Agenda - Economic Development Authority - 05/16/2013

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Economic Development Authority (EDA) 4. 2. Meeting Date: 05/16/2013 Submitted For: Patrick Brama By: Kathy Schmitz, Administrative Services Title: Discuss Potential Future Industrial Park Land Background: Periodically, the City Council directs Staff to develop an inventory of surplus City owned land. The objective of developing an inventory of surplus City owned land is to identify properties that are underutilized; and unneeded for current or future City functions. Staff conducts this procedure as outlined in the attached policy for disposition of City owned land. The City conducted a land inventory in 2011-2012. In April, the EDA reviewed the 2011-2012 City Owned Land Inventory; at which time Staff was directed to begin looking for sites that were available for a future industrial park. The purpose of this case is introduce the discussion of a future industrial park in the City of Ramsey; and to specifically consider a relationship/partnership with Al Pearson. Attached to this case is a reference map; which includes potential industrial park sites. Observations: Staff will review all potential industrial park sites at the EDA meeting. NOTE: In order to provide detailed information on each proposed option, further research will need to conducted. In response to a manufacturing prospect that recently approached the City, Staff began analyzing the Al Pearson property located on the north side of Highway 10. Attached to this case is a profile for the Al Pearson property (north). For various reasons, the Al Pearson property may be the most viable site in Ramsey for a future industrial development. Support information will be provided in the EDA meeting. City Staff will review in detail (during the EDA meeting) a proposed relationship/partnership with Al Pearson. Funding Source: NA Staff Recommendation: (A) Provide Staff with general direction and input regarding the sites identified as future potential industrial parks; (B) and, provide Staff with direction regarding the potential development of the Al Pearson property (north) for an industrial park. Action: (A) Provide Staff with general direction and input regarding the sites identified as future potential industrial parks; (B) and, provide Staff with direction regarding the potential development of the Al Pearson property (north) for an industrial park. Attachments