3.8 Boards and Commissions Minutes

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EDC Minutes January 16, 2024 Page 3 of 5 Realtor asked what is the additional cost per lot, if any? Scott stated SAC/WAC fees (about $4000 total). Mark J. reminded the team that SAC/WAC fees were to be waived through for all lots on existing city sewer with a $250k market value. The project needs to start before the sunset of the waiver — need either yes or no on this from the Council. There is a 5-year sunset ... so there's still time for this waiver to take place — waiver is to encourage sale of lots in the city. Question from a Realtor: Is there a current offer or letter of intent out there that is active? Answer: Not currently. There's talk out there, but nothing official. Tyler Glynn noted that really that EDC/City has two options with this property — the City can sell all lots to a developer/buyer or go through the process of interviewing realtors and find one that best fits. Mark Hallan says the true goal is to sell the lots and have residential structures built and occupied to bring in tax revenue. We're not looking to have these lots be an investment, we want the lots built on. Kyle Narveson stated there's likely a developer's agreement that would take place with the timing of how many houses are to be built now vs. in a year etc. He also wondered who maintains the City park/playground that is in the development. Scott Pederson said the City maintains and would continue to maintain it. Commission Holley reiterated that she has removed herself from being a part of selling the lots as a realtor herself. Chair Lottman stated this will likely be on the agenda in February where we plan to talk with Realtors individually. He thanked everyone for coming. Moving on to the 371 Billboard designs provided by Joshua Johnson with Upland Advertising and Design. This would be for one side of the sign (north side) on 371, the cost through Upland is $1550. Scott is looking for a recommendation from EDC on what photo to use, with the hopes of this billboard being changed out every 6 months. Chair Lottman then talked about the branding campaign, should the sign be a part of that? Are these photos City Logo, the answer is no. Lottman agrees that the sign needs to be done, but not with these photos presented at this time — it needs to be a part of the branding campaign that the EDC is working towards. Realtor Colten Maher agreed and said the branding needs to start from ground zero and tell the story. Logo/branding/messaging - what is the 'one' word that brings us together as a whole? Commission Holley said the Bobber needs to remain a part of the brand, we're recognized by the Bobber Water Tower, like it or not.