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City of Mounds View Comprehensive Plan <br />________________________________________________________________________ <br /> <br /> <br /> <br />90 <br />COMMUNITY ECONOMIC DEVELOPMENT GOALS <br /> <br />Mounds View’s future economic development will be governed and directed by a set of basic goals, <br />principles and assumptions. The most important of these are set forth below. <br /> <br />The redevelopment or expansion of an existing business, new commercial or industrial development, <br />or residential housing will be considered even if it involves the possible acquisition, demolition or <br />relocation of an existing business or residential homes. <br /> <br />The redevelopment or expansion of an existing business, or new commercial or industrial <br />development, or residential housing will be considered if a reasonable opportunity for public input <br />has been provided, particularly by those business owners and homeowners who could potentially be <br />affected. Whether or not such parties support (or, at a minimum, do not oppose) any proposed <br />redevelopment, expansion, new development or new project will be one of the more important <br />factors in determining the City’s position with respect to any such proposal. In the final analysis, the <br />City’s goal will be to determine whether the actual or potential benefits to the City (from any such <br />proposal) outweigh the actual or potential negative impacts on individuals, businesses or the <br />community as a whole. <br /> <br />The City will actively market itself to selected target audiences as a prime location for specific types <br />of businesses and industries. In order to continuously refine and review its objectives as economic <br />conditions and realities change, the City (through the EDC and/or the EDA) will annually update its <br />list of targeted businesses and industries. Although the City will respond in a timely and businesslike <br />manner to all requests for information about the City’s suitability as a business location, City staff <br />members will focus their attention on those requests that come from businesses of the type that <br />appear on the City’s target list. <br /> <br />In light of the increasing mobility of businesses in general, the City’s future economic development <br />efforts will focus on retaining existing businesses and industries in the community, in some cases by <br />helping to create circumstances under which they can expand to meet their customers needs and/or <br />their own desire to grow and prosper financially. Given the fact that the City is almost fully <br />developed, and in order to improve the City’s tax base and improve the City’s visual aesthetics, the <br />City also intends to devote significant attention to redeveloping aging, obsolete, blighted or <br />otherwise underdeveloped structures. Additionally, the City will explore the opportunities that are <br />presented by the few remaining parcels of undeveloped property. In some cases this may involve <br />assisting the owners of such parcels with the marketing of their properties to prospective developers. <br /> <br />The City recognizes that the maintenance of an adequate workforce will be one of the most serious <br />challenges that will face business and industry for much of the foreseeable future, and that the <br />private sector and/or educational institutions will be primarily responsible for addressing and <br />resolving workforce issues. However, the City is prepared to assist with such efforts by working <br />collaboratively with others who are concerned about such issues. The nature of the City’s assistance <br />may include having City representatives serve on local and regional committees, commissions and <br />agencies devoted to this important topic.