Agenda - Council Workshop - 20230926Town of Aurora
Council Workshop/Education Session
Agenda
Date:Tuesday, September 26, 2023
Time:5:45 p.m.
Location:Council Chambers, Aurora Town Hall
Meetings are available to the public in person and via live stream on the Town’s YouTube channel.
Pages
1.Call to Order
2.Land Acknowledgement
3.Approval of the Agenda
4.Declarations of Pecuniary Interest and General Nature Thereof
5.Consideration of Items Requiring Discussion
5.1 Aurora Economic Development Committee (AEDC) Strategy 1
(Presentation to be provided by Allison Larsen, Founder & Facilitation
Maestra, Inclusive Facilitation by TadZo Consulting)
6.Adjournment
AEDC StrategyTown Council Briefing26 September 2023Page 1 of 20
Today’s PurposexUpdate on FindingsxSolicit InputxNext StepsPage 2 of 20
How does a local economy grow?Page 3 of 20
Bring wealth into community by selling outside area (i.e. community, economic region) (primary, a.k.a. traded-sector, industries)(pCreates jobs for familiesjCreCreGrows demand for real estate & constructionStimulates secondary business growthCreates more jobs & supports primary industry growthTax base grows: sales & property taxesPage 4 of 20
Stimulates secondary industry growthBring wealth into community via visitor spendingTax base grows: sales & property taxesCreates jobsygGrows demand for real estate & constructionStimulates more secondary industry growthPage 5 of 20
A community with a healthy economy...Has a sustainable tax baseMeets needs with incomeExports goods & services & imports cashProvides opportunities for individual growthPage 6 of 20
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PURPOSE:What is thefundamental justificationfor economic development efforts in Aurora?Page 8 of 20
Initial musingto be further refinedPage 9 of 20
CONTEXT:What’s happening around us that demands creative change?Page 10 of 20
ParticipantsTARGET SECTORS•Camelia Rotarita FLOW WATER•Chris Teehan KTI LIMITED•Garry Lee MEGALAB GROUP INC.•Lynette Lanning NEIGHBOUR MEDIA•Patrick Wong PIRAMAL PHARMA SOLUTIONS•Nathan Mortelliti PROLLENIUM MEDICAL TECHNOLOGIES INC.•Ehsan Mirdamadi SMART COCOON•Richard Gong TOWN OF AURORAHUMAN RESOURCES•Heba Fawzy FLOW WATER•Sean Docherty PIRAMAL PHARMA SOLUTIONS•Nicolle Ruby RNC Employment Services •Stephanie Hensman TREASURE MILLS INC.•Nima Khadem Mohtaram TRILLIUM MEDITECPROMENADE•Geoffrey Dawe AURORA HISTORICAL SOCIETY•Kathleen Vahey AURORA HISTORICAL SOCIETY•Phiona Durrant COCONUT VILLAGE•Darrel Yashinsky SALON CITY•Theresa CookTHE STORY OF LOVE•Mae Khamissa OMAR’S SHOESTOURISM•Christopher Payne MICROTEL INN & SUITES AURORA•Amanda Vesterfelt MICROTEL INN & SUITES AURORA•Robert Stewart WICKED EATS•Maeve Mastracci WICKED EATS•Ron Weese SPORT AURORAPage 11 of 20
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BASELINE:Honestly, where are we starting now?Page 16 of 20
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1.Investment Attraction2.Business Retention & Expansion3.Downtown planning, programs and initiatives4.Quality of Life/Workforce initiatives5.Tourism6.MarketingAEDC Current Strategic ActivitiesPage 18 of 20
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Scope Overview•AEDC Board Kick-off Work Session•Contextual InputTrip 1•Town Council Briefing & Input•Ecosystem Partners Input Session•Board Setting Direction SessionTrip 2•Action Team MeetingsTrip 3•Capacity Building Training•Team Leads Work Session•Board Role Work SessionTrip 4Page 20 of 20