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HomeMy WebLinkAbout01/01/2000 - Report - Business Development Corporation College Station Business Development Corp. Report to City Council a . ACCOMPLISHMENTS since December 1999: • Developed and considered by-laws, officers, and presented to City Council • Presentations and discussions with EDC and City Manager regarding role and structure of Board • Joint workshop with City council • Multiple meetings for strategic planning/visioning • Draft copy of incentive guidelines • Researched and made recommendations to City Council on new business center sites • Made recommendations on incentives for retail and commercial prospects PLANNED FOR 2000- 2002: ® Define Preferred Images and Businesses Therein - FY 2001. The purpose of this issue is to define an image for the City of College Station and develop a list of types of businesses (examples)that fit that image. ® Design Incentive Guidelines - FY 2000 This strategic issue would create a set of incentive guidelines that can be used for retail, commercial, and tourism related projects for which there are no current guidelines. In addition, the board would review and make recommendations on those guidelines proposed by the EDC with specific criteria for the City of College Station. ® or With City Council, Staff, EDC And Other Committees To Pursue Desired Businesses Ongoing This strategic issue involves the 4B Corporation's assistance in providing input into the types of businesses and industries recruited into College Station ® Create An Overall Economic Development Plan for Recruitment- FY 2001-02 This Plan would include City Council objectives and all elements of the Overall Plan as defined by the adopted bylaws. ® Create a Structure For The Board-FY 2000 and as needed This strategic issue involves developing subcommittees and ad hoc committees to provide expertise and make recommendations to the Board. 6(TIE)Inventory Of Available Real Estate Assets FY 2001 and on-going updates Create a database of available real estate sites and buildings for economic development clients College Station Business Development Corp. Report to City Council 6(TIE)Create Short and Long Range Plans for Business Spaces FY 2000 thr 2002 Continue development of existing business park Continue development of new business parks (Class A and B++) Review business park design standards Create a short and long term plan for business park, retail, and commercial development including master plans 7(TIE)Explain/educate public on need for sales tax base growth. Explain 4 Corporation and Economic Development Benefits To Citizens—FY 2001 This would be an effort to inform citizens of the benefits and structure of economic development in College Station. 7(TIE)Acknowledge Expanding/Growing Local Companies - ongoing This could be done through a letter or visit by members of the board to show the City's appreciation and recognition of the City's prospering corporate citizens. Seek Input From Local Businesses and Private Developers - FY 2002 This strategic issue would provide for more targeted input concerning economic development and image in College Station Gather a"Bank of People" - FY 2002 This strategic issue would create a database of people that might be interested in moving to College Station for particular businesses recruiting employees Understand o To Define Impact of Recruited Businesses - FY 2002 The Board desires to gain a stronger understanding of the existing impact analyses system. Promote Inception Of Current Marketing Materials - FY 2000 and 200:1 Improve web page for economic development—FY 2001 The board would assist with the development of economic development marketing materials for the City of College Station with the hope of incorporating and promoting the city's targeted"image"