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City of <br /> Elk �-- Request for Action <br /> River <br /> To Item Number <br /> Economic Development Authori 8.1 <br /> Agenda Section Meeting Date Prepared by <br /> General Business January 19, 2021 Colleen Eddy, Economic Development Specialist <br /> Item Description Reviewed by <br /> Strategic Plan Discussion Cal Portner, City Administrator <br /> Reviewed by <br /> Action Requested <br /> Approve,by motion,the 2020 EDA Strategic Plan. <br /> Background/Discussion <br /> At their April 20, 2020, meeting, the EDA approved a contract with Stantec Consulting Services, Inc. to <br /> proceed forward with the EDA Strategic Plan. Stantec has facilitated several discussions with staff, EDA <br /> work sessions, community events, and peer city interviews. <br /> At the December 21, 20205 EDA meeting, the commission reviewed and requested some revisions to the <br /> draft Strategic Plan. Tonight,Tom Leighton,Project Manager at Stantec will present the final draft of the <br /> Strategic Plan. <br /> Financial Impact <br /> N/A <br /> Mission/Policy/Goal <br /> The Strategic Plan will build upon the EDA's existing plans including the city's vision,Mississippi Connections <br /> Plan, FAST Study, Comprehensive Plan, Parks and Recreation Plan, Capital Improvement Plan, along with any <br /> other relevant studies that have set forth goals and objectives for economic growth and sustainability. <br /> Attachments <br /> ■ EDA Strategic Plan <br /> The Elk River Vision <br /> A n elcoming community n ith revolutionary and spirited resourcefulness, exceptional P U W E H E o s r <br /> service, and community engagement that encourages and inspires prosperity /` UR <br />