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File #: CM 24-317   
Type: Committee Memo Status: Referred
File created: 6/26/2024 In control: City Council
On agenda: 7/16/2024 Final action:
Title: Adoption of the 2024 Economic Development Strategic Plan
Attachments: 1. Agenda Memo, 2. Attachment A: Economic Development Strategic Plan, 3. Attachment B: Economic Development Plan Appendix, 4. Attachment C: Council Questions and Inclusion Tracking
TO: Committee of the Whole - Planning and Public Works
FROM: Mayor Angela Birney
DEPARTMENT DIRECTOR CONTACT(S):
Planning and Community Development
Carol Helland
425-556-2107

DEPARTMENT STAFF:
Planning and Community Development
Seraphie Allen
Deputy Director
Planning and Community Development
Philly Marsh
Economic Development Manager
Planning and Community Development
Kim Dietz
Principal Planner


TITLE:
title
Adoption of the 2024 Economic Development Strategic Plan


OVERVIEW STATEMENT:
recommendation
In July of 2023, Council approved a consultant contract with Community Attributes, Inc. to work with staff to develop the City of Redmond's first Economic Development Strategic Plan. In November 2023, data findings were shared with Council. At the March 26, 2024, Study Session, the vision, goals, and strategies of the Economic Development Strategic Plan were shared for Council discussion and feedback. Staff has worked with internal departments to confirm the actions incorporated in this final draft for adoption.
body

? Additional Background Information/Description of Proposal Attached


REQUESTED ACTION:

? Receive Information ? Provide Direction ? Approve


REQUEST RATIONALE:

* Relevant Plans/Policies:
Redmond Comprehensive Plan: This strategic plan will advance the Economic Vitality policies set through the Redmond Comprehensive Plan.
* Required:
N/A
* Council Request:
N/A
* Other Key Facts:
N/A


OUTCOMES:
The Economic Development Strategic Plan process draws on previous studies and reports, current quantitative and qualitative data, and best practices to develop an aligned and organized suite of strategies and actions that will guide the City of Redmond's economic development program implementation over the next five years to result in a stronger economy.



COMMUNITY/STAKEHOLDER OUTREACH AND INVOLVEMENT:

* Timeline (previous or planned):
The Economic Development Strategic Plan was launched in August 2023 and conducted research, data analysi...

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