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8.113. - Page 38 of 122 <br />N <br />ql:EAR 18-19 GOALS ORGANIZED BY <br />STR INITIATIVES- MID-YEAJUPDATa <br />ECONOMIC DEVELOPMENT <br />Develop and sustain a thriving local business environment that contributes to the community's economic <br />well-being and quality of life. <br />GOALS <br />UPDATE <br />Develop strategies to attract and retain high sales tax -generating <br />Staff is proactively reaching out to potential new businesses and working <br />businesses as well as small and locally -owned businesses (CMO) <br />to retain current business in the community. <br />Focus on attracting family friendly and entertainment oriented <br />Staff is contacting family entertainment businesses in the Bay Area region <br />businesses (CMO) <br />inviting them to locate in Redwood City. <br />Expand implementation of Partnership Redwood City community <br />Staff is evaluating ways to expand this program; this effort will continue <br />benefits program (CMO) <br />through FY 2019-20. <br />Implement cannabis related regulations (CMO) <br />The City Council adopted cannabis regulations in May 2018. Staff is <br />reviewing six business applications to operate within Redwood City and <br />expects to provide a decision to each business by this spring. <br />Coordinate the Retail Task Force and develop a future retail vision for <br />Staff presented task force recommendations at the January 28 City Council <br />Downtown (CMO) <br />meeting and will return to the City Council in May for consideration of a <br />retail action plan for the Downtown. <br />Explore the possibilities of auto mall digital signage on Hwy 101 <br />Staff is researching potential digital sign locations along Hwy 101 within <br />frontage (CMO) <br />the City limits and analyzing the City's sign ordinance. Staff will bring <br />forward recommendations in summer 2019. <br />STRATEGIC INITIATIVES AND GOALS 10 1 P a g e 264 <br />