The Goal In 2017, the Village of Slinger struck an agreement with the Wisconsin Electric Power Company to transfer service area territory to the Village of Slinger by the power company that was previously served. The Slinger Electric Utility needed to issue debt to successfully fund the transfer. The Solution Village officials engaged Ehlers to […]
The Goal The Village of Union Grove sought to redevelop a vacated, three-acre site adjacent to downtown. The property was previously used as a mill and became environmentally contaminated. The Village’s redevelopment initiatives included providing market rate rental housing to meet demands and generate foot traffic downtown, create additional retail spaces on downtown main street […]
The Goal In 2015 the City of Cedarburg, Wisconsin sought to encourage redevelopment of a key historic downtown site following the closure of the St. Borgia Catholic School. The Solution City officials engaged Ehlers for economic redevelopment services. Cedarburg desired development given the prominence of St. Borgia’s site in the downtown area. Architectural design requirements […]
The Goal In 2018, the Village of Oostburg welcomed a new company, Masters Gallery Foods, which would not only be a noteworthy addition to the sewer system, but potentially provide significant increment within a Tax Increment District (TID). The Village was also planning a significant upgrade to its Wastewater Treatment facility, addressing treatment needs and […]
The Goal In 2016, Minneapolis established an agreement with stakeholders for the refurbishment of Target Center. The City’s participation in the project had been established at $74 million, which was intended to be debt financed and repaid from various funding/revenue sources. To provide flexibility and reduce the amount of any capitalized interest, it was determined […]
The Goal Hennepin County established a funding program to advance transit-oriented development (TOD) projects that demonstrated a financial gap and an ability to proceed with funding support. The Solution Hennepin County selected Ehlers to analyze and underwrite funding applications to best allocate scarce public resources. Ehlers’ economic development team is highly experienced with analyzing due […]
The Goal Anoka, Sherburne and Hennepin counties envisioned a rail system that would serve their burgeoning communities as traffic became more congested. But, like most transit projects, the future Northstar commuter rail line faced major financial hurdles along the way. For starters, the majority of the federal and state funding was only released after key […]
The Goal The Twin Cities Army Ammunition Plant in Arden Hills, Minnesota, has stood at the center of multiple potential redevelopment initiatives, debates and false-starts for more than two decades. In 2014, Ramsey County began the task of constructing a complete and multi-faceted development plan for the site. The Solution County officials engaged Ehlers for […]
The Goal For several years, Kandiyohi County officials were required to transfer – via truck – of more than 3 million gallons of toxic leachate from its own landfill to the City of Willmar’s wastewater treatment plant for processing. This practice not only presented long-term public safety and health concerns county-wide, but the City’s plant […]
The Goal Washington County CDA established a goal to redevelop a parcel of land in Mahtomedi, Minnesota to provide affordable housing to seniors whose income range between 50% and 60% of the area’s median level. The Solution The CDA selected Ehlers to provide financial planning, economic development and debt issuance services. Our municipal advisors worked […]
