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--- East Metropolitan Joint Venture Proposal — <br />1. PURPOSE: An East Metro Economic Development Joint Venture <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 brokero 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, 11117/86, Page 2 <br />