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Request for Action <br /> Cir•ci <br /> Elk - <br /> River= <br /> To Item Number <br /> Economic Development Authority 7.2 <br /> Agenda Section Meeting Date Prepared by <br /> General Business February 22, 2022 Brent O'Neil, Economic Development Director <br /> Item Description Reviewed by <br /> EDA Properties Cal Portner, City Administrator <br /> Reviewed by <br /> Action Requested <br /> Item presented for information and discussion purposes. <br /> Background/Discussion <br /> Ryan Hardin of Hardin Companies has provided an email update on the listing status of EDA properties,which is <br /> summarized below. Periodically Mr. Hardin will provide updates to the board on the status of the listings. <br /> Since entering into the representation agreement in January,the properties have been posted the with the relevant <br /> listing services and marketing materials have been developed. New signage for the sites has been ordered and is <br /> expected to be installed soon. The Hardin team has been setting up direct marketing emails to go out to their <br /> contact list,MNCAR brokers and for direct follow-up phone calls. They have also been in discussion with their <br /> frequent development resources. <br /> Mr. Hardin is looking for additional feedback regarding the sites and a separate work session has been scheduled to <br /> go through those items. <br /> Financial Impact <br /> N/A <br /> Mission/Policy/Goal <br /> Support Elk River's existing businesses through relationship building,programmatic offerings, and high-quality city <br /> services. Attract new business development to Elk River to build the City's economic vibrancy, job offerings and <br /> tax base. <br /> Attachments <br /> ■ Marketing Materials Packet <br /> The Elk River Vision P I I E R E I I Y <br /> A welcoming community avith revolutionary and spirited resourcefulness, exceptional [NAfUR <br /> service, and community engagement that encourages and inspires prosperity. Updated.August 2020 <br />