Laserfiche WebLink
Economic Development Strategic Plan Worksession Page 3 <br /> March 31,2004 <br /> • <br /> Weaknesses <br /> Add Delete <br /> • Need more jobs —livable wage • Lack of marketing plan <br /> • Entertainment opportunities • Lack of skills training <br /> • Underdeveloped industrial base • Commuter population <br /> • Traffic (internal/regional) congestion • Labor availability <br /> • No Community Center • Community gathering place <br /> • Lack of commercial land available—zoned • Meeting facilities <br /> appropriately <br /> • Lack of defined policy for funding city projects <br /> • Cohesive planning(Council,EDA,HRA, City <br /> Departments) <br /> Opportunities <br /> Add Delete <br /> • YMCA possibility • Sports Federation Complex <br /> • Downtown Development interest • Youth organizations <br /> • Growth rate • 101 completion <br /> • Commercial/Retail • Reputation of Minnesota (technical, <br /> education) <br /> • Proximity to higher education • Society work habits (commuter) <br /> • Highway system—Mn/DOT Plan • Met Council policies <br /> • City ownership of land • Past year's growth <br /> • Growth in adjacent cities/townships • Otsego growth <br /> • 101 expansion • Population shift to rural <br /> • Gravel industry land uses • Adjacent city/township growth <br /> • • Energy City designation <br /> Threats <br /> Add Delete <br /> • Need Comprehensive Plan update • Building location <br /> • Power line expansion • Inflation <br /> • Fuel prices (energy) • Fragmented school districts <br /> • The economy • Excess retail <br /> • Adjacent retail • Unmanaged growth outside the city <br /> • Higher land taxes • Landfill in gravel pits <br /> • Deregulation <br /> • County attitude <br /> • Utility personal property tax <br /> • Wild,scenic regulations <br />