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0 ECONOMIC DEVELOPMENT COMMISSION <br /> 1995 WORK PLAN <br /> Mission Statement: <br /> The Economic Development Commission shall serve as an advisory body to the Economic <br /> Development Authority to promote a positive economic climate, which retains and expands <br /> existing businesses, attracts desirable new businesses, and revitalizes the community. <br /> Action Steps: <br /> -9 Begin updating Mounds View 1986 Economic Development Plan. <br /> 4 Review and make recommendations to the EDA on programs to enhance business <br /> development. <br /> 4 Review and provide comment on the recommendations from the Highway 10 <br /> Subcommittee regarding proposed redevelopment plan for Highway 10 Corridor. <br /> 410 4 Develop a list of targeted industries for future economic development programs. <br /> 3 Research innovative programs of other metro area cities as it relates to development, <br /> redevelopment and housing rehabilitation. <br /> 4 Monitor the responses and make recommended solutions to the findings of the North <br /> Metro Business Retention and Development Commission Program. <br /> 4 Begin evaluating development design standards for new development and <br /> redevelopment in the City. <br /> 4 Initiate the adoption of a Tax Increment Financing Policy to include fundability <br /> guidelines. <br /> 4 Actively participate in retention calls to local businesses. <br /> -4 Review and make recommendations with regards to funding programs for the <br /> rehabilitation of Mounds View's housing stock. <br /> 4 Communicate on a regular basis with the public on the Economic Development <br /> Commission activities, encouraging written or verbal comment, through the City <br /> IIINewsletter, cable and other interactive avenues. <br />