2014.04.08 EDA Agenda Packet - Laserfiche WebLink

Home

BACKGROUND MEMO FOR THE EDA MEETING OF TUESDAY, APRIL 8, 2014 3. APPROVAL OF MINUTES Staff recommends approval of the minutes from the March 11, 2014, EDA meetings as presented. 4. DISCUSSION ON METROPOLITAN COUNCIL SAC DEFERRAL PROGRAM The Met Council has a new program to allow deferral of the Met Council SAC (sewer area connection) fees for eligible businesses. Cities can participate by completing an application and entering into an agreement. The program allows deferral of up to 80% of the SAC due for the wastewater demand created by the business, up to a 10 year period. Staff will present the details and examples of the program to the EDA at the meeting. 5. UPDATE ON WASHINGTON COUNTY ECONOMIC DEVELOPMENT STATEGIC PLAN At its March 18, 2014, meeting the Washington County Board of Commissioners reviewed and considered the strategic plan. The Board made a few minor revisions at the meeting. Prior to the Board formally approving the plan, they are asking for comments from communities on the plan. Staff recommends the EDA provide staff with comments on the plan to forward to Washington County. 6. UPDATE ON CDBG FUNDING FOR 2014 The Community Development Block Grant (CDBG) are federal funds that are administered through the Washington County HRA. Staff will provide an update to the EDA on the projects in Hugo that were recommended to be funded in 2014. 7. UPDATE ON REALTOR CONTRACT At its July 15, 2013 meeting, the City Council authorized the EDA to send out RFQ's for commercial realtors to market the City owned properties on Highway 61. In late August the RFQ's were sent out for proposals. The EDA received four proposals and, after evaluation, chose to interview two commercial realtor teams. After conducting the interviews at its February 11, 2014 meeting, the EDA recommended High Pointe Realty and Wakota Commercial Advisors as the realtors to market the City owned property in downtown. The contract with the realtors is on the April 7, 2014, City Council agenda for approval. Staff will provide an update to the EDA at the meeting. 8. UPDATE ON DOWNTOWN REDEVELOPMENT Staff will update the EDA on the progress of downtown redevelopment.