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HomeMy WebLinkAbout6 - Economic Dev. Committee Annual Report AGENDA NUMBER: PREPARED BY: SUBJECT: DATE: INTRODUCTION: BACKGROUND: DISCUSSION: CENSUS '90 . 6 KAY SCHMUDLACH, ASSISTANT CITY MANAGER PRESENTATION OF ECONOMIC DEVELOPMENT COMMITTEE 1989 ANNUAL REPORT AND 1990 WORK PROGRAM FEBRUARY 20, 1990 The Economic Development Committee (EDC) annually prepares a report to summarize the Committee's accom~lishments of the previous year. The EconomlC Development Committee also identifies and documents the goals of the Committee for the upcoming year. This agenda item has been prepared to present the 1989 Economic Development Committee Annual Report and 1990 Work Program. The Economic Development Committee met on January 17, 1990 to conduct their Annual Workshop. The Annual Workshop is the time set aside br Committee members to critique the activitles of the previous year and plan for the upcoming year's activities. The results of the work session were a healthy conversation on economic development in Prior Lake and the information contained in the attached documents. The Committee encourages the City Council to review the 1989 Annual Report and provide feedback on the accomplishments. The City council is also encouraged to review the 1990 Work Program and modifr the goals to reflect the city Council's priorlties. The 1989 Annual Report is a lengthy document reflecting the many accomplishments of the Committee. The Committee is proud of their accomplishments in 1989, especially in the area of marketing to outside development persons and the internal promotion of local businesses through programs such as the Business Appreciation Golf Tournament. A one page summarr has been provided to give, the city Councll a quick review of the 1989 Economic Development committee activities. The Committee has put together an aggressive 4629 Dakota 51. 5.E., Prior Lake, Minnesota 55372 / Ph. (612) 447-4230 / Fax (612) 447-4245 RECOMMENDATION: ACTION REQUIRED: and important Work Program for 1990. The attached 1990 Work Program identifies the goals and objectives of the full Committee and the two newly organized subcommittees. The City Council is encouraged to review and comment on the Economic Development Committee's 1989 Annual Report and 1990 Work Program. Committee Chairman Robert Barsness will be attending the February 20, 1990 city council meeting along with several other Committee members to review a summary of both documents and address any questions the City council may have. Motion accepting and/or modifying the 1989 Annual Report and 1990 Work Program would be in order. ECONOMIC DEVELOPMENT COMMITTEE 1990 WORK PROGRAM FEBRUARY 20, 1990 Submitted by: Robert Barsness, Chairman Darwin Fosse Rich Gross Dennis Hanson Dave Miller Darcy Running Jim Hill Rachel VanDenBoom Kay Schmud1ach, Staff Liaison David Unmacht, City Manager I. II. III. ECONOMIC DEVELOPMENT COMMITTEE 1990 WORK PROGRAM Summary of 1990 Full Committee and Subcommittee Work Proqram 1990 Economic Development Committee Goals and Ob;ectives A. Goal Identification Process B. Full Committee Goals c. Subcommittee Objectives Summary 1 2 7 II. ECONOMIC DEVELOPMENT COMMITTEE 1990 WORK PROGRAM SUMMARY FULL ECONOMIC DEVELOPMENT COMMITTEE PROMOTION/ MARKETING SUBCOMMITTEE Chair: Bob Barsness Chair: Dave Miller Members: Darwin Fosse Rich Gross Dennis Hanson Jim Hill Dave Miller Darcy Running David Unmacht Rachel VanDenBoom Members: Darwin Fosse Rich Gross Rachel VanDenBoom Subcommittee Tasks Subcommittee Tasks -Comprehensive Plan Review -Cottage Industry Outreach -Business Park Location Study -Policy Review & Establishment -Chamber Support -Star city Program -Marketing Program -Commercial Area Analysis 1 BUSINESS DEVELOPMENT SUBCOMMITTEE Chair: Darcy Running Members: Dennis Hanson Jim Hill Subcommittee Tasks -Revolving Loan Program -Business Retention Expan~ion -Scott County Economic Development Partnership II. 1990 EDC GOALS AND SUBCOMMITTEE TASKS The EDC met for a Workshop on January 17, 1990 to discuss the 1990 Goals of the Committee. The EDC spent approximately one hour reviewing the concept of Economic Development and what t~es of activities are generally associated with economlC development. It was generally agreed that economic development is not a narrowly defined concept that can easily be identified. Economic Development is as broad as the communit~, impacted by every activity and issue that falls withln the community. The EDC chose to define Economic Development in this manner: -lower or stabilized taxes -local em~loyment -diversifled tax base -quality growth promotion consistent with the Comprehensive Plan -land availability (Residential/Industrial/Commercial -wise use of resources -a domino effect tri<1gered by housing and business expans10n issues -an impact on our psychological sense of well being A. 1990 Full Committee Activities The EDC s~ent the next two hours brainstorming on 1990 act1vities. Manr of the activities were identified as full commlttee tasks because of their significance, or because they were regarded as more ongoin9 or monitoring actions in comparison to speciflc projects. For general groupings of full Committee, tasks were identified as follows: 1.) Comprehensive Plan Review, 2.) Business Park Study Implementation, 3.) Funding Policies and Strategies, and 4.) Analyze Existing Commercial Areas, 5.) Ongoing Functions. 1. Comprehensive Plan Review The Economic Development Committee is cognizant of the City Council's priority with completing the Comprehensive Plan Review. The Economic Development Committee would like to have the opportunity to have input into the document, particularly those sections relevant to Economic Development issues. 2 2. Business Park Location study The EDC was instrumental in securing city council ap~rova1 of this study and continues to give th~s study a high priority. The EDC will be involved in the step by step data analysis on this study and the formulation of the Location study results. The EDC feels very strongly that the key to successful development in Prior Lake is going to be the acceptance and implementation of the study's recommendations. The EDC will be workin<1 with the consultant to present an im~lementatlon package to the City Council that ~s both realistic, financially practical, and ~ositive to the long term development of Prlor Lake. policies and strateqies The EDC has not provided the City policies on strategies for economic development programs and 3. Council with implementing projects. The EDC believes the city council would be assisted with the provisions of policies to guide funding requests such as Tax Increment Financing and Revenue Bonds. The EDC is in the process of gathering data to prepare a set of development policies. 4. Analyze Existinq Commercial Areas The Economic Development Committee felt that the City should have some type of plan for each commercial area. The plan would assist the city in evaluating development as it comes to Prior Lake. The plan would consider at a minimum the following factors: Pedestrian access, road networks, infrastructure, 1ightin<1, land use, business expansion, and beautiflcation. 5. The EDC will continue to be responsible for several ongoing functions. Three examples that do not require a great deal of review are, preparing the annual budget, updatin<1 the Commercial/Industrial Inventory, and rev~ewing development proposals. 3 B. Economic Development Subcommittee Tasks The Economic Development Committee s~ent a great deal of time at the workshop address1ng the 1990 goals of the EDC. The individual tasks were divided into three cate<1ories with the full committee goals discussed 1n the previous section. In 1989 three Subcommittees were organized. EDC decided after identifying the <1oa1s for that the activities could be div1ded among Subcommittees. The 1990 two The two categories identified as: Subcommittee, and Subcommittee. These Subcommittees will be described briefly along with a description of their assigned tasks. The membership will also be listed. for the Subcommittees goals are 1.) The Promotions/Marketing 2.) The Business Development 1. Promotion/Marketinq Subcommittee The Promotions/Marketing Subcommittee will be chaired this year by Dave Miller. The membership will include Rich Gross, Dar Fosse, and Rachel VanDenBoom. The Promotions/Marketing Subcommittee has the overall charge of promoting not only development opportunities in Prior Lake, but also the Economic Develo~ment Committee's, and City's development polic1es. The specific tasks identified this Subcommittee charge are as Outreach to Cottage Industries Support C.) Complete Star City Marketing Program. to accomplish follows: A.) B.) Chamber Program D.) a. Outreach to cottage Industries The EDC felt t at the majority of businesses in town are unfortunately not directly involved in the City's Business Community. The EDC believes that communications with cottage Industry personnel could not only strengthen our Business Community and related associations such as the EDC and the Chamber of Commerce, but also provide a resource to the City for filling vacant space in existing commercial areas. 4 Chamber sup~ort The EDC be ieves that the City could benefit from a strong Chamber of Commerce. The Chamber is currently going through a reorganization, which includes the establishment of a Development Subcommittee. The EDC has made a commitment to working with this group for the overall betterment of Prior Lake. Star City Proqram The EDC will be completing the star City Program in 1990. Following the re-submittal of the I?rogram requirements, the Subcommittee w1ll be hosting the final marketing presentation. with the final approval of the State, the star City Banquet will be planned once again in conjunction with a Business Expo. Marketing Program The EDC has identified several activities that can be categorized as marketing. The EDC will be continuing the development tours and promoting Prior Lake development opportunities through enhanced advertising in real estate journals and through promotional materials such as our Commercial/ Industrial Inventory. The Business Expo mentioned with the star City Program will also be a part of the Marketing Program. The EDC will also be ~lanning some type of Business Appreciat10n Event, similar to the 1989 Business Appreciation Golf Tournament. The EDC will be working with the community organizations to co-sponsor the activity. 2. Business Development Subcommittee The Business Development Subcommittee will be chaired by Darcy Running and include the following membership: Jim Hill and Dennis Hanson. b. c. d. The Business Development Subcommittee tasks include: a.) Analyze existing commercial areas b.) establishing a revolving loan program c.) keeping up to date on Business Retention and Expansion, and d.) analyzing the formation of the Scott County Economic Development partnership. 5 a. Establish a Revolving Loan prorram The EDC believes the City shou d initiate communication with the downtown merchants to see if there is any support for making downtown improvements. Downtown improvements to be included in the discussion are landscapin9, structural improvements, and beautiflcation. The payment of these items could include a variety of means including assessment, private/public agreements and establishing a revolving loan program. The EDC is working with the Council on downtown activities that were a product of the Council Workshop on February 3, 1990. b. Business Retention and Expansion The Business Park Location study will be completed in spring in 1990. The study will provide the City with recommendations on where to locate the Business Park. The study should also offer suggestions on what type of businesses the City should seek to locate in the Park. The EDC plans to take the study recommendations and research the developers who mar provide the types of business opportunlties we seek. The list will be helpful to assist in the EDC's marketing activities as w~ll. Scott County Economic Development Partnership The Industrial Development/Incentive Subcommittee initiated this idea in 1989, but unfortunately did not have the time to pursue this to anr great detail. The EDC plans to init1ate a discussion amongst all the Scott County communities to see if they are interested in establishing this type of organization. The goal of the EDC is to come to a consensus with other communities represented on whether to pursue the partnership and in what manner the partnership should be established. The Prior Lake Economic Development Committee hosted a meeting on February 6, 1990 to discuss with representatives of all Scott county communities, County and Township Officials. The meeting was well received and the EDC is proceeding with this idea. A Work Plan is being prepared by the EDC and approval by the City council will be sought in the upcoming months. c. 6 III. SUMMARY The Economic Development Committee has set forth an aggressive Work Program for 1990. The city staff has established to serve the citizen committees such as the Economic Development Committee, Lake Review Committee, and Parks Advisory Committee as a goal. The merits of citizen committees can truly be seen when the City council, Economic Development Committee, and staff are in unison as they prepare to create Prior Lake's vision for the future. This document should assist in guiding the Economic Development Committee in their future efforts. 7 ECONOMIC DEVELOPMENT COMMITTEE 1989 ANNUAL REPORT FEBRUARY 20, 1990 SUBMITTED BY: James Hill, Sr., Chairman Bob Barsness Linda Blaisdell Dennis Hanson Jack Haugen Dave Miller Darcy Running David Unmacht Rachel VanDenBoom Kay Schmudlach, Staff Liaison I. II. III. IV. ECONOMIC DEVELOPMENT COMMITTEE 1989 ANNUAL REPORT Summary of 1989 Subcommittee Accomplishments 1989 Economic Development Activities A. star City/Public Relations Subcommittee B. Commercial/Retail Subcommittee C. Industrial/Development Incentive Subcommittee Economic Development Committee Membership Bioqraphy Summary 1 2 8 10 I. ECONOMIC SUMMARY SUBCOMMITTEE ACCOMPLISHMENTS DEVELOPMENT COMMITTEE 1989 ANNUAL REPORT STAR CITY/PUBLIC RELATIONS SUBCOMMITTEE COMMERCIAL/RETAIL SUBCOMMITTEE Chairman: Darcy Running Chairman: Jack Haugen Membershi~: Linda Blalsdel1 Dave Miller Membership: Dennis Hanson David Unmacht -Economic Development Plan & Strategy -Labor Analysis -Business Retention/ Expansion Program Subcommittee Accomplishments -commercial/Industrial Land Inventory -Business Appreciation Golf Tournament -Revolving Loan Program Initiative Subcommittee Accomplishments -"Share Our Vision" Visual Presentation ******************************************************** INDUSTRIAL DEVELOPMENT/ INCENTIVE SUBCOMMITTEE Chairman: Bob Barsness Membership: Rachel VanDenBoom Don Schussler Subcommittee Accomplishments -Economic Development Authority -Business Park Location Study -Business Development Tours -Scott County Economic Development Partnership 1 II. 1989 ECONOMIC DEVELOPMENT ACTIVITIES The Prior Lake Economic Development Committee (EDC) spent a great deal of time in 1989 implementing projects to initiate future ~rowth in Prior Lake. The implementation of projects to init1ate future growth is the product of outreach and networking that has resulted from the EDC commitment in the past to or<1anize, and document facts and community characteristlcs. The EDC feels that a solid foundation has been prepared with their past participation on the Prior Lake 2000 project and their community study through the star City Program process. with this background and an effective implementation through projects, the EDC has a golden opportunity to share Prior Lake's vision of future growth with those individuals who can make our visions a reality. The following sections A, B, & C are discussions of the Subcommittees. The SUb-categories are descriptions of the projects performed by each Subcommittee. A. STAR CITY/PROMOTIONS SUBCOMMITTEE The Star City/Promotions Subcommittee had three members includes Darcy Running, Linda Blaisdell, and Dave Miller. The focus of the Star city/Promotions Committee in 1989 was to complete the Star City Program requirements. The Subcommittee organized their approach to completing the Star City Program requirements by first documenting those requirements that needed to be completed. They were: 1) the Star City visual presentation, 2) the Five Year Economic Development Plan and the One Year Economic Development Strategy, 3) the Labor Analysis, 4) the Business Retention/Expansion Survey and, 5) the final marketing presentation. The following four sections will address each of these requirements and the progress made toward each. 1. "Share the Vision" Visual Presentation Dave Miller, Linda Blaisdell, and Kay Schmudlach worked diligently to write the script and organize the information to be presented in the visual presentation. Following the ~reparation of the script, Dave Miller took a conslderable number of photos to visualize the characteristics and potential of the Prior Lake Community. The voice work was donated by local radio talent Jimmy Reed. The production work was done by Creative visuals. The entire prOduction was completed by June of 1989 for a total cost of $2,500. The EDC is proud of the production and is enthusiastic about using this to su~plement our development tours and discuss1ons. The EDC is aware that 2 the visual presentation is a living resource that must continually be updated. In response to this need the EDC directed staff to provide for funds to update the pictures for use in 1990. Economic Development Plan and stratef~ The second major requirement of e star City Program yet to be completed is the Five Year Economic Development Plan and the One Year Economic Development strategy. The EDC members had been asked in 1988 to write sections of the Five Year Economic Development Plan. The sections were discussions of community assets such as our ~ub1ic services, housing, education, quality of llfe, professional services, etc. Linda Blaisdell and Kay Schmudlach incorporated the EDC writings into the Five Year Development Plan. The Plan was drafted and modified based on the comments from the EDC members. The One Year Economic Development strategy was gleaned from the Five Year document. The purpose of the One Year strategy is to provide for an implementation plan to accomplish those immediate goals identified in the Five Year Economic Development Plan. The Five Year Economic Development Plan establishes <1oals in the areas of housing, education, locatlon, and business/ industrial development. The goals already established were elaborated on with reference to the City Council and EDC's policies and the Prior Lake 2000 Program. The Economic Development Committee must update both documents and submit each as part of the star City re-certification program. 3. Labor Analysis One of the star City requirements is to complete a Labor Analysis. The purpose of the analysis is to provide a well documented inventory of the City's labor resource. The Labor Analysis is based partially on the City's residence and partially on the regional potential of labor resources. 2. staff coordinated a local Labor Analysis with the cooperation of the MNTED staff. A survey was used to gather data from our local residents. Approximately 25% of the city households were issued surveys in 1989 and approximately 45% returned their survey. The local labor survey identified a well educated, higher than average salaried employee base in Prior Lake. The regional data provided b~ the County and state documents a major pool of d1versified labor resources. 3 The Labor Analysis assists the Cit~ in providing potential developers with informatlon that could assist them in making a decision on where to locate their company. A community showing a limited resource of labor or a very narrow or limited trpe of education qualification may suffer wh1le communities such as Prior Lake have excellent potential for staffing professional, management, technical and clerical positions. 4. Business Retention Ex ansion Surve T e Buslness Reten lon/Expanslon Survey (BRE) is a two part survey that documents the stability and potential growth from local businesses by asking major manufacturing and si<1nificant private employers whr ther located in Pr10r Lake, why they are staying ln Prlor Lake, and if they have any plans to expand or relocate within the city. The survey is invaluable because it gives staff and the EDC an opportunity to sit face to face with local business leaders and discuss the City's develo~ment future. The survey also provides the City wlth the lead time necessary to help employers who wish to expand or relocate in the city. The star City Subcommittee felt that the Business Retention/Expansion Survey (BRE) annual requirement had been fulfilled because the last BRE had been completed in January of 1989. Unfortunately, the MNTED staff disagreed and determined that the January 1989 BRE documented 1988 dates and was therefore not timely enough information. The Subcommittee was required to redo the BRE Survey which they did in late 1989 and within the past couple of weeks was tablulated by the state. The State has assured us that this BRE Survey data will qualify for the 1990 submittal and approval. 5. Final Marketin9 Presentation The final rema1ning requirement of the Star City Program is the marketing presentation. The demonstration should provide the developer with the basic information necessary to decide whether to pursue locating a business in Prior Lake. The City Council, Economic Develo~ment Committee and Staff should be involved in th1s presentation. B. COMMERCIAL/RETAIL SUBCOMMITTEE The commercial/Retail Subcommittee consisted of three members including Chair Jack Haugen, Denny Hanson and David Unmacht. The Subcommittee met regularly to initiate several key economic development projects in 4 1989. They are: 1.) Commercial/Industrial Land Inventory, 2.) Business Appreciation Golf Tournament, and 3.) Revolving Loan Program. The following will describe each project in greater detail. 1. Commercial Industrial Land T e Commercla In us rla was suggested by guest speaker, Ernie Peacock, who addressed the EDC in December of 1988. Mr. Peacock reported to the EDC that some cities have prepared documents that list pertinent development data on all industrial or commercial land in their cities. The EDC endorsed the idea and directed staff to gather information. staff Intern Gary Schmitz prepared a draft document listing all the land in the commercial/industrial zonin<1 classification. Subcommittee members identlfied the information that would be appropriately represented in this document including; the fee owner, legal description, zoning, estimated market value, assessed value, taxes paid (previous year), lot acreage, and structure square footage. with the help of Mr. Schmitz all the data was researched from the County and City data banks and summarized on inventory sheets. Mr. Schmitz also incorporated a series of maps and basic zoning information to complete the inventory. The Subcommittee also worked with staff to prepare a list of commercial and industrial brokers and developers who have libraries of City information. A professional document was distributed to each of the 150 names on the list either in the mail or at a City hosted Business Development Tour. The Development Tours will be discussed under the accomplishments of the Industrial Development/ Incentive Subcommittee. 2. Business Appreciation Golf Tournament The Commercial/Retail Subcommittee discussed opportunities for Showing the City appreciation for Businesses in Prior Lake. A golf tournament was hosted by the EDC on June 22 at the Lone Pine Golf Course. with the excellent cooperation of Bob and Betty McKush, the City achieved excellent success in this first time event. The limited tee times available quicklr filled up as business people delighted in particlpating in this City sponsored activity. Following the Golf Tournament an informal meal was catered and the golf awards were presented. 5 Golfers were asked to bring door prizes and the response to this request was phenomenal. Over 50 door prizes were given away to the business folks. 3. Revolvinq Loan Proqram The Commercial/Industrial Subcommittee members discussed the merits of establishing some type of loan ~ro<1ram to assist local business in refurblshlng their structures. The discussions regarding this pro<1ram focused specifically on the downtown, but conslderation was given to bringing in all business areas. The Subcommittee did schedule a tour of several towns who have instituted major redevelopment projects. The tour was open to all EDC members and six did attend. The tour visited Hastings and Red Wing and included walking tours by local redevelopment experts. The progress of this project was retarded toward the end of the year because of the full committee's concentration on the Enivid development project. c. INDUSTRIAL DEVELOPMENT/INCENTIVE SUBCOMMITTEE The Industrial Development/Incentive Subcommittee was Chaired by Bob Barsness and included member Rachel VanDenBoom (and formerly Don Schussler). The Industrial Development/Incentive Subcommittee had several accomplishments in 1989 including: 1.) Economic Development Authority 2.) Industrial Park Location study 3.) Business Development Tours 4.) Scott County Economic Development Partnership. 1. Economic Development Authority The Industrial Development/Incentive Subcommittee researched the Economic Development Authority (EDA) with the assistance of Ed Tschida, Advance Resources for Development (formerly of Professional Planning and Development). The research brought the Subcommittee to the conclusion that the EDA could be a valuable resource for processing economic development projects. The Subcommittee presented the conce~t to the full Committee and with staff and thelr complete support, the idea was forwarded to the city Council. The City Council took action on July 17, 1989 to establish the EDA organized with all of the Council members and one re~resentative of the EDC and the planning Commisslon serving as the Authority. 6 2. Business Park Location study The EDC has discussed for several years the merits of conducting a study that will locate a site for a Business Park. The Subcommittee was encouraged by the City Council's discussions regarding future business growth at the Citr Council retreat in 1989 and pursued the idea of in1tiating the study with the support of the City Council. In order to facilitate the Business Park Location study the Industrial Development/Incentive Subcommittee worked with staff to develop the study Request for Proposal (RFP) and also supported the proposed study at the City Council meetings when this issue was discussed. The Business Park Location study was approved ~y the City Council on October 16, 1989. The study lS tentatively scheduled to conclude in March or April of 1990. 3. Business Development Tours The Industrial Develo~ment/lncentive Subcommittee considered several opt1ons for getting the word out that Prior Lake is developing. Some of the options included expensive public relations tools, mass mailings, personal visits, and local tours. The Subcommittee decided to take the list of persons who would be recelvlng the Commercial/Industrial Inventory and review it to select fifty persons to attend two tours. The development tours were planned for July 25 and August 2. The purpose of the EDC Development Tours was to introduce the City of Prior Lake to developers and to provide develo~ers with documents that will enhance their opinlon of Prior Lake's development potential. The tours started with a welcome by the Mayor followed br a viewing of the Star City "Share Our Vision" sl1de presentation. Next the <1llests were taken on a 45 minute bus tour highli9htlng existing commercial, industrial, and resident1a1 development and identifying available land. The guests were taken on a tour of the lake and given hors d'oeuvres at McWi11ies. The Commercial/Industrial Land Inventory and a Prior Lake marble paper weight were given to each tour attendee. The result of the tours were twofold. First and foremost the City has established stronger relationships with developers in the Metropolitan 7 III. A. area. The open communication allows the City to tap into an Economic Development network that has not been available in the past. 4. Second, the City has received numerous phone calls from tour attendees and their contacts regarding specific sites and development proposals. Scott counth Economic Development Partnership The EDC as discussed the ~ossibility of starting some type of Econom1c Development organization for Scott County communities. The purpose of the organization would be to coordinate some economic development activities to reduce individual City costs, encourage Scott County development, and better promote development opportunities in Scott County. In the Fall of 1989 Economic Development Committee member Bob Barsness, City Manager Dave Unmacht, and Assistant City Manager Kay Schmudlach met with Commissioner Mark Stromwa11 to discuss the County's participation in this program. The Economic Development Committee proposed to continue to work on this activity in 1990. ECONOMIC DEVELOPMENT COMMITTEE MEMBERSHIP BIOGRAPHY MEMBERS In this section, a short biography has been prepared on each EDC member to familiarize the Citr Council with the backgrounds and skills of the membershlp. James Hill Sr.: Mr. Hill was the Chairman of the Economic Development Committee in 1989 and has been since its formation in 1983. Mr. Hill is a civil Engineer and the founder of his own Engineering Consultant firm, James R. Hill, Inc., located in Bloomin<1ton. Mr. Hill served on the Industr1al/Commercial Advisory Committee in 1982 prior to serving on the Economic Development Committee. Robert Barsness: Mr. Barsness was the Vice Chairman of the Economic Development Committee and the Chair of the Industrial Development/Incentive Subcommittee. Mr. Barsness is the Executive Vice President of the Prior Lake State Bank. Mr. Barsness was also a member of the 8 Industrial/Commercial Advisory Committee in 1982 prior to the organization of the Economic Development Committee. Mr. Barsness will be the Chairman of the EDC in 1990. Linda Blaisdell: Mrs. Blaisdell joined the Economic Development Committee in January of 1988. Linda has been very active in the star City/Promotions Subcommittee writing the five year and one year Economic Development Plans. Mrs. Blaisdell is a Legal Assistant at the law firm of stevens-Egan in Burnsvi1le. Mrs. Blaisdell has indicated her intent to resign from the EDC in January. Dennis Hanson: Mr. Hanson also joined the Economic Development Committee in January of 1988. Mr. Hanson served on the Commercial/Retail Subcommittee assisting in the creation of the Commercial/Industrial Land Inventory. Mr. Hanson is the President of Marquette National Bank located at 16817 Duluth Avenue SE in Prior Lake. Jack Hauqen: Mr. Haugen has served on the Economic Development Committee since 1985 and as a Chair of the Commercial/Retail Development Subcommittee in 1989. Mr. Haugen operates an independent MSI Insurance Agency in Prior Lake. Mr. Haugen resigned from the EDC in August of 1989. Dave Miller: Mr. Miller has served on the Economic Development Committee since 1987 and as a member of the star City/Promotions Subcommittee since 1989. Mr. Miller has his own business, Promark Communications Inc., in Prior Lake located at 4995 160th Street SEe Darcy Runninq: Mr. Running has served on the Economic Development Committee since 1986. Darcy served as the Chair of the Promotions/star City Subcommittee in 1989. Rachel VanDenBoom: Ms. VanDenBoom has been a member of the Economic Development Committee since 1987. Ms. VanDenBoom is the Manager of Prior Lake's branch of Edina Realty. Rachel served on the Commercial/Retail Subcommittee assisting in the implementation of the Business Appreciation Golf Tournament. Dave Unmacht: Mr. Unmacht has served on the Economic Development Committee since his ap~ointment to City Manager in May of 1987. Prior to h1s appointment to City Manager, Mr. Unmacht was the Assistant City Manager and the Staff liaison to the Economic Development Committee from August 1985 to May 1987. Kay Schmudlach: Ms. Schmud1ach has been Staff liaison to the Economic Development Committee since her appointment as Assistant city Manager in July of 1987. 9 Two new members were appointed to the EDC in December of 1989. Their biographies are as follows: Dar Fosse: Mr. Fosse became a member of the Economic Development Committee on December 18, 1989. Mr. Fosse is the Principal of Westwood Elementary School, a position he has held for 12 years. The EDC is excited about Mr. Fosse's appointment and anticipate Mr. Fosse's insightful perception in community and school issues. Rich Gross: Mr. Gross also became a member of the Economic Development Committee on December 18, 1989. Mr. Gross is the owner and manager of Value Office Products in Prior Lake. Mr. Gross brings extensive sales and marketing experience to the EDC along with a strengthened communication with downtown business people. V. SUMMARY The Economic Development Committee is proud of the progress made in 1989. The near completion of the star City Program and the exciting development activities of 1989 further encourage the business community in Prior Lake. The EDC is appreciative of the Council's commitment to Economic Development and anticipates that the Council will embrace the 1990 goals and objectives as identified in the report. With the City Council's approval, the EDC enthusiastically pursue development opportunities in Lake and assist the City Council in accomplishing the they have provided for Prior Lake. will Prior vision 10