02-20-1997 (2) - Laserfiche WebLink

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ECONOMIC DEVELOPMENT COMMISSION 1997 WORK PLAN Mission Statement: The Economic Development Commission shall serve as an advisory body to the Economic Development Authority to promote a positive economic climate and revitalize the community by developing programs to retain and expand existing businesses,attract desirable new businesses,and redevelop target areas in the City. Action Steps: • Review and make recommendations to the EDA on programs and opportunities to enhance business development. • Advocate for an approved Redevelopment Plan for Highway 10,Section 9 and encourage further study and planning for the entire Highway 10 Corridor as an important element in the positive economic vitality of Mounds View. Continue to act as the catalyst for and provide input on the development of a Corridor redevelopment plan. • Monitor and provide input on the Mounds View Housing Replacement Program. Ensure that the program continues to provide the community with affordable and life cycle housing and positive economic growth and meets the requirements of Mounds View's Tax Increment Plan. • Research innovative programs of other metro area cities as it relates to development,redevelopment and housing rehabilitation. • Work cooperatively with the Planning Commission in evaluating design standards for new development and redevelopment in the City. • • Develop and make recommendations to the Economic Development Authority for a Tax Increment Financing Policy. • Actively participate in retention calls to local businesses. • Explore opportunities for improvement of the public transit system along Highway 10. • Communicate on a regular basis with the public on the Economic Development Commission activities,encouraging written or verbal comment, through the City Newsletter,cable and other interactive avenues. •