2007.04.16 EDA Packet - Laserfiche WebLink

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BACKGROUND MEMO FOR THE EDA MEETING OF Monday, April 16, 2007 3. Approval of Minutes EDA meeting of March 20,2007 City staff recommends that the EDA approve the minutes for the March 20, 2007 EDA meeting as presented. 4. Blue Heron Grill There are two building pads in front of Festival Foods that are planned to be occupied by a bank and a restaurant. Currently United Properties is working with Chad Wagner on a site plan for the Blue Heron Grill. Staff has invited Mr. Wagner to come to the EDA meeting to talk about his restaurant and give details about his business plan. Staff recommends the EDA welcome Chad Wagner and the Blue Heron Grill as a new business in the community. 5. Update on TIF District and Downtown Master Plan At its Monday, April 2,2007 meeting the City Council approved the adoption of the Downtown Master Plan. At the same meeting there was a Public Hearing on the TIF District,which was tabled to Monday,April 16, 2007. Staff will update the EDA on the outcome of the meeting. 6. Discussion on Appraisal for Property Located at 5389 145th Street North The City has been contacted by Murry Millman's conservator that his home located at 5389 145th Street North is for sale. The City purchased the house next door, the Schoeller property at 5399 145th Street, back in August for the future extension of Finale. The house will soon be place on the market for$198, 000.As properties in the downtown area become available the City has been letting the EDA know about them. Staff would like the EDA to discuss if the City should start thinking about purchasing property on 145th for redevelopment as they become available. /(7)Marketing Strategy For the past couple years the EDA has been working towards a Marketing Strategy for the City. It is also a goal of the EDA for 2007. Staff will present what Hugo is doing for a marketing tool and what other Cities are doing to promote themselves. Attached is an idea that the EDA had in 2005 for a Marketing Program for the City. Staff recommends that the EDA discuss what kind of marketing they would like for the City and give direction to Staff.