03-12-1990 EDA MIN - Laserfiche WebLink

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Economic Development Authority Minutes March 12, 1990 Page 3 e Mr. Fursman indicated that he received approximately 20 serious contacts from industries desiring to locate in Elk River. Of these 20, approximately 18 wanted existing space which currently is very limited. In this regard, Elk River is similar to many communities that are trying to attract industries, but does not have vacant building space available. Discussion took place on the business Retention Survey and the 1990 Star City work plan. The proposed work plan, as presented by the staff, was reviewed in detail by the Authority. COMMISSIONER KROPUENSKE MOVED TO ADOPT RESOLUTION 90-3, A RESOLUTION APPROVING 1990 STAR CITY ECONOMIC DEVELOPMENT ONE YEAR AND FIVE YEAR WORK PLANS. COMMISSIONER HOLMGREN SECONDED THE MOTION. THE MOTION CARRIED 5-0. At this time the EDA thanked Mr. Fursman for his annual report and his continuous efforts to help the City achieve its economic development goals. e Economic Development Consultant, Mike Mulrooney, discussed with the EDA an economic development marketing strategy for Elk River in 1990. Mr. Mulrooney distributed a handout to the EDA dated 3/2/90. Mr. Mulrooney briefly reviewed this handout with the EDA and indicated that the EDA would be hearing a great deal more about marketing strategies and efforts in the next few months. It was stated that a major goal for the EDA and for the staff is to get better organized in our attempts to attract industries to Elk River and to start developing an overall marketing plan in 1990. The plan could be implemented in 1990 in order to promote what the community has to offer at this time along with promoting what the community hopes to have available in the future for industrial and commercial economic development opportunities. A future meeting was mentioned for further examination of the marketing concept. Executi ve Director Klaers stated that it would be appropriate for the EDA to establish a regular monthly meeting date, time, and place in order to spend time developing the City marketing program and in order help facilitate better communication between the members and the staff. COMMISSIONER DWYER MOVED TO ESTABLISH THE SECOND MONDAY OF EVERY MONTH AS THE REGULAR EDA MEETING DATE AND THAT THE MEETINGS WILL BEGIN AT 7:00 P.M. AT THE ELK RIVER CITY HALL CONFERENCE ROOM. COMMISSIONER GONGOLL SECONDED THE MOTION. THE MOTION CARRIED 5-0. 5. Other Business e Treasurer Schuldt requested that the staff provide an update to the EDA on the Wednesday afternoon meeting (3/7/90) that was held with Mr. Elmer Anderson, Representatives of Security Financial, and