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January 13, 1998 Dennis Welsch, Community Development Director City of Roseville 2660 Civic Center Drive Roseville, MN 5 113 Economic ,® Scope of Consulting Ser-vices 1998 Dear Dennis: I look forward to a continued relationship with the Roseville regarding business reten'ion and economic development. Business Detention: Economic Development Services will continue to assist the City of Roseville in developing and strengthening relationships with carefully targeted companies and industry groups currently located in the community. Retaining quality companies and capturing their expansions is the long term goal of all activities. The approach is systematic, long term and designed to establish familiarity and trust so that when al( company begins an expansion process, they will consider Roseville first and draw on city resources to assist then. A variety of activities, such as industry visits, fax newsletter, and � g ou meetings will continue to be used to reach various audiences and reinforce key messages over time. Based on our discussions, specific business retention activities will include: update current business data base quarterly using Dunn and Bradstreet resources. regular updates and occasional new business: Billing 8- 10 hours annually. If major data base changes are requested: hourly rate + cost of licensing @ $35-.50 per company monthl y business retention meetings; planning and transition with new staff Billing: 22 -30 hours annually provide support on monthly fax newsletter BusinessLink- planning, proofing, and occasional writing-Billing: 10- 16 hours annually business retention group meetings e.g. business lunch re: workforce solutions Depends on number of events, role and time commitment required- billed at hourly rate special support on business expansion projects at the request of staff (e.g. financing plan for expanding manufacturer) Billed at hourly rate