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HomeMy WebLinkAboutMinutes - 12/17/2019 - Economic Development CommissionCity of McHenry Economic Development Commission Meeting Minutes December 17, 2019 Vice-Chairman Mrachek called the December 17, 2019 regular meeting of the City of McHenry Economic Development Commission to order at 4:00 p.m. In attendance were the following: Bionda, Bremer, Mrachek, Tenuto, Alderman Schaefer, and Mayor Jett. Absent: Jessup, Pfeifer. Also in attendance were: Director of Economic Development Martin and Economic Development Coordinator Wolf. Public Comment: There was nobody in attendance who wished to address the Commission. Approval of Minutes Motion by Tenuto, seconded by Bremer, to approve the September 24, 2019 Regular Meeting minutes of the Economic Development Commission, as presented: Voting Aye: Bremer, Mrachek, and Tenuto. Voting Nay: None. Not Voting: None. Abstaining: Bionda and Schaefer. Absent: Jessup, Jett and Pfeifer. Motion carried 3-0. New Business Updates Director Martin gave updates including status of a grant applied for to update our Comprehensive Plan Map with the Chicago Metropolitan Agency on Planning (CMAP), a joint grant with the County on the Fox River Corridor, Jessup Manufacturing’s expansion construction, Ignite skilled nursing project on Bull Valley Road, the new Trio Fueling Station opening soon and status of the gas station at Ringwood Road and Elm Street and the building at 4410 W. Elm Street. Discussion ensued regarding the process for license selection for cannabis facilities and their entrance into the McHenry market. Director Martin announced McHenry County Glass will be closing and Dental USA will be moving into the space from McCullom Lake leaving a portion of the building, including high ceilings, for rent. Single family home permits are doing well, the former Ricky Rockets construction will begin in the spring as a Thorntons. The owners of Twisted Limits Escape Room are in the process of opening a Nerf Gun and Laser Tag arena in McHenry Market Place Shopping Center and several other developments are in the concept planning and discussion stages around town. Mayor Jett arrived at 4:10 p.m. Director Martin stated Brake Parts finished buildout of their research and development facility on Industrial Drive, and a new City Planner will be starting employment in January. Economic Development Commission December 17, 2019 Page 2 Small Business Grant Discussion Coordinator Wolf presented a draft City of McHenry Commercial Tenant Incentive Grant Program, Grant Application, and sample Grant Agreement for the Commission to review. This program is entirely funded by the sales tax generated by the new business. It is paid out at the end of the year by the Finance Department after $150,000 in sales tax is generated as reported by the Illinois Department of Revenue. The program was reviewed and after discussion on maximum awards and award calculations for existing businesses, as well as building owner consent (in the event of a tenant application) direction was given for all commission members to review the information and eligibility criteria and return comments to Coordinator Wolf by January 6 to implement into a draft to send to Attorney McArdle. Discussion included whether the match percentage award calculation should be a lesser amount for exterior façade improvements than for building improvements and FFE. Suggested Maximum Award Amounts were: Annual Taxable Sales Maximum Grant Award $150K - $500K $5,000 $500K - $1.0M $10,000 $1.1M – $2.5M $15,000 $2.6M - $5.0M+ $20,000 Committee Reports Vice Chairman Mrachek stated committees were formed at the beginning of the year based on the Strategic Planning Session held, however, not much progress was made using this format so staff is proposing to eliminate the committees. Director Martin passed a sample Business Attraction postcard to all members that will be printed for Commission members to invite businesses they visit to consider a location in the City of McHenry. Mayor Jett asked for the Commission’s focus to be on new businesses and business retention and requested the commission work together as a committee of the whole in regard to relationship building and developing new commission members. City Staff along with Mayor Jett will continue to invite all Commission members to attend any business recognition events that are held. All commission members are asked to visit or reach out to (1-3) businesses they would like to see stay in McHenry and talk to them/ask them questions such as: What is the City doing right or wrong? What can we offer them that would help keep them in the City? Sending discussion information via email to Coordinator Wolf to prepare an outline for the Commission to review at the next meeting. By Monday, January 6, all commission members are asked to send a list of businesses they would like to see in McHenry (3-5 names) for staff and Mayor Jett to visit and/or invite to McHenry. The welcome/or unwelcome feeling visitors may have when entering McHenry was briefly discussed. Economic Development Commission December 17, 2019 Page 3 Partner Committee Reports: Moving forward it was agreed to remove the word “committee” from this agenda item and invite updates as needed regarding the groups as they have business that is related to economic development in the City. Approval of 2020 Meeting Schedule The meeting schedule as presented was motioned for approval by Commissioner Tenuto and seconded by Mayor Jett. Motion was approved by all present. The next Economic Development Commission is scheduled for Tuesday January 28, 2020. The less formal meeting setup was approved and will be continued. Meeting adjourned at 5:20 p.m. Respectfully submitted, _______________________________ Mike Mrachek, Vice-Chairman Economic Development Commission