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ECONOMIC DEVELOPMENT <br /> WHAT <br /> • Need to get development here <br /> • Market vacant land <br /> WHY <br /> • Tax base <br /> • Job opportunities <br /> • Self- sufficient city <br /> • Service to community <br /> CONSEQUENCES <br /> • High taxes <br /> - Limited base <br /> • Relocate closer to work <br /> • Maintenance of property <br /> - Decreasing values <br /> • Take whatever comes in <br /> - Quality issue <br /> • Seize the opportunity <br /> - Timing <br /> 15 <br />