2006.04.17 EDA Packet - Laserfiche WebLink

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DRAFT PROPOSAL Proposal for the Formulation of a Comprehensive Economic Development Strategy for Washington County and Its Communities Background: It is being suggested that Washington County and its respective cities move forward with a new strategic, economic development plan. Washington County, in cooperation with its local cities, needs to consider expanding its strategic role in economic development. Competition from northwest Wisconsin, other Minnesota cities and even internationally makes it critical that Washington County work cooperatively with its cities to be able to attract the best job creators for our citizens. Currently, cities in the County pursue various levels of economic development without an appropriate, supportive County program to assist the cities with their respective efforts. This can lead to sub-optimal effort when a comprehensive economic approach is not implemented; which in turn, produces mixed results for different areas in Washington County. Thus, due to ongoing direct and indirect financial involvement, the County should identify economic development as part of its mission and the means to support its critical services. Clearly, the future level of Washington County's role in economic development needs to be examined in order to ensure long-term tax base and job growth in its respective communities. We are suggesting that such a strategy be pursued in which the County decides to work more actively with its respective cities to facilitate economic development. This perspective would provide for a partnership in which the City and County work together to facilitate the appropriate growth within the County. Oftentimes, the County does not necessarily function as a true partner with its respective communities, even though the development that occurs in the cities is what builds the County tax base. Therefore, we are proposing: that the organizational structure and the economic capacity of Washington County be studied and a subsequent economic development strategy be developed to ensure County partnership with its respective cities. Economic Development Resources within the County Include: • Washington County cities—industrial parks, TIF, revolving funds, SBA • Washington County—public works, social services, abatements, etc. • Washington County WIB—workforce employment and training. • Washington County HRA—affordable housing, HUD programs, redevelopment • Chambers and Business Organizations • Utility Companies—Xcel Energy, CenterPoint Energy, Connexus Energy Strategic Plan Purpose: It would be the purpose of this plan to encourage the County to develop an economic development partnership program with its communities. This plan would, hopefully, move the County toward including economic development as part of its mission to help maintain its fiscal health and retain its low tax rate while meeting its growing service obligations.