 |
AGENDA ITEM REVIEW FORM |
6.C.
Regular City Council Meeting
- Meeting Date:
- 09/24/2025
- Department Head:
- Kay Macuil
- Submitted By:
- Justin Neuman, Paralegal, Attorney's Office
Action Requested:
Motion
ITEM:
Discussion and possible action on any and all matters regarding a proposed contract with Greater Yuma Economic Development Corporation for regional economic development efforts. (Jenny Torres, Acting City Manager)
SUMMARY:
Organizational Structure: The Greater Yuma Economic Development Corporation (“GYEDC”) is a private non-profit corporation funded by public sector funders (Yuma County, City of Somerton, Town of Wellton, and City of San Luis) and private sector funders who use the services. The city has entered into contracts that expire every year on June 30. Either party may terminate the contract at any time without cause with a ninety-day (90-day) notice.
Service: GYEDC provides services focused on attracting commerce and industry to the region and assisting in developing the region’s existing industry to its fullest potential. The proposed contract is in substantially the same form as in prior years and sets out measurable goals. This service is classified as a professional service pursuant to San Luis City Code § 3.05.080 and is not subject to requirements for quotes or bidding. The annual amount exceeds $45,000, so under the City Code must be approved by City Council.
Amount: $63,763.00. The city has entered into agreements with GYEDC for economic development services in the past years. On June 25, 2025, the City Council approved $64,000.00 to the budget for GYEDC.
Service: GYEDC provides services focused on attracting commerce and industry to the region and assisting in developing the region’s existing industry to its fullest potential. The proposed contract is in substantially the same form as in prior years and sets out measurable goals. This service is classified as a professional service pursuant to San Luis City Code § 3.05.080 and is not subject to requirements for quotes or bidding. The annual amount exceeds $45,000, so under the City Code must be approved by City Council.
Amount: $63,763.00. The city has entered into agreements with GYEDC for economic development services in the past years. On June 25, 2025, the City Council approved $64,000.00 to the budget for GYEDC.
RECOMMENDATION / SUGGESTED MOTION:
I MOVE TO APPROVE THE CONTRACT WITH GYEDC IN THE AMOUNT OF $63,763.00.
Fiscal Impact
- IS THERE FISCAL IMPACT ASSOCIATED WITH THIS ITEM:
- Yes
- CITY/STATE/FEDERAL FUNDS:
- City
- TOTAL:
- $63,763.00
- BUDGETED AMOUNT:
- $64,000.00
- AVAILABLE AMOUNT TO TRANSFER:
- N/A
- ACCT NAME & GL#/REMAINING BALANCE BEFORE PURCHASE:
- Contractual Services 100-110-80000 $476,500
FISCAL IMPACT STATEMENT (IF THIS IS A BUDGET TRANSFER, YOU MUST ATTACH THE BUDGET ADJUSTMENT FORM):
This annual contribution is included in the fiscal year budget 2026. The budgeted amount is $64,000. There is a total of $476,500 budgeted for all contractual services for the entire fiscal year 2026.