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<br />delay. Talks with the owner are encouraging and there is still time to get this project complete <br />this year. It appears as if this site could need a significant storm water drainage system installed <br />to alleviate existing drainage concerns. <br /> <br />Miscellaneous <br /> <br />Town Center: Construction is underway for a hot plate banquet facility (Fountains of Ramsey) <br />on the bottom floor of the Ramsey Office Condo building. Including in the project is an outdoor <br />fountain and green area to the east of the building. City Staff has developed an inventory of <br />marketable land and buildings in Town Center and put a link to that information on the City's <br />web page. The City will be contacting the Solomon Group and PSD, LLC and other key <br />businesses to ask for assistance with the Buxton Proposal and to discuss how Ramsey can help <br />make a better business environment. <br /> <br />Coborn's Center to Rebrand: North Star Market Place is the new name for the Coborn's area. <br />Planning commission recommended approval of a sign for the development and it is waiting for <br />City Council approval on July 8th. <br /> <br />Additional Parcels Identified for Acquisition: The City now owns the KIH site. Dave Perkins <br />Contracting has expressed interest in purchasing a portion of the property for its existing <br />business. Staff is met with an appraiser in May and is getting a valuation of the parcel of <br />property Dave Perkins Contracting wants to purchase. <br /> <br />Hwv 471167th Commercial Node: Staff has contacted 5th Street Ventures (owners of property <br />across the street from old Super Valu) and has notified them that the EDA will be hosting a <br />meeting to discuss the business environment in Ramsey and requesting financial support for the <br />Buxton Proposal. It is apparent that this comer is not succeeding and. something needs to be <br />done to revitalize this neighborhood commercial node if it is to survive. <br /> <br />Monument Signs: Staff is still in the final stages of putting an implementation plan together for <br />----- ------the Monument-Signs.-Gennexus-has-pm:v-ided-the-City-with-some-calculations_regarding.nmning__ <br />the electricity to the proposed sites in our Industrial Parks. Dennis Sharp has put together some <br />cost estimates for construction of the signs. There was a significant increase in cost due to the <br />full footings that the City requires for monument signs. Staff will attempt to get another quote <br />for the signs and will present a package for the July EDA meeting. <br /> <br />Future Meeting Topics: <br /> <br />1. Monument Signs Implementation Plan (July) <br />2. Housing type impact on economic development (July) <br /> <br />21 <br />