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<br /> <br />Goals Progress Update – April 2021 <br /> <br />Short-term (2020-21) <br /> Commercial Development <br />o HRA Main/Gates Project <br /> Property ready for development <br /> Preparing RFP <br />o Ebert Joplin/Business Ave Project <br /> Ebert sold to Beaudry. <br />o Market EDA TH10 Property <br /> Multiple inquiries – discuss expectation? <br />o Monitor Downtown development <br /> Negotiating with ER Meats <br /> Considered Ecology <br /> HRA <br /> Great River Energy revenue replacement <br />o Monitor GRE property marketing. <br /> Site restoration in process <br /> Doesn’t look like they are selling plant area. <br /> October 2020 sale of Resource Processing facility to Malark, Inc. <br /> Is replacement necessary? Citywide valuation increased 7% <br /> Withdrew added powerplant plan. <br /> Budget and sinking fund for building repair. <br />o Transition PW Facility bond to general levy <br /> Ongoing <br /> CARES Act removed large capital improvements. <br /> Sale of Activity Center removes capital needs. <br /> Demo of Lions Park Center removes capital needs. <br /> ER Ice Arena replacement removes capital needs. <br /> PS improvements removes capital needs. <br /> Closure of RDF Plant accelerated tipping fees. <br />o Move GRE Fund Balance to Building Fund <br /> Do we want this in other funds? Park Improvement, Capital Replacement? <br /> Parks & Recreation Capital Plan – Funding <br />o LOST-funded projects <br />o Field/facility user fees shift. <br /> Activity Center Facility future <br />13065 Orono Parkway <br />Elk River, MN 55330 Phone: <br />763.635.1000 <br /> <br /> <br /> <br />www.ElkRiverMN.gov <br /> <br />