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HomeMy WebLinkAbout2000.04.04 MINUTES • • CITY OF COTTAGE GROVE ECONOMIC DEVELOPMENT AUTHORITY MINUTES APRIL 4, 2000 SPECIAL MEETING Pursuant to due call and notice thereof, a special meeting of the Economic Development Authority was held at City Hall, 7516 80th Street South, Cottage Grove, Minnesota on the 4th day of April 2000. CALL TO ORDER The meeting was called to order at 7:35 a.m. by Jim Wolcott. ROLL CALL Members Present: Jack Denzer, Shannon Green, Glen Kleven, Dick Pederson, Gerard Weingartner, Jim Wolcott. • Members Absent: Fred Luden. Others Present: Ryan Schroeder, City Administrator Michelle Wolfe, Assistant City Administrator. BUSINESS ITEMS 1. Strategic Plan: The EDA reviewed the goals listed on page 3 of the draft Strategic Plan document. Agreement was reached on six goals to be included. The EDA then had a brainstorming exercise to determine characteristics of the"perfect prospect". There was concern that we not artificially narrow the field. After discussion, there was agreement that prospects should be reviewed in the following areas: Ability to generate increased tax base, environmentally sound, livable salaries,financial health, be a participant in the community, and lot coverage. Further,when reviewing"start up"companies, the following should be considered: Do they have a market? Corporate track record? Pilot program? 2. Golf Course: EDA Members were apprised of the status of the liquor license for the River Oaks Clubhouse. 3. Grove Plaza: No news to report at this time. 4. Hotel: Project is moving forward, with the traffic study underway. ADJOURN Weingartner moved to adjourn. Denzer seconded. Motion carried. Respectfully submitted, \)\-103\)AkScka9-P • Michelle Wolfe Assistant City Administrator