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Other initiatives identified as Proactive (not specific to resident oriented/neighborhood commercial), <br />75 <br />may be accommodated with the assistance of area chambers of commerce. Staff is currently in the <br />76 <br />process of laying a foundation for a visitation program. The Community Development Department <br />77 <br />Economic Development Intern has been developing a business inventory and researching successful <br />78 <br />visitation programs. Staff believes that a framework for an aggressive visitation program could be <br />79 <br />completed by the end of 2016 which would allow for greater engagement with our business <br />80 <br />community. The cost of developing this program would be the cost of our graduate student intern to <br />81 <br />$5,500 - $6,500. <br />continue through the Fall semester, and would range between <br />82 <br />83 <br />Staff suggests that the EDA define a Visitation Team in 2016 to clarify who will be going out to <br />84 <br />greet new and existing businesses. The St. Paul Area Chamber of Commerce (SPACC) agreed to <br />85 <br />$500/month <br />coordinate and record input from visits with area businesses at a cost of . This could be <br />86 <br />considered for 2017 after the objectives of a visitation program are defined. <br />87 <br />88 <br />Additional proactive economic development may also include market research and input from the <br />89 <br />developers, brokers and property owners. This information could inform the comprehensive plan and <br />90 <br />the economic development marketing strategy in 2017 as well as incentive and business friendly <br />91 <br />policies and processes in 2016 and 2017. Staff estimates working with a consultant on market <br />92 <br /> $15,000. <br />research in 2016 may cost approximately, <br />93 <br />94 <br />Total (Maximum) Cost of 2016 Initiatives: <br />95 <br />Policy Development – (2 Policies at $2,000/each): $10,000 <br />96 <br />Acquisition – Acquisition Framework: $10,000 <br />97 <br />Proactive - SE Visioning: $40,000 <br />98 <br />Visitation Program: $6,500 <br />99 <br />Market Research: $15,000 <br />100 <br />$81,500+ <br />Total: <br />101 <br />102 <br />Economic Development Priorities for 2017 & Staff Capacity <br />103 <br />RED <br />Initiatives highlighted in may need additional staffing or a longer-term contract with a <br />104 <br />consultant. <br />105 <br />106 <br />Resident Oriented/Neighborhood Commercial <br />107 <br />– Proactive - <br />Assist with market analysis & planning (19) 2016 Medium Priority <br />108 <br />- Policy <br />Tailor incentive policies, programs & need for organization support (20) <br />109 <br />- Proactive <br />Targeted organizational support and/or relationships (20) <br />110 <br />- Proactive <br />Promote vision/opportunity (20) <br />111 <br />Additional Research to Support Development Strategy and Comprehensive Plan <br />112 <br />Proactive <br />Econ & Market insights inform development strategies & comp plan (19) - <br />113 <br />Proactive/Policy - <br />Market trends/implications for Roseville (19) – 2016 Medium Priority <br />114 <br />Proactive/Policy - <br />Fiscal implications of development (17) – 2016 Medium Priority <br />115 <br />Brownfield Redevelopment (priority-Twin Lakes) <br />116 <br />Policy - <br />Clean up grants & technical assistance (17) – 2016 Medium Priority <br />117 <br />Work with/assist property owners with environmental assessment, funding, market insights <br />118 <br />Proactive - <br />(15) – 2016 Medium Priority <br />119 <br />Page 3 of 6 <br /> <br />