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Update of Strategic Industrial Marketing Plan <br /> May 13,2002 <br /> • Page 2 f 2 <br /> *Action Plan for implementation years 2003 through 2005 <br /> * Success Factor Measurements <br /> The proposal includes utilizing the EDA's Marketing Committee, comprised of community <br /> leaders/business persons, for the Plan assessment and brainstorming components. <br /> Recommendation <br /> The cost for updating the Strategic Industrial Marketing Plan has been included in the 2002 <br /> Economic Development Department budget. Duckor&Associates proposes a professional <br /> services fee of$8,000 for the completion of the Plan update. <br /> Staff recommends the EDA accept the Duckor&Associates proposal for the update of the <br /> City of Elk River Strategic Industrial Marketing Plan 2003-2005. <br /> • <br /> • <br />