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7.2. HRSR 06-06-2022 Request for Action To Item Number Housing and Redevelopment Authority 7.2 Agenda Section Meeting Date Prepared by General Business June 6, 2022 Brent O’Neil, Economic Development Director Item Description Reviewed by Update on Placer.ai Cal Portner, City Administrator Reviewed by Action Requested Item presented for information and discussion. Background/Discussion Following the presentation by Placer.ai to the HRA and EDA at their joint meeting in May, staff is looking for feedback on how Placer may be beneficial and utilized by the HRA. The EDA discussed Placer at its May regular meeting and took action to move forward with utilizing the software on a one- year subscription. The EDA was willing to incur the full cost for the subscription. Financial Impact N/A Mission/Policy/Goal The goal of the HRA is to promote certain housing and redevelopment projects. Attachments  None The Elk River Vision A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community engagement that encourages and inspires prosperity