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Introduction <br /> <br />The intent and content of Mounds View’s Economic Development element is directed towards <br />future business development (both retention and recruitment) and redevelopment within the <br />community. It is important to maintain and improve the quality and diversity of existing and <br />prospective Mounds View businesses and to embrace redevelop opportunities in order to enhance <br />the City’s tax base through such things as creating additional market value through building <br />enhancements or new buildings and the creation of jobs. <br /> <br />Goals & Policies <br /> <br />Future Economic Development in Mounds View will be governed and directed by the following set <br />of goals and policies. <br /> <br />Business Development Goal: Retention <br />In light of the increasing mobility of businesses in general, the City will focus on retaining <br />existing businesses and industries in the community, in some cases by helping to create <br />circumstances under which they can expand to meet their customers’ needs and/or their own <br />desire to grow and prosper financially. <br /> <br /> Retention Policies <br />• Retain existing businesses that make positive contributions, such as job creation, to the <br />local economy. <br />• Provide a reasonable and prudent level of assistance (financial or otherwise) to enable <br />existing businesses to expand their operations and/or facilities in Mounds View. <br /> <br />Business Development Goal: Recruitment <br />The City will actively market itself to selected target audiences as a prime location for specific types <br />of commercial and industrial development. In order to continuously refine and review its objectives <br />as economic conditions and realities change, the City, through the Economic Development <br />Commission (EDC) and/or the Economic Development Authority (EDA) will annually update its list <br />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 />The City will encourage the development of new office space, warehouse space and retail operations <br />that will enable Mounds View to offer services, facilities and goods that are not presently available <br />in the community or that are unavailable in sufficient quantity or quality. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />2