Item Coversheet

4.A.


Shakopee Economic Development Authority
March 4, 2020


FROM: Michael Kerski, Director, Planning and Development 
TO:President and Board Members
Subject:
Discussion concerning current Business Subsidy Policy
Policy/Action Requested:
Provide comments and direction     
Recommendation:
Provide comments and direction
Discussion:

The Board has requested a discussion concerning the existing Business Subsidy Policy and potential changes.  Staff is working with several outside agencies to present some data regarding local employment and jobs.  Staff will review past projects and goals along with the most recent projects.  As part of Council's strategic plan, council asked for a discussion on how subsidies could be used and what would success look like long term.

Budget Impact:
ATTACHMENTS:
Description
Current Policy