My WebLink
|
Help
|
About
|
Sign Out
Home
Search
06/01/2009 Council Packet
LinoLakes
>
City Council
>
City Council Meeting Packets
>
1982-2020
>
2009
>
06/01/2009 Council Packet
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
5/22/2014 3:13:32 PM
Creation date
5/22/2014 9:29:03 AM
Metadata
Fields
Template:
City Council
Council Document Type
Council Packet
Meeting Date
06/01/2009
Council Meeting Type
Work Session Regular
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
65
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
• <br />• <br />• <br />CITY OF LINO LAKES <br />FIVE YEAR ECONOMIC DEVELOPMENT PLAN <br />2010 -2015 <br />BACKGROUND <br />In 1992 the City of Lino Lakes adopted an Economic Development Plan and established <br />the Economic Development Authority Advisory Board (EDAAB). Its mission was to 1) <br />actively promote the development of quality commercial, retail and light industrial <br />businesses within the City of Lino Lakes, and 2) maintain and encourage the growth of <br />existing businesses within the City of Lino Lakes. In 1998 EDAAB changed its name to <br />the Economic Development Advisory Committee (EDAC) to reflect its status as a <br />volunteer advisory group rather than an official board required by state statute, but its <br />mission remains the same. <br />EDAC established goals within the original economic development plan, and updates its <br />goals within its one -year action plan. To date, the action plans have resulted in the <br />location of more than 70 new businesses in the city with an additional market value of <br />more than $115 million. The economic development goal in the 2002 Comprehensive <br />Plan was to expand the valuation of commercial /industrial to 10 percent of the tax base <br />by 2010. This goal was reached in 2008. (See Attachment A). <br />This updated strategic economic development plan revisits and revises its original goals <br />to reflect the efforts accomplished over the past five years amid a changing market and <br />changing community. <br />INVENTORY <br />Lino Lakes is a city covering an area of approximately 33 square miles located in the <br />northeast part of the Twin Cities metropolitan area. A high amenity community, the <br />current population of Lino Lakes is approximately 20,000. <br />In the central part of the city, the Rice Creek Chain -of -Lakes Regional Park preserves <br />3,500 acres of lakes, shore land, and rolling topography in a unique natural environment. <br />In addition, there are 13 lakes and extensive areas of wetlands. The lakes, wooded area, <br />and parks will preserve natural habitat as population growth continues. <br />1 <br />
The URL can be used to link to this page
Your browser does not support the video tag.