Skip to main content

AgendaQuick™

View Agenda Item

4.4.
Economic Development Authority (EDA)
Meeting Date:
11/05/2015
Submitted For:
Patrick Brama
By:
Patrick Brama, Administrative Services

Title:

Review Update on the City's Potential Future Business Park - Economic Development Analysis

Purpose/Background:

PURPOSE:
Review update on the City's potential future business park - economic development analysis.

It should be noted, the "economic development analysis" includes three steps.  The purpose of this case is to review work completed for step #1 and authorize step #2.
 
STEPS
(1) Market Analysis
(2) Cost-Benefit Analysis
(3) Alternatives and Recommendations

BACKGROUND (Economic Development Analysis):
At the September EDA meeting, ACG Consulting was authorized to complete the attached professional services work order--an economic development analysis for the City's potential future business park.  Please see attach case MEMO and work order proposal from ACG Consulting for detailed background information (three step process).

BACKGROUND (Future Business Park):
Please see attached "Background" and "Process & Next Steps" documents for details.  In summary, the EDA/ Council are currently in the middle of a process to consider pursuing a new future business park for the City of Ramsey.

NOTE: the analysis will be emailed to EDA members individually; and will not be attached to this case.

Notification:

NA

Observations/Alternatives:

NA

Funding Source:

EDA Miscellaneous Professional Services Account.

Recommendation:

NA

Action:

PURPOSE:
Review update on the City's potential future business park - economic development analysis.

It should be noted, the "economic development analysis" includes three steps.  The purpose of this case is to review work completed for step #1 and authorize step #2.
 
STEPS
(1) Market Analysis
(2) Cost-Benefit Analysis
(3) Alternatives and Recommendations

Attachments

Form Review

Inbox Reviewed By Date
Kurt Ulrich Kurt Ulrich 11/02/2015 02:34 PM
Form Started By:
Patrick Brama
Started On:
11/02/2015 10:31 AM
Final Approval Date:
11/02/2015