FERGUS FALLS E ONOMI IMPROVEMENT OMMISSIONC83A9759-035D-4EAB-A39F... · from West entral...
Transcript of FERGUS FALLS E ONOMI IMPROVEMENT OMMISSIONC83A9759-035D-4EAB-A39F... · from West entral...
TABLE OF CONTENTS
01 Development Highlights
04 Board of Directors Activity
06 EIC Staff Activity
10 Forward Fergus Falls
11 Appendices
DEVELOPMENT HIGHLIGHTS
Growth and Expansion Fergus Falls witnessed a burst of new development in 2016 with notable projects such
as the building acquisition and expansion of M-R Sign Company, Inc., the expansion of
TAG UP by Richard Marketing, LLC, and the construction of a new facility for Aura
Fabricators, Inc. all taking place or beginning during the 2016 calendar year. Additional
projects such as the Lincoln Crossing development, River Oaks Landing development,
and Unique Construction, LLC housing development, added new commercial suites and
housing units to Fergus Falls. Aldi and Thrifty White Pharmacy completed new builds.
M-R Sign Company, Inc. expanded its operations with the purchase of an adjacent
building at 1624 First Ave. The expansion gives M-R Sign more capacity for its highway
sign manufacturing operations and will allow for the addition of new jobs. M-R Sign
utilized local Revolving Loan Funds through the City of Fergus Falls to help finance the
acquisition for its expansion. Senator Amy Klobuchar visited the facility in November.
Aura Fabricators, Inc. of Dalton, MN broke ground on a Fergus Falls facility in 2016.
The new 34,672 sq. ft. facility will be located at 1011 Weyrens Rd and will add nearly a
dozen jobs to the company. The project is an investment of $3.76 million and received
funding from the Minnesota Department of Employment and Economic Development’s
(DEED) Job Creation Fund as well as local tax increment financing (TIF).
Elsewhere in the Fergus Falls Industrial Park, TAG UP by Richard Marketing, LLC broke
ground on a 7,200 sq. ft. expansion of its existing facility at 831 Industrial Park Blvd and
the former Army Reserve Center located at 1814 First Ave was purchased in November
through a Federal Government (GSA) Auction.
1
Commercial Development In 2016, Fergus Falls saw the addition of new commercial
businesses as well as a large relocation project for an existing
business. Aldi, a global discount supermarket chain, opened a
new store in Fergus Falls in June. The new 18,168 sq. ft. store
located at 1802 Lincoln Ave W was built by Shingobee Builders of
Loretto, Minnesota.
Other new stores were added when the Lincoln Crossing
development was completed in December. Lincoln Crossing,
located at the corner of College Way and Kenney Park Rd now
includes a Jimmy John’s Gourmet Sandwiches and Caribou
Coffee/Einstein Bros. Bagels. A new Great Clips hair salon and
relocated AT&T store will soon open in the development as well.
Roers Development of Fargo, North Dakota built Lincoln
Crossing, which had one remaining commercial unit available for
lease as of the end of 2016.
Another commercial new build project in 2016 relocated Thrifty
White Pharmacy from its location in downtown to a new 3,584
sq. ft. facility at 1484 Lincoln Ave W. The new location, built by
Shingobee Builders, was completed in August. In total,
$3,252,390 of commercial and industrial building permits were
filed for the 2016 year.
Residential Development Two new multi-family housing projects in 2016 will result in at
least sixty new rental units added to Fergus falls with just over to
two-hundred units possible if all phases of the projects are
implemented.
River Oaks Landing, a twenty-four-unit, senior oriented housing
development on Westside Dr was nearly finished by the end of 2016.
The housing complex was developed by Platte Properties, LLC and
includes a new trail connection between each end of Westside Dr. A
number of open-houses were held in the fall of 2016 drawing a large
interest from the region for the senior oriented housing units.
Across the Otter Tail River from River Oaks Landing is another housing
development being constructed by Unique Construction, Inc. of Fergus
Falls. This housing complex will be constructed in phases, with the first
thirty-six unit phase started in 2016.
Housing sales increased by 15% in 2016 with 277 homes sold during the
year compared to 242 sold in 2015, however, a very short supply of
single-family homes, townhomes, and condos continues to plague the
housing market due to high costs for new construction.
Fergus Falls Residential Home Sales
Price Range Total Sales 2015 Total Sales 2016
0-$49,999 16 20
$50,000-$99,999 78 84
$100,000-$149,999 69 81
$150,000-$199,999 41 53
$200,000-$249,999 21 19
$250,000-$299,999 9 16
$300,000-$399,999 7 4
$400,000-$499,999 1 0
Total 242 277
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2016 2 Permits/ 60 Units
$5,300,00
2016
13 Permits
$3,549,000
2016
8 Permits
$3,252,390
Multi-Family Residential
2016—2 Permits ($5,300,000)
2015—4 Permits ($3,080,000)
2014—6 Permits ($5,100,000)
2013—0 Permits
Single-Family Residential
2016—13 Permits ($3,549,000)
2015—14 Permits ($2,699,000)
2014—6 Permits ($1,819,007)
2013—8 Permits ($1,921,000)
Commercial / Industrial
2016—8 Permits ($3,252,390)
2015—5 Permits* ($2,461,724)
2014—8 Permits ($1,240,000)
2013—1 Permit ($300,000) *Lake Region Healthcare Clinic project permit was handled by the State of Minnesota and not included in the 2015 local permit statistics for this report. 3
BOARD OF DIRECTORS
Meeting Highlights Throughout the 2016 year, the Board of Directors met monthly,
with the exception of August. A number of special presentations
were made to the Board of Directors highlighting projects in the
community that will have an impact on the local economy.
M|State Workforce Development Solutions
Staff from Minnesota State Community and Technical College’s
Workforce Development Solutions team presented their services
to the EIC at the April 6 Board of Directors meeting. Workforce
Development Solutions is a rebrand of M State’s former
Customized Training Programs and offers on-site, on-campus,
online, or mobile training options customized to individual
businesses.
Joint EIC Board/Chamber Board Visioning Session
The May 4 Board of Directors meeting was held at the Fergus
Falls Public Library and included a joint discussion between the
Board of Directors for the EIC and Fergus Falls Area Chamber of
Commerce. During the discussion, attendees brainstormed ideas
for what is needed in Fergus Falls to better support business
development. Responses were recorded and presented to both
groups at subsequent board meetings. See next page for a list of
responses.
Strategic Planning Session
In September 2016, the Board of Directors participated with EIC staff in
a strategic planning session. The strategic planning session offered an
opportunity for the EIC Board of Directors and staff to discuss current
and future priorities for the EIC.
Future priorities identified included: completing a comprehensive
business survey, developing a relocation packet, planning a “State of the
City” event, and continuing to focus on childcare, among others.
Otter Tail Power Company Hydroelectric Plant Relicensing
Michael Olson, Principal Engineer at Otter Tail Power Company provided
an update on the hydroelectric relicensing process to the EIC at the
November 17 Board of Directors meeting. The license for five
hydroelectric plants on the Otter Tail River operated by Otter Tail Power
Company will expire in 2021. The process to renew this license began in
2016 with many meetings conducted by Otter Tail Power Company and
the Federal Energy Regulatory Commission (FERC).
Fergus Falls Public Library Renewal Project
Erin Smith, Fergus Falls Public Library Director, presented to the Board
of Directors twice in 2016. Smith updated the EIC on design and
fundraising progress. As of December 2016, over $2.4 million in private
commitments had been raised. The successful half-cent sales tax
referendum will take effect after a one year sunset period for the half-
cent Community Arena sales tax.
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Measurement
Dashboard
Business
Survey
Relocation
Packet
Formal
networking
with peers
State of
the City
Improve EIC/
City Council
communication
Childcare Resident
Survey
Strategic Priorities
2016 EIC Board of Directors
Leon Keller, Chair Don Hurley
Ron Spangler Jr., Vice Chair Dr. Greg Smith
Mary Walth, Secretary Gary Spies
Anthony Hicks, Treasurer Hal Leland, Mayor
Andrew Bremseth, Ex-Officio
What does Fergus Falls need to do to support
business development?
Talk about what’s good/
happening
Support out unique local
shops and assets
Emphasize the
“Community” feeling we
have here
Promote to 5,000 people
to move here, understand
why they don’t
Give young families a
reason to move to Fergus
and stay
Teach businesses how to
be ambassadors
“Shop here first” Attract tourism Support the City
- support change
Promote the benefits of
“smaller” town lifestyles
Provide ways/encourage
employers to allow
employees to telework
Infrastructure/fiber
enhancements
Promote/grow amenities
-retail, pool, library Networking for spouses Quality of life/amenities
Provide balance to
Provide balance to
compensate for Dakotas
tax advantage
Find/develop ways for
employers to help lift
people out of poverty
Change image of Fergus
Falls to be more forward-
thinking, progressive
Bust previous perception -
don’t stop trying to
change
Encourage the right
people to take leadership
positions
Reasonable/available
housing RTC is elephant in the City
Better amenities for
Millennials
Decisions need to be
made more quickly
Visionary Master Plan is
lacking Be open to change
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STAFF ACTIVITY
Projects Downtown & Riverfront Master Plan
Planning work for a future Fergus Falls Downtown & Riverfront Master
Plan kicked off in the summer of 2016. The Fergus Falls Economic
Improvement Commission and the City of Fergus Falls joined forces to
hire Hoisington Koegler Group Inc. (HKGi), a planning and landscape
architecture firm based out of Minneapolis, to lead the planning process
for developing the plan. A review committee selected HKGi as the
planning consultant. Bolten & Menk Inc. (BMI) was selected as a project
partner for transportation and utilities engineering. Miller Dunwiddie
Architects (MDA) was selected as a project partner for heritage
preservation and architecture planning.
Initial steps in the planning process included establishing a Project
Management Team (PMT), composed of staff from the City of Fergus
Falls, EIC, HKGi, BMI, and MDA, as well as a Citizen Advisory Committee
(CAC), composed of representatives from across the community
including downtown businesses, the Fergus Falls School District, Otter
Tail Power Company, local artists and art groups, the Fergus Falls
Farmers Market, Otter Tail County, and other key stakeholders. The
CAC also includes three Fergus Falls High School students.
The master planning process is designed to build upon current and past
initiatives related to downtown and the riverfront, facilitate collabora-
tion with citizens and groups who are already engaged in
improving downtown and the riverfront, and inviting
participation from all who have an interest in making downtown
and riverfront areas of Fergus Falls a better place.
Hoot Lake Power Plant Land Use Study
The EIC received $55,000 in Federal EDA funding to begin the
process of studying the future of the Hoot Lake Power Plant site
in Fergus Falls. Matching funds were contributed by the EIC, City
of Fergus Falls, Otter Tail County, and Otter Tail Power Company.
The goal of the Hoot Lake Power Plant Land Use Study is to
identify direct and indirect financial, economic, engineering, and
environmental impacts that will take place once the coal power
plant is decommissioned after 2021. A project team began
working on an RFQ for engineering studies in 2016.
Otter Tail County Rural Rebound Initiative
A partnership between the Fergus Falls Economic Improvement
Commission and Otter Tail County received $140,000 in grants
from West Central Initiative, the Blandin Foundation, the Otto
Bremer Trust, and the Frank W. Veden Charitable Trust for the
Otter Tail County Rural Rebound Initiative. The Initiative is
designed to improve the region's ability to attract, hire, retain,
and advance workers in careers that pay family sustaining wages.
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The primary goal will be to develop and implement short and
long term strategies that assist in attracting, developing,
retaining and expanding the workforce in Otter Tail County with
an additional goal to energize youth in the area and offer
perspective on the opportunities that exist in their own back
yard. Erik Osberg was recently hired as the Rural Rebound
Initiative’s Program Coordinator. Erik has an extensive
background in marketing and was most recently the host and
producer of the Outdoor Report on Fox Sports North.
Glacial Edge Trail Master Plan
In addition to the Downtown & Riverfront Master Plan, HKGi was
selected by the City of Fergus Falls to facilitate the development
of the Glacial Edge Trail (GET) Master Plan. The GET is a planned
14.7 mile paved multi-use trail extending from the terminus of
the Central Lakes Trail. The City of Fergus Falls submitted an
application to the Greater Minnesota Regional Parks and Trails
Commission (GMRPTC) to designate the proposed trail as a
regionally significant trail. In the summer of 2016 the GMRPTC
rated the proposal as “high.” With this ranking, the City
proceeded to the master plan development stage, which is
needed in order to apply for funding for the trail’s development.
Business Survey
One of the primary strategic priorities identified during the
September Board of Directors Planning Session was a to conduct
a business survey. The intent of the survey was to identify
current issues and needs within the business community. Staff
hired the Morris Leatherman Company, a market research firm
based in Minneapolis, to facilitate the survey process. Over 220
surveys were completed during November and December 2016.
General Activity In 2016, EIC staff executed a number of general economic development
activities and projects and participated in many partnerships, events,
and marketing opportunities.
Staff recently began the process of maintaining and updating a list of
available properties and a list of businesses located within the City of
Fergus Falls. The available properties database adds a necessary tool
that allows staff to quickly relay information on available land, office
space, warehouse space, etc. to prospective users and was frequently
utilized for site-selection requests. The feature was added to the EIC
website. Larger properties are also uploaded to the LocationOne
Information System (LOIS) property search database.
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Survey Question #34
How would you rate the business climate in
Fergus Falls—excellent, good, only fair, poor?
Trainings and Conferences
Staff participated in a number of conferences and training opportunities
in 2016 including:
2016 EDAM Winter Conference
2016 Upper Midwest Regional Planning Conference
2016 MN Broadband Conference
Governor’s Freight Council - Economic Development Working Group
IEDC Real Estate Development & Reuse Course
Lakes Country Service Cooperative - Economic Development Symposium
MN DEED Workshops and Webinars
Transforming Local Government Conference
U of M Extension - Business Retention and Expansion Course
Partnerships and Committees
Staff participated in a number of partnerships and committees:
Econ. Dev. Association of Minnesota - Legislative Committee
Economic Development Professionals Group (WCIF)
Fergus Falls Chamber Workforce Committee
Fergus Falls Downtown Riverfront Council
Greater Minnesota Partnership - Board of Directors
Otter Tail Power Company Community Board
West Central MN Labor Force Development Council
West Central Housing Group (Minnesota Housing Finance Agency)
Marketing Focus on Business Newsletter
The business list database was developed in order to begin distributing
an EIC newsletter, which was mailed to over five-hundred businesses
along with an electronic version sent via MailChimp to over two-
hundred seventy businesses. The Fergus Falls Focus on Business
newsletter is the EIC’s most recent mass communication
platform. In September 2016 the first version was released with
a focus on recent development activity in Fergus Falls along with
information on upcoming community participation opportunities
and local business advising, financing, and training services. Two
newsletters will be mailed throughout the year with electronic
updates sent quarterly between mailings.
Live Wide Open
The Fergus Falls EIC partnered with West Central Initiative as a
matching partner for the Live Wide Open marketing campaign.
The EIC’s match included the use of the City’s billboard on I-94,
which was used to display a Live Wide Open advertisement.
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Minnesota Marketing Partnership
The Fergus Falls EIC is a new partner member of the Minnesota
Marketing Partnership, a public-private partnership organization that
promotes Minnesota and its business economy at local, regional, and
nation venues.
Tri-State Manufacturing Association
The Fergus Falls EIC continued its partnership with the Tri-State
Manufacturing Association (TSMA.) Green Plains, Otter Tail Inc. and
Otter Tail Power hosted TSMA meetings in Fergus Falls in 2016.
Other Marketing Activities:
Chamber Golf Scramble
Business Exchange
The Daily Journal Progress Edition
The Daily Journal Innovation Edition
Fergus Falls Visitors Guide
Table Tents/Resort Brochures
Events Business Summit
The Fergus Falls Business Summit was held on March 16 at the
Bigwood Event Center. The Business Summit included presentations
from Amy Baldwin, Jean Bowman, Lisa Workman, Nick Leonard, and
key-note speaker Ben Winchester discussing the “Rural Brain Gain.”
Small Business Breakfast
The 2016 Small Business Appreciation Breakfast was held on May 3 at
the Bigwood Event Center. The breakfast was held during National
Small Business Week.
Workforce Solutions Summit
In 2016, the Fergus Falls EIC partnered with West Central Initiative to
plan the Workforce Solutions Summit. The May 12 event was identified
by the West Central Labor Force Development Council as an opportunity
to discuss strategies for local and regional workforce challenges. Held at
the Bigwood Event Center, the event included keynote speaker Gardner
Carrick of the Manufacturing Institute as well as a number of sessions
such as: Innovative Partnerships, Nontraditional Employees, Healthcare
Crunch, Manufacturing Recruiting, and Organizational Culture.
Enterprise Minnesota also held their regional State of Manufacturing
presentation just prior to the Workforce Solutions Summit.
Manufacturing Breakfast
The 10th Annual Fergus Falls Manufacturers Breakfast was held on
October 6 at M-State Legacy Hall with seventy-five attendees. The
event was held in conjunction with Minnesota Manufacturing Week.
This year’s breakfast included presentations from Amy Baldwin and Nick
Leonard (Otter Tail County) discussing the Rural Rebound Initiative,
Brad Barth (West Central Initiative) discussing the Live Wide Open
marketing campaign, and key-note speaker Josh Teigen (Protosthetics
LLC.)
Career Exploration Day
The Fergus Falls Career Exploration Day saw a major change in 2016
with seniors given off-campus site visits to Shoremaster, LLC, Lake
Region Healthcare, Otter Tail Power Company, or Otter Tail County
Government Services Center, based on each student’s career
preferences. Career Exploration Day was held on October 6.
Business Resources Information Session
The EIC and West Central Initiative partnered to host a business
resources information session held at West Central Initiative on
December 6. The event provided an opportunity for area banks and
funders to discuss options for financing business development projects.
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FORWARD FERGUS FALLS
Forward Fergus Falls met nine times in 2016 with monthly meetings
held January - May at Keller Williams Realty and September - December
at the Workforce Center. Major Forward Fergus Falls activities in 2016
included the annual Community Celebration and a new downtown
event—Shop, Move n’ Groove.
The Forward Fergus Falls Community Celebration was held on June 16,
2016 at M -State Legacy Hall. This year’s event included an introduction
from new City Administrator Andrew Bremseth, as well as a goodbye to
outgoing Executive Committee members Larry Schulz and Jerry Ness.
Shop, Move, n’ Groove, a new downtown event, was planned and
implemented by Forward Fergus Falls. The motivation for planning the
event was to develop a new and energetic downtown event to replace
the former Crazy Day’s. As the name suggests, the focus of the event
was downtown shopping (Shop), active living (Move), and arts (Groove.)
The inaugural Shop, Move n’ Groove event was a success, although
inclement weather shortened the event. The Fergus Falls EIC
participated as an event sponsor while also helping plan portions of the
event. Forward Fergus Falls hopes to plan the event for a second year.
2016 Forward Fergus Falls Executive Committee:
Erin Smith—Fergus Falls Public Library
Dennis Lipp—Fergus Falls YMCA
Greg Wagner—West Central Initiative
Rick Schara—Fergus Falls Workforce Center
Amy Baldwin—Fergus Falls Economic Improvement Commission
Forward Fergus Falls - Top Priority Drivers for 2016
Ongoing support and efforts help establish a healthy,
vibrant business and workforce environment.
Support continued efforts to engage the community in a
discussion of the library’s expansion and funding.
The development of family oriented activities/aquatic
facility enhances community livability.
Leadership growth continues in Fergus Falls with new and
renewed leadership development and participation.
Help promote the preservation and enhancement of our
historic downtown and riverfront.
10
Appendix A—Tax Statistics Local Market Value, Tax Capacity, TIF Trends
Property Tax Data - League of Minnesota Cities - http://www.lmc.org/page/1/property-tax-reports.jsp
Property Tax Data - League of Minnesota Cities - http://www.lmc.org/page/1/property-tax-reports.jsp
2016 Market Value, Tax Capacity, TIF—Peer City Comparisons
Other 2016 Peer City Comparisons
Property Tax Data - League of Minnesota Cities - http://www.lmc.org/page/1/property-tax-reports.jsp
Total Market Value
2012 2013 2014 2015 2016
Alexandria 1,021,499,402 1,125,271,982 1,141,260,658 1,167,618,478 1,237,578,567
Bemidji 646,506,702 688,592,811 689,910,289 705,626,624 723,305,138
Brainerd 598,168,835 546,873,827 553,857,304 556,231,696 578,684,958
Fergus Falls 718,663,078 719,073,038 730,614,800 728,913,638 745,381,744
Marshall 774,210,907 788,579,920 796,902,260 826,937,940 852,417,309
Worthington 460,469,780 461,957,302 485,289,542 503,318,493 505,764,191
Property Tax Data - League of Minnesota Cities
Total Tax Capacity
2012 2013 2014 2015 2016
Alexandria 13,469,619 14,492,724 14,739,830 15,131,115 15,937,209
Bemidji 8,758,012 9,251,982 9,346,652 9,578,945 9,794,988
Brainerd 7,562,122 6,983,106 7,205,889 7,189,711 7,290,502
Fergus Falls 9,258,977 9,261,994 9,531,069 9,415,994 9,634,856
Marshall 10,199,611 10,511,528 10,745,360 11,153,868 11,506,382
Worthington 5,675,643 5,729,053 6,124,267 6,337,572 6,360,923
Property Tax Data - League of Minnesota Cities
Average Total NTC Rate
2012 2013 2014 2015 2016
Alexandria 117.29% 119.19% 120.46% 117.918% 115.94%
Bemidji 124.56% 126.22% 124.31% 128.450% 132.23%
Brainerd 111.27% 118.11% 125.60% 132.322% 134.07%
Fergus Falls 113.18% 118.88% 112.25% 118.150% 120.49%
Marshall 120.90% 116.06% 106.13% 106.842% 112.27%
Worthington 121.88% 115.96% 101.10% 100.300% 112.47%
Property Tax Data - League of Minnesota Cities
Tax Capacity Per Capita
2012 2013 2014 2015 2016*
Alexandria 1,003.27 1,055.68 1,114.93 1,105.58 1,194.69
Bemidji 652.83 839.34 721.84 698.32 654.35
Brainerd 490.76 484.28 564.59 481.23 533.28
Fergus Falls 722.32 694.64 728.65 732.94 725.08
Marshall 716.17 894.93 806.24 829.95 834.22
Worthington 473.70 470.74 523.30 527.65 481.60
Tax Base Per Capita - Coalition of Greater MN Cities
Captured TIF Tax Capacity
2012 2013 2014 2015 2016
Alexandria 747,092 854,138 895,076 931,321 950,894
Bemidji 350,836 348,223 320,995 328,658 349,900
Brainerd 366,929 332,005 335,229 343,013 283,031
Fergus Falls 159,891 98,742 115,568 114,954 89,236
Marshall 594,484 598,146 545,463 597,760 570,850
Worthington 92,052 91,115 115,366 184,409 163,032
Property Tax Data - League of Minnesota Cities
TIF Captured as a Percent of Total Tax Capacity
2012 2013 2014 2015 2016
Alexandria 5.55% 5.89% 6.07% 6.16% 5.97%
Bemidji 4.01% 3.76% 3.43% 3.43% 3.57%
Brainerd 4.85% 4.75% 4.65% 4.77% 3.88%
Fergus Falls 1.73% 1.07% 1.21% 1.22% 0.93%
Marshall 5.83% 5.69% 5.08% 5.36% 4.96%
Worthington 1.62% 1.59% 1.88% 2.91% 2.56%
Property Tax Data - League of Minnesota Cities
Property Tax Data - League of Minnesota Cities - http://www.lmc.org/page/1/property-tax-reports.jsp
Tax Capacity Per Capita - Coalition of Greater MN Cities - http://greatermncities.org/cgmc-tools/antcpc/
*2016 Tax Capacity Per Capita is estimated
Appendix B—Employment Statistics Employment and Wages by Industry as of 2016 Quarter 2
Employment
Man
ufactu
ring
and
Co
nstru
ctio
n
Trade, Tran
spo
r-
tatio
n an
d U
tiliti
es
Info
rmati
on
Finan
cial Acti
vities
Pro
fessio
nal an
d
Bu
sine
ss Services
Edu
catio
n an
d
Health
Services
Leisure an
d
Ho
spitality
Oth
er Services
Pu
blic
Ad
min
istratio
n
Total
Alexandria 2,435 3,100 172 595 853 3,762 1,420 520 445 13,843
Bemidji 412 3,481 N/A 439 725 4,709 1,668 281 979 13,472
Brainerd 884 1,609 213 344 1,089 4,655 733 423 981 11,312
Fergus Falls 954 2,362 131 260 370 3,557 807 323 923 10,070
Marshall 1,590 2,410 101 790 1,370 2,784 1,175 220 637 11,519
Worthington 2,687 1,674 96 386 286 1,853 601 326 286 8,343
Quarterly Census of Employment and Wages (QCEW), Minnesota Department of Employment and Economic Development (DEED)
Average
Weekly
Wages
Man
ufactu
ring
and
Co
nstru
ctio
n
Trade, Tran
spo
r-
tatio
n an
d U
tiliti
es
Info
rmati
on
Finan
cial Acti
vities
Pro
fessio
nal an
d
Bu
sine
ss Services
Edu
catio
n an
d
Health
Services
Leisure an
d
Ho
spitality
Oth
er Services
Pu
blic
Ad
min
istratio
n
Total
Alexandria $1,274 $632 $1,015 $1,043 $699 $827 $274 $369 $936 $803
Bemidji $809 $621 N/A $748 $777 $929 $259 $513 $967 $734
Brainerd $828 $612 $924 $832 $524 $846 $295 $369 $1,082 $749
Fergus Falls $913 $788 $629 $976 $807 $767 $263 $357 $1,076 $766
Marshall $989 $612 $516 $971 $879 $870 $242 $489 $826 $768
Worthington $911 $601 $691 $1,086 $716 $867 $277 $493 $954 $774
Quarterly Census of Employment and Wages (QCEW), Minnesota Department of Employment and Economic Development (DEED)
Quarterly Census of Employment and Wages - DEED - http://mn.gov/deed/data/data-tools/qcew/
Annual Establishment Totals
Fergus Falls
2012 639
2013 626
2014 610
2015 588
QCEW, DEED
Annual Employment Totals
Fergus Falls
2012 10,101
2013 10,042
2014 10,093
2015 9,980
QCEW, DEED
Annual Weekly Wage Totals
Fergus Falls
2012 $700
2013 $712
2014 $738
2015 $761
QCEW, DEED
Appendix C—Lending and Grant Activity 2016 Loan and Grant Activity for City of Fergus Falls/HRA/Port Authority/West Central Initiative
New Loans in 2016
Loan Description Loan Value
IRP $21,832
MIF $200,000
Sub Total $221,832
ED Loan $10,000
ED Loan $50,000
ED Loan $5,000
ED Loan $4,324
ED Loan $16,037
Sub Total $85,361
Façade Loan $10,000
Façade Loan $5,054
Façade Loan $10,000
Façade Loan $10,000
Façade Loan $2,995
Façade Loan $3,200
Sub Total $41,249
New City Loans Total $348,442
New WCI Loans Total $33,500
Outstanding and Paid Off in 2016
Loan Description Loan Value
IRP Paid Off Early $150,000
IRP Paid Off Early $99,000
IRP Satisfied $74,909
IRP Outstanding $17,806
MIF Outstanding $188,613
EIC Outstanding $53,735
ED Outstanding $576,300
Façade Outstanding $67,346
PA Equipment Loan $35,099
CFD Vine Street Prop. $151,147
City Outstanding Total $1,090,076
WCI Outstanding Total $1,088,119
EIC Grants Received in 2016
Grant Description Grant Value
Mn Bus. Finance Corp. $1,500
Federal EDA $55,000
Blandin Foundation* $4,447.18
Total $60,947.18
*Blandin approved the repurposing of the Broadband Grant
fund balance for the Otter Tail County Rural Rebound Initiative.
Joint EIC/County Grants Received in 2016
Grant Description Grant Value
West Central Initiative $40,000
Otto Bremer Trust $40,000
Blandin Foundation $40,000
Veden Charitable Trust $20,000
Total $140,000
All EIC/County Total $200,947.18
*All joint grants were awarded for the Otter Tail County Rural
Rebound Initiative.