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Economic Development Vision and Strategic Plan: <br />A) Facilitate cCommunity ilnvolvement and engagement to identify needs and opportunities and <br />create a shared vision specific to economic development and to determine goals and priorities_ —A <br />well-developed community and stakeholder involvement and outreach process_ facilitated by the <br />consultant_ is an essential part of the strategic plan. The consultant will include needs <br />assessment/ surveys, facilitation techniques_ focus groups marketing strategies including press <br />outreach_ website and social media efforts to both inform stakeholders and seek their input. <br />Likewise_ the consultant will conduct focus groups_ public input meetings and interviews including <br />but not limited to-vvlth the followin¢: - Formatted: Strikethrough <br />VEDA and city government elected /appointed officials and staff <br />- Formatted: Font: Garamond, 12 pt <br />d.b.Citizens and property owners <br />e --.c. Current business owners manufacturers, developers_ realtors_ and downtown merchants <br />€d. Chamber of Commerce members <br />g -e. Education leaders (K-12_ higher education) <br />f. Special event organizers_ both non-profit and for-profit <br />h— <br />_ - - Formatted: Strikethrough <br />eelleetive gea4s and priorities. <br />B) Community Assessment, Workforce and Educational Institution Analysis - Analyze strengths, <br />weaknesses, opportunities and threats of the local and regional economy. The review will include <br />social, demographic, economic and physical factors, including but not limited to, the following: <br />a. Existing and planned infrastructure; <br />b. Residential housing growth and development; <br />c. Existing economic base and competitive advantages; <br />d. Local land and building availability; <br />e. Locations for commercial and competitive assets; <br />f. Special incentives for economic growth; <br />g. Comparative analysis of benchmarks communities; and <br />h. Evaluation of local and regional labor characteristics, market trends, employment <br />development resources, and workforce training opportunities. <br />C) Conduct Cluster, Location Quotient, Target Industry and Operational Analysis be provided-, - Formatted: Strikethrough <br />to include identification of: <br />a. Specific industries and business types that consider strengths, weaknesses, opportunities <br />and threatd constraints; <br />b. Needed improvements and actions that will accelerate business attraction and recruitment <br />of such development; <br />