Laserfiche WebLink
iii. Provide input into EDAC development of its 1 -year action <br />plan <br />iv. Adopt EDAC's economic development plans <br />b. Lead Parties: Community Development Staff <br />Key Contributors: <br />Key guidance provided by City Council, <br />with possible assistance of Economic <br />Development Advisory Committee, <br />Economic Development Consultants, <br />Developers <br />c. Funding Source: General fund — CD Budget, Contingency <br />6. Goal: Establish an appropriate revenue generation and allocation <br />policy for the city <br />a. Specific Performance Objectives to be completed during 2008 <br />• (1) Objective: Start preparation and data generation pertaining to <br />establishing a storm water utility (SWU) (Fourth Quarter 2008) <br />• <br />a. Key Action Steps: <br />i. Review /revise original SWU study <br />ii. Present draft SWU proposal to City Council <br />b. Lead party: Finance Department Staff <br />Key Contributors: SEH <br />Springsted, Inc. <br />Public Services <br />c. Funding Sources: Surface Water Management Fund <br />STATUS: Discussion of this objective will be held in conjunction with pending <br />Strategic Planning process scheduled to begin February, 2009, <br />(2) Objective: Review financing policies pertaining to infrastructure <br />improvements, especially when deferrals of assessments occur (Third <br />and Fourth Quarter 2008) <br />a. Key Action Steps: <br />i. Review current policy with City Council <br />11 <br />