Receive 2019 Business Retention and Expansion Presentation

The purpose of this case is to receive the attached report/information on the 2019 Business Retention & Expansion Program.  The 2019 goal was to make 30 business visits. In 2019, 25 formal business visits/surveys were conducted but over 30 business contacts/communication were made.  In 2018, 32 business visits/surveys were made.  Staff had numerous informational meetings with Ramsey businesses over the course of the year that are not included in this report.   

The attached report is summary data from all the visits in 2019.  With the strong economy, is has been difficult to get visits scheduled with many businesses, but Staff will continue to work toward the goal of 30 in subsequent years. These visits are a good way to strengthen relationships with businesses.

Notification is not required.

See attached report for detailed observations.

This case is being handled as part of normal Staff duties.

No action is requested.

Staff will recommend this report/information be reviewed by the EDA during the 2021 EDA Work Plan Update, and by the City Council 2020 Strategic Plan Update.

No action is requested.