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Member Wiyninger asked if there are things the City could do differently to assist CBRE in moving <br /> properties. <br /> Mr. Pankratz replied that some of the signs are old, noting that with the contract extension they <br /> would put up new signs. He stated that each year they update the brochures with the new <br /> demographics and highlight new developments in the area. He stated that from a City standpoint, <br /> much of the work has been done using the example of survey work to determine what would be <br /> needed to develop a site. He commented that City staff is also responsive when he reaches out <br /> about potential leads and interest. <br /> Motion by Member Stewart, seconded by Member Wiyninger, to recommend to City Council <br /> approval of the Listing Agreement with CBRE from February 1, 2023 —January 31, 2024. <br /> Motion carried. Voting Yes: Chairperson MacLennan, Members Stewart, Wiyninger, Howell, <br /> and Riley. Voting No: None. Absent: Member Johnson. <br /> 4.03: Receive 2022 Business Retention and Expansion Presentation <br /> Economic Development Manager Sullivan presented the staff report. <br /> Member Stewart referenced the desire for more community involvement and asked for more <br /> details on what those businesses would be looking for. <br /> Economic Development Manager Sullivan replied that the businesses think the City does a great <br /> j ob with community events and simply want more,using the example of the summer concert series, <br /> Happy Days, and EDA events. He did not think it to be a negative but more of wanting more of a <br /> good thing. <br /> Member Stewart asked if the businesses eluded as to how they would like to be promoted better. <br /> Economic Development Manager Sullivan replied that the City Facebook page and newsletter <br /> were mentioned. He stated that although at times they spotlight a business, the City does not want <br /> to cross the line of advertising for specific businesses. He noted that businesses can advertise <br /> within the newsletter. He stated that there are other opportunities such as BNI and the Chamber <br /> of Commerce. <br /> Member Riley asked if the electronic billboard would help to meet that want. <br /> Economic Development Manager Sullivan confirmed that it would be another avenue for <br /> businesses to promote themselves,but it would be up to the business to choose to advertise on that <br /> source. The City negotiated reduced rates for Ramsey based businesses <br /> Member Wiyninger mentioned the comment that it can be difficult to schedule meetings with <br /> business leaders. He also stated that perhaps there is a way to cross advertise, noting recent <br /> businesses that staff met with and encouraging other businesses to reach out. <br /> Economic Development Authority/January 12, 2023 <br /> Page 5 of 7 <br />