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4.1. SR 12-06-2004
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4.1. SR 12-06-2004
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1/21/2008 8:34:00 AM
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12/6/2004
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<br /> <br />Item # 4.1. <br /> <br />MEMORANDUM <br /> <br />TO: Mayor & City Council <br />FROM: Catherine Mehelich, Director of Economic Developmen~ <br />DATE: December 6, 2004 <br /> <br />SUBJECT: Consider Adoption of 2004-2007 Economic Development <br />Strategic Plan <br /> <br />Attachments <br /> <br />. Discussion Notes from the 2004 Sttategic Plan Work Sessions <br /> <br />. 2004-2007 Economic Development Sttategic Plan <br /> <br />Background <br />The Economic Development Sttategic Plan provides a framework for the Council and <br />Commissions to work within and focuses staff energies on those priority areas important to <br />the economic health of the City. The original Sttategic Plan was adopted in May 1997 with <br />participation from a variety of community leaders. The Sttategic Plan was modified in 1999 <br />by the EDA, HRA and City Council to reflect a reorganization of priority issues <br /> <br />In March and May 2004 the City Council participated in two work session discussions for <br />the Economic Development Sttategic Plan Update. Jim Brimeyer facilitated the work <br />sessions. Additional participants included the HRA, EDA, and EDA subcommittees <br />Incubator Advisory, Finance, Marketing, and city staff. Discussion notes from the work <br />sessions are attached. <br /> <br />The attached 2004-2007 Sttategic Plan was recently adopted by the EDA at its October <br />meeting, and by the HRA at its November meeting. <br /> <br />2004.2007 Priorit;y Goals and Strateeies <br />Following is a comparison of the 1999 issues and those issues most recently modified by the <br />committee: <br /> <br /> 1999 Issues 2004 Issues <br />1. Industtial Base 1. Industtial Development <br />2. Business Retention & Growth 2. Centtal Business Disttict !CBD) <br />3. Marketing Sttategy 3. Transportation <br />4. Develop/Redevelop East Hwy 10 4. Commercial Development <br /> and the Centtal Business Disttict <br />
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