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HomeMy WebLinkAbout12 16 2013 EDA Report 7A Attach1 Prior Lake EDA 2013 Accomplishments DRAFT: 2013 Accomplishments:  Established the City of Prior Lake Sewer and Water Fee Deferral Program  Formulated a list of Economic Development Financing Tools  Revised the Business Subsidies Policy & drafted a new Local Business Incentive Policy  Supported a successful first year of Technology Village  Encouraged completion of the cooperative fiber project with partners of the City, County and Integra  Supported the EDAC to complete business retention, business and industry forum, and a newsletter  Supported the County Highway 42 Corridor Land Use Study. FINAL: 2013 Accomplishments:  Improved the city’s framework for business subsidies: (1) developed a Sewer/Water Fee Deferral Program; (2) updated list of Economic Development Financing Tools; (3) revised the Business Subsidies Policy; and (4) created a Local Business Incentive Policy.  Created Phase I of Technology Village at City Hall, which now includes six business tenants.  Participated in the completion of cooperative fiber to businesses, with the City, County and Integra as partners.