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ResolutiontoApprovePFAgmtEBDA2019
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2019-01-15 10:00 AM - Commissioners' Agenda
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ResolutiontoApprovePFAgmtEBDA2019
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Last modified
1/10/2019 1:18:14 PM
Creation date
1/10/2019 1:12:57 PM
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Meeting
Date
1/15/2019
Meeting title
Commissioners' Agenda
Location
Commissioners' Auditorium
Address
205 West 5th Room 109 - Ellensburg
Meeting type
Regular
Meeting document type
Supporting documentation
Supplemental fields
Alpha Order
p
Item
Request to Approve a Resolution for the 2019 Distressed County Sales and Use Tax Infrastructure Improvement Program Agreement with Ellensburg Business Development Authority
Order
16
Placement
Consent Agenda
Row ID
50670
Type
Resolution
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opacity to also provide wife internet <br />service. <br />and wifi services as a means to <br />promote economic development. <br />Increase understanding and impact of <br />smart city infrastructure and the <br />Develgpable land, available space. Even though our community is experiencing <br />higher than average population growth, a business can stip find vacant land <br />zoned to suit the building a new facility. An inventory of existing commercial <br />locations for rent, lease or sale is needed, and is under development. <br />Posture <br />Recommendation <br />Ellensburg lacks comprehensive, up- <br />Prepare and maintain a searchable <br />to -date information about available <br />database of properties available or <br />land and space for businesses. <br />potentially available for lease or <br />Property owners list their property for <br />purchase. <br />rent or sale on CralgsUst etc. or <br />and pursue best options. <br />simply post a sign while others <br />employ the services of a real estate <br />professional. <br />• Lack of revenue diversity. As the economlc development entity of Ellensburg, the <br />EBDA lacks a diversified, sustainable revenue stream so the organization can <br />support economic development. <br />Posture <br />Recommendation <br />EBDA's only revenue source is rental <br />Talk to other Washington State Public <br />income from the City's Incubator <br />Development Authority's about their <br />Building and the EBDA Airport <br />revenue streams. Identify <br />Building. <br />opportunities to diversify revenues, <br />and pursue best options. <br />• Retail activity Ellensburg's downtown core has grown in strength and vitality <br />since the Great Recession. Exports, including timothy hay, continue to be one of <br />Washington's top exports by volume. However, while small retail businesses <br />continue to do well and grow, our community stili exhibits high retail leakage. <br />Posture Recommendation <br />Good recovery from the Great Push the market to Ellensburg — <br />Recession, but Ellensburg still spends without gas sales, retail leakage is <br />millions on retail activi in la er around 20%, Identify and pursue <br />
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