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ECONOMIC DEVELOPMENT COMMISSION <br /> 2000 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 and revitalize the community by <br /> developing programs to retain and expand existing businesses, attract desirable new businesses, and <br /> redevelop target areas in the City. <br /> Action Steps: <br /> # Review and make recommendations to the EDA on programs and opportunities to enhance <br /> business development and retention. <br /> # Recognize Highway 10 redevelopment as an important element in the positive economic vitality <br /> of Mounds View. <br /> # Evaluate the effectiveness of the Business Improvement Partnership Loan Program and make <br /> recommendations for revisions to the Program to meet the needs of the business community. <br /> # Evaluate staff research on innovative programs of other metro area cities as it relates to <br /> development, redevelopment and housing rehabilitation. <br /> # The Economic Development Commission will work cooperatively to coordinate the goals of the <br /> • respective commissions. <br /> # Annually monitor and provide input on the Mounds View Housing Replacement Program and <br /> other housing initiatives. Evaluate the effectiveness of housing program as a tool in providing <br /> the community with affordable and life cycle housing and generating positive long-term economic <br /> growth. Ensure that any housing program using TIF meets the requirements under the Mounds <br /> View's Tax Increment Plan. <br /> # Advocate continued staff involvement in the New Brighton/Mounds View Area Chamber of <br /> Commerce to provide a framework for the evaluation of business concern and to help support a <br /> positive business climate. Encourage the participation of the business community in Chamber <br /> activities. <br /> # Participate with staff in retention calls to local businesses. <br /> # Because the work of the I-35W Corridor Coalition could have a positive economic impact on the <br /> development and redevelopment of the City of Mounds View, the EDC would advocate for staff <br /> to provide a quarterly report on the status of the Coalition and provide input on the Coalition <br /> strategies as needed. <br /> # Communicate on a regular basis with the public on the Economic Development Commission <br /> activities, encouraging written or verbal comment, through the City Newsletter, cable and other <br /> interactive avenues. <br /> \\Ntserver\CityHall\DATA\GROUPS\ECONDEV\EDC\Commission Information\Workplan 2000.doc <br />