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<br />Request for Action <br /> <br /> <br /> <br /> <br />To Item Number <br />Economic Development Authority 9.1 <br />Agenda Section Meeting Date Prepared by <br />Work Session January 16, 2024 Brent O’Neil, Economic Development Director <br />Item Description Reviewed by <br />Shoot Steel – TIF Update Cal Portner, City Administrator <br />Reviewed by <br /> <br /> <br />Action Requested <br />Item presented for information and discussion purposes. <br /> <br />Background/Discussion <br />Staff will provide an update on the tax increment financing district and agreements with Shoot Steel and Moyer <br />Properties. <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 <br />city services. <br /> <br />Attachments <br /> None <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 />