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2.0. HRSR 04-12-2021 The Elk River Vision A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community engagement that encourages and inspires prosperity. Updated: August 2020 Request for Action To Housing and Redevelopment Authority Item Number 2.0 Agenda Section General Business Meeting Date April 12, 2021 Prepared by Colleen Eddy, Economic Development Specialist Item Description Main and Gates Redevelopment and Downtown Discussion Reviewed by Cal Portner, City Administrator Reviewed by Action Requested Item presented for informational purposes. Background/Discussion At the April 5, 2021, HRA Work Session, the Commission started the discussion for developing a plan for the Downtown Corridor, however, time was limited. Tonight, the HRA will continue this discussion. The HRA hosted a Developer Forum on April 8, 2021. Tonight, staff is looking for direction from the Commission on the next steps and the development of a Request for Proposal for the Redevelopment Project. 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 • Elk River Downtown Subarea Plan o�N a,c,0000 r -i r -I N N N N 0 0 0 0 0 0 N N N N N (N r» en rn M m 00 rl ri N N N e -I 0000 0000 -:3- —1 a\ -I N OLn m 00 Ln a) O O O V�^ 00 �L 0 0 1n 01 N d O O N te-1 O ►!1 O V1 O O � H N 0o rn m H N N 01 0100 0 10 \ 01 In N N V1 O Vt ri N t/L �/} .M U° N m -1 M L Ln n N M Q N N CC M U o Q N J W OA O1 (L) 9 on 41 O tto w W d W W 41 O O N Z41 � Z Z In LU Z C 0� y N ++ t— 0�0 N m C h L+L+ +r O Q .� l/ 1 O N w a•+ J =to .0t -a N C A ii ch 00 eq o H J 00 r -I i rn � � M 1n 1n 1n 3 0 1l Q. j � O V 4 U U (� 75 J J o Ln I U O a� ,V to to = G. 1z U 'a N W 0 V L C C C Cc C G U L- c W W vl •41 M b. J m V U U U F-