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HomeMy WebLinkAbout2012 - Economic Advisory Commission - Work PlanEconomic Advisory Commission – 2012 Workplan 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. The Economic Advisory Commission (EAC) met in October of 2011 to discuss goals for the upcoming year; following is a summary of the 2012 workplan. The EAC identified four (4) key areas that support overall economic health in Fort Collins and will use these themes to organize their workplan. The EAC will be actively engaged in each area, assessing plans and results, and will make recommendations to Council as necessary. Four (4) Key Areas  Discuss and evaluate the implementation of the updated Economic Health Strategic Plan  Discuss and evaluate the ongoing efforts to redevelop the Midtown Corridor – and Leveraging the Mason Corridor Project  Discuss and evaluate the Community’s Ongoing Incubation Program and Services  Discuss and evaluate the City’s Economic Clusters Approach Other continued areas for 2012 Economic/Finance Policies  Discuss City incentives and approaches for retaining and attracting businesses  Discuss City revenue and tax policies to evaluate opportunities for diversifying revenue streams  Proactively participate in City BFO and KFCG decision processes for 2013-2014 cycle  Review and discuss KFCG Annual Report Land use and Long Range Planning  URA Existing Conditions Study (Blight Study)  General Improvement Districts  Business Improvement Districts – specifically in Midtown  Green Building Standards  Floodplain Regulations  East/West Neighborhood Standards