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Member LeTourneau noted the Council will be discussing in a Work Session planning for future <br />needs. <br />Asst. City Administrator/Economic Development Manager Brama reviewed the second and third <br />items with the Commission as follows: <br />Item 2 — Business Retention & Expansion is about developing and maintaining relationships. <br />Putting together EDA events and going to network events. This is part of the EDA that most <br />people understand and expect of the Commission. <br />Item 3 — Future Business Park, there are a number of specific work items with deadlines and <br />completion times with some items that have phases. <br />Asst. City Administrator/Economic Development Manager Brama suggested adding one item to <br />the list, which is RFQ that has been pushed out to Engineering Firms for cost analysis. He stated <br />staff needs to dive in and address the possible implications of nearby train tracks and if they <br />would hinder businesses from coming into Ramsey. <br />Acting Chairperson Skaff wondered if there was a way to do a seismic study on the implications <br />of train vibrations near the proposed business park. <br />Asst. City Administrator/Economic Development Manager Brama stated this can be done if the <br />Commission and Council decide it is needed. <br />Member Williams thought it was important to find out first what the cost is and then what benefit <br />it would be for the City. <br />Member Riley stated a perspective user would probably want to do their own study so a study <br />done by the City may have limited value and not worth the time or money. He stated if the <br />prospect business is concerned about it, the business would probably want to move elsewhere. <br />Member Riley stated they are not trying to focus on warehouse businesses with very few jobs. <br />Member LeTourneau stated the City needs to balance this out, look at the market, at what is <br />needed, and what can be handled. <br />Asst. City Administrator/Economic Development Manager Brama reviewed the fourth through <br />seventh items with the Commission as follows: <br />Item 4 — Old Municipal Center Redevelopment, they are looking to redevelop this parcel. <br />Asst. City Administrator/Economic Development Manager Brama did not think this needed to be <br />reviewed at this time. <br />Economic Development Authority/December 11, 2014 <br />Page 3 of 8 <br />