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Res 2016-123/Use Res: 2016-166
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Res 2016-123/Use Res: 2016-166
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2/1/2017 12:56:18 PM
Creation date
10/17/2016 8:51:57 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
2016-123
Date
9/20/2016
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3. Identify short -comings in current workforce training through BRE surveys and <br />report to workforce training providers. <br />4. Enhance partnerships with Gary Job Corp and other stakeholders. <br />S. Provide quarterly report on Workforce Development strategies and activities. <br />G. Office. The Corporation agrees to znatintain an office located within the San <br />Marcos city litnits that meets ADA requirements for accessibility and is staffed during regular <br />husinesss hours, Monday through Friday, excluding City -recognized holidays. <br />H. PresidentKNU. The Corporation agrces to employ a full -tithe President/CEO to <br />serve as the Corporation's manager for the performance of servicers under this Agreement. City <br />Council representatives will tie on the search committee Peer the: corporation's President/CEO <br />and provide meaningful input to the process. <br />1. The President/ CEO will bean ex -officio, without vote, cin the Economic <br />Development San Marcos Board (EDSM Board). <br />2. The Pre.4ident/CEO will provide reports directly to the City Manager and <br />any City nominceas who survc on the Corporation Board, and will cooperate fully with <br />the HDSM Board, the City Council and lite City stuff in all matters related to economic• <br />dc,volopntettt. <br />3. The President/C130 will provide all relevant dotails including it cost/hc"uel'il <br />analysis and a dtte diligence: report including crileda set Birth in Exhibit "C"' for each <br />prospect and proposed incentive to the EDSM Board and to the City Clerk at least 3 <br />days prior to the ntceting at which an incentive: is to he conr,idcred. <br />I: City Economic Development Director. `I'Itis xceflon intentionally tell blank. <br />.1. Quarterly Reports. 'I'hc Corporation will prepare: a written quarterly report <br />cojimi-ning issues related to economic de.veloprticni in the greater San Marcos irgion. The <br />President/CEO will present this rrpoti to the: City Manager and City Council in cloned mecting <br />to the extant n • w ed to protect the Confidentiality of inlortnattion Beret huffiness prospects while <br />assuring, compliance with the'rexas Open Meetings Act, <br />K. Kinding Requesis. On or helure June (5 1h of eaelt year preceding the fiscal year <br />For which City funding is requested, the Corporation will, in consultation with the; <br />PreAdcnt/CE+O, develop and submit to the City for review and approval by the City Council, the <br />C'orporation's proposed budget, any changes or additions to the proposed programs of worse, and <br />benclunark nic atsure-ments in the Economic Development Strategy and Implementation Plan. <br />Any proposed changes to the approved GSMP budget inert besubmitted to the City Clerk on the <br />satne: day they are xubinitted to the GSMP Board. <br />L. Financial Report; Audit. The Corporation agrees to submit to the City an annual <br />financial report and an audit prepared by a certified public accountant. <br />M. Records. The Corporation shall maintain complete and accurate financial records <br />of each expenditure of fiends in accordance with generally accepted accounting principles <br />�3 <br />
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