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<br />Economic Development Plan for Arden Hills <br /> <br />The EDC represents the interests of Arden Hills' residents, but with special <br />emphasis on the corporate residents that share and contribute to our <br />community resources. <br /> <br />The EDC members gather and consider business community input and <br />recommend to the City Council actions that support those interests; monitors <br />business activity; and collaborates with other city committees and <br />commissions to ensure a positive environment for economic development. <br /> <br />Finding itself at a crossroad for growth, the City of Arden Hills engaged the <br />services of DeSCo in the summer of 2006 to create a strategic plan for the <br />City. This plan of action was developed from an interactive process <br />involving substantial community input. using DeSCo's proprietary <br />methodology develop and experience of creating strategic plans for <br />communities throughout the United States. The final stage of our <br />engagement resulted in the development of this strategic plan. <br /> <br />The plan is segmented to address the EDC Strategic Imperatives: <br /> <br />. Build an Organization that will Support Economic Development <br />. Attract and facilitate a Community that Fosters Investment <br />. Retain and grow The Existing Business Base in the City of Arden Hills, <br />while at the same time tolerate churning in new business start-ups and <br />existing businesses <br />. Develop and maintain strong relationships between City leaders and the <br />largest corporate, academic and non-profit residents, and <br />. Create an environment attractive to educated, creative or talented <br />individuals to provide a strong workforce for the City's businesses, with <br />emphasis on quality more than quantity. <br /> <br />Every economic development organization is pressed with deciding how <br />many of these five cornerstones their budget and staffing will allow them to <br />address. Once they determine which cornerstones they can approach they <br />are then faced with determining the relative emphasis to be placed on each <br />cornerstone. In the formulative stages of the organization, more work is <br /> <br />Strategic Plan for Economic Development Page 5 of 20 <br />\\Metro-inetus\ardenhills\Admin\Committees\Economic Development Commission\AH Strategic Plan - FinaI5-16-07.doc <br />