2007.03.19 EDA Packet - Laserfiche WebLink

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BACKGROUND MEMO FOR THE EDA MEETING OF Monday, March 19, 2007 3. Approval of Minutes EDA meeting of February 20, 2007 City staff recommends that the EDA approve the minutes for the February 20, 2007 EDA meeting as presented. 4. Discussion on Welcoming Service to New Residents in Hugo Robin Green, a resident of Hugo,would like to present a plan to the EDA for a business that would welcome new residents and businesses to the City. The company would be called "Welcome Home Neighbor"and would provide business information, coupons, and pamphlets/brochures to new residents and businesses. The strategy of"Welcome Home Neighbor" is to invite the members of the Hugo Business Association to become active participants in this welcoming service program. Robin Green will be present at the meeting to talk to the EDA about her business plan. 5. Discussion on TIF Plan At the February 20th, 2007 EDA meeting Paul Steinman and Mikaela Huot from Springsted presented the TIF Policy and Plan to the EDA and requested feedback. At the meeting there was great feedback on the policy and plan. The EDA recommend adoption of the policy to the City Council at that meeting. The EDA will need-to - make a motion to recommend adoption of the TIF Plan to the City Council. Staff has attached the TIF Plan. If there are any changes the to the TIF Plan that the EDA would like, the recommendation to adopt the TIF Plan can be made with conditions. 6. Discussion on EDA Sponsorship to the April 22, 2007 Hugo Kidz In Biz Fest On April 22, 2007, the 3rd annual Kidz `n Biz Fest will take place at the Oneka Elementary School. This annual event is an opportunity for the Hugo Business Association and the Hugo EDA to directly connect with Hugo families and children in a PTA carnival atmosphere. The event has grown so big that it was necessary to move it to the super-sized gymnasium at the school. This event is expected to attract more than 400 Hugo children and their families, and will once again feature the chocolate chip cookie contest, as well as an assortment of carnival games presented by Hugo businesses with assistance from the WBL High School and National Honor Society. Last year the EDA and the Hugo Business Association (HBA)co-sponsored the event in the amount of$500. Staff recommends that the EDA make a recommendation to the City Council that the EDA co-sponsor with the HBA for Hugo Kidz `n Biz Fest.