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Exhibit 5 <br />Ellensburg Comprehensive Plan -2006 Update Inmended rhry2o1q <br />behind them in the site selection process. The <br />State offers a number of incentives but also <br />provides the ability for local government to <br />offer additional incentives, Kiltit&s County ks <br />It a distinct disadvantage because it lacks o <br />Port District In provide funding and <br />infrastructure. The City should consider <br />establishing incentives to retain existing and <br />attract new businesses that provide family <br />wage jobs. <br />EUrnsburgran simulate local economic <br />dvvetkipmenl successes by emulating the <br />strategies trszd in other communities. It tikes <br />work, but the following steps can help the <br />community improve its chances for <br />prosperity: <br />�!`•'`',' •Ile <br />Firure OJ - RvAevelorina Me downtown e.re a <br />rvice, entrnaisunent and maa dotirwaon may <br />help reviulize vaunt or undeimilized properues, <br />wahin she cenwal cls.. ciat zones. poo'Kr <br />annoy P. ewh-n4, mnidnmrl <br />• fvct�ortsimngWetinf; and <br />dwersffyfng ttm lixal vamomy and meeting demonstrated market demand; for <br />example, by encouraging additional retail business <br />• Pronurty WervAmiinnand exp�msinn <>tetistingbu>imsus <br />• EncouraV emd nurture new business davelopmen4nf olf sires <br />• Create econonuc incentives to reduce start-up costs and/or risks for businesses <br />that provide family -wage jolts <br />• Pre -permit property to reduce time for a business to he up and running <br />• Supporlimwvativvprorrarar'Maten•lopa hif•jtfy quMNI trtxx force <br />• Stimulate industrial development through public investment <br />• Create a permitting process that is predirtahleand efficient <br />Chapter 8 - Economic Development 179 <br />