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7.2. EDSR 07-18-2022Request for Action To Item Number Economic Development Authority 7.2 Agenda Section Meeting Date Prepared by General Business July 18, 2022 Brent O’Neil, Economic Development Director Item Description Reviewed by General Updates Cal Portner, City Administrator Reviewed by Action Requested Item presented for information and discussion purpose Background/Discussion Staff will use this time to update the board on relevant topics. Among the topics: Budgeting for 2023 and setting a budget workshop with the EDA. Placer.ai on-boarding. Communication received from Orluck Industries and Twin City Metal Works. Financial Impact N/A Mission/Policy/Goal Support Elk River’s existing businesses through relationship building, programmatic offerings, and high-quality city services. Attract new business development to Elk River to build the City’s economic vibrancy, job offerings and tax base. Attachments  Letter – Twin City Metal Works, LLC 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