Posts Tagged ‘City Council’
Open letter to City Council requesting a business plan
March 13th, 2009
(March 13, 2009) – - Mayor Sessoms and members of council,
Several years ago, citizens requested that the Virginia Beach City Council develop a business plan for all projects in the Oceanfront Resort Area.
A business plan provides a vision of the final design and clear direction for all development and includes rigorous cost estimates and realistic expectations of the return on investment (ROI).
A comprehensive business plan: Must identify the major components of a revitalized resort area; state the costs of all projects (including the interest costs); and state the anticipated revenue. From this information, council can calculate the economic justification for the projects
Posted in Virginia Beach Economics, Virginia Beach Politics | 
Tags: City Council, No business plan, Virginia Beach | 
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