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Board authorizes Placer AI and CoStar subscriptions to boost business recruitment
Summary
The board approved staff requests to pursue subscriptions to Placer AI (quoted at $27,000/year) and CoStar (cost listed in proposal) and directed staff to coordinate legal and IT review; motion passed at the meeting.
The board authorized staff to proceed with subscription contracts for two commercial data platforms aimed at improving retail recruitment and market analysis. The economic development administrator told the board Placer AI would run about $27,000 per year and that CoStar pricing appears in the proposal; he urged the board to allow legal and IT review before final contracting.
"I'm requesting authorization for the direction from the board to proceed with the internal process with the city to move forward with these resources," the economic development administrator said, asking for action. Board member Arnold moved to authorize the subscriptions; after a second the motion was approved. Staff said other city departments (public works, code enforcement, planning) could also use the tools and that the subscriptions would be centrally managed.
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