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CC Regular Session 7. 3. <br />Meeting Date: 10/22/2019 <br />By: Sean Sullivan, Community <br />Development <br />Information <br />Title: <br />Adopt Resolution #19-254 Approval of 2020 EDA Work Plan <br />Purpose/Background: <br />PURPOSE <br />The purpose of this case is to review and adopt the 2019-2020 City of Ramsey Economic Development Work Plan. <br />It should be noted that a 2019 EDA Work Plan was not developed or adopted due to the timing of the transition to <br />the new Economic Development Manager. The City Council adopted its revised Strategic Plan on 2019 and items <br />relating to the EDA have been included in the proposed 2019-2020 Work Plan. The EDA reviews, and amends the <br />Work Plan as needed to assure that it is alignment with the City Council Strategic Plan and market conditions. <br />BACKGROUND <br />The purpose of an EDA Work Plan is: <br />"To provide a functional plan that prioritizes the work of the City's economic development department and <br />Economic Development Authority (EDA)." <br />ATTACHED <br />• 2020 EDA Work Plan (proposed) <br />• 2018 EDA Work Plan <br />Notification: <br />Notification not required. <br />Observations/Alternatives: <br />The EDA discussed the proposed work plan at its October meeting. The EDA recommends approval of the attached <br />Resolution #19-254 Approval of 2020 EDA Work Plan. <br />The City Council should consider on the following options: <br />1) Adopt Resolution #19-254 Approval of 2020 EDA Work Plan as presented. <br />2) Adopt Resolution #19-254 Approval of 2020 EDA Work Plan as amended (if changes are desired from the City <br />Council). <br />3) Send the Work Plan back to the EDA for more revisions based on City Council input. <br />Funding Source: <br />Included in Staff duties and EDA budget. <br />Recommendation: <br />The EDA made a formal recommendation on October 10, 2019 for Option 1 - Adopt Resolution #19-254 Approval <br />of 2020 EDA Work Plan as presented. <br />Action: <br />