Res 2012-119 - Laserfiche WebLink

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Corporation agrees to use its best efforts to accomplish this mission by implementing the program approved by the City Council in the Comprehensive Economic Development Strategy and Implementation Plan. The program will be directed generally towards three goals: 1) Economic Diversity; 2) Workforce Education; and 3) Quality of Place. C. Small Business Economic Development. The Corporation will continue its efforts in working with prospects that are small businesses. For the purpose of this agreement a small business shall mean any business whose gross annual revenues do not exceed $500,000. The services offered to small businesses shall include evaluating the immediate needs of such prospects and assisting them in finding resources appropriate to their needs. The Corporation will work with the President /CEO to facilitate educational events that communicate the efforts of the City, and the Corporation to the public regarding their collaborative efforts in working towards established economic development goals. D. Business Contacts and Leads. The Corporation, through the President/ CEO, agrees to function as the City's initial contact for prospective and current employers and businesses in matters related to economic development. At least monthly, the Corporation shall provide to the City Manager, or his or her designee, a written report identifying all business prospects with which it has made contact. The President /CEO will continue to pursue business leads on behalf of the City. The President /CEO may also assist other municipal members of the Corporation to pursue business leads generated by such municipality provided that assisting such other municipality does not conflict with the City's pursuit of a business lead. E. Office. The Corporation agrees to maintain an office located within the San Marcos city limits that meets ADA requirements for accessibility and is staffed during 2