2021-11-17 EDA Packet - Laserfiche WebLink

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ECONOMIC DEVELOPMENT Quad Area Chamber of Commerce A lunch and learn featuring the four citiesÓ administrators with updates on developments and other activities in their respective cities. Economic Development Authority (EDA) Business Appreciation Event The EDA held a Business Appreciation Event on Thursday, September 9 at LaMotte Park. Attendance grew from the EDAÓs initial event, held two years ago, prior to COVID. Samantha Markman from Anoka County Regional Economic Development spoke about recent initiatives at the county level and Michelle Koch spoke about the CenterStage program, sponsored by the EDA. 2022 Preliminary Budget The EDAÓs 2022 budget request was approved by the City Council and has been made a part of the cityÓs Preliminary Budget and Levy. The budget includes provisions for the extension of its current ongoing programs as well as some investments in streetscaping enhancements and other capital costs. Finally, the budget has allowances for participation in market or engineering studies to help develop or redevelop commercial properties. Blue Logo Sign Program Extended The EDA recently extended its Blue Logo Sign program for 3 years, committing to 50% of the costs for returning participants and pledging a 75% cost participation on the first yearÓs fees for newcomers. See this North Metro TV feature on the program for more information: https://youtu.be/9rrHcnImy3U?t=44 Half Priced Water Hook-up Fees for Businesses Through the end of 2021, the City is offering our businesses half-priced hook-up fees for connecting to the municipal water system. Anoka County Regional Economic Development (ACRED) UpRiver Real Estate Event ACRED will host its signature event of the year at Running Aces on November 18 from 8:30 Î 11:30 AM. Speakers will highlight recent market trends, project successes and review available resources for development.