Agenda - Economic Development Authority - 08/13/2009

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level sponsorship includes hole sponsor sign, one foursome, recognition in the program, with podium recognition. The amount of the sponsorship should not exceed $1600.00 Motion carried. Voting Yes: Chairperson Riley, Members Elvig, LeTourneau, Look, Skaff, and Williams. Voting No: Steffen Absent: None Case #4: BUSINESS CONNECTION MEETING Economic Development Coordinator Sullivan presented Case #4 The Ramsey Business Connection breakfast meeting is usually held in the fall. This year it was presented to the EDA that it should be held earlier this year. With the acquisition of Ramsey Town Center, this warrants quick action to convey the City's role in the project. Economic Development Coordinator Sullivan is requesting that this meeting date be changed to an earlier date in September 2009. He is also looking for authorization to use Well's Catering to cater this breakfast event. The main focus ofthis meeting should been on the Ramsey Town Center. Have a single topic that highlights the status ofthe Ramsey Town Center project. Mr. Mulrooney suggested that we invite Dan McElroy the Commissioner of Employment and Economic Development to be the speaker. Dan McElroy is a non political speaker. Member LeTourneau suggested contacting the Anoka Area Chamber for suggestions. Motion by Member LeTourneau, seconded by Member Steffen, to authorize staff to hold the Business Connection Meeting, focusing on the Ramsey Town Center Update, in early fall 2009, to secure Dan McElroy as the speaker. To send out invitations to 'all registered businesses in Ramsey, with additional invitations being sent to legislators as quests; to attend but no time at the microphone. Including hiring Well's Catering for a buffet style breakfast. Motion carried. Voting Yes: Chairperson Riley, Members Elvig, LeTourneau, Look, Skaff, Steffen and Williams. Voting No: None. Absent: None Case #5: 167th COMMERCIAL NODE TIF ANALYSIS Economic Development Coordinator Sullivan presented Case # 5 The intersection of 167th Avenue and Highway 47 is an area that has been identified by the EDA as needing some revitalization. A study by the McComb Group L TD identified this area as a place where commercial activity could prosper. The Ramsey EDA contracted the Buxton Group . to take a look at the area and see if it still had potential. The Buxton study concluded that the area populations, traffic counts and demographics still would support a commercial node in the area. Getting a detailed analysis on whether or not this area would qualify for a Redevelopment, or a Renewal and Renovation TIF districts would be a good starting point toward the revitalization of this commercial node. City Officials have been in discussion with a potential user for the site and this user has expressed the need for assistance from the City. Typically, this type of analysis Economic Development Authority/July 9th 2009 Page 4 of7 4