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EDC Strategic Plan <br /> Year 2002 <br /> Page 2 <br /> ➢ Develop financing strategy, which could include an efficient use of EDA funds,to <br /> ready sites for development. <br /> ■ Engage in discussions with large scale developers to determine if opportunities for <br /> partnership exist with City, EDA/EDC and land owners to create a master planned <br /> business park development. <br /> Objective 1C: Continue to improve communication and education with community <br /> partners (residents,businesses, other government agencies)regarding the importance and <br /> impacts of commercial/industrial development and the benefits of growth. <br /> ■ Work with school board, county board and other public partners to inform and discuss <br /> economic issues(ongoing activity). <br /> ■ Get to know tenants in multi-tenant buildings so that when they are ready to expand, <br /> we are ready to accommodate them with a new facility in Woodbury. <br /> ■ Publish and disseminate news releases regarding development activities or policy <br /> issues whenever warranted. <br /> ■ Continue business retention survey program with a targeted focus. <br /> Objective 1D: Gain an understanding of site selection criteria so that the city can <br /> position itself to better compete with other communities for new business development. <br /> ■ Work with brokerage community to inventory the available space in Woodbury, so <br /> that we are able to direct companies looking for expansion opportunities. <br /> ■ Explore new tools or incentives that are needed to attract companies to Woodbury <br /> and make us competitive with nearby communities. <br /> ■ Review City approval processes to ensure that application/review requirements are <br /> streamlined and "user friendly". If necessary make appropriate changes in processes <br /> and procedures (ongoing activity). <br /> GOAL 2: IMPROVE INFRASTRUCTURE WITH A FOCUS ON TRANSPORTATION <br /> AMENITIES,UTILITIES AND TELECOMMUNICATIONS SYSTEMS. <br /> 2 <br />