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0 <br /> ver <br /> . Identifies priority areas for EDA, HRA,City <br /> 2004-2007 .Council and and staff resources. <br /> Economic Development '`Original Strategic Plan-May 1997 <br /> Strategic Plan :Modified—November 1999 <br /> 2004 Update—included EDA Subcommittees: <br /> ' Finance, Marketing and Incubator Advisory <br /> EDA Adopted: October 11,2004 <br /> HRA Adopted: November',1,2004 =Facilitator--Jim Brimeyer,The Brimeyer'Group <br /> ' City Council Adopted:December 6,2004 <br /> • <br /> t <br /> to actively participate in economic development byp <br /> Industrial Development <br /> utilizin available resources to leverage viable <br /> g 9 ➢Attract new businesses and expand existing <br /> and healthy in our community. Such <br /> investments businesses to increase the city's industrial tax <br /> investments will create diverse job opportunities' base• <br /> as a result of a stable and growing business and &;Central Business District <br /> industrial base. We will strive to provide quality' <br /> •services, maintain a favorable tax rate,supply )Undertake planning and activities that <br /> full-cycle housing options for our residents,and facilitate redevelopment in the Central <br /> foster an environment that Will result in Business District. <br /> substantial growth of our local economy. <br /> •ice ® .. ''.,, < a,, t -'6'i t.,;, ',&.„.1...a. 1 06. ...,,,:.. �.. <br /> ner <br /> ' Transportation <br /> Make available several location options for industries: <br /> >Advocate and support proactive planning for OObta n joint development agreements for Elk Path <br /> improvements to the local and area Business Center and Elk'River Business Park <br /> transportation system. OConsider options to reduce landowner cost of <br /> P y development <br /> Commercial Development ODevelop a"price point"policy <br /> >Encourage desired commercial development ❑Consider making current City/EDA-owned land <br /> in identified areas. available(Brown,Cargill) <br /> 1 <br />