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EDC Minutes <br />February 20, 2024 <br />Page 3 of 5 <br /> apartment building and talk happening with the lot at United Methodist Church – <br />Mark will continue to be involved and aware of these areas. <br /> <br />Corey Bergquist talked about Work Force Housing and his desire to bring this to <br />the area, particularly in the Trailside Estates development. Corey expressed his <br />passion on this topic. He’s looking to build homes that would sell for <br />approximately $230k. Corey wants to build quality homes with integrity, not <br />cheap homes that won’t last in the end. He’d like to see this happen soon before <br />costs go up once again (right now he’s charging $140-$160 sq ft). Workforce <br />Housing is a home that someone outright pays for, there’s no ‘help’ along the <br />way with another entity paying a portion of the home. Corey is from the area and <br />wants to see Pequot Lakes continue to grow and allow the average homeowner <br />to live here. <br /> <br />Mark J. and Corey to connect more on Workforce Housing and how they can <br />work together. Corey said he’ll continue to attend the EDC meetings as he’s able <br />to stay in the loop and have an understanding of where things are at and where <br />they’re going, particularly with Trailside Estates. <br /> <br /> <br />7. EDC Goals <br /> <br />Nothing to report currently. <br /> <br /> <br />8. BLAEDC Update <br /> <br /> Tyler Glynn stated he and Commission Lewica have met and will continue to meet <br />regarding the website, they’ll bring their findings to the EDC, including pricing to <br />get things off the ground. Of the branding/marketing groups that Tyler reached <br />out to previously one stated they’re not interested in working with a city <br />municipality. He’s working with two others to meet and find out what they’ll charge <br />– that meeting will be held with Angie as well, City Administrator. If these <br />companies don’t work out, we can look to see what some local businesses can do <br />for us. More to come. <br /> <br /> <br />9. Trailside Estates Update <br /> <br /> Traci to draft a letter to all current homeowners, our Attorney will approve the <br /> letter – this will be step one. The ultimate new goal is to have everything done by <br /> October 1, mainly due to the annual taxes that the current homeowners would <br /> have to pay up front before a final plat is recorded. We’re very willing to work <br /> with a developer if that opportunity presents itself. <br /> <br /> <br />10. Marketing and Branding Presentations <br /> <br /> All marketing/branding is on hold until Tyler and Michelle find out more.