HomeMy WebLinkAbout03 27 2014 EDAC rept 3a
4646 Dakota Street SE
Prior Lake, MN 55372
ECONOMIC DEVELOPMENT ADVISORY COMMITTEE REPORT
MEETING DATE: March 27, 2014
AGENDA #: 3.a.
PREPARED BY: Casey McCabe, Community Development Specialist
AGENDA ITEM: BUSINESS & INDUSTRY FORUM ACTION ITEM DISCUSSION
DISCUSSION: Introduction
During the February 27, 2014 meeting, committee members recommended city staff revise a few of
the Business & Industry Forum action items. The purpose of the revisions are to clearly define the
action that will be taken by the EDAC.
History
On April 25, 2013, the Economic Development Advisory Committee (EDAC) hosted the 2013 Prior
Lake Business & Industry Forum. The primary purpose of the event was to provide an open forum for
business leaders, property owners, developers and local elected and appointed officials to gather and
discuss concerns or issues facing Prior Lake businesses as well as promote the positive steps taken
by the EDAC and the City of Prior Lake to address concerns and issues identified by the public during
previous events.
The EDAC developed a list of ten EDAC action items to address many of the business owner and
resident comments and suggestions. The initial EDAC response and action items have been added to
the EDAC page of the City website and a link has been provided to all meeting attendants.
Current Circumstances
Below is a list of the previously approved EDAC action items which were developed after comments
were received at the 2013 Business & Industry Forum. Proposed revisions are shown.
Continue to support Community & Economic Development staff, City Council and Economic De-
velopment Authority (EDA) with program guideline and policy updates and development related
to financing or incentive programs.
If there is interest in a façade restoration program south of CR21, the EDAC will work
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with City staff and the EDA to evaluate funding options.
REVISED GOAL
mary goals, which is the development of a unified plan to create enough jobs in Scott County by
2030 to accommodate 50 percent of the Scott County Labor Force. This will be accomplished by:
Work with existing businesses to assist with growth and expansion plans.
Maintaining quality infrastructure and transportation systems.
Ensure adequate land opportunities to serve new and expanding businesses.
Continue to work to eliminate the perception the City is difficult to work with. This will be accom-
plished by working with staff to ensure business owners, developers and residents receive cour-
teous and respectful assistance and prompt up-front information related to their project as well as
continued communication throughout the project.
Update outdated community marketing and promotional materials.
PREVIOUS TWO GOALS COMBINED, REVISED GOAL Work with the Prior Lake Downtown Busi-
ness Association and Prior Lake Chamber to increase customer traffic and provide adequate customer
parking and promote local spending.
Work with the Prior Lake Traffic & Safety Committee to evaluate a crosswalk sign and/or other
interim safety improvements at the Main Avenue/CR21 intersection.
Work with the Prior Lake Traffic & Safety Committee and the Prior Lake Downtown Business
Association to evaluate the possibility of restricting parking in the public parking lot near the Rock
Creek building to 2/4 hours. Potential impacts of bus riders and employees filling up parking
spaces along Main Avenue and other locations in lieu of the Rock Creek parking lot will also be
evaluated.
Evaluate possible enhancements to the Prior Lake monument sign at the intersection of CR42
and Hwy 13.
Conclusion
The EDAC should discuss these action items and provide additional direction to staff related to revi-
sions.
ISSUES: The committee should continue to provide updates of the Business & Industry Forum action items on
the EDAC page of the City website.
FINANCIAL Some issues may need to have financial resources included as part of the solution or as part of further
IMPACT: analysis.
ALTERNATIVES: 1.Motion and Second approving the revised Business & Industry Forum action items, subject to
additional revisions approved by the majority of the EDAC.
2.Provide direction to staff and continue discussion during a future meeting.
RECOMMENDED Alternative No. 1.
MOTION:
2