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RESOLUTION NO. 7 <br />SERIES 2007 <br />A RESOLUTION CONCERNING THE MEMBERSHIP, GOALS AND <br />RESPONSIBILITIES OF THE BUSINESS RETENTION & DEVELOPMENT <br />COMMITTEE <br />WHEREAS, the City Council has previously organized the Business Retention & <br />Development Committee as an advisory committee of the City Council; and <br />WHEREAS, City Council by this resolution desires to set forth certain provisions <br />regarding membership, goals and responsibilities for the Business Retention & Development <br />Committee, which serves as advisory committee of the City Council; <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br />OF LOUISVILLE, COLORADO: <br />Section 1. The Business Retention & Development Committee (the "Committee ") shall <br />be an advisory committee of the City Council. The Committee shall consist of seven (7) members, <br />as follows: <br />Three members of City Council <br />One member of the Planning Commission (Commission) <br />One representative from the Louisville Revitalization Commission (LRC) <br />One representative from the Louisville Chamber of Commerce (Chamber) <br />One representative from the Downtown Business Association (DBA) <br />Appointment or removal of Committee members shall be by an affirmative vote of a majority of the <br />entire City Council, with the representatives of the Commission, LRC, Chamber and DBA to each <br />be as forwarded to the City Council by such respective entities. Members shall not serve fixed <br />terms and shall serve until there successors have been appointed. A member's membership shall <br />automatically terminate if such person ceases to be a member or representative of the designated <br />entity for which the member was appointed. <br />Section 2. The Committee shall serve in an advisory capacity to City Council on <br />matters of interest to the City and City Council concerning business retention and development. <br />The BRaD Committee's goals and responsibilities include, but are not limited to following: <br />Facilitate economic development in Louisville <br />Improve communications between the City and local business community <br />Share insights regarding local economic conditions <br />Serve as a sounding board for City proposals that could impact local businesses <br />Gather information regarding the needs and priorities of businesses with respect to <br />business retention and development issues <br />Provide input on proposed programs related to business retention and development <br />1 <br />18 <br />