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tNF4RMAT10N <br />MEMORANDUM <br />TO: City Council <br />FROM: Annie Deckert, Director of Economic Development <br />DATE: 11 July 2011 <br />SUBJECT: Sherburne County Economic Development Authority <br />On August 5`'', 2008 the Sherburne County Commission adopted a resolution enabling <br />creation of an Economic Development Authority, excluding the power to levy. <br />On May 315C, 2011 the Sherburne County Commission appointed Annie Deckert, Director <br />of Economic Development to the Economic Development Authority Board (District 1) for <br />a two year term. <br />The EDA has since met twice to establish a business subsidy policy, agreement and TIF <br />District proposed to be used to facilitate construction of an approximately 65,000 square <br />foot expansion to the existing Appert's Foodservice facility in Haven Township. Staff will <br />continue to attend meetings as needed and update the Council as necessary. <br />