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ITEM #.5. <br /> 11*' <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: April 12, 2004 <br /> SUBJECT: Strategic Industrial Marketing Activities Update <br /> Attachments <br /> • Ad featuring E & 0 Tool and Plastics,Manufacturers Alliance April/May 2004 <br /> Newsletter <br /> • Progress Partner Dispatch (Economic Development Newsletter) April 2004 <br /> 411 • Wolf Marketing&Media Information <br /> • Manufacturers Affiance Manufacturer of the Year Awards Flyer <br /> • Minnesota Technology Magazine,Winter 2004 <br /> I. Product Offering Strategy <br /> Industrial Land Issue <br /> Staff and Ehlers &Associates have received responses from the landowners of Elk River <br /> Business Park and Elk Path Business Center regarding terms of a master development <br /> agreement. They have indicated interest in participating in a master development agreement <br /> with the EDA for the development of their industrial/business park property. Staff is <br /> working with the attorney to draft the document. <br /> I I. Competitive Strategy <br /> Labor Market Research <br /> There is a separate memo regarding this issue. <br /> III. Key Account/Lead Generation Strategy <br /> As a result of the March 17th Star News article highlighting the Orluck Industries project, <br /> staff has received numerous inquiries from small to medium sized light industrial businesses <br /> seeking relocation or expansion. A comment among the calls was that they had thought Elk <br /> River was not interested nor had anything to offer light industrial companies. <br /> S <br />