EDSR INFORMATION 12-12-2011 - Laserfiche WebLink

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Economic development website Outlined as a priority in the brand plan, staff is working with several web designers to obtain quotes for a new website. This is an item which has been approved in the 2012 budget. Staff anticipates the website to be complete mid-2012. Greater MSP Greater MSP is a private-public partnership funded by business, institutions, and government, whose mission is to stimulate economic growth and prosperity, and higher quality of life for citizens in the Metropolitan region. Its primary role is to be a value-added resource to all economic development organizations and activities in the region. In addition, Greater MSP hopes to better coordinate the activities of the region's economic development partners by providing vision, strategy, resources, and staff support to link state and local governments and organizations involved with job creation, marketing, recruitment and retention. Staff and EDA Commissioners Ron Touchette and Pat Dwyer attended an information roundtable with Greater MSP to educate the organization about Elk River, its attractions and resources. Since then, a prospective business lead has been provided to Elk River. No more information is available at this time. Staff will continue to work with Greater MSP on business recruitment. Recent Inquiries/Prospects Most prospects through the MNCAR system have been focused on searches fox existing buildings, including restaurants, rather than new construction. Staff has been working with Sherburne County, Elk River Municipal Utilities and GreaterMSP to market acounty-owned piece of property for a future data center. Staff is following up with a few inquiries from the MNCAR Expo interested in the new SAC/WAC payment program fox full service restaurants. 716 & 720 Main Street In October of 2011, the HRA authorized moving forward with the demolition process for these buildings because of their structural condition. Staff is working with Randy Schumacher from the Schumacher Group on management of this project. A mandatory walk through fox all bidders was held late November, and bid opening took place on December 6`". There is asbestos present in both buildings; because of this, there are notices which need to be provided to applicable agencies which extends the anticipated timeline. It is anticipated a minimum the asbestos removal will take a minimum of three days, and demo and backfill will take approximately three to four days. The project will be executed from the north side of the buildings in the parking lot; staff anticipates only a portion of the parking lot to be closed. Staff will work closely with downtown businesses to ensure this information is communicated. The HRA will be considering a demolition contract at their December 12`h special meeting. Per approval, staff will be moving forward with the process. The buildings are anticipated to come down sometime during the last week in December/first week of January. A verbal update regarding the HRA action will be provided at the EDA meeting. N:ADepartmrntsVCommunity DevelopmentA4;conomic DevelopmentAIiDA tr~ mweAAgendaAYcav2U7 7\f?xeeutive Direetoc mport 12 12-1l.doc