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Further discussion: Member Williams asked Economic Dev. Mgr/Assistant City Administrator <br />Brama to follow up with the County EDA on how they can assist the businesses in the area. <br />Motion carried. Voting Yes: Chairperson Steffen, Members Brunt, Burandt, Riley, Skaff, and <br />Williams. Voting No: None. Absent: Member Hardin. <br />4.04: Review Update on the City's Potential Future Business Park — Economic <br />Development Analysis <br />Economic Dev. Mgr/Assistant City Administrator Brama presented the staff report. <br />Mr. Mike Mulrooney made a presentation to the EDA. <br />Commissioner Riley stated the executive summary indicates Brooklyn Park was not looked at <br />but should be looked at. He wondered why it was not considered. <br />Mr. Mulrooney stated it was not included in the scope of work but he thought this was something <br />they should take a look at as they collect additional information relative to feasibility. For this <br />reason the City of Brooklyn Park has property that has been attractive to industrial development <br />in the last couple of years. The location of most of that property is at the intersection of 610 and <br />169. The 169 corridor comes up into Ramsey and any business that is interested in the 169 <br />corridor that Ramsey is would have to take into consideration available property in Brooklyn <br />Park. He thought it would be important to have the EDA look at this because knowing what the <br />competition currently is at that particular location is important. <br />Chairperson Steffen asked if Mr. Mulrooney had a big take away as he was gathering <br />information, something he did not previously know before. <br />Mr. Mulrooney stated he did to the degree that his perception was that there is not a lot of <br />property available and knew that was a fact in Ramsey and Anoka but as he visited Elk River it <br />was somewhat surprising to him how little property is available there as well. He stated the <br />industrial industry is picking up in the northern metro and a lot of what has impeded the <br />development of many of these projects has been the shortage of labor to build them. <br />Member Burandt left the meeting at 9:24 a.m. <br />Chairperson Steffen asked for an update on the cost benefit analysis. <br />Mr. Mulrooney stated that will be ready for the next EDA meeting. He stated they will look at <br />alternatives and all options including working with existing property owners to reduce expense <br />and risk associated with any business park development. <br />5. MEMBER / STAFF UPDATE <br />The EDA reviewed the Staff Update. <br />Economic Development Authority/November 5, 2015 <br />Page 7 of 8 <br />