Legacy MLC Business Plan LegacyMLC_Business_Plan_040119 | Page 4

MANDATE Scope of Service Legacy Municipal Land Corporation (Legacy MLC) will use community wealth-building strategies to develop place-based assets that may otherwise experience prohibitive barriers to locating in the region. Legacy MLC will use a wide range of innovative entrepreneurial approaches to commercial and residential real estate development, property management and infrastructure advancement, to achieve outcomes beneficial to the needs and desires of residents and partners within a given community. Although the single-minded focus of Legacy MLC will be to undertake projects to allow the County to overcome some of the roadblocks and barriers to the development of new services in its communities, the scope of potential projects will be very broad. Ultimately, projects may be identified as financially practical that include daycare facilities; seniors and low-income housing; commercial/industrial land development; recreation and community facilities; or internet and telecommunications projects. The possibilities for advancement within our communities will only be limited by the limits of entrepreneurial innovation. Service Delivery Area Legacy MLC will undertake projects within Lac Ste. Anne County and the municipalities within its boundaries. Vision That the Lac Ste. Anne County region have the capacity to build stable housing, create employment, and further the economic and social development within our communities. Mission The mission of Legacy MLC is to strengthen the foothold of Community Economic Development in our region to help families benefit from local jobs, quality services and homes to enable the continued development of our thriving communities. Principles In all it does, Legacy MLC will: • Use a community economic development approach to grow communities at the local level. • Deliver products aligned with community needs and priorities. • Create benefits that accrue to all members of the communities it serves. • Concentrate resources within a defined geographic area to achieve maximum impact. • Be nimble, entrepreneurial and solution-oriented. • Activate new partnerships and forms of collaboration as it works to encourage development.  Municipally Controlled Corporation Business Plan .4