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3. Washington County uses economic development financial incentives in a fiscally prudent manner. <br />Work plan... <br />---- - —_ _ _-- <br />T-$ <br />_.. _._ — -- <br />1. Review and update the existing financial incentive policies: tax <br />--= - <br />Jennifer <br />increment financing and tax abatement. <br />Wagenius - A <br />and flexibility with economic development goals. <br />Complete <br />2. Explore the creation of a revolving loan program to support business <br />Ongoing <br />support the County's economic development philosophy and principles. <br />development. <br />Washington County HRA to determine appropriate workforce housing <br />A <br />3. Explore using federal Community Development Block Grant monies for <br />Complete <br />Redevelopment Authority (HRA) and determine what other activities <br />economic development activities. <br />CDA <br />B <br />4. Washington County realizes that success in economic development is only achieved through a <br />collaborative and inclusive environment. <br />Work plan... <br />S. Washington County understands that other county -based services impact economic development goals <br />and economic growth, including but not limited to, transportation and housing policies and programs. <br />Work plan... <br />i - <br />1. Review transportation related policies and standards for compatibility <br />1. Explore the value and purpose of a public/private partnership such as an <br />Complete <br />and flexibility with economic development goals. <br />Economic Development Corporation and how it may complement and <br />A <br />C <br />support the County's economic development philosophy and principles. <br />Washington County HRA to determine appropriate workforce housing <br />2. Identify present economic development activities of the Housing and <br />Complete <br />strategies that support economic development goals. <br />Redevelopment Authority (HRA) and determine what other activities <br />B <br />could be directed to the HRA consistent with their mission. <br />county -based plans, programs, and services. <br />3. Continue to convene the Economic Development Work Group to <br />Ongoing <br />address issues of mutual concern and to foster a unified county -wide <br />A <br />economic development approach. <br />4. Develop a concept paper on the formation of a Community <br />Complete <br />Development Agency (CDA) and present to the County Board. <br />B <br />S. Washington County understands that other county -based services impact economic development goals <br />and economic growth, including but not limited to, transportation and housing policies and programs. <br />Work plan... <br />i - <br />1. Review transportation related policies and standards for compatibility <br />Ongoing <br />and flexibility with economic development goals. <br />A <br />2. Review recent outcomes of housing market research completed for the <br />Ongoing <br />Washington County HRA to determine appropriate workforce housing <br />A <br />strategies that support economic development goals. <br />3. Where applicable, consider economic development impacts in other <br />Ongoing <br />county -based plans, programs, and services. <br />B <br />