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Economic Vitality Committee <br />Minutes <br />April 15, 2020 <br />Page 3 of 7 <br />Rick Kron, President of DBA, supports the idea of definitions being included. <br />Sales Tax Manager Bolte clarified that a business can only be in one category. <br /> <br />Required Documentation <br />Director Pierce will note that the W9 is requested so the City can issue checks <br />to businesses that are approved for grants without any delay. <br /> <br />Requirement for the Certificate of Good Standing from the Colorado Secretary <br />of State will be removed as a documentation requirement, but staff will make <br />this verification. <br /> <br />Urban Renewal Area <br />Director Pierce will add narrative as to the LRC’s contribution. <br /> <br />Privacy Note <br />Rick Kron – suggests the “reasonable efforts” to maintain the confidentiality <br />rather than “best efforts.” <br /> <br />The other application components were reviewed and discussed: <br />Date Business opened in Louisville- This should be date business license was <br />obtained. We have business start date and license start date, but the business <br />start date will be used. <br /> <br />Based on Governor’s Executive Orders, was your business (select one)- <br />Director Pierce using this as a proxy to try to determine impact; to make it a <br />decision factor as an amount of impact from the pandemic. <br /> <br />Mayor Pro Tem Maloney does not believe this is criteria he would use. We <br />have already asked about business type. It was agreed this would be used for <br />information only. <br /> <br />Shelley Angell asked for clarification if the only other deciding criteria will be <br />length of time in business. Yes, that is correct. <br /> <br />Number of employees- There was discussion of tie breaker being length of <br />business. <br /> <br />Mark Oberholzer said does not feel age of business is an appropriate upper tier <br />measure. Chair Dickinson said, currently yes, that is a tie breaker. <br />