Minutes - Economic Development Authority - 03/11/2021

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Economic Development Manager Sullivan reported that during the closed session the EDA discussed the price strategy for City owned land and came to a consensus on that topic. Motion by Member Cords, seconded by Member Burandt, to recommend to City Council to change the pricing strategy for City owned property as proposed in the handout materials provided by staff. Motion carried. Voting Yes: Chairperson Steffen, Members Cords, Burandt, Howell, and Riley. Voting No: None. Absent: None. 4.03: Discussion About 2021 EDA Events Economic Development Manager Sullivan presented the staff report beginning with the recommendation for the Business Expo. Chairperson Steffen asked for input on what the decisions would be based upon, whether that would be a decision of the City or based on State guidance. Economic Development Manager Sullivan stated that in terms of event planning staff needs time to setup for those events, therefore it is not possible to host the event in April. He explained that as it stands, those types of gatherings are not allowed under Executive Order and therefore those events of that nature are being delayed or moved. He recognized that additional changes may be coming from the Governor, which is encouraging. Chairperson Steffen confirmed that the event could not be held in April and therefore the group could host the event in the fall or delay until April 2022. Member Riley asked if the Business Expo could be combined into the craft fair and Happy Days events. Economic Development Manager Sullivan commented that while that is possible, the EDA has structured its events to be standalone EDA events. He stated that hosting the event at Adrenaline provided the most successful outcome and helped a Ramsey business. Chairperson Steffen asked if the Happy Days Committee is also on a wait and see pattern. Deputy City Administrator Gladhill commented that group is proceeding with the framework that the event could be held in the fall, of course dependent upon guidance at that time. Economic Development Manager Sullivan commented that he will begin planning for a fall Business Expo event. He then moved on to the Business Appreciation Day event, highlighting the modified event that took place in 2020 and the hope to hold it in a more traditional format in 2021. Chairperson Steffen confirmed the consensus of the EDA to support the staff recommendation to plan for a traditional Business Appreciation Day event format for both golf and banquet. Economic Development Authority/ March 11, 2021 Page 3 of 5