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2020 Strategic Plan <br />Representatives from the EDA will be presenting their strategic plan at the Planning & <br />ndrd <br />Zoning and Parks & Recreation Meetings on June 2 and 3, respectively. The meetings <br />will also discuss ways the two committees can work together to further the goals of the city. <br /> <br />1737 Main Street <br />A realty sign has now been placed on the site and Mr. Brass is free to market the site to <br />potential developers. <br /> <br />EDA Revolving Loan and Grant Program <br />Although we have not had an applicant recently, staff has distributed information on the <br />program to several local businesses in recent weeks, as they have approached us with <br />ideas for improvements to their buildings. <br /> <br />Quad Area Chamber of Commerce <br /> <br />Eat Local Campaign <br />The Quad Area Chamber of Commerce is teaming with the Lino Lakes Rotary Club to help <br />local restaurants by purchasing signs for them to place outside, letting folks know that they <br />are open for take-out and delivery options. <br /> <br />Minnesota Technology Corridor <br />The EDA voted to participate, financially, in a Data Center Feasibility Report, from <br />consultant Excipio. The assessment includes detailed financial analysis of state and other <br />tax incentives as well as an analysis of power and broadband availability. Having this <br />evaluation done, is much like certifying a site <br />much more marketable to the data center market. The Executive Director was given <br />parameters within which to negotiate <br /> <br />Anoka County Regional Economic Development (ACRED) <br />The Marketing subcommittee continues to plan for scheduled events in the fall of 2020, <br />such as the MNCAR Expo, which is a gathering of real estate professionals. <br /> <br />We continue to plan for marketing efforts in conjunction with the 3M Open Golf <br />Tournament in July. <br /> <br />FINANCE <br /> <br />Audit <br />The audit is substantially complete. Staff Is reviewing the draft financial statements. The <br />good news is that we ended the year positively in the general fund, adding just over $10,000 <br />to the fund balance. This means that there is $15,905 to $181,152 available for one-time <br />expenditures over the 50-60% fund balance target range. <br /> <br />City Hall Copier <br />th <br />The new copier is set to be delivered on May 29. <br /> <br />