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7. Staff Report-FLACC Staff Report Date of Meeting: April 13, 2015 To: Economic Development Authority From: Kristina Handt, Executive Director Re: FLACC Membership Background: At our March meeting we heard from Ted Blank, Forest Lake Area Chamber of Commerce Director, about chamber activities, structure and membership. I asked him about EDA members and he said Forest Lake and Wyoming EDAs are members of FLACC. Issue: Should the EDA become a member of the FLACC? Proposal Details: Included in your packet is a list of the membership investment levels and a description of benefits associated with each. A membership at the bronze level would be sufficient to advertise our EDA and show our support for the FLACC. Fiscal Impact: The EDA has approximately $760 currently and will be receiving another $5,000 from property taxes in 2015. Options: 1) Membership at Bronze level 2) Membership at another level 3) Do not become a member Recommendation: Option 1