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• Given the scarcity of attractive office space and rental warehouse/office space, encourage <br /> new construction to meet these needs. <br /> • Due to the potentially high cost of some of the available methods of aggressively recruiting <br /> the most attractive new business prospects and/or marketing Mounds View as a business <br /> location, investigate and use the more cost-effective and/or more carefully targeted <br /> recruitment/marketing techniques. <br /> • Inasmuch as limited funds are available for the funding of business incubator programs, <br /> enterprise facilitation projects or other initiatives designed to help new businesses get <br /> started locally, <br /> o Pursue grants to fund such programs, <br /> o Establish collaborations with other governmental entities and non-profit <br /> organizations, and <br /> o Serve as a clearinghouse for information about assistance(financial and otherwise) <br /> that may be available from sources other than the City. <br /> • In light of the limited selection of tools that are available to the City to finance or promote <br /> • economic development, monitor developments affecting economic development and(where <br /> appropriate) make recommendations regarding alternative, new or improved methods of <br /> providing advice, assistance or encouragement. <br /> • Due to the high cost of redeveloping property vs. developing property,participate in seeking <br /> creative solutions to the financing challenges inherent in potential redevelopment projects. <br /> • 7 <br />