Economic Vitality Committee Agenda and Packet 2022 06 17

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Economic Vitality Committee Meeting Minutes May 20, 2022 Page 3of4 Public Comment from Rick Kron: Mr. Kron requested that the Downtown Business Association (DBA) be notified once the survey results have been posted online. VIII. Discussion- Economic Vitality Strategic Plan: Director Pierce summarized the changes to the Economic Vitality Strategic Plan, including the updated matrix. Director Pierce commented that most major initiatives for 2022 are either already in process or will be feasible to begin. Action #54 will possibly be delayed pending the final bag tax revenue amount, as this revenue will fund the pilot program. Councilmember Most questioned whether there are resources available from Partners for a Clean Environment (PACE) for implementing the pilot program. Director Pierce responded that staff is working with PACE and will continue to seek their input regarding the pilot program. Councilmember Most asked why Action #1-4 is slated for Q4 2022 and whether it should be an ongoing action. Director Pierce responded that while staff is always working on this item, there was not clear direction given from City Council regarding specific attraction efforts for these properties in late 2021. IX. Staff Updates: Director Pierce commented that Chase Bank will be closing its location at 833 Main Street, but that staff has not received any indication of future plans at this time. Yoga Junction (formerly 927 Main Street) is under new ownership and will be relocating to 1065 Courtesy Road, which has never been occupied. The new owner has already signed a lease and is therefore not eligible for BAP assistance. Staff approved three new administrative BAP applications for Scherer Violin, The Exercise Coach, and The Simon LLC. The Louisville Revitalization Commission (LRC) approved five Fagade Improvement Program requests in May. Councilmember Most wondered whether the Chase Bank property could be an opportunity for new small retail development. X. Recent Articles: No comments. XI. Next Meeting: The next regular meeting will be June 17, 2022 @ 1:30 PM and is anticipated to include a report on the Business Satisfaction Survey results. Chair Dickinson wondered how to involve the business community in discussions about commercial building code changes and 30% affordable housing. Director Pierce confirmed that Planning is handling the research and engagement of the commercial building code changes and that Economic Vitality has provided recommendations regarding engagement with the business community. Councilmember Most questioned whether it would be appropriate to include the business community in engagement efforts without doing the same for the rest of the community who may also be impacted. Acting Agenda Packet P. 5