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<br />Case # 5 <br /> <br />MEMO <br /> <br />DATE: <br /> <br />August 30, 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 />Unnamed Prospect - Printing Company; 50,000 SF with opportunity to expand. . <br />Staff has contacted the company and told them that the City is willing to subdivide a lot <br />to accommodate their needs. <br /> <br />Unnamed Prospect - A Biotech manufacturer (70,000 - 80,000 S.F. with expansion up <br />to 150,000 S.F.) has shown interest in locating to the City of Ramsey. The company has <br />interest in the large lot in Sunfish Lake Business Park. Staff has met with the site <br />selection team for this company and there is certainly interest in locating to Ramsey. <br />They also have put an offer in for the Cornelius building in Anoka. Stay tuned ... <br /> <br />Unnamed Prospect - A precision tooling company that is interested in a site that could <br />accommodate 150,000 S.F. <br /> <br />Unnamed Prospect - Manufacturer from Wisconsin (17-30,000 SF) <br /> <br />Unnamed Prospect - Manufacturer in the rotary market; size unknown <br /> <br />Unnamed Prospect - Manufacturer in tools and plastics; size unknown <br /> <br />Unnamed Prospect - A law firm/satellite company is interested in constructing a 10- <br />15,000 SF office building. <br /> <br />Business Grand Openin2;s: An American Family Insurance could be arranged with the <br />Chamber. <br /> <br />Business Communication Initiatives: The Business Appreciation Day was held on August 21, <br />2007. It was well attended and the businesses seemed to have a great time. Thank you for all of <br />you that assisted in this event. Thank You's were sent out to businesses that sponsored holes or <br />donated prizes that were signed by myself and the Mayor. The thank was extend from the <br />Ramsey EDA and the City Council. <br /> <br />Community Revitalization Proiects <br /> <br />5175 142nd Avenue NW: Nothing new to report. <br /> <br />25 <br />