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Cay <br /> Elk REQUEST FOR ACTION <br /> River <br /> TO ITEM NUMBER <br /> Housing Redevelopment Authority INFORMATION <br /> AGENDA SECTION MEETING DATE PREPARED BY <br /> November 5, 2012 Annie Deckert, Director of Economic <br /> Development <br /> ITEM DESCRIPTION REVIEWED By <br /> Downtown River's Edge Business Update Cal Portner, City Administrator <br /> REVIEWED BY <br /> ACTION REQUESTED <br /> None. <br /> BACKGROUND/DISCUSSION <br /> Staff attends the monthly Downtown River's Edge Business Association meetings to maintain our <br /> relationship with the downtown businesses. The purpose of this memo is to provide the HRA with <br /> updates regarding the downtown businesses. <br /> Sweet P's Candies and Ice Cream <br /> Recently began serving coffee, cappuccino,hot cocoa, donuts and cookies in efforts increase business as <br /> we move into the colder season. Sweet P's is located at 707 Main Street and now will open daily at 8 a.m. <br /> Granite Shores <br /> Staff worked with HRA attorney Jenny Bolton from Kennedy and Graven to determine SAC and WAC <br /> fees for Granite Shores as outlined in the TIF agreement. It was determined that upon development, the <br /> developer pre-paid one SAC/WAC unit for every 3,000 square feet of commercial space. Therefore, <br /> there is one unit credited to the total fee for every 3,000 square feet. Conversations with Building Official <br /> Bob Ruprecht indicated that office uses would most likely not have to pay additional charges; an <br /> advantage to marketing the available commercial space of Granite Shores. This information was <br /> communicated with all parties. <br /> Ella's <br /> In late August, Ella's, a locally owned shop featuring antiques,vintage collectibles and Shabby Chic <br /> opened at 825 Main Street (formerly Uniquely Yours). Ella's is an occasional store open Tuesday through <br /> Thursday the 2nd and 4th week of each month from 10 a.m.-6 p.m. For more information,visit Ella's blog <br /> at www.shopatellas.blogspot.com/. <br /> Ella's celebrated their grand opening on November 2nd and 3rd with refreshments and drawings for prizes <br /> for those who brought donations of hats, scarves or mittens for CAER. <br /> Halloween Downtown <br /> The Downtown River's Edge Business Association, Elk River Parks &Recreation Department and <br /> Economic Development Department partnered to host the annual downtown Trick-or-Treating event on <br /> POWERED Br <br /> N:\Departments\Community Development\Economic Development\HRA to move\Agenda\Year2012\11-5-12 NATURE <br /> Agenda\Rivers Edge Update.docx <br />