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implementing a regional economic and workforce development competitiveness <br />strategy for short and long -term economic growth <br />The Itasca Project, an employer led project to drive regional efforts to keep the Twin <br />Cities economy and quality of life competitive with other regions; and <br />■ The Metro Business Plan initiative, 'a pilot project designed to highlight the emergence <br />of metropolitan areas as the dominant source of economic and cultural power in <br />modern America. <br />111 -H (2) Redevelopment <br />Redevelopment involves the development of land that requires "predevelopment." The goal <br />of redevelopment is to facilitate the development of "pre- used" Iand, thereby leveling the <br />playing field between green field and brown field sites so that a private sector entity can <br />rationally choose to locate on land that has already been used. The benefits of <br />redevelopment include a decrease in Vehicle Miles Traveled (VMTs), more efficient use of <br />new or existing public infrastructure (including public transit), ameliorated city costs due <br />to public safety and code enforcement, and other public goods that result when land is <br />reused rather than abandoned and compact development is encouraged. <br />Metro Cities supports: <br />Increased funding and flexibility in the Metropolitan Council's Livable Communities <br />Programs. Metro Cities strongly opposes funding reductions, transfers of Livable <br />Communities Program funds to other program areas and constraints on eligibility and <br />program requirements. Metro Cities supports allowing a maximum levy amount for this <br />program, as provided for under Minnesota Statutes; <br />• Increased, flexible and sustained funding for the Contamination Cleanup and <br />Investigation Grant Program, administered by DEED; <br />• New financing and regulatory tools to nurture Transit Oriented Development, including <br />funding for Transit Improvement Areas (TIAS) as defined in state statute, as well as <br />increased flexibility in the use of TIF for this purpose; <br />• Increased and sustained general fund and state bond funds for the Redevelopment <br />Grant Program, administered by DEED, dedicated to Metropolitan Area projects. <br />• The evaluation of SAC fees to determine if they hinder redevelopment; <br />■ Allowing for cities to "bank" SAC credits to use elsewhere within city; <br />■ Expansion of existing tools or development of new funding mechanisms to correct <br />unstable soils; and <br />2011 Legislative Policies 19 <br />