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9.1. EDSR 01-16-2024 Request for Action To Item Number Economic Development Authority 9.1 Agenda Section Meeting Date Prepared by Work Session January 16, 2024 Brent O’Neil, Economic Development Director Item Description Reviewed by Shoot Steel – TIF Update Cal Portner, City Administrator Reviewed by Action Requested Item presented for information and discussion purposes. Background/Discussion Staff will provide an update on the tax increment financing district and agreements with Shoot Steel and Moyer Properties. Financial Impact N/A Mission/Policy/Goal Support Elk River’s existing businesses through relationship building, programmatic offerings, and high-quality city services. 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