EDA Packet 09.18.18 - Laserfiche WebLink

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In summary: Package options for U of M Extension involvement ranges from $15,000 for the premium program, $12,000 for the standard program and $7,000 for the research option with no consulting included. This option is the most comprehensive and will result in a more formal process and report. 2) City of Hugo and Washington County CDA lead program. Under this option, City and CDA staff will develop and lead the program including: developing a business survey, develop and oversee leadership teams, coordinate the business visits, tabulate the survey data/responses and prepare a report summarizing the results of the business surveys. This option is the least expensive route (essentially using existing staff resources and in-house printing and copying) but it could easily result in the most time consuming for staff. I am a certified BR&E consultant through the U of M BR&E Program would welcome the opportunity to assist/lead as the city desires at no additional expense to the Hugo EDA. I have previously conducted five BR&E programs and I do have sample documents including business surveys and letters to introduce the program to the businesses that have successfully been used in other cities (and Chisago County) to implement their programs. There would be no involvement of the U of M Extension in this option. It is possible, however, to include the HBA and EDA members as a partner in the business visits/surveys if you wish. Action items for a future EDA work plan and priorities can be developed as a result of the outcomes under this option. Summary results can also be shared (on the overall findings of the survey) with the community and the businesses. 3) Hybrid of 1) and 2) above It is possible that a combination of options 1) and 2) above could be implemented. The benefits to a hybrid option may include: a more formal and public approach to the program with increased visibility, a neutral party to summarize, tabulate and report the survey data, and potentially less staff time. The HBA, EDA and City and County CDA staff would conduct the business visits and then the U of M could complete the research and report (identified above $7,000 in the research option in 1). 4) Informal Meetings with the Mayor & staff. This option is likely going to be the least time intensive and lowest cost approach. Business visits are usually conducted with no formal surveys or report. Essentially this option provides a way for the city to say "welcome" (to new businesses) and thank you for doing business in Hugo. Q: Are there any concerns or topics that you want us to assist you with"?