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City Manager
2016-2020 FINANCIAL PLAN
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
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;
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.
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