Investor e-mail
April-May 2008
   
Business News
 

Washington, D.C. 2008 Business Mission
a Success

The Aurora Economic Development Council conducted its Washington, D.C. 2008 Business Mission April 15 – 18. More than 70 business executives and political leaders met with the Colorado congressional delegation and discussed issues of importance to Aurora and Colorado including transportation, bioscience and aerospace.

The number one priority of the mission included discussions on securing federal funding for the interchange at I-225 and Colfax Avenue. The group also expressed its concern of cultivating the aerospace and defense industry in Colorado by protecting and growing Buckley Air Force Base. Equally important in the delegation meetings was conversations on Colorado’s bioscience industry and how we can continue to support it with additional funding from the National Institutes of Health among other sources.

Having the Aurora Economic Development Council group meet with our delegation for federal support helps ensure that Colorado maintains and enhances its leading position in these industries, keeping the state competitive in economic development. 

Cyber Command
The Aurora Economic Development Council and the Colorado Springs Chamber of Commerce are playing leadership roles in the development of a proposal to the United States Air Force for the location of the headquarters of Air Force Cyber Command, the 10th major command for the Air Force, at either Buckley Air Force Base or Peterson Air Force Base. The new command will consolidate offensive and defensive efforts to dominate the new war-fighting theater of cyber space-the radio waves, computer networks, cell phone signals, and all other parts of the electromagnetic spectrum the modern world uses. Other participants in the proposal development are the Aurora Chamber of Commerce, and space industry companies with the support of the Governor’s Office and the Colorado Congressional delegation. There are 18 states vying for the command. A decision on the location is expected in late 2008 or early 2009.

National Space Symposium
The Aurora Economic Development Council was an active participant as a member of the Colorado Space Coalition (CSC) and the Colorado Space Business Roundtable (CSBR) at the recent 24th National Space Symposium in Colorado Springs. This symposium brought together over 7,500 of the top civil, commercial, and military leaders of the space industry to discuss critical issues affecting space exploration, space commerce and national security. Aurora EDC staff and other CSC members manned a large exhibit at the Symposium Exhibition Hall for four days and had extensive interaction with symposium participants and national political leaders. Lt. Governor Barbara O’Brien distributed plaques to all companies at the exhibition with Colorado operations recognizing their contribution to the state’s economy. As a member of CSBR, Aurora EDC participated in co-hosting a reception with the Canadian Consulate from Denver for space industry companies.

 
Thank you to all Washington, D.C. Business Mission Sponsors:
 

City of Aurora
The Boeing Company
The Children's Hospital

D.A. Davidson & Co.
Fitzsimons Redevelopment Authority
Colorado Science + Technology Park at Fitzsimons
Lend Lease Communities
Lockheed Martin
Metro Center LLC
(no link)
Michael A. Sheldon & Associates LLC
(no link)
Oakwood Homes LLC

ProLogis
University of Colorado Denver 
University of Colorado Hospital

 
 
Legislative Update
 
 

HB 1001 – Bioscience Research Grant Program – RIESBERG/BACON (Support)Aurora EDC Action
Senior Vice President Dick Hinson testified before the House Finance Committee. Staff took immediate action by drafting support for HB 1001 for public policy committee members and board of directors to call and/or e-mail the House Finance Committee.
Status
04/24/2008 Governor Action – Signed

HB 1189 – Prohibit Personnel Employee Strikes – RIESBERG/GIBBS (Support)
Aurora EDC Action
Monitoring – The Aurora Economic Development Council originally was monitoring HB 1187 – Prohibit Personnel Employee Strikes – and shifted its focus to HB 1189 after HB 1187 was Postponed Indefinitely by the House Committee on Business Affairs and Labor on 1/24/2008. 
Status
04/03/2008 Governor Action – Signed
HB 1225 – Business Personal Property Tax Exemption – RICE, BUESCHER/WILLIAMS, WARD (Support)
Aurora EDC Action
Monitoring
Status
04/30/2008 House Considered Senate Amendments - Result was to Concur - Repass
Next Step: Governor Action
HB 1259 – Special Districts - CARROLL M./(NONE) (Neutral)
Aurora EDC Action
Monitoring
This bill has been re-drafted with the assistance of the Colorado Metro District Association to address areas under concern by multiple entities.
Status
03/20/2008 Senate second reading laid over to 5/10/2008 (killed)
HB 1261 – “Fly-away” Sales Tax Exemption for Aircraft – BUESCHER/BACON (Support)
Aurora EDC Action
Monitoring
Status
04/22/2008 Senate Third Reading Passed
Next Step: Governor Action

 

©2006 Aurora Economic Development Council • 562 Sable Blvd, #240 Aurora, CO 80011 • T 303.340.2101 • F 303.340.2111