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Department of Metropolitan Development Community Economic Division BID PACKET For Sale of Real Estate Includes: Notice of Sale of Real Estate Offering Sheet Instructions to Bidders Bidder s Qualifications

How to fill out community economic division

How to fill out community economic division:

1. Start by gathering all relevant financial information about your community, including income and revenue sources, expenditures, and any existing economic development initiatives.
2. Identify key stakeholders and community members who should be involved in the process, such as government officials, local businesses, and community organizations.
3. Create a comprehensive survey or questionnaire to collect data and feedback from the community regarding their economic needs, challenges, and priorities.
4. Analyze the collected data and identify common themes or areas of interest that can help guide the development of the community's economic division.
5. Develop a clear and concise mission statement for the community economic division, outlining its goals and objectives.
6. Determine the structure and organization of the economic division, including the roles and responsibilities of key personnel and any necessary budget allocations.
7. Create an action plan that outlines specific strategies and initiatives the economic division will undertake to address the community's economic needs and promote economic growth.
8. Implement the action plan, monitoring progress and making adjustments as necessary.
9. Continuously evaluate the effectiveness of the economic division's initiatives and seek feedback from stakeholders and community members to ensure ongoing improvement.
10. Foster collaboration and partnership with external organizations and agencies to leverage additional resources and expertise for the community's economic development efforts.

Who needs community economic division:

1. Local government bodies and officials responsible for economic development and growth in the community.
2. Business owners and entrepreneurs seeking support and guidance in expanding or establishing their businesses in the community.
3. Community organizations and non-profit entities focused on improving the economic well-being of the community.
4. Residents of the community who are interested in job creation, increased investment opportunities, and a thriving local economy.
5. Regional and national economic development agencies that collaborate with local communities to promote economic growth and stability.

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