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7.5. EDSR 12-18-2023 Request for Action To Item Number Economic Development Authority 7.5 Agenda Section Meeting Date Prepared by General Business December 18, 2023 Brent O’Neil, Economic Development Director Item Description Reviewed by Annual Meeting Agenda Cal Portner, City Administrator Reviewed by Action Requested Item presented for information and discussion purposes. Background/Discussion The EDA will hold its annual meeting on January 16, 2024, which includes agenda items related to the Authority’s business operations for the coming year. Among the items are designation of officers and committee assignments, as well as annual review of the enabling resolution. Staff will discuss the agenda for any feedback ahead of finalizing items on the annual meeting agenda. Financial Impact N/A Mission/Policy/Goal The EDA is required by statute, enabling resolution, and bylaws to hold an annual business meeting. 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: January 2023