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Economic Vitality Committee Agenda and Packet 2022 05 20
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Economic Vitality Committee Agenda and Packet 2022 05 20
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5/18/2022 5:09:56 PM
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5/18/2022 9:11:39 AM
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City Council Records
Meeting Date
5/20/2022
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Boards Commissions Committees Records
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Why Is This <br />Important? <br />About 25% of businesses do not reopen <br />after disasters. Having an emergency disaster plan <br />and a continuity of operations plan in place can reduce that <br />risk and help the business recover faster. FEMA/October30, 2018 <br />Only 54% of organizations have a <br />company -wide disaster recovery plan in <br />place. <br />Security Magazine - iland Research/June 29, 2021 <br />61% of small business owners lack a <br />formal disaster recovery plan; 56% of <br />small business owners say they could <br />survive a closure lasting more that <br />month. lnsureon - Manta Research <br />
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