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First Priority <br />Tactics <br />(1) Business Retention & Expansion <br />The large majority local economic growth comes from <br />existing Ramsey businesses. The purpose of this goal is to <br />develop and maintain positive relationships with existing <br />Ramsey businesses (establish trust). This goal is <br />implemented through quality customer service, businesses <br />visits, and facilitating business events. <br />In 2017, staff would like to review the option of utilizing <br />the University of Minnesota's BRE program (link). If the <br />EDA was interested in the program, Connexus Energy has <br />indicated a willingness to sponsor the program (2018). <br />(2) Future Business Park <br />Continue to move along the City's future business park <br />initiative. Below are major work items to be addressed: <br />1. Finalize Economic Development Analysis <br />2. Develop and solidify the City's position/ <br />involvement/ policy. <br />3. Attain shovel ready status. <br />(3) Old Municipal Center Redevelopment <br />Facilitate redevelopment of old municipal center site. <br />Below are major work items to be completed: <br />1. Remove former Fire Station #2 and clean site <br />2. Close on sale of property, phase #2 <br />3. Close out land -swap agreement with Meadow <br />Creek Builders <br />Timeline <br />Ongoing <br />1. Winter 2016 <br />2. Winter 2016 <br />3. Fall 2016 <br />1. Fall 2016 <br />2. Winter 2016 <br />3. Fall 2016 <br />Additional Resources & Tools Required <br />Currently Sufficient: assuming moderate customer <br />service demand levels, sufficient resources exist to <br />complete this tactic as proposed. <br />Currently Sufficient: assuming moderate customer <br />service demand levels, sufficient resources exist to <br />complete this tactic as proposed. <br />This work item does require use of third -party <br />professional services (Shovel Ready Certifications, <br />Economic Development Analysis, and subsequent <br />due -diligence). TIF #1 and the EDA Fund have been <br />identified as funding sources for this work in the past <br />by the EDA and City Council. <br />Currently Sufficient: assuming moderate customer <br />service demand levels, sufficient resources exist to <br />complete this tactic as proposed. <br />The Anoka County HRA account has been identified <br />as a funding source for the demolition and site clean- <br />up work in the past. <br />Key Outcomes/Metrics <br />Complete 24 business visits <br />annually. <br />Execute EDA business expo, <br />business appreciation golf <br />tournament, and fall <br />networking event. Participate <br />in Anoka County Broker Event <br />and MN Marketing <br />Partnership. <br />This tactic fits within EDA <br />objectives 2 and 3. <br />"Ready -to -go" business park <br />and clear position of City <br />involvement. <br />This tactic fits within EDA <br />objectives 2 and 3 and the City's <br />strategic plan. <br />Old municipal center site <br />cleaned and ready for sale by <br />Winter 2016. <br />This tactic fits within EDA <br />objectives 1 and the Council's <br />strategic plan. <br />