6.
City Council Work Session
- Meeting Date:
- 08/29/2017
- From:
- David McIntire, Community Investment Director
- Department:
- Economic Vitality
Co-Submitter:
TITLE:
Brief updates from area professionals regarding the Flagstaff business community. These updates will happen quarterly and this is the first quarterly update for the year.
DESIRED OUTCOME:
Council will receive information regarding the business activities that have been happening in our community.
EXECUTIVE SUMMARY:
The City of Flagstaff Economic Development Program works with several business providers, both in Flagstaff and regionally. As the economy grows and shifts over the next year there will be a series of quarterly updates in which these partners, and various business leaders or groups, will have the opportunity to provide brief updates about 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 in the community on a regular basis.
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 has been a year where change has been apparent in a number of ways. Growth is visible throughout the community in new construction of healthcare facilities, housing, and with new businesses opening, but a number of business closures also remind us that cycles are constantly in flux.
To help inform the Council, staff, and the public there will be quarterly work session updates from various community partners. In this first update, mainly economic development organizations and institutions will present, but the future updates on November 28, 2017; February 27, 2018; and May 22, 2018, will allow for more diverse representation throughout our business community. 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 three to five minutes. Obviously this time will only allow them to discuss specific items, but it is hoped that through these brief presentations, and any additional dialogue, that 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 will be quarterly work session updates from various community partners. In this first update, mainly economic development organizations and institutions will present, but the future updates on November 28, 2017; February 27, 2018; and May 22, 2018, will allow for more diverse representation throughout our business community. 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 three to five minutes. Obviously this time will only allow them to discuss specific items, but it is hoped that through these brief presentations, and any additional dialogue, that a picture of what is happening in our business community will continue to enhance everyone's knowledge and awareness.