HomeMy WebLinkAboutURA Resolution 1999-01A RESOLUTION
WHEREAS, the Wheat Ridge Economic Development and Revitalization Commission (EDARC)
recognizes the value of services provided by the Jefferson Economic Council (JEC) in furthering
economic development in Wheat Ridge. Valuable services provided by the JEC include:
1. Acting as the city's Enterprise Zone administrator. This saves the City's limited staff the
job of maintaining fiscal data regarding the Zone, especially in coordinating state tax credits
for businesses locating to and operating in the Zone.
2. Significant monetary investments in state-of-the art computer software for demographic,
geographic and economic data which is available free of charge to JEC investors. This
software is a valuable and necessary tool -in economic studies for prospective and existing
Wheat Ridge businesses. Without these software tools the city would be at a competitive
disadvantage in attracting new businesses and retaining existing businesses. The EDARC
realizes that direct and independent city investment in said software would be a significant
financial commitment which is not realistic.
3. EDARC realizes that the economic prosperity of Wheat Ridge cannot be accomplished
independently of the overall west side community and the Denver metropolitan area. The
JEC represents the city's interests to the Jefferson County Commissioners, the Metro Denver
Network and State of Colorado elected representatives relative to the continued economic
vitality of Wheat Ridge and environs.
WHEREAS, the EDARC realizes that the Wheat Ridge city government offers valuable services to
its residential and business community which depend on tax revenues for funding. Additionally, the
cost of providing city services to the community is constantly increasing. The EDARC also realizes
the city's economic development staff essentially consists of one staff person and that continued
membership in the JEC greatly reduces the amount of paper work and data entry work which would
otherwise be the responsibility of city staff.
NOW,. THEREFORE, BE IT RESOLVED BY THE ECONOMIC DEVELOPMENT AND
REVITALIZATION COMMISSION OF THE CITY OF WHEAT RIDGE, COLORADO, AS
FOLLOWS:
That continued membership in the Jefferson Economic Council is highly valuable to and, in the big
picture, is a cost savings to the city, and recommends to the Wheat Ridge City Council that the city
of Wheat Ridge membership in the JEC continue without interruption.
AND PASSED'tl)is 24" day of February, 1999.
M9?
Jerry ach, Chai*an Date
City f Wheat Ridge Economic Development and Revitalization Commission