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7.2. HRSR 03-01-2021 Request for Action Cir•ci Elk - River= To Item Number Housing and Redo ment Authority 7.2 Agenda Section Meeting Date Prepared by General Business March 1, 2021 Colleen Eddy, Economic Development Specialist Item Description Reviewed by Discuss Main/Gates Redevelopment Zack Carlton,Planning Manager Reviewed by Cal Portner, City Administrator Action Requested Discussion and follow-up from the February 25, 2021, special meeting. Background/Discussion At the February 25, 2021, HRA special meeting, the Authority discussed their vision for the Main and Gates redevelopment area. The consensus the Authority is open to redevelopment that includes a two-story building with professional services, medical/veterinary clinic, or efficiency type housing on the top level. Commissioners also discussed access to Gates and/or 3rd Avenue but did not support access to Main Street. Staff received direction to schedule a Developer's Forum to gather information,which will be utilized to create a request for proposals and promotional materials. Financial Impact N/A Mission/Policy/Goal The goal of the HRA is to improve existing housing stock by offering incentives or programs to repair and maintain residential properties. Attachments • N/A The Elk River Vision P O N E R E o s Y A welcoming community avith revolutionary and spirited resourcefulness, exceptional [NAWRE service, and community engagement that encourages and inspires prosperity. Updated.August 2020