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MEMORANDUM <br /> <br />Item 5.4. <br /> <br />TO: <br /> <br />FROM: <br /> <br />DATE: <br /> <br />SUBJECT: <br /> <br /> Economic Development Authority <br />~Pl~yor & City Council <br /> Housing & Redevelopment Authority <br /> <br /> Catherine Mehelich, Director of Economic Development <br /> December 8, 2003 <br /> <br /> Discuss Update of Economic Development Strategic Plan <br /> <br />Attachments <br /> · 2000-2003 Economic Development Strategic Plan, Revised November 1999 <br /> · Economic Development Strategic Plan, Adopted May 1997 <br /> <br />Issue <br />The first Economic Development Strategic Plan was adopted in May 1997. At its two-year <br />anniversary in May 1999, the EDA determined that the original Strategic Plan should be <br />updated. It is now 4 years since the most recent revision to the 2000-2003 Plan. The EDA <br />has included in its 2004 budget an amount up to $3,500 for the update of the Strategic Plan. <br /> <br />The Strategic Plan provides a framework for the Commissions to work within and focuses <br />staff energies on those priority areas important to the economic health of the City. <br /> <br />Background <br /> <br />1997 Plan <br />The 1997 original Strategic Plan utilized a taskforce comprised of volunteers representing the <br />following groups: <br /> · Mayor/City Council <br /> · EDA <br /> <br /> Chamber of Commerce <br /> · Utilities Commission <br /> · Downtown Representatives <br /> · Local Business/Industry Representatives <br /> <br /> <br />