1. Introductions - Mayor/City Administrator

2. Introduction to RCEDC – Katee Eliasson

3. Logistics

Meeting schedule, time, location & frequency

4. Define Roles & Responsibilities

1. Provide Initial and On-Going Input on RCEDC Economic Development Contract

2. Application Review for Industrial Park Sales

3. Assistance to Polacheck in Marketing the City’s Industrial Park

4. Implement a Local Ambassador Program

5. On-Going Input and Technical Assistance Regarding Economic Development Issues

5. Economic Development Concepts

1. Confidentiality

2. Process for prospect contacts

• RCEDC/Polacheck

• Mayor/City Administrator

• ED Committee/Ambassadors

3. Timing

• Fast/slow

• Professional approach

• Happen/not happen

4. Equity

• All potential prospects are treated equitably regardless of size, needs, etc.

Confidentiality is crucial to the economic development process especially when dealing with potential prospects who request that their identity be kept anonymous. (See attached confidentiality policy)

The process for potential contacts begins with RCEDC and/or Polacheck introducing the prospect to the community and providing information. It is often the case that a prospect will request that their identity be kept confidential until they gathered the information they require to pursue a new location. After RCEDC has provided the prospect with the required information and the prospect has indicated a desire to move forward, RCEDC will coordinate a meeting with the City of Burlington, specifically the Mayor and City Administrator. Finally, if the prospect continues to indicate a strong desire in the community, a meeting will be scheduled with the Ambassadors of the Economic Development Committee and the prospect. The purpose of this meeting will be

It is important to note that it is difficult to put a time line on how long it may take for a potential prospect to turn into a viable deal. The process can be as short as a few months or may take years.

All potential prospects are treated equitably regardless of size, needs, referral source, etc. It is important that all potential prospects are treated as though Burlington is a viable location for their business and/or venture.