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<br />Item #: 6A <br />Meeting Date: December 19, 2014 <br />Type of Business: EDC <br /> <br />City of Mounds View Staff Report <br /> <br /> <br /> <br />To: Economic Development Commission <br />From: Brian Beeman, Business Development Coordinator <br />Item Title/Subject: Reports of Staff <br /> <br /> <br />A. Crossroad Pointe Redevelopment Project <br /> <br />In the month of October, staff selected Jack <br />LaSota, of Traffix Graphix owned locally, to <br />construct two 4’ X 8’ signs on three 4’ X 4’ <br />posts. The sign was installed Monday October, <br />27, 2014. The sign is positioned so that traffic <br />can see the sign from both County Rd 10 and <br />County Rd H2. Staff has also created brochures <br />which have been distributed to about 30 <br />developers and also placed copies in the front lobby of City Hall. Staff has received <br />about five phone calls on the property and has met with a developer specializing in <br />medical facilities. Regular correspondence is also being made with a restaurant that has <br />shown interest in the property. <br /> <br />B. Business Retention & Expansion (BR&E) Visits <br /> <br />Staff has visited ten businesses in a formal BR&E visit. A BR&E visit consists of <br />approximately 10 pre-determined questions. Appointments are normally made with the <br />company before the visits. The first 20-30 minutes of the visit allow the owners to <br />provide a company history and an in-depth explanation of the pre-determined questions. <br />The second part of the visit is a tour of the company facilities. Staff tries to never go <br />over an hour in any one visit. Overall, businesses seem to be doing well and they are <br />pleased with the city. Many of them are still in recovery mode from the Recession but <br />reporting increases in productivity. The fourth quarter is a very busy time for these <br />companies and some of them are not able to meet until the first quarter 2015. As a <br />result of a recent BR&E visit with a local manufacturing company, the city is working <br />with the company to find an adequate lot for a new building. <br /> <br />Albert’s Organic Foods will be relocating to Prescott, Wisconsin around Ju ly 2015. They <br />are building a 300,000 Sq. Ft. facility. While they seemed tight lipped about it, I suspect <br />that Wisconsin was able to offer them more land and business incentives. <br /> <br /> <br /> <br />