Discuss and appoint two (2) Urban Renewal Authority board members to the Economic Development Advisory Board, or take other necessary action. (Mike Miller)
BACKGROUND:
The City Council amended this ordinance in September of 2023, establishing an economic development committee. In October and November meetings, Councilors discussed possible amendments and changes to the committee's structure, duties and composition. Councilor Hoos has gathered input from those meetings and discussions and proposes the attached changes to the ordinance, which expands the committee to include members of the Urban Renewal Authority, Port Muskogee, and other economic development partners. It further defines the scope of work of the committee to focus on housing and retail projects with specific emphasis on strategic planning, project evaluation, resource allocation, contract review and reporting. The committee would provide recommendations but the City Council retains approval authority for all economic development incentives from the City for these projects; the committee would be subject to open meetings regulations and would discuss confidential matters in executive session.
RECOMMENDED ACTION:
Appoint and approve two URA board members to the Economic Development Committee.