Business Retention and Development Committee Agenda and Packet 2010 10 04

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Policy ED-1.4: The City should focus on efforts that will encourage existing businesses to expand and develop in Louisville. Policy ED-1.5: The City should review requests for business assistance based upon criteria under the Business Assistance Program. Policy ED-1.6: The City should continue business retention visits as a means of reaching out to businesses in Louisville to specifically understand the needs of the business community. Principle ED-2. The City should direct growth in an economically responsible way, to maintain quality amenities and high service levels for residents. Policy ED-2.1: The City should strive to achieve complementary land uses that promote an economically healthy community. Policy ED-2.2: The City should work on a consistent basis to maintain and improve community assets such as the educational, housing, recreational, retail and cultural opportunities that encourage local businesses to remain and expand in Louisville. Principle ED-3. The City should be responsive to market opportunities as they occur, and maintain and enhance the City’s competitive position to attract development that adheres to the Community Vision. Policy ED-3.1: The City should actively compete for quality economic development opportunities. Policy ED-3.2: The City should consider strategic public investments to most effectively encourage, promote and recruit private investment that responds to the Community Vision and community needs. Policy ED-3.3: The City should establish a protocol for responding, from a single point of contact, to requests for real estate, economic and demographic information requests. Policy ED-3.4: The City should support Chamber of Commerce and the Downtown Business Association activities directed toward economic development both financially and through staff and support services. Policy ED-3.5: The City should fund and manage a successful range of economic development services to respond to business development inquiries about the community. Policy ED-3.6: The City should support redevelopment efforts that bring diversity and income generation to aging and distressed areas within Louisville.