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HomeMy WebLinkAbout4.1a Business Inquiry 5-10-22 Business/Development Inquiry To: Honorable Mayor Bailey and EDA Members From: Gretchen Larson, Economic Development Director Jaime Mann, Assistant to the City Administrator Date: May 6, 2022 Activites that have taken place in the community that may have a potential impact on economic development activity: Discussion Staff Action April 18-May 2 Meetings were held for several weeks with community partners CPR, Xcel, DEED, OPUS, and the Greater MSP to discuss Project Logic with their site selector. The city is one of five locations selected for further review as a location for a manufacturing company looking to expand in the Metro area. The Executive Director authorized a TIF analysis to be completed by our team at Ehlers. We will update members accordingly once additional information is available. Planning ICSC Staff continues to work on planning for the event which takes place in Las Vegas May 22-24. Work on marketing materials and website updates are on-going. April 19 Staff met with the Chief Demographer for DEED, Tim O’Neill to discuss services that they can provide to the city. After the meeting, Tim provided staff with a comprehensive update of our population, educational, income, and workforce demographics which we will use to update the website. April 25 Staff met with Rick Roy, Director of Workforce Initiatives for Washington County to discuss opportunities to work together to assist our businesses with finding and retaining skilled workers. Meeting, April 27 Assistant Mann attended the Chamber Showcase committee meeting for planning final details of the event Event, April 30 Council and Staff were on hand to represent at the City of Cottage Grove booth at the Chamber Community Showcase at the Park Activity Center. There was a great turnout at the event and lots of interest from citizens in the development happening in Cottage Grove. Ribbon Cutting, May 5 Mayor Bailey, City Administrator Levitt, Communications Manager Longaecker, Economic Development Director Larson, Community Engagement Officer Schoen, and Assistant Mann attended the ribbon cutting for the grand opening of Basic Needs Thrift Shop in Cottage Grove.