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11: City,/ <br />im Louisville <br />COLORADO • SINCE 1878 <br />BUSINESS RETENTION AND <br />DEVELOPMENT COMMITTEE <br />SUBJECT: <br />DATE: <br />BRaD NEXT STEPS DISCUSSION CONTINUATION <br />OCTOBER 7, 2019 <br />PRESENTED BY: HEATHER BALSER, CITY MANAGER <br />STAN ZEMLER, INTERIM ECONOMIC DEVELOPMENT <br />DIRECTOR <br />SUMMARY: <br />Continued Conversation from September 3, 2019 Meeting <br />- Continue the discussion on BRaD current role and any future work efforts. <br />- Retention Visits, see previous agenda item. <br />- Specific Process for Updating City Council on BRaD activities. BRaD may <br />wish to request an annual joint meeting with City Council to highlight their <br />annual work efforts and priorities. It might make sense to schedule this after <br />the Business Forum in Spring 2020, when BRaD will host an opportunity for <br />local business to interact with City Council ("Meet the City Council"). BRaD <br />members may also wish to attend City Council meetings where economic and <br />business issues are discussed. Staff can discuss at each BRaD meeting <br />anticipated topics of interest at future City Council meetings and who may <br />wish to attend. <br />Continued Conversation from August 5, 2019 Meeting <br />The Chair and staff would like to continue the discussion with the Business Retention <br />and Development (BRaD) Committee regarding its current role and any new initiatives <br />or future opportunities it might have an interest in pursuing. Questions that were raised <br />at the August 5 meeting, summarized from the minutes include the following: <br />- Should BRaD be Proactive or Reactive on Louisville business / economic <br />matters? <br />- Can or Should BRaD be a business advocacy group? <br />- What are other cities (particularly Boulder County / North Metro) doing toward <br />economic sustainability? Please see the attached August 13, 2019 City <br />Council packet for the recent discussion on an Economic Vitality <br />Strategic Plan discussion which includes recent retail studies and metro <br />area economic development/vitality strategic plans. <br />- Need regular BRaD updates to City Council. <br />- What has happened to business retention visits? Need to re-engage in <br />retention visits. Look to schedule a few a month and assign BRaD <br />Committee members to attend. Should there be a subcommittee to <br />determine which businesses to visit monthly, based on geography, <br />industry, size, etc.? Staff has included the current business listings by <br />main industry categories for reference. <br />- Can there be a consistent City welcome process when new businesses open? <br />