O-2003-2688 - Laserfiche WebLink

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. . REQUEST FOR CITY COUNCIL AGENDA ITEM Agenda Date Requested: December 8. 2003 Aoorooriation Requested By: .Jnhn .Jnprnll Source of Funds: Community Investment Department: !\dmiAilitratioA Account Number: 036-6061-565 Report: Resolution: Ordinance: x Amount Budgeted: Exhibits: Ordinance 2003- Amount Requested: $20,000 Exhibits: Ae:reement with Bav Area Houston Budgeted Item: YES NO Exhibits: PrnpnllRI fnr El'nnnmil' npvplnpmpnt ServiN'lI (Exhibit A to Agreement) Exhibits: Matrix of Services Provided bv Bav Area Houston to Other Government Entities SUMMARY & RECOMMENDATION Our discussions with Bay Area Houston, were a response to one of Council's goals to accelerate economic development activities. Earlier, staff provided Council with general information about the Bay Area Houston Economic Partnership. The November 8, 2003 Council Retreat included a specific proposal for Economic Development Services. Based on input received at the retreat the following modifications were made to the proposal: Item I: The survey section was modified to add "the image of La Porte" to the perception of La Porte as a place to do business. Item 2: Was modified to specifically include tourism (although implied). Item 3: Was modified to include a specific reference to developing a more diversified tax base. (Although this is referenced in the general provisions of the proposal). Item 8: The national keep it sold effort relating to education offederal officials on the importance of NASA was replaced with: [J An outreach program to discuss issues with local industry and develop a program to address their concerns and focus on retention and growth. Fee: The fee was reduced (to compensate for modifications) from $25,OOO/yr to $20,OOO/yr payable in two installments, 151 within 30 days of effective date of Agreement and 2nd within 30 days of the semi-annual meeting and first progress report. The term of the Agreement is for 3 years. It includes provisions for termination of convenience by the City and termination for cause by either the City or Bay Area Houston. We have also provided for Council's information a matrix, which summarizes economic development services that are provided to Bay Area Houston's other governmental clients. Additionally, we would like to secure Council's approval to utilize the recently completed La Porte photo-collage (featured on our Ready for Business Magazine) as the flag/symbol, which will be utilized by Bay Area Houston to represent La Porte.