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was built it reduced visibility for this and other parcels but believed that could be solved with <br /> appropriate signage. He stated that the proposed project would be the first step to increase <br /> development on the west side of Armstrong Blvd. He stated that the concept would be similar to <br /> the retail near Coborns with multiple tenants. He noted that the second building could be a <br /> restaurant/food service tenant. He explained that typically quick service food will not come until <br /> other business fills in around it. He stated that he would begin on the speculative building once <br /> the spring thaw is complete and the planning process is complete. <br /> Motion by Member Kuzma, seconded by Member Kanaventi, to recommend to City Council to <br /> approve the terms of the land exchange, subject to City Attorney approval. <br /> Further discussion: Member Burandt stated that this is a win/win for the City as the City will <br /> receive the land for the infiltration basin and in return will get additional development on the <br /> west side of Armstrong Blvd. <br /> Motion carried. Voting Yes: Chairperson Steffen,Members Kuzma, Kanaventi, Burandt, and <br /> Riley. Voting No: None. Absent: Member Hardin. <br /> 4.02: Select Dates for Remaining 2019 EDA Events <br /> Economic Development Manager Sullivan presented the staff report. He recommended moving <br /> the Business Appreciation Day back to the third Tuesday in August and confirmed consensus of <br /> the EDA. He recommended moving the Business Network Meeting to one of the first three <br /> Thursdays in November. <br /> Chairperson Steffen asked if the Fountains would be willing to hold a couple of those November <br /> dates, which would allow flexibility for the availability of the speaker. <br /> Economic Development Manager Sullivan confirmed that he could verify that potential with the <br /> Fountains and would hope to lock in a speaker for the event earlier so that the date could be <br /> finalized. <br /> Member Kuzma stated that he would prefer November 7t. <br /> Economic Development Manager Sullivan provided an update on the Business Expo, reporting <br /> that 34 businesses have signed up for the event. He stated that a total of 55 to 60 businesses <br /> could be allowed at the new venue. <br /> Motion by Chairperson Steffen, seconded by Member Kuzma, to select August 20, 2019 as the <br /> date for the 2019 Business Appreciation Day. <br /> Motion carried. Voting Yes: Chairperson Steffen,Members Kuzma,Burandt, Kanaventi, and <br /> Riley. Voting No: None. Absent: Member Hardin. <br /> Economic Development Authority/February 14,2019 <br /> Page 3 of 5 <br />