Agenda - Economic Development Authority - 02/13/2014

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• Identify lot sizes based on demand, CBRE feedback, local business needs, etc. • Adjust comprehensive plan • Communicate with Engineering the needs of the park for infrastructure • Create sources and uses for park, seek funding, seek user to start the park Update Staff will be reaching out to property owners in the proposed business park area to satisfy the first bullet above. (8) CBRE, City of Ramsey's Preferred Broker Update On January 28t Ramsey City Council and the Ramsey HRA voted to approve a contract with CBRE. CBRE has started their process (gathering information, creating marketing materials, etc.) to market our community and Phase One listings. Staff is working to gather information on Phase One listings (utility information, etc.). On February 11t a work session is scheduled to focus on pricing of the Phase One listings. Please see the attached Press Release showcasing our new relationship with CBRE. (9) Agreement Close -Outs Staff is working to close out two satisfied Agreements —one with Professional Properties (Bertolas and Pekula) and the other with Cullinan Rigging. Professional Properties has requested closing the Agreement to remove the Minimum Assessment Agreement it contains. Cullinan Rigging has requested a close -out in order to expand at their existing facility. Update Council approved closing out the above Agreements via the consent agenda. (10) Business Welcome Letter Staff has prepared a letter to all businesses introducing the new Economic Development Manager as well as briefing businesses on our current projects. Staff will work with the Police Department to combine sending the letter along with business registration renewals (PD handles sending these certificates). Staff proposes sending a letter annually along with the business registration certificates. This provides increased communication, a "touch" with our local businesses, and reassurance that our door is open for our businesses and all. Update Staff worked alongside the Police Department and Administration to send out a letter to all Ramsey businesses. A copy of the letter is attached. All letters have been sent. (11) Greater MSP Lead Response The City of Ramsey, Anoka County, Anoka Technical College, and Connexus Energy collaboratively worked to respond to lead #200. Lead #200 is described in the attached document entitled "Greater MSP Lead #200 ". Our response is entitled "Response to Lead #200 ". Update The City of Ramsey was removed from the running for Lead #200. Staff will inquire for feedback (ties directly into our "Assessment of Community" priority in the 2014 EDA Workplan). Blaine, along with a number of other communities, are still in the running.