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Village of Folsom, LA

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Economic Development<br />

Strategic Issue: Improve infrastructure to support and attract new businesses<br />

Issue: Economic development will be enhanced by comprehensively improving the local<br />

infrastructure.<br />

Policies and Actions<br />

Survey existing conditions<br />

and needs and improve<br />

local infrastructure,<br />

including streets, sidewalks,<br />

bikeways, and cross walks,<br />

as well as drainage, sewer,<br />

and water systems<br />

Coordinate with St.<br />

Tammany Parish and <strong>LA</strong><br />

Department <strong>of</strong><br />

Transportation on Highway<br />

25 expansion and<br />

improvements.<br />

Major<br />

Implementation<br />

Tools<br />

Coordination, Area<br />

Plans and Strategic<br />

Issue Plans. Capital<br />

Improvement<br />

Program, Budget<br />

Process and Funding<br />

Coordination<br />

Priority<br />

1-2-3<br />

Implementation Timing<br />

1-3<br />

Years<br />

3-5<br />

Years<br />

2 Ongoing<br />

1 x<br />

5-10<br />

Years<br />

Strategic Issue: Diversify the Local Economy<br />

Issue: Economic Development relies on a diverse economy, including local businesses and<br />

business that can export their goods and services to visitors and outside areas<br />

Policies and Actions<br />

Conduct an economic<br />

development study and<br />

marketing strategy to<br />

diversify the local economy<br />

and grow the traditional<br />

local industries<br />

Coordinate with Parish and<br />

State economic<br />

development agencies<br />

Support diverse local<br />

economy that capitalizes on<br />

<strong>Folsom</strong>’s historical<br />

horticultural and equine<br />

economies<br />

Major<br />

Implementation<br />

Tools<br />

Area Plans and<br />

Strategic Issue Plans<br />

Coordination<br />

Program<br />

Development and<br />

Implementation,<br />

Development<br />

Regulation and Tools<br />

Priority<br />

1-2-3<br />

Implementation Timing<br />

1-3<br />

Years<br />

1 x<br />

3-5<br />

Years<br />

2 Ongoing<br />

2 x<br />

5-10<br />

Years<br />

Develop Highway 25<br />

Corridor Urban Design Plan<br />

Update Comprehensive<br />

Zoning Ordinance to ensure<br />

that parking regulations<br />

provide ample parking for<br />

new commercial<br />

developments in the<br />

<strong>Village</strong>.<br />

Area Plans and<br />

Strategic Issues<br />

Area Plans and<br />

Strategic Issues<br />

1 x<br />

1 x<br />

Update Comprehensive<br />

Zoning Ordinance to ensure<br />

that adequate areas for<br />

growth and economic<br />

diversification are<br />

embedded in the plan.<br />

Coordinate with<br />

preservation and<br />

enhancement efforts for<br />

agricultural, horticultural,<br />

and equine resources.<br />

Area Plans and<br />

Strategic Issues<br />

Coordination<br />

1 x<br />

2 x<br />

Support and enhance local<br />

cultural activities, such as<br />

the local farmers market.<br />

Coordination,<br />

Program<br />

Development and<br />

Implementation<br />

2 x<br />

<strong>Village</strong> <strong>of</strong> <strong>Folsom</strong>, <strong>LA</strong><br />

Comprehensive Master Plan<br />

88

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