04-22-1999 - Laserfiche WebLink

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L6A COM pivvAt 6/17 fr Ott The following are some of the factors or circumstances that developers and/or local • business owners might consider disincentives for economic development in Mounds View, and the steps that the City intends to take to proactively respond to those actual or perceived disincentives: code/- N) ISINCENTIVE(S) RESPONSE(S)/ACTION(S) 1. A sc. '- u - - : : - I and 1. Prepare and periodically update anPdte suitable for new construction. inventory of undeveloped land; list // undeveloped parcels on City web site with consent of owners/agents; acquire • /14 and/or clear underdeveloped sites suitable for new construction. 2. The small size of the few 2. Focus development efforts on remaining parcels of undeveloped land businesses suitable for smaller lots; that still remain. investigate possibility of combining adjoining lots to accommodate larger businesses. • 3. Unrealisticrice expectations on 3. Wait for market to "catch up"with P P the part of those who own undeveloped currently excessive asking prices; parcels of land (i.e., asking prices well investigate options that might reduce in excess of actual market value). asking prices (relocation assistance, etc.). 4. Actual or perceived 4. Survey residents to determine neighborhood opposition to commercial preferences; arrange neighborhood development of certain types in certain meetings and/or public hearings in areas. connection with proposed commercial development(s). 5. Uncertainty regarding the 5. Discuss general development position/direction/philosophy of the policies with City Council/EDA at City Council and/or EDA with respect work sessions on a periodic basis; to commercial and industrial periodically review (and update or development in general or with respect amend, as needed) TIF policy. to City/EDA financial assistance related 1111 thereto.