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6.3 EDSR 08-15-2016
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6.3 EDSR 08-15-2016
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8/12/2016 8:45:44 AM
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City Government
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8/15/2016
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">LIs.. <br /> tik <br /> Request for Action <br /> River <br /> To Item Number <br /> Economic Development Authority 6.3 <br /> Agenda Section Meeting Date Prepared by <br /> General Business August 15,2016 Amanda Othoudt, EDD <br /> Item Description Reviewed by <br /> Director's Report Cal Portner, City Administrator <br /> Reviewed by <br /> Action Requested <br /> Information presented for discussion only in effort to keep the EDA updated development activity. <br /> Background/Discussion <br /> BUSINESS VISITS <br /> Anytime Fitness—Business Visit <br /> Amanda, Colleen,BrieAnna Simon and Debbi Rydberg met with Jennifer Mueller, owner of Anytime <br /> Fitness and Cayl Hendricks, head personal trainer. They opened their Evans Street location in 2014 and <br /> employ three people. Jennifer had several questions related to the temporary sign ordinance. BriAnna <br /> was able to answer Jennifer's questions. <br /> MISCELLANEOUS <br /> Project Tracking Spreadsheet • <br /> At the July 18 meeting, the commission members directed staff to review the project tracking spreadsheet <br /> annually. Attached is the updated project tracking spreadsheet for 2016 highlighting job retention and <br /> creation, estimated building values,annual taxes, city incentives, and private capital investment. <br /> Blue Egg Bakery Closing <br /> In light of the recent news that Blue Egg Bakery is closing, I have received several inquiries about the <br /> purchase of the buildings and business and met with Tom Willett from the Small Business Development <br /> Center (SBDC) regarding a potential buyer. His client has inquired whether or not the EDA loan was <br /> assumable to a new owner. The loan documents state that with permission from the EDA, the loan may <br /> be assumable. <br /> Spectrum Running Track <br /> Spectrum Schools inquired about utilizing vacant property located at 17610 Tyler Street for a running <br /> track for the fall cross country team. Rick Peterson of Spectrum High School asked staff to postpone <br /> discussion regarding the track for a later date. <br /> Die Concepts, Inc. <br /> Die Concepts, Inc. continues to make progress on redeveloping the property located on Line Avenue. <br /> Updated photos are attached. After a few minor setbacks, they are scheduled to be open for business <br /> November 1,2016. <br /> FhIEREU ® r <br /> NATURE <br />
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