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1993-016 o 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, WHEREAS, o WHEREAS, WHEREAS, 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 the City council desired to undertake a strategic planning process for the following reasons: o Provide a focus and direction for the city of k' ) Hop ~ns. I 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". a strategic Planning Task Force was formed to assist the City Council with the development of a strategic Plan for Economic Development; and 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 the City Council accepted the Strategic Plan for Economic Development on October 20, 1992; and 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 "blueprint" to guide the City's economic development efforts over the next 2 to 5 years. WHEREAS, o o o o 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. ATTEST: