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Prospect Alpha <br />A well -established existing Ramsey business has expressed interested in expanding their <br />operations in the next two years. Said business employs over 100 people and occupies nearly <br />160,000 square feet. Staff is working with said prospect to layout options for expansion and <br />relocation within Ramsey. <br />Prospect Echo <br />A quickly growing, successful, Ramsey manufacturer has expressed interest in relocating their <br />operations to a new facility. Said manufacturer has posted a 20% increase in sales each year for <br />the past five years, employs 196 people in Ramsey, employs 52 people in a different metro city <br />occupies about 120,000 square feet in Ramsey and about 50,000 square feet in a different <br />metro city. <br />The prospect is proposing a new 220,000 square foot facility; which would consolidate their two <br />facilities and provide room for expansion. With that, the prospect would relocate 52 employees <br />to Ramsey and create an estimated 75-80 jobs within two years; over 300 jobs total (retained, <br />relocated and created). <br />Staff is working with prospect Echo now; and will be making a development proposal in the next <br />two weeks. <br />Business Retention & Expansion Program <br />Due to workload levels, Staff has not conducted proactive business retention and expansion visits since <br />January. Staff anticipates time to be available to conduct business visits either when an Economic <br />Development Manager is hired or following the EDA golf tournament and Happy Days. Events, admin <br />tasks, responding to prospects, 167/47 and the old municipal center projects are taking priority. <br />NOTE: staff has conducted 3-5 'reactive' business visits since January. <br />Economic Development Manager Position <br />The City held interviews for the new Economic Development Manager position on June 24. Three <br />candidates were selected for interviews. One candidate ended up withdrawing; therefore, two <br />candidates were interviewed. <br />At the conclusion of interviews, the review board unanimously agreed the candidates did not fit the <br />Economic Development Manager position. Therefore, the Council will be reviewing recruitment <br />alternatives on July 9. <br />8020 147th Ave NW, Nordvick Property <br />The City of Ramsey is in the process of improving the existing Highway 10/Armstrong Boulevard <br />intersection to a highway overpass/interchange. Part of this process required the City to purchase <br />privately owned land to dedicate 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 <br />