HomeMy WebLinkAbout09/01/2010 - Amendments 60, 61, And Proposition 101 - Economic Advisory Commission
Financial Services
300 LaPorte Ave
PO Box 580
Fort Collins, CO 80522
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Memorandum
To: Mayor Hutchinson and City Council Members
From: Economic Advisory Commission (EAC)
Christophe Febvre, Chair
CC: Darin Atteberry, City Manager
Mike Freeman, Chief Financial Officer
Date: September 1, 2010
Subject: Recommendation on Amendments 60, 61 and Proposition 101
After a thorough review, the Economic Advisory Commission (EAC) unanimously recommends
to City Council that it come out strongly against Amendments 60, 61, and Proposition 101. The
EAC feels that there will be a severe economic impact to our community if any one, or any
combination, of the initiatives passes. The EAC feels that the economic impacts of these
initiatives include, but are not limited to, the loss of a significant number of jobs and an increase
in utilities fees. Passage of these initiatives would seriously affect our ability to attract and retain
businesses at the State, County, and local levels.
Christophe Febvre, Chair, on behalf of the Economic Advisory Commission