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Councilmember Strommen suggested the EDA review the Five Year Goals drafted by the City Council last year to determine what goals are relevant to the EDA. The Council goals and the EDA goals could be reviewed side by side to determine where they overlap. Member Gromberg suggested the Business Appreciation Event be limited to less than 40 teams. Economic DevelopmentJTIF Specialist Sullivan replied at a future meeting the Board will consider whether to have the golf tournament expand to incorporate golf on two courses. Mayor Gamec has indicated he does not want any teams to be turned away from the event. Chairperson Riley noted as a group the EDA has gotten out of planning the actual golfing event. He inquired if the EDA will become involved in planning the event again. Economic DevelopmentFFIF Specialist Sullivan replied he may need assistance with certain things as the event comes closer. The 2006 work plan was determined as follows, with changes shown in italics: TIF Incentives/Land Purchases/CDBG · Tin Pan Alley · Industrial/Business Park Properties · Continue acquisition ofblighted props · Additional funding sources · Acquisition and marketing of additional industrial land Signs Redevelop signs (continue to use and update) City of Ramsey monument signs Marketing · Update marketing brochures/advertisements · Continue to advertise in Real Estate Journal · Update Website (highlight Economic Development) · Work with Post Office towards creation of zip code for the City of Ramsey Communication with Businesses · Ramsey Resident · Initiate additional publications or events · Initiate additional publications or events · Business connection newsletter (less frequent) · QCTV Economic Development updates (be certain nothing older than 6 months is being run) · Business Connection Meeting(s) (1 or 2 depending on the need for the year) · EDA Tour oflocalbusinesses Economic Development Authority/January 11, 2006 Page 3 of 6 3