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Cityot <br />im Louisville <br />COLORADO • SINCE 1878 <br />BUSINESS RETENTION AND <br />DEVELOPMENT COMMITTEE <br />SUBJECT: <br />DATE: <br />BRAD COMMITTEE RESTRUCTURING DISCUSSION <br />NOVEMBER 7, 2016 <br />PRESENTED BY: AARON DEJONG, ECONOMIC DEVELOPMENT <br />SUMMARY: City Council is discussing changes to boards and commissions serving the <br />City and the BRaD Committee may be considered for restructuring. This memorandum <br />summarizes Staff's opinion of the challenges related to the committee and possible <br />restructure of the Committee. <br />BACKGROUND: The BRaD committee was permanently formed in January 2007 to <br />serve an advisory role to City Council on matters of interest to the City and City Council <br />concerning business retention and development. The BRaD Committee's goals and <br />responsibilities include, but are not limited to following: <br />Facilitate economic development in Louisville <br />Improve communications between the City and local business community <br />Share insights regarding local economic conditions <br />Serve as a sounding board for City proposals that could impact local businesses <br />Gather information regarding the needs and priorities of businesses with respect <br />to business retention and development issues <br />Provide input on proposed programs related to business retention and <br />development <br />The BRaD committee during its tenure has facilitated relationships among businesses, <br />business organizations, and the City. <br />The Committee consists of eight (8) members, as follows: <br />Three members of City Council <br />One member of the Planning Commission <br />One representative from the Louisville Revitalization Commission (LRC) <br />One representative from the Louisville Chamber of Commerce <br />One representative from the Downtown Business Association (DBA) <br />One representative for the Colorado Technology Center (CTC) <br />City Council at their September 6, 2016 meeting discussed the BRaD Committee. The <br />main comments during the discussion were: <br />Having BRaD as a City Council committee with 3 members of Council may not <br />be the correct structure in today's environment. <br />The membership determined by the role one serves (Planning Commission, <br />LRC, etc.) may need to be rethought. <br />BRAD COMMITTEE <br />7 <br />