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Home My WebLink AboutCommunity Development Agency - CDA-Packet-10-15-2024 Supporting Documents - 10/15/2024 OTTER TAIL COUNTY – MINNESOTA COMMUNITY DEVELOPMENT AGENCY AGENDA Government Services Center, Otter Tail Lake Room 515 West Fir Avenue, Fergus Falls, MN October 15, 2024 | 1:00pm 1.Call to Order 2. Approval of Agenda 3. Approval of Consent Agenda A. September 17, 2024 Regular Meeting Minutes B. September 2024 Financial Reports 4. Reports and Presentations A. Director Status Report B. Committee Reports Housing Growth and Investment (no report/Oct 14 mtg date) Workforce Support and Digital Equity Business Development C. ‘On the Map’ Report D. Board Member Updates 5. Regular Business: A. Vergas Community Growth Partnership Application B. Pelican Rapids Community Growth Partnership Application C. Battle Lake Youth Center / The Lincoln i. Call for Public Hearing Regarding the Sale of CDA Property ii. Development Agreement for The Lincoln iii. Gap Loan Application: The Lincoln, LLC D. Pinewood Estates Lots i. Affirm three lots for CDA house construction and general design criteria 6. Discussion and Communications A. Redevelopment Opportunity B. Other Communications C. Upcoming meetings: October 29 at 11am Joint Work Session with CDA and OTLCA Board @ Sheriff’s Operations Center, 469 Main Street, Ottertail November 18, 2024 (Monday) at 1:00pm, Commissioner’s Room, Government Services Center with HRA Board meeting beginning at 11:45am 7. Adjourn 1/61 2/61 MINUTES OF THE COMMUNITY DEVELOPMENT AGENCY OF OTTER TAIL COUNTY Government Services Center, County Board Room 515 W Fir Ave, Fergus Falls MN 56537 September 17, 2024 Call to Order The Otter Tail County Community Development Agency convened at 1:04 p.m., Tuesday, September 17, 2024. Attendance was as follows: Present in person Present via Technology Absent Board Members: Jeff Ackerson x Dena Johnson x Val Martin x Kurt Mortenson x Dave Ripley x Betsy Roder x Lee Rogness x Heidi Samuelson x Dave Schornack x Staff: Amy Baldwin, CDA Director x Sarah Schake, Project Manager x Erik Osberg, Rural Rebound Initiative Coordinator x Paula Grunewald, HRA Administrative Assistant x Others: Kris Vipond, Assistant Finance Director x Aann Christopherson, Accountant x Approval of Agenda The Agenda was to stand as presented. Approval of Consent Agenda Motion by Jeff Ackerson, second by Kurt Mortenson to approve the Consent Agenda. Motion passed unanimously. Kris Vipond, Assistant Finance Director, introduced Aann Christopherson, the newest staff member assigned to CDA. She will be responsible for CDA accounting tasks, new procedures for Drive for 5 and other funding streams. After introductions by board members, Aann and Kris left the meeting. Reports and Presentations A. Director’s Report:  The levy has been approved and continues to move through the process.  Affirming not to continue the tax rebate program – there will be check-ins to see if there is local interest for communities to continue the program.  The MN Housing funding application for the Lincoln Project in Battle Lake is still under review. Recommendations anticipated on Thursday, September 19. 3/61 OTTERTAIL COUNTY -MINNESOTA  Met with Andrew Yaggie, eXp Realty, regarding Pinewood Estates realtor services; will have more matters related to Pinewood Estates at the next meeting.  The completed Pelican Rapids Housing Study has been reviewed.  The HRA Dalton Senior Housing project is on time with delivery to start September 23. The installation will happen in a couple of days. There is a strong interest and the waiting list will soon be open. A project like this is being considered in New York Mills in 2025. Responses from CDA Commissioners included  Heidi Samuelson stated that Parkers Prairie is getting close to being ready and it helped with Jordan being there, a lot easier to follow up.  David Schornack asked if copies would be sent to all CDA Board Members.  Dena Johnson stated that this is exciting. Projected completion is by the end of October. Great work on Pinewood Estates.  Betsy Roder said move-in dates for the South Point Apartments are probably November instead of October in New York Mills. B. Committee Reports Workforce Support and Development  The Workforce Convening will be held September 18. The Fargo Moorhead West Fargo Chamber of Commerce will discuss their Good Jobs Challenge funding. Three schools will present on the Youth Skills Training grants received and their respective priorities with those funds.  Referrals to the Empowered Worker Program are back open. Interest currently is in CDL, medical coding, boiler, IRS and health care.  Dave Schornack requested stats on apprenticeships as there are lots of job openings. Business Development  A lender focused event is planned for November 15. The agenda includes information on SBA programs, West Central Initiative and local loan programs, and Small Business Development Center Resources. There should be a good panel of speakers and will be held in two locations to support broader participation. Amy Baldwin, CDA Director also reviewed newsletter statistics, the Empowered Work monthly report and an article in MinnPost – “While many rural Minnesota counties are losing people, Otter Tail County has more than ever. How’d that happen?” C. On the Map Report Erik Osberg, Rural Rebound Initiative Coordinator presented the “On the Map Metrics Report” from 1/1/24 thru 8/31/24. D. Placer.ai Software Demonstration Sarah Schake, Project Manager, demonstrated the Placer.ai software. She stated that the data is tracked by cell phones; shows weekly trends; can be filtered by 1) visitors 2) employers 3) residents; has reporting such as civic report, visitor trend, employee trend and so much more. Staff will continue onboarding with the account representative from Placer.ai. It was noted that there is no limit on the number of reports generated and anyone with an ottertailcounty.gov email address can obtain an account. Commission Lee Rogness left the meeting at 2:10pm 4/61 E. Board Member Updates  Stubs burned down and was a total loss.  Dena Johnson stated that the north roundabout in Pelican Rapids is almost open.  Jeff Ackerson spoke on the MN State Housing Tax Credit. Information will be distributed.  David Schornack expressed that downtown Perham reconstruction project has been hard on businesses.  Betsy Roder stated that New York Mills “Welcoming Week” event is being held on September 17 . Discussion and Communications A. Child Care Discussion Amy Baldwin, CDA Director stated that  Otter Tail County has 122 family childcare providers – this is down from prior levels but eight applications are pending to be licensed.  The County have Child Care Project Managers to support efforts: two part-time contracted individuals with one to be phasing out. 100% funded by West Central Initiative.  New Emergency Grant – available to existing providers to reimburse costs - $500 available to licensed family care providers and $1,000 to full day care centers. The board had discussion on outreach, funding opportunities and the role of the County and CDA. Direction was provided to continue to work to advance the expansion and retention of childcare opportunities. B. Other Communications - none Upcoming meetings:  Tuesday, October 15, 2024 @ 1:00p.m., Board Meeting, Commissioner’s Room, Government Services Center with HRA Board meeting @ 11:45am.  Tuesday, October 29, 2024 @ 11:00am, Joint Work Session with CDA and OTLCA Board, The Otter, 306 MN-78, Ottertail.  November and December board meeting held on the third Monday for November and December (November 18 and December 16). Adjourned Meeting adjourned at 2:32pm. 5/61 FUND 23 705 Dept Community Development Agency SEPTEMBER VARIANCE 2024 2024 YTD POSITIVE/2022 2023 Revenues BUDGET ACTUAL (NEGATIVE)ACTUAL ACTUAL PROPERTY TAXES 541,800$ 312,698$ (229,102)$ 502,899$ 533,366$ GRANTS/OTHER REVENUES/INTEREST 3,000$ 2,532$ (468)$ 2,848$ 4,061$ GENERAL LEVY TRANSFER -$ -$ Total Revenues 544,800$ 315,230$ (229,570)$ 505,747$ 537,427$ Expenditures PER DIEM 12,960$ 7,650$ (5,310)$ 10,335$ 8,640$ PUBLISHING & ADVERTISING 9,000$ 1,780$ (7,220)$ 4,629$ 2,009$ MEMBERSHIP DUES 5,000$ 4,070$ (930)$ 3,025$ 4,195$ REGISTRATION FEES 2,000$ 1,333$ (668)$ 1,510$ 1,675$ ELECTRIC -$ -$ -$ -$ 200$ AUDIT COST 2,300$ 1,152$ (1,148)$ -$ 1,204$ CONTRACTED SERVICES 300,140$ 123,488$ (176,652)$ 163,614$ 249,345$ MILEAGE 4,000$ 1,942$ (2,058)$ 2,064$ 2,321$ MEALS AND LODGING 7,000$ 1,384$ (5,616)$ 5,944$ 5,645$ LIABILITY INSURANCE 2,400$ 2,731$ 331$ 2,309$ 2,568$ MISC CHARGES -$ -$ -$ 179$ -$ OFFICE SUPPLIES -$ -$ -$ -$ 24,461$ COMMUNITY GROWTH PARTNERSHIP GRANT 200,000$ 41,000$ (159,000)$ 3,443$ 55,752$ BATTLE LAKE YOUTH CENTER REDEVELOPMENT -$ 36,288$ 36,288$ -$ 25,076$ PELICAN HIGHWAY DEVELOPMENT - PRE TIF DISTRICT -$ 36,936$ 36,936$ -$ 2,142$ PELICAN HIGHWAY SITE DEVELOPMENT - TIF 6,250$ PELICAN HIGHWAY DEVELOPMENT - IMPACT FUND -$ 217$ 217$ -$ -$ Total Expenditures 544,800$ 266,219$ (284,831)$ 197,052$ 385,233$ Revenue 544,800$ 315,230$ 505,747$ 537,427$ Expenditures 544,800$ (266,219)$ 197,052$ 385,233$ Obligations -$ (925,250)$ Net/Unallocated -$ (876,239)$ 308,694$ 152,194$ Fund Balance - Beginning 1,321,505$ 860,617$ 1,169,311$ Fund Balance - Ending 445,266$ 1,169,311$ 1,321,505$ 6/61 FUND 23 706 Dept Non Special Benefit Levy Programming SEPTEMBER VARIANCE 2024 2024 YTD POSITIVE/2022 2023 Revenues BUDGET ACTUAL (NEGATIVE)ACTUAL ACTUAL PROPERTY TAXES -$ -$ -$ -$ -$ GRANTS/OTHER REVENUES/INTEREST 200,000$ 200,000$ -$ 2,000,000$ 200,000$ Total Revenues 200,000$ 200,000$ -$ 2,000,000$ 200,000$ Expenditures PUBLISHING AND ADVERTISING 1,000$ -$ 1,000$ -$ 209$ ELECTRIC 500$ -$ 500$ -$ 565$ GAS AND OIL 400$ -$ 400$ -$ 400$ WATER AND SEWER 600$ -$ 600$ -$ 408$ CONTRACTED SERVICES 50,000$ 13,283$ 36,718$ -$ 17,671$ INFRASTRUCTURE -$ -$ -$ -$ 100,000$ COMMUNITY GROWTH PARTNERSHIP GRANT -$ 10,000$ (10,000)$ -$ -$ DOWN PAYMENT ASSISTANCE 24,000$ 25,080$ (1,080)$ -$ HOUSING REHABILITATION -$ 30,046$ (30,046)$ -$ MISC -$ -$ -$ 12,245$ 16$ Total Expenditures 76,500$ 78,409$ (1,909)$ 12,245$ 119,269$ Revenue 200,000$ 200,000$ 2,000,000$ 200,000$ Expenditures -$ (78,409)$ 12,245$ 119,269$ Obligations -$ (148,000)$ -$ -$ Net/Unallocated 200,000$ (26,409)$ 1,987,755$ 80,731$ Fund Balance - Beginning 2,068,486$ -$ 1,987,755$ Fund Balance - Ending 2,042,078$ 1,987,755$ 2,068,486$ Obligations INFRASTRUCTURE -$ 148,000$ (148,000)$ COMMUNITY GROWTH PARTNERSHIP (Perham)-$ DOWN PAYMENT ASSISTANCE -$ -$ -$ Total Obligations -$ 148,000$ (148,000)$ 7/61 PctReportCode1 2:54:49PM DGODEL 01/2024 09/2024Cash 75% 09/2024War# 8 Char Invoice# Description Copyright 2010-2022 Integrated Financial Systems 23 COMMUNITY DEVELOPMENT AUTHORITY 705 ECONOMIC DEVELOPMENT/TOURISM 000 ... 23-705-000-0000-6140 5,310.00 5912,960 7,650.00Per Diem 1,170.00 COM 1/30/2024 90.00 185288 1/16/24 CDA - PER DIEM COM 1/30/2024 90.00 185248 1/16/24 CDA - PER DIEM COM 1/30/2024 90.00 185248 1/8/24 CDA - PER DIEM COM 1/30/2024 90.00 185257 1/16/24 CDA - PER DIEM COM 1/30/2024 90.00 185286 1/16/24 CDA - PER DIEM COM 1/30/2024 90.00 185287 1/16/24 CDA - PER DIEM COM 1/30/2024 90.00 185288 1/8/24 CDA - PER DIEM COM 3/12/2024 90.00 185995 2/20/24 CDA - PER DIEM COM 3/12/2024 90.00 185976 2/12/24 CDA - MILEAGE COM 3/12/2024 90.00 186044 2/6/24 CDA - PER DIEM COM 3/12/2024 90.00 186049 2/12/24 CDA - PER DIEM COM 3/12/2024 90.00 185902 1/22/24 CDA - PER DIEM COM 3/12/2024 90.00 186049 2/20/24 CDA - PER DIEM COM 3/12/2024 90.00 186043 2/20/24 CDA - PER DIEM COM 3/12/2024 90.00 186047 2/20/24 CDA - PER DIEM COM 3/12/2024 90.00 185976 2/20/24 CDA - PER DIEM COM 3/12/2024 90.00 186043 2/6/24 CDA - PER DIEM COM 4/9/2024 90.00 186566 3/6/24 CDA - PER DIEM COM 4/9/2024 90.00 186566 3/13/24 CDA - PER DIEM COM 4/9/2024 90.00 186563 3/5/24 CDA - PER DIEM COM 4/9/2024 90.00 186422 3/13/24 CDA - PER DIEM COM 4/9/2024 90.00 186512 3/6/24 CDA - PER DIEM COM 4/9/2024 90.00 186563 3/13/24 CDA - PER DIEM COM 4/9/2024 90.00 186569 3/6/24 CDA - PER DIEM COM 4/9/2024 90.00 186569 3/13/24 CDA - PER DIEM COM 4/9/2024 90.00 186564 3/5/24 CDA - PER DIEM COM 5/7/2024 90.00 187078 4/16/24 CDA - PER DIEM COM 5/7/2024 90.00 187081 4/3/24 CDA - PER DIEM COM 5/7/2024 90.00 187028 3/11/24 CDA - PER DIEM COM 5/7/2024 90.00 187077 4/16/24 CDA - PER DIEM COM 5/7/2024 90.00 187079 4/3/24 CDA - PER DIEM COM 5/7/2024 90.00 187028 4/16/24 CDA - PER DIEM COM 5/7/2024 90.00 186967 3/11/24 CDA - PER DIEM COM 5/7/2024 90.00 187081 4/16/24 CDA - PER DIEM COM 5/7/2024 90.00 187078 4/2/24 CDA - PER DIEM Page 2 Report For: ToReport Basis:Percent of Year: Actual For Tran Date Bdgt - Act Difference01/2024 - 09/2024 10/2/2024 Actual ForType2024 BUDGET EXPENDITURE GUIDELINE Otter Tail County Auditor 8/61 EAt PctReportCode1 2:54:49PM DGODEL 01/2024 09/2024Cash 75% 09/2024War# 8 Char Invoice# Description Copyright 2010-2022 Integrated Financial Systems COM 5/7/2024 90.00 187028 4/8/24 CDA - PER DIEM COM 5/7/2024 90.00 187077 4/2/24 CDA - PER DIEM COM 5/7/2024 90.00 186967 4/8/24 CDA - PER DIEM COM 5/7/2024 90.00 187079 4/16/24 CDA - PER DIEM COM 5/7/2024 90.00 187043 4/16/24 CDA - PER DIEM COM 5/28/2024 90.00 187518 5/15/24 CDA - PER DIEM COM 5/28/2024 90.00 187488 5/13/24 CDA - PER DIEM COM 5/28/2024 90.00 187517 5/20/24 CDA - PER DIEM COM 5/28/2024 90.00 187518 5/20/24 CDA - PER DIEM COM 5/28/2024 90.00 187498 5/20/24 CDA - PER DIEM COM 5/28/2024 90.00 187521 5/1/24 CDA - PER DIEM COM 5/28/2024 90.00 187454 5/13/24 CDA - PER DIEM COM 5/28/2024 90.00 187521 5/20/24 CDA - PER DIEM COM 5/28/2024 90.00 187488 5/20/24 CDA - PER DIEM COM 5/28/2024 90.00 187519 5/1/24 CDA - PER DIEM COM 5/28/2024 90.00 187517 5/15/24 CDA - PER DIEM COM 7/9/2024 90.00 188262 6/18/24 CDA - PER DIEM COM 7/9/2024 90.00 188256 6/4/24 CDA - PER DIEM COM 7/9/2024 90.00 188223 6/18/24 CDA - PER DIEM COM 7/9/2024 90.00 188191 6/18/24 CDA - PER DIEM COM 7/9/2024 90.00 188262 6/5/24 CDA - PER DIEM COM 7/9/2024 90.00 188223 6/5/24 CDA - PER DIEM COM 7/9/2024 90.00 188261 6/5/24 CDA - PER DIEM COM 7/9/2024 90.00 188255 6/18/24 CDA - PER DIEM COM 7/9/2024 90.00 188191 6/11/24 CDA - PER DIEM COM 7/9/2024 90.00 188255 6/4/24 CDA - PER DIEM COM 7/9/2024 90.00 188116 6/11/24 CDA - PER DIEM COM 7/30/2024 90.00 188679 7/16/24 CDA - PER DIEM COM 7/30/2024 90.00 188711 7/16/24 CDA - PER DIEM COM 7/30/2024 90.00 188710 7/16/24 CDA - PER DIEM COM 7/30/2024 90.00 188710 7/2/24 CDA - PER DIEM COM 7/30/2024 90.00 188712 7/16/24 CDA - PER DIEM COM 7/30/2024 90.00 188712 7/11/24 CDA - PER DIEM COM 7/30/2024 90.00 188711 7/2/24 CDA - PER DIEM COM 7/30/2024 90.00 188628 7/8/24 CDA - PER DIEM MVC 8/23/2024 75.00 170101 11/3/21 VOID WARRANT NUMBER 170101 MVC 8/23/2024 75.00 170101 11/15/21 VOID WARRANT NUMBER 170101 MVC 8/23/2024 90.00 182975 9/11/23 VOID WARRANT NUMBER 182975 MVC 8/23/2024 90.00 183612 10/17/23 VOID WARRANT NUMBER 183612 Page 3 Report For: ToReport Basis:Percent of Year: Actual For Tran Date Bdgt - Act Difference01/2024 - 09/2024 - - - - 10/2/2024 Actual ForType2024 BUDGET EXPENDITURE GUIDELINE Otter Tail County Auditor 9/61 EAt PctReportCode1 2:54:49PM DGODEL 01/2024 09/2024Cash 75% 09/2024War# 8 Char Invoice# Description Copyright 2010-2022 Integrated Financial Systems MVC 8/23/2024 180.00 184301 VOID WARRANT NUMBER 184301 MVC 8/23/2024 180.00 184649 VOID WARRANT NUMBER 184649 MVC 8/23/2024 180.00 185248 VOID WARRANT NUMBER 185248 MVC 8/23/2024 180.00 185976 VOID WARRANT NUMBER 185976 MVC 8/23/2024 90.00 175987 7/6/22 VOID WARRANT NUMBER 175987 MVC 8/23/2024 900.00 177362 VOID WARRANT NUMBER 177362 MVC 8/23/2024 90.00 177580 11/17/22 VOID WARRANT NUMBER 177580 MVC 8/23/2024 270.00 181466 VOID WARRANT NUMBER 181466 MVC 8/23/2024 180.00 181994 VOID WARRANT NUMBER 181994 MVC 8/23/2024 90.00 182657 8/15/23 VOID WARRANT NUMBER 182657 MVC 8/23/2024 75.00 170493 12/1/21 VOID WARRANT NUMBER 170493 MVC 8/23/2024 90.00 174711 1/7/22 VOID WARRANT NUMBER 174711 MVC 8/23/2024 90.00 174711 2/23/22 VOID WARRANT NUMBER 174711 MVC 8/23/2024 90.00 174711 4/6/22 VOID WARRANT NUMBER 174711 MVC 8/23/2024 90.00 174711 5/4/22 VOID WARRANT NUMBER 174711 MVC 8/23/2024 90.00 174711 6/1/22 VOID WARRANT NUMBER 174711 MVC 8/23/2024 75.00 169739 8/4/21 VOID WARRANT NUMBER 169739 MVC 8/23/2024 75.00 169739 9/8/21 VOID WARRANT NUMBER 169739 MVC 8/23/2024 75.00 169739 10/6/21 VOID WARRANT NUMBER 169739 COM 8/27/2024 90.00 306307 7/8/24 CDA - PER DIEM COM 8/27/2024 90.00 306307 7/16/24 CDA - PER DIEM AUD 8/30/2024 3,420.00 306309 8/30/24 REISSUANCE OF CANCELED CHECKS COM 9/10/2024 90.00 306333 8/20/24 CDA - PER DIEM COM 9/10/2024 90.00 306330 8/12/24 CDA - PER DIEM COM 9/10/2024 90.00 306333 8/7/24 CDA - PER DIEM COM 9/10/2024 90.00 306330 8/20/24 CDA - PER DIEM COM 9/10/2024 90.00 306331 8/7/24 CDA - PER DIEM COM 9/10/2024 90.00 189391 8/20/24 CDA - PER DIEM COM 9/10/2024 90.00 189396 8/7/24 CDA - PER DIEM COM 9/10/2024 90.00 306331 8/20/24 CDA - PER DIEM COM 9/10/2024 90.00 189396 8/20/24 CDA - PER DIEM COM 9/10/2024 90.00 189394 8/6/24 CDA - PER DIEM COM 9/10/2024 90.00 306329 8/12/24 CDA - PER DIEM COM 9/10/2024 90.00 189394 8/20/24 CDA - PER DIEM COM 9/10/2024 90.00 189391 8/6/24 CDA - PER DIEM 23-705-000-0000-6240 7,220.24 209,000 1,779.76Publishing & Advertising 0.00 COM 1/23/2024 700.00 185081 3609J BILLBOARD ADVERTISING Q1 2024 COM 1/23/2024 79.76 185128 900419 ACCT 64615 HOUSING SUMMIT COM 4/9/2024 1,000.00 186538 CN-1390 BIG BUILD AD IN MAGAZINE Page 4 Report For: ToReport Basis:Percent of Year: Actual For Tran Date Bdgt - Act Difference01/2024 - 09/2024 - - - - - - - - - - - - - - - - - - - 10/2/2024 Actual ForType2024 BUDGET EXPENDITURE GUIDELINE Otter Tail County Auditor 10/61 EAt PctReportCode1 2:54:49PM DGODEL 01/2024 09/2024Cash 75% 09/2024War# 8 Char Invoice# Description Copyright 2010-2022 Integrated Financial Systems 23-705-000-0000-6241 930.00 815,000 4,070.00Membership Dues 0.00 COM 1/23/2024 2,500.00 185064 1382 2024 MEMBERSHIP COM 1/23/2024 500.00 185091 12868-24 ID 12868 2024 MAPCED DUES COM 1/30/2024 545.00 185233 2024-13109 2024 MEMBERSHIP DUES COM 1/30/2024 525.00 185250 12000 BAM/LRBA/NAHB 2024 DUES 23-705-000-0000-6242 667.50 672,000 1,332.50Registration Fees 292.50 AUD 1/26/2024 225.00 185205 1/26/24 AB - TRAINING REGISTRATION COM 6/25/2024 365.00 187892 253 ACCT 14789 2024 SUMMER CONF COM 6/25/2024 400.00 187892 R2288 ACCT 13109 2024 WINTER CONF COM 6/25/2024 50.00 187892 305 ACCT 16035 2024 SUMMER CONF COM 9/10/2024 267.50 189327 110088 ACCT 325944 REGISTRATION AUD 9/20/2024 25.00 189512 9/20/24 AB - REGISTRATION 23-705-000-0000-6266 1,148.00 502,300 1,152.00Audit Cost 0.00 COM 8/27/2024 1,152.00 189110 72326 AUDIT SERVICES 7/19/23-7/16/24 23-705-000-0000-6290 176,652.21 41300,140 123,487.79Contracted Services.0.00 COM 2/13/2024 612.00 306000 JAN2024 CURRIE'S CONSULT SVCS JAN 2024 COM 3/12/2024 1,168.40 306065 FEB2024 CURRIE'S SERVICES FEB 2024 COM 4/9/2024 1,316.80 306076 MAR2024 CURRIE'S SERVICES MAR 2024 J/E 7/8/2024 120,390.591ST 1/2 2024 CONTRACTED CDA 23-705-000-0000-6330 2,058.34 494,000 1,941.66Mileage548.06 COM 1/30/2024 26.80 185286 1/16/24 CDA - MILEAGE COM 1/30/2024 26.80 185257 1/16/24 CDA - MILEAGE COM 1/30/2024 25.46 185248 1/16/24 CDA - MILEAGE COM 1/30/2024 53.60 185288 1/16/24 CDA - MILEAGE COM 3/12/2024 26.80 186043 2/20/24 CDA - MILEAGE COM 3/12/2024 53.60 186049 2/20/24 CDA - MILEAGE COM 3/12/2024 26.80 186043 2/6/24 CDA - MILEAGE COM 3/12/2024 25.46 185976 2/20/24 CDA - MILEAGE COM 3/12/2024 53.60 186047 2/20/24 CDA - MILEAGE COM 3/12/2024 26.80 185995 2/20/24 CDA - MILEAGE COM 4/9/2024 26.80 186563 3/13/24 CDA - MILEAGE COM 4/9/2024 26.80 186563 3/5/24 CDA - MILEAGE COM 4/9/2024 53.60 186566 3/13/24 CDA - MILEAGE COM 4/9/2024 53.60 186566 3/6/24 CDA - MILEAGE COM 4/9/2024 53.60 186569 3/6/24 CDA - MILEAGE COM 5/7/2024 53.60 187081 4/3/24 CDA - MILEAGE COM 5/7/2024 61.64 187078 4/16/24 CDA - MILEAGE COM 5/7/2024 26.80 187077 4/16/24 CDA - MILEAGE COM 5/7/2024 26.80 187077 4/2/24 CDA - MILEAGE Page 5 Report For: ToReport Basis:Percent of Year: Actual For Tran Date Bdgt - Act Difference01/2024 - 09/2024 10/2/2024 Actual ForType2024 BUDGET EXPENDITURE GUIDELINE Otter Tail County Auditor 11/61 EAt PctReportCode1 2:54:49PM DGODEL 01/2024 09/2024Cash 75% 09/2024War# 8 Char Invoice# Description Copyright 2010-2022 Integrated Financial Systems COM 5/7/2024 53.60 187079 4/16/24 CDA - MILEAGE COM 5/7/2024 26.80 187043 4/16/24 CDA - MILEAGE COM 5/7/2024 53.60 187079 4/3/24 CDA - MILEAGE COM 5/7/2024 25.46 187028 4/16/24 CDA - MILEAGE COM 5/28/2024 26.80 187517 5/20/24 CDA - MILEAGE COM 5/28/2024 25.46 187488 5/20/24 CDA - MILEAGE COM 5/28/2024 26.80 187517 5/15/24 CDA - MILEAGE COM 5/28/2024 53.60 187519 5/1/24 CDA - MILEAGE COM 5/28/2024 53.60 187521 5/20/24 CDA - MILEAGE COM 7/9/2024 26.80 188255 6/18/24 CDA - MILEAGE COM 7/9/2024 26.80 188223 6/18/24 CDA - MILEAGE COM 7/9/2024 25.46 188191 6/18/24 CDA - MILEAGE COM 7/9/2024 26.80 188255 6/4/24 CDA - MILEAGE COM 7/30/2024 26.80 188679 7/16/24 CDA - MILEAGE COM 7/30/2024 26.80 188710 7/2/24 CDA - MILEAGE COM 7/30/2024 53.60 188712 7/11/24 CDA - MILEAGE COM 7/30/2024 53.60 188712 7/16/24 CDA - MILEAGE COM 7/30/2024 26.80 188710 7/16/24 CDA - MILEAGE MVC 8/23/2024 25.46 185976 2/20/24 VOID WARRANT NUMBER 185976 MVC 8/23/2024 25.46 185248 1/16/24 VOID WARRANT NUMBER 185248 MVC 8/23/2024 24.89 184649 12/18/23 VOID WARRANT NUMBER 184649 MVC 8/23/2024 24.89 184301 11/21/23 VOID WARRANT NUMBER 184301 MVC 8/23/2024 24.89 183612 10/17/23 VOID WARRANT NUMBER 183612 MVC 8/23/2024 22.23 174711 4/6/22 VOID WARRANT NUMBER 174711 MVC 8/23/2024 22.23 174711 5/4/22 VOID WARRANT NUMBER 174711 MVC 8/23/2024 22.23 174711 1/7/22 VOID WARRANT NUMBER 174711 MVC 8/23/2024 22.23 174711 2/23/22 VOID WARRANT NUMBER 174711 MVC 8/23/2024 21.28 169739 8/4/21 VOID WARRANT NUMBER 169739 MVC 8/23/2024 21.28 169739 9/8/21 VOID WARRANT NUMBER 169739 MVC 8/23/2024 24.89 182657 8/15/23 VOID WARRANT NUMBER 182657 MVC 8/23/2024 24.89 181994 7/18/23 VOID WARRANT NUMBER 181994 MVC 8/23/2024 23.75 177580 11/17/22 VOID WARRANT NUMBER 177580 MVC 8/23/2024 140.03 177362 VOID WARRANT NUMBER 177362 MVC 8/23/2024 45.63 175987 7/6/22 VOID WARRANT NUMBER 175987 MVC 8/23/2024 22.23 174711 6/1/22 VOID WARRANT NUMBER 174711 MVC 8/23/2024 21.28 169739 10/6/21 VOID WARRANT NUMBER 169739 COM 8/27/2024 25.46 306307 7/16/24 CDA - MILEAGE AUD 8/30/2024 559.77 306309 8/30/24 REISSUANCE OF CANCELED CHECKS COM 9/10/2024 26.80 189391 8/6/24 CDA - MILEAGE Page 6 Report For: ToReport Basis:Percent of Year: Actual For Tran Date Bdgt - Act Difference01/2024 - 09/2024 - - - - - - - - - - - - - - - - - - 10/2/2024 Actual ForType2024 BUDGET EXPENDITURE GUIDELINE Otter Tail County Auditor 12/61 EAt PctReportCode1 2:54:49PM DGODEL 01/2024 09/2024Cash 75% 09/2024War# 8 Char Invoice# Description Copyright 2010-2022 Integrated Financial Systems COM 9/10/2024 26.80 306331 8/20/24 CDA - MILEAGE COM 9/10/2024 53.60 189396 8/20/24 CDA - MILEAGE COM 9/10/2024 53.60 306333 8/20/24 CDA - MILEAGE COM 9/10/2024 26.80 189391 8/20/24 CDA - MILEAGE COM 9/10/2024 25.46 306330 8/20/24 CDA - MILEAGE COM 9/10/2024 53.60 306333 8/7/24 CDA - MILEAGE COM 9/24/2024 281.40 189675 9/12/24 MILEAGE - DEED SUMMIT 23-705-000-0000-6331 5,615.90 207,000 1,384.10Travel Expenses 279.27 AUD 2/23/2024 497.88 185619 2/23/24 AB - LODGING COM 3/12/2024 122.50 185944 1/16/24 MEALS - CDA BOARD MTG 1/16/24 COM 3/12/2024 87.50 185944 2/20/24 MEALS - CDA BOARD MTG 2/20/24 COM 3/12/2024 122.50 185944 11/21/23 MEALS - CDA BOARD MTG 11/21/23 COM 5/7/2024 61.25 187000 4/16/24 HRA/CDA BOARD MTG APR 2024 COM 5/28/2024 70.00 187474 5/20/24 MEALS FOR CDA BOARD MTG 5/20 COM 7/9/2024 53.70 188152 6/18/24 FOOD FOR HRA/CDA BOARD MTG COM 7/30/2024 89.50 188650 7/16/24 LUNCHES FOR BOARD MTG COM 9/10/2024 80.55 189303 8/20/24 LUNCHES FOR CDA BOARD MTG COM 9/24/2024 10.00 189675 9/12/24 PARKING - DEED SUMMIT COM 9/24/2024 188.72 189675 9/12/24 LODGING - DEED SUMMIT 23-705-000-0000-6355 331.00 1142,400 2,731.00Liability Insurance 0.00 COM 1/23/2024 2,731.00 185097 20062R ACCT 7639 PC RENEWAL 23-705-000-0000-6822 200,000.00 0200,000 0.00Community Growth Partnership Grant 0.00 AUD 4/26/2024 10,000.00 306083 2024-3 CDA GRANT REIMBURSEMENT J/E 5/17/2024 10,000.00CORR GRANT REIMB EXPENSE APRIL 23-705-000-0000-6827 36,287.50 0036,287.50Battle Lake Youth Center Redevelopment 0.00 COM 3/12/2024 35,800.00 186013 19992 DEMO BLDG/COMPACT/GRADE FILL COM 3/26/2024 487.50 186296 2024-103 OTCDA56537 MOU SERVICE 23-705-000-0000-6828 36,935.58 0036,935.58Pelican Highway Site Development 0.00 AUD 1/5/2024 30.81 305864 DEC2023 ACCT 02-00000871-00-0 COM 1/9/2024 371.00 184912 109190 UPDATE ABSTRACT - PR GARAGE AUD 1/26/2024 172.45 185200 1/11/24 ACCT 81747985687 AUD 2/9/2024 77.83 185383 1/22/24 ACCT 20084190 AUD 2/9/2024 32.81 305998 JAN2024 ACCT 0200000871000 UTILITIES AUD 2/29/2024 69.07 185856 2/20/24 ACCT 20084190 AUD 2/29/2024 168.00 185853 2/9/24 ACCT 81747985687 AUD 3/8/2024 138.13 306061 FEB2024 ACCT 02-00000871-00-0 COM 3/12/2024 528.00 185978 2589 MATTER 24-10428 PLAT FEES AUD 3/22/2024 83.25 186127 3/11/24 ACCT 81747985687 COM 3/26/2024 30.00 186218 3/7/24 BURN PERMIT FOR TREE REMOVAL Page 7 Report For: ToReport Basis:Percent of Year: Actual For Tran Date Bdgt - Act Difference01/2024 - 09/2024 - - - - 10/2/2024 Actual ForType2024 BUDGET EXPENDITURE GUIDELINE Otter Tail County Auditor 13/61 EAt PctReportCode1 2:54:49PM DGODEL 01/2024 09/2024Cash 75% 09/2024War# 8 Char Invoice# Description Copyright 2010-2022 Integrated Financial Systems COM 3/26/2024 4,680.00 186169 3/16/24 SURVEYING 76000220022001 AUD 3/28/2024 80.15 186347 3/20/24 ACCT 20084190 AUD 4/5/2024 41.66 306072 MAR2024 ACCT 02-00000871-00-0 AUD 4/5/2024 62.75 186378 3/28/24 ACCT 81747985687 FINAL COM 4/9/2024 190.00 306078 4/9/24 APPLICATION FEE - PINEWOOD EST AUD 4/12/2024 19.43 186612 4/3/24 ACCT 20084190 FINAL COM 5/7/2024 176.32 187035 99310 ACCT 36093 ASBESTOS ANALYSIS MVC 5/21/2024 83.25 186127 3/11/24 VOID WARRANT NUMBER 186127 COM 5/21/2024 297.67 187232 DE7A995F-0001 TIF PUBLIC HEARING NOTICE COM 5/21/2024 208.00 187263 3179 24-10428 TITE CORRECTIONS AUD 5/24/2024 101.50 187401 5/10/24 ACCT 81747985687 PLUS LATE FEE COM 5/28/2024 23,210.00 187495 280 DEMO HWY GARAGE BUILDING COM 5/28/2024 6,250.00 187475 97629 TIF DISTRICT CREATION 23-705-000-7001-6828 6,250.00 006,250.00Site Development (TIF)0.00 COM 6/25/2024 6,250.00 187894 97957 TIF DISTRICT CREATION 23-705-000-7001-6829 217.08 00217.08Impact Fund Expenses 0.00 COM 6/25/2024 142.08 187929 11322555 ACCT 9029015217 DOC TRANSLATE COM 6/25/2024 75.00 187859 5/28/24 INTERPRETING SERVICE 706 NON SPECIAL BENEFIT LEVY PROGRAMMING 000 ... 23-706-000-0000-6240 1,000.00 01,000 0.00Publishing & Advertising 0.00 23-706-000-0000-6250 500.00 05000.00Electric0.00 23-706-000-0000-6251 400.00 04000.00Gas And Oil - Utility 0.00 23-706-000-0000-6252 600.00 06000.00Water And Sewage 0.00 23-706-000-0000-6290 36,717.50 2750,000 13,282.50Contracted Services 1,000.00 COM 1/9/2024 881.25 184874 2281 APPLICATION SUPPORT DEC 2023 COM 1/9/2024 420.00 184934 6207310 TAX ABATEMENT SVCS NOV 2023 COM 4/9/2024 1,000.00 186596 R-023674-000-1 GRANT PROGRAM MGMT OCT 2023 COM 4/9/2024 1,000.00 186596 R-023674-000-4 GRANT PROGRAM MGMT JAN 2024 COM 5/21/2024 1,000.00 187387 R-023674-000-6 GRANT PROGRAM MGMT SVCS COM 5/28/2024 1,000.00 187533 R-023674-000-5 GRANT PROGRAM MGMT FEB 2024 COM 6/25/2024 1,000.00 188014 R-023674-000-7 GRANT REVIEW SERVICES APR 2024 COM 7/9/2024 2,000.00 188300 R-023674-000-2 GRANT PROGRAM MGMT NOV 2023 COM 7/9/2024 1,500.00 188300 R-023674-000-3 GRANT PROGRAM MGMT DEC 2023 COM 7/23/2024 1,000.00 188566 R-023674-000-8 GRANT PROGRAM MGMT MAY 2024 COM 8/13/2024 1,000.00 188923 R-023674-000-9 GRANT PROGRAM MGMT JUN 2024 ...412,289.83 225,218.97544,800.00 319,581.03 ECONOMIC DEVELOPMENT/TOURISM 412,289.83 225,218.97544,800.00 319,581.03 Page 8 Report For: ToReport Basis:Percent of Year: Actual For Tran Date Bdgt - Act Difference01/2024 - 09/2024 - - - PROGRAM DEPT 10/2/2024 000 705 Actual ForType2024 BUDGET EXPENDITURE GUIDELINE Otter Tail County Auditor 14/61 EAt R-023674-000-10 BB-DPA-2024-02 PctReportCode1 2:54:49PM DGODEL 01/2024 09/2024Cash 75% 09/2024War# 8 Char Invoice# Description Copyright 2010-2022 Integrated Financial Systems COM 8/27/2024 481.25 189060 98710 BONGARDS CONDUIT FINANCING COM 9/10/2024 1,000.00 189432 GRANT PROGRAM MGMT JUL 2024 23-706-000-0000-6822 51,000.00 0051,000.00Community Growth Partnership Grant 0.00 J/E 5/17/2024 10,000.00CORR GRANT REIMB EXPENSE APRIL AUD 6/28/2024 16,000.00 306213 2024-05 CDA GRANT REIMBURSEMENT AUD 7/12/2024 25,000.00 306217 7/12/24 CDA GRANT REIMBURSEMENT 807 SPECIAL ALLOCATION HOUSING PROGRAM 23-706-807-0000-6825 1,080.00 10524,000 25,080.00Down Payment Assistance 0.00 COM 5/21/2024 13,680.00 187179 DPA-2024-01 HEIMER CLOSING COM 8/13/2024 11,400.00 188904 PACHECO CLOSING 23-706-807-0000-6830 30,046.00 0030,046.00Housing Rehabilitation 0.00 COM 5/21/2024 20,000.00 187211 RORL2024-01 25272 530TH AVE, HENNING COM 8/13/2024 46.00 188862 RORL2024-01 RECORDING FEE - HOUSING REHAB COM 8/13/2024 10,000.00 188792 RORL2024-01 P BLASER - FINAL BILL ...1221,000.00 64,282.5052,500.00 11,782.50 SPECIAL ALLOCATION HOUSING PROGRAM 23055,126.0024,000.00 31,126.00 NON SPECIAL BENEFIT LEVY PROGRAMMING 1561,000.00 119,408.5076,500.00 42,908.50 COMMUNITY DEVELOPMENT AUTHORITY 553,289.83 344,627.47621,300.00 276,672.53 553,289.83 344,627.47621,300.00 276,672.53 Page 9 Report For: ToReport Basis:Percent of Year: Actual For Tran Date Bdgt - Act Difference01/2024 - 09/2024 - PROGRAM - - - PROGRAM - DEPT - FUND Final Totals 22 Accounts 10/2/2024 000 807 706 23 Actual ForType2024 BUDGET EXPENDITURE GUIDELINE Otter Tail County Auditor 15/61 EAt DATE: October 10, 2024 TO: CDA Board of Directors FROM: Amy Baldwin, Community Development Director SUBJECT: Director Status Report Housing Growth Initiative / The Big Build: Tax rebate program: 77 applications year-to-date: 12 in Fergus Falls, 5 in Ottertail, 2 in Vergas, 1 in Pelican Rapids, 1 in Dalton, and balance from township areas. Tax Rebate Program application deadline press release distributed to local media and city partners. Communication with key partners regarding the December 31, 2024 application deadline will include local newspapers, email newsletters, social media, city council presentations, and direct outreach. (press release attached) Workforce Support Strategy / OTC Works: September Workforce Convening was attended virtually by 48 people from various employers and workforce partner organizations. Topics of discussion included the Good Jobs Challenge funding, Department of Labor and Industry Apprenticeship Programs, and school plans for Youth Skills Training Grant recipients. The Empowered Worker Program has received seven new referrals since opening the referral process up mid-September. The program is making an important impact, and the following feedback was shared by a Human Services staff member: “yesterday she met with one of my clients who wrote me an email afterward and wrote “Amy is AMAZING and has me extremely excited about working!! It was a good meeting”. It seems Amy has a magic wand and I want her to wave it and sprinkle her magic on all my people! So I just wanted to pass on that to get someone excited about working, is already success in my eyes and I appreciate the program and I appreciate Amy, she really is, as my client says, AMAZING.” See attached monthly report. Child Care: The Fergus Falls area Early Childhood Network held a kickoff resource fair on September 18 for family, center, and classroom-based educators. Information was shared by child care partner organizations about licensing, grant opportunities, technical assistance, and resources for providers. M State’s new lending library, which was supported by a county grant and Child Care Project Managers, was one of the resources highlighted. Business Development: The lender focused event will be held on November 15, with a morning session in Perham and an afternoon session in Fergus Falls. The agenda will be the same at both and will 16/61 > > > > > > 218-998-8060 ® COMMUNITY DEVELOPMENT AGENCY OTTER TAIL COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER LIVE YOUR best life HERE. Government Services Center 520 West Fir Avenue Fergus Falls, MN 56537 @ ottertailcounty.gov Page 2 include information on SBA programs, West Central Initiative and local loan programs, and Small Business Development Center resources. Other: Park Region was notified that they were awarded a grant through the Low Density Broadband Grant award from the State of Minnesota in the amount of $3,700,198. The total project is just under $5,000,000 and will provide service to a large area in southwest County that is sparsely populated: Attachments: Rebate Program Deadline Press Release Empowered Worker Monthly Report 17/61 > > > FOR IMMEDIATE RELEASE Application deadline approaching for Otter Tail County Property Tax Rebate Program October 3, 2024 – Otter Tail County, MN – The deadline for homebuilders to apply to the Otter Tail County Property Tax Rebate Program is December 31, 2024. Approved applicants would have until the end of 2025 – one year after approval – to begin construction on their new home. The Property Tax Rebate Program provides financial support for the construction of a new home in Otter Tail County in the form of rebated, or refunded, property taxes. The December 31, 2024 application submission deadline will not impact homeowners and builders previously approved for the program. Following application approval, homeowners or builders receive rebates up to $10,000 of the County’s portion and $5,000 of the City’s portion of future property taxes. The rebated property taxes are paid to homeowners after the home is built for up to five years. The Property Tax Rebate Program was launched in late 2019 as a limited-term program and is one component of the County’s Big Build Initiative for housing growth and investment. The program was created specifically to encourage new investment and construction of single and two-family homes. With more than 350 applications from across the County, the Property Tax Rebate Program has seen great success. Otter Tail County Board Chair Kurt Mortenson shared, “We are thrilled with the success of the Property Tax Rebate Program and the resulting housing growth throughout the County. The efforts for housing growth and investment have only grown since 2019, and I look forward to the continued work of the CDA and HRA to meet housing needs of existing and new residents.” While this program is coming to an end, housing growth continues to be a countywide priority to address workforce needs and existing residents’ needs. Since the launch of the Big Build Initiative in 2019, there has been a significant expansion of housing resources and project capacity available through the County via the Community Development Agency (CDA) and Housing and Redevelopment Authority (HRA). The CDA and HRA have developed additional housing programs to support multi-family housing growth, rehabilitation, and affordable housing development. Applications to the Property Tax Rebate Program must be submitted before construction starts. Applicants have one year from the approval date to begin construction. To be approved, the new home must become the applicant’s primary residence when construction is complete. More information about how to apply for the tax rebate before the December 31, 2024, deadline can be found at bigbuildotc.com. Additionally, information about the Big Build Initiative and County housing programs can also be found at bigbuildotc.com. ### 18/61 LIVE YOUR best life HERE Communications & Public Relations • 520 W. Fir Avenue • Fergus Falls, MN 56537 • 218-998-8058 • ottertailcounty.gov CDA Workforce Committee Update Empowered Worker Program Date: October 1, 2024 24 referrals received to date. Participants Seeking Employment Only: 5 Participants Seeking Training and Employment: 19 Program Eligibility/Barriers to Success: Summary: The Empowered Worker Program re-opened referral intake on September 11 and received five additional referrals, bringing the total referral county to 24. At the end of the initial intake meeting, each participant has a written individual plan carefully mapped out with help from the workforce navigator. Each participant also achieves progress at his/her own pace. Participants are provided steps to achieve unique training and employment goals and are expected to act on those steps and check back in with the workforce navigator on progress and follow up. Of the initial 24 referrals, 13 are actively engaged corresponding with the workforce navigator on a daily to weekly basis. Eight of the referrals, who were referred before referral filters were put in place, are not engaged and likely should not have been referred. Three referrals are not responding to initial communication to schedule an intake meeting. 1 4 4 2 2 1 6 3 1 0 1 2 3 4 5 6 7 Human Services - Adult Mental Health Human Services - Children & Family Human Services - Disability Unit Human Services - DWI Court Human Services - PSOP MN DOC Probation Human services - Jail Human Services - Economic Assistance REFERRAL SOURCE 17 5 13 19 0 5 10 15 20 Participant CountBarriers to Employment Count of Has a criminal record Count of Has a disability Count of Unstable housing Count of Income at or below 200% of theFederal Poverty Guideline 19/61 I I I I I I I I I I I I I I I I I I I I I ■ ■ ■ ■ Supportive Services Provided to date: • Laptop Computer (4) • Cell Phone (2) • Gas Card (4) • Vendor Incentive Card • Internet Bill (2) • Transportation • Auto Repair (2) • Electric Bill • Phone Bill • Incentive Gift Card (2) • Copy of Birth Certificate (4) • School Supplies • Work Clothes (2) Credentials Enrolled or In Progress: Credential Status Projected Completion Date Funding Source CDL In Process 10/15/24 D45 CDL In Process 11/01/24 D45 CDL In Process 11/01/24 D45 Medical Coding Classes started 8/26 05/09/26 NTRA IRS Enrolled Agent Testing 01/01/24 NTRA Boiler Operator License Prep Coursework 11/01/24 NTRA Job Shadows Completed and Scheduled: Otter Tail Power, Line Personnel – Complete Lake Region Healthcare – Scheduled Perham Health - Scheduled Job Placements Pending (In conversation with Employer): Brunswick, NYM Operation – Welder Smith & Sem, Fergus Falls – Enrolled Agent Mark, Sand, and Gravel – CDL Green Plains, Fergus Falls – Boiler Operator Vector Windows – manufacturing floor Perham Health – Food Service 20/61 Workforce Support & Digital Equity Committee Meeting Notes Date/Time: October 1 @ 9am Committee members: Kurt Mortenson (in person), Betsy Roder (virtual) Outline of key actions discussed: 1. Empowered Worker Program update a. Received five participant referrals since re-opening referral process on September 11 b. Workforce Navigator presented to internal departments for a second time to continue building awareness of the program c. Participants have been thankful for the support that the Workforce Navigator provides d. Growing number of participants enrolled in training, doing job shadows, and pursuing job placements 2. Discussion of child care grant and project opportunities a. DEED Child Care Economic Development Grant Program is open for applications until October 31 i. Staff is waiting for clarification on whether acquisition of property is an eligible use of grant funds ii. Committee was supportive of offering five percent cash match up to $10,000 for local applications b. Staff is collaborating with Fergus Falls employers interested in relocating/creating special family child care “pods” in existing building on Pebble Lake Road in Fergus Falls c. Staff had conversations with center providers about needs and potential projects that align with grant opportunities from DEED 3. Resident Recruitment and University of Minnesota Gopher Athletics partnership update a. Staff attended a career fair for Gopher student athletes on September 30 to network with student athletes/career services staff and promote Otter Tail County as a great place to work after graduation Next meeting: Tuesday, November 5 @ 9am 21/61 218-998-8060 @ COMMUNITY DEVELOPMENT AGENCY OTTER TAIL COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER LIVE YOUR best life HERE. Government Services Center 520 West Fir Avenue Fergus Falls, MN 56537 @ ottertailcounty.gov Business Development Committee Meeting Notes Date/Time: October 2 @ 2pm Committee members: Dave Schornack (virtual), Val Martin (virtual) Outline of key actions discussed: 1. Lender Convening update a. Save the date email was distributed to banker and city economic development partners list on October 1 b. Promotion of the event will include mailed post card invitations, local outreach, and email 2. Review Community Growth Partnership Grant applications from Pelican Rapids and Vergas a. Both communities applied for grant funds to create local Commercial Rehab Programs b. Both communities have match funding sources to meet the one-to-one match requirement c. Program guidelines were modeled after similar program in New York Mills, which received Community Growth Partnership funding previously d. Committee was supportive of applications and recommended approval to the CDA Board 3. Discussion of business development project to leverage DEED Community Energy Transition Grant a. Collaborate with the City of Fergus Falls on a grant application for the acquisition, demolition, and redevelopment of the Westridge Mall b. Ongoing conversations with staff and elected officials at the City of Fergus Falls on grant application, purchase agreement with existing owner, and granting CDA jurisdiction c. Committee was supportive of Community Energy Transition Grant application and excited about the possibilities of the project 4. Discussion of agriculture business resources including AgriGrowth, AURI, and USDA programs Next meeting: Wednesday, November 6 @ 2pm 22/61 218-998-8060 ® COMMUNITY DEVELOPMENT AGENCY OTTER TAIL COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER LIVE YOUR best life HERE. Government Services Center 520 West Fir Avenue Fergus Falls, MN 56537 @ ottertailcounty.gov social 74.4% google search 20.8% digital ads 4.5% output Hosted 3 Gopher NIL visits, 8 students total Hosted Goldy’s Lake Life WinnerWent to Gopher FB openerattended Gopher Athlete Career Fair continued Google search ad campaign hosted Digital Marketing Summithosted member consult featured in Minn Post article magazine: distribution 99% completesocial audience size37,061 Awareness = did people see it? total impressions: 20,623,446 social media: google search: newsletter: 15,346,307 4,281,488 69,596 digital ads:926,055 organic social posts: blogs/press releases: 2,490 73 7 events on calendar:1,041 magazine requests: newsletters: 1,306 outcomes ON THE MAP metrics report: 1/1/24 - 9/30/24 78% vs. 2023 53% social media is 90% organic (free attention) Q3 highlights 32,227 Jan 2024 15% 23/61 ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• t • • • • • • • • • ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• t t social 70.6% website page views 24.3% ads 3.1% website events 31% social ads 29.1% newsletter 27.6% member website 12.2% 3RD QUARTER ON THE MAP metrics report: 1/1/24 - 9/30/24 Awareness = did people see it? total impressions: 20,623,446 social media: google search: newsletter: 15,345,307 4,281,488 69,596 digital ads:926,055 total engagement: 850,470 social media: website page views : newsletter: 574,112 247,082 22,955 digital ads:6,321 Consideration = did they care? paid social media: website actions: newsletter: 6,524 6,468 6,255 member website clicks:2,395 Conversion = did they act? - bottom funnel total actions: 21,642 81% vs. 2023 35% 30% vs. 2023 33% social 74.4% google search 20.8% digital ads 4.5% 24/61 t t ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• t t ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• OTTER TAIL COUNTY COMMUNITY DEVELOPMENT AGENCY REQUEST FOR BOARD ACTION October 15, 2024 BOARD MEETING DATE AGENDA ITEM #5A Amy Baldwin 10/10/2024 REQUESTOR’S SIGNATURE/DATE BOARD ACTION REQUESTED Authorize approval of the grant request and direct staff to prepare necessary agreement with the City of Vergas for signature PROPOSED REQUEST/JUSTIFICATION An application has been submitted for the CDA’s Community Growth Partnership Grant Program from the City of Vergas. Following is a summary of the application; attached is the application.  City of Vergas – Business Façade Improvement Program o Project overview: The City is seeking a grant in the amount $25,000 to support the establishment of a fund that would be available to businesses in the downtown area to use to enhance their store fronts and other projects that will benefit the community. Matching funds for the program would be provided through a $15,000 CEDA grant as well as contributions in the amount of $5,000 each from the Vergas Community Club and Vergas State Bank. o Requested amount: $25,000 o Attached are the proposed guidelines; the eligible uses indicated are consistent with the uses allowed based on the source of CDA grant funding. Applicants to the Vergas program would be required to provide their own matching funds on a $1 to $1 basis as well. The funding would be structured as a forgivable loan, forgiven at a rate of 20% per year for five years. Commercial rehabilitation is a permitted use of the funds. The Business Development Committee reviewed at its October 2 committee meeting and recommended approval. Staff also recommends approval. PREVIOUS ACTION ON REQUEST/OTHER PARTIES ADVISED: EXECUTIVE DIRECTOR DATE: Amy Baldwin 10/10/2024 ATTACHMENT LIST: a. Application b. Draft Program Guidelines FINANCIAL IMPLICATIONS: TBD BUDGETED: X YES NO FUNDING: Community Growth Partnership Program Funds COMMENTS 25/61 OTTER TAIL COUNTY - MINNESOTA Community Growth Partnership Grant Application GENERAL INFORMATION Project Name: Project Type: Planning Activity Affordable Housing Redevelopment Commercial Rehabilitation Public Infrastructure Applicant City/Township: Application Contact: Application Contact Email Address: Phone Number: Project Contact (if different): Project Contact Email Address: Phone Number: Authorized City/Township Official(s) for Execution of Contract (name and title): How much funding is being requested? $ Please provide a brief statement summarizing the proposal that will be reviewed as part of the approval process. Include in the summary where this project is in the process (i.e., City process, site control, etc.). 26/61 218-998-8730 @ □ □ COMMUNITY DEVELOPMENT AGENCY □ □ □ OTTER TAIL COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER Government Services Center 520 West Fir Avenue Fergus Falls, MN 56537 @ ottertailcounty.gov COMMERCIAL REHABILITATION GRANT QUESTIONS 1.Is the application for a locally administered rehab program or private commercial rehab project? Locally administered rehab program Private commercial rehab project 2.If a locally administered program: Describe the rehabilitation program for which funds are beingrequested. Who will administer the program? Is this an existing program? Please attach proposedprogram guidelines. 3.If a private commercial rehab project: Describe the rehabilitation project for which funds are beingrequested. Describe the work planned. Please attach estimates for the proposed project. 4.Describe how the proposed program/project will benefit the community or area in which it is located,including direct and indirect employment benefits, effects on the tax base (if any), and benefits to otherbusinesses. 5.Leverage: List all sources and uses of funding for the Commercial Rehabilitation request. Source of Funds Amount Committed Pending $ $ $ $ Total: 27/61 □ 218-998-8730 @ COMMUNITY DEVELOPMENT AGENCY □ OTTER TAIL COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER Government Services Center 520 West Fir Avenue Fergus Falls, MN 56537 @ ottertailcounty.gov Itemized Use of Funds/Expenses Amount Funding Source $ $ $ $ Total: 28/61 218-998-8730 @ COMMUNITY DEVELOPMENT AGENCY OTTER TAIL COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER Government Services Center 520 West Fir Avenue Fergus Falls, MN 56537 @ ottertailcounty.gov Vergas Economic Development Authority (EDA) Business Facade Improvement Program Purpose: The purpose of the Business Facade Improvement Grant Program is to establish a fund to assist building owners with the implementation of the vision for Downtown of Vergas, which is to encourage continuation of a viable downtown by allowing prime retail sales and service uses, office, entertainment facilities, public and semi-public uses, and in special circumstances, residential use; and to preserve and build on the historic character of the downtown using the historic and natural resources available to create a tourist destination as well as to provide a unique blend of retail and service businesses for the convenience of local residents. “Downtown” is defined as the greater business community of Vergas. Duration: Matching grants (forgivable loans) may be made under these policies to the extent funds are available, as allocated to the fund by the Vergas Economic Development Authority. Eligible Applicants: Applicants may include building owners and tenants of downtown businesses in Vergas. Applicants may be individual owners, partnerships, corporations, tenant operators or contract for deed purchasers of property within Downtown of Vergas. Each applicant must provide all documentation of entity status requested on the application form. The property, upon which the improvements will be made, must be of a conforming use or legal non- conforming use under the Vergas Zoning Ordinance. Matching grants are available to properties within appropriate Zoning Districts which are making visible changes to the facades or exteriors of buildings including parking and landscaping improvements as defined by the Zoning Administrator. Required Match: All applicants must provide matching funds on a minimum 1:1 ratio for grants up to $5,000. Eligible Uses: Matching grant dollars may be used for improvements to the exterior of buildings including brick replacement and repair, window and door replacement/repair, awnings and signs, exterior steps/entrances, landscaping and parking. Interior renovations may be approved on a case by case basis. Number of Grants: Each applicant is generally eligible for one matching grant per calendar year; exceptions to be made by the Vergas EDA and City Council. Size of Grant: To the extent funds are available, the EDA may offer up to five $5,000 matching grants for projects with a total cost of at least $10,000. Dollar amounts are subject to change and can be reallocated depending on the amount budgeted and project proposed. Design Standards: All projects must meet the criteria identified in the Vergas Zoning Ordinances and approved by the Zoning Administrator. 29/61 Project Commencement: Projects utilizing the matching grant program may not begin prior to approval of the Design review, approval of the matching grant or issuance of a building permit. Grant Payments: Applicants shall submit a copy of the invoice for the matching grant related improvement to the City. Grant payments shall typically be made directly to the owner / tenant after verification of completion of the work or supplying the product, following certification or inspection of the approved project by the City in accordance with the Zoning Ordinance and other city regulations. Under no circumstances will work completed prior to approval of the application be allowed to qualify for funds. Timing of Approval of Funds: To be considered for approval in the same month, please have applications submitted to the City Office no later than the first of the month. Applications will be reviewed by the City Clerk, then sent to the EDA board for approval, with the final approval coming from the City Council. Timing of Use of Grant Funds: Applicants shall have one (1) year to complete the project and have applicant’s contractor(s) receive the matching grant disbursements from the date that the matching grant received approval from the City of Vergas City Council. If the project is not started or completed within the allocated time frame a written notice to the City of Vergas EDA shall be provided as to the reasons for the delay in the project. The EDA may request an individual to attend a meeting in order to discuss the project in detail again. Once a written response is received from the EDA then one (1) additional year may be granted to continue to use the allocated funds. Security: At the City Council’s discretion, the City Council may require the applicant and property owner (if different from the applicant) to execute a subsidy agreement and promissory note upon the approval of the matching grant. In addition, the City Council may require the property owner to execute a mortgage as security for the repayment pursuant to the terms of the promissory note. Repayment: The amount of the loan (without interest) will be due and payable to the City of Vergas EDA five (5) years following the distribution of loan funds. If; however, the business to which the loan was granted remains in business in the improved building five (5) years following the distribution of loan funds or the applicant transfers ownership to another entity that maintains the business the improved building for at least five years following the distribution of loan funds, the loan shall be forgiven by the Vergas EDA. If the borrower is to sell the building prior to 5 years after the disbursement date, the loan amount will be forgiven 20% for each year since the disbursement. If it is within the first year, funds will be due, unless the borrower sold to an eligible operating entity as determined by the City of Vergas. Conflict of Interest: The applicant shall submit the name(s) of the owner(s), shareholder(s), partner(s), sole proprietor, corporation member(s) or other person(s) or business(es) with any financial interest in the project and its financing in order to preclude any conflict of interest in the loan review and approval process. For More Information: Building owners/tenants interested in applying for the EDA matching grant program may contact the City of Vergas. 30/61 OTTER TAIL COUNTY COMMUNITY DEVELOPMENT AGENCY REQUEST FOR BOARD ACTION October 15, 2024 BOARD MEETING DATE AGENDA ITEM #5B Amy Baldwin 10/10/2024 REQUESTOR’S SIGNATURE/DATE BOARD ACTION REQUESTED Authorize approval of the grant request and direct staff to prepare necessary agreement with the City of Pelican Rapids for signature PROPOSED REQUEST/JUSTIFICATION An application has been submitted for the CDA’s Community Growth Partnership Grant Program from the City of Pelican Rapids. Following is a summary of the application; attached is the application. City of Pelican Rapids – Business Façade Improvement Program o Project overview: The City is seeking a grant in the amount $25,000 to support the establishment of a fund that would be available to businesses in the downtown area to use to enhance their store fronts and other projects that will benefit the community. Matching funds for the program would be provided through the Pelican Rapids EDA in the amount $25,000. o Requested amount: $25,000 o Attached are the proposed guidelines; the eligible uses indicated are consistent with the uses allowed based on the source of CDA grant funding. Applicants to the Pelican Rapids program would be required to provide their own matching funds on a $1 to $1 basis as well. The funding would be structured as a forgivable loan, forgiven at a rate of 20% per year for five years. Commercial rehabilitation is a permitted use of the funds. The Business Development Committee reviewed at its October 2 committee meeting and recommended approval. Staff also recommends approval. PREVIOUS ACTION ON REQUEST/OTHER PARTIES ADVISED: EXECUTIVE DIRECTOR DATE: Amy Baldwin 10/10/2024 ATTACHMENT LIST: a. Application b. Draft Program Guidelines FINANCIAL IMPLICATIONS: TBD BUDGETED: X YES NO FUNDING: Community Growth Partnership Program Funds COMMENTS 31/61 32/61 COMMUNITY DEVELOPMENT AGENCY Government Services Center 520 West Fir Avenue Fergus Falls, MN 56537 OTTER TAIL COUNTY -MINNESOTA Community Growth Partnership Grant Application GENERAL INFORMATION Project Name: Pelican Rapids EDA Business Facade Improvement Program Project Type: 0 Planning Activity 0 Affordable Housing 0 Redevelopment 0 Commercial Rehabilitation O Public Infrastructure Applicant City/Township: City of Pelican Rapids Application Contact: Brent Frazier Application Contact Email Address: brentefrazier@gmail.com Phone Number: 218-850-3770 Project Contact (if different): Jordan Grossman ------------------------- Project Contact Email Address: jordan.grossman@cedausa.com Phone Number: 701-219-3718 Authorized City/Township Official(s) for Execution of Contract (name and title): Brent Frazier, Mayor How much funding is being requested? $ 25,000 -------------------- PI ease provide a brief statement summarizing the proposal that will be reviewed as part of the approval process. Include in the summary where this project is in the process (i.e., City process, site control, etc.). Creation of a public locally administered commercial rehabilitation program. The City EDA recommended the proposed program and this grant application to the City Council who approved both on 9/24/2024. The City currently contracts with Community and Economic Development Associates (CEDA) on annual basis at three days a week. The City has utilized CEDA services since June 2023 and have approved a contract at three days a week for 2025. The CEDA contract provides the City with economic development staffing, gram 218-998-8730 @ OTTER TAIL COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER @ ottertailcounty.gov 33/61 COMMUNITY DEVELOPMENT AGENCY Government Services Center 520 West Fir Avenue Fergus Falls, MN 56537 COMMERCIAL REHABILITATION GRANT QUESTIONS 1. Is the application for a locally administered rehab program or private commercial rehab project? 0 Locally administered rehab program D Private commercial rehab project 2. If a locally administered program: Describe the rehabilitation program for which funds are being requested. Who will administer the program? Is this an existing program? Please attach proposed program guidelines. This Business Facade Improvement Program will be available to businesses in The City of Pelican Rapids. The eligible expenses through this program will be for facade updates and beautification efforts on the exterior of commercial buildings of Pelican Rapids. The program would be a matching forgivable loan program up to $5,000 per applicant. The EDA board a 3. If a private commercial rehab project: Describe the rehabilitation project for which funds are being requested. Describe the work planned. Please attach estimates for the proposed project. 4. Describe how the proposed program/project will benefit the community or area in which it is located, including direct and indirect employment benefits, effects on the tax base (if any), and benefits to other businesses. Some direct benefits of this program would be an increased community pride in Pelican Rapids. A visually appealing businesses district can instill a sense of community identity and belonging. This program will also help businesses improve their brand image. It will help with historic preservation on the multitude of older buildings needing improvements. a 5. Leverage: List all sources and uses of funding for the Commercial Rehabilitation request. Source of Funds Amount Committed Pending The City of Pelican Rapids EDA $25,000 25,000 Otter Tail County CDA $25,000 25,000 $ $ Total: ....... ~,·iJ ,. ~~i'1~ 50,000 , •••• -''.& •. , '.:·~-~~---. • fllll ta ·-' ·>: _7· ·tr .,, 218-998-8730 @ OTTER TAIL COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER @ ottertailcounty.gov 34/61 OTTERTAIL COUNTY -MINNESOTA Itemized Use of Funds/Expenses Local dollars for rehab program Program Match Total: COMMUNITY DEVELOPMENT AGENCY Amount $25,000 $25,000 $ $ 25,000 Government Services Center 520 West Fir Avenue Fergus Falls, MN 56537 Funding Source City of Pelican Rapids EDA Otter Tail County CDA r:'•~•---f•"!;·•·~----~;. 1,.,.'l'' .,,, ,·: -- 218-998-8730 @ OTTER TAIL COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER @ ottertailcounty.gov Pelican Rapids Economic Development Authority (EDA) Business Façade Improvement Program Purpose: The purpose of the Business Façade Improvement Grant Program is to establish a fund to assist building owners with the implementation of the vision for Pelican Rapids, which is to encourage continuation of a viable town by allowing prime retail sales and service uses, office, entertainment facilities, public and semi-public uses, and in special circumstances, residential use; and to preserve and build on the historic character of the town using the historic and natural resources available to create a tourist destination as well as to provide a unique blend of retail and service businesses for the convenience of local residents. This program is intended to be used by the greater business community of Pelican Rapids. Duration: Matching grants (forgivable loans) may be made under these policies to the extent funds are available, as allocated to the fund by the Pelican Rapids Economic Development Authority. Eligible Applicants: Applicants may include building owners and tenants of businesses in Pelican Rapids. Applicants may be individual owners, partnerships, corporations, tenant operators or contract for deed purchasers of property within Pelican Rapids. Each applicant must provide all documentation of entity status requested on the application form. The property, upon which the improvements will be made, must be of a conforming use or legal non-conforming use under the Pelican Rapids Zoning Ordinance. Matching grants are available to properties within appropriate Zoning Districts which are making visible changes to the facades or exteriors of buildings including parking and landscaping improvements as defined by the Zoning Administrator. Required Match: All applicants must provide matching funds on a minimum 1:1 ratio for grants up to $5,000. Eligible Uses: Matching grant dollars may be used for improvements to the exterior of buildings including brick replacement and repair, window and door replacement/repair, awnings and signs, exterior steps/entrances, landscaping and parking. Interior renovations may be approved on a case-by-case basis. Number of Grants: Each applicant is generally eligible for one matching grant per calendar year; exceptions to be made by the Pelican Rapids EDA and City Council. Size of Grant: To the extent funds are available, the EDA may offer up to five $5,000 matching grants for projects with a total cost of at least $10,000. Dollar amounts are subject to change and can be reallocated depending on the amount budgeted and project proposed. Design Standards: All projects must meet the criteria identified in the Pelican Rapids Zoning Ordinances and approved by the Zoning Administrator. Project Commencement: Projects utilizing the matching grant program may not begin prior to approval of the Design review, approval of the matching grant or issuance of a building permit. 35/61 Grant Payments: Applicants shall submit a copy of the invoice for the matching grant related improvement to the City. Grant payments shall typically be made directly to the owner / tenant after verification of completion of the work or supplying the product, following certification or inspection of the approved project by the City in accordance with the Zoning Ordinance and other city regulations. Under no circumstances will work completed prior to approval of the application be allowed to qualify for funds. Timing of Approval of Funds: To be considered for approval in the same month, please have applications submitted to the City Office no later than the first of the month. Applications will be reviewed by the CEDA representative, then sent to the EDA board for approval, with the final approval coming from the City Council. Timing of Use of Grant Funds: Applicants shall have one (1) year to complete the project and have applicant’s contractor(s) receive the matching grant disbursements from the date that the matching grant received approval from the City of Pelican Rapids City Council. If the project is not started or completed within the allocated time frame a written notice to the City of Pelican Rapids EDA shall be provided as to the reasons for the delay in the project. The EDA may request an individual to attend a meeting in order to discuss the project in detail again. Once a written response is received from the EDA then one (1) additional year may be granted to continue to use the allocated funds. Security: At the City Council’s discretion, the City Council may require the applicant and property owner (if different from the applicant) to execute a subsidy agreement and promissory note upon the approval of the matching grant. In addition, the City Council may require the property owner to execute a mortgage as security for the repayment pursuant to the terms of the promissory note. Repayment: The amount of the loan (without interest) will be due and payable to the City of Pelican Rapids EDA five (5) years following the distribution of loan funds. If; however, the business to which the loan was granted remains in business in the improved building five (5) years following the distribution of loan funds or the applicant transfers ownership to another entity that maintains the business the improved building for at least five years following the distribution of loan funds, the loan shall be forgiven by the Pelican Rapids EDA. If the borrower is to sell the building prior to 5 years after the disbursement date, the loan amount will be forgiven 20% for each year since the disbursement. If it is within the first year, funds will be due, unless the borrower sold to an eligible operating entity as determined by the City of Pelican Rapids. Conflict of Interest: The applicant shall submit the name(s) of the owner(s), shareholder(s), partner(s), sole proprietor, corporation member(s) or other person(s) or business(es) with any financial interest in the project and its financing in order to preclude any conflict of interest in the loan review and approval process. For More Information: Building owners/tenants interested in applying for the EDA façade improvement program may contact the CEDA representative. 36/61 OTTER TAIL COUNTY COMMUNITY DEVELOPMENT AGENCY REQUEST FOR BOARD ACTION October 15, 2024 BOARD MEETING DATE AGENDA ITEM #5C Amy Baldwin 10/10/2024 REQUESTOR’S SIGNATURE/DATE BOARD ACTION REQUESTED Consider the following actions associated with the Battle Lake Youth Center Redevelopment: - Call for Public Hearing Regarding the Sale of CDA Property - Authorize Entering inter a TIF Development Agreement for ‘The Lincoln’ - Authorize Gap Loan Application with The Lincoln, LLC PROPOSED REQUEST/JUSTIFICATION The CDA purchased the property at 106-108 N Lincoln Ave in Battle Lake in October 2023 and then the cleared the site to prepare it for redevelopment. A development partner was then solicited, and in February 2024, the CDA entered into an MOU with the City and Highpoint Homes outlining the commitments of each party to advance a potential housing project. In late April, the City of Battle Lake applied for funding in the amount of $495,000 through the Minnesota Housing Workforce Housing Program to support the development of a 10-unit workforce housing project on the CDA owned land. At the April 16, 2024 CDA Board meeting, a Letter of Intent with Highpoint Homes for the sale of the property was authorized, which included a purchase price of $18,600 (the pay 2024 assessed value). Highpoint Homes subsequently established The Lincoln, LLC for the project. The purchase was contingent on the Workforce Housing Program funding award, which the City was notified in late September that it was awarded. The funding is in the form of a deferred/forgivable loan to the City, which will then be passed through to the developer. Additionally, the developer has requested a gap loan through the CDA’s Multi-Family New Construction Loan program. The requested amount is $495,000. The loan would be repaid through an assignment of the developer’s Tax Increment Financing payments. As outlined in the attached Development Agreement, 90% of the new taxes would be available for the loan repayment. The balance of the CDA’s expenses related to acquisition and site preparation ($42,764) will be directly paid through the balance of the available increment, less the City’s administrative direct administrative expenses related to managing the TIF district. Based on the assumptions in projection of how much the project will generate in new taxes for the duration of the district, both obligations will be paid in full within in the 22 years remaining in the redevelopment TIF district. The balance of the project financing will come through a bank mortgage and developer equity. The developer is working to finalize full building plans and intends to start construction as soon as he is able. 37/61 Staff recommends approval of the requested actions. The Housing Committee is reviewing at its October 14 meeting and will provide a recommendation at the board meeting. PREVIOUS ACTION ON REQUEST/OTHER PARTIES ADVISED: - In April 2024, the CDA Housing Committee affirmed support for the gap loan. - The Battle Lake City Council approved the Development Agreement at its October 8 City Council meeting. EXECUTIVE DIRECTOR DATE: Amy Baldwin 10/10/2024 ATTACHMENT LIST: a. Resolution calling for public hearing for the sale of property b. Development Agreement c. Multi Family New Construction Loan Guidelines d. Loan Application FINANCIAL IMPLICATIONS: Use of reserve funds BUDGETED: X YES NO FUNDING: Funds available in the Multifamily New Construction Loan Program COMMENTS 38/61 132429957v1 RESOLUTION 2024- CALLING FOR A PUBLIC HEARING ON THE SALE OF REAL PROPERTY BY THE COMMUNITY DEVELOPMENT AGENCY OF OTTER TAIL COUNTY, MINNESOTA WHEREAS, Minnesota Statutes, Section 469.105 (the "Act"), gives economic development authorities the authority to sell and convey property; and WHEREAS, the Community Development Agency of Otter Tail County, Minnesota (the "CDA"), having the powers of an economic development authority as contained in Minnesota Statutes, Sections 469.090 through 469.1082, owns certain real property described in Exhibit A (the "Property") that it desires to sell; and WHEREAS, the Act requires that the CDA hold a public hearing on the sale, prior to making its findings and deciding on whether the sale is advisable: NOW THEREFORE, BE IT RESOLVED by the Board of Commissioners (the "Board") of the CDA, that a public hearing on the proposed sale of the Property, pursuant to the Act, will be held by the Board at the time and place set forth in the Notice of Public Hearing attached hereto as Exhibit B (the "Notice"). The description of the Property, the time and place of the hearing, that the public may see the terms and conditions of the sale at the CDA's office, and that at the hearing the Board will meet to decide if the sale is advisable, shall all be stated in the Notice. Staff of the CDA, or a designee, shall cause notice of the hearing to be given one publication in a newspaper of general circulation available in Otter Tail County, Minnesota, not less than 10, nor more than 20, days prior to the date fixed for the hearing, substantially in the form of the attached Notice. Upon the motion of ________ seconded by ___________ and passed on a unanimous vote, the above resolution is hereby adopted by the Otter Tail County Community Development Agency Board of Commissioners. Adopted this 15th day of October, 2024. Dated: _______________________________ OTTER TAIL COUNTY CDA BOARD OF COMMISSIONERS Attest:________________________________ By:_______________________________ 39/61 132429957v1 EXHIBIT A DESCRIPTION OF PROPERTY PID #s: 63000990086000 and 630009900860001 Addresses: 106 and 108 N Lincoln Ave in Battle Lake, Minnesota 40/61 132429957v1 EXHIBIT B NOTICE OF PUBLIC HEARING COMMUNITY DEVELOPMENT AGENCY OF OTTER TAIL COUNTY, MINNESOTA REGARDING THE SALE OF PROPERTY NOTICE IS HEREBY GIVEN that the Board of Commissioners (the "Board") of the Community Development Agency of Otter Tail County, Minnesota (the "CDA"), will hold a public hearing on November 18, 2024, at approximately 1:00 P.M. at the Otter Tail County Government Services Center located at 500 Fir Avenue West in Fergus Falls, Minnesota, to determine if the sale of certain real property (described below) owned by the CDA, pursuant to Minnesota Statutes, Sections 469.105, is advisable. The property is located at 106 and 108 N Lincoln Avenue in Battle Lake, Minnesota, and is identified by PID #s 63000990086000 and 630009900860001. The terms and conditions of the proposed sale will be on file and available for public inspection prior to the public hearing at the offices of the CDA located at 520 Fir Avenue West, in Fergus Falls, Minnesota. All persons may appear at the public hearing and present their views orally or in writing on the proposed sale of the property. BY ORDER OF THE BOARD OF COMMISSIONERS OF THE COMMUNITY DEVELOPMENT AGENCY OF OTTER TAIL COUNTY, MINNESOTA /s/ 41/61 132429957v1 STATE OF MINNESOTA ) ) SS COUNTY OF OTTER TAIL ) I, the undersigned, being the duly qualified and acting Secretary of the Board of Commissioners of the Community Development Agency of Otter Tail County, Minnesota (the "CDA"), DO HEREBY CERTIFY that the attached resolution is a true and correct copy of an extract of minutes of a meeting of the Board of Commissioners of the CDA, as such minutes relate to the calling of a public hearing for the sale of real property by the CDA. WITNESS my hand this ___________ day of _______________, 2024 By: ___________________________________ Its: Secretary 42/61 1 DEVELOPMENT AGREEMENT BY AND BETWEEN THE CITY OF BATTLE LAKE & THE OTTER TAIL COUNTY COMMUNITY DEVELOPMENT AGENCY & HIGHPOINT HOMES (THE LINCOLN LLC) THIS AGREEMENT, made as of the ____ day of ______________, 2024, by and between the City of Battle Lake, Minnesota (the "City"), a municipal corporation organized and existing under the laws of the State of Minnesota and the Otter Tail County Community Development Agency (OTCDA), public agency organized and existing under the laws of the State of Minnesota and HighPoint Homes & The Lincoln LLC (the "Developer"), organized and existing under the laws of the State of Minnesota. WHEREAS, the City wishes to support the development of Work Force Housing to support businesses and economic development that relies upon the availability of safe and affordable housing for work force participants and is contributing to the redevelopment of property that will enhance the overall wellbeing and tax base of the City; WHEREAS, the City has adopted Modification No. 1 to Redevelopment Tax Increment Financing District No. 8-1 pursuant to Minnesota Statutes to Section 469.174, Subdivision 10 on August 16, 2022, to support and encourage redevelopment in the City; WHEREAS, the OTCDA wishes to foster and encourage further housing development in Otter Tail County and proposes to assist the with the development of Work Force Housing, has acquired and prepared the development site for private development and shall make the site available for development all pursuant to a Memorandum of Understanding (MOU) adopted by the City, OTCDA and Developer; WHEREAS, the DEVELOPER has prepared a site plan and building plan for the Development Property, identified as parcel number 63000990086001 & parcel number 63000990086000, proposing a 10 unit apartment building with eight stall garages and 18 on-site parking stalls all of which meets the goals and objectives of the CITY and OTCDA. NOWTHERFORE THE CITY, OTCDA AND DEVELOPER AGREE TO THE FOLLOWING: The City represents that: 1. The City has modified TIF District No. 8-1 to include the Development property and completed all statutory requirements to qualify and add the Development Property to the TIF District. 2. To finance certain costs within the Tax Increment District, the City proposes, subject to the further provisions of this Agreement, to apply Tax Increments to reimburse for authorized Project costs to the Developer (per EXHIBIT A) and OTCDA (per EXHIBIT B). 3. It will issue Pay As You Go Note to the Developer described as follows: a. Issue the Note in the amount of up to $150,000, or actual eligible expenses identified in Exhibit A, whichever is less, plus interest of 8%, not to exceed the cost of borrowing for the Developer, with a total reimbursement of principal and interest of not more than $495,000. b. Note shall be issued upon completion of the Project, on or around August 1, 2025, 43/61 2 following Developer’s submission to the City of paid invoices or other documentation for the Note. c. Pay As You Go Note payments shall be made utilizing 90% of the increment generated by the project and paid on August 1 and February 1 commencing on August 1, 2027 with the final payment on February 1 2050 or until a total of $495,000 of principal and interest payments have been reimbursed, whichever occurs sooner. 4. It will issue Pay As You Go Note to the OTCDA described as follows: a. Issue the Note in the amount of up to $42,764, for actual eligible expenses incurred in connection with the initial acquisition, demolition and site improvements required to assemble the Development Property and prepare it for redevelopment as described in EXHIBIT B, plus interest of 4%. b. Note shall be issued upon execution of this Development Agreement following OTCDA’s submission to the City of paid invoices or other documentation for the Note amount. c. Pay As You Go Note payments shall be made utilizing 5% of the increment generated by the project and paid on August 1 and February 1 commencing on August 1, 2027 with the final payment on February 1 2050 or until a total of $42,764 of principal payments, plus interest, have been reimbursed, whichever occurs sooner. 5. The TIF Note(s) are a special and limited obligation of the City. Should tax increments be insufficient to fully repay the Note(s), the City is not required to make up any shortfalls for any reason. 6. The City will provide a Deferred Loan to the Developer for $495,000 from funding approved by the Minnesota Housing Workforce Housing Development Program Deferred Loan attached in EXHIBIT B and incorporated by reference and comply with all funding requirements. 7. All communication to the City should be directed to: City of Battle Lake Contact: Val Martin, Clerk-Treasurer 108 Main Street East, PO Box 386 Battle Lake, MN 56515-0386 Phone: 218.864.0424 Email: cityclerk@battlelakemn.org The OTCDA represents that: 1. It has purchased the Development Property, consisting of two parcels located at 106 and 108 N Lincoln Avenue, Battle Lake, MN identified as parcel number 63000990086001 & parcel number 63000990086000 and cleared the substandard conditions that allowed it to qualify as a TIF Redevelopment site. 2. It has entered into a purchase agreement with the Developer for the Development Property for $18,600 which is a write down of the actual cost incurred to secure the site and prepare for development. It will close on the purchase agreement with the Developer not later than December 31, 2024, the terms of which are outlined in EXHIBIT D. 3. The Site Improvements would not be undertaken by the OTCDA, and in the opinion of the OTCDA and CITY would not be economically feasible within the reasonably foreseeable future, without the assistance. These costs shall be reimbursed by the City per the above 44/61 3 City representations. 4. The OTCDA shall provide a loan to the Developer not to exceed $495,000 to cover the gap in financing after all other sources of funding have been committed and expended, per the terms of Loan Agreement between the Developer and the OTCDA. The loan shall be repaid through the assignment of the TIF Note issued by the City to the Developer, form attached in Exhibit G. 5. The OTCDA acknowledges that Tax Increment projections shall be based upon approval of the suitable Development Plan as approved by the City and the Developer and acknowledges that it shall place no reliance on the amount of projected Tax Increments and the sufficiency of such Tax Increments to reimburse the OTCDA for the costs of the acquisition, demolition, site improvements and/or gap loan amount for the Project. 6. All communication to the OTCDA should be directed to: OTC Community Development Agency Contact: Amy Baldwin, Executive Director 520 Fir Avenue West Fergus Falls, MN 56537 Phone: 218-998-8050 Email: abaldwin@ottertailcounty.gov 7. The OTCDA shall indemnify the City for the project. The DEVELOPER represents that: 1. It shall purchase the Development Property from the OTCDA for $18,600 the terms of which are outlined in EXHIBIT D of this Agreement. 2. It shall construct the Project according to the site and building plans submitted to the CITY and OTCDA as represented in the Workforce Housing Program application. The Project shall consist of land acquisition, 10 rental units, 8 covered parking units and 18 on-site parking spaces at an estimated cost of at least $2,046,000. 3. Closing on the property purchase shall occur not later than December 31, 2024. 4. Construction of the Project shall commence not later than December 31, 2024 and be completed not later than December 31, 2025, which shall be demonstrated by the issuance of on Occupancy Certificate by the City. 5. It shall secure at least $638,000 of private bank financing to finance the construction of the project. 6. It shall execute the required documents and comply with all requirements of the Workforce Housing Development Program Deferred Loan as provided for in EXHIBIT C. 7. It shall comply with all loan terms for the loan from the OTCDA and assign the City TIF Note to the OTCDA for repayment of the loan as presented in EXHIBIT G. 8. There shall be no income qualifications or rent limits for tenants of the Project. 9. All communication to the Developer should be directed to: Jay Paulson, HighPoint Homes The Lincoln LLC PO Box 847 Alexandria, MN 56308 Phone: ____________________________________ Email: jay@highpointhomes.com 45/61 4 10. Developer shall reimburse the City $1,811for the cost to create/modify the TIF District and reimburse the City/CDA $4,000 for the cost to prepare the Development agreement upon being invoiced. 11. Developer shall indemnify the City for the project. 12. The Developer, and its assigns, will not seek a reduction in the market value as determined by the Otter Tail County Assessor of the Project or other facilities, if any, that it constructs on the Development Property, pursuant to the provisions of this Agreement, for so long as the Tax Increment Note remains outstanding. The obligation of the City under this agreement shall be terminated if the Developer or its assigns: 1. Fails to pay real property taxes, assessments, public utility or other City payments associated with the project; 2. Fails to complete the Project; 3. Fails to meet the requirements outlined in Exhibit C; 4. Sells, transfers or otherwise conveys the project property without the approval of a suitable Development Plan approved by the City. This Agreement shall expire on either the date that full payment of the TIF Note(s) is made, or the date of the required decertification of the TIF District or be terminated effective the date a default occurs and cannot be cured within 90 day of the event of default and to the satisfaction of the City. IN WITNESS WHEREOF, the parties have caused this Agreement to be duly executed in its name and on its behalf and its seal to be hereunto duly affixed, and the Developer has caused this Agreement to be duly executed on its behalf, on or as of the date first above written. CITY - CITY OF BATTLE LAKE, MINNESOTA By ___________________________________________________________ ITS: Mayor By ___________________________________________________________ ITS: City Clerk-Treasurer (SEAL) OTCDA – OTTER TAIL COUNTY COMMUNITY DEVELOPMENT AGENCY By ___________________________________________________________ ITS: Board Chair By: ___________________________________________________________ ITS: Executive Director 46/61 5 DEVELOPER – HIGHPOINT HOMES – THE LINCOLN LLC By ___________________________________________________________ ITS: _____________________________________________________ By: ___________________________________________________________ ITS: _____________________________________________________ 47/61 6 EXHIBIT A TIF ELIGIBLE COSTS FOR REIMBURSEMENT - DEVELOPER Land Acquisition $ 18,600 Demolition 0 Removal of hazardous substances or remediation 0 Utilities 42,200 Roads 39,000 Sidewalks 11,000 Parking Facilities 45,000 Allocated administrative expenses of the authority $ 5,118 TOTAL $ 160,918 48/61 7 EXHIBIT B TIF ELIGIBLE COSTS FOR REIMBURSEMENT – OTCDA - DEVELOPMENT PROPERTY ASSEMBLY, DEMOLITION AND SITE PREPARATION COSTS Land Write Down $ 4,076 Demolition 35,800 Hazardous Material Abatement 2,000 TIF Consulting Services 888 TOTAL COSTS $ 42,764 49/61 8 EXHIBIT C DEFERRED LOAN AGREEMENT BETWEEN THE MINNESOTA HOUSING AGENCY AND THE CITY OF BATTLE LAKE, MINNESOTA 50/61 9 EXHIBIT D PURCHASE AGREEMENT BETWEEN THE OTCDA & THE LINCOLN, LLC 51/61 10 EXHIBIT E FORM OF TIF NOTE – OTCDA 52/61 11 EXHIBIT F FORM OF TIF NOTE – DEVELOPER 53/61 12 EXHIBIT G FORM OF ASSIGNMENT TIF NOTE FROM DEVELOPER TO OTCDA Assignment Jay Paulson and The Lincoln, LLC of PO Box 847, Alexandria, Minnesota, 56308 (the "Assignor") assigns the entirety of the Assignor's contractual rights and obligations under the contract dated October 1, 2025 for Tax Increment Financing District No. 8-1 TIF Note with City of Battle Lake of 108 Main Street East, Battle Lake, Minnesota, 56515, which is attached hereto as Schedule "A", to the Otter Tail Community Development Agency OTCDA of 520 Fir Avenue West, Fergus Falls, Minnesota, 56537 (the "Assignee"). In consideration thereof, the Assignor acknowledges receipt of the forgiveness of a debt in the amount of $495,000.00 related to the gap financing loan from OTCDA to Developer. The Assignor warrants and covenants the following with regard to the contractual rights which the Assignor has assigned: 1. that the Assignor has the right to assign the contract; 2. that the Assignor will not, after this Assignment takes effect, receive and accept the assigned contractual rights; 3. that the Assignor will not do any act which may prevent or hinder the Assignee from enforcing the assigned contractual rights; and 4. that the Assignor has not done or knowingly permitted any act, deed or thing by which the contractual rights can be impeached or affected in any manner. The Assignor directs City of Battle Lake to complete the contractual obligations, which would otherwise be owed to the Assignor but which have been transferred as indicated herein, with the Assignee. It is agreed that this Assignment will enure to the benefit of and be binding upon the parties to this Assignment, their heirs, executors, administrators, successors and assigns, respectively. This Agreement will be construed in accordance with and governed by the laws of the State of Minnesota. 54/61 13 Jay Paulson and The Lincoln, LLC _________________________________ Its: Manager SIGN ED, SEALED, AND DELIVERED this ________ day of ________________, ________ in the presence of: _________________________________________ A NOTARY PUBLIC IN AND FOR the State of Minnesota Otter Tail Community Development Agency _________________________________ Its: Board Chair Person _________________________________ Its: Executive Director SIGNED, SEALED, AND DELIVERED this ________ day of ________________, ________ in the presence of: ______________________________________________ A NOTARY PUBLIC IN AND FOR the State of Minnesota 55/61 14 56/61 Modification #1 to Redevelopment Tax Increment Financing District No. 8-1 Neverbetter, Multifamily Housing & Redevelopment Projects Plan Adoption 0~ August 16, 21>22 EXHIBIT 3b lledMIPTopenyAeclewlopment V•hations & Estimated Tax.es -nx Raite Assump(ions Share of Increment ~rice! Tu value capacity Ten! TU Tlf POrtion (CURRENT RATE IS LOWER THAN CERTIFIED RATE) 2023/2024 Rates Estinated % Annual tifeof District original values s 35,500 s 533 s 591 .. City 61.640096 Value lost to Demolition {!§,900) s (254) S (281) S (281) CO<ny 32.6350'6 MIAtifamiy Development 1,285,000 S 16,063 S 17,819 S 17,819 S<hool 15.1720')(, Ten! S 1,268,100 S 15,809 S 17,538 S 17,538 Other t.4900'l!, l-U0.9370'l!, J OJrrent Rite City CO<ny SChool other 55.56'!6 S 11,801 S 29.42'!6 S 6,248 S 13.68'!6 S 2,905 S 1.~ s s 285 S 306,819 162,444 75,520 7,417 Prpble Ye~r Base Projected captured Projected nx capacity nx caipacity nx capacity a.se Tu Raite 2021 S 533 S 533 S 110.937" S Gross Tax increment State C/1 o.ooO'l!, Ten! U0.9370'l!, State AU<itor Available Deduction(~) TU lnCRment s s 2022 S 533 S 533 S 110.937" S S S 2023 S 533 S 533 S 110.937" S S S 2024 S 533 S 279 S (259) 110.937" S (287) S (1) S (286) 2025 S 533 S 279 S (259) 110.937" S (287) S (1) S (286) s s s 2026 S 533 S 279 S (259) 110.937" S (287) S (11 S (286) S 2027 S 533 S 17,538 S 17,346 110.937" S 19,243 S 69 S 19,173 S 2028 S 533 S 17,538 S 17,693 110.937" S 19,628 S 71 S 19,557 S 2029 S 533 S 17,538 S 18,046 110.937" S 20,020 S 72 S 19,948 S 2030 S 533 S 17,538 S 18,«17 110.937" S 20,42l S 74 S 20,347 S 2031 s 533 s 17,538 s ta,n5 110.937" s 20,82.9 s 75 s 20,754 s 2032 S 533 S 17,538 S 19,151 110.937" S 21,246 S 76 S 21,169 S 2033 S 533 S 17,538 S 19,534 110.937" S 21,670 S 78 S 21,592 S 2034 s 533 s 11,539 s 19,925 110.937" s 22,104 s eo s 22,024 s 2035 S 533 S 17,538 S 20,323 110.937" S 22,546 S 81 S 22,465 S 2036 S 533 S 17,538 S 20,730 110.937" S 22,997 S 83 S 22,914 S 2037 S 533 S 17,538 S 21,144 110.937" S 23,457 S 84 S 23,372 S 2038 S 533 S 17,538 S 21,567 110.937" S 23,926 S 86 S 23,840 S 2039 S 533 S 17,538 S 21,998 110.937" S 24,404 S 88 S 24,317 S 20«> S 533 S 17,538 S 22,438 110.937" S 24,893 S 90 S 24,803 S 2041 S 533 S 17,538 S 22,887 110.937" S 25,390 S 91 S 25,299 S 2042 S 533 S 17,538 S 23,345 110.937" S 25,898 S 93 S 25,805 S 2043 S 533 S 17,538 S 23,812 110.937" S 26,416 S 95 S 26,321 S 2044 S 533 S 17,538 S 24,288 110.937" S 26,944 S 97 S 26,847 S 2045 s 533 s 17,538 s 24,n4 110.937" s 27,483 s 99 s 27,384 s 2046 S 533 S 17,538 S 25,269 110.937" S 28,033 S 101 S 27,932 S 2047 s 533 s 17,538 s 25,n5 110.937" s 28,594 s 103 s 28,491 s 2048 S 533 S 17,538 S 26,290 110.937" S 29,166 S 105 S 29,061 S 2049 S 533 S 17,538 S 26,816 110.937" S 29,749 S 107 S 29,642 S 554,195 s 1,995 S 552,200 Inflation Rate = Z'l6 T1>e Authority intends to retain 100% of the net caiptured nx capacity 11lis TIF District does not t.a within• Fisal Disparity Aru 10'!6 Authority A<krin Max s StateC/1 _____ ___:~----=------100.00% S 21,238 S Net lnrement C:Umnu.~ative Increment s s s s s s s s s 8.oO'l!, Cimm~. NP\/ S {286) S {286) S {227) 552,200 Oistrict Durition 0 S {286) S (572) S (437) 2 (29) S (257) S (829) S (612) 3 1,917 S 17,256 S 16,427 S 10,262 4 1,956 S 17,601 S 34,028 S 20,532 5 1,995 S 17,953 S 51,982 S 30,232 6 2,035 S 18,312 S 70,294 S 39,393 7 2,015 s 18,679 s as,973 s 48,044 8 2,117 S 19,052 S 108,025 S 56,216 9 2,159 S 19,433 S 127,458 S 63,933 10 2,202 S 19,822 S 147,280 S 71,221 11 2,246 S 20,218 S 167,498 S 78,105 12 2,291 S 20,623 S 188,121 S 84,606 13 2,337 S 21,035 S 209,156 S 90,746 14 2,384 S 21,456 S 230,612 S 96,545 15 2,432 S 21,885 S 252,497 S 102,021 16 2,480 S 22,323 S 274,819 S 107,194 17 2,530 S 22,769 S 297,588 S 112,079 18 2,580 S 23,224 S 320,813 S 116,693 19 2,632 S 23,689 S 344,502 S 121,050 20 2,685 S 24,163 S 368,664 S 125,165 21 2,738 S 24,646 S 393,310 S 129,052 22 2,793 S 25,139 S 418,449 S 132,723 23 2,849 S 25,642 S 444,091 S 136,189 24 2,906 S 26,155 S 470,245 S 139,464 25 2,964 S 26,678 S 496,923 S 142,556 26 ss,2n S tifi,923 218-998-8730 ottertailcounty.gov housing@ottertailcounty.gov Rev. 2/2024 OTTER TAIL COUNTY - MINNESOTA MULTI-FAMILY NEW CONSTRUCTION LOAN DESCRIPTION Gap loan financing is available for the new construction of rental units. LOAN TERMS AND LIMITS Maximum loan amount dependent on size of project and financing need. Gap financing agreements must include some form of repayment, either in whole or part depending on unit affordability and financing structure of the proposed development. Repayment will be at 0% interest. Recording fee of $46 will be included in loan amount. Gross rents (rent + tenant paid utilities) must not exceed the following limits for the term of the loan: GROSS RENT LIMITS BY BEDROOM SIZE 1 bedroom $993 2 bedroom $1,191 3 bedroom $1,376 4 bedroom $1,536 5 bedroom $1,694 6 bedroom $1,852 Updated 7/27/2023 If the developer further agrees to serve households at or below 60% of the Area Median Income (AMI) for the duration of the loan, additional gap financing could be available. INCOME LIMITS BY HOUSEHOLD SIZE 1 $49,400 2 $56,450 3 $63,500 4 $70,550 5 $76,200 6 $81,850 7 $87,500 8 $93,500 Updated 5/19/2023 OWNER ELIGIBILITY CRITERIA Developer agrees to complete forms annually to confirm gross rents and household income (if applicable) for duration of loan. Developer must demonstrate in Pro Forma that the project cash flow can support repayment of the loan. 57/61 > > > > > > (!) EOU/\L HOUSING OPPORTUNITY COMMUNITY DEVELOPMENT & HOUSING Government Services Center 500 West Fir Avenue Fergus Falls, MN 56537 218-998-8730 ottertailcounty.gov housing@ottertailcounty.gov Rev. 2/2024 PROPERTY ELIGIBILITY CRITERIA Property must be located in Otter Tail County but outside the city limits of Fergus Falls. Building must be insured at time construction begins. Development of seasonal property is not permitted. For more information, please contact Mitch Harry at 218-998-8736 or mharry@ottertailcounty.gov. 58/61 > > > ti) EOUflL HOUSING OPPORTUNITY COMMUNITY DEVELOPMENT & HOUSING Government Services Center 500 West Fir Avenue Fergus Falls, MN 56537 59/61 COMMUNITY DEVELOPMENT & HOUSING Government Services Center 500 West Fir Avenue Fergus Falls, MN 56537 Rental New Construction ~ Co-Applicant Full Legal Name (if Applicable) ml Applicant's Full Legal Name Jay 0. Paulson C/0 The Lincoln LLC Applicant's Address (Street, City, State, Zip) P.O. Box 847, Alexandria MN 56308 Applicant Telephone Numbers Home: Co-Applicant Telephone Home: -----------------------------Ce 11: 320.491 .2020 Work: 320.763.5859 Conflict of Interest: Are you or have you been one of the following during the last 12 months? An employee of a State Government/Local Government or Managing/Consulting Agency? If yes, name of agency, name of position: An elected or appointed official of a State GovemmenVLocal Government or Managing/Consulting Agency? If yes, name of agency, name of position: An officer of a State GovernmenVLocal Government or Managing/Consulting Agency? If yes, name of agency, name of position: A consultant to a State GovernmenVLocal Government or Managing/Consulting Agency? If yes, name of agency, name of position: Building/Land Ownership Partnership/Corporation Name: Partnership/Corporation Address (if diffe,... lhan aboWI) MN Tax No. (only required if you have employees) The Lincoln LLC YES ■ NO ------ YES ■ NO ------ YES ■ NO YES ■ NO --- ---------------------------Feder a I Tax ID No. Property Address or Parcel # Do you have a mortgage or other lien on this property?* YES ■ NO ---Loan/Repayment Tenms months Interest rate ------If yes, what is your monthly payment $ -------------Have you made your payments on time? YES NO Name and address of Mortgage Holder: American National Bank ______ ,,_ ___________________ _ How long have you owned this property? Under Contract, Not Closed ---------------------------*Includes contract for deed and subordinate liens. Please provide a copy of your most recent mortgage statement. Is this property insured? ___ YES ■ NO Name and address of Insurance Company Not Yet -Markuson Baer ---------------------------Pl••·· provl<kJ a copy of your pc/lcy's Doclarat/ons Page. 218-998-8730 @ OTTER TAIL COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER @ ottertailcounty.gov 60/61 Proposed Construction Project Building Address: (Street, City, State, Zip # of Units 106-108 N. Lincoln Ave, Battle Lake MN 56515 2 6 2 COMMUNITY DEVELOPMENT & HOUSING Bedrooms Per Unit 2 bed, 1 bath 2 bed, 2 bath 3 bed, 2 bath Government Services Center 500 West Fir Avenue Fergus Falls, MN 56537 Proposed Monthly Contract Rent 1200 1250 1400 Will you restrict tenant household income levels at or below 80% of area median income for the duration of your loan? Yes No • This is not required, however additional GAP financing could be available. Utilities: Check tvoe and who will oav: Natural Gas Oil Heat • Cooking Water Heating • Who will pav utilities: Electricltv Water/Sewer Trash Collection I Does/will tenant supply their own stove or refrigerator? Building Income 1 Rental Income $ 151,200 2 Less Vacancy Factor (7%) $ 10,654 (line 1 x.07) 3 Net Annual Housing Income (Line 1+ 2) 4 Non-Housing Income (Garage rent, laundry, income, etc.) 140,546 $ 11,400 A Total Income (Lino 3+4) $ ------151,946 Electric Propane • Total Annual Expenses 1 Mortgage Payments 2 Property Taxes 3 Utilities (paid by owner) Paid by Tenant Owner • • • Tenant Owner • • • Yes No • $ 56,177 $ 20,000 $ 20,300 4 Insurance Premium $ 3,600 (if not included in mortgage payments) 5 Management Fees 6 Mainlenance 7 Replacement Reserves 8 Other ------ $ 12,330 $ 27,400 $ 1000 $ B Total Annual Expenses (Addines 1-8)_$'--__ 14_0_,8_0_7 _ Net Operating Income (LinoA-une •1 ~$~ __ 1_1_, 1_3_9_ 218-998-8730 ® OTTER TAIL COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER @ ottertailcounty.gov 61/61 Funding Source(s) of Project• List all Workforce Housing Pros County -Loan -TIF First Mortgage • ANB Developer REQUIRED DOCUMENTS: Cash Flow Pro Forma for 15 years Sources and Uses Statement Proof of Funding Sources Copy of Building and Site Plans Description of Project: Amount $ 495,000 s 495,000 $ 700,000 $ COMMUNITY DEVELOPMENT & HOUSING Government Services Center 500 West Fir Avenue Fergus Falls, MN 56537 Check one • Approved or Applied for Approved Applied For Approved Applied For Approved Applied For Approved Applied For New construction, 10-unit apartment on former youth center site. Eight attached garage stalls. Convenient location on summit that leads to Battle Lake school and one block off main street. Certification Otter Tail County Staff or an authorized representative shall have the right to inspect the property to be improved or constructed and meet with tenants at any lime from the date of application upon giving due notice to the owner and to occupants. I/we authorize program representatives' access to the property to be improved or constructed to take photographs of the property before, during and after construction. I/We, the undersigned, understand and agree that upon completion o struction gross rents cannot exceed the 70% rent limit for Otter Tail County as established by MHFA's Housin ax Cre it Program for the term of the loan. I/we agree to comply with the annual monitoring of rent and/or tenant in es for the urrantion of my/our loan. I/we certify that all statements on this application are true and correct to the best my/our kno edge and that any Intentional misstatements will be grounds for denial. Co-Applicant Signature Date 218-998•8730 @ OTTER TAIL COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER @ ottertallcounty.gov