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City Manager's 2008-2012 Seven Goals, Economic Growth & Development for the City of Texarkana, Arkansas

  1. Foster a mutual relationship with developers, specifically targeting retail sales Businesses to promote economic growth in Texarkana, Arkansas
    • Develop mapping tools for on-line viewing to reflect the growth corridor of Texarkana, Arkansas, which identifies all available tracks of land, property owners, and
    • Target businesses and aggressively attempt to locate them inside Crossroads Business Park. This means team visits to their Corporate Headquarters.
    • Leverage Advertising and Promotion resources, so that the return on investment pays a yearly dividend to the Citizens of Texarkana, Arkansas.
  2. Develop and sustain economic growth and development capabilities in Texarkana, Arkansas
    • Always be proactive about economic growth and development, seeking business that adds value to the community.
    • The City Manager's office will ensure that one employee devotes his or her time around the clock to economic growth and development issues.
    • Ensure that the retail developer's have a full understanding of the tax advantages of relocating a business to Texarkana, Arkansas.
    • Promote an Economic Marketing Strategy using all forms of media, especially magazines and articles, that helps to recruit new businesses.
    • Promote building and code enforcement standards that enhances growth, public safety, and protection of investment.
  3. Provide persistent situation awareness of economic development opportunities
    • Conduct a SWOT Analyses (Strengths, Weaknesses, Opportunities, Threats) on doing business in Texarkana, Arkansas.
    • Develop recruitment tools to promote the advantages of doing business in Texarkana, Arkansas.
    • Seek legislative amendment to the Act 9 Bond law for Business growth involving retail sales, similar to 4B sales tax law in Texas.
  4. Develop, organize, and train the organization to anticipate economic growth and development opportunities
    • An Economic Growth and Development Team will be formed to include the City Manager, Assistant for Economic Growth, Water & Sewer Executive Director and Mayor.
    • Develop policies related to funding Streets, Roads, and Utilities for economic growth.
    • Policy considerations will be explored in order to make the new business location experience friendly and efficient.
    • If one Public/Private business opportunity does not materialize, then seize the moment to cultivate five other opportunities.
    • Consider development of a partnership arrangement with the Four States Fair on a public/private venture.
  5. Promote economic growth opportunities that improves the quality of life for our citizens
    • Promote retail excellence through surrounding leisure activities involving trails, parks, water theme park, I-Max Theater, and other diverse event activities.
  6. Implement open and transparent economic business practices that keeps the Board of Directors fully informed
    • Board Members should be kept fully informed on all economic growth activities.
    • Board Members should advised of the required economic development financing tools required to succeed.
  7. Foster and develop smart operations across the city to reflect a visible commitment of staff in sustaining future economic growth for Texarkana, Arkansas
    • Efficient processes are critical for us to capitalize on economic growth and development.
    • Smart operations for the City will streamline administrative processes that make the entire building, development, and permitting more flexible and responsive to the developer and builder without harming the public.
    • Smart operations means business competitiveness through the avoidance of red tape.