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11: City,/ <br />im Louisville <br />COLORADO • SINCE 1878 <br />BUSINESS RETENTION AND <br />DEVELOPMENT COMMITTEE <br />SUBJECT: <br />DATE: <br />2019 BRAD POTENTIAL DISCUSSION TOPICS <br />MARCH 4, 2019 <br />PRESENTED BY: AARON DEJONG, ECONOMIC DEVELOPMENT <br />At the January 15, 1019 and February 4, 2019 BRaD meetings, members requested to <br />continue the discussion of topics or initiatives to focus on in 2019. City Council held <br />their 2019 Workplan topics meeting on the evening of January 29, 2019. A copy of <br />Council's final list is attached. <br />Below is the continued list of potential discussion topics from previous meetings. The <br />following is a list (in no particular order) of staff developed potential topics first prepared <br />in 2017 and updated for 2019. Staff wrote a brief synopsis for each topic to affirm each <br />topic's intent. <br />Continue retention visits <br />Meeting with existing businesses provides opportunities to discuss opportunities and <br />challenges of doing business in Louisville. The visits also serve to build working <br />relationships between City representatives and business. Retention Visits are <br />conducted to be an informal, subjective discussion of topics of interest to the business. <br />The BRaD Committee has continuously been working on this topic. <br />Review the City's Business Assistance Program (BAP) and compare to what other <br />municipalities are doing <br />Louisville's BAP program has been available to encourage business and retail growth <br />for many years. Conduct a review of offered incentives and other communities <br />programs. Also review projects that did not locate in Louisville to learn lessons from lost <br />projects. <br />The BRaD committee last addressed this topic in December 2017. <br />Investigate the costs of doing business in Louisville compared to other cities <br />How does the cost of doing business in Louisville compare to neighboring communities. <br />Look specifically at impact Fees, utility fees, utility rates, and taxes. <br />The BRaD committee last addressed this topic in November 2017. <br />Discuss downtown parking challenges <br />Economic growth in downtown has continued since 2014. There is very little vacancy, <br />property values continue to increase, and property owners are considering redeveloping <br />their properties to create additional leasable space to accommodate current and future <br />demand. A main component in evaluating redevelopment options is satisfying the off- <br />