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BYLAWS OF <br />THE BUSINESS RETENTION AND DEVELOPMENT COMMITTEE <br />ARTICLE I <br />The Committee <br />Section 1. Introduction. These Bylaws ("Bylaws") of the Business Retention <br />and Development Committee are adopted pursuant to the authority stated in Resolution <br />No. 7, Series 2017. <br />Section 2. Office. The office of the Committee shall be considered the Louisville <br />City Hall, 749 Main Street, Louisville, CO 80027, or such other place in the City of <br />Louisville, Colorado as the City Manager may designate from time to time. <br />Section 3, Purpose and Duties. <br />A. Advisory. Except as otherwise provided by City Charter or Municipal Code, <br />the Committee shall be advisory in character. <br />B Duties. The role of the Committee will include, but not be limited to, advising <br />the City Council on such matters as: <br />a) Advise staff and City Council on policies and strategies to enable the City to reach its <br />Business Retention and Development subprogram goals and objectives as set forth <br />in the City budget, with such goals and objectives, as in effect from time to time, <br />b) Promote collaboration and communication between the City and the local business <br />community. <br />c) Share insights regarding local economic conditions. <br />d) Serve as a sounding board for City opportunities that can promote economic activity <br />e) Gather information regarding the needs and priorities of businesses with respect to <br />business retention and development issues. <br />f) Recommend and/ or comment on proposed programs related to business retention <br />and development. <br />g) <br />Monitor Economic Prosperity program key indicators and recommend improvements <br />to move toward or reach key indicator targets. <br />Page,/ of 8 <br />