Agenda - Economic Development Authority - 01/13/2011

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Economic Development Authority (EDA) Date: 01/13/2011 By: Aaron Backman Administrative Services Title: EDAM 2011 Legislative Policy Background: The Economic Development Association of Minnesota (EDAM) is a statewide association representing more than 550 public and private sector professionals involved with implementing state, regional or local economic development initiatives. The City's Economic Development/Marketing Manager has been active with EDAM's Legislative Committee over the past five years. Each year the committee surveys members and develops the legislative policy goals for the organization. The policies are focused on tools and activities that most effectively position the state of Minnesota as a location for corporate, small business, housing and community investment. These policies are reviewed and adopted by the EDAM Board of Directors and advocated by the organization, individual members and lobbyists. For the 2011 Legislative Session the three main policies revolve around 1) Enhancing TIF as an Economic Development Tool, 2) Brownfields Sites and Redevelopment Program Funding, and 3) Passage of State New Market Tax Credits. Recommendation: It would be benefitial if the Ramsey EDA would be willing to formally support the EDAM's 2011 Legislative Policy. Funding Source: No funding requested. Council Action: To review EDAM's 2011 Legislative Policy and consider writing letters of support. EDAM Legislative Policy 2011 Information Attachments Form Review Inbox Reviewed By Date Heidi Nelson JoAnn Shaw 01/10/2011 10:03 AM Kurt Ulrich JoAnn Shaw 01/10/2011 10:03 AM Form Started By: Aaron Backman Started On: 01/07/2011 03:00 PM Final Approval Date: 01/10/2011 Item #: 4. 5.