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82 <br /> February 29,1984 <br /> ESI <br /> Economic development <br /> aaand its eo a broadest sena will will <br /> stimulate and new and <br /> ty <br /> Better fact over,maintenaanceo activity yds <br /> the r entvontof existing�businessea d jobsawill establish x <br /> curring needs for upgrade and expansion. <br /> He said the Cita of Everett does not intend to address the Lpproblems <br /> of the lona;only in partnership with private a <br /> representatives and organizations can the City deal withthe <br /> rejuvenation f the business climate animage. <br /> The EverettVenture's group,a mix f downtown p9299911 owners <br /> he and <br /> merchants,Porttand City officials,have joined a sCity'e <br /> address zdowntown side redeaelop��Poasibvsi[ves. <br /> urging <br /> [linked central city redevelopment commercial,cultural, <br /> enterClosely <br /> anrecreation opportunities n beth the Everett barber <br /> front and rvverf11ont.e <br /> A pCocroposed public development corporation(PDC)chartered by Ci[[interests <br /> Civ and comprised eof public officials and local private ante <br /> l''Ie <br /> .$ would providethe community with a w development tool 1 embracing <br /> 1 both public and private developmentcapabilities. then presented <br /> the following graph to the Council: <br /> t 1Port Relatieidps <br /> Sdmis (Practitioners( <br /> CF➢cf mbe of Cam. <br /> rport <br /> 4949 Labor <br /> 1 3f11APp ,,ire <br /> Investors Industrial lbmianatm'al Hatt Dec. _ <br /> ofd It 99489991191 Riverside 'l <br /> D_'i vel 1...ial <br /> MC <br /> l Recreation Gateways <br /> Pe a <br /> (by contra.) p- <br /> Cai:za: Plans (Partnership/ <br /> Foundation 119 pen. Pub.Dm.auN <br /> Icontra.) <br /> (Par.. i11Analysis <br /> (byDmmham <br /> orcU <br /> Everett <br /> Ma... <br /> Ventures <br /> McClain then said there were 5 t showing economic development <br /> priorities. t 1 was industrial development a trade; t 2, <br /> tourism a Tract rad development; tract 3,redevelopmenntt,rtract <br /> rac e4,each <br /> versification,an t 5,waterfront development. <br /> of these tracts with the Council,explaining them. <br /> askedthe Council t adopt the ax solution before them adopting <br /> He then <br /> 199884 economicdevelopmentprioritieseanestablishing a work progzm <br /> with otherpublicand p development interests. <br /> ReaoluLionoRo. 39oilman5%followso seconded by Councilman Pope,to adopt <br /> ae <br /> e <br /> DTIOR adopting 1984economic <br /> velopment priorities and <br /> establishing <br /> work program with other public d <br /> private development interesi5. <br />