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<br />Goals: <br />1. Promote continued industrial development in order to expand the local employment base <br />and opportunities within Little Canada. <br /> <br />2. Provide industrial development areas that attract businesses and offer employment <br />opportunities for Little Canada residents. <br /> <br />3. Provide opportunities and mechanisms for reinvestment in established industrial areas <br />and redevelopment of targeted areas. <br /> <br />4. Ensure that opportunities exist for business expansion and growth within the City in order <br />to retain key businesses and preserve the industrial tax base. <br /> <br />Policies: <br /> <br />1. Continue to maintain the City’s industrial tax base to assist in paying for needed services <br />and in reducing tax impact on residential land uses. <br /> <br />2. Existing industrial uses shall be retained and new industrial development shall be <br />encouraged to locate in existing industrial parks and industrially zoned areas. <br /> <br />3. Encourage industrial site designs that integrate the facility with natural features of the <br />land and provide an aesthetically attractive appearance. <br /> <br />4. Outside storage of equipment and materials shall be screened and landscaped to eliminate <br />any visual impact. <br /> <br />5. Existing industrial development and new industrial development shall not cause <br />pollutants or contaminants to be emitted into the surrounding environment in excess of <br />state and federal regulations. <br /> <br />6. An aesthetically pleasing environment free from excessive outdoor storage shall guide <br />the physical development of the northwest quadrant of the City. <br /> <br />Staff and representatives from Ehlers will be in attendance at the City Council meeting to explain <br />the proposed Economic Development TIF District and answer any questions you may have. The <br />City Council is asked to conduct a public hearing and consider adopting a Resolution approving <br />the Program Modification and TIF Plan. The following documents are attached for your review: <br /> Summary of TIF Plan <br /> TIF Plan <br /> City Council Adopting Resolution <br /> Interfund Loan Resolution <br />