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Division Performance Measures & Goals for 2016 <br /> Division: Economic Development/EDA <br /> Completed by: Amanda Othoudt <br /> Date: July 16,2015 <br /> Performance Measure 2014 Actual 2015 Projected 2016 Projected <br /> Conduct 20 BR&E visits 7 12 24 <br /> Contact 6 businesses re:microloan 7 6 24 <br /> Contact at least 3 Data Centers to 3 3 5 <br /> attempt to recruit to Elk River <br /> Obtain positive publicity via at least 3 <br /> city newsletters each year 2 3 4 <br /> Advertise in at least 3 National <br /> Publications with at least 5000 <br /> subscribers 3 3 3 <br /> Advertise in at least 2 Global <br /> Publications with at least 5000 <br /> subscribers - 2 2 <br /> Personally connect with at least 150 <br /> new partners 150 150 250 <br /> Related Vision Statement <br /> Division Goal Goal/Objective Comments <br /> Pursue purchasing properties for City Vision Statement:Opportunities& EDA Determine utility capacities,work with private land owners,available lots,zoning,etc. <br /> Data Centers;then market sites for Strategic Plan:Business Development Work with County and other city departments to keep the Data Center resource <br /> recruitment packet current. <br /> Market retail,Tap Rooms,&other Mississippi Connections:Priority Project From Marketing Funds,create available property listing then actively recruit.Create a <br /> highly desirable businesses to the specific Tap Room brochure.(In process) <br /> Downtown Area <br /> Promote ED incentive programs and EDA Strategic Plan:Business Development Update brochures,Face Book,Twitter,Press Releases,Business&Trade <br /> available land Magazines,etc. <br /> Maximize&leverage DEED monies EDA Strategic Plan:Business Development Identify new DEED programs and update Business Financial Toolkit Brochure. <br /> as often as appropriate <br /> Maximize&Leverage Initiative EDA Strategic Plan:Business Development Identify new programs and update Business Financial Toolkit Brochure. <br /> Foundation moneis as often as <br /> appropriate <br /> Contact and network directly with City Vision Statement:Opportunities&EDA Strategic recruiting:Attend targeted industry(Data Centers,Manufacturing,Energy, <br /> real-estate developers,and target Strategic Plan:Business Development Medical Device Technology)tradeshows,identify the key decision makers,provide <br /> industry decision makers FAM tours of city,attend site selector conference,coordinate development meetings <br /> with City/County/State.Partner with Positively Minnesota and Sherbume County and <br /> ERMU. <br /> Obtain Shovel Ready Certification City Vision Statement:Opportunities& EDA $3250 for each DEED Certification site.Once certified,DEED will promote our sites <br /> status on North Star,and newly Strategic Plan:Business Development as they attend National&International tradeshows&expos,&state website. <br /> identified Business/Industrial Parks. <br /> Assist in reducing the barriers for FAST Study/Mississippi Connections Establish a wetland bank to facilitate new development where wetlands impede <br /> construction growth;shared responsibility with EDA/Planning/Environmental;fast track approval; <br /> remove redtape <br /> Encourage business growth within EDA Strategic Plan:Business Development Conduct 24 BR&E Visits.Focusing on the larger manufacturing facilities <br /> the commercial/industrial sector,by <br /> creating a sound business <br /> enviomment. <br />