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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 June 17, 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 eleven BR&E visits with more scheduled over the next few weeks. Please RSVP if you are <br />able to attend. <br /> <br />MISCELLANEOUS <br />Anoka Technical College Foundation Board <br />I was appointed to the Anoka Technical College Foundation Board this week, replacing Dan Weber of <br />Sherburne County. Anoka Technical College Foundation was established in 1987 to provide support to <br />deserving Anoka Technical College students and college programs. The foundation has provided more <br />than $2,000,000 to support students and college programs. I sit on the Awards Committee. Each <br />semester, the awards committee provides scholarships ranging from $500 to $2000 are awarded to <br />students. The EDA, Sherburne County and The Elk River Chamber support this foundation through the <br />Connect the Dots event, their major fundraising event each year. <br /> <br />Economic Development Association of Minnesota (EDAM) Summer Conference <br />Colleen and I attended EDAM’s annual conference. The EDA sponsored the keynote speaker, and I had <br />the pleasure of introducing David Ollila, President and Chief Innovation Officer of Skypoint Ventures in <br />Flint, Michigan. David is an entrepreneur, innovator and inventor, and holds 14 patents on everything <br />from sporting goods to wearable technology. He provides his expertise and experience to help cultivate <br />entrepreneurship and opportunity in Flint at Skypoint Ventures, 100K Ideas and the Ferris Wheel <br />Innovation Center. <br /> <br />Economy Overview and Buxton Retail Report <br />I have included reports from Buxton Companies, and EMSI for your review. The reports outline the <br />Sherburne County economy and retail leakage in Elk River. <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 /> <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 />