Economic Vitality Committee Agenda and Packet 2021 04 16

Home Browse Search

LL �t�'.`'f ECONOMIC VITALITY COMMITTEE Lo�x�sville COLORADO -SINCE 1878 SUBJECT: DISCUSSION/DIRECTION- BUSINESS REPRESENTATION FOR ECONOMIC VITALITY COMMITTEE DATE: APRIL 16, 2021 PRESENTED BY: MEGAN E. PIERCE, ECONOMIC VITALITY DIRECTOR 6411Ly,IJi/_1Zvi After several months of dialogue and consideration, the Economic Vitality Committee (EVC) recommended the dissolution of the Business Retention & Development (BRaD) Committee. This recommendation was considered by City Council at its February 16, 2021 meeting, at which time a Resolution was approved to dissolve the BRaD Committee. In March, Councilmembers revisited the composition of the EVC. There was a consensus to add four non -voting business representatives to the EVC as well as to invite representation from the Chamber of Commerce and the Downtown Business Association (DBA). DISCUSSION: Based on the March direction, staff prepared a process for inviting the business members, including number of representatives, criteria on eligibility, selection, and terms. Since the EVC indicated the participation of the Chamber and DBA would be distinct and the decision of those organizations, this information focuses on recruitment of the four non -voting business representatives. The EVC noted that eligibility should include business owners, commercial property owners, and residents who own businesses in the surrounding area. Attachment #1 is a draft 2021 Application for Business Member Appointment to the EVC. With EVC's consent on the outlined content, the application would be published around April 20 and allow three weeks for applicants to submit. The available appointments would be shared through the City's communication channels as well as through the Economic Vitality e- newsletter. Applications would be due May 11. To determine those recommended for appointment, EVC members will need to review applications and potentially interview applicants. The Committee should provide direction to staff about how they wish to conduct this portion of the process in terms of who wishes to participate and potential review dates. Since City Council did not specifically discuss this revised structure of a Council Committee, the EVC should advance a recommendation on the new membership once potential business representatives have been identified. If this action occurs before the end of May, then Council approval could occur in June; business members would then likely begin attending EVC meetings in either June or July. Agenda Packet P. 7