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ECONOMIC DEVELOPMENT COMMISSION 2000 WORK PLAN Mission Statement: The Economic Development Commission shall serve as an advisory body to the Economic Development Authority to promote a positive economic climate and revitalize the community by developing programs to retain and expand existing businesses, attract desirable new businesses, and redevelop target areas in the City. Action Steps: ■ Review and make recommendations to the EDA on programs and opportunities to enhance business development and retention. ■ Advocate for an approved Highway 10 Redevelopment Plan as an important element in the positive economic vitality of Mounds View and provide input on the development of the redevelopment plan. ■ Evaluate the effectiveness of the Business Improvement Partnership Loan Program and make recommendations for revisions to the Program to meet the needs of the business community. ■ Evaluate staff research on innovative programs of other metro area cities as it relates to development, redevelopment and housing rehabilitation. ■ Actively participate in the development of a design theme for Mounds View and work cooperatively with the Planning Commission in implementing design standards as a result of the design theme process for new development and redevelopment in the City. ■ Annually monitor and provide input on the Mounds View Housing Replacement Program and other housing initiatives. Evaluate the effectiveness of housing program as a tool in providing the community with affordable and life cycle housing and generating positive long-term economic growth. Ensure that any housing program using TIF meets the requirements under the Mounds View's Tax Increment Plan. ■ Advocate continued staff involvement in the New Brighton/Mounds View Area Chamber of Commerce to provide a framework for the evaluation of business concern and to help support a positive business climate. Encourage the participation of the business community in Chamber activities. ■ Participate with staff in retention calls to local businesses. ■ Because the work of the 1-35W Corridor Coalition could have a positive economic impact on the development and redevelopment of the City of Mounds View, the EDC would advocate for staff to provide a quarterly report on the status of the Coalition and provide input on the Coalition strategies as needed. ■ Communicate on a regular basis with the public on the Economic Development Commission activities, encouraging written or verbal comment, through the City Newsletter, cable and other interactive avenues. N:\DATA\GROUPS\ECONDEV\EDC\Commission Information\Workplan 2000.doc