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D. GOALS /OBJECTIVES <br />GOAL ONE <br />Minimize the residential tax burden by raising the commercial /retail/ <br />industrial tax bases. <br />1. OBJECTIVE <br />Develop an Economic Development Plan for the City of Lino Lakes through 2005 <br />that corresponds to the draft Comprehensive Plan's commercial /industrial objectives. <br />2. OBJECTIVE <br />Annually update a one -year Action Plan component of the Five -Year Economic <br />Development Plan. <br />3. OBJECTIVE <br />Identify opportunities within the draft Comprehensive Plan for future commercial and <br />industrial growth and initiate planning procedures to manage future growth for the <br />betterment of the community. <br />4 <br />