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• Will the retail market analysis still be conducted? o Yes, included in department work plan • All four projects are important so don't eliminate any, but should prioritize. Staff described the rankings listed in the draft work plan: A — Planned for the first year of the work plan B — Planned for the second year of the work plan C — Initiated as time permits D — Not recommended • For the life sciences sector expansion, which agency — City, Chamber of Commerce, etc. — will do which parts? o This won't be determined until the work plan is formally adopted and project planning begins • The business support initiative is at the core of the EVC's work and needs to be done • Should the Council work plan include the Stoneridge Shopping Center renovation and expansion project, and planning for the broader area? Why is it not already on the list? The property owner, Simon Properties, did not request that it be on the work plan; should Simon do so, the work plan can be amended to add it Is there concern that other projects will be submitted in the area around Stoneridge mall and be addressed individually? ■ As the zoning allows for those projects, the City will process; if Simon requests more than proposed or beyond current zoning, then it would need tc be added to the work plan The EVC should review sales tax data for Stoneridge mall A motion was made by Steve Van Dorn and seconded by Jamie Hintzke for the following ranking and prioritization of the proposed projects: Fiber Master Plan — A — #1 JDEDZ—A—#2 Expansion of Life Sciences Sector — A — #2 Coordinated Business Support Program — A — #2 By a vote of 3 (in favor) -9-0; the motion did not pass. Angela Ramirez Holmes noted the anchor tenants at Stoneridge Shopping Center have expressed interest in concurrent projects on their property, and the outer loop of Stoneridge Mall Road is in a prime position for redevelopment, so the City should not wait for Simon to request planning the area and the EVC should encourage the City Council to put planning of the Stoneridge mall area on the work plan. City Manager Nelson Fialho indicated that the City Council could add this at its mid-term review of the work plan. Stoneridge Shopping Center representative Jeffrey Chen shared that Simon's proposal for the renovation of the Sears building and other interior and exterior improvements would be reviewed by the Planning Commission at its meeting on February 27. Steve Baker remarked that the Stoneridge mall project was important but the committee should be considering the work plan priorities as proactive —which the economic development items are — or reactive — which the Stoneridge mall project is as there's already a process for it to go through.