HomeMy WebLinkAboutAgenda Report - March 2, 1994 (20)JP
CIN OF L(3DI
COUNCIL COMMUNICATION
mum TI =: Approval of Goals and objectives fcr Bconossic Development -
1oDZTI110 DATE: March 2, 1994
PRMZPARZD BY: City Manager
RtCalY�liDED ACTION: That the City Council adopt the attached (Rxhibit A)
proposed 2conowic Development Goals and Objects.
sAm. ii r me ri In" M0ITION: The City Council directed staff during the December 15,
1993 Council sting to prepare goals and objectives
for the economic development program. The attached
proposal is a compilation of suggestions from Councilmembere, City staff and
the joint Chamber of Commerce Sconomic Development Task Force and reflects a
distinct interest an the part of many companies now in business in Lodi.
The goals and objectives will be used in promotional materials to market the
Lodi business environment to prospective new businesses. The goals and
objectives will also formally reaffirm the concept that the City of Lodi is
committed to being ■business -friendly and that the City is willing and ready
to assist existing businesses as well as new businesses in the coaw=ity.
Staff will continue to work on the details of how the objectives can be carried
out in such a manner as to reach the City's goals. The objectives should be
re-evaluated on a continuous basis so as to always have an up-to-date document
reflecting the changing economic times.
FUNDING: None
Respectfully submitted,
Jr e
Thomas A. Peterson
City Manager
Prepared by Janet S. Keeter
Economic Development Coordinator
TAP:br
Attachment
CCDM-024/TXTA.07A
APPROVED:
THOMAS A. PETERSON �scyn�e eaoN
City Manager 00
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• CITY Oi LODI•S ROONaQC
The City of Lodi is romitted to cultivatiag and
sustaining a 2witive business sawl, - snI sad iaags
conducive to ec000wic expansion and diversity in the
Lodi community.
The City of Lodi is committed to working with
businesses to improve the Quality of commercial and
industrial relations within the community.
OBJ3.RIV3S • CITY Of IAD1 • S SCOaOtQC DB;iisL,'�laM'P
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Cwzcrrn 81 - Recruit new businesses to Lodi which will be cos+patibloe with
and complimentary to the community
- lake Lodi competitive with surrounding comemnities as well as
throughout California and vying stags.
QBnCTM 02 Retain existing businesws located in Lodi
OBJECTIVE 113 Expand existing businesses located in Lodi
OBJECTIVE #4 Create an atmosphere beneficial to conducting business in the
Lodi community
OBJECTIVE 05 Provide and maintain a tax environment which is favorable to
business development and expansion
OBJECTIVE #6 Provide financial assistance to business ventures that will make
a significant contribution to the City of Lodi's economy by
increasing or retaining jobs and/or by adding capital investment
OBJECTIVE #7 Coordinate Downtown Revitalization Project
OBJECTIVE #8 Coordinate Cherokee Lane Improvement Project
OBJECTIVE #9 Marketing Lodi as a tourist and business location