HomeMy WebLinkAbout05 02 2013 EDAC rept 4b
4646 Dakota Street SE
Prior Lake, MN 55372
ECONOMIC DEVELOPMENT ADVISORY COMMITTEE REPORT
MEETING DATE: May 2, 2013
AGENDA #: 4.b.
PREPARED BY: Casey McCabe, Community Development Specialist
AGENDA ITEM: EDAC BYLAWS
DISCUSSION: Introduction
The City of Prior Lake Economic Development Advisory Committee operates under an established set of
bylaws. The purpose of the EDAC Bylaws is to provide a set of operating procedures for the Economic
Development Advisory Committee and to establish a code of ethics and conduct.
History
The EDAC is currently operating under bylaws approved by the Economic Development Authority and the
City Council in April 2012. The bylaws are reviewed annually by the EDAC and any changes or amend-
ments agreed to by a majority vote of the committee shall be recommended to the EDA for final approval.
The Prior Lake City Attorney has been asked to review the bylaws of each City board and committee and
suggest revisions to provide consistency between all City advisory committees. The City Attorney has
reviewed the EDAC bylaws and recommended multiple revisions (attached).
Conclusion
In addition to reviewing the bylaws, staff felt this would also be a good time to have a discussion about the
isory and its purpose is to
study and provide reports, analysis and recommendations to the Economic Development Authority and
identify duties and responsi-
bilities of the Committee; including:
1.Serve as a liaison between city government and the community.
2.As requested, review and comment on economic development and redevelopment policies to the
Economic Development Authority or City staff.
3.Make recommendations to the Economic Development Authority or City staff regarding economic
development issues, strategy development and implementation and other initiatives that can be un-
dertaken by the Economic Development Authority to expand and strengthen business retention & ex-
pansion.
4.Conduct Public Hearings, as requested by the Economic Development Authority.
5.In conjunction with Economic Development Authority members or staff, introduce potential or new
business representatives to others in the community.
ISSUES: EDAC members shall review the bylaws and discuss any recommended changes or amendments. These
recommended changes or amendments, if any, will be forwarded to the Economic Development Authority
for final approval.
FINANCIAL None.
IMPACT:
ALTERNATIVES: 1.Recommend approval of EDAC Bylaws as written.
2.Recommend changes or amendments to EDAC Bylaws by majority vote of the Committee.
RECOMMENDED As determined by the EDAC.
MOTION:
ATTACHMENTS: 1.EDAC Bylaws Proposed Revisions
2.EDAC Bylaws Clean
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