{"id":632,"date":"2024-04-03T01:00:08","date_gmt":"2024-04-03T01:00:08","guid":{"rendered":"https:\/\/reports.cityofsandy.com\/economicdevelopment\/?p=632"},"modified":"2024-04-03T22:08:11","modified_gmt":"2024-04-03T22:08:11","slug":"economic-development-monthly-report-march-2024","status":"publish","type":"post","link":"https:\/\/reports.cityofsandy.com\/economicdevelopment\/2024\/04\/03\/economic-development-monthly-report-march-2024\/","title":{"rendered":"Economic Development \u2013 Monthly Report \u2013 March 2024"},"content":{"rendered":"\n

Economic Development items:<\/strong><\/p>\n\n\n\n

Econ Devl \u2013 Strategic Plan metrics<\/u><\/em><\/strong>:<\/strong><\/p>\n\n\n\n

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Update on Monthly Tracking numbers:  The transition to License Registrar<\/em> is now complete.  While $39 late fees were assessed at the beginning of March for those that had yet to renew, Monday, April 1st was the ultimate deadline for businesses to renew their business license without receiving a fine.  Staff is delighted to report that, after making extraordinary efforts to contact all of the businesses that were on our \u201cfailure to renew\u201d list, there were no existing Sandy businesses operating without a license on the deadline date<\/strong>.  Kudos to Development Services staff who reached out to personally contact dozens of businesses to help make this happen. <\/p>\n\n\n\n

Now that we have accurate numbers, the \u201cTotal Business Establishments\u201d number listed in the header above is changing to a more useful number.  Instead of listing all businesses with a City of Sandy business license, we are going to show \u201cTotal In-Town Business Establishments\u201d.  This will eliminate all out-of-town businesses that get business licenses due to our local requirements but are not based in Sandy, leaving only businesses that reside within city limits.  Rental properties will no longer be included in this number either \u2013 only brick and mortar establishments and home-based businesses.<\/p>\n\n\n\n


Econ Devl \u2013 Strategic Plan progress<\/u><\/em><\/strong>:<\/strong><\/p>\n\n\n\n

Action 6.1.2 \u2013 Retail market analysis<\/u><\/strong>:  <\/strong>Underway!  This report will take ECONorthwest somewhere between 3 and 4 months to complete.  ECONorthwest\u2019s Nicole Underwood will be providing our first update with regard how this report is progressing at the May 1st<\/sup> meeting of the Economic Development Advisory Board.<\/p>\n\n\n\n

Action 2.2.1 \u2013 Assess SandyNet as a resource in business and talent attraction<\/u><\/strong>: <\/strong>Total number of SandyNet customers broken down by speed tier is now included in the monthly tracking data in the header of this report.  As citizens start adopting more multi-gig connections, we will update this tracking data to include the higher tiers.<\/p>\n\n\n\n

Action 5.3.3 \u2013 Meinig Memorial Park<\/u><\/strong>: <\/strong> Requests for estimates on specific wayfinding signage for both Meinig Memorial Park and the Pioneer Parking lot have been sent to Ambrosini Designs in McMinnville.  Currently standing by for quotes.<\/p>\n\n\n\n

Econ Devl – Commercial Properties (vacancies, new businesses, reports, etc.)<\/u><\/em><\/strong>:<\/strong><\/p>\n\n\n\n

23-001 FAC Sandbar BBQ fa\u00e7ade project<\/u><\/strong>:  <\/strong>Complete!  In addition to increasing the proper number of ADA parking spots to the required minimum (2), this project was able to bring the following additional items into code compliance:<\/p>\n\n\n\n