Title
Chief Administrative Office recommending the Board approve and authorize the Chief Administrative Officer to sign the Greater Sacramento Economic Council Regional Cooperation Policy, a policy between Greater Sacramento Economic Council and the Economic Development Directors Taskforce.
FUNDING: N/A
Body
DISCUSSION / BACKGROUND
On August 2, 2016, your Board approved the initial Agreement with GSEC in the amount of $60,187 with a term effective upon execution and continuing through June 30, 2017 (Legistar Item #16-0606 V1). Subsequently, on June 6, 2017, your Board approved a renewal of the Agreement in the amount of $60,187 for Fiscal Year 2017-18 and delegated authority to the Chief Administrative Officer to approve future annual renewals provided the annual renewal rate of $0.40/per capita does not increase (Legistar Item #16-0606 V2). The Chief Administrative Officer approved renewal Agreement 076-S1711 (FENIX #3047) in the amount of $60,187 for Fiscal Year 2018-19 at a rate of $0.40/per capita.
The Agreement provides for the County's participation with the Greater Sacramento Economic Council (GSEC) as a voting member, and economic development related services including regional, statewide, and international strategy development, assistance with retention and expansion of existing businesses within the County, and research on key retention and expansion projects.
The foundation of the Regional Cooperation Policy is built on trust and the spirit of regional cooperation among the entities involved and is intended to serve as a guideline for interaction between Greater Sacramento Economic Council and its member communities. It is imperative that Greater Sacramento and the Economic Development Directors of its member communities work together as partners on projects involving the communities which Greater Sacramento represents.
Signing the Regional Cooperation Policy demonstrates the County’s commitment to promote the six-county Sacramento Region as a...
Click here for full text