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7.2. HRSR 04-04-2022 �J etyof ElkRequest for Action River To Item Number Housing and Redevelopment Authority 7.2 Agenda Section Meeting Date Prepared by General Business April 4, 2022 Brent O'Neil, Economic Development Director Item Description Reviewed by Main and Gates Redevelopment Update and 2022 Cal Portner, City Administrator Maintenance Reviewed by Action Requested Updates presented for information and discussion. Background/Discussion The proposers (4125 Sub S Corp Team) of the Main and Gates development have been refining their project and looking for ways to deliver the project with a minimal request for public assistance. Further,with spring approaching,the HRA will need to have a maintenance plan for lawn care. Last year, Super T's Lawn Care mowed the site on an as-needed basis, and as frequently as weekly. This service was billed at$200 per time, and Super T's has proposed a similar arrangement in 2022 for the same amount. Financial Impact It is estimated to cost $2,000 for property maintenance costs in 2022,which was included in the 2022 HRA budget. Mission/Policy/Goal The goal of the HRA is to promote certain housing and redevelopment projects. Attachments • N/A The Elk River Vision A Y�elcoming community nvith revolutionary and spirited resourcefulness, exceptional P U W E H E o s r service, and community engagement that encourages and inspires prosperity ,g /` UR