AGENDA DATE: 12/7/2016
TITLE:
Title
Final Report on Route 29 Solutions Business Assistance Program
BODY
SUBJECT/PROPOSAL/REQUEST: Presentation of final budget and impact data related to the County's Business Assistance Program related to the Route 29 Solutions construction projects
ITEM TYPE: Regular Information Item
STAFF CONTACT(S): Foley, Catlin, Stimart, Kilroy
PRESENTER (S): Lee Catlin
LEGAL REVIEW: Not Required
REVIEWED BY: Thomas C. Foley
BACKGROUND: In July 2015, the Board approved a multi-pronged Business Assistance Program designed to limit negative economic impacts to businesses during construction of the Route 29 Solutions projects with the following highlights:
- a series of technical, marketing, communications, and regulatory strategies to support businesses before, during and immediately after construction
- a concentrated focus on businesses in the footprint of the Route 29/Rio Road intersection project during the most intense construction period of that project, roughly April 2016 - September 2016
- a public-private partnership, including representatives from the Small Business Development Center (SBDC), the Senior Corps of Retired Executives (SCORE), the Charlottesville Regional Chamber of Commerce, the Albemarle County Economic Development Authority, the Virginia Department of Transportation, the Thomas Jefferson Planning District Commission, and businesses from the affected area
This agenda item provides a final update on the status of major strategies of the Business Assistance Program following completion of the Route 29/Rio Road intersection construction.
STRATEGIC PLAN: Goal 4: Economic Prosperity: Foster an environment that stimulates diversified job creation, capital investments, and tax revenues that support community goals
DISCUSSION: Staff provided an implementation matrix to the Board as part of the Business Assistance Program when the program was approved last year. Attachment A is an up-to-date matr...
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