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HomeMy WebLinkAbout3. EDC Agenda Memo 10-24-23City of Lakeville Community & Economic Development Memorandum To: Economic Development Commission From: Tina Goodroad, Community Development Director Copy: Kati Bachmayer, Economic Development Coordinator Justin Miller, City Administrator Date: October 18, 2023 Subject: EDC Agenda Memo At our next meeting, on October 24th, we will have a brief presentation by Lucas Ritchie, Civil Engineer in our Engineering Department, highlighting the transportation improvements that have been completed this year, what’s planned for 2024 and an update on the crosswalk study recently completed. Business survey results are in! The National Business Survey was conducted by POLCO. All private sector businesses were eligible to participate. The survey was open seven weeks after a few extensions to encourage more participants. We ultimately received 207 responses resulting in a 13% response rate. We will have a presentation that provides a summary of each survey question. The Community and Economic Development website page updates are completed, and we will share the new customized site during the meeting. Project Updates: The 2023 Manufacturing Appreciation event was a success with over 75 attendees. This year we had a great panel on automation in manufacturing featuring Tim O’Neill from DEED, Tom Schmeling, President and CEO of Dalsin Industries and Bob Kill, President and CEO of Enterprise MN which is a business consulting organization that works exclusively with Minnesota manufactures to help them compete and grow profitably. Development Updates will be provided at the meeting. Marketing Efforts: Fall is a big outreach month with several events that include a Lakeville Works Teacher Tour, Kati and Tina are the featured presenters at this month’s Good Morning Lakeville and we will also be hosting a booth at the MNCAR Expo.