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rCITY O� <br />EST 1906 <br />2019 EDAANNUAL REPORT <br />A Year in Review... <br />his Annual Report is designed to showcase the economic <br />development activity during 2019 and to showcase the <br />commercial and industrial businesses that have seen <br />success throughout the year. The goal of the Hugo <br />Economic Development Authority (EDA) is to create a thriving <br />community with diverse jobs and tax base by emphasizing <br />business retention, business expansion, and business attraction in <br />the community. Hugo's business community continues to expand <br />due to strong residential growth and an attractive business <br />environment. This year the City issued 96 new single-family <br />residential permits, 4 multifamily permits, and 5 commercial and <br />industrial construction permits. The overall valuation of the <br />commercial and industrial construction completed in the City in <br />2019 was $896,000 and totaled 11,550 square feet. In this Annual <br />Report, the EDA highlights development project updates, EDA <br />business activities, and the marketing of City owned property in <br />downtown Hugo. The City of Hugo and the EDA welcomes all of the <br />new and growing businesses to Hugo and are excited about the <br />new jobs and services they provide to the community. <br />2019 EDA Goals <br />In December of each year, the EDA has a goal setting session to <br />set priorities for the year ahead. These become the outline for what <br />the EDA works on and completes throughout the year. Below are <br />the goals which include action items that the EDA worked on during <br />2019. <br />EDA Commissioners: <br />Tom Weidt, President <br />Phil Klein, Vice President <br />Tom Denaway <br />Mike Gallivan <br />Joe Houle <br />Cindy Petty <br />Frank Puleo <br />