ECONOMIC DEVELOPMENT COMMITTEE (ended 3/2026)

Virtual

Agenda — 16 items

1. 1 The City of Madison is holding the Economic Development Committee meeting virtually to help protect our community from the Coronavirus (COVID-19) pandemic. 1. Written Comments: You can send comments on agenda items to edc@cityofmadison.com 2. Register for Public Comment: • Register to speak at the meeting. • Register to answer questions. • Register in support or opposition of an agenda item (without speaking). If you want to speak at this meeting you must register. You can register at https://www.cityofmadison.com/MeetingRegistration. When you register to speak, you will be sent an email with the information you will need to join the virtual meeting. 3. Watch the Meeting: If you would like to join the meeting as an observer, please visit https://www.cityofmadison.com/watchmeetings. 4. Listen by Phone: (877) 853-5257 (Toll Free) Webinar ID: 864 8125 5544
2. 2 CALL TO ORDER / ROLL CALL
3. 3 APPROVAL OF MINUTES Approve the Minutes
4. 4 PUBLIC COMMENT
5. 1. Public Comment - EDC 2/21/24 82125 Discuss and Finalize
6. 6 DISCLOSURES AND RECUSALS
7. 7 NEW BUSINESS
8. 2. Amending the Land Banking Fund Policy to add urban agriculture as an appropriate secondary use for properties acquired through the fund. 81656 Return to Lead with the Recommendation for Approval
9. 3. Providing Golden Vibes Counseling Center or its assigns a $200,000 loan to purchase a commercial property at 825 Williamson Street through the Commercial Ownership Assistance program under the Small Business Equity and Recovery Program (SBER) using the American Rescue Plan Act of 2021 (ARPA) aid Local Fiscal Recovery funds and authorizing the Mayor and City Clerk to sign an agreement with Golden Vibes Counseling Center or its assigns for that purpose. (District 6) 81906 Return to Lead with the Recommendation for Approval
10. 4. Selection of the Madison Region Economic Partnership (MadREP) to administer the City of Madison's BizReady Program 82124 Discuss and Finalize
11. 11 DISCUSSION ITEMS
12. 5. Discussion Regarding the 2025 City Budget 82123 Discuss and continue
13. 6. City of Madison Economic Development Plan Update 82118 Discuss and Finalize
14. 7. Economic Development Division Financial Assistance Dashboard 81529 Discuss and continue
15. 8. Announcements and Future EDC Agenda Items Discuss and continue
16. 16 ADJOURNMENT Adjourn