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ITEM 5. <br /> ELK RIVER ECONOMIC DEVELOPMENT AUTHORITY <br /> MEMORANDUM <br /> TO: Economic Development Authority <br /> %CROM: Paul T. Steinman, Director of Economic <br /> Development <br /> DATE: December 5, 1996 <br /> SUBJECT: Strategic Planning <br /> I. PURPOSE OF MEMO <br /> The purpose of this memo is twofold: <br /> • Identify possible worksession dates/times for discussion of strategic <br /> planning issues; and, <br /> • • Outline specific objectives of that worksession. <br /> II. OVERVIEW <br /> The Strategic Planning Task Force recently held a meeting to outline <br /> an action plan for each of the following four primary economic <br /> development issues identified: <br /> • Industrial base <br /> • Business retention/growth <br /> • East Highway 10 development/redevelopment <br /> • Downtown redevelopment <br /> After initial discussions by this Task Force of a potential action plan <br /> for the industrial base issue, it appeared the Strategic Planning Task <br /> Force may not be the most appropriate group to undertake this <br /> activity. It was suggested by members of the Task Force that the <br /> action planning for the industrial base issue be completed by the EDA, <br /> given their more comprehensive understanding of this issue. <br /> After the EDA's completion of action planning on the industrial base <br /> issue, the Strategic Planning Task Force will reconvene for its possible <br /> 13065 OronoParkway •-P. O. Box 490 • Elk River, MN 55330-1743 • (612) 441-7420 • Fax (612) 441-7425 <br /> Equal Opportunity Housing and Equal Opportunity Employment <br />