CompletedFebruary 18, 2025 Bloomington Port Authority Meeting

February 18, 2025 Bloomington Port Authority Meeting

Date: Wednesday, February 19, 2025 at 1:31 PMActual: Wednesday, February 19, 2025 at 1:31 PM

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Published Wednesday, February 19, 2025

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[1:41] , IT'S 515. WE HAVE A QUORUM SO I'LL CALL THE MEETING TO ORDER AND I [1:49] UNDERSTAND THAT COMMISSIONER PIERSON IS GOING TO JOIN US REMOTELY. VOISIN OKAY. [1:56] OKAY SO WHAT WE NEED TO DO THEN IS HAVE A ROLL CALL SO [2:04] MARK , DO YOU WANT TO CALL THE ROLL HERE? THE PRESIDENT PRESIDENT [2:11] PRESIDENT SAY HERE MR. [2:17] PETERSON IS HERE WHERE I'M HEARING BOB BUT NOBODY ELSE. [2:24] PLEASE REMEMBER TO TURN ON YOUR MICROPHONES WHEN WE DO ROLL CALL COMMISSIONER PETERSON. [2:31] I AM HERE. OKAY. WE HAVE SIX COMMISSIONERS PRESENT ARE. [2:40] THE FIRST TIME ON THE AGENDA IS THE COMMISSIONER OATH OF OFFICE OFFICE [2:50] . THANK YOU. I CYNTHIA HUNT DO SOLEMNLY SWEAR THAT I WILL SUPPORT THE [2:55] CONSTITUTION OF THE UNITED STATES AND OF THE STATE OF MINNESOTA AND FAITHFULLY DISCHARGE THE DUTIES OF THE [3:02] OFFICE OF THE PORT AUTHORITY OF THE CITY OF BLOOMINGTON IN THE COUNTY HENNEPIN AND STATE OF MINNESOTA TO THE BEST OF MY JUDGMENT AND AND [3:12] COMMISSIONER HUNT AND WE'RE VERY HAPPY THAT YOU ARE CONTINUING ON AND PROVIDING YOUR SAGE ADVICE AND MANY [3:19] THINGS. SO WE WILL LOOK FORWARD TO YOUR CONTINUED PARTICIPATION. THE NEXT ITEM IS INTRODUCTION [3:25] OF THE NEW EMPLOYEE ALL RIGHTS. GOOD EVENING COMMISSIONERS [3:31] WHERE VERIZON WOULD YOU LIKE TO COME JOIN US AT THE PODIUM OR ON OUR TOWN IS OUR NEW [3:36] BLOOM FACILITATOR A TEMPORARY ONE YEAR POSITION HERE WITH THE PORTS? I'M GOING TO READ A BRIEF AND [3:43] THEN LET HER INTRODUCE HERSELF. ORSON IS A DEDICATED FOR COMMUNITY DEVELOPMENT, YOUTH EMPOWERMENT AND EQUITABLE [3:48] POLICY. SHE EARNED HER BACHELOR'S DEGREE IN POLITICAL SCIENCE WITH A MINOR IN BIOLOGY FROM [3:55] SAN DIEGO STATE UNIVERSITY WHERE SHE DISCOVERED HER PASSION FOR POLITICAL AND YOUTH LEADERSHIP THROUGH HER ROLE IN ASSOCIATED STUDENTS [4:00] GOVERNMENT. MORISON'S PROFESSIONAL JOURNEY INCLUDES OVER THREE YEARS WITH [4:06] YOUTH WILL, A YOUTH LED ORGANIZATION IN SAN DIEGO FOCUSED ON CREATING A REGION WHERE YOUNG PEOPLE CAN THRIVE. SHE ALSO SERVED AS A CO-VICE [4:12] CHAIR SAN DIEGO COUNTY'S HUMAN RELATIONS COMMISSION WHERE SHE CHAMPIONED TO ADDRESS [4:17] SYSTEMATIC DISPARITIES. WILSON HAS CONTRIBUTED TO COMMUNITY EMPOWERMENT EFFORTS AS A MEMBER OF COFFMAN, A [4:25] MINNEAPOLIS BASED INITIATIVE SUPPORTING SOMALI WOMEN'S MENTAL HEALTH AS A BOARD MEMBER OF THE GLOBAL ACTION RESEARCH CENTER ENSURING [4:31] UNDERREPRESENTED ARE PART OF TRANSFORMATIVE RESEARCH AND DIALOG. [4:37] IN 2024 WILSON COMPLETED HER MASTER OF PUBLIC POLICY AT UC SAN DIEGO SCHOOL OF GLOBAL POLICY AND STRATEGY [4:42] SPECIALIZING IN PROGRAM DESIGN AND EVALUATION AN AMERICAN AND COMPARATIVE BUSINESS REGULATION AND SHE'S THE FIRST [4:50] WOMAN IN HER FAMILY TO ACHIEVE THIS MILESTONE AND BRINGS AN AND DATA INFORMED APPROACH TO HER WORK IN COMMUNITY ADVOCACY AND DEVELOPMENT. [4:56] SHE IS NOW BASED IN BURNSVILLE AND A FUN FACT IS THAT SHE [5:02] LOVES EXPLORING THE OUTDOORS AND SPENDS FREE TIME ENJOYING PARKS, LAKES AND HIKING TRAILS. WEL…

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Topics Discussed (11)

Commissioner Oath of Office

Introduction of New Employee

Appointment of Port Authority Officers

Consent Agenda Approval

Grocery Space Recapture Agreement Updates (Carbon 31)

Local Affordable Housing Aid Usage

Appointment of Bond Counsel and General Counsel

Port Authority Economic Development Strategic Plan Adoption

2024 Budget Adjustments

Annual Report (2024 Accomplishments) and Work Plan (2025 Priorities)

Legislative and Staff Updates

Full Document Analysis
7-0 Approved
7-0 Approved, with Commissioner Hunt abstaining from Item 3.2
7-0 Approved
7-0 Approved
7-0 Approved
7-0 Approved
7-0 Approved
7-0 Approved

I believe in the past it may appear that we've been somewhat pro forma in doing this and I don't think any of us intended do that. I think we vote for people who we believe should do the jobs and, have done a great job and brought that with us.

Commissioner Keller [6:36]Appointment of Officers

we need to be cautious about making sure that we've plan for the future and transitions as many of us continue wrinkle in this.

Commissioner Keller [7:16]Appointment of Officers

I would agree with Commissioner Keller that we just need to make sure that as as we move forward with our discussions and any of the work that we're that we we make it as broad a tent as possible as we do our discussions... to make sure that it's as broad as possible within the Commission here so that as we wrinkle we all do that there's that there's that additional knowledge there's that additional understanding that additional appreciation of the work that that institutional knowledge.

Commissioner Nelson [8:40]Appointment of Officers

I know on that one that Commissioner Hunt usually abstains and I think if Commissioner Had is okay what we can do is just note that she's abstaining if we have one motion that she's abstaining with respect to the depositories electronic funds transfer external auditor or municipal auditor financial management policies and then alpha be estoppel certificates.

President Erickson [13:33]Consent Agenda Approval

The changes focus on simplifying recapture agreement so that that space is more easily marketable and the agreement is more easy for a new tenant to understand and realistically it's about removing the three step waterfall calculation... to a base bonus rent.

Kevin Kenny/Assistant Port Commissioner [19:54]Proposed Changes to Grocery Space Recapture Agreement at Carbon 31

of course one of the things that's critically important is that a lot of us thought that there wasn't much of any effort to really solicit the people that lived in buildings around there when they opened the store.

President Erickson [22:54]Proposed Changes to Grocery Space Recapture Agreement at Carbon 31

This grocery store we're working with is Latino market with a grab and go option and quick service dining and they're also a destination grocery store... So rather than just being your local normal grocery store, we're hoping that this really is a destination and drives people.

Johnny Meeker/McGuff Representative [24:44]Proposed Changes to Grocery Space Recapture Agreement at Carbon 31

if they do perform well then it's potentially a recapture amount of about 600,000 at the end of the term for the city. So we potentially recapture a little bit less than we had the maximum out but that was not guaranteed or we could recapture nothing.

Commissioner Nelson [32:51]Proposed Changes to Grocery Space Recapture Agreement at Carbon 31

Our General Counsel Bond Counsel Julie Eddington who was previously at In Graven has served the Port Authority for a very long time. It has transferred over to that firm and we have the option to continue to work with her on 120 day term will be recovering our records from Kennedy and Graven and then we will be performing an RFP for both services.

Holly/Port Authority Administrator [45:32]Appointment of Bond Counsel (Interim)

So it just so I'm clear on this this is for for interim for 120 days and then goes out to a full RFP to figure out where we where we go next that correct. Okay. For both the bond counsel and the general counsel services, thank you.

Mayor Bussey [48:29]Appointment of General Counsel (Interim)

There's also desire to see the Port Authority start to offer a wider of economic development services specifically coming of the pandemic. There was a lot of interest in business assistance looking at small business support building those relationships but there are a wide array of things that economic development services can include.

Holly/Port Authority Administrator [49:48]Port Authority Economic Development Strategic Plan Adoption

Bloomington is a leading center in the region fostering innovation, supporting local businesses and enhancing the quality of life for all residents through equitable strategic and sustainable development.

Holly/Port Authority Administrator [54:35]Port Authority Economic Development Strategic Plan Adoption

I hope we focus in on the industries we want to focus on and not try to just be everything to everybody. We have some really good base already and we should really focus in on where we can make the most.

Commissioner Nelson [1:08:53]Port Authority Economic Development Strategic Plan Adoption

the thing I like the most is that we our principles and I might agree with you, Mr. Peterson. Commissioner and I think we will have to make choices but when you have first order principles to look at at least that those decisions can be made in light of those things.

Commissioner Keller [1:16:16]Port Authority Economic Development Strategic Plan Adoption

What we're trying to accomplish and to use the principles we used to work with somebody where principles were the main thing in any plan that we had and I learned very well from that that if you focus everything around the guiding principles and keep coming back them as you work through the objectives, as you work through the strategies as you work through the individual specific kind of work that you're looking at doing if, you can keep coming back to the guiding principles. It's just a it's a huge help and a huge anchor for the entire in the entire plan.

Mayor Bussey [1:17:55]Port Authority Economic Development Strategic Plan Adoption

Based on the actuals compared to budget our budget adjustment request for 2024 is basically some of the unspent budget for the Small Business Center materials and reallocating that to the salaries. And then we're also asking to carry forward some of the unused to 2025.

Mary Kay/Port Authority Finance [1:27:13]2024 Budget Adjustments

I don't know that we need to this conversation right now in terms of approving this but at some point we should have a conversation in terms of policy that if we don't spend the money I don't know that we carry it over... I think it's a larger conversation as we go forward on that just because you know, we had a position not filled for part of the year and it didn't cost as much don't I don't see the reason in that case to carry that money over to the next year and use it for something else.

Commissioner Nelson [1:33:54]2024 Budget Adjustments

I think there's a there's a we want to encourage the behavior if there's a planned expenditure and from a timing perspective it doesn't end up in the right fiscal year. We want I think we want to be kind of easy to move money from fiscal year to fiscal year because if we're not if we're not careful about allowing that on a routine basis or kind of a particular expenditure just from a timing perspective it puts department in the position of kind of use it or lose it for spending money and I think it the wrong sort of behavior.

Commissioner Peterson [1:35:08]2024 Budget Adjustments

the Port has grown about 15 times in size in a very short amount of time. It used to be just centered around the Mall of America expanding to South Loop which is that orange triangle there and we now work.

Holly/Port Authority Administrator [1:40:27]Annual Report (2024 Accomplishments) and Work Plan (2025 Priorities)

The Facade Improvement Grant Program you heard committed $223,000 which is leveraging over $5 Million in improvements. So that's been a significant impact.

Holly/Port Authority Administrator [1:44:28]Annual Report (2024 Accomplishments) and Work Plan (2025 Priorities)

This is a this is a good size robust team and a very talented team and to be honest, they're doing a good chunk of already. A lot of this is to to grow and expand the work for example the outreach to the business community and the work that we're doing with with the support and the Facade Program and so on and they're doing it already and to to push it forward I think to to be even bigger and better is something that this group can do. I got confidence them and I, I think the whole he's put together a good team.

Mayor Bussey [1:55:37]Annual Report (2024 Accomplishments) and Work Plan (2025 Priorities)

And you know, there's an old military aphorism about plans for what you have until the first minute you engage with the enemy and then everything throws out the windows. I, I just don't think we can require or it be a good idea to require any further level of detail because then we'll be subject to someone saying walk in . But you said in you know on June 13th you take a left hand turn at 30 miles an hour you want at 29 miles an hour what the heck's the matter with you people so.

Commissioner Keller [1:57:29]Annual Report (2024 Accomplishments) and Work Plan (2025 Priorities)

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