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REQUEST FOR LA PORTE DEVELOPMENT CORPORATION AGENDA REQUEST FOR LA PORTE DEVELOPMENT CORPORATION AGENDA
<br />ITEMITEM
<br />September 30, 2015September 30, 2015AppropriationAppropriation
<br />Agenda Date Requested:Agenda Date Requested:
<br />Source of Funds:Source of Funds:
<br />Scott D. LivingstonScott D. Livingston
<br />Requested By:Requested By:
<br />Account Number:Account Number:
<br />Economic Development/TourismEconomic Development/Tourism
<br />Department:
<br />Amount Budgeted:Amount Budgeted:
<br />Report:Resolution:Resolution:Ordinance:Ordinance:
<br />Amount Requested:Amount Requested:
<br />Exhibits:
<br />Budgeted Item:Budgeted Item:YESYESNONO
<br />1. Board Member responses Board Member responses
<br />SUMMARY & RECOMMENDATIONSSUMMARY & RECOMMENDATIONS
<br />Based upon the momentum and previous direction of the Board and City Council, staff drafted and the Board Based upon the momentum and previous direction of the Board and City Council,
<br /> staff drafted and the Board
<br />approved the budget for FY 2015approved the budget for FY 2015--2016. Considering some of the recent discussions regarding incentives for both 2016. Considering some of the recent
<br /> discussions regarding incentives for both
<br />new and expanding businesses, staff felt like it would be prudent to understand any changes in direction that the new and expanding businesses, staff felt like it would be prudent to
<br /> understand any changes in direction that the
<br />Board might wish to make in the new fiscal year. The budget for FY 2015Board might wish to make in the new fiscal year. The budget for FY 2015--2016 does allow for some flexibility
<br /> to 2016 does allow for some flexibility to
<br />accommodate changes in the Boardaccommodate changes in the Boards preferences. s preferences.
<br />Staff will use all input and direction from the Board during tonightStaff will use all input and direction from the Board during tonights meeting to create a Plan of Work for the next
<br /> s meeting to create a Plan of Work for the next
<br />fiscal year. Any direction to which the Board may make a commitment for the next 1fiscal year. Any direction to which the Board may make a commitment for the next 1--3 year may be
<br /> used to 3 year may be used to
<br />create an Economic Development Strategic Plan, which is an important cornerstone of any professional economic create an Economic Development Strategic Plan, which is an important cornerstone
<br /> of any professional economic
<br />development organization. If the Board wishes to pursue certification as an Accredited Economic Development development organization. If the Board wishes to pursue certification as
<br /> an Accredited Economic Development
<br />Organization (AEDO), an ED Strategic Plan is required. Organization (AEDO), an ED Strategic Plan is required.
<br />In preparation for tonightIn preparation for tonights meeting staff asked the Board to identify which projects you would like to undertake in s meeting staff asked the Board to identify
<br /> which projects you would like to undertake in
<br />the next 1the next 1--3 years and list the projects in order of preference from most important to least important. Staff 3 years and list the projects in order of preference from most
<br /> important to least important. Staff 3 years and list the projects in order of preference from most important to least important. Staff 3 years and list the projects in order of preference
<br /> from most important to least important. Staff
<br />compiled the Board memberscompiled the Board membersresponses in the enclosed spreadsheet. responses in the enclosed spreadsheet.
<br />Therefore, please give staff direction about the economic development initiatives that you would like for staff to Therefore, please give staff direction about the economic development
<br /> initiatives that you would like for staff to
<br />pursue in the new fiscal year and/or the next 1pursue in the new fiscal year and/or the next 1--3 years. The proposed range of projects are as follows: 3 years. The proposed range
<br /> of projects are as follows:
<br />Attract/Create Primary Jobs (i.e. these are not retail jobs; these are jobs in industry, office, research, etc. Attract/Create Primary Jobs (i.e. these are not retail jobs; these are
<br /> jobs in industry, office, research, etc.
<br />as highlighted in yellow in the attached file)as highlighted in yellow in the attached file)
<br />Attract/Expand the Tax Base (i.e. real property, business personal property, retail sales, hotel/motel, liquor, Attract/Expand the Tax Base (i.e. real property, business personal property,
<br /> retail sales, hotel/motel, liquor,
<br />etc.)
<br />Quality of Life Projects (i.e. including, but not limited to parks, trails, conference center, multiQuality of Life Projects (i.e. including, but not limited to parks, trails, conference
<br /> center, multi--use events use events
<br />centers, etc.)centers, etc.)
<br />Retail
<br />RestaurantsRestaurants
<br />Family Oriented Entertainment (i.e. including, but not limited to waterpark(s), full service hotel/resort, live Family Oriented Entertainment (i.e. including, but not limited to waterpark(s),
<br /> full service hotel/resort, live
<br />entertainment, etc.)entertainment, etc.)
<br />Office
<br />Research and Development (i.e. this technically would be a subset of attracting/creating primary jobs, but in Research and Development (i.e. this technically would be a subset of attracting/creating
<br /> primary jobs, but in
<br />Economic Development, this is often a specialized initiative)Economic Development, this is often a specialized initiative)
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