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CR 93-28 Strategic Plan Economic Development """, ~ (''\ I ,.J..c'Il-",; I "I y I \ O! r. ~ I ~! .. -$- 'l> I ., February 23, 1993 0 P K I ~ council Report 93-28 STRATEGIC PLAN FOR ECONOMIC DEVELOPMENT Proposed Action. staff recommends adoption of the following motion: Move to approve Resolution No. 93-16 which adopts the Strateaic Plan for Economic Development as a II blueprint II to auide the Citvts economic develol;)ment efforts over the next 2 to 5 Years. Overview. The process of developing a strategic Plan for Economic Development began in the fall of 1991. This process involved the use of a strategic Planning Task Force which, over the course of several months, developed a draft plan. The Task Force also undertook a public review and input process. The city council accepted the strategic Plan in October of 1992, and undertook a process from November to January to review the Plan in detail and make modifications. The Plan has been modified to take into consideration the Council's input and is now ready for adoption. As noted above, the strategic Plan is being adopted as a "blueprint" ~._ for the establishm.ent of goals and development efforts over the next 2 . . to 5 years. Implementation of the Plan through the proposed action '. steps will occur over time. Various elements, such as changing circumstances, or budget and staff considerations, may cause adjustments or development of alternative goals, or specific action steps in pursuit .of the city's economic development initiatives. During the upcoming staff/Council Retreat, staff will be discussing with the city council a proposed work plan to undertake various aspects of. the strategic Plan, and other related matters pertaining to the implementation of the Plan. The City council has the following alternatives regarding this matter: o Approve staff recommendation o Approve staff's recommendation with modification o Do not approve staff's recommendation o continue matter for further information Documents. Development ~' . ~ng / . Development Director - J",,~ ,-"'-, , ,.-.. ~ - CITY OF HOPKINS Hennepin County, Minnesota RESOLUTION .No.93-16 A RESOLUTION ADOPTING THE STRATEGIC PLAN FOR ECONOMIC DEVELOPMENT FOR THE CITY OF HOPKINS. WHEREAS, the City Council of the city of Hopkins initiated the process of developing a Strategic Plan for Economic Development for the City of Hopkins in August of 1991; and WHEREAS, .the City Council desired to undertake a strategic planning process for the following reasons: ' o Provide a focus and direction for the City of Hopkins. o Provide an opportunity for the citizens of the community of Hopkins to help shape the city's economic development programs and policies. o Inform the public at large of the purpose and - direction of economic development in the City of Hopkins. o Establish a "proactive" approach to economic development, rather than "reactive". WHEREAS, a Strategic planning Task Force was formed to assist the city Council with the development of a Strategic Plan for Economic Development; and WHEREAS, the strategic planning Task Force developed a draft plan and undertook a'public input process and submitted the strategic Plan to. the City Council for its consideration in October of 1992; and WHEREAS, the city Council accepted the Strategic Plan for Economic Development on October 20, 1992; and WHEREAS, upon acceptance, the City council undertook the process of reviewing and modifying the strategic Plan as it deemed appropriate. NOW, THEREFORE BE IT RESOLVED by the city Council of the City of Hopkins that it hereby adopts the strategic Plan for Economic Development as a e "blueprint" to guide the city's economic development efforts over the next 2 to 5 years. \.'. ",l--:~\" .~ - BE IT FURTHER RESOLVED, that implementation of the Plan through the proposed action steps will occur over time. Various factors, such as the passage of time, change in circumstances, or budget and staff considerations, may and likely will cause adjustments to, or the development of new goals and action steps in pursuit of the city's economic development initiatives. Adopted this 2nd day of March, 1993. Nelson W. Berg, Mayor ATTEST: James A. Genellie, City Clerk ,It ~, , . --,.-- ............ - _..-~