Report on Economic Development Ramifications of BYOB Ordinance
Report on Economic Development ramifications of BYOB Ordinance as approved by the Groton Town Council. By Michael Whitehouse Respectfully submitted September 3rd, 2018 Summary The BYOB Ordinance as approved by the Groton Town Council will have negative effects on economic development in four areas: The likely closure of a locally owned business and loss of late night entertainment Town reputation and business recruitment Events, conference, and special events Loss of downstream economic activity From an economic development standpoint, there are no clear benefit to this ordinance. On September 12th, 2018, the RTM will consider vetoing this ordinance. A veto requires a ⅔ vote of members in attendance to pass. Purpose and Background I became interested in the ramifications of this ordinance based on my considerable experience as an event organizer. On countless occasions, organizations I have worked with have suffered economic losses or elected not to