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Economic Development Commission Minutes April 20, 2010 Page 2 of 3 ------------------------- - - - - -- 3) Look into the issue of sewer capacity for each lot 4) Make contact with all property owners in the park to discuss whether they would be interested in dividing their property with the intent of selling a portion of the property 5) Create an inventory list to have available for future interest in businesses locating in the existing business park The EDC also stated that they have been in favor, and are still in favor, of exploring areas for future expansion of an industrial park. The EDC also stated that they feel that the City is not mature and there is a need to continue to pursue economic development. The EDC would like to see the Economic Development portion of the Comp Plan stated in much more positive terms. 4. Update on Housing Institute Erika O'Brien gave an update on the MN Housing Partnership and Greater Minnesota statewide pilot program. She indicated that they are focusing on getting all agencies to identify challenges and resources relating to housing issues in the area. Business Survey Results Mark Jurchen gave an update on the business survey. 6. Economic Development Financing Overview and Pequot Lakes Business Subsidy Plan Sheila Haverkamp introduced John Gunstad, who has just joined BLADC. Sheila gave an overview of economic development financing. She noted that educating the EDC on financing will help the EDC in updating the City's Business Subsidy Plan. 7. Next Meeting May 18 — Comp Plan review 8. Other Business Justin Bolz - Andolshek informed the EDC that there was an article in the Echo regarding Highway 371 in relation to the upcoming municipal consent process. He noted that this is becoming a big issue again. 9. Adjournment Meeting adjourned at 9:25 a.m. 1%�, Respectfully submitted, 2