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WHEREAS, the success of this collaborative effort will be dependent upon having access to • <br /> adequate resources to comprehensively research and address the critical issues that impact North <br /> Metro I-35W Corridor Coalition Cities and the I-35W Corridor; and <br /> NOW THEREFORE, on the basis of the premises and the mutual covenants hereinafter set forth, <br /> the parties hereto agree as follows: <br /> ARTICLE I. VISION STATEMENT <br /> The general purpose of this agreement is to create an organization by which the North <br /> Metro I-35W Corridor Coalition Cities which are parties to this Agreement and such other <br /> governmental entities as are admitted pursuant to Article IV, may jointly and cooperatively plan for <br /> and maximize the opportunities for regional community development, quality growth and <br /> diversification in the North Metro through a system of collaboration, pursuant to Minnesota <br /> Statutes, 1994, Section 471.59. <br /> ARTICLE II. ORGANIZATIONAL GOALS <br /> The goals of the joint powers organization created by this Agreement are: <br /> Section 1. Work cooperatively with transportation and other agencies in the planning for <br /> transportation improvement, mass transit needs, and other infrastructure improvements along the I- <br /> 35W Corridor to maintain and improve service and help stimulate business growth and labor <br /> availability. <br /> Section 2. Develop a joint marketing program among the members to attract and retain <br /> quality industrial and commercial tax base and employment. Research current business base in <br /> each community and availability of redevelopment opportunities and vacant land to identify a <br /> strategic marketing plan for all communities. Develop a code of ethics between the communities for <br /> use of attraction and retention tools. • <br /> 2 <br />