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HRSR MEMORANDUM 07-26-1999
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HRSR MEMORANDUM 07-26-1999
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City Government
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HRSR
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7/26/1999
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• The issue of downtown attracted a great deal of attention for the <br /> Strategic Plan Modification Committee. It was evident upon <br /> prioritization of the issues that the downtown plan was moved down on <br /> the priority list in favor of development of an external marketing <br /> strategy and east Highway 10 redevelopment. Staff will be <br /> implementing this modified Strategic Plan over the next 2-3 years, and <br /> has interpreted this reprioritization as follows: <br /> • Continue to complete activities assigned under the CBD Action <br /> Plan <br /> • Complete a design plan for the CBD <br /> • Identify and market redevelopment areas in the CBD <br /> Staff will continue to work on these issues, however, progress overall <br /> may take somewhat longer than expected due to this reprioritization. <br /> 6. HRA Budget and Levy Resolution <br /> Attached to this memo you will find the following information regarding <br /> the year 2000 HRA budget: <br /> . • Budget worksheet - HRA revenue projections <br /> • Budget worksheet - HRA projected expenses <br /> As in the past, there are three separate budgets for the Economic <br /> Development Department including: <br /> • General Fund <br /> • Economic Development Authority <br /> • Housing and Redevelopment Authority <br /> Dollars from all three sources will be used again in the year 2000 to <br /> balance the Economic Development Department's budget. <br /> The only expenses proposed to be shared by all three categories include <br /> full time and part time salaries and benefits - to be divided among the <br /> three categories as follows: <br /> • General Fund - 35 percent <br /> • EDA - 50 percent <br /> • HRA - 15 percent <br /> • <br />
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