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Economic Development Authority Special Meeting Minutes Page 3 <br /> May 25,2018 <br /> ----------------------------- <br /> ■ Transportation Corridor—Rush Hours <br /> Opportunities <br /> ■ Market the stigma that we are in the "boonies", but not far from the <br /> metro <br /> ■ 169 Expansion to the north <br /> ■ Marketing the quality of life, tranquility <br /> ■ Good Programs Available <br /> ■ Amount of available gravel mining property to the north <br /> ■ Pull workforce from St. Cloud/Metro—45 Mile Radius <br /> ■ Market the 530 Acres of Land Available— Gravel Mining <br /> Threats <br /> ■ We seem to be closed in,good old boar' tan <br /> ■ Development of St. Michael/Albertville on I94—Competing <br /> Neighboring Community <br /> ■ Potentially High Tax Rate compared to others — (would like the <br /> comparison sheet) <br /> ■ Identified Process—Break down the communication silos <br /> ■ Stigma—of not business friendly <br /> GOALS- <br /> Short Term <br /> ■ Fixing Customer Service Process <br /> ■ Establish Measurables <br /> Year 1 <br /> larify current city process for initial meetings w/developers <br /> Identify 3 Ways in which our process can be better <br /> ■ stablish Measurable <br /> ■ Improve Communication <br /> Know&Able to articulate how to get things done <br /> ■ mprove our customer service <br /> ■ Data Center <br /> Year 3 <br /> ■ Purchase Saxon <br /> +1 10% <br /> ■ Marketing Plan (learn from developers) <br /> ■ Net Gain 6 new businesses <br /> ■ Develop Strategic Plan (increase development opportunities) <br /> ■ $5M Investment <br /> ■ Increase Inventory <br /> Year 5 <br /> ■ +30% <br /> ■ Additional Property Available (gravel pit) <br /> ■ Improve Reputation <br /> maAVR <br />