Economic Vitality Committee Agenda and Packet 2025 09 25

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City Council Economic Vitality Committee Meeting Minutes August 14, 2025 Page 3 of 4 Manager Zarate gave an overview on the development updates and asked for questions. Mayor Leh suggested that staff consider redlining relevant updates at each meeting. Mayor Leh asked if Birdie Bar was open yet. Manager Zarate responded that the building is complete and that they should be opening soon. Mayor Leh asked if Manager Zarate had a sense of how long it might take for Delo Boom to start construction. Manager Zarate responded that she did not have a timeline, but noted that she met with the group earlier today to discuss the requested tax increment -financing rebate. The amount of tax increment available for rebate will likely determine when and how the project moves forward. Mayor Leh asked if King Soopers original 2025 planned construction date was still accurate. Manager Zarate confirmed that the project will be breaking ground on September 12. Councilmember Fahey asked if Ironton has moved forward with their plans for construction. Manager Zarate responded that staff has had conversations with Ironton and that the site is no longer listed for sale. Conversations have included urban renewal assistance and Planning/Building processes, but there has not been a timeline identified at this point. COMMITTEE MEMBER COMMENTS Councilmember Fahey had no comments. Mayor Leh recognized that the Street Faire had its last event of the summer and noted that it seemed to be quite a successful season. He also commented that he had been in contact with the Governor's point person on the Front Range Rail project and noted that the train that is being discussed now shows Louisville, Broomfield and Westminster on the route. He added that the rail service should begin in 2029 and is not expected to require a vote or any federal funding. POTENTIAL FUTURE AGENDA ITEMS Mayor Leh mentioned that he spoke with Director of Community Development Rob Zuccaro about the EVC being able to review the proposed 2024 I -Codes. Staff confirmed that this item will come to the EVC in September. Mayor Leh requested that Main Street Designation be removed from the future items list unless staff recommends moving forward with it. Mayor Leh asked whether the Business Satisfaction Survey results could be presented to the EVC in October. Manager Zarate responded that the October meeting packet would be due before the survey is planned to conclude. Mayor Leh mentioned that the survey results could be presented in November following Economic Vitality Day. Agenda Packet P. 5