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- -- East Metropolitan Joint Venture Proposal - -- <br />2. organizing the Joint Venture. <br />Affiliation <br />The SEED Council would be affiliated with the various chambers <br />of commerce In the East Metro area, In conjunction with the <br />communities themselves. It would be organized as a "public - <br />private partnership" reporting In function to the boards of <br />directors of the area chambers of commerce. This structure <br />would have the following advantages: <br />The chambers bring the voluntary efforts of top area <br />executives, Industrial development leads from several <br />sources, an In -place long -range development planning <br />structure, and existing organizations which cross municipal <br />borders. <br />Independent status would allow for fund raising <br />possibilities beyond existing chamber members, and a <br />greater degree of management flexibility than would <br />otherwise be possible. <br />Accounting support for the Council would also be provided by the <br />Saint Paul Area Chamber. <br />Management Structure <br />A Management Committee would oversee the organization. It will <br />consist of 15 to 18 key leaders from the chambers and the <br />communities (elected officials, city managers, economic <br />development commission chairs, etc) that would be agreeable to <br />all of the partners. The assumption is that It would be broadly <br />geographically representational. This Committee would report to <br />the various chambers' boards. <br />Revision 7, 11/17/86, Page 3 <br />6 f3 <br />