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Key Outcome Indicators/metrics <br />• Updated, professional economic development too (fact sheets, <br />updated/redeveloped ED website <br />• Expansion of businesses at existing sites, new business park <br />expansions/relocationslstart-ups measured by: gained X jobs and $X investment <br />• Reduction of City owned parcels measured by X acres sold against property <br />inventory <br />• Work with preferred broker to successfully market development opportunities <br />• Selected course of action and listed properties with a professional real estate <br />broker. <br />• Finalized development options <br />• Completing land use studies for 167/47, former Municipal Center, and future <br />Business Park in 2014 <br />• Land Use Plans to be implemented in Comprehensive Plan Update in 2015. <br />• Properly zoned business park, infrastructure support received/earmarked through <br />State of MN, secured first user <br />• An improved 167"" commercial node based on road map created by <br />stakeholder/ownership group <br />• Former municipal center prepped for new user with marketing in place <br />• Adopted Comprehensive Plan Update by City Council and approved by <br />Metropolitan Council <br />• Secure at least one Community Development Block Grant (CDBG) grant annually <br />• Secure at least one Livable Communities Act (LCA) grant annually <br />• Grant Awards 2013- 14: <br />Center Street Construction $650,000 & Riverdale Drive Construction $750,000 <br />Armstrong Interchange Construction $20,000,000 Grant plus State bonding and CTIB <br />Contributions <br />Mississippi Skyway Planning $100,000 <br />Mississippi Skyway Construction $490,000 <br />Mississippi River Trail $440,000 (Anoka/Ramsey) and Armstrong Blvd. Trail Construction <br />$100,000 <br />Electric Vehicle Charging Station $10,000 <br />Elm Crest Park Building ARRA Contribution $40,000 <br />N <br />N <br />2 <br />o <br />o <br />o <br />0 <br />a+ <br />00) <br />or) <br />0 <br />O <br />w <br />a) <br />0) <br />oc <br />Started effort for 1 <br />new 2018 <br />Comprehensive <br />Plan <br />0 <br />a� <br />n <br />Description <br />Launch marketing program, sell City <br />property, and continue Business <br />Retention and Expansion efforts. <br />Approve exit strategy for COR <br />Determine appropriate land uses and <br />development opportunities for key <br />properties. <br />Identify roadmap for future <br />development <br />Secure funding to achieve land use <br />vision and goals <br />6 <br />coF <br />n <br />co <br />rn <br />0 <br />•--- <br />Strategic <br />Initiative <br />v <br />0 <br />c <br />ea <br />N <br />h a <br />Three - Year Strategic Action Plan <br />4- <br />0 <br />N <br />0 <br />iJ) <br />03 <br />d <br />