DADi 1st Annual Meeting

Annual MeetingSeptember 15, 2009

Buffalo Ridge Resort, Gary SD

things are starting to bloom.

DADi │Deuel Area Development, Inc.

agenda.deuel triviaDADi programelectionsAirstreams Renewableswrap-updinner, tours & demos

deuel trivia.

DADi │Deuel Area Development, Inc.

How much do you know about Deuel County?

Did you know?...

DADi │Deuel Area Development, Inc.

DADi program.Business Meeting Items

open business meetingmembership + registrationfinancial report

DADi │Deuel Area Development, Inc.

DADi program.DADi Work

general overview (handout)highlights: housing + youth activities

Deuel County Housing

AssessmentLet’s take a look at housing in Deuel County and unlock the details together.

Data Analysis + Observations + Insights by Deuel Area Development & the Rural Learning Center

Survey overview

61% Return Rate

696 Surveys Distributed, 428 Returned

Businesses & organizations surveyed:Good Samaritan Society, Technical Ordinance, Deuel School, EMPI, ITC, Supreme MMT/

Pork Sanford Deuel County Hospital, H-D Electric, EMS, Deuel County National BankAmerican Family Insurance, Ardy’s Bakery, Aunt Sally’s Attic, Birdie’s Beauty Nest, Cenex C-Store, City of Clear Lake, City of Gary, Clear Lake Building Center, Clear Lake Chiropractic, Clear Lake Courier, Clear Lake Vet Clinic, Conservation Office, Deuel County,Deuel County Abstract Company, Deuel County Cenex, Deuel County Extension, Deuel County Hwy Department, Deuel County Pharmacy,Fritz Chevrolet, FSA Office, Gunderson Law Office, Hall’s Machine, Joyce’s, Kathy’s Corner, Kids In Motion,Lundberg Electric, Maynards, Mel’s Hardware, Melvees, Midwest Converter, Olson DDS, Pizza Shack, Post Office, Pronto Auto Parts, Swenson Ford, The Cowboy, The Lanes, Wells Fargo

survey overview

Healthy Housing Market

key learnings

#1We have a healthy housing market in Deuel

County. • Healthy number of home sales• Healthy turn-over in the market

Why is there a perception that we have a challenge with housing? • Is it that we don’t have enough of a specific type of housing?• Are our expectations higher than we can afford?

1. What people believe to be affordable housing:Less than $100,000. $60,000 – $80,000 had the highest response.

2. Average cost of a modest new construction ranch style home: $135/sq. ft. ($190,000 for 1400sq. ft. home)

There is a gap between the cost of new construction and

what people consider to be affordable. This gives great

potential to a purchase-rehab-resell program.

The Affordability Reality

key learnings

#2

With a Purchase – Rehab – Resell Program.

The data shows that there are very affordable homes selling on

the market. Let’s investigate how these very affordable homes (that are likely in need of repair)

can provide a housing solution that people

with low- to moderate- income can afford.

Let’s Get Resourceful

key learnings

#3

Many people cannot afford a Down Payment. They either have other significant debt, or don’t have enough savings built up.

So…what can we do to help? Here are some recommendations…

Down Payments are an Obstacle

key learnings

#4

Turn Faces into Neighbors

key learnings

Let’s satisfy people who are already here, rather than focusing completely on people attraction.

What would make you want to stay?How can our organizations help in

retaining people?

#5

DADi │Deuel Area Development, Inc.

DADi program.DADi Work

general overview (handout)highlights: housing + youth activities

DADi │Deuel Area Development, Inc.

DADi program.Deuel Youth Activity Initiative: Larson Foundation Grant Applicant, Sept 2010

#1Disc GolfUlven ParkClear Lake

#2Indoor/Outdoor MovieTheaterUlven ParkClear Lake

DADi │Deuel Area Development, Inc.

DADi program.Deuel Youth Activity Initiative: Larson Foundation Grant Applicant, Sept 2010

#3SummerArt CampLocation TBD

#4Paddle BoatingUlven ParkClear Lake

DADi │Deuel Area Development, Inc.

DADi program.Deuel Youth Activity Initiative: Larson Foundation Grant Applicant, Sept 2010

#5Roller SkatingLocation TBD,Possibly Gary

#6Ice SkatingGary

DADi │Deuel Area Development, Inc.

DADi program.Deuel Youth Activity Initiative: Larson Foundation Grant Applicant, Sept 2010

#7DancesRotatinglocations

DADi │Deuel Area Development, Inc.

DADi program.DADi Priorities

business developmenthousingrecreation & community lifelong term planningmain street/retailleadership & involvement

DADi │Deuel Area Development, Inc.

elections.

Election of DADi leaders: our board of directors.

Calling all ballots…

DADi │Deuel Area Development, Inc.

elections.Rollie Nevins

• Deuel County resident 15 yrs, Clear Lake resident 3 yrs• General Manager & part owner of Supreme Pork & Welding• Rollie’s wife Kathy is an RN at Good Sam in Clear Lake.

Jim Canaan• SD resident 21 yrs, Clear Lake resident 16 yrs• Support Services Manager at ITC Telecom• Jim & his wife Tammy have 2 daughters. Tammy home- schools the girls and is a small business owner.

DADi │Deuel Area Development, Inc.

elections.Mary Matthies

• Gary resident 9 yrs• Vice President of the Loan Department at DNB Bank• Mary & her husband Darren are acreage owners & enjoy the outdoors.

Chad Schiernbeck• Clear Lake resident 6 yrs• Athletic Director at Deuel School• Chad and his wife Danielle have three kids: Cooper, Eden & baby Case.

DADi │Deuel Area Development, Inc.

elections.Jay Grabow

• Hometown, Gary SD• Owner of Grabow Construction owner, general contracting• Personal

John Knight• Clear Lake resident• Attorney at Gunderson Law Firm• Personal

DADi │Deuel Area Development, Inc.

elections.Sonia Mack

• Brookings resident• 4H/Youth Development Director for Deuel County (10 yrs)• Sonia and her husband have 2 kids: Brayton (5) & Brinleigh (4)

Heidi VanSambeek• Brookings resident• Employed by Dakota Wind LLC (mgmt company for Buffalo Ridge, Novne Aviation, & several real estate properties)• Heidi & her husband Josh are closing on a house in Brookings today!

DADi │Deuel Area Development, Inc.

elections.Ashley McCormick

• Lives on family acreage outside of Clear Lake, resident 18 yrs• Junior at Deuel School, parents are Steve & Joyce McCormick • Ashley enjoys photography, church choir, hanging out with friends. She is involved in NHS, Student Council, Key Club, band and chorus.

DADi │Deuel Area Development, Inc.

Airstreams Renewables.

Wind industry boot-camp: safety & tech training.

Midwest hdqtrs: Gary SD!

DADi │Deuel Area Development, Inc.

wrap-up.

Questions?

Pie contest winners.Thanks to Buffalo Ridge!

DADi │Deuel Area Development, Inc.

dinner, tours & demos.

Dinner: chili, bread & pie… yum!Tours: Buffalo Ridge ResortDemos: Airstreams RenewablesViewing: Housing AssessmentSign-up: Youth Activities!

Thank you for joining us!

Special thanks to:Buffalo Ridge Resort

DADi FundersDADi Board of Directors & their families!

City of GaryCity of Clear Lake

Deuel County