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Adding headings for the Industrial Park/Business Park and Grow Zone may make it <br /> easier to follow. Mr. Marohn agreed that the history in the first paragraph could use <br /> some clarity and he will rewrite. <br /> What is our goal as a community economically? This section has been written to provide <br /> goods to our citizens,being inward focused. Being outward focused is an opportunity for <br /> our community to make a living at a reasonable wage. There needs to be expansion of <br /> the Industrial Park. There is no spot left in Pequot Lakes to build a new manufacturing <br /> facility. We need to support entrepreneurship. <br /> The commercial zones need to be identified and the old (existing) 371 corridor should be <br /> set up as a zone. <br /> Expansion of the Business Park would be a money maker for the City. Bonding long <br /> term could be good for the community. Chairman Woog stated the City received a <br /> federal grant and Rural Development money to create the current Park. Mr. Marohn <br /> explained there are several questions that need to be answered: What are the long term <br /> costs for maintaining infrastructure and how does it relate to tax base? Is there a way to <br /> get more from that investment? What has to be in place for expansion? What comes <br /> first? The path to getting these questions answered could be included in the Action items. <br /> Larger parcels for future development are needed. <br /> Page 11: <br /> Business Inventory: <br /> It was suggested that wage levels be included on the business inventory. <br /> Current Trends: <br /> Service oriented businesses may be the most stable and not affected by trends and <br /> recessions such as retail businesses. The aging population requires services. Mr. Marohn <br /> stated he had written a section on import vs. export strategies. He will put that section <br /> back in for future discussion. We could consider having both export and import <br /> strategies to build a stable situation. <br /> National data is referred to in Line 20. Closer data may be more relevant. After much <br /> discussion, it seems people live outside Pequot Lakes that work here. <br /> Aging infrastructure will be looked at in the Infrastructure Section. <br /> Aging population—new data will be available after the census. <br /> More connected world—Pequot Lakes does have an advantage for internet service which <br /> allows competition. Line 40 could be more specific with technology. <br /> Minutes 2 <br /> Pequot Lakes Planning Commission <br /> January 21, 2010 <br />