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HomeMy WebLinkAbout12 16 2013 EDA Report 7B Attach 2CITY THE SEVEN STRATEGIC ELEMENTS The following seven Strategic Elements make the Vision possible. Each includes an introductory statement defining the Element followed by the goals to be pursued relative to the Strategic Element. The goals reflect the community's leadership priorities and provide direction for the City and other entities toward implementing the Vision. The goals within each Strategic Element have been prioritized with respect to its impact in accomplishing the Vision. While all of the Strategic Elements are important,. the City Council identified the top three Elements as Economic and Community Development, Strong Financial Management and Natural Resources. Resources will be focused on these Strategic Elements. Included with each Strategic Element is an illustration showing part of an Implications Wheelo which helped define the goals of that Element. The Wheels were used in exploring the implications and impacts of various positive or negative characteristics or actions that may or may not take place. STRATEGIC ELEMENTS Economic & Community Development Strong Financial Management Natural Resources Community Assets Safe and Healthy Community Transportation Communication Economic and Community n t More natural areas are converted info housing zn .< ,,, r,r,,. 21 .1 More streets and tililie are needed 1 additil . suPPoR ona population ill p +319 The Prior Lake Economic Development Authority's primary responsibility is to provide shops and services to residents, provide employment opportunities for �itl residents and to ensure a strong diversified tax base. Prior Lake encourages 7 high quality residential and business development. . ntiai ws at prevlous levels – 1 I(- e4uu+ loAh f p13 / GOAL: Develop a plan to / ` Y za provide a community -wide Add use` Increased fiber o tic network b sha_ Saxislino demand for – p y �communlcation additional Dec. 31, 20'12. systarn capacity schools ` -416 +319 GOAL: Prepare and evaluate r ' plans with private parties to establish a technology village /incubator by Dec. 31, 2012. GOAL: Develop plans for a data center with fiber optic access by June 30, 2012. GOAL: Develop a redevelopment plan, including priorities, timelines and incentives for the downtown area and for under- utilized commercial properties in the City by Sept. 30, 2012. GOAL: Review the existing City Code and Zoning Ordinance provisions to assess their impact on achieving 6 1 r 0 economic development objectives. Recommend modification of those which are inconsistent with City objectives by June 30, 2012. Repeat every five years. U m I11AnLSat Page 6