| ITEM #: 11. DATE: 07/07/2025 AI #:2675 |
 |
CITY COUNCIL ACTION REPORT
| SUBJECT: | ADOPTION OF RESOLUTION APPROVING AN INTERGOVERNMENTAL AGREEMENT (IGA) BETWEEN ARIZONA BOARD OF REGENTS FOR AND ON BEHALF OF ARIZONA STATE UNIVERSITY |
| STAFF PRESENTER(S): | Darah Mann, Deputy Director of Economic Development |
SUMMARY
Intergovernmental Agreement ("IGA") between the city of Goodyear and Arizona Board of Regents for and on behalf of Arizona State University to establish a partnership between ASU and the City of Goodyear’s InnovationHub to collaboratively plan, market, and execute key entrepreneurial programs and initiatives.
STRATEGIC PLAN ALIGNMENT
.png) |
RECOMMENDATION
ADOPT RESOLUTION NO. 2025-2482 APPROVING AN INTERGOVERNMENTAL AGREEMENT WITH THE ARIZONA BOARD OF REGENTS FOR AND ON BEHALF OF ARIZONA STATE UNIVERSITY . (Darah Mann, Deputy Director of Economic Development)
FISCAL IMPACT
Funding for this action item was approved by Council in the FY26 budget.
BACKGROUND AND PREVIOUS ACTIONS
On October 21, 2024, Economic Development staff presented the strategic plan item to evaluate the current InnovationHub format and find efficiencies and expansion opportunities. Council supported exploring a third-party partnership, and staff identified ASU as a capable partner for enhancing services through events, data collection, and expanded support for small businesses. This IGA establishes a partnership between ASU and the city to collaboratively plan, market, and deliver entrepreneurial programs in the first fiscal year, offering valuable education and networking opportunities for Goodyear’s small business community.
STAFF ANALYSIS
The IGA outlines the scope of services, deliverables, and a fee schedule. Payments from the city will be made upon completion and approval of the specified services. The agreement shall terminate on June 30, 2026, unless extended or modified by mutual written agreement. The proposed IGA and accompanying Resolution No. 2025-2482 are included as Attachment A. Staff will return to Council at a future date to seek approval for continuation of the partnership, contingent upon successful implementation of the initial agreement terms.