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Home My WebLink About11/25/2013 COUNCIL WORK SESSIONS November 25, 2013 Approximate Times as Indicated Below Council Chambers Roll Call. Approval of Agenda, as proposed or amended. 4:15 p.m. Kimball Avenue Reconstruction Project—Submitted by Eric Thorson, P.E., City Engineer 4:40 p.m. Cedar Valley Alliance and Chamber Quarterly Update—Submitted by Mayor Buck Clark ADJOURNMENT Suzy Schares City Clerk COUNCIL WORK SESSION November 25,2013 4:15 p.m. Council Chambers Members present: Cole, Getty,Jones, Greenwood (arrived at 4:20 p.m.), Schmitt, Welper, Hart. Moved by Hart, seconded by Schmitt that the Agenda, as proposed, be approved. Ayes: Six. Motion carried. Kimball Avenue Reconstruction Project Larry Berns, Ament Design, gave an overview of the Kimball Avenue Reconstruction Project. The project will widen approximately 1 mile along Kimball Avenue and will provide an additional .63 miles of widening on side streets. The project is estimated to be completed by fall 2015. Mayor Clark asked to have better access to Fareway from San Marnan Avenue. Mr. Jones confirmed the improvements for bicycle and pedestrian traffic. An 8 foot trail will be constructed in areas to assist with the existing sidewalks and there will be "Share the Road" signs for the frontage road. The raised median will have signage to identify the median for snow plows. Mr. Greenwood questioned what the driver for the project is. It is to improve efficiency with travel and to accommodate increased traffic. Greater Cedar Valley Alliance qnd Chamber Quarterly Update David Braton, Waterloo Cedar Falls Courier Publisher and GCVA Treasurer, thanked Council for supporting the Chamber and GCVA. Lisa Skubal and Carrie Darrah, GCVA,highlighted the FY2013 accomplishments. Steve Dust, CEO GCVA, thanked the Cityfor their cooperation. He outlined the advancements P m s being made in Waterloo. Waterloo is in the top 20 list of college towns in the Country and in the top 5 cities who provide veteran friendly employment. Mr. Greenwood suggested advertising and promoting the 3-D printer at the Tech Works building. Mr. Getty thanked the Greater Cedar Valley Alliance for their work with the Veterans. With no further business before the Council, it was moved by Hart, seconded by Schmitt that the meeting be adjourned at 5:04 p.m. Ayes: Seven. Motion carried. &uzY Sch es City Clerk REVISED CITY OF WATERLOO Council Communication City Council Meeting: November 25,2013 Prepared: October 21, 2013 Dept. Head Signature: ,� n # of Attachments: SUBJECT: Council Work Session Cedar Valley Alliance and Chamber Quarterly Update Submitted by: Mayor Clark Recommended City Council Action: Summary Statement Expenditure Required Source of Funds Policy Issue Alternative Background Information: Carol, this replaces the Oct. 4th Council Communication for a Council update on Nov. 18t. They requested it be moved back a week to Nov. 25`h. G R E A T E R CEP AR. /ILLEY ALLIANCE & CHAMBER BE PART OF SOMETHING GREATER THE CEDAR VALLEY OF IOWA Waterloo City Council Work Session — November 25, 2013 Steve Dust CEO Lisa Skubal Vice President Economic Development Cary Darrah Vice President Community Development, General Manager TechWorks Campus Dave Braton Treasurer, Greater Cedar Valley Alliance &Chamber Board of Directors Agenda 1. Opening Remarks D. Braton 2. External Marketing & Business Growth L. Skubal 3. Community Development & TechWorks Campus Update C. Darrah 4. Closing Remarks S. Dust 10 West Fourth Street,Suite 310,Waterloo, IA 50701 • Ph:(319)232-1156 • Fax:(319)233-4580 10 Main Street,Cedar Falls, IA 50613 • Ph:(319)266-3593 • Fax:(319) 277-4325 www.cedarvalleyalliance.com Greater Cedar Valley Alliance & Chamber Update November 1, 2013 Economic Development Services & Prospects Fiscal Year Ending June 30, 2013 Results • 26 new opportunities delivered from July 2012 through June 2013; goal for the fiscal year 20. Average capital investment $9.46 million; goal $5 million average. 502 of the 1,376 jobs identified with these opportunities meet the $19/hr. goal. 21 were generated through the Greater Cedar Valley Alliance & Chamber and Regional Marketing Initiatives, Direct Leads and through the Alliance & Chamber's Existing Business Visitation Program; 3 opportunities were referrals from the Iowa Economic Development Authority; 2 were referral leads from the cities; 9 were regional lead opportunities; 9 were existing business expansions. • 6 projects were completed during the Fiscal Year July 2012-June 2013 representing$22 million in new capital investment and 85-90 new jobs. Companies included: Black Hawk Engineering, Metokote, Hydrite Chemical, Phantom EFX (Williams Interactive), Banno and KWWL. Fiscal Year Beginning July 1, 2013 Results Through September 2013 • 6 new opportunities were delivered from July- September 2013; goal for the 2013/2014 fiscal year is 20. Average capital investment of the six projects is $12 million (goal is to average $5 million per project). Two of the projects meet our capital investment requirements of large projects of$50+/- million. - 4 were generated through The Greater Cedar Valley Alliance & Chamber and Regional Marketing Initiatives, Direct Leads and through the Alliance & Chamber's Existing Business Visitation Program; - 2 opportunities were referrals from the Iowa Economic Development Authority. External Marketing Initiatives: June—September 2013 The Greater Cedar Valley Alliance & Chamber staff led or was represented at the following trade shows and external marketing initiatives from June-September 2013: • January-June—2013 - Lead Generation Initiative: Select Targeted Industries -Advanced Mfg. (Renewable Energy) and Information Technology/Data Centers. Identified 14 leads. Database size: 900 companies, Total calls made: 1,342. Greater Cedar Valley Alliance & Chamber Update November 1, 2013 • September 2013— February 2014—Lead Generation Initiative: Selected Targeted Industries—Advanced Manufacturing (Supply Chain & Food Equipment Mfg.), End-User Data Centers. Goal is to identify 6 leads from a database of at least 800 companies. Participated at Trade Show via co-op shared booth: • June 2013 - Medical Device & Packing Show and called on 1 site selection consultant in Philadelphia for the Trade Show. • August 2013 - Intersection 2013/GATS—Logistics Trade Show with Cedar Valley Regional Partnership team calling on 6 site selection consultants in Dallas for the Trade Show. Dream Big Grow Here Contest—The Greater Cedar Valley Alliance & Chamber has been planning for this 3rd annual Cedar Valley event. DBGH is a business grant contest in which Cedar Valley entrepreneurs enter to win regional grants of$5,000; the winner then pitches their business to win a $10,000 grand prize. Entries were accepted September 16-27. Online voting begins October 7-11 with the finalists announced October 15 for a November 7th regional pitch-off for the $5,000 grant. The pitch-off is being conducted in conjunction with UNI's Annual Small Business Expo for the first time. Business Connect- Existing Business Initiatives • Existing Business Surveys—The Greater Cedar Valley Alliance & Chamber has a goal of completing 80% of our FY14 Existing Business surveys before October 315t focusing on the targeted industries list: Advanced Manufacturing, Biosciences, and Information Technology. The FY14 goal is at least 20 new surveys and renewals of target companies. 9 surveys were conducted between June-September 2013. • Advance Cedar Valley: An Economic Gardening Program - On June 18th, the 4th Cedar Valley business joined the economic gardening program. Each client takes part in a 3 week program with UNI and a multi-stage follow-up with the Greater Cedar Valley Alliance & Chamber. This is a multi-year commitment between the Alliance & Chamber and each company to help with business growth. • Skilled Cedar Valley Program - On August 15th, the Greater Cedar Valley Alliance & Chamber co-hosted a Skilled Cedar Valley Employer Summit with Hawkeye Community College. Approximately 40 people attended and heard from presenters about the advantages of the (free) NCRC testing,job profiling, employment data and other benefits offered to employers who have signed the Skilled Iowa pledge. The Alliance & Greater Cedar Valley Alliance & Chamber Update November 1, 2013 Chamber also announced Skilled Cedar Valley Testing Month and a new incentive the Alliance & Chamber is offering to some NCRC participants. Talent Connect—Workforce Development Initiatives • Intern Event—On June 13th, 81 interns from across the Cedar Valley joined the Greater Cedar Valley Alliance & Chamber for a Work the Valley: Summer Social. This event, sponsored by Lost Island Water Park and Bertch Cabinets allowed students to network and enjoy a great Cedar Valley attraction, Lost Island, making it more likely that they will choose the Cedar Valley as a place to live after graduation. Additional intern socials are planned. • Job Fair—On September 10th, the Greater Cedar Valley Alliance & Chamber hosted a Talent Connect Job Fair& Fall Festival at the outdoor Riverloop Expo Plaza (outside the Public Market Building). 46 organizations registered. 300 attended. • The Greater Cedar Valley Alliance & Chamber's "Live the Valley" campaign —the Alliance & Chamber and the Cedar Valley Regional Marketing Partnership are investing in a campaign to pull people from outside the state to the Cedar Valley Region by promoting area employers with career opportunities while promoting Cedar Valley excellent quality of life/amenities. You can visit our new Facebook page by clicking here: www.facebook.com/LivetheValley. As part of this effort, a contest has been launched to give away a trip for someone to visit the Cedar Valley Region. • Meet Frankie: If you haven't yet seen "Frankie the Fish" shirts around town, you need to check out pictures on the Greater Cedar Valley Alliance & Chamber's Live The Valley Facebook page. The Alliance & Chamber's Work the Valley mascot is Frankie—the big fish in the small pond. The slogan "Be the BIG fish" is meant to inspire the emerging workforce to choose the Cedar Valley as their career destination. This is part of the Alliance & Chamber's "Work The Valley" initiative. Greater Cedar Valley Alliance & Chamber Update November 1, 2013 CEDAR VALLEY Tech 1Wlo,rpks TechWorks Campus • Iowa Reinvestment District economic development tool for campus redevelopment: working with the Iowa Economic Development Authority to include flexibility in start date language so TechWorks can participate in program; • Conversations with Main Street Waterloo regarding Self-Supported Municipal Improvement District (SSMID) funding tool for TechWorks campus and downtown Waterloo; • 33 acre campus re-platted in anticipation of land sale/transfer to FDP, developer of The Green @ TechWorks. Tech I • Working with UNI/NABL to determine what resources on 3rd floor could be assumed/purchased by TechWorks to contribute to marketability of the space; • Met with University of IA Modeling and Simulation engineers regarding partnership in the Iowa Advanced Manufacturing Center; • Meeting with Iowa Innovation Corporation to create and program the Iowa Advanced Manufacturing Center to be located in the Tech I building; • Receiving a Virtual Reality lab donation from Iowa State University—will be combined with Virtual Reality lab received from John Deere and incorporated into the Iowa Advanced Manufacturing Center; • State funding for the Iowa Advanced Manufacturing Institute has been approved by the legislature: o $1.2M for purchase of industrial 3-D printer— housed at TechWorks Tech I with programming provided by the UNI Metal Casting Center. o $2M for capital improvements of the Tech I building o $500k for pursuit and support of the Iowa Advanced Manufacturing Center— directed by the Iowa Innovation Corporation Greater Cedar Valley Alliance &Chamber Update November 1, 2013 • 3-D printer has been purchased with funding (above). Installation occurred in late September. It is located on the 3rd floor of Tech I. The equipment was purchased from German firm. This unit is currently the largest 3-D printer in North America; • TechShop (www.TechShop.com) project meetings have occurred since July to determine local commitment and feasibility. TechWorks has met with local Lego Leagues and Robotics Teams to connect/combine efforts with the possible TechShop concept. The Green —Tech II project • Historic designation of Tech II approved by the State Nomination Review Committee on June 14. National Park Service's historic designation wasn't approved. The Project Team is actively pursuing appeals and alternatives. • TechWorks has started conversations with the City of Waterloo to establish an Iowa Reinvestment District for a portion of the TechWorks Campus. The district is an economic development tool for areas throughout the state with similar features and characteristics to the TechWorks Campus. �� Stats @ A Glance Y For the Current Quarter Ending June 30, 2013 CONF1DENTIAL ALLIANCE B.CHAMBER Y M1.er EOM{E RIE CE87AR VALLEY OrVA Y" YTD STATS&QUARTERLY TOTALS Pro acts bell',Managed Stats Website Activity Total Projects 30 52 6 1st QVisits(Jul-Sept) 7,360 569 28 - a 10jobs 18 10 5 2nd Q Visits(Oct-Dec) 5,428 349 32 - Jobs at>$15/hr Avg.Wage 322 75 23 3rd Q Visits(Jan-Mar) 7,033 414 15 13 Ca•italInvestment $167.25M+ $275M $58.5M+ 4th Q Visits(Apr-Jun) 5,501 375 27 210 TOTAL VISITS YTD 25,322 1,707 102 223 New Locations 25 22 5 Existin_Business Expansions/Projects 5 30 1 Workforce Development Activity Black Hawk County - - - 4/4:#workTheValley Bus Tour 46 7 Cedar Falls 5 29 1 5/30:#WorkTheValley:Culture Camp 36 30 Cedar Valley Marketing Region 14 6 4 6/13:#WorkTheValley:Intern Splash 87 13 Evansdale - 3 - Hudson 2 - Tech Works 3 - - Waterloo 8 37 1 ,,,c,asn: Bio/Wind/Solar 1 5 - Manufacturing/Food Processing 15 21 4 Other Data IT 7 6 1 Logistics 2 6 - 4/18:GCVAC with Keen Realtors,Great American Realty held an open house at the PFG Customer Services 3 8 - Headquarters.A stalking house bid came in shortly after at$2,75 million. Other 2 6 - 5/1&5/6:Open houses for Hostess properties on Newell St and University Ave 5/31:PFG Best Property Auction,bid of$3.225M accepted Prospect Visits 2 6 1 May:TechWorks Appropriation of$3.7M TechWorks Prospect Visits 3 - - 6/12:Hostess bid deadline for the Newell St and University Ave properties Investor Request Visits 37 49 18 6/20:Site selection consultant visit w Studley in PA during MD&M show Synchronist Visits 52 NA 5 6/21-22:Familiarization Tour from company based out of Holland.Looking to site first US facility Resource Contact 53 NA 21 within the next 18 months. 18 11 3 June:5 conference calls w data centers,renewable energy and advance mfg leads 16 26 6 -Live the Valley:(as of 8/21)1004 likes,13,845 weekly reach Note:Fiscal Years are from July 1-June 30;FY13 is cumulative including current month FY 13Projects Completed CBE Companies(6/13) Cedar Falls 130 - Expansion Schumacher Elevator KWWL Office Exp/Ret(6/13) Waterloo n/a $3M Expansion HQAA Black Hawk Engineering(5/13) Cedar Falls 16 $3.56M Expansion MetoKote(3/13) Cedar Falls 35 $6.5M Expansion Hydrite(12/12) Waterloo 10 $8.85 M Expansion Phantom EFX(9/12) Cedar Falls 10 - Expansion Banno(9/12) Cedar Falls 5-10 - Expansion Results-to-Date for Completed Projects New Locations 21 8 Existing Business Exp 54 26 #Jobs 4,663 871 Capital Investment 549,769,093 277,736,953 Square Footage 5,637,241 1,579,516 Printed:8/27/2013 C R L At r R Stats @ A Glance CEWLEV For the Current Quarter Ending September 30, 2013 CONFIDENTIAL .........„,.....J ALLIANCE a CHAMBER ae rvr w wxanxNr:aaexsn -TM--_ THE CEDAR vA WGf KhVA YTD STATS&QUARTERLY TOTALS Pro-cts beln:Man ed Stats Results-to-Date for Corn.feted Projects Total Projects 8 30 8 New Locations 21 8 - >10jobs 5 18 5 Existing Business Exp 54 26 10 Jobs at>$19/hr Avg Wage 29 322 29 4 Jobs 4,653 861 219 Capital Investment $71.5 M $167.25M* $71.5 M Capital Investment 549,769,093 277,736,953 23,838,353 Square Footage 5,637,241 1,579,516 70,000 New Locations 6 25 6 Existin:Business Ex pa nsions/Projects 2 5 2 mar• FY 13 Projects Completed Black Hawk County - - - Cedar Falls 7 19 7 CBE Companies(6/13)-CF - 130 - Expansion Cedar Valley Region 4 14 4 KWWL Office Exp/Ret(6/13)-Wloo - n/a $3M Expansion Evansdale 6 14 6 Black Hawk Engineering(5/13)-CF 40,000 16 $3.56M Expansion Hudson 6 14 6 MetoKote(3/13)-CF - 25 $6.5M Expansion Tech Works - 3 - Hydrite(12/12)-Woo - 10 $8.85 M Expansion Waterloo 7 20 7 Phantom EFX(9/12)-CF - 10 - Expansion Banno(9/12)-CF - 5-10 - Expansion Manufacturing 2 8 2 Food Processing 2 5 2 Information Technology - 7 - Logistics 1 2 1 Customer Services 2 3 2 Other 1 2 1 Prospect Visits 1 2 1 TechWorks Prospect Visits 2 3 2 Investor Request Visits 8 37 8 Synchronist Visits 4 52 4 Com fiance/Maintenance Resource Contact 11 55 11 6 18 6 3 16 3 Note:Fiscal Years are from July 1-June 30;FY13 is cumulative including current month Website Mitt Info Ca Visits(Jul-Sept) 6,686 347 51 101 7/26:Terex Cranes in Waverly lays off 45 people Q2 Visits(Oct-Dec) 7/26:Inemational Exec visit-2nd familariration rour 03 Visits(Jan-Mar) 7/29:Real Estate Manager for the new Speigel building(former PEG Hdgts)visit Q4 Visits(Apr-Jun) 7/29:Mediacom layoffs 16 TOTAL VISITS YTD 6,686 347 51 101 8/20:Patch doses all offices nation wide,one person laid off in CF 8/22:Region attended'Great American Trucking Show;called on 6 site selection consultants Business Service Stets 8/26:staff visited out of town developer about building a large industrial spec building 8/30:Site Selector Visit-Todd Cushing with Olsso Association looked at Cedar Falls Executive Suites and Waterloo 8/15:Skilled Iowa Sumitt 40 33 Hwy 20 Business Park 9/10:Talent Connect Job Fair 375 50 9/6:International Exec visit-3rd visit,first site selection tour 9/16:UNI Career Fair 65 - -Still pursuing Historic Tax Credits with back-up plan to include New Market TaxCredits 9/25:ISU Career Fair 212 - Total 340 83 Total to Date 340 83 Leader Vail Pa rent Events 215 5 7 Habit its/Leader In Me Train ings 695 - Other Leader in Me Events 865 69 LIM Community/school presentations 230 1 Total 2005 75 Total to Date 2005 75 Ambassador Calls(50 Ambassadors) 221 13 9/26:Good Morning Cedar Valley 100 90 Total 321 103 Total to Date 321 103 Printed:10/29/2013