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HomeMy WebLinkAbout2022 - Economic Advisory Commission - Work Plan Economic Advisory Board (EAB) 2022 Work Plan Economic Health Office 300 LaPorte Avenue PO Box 580 Fort Collins, CO 80522 970.221.6505 970.224.6107 - fax fcgov.com Duties and Functions of the Board The duties and functions of the EAB 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; and 4. To advise Council on existing or proposed policies, practices or regulations of the City that may affect the local economy. Overview Topics selected for review and advisement to Council were evaluated on the basis of: a) Alignment with EAB’s Charter b) Relevancy and timeliness for stated Council Priorities c) Economic impact to the community d) Board’s interest. 2022 EAB Work Plan Topics Topic Charter Aligned Commission & Community Interest Council Initiative (Impact) Upcoming Action Economic Health Strategic Plan Update X X X Periodically review the plan at key milestones Affordable Housing (with special focus given to the economic impact on the labor force) X X X Receive updates on Housing Strategic Plan implementation, review of Metro District policy Climate Economy (with special focus given to creating green jobs and sustainable innovation) X X X Presentation on Our Climate Future Talent Attraction & Retention X X X Engage with Talent 2.0/3.0 steering committee to understand how the EAB can support and facilitate this work Regionalism X X X Engage with Northern Colorado Regional Economic Development Initiative to understand how the EAB can support and facilitate this work Industry Cluster Study X X Engage with Northern Colorado Regional Economic Development Initiative to understand how the EAB can support and facilitate this work Small & Medium Size Business Plan X X X Review and provide input to the City’s Recovery Plan – specifically the Economic Recovery Section Relationship of Work Plan Topics to City Council Agenda and Priorities The EAB is available to assist in the City’s economic recovery plan corresponding with local economic downturns. The COVID-19 pandemic and the resulting economic recession has the full attention of the EAB. Our workplan will be adaptable to Council priorities as the pandemic and the recovery efforts continue to change regularly. Prioritization, Meeting Structure, Agendas The EAB will prioritize areas in alignment with Council’s initiatives for the upcoming year. The EAB will place a priority on communication with Council. This may include: a) Attending Council meetings and member listening sessions, b) Speaking on priority topics c) Sending memoranda to Council d) Attending combined boards and commissions meetings e) Meeting with the EAB Council liaison several times throughout the year. The EAB’s priority is to proactively review and identify economic issues in the City. The goal includes greater focus and engagement with commission members. This approach is summarized below: • Topics will be selected based on the Council’s 6-month planning calendar, and the EAB’s observations and recommendations. • New Topics will be placed in the “Upcoming Topics” section at the bottom of the document to include: Topic, Purpose, Objective (Listen/Clarify or Discuss/Act) and a planned action date. • Open Slots in the planning calendar will be discussed by the Chair and Vice Chair of the Commission as they become available during monthly planning sessions. Topics not included in the Council’s 6-month planning calendar may be selected for discussion as presentations are available. • The City staff liaison will provide updates on the Economic Health Office as needed for the EAB. Current Topics/Planned Activities The following items are currently on the planning calendar for the EAB: • Date: TBD – -Connexion Update • Date TBD – Our Climate Future