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FC CASE # <br /> <br />LOUDI ECONOMIC DEVELOPMENT ZONE <br />CELEBRATION DELEGATION <br /> By: James E. Norman <br /> <br />Background: <br /> <br />The City of Loudi, China, has invited Ramsey City Officials to Loudi, China, on May 13, 2006, <br />to celebrate the third anniversary of their industrial park. It is anticipated that during the <br />celebration on May 13, there will be an announcement of an opening of a Chinese trade office in <br />Ramsey, Minnesota. <br /> <br />In conjunction with the anniversary, HSP & Associates has scheduled visits with potential <br />investors, builders, businesses, and department stores that have shown interest in the Ramsey <br />Town Center and industrial park areas. These visits would include owners of China Silk Robe, <br />China's Best Buy-type corporation, condo builder, and a shopping mall designer/builder. The <br />Ramsey Delegation will also visit and inspect a water fountain builder that has shown interest in <br />building a water fountain in the Ramsey Town Center Village Square Park at a reduced cost. <br />(An invitation and description of the visit is attached to this case.) <br /> <br />Staff is in the process of preparing a recommended delegation for the visit and will request <br />authorization to finance the City representatives of the delegation. Funds for the delegation <br />would be utilization of the Council Contingency Fund. <br /> <br />Committee Action: <br /> <br />Motion to recommend the City Council authorize Council Contingency Fund to fund the China <br />Delegation visit. <br /> <br />Reviewed by: <br /> <br />City Administrator <br />Finance Officer <br /> <br />FC: 04/11/06 <br /> <br /> <br />