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The Elk River Vision <br />A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community <br />engagement that encourages and inspires prosperity <br /> <br /> <br />Request for Action <br /> <br />To <br />Economic Development Authority <br />Item Number <br />7.1 <br /> <br />Meeting Date <br />June 17, 2024 <br />Prepared By <br />Joshua Mollan, Economic Development Specialist <br /> <br />Item Description <br />Placer.ai Presentation <br />Reviewed by <br />Brent O'Neil <br />Cal Portner <br /> <br />Action Requested <br />Item presented for information and discussion purposes. <br /> <br />Background/Discussion <br />Staff will use this time to share a presentation of relevant reports and features from Placer.ai which include: <br />leakage report, downtown visitation trends, and 169 Redefine impacts, among others. <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. Attract new business development to Elk River to build the City’s economic vibrancy, job <br />offerings and tax base. <br /> <br />Attachments <br />1. EDA Placer Presentation 06-2024 <br /> <br /> <br />Page 65 of 104