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HomeMy WebLinkAbout5/23/2019 DMCC Board of Directors Meeting - PresentationDMCC Board Meeting May 23, 2019 DMC Metrics $7M $39.3M $85.7M $107.2M $86M $126.5M$20.5M $38M $45M $135.5M 0 100,000,000 200,000,000 300,000,000 400,000,000 500,000,000 600,000,000 700,000,000 July - Dec 2013 Jan - Dec 2014 Jan - Dec 2015 Jan - Dec 2016 Jan - Dec 2017 Jan - Dec 2018 Do l l a r s Mayo Clinic Investment Other Private Investment $690.5M $428.7M $46.3M $152.5 M $297.7M Cumulative Total DMC Private Investment (Construction Costs Spent To Date) July-Dec 2013 Jan-Dec 2014 Jan-Dec 2015 Jan-Dec 2016 Jan-Dec 2017 Jan-Dec 2018 Mayo Clinic Inv.$7M $39.3M $85.7M $107.2M $86M $126.5M Non Mayo Private Inv.0 0 $20.5M $38M $45M $135.5M Total Investment $7M $39.3M $106.2M $145.2M $131M $262M WEALTH ADVISORY | OUTSOURCING | AUDIT, TAX, AND CONSULTING Investment advisory services are offered through CliftonLarsonAllen Wealth Advisors, LLC, an SEC-registered investment advisor ©2 0 1 8 C l i f t o n L a r s o n A l l e n L L P Destination Medical Center Corporation Audit Results for Year Ended December 31, 2018 ©2 0 1 8 C l i f t o n L a r s o n A l l e n L L P Create Opportunities Agenda •Financial Statements •Audit Results •Required Communications ©2 0 1 8 C l i f t o n L a r s o n A l l e n L L P Create Opportunities Financial Statements •Prepared based on Governmental Accounting Standards Board pronouncements •Single program entity—present expenditures by type (natural classification) •Component unit –DMCC is a component unit of (included in) City of Rochester’s financial statements –DMCEDA is not a component unit of DMCC –Will evaluate component unit reporting annually ©2 0 1 8 C l i f t o n L a r s o n A l l e n L L P Create Opportunities Financial Statements : Assets & Liabilities $- $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 2018 2017 2016 2015 2014 Assets Liabilities ©2 0 1 8 C l i f t o n L a r s o n A l l e n L L P Create Opportunities Financial Statements : Revenues & Expenditures $- $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 $3,500,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 2018 2017 2016 2015 2014 Revenues Expenditures ©2 0 1 8 C l i f t o n L a r s o n A l l e n L L P Create Opportunities Audit Results •Financial statements •Internal controls –no findings •Minnesota legal compliance –no findings ©2 0 1 8 C l i f t o n L a r s o n A l l e n L L P Create Opportunities Required Communications •Audit provides reasonable, but not absolute assurance •Accounting policies –described in Note 1 to the financial statements •Audit adjustments –none •No disagreement or difficulties with management ©2 0 1 8 C l i f t o n L a r s o n A l l e n L L P Create Opportunities Items to Complete •Federal and state tax returns –due date extensions have been filed ©2 0 1 8 C l i f t o n L a r s o n A l l e n L L P Create Opportunities ©2 0 1 4 C l i f t o n L a r s o n A l l e n L L P CLAconnect.com Craig Popenhagen, CPA Principal 2689 Commerce Drive NW, Suite 201 Rochester, MN 55901 Direct (507) 280-2327 Craig.popenhagen@claconnect.com Justin Fahse, CPA Manager 2689 Commerce Drive NW, Suite 201 Rochester, MN 55901 Direct (507) 280-2324 Justin.fahse@claconnect.com ©2 0 1 8 C l i f t o n L a r s o n A l l e n L L P Create Opportunities 10 ©2 0 1 8 C l i f t o n L a r s o n A l l e n L L P 2020 DMC Funding Request DMC Funding Request Includes: 1.Capital Improvement Program (CIP) 2.DMCC Operating Budget 3.DMC EDA Workplan and Operating Budget 4.City of Rochester Staff Workplan and Operating Budget 5.Working Capital Loan Process and Timeline May: priorities affirmed, timeline established June-July: City + DMC EDA staff draft preliminary request August: DMCC board director input September 5: DMC EDA board considers funding request September 26: DMCC board considers funding request October 7: City Council considers funding request Priorities 1.Heart of the City subdistrict 2.Discovery Square subdistrict 3.Transportation 4.Strategic Infrastructure (public realm, streets and sewers, 5G, energy) 5.Transformative Private Investment (affordable housing, med-tech, new building technology Note: Business Development and Statutory Activities Housing Overview DMC Board Presentation May 23, 2019 DMCC Housing Discussion Outline How can DMC support the Community Affordable Housing Strategy? Technical Assistance Improve housing market data Enhance developer capacity Financial Considerations Framing the Issue DMC growth here… …requires housing here Market Failure of Housing in our region Few affordable homes for sale in Olmsted County •43 homes are for sale at less than $250,000 •Approximately $75,000 income needed to afford a $250,000 mortgage Home prices have risen dramatically since 2015 •Median Sale price 2015: $189,000 •Median Sale price 2018: $245,000 •Least expensive new home on market: $319,300 Affordable Rental Properties Difficult to find •Developers require higher break even rents ($1,300+ for a 2 bedroom unit) •New market rate 1 bedroom units are renting for $1,200- $1,600 •November 2018 study found only 9 of 1,771 Section 42 housing units were vacant in Rochester Current Community Partnerships Funding Priorities: 1.Housing inventory 2.Address gaps not met by local, state or federal housing programs 3.Seek risk-distribution, and equity-investment partnerships 4.Favor financing structures that return funds to the market quickly 5.Interest in proof of concept projects to achieve move market Funding Collaboration …makes projects better… City, Mayo, Rochester Area Foundation and Olmsted County have created 1 unified application for project funding Evaluating projects collectively Ensuring community investments make the most significant impact Leverage resources Results to date Invested over $2.5 million in Olmsted County •$1.2 million to fund 3 housing programs for First Homes Preservation of 43 units Creation of 75 units Jeremiah Program Zumbro Ridge Estates Coalition for Rochester Area Housing Alliance Collaborative group of over two dozen local organizations Meeting monthly to discuss housing issues •Identify collaborative opportunities •Network •Learn about housing issues across Minnesota Enhancing the partnership with DMC Financial Considerations DMC Funding for affordable housing projects •Direct allocation of DMC funds DMC Partner funding for housing projects •City TIF Funding Policy for affordable housing •Mayo donation to Rochester Area Foundation Assist with access to equity •Leverage partners to access lower cost capital for housing development •Limit risk for developers Evaluate Sustainable Financing Mechanisms and other Tools •Explore use of a housing equity fund •Tax Credit Programs –NMTC, Historic Tax credits Technical Assistance Identify housing opportunities within the DMC DistrictIdentify Provide technical assistance to property owners thinking of developing housing (especially non-profit entities) Provide Assist with the acquisition/assembling of land for housing development Assist Improve Housing Market Data Market data collection •Limited information currently exists about our housing market •What are the market impacts of the new multifamily building in Rochester? •Trends in rents, vacancy, and home sales Meeting the housing needs of current/future residents •What types of housing does our changing population desire? •How do we meet these changing needs? Enhance Developer Capacity Developer Recruitment •Leverage DMC events to focus on affordable housing needs and opportunities •Real Estate Summit, Site Visit, Tours Mitigate risk of new concepts •Mitigate market risks by funding new concepts and ideas •Ownership opportunities, pocket neighborhoods Thank You Questions or Comments Circulator Today’s Discussion •Criteria for circulator route and mode •Agreement framework on transit villages FTA Small Starts Timetable Mode Shift TODAY 35,250 Daily Commuters 2040 TARGET 62,400 Daily Commuters MODE SHIFT STRATEGIES 43% Single Occupancy Vehicle •Approx. 8,000 new parking spaces downtown •Majority of new parking for residents & guests 30% Transit Ridership •Park & Rides: 2,650 additional spaces •Mobility Hubs: 6,000 new spaces in two areas •Future BRT and transit enhancements 13% Active Transportation •Increase downtown housing •Improve bike & pedestrian facilities 14% Carpool/Vanpool •New online ride matching tools •Carpool-friendly parking policies Best Solution is an Integrated Solution Transit Bikes Policies Cars ProgramsPedestrians Focus on moving people, not cars Arrive Rochester Parking policies Developer policies Implementation Facility improvements Active transportation Transit programs Education Shared mobility Examples may include: •Improved wayfinding •Free transit passes •Trip planning & ride matching •On-site showers & bike parking •Guaranteed ride home *A Transportation Management Association (TMA) is an organized body that facilitates and encourages alternate modes of transportation that are defined in a Transportation Demand Management (TDM) strategy. Enhanced Roadways Rendering of 4th Street SW Improved Bicycle Network Mobility Hubs, Not Just Parking Ramps Enhanced Transit Services Circulator Recent Action •Preferred mobility hub locations -Mayo West Lot -Graham Park •General route alignment -2nd Street -Broadway or 3rd Avenue Circulator: Current Activity Create Development Concepts with Mayo and Olmsted County for Transit Village Development Agreement Framework •Site masterplan •Anticipated phasing •Appraisal •Project financing •Ownership •Due diligence Rochester Downtown Circulator Mode and Route Criteria 1.Ridership •Daily ridership •Zero -car households •Bus network compatibility •Connections to key destinations 2.Economic Development •Available land •Transit-oriented development •Land use plans •Existing pop. and employment •Future pop. and employment 3.Costs •Capital costs •Operating and maintenance costs •Cost per rider (cost-effectiveness) 4.Environmental Impact •Historic and cultural resources •Impacts to park land •Right-of-way impacts •Pedestrian and bicycle network Circulator: Next Steps •Determine Route and Mode •FTA letter of intent, fall 2019 •Develop Memorandum of Understanding (MOU) with Mayo and Olmsted County •Determine phasing plan 1City Council Update, May 20, 2019HEART OF THE CITY Coen+Partners | El Dorado | Fluidity | HR&A Advisors | Kimley-Horn | Kraus-Anderson | Latent Design | RSP | White Space City Council Update, May 20, 2019 HEART OF THE CITY El Dorado | Fluidity | HR&A Advisors Kimley-Horn | Kraus-Anderson Latent Design | RSP | White Space 3City Council Update, May 20, 2019HEART OF THE CITY Coen+Partners | El Dorado | Fluidity | HR&A Advisors | Kimley-Horn | Kraus-Anderson | Latent Design | RSP | White Space Heart of the City Project Team DESIGN TEAM ARTIST TEAM CLIENT & STAKEHOLDER TEAM planning / urban design civil, structural, MEP engineering arts curationBranding & CommunicationsWater Feature Design & MEPCost Estimating architecture Prototyping/Element Design Economics City of Rochester DMC RDA COEN+PARTNERS Kimley-Horn Iñigo Manglano- Ovalle el dorado inc. Eric Anderson White Space Rafael Lozano- Hemmer FluidityKraus- Anderson Ann Hamilton RSP Sean Baker Latent Design Seth & Nicole Nfonoyim-Hara HR&A Communications & Engagement TeamWeekly Client Team Edgar Mtamous Destination Medical Center Rochester Downtown Alliance 4City Council Update, May 20, 2019HEART OF THE CITY Coen+Partners | El Dorado | Fluidity | HR&A Advisors | Kimley-Horn | Kraus-Anderson | Latent Design | RSP | White Space Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr 2016 2017 2018 HOC Discover Phase Authorization to Proceed Concept Review 2018 CIP Approval & Design Review HOC Dream Phase HOC Do Phase (Implementation Planning) HOC Ongoing Communications HOC Phasing Strategy HEART OF THE CITY HOC Design Phase Progress Project Timeline 5City Council Update, May 20, 2019HEART OF THE CITY Coen+Partners | El Dorado | Fluidity | HR&A Advisors | Kimley-Horn | Kraus-Anderson | Latent Design | RSP | White Space We are here. May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2018 2019 2020 SD Reconciliation Pre Design Development Cost Estimating Construction Documentation Bidding Construction Administration HOC PHASE 1 Design Development Design Review 2019 CIP Approval Design Review Council Briefings Approval for Construction Progress Project Timeline May 20 - Design Review to City Councilo May 23 - Design Review with DMCC June 3 - Design Approval by City Council June-Oct - Construction Documents Nov-Dec - Bidding Spring 2020 - Construction start 7City Council Update, May 20, 2019HEART OF THE CITY Coen+Partners | El Dorado | Fluidity | HR&A Advisors | Kimley-Horn | Kraus-Anderson | Latent Design | RSP | White Space Chateau Theatre Wells Fargo Redevelopment Peace Plaza Retail Kahler Hotel Refresh Gonda Clinical Expansion and hotel Heart of the City Support and Catalyze Additional Development W h y H O C ? En g a g e m e n t K e y G o a l s o f D e s i g n N e x t S t e p s 11City Council Update, May 20, 2019HEART OF THE CITY Coen+Partners | El Dorado | Fluidity | HR&A Advisors | Kimley-Horn | Kraus-Anderson | Latent Design | RSP | White Space SAFETY ACCESSIBILITY &UNIVERSAL DESIGN PUBLIC SPACES FLEXIBILITY SUSTAINABILITY ART INTEGRATION INFRASTRUCTURE 7 Key Goals of the Heart of the City will increase... Safety is addressed in design through thoughtful uses of lighting, paving textures and colors, and site lines. Accessibility & Universal Design is created through the use of a curbless street system, dynamic streetscape furnishings, and ample space for manuevering. An increase and improvement of (public spaces) streetscape, plaza space, and alley will welcome people to utilize the amenities and enjoy year-round. The public spaces are designed to allow maximum flexibility for day- to-day, season-to-season, and year-round uses. Sustainability measures are taken by increasing trees quantities, integrated use of soil cells, and porous paving. Art will be integrated into site elements of paving, lighting, water, and multi-media as interactive features that respond to site context, human biometrics, and medical successes. Infrastructure updates will improve stormwater management, add snowmelt to sidewalks, improve site security and lighting strategies. W h y H O C ? En g a g e m e n t K e y G o a l s o f D e s i g n N e x t S t e p s 12City Council Update, May 20, 2019HEART OF THE CITY Coen+Partners | El Dorado | Fluidity | HR&A Advisors | Kimley-Horn | Kraus-Anderson | Latent Design | RSP | White Space Site Plan WELLS FARGO Peace Plaza The Alley 1st Avenue CHATEAU THEATRE PARKING RAMP PR I M P LUXE MOKA SHOPS AT UNIVERSITY JERK KING FUJICHESTERSUMR BOOKSTORESONEX HEALTH NA I L E N V Y TA N G E R I N E CL O U D 9 EA G L E S T O R E ES S E N C E EA G L E G R O C E R Y DA V I D I V E R J E W E L E R S ROCHESTER MARRIOTT SALUTE EX I S T I N G PL A Z A KAHLER GRAND HOTEL SKYWAY VICTORIA’S DUNKIN’ DONUTS OPTICAL VISION W/ FLAIR LASKER JEWELERS S K Y W A Y US BANK W C e n t e r S t . 2n d S t . 40’ W h y H O C ? En g a g e m e n t K e y G o a l s o f D e s i g n N e x t S t e p s 13City Council Update, May 20, 2019HEART OF THE CITY Coen+Partners | El Dorado | Fluidity | HR&A Advisors | Kimley-Horn | Kraus-Anderson | Latent Design | RSP | White Space PEACE PLAZA 14City Council Update, May 20, 2019HEART OF THE CITY Coen+Partners | El Dorado | Fluidity | HR&A Advisors | Kimley-Horn | Kraus-Anderson | Latent Design | RSP | White Space Wells Fargo ChateauTheatre Luxe Moka JerkKing Primp 1st Ave Shops @ University Square Design for Micro-climates Trees as windbreak Flexible Seating + Stage Universal Design & Programming Improved Access & Connection New public stair & elevator to connect skyway, plaza, and subway levels Pedestrian Safety Improved crossing at 1st Ave Arts Integration in Interactive water, catenary lighting, paving design, and multi-media Flexible Water Contemplative + active environments Enhanced Peace Fountain Basin, mechanicals, lighting, sprayer Safety, Comfort, Fun Activation Improved & interactive lighting Peace Plaza Site Plan W h y H O C ? En g a g e m e n t K e y G o a l s o f D e s i g n N e x t S t e p s 16City Council Update, May 20, 2019HEART OF THE CITY Coen+Partners | El Dorado | Fluidity | HR&A Advisors | Kimley-Horn | Kraus-Anderson | Latent Design | RSP | White Space Peace Plaza water feature precedents Pedestals Scrim Fountain W h y H O C ? En g a g e m e n t K e y G o a l s o f D e s i g n N e x t S t e p s 17City Council Update, May 20, 2019HEART OF THE CITY Coen+Partners | El Dorado | Fluidity | HR&A Advisors | Kimley-Horn | Kraus-Anderson | Latent Design | RSP | White Space Peace Plaza as performance stage W h y H O C ? En g a g e m e n t K e y G o a l s o f D e s i g n N e x t S t e p s 19City Council Update, May 20, 2019HEART OF THE CITY Coen+Partners | El Dorado | Fluidity | HR&A Advisors | Kimley-Horn | Kraus-Anderson | Latent Design | RSP | White Space Peace Plaza with maximized seating W h y H O C ? En g a g e m e n t K e y G o a l s o f D e s i g n N e x t S t e p s 20City Council Update, May 20, 2019HEART OF THE CITY Coen+Partners | El Dorado | Fluidity | HR&A Advisors | Kimley-Horn | Kraus-Anderson | Latent Design | RSP | White Space Peace Plaza flexible plaza W h y H O C ? En g a g e m e n t K e y G o a l s o f D e s i g n N e x t S t e p s 1 - Maximum water 3 - Three fountains 5 - Bookend water feature with seating 7 - Flexible plaza 2 - Stage 4 - Dinner setting 6 - Bookend water feature with seating 8 - Flexible plaza with maximum seating 22City Council Update, May 20, 2019HEART OF THE CITY Coen+Partners | El Dorado | Fluidity | HR&A Advisors | Kimley-Horn | Kraus-Anderson | Latent Design | RSP | White Space 1ST AVENUE 23City Council Update, May 20, 2019HEART OF THE CITY Coen+Partners | El Dorado | Fluidity | HR&A Advisors | Kimley-Horn | Kraus-Anderson | Latent Design | RSP | White Space JEWEL BOX 1st Ave 1st Ave 40’ 2n d S t S W Improved Ped Crossing Curbless street Forest Rooms Furnishings for seating & bicycle parking permeable paving, & wind breaks Columnar Trees Crow Mitigation Wind Mitigation Forest Rooms Furnishings for seating & bicycle parking permeable paving Increased Lighting Variety of light sources Improved Roadway 10’ drive lanes reduce speed, improved stormwater & utilities, accessible pavement Improved Sidewalks Wider, snow melt, unit pavers Improved Ped Crossing Pedestrian focused signal curbless street Parking + Curbless St 17 parking spaces, all meet ADA Marriott & Delivery Access Maintained for circulation 1st Avenue Site Plan W h y H O C ? En g a g e m e n t K e y G o a l s o f D e s i g n N e x t S t e p s W C e n t e r S t . 25City Council Update, May 20, 2019HEART OF THE CITY Coen+Partners | El Dorado | Fluidity | HR&A Advisors | Kimley-Horn | Kraus-Anderson | Latent Design | RSP | White Space 1st Avenue social space W h y H O C ? En g a g e m e n t K e y G o a l s o f D e s i g n N e x t S t e p s 26City Council Update, May 20, 2019HEART OF THE CITY Coen+Partners | El Dorado | Fluidity | HR&A Advisors | Kimley-Horn | Kraus-Anderson | Latent Design | RSP | White Space 1st Avenue curbless street precedents W h y H O C ? En g a g e m e n t K e y G o a l s o f D e s i g n N e x t S t e p s 27City Council Update, May 20, 2019HEART OF THE CITY Coen+Partners | El Dorado | Fluidity | HR&A Advisors | Kimley-Horn | Kraus-Anderson | Latent Design | RSP | White Space THE ALLEY 28City Council Update, May 20, 2019HEART OF THE CITY Coen+Partners | El Dorado | Fluidity | HR&A Advisors | Kimley-Horn | Kraus-Anderson | Latent Design | RSP | White Space JEWEL BOX 40’ W C e n t e r S t 2n d S t S W New Paving For smooth finish surface Artist Collaboration Murals, installations, audio New Paving For smooth finish surface Activate Space Seating, music, play Improve Safety Catenary lighting above alley Artist Collaboration Murals, installations, audio The Alley Site Plan W h y H O C ? En g a g e m e n t K e y G o a l s o f D e s i g n N e x t S t e p s 29City Council Update, May 20, 2019HEART OF THE CITY Coen+Partners | El Dorado | Fluidity | HR&A Advisors | Kimley-Horn | Kraus-Anderson | Latent Design | RSP | White Space The Alley alley precedents W h y H O C ? En g a g e m e n t K e y G o a l s o f D e s i g n N e x t S t e p s 31City Council Update, May 20, 2019HEART OF THE CITY Coen+Partners | El Dorado | Fluidity | HR&A Advisors | Kimley-Horn | Kraus-Anderson | Latent Design | RSP | White Space 7 Key Goals of Heart of the City will result in... SAFETY 52,000sf of consistent pedestrian lighting 3 pedestrian focused traffic signals 10’ wide drive lanes for traffic calming ACCESS/UNIVERSAL DESIGN 17ADA compliant parking up from 0 6’-12’ wide clear walk zones 22+ universal design furnishings PUBLIC SPACE 52,000sf of public space, up from 31,000sf FLEXIBILITY 16,000sf of flexible programmable plaza Concepts- all day activities SUSTAINABILITY 107 trees up from 11 13,400 sf of porous paving for stormwater management ARTS INTEGRATION4 local artists/creators/thinkers 3 international artist + collaboration with Arlyn Gagnon INFRASTRUCTURE 31,600sf of heated walkways sustainable stormwater system upgraded fountain systems W h y H O C ? En g a g e m e n t K e y G o a l s o f D e s i g n N e x t S t e p s 32City Council Update, May 20, 2019HEART OF THE CITY Coen+Partners | El Dorado | Fluidity | HR&A Advisors | Kimley-Horn | Kraus-Anderson | Latent Design | RSP | White Space We are here. Next Steps W h y H O C ? En g a g e m e n t K e y G o a l s o f D e s i g n N e x t S t e p s Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan May 2019 2020 2021 Cost Estimating Construction Documentation Bidding Construction Administration Council Action HOC PHASE 1 Design Development Approval for Construction Design Review May 20 - Design Review to City Council May 23 - Design Review with DMCC June 3 - Design Approval by City Council June-Oct - Construction Documents Nov-Dec - Bidding Spring 2020 - Construction start Chateau Theatre Current Status •Interior renovations and roofing continue. •City Council selected Exhibits Development Group (EDG) as building operator. •Anticipated construction completion is June 15, 2019. A Sample of EDG’s Current Exhibitions Next Steps •Contract development for the selected operator, EDG •Onboard EDG in the community •Finalize capital improvement requirements •Developing interim activation City staff will be taking the lead; we will assist. Discovery Square Subdistrict © 2017 DMC 2019 Notable Activity in Discovery Square Subdistrict •One Discovery Square –shell and core construction plus leasing activities •Residences at Discovery Square (residential and retail space) •The Maven on Broadway (residential and retail space). •Fourth Street reconstruction (transportation infrastructure) •Discovery Walk (public realm) Economic Development Activities Continue to field and find tenant opportunities •Local, regional and state collaborations have been critical to success. Business Activities–One Discovery Square •Epic occupies as first tenant on June 3, others will move in or be announced by end of summer. •Executed leases (54K sf), Signed Letters of Intent (18K), Lease in consideration (9K sf). •Grand opening event scheduled for Sept 19. Development Planning –Two Discovery Square •Success in creating demand for One Discovery Square compels planning for new development. •Mortenson market analysis underway is informing tenant recruitment strategies, space concepts and technology infrastructure requirements. Other Considerations •Accommodating new businesses between opening of One and Two Discovery Square. •Supporting the unique needs of startup businesses. Energy and Sustainability Energy Integration Committee Today: 1.Approve the Collaboration Charter 2.Approve the Strategic Energy Project Plan Energy and Sustainability Priorities Priorities: 1.Benchmarking 2.Existing Buildings 3.New Construction 4.Transportation 1.Public Transit 2.Fleets 3.Public Charging Infrastructure 5.Renewable Energy 6.District Energy –DMC and elsewhere 7.Culture Building 8.Healthy Community Stakeholder Groups: 1.Energy Commission (led by City) 2.Energy Integration Committee (led by DMC) 3.America’s City for Health Committee (led by DMC) Other Collaborators: 1.USGBC MN 2.State-agencies: CERTS, GPI, MPCA 3.Local Agencies: Public Health 4.Coalition for Affordable Housing 5.Community members Energy Integration Committee Resolution #39-2016 (Spring 2016) 1.Establish an Energy Integration Committee of the following stakeholders: •Mayo Clinic •Rochester Public Utility •Minnesota Energy Resources •Olmsted County •City of Rochester •DMC EDA 2.Coordinate actions to realize climate and energy vision of DMC Development District and City of Rochester Collaboration Charter and Strategic Energy Project Plan Through four facilitated work sessions, the EIC generated two documents: 1.Collaboration Charter –outlines commitment from participating organizations to: 1.Collaborate on identified projects and 2.Provide resources (time, dollars, expertise) to self-selected projects 2.Strategic Energy Project Plan –includes 22 projects identified by the EIC to implement over the next six years. Covers topics including: 1.Renewable energy, 2.District energy, 3.Efficient design and operations 4.Innovation and electrification 5.Organization and financial Project Type Phase 1 Projects (2019- 2020) Phase 2 Projects (2020 –2023) Phase 3 Projects (2023- 2025) Organization and Financial •EIC Charter Approval •Capital Planning using LCCA •PACE Promotion •Assess incentives and financing - Innovation and Electrification •RPU White Paper Input •Mobility Hub Input •EV Fleet Study •EV Ordinance •Real-time Utility Data and Rates pilot - Efficient Design and Operations •New Construction Incentive Program •Benchmarking Launch •Ongoing Commissioning •Vendor Education •Centralize Operations •Energy Code Compliance •Utility Energy Data Aggregation for Benchmarking •Small and Medium Business One-Stop Conservation Program District Energy •Discovery Walk District •Downtown City Buildings - OWEF •Study District Energy •Expand County District Energy - Renewable Energy •RPU Resource Planning Input •Renewable Energy Planning -- Charter and Project Plan Approval What does approval mean? 1.Approve the Collaboration Charter means the DMCC understands the following: •Convene and participate in the EIC •Provide expert input •Share information and champion sustainability efforts of members •Provide financial support to participate in projects identified and approved by the EDA 2.Approval of the Strategic Energy Project Plan means the DMCC understands the following: •Scope, focus and direction of the EIC moving forward •Understanding that EDA will execute this workplan moving forward and will influence future sustainability workplans and budget Charter and Project Plan Approval What are next steps? 1.Periodically, provide updates on the progress of projects included in the Strategic Energy Project Plan 2.Projects identified in the Strategic Energy Project Plan will be used to inform future sustainability workplans and budget Questions? DMC Development Plan Update © 2017 DMC DMC Development Plan Update Purpose •Meet requirements of the DMC Act •Reaffirm primary mission, vision, and purpose of DMC initiative and tools •Incorporate/complement other planning documents and strategies •Reflect DMC’s successful implementation •Address community priorities •Provide framework to achieve DMC mission and goals Sep.-Nov. 2019 Determine recourses and processes DMCC Board Meeting May 23, 2019