At this morning's EDA meeting, several actions were taken.
First, we reviewed and final 2006 work plan assignments; the person in parenthesis for each item is the point person person for that initiative. These initiatives include, but are not limited to:

- Enhancing the relationship and communication between the EDA and City Council (Bill Cowles)
- Implementation of the Q-Block redevelopment project (after the Master Plan has been approved and adopted by Council) (Galen Malecha)
- Increasing land resources for business and industrial expansion (Rick Estenson)
- Monitoring Rice County economic development initiatives (Dixon Bond)
- Business Retention and Expansion (BRE) (yours truly)
- Housekeeping - review of EDA organizational structure and practices (Bill Cowles)
Next, we approved a funding request of $45,000 for the Northfield Enterprise Center. This was planned and budgeted last year. The NEC was initially founded as an initiative of the EDA, and the NEC mission is viewed as an implementation arm of the EDA's function as a body.
Since we were in the mood to spend money, we also approved a $5000 contribution to the Southern Minnesota Initiative Foundation, which has provided grants, loans, management and technical assistance to several core Northfield businesses, such as All-Flex, the recent recipient of the Chamber's "Business of the Year' award for 2006. This expenditure had also been planned and budgeted for 2006.
Then we approved the commitment to issue a lease revenue bond to fund the construction of the new community swimming pool. There was some discussion about the timing and advisability of this move, in light of several factors including the potential for partnering with the prospective YMCA, but the resolution was approved on a 4-2 vote.
Finally, there was some discussion of the move of College City Beverage from Northfield to Dundas, including the desire to learn as much as possible from both the process and the outcome, and create and inform new strategies for business retention as much as lies within our power given our limited land options.
That's a wrap.