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requirements in the standards before they become a part of the city's zoning <br />ordinances. EDAC also recommended revisions to the city's Tax Increment <br />Financing policy to reduce the city's reliance on TIF to attract new industrial <br />business, while still providing the city the opportunity to assist quality businesses <br />in relocating to Lino Lakes. <br />OPTIONS: <br />1. Endorse the five -year economic development plan as presented by the <br />Economic Development Authority Advisory Committee <br />2. Return to EDAC for further consideration <br />RECOMMENDATION: <br />Option 1 <br />