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1; r <br /> • 4. RESOURCES TO SUPPORT ECONOMIC ! EVELOPMENT #'' <br /> "Resources to support economic development" can be f efmed as any facts, Lellit:vtA <br /> programs or circumstances that enhance Mounds Vie 's ability to attract new <br /> businesses, retain and expand existing businesses, or .ssist in the preservation of a <br /> vibrant, diverse local economy. Such resources curr- tly include the following: <br /> 1. Close proximity to Interstate 35-W, all. ing relatively quick and easy l ,, , <br /> access to the downtown areas of Minn-.polis and St. Paul, and to other, <br /> portions of the Twin Cities metropolit. area. 400M <br /> PA <br /> Good internal traffic circulation, :;• -_.•_ ;. <br /> :!! <br /> 3. Successful, attractive business parks. <br /> 4. Visible evidence of new commercial activity ( - , .10 <br /> th. • ► a • .o • �j, ' .. n , '�.. onstore, ,- ( 1 <br /> 5. Ongoing plans to create unifying visual the es and coordinated <br /> planning in and for the Highway 10 corridor. <br /> 6. Local business owners who are interested in expanding their operations <br /> 4110and improving the appearance of their properties. <br /> 7. The potential availability of tax increment fmancing 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 <br /> Partnership Loan program. <br /> 9. Parcels of land, especially along Highway 10, that are suitable for <br /> development or redevelopment. <br /> 10. An active local Chamber of Commerce. <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 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. <br /> 15. A plentiful supply of"life-cycle"housing to accommodate a wide range <br /> of incomes, including numerous rental units and other varieties of <br /> "affordable housing" for entry-level workers. <br /> E <br />