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modest taxes. The availability of watar an~ sewer also reinforces the <br />ability to ~. <br /> <br />Industrial Development Assets and Liabilities <br /> <br />This analysis focuses on the econcz~c potantial for the industrial cc~ponent <br />fcr the d4~trict. An effective o~m~nity plannir~ process begins with the <br />preparation of a balanoe sheet, that is, an asses~t of assets and <br />liabilities in the c~,m~nity and its regional setting. The economic <br />analysis is an integrated part of the oval plannir~ process. Some of the <br />findings and rec~m~_~9~_~tions reported here overlap with other sections of <br />the report due to the interrelationships of land use, transpo~tion ar~ <br />economics. <br /> <br />The process involves a balance of o~ummnity assessment ar~ technical <br />analysis. Land mesour~es are r~m~mnably easy to identify. People and <br />leadership resources, the foundation of a successful c~..,~lnity, are more <br />difficult to identify. ~e ~Dm~y utilized a broad cross section of a <br />representative task force and r~lied heavily on their interaction with their <br />respective consti~ies. City oouncil members also participate_. <br /> <br />The TH 10 corridor study becj~n by identification and prioritizati°n of <br />issues facing the city and the study area. ~hat assessment ~r~-ted data <br />collection, analysis and plan preparation. The leadin~ issues wer~ not <br />'~hat" but '~ow~' kinds of conoerns. Task foroe msmbers ranked consolidated <br />city c~0ncil-planning c~,.~sion ~4~ection ~d g~ve~'~,~nt consistency as key <br />issues. ~%at, in fact, is the driving force for setting down a plan which <br />everyone can debate and adopt for future direction. <br /> <br />In a recen~ natic~ml developer survey which four~ Minneapolis and St. Paul <br />among the top ten metropolitan areas for desire-able ~c inv~t, a <br />number of traditional factors were ci~, such as labor foroe, markets, <br />capi~! availability and t_~nspo~tion. However, ~ne key factor ranked <br />high was community political st~bi!ity, characteristics of which are <br />continLLi~y and p.~ticT~i!iry.. Investors like stability. A ~:~ty p!~n <br />and st~_ble political leader~i.p p.-~vida suc~h sec~ri~y. · <br /> <br />Foii~_-~ r_he '9%o~~' is~aes w~re t_he cc~oe_~ns for v~ <br />~~. A ~ of =~~ ~ ~~i~. ~~, ~!v~ <br />~ ~j~ve ~ ~ ~!~. A~jor a~~ of <br />~i!ity to utilize higk!y .access~.!e prop~y ..wi~h .~n~! <br />L~~n~ for ~, ~i~i~ ~ ~~. ~ ~. ', ~ ~ive !~ <br /> <br /> <br />