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41, . 41'�+ Item #: 5C � T �+ Meeting Date: Feb. 17, 2012 MOUNDS VIE Type of Business: EDC Administrator Review: City of Mounds View Staff Report To: Economic Development Commission From: Heidi Steinmetz, Economic Development Specialist Item Title/Subject: Set 2012 Economic Development Priorities Background Early each year, the EDC discusses its priorities for the upcoming year. Below are the EDC's 2011 priorities (in order of importance) adopted by the EDC on January 21, 2011: 1) Development/redevelopment along the County Rd 10 corridor • Potential name change for County Rd 10 • Premium Stop Redevelopment Area • Silver View Plaza • Complete remaining trailway connections to businesses • PAK building • Select Senior Living • Improve the aesthetics of properties in the County Rd 10 corridor • Vacant BP gas station site • Reconstruction of County Rd 10 2) Monitor and assist with Citywide housing issues and projects 3) Implement an informal business retention program 4) Continue budgeting to implement the Mounds View Branding Project 5) Monitor development plans for the TCAAP site in Arden Hills 6) Monitor Mounds View properties in transition 7) Skyline Motel redevelopment 8) Support the implementation of the Citywide Street& Utility Improvement Program Discussion The EDC reviewed the status of their 2011 priorities during the November 18, 2011 EDC meeting. The discussion prompted two ideas for 2012, which were to better promote the services offered by the Housing Resource Center and to increase focus on improving the City's most blighted homes. Recommendation Staff recommends that the EDC set its 2012 priorities. After adoption, staff will forward the priorities to the EDA for review. Respectfully submitted, • Heidi Steinmetz, Economic Development Specialist