Consider a Resolution to Recruit for an Economic Development Manager

The City’s Economic Development & Marketing Manager resigned in March, 2012 and the Assistant City Administrator/Community Development Director resigned in April, 2012. Both positions were significantly involved in Economic Development. Since then, with the City Administrator’s general oversight and support, the Management Analyst has been covering many of the City’s economic development duties; the Finance Director  has been covering the Tax Increment Financing district responsibilities; and the EDA consultant Mike Mulroney has assisted with various economic development projects, as needed.

A needs analysis (see attached) has been conducted for this position.  Based on results of that analysis, staff is recommending that a full-time Economic Development Manager be hired to perform the City’s economic development function. This position would be responsible for the development and implementation of economic development, programs, and services for both commercial and industrial businesses.

Staff is proposing a slight restructure of this position from Economic Development & Marketing Manager to Economic Development Manager to allow this position to focus specifically on economic development. The restructure would place more emphasis on real estate and development transactions such as negotiating and securing property purchases for the purposes of development and redevelopment; as well as transferring much of the marketing and communications component (via electronic and printed media) to the Management Analyst.

Additionally, staff proposes continuing that the Management Analyst’ would continue to assist in some economic development duties to ensure continuity with internal and external customers, and to provide a proactive back-up staffing for this important fuction.

The importance of filling the economic development position  is evidenced by the City’s investment of time and resources in retaining and expanding existing businesses and attracting new businesses. Without this position it will be very difficult to attain many of the City Council’s strategic goals; many of which focus on economic development.  This was a key position included in the 2013 budget.

The needs analysis for the Economic Development Manager position is attached for your review and consideration. In addition, staff has included minutes from the most recent EDA meeting which indicate EDA support for hiring a full-time Economic Development Manager.

There are no viable options that will properly address the City's Economic Development needs.

To authorize staff to begin the recruitment process for an Economic Development Manager.

The annual funding required for this position approximately $87,210 (TIF @ 20%, EDA  20%, HRA 60%).  Funding for this position is included in the 2013 budget.

Motion to recommend City Council adopt a resolution to approve staff to begin a recruitment process for an Economic Development Manager.