2019-2024 Economic Development Strategic Plan

Grow Spencer Commission Meeting #1 The Consultant’s first meeting with the Grow Spencer Commission took place on August 14 th and lasted approximately 90 minutes. Minutes are available from the City; however, the meeting focused on:

1. An Overview of the Project & Scope of Work 2. The Vision and Mission of Spencer 3. The Role of the Community Assessment in the Process

Using the feedback from Meeting #1, Consultant prepared:

1. Draft Vision and Mission Statements 2. A Draft Community Assessment

These drafts were discussed in Conference Call #1 on August 30 th (details provided as part of Community Assessment section). Grow Spencer Commission Meeting #2 The Consultant’s second meeting with the Grow Spencer Commission took place on September 20 th and lasted about an hour. Minutes are available from the City; however, the meeting focused on:

1. Reviewing the response rate to the community assessment 2. Discussing additional outreach to increase participation 3. An overview of the next steps in the process

It was determined that the Commission work sessions to review assessment data and initiate plan creation would be held in two sessions on back to back days on October 7 th and 8 th . PRELIMINARY ASSET STRENGTH INVENTORY Based on the Consultants expertise, a community tour and extensive review of documentation, the Consultant identified Spencer’s Preliminary Asset Strength Inventory as including (in no order of preference or significance):

1. Green Industrial Park

a. Available sites ranging from less than 1 acre up to over 71 acres b. A 40,000 square foot shell building on 9.2 acres with 39-foot ceiling height

2. Technical Park South

a. Available sites ranging from 1.8 acres to over 22 acres.

3. Utilities

a. Spencer Municipal Utilities

i. Water – approx. 1 mgpd in water capacity

b. City of Spencer

i. Sewer – approx.. 1 mgpd in sewer capacity

c. Electric

i. Services by Spencer Municipal Utilities (Primary), Iowa Lakes Electric Cooperative and Alliant Energy iv

4. Available of Rail Service from: a. I & M b. Canadian Pacific 5. Spencer Municipal Airport

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