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ITEM ~ 6. <br />of <br />fiver <br />MEMORANDUM <br />TO: Economic Development Authority <br />FROM: Catherine Mehelich, Director of Economic Development~~~~~ <br />DATE: January 8, 2007 <br />SUBJECT: Discuss 2007 Goals and Projects <br />Attachment <br />• 2004-2007 Economic Development Strategic Plan <br />Issue <br />Staff requests the EDA's feedback and direction on the priority goals and projects fox 2007. In <br />addition to the items indicated in the attached Economic Development Strategic Plan, following <br />is a preluninary list of goals and projects for discussion: <br />Goals Completed in 2006 <br />• Amended City financing and subsidy policies (TIF, TRF, MicroLoan, Business Subsidy). <br />• Hosted Developer's Forum for input on city's development process. <br />• Utilized Marketing Committee fox update of the Strategic Industrial Marketing Plan. <br />New Initiatives for 2007 <br />• Implement strategy for the development of Gateway Business Park (City Cargill <br />property). <br />• Complete and begin implementation of a comprehensive Downtown Redevelopment <br />Plan. <br />• Conduct city-wide market study to determine location, size and phasing of industrial land <br />inventory. Complete financing strategy for the acquisition and development of industrial <br />land. <br />Ongoing Initiatives <br />• Market for sale and development of remaining lots in Northstar Business Park to users <br />who will maximize the buildable area of the lots. <br />• Implement strategies identified within the Strategic Industrial Marketing Plan. <br />