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Item 7 <br /> City of <br /> River <br /> MEMORANDUM <br /> TO: Economic Development Authority <br /> FROM: Stephen Rohlf, Building & Environmental Administrator <br /> DATE: December 13, 2004 <br /> SUBJECT: Joint Meeting with Heritage Preservation Commission and HRA <br /> Background <br /> There are certain areas in Elk River that do have local historic significance. The Heritage <br /> Preservation Commission has been discussing the potential of encouraging the designation <br /> of historic districts in these areas to restore or preserve their integrity. The logical place to <br /> start is certain area of the downtown. <br /> . Issue <br /> The HPC's would like to discuss the issue of establishing a historic district(s) in the <br /> downtown to make sure their efforts don't conflict with the HRA's plans for the area. In <br /> addition, the HPC would like to discuss potential financial mechanisms with the EDA that <br /> could be used as incentives for restoring and rehabilitating buildings in a historic district. <br /> The HPC's next step would be to talk to the Rivers Edge Downtown Business Association <br /> for their support. <br /> Recommendation <br /> Staff recommends that the EDA consider a joint meeting with the HPC and HRA to be held <br /> during the next Regular EDA meeting on Monday,January 10, 2005. The purpose of the <br /> meeting is to discuss a possible project to engage downtown businesses in restoring and <br /> rehabilitating their buildings with financial incentives. <br />