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EDA Agenda Memo Page 3 <br /> August 8, 1994 <br /> • Following a lengthy discussion on this topic at the EDA July meeting,this <br /> matter was included as an August 8th workshop item. The City <br /> Administrator and Finance Director have been invited to participate as <br /> some discussion may center around potential City funds available for CBD <br /> redevelopment activities. Other persons invited to the workshop include: <br /> HRA Commissioners, representatives of the Downtown Development <br /> Corporation, and the Chair of the Comp Plan Steering Committee. <br /> Included in the agenda packet is a recent article from the Red Wing <br /> Republican Eagle regarding Red Wing's effort to create a vibrant <br /> downtown. The article eludes to a proposed Target store in Red Wing's <br /> CBD. The proposed budget for this budget (that is, site acquisition, <br /> demolition, business relocation, etc.) was estimated at $12.3 million. In <br /> late July,the Port Authority, citing high costs,voted down the project. <br /> (B) Utilities Commission Workshop/Business Park Activities <br /> This item is covered in greater detail in an outline that is included in the <br /> agenda packet. <br /> • <br /> eda:8-8memo <br />