Economic Vitality Committee Agenda and Packet 2021 01 15

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Based on the above information, the Business Retention and Development Committee presents some options for your consideration: Merge the EVC and BRaD • 3 City Council members • 5-7 members of the business community representing different groups, sectors and geographies. (Multiple roles can be represented by one person) ■ Chamber ■ DBA ■ McCaslin ■ Tech Center ■ South Boulder Road ■ Building Owners ■ Commercial Leasing ■ Small Businesses ■ Primary Employers • This is very similar to the format that existed before 2018 with a couple proposed differences. o The business members would not get an official vote. ■ The vote was irrelevant before anyway since only the full City Council can take official action and only the City Council members get a vote in the full Council. This removes the ill -will that can come from split votes but does allow for business to make their case in a meaningful setting. o There now exists an Economic Strategic Plan as a guiding document. ■ BRaD has often been adrift trying to find a purpose. The Strategic Plan along with a direct connection to Council gives the group the direction and the clout needed to accomplish things. EVC with 2-4 Business Members • This would allow for the connection between City Council and the business community but may be less wieldy of a group. • It is important that these representatives be official standing members rather than be invited on an as -needed basis or be expected to know when to participate. Defer until after the Pandemic • Keep BRaD in its current form until the role and best format for the EVC/BRaD in a post - pandemic world can be better evaluated. • BRaD can continue to meet to evaluate and offer advice as this matter is discussed. • BRaD will also continue to offer a business voice on general issues in its limited way, which is better than nothing. Agenda Packet P. 11