Agenda - Economic Development Authority - 01/25/2018

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Background Information On Ramsey The City of Ramsey is situated in the Twin Cities metropolitan area in a way that provides great benefits as well as challenges to its residents and businesses. The Northstar commuter rail to downtown Minneapolis stops in Ramsey, connecting the city to the metropolitan urban core. Highway 10, an important route connecting the Twin Cities to northern Minnesota, runs through Ramsey. A diverse range of housing options in the City of Ramsey is available for different types of households in the outer -ring suburbs. The manufacturing industry in Ramsey is strong, and the city's commitment to economic development, particularly with importance of office parks, ensures a wide variety of commercial activity and a growing number of jobs available in the city. The Mississippi River and the Rum River provide natural resource and recreational amenities to the city. One of the greatest challenges for the City of Ramsey is attracting retail and restaurant services to the city. On Business Services 1 There are a patchwork of business services available for small businesses in Ramsey. The City of Ramsey has an existing a business retention and expansion program, which includes business visits (goal of 24 visits annually); hosting the business expo, golf tournament, and networking events; and participating in the Anoka County broker event, Anoka Ramsey job fair, and MN Marketing Partnership. The city also has a robust set of marketing tools and financial incentives for attracting new development. Beyond city services and resources, there are a variety of organizations that provide assistance to Ramsey businesses, whether in making connections, providing loans, finding employees, and more. A comprehensive list of these organizations has been provided in Appendix A. Source: City of Ramsey Source: City of Ramsey Business Incubators and the City of Ramsey 4