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<br />Item #: 6A <br />Meeting Date: Oct. 21, 2011 <br />Type of Business: EDC <br />Administrator Review: ____ <br />City of Mounds View Staff Report <br /> <br /> <br /> <br />To: Economic Development Commission <br />From: Heidi Steinmetz, Economic Development Specialist <br />Item Title/Subject: Discuss Future of EDC <br /> <br /> <br /> <br />Background <br /> <br />The City Council formed the EDC by Ordinance 542 on June 27, 1994. The EDC acts as <br />an advisory body to the Economic Development Authority on matters relating to promoting <br />a positive economic climate, encouraging economic development and enhancing the tax <br />base of the City. The EDC reviews ways in which the City can expand existing <br />businesses, attract desirable new businesses, and revitalize the community. <br /> <br />The EDC is comprised of seven members (four residents and three business <br />representatives). The EDC is unlike any other City Commission because the EDC <br />represents both residents and businesses. <br /> <br />The EDC meets the third Friday of every month at 7:30am at Mounds View City Hall. <br /> <br />Discussion <br /> <br />EDC Chair Johnson requested that the EDC formally discuss the future of the EDC in light <br />of the elimination of the Economic Development Specialist position in 2012. City <br />Administrator Jim Ericson will be attending the October 21, 2011 EDC meeting to answer <br />any questions the EDC might have. <br /> <br />Respectfully submitted, <br /> <br />____________________________ <br />Heidi Steinmetz, Economic Development Specialist <br /> <br />