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7.3. EDSR 07-19-2021 ��i City of Elk ' Request for Action River To Item Number Economic Development Authori 7.3 Agenda Section Meeting Date Prepared by General BusinessJuly 19, 2021 Colleen Eddy, Economic Development Specialist Item Description Reviewed by Schedule EDA Budget Work Session Brent O'Neil, Economic Development Director Reviewed by Cal Portner, City Administrator Action Requested By consensus, set a time and date for the EDA Budget Work Session. Background/Discussion Staff is in the process of reviewing and updating the 2022 EDA Budget and is requesting that the EDA set August 16, 2021,prior to the regular EDA meeting to review the 2022 budget and performance measures. Historically, the EDA approves the annual budget at their September meeting. Financial Impact N/A Mission/Policy/Goal The EDA Bylaws reflect the need to approve an annual budget. Attachments ■ N/A The Elk River Vision A Y�elcoming community nvith revolutionary and spirited resourcefulness, exceptional P U W E H E o s r service, and community engagement that encourages and inspires prosperity ,g /` UR