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HomeMy WebLinkAboutEcon Dev Adv - 2007-03-28 ECONOMIC DEVELOPMENT ADVISORY COMMITTEE MINUTES March 28, 2007 City of Kitchener The Economic Development Advisory Committee met this date, chaired by Adrian Conrad, commencing at 11:15 a.m. with the following members in attendance: Bob Denton, Glen Woolner, Howie Budd, Gerry Remers, Mark Collins, Willy Heffner, Len Carter, Paul Singh, Peter Benninger, Mayor Carl Zehr The following people sent their regrets: Sherryl Petricevic, Lawrence Bingeman, Dan Piedra, Don Zehr, Ian Cook The following people were absent: Paul Allen, Jeremy Auger Staff in attendance: Rod Regier, Kathy Weiss, Rob Morgan, Chantelle Dixon, Valerie Bradford, Silvia Wright, Cory Bluhm, Terry Boutilier, Jeff Willmer, Laura Mann, Tracey DeVille Approval of Minutes Economic Development Advisory Committee approved the minutes with the following changes: Addition of absent members from the February meeting ? Adjustment of awards announcement to The Chamber of Commerce ? awards Addition of discussion regarding the Economic Developers Council of ? Ontario (EDCO) 1. Discussion Items 1.1 Brownfield’s – City Perspective on Regional Approach Terry Boutilier was in attendance to obtain feedback from the presentation he provided the Committee at the February meeting regarding the City’s perspective on a Regional approach to Brownfield’s. Mr. Boutilier requested the Committee assist in answering four (4) questions in this regard, namely: 1. How much should we assist? 2. How should we assist? 3. Should we combine the City and the Region programs? 4. What is our objective – clean up, re-use or both? The Committee generally felt that it was important to support the initiative suggested. The Committee had felt that the city was carrying the burden of cost on the Brownfield program and that all levels of government should contribute to the TIF program so as to increase the attractiveness of Brownfield properties to developers. The committee strongly supported the TIF model, as it essentially constituted no increase in cost to the existing tax base, but was critical in reurbanization by bringing vacant and contaminated properties to more productive use. The Committee requested that Mr. Boutilier pursue this matter and provide them with updates. 1.2 Economic Development Strategy – Creating a Vision for the City Approach Mr. Regier provided the Committee with a presentation update on the status of the Economic Development Strategy. At its February meeting, the Committee had developed a list of concepts and words that should inform the City’s Vision Statement for Economic Development. The Committee reviewed a set of draft alternative vision statements. 1) Ex industria propseritas. Ex scientia ac creo sustento prosperitas. Through industry we’ve prospered. Through knowledge and creativity, we sustain our prosperity. 2) Kitchener – capitalizing on our past to create a dynamic centre of innovation, entrepreneurship and culture. 3) Kitchener will sustain a prosperous economy that is healthy, balanced, creative and inclusive. 4) Kitchener has a vibrant and prosperous economy that fosters successful, creative leaders. 5) Kitchener – dreaming, creating and building for the world! Each Committee member present voted on which statement they preferred. The following is an outline of how the Committee voted on each statement: 1. 1 in favor 2. 3 in favor 3. no votes 4. 1 in favor 5. 3 in favor It was narrowed down to statement 1 & 5. The Committee worked together to revise wording that was appealing. The following is the statement that the Committee members would prefer to see: Our past Our future through knowledge, diversity, community & creativity we grow. Mr. Regier advised the Committee that staff will use this vision statement as a starting point for discussions with Council around the Economic Development Strategy. The Committee also discussed the strategic plan. It endorsed the introduction of talent attraction as an important aspect of the strategy. The Committee also indicated that the continued work on the cluster strategy is important and the creation of new programs in the Small Business Centre are promising. Overall the Committee supported the structure and approach of the economic development strategy. The Committee was invited to provide more detailed written comments at their convenience. On motion, the meeting was adjourned at 1:15 pm.