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MEETING OF THE PEQUOT LAKES <br />ECONOMIC DEVELOPMENT COMMISSION <br />SPECIAL MEETING <br />TUESDAY, DECEMBER 12, 2023 <br />Members Present: Chair Matt Lottman; Commission Members Mark Hallan, Bradley <br />Becklin, and Sheila Holley <br />Member Michelle Lelwica arrived at 8:07 a.m. <br />Members Absent: NA <br />Other Staff Present: Angie Duus, City Administrator; Traci Pederson, Zoning <br />Administrator; Scott Pederson, City Council Liaison; Nick Roy, <br />Public Works Supervisor; Andy Schwartz, Sewer & Water <br />Operations Manager <br />Call Meeting to Order <br />The meeting was called to order by Chair Lottman at 8:00 a.m. <br />2. Marketing Discussion <br />Chair Lottman stated he liked the idea of what other areas (brought up South Dakota) do <br />in bringing in up to 3 bids on projects. Feels this is a good process to work with — would <br />like to see 2 more bids come through in addition to the marketing company already <br />sought out. Commission Holley agreed it's a good idea. <br />COMMISSION HOLLEY MADE A MOTION TO CONTACT 2 OTHER COMPANIES <br />FOR MARKETING. COMMISSION HALLAN SECONDED THE MOTION — AND <br />ADDED HE'D LIKE A PROPOSAL, NOT AN ACTUAL BID. MOTION CARRIES 4-0. <br />Chair Lottman stated he'd contact a few people/companies, Commission members <br />Hallan and Holley will as well before the next meeting. Council Liasian S.Pederson <br />asked if this marketing was different than what Tyler Glynn was offering with BLAEDC. <br />Pederson believes Glynn should be included in this mix for website reasons. Glynn had <br />previously offered to help with the website (Glynn was trying to attend virtually, but we <br />were having technical difficulties, he was able to attend virtually later in the meeting for a <br />short time). <br />3. Trailside Estates <br />S.Pederson gave some history on this topic: Original owner/developer went <br />bankrupt, property went to the bank — City purchased lots at $12,500 each — 20 <br />lots remain with the revised plat. City took the properties to 3 contractors and <br />Thomas Allen homes was to come in and build — purchasing the lots at $20k <br />each. Before the sale happened, the market plummeted, and they pulled out of <br />the deal. So, here we are now. The idea was to purchase the lots and sell them <br />quickly — not to sit on them as we are now. We need houses built, not for an <br />investor to come in and purchase the lots and sit on them — we're looking for the <br />