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Access to capital—The words are too general and the recession is not relevant. We need <br /> `.- to identify capital to come here regardless of economy. This section could be framed in a <br /> more positive way. <br /> The four-lane highway is imminent and needs to be identified. <br /> Page 16: <br /> Opportunities and Challenges—this will be completed later. The Economic <br /> Development Committee is developing a SWOT and is working with the Initiative <br /> Foundation. <br /> Principles— <br /> We need to market Pequot Lakes and what is has to offer; we need to do whatever we can <br /> to make the City attractive to customers. Line 30, change "be"to "remain" competitive. <br /> Line 36, expand why we are so unique. <br /> Line 13, change "many"to "some". The first two paragraphs may be too negative. <br /> Many businesses that are renters are unable to cash flow themselves. <br /> The School District also has an impact on the economic development. The extent may <br /> come out of the SWOT. <br /> PUBLIC HEARINGS: None. <br /> ADDITIONS OR DELETIONS TO AGENDA: None. <br /> OPEN FORUM: None. <br /> NEW BUSINESS: <br /> a. Metes and Bounds Subdivision,Beverly Rathcke— <br /> Mr. Marohn explained the Staff Report. Applicant was not present. Dan Kornelyk, <br /> property owner of the parcel to be consolidated into Tract A, was present. Staff informed <br /> the Planning Commission that the City is moving forward with vacating the portion of <br /> Front Street that is included in Tract B. Mr. Marohn explained the proposed conditions. <br /> After discussion regarding the sewage treatment systems, proposed conditions 2 and 3 <br /> were removed. <br /> A motion was made by Tom Adams, seconded by Scott Pederson,to approve the metes <br /> and bounds subdivision,based on the following Findings of Fact: <br /> Minutes 3 <br /> Pequot Lakes Planning Commission <br /> January 21, 2010 <br />