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ITEM 1 7. <br /> • <br /> City of <br /> Elk <br /> River <br /> MEMORANDUM <br /> TO: Economic Development Authority <br /> FROM: Catherine Mehelich, Director of Economic Developmen f' <br /> DATE: January 12, 2004 <br /> SUBJECT: Consider Proposal from The Brimeyer Group, Inc. for the <br /> Update of the Economic Development Strategic Plan <br /> Attachments <br /> • Proposal for Consulting Services,The Brimeyer Group, Inc. <br /> Background <br /> 410 The Economic Development Strategic Plan provides a framework for the Commissions to <br /> work within and focuses staff energies on those priority areas important to the economic <br /> health of the City. <br /> The first Economic Development Strategic Plan was adopted in May 1997. At its two-year <br /> anniversary in May 1999,the EDA determined that the original Strategic Plan should be <br /> updated. It is now 4 years since the most recent revision to the 2000-2003 Plan.The EDA <br /> has included in its 2004 budget an amount up to $3,500 for the update of the Strategic Plan. <br /> At its December meeting,the EDA supporting an update of the Strategic Plan and directed <br /> staff to continue discussions with Jim Brimeyer, of The Brimeyer Group,to outline a <br /> proposal to include the process, cost and timeframe to complete the Plan update. <br /> Proposal from The Brimeyer Group. Inc. <br /> The attached proposal is consistent with staff's discussions with Mr. Brimeyer. Staff and <br /> Mr. Brimeyer recommend that the process include the following participants,totaling 27 <br /> people: <br /> • EDA Commission <br /> • HRA Commission <br /> • City Council <br /> • EDA Finance Committee <br /> • EDA Business Incubator Advisory Committee <br /> • • EDA Marketing Committee <br />