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HomeMy WebLinkAboutCity Council Resolutions (R-04-2329)-03/02/2004 RESOLUTION R-04-2329 A RESOLUTION APPROVING AN ECONOMIC DEVELOPMENT WORK PLAN WHEREAS, the economic development is a primary initiative of the City Council for FY2004; and WHEREAS, the City Council appointed a nine-member Economic Development Task Force to assist the City in developing an Economic Development Work Plan for the purpose of creating an environment and opportunities that promotes expansion and diversification of Colleyville's retail tax base. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COLLEYVILLE, TEXAS: Sec. 1. THAT the City Council hereby approved an Economic Development Work Plan, hereby attached as Exhibit "An. AND IT IS SO RESOLVED. PASSED BY A VOTE OF S AYES, o ABSTENTIONS ON THE .:J.,AAJ{ 2004. o NAYS AND DAY OF ~ a...u:..., ~~~~ Cynthia Singleton, TRMC Secretary Charting a Course for Colleyville)s Future An Economic Development Work Plan A general slowing of Colleyville's residential development is expected to occur over the next several years. While residential homebuilding will not come to a complete end, the focus is expected to shift to specific redevelopment of existing properties. Economic development has for a number of years been a focus of attention for Colleyville's elected leaders with this trend adjustment. Attention to growing the retail sector of the community was given focus as a top priority for the City Council during its annual planning session held June 2003. The attention is recognition of the need to expand the tax base (both commercial and sales), attraction of quality retailers, and assist current retailers. Successful economic development is not an accident; it is the result of careful planning that considers a community's needs, wishes, and vision. Wanting to create a well-crafted plan, the City of Colleyville appointed a nine member Economic Development Task Force in September 2003. Augmenting the committee was the appointment of forty adjunct members to assist the main committee. The group met for ninety days and presented a report of their findings for City Council consideration in November. The committee looked at many aspects of Colleyville. A worksession with the committee and the City Council (held in January 2004) concluded in key initiatives being focused on for further work efforts. A work plan was assembled by staff to address the points of discussion and agreement from the work session on where to proceed in furthering Colleyville's retail opportunities. The initiatives identified in the work plan are provided in no particular order. A simple, yet encompassing, vision can be drawn from the work session discussion: To create an environment and opportunities that promotes expansion and diversification of Colleyville's retail tax base. The strategic planning process for Colleyville is not complete - it has only begun. Strategic planning is like "a race with no finish line." As the various public and private organizations in the city begin to flesh out the strategic actions and attempt to implement them, it will become clear that modifications and adjustments may be necessary. Because strategic planning is a long-term process, some of the objectives and actions will take a number of years to complete. As these work items are met, there will be undoubtedly new initiatives identified in the years to come. Also, with the hiring of an Economic Development Director, the work plan may need modification for additional items and initiation dates. Economic development activity is often closely associated with aggressive marketing for "prospect development." However, the percent of commercial sites limits the opportunity for large retailers. On the other hand, the quality of life, strong income demographics, and intensive psychographies of the immediate trade area provide Colleyville with the opportunity to pursue key retailers. The successful attraction of these retailers is as much about marketing as it is about creating the proper environment within which these stores can flourish. Therefore, part of the role of economic development efforts has to be focused on facilitating a system that is supportive to retail developers and business start-ups. This requires working closely with city departments, the state highway department, business interest groups, local educational institutions, and the business community to create programs and activities as well as the infrastructure to stimulate retail development. Maintaining a resilient economy requires planning. While we cannot always predict economic cycles, we know that City programs should encourage efforts to increase the opportunities for today's businesses, while expanding the possibilities for future entrepreneurs. Land use planning, permitting processes, infrastructure development and related efforts of the City will influence future business development. This economic development work plan outlines the role of the City of Colleyville for the next couple of years. The ultimate success of this community planning process depends on how well elected officials, staff, businesses, and residents stay committed. The plan by itself is worthless. Its values lie in each of the stakeholders staying the course. The City of Colleyville's leadership has taken the first steps towards proactively responding to the opportunities before the community. The next steps have been defined, and so the journey begins. Goal A: Foster an entrepreneurial network promoting innovative and healthy businesses in Colleyville Objective #1: To increase the networks and connections among Colleyville businesses and with regional-state-national businesses and developers/brokers. Actions: Retain a professional Economic Development Director Who: City staff When: Complete by 3rd quarter 2004 Actions: Evaluate operational needs and provide draft budget identifying staffing and marketing opportunities for FY 2005 expansion Who: City Staff for Council consideration When: Complete by 2nd quarter 2004 Actions: Research and prepare an Incentive Policy that is "to beatn for area cities. It could include abatements, grants, fee waivers, regulatory streamlining, etc. Who: City staff for Council consideration When: Present to Council by 3rd quarter 2004 Actions: Update and expand community profile information on the web site with emphasis on integrating GIS and property site information Who: City staff When: Initiate and continue regular updates by 2nd quarter 2004 Objective #2: Provide a "Business Support Plan" to encourage active networks and business events in Colleyville Actions: Develop an easy to use "How To" information packet for operating a business in Colleyville (starting, expanding or relocating). Who: City staff When: Complete by 4th quarter 2004 Actions: Target twelve existing businesses per quarter focusing on building working relationships between the City. Who: City Staff When: Initiate and continue 3rd quarter 2004 Actions: Interview companies that either close or choose not to locate in Colleyville by focusing on their business decisions. Who: City Staff When: Initiate and continue 3rd quarter 2004 Goal B: To support business development through: efficient land use; effective transportation systems; targeting land (re) development; and providing adequate infrastructure to the benefit of present and future. Objective #1: Evaluate the Master Plans to preserve and maintain areas that allow for commercial uses Actions: Review the Land Use Master Plan for commercially viable areas and provide attention to areas that have potential conflict with residential areas Who: When: Planning and Zoning Commission and City Council Complete by 3rd quarter 2004 Actions: Prepare report for City Council identifying zoning use tables (particularly SUP requirements) for commercial activities compared to area cities Who: When: Planning and Zoning Commission and City Council Initiate by 4th quarter 2004 Actions: Review the thoroughfare planning standards to support viable commercial and residential corridors by identifying adequate ROW, sidewalk-trail opportunities and open space. Who: Capital Improvement Advisory Committee, Sidewalk Committee, Parks Board, Planning and Zoning Commission, and City Council When: Complete by 1 st quarter 2005 Actions: Review zoning standards provided in the "big box" ordinance for consistencies with other city standards and/or other ways of implementation through incentive Who: Planning and Zoning Commission and City Council When: Complete by 4th quarter 2004 Actions: Review developing incentives to promote developing at higher requirement standards to foster an environment of creating an "opportunity for quality by incentives.n Who: Planning and Zoning Commission and City Council When: Complete by 4th quarter 2004 Objective #2: Provide aesthetically pleasing corridors to shopping districts that respond to traffic demands Actions: Identify transportation corridors with attention to drivability and landscaping amenities. Who: City staff When: Complete by 4th quarter 2004 Goal C: Colleyville's planning, zoning, and permitting process facilitates sustained and positive development of properties. Objective #1: Review the development process to strengthen and improve the efficiency with a goal of eliminating and combining steps Actions: Coordinate regular meetings with builders, developers, contractors, and engineers to identify changes in the LDC for flexibility and common sense in the application of code requirements Who: City Staff When: Initiate and continue regular meetings by 2nd quarter 2004 Actions: Convene regular business roundtables with business, civic, educational, and city organizations to promote active involvement in city business oversight. Who: City Staff When: Initiate and continue regular meetings by 2nd quarter 2004 Actions: Prepare a report identifying opportunities to utilize the internet and computer technology, where practical, to improve the development process for both the City and business Who: City Staff When: Complete by 4th quarter 2004 Actions: Cross-reference of retired corporate volunteers for assisting start up businesses Who: City Staff with support by community business groups When: Initiate by 3rd quarter 2004 and ongoing implementation Actions: Prepare an economic development strategic plan Who: City Staff with support by community business groups When: Initiate by 3rd quarter 2004 and complete within one year Goal D: Present an image of Colleyville as a great place to live and do business Objective #1: To develop long-term active working relationships between business organizations, community groups, public agencies and elected leadership. Actions: Promote business connections to schools, parks and community events by encouraging business groups to be actively involved in community activities and festivals Who: City Staff When: Ongoing implementation Actions: Convene a regular roundtable of business leaders, elected officials and community groups to discuss current business and job issues, provide a forum for businesses to express concerns and to strengthen relationships. Who: City Staff with support from community business groups When: Initiate by 3rd quarter 2004 and ongoing implementation Objective #2: Prepare a focused informational program targeted to prospective retailers, real estate brokers, and developers Actions: Identify costs to retain a consultant to develop a community "brandingn and market message for FY 2005 budget funding Who: City Staff When: Complete by 3rd quarter 2004 Actions: Retain the Buxton Group or a similar firm to determine the trade area and corresponding retail spending opportunities for retailers Who: City Staff with support by consultant When: Complete by 2nd quarter 2004 Actions: Host and participate in regular brokerage tours promoting retail opportunities Who: City Staff with support with area brokers When: Initiate by 4th quarter 2004 and ongoing implementation Goal E: Colleyville Boulevard should be redeveloped to maximize its full potential as a central business corridor. Objective #1: Review existing land uses and businesses along the SH26 corridor that are non-conforming for redevelopment opportunities. Actions: Work with property and business owners to identify specific opportunities and constraints to improving appearance of buildings through educational seminars Who: City Staff When: Initiate by 4th quarter 2004 Actions: Identify properties that have low maintenance and develop accompanying regulations by Evaluating existing regulations Developing an incentive program to assist costs of bringing properties into compliance Who: City Staff When: Initiate by 2nd quarter 2004 Objective #2: Use the opportunity of highway improvements to seek state- federal funding to enhance SH26. Actions: Provide entry signage that provides a "branding" opportunity Who: City Staff and SH26 Advisory Committee When: Ongoing implementation as part of SH26 project Actions: Develop design for landscaping elements along the corridor Who: City Staff and SH26 Advisory Committee When: Ongoing implementation as part of SH26 project Actions: Incorporate greenways and pedestrian corridors along the corridor with attention of providing cross-connections at key locations Who: City Staff and SH26 Advisory Committee When: Ongoing implementation as part of SH26 project Actions: Identify funding costs for the possible relocation of overhead utility lines and funding for landscaping Who: City Staff, City Council and SH26 Advisory Committee When: Ongoing implementation as part of SH26 project Actions: Prepare action plan to assist businesses during construction period minimizing business interruption, maximizing visibility, and consider zoning regulations to minimize non-compliance Who: City Staff When: Initiate by 1 st quarter 2005