HomeMy WebLinkAbout4. Approval of Revised Resolution for the Economic Development Advisory Committee (EDAC)-Res. No. 2010-1
CITY OF SHAKOPEE
Memorandum
TO: Economic Development Authority
Mark McNeill, EDA Executive Director/City Administrator
FROM: R. Michael Leek, Community Development Director
SUBJECT: Approval of Revised Resolution for the Economic Development
Advisory Committee (EDAC)
MEETING DATE: February 16,2010
INTRODUCTION:
The EDA directed staff to make changes to the EDAC resolution to expand the
membership from five (5) to seven (7) and to address the types of representation sought
for the EDAC. The attached resolution contains those changes.
RELATIONSHIP TO CITY GOALS:
Activation ofthe EDAC relates to City Goal D, Vibrant, resilient and stable; and Goal E,
Financially Strong.
ACTION REQUESTED:
Offer and approve the revised EDAC resolution.
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R. Michael Leek
Community Development Director
EDAC Revised Resolution
CITY OF SHAKOPEE
ECONOMIC DEVELOPMENT AUTHORITY
RESOLUTION NO 2010-1
A RESOLUTION ESTABLISHING THE
ECONOMIC DEVELOPMENT ADIVOSRY COMMITTEE (EDAC)
WHEREAS, the Economic Development Authority (EDA) of the City of Shakopee
would like to more actively involved in identification of economic development strategies; and
WHEREAS, the Economic Development Authority has determined that establishing an
Economic Development Advisory Committee would provide more concentrated and dedicated
work in these areas; and
WHEREAS, the Economic Development Authority and City Council are comprised of
the same members and an advisory committee would be of assistance to the Economic
Development Authority; and
WHEREAS, the Economic Development Advisory Committee would not replace the
Economic Development Authority and would not have the legal powers of an EDA, but would
simply offer recommendations to the Economic Development Authority and City Council
regarding economic development issues, strategy development and implementation, and other
initiatives that can be undertaken by the City to expand and strengthen its economy.
NOW, THEREFORE, BE IT RESOLVED BYT THE ECONOMIC DEVELOPMENT
AUTHORITY OF THE CITY OF SHAKOPEE, MINNESOTA, that:
1. The Economic Development Advisory Committee is hereby established, composed of
seven (7) members, to be appointed by the Economic Development Authority and to
include representatives from throughout the community. In making appointments to the
Committee, the EDA will seek to include representation from the City's business
community (such as represented by the Chamber of Commerce and Downtown
Partnership) and other groups, residents and individuals with an interest in, and who may
positively contribute to the work of the EDAC.
2. Terms ofthe committee shall be three years in duration, to be calculated from March 1,
2000. Terms of the initial appointments shall be evenly divided between 1,2, and 3 years
as to provide orderly transition for new appointees in the future.
3. The committee shall continue to exist as long as the Economic Development Authority
desires special input in the areas of economic development issues identification, strategy
development and implementation. Upon resignation of a member, a new member shall
be selected and appointed by the Economic Development Authority.
4. Members of the Committee shall serve without compensation and shall not personally
benefit from any projects of the Committee. They shall, at the first meeting or first
meeting each March select a Chairperson, Vice Chair and Secretary from their own
number with duties in addition to committee membership implied by these titles. The
Committee will also develop and adopt a program of action for the upcoming year to be
submitted to the Economic Development Authority for approval. A majority shall
constitute a quorum for the transaction of business. Where not otherwise stated, the
business of the Committee shall be governed by Roberts Rules of Order, Revised.
5. The Committee shall have the following charges:
a. ,Create a sound economic development policy in the following areas:
. Business retention & Expansion
. Business Attraction/Target marketing
. Prospect Response
. New Business/Entrepreneurial Development
. Redevelopment
. Tourism Development
. Data Collection/Research
b. Develop an effective strategic plan for implementing the economic development
policy.
c. Based on the strategic plan, recommend to the Economic Development Authority and
City Council programs that can be undertaken by the City to expand and strengthen
the local economy.
d. Advise the Economic Development Authority on funding for economic development
programs/projects and the Authority's budget.
e. Maintain an effective committee by keeping meetings focused around a planned
agenda.
Adopted in session of the Economic Development Authority of the City of
Shakopee, Minnesota, held this _ day of ,2010.
President of the Economic Development Authority
Of the City of Shakopee
ATTEST:
City ClerklEDA Secretary