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HomeMy WebLinkAboutEconomic Advisory Commission - Minutes - 12/03/2008For Reference: Minutes City of Fort Collins Economic Advisory Commission Regular Meeting 300 Laporte Ave City Hall December 3, 2008 11:00-1:00 p.m. Christophe Fabvre, Chair 227-0282 Mayor Doug Hutchinson, Council Liaison 416-2154 Mike Freeman, Staff Liaison 416-2253 Erin Gill, Minutes 221-6505 Commission Members Present: Blue Hovatter, Bill Timpson, Christophe Febvre, Rick Price, Beena Bawa, Stu MacMillan Commission Members Absent: Jim Clark, Kevin Shaw Guests: Ann Hutchinson, Chamber of Commerce Citizen Steve Yurash Citizen Tom Clevenger Staff Present: Erin Gill Mike Freeman, Chief Financial Officer Agenda Item I — Meeting Call to Order Meeting called to order 1 1:03 a.m. Agenda Item 2 — Approval of Minutes Unanimous approval of minutes November 12, 2008 Agenda Item 3 - Public Comment Steve Yurash commented on the economic viability of tracking hotel occupancy rates in Fort Collins. Tom Clevenger commented on how the Owl Canyon Corridor Project could benefit The City of Fort Collins Agenda Item 4 — Member updates and discussion Bill Timpson referenced an article highlighting how Thorns located in Northampton, Ma seems to be a very successful story of local small business incubation. Agenda Item 5 — 2009 Work Plan and Agenda Economic Advisory Commission — 2009 Workplan The Economic Advisory Commission (EAC) met in November of 2008 to discuss goals for the upcoming year. Following is a summary of the Workplan. The EAC identified key economic themes that support overall economic health in Fort Collins. EAC will use these themes to organize their workplan and as a filter to evaluate and screen ideas and issues that will surface in the next year. Economic/Finance Policies • Review City incentives and approaches for retaining and attracting businesses • DDA/URA's/Metro Districts/TOD Overlay Zone: These are all different tools used by the City to help encourage economic development. How are they working and should there be future expansions? • Review City revenue and tax policies to evaluate opportunities for diversifying revenue streams • Review recommendations for addressing poverty in the community. • Study current recession impacts on downtown Fort Collins. • Study and comment on forthcoming tax increase proposals from City Council. • Provide recommendations regarding the effectiveness of the Economic Clusters approach. Transportation/Infrastructure Issues • Mason Corridor Continued Discussion — Review the city's latest plans for the Mason Street Corridor if specific plans can be presented. Discuss redevelopment of some of the "big box" spaces such as Wal-Mart and Target. Discuss possibly of some of the new mixed use ideas at the comer of College and Prospect for example. • Transit Strategic Plan Land use and Long Range Planning • Buildable lands inventory • Targeted industries land inventory • Harmony gateway • CSU Business Park Community Amenities/Quality of Life • Community Marketplace Arts and Culture • Arts Alliance Proposal • Beet St • Bohemian Project Projects • Presentation on 2009 Downtown Development Authority initiatives • Presentation on 2009 UniverCity Connections initiatives • Presentation on Campus West redevelopment potential • Presentation on Foothills Mall redevelopment potential • North College Ave Urban Renewal Area Plan • DDA Projects Presentation Agenda Item 6 — Discuss next meeting time, location and agenda Next meeting is scheduled for January 7, 2009 posted on the Fort Collins main web page event calendar http://www.fe�,,ov.coin Agendas: http://fcgov.com/cityclerk/economic-advisory.php Submitted Erin Gill, Executive Administrative Assistant