County Signs Contract with CEDA for Economic Development

The Faribault County Economic Development Authority has given their unanimous approval to a contract with Community and Economic Development Associates to help with economic development in the County.

The contract will have an employee from CEDA working for the County two days a week. The cost to the county will be just over $41,000 for 2018.

Commissioner John Roper said that he and Commissioner Bill Groskreutz discussed economic development with Blue Earth City Administrator Tim Ibisch last week to help work out the details of an agreement that will help with economic development across the County.

Earlier this year, the Blue Earth City Council approved a contract with CEDA to have an employee work for the City three days a week.

Roper added that there is a lot of things that need to be taken care of in the County, including economic development loans and other paperwork and having one person assisting with that process will benefit the entire County.

The County and the City of Blue Earth will be working on an agreement that would have the new CEDA Office located in the Ag Center in Blue Earth.