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City of Fort Collins
Economic Advisory Board (EAB)
2023 Work Plan
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 opportunities and 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 City Council and Staff 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.
20233 EAB Work Plan
Topics
Topic Charter
Aligned
Board &
Community
Interest
Council
Initiative
(Impact)
Upcoming Action
Economic Health
Strategic Plan
Update
X X X Periodically review the
plan at key
Milestones, including
stakeholder engagement
interview.
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. Responding to
new programs related to
Climate Action Plan.
Talent Attraction & Retention X X X Engage with NoCo
Works steering
committee to understand
how the EAB can support
and facilitate this
work
Regionalism & Industry
Cluster Study
X X X Engage with Northern
Colorado Regional
Economic Development
Initiative to understand
how the EAB can support
and facilitate this
work.
High Inflation Impact on
City’s Economic
environment.
X X
Identify the challenges
associated with a high
inflation economic
environment. And
helping the city to
address those
challenges.
Identify opportunities for
local businesses
X X
Identifying opportunities
to increase and promote
shopping local within the
city.
Relationship of Work Plan Topics to City Council Agenda and Priorities
The EAB is available to assist in the City's economic sustainability corresponding with
local economic downturns.