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City of Centerville 2024-25 <br />STRATEGIC PLAN <br /> <br />STRATEGIC GOAL I ECONOMIC DEVELOPMENT <br />Develop strategies, programs, initiatives, and activities to improve the economic wellbeing of the City of <br />Centerville, business relationships and the quality of life for Centerville residents. <br />tƩźƚƩźƷǤ Њ Α wĻǝźĻǞ CǒƓķğƒĻƓƷğƌ 9ƌĻƒĻƓƷƭ ƚŅ Ʒŷe Comprehensive Land Use Plan which guide the longterm <br />vision for development and redevelopment. <br />1.Work with consultants to put together a projection (visual and written) of future diverse housing development <br />options at various city population levels based on density; include in analysis: <br />Develop community engagement strategy for review of Downtown Master Plan and Comprehensive <br />Plan <br />Prepare and adopt revised Downtown Master Plan and Comprehensive Plan <br />Pros and cons of population reaching 5,000 for businesses, city finances, and infrastructure (Public <br />Works, Public Safety, Legal Services, Engineering, water tower, well and sewer etc.) and include city <br />staffing needed for expanded services. <br /> <br />2.Develop a matrix of Centerville property that is available for development and redevelopment for the purpose <br />of gaining City Council direction on negotiation parameters for each property. <br />Complete the sale and development of the land owned by the City of Centerville at 1737 Main Street. <br />Complete redevelopment of vacant land owned by the City of Centerville (Block 7) by closing on the sale <br />and completing townhome development project. <br />Draft developer incentive guidelines (TIF, Fees, Abatement, etc.) and educate commissions and city <br />council and the public. <br /> <br />tƩźƚƩźƷǤ Ћ Α 5ĻǝĻƌƚƦ ğ ƷƚƚƌƉźƷ ƚŅ Ĭǒƭiness initiatives to recruit, retain and strengthen community businesses. <br />1.Develop business recruitment plans. <br />Proactively identify businesses needed in town (pharmacy, grocery, library, clinic, hotel, etc.) and market <br />available land to these businesses. <br />Promote nearby businesses (like Running Aces), to draw new businesses to Centerville. <br />Promote available sites at real estate summits and other premier marketing events. <br />Assist with site readiness needs (Phase I, soil borings, survey, etc.) <br /> <br />2.Develop business retention plans. <br />Conduct persontoperson business retention visits using a structured process that includes a regular, <br />rotating schedule to ensure all businesses are included. (Goal = 20 visits per year) <br />Conduct exit interviews when businesses leave town to document why they are leaving. <br />Page 1 of 4 <br /> <br /> <br />