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HomeMy WebLinkAbout2010-055-08/17/2010-AUTHORIZING AND DIRECTING THE CITY MANAGER TO JOIN THE EFFORTS OF COLORADO STATE UNIVERSITY, THE FOR J RESOLUTION 2010-055 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING AND DIRECTING THE CITY MANAGER TO JOIN THE EFFORTS OF COLORADO STATE UNIVERSITY, THE FORT COLLINS AREA CHAMBER OF COMMERCE, LARIMER COUNTY AND PRIVATE ENTERPRISE IN DEVELOPING TARGETED INDUSTRY CLUSTERS WHEREAS, in 2006, the City commissioned a study (the "2006 Study") to evaluate the geographic concentration and interconnectedness of companies within the community in order to determine potential industry clusters; and WHEREAS, the 2006 Study identified several existing and emerging industry clusters that were categorized as five targeted industry clusters: Clean Energy, Bioscience, Chip Design, Software, and Uniquely Fort Collins; and WHEREAS, on March 21, 2006, the City Council adopted Resolution 2006-037 authorizing and directing the City Manager to join efforts with Colorado State University ("CSU"), the Northern Colorado Economic Development Corporation ("NCEDC"), the Fort Collins Area Chamber of Commerce (the "Chamber"), Larimer County and private enterprises to develop a Clean Energy Cluster for Northern Colorado; and WHEREAS, since the 2006 Study the _City, CSU, NCEDC, the Chamber, Larimer County and the private sector have made significant efforts to implement the cluster strategy in the community and have attained success in the Clean Energy and Biosciences clusters, while other clusters have not seen the desired level of success; and WHEREAS, job retention and expansion efforts in the five targeted industry clusters have outperformed national job growth in the past several years due in part to the emphasis placed on the clusters by the City and the targeted industry cluster initiatives; and WHEREAS, the five targeted industry clusters have undergone an evolution, and will likely continue to evolve in the future, and the City needs to improve its approach to supporting the targeted industries; and WHEREAS, in view of the evolution of the five targeted industry clusters, City staff has recommended that the Chip Design and Software clusters should be combined and renamed the Technology cluster, and that a new target industry cluster related to water reuse and conservation, testing, filtration, efficient irrigation management, sustainable water design, weather modeling, and water efficiency should be added and called Water Innovation; and WHEREAS, the City wishes to reaffirm its commitment to the Clean Energy Cluster for Northern Colorado; and J WHEREAS, City staff further recommends that, in addition to reaffirming the City's commitment to the Clean Energy cluster, City Council authorize and direct the City Manager to support participation in the formation and development of cluster initiatives relating to the other four targeted industry clusters: Bioscience, Technology, Water Innovation and Uniquely Fort Collins; and WHEREAS, as part of that commitment and support, the City Manager should work with regional partners and local business entities to develop strategic plans for the clusters and to support the advancement of the plans as they are implemented for the purposes of primary job retention, expansion, and creation; and WHEREAS, staff has offered proposals in the 2011 and 2012 annual budgets for financial investment in the development of the five targeted industry clusters, which may later be adopted by ordinance by the City Council; and WHEREAS, the Economic Advisory Commission and the Fort Collins Area Chamber of Commerce support staff s recommendation; and WHEREAS, it is in the best interests of the City to develop primary employment that is economically stable and improve the health and well-being of citizens by advancing the respective the goals of the targeted industry clusters. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the City Manager is hereby authorized and directed to support the formation and development of targeted industry cluster initiatives relating to the five targeted industries identified above by working with partners such as Colorado State University, Larimer County, the Fort Collins Area Chamber of Commerce and local business entities to develop strategic plans and to support the advancement of the plans as they are implemented for the purpose of primary job retention, expansion, and creation. Passed and adopted at a regular meeting of the Council of the City of Fort Collins this 17th day of August A.D. 2010. Mayor ATTEST: City-Clerk