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Economic Development Authority Special Meeting Minutes Page 3 <br /> May 25,2018 <br /> • ■ Transportation <br /> 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 boy town <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 /> • Clarify current city process for initial meetings w/developers <br /> • Identify 3 Ways in which our process can be better <br /> • Establish Measurable <br /> • Improve Communication <br /> • Know&Able to articulate how to get things done <br /> • Improve our customer service <br /> • Data Center <br /> Year 3 <br /> • Purchase Saxon <br /> • +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 /> Year5 <br /> • • +30% <br /> • Additional Property Available (gravel pit) <br /> • Improve Reputation <br /> IT owEBEI eY <br /> NATURE <br />