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HomeMy WebLinkAboutEDA PACKET 12.19.23If you need accommodations for the EDA meeting please contact Rachel Juba at (651) 762-6304 or rjuba@ci.hugo.mn.us, thank you. Agenda ECONOMIC DEVELOPMENT AUTHORITY (EDA) Tuesday, December 19, 2023 Hugo City Hall 5:30 PM 5:30 pm 1. Call to Order 5:31 pm 2. Roll Call (Arcand, Chrun, Denaway, Klein, Puleo, Weidt) 5:32 pm 3. Approval of Minutes EDA Meeting of November 21, 2023 5:35 pm 4. 2024 Goal Setting 6:30 pm 5. Adjournment If you need accommodations for the EDA meeting please contact Rachel Juba at (651) 762-6304 or rjuba@ci.hugo.mn.us, thank you. Background memo for the EDA Meeting of Tuesday, December 19, 2023 3. Approval of Minutes Staff recommends approval of the minutes from the November 21, 2023 meeting as presented. 4. 2024 Goal Setting Staff will present the annual building and economic development report to the EDA. Included in the packet are the EDA goals from 2023. Staff recommends the EDA set goals for 2024 that will be forwarded to the City Council for their 2024 goal setting workshop in January. 2023 Goals Economic Development Authority (EDA) •Stay informed of the Highway 61 Visioning Study with Washington County •Discuss and encourage small area planning in the area of 165th Street and Highway 61 •Evaluate commericaly zoned property in regards to uses, including residential. •Assist and encourage redevelopment and beautification of properties in downtown Development and Downtown Redevelopment •Continue low development costs •Continue business visits and the BR&E Program •Provide resource lists for business •Promote Washington County CDA grant and Open to Business Program Maintain a Business Friendly Environment •Continue memberships of economic development associations •Encourage businesses to identify themselves as being located in Hugo •Attend Technology Corridor (I35E) meetings •Continue to encourage and monitor infrastructure improvements to promote economic development Marketing / Promotion of the City •Continue partnering with local businesses and the HBA •Continue to partner with Washington County on its Economic Development Strategic Plan •Meet with property owners with property for sale to see if there is any way the City can help Partnerships