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7.1. EDSR 06-15-2020
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7.1. EDSR 06-15-2020
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Realtor Day—Staff held Realtor Day on February 26, 2020. Nearly 50 realtors,brokers and developers <br /> attended this event. This was an opportunity for realtors,brokers, and developers to hear about new <br /> projects, development opportunities, and initiatives of the city. This has become an annual event in <br /> partnership with the St. Paul Area Association of Realtors. <br /> Developer Forums—Staff scheduled a developer forum on March 26, 2020, to educate local developers <br /> on the Main/Gates redevelopment project. The forum was postponed due to the COVID-19 pandemic. <br /> Similar types of developer forums have been held in the past educating the public on new development <br /> opportunities. <br /> Business Retention and Expansion (BR&E) visits conducted by staff from economic development, <br /> planning, environmental and engineering,ISD #728, EDA Commissioners, Council Members,and <br /> County Commissioners. It is at these meetings that we learn if a business is seeking to expand,which <br /> gives us an opportunity to educate owners on the process. <br /> Staff provides developers with an option to conduct a concept review with the City Council. This gives <br /> developers an opportunity to present their project to the Council and request feedback and direction on <br /> their project. <br /> Staff shares trend information,peer city policies,programs and ideas with the authorities and council <br /> from which the elected and appointed bodies develop their own goals,policies, and programs. In working <br /> with developers and businesses, staff administers the policies and programs to meet the elected and <br /> appointed official's goals. Staff does not have nor use their own set of goals to grow business. <br /> Most recently,the EDA established the #TogetherElkRiver campaign,which is a partnership with the <br /> EDA and the Elk River Area Chamber of Commerce. This marketing campaign was derived to assist <br /> small businesses during the COVID-19 pandemic. <br /> Financial Impact <br /> N/A <br /> Attachments <br /> ■ Chamber of Commerce Business Matrix Workplan <br /> ■ City of Elk River EDA Financial Policies <br /> ■ Sample policies from various municipalities <br />
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