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• Item # 7 <br /> fi <br /> City of <br /> Elk -�-� <br /> River <br /> MEMORANDUM <br /> TO: Economic Development Authority <br /> FROM: Heidi Hall, Economic Development Assistant 014 <br /> DATE: March I I, 2002 <br /> SUBJECT: 2002 Business Retention & Expansion Visit Update <br /> Staff has completed 12 out of a potential 37 business retention and expansion visits. <br /> Five companies chose not to participate in the program. Staff has had difficulty in <br /> scheduling the visits for two reasons: 1) Company contact people have been on <br /> S vacation 2) Company contact people have been unresponsive to staff's attempts to <br /> reach them. Therefore, the following is an updated timeline regarding the project: <br /> 2002 BRE Survey Timeline <br /> February 25-March 22 <br /> Complete visits and conduct surveys at remaining companies <br /> March 25-29 <br /> Compile survey results <br /> April 8 <br /> Present survey findings to EDA <br /> April 9 <br /> Mail 2002 survey results to the 37 companies <br /> Summary of Results (Thus Far) <br /> The most common concerns are as follows: <br /> • Poor education of local secondary and post-secondary students <br /> • Lack of industrial space that allows lenient design standards to accommodate <br /> small companies <br /> • • Need to educate people on the general importance of industry <br />