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a <br /> 0 Staff Memo <br /> To: Economic Development Commission Members <br /> From: Cathy Bennett, Economic Development Coordinator <br /> Date: February 17, 1995 <br /> Agenda Item: Review Results of Hotel Development Survey <br /> (5.C.) <br /> I have attached an overview of the results from the Survey sent to over 600 businesses <br /> in Arden Hills, Blaine, Mounds View and New Brighton. The results are generally very <br /> positive but I noticed that most of the businesses that responded were generally small <br /> in size. <br /> • There was a 12 percent return with most of the businesses responding from Mounds <br /> View and Blaine. Over 85 percent would be in support of a conference center\hotel. <br /> There was only a few who felt the North Metro didn't need this type of facility and <br /> the remaining were too small to answer because they do not currently have no use <br /> for hotel\conference center. Even though I mentioned in the letter that this would <br /> not be a City owned facility there were still several comments that they would not <br /> want to see their tax dollars increase due to City's participation in the project. <br /> To date I have not heard on any progress from Mr. Hall on the project. The City is <br /> awaiting needed financial proforma to be able to determine if TlF can be or should be <br /> used for the project. <br />