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ARDEN HILLS EDA MEETING — October 23, 2023 2 EDA Commissioner Holden asked about the gateway sign locations that was referenced in the October 24, 2022 minutes, and whether or not a list of locations exists. EDA President Grant also asked if there was a list and if the list could be distributed. EDA Secretary Perrault stated there was an existing list, but there was not a new list. He noted an updated list would be part of the upcoming workplan of the Economic Development Commission (EDC). He stated that staff could provide the existing list. EDA Commissioner Fabel indicated that there were also questions about what the sign would look like and asked if that had been resolved. Chair Grant stated he didn't believe so. EDA Commissioner Monson asked if Council needed to give staff specific direction to bring that to the EDC. EDA President Grant stated he wanted to make sure the three new commissioners that haven't seen the list, get the list, as he assumes they have not seen it. EDA Commissioner Monson commented that it's been a year so she was assuming with the EDC up and running, this would be part of their agenda if it wasn't already. Community Development Director Jagoe confirmed this was on the EDC's agenda for discussion. EDA Commissioner Rousseau asked if there was an EDA levy every year or if one had been considered. EDA Secretary Perrault stated there has been an operating levy of $50,000 in the past but it was not geared towards specific EDA activities. EDA Commissioner Rousseau asked if this was just in the general fund then. EDA Secretary Perrault stated yes, the EDA fund, and mostly the funds were used for staff, the State of the City, and also gateway signs. EDA Commissioner Rousseau said that with the EDA, let's say one day there is a development of 427 acres and we are looking at adding new businesses, would this be an opportunity to consider a levy and try to encourage unique businesses to come in to that area or even offsetting rent for family owned businesses for that first year. EDA Secretary Perrault stated that the specifics as far as what could and could not be done by the EDA would have to be brought back. He stated he believes the reason most EDAs exist is because they do have powers outside of a typical City Council as far as spending of funds. He noted that cities will utilize EDAs to fund opportunities for programs, special projects, or incentives. EDA Commissioner Rousseau said she would be interested in having a conversation about this next year. She commented on the unique situation in that the locations of Pace, Arby's, and Big 0 are all