SUBJECT:
Title
Erie EDC - 2025 Action Plan Presentation
Body
DEPARTMENT: Economic Development
Department
PRESENTER(S): Kelly Block, Erie EDC Board Chair
Victoria Meyer, Erie EDC Board Treasurer
First Name Last Name, Title
TIME ESTIMATE: 20 minutes
only required for non-consent items
FISCAL SUMMARY:
$60,000 sponsorship to Erie EDC.
POLICY ISSUES:
This agenda item has minimal policy implications.
STAFF RECOMMENDATION:
Recommendation
Presentation and discussion of strategies and organizational objectives for the Erie Economic Development Council for 2025.
End
SUMMARY AND BACKGROUND OF SUBJECT MATTER:
The Erie Economic Development Council (EEDC) is one of the Town of Erie’s business and economic development partners. The EEDC promotes the Town’s central location to transportation and educational institutions, skilled workforce, high-quality residential options, and affordable new development opportunities to attract primary employers and create an economically thriving and sustainable community. They also provide existing and prospective Erie businesses with information, resources, and professional networking opportunities. The Town’s investment in the EEDC helps support this work that benefits both the business community and the residents of Erie.
The business community has united through the EEDC to seek and welcome new business to the area. The EEDC supports the grassroots growth of a business and the local economy by advocating for business-friendly policies and giving businesses a voice. They act as a catalyst for building relationships and growing business through their membership base and services. The organization uses social media, networking events, workshops, and other forums to highlight their activities.
For many years the Town has provided significant financial support to our economic development partners. During the 2025 budget planning process, the EEDC and the Economic Development Department identified $63,000 in total requests for Town funding, specifically for those items listed below. In 2023, the EEDC absorbed the Downtown Erie Business Association (DEBA), so $30,000 of the EEDC’s funding is pledged to support programing for Downtown Erie businesses.
This presentation will allow the EEDC to present their action plan for 2025 for discussion by the Town Council.
COUNCIL PRIORITY(S) ADDRESSED:
ü Engaged and Diverse Community
ü Prosperous Economy
ü Small Town Feel
ü Effective Governance
ü Fiscally Responsible
ATTACHMENT(S):
1. 2025 EEDC Presentation