AGENDA DATE: 6/7/2017
TITLE:
Title
Memorandum of Understanding between the County and the Economic Development Authority
BODY
SUBJECT/PROPOSAL/REQUEST: Consideration of a memorandum of understanding that describes the respective roles of the County and the Economic Development Authority
ITEM TYPE: Consent Action Item
STAFF CONTACT(S): Walker, Kamptner, Blair, Catlin, Stimart
PRESENTER (S): Greg Kamptner
LEGAL REVIEW: Yes
REVIEWED BY: Douglas C. Walker
BACKGROUND: On November 2, 2016, the Board considered a Memorandum of Understanding (MOU) between the County and the Economic Development Authority (EDA). (See Attachment A for the MOU and Attachment B for the November 2, 2016 Executive Summary.)The Board directed staff to present the EDA with the proposed MOU for its consideration and approval. Once the EDA approved the MOU, the Board requested staff to return the MOU for its consideration.
STRATEGIC PLAN: Economic Prosperity: Foster an environment that stimulates diversified job creation, capital investments, and tax revenues that support community goals.
DISCUSSION: The EDA approved the MOU by a vote of 5 to 1 at its November 15, 2016 meeting.
BUDGET IMPACT: There is no budget impact.
RECOMMENDATION:
Recommendation
Staff recommends that the Board adopt the proposed MOU (Attachment A).
ATTACHMENTS:
A - Proposed MOU between the County and the EDA
B - November 2, 2016 Executive Summary
C - Resolution