10-0331 Elgin Area Chamber of Commerce 4 I
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ECONOMIC DEVELOPMENT
SERVICES AGREEMNT
This Service Agreement (Agreement) it made and entered into this 31st day of
March, 2010, by and between the City of Elgin, an Illinois Municipal corporation (City), and
the Elgin Area Chamber of Commerce, an Illinois not-for-profit corporation (EAC), estab-
lishes the terms and conditions under which EAC agrees to perform the economic devel-
opment services for the City.
Whereas, the City wishes to enhance the economid development of the City of El-
gin and its individual residents and businesses; and
Whereas, EAC is capable of providing expertise in the matter of economic devel-
opment; and
Whereas, EAC is ready, willing and able to provide articular attention and activities
for the economic development of the City of Elgin;
Now, therefore, in consideration of the mutual prrnises 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 ection II and provide the equip-
ment, staff and materials to achieve them. In pero,rming 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. EIC has no authority to make any
agreement or commitment on behalf of the City.
2. Term: The term of this Agreement shall commence on April 1, 2010 and end on De-
cember 31, 2011.
3. Compensation: In consideration of the rendering of services by EAC under this
Agreement, the City agrees to pay EAC $100,000 for each quarter year of service,
payable quarterly as billed $100,000 on April 30, July 30 and October 30 and Janu-
ary 30 for services provided by EAC for the term this Agreement remains in effect. The
City, however, shall pay EAC the sum of S160,000 pon the execution of this Agree-
ment for economic development services provided Ito the City during first quarter of
2010 and for the purpose of redesigning the economic development components of
the EAC website, as more fully described in this Acreement below. In no event shall
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the City's payment to EAC exceed the amount of $$60,000 during the term of this
Agreement regardless of the actual costs incurred lo EAC unless substantial modifi-
cations to the EAC Duties and Services identified in Section II of this Agreement are
authorized in writing and approved by way of written amendment to this Agreement.
4. Reporting: EAC will provide the City with the following reports on a periodic basis, in
addition to such other reports as may be requested 6,the City:
a. Monthly Report: A written monthly report, including general financial information
for the prior month (income statement and balance sheet), shall be forwarded to
the city manager each month for inclusion in the city manager's report to the city
council. The EAC's president and the city manager may amend the format of this
report from time to time as may be mutually agred by the parties.
b. Quarterly Report: EAC shall, on a quarterly basis, provide an oral report to the city
council, to include but not be limited to prospec activity, challenges to economic
development, local employment trends, coordinated efforts with other agencies
and recommendations to improve the economic lievelopment climate.
c. Audit: EAC shall provide a copy to the City of the auditor's opinion from its annual
audit. I
5. Notice of Claim: If EAC wishes to make a claim for additional compensation as a result
of action taken by the City, EAC shall give written notice of its claim within 15 days af-
ter occurrence of such action. No claim for additional compensation shall be valid un-
less 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. i
6. Indemnification: To the fullest extent permitted by aw, EAC agrees to and shall in-
demnify, defend and hold harmless the City, its officers, employees, agents, boards
and commissions from and against any and all claims, suits, judgments, costs, attor-
neys fees, damages or other relief, including but noii 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, cov-
ered by the foregoing duty to indemnify, defend ani hold harmless such action shall
be defended by legal counsel of the City's choosind. The provisions of this paragraph
shall survive any expiration, completion and/or termination of this Agreement.
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7. No Personal Liability: No official, director, officer, agent or employee of the City shall
be charged personally or held contractually liable Linder any term or provision of this
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Agreement or because of their execution, approval or attempted execution of this
Agreement.
8. Insurance:
a. Comprehensive Liability: EAC shall provide, pay fOr and maintain in effect, during
the term of this Agreement, a policy of comprehensive general liability insurance
with limits of at least $1 ,000,000 aggregate for bodily injury and $1 ,000,000 ag-
gregate for property damage. EAC shall deliver to the City a certificate of insur-
ance 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. Th6re shall be no endorsement or
modification of this insurance to make it excess cver other available insurance, al-
ternatively, 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: Compreheisive Automobile Liability Insur-
ance covering all owned, non-owned and hired motor vehicles with limits of not
less than $500,000 per occurrence for damage to property.
c. Combined Single Limit Policy: The requirement for insurance coverage for the
general liability and auto exposures may be me't with a combined single limit of
S1 ,000,000 per occurrence subject to a $1,000, 00 aggregate.
d. Professional Liability: EAC shall carry, when applicable, professional Liability Insur-
ance covering claims resulting from error, omissions or negligent acts with a
combined single limit of not less than S1,000,090 per occurrence. A certificate of
insurance shall be submitted to the City as evidence of insurance protection. The
policy shall not be modified or terminated withoyt thirty (30) days prior written no-
tice 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 physical 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, indluding apprenticeship.
No person shall be denied or subjected to discrimination in receipt of the benefit of
any services or activities made possible by or resdilting from this Agreement on the
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grounds of sex, race, color, creed, national origin, age except minimum age and re-
tirement 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 sus-
pension, 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, how-
ever, 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 wo6ld have been obligated if it had
done the work itself and no assignment, delegation r subcontract had been made.
Any proposed subcontractor shall require the City's a vanced written approval.
12. Cooperation with Other Economic Development-Rel ted Boards and Agencies: EAC
shall cooperate with any other economic developm nt-related boards and agencies
under the City's employ, including but not limited to the Downtown Neighborhood As-
sociation and Elgin Area Convention and Visitor's Blreau, or with any economic de-
velopment-related board, agency or professional perfii rming work associated with this
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Agreement.
13. No Co-Partnership or Agency: This Agreement shall pot 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 unenforceable, 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 irk no way are they intended to de-
fine, limit or describe the scope of intent of any proVision of this Agreement, nor shall
they be construed to affect in any manner the term S and provisions hereof or the in-
terpretation or construction thereof.
16. Modification or Amendment: This Agreement and its attachments constitutes the en-
tire Agreement of the parties on the subject matter hereof and may not be changed,
modified, discharged or extended except by written amendment duly executed by the
parties. Each party agrees that no representations dr warranties shall be binding upon
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the other party unless expressed in writing herein or ii 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 El-
gin, 150 Dexter Court, Elgin, Illinois, 60120. For EAC, all notices shall be sent to:
President, Elgin Area Chamber of Commerce, 31 Sbuth Grove Avenue, Elgin, IL,
60120. The parties shall apprise each other of change in contact information as may
occur from time to time. All notices, reports and dobuments sent pursuant to this
Agreement shall be mailed to the above addresses by First Class Mail, postage pre-
paid.
18. Confidentiality: It is recognized that the handling of prospect information requires ac-
cess to confidential 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 c nfidence. All other prospect in-
formation shall be so coded, organized or structure to prevent the identity of the
prospect from being publicly known until such time th t the prospect may deem it ap-
propriate.
19. Funding Opportunities: It is recognized that EAC my 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 harassment policies that include, at a minimurh, 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;
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d. The vendor's internal complaint process including penalties;
e. The legal recourse, investigative and complaint prbcess available through the Illi-
nois 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 otherrovision of this Agreement it is_i
expressly agreed and understood that in connectio with the performance of this
Agreement that EAC shall comply with all applicable ederal, state, City and other re-
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quirements of law, including, but not limited to, any applicable requirements regarding
prevailing wages, minimum wage, workplace safetyandlegal status of employees.
Without limiting the foregoing, EAC hereby certifies, represents and warrants to the
City that all EAC's employees and/or agents whoill be providing products and/or
services with respect to this Agreement shall be leg I residents of the United States.
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EAC shall also at its expense secure all permits and lbenses, 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 prcivided 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 rele-
vant records at no cost to the City. EAC shall pay any and all costs associated with
any such audit.
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24. Work Products. All Work Products prepared by EAC pursuant hereto, including, but
not limited to, reports, studies, plans and recommer1dations 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 breathes any term of this Agreement,
such violation or breach shall be deemed to constitOte a default, and the other party
has the right to seek administrative, contractual or legal remedies as may be available
to the violation or breach; and in addition, if either Oarty 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. Notwith-
standing 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
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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 re-
imburseable expenses actually incurred prior to termihation, except that reimburse-
ment shall not exceed the quarterly amount set forth Under Section 3 above. Addi-
tionally, 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 un-
earned or unexpended funds,
27. Interference with Public Contracting: EAC certifies hereby that it is not barred from
bidding or submitting a proposal for this Agreement as a result of violation of 725 ILCS
5/33E et seq. or any similar state or federal statute regrding bid rigging.
28. Substance Abuse Program: As a condition of this Agrement, EAC shall have in place
a written substance abuse prevention program which meets or exceeds the program
requirements in the Substance Abuse Prevention Public Works Project Act at 820
ILCS 265/1 et seq. A copy of such policy shall be proOded to the City's City Manager
prior to the entry into and execution of this Agreementl!
29. Invoices: EAC shall submit invoices to the City for the payments to be made by the
City to EAC pursuant 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 repre-
sentative 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 Agree-
ment, 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
obligations under the Agreement are not appropriated and authorized, then this
Agreement shall terminate as of the last day of the Preceding year, or when such ap-
propriated 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 ac-
count of such termination.
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SECTION II
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, pro-
viding all management and administrative services necessary to present a viable pro-
gram. This includes but is not limited to the gathering and dissemination of informa-
tion, research, promotional programs, publications and services and to representing
the City's interests in negotiating with industrial and bUsiness prospects wishing to lo-
cate in Elgin.
2. EAC shall be responsible for the operation of the programs carried out under the
terms of this Agreement. The EAC's president or tha president's designate shall be
responsible for the day-to-day operations of econon* development activities and the
general supervision and management of the business'affairs under this Agreement.
3. EAC shall provide office space, general office supplies, office equipment, auto, rent,
accounting and legal services, insurance, payroll t es, general postage, and tele-
phone necessary for carrying out the terms of this A reement. EAC shall enter into a
lease agreement with the City for the City-owned pre ises EAC is currently occupying
at the property commonly known as 31 S. Grove Avenue, Elgin, Illinois (City Premises).
The term of EAC's lease for the City Premises shall be contemporaneous with that of
this Agreement and EAC shall not be required to compensate the City for occupying
the City Premises during the term of said lease agree-nent.
4. EAC shall develop and implement an economic deve E1
opment program strategy as out-
lined in this Agreement with the funds provided to C by the City. The economic de-
velopment program strategy shall include a programmatic budget, the activities to
achieve the goals, the budget for each activity and a standard for evaluation of the ef-
fectiveness of each program and shall be submitted to the City for consultation and
concurrence.
5. 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 membership or programs not directly related to economic develop-
ment. Nothing in this contract, however, shall prevent the City from specifically funding
new projects as proposed by EAC.
6. EAC shall operate the programs contemplated in thi , Agreement for the general public
good for the promotion of business, industry and trade within Elgin.
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7. EAC shall conduct telephonic or personal meeting with all economic development re-
lated referred to EAC by the City and shall regularly prlovide the City with progress re-
ports on each economic development prospect referr'ed to EAC by the City. The City
may require EAC to provide an economic development professional from its staff to be
present at the City's place of business from time to tiite to respond to economic de-
velopment inquiries.
8. EAC shall provide in collaboration with the City an on-going plan for the economic de-
velopment of Elgin. This plan shall be incorporated 'hto EAC's program of action in
succeeding future years and monitored and updated annually throughout the life of
this Agreement.
9. EAC shall coordinate the recruitment of industries wi h the City's city manager to en-
sure that there will be no adverse impact to the ervironment of Elgin or the City's
costs of operation.
10. EAC shall make its books and financial records concrning the funds expended under
this Agreement available to the City for inspections nd review and audit. EAC will, at
no expense to the City, provide an annual report a;d accounting of expenditures of
the funds covered by this Agreement.
Core Services:
1. Business Retention: EAC shall conduct an annual business retention program in which
existing businesses and employers are identified acid personal contact is made with
City businesses by EAC through on-site visits, mail urveys or both. A survey sent via
mail or email at EAC's discretion shall be sent to Ciiiy businesses representing a vari-
ety of business sectors in such a manner that every business licensed by the City will
be contacted by EAC either by mail survey or a personal site visit not less than once
every three years. EAC shall annually conduct not les than 30 on-site business reten-
tion calls per year and mail not less 300 surveys annually to City businesses. EAC's
president and the City's city manager shall also conduct ten business retention calls
with the chief executive officers of the ten largest employers in Elgin. EAC's business
retention program shall be designed to identify and address the needs of existing
businesses and the manner in which EAC and the City can better assist those busi-
nesses, including, but not limited to, the following cdmponents:
a. Conducting a cluster and target industry analysis indentifying concentrations of
existing City businesses and determining which concentrations are most likely to
provide future growth and employment.
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b. Developing a broadband strategy for delivering high-speed Internet service to City
businesses with local broadband providers and in conjunction with the Federal
Communications Commission's "100 Squared Initiative."
c. Recommending an incentive program for existing businesses that creates job
growth and provides additional incentives for hiring City residents.
d. Serving as a resource for City businesses seeking economic, demographic,
commercial real estate and related data for economic development by providing
such data to Elgin businesses from EAC's subscrbed or maintained databases.
e. Updating and maintaining information on Elgin'0 community profile in the data-
base maintained by the Illinois Department of COmmerce and Economic Oppor-
tunity (DCEO). The City shall assist EAC in updting and maintaining such infor-
mation.
f. Conducting not less than four roundtables annually on economic development is-
sues of importance identified by City businesses during on-site visits, retention
survey responses or other means.
g. Analyzing data and information received form re ention surveys and on-site visits
and developing an action plan for further action based on those results and infor-
mation.
2. Business Attraction: EAC shall provide assistance to new business prospects seeking
to locate in Elgin by providing information on available sites and buildings, demograph-
ics, labor force, housing, education and infrastructure. EAC shall provide infrastructure
information to business prospects when requested by working with utility companies,
local governmental units and the City to facilitate the decision-making process for pro-
spective businesses considering locating in Elgin. EAC shall also work with state and
federal organizations to immediately respond to b4iness and developer requests for
information. EAC shall also perform the following business attraction services to aid
prospective businesses and developers:
a. Responding to DCEO's statewide inquiries seeking information for significant de-
velopment projects.
b. Providing information from EAC's subscribed br maintained databases of eco-
nomic, demographic, commercial real estate and related data for economic de-
velopment by providing such data to prospectiVe businesses or developers con-
sidering to locate in Elgin.
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c. Updating the existing market absorption analysis for Northern Kane County's in-
dustrial submarket (including Elgin) and utilizing the absorption analysis to identify
the location, size and timing of future business anc industrial parks within Elgin.
d. Reviewing the City's existing economic developnhent incentive programs to en-
sure City's programs remain advantageous and competitive.
e. Establish relationships with real estate professiohals through individual meetings
and by participating in events sponsored by CorelNet Global, the Illinois Develop-
ment Council and other industry associations.
f. Conduct an annual event for site selectors, developers, brokers and real estate
professionals that promotes the advantages of loCating in Elgin.
g. Market Elgin at International Council of Shopping Center trade shows.
h. Implement and a project tracking system for use,by EAC and the City for record-
ing and reporting on the status of business leads"and inquiries.
3. Domestic and Global Economic Initiatives: EAC sh01 continue its efforts to attract
businesses and quality jobs. Marketing efforts in domestic, Canadian, China, Pacific
Rim, Mexico, Central and South American and European regions shall be developed
to represent and sell the many advantages of locating and doing business in Elgin.
Such marketing activities shall be made in conjunction with existing federal and state
assistance programs whenever possible.
4. EAC Website: EAC will maintain a web site providing localized information on Elgin.
EAC and the City recognize this technology resource is the first point of contact with
site developers and business contacts and is a valuable marketing asset for Elgin
business attraction, retention, and community develOpment efforts. The EAC website
shall be capable of featuring video streaming; prcivide cost of living data; contain
downloadable community profile information. The EAC web site shall also provide in-
formation regarding site and building forms and data aerial, flood plain, topographical,
and street maps, zoning maps and zoning districts and enterprise zone maps as pro-
vided to EAC by the City through its GeoBlade software or other means; workforce in-
formation; demographic and labor force information; quality of life video; county and
city information; and links to City, state and partner iagencies. The EAC web site shall
also license an ACCRA (American Chamber of Comrnerce Research Association) Cost
of Living Calculator for measuring the relative cost of living differences among urban
areas in the United States as compiled by the Council for Community and Economic
Research, or an equivalent cost of living calculator.
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5. Entrepreneurial Services: EAC shall provide entrepreneOrial assistance service referrals
that provide business planning, partner referrals, sale S introductions, networking and
financing referrals for small business start-ups and exp6nsions.
6. Enhancing Elgin: EAC shall develop a marketing plan with measurable outcomes for
economic development and enhancing the quality of life in Elgin. Such marketing plan
shall incorporate the results of the existing branding project with a specific plan for im-
plementing the strategies identified in the second phase of the branding project.
7. Workforce Development: EAC shall continue promoting initiatives created to produce
a "workforce ready" labor supply to new and expandir6 businesses, including, but not
limited to, participating the following activities:
a. Partnering with School District U46, Elgin Comriunity College, Fox River Valley
WIB, other governmental agencies and Elgin erniployers in efforts to develop and
maintain a viable workforce for Elgin.
b. Developing initiatives with local employers that ara designed to retain the current
Elgin workforce.
c. Work with local schools and businesses to develop and publicize student intern-
ship and apprenticeship programs.
d. Continue supporting the implementation of the .WorkKeys" certification program
and the use of the "Key Train" program at both the local and state level.
e. Pursue partnerships and sponsorships with th "Dream It Do It" program to in-
crease the awareness and interest of young a ults for available opportunities in
the manufacturing sector with Elgin businesses.
f. Develop methods for acting as a conduit between local businesses, agencies,
educational institutions and residents to promote the various resources available
for developing a sustainable workforce.
8. Representation: EAC shall represent the City at various local, regional, state and fed-
eral economic development meetings and events.
Special Programs:
1. Transportation and Infrastructure: EAC shall seek all opportunities for participating in
the planning and development of needed transportation and infrastructure projects
throughout and impacting Elgin, Kane and Cook CoUnties including the Illinois 47 corri-
dor. EAC shall assist the City in identifying and Monitoring additional infrastructure
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needs and projects as agreed upon by both parties, Isuch as broadband, rail, water,
power and communications.
2. Alternative Energy Development Projects: EAC shall seek all opportunities for establish-
ing a major leadership role in the region in the monito-ing, planning, and development
of alternative energy development projects, as well aS identifying target industry clus-
ters for workforce skill sets and employment attraction projects associated with the re-
newable energy sector.
3. Legislative Support: EAC shall work with local, state and federal legislators on all sig-
nificant economic and business issues.
4. Buy Illinois: EAC shall examine the feasibility of suppof-ting and promoting the "Buy Illi-
nois" website (www.buyillinois.net) to area business wners, The Buy Illinois website
can assist Elgin businesses market their commercial p oducts and services to potential
customers across the State of Illinois.
5. Secondary Business Financing: EAC will provide assitance to Elgin businesses in ap-
plying for and obtaining funding through low-interest business financing, available re-
volving loan programs and assistance with DCEO assitance programs.
IN WITNESS WHEREOF, the parties hereto have ntered into and executed this
agreement effective as of the date and year first written above.
CITY OF ELGIN: ELGIN AREA CIFIAMBER Ok COM' ERCE:
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By: City Manager By: :-.k.k. \ A .1 '7
City Manager President„
Attest:
• -,..._,: _:,...:,.. -'31..)—Lt i&----p-ra -
City Clerk
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