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<br />Request for Action <br /> <br /> <br /> <br /> <br /> <br />To Item Number <br />Economic Development Authority 7.1 <br />Agenda Section Meeting Date Prepared by <br />General Business February 21, 2023 Joshua Mollan, Economic Development Specialist <br />Item Description Reviewed by <br />Corridors of Commerce Letter of Support Brent O’Neil, Economic Development Director <br />Reviewed by <br />Cal Portner, City Administrator <br /> <br />Action Requested <br />Approve, by motion, the proposed letter of support be signed by EDA President Tveite and sent to MnDOT on <br />behalf of the EDA. <br /> <br />Background/Discussion <br />The City of Elk River has applied for funding with the MnDOT Corridors of Commerce program. The city is <br />requesting funding for improvements to Trunk Highway 10/169 with two grade separated interchanges. <br /> <br />All documents are due to MnDOT by March 1 and this letter shows additional local support for the proposed <br />project. <br /> <br />Financial Impact <br />N/A <br /> <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 tax <br />base. <br /> <br />Attachments <br /> Draft Letter of Support <br /> <br /> <br />The Elk River Vision <br />A welcoming community with revolutionary and spirited resourcefulness, exceptional <br /> <br />service, and community engagement that encourages and inspires prosperity. <br />Updated: January 2023 <br /> <br />