCUS TO THREE PRIMARY NODES AND IDENTIFIED A LOT OF FUTURE OPPORTUNITY IS BASED ON A CRITERION RATING MATRIX
COMPLETED IN THAT NEIGHBORHOOD STUDY WE'VE DONE QUITE A BIT IN RECENT YEARS A LOT OF OUTREACH PROPERTY ON OR LETTERS LET'S TALK BLOOMINGTON
PAGE ENGAGEMENT OF THE REAL ESTATE IN THE BROKER COMMUNITY AMONG OTHERS A FAIR AMOUNT OF BUSINESS ASSISTANCE WORK HAS BEEN DONE BY BARB AND HER TEAM. A NEW SITE AND FACADE IMPROVEMENT GRANTS, SEWER
ACCESS CHARGE FEE CREDITS AND DEFERRAL PROGRAMS. ON THE REAL ESTATE SIDE WE'VE USED TIFF WE'VE ASSISTED WITH GRANTS. CREATIVE PLACEMAKING HAS DONE A HANDFUL OF SITE ACTIVATIONS
AND OTHER YOU KNOW, MURALS AND OTHER YOU KNOW, ARTWORK RELATED EFFORTS TO REALLY BRING ABOUT THE VIBRANCY OF THESE AREAS AND THE PLANNING DEPARTMENT HAS DONE A HANDFUL OF ZONING CHANGES AND
HELPED CREATE A VISION MATRIX . SPEAKING OF THAT VISION MATRIX, THIS WAS WORK WITH THE PLANNING DEPARTMENT TO BE
ASSISTED TO HELP CREATE A VISION DOCUMENT WHICH OUTLINES SOME OF THE MORE QUALITATIVE ELEMENTS THAT MAKE A COMMERCIAL NODE SUCCESSFUL. THESE CHARACTERISTICS WERE CREATED WITH PUBLIC INPUT TO THE LET'S TALK BLOOMINGTON PAGE AND WAS ALSO MAILED OUT
TO ALL COMMERCIAL NODE PROPERTY OWNERS WITH A REQUEST FOR FEEDBACK. THESE CHARACTERISTICS FORM A VISION OF WHAT A SUCCESSFUL AND WELCOMING COMMERCIAL NODE COULD LOOK LIKE AND CAN BE USED BY STAFF IN PLANNING
CREATIVE PLACEMAKING ASSISTANCE AND OTHERS IN OUR FUTURE WORK. THE REDEVELOPMENT STRATEGIES DOCUMENT IN YOUR PACKET. I ALSO HAVE SOME GRAPHIC EXAMPLES I DIDN'T NECESSARILY
NEED TO TALK THROUGH HERE BUT JUST FOR YOUR REFERENCE DIVING A LITTLE BIT DEEPER INTO SOME OF THE SPECIFIC PROGRAM ADS THAT REALLY ARE TARGETED AT
COMMERCIAL NODES, THE BUSINESS ASSISTANCE PROGRAM AS INTRODUCED THE SITE AND FACADE IMPROVEMENT PROGRAM LAST YEAR THAT GIVES PROPERTY OWNERS UP TO $25,000 OR 50% OF TOTAL
PROJECT COST AWARDED TO THE BUSINESS FOR EXTERIOR IMPROVEMENTS TO THE BUILDING AND MAYBE A FEW OTHER THINGS. A VERY SUCCESSFUL YEAR IN 2024 SAW $223,000 AWARDED TO TEN
BUSINESSES AND THE PROGRAMS OPEN AGAIN FOR 2025 APPLICANTS. YOU KNOW IT'S EXCITING TO SEE THE IMPACT OF THAT AND I THINK IT'S IT GOES FAR BEYOND THE
223,000 BECAUSE YOU'RE JUST TELLING PEOPLE YOUR CARE AND GO LIKE TO VOLUNTEER EXCHANGE IN AQUARIA OPEN HOUSE THAT WAS I MEAN IT WAS REALLY JUST FUN TO SEE SO IT LEVERAGES A
SIGNIFICANT VERY SIGNIFICANT DOLLAR AMOUNT A SEWER ACCESS CHARGE PAYMENTS CAN BE GRANTED OR DEFERRED BASED ON NEED. NEARLY $50,000 WAS GRANTED TO SIX TOTAL BUSINESSES IN 2020 FOR AND FINALLY A LITTLE BIT
MORE ON THE PLANNING DEPARTMENT SIDE STATE SMALL BUSINESS CODES AND PROCESSES REVIEW WAS LED BY THE PLANNING DEPARTMENT WITH A GOAL OF REDUCING BARRIERS TO ENTRY THAT CERTAIN ZONING CODE PROVISIONS CAN CREATE.
A NUMBER OF TOPICS WERE ADDRESSED IN 2024 AND MORE ARE COMING IN 2025 AND THAT MAY BE ONE OF THE MOST IMPORTANT THINGS REALLY JUST TO AGAIN MAKE IT EASIER FOR PEOPLE TO
DO THESE THINGS. SO MR. LUNTZ YOU KNOW, CAN WE GET A LIST OF THEM? I'D LIKE TO KNOW JUST WHAT THE SIX AND FOR WHAT I MEAN I KNOW YOUR POPULOUS OBVIOUSLY, BUT SOME OF THE OTHER ONES I'M NOT
FAMILIAR WITH AND I THINK YOU GOT I THINK COMING UP YOU'VE GOT YOU'RE GOING TO SEE MORE OF THEM IN THIS PRESENTATION HERE. YEAH. PRESIDENT ERICKSON FIRST YEAR ONES WE HAVE SOME EXAMPLES HERE BUT CERTAINLY WE DON'T
HAVE ALL ALL TEN THAT RECEIVED SITE AND FACADE OR THE SIX BUT THAT'S SOMETHING I'M SURE HOLLY CAN CONSENT TO LONG BARB DOES HAVE THOSE CONTACT INFORMATION OH MOVING ALONG TO REDEVELOPMENT TOOLS THE PORT AUTHORITY HAS USED SEVERAL
TOOLS AS YOU KNOW, INCLUDING TAX INCREMENT FINANCING ASSISTANCE, ACHIEVING GRANTS FROM THIRD PARTIES AND WORKING THROUGH THAT PROCESS AND LAND BANKING TO DESIRE TO ACHIEVE DESIRED OUTCOMES.
WHILE SOME OPTIONS SUCH AS LAND BANKING MAY HAVE LIMITED USE IN THIS CASE GRANTS FROM PARTNERS INCLUDING MINNESOTA DEED AND HENNEPIN COUNTY AMONG MANY MANY OTHERS AS WELL AS TIFF DOLLARS HAVE BEEN USED
FOR RECENT PROJECTS SUCH AS THE PROPOSED EXPANSION THAT YOU'RE VERY FAMILIAR WITH . I'M SO IN AN EFFORT TO BETTER TARGET NEEDS AND UNDERSTAND
THE BROAD SCOPE OF ASSISTANCE PROVIDED STAFF HAS CREATED THIS MATRIX TO SHOW HOW THE VARIOUS TOOLS AND RESOURCES ARE USED TO TARGET THE OUTCOMES WE ENVISION FOUR CATEGORIES MOVING FROM LEFT TO RIGHT THAT'S THE SUPPORT
ENHANCER RENOVATE AND REDEVELOP CATEGORIES OR COLUMNS THOSE BREAK DOWN THE PROJECT SCOPE FROM A YOU KNOW MAYBE A SHORT TERM AND LOWER INVESTMENT PROJECT TYPE SUCH
AS A RIBBON CUTTING CEREMONY ASSISTANCE OR VERY LONG TERM AND HIGHLY CAPITAL INTENSIVE PROJECTS LIKE A FULL SCALE REDEVELOPMENT COST COMPLEXITY NUMBER OF STAKEHOLDERS AND
STAFF TIME ALL INCREASES WITH THAT LARGER PROJECT SCOPE AND LEVEL OF SUPPORT THAT THAT IS THEN REQUIRED. THIS IS INTENDED TO HELP ALIGN TOOLS WITH STRATEGIC GOALS BUT WE ALSO RECOGNIZE THIS IS THIS
CAN SHIFT AND EVOLVE OVER TIME AS AS TOOLS CHANGE AS NEEDS CHANGE. WE ARE VERY OPEN AND INTEND TO BE FLEXIBLE WITH THIS AND SO THIS IS NOT NECESSARILY 100%
RIGID. IMPORTANT TO NOTE THAT THE OPTIONS THAT EXIST TODAY THROUGH THE HARD WORK OF MANY, MANY PORT STAFF MEMBERS AND OTHERS IN SUPPORT OF ELECTED
OFFICIALS. SO WITH THAT I'M GOING TO WALK THROUGH FOUR CASE STUDIES, THREE OF WHICH ARE KIND OF SUCCESSFUL BLOOMINGTON EXAMPLES AND THEN ONE IS A REDEVELOPMENT PROJECT FROM A NEIGHBORING COMMUNITY THAT REALLY INTEND TO WALK THROUGH
THE SCALE OF WHAT WE ARE DOING OR ENVISION AS THE PORT AUTHORITY AND AS WE'RE GOING THROUGH THIS IT'S IMPORTANT TO THINK ABOUT AND JUST RECOGNIZE IN FUTURE DISCUSSIONS OF WHAT
IT WHAT IT TAKES IN TERMS OF THE STAFF TIME AND MONETARY COMMITMENT TO ACHIEVE MAYBE THE LARGER SCALE THINGS VERSUS SOME OF THE SMALLER SCALE ASSISTANCE PROJECTS MAYBE
SLIGHTLY LESS SO THE FIRST ONE HERE IS INTENDED TO BE KIND OF A LOW SCALE YOU KNOW LOW LOWER EFFORT AND INVOLVEMENT START A PROJECT BUT STILL REALLY, REALLY IMPORTANT VERY
IMPORTANT TO THE COMMUNITY. SO THIS IS WILDERNESS INQUIRY OFF OF 18TH STREET. THEY DID A GRAND OPENING CELEBRATION ON APRIL 2025. SO STAFF STAFF'S INVOLVEMENT THERE WAS REALLY JUST
PROVIDING RIBBON AND SCISSORS AND COORDINATING FOR THE MAYOR TO ATTEND AS WELL AS A HANDFUL OF CITY STAFF MEMBERS. YEAH, I'VE I'VE KNOWN ERICA RIVERS WHO IS THE CEO
OF WELLNESS INQUIRY FOR MANY, MANY YEARS. SHE WAS WITH THE DINNER AND I WORKED CLOSELY WITH HER WHEN I WAS TREASURER PARKS AND TRAIL AND SHE WAS JUST EFFUSIVE IN TERMS OF OF TALKING ABOUT
HOW MUCH SUPPORT SHE'D GOTTEN FROM THE PORT AUTHORITY AND EVERYBODY. SO I MEAN IT WAS REALLY NICE FEEDBACK TO HEAR. HMM. THANK YOU. YEAH. AND WHILE THERE ISN'T NECESSARILY A DOLLAR AMOUNT
OF THE INVOLVEMENT THAT THE PORT AUTHORITY HAD HERE, YOU KNOW RECOGNIZING THAT THAT STAFF TIME DOES DOES CONTRIBUTE TO THE COST HERE JUST NOT NECESSARILY CALLED OUT SEPARATELY AS YOU'LL SEE IN SOME OF THE OTHER EXAMPLES
I'M MOVING ON MAYBE TAKING IT ONE STEP ABOVE WE NOW HAVE THE YOU KNOW, ENHANCED TYPE OF PROJECT. SO FOR EXAMPLE THE GRAY BARK HUSKY GROUP THERE AT 9818
NICOLLET AVE SOUTH THAT WAS AN OLD DRY CLEANING SPACE WHICH WAS ACTUALLY CONVERTED TO AN OFFICE. IT'S REALLY BEAUTIFUL IF YOU'VE HAPPENED TO DRIVE BY THAT WAS A FULL EXTERIOR REMODEL NEW WINDOWS, DOORS
LIGHTING AND SOME SOME LIGHT WORK TO THE PARKING LOT I BELIEVE. AND SO SOMETHING LIKE THAT TOOK ABOUT FIVE MONTHS FROM START TO FINISH AND THEY RECEIVED A SITE AND FACADE IMPROVEMENT GRANT FOR THE FULL
ALLOWABLE AMOUNT OF $24,999 WHICH YOU KNOW IS PRETTY IS A CERTAINLY SIGNIFICANT IN TERMS OF THE PROJECT BUT IT'S IT'S STILL A HALF $1 MILLION PROJECT AND SO JUST FOR FOR EXAMPLE THERE THE PUBLIC
ASSISTANCE IS ABOUT 5% OF THAT PROJECT AND THEN I'LL JUST SOME QUICK BEFORE AND AFTER EXAMPLES REALLY REALLY SHOW YOU EXACTLY EXACTLY THE LEVEL OF IMPROVEMENT THAT'S DOWN HERE.
HERE'S TRANSFER IT'S IMPRESSIVE . ONE MORE STEP UP IN TERMS OF YOU KNOW, THE COMPLEXITY AND SCOPE OF THE PROJECT HERE WE HAVE THE ACROPOLIS RESTAURANT.
I'M SURE YOU'RE ALL ALL WELL AWARE THIS IS AN EXISTING RESTAURANT SPACE THAT WAS RENOVATED AND COMBINED WITH AN OLD GAS STATION ON THE CORNER
THERE AND THAT EXPANSION AND COMPLETE REMODEL OF THE RESTAURANT ALSO INCLUDED SOME ENVIRONMENTAL CLEANUP AND REALLY A FULL COMPLETELY NEW SITE CONFIGURATION INCLUDING STORMWATER, SOME NEW EXTERIOR
SPACE DINING SPACE, THE RESTAURANT NEW PARKING LOT ETC. THAT WAS APPROXIMATELY FOUR YEARS FROM START TO FINISH. SO YOU KNOW YOU CAN SEE HOW THE TIMELINE GROWS PRETTY SIGNIFICANTLY EVEN JUST MOVING TO A SLIGHTLY LARGER SCALE
BIGGER PALACE RESTAURANT DID RECEIVE A SITE AND FACADE IMPROVEMENT GRANT AGAIN FOR THE MAXIMUM AMOUNT 2420 $4,999 ALSO RECEIVED A CREDIT
OF NEARLY 15,000 AND ALSO WE GAVE TAX INCREMENT FINANCING FOR ABOUT 329,000. THEY ALSO IN ADDITION RECEIVED A GRANT FROM MINNESOTA, DID SO
AGAIN AND IF YOU GO RIGHT ACROSS THE STREET THERE FOR THAT MIRROR PEER GALLERY GALLERY THERE WAS ANOTHER SITUATION WHERE THE CITY I THINK HAD SUBSTANTIAL INVOLVEMENT IN MAKING THAT HAPPEN.
I THINK IT'S ANOTHER OLD SERVICE STATION AND THEY PUT A SECOND STORY ON AND AGAIN IT'S MADE YOU KNOW THAT INTERSECTION HAS MADE A HUGE DIFFERENCE SO YEAH AND ONCE AGAIN I'LL NOTE, YOU KNOW
PUBLIC ASSISTANCE AS PART OF THAT TOTAL PROJECT IS SIGNIFICANTLY MORE THAN THAN WHAT WE'VE SEEN ON THE PRIOR PROJECTS ONCE AGAIN A GREAT BEFORE AND AFTER BIG IMPROVEMENT TO THAT
INTERSECTION REALLY VALUABLE PROJECT TO THE COMMUNITY . ALL RIGHT. MOVING ON TO A FULL REDEVELOPMENT PROPOSAL. THIS IS SOMETHING WE DON'T NECESSARILY HAVE A COROLLARY
HERE IN BLOOMINGTON YET BUT ST LOUIS PARK HAD DONE IT PRETTY SUCCESSFULLY. I THINK MANY OF YOU CAN AGREE SOME YEARS AGO TOOK A FEW BLOCKS OF BLIGHTED SINGLE STORY PROPERTIES AND CONVERTED
THOSE TO HIGH DENSITY MIXED USE DEVELOPMENTS WITH A HANDFUL OF GREAT SMALL AND LARGE LARGER BUSINESSES SOME EXCELLENT GREEN SPACE AND LOVELY WALKABILITY ON THE STREETS ABOUT 86,000FT
OF RETAIL SPACE THREE OVER 300 APARTMENTS AND 334 SALE UNITS. SO YOU KNOW A PRETTY SIGNIFICANT CHANGE FROM FROM WHAT WAS THERE PRIOR. THIS TAKES YOU KNOW FOR THEM
APPROXIMATELY 12 YEARS FROM START TO FINISH SO PLEASED ABOUT 2007 IT'S BEEN A HANDFUL OF YEARS AND IT STILL LOOKS GREAT BUT YOU KNOW ONCE AGAIN LOOKING AT THE PROJECT COST,
THESE NUMBERS I WILL POINT OUT OUR IS CALCULATED INFLATION UP TO $2,024 FROM 2007 SO SHOULD BE SOMEWHAT REPRESENTATIVE
OF WHAT YOU WOULD SEE YOU KNOW APPROXIMATELY LAST YEAR OBVIOUSLY GROWING A LITTLE BIT MORE THIS YEAR WITH WITH HOW INFLATION HAS BEEN BUT SOME SIGNIFICANT DOLLAR AMOUNTS THAT IT REQUIRES TO DO A PROJECT OF THAT SCALE BUT YOU KNOW UTILIZING SOME OF THE
SAME THINGS WE'VE SEEN FOR OTHER PROJECTS GRANTS TAX INCREMENT FINANCING DEED WAS INVOLVED IN THIS PROJECT AS WELL AND A SIMILAR PUBLIC ASSISTANCE PERCENTAGE IN TERMS
OF THE OVERALL PROJECT. THANK YOU MR. PRESIDENT. THAT SURPRISES ME BECAUSE I WAS ALWAYS UNDER THE IMPRESSION THAT THE PUBLIC ASSISTANCE PIECE WAS MUCH HIGHER IN THIS PROJECT ESPECIALLY OVER THE COURSE
OF 12 YEARS AND IT WAS ALWAYS KIND OF THE JUSTIFIED JUSTIFICATIONS WHY IT COULDN'T HAPPEN ANYWHERE ELSE BECAUSE OF THE HUGE PUBLIC INVESTMENT BUT TO SEE THAT IT'S KIND OF ON PAR WITH FROM A
PERCENTAGE STANDPOINT FROM WITH THE OTHER EXAMPLES THAT WE'VE SEEN IT'S KIND OF EYE OPENING TO ME. SO IT'S IT'S GOOD TO KNOW CERTAINLY YEAH. PRESIDENT ERICKSON FOR SURE BUT SEE YOU KNOW SOMETHING ELSE TO POINT OUT HERE IT
DEPENDS ON EXACTLY HOW THESE NUMBERS ARE. BUT YOU KNOW, THERE'S PROBABLY A SIGNIFICANT STAFF TIME IN HERE AS WELL THAT MAYBE ISN'T ISN'T CALCULATED IN THE DOLLAR AMOUNT YOU KNOW, OVER 12 YEARS. I KNOW THEY WENT THROUGH A FEW MORE THAN ONE DEVELOPER AND
SOME OTHER CHALLENGES FACED ALONG THE WAY SO WELL YOU KNOW AND LOOK FOR THAT AND AND CREW AND CLEARED THE STREET IMPROVEMENTS AND THINGS BECAUSE THERE WAS QUITE A BIT OF WORK PUT IN THERE THAT WASN'T DIRECTLY IN THE
BUILDINGS AND THINGS RIGHT AROUND THAT AREA TO PRESIDENT ERICKSON I DO BELIEVE THAT INVOLVED STREET WORK. I THINK LARGELY THE TIFF WAS WAS PAYING FOR THAT THAT STREET IMPROVEMENT.
WE LIVED RIGHT IN THAT AREA WHEN WE WERE FIRST MARRIED AND LONG TIME AGO YEAH OF COURSE THE BIGGEST COST THERE WAS THE LOSS OF GIFFORDS. >> JUST TO BE CLEAR. YEAH.
SO HARD HARD TO GET A GOOD PICTURE OF THE BEFORE SINCE I WAS MANY MANY YEARS AGO BUT NONETHELESS I'M SURE YOU CAN UNDERSTAND IF YOU'VE WALKED THAT AREA RECENTLY WHAT'S THERE NOW IS A VAST
IMPROVEMENT OVER WHATEVER ELSE WAS THERE PRIOR. SO LOOK, IT WOULD BE INTERESTING ON THAT HOW WOULD THE CITY OF ST LOUIS PARKS APPROACH TO THAT COMPARED TO
WHAT WE DID IN SOUTH LITTLE FOR EXAMPLE WHERE WE HAVE THE THE MIXED USE DEVELOPMENT DO THEY HAVE SOMETHING SIMILAR TO THAT? I MEAN IT SEEMS TO ME THAT THAT THE MIX THAT YOU'RE TALKING ABOUT AND ST LOUIS
PARK IS A LOT OF RESIDENTIAL AND 86,000FT OF RETAIL SPACE WHICH IS NOT HUGE YOU KNOW IT'S THAT SO I DON'T KNOW IF WE HAVE ANY COMPARISONS IT
WOULD BE INTERESTING TO TO UNDERSTAND HOW THEY APPROACH THAT FROM A DEVELOPMENT STANDPOINT AND AND HOW IT COMPARES TO OUR MIXED USE DEVELOPMENT AND THINGS. YEAH.
PRESIDENT ERICKSON THAT'S AN EXCELLENT QUESTION. YEAH, I'M NOT SURE I'M NOT EXACTLY SURE WE HAVE WHAT OUR KIND OF BEST EXAMPLE IS AND AND WHAT'S CHANGED YOU KNOW VERSUS 27 SORRY 27 VERSUS
TODAY IN TERMS OF WHAT THE MARKET IS DEMANDING IN TERMS OF TYPES OF RESIDENTIAL AND EXACTLY WHAT THEY WHAT THE NEEDS ARE FOR COMMERCIAL BUT BEING A PRETTY HEAVILY USED MAIN STREET I'M SURE
INFLUENCED THE DECISION FOR SOME THINGS TO PUT THERE AND ACCESS TO PUBLIC TRANSIT AND SOME BUSINESS HAVING MAIN STREET AND I'VE GOT SOME PROPERTIES AND FINANCE RIGHT AROUND THERE AND PART OF THAT
BUT YOU KNOW THAT CERTAINLY THAT THAT BIG EAST WEST THOROUGHFARE FROM DOWNTOWN AND OUT WAS A BIG THING AND THEN STARBUCKS IS A HUGE DROP IN THAT AREA TOO BUT THEIR
PARKING IS HARD STILL. IT'S NOT AN EASY PLACE TO PARK . THAT'S RIGHT. SO THAT'S LACKING BUT IT'S A MORE WALKABLE THING. SO THERE'S A LOT OF ADVANTAGES BUT NOT SO YEAH RUN AND GET A
QUICK STARBUCKS. THAT'S NOT YOUR PLACE FOR THE PEOPLE AROUND THERE AND THE BUSINESSES AND THE RETAILERS RIGHT AROUND IT'S WONDERFUL. >> YEAH. PRESIDENT NIXON COMMISSIONER HUNT YEAH I KNOW I, I TEND TO AGREE BUT I THINK THERE'S THE
TRADE OFFS BETWEEN MAKING IT TRULY WALKABLE AND AND THE REALITIES OF PARKING IN THE SPACE THAT THAT REQUIRES. SO YEAH WELL I THINK THE QUESTION THAT WE HAVE TO
ANSWER AS A COMMISSION IS STAFF IS WHAT KIND OF THINGS AND WHAT IS THE MAGNITUDE OF THINGS WE REALLY CAN DO. I MEAN AGAIN WE KNOW WITH
SOUTH LOOP WAS VERY SPECIFIC AND IN DEVELOPING A LOT OF THOSE THINGS AND IT'S BEEN DRIVEN BY THEM ALL BUT THEN ALSO BY BLOOMINGTON CENTRAL STATION BUT IF WE WERE GOING TO APPLY THAT TO OTHER AREAS, PICK ANOTHER AREA
IN BLOOMINGTON WHAT IS OUR RANGE OF TOOLS? I MEAN WE'VE GOT TAX INCREMENT, WE'VE GOT SOME OTHER THINGS BUT IT'S REALLY PUTTING THOSE THINGS TOGETHER TO LOOK AT A PROJECT OF THAT SCALE.
I MEAN THAT'S BIG AND OBVIOUSLY IT'S NOT A HUGE LONG TERM DIFFERENCE, RIGHT? YEAH. THANK YOU PRESIDENT ERICKSON. SO THAT GENERALLY CONCLUDES MY PRESENTATION. WE DO HAVE SOME DISCUSSION
QUESTIONS THAT I HAVE. I'M NOT GOING TO READ THROUGH ALL OF THEM BUT HAPPY TO TAKE ANY ANY DIRECTION AND FEEDBACK AS WE, YOU KNOW, MOVE THIS PROJECT FORWARD CERTAINLY LOOKING TO YOU FOR FOR ANY
INPUT QUESTIONS, COMMENTS OR MR. NELSON YEAH THANK YOU PRESIDENT POE AND MORE COMMENTS AND QUESTIONS I'D
FIRST I THINK YOU DID A REALLY NICE JOB WITH THIS AND IT'S IT'S GREAT TO SEE THE PROGRESS OF THE CITY AND THE FOCUS ON THESE COMMERCIAL NODES AND YOU KNOW WE'VE HAD SOME SUCCESS
IN SOME AREAS NOT AS MUCH SUCCESS IN OTHER AREAS. ONE OF THE AREAS THAT I'VE BEEN NOT PHYSICAL AREAS BUT JUST GENERALLY DISAPPOINTED
IN IS WE HAVE SEEN REDEVELOPMENT IN SOME OF THESE BUT NOT IN TERMS OF THE VISION OF THE MIXED USE YOUR APPLE IS IS GREAT.
I DO BELIEVE IT WAS A GOOD PROJECT THAT I SUPPORTED IT BUT I ALSO REMEMBER ONE OF THE PLANNING COMMISSION MEMBERS VOTED AGAINST IT BECAUSE DIDN'T FEEL IT MET THE VISION
OF THAT AREA, DIDN'T HAVE THE MIXED USE COMPONENT. IT WAS LARGELY A EXPANDED EXISTING CONCEPT ON ONE LEVEL.
SIMILARLY WE'VE SEEN THAT OTHER PLACES AGAIN ANOTHER PLACE I SUPPORT EIGHT MY PIZZA I BELIEVE IS GOING IN AND COUNTRYSIDE WHICH I KNOW IS ONE OF THESE WILL BE GREAT MUCH BETTER THAN THE
CONVENIENCE GAS STATION STORE THAT HAS BEEN THERE IN VARIOUS ITERATIONS OVER TIME. BUT YOU KNOW WHAT IS IT REALLY GOING TO TAKE TO SORT
OF JUMPSTART SOME OF THESE TO GET MORE INTO THAT MIXED USE TYPE OF OPPORTUNITY FOR US ALSO I WILL TELL YOU JUST CANDIDLY THAT WHEN YOU GET
INTO THAT IF WE IF WE CAN WHICH I WOULD LIKE TO GUARANTEE YOU NEIGHBORS WILL COME OUT AND THEY WILL NOT BE FULLY SUPPORTIVE PARTICULARLY
THOSE MOST DIRECTLY IMPACTED BY THAT. WE SAW THAT AT FRANCE AND OLD SHOCK CAPI WITH 108 PLACE WHERE WE ADDED RESIDENTIAL TO IT AND THAT'S ACTUALLY AN AREA
THAT HAS NOW BECAUSE THAT RESIDENTIAL SORT OF QUASI DONE MIXED USE BUT I DON'T THINK IT'S I DON'T THINK IT'S FULLY IN TERMS OF THE WAY THAT PEOPLE THINK OF MIXED USE
WHERE YOU GOT RETAIL WITH SOME TYPE OF RESIDENTIAL ABOVE IT. SO I AGAIN I THINK IS A GOOD VISION. I I'M JUST WONDERING HOW WE ACTUALLY GET TO DOING WHAT
WE'VE TALKED ABOUT DOING IN THOSE COMMERCIAL NODES. SO YES, I CAN ANSWER THAT I REGRET HOW CAN I SAY PRESIDENT ERICKSON COMMISSIONER NELSON
YEAH, I KNOW THAT THIS IS THE CHALLENGE THAT THAT WE ARE TRYING TO SOLVE HERE AND YEAH, IT'S TRICKY THE DEVELOPMENT MARKET AS IT IS RIGHT NOW YOU KNOW HARD TO HARD TO BRING SOMEBODY IN AND MAKE SOMETHING
PENCIL AND MAYBE OUR OTHER OPTION IS AS WHAT YOU'VE SEEN MAYBE THE HRA DO YEARS AGO AT SOME OF THESE OTHER INTERSECTION JUST YOU KNOW YOU DO IT YOURSELF BUT THAT'S A PRETTY SIGNIFICANT AMOUNT OF RESOURCES REQUIRED ON OUR END TO DO THAT. SO YEAH I WISH I HAD THE
ANSWER THERE. WELL ONE OF THE THINGS AND I'M PROBABLY A BROKEN RECORD ON THIS BECAUSE WE LOOK AT BLOOMINGTON OVER 30% PARK LAND. WE HAVE THIS HUGE NINE MILE
CREEK AREA THAT RUNS THROUGH AND IF YOU HAVE PARKS YOU CAN HAVE HIGHER DENSITY ADJACENT TO THEM AND IT WORKS BECAUSE PEOPLE HAVE AN AREA TO RECREATION AND THINGS LIKE
THAT. SO IT WOULD BE INTERESTING TO TO TO LOOK AT SOME OF THESE THINGS AND REALLY TRY TO TO BLEND TOGETHER THE TREMENDOUS
RESOURCES BLOOMINGTON HAS IN TERMS OF PARKLANDS AND THINGS AND LOOK AT THAT AS PERHAPS A CATALYST FOR FUTURE OTHER DEVELOPMENT YOU KNOW
GOING BACK TO THE THE ORIGINAL SOUTH LOOP SITE I REMEMBER GOING WITH JIM LINDAHL OUT OF C THE BLOOMINGTON OR THE BLOOMINGTON INNER HARBOR PROJECT AND WE LOOKED AT THAT
AS MAYBE BEING A POTENTIAL AND THEN JUST LOOKING AT IT BUT ALSO JUST LOOKING AT THAT AREA AS IS BEING A WONDERFUL PLACE FOR HOUSING AND THINGS BECAUSE OF THE ADJACENCY TO THE
MINNESOTA RIVER VALLEY AND THINGS AND SO WE'VE GOT THAT IN A NUMBER OF AREAS AND I DON'T KNOW THAT FROM A DEVELOPMENT STANDPOINT WE REALLY HAVE LOOKED AT AT THIS ASSET THAT WE HAVE
IN BLOOMINGTON AND THE CAPABILITY THAT IT GIVES US TO DO THINGS. SO IT'S SOMETHING THAT I THINK IS WE LOOK AT THESE THINGS WE NEED TO THINK ABOUT THAT AND
YOU KNOW AS MANY OF US THINK ABOUT PERHAPS VACATING OUR OUR LARGER HOMES AND MOVE TO SOMETHING THAT'S A LITTLE SMALLER BECAUSE WE CAN'T QUITE MANAGE IT OR A SPOUSE CAN'T QUITE MANAGE IT ANYMORE.
AGAIN, THOSE KINDS OF THINGS CAN BE DONE AND DONE IN CONJUNCTION WITH DEVELOPMENT OF COMMERCIAL NODES. AND I MEAN THE OTHER THING THAT WE GET INTO OH MY WIFE
AND I PROBABLY GO TO 50TH IN FRANCE AREA 2 OR 3 TIMES A WEEK FOR RESTAURANTS AND YOU KNOW WE'VE GOT A LOT OF PEOPLE
IN WEST BLOOMINGTON THAT IN PARTICULAR DO THAT AND SO WE'VE GOT GOOD ADJACENCY. IT'S EASY TO GET THERE BECAUSE OF THE FREEWAY SYSTEM AND
THINGS BUT WE'VE HAD SOME KIND OF ATTEMPTS WE'VE HAD KINCAID'S FOR YEARS AND THE NORMAN LAKE OFFICE PER SE AND THERE'S BEEN A COUPLE OF OTHER RESTAURANTS THAT HAVE TRIED YOU KNOW, I DON'T KNOW IF THAT
WAS AS GOOD A LOCATION IN ONE SENSE BECAUSE IT'S IT'S NOT REALLY EASY AND THEY'RE KIND OF DISJOINTED. BUT YOU KNOW, WE HAVE A DENSITY OF RESTAURANTS AS WELL. WE DON'T HAVE YEAH.
SO I THINK IT'S SOMETHING THAT IS AS WE LOOK WE REALLY NEED TO JUST THINK ABOUT WHAT WE HAVE THE RESTAURANT AND YOU'RE RIGHT IS ONE OF THOSE THAT
I'VE BEEN LOOKING FOR THAT VARIOUS REASONS FOR LOOKING HERE THERE'S NOT A LOT OF SPACES IN THERE RIGHT. I FORGET BUT YOU KNOW UP NORTH OF THAT NORTHERN QUADRANT
THERE ARE SOME BUT THEY'RE THEY'RE DISJOINTED AWAY SO YOU'RE KIND OF COMPELLED TO DRIVE NORTH ON FRANCE AND TO THE OTHER SIDE OF THE FREEWAY WHICH IS EASY DRIVE FOR A LOT OF US AND IT HAS BEEN BUT
THAT'S NOT YOU KNOW, THERE'S NOT ENOUGH THERE. SO YOU'RE LOOKING AT OTHER SPOTS IN BLOOMINGTON THAT E YOU KNOW AGING THAT DON'T HAVE, YOU KNOW, ANY DINERS
DONE A VERY GOOD JOB OF THAT ALONG CENTENNIAL LAKES AND IT'S A WONDERFUL AREA AND A LOT OF WALKABILITY AND NICE PLOTS AND YOU MENTIONED FRANCE AND OLD SHAKOPEE AND IT IS
IT'S IT'S BUT IT'S A WHOLE LOT BETTER THAN IT WAS. OH, TREMENDOUSLY. BUT IT'S STILL THAT WE'RE FORECASTING I YEAH THERE WERE
THERE WERE THERE WERE AND IT'S JUST ANXIOUS TO SEE A 90 AND LYNDALE WHEN THAT'S DONE BUT AGAIN THAT'S NOT ONLY ONE OF THESE VIBRANT THINGS LIKE
SOME OTHER AREAS ARE AND I DID COMMISSIONER SORRY PRESIDENT ERICKSON COMMISSIONER HI I'M COMMISSIONER NELSON ALL OF YOU. I DID WANT TO ALSO RESPOND TO THE ORIGINAL QUESTION WHICH IS PARTIALLY WHY WE'RE HERE TODAY
IS IS TO GET YOU THINKING ABOUT THE SCALE AND THE COST OF THESE DIFFERENT INTERVENTIONS. SO WE DO WANT YOU TO UNDERSTAND THAT IF WE CHOOSE TO MOVE IN THE IN THE
REDEVELOPMENT DIRECTION, THAT IS GOING TO BE A LONGER TERM STRATEGY. AND SO WE WANT TO MAKE SURE THAT WE HAVE THESE SHORTER TERM STRATEGIES IN OUR TOOLKIT AS WELL BECAUSE IMPROVING A
BUILDING THAT IS LACKLUSTER IS STILL A VALUABLE THING FOR THE NEIGHBORHOOD AND FOR PROPERTY VALUES. BUT IF WE IF WHAT WE'RE HEARING FROM YOU IS THE DIRECTION IS WE WANT TO SEE
REDEVELOPMENT DOWN THE LINE, THERE ARE THINGS WE'RE GOING TO BE COMING IN TO TALK TO YOU ABOUT OVER THE COURSE OF THE NEXT YEAR OR TWO WHICH INCLUDE WE'VE ALREADY STARTED BUILDING FUNDS FOR STRATEGIC ACQUISITIONS.
WE MAY NEED TO BUILD MORE FUNDS BECAUSE 300,000 A YEAR ISN'T GOING TO GO VERY FAR. WE WILL BE COMING TO TALK TO YOU ABOUT OUR TIFF MANAGEMENT PLAN WHERE WE'LL ACTUALLY LOOK
AT ALL OF THE DIFFERENT TIFF DISTRICTS ACROSS THE CITY, LOOK AT POOLING, LOOK AT DIFFERENT OPPORTUNITIES TO TRY AND USE SOME OF THOSE RESOURCES DIFFERENTLY THAN WE HAVE. AND THEN THE OTHER THING THAT
WE DIDN'T ADDRESS HERE AND THAT'S ON US WE NEED TO ADD THIS TO FUTURE PRESENTATIONS IS THE IMPORTANCE OF US BUILDING RELATIONSHIPS WITH THE DEVELOPMENT COMMUNITY. I THINK SOME OF YOU ATTENDED THE BROKER BREAKFAST.
WE'VE GONE TO ICC. WE GO TO THEM IN CAR EXPO IT'S IN THE CITY'S NOT GOING TO DO ALL OF THIS ITSELF. IT'S VERY IMPORTANT THAT WE HAVE THOSE RELATIONSHIPS AND THAT THE DEVELOPMENT COMMUNITY
UNDERSTANDS THAT WE ARE WILLING TO MATCHMAKE WITH PROPERTY OWNERS AND INTERESTED DEVELOPERS THAT WE ARE WE HAVE THESE TOOLS AVAILABLE TO US AND THAT WE'RE WILLING TO WORK WITH THEM AND WE'RE A BUSINESS
FRIENDLY ENVIRONMENT. AND SO YOU KNOW THINKING TO WHAT HAPPENED IN BLOOMINGTON CENTRAL STATION THERE'S A LOT OF VISION FROM THE CITY BUT ULTIMATELY WE NEEDED MCGUFF TO BE DRIVING A LOT OF THAT DEVELOPMENT WORK.
SO WE WILL NEED TO FIND THE RIGHT DEVELOPER DEVELOPMENT PARTNERS FOR EACH NODE AS WE GO. WELL HOW I THINK IS IS SO
IMPORTANT JUST EMPHASIZE HOW IMPORTANT IT IS TO DO THE BASE HITS AS WE CAN TALK ABOUT THESE JARABLUS AND AND THE OTHER ONES AND REALLY LET THE SMALLER BUSINESSES KNOW THAT WE CARE ABOUT THEM IS I THINK
THAT'S AN ELEMENT THAT WAS PROBABLY LACKING FOR MANY YEARS. WE JUST YOU KNOW, WE WERE FOCUSED ON THAT ESPECIALLY WITH SOUTH LOOP. I MEAN AGAIN SO AGAIN I THINK
THE FOCUSING AND LOOKING AT THESE THINGS AND TELLING PEOPLE WE WANT THEM AND WE WANT TO DEAL WITH THEM ETC. IS IS IMPORTANT BUT AGAIN IT IS JUST A MATTER I THINK WE CAN'T
BE AFRAID TO DREAM BIG AND I THINK IF WE THINK ABOUT THESE THINGS AND LOOK AT WHAT CAN BE DONE THEN SOMETIMES YOU CAN MAKE THEM HAPPEN AND AGAIN THAT WAS VERY MUCH WHAT
HAPPENED WITH THE WHOLE SOUTH NORTH THING UMPTEEN YEARS AGO WHEN JIM LINDER SAID IT'S AN OPPORTUNITY AND WE CAN TAKE AND DO SOME THINGS WITH IT AND
IT'S PAID HUGE DIVIDENDS TO THE CITY SO OTHER QUESTIONS COMMENTS FOR LOOK OVER THANK YOU. THANK YOU VERY MUCH.
PROBABLY PRESENT DISCUSSION WE'LL PROBABLY HAVE YOU BACK AGAIN TO HEY BOB, I GOT TO SAY ONE MORE THING THAT I DIDN'T THINK ABOUT AND I THINK THE WITH WITH THE KIND OF CHANGES IN OUR ROLL AROUND KIND
OF REDEVELOPMENT I THINK IT'S INTERESTING TO KIND OF THINK ABOUT AND I DON'T I DON'T KNOW THAT WE HAVEN'T ANSWERED THIS QUESTION BUT I THINK IT'S A TOPIC FOR US TO THINK ABOUT IS THAT THAT HOW DO WE HOW DO WE
THINK OF OUR ROLE VERSUS THE PLANNING COMMISSION'S ROLE AND THE PLANNING COMMISSION SO WE'RE ALL AROUND THE CAR PLAN AND STUFF LIKE THAT AND I LOOK AROUND HERE AND I SEE PEOPLE WHO WERE REALLY INVOLVED IN THE PLANNING COMMISSION BUT
THERE'S WE'RE CLEARLY GOING TO HAVE TO MAKE SOME DECISIONS TOGETHER WHERE WE'RE NOT GOING ABLE TO DO EVERYTHING AND THAT'S PART OF THIS CONVERSATION WE JUST BEEN
HAVING IS THAT CAN'T DO EVERYTHING, CAN'T DO EVERYTHING SORT OF THING AND WE HAVE TO HAVE ACCOMMODATION AS AS BOB SAID OF HAVING SOME BASE HITS AND TRYING TO GO FOR SOME BIG THINGS TO DO.
I THINK ONE OF THE THINGS THAT I THINK ABOUT A LITTLE BIT IS DO WE NEED TO STEP BACK AND MAYBE FROM A PLANNING PERSPECTIVE BE JUST A TINY BIT MORE FOCUSED AND HAVING A
LITTLE BIT A LITTLE BIT NARROWER FOCUS SO THAT MORE OF OUR ENERGY GOES INTO A SMALLER NUMBER OF AREAS WHERE TO INCREASE THE CHANCE OF SUCCESS IN THAT AREA. AND SO I DON'T HAVE AN ANSWER
ON THAT. IT'S JUST IT'S A IT'S AN IDEA THAT'S BEEN KIND OF PERCOLATING AND WE REALLY DON'T HAVE A STRONG RELATIONSHIP WITH THE PLANNING COMMISSION AROUND THE LONG RANGE PLANNING PART AND I THINK THERE'S A THERE'S AN
OPPORTUNITY THERE AS WE GET MORE INTO THIS TO START BUILDING RELATIONSHIPS THERE AND BUILD A LITTLE BIT MORE OF A CONSENSUS BETWEEN THE TWO GROUPS ON WHAT WHAT OUGHT TO
BE FOCUSED ON. WELL, I THINK I THINK FOCUSING ON THESE THINGS IS CRITICAL AND WHEN WE START TALKING ABOUT PLANNING, IT'S IT'S IRONIC.
NICK JOHNSON IS THE SON OF A PERSON WHO WORKED FOR ME AT THE UNIVERSITY OF MINNESOTA'S SUMMER CAMP AND WE ACTUALLY PUT IN MASTER PLANNING WHEN I WAS SENIOR VP AT THE UNIVERSITY AND WORKED CLOSELY
WITH SUE ON IT AND IT WAS VERY EFFECTIVE BECAUSE IT DID EXACTLY WHAT YOU'RE TALKING ABOUT DOING, STEVE AND THAT IS TO TAKE AND FOCUS ON SOME OF THE AREAS WHAT YOU COULD DO AND AND THINGS LIKE THAT.
SO AGAIN I THINK WE WE HAVE AN OPPORTUNITY TO TO COORDINATE WORK WITH PLANNING WHATEVER BUT AGAIN IT'S EXCITING TO
THINK WHAT WE CAN DO AND I THINK TOO OFTEN PEOPLE TAKE AND SAY THEY CAN'T DO SOMETHING WITHOUT REALLY LOOKING AT IT AND AGAIN THAT'S WHERE I JUST LOOK AT THIS
PARKLAND THAT WE HAVE WHICH IS ONE OF THE BIGGEST RESOURCES THAT WE HAVE AND IT'S REALLY NOT ACCESSIBLE AND NOT USED IN TERMS OF OUR DEVELOPMENT TO A SIGNIFICANT DEGREE. SO YOU STILL COMMENT THAT MY
MY DAUGHTER LIVES IN ATLANTA. SHE LIVES A HALF BLOCK OFF PIEDMONT PARK PIEDMONT PARK BIG IT'S LIKE ATLANTA CENTRAL PARK. IT'S NOT AS BIG AS CENTRAL PARK WHICH YOU WALK IN THE
MAIN ENTRANCE TO PIEDMONT PARK STONE PILLARS UP THERE'S A BAR AND RESTAURANT INSIDE THE PARK ON THE PARK LOT. IF YOU GO TO THE SOUTHEAST CORNER THERE'S PIEDMONT PARK,
THERE'S ANOTHER ONE AND I MEAN THE PLACE JUST BUZZES BECAUSE IT'S THERE'S OTHER STUFF TO DO BESIDES JUST GO IN THERE AND WALK, GO TO THE DOG PARK. THEY HAVE HUGE PLAYING FIELDS
AND ALL THAT BUT THERE'S A COMMERCIAL ASPECT RIGHT IN THE PARK AND IT'S GOT TO BE THE ONE RIGHT SO THE GATES GOT TO BE ON CITY LAND THE OTHER ONE IS IT RIGHT ON THE CORNER OF THE PARK.
BUT I MEAN I'M JUST I JUST YOU KNOW, I LOOK AT BUSH LAKE AND I WELL, YOU KNOW, YOU COULD YOU KNOW, THE PICNIC, THE
BATHHOUSES, EVERYTHING THERE ARE NO HOUSES AROUND THERE. IF YOU HAD A BAR IN A RESTAURANT IT'S RIGHT ON THE LAKE. I MEAN THERE ARE NO HOUSES THERE. IT'S REALLY GOING TO AFFECT I DON'T THINK YOU'RE GOING TO GET A RESIDENTIAL KICKBACK.
YOU'RE GOING TO GET THE TRAFFIC INCREASE PROBABLY KICK BUT THAT'S EVERYWHERE ALL THE TIME. SO I DON'T KNOW BUT YOU JUST YOU KNOW, WE'RE JUST SO THIS
IS A PARK AND THAT'S ALL IT IS KIND OF A THING WELL SAID ON NEW YORK CITY DID THAT YEARS AGO WITH CENTRAL PARK AND YOU HAVE SOMETHING CALLED TAVERN ON THE GREEN AND A NUMBER
OF OTHER VENUES WITHOUT SO AGAIN WELL IS THERE A BOATHOUSE I MEAN ONE CALLED A BOATHOUSE ON WATER THERE'S QUITE A FEW. SO ANYWAY IT WE'RE WE'RE PROBABLY DREAMING TOO MUCH
HERE AND WELL LET'S YOU GO ON TO THE TOPIC BUT THANK YOU LOOK THANK YOU SO HOW I GUESS AND I DON'T THINK THERE'S NO ACTION ON THAT IT'S JUST INFORMATION AND THEN THE NEXT
THING THEN IS THE PORT AUTHORITY MISSION AND SO WE'RE ACTUALLY GOING TO HAVE HOLLY GET UP AND TALK TO US NOW. HOW WAS YEAH BUT THAT'S ALL
RIGHT. IT'S DEAD IN THE SUN. YES. ALL RIGHT. GOOD EVENING, PRESIDENT ERICKSON AND COMMISSIONERS, THANK YOU FOR JOINING US IN THAT CONVERSATION. WE REALLY WANTED TO HEAR YOUR
INITIAL REACTIONS TO WHAT WE'VE DONE SO FAR AND REALLY THINK ABOUT IT THE WAY WE'RE THINKING ABOUT IT FROM KIND OF SMALL SCALE EASY INTERVENTIONS TO WHAT ARE LONG TERM INVESTMENTS GOING TO LOOK
LIKE AND IS THAT WHERE WE WANT TO PUT OUR RESOURCES? AND SO I JUST WANT TO SAY THAT'S A GREAT COMMENT ABOUT YOU KNOW, WE'VE NARROWED IT DOWN TO I THINK IT'S NINE COMMERCIAL NODES BUT THAT'S TOO MANY TO FOCUS ON ON WHAT
TIME SO IF WE IF WE WANT TO WORK WITH PLANNING TO NARROW THAT DOWN FURTHER, I THINK THAT'S A VERY GOOD IDEA AND SOMETHING WE'LL EXPLORE WITH NICK. BUT NOW I AM HERE BEFORE YOU
TO TALK ABOUT A MISSION STATEMENT FOR THE PORT AUTHORITY. WE ARE GOING TO UNDERTAKE THIS EXERCISE TOGETHER BECAUSE AS ALL OF YOU ARE WELL AWARE AS OUR HEADS HAVE SPUN DURING
ANNUAL REPORTS AND WORK PLANS ,THE PORT'S WORK HAS CHANGED QUITE A LOT AND IT IS TIME FOR US TO HAVE A MISSION STATEMENT THAT REALLY REPRESENTS WHAT WE ARE DOING NOW IN THE PORT
AUTHORITY WHICH IS TRULY DOING AN ECONOMIC DEVELOPMENT IN VARIOUS FORMS FOR THE WHOLE CITY AND SO NOT TO DRILL DOWN
ON IT BUT AS A REMINDER THIS ORGANIZATION THIS ENTITY WAS CREATED TO FACILITATE THE REDEVELOPMENT OF METS STADIUM INTO MALL OF AMERICA THEN WENT A LITTLE FURTHER TO LOOK AT
REDEVELOPMENT OPPORTUNITIES IN THE SOUTH LOOP STILL FOCUSING PRIMARILY ON REAL ESTATE DEVELOPMENT AND REDEVELOPMENT AND WE ARE NOW WORKING CITYWIDE SO YOU CAN
SEE HOW MUCH TERRITORY WE HAVE GAINED AND IT HAS CHANGED A LOT. WE NOW HAVE SERVICES PROVIDED THAT INCLUDE REAL ESTATE AND DEVELOPMENT WHICH AGAIN WAS
SORT OF THE FUNDAMENTAL OF THE PORT. WE ALSO HAVE BUSINESS ASSISTANCE CREATIVE PLACEMAKING AND NOW WITH BLOOM IN BLOOMINGTON WE'RE STARTING TO STEP INTO WORKFORCE DEVELOPMENT.
BUT THE WAY THAT OUR OUR MANDATE IS WRITTEN IS SIMPLY TO ENSURE THE SOUND AND ORDERLY DEVELOPMENT OF THE CITY WHICH IS FINE BUT DOESN'T NECESSARILY CAPTURE ANYMORE
THE NUANCES OF EVERYTHING IT IS THAT WE ARE DOING AND THE VISION FOR WHY WE ARE DOING IT . SO JUST AS A REMINDER WHEN WHEN LEAGUE OF MINNESOTA CITIES THEY HAVE SOME GREAT
SUMMARIES OF WHAT IS AN IDEA WHAT IS A PORT AUTHORITY, WHAT IS AN HRA SO WHEN THEY WRITE ABOUT A PORT AUTHORITY IT IS TO PROMOTE THE GENERAL WELFARE OF A PORT DISTRICT TO INCREASE THE COMMERCIAL EFFICIENCY
OF THE DISTRICT AND TO ACTIVELY IMPROVE BUSINESS OPPORTUNITIES WHICH ALIGNS WITH A LOT OF WHAT WE ARE DOING NOW. WE PRESENTED TO YOU LAST YEAR OUR BLOOMINGTON BUSINESS
CONTINUUM WHICH WE ARE IN THE PROCESS OF UPDATING RIGHT NOW BUT THAT IDEA WAS TO REALLY START FLESHING OUT FOR ALL OF YOU AND FOR THE GENERAL PUBLIC THE RANGE OF BUSINESSES THAT WE ARE WORKING WITH FROM IDEATION AND EARLY STAGES
IN PLANNING OF BUSINESSES ALL THE WAY UP TO SOME OF OUR LARGE LARGE EMPLOYERS THAT ARE EXPANDING LIKE SICK BLOOMINGTON AND STARTING TO PROVIDE SERVICES. BUT WE ALSO WORK WITH A LOT OF PARTNERS AS WELL AND SOME
OF THAT COULD BE DIRECT FINANCIAL ASSISTANCE BUT SOME OF IT IS TECHNICAL ASSISTANCE OR SIMPLY NAVIGATING AND HELPING PEOPLE NAVIGATE THROUGH OUR PERMITTING OR EVEN CHANGING SOME OF OUR CODES AND
PROCESSES AS WE GO. WE RECENTLY COMPLETED AN ECONOMIC DEVELOPMENT PLAN AS YOU ARE ALL WELL AWARE WHERE WE SET THE VISION
OF BLOOMINGTON AND GOSH IT'S REAL SMALL FOR MY LITTLE EYES BUT BLOOMINGTON IS A LEADING ECONOMIC CENTER FOR THE REGION FOSTERING INNOVATION,
SUPPORTING LOCAL BUSINESSES AND ENHANCING THE QUALITY OF LIFE FOR ALL RESIDENTS THROUGH EQUITABLE STRATEGIC INVESTMENT AND SUSTAINABLE DEVELOPMENT.
AND THE VISION IS FOR THE PLAN AND WE'RE GOING TO DO A MISSION STATEMENT TODAY WHICH IS OUR MISSION FOR OUR OUR OPERATING BODY HERE WE ALSO HAD OUR GUIDING PRINCIPLES
JUST TO REMIND YOU ALL OF INCLUSIVE AND EQUITABLE GROWTH, SUSTAINABILITY, COLLABORATION AND SERVICE AND ACCOUNTABILITY. AND THEN WE HAD OUR EIGHT OBJECTIVES OF TREATED SECTOR SMALL BUSINESS INNOVATION,
THRIVING PLACES, REAL ESTATE AND INFRASTRUCTURE FOR TALENT, ATTRACTION AND RETENTION, WRAPAROUND SERVICES AND MARKETING AND EVENTS AND YOU CAN SEE FROM THE TYPES OF PROJECTS THAT WE ARE DOING
LIKE THE COMMERCIAL NOTES TOOLKIT SOME OF THOSE ACTUALLY CROSS A NUMBER OF THESE OBJECTIVES BECAUSE WE ARE TRYING TO GROW JOBS, WE ARE TRYING TO GROW THE TAX BASE IN THE CITY BUT IT INVOLVES A
LOT OF DIFFERENT PIECES OF CITY TO DO IT. SO AS WE LOOK AT THE EXERCISE OF DOING A MISSION STATEMENT
FOR THE PORT, WE ACTUALLY WENT THROUGH THIS WITH OUR CONSULTANTS TYPE STRATEGIES INTERNALLY WITH STAFF AND THEY ASKED US THESE QUESTIONS WHAT DO WE DO? WHY DO WE DO IT?
WHO DO WE SERVE? WHERE DO WE SERVE AND WHAT ARE OUR VALUES ? SO WE AS A TEAM TOOK TOOK A
TURN AT ANSWERING THESE QUESTIONS OURSELVES WHAT DO WE DO? WE FACILITATE DEVELOPMENT AND REDEVELOPMENT. WE ASSIST BUSINESSES THAT ARE WISHING TO START OR GROW.
WE SUPPORT QUALITY OF PLACE. WE GROW OUR RELATIONSHIPS WITH PARTNERS WHO HELP OUR WORK AND WE CONNECT BLOOMINGTON RESIDENTS TO ECONOMIC OPPORTUNITY.
HOW DO WE DO IT? WE HELP COMPANIES GROW JOBS. WE ENHANCE THE COMMERCIAL TAX BASE. WE DIVERSIFY THE COMMERCIAL TAX BASE FOR RESILIENCY.
WE SUPPORT RESIDENT ECONOMIC MOBILITY AND WE TRY TO MAINTAIN A LIVABLE COMMUNITY ALONGSIDE THIS ECONOMIC GROWTH . WHO DO WE DO IT FOR?
WE DO IT FOR OUR RESIDENTS. IF WE GROW THE COMMERCIAL TAX BASE THAT MEANS THAT THEIR RESIDENTIAL TAX BASE WILL NOT BE AS IMPACTED. WE DO IT FOR BUSINESSES AND INVESTORS SO THEY CAN BE SUCCESSFUL HERE AND WE DO IT
FOR VISITORS AND STUDENTS AS WELL. AND WHERE DO WE DO IT? THIS ONE WAS AN EASY ANSWER. THE WHOLE CITY OF BLOOMINGTON
WHAT ARE OUR VALUES? SO WE TALKED A LITTLE BIT ABOUT THOSE THAT JUST NOW IS PART OF THE ECONOMIC DEVELOPMENT STRATEGIC PLAN BUT THEY INCLUDED INCLUSIVITY. EVERYONE SHOULD BE ABLE TO
PARTICIPATE IN BLOOMINGTON'S ECONOMY AND GROWTH INNOVATION . WE SHOULD BE OPEN TO CHANGE AND NEW IDEAS SERVICE ALL OF THE TEAM AT THE PORT IS VERY DEDICATED TO PROVIDING EXCELLENT SERVICE TO OUR
BUSINESS COMMUNITY AND OUR RESIDENTS. COLLABORATION WE DON'T DO THIS WORK ALONE AND THEN RESILIENCE AND SUSTAINABILITY LET'S BE SMART ABOUT IT.
LET'S LOOK TOWARDS THE FUTURE. LET'S PLAN CAREFULLY. WE WANTED TO PULL FOR YOU A FEW EQUIVALENT TYPES
OF MISSION STATEMENTS FOR YOU TO THINK ABOUT MAYBE PULL PIECES FROM. ONE IS THE HOUSING AND REDEVELOPMENT AUTHORITY THAT'S HERE IN BLOOMINGTON. THEY RECENTLY JUST DID THEIR
MISSION STATEMENT WORK. THEIR MISSION IS TO HELP PROVIDE AFFORDABLE HOUSING OPPORTUNITIES FOR THOSE WHO ARE NOT ADEQUATELY SERVED BY THE MARKETPLACE, COORDINATE THE CITY'S EFFORTS TO PRESERVE EXISTING NEIGHBORHOODS AND
PROMOTE DEVELOPMENT AND REDEVELOPMENT THAT ENHANCES BLOOMINGTON, THE SAINT PAUL PORT AUTHORITY TO OUR NEIGHBORS TO THE EAST IS AN ECONOMIC DEVELOPMENT AGENCY THAT EXPANDS THE CITY'S TAX
BASE, SERVES AS A CONDUIT TO QUALITY JOB OPPORTUNITIES, ADVANCES SUSTAINABLE AND EQUITABLE DEVELOPMENT AND ADVOCATES FOR RIVER COMMERCE A
FEW OTHERS MINNESOTA DEPARTMENT OF EMPLOYMENT AND ECONOMIC DEVELOPMENT TO EMPOWER THE GROWTH OF THE MINNESOTA ECONOMY FOR EVERYONE. HENNEPIN COUNTY IS ECONOMIC DEVELOPMENT AUTHORITY TO WORK IN PARTNERSHIP TO ADVANCE AN
INCLUSIVE AND RESILIENT ECONOMY SUPPORTING THE SUCCESS OF ALL PEOPLE, BUSINESSES AND CITIES AND MAKING HENNEPIN COUNTY AN IDEAL PLACE TO PROSPER. AND THEN WHY NOT GET ASPIRATIONAL? WE WENT FOR THE NEW YORK CITY
ECONOMIC DEVELOPMENT CORPORATION WHICH IS TO CREATE A VIBRANT, INCLUSIVE AND GLOBALLY COMPETITIVE ECONOMY FOR ALL NEW YORKERS FOCUSING ON STRENGTHENING THE CITY'S BUSINESS ENVIRONMENT, GROWING INNOVATIVE SECTORS, BUILDING
LIVABLE NEIGHBORHOODS AND DELIVERING SUSTAINABLE INFRASTRUCTURE. SO YOU CAN SEE A LOT OF THESE ARE CAPTURING THE IDEA OF ECONOMIC GROWTH BUT ALSO WHAT IS THE COMMUNITY THAT
WE'RE GOING TO CREATE? HOW ARE WE GOING TO SERVE OUR COMMUNITY AS WE DO THIS WORK? SO AS I SAID, THE TEAM WENT THROUGH THIS EXERCISE WITH TIP STRATEGIES AND WE ANSWERED
THOSE QUESTIONS THAT CAME UP AT THE BEGINNING AND WE CAME UP WITH THESE TWO OPTIONS THAT WE WANTED TO PRESENT TO YOU TODAY TO GIVE YOU SOMETHING TO REACT TO TO GIVE YOU AN IDEA
OF WHERE OUR HEADS ARE AT BUT ALSO TO SPARK A DISCUSSION AMONGST ALL OF YOU BECAUSE YOU ARE THE PORT AUTHORITY COMMISSIONERS, YOU ARE THE STEWARDS OF THE PORT AND SO WE WANT YOU TO HAVE AN ACTIVE
ROLE IN SHAPING THIS MISSION AS WELL BECAUSE WE WANT YOU TO FEEL BOUGHT INTO THIS AND REALLY FEEL LIKE WHEN YOU WERE HERE TO SERVE YOU ARE SERVING THIS MISSION.
SO THE FIRST STATEMENT IS THE PORT AUTHORITY OF BLOOMINGTON CULTIVATES ECONOMIC GROWTH THROUGH BUSINESS ASSISTANCE STRATEGIC REAL ESTATE INITIATIVES AND CREATIVE PLACEMAKING TRANSFORMING SPACES TO ENHANCE COMMUNITY
VIBRANCYHROUGH INCLUSIVE AND INNOVATIVE PRACTICES AS WE CREATE OPPORTUNITIES THAT BUILD SHARED PROSPERITY FOR ALL COMMUNITY MEMBERS. SECOND OPTION IS THE PORT AUTHORITY CULTIVATES COMMUNITY
PROSPERITY AND QUALITY DEVELOPMENT THROUGH BUSINESS ASSISTANCE CREATIVE PLACEMAKING AND STRATEGIC REAL ESTATE INVESTMENTS. WE BUILD A COLLABORATIVE, INCLUSIVE AND RESILIENT
ECONOMY FOR THE BENEFIT OF ALL COMMUNITY MEMBERS OF BLOOMINGTON, MINNESOTA AND MAN IS UP FOR DEBATE BUT THERE ARE A LOT OF BLUE MOUNTAINS OUT THERE SO WE ADDED IT SO I
HAVE A FEW QUESTIONS FOR DISCUSSION WHICH I HAVE DOWN HERE SO I CAN SPEAK TO THEM AND GO BACK TO THE PREVIOUS SLIDE
. BUT I THINK IF YOU'LL GO WITH ME I CAN ANSWER YOUR INITIAL QUESTIONS OR WE COULD GO STRAIGHT INTO DISCUSSION WHAT IS YOUR PREFERENCE?
WHAT DOES THREE MR. IS YOUR CAPE CULTIVATES ECONOMIC GROWTH RIGHT UP THERE AT THE BEGINNING OKAY I COULD SEE
MAYBE A BLEND OF ONE AND TWO BUT NEITHER STRIKES ME AS THAT I THINK THAT CULTIVATES ECONOMIC IS IS IS A KEY ONE I
OTHER QUESTIONS COMMENTS MR. LANCE I JUST GOT I WROTE FOR A LIVING AND BOTH OF THEM HAVE GOT THE WORD INCLUSIVE NOWADAYS IT'S A LITTLE INCENDIARY BUT IT'S REDUNDANT
IF YOU'RE INCLUSIVE AND FOR ALL IN THE SAME SENTENCE IF YOU CAN TAKE IT OUT AND WE BUILD A COLLABORATION LIKE NUMBER TWO WE BUILD A COLLABORATIVE AND RESILIENT
ECONOMY FOR THE BENEFIT OF ALL COMMUNITY MEMBERS AND IT'S IN BOTH OF THEM LIKE THAT. AND I DON'T KNOW I JUST TO COMMENT ON RIGHT YEAH.
WHAT I LIKE TO I LIKE TO BETTER BECAUSE THEY'RE SHORTER YEAH I LIKE TO BETTER TOO BUT ONE OF THE THINGS I'M JUST LOOKING AT IS WE ALSO HAVE RESPONSIBILITY FOR MULTIFAMILY
HOUSING PROJECTS IN OTHER WORDS, ANYTHING OVER WHAT FIVE UNITS, TEN UNITS, WHATEVER THE NUMBER IS 20 AND IT'S A QUESTION OF WHETHER THAT IS
MENTIONED OR INCLUDED IN THIS AT ALL. >> I MEAN BE INCLUDED IN THE STRATEGIC REAL ESTATE INVESTMENTS YOU COULD AND AGAIN IT'S JUST YOU DON'T HAVE TO BE SO I KNOW WHERE YOU'RE HEADED BUT SO SPECIFIC AND
IT'S LIKE THE REDUNDANCY AND THAT COMMISSIONER ONCE MENTIONED THAT I ALWAYS THINK THERE SHOULD BE SHORT AND
SWEET AND NOT THEY'RE BOTH LONG. COMMISSIONER NELSON YEAH.
THANK YOU PRESIDENT I AGREE WITH BEING SHORT. I ALSO AGREE WITH THE ECONOMIC GROWTH. MY SUGGESTION OR MY PREFERENCE WOULD BE JUST ONE SENTENCE THE
PORT AUTHORITY CULTIVATES ECONOMIC GROWTH, COMMUNITY PROSPERITY AND QUALITY DEVELOPMENT. I FIND THE NEXT SENTENCE TO BE LIMITING TO THE NUMBER
OF THINGS THAT WE COULD DO IN ORDER TO ACCOMPLISH THAT AND I AGREE WITH THE REDUNDANCY OF SOME OF THE STUFF IN THERE.
THE LAST PART OF THAT I MEAN WHAT WE DO AND WHY WE DO IT YOU KNOW WOULD DO ECONOMIC GROWTH SO WE CAN HAVE PROSPERITY AND WE CAN HAVE
QUALITY DEVELOPMENT SHORT, SWEET SHORT OF THE BETTER NEED THE FEEL, THE FEEL GOOD BUZZWORDS. I MEAN YOU'RE STRAIGHT ON.
OKAY. I LIKE DEEDS. YEAH. AND SO I YOU KNOW, JUST TO FOLLOW UP ON THAT, I WAS LOOKING AT STATEMENT NUMBER TWO BECAUSE I WAS MORE ATTRACTED TO IT MAYBE BECAUSE
IT HAS FEWER WORDS IN IT. BUT I WAS THINKING ABOUT THAT SECOND SENTENCE AND I WAS KIND OF THINKING ABOUT THOSE ARE ALL LIKE TACTICS TO ACHIEVE THE AND I WAS ORIGINALLY I WAS
LIKE PICKING AT THEM AND SAYING OKAY, IF I WAS GOING TO LIKE GENERALIZE THESE FOR EXAMPLE I WAS GOING TO I THINK CREATIVE PLACEMAKING IS IMPORTANT BUT I THINK WE WE THERE'S THERE'S A PLACEMAKING
IS A CATEGORY OF THINGS THAT WE DO IN AN AREA TO MAKE IT BE APPEALING PLACEMAKING IS ONE OF THE ACTIVITIES BUT I DO THINK THAT THAT STEPPING BACK AND SAYING WHAT ARE THE ELEMENTS OF THIS THAT ARE
REALLY BELONG IN A MISSION STATEMENT LIKE YOU'RE PROPOSING? JOHN AND I THINK YOU COULD YOU COULD SAY PROSPERITY AND QUALITY OF DEVELOPMENT FOR THE BENEFIT OF ALL COMMUNITY
MEMBERS AND KIND OF PACK THAT TOGETHER AND KIND OF THE MIDDLE OUT OF THAT. I'M I DON'T THINK YOU HAVE TO SAY BLOOMINGTON, MINNESOTA BECAUSE THIS IS ALWAYS GOING TO BE PRESENTED IN THAT BLOOMINGTON CONTEXT AND SO I
THINK IT CAN IT CAN YOU CAN ASSUME THAT THE PERSON UNDERSTANDS IT'S ABOUT US IN THERE. SO WHAT I'M THINKING ABOUT IS DO WE NEED TO INCLUDE SOMETHING HERE THAT WE DO THIS
ON A PRETTY THOUGHTFUL BASIS? I MEAN WE'RE LOOKING AT BOTH SHORT TERM AND LONG TERM DEVELOPMENT. BUT I THINK THAT YOU KNOW, IF
WE WANT TO TAKE THE DISCUSSION THAT WE JUST HAD ABOUT OUR TOOLKIT AND THINGS AND AND LOOK AT ALL OF IT, IT INVOLVES TAKING IN REALLY WE JUST WE
JUST DON'T WANT TO THROW SOMETHING OUT. WE WANT TO WE WANT TO BE DELIBERATIVE ABOUT IT SO SOMEHOW THAT THERE IS SOME METHODICAL PROCESS THAT WE WANT TO GO THROUGH, YOU KNOW,
AGAIN, YOU KNOW, IF YOU LOOK AT THE WHOLE SOUTH LITTLE THING THAT WAS A VERY THOUGHTFUL PROCESS THAT FOCUSED FOR A LONG PERIOD
OF TIME. SO IT'S JUST A QUESTION BUT I WOULD WOULD AGREE I THINK IF WE CAN HAVE JUST LIKE A ONE SENTENCE THING WITH A FEW
MODIFIERS IN OR SOMETHING IT'S REALLY SUPERIOR LITTLE THING I'D TAKE MINNESOTA OFF AFTER BLOOMINGTON I THINK WE ALL
KNOW HOW BUT FOR 30 CLOVIS COMMUNITY ENGAGE SPEND AND PROSPER I OF COURSE SHOULD GET THERE TOO MANY WORDS THERE BUT
I MEAN WE WE IN ONE SENSE WANT TO BE A CATALYST FOR BRINGING THESE THINGS TOGETHER AND IN KIND OF ACT AS A SOUNDING BOARD. I MEAN STAFF IS IS OBVIOUSLY
THE DRIVING AGENT ON THESE THINGS AND SO YOU MR. BUS IS GOING TO HAVE ALL THE ANSWERS TO THIS HE'S HE'S HE'S BEEN
THOUGHTFUL IN THINKING ABOUT IT WHAT WHAT DISTILLATION THAT IS DID YOU PEOPLE NOT PEOPLE PEOPLE LIKE TO BETTER THAN MINE BUT WE'RE THINKING THAT THAT THAT TOO SHOULD BE A LOT
SHORTER MAYBE LIKE THE FIRST SENTENCE WITH SOME MODIFICATIONS SO I, I HAVE A PROCESS SUGGESTION HERE MR. PRESIDENT I THINK THAT WE TALKED ABOUT THIS ENOUGH AND I THINK YOU'RE STARTING TO GET FEEDBACK FROM US.
BUT WHEN I'VE WHEN I'VE WORKED ON THESE SORTS OF THINGS IN THE PAST YOU DON'T SIT IN A ROLE LIKE THIS AND THROW IDEAS LIKE PEOPLE ARE PIECES OF PAPER AND YOU PUT STUFF ON THE WHITEBOARD AND PEOPLE
WRITE A DRAFT AND DO IT LIKE THAT WHERE IT'S IT I I'M I'M GOING TO SUGGEST THAT THAT THIS IS THE WRONG WAY TO GO ABOUT WRITING THIS IF WE'RE TRULY GOING TO BE THE OWNERS
OF IT. OKAY KIND OF HAVE IT WORK THAT WAY I THINK WE THINK WE NEED TO AT SOME POINT WANDERED DOWN TO THE CONFERENCE ROOM AND AND HAVE A HAVE A PEN AND KIND
OF DO STUFF LIKE THAT. WE'RE TAKING THE SECOND THAT WE ALL SET AND SOMEHOW ABSENT OF US ALL BEING FOR SEPARATE MEETINGS YOU GUYS HAVE THOSE
AND I THINK IF IF WE'RE THE OWNERS OF IT I THINK US LIKE WRITING IT MAKES A LOT OF SENSE SO WELL I THINK PERHAPS STAFF CAN TAKE JUST BASED ON THE COMMENTS WE HAVE AND HOW TO DO IT AND THEN
MAYBE WE CAN SCHEDULE SOMETHING WE COULD EVEN DO SOMETHING WHERE WE HAD A GLASS OF WINE OR TWO AND LISTEN TO WHATEVER PRESIDENT ERICKSON IF
THERE IS QUORUM WE HAVE TO NOTICE IT. YEAH. I'M SORRY. WE HAVE TO DO A PUBLIC NOTICE IF THERE IS QUORUM. OH, OKAY. WELL I'M MAKING A NERDY
ROBERT'S RULES JOKE. OKAY. PRESIDENT ERICKSON AND COMMISSIONERS, I THINK THAT IF YOU ARE OPEN TO IT WE ARE VERY WILLING TO ENGAGE IN THAT WAY AND PERHAPS SET UP OUR NEXT
PORT MEETING WITH AN ELEMENT OF STUDY SESSION TO IT SO WE COULD SIT AND WHITEBOARD THE OTHER OPTION AND I WANT TO BE DIRECTED BY YOU IN THAT BECAUSE I WANT TO MAKE SURE YOU'RE ALL BROUGHT INTO DOING
THAT TYPE OF EXERCISE. THE OTHER OPTION IS THAT YOU CAN EMAIL ME IDEAS, STAFF CAN RETURN IDEAS TO YOU AND WE CAN
CONVERSE ABOUT IT THAT WAY. AND SO I WOULD I WOULD JUST LIKE TO SAY THAT I'M OPEN TO DOING IT ANY WAY YOU LIKE. WE HAVE AN AMAZING TEAM OF FACILITATOR IS HERE AT THE
CITY WHO CAN ACTUALLY RUN A MEETING FOR US AROUND THIS COMMENTS NOW I'M GOING TO BE
THE GUY WHO WALKS IN AT THE END OF THE CONVERSATION AND REALLY SPEAKS OUT. BUT BUT I LIKE THAT IDEA HOLLY AND I LIKE THE TWO TO BRING IN ARE CITY STAFF WHO ARE TRAINED IN THIS KIND OF THING
AND WHO CAN KIND OF LEAD US THROUGH THE FACILITATED DISCUSSION TO GET FROM I MEAN THIS IS A GREAT START I THINK AND I THINK IT PROBABLY IS THE FRAMEWORK OF WHAT WE WANT TO SAY BUT TO BE ABLE TO HONE IT DOWN AND TO REALLY TO REALLY
BRING IT TO A FINE POINT I THINK WOULD BE A WORTHWHILE CONVERSATION TO HAVE. AND ONE OF THE THINGS THAT ARE MAYBE BENEFICIAL SINCE WE'RE
SEEING A LOT OF THIS REALLY IS A RELATIONSHIP WITH PLANNING IS TO MAYBE YOU HAVE PLANNING LOOKING AT IT HAVE NICK JANSEN OR OTHER PEOPLE LOOK AT IT AND SAY WELL WHAT DO YOU THINK YOU MAYBE HE'S ALREADY DONE THAT
GIVE US SOME IDEAS OR SOMETHING. BUT PRESIDENT ERICKSON MAYOR, COMMISSIONERS I KNOW THAT PLANNING AND PORT ARE VERY INTERESTED AND PROVIDING AS
MUCH CLARITY AS POSSIBLE AROUND THE DISTINCTION BETWEEN YOUR RESPONSIBILITIES SO THAT YOU ALL UNDERSTAND YOU KNOW, IS IT A DESIGN QUESTION, DOES THAT GO TO PLANNING? IS IT DEVELOPMENT QUESTION
DOES THAT GO TO PORT IF IF IT'S DEVELOPMENT BUT TO OUR STANDARD CODES YOU WON'T SEE IT AT ALL. IT'S JUST WHEN WHEN THERE'S SPECIALIST STUDENTS NEEDED BUT ARE WE GOING TO DECIDE TOGETHER WHICH PRIORITY COMMERCIAL NOTES WE DO?
THOSE ARE OPPORTUNITIES THAT WE CAN EXPLORE OVER TIME. OKAY WELL YOU HAVE ENOUGH GUIDANCE TO GIVE US FURTHER GUIDANCE.
PRESIDENT ERICKSON I BELIEVE I DO. SO WE WILL REACH OUT TO YOU WITH SCHEDULING WHATEVER THAT SESSION IS GOING TO LOOK LIKE. WE WILL TRY TO KEEP IT WITHIN OUR REGULAR PORT SCHEDULE JUST TO MAKE SURE AS YOU HAVE THAT
MARKED ON YOUR CALENDAR. GREAT, GREAT. SO THEN WE GO TO ADMINISTRATOR UPDATES. DO YOU HAVE ANY FOR US? I DO.
PRESIDENT ERICKSON AND COMMISSIONERS I HAVE A NUMBER OF UPDATES FOR YOU. THERE IS A LOT GOING ON RIGHT NOW. FIRST OF ALL JUST A POINT OF ORDER. JUST PLEASE LET US KNOW IF YOU'RE NOT GOING TO ATTEND A MEETING OTHERWISE WE WILL
ASSUME THAT YOU WILL BE HERE AND PLEASE DO LET ME AS WELL AND ME KNOW SO YOU COULD EITHER CALL MARTE OR EMAIL MARTE AND ME JUST TO MAKE SURE THAT WE'RE BOTH AWARE. WE WANTED TO GIVE YOU AN
UPDATE ON THE BLOOM AND BLOOMINGTON PROGRAM WHICH YOU HAVE BEEN LEARNING ABOUT THAT'S BEEN AROUND THIS IS THE THIRD YEAR BUT IT'S NOW MOVED OVER TO THE PORT WORSE ON WHOM
YOU HAVE MET IS RUNNING THE PROGRAM AND SO THE INTERNS ARE GOING TO START NEXT WEEK ACTUALLY ARE COLLEGE AGE INTERNS. WE HAVE 29 INTERNS THIS YEAR SO WE'VE PRETTY MUCH DOUBLED THE PROGRAM SINCE LAST YEAR.
15 ARE WITH THE CITY DEPARTMENTS, 14 ARE EXTERNAL AND OUR EXTERNAL PARTNERS WE'RE VERY EXCITED ABOUT AS IT'S PART OF BUILDING OUR BUSINESS RELATIONSHIPS. THEY INCLUDE TAKEDA.
THEY'RE TAKING TWO INTERNS ONE IN IT AND ONE IN OCCUPATIONAL HEALTH. LARKIN HOFMANN HAS ONE LEGAL INTERN. BLOOMINGTON, MINNESOTA TRAVEL AND TOURISM HAS AN INTERN. WALSER AUTOMOTIVE HAS AN INTERN IN COMMUNICATION AND
EVENTS BLOOMINGTON PUBLIC SCHOOLS TAKING FIVE INTERNS AND I T SEAGATE HAS AN INTERN. POEHLER HAS AN INTERN AND WILDERNESS INQUIRY IS TAKING TWO INTERNS THIS YEAR.
SO IF YOU TALK TO ANY OF THOSE PARTNERS WE ARE VERY VERY EXCITED TO HAVE THEM WORKING WITH US AND WE HOPE TO KEEP GROWING THOSE EXTERNAL PARTNERS AND THEN THE YOUNG ADULTS AS I SAID START NEXT WEEK AND THEN HIGH SCHOOL
STARTS ON JUNE 23RD AND WE HOPE TO HAVE SOME OF THOSE INTERNS COME AND PRESENT TO YOU DURING THE SUMMER TO SHARE A BIT ABOUT THEIR EXPERIENCE AND WHAT THIS HAS MEANT TO THEM. NEXT THING I WANTED TO SHARE
WITH YOU WAS THE HAT PROGRAM. SEAN LUNDY CAME AND TALKED TO YOU ABOUT THAT AND THE PORT WILL BE FINANCIALLY SUPPORTING THIS YEAR. THERE ARE LET'S SEE 56 DIFFERENT ENTREPRENEURS APPLY STARTED APPLYING BUT 29
ACTUALLY FINISH THEIR APPLICATIONS AND SO SEAN AND TEAM ARE LOOKING TO GET THAT TOP 25 COHORT FINALIZED NEXT WEEK AND THEN WE HAVE ANOTHER SPONSOR STEARNS BANK TO
FURTHER BUILD OUT OUR PROGRAM AND REDUCE THE PORT'S OBLIGATION TO THE PROGRAM. SO UPDATED DATES TO KNOW ABOUT JUNE 4TH IS THE TOP 24 TOP 25
COHORT ONBOARDING THE 14TH AND 15TH THEY WILL HAVE A CEO START BOOTCAMP THAT IS WITH THE MAYOR JUST CAME FROM THAT'S A PROGRAM THAT HENNEPIN COUNTY OFFERS FOR OUR STARTUP COMMUNITY THEN THEY'LL HAVE
THEIR TOP 25 PITCH ON JUNE 26TH AND JULY 8TH THEY'LL HAVE THE TOP TEN COHORT AND SO WE'RE VERY MUCH LOOKING FORWARD TO SEEING THAT ON UNROLL SCRAMBLE AND EGG IS
CONTINUING TO GET THEMSELVES SET UP. THEY WERE THE WINNERS FROM LAST YEAR AND THEN ANOTHER PROGRAM THAT'S OCCURRING IS THE BLOOMINGTON ECONOMIC PARTNERSHIP WHICH WAS THE
MAYOR'S WORKFORCE STEERING COMMITTEE AND IS NOW EVOLVING TO INVOLVE THE PORT AND OUR ECONOMIC DEVELOPMENT STRATEGIC PLAN. AND SO THAT INCLUDES MEMBERS FROM OUR LARGE EMPLOYER
COMMUNITY, OUR HIGHER EDUCATION AND WORKFORCE DEVELOPMENT COMMUNITY AND OTHERS WHO ARE INTERESTED IN GROWING THE WORKFORCE IN BLOOMINGTON AND GROWING JOBS IN BLOOMINGTON.
SO WE DO A LOT FOR SMALL BUSINESSES BUT THIS IS ONE THAT'S REALLY FOCUSED ON OUR LARGER EMPLOYERS AND OUR TALENT GROWTH IN THE COMMUNITY AND SO THAT IS GOING TO CHANGE A BIT.
WE ARE GOING TO START TAKING A THEME EVERY QUARTER AND SO THE FIRST QUARTER WE'RE GOING TO REINTRODUCE THE PROGRAM AND INTRODUCE THE ECONOMIC DEVELOPMENT STRATEGIC PLAN I GUESS THAT'S QUARTER TWO OF THIS YEAR. QUARTER THREE WE'LL BE TALKING
ABOUT BRANDING AND MARKETING. HO DO WE SELL BLOOMINGTON FOR WORKFORCE FOR BUSINESS AND WE'LL BE HEARING FROM SOME OF OUR PARTNERS LIKE THE MINNESOTA TRADE OFFICE THAT DO
THIS ALL THE TIME AND EXPLORE MINNESOTA FOR BUSINESS AND THEN WE'LL BE GOING ON TO TALENT AND WORKFORCE WHICH IS A VERY COMPLICATED ECOSYSTEM AND WE'RE GOING TO BE DOING SOME MIND MAPPING WITH THAT GROUP TO BRING TOGETHER EVERYBODY'S THOUGHTS AROUND THAT SPACE.
AND SO WE'RE REALLY LOOKING FORWARD TO THAT AND IF THAT INTERESTS ANYONE ESPECIALLY THOSE OF YOU WHO NOW HAVE MORE FREE TIME ON YOUR HANDS, YOU ARE WELCOME TO ATTEND.
>> AND THEN WE HAVE OUR INTERNS STARTING NEXT WEEK. HER NAME IS HOLLAND JEWEL. SHE IS A BLOOMINGTON, GREW UP IN BLOOMINGTON AND NOW ATTENDS KANSAS STATE UNIVERSITY AND
THE COLLEGE OF ARCHITECTURE PLANNING AND DESIGN AND WE WILL INTRODUCE HER TO YOU AS WE GET STARTED AND THEN AS THE FINAL UPDATE I WAS HOPING, MAYOR BUSSEY, YOU COULD TELL
US ABOUT THE CITY MANAGER SEARCH AND IF NOT I'M HAPPY TO DO SO. I'M SORRY I DIDN'T HAVE AN OPPORTUNITY TO WARN YOU. NOT A PROBLEM. THANK YOU FOR THAT. WE HAVE BEEN WORKING VERY
CLOSELY WITH THE SEARCH FIRM I BELIEVE THE THE AT THE POSTING WENT LIVE I THINK THIS MORNING I BELIEVE AFTER I THINK THAT WAS THE GOALS THIS WEEK I
THINK IT WENT LIVE THIS MORNING OF COURSE AFTER ALL THE REVISIONS THAT TOOK PLACE AND ALL OF THE DETAILS THAT HAD TO GO INTO IT AND CLEANING IT UP AND IT WILL BE OPEN I THINK FOR FIVE WEEKS. I THINK IT'S MID-JULY OR MAYBE
LONGER THAN FIVE WEEKS IN MID-JULY. I THINK IT IS OPEN UNTIL WITH THE GOAL THEN WE HIT THE GROUND RUNNING AS WE GET APPLICANTS IN AND THEN START TO DO THE VETTING AND MAKE THE DECISION THAT WE'RE WE'RE
AIMING TOWARDS. SO I CAN'T TELL YOU THE EXACT TIMELINE BECAUSE IT WILL DEPEND ON A VARIETY OF DIFFERENT THINGS BUT IT'S MOVING FORWARD AND THE GOAL IS TO MOVE IT WITH ALACRITY BUT WITH SPECIFIC DIRECTION AS
WELL. WE WANT TO MAKE SURE THAT WE GET THE RIGHT PERSON AND THANKS I, I HAVE IT IS OPEN TO IN-HOUSE APPLICANTS TO I GUESS YOU THAT MEANS YOU CAN APPLY
RIGHT YOU CAN APPLY THAT MEANS YOU CAN APPLY FROM SO CAN YOU COMMISSIONER PETERSON WAS THAT ABOUT DRINKING WINE?
WELL THANK YOU VERY MUCH MAYOR BUZZY THAT IS WHAT I KNOW AS WELL OTHER THAN THERE WILL BE SOME COMMUNITY PANELS SO SOME OF OUR DEVELOPMENT COMMUNITY
WILL BE ENGAGED TO DO THAT AND THEN THERE ARE SOME STAFF OPEN HOUSES TO BE PART OF THE PROCESS AS WELL. BUT IF YOU HAVE WE'LL KEEP YOU UPDATED AS WE GO AHEAD. WE KNOW THIS IS VERY IMPORTANT
FOR THE PORT'S WORK AND WITH THAT THOSE ARE ALL MY UPDATES . ANYTHING ELSE THAT ANYBODY WANTS TO BRING? OH, EXCUSE ME. I'M SORRY PRESIDENT ERICKSON
AND COMMISSIONERS MARGARET HAS REQUESTED THAT I REMIND YOU THAT YOU OWE HER YOURSELF. CERTIFICATION FORMS ARE WHAT? YOUR SELF CERTIFICATION FORMS.
WE SENT YOU FORMS TO FILL OUT TO VERIFY THAT YOU HAVE YOU HAVE NOT BEEN ACCUSED OF FINANCIAL MISDOINGS. I CALL THOSE THE RICHARD NIXON FORM.
I AM NOT A CROOK THAT WHATEVER YOU CHOOSE TO CALL IT PLEASE RETURN IT TO MARKET. THANK YOU VERY MUCH BECAUSE PART OF THE REASON FOR THIS IS IF WE APPLY FOR STATE GRANTS
WE HAVE TO CERTIFY THAT OUR BOARDS HAVE NO ISSUES SO THAT YOU RECEIVED THOSE WAY PARDON ME PERHAPS WE ABSOLUTELY CAN.
MM, I DID. I DID GOOD WORK. GOOD WORK. OKAY. ALL RIGHT. IF WE DON'T HAVE ANYTHING ELSE, I THINK WE'RE ADJOURNED