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, . , <br /> „ „ - <br /> . , , <br /> . <br /> . , <br /> �+,. , nl'..�.��n.l m-..Lntr <br /> CIAIAAI!^IA1 �AI('CAtTI\/CC D�, ��nrfnrl"��_ <br /> . � i / � <br /> ���+e� <br /> « „*tio „ti�,a., <br /> . , , � , , , ... <br /> POLICIES <br /> The following policies are proposed to guide future economic growth and development in Pequot Lakes: <br /> Strive to maintain long-term stability in the City's rate of taxation. Business growth and creation in Pequot is going <br /> to depend on the City's long-term competitiveness. It is enticing to spend money today to induce near-term growth. <br /> However, when that growth does not create long-term revenues to handle ongoing maintenance expenses, the <br /> subsequent rising tax rate hurts business. Pequot Lakes must take a long-term look at its tax and expense structure <br /> and ensure businesses a solid and stable investment environment. <br /> Maintain the downtown area as the center for economic activity in Pequot Lakes.As many cities struggle to keep <br /> their downtown areas strong and vital, Pequot Lakes has an advantage in that its downtown already has a healthy <br /> mix of retail and professional businesses clustered together.The City must keep the agglomeration of its businesses <br /> and seek to infill and redevelop commercial properties as they become available. The City also needs to work to <br /> systematically reconnect and rehabilitate the neighborhoods surrounding the core downtown so as to further <br /> strengthen the businesses there. <br /> 16 <br />