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2020 Goals <br />Economic Development Authority (EDA) <br />-Continue strategic plan to market the City owned property in downtown <br />• Reach out to commercial real estate brokers to promote redevelpoment <br />of the Egg Lake Property <br />-Assist and encourage redevelopment of other properties in downtown <br />• Continue low development costs <br />-Continue business visits and the BR&E Program <br />• Provide resource lists for business <br />• Encourage the extension of high speed internet through -out the City <br />• Promote Washington County CDA grant programs <br />-Continue memberships of economic development associations <br />-Encourage moving forward with installing City entrance monument signs <br />• Encourage businesses to identify themselves as being located in Hugo <br />-Attend Technology Corridor U35E) meetings <br />• Review, update, and implement the work plan <br />• Complete the 165th Street Study and evaluate options for infrastucture <br />and development in that area <br />-Continue partnering with local businesses and the HBA <br />-Continue to partner with Washington County on its Economic <br />Development Strategic Plan <br />•Invite Economic Development experts to EDA meetings for education and <br />training on certain topics <br />-Meet with property owners with property for sale to see if there is any way <br />the City can help <br />Approved by the EDA at its Tuesday, January 21, 2020, meeting <br />