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Attachment A 701 Xenia Avenue South | Suite 300 |Minneapolis, MN 55416 | (763) 541-4800 Memorandum To:Roseville Economic Development Authority From:Jim Gromberg, Economic Development Coordinator Date:July10, 2017 Re:Economic Development Comp Plan Component WSB Project No. 01797-010 Thank you for the opportunity to assist the City of Rosevilleasyoucontinue to updateof the comprehensive plan includingan economic development component.The Economic Development Authority (EDA) has completed a priority setting process in early 2016. At that time, the EDA identified certain priorities for the community concerning economic development activities. The EDA then divided the priorities into 3 categories of high, medium and low. They were further rankedbased on the overall priority in the categories. The full results of that process are attached to show the items that were identified and what would be the focus of economic development activities over the course of the next couple of years. In reviewing the list thereappears to be severalitems that are high priorities and scheduled for completion in 2016 with the remaining items projected for 2017 or being on-going projects for the future. We will be using the list as a starting point to allow for the EDA to make the best use of their limited time to review the economic development issues. Members of the EDA are encouraged to review the list and make any notes for issues that they would like to discuss prior to the meeting. Our process will be to look at the priorities and determine if they are still a priority and are they ranked accordingly concerning high, medium and low. We will look if they have been accomplished and should be removed and/orreplaced with new priorities resulting for the completion of the project. As the community is successful in the taking advantage of economic opportunities and the elimination of potential risks, the prioritiesshould be reviewed updated to allow for Rosevilleto move forward with reaching its potential for economic growth and stability. Thefollowing agenda will allow for the meeting to stay on task and complete the reviewwithin the EDA’s time constraints: Introductions................................................................................................................ 7:00 pm Priorities Discussion.................................................................................................... 7:05pm Ranking Discussion..................................................................................................... 7:25pm Implementation StrategiesDiscussion........................................................................7:40pm Conclusion...................................................................................................................8:00 pm After we have completed the priorities analysis we would bring a draft economic development strategic plan(which will also serve as the Economic Development Element of the Comprehensive Plan)to the EDA whichwill generally include 5-7over reaching economicdevelopment goals. These goals would then be used to begin the process of developing theimplementation plan. The implementation plan could also include the assignment of taskstothe corresponding responsible parties and a general timeline for completionof those goals.The final document will become the basis for the future direction of economic growth but should be view as a point of time and requires the City to review the goals on a regular basis Building a legacy – legacy. your Equal Opportunity Employer | wsbeng.com R:\\CommDev\\Housing_and_Economic_Development\\EDA\\2017 Meetings\\7.18.2017\\6c. ED.Comp.Plan\\ED.Memo.docx