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HomeMy WebLinkAbout[06h] Business Developement Update Date: May 19, 2015 Administrator Judy Weyrens Memo To: Members of the EDA City Administrator Weyrens Mayor Rick Schultz Memo From: Cynthia Smith-Strack - MDG, Inc. Councilors RE: Business Development Report Matt Killam Bob Loso Following are updates on Business Development Projects over the past month: Renee Symanietz Dale Wick Alley/Parking improvement –100 Block W Minnesota. Feasibility study is complete.I will be meeting with City Administrator and Engineer re: the study next week. EDA Doug Danielson st. TIF 2-3 (Bayou) and TIF 3-1 (CMCU) to be certified with the County by June 1 Larry Hosch Gary Osberg Sliced on College Ave project is underway. EDA assisted with BFA and loan from the Rick Schultz Revolving Loan Fund. Dale Wick We anticipate an initial meeting with distribution project representatives in June. The th Council approved distribution of the environment assessment worksheet at its May 18 meeting. Business visits with Sean Skahen at Sunset and Joe Leach at Bliss Direct conducted th. Good discussion. Two more are ready to meet in June pending EDA on May 20 Member’s availability. Follow up continues on several projects. 2016 budget process to be initiated in June. thth I will be on vacation on June 10and 17. Page 47 of 47 THIS PAGE INTENTIONALLY LEFT BLANK Page 2 of 47