05-24-21 Regular Meeting of the La Porte Development Corporation Board

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• Promote small or disadvantaged business development. • Present La Porte in Alliance's marketing materials, including its website. • Provide annual or more frequent reports to La Porte on the performance of the services. • Prepare press releases and act as media liaison publicizing the La Porte efforts. • La Porte will be included as a participant in Alliance's economic development Quality of Life initiative, which focuses upon regional marketing and regional aesthetic improvements within the San Jacinto Texas Historic District. This service provides to the La Porte that the Alliance will communicate grant opportunities regarding this project to city, at no obligation to the city. • Invitation to city officials and staff to all events organized and/or hosted by the Alliance. • The Alliance will provide full membership on its board of directors for a designee of the City of La Porte. Furthermore, the Alliance will make available to La Porte the following: • Access to information in its library and databases with the exception of company economic development prospects who are not seeking to locate in La Porte. • Copies of the Alliance studies reports and evaluations relating to economic development issues with the exception of work related to confidential prospects. • Copies of the Alliance publications. Since the funds are budgeted in the La Porte Development Corporation budget, the agreement needs both approval by the La Porte Development Corporation Board and City Council. City Council will act upon this agenda item at their May 24, 2021 meeting. ACTION REQUIRED BY BOARD Consider approval or other action authorizing the La Porte Development Corporation Board President to sign a thirty-six (36) month economic development services agreement in the amount of $20,000.00 per year with the Economic Alliance Houston Port Region beginning July 1, 2021 and ending June 30, 2024. Approved for the La Porte Development Corporation Board meeting agenda Corby D. Alexander, City Manager Date