Council Policy Housekeeping - City of Richmond

Reason for proposed rescission:
Outdated, new Council strategy in place
II City of Richmond
Policy Manual
Paae 1 of 1 Adopted bv Council: Mav 26/86 I POLICY 5'030 (,'?, ,:
ECONOMIC DEVELOPMENT STRATEGY ':2:-f, I., ~, .; ·'.r'~:':r: ii',: j~_ ".
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File Ref: 4150-00
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POLICY 5030:
Council adopts the Economic Deveiopment Strategy (The Coriolis Consulting Corp.) as a
Council Policy stC!tement and commits it to implementation. In so doing, Council will ensure that
the appropriate Corporate policies and prog rams reflect the attitudes and ac~ions proposed by
the strategy . .
The main objectives of Richmond's Economic Development Strategy are to:
1. Maintain Richmond's economi.c diversity by:
a) encouraging development in .those sectors with growth prospects;
b) bolstering those sectors which are ~ta b le or face some risk of decline.
2. Attem pt to maintain Richmond's shares of regional light industrial,' retail/servic13 and
residential growth by:
a) ensuring that there are adequate supplies of land for a wide range of types of
development;
b) ensuring adequate accessibility and services, within the financial capability of the
City.
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3. Maximize the efficiency and reasonableness of the lan d use and development regulatory
procedure.
4. Establish an effective Economic Development organization responsible for promotion,
information services and encouragingl aiding prospective development opportunities.
5. Enhance Richmond's profile and image as a place to develop, to visit and to live.
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(Economic Development)
113731
CNCL - 218