Laserfiche WebLink
<br />Page 2 <br /> <br />appropriate participation with regional <br />organizations and the Texas Department of Commerce; <br /> <br />4. creating a positive community attitude for <br />development; <br /> <br />5. Encouraging and assisting existing businesses to <br />expand; <br /> <br />6. Identifying and stimulating prospects interested in <br />locating in the San Marcos area; <br /> <br />7. Identifying and stimulating prospects interested in <br />locating in the Austin-San Marcos-San Antonio <br />Corridor, Central Texas Region, and State; <br /> <br />8 . Developing a local contact commi ttee to convey <br />current information to prospects in an efficient, <br />timely and cost-effective manner; and, <br /> <br />9. Updating the EDC fact book in a timely manner. <br /> <br />B. The EDC and the Chamber shall authorize and make <br /> <br />expenditures of EDC funds in conformity with the budget approved by <br /> <br />the City Council and attached to this Agreement as Exhibit "A". <br />This budget contains an itemization of costs to be separately <br /> <br />incurred by the EDC and the Chamber during the year, including <br />without limitation costs for office space, employees, equipment, <br />supplies, travel expenses and vehicles. <br /> <br />C. The EDC and the Chamber shall each designate two (2) <br /> <br />officers authorized to co-sign checks written on all EDC accounts. <br /> <br />The signature of at least one official of each organization shall <br /> <br />be required on all checks written on EDC accounts. <br /> <br />II. <br />OBLIGATIONS OF EDC <br /> <br />A. The EDC shall provide monthly reports of its activity to <br />the City, including the following information: <br />