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Resolution No. 00-64
RESOLUTION
AUTHORIZING EXECUTION OF A SERVICE AGREEMENT WITH
THE ELGIN AREA CHAMBER OF COMMERCE
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN,
ILLINOIS, that Ed Schock, Mayor, and Dolonna Mecum, City
Clerk, be and are hereby authorized and directed to execute an
agreement on behalf of the City of Elgin with the Elgin Area
Chamber of Commerce for economic development activity, a copy
of which is attached hereto and made a part hereof by
reference .
s/ Ed Schock
Ed Schock, Mayor
Presented: March 8 , 2000
Adopted: March 8 , 2000
Omnibus Vote : Yeas 7 Nays 0
Attest :
s/ Dolonna Mecum
Dolonna Mecum, City Clerk
SERVICE AGREEMENT
THIS AGREEMENT is made and entered into on this / '7 / day of
/h ,-ie c , 1999, by and between the ELGIN AREA CHAMBER OF
COMMERCE, a not-for-profit organization, (hereinafter referred to
as the "Chamber") and the CITY OF ELGIN, Illinois, a municipal
corporation, (hereinafter referred to as the "CITY")
WHEREAS, The City of Elgin, Illinois has determined it to
serve a beneficial public purpose to foster economic growth within
the community through the expansion and redevelopment of existing
business and industry; and
WHEREAS, The City of Elgin has further determined it to serve
a beneficial public purpose to foster economic growth through the
atttraction of new business and industry; and
WHEREAS, The Chamber has developed an economic development
program to be implemented by the Economic Development Council
(hereafter referred to as the "EDC") ; and
NOW, THEREFORE, in consideration of the mutual promises and
convenants contained herein, the sufficiency of which is hereby
acknowledged, the parties hereto agree as follows :
1 . The City shall pay to Chamber the sum of $172, 000 to be
made in four equal payments . The first payment will be
made following the execution of this agreement . The
second payment shall be made by April 1, 2000 . The third
payment shall be made by July 1, 2000 . The fourth
payment shall be made by October 1, 2000 .
2 . Chamber shall address all inquiries and requests made
pursuant to this agreement to City' s Director of Economic
Development and Business Services .
3 . Chamber' shall apply the $172, 000 contribution to
operating expenses such as staff salary and benefits,
rent, meeting expenses, and expenses associated with
sponsorship of community events . See Attachment A for a
line-item budget and program measurements .
4 . The Chamber will follow its Years 2000-2004 prioritized
five-year strategy focusing on:
a) Specific businesses and industries where retention
effort will likely be most productive, including
the establishment of a Business Retention
Committee .
b) Workforce development initiatives, including labor
market analysis, wage and benefit survey, and the
establishment of a Workforce Development Committee
to oversee and coordinate program efforts with
other workforce development agencies, such as U-46,
Elgin Community College, The Illinois Department of
Employment Security, Kane County and Judson
College .
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c) Creation of an Image Enhancement and Awareness
Committee, whose purpose is to educate regional
businesses, regional realtors, various other
agencies and the general public about the positive
growth climate and quality of life of Elgin.
d) Establishment of a formal Government Relations
Committee, thus allowing the Chamber to design and
implement a pro-active legislative policy
initiatives at both the state and federal level,
complementing present efforts by the City.
e) Continuation of work with prospective new
businesses that are interested in relocating to
Elgin. The Chamber will be the lead agency in
promoting and marketing Elgin in the development
community.
5 . As business locations within Elgin turnover, the Chamber
will work with property owners and the City to develop
options for re-use or redevelopment of the site .
6 . The Chamber will update the directory of area
manufactures and distributors, including industrial
classification, e-mail address and other useful
information.
7 . The Chamber will maintain a current inventory of
development and redevelopment sites . The inventory will
include information about the site size, zoning, and
other pertinent site characteristics .
8 . As part of the Chamber' s Business Recruitment program,
attend two regional trade shows, one commercial and one
industrial during 2000 .
9 . The Chamber will organize two or more site selector
activities for Chicago-area developers, sites consultants
and brokers to familiarize them with Elgin development
areas, general contractors, banks/lending institutions,
and other community resources .
10 . The Chamber will continue the development of electronic
marketing material that promotes Elgin to targeted site
selectors and developers, specifically the updating of
its web site . This material will include available
buildings and sites and their characteristics, an in-
depth community profile, workforce information,
permitting, available incentives and other information
now required by national site selectors .
11 . Representatives of the Chamber shall continue the
quarterly meetings with representatives of the New
Century Partnership for Elgin and the Downtown
Neighborhood Association of Elgin. The Chamber will serve
as the coordinator of these meetings .
f .
12 . The Chamber will continue its staff support to the City
Central Business District and other community development
programs .
13 . The Chamber will continue working with the other downtown
organizations and downtown business owners, providing
assistance to downtown business owners .
14 . The Chamber will continue to work in conjunction with the
Suburban Minority Business Council (SMBC) , and the
various business assistance programs at Elgin Community
College, for the purpose of encouraging the growth of
Elgin' s minority businesses and small businesses in
general .
15 . The Chamber shall facilitate the activities and meetings
of the EDC. The EDC shall function consistent with the
description provided attached as Attachment A.
16 . The Chamber shall provide a written report detailing the
disbursement of $172, 000 . This report shall be provided
to the City Council by January 1, 2001 and shall provide
a summary of program activity.
17 . Quarterly activity reports summarizing services provided
shall be provided to the City Council before each draw of
the contract, with mid-year and year-end presentations to
the Mayor and City Council .
18 . The City shall have the right to review all accounting
records related to the use of the $172, 000, given 72
hours notice, and at a time agreed upon by both parties.
19 . The Chamber shall to the fullest extent permitted by law
indemnify, defend and hold harmless the City, its
officers, employees, agents, boards and commissions from
and against any and all claims, suits, judgements, costs,
attorney' s fees, damages or other relief arising out of
or in any way connected with the existence of or the
performance of this agreement including but not limited
to as a result of any negligent or unlawful actions by
the Chamber, its officers, employees or agents in the
performance of this agreement . Nothing herein affects
the Chamber' s duty to defend the City. In the event of
any action against the City, its officers, employees,
agents, boards or commissions covered by the foregoing
duty to indemnify, defend and hold harmless such action
shall be defended by legal counsel of the City' s
choosing.
20 . In the agreement event this a ment is terminated or in the event the program for which City funds provided hereunder to be
operations
is disconti
nued or
the Chamber ceases
prior to December 31, 2000 , the Chamber shall refund to
the City on a prorated basis funds paid hereunder for the
portion of the year remaining after any such termination
or for the portion of the year such programs or the
Chamber operations were not conducted.
21 . This agreem
ent shall not be construed so as to create a
partnership, joint venture, employment or other agency
relationship between the parties hereto .
22 . This agreement shall be in full force and in effect from
the date of its execution through December 31, 2000 .
IN WITNESS WHEREOF, the parties hereto have executed this agreement
on the date and year written above .
CITY OF ELGIN,
A municipal corporation
BY
Ed Schock
Mayor
Attest :
City Clerk
ELGIN AREA HAMBER OF COMMERCE
A not-for profit corporation
W,/ ob
BY
Robert H. Car i
President
ATTACHMENT "A"
CITY OF ELGIN
FY 2000 Service Agreement with the Elgin Area Chamber of Commerce
PROGRAM CATEGORIES: Percent of
Programs
Workforce Development $ 37,044 24%
Business Retention & Expansion $ 51,177 33%
Image Enhancement&Awareness $ 29,895 19%
Government Relations $ 6,349 4%
Business Recruitment $ 30,335 20%
Total Program Budget: $ 154,800 100%
Program Costs/Percentage of City Contract: $ 154,800 90%
Indirect Administrative Cost Allocation: 17,200 10%
GRAND TOTAL: $ 172,000 100%
Page I
WORKFORCE DEVELOPMENT Expenditures
In cooperation with existing regional workforce development agencies, including
Elgin Community College, KDK and others, provide a comprehensive and
cooperative workforce initiative. (Subject to funding.)
Goal#1: Establish new Workforce Development Coordinating Committee
to increase training incentive funding by 25 percent to ECC. Develop
strategic plan.
ED support staff time (500 staff hours x$28.49 per hour) $14,248
Total Workforce Development Coordinating Committee: $14,248
Goal#2: Increase the number of participants in skill set training by 5 percent per
year. Includes ESL and other minority training programs.
ED support staff time (400 staff hours x$28.49 per hour) $11,398
Total Minority Training Programs: $11,398
Baseline study of workforce profile, media campaign to encourage
residents to work locally. Goal: increase local workforce by 5 percent.
ED support staff time (300 staff hours x$28.49 per hour) $8,549
Total Workforce Campaign: $8,549
Website Development:
Develop an up-to-date Economic Development Website, which will include
links to local employers and listings of local job availability.
ED support staff time (100 staff hours x$28.49 per hour) $2,849
Total Website Development: $2,849
Action Steps and Performance Measures:
Action Step#1: Coordinate effort with existing workforce development agencies.
Utilize the Chamber's Human Resource Council private sector members and
other similar agencies.
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Action Step#2: Conduct labor availability survey of market area, in conjunction
with Kane County Economic Development Department and other partnering agencies.
Utilize established survey instrument through third party.
Action Step#3: Conduct annual wage and benefit survey. This survey
should be conducted in partnership with other Kane County economic
development agencies.
Action Step#4: Develop an up-to-date Economic Development Website, which will
include links to local employers and listings of local job availability.
Measurement#1: Establishment of the Workforce Development Committee.
Measurement#2: Increase annual funding by $25,000, or$157,500 over five years.
Measurement#3: Increase the number of skill training participants by 250 students.
Measurement#4: Complete the annual wage and benefit survey by year-end in
cooperation with the Kane County Economic Development Department.
TOTAL WORKFORCE DEVELOPMENT: $37,044
Page 3
BUSINESS RETENTION AND EXPANSION Expenditures
Retention and expansion of our existing industry base must be vigorously
pursued to eliminate any possible employment and capital investment
erosion, as well as to support possible expansion opportunities.
Formal Site Visits:
Goal#1: Conduct 50 on-site visitations per year of local industry to identify
issues that inhibit, and the opportunities that promote growth of our
current economic base. Make quarterly retention visits to key
corporate headquarter offices outside the region. Volunteer
committee members and local officials will assist in these efforts.
Site visitations staff time (1,000 hours x$28.49 per hour) $ 28,495
Related materials $5,000 $ 5,000
Postage $ 500
Quarterly visits, including airfare, hotel and related travel
for two participants, each of four trips
Total Site Visitations: $33,995
Research and Support:
Goal#2: Expand tax incentives, downtown redevelopment and small/minority
business services, and access to loan and investment sources, all in
support of local partners and business. Specific projects will include
the Downtown Elgin Technology Project.
Related staff time (200 hours x$28.49 per hour) $5,699
Use of outside consultants, Home Page development, and other resources $2,500
Goal#3: Conduct formal baseline studies to identify strengths, weaknesses,
opportunities, and threats, and respond accordingly to findings. (June)
Related staff time (100 hours x$28.49 per hour) $2,849
Goal #4: Conduct related wage and salary survey annually, business directory,
and other related research demanded by existing businesses.
Outsource modeling, (E.g., Pathfinders)fee $3,000
Related staff time (110 hours x$28.49 per hour) $3,134
Total Research Activities: $17,183
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Action Steps and Performance Measures:
Action Step#1 - Formal Site Visits: (1st qtr.) Conduct 75 on-site visitations per
year of local industry to identify issues that inhibit, and the opportunities that
promote growth of our current economic base. Program will utilize Synchronist
Business Information System, or similar survey instrument and reporting system.
Volunteer committee members and local officials will assist in these efforts.
Action Step#2: Research and Support: (1st Qtr.) Using information from
retention visits, begin updating master employer database, tracking new and
failing businesses.
Action Step#3: Regarding the Technology Action Team, provide staff support
and leadership to develop the area's Information Technology infrastructure. Assist
with media and public education efforts.
Action Step#4: Coordinate information for the wage and salary survey, business
directory, and other related research demanded by existing businesses.
Action Step#5: Expand tax incentives, downtown redevelopment and
small/minority business services, and access to loan and investment sources,
all in support of local partners and business. Specific projects will include projects
for the Downtown Elgin Technology Project.
Measurement#1: Establish the Business Retention & Expansion Committee.
Measurement#2: Complete at least 50 on-site visits in the balance of 2000.
Measurement#3: Document the recruitment of at least two new Downtown
technology/information companies.
Measurement#4: Complete the update of the master employer database for the
Greater Elgin Area. The database will measure the turnover rate of businesses,
identify the number of businesses by the 8 SIC categories and the number of
employees in each of those categories.
TOTAL BUSINESS RETENTION AND EXPANSION: $51,177
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Page 5
IMAGE ENHANCEMENT AND AWARENESS Expenditures
Goal: Develop a regional public relations program.
Action Steps and Performance Measures:
Action Step#1: Conduct an annual media advertising campaign aimed at local
residents, who commute to other locations for work.
Contract staff and materials $3,000
Related ED support staff time (300 hours x$28.49 per hour) $8,548
Total Commuter Campaign: $11,548
Action Step#2: Conduct an annual media advertising campaign aimed at "High
Tech"and"Research and Development"industries.
Contract staff and materials $4,000
Related ED support staff time (100 hours x$28.49 per hour) $2,849
Total High Tech Campaign: $6,849
Develop a quarterly information mailer to "High Tech"and
"Research and Development"industries.
Contract staff and materials $2,949
Related ED support staff time (300 hours x$28.49 per hour) $8,548
Total High Tech Mailer Campaign: $11,497
Total Image Enhancement and Awareness: $29,895
Measurement: Successful completion of activities.
Page 6
GOVERNMENT RELATIONS
Expenditures
Provide funding for Government Relations Committee members to make
two annual visits to legislators in Springfield, Illinois and two annual visits to
legislators in Washington, D.C.
Contract staff and materials $3,500
Related ED support staff time (100 hours x$28.49 per hour) $2,849
Total Government Relations: $6,349
Action Steps and Performance Measures:
Action Step#1: Organized lobby effort sponsored by Illinois Development
Council, Illinois State Chamber or similar organized effort.
Action Step#2: Other related local lobbying effort determined by
Committee in Springfield or Washington.
Measurement: Completion of tasks.
Page 7
BUSINESS RECRUITMENT Expenditures
Goal #1: Make information about the Elgin Area easily accessible to site selectors
and brokers of our target industries.
Goal#2: Develop the information requested by our target industries and present it to
them in the format they expect.
Internet Marketing:
Action Step#1: Purchase of services from American Community Network
Electronic marketing of Elgin Area (Internet marketing). $1,190
Action Step#2: Submission of articles to Site Selection, Area Development(Qtrly)
or comparable national or regional publications.
Partnering Activities:
Action Step#4: Continued participation with World Business Chicago $500
Action Step#5: Participation in IDCCA/IDC Marketing Committee trade show
activities at 1DRC, NACORE and other targeted industries $1,000
Action Step#6: Participate in Kane County trade show efforts in Chicago area. $1,000
Misc. recruitment travel $500
Trade show materials $500
Related Staff Time:
Related ED support staff time (900 hours x$28.49 per hour) $25,645
Total: $30,335
Measurement: Completion of tasks.
Page 8
YEAR 2000 PROGRAM PLAN FOR "CHALLENGE 21"
FIRST QUARTER SECOND QUARTER THIRD QUARTER FOURTH QUARTER
PROGRAM Jan Feb March Apr May Jun Jul Aug Sep Oct Nov Dec
Establish committees(completed)
`"-Chamber Website Development . a f Fr el „Workforce Development
Coordinate w/existin• a•encies
Conduct labor survey w/partners tAikr&si.4.-41:41ALIK.8
Conduct annual wage/benefit survey
Programs for 2001-2004 terR •
Business Retention&Expansion
Develop/adopt survey instrument X .°
Conduct 50-75 formal site visits
Slte visit fe ortS tf P c'` cS vAVM,
Update regional employer database
Recommendations/report
Programs for 2001-2004
Image Enhancement/Awareness
Develo media cam al n blue lint
Residential target component
Target industries component
Select initial local project ittagfattiratikattati/
Develop coordination/materials
Programs for 2001-2004 =`fit=..... .
Government Relations
Organize issues
Coordinate lobbying efforts ` ,',. - tatla fea.>:
Programs for 2001-2004
Business Recruitment
Coordinate efforts w/Retention
Review/update databases
Develop Internet strategy
Develop print media strategy :•. ,_ : .. �: s
Partnership activities(WBC,IDC, Kane)
Programs for 2001-2004
Page 9
YEARS 2001-2004 PROGRAM PLAN FOR "CHALLENGE 21"
I I I I I I 1 I I
YEAR 2001 YEAR 2002 YEAR 2003 YEAR 2004
GOALS!MEASURES 1st Qtr. 2nd Qtr. 3rd Qtr. 4th Qtr. 1st Qtr. 2nd Qtr. 3rd Qtr. 4th Qtr. 1st Qtr. 2nd Qtr. 3rd Qtr. 4th Qtr. 1st Qtr. 2nd Qtr. 3rd Qtr. 4th Qtr.
General Goals
Raise average annual salary by • -
1796/five s/1999 base of$31,400 ' �'`" .S3 sir` C' z t a.ry +, z � 2
yf I .kah e>I xr3a 3 a a sir S xtl3 �z a Fla tetb>i$.I ada xzv3 roi f¢�saa� I111
? `�z t,: $il .r it r' t c* Y 's '41r 1410141 urn- t 6 .�• _ •Increase tax base by$50 mm I-t � � w�+„ �,,..�` ��ca'���ur.�r +.�rt �.��b�'',..�s�, �it-,x �. ��+' ,���;. •
Increase capital investments by$200 mm ,.n,: u _. . ' °•M. ,< .agog,... ti , rai :. Z. r,.. :*. Mati..=. :_; •
Workforce Development
Increase annual workforce funding by y.�-,' *wit yM s�f : •
$157,000 or 25%to ECC-review � r�° `.rn ` g `4-o-'.rtx c�t r t ` � � el r —Increase skill training participants at
ECC and other encies 250 z `" sr �I` * z x5 * ' r`
a9 by Nr• ���} .�.+: ..�.�c,,fi."� ka'� �r��'. a�:':�-a�' w..ti'."�'sit.. <.
Com•ete annual sury- —� -
Business Retention&Expansion Recruit at least two Technology
businesses to Downtown annually Y
Recruit em.to ees/trainin•for area
businesses-meet demand
Have SEED Downtown,r ms in'lace t4 ,f. . ' *'°
Com.lete 50-75 annual site visits —
Annual update of master databases
Increase overall retention by 10%
image Enhancement/Awareness
Put local media campaign in place
Local image improvement plan to
attract high tech firms
Local image campaign to businesses
Produce related media campaigns
Government Relations
Semi-annual lobbying efforts on
local issues tal3..s i m iti tilirtiatZeit .iGalytam i a'at_. z...A: ice:
Business Recruitment
A ressive Internet information
cam i n-national standards
Participation in trade shows xy
with•.rtners %�n c*-,. r�` ,,, t :, e;
NA
Weed media articles
Recruit at least 10%of prospects >g t l ;":'r;
Page 10
04c, Ei.„7 • "P'
• �`� °'" "' 41,
f � City of Elgin Agenda Item No.
February 23 , 2000
TO: Mayor and Members of the City Council
FROM: Joyce A. Parker, City Manager
SUBJECT: Elgin Area Chamber of Commerce
Purchase of Service Agreement
PURPOSE
The purpose of this memorandum is to provide information for the
Mayor and members of the City Council to consider a Purchase of
Service Agreement with the Elgin Area Chamber of Commerce for
economic development activity.
BACKGROUND
The 2000 Budget includes a total of $172, 000 for support of the
Elgin Area Chamber of Commerce related to economic development
activity.
The Elgin Area Chamber of Commerce was chartered in 1908 as the
Elgin Commercial Club. Since that time, the Chamber has served the
community with the mission to be "the collective voice of commerce"
as it " maintains and improves the economic environment, and
provides leadership for improving the quality of life in the Elgin
area" . The Chamber has a professional staff of 5 full-time and 3
part-time employees . Currently, there are approximately 684
members of the Chamber, including approximately 80 new members
added in 1999 .
The City provides direct financial support for economic development
activities of the Chamber. The economic development budget for the
current year is attached. The Chamber continues to be a vital
partner in local economic growth through efforts to retain and
expand existing businesses and attract new businesses to the area.
During the 1999 fiscal year, a total of 305 businesses located or
expanded in the Elgin area, resulting in addition or retention of
1269 jobs. The Elgin economy continues its strong performance with
an unemployment rate of 5 .4%, up slightly from 5 . 3% a year ago.
As part of the 2000 Budget process, the Elgin Area Chamber of
Commerce was granted $172, 000 from the City to serve as the
community' s lead economic development agency.
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Elgin Area Chamber of Commerce PSA
February 23 , 2000
Page 2
The Chamber of Commerce, working with the City staff, proposes that
this funding be utilized to support the following programs :
1 . Business Retention and Expansion Efforts.
The Chamber will develop a Business Retention Committee
and prioritize a strategy focusing on specific businesses
and industries where retention efforts will likely be
most productive .
2 . Workforce Development Initiative.
Workforce development initiatives, including labor market
analysis, wage and benefit survey, and the establishment
of a Workforce Development Committee to oversee and
coordinate program efforts with other workforce
development agencies, such as U-46 , Elgin Community
college, The Illinois Department of Employment Security,
Kane County and Judson College .
3 . Image Enhancement.
Create an Image Enhancement and Awareness Committee,
whose purpose is to educate regional businesses, regional
realtors, various other agencies and the general public
about the positive growth climate and quality of life of
Elgin.
4 . Government Relations.
Establishment of a formal Government Relations Committee,
thus allowing the Chamber to design and implement a pro-
active legislative policy initiatives at both the state
and federal level, complementing present efforts by the
City.
5 . New Business Relocation.
Continuation of work with prospective new businesses that
are interested in relocation to Elgin. The Chamber will
be the lead agency in promoting and marketing Elgin in
the development community.
As business locations within Elgin turnover, the Chamber
will work with property owners and the City to develop
options for re-use or redevelopment of the site .
6 . Business Directory.
The Chamber will update the directory of area
manufactures and distributors, including industrial
classification, e-mail address and other useful
information.
7 . Site Inventory.
The Chamber will maintain a current inventory of
development and redevelopment sites .
Elgin Area Chamber of Commerce PSA
February 23 , 2000
Page 3
The inventory will include information about the site
size, zoning, and other pertinent site characteristics .
8 . Trade Shows.
As part of the Chamber' s Business Recruitment program,
attend two regional trade shows, one commercial and one
industrial during 2000 .
9 . Broker Tours .
The Chamber will organize two or more site selector
activities for Chicago-area developers, site consultants
and brokers to familiarize them with Elgin development
areas, general contractors, banks/lending institutions,
and other community resources .
10 . Electronic Marketing Material .
The Chamber will continue the development of electronic
marketing material that promotes Elgin to targeted
site selectors and developers, specifically the updating
of its web site . This material will include available
buildings and sites and their characteristics, an in-
depth community profile, workforce information,
permitting, available incentives and other information
now required by national site selectors .
11 . Center City Coordination and Cooperation.
Representatives of the Chamber shall coordinate
quarterly meetings with representatives of the New
Century Partnership for Elgin and the Downtown
Neighborhood Association of Elgin.
The Chamber will continue its staff support to the City
Central Business District and other community development
programs .
The Chamber will continue working with the other downtown
organizations and downtown business owners, providing
assistance to downtown business owners .
12 . Minority Business Issues .
The Chamber will continue to work in conjunction with the
Suburban Minority Business Council (SMBC) , and the
various business assistance programs at Elgin Community
College, for the purpose of encouraging the growth of
Elgin' s minority businesses and small businesses in
general .
Elgin Area Chamber of Commerce PSA
February 23 , 2000
Page 4
13 . Economic Development Council .
The Chamber shall facilitate the activities and meetings
of the EDC. The EDC function shall be consistent with
the description provided attached as Attachment A.
14 . Reporting Requirements .
The Chamber shall provide a written report detailing the
disbursement of $172 , 000 . This report shall be provided
to the City Council by January 1, 2001 and shall provide
a summary of program activity.
Quarterly activity reports summarizing services provided
shall be provided to the City Council before each draw of
the contract, with mid-year and year-end presentations
to the Mayor and City Council .
A purchase of Service Agreement has been drafted by the Elgin Area
Chamber of Commerce President and City staff for City Council
consideration. The agreement is designed to establish the public
purpose for City support and provides a mechanism for
accountability of the Chamber and the Economic Development Council
for the use of public funds .
COMMUNITY GROUPS/INTERESTED PERSONS CONTACTED
The proposed agreement was drafted in conjunction with the Elgin
Area Chamber of Commerce .
lij\-' FINANCIAL IMPACT
Annual support funding of $101, 000 is allocated in the 2000 General
Fund budget account number (010-0902-709 . 80-02) . Funding for
additional support of $71, 000 is budgeted in the 2000 Riverboat
Fund account number (275-0000-791 . 80-02) . Sufficient monies exist
to fund the Purchase of Services Agreement .
LEGAL IMPACT
None .
ALTERNATIVES
The City Council could approve the agreement as drafted, edit the
agreement or decline to provide support to the Elgin Area Chamber
of Commerce .
Elgin Area Chamber of Commerce PSA
February 23 , 2000
Page 5
RECOMMENDATION
It is recommended that the City Council approve the Purchase of
Service Agreement in the amount of $172 , 000 with the Elgin Area
Chamber of Commerce to provide economic development services .
Respectfully submitted,
Q .
J ce . Parker
City Manager
SLP
Attachment