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EDA Packet 09.19.17
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EDA Packet 09.19.17
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12/7/2018 4:12:50 PM
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Commissions
Meeting Date
9/19/2017
Document Type
Agenda/Packets
Commission Name
EDA
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• Location and transportation connections, including Highway 61, the BNSF <br />railroad, and the close proximity of I-35E. <br />• Access to major markets and to available infrastructure within the Twin Cities <br />area <br />• Well educated, skilled, and rapidly expanding labor force <br />• Natural resources <br />• Schools <br />• Diversity of housing options <br />• Low crime <br />• Available land <br />• Financial incentives, including Tax Increment Financing <br />• Constructed local infrastructure including roads and utilities <br />• Helpful, Effective, and Supportive City Council and City staff <br />Since 2005, the City has welcomed a number of new commercial retail, service and <br />medical businesses to the community, bringing important goods and services to the <br />citizens. These new business owners have identified several reasons for locating <br />commercial businesses into the City including: <br />• A rapidly growing population with attractive demographics <br />• Improvements to the CSAH 8 corridor <br />• High quality, well planned, and attractive development <br />• Lack of other similar businesses within close proximity <br />• Available land <br />The City should continue to identify strengths and opportunities. In addition, the City <br />should identify barriers to new business development and seek ways to eliminate or <br />minimize those barriers. The City should continue this effort by asking existing business <br />owners to identify barriers and opportunities though an outreach survey. <br />
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