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<br />Case # 6 <br /> <br />MEMO <br /> <br />DATE: <br /> <br />August 28, 2008 <br /> <br />TO: <br /> <br />Economic Development Authority (EDA) <br /> <br />FROM: <br /> <br />Sean Sullivan, Economic Development Coordinator <br /> <br />RE: <br /> <br />Staff Update <br /> <br />New Business Prosuects: <br /> <br />Tag Machine - Machine Shop based in Ramsey (12,000 S.F.) <br /> <br />Production Design Products - 8,000 SF expansion <br /> <br />QDP Technologies/JBT Machining - (24,000 S.F.) <br /> <br />Business Grand Oueninl!s: Asset Resources and Diamond Graphics to be scheduled when <br />complete. <br /> <br />Business Communication Initiatives: Business Appreciation Day on August 19 at the Links at <br />Northfork was well attended and the feedback was great. <br /> <br />Community Revitalization Proiects <br /> <br />5175 142nd Avenue NW: Nothing to report. <br /> <br />14050 Basalt Street: The TBRA Grant has been closed out and the fmal monitoring should be <br />complete by years end. <br /> <br />14220 Basalt St NW: Asset Resources, 14,329 SF Project complete. <br /> <br />14230 Basalt StNW: Asset Resources, 14,329 SF Project complete. <br /> <br />6590 141 st Avenue: Demolition is complete, and site has been grubbed ahd prepped for <br />development. Staff is negotiating with Production Design Products for an expansion and <br />reconfiguration of its existing business. <br /> <br />14105 Azurite Street: The TAG Machine proj~ct has been moving very slowly but a concept <br />plan has been approved by both City Staff and the potential owner. A storm water solution is <br />being worked on by Hakanson-Anderson and it appears that an above ground system could meet <br />the projects needs. Staffwill continue to entertain all offers on the site. <br /> <br />31 <br />