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�1 <br />River <br />Request for Action <br />To <br />Item Number <br />Economic Development Authori <br />7.3 <br />Agenda Section <br />Meeting Date <br />Prepared by <br />General Business <br />December 16, 2019 <br />Amanda Othoudt, ED Director <br />Item Description <br />Reviewed by <br />Director Report <br />Cal Portner, City Administrator <br />Reviewed by <br />Action Requested <br />Information presented for discussion to keep the EDA updated on development activity. <br />Background/Discussion <br />BUSINESS VISITS <br />Completed 18 BR&E visits with more scheduled. Please RSVP if you are able to attend. <br />MISCELLANEOUS <br />Public Art Initiative <br />We have received one proposal for a public art installation. I expect to receive three more submissions by <br />the end of next week. <br />ECONOMIX <br />I attended the ECONOMIX event earlier this month. This event is a blending of economic development <br />professionals, coming together to stir additional insights and practical tools to enhance work in their <br />respective communities. The event features over 24 top site consultants and attended round table <br />discussions. The round table discussions are meant to obtain one-on-one time with the consultants so <br />they can learn about your community and what you have to offer. I have developed great relationships <br />with many of the consultants over the years of attending events like these. We have been working with <br />one of the consultants on a project in Elk River. <br />Site Location Partnership (SLP) <br />A site selector from Site Location Partnership (SLP) reached out to get a better understanding of our <br />community and what they can do to assist us in attracting new industry to Elk River. SLP provides <br />research and assistance to identify growing companies by identifying C -suite decision makers and their <br />contact information. They developed a customized database which includes a company's industry <br />classification, product/ services, executive leadership, history, facilities, revenue, workforce and other <br />related data. They utilize the information to proactively seek out industries that are looking to relocate or <br />expand into new markets. As we look forward to developing our strategic plan for economic <br />development, this may be a unique and proactive approach to attracting new industry to our community. <br />Mid-America Economic Development Council Competitive Forum (MAEDC) <br />Colleen attended the Mid-America Economic Development Council Competitive Forum in Chicago. <br />John Longshore with Global Location Strategies kicked off the conference with "Leading Your <br />The Elk River Vision <br />A welcoming community with rrvolutionary and riinted resourcefulness exceptional service, and community <br />engagement that encourages and ins <br />iireslims�ierzty P O I E R E O 1 1 <br />INATUREJ <br />