HomeMy WebLinkAbout3a. Strategic Plan memoCity of Lakeville
Memorandum
To:Economic Development Commission
From:Tina Goodroad, Community Development Director
Copy:Kati Bachmayer, Economic Development Manager
Justin Miller, City Administrator
Date:December 3, 2024
Subject:Strategic Plan for Economic Development- Final Report
The EDC reviewed the final Strategic Plan for Economic Development on August 27th. We
reviewed the goals, strategies and action items and the plan was accepted by the EDC.
At the September work session, staff presented the plan to the City Council. During that
meeting the council requested that the timelines be more intentional and realistic. Staff
revised language on page 17 to explain the timelines and adjusted the timelines for each
applicable action item.
The City Council also requested the language in Goal 1 related to the HRA and EDA levy be
revised to be more exploratory. Therefore, staff updated wording of any action items on page
18 to fulfill this request.
Staff is sharing these edits to the EDC before presenting the final plan to the council.