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r']ge <br />fl <br />Chap: Develop data -driven analysis that rnfomns capital development and acquisition decisions. <br />Consult with executive director on day:12-lay roe management Issues. <br />Centerfuse Members <br />• Steve Townsend* <br />• Deborah Beaona <br />• John Perrle <br />• JamesJankowslu <br />1. Conduct a feasibiilty study of the sale of airport fadiity <br />May 2019 <br />• Impact of foss of revenue; estimated demand and sale price for airport facility; <br />evaluate current local sf rates for office, retail, and light industrial <br />• Recommend action to Board. <br />2. Evaluate and prioritize property for development and recommend to Board for <br />July 2019 <br />approval. Examination should prioritize properties 1] within the Ellensburg City <br />limits and 2.) within the Urban Growth Area; consider range of development costs; <br />cost -recovery strategies; development potential /how the property can support <br />business needs, etc. <br />3. Develop capital acquisition resounm: <br />July 2019 <br />• Apply for CDBG Economic Opportunity Grant <br />• Apply for CERS grant for new facility <br />• Qualified Opportunity Fund <br />4. Property Management / Tenant Relations (existing) — Board members and other <br />May 2019 <br />resources are consulted for input on leasing, maintenance and repair, and other <br />tenant -related issues. <br />• Examine and address rate inconsistencies/gaps at Incubator and Airport <br />• Review airport land lease <br />Ongoing <br />7/15/241910:17 AM <br />