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• Introduction <br /> The intent and content of Mounds View's Economic Development element is directed towards future <br /> business development(both retention and recruitment)and redevelopment within the community. It <br /> is important to maintain and improve the quality and diversity of existing and prospective Mounds <br /> View businesses and to embrace redevelopment opportunities in order to enhance the City's tax base <br /> through such things as creating additional market value through building enhancements or new <br /> buildings and the creation of jobs. <br /> Goals & Policies <br /> Future Economic Development in Mounds View will be governed and directed by the following set <br /> of goals and policies. <br /> Business Development Goal: Retention <br /> In light of the increasing mobility of businesses in general,the City will focus on retaining existing <br /> businesses and industries in the community,in some cases by helping to create circumstances under <br /> which they can expand to meet their customers' needs and/or their own desire to grow and prosper <br /> financially. <br /> • Retention Policies <br /> • Retain existing businesses that make positive contributions, such as job creation,to the <br /> local economy by... <br /> • Make available a reasonable and prudent level of assistance (financial or otherwise) to <br /> enable existing businesses to expand their operations and/or facilities in Mounds View. <br /> Business Development Goal: Recruitment <br /> The City will actively market itself to selected target audiences as a prime location for specific types <br /> of commercial and industrial development. In order to continuously refine and review its objectives <br /> as economic conditions and realities change, the City, through the Economic Development <br /> Commission(EDC)and/or the Economic Development Authority(EDA)will annually update its list <br /> of targeted businesses and industries. Although the City will respond in a timely and businesslike <br /> manner to all requests for information about the City's suitability as a business location, City staff <br /> members will focus their attention on those requests that come from businesses of the type that <br /> appear on the City's target list. <br /> The City will encourage the development of new office space,warehouse space and retail operations <br /> that will enable Mounds View to offer services, facilities and goods that are not presently available <br /> • in the community or that are unavailable in sufficient quantity or quality. <br /> 2 <br />