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AGENDA ITEM REVIEW FORM |
2.H.
Work Session
- Meeting Date:
- 02/06/2019
- Department Head:
- Jenny Torres
- Submitted By:
- Dania Castillo, Economic Development Assistant, Administration, Economic Development
Action Requested:
Discussion Item - No Action to be Taken
ITEM:
Discussion and possible directions to staff on any and all matters regarding Resolution No. 2063. A resolution of the Mayor and City Council of the City of San Luis, Arizona authorizing and directing the entering into the 4FrontED Binational Program through an amended and restated intergovernmental agreement with the Town of Wellton, the cities of Somerton and Yuma, and Yuma County for the continued support of economic development of the greater Yuma region. (Jenny Torres, Economic Development Manager)
SUMMARY:
The City of San Luis and its member agencies composed of the City of Yuma, the City of Somerton, the Town of Wellton and Yuma County expressed an interest in continuing a bi-national economic development program to promote growth and expand economic opportunities to the 4FrontED region. The county and cities shall contribute funding to meet the program's goals. The funding mechanism approved by all member agencies is twenty cents (.20¢) per capita using the 2017 population census estimate of 35,289. The city's contribution to this effort is $7,058.00. Resolution No. 2063 will adopt the updated IGA as previously approved through Resolutions No.1155 and 1164 by the San Luis City Council.
RECOMMENDATION / SUGGESTED MOTION:
DISCUSSION AND DIRECTIONS TO STAFF ONLY, NO ACTION.
Fiscal Impact
- IS THERE FISCAL IMPACT ASSOCIATED WITH THIS ITEM:
- Yes
- CITY/STATE/FEDERAL FUNDS:
- City
- TOTAL:
- $7,058.00
- BUDGETED AMOUNT:
- Yes
- AVAILABLE AMOUNT TO TRANSFER:
- N/A
- ACCT NAME & GL#/REMAINING BALANCE BEFORE PURCHASE:
- 100-110-80000/Contractual Services/Remaining Balance $112,855.73
FISCAL IMPACT STATEMENT (IF THIS IS A BUDGET TRANSFER, YOU MUST ATTACH THE BUDGET ADJUSTMENT FORM):
Funds budgeted under Council Contractual Services, account no. 100-110-80000.