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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 /> • Begin updating Mounds View 1986 Economic Development Plan. — cx-Y\ <br /> ♦ Review and make recommendations to the EDA on programs to enhance business <br /> development. — onG;v', ny <br /> J <br /> • Review and provide comment on the recommendations from the Highway 10 <br /> Subcommittee regarding proposed redevelopment plan for Highway 10 Corridor. <br /> _ D <br /> ♦ Develop a list of targeted industries for future economic development programs. <br /> ♦ Research innovative programs of other metro area cities as it relates to <br /> development, redevelopment and housing rehabilitation. <br /> ♦ Monitor the responses and make recommended solutions to the findings of the <br /> North Metro Business Retention and Development Commission Program. — Our-) <br /> 7-725 <br /> • Begin evaluating development design standards for new development and <br /> redevelopment in the City. -- (1J cdcn c. <br /> • Initiate the adoption of a Tax Increment Financing Policy to include fundability <br /> guidelines. 2.- <br /> ♦ Actively participate in retention calls to local businesses. —c; --ju. ,lj <br /> ♦ Review and make recommendations with regards to funding programs for the <br /> rehabilitation of Mounds View's housing stock. <br /> ♦ Communicate on a regular basis with the public on the Economic Development <br /> Commission activities, encouraging written or verbal comment, through the City <br /> Newsletter, cable and other interactive avenues. <br /> C • <br /> .13C:2Yr Y c! 1 <br />