===== PDF PAGE 35 ===== [Extraction: OCR (rendered-page OCR)] CITY OF WEST CHICAGO DEVELOPMENT COMMITTEE AGENDA ITEM SUMMARY ITEM TITLE: AGENDA ITEM NUMBER: A. An Ordinance Modifying the City Code and Establishing an Economic Development FILE NUMBER: Commission COMMITTEE AGENDA DATE: March 14, 2022 Ordinance No. 22-0-0009 COUNCIL AGENDA DATE: March 21, 2022 A STAFF REVIEW: Tom Dabareiner, AICP SIGNATURE _@—QE—>>— CITY ADMINISTRATOR REVIEW: Michael Guttman SIGNATURE ITEM SUMMARY: As part of its continued desire to better focus efforts to promote healthy and sustainable community and economic development, the City Council commissioned a Chicago area planning firm to draft a Strategic Plan. The Plan was adopted in May 2016, and offered guidance on how to effectively marshal and deploy the resources needed to promote the type of dynamic growth within West Chicago desired by its residents and members of the City Council. Among the primary recommendations was the formation of an Economic Development Commission or Task Force that would serve as an advisory body to the City Council. According to the Strategic Plan, the group would “[meet] regularly to act, in effect, as local economists who are experts on West Chicago’s development trends and potential...and [advise] on what course of action the City should take, if any at all” (West Chicago Strategic Plan, 2016). Creation of an Economic Development Commission was subsequently incorporated into the City’s Economic Development Plan (2019). Formation of the Economic Development Commission would provide an opportunity to encourage additional connections and coordination with the business community, area non-profits, and regional, state and national organizations. It would enhance communication and understating of economic development strategies and build relationships between the City of West Chicago public sector, members of the public, and the business community. The Economic Development Commission would advise and make recommendations to the City Council on economic development policy and issues that advance the economy and prosperity. ACTIONS PROPOSED: Recommend approval of Ordinance No. 22-O-0009 modifying the City Code and Establishing an Economic Development Commission COMMITTEE RECOMMENDATION: By a unanimous (6-0) vote, Development Committee members recommended that the City Council approve the ordinance to create an Economic Development Commission.