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HomeMy WebLinkAbout2018 - 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 2018 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 create focus in 2018 by choosing a limited number of items to emphasize, including: 1. Participating directly in the public engagement component of City Plan and the Transportation Master Plan process by working with staff on the development of a Community Discussion Guide that supports evaluating the growth of community and the economic, environmental, and social impacts; 2. Reviewing the existing Business Assistance Package Development Framework (specifically criteria to consider as part of the evaluation of future business assistance); and 3. Evaluating an experiment to bring together Boards and Commissions representing the Triple Bottom Line from supported by departments from across the City organization and under the leadership of the Council Futures Committee. Given the focus of EAC, the following topic areas will be used to filter other City policy items that should be brought before the commission for input:  Triple Bottom Line integration (Social and Environmental);  Balancing act between the benefits and cost of growth  Economic sustainability and diversity  Infrastructure - Transportation and Utilities;  Tax/revenue diversification;  Build-out impacts and considerations;  Innovation and the role of the knowledge economy;  Housing; and  Workforce. 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) Current Topics/Planned Activities The following items are currently on the planning calendar for the EAC:  Broadband  Climate Economy  Triple Bottom Line Scan tool Other items will be identified as they are added to the 6-month planning calendar.