2016-2020_Financial_Plan_Web

City Manager

FUTURE INITIATIVES

ECONOMIC  Create Economic Diversification Strategy that outlines the context, rationale and approach for supporting five priority sectors;  Review Innovation Boulevard governance structure and facilitate changes with partners, if necessary, to ensure it supports increasing commercialization activity;  Continue to lead and refine marketing and performance measurement for Innovation Boulevard;  Develop an online agriculture incubator to facilitate land-linking opportunities between young farmers and ALR land owners;  In partnership with SFU and KPU, commission an Advanced Innovation & Manufacturing Jobs and Investment Study to understand the advanced skills development and business opportunities for the next 5-10 years;  In partnership with the BC Agriculture Centre of Excellence, SFU, UBC, and KPU, coordinate and attract some of North America’s top agri-innovation companies to develop, test and deploy next generation technologies at the BioPod Research & Demonstration Greenhouse at the John Volken Academy;  Support growth of the Cultural

 Continue the Business Visitation Program with a target to visit 135 businesses;  Coordinate the formal administrative process for establishing a Fleetwood BIA;  Identify how to grow Surrey’s Film Environment to better support increased onsite filming while attracting involvement and investment in post-production and animation activities;  Proactively seek out and pursue government grants and other funding opportunities on behalf of City to make timely submissions and undertake appropriate follow up;  Build an Intergovernmental Relations team to ensure policy, project and funding needs are effectively communicated to all levels of government and regional stakeholders;  In conjunction with the Engineering Department, finalize an Operating Agreement with FortisBC Energy Inc. which will among other things, provide for the payment to the City of an annual operating fee of 3% of gross revenues equating to approximately $4.5 million per year; and  In conjunction with the Engineering Department, work towards entering into an Operating Agreement with BC Hydro which will have the effect of reducing City costs particularly in respect of relocating Hydro facilities in Surrey highways.

Corridor by positioning it as an economic hub that will draw

investment and entrepreneurs into the creative economy while also creating places for young people to gain while launching their careers in the arts;

2016-2020 FINANCIAL PLAN

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