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City of Tukwila <br />Allan Ekberg, Mayor <br />INFORMATIONAL MEMORANDUM <br />TO: Planning and Community Development Committee <br />FROM: Derek Speck, Economic Development Administrator <br />DATE: August 1, 2023 <br />SUBJECT: Economic Development Strategy Update: Draft Strategies and Actions <br />ISSUE <br />Staff would like to provide an update on the creation of the Economic Development Strategy with a <br />focus on the draft strategies and actions. <br />BACKGROUND <br />In June 2022 the City Council authorized the Mayor to execute a contract with Community Attributes, <br />Inc. (CAI) to create an Economic Development Strategy for the City. In August 2022 the Council <br />provided input on the community engagement plan and staff began the engagement process. In <br />October 2022 the Planning and Community Development Committee (PCD) provided early input into <br />the Strategy. In December 2022 PCD provided feedback on a draft vision statement and goals. In <br />early 2023 the project was temporarily put on hold. In July 2023 PCD reviewed the revised draft <br />vision statement and goals, the draft landscape assessment, and results from community <br />engagement to date. In July 2023 CAI conducted focus groups, interviewed stakeholders, and <br />proposed draft strategies and actions. <br />DISCUSSION <br />Staff is seeking the Committee's feedback on the draft strategies and actions (attached). CAI and staff <br />will then incorporate the feedback and return to PCD on September 18 with a complete draft of the <br />economic development strategy and supporting documents. <br />In addition to the Economic Development Strategy, staff has begun work on the update to the <br />economic development chapter of the City's Comprehensive Plan. Staff is scheduled to present the <br />proposed update to the Planning Commission on September 28. <br />FINANCIAL IMPACT <br />Not applicable. <br />RECOMMENDATION <br />For discussion. <br />ATTACHMENTS <br />Draft Economic Development Strategy Vision, Goals, Strategies, and Actions <br />1 <br />