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Commissioner Puleo asked how the seminar will be communicated to business owners. Eng responds that <br />they are communicated through chambers of commerce, and several other EDA members suggested <br />engaging the Hugo Area Business Association (HBA). <br /> <br />UPDATE ON DEVELOPMENT <br /> <br />Juba gave an update on development taking place throughout the City. The relocated Premier Banks <br />branch pulled their building permit. The City is getting closer to an agreement with the DNR on the <br />Downtown Hugo project. Xcel Energy will be constructing the mo ck substation in the Bald Eagle <br />Industrial Park as Phase 1 of the project that was approved in late 2022. There are several residential <br />projects moving forward that were in the pipeline, but developers are mostly holding due to <br />economic concerns. <br /> <br />Commissioner Puleo asked how much interest there has been for commercial and industrial projects. <br />Juba responds that there hasn’t been a lot, primarily due to a lack of vacant industrial property that is <br />connected to municipal sewer and water services. There has been some commercial interest, such as <br />a potential Circle K gas station. St. Croix Saddlery will be moving due to a lack of space. Lametti and <br />Sons is moving towards closing a deal with Dart Portable Storage after the latter received approval of <br />a CUP amendment in February. Finally, the construction of the roundabout at 159th Street and <br />Highway 61 is expected to begin this summer. <br /> <br /> <br />ADJOURNMENT <br /> <br />Commissioner Klein made a motion, seconded by Commissioner Arcand, to adjourn the meeting at <br />6:12 PM. <br /> <br />Ayes: All <br />Nay: None <br />Motion carried. <br /> <br />Respectfully submitted. <br /> <br />Max Gort, Associate Planner