Item:
Title
Approve of Fiscal Year 2019-2020 Contract with Downtown Durham, Inc. for Identified Downtown Economic Development and Business Support Services
Body
Date of BOCC Meeting: August 26, 2019
Request for Board Action:
Agenda Text
The Board is requested to authorize the County Manager to execute the agreement in the amount of $160,000 with Downtown Durham Inc. (DDI) for services relating to downtown area business support and economic development in FY 2019-2020.
The agreement and Scope of Services will continue the positive relationship between DDI and the County that has assisted in the ongoing redevelopment of downtown Durham and concurrent tax base growth. Funds for this agreement were approved as part of the FY 19-20 County Manager’s budget. The attached Scope of Services outlines the major responsibilities, ways to measure outcomes and considerations for work requirements.
Alignment with Strategic Plan: This item aligns with Goal 4: Environmental Stewardship and Community Prosperity to promote and support the community and economic vitality for all residents
Resource Persons: Andy Miracle, Economic Development Officer; Jay Gibson, General Manager and Nicole Thompson, Director of Downtown Durham, Inc.
County Manager’s Recommendation: The County Manager recommends that the Board authorize the County Manager to execute an agreement with Downtown Durham, Inc. in the amount of $160,000 for services relating to downtown area business support and economic development.
Signature
County Manager: ____________________________