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02/17/88
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02/17/88
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6/24/2025 3:51:27 PM
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Meetings
Meeting Document Type
Minutes
Document Title
Economic Development Company Board of Directors
Document Date
02/17/1988
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Case #4: Review Economic Development Programs Available to Ramsey. <br /> <br />Mr. Ippel reviewed with the Board technical and economic assistance <br />programs he thought would be most applicable to Ramsey. These programs <br />are: MnTED's Economic Development Grant Program; MnTED's Development <br />Program; MnTED's OMNI 504 Program; SBA's 7A Program; SBA's Management <br />Assistance Program; Job Training and Tax Credit Programs; and small <br />business energy program. The Board discussed using the Economic <br />Development Grant Program to assist a Ramsey business and requested that a <br />representative of MnTED be at the next meeting to review the program <br />requirements with the Board. <br /> <br />Case #5: ~Bformation Items. <br /> <br />Mr. Ippel reviewed with the Board the training programs offered by the <br />National Development Council. <br /> <br />Case 96: Discussion Regarding Co_mpanyGoals. <br /> <br />Mr. Zimmer noted that the Company needs to identify its long-term goals, <br />interim goals and short-term goals before it can address needs such as <br />staff and funding. <br /> <br />The Board agreed that the long-term goal of the Company is to foster and <br />promote economic development in Ramsey; to generate commercial and <br />industrial development and to increase jobs available in Ramsey. <br /> <br />The Board outlined the following goals and needs. <br /> <br />COMMERCIAL AND INDUSTRIAL DEVELOPMENTANDJOBCREATION <br />Company can assist through: <br />- financing/funding <br />- marketing/coordination and information <br />- development/technical assistance <br />- communication <br /> <br />OOMPANYNEEDS TO ACHIEVEGOAL(S): <br /> - income <br /> - budget <br /> - active membership <br /> - projects to achieve goals <br /> - an identity/increased community recognition and role <br /> - office/location for Company <br /> <br />POTENTIAL COMPANY PROEJCTSTOACHIEVEGOALS <br /> - Economic Development Grant <br /> - Action on Highway 10 Study <br /> - Company endorsement of Study (to be discussed on 3/2/88) <br /> - assist in implementing portions of recommendations <br /> - Land inventory/unified development plan <br /> - assist in industrial park development <br /> - Flagship to highlight Highway 10 corriddor/entrance to Ramsey <br /> Economic Development Company/February 17, 1988 <br /> <br />Page 2 of 3 <br /> <br /> <br />
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