Business Retention and Development Committee Agenda and Packet 2019 01 15

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11: City,/ im Louisville COLORADO • SINCE 1878 BUSINESS RETENTION AND DEVELOPMENT COMMITTEE SUBJECT: DATE: 2019 BRAD POTENTIAL DISCUSSION TOPICS JANUARY 15, 2019 PRESENTED BY: AARON DEJONG, ECONOMIC DEVELOPMENT At the January 7, 1019 BRaD meeting, members requested to continue the discussion of topics or initiatives to focus on in 2019. City Council will be holding an initial discussion of their 2019 Workplan topics the evening of January 15, 2019. When published, the list of potential City Council workplan topics will be available on the following webpage: http://www.louisvilleco.gov/government/city-council/city-council-meeting-agendas- packets-minutes From the January 7, 2019 BRaD meeting: The following is a list (in no particular order) of staff developed potential topics first prepared in 2017 and updated for 2019. Staff wrote a brief synopsis for each topic to affirm each topic's intent. Continue retention visits Meeting with existing businesses provides opportunities to discuss opportunities and challenges of doing business in Louisville. The visits also serve to build working relationships between City representatives and business. Retention Visits are conducted to be an informal, subjective discussion of topics of interest to the business. The BRaD Committee has continuously been working on this topic. Review the City's Business Assistance Program (BAP) and compare to what other municipalities are doing Louisville's BAP program has been available to encourage business and retail growth for many years. Conduct a review of offered incentives and other communities programs. Also review projects that did not locate in Louisville to learn lessons from lost projects. The BRaD committee last addressed this topic in December 2017. Investigate the costs of doing business in Louisville compared to other cities How does the cost of doing business in Louisville compare to neighboring communities. Look specifically at impact Fees, utility fees, utility rates, and taxes. The BRaD committee last addressed this topic in November 2017.