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7.2. EDSR 01-22-2019Request for Action To Item Number Economic Development Authority 7.2 Agenda Section Meeting Date Prepared by General Business January 22, 2019 Amanda Othoudt, EDD Item Description Reviewed by Designation of Committee Assignments Cal Portner, City Administrator Reviewed by Action Requested 1. Approve, by motion, the continuation of the members of the Joint Finance Committee. 2. Approve, by motion, the continuation of the members of the Beautification Committee. 3. Consider and new committees and committee assignments for commissioners. Background/Discussion EDA Bylaws suggest they consider appointments to all existing committees as necessary. The appointment and/or removal of committee members are at the discretion of the EDA. In addition, it is suggested the Authority consider the creation of any new committees during their annual meeting, assign the appropriate number of commissioners and determine the assignments for any new committees. Currently, the EDA hosts two special committees, the Joint Finance Committee and the City Beautification Committee. The Joint Finance Committee provides the EDA with a technical and politically neutral analysis of applications including microloan, tax abatement, and tax increment financing applications. They meet on the last Tuesday of the month. Other committees identified in the Bylaws include Marketing, Prospecting, and Research and Development are not established subcommittees. The Finance Committee consists of nine (9) members: two (2) EDA members and at large members representing various constituencies, including banking, real estate, law, and the general community. Current members are: EDA: Dan Tveite EDA: Bryan Provo HRA: Michelle Eder HRA: Larry Toth Banking: Nate Ovall Banking: Chad Vitzthum Banking: Nate Ovall Legal: Rhonda J. Magnussen Real Estate: Ryan Hardin At Large: Jim Gromberg The Elk River Vision A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community engagement that encourages and inspires prosperity The City Beautification Committee serves to recognize business owners who have made an effort to clean, repair, improve, and enhance the overall aesthetics of their property to maintain the beauty of their neighborhood. This committee encourages community improvements while enhancing our city’s visual image and economic vitality. They meet on a monthly basis from April through October, generally during the morning. The Beautification Committee consists of five members, three members at large, one member representing the Sherburne County Master Gardeners Club, and one member representing the Chamber. At Large: Rhonda Magnussen, Local Business Owner At Large: Tamara Ackerman, Local Business Owner At Large: DJ Bakken, Local Business Owner Sherburne County Master Gardeners Club: Ann McCormick Chamber Member/Representative: Ryan Hardin, Realtor Financial Impact N/A Attachments  N/A