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7.2. EDSR 04-15-2019
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7.2. EDSR 04-15-2019
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Request for Action <br /> <br /> <br />To Item Number <br />Economic Development Authority 7.2 <br />Agenda Section Meeting Date Prepared by <br />General Business April 15, 2019 Amanda Othoudt, EDD <br />Item Description Reviewed by <br />Director Report Cal Portner, City Administrator <br />Reviewed by <br /> <br /> <br />Action Requested <br />Information presented for discussion to keep the EDA updated on development activity. <br /> <br />Background/Discussion <br />BUSINESS VISITS <br />Completed four BR&E visits with three more scheduled over the next few weeks. Please RSVP if you <br />are able to attend. <br /> <br />MISCELLANEOUS <br />Site Selector Guild Conference <br />Staff attended the Site Selector Guild Conference this week with our representatives from DEED, City <br />of Becker, Greater MSP, GRE, Xcel, and APEX. As part of our sponsorship, our delegation hosted a <br />lunch with 12 guild members that work specifically in Minnesota. Everyone had an opportunity to pitch <br />their community to the consultants and create a dialect of questions and good conversations about the <br />amenities of our region. <br /> <br />Business Subsidy Reporting <br />All the state reporting forms have been submitted by the April 1 deadline. <br /> <br />Revolving Loan Fund Balance Reports <br />At the request of Commission, a copy of the Revolving Loan Fund report is attached. <br /> <br />Financial Impact <br />N/A <br /> <br />Attachments <br /> Revolving Loan Fund Report <br /> <br />The Elk River Vision <br />A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community <br />engagement that encourages and inspires prosperity <br />
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