Wednesday, June 20, 2018

Economic Vitality Commission About Staff Liaison Created in 2012, this commission provides Jen Davis Hayes, additional expertise – both to the Mayor and City Economic Development Director Council – necessary to enhance and facilitate Email economic development within the City. Regular Members The commission also acts as a catalyst between the 2019 – Therese Garcia City Council, developers, residents and the 2019 – Jeff Howlett business community to expand and improve the 2019 – Ashwin economic climate of Issaquah within the context of Muthuvenkataraman the City’s commitment to social and environmental 2020 – Kathy McCorry objectives. 2020 – Karl Leigh 2020 – Kristi Tripple Membership 2021 – Saikat Sen The Economic Vitality Commission is comprised of 2021 – Samantha Breider ten regular members with four-year terms. 2022 – Christopher Beaudoin 2022 – Amit Bhardwaj All members are…

CITY OF ISSAQUAH Economic Vitality Commission SUMMARY MINUTES

items. He also noted the Commission will begin a new protocol of establishing items for future meeting agendas at the end of each meeting, beginning tonight.

Council Services & Safety Committee Presentation Outline June 12, 2018 • What Makes Vital Community? • Economic Development Efforts to support strong economy o Strategic Plan o Annual Activities • Startup 425 Program Update • Economic Development Initiatives • Economic Vitality Commission overview, activities (see next slide)

OVERVIEW: The success of a city’s retail district is largely dependent on the composition and organization of its merchant constituents. Not only should the price-point and products align with its resident and visitor demographics, but the stores should be strategically balanced to maximize consumer spending and interest. Historic or cultural destinations dependent on the tourism market should pay special attention to this issue, assuring their visitors a valuable shopping experience while simultaneously preserving the destination’s cultural appeal. BACKGROUND: The City has recently seen two chain stores (La-Z-Boy and Dollar Tree) open on Front Street. These new “formula businesses” along with others (Dominoes, Subway) are able to pay more for space and are pushing out local mom and pop- style shops. The proliferation of these types of businesses on Front Street threatens to eliminate…

AGENDA ITEMS e) This graphic represents the process the City of Issaquah is currently undertaking to develop a community based strategic plan. There are three phases to this process. We are currently in Phase 1 (“Who We Are”), which includes a variety of opportunities for community input. At the end of phase 1, the City will have a clear understanding of the vision, mission, values, and strategic priorities of community residents. During Phase