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February 14, 2017 Kimberly Wenger, Director Department of Planning and Development City of North Olmsted 5200 Dover Center Road North Olmsted, Ohio 44070 Dear Ms. Wenger: 6151 Wilson Mills Road Suite 220 Cleveland, Ohio 44143 440.220.6990 www.MB3Consulting.com I prepared a scope of services for 2017-2019 that I believe addresses the key economic development issues of North Olmsted and will effectively advance the business retention and expansion objectives of the city. Our goal will be to use economic development practices that promote stable, sustainable, and diverse growth in employment, earnings, and taxes in the city of North Olmsted ("city"). MB3 Consulting ("M133") will perform the services outlined below to achieve this goal. Scope of Services ➢ Business Retention and Expansion The city wants to ensure existing businesses thrive and remain or expand in North Olmsted. M133 will use a variety of methods to reach out to local businesses to understand their needs and thereby, develop and implement actions to support the retention and expansion of existing businesses. This will include, but not necessarily be limited to, meeting with existing businesses to identify expansion opportunities, linked target industries and companies, business threats, risks of closure, etc. We will identify and pursue redevelopment opportunities for strategic land parcels, towards catalytic growth of North Olmsted as a preferred commercial district in the region. Our business retention and expansion strategies will identify and prioritize target project types that mesh with the city's goals, resources, strengths and weaknesses. Performance measures: o Provide technical assistance to existing businesses to assist them to retain jobs and/or expand. o Analysis of existing businesses by utilizing income tax records and/or third party business data sources to evaluate growth, decline, establishment, or closure of existing businesses within the city of North Olmsted. o Provide resources to entrepreneurs and early stage businesses as requested. ➢ Business Attraction and Marketing M133 shall take steps necessary to put the city of North Olmsted in a reasonable positon to compete for prospective business development projects at regional, state and national levels. As M133 identifies businesses considering new locations, we will coordinate programs, procedures, policies and marketing materials that make the city an attractive and competitive option. In addition, MB3 will actively