HomeMy WebLinkAbout4. Update on Economic Development Advisory Committee (EDAC) ActivitiesCITY OF SHAKOPEE
MemoYandum
TO: Economic Development Authority
Mark McNeill, City Administrator/EDA Executive Director
FROM: R. Michael Leek, Community Development Director
RE: Update on Economic Development Advisory Committee (EDAC) Activities
DATE: September 21, 2010
INTRODUCTION:
The purpose of the memo is to update the EDA on the activities of the EDAC. The EDAC has been
meeting monthly since 3une. It has so far reviewed possible funding mechanisms and provided direction
to staff about mechanisms to be further explored and considered. It also hosted Mr. Gene Goddard of the
Minnesota Department of Employment and Economic Development (DEED), who provided the EDAC
with an extensive briefing on state information, programs and assistance. As of its September 15, 2010, ._
the EDAC has begun to review the specific geographic areas identified by the ED Ad Hoc Committee,
starting with the Downtown and First Avenue Corridor. It is expected that the EDAC will develop
recommendations regarding future development and marketing of these areas.
In addition, two members of the EDAC, Paul Youngs and Fatima Franzen, have begun a committee effort
with the Downtown Partnership and Chamber of Commerce around the idea of doing a retail survey.
ACTION REQUESTED:
This item is for information only, and no action is required at this time. Specific recommendations from
the EDAC will be brought to the EDA for action in the future as they are developed.
R. Michael Leek
Community Development Director
CC/0921 2010/EDAC Update