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HomeMy WebLinkAbout4A, Economic Development Commission (EDC) 2013 Work Plan i -` RzEN HILLS Request for Council Action 4A Prepared By: Jill Hutmacher, Community Development Director EDA Meeting Date: January 28, 2013 Economic Development Commission (EDC) 2013 Work Plan Budgeted Amount: Actual Amount: Funding Source: n/a n/a n/a Recommendation: Approve the Economic Development Commission Work Plan. I Supporting Documents: 1. Memorandum dated January 28, 2013, from Jill Hutmacher, Community Development Director. 2. Attachment A: 2013 EDC Work Plan. ,-ARQEENHILLS MEMORANDUM DATE: January 28, 2013 TO: Economic Development Authority President and Commissioners FROM: Jill Hutmacher, Community Development Director J# SUBJECT: 2013 EDC Work Plan The Economic Development Commission approved its 2013 Work Plan on December 5, 2012. The EDC Work Plan is primarily focused on the City Council goal, "Develop relationships with the business community and establish a reputation as a business- and development-friendly City." Goals are defined in the categories of: • New member recruitment; • Revolving loan program; • Marketing & outreach; and • Business visits. High priority goals have been assigned to be accomplished in the first or second quarters of 2013. Lower priority goals will be addressed in the third and fourth quarters, as time permits depending on the progress of the TCAAP project. Recommendation Approve the 2013 Economic Development Commission Work Plan. Attachment A. 2013 EDC Work Plan City of Arden Hills Economic Development Commission December 5, 2012 Page 1 of 1 Attachment 2013 Economic Development Commission Work Plan January 28, 2013, Economic Development Authority Meeting lt ,AVEN HILLS Economic Development Commission 2013 Work Plan 2013 EDC Goals Work Tasks Timeline Publish a newsletter article Q1 -Q4 New Member Post commission opening information on website Q1 Recruitment Promote membership at business visits Q1 -Q4 Contact Arden Hills business associates Q1-Q4 Research history of revolving loan program Q1 Identify options for use of loan funds Q2 Revolving Loan Program Develop a loan or other economic development program,as directed by the Economic Development Q3 -Q4 Authority Plan and promote State of the City event Q2 -Q3 Use City newsletter to highlight local businesses Q1-Q4 Suggest business information to be added to the City Q1 -Q4 Marketing&Outreach website Explore publishing an economic development Q1 -Q4 newsletter Assist with City video tour on economic development Q3 Q4 content Establish a program to visit new businesses within 6 Q1-Q2 months of receiving a Certificate of Occupancy Business Visits Develop a business inventory and contact list for the Q1 Gateway Business District Develop a contact list for major landlords Q3 City of Arden Hills 1245 West Highway 96 •Arden Hills Minnesota 55112 Phone 651.634.5120•Fax 651.634.5137 www.ci.arden-hills.mn.us