Fiscal Note
The report includes a number of recommendations varying timelines and estimated costs. Implementation of the recommendations will be implemented primarily through future work plans and budgets.
Title
AMENDED - Accepting the City of Madison 3-5 Year Strategic Economic Development Implementation Plan.
Body
WHEREAS, the City of Madison’s most recent economic development plan was adopted in 1983; and,
WHEREAS, the Comprehensive Plan, adopted in 2006, recommended the development of a specific economic development plan and three to five-year strategy; and,
WHEREAS, the Common Council authorized the hiring of the firm Ticknor & Associates to prepare a 3-5 Year Economic Development Strategic Implementation Plan; and,
WHEREAS, the City of Madison received generous financial support from Madison Gas & Electric ($5,000), Alliant Energy ($1,000), and the REALTORS Association of South Central Wisconsin ($1,000) toward the preparation of the Plan; and,
WHEREAS, the City of Madison is grateful for the assistance of over one hundred individuals who contributed to the preparation of the Plan through interviews, listening sessions, a strategy retreat, and draft plan presentation sessions; and,
WHEREAS, on July 2, 2008 the City of Madison Economic Development Commission unanimously moved to accept the document prepared by Ticknor & Associates and forward to the Common Council for acceptance; and,
WHEREAS, the Plan makes a series of recommendations concerning staffing, programs, projects, and policies.
NOW THEREFORE BE IT RESOLVED that the 3-5 Year Strategic Economic Development Implementation Plan prepared by Ticknor & Associates, and the recommendations contained therein, is hereby accepted; and,
BE IT FINALLY RESOLVED that the Economic Development Commission will continue to work with the Common Council, Mayor’s Office, and Department of Planning & Community & Economic Development to prioritize the recommendations outlined within the 3-5 Year Strategic Eco...
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