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1�10UNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY <br />REQUEST FOR EDA CONSIDERATION <br />ST�FF REPORT <br />EDA Iv1EETING DATE N�„Pm�,Pr 13T�4�� <br />EDA Actiou: <br />[J Special Order o[ I3usiness Agenda Section: 7.A <br />❑ Pub(ic Hearings Report Number: EDA-95-44C <br />� CORSCR[ Agencia Report Date: 11-9-95 <br />�i LDA 13usincss <br />[tcm Description: <br />to Make Application for Star City Status <br />Executive Directors Review/I2ecommendation: <br />- N�� cortiments to supplement tliis report <br />- Cuii�iu�uts a�ta�l�c:c1 <br />Lsplanll[10[1/SIl[llI118CV (.�ttach su�>planenl sheets as ncce:.sarV) <br />S Ui�Ib1ARY: <br />The Economic Development Commission is in the process of updating the Mounds View Economic <br />Development Plan per the worlc plan for 1995. As part of this process it has been recommended <br />that the Ciry of Mounds View go through the process to become a Star Ciry. The Star City . <br />Program is a four phase process. Mounds View has completed the majority of the phases' through <br />the strategic planning of Focus 2000, the retention program and establishment of a marketing <br />program. We would need to complete the revision of the economic development plan and <br />produce a promotional video to complete the Application Process. The final requirement is to <br />make a presentation to DTED representatives selling Mounds View to a mock up company. <br />Becoming a Star City would provide the following benefits. <br />� Star City Designation on State Signs. <br />♦ Internal and ongoing recognition that economic development is a priority. <br />♦ DTED representatives, when working with prospects, give out lists of Cities of which Star <br />Cities are referenced. DTED promotes the benefits of being a Star Cit� and has dedication <br />to Star Cities through annual reviews and assistance in economic development. <br />♦ Cities that have a sound marketing plan are much more prepared to deliver a professional <br />presentation selling not only the Ciry but the State to new companies. <br />The EDC made a motion to recommend to the EDA that the City apply to the State for Star City <br />Status at their October 26, 1995 meeting. I have attached a resolution for your consideration <br />which would be forwarded to DTED to begin the process. <br />Cathy Be tt, Economic Development Coordinator <br />REC01l�tiIE�1D,�TI O N: <br />Waive the reading of Resolution No. 95-EDA-35 and approve/disapprove Mounds View's <br />participation in the Star City Process. <br />