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• 1. Close proximity to Interstate 35-W, allowing relatively quick and easy <br /> access to the downtown areas of Minneapolis and St. Paul, and to other portions of <br /> the Twin Cities metropolitan area. <br /> 2. Good internal traffic circulation via Highway 10 and various county <br /> -�k <br /> roads. 7 j`! <br /> 3. Successful, attractive business parks. <br /> til / <br /> 4. Visible evidence of new commercial activity (i.e., the movie theater 1,171 L'D <br /> that is under construction, the new Holiday Stationstore, etc.) I� <br /> 5. Ongoing plans to create unifying visual themes and coordinated <br /> planning in and for the Highway 10 corridor. <br /> 6. Local business owners who are interested in expanding their operations <br /> and improving the appearance of their properties. <br /> 7. The potential availability of tax increment financing for appropriate <br /> development or redevelopment projects. <br /> 8. The potential availability of city-assisted funding for cosmetic and <br /> operational improvements, through the Business Improvement Partnership Loan Xi? <br /> program. 14/ <br /> 9. Parcels of land, especially along Highway 10, that are suitable for !(• (/ �% <br /> development or redevelopment. ;�, c <br /> 10. An active local Chamber of Commerce. y �" <br /> 11. Strong local interest (among residents and businesses) in plans for local <br /> economic development, especially along Highway 10. <br /> 12. A coordinated approach to local planning and development issues, as <br /> evidenced by the ongoing work of the North Metro I-35W Corridor Coalition. <br /> 13. Historically low interest rates. <br /> 14. A continuing"legislative inclination"to reduce commercial and <br /> industrial property tax rates. /j <br /> !7 <br /> I c • c 1f> c c c /7i 7 � -c �7 :,1 <br /> 7. PRIORITIES FOR ECONOMIC DEVELOPMENT ' ` � t <br /> r 17'1 is <br /> DECISIONS 4 7 1.-1.1/4/1-7 <br /> /1/4. y( �y) <br /> In general, the City of Mounds View's economic development priorities are as <br /> follows: <br /> N <br /> 1. Retain existing businesses that make positive contributions to the local <br /> • n � V <br /> 4 <br /> 1` <br />