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12-02-15 EDC
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12-02-15 EDC
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<br />City of Arden Hills <br />Economic Development Commission December 2, 2015 <br /> <br />Page 1 of 1 <br /> <br /> <br /> <br /> <br /> <br /> <br />MEMORANDUM <br /> <br />DATE: December 2, 2015 EDC Agenda Item 4.B <br /> <br />TO: Economic Development Commission Chair and Commissioners <br /> <br />FROM: Jill Hutmacher, Community Development Director <br /> <br />SUBJECT: Draft 2016 EDC Work Plan <br /> <br />Requested Action <br />Approve the 2016 EDC Work Plan. <br /> <br />Discussion <br />Staff recommends that the 2016 EDC Work Plan include the following core goals and tasks. <br />Commissioner feedback on additional goals is requested. A joint meeting of the EDC and the <br />Economic Development Authority (EDA) will be held on Monday, January 25, 2016, 6:00 pm. <br />The EDA will consider approval of the 2016 EDC Work Plan at the joint meeting. <br /> <br />1. Recruit new members <br />2. Business Retention and Expansion Program <br />a. Analyze outcomes of the BRE Program <br />b. Communicate program outcomes to the EDA and community <br />c. Work with the EDA to identify and complete action items <br />3. Revolving Loan Fund <br />a. Reevaluate program goals <br />b. Consider costs of underwriting and administration in comparison to program <br />funds and goals <br />c. Consider outcomes from BRE Program <br />d. Make recommendations to the EDA <br />4. Marketing and Outreach <br />a. Work with the Newsletter Committee on business-focused articles <br />b. Plan and promote State of the City events <br />c. Work with staff to plan additional small business outreach events <br />d. Expand and update business contact list <br />e. Track and visit new businesses <br /> <br />Attachment <br /> Draft 2016 EDC Work Plan
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