Item Coversheet

Economic Development Board Meeting
3/19/2024
Agenda Item Transmittal

 Agenda Item: 3.

 Agenda Title: Discussion and update regarding current and future City projects and priorities for strategic planning purposes including, long-term financial structures presented by Butler Snow.

 Board Action:
 

 Department: Administration

 Staff Contact: 


1. INTRODUCTION/PURPOSE


The purpose of this item is to allow board discussion about current and future project planning which may include discussion around prioritization, budgets, and future undertakings. 
2. DESCRIPTION/JUSTIFICATION

a) Background


Previous discussions of the board regarding projects and general direction of the corporation led staff to recommend a workshop for directors to hear from Butler Snow about options for financial structures to help with Workforce Housing and Infrastructure.

b) Issues and Analysis

Esme Thoman and Carley Butler, with Butler Snow, will present financial structures that could enhance projects currently involved with, including but not limited to:

 

1. Workforce Housing 

2. Infrastructure

3. Property acquisition



3. FINANCIAL/BUDGET

Amount Requested Fund/Account No. 
Cert. Obligation GO Funds
Other source Grant title
Addtl tracking info 

4. TIMELINE CONSIDERATIONS



5. RECOMMENDATION


ATTACHMENTS:
DescriptionType
Financial Structure Presentation - EditedBackup Material
Financial Structure PresentationBackup Material