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~he following Ramsey Economic Company goals and objectives were outlined: <br /> <br />1. Promote economic development in the City of Ramsey. <br /> <br />a. New business. <br />b. Existing business. <br /> <br />2. Serve as a vehicle or tool to channel CDBG funds. <br /> <br />3. Establish a loan fund for future eoonomic development. <br /> <br />4. Serve as a vehicle or tool to obtain information on grant funds <br /> available from other State agencies. <br /> <br />Ms. Norris was to directed to place on the next Economic Development Commission <br />agenda a discussion regarding establishing a subcommittee to collect <br />information pertinent to new and existing development such as zoning <br />requirements. ~his subcommittee should be available to meet with developers, <br />prospective incoming businesses and existing businesses with expansion plans. <br />~his subcommittee should also be represented by a member of Council. <br /> <br />Mr. Greenberg requested that Ms. Norris investigate whether or not a non-profit <br />organization, like the Economic Development Company, can hold raw or <br />undeveloped land as tax exempt until it is developed. <br /> <br />Ms. Norris was directed to invite representatives from the State Department of <br />Economic Development and Coon Rapid's Economic Development Company present at <br />the next Ramsey Economic Development Company meeting. <br /> <br />O~se #4~ Discussion Reqarding Distrjbution Of_Br0chure~ <br /> <br />Ms. Norris was directed to place on the next Economic Development Commission <br />meeting agenda a discussion regarding a breakfast meeting with local developers <br />for the purpose of distributing to them the new City Promotional Brochure. <br /> <br />Discussion Reqardino Bill <br /> <br />Ms. Norris was directed to place this item on the next Ramsey Economic <br />Development Company Board of Directors meeting agenda. <br /> <br />~he Ramsey Economic Development Company Board of Director's meeting adjourned <br />at 8:30 a.m. <br /> <br />Respectfully sutmitted, <br /> <br />Sylvia Frolik <br />Secretary <br /> <br />December 19, 1985 <br />Page 2 of 2 <br /> <br /> <br />