The City of Savage promotes economic development activity by attracting new businesses, assisting with expansion, retaining existing businesses and promoting rehabilitation and/or redevelopment of areas within the community. The Economic Development Commission (EDC) plays a critical role in advising and making recommendations on all economic development matters to the Economic Development Authority (EDA). The EDA is the official decision-making body when it comes to economic development. The EDC is made up of members of the City Council and meet as necessary following regular City Council meetings.
To further the City's economic development goals, a number of on-going and temporary programs are available for certain types of projects in Savage:
- Property Tax Deferral or Abatement
- Tax Increment Financing
- Fee Deferral Programs
- Met Council SAC Deferral Program
To see if options may be available for your particular project, please contact Brad Larson, Assistant City Administrator, for additional information at 952-882-2641.