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5. EDSR 04-13-2009ITEM # 5. of ver MEMORANDUM TO: Economic Development Authority Housing & Redevelopment Authority Mayor & City Council CC: Lori Johnson, City Administrator FROM: Catherine Mehelich, Director of Economic Development DATE: April 13, 2009 SUBJECT: Economic Development Strategic Planning Retreat Since 1997 the Economic Development Strategic Plan has provided a framework for the EDA and HRA to work within and focuses staff energies on those priority areas important to the economic health of the City. Over the years the Strategic Plan has been revisited and revised by the Commissions periodically to reflect the changing issues and economic development priorities of the community. The purpose of the planning retreat will be to identify and reach consensus on the priority issues and goals for the 2009-2012 Economic Development Strategic Plan. The facilitator for this planning retreat will be Mr. Kent Eklund of Cincinnatus, Inc. Mr. Eklund has prepared the attached agenda for the evening's discussion. Apri16, 2009 To: Catherine Mehelich, City of Elk River From: Kent E. Eklund, Cincinnatus Subject: Agenda for April 13th Elk River Economic Development Strategic Planning Retreat AGENDA: OBJECTIVES OF RETREAT: • Review the lessons from the last 4 years of economic development in Elk River; • Develop the Economic Development Goals for 2009-2012; • Develop the first draft of preliminary work plan items for each 2009-2010 goal SCHEDULE: ~ Overview of retreat • Review of lessons from the 2004-2007 Economic Development Strategic Plan • Mission Statement check-in • Strengths, Weaknesses, Opportunities and Threats for the economy of Elk River • Break for light supper • Develop the Strategic Goals for 2009 - 2012 • Develop the early work plans for each 2009 - 2010 goal