HomeMy WebLinkAboutEDA PACKET 12.17.19AGENDA
CITY OF HUGO
ECONOMIC DEVELOPMENT AUTHORITY
TUESDAY, DECEMBER 17, 2019
5:30 PM
6:00 pm 1. Call to Order
6:01 pm 2. Roll Call (Denaway, Gallivan, Houle, Klein, Petty, Puleo, Weidt)
6:02 pm 3. Approval of Minutes
• EDA Meeting of October 15, 2019
6:03 pm 4. Review 2019 Goals and set 2020 Goals
6:45 pm 5. Update on Downtown Redevelopment
7:00 pm 6. Adjournment
BACKGROUND MEMO FOR THE EDA MEETING OF
TUESDAY, DECEMBER 17, 2019
3. APPROVAL OF MINUTES
Staff recommends approval of the minutes from the October 15, 2019 EDA meeting as presented.
4. REVIEW 2019 GOALS AND SET 2020 GOALS
Enclosed are the 2019 EDA goals. Staff will provide an overview of the commercial and industrial activity
throughout the year. The EDA will be able to review the past year and discuss and create goals for 2020.
5. UPDATE ON DOWNTOWN REDEVELOPMENT
Staff will provide an update on downtown redevelopment at the meeting.
MINUTES FOR THE EDA MEETING OF OCTOBER 15, 2019
Weidt called the meeting to order at 6:04 pm.
PRESENT: Denaway, Gallivan, Houle, Klein, Petty, Puleo, Weidt.
ABSENT: None.
STAFF: Bryan Bear, City Administrator
Rachel Juba, Community Development Director
Emily Weber, Community Development Assistant
APPROVAL OF MINUTES FOR THE EDA MEETING OF AUGUST 20, 2019
Klein made a motion, Petty seconded, to approve minutes for the EDA meeting of August 20, 2019.
All Ayes. Motion carried.
TONY HARMENING, CATTLE HOUSE CONCEPT PLAN
Juba provided background on the concept plan presented by Tony Harmening at the August 20, 2019
EDA meeting. Staff has been working with Harmening over the last few months and have been
discussing the downtown plan and design guidelines, as well as the City owned property development
criteria, with him. Harmening came forward to further discuss his concept plan with the EDA. Harmening
presented the demographics of the area and noted the need for a restaurant in Hugo's community.
Harmening also presented a work plan with estimated gross and net revenues of the restaurant. The
revenue from the restaurant will be used to build the future event center.
It is in staff's opinion that the concept plan is a good match for meeting the development criteria. Staff
is recommending that the EDA provide direction for staff to start negotiating a purchase agreement with
Tony Harmening.
The EDA continued to discuss the concept plan and the purchase agreement. The EDA gave staff
direction to draft a purchase agreement with contingencies on the length of the agreement being 120
days, adopting the downtown design guidelines as development criteria for the property, and
implementing a timeline on additional phases of development
Klein made a motion to recommend moving forward with drafting a purchase agreement for the City
owned property along Egg Lake to be approved by the City Council. Seconded by Denaway.
All ayes. Motion Carried.
UPDATE ON DOWNTOWN REDEVELOPMENT
Juba provided an update on downtown redevelopment and stated that the O'Reilly Auto Parts opened in
September.
DISCUSSION ON EDA MEETING TIME
Weidt suggested the time of the EDA meetings to be changed to 5:30 pm. The rest of the EDA agreed
with the change in time.
ADJOURNMENT
Commissioner Klein made a motion, seconded by Commissioner Puleo, to adjourn at 6:40 pm.
All ayes. Motion carried.
Respectfully submitted.
Emily Weber, Community Development Assistant
2019 Goals
Economic Development Authority (EDA)
-Continue strategic plan to market the City owned property in downtown
• Reach out to commercial real estate brokers to promote redevelpoment
of the Egg Lake Property
-Assist and encourage redevelopment of other properties in downtown
• Continue low development costs
-Continue business visits
• Review resource lists for business
• Encourage the extension of high speed internet through -out the City
-Continue memberships of economic devleopment associations
-Encourage moving forward with installing City entrance monument signs
• Encourage businesses to identify themselves as being located in Hugo
-Attend Technology Corridor (I35E) meetings
• Review and implement the work plan
-Continue partnering with local businesses
-Continue to partner with Washington County on its Economic
Development Strategic Plan
•Invite Economic Development experts to EDA meetings for education and
training on certain topics
-Meet with property owners with property for sale to see if there is any way
the City can help