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  Item No. 3.       
Meeting Date: 03/12/2020  
COMMITTEE: N/A  
CONTACT: Joe Neeb CHAIR: N/A

ACTION REQUESTED:
PRESENTATION -  Roswell Chamber of Commerce Annual Report to the City Council per contractual agreement. Juanita Jennings / Candace Purcella
BACKGROUND:
Initiated by:  Juanita N. Jennings
 
The City of Roswell and the Roswell Chamber of Commerce entered into an agreement with a Scope of Service to promote business retention & development as well as relocation services in the City of Roswell. 
 
The following items were to be submitted quarterly:  Quarterly reports, annual budget including a breakout of employee salaries paid through City funding, its most recent financial audit, proposed budget and programs report, and a report detailing how the City’s funds are expected to be spent with 75% of the budget allocated to Business Development & Retention and 25% allocation to Relocation Services. 
 
The Roswell Chamber of Commerce annual report shall be provided to the entire City Council during a City Council meeting.  These reports include: disclosure of Chamber financial status, Chamber Profit & Loss Budget to Actual, budget and salaries, operations conducted during the preceding year, planned future operations, list of membership renewals, and cancelled membership, any other information agreed to by both the Chamber & the City of Roswell.  In addition, the Chamber will provide all meeting notices, minutes, and agendas for the chamber board meetings.  
FINANCIAL CONSIDERATION
There are no financial costs at this time.
LEGAL REVIEW:
There is no legal review required at this time.
BOARD AND COMMITTEE ACTION:
There is no committee action is required at this time.
STAFF RECOMMENDATION:
Presentation - for information only.
Attachments
ATT 1 Roswell Chamber Annual Report


    

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