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Councilmembers Present: Thomas McLeod, Kathy Hougardy, Zak Idan <br />StoffPresent: Rachel Bianchi, Brandon Miles, Derek Speck <br />Chair McLeod called the meeting to order at 5:30 p.m. <br />I. BUSINESSAGENDA <br />A. Current Economic Development Vision <br />Staff presented an overview of the current policies, vision and goals guiding Economic <br />Development staff work. <br />Committee Recommendation <br />Discussion only. <br />B. Agreement: Southside Promise <br />Staff is seeking Council approval of an agreement with Seattle Southside Chamber of Commerce in an <br />amount not to exceed $50,000 for the Southside Promise initiative, providing COVID-19 recovery <br />assistance. <br />Committee Recommendation <br />Unanimous approval. Forward to August 24, 2020 Special Consent Agenda. <br />C. Lodging Tax Uses and Process <br />Staff provided a briefing on the allowable uses and associated procedures for lodging tax <br />revenue. <br />Committee Recommendation <br />Forward to COW for discussion. <br />D. Lodging Tax Use History <br />Staff provided a briefing on the historical usage of lodging tax funds. <br />Committee Recommendation <br />Discussion only. <br />