HomeMy WebLinkAbout7A EDAC Annual ReportCITY COUNCIL AGENDA REPORT
MEETING DATE: FEBRUARY 7, 2011
AGENDA #: 7A
PREPARED BY: DANETTE M. PARR, COMMUNITY DEVELOPMENT & NATURAL
RESOURCES DIRECTOR
PRESENTER: DENO HOWARD, ECONOMIC DEVELOPMENT ADVISORY
COMMITTEE CHAIR
AGENDA ITEM: THE ECONOMIC DEVELOPMENT ADVISORY COMMITTEE (EDAC)
ANNUAL REPORT
Deno Howard, Chair of the EDAC will share with the Council how the
EDAC has proactively worked to support the City in economic development
initiatives through implementation of the following objectives:
1. The EDAC will have a presence at a minimum of two (2) civic
organization or business events this year.
2. The EDAC will have a presence at a minimum of two (2) community
events this year (Lakefront Days and Community Fall Fest on
September 20).
3. The EDAC will meet with at least four (4) existing City businesses
quarterly for retention purposes.
4. The EDAC will make contact with at least one (1) prospective business
per quarter.
5. The EDAC will update and finalize the marketing piece for prospective
businesses. The EDAC will review and comment about changes
proposed in the sign ordinance before the amendments are submitted
to the Planning Commission for public hearing.
6. The EDAC will review Business Subsidy Policy and make
recommendations regarding proposed changes.
7. The EDAC will conduct an annual meet and greet event for area
businesses.
8. The EDAC will review proposed revisions in EDA and EDAC bylaws.
The EDAC has also identified objectives for 2011 (attached). Chair Howard
will review them with the City Council. The council should provide
comments on the proposed objectives but it may be most appropriate for
the council to direct that the Prior Lake Economic Development Authority
consider and approve the 2011 objectives.
Frank Boyte4, Pity Manager
Economic Development Advisory Committee
2011 Objectives
January 28, 2011
DRAFT
Economic Development Advisory Committee 2011 Objectives
Adopted January 28, 2011 by the EDAC
1. The EDAC will have a presence at a minimum of two (2) civic organization or business events this year.
2. The EDAC will have a presence at a minimum of two (2) community events this year (Lakefront Days and
Community Fall Fest on September 19).
3. The EDAC will meet with at least four (4) existing City businesses quarterly for retention purposes.
4. The EDAC will make contact with at least one (1) prospective business per quarter.
5. The EDAC will update and finalize the marketing piece for prospective businesses.
6. The EDAC will review and comment about changes proposed in the sign ordinances /policies which impact
economic development before the amendments are submitted to the Planning Commission for public hearing.
7. The EDAC will review Business Subsidy Policy and make recommendations regarding proposed changes.
8. The EDAC will conduct an annual meet and greet event for area businesses.
9. The EDAC will review proposed revisions in the EDAC bylaws.
10. The EDAC will identify and provide educational information to the public, businesses and residents that
promote business.