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HomeMy WebLinkAbout2023-04-26 EDAC Minutes ECONOMIC DEVELOPMENT ADVISORY COMMITTEE MINUTES April 26, 2023 City of Kitchener An in-personmeeting of the Economic Development Advisory Committee was held at 11:00 a.m. on April26,2023.Chaired by Chuck Howitt. Present:Chuck Howitt,Margaret Johnston, Paul Kreutner, Matt Kruschack, Laura Rodriguez Reyes, Dave Schnider, Barclay Whittaker Absent:Ali Akbar, Ben Campbell, Srikanth Desikackar,Jason Malfara, Keean Sarani, Paul Singh, Mark Bingeman, Joe Curto, Oanh Kasperski, Graham Trusler Staff: Darren Becks, Brian Bennett, Cory Bluhm, Cameron Dale, Katelyn Remus, Emily Robson Discussion Items 1.Welcome,Disclosure of Pecuniary Interest and the General Nature Thereof, Approval of MarchMinutes No pecuniary interests disclosed. Minutes were not approved as quorum was not reached. 2.Key Performance Indicators (KPIs)- Measuring success of economic development investments C. Bluhm spoke to the committee about measuring the success of economic development investments. Questions asked: 1) How do we know our community's economy is improving 2) Based on your answers to #1, what indicators would measure that improvement? 2b) Over what timeline would we expect to see meaningful, measurable change 2c) What is a realistic target? 1 ECONOMIC DEVELOPMENT ADVISORY COMMITTEE MINUTES April 26, 2023 City of Kitchener 3.Arts & Culture Plan-Early Findings E. Robson shared the Environics pre-engagement findings for the Cities of Cambridge, Kitchener Waterloo, Region of Waterloo Culture Plan. Presentation attached. Adjournment: Meeting adjourned at 1p.m. Next meeting:June 28, 2023 2 Development