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�J <br /> etyof <br /> ElkRequest for Action <br /> River <br /> To Item Number <br /> Housing and Redevelopment Authority =8.1 <br /> Agenda Section Meeting Date Prepared by <br /> Work Session November 2, 2020 Colleen Eddy, Economic Development Specialist <br /> Item Description Reviewed by <br /> Main and Gates Redevelopment Discussion Zack Carlton,Planning Manager <br /> Reviewed by <br /> Cal Portner, City Administrator <br /> Action Requested <br /> Provide staff direction that will guide the Main and Gates Redevelopment Project. <br /> Background/Discussion <br /> In March 2017, the HRA discussed establishing a Main and Gates Redevelopment Project in accordance with <br /> the Mississippi Connections Plan. Over the last three years, the HRA has acquired and demolished seven properties <br /> with one additional property potentially available for acquisition.As the redevelopment has taken shape over <br /> the last several months staff has received interest from a handful of developers. <br /> Staff is seeking direction from the HRA regarding their vision and goals for the Main and Gates <br /> Redevelopment Corridor.We will incorporate this feedback into future conversations with potential <br /> developers. <br /> Financial Impact <br /> N/A <br /> Mission/Policy/Goal <br /> The goal of the HRA is to improve existing housing stock by offering incentives or programs to repair and <br /> maintain residential properties. <br /> Attachments <br /> ■ Mississippi Connections Plan <br /> The Elk River Vision <br /> A n elcoming community n ith revolutionary and spirited resourcefulness, exceptional P U W E H E o s r <br /> service, and community engagement that encourages and inspires prosperity /` UR <br />