Agenda - Economic Development Authority - 11/14/2013

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(7) Award Letters/Plaques Update Formal letters were drafted, placed in plaques, signed by various City officials and recently delivered to eight Ramsey businesses for various accomplishments. • MN Manufacturer: Small -Size Manufacturer: Dynamic Group, Finalist • MN Manufacturer: Mid -Size Manufacturer: Sign Zone, Winner • New Business: Noble Romans Pizza • New Business: Dollar Cents • New Business: Fairway Liquors (1 year) • Re -Branded Business: Salon Ciry (St. Germain) • Anoka Chamber: Retail/Mfg. Biz of the Year: Bank of the West, Winner • Anoka Chamber: Service Biz of the Year: Acapulco, Finalist (8) RFP, Real Estate Services Update The City Council direct staff to conduct a RFP for real estate services on September 10, 2013. Staff solicited about 100 brokers to provide a response to the adopted RFP, the City received five total responses and Staff conducted three informal interviews. One response included interest in listing both commercial and residential real estate --the remaining four responses indicated interest in listing residential real estate only. Overall, Staff was unsatisfied with the number, and quality, of RFP responses received. However, through the original RFP process, Staff has concluded a better model is evident (for real estate broker services) than was prescribed in the original RFP. Consequently, staff is proposing the City Council terminate the original RFP process initiated on September 10; and, consider a new process for soliciting real estate broker services --Request for Qualifications (RFQ). On Tuesday, November 12, the City Council will be considering a case to terminate the original RFP process initiated on September 10; and, consider a new process for soliciting real estate broker services --Request for Qualifications (RFQ). Please review case via agenda quick for details. Staff would expect a broker to be selected mid -December or early January.