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- -- East Metropolitan Joint Venture Proposal - -- <br />1. PURPOSE: An East Metro Economic Development Joint Ventura. <br />The purpose of the proposed coalition is to have an <br />organization that can act in the Joint economic development <br />Interests of the East Metro communities. These communities are <br />defined as those In Ramsey, Washington and Dakota Counties <br />which consider themselves to be Saint Paul suburbs, plus Saint <br />Paul itself. The general purpose of the Council will be to <br />perform business development marketing for the greater East <br />Metro community. This includes market planning, promotion <br />efforts, and prospect handling. <br />A promotion fund will be set up in Joint venture between the <br />chambers of commerce and municipal governments in the East <br />Metro area. This fund would be used: <br />First, to implement an immediate program of marketing the <br />entire East Metro region to Commercial and Industrial real <br />estate brokers and developers, companies in the Metro area <br />that are contemplating immediate expansion or relocation, <br />and residential real estate brokers and builders. <br />Second, to establish and implement a long —range program of <br />business retention and attraction, to ensure continuing <br />growth. <br />Revision 7, 11/17/86, Page 2 <br />67 <br />