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AGENDA ITEM REVIEW FORM |
6.A.
Regular City Council Meeting
- Meeting Date:
- 10/25/2017
- Department Head:
- Tadeo A. De La Hoya
- Submitted By:
- Melissa Lopez, Deputy City Clerk, City Clerk's Office
Action Requested:
Discussion Item - No Action to be Taken
Motion
Motion
ITEM:
Discussion and possible action on any and all matters regarding the agreement with Greater Yuma Economic Development Corporation for Fiscal Year 2017-2018. (Tadeo A. De La Hoya, City Manager and Jenny Torres, Economic Development Manager)
SUMMARY:
This contract came before City Council in a Work Session earlier this year and City Council directed staff to negotiate changes. The changes were made and presented at the informal work session on October 18, 2017. At that informal work session GYEDC presented a report of their activities. The amount of the contract is unchanged from last year at $40,000.00.
RECOMMENDATION / SUGGESTED MOTION:
I MOVE TO RATIFY, APPROVE AND ADOPT THE CONTRACT WITH GYEDC IN THE AMOUNT OF $40,000.00 AS PRESENTED.
Fiscal Impact
- IS THERE FISCAL IMPACT ASSOCIATED WITH THIS ITEM:
- Yes
- CITY/STATE/FEDERAL FUNDS:
- City
- TOTAL:
- $40,000.00
- BUDGETED AMOUNT:
- Yes
- AVAILABLE AMOUNT TO TRANSFER:
- N/A
- ACCT NAME & GL#/REMAINING BALANCE BEFORE PURCHASE:
- Contractual Services Acct. #100-110-80000 / Remaining Balance $390,295.46
FISCAL IMPACT STATEMENT (IF THIS IS A BUDGET TRANSFER, YOU MUST ATTACH THE BUDGET ADJUSTMENT FORM):
Contractual amount was budgeted for Fiscal Year 2017-2018