Consent 1.F.
Regular City Council Meeting
- Meeting Date:
- 03/25/2013
- TITLE
- Beartooth RC&D, Economic Development District Memorandum of Agreement
- PRESENTED BY:
- Bruce McCandless, Asst. City Administrator
- Department:
- City Hall Administration
Presentation:
Information
PROBLEM/ISSUE STATEMENT
The City of Billings annually approves a Memorandum of Understanding (MOU) with the Beartooth RC&D Economic Development District (District). The 2012 MOU was approved by Council on February 13, 2012. This agreement's term is from the date of execution through December 31, 2013. The District's 2012 annual activities report was delivered to Councilmembers at the November 19, 2012 work session.
The MOU and the funding provided by the City ($9,563.62) ensures the City's participation in and access to the District's economic development/grant writing service. The City appoints one member to the District, and that position is presently occupied by Councilmember Ulledalen.
The MOU and the funding provided by the City ($9,563.62) ensures the City's participation in and access to the District's economic development/grant writing service. The City appoints one member to the District, and that position is presently occupied by Councilmember Ulledalen.
ALTERNATIVES ANALYZED
The City Council may approve or disapprove the MOU. Disapproving it would make the economic development and grant writing services inaccessible.
FINANCIAL IMPACT
The City's approved FY 2013 budget for this item is $10,000. The 2013 request is 1.2% higher than in 2012.
RECOMMENDATION
Staff recommends that the City Council approve the 2013 MOU with the Beartooth RC&D Economic Development District and authorize the $9,563.62 payment for 2013.