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06-24-1999
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06-24-1999
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8/20/2018 5:36:36 AM
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MV EDC
EDC Document Type
Council Packets
Date
6/24/1999
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• <br /> • Owners of"underdeveloped" parcels (especially residential homeowners and <br /> 4110 owners of old or obsolete commercial structures) are sometimes unwilling to Op? <br /> sell, thereby delaying or preventing the development of those properties erties to <br /> 0their highest and best uses. In such situations the City may choose to arrange el)" <br /> meetings with the owners, provide current information to them regarding the <br /> potential market value of their properties, develop or refine City relocation ,ii <br /> policies, or4consider the use of eminent domain in appropriate circumstances. <br /> • In order to counter the possible perception that Mounds View lacks a <br /> { -f, commonly known or readily ascertainable "identity" that would attract new <br /> yT PY- <br /> busifr ses, t 4 continue work on the development of XHighway 10 <br /> _ ., `-klesigirtheinef maintain a high profile within the local and regional business <br /> v\ - communities and handle "business climate" inquiries promptly and <br /> professionally. <br /> • Given the scarcity of attractive office space and rental warehouse/office <br /> space, t144,44.41 encourage new construction to meet these needs. <br /> • • Due to the potentially high cost of some of the available methods of <br /> aggressively recruiting the most attractive "new business" prospects and/or <br /> "marketing" Mounds View as a business location,likade,4444 investigate <br /> ` j. , , and use the more cost-effective and/or more carefully "targeted" <br /> recruitment/marketing techniques 0 , • • • s• - :• - <br /> n; •s,r • i. , i ion:, . <br /> • Inasmuch as limited funds are available for the funding of business incubator <br /> programs, "enterprise facilitation" projects or other initiatives designed to <br /> help new businesses get started locally, AteiXtifiyvoyali aggressively pursue <br /> grants to fund such programsstablish collaborations with other <br /> governmental entities and no eprofit organizations, and serve as a <br /> clearinghouse for information about assistance (financial and otherwise) that <br /> may be available from sources other than the City. <br /> • A competitive economic development climate currently exists, in which <br /> municipalities will sometimes try to entice businesses to move from one <br /> community to another. Mounds View will avoid "raiding" nearby <br /> communities for relocation prospects, and will work together cooperatively <br /> • 7 <br />
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