6.a.
TCEDC Agenda
- Meeting Date:
- 03/15/2023
- Title:
- Economic Development Corporation Strategic Planning meeting held on February 15, 2023 and subsequent action.
- Submitted For:
- Kristin Edwards
- Submitted By:
- Kristin Edwards, Economic Development
- Department:
- Economic Development
ACTION REQUEST (Brief Summary)
Discussion regarding the results of the Economic Development Corporation Strategic Planning meeting held on February 15, 2023 and subsequent action.
BACKGROUND
In 2022, the Economic Development Corporation partnered with Garner Economics to develop an Economic Development Action Plan for Texas City, including goals in four strategy areas: Asset Development, Effective Execution, Entrepreneurial Development and Communicating the Brand.
Upon the arrival of the City’s new Economic Development Director, the group utilized the document as part of a Strategic Planning workshop on February 15, 2023. The purpose of the workshop was to review the actions developed in the plan and to assign priorities/short- and long-term goals.
As detailed in the presentation, the EDC successfully reviewed the full plan and determined which actions should be addressed this fiscal year, next fiscal year and beyond.
Funds are appropriated in the EDC Budget to address some actions, i.e. first-year marketing deliverables, while other actions may require budget amendment(s).
Upon the arrival of the City’s new Economic Development Director, the group utilized the document as part of a Strategic Planning workshop on February 15, 2023. The purpose of the workshop was to review the actions developed in the plan and to assign priorities/short- and long-term goals.
As detailed in the presentation, the EDC successfully reviewed the full plan and determined which actions should be addressed this fiscal year, next fiscal year and beyond.
Funds are appropriated in the EDC Budget to address some actions, i.e. first-year marketing deliverables, while other actions may require budget amendment(s).
ANALYSIS
Receive staff report regarding results of EDC Strategic Planning meeting.