05/06/2021 EDAC Packet - Laserfiche WebLink

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Lino Lakes Comprehensive Plan Update Chapter 12: Implementation 12-5 Economic Development To implement the goals and polices of the Economic Development Plan, the city will consider the following actions: 1� Collaborate with business support organizations to serve the needs of current and future businesses� 2� Develop strategies and programs to attract high tech and high value industrial and business and professional services enterprises that have an emphasis on job creation� 3� Continue to support local business retention and expansion initiatives by implementing a Business Retention and Expansion Program� 4� Promote the rehabilitation and redevelopment of existing commercial facilities by continuing to pursue and make available various financial programs and assistance� 5� The Economic Development Advisory Committee (EDAC) will continue to prepare five-year economic development plans and one year action plans. 6� Consider the use of available financial incentives (i.e. TIF/tax abatements/grants, etc�) to attract businesses to relocate or start up in Lino Lakes� 7� Work to actively market Lino Lakes as a great place to live and work� 8� Promote development of identified “Opportunity Areas”: Legacy at Woods Edge, CR 49/J and I-35E Corridor� Transportation To implement the goals and polices of the Transportation Plan, the city will consider the following actions: 1� The city should periodically review and update the Transportation Plan and its traffic forecasting model, based on estimates of future development, population trends, changing financial resources, and citizen and local government input. Depending on the speed and degree of change, it is recommended that the plan be reviewed at least every five to ten years. 2� The City of Lino Lakes will continue to coordinate with adjacent jurisdictions (i�e�, Blaine, Hugo, North Oaks, Shoreview, and Circle Pines) as well as Anoka County, Ramsey County, Washington County, and MnDOT when planning future improvements� Coordination among jurisdictions will provide opportunities for collaboration that could benefit all agencies and the public. This may result in financial and time savings through economies of scale, as well as potentially reducing construction impacts to residents through the coordination of projects� 3� Recommended changes to the functional classification system will be adopted by the city as part of the adoption of the overall Comprehensive Plan Update� Changes that involve “Other” Minor arterials, Major Collectors or Minor Collectors may be made without the approval of another agency, provided these changes are consistent with state and county plans� However, the changes and the resulting functional classification should be officially reported to the Metropolitan Council under separate communication to ensure that the Metropolitan Council has the opportunity to update their records� Any proposed change to a Principal Arterial or ‘A’ Minor Arterial designation will need to be approved by the Transportation Advisory Board (TAB) of the Metropolitan Council� Since these changes are likely to involve either state or county roadways, the city should work closely with these agencies to ensure that the process of approval is carried forward� 4� The City of Lino Lakes will work to support the access management guidelines of other jurisdictions� The city is aware that both Anoka County and the Minnesota Department of Transportation (MnDOT) have access guidelines managing their Timing Timing Ongoing Ongoing Ongoing Ongoing Ongoing Ongoing Ongoing Ongoing Short Ongoing Ongoing Ongoing