MADA/COC Mission Statement

Melrose - a progressive community for everyone

• Create an environment providing employment and housing opportunities

• Incorporate all segments of the community

• Anticipate change, the impact, the potential

• Facilitate a process leading to successful ventures

• Evaluate all options utilizing available resources

• Communicate our goals, our plans, the results

The management of MADA shall be conducted by the Members consisting of seven persons. The Mayor shall serve as a Member. In addition to the Mayor, there must be one member of the City Council serving as a member. The terms of the Mayor and City Council member on the Authority shall coincide with their term of office on the City Council. The remaining Members shall be appointed by the Mayor with approval of the Council. Members shall be appointed for six-year terms.

MADA/COC meets at 6:00 a.m. as scheduled. MADA was established under the Minnesota Statutes 469.090 through 469.123. As such, MADA is responsible for economic and industrial development and redevelopment within the City.

MADA/COC is responsible for maintaining and enhancing an environment conducive to job retention and creation and business recruitment and to assist when necessary and where possible the fulfillment of these activities. In cooperation with the Mayor and Council, Planning and Zoning Commission, Melrose Area Chamber of Commerce and other organizations, it works to address other community matters including the adequacy and availability of housing opportunities and the quality of life.

• Established by City Council ordinance in 1983 as the Industrial/Commercial Development Commission; in 1989, the Economic Development Authority was established by City Council ordinance.

• Re-established in 1999 by City Council ordinance and COC was established by MADA.

• Carries out economic and industrial development and redevelopment.

• Promotes development through use of tax increment financing, tax abatement, and revolving loan funds.

• Pursues goals of job retention, job creation, and housing.