Agenda - Economic Development Authority - 01/12/2005

Home

Business Grand Openings:. None to report. Marketing Initiatives: Staff mailed the DOn't Break the Bank and Balancing Growth pieces to the direct mail list approved by the EDA during the December meeting. BUsiness Communication InitiatiVes: The taping of the QCTV Business Connection went well and 'will begin airing in mid January. Publication of the Business Connection newsletter will commence in January/February. If the EDA has any ideas to mix it up and provide the 'most effective newsletter to the business community, staff would appreciate any input. Staff is in the process of securing Chairman Bell from the Metropolitan Council to speak at the March Business Network Meeting. EDA Projects: Douglas and Gary Hanson (Bakestar Property): Nothing to report. EDA Redevelopment Signs: The signs are complete and should be placed on the chosen property sites by weeks end. The sites are as follows: Spohn rental site (County 116), Former Cox Property (Sunfish Lk Blvd next to Life Fitness), Bakestar and the Martin property (County 116 & Azurite St.) B & A Cylinder: Negotiations have re-opened with B & A Cylinder. At this point it is becoming difficult to come to a consensus on the purchase price. Staff will continue to try to find a mutually agreeable situation for both the City and-B & A Cylinder. Miscellaneous: Debee ProperS: Staff is in contact with the owner of this parcel and is beginning negotiations to purchase said property. Amoco Property.: Staff is in contact with the agent for the Old Amoco on Highway 47. Staff will get a formal letter of intent to Amoco when City Staff and the City Attorney complete the letter. Future Meeting Topics: I. 2005 Workplan 2. Economic Development on City website 3. Completed Revitalization Project Signs 25'