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HomeMy WebLinkAbout26-55 Resolution No. 26-55 RESOLUTION AUTHORIZING EXECUTION OF AN ECONOMIC DEVELOPMENT SERVICES AGREEMENT WITH ELGIN AREA CHAMBER OF COMMERCE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS, that Richard G. Kozal, City Manager, and Kimberly A. Dewis, City Clerk, be and are hereby authorized and directed to execute an Economic Development Services Agreement on behalf of the City of Elgin with Elgin Area Chamber of Commerce, for economic development services, in such form as approved by the Corporation Counsel. s/ David J. Kaptain David J. Kaptain, Mayor Presented: March 25, 2026 Adopted: March 25, 2026 Vote: Yeas: 8 Nays: 0 Abstain: 1 Attest: s/Kimberly Dewis Kimberly Dewis, City Clerk ECONOMIC DEVELOPMENT SERVICES AGREEMENT This Service Agreement (Agreement) is made and entered into this 25th day of March 2026, by and between the City of Elgin,an Illinois municipal corporation (City),and the Elgin Area Chamber of Com- merce, an Illinois not-for-profit corporation (EAC),establishes the terms and conditions under which EAC agrees to perform the economic development services for the City. Whereas, the City wishes to enhance the economic development of the city of Elgin and its indi- vidual residents and businesses; and Whereas, EAC can provide expertise in the matter of economic development; and Whereas, EAC is ready,willing and able to provide particular attention and activities for the eco- nomic development of the city of Elgin; Now, therefore, in consideration of the mutual promises by EAC and the City to each other, the parties agree as follows: SECTION I TERMS AND CONDITIONS 1. Services: EAC will perform the services specified in Section II and provide the equipment, staff and materials to achieve them. In performing the Services under this Agreement, EAC is an independent contractor and not an employee of the City, and EAC will not hold itself out as any such employee. EAC has no authority to make any agreement or commitment on behalf of the City. 2. Term: The term of this Agreement shall commence on January 1, 2026 and end on December 31, 2028. 3. Compensation: In consideration of the rendering of services by EAC under this Agreement, during calendar year 2026, the City agrees to pay EAC $355,000 annually, payable quarterly as billed on March 31, 2026, June 30, 2026, September 30, 2026 and December 31, 2026 for services provided by EAC. During calendar year 2027, the City agrees to pay $365,650 annually, payable quarterly as billed on March 31, 2027, June 30, 2027, September 30, 2027 and December 31, 2027 for services provided by EAC. During calendar year 2028,the City agrees to pay$376,620 annually, payable quar- terly as billed on March 31, 2028, June 30, 2028, September 30, 2028 and December 31, 2028 for services provided by EAC. 4. Reporting: EAC when requested by the city manager shall provide a written, oral,or written and oral bi-annual report to the mayor and city council, to include but not be limited to, prospect activity, challenges to economic development, local employment trends, coordinated efforts with other agencies and recommendations to improve the economic development climate. EAC shall also pro- vide a copy to the City of the auditor's opinion from its annual audit. 5. Notice of Claim: If EAC wishes to make a claim for additional compensation because of action taken by the City, EAC shall give written notice of its claim within 15 days after occurrence of such action. No claim for additional compensation shall be valid unless so made. Any changes in EAC's fee shall be valid only to the extent that such changes are included in writing signed by the City and EAC and approved by way of written amendment to this Agreement. 6. Indemnification: To the fullest extent permitted by law, EAC agrees to and shall indemnify, defend and hold harmless the City,its officers,employees,agents, boards and commissions from and against any and all claims, suits,judgments, costs, attorneys fees, damages or other relief, including but not limited to workers compensation claims, in any way resulting from or arising out of negligent actions or omissions of the EAC in connection herewith, including negligence or omissions of employees or agents of EAC arising out of the performance of this Agreement. 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. The provisions of this paragraph shall survive any expiration, completion and/or termina- tion of this Agreement. 7. No Personal Liability: No official, director, officer, agent or employee of the City shall be charged personally or held contractually liable under any term or provision of this Agreement or because of their execution, approval or attempted execution of this Agreement. 8. Insurance: EAC shall provide, pay for and maintain in effect, during the term of this Agreement,the following types and amounts of insurance: a. Comprehensive Liability: A policy of comprehensive general liability insurance with limits of at least $1,000,000 aggregate for bodily injury and $1,000,000 aggregate for property damage. EAC shall deliver to the City a certificate of insurance naming the City as additional insured.The policy shall not be modified or terminated without thirty (30) days prior written notice to the City. The certificate of insurance that shall include the obligation assumed by the EAC under paragraph 6 of Section I of this Agreement entitled "Indemnification" shall be provided. This insurance shall apply as primary insurance with respect to any other insurance or self-insurance programs afforded to the City.There shall be no endorsement or modification of this insurance to make it excess over other available insurance, alternatively, if the insurance states that it is excess or prorated, it shall be endorsed to be primary with respect to the City. b. Comprehensive Automobile Liability: Comprehensive Automobile Liability Insurance covering all owned, non-owned and hired motor vehicles with limits of not less than $500,000 per occur- rence for damage to property. c. Combined Single Limit Policy:The requirements for insurance coverage for the general liability and auto exposures may be met with a combined single limit of$1,000,000 per occurrence sub- ject to a $1,000,000 aggregate. d. Professional Liability: EAC shall carry,when applicable, professional Liability Insurance covering claims resulting from error, omissions or negligent acts with a combined single limit of not less than $1,000,000 per occurrence. A certificate of insurance shall be submitted to the City as ev- idence of insurance protection. The policy shall not be modified or terminated without thirty (30) days prior written notice to the City. 9. Nondiscrimination: In all hiring or employment made possible or resulting from this Agreement, there shall be no discrimination against any employee or applicant for employment because of sex, age, race,color,creed, national origin,marital status,of the presence of any sensory,mental or phys- ical handicap, unless based upon a bona fide occupational qualification, and this requirement shall apply to, but not be limited to, the following: employment advertising, layoff or termination, rates of pay or other forms of compensation and selection for training, including apprenticeship. 2 No person shall be denied or subjected to discrimination in receipt of the benefit of any services or activities made possible by or resulting from this Agreement on the grounds of sex,race,color,creed, national origin, age except minimum age and retirement provisions, marital status or the presence of any sensory, mental or physical handicap. Any violation of this provision shall be considered a violation of a material provision of this Agreement and shall be grounds for cancellation,termination or suspension, in whole or in part, of the Agreement by the City. 10. Assignment and Successors: This Agreement and each and every portion thereof shall be binding upon the successors and the assigns of the parties hereto; provided, however, that no assignment shall be made without the prior written consent of the City which consent may be withheld at the sole discretion of the City. 11. Delegations and Subcontractors:Any assignment,delegation or subcontracting shall be subject to all the terms, conditions and other provisions of this Agreement and EAC shall remain liable to the City with respect to each and every item, condition and other provision hereof to the same extent that the EAC would have been obligated if it had done the work itself and no assignment, delegation or subcontract had been made. Any proposed subcontractor shall require the City's advanced written approval. 12. Cooperation with Other Economic Development-Related Boards and Agencies: EAC shall cooperate with any other economic development-related boards and agencies under the City's employ, includ- ing but not limited to the Downtown Neighborhood Association and Elgin Area Convention and Visi- tor's Bureau, or with any economic development-related board, agency or professional performing work associated with this Agreement. 13. No Co-Partnership or Agency: This Agreement shall not be construed so as to create a partnership, joint venture, employment or other agency relationship between the parties hereto. 14. Severability: The parties intend and agreed that, if any paragraph, sub-paragraph, phrase, clause or other provision of this Agreement, or any portion thereof, shall be held to be void or otherwise un- enforceable, all other portions of this Agreement shall remain in full force and effect. 15. Headings:The headings of the several paragraphs of this Agreement are inserted only as a matter of convenience and for reference and in no way are they intended to define,limit or describe the scope of intent of any provision of this Agreement, nor shall they be construed to affect in any manner the terms and provisions hereof or the interpretation or construction thereof. 16. Modification or Amendment:This Agreement and its attachments constitutes the entire Agreement of the parties on the subject matter hereof and may not be changed, modified, discharged or ex- tended except by written amendment duly executed by the parties. Each party agrees that no rep- resentations or warranties shall be binding upon the other party unless expressed in writing herein or in a duly executed amendment hereof,or change order as herein provided. 17. Notices: The City and EAC shall each appoint a contact for all written communications between the parties. For the City, all notices shall be sent to: City Manager, City of Elgin, 150 Dexter Court, Elgin, Illinois, 60120. For EAC, all notices shall be sent to: President, Elgin Area Chamber of Commerce, 31 South Grove Avenue, Elgin, IL, 60120. The parties shall apprise each other of changes in contact in- formation as may occur from time to time.All notices, reports and documents sent pursuant to this Agreement shall be mailed to the above addresses by First Class Mail, postage prepaid. 3 18. Confidentiality: It is recognized that the handling of prospect information requires access to confi- dential information. As such, EAC shall maintain all prospect information in confidence. EAC shall provide confidential prospect information solely to the mayor and city manager as representatives of the City, who to the extent permitted by law shall attempt to maintain such information in strict confidence. All other prospect information shall be so coded, organized or structured to prevent the identity of the prospect from being publicly known until such time that the prospect may deem it appropriate. 19. Funding Opportunities: It is recognized that EAC may wish to access certain grant funding pools whereby the City must act as a"pass through"or coordinating agency. In such cases,the city manager shall be authorized by the city council to execute, administer and manage such grants on behalf of the City and EAC, provided that such grant does not necessitate an appropriation of funds by the municipality. 20. Applicable Law: This Agreement shall be deemed to have been made in and shall be construed in accordance with the laws of the State of Illinois. Venue for the resolution of any disputes or the enforcement of any rights pursuant to this Agreement shall be in the Circuit Court of Kane County, Illinois. 21. Cooperation with Other Consultants: EAC shall cooperate with any other consultants in the City's employ or any work associated with this Agreement. 22. Sexual Harassment Policies: As a condition of this Agreement, EAC shall have written sexual harass- ment policies that include, at a minimum, the following information: a. The illegality of sexual harassment; b. The definition of sexual harassment under state law; c. A description of sexual harassment, utilizing examples; d. The vendor's internal complaint process including penalties; e. The legal recourse,investigative and complaint process available through the Illinois Department of Human Rights, and the Illinois Human Rights Commission; f. Directions on how to contact the department and commission; g. Protection against retaliation as provided by Section 6-101 of the Human Rights Act. A copy of the policies shall be provided by EAC to the Department of Human Rights upon request 775 ILCS 5/2-105. 23. Compliance with Laws: Notwithstanding any other provision of this Agreement it is expressly agreed and understood that in connection with the performance of this Agreement that EAC shall comply with all applicable federal, state, City and other requirements of law, including, but not limited to, any applicable requirements regarding prevailing wages, minimum wage,workplace safety and legal status of employees. EAC shall also at its expense secure all permits and licenses, pay all charges and fees and give all notices necessary and incident to the due and lawful prosecution of the work, and/or the products and/or services to be provided for in this Agreement. The City shall have the right to audit any records in the possession or control of the EAC to determine EAC's compliance with the provisions of this section. In the event the City proceeds with such an audit the EAC shall make available to the City the EAC'S relevant records at no cost to the City. EAC shall pay any and all costs associated with any such audit. 4 24. Work Products. All Work Products prepared by EAC pursuant hereto, including, but not limited to, reports, studies, plans and recommendations shall be delivered to the City upon request of the City provided, however,that EAC may retain copies of such Work Products for its records. 25. Breach of Agreement: If either party violates or breaches any term of this Agreement,such violation or breach shall be deemed to constitute a default,and the other party has the right to seek adminis- trative, contractual or legal remedies as may be available to the violation or breach; and in addition, if either party by reason of any default fails to within fifteen (15) days after notice thereof by the other party to comply with the conditions of this Agreement, the other party may terminate this Agreement. Notwithstanding the foregoing,or anything else to the contrary in this Agreement,with the sole exception of an action to recover the monies the City has agreed to pay to EAC pursuant to Section 3 hereof, no action shall be commenced by EAC against the City for monetary damages. 26. Termination: Notwithstanding any other provision hereof,the City may terminate this Agreement at any time upon thirty (30) prior written notice to EAC. In the event this Agreement is so terminated, EAC shall be paid for services actually performed,and reimbursable expenses actually incurred prior to termination, except that reimbursement shall not exceed the quarterly amount set forth under Section 3 above. Additionally, in the event this Agreement is so terminated, EAC shall immediately cease the expenditure of any funds paid to EAC by the City and shall refund to the City any unearned or unexpended funds. 27. Interference with Public Contracting: EAC certifies hereby that it is not barred from bidding or sub- mitting a proposal for this Agreement as a result of violation of 725 ILCS 5/33E et seq. or any similar state or federal statute regarding bid rigging. 28. Substance Abuse Program: As a condition of this Agreement, EAC shall have in place a written sub- stance abuse prevention program which meets or exceeds the program requirements in the Sub- stance Abuse Prevention Public Works Project Act at 820 ILCS 265/1 et seq. A copy of such policy shall be provided to the City's City Manager prior to the entry into and execution of this Agreement. 29. Invoices: EAC shall submit invoices to the City for the payments to be made by the City to EAC pur- suant to paragraph 3 of this Agreement.Such invoices shall be in a format approved by the City. EAC shall maintain records showing actual time devoted and costs incurred pursuant to this Agreement. EAC shall permit an authorized representative of the City to inspect and audit all data and records of EAC for work done under this Agreement. EAC shall make these records available at reasonable times during the Agreement term and for one (1)year after termination of this Agreement. 30. Budget Appropriation: Notwithstanding anything else to the contrary in this Agreement,the parties understand and agree that the fiscal year of the City is the twelve-month period ending December 31 of each year.The obligations of the City under any contract for any fiscal year are subject to and contingent upon the appropriation of funds sufficient to discharge the obligations which accrue in that fiscal year and authorization to spend such funds for the purposes of the contract. If, for any fiscal year during the term of this Agreement, sufficient funds for the discharge of the City's obliga- tions under the Agreement are not appropriated and authorized, then this Agreement shall termi- nate as of the last day of the preceding year, or when such appropriated and authorized funds are exhausted,whichever is later, without liability to the City for damages, penalties or other charges or any other relief whatsoever on account of such termination. SECTION II 5 EAC DUTIES AND SERVICES DUTIES 1. EAC shall provide qualified and competent staff for the recruitment of and assistance to new business and industry,as well as for the expansion of existing business, providing all management and admin- istrative services necessary to present a viable program. 2. EAC shall be responsible for the operation of the programs carried out under the terms of this Agree- ment.The EAC's president or the president's designate shall be responsible for the day-to-day oper- ations of economic development activities and the general supervision and management of the busi- ness affairs under this Agreement. 3. EAC shall provide office space, general office supplies, office equipment, auto, rent, accounting and legal services, insurance, payroll taxes, general postage, and telephone necessary for carrying out the terms of this Agreement. 4. EAC shall ensure that no funds provided by the City under this Agreement will be used to support traditional chamber of commerce activities that generally serve and benefit only the chamber mem- bership or programs not directly related to economic development. Nothing in this contract, how- ever, shall prevent the City from specifically funding new projects as proposed by EAC. 5. EAC shall operate the programs contemplated in this Agreement for the public good for the promo- tion of business, industry and trade within Elgin. 6. EAC shall conduct telephone or personal meetings with all economic development related prospects referred to EAC by the City and shall regularly provide the City with progress reports on each eco- nomic development prospect referred to EAC by the City. 7. EAC shall provide in collaboration with the City an ongoing strategy for the economic development based upon current initiatives. 8. EAC shall make its books and financial records concerning the funds expended under this Agreement available to the City for inspections and review and audit. EAC will,at no expense to the City, provide an annual report and accounting of expenditures of the funds covered by this Agreement. 9. EAC will continue to utilize and engage business,community,and civic volunteers to help implement key economic development initiatives. 10. EAC will provide economic development services using the talents of experienced and knowledgea- ble economic development specialists and an administrative support staff, including information technology. SECTION III PURPOSE The over-arching goals of the EAC, in conjunction with its role as a member of the Elgin Development Group (EDG) public-private strategic partnership, are to: Provide a solid tax base to support quality municipal and educational goals Improve the quality of life and standard of living for Elgin residents 6 Create a diverse and vibrant local economy Generate desirable employment opportunities To achieve these goals, EAC as a member of the EDG partnership,employs proven economic development initiatives and strategies to meet Elgin's challenges, current economic realities, and which are consistent with the City of Elgin's"2023 Strategic Plan."Specific action items relevant to the Strategic Plan are noted in the margin under Core Services and Deliverables. The EAC's and EDG's five, key economic development initiatives include: 1. Business Retention and Expansion 2. Business Recruitment 3. Workforce Development 4. Transportation and Development S. Enhancing Elgin SECTION IV CORE SERVICES AND DELIVERABLES BUSINESS RETENTION AND EXPANSION: Retaining existing businesses through proactive outreach, providing assistance and resources and maintaining a business-friendly environment, with a special em- phasis on small business. The EAC shall conduct an annual business retention program in which existing businesses and employers are identified and personal contact is made with City businesses by EAC through on-site visits, mail sur- veys,email or telephone calls. EAC's business retention program shall be designed to identify and address the needs of existing businesses and the manner in which the EAC and the City can better assist those businesses, including, but not limited to, the following components: 1. Business Retention surveys and visits will be sent to companies located in industrial and business parks on a three-year revolving basis. The surveys and visits will be reviewed with the help of the Business Recruitment and Retention Committee, if necessary, to keep up with changing conditions. An elec- tronic survey will be distributed. 2. Business Retention surveys and visits will be conducted with businesses in different sectors such as retail and financial services to expand the scope of services. The surveys and visits will be reviewed with the help of the Business Recruitment and Retention Committee, if necessary, to keep up with changing conditions. An electronic survey will be distributed. 3. Conduct events in which local products made and manufacturing businesses in Elgin are promoted. The purpose of the event is to create a pipeline of workers and educate the public about advanced manufacturing. 4. Conduct retention calls with key chief executive officer or their designated representatives of key Elgin businesses. 7 5. Respond to requests for assistance from the business community in resolving issues relating to reten- tion and expansion. 6. Analyze and act upon the results of the retention surveys and CEO visits. 7. Coordinate meetings of the Mayor's President's Council with a cross-section of Elgin's business lead- ers. 8. Cooperate with the City and others in establishing a more comprehensive demographic data set. 9. The EAC will act as a"one-stop shop"for information,assist businesses in navigating the development process, advocating on their behalf, negotiating for them on development matters when requested, brokering incentive requests and shepherding projects from the beginning to the end. 10. Conduct roundtables involving business sectors important to the growth of the Elgin economy. 11. The EAC will promote international trade and help businesses assess their export and foreign market potential. 12. The EAC will conduct workshops dealing with trade and exporting as needed. The EAC will continue to provide exporting companies with Certificates of Origin services. 13. Welcome new businesses to Elgin through personal visits and follow-up with any requests for assis- tance. BUSINESS RECRUITMENT:Showcasing Elgin as a preferred business location, recognizing the importance that foreign direct investment plays in Elgin's economy, EAC shall: 1. Assist building owners, brokerage community and others in filling speculative industrial space and work with new businesses, existing business and start-up businesses that are searching for industrial space. 2. Develop an inventory of potential vacant land for future industrial development. 3. Work with state and federal organizations to immediately respond to business and developer requests for information. 4. Perform the following business attraction services to aid prospective businesses and developers: a. Respond to DCEO's and and the Illinois Economic Development Corporation's statewide in- quiries seeking information for significant development projects by referring projects to bro- kers and developers actively engaged in the development of Elgin. 8 b. Provide information from EAC's subscribed (CoStar)or maintained databases of economic, de- mographic, commercial real estate and related data for economic development by providing such data to prospective businesses or developers considering locating in Elgin. c. Continue to maintain and establish new relationships with real estate professionals through individual meetings and by participating in events, as time and resources permit. d. Market Elgin's retail opportunities and sites to key developers at trade shows and arrange and host follow up on site visits focused on commercial or retail development. e. Use the Retail Market Analysis to identify current market conditions so that developers and owners could determine market potential for existing and new construction.The Analysis will also be used to attract businesses to Elgin's retail corridors. f. Use the Industrial Market Analysis to identify current market conditions so that developers and owners could determine market potential for existing and new construction.The Analysis will also be used to attract developers and users to Elgin's Industrial and Business Parks. g. Market and promote Elgin's office market to prospective tenants or existing businesses. 5. Domestic and Global Economic Initiatives: Time and resources permitting, the EAC shall continue its initiatives to attract businesses and quality jobs. Marketing efforts in North American and European regions as well as countries where the U.S. has free trade agreements shall be developed by distrib- uting our peer-to-peer brochures to businesses traveling internationally and to DCEO offices in these regions. a. Maintain relationships with DCEO and Illinois Economic Development Corporation on foreign trade initiatives. b. Continue to engage foreign companies through the German American Chamber, Chicago In- ternational Trade Commissioners Association (CITCA), and foreign consulates such as the Ca- nadian and Mexican consulates. c. Explore foreign direct investment from all countries. d. Review the City's existing economic development competitive position including develop- ment assistance programs to ensure Elgin retains its ability to attract commercial/industrial investment and create jobs. e. The EDG will prepare a brochure highlighting products made in Elgin to distribute by public officials and business executives traveling outside the U.S. f. The EDG will promote Elgin by advertising in various publications. 6. EDG Website: EAC will maintain a web site providing marketing and demographic information on El- gin. EAC and the City recognize this technology resource is the first point of contact with site develop- ers and business contacts and is a valuable marketing asset for Elgin business attraction, retention, and community development efforts. Assessment of the website's performance will take place and be reported quarterly. 7. Entrepreneurial Services:Work with the Elgin Area Small Business Academy to provide entrepreneur- ial assistance through its network of businesses. Provide businesses service referrals for business plan- ning, partner referrals, networking opportunities,sales introductions,and financing referrals for small business start-ups and expansions. 9 8. Maintain and create mutually beneficial partnership with organizations that help entrepreneurs,busi- ness start-ups and existing growing businesses with technical and professional consulting advise such as SCORE, SBA, SBDC, DNA and others. WORKFORCE DEVELOPMENT: Engaging with businesses and community partners to help build a diverse and skilled workforce. EAC shall continue promoting initiatives created to produce a "workforce ready" labor supply to new and expanding businesses, including, but not limited to, participating in the following activities: 1. Continue to promote ECC workforce programs including the new Manufacturing Regional Training Center that will become a training hub for Elgin employers. 2. Recognize a business, educational institution or organization making an exceptional contribution an impact to workforce development with the annual Workforce Award. 3. Conduct Workforce Development Committee meetings bringing together educational,governmental, civic and business leaders to coordinate efforts to build and maintain a viable workforce. 4. Support the Alignment Collaborative for Education by serving on the Governing Board, Operating Board and/or Educational Pathways A Team. S. Partner with the Alignment Collaborative for education and U-46 on the planning and recruiting of exhibitors for the Curriculum and Career EXPO. Work to expand the EXPO to include parents and the community. 6. Encourage and recruit businesses to offer students work-based learning opportunities such as intern- ships, apprenticeships,job shadowing and industry tours. 7. Monitor employment trends including unemployment data, occupation trends, job openings and wage rates. 8. Serve as a clearing house for local hiring events and job fairs. 9. Analyze industry needs for in-demand certifications and credentials at the high school and community college level. 10. Increase awareness and participation in Workforce Innovation and Opportunity Act programs such as on-the-job training and incumbent worker training. TRANSPORTATION AND DEVELOPMENT: Focusing on critical land use and transportation, EAC shall: 1. Seek all opportunities for participating in the planning and development of needed transportation and infrastructure projects impacting Elgin, Kane and Cook Counties. EAC shall assist the City in 10 identifying and monitoring additional infrastructure needs and projects as agreed upon by both par- ties, such as broadband, rail,water, power and communications. 2. The EDG's Transportation and Development Committee will provide an important discussion forum and sounding board for government officials and representatives from the development community. 3. Work closely with the City on identifying redevelopment areas. 4. Attend meetings of regional significance effecting Elgin hosted by KDOT, IDOT, ComEd and the Toll- way. 5. Work on identifying and promoting critical transportation and infrastructure projects that could ben- efit the economic prosperity of the city such as U.S. Route 20 west. 6. Assist the City by providing timely workshops on transportation and development issues to foster cooperation and understanding between the city and business community. 7. Work with developers and government officials on mitigating the impact of development fees and property taxes on businesses. ENHANCING ELGIN: Promoting Elgin's positive aspects and quality of life, EAC shall: 1. Continue to promote the City's branding campaign with social media. 2. Provide leadership for EDG Elgin Area Small Business Network including planning and marketing small business events. 3. Coordinate and market small business training and learning opportunities with community partners. 4. Continue to manage EDG media relations. 5. Highlight EDG initiatives on WRMN monthly radio show and in the EAC's monthly printed newsletter and in the weekly Email newsletter. 6. Conduct a marketing plan for the Enhancing Elgin committee. SPECIAL PROGRAMS: 1. Legislative Support: EAC shall work with local,state and federal legislators on all significant eco- nomic and business issues including the use of city resources. 2. Secondary Business Financing: EAC will assist and educate Elgin businesses in applying for and ob- taining funding through low-interest business financing, available revolving loan programs and as- sistance with DCEO programs. 11 4. Continue to manage EDG media relations. 5. Highlight EDG initiatives on WRMN monthly radio show and in the EAC's monthly printed newsletter and in the weekly Email newsletter. 6. Conduct a marketing plan for the Enhancing Elgin committee. SPECIAL PROGRAMS: 1. Legislative Support: EAC shall work with local, state and federal legislators on all signifi- cant economic and business issues including the use of city resources. 2. Secondary Business Financing: EAC will assist and educate Elgin businesses in applying for and obtaining funding through low-interest business financing,available revolving loan programs and assistance with DCEO programs. IN WITNESS WHEREOF, the parties hereto have entered into and executed this agreement effective as of the date and year first written above. CITY OF ELGIN: ELGIN AREA CHAMBER OF COMMERCE: By: By: / 2),01 City Manager Board Chai Attest: Ci Cler 15