HomeMy WebLinkAbout08 22 2013 EDAC rpt 3b
4646 Dakota Street SE
Prior Lake, MN 55372
ECONOMIC DEVELOPMENT ADVISORY COMMITTEE REPORT
MEETING DATE: August 22, 2013
AGENDA #: 3.b.
PREPARED BY: Casey McCabe, Community Development Specialist
AGENDA ITEM: BUSINESS RETENTION AND EXPANSION SURVEY STATUS
DISCUSSION: Introduction
The purpose of this agenda item is to see if there has been any progress on completing the remaining
Business Retention & Expansion (BR&E) surveys.
As part of its mission, the EDAC conducts face-to-face business retention and expansion (BR&E)
visits with local company officials. Through these visits the EDAC is able to identify challenges and
opportunities for businesses in our community. The results of the BR&E surveys should not only
collect important information but provide opportunities for EDAC and city staff members to follow-up
with expansion and development assistance.
History
Waterfront Passage, and
Welcome Avenue Industrial Park as the primary target area for BR&E surveys.
Current Circumstances
During the June 27 meeting, the EDAC reviewed a list of businesses in the BR&E survey target area
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who have not been contacted to complete a BR&E survey. EDAC members reviewed the list and
removed two businesses where a survey has been completed and two businesses which are no
longer operating in the target area.
EDAC members agreed that a face-to-face interview is important and decided to contact the remain-
ing businesses and give them an opportunity to complete a survey. Committee members in attend-
ance volunteered to contact individual businesses and an EDAC member was assigned to each of
the remaining businesses.
Conclusion
EDAC members suggested a status update of this agenda item be placed on the next agenda for
discussion and update.
ISSUES: The BR&E surveys are designed to gather important information which is used by the EDAC to pro-
vide suggestions and policy recommendations to the EDA and City staff.
FINANCIAL None.
IMPACT:
ALTERNATIVES: Update Only.
RECOMMENDED
MOTION: Update Only.
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