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8.2. EDSR 01-19-2021
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8.2. EDSR 01-19-2021
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1/20/2021 8:53:02 AM
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City Government
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1/19/2021
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- - J <br />0 <br />INQUIRIES: <br />Staff replied to 25 inquiries from various sources that ranged from GreaterMSP, DEED, MNCAR, MMPA, Site <br />Selector Guild, GRE etc. Seven inquiries turned into projects or are still underway —which included Distinctive <br />Iron, Patriot Converting, Shoot Steel, the GRE sorting facility, and Riverwalk Apartments. <br />ORONO PARK LAND SWAP: <br />The EDA approved a deed transferring ownership of parcels within the Orono Park Plat from the Economic <br />Development Authority to the City of Elk River, to facilitate the repla.ting of multiple parcels to create a single lot <br />for Orono Park. The EDA own the parcels that include City Hall, the Public Safety Building, and the parcel with <br />the pavilion on the south side of Orono Beach. Ownership of the parcels was transferred from the city to the <br />EDA to allow the issuance of EDA Lease Levy bonds to build City Hall in 1991. The bonds have since been paid <br />off and the EDA is no longer required to maintain ownership of the lots. <br />MARKETING/ADVERTISING/SPONSORSHIPS: <br />Elk River continued to sponsor Elk River Extreme Motor Park, the EDAM winter and summer conferences, the <br />Elk River Chamber Golf Tournament, and the Industrial Real Estate Journal Summits. <br />Overall, our marketing efforts reached over 354,650 subscribers for unprecedented cost per impression of just <br />eight cents. <br />The EDA available lot sell sheets were all updated using the newest EDA logo. And the EDA website went un- <br />der a major revamp. The website includes drone video footage showcasing Elk River on it's home page. The new <br />website consolidated the business toolbox, included a rendering of the EDA's 12 acre lot on Tyler Street, added a <br />page which highlights the various Powered by our Business video collage, and incorporated several of Elk River <br />amenities. <br />X <br />. Vol <br />Q� <br />r <br />City of <br />Elk <br />River <br />IV Wit � FW <br />WIN"City of Elk River <br />Economic Development Authority <br />
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