HomeMy WebLinkAbout7B - EDA Presentations for Nov 15 and Dec 6
PRIOR LAKE ECONOMIC DEVELOPMENT AUTHORITY
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16200 Eagle Creek Ave. S.E., Prior Lake, Minnesota 55372-1714 / Ph. (612) 447-4230 / Fax (612) 447-4245
AN EQUAL OPPORTUNITY EMPLOYER
AGENDA ITEM:
SUBJECT:
PRESENTER:
DATE:
INTRODUCTION:
DISCUSSION:
ACTION
REQUIRED:
REVIEWED BY:
7B
REVIEW EDA PRESENTATIONS FOR NOVEMBER
15TH AND DECEMBER 6TH
JANE KANSIER, PLANNING COORDINATOR
OCTOBER 18, 1999
At the last EDA meeting, the commissioners discussed a
strategy for providing the City Council information about the
proposed EDA levy. The commissioners decided to make a
presentation to the Council on November 15th, and then to
provide a brief overview at the public hearing on December 6th.
The staff is looking for some clarification about the upcoming
presentations. It is obviously important to provide the Council
with as much information about the EDA proposal as possible.
However, it is also important to provide the public with the
same information.
For the purposes oftiming, it seems more appropriate to make a
single presentation to the Council and the public at the public
hearing on December 6th. This will allow both the Council and.
the public to ask questions and hear the EDA position first
hand. It also eliminates the need to make two presentations.
Provide staffwith direction about the scheduling of the EDA
presentation to ity Council.
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Initiate business retention efforts.
Recruit new business.
. Identify the size of businesses in Prior Lake is most likely to attract.
. Identify owners of businesses of the size who live in Prior Lake.
. Conduct an open house for the business owners identified above.
. Contact suppliers to businesses and Mystic Lake to advise them of opportunities in
Prior Lake.
Miscellaneous
. Review existing objectives against the Strategic Plan to assure consistency and
comprehensiveness.
. Establish a multi-media effort to deliver EDAlCity "pro-business" message.
1999 Obiectives
. Prepare a Downtown Redevelopment Plan, including appraisals, marketing and
funding alternatives, and initiate the implement of this plan, including marketing and
the streetscape public improvements. Insure the study addresses the old library and
other City property Downtown as well as public relations necessary for effective
redevelopment. ~gkJL.) 1)U- ·
v' Revise and advertise the improved access to Prior Lake from 1-35 via CSAH 21,
bringing traffic through downtown Prior Lake. (Completed) -
. Sell 4.5 acre parcel
~ Arrange for two EDA members to interview all Waterfront Passage businesses and
other large businesses in the City for retention purposes. (June)
)./~\1 I · Have the Chamber of Commerce provide a Business Retention report to the EDA
~, when interviews are complete.
~ . Cooperate with the Chamber of Commerce to follow up on any issues arising from
their interviews.
....... Discuss recruitment at joint meeting with p~~~g ~~ssion and City Council.
(Done) t..M"~ AN-- Cl.~~~ ~-))
~. Establish a Web page on the Internet. (Done)
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ECONOMIC DEVELOPMENT AUTHORITY
PRIOR LAKE, MINNESOTA
MISSION STATEMENT
PROMOTE THE BUSINESS ASSETS OF PRIOR LAKE AND
FACILITATE A DIVERSIFIED TAX BASE
GOALS
Develop a proactive strategy for future economic development activities which will
build on the efforts to date and further enhance the City's reputation as a place to
do business.
Continue to explore redevelopment opportunities in the Downtown area.
Supportive private as well as public redevelopment plans in the Downtown area.
Develop a plan to capitalize on traffic generated by Shakopee Mdewakanton Dakota
Community and The Wilds.
Develop promotional materials cooperatively and create a dialogue with the Mystic Lake
Casino and The Wilds Golf Course.
Expand Business Office Park
· Facilitate development of 58 acre Deerfield property.
Inventory and review existing commercial and industrial properties and develop a
position on development possibilities.
· Develop a recommendation on extension of utilities to old industrial park.
· Explore the relationship between housing availability and business development.
· Convert Tax Increment Policy to a more general document which addresses other
financial incentives and which addresses likely types of development and
redevelopment.
Explore redevelopment opportunities for the Priordale Mall/Park Nicollet site to
facilitate expeditious redevelopment/development.
· Work with private sector developers to complete the Ring Road :from Franklin Trail
to Tower Street. (November for Official Map) .
· Work to identify specific properties in the Priordale Mall area for
redevelopment/development.
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16200 Eagle Creek Ave. S.E., Prior Lake, Minnesota 55372-1714 / Ph. (612) 447-4230 / Fax (612) 447-4245
AN EQUAL OPPORTUNITY EMPLOYER