Res-2019-158 Centerfuse - Laserfiche WebLink

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CenterFuse Strategies: The need for strong, focused Economic Development Strategies cannot be understated. The CenterFuse board and staff have spent the better part of a year creating strategies to move Economic Development towards a proactive and effective approach. This work includes: FutureForce: As the Gperat1onal committee of Centerfuse, this group is charged with: • Board Development: Net.,yc,rking, training and goal development for the organization. •Outreach: Create marketing matenals that reflect board values and goals; Launch strategies for CenterFuse and pushing a message of a proactive economic development environment. Develop and activate pitches for business recruitment. • Policy: Aetively engaging in issues that directly affect economic development, quality of hfe, workforce, and land use. • Financial Sustainability: Developing financial resources to ensure the success of the organization: e.g. Distressed Sales Tax funding, Rural USDA grants, and financial resources from the City that directly correlate to demonstration of success. / SpaceForce: The built environ!'Tlent can directly affect the success of the organization arid the ability for businesses to settle in the community. Therefore, this committee must assess the current state of the board's assets and plan for future ownership, usage, and upkeep, while developing data-driven analysis that info~ capital development and acquisition decisions, • current facilities: Conduct analysis of the airport and incubator facilities to determine future needs, cash flow for investment in other development, rental rates, and need for repairs and maintenance. • Develop funding options for capital development: CERB funding, bonding, Opportunity Fund, Fore~nTradeZones,CDBG,USDA • Future development Profite available real estate based on strategic business development goals; determine what the space need is to fulfill, and how a property can be marketed for redevelopment or redeveloped with CenterFuse taking the lead. • Property management: Review property management and tenant needs on an as-needed basis. Mega Force: Develop strategies to assist businesses in growth and expansion and tum local innovation into new business, • Local Business Needs Assessment: Review business visits and needs assessment from 2018 and data from CWU student in 2019. Finalize competiti\fe position on broadband, water, electricity, taxes, property inventory, waste water. • Create Strategies to support local business needs: Develop resources and support environment for new businesses and businesses that are in potential stages for growth and reinvestment. Develop a 0 how to• guide for working wrth the city on business, land and building development. • Develop a Plan to Support Local Innovation: Partnering-in or creating a new business-idea event to generate new business (partners: Chamber ·Enterpnse Challenge," 141E/CWU, Commerce, EDA.)