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5.0 EDSR 03-12-2007
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5.0 EDSR 03-12-2007
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12/16/2008 4:13:07 PM
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12/16/2008 4:13:07 PM
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City Government
type
EDSR
date
3/12/2007
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^ Industrial projects -Liberty Paper, Inc. (issued bonds) and a number of <br />smaller industrial projects. <br />^ Industrial Park -development of various phases, design standards. <br />^ Work with planning commission to review commercial development proposals <br />and redevelopment projects. Conducted planning studies for redevelopment <br />^ Member of "The Partnership" <br />Focus/goals <br />^ Continued work with prospects <br />^ Industrial park expansion, additional 30 acres <br />^ Ordered railroad study (engineering) <br />^ Other engineering studies for water and <br />industrial park <br />Bi_g Lake EDA <br />sewer for future expansion of <br />Major accomplishments <br />^ Developed and filled a 68-acre industrial park (jointly with Big Lake Township) <br />^ Redeveloped blighted residential area (9 homes on 10 lots); redeveloped as <br />townhome and single family residential project <br />^ Awarded funding from DEED/MHFA for scattered site residential properties <br />(approximately 10 properties) <br />^ Rehab of 25-35 housing units <br />^ Administer facade loan program ($10,000 maximum) <br />^ Administer revolving loan fund for industrial and commercial projects <br />^ Participate in MN Community Capital Fund <br />^ Acquired numerous properties on a key commercial block (anticipate <br />redevelopment); under discussions with developer <br />^ Bonded for public facilities (city hall, police and fire, public works facility and <br />liquor store) <br />Focus/goals <br />^ Possible industrial park expansion (negotiating with property owners) <br />^ Downtown redevelopment <br />^ Possible involvement in Transit Oriented Development <br />Elk River EDA <br />Major accomplishments <br />^ Developed Northstar Business Park <br />^ Cooperation with 3 privately initiated <br />Focus/goals <br />^ Industrial development <br />^ Incubator <br />^ Marketing <br />^ Commercial development <br />^ Transportation advocacy (Highways <br />industrial parks (TIF) <br />169 & 10) <br />11 <br />
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