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2. EDSR 03-16-2020 Request for Action To Item Number Economic Development Authority 2. Agenda Section Meeting Date Prepared by Special Meeting March 16, 2020 Colleen Eddy, Economic Development Specialist Item Description Reviewed by Strategic Plan Proposals Amanda Othoudt, ED Director Reviewed by Cal Portner, City Administrator Action Requested Hear presentations from four final consultants in response to the EDA Strategic Plan RFP. Background/Discussion At the February 18, 2020, EDA meeting, the EDA made a recommendation to have staff and Commissioners Hartwig and Blesener conduct a pre-review of the proposals submitted for the EDA Strategic Plan. The two commissioners conducted a pre-review of all proposals on March 9, 2020. The consensus was to invite the four finalists to present their proposals to the EDA commission this evening. Financial Impact The EDA budgeted $50,000 for the development of a Strategic Plan in 2020. Attachments  N/A The Elk River Vision A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community engagement that encourages and inspires prosperity