Councilor Romero Promotes Five Year Economic Recovery Plan For Tucson's Future

Please click the following link to access a .pdf version of Councilor Romero's Plan

Five Year Economic Recovery Plan

FOR IMMEDIATE RELEASE

Contact: Regina Romero, City Councilor, Ward 1

Date: November 16, 2010

Phone: (520) 791-4040

TTY: (520) 791-2639

Page: 1 of 1

 

 

Councilor Romero Promotes Five Year Economic Recovery Plan for Tucson’s Future

 

Tucson City Councilor Regina Romero wants Tucson to lead the region and plan for prosperity. She has submitted a Five Year Economic Recovery Plan to Mayor and Council that will be discussed at today’s City Council study session.

"With a balanced approach of reducing our budget and creating economic incentives, Tucson can leave the recession behind in five years," said Councilor Romero. "We must take a proactive approach and pursue economic policies that will create jobs, expand business opportunities and spur the economy."

Councilor Romero has offered six principles for our City’s economic recovery and requests the following presentations to Mayor and Council at upcoming study sessions.

• November 16, Financial Resources Development: Create an incentive policy supportive of emerging technology sectors including clean energy, biotechnology and technology commercialization. With support from Tucson Regional Economic Opportunities (TREO), local academic institutions and other partners the City can develop policies that will encourage long-term, high-wage jobs.

• November 23, Building on Previous Accomplishments: In the past two years the process to get a Certificate of Occupancy has been simplified, an online business portal has been created, sign-code permits have been streamlined and a program to defer impact fees has been implemented. Councilor Romero helped to shepherd the Protected Development Rights program, saving businesses hundreds of thousands of dollars.

• December 7, Small Business Procurement with the City of Tucson: The City’s Small Business Enterprise (SBE) program certifies local small businesses to do business with the City of Tucson. Currently 170 businesses are certified. The Small, Minority and Women’s Business Commission can support reaching out to potential participants.

• December 7, Make the 10% Shift to Buy Local to Support City Services: Invest a minimum of 10% of all spending in locally owned businesses. Of every $100 spent, $45 of every will be reinvested in our community, compared to $13 at a national chain. Spend locally and invest in important City services like police officers and firefighters.

• December 14, Build Economic Development Partnerships: Local academic institutions are ground-zero for innovation, developing technology and start-up business ventures. Our relationships with the University of Arizona and Pima Community College are investments in retention. Small businesses should also have an opportunity to access resources such as the U.S. Small Business Administration, Micro-Business Advancement Center, and the City of Tucson Procurement Department through "Small Business Town Halls".

• January 4, Heritage-based Economic Development: Studies have shown that heritage travelers spend more money and stay longer than traditional travelers. Tucson is an authentic Southwestern experience offering world class museums, history, and cultural festivals. Our strategic location just 60 miles north of the international border offers tremendous opportunity for partnering with the sister cities of Nogales, Arizona and Nogales, Sonora. 30% of Tucson’s tax revenues are generated from Mexican tourism. Our partnership with Metropolitan Tucson Convention and Visitor’s Bureau (MTCVB) is also critical to marketing efforts.

 

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