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b. Take the language deleted from the third bullet point and add it to the <br /> "preamble" of Section Two, so that it reads ["relocated" language shown <br /> in italics]: "In order to expand the City's tax base and thereby provide property <br /> tax relief for homeowners, the City's economic development priorities are, <br /> • in general, as follows:" <br /> 3. To revise Section Three [Resources] as follows: <br /> a. In the fourth bullet point,retain "Visible evidence of new commercial <br /> activity, storefront improvements, remodeling, and other indications of <br /> local economic health," but delete the remainder of the sentence, i.e., <br /> "along the Highway 10 corridor and in the City's other business <br /> districts." <br /> b. In the fifth bullet point,retain "Ongoing efforts to enhance the <br /> appearance of, and to better coordinate planning for the further <br /> development of the Highway 10 corridor" (but deleting the word <br /> "business" after"Highway 10") and add"and the community at large." <br /> c. In the ninth bullet point, retain "Parcels of land that are suitable for <br /> development or redevelopment (deleting the phrase "especially along <br /> Highway 10" after "Parcels of land.") <br /> d. Delete bullet point eleven ("Strong local interest..."). <br /> e. Delete bullet points thirteen and fourteen ("Historically low interest <br /> rates" and"A continuing`legislative inclination" to...). <br /> f. In bullet point fifteen, retain "A plentiful supply of life-cycle' housing <br /> to accommodate a wide range of incomes," but delete "including <br /> numerous rental units and other varieties of affordable housing for <br /> entry-level workers. <br /> g. Delete bullet point eighteen. <br /> 4. To revise Section Four [Challenges] as follows: <br /> a. In each of the thirteen bullet points, delete overly"directive" language <br /> such as "the City will." <br /> b. Combine the first two bullet points and then list the identified <br /> "responses" in sub-bullet point format rather than in a narrative format. <br /> c. Revisit bullet points four and five at the request of one of the <br /> Commissioners. <br /> d. In bullet point six, add"develop a greater sense of community" as an <br /> additional-responsive_action, and delete the words "design theme"that <br /> appeared immediately after "Highway 10." <br /> e. In bullet point eight, after the phrase "...recruitment/marketing <br /> techniques," delete "phone calls, personalized letters, networking at <br /> social business functions, etc.". <br /> e. In bullet point thirteen, modify existing language so that it reads: <br /> "...participate in seeking creative solutions to the financing challenges <br /> inherent in potential redevelopment projects." <br /> 5. To address Section Five [Financial Incentives] at the next EDC meeting, due to <br /> lack of time. <br /> • <br />