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UPDATE ON 2008 COMPREHENSIVE PLAN <br />On January 10, 2008 the City Council and Planning Commission held a workshop on the <br />2008 Comprehensive Plan. Staff updated the EDA on the workshop and attached the <br />Economic Development section of the plan and the implementation plan to the EDA packet. <br />CD Director explained that some proposed industrial land was taken out in the newly <br />proposed land use plan. EDA had previously added additional industrial land to the plan at an <br />earlier meeting, but at the January 10, 2008 workshop the industrial land as changed to <br />medium density residential. The EDA agreed with the change although they still want <br />industrial land in the northern portion of Hugo. <br />UNIVERSITY OF MINNESOTA BUSINESS RETENTION AND EXPANSION <br />RESEARCH PROGRAM <br />Staff met with Liz Templin, from U of M extension services, on the Business Retention and <br />Expansion Research Program they offer to communities. Staff updated the EDA on the <br />meeting and requested feedback from the EDA on the program. Staff attached a packet that <br />describes the program objectives. <br />CD Director stated that although this is a good program for the City it is extensive and will <br />take a lot of staff time to accomplish. Staff time would be around 20 hours per week. The <br />City may want to use this program in the future. <br />Bever stated that the EDA members and with partnering with the HBA we may be able to do <br />some of this work on our own with a subcommittee. <br />DISCUSSION ON EDA GOAL SETTING FOR 2008 <br />Attached were the EDA and City Council 2007 goals for the City. On January 28, 2008 there <br />will be a City Council workshop to establish the 2008 City goals. Staff asked the EDA to <br />discuss what they see as important goals for the City in 2008. <br />Below are the 2008 goals that were recommended to the Council by the EDA at the meeting: <br />1. Create Business Retention and Expansion Subcommittee of the EDA <br />• Work with U of M or others on BR&E research program <br />• On-going site visits <br />• Continue collaboration with HBA <br />• Continue participation in events. (groundbreaking, ribbon -cutting <br />ceremonies) <br />2. Continue working on downtown redevelopment projects <br />• Certify the TIF District <br />• Partner on initial project to begin in 2008 <br />• Coordinate public infrastructure <br />o Stormwater management planning & funding <br />o Traffic improvements (signals, Hwy 61) <br />o Trail and sidewalk improvements <br />