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MINUTES FOR THE EDA MEETING OF JULY 9, 2012 <br />Klein called the meeting to order at 8:40 am. <br />PRESENT: Arcand, Bever, Granger, Klein, and Miron <br />ABSENT: Denaway & Puleo <br />STAFF: Bryan Bear, City Administrator <br />Rachel Juba, Planner <br />Liz Hanson, Community Development Intern <br />APPROVAL OF MINUTES FOR THE EDA MEETING OF JUNE 11, 2012 <br />Arcand made motion, Granger seconded, to approve minutes for the EDA meeting of <br />June 11, 2012 <br />All ayes. Motion carried. <br />UPDATE ON CARPENTER'S PROPERTY <br />Staff reported that Cathy Anderson had paid $45,000 to buy back her property. She has <br />redeemed ownership and is asking for $350,000 from the City to purchase it. This update <br />was brought to the City Council, and City Staff did not recommend to the City buy the <br />property. <br />Although Cathy has found the money to redeem her property, she still owes $100,000 in <br />back taxes. It is unclear if she will be able to pay these dues. <br />WASHINGTON COUNTY'S ROLE IN ECONOMIC DEVELOPMENT <br />Washington County is considering playing a bigger role in Hugo's Economic <br />Development. The County is discussing that they may assist with Economic <br />Development. The EDA thought that infrastructure development, including fiber-optic <br />lines, tax abatement policies, and a County Staff person would be ways the County could <br />help <br />Staff pointed out that potential buyers and businesses are interested in the Washington <br />County and Hugo area due to its decreasing tax rate. This will help showcase the area <br />and emphasize Hugo's business -friendly atmosphere. The EDA and City Staff want to <br />promote the City further to emphasize its business -friendly qualities. <br />DISCUSSION ON MARKETING <br />City Staff has been working on marketing Hugo more and highlighting its strengths to <br />encourage residents and businesses to locate in the City. Staff is working on organizing <br />the information in a clear and concise manner that can be handed out to people that are <br />unaware of the great qualities the City offers. <br />