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HomeMy WebLinkAboutAgenda - Economic Development Committee - 02/08/2022South Burlington Economic Development Committee Room #301 at 180 Market St South Burlington, VT 05403 AGENDA Participation Options In Person: Room #301 – 3rd Floor – 180 Market St Assistive Listening Service Devices Available upon request: Reach out to staff or committee members before meeting begins Electronically: https://www.gotomeet.me/SouthBurlingtonVT/economic-development-committee02-08-2022 Dial in: +1 (872) 240-3412 Access Code: 458-111-461 Tuesday February 8, 2022 5:30 PM 1.Welcome, agenda review and approval 2.Public comments on items not on the agenda 3. ***Approve minutes from January 11,2022 EDC Meeting. 4.City Manager Updates 5.Scheduling meeting with UVM and City staff on city economic data draft 6.Airport rezoning committee update and input request 7.Economic development ARPA spending plans update 8.Economic impact of Climate Action Taskforce recommendations 9.Setting a GDP and Grand List growth goal for Comprehensive Plan 10.Adjourn (approx. 7:00 pm) ***Attachments included MEETING MINUTES Economic Development Committee, South Burlington Meeting of 1-11-2022 held in Room 301 South Burlington City Hall, 180 Market Street Members Present: John Burton, Tom Bailey, Sriram Srinivasan, Linda Norris and Jacob West (remotely) Members Absent: None.. Staff and Guests: Jessie Baker, City Manager and Shayne Lynn The Meeting was called to order by John Burton, Chair, at 5:35 PM. (1)AGENDA: The agenda was reviewed and approved. (2)PUBLIC COMMENT: Shayne Lynn of CeresMED spoke to the Committee and answered questions regarding his desire that the Committee recommend to the City Council that an “opt in” vote for retail cannabis sales be placed on the March Town Meeting ballot. Shayne described his history in the cannabis business including a cannabis cultivation and greenhouse for cannabis medical use. He described the state’s actions in authorizing and regulating retail cannabis sales and that for municipalities to allow retail sales within their borders would require a popular vote of the citizens (the “opt in”). The City would still be empowered to restrict the retail cannabis business through zoning as well as other administrative restrictions similar to a local liquor licensing and control board. Shayne pointed out that twenty-one towns in Vermont have already “opted in”, including Winooski, and described the possible tax and revenue advantages for South Burlington if the City were to opt in. He indicated that his intention is to establish a location on Farrell Street near the corner of Farrell Street and Swift Street. After a discussion in which all Committee members weighed in, John Burton, Committee Chair, acknowledged that, since the matter had not been placed on the Committee’s agenda in the meeting’s public warning, it would be inappropriate to make a formal recommendation to the City Council. However, John took a “straw poll” of the members. The result was that a majority of the members favored that the cannabis “opt in” question be placed on the City’s March Town Meeting ballot. (3)MINUTES: The minutes of the 12-15-21 meeting were approved. (4)CITY MANAGER UPDATES: Jessie called attention to the FY 23 Budget which is pending before the City Council. She also noted that there is extensive US Treasury guidance (500 pages) for how ARPA funds can be spent which the City staff is attempting to digest. She will circulate a staff summary of the guidance. There is a potential, but confidential, purchaser of the University Mall property which plans to maximize mixed uses (housing, offices and retail) that will, if purchased and developed, better coordinate with the City Center. (5) CC FY22 POLICY PRIORITIES AND STRATEGIES: Jessie asked that the Committee provide a member to coordinate with the Planning Commission regarding its work regarding infill in the Williston Road, Shelburne Road and Kennedy Drive corridors. The member will report the Planning Commission’s progress to the Committee, represent the Committee’s interests and facilitate providing the Committee’s expertise. After some discussion, Tom agreed to be the Committee’s representative. (6) FUTURE MEETINGS SCHEDULE: The Committee members agreed that future meetings will continue to be held on Tuesdays in the City Hall at 5:30 PM. The next meeting is February 8th. (7) PROPOSED LDR AMENDENTS: Tom proposed that the Committee adopt a resolution to be sent to the City Council expressing the Committee’s concerns about the proposed amendments to the Land Development Regulations. After a ranging discussion in which all members participated. Modifications to Tom’s proposed draft. Then Tom moved and Linda seconded a motion to adopt the resolution which was approved unanimously, a copy of which is attached to these minutes. (8) UPDATE ON REQUEST FOR DATA/RESEARCH FROM UVM: John updated the Committee concerning the potential for data collection with the UVM Office of Engagement. This office and its data research and services is, apparently, a new initiative by UVM and is coordinated by Emma Spitz. John and other Committee members were excited about the prospect of creating a “dashboard” of data the would be helpful in City planning and economic analysis. John indicated that Emma Spitz’s intention is to have a special meeting to formulate what data would be included and its availability. Srini expressed his concern that the “dashboard” needs to be sustainable so that the economic analysis would continue to be available and the City could rely on it for planning. Jessie saw the value of this approach and is interested included some City staff. John agreed to coordinate the special meeting which all Committee members were encouraged to participate. John suggested “Google Sheets” as a good possible tool for collecting data and incorporating it into the dashboard. (9) ADDITIONAL CITY MANAGER UPDATES: Jessie called the Committee members attention to a virtual public meeting hosted by the Chittenden County Regional Planning Commission of the I-89 2050 STUDY to be held from 6 PM until 7:30 PM on January 26th. More information and a Zoom link can be found at www.envision89.com. (10) ADJOURNMENT: The meeting was adjourned at approximately 7:00PM. R E S O L U T I O N TO: City Council, City of South Burlington FROM: South Burlington Economic Development Committee The Economic Development Committee notes the broad nature of the proposed Land Development Regulation (LDR) amendments and is concerned that their adoption will have far reaching consequences on the future economic development of the City and the surrounding region. Therefore, in considering the proposed LDR amendments through the “economic lens” and effects on the future economic growth and vitality of South Burlington and the region (of which South Burlington is a central and pivotal part) the Committee summarizes its concerns as follows: (1) The amendment has the effect of reducing the number of future housing units and commercial development. This erodes the City’s property tax base and has a negative impact on the future sustainability of the City’s ability to finance future upgrades to City facilities, and schools. (2) The adoption of the Habitat Block Overlay District and the expansion of the Natural Resource Protection District are, as proposed, ill advised. Without modification, these changes may likely expose the City to years of expensive, and unnecessary, litigation. (3) In addition to restricting future housing, the proposed changes to Articles 3, 9, 13 and 15 will, working in concert, likely drive up the costs of new housing construction. These cost impacts were apparently never considered in the drafting and preparation of these changes. (4) The reduction in good housing will negatively impact the City’s, and the region’s, ability to attract and retain good employers and foster and incubate new businesses. (5) The restrictions on work force housing in South Burlington will drive future housing towards more rural areas further away from the jobs and employers in the areas in and near South Burlington. The result will be more and longer employee commuting (CO2 producing) hampering the efforts to mitigate climate change. (6) Because of the magnitude of the changes and for the reasons set forth above, the Committee urges that the proposed changes be tabled until a 3rd party economic and risk analysis can be completed. It is respectfully requested that the City Council consider the above economic consequences in deciding whether to adopt and/or modify the proposed LDR amendments. Adopted by the South Burlington Economic Development this 11th day of January, 2022. ___________________________________ John Burton, Committee Chair