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  Item No. 4.       
Meeting Date: 05/13/2021  
COMMITTEE: N/A  
CONTACT: Juanita Jennings CHAIR: N/A

ACTION REQUESTED:
Presentation - Roswell Chaves County Economic Development (EDC) annual report- A presentation to the Roswell City Council on EDC’s Scope of Work efforts for FY21 in an Annual report. (Perry/Jennings)
BACKGROUND:
Initiated by: Juanita N. Jennings
 
The City of Roswell entered into an agreement with Roswell Chaves County Economic Development which it’s mission is to accelerate the region’s global competitiveness by attracting and supporting economic-base businesses, develop the workforece, support entrepreneurship, develop real estate, and legislative advocacy for business relating to their target industries.  The City and EDC agreed EDC would focus efforts on Business Retention, Expansion and Economic Development Services as well as Technical Services.
 
Per contract EDC is to present their Scope of Work efforts for FY21 as well as include a disclosure of EDC’s financial status, Profit and Loss Actuals vs Budget, operations conducted during the preceding year, planned future operations and other information necessary in an Annual Report and present to City Council.
FINANCIAL CONSIDERATION
None at this time.
LEGAL REVIEW:
Not required at this time.
BOARD AND COMMITTEE ACTION:
Presentation Only.
STAFF RECOMMENDATION:
Presentation Only.

    

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