##VIDEO ID:wVE3APi0WD4##  THREE OR 516 WHERE YOU HAVE A QUORUM SO CALLED A MEETING TO ORDER YOU WILL SEE IN FRONT OF YOU THERE'S A REVISED AGENDA IN LOOKING OVER IT. I TALKED WITH HOLLY ABOUT IT BECAUSE WE HAVE THE BUSINESS ON FIRST AND LAST TIME WE TALKED ABOUT THAT WE HAD A LOT OF DISCUSSIONS SO WE HAVE A LOT OF ITEMS THAT WE NEED TO COVER AND I GUESS HAVE TO BE OUT OF HERE LIKE 615 TO JOIN THE OTHER MEETING WE HAVE AT 630. SO THE FIRST ITEM ON THE AGENDA IS IS THE APPROVAL THE MINUTES I HAD A DISCUSSION WITH HOLLY ABOUT THE MINUTES THEY'VE BECOME MUCH MORE ABBREVIATED.  I SAID THERE'S REALLY NO DISCUSSION OF ALL THE POINTS THAT WE RAISED ABOUT, YOU KNOW, THE FIVE YEAR PLAN, ETC. ETC. SO I THINK AT SOME POINT IN TIME IN THE FUTURE WOULD BE WORTHWHILE TO HAVE A LITTLE LONGER DISCUSSION AND SEE LEGALLY WHAT WE NEED TO DO AND WHAT IS THE OPINION OF ALL OF THE COMMISSIONERS TO YOU KNOW WHAT WE'D LIKE TO SEE INCLUDED IN THE MINUTES AND AND GROWTH GIVE STAFF SOME DIRECTION SO I WOULD ENTERTAIN A MOTION FOR THE APPROVAL OF THE MINUTES SO MOVED SECOND THE MOTION MADE SECONDED WE HAVE ANY FURTHER DISCUSSION OR ADDITIONS AND CORRECTIONS IF NOT ALL IN FAVOR OF PLACING AND WERE I I OPPOSED MOTION CARRIES FOR 0 MINUTES ARE APPROVED UH THE NEXT ITEM ON THE AGENDA HOLLY IS THE UPDATE ON PORT AUTHORITY ECONOMIC DEVELOPMENT PROGRAMS PROGRAMS . ALL RIGHT GOOD EVENING PRESIDENT ERICKSON MAYOR BUSSING I AM HERE BEFORE YOU TO GIVE YOU A UPDATE ON SOME ECONOMIC DEVELOPMENT PROGRAMING THAT IS BEEN DEVELOPING IN THE CITY .  NEXT SLIDE PLEASE .  I THINK IT IS THE ARROW WHICH . THANK YOU. PERFECT.  SO YOU MAY HAVE SEEN I REMEMBER SEEING THIS DOCUMENT BEFORE WE THIS TOGETHER UM ABOUT A YEAR AGO TO START TO ASSEMBLE THE IDEA THAT THE PORT AUTHORITY WAS GOING TO GROW AS AN ECONOMIC DEVELOPMENT ENTITY AND START TO INCORPORATE MORE BIT MORE SERVICES TO SUPPORT THE BUSINESS COMMUNITY AND THE ECONOMIC DEVELOPMENT HERE IN BLOOMINGTON.  AND SO WE DREW THAT OUT WITH THE UNDERSTANDING THAT WE ARE WORKING WITH AT EVERY STAGE FROM IDEATION PLANNING AND START UP THE EARLY STAGE AND LAUNCH OPERATING GROWING, EXPANDING AND RELOCATION THAT GROWING AND EXPANDING AND RELOCATION WAS WORK THAT THE PORT AUTHORITY HAD ALREADY BEEN DOING ESPECIALLY WITH SOME OF OUR LARGE EMPLOYERS THEM WITH STATE AND FEDERAL GRANTS BUT THESE EARLY STAGE WERE NOT GROUPS THAT WE HAD BEEN WORKING WITH YET SO WE REALLY WANTED TO SKETCH OUT HOW WE WERE DOING THAT SOME OF THOSE SERVICES THAT ARE GETTING BUILT OUT ARE SITTING WITHIN THE CITY OF BLOOMINGTON. THEY INCLUDE INFORMATION, CONNECTION AND PROMOTION AND DIFFERENT PROGRAMS AS WELL AS GRANTS, LOANS AND INCENTIVES. AND THEN WE ALSO WORK WITH A NUMBER OF PARTNERS WITH TECHNICAL ASSISTANCE AND CONSULTING AND WITH THE INTEREST OF CITY COUNCIL AND THE PORT AUTHORITY COMMISSION WITH THESE PROGRAMS. BUT PARTICULARLY COUNCIL SOME OF THESE PROGRAMS HAVE GROWN IN DIFFERENT PARTS OF THE CITY ORGANIZATION NOT NECESSARILY IN THE PORT BUT THE PORT EXPANDS AS WE WORK ON OUR ECONOMIC DEVELOPMENT PLAN AS THE CITY STARTS WORK MORE AND MORE CLOSELY ON THESE INITIATIVES WE WANTED TO SHARE SOME OF THOSE WITH YOU, SOME OF THEM THE PORT WILL BECOME MORE INVOLVED.  SOME OF THEM THE PORT MAY PROVIDE AN ADVISORY ROLE BUT WE JUST WANT TO SURE YOU ARE AWARE OF THEM AS PART OF THE SUITE OF SERVICES THAT WE OFFER TO OUR COMMUNITY.  NEXT SLIDE PLEASE .  NO .  ALL RIGHT. THANK YOU. SO BLOOMING BLOOMINGTON YOU MAY BE FAMILIAR WITH THIS IS THE YOUTH WORKFORCE DEVELOPMENT PROGRAM THAT THE CITY HAS BEEN GROWING WILL BE GOING INTO THE THIRD YEAR OF THE PROGRAM IN 2025. IT LAUNCHED IN 2022.  IT WAS A COLLABORATION BETWEEN THE OFFICE OF RACIAL EQUITY INCLUSION AND BELONGING AND COMMUNITY DEVELOPMENT SCARED TOWARDS YOUTH 16 TO 24 WHO LIVE OR GO TO SCHOOL IN BLOOMINGTON AND MATCHES YOUTH WITH INTERNSHIP EXPERIENCES AT EMPLOYERS WITHIN BLOOMINGTON. AND THE GOALS OF THAT PROGRAM ARE TO CONNECT YOUTH WITH BARRIERS TO EMPLOYMENT, TO CAREER PATHWAYS AND A PROFESSIONAL NETWORK.  BUILD A WORKFORCE DEVELOPMENT PIPELINE ACROSS BLOOMINGTON. ADDRESS INTERNAL AND EXTERNAL HIRING CHALLENGES DIVERSIFY THE CITY'S WORKFORCE.  ENGAGE WITH YOUTH IN THE COMMUNITY. IT'S EIGHT OR 12 WEEK PAID INTERNSHIPS. THERE'S PROFESSIONAL DEVELOPMENT AND TRAINING BUILT INTO THE PROGRAM AND IT'S MODELED AFTER MINNEAPOLIS STEP UP AND THE BROOKLYN PROGRAM IN BROOKLYN PARK.  NEXT SLIDE PLEASE .  THANK YOU. ONE MORE. ALL RIGHT. SO IN 2024 THERE ARE 15 STUDENTS PLACED. A FEW WERE MY WAY AND LARKIN HOFFMAN THE MAJORITY OF THEM WERE PLACED HERE IN THE CITY PRIMARILY BECAUSE WE DID NOT HAVE THOSE CONNECTIONS YET WITH OUR LARGE EMPLOYERS. AND SO OUR GOAL IN 2025 AND THE ROLE THAT PORT WILL BE PLAYING IS TO INCREASE THE NUMBER VARIETY OF EMPLOYER PARTNERS ENROLLED IN THE PROGRAM EXPAND INTERNSHIP IN POPULAR INDUSTRIES PARTICULARLY STEM AND THEN EXPOSE STUDENTS TO INDUSTRIES AND CAREER PATHS WITH A RANGE OF EDUCATIONAL REQUIREMENTS INCLUDING APPRENTICESHIPS, TECHNICAL ASSOCIATES DEGREES BACHELOR'S DEGREES,  PROFESSIONAL DEGREES.  NEXT SLIDE. THANK YOU.  AND SO WE HAVE AT THIS POINT CONNECTED WITH APPROXIMATELY 20 EMPLOYERS HERE IN BLOOMINGTON THAT HAVE NOT BEEN WITH THE PROGRAM BEFORE. AND WE ARE HOPING TO FIRM UP SOME OF THOSE PLACEMENTS THE END OF 20 THE END OF 2024 FOR 2025 AND CONTINUING TO GROW AWARENESS HERE. THIS IS AN IMPORTANT PROGRAM FOR THE CITY. IT SUPPORTS THE CITY'S BLOOMINGTON TOMORROW TOGETHER OF A CONNECTED AND WELCOMING COMMUNITY AND A COMMUNITY WITH EQUITABLE ECONOMIC GROWTH BUT IT ALSO SUPPORTS SUPPORTS FIVE YEAR OBJECTIVE OF TALENT ATTRACTION AND RETENTION.  IN 2025 WE ARE TAKING A TEMPORARY APPROACH TO MANAGING PROGRAM.  IT HAS NOT HAD A SINGLE OWNER THE PAST AND SO WITH SOME STAFF TRANSITION WE'RE TAKING THE OPPORTUNITY TRY AND LEVEL OUT THE PROGRAM AND WE WILL BE HIRING A TEMPORARY FACILITATOR IN 2025. IT WILL CONTINUE TO HAVE A LOT OF INVOLVEMENT FROM THE OFFICE OF RACIAL EQUITY INCLUSION AND BELONGING HUMAN RESOURCES. BUT THE PORT AUTHORITY HAS BEEN ASKED TO MANAGE THE PERSON THAT IS GOING TO FACILITATE THE PROGRAM AND BE THE KEY FACILITATOR FOR 2025. SO WITH THAT WE WOULD BE HIRING A TEMPORARY BLOOM FACILITATOR POSITION THAT WOULD BE SPLIT AS FAR AS FUNDING SOURCE GOES BETWEEN THE CITY AND THE PORT AND THEN IN 2026 WE'D BE LOOKING TO EVALUATE THE PROGRAM MOVING FORWARD AND SO THAT ANTICIPATED COST FROM THE PORT SIDE WOULD BE BETWEEN 50,070 THOUSAND FOR THE COMING YEAR AND SOURCE WOULD ACTUALLY BE FROM FUNDS THAT WERE UNSPENT THIS YEAR RELATED TO THE SMALL BUSINESS CENTER. WE HAVE NOT ADVANCED THAT PROJECT YET IT IS STILL UNDER DISCUSSION BUT THOSE FUNDS WERE SET ASIDE FOR PROGRAMS PROMOTED EQUITABLE ECONOMIC DEVELOPMENT AND THE CITY SEES THIS AN OPPORTUNITY TO DO THAT TYPE OF WORK. SO WE ANTICIPATE RETURNING TO YOU IN JANUARY TO MAKE THAT BUDGET ADJUSTMENTS. BUT I JUST WANTED TO MAKE YOU AWARE OF THE PROGRAM AND THE ASK. NEXT SLIDE PLEASE. THE NEXT PROGRAM THAT WE WANTED TO DISCUSS QUICKLY WAS HATCHED BLOOMINGTON. THIS IS A PITCH COMPETITION THAT TOOK PLACE LAST YEAR TO A SMALL BUSINESS HERE IN BLOOMINGTON INTO A BRICK AND MORTAR STORE. IT HAD HUNDRED THOUSAND DOLLAR PRIZE. IT HAD A LOT OF COVERAGE. WE HAD A PARTNERSHIP WITH THE MINNEAPOLIS CHAMBER SO $50,000 CAME FROM THE CITY AND 50,000 CAME FROM THE CHAMBER. THE GOALS OF THE PROGRAM WERE TO SUPPORT EXISTING AND GROWING SMALL BUSINESS COMMUNITY IN BLOOMINGTON POSITIONED BLOOMINGTON AS AN ATTRACTIVE LOCATION OUTSIDE INVESTMENT TO BUILD AND MAINTAIN A PIPELINE OF UP AND COMING ENTREPRENEURS AND TO STRENGTHEN PARTNERSHIPS BETWEEN THE CITY AND OTHER DRIVERS.  THERE WERE 117 APPLICANTS WITH 64 ACCEPTED INTO THE PROGRAM. 10,000 COMMUNITY VOTES WERE CAST FOR THE WINNERS. 92 DIFFERENT PUBLICATIONS WROTE ABOUT THE PROGRAM REACHING AN ESTIMATED 54 MILLION READERS AND THEN WE ACHIEVED 60 650,000 AND EARNED MEDIA FOR THIS AND THE WINNER WAS SCRAMBLING AN EGG. I HOPE YOU'VE TRIED THIS FOOD TRUCK AND SOON YOU'LL BE ABLE TO TRY IT IN A BRICK AND MORTAR SPACE SO ARE CURRENTLY LOOKING AT THE SECOND YEAR PROGRAM. THIS PROGRAM IS BY SEAN LUNDY THE SPECIAL PROJECTS AND INITIATIVES MANAGER OUT COMMUNITY DEVELOPMENT. AND IN THE FUTURE WE MAY HAVE HIM COME BACK AND, GIVE A MORE IN-DEPTH STORY ABOUT IT. THE NEXT THING WE WANT TO SHOW HOLLY, ARE YOU YOU'RE PLANNING ON EGGING SOMEBODY ON AGAIN NEXT YEAR?  HEY, WE'LL PLAY THAT THAT SHOW FOR YOU IN THE FUTURE. ALL RIGHT. NEXT SLIDE, PLEASE. IF YOU CAN FORGET IT.  ALL RIGHT. BLOOMINGTON ECONOMIC PARTNERSHIP ACTUALLY EVOLVED FROM THE BLOOMINGTON WORKFORCE INITIATIVE THAT THE MAYOR HAD SPEARHEADED AND IF HE WANTS TO MAKE ANY AFTER THIS, I WILL CERTAINLY LET HIM DO SO.  BUT IT IS A PUBLIC PRIVATE INITIATIVE LED BY THE CITY OF BLOOMINGTON, INDUSTRY AND ACADEMIC LEADERS INVOLVED AND THE VISION FOR 2030 IS TO BUILD A RESILIENT, DYNAMIC ECONOMY FOR THE FUTURE THROUGH A MULTIFACETED STRATEGY THAT INCLUDES BLOOMINGTON PARTNERSHIP'S FOCUS ON IMPROVING ACCESS TO QUALITY JOBS, FOSTERING BUSINESS GROWTH AND ENHANCING THE CITY'S IDENTITY AS A TOP TALENT DESTINATION. THE MISSION IS TO POSITION BLOOMINGTON AS A LEADER IN JOB CREATION AND REGIONAL COMPETITIVENESS BY FOSTERING AN ENVIRONMENT CONDUCIVE TO BUSINESS GROWTH AND SUSTAINABLE EMPLOYMENT.  AND THE OBJECTIVES ARE TO ENGAGE KEY STAKEHOLDERS, BUILD ORGANIZATIONAL INFRASTRUCTURE, COMMUNICATE SUCCESS AND IDENTIFY INVESTMENT OPPORTUNITIES. THERE ARE ACTUALLY FIVE COMMITTEES THAT ARE CURRENTLY SET UP. THEY MEET QUARTERLY. THERE'S AN COMMITTEE THAT HAS OVERSIGHT OF THIS PROGRAM AND THEN SUBCOMMITTEES THAT FOCUS ON BUSINESS AND LARGE EMPLOYERS TRAINING AND EDUCATION, INCLUSION AND BRANDING AND POSITIONING THEIR CITY STAFF ON THESE COMMITTEES AS WELL. AND SO WE'RE RIGHT IN THE PROCESS NOW STARTING TO BUILD OUT THE 2025 CALENDAR FOR THESE GROUPS. THERE'S TO BE A LOT OF CROSS COLLABORATION AND DISCUSSION BETWEEN THEM. THERE ARE A LOT OF TOPICS THAT ARE INTERESTING TO EVERYONE. FOR EXAMPLE LOCAL PURCHASING OR HOW BRAND AND TALK ABOUT THE CITY. SO AGAIN IF YOU'D LIKE TO LEARN MORE ABOUT THIS IN THE FUTURE OR COME TO ONE OF THESE MEETINGS YOU'D BE WELCOME TO.  AND SHAWN LUNDY SPECIAL PROJECTS AND INITIATIVES MANAGER IS THE PROJECT MANAGER ON THIS AS WELL. AND MAYOR, DID YOU WANT TO SAY ANYTHING ABOUT THIS? OKAY, GREAT. THEN CEO SUMMIT IS THE FINAL ITEM HERE. NEXT PLEASE.  AND THIS IS PLANNED TO BE A GATHERING APPROXIMATELY 20 OF THE BUSINESS LEADERS HERE IN BLOOMINGTON.  ALSO A VISION OF THE MAYOR TO BRING THE CEOS TOGETHER INTO A PRIVATE CONVERSATION TO HELP BUILD RAPPORT WITH THE CITY AND DISCUSS WHAT THE BUSINESS ENVIRONMENT HERE IS IN BLOOMINGTON AND HOW WE CAN WORK BETTER TOGETHER IN THE FUTURE.  THE GOAL IS TO MAKE IT AN ANNUAL EVENT AND THERE ARE MORE UPDATES TO COME. ANY QUESTIONS THERE ANY QUESTIONS ABOUT ANY OF THESE PROGRAMS?  I DON'T ANY HIGHLIGHTS I THINK. ALL RIGHT. YOU DID A GOOD JOB PRESENTING. OKAY I THINK WE CAN. OKAY. WELL, THE ITEM THAT WE HAVE IS THE PORT AUTHORITY AND THERE'S NO ACTION ON THAT ITEM, SIR. 430 BUDGET IN A LEVY.  ALL RIGHT, PRESIDENT ERICKSON AND COMMISSIONERS, THANK YOU FOR HAVING US BACK FOR A DISCUSSION OF THE PORT AUTHORITY BUDGET.  AS YOU RECALL LAST TIME WE DID TALK ABOUT WE ON THE LEVY AND DISCUSSED THE BUDGET BUT ELECTED TO BRING THE BUDGET BACK AGAIN DUE TO AN OMISSION IN THE PACKET AND ALSO JUST GIVE A LITTLE BIT MORE DETAIL INTO THIS BUDGET. IT IS VERY TO WHAT YOU SAW IN AUGUST OF THIS YEAR. MINOR CHANGES BUT WE ARE HAPPY TO GO THROUGH IT AGAIN AND THE AUTHORITY ACCOUNTANT MARY KATE HEINEN IS HERE AS WELL FOR QUESTIONS AFTERWARDS.  ALL RIGHT. NEXT SLIDE PLEASE.  ALL RIGHT. SO AS A REMINDER AS LOOK AT OUR WORK, THE PORT'S MISSION AND OBJECTIVE IS TO PROVIDE ECONOMIC DEVELOPMENT FOR THE CITY OF BLOOMINGTON AND WE DO THIS THREE MAIN AREAS DEVELOPMENT AND REDEVELOPMENT SERVICES BUSINESSES WHICH IS OUR NEWEST AREA AND CREATIVE PLACEMAKING AND WE SUPPORT THE CITY'S BLOOMINGTON SMART TOGETHER PRIORITIES OF A CONNECTED WELCOMING COMMUNITY SUPPORTED BY CREATIVE PLACEMAKING AND BUSINESS OUTREACH AND A COMMUNITY WITH EQUITABLE ECONOMIC GROWTH SUPPORTED BY OUR BUSINESS ASSISTANCE AND DEVELOPMENT WORK CITYWIDE EXIDE.  SO AS A REMINDER FOR A TIMELINE THE PORT UNDERGONE QUITE A LOT OF CHANGE IN THE LAST SEVERAL YEARS IN 2022 PORT EXPANSION CITYWIDE WAS IDENTIFIED AS A GOAL IN THE HRA ASSESSMENT AND IN 2023 THIS WAS THE FIRST YEAR OF THE PORT EXPANSION AND IT WAS FUNDED BY A NEW LEVY TRANSFER OF $1.4 MILLION FROM THE HRA TO THE PORT AND THE PORT WAS TO START OFFERING BUSINESS ASSISTANCE SERVICES FOR THE FIRST TIME IN 2020 FOUR THE PORT IMPOSED ITS FIRST LEVY OF $1.5 MILLION AND BEGAN ITS FIVE YEAR STRATEGIC PLAN PROCESS WHICH WAS NEARLY CONCLUDED. AND THEN IN 2025 WE REQUESTED AND WAS APPROVED FOR A 2.5 MILLION LEVY AND SOME OF THE MAJOR CHANGES THERE THAT WE'LL TALK ABOUT IN A MOMENT WERE FUNDING RESERVED SEATING A STRATEGIC ACQUISITIONS FUND AND PREPARING FOR FIVE YEAR PLAN PROJECTS THAT WILL BE COMING FORWARD. NEXT SLIDE.  SO IN OUR 2025 BUDGET YOU'LL SEE AS WE GET ALONG THE PROGRAM A TOTAL BUDGETED REVENUE OF 3,394,000 AND TOTAL BUDGETED EXPENSES OF $2,713,339 FOR REVENUE LESS EXPENDITURES  OF 680,661 AND THAT AMOUNT INCLUDES 200,000 TO BUILD RESERVES.  THIS IS IMPORTANT BECAUSE THIS IS A NEW FUND AND WE RECEIVE PAYMENTS TO IT ONLY TWICE A YEAR. SO WE NEED TO MAKE SURE THAT WE HAVE RESERVES FOR OBLIGATIONS AS THE YEAR GOES ON. AND THEN 300,000 TO SEED A STRATEGIC ACQUISITIONS FUND SO WE CAN BE OPPORTUNE TO STICK WITH THE PORT WITH OUR COLLEAGUES AND COMMUNITY TO IN CASE THERE ARE LAND ACQUISITIONS TO BE MADE FOR DEVELOPMENT OPPORTUNITIES IN THE FUTURE. AND THEN 180,661 IS HELD ASIDE AS A TYPE OF CONTINGENCY REALLY OPPORTUNITY FUNDS FOR IMPLEMENTING ECONOMIC DEVELOPMENT PLAN RECOMMENDATIONS.  WE FIND THROUGH THE COURSE OF THE YEAR AND THROUGH THE ALLIANCES WE ARE BUILDING THAT PROGRAMS COME UP THAT ARE EXCELLENT OPPORTUNITIES WE MAY NOT HAVE ANTICIPATED AND SO WE TRY TO HAVE FUNDS LIKE THIS AVAILABLE IN BUDGET.  THIS WILL BE FUNDED BY A TRANSFER FROM THE SOUTH OF DEVELOPMENT FUND TO THE GENERAL FUND OF $894,000 AND THEN OUR LEVY REQUEST OF 2.5 MILLION.  NEXT SLIDE.  ALL RIGHT. SO SOME SERVICES TO CONTINUE OR EXPAND IN 2025.  THESE ARE THINGS WE'RE ALREADY DOING AND MAY A BIT SO OFFERING THE COMMERCIAL AND MIXED USE DEVELOPMENT AND REDEVELOPMENT ASSISTANCE CITYWIDE INCLUDING TIP APPLICATIONS AND GRANT ASSISTANCE.  THIS IS WORK THAT THE PORT HAS DONE FOR A LONG TIME AND IS VERY FAMILIAR TO US ALL.  THE DIFFERENCE IS IT CONTINUES TO GO CITYWIDE AND THAT IS PICKING UP FACILITATING THE APPLICATION OF BLOOMINGTON'S OPPORTUNITY HOUSING ORDINANCE IN COLLABORATION WITH HRA AND PLANNING OFFERING BUSINESS ASSISTANCE AND RETENTION SERVICE TO SMALL BUSINESSES, EARLY STAGE ENTREPRENEURS AND LARGE EMPLOYERS OFFERING CREATIVE PLACEMAKING CITYWIDE AND SUPPORTING THE IMPLEMENTATION OF THEIR CITYWIDE PLAN OFFERING CREATIVE FINANCIAL TO SMALL BUSINESSES THROUGH FACADE IMPROVEMENT GRANT AND THE BUSINESS RETENTION PROGRAM PARTICIPATING IN REGIONAL COLLABORATIONS SUCH AS THE CHIPS COALITION PROMOTING THE CITY'S ENVIRONMENT THROUGH EVENTS SUCH AS THE BROKER BREAKFAST CAR EXPO AND ICC AND ALLOCATED DEVELOPMENT GRANT FUNDING TO ASSIST DEVELOPMENT PROJECTS OR STUDIES CITYWIDE. NEXT SLIDE ACTUALLY MR. PRESIDENT, IF I COULD JUST ASK THE QUESTION OF THOSE THINGS THAT YOU MENTIONED ALL THE EXISTING SERVICES CONTINUE TO EXPAND AND THE NEW SERVICES THAT YOU'RE GOING GET TO ALSO BUT MAYBE AND MAYBE IT'S ON THAT SLIDE BUT HOW DOES IT WORK TOGETHER WITH THE WORK THE COMMUNICATIONS TEAM IS DOING AS WE TALK ABOUT TRYING TO MARKET OR BRAND THE CITY OR TELL OUR STORY BETTER, HOW DOES THIS ALL WORK TOGETHER AND SHOULD THAT BE A BULLET POINT? YOU KNOW, TELL OUR BETTER IN CONJUNCTION WITH THE COMMUNICATIONS WORK THAT'S GOING ON? YES. PRESIDENT ERICKSON MR. MAYOR,  COMMISSIONERS ACTUALLY THAT IS ON THE NEXT SLIDE. OH, THERE WE GO. ALL RIGHT YOU CAN TELL ME AT ANY TIME JUST HOW YOU'RE SHILLING FOR THANK YOU SO MUCH. HE IS NOT A PLANT SO WE WILL BE IN 2025 BUILDING OPERATING RESERVES.  THE PORT AUTHORITY AS I HAVE MENTIONED LAUNCHING A STRATEGIC ACQUISITIONS FUND FOR FUTURE LAND PURCHASES, REALLY BUILDING OUT OUR PARTNERSHIP THAT WE'VE MENTIONED IN THE PAST WITH THE MINNESOTA SMALL BUSINESS DEVELOPMENT CENTER WHICH IS AN AFFILIATE OF THE US SBA SMALL BUSINESS ASSOCIATION AS WELL AS DEED HERE IN THIS STATE WHICH EXPANDS TECHNICAL ASSISTANCE OFFERING FOR SMALL BUSINESSES. AND I SHOULD GIVE BARB AND HER TEAM A SHOUT OUT. THERE WAS A VERY LARGE EVENT WITH THIS GROUP AT THE ZAWADI CENTER ON FRIDAY NIGHT WITH OVER 150 PEOPLE IN ATTENDANCE. SO THE WAY WE'RE WORKING WITH THIS PROGRAM IS TO BRING OUR TECHNICAL ASSISTANCE AND OFFERINGS TO DIFFERENT GATHERING GROUPS THROUGHOUT THE COMMUNITY RATHER EXPECTING THEM TO COME TO US. SO WE SAW GREAT SUCCESS WITH THAT AT THE ZAWADI CENTER AND HOPE TO CONTINUE TO FIND DIFFERENT COMMUNITIES TO WORK WITH TO GET THE MESSAGE OUT THAT THERE IS TECHNICAL ASSISTANCE THERE'S FREE PROGRAMING THERE WORKSHOPS IN THE CITY REALLY WANTS TO WORK WITH THE BUSINESS COMMUNITY HERE SO WE WILL BE PROMOTING THE CITY OF BLOOMINGTON THROUGH MARKETING AND STRATEGIC COMMUNICATIONS SHOWS ETC. THERE'S SOME DEDICATED FUNDING THERE FOR CROSS-DEPARTMENTAL COLLABORATION BUT THE COMMUNICATIONS DEPARTMENT ALSO HAS FUNDING THAT THEY HAVE DEDICATED TO HIRE CONSULTANTS TO HELP US WITH OUR STORYTELLING. THAT COULD TAKE SEVERAL FORMS. IT COULD BE A RELATIONS PROFESSIONAL WHO'S HELPING US WITH PITCHES POSSIBLY AT THE NATIONAL SCALE. IT COULD BE A REBRAND FOR THE CITY. THERE ARE A LOT DIFFERENT WAYS WE CAN TAKE THIS. WE'VE ALSO BEEN TALKING IT TO THE TRADE OFFICE HERE IN MINNESOTA ABOUT HOW THEY BUILDING BRAND MINNESOTA AND HOW THEY TALK ABOUT THE COMMUNITY.  SO WE DO PLAN TO SPEND SOME DEDICATED TIME HERE IN COLLABORATION WITH THE COMMUNITY SCIENCE TEAM NEXT YEAR IN THIS SPACE YOU COULD HAVE JUST TOLD ME BE PATIENT.  WE'RE KIND OF WE'RE GETTING TO THAT. OKAY. SO ALL RIGHT. AND SO WE ALSO PLAN TO DEVELOP MORE PROGRAMS FOR COMMERCIAL AREAS THROUGH THE COMMERCIAL NODES TOOL KIT THAT'S GETTING BUILT AS A COLLABORATION WITH THE PORT PLANNING AND OTHERS IN COMMUNITY DEVELOPMENT. AND SO THAT'S BRINGING US PROGRAMS LIKE THE FACADE IMPROVEMENT GRANTS AND REALLY PRIORITIZING THE COMMERCIAL AREAS OF THE CITY THAT COUNCIL AND OTHERS HAVE LOOKED AT THROUGH THE YEARS AND WOULD LIKE TO SEE AT LEAST UPDATED IF NOT REDEVELOPED IN THE FUTURE. WE ARE PLANNING TO MANAGE STAFF OF THE CITY'S BLOOM AND BLOOMINGTON INTERNSHIP PROGRAM FOR 2025 AND THEN BEGIN LAUNCHING OTHER RECOMMENDATIONS OF THE FIVE YEAR ECONOMIC DEVELOPMENT PLAN . WE WILL BE DOING AN INFLAMMATION IMPLEMENTATION WORKSHOP SHORTLY WHICH WILL HELP US DECIDE WHICH OF THOSE WE'LL BE LOOKING AT IN 2025. NEXT SLIDE PLEASE.  OTHER WAY ALL AND SO YOU SHOULD BE FAMILIAR WITH THE PORT AUTHORITY TEAM HERE WE HAVE THE CREATIVE PLACEMAKING GROUP WHICH IS ALEJANDRO PALANCA AND, THEN KATHRYN MURRAY. WE HAVE THE ASSISTANT PORT AUTHORITY ADMINISTRATOR KEVIN KINASE AND THEN LUKE SPANO AS THE ECONOMIC DEVELOPMENT ANALYST BE REPLACING ONE OF THE ECONOMIC DEVELOPMENT ANALYST POSITIONS THEN KENNY NIEMEYER IS A HOUSING DEVELOPMENT SPECIALIST THAT WILL BE SHARING NEXT 5050 WITH THE HRA AND THEN WE STILL THE SENIOR ANALYST POSITION THAT WAS FILLED BY BECKY SCHINDLER VACANT WE ARE HOLDING THAT JOB DESCRIPTION OPEN AND CONTINUING TO TALK TO ASSESSING WHO SHARED THE POSITION WITH TO TALK WHAT OUR NEEDS MIGHT BE IN THE FUTURE AND THEN WE HAVE THE ASSISTANT PORT ADMINISTRATOR BARB WOLFE WHO FOCUSES ON BUSINESS ASSISTANCE AND THEN WE'LL BE HIRING THAT BUSINESS ASSISTANT SPECIALIST TO HELP BUILD CAPACITY IN THAT SPACE MOVING FORWARD. AND THEN OF COURSE WE HAVE OFFICE SUPPORT WITH MARGARET AND THEN WE SHARE STAFF WITH FINANCE AND WITH LEGAL. SO MARY KAY IS OUR ACCOUNTANT AND THEN MELISSA WORKS WITH US ON BEHALF OF CITY LEGAL SIDE.  THANK YOU VERY MUCH. SO THEN MOVING ON TO GENERAL AND DEVELOPMENT FUND BUDGETS, WE'RE SHOWING THIS TOGETHER AT FIRST BUT THEN WE'LL SEPARATE IT INTO THE TWO SEPARATE FUNDS . SO JUST AS A QUICK REFRESHER, THE GENERAL FUND IS FUNDED BY INTEREST FROM THE SOUTH LIVE DEVELOPMENT FUND. IT CAN BE USED IN THE SOUTH LOOP. THERE ARE MORE RESTRICTIONS ON HOW WE CAN USE FUNDS.  THE SOURCE OF SOUTH OF DEVELOPMENT FUND LIQUOR AND LODGING TAX CITYWIDE BUT THIS IS INTEREST ON THAT ACCOUNT AND SO WE'VE USED THAT FOR OPPORTUNISTIC PROGRAMS LIKE EXPLORING EXPO OPPORTUNITY IN THE PAST AND IT ALSO JUST GENERALLY FINANCED THE STAFF OF THE PORT AUTHORITY AS IT WORKED IN SOUTH LOOP AND THEN THE DEVELOPMENT FUND IS FUNDED BY THE SO THAT WILL BE THE 2.5 MILLION NEXT YEAR. SO TOTAL REVENUES IN 2025 ANTICIPATED TO BE 3,394,000 TOTAL EXPENDITURES 2 MILLION $2,713,339. AND THEN WE DISCUSSED THE REVENUE LAST EXPENDITURES A LITTLE EARLIER IN THE PROGRAM. NEXT SLIDE, COMMISSIONER LANCE ,JUST A COMMENT.  YOU KNOW, I'VE LIVED MY WHOLE LIFE LOOKING AT THINGS LIKE THIS AND WHEN YOU LOOK AT THE PERCENTAGE CHANGE FROM 2024, I MEAN THE PERCENT CHANGE IS 14,795%. IT'S KIND OF A MEANINGLESS NUMBER. I MEAN WE AND WE FULLY UNDERSTAND THERE'S BEEN A MAJOR CHANGE IN OPERATIONS HERE BUT.  YOU PULL IT UP, YOU SEE THAT AND JUST LIKE ACTUAL IT'S JUST KIND OF MEANINGLESS AND IT MIGHT BE BEST TO JUST LEAVE IT BLANK OR I DON'T KNOW OR POSTERITY OF ANY WAS GOING TO LOOK AT THESE BUT YOU AT THAT AND JUST GO OH THAT'S JUST CRAZY THAT'S THE OTHER ONE IS WHAT'S YOUR OWN 83,071% SO I DON'T KNOW I DON'T KNOW BUT IT IS WHO PUTS THESE TOGETHER FOR US PRESIDENT ERICKSON COMMISSIONER LYONS AND COMMISSIONERS THIS IS PUT TOGETHER BY THE FINANCE DEPARTMENT AND.  YOUR COMMENT IS NOTED THESE ARE NEW FORMATS FOR US IN 2025. SO I THINK THAT EDIT IS IS WELL NOTATED AND I DON'T ANTICIPATE HAVING GROWTH LIKE THAT IN THE FUTURE I CHECKED IT IT'S CORRECT OKAY IT'S LIKE OH OKAY WELL I THINK ONE OF THE THINGS THAT'S HAPPENING IS BECAUSE YOU'RE TRYING TO BUILD SOME RESERVES OR CASH FLOW PURPOSES. SO THIS IS REALLY A ONE TIME THING THAT YOU'LL SEE AND AFTER THIS YOU END UP GOING FROM A NEGATIVE TO TO OBVIOUSLY INCREASE AND THAT'S WHERE YOUR DIFFERENCE COMES.  ALL RIGHT. THANK YOU. SO NOW ON TO THE GENERAL FUND . SO AS WE MENTIONED, THAT WILL BE 894,000 REQUESTED AND THEN SPENDING HUNDRED AND 89,000 VERY CLOSE. THIS IS THE AREA IS IN THE SOUTH LOOP. THIS IS THE FUNDING THAT WE USE FOR THAT TYPE OF WORK.  IT FUNDS SOME STAFF, IT FUNDS SOME CONSULTING PARTICULARLY IF WE'RE LOOKING AT WE'VE ANTICIPATED A LITTLE EXTRA ON THE WATER PARK SHOULD  THAT MOVE FORWARD AND WE SAVE SOME FUNDS HERE TO BE OPPORTUNISTIC. WE STILL OWN PROPERTY IN THE SOUTH LOOP AND THAT STILL TO BE AN AREA OF EXTREME INTEREST. SO WE'VE FUNDED SOME STUDIES IN THE PAST FOR CERTAIN PROJECTS AND SO WE WILL CONTINUE SO TO HAVE THIS SOURCE OF RESOURCES FOR THE SOUTH WOODBURY IN THE FUTURE.  NEXT SLIDE. ALL RIGHT. AND THEN ON TO THE DEVELOPMENT WHERE YOU'VE SEEN THE BIGGEST CHANGE THAT IS THE 2.5 MILLION LEVY THAT INCREASED BY A MILLION FROM THE YEAR BEFORE.  AND THEN MOVING ON TO THE NEXT SLIDE, I'LL EXPLAIN A LITTLE BIT OF WHAT CHANGE WAS ABOUT. SO THE NEW DEVELOPMENT FUND EXPENSES YOU SEE IN THAT LINE ITEM ARE 200,000 FOR OPERATING RESERVES WHICH YOU MENTIONED AND IT'S IMPORTANT TO HAVE BECAUSE OF THE WAY THIS FUND COMES IN TWICE A YEAR, 300,000 FOR THAT STRATEGIC ACQUISITIONS FUND, 75,000 FOR NEW SMALL BUSINESS PROGRAM LIKELY 60,000 OF THAT IS COMMITTED TO THE SMALL BUSINESS DEVELOPMENT CENTER PROGRAMING, WHICH IS THE TYPE OF PROGRAMING WE'RE DOING WITH THE ZAWADI CENTER WE'VE COMMITTED 60,000, THEY HAVE COMMITTED 60,000 BUT OCCASIONALLY WE FIND OTHER SOURCES FOR THESE TYPES OF PARTNERSHIPS 50,000 FOR MARKETING AND TRADE SHOWS AND STRATEGIC COMMUNICATIONS.  THE COMMUNICATION SEEMED ALSO HAS A SOURCE OF FUNDING THAT THEY CAN BRING TO THE TABLE FOR THIS. SO WE ANTICIPATE THAT ACTUALLY HAVING A BIT MORE OF THIS AS A RESOURCE 100,000 FOR COMMERCIAL NOTES TOOLKIT OPPORTUNITIES 45,000 FOR THE CONTRIBUTION TO THE BUSINESS RETENTION FUND.  YOU MAY REMEMBER THIS FROM LAST YEAR THIS WAS A NEW FUND WAS FUNDED BY THE CITY'S STRATEGIC PRIORITIES FUNDS IS 45,000 A YEAR POTENTIALLY WILL INCREASE IT BUT WE ARE TRYING TO A SOURCE OF FUNDS SHOULD SMALL BUSINESSES BE DISPLACED BY IN THE FUTURE SO WE CAN HELP FACILITATE SOME OF THEIR MOVING AND MAKE SURE THEY CAN STAY IN THE COMMUNITY AND THEN WE HAVE 150,000 HERE FOR THE SMALL BUSINESS CENTER OPERATING EXPENSES ON AND AGAIN THAT PROGRAM IS STILL UNDER CONSIDERATION IT'S BEEN PAUSED SHOULD WE GO BACK TO IT? WE WILL HAVE THIS FUNDING AVAILABLE TO IT SHOULD WE NOT THE REQUEST THAT IT CONTINUE TO BE FOCUSED ON EQUITABLE ECONOMIC DEVELOPMENT WORK WHICH THINK THIS TEAM IS DOING A VERY GOOD JOB OF IDENTIFYING OPPORTUNITIES FOR NEXT SLIDE JUST ANOTHER QUESTION IT'S JUST A ON THIS LAND ACQUISITION FUND I THINK I'VE GOT THE CART AHEAD OF THE HORSE MAYBE BUT IS THERE A PROTOCOL SET UP? I MEAN WHEN THE PORT IS HAS AN OPPORTUNITY TO PURCHASE SOME PROPERTY LAND WHATEVER WHO DOES IT AND IS PROCESS FOLLOWED THE SAME AS OF THE CITY ITSELF WOULD WE BE BE DOING THAT AND LIKE I SAID THAT'S PROBABLY A PREMATURE QUESTION BUT I WAS JUST ASKED PRESIDENT ERICKSON LENZ AND COMMISSIONERS THAT IS A VERY GOOD QUESTION TO ASK.  I HAVE NOT BEEN A WITNESS TO THE PROCESS BEFORE BUT MY UNDERSTANDING IS IT'S BEEN RELATIVELY OPPORTUNISTIC AND ON A CASE BY CASE BASIS.  HOWEVER IN THE FIVE YEAR DEVELOPMENT PLAN WE'VE IDENTIFIED LAND AS AN AREA THAT NEEDS ATTENTION. THE PLANNING TEAM IS ALREADY LOOKING AT THIS A BIT TAKING AN INVENTORY OF WHAT WE OWN AND WHO OWNS IT. IT COULD BE THE CITY THAT OWNS IT THE PORT AUTHORITY, THE HRA AND THEN TAKING A LOOK AT HOW WE BUY PROPERTY WHEN WE WOULD BUY PROPERTY WHAT THAT CRITERIA MIGHT BE. SO THAT'S NOT BUILT OUT YET BUT IT HAS IDENTIFIED AS A PRIORITY AND OBVIOUSLY WITH THAT KIND OF MONEY WE CAN'T REALLY HAVE A VERY BIG CHECKBOOK.  SO IT'S HARD TO DO A LOT OF STUFF. I MEAN UNLIKE SOUTH OVER WHERE WE HAD MORE TO FUNDS AND CAN DO MORE I MEAN WE REALLY DON'T HAVE A LOT AT THIS JUNCTURE BUT I DO THINK IT'S VERY, VERY IMPORTANT HAVE SOME DOLLARS SET ASIDE FOR THINGS THAT COME UP AND THE ECONOMIC DEVELOPMENT WE NEVER KNOW. I MEAN I'M TRYING TO REMEMBER TO THE SIC DEVELOPMENT BUT YOU KNOW THAT CAME ON SCREEN FAIRLY QUICKLY AND I'M NOT SURE YOU KNOW WE WERE FORTUNATE I THINK TO SOME OF THE FUNDS OR THINGS AVAILABLE THERE BUT WHETHER IT'S THE KIND OF WORK FOR MONEY FOR THE KIND OF WORK WE'RE DOING IS CRITICALLY IMPORTANT AND.  SO WHAT IT LOOKS LIKE EARLY IN THE BUDGET YOU'RE PRESENTING IS IT'S HIGHLY LIKELY THERE MAY BE SOME ADDITIONAL FUNDS THAT COULD REPROGRAMED FOR SOMETHING ELSE AND THAT WILL EVOLVE AS TIME MOVES ON. PRESIDENT ERICKSON COMMISSIONER, IF THAT'S TRUE AND THAT THAT IS PART OF HOW WE'VE BUILT OUT THE BUDGET FOR THIS YEA TO MAKE SURE THAT THERE WE CAN BE OPPORTUNISTIC AND THERE ARE A FEWPLORE HOW WES LIKE THE NOTES TOOLKIT. WE HAVEN'T DECIDED WHAT THAT PROGRAM WILL BE YET. WE JUST KNOW THAT THAT IS A PRIORITY.  OKAY, WE'RE THREE QUESTIONS ALMOST SIR.  OH, SO IF THERE'S NO QUESTIONS ,HAVE A MOTION. YES. I'M SORRY.  ALL RIGHT, ALL RIGHT. ALL RIGHT. SO JUST QUICKLY TO REVIEW THE ACTION STEPS, YOU APPROVED THE PRELIMINARY BUDGET AND LEVY ON AUGUST 20TH HERE AT THE PORT AUTHORITY COMMISSION CITY COUNCIL APPROVED IT ON SEPTEMBER THE PRELIMINARY LEVY AND BUDGET SEPTEMBER 27TH.  IT WAS FILED WITH THE COUNTY NOVEMBER 19TH WE CAME BACK FOR A FINAL LEVY RECOMMENDATION DECEMBER 2ND THE CITY COUNCIL APPROVED THE LEVY AND THEN DECEMBER 10TH WE'RE HERE FOR THE FINAL BUDGET APPROVAL AND . THEN WE WILL FILE WITH HENNEPIN COUNTY BY THE END OF THE YEAR. NEXT SLIDE PLEASE.  AND THERE IS A SUGGESTED MOTION IF YOUR PACKAGE IS ON PAGE AND THE NEW PACKAGE IS ON PAGE 26, THIS IS RIGHT IN FRONT OF YOU. SO ANY FURTHER DISCUSSION OR QUESTIONS IF NOT I WOULD ENTERTAIN THE MOTION THAT'S UP ON THE SCREEN I'LL MAKE THE MOTION MADE BY COMMISSIONER LANCE. DO WE HAVE A SECOND SECOND BY COMMISSIONER HUNT ANY FURTHER DISCUSSION IF NOT ALL SAID IN PURSUING I PROPOSED MOTION CARRIES FIVE ZERO SO THE NEXT ONE WE HAVE THEN IS THE VIA MS. PACKAGE IT'S KIND OF A HOUSEKEEPING DETAIL BUT IT CERTAINLY HAS A LOT OF PAPER WITH IT. IT SURE DOES GOOD EVENING, PRESIDENT ERICKSON, MAYOR BUSSEY AND COMMISSIONERS, WE ARE HERE REQUESTING APPROVAL OF A RESOLUTION THAT ALLOWS FOR THE EXECUTION OF A NUMBER OF AGREEMENTS RELATED TO THE PARKING LEASE IN A STOP AGREEMENT DOCUMENTS FOR THE ALPHA FIVE PROPERTIES IN THE SOUTH LOOP DISTRICT SOUTH LOOP INVESTMENTS LLC IS REFINANCING THE AC MARRIOTT HOTEL AND THE LENDER IS ASKING THE COURT TO APPROVE TWO AGREEMENTS IN TWO CERTIFICATES RELATED TO THE ALPHA PARKING RAMP WHICH THE PORT OWNS AND LEASES TO SOUTH LOOP INVESTMENTS FOR A 25 YEAR LEASE TERM.  THE ESTOPPEL AGREEMENT AND OR THE ESTOPPEL AND AGREEMENT REAFFIRMS THE TERMS OF THE PREEXISTING LEASE TERMS THERE ARE NO UNDISCLOSED ITEMS OR ISSUES AND PROVIDES NOTIFICATION PROCEDURES TO FUTURE LENDERS IF ANY ISSUES DO ARISE PORT AND CITY LEGAL HAVE REVIEWED THE DOCUMENTS AND CITY COUNCIL APPROVED THE RESOLUTION COMPONENTS THAT ARE SPECIFIC TO THE DOCUMENTS THAT THEY TO SIGN YESTERDAY EVENING AND THAT WAS DUE TO THE USE THE SOUTH LOOP DEVELOPMENT FUNDS FOR THE CONSTRUCTION OF THE RAMP AT THE PORT AS OWNER OF THE RAMP HAS TO APPROVE THOSE SAME DOCUMENTS AND TWO ADDITIONAL DOCUMENTS CONTAINED IN YOUR PACKET.  THOSE ARE ATTACHED IN THEIR SUBSTANTIALLY COMPLETED FORM TO THIS AGENDA AND I STAND FOR ANY QUESTIONS QUESTIONS FOR KEVIN IF NOT THERE IS A MOTION IN YOUR PACKAGE UNLESS YOU HAVE A MOTION ON THE SCREEN OR NO NO I APOLOGIZE. IN THE OLD PACKAGE IT WAS ON PAGE 105 OF THE NEW PACKAGES ON PAGE 27 AND THE FULL RESOLUTION IS ON PAGE 29 AND 30. SO I WOULD ENTERTAIN THAT MOTION  COMMISSIONER LANCE MOVES TO WE HAVE A SECOND I WILL SECOND THAT MR. BUSSEY SECONDED ANY FURTHER DISCUSSION IT'S NOT ALL IN FAVOR PLACING IT OVER SAYING I I OPPOSED MOTION CARRIES FIVE ZERO ALL RIGHT SO HOLLER AT THE NEXT ONE I THINK ASSISTANT REFEREE WE WANT TO TALK ABOUT MIKE PALERMO AND HE'S ABSOLUTELY RIGHT.  IS MIKE HERE? WOW. WELL, ALL RIGHT. I GOT TO GO NOW TO THE SO I DON'T KNOW IF THIS IS REALLY A FORMAL ITEM I'LL JUST TAKE THE OPPORTUNITY TO SAY THANK YOU FOR THE TIME HERE. IF YOU HAVEN'T HEARD I'VE BEEN PROMOTED TO ASSISTANT HRA ADMINISTRATOR SO I'LL BE NOW WITH THE HRA WORKING ON OUR CDBG PROGRAMS OR HOMEOWNER REHAB PROGRAMS AND OR SINGLE FAMILY DEVELOPMENT PROJECTS.  BUT YEAH I'VE ENJOYED MY TIME AT THE PORT AUTHORITY AND IT'S BEEN VERY INTERESTING AND YOU KNOW WE'VE GOT SOME BIG PROJECTS THAT I'M REALLY PROUD OF THAT I'VE BEEN ABLE TO DO SO I THANK YOU FOR YOU KNOW, GUIDING ME THROUGH THE WAY. WELL MIKE, WE WANT TO THANK YOU VERY MUCH AGAIN.  WHAT HAVE YOU BEEN WITH THE CITY FOR FIVE YEARS? SIX YEARS COMING UP ON EIGHT YEARS. EIGHT YEARS. WOW. WELL YES, IT IT'S IT'S ALWAYS GREAT WHEN WE SEE SOMEBODY THAT IS PROMOTED WITHIN THE CITY TO ANOTHER POSITION AND SO WE WILL MISS HAVING YOU MAKE PRESENTATIONS ALTHOUGH I UNDERSTAND TALKING TO SOME PEOPLE THAT WE'RE LIKELY TO SEE YOUR FACE ONCE IN A WHILE AGAIN.  SO WE WANT TO THANK YOU FOR YOUR SERVICE AND WISH YOU ON AND YOU KNOW WE WILL BE WATCHING WITH INTEREST YOUR CAREER AT THE CITY OF OC WE THEN HAVE THE PORT AUTHORITY ADMINISTRATOR OBVIOUSLY I WILL MOVE WITH GREAT SPEED PRESIDENT ERICKSON AND COMMISSIONERS ACTUALLY MIKE CAN YOU COME UP SOUTHAM MIKE'S GOING TO JUST ONE QUICK LAST UPDATE FOR HIMSELF YOU DIDN'T ESCAPE HERE. NO I AS I SUPPOSED TO PREPARE JUST AN UPDATE OH A QUICK UPDATE WITH SOUTHTOWN THEY HAVE SUBMITTED KIND OF A PRELIMINARY APPLICATION FOR TAX INCREMENT FINANCING. THERE ARE SOME THINGS THAT WANT THEM TO KIND OF ADDRESS AND MAKE SURE TO ADDRESS OUR CONCERNS THAT WE HAD THAT OUR DISCUSSION AND TALK ABOUT MORE WALKABILITY CREATE MORE OF A BLOCK STRUCTURE ON THE PROPERTY, CONNECT BETTER TO THE THE BUS RAPID TRANSIT THAT THEY'RE GOING TO HOPEFULLY COME BACK WITH SOME MORE DETAILED PLANS AND REALLY HIGH LEVEL PLANS I THINK THEY MENTIONED I CREATED IT SO THEY HEARD THE MESSAGE THAT THEY WANT TO SEE MORE DETAIL IN THAT SO THEY'LL COME BACK WITH THAT AND WITH THAT WILL BE SOME MORE FINITE FINANCIAL DETAILS AS WELL THAT WILL HELP US DETERMINE YOU KNOW MAKE THE BUT FOR A TEST BUT FOR THIS FUNDING THE PROJECT WILL MOVE FORWARD AND BE ABLE TO ADDRESS THOSE THINGS THAT WE NEED TO THE REQUIREMENTS TAX INCREMENT FINANCING WELL I THINK THE IMPORTANT THING WITH SELF-TANNERS WE HAD QUITE A DISCUSSION WHEN IT FIRST CAME OUT AND IF YOU'RE GOING TO HAVE A MIXED USE DEVELOPMENT IT HAS TO BE SOMETHING THAT IS REALLY MIXED USE WITH SOME SUBSTANTIAL THINGS AND SO THEY'VE APPARENTLY GOT THAT MESSAGE AND I THINK IT'S IMPORTANT STAFF TO CONTINUE TO REINFORCE THAT WITHIN THAT IF WE'RE GOING TO DO THAT WE EXPECT TO SEE SOMETHING THAT'S FAIRLY ROBUST SO THANK YOU.  THANK YOU. ALL RIGHT.  MOVING ON QUICKLY, THE FIVE YEAR ECONOMIC DEVELOPMENT PLAN THAT YOU SAW AT OUR LAST SESSION. THOSE CONSULTANTS WILL BE BACK HERE ON DECEMBER 16TH AND 17TH. WE'RE CURRENTLY INCORPORATING EDITS FROM COMMISSION AND TEAM MEMBERS. WE'LL HAVE A MISSION WORKSHOP TO COMPOSE A NEW MISSION FOR THE PORT ON THE 16TH THEY WILL BE PRESENTING THE CITY COUNCIL ON THE 16TH WE'LL HAVE OUR IMPLEMENTATION WORKSHOP ON THE 17TH AND THEN WE PLAN TO BE BACK TO PRESENT THE PLAN ON THE JANUARY 21ST PORT MEETING BRIEF SKYWALKER ANNOUNCEMENT THEY HAVE SIGNED A PRELIMINARY MEMORANDUM OF TERMS VALUED OF UP TO 16 MILLION WITH THE CHIPS FOR AMERICA PROGRAM. SO THAT'S THE SECOND SUCH ANNOUNCEMENT HERE IN BLOOMINGTON, ONE OF JUST A FEW OF THE INITIAL ANNOUNCEMENTS IN THE UNITED STATES.  SO IT'S NOT A FINAL AGREEMENT YET BUT WE EXPECT THAT COMING THROUGH THE PORT HAS BEEN AWARDED 50,000 FOR A BUSINESS DISTRICT INITIATIVE GRANT FROM HENNEPIN TO SUPPLEMENT THE FACADE IMPROVEMENT GROUP GRANT PROGRAM FOR 2025.  AND THAT IS GREAT BECAUSE IT ALLOWS US TO GIVE OUT MORE FUNDS.  YOU HAVE ALL HEARD BY NOW THAT THE CITY MANAGER HAS GIVEN NOTICE JAMIE FREIBERG WHO'S BEEN WITH THE CITY FOR TEN YEARS WILL HAVE HIS LAST DAY ON JANUARY 7TH AND THE MAYOR WAS GOING TO GIVE JUST A QUICK UPDATE ON WHAT THE PLANS ARE FOR FILLING THAT POSITION. THANK YOU, HOLLY. YES, WE THERE'S BEEN THE SECOND TIME AROUND FOR ME THE HIRING A NEW CITY.  IT'LL BE INTERESTING BUT WHAT WE HAVE WE AREN'T SOLID DECISIONS ON A COUPLE OF THINGS BUT WE'RE GETTING THERE FOR EXAMPLE AN INTERIM CITY MANAGER POSITION. WE FIGURE WE'RE GOING TO NEED SOMEBODY IN INTERIM POSITION FOR THE THE DURATION OF THE SEARCH HAVING PUT TOGETHER THAT PLAN YET HOPEFULLY BY NEXT MONDAY NIGHT AT THE COUNCIL MEETING BE ABLE TO GO TO THE COUNCIL AND GET APPROVAL OF THAT AND WE'LL MOVE FORWARD AN INTERIM PLAN AND SIMILARLY WE'RE JUST IN THE BEGINNING STAGES OF WORKING WITH THE SEARCH FIRM TO TRY AND FIGURE OUT WHAT THE NEXT STEPS WILL BE FROM THE SEARCH FIRM.  OBVIOUSLY THE BLOOMINGTON MANAGER JOB IS THE PLUM JOB IN THE TWIN CITIES AND IT'S PROBABLY THE IN MINNESOTA AND WE EXPECT WE COULD WE COULD AS I SAID LAST NIGHT AT THE COUNCIL MEETING WE COULD PUT AN AD IN THE STAR TRIBUNE AND I THINK WE'D DO JUST FROM A RECRUITMENT STANDPOINT BUT I WOULD LIKE TO MAKE SURE THAT WE WE REALLY WORK WITH THE SEARCH FIRM TO TO GET THE FEEDBACK FROM THE COUNCIL AND FROM BOARDS AND COMMISSIONS IN THE COMMUNITY AND SO ON TO FIGURE OUT EXACTLY WHAT THIS COMMUNITY WANTS AND NEEDS IN A NEW CITY MANAGER AND AND THEN BE ABLE TO RECRUIT AND AND ATTRACT THE FOLKS WHO WOULD CHECK BOXES AND MEET THOSE NEEDS THAT THE COMMUNITY AND THE COUNCIL AND THE THE STAFF AND THE BOARDS AND COMMISSIONS HAVE BROUGHT FORWARD. SO I KNOW THAT WE'RE GOING TO GET A REGARDLESS WE'RE GOING TO GET A GREAT GROUP OF OF CANDIDATES APPLICANTS. I HAVE NO DOUBT ABOUT THAT. THIS IS ALSO A PLUM SEARCH FIRM JOB. SO I KNOW WE'RE GOING TO GET A LOT SEARCH FIRM INTEREST IN THIS AND HOPING TO WORK WITH US. BUT ALL OF THOSE DETAILS ARE YET TO COME.  SO I'M DISAPPOINTED THAT TO SEE JAMIE GO BUT IS IT IS A LITTLE OVER NINE YEARS IT'S ALMOST TEN YEARS IT'LL BE TEN YEARS SHORTLY BUT OBVIOUSLY CATHOLIC CHARITIES TWIN CITIES IS AN OUTSTANDING ORGANIZATION. HE'S GOING TO BRING A STRONG AND UNIQUE PERSPECTIVE TO THE TO THE ORGANIZATION. WE'RE DEFINITELY GOING TO MISS HIM GOOD FOR HIM, BAD FOR US KIND OF THING BUT I'M EXCITED FOR HIM AND WISHING HIM WELL.  THE RESTAURANTS I PRESUME IT'S I MEAN IT'S OBVIOUSLY WITH THEM ON REAL ESTATE BUT I PRESUME IT'S ALSO FOR THE ACTUALLY I IT'S ALL THE DIFFERENT PIECES IT'S YES IT'S IT'S ONE OF THE MOST COMPLEX CITIES CERTAINLY I MEAN ONCE YOU GET OUTSIDE THE CENTRAL IT'S ONE OF THE MORE COMPLEX CITIES CERTAINLY THE MOST COMPLEX SUBURB.  WE DO FUN AND EXCITING THINGS AND WE'VE GOT A CHALLENGING AND WE DO AND WE'VE GOT GREAT OPPORTUNITIES IN OF US.  SO AS I SAID THIS IS GOING TO BE A THIS IS THIS IS GOING TO BE A VERY SOUGHT AFTER POSITION BY A NUMBER OF FOLKS I HAPPEN TO RUN INTO JAMIE AND TALK WITH HIM BRIEFLY.  HE WAS TELLING ME THAT HE'S GOT 25 YEARS IN PR SO THAT'S ANOTHER THING THAT MANY PEOPLE WHEN THEY THEY GET THEIR PENSION BENEFITS ARE VESTED IN ME THEY LOOK AT SOMETHING BUT HE SEEMS REALLY EXCITED ABOUT THE NEW POSITION I'M SURE HE'LL DO A GREAT JOB IN THERE JUST AS AS HE'S DONE HERE.  MAYOR, DO YOU HAVE ANY IDEA OF THE TIMELINE ON THIS? THINGS ARE GOING TO BE SIX MONTHS HERE AND GIVE US THE LONGEST LEASH I KNOW HE DID NOT WHICH IS AND I WANT TO MAKE SURE WE DO THIS CORRECTLY THE LAST TIME WHEN WHEN MARK BERNARD'S AND RETIRED AND WE HIRED JAMIE I'M TRYING TO REMEMBER I THINK IT WAS A FOUR OR FIVE MONTH SEARCH PROCESS AND I WOULD EXPECT IT WOULD BE SIMILAR THIS TIME AND I COMMISSIONER PETERSON HERE THERE'S JUST THERE'S ONE OTHER FACTOR THAT YOU LOOK AT WHEN YOU SAY IT'S APPEALING IS THAT THIS IS LIKE THE FOURTH PERSON SINCE 1960 OR YES. YEAH IT DOES IT IT IT HAS A IT HAS A HISTORY OF SOMETHG THAT SOMEBODY CAN COME AND REALLY MAKE MAKE THEIR MARK ON. YOU KNOW IT'S NOT IT'S NOT THREE YEARS AND OUT IT'S NOT FIVE YEARS AND OUT. IT'S YOU KNOW, AS AS LONG AS SOMEBODY IS DOING WELL IN THE CITY AS THE CITY HAS HISTORICALLY DONE A GOOD JOB OF PICKING PEOPLE AS LONG AS YOU'RE DOING WELL YOU KNOW THE AND HAVE THIS PART THE COMMUNITY YOU CAN CONTINUE AT IT FOR A LONG TIME. IT'S A VERY GOOD PLAN BUT IT TO THE QUESTION OF PAY IT'S PROBABLY NOT GOING TO PAY VERY MUCH DIFFERENT THAN THAN OTHER TOP SUBURBS IT'S MORE IT'S MORE OF THE KIND OF INTERESNG NATURE OF THE WORK IN THE SPAN OF CONTROL SO 2024 YEARS. YEAH AND JOHN VISION WAS WHAT HOW MANY YEARS BEFORE THAT.  3022 YEARS. YEAH SOME AND BUT HE WAS IN THE LEGAL FUNCTION BEFORE SO AGAIN YOU KNOW AT ANY RATE SO A HALF CENTURY WITH THREE GUYS YEAH SO OKAY TWO MORE THANK YOU PRESIDENT ERICKSON AND COMMISSIONERS TWO MORE QUICK UPDATES FOR YOU AND THEN I KNOW WE'RE RUNNING TIGHT ON TIME SO WATERPARK THE MALL CONTINUES TO SEEK FINANCING FOR THE PROJECT AND SO WE ARE IN THE SAME PLACE WE WERE IN OUR LAST CONCURRENT MEETING AND APPROVAL IN APRIL. IT'S A CHALLENGING MARKET WE CONTINUE TO TALK TO THEM ON A REGULAR BASIS AND WE'LL UPDATE YOU AS SOON AS WE KNOW MORE WITH THAT IN MIND AND THE CHALLENGE OF THIS MARKET THEY MAY BE CONSIDERING SEEKING A LEGISLATIVE EXTENSION TO THE DEADLINE FOR THEIR SPENDING AS YOU MAY RECALL THAT EXPIRES ON DECEMBER 31ST OF NEXT YEAR AND SO THEY WOULD NEED TO HAVE THAT FUNDING  SPENT AND BEGIN CONSTRUCTION AND THAT IS LOOKING A MORE AND MORE CHALLENGING TIMELINE. SO I'M HAPPY TALK MORE ABOUT THIS. I KNOW WE'RE TING TO MOVE THIS ALONG BUT PERSONS FOR HOW LONG?  OKAY. AND THEN ONE MORE ITEM AND THEN THE FINAL CONCLUSION THAT I WANT TO BRING TO YOU IS YOU HEARD ABOUT SOONER ACCESS CHARGES AT OUR LAST PORT AUTHORITY THAT DID GO TO CITY COUNCIL ON DECEMBER 2ND, CITY COUNCIL HELD A PUBLIC HEARING. THEY ADOPTED AN ORDINANCE THAT ESTABLISHES A CITY FEE OF $2,026 PER UNIT FOR BUILDING APPLICATIONS SUBMITTED AFTER JANUARY 1ST, 2025. HOWEVER FOR THOSE OF YOU WHO WERE NOT WATCHING CITY COUNCIL ALSO DIRECTED TO STUDY AND BRING BACK BY MARCH 31ST RECOMMENDATIONS REGARDING POTENTIAL SAC EXEMPTIONS OR REDUCTIONS RELATED TO AFFORDABILITY, AFFORDABILITY, SUSTAINABILITY AND GEOGRAPHY AND THAT I BELIEVE THERE'S SOME FOCUS ON SOUTH LOOP AND THEN POTENTIAL OF THE SOUTH LIVE DEVELOPMENT FUND FOR FUTURE SANITARY SEWER.  THERE IS A STAFF WORKING GROUP THAT'S BEEN ON THIS PROJECT ALONG AND WILL BE CONVENING NEXT WEEK TO TALK ABOUT THAT FURTHER AND WHAT THAT MIGHT LOOK LIKE AND SO WE WILL PROBABLY BRING THAT DISCUSSION TO YOU AT A FUTURE MEETING.  OKAY. SO WE CAN NOW MOVE ON TO THE LAST ITEM ON THE AGENDA WHICH IS THE BUSINESS SURVEY AND WE APPRECIATE PETER AND YOUR WILLINGNESS TO MOVE THIS BECAUSE THE LAST TIME YOU WERE HERE WE SPENT SO MUCH TIME TALKING TO YOU AND ASKING YOU QUESTIONS AND THINGS THAT I WAS CONCERNED THAT IF YOU WERE FIRST ON THE AGENDA WE WILL GET TO THE OTHER THINGS ON THE AGENDA AND SO YOU'VE GRACIOUSLY AGREED TO CHANGE AND WE ONLY HAVE ABOUT 14 MINUTES OR MAYBE 20 BECAUSE WE HAVE TO MOVE TO ANOTHER ROOM FOR A 630 MEETING. SO AGAIN, WE MAY ASK YOU TO COME BACK LATER TIME AND I WENT THROUGH YOUR STUDY I MEAN IT IS FASCINATING AND SO WITHOUT FURTHER ADO ALL RIGHT . FOR THE PURPOSE OF TIME, DO I HAVE CONTROL THIS NOW? I DO HOPE I ALL RIGHT YOU DO IT CORRECT CLASS THAT YOU GET TO A MICROPHONE JUST GO YES.  THANK YOU.  ALL RIGHT. TO GO THROUGH THE METHODOLOGY WITH EVERYBODY TO JUST REFRESH IF WE GO TO THE FIRST SLIDE WE SPOKE OF 400 RANDOMLY SELECTED OWNERS AND MANAGERS ACROSS THE BLOOMINGTON BUSINESS COMMUNITY . INTERVIEWS WERE CONDUCTED BETWEEN AUGUST 20TH AND SEPTEMBER 20TH. AVERAGE COMPLETION TIME WAS 18 MINUTES AND THE NON-RESPONSE RATE WAS SIX AND A HALF PERCENT WHICH IS PRETTY GOOD. YEAH. ONCE IT BUT IF YOU LOOK AT THE TIME FRAME IT TAKES US A MONTH TO DO IT WE'RE NOT LIKE THOSE POLLSTERS THAT CALL UP BUT IF YOU DON'T ANSWER THE PHONE DONE WE'RE SETTING UP ESPECIALLY WITH OWNERS AND MANAGERS WE'RE SETTING I'LL GO THROUGH THE DEMOGRAPHICS FAIRLY QUICKLY HERE IF WE GO TO THE NEXT SLIDE HOW LONG HAS THE BUSINESS BEEN IN THE COMMUNITY NOW KEEP IN MIND LIKE I TALKED WITH THE COUNCIL LAST WEEK THE 2021 DATA WERE ABOUT A MONTH A YEAR INTO THE PANDEMIC. SO THAT DOES GET THE ASTROCYTES OF THE PANDEMIC WHAT WE'VE SEEN NOW IS GREATER LONGEVITY NOT AS NEW BUSINESS COMING IN IN THE LAST FIVE YEARS 5% INDICATED THEY MOVED INTO THE LAST FIVE YEARS 20% IN THE LAST TEN. SO TYPICAL BUSINESS HAS BEEN IN THE COMMUNITY FOR ABOUT 17 YEARS. IF WE GO TO THE NEXT SLIDE THE NO REAL CHANGES IN THE COMPOSITION OF THE TYPE OF BUSINESS IF WE GO TO THE NEXT SET OF DEMOGRAPHICS THE LOCATION THIS IS SELF-DESCRIBED 24% INDICATED THEY WERE ALONG THE 35 W CORRIDOR 17% 17% EACH ON THE 494 STRIP AND THE LYNDALE AVENUE 40% IN THE MALL OF AMERICA AND THEN A REMAINDERS IN SINGLE DIGITS GOING TO THE NEXT SLIDE THE FULL TIME EMPLOYEES HAS CHANGED. WE'RE UP ABOUT FULL TIME EMPLOYEES FROM THE 2021 SURVEY. BACK IN 21 IT WAS ABOUT SEVEN AND A HALF 8%. WE'RE JUST OVER 12 BEING THE TYPICAL NUMBER OF FULL TIME EMPLOYEES.  SIMILARLY WE HAVE AN UPTICK AMONG PART TIME EMPLOYEES. YOU CAN SEE NO PART TIMERS DOWN A THIRD TO 11%. 1 TO 10 IS UP NINE POINTS SO TYPICAL BUSINESS BETWEEN FULL TIME AND PART TIME EMPLOYEES HAS 20 EMPLOYEES WHICH IS UP FROM ABOUT 14 AND A HALF 15 EMPLOYEES IN 21 GOING TO THE NEXT SLIDE ARE THE AGE REALLY NO CHANGE SIMILARLY ON ETHNICITY CONTINUING THE LAST SET OF DEMOGRAPHICS OF 58% INDICATED MALE 41% FEMALE 1% NONBINARY WE HAD 6% LESS BUSINESS OWNERS VERSUS THOSE THAT WERE TENANTS AND THE BUILDING AND HOME BASED BUSINESS IN THE SAMPLE 6% GOING TO THE FIRST SLIDE THE PRIMARY REASON FOR CHOOSING THE LOCATION IT WAS THIS TIME AROUND WHAT SHRUNK WAS LOCATION THE YOU KNOW THE TYPICAL SUBURBAN RESPONSE FOR EVERYTHING WHETHER IT'S PLACING A BUSINESS OR BUYING A HOME AND FOLKS POINTED TO THE CUSTOMER BASE THE AVAILABILITY OF SPACE LOCATION COMES THIRD THE CORPORATE DECISION CLOSE TO HOME AND YOU DO HAVE A MUCH LARGER PERCENT OF FOLKS NOT ONLY BUSINESS OWNERS AND MANAGERS LIVING IN THE CITY BUT ALSO EMPLOYEES IN THE TYPICAL SUBURBAN COMMUNITY. THE QUALITY OF LIFE IN CITY LINKING BACK TO BEING A MEMBER OF THE COMMUNITY, THE WORKFORCE BOUGHT EXISTING WHAT IS FOLKS IF WE GO TO THE NEXT READING OF THE BUSINESS CLIMATE KEEPING IN MIND 2021 AND THE PANDEMIC IT WAS 89% FAVORABLE IT'S NOW 97% THE RATING OF THE CLIMATE EXCELLENCE GOOD LITTLE BIT OF A SHIFT FROM EXCELLENT TO GOOD THAT'S WHAT WE SEE EVERYWHERE FOLKS ARE JUST MUCH LESS LIKELY TO RATE THEY'RE LESS ENTHUSIASTIC ABOUT EVERYTHING CONTINUING IDEAS FOR THE CITY TO IMPROVE THE BUSINESS CLIMATE.  WELL IF YOU GO RIGHT TO THE BOTTOM WE HAVE 79% THAT SAY THEY'RE UNSURE OR THERE'S NOTHING TO COME UP.  I'LL LOWER PROPERTY TAXES AND AS I TALKED ABOUT WITH COUNCIL THAT IS A METRO AREA AND A STATEWIDE ISSUE IS THE PROPERTY TAX CONCERN COMING OUT OF THE REASSESSMENT OF EVERYTHING AND 22 AND THEN POTENTIALLY OFFERING MORE TAX INCENTIVES FOR BUSINESSES HOW OPTIMISTIC ARE THEY ABOUT THE FUTURE OF THEIR BUSINESS IN THE CITY OF REALLY UNCHANGED FROM 2121 WE'RE STARTING TO TURN THE CORNER ON THE PANDEMIC SO OPTIMISM WAS QUITE HIGH WAS 91% STILL AT 93% EXTRAORDINARILY HIGH CONTINUING WHAT'S THE MOST SERIOUS ISSUE THIS IS OPEN ENDED AND THEY CAN TELL US ANYTHING AND WE COLLAPSE THEM INTO CATEGORIES FIRST OFF AT THE BOTTOM 23% INDICATE THERE THERE ARE NO SERIOUS ISSUES. THREE ISSUES HIT DOUBLE DIGITS. YOU HAVE INFLATION IN THE ECONOMY BETTER THAN ONE IN FIVE FOLLOWED BY HIGH TAXES AND THEN HIGH EVERYTHING ELSE FALLS INTO SINGLE DIGITS THOUGH IF WE GO MORE IN-DEPTH ON THE NEXT SLIDE AND GO THROUGH A SERIES OF ISSUES AND ASKED IS THIS A VERY SERIOUS ISSUE, SEWHAT SERIOUS NOT TOO SERIOUS OR NOT AT ALL SERIOUS?  THE BLUEST 21 THE GREEN IS 23 AND THERE ARE SOME CHANGES EVEN WITH THE PANDEMIC AND PLAY THERE IS MORE HEIGHTENED CONCERN NOW ABOUT THE GENERAL ECONOMIC AS A TOTAL IT WENT DOWN BUT IT'S AN INTENSE ISSUE FOR THE VERY SERIOUS ONE FROM 37 TO 43 THE COST OF DOING BUSINESS MOVE FROM 64 TO 72 WITH A 50% INCREASE IN THE VERY SERIOUS THE AMOUNT OF CITY TAXES DID GO UP AND THAT IS A DIRECT THROWBACK TO 22 AND WE'VE SEEN THIS IN 23 AND 24 ACROSS THE STATE OF MINNESOTA HIGH RENTS AND OR LEASE CONTINUES TO INCREASE CRIME RATES 47 TO 56 A LITTLE BIT OF AN UPTICK IN THE SOMEWHAT SERIOUS CATEGORY AND THEN THE REST ON THE LESS UNDER A MAJORITY IF WE CONTINUE AT THE NEXT SLIDE NUMBER OF FULL TIME IN PLACE WHERE WE SAW THE GROWTH AND THE NUMBER OF FOLKS THEY SAID THAT WE'RE FULL TIME EMPLOYEES AND WE SEE IT ON THIS CHART 17% INDICATE THAT IT HAD INCREASED ONLY 3% SAID DECREASE IT 78% REMAINED ABOUT THE SAME. THIS THIS CHART IS THE BIGGEST INDICATOR THIS WAS THE PANDEMIC AND YOU CAN SEE IT IN 21 WITH 3% INDICATING THAT THE NUMBER OF FULL TIME EMPLOYEES HAVE DECREASED,  CONTINUING THE NUMBER OF FULL TIME DURING THE NEXT 24 MONTHS. WHAT DO THEY EXPECT TO HAPPEN ? WELL, THERE WAS OPTIMISM IN 21. THERE STILL IS OPTIMISM IN 24 WE STILL HAVE 16% INDICATING THAT THEY EXPECT FULL TIME NUMBERS OF EMPLOYEES TO INCREASE. ONLY 2% INDICATE THAT THEY EXPECT TO DECREASE.  WHAT WAS THE OVERALL IMPACT OF THE PANDEMIC ON THE 2021 SURVEY WE ASKED FOLKS HOW LIKELY WOULD THEY DO THEY THINK PROJECTING FORWARD THAT THIS IS GOING TO CHANGE HOW THEY OPERATE THEIR OFFICE?  ABOUT 8% INDICATED THAT THEY THOUGHT IT WOULD HAVE A LONG TERM IMPACT IN THE BUSINESS OPERATION 4% ABOUT HALF OF THAT ACTUALLY THREE YEARS LATER COME BACK AND SAY YES, THEY HAVE CHANGED WHERE AND HOW EMPLOYEES WORK AFTER THE QUITE A BIT OF THIS THOUGH AS A LOT OF YOUR WORKFORCES YOU SAW IS IN SERVICE RETAIL RESTAURANTS IT'S TO MOVE A RESTAURANT INTO A INTO A HOME AND CHANGE THE WAY YOU A RESTAURANT THE SMALL 4% AS IT IMPACTED HOW MUCH SPACE YOU NEED FOR EMPLOYEES AT YOUR LOCATION AND 24% INDICATED IT HAD SO ROUGHLY ABOUT ONE AND A HALF PERCENT OF BUSINESSES SO FAR PAYING EMPLOYEES 64% INDICATE THAT THEY OFFER A COMBINATION OF OF PAYMENT. 24% ARE ALL HOURLY 4% ALL SALARY AND 8% ARE ALL COMMISSION AND COMBINING THE ALL HOURLY AND THE COMBINATION WE ASKED WHAT PERCENT OF YOUR WORKFORCE IS MAKING $22 AN HOUR WHAT WE TESTED IN 21 WAS THE LIVABLE WAGE OF A $15 AN HOUR. BUT AT LOOKING AT CURRENT RESEARCH IT WE'RE CLOSER TO THE 22% LEVEL WHAT WE FOUND IT'S ROUGHLY ABOUT 42% OF EMPLOYEES IN THE SALARY AND THE HOURLY INCUMBENT ARE MAKING THE $22 AN HOUR THE REMAINING 58% ARE LESS THAN $22 AN HOUR. HOW DO THEY OFFER AN APPRENTICE APPRENTICESHIP OR INTERNSHIP THREE TIMES INCREASE SINCE 21? OBVIOUSLY THAT WAS IMPACTING THE AMOUNT OF THOSE SORTS OF THINGS BEING OFFERED AT THE TIME IN THE FUTURE 13% INDICATED VERY LIKELY 33% SOMEWHAT LIKELY IF WE LOOK AT STANDARD MARKETING YOU TAKE 50% OF THE VERY LIKELY AND A QUARTER OF THE SOMEWHAT LIKELY WHICH WOULD GIVE YOU ABOUT 15% MORE BUSINESSES WILL POTENTIALLY BE OFFERING APPRENTICE OR INTERNSHIPS WHICH WOULD BRING THE TOTAL IN THE COMMUNITY POTENTIALLY UP TO ROUGHLY AROUND A THIRD.  DOES A BUSINESS OFFER HEALTH INSURANCE 76% INDICATE THAT THEY HAD THAT'S A 14% INCREASE FROM THE 2021 SURVEY WHICH WAS 62% OF THOSE THAT OFFERING IT 97% OFFER THEM TO FULL TIME SALARIED 95% OF FULL TIME HOURLY AND 1% TO PART TIME EMPLOYEES CURRENTLY WHAT PERCENT OF THE WORKFORCE IS LIVING IN THE CITY?  BLOOMINGTON WELL YOU CAN SEE 43% HAVE 70% OR MORE OF THEIR EMPLOYEES LIVING IN THE COMMUNITY.  20 TO 20% ARE LESS THAN 50.  50% TYPICAL COMES IN ROUGHLY ABOUT 65% OF THEIR EMPLOYEES. THEY INDICATE LIVING IN THE COMMUNITY THE AVERAGE TIME THEN WHEN YOU HAVE SO MANY FOLKS ACTUALLY LIVING IN THE CITY COMES IN ROUGHLY AT ABOUT 13 MINUTES YOU DO HAVE 8% THAT ARE 10 MINUTES OR LESS AND 19% OVER 15 MINUTES PERCENT OF THE WORKFORCE FORCE PUBLIC TRANSIT OBVIOUSLY WHEN YOU HAVE SO MANY FOLKS LIVING THE CITY YOU'RE NOT POTENTIALLY GOING TO HAVE AS MUCH USE OF THE PUBLIC TRANSIT SYSTEM.  SO 48% INDICATE THAT THAT THEY DON'T HAVE ANY EMPLOYEES USING PUBLIC TRANSIT, 31% LESS THAN 10%, 19% INDICATE 10% OR MORE OF THE WORKFORCE.  DO THEY HAVE PLANS TO INSTALL EV CHARGING WHILE 18% HAVE WHICH IS A FOREX FROM 2021? OBVIOUSLY THE CURRENT STATE OF THE PUSH TO TOWARDS ELECTRIC VEHICLES HAS IMPACTED AT THIS POINT IN TIME 17% INDICATE THAT THEY HAVE PLANS IN THE FUTURE 65% DO NOT HAVE ANY PLANS SO FOLLOWING THROUGH YOU HAVE THE POTENTIAL OF ABOUT A THIRD OF BUSINESSES IN THE FUTURE HAVING THOSE AVAILABLE BECAUSE 620 WERE ALL RIGHT.  WE ACTUALLY HIGHLY INDICATED WE'VE HAD A LITTLE MORE TIME BECAUSE THE MEETING IS LATE STARTING SO WE CAN ACTUALLY GO TO 630 I GUESS. OKAY.  ALL RIGHT. JUST FLAGGING THAT I'M GOING TO PUT MY PHONE UP HERE NOT TO BE RUDE SO I CAN JUST MONITOR . SIR. MR. JOHNSON, IS RIVER AGAIN JUST A CURIOUS QUESTION HAS ANYBODY GOT A FEEL FOR WHAT'S COST TO PUT IN ONE ELECTRIC CHARGING STATION?  PROBABLY HOW FAR YOU HAVE TO RUN THE POWER I SUPPOSE. BUT I MEAN IT LIKELY A CHARGER ALONE CAN AROUND 10 TO 15000. IT DEPENDS ON HOW CLOSE IT IS TO PRESIDENT MR. LUNTZ IT REALLY ON HOW CLOSE TO THE BUILDING OR THE INFRASTRUCTURE THAT'S AVAILABLE SO YOU'RE RETROFITTING THAT COULD REALLY ESCALATE AND IT COULD DEPEND ON THE THE QUALITY OF THE CHARGER AS WELL. IF YOU'RE DOING LIKE A SUPER CHARGER THOSE ARE VERY EXPENSIVE BUT LEVEL TWO CHARGERS THAT YOU FIND AT HOTELS ABOUT $10,000. SO IT'S NOT TERRIBLY YEAH. I MEAN WE PUT IT OUT HERE THE ANSWER TY KEEP ADDING MORE THERE'S STILL AT THE ART CENTER BUT WE ALSO HAVE OUR YEAH MY NUMBER AND STANDARD RIGHT THERE AND I SPENT $0 OR WHATEVER THAT'S A BIT MORE THAN NETWORK SERVICE $10 OVERALL COMPOSITION OF THE WORKFORCE I'LL JUST KIND OF THIS A MAJORITY DO NOT EMPLOY NON-HIGH SCHOOL GRADUATES WITH HIGH SCHOOL GRADUATES IT TYPICALLY COMES IN THE TYPICAL BUSINESS EMPLOYS ROUGHLY ABOUT 2820 9% AS FAR AS TECHNICAL VOCATIONAL SCHOOL GRADS TYPICAL BUSINESS IS ABOUT 5% COMPOSED OF THOSE IN COLLEGE ONLY 5% SAY NONE. IF WE LOOK IT COMES IN ROUGHLY RIGHT AT ABOUT 20% IS THE COMPOSITION. SO THE LARGEST SECTION IS THE TECH AND THE TECH SCHOOL GRADS RATING OF THE LABOR POOL THAT 20 AND 21 THIS WAS AN ISSUE THE NUMBER OF EMPLOYEES AVAILABLE AND THE QUALITY OF EMPLOYEES AVAILABLE IT WAS 85% SO IT WAS MORE MITIGATED THAN WHAT WE SAW WHEN WE DID SOME STATEWIDE BUSINESS SURVEYS BACK IN 21 UP TO 96% ON THE QUANTITY THAT MOVED FROM 82 TO 95%. SO BOTH OF THOSE ARE NOT ANY SORT OF ISSUE IN 2024 WHAT'S THE MOST IMPORTANT OR COMPETENCY FOR AN EMPLOYEE TO HAVE FOR THEIR BUSINESS A 33% CUSTOMER SERVICE? THIS IS OPEN ENDED.  THEY CAN TELL US ANYTHING. THREE OTHER ITEMS HAD DOUBLE DIGITS ATTENTION TO DETAILS COMMUNICATION AND WORK ETHIC AND THEN A VARIETY OF THINGS CAME IN AT SINGLE DIGITS FROM PROMPTNESS TO SKILLS TO MATH GOING TO THE NEXT SIDE WHAT SKILLS OR COMPETENCIES NEED TO BE IMPROVED FOR THE FUTURE OF THE OF THE LABOR FORCE AS THEY SEE IT COMMUNICATION 21% PROMISE 17% ORGANIZATION 14 13% BEING A TEAM PLAYER 12% CUSTOMER SERVICE SO NOT NECESSARILY THE SKILLS TO DO THE JOB IT'S THE SOFT SKILLS OF OPERATING A WORKFORCE IS WHAT EMPLOYERS ARE TELLING US . AVAILABILITY OF HOUSING IS A PROBLEM NOT SO MUCH FOR OWNERS AND MANAGERS BUT ONCE AGAIN WHEN SPEAKING THE MIRROR ASKED THE QUESTION WHEN I PRESENTED AND IT'S A VERY FAIR POINT IT'S IMPORTANT TO REALIZE THESE ARE OWNERS AND MANAGERS THIS QUESTION WOULD BE IF IT WAS ASKED OF EMPLOYEES.  TRAFFIC CONGESTION 34% INDICATE THAT TRAFFIC CONGESTION HAS IMPACTED THEIR BUSINESS.  THIS SURPRISED ME IN LIGHT OF 494 THIS SUMMER I REALLY THOUGHT THAT THIS WOULD GO UP BUT DID NOT. WHO HAS IT IMPACTED?  PRIMARILY BOTH BUT IT TIPS TOWARDS CUSTOMERS AND CLIENTS VERSUS EMPLOYEES BEING ABLE TO GET TO THE LOCATION.  DOES IT CITY OR HAVE ENOUGH PUBLIC TRANSPORT TRANSPORT IT OPTIONS? YES ACCORDING TO THESE FOLKS IT DOES KEEPING IN MIND THAT THEY FROM THEIR AWARENESS THEY HAVE VERY LIMITED PERCENT OF THEIR WORKFORCE ACTUALLY USING PUBLIC THE IMPORTANCE OF ACCESS TO AIRPORT AND FREEWAYS. WHAT WAS A BIT MITIGATED IN 21 BECAUSE AT THAT POINT A LOT OF US WERE STILL WORKING FROM HOME SO WE REALLY WEREN'T WORRIED ABOUT ACCESS TO THE FREEWAY AND WE WEREN'T GOING MANY TIMES TO THE AIRPORT. SO THE LOCATION AS AN ASSET TO A BUSINESS 62% AND 21 UP TO 83% SEEING A VALUE EITHER VERY OR SOMEWHAT IMPORTANT THE CITY'S ATTITUDES AND RESPONSIVE TOWARDS LOCAL BUSINESS IT WAS 90% IT WENT UP TO 93% AND WE'RE JUST YOU KNOW, JUST SUMMERY WHEN WE GET TO A FEW CHARTS HERE BUT WHEN WE LOOK AT THE BUSINESS COMMUNITIES INTERACTION WITH THE CITY IT IS QUITE IMPRESSIVE IN THE FEEDBACK THAT THAT COMMUNITY IS GIVING THE CITY THE JOB OF THE MAYOR AND CITY COUNCIL WAS 7723 MOVED TO 8430 SO A BETTER THAN 7 TO 1 RATIO. CITY HALL 19% INDICATED THAT THEY HAD CONTACT WITH CITY DURING THE PAST YEAR. 97% SATISFACTION AND LIKE I POINT OUT THAT IS EXTRAORDINARILY HIGH BECAUSE THOSE FOLKS TYPICALLY ARE NOT CONTACTING THE CITY WITH TO SAY HEY YOU'RE DOING A GREAT JOB, THEY HAVE AN ISSUE AND I GUARANTEE YOU 97% DID NOT GET THE ANSWER THEY WANTED BUT IT'S HOW IT'S HANDLED AND IT'S ABOUT HAVING A SAY IN BEING HEARD AND GETTING YOUR WAY. AND SO JUST AN OUTSTANDING EVALUATION FROM THE BUSINESS COMMUNITY, THE OVERALL DIRECTION OF THE CITY. 89% INDICATE IT'S MOVING IN A POSITIVE DIRECTION ONLY.  6% SAID A WRONG TRACK THE VALUE OF CITY SERVICES AND KEEP IN MIND THAT WE SAW EARLIER THE CONCERN ON PROPERTY TAXES THERE'S TWO INPUTS IN THIS QUESTION THE SERVICE YOU RECEIVE FROM THE CITY AND THE AMOUNT OF TAXES PAID. WE KNOW THAT PEOPLE'S PERCEPTION ON THE AMOUNT OF TAXES HAS BECOME MORE HOSTILE BUT AT THE SAME TIME IT MOVES FROM 82 TO 83%. ONLY 6% RATED THAT VALUE PROPOSITION AS UNFAVORABLE WHICH REALLY GOES TO THE WORK THE CITY DOES IN BEING RESPONSIVE IN HANDLING THE ISSUES AND THAT OVERCOMES YOU CAN PAY MORE FOR GOOD SERVICE AND STILL THINK THAT THAT IS A GOOD VALUE.  THE BUSINESS ASSISTANT PROGRAMS THIS SECTION WAS ALL NEW WORKING WITH SEAN AND CYNTHIA AND AND HOLLY TO COME UP WITH THIS LIST TO TEST IT NOW THREE YEARS LATER AND WE ASKED FIRST HAD THEY HEARD ABOUT THIS SO THIS IS AN AWARENESS AND THEN IF THEY HAD THIS IS AND IF THEY USED IT SO IF THEY HAVE HEARD ABOUT IT TAPPING INTO WHAT THEY BECAUSE YOU DON'T HAVE 70% USING IT BUT IT'S TAPPING INTO WHAT HEARING HEARING AMONG COLLEAGUES. SO IF WE LOOK AT CITY NAVIGATOR 70% HAD HEARD ABOUT IT 69 TO 1 FAVORABLE TO UNFAVORABLE AS WE GO THROUGH THE CHART OVERALL IT'S A SEA BLUE INSTEAD OF A RED RIPTIDE. THE AREAS FOR YOU KNOW THE MOVEMENT, THE ACTION ITEM COMING OUT OF THIS IS THE INCREASE IN AWARENESS OF THE PROGRAM AND PROVIDING MORE DETAIL TO THE PROGRAM TO OWNERS AND MANAGERS THE IDEA OF BUSINESS INCUBATORS IT BACK 2180 4% THOUGHT IT WAS A GOOD IDEA THIS 95% DID.  WE ADDED A QUESTION TO ASK HOW LIKELY WOULD THEY BE TO USE AN INCUBATOR BECAUSE IT'S ALWAYS INTERESTING THIS IS A GREAT IDEA BUT I'M NEVER GOING TO USE IT SO KIND OF LIKE FOR SOMEBODY ELSE AND THAT'S KIND OF WHAT WE HAVE IN PLAY HERE.  1% TO 2% SAID VERY LIKELY.  SO I HAVE THAT TO 1% 25% OF 34% ABOUT 10% 95% THINK IT'S A GREAT IDEA.  ABOUT 10% MIGHT ACTUALLY USE THAT SORT OF SERVICE.  WHAT ABOUT THE IDEA OF PARTNERSHIPS WITH LOCAL SCHOOLS? ABSOLUTELY. FOLKS LOVE PARTNERSHIPS BECAUSE.  PARTNERSHIPS MEANS POTENTIAL COST SAVINGS ON THEIR MINDS AND.  SO 93% INDICATE THAT IT'S A GOOD IDEA. 45% OF BUSINESSES WE ASKED THEM THIS TIME THINK WE ASKED THEM IF THEY THOUGHT IT WOULD HELP THEIR BUSINESS AND ALMOST A MAJORITY THOUGHT THAT IT WOULD HAVE THE POTENTIAL WITH PARTNERSHIPS, WITH LOCAL SCHOOLS, WITH HELPING THEIR BUSINESS.  FINALLY A COMMUNICATION THIS TIME AROUND 71% INDICATE THAT THEY FELT AT LEAST SOMEWHAT INFORMED ABOUT CITY GOVERNMENT 28% NOT TWO OR NOT AT ALL. IF WE CONTINUE, HOW ARE FOLKS GETTING THEIR INFORMATION? 35% INDICATE THE NEWSLETTER. 32% THE CITY WEBSITE. 12% EMAIL. 11% SOCIAL MEDIA. SO YOU LOOK AT JUST YOU KNOW, THE CITY ENTERPRISE WHAT'S COMING FROM THE CITY? OVERWHELMINGLY THE CITY IS THE INFORMATION CONDUIT FOR OWNERS AND MANAGERS. VERY ATYPICAL FOR WHAT WE SEE WHEN WE LOOK AT RESIDENTS NOW WHERE RESIDENTS HAVE GONE OVER TO NOT MORE INFORMAL COMMUNICATIONS WHETHER IT'S SOCIAL MEDIA OR, WHETHER IT'S THE GRAPEVINE. AND THEN IF WE LOOK AT A PREFERENCE DO THEY PREFER SOMETHING IN PRINT OR DO THEY WANT TO PUSH A BUTTON A SCREEN? 36% SAID THE NEWSLETTER.  SO YOU HAVE YOU KNOW, ABOUT A THIRD WANT SOMETHING IN PRINT, SOMETHING ELECTRONIC.  31% THE WEBSITE EMAILS CITY,  SOCIAL MEDIA, CITY SUBSCRIPTIONS. SO WE HAVE ALMOST PERCENT PREFERRING ELECTRONIC. THERE IS A DIFFERENCE IN THE DEPTH OF INFORMATION PROVIDED WHEN YOU'RE DOING PUSH COMMUNICATION VERSUS THE THE OWNER MANAGER THE INFORMATION. BUT THE PREFERENCE RIGHT NOW ABOUT A 2 TO 1 FACTOR SO I THINK THAT'S THE LAST SLIDE IF WE DID IT THAT FAST SO I'D BE HAPPY TO ANSWER ANY QUESTIONS SINCE WE HAVE LIMITED TIME I WON'T QUESTIONS WRAP NOTES AND SKILL AND COMPETENCY. 7% SAID YOU EMPLOYEES WITH NO SKILLS OR NO CONFIDENCE.  OH THAT WAS YEAH THAT WAS. THERE ANY THAT ARE MISSING. THAT WAS IT WAS IT THAT THEY WANTED NO SKILL.  YEAH. YES. YEAH IT WAS NOT CAME TO WIDE. YES.  THAT'S IT'S WANT TO HIRE THAT PERSON MAYBE THEY WERE STRUGGLING. IT'S CRITICALLY IMPORTANT WE DO THESE SURVEYS AND I MEAN LOOKING AT THIS THIS LOOKS LIKE A PRETTY GOOD REPORT CARD FOR THE CITY AND I THINK IT'S JUST IMPORTANT TO KEEP ON DOING THEM SO THAT WE WE SEE THE BASELINES AND STUFF. IT WAS VERY HELPFUL TO HAVE THE COMMON AREA THE COMPARISON BETWEEN 21 AND 25. WHAT I WAS WONDERING IS IF WE IF WE LOOKED AT OUR TOP 20 BUSINESSES AND I DON'T HOW MANY WITH THE TOTAL EMPLOYMENT WOULD BE IF YOU TAKE THE LATERALS AND THE DONALDSONS AND THE OTHER ONES OF THE WORLD AND IT MIGHT BE INTERESTING TO JUST FOCUS ON THAT PARTICULAR SEGMENT. I KNOW SOME OF US HAVE AT VARIOUS TIMES GOTTEN SOME NEGATIVE FEEDBACK FROM ONE OR TWO BUT I THINK GENERALLY HAS BEEN POSITIVE. BUT IT MIGHT BE INTERESTING IF THAT GROUP AS A SUBSET IS DIFFERENT AND I DON'T KNOW FROM YOUR EXPERIENCE THAT'S HAPPENED BUT AGAIN THIS SURVEY IS SO IMPORTANT SO WE APPRECIATE IT AND YES, WE'VE GOT THREE OR 4 MINUTES TO GO. I DON'T KNOW WHETHER THIS IS SOMETHING THAT PEOPLE WANT TO HAVE A FURTHER PRESENTATION ON OR THINK ABOUT SOME FUTURE SESSION. I GUESS YOU CAN COGITATE ON THAT AND LOOK AT IT I JUST I FOUND IT JUST FASCINATING TO GO THROUGH AND ANDOOKING AT THE QUESTIONS JUROWSKI ASKED THE BUSINESSES AND THINGS WAS FOR MR. HUNT ONE PERSON THIS PERSON THIS ONE THE POPULATION FOR THE QUESTIONS WAS A LITTLE BIT DIFFERENT THE FIRST TIME AROUND DIDN'T WE USE CANDIDATES THAT HAD BEEN NAMES THROUGH THE ASSESSING DIVISION SOMEHOW AND THEN THIS ONE WAS MORE TRULY BROAD? YES.  BUSINESS OWNER SO A SLIGHT MODIFICATION IN THE POPULATION THAT WAS.  THANK YOU PRESIDENT AND COMMISSIONER HAHN TOM BARB WOLF ASSISTANT PORT AUTHORITY ADMINISTRATOR WE USED BASICALLY THE SAME DATABASE PULLING IT ASSESSING ONCE AGAIN. MM HMM. I THOUGHT HAD EXPANDED IT DIFFERENTLY THIS TIME. WE HAD DIFFICULTY PULLING THAT WE WERE FINDING WITH EVERY COMMUNITY WE WITH. IT'S AMAZING THE LACK OF INFORMATION CITIES HAVE ON AND THE LACK OF INFORMATION THE STATE OF MINNESOTA HAS.  THERE IS A LARGE GAP.  OKAY. WELL IT'S 627. JUST WANT TO WISH EVERYBODY A HAPPY HOLIDAY. WE'LL SEE YOU NEXT YEAR AND.  WE ARE ADJOURNED