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1 <br /> Economic Development continued <br /> Ensure that the city's infrastructure is Support professional and other <br /> favorable to economic development. networking opportunities. <br /> The city's infrastructure should be regularly assessed to ensure The committee recommends that the city encourage Economic <br /> that it can keep pace with,and continue to encourage,future Alliance Snohomish County and other organizations,such as the <br /> growth and economic development.The committee endorses National Urban League and Loren Miller Association,to more <br /> Everett's most recent Comprehensive Plan,noting that the city widely advertise the networking opportunities they provide for <br /> has anticipated upcoming growth and is on track to responsibly new professionals and entrepreneurs.Especially as Everett is <br /> manage that growth. successful in attracting new small businesses to the city,stronger <br /> networks of younger people will create a greater sense of <br /> Several recommendations were included in Vision 2025 that cohesion and excitement about a new Everett vitality. Likewise, <br /> remain important today.These initiatives should continue to be as employers broaden the cultural diversity of their workforces, <br /> monitored and adjusted as needed: the city should work with these partners to ensure the recruitment <br /> IMPACT FEES: Review impact fees to ensure that they are adequate of disadvantaged populations and partnerships with minority <br /> to cover the needs of the city. professional organizations. <br /> PEDESTRIAN NEEDS:Continually look for ways to improve sidewalks Five-Year Success Measure:By 2023 there is a cohesive network of <br /> and other pedestrian needs in typically underserved areas of the younger professionals and business owners who represent the <br /> city.Systematically identify areas with safety issues and address future of economic development in Everett. <br /> those issues with sidewalks,stop signs and streetlights. <br /> GREEN SPACE:Look for opportunities to increase open and green Institute an Anchor Institution Program <br /> spaces wherever possible. to serve as a linchpin for economic and <br /> Five-Year Success Measure:By 2023,the city is clearly on track community development. <br /> to build infrastructure in tandem with existing and anticipated <br /> growth.Construction of this infrastructure is being carried out in Economic development should not come at the cost of social <br /> a thoughtful and comprehensive manner.All areas of the city are Justice,The EnvisionEverett 2037 Committee aims for a new <br /> model of a more holistic prosperity.This model seeks to ensure <br /> being served equally. that strong and thriving corporate cultures care about,and <br /> contribute to,the greater needs of the community as a whole. <br /> While businesses pay taxes that ultimately fund the provision of <br /> Ensure that city staffing and other municipal services to benefit all residents,the committee hopes for <br /> contributions that go beyond tax payments;a larger commitment <br /> resources are adequate to attain toward community responsibility and inclusiveness that extends <br /> maximum levels of economic growth. outward to the entire Everett community. <br /> Given the high priority that the EnvisionEverett Committee has One mechanism to achieve this holistic prosperity is an"Anchor <br /> placed on economic development,it may be the case that the city Institution Program,"which has been successful in cities such as <br /> needs additional staff support to carry out the actions that have Baltimore.Under such a program,major employers,educational <br /> been identified.The committee recommends that the city analyze and health care institutions,and community organizations work <br /> existing staff levels and determine whether they are sufficient together to leverage money and time toward the betterment of <br /> to sustain high levels of economic growth and vitality.The city the community.In Everett,as elsewhere,an Anchor Institution <br /> should regularly review its partnerships with other economic Program could be established to respond to the needs of various <br /> development organizations to ensure that all involved are working geographical areas of the city. <br /> in a synchronized,high-performance manner. <br /> These anchor institutions,because of their stature as centers of <br /> Five-Year Success Measure:By 2023,the city has thoroughly learning,research,and employment,as well as the permanent <br /> analyzed staffing needs in relation to economic development nature of their physical locations and investments,can greatly <br /> Where appropriate and necessary,new staffing capacity has been influence the socio-economic environment of the communities <br /> added to the Office of Economic Development.The city has also around them.They can address joint challenges in public safety, <br /> strengthened partnerships with other organizations for maximum economic development,social services,quality of life,community <br /> economic success. development and local hiring initiatives.Everett is lucky to be <br /> home to numerous innovative Anchor Institutions,and this kind of <br /> program would help to bring those resources together toward the <br /> betterment of the entire community. <br /> 10 <br /> 11 <br />