6.
City Council Work Session
- Meeting Date:
- 02/26/2018
- From:
- David McIntire, Community Investment Director
- Department:
- Economic Vitality
Co-Submitter:
TITLE:
Brief Updates from Area Professionals Regarding the Flagstaff Business Community.
DESIRED OUTCOME:
Council will receive information regarding the business activities that have been happening in our community. For this particular update, Council will receive information on the Bed, Board, and Beverage (BBB) tax through a video and brief presentations from stakeholders that participate in the BBB.
EXECUTIVE SUMMARY:
The City of Flagstaff Economic Development Program works with several business and service providers in Flagstaff and regionally. As the economy grows and shifts over the year, there will be a series of quarterly updates in which these partners, and various business leaders and groups, will have the opportunity to provide brief updates regarding their efforts, successes, observations, and challenges in the business sector. The intention is to provide Council, and the public, an opportunity to hear more about what is happening within the community. These updates will happen quarterly and this is the first of 2018. For this first update of 2018, there will be a focus on the Bed, Board, and Beverage (BBB) tax.
INFORMATION:
The Flagstaff economy is complex and always shifting. It, like all economies in our system, adapts to new influences ranging from the international stage to individual consumer trends and preferences. As markets, behaviors, rules, regulations, technology, and infrastructure change, Flagstaff's economy adjusts as well. This is a time where change has been apparent in a number of ways. Growth is visible throughout the community in the new construction of healthcare facilities, housing, and with new businesses opening; however a number of business closures also remind us that cycles are constantly in flux.
To help inform the Council, staff, and the public, there are quarterly work session updates from various community partners and businesses. In this third update, we will present a new video that explains the BBB funds and receive presentations from Fred Reese, General Manager with Little America Hotel and Karan Patel, local business owner. The next update is scheduled for May 22, 2018. Out of respect for the number of organizations working on these issues, and the Council's working calendar, each presenter has been asked to keep their presentations brief. Obviously, this time will only allow them to discuss specific items, but it is hoped that through these brief presentations, and any additional dialogue, a picture of what is happening in our business community will continue to enhance everyone's knowledge and awareness.
To help inform the Council, staff, and the public, there are quarterly work session updates from various community partners and businesses. In this third update, we will present a new video that explains the BBB funds and receive presentations from Fred Reese, General Manager with Little America Hotel and Karan Patel, local business owner. The next update is scheduled for May 22, 2018. Out of respect for the number of organizations working on these issues, and the Council's working calendar, each presenter has been asked to keep their presentations brief. Obviously, this time will only allow them to discuss specific items, but it is hoped that through these brief presentations, and any additional dialogue, a picture of what is happening in our business community will continue to enhance everyone's knowledge and awareness.