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l Request for Action <br /> River- <br /> To Item Number <br /> Economic Development Authority 7.1 <br /> Agenda Section Meeting Date Prepared by <br /> Other Business October 21,2013 Brian Beeman,Director of Economic <br /> Development <br /> Item Description Reviewed by <br /> Project Updates Jeremy Barnhart,Deputy Director, CODD <br /> Reviewed by <br /> Action Requested <br /> None <br /> Background/Discussion <br /> The purpose of this report is to provide an update on the Economic Development Divisions' ongoing <br /> projects of interest to the EDA. <br /> Professional Service Bureau (PSB) <br /> Staff has held numerous phone conversations,meetings, and email correspondence in response to Mr. <br /> Briggs,who represents Professional Service Bureau (PSB). Options were provided including: 1. <br /> Purchasing the land at the EDA's set price, 2. Leasing the land for a temporary parking lot, 3. PSB to <br /> purchase the building and land then the City to work on a possible Tax Abatement. To this date, staff has <br /> not received a Tax Abatement application. Mr. Briggs remains rigid in is desire to purchase the property <br /> for 1$. <br /> Minnesota Manufacturing Week <br /> Mayor John J. Dietz will be making a proclamation at the October 21, 2013 City Council meeting to <br /> declare the week of October 21-26, 2013 as Minnesota Manufacturer's Week in the City of Elk River. <br /> Local tours will be provided to the local high school students as part of a cooperative effort to encourage <br /> local students to become interested in local manufacturing jobs and match student training with current <br /> manufacturing practices. <br /> Affiance Machine <br /> Held a Ribbon Cutting Ceremony October 21, 2013 at 11:30 a.m. The ceremony included a tour.All <br /> EDA members were invited as well as the Mayor and City Council and other key staff members involved <br /> with the project. <br /> r i E ® E 1 / 1 <br /> NATURE <br />