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CITY OF SOUTH BEND <br />South Bend, Indiana 4G601 <br />�W <br />III. DEVELOPMENT STRATEGY: After assessing the economic and <br />financial feasibility of the phased re- industrialization <br />of the site and expressing this re- industrialization <br />in a master plan, the City would prepare and implement a <br />development and disposition strategy.. The development <br />and disposition strategy would focus on the establishment <br />of an organizational mechanism, program development, <br />financial plan and budget and an acquisition and disposition <br />strategy. <br />DEVELOPMENT STRATEGY <br />A. Organizational Mechanism <br />1. Review of Existing Economic Development Organizations <br />2. Review of Existing State Legislation Governing <br />Economic Development <br />3. Discussions with Corridor Property Owners, <br />Business Owners and Business Management <br />4. Discussions with General Industrial, Business <br />and Financial Community <br />5. Review of Literature on Organizational Alternatives <br />6. Matching Organizational Structure and Function <br />to Development Goals and Objectives <br />B. Program Development <br />1. Budget and Scheduling <br />2. Financial Assistance Packaging <br />(a) Public Loans (direct) <br />(b) Public Interest Subsidies <br />(c) Public Loans (companion loans) <br />(d) Other <br />3.. .Preparation of Grant Applications <br />(a) UDAG <br />(b) EDA <br />