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<br />Memorandum <br /> <br />To: <br />From: <br />Date: <br />RE: <br /> <br />BRaD Committee <br />Bonnie Star <br />March 1, 2010 <br />Business Assistance Program discussion/review <br /> <br />Staff thought it would be good to review our current incentive program for updates/enhancements. <br /> <br />Attached for the Committee's review and consideration are the following documents: <br />1. The enabling ordinance from January 2007 that established our program <br />2. Our current criteria document <br />3. A comparison of other community's programs (uncertain as to the date of this information) <br />4. The Economic Development Agreement between the City of Lafayette and Jax. <br />5. Recap of total BAPs to date, prepared by the Finance Director. <br /> <br />Staff has a couple ideas of how to improve the program, but encourages a lively discussion of how to <br />better our competitive position when faced with the challenge of filling a vacancy like Sam's Club. <br /> <br />5 <br />