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HomeMy WebLinkAbout10 21 2013 EDA Report 8B 4646 Dakota Street SE Prior Lake, MN 55372 ECONOMIC DEVELOPMENT AUTHORITY AGENDA REPORT MEETING DATE: October 21, 2013 AGENDA #: 8B PREPARED BY: Casey McCabe, Community Development Specialist AGENDA ITEM: MARKETING MATERIAL FOR PRIOR LAKE DISCUSSION: Introduction The purpose of this agenda item is to review previous City of Prior Lake mar- keting materials and provide direction to city staff and the EDAC related to a new community marketing packet. History Attached to this report is the current City of Prior Lake marketing materials produced by city staff with the assistance of the EDAC. The EDAC reviewed the current City of Prior Lake marketing packet during the August and Sep- tember 2013 meetings and agreed the information is out of date and the doc- ument is in need of updating. Current Circumstances In addition to reviewing the current marketing materials, the EDAC has re- viewed marketing materials produced by other communities, and First Stop Shop which will be available for review at the EDA meeting. The EDAC feels not only should the information in the document be updated but the entire document should be improved to reflect the image of Prior Lake as a profes- sional organization committed to high quality development. Conclusion City staff and the EDAC would like the EDA to 1) allocate funding for the printing costs of this document and 2) provide direction related to the content, style and overall theme of the marketing material. The EDAC has discussed content, which will include, among other topics: general community infor- mation, transportation network, community profile, recreational opportunities, economic development incentives, tax rates, bond rating, etc. Community marketing materials will available on the City website as well as be sent to regional brokers and developers and used when responding to requests for site information. ISSUES: The First Stop Shop has prepared a marketing document. We would like our document to dovetail with that piece as well. The EDAC has asked for EDA direction related to content style and overall theme of the marketing material. The final draft document will be presented to the EDA for review and approval prior to printing. FINANCIAL Printing costs will vary depending on the type, number and size of the docu- IMPACT: ment; staff is estimating a printing cost of $1,500 to $2,000 plus city staff time devoted to the project. ALTERNATIVES: 1. Motion and second directing city staff and the EDAC to prepare a draft Prior Lake marketing packet for EDA review and authorizing the use of up to $2,000 from the Professional Services Fund of the EDA 2013 budget for printing costs. 2. Take no action and continue discussion at a future meeting. RECOMMENDED Alternative No. 1. MOTION: ATTACHMENT: 1. Current Marketing Packet: Welcome to Prior Lake; A Wonderful Place to Call Home 2