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IX. ECONOMIC DEVELOPMENT <br /> A. PUBLIC SERVICE PROGRAM <br /> Economic Development <br /> Program Function and Service Standards <br /> Business Retention and Recruitment <br /> The Economic Development Coordinator's position is responsible for the City's economic <br /> development and re/development activities. Under the Business Retention and <br /> Recruitment, the economic development coordinator, will continue to assist in the <br /> stimulation of business growth and diversification by exploring and expanding funding <br /> mechanisms which support and sustain quality job opportunities for Mounds View <br /> residents. <br /> PROGRAM OBJECTIVE <br /> The Economic Development Coordinator provides the following under the Business <br /> Retention and Recruitment Program. <br /> • Education and exploration on funding mechanisms that are available to the local <br /> businesses for business expansion and attraction. <br /> • Coordination of redevelopment activities in relation to the City's main corridors <br /> • Developing positive relationships with local businesses and act as the City liaison for <br /> the businesses <br /> • Managing development funds and advocating the legislation regarding the use of <br /> development funds. <br /> • Responding and actively initiating proposals to attract and retain quality businesses <br /> 14 <br />