Agenda - Economic Development Authority - 04/12/2012

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Moderately High Priorities ➢ Continue to promote multiple modes of transportation, including supporting the efforts to obtain funding for the Armstrong Interchange. ➢ Continue to follow -up on the results of the Retail Site Assessment of Ramsey's Customer Profile undertaken by Buxton in 2008. ➢ Consider and make recommendations to the City Council regarding the redevelopment of 167 Ave //Hwy 47 commercial node, including potential land acquisition of available property, the design of infrastructure, the potential creation of a TIF District, and the encouragement of residential development to support retail and other commercial ventures. ➢ Pursue a separate Zip Code with the U.S. Postal Service for the City of Ramsey. ➢ Develop long -term marketing strategy to improve area businesses and to attract new businesses. ➢ Actively contact and work with prospects concerning the possibility of a second grocery store for Ramsey. • Consider the feasibility of a Medical - related or Biotech Business incubator in the City of Ramsey. This could include working with Genesis Business Centers, UEL or other entities. Medium Priorities ➢ Develop a plan to recapitalize the Ramsey Revolving Loan Fund. • Move forward with new Village Profile map of the City of Ramsey. ➢ Continue to work with Al Pearson regarding the sale of his property north of Hwy 10 and to the west of Puma Street and Legacy Christian Academy. ➢ Work with other City Depai intents to submit an application to DEED to seek the designation of the area near the transit station as a Transit Improvement Area (TIA). • Support efforts by EDAM and other statewide organizations to seek funding for Brownfields Redevelopment and for TIA Loan Programs. ➢ Consider the establishment of new industrial/business park in the City of Ramsey. This could include doing a site evaluation of the industrial area south of LCA or south of Highway 10. 2