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Agenda - Economic Development Authority - 03/08/2007
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Agenda - Economic Development Authority - 03/08/2007
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3/25/2025 3:16:12 PM
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3/1/2007 9:36:34 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Economic Development Authority
Document Date
03/08/2007
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<br />, <br />, ..' k.. <br /> <br />" <br /> <br /> <br />SHARP & ASSOCIATES, LLC <br />10907-93rd Avenue North <br />Maple Grove, MN 55369-4199 <br /> <br />Other costs involved during and after construction are: <br /> <br /> Ramsey . Maple Grove <br />New Electrical Services $6,000 to $8,000 -0- <br />Storm Water Utility Fee $2,635.99/ year -0- <br />Business Registration Fees $30.00 + $25.00/ year -0- <br />Waste Management Fee $2,047.71 / year -0- <br />Sewer & Water Costs $7,459.32/ year $4,027.99 <br />( <br />Cost per 1000 gal. $3.21 / 1000 gal. $1.92 / 1000 gal <br />House Electric $3,773.79 $1,010.56 <br /> <br />What has brought these things to my attention is our vacancy rates. For many years we were <br />able to sway business people to choose the city of Ramsey because it was less expensive to <br />operate a business due to lower real estate taxes, electrical costs and a good source of man power <br />north of the river that did not want to commute across the Anoka bridge twice a day during rush <br />hour. Most of our vacant space was in Hennepin County. Now our vacant space is in Ramsey <br />and I didn't know why until my office staff pointed out that the gross rent in Ramsey is now <br />higher than Hennepin County with taxes and CAM charges. These things often slip through the <br />cracks unnoticed and respectfully, also may have gone unnoticed by the staff and council as well. <br />It has always been our intention to help the city of Ramsey grow and we have received much <br />help from staff and council. The incubator spaces which we are mostly involved with, have <br />nurtured many small business firms who have in turn. grown into larger single tenant buildings in <br />Ramsey such as: Detail Tool and Engineering, Listul Corporation, Digital Automation, Integrity <br />Tool and Engineering, Carbon Products, InTech Industries, RJM General Paper, Building <br />Fastners, Soderholm and Associates, TJ and Associates and others. Some of these as well as <br />others we lease space to are looking to expand and they will all do their homework before <br />choosing a site. Some of the costs we have listed are minimal, but we have lost good tenants <br />over a fifty dollar bill. <br /> <br />PHONE (763) 425-2002 <br />FAX (763) 425-6428 <br /> <br /> <br />14 <br />
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