Laserfiche WebLink
FIVE YEAR GOAL PLAN <br /> The 1995 Five Year Goal Plan is scheduled to be hand delivered <br /> this weekend. A special Golf Course edition is being delivered <br /> at the same time. <br /> Tim C. <br /> Business Retention: <br /> • Economic Development Commission member, Mark Malone and I met with a <br /> local manufacturing company, Industrial Custom Products. The meeting was <br /> prompted by an article in the City Business paper regarding ICP's recent buyout <br /> and search for new space. I have attached a copy of the article to this it it. The <br /> company is looking to lease less expensive space and would like to stay in the <br /> North Metro. Unfortunately, the Mounds View Business Park's lease rates are <br /> too high and there is no other space in Mounds View available that would fit <br /> their needs. In any case the President was very appreciative of the City's <br /> interest in the company's future plans. Currently, they are looking at space in <br /> Blaine and New Brighton. I will be putting the company in touch with Ramsey <br /> County regarding their business loan program. <br /> Business Loan Program: <br /> • Samantha and I met with Jim O'Meara regarding the drafted business loan <br /> participation agreement and to find out what requirements the EDA needs to <br /> fulfill to be able to use the excess tax increment dollars to fund the program. <br /> Fortunately, with the last amendment to the TIF plan, this type of activity is <br /> included. Therefore, we will only need to prepare a resolution for EDA's <br /> approval outlining how the program fits into the plan. It is expected that all the <br /> documentation will be ready for EDA's review at the May work session. <br /> Cathy <br />