Economic Vitality Committee Agenda and Packet 2021 11 18

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Economic Vitality Committee Meeting Minutes October 22, 2021 Page 3 of 4 feedback on the program could be received through the City's business satisfaction survey. Mayor Pro Tern Maloney was appreciative of the countywide perspective that this could potentially provide. He also commented that it's not necessary to discuss funding at this time as that can be discussed later by Council. Mayor Pro Tern Maloney wondered how the EVC can create a metric to show the impact of this program. Chair Dickinson emphasized the importance of a multi -year investment as the first year will primarily be focused on education. He also commented that this would be a great use of ARPA funds. Mayor Pro Tern Maloney requested that the funding not be included in this discussion and that feedback be focused on the intention of supporting this program. Director Pierce confirmed that there may be other funding opportunities and will move the initiative forward with EVC support. VIII. Discussion/Direction- Strategic Plan Item #1-4: Identify Priority Properties/Areas (such as Sam's Club, Kohl's, Cinebarre, and Village Square) for Focus of City Attraction Efforts or Influence to Private Redevelopment Undertakings: Director Pierce introduced the priority property discussion. 550 S McCaslin (Parcel O), 919 W Dillon Road - Mayor Pro Tern Maloney wondered whether the EVC could have conversations regarding preferred zoning on these properties. Chair Dickinson agreed that while the EVC cannot make planning or zoning decisions and policies, it is something that should be considered as part of the economic vitality discussion. Chair Dickinson questioned the role that the EVC can play when dealing with covenants. Director Pierce clarified that the role is more of a facilitator between the parties. Deputy City Manager Zuccaro added that a fiscal impact analysis, as well as collaboration and discussion with the developer can lead to more economically feasible results. 785 E South Boulder Road — Chair Dickinson questioned whether this property would be attractive to any grocery retailers given the location and proximity to other grocers. Director Pierce responded that there is a potential tenant interested in the building. 1164 W Dillon Road — Mayor Pro Tern Maloney reiterated his earlier comments and wondered whether a change in zoning would meet goals, and whether there would be Council and community support. Councilmember Leh stated that this this part of town is on the precipice of change and could be ripe for redevelopment, but also mentioned the importance of preserving some of the large commercial area. Chair Dickinson agreed that this property likely has the Agenda Packet P. 5