HomeMy WebLinkAbout1998 EDC Goals July 3, 1997 DRAFT
Name: Cathy Bennett, Director of Economic Development
1998 GOALS & WORK PLAN
Mounds View Economic Development Programs
Goal No. 1 - Enhance the economic vitality of the City with effective business attraction and retention strategies
Objectives to Achieve Goal Action Steps Lead Person(s) Target Date *Status
Actively seek new businesses to develop and locate 1. Respond to request for proposals by Cathy Bennett 1. As needed
in Mounds View=s commercial and industrial areas MEDP, DTED, Advantage Minnesota 2. As needed
and review proposals for the development of vacant and North Metro Mayors regarding
or redevelopment areas in the City. potential prospects for the Bridges Tech
Park, MV Business Park and MV
Industrial Park. F/U by phone. Conduct
site tours and introductory meetings
when needed.
2. Respond to general inquiries
regarding available land and commercial
space.
Provide contact with local businesses to monitor 1. Participate in local, regional and state Cathy Bennett 1. Ongoing
growth and lend assistance for retention and business retention programs and forums. EDC Members 2. Meet 2x
expansion. 2. Serve as member of the NB/MV Monthly
Chamber of Commerce Board and 3. 6x and as
Business Development Committee. needed.
3. Proactively call on select businesses 4. Jan, March,
to discuss expansion plans and business May, July, Sept,
outlook. Nov.
4. Select, prepare and distribute Focus 5. Jan, March,
on Mounds View Business articles. May, July, Sept,
5. Prepare and distribute business beat Nov.
newsletter.
Proactively market the benefit of MV Business 1. Direct mail to select Mounds View Cathy Bennett 1. Feb
Improvement Partnership Program for interior and Businesses. 2. July
exterior improvements. 2. Meet with area banks regarding the 3. December
program.
July 3, 1997 DRAFT
3. Target 2 loans per year and monitor
existing loans issued.
Goal No. 2 -Administer and effectively maximize the use of Mounds View EDA=s tax increment funds (TIF)
Objectives to Achieve Goal Action Steps Lead Person(s) Target Date *Status
Ensure TIF is used in accordance to MN Statutes and 1. Prepare and submit annual disclosure Cathy Bennett 1. June 30
evaluate legislation affecting TIF. & State auditor reports. Bruce Kessel 2. March 30
2. Prepare and submit Job/Wage status Jim O=Meara 3. May
reports.
3. Monitor and review TIF legislation.
Provide comment to legislation when
necessary.
Evaluate TIF Funds & develop detailed budget 1. Submit schedule to EDA for review. Cathy Bennett 1. Feb
schedules identifying balances and potential uses. 2. Incorporate proposed expenditures Bruce Kessel 2. Nov.
into budget process. 3. Ongoing
3. Monitor expenditures
Evaluate and make recommendations to the EDA 1. Review project with developer. Cathy Bennett As Needed
regarding requests for use of TIF. 2. Require submission of application EDC
and deposit.
3. Submit to TIF Consultant if
necessary&prepare analysis report.
4. Bring request to EDC for review and
comment.
5. Formal action from EDA.
Goal No. 3 - Improve the aesthetics and tax value of properties along the Highway 10 Corridor
Objectives to Achieve Goal Action Steps Lead Person(s) Target Date *Status
Implement a Highway 10 Corridor Plan. 1. Incorporate approved design theme Cathy Bennett 1. Ongoing
July 3, 1997 DRAFT
into development projects. CD Dir. 2. August
2. Update Highway 10 Inventory 3. As needed
3. Call upon the U of M Design 4. As needed
Institute regarding design 5. As needed
implementation strategies. 6. Ongoing with
4. Gain access to State right of way for Comp Plan
streetscapes. process
5. Inform the public and solicit input
through public forums.
6. Incorporate corridor plan into
comprehensive plan process.
Develop strong relationships with governing agencies 1. Meet with MnDot representatives Cathy Bennett 1. At least Qtrly
and landowners regarding Highway 10 Corridor Plan. regarding Highway 10 plans. CD Dir. 2. May
2. Develop an understanding regarding 3. At least
impact and coordination of wetlands Biannually
along the corridor with DNR& Rice 4. April
Creek Watershed District staff and
board.
3. Meet with Ramsey County
representatives regarding impact of
plans on turn back of Highway 10.
4. Meet and gain support of land
owners regarding the benefits of
implementing the Highway 10 Plan.
Approve design standards for public and private 1. Provide gateway themes Cathy Bennett 1. February
development as part of the Corridor Plan. 2. Provide landscape standards CD Dir. 2. February
3. Review proposals with Commissions 3. March
4. Identify economic impact of 4. March
implementing design standards. 5. April\May
5. Gain approval of design standards.
Secure funding sources to implement design and 1. Monitor budget impacts for proposed Cathy Bennett 1. Ongoing
improvement strategies improvements. 2. June/August
2. Apply for Metropolitan Livable 3. Ongoing
Communities Grant. 4. Funding
3. Monitor the balance of TIF Funds Cycle
and ensure appropriate use as part of
July 3, 1997 DRAFT
plan.
4. Apply for ISTEA Funds for
landscape &transportation
improvements.
Goal No. 4 - Provide quality housing opportunities and increase the residential tax base through an effective Housing Replacement Program
Objectives to Achieve Goal Action Steps Lead Person(s) Target Date *Status
Identify target properties for improvement. 1. Prepare a list of properties for Cathy Bennett 1. March
redevelopment. Jennifer Bergman 2. Quarterly
2. Monitor ownership status of
properties.
Leverage funds by partnering with nonprofit entities, 1. Evaluate use of County, State, Cathy Bennett 1. Ongoing
private developers and other public agencies. nonprofit and developer dollars for all Jennifer Bergman 2. October
housing opportunities.
2. Apply for and monitor distribution of
MN Participation Program.
Direct and monitor procedures for the purchase of 1. Pursue purchase of properties as they Cathy Bennett 1. Ongoing
deteriorating homes come available. Jennifer Bergman 2. 2x per year
2. Monitor the effectiveness of the 3. 2x per year
Housing Replacement Program and 4. As needed
recommend amendments when needed.
3. Direct mail to Mounds View
residents regarding program.
4. Review and amend the checklist of
procedures for purchase of single family
homes to ensure adequate paper trail.
Advocate and support the rehabilitation of multifamily 1. Encourage multifamily housing Cathy Bennett 1. Ongoing
housing stock. owners to make improvements and Jennifer Bergman
participate in the Property Managers 2. As needed
Coalition.
2. Monitor funding sources and link
dollars available to properties owners
and/or developers.
Sell existing lots and monitor the development of new 1. Complete the development of 8265 Cathy Bennett 1. March
July 3, 1997 DRAFT
homes. Silver Lake Road and use as a model for Jennifer Bergman 2. January
other projects. CD Dir. 3. January
2. Prepare a strategy for the
development of 8283 Long Lake Road
along with adjacent properties.
3. Prepare an inventory of properties
that are City or EDA owned and
develop strategies for their use and/or
sale.
`Status - Please use the following codes for this section:
B - Beginning, I- Incomplete, O - Ongoing, C - Complete
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