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City of Elk River <br /> 2004 Annual Report <br /> • 2005 GOALS & PROJECTS <br /> The Economic Development Strategic Plan provides a framework for the City Council and EDA <br /> and HRA to work within and focuses staff energies on those priority areas important to the <br /> economic health of the city. <br /> The 2004-2007 Economic Development Strategic Plan includes the following major goals: <br /> 1. Industrial Development <br /> • Attract new businesses and expand existing businesses to increase the city's <br /> industrial tax base. <br /> II. Central Business District <br /> • Undertake planning and activities that facilitate redevelopment in the Central <br /> Business District. <br /> Ill. Transportation <br /> • Advocate and support proactive planning for improvements to the local and area <br /> transportation system. <br /> IV. Commercial Development <br /> • • Encourage desired commercial development in identified areas. <br /> • <br />