(1) Develop the economic/redevelopment portion of the City General Plan.

(2) Aid in the preparation of the City Capital Improvement Program and Plan.

(3) Provide public financial aid or incentives to make projects economically feasible and competitive, if the City decides to provide such aid and incentives.

(4) Market or promote the locality.

(5) Assist and improve land and services and recommend the provision of public financial aid or incentives to make projects economically feasible and competitive.

(6) Supervise the planning, qualification, and development of redevelopment project areas and the activities of the Redevelopment Agency.

(7) Aid existing and new businesses in finding adequate locations or relocations in the City.