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CXtyof BUSINESS RETENTION AND <br />Louisville DEVELOPMENT COMMITTEE <br />COLORADO • SINCE 1.878 <br />SUBJECT: STAFF REPORT <br />DATE: DECEMBER 7, 2020 <br />PRESENTED BY: MEGAN E. PIERCE, ECONOMIC VITALITY DIRECTOR <br />SUMMARY: <br />In the following, staff provides updates on recent activity related to core economic <br />vitality functions. <br />Business Assistance Program (BAP) <br />There have been no new approved agreements since the November BRaD Committee <br />meeting. Staff continues conversations with a few businesses that might pursue this <br />avenue. <br />Business Openings and Closures <br />Staff has not received notification of any recent business closures, though this area will <br />be closely monitored as we enter more restricted capacities due to recent public health <br />orders. There also has not been much recent activity with business openings. On <br />November 17, the Rose and Raven, a planned cidery and tavern at 511 E. South <br />Boulder Road, did receive City Council approval of the mobile food truck court <br />amendment and its PUD. The group also plans to apply for assistance from the <br />Revitalization Commission. They project opening in late summer 2021. <br />Economic Vitality Strategic Plan <br />The draft strategic plan was presented to City Council on November 10, 2020. Council <br />adopted the plan with no changes. A copy of the plan document adopted by Council is <br />included as Attachment #1. <br />Temporary Signage Allowances: <br />On October 16, the Economic Vitality Committee directed staff to extend the waiver of <br />permitting requirements for temporary commercial signage. On October 20, staff shared <br />the extension from the original October 31 expiration with the business community via <br />an e-blast. The waiver period is noted to extend through the pandemic recovery. Staff <br />will determine a new end date and then give businesses a one -month notice prior to <br />returning to the rules and enforcement of the 2019 Sign Code. <br />RECOMMENDATION: <br />No action required; for information only. <br />ATTACHMENTS: <br />• Attachment #1: Economic Vitality Strategic Plan (Adopted) <br />Agenda Packet P. 9 <br />