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Division:Economic Development <br />Completed by:Amanda Othoudt, EDD <br />Date:July 13, 2017 <br />Performance Measure 2016 Actual 2017 Estimated 2018 Projected <br />Conduct BR&E Visits 13 24 24 <br />Personally connect with developers to <br />tour available properties to entise <br />development of available properties 4 5 6 <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.3 Applications Processed 3 Applications Processed 3 Applications Projected <br />Gain Positive Exposure for the city Attending networking events, trade shows, <br />conferences, and site selector events <br />Grow and maintain an inventory of <br />private and public properties available <br />for future development <br />Establish a wetland bank to facilitate new <br />development where wetlands impede growth <br />Maintain financial incentives to enhance <br />economic development <br />Maximize and Leverage DEED monies, <br />Initiative Foundation, Sherburne County <br />Revolving Loan Fund and other financial <br />tools and incentives. <br />Celebrate and grow our existing <br />businesses <br />Conduct Business, Retention and Expansion <br />visits to local businesses <br />Market the city of Elk River as a <br />destination <br />Contact & Network with Key Stakeholders in <br />the Targeted Industries including Real <br />Estate Brokers/Agents. <br />Strategic Recruiting: Attend targeted industry (Data Centers, Manufacturing, <br />Energy, 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 />Conduct BR&E Visits and gauge the interest of starting a manufacturing <br />cohort group on a quarterly basis. <br />Division Performance Measures & Goals for 2018 <br />share responsibility with EDA and Environmental Departments <br />Related Vision Statement <br />Goal/ObjectiveDivision Goal Comments <br />Support DEED Programing with local state representatives <br />Strategic Recruiting: Attend targeted industry (Data Centers, Manufacturing, <br />Energy, 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.