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Strategic <br />Initiative <br />Department <br />Tactics <br />Initiation <br />Date <br />Completion <br />Date <br />Additional <br />Resources <br />Required <br />Additional <br />Tools <br />Required <br />Responsible <br />Party <br />Key Outcome Indicators /Metrics <br />Increasing <br />economic <br />growth <br />ED /Engineering <br />Develop a well- designed marketing and <br />sales plan for city's development <br />opportunities (commercial /industrial) <br />Develop/refine City promotional <br />materials to attract economic growth <br />e.g., Fact Sheets for marketable City - <br />owned land <br />10/2013 <br />4/2014 <br />None <br />None <br />ED /Bruce <br />Westby <br />• Launched a successful marketing <br />plan that informs businesses, <br />developers and real estate brokers <br />that the City is Open For Business — <br />It is a New Day and a New <br />Beginning <br />• Achieved X number of jobs, private <br />capital investment, and sold X acres <br />in 2015 <br />Administration <br />Approve exit strategy for COR <br />4/2013 <br />7/2013 <br />None <br />None <br />Kurt Ulrich <br />• Selected course of action <br />Maximizing <br />land use <br />CD <br />Determine appropriate land uses and <br />development opportunities for property <br />including but not limited to the following: <br />D Industrial Park development <br />D 167« commercial node <br />D Sunfish Lake Blvd/ Sunwood <br />Drive commercial node <br />> Legacy /Hageman site <br />> West of Armstrong area <br />D Former municipal center <br />D Pearson property south of 10 <br />D River's Bend site <br />D 181s and Bagh /Armstrong <br />Blvd <br />2013 <br />2013 <br />Can <br />accomplish if <br />new staff is <br />hired <br />None <br />Tim Gladhill <br />• Finalized development options <br />CD <br />Identify roadmap for future <br />development <br />1/2015 <br />12/2018 <br />$20,000 <br />(General <br />Funds) <br />None <br />Tim Gladhill <br />• Adopted Comprehensive Plan <br />Update by City Council and <br />approved by Metropolitan Council <br />CD <br />Secure funding to achieve land use <br />vision and goals <br />1/ 2013 <br />Ongoing <br />Can <br />accomplish if <br />new staff is <br />hired <br />None <br />Tim Gladhill <br />• Secured at least one Community <br />Development Block Grant (CDBG) <br />grant annually <br />• Secured at least one Livable <br />Communities Act (LCA) grant <br />annually <br />Appendix E <br />Scenario: A New Day (Working Document) <br />Strategic Imperative I: Financial Stability (Continued) <br />Ensure strategic economic development that complements the city's desired quality of life and builds a stable tax base, all while maintaining a low <br />tax levy. <br />Three - Year Strategic Action Plan <br />A NEW . s� MNNiN� <br />Page 2 of 13 <br />