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2015-06-30_HRA_Agenda_Packet_Strategic_Planning
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2015-06-30_HRA_Agenda_Packet_Strategic_Planning
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Housing Redevelopment Authority
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Agenda/Packet
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6/30/2015
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Attachment B <br />as a place to do business. For resources the businesses require, <br />perspective, the University of Minnesota whether those resources are quality <br />BR&E program has a benchmark weighted employees, infrastructure improvements, <br />average score for this question of 3.82 technology, or desired goods and services. <br />from over 36 previous BR&Es in Businesses need these resources to be <br />communities. successful and profitable. Roseville has <br />these resources at its disposal yet it <br />As a place to live, Roseville earned a 4.12 <br />cannot afford to take them for granted or <br />average rating from the businesses. In 27 <br />ignore warning signs. It can consider <br />previous BR&E communities, the <br />ways to further capitalize on these <br />weighted average score on this question <br />resources, promote the stronger <br />was 4.09 so Roseville is right on the <br />resources and improve the weaker ones. <br />average. <br />It can also celebrate the strong business <br />Strategic Themes <br />climate and continue to build on the <br /> <br />Three primary themes emerged from an <br />analysis of the survey results and from <br />Related Research Results <br />discussions by the state research review <br />Forty-six percent of the interviewed <br />panel. These themes, called strategies, <br />companies have a succession plan and 59 <br />provide a framework for studying the <br />percent have a written business plan. <br />issues raised in the Roseville BR&E <br />process. The three strategies identified Local Business Support Ratings from the <br />are: 1) Enhance, Promote & Develop the businesses seem fairly high on <br />Roseville Business Environment, 2) community attitude, community <br />Create Identity, Community & promotion and chamber of commerce but <br />Networking for Roseville Businesses, 3) the other two factors do poorly. Of <br />course, this should be no surprise since <br />Connect Business to Qualified Workers there is no Economic Development <br />Authority in Roseville nor are business <br />The Task Force, during their February <br />incentives offered. See Table 1. <br />retreat, expressed interested in many <br />potential projects to address the <br />Table 1: Local Business Support <br />business concerns. In particular, they <br />Ratings for Roseville <br />recommended three projects to the HRA <br />and City Council. The HRA and City <br />Average 1 to 5 Scale <br />Score 1 = Least Favorable <br />Council agreed with these three <br />3 = Neutral <br />recommendations, which are described <br />5 = Most Favorable <br />below. This includes the survey data <br />3.5 Community Attitude towards Business <br />which highlight the need for the project. <br />3.3 Community Promotion of Itself & <br />Business <br /> <br />3.3 Chamber of Commerce <br />2.8 Economic Development Authority <br />STRATEGY: ENHANCE, PROMOTE & <br />2.4 Incentives for Business Investment in <br />DEVELOP THE ROSEVILLE BUSINESS <br />Facilities, Worker Skills, or More <br />Workers <br />ENVIRONMENT <br /> <br /> <br />About a third of the interviewed <br />Businesses thrive in attractive, accessible <br />businesses are exporting. At least 56 <br />communities. These communities draw <br />percent are not. See Chart 4. <br /> <br />ROSEVILLE BR&E SUMMARY 7 <br /> <br /> <br /> <br /> <br />
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