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Agenda - Economic Development Authority - 06/02/2016
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Agenda - Economic Development Authority - 06/02/2016
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Meetings
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Agenda
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Economic Development Authority
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06/02/2016
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APPENDIX A <br /> Ramsey Economic Development <br /> 2015 ACTIVITY REPORT <br /> ECONOMIC DEVELOPMENT EVENTS MISCELLANEOUS <br /> 1. EDA Spring Business Expo 1. Creation of business advocacy Group for <br /> 2. Ramsey Happy Days Festival, Business Expo improvements to U.S. Highway 10. <br /> 3. EDA Fall Networking Event <br /> 4. MN Marketing Partnership Familiarization Tour 2. Future Business Park: completed infrastructure study <br /> 5. EDA Business Appreciation Golf Tournament and economic development study(December/ <br /> 6. Anoka Area Chamber Golf Tournament January). Next step,policy discussion/direction. <br /> 7. Anoka County Developer/Broker Event <br /> 8. Multiple Highway 10 Lobbying Tours 3. Old Municipal Center: phase one sold,and currently <br /> 9. Armstrong Interchange Ground Breaking(December) under development. Phase two requires demolition <br /> and site cleanup—expected to be ready by summer <br /> BUSINESS VISITS 2016. Demolition will likely be funded by the Anoka <br /> Formal (3): Riverside Manufacturing,Waltek,Zero Zone County HRA. <br /> Informal (10): Life Fitness, Dedicated Networks, Molin 4. Replaced COR real estate signs. <br /> Concrete, RJM,JBT,All Seasons Garage,Sil-Pro,Country <br /> Side Services,Sil-Pro, In'Tech, PSD LLC, M&G Trailer. 5. 167 Avenue/Highway 47 EDA Workplan item dropped <br /> (consider grant program). <br /> BUSINESS WELCOME BLASTS <br /> 9: Stoney River,The Lunch Box, USPS Mail Substation, 6. Spring Business Expo EDA Workplan item discussion <br /> Molin Concrete,All Seasons Garage Door,China Dragon, <br /> initiated. Was requested to be brought back for <br /> GNC,Country Side Services,Quality Forklift. further discussion. <br /> CITY OWNED LAND TRANSACTIONS 7. EDA began sponsoring the Anoka Area Chamber of <br /> PSD LLC---$1.89M(13.97 acres) Commerce, Manufacturers Coalition. <br /> • <br /> • Common Bond---$435K(1.85 acres) <br /> • Casey's---$596K(1.36 acres) 8. New TIF district created—TIF District 15,for <br /> • GS Land---$616K(14.86 acres) demolition of the former Health Quest building. <br /> • Meadow Creek---$0(land swap) <br /> TOTAL--$3.58M GROSS(32.04 acres) <br /> PROJECTS WITH CITY/STATE INCENTIVES <br /> • PSD LLC---$500K FV TIF <br /> • Life Fitness---$350K FV TIF <br /> • Life Fitness---$441K FV DEED <br /> • Dedicated Networks---$130K FV DEED <br /> • Dynamic Group---$250K FV DEED <br /> TOTAL--$1.672M FV, PAYGO <br /> NEW CONSTRUCTION VALUES, MAJOR PROJECTS <br /> • Dedicated Networks---20K SF($915K) <br /> • PSD LLC---121 Units($13.9M) <br /> • Common Bond---47 Units($7M) <br /> • Casey's General Store---5K SF($2.3M) <br /> • Life Fitness---48K SF($3.2M) <br /> • NTI---2K SF($150K) <br /> • Coborn's---Remodel ($492K) <br /> TOTAL--$28M New Const.Val. (Major Projects Only <br />
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