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Request for Action <br />To <br />Item Number <br />Economic Development Authori <br />6.3 <br />Agenda Section <br />Meeting Date <br />Prepared by <br />General Business <br />March 19, 2018 <br />Amanda Othoudt, EDD <br />Item Description <br />Reviewed by <br />Director's Report <br />Cal Portner, City Administrator <br />Reviewed by <br />Action Requested <br />Information presented for discussion only in an effort to keep the EDA updated on development <br />activity. <br />Background/Discussion <br />BUSINESS VISITS <br />Three BR&E visits have been conducted. One more is scheduled. Please RSVP if you are able to attend. <br />BUSINESS INQUIRIES <br />Staff has received 13 site inquiries since January. Inquires come from a variety of sources including <br />DEED, Greater MSP, our website, and events staff attends. <br />MISCELLANEOUS <br />Beautification Awards <br />Staff is advertising our beautification award program on our social media outlets and platforms. Our first <br />applications of the year are expected to roll in soon for the May EDA meeting. <br />Revolving Loan Fund Balance Reports <br />At the request of members, a copy of the Revolving Loan Fund report is attached. <br />Financial Impact <br />N/A <br />Attachments <br />■ Revolving Loan Fund Report <br />The Elk River Vision <br />A zrelcoming community aa)ith revolutionary and spirited resourcefulness, exceptional p p W E R E u 0 r <br />service, and community engagement that encourages and inspires prosperity INATUPE] <br />