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-44 <br /> • 1995 YEAR END REPORT <br /> ECONOMIC EVELOPM DEVELOPMENT <br /> Business Retention & Development/Marketing <br /> Attraction and Retention Efforts: <br /> With the completion and evaluation of Mounds View's survey to more than 100 <br /> businesses, twelve actions step were approved to address areas of concern in 1995. <br /> The action steps, developed by the EDC with the approval of the EDA, were unveiled <br /> to more than 25 businesses at a reception hosted by Sysco Minnesota. <br /> A list of targeted industries was developed to assist in the attraction and retention of <br /> business. This list was distributed to Moundsview Square, Silver View Plaza and <br /> Mounds View Business Park leasing agents along with a letter from the Mayor to <br /> encourage the attraction of the target industries. <br /> As a continuation of the retention survey process, the economic development <br /> coordinator met with 40 business representatives to discuss retention and <br /> development programs in Mounds View. In addition, Mounds View participated in 5 <br /> • open houses for new and expanding businesses and held two forums specially <br /> designed for businesses with regards to crime prevention and revision of the sign <br /> ordinance. Approximately 20 businesses attended these forums. <br /> In an effort the take advantage of all potential development opportunities for <br /> commercial, industrial and retail space in Mounds View, response was made to 34 <br /> Metro East Development Partnership requests for proposals and 24 additional outside <br /> requests on sites in the area. <br /> As a direct result of these efforts, Mounds View was able to spur the development of <br /> property to the north of the Bridges Driving Range. The 5 acre development, called <br /> Bridges Technology Park, was made possible with the City's assistance through a pay- <br /> as-you-go Tax Increment Financing agreement. The first phase of the project was <br /> developed for the headquarter location of Midwest I.V., a pharmaceutical company <br /> specializing in the manufacture and distribution of in-home IV kits, and for Laser & <br /> Cutting Technology, a precision laser cutting operation for industrial tools. This is a <br /> very significant achievement as it sets the stage for the development of the remaining <br /> parcels in the area. <br /> 1 <br />