City Council Meeting Date: November 17, 2020
To: Mayor and City Council
City Administrator
From: Nate Carlson, Economic Development Coordinator
Title
Presentation Update on Economic Development Authority
Body
Action Requested:
No action is requested at this time.
Summary Report:
Economic Development Coordinator, Nate Carlson, will be presenting on the Northfield Economic Development Authority’s work in 2020. The presentation will detail the responsibilities of the EDA, the 2021 proposed budget, and projects completed within the past year. This presentation is attached to the report.
The COVID-19 pandemic has demonstrated that the EDA’s work in business development and socio-economic equity development is instrumental in recovery efforts for the Northfield economy. The EDA will continue to promote efforts in equitable business recovery and new business development as the pandemic continues to affect Northfield businesses.
Alternative Options:
N/A
Financial Impacts:
N/A
Tentative Timelines:
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