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City of Elk River <br /> Strategic Industrial Marketing Plan <br /> Elk River...Where city and country flow together <br /> • <br /> Client Requirements City of Elk River Value of Attribute <br /> CITY°SERVICES AND.COSTS ..' <br /> Low property taxes • Below average of 129.332 Advantage <br /> -Elk River 1999=121.130 <br /> 2000=119.362 <br /> Special Infrastructure Needs: Electric, • All infrastructure in place and able to provide needed Advantage <br /> Gas,Communications,Water&Sewer capacity in most cases <br /> Availability,Reliability&Cost <br /> Timely and accurate information • Need to improve location site process Working to establish location <br /> site process. <br /> Ease of doing business with city • Need to improve location site process Working to establish location <br /> site process. <br /> GEOGR TAJC ATTRIBUTES <br /> Proximity to St.Cloud • 40 minutes on Hwy 10 Advantage <br /> Access to: <br /> • Suppliers • Hwy 169,101,and 10 plus the proximity of I-94 offers Advantage <br /> • Support services easy access to customers,suppliers and services. <br /> • Raw materials <br /> • Customers <br /> • Vendors <br /> (Proximity to Metro) <br /> Transportation: <br /> • Highway • <br /> • Rail <br /> Hwy 169,101,10&close proximity to I-94 Advantage <br /> • BNSF main line spur b/w Jackson and Proctor Ayes. Advantage <br /> • Possibility in E.Bus.Park <br /> • Air • No local air strip Disadvantage <br /> Industry Compatibility • Desire light industrial Advantage <br /> Labor Force: Number,quality,skill and <br /> wage level <br /> • Highly skilled • Draw from NW metro and out-state(i.e.Princeton& Neutral <br /> • Semi-skilled Milaca)labor pool. <br /> • Unskilled <br /> • Clerical <br /> • Professional/Technical <br /> • Managerial <br /> EI'. CATIG.NI.iIIO17W(GIBUSINESS N WOR c :,„ .: <br /> Education: <br /> • K-12 <br /> • Technical training <br /> • 98%graduation rate—1999 Neutral <br /> • 24%go on to 2 year college <br /> • 28%go on to 4 year college <br /> • Student:Teacher=16:1 <br /> • Student:Computer=12.5:1 Neutral <br /> • Anoka-Hennepin Tech College <br /> Housing Needs: <br /> Current Stock Availability • TBD TBD <br /> Price Levels • <br /> Institutional Support&Network <br /> Average existing Sale Price 1989=$139K Neutral <br /> • Minnesota Technology,Inc. Neutral <br /> • Minnesota Project Innovations <br /> • DTED Programs <br /> • Others-TBD <br /> • <br /> Duckor&Associates, Inc. 10 <br /> A BluePrint For Your Success <br /> Today and Tomorrow April 24,2000 <br />