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7.1. EDSR 09-21-2020
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7.1. EDSR 09-21-2020
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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 /> <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 /> <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 /> <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 /> <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 /> <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 /> <br />Financial Impact <br />N/A <br /> <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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