M E M O R A N D U M  04-112

 

TO:                  MAYOR AND COUNCIL

 

FROM:            RICK LADD, COUNCILMEMBER

 

DATE:             JULY 28, 2004

 

RE:                   ECONOMIC DEVELOPMENT ADVISORY COMMISSION

 

Successful economic development in keeping with the City’s Comprehensive Plan and community growth is basic to Homer’s future.  Numerous concepts/ideas, projects, and needs to increase employment, to improve and provide for basic public infrastructure, to enhance cultural and educational amenities, and to attract and develop year-round industries have been suggested or presented to the City of Homer for consideration. 

 

Although the City Comprehensive Plan provides goals, objectives, and action items for the next 3-5 years (1999) regarding land use, it is important that the City facilitates the successful “implementation of an economic growth plan.”  (Homer Comprehensive Plan Update)

 

The City of Homer has limited personnel and economic resources, and in order to support economic development in a responsible and business-like manner, Chapter 1.78, City Code, establishes the Economic Development Advisory Commission.

 

The Mayor and Homer City Council last discussed the Economic Development Advisory Commission in December 2003, but at that time the Economic Development Advisory Commission was viewed as unnecessary as economic data and information could be developed by other existing commissions and submitted to the Council for review and use.  Due to other prioritized tasks and business, this process has not occurred, and in order to assist the City of Homer with needed economic development information and projections,

 

IT IS AGAIN RECOMMENDED THAT:

 

The Economic Development Advisory Commission be activated for the purpose of advising the City Council on matters of overall economic development as identified in present City Code, 1.78.040.  The Commission shall be identified and function in accordance with Chapter 1.78, Homer City Code.

 

 

 

 

Page Two

Memorandum 04-112

City of Homer

 

 

IT IS FURTHER RECOMMENDED THAT:

 

The Economic Development Advisory Commission will review the Overall Economic Development Plan as adopted by the City Council on April 26, 1993, and in light of current economic conditions within the State and City, make prioritized recommendations based upon economic data and information to guide, enhance, and support timely economic development, both public and private.

 

 

 

Fiscal Note: Staff time, Overtime, Advertising Time, Recording Clerk Time, Unbudgeted