Agenda - Council - 08/09/2010 - Laserfiche WebLink

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Economic Development Functions: . Develop retention tools and programs, strategies and financing to retain and expand current businesses and assist in the development, growth and attraction of new businesses to the city. . Provide professional and technical advice and support by acting as a staff liaison to the Economic Development Authority. Also, develop strategies for working with other appropriate commissions and task forces as needed. . Develop and maintain Business Expansion and Retention Program via regular contact with business owners, property owners, and economic development related community organizations. . Negotiate and implement development agreements for new and redevelopment projects including coordination of business subsidy requirements, property acquisition, relocation efforts, site preparation, and related actions. . Negotiate and secure property purchases for the purposes of economic development and redevelopment, including coordinating and representing the City at real estate closings. . Coordinate economic development marketing and promotional activities aimed at attracting new development and investments to Ramsey. . Provide business knowledge of available public and private business financing resources including local bank financing, small business administration loan programs, state assistance, and other funding sources. . Work with Economic Development Consultant on business contracts and prepares business relocation proposals for businesses including use of financial assistance and other incentives. . Assist in the administration of the City's Tax Increment Finance program and districts, including assisting the Finance Department with annual reports. . Coordinate and complete Annual Business Subsidy Reports to the State of Minnesota. . Develop short and long range economic development and redevelopment plans; gather, interpret, and prepare data for studies, reports and recommendations; coordinate activities with other departments, agencies, local groups and others as needed. . Develop and maintain a comprehensive database of the inventory of available buildings, land, and sites in the community for economic development purposes. . Prepare and maintain information on utilities, taxes, zoning, transportation, community services, financing tools, etc.; responds to requests for information for economic re/development purposes; prepare data sheets and other information. . Respond to citizen inquiries about local economic development activities and opportunities. . Monitor local, state and federal legislation and regulations relating to economic development, and report findings, trends and recommendations to City Administrator. . Assist in the application and submission of grants and other outside funding opportunities to further the economic development goals ofthe City. . Perform cash flow analysis for prospective businesses localizing in the City of Ramsey. . Prepare and present cases for projects to City Council as needed. . Other duties as assigned by Deputy City Administrator/Community Development Director.