2020-10-21 EDA Meeting Minutes - Approved

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City of Centerville EDA Minutes October 21, 2020 apartment building, and a possible memory-care facility. He also stated that a developer wanted to build a truck wash and facility to store truck trailers. 2. Year to Date Financials Executive Director Statz explained that the money in the EDA account was spent with the expenditures that were just approved. The City Council released the remaining funds in the annual budget to cover expenditures that have been laid out. 3. Ongoing Programs a. Blue Logo Sign Program Executive Director Statz stated that he had been speaking with Vicky Byrne, the owner of Kelly’s Bar and Grill. Ms. Byrne had learned that in order to put her logo on the blue highway sign, she couldn’t use the word “bar”, however she was allowed to use a drawing of a beer mug. She had also been told that she had to purchase the logo sign that is placed on the blue sign. Mr. Statz stated that the sign was a one-time purchase of approximately $1,000.00, and he felt that since the EDA had committed to paying 75%, they should extend it to the sign as well. Commissioner Love asked if the money could come from CARES Act money. Executive Director Statz stated that it depended on whether or not the council would look at it as “CARES funded”, but was certainly an eligible expense. Executive Director Statz stated that he had reached out to CenterMart, Corner Express and Wise Guys to ask them to fill out their applications for the Blue Logo Sign Program before November 15, 2020, so that it could be paid for under the CARES Act, but he was not sure their paperwork would be completed before the deadline. b. CenterStage Executive Director Statz introduced a flier promoting the programs offered by the EDA; the CenterStage Program, the Highway Blue Sign program and loan and grant programs. . He stated that developers call weekly to ask about available property, fees and incentives and he wanted something he could give them. He asked for input from the commission. Discussion took place regarding the flier, and it was decided to modify the document to reflect the fact that the Blue Sign Program was limited to gas stations and restaurants. c. Business Assistance Grant Program (CARES Act Funds) Executive Director Statz stated that Anoka County had five million dollars to use for grants and the initial grant was $10,000. They only received 273 applications and decided to give $20,000 to those that qualified. Centerville had a good participation rate compared to other nearby cities, and 12 of our businesses had applied. V. OLD BUSINESS Page 3 of 5