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�J <br /> etyof <br /> ElkRequest for Action <br /> River <br /> To Item Number <br /> Housing and Redevelopment Authoritv 7.2 <br /> Agenda Section Meeting Date Prepared by <br /> General Business December 7, 2020 Colleen Eddy, Economic Development Specialist <br /> Item Description Reviewed by <br /> Main and Gates Redevelopment Update Cal Portner, City Administrator <br /> Reviewed by <br /> Action Requested <br /> Item presented for informational purposes. <br /> Background/Discussion <br /> Demolition of the five houses on Main Street and Gates Avenue is complete. Otting House Movers, Inc.,has <br /> moved both houses at 419 3rd Street and 406 Main Street. Veit has been contacted to remobilize and demo the <br /> two basements,which are projected to be completed by December 9, 2020. <br /> Staff sent the Main and Gates sell sheet to developers who RSVP'd to attend the in-person Developer Forum, <br /> now scheduled for March of 2020. Staff is also working with Communications on a sign installation on the <br /> corner of Main and Gates and the Star News is working on an article for the proposed redevelopment. <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 /> ■ N/A <br /> The Elk River Vision <br /> A Y�elcoming community nvith revolutionary and spirited resourcefulness, exceptional P U W E H E o s r <br /> service, and community engagement that encourages and inspires prosperity ,g /` UR <br />