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7.4 EDSR 01-18-2022 Request for Action To Item Number Economic Development Authority 7.4 Agenda Section Meeting Date Prepared by General Business January 18, 2022 Brent O’Neil, Economic Development Director Item Description Reviewed by Together Elk River – 169 Redefine Cal Portner, City Administrator Reviewed by Action Requested This item is presented for discussion purposes. Background/Discussion The EDA has discussed taking proactive steps with possible impacts to businesses during the 169 Redefine project and engaging the Together Elk River initiative to support mitigating efforts during the project. There is an opportunity to utilize the Together Elk River committee, brand, and budget to bring positive impacts to the community and businesses while the project is ongoing. With an approved budget of $10,000 in 2022 the EDA could consider opportunities in which funding can be utilized in a Together Elk River campaign for 169 Redefine. Financial Impact The EDA has budgeted for $10,000 for Together Elk River activities in 2022. Mission/Policy/Goal Supporting businesses and capitalizing on opportunities throughout the 169 Redefine project was one of four adopted goals in the EDA strategic plan. Attachments  None The Elk River Vision A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community engagement that encourages and inspires prosperity. Updated: August 2020