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<br />ECONOMIC DEVELOPMENT COMMISSION <br />2000 WORK PLAN <br /> <br />Mission Statement: <br /> <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, <br />and redevelop target areas in the City. <br /> <br />Action Steps: <br /> <br /># Review and make recommendations to the EDA on programs and opportunities to enhance <br />business development and retention. <br /> <br /># Recognize Highway 10 redevelopment as an important element in the positive economic <br />vitality of Mounds View. <br /> <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 /> <br /># Evaluate staff research on innovative programs of other metro area cities as it relates to <br />development, redevelopment and housing rehabilitation. <br /> <br /># The Economic Development Commission will work cooperatively to coordinate the goals of the <br />respective commissions. <br /> <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 <br />economic growth. Ensure that any housing program using TIF meets the requirements under <br />the Mounds View’s Tax Increment Plan. <br /> <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 <br />a positive business climate. Encourage the participation of the business community in <br />Chamber activities. <br /> <br /># Participate with staff in retention calls to local businesses. <br /> <br /># Because the work of the I-35W Corridor Coalition could have a positive economic impact on <br />the development and redevelopment of the City of Mounds View, the EDC would advocate for <br />staff to provide a quarterly report on the status of the Coalition and provide input on the <br />Coalition strategies as needed. <br /> <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 />