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Agenda - Economic Development Authority - 04/19/2007
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Agenda - Economic Development Authority - 04/19/2007
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3/25/2025 3:16:17 PM
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4/13/2007 11:15:49 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Economic Development Authority
Document Date
04/19/2007
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<br />Case # 4 <br /> <br />MEMO <br /> <br />DATE: <br /> <br />March 2, 2007 <br /> <br />TO: <br /> <br />Economic Development Authority (EDA) <br /> <br />FROM: <br /> <br />Sean Sullivan, Economic Development Coordinator <br /> <br />RE: <br /> <br />Staff Update <br /> <br />New Business Prospects: <br /> <br />Cullinan Rigging - This prospect is still interested in developing the site in Ebony <br />Addition. The architect is designing the building and the Developer is awaiting a Sworn <br />Construction Statement. <br /> <br />Minnesota Waterjet - Project financing has been worked out and it the project closed <br />on March 30, 2007. Look for this $20,000 square foot facility to be fully operational this <br />fall. <br /> <br />Unnamed Prospect - A small manufacturer (20,000 - 35,000 S.F.) has shown interest in <br />locating to the City of Ramsey. The company is interested on locating on Ebony <br />Addition site. Stay tuned... <br /> <br />Panther Precision - Panther continues to express interest in acquiring the site adjacent <br />to its existing facility. <br /> <br />Plastic Injection Mold Company - Staff has submitted a proposal to a 100,000 Square <br />foot project. More details to come. <br /> <br />Business Grand Openines:. Riverside Manufacturing (April201'n) will have a grand opening <br />and ribbon cutting from 11 AM to 2 PM. <br /> <br />Business Communication Initiatives: The meeting date for the Business COlmection Meeting <br />is undetermined at this point. <br /> <br />TH 47 AIi2nment meeting: There is a meeting on April 19th from 5:30-8:00 to review and <br />comment on altematives for the future of Highway 47. See attached infonnation for more <br />details. <br /> <br />Communitv Revitalization Proiects <br /> <br />14280 Sunfish Lake Blvd NW: Riverside Manufacturing - Building is done and a Grand <br />Opening is scheduled for April 20, 2007. <br /> <br />5175 142Jld Avenue NW: Nothing new to repOlt. <br /> <br />30 <br />
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