05-20-2014 EDC Minutes - Laserfiche WebLink

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Economic Development Commission Minutes May 20, 2014 Page 2 of 3 • Rural metropolitan area(best of both worlds) • Amenities—golf courses, resorts, dining • Religious choices • National and international companies • Housing location options (woods, town, lake) • Community leaders • Home based businesses • Paul Bunyan Trail • Government Unit • Variety of In-town events • Coffee Shops • Your Home Town • A great place to live • History - Story behind Pequot Lakes 6. Business Park Lot—Sale Price and Marketing Plan Sheila Haverkamp noted that there are three industrial parks in Crow Wing County. Pequot Lakes' lots sell for$30,000 per acre; Brainerd lots sell for $50,000—65,000 per acre and Baxter's lots sell for whatever the market value would support which is $100,000 per acre. The Clerk questioned what the EDC would like to sell the lot available in the Pequot Lakes Business Park. It was suggested that the City contact Close Converse Real Estate to find out what the market is for the lot. The EDC also suggested that because this is the last city- owned lot that it be reserved for an economic development project that would benefit the City. It was the consensus of the EDC that the lot be reserved for an economic development project that will benefit the community and that all proposals will be considered. 7. BLAEDC Update Sheila Haverkamp updated the EDC on BLAEDC happenings. She talked about the Execs working on home-based businesses and that they will start reaching out to these businesses. 8. Chamber Update on Governor's Opener and Upcoming Events Mark thanked Jenna for her work on the Governor's opener. Kicking off summer tourism season. Jenna gave an update on future programs. She stated that she plans to focus on Pequot Lakes and Breezy Point to try to generate more enthusiasm in these areas. �"' 9. June Agenda Items