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Division Performance Measures & Goals for 2018 <br />Division:Economic Development <br />Completed by:Amanda Othoudt, EDD <br />Date:July 13, 2017 <br />Performance Measure <br />2016 Actual2017 Estimated2018 Projected <br />Conduct BR&E Visits132424 <br />Personally connect with developers to <br />tour available properties to entise <br />development of available properties456 <br />Promote new applications for the <br />Revolving Loan Fund Programs and <br />track the the percentage of applications <br />processed to the total numbers of leads <br />received. <br />3 Applications Processed3 Applications Processed3 Applications Projected <br />Related Vision Statement <br />Division Goal <br />Goal/ObjectiveComments <br />Gain Positive Exposure for the cityAttending networking events, trade shows, Strategic Recruiting: Attend targeted industry (Data Centers, Manufacturing, <br />conferences, and site selector eventsEnergy, Medical Device Technology) trade shows, leverage opportunities <br />with local companies as often as possible by participating in the trade <br />shows that they attend. Identify key decision makers, provide FAM tours of <br />city, coordinate development meetings with City/County/State. Partner with <br />Positively MN, Sherburne County and ERMU. Promote Available properties <br />on MNCAR and MN Prospector. Attend Annual Site Selector Guild <br />Conference. <br />Grow and maintain an inventory of Establish a wetland bank to facilitate new share responsibility with EDA and Environmental Departments <br />private and public properties available development where wetlands impede growth <br />for future development <br />Maintain financial incentives to enhance Maximize and Leverage DEED monies, Support DEED Programing with local state representatives <br />economic developmentInitiative Foundation, Sherburne County <br />Revolving Loan Fund and other financial <br />tools and incentives. <br />Celebrate and grow our existing Conduct Business, Retention and Expansion Conduct BR&E Visits and gauge the interest of starting a manufacturing <br />businessesvisits to local businessescohort group on a quarterly basis. <br />Market the city of Elk River as a Contact & Network with Key Stakeholders in Strategic Recruiting: Attend targeted industry (Data Centers, Manufacturing, <br />destinationthe Targeted Industries including Real Energy, Medical Device Technology) trade shows, leverage opportunities <br />Estate Brokers/Agents. with local companies as often as possible by participating in the trade <br />