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HomeMy WebLinkAbout2011-07-12 PACKET 04To: Economic Development Authority From: Ryan R. Schroeder, City Administrator Date: July 8, 2011 Subject: Development Update Building Permit Activity: With 8 new permits for July we are now at 24 new homes for 2011. That compares to an average since 2001 of 102 units year to date, 2007 -09 performance of 49 units YTD and 2010 of 19 units YTD. In a comparison to 2010 performance the 2011 activity puts us on a pace of 56 units for the year although given our restricted lot count it should be expected that we will drop below that activity level. At the time of preparation of this memorandum I have not yet received data on commercial permits. Home Depot: We will provide a verbal update CottageView Theater Site: We will provide a verbal update PSCH: On June 24, 2011 City Council provided direction to proceed to the bid stage for this project. As a best value bid process this stage will take a bit longer than the more traditional low bid process. As a result it is anticipated that bid award will occur on September 21, 2011. Community Center/ YMCA: The City Council has held a workshop on this project with consensus to go forward with discussions with the YMCA. We have a meeting scheduled with the Y for July 11 and will provide an update from that meeting. Ribbon Cuttings/ Ground Breakings: On July 15 at 3PM we will be hosting a ribbon cutting for the El Sol Mercado located on the private drive south of 80 Street (7155). This Mexican grocer has been in business for about the past four months. We have just recently scheduled a ribbon cutting for White Pines Phase II for August 12 during their grand opening. The actual ceremony will be at 10AM. We have noted the 50 Anniversary for the Tom Moy Restaurant. At least in recent memory we have not had a mechanism to celebrate significant tenure dates for community businesses and should have some discussion on how to proceed with recognition of long standing business partners. Other: There is a purchase agreement on the former ICHOR building with a mid August closing date anticipated. This is for an end user that we initially began working with back in the 2003- 2005 timeframe. Instead of relocating from their existing building they expanded and will continue to operate out of that building in a nearby community. The ICHOR building will become their corporate headquarters with a portion of their production activity. CITY OF COTTAGE GROVE MINNESOTA To: Economic Development Authority Members From: Kenneth Smith, Community Services and Communications Coordinator Date: July 7, 2011 Subject: BR &E Update The Business Journal prints filings for new corporations and assumed names. Most are home based businesses. Hippo Golf USA 11465 Kingsborough Trail S. June TLJA Systems 8623 Jenner Lane S. June Charming Keepsakes Inc. 10920 Kingsborough Court June DBX Inc. 8443 Jasmine Ave. June NJoy Home Hedgecroft LLC 6190 Hedgecroft Ave. June Relevant Leadership 7521 63rd St. Circle S. June Vincent Precision Machining LLC 7510 113th St. S. June Joel W. & Lisa M. Cordes LLC 9458 Dujnes Ave. S. June Pamela Randall LLC 8768 Imperial Ave. S. June Anjalina Boutique 7802 Hemmingway Ave. S No 1 June Houston Mortgage 11510 Kingsborough Trail June Just 4 Kidz USA LLC 7744 Janero Court June Urban Game Outfitters LLC 10515 Gray Cloud Trail June ZK Investors LLC 7100 Meadow Grass Ave. June CSD Medical LLC 6915 Timber Ridge Drive S. June Donatelle Produce LLC 8410 Foothill Road June Rise & Shine Daycare 8884 Greenway Ave. S. June Clean Initiative 6738 Meadow Grass Lane S. June Brian's Tool Box LLC 8026 Hyde Ave S. June Murphy's Auto Repair LLC 9138 92nd St. June Nowield Consulting LLC 8679 Jenner Lane June Seasonal Works LLC 8101 Homestead Ave. June Papa Belle's Inc. 7915 Jeffery Ave. July Condo6 LLC 7180 Imperial Ave. S. July King Restorations & Roofing LLC 7325 Iden Ave. S. July My Back Spin LLC 6882 74th St. S. July Randi Detting Photography 6716 Highland Hills Lane S. July Andene Wellness Corp 8612 Jenner Lane S. July HemoGear 8322 Iverson Ct. S. July EDA Action: Information Only