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09-20-06
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2006
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09-20-06
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In areas with weak or declining economies, the opposite occurs. Local <br /> governments struggle to fund essential programs, with budgets under <br /> growing pressure to assist the impoverished. Residents have uncertain <br /> futures, filled with personal anxieties, with limited employment opportunities, <br /> stuck in subsistence level jobs. Businesses employ part-time workers and are <br /> unwilling to risk significant capital because of an uncertain future. The best <br /> and brightest young men and women must move from the area to seek <br /> quality employment, which is not available in their hometown. <br /> Nationally, there are more than 6,000 economic development organizations, <br /> Chambers of Commerce, and local, regional, and state government offices <br /> working in some fashion to improve the economy of their respective areas. <br /> Never in history has there been such an effort. <br /> Some organizations have large budgets, better community cooperation, and <br /> a stronger commitment from local government than others. These areas <br /> have the best chance to either maintain or improve the economic quality of <br /> life and standard of living of their citizens. Some areas, however, provide <br /> little or no attention to economic development programs. They do not fully <br /> understand the need to have a constant, aggressive economic development <br /> program just to maintain the existing condition. In these areas, typically, the <br /> local economy is on decline. <br /> Even though local community leaders cannot control the actions or policies of <br /> the federal or state government, they indeed can establish policies and <br /> create local programs, which assist and foster economic growth. The <br /> premise, therefore, of this economic development strategy for Arden Hills is <br /> that an active participation in fostering the economic strength of the local <br /> economy is an essential action by the local unit of government and a <br /> responsible action thereof. <br /> Strategic Plan for Economic Development Page 4 of 23 <br /> p 9 <br /> Draft—Subject to Approval and Adoption <br />
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