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of <br />ver <br />Current Adopted Goals <br />Approved May 2024 <br />Short-term (20243-245) <br />■ Commercial Development <br />■ Budget and sinking fund for building repair. <br />o Transition PW Facility bond to general levy (ongoing) <br />•FT Center fully staff and financially self-sustaining <br />■ Draft a Cost Participation Policy for Trail and Street Improvement Projects <br />■ Line Avenue Cul de Sac <br />Mid-term (20228) <br />■ Acquire business park land. <br />o Assist developers with private acquisition as needed. <br />■ Commercial development <br />o CRT Zoning District <br />o Hotel/Hospitality Growth <br />■ Oak Knoll/Hale's Field improvement - collaboration with ISD #728 <br />■ Parks and Rec app — directions, ads, amenities, park features <br />Communitywide Strategic Planning Implementation (downtown district) <br />■ Identify city actions required after Elk River Landfill closure (groundwater) <br />■ Gravel mining closure ,transmission line placement <br />■ Fire Station #1 replacement/improvements <br />■ Implementation of Parks Master Plan <br />■ Implementation of new Housing Study recommendations (workforce housing) <br />Long-term (20343) <br />■ Urban Service Area expansion <br />■ C/I development <br />■ Development of Specht property in eastern Elk River <br />■ Trail connections <br />■ Pedestrian Trail Connection downtown over the railroad and TH10. <br />■ More retail development in western Elk River <br />■ Riverwalk from Orono Park to City of Ramsey <br />Highway 10 safety and mobility improvements, 1651h Ave to Jarvis St. <br />■ TH169 and 225th Avenue Safety Improvements <br />■ Implementation of Downtown Small Area Study recommendations <br />Page 398 of 430 <br />