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INFORMATION #2 11-05-2012 Cay Elk REQUEST FOR ACTION River TO ITEM NUMBER Housing Redevelopment Authority INFORMATION AGENDA SECTION MEETING DATE PREPARED BY November 5, 2012 Annie Deckert, Director of Economic Development ITEM DESCRIPTION REVIEWED By Downtown River's Edge Business Update Cal Portner, City Administrator REVIEWED BY ACTION REQUESTED None. BACKGROUND/DISCUSSION Staff attends the monthly Downtown River's Edge Business Association meetings to maintain our relationship with the downtown businesses. The purpose of this memo is to provide the HRA with updates regarding the downtown businesses. Sweet P's Candies and Ice Cream Recently began serving coffee, cappuccino,hot cocoa, donuts and cookies in efforts increase business as we move into the colder season. Sweet P's is located at 707 Main Street and now will open daily at 8 a.m. Granite Shores Staff worked with HRA attorney Jenny Bolton from Kennedy and Graven to determine SAC and WAC fees for Granite Shores as outlined in the TIF agreement. It was determined that upon development, the developer pre-paid one SAC/WAC unit for every 3,000 square feet of commercial space. Therefore, there is one unit credited to the total fee for every 3,000 square feet. Conversations with Building Official Bob Ruprecht indicated that office uses would most likely not have to pay additional charges; an advantage to marketing the available commercial space of Granite Shores. This information was communicated with all parties. Ella's In late August, Ella's, a locally owned shop featuring antiques,vintage collectibles and Shabby Chic opened at 825 Main Street (formerly Uniquely Yours). Ella's is an occasional store open Tuesday through Thursday the 2nd and 4th week of each month from 10 a.m.-6 p.m. For more information,visit Ella's blog at www.shopatellas.blogspot.com/. Ella's celebrated their grand opening on November 2nd and 3rd with refreshments and drawings for prizes for those who brought donations of hats, scarves or mittens for CAER. Halloween Downtown The Downtown River's Edge Business Association, Elk River Parks &Recreation Department and Economic Development Department partnered to host the annual downtown Trick-or-Treating event on POWERED Br N:\Departments\Community Development\Economic Development\HRA to move\Agenda\Year2012\11-5-12 NATURE Agenda\Rivers Edge Update.docx October 26. All parties involved indicated the event was a huge success;roughly 300 children visited downtown businesses by 3:00pm (event lasted until 5:00pm). The pumpkin roll event raised$300 towards the purchase of a tree and tree stand for the holiday tree lighting event. FINANCIAL IMPACT None. Action Motion by Second by Vote Follow Up N:\Departments\Community Development\Economic Development\Downtown Revitalization\Rivers Edge\2012\11-5-12 to FIRA.docx (ht' ,,7trr/,'d ,,j ip • /r/ / itei � �" 825 Main Street Elk River, MN 55330 (next to Elk River Exteriors) Patsy Gilgenbach-owner Ella's is located in a cozy 1900 Elk River home. It's intimate setting is the perfect shopping venue for finding the latest finds of vintage home decor An Occasional-Marketp(ace and garden treasures;an eclectic mix of Beautiful., afforda6Ce,funct onaff lids accessories help achieve just the right effect! that raced homes,of the*. Open every 2nd & 4th week monthly g f Tues. thru Fri. 10-6 Sat. 10-4 Uun t rots4 t ilas grand opening! Fri No,. 2 & Sat \oi Pt A — '' 2012 Dates: Holiday Dates: 2013 Dates: , ' �" ��. " Oct 23-27 Dec 4-8 Jan 15-19 i Nov13-17 Dec 11-15 Jan 29-Feb 2 ,T Nov 27-Dec 1 Dec 18-22 Feb 12-16 ' , More 2013 dates to come! '' &.&°eb.e'vo&°t'o°&°-iii-6-6-ei-6-6-C. 763-635-0063 www.shopatelCas @6Cogspot.corn `� find us on cF'ace600k.i