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EDA PACKET 06.18.19
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EDA PACKET 06.18.19
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10/14/2019 11:22:29 AM
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Commissions
Meeting Date
6/18/2019
Document Type
Agenda/Packets
Commission Name
EDA
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4. Create and Maintain a Business Resource List <br />Action Step: The EDA will create and maintain a current list of state, county, city and other <br />resources to assist businesses with expansions and new development in the city. This business <br />resource list will be included on the EDA website. <br />Deliverables: The creation of the business resource list will begin immediately (third quarter of <br />2018) and will be maintained on an ongoing basis. <br />5. Meet with Property Owners/Keep an Inventory of Available Properties <br />Action Step: City staff with the assistance of CDA staff will meet with interested property <br />owners on an ongoing basis to determine the level of interest in selling, appropriate contact, <br />proposed timing, asking price, and any other relevant information that might be used for <br />planning purposes and directing future inquiries. <br />Action Step: City staff with the assistance of CDA staff will partner with commercial realtors, <br />building owners and businesses to be a resource whenever possible to identify commercial and <br />industrial land development/redevelopment opportunities. An inventory of available properties <br />and vacant buildings will be maintained to attract new businesses and promote higher building <br />occupancy. <br />Deliverables: The EDA will be updated at regularly scheduled meetings on the progress and <br />outcomes of the meetings with property owners, developers and site selectors. This will begin in <br />the third quarter of 2018 and will be ongoing. <br />6. Explore Options for a B, R&E Visitation Program <br />Action Step: The City and CDA staff will research and explore options for a business retention <br />and expansion program. City staff with the assistance of CDA staff will evaluate costs, timing, <br />create a business survey and discuss the potential interview process and overall program <br />operations. Recommendations will be brought to the EDA for consideration, input and <br />discussion. <br />Action Step: The Hugo EDA will explore developing a business appreciation certificate <br />program to recognize, show our appreciation and highlight local businesses and employers on a <br />quarterly basis at regularly scheduled EDA Board meetings. <br />Deliverables: City staff will be providing options to EDA for discussion and consideration. This <br />will begin in the second quarter of 2019. <br />Program Costs: TBD <br />rd <br />
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