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13 Vision: CREATE AND MAINTAIN A POSITIVE BUSINESS CLIMATE WHERE BUSINESSES WANT TO LOCATE AND REMAIN IN MOUNDS VIEW THROUGH A GOOD BR&E PROGRAM AND REDEVELOPMENT EFFORTS THAT SUPPORT HEALTHY BUSINESS ECONOMIC DIVERSITY Strategy: Continue BR&E program, maximize utilization of development space and current list of available sites. Start Value Current Value Target/End Value $108,665 $110,165 $120,080 Goals Start Value Current Value Target Value Fill Vacant Space & Continue BR&E Program $108,665 Personnel costs $108,665, Advertising $1,500 Personnel costs $118,445, & $1,635 Advertising Support Redevelopment & Development Recruitment Efforts, Increase the EDA levy to have funds available for redevelopment projects, housing rehabilitation, 1-4 units and commercial development and loan programs $50,000 Gen Fund transfer Part of EDA Levy $150,000 $300,000 Total for operational expenses and property acquisition Finance Top Redevelopment Areas Industrial/Commercial/Residential $212,000 fund balance Fund balance at end of year $1,237,489 cash balance ($881,501) $570,000 fund balance, (Adding $90,000 p/yr) plus proceeds from Crossroad Pointe Thriving small business neighborhood appeal: Support through Forgivable Loan Program, setting aside land for service oriented business like convenience stores or similar in residential neighborhood areas Consider Increasing EDA Levy to help support the acquisition of land for redevelopment Provide a variety of housing stock and maintain effective co Townhomes & Condos that are more financially appealing than single-family homes or apartments: Identify and set aside strategic lots within the City like the Sham O Kennel Lot, Arden Park Redevelopment area, and MV Square. Ensure townhomes are integrated into the