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<br />City of Elk River <br /> <br />2004 Annual Report <br /> <br />2005 GOALS & PROJECTS <br /> <br />The Economic Development Strategic Plan provides a framework for the City Council and EDA <br />and HRA to work within and focuses staff energies on those priority areas important to the <br />economic health of the city. <br /> <br />The 2004-2007 Economic Development Strategic Plan includes the following major goals: <br /> <br />I. Industrial Development <br />· Attract new businesses and expand existing businesses to increase the city's <br />industrial tax base. <br /> <br />II. Central Business District <br />· Undertake planning and activities that facilitate redevelopment in the Central <br />Business District. <br /> <br />III. Transportation <br />· Advocate and support proactive planning for improvements to the local and area <br />transportation system. <br /> <br />IV. Commercial Development <br />· Encourage desired commercial development in identified areas. <br />