Title
PBIA Phase 2 Discussion
Recommended Action
No action requested
Report
Issue:
Discussion on the PBIA Restructure Phase 2 project.
Staff Contact:
Jennica Machado
Presenter(s):
Jennica Machado, Economic Development Director, Community Planning and Economic Development Department, 360.480.9167
Background and Analysis:
The Parking Business Improvement Area (PBIA) Advisory Board and the Olympia City Council reviewed the Phase 1 PBIA Evaluation and approved Phase 2 to move forward. The Thurston Economic Development Council (EDC) is moving forward as the lead consultant to complete Phase 2 of the project.
The EDC will attend the July PBIA Advisory Board meeting to continue discussion of next project steps and seek input from the Board.
Climate Analysis:
There are no climate impacts from this item.
Equity Analysis:
The Phase 2 evaluation will apply an equity lens to both the stakeholder engagement process and the restructuring of the PBIA model. The analysis will focus on creating a equitable ratepayer structure that considers the impacts on marginalized, low-income, or minority-owned business communities downtown to prevent unintended financial or operational harm.
Neighborhood/Community Interests (if known):
Direct outreach, surveys, and formal neighborhood comment periods have not yet been conducted for Phase 2. A comprehensive stakeholder engagement and outreach plan will be designed in collaboration with the Thurston EDC following the June PBIA Advisory Board meeting.
Options:
1. Discuss Phase 2 with the Thurston Economic Development Council
2. Do not discuss Phase 2 with the Thurston Economic Development Council
Financial Impact:
The Phase 2 PBIA Restructure project is funded with twenty five percent PBIA funds and twenty five percent City general funds. The contracts are not to exceed fifty thousand dollars.
Attachments: