Business Retention and Development Committee Agenda and Packet 2012 09 04

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Business Retention & Development Committee Meeting Minutes August 6, 2012 Page 3of 4 Planning Director, Troy Russ, reported that Phillips 66 has decided they do not want the US36 trail to go on to their property so CDOT will build the trail in the CDOT R.O.W. By not having the trail on their property, they will not meet the public land dedication as a part of the development. The land dedication is an open item again. Seakr Engineering –Company is planning to expand and move into leased space formerly occupied by Lockheed-Martin.Initial hiring will be for about 40 employees, with the plan togrow to 200 within 3 years. A Business Assistance Package is scheduled to be awarded at the August th 7Council meeting. New Commercial Buildings in Steel Ranch–RMCS and Art Underground plan to each build new buildings at the commercial pad at the Steel Ranch subdivision. Art Undergroundwill be expanding their operation into this new building, but will keep their presence in downtown. RMCS will build a speculative building for multiple tenants. A Business Assistance Package is th scheduled to be awarded at the August 7Council meeting. New building at 638 Taylor in CTC–Construction underway on a new 12,500 SF multi-tenant building in CTC located at 638 Taylor. Downtown Updates–A new business,The Singing Cook, has opened inthe 700 block of Main Street. The DBA continues to have a successful Street Faire season. Interest has been picking up for interest in new retail in the downtown area. A two-year lease has been executed with Altan Alma Organics and Radcliff Upholstery for the property on Front Street. Altan Alma plans to install small sales buildings, imported from Germany, to facilitate small farmers to come and sell product. th Grain Elevator. –Going to Council for final direction on August 7 Comp Plan and Small Area Plans -Continuing to work with the Planning staff to develop components of the Comp Plan. The recommended2013 CIP includes funding for a small area plan and wayfinding/signage study for the McCaslin/Centennial Valley and the South Boulder Road area. Drought Management Plan–A discussion was planned for this BRAD meeting, but Public Works is not ready to discuss at this time on how the Drought Management Planwould affect businesses. This item will come back in the fall/winter or when it’s the right time for Public Works staff. REPORTS FROM COMMITTEE MEMBERS – Jill Midgley thanked Scott Reichenberg for the CTC trail connection and the contribution the CTC Metro District contributed towards the project. The trail is complete, contractor working on punch- list items. Future retention visits to be focused on CTC area, businesses selected from the Business Spotlights. City Manager Fleming gave an update on the status of Xcel Energy requiring Cities to remove banners from their light poles.The City has made a request toXcelto keep the banners on the poles through the end of the year. City looking into acquiring the light poles and need pricing from