Board of Directors Regular Meeting Agenda


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Meeting Date: 12/04/2019  

SUBJECT MATTER:
Receive, consider and act upon an annual report from The Woodlands Economic Development Partnership; 
FISCAL IMPACT:
During the FY 2020 budget meetings, The Woodlands Township Board of Directors approved operational funding for The Woodlands Area Economic Development Partnership not to exceed $195,000.
BACKGROUND:
The Woodlands Township partners with The Woodlands Area Economic Development Partnership to recruit new business and to retain existing business in The Woodlands. This funding positions the Partnership to retain seasoned professionals to implement economic development programs. By establishing and maintaining close working relationships with other groups in the South Montgomery County and Houston metropolitan area, the Township will be in a position to have firsthand knowledge of prospects considering relocation to the area.

The renewal of the Service Agreement with The Woodlands Area Economic Development Partnership was approved at the October 23, 2019 Board of Directors meeting.
 
The organization’s Chief Executive Officer Gil Staley will be in attendance to present activities of 2019 and will look to the future of 2020 regarding economic development.
RECOMMENDATION:
Approve the report as presented.
Attachments
EDP 2019 Annual Report


    

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