City of Ada

 

 

ECONOMIC DEVELOPMENT AUTHORITY 

 

The Economic Development Authority (EDA) exists to provide encouragement
and facilitate financial support to promote the economic vitality of the City of Ada

PRESENT MEMBERS:
Todd Sawrey, Chair
Mike Kiser, Recorder
Jim Hansen
Marc Gordon
Rich Pinsonneault

CONTACT POINTS: 
Ada EDA Office
15 East 4th Avenue
Ada, MN 56510
Phone: 218-784-5524
FAX No: 218-784-2711
Ada City (adaclerk@loretel.net)
Ada EDA (edainfo@adamn.gov)
Todd Sawrey 701-729-5578

MEETING DATE & TIME:
The Ada EDA meets the last Thursday of the month at 6:30 p.m. in the
Dekko Center meeting room located at 107 East 4th Avenue

ECONOMIC DEVELOPMENT TOOLS AVAILABLE:
Residential building lot programs
Commercial Revolving Loan Fund (RLF)
Commercial Store Front Renovation Loan Assistance Program
Homeowner Demolition Assistance Program

PARTNERSHIPS THE EDA WORKS WITH:
Ada Area Promotions Committee (AAPC)
lbergee@loretel.net
Minnesota Department of Employment & Economic Development
www.deed.state.mn.us
Northwest Regional Development Commission
www.nwrdc.org

LOCAL LENDING INSTITUTIONS:
American Federal Bank, Ada MN
www.americanfederalbank.com
Bank of the West, Ada MN
www.bankofthewest.com
Frandsen Bank & Trust, Ada MN
www.frandsenbank.com

 





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