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old municipal center site for a data center development. The City Council reviewed said analysis on February 26; <br />however, it was requested to bring the analysis back for further review due to a lack of time. The Council will <br />review this case again on March 12. <br />Staff ordered an appraisal on the subject property, sent out a request for proposal (RFP) for a phase two <br />environmental assessment and will begin the process of finding a zoning solution in late March. <br />NOTE: attached is the cost/benefit analysis and an updated fire station funding analysis. <br />(3) 8020 147th Ave NW, Nordvick Property <br />The City of Ramsey is in the process of improving the existing Highway 10 /Armstrong Boulevard intersection to a <br />highway overpass /interchange Part of this process required the City to purchase privately owned land to dedicate <br />for future right of way (ROW). <br />The EDA became involved in this process when they assisted the purchase of a property located at 8020 147th Ave <br />NW ( "Subject Property"). A small portion of the Subject Property will be dedicated for future ROW. The larger <br />remaining portion was intended to be used for economic development purposes. <br />The property located at 8020 147th Ave NW contained two commercial buildings; along with various other site <br />improvements. In order to prepare the site for future development, the EDA contracted with Sauter & Son's for the <br />demolition of buildings and site cleanup of the Subject Property. <br />The EDA and City Council authored a partial payment to Sauter & Son's in February (90 %). Upon establishment of <br />turf on the Subject Property, Staff will release final payment (10 %, $2,350). <br />(4) Annual Business Appreciation Golf Tournament <br />Based on tradition, Tuesday, July 16 has been selected as the date for the 2013 Annual Business Expo. Staff will be <br />working on the details of this event over the coming months. <br />(5) Business Retention & Expansion Program <br />The EDA and City Council Reviewed the 2012 Business Retention and Expansion (BR &E) Program report in <br />February. Staff was directed to continue the BR &E program in 2013, to expand the scope of target businesses and <br />to develop a branded letter to be sent to all businesses visited in 2012. Staff will begin the 2013 program in April. <br />(6) Prospect Update <br />Staff is working with five prospects considering expansion in the City of Ramsey. Said businesses shall remain <br />anonymous until directed. <br />A. Staff is working with a prospect interested in purchasing a City owned property located at 14280 Azurite <br />Street NW for an expansion in Ramsey. The City has received an offer and will be discussing on March 12, <br />at the regular City Council meeting in closed session. <br />B. A large /significant Ramsey manufacturing has expressed interest in making a significant expansion in <br />Ramsey. Since December, this prospect has shown no activity. <br />C. This prospect is interested in expanding a function of their businesses from 5,000 to 10,000 square feet. <br />Their primary business is located in a facility they own, totaling 60,000 square feet. The proposed expansion <br />would be located off site. <br />D. A medium sized Ramsey manufacturing company has expressed interest in expanding their existing <br />