Business Retention and Development Committee Agenda and Packet 2009 08 03

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City Council Study Session Summary July 6, 2009 Page 3 of 4 OFF PREMISE SIGNAGE Members discussed the sign code that prohibits off premise signage for Louisville. Increased visibility is beneficial to the City and would provide more exposure to tax generators. Louisville should ensure quality before quantity, and consider generic signage. Members expressed concern that allowing signs off premise for businesses would change the character of Louisville. A generic sign with a “Shop Louisville” venue would capture US 36 traffic. Members discussed concerns of third party agreements that leave out the City, as well as taking care Members requested work on a not to promote one business over another. proposal to be considered by the City. FIBER OPTIC SERVICE AT CTC Freeman discussed the advantages of having a Fiber Optic ring through CTC. The ring would promote the park and attract companies. Trenches have already been built and Level 3 has the ability to go through park. Providing a fiber ring in the CTC area would provide a marketplace advantage and retain business. Companies consider internet connection and power when deciding on a location. Freeman encouraged the City to collaborate in discussions with Level 3, and take advantage of current Dillon Road construction. Another possibility would be to offer rebates. Out of state companies are looking at the CTC corridor area, but at this time buildings elsewhere are easier to finance and provides fiber optics to businesses. FITZSIMMONS/ANSCHUTZ FIELD TRIP Purpose would be to gather information and facts and review a location where a large employer built a campus. Meeting will be posted for the public. The field rd trip is scheduled for approximately 2 hours. September 3, Thursday, was th selected as the primary date, with September 17 as a back up date. Bonnie will poll members as to their preferences. RETENTION VISIT REPORTS ITEA Concilor Dalton summarized the visit to ITEA, They are interested in providing a presentation to educate the community. Fastenal – This is hardware store located in CTC, Deb noted they are happy in Louisville, but expressed some concerns about internet speed and desired better snow plow response. Empire – Bonnie passed on their desire to hold Thursday night happy hours for specific Louisville businesses to get their name out and make the connection between employers and downtown. Medtronics – postponed.