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Posture Recommendation <br />capacity to also provide wifi internet <br />service. <br />and wlfl seMces as a means b <br />promote economic development. <br />Increase understanding and lmpact of <br />smart clty lnfrastructure and the <br />internet of things (iot). <br />. Developable land, available space. Even though our community is experiencing <br />higher than average population growth, a business can stillfind 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 />Poshrre Recommendation <br />Ellensburg lack comprehensive, up- <br />to-date information about available <br />land and space for businesses. <br />Property owners list their propefi for <br />rent or sale on Craigsllst, etc. or <br />simply post a sign while others <br />employ the seruices of a real estate <br />professional. <br />Prepare and maintain a searchable <br />database of propefties available or <br />potentially available for lease or <br />purchase. <br />Lack of revenue diversity, As the economic development entity of Ellensburg, the <br />EBDA lacks a diversified, sustainable revenue stream so the organization can <br />support economic development. <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 />Washlngton's top exports by volume. However, while small retail businesses <br />continue to do well and grow, our community still exhibib high retail leakage. <br />a <br />a <br />Posture Recommendation <br />EBDA'S only revenue source is rental <br />income from the City's Incubator <br />Building and the EBDA Airport <br />Building. <br />Talk to other Washington State Public <br />Development AuthoriVs about their <br />revenue streams. Identiff <br />opportunities to diversify revenues, <br />and pursue best options. <br />Posture Recommendation <br />Good recovery from the Great <br />Recession, but Ellensburg still spends <br />millions on retail activity in larqer <br />Push the market to Ellensburg - <br />without gas sales, retail leakage is <br />around 20olo. Identifv and Durcue