07-23-18 Regular Meeting of the La Porte Development Corporation Board

Browse Search

g. Attracting new businesses and development to La Porte, Texas; h. Encouraging the expansion and development to La Porte, Texas; i. Retaining businesses currently located in La Porte, Texas; j. Establishing new partnerships for the promotion of economic development. ARTICLE II Qualifications of THE ECONOMIC ALLIANCE Section 2.01: THE ECONOMIC ALLIANCE represents that: a. THE ECONOMIC ALLIANCE is a non-profit entity that is authorized to promote economic development in all or a portion of Harris County and is currently in good standing with the State and Federal government; b. THE ECONOMIC ALLIANCE is engaged in an on-going effort to attract new businesses, to encourage the expansion of existing businesses, or to retain existing businesses in Harris County, including La Porte, Texas; c. THE ECONOMIC ALLIANCE hereby agrees to participate in joint projects and coordinate its activities with THE CITY and in an effort to reduce duplication of services and to enhance cooperation. ARTICLE III Scope of Services Section 3.01: Services to be Provided: THE ECONOMIC ALLIANCE will provide to THE CITY the services described in the following paragraphs: a. Conduct one educational seminar specific to THE CITY for local economic and community development professionals, as well as government officials, local business and community leaders; b. Establish an ongoing program to develop quality prospect leads, focusing on the targeted industries of greatest importance to THE CITY; c. Undertake or update workforce analyses to provide current data targeted to prospective industries; d. Interact with local, state, and federal officials, and local economic development organizations and chambers of commerce on a regular basis; e. Compile and disseminate economic and business related data to THE CITY on at least an annual basis; f. Interact with the Texas Department of Economic Development on behalf of THE CITY and other economic development groups to acquire economic business related data; g. Promote small or disadvantaged business development; h. Present THE CITY in ECONOMIC ALLIANCE's marketing materials, including its website; 1. Provide annual or more frequent reports to THE CITY on the performance of the services described and outlined herein;