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5.0. 6.0. 7.0. HRSR 06-26-2000 ELK RIVER HOUSING AND REDEVELOPMENT AUTHORITY 1111 MEMORANDUM TO: Housing & Redevelopment Authority FR M: Marc Nevinski, Assistant Director of Aje Economic Development DATE: June 26, 2000 SUBJECT: Meeting Agenda 5. Consider Appointment of Catherine Mehelich as Executive Director Action Requested Staff requests that the HRA consider a motion appointing Catherine Mehelich as Executive Director. 6. King &Main Update • Staff will provide a verbal update on the progress at King & Main. 7. Discussion of Potential Redevelopment Projects Issue With the sale of the King & Main site, the HRA may wish to consider identifying other potential redevelopment projects in the Central Business District or along East Highway 10. Staff requests that the HRA discuss projects it may like to address. Background The Economic Development Strategic Plan lists a number of actions steps for redevelopment in the Central Business District and along Highway 10: Central Business District (Downtown) • Develop criteria for designating redevelopment areas. • Identify redevelopment areas. • Consider hiring a consultant to design a redevelopment plan for downtown. • Develop design guidelines for redevelopment in the CBD. II • Issue Request For Proposals for redevelopment sites in CBD. P.O. Box 490 • 13065 Orono Parkway • Elk River, MN 55330-1743 • (612) 441-7420 • Fax: (612) 441-7425 Equal Opportunity Housing and Equal Opportunity Employment • Further explore the concept of facade grants in cooperation with local banks. • Continue work on CBD action plan. • Construct database of downtown businesses • Continue marketing King and Main site for redevelopment Highway 10 • Develop criteria for designating redevelopment areas. • Identify redevelopment/development areas. • Develop database of east Highway 10 properties. • Consider locating additional sites for Elk River monument/entry signage. • Examine use of Redevelopment Financing Program along east Highway 10. Action Requested Staff requests that the HRA discuss possible redevelopment projects it may wish to undertake.