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ITEM # 5. <br />City of <br />El <br />fiver <br />MEMORANDUM <br />TO: Housing & Redevelopment Authority ~j <br />FROM: Heidi Steinmetz, Assistant Director of Economic Development J <br />DATE: August 6, 2007 <br />SUBJECT: Downtown Revitalization Project Update <br />Attachments <br />• River's Edge Minutes, May June 2007 <br />• River's Edge Agenda, August 8, 2007 <br />Jackson Place <br />The construction fence is anticipated to be removed in late September to be followed by street <br />restoration work. <br />The Bluffs of Elk River <br />Community Development Director Scott Clark will provide a verbal update at the HRA meeting. <br />Downtown Parking Study <br />On May 14, 2007, the City Council authorized Carl Walker, Inc. to conduct a downtown parking <br />study. Carl Walker, Inc. recently completed the parking supply/demand portion of the study, which <br />is the first of the following three phases to be completed: <br />Phase 1 -Existing & Future Parking Conditions <br />Phase 2 -Parking Management & Conceptual Design Alternatives <br />Phase 3 -Final Report & Presentation of Study Findings <br />Carl Walker, Inc. is proceeding with Phase 2. It is anticipated that Phase 2 will be completed by the <br />end of August. Staff is anticipating that a presentation of the final report and study findings will <br />occur in September. <br />River's Edge Downtown Business Association Street Dance Update <br />In June, the HRA authorized $2,000 be used toward the August 18`" River's Edge street dance. Fred <br />McCoy of McCoy's Pub is working with the City Clerk's office on necessary applications that need <br />to be submitted for the event, including the street closure request, which will be considered by the <br />City Council on August 13`" <br />