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�lh``I;i,IVIiIIIWIO,I` � , <br /> • <br /> City of Hugo <br /> 2 012 EDA Annual Report <br /> Introduction... <br /> This Annual Report is designed to showcase many of the commercial and in- <br /> dustrial businesses that have located in Hugo and other economic develop- <br /> HCity ofment during 2012. The goal of the Hugo Economic Development Authority <br /> ugo (EDA) is to create a thriving community with diverse jobs and tax base, <br /> In this brought about by specific emphasis on business retention, business expan- <br /> sion, and business attraction. Hugo's business community is rapidly expand- <br /> xcel Energy Inc., 2 ing due to strong residential growth and an attractive business environment. <br /> Training Center The City had go new residential homes built as well as 9 commercial con- <br /> NRI—Continued 2 structions this year. The valuation of the commercial and industrial con- <br /> Progress struction completed in 2012 in the City totaled $9,111,656. The City of Hugo <br /> Building Expansions 2 and the EDA welcome all of the new businesses to Hugo and are excited <br /> about the new jobs and services they provide to the community. In this An- <br /> Frenchman Place 2nd 3 nual Report the EDA highlights the projects approved in 2012, the new busi- <br /> BR&E Program& 3 nesses that have located in Hugo, EDA events, and the Business Retention <br /> International Award and Expansion Program implementation that continued through 2012. <br /> Hugo REALTORS 4 2012 EDA Goals... <br /> Forum <br /> i. Business Retention and Expansion <br /> Senior Housing 4 • Implementation of the BR&E Strategies Program <br /> Concept Plan • Continue collaboration with HBA <br /> • Continue participation in events. (groundbreaking, ribbon-cutting <br /> New Businesses 4 ceremonies) <br /> 2. Continue Marketing of the City <br /> • BR&E Marketing Action Plan <br /> 2012 EDA Members: • Downtown Promotions <br /> • Greater MSP <br /> Fran Miron, Discussion on City Identity <br /> President 3. Event Marketing <br /> 4. Continue working on downtown redevelopment projects <br /> Phil Klein, • Coordinate public infrastructure <br /> Vice President . City owned properties <br /> • Implementation of the LCDA Grant <br /> Jim Bever 5. Establish quality industrial and commercial development <br /> • Focus on gateways <br /> Frank Puleo Review development policies and incentives within the approval <br /> process <br /> Jan Arcand 6. Transportation <br /> • Interchange @170th St&35E <br /> Tom Denaway . Intersection @ HWY 61 &CSAH 4 (170th St) <br /> • County Road 8 Trail on the south side <br /> Mike Granger 7. Encourage the County on Economic Development Efforts <br /> City of Hugo 14669 Fitzgerald Avenue North Hugo,MN 55038 www.ci.hugo.mn.us (651)-762-6300 <br />