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1 <br /> • Downtown Redevelopment Continued <br /> IPriority#4-Attract Reinvestment in the Elk River Central Business <br /> District (CBD) <br /> * Finance and Marketing <br /> Action Step Complete In Process Ongoing Future <br /> Outline the criteria and scope of a x <br /> Market Study which will, in part, help to <br /> identify viable business opportunities for . <br /> the CBD <br /> Bring in an outside consultant, if <br /> x <br /> I determined necessary, to complete the <br /> Market Study within the scope identified <br /> Distribute the results of the Market x <br /> i Study to potential developers to attract <br /> specific businesses to the CBD <br /> Support the use of available financing x <br /> tools such as TIF to aid in redevelopment <br /> of these identified sites <br /> Utilize the Internet to market and x <br /> advertise the CBD to specific retail and <br /> 1 other business uses which are to be <br /> identified within the Market Study <br /> Partner with financial institutions to x <br /> 1 0 establish programs, if necessary and <br /> appropriate, to implement action steps <br /> based upon results of the Focus Study <br /> + and Market Study <br /> Create a positive method for ongoing x <br /> communication with the Chamber of <br /> Commerce, Rivers Edge Downtown <br /> Development Corporation, and all CBD <br /> property owners regarding relevant <br /> issues within the CBD <br /> Support all groups efforts to coordinate x <br /> retail promotions within the CBD <br /> Complete the redevelopment project at x <br /> the corner of King Avenue and Main 1 <br /> Street <br /> Work with CBD businesses to address x <br /> parking needs and issues <br /> 1. <br /> • <br /> 19 <br />