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Economic Development Commission Minutes <br />January 17, 2011 <br />Page 2 of 3 <br />4. BLAEDC Update <br />Sheila Haverkamp provided a BLAEDC update as follows: <br />■ Glynlyon — a new company that recently located in Nisswa. The company <br />provides on-line educational products and curriculum. <br />■ BLAEDC' S— annual meeting will be held on J <br />■ BLAEDC is in the process of studying <br />initiatives to try to determine what can <br />entrepreneurialism. � <br />General Discussions/LJpdates <br />to <br />patterns and <br />Comn Plan — Vice Chair Jurchen noted that t mp Plan is not approved. He <br />noted that the City should no ell on this as t e many good things that <br />continue to be accomplished s e redesign o Bu�siness Park ordinance. <br />�' Lime Greenerv — Mayor Nancy A <br />purchased and wil named The <br />before Mother'� <br />� <br />� <br />Greenery has been <br />1ed to open three weeks <br />RFP — Uti tv � Stud The Clerk n that RFP's are being accepted for a <br />utility rate study ' w' i to t ouncil for consideration on February <br />7th <br />ture Goals - s sug o add this to the February EDC agenda. <br />Discussi as h on the number of existing businesses in Pequot Lakes who <br />have remai usiness for many years. Tommy Woog stated that the EDC <br />should prom the economic development gardening concept which is to grow <br />existing businesses in the City. He noted that this is something the EDC could do <br />by either inviting businesses to the EDC meeting or physically visiting businesses <br />and asking them what the EDC can do to help them. <br />Mayor Adams discussed the need for a revolving loan fund. She stated that she is <br />in the process of ineeting with local bankers to see if this can be accomplished <br />through the banks. <br />