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BOARD RETREAT RESULTS

September 10, 2009

Accomplishments in 2009 

Organizational Development

ü      Monthly Agenda, Meeting Minutes, etc.

ü      Establishment of Marketing Committee

ü      Establishment of Ag Committee

ü      Establishment of RFI Response Team

ü      Establishment of Business Development Team

Capital Development

ü      Acquired 13 acre parcel for South Industrial Park

ü      Requested funding for Infrastructure improvements to South Industrial Park

Marketing

ü      Clarified Roles and Responsibilities for Community Website

ü      Listed Development Corp. Properties and monthly meeting minutes

ü      Pursuing other marketing ideas and strategies

Business Development

ü      Expansion of V&S Trucking into South Industrial Park

ü      Increased Sales Tax Revenue Totals over 2008

Community Strengths

·        Strong Retail Sector

·        Updated Infrastructure (included increased capacity for growth)

·        Progressive Attitude

·        Strong School System (enrollment increase by 5-6 students)

·        Diversified Educational System (offers both public & private schooling options)

·        Critical Mass of Livestock Producers in area (increased diversity in feedlots)

·        Small Community Airport (runway and facilities)

Community Weaknesses

·        Human Capital

·        Financial Capital

·        Lack of Rail road

·        Lifestyle Amenities demanded by younger generation (bike paths, coffee shops, etc.)

·        Citizens who focus on the negatives rather than the positives

·        Communicating the efforts to make Corsica Better

Unknowns

·        Telecommunications Capabilities and Limitations

Opportunities

·        Horse Sale (Enhancing our efforts to capture new clientele who come to town)

·        Vanderpol Collection

·        Young Farmers (Embracing their desire to return to farming)

·        Housing (Land and Infrastructure in Place)

·        Retirees (Attracted to affordable, safe living in Corsica)

·        Affordable Housing options for workers

·        Lake Development

Threats

·        Continued Population Decline in the Region

·        Compliancy / Poor Attitude

·        Financial Stress of Main Street Businesses

·        Financial Stress of Ag Producers

·        Young People’s Perception of Living in Corsica (Sell Values vs. Large $$)

 Development Goals for FY2010:

Ø      Affordable Housing

v     GOAL: Encourage Development of One (1) Property Per Category

v     Led by: Mayor Dick and Roger

ü      Multi-Family Facilities:

1) Ready to Move In

2) $400 - $450 (All Utilities Paid)

3) Includes appliances (Stove, Fridg, etc.)

ü      Condo/Duplex:

1) Focused on Older Residents

2) Minimum Maintenance (Grass Mowed/Snow Shoveled)

3) No Steps

4) 2 bedroom / Garage / Roomy

5) For Sale and Lease

ü      Starter Homes:

1) Focus on First Time Home Buyer

2) $100,000+ Price Range

3) Take advantage of tax credits and other programs

Ø      Value Added Ag Development

v     GOAL: Support a Producer-Lead Ag Committee

v     Led by: Leroy and Dan

ü      Dairy Development

ü      Ag Producers Use of Technology

1) Host an Annual Ag Technology Meeting

2) Invite Seed Co., Manufacturers, Farm Implement Co., etc.

3) Bring in Industry Specialists

ü      Wind Development

Ø      Business Retention/Expansion

v     GOAL: To Be Determined

v     Led by: David Lambert, Grant and Rod

ü      Re-Educate Development Corp. on Current Businesses

ü      Focus on Retail and Manufacturing Sector

ü      Focus on Expansion Opportunities of Local Businesses

Ø      Marketing

v     GOAL: Creation of Marketing Plan

v     Led by: Keith, Sylvia, and Dave

ü      Better Communication with Public about Dvlp. Corp. Activities

ü      Better Understanding of Telecommunciations Capabilities

1)      Invite Telephone Cooperative to Speak to Dvlp. Corp.

ü      Advertise Specific Goals and Community to Greater Audience

ü      Update Website with More Information

1)      Develop Template/Process to list Available Houses & Lots (including pictures, description)

2)      Identify funding mechanism to help maintain an up to date listing of info

3)      Involve the School and others in the process

Ø      New Business Recruitment

v     GOAL: Create a Business Recruitment Strategy for identified Businesses

v     Led by: David Lambert, Dan, Jamie, Leroy, and Mayor Dick

ü      Vet Clinic:

1) Work with Pipestone Vet Clinic Relationship

ü      Manufacturing

ü      Bookkeeping Services:

1) Identify Specific Need

ü      Businesses Related to Equine

ü      Others

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