3.7. SR 03-19-2007 - Laserfiche WebLink

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. Acquiring land at reasonable prices for industrial park development . Preserving land identified in the comp plan for industrial use . Do moderate amount of marketing to attract businesses to Big Lake . Only offer serviced industrial land with design standards . Need additional support for entrepreneurs Elk River EDA Elk River identified the following challenges and gaps in programs and services. . Regional marketing . Commercial development (resource limitations) . Limited funds to acquire and hold properties Elk River HRA Elk River identified the following challenges and gaps in programs and services. . Limited funds to acquire and hold properties for redevelopment Princeton EDA Princeton identified the following challenges and gaps in programs and services. . Determining how to best invest in infrastructure to stimulate commercial and industrial development . Extending utilities to new industrial park . Limited marketing materials/capacity . Only offer serviced industrial land Sf. Cloud HRA The St. Cloud HRA identified the following challenges and gaps in programs and services. . Challenges on public housing and Section 8 housing due to reduction in federal funds. . Can only levy .0144% in property taxes (about 3% of the HRA budget) . Attempt to maximize fee income by charging administrative fees, developers' fees, etc. St. Cloud Area Economic Deve/ooment Partnershio The St. Cloud Area Economic Development Partnership is seeking to expand its membership to secure sufficient funding to support area wide marketing - a gap identified by its members. Members also feel that marketing is appropriately handled at the regional level - to reach and work with prospects in the most cost effective manner. Other Gaps in Service The task force identified additional gaps in service as follows: . Staff, resources and authority available to townships for economic development; . A centralized source for county economic and demographic data. 14