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HomeMy WebLinkAbout2016 - Economic Advisory Commission - Work PlanEconomic Health Office 300 LaPorte Avenue PO Box 580 Fort Collins, CO 80522 970.221.6505 970.224.6107 - fax fcgov.com Economic Advisory Commission 2016 Work Plan Duties & Function of the Commission The duties and functions of the Commission are: 1. To advise City Council on matters pertaining to the economic health and sustainability of the city, including, but not limited to, (a) events and trends occurring outside the Fort Collins community that may affect the local economy; (b) immediate and long-term threats to the local economy; (c) ways in which to enhance the City's competitive position in relation to other communities; and (d) possible partnerships with other public and private entities; 2. To recommend programs and strategies that may enhance the economic health and sustainability of the city; 3. To be aware of and coordinate with other City boards and commissions whose actions may affect the economic health and sustainability of the City; 4. To advise Council on existing or proposed policies, practices or regulations of the City that may affect the local economy; and 5. To perform other such duties and functions as provided by the City Council. Overview The Economic Advisory Commission (“EAC”) has decided to focus on a single main area in 2016 – the growth of the community and its impacts on the economic, environmental and social aspects. A draft outline of the commissions approach to reviewing and discussing this topic is attached to the work plan (Attachment #1). Generally the exploration of this topic will include:  Understanding historic and current growth trends;  Discussing alternative perspectives on growth and its impact both positive and negative on community; and  Potential policy recommendations for City Council to consider based on this exploration. Given the single focus of the EAC, the following topic areas will be used to filter City policy items brought before the commission by staff:  Economic Sustainability – Recession resistance and economic diversity  Infrastructure - Transportation and Utilities  Tax/revenue diversification;  Build-out impacts and considerations;  Innovation and the role of the knowledge economy;  Housing;  Workforce; and  Connection to the Triple Bottom Line, including the Social Sustainability and Environmental Services departments. Economic Health Office 300 LaPorte Avenue PO Box 580 Fort Collins, CO 80522 970.221.6505 970.224.6107 - fax fcgov.com Prioritization, Meeting Structure, Agendas The EAC manage meetings and agendas with the intent to focus commission on proactive review and identification of economic issues instead of a reactive view of issues. The result has been greater focus and engagement by commission members. This approach is summarized below:  All topics presented to the EAC will be reviewed in two parts: o First, the EAC will review a presentation on the topic with the objective of listening and clarifying; and o Second, the EAC will discuss the topic with the objective of understanding and acting (if required)  Topics will be selected from the 6-month planning calendar by the Chair and Co-Chair with recommendations from the staff liaison;  Topics will be placed on a planning calendar that resembles the City Council 6-month calendar and will include: Topic, Purpose, Objective (Listen/Clarify or Discuss/Act), Anticipated City Council Date (work sessions will be noted), Staff, and Time Allotted  Open Slots in the planning calendar will be discussed by the Board each month and topics off the 6-month planning calendar can be selected for discussion  The staff liaison will provide an update on the operations of the Economic Health Office quarterly (typically the month after the close of each quarter) Attached is an example of the planning calendar (Attachment #2), which is presented to the EAC each month. Current Topics The following items are currently on the planning calendar for review by the EAC:  Airport Work Plan and Financial Plan  Presentation from City partners in Economic Health (Visit Fort Collins, Downtown Business Association, Downtown Development Authority, Larimer County, Small Business Development Center)  Downtown Plan Update  Innovation Economy Asset Map  Water Right Utilization Fee  Water Authority Concept Evaluation Other items will be identified as they are added to the 6-month planning calendar. ATTACHMENT #1 Outline of Growth Dialogue Economic Advisory Commission Part Topic Objective Time Who 1 Growth Rates & Patterns: How has the City grown in the past? How does today compare? Reach common understanding of the historic and current pace and pattern of growth in Fort Collins. The trend analysis should try and focus on the last 50 years based on data availability. 45 minutes J. Birks 2 An Overview of City Plan: How the community plans to manage growth. Understand the City's current approach to land use development and managing growth. What can we learn about the future of the community by understanding land use patterns. Lessons from other communities? 45 Minutes C. Gloss 3 Projected Growth in Fort Collins/Larimer County: Where will potential growth come from? Who will it include? Understand the best estimates for future growth (or demand) in our community and region. Who will make up this growth. 60 Minutes State Demographer 4 Alternative Paradigms: Steady State Economy Understand different perspectives on growth held by our community. 45 Minutes G. Colton 5 Alternative Paradigms: Managed Growth & the Theory of Abundance Understand different perspectives on growth held by our community. 45 Minutes W. Troxell 6 Benchmarking: Other Community Approaches to managing growth Consider other communties and their approaches to managing growth. 45 Minutes TBD 7 Conclusions/Next Steps A chance for the group to discuss what they have learned through this process. How have their opinions/perspectives change? What conclusions can we draw for our community? Does the group want to propose next steps? 120 minutes Board & J. Birks (as facilitator) ATTACHMENT #2 Proposed Schedule for 2015/2016 Economic Advisory Commission Meeting Topic Purpose Role City Council Meeting Date Time Who FoCo Future Forum ‐ Jobs Presentation As the community approaches build‐out, how will job creation play a role. Listen/Clarify N/A 30 Minutes J. Birks Innovation Economy Asset Map Review the research and analysis of the EHO regarding the current state of the Innovation Economy in Fort Collins and Northern Colorado Listen/Clarify N/A 30 Minutes S. Houghteling DDA & County (??) Presentation An overview and update from partners Listen/Clarify N/A 5 Minutes M. Robenalt Recommendation: 2015 Annual Report Review and approve the 2015 Annual Board Report Discuss/Act 31‐Jan‐16 15 Minutes Board Staff Update (Quarterly) Provide an overview and update on Economic Health Staff activities Listen/Clarify N/A 30 Minutes J. Birks Historic Growth Rates & Pattern Reach common understanding of the historic and current pace and pattern of growth in Fort Collins. The trend analysis should try and focus on the last 50 years based on data availability. Listen/Clarify N/A 45 Minutes J. Birks Election of Officers Based on the Charter, the board needs to elect/re‐ elect officers. Discuss/Act 31‐Mar‐16 15 Minutes Board An Overview of City Plan Understand the City's current approach to land use development and managing growth. What can we learn about the future of the community by understanding land use patterns. Lessons from other communities? Listen/Clarify N/A 45 Minutes C. Gloss Airport Work Plan & Financial Plan Review the Airport Strategic Plan including action items, timelines, and financials. Listen/Clarify TBD 30 Minutes J. Lincon 20‐Jan‐16 17‐Feb‐16 16‐Dec‐15 ATTACHMENT #2 Proposed Schedule for 2015/2016 Economic Advisory Commission Meeting Topic Purpose Role City Council Meeting Date Time Who NOTE: MEETING WILL OCCUR ON THE SECOND WEDNESDAY OF THE MONTH TO AVOID SPRING BREAK Projected Growth in Fort Collins/Larimer County Understand the best estiamtes for future growth (or demand) in our community and region. Who will make up this growth? Where will it come from? N/A 60 Minutes State Demographer (or Similar) OPEN SLOT TBD 30 Minutes TBD OPEN SLOT TBD 30 Minutes TBD Alternative Growth Paradigms: Steady State Economy Understand different perspectives on economic growth held by our community. N/A 45 Minutes G. Colton or Guest OPEN SLOT TBD 30 Minutes TBD OPEN SLOT TBD 30 Minutes TBD Alternative Growth Paradigms: Managed Growth & Theory of Abundance Understand different perspectives on economic growth held by our community. N/A 45 Minutes Guest OPEN SLOT TBD 30 Minutes TBD OPEN SLOT TBD 30 Minutes TBD Unscheduled Items: Water Rights Utilization Fee Review a fee proposed by utilties to recover costs associated with water storage Listen/Clarify TBD 30 Minutes L. Smith Water Authority Concept Evaluation An evaluation of the potential to create a water authority in place of the multiple existing water districts. Listen/Clarify TBD 30 Minutes C. Webb * Denotes a City Council Work Session item 20‐Apr‐16 9‐Mar‐16 18‐May‐16