Economic Development Authority

The City of Brainerd Economic Development Authority (EDA) is your first-stop for business development assistance in Brainerd, including:

  • Site selection for large or small business
  • Business expansion and relocation financing resources
  • Referral source for business start-up assistance
  • Redevelopment assistance
  • Gap financing referrals
  • Economic development rates on utilities
The EDA is dedicated to enhancing Brainerd's economic vitality and expanding tax base and employment opportunities within the city limits.  We are committed to working with you whether you have an existing business in the city or are thinking of relocating or expanding into our community.

The Brainerd EDA is committed to helping businesses of all sizes feel at home in the economic center of the Brainerd Lakes area.

The City of Brainerd has had a bond rating of AA- from Standard and Poors for years and currently has a stable outlook.  According to Standard and Poors: "An obligation rated 'AA' differs from the ['AAA'] obligations only to a small degree.  The obligor's capacity to meet its financial commitments on the obligation is very strong."

Vision Documents


These documents provide framework and priorities for which the EDA and staff can work within to enhance the tax base in the City of Brainerd.

City of Brainerd Comprehensive Annual Financial Reports


The Certificate of Achievement for Excellence in Financial Reporting has been awarded to the City of Brainerd by the Government Finance Officers Association of the United States and Canada (GFOA) each year since 1993.  The CAFR is submitted annually for consideration.  The certificate is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management.


Meetings

  • 8 a.m.
  • Meets as needed
  • The Monday prior to the regular Council Meeting
  • Council Chambers

Agendas & Minutes



Members


  • Jerry Sinner
  • Dale Parks
  • Matt Mallie
  • E.L. Menk
  • Wayne Erickson
  • Alderman Kelly Bevans (Council Liaison)
  • Alderman Gabe Johnson (Council Liaison)

Authority


Recommended by Mayor, Approved by Council

Purpose


Advise City Council on economic development issues i.e. tax increment financing, revolving loan fund applications, business expansion and retention, downtown grant applications, and annexation.

Committee Membership


The Commission is comprised of five members elected from the general public and two Councilmembers. Councilmembers term coincides with their term of office.

Qualifications to Serve


  • Be a resident of the City of Brainerd or have an ownership interest in a business or other property within the City of Brainerd.
  • Background in economic development, banking and/or finance areas may be helpful.

Length of Term


6 years
Terms run 9/7 to 9/7 of each year other than Council Liaisons
 

Compensation


Volunteer

 

  1. Cassandra Torstenson

    City Administrator
    Phone: 218-828-2307

  2. Physical Address
    501 Laurel Street
    Brainerd, MN 56401


    Directions