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Housing and Economic Development <br />• Improve the cost assignment process to ensure that cities can recoup their costs <br />of managing vacant properties; <br />• Improve ability of cities to recoup the increased public safety and enforcement <br />costs related to vacant properties; <br />• Improvement of the redemption process to provide increased notification to <br />renters, strengthen the ability of homeowners to retain their properties, and <br />reduce the amount of time a property is vacant; <br />• Expedition of the tax forfeiture process; <br />• Increase financial tools for neighborhood recovery efforts, including tax <br />increment financing; and <br />• Year-round notification by utility companies of properties not receiving utility <br />service. <br />3-J Economic Development, Redevelopment and Workforce Readiness <br />The economic viability of the metro area is enhanced by a broad array of economic <br />development tools that create infrastructure, recycle previously developed property, <br />provide incentives for business development, support technological advances and support <br />a trained workforce. It should be the goal of the state to champion development by <br />providing enough sustainable funding to assure competitiveness in a global marketplace. <br />The State of Minnesota should recognize cities as the primary unit of government <br />responsible for the implementation of economic development, redevelopment policies <br />and land use controls. State assistance to cities for development is required in three broad <br />areas: (1) Economic Development — direct business assistance; (2) <br />Redevelopment/Development — real estate development; and (3) Workforce Readiness. <br />Economic Development and Redevelopment are not mutually exclusive — some projects <br />require a boost on both counts. <br />3-J (1) Economic Development <br />For purposes of this section, economic development is defined as a form of development <br />that contains direct business assistance with the goal of sustainable job creation, job <br />retention, appropriate state regulation or classification, or to nurture new or retain <br />existing industry in the state. The measure of return on investment of public business <br />subsidies should include the impact (positive or negative) of "spin-off development" or <br />business development that is ancillary and supportive of the primary business. <br />Metro Cities supports: <br />2016 Legislative Policies 27 <br />