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7.3. EDSR 12-20-2021
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7.3. EDSR 12-20-2021
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12/17/2021 10:25:18 AM
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12/20/2021
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Request for Action <br /> Cir•ci <br /> Elk - <br /> River= <br /> To Item Number <br /> Economic Development Authority 7.3 <br /> Agenda Section Meeting Date Prepared by <br /> General Business December 20, 2021 Brent O'Neil, Economic Development Director <br /> Item Description Reviewed by <br /> General Updates Cal Portner, City Administrator <br /> Reviewed by <br /> Action Requested <br /> Item presented for information and discussion purposes. <br /> Background/Discussion <br /> Staff will use this time to update the board on relevant topics. One topic is highlighted below: <br /> Natures Edge III progress—as acquisition of the property and utilities construction is anticipated early in 2022,we <br /> have received inquiries from multiple parties interested in acquiring the property for development. Staff <br /> recommends having a work session with the EDA in January to discuss pricing and other items related to marketing <br /> the site for development. <br /> Financial Impact <br /> N/A <br /> Mission/Policy/Goal <br /> Support Elk River's existing businesses through relationship building,programmatic offerings, and high-quality city <br /> services. Attract new business development to Elk River to build the City's economic vibrancy, job offerings and <br /> tax base. <br /> Attachments <br /> ■ N/A <br /> The Elk River Vision P O N E R E o R Y <br /> A welcoming community avith revolutionary and spirited resourcefulness, exceptional [NAWR <br /> service, and community engagement that encourages and inspires prosperity. Updated.August 2020 <br />
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