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16.A.
City Council Meeting - FINAL
Meeting Date:
11/05/2013
From:
Kimberly Sharp, AICP, Comprehensive Planning Manager

Information

TITLE

Regional Plan Discussion #10 – Economic Development

THIS ITEM WILL NOT BE DISCUSSED PRIOR TO 7:00 P.M.

RECOMMENDED ACTION:

Staff will present a brief background of data, public comment input and policies for Ch. XIV ­Economic Development of the Flagstaff Regional Plan. Council may wish to open the discussion for public comment at this time, followed by discussion on any concerns regarding this chapter or policies to put on the 'Policy Parking Lot' list for further Council discussion, debate and decision in November and December.

INFORMATION

An Economic Development Element, although not specifically addressed in the Arizona Revised State Statutes, is regarded by the regional community as an essential planning component.  The Citizen Advisory Committee discussed the economic development element as including overall trend statistics and future goals for:
  1. Employment
  2. Tourism
  3. Airport
  4. Business Retention
  5. Overall approaches to:
    1. Increasing tax revenues and reducing tax burdens
    2. Attracting new businesses
    3. Providing greater economic stability
    4. Investing public funds to stimulate private investment
    5. Providing a foundation for long term fiscal and economic health and competiveness
    6. Relationship between development and municipal costs and revenues
 
Please see the attached power point presentation for background information and goal/policy language.

Attachments