Loading...
HomeMy WebLinkAboutI.A - Agenda Notes HEDRA AGENDA NOTES September 24, 2020 6:00pm II. MINUTES Please see the attached HEDRA Meeting minutes from the August 13th regular meeting and August 27th workshop for your review and approval. III. BILLS August Bills Safety Signs $4,109.00 COVID - Downtown Barricades Schlomka Portable Restrooms $512.00 COVID - Downtown Toilets Stantec Consulting $412.28 Confluence - Environmental - Wood Sealing Campbell Knutson P.A. $225.00 Legal - General Business * Reimbursable Expenses Please see attached general ledger detail from the last two months for further information. IV. BUSINESS A. Authorize Signature: Preliminary Development Agreement - Spades - Block 1 Please see the attached staff memo for further information. B. Authorize Signature: Subrecipient Agreement - United Way of Hastings HEDRA is asked to authorize signature of the attached Subrecipient and Services Agreement between HEDRA and United Way of Hastings granting the United Way the power to manage a COVID-19 relief program for smaller local non-profit agencies. Grant would be up to $5,000 each. On September 8th, City Council acted to allocate a portion of the City’s 1.7 in federal CARES Act funding towards assisting local non-profits. HEDRA’s establishment has an economic development agency better fits the mission of providing business assistance than that of the City Council. C. Authorize Signature: Subrecipient Agreement - Non-Profit Relief Program HEDRA is asked to authorize signature of the attached Subrecipient Agreement between the City of Hastings and HEDRA pertaining to management of the Hastings Non-Profit Relief Program. The program allocates a portion of the City’s $1.7 in HEDRA Agenda Notes September 24, 2020 Page 2 federal CARES Act funding towards assisting local larger non-profits with grants up to $50,000 each. The Council discussed funding for YMCA Hastings, Hastings Area Chamber of Commerce, and Hastings Family Service. These would be outside the management of the United Way’s subrecipient program. HEDRA’s establishment has an economic development agency better fits the mission of providing business assistance than that of the City Council. V. REPORTS AND INFORMATION A. CARES Funding - COVID-19 Economic Development Assistance The City of Hastings received $1,743,298 through the federal CARES Act for responding to the COVID-19 public health emergency. The City Council has allocated a portion of the funding towards economic assistance as follows:  Local Business Grants - $259,000 - Funding would be used to provide 25 grants to local businesses. This would supplement Dakota County’s Small Business Relief Grant Program providing 1,000 grants. Both programs would have identical qualifications and provide $10,000 grants through a random selection of qualified businesses. The grant program would be managed through an outside vendor (NextStage) with an administrative cost of around $9,000. NextStage would provide a list of 25 businesses that were not funded through Dakota County’s program for funding by the City of Hastings. Funding for the grant would likely be allocated to HEDRA to process payments. The administrative duties for City Staff would be minimal. Dakota County is currently accepting applications for their program until August 14th.  Non Profit Organization Grants - $250,000 - Funding would be allocated to HEDRA for disbursement to local non-profit organizations. This would likely require development and management of a grant program in house.    Potential Reimbursement Business Assistance - HEART Grant and Downtown Assistance ~ $206,000 - Council discussed reimbursing $181,000 in HEART Grant Assistance and $25,000 of downtown barriers, traffic delineators and portable restrooms. A final decision has not been made. HEDRA Agenda Notes September 24, 2020 Page 3 B. Commercial Vacancy Available September, 2020 Available August, 2020 Net Change Downtown 770 Highway 55 14 14 0 Vermillion Street 13 13 0 Industrial Park 440 TOTAL 38 38 0 C. Development Update  The Confluence - Exterior works continues with replacement of roofing and windows. Brick tuckpointing has begun.  Villas at Pleasant - 32 villa home sites located at the northwest corner of Pleasant Drive and Northridge Drive. Project targeted towards empty nesters and seniors. City Council will review on September 21st.    Sieben Ridge - 116 home sites, half villa homes, half traditional single family. Located west of General Sieben Drive and south of St Elizabeth Ann Seton Church. City Council will review on September 21st.     D. Economic Development Coordinator We are currently conducting background investigative work on a candidate for the position. I hope to have more information at the meeting. ATTACHMENTS  Minutes - August 13th and August 27th  Bills – August, 2020  Staff Memo - Spades Preliminary Development Agreement  Subrecipient Agreement - United Way  Subrecipient Agreement - City of Hastings