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• Economic development is one of the City's Seven Strategic Initiatives. <br />— Strong synergy with the Council's three priorities—housing, <br />children and youth, and transportation. <br />• The Economic Development Work Plan is a roadmap for the <br />formulation and implement at ion of programs and initiatives that: <br />— Create economic sustainability and improve the quality of life for <br />the City and its residents; <br />— Incorporate fundamental principles and best practices of economic <br />development; and <br />— Address the City's economic strengths, weaknesses, challenges and <br />opportunities <br />Redwood <br />