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EDC Minutes June, 16, 2020 Page 2 of 4 ----------------------------- Commissioner Becklin verified that the cost is per acre is $45,000. Commissioner Lelwica asked where the money for the BDPI grant were coming from. Ms. Duus stated the funding will be taken from the Business Park Fund. 5. Business Relief Considerations Commissioner Becklin said that he was looking for ideas on how to help the businesses in Pequot Lakes and asked if anyone had ideas or thoughts on it. He stated that the businesses are struggling. Ms. Duus informed the Commission that the City Cou �o�f�ered some incentives to residents and businesses. She stated that in Ma %�,��E;June they approved a finro thirds reduction in businesses liquor licenses e that Crow Wing �ii y�� County had done something similar with their liqi�licen �- he Council waived water and sewer late fees from March to June. Gro(u Coun also is offering � a relief program to residents and busines�es affected by COV ,�� to pay property taxes by July 15t�. She also staf�d that there are links o ,,,C�y �,. website for state programs or services to help busir�eSses with loan;��grants. Ms. Duus also stated that there is the Lakes Cour�fry Cares Websit�that has a lot of resources for businesses. „y,� ,. Vice Chair Rieck stated the Ini�� oundation h��web�site that could be ,� �, useful and she saw a grant call� a'��q�lice Emerg�i=i�y COVID-19 Grant which is for$10,000. She said if �s`�e rern'��right�t was leaning towards � � ��,,�;�. d� women owned businesses and mir�rit,��usin� � :�She stated according to the � �, article in the Her�Va��e Pequot Lakc��ias a lot �� emale owned businesses in town that co�t��possibl�i�t�Ualify. �; � y� Tyler Glynn sai��fi the �or�mission has me additional people looking for resou��e��hey cai�=get iri ft��Fi�A►it#�him��He stated BLAEDC has access to in��;'��rants th�at are sitting�out there. He stated that some of them are a ,� ��1e tough to� � nd with some of them the money runs out very quickly when ' �1� grant becorr��vailab�e:�.�E stated another thing to potentially consider is if ��,�are's money�mes through to the County and to the Cities, there will be ad��al funds th��►rill be dispersed that have to be used for COVID-19 respo'��. 6. School Upd�, No update w�'�given. 7. Chamber Uadate Katie Wassermann stated the Chambers official press release was sent out to the media June 15, 2020 and they are moving forward with our summer events in an adapted and a social distance friendly way that follows the state guidelines. She said they eliminated all the Chamber planned activities, such as the parade and high touch activities like corn hole tournament, bouncy houses, and a rock climbing wall. She stated there will still be fireworks, bands in the park, and a