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ITEM # 5. <br /> • �/ <br /> City of <br /> Elk <br /> River <br /> MEMORANDUM <br /> TO: Economic Development Authority <br /> FROM: Heidi Steinmetz, Assistant Director of Economic Development <br /> DATE: February 9, 2004 <br /> SUBJECT: Strategic Industrial Marketing Activities Update <br /> Attachments <br /> • Memo from Sid Inman, Ehlers&Associates, entitled Industrial Business Parks — <br /> Development Agreement Points <br /> • "Employment Growth is Scattered Among Central MN Communities",MN Dept of <br /> Employment & Economic Dezeloprnazt Press Release,November 14,2003 <br /> • • Elk River Community Profile 2004 Web Page <br /> • City of Elk River Web Site,Home Page <br /> • 2004 Money Breakfast Flyer <br /> I. Product Offering Strategy <br /> Industrial Land Issue <br /> Staff and Ehlers&Associates are awaiting response from landowners of Elk River Business <br /> Park and Elk Path Business Center regarding terms of a master development agreement. <br /> The attached memo outlines the proposed terms. <br /> I I. Competitive Strategy <br /> The MN Dept. of Employment&Economic Development (DEED) provides custom <br /> analysis/presentations of statistical workforce information to communities throughout the <br /> State per request by communities. This service is free of charge. <br /> The attached article entitled "Employment Growth is Scattered Among Central MN <br /> Communities",prompted staff to request a custom analysis from DEED on job growth, etc. <br /> between Elk River and its competitors. <br /> Therefore,Cameron Macht,DEED Labor Market Analyst,will present his findings <br /> regarding staff's special request to the EDA at its March meeting. <br /> • <br />