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• 6. Owners of"underdeveloped" 6. Arrange meetings with owners; <br /> parcels (especially residential provide current information regarding <br /> homeowners and owners of old or potential market value of their <br /> obsolete commercial structures) who properties; develop or refine City <br /> are unwilling to sell, resulting in an relocation policies; consider use of <br /> inability to develop those properties to eminent domain in appropriate <br /> their highest and best uses. circumstances. <br /> 7. The lack of an commonly known 7. Continue work on the <br /> or readily ascertainable "identity" that development of a Highway 10 Design <br /> would attract new businesses Theme; maintain higher "profile" within <br /> the local and regional business <br /> communities; handle "business climate" <br /> inquiries promptly and professionally. <br /> 8. A scarcity of attractive office 8. Encourage new construction to <br /> space. meet this need. <br /> 9. A scarcity of rental 9. Encourage new construction to <br /> warehouse/showroom space. meet this need. <br /> • <br /> 10. Insufficient financial resources to 10. Investigate and use less <br /> aggressively recruit the most attractive expensive and/or more carefully <br /> "new business" prospects and/or to "targeted"recruitment/marketing <br /> "market"Mounds View as a business techniques: phone calls, personalized <br /> location. letters, networking at social/business <br /> functions, etc. <br /> 11. Insufficient financial resources 11. Aggressively pursue grants to <br /> to fund-business-incubator programs, fund such programs;establish <br /> "enterprise facilitation" projects or collaborations with other governmental <br /> other initiatives designed to help new entities and non-profit organizations; <br /> businesses get started locally. serve as a clearinghouse for information <br /> about assistance (financial and <br /> otherwise) that may be available from <br /> sources other than the City <br /> 12. A competitive climate in which 12. Avoid "raiding" nearby <br /> municipalities will sometimes try to communities for relocation prospects; <br /> 411 entice businesses to move from one work together cooperatively with them <br /> community to another. whenever possible. <br />