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Commission Minutes—July 27, 2023 5759 <br />Sioux Falls Metropolitan Statistical Area. He said the partnership was created in 1987 to pursue <br />long-term economic objectives with near-term needs and opportunities. He said Forward Sioux Falls <br />has 325 investors throughout the Sioux Falls area. Mr. Lynch discussed the Forward Sioux Falls <br />2021-2026 pillars, 2026 program goals, the partnership governance, and funds raised by the <br />program. He said from 2021 to 2026 Forward Sioux Falls has 23% or $3,780,000 in public funding <br />and 77% or $12,691,000 in private funding. He discussed Forward Sioux Falls's land development, <br />business retention, expansion, and attraction, and talent attraction, retention, and development. He <br />also discussed various projects and programs completed by Forward Sioux Falls such as Health <br />Sciences Clinical Simulation Center, DSU Cyber Security Research Center, Startup Sioux Falls, <br />Sioux Falls Thrive, USD Discovery District, and Sioux Empire Housing Partnership. <br />Mr. Peterson asked what a key motivator is for private sector partnerships and funding. Mr. Lynch <br />said an important motivator for investors is the increase in annual tax revenue. He said collective <br />messaging and programs take stress off the public sector. Mr. Grindberg said Cass County and the <br />Fargo-Moorhead region need the private sector to match public sector funds. He said a national <br />fundraising consultant is needed to take the ideas to a higher level and make an impact on <br />economic development and workforce needs. Mr. Lynch said Forward Sioux Falls has a national <br />consultant that assists in developing programs. He said once the programs are developed, the <br />program is tested, and if found successful in testing, receives funding and implementation. He said <br />Forward Sioux Falls has support and trust from both private and public investors. <br />18. RECESS <br />The meeting recessed at 1:04 PM until Friday, July 28, 2023 beginning at 8:00 AM. <br />ATTEST: V <br />randy adrigga, unty Finance Director Chad M. Peterson, Chairman <br />Cass y, North Dakota Cass County Board of Commissioners