Share to Facebook Share to Twitter Bookmark and Share
File #: CON 20-01    Version: 1 Name: Economic Development Services Agreement MEDA
Type: Contract Status: Passed
File created: 1/9/2020 In control: City Council Regular Meeting
On agenda: 1/21/2020 Final action: 1/21/2020
Title: The Mayor and City Council shall discuss and possibly take action on approving an Economic Development Services Agreement with the Maricopa Economic Development Alliance (MEDA) to provide a comprehensive economic development program focused on building jobs and capital investment in the City. Discussion and Action.
Attachments: 1. Contract
TITLE
The Mayor and City Council shall discuss and possibly take action on approving an Economic Development Services Agreement with the Maricopa Economic Development Alliance (MEDA) to provide a comprehensive economic development program focused on building jobs and capital investment in the City. Discussion and Action.

AGENDA ITEM DESCRIPTION
The mission of Maricopa Economic Development Agreement (MEDA) is to champion strategies and solutions that foster economic growth and prosperity in the City of Maricopa. MEDA is Maricopa’s private-public partnership for economic development. As a 501(c)3 corporation, the organization champions strategies and solutions that foster economic growth and prosperity in the City of Maricopa by bringing together the business, government, education and civic sectors to identify and advance forward-looking policies that facilitate investment, growth and workforce development. MEDA’s board is comprised of executives from Maricopa’s major business sectors, representing expertise and experience in utilities, finance, development, health care, government, and infrastructure development.

MEDA agrees to be the lead and serve as the single point of contact and information source on behalf of the City of Maricopa to prospective employers, investors and other groups such as real estate brokers and developers and site location consultants interested in investing and/or establishing job-producing operations in the City. MEDA will provide direct assistance to the City in establishing and executing a marketing plan positioning Maricopa as a location for business operations through business development activities. MEDA will be providing regular updates to the City Manager and Economic Development Manager as well as City Council twice annually. MEDA will be hiring a full-time economic development professional to fulfill MEDA’s scope of work, especially related to business development and qualified administrative staff.

This Agree...

Click here for full text