No Action Comments 1. Bills, Claims, and Communications 2. Report of the Executive Director
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1 City of South Salt Lake Redevelopment Agency AGENDA Public notice is hereby given that the City of South Salt Lake Redevelopment Agency will hold a meeting on Wednesday, October 25, 2017, in the City Council Chambers, 220 East Morris Avenue, Suite 200, commencing at 6:30 p.m., or as soon thereafter as possible. Conducting: Kevin Rapp, Chair Opening Ceremonies 1. Roll Call No Action Comments 1. Bills, Claims, and Communications 2. Report of the Executive Director Approval of Minutes July 12, 2017 RDA Minutes Unfinished Business 1. Discussion Regarding SSL Chamber Budget Motion for Closed Meeting Adjourn Posted October 20, 2017 In accordance with State Statute and RDA Board policy, one or more Board Members may be participating via speakerphone. Those needing auxiliary communicative aids or other services for this meeting should contact Craig Burton at , giving at least 24 hours notice.
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5 South Salt Lake Chamber of Commerce For Mayor Cherie Wood & the SSL RDA / City Council October 25, 2017
6 The Voice of South Salt Lake Thank you for your time! What The Voice of South Salt Lake Businesses provides. Make sure everyone knows, who we are, what we do, and why we are so important.
7 The Voice of South Salt Lake We are proud! Long and successful presence in the city of South Salt Lake. Strong Partnership with city.
8 Our History Began in 1936 with Business Men s League Continued until the official founding of the Chamber on December 5, 1952 Positive Impact on the city of South Salt Lake with Chamber Foundation
9 South Salt Lake Business Owners Scott Olson, Les Olsen Company Board Chair Jonathan Hertel, State Farm Vice Chair Kristy Chamber, Columbus Community Center Board Rick Taggart, American Funds & Trusts, Inc Treasurer Other business and board owners
10 Why we are here? Information in response to the RDA s request. Summary of incredible value we bring to our community Overview of the current chamber and city contractual relationship Analysis of other chamber & city partnerships Written input from SSL Business Owners
11 Value ($) to the city of South Salt Lake Homeless Facility Fight: $4,900 Board Member in community: $58,000 Ambassador Program: $48,000 Chamber & Econ Dev: $7,200 Business Education Committee: $5,800 Women in Business Committee: $15,000 Economic development: $5,000
12 Value ($) to the city of South Salt Lake Chamber Luncheons & Training: $6,000 Legislative affairs: $4,000 JEDI: $2,000 Annual Business Outreach Luncheon: $1,500 Mayor s State of the city: $500+ Meet the Candidates: $1,500 Marketing support: $30,000
13 Total Value $$$$ Total Annual value of Chamber support = $190,000 The City s ROI is over 380% We have used a VERY conservative dollar amount to value the efforts of our Chamber members, volunteers and directors!
14 Bill the City $3,900--$4,100 per month Pay $785 per month in rent Net outlay for city is only $3,200 each month ($38,600/year) Almost 300 members 2,100 business
15 Analysis of Chambers of Commerce West Jordan: $60K Chamber West: $22,500- $10K from West Valley & 10K from Taylorsville & $2,500 from Kearns & negotiating with Millcreek. Murray Chamber: $2K Negotiations with Midvale
16 Analysis of Chambers of Commerce Tooele Chamber: $57, $11K Tooele & $1,200 Grantsville & $45K from county through TRT funding. Cache Chamber: $ 42K -- $7K Logan & $35K Cache County Utah Valley Chamber: $13K -- $5K Provo, $5K Orem, $3K Utah County Davis Chamber: $5K
17 Chambers Contract with city of South Salt Lake Business visits to top 100 sales tax generating Representing the Chamber and City July 3 rd Veterans Appreciation Reception Strong Business relationships with Microenterprise Loan Fund Monthly Chamber / City Economic Development
18 Chambers Contract with city of South Salt Lake Host networking luncheons Provide continued support, marketing and participation with South Salt Lake Police Deparment Official business outreach for the city New Business Arts District
19 Chambers Contract with city of South Salt Lake Utah Governor s Business Friendly Community Program Promise SSL Jobs and JEDI Weekly Coordination Meetings
20 Business Community Relations Chamber e-newsletters and press releases/articles about relocations, expansions, openings, major hiring, etc. Promotion of City events in the twice-weekly Chamber e-newsletter. Participation in Community Connection and marketing the projects.
21 Business Community Relations Marketing of City logo, City initiatives and City redevelopments at Chamber events Educational presentations, such as Ready Your Business, business development, small business resources, business planning, etc. Continue to actively participate with the Salt Lake Chamber s Public Policy Team and Women in Business Center.
22 Business Incubator Develop a stakeholder committee to understand the opportunities and feasibility for beginning a center in the City. If feasible, develop a plan for locating a site for the center, partners, and funding arrangements to make the center feasible. Present the feasibility plan to the mayor and chamber board.
23 Business Resources Center Continue to manage the Chamber/City Business Resource Center Website with resources, marketing materials, and links to available business resource programs Develop new ways in promote the center to potential new business owners. These services will continue to be provided at no charge from the Chamber.
24 Chamber Foundation Founded years ago to create scholarships for Miss SSL Contestants Grown Substantially to now supporting campaings such as our new Paws and Patriots Over $20K raised Granite Education Foundation Columbus Community Center Student awards at local schools
25 SSL Business Owners
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