Agenda - Economic Development Authority - 12/14/2017

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Economic Dev. Mgr./Assistant City Administrator Brama reviewed the timeline, noting spring 2018 would be the end of the comment period when the document will return to the City Council. Chair Steffen stated that he would be curious to hear a summary of the public input. Member Hardin stated that the document has a lot of "City speak" and was unsure that the public would be able to follow some of the language. City Administrator Ulrich noted that did come up at the Council level and noted that staff would repackage the language for presentation to the public to make the document and intent more user friendly. Member Hardin stated that he has made some grammatic comments that he will provide to staff. Motion by Member Skaff, seconded by Member Hardin, to reaffirm the previous EDA statement regarding The COR Interim Development Plan. Motion carried. Voting Yes: Chairperson Steffen, Members Skaff, Hardin, LeTourneau, and Riley. Voting No: None. Absent: Member Burandt. 4.02: 2017 EDA Business Networking Event Update Economic Dev. Mgr./Assistant City Administrator Brama presented the staff report. Chair Steffen asked for details on the development update. Economic Dev. Mgr./Assistant City Administrator Brama stated that the presentation would be a mix between himself, City Administrator Ulrich, and Community Development Director Gladhill and would focus on highlight updates. 5. MEMBER / STAFF UPDATE The EDA reviewed the Staff Update. He provided updates on recent marking for development, and the Sunfish Lake gas station demolition. He provided information on an upcoming case for the EDA. He provided an update on the resilient communities program that the City has partnered with the University of Minnesota on. He stated that staff continues to work on shovel ready certifications and identified prospects within the City for development. He stated that this is the highest level of prospects that the City has ever seen, which is a good indication that the City is heading in the right direction. He highlighted some of the concerns that staff continues to hear regarding demographics. He noted that staff is concerned that there is a lag in the data regarding demographics and current development projects. He stated that the City previously worked with Buxton, noting that the group has approached the City once again with a desire to work together. He noted that Buxton has a new approach and product model. He asked if the EDA would have interest in providing Buxton with the opportunity to make a presentation to the Economic Development Authority/October 12, 2017 Page 3 of 5