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EDAM Foundation Update
Donald P. Risk Receives EDAM Foundation Honor

On Jan. 18, 2007, the EDAM Foundation presented its “2006 Legacy Award” to Donald P. Risk. The Legacy Award recognizes an individual who has represented the highest standards of service and long-term commitment to the Economic Development Profession in Minnesota.

Don Risk
Don Risk accepting the “2006 Legacy Award” from the EDAM Foundation.

Don is a lifelong resident of Minneapolis, and has served his city, region and state in several important capacities, starting in 1961 when he was elected to the Minneapolis City Council. In 1968, he resigned from the council to become director of the Minneapolis Industrial Development Commission and later, director of marketing and real estate.

During his tenure at the city of Minneapolis, Don had several notable achievements, including the development of the process by which the first industrial revenue bonds were evaluated and used in the city and the acquisition from the Burlington Northern Railroad of the land which became Kasota Industrial Park in Southeast Minneapolis. He assisted in the development of the Mid-City Industrial Park in Northeast Minneapolis, Northgate Industrial Park in North Minneapolis and oversaw the operation of the Minneapolis Municipal River Terminal.

Don created the "Minneapolis Profile," a fact book on the city which was awarded first place in competition with hundreds of literature presentations by the American Economic Development Council. In the course of the last 20 years, he worked with countless businesses and industries to assist in their relocation or expansions plans within the city. While serving his community, Don has served both statewide and national organizations in various capacities including president of the Minnesota League of Cities; a charter board member of the National Council for Urban Economic Development; and as president of the Minnesota Industrial Development Association, now known as EDAM. Don graduated from the American Industrial Development Institute in Norman, Oklahoma, and also received his International Business Executive Certificate designation.

Today, Don remains active by serving as chairman of the Greater Metropolitan Foreign Trade Zone Board, as well as an advising director to the EDAM Foundation.

Congratulations, Don!