10-29-2004 EDAAEDA Board Meeting
Main Conference Room — City Center
7 AM Friday October 21 9 2004
Updated: 26 October 2004
AGENDA
L Call to Order
IL Approve Agenda
III. Review & Approve Meeting Minutes
A. September 24th EDA Board Meeting
B. August 24th Industrial Park Team Meeting (no September meeting)
C. September 15th Finance Team Meeting
IV. Review Financial Statements — Ken Merrill
V. Update on Allied Mechanical Loan
VI. Director's Report
1.
Liquor Hutch
A. BR &E Visits
2.
Rix Corner Redevelopment
B. JOBZ Incentive
3.
State Theater
C. Project Updates
4.
Hutchinson Hotel
5.
Downtown Streetscape Project
6.
Industrial Park (Stritesky Property)
VII. EDA Board vacancy
7.
Spec Building Project (Draft Business Plan)
8.
New Business Recruitment
VIII. Grant & Loan Applications
Sign & Awning Grant
Downtown Clothing Company —
Deb Hedtke
$2,000
(in Hennen's Building)
Downtown Loan Program
Hennen's Building — Mark Schierman
$130,000
IX. State Theater Loan
X. Authorization to Obtain Appraisal of Cenex Properties
XL Update of Economic Development Loan Program Guidelines
A. Discussion
B. Adopt changes, if any
XII. Consider adoption of Industrial Park Declarations
XIII. Downtown Loan Rule
XIV. Other Business
A. Report: Expanding & Re- capitalizing the Revolving Loan Fund
B. Report: Cost - Benefit Analysis of Land Write -Down Program
C. Report: Glenco's Industrial Park Program
XV. Chamber Update
XVI. Other Business
XVII. Set Next Meeting (November 19th)
XVIII. Adjourn