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HomeMy WebLinkAbout2012-07-12 ACE MINUTES.. • • • ALLIANCE FOR COMMERCE IN ENGLEWOOD COMMITTEE July 12, 2012 Minutes and audio are available at: http://www.englewoodgov.org/index.aspx?page= 1103 I. CALL TO ORDER [j] The regular meeting of the Alliance for Commerce in Englewood Committee (ACE) was called to order at 11 :36 a.m. in the City Council Conference Room of the Englewood Civic Center, Chair Knoth presiding. Present: Absent: Vasi las , Sarconi, Calonder, Knoth (e nt e red 11 :37), Weinberger, Miller Whyte (alternate) Schalk, Champion Also present: Joe Jefferson, City Council Liaison (entered 11:5 1) Staff present: Alan White, Community Development Director Darren Hollingsworth, Economic Development Manager APPROVAL OF MINUTES May 10, 2012 Chair Knoth stated that the Minutes of May 10, 2012 were to be considered for approval. It was determined there was a quorum. Chair Knoth asked if there were any changes or ad ju st ments to the Minutes. There were none. Calonder moved : Vasilas seconded: THE MINUTES OF MAY 10, 2012 BE APPROVED AS WRITIEN. The motion carried. 11. ACE BUSINESS l?ll INCENTIVES Discussion Points: 1. What types of projects should be considered eligible? 2. Any What source of funds should be used for incentives? (what should be rebated?) Sales Tax 1 "'. • • • 3. What shou ld the incentives be used for by the business: (what is the purpose of the incentive?) Give the incentive to support the businesses Return on Investment. 4. What do you want to achieve with incentives? Decrease the vacancy rate. 5. ACE 's guidin g philosophy: Ca l onder moved: Providing this incentive is of no cost to the City. It's incremental anyway. Sarconi seconded: TO OFFER AN INCENTIVE TO ALL NEW BUSINESSES THAT GENERATE SALES TAX IN THE FORM OF A 50% REBATE OF ALL SALES TAX PAID FOR 5 YEARS. THE APPLICATION WILL BE IN THE FORM OF A ONE PAGE DOCUMENT AND THE PROGRAM SHOULD BE HANDLED ADMINISTRATIVELY. The motion carried. 111. PUBLIC COMMENT ltl1 There was no public present. IV. COMMENTS ~ CHAMBER OF COMMERCE Ms. Mello was not present. Mr. Hollingsworth distributed a memo inviting ACE members to a joint meeting with the Chamber and the Business Improvement District boa rd members on July 24t11 • BID COMMENTS Mr. Vasi la s said the joint meeting to share id eas is a good idea. He noted he is now the Vice President of the BID and Mr. Lau gh lin i s the President. The BID continues to work on getting security cameras installed in the BID area. The next BID meeting is next Wednesday, July 18th. STAFF COMMENTS Mr. Hollingsworth had nothing further. CITY COUNCIL COMMENTS Mr. Jefferson apologized for being late. He stated the more due diligence and direction ACE can prov id e to City Counci l the better off and more possible this is. 2 • • • ACE COMMENTS l?1l Mr. Vas il as in v ited eve ryo n e to atte nd the joint m eet in g on July 241h. V. UPCOMING ACE BUSINESS a. The n ex t m eet in g is scheduled for August 91 20 12. No further business was brought forth for co n sid e ration. Th e m eet in g was adjourn ed at 12:51 p .m . 3