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HomeMy WebLinkAboutEconomic Advisory Commission - Minutes - 07/17/2019Economic Advisory Commission Regular Meeting July 17, 2019, 11 a.m.- 1 p.m. Colorado River Room, 1 st Floor, 222 Laporte Avenue 7/17/2019 – MINUTES Page 1 1. CALL TO ORDER Time Started 11:05 a.m. 2. ROLL CALL List of Board Members Present • Connor Barry • Aric Light • Denny Otsuga • John Parks • Braulio Rojas • Linda Stanley • Ted Settle • George Grossman List of Board Members Absent • Renee Walkup List of Staff Members Present • Josh Birks, Economic Health Manager • Erin Zimmermann, Economic Health Admin/Board Support • Jennifer Poznanovic, Senior Manager, Sales Tax & Revenue • Randy Reuscher, Lead Analyst, Utility Rate • Marc Rademacher, Recreation Manager • Bob Adams, Recreation Director List of Guests • Dale Adamy (r1st.org) 3. AGENDA REVIEW No changes. 4. CITIZEN PARTICIPATION No comments. ECONOMIC ADVISORY COMMISSION REGULAR MEETING 7/17/2019 – MINUTES Page 2 5. APPROVAL OF MINUTES The June 19th, 2019 meeting minutes were approved as presented. 6. UNFINISHED BUSINESS. a. Board and Commission Evaluation (Experiment) Update—Ted Settle (Listen/ Clarify) Ted Settle— no update. This is very concerning. Josh will bring it up at Team Lead today. b. Development Review Fee Study Advisory Committee Update—Braulio Rojas (Listen/ Clarify) Braulio provided an update. The committee asked if they would be able to see an example, how much would it be today to pull all those permits. They promised to do that in the next meeting. We haven’t been able to have the third meeting. It was moved to August. We will then hopefully be able to see more specific numbers and better understand how it will impact building. That way we can explore more implications. How can we collect the expenses of those services, which makes sense, but I think it may be good to see how it may impact other services, as well? You will see the final recommendations after our next meeting. Aric provided an update on the Revolving Loan fund— Distributed the RFP, the committee will do our evaluation this week, and will do interviews next week. We will put this on the agenda for next month for an update. 7. NEW BUSINESS a. 2019 Capital Expansion Fee Update— Jennifer Poznanovic (Listen/Clarify/Discuss) Jennifer and Randy provided an update on the 2019 Fee Update process, details and next steps. Fee Scope & Timeline: 2019 Fee Updates • Utility Fees • Capital Expansion Fees - Step III ECONOMIC ADVISORY COMMISSION REGULAR MEETING 7/17/2019 – MINUTES Page 3 . The objective of this process is: Review fee updates together to provide a holistic view of the total cost impact and bring impact fees forward per a defined cadence….2-4 years. We are on Phase 3 Randy provided additional details on the Utility Fees. Assumes residential, single-family home with an 8,600 square feet lot and 4 bedrooms Utility Fee Current Charge 2020 Charge $ Change % Change Electric Capacity Fee $1,537 $1,563 $ 26 1.7% Water PIF $ 3,826 $ 4,084 $ 258 6.7% Wastewater PIF $ 3,537 $ 3,590 $ 53 1.5% Stormwater PIF $ 1,548 $ 1,600 $ 52 3.3% Water Supply Requirement * $11,160 $13,838 $ 2,678 24.0% *Charges for going over annual water allotment are tied to increase in Water Supply Requirement Capital Expansion Fees • Capital Expansion Fees is in step 3, an 11 percent increase from current fee levels. • CEF fee increases are 100 percent of full fee levels recommended in 2017. • 3.2 percent Inflation Estimate: CPI-U index for Denver-Aurora-Lakewood update in August 2019. Next steps: ECONOMIC ADVISORY COMMISSION REGULAR MEETING 7/17/2019 – MINUTES Page 4 • October 8th: Council Work Session • November 5th & 19th: Ordinance readings subject to Council direction • 2021 updates effective January 2022 • Jennifer— We would be happy to include a memo in our packet in August if you ware interested in providing a statement. Comments: George— What percentage of City Revenue are these fees? John— Does some percentage of these fees go to public service announcements of energy efficiency or conversation efforts? Jennifer— No, not currently Denny— Similarly, I think if part of this could be invested for the future, that might be smart. Randy— As part of overall utilities. The water plan investment fee is based on square footage, so if they are not installing turf, you would see that. But it is definitely something we could give additional consideration in the future. Randy— Time of Day- Wanting to measure and confirm from our pilot study that we are still seeing 2.5 percent reduction. Denny— If peak demand is an issue, are there technologies out there that would smooth that out? Randy— I think the big thing is really just education. Maybe not so much from a technology side of things. Brauilo— Do you have more information how fee review is used? Jennifer— So for community parks, that revenue is in a dedicated revue stream so it will only be used to build more community parks, not maintenance. Jennifer— Council is aware of the maintenance needs. Outside the scope of this, but definitely something for further discussion. Braulio—As a consumer/ resident there is a trust piece there that I will pay what is set. Jennifer— In the fee paper we reviewed the audit that was included that had to do with maintenance and using impact fees. The good news is they are being used for what they are supposed to be used for. Linda— It was amazing how well the audit came out. ECONOMIC ADVISORY COMMISSION REGULAR MEETING 7/17/2019 – MINUTES Page 5 Denny— I feel like in our memo’s we have a part that we agree or disagree and then add any additional comments. I feel like it is an opportunity for us to express our thinking. Braulio— Can we include a statement about the audit? John— Suggested including incentives for developers. Aric motioned to write a draft memo in support and Connor seconded it. Aric will draft memo and send out for review and approval. Motion passed Unanimously. b. Sports Complex Facility Feasibility Study— Mark Rademacher (Listen/Clarify/ Discuss) Mark gave a presentation on the Fort Collins Sports Facility: Market and Feasibility Analysis Report. • Staff was requested by Council to conduct a feasibility and impact analysis for the development of a multi-use sports facility within city limits. • Impact and feasibility study was funded during the 2017/18 Budgeting for Outcomes (BFO) process. • Hunden Strategic Partners (HSP), including staff at Perkins + Will, was hired through a competitive RFP process in 2018. Northern Colorado doesn’t really have a sports complex per se. Executive summary highlights: • Significant opportunity exists for a new, multi-use sports complex in Fort Collins. • Facility goals and Desired outcomes: o Accommodate local demand AND/OR o Drive sports tourism to the city • There is lack of high-quality, up-to-date, indoor facilities • High demand exists for indoor, synthetic turf training spaces ECONOMIC ADVISORY COMMISSION REGULAR MEETING 7/17/2019 – MINUTES Page 6 They came up with three concepts: • 1-A Indoor Facility Concept o Includes eight indoor regulation basketball courts/ convertible to 16 volleyball courts, lobby, gymnasium, meeting rooms, food service, lockers, restrooms, mechanical, electrical & plumbing o Total Projected Cost: $27,850,817 • 1-B Indoor Facility Concept o Includes: indoor synthetic turf field, gymnasium seating/viewing area, lobby, meeting rooms, food service, lockers, offices, restrooms, mechanical, electrical & plumbing o Total Projected Cost: $53,343,681 • Scenario 2 Outdoor Facility Concept o Includes 16 synthetic turf baseball fields, parking areas, paving, site circulation, viewing and gathering plazas o Total Projected Cost: $26,971,138 Next steps: Presented to Council Finance on Monday. The consultants will present to Council. There is opportunity in Fort Collins to benefit from a multi-use sports complex of some kind. City Leadership need to outline goals and desired outcomes to guide next steps. Comments: Denny— I agree, we would like to see the revenue projections as well, not just the expenses. Marc— Can give the additional reports. Denny— Did you talk about location? Marc— Outdoor would be north Fort Collins. More options for indoor. Denny— Has there been thought of combined development with hotels to help pay into the development costs. ECONOMIC ADVISORY COMMISSION REGULAR MEETING 7/17/2019 – MINUTES Page 7 Marc— Not yet, right now it is very conceptual and Council needs to decide how much more do we put into this and decide were do we want to take this at all. Braulio— Do you have any successful examples of other towns and what is the nearest to us. Marc— In their full report they gave examples. Several in CA. I will send out the link. Bob— One in Aurora, that would be the closest. Josh— Objective you were asked was to understand if there is market demand, cost, etc… The Master Tourism Plan was funded. So one thing that SeonAh has said is let’s put this in against other investments and other revenue and see which one stacks up. Josh— The potential locations will need to be updated and examined further. One just went through for a metro district. I know owners of F really well, probably not in line with their desires. Some are zoned employment others are low-density, medium density commercial. Ted— Given the shrinking available land, what is the cost benefit compared to other commercial? The question of how we want to use our available land is important. Denny— Opportunity costs are definitely something to consider. Another option is what if the sports complex doubled as a larger community park. So, then you can maximize and leverage that opportunity. Connor— Is demand all local club teams? Marc— Yes for indoor. Outdoor would draw more regional tournaments. If we looked at this could we then look at improvements for existing parks like Rolland Moore? Ted— How do you envision getting clarity in what strikes me as two very different objectives? Bob— I think that’s where having consultant come in. to speak to it. Marc— User groups were very loud that there is a need. Braulio: Example in tourism in Dominican Republic, they break down by tourists and locals so they then can balance and assure the operating costs. Challenge is to draw a really good marketing plan. Can tell story how to drive local use and tourism. In my personal experience, it is hard in winter. I can see a market there and can see an opportunity in terms of more tourism, but the challenge will be around the marketing plan. Linda— I think we could lend some points to their discussion. I would b happy to take the minutes and would send our salient points. Send memo to Council that ECONOMIC ADVISORY COMMISSION REGULAR MEETING 7/17/2019 – MINUTES Page 8 summarizes points of our discussion today. Work session is Aug. 13 th . Materials are due end of next week. 8. BOARD MEMBER REPORTS Braulio— none Denny— Rocky Venture group is running a hyper-accelerator for start-ups, next Monday is a demo day where they will give a pitch to investors. This time got impact companies. Event is free,if anyone is interested in attending. Connor— Encourage use SharePoint. Everyone can upload to it. Exploring discussion options. John— Could someone send a one-pager on how to use and where things are? Connor will work on this. Erin can help with this. Ted—Met with Tom Johnson in economic development at CSU and floated idea on the higher ed partnership and will meet with people in Denver regarding economic development. George— DBA had their 30th Annual Brewers Fest at campus stadium. Sold out. It was very successful. It brings in tourism. They reported that the age is going up which means they are charging more. Seth Lorson also presented about the new sensors in parking and how they are analyzing parking turnover. In several months, it might be valuable to have them talk about how parking is impacting the economy in downtown. 9. OTHER BUSINESS Business Appreciation Breakfast— Follow-up from last month. We talked about wanting to use this group in a new and evolving way for the Business Appreciation Breakfast. EAC is invited to act as table captains for the Business Appreciation Breakfast on September 26, 2019. This is a great opportunity to invite businesses who may not be engaged with the City yet or who are and you think they should attend the breakfast. • EHO will provide a save the date link (coming soon) • Language to include as you forward the save the date • Invite and registration information once released • EAC members recognized during program The event is from 7:30 – 9 a.m. at the Hilton Fort Collins. ECONOMIC ADVISORY COMMISSION REGULAR MEETING 7/17/2019 – MINUTES Page 9 Keynote – Betsy Craig, CEO and Founder of MenuTrinfo Linda had a question regarding Broadband. Comcast employees are going door to door. Heard broadband has run into infrastructure issues. The group discussed the project. Josh reported that there had been a few times where the City clipped Comcast lines and fixed them immediately. Josh— My understanding is that we are on target to go live in August. We will do pilot testing to get the infrastructure up and running. Nothing suggests we are off track. We always intended to bring on customers slowly. I heard everything is going on track and they are just running into normal issues that you would expect. Connor— The City is being relatively guarded with information because Comcast is poaching and the competition that will occur. An update after the first customers are on- line might be good. Industry that is changing rapidly. John— I would like an update on Kayak Park. Josh will get an update. Action Item: Erin will send out poll for timing of meeting. Couple questions to think about, but table making changes until January. Look at location options as well. 10. ADJOURNMENT Adjourns 12:54 p.m. UPCOMING TOPICS August: ▪ Revolving Loan Fund – Winning Respondent Presentation ▪ State Demographer – Update on Forecast & Current Conditions September: ▪ Harmony Gateway Plan – Cameron Gloss October: ECONOMIC ADVISORY COMMISSION REGULAR MEETING 7/17/2019 – MINUTES Page 10 ▪ Industry Cluster Re-boot Update (Bring earlier as the Input Item) November: ▪ Harmony Gateway Plan Update– Cameron Gloss Unscheduled: ▪ Update on Industry Cluster Approach – TBD (Listen/Clarify) 2019 Priorities: ▪ Talent Development, Economic Dashboard, Business Engagement, & Cluster