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2012 Key Initiatives <br />? Business Retention and Expansion <br />o Continue to partner with our existing businesses to foster investment and job growth in <br />North Olmsted <br />? Business Attraction <br />o Continue to advance development of vacant and underperforming commercial <br />properties by targeting key industries: <br />¦ Retail <br />¦ Business & Financial Services <br />¦ Healthcare <br />• Higher Education <br />? Manage Business Development Projects Resulting from BREA Work <br />o For those companies that have an interest in expanding or locating in the City, <br />coordinate the efforts of the City and support the delivery of assistance from the State, <br />County, and other agencies as necessary. <br />? Special Project Funding <br />o Utilize Tax Increment Financing (TIF) to fund public infrastructure improvements and <br />leverage private investment in core retail area <br />o Leverage new economic development programs at Cuyahoga County and JobsOhio to <br />support business retention and attraction in North Olmsted <br />6151 Wilson Mills Road * Suite 220 * Cleveland, OH 44143* 440•22o.699o Page 2