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to act as principal liaison to the ED Board, City Council and City staff on economic <br />development matters. <br />2. The Chamber agrees that the hiring of the Economic Development Director by the <br />Chamber, and the salary and benefits provided by the Chamber to the Economic <br />Development Director, will be subject to approval by the City Council upon <br />recommendation of the ED Board. The Chamber also agrees that the City Council <br />will have authority to require the Chamber to remove the person holding the position <br />of Economic Development Director from that position for any reason deemed <br />sufficient to the Council. In the event of any such removal, the Chamber, after <br />consultation with the ED Board, shall promptly recommend a replacement for <br />approval by the City Council. With respect to the Economic Development Director <br />the City Council shall have final authority over all employment decisions. <br />3. The Chamber agrees that the Economic Development Director will provide reports <br />directly to the ED Board and the City Council, and will cooperate fully with the ED <br />Board, the City Council and the City staff in all matters related to economic <br />development. <br />G. Program of Services; Performance Measures; Performance Review Plans; <br />Budget. <br />1. The Chamber will, in consultation with the Economic Development Director and the <br />ED Board, develop and submit to the City Council the following, no later than <br />November 30, 2007, covering the first year of the Original Agreement, for review and <br />approval by the City Council: <br />a. A proposed program of economic development services; <br />b. Proposed performance measures; and, <br />c. A proposed performance review plan. <br />2. For the second year and any one-year extension period for this Agreement after the <br />first year, the Chamber will, in consultation with the Economic Development <br />Director and the ED Board, develop and submit the following to the City no later <br />than the July 31" that precedes the extension period, covering the extension period, <br />for review and approval by the City Council: <br />a. A proposed program of economic development services; <br />Page 3 of 8