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Economic Vitality Committee <br />Meeting Minutes <br />February 19, 2021 <br />Page 5 of 5 <br />between dissolving the BRaD Committee and establishing the representation <br />on EVC. He said the discussion was being pushed off another month and that <br />this had started in November. He was also disappointed that Council members <br />did not share their thoughts about the representation at the February 16 <br />meeting. <br />Chair Dickinson reaffirmed the commitment to discuss the Committee make-up <br />at the March 19 meeting. <br />IX. Discussion- 2020 Business Retention Report: Director Pierce shared <br />highlights from the report on business retention activities over approximately the <br />last year. She noted that visits are an important connection point with the <br />business community and that retention efforts are important to the business <br />climate. The outreach to businesses can be very fruitful in learning about what <br />attracted them to Louisville, what keeps them here, and what they need in <br />terms of support from the City. Staff employs a tool to ask consistent questions <br />of businesses and also to track the information from the visits. <br />The report also covered a briefing on business closures in 2020. Director Pierce <br />stated this is not yet a comprehensive count, as the data is only drawn from <br />those businesses that voluntarily closed license accounts. She plans to provide <br />additional information once Sales Tax staff has completed the 2021 license <br />renewal process and compare licenses this year to ones in place in 2020. <br />X. Discussion- Economic Vitality Strategic Plan: Due to lack of time, Director <br />Pierce noted that there were no critical updates in this report. She anticipates <br />the Committee can review the status of the plan as well as the draft scorecard <br />at the March meeting. <br />XI. Staff Updates: Director Pierce said she had no additions to the updates that <br />were presented in the agenda packet. <br />XII. Current Articles: None. <br />XIII. Next Meeting: The next regular meeting will be April 16, 2021 @ 1:30 PM. <br />XIV. Adjourn: The meeting adjourned at 3:37 PM. <br />Agenda Packet P. 6 <br />