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07-11-05 Regular Meeting of La Porte Development Corporation Minutes
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07-11-05 Regular Meeting of La Porte Development Corporation Minutes
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City Meetings
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La Porte Development Board Corporation/Type B
Meeting Doc Type
Minutes
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7/11/2005
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<br />rM <br /> <br />CommunitylD~ <br /> <br />EXECUTIVE OVERVIEW <br /> <br />-- - ----- - ___~c:_~==-=--__~_=_~_==_~~=_____=__=__=_~=__- <br /> <br />Buxton appreciates the opportunity to propose its services to the City of LaPorte. <br />The objective of this proposal is to summarize and outline the comprehensive <br />scope of work Buxton will provide as the City of LaPorte pursues its retail <br />attraction and expansion goals. Please note that in this proposal the term "retail" <br />is inclusive of restaurants. <br /> <br />Utilizing data, methods and proprietary technologies developed specifically for <br />matching retailers with communities; Buxton will assess the potential for the City <br />of LaPorte to recruit and expand its retail sector, and will identify and provide <br />marketing packages for specific retail targets. <br /> <br />Buxton's initial analysis of up to three (3) distinct retail locations, selected by the <br />City of LaPorte, will yield a recommendation of the site best positioned for retail <br />recruitment. With that recommendation, the City of LaPorte will make a final <br />determination of the retail site to be selected for retail matching. <br /> <br />Once the site for retail matching is determined, Buxton will compare the site's <br />trade area with the established locations of individual retailers. This analysis <br />results in a preliminary list of matched retailers. Only retailers with locations in <br />trade areas similar to the City of LaPorte's trade area will be identified as <br />potential matches. The preliminary list is then refined by Buxton on the basis of <br />other retail location criteria to yield a list of up to twenty (20) specific, matched <br />retailers for the City of LaPorte. Buxton will provide the list of matched retailers <br />to the City of LaPorte for review and discussion. <br /> <br />A marketing package will be prepared for each targeted retailer. The marketing <br />packages are intended for presentation to retailers, as well as developers, <br />potential franchisees, or other persons in a position to support the City of <br />LaPorte's retail goals. Each marketing package is unique to the specific targeted <br />retailer, providing compelling and precise information that demonstrates the City <br />of LaPorte's qualifications as a location. <br /> <br />Additionally, Buxton will contact each targeted retailer on behalf of the City of <br />LaPorte. Buxton will notify the retailer that the City of LaPorte has been identified <br />as a potentially viable location. <br /> <br />Following is an outline of the scope of work for this project. Buxton is pleased to <br />propose its support and looks forward to identifying retail opportunities for the <br />City of LaPorte. <br /> <br />Buxton. <br /> <br />IDemifyinc Cuswmel"1 <br /> <br />2 <br />
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