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HomeMy WebLinkAbout08/07/2024 - Regular Agenda Packet - City Council - Economic Development CommitteeOff" CITY OF COIJ.EGE STATION Home of Texas AerM University" College Station, TX Meeting Agenda City Council Economic Development Committee 1207 Texas Ave, College Station, TX 77840 Internet:www.microsoft.com/microsoft-teams/join-a-meeting Meeting ID: 212 106 360 968 / Passcode: KePqjh Phone: 979-431-4880 / Phone Conference ID: 162 708 628# The City Council may or may not attend this meeting. August 7, 2024 3:00 PM Visit College Station Large Conference Room Notice is hereby given that a quorum of the meeting body will be present in the physical location stated above where citizens may also attend in order to view a member(s) participating by videoconference call as allowed by 551.127, Texas Government Code. The City uses a third - party vendor to host the virtual portion of the meeting; if virtual access is unavailable, meeting access and participation will be in -person only. 1. Call meeting to order and consider absence requests. 2. Executive Session Agenda. Executive Session is closed to the public and will be held in the Visit College Station Large Conference Room. The committee may according to the Texas Open Meetings Act adjourn the Open Meeting during the agenda and return into Executive Session to seek legal advice from the City Attorney regarding any item on the agenda under Chapter 551, Texas Government Code. 2.1. Real Estate {Gov't Code Section 551.072}; Possible action. The committee may deliberate the purchase, exchange, lease or value of real property if deliberation in an open meeting would have a detrimental effect on the position of the City in negotiations with a third person. After executive session discussion, any final action or vote taken will be in public. The following subject(s) may be discussed: a. Approximately 28 acres of land generally located at Midtown Drive and Corporate Pkwy in the Midtown Business Park. b. Approximately 12 acres of land in the College Station Business Center at the intersection of Gateway Boulevard and State Highway 6. c. Approximately 1.5 acres of land located in the area of FM 60, Boyett Street, Church Avenue, and College Main Street. d. Approximately 8 acres of land located at 1508 Harvey Road. 2.2. Economic Incentive Negotiations {Gov't Code Section 551.087}; Possible action. The City Council may deliberate on commercial or financial information that the City Council has received from a business prospect that the City Council seeks to have locate, stay or expand in or near the city which the City Council in conducting economic development negotiations may deliberate on an offer of financial or other incentives for a business prospect. After executive session discussion, any final action or vote taken will be in public. The following subject(s) maybe discussed: College Station, TX Page 1 Page 1 of 33 City Council City Council Economic Development Committee a. Economic development agreement for a development generally located at the intersection of University Drive East and Tarrow Street. 3. Hear Visitors. At this time, the Chairperson will open the floor to citizens wishing to address issues not already scheduled on today's agenda. Each citizen's presentation will be limited to three minutes in order to allow adequate time for the completion of the agenda items. Comments will be received and city staff may be asked to look into the matter, or the matter may be placed on a future agenda for discussion. A recording may be made of the meeting; please give your name and address for the record. 4. Regular Agenda 4.1. Presentation, discussion, and possible action on the minutes of the Economic Development Committee meetings of February 7, 2024, and May 1, 2024. 4.2. Presentation, discussion, and possible action on the Tourism Advisory Committee meeting of May 22, 2024. 4.3. Presentation, discussion, and possible action on Summer 2024 events. 4.4. Presentation, discussion, and possible action on a entrepreneurial program. 4.5. Presentation, discussion, and possible action on a Convention Center Feasibility Analysis. 4.6. Presentation, discussion, and possible action on an Economic Development and Tourism Department update. 4.7. Presentation, discussion, and possible action on the creation of an annual Economic Development and Tourism Plan of Work. 4.8. Presentation, discussion, and possible action on economic development strategies. 5. Discussion and possible action on future agenda items. A member may inquire about a subject for which notice has not been given. A statement of specific factual information or the recitation of existing policy may be given. Any deliberation shall be limited to a proposal to place the subject on an agenda for a subsequent meeting. 6. Adjourn. The Board or Commission may adjourn into Executive Session to consider any item listed on the agenda if a matter is raised that is appropriate for Executive Session discussion. I certify that the above Notice of Meeting was posted on the website and at College Station City Hall, 1101 Texas Avenue, College Station, Texas, on August 1, 2024 at 1:00 p.m. 4.2d-k City Secre ary This building is wheelchair accessible. Persons with disabilities who plan to attend this meeting and who may need accommodations, auxiliary aids, or services such as interpreters, readers, or large print are asked to contact the City Secretary's Office at (979) 764-3541, TDD at 1-800-735-2989, or email adaassistance@cstx.gov at least two business days prior to the meeting so that appropriate arrangements can be made. If the City does not receive notification Page 2 August 7, 2024 Page 2 of 33 City Council City Council Economic Development Committee at least two business days prior to the meeting, the City will make a reasonable attempt to provide the necessary accommodations. Penal Code & 30.07. Trespass by License Holder with an Openly Carried Handgun. "Pursuant to Section 30.07, Penal Code (Trespass by License Holder with an Openly Carried Handgun) A Person Licensed under Subchapter H, Chapter 411, Government Code (Handgun Licensing Law), may not enter this Property with a Handgun that is Carried Openly." Codigo Penal & 30.07. Traspasar Portando Armas de Mano al Aire Libre con Licencia. "Conforme a la Seccion 30.07 del codigo penal (traspasar portando armas de mano al aire libre con licencia), personas con licencia bajo del Sub-Capitulo H, Capitulo 411, Codigo de Gobierno (Ley de licencias de arma de mano), no deben entrar a esta propiedad portando arma de mano al aire libre." Page 3 August 7, 2024 Page 3 of 33 August 7, 2024 Item No. 2.1. Sponsor: Michael Ostrowski, Chief Development Officer Reviewed By CBC: N/A Agenda Caption: Real Estate {Gov't Code Section 551.072}; Possible action. The committee may deliberate the purchase, exchange, lease or value of real property if deliberation in an open meeting would have a detrimental effect on the position of the City in negotiations with a third person. After executive session discussion, any final action or vote taken will be in public. The following subject(s) may be discussed: a. Approximately 28 acres of land generally located at Midtown Drive and Corporate Pkwy in the Midtown Business Park. b. Approximately 12 acres of land in the College Station Business Center at the intersection of Gateway Boulevard and State Highway 6. c. Approximately 1.5 acres of land located in the area of FM 60, Boyett Street, Church Avenue, and College Main Street. d. Approximately 8 acres of land located at 1508 Harvey Road. Relationship to Strategic Goals: Recommendation(s): Summary: Budget & Financial Summary: Attachments: None Page 4 of 33 August 7, 2024 Item No. 2.2. Sponsor: Michael Ostrowski, Chief Development Officer Reviewed By CBC: N/A Agenda Caption: Economic Incentive Negotiations {Gov't Code Section 551.087}; Possible action. The City Council may deliberate on commercial or financial information that the City Council has received from a business prospect that the City Council seeks to have locate, stay or expand in or near the city which the City Council in conducting economic development negotiations may deliberate on an offer of financial or other incentives for a business prospect. After executive session discussion, any final action or vote taken will be in public. The following subject(s) maybe discussed: a. Economic development agreement for a development generally located at the intersection of University Drive East and Tarrow Street. Relationship to Strategic Goals: Recommendation(s): Summary: Budget & Financial Summary: Attachments: None Page 5 of 33 August 7, 2024 Item No. 4.1. Minutes of Previous Meeting(s) Sponsor: Brian Piscacek, Assistant Director of Economic Development Reviewed By CBC: N/A Agenda Caption: Presentation, discussion, and possible action on the minutes of the Economic Development Committee meetings of February 7, 2024, and May 1, 2024. Relationship to Strategic Goals: Recommendation(s): Staff recommends approval of the minutes. Summary: This item includes minutes from the February 7, 2024 and May, 1, 2024 meetings. Budget & Financial Summary: N/A Attachments: 1. Minutes 2.7.24 2. Minutes 5.1.24 Page 6 of 33 COLLEGE STATION (kff CITY OF COTiFGE STATION Home of Texas ArM University® Economic Development Committee Wednesday, February 7, 2024, at 3:00 p.m. 1207 Texas Ave. College Station, TX 77840 Minutes Present: Mayor John Nichols Council Member William Wright Council Member Bob Yancy Staff Attending: Bryan Woods, City Manager Adam Falco, City Attorney Aaron Longoria, Assistant City Attorney Michael Ostrowski, Chief Development Officer Brian Piscacek, Assistant Director Economic Development Stacey Vasquez, Economic Development Coordinator 1. Call to Order. The Economic Development Committee meeting was called to order by Mayor John Nichols at 3:02 p.m. on February 7, 2024. 2. Hear Visitors. There were no visitors in attendance. 3. Agenda Items 3.1 Presentation, discussion, and possible action regarding Economic Development Committee roles and responsibilities. Michael Ostrowski, Chief Development Officer, presented on the committee's role in the City's economic development efforts. The committee discussed the frequency of meetings and ability to be flexible should the need for a special meeting arise. Page 1 Page 7 of 33 3.2 Presentation, discussion, and possible action regarding a staffing update. Michael Ostrowski, Chief Development Officer, presented organization chart for Economic Development & Tourism Department and highlighted open positions within the department. The following positions are currently vacant: two Sales Coordinator positions, one Sports Manager position, and a Business Development Manager position. 3.3 Presentation, discussion and possible action regarding marketing and recruitment activities. Brian Piscacek, Assistant Director Economic Development, provided an overview of recruitment strategy for retail and industry recruitment, partnerships with a national retail consultant, current marketing efforts including marketing collateral and website update, and business retention and expansions programs run by the department. 3.3 Presentation, discussion, and possible action regarding the January 9, 2024, Tourism Advisory Meeting. Brian Piscacek, Assistant Director Economic Development, provided a summary of Tourism Advisory Committee meeting held on January 9, 2024. 4. Discussion and possible action on future agenda items. Committee members encouraged staff to invite Susan Davenport, President and CEO of the Brazos Valley Economic Development Corporation, to a future meeting to discuss collaborative efforts. Committee members also requested a discussion regarding a process through which unsuccessful economic development projects are reviewed. 5. Executive Session Agenda. Executive Session is closed to the public and will be held in the Large Conference Room. The committee may according to Texas Open Meetings Act adjourn the Open Meeting during the agenda and return into Executive Session to seek legal advice from the City Attorney regarding any item on the agenda under Chapter 551, Texas Government Code. 5.1 Real Estate {Gov't Code Section 551.0721; Possible action. The committee may deliberate the purchase, exchange, lease or value of real property if deliberation in an open meeting would have a detrimental effect on the position of the City in negotiations with a third person. After executive session discussion, any final action or vote taken will be public. The following subject(s) may be discussed: a. Approximately 28 acres of land generally located at Midtown Drive and Corporate Pkwy in the Midtown Business Park. b. Approximately 23.5 acres of land in the College Station Business Center at the intersection of Gateway Boulevard and State Highway 6. Page 2 Page 8 of 33 c. Property generally located int eh area of FM 60, Boyett Street, Church Avenue, and College Main Street. 6. Adjourn. There being no further business, Mayor Nichols adjourned the Economic Development Committee meeting at 5:03 p.m. on Wednesday, February 7, 2024. Page 3 Page 9 of 33 COLLEGE STATION (kff CITY OF COTiFGE STATION Home of Texas A&rM University® Economic Development Committee Wednesday, May 1, 2024, at 3:00 p.m. 1207 Texas Ave. College Station, TX 77840 Minutes Present: Mayor John Nichols Council Member William Wright Council Member Bob Yancy Staff Attending: Jeff Kersten, Assistant City Manager Adam Falco, City Attorney Aaron Longoria, Assistant City Attorney Michael Ostrowski, Chief Development Officer Brian Piscacek, Assistant Director Economic Development 1. Call to Order. The Economic Development Committee meeting was called to order by Mayor John Nichols at 3:03 p.m. on May 1, 2024. 2. Hear Visitors. There were no visitors in attendance. 3. Agenda Items 3.1 Presentation, discussion, and possible action on the Tourism Advisory Committee. Michael Ostrowski, Chief Development Officer, provided a summary of Tourism Advisory Committee meeting held on March 27, 2024. 3.2 Presentation, discussion, and possible action on a policy for advertising events outside the city limits. Page 1 Page 10 of 33 Michael Ostrowski, Chief Development Officer, presented on the events calendar featured on the Visit College Station website and the proposed guidelines for approved events. Committee members discussed the potential of highlighting events outside the city limits that qualify as regional in nature. 3.3 Presentation, discussion and possible action on an entrepreneurial and/or business accelerator program. Brian Piscacek, Assistant Director Economic Development, provided an overview of engagement strategies to support the local entrepreneur ecosystem and promote economic development activities. Committee members discussed various alternatives and encouraged staff to proceed with an entrepreneurship initiative leveraging local advisors and stakeholders. 3.3 Presentation, discussion, and possible action on Citv-owned properties in business/industrial parks. Brian Piscacek, Assistant Director Economic Development, provided a summary City -owned properties designated for industrial development, including College Station Business Center and Midtown Business Park. Staff highlighted the current real estate activity relating to the remaining lots in the Business Center and discussed strategy for engagement regarding Subdistrict B of the Midtown Business Park. 4. Discussion and possible action on future agenda items. Committee members discussed economic development strategies. 5. Adiourn. There being no further business, Mayor Nichols adjourned the Economic Development Committee meeting at 4:47p.m. on Wednesday, May 1, 2024. Page 2 Page 11 of 33 August 7, 2024 Item No. 4.2. Tourism Advisory Committee Meeting Sponsor: Michael Ostrowski, Chief Development Officer Reviewed By CBC: N/A Agenda Caption: Presentation, discussion, and possible action on the Tourism Advisory Committee meeting of May 22, 2024. Relationship to Strategic Goals: • Diverse & Growning Economy Recommendation(s): Staff recommend the committee receive the presentation and provide direction as needed. Summary: This item includes a summary of discussion from the May 22, 2024, Tourism Advisory Committee meeting. Primary areas of conversation included the Christmas in College Station campaign and the anticipated tourism strategic plan RFP. Budget & Financial Summary: N/A Attachments: 1. Packet 2. Presentation 3. Minutes Page 12 of 33 COLLEGE STATION Orff CITY OF COT.T.FGE STATION Home of Texas Ae M University® Tourism Advisory Committee Wednesday, May 22nd, 2024, at 3:00 pm 1207 Texas Ave. College Station, TX 77842 1) Call to order. 2) Christmas in College Station 3) Strategic Plan RFP 4) Adjourn. Agenda Future Meetings (3:00 PM) September (TBD) Page 13 of 33 Events Calendar May 22nd, 2024 — September 1st, 2024 Event Name Meeting Dates Challenge Soccer Club Texas Shootout 5/25-5/27 WILLIAMS Xtreme Industrial Fire & Hazard Response Training 5/31-6/11 2024 Great American Shootout 5/31-6/2 Texas Youth 7v7 State Championship 6/1-6/2 Texas Cinderella State Championships 6/1-6/8 State 4-H Roundup 6/2-6/6 Summer EMPSA Residency Week 6/2-6/8 Catholic Campus Ministry Association CALLED 24 6/3-6/7 Texas Junior Simmental/Simbrah Association State Futurity 2024 6/5-6/9 MEXTOUR Soccer Match 6/8 AP Summer Institutes (APSI) - Block 1 6/9-6/13 FBI National Academy Associates Texas Chapter Conference 6/11-6/15 41@100: George HW Bush Library & Museum 6/11-6/13 Texas State Federation of Square and Round Dancers State Festival 6/13-6/16 George Strait- The King at Kyle 6/15 Texas Association of Community College Business Officers Annual Meeting 6/17-6/21 Cowart Sports & Events Softball Regional 6/20-6/22 Air Force One Aircrew and Maintenance Reunion 6/20-6/23 Texas Travel and Tourism College 6/23-6/27 AP Summer Institutes (APSI) - Block 2 6/23-6/27 Texas Hotel & Lodging Association Summer Camp 6/24-6/26 7v7 State Championships 6/27-6/29 Texas Health Occupations Association Health Science Teachers Conference 7/6-7/11 AP Summer Institutes (APSI) - Block 3 7/7-7/11 STEM Project - Block 1 7/14-7/19 North and East Texas County Judges and Commissioners Annual Conference 7/15-7/18 Texas State 4-H Horse Show 7/20-7/26 STEM Project - Block 2 7/21-7/26 Junior Olympic National Championship Track & Field 7/22-7/28 TEES Training Cohort- Bootcamp 7/28-8/2 AgriLife Extension State Conference 7/30-8/1 Texas Justice Court Training Center Impaired Driving Symposium 2024 7/31-8/2 Beef Cattle Short Course 8/4-8/7 TEES Training Cohort- Gene Therapy 8/4-8/8 TEES Training Cohort- mRNA 8/11-8/16 75th Division Veterans Association Reunion 8/21-8/25 Boomfit BCS Classic 8/23-8/25 Page 14 of 33 TOURISM ADVISORY COMMITTEE MAY 22ND, 2024 Page 15 of 33 Grow and diversify the local economy through tourism Respect Everyone Deliver Excellent Service Risk, Create, Innovate One City, One Team Be Personally Responsible Do the Right Thing Have Fun MISSION STATEMENT/ COREVALUES Page 16 of 33 AGENDA ‘/ Christmas in College Station Strategic Plan RFP Page 17 of 33 k/ Christmas in College Station HOLIDAY SEASON 2023/NOVEMBER 12th - DECEMBER 31st Page 18 of 33 Aggieland Express Explore Christmas festivities around College Station HOLIDAY DEALS PASS Earn Redeem Points with each holiday event attended or holiday themed drink purchased For exclusive Visit College Station prizes INTERESTED IN ADDING YOUR BUSINESS TO THE ASS? SCAN TO SIGN UP! Page 19 of 33 - Page 20 of 33 Marketing CHRISTMAS SHOULD BE EXTRAORDINARY. There's no pace Eke Christmas In College station for the holidays. Enjoy Santo's Wonderland, performances of Ete Nutcracker Ballet, shopping et art isal markets, ice skating. Breakfast with Santa, and much morel ' .4ramiaaansmarasiirunii.uni+ns ni■ There's no place like College Starun for the holidays. The largest outdoor Christmas attraction h the southern B.S. opens his big barn doors on November 16 Experience Sautes Wonderland and so much more at Christmas In Catege Station) MEDIA TACTICS: DIGITAL DISPL CHRISTMAS SHOULD BE EXTRAORDINARY. *4'110 F1ta , [F.ti &Wei it Ra4dtr TIFratep Plan Your Stay SOCIAL, SEARC Page 21 of 33 College Station Christmas Parade CIn' OF COLLEGE STATION Dec2,2023 KREREK TAP noAR SOUTHWEST PARK %RENEK TAP ROAD COLLEGE STATION'S INAUGURAL CHRISTMAS PARADE Saturday, Dec. 2, 2023 810 Holleman Dr. E. to 1000 Krenek Tap Rd. • PARADE 2 p.m. - Parade Line -Up Begins 4 p.m - Parade Begins 6 p.m. - Christmas in the Park! 6:30 p.m. - Lighting of the Christmas Tree! For General Questions contact: parade@cstx.gov Q PARKING ▪ Post Oak Mall ▪ Wolf Pen Creek ▪ Wolf Pen Creek Amphitheater ▪ College Station Municipal Courthouse CENTRALPARK (*'f /// Christmas in the! ark crrreof co csSrnrloN Nome afT AdM Uninniry' Page 22 of 33 Christmas in College Station Events: • NOV. 12 - DEC. 30: SANTA'S WONDERLAND • NOV. 12: JINGLE BELL MARKET • NOV. 23 - JAN 1: LIGHTS ON - CHRISTMAS IN THE PARK • DEC. 1 & 2: CHRISTMAS IN THE PARK EVENT WEEKEND • DEC. 1 & 2: NUTCRACKER BALLET • DEC. 2: BREAKFAST WITH BLUE SANTA • DEC. 2: COLLEGE STATION CHRISTMAS PARADE • DEC. 2: ST. NICK FUN RUN DEC. 3: TEXAS A&M HOTEL HOLLY JOLLY HOLIDAY MARKET • DEC. 3: JINGLE ON THE GREEN • DEC. 3: MERRY & BRIGHT MAROON & WHITE HOLIDAY STROLL DEC. 3: HOLIDAY SPIRIT OF AGGIELAND DEC. 5 & 6: CIRQUE DREAMS HOLIDAZE • DEC. 10: THE HOLIDAY POPS CONCERT • DEC. 10: AIA GINGERBREAD BUILD -OFF • AND MORE! Page 23 of 33 Christmas in College Station Hotel RevPAR RevPAR 2023 vs 2022 200.00 180.00 160.00 USATF XC 140.00 Christmas A n the Park/Parade Ale 120.00 100.00 80.00 60,00 40,00 20,00 0.00 Graduation '444011.0- 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Dec This year Last year 0LL6-G G • 65Tbr/ Tqo° Page 24 of 33 STRATEGIC PLAN RFP Page 25 of 33 FUTURE DATES September, TBD 5 6 12 13 19 20 26 27 1, WI inu Fw SAT 1 2 3 4 7 8 9 10 11 14 15 16 17 18 21 22 L$ '� 2 Page 26 of 33 COLLEGE STATION Oc," CITY of COLLEGE STATION Home of Texas A&M University' Tourism Advisory Committee Wednesday, May 22nd, 2024, at 3:00 pm 1207 Texas Ave. College Station, TX 77840 Minutes Present: Bob Holzweiss, Cortney Phillips, Jenny Davis, Salim Ismail, Greg Stafford, Hunter Goodwin (virtual) Absent: Rebekka Dudensing, Bill Peel, Hege Kalaouze Staff Attending: Bryan Woods, Michael Ostrowski, Jeremiah Cook 1) Call to order. 2) Christmas in College Station a. Staff presented an update on the Christmas in College Station campaign. Staff also presented an update on the current agreement status between the City of College Station and Santa's Wonderland. b. Tourism Advisory Committee members discussed recommendations on potential changes to the Santa's Wonderland agreement. Members also discussed a Christmas event grant program and further collaboration with Texas A&M to help grow tourism in College Station. 3) Strategic Plan RFP a. Staff presented an update on the Strategic Plan Request for Proposal. b. Tourism Advisory Committee members agreed to submit any recommended changes via email after the meeting due to time constraints. 4) Adjourn. Page 27 of 33 August 7, 2024 Item No. 4.3. Update on Summer 2024 Events Sponsor: Michael Ostrowski, Chief Development Officer Reviewed By CBC: N/A Agenda Caption: Presentation, discussion, and possible action on Summer 2024 events. Relationship to Strategic Goals: • Financial Sustainability • Diverse & Growing Economy • Sustainable City Recommendation(s): Staff recommends that the committee receive the presentation. Summary: Staff will provide an update on the Summer 2024 events, including hotel numbers from the MexTour soccer match and George Strait concert. Numbers from USA Track and Field event will be provided if information is available. Budget & Financial Summary: N/A Attachments: None Page 28 of 33 August 7, 2024 Item No. 4.4. Entrepreneurial Program Sponsor: Brian Piscacek, Assistant Director of Economic Development Reviewed By CBC: N/A Agenda Caption: Presentation, discussion, and possible action on a entrepreneurial program. Relationship to Strategic Goals: • Financial Sustainability • Diverse & Growing Economy • Sustainable City Recommendation(s): Staff recommends that the committee receive the presentation and provide direction as needed. Summary: Staff have continued to explore an entrepreneurial program to support business innovation and the local entrepreneur stakeholder ecosystem. This item will serve as an update to the current efforts, including attendance at local entrepreneur events, meetings with various internal and external stakeholders, and engaging with a business incubator/innovation center on a digital platform. Budget & Financial Summary: N/A Attachments: None Page 29 of 33 August 7, 2024 Item No. 4.5. Convention Center Feasibility Analysis Sponsor: Michael Ostrowski, Chief Development Officer Reviewed By CBC: N/A Agenda Caption: Presentation, discussion, and possible action on a Convention Center Feasibility Analysis. Relationship to Strategic Goals: • Financial Sustainability • Diverse & Growing Economy • Sustainable City Recommendation(s): Staff recommends the committee receive the presentation and provide direction as needed. Summary: Staff recently drafted and released a Request for Proposals for a Convention Center Feasibility Analysis. The study will provide an analysis of convention, conference, cultural, sporting, and performing arts markets and identify the characteristics necessary for the city of College Station to effectively compete. The tasks conducted will identify issues related to this competitive environment and illustrate local, regional, national, and global trends related to supply and demand, event needs, and destination requirements including an analysis of the hotel market. The consultant will prepare a summary report that will utilize the results of the market demand analysis and will include the recommended building program, facility utilization, site selection evaluation, financing options, operating revenue and expenses, development cost analysis, economic impact analysis, and determine the return on investment (ROI). Proposals are due September 5, 2024, after which, staff will review and recommend a consultant and contract for consideration to the City Council. Budget & Financial Summary: N/A Attachments: None Page 30 of 33 August 7, 2024 Item No. 4.6. Economic Development and Tourism Department Update Sponsor: Michael Ostrowski, Chief Development Officer Reviewed By CBC: N/A Agenda Caption: Presentation, discussion, and possible action on an Economic Development and Tourism Department update. Relationship to Strategic Goals: • Diverse & Growing Economy Recommendation(s): Staff recommend that the committee receive the presentation. Summary: Staff will provide an update on the current staffing levels within the Economic Development and Tourism Department. As of the date of this report, one vacancy exists within the department, the Business Development Manager. This position assists in leading advanced economic development initiatives, which include a heavy emphasis on business retention and expansion, industry recruitment, and entrepreneurial development. The position was recently posted for recruitment. Since April 2024, the department has filled the following positions: Sales Coordinator (Sports), Sales Coordinator (Conventions), Sports Manager, and Marketing Manager. The FY2025 Proposed Budget has an SLA for a Servicing Coordinator, which would bring the total number of positions within the department to 19. Budget & Financial Summary: N/A Attachments: None Page 31 of 33 August 7, 2024 Item No. 4.7. Economic Development and Tourism Plan of Work Sponsor: Michael Ostrowski, Chief Development Officer Reviewed By CBC: N/A Agenda Caption: Presentation, discussion, and possible action on the creation of an annual Economic Development and Tourism Plan of Work. Relationship to Strategic Goals: • Financial Sustainability • Diverse & Growing Economy • Sustainable City Recommendation(s): Staff recommends that the committee receive the presentation and provide direction as needed. Summary: Staff is in the process of creating the Plan of Work for FY 2025. The Plan of Work is a plan to track key projects and emphasize critical strategies across the department, including economic development, tourism sales and servicing, events, and marketing. These projects typically go beyond daily operations and can span a longer time horizon. Staff will present some projects for discussion by the committee. Budget & Financial Summary: N/A Attachments: None Page 32 of 33 August 7, 2024 Item No. 4.8. Economic Development Strategies Sponsor: Michael Ostrowski, Chief Development Officer Reviewed By CBC: N/A Agenda Caption: Presentation, discussion, and possible action on economic development strategies. Relationship to Strategic Goals: • Financial Sustainability • Diverse & Growing Economy • Sustainable City Recommendation(s): To discuss strategies related to economic development. Summary: To discuss strategies related to economic development. Budget & Financial Summary: Attachments: None Page 33 of 33