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ECONOMIC DEVELOPMENT COMMISSION <br /> 1996 WORK PLAN <br /> Mission Statement <br /> The Economic Development Commission shall serve as an advisory body <br /> Development Authority to promote a positive economic climate and revitalize the <br /> community by developing programs to retain and expand existing businesses, attract <br /> desirable new businesses, and redevelop target areas in the City. <br /> Action Steps: <br /> • Complete the process of making Mounds View a Star City. <br /> • Review and make recommendations to the EDA onand o rams ro <br /> enhance business development. p g pportunities to <br /> Advocate for an approved Highway 10 Redevelopment Plan as an important <br /> element in the positive economic vitality of Mounds View and provide input on <br /> the development of the redevelopment plan. <br /> • Monitor the development of a Housing Program for Mounds View recognizing <br /> link between affordable and life cycle housing and positive economic growth.9 wth Inhe <br /> addition, review the use of tax increment financing funds for a Housing <br /> Program <br /> ensuring that the program meets the requirements of Mounds View's Tax <br /> Increment Plan. <br /> • • Research innovative programs of other metro area cities as it relates to <br /> deveopment, redevelopment and housing rehabilitation. <br /> • Monitor the responses and make recommended solutions to the findings of the <br /> Phase II North Metro Business Retention and Development Program. <br /> • Work cooperatively w„'' the Plann; -.7 Commission in evaluating design standards <br /> for new development and - �veloprrent in the City. <br /> • Develop and make recon: ends. ns to the Economic Development Authority for <br /> a Tax Increment Financir•. Poll include fundability guidelines. <br /> • Actively partic:i: ,n rets- , s to local businesses. <br /> • Expiore opportunities fc 77.,ovement 0' <br /> we puunc rr,-I., ,;. System aPnnp <br /> tighway 10. <br /> Communicate on a regular basis with the public on the Economic <br /> Commission activities, encouraging written or verbal comment, through the City <br /> Newsletter, cable and other interactive avenues. <br />