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Res-2019-014 EDBA
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2019-01-15 10:00 AM - Commissioners' Agenda
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Res-2019-014 EDBA
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Last modified
1/18/2019 9:36:53 AM
Creation date
1/18/2019 9:35:17 AM
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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
Fully Executed Version
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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• The influence of Central Washington University is very strong. Even during the summer <br />season students represented 7% of the CUBtomer base. When the University was back in <br />session student traffic increased to 20% of the customer visits (one in every five visits). Of <br />course, not all businesses will cater to the college student but the market is real and provides <br />a chance for ongoing cotlaboration between downtown Ellensburg and Central Washington <br />as a major institution and important downtown market base. From a tourism standpoint, the <br />percentage of students is a key indicator that marketing downtown to parents and visitors to <br />the University as well as students themselves would be a key strategic move. <br />• Between 2000 and 2010, the population has enjoyed robust growth and is projected to <br />continue to grow. This is a fundamental strength in any market analysis. <br />• Income levels in the primary trade area are lower than both the United States and <br />Washington State, but the college student presence can attribute to this since college students <br />count in the Census at their school of residency. <br />• The psychograpnic analysis of Ellensburg indicates strong potential to retain talent cultivated <br />at Central Washington and for oth.ers who seek to Jive in a vibrant community with an <br />abundance of outdoor recreation opportunities · along with re8$onable proximity to a major <br />metro area. Retaining students in a "college town" can always be a challenge and many <br />students will naturally gravitate westward to the Seattle/f acoma Metro area to work. <br />However, there are recommendations later in this report designed to capture some students <br />who wish to stay in the area ( or recapture them later on). <br />12
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