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?00 7 <br /> ECONOMIC DEVELOPMENT COMMITTEE <br /> GOALS <br /> 1. Discuss the pros and cons of an EDA versus an EDC <br /> 2. Future Business Park Expansion <br /> 3. Future Vision for Pequot Lakes—Where are we now and where do we want to be <br /> in the future?Develop Strategies to move toward the future vision. <br /> • Downtown Plan <br /> • Destination Location <br /> • Identify Market Trends <br /> • Identify existing businesses <br /> • Identify business types that are lacking in the City <br /> • Involve other agencies <br /> 4. Work toward streamlining the process for developers and perspective businesses <br /> that want to locate in Pequot Lakes <br /> • Define Economic Development Tools <br /> • Develop a revolving loan fund <br /> • Have one initial contact that would be a welcoming agent and would help <br /> guide the developer through the process <br /> • Consider Having a City Planner on staff <br />