Economic Development Advisory Committee

ECONOMIC DEVELOPMENT ADVISORY COMMITTEE DECEMBER 06, 2023 AT 11:00 AGENDA AM COUNCILOR’S CONFERENCE ROOM CITY HALL PROCEDURES FOR ECONOMIC DEVELOPMENT ADVISORY COMMITTEE MEETING Written Public Comment: Members of the public may submit written comments on legislation by clicking on the comment bubble to the right of the meeting on the public portal at https://santafe.primegov.com/public/portal three hours prior to the start of the meeting. Live Public Comment: Members of the public may provide public comment in person. The agenda and packet for the meeting will be posted at https://santafe.primegov.com/public/portal. 1. CALL TO ORDER 2. ROLL CALL 3. APPROVAL OF AGENDA 4. APPROVAL OF CONSENT AGENDA 5. APPROVAL OF MINUTES a. Approval of the Minutes from the November 1, 2023, Economic Development Advisory Committee (EDAC) ECONOMIC DEVELOPMENT ADVISORY COMMITTEE MEETING Wednesday, December 6, 2023 Page 1 of 3 6. ACTION ITEMS: CONSENT a. Request Approval of a Budget Adjustment Resolution (BAR) in the Amount of $800,000 to Allocate FY23 Gross Receipts Tax Revenue Earned Over Budgeted Estimates to Fund Infrastructure Design at the City of Santa Fe’s Midtown Site. (Lee Logston, Midtown Asset Development Manager lrlogston@santafenm.gov). Committee Review: Finance Committee: 12/04/2023 Economic Development Advisory Committee: 12/06/2023 Quality of Life Committee: 12/06/2023 Public Works and Utilities Committee: 12/11/2023 Governing Body: 12/13/2023 7. ACTION ITEMS: DISCUSSION a. Request Approval to Enter into an Exclusive Negotiating Agreement between the City of Santa Fe and LiveArts Santa Fe, for the Purpose of Performing Due Diligence Activities and Negotiating Terms for Land and Building Disposition and Redevelopment of the Midtown Performing Arts Center Pursuant to the City’s Request for Proposal No. 23/16/P. (Lee Logston, Midtown Asset Development Manager: lrlogston@santafenm.gov; Karen Iverson, Director, Metropolitan Redevelopment Area: kriverson@santafenm.gov; Rich Brown, Director, Community Development: rdbrown@santafenm.gov; Daniel Hernandez, Midtown Redevelopment Project Manager, Proyecto: daniel@proyecto.is) Committee Review: Finance Committee: 12/04/2023 Economic Development Advisory Committee: 12/06/2023 Quality of Life Committee: 12/06/2023 Public Works and Utilities Committee: 12/11/2023 Governing Body: 12/13/2023 ECONOMIC DEVELOPMENT ADVISORY COMMITTEE MEETING Wednesday, December 6, 2023 Page 2 of 3 8. PRESENTATION a. Creative Experience Santa Fe 2023 - (Alice Loy, CEO, Creative Startups: alice@creativestartups.org) b. Outdoor Rec Conference Review (Johanna Nelson, Director, Office of Economic Development: jcnelson@santafenm.gov) c. Office of Economic Development Year End Wrap Up (Johanna Nelson, Director, Office of Economic Development: jcnelson@santafenm.gov) 9. PUBLIC COMMENT 10. MATTERS FROM STAFF 11. MATTERS FROM THE COMMITTEE 12. MATTERS FROM THE CHAIR 13. NEXT MEETING: No Meeting Scheduled 14. ADJOURN ECONOMIC DEVELOPMENT ADVISORY COMMITTEE MEETING Wednesday, December 6, 2023 Page 3 of 3