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G <br /> C) <br /> Economic Development Plan <br /> The following implementation strategies will be used to carry out the Economic <br /> Development Plan. <br /> ECONOMIC DEVELOPMENT PLAN (CHAPTER 6) <br /> IMPLEMENTATION STRATEGIES <br /> No. Description Timing <br /> 1 Strategic Plan. Update long-term strategic plan for economic On-going <br /> development within the City. <br /> 2 SWOT Analysis. Continue to identify strengths, weaknesses, On-going <br /> opportunities and threats to business retention and development. <br /> 3 Survey Business Owners. Conduct an outreach survey to Short <br /> business owners to identify barriers and opportunities. <br /> 4 Identify Target Business Market. Identify the desirable Short <br /> businesses using the SWOT analysis and survey results. <br /> 5 Market Hugo. Prepare and implement a marketing plan to attract Short <br /> and retain desirable businesses in Hugo. Collaborate with business <br /> associations and neighboring communities on a regional strategy. <br /> 6 Incentives Policy. Create a policy for the use of financial Short <br /> incentives within the City. <br /> Parks, Trails and Open Space Plan <br /> The following implementation strategies will be used to carry out the Parks, Trails and <br /> Open Space Plan. <br /> PARKS, TRAILS AND OPEN SPACE PLAN (CHAPTER 7) <br /> IMPLEMENTATION STRATEGIES <br /> No. Description Timing <br /> 1 Collaboration. Continue to work with other public, private and non- <br /> profit groups and agencies to enhance the City's limited resources and Ongoing <br /> enhance the programs and facilities available to residents. <br /> 2 Maintain the Parks and Trails System. Maintain the quality of the <br /> existing park and trail system and fund the replacement of buildings, Ongoing <br /> equipment and trails. Determine priorities and plan for short-term <br /> funding needs through the annual review of the CIP. <br /> 3 Greenways. Establish Greenway Corridors in the City through <br /> dedication of land as property develops or though land dedication by Ongoing <br /> propertyowners. <br /> 4 Trails. Complete the trail corridors shown on the Trail Plan. On oin <br /> 5 Park Dedication Policy. Review the City park dedication policies and <br /> ordinance to establish new park dedication requirement in compliance Short <br /> with State Law to provide for the park needs of new development. <br /> Chapter 13 13-5 <br /> Implementation Plan <br /> 4fHU"g­0` <br />