08-27-2004 EDAAEDA Board Meeting
Main Conference Room — City Center
7 AM Friday August 27th 2004
Updated: 19 August 2004
AGENDA
L Call to Order
IL Approve Agenda
III. Review & Approve Meeting Minutes
A. July 23rd EDA Board Meeting
B. August 24th Industrial Park Team Meeting
C. August 26th Finance Team Meeting
IV. Review July Financial Statements
V. Director's Report
VI. Business Recruitment Update
A.
QuestStar Medical, Inc.
B.
InterRAD Medical, Inc.
C.
Wadia Moses Engineering Company
D.
Financial Crimes Technology Services
E.
Gray Technologies
VII. Grant & Loan Applications
Sign & Awning Grant
Kamrath Chiropractic — Keith Kamrath
Storefront Revitalization Matching Grant
Family Rexall Drug — Brad Lauenberg
Downtown Loan Program
Robert Michael Salon — Bob McCarthy
VIII. Industrial Park Update
A. Stritesky Property
B. Spec Building Project
$2,000
$4,905
$65,000 15 yrs. @ 4.5%
IX. Update of Economic Development Loan Program Guidelines
A. Report by Subcommittee
B. Discuss and take action on changes recommended by Finance Team
X. Land Write Down Program
A. History & Use thus far
B. Request by Dick McClure
XL Proposed Sale of Land Write -Down property from
American Energy Systems to John Detell to square off lot (185 Arch Street)
XII. Chamber Update
XIII. Other Business
XIV. Set Next Meeting (September 24`h)
XV. Adjourn
Director's Report
BRE Visits
• Marshall Concrete Products
• Hands, Inc.
• New Dimension Plating
• Haugen Furniture Company
Proiect Updates
1) State Theater
2) Hutchinson Hotel
3) Rix Corner Redevelopment Project
4) Downtown Liquor Store
5) Cenex Consolidation
6) Downtown Streetscape Project