10-23-23 EDA - Laserfiche WebLink

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ARDEN HILLS EDA MEETING – October 23, 2023 4 EDA Secretary Perrault stated that was funded by Twin Cities Gateway. A short discussion ensued about the Welcome Back to Lexington initiative. EDA Commissioner Monson commented that she didn’t think anyone was saying the EDA hadn’t done anything. She said that is not what anyone is trying to say, rather there are a lot of vacant businesses. She would like to make sure there is a plan and the City was trying to do something with these specific parcels. She said she’s not talking about what was done in the past or about TCAAP, but having a good EDC and a plan about how to tackle the vacant buildings today, which is none of their faults. She wanted to find ways to draw businesses and said this is a good thing for the city. EDA Commissioner Rousseau said she would like to have a more detailed discussion about what is happening with other businesses such as were there other vacancies to be aware of. A short discussion ensued regarding the vacant Pace site and the other adjacent vacant properties in that area as well as strategies for the EDA and EDC. EDA Commissioner Holden noted there is a business retention and expansion whitepaper that has a lot of strategies in it. EDA President Grant asked EDA Secretary Perrault to send the BRE document and white paper out to the EDA and that could maybe be a jumping off point for future discussion. 6. ADJOURN MOTION: EDA President Grant moved and EDA Commissioner Holden seconded a motion to adjourn the Economic Development Authority meeting. The motion carried unanimously (5-0). EDA President Grant adjourned the Economic Development Authority meeting at 5:48 p.m. __________________________ __________________________ Julie Hanson David Grant City Clerk EDA President