Laserfiche WebLink
Elk Request for Action <br /> River <br /> To Item Number <br /> Economic Development Authori 7.3 <br /> Agenda Section Meeting Date Prepared by <br /> General Business June 15, 2020 Amanda Othoudt,ED Director <br /> Item Description Reviewed by <br /> Director Report Cal Portner, City Administrator <br /> Reviewed by <br /> Action Requested <br /> Information presented for discussion to keep the EDA updated on development activity. <br /> Background/Discussion <br /> BUSINESS VISITS <br /> We are working on conducting BR&E visits utilizing a combination of an online platform and in person visits <br /> beginning in June. <br /> MISCELLANEOUS <br /> DEED Bi-weekly Conference Calls <br /> Staff participates in weekly calls facilitated by DEED Commissioner Steve Grove which keep economic <br /> development professionals up to date on changes to federal and state loan programs and resources available to <br /> local businesses. <br /> EDA WEBSITE <br /> We have updated our website to include relevant COVID-19 updates and will update as new information <br /> becomes available. <br /> PUBLIC ART RFP <br /> The RFP was released, sent to artists groups and is available on our website. The registration deadline is June <br /> 17, 2020, and proposals are due June 19, 2020. To date,we have not received any proposals for public art. We <br /> will be pushing the RFP out to the artist groups again and following up with all our inquiries. <br /> EDA STRATEGIC PLAN UPDATE <br /> Following the EDA Strategic Plan work session on June 3, 2020, staff conducted an Elk River site tour with <br /> Stantec, Inc. Stantec is planning to hold our first round of focus groups on June 24. We are looking for <br /> stakeholders, representing the real estate and development community,downtown business community, and <br /> non-retail businesses. <br /> EDA COVID-19 SMALL BUSINESS EMERGENCY MICROLOAN PROGRAM <br /> To date,we have received 12 inquiries for the program, and 9 applications submitted. Staff reviewed the first <br /> round of applications and plans to hold a special meeting of the Joint Finance Committee to review all the <br /> applications and provide a recommendation to the EDA. A special meeting of the EDA will be held to take <br /> final action on the applications. <br /> The Elk River Vision <br /> A welcoming community with revolutionary and pirited resourcefulness,exceptional service,and community <br /> engagement that encourages and inspires prosperity P 0 w E H E D 0 Y <br /> ItAIAT_ IJR <br />