Consent 1.F.
Regular City Council Meeting
- Meeting Date:
- 01/25/2010
- TITLE
- Beartooth R C & D Memorandum of Understanding
- PRESENTED BY:
- Tina Volek
- Department:
- City Hall Administration
Presentation:
PROBLEM/ISSUE STATEMENT
The City of Billings annually approves a Memorandum of Understanding (MOU) with the Beartooth RC&D Economic Development District (District). The 2009 MOU was approved by Council on January 12, 2009. The District presented an overview of its organization and a summary of its 2009 projects at the work session on January 19, 2010.
The MOU and the funding provided by the City ($9,136) 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 ($9,136) 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
City Council may:
- Approve the MOU and funding; or
- Not approve the MOU and funding.
FINANCIAL IMPACT
The 2010 assessment is $9,136. The City budgeted $8,500 for this expense. The overage will not require a budget amendment.
RECOMMENDATION
Staff recommends that Council approve the Beartooth RC&D Economic Development District Memorandum of Understanding.