2007.12.17 EDA Packet - Laserfiche WebLink

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CITY OF HANOVER ECONOMIC DEVELOPMENT AUTHORITY MINUTES Strack noted the previous public notice requested rezoning from R-1 to R- 2 and 1-1 and that a revised notice would need to be drafted and distributed. Haugen asked about the status of the concept plan, which illustrated industrial areas toward 5th Street. Strack noted the EDA had discussed this at a previous meeting and noted several potentially cost-prohibitive aspects to the larger redevelopment concept and embraced the smaller concept (limited to Schendel site) as the first step. Motion Urbanski, Second Bartels to request rezoning from R-1 to R-2, I-1 and 1-2 with the option illustrating ten lots and an access to River Road as the preferred alternative. Motion carried 7-0. EDA Strategic Plan EDA Strategic Plan Strack noted the EDA had postponed discussion on the Strategic Plan update at previous meetings to give Board Members additional time to review the memo and consider current goals and progress made toward those goals. Haugen asked Strack to comment on the goals, progress and the overall direction of the EDA. Strack stated the goals for redevelopment, industrial development, commercial development and transportation were applicable and that implementation was proceeding as referenced in the report. Strack noted a perceived possible disparity between ideal development concepts and what is possible for Hanover at this time. Strack also noted economic development successes are built over longer time periods and that the building blocks of business growth/redevelopment are dependent upon the establishment of basic economic infrastructure such as incentive programs, available land/buildings at prices the local economy would bear and an atmosphere that is considered `business-friendly'. Peterson noted that indeed economic development successes take longer periods of time and that that is the reality in Hanover. Peterson noted small steps would eventually lead to big gains. Peterson noted that establishing developments that are styled in a manner acceptable to Hanover residents might take additional time and effort. Peterson noted that working with a developer to establish facilities that meet residents' desires for style is possible especially if the EDA assists by finding tenants for such facilities. Peterson suggested this should be the EDA's main goal at this time. Peterson also noted a need to focus on businesses that are here already. Strack noted development projects in general would need to be financially viable and that the EDA could assist with financial incentives to fill `gaps' in funding but that the result would need to be affordable for end-users. Strack suggested interviewing Amy Jewett of Treehouse Childcare regarding the EDA's role in development and the development process. Strack noted possible EDA involvement with the Ebert Construction project and a potential redevelopment of the former Suburban Electric site. Buchholtz noted the process for the Treehouse Childcare development CC Hanover EDA minutes: August 10, 2006 4