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HomeMy WebLinkAboutEconomic Advisory Commission - Minutes - 04/20/20111 Minutes City of Fort Collins Economic Advisory Commission Regular Meeting 300 LaPorte Ave City Hall April 20, 2011 11:00 a.m. - 1:00 p.m. For Reference: Bill Timpson, Chair 493-3673 Pending, Council Liaison TBD Mike Freeman, Staff Liaison 416-2259 Wendy Bricher, Minutes 221-6506 Commission members present: Christophe Febvre Michael Kulisheck Kevin Shaw Stu MacMillan Bill Timpson Blue Hovatter Channing Arndt Commission members absent: Rick Price Jim Clark Guests: Ann Hutchison, FC Chamber of Commerce Staff Present: Josh Birks, Economic Advisor Wendy Bricher, Minutes Jim O’Neill, Director of Purchasing and Risk Management Agenda Item 1: Meeting called to order Meeting called to order at 11:07 a.m. Agenda Item 2: Approval of Minutes Unanimous approval of minutes 2/16/11 Agenda Item 3: Public Comment None Agenda Item 4: Follow-up discussion regarding previous meetings EAC members discussed the Boards and Commissions Attendance Policy. It was clarified that written notice should be forwarded to Chair Bill Timpson and Wendy Bricher in the event a member is unable to Financial Services 300 LaPorte Ave PO Box 580 Fort Collins, CO 80522 970.221.6505 970.224.6107 - fax fcgov.com 2 attend a meeting, and final approval of the absence is at the Chair’s discretion. Members agreed that attendance should be a priority (as Council members would like to see the attendance go up) and the Chair will address poor attendance on a case-by-case basis. Bill Timpson asked about sending an alternate substitute; however, this is not possible as EAC members are appointed by Council and an alternate would not able to vote. EAC members suggested an alternate (back-up) time slot on the 3rd Wednesday of each month from 8:00 a.m.-10:00 a.m. in the event that members were unable to obtain a quorum at the regularly scheduled time (known well in advance). Rescheduling the meeting on an occasional basis would be dependent on EAC member availability, staff availability, room availability, and other logistics necessary to reschedule the meeting if needed. Blue Hovatter suggested the EAC also invite the new Council liaison to attend meetings on a regular basis (bi-monthly). Agenda Item 5: Member Updates/ Future Agenda Items Discussion (6 mo planning calendar) Kevin Shaw asked for an update regarding the North College Redevelopment Agreement. Josh Birks relayed that the Developer has requested to move the savings from the streets category to cover the overages in the other line items. Staff is evaluating the project and agreement, but has not made a recommendation to Council at this time. Kevin Shaw asked for an update regarding the Economic Action Plan. Josh Birks relayed that TIP Strategies out of Austin, Texas has been selected. There were two bids on the project, with no local companies submitting a bid. Bill Timpson asked if the firm might consider a local apprentice to work on the project. Josh Birks responded that the local businesses will benefit from the project, but that the firm is under a contract to perform, and an apprenticeship could be considered a liability to them. The EAC will have the opportunity to meet directly with the firm on several occasions and be involved in forming the final Economic Action Plan. Christophe Febvre asked for an update regarding the Midtown Existing Conditions Report. Josh Birks relayed that report will be presented to Council in draft form at the Tuesday, April 26 work session with final decisions made in July; the draft is currently available on the URA website. EAC will receive a full briefing at the May meeting regarding the report as well as a primer on blight and Tax Increment Financing (TIF). A follow-up discussion will occur in June focusing on direction and planning and may include a speaker from the South Fort Collins Business Association (SFCBA). The MAX BRT update was canceled due to a last minute scheduling conflict. Staff will provide a report on the project and, if desired, will reschedule the update for a future meeting. Kevin Shaw asked about the Development Review agenda item in June. Fact finding/education on the item will occur in June, and deliberative discussions will occur in July. Agenda Item 6: Taxes and Fees – Bill Timpson After thorough discussion, Bill Timpson motioned: Toward More Diversified, Equitable, and Sustainable City Tax and Fee Revenues A Motion for consideration by the Economic Advisory Commission (EAC) William M. Timpson and Christophe Febvre It is occasionally a reasonable and necessary task for city governments to evaluate their revenue stream to ascertain that they are aligned with needs, values, and outcomes-based policy directions. The Economic Advisory Commission (EAC) has been meeting for several years and has been considering numerous and varied issues directly and indirectly pertinent to the City’s economic vitality and long-term sustainability as well as its alignment to the City’s resources and values. City revenues, employment, services, and tax policy are each individually, and as a whole, a major component of the City’s economy. The EAC notes that the way in which the City is able to serve its varied population, foster its economy, 3 promote jobs, culture, and quality of life, affect policy, and promote specific objectives is significantly affected by the City’s tax and fee structure and by the stability of the City’s revenues. The EAC is fully aware and acknowledges that the question of taxes and fees is not only one of necessity but also one of policy and politics at several levels of government. However, taxes and fees are collected in a dynamic and evolving environment in which changing needs and contemporary ideas should be aligned with revenue generation to promote fairness, sustainability, and a consistently high level of government accountability and citizen accord. It is for these reasons that it is important and consistent with the mission of the City’s government to occasionally re-evaluate the mechanisms and policies that generate its own working revenues. As members of the Economic Advisory Commission, we offer the following recommendation: 1. In order to achieve a more stable revenue source; 2. Open a discourse on tax policy and community values about fairness, in particular; 3. Examine how revenue issues intersect with concerns about environmental, societal, and economic health, and; 4. Consider how all this impacts the City’s other policy objectives. The EAC recommends that City Council explore ways to make City tax and revenue fees efficient, diversified, equitable, and sustainable. Motion seconded by Blue Hovatter. The EAC unanimously passed the motion (7-0). Jim Clark and Rick Price abstained from voting, as they were not in attendance. Agenda Item 7: Local Preference – Jim O’Neill Jim O’Neill, Director of Purchasing and Risk Management, provided information to the EAC regarding the City’s Purchasing Policies. Information included policies and practices, advantages and disadvantages, outreach, and current City spending trends. In addition, every few years the City communicates with the Chamber regarding their current position on the issue and agrees that everyone should have the opportunity to compete and that no artificial barriers are in place for our local businesses. Bill Timpson asked if any analysis or review from Wyoming has been done since adding a local preference policy; Jim O’Neill indicated that he was not aware of any review. Further discussion took place regarding local impact vs. local preferencing. The EAC members agreed that quantifying local preference is difficult to do, and maybe educating the community on why it matters to spend local should be increased (Shop Fort Collins, etc.). Josh Birks indicated that the Uniquely Fort Collins Cluster offers a 14-week bootcamp for business owners to take their business to the next level. After thorough discussion, no action was taken. Meeting adjourned at 1:00 p.m. The next meeting is scheduled May 18, 2011 from 11:00a.m.–1:30p.m. CIC Room, City Hall