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<br />Page 1 of 2 <br /> <br /> NEW BUSINESS – 3A <br /> <br /> <br /> <br /> <br />MEMORANDUM <br /> <br />DATE: January 22, 2018 <br /> <br />TO: Economic Development Authority President and Commissioners <br /> <br />FROM: Matthew Bachler, City Planner <br /> <br />SUBJECT: EDC Annual Report and 2018 Work Plan <br /> <br />Budgeted Amount: Actual Amount: Funding Source: <br /> $ $ $ <br /> <br /> <br />Economic Development Authority Should Consider the Following <br /> <br />Review the EDC Annual Report and proposed 2018 Work Plan. Provide staff with direction <br />what items the EDA would like the EDC to focus on in 2018. <br /> <br />Discussion <br /> <br />The EDC was established by the City Council to facilitate positive interaction with the business <br />community and to advise the City Council and EDA on economic development, redevelopment, <br />and related community development issues. The EDC made significant progress on its 2017 <br />goals as summarized below: <br /> <br />New Member Recruitment <br />• Three new members were appointed to the EDC in 2017 <br /> <br />Commercial, Industrial, and Higher Education Study <br />• Reviewed typical employment and economic activity for allowed commercial and <br />employment uses <br />• Examined current amount of land and building space available in commercial and <br />employment zones <br /> <br />2040 Comprehensive Plan <br />• Reviewed possible changes to the Land Use chapter to support economic development <br /> <br />Marketing and Outreach <br />• Planned and promoted State of the City events on September 28 and October 3 <br />• Worked with staff to visit new and existing businesses