On Wednesday, the Albert Lea Economic Development Agency hosted its monthly board meeting.

Items discussed included the recent announcement by Mayo Clinic Health Systems inAlbert Lea and Austin to consolidate services between the two campuses, according to a press release.

The board was given updates in regards to community meetings, the possible solutions that are being researched and community action groups that have formed. The ALEDA board discussed the negative effects this decision will have on the community.

According to a press release, understanding that this is a tough situation for everyone in the community, the ALEDA board passed a resolution to support the community’s efforts to retain inpatient hospital services locally and to assist these initiatives where possible.

“We realize that this announcement has been devastating to our community members, and we are determined to continue working towards a solution to keep services local,” said Executive Director Ryan Nolander.

Other items discussed at the meeting included an update on the Zumbro River Brand building project, updates on the Freeborn Bank Building re-development, updates on several potential projects looking at Albert Lea and a presentation from Southern Minnesota Initiative Foundation.

Reports given at the meeting  included ex-officio updates from Freeborn County Commissioner Mike Lee, and City of Albert Lea city manager Chad Adams.

As the community faces these current challenges, ALEDA said in a press release that it will continue to fulfill their mission statement, “To provide and promote services and resources to retain, expand, create and attract businesses, increase tax base and quality employment opportunities in Freeborn County.”

ALEDA is the local economic development organization made up of two separate entities – the city of Albert Lea Port Authority and Greater Jobs Inc.

If you are a new or expanding business looking for assistance or potential help with gap financing, contact ALEDA at 507-373-3930.