Goal 1:   Re-establish and begin regular meetings of the Economic Development Advisory Committee. 
      
A. Interview and make appointments; specify meeting frequency to be at least monthly.

Goal 2:   Develop a marketing plan for the Downtown & CR 101 corridor in “Old Shakopee”.  
A. EDAC to define specific geographic area to be Included in Downtown/CR 101 marketing plan.

B. EDAC to complete inventory of land use or zoning changes, infrastructure improvements, or other items affecting marketability of Downtown/CR 101 area.

C. City Council to consider the recommendations of EDAC for the Downtown/CR 101 marketing plan.

Goal 3:   Develop and Adopt a Plan for the Future of New and Existing Retail Centers within the City.

A. EDAC to identify specific existing or planned retail centers in the City, and define anticipated character and mix of uses will be.

B. EDAC to develop recommendations regarding possible land use or zoning changes, and possible infrastructure investment plans needed to support retail uses in the identified areas.

C. Council to act on EDAC recommendations regarding retail centers.

Goal 4:  Develop and Adopt a Plan for the Further Development of Industrial and Business Park areas in the City. (Valley Green/Dean Lakes/West End (CR 69/US 169/TH 41)

A. Review alternative gap financing tools and formulate  recommendations upon which the City of Shakopee  Finance Dir. should focus for development and use.

B. Council action on gap financing recommendations.

C. Develop recommendations for the CR 69/US 169Interchange study area

D.  Council action on EDAC recommendations for the69/169 study area 

Goal 5:   Establish Job/Business Retention Program 
   
A. EDAC to review with participation by the Chamber of Commerce, Downtown Partnership and others for possible design and implementation of a Business Retention/Expansion program.

B. Council to review and take action of BRE recommendations  

Goal 6:   Ensure Tax Base Preservation

A. Review Economic Development assistance standards to ensure that new C/I development adds to tax base, in addition to provide for job creation.

B. Work to minimize impacts of foreclosures on residential properties (i.e, continue inspection programs; notify owners of maintenance deficiencies.)