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Item # 8. <br />MEMORANDUM <br />TO: Economic Development Authority <br />FROM: Catherine Mehelich, Director of Economic Development <br />DATE: December 10, 2007 <br />SUBJECT: Discuss 2008 EDA Goals and Projects <br />Attachments <br />Staff report dated December 3, 2007 re: HRA Goals and Projects for 2008 <br />2004-2007 Economic Development Strategic Plan <br />2007-2009 Strategic Industrial Marketing Plan -Strategies and Tactics <br />Issues for Discussion <br />As you are aware the Economic Development Division provides staff support for both the HRA <br />and EDA. A copy of the HRA's preliminary list of goals and projects for 2008 is attached. <br />The City Council is holding a planning session to discuss Community Development priorities on <br />January 14, 2008 and may wish to defer feedback on the following preliminary list of goals and <br />projects until after that discussion: <br />2007 Projects <br />• Initiated market study and land use plan for the development of Gateway Business Park <br />• Provided financial assistance for Metal Craft Machine's relocation and expansion project <br />• Initiated restaurant recruitment strategy <br />• Updated inventory of industrial, and commercial, properties for sale/lease <br />2008 Proposed EDA Goals and Projects <br />• Consider update of attached Economic Development Strategic Plan to provide a <br />framework for the EDA and HRA to work within and focuses staff energies on those <br />priority areas important to the economic health of the City. <br />• Implement strategy for the marketing and development of Gateway Business Park <br />• Initiate discussions to identify locations, phasing and financing strategy for expanding <br />city's inventory of industrial and commercial land for future development (e.g. gravel <br />mining area). <br />