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to compare data and staff anticipates that visits will begin the end of April, adding that a visit it <br />scheduled for today with Green Valley Greenhouse. He reported that Prospect Alpha is <br />Diamond Graphics and they are moving forward with their plans. He reported that the City has <br />heard nothing further from Prospect Bravo, a large manufacturer, and no further action will be <br />taken at this time. He reported that Prospect Charlie is interested in expanding its business and <br />taking over part of its building currently being subleased. He indicated staff has met with the <br />sublessee and is confident the City can help them relocate. He reported that Prospect Delta is <br />interested in expanding its 20,000 square foot facility by 10,000 square feet and has contacted <br />the City for names of builders. He reported that Prospect Echo is a small manufacturer interested <br />in expanding its facility by approximately 8,000 square feet. He reported that Prospect Foxtrot is <br />a small, quickly growing concrete business interested in purchasing City owned land on Ramsey <br />Boulevard and Highway 10. He stated the City is in the process of hiring an Economic <br />Development Manager and a finalist has been selected. <br />Member LeTourneau requested that staff send invitations to the EDA Members and City Council <br />whenever business visits are scheduled as part of the Business Retention and Expansion <br />Program. <br />5. Member/Staff Input <br />City Administrator Ulrich provided an update on funding for the Armstrong interchange and <br />stated the City and County have committed $10 million for this project and the State has been <br />asked to provide $17 million with the balance coming from the Federal government. He reported <br />that the City's request has been included in the House bonding bill. <br />6. Adjournment <br />Motion by Member Skaff, seconded by Member LeTourneau, to adjourn the meeting. <br />Motion carried. Voting Yes: Chairperson Steffen, Members Skaff, LeTourneau, Brunt, Hardin, <br />Riley, and Williams. Voting No: None. Absent: None. <br />The regular meeting of the Economic Development Authority adjourned at 9:11 a.m. <br />Respectfully submitted, <br />Kurtis G. Ulrich, City Administrator <br />ATTEST: <br />Patrick Brama, Management Analyst <br />Draft by Barbara Hughes (TimeSaver Off Site Secretarial, Inc.) <br />Economic Development Authority/April 11, 2013 <br />Page 6 of 6 <br />