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2.3. attachment 4 <br /> EDA SWOT Analysis <br /> (May 25, 2018) <br /> Strengths— <br /> ■ Image and Public Safety <br /> ■ Municipal/Utility—Reliability <br /> ■ Community of Elk River is a selling point, Parks and Environment, <br /> Accessibility to Natural Resources <br /> ■ Good Infrastructure <br /> ■ Schools and Reputation <br /> ■ Workforce <br /> ■ Sales Tax Study showed that just as many people are going out,as they are <br /> coming in.We are not just a bedroom community anymore. <br /> ■ Greater MN versus Metro <br /> Weaknesses <br /> ■ Articulating the process, candid, clear, and complete direction <br /> ■ Inventory of properties <br /> ■ Long Term Vision <br /> ■ Greater MN versus Greater MN <br /> ■ Transportation Corridor—Rush Hours <br /> Opportunities <br /> ■ Market the stigma that we are in the "boonies", but not far from the metro <br /> ■ 169 Expansion to the north <br /> ■ Marketing the quality of life, tranquility <br /> ■ Good Programs Available <br /> ■ Amount of available gravel mining property to the north <br /> ■ Pull workforce from St. Cloud/Metro—45 Mile Radius <br /> ■ Market the 530 Acres of Land Available—Gravel Mining <br /> Threats <br /> ■ We seem to be closed in,good old boy town <br /> ■ Development of St. Michael/Albertville on I94—Competing Neighboring <br /> Community <br /> ■ Potentially High Tax Rate compared to others — (would like the comparison <br /> sheet) <br /> ■ Identified Process—Break down the communication silos <br /> ■ Stigma—of not business friendly <br />