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sola�avg/sao;eolpui awm;no AaN <br />• Updated, professional economic development <br />tool /fact sheets, updated /redeveloped ED <br />website <br />• Expansion of businesses at existing sites, new <br />business park expansions /relocations /start -ups <br />measured by: gained X jobs and $X investment <br />• Reduction of City owned parcels measured by X <br />acres sold against property inventory <br />• Work with preferred broker to successfully <br />market development opportunities <br />• Selected course of action <br />• Finalized development options <br />• Completing land use studies for 167/47, former <br />Municipal Center, and future Business Park in <br />2014 <br />• Land Use Plans to be implemented in <br />Comprehensive Plan Update in 2015. <br />• Properly zoned business park, infrastructure <br />support received /earmarked through State of <br />MN, secured first user <br />• An improved 167 commercial node based on <br />road map created by stakeholder /ownership <br />group <br />• Former municipal center prepped for new user <br />with marketing in place <br />• Adopted Comprehensive Plan Update by City <br />Council and approved by Metropolitan Council <br />• Secure at least one Community Development <br />Block Grant (CDBG) grant annually <br />• Secure at least one Livable Communities Act <br />(LCA) grant annually <br />Notes <br />Ongoing effort <br />Ongoing through 2015 <br />Start effort for new 2018 Comp <br />Ongoing <br />sn ;e ;s <br />Description <br />Launch marketing program, sell City property, and <br />continue Business Retention and Expansion efforts. <br />Approve exit strategy for COR <br />Determine appropriate land uses and development <br />opportunities for key properties. <br />Identify roadmap for future development <br />Secure funding to achieve land use vision and goals <br />Tactics <br />co <br />rn <br />06 <br />II <br />Strategic <br />Initiative <br />a,U <br />N O w <br />0 N 6 <br />a <br />c <br />m <br />a) <br />N <br />E <br />h <br />0 <br />0 <br />( oh - o m <br />N,___ . c71 <br />l a \ <br />111 a) <br />cn <br />as <br />as <br />a) <br />as <br />-' <br />u) <br />U <br />as <br />U <br />D <br />D <br />c <br />as <br />a) <br />L. <br />9- <br />9- <br />O <br />O >, <br />CC <br />tol <br />0 <br />Ln <br />LTA _c cn <br />cn <br />CIJ <br />ca <br />t E <br />a) <br />a) <br />C <br />te a) <br />L — • U_ <br />L <br />O <br />a) c <br />> O <br />+, U <br />U <br />Q O) <br />E a) <br />4 C X <br />fn W <br />Three - Year Strategic Action Plan <br />