Economic Vitality Committee Agenda and Packet 2022 03 25

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Economic Vitality Committee Meeting Minutes February 18, 2022 Page 2 of 3 residents are still dealing with pressing issues. He continued that this Forum may be a great opportunity for the business community to interact directly with staff as well as City Council. Chair Dickinson concluded that it may be helpful to have Mayor Stolzmann and members of the EVC speak as well. Councilmember Most questioned what feedback the City has received from the business community. Director Pierce explained that there was a joint Louisville, Superior, and Boulder County business impact survey which received over 100 responses from Louisville businesses. The survey sought to identify business closures, impacts to revenue, insurance issues, etc. for businesses affected by the Marshall Fire. Councilmember Fahey expressed interest in hearing what the business community may like to hear as a topic. Chair Dickinson questioned whether the Business Forum is envisioned as an annual event or semi-annual event. Director Pierce responded that two events a year would be feasible but that feedback from the first event would likely determine whether or not a second iteration would be held later this year. The Committee concurred that resiliency and recovery should be the target topic moving forward. The Committee also agreed that the location, venue, timing, and date of the event all make sense and gave direction to staff. Public comment from Rick Kron: Mr. Kron commented that having the Mayor and Committee members speak would be a good idea. He also emphasized that any outside speaker should be given a fairly short allotment of time as they may not be as in -tune with the local business community. Mr. Kron closed his comments by mentioning that morning meetings are generally better for members of the Downtown Business Association and that he would be in favor of having the Business Forum twice a year. V11. Discussion/Direction- Marshall Fire Business Impacts: Director Pierce gave an overview of the business impacts resulting from the Marshall Fire, as well as efforts in identifying and responding to these impacts. The Committee concurred with the recommended structure of reporting. Councilmember Most emphasized the work that the City has already done and encouraged continued communication. Chair Dickinson agreed and expressed his hopes that the City can continue to support businesses as the community returns to pre-COVID conditions. V111. Discussion- Economic Vitality Strategic Plan: Director Pierce confirmed that there have not been any substantive changes to the Strategic Plan since December. The Committee was supportive of Director Pierce's request to skip the Q4 2021 Strategic Plan update to City Council in favor of a Q1 2022 update. Agenda Packet P. 4