1. 2005-2010 Economic Development Strategy 2007 City Council Update

2. Neal Andrews Bill Fulton Ed Summers City Council ED Committee “CHAIR”

3. High Value, High Wage Jobs Diversify Local Economy Increase Tax Base Continue Prosperity Objectives

4. A FOCUSED STRATEGY A five-year work program with accountability and tangible results ADOPTED APRIL 2005

5. WHAT?HOW?

6. Auto Center Upper North Ave. Focus Areas McGrath PropertyWestside DowntownThe Future

7. Enhance revenue and maintain parity. Create a regional retail destination. Auto Center

8. Auto Center: Status Report FY 2006-07FY 2007-08 Jaguar/Land Rover Bunnin GMC/Buick/Pontiac Banner Program Olivas Park Drive Extension Big Sign Employee Parking Retailers

9. Employee Parking Auto Center Olivas Park Drive Big Sign Camping World Toyota Expansion Retail

11. McGrath Property Site development Value added industry, mixed-use, etc.

12. McGrath Property: Status Report FY 2006-07FY 2007-08 Development Team Preliminary Planning Specific Plan/Guidelines Annexation Business Attraction

13. Westside Revitalization tools Development opportunities

14. Westside: Status Report FY 2006-07FY 2007-08 Westside ED Strategy Redevelopment? Community Plan

15. Brooks Institute expansion Employment village Upper North Avenue

16. Upper North Avenue: Status Report FY 2006-07FY 2007-08 Complete ED Strategy Private Charette Redevelopment? Community Plan Annexation

17. Village at Crooked Palm Brooks Expansion – 320,000 sf Village Center – Boutique Hotel, Theater, Commercial Santa Ventura Studio Hollywood West – 320 Condos, 80 single family homes USA Petroleum – 350 residential units

18. Downtown Economic vitality Vibrant 24/7 downtown

19. FY 2006-07FY 2007-08 Downtown Ventura Org. Retail/Office Strategy Wi-Fi Downtown: Status Report Parking Management Plan Facilitate Projects WAV B of A, 42 Chestnut Cultural Village Freeway Cap/Pierside Plaza

20. Prepare for the New Economy Continued Prosperity ‘The Future’

21. ‘The Future’: Status Report FY 2006-07FY 2007-08 Site Selector Website Job Investment Fund (JIF) Business Incubator High-Tech Cluster Development Job Investment Fund (JIF) Business Incubator Citywide Retail Pacific View Mall - North

22. Our sleeves are rolled: On to FY 2007 - 2008