
Commerce City staff is asking City Council to extend this program through October 31, 2011. During the coming weeks, Economic Development staff will analyze program results, present the results to the Economic Development Business Advisory Committee (EDBAC) on September 7, and to the Citizen Advisory Committee (CAC) on September 28, seek recommendations from the committees, and present the recommendations regarding a permanent incentive program to City Council in October. An extension of the existing program is needed in order to allow for the acceptance of incentive applications during this review period. Economic Development anticipates the submittal of applications by various existing and prospective businesses in the months of September and October. Rather than put the program on hold during this review time, city staff recommend that City Council extends the program through October 31, 2011; at which time, staff will make recommendations to council for a permanent incentive program.