RES 12-06 • RESOLUTION 12-06
A RESOLUTION OF THE ELK RIVER
ECONOMIC DEVELOPMENT AUTHORITY
RECOGNIZING CONTRIBUTIONS OF JERRY GUMPHREY SERVING ON THE
ELK RIVER ECONOMIC DEVELOPMENT AUTHORITY
WHEREAS, On January 5, 2005, the Elk River City Council appointed Jerry Gumphrey to
serve on the Elk River Economic Development Authority where Mr. Gumphrey
served through January 2,2007, and was reappointed on January 3, 2011;and
WHEREAS, During his tenure on the EDA,Mr. Gumphrey supported the EDA's Business
Incubator Program which resulted in the establishment of Cymbet, a clean
technology company who manufacturers eco-friendly batteries and employs 28
people; and
WHEREAS, Mr. Gumphrey actively supported development of the Northstar Business Park
which brought in three new businesses and allowed for the expansion of one
existing Elk River business; and
WHEREAS, His work resulted in the creation of over 527 jobs through the use of financial
incentives like tax abatement financing to attract and support seven businesses
within the community;and
• WHEREAS, He was a stron g supporter of the Microloan Program,which provided$390,000
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in funding to assist seven local businesses;and
WHEREAS, In 2011, the EDA partnered with Elk River Energy City to utilize Energy City as
an economic development tool through various marketing mediums and created
the Energy Efficiency Improvement Microloan Program to encourage
reinvestment through energy efficient rehabilitation;and
WHEREAS, On September 12, 2011, the EDA approved the implementation of the Elk River
Brand Plan, and on April 23, 2012, the EDA appointed Mr. Gumphrey to the
Brand Champions Team;and
WHEREAS, On November 7, 2011, Mr. Gumphrey was appointed to the Downtown
Redevelopment Task Force to facilitate the Mississippi Connections
Redevelopment plan approved by the City Council on December 3, 2012; and
WHEREAS, On January 12, 2012, the EDA authorized funding to assist with the
improvement costs associated with Nature's Edge Business Center industrial
park, and
WHEREAS Jerry Gumphrey's commitment, background and service has contributed to
• create a strong and sustainable organization working to benefit the City of Elk
River.
• NOW,THEREFORE BE IT RESOLVED the Economic Development Authority in and for
the City of Elk River,Minnesota expresses their grateful appreciation for his devotion of time,
knowledge, and experience serving on the Elk River Economic Development Authority.
Passed and adopted by the Elk River Economic Development Authority this 10th day of December,
2012.
ATTE Dan Tveite,President
Annie Deckert, Executive Director
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