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Cityot <br />Louisville <br />COLORADO • SINCE 1878 <br />BRAD COMMITTEE <br />SUBJECT: <br />DATE: <br />2016 BRaD DISCUSSION TOPICS <br />DECEMBER 7, 2015 <br />PRESENTED BY: AARON M. DEJONG, ECONOMIC DEVELOPMENT <br />SUMMARY: <br />With the beginning of a new year, there is no better time to start planning for the BRaD <br />committee's items they would like to discuss in 2016. <br />DISCUSSION: <br />Staff has tried to keep a list of topics mentioned over the last several months that BRaD <br />may have an interest in analyzing and providing recommendations to City Council. <br />Analysis of Economic Development Programs <br />Staff currently does a yearly analysis of the Business Assistance Program (BAP) to <br />gauge the employment, investment, and sales growth resulting from assistance <br />packages to encourage projects to happen within Louisville. <br />The Economic Development Department has shepherded other programs of community <br />interest and their management has remained in Economic Development. These <br />programs include the Downtown Patio Program and the City's participation in the <br />Downtown Street Faire. These programs could be analyzed to determine the financial, <br />marketing, and investment effects for the downtown area. <br />Economic Development attends the annual ICSC Recon Retail Conference in Las <br />Vegas. This trip is used to maintain and create retail relationships with businesses in <br />town and those looking at town. This trip could be analyzed relating its expense to its <br />benefit. <br />Urban Renewal activities are also managed by Economic Development. The Louisville <br />Revitalization Commission maintains a multi -year financial model to estimate TIF <br />generation over time. <br />Small Area Plans <br />The South Boulder Road and McCaslin Small Area Plans are underway and will be <br />acted upon in 2016. BRaD held property owner roundtables for each area to gather <br />input from area owners about their visions for the future. Each plan will continue its <br />course and has been a very public process. <br />Downtown Parking <br />Parking is consistently a discussion topic in town and particularly in downtown. With <br />most buildings being fully utilized, parking demand has reached its highest level. <br />Opportunities for additional parking supply are limited without removing structures, so <br />BRAD COMMITTEE <br />8 <br />